GRESHAM TRUST

Operated by COMSTOCK OIL & GAS, LLC (P-5 170038) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25729District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$7.0 M
Sep 2011 – May 2026
Value, last 12 filed months
$124 k
at the published price for each month
Months reported
177
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 186 leases and 416 wells, and the rule below applies to all of them.

Discovered
1964-05-02
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2010-12-14.

The Commission's schedule remark for this field reads: NOT GO TO 160 , ALLOCATION FORMULA REMAINS 100% WELL

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
OilDisposition89,388 bbl$6,954,774
Casinghead gasProduction24,092 Mcf$74,912
Total$7,029,686

Every month this lease reported (177)

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

177 months

May 2026012106.413.05$37
Apr 2026173098.932.87$17,115
Mar 2026178089.753.15$15,976
Feb 2026171063.503.75$10,859
Jan 2026185059.138.00$10,939
Dec 2025195056.664.41$11,049
Nov 20251931258.593.93$11,355
Oct 202501959.383.30$63
Sep 20251881862.743.08$11,851
Aug 20251783863.933.01$11,494
Jul 20251712666.743.32$11,499
Jun 20251774166.483.13$11,895
May 20251872760.553.23$11,410
Apr 20250662.363.54$21
Mar 2025182867.704.27$12,356
Feb 2025196770.884.34$13,923
Jan 2025187074.324.28$13,898
Dec 2024181068.993.12$12,487
Nov 2024184869.052.20$12,723
Oct 20241833771.372.28$13,145
Sep 20241793369.612.36$12,538
Aug 20241833175.632.06$13,904
Jul 2024173979.932.15$13,847
Jun 20241791578.082.63$14,016
May 202403078.812.20$66
Apr 20241791484.451.66$15,140
Mar 20241941180.301.55$15,595
Feb 2024178576.091.78$13,553
Jan 2024176473.023.30$12,865
Dec 2023180371.262.61$12,835
Nov 20231781277.892.81$13,898
Oct 20231873985.443.09$16,098
Sep 202301589.042.74$41
Aug 2023199680.522.67$16,040
Jul 20230674.852.64$16
Jun 20231975368.962.26$13,705
May 202302370.622.23$51
Apr 20231912278.122.24$14,970
Mar 20231751672.852.39$12,787
Feb 202372375.112.47$582
Jan 20231711476.533.39$13,134
Dec 202201576.415.73$86
Nov 20221833285.005.65$15,736
Oct 202209287.185.86$539
Sep 20221799084.888.16$15,928
Aug 20221825794.529.13$17,723
Jul 2022063101.587.54$475
Jun 202217966115.097.98$21,128
May 2022036109.378.43$304
Apr 20223590104.226.84$37,415
Mar 202200108.885.08$0
Feb 2022168391.054.86$15,311
Jan 2022551381.844.54$45,107
Dec 2021212071.323.90$15,120
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20211723266.024.22$11,491
Jul 20211787770.783.98$12,905
Jun 2021179069.493.38$12,439
May 202153811263.483.02$34,490
Apr 20211763560.362.76$10,720
Mar 20210061.302.72$0
Feb 20210157.805.55$6
Jan 20211752250.412.81$8,884
Dec 20203511944.642.68$15,719
Nov 20200438.772.71$11
Oct 2020360336.972.48$13,317
Sep 20201792637.091.99$6,691
Aug 20203492839.982.39$14,020
Jul 2020172238.371.83$6,603
Jun 20201771834.901.69$6,208
May 20203602716.921.81$6,140
Apr 202005614.751.80$101
Mar 20203552130.341.86$10,810
Feb 20201791549.881.98$8,958
Jan 20201707357.252.09$9,885
Dec 20193537859.012.30$21,010
Nov 20191807155.302.75$10,149
Oct 20193627653.472.42$19,540
Sep 20191908255.052.66$10,677
