TXL "S"

Name: TXL "S" lease production and value, Feb 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COG OPERATING LLC (P-5 166150) in the PEGASUS (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13412District 7CField 70279750OilCasinghead gasSave Export

Value, all time

$1.6 M

Feb 1993 – Jul 2010

Value, last 12 filed months

$123 k

at the published price for each month

Months reported

210

no gaps in the span

Streams

oil, casinghead gas

The PEGASUS (SPRABERRY) field

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 38 leases and 194 wells, and the rule below applies to all of them.

Discovered

1952-01-08

as the register files it

Field class

Oil

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 Commission's schedule remark for this field reads: “PEGASUS (CONSOLIDATED).”

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
Oil	Disposition	49,725 bbl	$1,503,973
Casinghead gas	Production	49,924 Mcf	$128,356
Total			$1,632,329

21,775 Mcf of this lease's gas, across 46 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 (210)

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

210 months


Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	275	113	81.69	4.12	$22,931
Mar 2010	172	61	78.39	4.39	$13,751
Feb 2010	333	86	73.58	5.44	$24,970
Jan 2010	0	39	74.36	5.96	$233
Dec 2009	0	69	71.44	5.48	$378
Nov 2009	157	122	74.59	3.75	$12,168
Oct 2009	357	131	72.54	4.11	$26,435
Sep 2009	162	54	65.54	3.06	$10,783
Aug 2009	161	144	67.42	3.22	$11,318
Jul 2009	176	94	61.13	3.46	$11,085
Jun 2009	166	70	66.16	3.90	$11,255
May 2009	175	165	54.74	3.93	$10,227
Apr 2009	168	198	46.77	3.59	$8,568
Mar 2009	139	85	42.14	4.06	$6,202
Feb 2009	167	113	32.81	4.63	$6,003
Jan 2009	292	135	35.86	5.37	$11,196
Dec 2008	183	79	37.10	5.98	$7,261
Nov 2008	166	138	55.49	6.86	$10,158
Oct 2008	169	88	75.24	6.92	$13,325
Sep 2008	366	82	101.76	7.88	$37,890
Aug 2008	0	164	114.22	8.48	$1,391
Jul 2008	345	199	131.08	11.39	$47,489
Jun 2008	0	90	131.33	13.03	$1,173
May 2008	335	46	123.17	11.57	$41,794
Apr 2008	0	33	110.31	10.45	$345
Mar 2008	0	65	101.90	9.66	$628
Feb 2008	526	119	92.53	8.77	$49,714
Jan 2008	0	114	90.38	8.21	$935
Dec 2007	0	61	88.33	7.30	$445
Nov 2007	176	34	91.67	7.29	$16,382
Oct 2007	181	75	82.85	6.92	$15,515
Sep 2007	0	160	75.84	6.24	$999
Aug 2007	186	109	69.06	6.39	$13,541
Jul 2007	181	130	70.90	6.39	$13,663
Jun 2007	172	156	62.00	7.55	$11,842
May 2007	183	112	58.74	7.85	$11,628
Apr 2007	180	206	59.61	7.81	$12,338
Mar 2007	185	216	56.92	7.30	$12,107
Feb 2007	175	105	55.10	8.22	$10,505
Jan 2007	176	120	50.30	6.73	$9,660
Dec 2006	185	133	56.65	6.92	$11,400
Nov 2006	181	144	54.20	7.62	$10,907
Oct 2006	178	157	54.90	6.01	$10,716
Sep 2006	178	156	60.08	5.04	$11,480
Aug 2006	168	198	68.71	7.34	$12,997
Jul 2006	0	139	69.37	6.34	$882
Jun 2006	181	185	66.28	6.38	$13,178
May 2006	354	180	66.01	6.42	$24,524
