RICHARDSON NORTH

Operated by APACHE CORPORATION (P-5 27200) in the KATZ field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29219District 7BField 48294001OilSaveExport
Value, all time
$8.6 M
Mar 2003 – Feb 2010
Value, last 12 filed months
$824 k
at the published price for each month
Months reported
84
no gaps in the span
Streams
1
oil

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 44 leases and 269 wells, and the rule below applies to all of them.

Discovered
1951-01-21
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
OilDisposition166,524 bbl$8,567,840
Total$8,567,840

Every month this lease reported (84)

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

84 months

Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 200940174.593.75$29,911
Oct 20091,82672.544.11$132,458
Sep 20091,43565.543.06$94,050
Aug 20091,61767.423.22$109,018
Jul 20091,80161.133.46$110,095
Jun 20091,61566.163.90$106,848
May 20091,77654.743.93$97,218
Apr 20091,46446.773.59$68,471
Mar 20091,81042.144.06$76,273
Feb 20091,58732.814.63$52,069
Jan 20091,79035.865.37$64,189
Dec 20081,59537.105.98$59,175
Nov 20081,61355.496.86$89,505
Oct 20081,76575.246.92$132,799
Sep 20081,625101.767.88$165,360
Aug 20081,442114.228.48$164,705
Jul 20081,802131.0811.39$236,206
Jun 20081,615131.3313.03$212,098
May 20081,620123.1711.57$199,535
Apr 20081,408110.3110.45$155,316
Mar 20081,796101.909.66$183,012
Feb 20081,61492.538.77$149,343
Jan 20081,58490.388.21$143,162
Dec 20071,57088.337.30$138,678
Nov 20071,43791.677.29$131,730
Oct 20071,61182.856.92$133,471
Sep 20071,07275.846.24$81,300
Aug 20071,42269.066.39$98,203
Jul 20071,42370.906.39$100,891
Jun 20071,24762.007.55$77,314
May 20071,81258.747.85$106,437
Apr 20071,22059.617.81$72,724
Mar 20071,43756.927.30$81,794
Feb 20071,45455.108.22$80,115
Jan 20071,41250.306.73$71,024
Dec 20061,80056.656.92$101,970
Nov 20061,44454.207.62$78,265
Oct 20061,39654.906.01$76,640
Sep 20061,43560.085.04$86,215
Aug 20061,62068.717.34$111,310
Jul 20061,60569.376.34$111,339
Jun 20061,41466.286.38$93,720
May 20061,44066.016.42$95,054
Apr 20061,44464.397.36$92,979
Mar 20061,42956.707.08$81,024
Feb 20061,25757.597.75$72,391
Jan 20061,47260.598.93$89,188
Dec 20051,48354.9413.42$81,476
Nov 20051,43654.6910.59$78,535
Oct 20051,43858.3413.80$83,893
Sep 20051,24561.4512.08$76,505
Aug 20051,59861.519.80$98,293
Jul 20051,38955.697.84$77,353
Jun 20051,58952.337.38$83,152
May 20051,22445.226.65$55,349
Apr 20051,58849.207.36$78,130
Mar 20051,76350.377.15$88,802
Feb 20051,61145.226.31$72,849
Jan 20051,76543.166.32$76,177
Dec 20041,74539.866.75$69,556
Nov 20042,14945.286.33$97,307
Oct 20041,90449.706.52$94,629
Sep 20042,47143.245.28$106,846
Aug 20042,12742.375.55$90,121
Jul 20042,98438.286.08$114,228
Jun 20043,32336.106.43$119,960
May 20043,72837.486.49$139,725
Apr 20043,72834.475.86$128,504
Mar 20044,19834.365.53$144,243
Feb 20044,08932.455.51$132,688
Jan 20044,23332.036.30$135,583
Dec 20034,41030.266.30$133,447
Nov 20033,98128.804.60$114,653
Oct 20033,86828.174.76$108,962
Sep 20033,44726.314.75$90,691
Aug 20033,87229.765.13$115,231
Jul 20033,62529.415.17$106,611
Jun 20033,81028.565.98$108,814
May 20034,47426.595.97$118,964
Apr 20034,62326.675.41$123,295
Mar 20034,13231.146.10$128,670

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.

Nov 2009 — as filed, then multipliedworked
Oil                  401 bbl  × $ 74.59 =    $29,911

────────────────────────────────────────────────────
Month total                                  $29,911

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/29219 is the state's own key, not one this site invented.