ESTES, KAY

Operated by HENRY PETROLEUM LLC (P-5 378641) in the M. M. W. (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127243District 7CField 56267250GasSaveExport
Value, all time
$2.0 M
Jan 1993 – Sep 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
321
no gaps in the span
Streams
1
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 30 leases and 30 wells, and the rule below applies to all of them.

Discovered
1986-05-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1986-05-01.

The Commission's schedule remark for this field reads: OPERATOR REQUEST

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
GasProduction911,638 Mcf$1,983,661
Total$1,983,661

430,994 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 (321)

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

321 months

Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 201651046.193.09$1,576
Sep 201629341.553.10$908
Aug 201630641.442.92$895
Jul 201637241.622.92$1,088
Jun 201630445.352.69$816
May 201634942.521.99$695
Apr 201641836.561.99$832
Mar 201638733.011.79$694
Feb 201635226.472.06$726
Jan 201644227.352.36$1,045
Dec 201542032.362.00$841
Nov 201547138.792.17$1,021
Oct 201550843.552.43$1,233
Sep 201544842.992.76$1,236
Aug 201545240.162.87$1,298
Jul 201549248.152.95$1,449
Jun 201550556.152.88$1,456
May 201550955.212.96$1,504
Apr 201546149.822.71$1,248
Mar 201547242.892.93$1,385
Feb 201541944.662.98$1,247
Jan 201537643.433.10$1,166
Dec 201447054.693.59$1,688
Nov 201444270.464.25$1,879
Oct 201446778.303.90$1,822
Sep 201441486.164.05$1,675
Aug 201449389.394.04$1,989
Jul 201453796.564.18$2,244
Jun 201446898.164.74$2,217
May 201445394.734.73$2,141
Apr 201446495.944.81$2,231
Mar 201439595.895.06$1,997
Feb 201436297.406.19$2,242
Jan 201438390.404.86$1,862
Dec 201335591.824.35$1,546
Nov 201331988.853.74$1,193
Oct 201345097.423.78$1,701
Sep 2013506104.113.72$1,881
Aug 2013464104.253.52$1,634
Jul 2013514102.523.72$1,911
Jun 201352094.403.93$2,045
May 201368594.834.15$2,842
Apr 201338393.964.28$1,640
Mar 201356693.623.91$2,215
Feb 201342391.233.42$1,447
Jan 201326691.603.42$910
Dec 201237186.773.42$1,269
Nov 201282186.953.62$2,976
Oct 201271589.383.40$2,431
Sep 201231994.672.92$931
Aug 201275492.662.91$2,193
Jul 201282585.133.02$2,492
Jun 201288079.822.52$2,217
May 201284891.612.49$2,110
Apr 2012483101.652.00$964
Mar 201214105.052.22$31
Feb 2012162101.102.57$416
Jan 201269298.092.73$1,892
Dec 201162596.873.24$2,025
Nov 201153395.723.31$1,765
Oct 201156084.983.65$2,043
Sep 201140683.623.99$1,618
Aug 201155383.404.15$2,295
Jul 201187894.144.52$3,966
Jun 20111,14492.904.64$5,308
May 20111,18198.134.40$5,202
Apr 20111,107105.964.33$4,797
Mar 201189596.364.06$3,631
Feb 20111,00885.644.18$4,213
Jan 20111,07686.504.59$4,938
Dec 201065285.734.35$2,835
Nov 20101,11780.843.80$4,239
Oct 20101,16078.103.51$4,070
Sep 20101,32472.633.98$5,269
Aug 20101,26073.684.42$5,568
Jul 201081772.554.74$3,870
Jun 20101,11070.364.91$5,451
May 201084171.124.24$3,562
Apr 20101,13681.694.12$4,683
Mar 20101,09378.394.39$4,797
