GRESHAM
Operated by TRAILBLAZER ENERGY RESOURCES,LLC (P-5 100797) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.
Value, all time
$29.1 M
Oct 2011 – May 2026
Value, last 12 filed months
$527 k
at the published price for each month
Months reported
176
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Oil | Disposition | 329,603 bbl | $26,772,246 |
| Casinghead gas | Production | 702,435 Mcf | $2,369,516 |
| Total | $29,141,762 | ||
Every month this lease reported (176)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
176 months
| May 2026 | 194 | 2,541 | 106.41 | 3.05 | $28,383 |
| Apr 2026 | 381 | 2,459 | 98.93 | 2.87 | $44,749 |
| Mar 2026 | 563 | 2,529 | 89.75 | 3.15 | $58,494 |
| Feb 2026 | 375 | 2,295 | 63.50 | 3.75 | $32,419 |
| Jan 2026 | 192 | 2,542 | 59.13 | 8.00 | $31,684 |
| Dec 2025 | 185 | 2,542 | 56.66 | 4.41 | $21,701 |
| Nov 2025 | 573 | 3,082 | 58.59 | 3.93 | $45,673 |
| Oct 2025 | 746 | 3,536 | 59.38 | 3.30 | $55,983 |
| Sep 2025 | 554 | 3,370 | 62.74 | 3.08 | $45,127 |
| Aug 2025 | 908 | 3,465 | 63.93 | 3.01 | $68,495 |
| Jul 2025 | 539 | 3,420 | 66.74 | 3.32 | $47,311 |
| Jun 2025 | 562 | 2,983 | 66.48 | 3.13 | $46,695 |
| May 2025 | 532 | 3,544 | 60.55 | 3.23 | $43,668 |
| Apr 2025 | 737 | 2,849 | 62.36 | 3.54 | $56,054 |
| Mar 2025 | 191 | 2,833 | 67.70 | 4.27 | $25,023 |
| Feb 2025 | 186 | 2,775 | 70.88 | 4.34 | $25,230 |
| Jan 2025 | 186 | 2,369 | 74.32 | 4.28 | $23,960 |
| Dec 2024 | 178 | 2,563 | 68.99 | 3.12 | $20,280 |
| Nov 2024 | 179 | 2,470 | 69.05 | 2.20 | $17,790 |
| Oct 2024 | 0 | 2,625 | 71.37 | 2.28 | $5,989 |
| Sep 2024 | 591 | 2,451 | 69.61 | 2.36 | $46,935 |
| Aug 2024 | 352 | 2,596 | 75.63 | 2.06 | $31,979 |
| Jul 2024 | 357 | 2,563 | 79.93 | 2.15 | $34,037 |
| Jun 2024 | 356 | 2,481 | 78.08 | 2.63 | $34,331 |
| May 2024 | 357 | 2,891 | 78.81 | 2.20 | $34,491 |
| Apr 2024 | 382 | 2,512 | 84.45 | 1.66 | $36,428 |
| Mar 2024 | 463 | 2,632 | 80.30 | 1.55 | $41,246 |
| Feb 2024 | 732 | 3,288 | 76.09 | 1.78 | $61,562 |
| Jan 2024 | 393 | 2,539 | 73.02 | 3.30 | $37,070 |
| Dec 2023 | 734 | 2,606 | 71.26 | 2.61 | $59,108 |
| Nov 2023 | 546 | 2,749 | 77.89 | 2.81 | $50,246 |
| Oct 2023 | 962 | 2,608 | 85.44 | 3.09 | $90,245 |
| Sep 2023 | 738 | 2,748 | 89.04 | 2.74 | $73,227 |
| Aug 2023 | 1,077 | 3,621 | 80.52 | 2.67 | $96,399 |
| Jul 2023 | 918 | 4,310 | 74.85 | 2.64 | $80,098 |
| Jun 2023 | 365 | 2,474 | 68.96 | 2.26 | $30,758 |
| May 2023 | 364 | 2,561 | 70.62 | 2.23 | $31,410 |
| Apr 2023 | 193 | 2,479 | 78.12 | 2.24 | $20,625 |
