PEGASUS ELLENBURGER UNIT
Operated by MOBIL PRODUCING TX. & N.M. INC. (P-5 572550) in the PEGASUS (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Condensate | Disposition | 2,952 bbl | $71,325 |
| Gas | Production | 63,107 Mcf | $250,571 |
| Total | $321,896 | ||
Every month this lease reported (7)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
7 months
| Nov 2001 | 0 | 0 | 18.07 | 2.41 | $0 |
| Oct 2001 | 0 | 0 | 19.78 | 2.53 | $0 |
| Sep 2001 | 0 | 0 | 24.26 | 2.25 | $0 |
| Aug 2001 | 34 | 0 | 24.87 | 3.05 | $846 |
| Jul 2001 | 2,178 | 12,937 | 23.93 | 3.20 | $93,480 |
| Jun 2001 | 547 | 14,256 | 24.56 | 3.82 | $67,952 |
| May 2001 | 193 | 35,914 | 25.52 | 4.31 | $159,618 |
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.
Condensate 34 bbl × $ 24.87 = $846 Gas 0 Mcf × $ 3.05 = $0 ──────────────────────────────────────────────────── Month total $846
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/183921 is the state's own key, not one this site invented.