JOHNSON, FANNIE MAE

Operated by GUNN OIL COMPANY (P-5 339493) in the KATZ (5100) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27610District 7BField 48294666OilCasinghead gasSaveExport
Value, all time
$19.9 M
Jun 1995 – Jun 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
253
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 32 leases and 237 wells, and the rule below applies to all of them.

Discovered
1951-04-30
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: INTO THE KATZ (STRAWN).

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
OilDisposition493,655 bbl$19,406,835
Casinghead gasProduction118,097 Mcf$461,961
Total$19,868,796

8,420 Mcf of this lease's gas, across 19 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 (253)

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

253 months

Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014172097.406.19$16,753
Jan 20140090.404.86$0
Dec 2013172091.824.35$15,793
Nov 2013176088.853.74$15,638
Oct 2013878097.423.78$85,535
Sep 20138510104.113.72$88,598
Aug 20131,0360104.253.52$108,003
Jul 20131,0500102.523.72$107,646
Jun 2013861094.403.93$81,278
May 20131,036094.834.15$98,244
Apr 2013862093.964.28$80,994
Mar 2013872093.623.91$81,637
Feb 2013878091.233.42$80,100
Jan 2013877091.603.42$80,333
Dec 20121,050086.773.42$91,109
Nov 20121,053086.953.62$91,558
Oct 2012879089.383.40$78,565
Sep 2012700094.672.92$66,269
Aug 20121,046092.662.91$96,922
Jul 20121,025085.133.02$87,258
Jun 2012684079.822.52$54,597
May 2012685091.612.49$62,753
Apr 20128890101.652.00$90,367
Mar 20126880105.052.22$72,274
Feb 20126710101.102.57$67,838
Jan 2012862098.092.73$84,554
Dec 2011841096.873.24$81,468
Nov 2011859095.723.31$82,223
Oct 2011666084.983.65$56,597
Sep 20111,033083.623.99$86,379
Aug 2011661083.404.15$55,127
Jul 20111,011094.144.52$95,176
Jun 2011809092.904.64$75,156
May 2011984098.134.40$96,560
Apr 20118250105.964.33$87,417
Mar 201182222496.364.06$80,117
Feb 2011020985.644.18$874
Jan 201187315586.504.59$76,226
Dec 201083223285.734.35$72,336
Nov 20101,05021880.843.80$85,709
Oct 201085923078.103.51$67,895
Sep 20101,01922572.633.98$74,905
Aug 201084623073.684.42$63,350
Jul 201087515772.554.74$64,225
Jun 201083921670.364.91$60,093
May 20101,08124271.124.24$77,906
Apr 20101,06324881.694.12$87,859
Mar 20101,20030778.394.39$95,415
Feb 201067924473.585.44$51,289
Jan 20101,24330574.365.96$94,249
Dec 20091,13930071.445.48$83,015
Nov 20091,26630174.593.75$95,560
Oct 20091,06931872.544.11$78,852
Sep 20091,05428765.543.06$69,959
Aug 20091,02032667.423.22$69,818
Jul 20091,19536261.133.46$74,305
Jun 20091,03233366.163.90$69,574
May 20091,21733254.743.93$67,922
Apr 20091,16932546.773.59$55,840
Mar 20091,30635442.144.06$56,472
Feb 20091,00128632.814.63$34,168
Jan 20091,37531335.865.37$50,989
Dec 20081,38032837.105.98$53,159
Nov 20081,19732155.496.86$68,624
Oct 20081,16934275.246.92$90,323
Sep 20082,014399101.767.88$208,088
Aug 20082,208513114.228.48$256,550
Jul 20082,156488131.0811.39$288,167
Jun 20081,984456131.3313.03$266,502
May 20082,109398123.1711.57$264,372
Apr 20082,162461110.3110.45$243,310
Mar 20082,064474101.909.66$214,902
Feb 20081,80640192.538.77$170,626
Jan 20082,50444090.388.21$229,922
Dec 20072,30739588.337.30$206,662
Nov 20071,83340291.677.29$170,962
Oct 20072,31139482.856.92$194,194
Sep 20072,3151,24275.846.24$183,325
Aug 2007040869.066.39$2,606
Jul 20072,36839170.906.39$170,389
Jun 20072,33141962.007.55$147,685
May 20072,60649158.747.85$156,929
Apr 20072,21951459.617.81$136,286
Mar 20072,67350556.927.30$155,835
Feb 20072,26936855.108.22$128,045
Jan 20072,55139850.306.73$130,993
Dec 20062,57536856.656.92$148,420
Nov 20062,45837454.207.62$136,073
Oct 20062,61040354.906.01$145,713
Sep 20062,56238060.085.04$155,839
Aug 20062,37940168.717.34$166,404
Jul 20062,69840369.376.34$189,716
Jun 20062,64239066.286.38$177,601
May 20062,73039766.016.42$182,758
Apr 20062,30338164.397.36$151,095
Mar 20062,57643956.707.08$149,169
Feb 20062,57643257.597.75$151,700
Jan 20062,92051960.598.93$181,559
Dec 20052,75445554.9413.42$157,409
Nov 20052,95249954.6910.59$166,728
Oct 20052,88953558.3413.80$175,925
Sep 20052,56750361.4512.08$163,818
Aug 20052,94451361.519.80$186,111
Jul 20052,27547555.697.84$130,420
Jun 20052,82456652.337.38$151,958
May 20052,89756345.226.65$134,747
Apr 20053,03659049.207.36$153,714
