STATE TRACT 720-S

Operated by GULF ENERGY EXPLORATION CORP. (P-5 338104) in the SHERMAN OFFSHORE, W.(1700 MIO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 149096District 02Field 83192200GasSaveExport
Value, all time
$7.2 M
Mar 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
387
no gaps in the span
Streams
1
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 other leases, and the rule below applies to all of them.

Discovered
1989-07-28
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFF 12/1/95

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
GasProduction2,117,768 Mcf$7,172,527
Total$7,172,527

387,374 Mcf of this lease's gas, across 34 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 (387)

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

387 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 20134694.403.93$181
May 2013094.834.15$0
Apr 20138293.964.28$351
Mar 2013093.623.91$0
Feb 201311091.233.42$376
Jan 20137191.603.42$243
Dec 20127086.773.42$239
Nov 2012086.953.62$0
Oct 201214089.383.40$476
Sep 2012094.672.92$0
Aug 201228392.662.91$823
Jul 20127585.133.02$227
Jun 20124879.822.52$121
May 201210391.612.49$256
Apr 2012164101.652.00$327
Mar 20120105.052.22$0
Feb 20121,702101.102.57$4,375
Jan 20125,33898.092.73$14,595
Dec 20116,61796.873.24$21,437
Nov 20116,70895.723.31$22,212
Oct 20116,75384.983.65$24,639
Sep 20115,80983.623.99$23,154
Aug 20118,25183.404.15$34,236
Jul 20118,73294.144.52$39,445
Jun 20118,90792.904.64$41,327
May 201110,01398.134.40$44,105
Apr 20118,876105.964.33$38,462
Mar 201110,37896.364.06$42,107
Feb 20118,90085.644.18$37,202
Jan 201110,71886.504.59$49,183
Dec 20109,39385.734.35$40,838
Nov 201010,23380.843.80$38,838
Oct 201011,18078.103.51$39,229
Sep 201011,15272.633.98$44,379
Aug 201011,79473.684.42$52,122
Jul 20105,05272.554.74$23,929
Jun 20107,40270.364.91$36,347
May 201011,52171.124.24$48,794
Apr 201013,79381.694.12$56,864
Mar 201015,45778.394.39$67,836
Feb 20101,89673.585.44$10,319
Jan 20106,32474.365.96$37,717
Dec 200910,89271.445.48$59,729
Nov 200913,04374.593.75$48,931
Oct 20097,86972.544.11$32,344
Sep 200912,25465.543.06$37,555
Aug 200911,41667.423.22$36,742
Jul 20097,73561.133.46$26,798
Jun 200912,41566.163.90$48,356
May 20097,77254.743.93$30,511
Apr 20097,77346.773.59$27,886
Mar 20097,55142.144.06$30,650
Feb 20091,48432.814.63$6,875
Jan 20092,94535.865.37$15,818
Dec 20082,37637.105.98$14,202
Nov 20082,61455.496.86$17,933
Oct 20082,22375.246.92$15,388
Sep 20083,163101.767.88$24,915
Aug 20083,255114.228.48$27,612
Jul 20083,416131.0811.39$38,906
Jun 20081,499131.3313.03$19,536
May 20082,945123.1711.57$34,086
Apr 20084,049110.3110.45$42,332
Mar 20082,944101.909.66$28,451
Feb 20083,24092.538.77$28,417
Jan 20082,73090.388.21$22,402
Dec 20073,89088.337.30$28,405
Nov 20074,26391.677.29$31,085
Oct 20073,06382.856.92$21,202
Sep 20072,39775.846.24$14,967
Aug 20075,19769.066.39$33,198
Jul 20072,04870.906.39$13,083
Jun 20073,73262.007.55$28,171
May 20073,28558.747.85$25,775
Apr 20073,33159.617.81$25,999
Mar 20074,85056.927.30$35,415
Feb 20074,85155.108.22$39,856
Jan 20074,47850.306.73$30,123
Dec 20064,62656.656.92$32,005
Nov 20062,72254.207.62$20,735
Oct 20062,31754.906.01$13,934
Sep 20062,18360.085.04$10,996
Aug 20063,29268.717.34$24,163
Jul 20063,33169.376.34$21,128
Jun 20063,33866.286.38$21,309
May 20063,67866.016.42$23,631
Apr 20061,90164.397.36$13,992
Mar 20064,80756.707.08$34,048
Feb 20065,24457.597.75$40,647
Jan 20062,86260.598.93$25,567
Dec 20054,67254.9413.42$62,677
Nov 20054,50754.6910.59$47,722
Oct 20054,15258.3413.80$57,280
Sep 20055,26861.4512.08$63,632
Aug 20053,00961.519.80$29,479
Jul 20057,44855.697.84$58,419
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 20054,11049.207.36$30,252
Mar 20053,92050.377.15$28,047
Feb 20054,65645.226.31$29,388
Jan 20054,61643.166.32$29,183
Dec 20044,47539.866.75$30,211
Nov 20042,97145.286.33$18,808
Oct 20043,96249.706.52$25,813
Sep 20044,11643.245.28$21,749