| Mar 2023 | 333 | 2,561 | 72.85 | 2.39 | $30,388 |
| Feb 2023 | 381 | 2,295 | 75.11 | 2.47 | $34,276 |
| Jan 2023 | 350 | 2,530 | 76.53 | 3.39 | $35,356 |
| Dec 2022 | 189 | 2,230 | 76.41 | 5.73 | $27,217 |
| Nov 2022 | 350 | 2,404 | 85.00 | 5.65 | $43,323 |
| Oct 2022 | 361 | 2,552 | 87.18 | 5.86 | $46,436 |
| Sep 2022 | 362 | 2,417 | 84.88 | 8.16 | $50,458 |
| Aug 2022 | 907 | 2,679 | 94.52 | 9.13 | $110,181 |
| Jul 2022 | 361 | 2,293 | 101.58 | 7.54 | $53,964 |
| Jun 2022 | 540 | 2,455 | 115.09 | 7.98 | $81,733 |
| May 2022 | 368 | 2,558 | 109.37 | 8.43 | $61,820 |
| Apr 2022 | 728 | 2,471 | 104.22 | 6.84 | $92,768 |
| Mar 2022 | 744 | 2,618 | 108.88 | 5.08 | $94,297 |
| Feb 2022 | 750 | 2,557 | 91.05 | 4.86 | $80,712 |
| Jan 2022 | 938 | 2,523 | 81.84 | 4.54 | $88,214 |
| Dec 2021 | 382 | 2,555 | 71.32 | 3.90 | $37,206 |
| Nov 2021 | 183 | 2,479 | 77.43 | 5.24 | $27,152 |
| Oct 2021 | 198 | 2,555 | 79.79 | 5.71 | $30,397 |
| Sep 2021 | 379 | 2,457 | 69.86 | 5.35 | $39,624 |
| Aug 2021 | 369 | 2,561 | 66.02 | 4.22 | $35,170 |
| Jul 2021 | 191 | 2,536 | 70.78 | 3.98 | $23,618 |
| Jun 2021 | 543 | 2,417 | 69.49 | 3.38 | $45,904 |
| May 2021 | 414 | 2,951 | 63.48 | 3.02 | $35,186 |
| Apr 2021 | 191 | 2,455 | 60.36 | 2.76 | $18,301 |
| Mar 2021 | 479 | 2,823 | 61.30 | 2.72 | $37,033 |
| Feb 2021 | 183 | 1,608 | 57.80 | 5.55 | $19,499 |
| Jan 2021 | 362 | 2,511 | 50.41 | 2.81 | $25,305 |
| Dec 2020 | 373 | 2,449 | 44.64 | 2.68 | $23,203 |
| Nov 2020 | 195 | 1,150 | 38.77 | 2.71 | $10,673 |
| Oct 2020 | 0 | 522 | 36.97 | 2.48 | $1,294 |
| Sep 2020 | 1,253 | 3,128 | 37.09 | 1.99 | $52,702 |
| Aug 2020 | 724 | 3,097 | 39.98 | 2.39 | $36,332 |
| Jul 2020 | 545 | 3,012 | 38.37 | 1.83 | $26,409 |
| Jun 2020 | 368 | 2,883 | 34.90 | 1.69 | $17,716 |
| May 2020 | 179 | 700 | 16.92 | 1.81 | $4,299 |
| Apr 2020 | 799 | 3,544 | 14.75 | 1.80 | $18,180 |
| Mar 2020 | 738 | 3,079 | 30.34 | 1.86 | $28,106 |
| Feb 2020 | 1,097 | 3,503 | 49.88 | 1.98 | $61,657 |
| Jan 2020 | 1,093 | 3,193 | 57.25 | 2.09 | $69,263 |
| Dec 2019 | 914 | 3,328 | 59.01 | 2.30 | $61,604 |
| Nov 2019 | 923 | 3,142 | 55.30 | 2.75 | $59,685 |
| Oct 2019 | 1,260 | 3,869 | 53.47 | 2.42 | $76,730 |
| Sep 2019 | 1,251 | 3,611 | 55.05 | 2.66 | $78,463 |
| Aug 2019 | 362 | 4,302 | 53.11 | 2.30 | $29,139 |
| Jul 2019 | 1,072 | 3,620 | 56.27 | 2.46 | $69,227 |
| Jun 2019 | 879 | 3,648 | 52.78 | 2.49 | $55,482 |
| May 2019 | 1,077 | 3,574 | 58.48 | 2.74 | $72,777 |
| Apr 2019 | 543 | 3,376 | 62.63 | 2.75 | $43,294 |
| Mar 2019 | 369 | 3,891 | 56.80 | 3.06 | $32,874 |
