JOHN GRESHAM UNIT

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 25901District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$18.6 M
Mar 2012 – May 2026
Value, last 12 filed months
$361 k
at the published price for each month
Months reported
171
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
OilDisposition246,463 bbl$18,277,946
Casinghead gasProduction80,015 Mcf$293,507
Total$18,571,453

Every month this lease reported (171)

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

171 months

May 202637065106.413.05$39,570
Apr 20265233698.932.87$51,844
Mar 20263673589.753.15$33,048
Feb 20263767863.503.75$24,169
Jan 202653721259.138.00$33,448
Dec 202538821456.664.41$22,929
Nov 202538220258.593.93$23,175
Oct 202537823259.383.30$23,212
Sep 202537323662.743.08$24,128
Aug 202553628763.933.01$35,132
Jul 202536220066.743.32$24,823
Jun 202537625466.483.13$25,791
May 202554518160.553.23$33,585
Apr 202556417862.363.54$35,802
Mar 202518021267.704.27$13,091
Feb 202556422070.884.34$40,931
Jan 202536721074.324.28$28,174
Dec 202437217968.993.12$26,223
Nov 202454814669.052.20$38,160
Oct 202454225571.372.28$39,264
Sep 202454924269.612.36$38,788
Aug 202436514575.632.06$27,904
Jul 202453523479.932.15$43,265
Jun 202454023078.082.63$42,769
May 202435721778.812.20$28,612
Apr 202472524284.451.66$61,628
Mar 20243671180.301.55$29,487
Feb 20241901976.091.78$14,491
Jan 202455623773.023.30$41,381
Dec 202371126671.262.61$51,360
Nov 202388931177.892.81$70,117
Oct 202389637885.443.09$77,721
Sep 202353441189.042.74$48,671
Aug 202372443180.522.67$59,448
Jul 202376036774.852.64$57,856
Jun 202357225768.962.26$40,026
May 202372823670.622.23$51,937
Apr 202356426178.122.24$44,644
Mar 202372725372.852.39$53,567
Feb 202374019075.112.47$56,050
Jan 202371922576.533.39$55,787
Dec 202234213476.415.73$26,900
Nov 202254620085.005.65$47,539
Oct 202256321387.185.86$50,331
Sep 202271332684.888.16$63,181
Aug 202256031194.529.13$55,770
Jul 2022377261101.587.54$40,264
Jun 202254256115.097.98$62,826
May 2022537386109.378.43$61,987
Apr 2022880331104.226.84$93,977
Mar 202271658108.885.08$78,253
Feb 20227214191.054.86$65,846
Jan 20221,0975981.844.54$90,046
Dec 202173921171.323.90$53,528
Nov 202152730677.435.24$42,408
Oct 202172542679.795.71$60,282
Sep 202171543269.865.35$52,262
Aug 202189234666.024.22$60,350
Jul 20211,07144170.783.98$77,561
Jun 202170945569.493.38$50,807
May 202172535863.483.02$47,103
Apr 202188038760.362.76$54,184
Mar 202189732361.302.72$55,864
Feb 202171618257.805.55$42,395
Jan 2021540050.412.81$27,221
Dec 20200044.642.68$0
Nov 2020176038.772.71$6,824
Oct 20201,058036.972.48$39,114
Sep 2020722037.091.99$26,779
Aug 2020905039.982.39$36,182
Jul 2020807038.371.83$30,965
Jun 2020901034.901.69$31,445
May 20201,075016.921.81$18,189
Apr 2020359014.751.80$5,295
Mar 20201,092030.341.86$33,131
Feb 2020723049.881.98$36,063
Jan 20201,072057.252.09$61,372
Dec 2019713059.012.30$42,074
Nov 2019938055.302.75$51,871
Oct 2019939053.472.42$50,208
Sep 2019941055.052.66$51,802
Aug 20191,108053.112.30$58,846
Jul 2019914056.272.46$51,431
Jun 20191,074052.782.49$56,686
May 2019887058.482.74$51,872
