STATE LEASE 59455

Operated by JEFFERSON BLOCK 24 OIL & GAS LLC (P-5 430717) in the HIGH IS. BLK. 24L (FB-C, HC) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 47122District 03Field 41209200CondensateGasSaveExport
Value, all time
$6.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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
1969-01-21
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST EFF 9-1-92

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
CondensateDisposition3,720 bbl$129,458
GasProduction3,078,799 Mcf$6,511,623
Total$6,641,081

1,538,765 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 (401)

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

401 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 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
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 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201606945.352.69$185
May 20160042.521.99$0
Apr 201606136.561.99$121
Mar 20160033.011.79$0
Feb 201606126.472.06$126
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201501,61838.792.17$3,507
Oct 20150043.552.43$0
Sep 201523525942.992.76$10,817
Aug 20150040.162.87$0
Jul 20150648.152.95$18
Jun 2015010256.152.88$294
May 2015032555.212.96$961
Apr 2015049949.822.71$1,351
Mar 201502,66942.892.93$7,833
Feb 201508,19244.662.98$24,381
Jan 2015013,60343.433.10$42,178
Dec 2014014,24754.693.59$51,166
Nov 201409,44170.464.25$40,142
Oct 2014014,03078.303.90$54,730
Sep 2014012,81986.164.05$51,859
Aug 2014014,27489.394.04$57,597
Jul 2014013,42696.564.18$56,115
Jun 201404,54098.164.74$21,505
May 2014161,54194.734.73$8,799
Apr 2014321,75495.944.81$11,505
Mar 201433,01195.895.06$15,514
Feb 201404,34597.406.19$26,904
Jan 20140090.404.86$0
Dec 2013054191.824.35$2,356
Nov 201307,36988.853.74$27,547
Oct 2013014,64197.423.78$55,334
Sep 2013016,888104.113.72$62,785
Aug 2013018,215104.253.52$64,164
Jul 20138513,909102.523.72$60,424
Jun 201312214,74894.403.93$69,527
May 20131015,23194.834.15$64,143
Apr 2013016,52193.964.28$70,753
Mar 2013016,62293.623.91$65,040
Feb 2013014,30991.233.42$48,935
Jan 2013114,67691.603.42$50,282
Dec 20122317,47186.773.42$61,749
Nov 20128020,53486.953.62$81,391
Oct 20122720,15289.383.40$70,924
Sep 2012021,04894.672.92$61,426
Aug 2012026,68592.662.91$77,604
Jul 2012029,50185.133.02$89,117
Jun 2012720,89679.822.52$53,197
May 20125023,21491.612.49$62,344
Apr 2012022,828101.652.00$45,583
Mar 20124822,342105.052.22$54,688
Feb 20126423,113101.102.57$65,876
Jan 20125220,31598.092.73$60,644
Dec 2011023,06696.873.24$74,728
Nov 2011115,62195.723.31$51,821
Oct 20110184.983.65$4
Sep 2011031683.623.99$1,260
Aug 201104,50783.404.15$18,701
Jul 2011018,90694.144.52$85,403
Jun 20111516,19192.904.64$76,518
May 20114116,27698.134.40$75,716
Apr 20111819,488105.964.33$86,354
Mar 2011219,07296.364.06$77,574
Feb 2011015,07585.644.18$63,013
Jan 2011018,06586.504.59$82,896
Dec 2010118,79285.734.35$81,789
Nov 2010016,98480.843.80$64,460
Oct 2010024,90378.103.51$87,382
Sep 2010025,29872.633.98$100,673
Aug 2010030,26973.684.42$133,770
Jul 2010026,89472.554.74$127,383
Jun 2010024,99970.364.91$122,755
May 2010024,19171.124.24$102,454
Apr 2010026,71581.694.12$110,138
Mar 2010026,81178.394.39$117,665
Feb 2010027,43673.585.44$149,317
Jan 2010027,95974.365.96$166,750
Dec 2009023,34071.445.48$127,991
Nov 2009030,98174.593.75$116,225
Oct 2009031,68972.544.11$130,250
Sep 2009031,87265.543.06$97,680
Aug 2009030,75367.423.22$98,979
Jul 2009029,07361.133.46$100,723
Jun 2009028,68166.163.90$111,713
May 2009033,96154.743.93$133,322
Apr 2009033,32546.773.59$119,553
Mar 2009029,42342.144.06$119,428
Feb 2009026,78532.814.63$124,095
Jan 2009026,53135.865.37$142,498
Dec 2008022,03737.105.98$131,718
Nov 200805,73855.496.86$39,365
Oct 200802,18075.246.92$15,090
Sep 200801,079101.767.88$8,499
Aug 2008010,137114.228.48$85,992
Jul 20081918,506131.0811.39$213,263
Jun 20080306131.3313.03$3,988
May 200800123.1711.57$0
Apr 2008090110.3110.45$941
Mar 200831,228101.909.66$12,173
Feb 200806,41992.538.77$56,298
Jan 200802,17090.388.21$17,806
Dec 2007029,46788.337.30$215,167
Nov 20071426,35491.677.29$193,449
Oct 2007019,06382.856.92$131,954
Sep 200707,72675.846.24$48,242
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 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
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 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 1998025911.242.24$579
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998043812.802.31$1,012
Feb 1998033413.952.30$768
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997023917.582.25$537
Jun 19972138717.242.26$1,236
May 19972251,89118.972.31$8,634
Apr 19972772,22417.882.08$9,585
Mar 19971961,75118.951.94$7,110
Feb 19971682,05520.492.21$7,975
Jan 1997961,04623.483.54$5,957
Dec 19964758223.32$1,096
Nov 1996218,65021.97$44
Oct 19961928,51423.31$443
Sep 19962228,18622.22$489
Aug 19962228,67420.26$446
Jul 19962228,57219.55$430
Jun 19962523,63318.73$468
May 19964820,86819.43$933
Apr 19967124,21721.51$1,527
Mar 19965526,16819.38$1,066
Feb 1996025,86716.98$0
Jan 1996028,02617.07$0
Dec 1995030,69517.19$0
Nov 199524,85816.00$32
Oct 19953015,33315.43$463
Sep 19955629,19516.18$906
Aug 19955226,01815.92$828
Jul 19955831,00815.24$884
Jun 19955430,04616.41$886
May 19951832,26717.56$316
Apr 19953730,83117.73$656
Mar 199511634,91316.44$1,907
Feb 199510932,67316.58$1,807
Jan 19957535,78415.92$1,194
Dec 19946937,37015.03$1,037
Nov 1994032,02415.90$0
Oct 1994235,28515.58$31
Sep 19942134,51215.29$321
Aug 19945533,52316.13$887
Jul 19944031,70817.56$702
Jun 19946532,76717.09$1,111
May 199416535,38815.88$2,620
Apr 19949335,00114.14$1,315
Mar 19948138,33712.46$1,009
Feb 19946530,93612.50$813
Jan 1994438,65612.66$51
Dec 1993041,26012.33$0
Nov 1993040,06614.49$0
Oct 1993037,76415.85$0
Sep 1993242,14715.03$30
Aug 19933743,44715.66$579
Jul 199312940,26915.46$1,994
Jun 1993040,50116.79$0
May 1993042,69017.68$0
Apr 1993044,23118.05$0
Mar 1993045,50718.14$0
Feb 1993043,50217.90$0
Jan 1993046,29616.93$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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 45.35 =         $0
Gas                   69 Mcf  × $  2.69 =       $185

────────────────────────────────────────────────────
Month total                                     $185

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/47122 is the state's own key, not one this site invented.