Mar 20053,07555650.377.15$158,866
Feb 20053,05650845.226.31$141,399
Jan 20052,86453943.166.32$127,018
Dec 20042,68749639.866.75$110,452
Nov 20043,18055245.286.33$147,485
Oct 20043,24661349.706.52$165,320
Sep 20043,17956943.245.28$140,467
Aug 20042,78453842.375.55$120,944
Jul 20042,54051738.286.08$100,377
Jun 20042,70749736.106.43$100,920
May 20043,62657837.486.49$139,656
Apr 20042,66852034.475.86$95,012
Mar 20043,20751734.365.53$113,052
Feb 20042,93944232.455.51$97,806
Jan 20042,95748032.036.30$97,737
Dec 20032,65347430.266.30$83,267
Nov 20032,30944828.804.60$68,558
Oct 20032,34249628.174.76$68,335
Sep 20032,63349326.314.75$71,616
Aug 20032,69254229.765.13$82,894
Jul 20032,65453829.415.17$80,836
Jun 20032,30841228.565.98$68,381
May 20032,81133726.595.97$76,757
Apr 20032,36635426.675.41$65,015
Mar 20032,89547131.146.10$93,022
Feb 20032,48039133.487.93$86,129
Jan 20032,70441830.315.58$84,292
Dec 20022,29142526.914.85$63,714
Nov 20022,09936524.664.14$53,271
Oct 20021,61631826.464.23$44,104
Sep 20021,96036327.443.64$55,102
Aug 20022,00139725.963.16$53,202
Jul 20022,26241824.583.06$56,880
Jun 20021,96643123.733.34$48,092
May 20022,46242124.663.58$62,222
Apr 20021,91043823.653.51$46,710
Mar 20021,60039722.003.10$36,432
Feb 20021,42433518.222.38$26,741
Jan 20021,95132517.172.38$34,271
Dec 20012,15432016.932.36$37,224
Nov 20011,38633818.072.41$25,858
Oct 20011,80832419.782.53$36,582
Sep 20011,78029424.262.25$43,845
Aug 20011,42541524.873.05$36,707
Jul 20011,53440523.933.20$38,003
Jun 20011,23835124.563.82$31,748
May 20011,23539125.524.31$33,201
Apr 20011,25038124.685.34$32,883
Mar 20011,40237224.545.38$36,405
Feb 20011,08235327.755.77$32,061
Jan 20011,44235827.478.40$42,619
Dec 200072223426.889.12$21,542
Nov 20001,40327532.215.66$46,747
Oct 20001,063031.235.15$33,197
Sep 20001,25750431.875.19$42,675
Aug 20001,25554229.644.54$39,659
Jul 20001,61962628.534.09$48,750
Jun 20002,48480629.304.40$76,325
May 20001,44153427.263.68$41,247
Apr 20002,90280024.513.12$73,621
Mar 20001,45657628.422.86$43,027
Feb 20001,81758227.622.73$51,772
Jan 20002,39360625.272.48$61,974
Dec 19992,03656524.282.42$50,803
Nov 19991,81259423.192.43$43,466
Oct 19992,20871820.982.80$48,337
Sep 19992,19977921.752.62$49,868
Aug 19992,23069419.262.88$44,945
Jul 19992,3531,08917.892.37$44,679
Jun 19992,5671,02715.942.36$43,344
May 19992,5571,19115.792.32$43,139
Apr 19992,35198415.102.21$37,673
Mar 19992,7671,10712.471.84$36,540
Feb 19992,5761,0909.981.82$27,690
Jan 19992,7751,17510.381.90$31,037
Dec 19982,7351,1649.201.77$27,226
Nov 19982,9151,30510.892.19$34,597
Oct 19982,9341,37612.421.97$39,150
Sep 19983,2551,45712.592.08$44,015
Aug 19983,1001,57611.301.91$38,036
Jul 19983,4551,73411.742.24$44,441
Jun 19983,4431,74311.242.24$42,599
May 19983,6501,79412.622.21$50,021
Apr 19983,2511,86913.042.51$47,076
Mar 19983,6561,73012.802.31$50,792
Feb 19983,4781,71913.952.30$52,470
Jan 19984,4931,83414.702.15$69,999
Dec 19974,0832,04216.322.41$71,558
Nov 19974,6902,05818.193.09$91,667
Oct 19974,7682,15719.253.15$98,578
Sep 19975,2792,37317.742.95$100,661
Aug 19975,3332,43917.862.55$101,478
Jul 19975,9382,63917.582.25$110,320
Jun 19975,9882,54317.242.26$108,973
May 19976,5302,50618.972.31$129,659
Apr 19976,7783,26017.882.08$127,981
Mar 19977,93815518.951.94$150,726
Feb 19974,87060720.492.21$101,125
Jan 19974,10045523.483.54$97,879
Dec 19964,10345523.32$95,682
Nov 19963,86945521.97$85,002
Oct 19964,27945023.31$99,743
Sep 19964,03545022.22$89,658
Aug 19964,16544520.26$84,383
Jul 19964,22745019.55$82,638
Jun 19964,38845018.73$82,187
May 19963,83546519.43$74,514
Apr 19963,89946521.51$83,867
Mar 19963,01946519.38$58,508
Feb 19962,97742016.98$50,549
Jan 19963,73546517.07$63,756
Dec 19954,01746517.19$69,052
Nov 19952,53945016.00$40,624
Oct 19952,55646515.43$39,439
Sep 19952,33343516.18$37,748
Aug 19952,68846515.92$42,793
Jul 19951,77946515.24$27,112
Jun 1995024016.41$0

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.

Feb 2014 — as filed, then multipliedworked
Oil                  172 bbl  × $ 97.40 =    $16,753
Casinghead gas         0 Mcf  × $  6.19 =         $0

────────────────────────────────────────────────────
Month total                                  $16,753

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/27610 is the state's own key, not one this site invented.