Apr 2006	171	167	64.39	7.36	$12,240
Mar 2006	172	186	56.70	7.08	$11,070
Feb 2006	0	97	57.59	7.75	$752
Jan 2006	184	178	60.59	8.93	$12,739
Dec 2005	174	147	54.94	13.42	$11,532
Nov 2005	178	136	54.69	10.59	$11,175
Oct 2005	178	128	58.34	13.80	$12,150
Sep 2005	178	147	61.45	12.08	$12,714
Aug 2005	186	152	61.51	9.80	$12,930
Jul 2005	177	245	55.69	7.84	$11,779
Jun 2005	172	159	52.33	7.38	$10,174
May 2005	181	145	45.22	6.65	$9,149
Apr 2005	181	106	49.20	7.36	$9,685
Mar 2005	189	120	50.37	7.15	$10,379
Feb 2005	179	115	45.22	6.31	$8,820
Jan 2005	173	141	43.16	6.32	$8,358
Dec 2004	179	135	39.86	6.75	$8,046
Nov 2004	174	136	45.28	6.33	$8,740
Oct 2004	0	132	49.70	6.52	$860
Sep 2004	184	152	43.24	5.28	$8,759
Aug 2004	188	152	42.37	5.55	$8,809
Jul 2004	338	166	38.28	6.08	$13,949
Jun 2004	0	143	36.10	6.43	$920
May 2004	354	185	37.48	6.49	$14,469
Apr 2004	0	181	34.47	5.86	$1,060
Mar 2004	362	188	34.36	5.53	$13,478
Feb 2004	0	142	32.45	5.51	$782
Jan 2004	362	129	32.03	6.30	$12,408
Dec 2003	0	177	30.26	6.30	$1,115
Nov 2003	183	117	28.80	4.60	$5,808
Oct 2003	178	116	28.17	4.76	$5,566
Sep 2003	351	161	26.31	4.75	$9,999
Aug 2003	0	154	29.76	5.13	$790
Jul 2003	173	186	29.41	5.17	$6,050
Jun 2003	178	161	28.56	5.98	$6,047
May 2003	173	143	26.59	5.97	$5,454
Apr 2003	182	131	26.67	5.41	$5,562
Mar 2003	184	305	31.14	6.10	$7,589
Feb 2003	178	285	33.48	7.93	$8,218
Jan 2003	182	116	30.31	5.58	$6,164
Dec 2002	192	120	26.91	4.85	$5,749
Nov 2002	0	121	24.66	4.14	$501
Oct 2002	343	129	26.46	4.23	$9,621
Sep 2002	181	110	27.44	3.64	$5,367
Aug 2002	179	155	25.96	3.16	$5,137
Jul 2002	0	170	24.58	3.06	$521
Jun 2002	327	167	23.73	3.34	$8,317
May 2002	178	184	24.66	3.58	$5,049
Apr 2002	180	172	23.65	3.51	$4,861
Mar 2002	186	156	22.00	3.10	$4,576
Feb 2002	0	117	18.22	2.38	$278
Jan 2002	180	137	17.17	2.38	$3,416
Dec 2001	179	142	16.93	2.36	$3,366
Nov 2001	349	134	18.07	2.41	$6,629
Oct 2001	0	148	19.78	2.53	$374
Sep 2001	186	148	24.26	2.25	$4,846
Aug 2001	364	164	24.87	3.05	$9,553
Jul 2001	0	112	23.93	3.20	$358
Jun 2001	181	112	24.56	3.82	$4,874
May 2001	138	79	25.52	4.31	$3,862
Apr 2001	382	136	24.68	5.34	$10,153
Mar 2001	390	107	24.54	5.38	$10,146
Feb 2001	0	160	27.75	5.77	$923
Jan 2001	0	225	27.47	8.40	$1,890
Dec 2000	393	181	26.88	9.12	$12,215
Nov 2000	392	183	32.21	5.66	$13,662
Oct 2000	0	145	31.23	5.15	$746
Sep 2000	435	197	31.87	5.19	$14,885
Aug 2000	0	274	29.64	4.54	$1,244
Jul 2000	422	170	28.53	4.09	$12,735
Jun 2000	0	218	29.30	4.40	$959
May 2000	442	174	27.26	3.68	$12,689
Apr 2000	0	295	24.51	3.12	$919
Mar 2000	416	228	28.42	2.86	$12,475
Feb 2000	0	245	27.62	2.73	$668
Jan 2000	0	241	25.27	2.48	$598
Dec 1999	467	299	24.28	2.42	$12,063
Nov 1999	0	299	23.19	2.43	$728
Oct 1999	437	269	20.98	2.80	$9,922
Sep 1999	0	250	21.75	2.62	$655
Aug 1999	434	307	19.26	2.88	$9,242
Jul 1999	0	262	17.89	2.37	$622
Jun 1999	467	334	15.94	2.36	$8,233
