PATRICK

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.

Oil lease lease 25968District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$42.6 M
Dec 2011 – May 2026
Value, last 12 filed months
$449 k
at the published price for each month
Months reported
174
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
OilDisposition507,641 bbl$37,899,796
Casinghead gasProduction1,449,563 Mcf$4,744,341
Total$42,644,137

Every month this lease reported (174)

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

174 months

May 20264342,183106.413.05$52,831
Apr 20263422,09498.932.87$39,843
Mar 20263733,44989.753.15$44,339
Feb 20262563,21563.503.75$28,313
Jan 20263623,44259.138.00$48,934
Dec 20253783,54356.664.41$37,054
Nov 20251883,45058.593.93$24,561
Oct 20255463,59459.383.30$44,299
Sep 20251843,36762.743.08$21,904
Aug 20253603,57563.933.01$33,793
Jul 20255513,75066.743.32$49,206
Jun 20251873,61866.483.13$23,751
May 20253683,85060.553.23$34,727
Apr 20255513,69062.363.54$47,434
Mar 20253743,79667.704.27$41,522
Feb 20253733,49270.884.34$41,596
Jan 20253713,85074.324.28$44,046
Dec 20247313,92268.993.12$62,674
Nov 20243704,18969.052.20$34,758
Oct 20243694,38571.372.28$36,339
Sep 20245634,22869.612.36$49,187
Aug 20246044,27675.632.06$54,505
Jul 20243634,45379.932.15$38,573
Jun 20245644,35478.082.63$55,505
May 20245554,60478.812.20$53,861
Apr 20247715,63284.451.66$74,456
Mar 20247515,41680.301.55$68,674
Feb 20247424,76776.091.78$64,961
Jan 20247435,32073.023.30$71,797
Dec 20236926,84971.262.61$67,193
Nov 20239255,93577.892.81$88,711
Oct 20239076,60385.443.09$97,879
Sep 20235585,01889.042.74$63,409
Aug 20236096,96980.522.67$67,664
Jul 20237395,86574.852.64$70,808
Jun 20233755,64068.962.26$38,598
May 20239625,60870.622.23$80,428
Apr 20235787,14978.122.24$61,151
Mar 20231,0557,48172.852.39$94,760
Feb 20235485,00775.112.47$53,506
Jan 20233615,39876.533.39$45,914
Dec 20227095,31476.415.73$84,619
Nov 20225335,42085.005.65$75,907
Oct 20225525,70787.185.86$81,588
Sep 20227155,85484.888.16$108,479
Aug 20227215,77894.529.13$120,886
Jul 20225395,798101.587.54$98,481
Jun 20227195,172115.097.98$124,008
May 20223665,392109.378.43$85,500
Apr 20227315,544104.226.84$114,092
Mar 20227365,663108.885.08$108,883
Feb 20225564,74591.054.86$73,679
Jan 20225745,60581.844.54$72,410
Dec 20219406,09671.323.90$90,810
Nov 20217565,83977.435.24$89,115
Oct 20215596,34879.795.71$80,874
Sep 20217556,02069.865.35$84,957
Aug 20211,1016,19566.024.22$98,835
Jul 20217555,61070.783.98$75,778
Jun 20219255,55669.493.38$83,061
May 20217345,55463.483.02$63,354
Apr 20217345,40860.362.76$59,222
Mar 20211,0905,54561.302.72$81,882
Feb 20213694,30757.805.55$45,223
Jan 20217395,16250.412.81$51,760
Dec 20207355,60344.642.68$47,801
Nov 20205594,40938.772.71$33,606
Oct 20207314,52436.972.48$38,237
Sep 20209025,70637.091.99$44,816
Aug 20208915,78839.982.39$49,427
Jul 20201,0895,77338.371.83$52,321
Jun 20209107,70734.901.69$44,786
May 20200016.921.81$0
Apr 20201,0806,32014.751.80$27,334
Mar 20201,0986,59630.341.86$45,557
Feb 20201,2976,27249.881.98$77,117
Jan 20201,0986,47257.252.09$76,418
Dec 20199346,84059.012.30$70,877
Nov 20191,1046,60655.302.75$79,222
Oct 20191,0746,93753.472.42$74,204
Sep 20198927,00355.052.66$67,714
Aug 20191,6307,19453.112.30$103,147
Jul 20191,0657,03856.272.46$77,241
Jun 20191,2376,50452.782.49$81,492
May 20191,0707,16058.482.74$82,194