| Feb 2019 | 716 | 3,557 | 50.85 | 2.79 | $46,341 |
| Jan 2019 | 364 | 4,031 | 46.03 | 3.23 | $29,768 |
| Dec 2018 | 890 | 3,572 | 46.59 | 4.19 | $56,415 |
| Nov 2018 | 872 | 3,851 | 52.93 | 4.24 | $62,473 |
| Oct 2018 | 540 | 3,965 | 61.44 | 3.40 | $46,651 |
| Sep 2018 | 523 | 3,551 | 59.54 | 3.11 | $42,176 |
| Aug 2018 | 890 | 3,592 | 59.40 | 3.07 | $63,881 |
| Jul 2018 | 351 | 4,064 | 65.14 | 2.93 | $34,779 |
| Jun 2018 | 355 | 4,193 | 60.18 | 3.08 | $34,265 |
| May 2018 | 530 | 4,345 | 65.38 | 2.90 | $47,255 |
| Apr 2018 | 698 | 4,659 | 63.84 | 2.90 | $58,075 |
| Mar 2018 | 698 | 4,887 | 61.22 | 2.79 | $56,351 |
| Feb 2018 | 362 | 5,875 | 61.78 | 2.77 | $38,615 |
| Jan 2018 | 520 | 4,964 | 62.87 | 4.01 | $52,595 |
| Dec 2017 | 507 | 4,605 | 57.27 | 2.92 | $42,489 |
| Nov 2017 | 522 | 4,317 | 55.42 | 3.12 | $42,391 |
| Oct 2017 | 730 | 3,508 | 49.29 | 2.98 | $46,448 |
| Sep 2017 | 1,071 | 3,192 | 47.52 | 3.09 | $60,749 |
| Aug 2017 | 768 | 3,427 | 45.37 | 3.00 | $45,140 |
| Jul 2017 | 960 | 4,321 | 43.87 | 3.09 | $55,455 |
| Jun 2017 | 954 | 4,297 | 42.49 | 3.09 | $53,802 |
| May 2017 | 1,147 | 4,732 | 45.37 | 3.26 | $67,482 |
| Apr 2017 | 1,335 | 5,257 | 47.93 | 3.21 | $80,870 |
| Mar 2017 | 1,300 | 4,924 | 46.77 | 2.98 | $75,493 |
| Feb 2017 | 1,116 | 5,105 | 50.45 | 2.95 | $71,375 |
| Jan 2017 | 1,684 | 7,006 | 49.41 | 3.42 | $107,159 |
| Dec 2016 | 1,863 | 7,326 | 48.76 | 3.72 | $118,113 |
| Nov 2016 | 1,318 | 5,016 | 42.49 | 2.64 | $69,266 |
| Oct 2016 | 1,499 | 5,709 | 46.19 | 3.09 | $86,881 |
| Sep 2016 | 1,471 | 4,748 | 41.55 | 3.10 | $75,842 |
| Aug 2016 | 1,112 | 3,833 | 41.44 | 2.92 | $57,290 |
| Jul 2016 | 1,094 | 4,377 | 41.62 | 2.92 | $58,332 |
| Jun 2016 | 1,274 | 4,036 | 45.35 | 2.69 | $68,616 |
| May 2016 | 1,619 | 4,804 | 42.52 | 1.99 | $78,405 |
| Apr 2016 | 1,427 | 4,541 | 36.56 | 1.99 | $61,212 |
| Mar 2016 | 1,637 | 5,662 | 33.01 | 1.79 | $64,195 |
| Feb 2016 | 1,594 | 5,294 | 26.47 | 2.06 | $53,118 |
| Jan 2016 | 2,110 | 6,338 | 27.35 | 2.36 | $72,694 |
| Dec 2015 | 1,617 | 5,151 | 32.36 | 2.00 | $62,635 |
| Nov 2015 | 1,641 | 6,090 | 38.79 | 2.17 | $76,853 |
| Oct 2015 | 1,825 | 5,898 | 43.55 | 2.43 | $93,791 |
| Sep 2015 | 1,804 | 6,561 | 42.99 | 2.76 | $95,652 |
| Aug 2015 | 2,139 | 6,907 | 40.16 | 2.87 | $105,743 |
| Jul 2015 | 2,521 | 7,351 | 48.15 | 2.95 | $143,035 |
| Jun 2015 | 2,141 | 6,993 | 56.15 | 2.88 | $140,377 |
| May 2015 | 2,492 | 8,651 | 55.21 | 2.96 | $163,151 |
| Apr 2015 | 3,011 | 8,540 | 49.82 | 2.71 | $173,122 |
| Mar 2015 | 3,341 | 7,356 | 42.89 | 2.93 | $164,883 |