May 1999	0	335	15.79	2.32	$778
Apr 1999	459	269	15.10	2.21	$7,525
Mar 1999	0	264	12.47	1.84	$485
Feb 1999	440	329	9.98	1.82	$4,989
Jan 1999	0	371	10.38	1.90	$705
Dec 1998	458	360	9.20	1.77	$4,852
Nov 1998	0	347	10.89	2.19	$758
Oct 1998	464	347	12.42	1.97	$6,446
Sep 1998	0	341	12.59	2.08	$710
Aug 1998	470	401	11.30	1.91	$6,076
Jul 1998	0	398	11.74	2.24	$890
Jun 1998	472	372	11.24	2.24	$6,138
May 1998	0	363	12.62	2.21	$801
Apr 1998	430	260	13.04	2.51	$6,259
Mar 1998	0	187	12.80	2.31	$432
Feb 1998	470	188	13.95	2.30	$6,989
Jan 1998	0	239	14.70	2.15	$515
Dec 1997	389	202	16.32	2.41	$6,836
Nov 1997	0	170	18.19	3.09	$525
Oct 1997	447	163	19.25	3.15	$9,118
Sep 1997	471	158	17.74	2.95	$8,822
Aug 1997	0	232	17.86	2.55	$593
Jul 1997	415	284	17.58	2.25	$7,934
Jun 1997	0	227	17.24	2.26	$512
May 1997	449	310	18.97	2.31	$9,233
Apr 1997	0	303	17.88	2.08	$631
Mar 1997	457	268	18.95	1.94	$9,180
Feb 1997	0	237	20.49	2.21	$523
Jan 1997	421	314	23.48	3.54	$10,997
Dec 1996	465	257	23.32	—	$10,844
Nov 1996	0	219	21.97	—	$0
Oct 1996	424	333	23.31	—	$9,883
Sep 1996	0	276	22.22	—	$0
Aug 1996	441	147	20.26	—	$8,935
Jul 1996	460	434	19.55	—	$8,993
Jun 1996	0	411	18.73	—	$0
May 1996	469	186	19.43	—	$9,113
Apr 1996	443	401	21.51	—	$9,529
Mar 1996	0	501	19.38	—	$0
Feb 1996	456	366	16.98	—	$7,743
Jan 1996	472	310	17.07	—	$8,057
Dec 1995	0	310	17.19	—	$0
Nov 1995	464	292	16.00	—	$7,424
Oct 1995	0	175	15.43	—	$0
Sep 1995	449	135	16.18	—	$7,265
Aug 1995	388	114	15.92	—	$6,177
Jul 1995	471	120	15.24	—	$7,178
Jun 1995	464	130	16.41	—	$7,614
May 1995	471	79	17.56	—	$8,271
Apr 1995	0	613	17.73	—	$0
Mar 1995	472	431	16.44	—	$7,760
Feb 1995	465	143	16.58	—	$7,710
Jan 1995	0	231	15.92	—	$0
Dec 1994	446	242	15.03	—	$6,703
Nov 1994	475	292	15.90	—	$7,553
Oct 1994	860	355	15.58	—	$13,399
Sep 1994	0	560	15.29	—	$0
Aug 1994	470	784	16.13	—	$7,581
Jul 1994	470	823	17.56	—	$8,253
Jun 1994	926	898	17.09	—	$15,825
May 1994	0	535	15.88	—	$0
Apr 1994	464	361	14.14	—	$6,561
Mar 1994	464	328	12.46	—	$5,781
Feb 1994	442	250	12.50	—	$5,525
Jan 1994	929	275	12.66	—	$11,761
Dec 1993	439	278	12.33	—	$5,413
Nov 1993	457	1	14.49	—	$6,622
Oct 1993	475	103	15.85	—	$7,529
Sep 1993	840	170	15.03	—	$12,625
Aug 1993	457	1,702	15.66	—	$7,157
Jul 1993	463	1,150	15.46	—	$7,158
Jun 1993	479	1,344	16.79	—	$8,042
May 1993	932	1,747	17.68	—	$16,478
Apr 1993	946	2,065	18.05	—	$17,075
Mar 1993	899	898	18.14	—	$16,308
Feb 1993	0	0	17.90	—	$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.

Apr 2010 — as filed, then multipliedworked

Oil                  275 bbl  × $ 81.69 =    $22,465
Casinghead gas       113 Mcf  × $  4.12 =       $466

────────────────────────────────────────────────────
Month total                                  $22,931

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/13412 is the state's own key, not one this site invented.