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 184168District 7CField 56267250GasSaveExport
Value, all time
$1.3 M
Jul 2001 – Sep 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
219
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
GasProduction303,765 Mcf$1,338,633
Total$1,338,633

Every month this lease reported (219)

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

219 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 2016046.193.09$0
Sep 20161441.553.10$43
Aug 20161041.442.92$29
Jul 20166841.622.92$199
Jun 201654345.352.69$1,458
May 201641642.521.99$828
Apr 201638336.561.99$763
Mar 201640733.011.79$730
Feb 201635126.472.06$724
Jan 201637427.352.36$884
Dec 201539232.362.00$785
Nov 201537438.792.17$811
Oct 201541443.552.43$1,005
Sep 201538542.992.76$1,062
Aug 201538440.162.87$1,103
Jul 201539048.152.95$1,149
Jun 201540956.152.88$1,179
May 201541555.212.96$1,227
Apr 201544349.822.71$1,199
Mar 201544142.892.93$1,294
Feb 201540444.662.98$1,202
Jan 201536243.433.10$1,122
Dec 201447254.693.59$1,695
Nov 201451770.464.25$2,198
Oct 201447678.303.90$1,857
Sep 201444286.164.05$1,788
Aug 201445089.394.04$1,816
Jul 201453496.564.18$2,232
Jun 201445298.164.74$2,141
May 201457094.734.73$2,694
Apr 201446795.944.81$2,246
Mar 201439195.895.06$1,977
Feb 201431297.406.19$1,932
Jan 201445390.404.86$2,202
Dec 201351391.824.35$2,234
Nov 201335588.853.74$1,327
Oct 201349397.423.78$1,863
Sep 2013506104.113.72$1,881
Aug 2013489104.253.52$1,723
Jul 2013453102.523.72$1,684
Jun 201353594.403.93$2,104
May 201358594.834.15$2,427
Apr 201312693.964.28$540
Mar 201348493.623.91$1,894
Feb 201353891.233.42$1,840
Jan 201374591.603.42$2,548
Dec 201265586.773.42$2,240
Nov 201278586.953.62$2,846
Oct 201276089.383.40$2,584
Sep 201230394.672.92$884
Aug 201263592.662.91$1,847
Jul 201286185.133.02$2,601
Jun 201296979.822.52$2,441
May 201298491.612.49$2,449
Apr 2012561101.652.00$1,120
Mar 201212105.052.22$27
Feb 2012134101.102.57$344
Jan 201270298.092.73$1,919
Dec 201170196.873.24$2,271
Nov 201168495.723.31$2,265
Oct 201167884.983.65$2,474
Sep 201147383.623.99$1,885
Aug 201172283.404.15$2,996
Jul 201177294.144.52$3,487
Jun 201174792.904.64$3,466
May 201182198.134.40$3,616
Apr 2011867105.964.33$3,757
Mar 201163896.364.06$2,589
Feb 201168785.644.18$2,872
Jan 201170286.504.59$3,221
Dec 201042785.734.35$1,856
Nov 201081080.843.80$3,074
Oct 201087678.103.51$3,074
Sep 20101,01672.633.98$4,043
Aug 201024973.684.42$1,100
Jul 201067972.554.74$3,216
Jun 201097170.364.91$4,768
May 201080571.124.24$3,409
Apr 201098781.694.12$4,069
Mar 201091778.394.39$4,024
Feb 201086773.585.44$4,719
Jan 201072374.365.96$4,312
Dec 200978471.445.48$4,299
Nov 200981874.593.75$3,069
Oct 200988372.544.11$3,629
Sep 200993065.543.06$2,850
Aug 200979667.423.22$2,562
Jul 200992161.133.46$3,191
Jun 200994266.163.90$3,669
May 200990954.743.93$3,569
Apr 200993946.773.59$3,369
Mar 200977742.144.06$3,154
Feb 200989432.814.63$4,142
