DUNN

Operated by SCYTHIAN, LTD. (P-5 760599) in the KATIE'S LUCK (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67877District 8AField 48273075OilCasinghead gasSaveExport
Value, all time
$139 k
Jan 1998 – Apr 2000
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
28
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1996-01-26
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition5,667 bbl$76,252
Casinghead gasProduction28,458 Mcf$62,694
Total$138,947

Every month this lease reported (28)

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

28 months

Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000169027.622.73$4,668
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990315.792.32$7
Apr 19991015.102.21$15
Mar 199936729312.471.84$5,115
Feb 199901,5019.981.82$2,729
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998028310.892.19$619
Oct 199811,03912.421.97$2,058
Sep 19981721,66212.592.08$5,627
Aug 19983291,67811.301.91$6,918
Jul 19981862,17411.742.24$7,047
Jun 19981852,90611.242.24$8,581
May 19989196,39712.622.21$25,712
Apr 19983751,87313.042.51$9,582
Mar 19981,0943,57212.802.31$22,253
Feb 19981,5085,07713.952.30$32,709
Jan 1998361014.702.15$5,307

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 2000 — as filed, then multipliedworked
Oil                  169 bbl  × $ 27.62 =     $4,668
Casinghead gas         0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                   $4,668

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/67877 is the state's own key, not one this site invented.