STATE TRACT 98-L

Operated by GULF COAST OPERATIONS, LLC (P-5 337927) in the BLOCK 98-L (MA-1) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25327District 03Field 09564520OilCasinghead gasSaveExport
Value, all time
$37.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
228
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 other leases, and the rule below applies to all of them.

Discovered
2006-07-07
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition440,622 bbl$35,949,584
Casinghead gasProduction290,273 Mcf$1,174,566
Total$37,124,150

Every month this lease reported (228)

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

228 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 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20162,10578633.011.79$70,896
Feb 20161,90080626.472.06$51,956
Jan 20161,75788527.352.36$50,146
Dec 20152,13588332.362.00$70,856
Nov 20152,10087038.792.17$83,345
Oct 20152,96482843.552.43$131,091
Sep 2015041942.992.76$1,156
Aug 20151,48157440.162.87$61,126
Jul 20152,8771,00248.152.95$141,479
Jun 20152,84488956.152.88$162,253
May 20151,79855555.212.96$100,908
Apr 20152,90599749.822.71$147,426
Mar 20152,9181,07342.892.93$128,302
Feb 20153,1301,12644.662.98$143,137
Jan 20152,05776543.433.10$91,707
Dec 20143,1881,28054.693.59$178,949
Nov 20142,31195570.464.25$166,894
Oct 201477965478.303.90$63,547
Sep 20141,12671186.164.05$99,892
Aug 20141,49865789.394.04$136,557
Jul 20142,9561,41496.564.18$291,341
Jun 20141,8081,30698.164.74$183,660
May 20141,8021,20194.734.73$176,380
Apr 20143,1771,50195.944.81$312,020
Mar 20141,8841,15195.895.06$186,477
Feb 20142,0881,11397.406.19$210,263
Jan 20142,4561,39390.404.86$228,793
Dec 20133,6511,95691.824.35$343,752
Nov 20132,4271,37588.853.74$220,779
Oct 201341230197.423.78$41,275
Sep 20131,347625104.113.72$142,560
Aug 20132,2571,307104.253.52$239,896
Jul 20132,7371,643102.523.72$286,705
Jun 20134,2892,46194.403.93$414,562
May 20133,9501,96994.834.15$382,748
Apr 20133,8671,77693.964.28$370,949
Mar 20133,5191,93493.623.91$337,016
Feb 20134,0012,02491.233.42$371,933
Jan 20133,3001,87691.603.42$308,696
Dec 201266820586.773.42$58,663
Nov 20123,7451,79186.953.62$332,120
Oct 20124,0411,92989.383.40$367,743
Sep 20124,2361,92694.672.92$406,643
Aug 20123,7501,94992.662.91$353,143
Jul 20124,2221,99485.133.02$365,442
Jun 20124,9202,16779.822.52$398,173
May 20124,9554,49591.612.49$465,113
Apr 20124,8114,345101.652.00$497,714
Mar 20124,9553,980105.052.22$529,367
Feb 20124,3593,416101.102.57$449,475
Jan 20122,3901,90798.092.73$239,649
Dec 20115,8884,38296.873.24$584,567
Nov 20118,4604,41795.723.31$824,417
Oct 20119,8194,96184.983.65$852,519
Sep 20118,5985,67483.623.99$741,580
Aug 20119,8815,82583.404.15$848,245
Jul 201111,5608,80594.144.52$1,128,033
Jun 201110,3327,06892.904.64$992,637
May 201110,9905,62098.134.40$1,103,204
Apr 201112,6946,441105.964.33$1,372,967
Mar 201114,0957,77396.364.06$1,389,732
Feb 20117,2813,83785.644.18$639,583
Jan 201113,9556,15386.504.59$1,235,342
Dec 20109,2134,98585.734.35$811,504
Nov 201011,3665,85480.843.80$941,045
Oct 20108,9884,15278.103.51$716,532
Sep 20100072.633.98$0
Aug 20101,46599073.684.42$112,316
Jul 20107,2694,85672.554.74$550,366
Jun 20109,8226,13670.364.91$721,206
May 201012,9568,23471.124.24$956,304
Apr 201014,57510,69181.694.12$1,234,707
Mar 201017,55615,90578.394.39$1,446,017
Feb 201015,38810,47373.585.44$1,189,247
Jan 201011,29810,00874.365.96$899,808
Dec 200911,56813,64971.445.48$901,266
Nov 200913,08516,85374.593.75$1,039,234
Oct 200914,84716,25772.544.11$1,143,822
Sep 200914,50314,02265.543.06$993,501
Aug 20092,3171,10767.423.22$159,775
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$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.

Mar 2016 — as filed, then multipliedworked
Oil                2,105 bbl  × $ 33.01 =    $69,486
Casinghead gas       786 Mcf  × $  1.79 =     $1,410

────────────────────────────────────────────────────
Month total                                  $70,896

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/25327 is the state's own key, not one this site invented.