COOK

Operated by REMUDA OPERATING COMPANY (P-5 701606) in the ACKERLY (DEAN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 60070District 8AField 00448200OilCasinghead gasSaveExport
Value, all time
$126 k
Jan 1993 – Mar 2000
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
87
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 350 leases and 843 wells, and the rule below applies to all of them.

Discovered
1954-06-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-01-24.

The Commission's schedule remark for this field reads: RULES.

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
OilDisposition6,983 bbl$114,302
Casinghead gasProduction10,622 Mcf$11,222
Total$125,524

5,703 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 (87)

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

87 months

Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 200051025.272.48$1,289
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 199940021.752.62$870
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 199902515.942.36$59
May 199904615.792.32$107
Apr 199915817215.102.21$2,766
Mar 199909712.471.84$178
Feb 1999181739.981.82$1,939
Jan 1999018510.381.90$351
Dec 199801609.201.77$284
Nov 199818117710.892.19$2,358
Oct 1998021212.421.97$417
Sep 199817621612.592.08$2,666
Aug 1998024611.301.91$469
Jul 199818013111.742.24$2,406
Jun 1998027211.242.24$609
May 1998021412.622.21$472
Apr 199814320913.042.51$2,388
Mar 1998013612.802.31$314
Feb 199816418813.952.30$2,720
Jan 1998013914.702.15$300
Dec 199736316216.322.41$6,315
Nov 1997019518.193.09$602
Oct 1997022419.253.15$706
Sep 1997013317.742.95$393
Aug 1997018417.862.55$470
Jul 199718415117.582.25$3,574
Jun 1997021217.242.26$479
May 199718214818.972.31$3,794
Apr 1997018517.882.08$385
Mar 199718422418.951.94$3,921
Feb 1997014720.492.21$324
Jan 199705623.483.54$198
Dec 19961828323.32$4,244
Nov 1996014021.97$0
Oct 199617921023.31$4,172
Sep 199617914222.22$3,977
Aug 1996016620.26$0
Jul 199607619.55$0
Jun 19961829318.73$3,409
May 199606319.43$0
Apr 199618018321.51$3,872
Mar 1996019619.38$0
Feb 199617920616.98$3,039
Jan 1996043717.07$0
Dec 19951876417.19$3,215
Nov 199507816.00$0
Oct 19951839015.43$2,824
Sep 199501916.18$0
Aug 19951868115.92$2,961
Jul 199508215.24$0
Jun 19951778516.41$2,905
May 199509517.56$0
Apr 19951819717.73$3,209
Mar 19951778816.44$2,910
Feb 19951818916.58$3,001
Jan 199507315.92$0
Dec 1994011015.03$0
Nov 199417810115.90$2,830
Oct 1994010815.58$0
Sep 19941799515.29$2,737
Aug 199417611216.13$2,839
Jul 1994012517.56$0
Jun 199417710317.09$3,025
May 199408015.88$0
Apr 19941796514.14$2,531
Mar 19941839112.46$2,280
Feb 199408012.50$0
Jan 1994010712.66$0
Dec 199334352012.33$4,229
Nov 1993015714.49$0
Oct 199308915.85$0
Sep 19931728515.03$2,585
Aug 19931797615.66$2,803
Jul 1993012915.46$0
Jun 199313011016.79$2,183
May 19931798017.68$3,165
Apr 199308218.05$0
Mar 19931869918.14$3,374
Feb 199306817.90$0
Jan 19931829516.93$3,081

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.

Jan 2000 — as filed, then multipliedworked
Oil                   51 bbl  × $ 25.27 =     $1,289
Casinghead gas         0 Mcf  × $  2.48 =         $0

────────────────────────────────────────────────────
Month total                                   $1,289

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. 8A/O/60070 is the state's own key, not one this site invented.