MIDDLETON

Operated by BIG STAR OIL & GAS, LLC (P-5 70445) 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 64030District 8AField 00448200OilCasinghead gasSaveExport
Value, all time
$432 k
Jan 1993 – Jul 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
259
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
OilDisposition12,512 bbl$417,240
Casinghead gasProduction13,581 Mcf$14,465
Total$431,706

7,983 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 (259)

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

259 months

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 2011104083.623.99$8,696
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20111096.364.06$96
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 20101072.633.98$73
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20101070.364.91$70
May 20100071.124.24$0
Apr 2010168081.694.12$13,724
Mar 20101078.394.39$78
Feb 20102073.585.44$147
Jan 20100074.365.96$0
Dec 2009169071.445.48$12,073
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009162061.133.46$9,903
Jun 20091066.163.90$66
May 20091054.743.93$55
Apr 20090046.773.59$0
Mar 20091042.144.06$42
Feb 2009169032.814.63$5,545
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008173055.496.86$9,600
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081740114.228.48$19,874
Jul 200800131.0811.39$0
Jun 20081740131.3313.03$22,851
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008183090.388.21$16,540
Dec 20071088.337.30$88
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007167075.846.24$12,665
Aug 2007172069.066.39$11,878
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007179058.747.85$10,514
Apr 20070059.617.81$0
Mar 20071056.927.30$57
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 2006175069.376.34$12,140
Jun 20060066.286.38$0
May 2006165066.016.42$10,892
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 2005179061.4512.08$11,000
Aug 20051061.519.80$62
Jul 20050055.697.84$0
Jun 2005182052.337.38$9,524
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005180050.377.15$9,067
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 2004180039.866.75$7,175
Nov 20041045.286.33$45
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004181042.375.55$7,669
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004180037.486.49$6,746
Apr 20040034.475.86$0
Mar 2004181034.365.53$6,219
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20032030.266.30$61
Nov 2003182028.804.60$5,242
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003180029.765.13$5,357
Jul 20030229.415.17$10
Jun 20031028.565.98$29
May 20031821226.595.97$4,911
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003182033.487.93$6,093
Jan 20030130.315.58$6
Dec 20021326.914.85$41
Nov 2002181724.664.14$4,492
Oct 20020226.464.23$8
Sep 200211527.443.64$82
Aug 200202025.963.16$63
Jul 20021803824.583.06$4,541
Jun 200213323.733.34$134
May 20021825224.663.58$4,674
Apr 200205823.653.51$204
Mar 200216622.003.10$227
Feb 20021583918.222.38$2,971
Jan 200206817.172.38$162
Dec 20011826716.932.36$3,240
Nov 200119618.072.41$249
Oct 200118114619.782.53$3,949
Sep 200102024.262.25$45
Aug 20010224.873.05$6
Jul 200101023.933.20$32
Jun 200111524.563.82$82
May 200104825.524.31$207
Apr 20011828924.685.34$4,967
Mar 200113724.545.38$223
Feb 2001184927.755.77$5,158
Jan 200121227.478.40$156
Dec 200002326.889.12$210
Nov 200004932.215.66$277
Oct 2000183831.235.15$5,756
Sep 20000531.875.19$26
Aug 20001129.644.54$34
Jul 2000179328.534.09$5,119
Jun 20000129.304.40$4
May 200003427.263.68$125
Apr 20001753824.513.12$4,408
Mar 200005528.422.86$157
Feb 20001707327.622.73$4,894
Jan 200019125.272.48$251
Dec 1999012624.282.42$305
Nov 19991809523.192.43$4,405
Oct 1999011820.982.80$331
Sep 199903121.752.62$81
Aug 19991776419.262.88$3,593
Jul 199904317.892.37$102
Jun 199904615.942.36$109
May 199918115815.792.32$3,225
Apr 1999014215.102.21$314
Mar 199918318112.471.84$2,615
Feb 199911369.981.82$257
Jan 199902910.381.90$55
Dec 19980939.201.77$165
Nov 199818010310.892.19$2,185
Oct 1998015012.421.97$295
Sep 199802312.592.08$48
Aug 199801711.301.91$32
Jul 19981773211.742.24$2,150
Jun 19980011.242.24$0
May 1998013112.622.21$289
Apr 199818115613.042.51$2,751
Mar 1998016612.802.31$383
Feb 19981788013.952.30$2,667
Jan 1998015514.702.15$334
Dec 1997015716.322.41$379
Nov 199718315218.193.09$3,798
Oct 1997014819.253.15$466
Sep 199718013717.742.95$3,598
Aug 1997014617.862.55$373
Jul 199705917.582.25$133
Jun 19971809417.242.26$3,315
May 1997020718.972.31$478
Apr 199718132117.882.08$3,905
Mar 1997031218.951.94$605
Feb 1997024220.492.21$534
Jan 1997181023.483.54$4,250
Dec 1996019223.32$0
Nov 1996016921.97$0
Oct 199618323623.31$4,266
Sep 1996022722.22$0
Aug 19961699820.26$3,424
Jul 199609419.55$0
Jun 1996020418.73$0
May 199617523819.43$3,400
Apr 1996018521.51$0
Mar 199618213219.38$3,527
Feb 1996016016.98$0
Jan 199608717.07$0
Dec 199516015317.19$2,750
Nov 1995013016.00$0
Oct 199518116515.43$2,793
Sep 1995250816.18$32
Aug 1995014115.92$0
Jul 199515813915.24$2,408
Jun 199517810916.41$2,921
May 1995012917.56$0
Apr 1995117717.73$18
Mar 199517321616.44$2,844
Feb 1995019516.58$0
Jan 199517219115.92$2,738
Dec 1994013015.03$0
Nov 199418114315.90$2,878
Oct 1994016315.58$0
Sep 1994016415.29$0
Aug 199416316316.13$2,629
Jul 1994015617.56$0
Jun 199417517617.09$2,991
May 1994010015.88$0
Apr 1994015914.14$0
Mar 199418316112.46$2,280
Feb 1994011312.50$0
Jan 1994012612.66$0
Dec 199318014712.33$2,219
Nov 1993011914.49$0
Oct 199318417215.85$2,916
Sep 1993015915.03$0
Aug 199317818715.66$2,787
Jul 1993018915.46$0
Jun 199318017616.79$3,022
May 1993015517.68$0
Apr 199317913818.05$3,231
Mar 1993021218.14$0
Feb 1993014517.90$0
Jan 199318015516.93$3,047

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.

Sep 2011 — as filed, then multipliedworked
Oil                  104 bbl  × $ 83.62 =     $8,696
Casinghead gas         0 Mcf  × $  3.99 =         $0

────────────────────────────────────────────────────
Month total                                   $8,696

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/64030 is the state's own key, not one this site invented.