Jan 20091,04035.865.37$5,586
Dec 200873137.105.98$4,369
Nov 200888155.496.86$6,044
Oct 200885375.246.92$5,904
Sep 2008779101.767.88$6,136
Aug 2008575114.228.48$4,878
Jul 2008923131.0811.39$10,512
Jun 2008925131.3313.03$12,055
May 2008789123.1711.57$9,132
Apr 2008920110.3110.45$9,618
Mar 2008392101.909.66$3,788
Feb 200863692.538.77$5,578
Jan 200889790.388.21$7,361
Dec 200752888.337.30$3,855
Nov 200777191.677.29$5,622
Oct 200774382.856.92$5,143
Sep 200793475.846.24$5,832
Aug 20071,00969.066.39$6,445
Jul 20071,13670.906.39$7,257
Jun 20071,12962.007.55$8,522
May 200791758.747.85$7,195
Apr 20071,12659.617.81$8,789
Mar 200785756.927.30$6,258
Feb 200781455.108.22$6,688
Jan 200766550.306.73$4,473
Dec 200681756.656.92$5,652
Nov 200696554.207.62$7,351
Oct 20061,17254.906.01$7,048
Sep 20061,12960.085.04$5,687
Aug 20061,20168.717.34$8,815
Jul 20061,25469.376.34$7,954
Jun 20061,21966.286.38$7,782
May 20061,21866.016.42$7,826
Apr 20061,05264.397.36$7,743
Mar 20061,03156.707.08$7,302
Feb 200691257.597.75$7,069
Jan 20061,12260.598.93$10,023
Dec 20051,19954.9413.42$16,085
Nov 20051,01354.6910.59$10,726
Oct 20051,38158.3413.80$19,052
Sep 20051,42861.4512.08$17,249
Aug 20051,55561.519.80$15,234
Jul 20051,65155.697.84$12,950
Jun 20051,59452.337.38$11,765
May 2005045.226.65$0
Apr 20051,68449.207.36$12,395
Mar 20051,79250.377.15$12,822
Feb 20051,58645.226.31$10,011
Jan 20051,55243.166.32$9,812
Dec 20041,73139.866.75$11,686
Nov 20041,59545.286.33$10,097
Oct 20041,96649.706.52$12,809
Sep 20041,82443.245.28$9,638
Aug 20042,04442.375.55$11,346
Jul 20042,16638.286.08$13,178
Jun 20042,13036.106.43$13,702
May 20042,26137.486.49$14,684
Apr 20042,19334.475.86$12,848
Mar 20042,39234.365.53$13,228
Feb 20042,04132.455.51$11,245
Jan 20042,34732.036.30$14,785
Dec 20032,51230.266.30$15,830
Nov 20032,37828.804.60$10,927
Oct 20032,58628.174.76$12,308
Sep 20032,59726.314.75$12,334
Aug 20032,78129.765.13$14,266
Jul 20032,94429.415.17$15,223
Jun 20032,94128.565.98$17,596
May 20033,11626.595.97$18,611
Apr 20032,77826.675.41$15,021
Mar 20032,95931.146.10$18,038
Feb 20031,54033.487.93$12,206
Jan 20032,05130.315.58$11,449
Dec 20022,05826.914.85$9,989
Nov 20022,09224.664.14$8,655
Oct 20022,73626.464.23$11,571
Sep 20024,21227.443.64$15,311
Aug 20024,57125.963.16$14,463
Jul 20024,86824.583.06$14,905
Jun 20025,00623.733.34$16,711
May 20026,39324.663.58$22,913
Apr 20027,55923.653.51$26,550
Mar 20029,27622.003.10$28,781
Feb 20028,74618.222.38$20,778
Jan 200213,62817.172.38$32,376
Dec 200117,77816.932.36$42,034
Nov 200113,19618.072.41$31,743
Oct 20014,63219.782.53$11,714
Sep 200116,59824.262.25$37,367
Aug 200116,27024.873.05$49,675
Jul 20014,26623.933.20$13,639

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.

Sep 2016 — as filed, then multipliedworked
Gas                   14 Mcf  × $  3.10 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/184168 is the state's own key, not one this site invented.