MIDDLETON

Operated by MWS PRODUCING, INC. (P-5 597379) 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 64286District 8AField 00448200OilCasinghead gasSaveExport
Value, all time
$344 k
Jan 1993 – Apr 1998
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
64
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
OilDisposition19,911 bbl$341,942
Casinghead gasProduction13,675 Mcf$2,214
Total$344,156

12,809 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 (64)

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

64 months

Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 199843013.952.30$600
Jan 1998144014.702.15$2,117
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970519.253.15$16
Sep 199701517.742.95$44
Aug 199702717.862.55$69
Jul 1997188717.582.25$3,321
Jun 199711517.242.26$201
May 19977518.972.31$144
Apr 199707517.882.08$156
Mar 199736326118.951.94$7,385
Feb 199733419920.492.21$7,283
Jan 199738026723.483.54$9,868
Dec 199638420623.32$8,955
Nov 199638619921.97$8,480
Oct 199655522123.31$12,937
Sep 199636322522.22$8,066
Aug 199616822720.26$3,404
Jul 199635425819.55$6,921
Jun 199639125018.73$7,323
May 199639230719.43$7,617
Apr 199637726121.51$8,109
Mar 199635731919.38$6,919
Feb 199657629416.98$9,780
Jan 199618424617.07$3,141
Dec 199535716917.19$6,137
Nov 199571719516.00$11,472
Oct 199535818415.43$5,524
Sep 199518124316.18$2,929
Aug 199535724815.92$5,683
Jul 199535029115.24$5,334
Jun 199536131116.41$5,924
May 199535741217.56$6,269
Apr 199536337117.73$6,436
Mar 199536148316.44$5,935
Feb 199536137616.58$5,985
Jan 199554836715.92$8,724
Dec 199453438815.03$8,026
Nov 1994124315.90$16
Oct 199435925715.58$5,593
Sep 199436629115.29$5,596
Aug 199435531216.13$5,726
Jul 199436334217.56$6,374
Jun 199453037317.09$9,058
May 199435438615.88$5,622
Apr 199436032514.14$5,090
Mar 199435523512.46$4,423
Feb 199453716512.50$6,713
Jan 199454418112.66$6,887
Dec 199318323112.33$2,256
Nov 199352818614.49$7,651
Oct 199335412715.85$5,611
Sep 199335419315.03$5,321
Aug 199334636415.66$5,418
Jul 199353726015.46$8,302
Jun 199318624316.79$3,123
May 199355820917.68$9,865
Apr 199335219218.05$6,354
Mar 199352930118.14$9,596
Feb 199352617017.90$9,415
Jan 199317217216.93$2,912

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.

Feb 1998 — as filed, then multipliedworked
Oil                   43 bbl  × $ 13.95 =       $600
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                     $600

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/64286 is the state's own key, not one this site invented.