BRYANS "8"

Operated by ODESSA EXPLORATION, INC. (P-5 618275) in the CALVIN (DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13149District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$95 k
Jan 1993 – Feb 1996
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
38
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 498 leases and 1,074 wells, and the rule below applies to all of them.

Discovered
1965-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 7C,08-0209914

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
OilDisposition6,020 bbl$95,439
Casinghead gasProduction25,253 Mcf$0
Total$95,439

25,253 Mcf of this lease's gas, across 34 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 (38)

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

38 months

Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199520979115.43$3,225
Sep 199514942016.18$2,411
Aug 19957857115.92$1,242
Jul 19957477915.24$1,128
Jun 199512732616.41$2,084
May 199512669717.56$2,213
Apr 199519788717.73$3,493
Mar 199512872016.44$2,104
Feb 199513365516.58$2,205
Jan 199519276815.92$3,057
Dec 199418781015.03$2,811
Nov 199413079215.90$2,067
Oct 199419183715.58$2,976
Sep 199413184615.29$2,003
Aug 199419191916.13$3,081
Jul 199412780617.56$2,230
Jun 199419190117.09$3,264
May 199418989015.88$3,001
Apr 199413184014.14$1,852
Mar 199419778712.46$2,455
Feb 199419219712.50$2,400
Jan 199438560112.66$4,874
Dec 19936368612.33$777
Nov 199312578114.49$1,811
Oct 199325485815.85$4,026
Sep 199312899515.03$1,924
Aug 19931941,00215.66$3,038
Jul 199319696415.46$3,030
Jun 199324578516.79$4,114
May 199325965517.68$4,579
Apr 199319370818.05$3,484
Mar 199325567318.14$4,626
Feb 199319359017.90$3,455
Jan 199326071616.93$4,402

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 1995 — as filed, then multipliedworked
Oil                  209 bbl  × $ 15.43 =     $3,225
Casinghead gas       791 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $3,225

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/13149 is the state's own key, not one this site invented.