Aug 20191779153.112.30$9,610
Jul 20193698356.272.46$20,968
Jun 20193618252.782.49$19,258
May 20193468858.482.74$20,475
Apr 201904862.632.75$132
Mar 20191654156.803.06$9,498
Feb 20193597850.852.79$18,473
Jan 20191808746.033.23$8,566
Dec 20183458746.594.19$16,438
Nov 20181819952.934.24$10,000
Oct 201835711561.443.40$22,325
Sep 201834810559.543.11$21,046
Aug 201835511059.403.07$21,424
Jul 201817611165.142.93$11,790
Jun 201854813360.183.08$33,388
May 201835017265.382.90$23,382
Apr 201855017063.842.90$35,605
Mar 201802761.222.79$75
Feb 20180561.782.77$14
Jan 201817712362.874.01$11,621
Dec 201734420057.272.92$20,285
Nov 201718019355.423.12$10,577
Oct 201736620849.292.98$18,661
Sep 20175368147.523.09$25,721
Aug 20173344845.373.00$15,298
Jul 201717717243.873.09$8,296
Jun 201735623942.493.09$15,864
May 201752825445.373.26$24,784
Apr 201735820847.933.21$17,827
Mar 201734618646.772.98$16,737
Feb 201737317450.452.95$19,332
Jan 201735425849.413.42$18,373
Dec 201617825248.763.72$9,617
Nov 201653725842.492.64$23,499
Oct 201636625846.193.09$17,703
Sep 201636522141.553.10$15,851
Aug 201654924841.442.92$23,476
Jul 201636217041.622.92$15,564
Jun 201636122645.352.69$16,978
May 201672323542.521.99$31,210
Apr 201636022036.561.99$13,600
Mar 201654825133.011.79$18,540
Feb 201635920626.472.06$9,928
Jan 201653923427.352.36$15,295
Dec 201554524332.362.00$18,123
Nov 201556522538.792.17$22,404
Oct 201535322843.552.43$15,926
Sep 201571720942.992.76$31,400
Aug 201573520940.162.87$30,118
Jul 201553121448.152.95$26,198
Jun 201552721756.152.88$30,217
May 201588326155.212.96$49,522
Apr 201588828149.822.71$45,001
Mar 20151,05437842.892.93$46,315
Feb 20151,09240944.662.98$49,986
Jan 20151,05332143.433.10$46,727
Dec 201487920754.693.59$48,816
Nov 2014371070.464.25$26,141
Oct 20140078.303.90$0
Sep 2014175086.164.05$15,078
Aug 20140089.394.04$0
Jul 2014189896.564.18$18,283
Jun 201443617998.164.74$43,646
May 201468919294.734.73$66,176
Apr 201470517695.944.81$68,484
Mar 201472412495.895.06$70,051
Feb 201456119397.406.19$55,836
Jan 201492424590.404.86$84,720
Dec 201355218191.824.35$51,473
Nov 201354224488.853.74$49,069
Oct 20131,07521297.423.78$105,528
Sep 2013562188104.113.72$59,209
Aug 2013904207104.253.52$94,971
Jul 20131,127215102.523.72$116,339
Jun 201394222094.403.93$89,790
May 201374925594.834.15$72,086
Apr 201394327093.964.28$89,761
Mar 20131,11529293.623.91$105,529
Feb 20131,31528691.233.42$120,946
Jan 201376327291.603.42$70,821
Dec 20121,11637086.773.42$98,101
Nov 20121,45634186.953.62$127,835
Oct 20121,27236389.383.40$114,925
Sep 20121,63945394.672.92$156,486
Aug 20121,20048692.662.91$112,605
Jul 20121,69728785.133.02$145,333
Jun 20121,07818879.822.52$86,520
May 20122,24863591.612.49$207,519
Apr 20122,290821101.652.00$234,418
Mar 20123,079946105.052.22$325,551
Feb 20123,078754101.102.57$313,124
Jan 20127,1671,80798.092.73$707,952
Dec 20114,15644796.873.24$404,040
Nov 20114,681095.723.31$448,065
Oct 20110084.983.65$0
Sep 20110083.623.99$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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/25729 is the state's own key, not one this site invented.