T. X. L. "B"

Operated by HUNT OIL COMPANY (P-5 416330) 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 13991District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$778 k
Nov 1995 – May 2014
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
223
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
OilDisposition13,380 bbl$397,771
Casinghead gasProduction97,189 Mcf$380,431
Total$778,201

17,823 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 (223)

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

223 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 201389091.824.35$8,172
Nov 20130088.853.74$0
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 2012161092.662.91$14,918
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 20110396.873.24$10
Nov 201102295.723.31$73
Oct 201103484.983.65$124
Sep 201102183.623.99$84
Aug 201102383.404.15$95
Jul 201106094.144.52$271
Jun 2011017392.904.64$803
May 2011034998.134.40$1,537
Apr 20110244105.964.33$1,057
Mar 201117933396.364.06$18,600
Feb 2011026285.644.18$1,095
Jan 2011028486.504.59$1,303
Dec 2010028585.734.35$1,239
Nov 2010027480.843.80$1,040
Oct 2010029778.103.51$1,042
Sep 201017629772.633.98$13,965
Aug 2010031473.684.42$1,388
Jul 2010020772.554.74$980
Jun 2010024670.364.91$1,208
May 2010031971.124.24$1,351
Apr 2010028281.694.12$1,163
Mar 2010031678.394.39$1,387
Feb 2010023773.585.44$1,290
Jan 2010035074.365.96$2,087
Dec 2009038071.445.48$2,084
Nov 200918336874.593.75$15,031
Oct 2009038772.544.11$1,591
Sep 2009038365.543.06$1,174
Aug 2009037467.423.22$1,204
Jul 2009015961.133.46$551
Jun 2009021966.163.90$853
May 2009027354.743.93$1,072
Apr 200916835546.773.59$9,131
Mar 2009038942.144.06$1,579
Feb 200919039632.814.63$8,069
Jan 2009042635.865.37$2,288
Dec 2008039337.105.98$2,349
Nov 2008042055.496.86$2,881
Oct 2008044075.246.92$3,046
Sep 20080381101.767.88$3,001
Aug 20080416114.228.48$3,529
Jul 2008189476131.0811.39$30,195
Jun 20080614131.3313.03$8,002
May 20080271123.1711.57$3,137
Apr 20080308110.3110.45$3,220
Mar 20080304101.909.66$2,938
Feb 2008038692.538.77$3,385
Jan 2008040590.388.21$3,323
Dec 2007041488.337.30$3,023
Nov 20070091.677.29$0
Oct 200718944682.856.92$18,746
Sep 2007043975.846.24$2,741
Aug 2007046069.066.39$2,938
Jul 2007045070.906.39$2,875
Jun 2007044162.007.55$3,329
May 200717642658.747.85$13,681
Apr 2007043059.617.81$3,356
Mar 2007044256.927.30$3,227
Feb 2007037355.108.22$3,065
Jan 2007045050.306.73$3,027
Dec 2006030256.656.92$2,089
Nov 200617236154.207.62$12,072
Oct 2006046654.906.01$2,802
Sep 2006026460.085.04$1,330
Aug 2006043868.717.34$3,215
Jul 2006038169.376.34$2,417
Jun 2006028166.286.38$1,794
May 2006041866.016.42$2,686
Apr 200617437064.397.36$13,927
Mar 2006043156.707.08$3,053
Feb 2006036457.597.75$2,821
Jan 2006041060.598.93$3,663
Dec 2005041554.9413.42$5,567
Nov 200515342254.6910.59$12,836
Oct 2005042758.3413.80$5,891
Sep 2005037261.4512.08$4,493
Aug 2005044161.519.80$4,320
Jul 2005044055.697.84$3,451
Jun 200518143852.337.38$12,705
May 2005045745.226.65$3,040
Apr 2005042749.207.36$3,143
Mar 2005013150.377.15$937
Feb 2005039145.226.31$2,468
Jan 2005043743.166.32$2,763
Dec 2004045539.866.75$3,072
Nov 2004042445.286.33$2,684
Oct 20049242749.706.52$7,354
Sep 2004043143.245.28$2,277
Aug 200411343342.375.55$7,191
Jul 2004042838.286.08$2,604
