TEXASGULF, INC. FEE UNIT

Operated by TEXAS INDEPENDENT EXPLOR LTD. (P-5 846548) in the OLD OCEAN NORTH (10150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23450District 03Field 67014700OilCasinghead gasSave
Value, all time
$44.9 M
Dec 1997 – May 2026
Value, last 12 filed months
$353 k
at the published price for each month
Months reported
342
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition743,102 bbl$43,205,471
Casinghead gasProduction414,538 Mcf$1,734,403
Total$44,939,873

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.0758, -95.6939. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.07578, -95.69388 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,902 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,902 ft.

Completions filed
Feb 1996
1 of 1 wells

1 well

42-039315931D11,902 ftFeb 1996

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (342)

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

342 months

May 20265230106.413.05$55,652
Apr 2026352098.932.87$34,823
Mar 2026533089.753.15$47,837
Feb 2026174063.503.75$11,049
Jan 2026522059.138.00$30,866
Dec 2025354056.664.41$20,058
Nov 2025349058.593.93$20,448
Oct 2025530059.383.30$31,471
Sep 2025178062.743.08$11,168
Aug 2025339063.933.01$21,672
Jul 2025347066.743.32$23,159
Jun 2025677066.483.13$45,007
May 2025346060.553.23$20,950
Apr 2025173062.363.54$10,788
Mar 2025179067.704.27$12,118
Feb 2025524070.884.34$37,141
Jan 2025163074.324.28$12,114
Dec 2024174068.993.12$12,004
Nov 2024344069.052.20$23,753
Oct 2024353071.372.28$25,194
Sep 2024355069.612.36$24,712
Aug 2024533075.632.06$40,311
Jul 2024173079.932.15$13,828
Jun 2024345078.082.63$26,938
May 2024350078.812.20$27,584
Apr 2024518084.451.66$43,745
Mar 2024524080.301.55$42,077
Feb 2024529076.091.78$40,252
Jan 2024527073.023.30$38,482
Dec 2023179071.262.61$12,756
Nov 2023518077.892.81$40,347
Oct 2023519085.443.09$44,343
Sep 20230089.042.74$0
Aug 2023855080.522.67$68,845
Jul 20231,060074.852.64$79,341
Jun 20231,044068.962.26$71,994
May 2023893070.622.23$63,064
Apr 20231,051078.122.24$82,104
Mar 20231,229072.852.39$89,533
Feb 20231,121075.112.47$84,198
Jan 20231,229076.533.39$94,055
Dec 20221,221076.415.73$93,297
Nov 20221,394085.005.65$118,490
Oct 20221,542087.185.86$134,432
Sep 2022691084.888.16$58,652
Aug 20221,369094.529.13$129,398
Jul 20221,2250101.587.54$124,436
Jun 20221,2330115.097.98$141,906
May 20221,2090109.378.43$132,228
Apr 20221,0580104.226.84$110,265
Mar 20221,0610108.885.08$115,522
Feb 20221,055091.054.86$96,058
Jan 20221,571081.844.54$128,571
Dec 20211,579071.323.90$112,614
Nov 20211,414077.435.24$109,486
Oct 20211,746079.795.71$139,313
Sep 20211,930069.865.35$134,830
Aug 20211,747066.024.22$115,337
Jul 20212,060070.783.98$145,807
Jun 20211,577069.493.38$109,586
May 20212,229063.483.02$141,497
Apr 20212,090060.362.76$126,152
Mar 20212,124061.302.72$130,201
Feb 20211,935057.805.55$111,843
Jan 20212,259050.412.81$113,876
Dec 2020702044.642.68$31,337
Nov 20201,921038.772.71$74,477
Oct 20201,761036.972.48$65,104
Sep 20201,051037.091.99$38,982
Aug 20205,289039.982.39$211,454
Jul 20201,378038.371.83$52,874
