RHONE

Operated by CONE & PETREE OIL & GAS EXP. INC (P-5 170765) in the BURT-OGEN-MABEE (DOG BEND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23282District 7BField 13924350OilCasinghead gasSaveExport
Value, all time
$27 k
Jan 1993 – Feb 1999
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
74
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 8 leases and 9 wells, and the rule below applies to all of them.

Discovered
1978-08-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition1,726 bbl$27,044
Casinghead gasProduction66 Mcf$47
Total$27,091

47 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (74)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

74 months

Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998228011.301.91$2,576
Jul 19980111.742.24$2
Jun 19980111.242.24$2
May 19980112.622.21$2
Apr 19980113.042.51$3
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 19970117.242.26$2
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 19960121.97$0
Oct 19960123.31$0
Sep 19960122.22$0
Aug 1996109120.26$2,208
Jul 19960119.55$0
Jun 19962118.73$37
May 19960019.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960116.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 19950116.00$0
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 1995181117.73$3,209
Mar 19950116.44$0
Feb 19950116.58$0
Jan 19950115.92$0
Dec 1994186115.03$2,796
Nov 19940115.90$0
Oct 19940115.58$0
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994182117.56$3,196
Jun 19940117.09$0
May 19940115.88$0
Apr 19940114.14$0
Mar 1994169112.46$2,106
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 1993149114.49$2,159
Oct 19930115.85$0
Sep 19930115.03$0
Aug 1993179115.66$2,803
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 1993161118.05$2,906
Mar 19930118.14$0
Feb 19930117.90$0
Jan 1993180116.93$3,047

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Aug 1998 — as filed, then multipliedworked
Oil                  228 bbl  × $ 11.30 =     $2,576
Casinghead gas         0 Mcf  × $  1.91 =         $0

────────────────────────────────────────────────────
Month total                                   $2,576

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7B/O/23282 is the state's own key, not one this site invented.