HOWELL, G. L.

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) 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 5186District 7BField 48294001OilCasinghead gasSaveExport
Value, all time
$9.7 M
Jan 1993 – Apr 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
280
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 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
OilDisposition344,013 bbl$9,738,541
Casinghead gasProduction12,029 Mcf$7,940
Total$9,746,482

8,601 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 (280)

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

280 months

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 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 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 2009225074.593.75$16,783
Oct 2009656072.544.11$47,586
Sep 2009513065.543.06$33,622
Aug 2009638067.423.22$43,014
Jul 2009667061.133.46$40,774
Jun 2009665066.163.90$43,996
May 2009780054.743.93$42,697
Apr 2009484046.773.59$22,637
Mar 2009700042.144.06$29,498
Feb 2009577032.814.63$18,931
Jan 2009713035.865.37$25,568
Dec 2008644037.105.98$23,892
Nov 2008828055.496.86$45,946
Oct 2008671075.246.92$50,486
Sep 20088390101.767.88$85,377
Aug 20086570114.228.48$75,043
Jul 20084010131.0811.39$52,563
Jun 20087730131.3313.03$101,518
May 20089790123.1711.57$120,583
Apr 20084870110.3110.45$53,721
Mar 20089130101.909.66$93,035
Feb 2008759092.538.77$70,230
Jan 2008928090.388.21$83,873
Dec 2007942088.337.30$83,207
Nov 2007770091.677.29$70,586
Oct 2007692082.856.92$57,332
Sep 2007840075.846.24$63,706
Aug 2007775069.066.39$53,522
Jul 2007895070.906.39$63,456
Jun 2007918062.007.55$56,916
May 2007775058.747.85$45,524
Apr 20071,055059.617.81$62,889
Mar 2007759056.927.30$43,202
Feb 2007928055.108.22$51,133
Jan 2007454050.306.73$22,836
Dec 20061,060056.656.92$60,049
Nov 2006871054.207.62$47,208
Oct 2006926054.906.01$50,837
Sep 2006884060.085.04$53,111
Aug 20061,027068.717.34$70,565
Jul 20061,212069.376.34$84,076
Jun 20061,118066.286.38$74,101
May 20061,139066.016.42$75,185
Apr 20061,200064.397.36$77,268
Mar 20061,163056.707.08$65,942
Feb 20061,041057.597.75$59,951
Jan 20061,189060.598.93$72,042
Dec 20051,260054.9413.42$69,224
Nov 20051,266054.6910.59$69,238
Oct 20051,263058.3413.80$73,683
Sep 20051,536061.4512.08$94,387
Aug 20051,088061.519.80$66,923
Jul 20051,069055.697.84$59,533
Jun 20051,418052.337.38$74,204
May 20051,420045.226.65$64,212
Apr 20051,315049.207.36$64,698
Mar 20051,478050.377.15$74,447
Feb 20051,601045.226.31$72,397
Jan 20051,656043.166.32$71,473
Dec 20041,796039.866.75$71,589
Nov 20040045.286.33$0
Oct 20042,004049.706.52$99,599
Sep 20041,987043.245.28$85,918
Aug 20041,949042.375.55$82,579
Jul 20042,282038.286.08$87,355
Jun 20042,300036.106.43$83,030
May 20042,249037.486.49$84,293
Apr 20042,277034.475.86$78,488
Mar 20041,939034.365.53$66,624
Feb 20041,779032.455.51$57,729
Jan 20041,950032.036.30$62,459
Dec 20031,879030.266.30$56,859
Nov 20031,910028.804.60$55,008
Oct 20031,952028.174.76$54,988
Sep 20031,888026.314.75$49,673
Aug 20031,888029.765.13$56,187
Jul 20031,946029.415.17$57,232
Jun 20031,818028.565.98$51,922
May 20031,964026.595.97$52,223
Apr 20032,277026.675.41$60,728
Mar 20032,725031.146.10$84,857
Feb 20032,804033.487.93$93,878
Jan 20033,010030.315.58$91,233
Dec 20023,085026.914.85$83,017
Nov 20022,903024.664.14$71,588
Oct 20022,572026.464.23$68,055
Sep 20021,406027.443.64$38,581
Aug 20021,534025.963.16$39,823
Jul 20021,689024.583.06$41,516
Jun 20021,687023.733.34$40,033
May 20021,905024.663.58$46,977
Apr 20021,732023.653.51$40,962
Mar 20021,604022.003.10$35,288