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201,049014.751.80$15,473
Mar 20201,583030.341.86$48,028
Feb 20201,770049.881.98$88,288
Jan 20201,754057.252.09$100,417
Dec 20191,586059.012.30$93,590
Nov 20192,407055.302.75$133,107
Oct 20192,427053.472.42$129,772
Sep 20192,284055.052.66$125,734
Aug 20192,276053.112.30$120,878
Jul 20192,241056.272.46$126,101
Jun 20192,437052.782.49$128,625
May 20192,419058.482.74$141,463
Apr 20192,206062.632.75$138,162
Mar 20192,600056.803.06$147,680
Feb 20192,112050.852.79$107,395
Jan 20192,600046.033.23$119,678
Dec 20183,188046.594.19$148,529
Nov 20182,375052.934.24$125,709
Oct 20182,561061.443.40$157,348
Sep 20183,148059.543.11$187,432
Aug 20182,556059.403.07$151,826
Jul 20183,149065.142.93$205,126
Jun 20182,013060.183.08$121,142
May 20183,008065.382.90$196,663
Apr 20182,673063.842.90$170,644
Mar 20183,363061.222.79$205,883
Feb 20183,290061.782.77$203,256
Jan 20182,681062.874.01$168,554
Dec 20172,730057.272.92$156,347
Nov 20173,252055.423.12$180,226
Oct 20172,858049.292.98$140,871
Sep 20171,774047.523.09$84,300
Aug 20172,662045.373.00$120,775
Jul 20173,225043.873.09$141,481
Jun 20172,147042.493.09$91,226
May 20172,934045.373.26$133,116
Apr 20173,745047.933.21$179,498
Mar 20172,838046.772.98$132,733
Feb 20171,883050.452.95$94,997
Jan 20173,101049.413.42$153,220
Dec 20163,352048.763.72$163,444
Nov 20163,520042.492.64$149,565
Oct 20163,422046.193.09$158,062
Sep 20163,097041.553.10$128,680
Aug 20162,470041.442.92$102,357
Jul 2016992041.622.92$41,287
Jun 20161,503045.352.69$68,161
May 2016820042.521.99$34,866
Apr 20162,453036.561.99$89,682
Mar 20162,842033.011.79$93,814
Feb 20161,867026.472.06$49,419
Jan 20162,717027.352.36$74,310
Dec 20151,736032.362.00$56,177
Nov 20152,090038.792.17$81,071
Oct 20152,325043.552.43$101,254
Sep 20152,783042.992.76$119,641
Aug 20152,544040.162.87$102,167
Jul 20152,801048.152.95$134,868
Jun 20152,701056.152.88$151,661
May 20151,931055.212.96$106,611
Apr 20152,316049.822.71$115,383
Mar 20152,305042.892.93$98,861
Feb 20151,725044.662.98$77,039
Jan 20152,936043.433.10$127,510
Dec 20142,089054.693.59$114,247
Nov 20142,038070.464.25$143,597
Oct 20142,544078.303.90$199,195
Sep 20142,973086.164.05$256,154
Aug 20142,121089.394.04$189,596
Jul 20142,95530796.564.18$286,618
Jun 20142,83777498.164.74$282,146
May 20142,48266694.734.73$238,268
Apr 20142,30158395.944.81$223,562
Mar 20142,59621295.895.06$250,002
Feb 20142,64737397.406.19$260,127
Jan 20143,16126990.404.86$287,062
Dec 20132,8252,69091.824.35$271,105
Nov 20132,47864088.853.74$222,563
Oct 20133,29185997.423.78$323,856
Sep 20132,631861104.113.72$277,114
Aug 20132,9581,211104.253.52$312,637
Jul 20133,2981,175102.523.72$342,479
Jun 20132,8081,12294.403.93$269,488
May 20132,9401,37294.834.15$284,493
Apr 20133,0481,41093.964.28$292,429
Mar 20132,8981,30293.623.91$276,405
Feb 20132,95059891.233.42$271,174
Jan 20132,73056991.603.42$252,014
Dec 20122,88570386.773.42$252,736
Nov 20123,2311,25586.953.62$285,485
Oct 20123,1551,28089.383.40$286,345
Sep 20123,0121,59394.672.92$289,795
Aug 20123,1851,49892.662.91$299,479
Jul 20123,1751,67085.133.02$275,332
Jun 20123,4641,50679.822.52$280,290
May 20123,3211,66791.612.49$308,385
