DAVENPORT

Operated by MCENA INC. (P-5 548640) 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 7642District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$50 k
Jan 1993 – Jan 1996
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
37
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
OilDisposition3,165 bbl$49,547
Casinghead gasProduction20,108 Mcf$0
Total$49,547

20,108 Mcf of this lease's gas, across 27 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 (37)

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

37 months

Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 1995161015.43$2,484
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 1995025716.44$0
Feb 1995051616.58$0
Jan 199518845315.92$2,993
Dec 199419649515.03$2,946
Nov 1994063015.90$0
Oct 199419370315.58$3,007
Sep 1994070315.29$0
Aug 199419370216.13$3,113
Jul 199416766517.56$2,933
Jun 1994167417.09$17
May 199417969215.88$2,843
Apr 199417954914.14$2,531
Mar 1994050412.46$0
Feb 199417660612.50$2,200
Jan 1994179512.66$13
Dec 199332587812.33$4,007
Nov 1993082414.49$0
Oct 199301,05515.85$0
Sep 199310583015.03$1,578
Aug 199318498715.66$2,881
Jul 199318396815.46$2,829
Jun 1993087216.79$0
May 199317789417.68$3,129
Apr 19931841,06918.05$3,321
Mar 19931861,00518.14$3,374
Feb 199318795917.90$3,347
Jan 1993082316.93$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.

Oct 1995 — as filed, then multipliedworked
Oil                  161 bbl  × $ 15.43 =     $2,484
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,484

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/7642 is the state's own key, not one this site invented.