WHITEHOUSE

Operated by STEPHENS, AUTRY C. (P-5 817550) 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 7445District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$41 k
Jan 1993 – Feb 1996
Value, last 12 filed months
$12 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
OilDisposition2,579 bbl$40,968
Casinghead gasProduction25,591 Mcf$0
Total$40,968

25,591 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 199543675415.43$6,727
Sep 1995071616.18$0
Aug 1995379615.92$48
Jul 199515180815.24$2,301
Jun 1995071216.41$0
May 1995077817.56$0
Apr 199518577017.73$3,280
Mar 1995082116.44$0
Feb 199518685716.58$3,084
Jan 1995021915.92$0
Dec 1994020915.03$0
Nov 1994055015.90$0
Oct 1994083215.58$0
Sep 199419080215.29$2,905
Aug 1994086316.13$0
Jul 1994187317.56$18
Jun 199434782617.09$5,930
May 1994180115.88$16
Apr 1994076514.14$0
Mar 199435682412.46$4,436
Feb 1994071412.50$0
Jan 1994068412.66$0
Dec 1993081112.33$0
Nov 1993171014.49$14
Oct 1993081615.85$0
Sep 1993086415.03$0
Aug 199317086515.66$2,662
Jul 1993082115.46$0
Jun 199318081816.79$3,022
May 1993083617.68$0
Apr 1993077318.05$0
Mar 199318777618.14$3,392
Feb 1993070817.90$0
Jan 199318581916.93$3,132

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                  436 bbl  × $ 15.43 =     $6,727
Casinghead gas       754 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $6,727

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/7445 is the state's own key, not one this site invented.