ARCO FEE "23"

Operated by OLSEN ENERGY INC. (P-5 621750) in the TIPPETT (LEONARD, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15891District 7CField 90188415Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$939 k
Jan 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
245
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 51 leases and 101 wells, and the rule below applies to all of them.

Discovered
1962-12-27
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

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: MULTIPLE 49B MAXIMUM 160 ACRES

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
OilDisposition5,046 bbl$380,343
Casinghead gasProduction121,030 Mcf$558,504
Total$938,847

Every month this lease reported (245)

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

245 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20227094.529.13$662
Jul 20220116101.587.54$875
Jun 20227117115.097.98$1,739
May 20224129109.378.43$1,525
Apr 2022380104.226.84$860
Mar 2022399108.885.08$829
Feb 202278191.054.86$1,031
Jan 202247981.844.54$686
Dec 202138971.323.90$561
Nov 202139077.435.24$704
Oct 2021315379.795.71$1,114
Sep 202179169.865.35$976
Aug 2021412866.024.22$804
Jul 2021312770.783.98$718
Jun 2021412269.493.38$690
May 2021312963.483.02$580
Apr 2021411960.362.76$570
Mar 2021413361.302.72$607
Feb 202148457.805.55$697
Jan 2021812350.412.81$749
Dec 2020312844.642.68$476
Nov 2020412038.772.71$480
Oct 2020413636.972.48$485
Sep 2020410437.091.99$355
Aug 2020712039.982.39$566
Jul 202037638.371.83$254
Jun 2020712534.901.69$456
May 202004316.921.81$78
Apr 202035914.751.80$151
Mar 202047630.341.86$262
Feb 202039649.881.98$340
Jan 2020713357.252.09$679
Dec 2019413459.012.30$545
Nov 2019713355.302.75$753
Oct 2019312653.472.42$465
Sep 2019714355.052.66$765
Aug 2019314353.112.30$489
Jul 2019714456.272.46$748
Jun 2019775052.782.49$2,238
May 20191128858.482.74$1,432
Apr 20191112662.632.75$1,036
Mar 20191124156.803.06$1,363
Feb 20193345450.852.79$2,946
Jan 20191264446.033.23$2,631
Dec 2018060846.594.19$2,545
Nov 20181265452.934.24$3,406
Oct 20181261061.443.40$2,810
Sep 20182670959.543.11$3,752
Aug 2018020959.403.07$641
Jul 20188065.142.93$521
Jun 20182169160.183.08$3,390
May 20181277365.382.90$3,027
Apr 20182271363.842.90$3,473
Mar 20181178461.222.79$2,858
Feb 20181170261.782.77$2,621
Jan 20182369362.874.01$4,224
Dec 2017059357.272.92$1,732
Nov 20172374955.423.12$3,610
Oct 20172275749.292.98$3,343
Sep 20172260347.523.09$2,907
Aug 20171162945.373.00$2,389
Jul 2017072443.873.09$2,235
Jun 2017201,15442.493.09$4,413
May 20172285945.373.26$3,801
Apr 20171265547.933.21$2,679
Mar 20172369046.772.98$3,134
Feb 2017064850.452.95$1,913
Jan 20172272149.413.42$3,552
Dec 20161179848.763.72$3,507
Nov 20161282442.492.64$2,689
Oct 20162385746.193.09$3,711
Sep 20161133841.553.10$1,505
Aug 20162282841.442.92$3,333
Jul 20161883041.622.92$3,176
Jun 20162282145.352.69$3,203
May 20161069542.521.99$1,809
Apr 201618236.561.99$662
Mar 2016211633.011.79$722
Feb 201622926.472.06$601
Jan 20162346327.352.36$1,724
Dec 20151177432.362.00$1,905
Nov 20153081338.792.17$2,926
Oct 2015045143.552.43$1,094
Sep 20152278442.992.76$3,108
Aug 20152251340.162.87$2,357
Jul 20151168848.152.95$2,556
Jun 20152365656.152.88$3,183
May 20152237155.212.96$2,311
Apr 20152354649.822.71$2,624
Mar 20152377242.892.93$3,252
Feb 20152348044.662.98$2,456
Jan 20151024543.433.10$1,194
Dec 20142437054.693.59$2,641
Nov 20143463570.464.25$5,096
Oct 2014974078.303.90$3,591