Feb 20021,647018.222.38$30,008
Jan 20021,985017.172.38$34,082
Dec 20012,158016.932.36$36,535
Nov 20012,144018.072.41$38,742
Oct 20011,878019.782.53$37,147
Sep 20011,915024.262.25$46,458
Aug 20011,577024.873.05$39,220
Jul 20011,479023.933.20$35,392
Jun 20011,594024.563.82$39,149
May 20012,715025.524.31$69,287
Apr 20011,758024.685.34$43,387
Mar 20011,694024.545.38$41,571
Feb 2001800027.755.77$22,200
Jan 20012,410027.478.40$66,203
Dec 20001,994026.889.12$53,599
Nov 20002,275032.215.66$73,278
Oct 20002,535031.235.15$79,168
Sep 20002,366031.875.19$75,404
Aug 20002,6891929.644.54$79,788
Jul 20002,4902328.534.09$71,134
Jun 20002,4281129.304.40$71,189
May 20002,6211627.263.68$71,507
Apr 20002,425424.513.12$59,449
Mar 20002,060428.422.86$58,557
Feb 20001,979227.622.73$54,665
Jan 20002,995025.272.48$75,684
Dec 19993,285024.282.42$79,760
Nov 19993,445023.192.43$79,890
Oct 19993,741020.982.80$78,486
Sep 19993,786021.752.62$82,346
Aug 19993,9348219.262.88$76,005
Jul 19994,03621517.892.37$72,714
Jun 19993,93023715.942.36$63,204
May 19994,62924915.792.32$73,670
Apr 19994,57221715.102.21$69,516
Mar 19995,06426712.471.84$63,639
Feb 19994,4581099.981.82$44,689
Jan 19994,7107810.381.90$49,038
Dec 19985,587749.201.77$51,532
Nov 19983,3184410.892.19$36,229
Oct 19981,8839012.421.97$23,564
Sep 19981,5469812.592.08$19,668
Aug 19981,61715711.301.91$18,572
Jul 19981,45814811.742.24$17,448
Jun 19988009011.242.24$9,193
May 199881210012.622.21$10,468
Apr 19987639113.042.51$10,178
Mar 19989055812.802.31$11,718
Feb 19987906013.952.30$11,158
Jan 19988255914.702.15$12,255
Dec 19979666416.322.41$15,919
Nov 19979768418.193.09$18,013
Oct 19971,0859919.253.15$21,198
Sep 19978069717.742.95$14,585
Aug 199791510717.862.55$16,615
Jul 19979089617.582.25$16,178
Jun 19978919617.242.26$15,578
May 19971,04711418.972.31$20,125
Apr 19971,0392517.882.08$18,629
Mar 19979462118.951.94$17,967
Feb 19978581520.492.21$17,614
Jan 19971,036823.483.54$24,354
Dec 1996918823.32$21,408
Nov 19969435921.97$20,718
Oct 19961,07110823.31$24,965
Sep 1996902622.22$20,042
Aug 19961,0266720.26$20,787
Jul 199693013919.55$18,182
Jun 199689615118.73$16,782
May 19968001119.43$15,544
Apr 19969969121.51$21,424
Mar 1996864619.38$16,744
Feb 199685010216.98$14,433
Jan 19961,33312417.07$22,754
Dec 19951,40620017.19$24,169
Nov 19951,35121216.00$21,616
Oct 19951,42824815.43$22,034
Sep 19951,42223416.18$23,008
Aug 19951,39124115.92$22,145
Jul 19951,49813415.24$22,830
Jun 19951,364116.41$22,383
May 19951,588117.56$27,885
Apr 19951,4084017.73$24,964
Mar 19951,66313816.44$27,340
Feb 19951,52218716.58$25,235
Jan 19951,71516115.92$27,303
Dec 19941,80314715.03$27,099
Nov 19941,88315815.90$29,940
Oct 19941,96324515.58$30,584
Sep 19941,97616915.29$30,213
Aug 19942,14825616.13$34,647
Jul 19942,25827017.56$39,650
Jun 19942,11622217.09$36,162
May 19942,35423015.88$37,382
Apr 19942,24727414.14$31,773
Mar 19942,22919212.46$27,773
Feb 19942,28519012.50$28,563
Jan 19942,46414912.66$31,194
Dec 19932,52818012.33$31,170
Nov 19932,5445114.49$36,863
Oct 19932,72728915.85$43,223
Sep 19932,5509915.03$38,327
Aug 19932,5389515.66$39,745
Jul 19932,52910115.46$39,098
Jun 19932,61839616.79$43,956
May 19932,17146317.68$38,383
Apr 19932,18643918.05$39,457
Mar 19932,49753118.14$45,296
Feb 19932,38743617.90$42,727
Jan 19932,55935016.93$43,324

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                  225 bbl  × $ 74.59 =    $16,783
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $16,783

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/5186 is the state's own key, not one this site invented.