GUEST, "A"

Operated by KATSCO ENERGY, INC. (P-5 451645) in the ARLEDGE (PENN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8104District 7CField 03602550OilCasinghead gasSaveExport
Value, all time
$701 k
Jan 1993 – Jun 2010
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
210
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 25 leases and 63 wells, and the rule below applies to all of them.

Discovered
1974-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition4,182 bbl$91,069
Casinghead gasProduction298,404 Mcf$609,714
Total$700,783

119,972 Mcf of this lease's gas, across 48 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 (210)

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

210 months

Jun 2010139070.364.91$9,780
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 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 200415616237.486.49$6,899
Apr 20040034.475.86$0
Mar 2004017534.365.53$968
Feb 20040032.455.51$0
Jan 200404732.036.30$296
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 200309526.314.75$451
Aug 200302,21729.765.13$11,373
Jul 200302,20929.415.17$11,422
Jun 200302,13628.565.98$12,780
May 200302,22026.595.97$13,259
Apr 200302,15426.675.41$11,647
Mar 200302,23531.146.10$13,625
Feb 200302,03333.487.93$16,113
Jan 200302,24030.315.58$12,504
Dec 200202,24426.914.85$10,892
Nov 200202,15724.664.14$8,923
Oct 200202,24026.464.23$9,473
Sep 200202,19527.443.64$7,979
Aug 200202,27425.963.16$7,195
Jul 200202,23724.583.06$6,849
Jun 200202,20623.733.34$7,364
May 20021762,28524.663.58$12,530
Apr 200202,09823.653.51$7,369
Mar 200202,24022.003.10$6,950
Feb 200201,97318.222.38$4,687
Jan 200202,19717.172.38$5,219
Dec 200102,18616.932.36$5,169
Nov 200102,09418.072.41$5,037
Oct 200102,15819.782.53$5,457
Sep 200102,11124.262.25$4,753
Aug 200101,97124.873.05$6,018
Jul 20011792,22423.933.20$11,394
Jun 200102,16524.563.82$8,279
May 200102,26525.524.31$9,756
Apr 200102,15324.685.34$11,487
Mar 200102,24324.545.38$12,059
Feb 20011761,99227.755.77$16,372
Jan 200102,05227.478.40$17,234
Dec 200002,20126.889.12$20,079
Nov 200002,17932.215.66$12,329
Oct 200002,28131.235.15$11,737
Sep 20001732,17531.875.19$16,794
Aug 200002,27829.644.54$10,344
Jul 20001802,33528.534.09$14,685
Jun 200002,21829.304.40$9,753
May 200002,09827.263.68$7,720
Apr 20001802,08124.513.12$10,896
Mar 200001,78428.422.86$5,102
Feb 200001,69027.622.73$4,608
Jan 20001771,84925.272.48$9,059
Dec 199901,91124.282.42$4,632
Nov 199901,80323.192.43$4,388
Oct 19991781,92920.982.80$9,143
Sep 199902,20921.752.62$5,785
Aug 19991822,21719.262.88$9,881
Jul 199902,36017.892.37$5,599
Jun 199902,29115.942.36$5,412
May 199902,39415.792.32$5,557
Apr 199902,29415.102.21$5,065
Mar 199902,38912.471.84$4,392
Feb 199902,1429.981.82$3,894
Jan 199902,37010.381.90$4,503
Dec 199802,3939.201.77$4,244
Nov 199802,28210.892.19$4,988
Oct 199802,37512.421.97$4,677
Sep 199802,30612.592.08$4,803
Aug 199802,37811.301.91$4,536
Jul 199802,39011.742.24$5,347
Jun 199802,30611.242.24$5,159
May 199802,39812.622.21$5,291
Apr 19981842,34713.042.51$8,279
Mar 199802,44012.802.31$5,635
Feb 199802,17613.952.30$5,003
Jan 199802,40714.702.15$5,187
Dec 199702,44416.322.41$5,893
Nov 199702,32918.193.09$7,193
Oct 199702,43319.253.15$7,664
Sep 199702,32917.742.95$6,882
Aug 199702,43917.862.55$6,231
Jul 199702,46217.582.25$5,532
Jun 199702,36417.242.26$5,336
May 199702,48118.972.31$5,727
Apr 199702,39017.882.08$4,978
Mar 199702,46718.951.94$4,784
Feb 199702,26720.492.21$5,001
Jan 199702,46823.483.54$8,736
Dec 199602,51823.32$0
Nov 199602,38021.97$0
Oct 199602,49023.31$0
Sep 199602,36522.22$0
Aug 199602,41920.26$0
Jul 199602,42419.55$0
Jun 19961732,33618.73$3,240
May 199632,45419.43$58
Apr 199602,38021.51$0
Mar 199602,50719.38$0
Feb 199602,39016.98$0
Jan 199602,51517.07$0
Dec 199502,55717.19$0
Nov 19951582,51816.00$2,528
Oct 19951732,61615.43$2,669
Sep 199502,42416.18$0
Aug 199502,58515.92$0
Jul 19951812,56715.24$2,758
Jun 199502,46616.41$0
May 199502,50417.56$0
Apr 19951612,42917.73$2,855
Mar 199502,46816.44$0
Feb 199502,29016.58$0
Jan 199502,50315.92$0
Dec 199402,60715.03$0
Nov 19941832,49515.90$2,910
Oct 199402,61915.58$0
Sep 199402,60515.29$0
Aug 19941702,63916.13$2,742
Jul 19941882,44917.56$3,301
Jun 199402,59717.09$0
May 199402,67315.88$0
Apr 19941742,58114.14$2,460
Mar 199402,64112.46$0
Feb 19941752,38612.50$2,188
Jan 199402,64712.66$0
Dec 19931792,53012.33$2,207
Nov 199302,56114.49$0
Oct 199302,52015.85$0
Sep 199302,31715.03$0
Aug 199302,43015.66$0
Jul 19931842,41215.46$2,845
Jun 199302,48816.79$0
May 199302,56917.68$0
Apr 199302,48818.05$0
Mar 199302,61818.14$0
Feb 199302,36617.90$0
Jan 199302,62916.93$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.

Jun 2010 — as filed, then multipliedworked
Oil                  139 bbl  × $ 70.36 =     $9,780
Casinghead gas         0 Mcf  × $  4.91 =         $0

────────────────────────────────────────────────────
Month total                                   $9,780

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/8104 is the state's own key, not one this site invented.