Feb 201093873.585.44$5,105
Jan 201079474.365.96$4,735
Dec 200984971.445.48$4,656
Nov 20091,12374.593.75$4,213
Oct 20091,24972.544.11$5,134
Sep 20091,20365.543.06$3,687
Aug 200997867.423.22$3,148
Jul 20091,38461.133.46$4,795
Jun 20091,36066.163.90$5,297
May 20091,23154.743.93$4,833
Apr 20091,09646.773.59$3,932
Mar 200989242.144.06$3,621
Feb 20091,12232.814.63$5,198
Jan 20091,22135.865.37$6,558
Dec 200888837.105.98$5,308
Nov 20081,20555.496.86$8,267
Oct 20081,39175.246.92$9,628
Sep 20081,298101.767.88$10,224
Aug 20081,037114.228.48$8,797
Jul 20081,585131.0811.39$18,052
Jun 20081,501131.3313.03$19,562
May 20081,282123.1711.57$14,838
Apr 20081,639110.3110.45$17,136
Mar 2008523101.909.66$5,054
Feb 200881392.538.77$7,130
Jan 20081,04490.388.21$8,567
Dec 20071,09188.337.30$7,966
Nov 20071,09391.677.29$7,970
Oct 20071,00782.856.92$6,970
Sep 20071,22075.846.24$7,618
Aug 20071,32169.066.39$8,438
Jul 20071,35270.906.39$8,636
Jun 20071,50262.007.55$11,338
May 20071,44258.747.85$11,314
Apr 20071,52759.617.81$11,919
Mar 20071,37656.927.30$10,048
Feb 20071,14855.108.22$9,432
Jan 20071,26050.306.73$8,476
Dec 20061,39856.656.92$9,672
Nov 20061,40754.207.62$10,718
Oct 200680654.906.01$4,847
Sep 20061,14260.085.04$5,752
Aug 20061,42368.717.34$10,445
Jul 20061,63069.376.34$10,339
Jun 20061,57466.286.38$10,048
May 20061,62066.016.42$10,409
Apr 20061,50464.397.36$11,070
Mar 20061,46656.707.08$10,384
Feb 20061,25257.597.75$9,704
Jan 20061,31760.598.93$11,765
Dec 20051,43354.9413.42$19,224
Nov 20051,14154.6910.59$12,081
Oct 20051,33358.3413.80$18,390
Sep 20051,16361.4512.08$14,048
Aug 20051,44461.519.80$14,147
Jul 20051,18855.697.84$9,318
Jun 20051,96352.337.38$14,489
May 2005045.226.65$0
Apr 20052,00249.207.36$14,736
Mar 20051,72450.377.15$12,335
Feb 20051,68845.226.31$10,655
Jan 20051,93843.166.32$12,252
Dec 20041,91539.866.75$12,928
Nov 20041,85045.286.33$11,711
Oct 20041,98249.706.52$12,913
Sep 20041,50143.245.28$7,931
Aug 20042,13542.375.55$11,851
Jul 20042,16138.286.08$13,148
Jun 20041,96236.106.43$12,622
May 20042,09837.486.49$13,626
Apr 20042,06034.475.86$12,068
Mar 20042,21734.365.53$12,260
Feb 20042,00132.455.51$11,025
Jan 20042,12632.036.30$13,393
Dec 20032,39030.266.30$15,061
Nov 20032,15628.804.60$9,907
Oct 20032,22728.174.76$10,600
Sep 20032,13826.314.75$10,154
Aug 20032,53929.765.13$13,024
Jul 20032,57629.415.17$13,320
Jun 20032,63628.565.98$15,771
May 20032,79326.595.97$16,682
Apr 20032,42626.675.41$13,118
Mar 20032,38531.146.10$14,539
Feb 20032,15433.487.93$17,072
Jan 20032,28430.315.58$12,749
Dec 20021,24326.914.85$6,033
Nov 20021,11524.664.14$4,613
Oct 20021,59626.464.23$6,750
Sep 20022,84427.443.64$10,339
Aug 20023,22825.963.16$10,214
Jul 20023,44124.583.06$10,536
Jun 20023,15023.733.34$10,515
May 20023,31624.663.58$11,885
Apr 20022,56723.653.51$9,016
Mar 20023,14922.003.10$9,770
Feb 20022,71818.222.38$6,457
Jan 20023,01817.172.38$7,170
Dec 20013,01516.932.36$7,129
Nov 20013,05318.072.41$7,344
Oct 20013,83419.782.53$9,696
Sep 20011,34224.262.25$3,021
Aug 20013,15724.873.05$9,639
