STATE TRACT 24-L S/2 SW/4

Operated by W&T OFFSHORE, INC. (P-5 887952) in the HIGH ISLAND BLK 24L (LJ) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 230456District 03Field 41209975CondensateGasSaveExport
Value, all time
$287.0 M
Nov 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
235
no gaps in the span
Streams
2
condensate, 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
2006-11-03
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: AOF-1 AND AOF-2 EFFECTIVE 06/01/2009.

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
CondensateDisposition318,614 bbl$25,040,133
GasProduction53,812,373 Mcf$261,944,040
Total$286,984,173

Every month this lease reported (235)

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

235 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202403,51775.632.06$7,258
Jul 202405,22179.932.15$11,207
Jun 202404,70378.082.63$12,388
May 202405,58378.812.20$12,274
Apr 2024011,64684.451.66$19,323
Mar 2024013,62580.301.55$21,052
Feb 202407,39976.091.78$13,197
Jan 202402,01273.023.30$6,635
Dec 2023013,66571.262.61$35,675
Nov 202303,70977.892.81$10,413
Oct 20230085.443.09$0
Sep 2023012289.042.74$334
Aug 20230080.522.67$0
Jul 2023013974.852.64$367
Jun 2023215068.962.26$14,826
May 202302,20870.622.23$4,918
Apr 2023039778.122.24$888
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20212,4651961.302.72$151,156
Feb 202104157.805.55$227
Jan 2021056250.412.81$1,579
Dec 2020039844.642.68$1,065
Nov 202004,04038.772.71$10,935
Oct 202002,06636.972.48$5,120
Sep 202005,06237.091.99$10,079
Aug 202004,14239.982.39$9,879
Jul 20200038.371.83$0
Jun 2020034,34434.901.69$58,052
May 2020036,41216.921.81$66,079
Apr 2020040,47714.751.80$73,036
Mar 2020053,73930.341.86$99,752
Feb 2020025,74949.881.98$51,000
Jan 2020046,38957.252.09$97,173
Dec 2019057,88059.012.30$133,376
Nov 2019035,71655.302.75$98,244
Oct 2019948,31053.472.42$117,321
Sep 201916348,14255.052.66$136,900
Aug 201913864,16653.112.30$155,191
Jul 201914266,09256.272.46$170,581
Jun 201912741,17852.782.49$109,286
May 201916244,69058.482.74$131,939
Apr 201922090,92362.632.75$263,881
Mar 201923957,06856.803.06$188,323
Feb 201926572,37450.852.79$215,559
Jan 20192,97870,04646.033.23$363,198
Dec 201829748,57646.594.19$217,149
Nov 2018188109,17552.934.24$472,552
Oct 201819582,04961.443.40$290,790
Sep 20183,569119,42459.543.11$583,668
Aug 2018152128,12559.403.07$401,932
Jul 201827314,13665.142.93$59,228
Jun 201818186,13760.183.08$275,929
May 2018220113,89165.382.90$344,759
Apr 20183,200130,54963.842.90$582,985
Mar 2018260140,49061.222.79$407,440
Feb 2018153153,20261.782.77$433,227
Jan 20182,003128,96362.874.01$642,983
Dec 201718485,81357.272.92$261,242
Nov 2017147143,72855.423.12$456,342
Oct 2017306196,16449.292.98$600,373
Sep 20172,080187,19747.523.09$676,771
Aug 2017103172,43845.373.00$522,746
Jul 2017108181,19143.873.09$564,125
Jun 201792157,45142.493.09$490,004
May 2017145225,57645.373.26$742,723
Apr 2017931223,82747.933.21$763,466
Mar 201761248,23546.772.98$743,507
Feb 201727197,52950.452.95$584,586
Jan 20172,252240,05549.413.42$931,971
Dec 2016136216,98848.763.72$814,441
Nov 20161,055268,76742.492.64$755,541
Oct 20162,060265,88046.193.09$916,790
Sep 2016115265,67841.553.10$828,547
Aug 20162,105294,33741.442.92$947,973
Jul 201694310,46341.622.92$911,812
Jun 20161,241265,09345.352.69$768,274
May 20161,312264,95542.521.99$583,322
Apr 20161,969244,59836.561.99$558,991
Mar 20161,071308,61433.011.79$589,010
Feb 2016135236,37626.472.06$491,366
Jan 20161,252213,38627.352.36$538,764
Dec 201561266,36032.362.00$535,070
Nov 20151,701245,18538.792.17$597,379
Oct 2015121241,62243.552.43$591,585
Sep 20152,411306,25042.992.76$948,415
Aug 201562286,85040.162.87$826,464
Jul 20151,574233,91048.152.95$764,672
Jun 2015221193,07156.152.88$569,006
May 20151,935311,22255.212.96$1,026,632
Apr 20153,341324,37749.822.71$1,044,398
Mar 20153,171348,35142.892.93$1,158,313
Feb 20155,162328,50144.662.98$1,208,216
