DAVENPORT -3-

Operated by TEXAS CRUDE, INC. (P-5 845050) 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 9205District 7CField 14937333OilCasinghead gasSaveExport
Value, all time
$7 k
Jan 1993 – Oct 1995
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
34
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
OilDisposition425 bbl$6,505
Casinghead gasProduction3,062 Mcf$0
Total$6,505

3,062 Mcf of this lease's gas, across 13 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 (34)

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

34 months

Oct 19950015.43$0
Sep 19950016.18$0
Aug 199591015.92$1,449
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940612.50$0
Jan 19940012.66$0
Dec 199317010112.33$2,096
Nov 1993010114.49$0
Oct 1993011315.85$0
Sep 1993026615.03$0
Aug 1993021315.66$0
Jul 1993017015.46$0
Jun 1993017316.79$0
May 1993029117.68$0
Apr 199316429818.05$2,960
Mar 1993022918.14$0
Feb 1993047817.90$0
Jan 1993062316.93$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 1995 — as filed, then multipliedworked
Oil                   91 bbl  × $ 15.92 =     $1,449
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,449

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/9205 is the state's own key, not one this site invented.