BIGBY, J. A. -A-

Operated by CITATION OIL & GAS CORP. (P-5 154235) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13964District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$1.0 M
Nov 1995 – Oct 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
216
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition15,008 bbl$387,338
Casinghead gasProduction162,879 Mcf$614,470
Total$1,001,809

20,252 Mcf of this lease's gas, across 14 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 (216)

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

216 months

Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200712075.846.24$910
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 200756058.747.85$3,289
Apr 20077232559.617.81$6,829
Mar 2007182556.927.30$6,081
Feb 20077483055.108.22$10,897
Jan 20077082550.306.73$9,071
Dec 20067780756.656.92$9,945
Nov 2006184054.207.62$6,453
Oct 20066989554.906.01$9,170
Sep 200613989360.085.04$12,849
Aug 2006099268.717.34$7,281
Jul 20066190169.376.34$9,946
Jun 20065888166.286.38$9,468
May 2006085766.016.42$5,506
Apr 20065785464.397.36$9,956
Mar 200615290256.707.08$15,007
Feb 2006081457.597.75$6,309
Jan 20064590060.598.93$10,767
Dec 20054591854.9413.42$14,788
Nov 20055590654.6910.59$12,601
Oct 200514393458.3413.80$21,228
Sep 200513577961.4512.08$17,705
Aug 2005078861.519.80$7,720
Jul 2005079055.697.84$6,196
Jun 200512475352.337.38$12,047
May 2005073845.226.65$4,909
Apr 2005074549.207.36$5,484
Mar 200513481350.377.15$12,567
Feb 20057575045.226.31$8,125
Jan 2005087043.166.32$5,500
Dec 200413379439.866.75$10,662
Nov 200411378645.286.33$10,092
Oct 2004080349.706.52$5,232
Sep 2004078043.245.28$4,121
Aug 20049355642.375.55$7,027
Jul 2004080638.286.08$4,904
Jun 20045579036.106.43$7,068
May 20045378437.486.49$7,078
Apr 20045373134.475.86$6,109
Mar 20045074834.365.53$5,855
Feb 20045172832.455.51$5,666
Jan 20045976732.036.30$6,722
Dec 20035379430.266.30$6,607
Nov 20035073828.804.60$4,831
Oct 200314473028.174.76$7,531
Sep 2003076426.314.75$3,629
Aug 2003781,03629.765.13$7,636
Jul 20038789829.415.17$7,202
Jun 20039394528.565.98$8,310
May 200319891226.595.97$10,712
Apr 2003881,14526.675.41$8,538
Mar 200301,10731.146.10$6,748
Feb 2003821,15733.487.93$11,916
Jan 20031701,11230.315.58$11,360
Dec 20021671,18626.914.85$10,251
Nov 2002080624.664.14$3,334
Oct 2002931,15726.464.23$7,354
Sep 2002931,28527.443.64$7,223
Aug 2002881,31825.963.16$6,455
Jul 20023751,42224.583.06$13,571
Jun 200221,50323.733.34$5,065
May 200201,49824.663.58$5,369
Apr 20021781,19123.653.51$8,393
Mar 200201,16222.003.10$3,605
Feb 20021841,13318.222.38$6,044
Jan 2002861,23417.172.38$4,408
Dec 20011781,32816.932.36$6,153
Nov 200101,27918.072.41$3,077
Oct 20011971,32619.782.53$7,250
Sep 2001971,37324.262.25$5,444
Aug 20011001,38824.873.05$6,725
Jul 20011801,53823.933.20$9,225
Jun 20011781,35724.563.82$9,561
May 200101,34525.524.31$5,793
Apr 20011891,12124.685.34$10,645
Mar 20011011,36124.545.38$9,796
Feb 200101,16727.755.77$6,730
Jan 20012001,37127.478.40$17,009
Dec 20001001,28026.889.12$14,365
Nov 20001021,28632.215.66$10,562
Oct 20001981,43031.235.15$13,542
Sep 2000921,44631.875.19$10,432
Aug 20001801,48329.644.54$12,069
Jul 20002671,47228.534.09$13,638
Jun 200001,45229.304.40$6,385
May 20002681,47927.263.68$12,748
Apr 200001,35424.513.12$4,219
Mar 20001001,47728.422.86$7,066
Feb 20001921,45527.622.73$9,270
Jan 20001001,26825.272.48$5,672
Dec 19991981,41624.282.42$8,239
Nov 1999981,51123.192.43$5,950
Oct 19991841,75920.982.80$8,792
Sep 1999941,49321.752.62$5,954
Aug 19991951,39819.262.88$7,776
Jul 1999991,56017.892.37$5,472
Jun 19991701,23215.942.36$5,620
May 1999761,34015.792.32$4,310
Apr 1999721,25615.102.21$3,861
Mar 1999741,46112.471.84$3,609
Feb 19991501,1509.981.82$3,587
Jan 1999751,29610.381.90$3,241
Dec 1998751,3749.201.77$3,127
Nov 1998871,17610.892.19$3,518
Oct 19981801,38212.421.97$4,957
Sep 1998851,34912.592.08$3,880
Aug 19981841,49711.301.91$4,935
Jul 19981931,52311.742.24$5,673
Jun 1998981,47011.242.24$4,390
May 1998971,53512.622.21$4,611
Apr 19981031,47813.042.51$5,046
Mar 19981921,40112.802.31$5,693
Feb 1998911,35113.952.30$4,376
Jan 19981861,51314.702.15$5,994
Dec 19972011,46816.322.41$6,820
Nov 1997961,40718.193.09$6,091
Oct 19971951,49219.253.15$8,453
Sep 19971031,45717.742.95$6,132
Aug 19971951,50217.862.55$7,320
Jul 19971001,44017.582.25$4,994
Jun 19971931,45117.242.26$6,603
May 1997921,45118.972.31$5,095
Apr 19971791,47117.882.08$6,264
Mar 19971801,58818.951.94$6,490
Feb 1997911,24720.492.21$4,615
Jan 19971721,46523.483.54$9,224
Dec 19961791,30323.32$4,174
Nov 1996911,39521.97$1,999
Oct 19961831,49023.31$4,266
Sep 19961831,39322.22$4,066
Aug 1996851,44820.26$1,722
Jul 19961631,34719.55$3,187
Jun 19961671,45518.73$3,128
May 19961631,58919.43$3,167
Apr 19962661,56521.51$5,722
Mar 199601,36719.38$0
Feb 19961601,42116.98$2,717
Jan 19961611,55217.07$2,748
Dec 19951821,49217.19$3,129
Nov 19955291,43516.00$8,464

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 2007 — as filed, then multipliedworked
Oil                   12 bbl  × $ 75.84 =       $910
Casinghead gas         0 Mcf  × $  6.24 =         $0

────────────────────────────────────────────────────
Month total                                     $910

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/13964 is the state's own key, not one this site invented.