CHANDLER-WILLIAMS

Operated by MAXIMUS OPERATING, LTD. (P-5 534465) in the FT. TRINIDAD,S.(OTTOS SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15983District 03Field 32175825OilCasinghead gasSaveExport
Value, all time
$2.8 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
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 8 leases and 13 wells, and the rule below applies to all of them.

Discovered
1973-09-20
as the register files it
Field class
Oil
the register's own label
Between wells
660 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 2006-08-01.

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
OilDisposition64,779 bbl$2,750,562
Casinghead gasProduction9,686 Mcf$0
Total$2,750,562

9,686 Mcf of this lease's gas, across 28 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 2021165070.783.98$11,679
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021154060.362.76$9,295
Mar 2021169061.302.72$10,360
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 2020175039.982.39$6,997
Jul 20200038.371.83$0
Jun 2020167034.901.69$5,828
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020185030.341.86$5,613
Feb 2020153049.881.98$7,632
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 2019169053.112.30$8,976
Jul 20190056.272.46$0
Jun 2019167052.782.49$8,814
May 20190058.482.74$0
Apr 2019167062.632.75$10,459
Mar 20190056.803.06$0
Feb 2019173050.852.79$8,797
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018168059.543.11$10,003
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018178060.183.08$10,712
May 2018164065.382.90$10,722
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018325061.782.77$20,079
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017163049.292.98$8,034
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017158042.493.09$6,713
May 20170045.373.26$0
Apr 2017166047.933.21$7,956
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016168048.763.72$8,192
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016167041.553.10$6,939
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016169036.561.99$6,179
Mar 20160033.011.79$0
Feb 2016158026.472.06$4,182
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015163048.152.95$7,848
Jun 2015156056.152.88$8,759
May 20150055.212.96$0
Apr 2015167049.822.71$8,320
Mar 2015161042.892.93$6,905
Feb 2015161044.662.98$7,190
Jan 2015162043.433.10$7,036
Dec 2014163054.693.59$8,914
Nov 2014331070.464.25$23,322
Oct 2014504078.303.90$39,463
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014170096.564.18$16,415
Jun 20140098.164.74$0
May 2014162094.734.73$15,346
Apr 2014175095.944.81$16,790
Mar 2014173095.895.06$16,589
Feb 2014670097.406.19$65,258
Jan 20140090.404.86$0
Dec 2013170091.824.35$15,609
Nov 2013170088.853.74$15,105
Oct 2013332097.423.78$32,343
Sep 201300104.113.72$0
Aug 20131780104.253.52$18,557
Jul 20131720102.523.72$17,633
Jun 2013341094.403.93$32,190
May 2013170094.834.15$16,121
Apr 20130093.964.28$0
Mar 2013170093.623.91$15,915
Feb 2013172091.233.42$15,692
Jan 2013310091.603.42$28,396
Dec 20120086.773.42$0
Nov 2012180086.953.62$15,651
Oct 2012347089.383.40$31,015
Sep 20120094.672.92$0
Aug 2012175092.662.91$16,216
Jul 2012349085.133.02$29,710
Jun 20120079.822.52$0
May 2012352091.612.49$32,247
