RICARTORN B

Operated by FW EAGLE FORD I, LLC (P-5 103899) in the EAGLEVILLE (EAGLE FORD-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21016District 01Field 27135700Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.3 M
Mar 2023 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
39
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 5,086 leases and 10,995 wells, and the rule below applies to all of them.

Discovered
2009-08-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-02-28.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition254,414 bbl$18,998,412
Casinghead gasProduction125,888 Mcf$340,218
Total$19,338,630

Every month this lease reported (39)

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

39 months

May 20261,8071,511106.413.05$196,885
Apr 20262,5551,82498.932.87$258,001
Mar 20262,0531,72389.753.15$189,683
Feb 20261,9141,59163.503.75$127,506
Jan 20262,8651,13659.138.00$178,493
Dec 20252,7501,62956.664.41$163,004
Nov 20252,6281,48258.593.93$159,794
Oct 20252,34799659.383.30$142,656
Sep 20252,6001,22162.743.08$166,881
Aug 20252,3881,12963.933.01$156,069
Jul 20252,6941,16366.743.32$183,653
Jun 20252,6371,45966.483.13$179,873
May 20254,7102,93160.553.23$294,664
Apr 202585329862.363.54$54,249
Mar 20253,8272,62867.704.27$270,305
Feb 20253,4461,52870.884.34$250,885
Jan 20254,5023,06474.324.28$347,699
Dec 20244,7243,24868.993.12$336,047
Nov 20244,9573,85369.052.20$350,751
Oct 20244,7203,61771.372.28$345,118
Sep 20245,0343,91369.612.36$359,668
Aug 20245,7394,23375.632.06$442,776
Jul 20245,8314,51179.932.15$475,755
Jun 20246,1784,09478.082.63$493,162
May 20246,7994,43478.812.20$545,577
Apr 20246,8183,35684.451.66$581,348
Mar 20243,9751,37080.301.55$321,309
Feb 20245,4591,87376.091.78$418,716
Jan 20245,4541,86973.023.30$404,414
Dec 20236,3252,77271.262.61$457,956
Nov 20236,8323,07177.892.81$540,767
Oct 20238,9344,05285.443.09$775,831
Sep 202310,2234,37589.042.74$922,222
Aug 202312,6043,97080.522.67$1,025,485
Jul 202311,1844,00174.852.64$847,692
Jun 202313,2764,51168.962.26$925,701
May 202317,8716,63670.622.23$1,276,831
Apr 202321,60710,25078.122.24$1,710,876
Mar 202333,29414,56672.852.39$2,460,327

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.

May 2026 — as filed, then multipliedworked
Oil                1,807 bbl  × $106.41 =   $192,283
Casinghead gas     1,511 Mcf  × $  3.05 =     $4,602

────────────────────────────────────────────────────
Month total                                 $196,885

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. 01/O/21016 is the state's own key, not one this site invented.