Aug 20042,30842.375.55$12,811
Jul 20043,50338.286.08$21,313
Jun 20043,27936.106.43$21,094
May 20043,56937.486.49$23,179
Apr 20044,20134.475.86$24,611
Mar 20048,26934.365.53$45,729
Feb 20046,15532.455.51$33,912
Jan 20048,32332.036.30$52,432
Dec 20039,43630.266.30$59,462
Nov 200316,17928.804.60$74,345
Oct 200316,68128.174.76$79,396
Sep 200316,39126.314.75$77,847
Aug 200314,80029.765.13$75,920
Jul 200314,34329.415.17$74,165
Jun 20032,16828.565.98$12,971
May 20039,53726.595.97$56,961
Apr 20033,79126.675.41$20,499
Mar 20039,63331.146.10$58,723
Feb 200311,46833.487.93$90,894
Jan 200310,37530.315.58$57,914
Dec 200210,81226.914.85$52,479
Nov 200210,86024.664.14$44,927
Oct 200214,76126.464.23$62,426
Sep 200216,73427.443.64$60,831
Aug 20022,79925.963.16$8,856
Jul 20023,19324.583.06$9,776
Jun 20029,89223.733.34$33,022
May 200211,02224.663.58$39,503
Apr 200212,48923.653.51$43,865
Mar 200223,61522.003.10$73,271
Feb 200223,10018.222.38$54,878
Jan 200229,41117.172.38$69,871
Dec 200128,57216.932.36$67,556
Nov 200115,72018.072.41$37,815
Oct 200114,56519.782.53$36,833
Sep 200116,21724.262.25$36,510
Aug 200122,36424.873.05$68,281
Jul 200117,04023.933.20$54,478
Jun 200116,37524.563.82$62,621
May 200120,23225.524.31$87,146
Apr 200121,35224.685.34$113,920
Mar 200120,80124.545.38$111,835
Feb 200121,15527.755.77$122,003
Jan 200128,76527.478.40$241,590
Dec 200017,72026.889.12$161,651
Nov 200016,91932.215.66$95,728
Oct 200022,55031.235.15$116,031
Sep 20003,02131.875.19$15,668
Aug 200057129.644.54$2,593
Jul 20002,41628.534.09$9,881
Jun 20001,91729.304.40$8,430
May 200019,30127.263.68$71,023
Apr 200025,77624.513.12$80,318
Mar 200011,06428.422.86$31,640
Feb 200025027.622.73$682
Jan 20004,22725.272.48$10,485
Dec 199916,27224.282.42$39,439
Nov 199916,73423.192.43$40,730
Oct 199919,54820.982.80$54,807
Sep 199918,89721.752.62$49,488
Aug 199920,49219.262.88$58,927
Jul 199929,06417.892.37$68,951
Jun 199912,39315.942.36$29,274
May 199910,46015.792.32$24,278
Apr 199911,66215.102.21$25,750
Mar 199910,76612.471.84$19,791
Feb 19999,9289.981.82$18,047
Jan 199917,46810.381.90$33,188
Dec 19988,1959.201.77$14,532
Nov 199812,16610.892.19$26,591
Oct 199811,97912.421.97$23,589
Sep 199817,81512.592.08$37,102
Aug 19988,63711.301.91$16,474
Jul 19987,01911.742.24$15,703
Jun 19987,08011.242.24$15,840
May 199816,81212.622.21$37,093
Apr 199816,81913.042.51$42,137
Mar 199822,36012.802.31$51,639
Feb 19981,85213.952.30$4,258
Jan 199828,27214.702.15$60,920
Dec 19979,98816.322.41$24,082
Nov 199713,30418.193.09$41,086
Oct 19978,94519.253.15$28,175
Sep 199712,03017.742.95$35,547
Aug 19974,10217.862.55$10,480
Jul 199718,05517.582.25$40,569
Jun 199714,50617.242.26$32,743
May 199716,53518.972.31$38,171
Apr 199712,02917.882.08$25,054
Mar 199717,32318.951.94$33,592
Feb 199714,09920.492.21$31,101
Jan 199715,53923.483.54$55,003
Dec 199637,90423.32$0
Nov 199612,71221.97$0
Oct 199616,88923.31$0
Sep 199615,92822.22$0
Aug 199617,72520.26$0
Jul 199616,81219.55$0
Jun 199614,08218.73$0
May 199614,92519.43$0
Apr 199621,75621.51$0
Mar 19966,56919.38$0
Feb 199633016.98$0
Jan 199692217.07$0
Dec 199515,40817.19$0
Nov 19958,29116.00$0
Oct 199510,28515.43$0
Sep 199519,28116.18$0
Aug 199511,86915.92$0
Jul 19959,66615.24$0
Jun 19955,48016.41$0
May 199535117.56$0
Apr 19958217.73$0
Mar 199543716.44$0
Feb 199570716.58$0
Jan 19955,87315.92$0
Dec 199411,01615.03$0
Nov 199413,13015.90$0
Oct 199412,87515.58$0
Sep 199416,53715.29$0
Aug 199412,97416.13$0
Jul 19949,19617.56$0
Jun 199410,03117.09$0
May 199414,84815.88$0
Apr 199414,31414.14$0
Mar 19948,16912.46$0

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.

Jun 2013 — as filed, then multipliedworked
Gas                   46 Mcf  × $  3.93 =       $181

────────────────────────────────────────────────────
Month total                                     $181

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. 02/G/149096 is the state's own key, not one this site invented.