Apr 20121770101.652.00$17,992
Mar 20121750105.052.22$18,384
Feb 20121750101.102.57$17,693
Jan 2012501098.092.73$49,143
Dec 20110096.873.24$0
Nov 2011172095.723.31$16,464
Oct 20110084.983.65$0
Sep 2011174083.623.99$14,550
Aug 2011339083.404.15$28,273
Jul 20110094.144.52$0
Jun 2011172092.904.64$15,979
May 2011344098.134.40$33,757
Apr 20113420105.964.33$36,238
Mar 2011170096.364.06$16,381
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010345078.103.51$26,945
Sep 2010174072.633.98$12,638
Aug 2010174073.684.42$12,820
Jul 2010174072.554.74$12,624
Jun 20100070.364.91$0
May 2010175071.124.24$12,446
Apr 2010161081.694.12$13,152
Mar 2010349078.394.39$27,358
Feb 2010176073.585.44$12,950
Jan 2010172074.365.96$12,790
Dec 2009172071.445.48$12,288
Nov 2009164074.593.75$12,233
Oct 2009175072.544.11$12,695
Sep 2009175065.543.06$11,470
Aug 2009175067.423.22$11,799
Jul 2009156061.133.46$9,536
Jun 2009351066.163.90$23,222
May 20090054.743.93$0
Apr 2009175046.773.59$8,185
Mar 2009172042.144.06$7,248
Feb 2009181032.814.63$5,939
Jan 2009184035.865.37$6,598
Dec 2008176037.105.98$6,530
Nov 2008175055.496.86$9,711
Oct 2008170075.246.92$12,791
Sep 20081850101.767.88$18,826
Aug 200800114.228.48$0
Jul 20081890131.0811.39$24,774
Jun 20081820131.3313.03$23,902
May 20083540123.1711.57$43,602
Apr 200800110.3110.45$0
Mar 20085210101.909.66$53,090
Feb 2008177092.538.77$16,378
Jan 20080090.388.21$0
Dec 2007177088.337.30$15,634
Nov 2007347091.677.29$31,809
Oct 20070082.856.92$0
Sep 2007183075.846.24$13,879
Aug 2007356069.066.39$24,585
Jul 2007361070.906.39$25,595
Jun 2007355062.007.55$22,010
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007166056.927.30$9,449
Feb 2007181055.108.22$9,973
Jan 20070050.306.73$0
Dec 2006175056.656.92$9,914
Nov 2006173054.207.62$9,377
Oct 20060054.906.01$0
Sep 2006172060.085.04$10,334
Aug 2006174068.717.34$11,956
Jul 2006180069.376.34$12,487
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006172056.707.08$9,752
Feb 2006306057.597.75$17,623
Jan 2006344060.598.93$20,843
Dec 2005174054.9413.42$9,560
Nov 2005175054.6910.59$9,571
Oct 2005356058.3413.80$20,769
Sep 2005179061.4512.08$11,000
Aug 2005176061.519.80$10,826
Jul 2005356055.697.84$19,826
Jun 2005177052.337.38$9,262
May 2005175045.226.65$7,914
Apr 2005175049.207.36$8,610
Mar 2005349050.377.15$17,579
Feb 2005519045.226.31$23,469
Jan 20050043.166.32$0
Dec 2004178039.866.75$7,095
Nov 2004345045.286.33$15,622
Oct 2004175049.706.52$8,698
Sep 2004177043.245.28$7,653
Aug 2004177042.375.55$7,499
Jul 2004530038.286.08$20,288
Jun 2004175036.106.43$6,318
May 2004175037.486.49$6,559
Apr 2004175034.475.86$6,032
Mar 2004346034.365.53$11,889
Feb 2004348032.455.51$11,293
Jan 2004178032.036.30$5,701
Dec 2003343030.266.30$10,379
Nov 2003173028.804.60$4,982
Oct 2003347028.174.76$9,775
Sep 2003350026.314.75$9,209
Aug 2003176029.765.13$5,238
Jul 2003351029.415.17$10,323
Jun 2003357028.565.98$10,196
May 2003351026.595.97$9,333
Apr 2003174026.675.41$4,641
Mar 2003349031.146.10$10,868
Feb 20030033.487.93$0
Jan 2003174030.315.58$5,274
Dec 2002347026.914.85$9,338
Nov 20020024.664.14$0
Oct 2002175026.464.23$4,631
Sep 2002177027.443.64$4,857
Aug 2002346025.963.16$8,982
Jul 2002172024.583.06$4,228
Jun 2002352023.733.34$8,353
May 2002352024.663.58$8,680
