HOUSTON, B. H.

Operated by TAYLOR, BEN J. INC. (P-5 837361) in the CAL-TEX (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27851District 7BField 14669666OilCasinghead gasSaveExport
Value, all time
$184 k
May 1996 – Sep 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 16 leases and 21 wells, and the rule below applies to all of them.

Discovered
1955-07-03
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

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF 11/2011 - ELK.

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
OilDisposition6,186 bbl$165,336
Casinghead gasProduction4,160 Mcf$19,160
Total$184,496

230 Mcf of this lease's gas, across 8 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 (221)

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

221 months

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 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
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 20120079.822.52$0
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 2011156092.904.64$14,492
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 2010149074.365.96$11,080
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 2008570101.909.66$5,808
Feb 200837092.538.77$3,424
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200703091.677.29$219
Oct 200703082.856.92$208
Sep 200703075.846.24$187
Aug 20071333069.066.39$9,377
Jul 200703070.906.39$192
Jun 200703062.007.55$226
May 200703058.747.85$235
Apr 200703059.617.81$234
Mar 200703056.927.30$219
Feb 200703055.108.22$246
Jan 200703050.306.73$202
Dec 200603056.656.92$208
Nov 20061103054.207.62$6,191
Oct 200603054.906.01$180
Sep 200603060.085.04$151
Aug 200603068.717.34$220
Jul 200603069.376.34$190
Jun 200603066.286.38$192
May 200603066.016.42$193
Apr 200603064.397.36$221
Mar 200603056.707.08$212
Feb 200603057.597.75$233
Jan 200603060.598.93$268
Dec 200503054.9413.42$402
Nov 200503054.6910.59$318
Oct 200503058.3413.80$414
Sep 200503061.4512.08$362
Aug 200503061.519.80$294
Jul 200503055.697.84$235
Jun 200503052.337.38$221
May 200503045.226.65$200
Apr 200503049.207.36$221
Mar 200503050.377.15$215
Feb 200503045.226.31$189
Jan 200503043.166.32$190
Dec 2004763039.866.75$3,232
Nov 200403045.286.33$190
Oct 200403049.706.52$195
Sep 200403043.245.28$159
Aug 200403042.375.55$167
Jul 200403038.286.08$183
Jun 200423036.106.43$265
May 20041633037.486.49$6,304
Apr 200403034.475.86$176
Mar 200403034.365.53$166
Feb 200403032.455.51$165
Jan 200403032.036.30$189
Dec 200303030.266.30$189
Nov 200303028.804.60$138
Oct 200303028.174.76$143
Sep 200313026.314.75$169
Aug 20031323029.765.13$4,082
Jul 200303029.415.17$155
Jun 200303028.565.98$179
May 200303026.595.97$179
Apr 200303026.675.41$162
Mar 20031093031.146.10$3,577
Feb 200303033.487.93$238
Jan 200303030.315.58$167
Dec 200203026.914.85$146
Nov 200203024.664.14$124
Oct 20021343026.464.23$3,673
Sep 200203027.443.64$109
Aug 200203025.963.16$95
Jul 200203024.583.06$92
Jun 200203023.733.34$100
May 200203024.663.58$108
Apr 20021423023.653.51$3,464
Mar 200203022.003.10$93
Feb 200203018.222.38$71
Jan 200203017.172.38$71
Dec 200103016.932.36$71
Nov 200103018.072.41$72
Oct 20011103019.782.53$2,252
Sep 200103024.262.25$68
Aug 200103024.873.05$92
Jul 200103023.933.20$96
Jun 200103024.563.82$115
May 20011223025.524.31$3,243
Apr 200103024.685.34$160
Mar 200103024.545.38$161
Feb 200103027.755.77$173
Jan 20011333027.478.40$3,905
Dec 200003026.889.12$274
Nov 200003032.215.66$170
Oct 200003031.235.15$154
Sep 2000683031.875.19$2,323
Aug 200003029.644.54$136
Jul 200003028.534.09$123
Jun 20001143029.304.40$3,472
May 200003027.263.68$110
Apr 200003024.513.12$93
Mar 20001473028.422.86$4,264
Feb 200003027.622.73$82
Jan 20001033025.272.48$2,677
Dec 199903024.282.42$73
Nov 199903023.192.43$73
Oct 199903020.982.80$84
Sep 19991513021.752.62$3,363
Aug 199903019.262.88$86
Jul 199903017.892.37$71
Jun 19991383015.942.36$2,271
May 199903015.792.32$70
Apr 199903015.102.21$66
Mar 19991533012.471.84$1,963
Feb 19990309.981.82$55
Jan 19991623010.381.90$1,739
Dec 19980309.201.77$53
Nov 199803010.892.19$66
Oct 19981643012.421.97$2,096
Sep 19981283012.592.08$1,674
Aug 199803011.301.91$57
Jul 19981583011.742.24$1,922
Jun 199803011.242.24$67
May 199803012.622.21$66
Apr 19981623013.042.51$2,188
Mar 199813012.802.31$82
Feb 19981633013.952.30$2,343
Jan 199803014.702.15$65
Dec 19971793016.322.41$2,994
Nov 199703018.193.09$93
Oct 19971543019.253.15$3,059
Sep 199703017.742.95$89
Aug 19971523017.862.55$2,791
Jul 199703017.582.25$67
Jun 19971453017.242.26$2,568
May 199703018.972.31$69
Apr 19971433017.882.08$2,619
Mar 19971583018.951.94$3,052
Feb 199703020.492.21$66
Jan 19971803023.483.54$4,333
Dec 19961713023.32$3,988
Nov 199603021.97$0
Oct 19961773023.31$4,126
Sep 19961693022.22$3,755
Aug 19961623020.26$3,282
Jul 19961753019.55$3,421
Jun 19963263018.73$6,106
May 19963172019.43$6,159

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 2011 — as filed, then multipliedworked
Oil                  156 bbl  × $ 92.90 =    $14,492
Casinghead gas         0 Mcf  × $  4.64 =         $0

────────────────────────────────────────────────────
Month total                                  $14,492

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/27851 is the state's own key, not one this site invented.