Jun 2004042836.106.43$2,753
May 200418441737.486.49$9,605
Apr 2004041834.475.86$2,449
Mar 2004038034.365.53$2,101
Feb 2004038832.455.51$2,138
Jan 2004038332.036.30$2,413
Dec 200318343630.266.30$8,285
Nov 2003040228.804.60$1,847
Oct 2003044828.174.76$2,132
Sep 2003043826.314.75$2,080
Aug 200317845529.765.13$7,631
Jul 2003044529.415.17$2,301
Jun 2003043328.565.98$2,591
May 2003044026.595.97$2,628
Apr 200318141326.675.41$7,060
Mar 2003040631.146.10$2,475
Feb 2003037133.487.93$2,941
Jan 2003042730.315.58$2,384
Dec 200217742326.914.85$6,816
Nov 2002040324.664.14$1,667
Oct 2002044326.464.23$1,874
Sep 2002045327.443.64$1,647
Aug 200217242525.963.16$5,810
Jul 2002045024.583.06$1,378
Jun 2002043623.733.34$1,455
May 2002050324.663.58$1,803
Apr 200217451723.653.51$5,931
Mar 2002052822.003.10$1,638
Feb 2002038118.222.38$905
Jan 200217241517.172.38$3,939
Dec 2001041716.932.36$986
Nov 2001051718.072.41$1,244
Oct 200117850819.782.53$4,806
Sep 2001052224.262.25$1,175
Aug 2001055524.873.05$1,695
Jul 2001045023.933.20$1,439
Jun 200118355924.563.82$6,632
May 2001054425.524.31$2,343
Apr 2001057124.685.34$3,046
Mar 2001051824.545.38$2,785
Feb 200117145027.755.77$7,340
Jan 2001049827.478.40$4,183
Dec 2000045626.889.12$4,160
Nov 200017246632.215.66$8,177
Oct 2000054331.235.15$2,794
Sep 2000053931.875.19$2,796
Aug 2000055629.644.54$2,525
Jul 200017153828.534.09$7,079
Jun 2000057229.304.40$2,515
May 2000053327.263.68$1,961
Apr 200017238624.513.12$5,419
Mar 2000056628.422.86$1,619
Feb 2000053427.622.73$1,456
Jan 200019358025.272.48$6,316
Dec 1999059224.282.42$1,435
Nov 1999057023.192.43$1,387
Oct 199917258620.982.80$5,252
Sep 1999059021.752.62$1,545
Aug 1999039119.262.88$1,124
Jul 199918060917.892.37$4,665
Jun 1999055015.942.36$1,299
May 1999058715.792.32$1,362
Apr 199918060115.102.21$4,045
Mar 1999051812.471.84$952
Feb 199903429.981.82$622
Jan 199917824310.381.90$2,309
Dec 199821879.201.77$350
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199803311.301.91$63
Jul 19980011.742.24$0
Jun 199817011011.242.24$2,157
May 199815024712.622.21$2,438
Apr 199819322213.042.51$3,073
Mar 19981541,01012.802.31$4,304
Feb 19981771,00713.952.30$4,784
Jan 19983481,18714.702.15$7,673
Dec 19971691,07716.322.41$5,355
Nov 19971671,11618.193.09$6,484
Oct 19973201,16819.253.15$9,839
Sep 19971751,14117.742.95$6,476
Aug 19971821,11017.862.55$6,086
Jul 19971821,11817.582.25$5,712
Jun 199742794317.242.26$9,490
May 199731,10718.972.31$2,612
Apr 19971861,09517.882.08$5,606
Mar 19973451,17118.951.94$8,808
Feb 199718598220.492.21$5,957
Jan 19971911,06523.483.54$8,254
Dec 19961831,00123.32$4,268
Nov 19963561,33521.97$7,821
Oct 19961881,31223.31$4,382
Sep 19963601,35922.22$7,999
Aug 19961801,39820.26$3,647
Jul 19963551,41319.55$6,940
Jun 19961771,35518.73$3,315
May 19961741,30619.43$3,381
Apr 19963551,18321.51$7,636
Mar 19961861,33819.38$3,605
Feb 19963581,19916.98$6,079
Jan 19961841,19817.07$3,141
Dec 19953711,20017.19$6,377
Nov 19952711,22616.00$4,336

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.

Dec 2013 — as filed, then multipliedworked
Oil                   89 bbl  × $ 91.82 =     $8,172
Casinghead gas         0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                   $8,172

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/13991 is the state's own key, not one this site invented.