Apr 2002347023.653.51$8,207
Mar 2002170022.003.10$3,740
Feb 2002334018.222.38$6,085
Jan 2002342017.172.38$5,872
Dec 2001511016.932.36$8,651
Nov 2001343018.072.41$6,198
Oct 2001170019.782.53$3,363
Sep 2001352024.262.25$8,540
Aug 2001174024.873.05$4,327
Jul 2001339023.933.20$8,112
Jun 2001350024.563.82$8,596
May 2001344025.524.31$8,779
Apr 2001352024.685.34$8,687
Mar 2001687024.545.38$16,859
Feb 20010027.755.77$0
Jan 2001360027.478.40$9,889
Dec 2000326026.889.12$8,763
Nov 2000354032.215.66$11,402
Oct 2000356031.235.15$11,118
Sep 2000530031.875.19$16,891
Aug 2000548029.644.54$16,243
Jul 2000184028.534.09$5,250
Jun 2000345029.304.40$10,109
May 2000178027.263.68$4,852
Apr 2000357024.513.12$8,750
Mar 20000028.422.86$0
Feb 2000349027.622.73$9,639
Jan 2000354025.272.48$8,946
Dec 1999334024.282.42$8,110
Nov 1999359023.192.43$8,325
Oct 1999351020.982.80$7,364
Sep 1999339021.752.62$7,373
Aug 1999345019.262.88$6,645
Jul 1999703017.892.37$12,577
Jun 1999175015.942.36$2,790
May 1999175015.792.32$2,763
Apr 1999687015.102.21$10,374
Mar 1999352012.471.84$4,389
Feb 199934909.981.82$3,483
Jan 1999353010.381.90$3,664
Dec 199835509.201.77$3,266
Nov 1998176010.892.19$1,917
Oct 1998369012.421.97$4,583
Sep 19980012.592.08$0
Aug 1998330011.301.91$3,729
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998350012.622.21$4,417
Apr 19980013.042.51$0
Mar 1998349012.802.31$4,467
Feb 1998375013.952.30$5,231
Jan 19980014.702.15$0
Dec 1997188016.322.41$3,068
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997543017.742.95$9,633
Aug 19970017.862.55$0
Jul 1997545017.582.25$9,581
Jun 19971017.242.26$17
May 1997355018.972.31$6,734
Apr 1997175017.882.08$3,129
Mar 1997180018.951.94$3,411
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996166021.97$3,647
Oct 1996180023.31$4,196
Sep 1996185022.22$4,111
Aug 1996358020.26$7,253
Jul 1996359019.55$7,018
Jun 19960018.73$0
May 1996183019.43$3,556
Apr 1996529021.51$11,379
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995175017.19$3,008
Nov 1995180016.00$2,880
Oct 1995362015.43$5,586
Sep 1995354016.18$5,728
Aug 19950015.92$0
Jul 1995356015.24$5,425
Jun 1995527016.41$8,648
May 1995176017.56$3,091
Apr 199536218017.73$6,418
Mar 199570518616.44$11,590
Feb 1995015016.58$0
Jan 199517812015.92$2,834
Dec 199417526015.03$2,630
Nov 199434030015.90$5,406
Oct 199417546515.58$2,727
Sep 199417945015.29$2,737
Aug 199417842016.13$2,871
Jul 199406017.56$0
Jun 199452916517.09$9,041
May 1994036015.88$0
Apr 199435745014.14$5,048
Mar 199436040512.46$4,486
Feb 199435439012.50$4,425
Jan 199435845012.66$4,532
Dec 199336046512.33$4,439
Nov 199352445014.49$7,593
Oct 199336246515.85$5,738
Sep 199318134515.03$2,720
Aug 199334128515.66$5,340
Jul 199336134515.46$5,581
Jun 199318333016.79$3,073
May 199335646517.68$6,294
Apr 199337245018.05$6,715
Mar 199336646518.14$6,639
Feb 199335142017.90$6,283
Jan 199355139016.93$9,328

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.

Jul 2021 — as filed, then multipliedworked
Oil                  165 bbl  × $ 70.78 =    $11,679
Casinghead gas         0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                  $11,679

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/O/15983 is the state's own key, not one this site invented.