ALBERT

Operated by CROWNQUEST OPERATING, LLC (P-5 191554) 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 60098District 8AField 00448200OilCasinghead gasSaveExport
Value, all time
$897 k
Jan 1993 – Feb 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
278
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
OilDisposition17,172 bbl$698,018
Casinghead gasProduction52,870 Mcf$198,728
Total$896,746

12,567 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 (278)

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

278 months

Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013037104.253.52$130
Jul 2013022102.523.72$82
Jun 20130094.403.93$0
May 2013151894.834.15$14,353
Apr 20130093.964.28$0
Mar 2013159093.623.91$14,886
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012168086.773.42$14,577
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20121781294.672.92$16,886
Aug 201202892.662.91$81
Jul 201202985.133.02$88
Jun 20121719679.822.52$13,891
May 201201491.612.49$35
Apr 201206101.652.00$12
Mar 20121810105.052.22$19,014
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011155096.873.24$15,015
Nov 20110095.723.31$0
Oct 2011178084.983.65$15,126
Sep 201101583.623.99$60
Aug 201104183.404.15$170
Jul 20111763794.144.52$16,736
Jun 201103792.904.64$172
May 201102098.134.40$88
Apr 20111839105.964.33$19,430
Mar 20110096.364.06$0
Feb 20110685.644.18$25
Jan 2011015386.504.59$702
Dec 2010017985.734.35$778
Nov 201018918980.843.80$15,996
Oct 2010018578.103.51$649
Sep 2010021072.633.98$836
Aug 2010022173.684.42$977
Jul 201017920972.554.74$13,976
Jun 2010020670.364.91$1,012
May 2010020071.124.24$847
Apr 2010016981.694.12$697
Mar 201018018378.394.39$14,913
Feb 2010017073.585.44$925
Jan 2010014874.365.96$883
Dec 200917116871.445.48$13,138
Nov 2009015674.593.75$585
Oct 2009014072.544.11$575
Sep 2009013965.543.06$426
Aug 200917321467.423.22$12,352
Jul 2009023761.133.46$821
Jun 2009022366.163.90$869
May 200915719354.743.93$9,352
Apr 2009020346.773.59$728
Mar 2009020342.144.06$824
Feb 200917018132.814.63$6,416
Jan 2009019435.865.37$1,042
Dec 2008020137.105.98$1,201
Nov 200815819155.496.86$10,078
Oct 2008020975.246.92$1,447
Sep 2008180220101.767.88$20,050
Aug 20080232114.228.48$1,968
Jul 2008177238131.0811.39$25,912
Jun 20080233131.3313.03$3,037
May 20080210123.1711.57$2,431
Apr 20080230110.3110.45$2,405
Mar 2008169226101.909.66$19,405
Feb 2008020692.538.77$1,807
Jan 2008021590.388.21$1,764
Dec 200717721788.337.30$17,219
Nov 2007022091.677.29$1,604
Oct 200717524682.856.92$16,202
Sep 2007025275.846.24$1,574
Aug 200716625869.066.39$13,112
Jul 2007025370.906.39$1,616
Jun 2007022162.007.55$1,668
May 200716825258.747.85$11,846
Apr 2007022459.617.81$1,748
Mar 2007017256.927.30$1,256
Feb 200717520555.108.22$11,327
Jan 2007022550.306.73$1,514
Dec 2006022856.656.92$1,577
Nov 200617622854.207.62$11,276
Oct 2006024054.906.01$1,443
Sep 200617724160.085.04$11,848
Aug 2006025468.717.34$1,864
Jul 2006025769.376.34$1,630
Jun 200616625466.286.38$12,624
May 2006026266.016.42$1,683
Apr 200617524564.397.36$13,072
Mar 2006024556.707.08$1,735
Feb 2006021357.597.75$1,651
Jan 200617622360.598.93$12,656
Dec 2005022354.9413.42$2,992
Nov 200517520854.6910.59$11,773
Oct 2005022758.3413.80$3,132
Sep 200517422861.4512.08$13,446
Aug 2005023961.519.80$2,341
Jul 200516623555.697.84$11,088
Jun 2005022252.337.38$1,639
May 2005023445.226.65$1,556
Apr 2005025849.207.36$1,899
Mar 200506350.377.15$451
Feb 200512413445.226.31$6,453
Jan 200518024343.166.32$9,305
Dec 2004025339.866.75$1,708
Nov 2004020645.286.33$1,304
Oct 200417925249.706.52$10,538
Sep 2004025043.245.28$1,321
Aug 2004025842.375.55$1,432
Jul 20041729438.286.08$7,156
Jun 20040036.106.43$0
May 200417020237.486.49$7,684
Apr 2004024034.475.86$1,406
Mar 200418224734.365.53$7,619
Feb 2004022332.455.51$1,229
Jan 2004023532.036.30$1,480
Dec 200317423730.266.30$6,759