Apr 20123,5241,661101.652.00$361,531
Mar 20122,214502105.052.22$233,696
Feb 20122,7100101.102.57$273,981
Jan 20123,13750298.092.73$309,081
Dec 20112,24398596.873.24$220,471
Nov 20112,7851,26895.723.31$270,779
Oct 20112,7651,46084.983.65$240,297
Sep 20112,8811,58183.623.99$247,211
Aug 20112,8491,55483.404.15$244,055
Jul 20112,0951,51194.144.52$204,049
Jun 20111,9821,36692.904.64$190,466
May 20113,4752,04898.134.40$350,023
Apr 20113,4121,739105.964.33$369,071
Mar 20113,5542,06796.364.06$350,850
Feb 20113,2861,65685.644.18$288,335
Jan 20113,5111,52586.504.59$310,699
Dec 20103,73097185.734.35$323,995
Nov 20103,2391,66480.843.80$268,156
Oct 20103,2012,03678.103.51$257,142
Sep 20103,3471,97272.633.98$250,940
Aug 20103,5772,05273.684.42$272,622
Jul 20103,4822,27272.554.74$263,380
Jun 20103,38568870.364.91$241,547
May 20103,567071.124.24$253,685
Apr 20103,515081.694.12$287,140
Mar 20105,022078.394.39$393,675
Feb 20102,07297873.585.44$157,780
Jan 20103,8671,74674.365.96$297,963
Dec 20093,2511,22271.445.48$238,953
Nov 20092,67134074.593.75$200,505
Oct 20093,8771,68572.544.11$288,163
Sep 20093,0181,50465.543.06$202,409
Aug 20092,6213,95467.423.22$189,434
Jul 20093,4921,76561.133.46$219,581
Jun 20093,1381,40266.163.90$213,071
May 20093,6131,47054.743.93$203,546
Apr 20092,8241,82946.773.59$138,640
Mar 20092,9751,85642.144.06$132,900
Feb 20093,4381,41432.814.63$119,352
Jan 20092,9882,28135.865.37$119,401
Dec 20083,5212,35937.105.98$144,729
Nov 20083,6662,15455.496.86$218,204
Oct 20083,6851,60375.246.92$288,355
Sep 20083,5801,274101.767.88$374,336
Aug 20083,6131,565114.228.48$425,953
Jul 20083,0451,517131.0811.39$416,416
Jun 20083,1021,580131.3313.03$427,977
May 20083,4791,439123.1711.57$445,164
Apr 20083,4811,000110.3110.45$394,444
Mar 20083,8011,434101.909.66$401,180
Feb 20083,4401,20392.538.77$328,854
Jan 20082,88566890.388.21$266,228
Dec 20072,20899588.337.30$202,298
Nov 20073,3831,19791.677.29$318,848
Oct 20073,045082.856.92$252,278
Sep 20072,74780275.846.24$213,340
Aug 20072,5861,14969.066.39$185,929
Jul 20072,77979870.906.39$202,129
Jun 20072,90599862.007.55$187,643
May 20072,2611,12158.747.85$141,607
Apr 20072,6841,05859.617.81$168,251
Mar 20073,5391,36156.927.30$211,378
Feb 20073,3521,20055.108.22$194,554
Jan 20073,6611,24350.306.73$192,510
Dec 20063,85617856.656.92$219,674
Nov 20061,98017254.207.62$108,626
Oct 2006695054.906.01$38,156
Sep 20061,386060.085.04$83,271
Aug 20062,561068.717.34$175,966
Jul 20062,096069.376.34$145,400
Jun 20061,840066.286.38$121,955
May 20061,726066.016.42$113,933
Apr 20061,56319364.397.36$102,062
Mar 20062,0727656.707.08$118,021
Feb 20061,3688957.597.75$79,473
Jan 20062,0871260.598.93$126,559
Dec 20051,86928854.9413.42$106,547
Nov 2005172054.6910.59$9,407
Oct 200518983458.3413.80$22,532
Sep 20051,0581,19761.4512.08$79,473
Aug 20057161,45661.519.80$58,305
Jul 20051,03589355.697.84$64,644
Jun 20051,1841,35852.337.38$71,982
May 20051,3982,09545.226.65$77,152
Apr 200552994249.207.36$32,960
Mar 20057121,30550.377.15$45,201
Feb 20051,03917545.226.31$48,088
Jan 20051,2421,10643.166.32$60,597
Dec 20048951,49539.866.75$45,768
Nov 20041,0691,36045.286.33$57,014
