WILLIS

Operated by TEXANA OPERATING COMPANY (P-5 844253) in the SERBIN (TAYLOR SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 19752District 03Field 82265500OilCasinghead gasSaveExport
Value, all time
$821 k
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 444 leases and 641 wells, and the rule below applies to all of them.

Discovered
1985-11-19
as the register files it
Field class
Oil and gas
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 20 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: 1500 FT DIAGONAL.

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
OilDisposition16,293 bbl$695,111
Casinghead gasProduction38,338 Mcf$125,714
Total$820,825

11,107 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 202210101.587.54$102
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022030108.885.08$152
Feb 202201091.054.86$49
Jan 20221966181.844.54$16,317
Dec 2021012471.323.90$483
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021182069.865.35$12,715
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20211063.483.02$63
Apr 2021176060.362.76$10,623
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021179050.412.81$9,023
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 2020186014.751.80$2,744
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020186057.252.09$10,649
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019177055.052.66$9,744
Aug 2019184053.112.30$9,772
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 2018173061.443.40$10,629
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018186065.142.93$12,116
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018184063.842.90$11,747
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 20170542.493.09$15
May 2017183045.373.26$8,303
Apr 201704647.933.21$148
Mar 201705946.772.98$176
Feb 201709950.452.95$292
Jan 2017021549.413.42$735
Dec 201605048.763.72$186
Nov 201606542.492.64$172
Oct 20161874146.193.09$8,764
Sep 201618316441.553.10$8,112
Aug 2016017641.442.92$515
Jul 201603841.622.92$111
Jun 201603945.352.69$105
May 201603942.521.99$78
Apr 201602336.561.99$46
Mar 201604733.011.79$84
Feb 201602526.472.06$52
Jan 201607427.352.36$175
Dec 201501732.362.00$34
Nov 201501538.792.17$33
Oct 201503543.552.43$85
Sep 201505442.992.76$149
Aug 20151856740.162.87$7,622
Jul 201517048.152.95$254
Jun 201515656.152.88$218
May 201508155.212.96$239
Apr 201508049.822.71$217
Mar 201508442.892.93$247
Feb 2015010244.662.98$304
Jan 2015017543.433.10$543
Dec 2014013854.693.59$496
Nov 2014021370.464.25$906
Oct 2014026278.303.90$1,022
Sep 201406286.164.05$251
Aug 201416922089.394.04$15,995
Jul 201408996.564.18$372
Jun 2014018498.164.74$872
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20131091.824.35$92
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131680104.113.72$17,490
Aug 201303104.253.52$11
Jul 2013055102.523.72$204
Jun 2013014794.403.93$578
May 2013018294.834.15$755
Apr 20131538093.964.28$14,718
Mar 201302893.623.91$110
Feb 2013014391.233.42$489
Jan 2013012591.603.42$427
Dec 2012012386.773.42$421
Nov 201219114586.953.62$17,133
Oct 2012012489.383.40$422
Sep 2012015894.672.92$461
Aug 201218618892.662.91$17,781
Jul 2012111785.133.02$439
Jun 2012015379.822.52$385
May 2012012591.612.49$311
