DAVIS & HALE

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) 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 60981District 8AField 00448200OilCasinghead gasSaveExport
Value, all time
$183 k
Jan 1993 – Jul 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
271
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
OilDisposition6,554 bbl$182,917
Casinghead gasProduction48 Mcf$0
Total$182,917

48 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 (271)

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

271 months

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 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011121083.404.15$10,091
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20101073.585.44$74
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 2009166046.773.59$7,764
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 200820101.909.66$204
Feb 20081092.538.77$93
Jan 200811090.388.21$994
Dec 20072088.337.30$177
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 200770056.927.30$3,984
Feb 20070055.108.22$0
Jan 2007105050.306.73$5,282
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200672068.717.34$4,947
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006145066.016.42$9,571
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006165060.598.93$9,997
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 2005133055.697.84$7,407
Jun 200560052.337.38$3,140
May 20050045.226.65$0
Apr 2005121049.207.36$5,953
Mar 20050050.377.15$0
Feb 200591045.226.31$4,115
Jan 20050043.166.32$0
Dec 2004170039.866.75$6,776
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 200458036.106.43$2,094
May 20040037.486.49$0
Apr 2004162034.475.86$5,584
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 2003163028.804.60$4,694
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 200341029.415.17$1,206
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 2003154026.675.41$4,107
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 200286024.664.14$2,121
Oct 20020026.464.23$0
Sep 200280027.443.64$2,195
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 200257023.733.34$1,353
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 200260022.003.10$1,320
Feb 20020018.222.38$0
Jan 2002107017.172.38$1,837
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 200167019.782.53$1,325
Sep 20010024.262.25$0
Aug 200197024.873.05$2,412
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 2001100025.524.31$2,552
Apr 20010024.685.34$0
Mar 2001114024.545.38$2,798
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200075032.215.66$2,416
Oct 20000031.235.15$0
Sep 200062031.875.19$1,976
Aug 20000029.644.54$0
Jul 2000104028.534.09$2,967
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000142024.513.12$3,480
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999119024.282.42$2,889
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999101019.262.88$1,945
Jul 19990017.892.37$0
Jun 199981015.942.36$1,291
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 199984012.471.84$1,047
Feb 1999009.981.82$0
Jan 199965010.381.90$675
Dec 1998009.201.77$0
Nov 199896010.892.19$1,045
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 199879011.301.91$893
Jul 19980011.742.24$0
Jun 199867011.242.24$753
May 19980012.622.21$0
Apr 199881013.042.51$1,056
Mar 19980012.802.31$0
Feb 199850013.952.30$698
Jan 199876014.702.15$1,117
Dec 19970016.322.41$0
Nov 199769018.193.09$1,255
Oct 19970019.253.15$0
Sep 199770017.742.95$1,242
Aug 19970017.862.55$0
Jul 199742017.582.25$738
Jun 199778017.242.26$1,345
May 19970018.972.31$0
Apr 199789017.882.08$1,591
Mar 19970018.951.94$0
Feb 1997100020.492.21$2,049
Jan 199769023.483.54$1,620
Dec 19960123.32$0
Nov 19960121.97$0
Oct 19960123.31$0
Sep 199680122.22$1,778
Aug 19960120.26$0
Jul 199671119.55$1,388
Jun 19960118.73$0
May 199677119.43$1,496
Apr 19960121.51$0
Mar 199652119.38$1,008
Feb 1996145116.98$2,462
Jan 19960117.07$0
Dec 19950117.19$0
Nov 19950116.00$0
Oct 199584115.43$1,296
Sep 19950116.18$0
Aug 199585115.92$1,353
Jul 19950115.24$0
Jun 199553116.41$870
May 199554117.56$948
Apr 1995117117.73$2,074
Mar 19950116.44$0
Feb 19950116.58$0
Jan 19950115.92$0
Dec 199484115.03$1,263
Nov 19940115.90$0
Oct 199452115.58$810
Sep 199459115.29$902
Aug 199478116.13$1,258
Jul 19940117.56$0
Jun 199458117.09$991
May 19940115.88$0
Apr 199486114.14$1,216
Mar 19940112.46$0
Feb 199447112.50$588
Jan 199497112.66$1,228
Dec 19930112.33$0
Nov 199394114.49$1,362
Oct 19930115.85$0
Sep 1993127115.03$1,909
Aug 19930115.66$0
Jul 19930115.46$0
Jun 199398116.79$1,645
May 19930117.68$0
Apr 1993142118.05$2,563
Mar 19930118.14$0
Feb 19930117.90$0
Jan 1993133116.93$2,252

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 2011 — as filed, then multipliedworked
Oil                  121 bbl  × $ 83.40 =    $10,091
Casinghead gas         0 Mcf  × $  4.15 =         $0

────────────────────────────────────────────────────
Month total                                  $10,091

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/60981 is the state's own key, not one this site invented.