Jul 20013,69423.933.20$11,810
Jun 20014,34224.563.82$16,605
May 20013,73825.524.31$16,101
Apr 20013,51824.685.34$18,770
Mar 20013,84824.545.38$20,689
Feb 20013,91327.755.77$22,567
Jan 20013,87927.478.40$32,579
Dec 20004,08526.889.12$37,265
Nov 20004,05132.215.66$22,921
Oct 20004,36631.235.15$22,465
Sep 20004,06831.875.19$21,099
Aug 20004,44929.644.54$20,202
Jul 20004,58028.534.09$18,731
Jun 20004,47229.304.40$19,665
May 20004,67227.263.68$17,192
Apr 20004,86824.513.12$15,169
Mar 20005,14128.422.86$14,702
Feb 20004,58027.622.73$12,487
Jan 20004,88625.272.48$12,120
Dec 19994,77624.282.42$11,576
Nov 19995,03823.192.43$12,262
Oct 19995,23420.982.80$14,675
Sep 19994,78221.752.62$12,523
Aug 19994,26019.262.88$12,250
Jul 19994,41117.892.37$10,465
Jun 19993,66615.942.36$8,659
May 19995,03315.792.32$11,682
Apr 19994,67215.102.21$10,316
Mar 19995,41212.471.84$9,949
Feb 19994,1879.981.82$7,611
Jan 19994,75910.381.90$9,042
Dec 19983,4899.201.77$6,187
Nov 19983,97710.892.19$8,693
Oct 19984,96412.421.97$9,775
Sep 19985,03912.592.08$10,494
Aug 19985,02811.301.91$9,590
Jul 19985,77211.742.24$12,914
Jun 19985,98011.242.24$13,379
May 19985,59712.622.21$12,349
Apr 19984,60113.042.51$11,527
Mar 19984,55012.802.31$10,508
Feb 19984,39013.952.30$10,093
Jan 19984,85814.702.15$10,468
Dec 19974,90816.322.41$11,834
Nov 19975,26018.193.09$16,244
Oct 19975,09819.253.15$16,058
Sep 19974,57417.742.95$13,516
Aug 19974,37817.862.55$11,185
Jul 19974,44917.582.25$9,997
Jun 19974,35917.242.26$9,839
May 19975,22118.972.31$12,053
Apr 19975,11217.882.08$10,647
Mar 19975,47718.951.94$10,621
Feb 19975,50420.492.21$12,141
Jan 19976,21523.483.54$21,999
Dec 19965,92623.32$0
Nov 19965,81621.97$0
Oct 19966,47823.31$0
Sep 19966,37222.22$0
Aug 19966,84720.26$0
Jul 19966,98219.55$0
Jun 19966,82918.73$0
May 19967,14519.43$0
Apr 19967,44321.51$0
Mar 19967,53119.38$0
Feb 19965,81116.98$0
Jan 19968,47517.07$0
Dec 19957,34417.19$0
Nov 19957,82516.00$0
Oct 19958,65815.43$0
Sep 19958,47716.18$0
Aug 19958,68815.92$0
Jul 19958,66115.24$0
Jun 19959,05816.41$0
May 19958,79117.56$0
Apr 19958,84417.73$0
Mar 19959,22616.44$0
Feb 19958,71616.58$0
Jan 19958,87815.92$0
Dec 19949,63215.03$0
Nov 19948,70015.90$0
Oct 19949,89815.58$0
Sep 19949,61215.29$0
Aug 19948,73516.13$0
Jul 19949,60917.56$0
Jun 19949,97517.09$0
May 199410,47915.88$0
Apr 199410,69614.14$0
Mar 199411,12912.46$0
Feb 199410,53512.50$0
Jan 199411,61412.66$0
Dec 199310,62112.33$0
Nov 199310,13214.49$0
Oct 199310,08215.85$0
Sep 19939,77115.03$0
Aug 19939,88215.66$0
Jul 199310,90415.46$0
Jun 199310,55616.79$0
May 19939,89317.68$0
Apr 199310,11218.05$0
Mar 199311,19018.14$0
Feb 199310,36117.90$0
Jan 199312,05516.93$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.

Oct 2016 — as filed, then multipliedworked
Gas                  510 Mcf  × $  3.09 =     $1,576

────────────────────────────────────────────────────
Month total                                   $1,576

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. 7C/G/127243 is the state's own key, not one this site invented.