Apr 20191,081062.632.75$67,703
Mar 20191,058056.803.06$60,094
Feb 2019369050.852.79$18,764
Jan 2019914046.033.23$42,071
Dec 2018908046.594.19$42,304
Nov 20181,271052.934.24$67,274
Oct 2018881061.443.40$54,129
Sep 20181,085059.543.11$64,601
Aug 2018873059.403.07$51,856
Jul 20181,074065.142.93$69,960
Jun 2018877060.183.08$52,778
May 20181,084065.382.90$70,872
Apr 20181,085063.842.90$69,266
Mar 20181,432061.222.79$87,667
Feb 2018891061.782.77$55,046
Jan 20181,240062.874.01$77,959
Dec 20171,080057.272.92$61,852
Nov 20171,255055.423.12$69,552
Oct 20171,242049.292.98$61,218
Sep 20171,252047.523.09$59,495
Aug 20171,240045.373.00$56,259
Jul 20171,050043.873.09$46,064
Jun 20171,237042.493.09$52,560
May 20171,254045.373.26$56,894
Apr 2017518047.933.21$24,828
Mar 2017885046.772.98$41,391
Feb 20171,387050.452.95$69,974
Jan 20171,797049.413.42$88,790
Dec 20161,461048.763.72$71,238
Nov 20161,569042.492.64$66,667
Oct 2016719046.193.09$33,211
Sep 20161,262041.553.10$52,436
Aug 20161,432041.442.92$59,342
Jul 20161,099041.622.92$45,740
Jun 20161,661045.352.69$75,326
May 20161,428042.521.99$60,719
Apr 2016736036.561.99$26,908
Mar 20161,477033.011.79$48,756
Feb 20161,278026.472.06$33,829
Jan 20161,468027.352.36$40,150
Dec 20151,843032.362.00$59,639
Nov 20151,481038.792.17$57,448
Oct 20151,271043.552.43$55,352
Sep 20151,779042.992.76$76,479
Aug 20151,605040.162.87$64,457
Jul 20151,623048.152.95$78,147
Jun 2015702056.152.88$39,417
May 20151,620055.212.96$89,440
Apr 20151,777049.822.71$88,530
Mar 20152,114042.892.93$90,669
Feb 20151,947044.662.98$86,953
Jan 20151,426043.433.10$61,931
Dec 20142,320054.693.59$126,881
Nov 2014720070.464.25$50,731
Oct 2014876078.303.90$68,591
Sep 20141,968086.164.05$169,563
Aug 20142,0221,01189.394.04$184,826
Jul 20142,0761,04896.564.18$204,839
Jun 20141,8621,08998.164.74$187,932
May 20142,7491,32994.734.73$266,694
Apr 20142,3411,33195.944.81$230,996
Mar 20142,32796495.895.06$228,011
Feb 20142,01673897.406.19$200,928
Jan 20141,79661790.404.86$165,357
Dec 20132,45499091.824.35$229,637
Nov 20132,4051,03688.853.74$217,557
Oct 20132,9161,18897.423.78$288,567
Sep 20132,5301,132104.113.72$267,607
Aug 20132,1571,103104.253.52$228,753
Jul 20133,7092,652102.523.72$390,106
Jun 20133,4942,83494.403.93$340,981
May 20133,5032,41594.834.15$342,210
Apr 20134,1243,00693.964.28$400,365
Mar 20133,6311,78793.623.91$346,927
Feb 20134,1152,63491.233.42$384,419
Jan 20135,4634,53091.603.42$515,903
Dec 20125,5514,40886.773.42$496,736
Nov 20126,9144,73686.953.62$618,340
Oct 20128,6175,57289.383.40$789,130
Sep 20128,5674,61694.672.92$824,509
Aug 20129,4413,43092.662.91$884,778
Jul 20129,3454,03185.133.02$807,717
Jun 20126,4372,77679.822.52$520,794
May 20128,3101,97491.612.49$766,191
Apr 2012770101.652.00$7,827
Mar 201200105.052.22$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                  370 bbl  × $106.41 =    $39,372
Casinghead gas        65 Mcf  × $  3.05 =       $198

────────────────────────────────────────────────────
Month total                                  $39,570

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/25901 is the state's own key, not one this site invented.