Nov 2003023628.804.60$1,084
Oct 200317623728.174.76$6,086
Sep 2003024626.314.75$1,168
Aug 2003026229.765.13$1,344
Jul 200317526229.415.17$6,502
Jun 2003024928.565.98$1,490
May 200316726026.595.97$5,993
Apr 2003025526.675.41$1,379
Mar 2003021831.146.10$1,329
Feb 200319621733.487.93$8,282
Jan 2003024030.315.58$1,340
Dec 200220223726.914.85$6,586
Nov 2002023724.664.14$980
Oct 2002025426.464.23$1,074
Sep 200219125927.443.64$6,183
Aug 2002027325.963.16$864
Jul 200219327624.583.06$5,589
Jun 2002021023.733.34$701
May 2002026524.663.58$950
Apr 200219524923.653.51$5,486
Mar 2002025222.003.10$782
Feb 2002022318.222.38$530
Jan 200219425317.172.38$3,932
Dec 2001025316.932.36$598
Nov 2001025118.072.41$604
Oct 200119827019.782.53$4,599
Sep 2001026424.262.25$594
Aug 2001025824.873.05$788
Jul 200119130023.933.20$5,530
Jun 2001028524.563.82$1,090
May 200119428425.524.31$6,174
Apr 2001026724.685.34$1,425
Mar 2001025924.545.38$1,393
Feb 200118123227.755.77$6,361
Jan 2001020527.478.40$1,722
Dec 200019420526.889.12$7,085
Nov 2000021832.215.66$1,233
Oct 2000027031.235.15$1,389
Sep 200019428131.875.19$7,640
Aug 2000029729.644.54$1,349
Jul 200019430428.534.09$6,778
Jun 2000028729.304.40$1,262
May 2000029727.263.68$1,093
Apr 200019126724.513.12$5,513
Mar 2000025028.422.86$715
Feb 2000025027.622.73$682
Jan 200017626025.272.48$5,092
Dec 1999025924.282.42$628
Nov 199920026623.192.43$5,285
Oct 1999027920.982.80$782
Sep 199919428321.752.62$4,961
Aug 1999030919.262.88$889
Jul 1999030717.892.37$728
Jun 199916828515.942.36$3,351
May 1999028915.792.32$671
Apr 199918427215.102.21$3,379
Mar 1999028512.471.84$524
Feb 1999822479.981.82$1,267
Jan 199926226610.381.90$3,225
Dec 199802629.201.77$465
Nov 1998027010.892.19$590
Oct 199817729312.421.97$2,775
Sep 1998029612.592.08$616
Aug 199817830911.301.91$2,601
Jul 1998031211.742.24$698
Jun 1998029811.242.24$667
May 199817730912.622.21$2,916
Apr 1998028113.042.51$704
Mar 199818325112.802.31$2,922
Feb 1998023713.952.30$545
Jan 199817527714.702.15$3,169
Dec 1997027116.322.41$653
Nov 1997027218.193.09$840
Oct 199718230319.253.15$4,458
Sep 1997030117.742.95$889
Aug 199718223617.862.55$3,853
Jul 1997023517.582.25$528
Jun 199718016417.242.26$3,473
May 1997015718.972.31$362
Apr 199718426517.882.08$3,842
Mar 1997028418.951.94$551
Feb 199717625920.492.21$4,178
Jan 1997028323.483.54$1,002
Dec 199616622923.32$3,871
Nov 1996030721.97$0
Oct 1996025323.31$0
Sep 199618425622.22$4,088
Aug 1996026120.26$0
Jul 1996030019.55$0
Jun 199616428618.73$3,072
May 1996029319.43$0
Apr 199616728221.51$3,592
Mar 1996025819.38$0
Feb 199618221316.98$3,090
Jan 1996024617.07$0
Dec 199516826917.19$2,888
Nov 1995122216.00$16
Oct 199517825715.43$2,747
Sep 1995023016.18$0
Aug 199517328515.92$2,754
Jul 1995029615.24$0
Jun 199517027916.41$2,790
May 1995128417.56$18
Apr 199517222417.73$3,050
Mar 1995022916.44$0
Feb 199517920816.58$2,968
Jan 1995027815.92$0
Dec 199418327515.03$2,750
Nov 1994028115.90$0
Oct 199417729315.58$2,758
Sep 1994035315.29$0
Aug 199417931216.13$2,887
Jul 1994029217.56$0
Jun 199418027617.09$3,076
May 1994015515.88$0
Apr 1994021914.14$0
Mar 199418526212.46$2,305
Feb 1994019212.50$0
Jan 199418125212.66$2,291
Dec 1993027212.33$0
Nov 199317222914.49$2,492
Oct 1993024215.85$0
Sep 199317820815.03$2,675
Aug 1993022615.66$0
Jul 1993027415.46$0
Jun 199316330416.79$2,737
May 1993028917.68$0
Apr 199317227518.05$3,105
Mar 1993030018.14$0
Feb 199318126817.90$3,240
Jan 1993027316.93$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 2013 — as filed, then multipliedworked
Oil                    0 bbl  × $104.25 =         $0
Casinghead gas        37 Mcf  × $  3.52 =       $130

────────────────────────────────────────────────────
Month total                                     $130

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/60098 is the state's own key, not one this site invented.