STATE LEASE 103389

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

Oil lease lease 25415District 03Field 41142600OilCasinghead gasSaveExport
Value, all time
$9.9 M
Jul 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
203
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
2009-07-03
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
OilDisposition123,528 bbl$9,235,032
Casinghead gasProduction184,091 Mcf$670,939
Total$9,905,971

Every month this lease reported (203)

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

203 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 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201525043.552.43$1,089
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150648.152.95$18
Jun 20151121156.152.88$1,226
May 20150055.212.96$0
Apr 2015325649.822.71$1,746
Mar 20152423842.892.93$1,728
Feb 201503144.662.98$92
Jan 20150043.433.10$0
Dec 201474754.693.59$552
Nov 2014019670.464.25$833
Oct 20142941678.303.90$3,894
Sep 20143538186.164.05$4,557
Aug 20140089.394.04$0
Jul 2014762,88996.564.18$19,413
Jun 20141051,31698.164.74$16,541
May 20142001,42794.734.73$25,691
Apr 201412515195.944.81$12,719
Mar 20140095.895.06$0
Feb 201412965597.406.19$16,620
Jan 201411448590.404.86$12,663
Dec 20132031,96691.824.35$27,200
Nov 20132172,02388.853.74$26,843
Oct 20132252,74397.423.78$32,286
Sep 20133033,708104.113.72$45,331
Aug 20132643,673104.253.52$40,461
Jul 20133552,867102.523.72$47,053
Jun 20133013,86394.403.93$43,609
May 20131612,21494.834.15$24,454
Apr 20133895,36393.964.28$59,518
Mar 20133695,66293.623.91$56,700
Feb 20133993,00491.233.42$46,674
Jan 20134933,61491.603.42$57,518
Dec 20124494,87186.773.42$55,619
Nov 20124706,16086.953.62$63,196
Oct 20124294,06089.383.40$52,147
Sep 20129536,82094.672.92$110,124
Aug 20121,2056,49392.662.91$130,538
Jul 20121,1956,21785.133.02$120,511
Jun 20121,0483,24279.822.52$91,818
May 20121,5864,44291.612.49$156,347
Apr 20121,3174,240101.652.00$142,339
Mar 20125164,553105.052.22$64,323
Feb 20121,0471,774101.102.57$110,411
Jan 20121,8243,64198.092.73$188,871
Dec 20113,2444,52896.873.24$328,916
Nov 20114,0154,14795.723.31$398,048
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100180.843.80$4
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 2010194872.554.74$1,606
Jun 20102,4483,00570.364.91$186,997
May 20103,8734,20971.124.24$293,274
Apr 20104,3374,48881.694.12$372,792
Mar 20104,5545,32778.394.39$380,367
Feb 20104,7925,50573.585.44$382,556
Jan 20102,8392,23774.365.96$224,450
Dec 20098,8725,16871.445.48$662,156
Nov 200911,7696,92274.593.75$903,818
Oct 200914,0818,39572.544.11$1,055,941
Sep 200915,0178,90865.543.06$1,011,515
Aug 200913,6117,45067.423.22$941,631
Jul 200913,4278,03561.133.46$848,630

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.

Oct 2015 — as filed, then multipliedworked
Oil                   25 bbl  × $ 43.55 =     $1,089
Casinghead gas         0 Mcf  × $  2.43 =         $0

────────────────────────────────────────────────────
Month total                                   $1,089

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/25415 is the state's own key, not one this site invented.