Apr 20120194101.652.00$387
Mar 201218984105.052.22$20,041
Feb 2012181101.102.57$309
Jan 201203898.092.73$104
Dec 2011012496.873.24$402
Nov 2011013695.723.31$450
Oct 2011014484.983.65$525
Sep 201118115983.623.99$15,769
Aug 201105083.404.15$207
Jul 201107094.144.52$316
Jun 201116510992.904.64$15,834
May 2011013198.134.40$577
Apr 20110233105.964.33$1,010
Mar 201118820096.364.06$18,927
Feb 2011016585.644.18$690
Jan 20110086.504.59$0
Dec 20101888085.734.35$16,465
Nov 201006180.843.80$232
Oct 201002678.103.51$91
Sep 201007972.633.98$314
Aug 201005873.684.42$256
Jul 201009672.554.74$455
Jun 201007170.364.91$349
May 20101715471.124.24$12,390
Apr 2010010281.694.12$421
Mar 201004078.394.39$176
Feb 201009173.585.44$495
Jan 201009674.365.96$573
Dec 200908271.445.48$450
Nov 20091818774.593.75$13,827
Oct 200907872.544.11$321
Sep 200909865.543.06$300
Aug 2009012567.423.22$402
Jul 200934617761.133.46$21,764
Jun 200902366.163.90$90
May 200905254.743.93$204
Apr 2009012146.773.59$434
Mar 20091794442.144.06$7,722
Feb 200906832.814.63$315
Jan 200907335.865.37$392
Dec 200808237.105.98$490
Nov 2008012055.496.86$823
Oct 200807975.246.92$547
Sep 2008044101.767.88$347
Aug 2008040114.228.48$339
Jul 20080162131.0811.39$1,845
Jun 20080112131.3313.03$1,460
May 20080171123.1711.57$1,979
Apr 2008183159110.3110.45$21,849
Mar 20080161101.909.66$1,556
Feb 2008113292.538.77$1,250
Jan 2008014290.388.21$1,165
Dec 2007017788.337.30$1,292
Nov 200735712591.677.29$33,638
Oct 2007014782.856.92$1,018
Sep 2007018875.846.24$1,174
Aug 2007022769.066.39$1,450
Jul 200718713870.906.39$14,140
Jun 2007013862.007.55$1,042
May 2007023858.747.85$1,867
Apr 200718819759.617.81$12,744
Mar 2007025456.927.30$1,855
Feb 200702955.108.22$238
Jan 200702450.306.73$161
Dec 200604056.656.92$277
Nov 200604054.207.62$305
Oct 200603654.906.01$217
Sep 200603160.085.04$156
Aug 2006010068.717.34$734
Jul 200617415069.376.34$13,022
Jun 2006014366.286.38$913
May 200629514866.016.42$20,424
Apr 2006014964.397.36$1,097
Mar 2006013656.707.08$963
Feb 2006015057.597.75$1,163
Jan 2006018060.598.93$1,608
Dec 200518513154.9413.42$11,921
Nov 2005019054.6910.59$2,012
Oct 2005012158.3413.80$1,669
Sep 200503061.4512.08$362
Aug 200502961.519.80$284
Jul 20051848555.697.84$10,914
Jun 2005010452.337.38$768
May 2005011045.226.65$732
Apr 2005012449.207.36$913
Mar 200518313850.377.15$10,205
Feb 2005012945.226.31$814
Jan 2005012443.166.32$784
Dec 2004012239.866.75$824
Nov 2004012245.286.33$772
Oct 200418112949.706.52$9,836
Sep 200403343.245.28$174
Aug 200406642.375.55$366
Jul 200418111438.286.08$7,622
Jun 2004012236.106.43$785
May 2004013137.486.49$851
Apr 2004013134.475.86$767
Mar 200417312634.365.53$6,641
Feb 2004011832.455.51$650
Jan 2004011532.036.30$724
Dec 2003014830.266.30$933
Nov 200317613228.804.60$5,675
Oct 2003013428.174.76$638
Sep 2003010326.314.75$489
Aug 20033539429.765.13$10,987
Jul 2003112329.415.17$665
Jun 2003012528.565.98$748
May 2003015426.595.97$920
Apr 2003015126.675.41$817
Mar 2003016331.146.10$994
Feb 200318612233.487.93$7,194
Jan 200317713630.315.58$6,124
Dec 2002013626.914.85$660
Nov 2002014724.664.14$608
Oct 2002011426.464.23$482
Sep 200206727.443.64$244
Aug 20021785725.963.16$4,801
Jul 200209724.583.06$297
Jun 2002011023.733.34$367
May 200205724.663.58$204