Sep 20141178186.164.05$4,107
Aug 20142377589.394.04$5,183
Jul 20142380696.564.18$5,590
Jun 20149184598.164.74$12,935
May 20146283494.734.73$9,815
Apr 20142365195.944.81$5,337
Mar 2014064295.895.06$3,246
Feb 20146464397.406.19$10,215
Jan 20143251890.404.86$5,411
Dec 20133145291.824.35$4,815
Nov 20133265488.853.74$5,288
Oct 20132877197.423.78$5,642
Sep 201332730104.113.72$6,045
Aug 201362737104.253.52$9,060
Jul 201331770102.523.72$6,041
Jun 20132978894.403.93$5,837
May 20133181194.834.15$6,305
Apr 2013080093.964.28$3,426
Mar 20135880893.623.91$8,592
Feb 20133173991.233.42$5,355
Jan 20133179991.603.42$5,572
Dec 20123085286.773.42$5,517
Nov 20126169586.953.62$7,823
Oct 20123276089.383.40$5,444
Sep 20123178594.672.92$5,226
Aug 20126386592.662.91$8,353
Jul 20123282785.133.02$5,222
Jun 20123282879.822.52$4,640
May 20123088091.612.49$4,938
Apr 201226866101.652.00$4,372
Mar 201257627105.052.22$7,381
Feb 201230802101.102.57$5,094
Jan 20123157298.092.73$4,605
Dec 20115963796.873.24$7,779
Nov 2011063995.723.31$2,116
Oct 20113077084.983.65$5,359
Sep 20113083983.623.99$5,853
Aug 20112880683.404.15$5,680
Jul 20115888094.144.52$9,435
Jun 20113084892.904.64$6,722
May 20112986298.134.40$6,643
Apr 201162825105.964.33$10,144
Mar 20113289696.364.06$6,719
Feb 20116386385.644.18$9,003
Jan 20112818586.504.59$3,271
Dec 20103124685.734.35$3,727
Nov 20106275680.843.80$7,881
Oct 20106188078.103.51$7,852
Sep 20103181172.633.98$5,479
Aug 20102986973.684.42$5,977
Jul 20103089072.554.74$6,392
Jun 20106088270.364.91$8,553
May 20103189971.124.24$6,012
Apr 20102988981.694.12$6,034
Mar 20108889878.394.39$10,839
Feb 20103095173.585.44$7,383
Jan 20105897074.365.96$10,098
Dec 20098991671.445.48$11,381
Nov 20092981574.593.75$5,221
Oct 20092879572.544.11$5,299
Sep 20092845465.543.06$3,227
Aug 20096249967.423.22$5,786
Jul 20093133861.133.46$3,066
Jun 20093367566.163.90$4,812
May 20093180554.743.93$4,857
Apr 20095579846.773.59$5,435
Mar 20092978542.144.06$4,408
Feb 2009079032.814.63$3,660
Jan 20096687035.865.37$7,040
Dec 20083186037.105.98$6,290
Nov 2008083555.496.86$5,728
Oct 20083079875.246.92$7,781
Sep 200829845101.767.88$9,607
Aug 200859809114.228.48$13,602
Jul 200829795131.0811.39$12,856
Jun 200832710131.3313.03$13,456
May 200855690123.1711.57$14,761
Apr 200829715110.3110.45$10,674
Mar 200828838101.909.66$10,952
Feb 20082973092.538.77$9,086
Jan 20085875090.388.21$11,396
Dec 20075674088.337.30$10,350
Nov 20072875091.677.29$8,036
Oct 20075880582.856.92$10,377
Sep 20075872575.846.24$8,926
Aug 20075570069.066.39$8,270
Jul 20072979070.906.39$7,103
Jun 20072881562.007.55$7,888
May 20075584058.747.85$9,822
Apr 20075983059.617.81$9,995
Mar 20075779556.927.30$9,050
Feb 20072781955.108.22$8,217
Jan 20073584050.306.73$7,411
Dec 2006331,06056.656.92$9,203
Nov 2006351,11554.207.62$10,390
Oct 2006341,21554.906.01$9,173
Sep 2006501,34560.085.04$9,779
Aug 2006341,29068.717.34$11,805
Jul 2006331,24569.376.34$10,186
Jun 2006341,13966.286.38$9,525
May 2006341,02566.016.42$8,830
Apr 20063592564.397.36$9,062
Mar 20063582556.707.08$7,828
Feb 2006090057.597.75$6,976
Jan 20060060.598.93$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.

Aug 2022 — as filed, then multipliedworked
Oil                    7 bbl  × $ 94.52 =       $662
Casinghead gas         0 Mcf  × $  9.13 =         $0

────────────────────────────────────────────────────
Month total                                     $662

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/15891 is the state's own key, not one this site invented.