ELLWOOD "A"

Operated by NADEL AND GUSSMAN PERMIAN,L.L.C. (P-5 598940) in the JAMESON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10962District 7CField 45580001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$368 k
Jan 1993 – Apr 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
148
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 30 leases and 271 wells, and the rule below applies to all of them.

Discovered
1946-12-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1957-07-23.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PER DOCKET #7C-0206833 1/10/95

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
OilDisposition22,176 bbl$367,888
Casinghead gasProduction205 Mcf$0
Total$367,888

205 Mcf of this lease's gas, across 17 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 (148)

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

148 months

Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200224025.963.16$623
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999152021.752.62$3,306
Aug 19990019.262.88$0
Jul 1999368017.892.37$6,584
Jun 19990015.942.36$0
May 1999183015.792.32$2,890
Apr 1999372015.102.21$5,617
Mar 1999350012.471.84$4,365
Feb 199936209.981.82$3,613
Jan 1999179010.381.90$1,858
Dec 199810909.201.77$1,003
Nov 1998176010.892.19$1,917
Oct 1998366012.421.97$4,546
Sep 1998186012.592.08$2,342
Aug 1998370011.301.91$4,181
Jul 1998184011.742.24$2,160
Jun 1998353011.242.24$3,968
May 1998368012.622.21$4,644
Apr 1998182013.042.51$2,373
Mar 1998365012.802.31$4,672
Feb 1998185013.952.30$2,581
Jan 1998552014.702.15$8,114
Dec 1997181016.322.41$2,954
Nov 1997371018.193.09$6,748
Oct 1997179019.253.15$3,446
Sep 1997359017.742.95$6,369
Aug 1997370017.862.55$6,608
Jul 1997354017.582.25$6,223
Jun 1997341017.242.26$5,879
May 1997372018.972.31$7,057
Apr 1997367017.882.08$6,562
Mar 1997184018.951.94$3,487
Feb 1997160020.492.21$3,278
Jan 1997297023.483.54$6,974
Dec 1996372023.32$8,675
Nov 1996177021.97$3,889
Oct 1996349023.31$8,135
Sep 1996541022.22$12,021
Aug 1996365020.26$7,395
Jul 1996181019.55$3,539
Jun 1996360018.73$6,743
May 1996361019.43$7,014
Apr 1996376021.51$8,088
Mar 1996177019.38$3,430
Feb 1996365016.98$6,198
Jan 1996365017.07$6,231
Dec 1995367017.19$6,309
Nov 1995378016.00$6,048
Oct 1995358015.43$5,524
Sep 1995368016.18$5,954
Aug 1995178015.92$2,834
Jul 1995359015.24$5,471
Jun 1995183016.41$3,003
May 1995374017.56$6,567
Apr 1995184017.73$3,262
Mar 1995358016.44$5,886
Feb 1995180016.58$2,984
Jan 1995545015.92$8,676
Dec 1994183015.03$2,750
Nov 1994178015.90$2,830
Oct 19940015.58$0
Sep 1994753015.29$11,513
Aug 19941721016.13$2,774
Jul 19941781017.56$3,126
Jun 19940017.09$0
May 19940015.88$0
Apr 1994178014.14$2,517
Mar 19941821012.46$2,268
Feb 19941831012.50$2,288
Jan 19941771012.66$2,241
Dec 199301012.33$0
Nov 19931781014.49$2,579
Oct 19931791015.85$2,837
Sep 19931771015.03$2,660
Aug 19931801015.66$2,819
Jul 19933521515.46$5,442
Jun 19931731516.79$2,905
May 19933651517.68$6,453
Apr 19933691518.05$6,660
Mar 19933661518.14$6,639
Feb 19933581517.90$6,408
Jan 19935531516.93$9,362

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.

Aug 2002 — as filed, then multipliedworked
Oil                   24 bbl  × $ 25.96 =       $623
Casinghead gas         0 Mcf  × $  3.16 =         $0

────────────────────────────────────────────────────
Month total                                     $623

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/O/10962 is the state's own key, not one this site invented.