Jan 201582350,82243.433.10$1,091,330
Dec 2014905370,16254.693.59$1,378,879
Nov 201477294,51670.464.25$1,257,660
Oct 20144,667344,45678.303.90$1,709,135
Sep 201488303,29986.164.05$1,234,560
Aug 20143,698309,52489.394.04$1,579,531
Jul 2014780357,10796.564.18$1,567,881
Jun 201479399,38098.164.74$1,899,570
May 20145,089422,15194.734.73$2,477,403
Apr 20147,271429,51295.944.81$2,763,154
Mar 2014156405,91295.895.06$2,067,575
Feb 20141,086360,93697.406.19$2,340,692
Jan 20141,842335,03790.404.86$1,795,038
Dec 20133,553352,25791.824.35$1,860,133
Nov 2013121344,77788.853.74$1,299,624
Oct 20133,415411,40997.423.78$1,887,552
Sep 201374397,384104.113.72$1,485,075
Aug 2013898403,113104.253.52$1,513,626
Jul 20131,145412,138102.523.72$1,649,607
Jun 20131,843367,91494.403.93$1,621,136
May 20132,106372,74994.834.15$1,746,277
Apr 20133,909416,48993.964.28$2,150,941
Mar 20132,492441,50093.623.91$1,960,833
Feb 2013101431,83591.233.42$1,486,051
Jan 20134,372316,10991.603.42$1,481,540
Dec 2012269313,30586.773.42$1,094,894
Nov 20122,605300,95686.953.62$1,317,458
Oct 20121,678320,63589.383.40$1,240,036
Sep 20126,105298,52394.672.92$1,449,170
Aug 201258311,35492.662.91$910,842
Jul 201289314,53985.133.02$957,736
Jun 20121,081307,40579.822.52$860,651
May 20128,495320,52091.612.49$1,575,783
Apr 201288346,697101.652.00$701,230
Mar 201254331,348105.052.22$741,954
Feb 20121,051318,735101.102.57$925,482
Jan 20121,275364,87798.092.73$1,122,668
Dec 20112,439405,06796.873.24$1,548,578
Nov 201150383,47295.723.31$1,274,569
Oct 20116,367421,28084.983.65$2,078,125
Sep 20112,800426,93883.623.99$1,935,825
Aug 20113,625442,44283.404.15$2,138,158
Jul 20111,834409,77594.144.52$2,023,705
Jun 201158429,19792.904.64$1,996,811
May 20114,041443,14998.134.40$2,348,535
Apr 20111,114420,712105.964.33$1,941,102
Mar 20114,055452,86696.364.06$2,228,171
Feb 2011752418,04185.644.18$1,811,804
Jan 20111,396501,82686.504.59$2,423,523
Dec 20101,391402,54285.734.35$1,869,402
Nov 20102,840398,78680.843.80$1,743,110
Oct 20102,951406,82078.103.51$1,657,960
Sep 20104,547392,89772.633.98$1,893,770
Aug 20101,973412,87473.684.42$1,970,009
Jul 2010352480,77272.554.74$2,302,709
Jun 20108,995472,83970.364.91$2,954,717
May 20102,159488,06971.124.24$2,220,628
Apr 20103,873474,14181.694.12$2,271,122
Mar 20103,679490,79678.394.39$2,442,338
Feb 20101,567445,70173.585.44$2,540,965
Jan 20100493,08474.365.96$2,940,797
Dec 200949487,03071.445.48$2,674,251
Nov 20091,339488,37574.593.75$1,932,015
Oct 20095,726502,22672.544.11$2,479,638
Sep 20094,144488,20865.543.06$1,767,833
Aug 20092,575578,96467.423.22$2,037,002
Jul 20093,248599,20261.133.46$2,274,486
Jun 20093,466606,66466.163.90$2,592,267
May 20093,585623,61854.743.93$2,644,411
Apr 20093,727766,36246.773.59$2,923,635
Mar 20094,939780,85742.144.06$3,377,628
Feb 20093,900706,11532.814.63$3,399,390
Jan 20092,967838,22835.865.37$4,608,519
Dec 20085,818836,19837.105.98$5,213,920
Nov 20085,631828,89855.496.86$5,999,003
Oct 20083,569856,71675.246.92$6,198,703
Sep 20080327,070101.767.88$2,576,360
Aug 20086,308745,402114.228.48$7,043,760
Jul 20085,186934,221131.0811.39$11,320,026
Jun 20084,275914,031131.3313.03$12,473,664
May 20084,982691,132123.1711.57$8,612,995
Apr 20086,203949,688110.3110.45$10,613,108
Mar 20089,0321,180,755101.909.66$12,331,260
Feb 20089,2801,144,93692.538.77$10,900,431
Jan 20087,3251,201,92590.388.21$10,524,706
Dec 200711,0761,106,76788.337.30$9,059,923
Nov 20077,22590,51991.677.29$1,322,353
Oct 200792927,81082.856.92$269,468
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006018,26254.207.62$139,110

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.

Aug 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.63 =         $0
Gas                3,517 Mcf  × $  2.06 =     $7,258

────────────────────────────────────────────────────
Month total                                   $7,258

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. 03/G/230456 is the state's own key, not one this site invented.