Oct 20041,2332,13449.706.52$75,183
Sep 20048611,67643.245.28$46,085
Aug 20041,2272,13342.375.55$63,828
Jul 20041,0601,56238.286.08$50,080
Jun 20041,0501,30936.106.43$46,326
May 20041,4041,30037.486.49$61,065
Apr 20041,0511,81034.475.86$46,832
Mar 20041,2282,16634.365.53$54,172
Feb 20041,4162,49632.455.51$59,701
Jan 20048852,58132.036.30$44,606
Dec 20031,5791,96330.266.30$60,151
Nov 20031,39351928.804.60$42,503
Oct 20031,7512,87828.174.76$63,024
Sep 20031,0412,71626.314.75$40,288
Aug 20038704,52929.765.13$49,124
Jul 20031,7715,41229.415.17$80,070
Jun 20031,2496,82728.565.98$76,517
May 20031,6416,98526.595.97$85,353
Apr 20031,4245,22426.675.41$66,226
Mar 20031,2815,67431.146.10$74,479
Feb 20031,9643,15533.487.93$90,761
Jan 20031,4332,56830.315.58$57,769
Dec 20021,8841,84726.914.85$59,663
Nov 20021,2466,55624.664.14$57,848
Oct 20021,4772,72126.464.23$50,589
Sep 20021,0701,91027.443.64$36,304
Aug 20021,073025.963.16$27,855
Jul 20021,259024.583.06$30,946
Jun 20021,0651223.733.34$25,313
May 20021,08623324.663.58$27,616
Apr 200212923.653.51$126
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200204717.172.38$112
Dec 20011,2773416.932.36$21,700
Nov 2001717618.072.41$12,971
Oct 20011,59356919.782.53$32,948
Sep 20011,72314124.262.25$42,117
Aug 20011,0788024.873.05$27,054
Jul 20011,43514323.933.20$34,797
Jun 200172028324.563.82$18,765
May 200135810325.524.31$9,580
Apr 20011,8701,79324.685.34$55,718
Mar 20012,1802,53524.545.38$67,126
Feb 20011,8192,19427.755.77$63,130
Jan 20012,6831,37327.478.40$85,234
Dec 20002,1381,38526.889.12$70,104
Nov 20001,8421,18132.215.66$66,013
Oct 20002,67012,41731.235.15$147,276
Sep 20001,8459,24031.875.19$106,723
Aug 20003,4562,65329.644.54$114,482
Jul 20001,73537128.534.09$51,017
Jun 20002,3054,79629.304.40$88,626
May 20003,1051,36627.263.68$89,669
Apr 20003,420024.513.12$83,824
Mar 20003,754028.422.86$106,689
Feb 20002,5795827.622.73$71,390
Jan 20003,4836,86325.272.48$105,039
Dec 19993,9988,48724.282.42$117,642
Nov 19993,4296,14623.192.43$94,478
Oct 19994,5417,53220.982.80$116,388
Sep 19994,1295,80321.752.62$105,003
Aug 19994,3225,30419.262.88$98,494
Jul 19993,7161,50217.892.37$70,043
Jun 19993,0464,51615.942.36$59,220
May 19994,1628,04215.792.32$84,384
Apr 19993,7327,97115.102.21$73,954
Mar 19994,37111,29212.471.84$75,265
Feb 19994,2026,7359.981.82$54,179
Jan 19992,9502,09210.381.90$34,596
Dec 19983,8456,6229.201.77$47,117
Nov 19985,0358,81910.892.19$74,107
Oct 19984,7756,81712.421.97$72,730
Sep 19983,6621,02812.592.08$48,246
Aug 19983,3273,47411.301.91$44,221
Jul 19983,0153,24911.742.24$42,665
Jun 19982,7305,06511.242.24$42,017
May 19983,7245,86912.622.21$59,946
Apr 19982,7024,85813.042.51$47,405
Mar 19984,2095,45612.802.31$66,476
Feb 19984,23811,21813.952.30$84,912
Jan 19985,1389,45314.702.15$95,898
Dec 19972,9416,99916.322.41$64,872

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.

May 2026 — as filed, then multipliedworked
Oil                  523 bbl  × $106.41 =    $55,652
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $55,652

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/23450 is the state's own key, not one this site invented.