JORDAN ESTATE

Operated by ROBERTSON RESOURCES, INC. (P-5 718770) in the SUGGS (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25558District 7BField 87019200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$404 k
Jan 1993 – Jun 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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 93 leases and 172 wells, and the rule below applies to all of them.

Discovered
1982-02-13
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1983-10-31.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPT 40 AC UNITS PER DKT 7B-81,192 W/2100'DIAG.

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
OilDisposition18,330 bbl$391,100
Casinghead gasProduction2,538 Mcf$12,698
Total$403,798

48 Mcf of this lease's gas, across 48 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 (246)

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

246 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201283079.822.52$6,625
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 200461043.245.28$2,638
Aug 20040042.375.55$0
Jul 200403438.286.08$207
Jun 20041559136.106.43$6,181
May 200415911637.486.49$6,713
Apr 200415911034.475.86$6,125
Mar 20041588334.365.53$5,888
Feb 20041569232.455.51$5,569
Jan 200415811232.036.30$5,766
Dec 20031408230.266.30$4,753
Nov 20031579628.804.60$4,963
Oct 20031649328.174.76$5,063
Sep 20031579426.314.75$4,577
Aug 20031836929.765.13$5,800
Jul 200308929.415.17$460
Jun 20031546428.565.98$4,781
May 20031628926.595.97$4,839
Apr 20032787826.675.41$7,836
Mar 200316710131.146.10$5,816
Feb 200316610933.487.93$6,422
Jan 200302030.315.58$112
Dec 200232710326.914.85$9,300
Nov 200216410424.664.14$4,474
Oct 200216017026.464.23$4,953
Sep 200232311627.443.64$9,285
Aug 200232113225.963.16$8,751
Jul 200211313224.583.06$3,182
Jun 200204623.733.34$154
May 2002139124.663.58$3,431
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020118.222.38$2
Jan 2002154117.172.38$2,647
Dec 2001141116.932.36$2,389
Nov 2001150118.072.41$2,713
Oct 2001308119.782.53$6,095
Sep 2001156124.262.25$3,787
Aug 2001159124.873.05$3,957
Jul 2001156123.933.20$3,736
Jun 2001154124.563.82$3,786
May 2001145125.524.31$3,705
Apr 20010124.685.34$5
Mar 2001148124.545.38$3,637
Feb 2001148127.755.77$4,113
Jan 2001154127.478.40$4,239
Dec 20000126.889.12$9
Nov 2000156132.215.66$5,030
Oct 2000151131.235.15$4,721
Sep 20000131.875.19$5
Aug 2000296129.644.54$8,778
Jul 20007128.534.09$204
Jun 2000158129.304.40$4,634
May 2000150127.263.68$4,093
Apr 20000124.513.12$3
Mar 2000266128.422.86$7,563
Feb 2000157127.622.73$4,339
Jan 2000157125.272.48$3,970
Dec 1999150124.282.42$3,644
Nov 1999155123.192.43$3,597
Oct 1999158120.982.80$3,318
Sep 1999158121.752.62$3,439
Aug 19990119.262.88$3
Jul 1999161117.892.37$2,883
Jun 1999153115.942.36$2,441
May 1999146115.792.32$2,308
Apr 1999317115.102.21$4,789
Mar 1999153112.471.84$1,910
Feb 199916119.981.82$1,609
Jan 1999329110.381.90$3,417
Dec 199816319.201.77$1,501
Nov 1998161110.892.19$1,755
Oct 1998161112.421.97$2,002
Sep 1998162112.592.08$2,042
Aug 1998165111.301.91$1,866
Jul 1998325111.742.24$3,818
Jun 1998157111.242.24$1,767
May 19980112.622.21$2
Apr 19980113.042.51$3
Mar 1998139112.802.31$1,782
Feb 1998166113.952.30$2,318
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 1997315118.193.09$5,733
Oct 1997191119.253.15$3,680
Sep 19970117.742.95$3
Aug 1997165117.862.55$2,949
Jul 1997157117.582.25$2,762
Jun 1997313117.242.26$5,398
May 1997109118.972.31$2,070
Apr 1997165117.882.08$2,952
Mar 1997164118.951.94$3,110
Feb 1997265120.492.21$5,432
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 19960121.97$0
Oct 1996169123.31$3,939
Sep 19960122.22$0
Aug 1996149120.26$3,019
Jul 1996164119.55$3,206
Jun 19960118.73$0
May 1996164119.43$3,187
Apr 1996167121.51$3,592
Mar 1996167119.38$3,236
Feb 19960116.98$0
Jan 1996167117.07$2,851
Dec 1995169117.19$2,905
Nov 1995166116.00$2,656
Oct 19950115.43$0
Sep 1995168116.18$2,718
Aug 1995166115.92$2,643
Jul 1995163115.24$2,484
Jun 19950116.41$0
May 1995166117.56$2,915
Apr 19950117.73$0
Mar 1995165116.44$2,713
Feb 19950116.58$0
Jan 1995162115.92$2,579
Dec 1994155115.03$2,330
Nov 19940115.90$0
Oct 1994160115.58$2,493
Sep 19940115.29$0
Aug 1994154116.13$2,484
Jul 1994154117.56$2,704
Jun 1994163117.09$2,786
May 19940115.88$0
Apr 1994161114.14$2,277
Mar 1994157112.46$1,956
Feb 19940112.50$0
Jan 1994166112.66$2,102
Dec 19930112.33$0
Nov 1993152114.49$2,202
Oct 1993161115.85$2,552
Sep 1993147115.03$2,209
Aug 19930115.66$0
Jul 1993177115.46$2,736
Jun 19930116.79$0
May 1993146117.68$2,581
Apr 1993162118.05$2,924
Mar 1993161118.14$2,921
Feb 19930117.90$0
Jan 1993163116.93$2,760

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.

Jun 2012 — as filed, then multipliedworked
Oil                   83 bbl  × $ 79.82 =     $6,625
Casinghead gas         0 Mcf  × $  2.52 =         $0

────────────────────────────────────────────────────
Month total                                   $6,625

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/25558 is the state's own key, not one this site invented.