| Feb 2015 | 1,534 | 4,213 | 44.66 | 2.98 | $81,047 |
| Jan 2015 | 2,426 | 6,264 | 43.43 | 3.10 | $124,784 |
| Dec 2014 | 3,290 | 7,493 | 54.69 | 3.59 | $206,840 |
| Nov 2014 | 2,752 | 6,780 | 70.46 | 4.25 | $222,733 |
| Oct 2014 | 2,876 | 8,264 | 78.30 | 3.90 | $257,428 |
| Sep 2014 | 3,746 | 8,592 | 86.16 | 4.05 | $357,514 |
| Aug 2014 | 4,059 | 8,327 | 89.39 | 4.04 | $396,434 |
| Jul 2014 | 3,730 | 7,551 | 96.56 | 4.18 | $391,729 |
| Jun 2014 | 3,555 | 7,835 | 98.16 | 4.74 | $386,072 |
| May 2014 | 4,077 | 9,447 | 94.73 | 4.73 | $430,866 |
| Apr 2014 | 3,835 | 5,959 | 95.94 | 4.81 | $396,587 |
| Mar 2014 | 5,457 | 7,644 | 95.89 | 5.06 | $561,926 |
| Feb 2014 | 5,205 | 6,366 | 97.40 | 6.19 | $546,385 |
| Jan 2014 | 5,829 | 6,121 | 90.40 | 4.86 | $556,694 |
| Dec 2013 | 5,789 | 5,720 | 91.82 | 4.35 | $556,454 |
| Nov 2013 | 6,317 | 5,325 | 88.85 | 3.74 | $581,172 |
| Oct 2013 | 6,817 | 6,345 | 97.42 | 3.78 | $688,092 |
| Sep 2013 | 7,842 | 8,190 | 104.11 | 3.72 | $846,879 |
| Aug 2013 | 8,600 | 6,274 | 104.25 | 3.52 | $918,651 |
| Jul 2013 | 10,092 | 9,081 | 102.52 | 3.72 | $1,068,393 |
| Jun 2013 | 12,874 | 13,470 | 94.40 | 3.93 | $1,268,289 |
| May 2013 | 16,228 | 15,480 | 94.83 | 4.15 | $1,603,129 |
| Apr 2013 | 12,730 | 5,986 | 93.96 | 4.28 | $1,221,746 |
| Mar 2013 | 1 | 0 | 93.62 | 3.91 | $94 |
| Feb 2013 | 1,306 | 119 | 91.23 | 3.42 | $119,553 |
| Jan 2013 | 2,435 | 565 | 91.60 | 3.42 | $224,978 |
| Dec 2012 | 2,461 | 428 | 86.77 | 3.42 | $215,005 |
| Nov 2012 | 2,413 | 747 | 86.95 | 3.62 | $212,518 |
| Oct 2012 | 2,876 | 682 | 89.38 | 3.40 | $259,375 |
| Sep 2012 | 2,604 | 543 | 94.67 | 2.92 | $248,105 |
| Aug 2012 | 2,429 | 336 | 92.66 | 2.91 | $226,048 |
| Jul 2012 | 3,169 | 1,639 | 85.13 | 3.02 | $274,728 |
| Jun 2012 | 3,294 | 1,978 | 79.82 | 2.52 | $267,910 |
| May 2012 | 4,270 | 3,528 | 91.61 | 2.49 | $399,953 |
| Apr 2012 | 4,904 | 3,347 | 101.65 | 2.00 | $505,175 |
| Mar 2012 | 6,995 | 5,692 | 105.05 | 2.22 | $747,473 |
| Feb 2012 | 8,841 | 10,767 | 101.10 | 2.57 | $921,499 |
| Jan 2012 | 12,537 | 6,433 | 98.09 | 2.73 | $1,247,343 |
| Dec 2011 | 10,772 | 3,352 | 96.87 | 3.24 | $1,054,343 |
| Nov 2011 | 12,290 | 0 | 95.72 | 3.31 | $1,176,399 |
| Oct 2011 | 2 | 0 | 84.98 | 3.65 | $170 |
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 194 bbl × $106.41 = $20,644 Casinghead gas 2,541 Mcf × $ 3.05 = $7,739 ──────────────────────────────────────────────────── Month total $28,383
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/25809 is the state's own key, not one this site invented.