Apr 20021815423.653.51$4,470
Mar 200205222.003.10$161
Feb 20028310218.222.38$1,755
Jan 2002012017.172.38$285
Dec 200118513816.932.36$3,458
Nov 2001113218.072.41$336
Oct 2001011619.782.53$293
Sep 2001013224.262.25$297
Aug 20011519024.873.05$4,030
Jul 200107323.933.20$233
Jun 2001851624.563.82$2,149
May 200103125.524.31$134
Apr 2001999024.685.34$2,924
Mar 2001015324.545.38$823
Feb 20019716327.755.77$3,632
Jan 200107827.478.40$655
Dec 200012410426.889.12$4,282
Nov 2000010132.215.66$571
Oct 200009331.235.15$479
Sep 20001195731.875.19$4,088
Aug 200009329.644.54$422
Jul 2000013128.534.09$536
Jun 20007512229.304.40$2,734
May 2000017027.263.68$626
Apr 2000412824.513.12$497
Mar 20008813728.422.86$2,893
Feb 2000012827.622.73$349
Jan 20009714625.272.48$2,813
Dec 1999115224.282.42$393
Nov 199912112423.192.43$3,108
Oct 199903720.982.80$104
Sep 19991077021.752.62$2,511
Aug 199906519.262.88$187
Jul 1999909917.892.37$1,845
Jun 199918017915.942.36$3,292
May 19993224715.792.32$1,079
Apr 1999564815.102.21$952
Mar 199919712912.471.84$2,694
Feb 199901379.981.82$249
Jan 1999015410.381.90$293
Dec 199811539.201.77$281
Nov 1998115310.892.19$345
Oct 199818414212.421.97$2,565
Sep 19981113712.592.08$424
Aug 199821014211.301.91$2,644
Jul 1998610411.742.24$303
Jun 199855411.242.24$177
May 199801512.622.21$33
Apr 1998714313.042.51$450
Mar 19982019012.802.31$695
Feb 19989516613.952.30$1,707
Jan 1998820314.702.15$555
Dec 199710818216.322.41$2,201
Nov 1997619018.193.09$696
Oct 19979815819.253.15$2,384
Sep 1997913517.742.95$559
Aug 199711621117.862.55$2,611
Jul 19971315317.582.25$572
Jun 199711924317.242.26$2,600
May 19979226818.972.31$2,364
Apr 19971525817.882.08$806
Mar 199720026218.951.94$4,298
Feb 1997821920.492.21$647
Jan 199712122623.483.54$3,641
Dec 19969423123.32$2,192
Nov 1996718721.97$154
Oct 199612211823.31$2,844
Sep 1996821022.22$178
Aug 19966922920.26$1,398
Jul 199612019719.55$2,346
Jun 19961823818.73$337
May 199613023719.43$2,526
Apr 199614224221.51$3,054
Mar 1996714119.38$136
Feb 19965914716.98$1,002
Jan 199614226017.07$2,424
Dec 19958428117.19$1,444
Nov 1995017516.00$0
Oct 199510310015.43$1,589
Sep 1995713316.18$113
Aug 199516319615.92$2,595
Jul 1995024115.24$0
Jun 19959818016.41$1,608
May 19951010617.56$176
Apr 199516825917.73$2,979
Mar 19951219316.44$197
Feb 199516826316.58$2,785
Jan 1995424615.92$64
Dec 199412017815.03$1,804
Nov 19941227815.90$191
Oct 199418027915.58$2,804
Sep 1994623615.29$92
Aug 199413329816.13$2,145
Jul 1994513617.56$88
Jun 1994310217.09$51
May 19944220715.88$667
Apr 19949428714.14$1,329
Mar 199412527012.46$1,558
Feb 1994625612.50$75
Jan 199412229612.66$1,545
Dec 199352612.33$62
Nov 19931663814.49$2,405
Oct 19931151715.85$1,823
Sep 19932821115.03$421
Aug 19939938415.66$1,550
Jul 199318044415.46$2,783
Jun 1993241616.79$34
May 199315938217.68$2,811
Apr 1993031218.05$0
Mar 199318939418.14$3,428
Feb 199318840517.90$3,365
Jan 1993144516.93$17

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 2022 — as filed, then multipliedworked
Oil                    1 bbl  × $101.58 =       $102
Casinghead gas         0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                     $102

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/19752 is the state's own key, not one this site invented.