Apr 20191,4197,22562.632.75$108,746
Mar 20191,2637,54356.803.06$94,836
Feb 20191,0817,02050.852.79$74,570
Jan 20191,6198,00046.033.23$100,348
Dec 20181,7708,11046.594.19$116,408
Nov 20181,2137,72652.934.24$96,941
Oct 20181,4467,91061.443.40$115,721
Sep 20181,2577,72259.543.11$98,842
Aug 20181,4328,27259.403.07$110,427
Jul 20181,0808,52165.142.93$95,334
Jun 20181,5917,83060.183.08$119,839
May 20181,2368,72865.382.90$106,128
Apr 20181,2307,96963.842.90$101,640
Mar 20181,2309,06061.222.79$100,549
Feb 20181,2367,68361.782.77$97,612
Jan 20181,7158,64662.874.01$142,487
Dec 20171,5379,99057.272.92$117,210
Nov 20171,55410,41955.423.12$118,613
Oct 20171,67910,35249.292.98$113,645
Sep 20172,28411,11947.523.09$142,863
Aug 20171,89612,34245.373.00$123,102
Jul 20172,08712,02243.873.09$128,672
Jun 20172,08911,84542.493.09$125,330
May 20171,90212,52145.373.26$127,155
Apr 20172,28511,90047.933.21$147,738
Mar 20172,01613,09846.772.98$133,369
Feb 20172,18911,87150.452.95$145,485
Jan 20172,84315,91749.413.42$194,890
Dec 20162,67116,14848.763.72$190,354
Nov 20163,00215,82242.492.64$169,394
Oct 20163,02116,42346.193.09$190,291
Sep 20163,18615,62741.553.10$180,832
Aug 20163,17815,05741.442.92$175,728
Jul 20163,49816,24741.622.92$193,099
Jun 20163,48716,11445.352.69$201,415
May 20163,30115,63142.521.99$171,480
Apr 20163,27013,92436.561.99$147,274
Mar 20163,58314,93233.011.79$145,063
Feb 20163,47514,72526.472.06$122,370
Jan 20164,06016,84627.352.36$150,871
Dec 20154,1359,56132.362.00$152,944
Nov 20154,38216,37738.792.17$205,472
Oct 20154,93319,14843.552.43$261,296
Sep 20154,68118,75442.992.76$252,968
Aug 20155,59120,27240.162.87$282,766
Jul 20155,70919,05248.152.95$330,998
Jun 20155,79216,38956.152.88$372,468
May 20156,56120,34855.212.96$422,370
Apr 20156,99919,04849.822.71$400,245
Mar 20156,81015,57142.892.93$337,777
Feb 20156,72018,53044.662.98$355,264
Jan 20157,86417,97343.433.10$397,261
Dec 20147,60315,10754.693.59$470,063
Nov 20142,1104,55270.464.25$168,025
Oct 20140078.303.90$0
Sep 20143,0537,66386.164.05$294,047
Aug 20144,42111,48089.394.04$441,516
Jul 20144,60311,42896.564.18$492,230
Jun 20145,32611,97898.164.74$579,539
May 20145,56311,81394.734.73$582,818
Apr 20145,3719,93395.944.81$563,063
Mar 20145,5269,02095.895.06$575,500
Feb 20144,6707,25097.406.19$499,750
Jan 20145,3737,02590.404.86$519,866
Dec 20134,6906,43991.824.35$458,674
Nov 20135,4397,56288.853.74$511,524
Oct 20135,3457,08097.423.78$547,468
Sep 20135,7917,339104.113.72$630,186
Aug 20136,2988,654104.253.52$687,051
Jul 20136,0987,617102.523.72$653,485
Jun 20134,9055,73694.403.93$485,594
May 20134,5354,19694.834.15$447,464
Apr 20135,80112,92893.964.28$600,427
Mar 201310,23820,70593.623.91$1,039,498
Feb 20137,92816,08891.233.42$778,291
Jan 201310,78321,77291.603.42$1,062,181
Dec 201213,03125,98286.773.42$1,219,562
Nov 201212,87518,61186.953.62$1,186,945
Oct 201215,9634,03289.383.40$1,440,480
Sep 201215,53311,73694.672.92$1,504,759
Aug 201218,00010,73692.662.91$1,699,102
Jul 201220,43511,57385.133.02$1,774,591
Jun 201220,7718,12079.822.52$1,678,396
May 201214,6646,07691.612.49$1,358,488
Apr 201210,8232,859101.652.00$1,105,867
Mar 201214,9584,334105.052.22$1,580,968
Feb 20125,0881,149101.102.57$517,350
Jan 20121098.092.73$98
Dec 20114096.873.24$387

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                  434 bbl  × $106.41 =    $46,182
Casinghead gas     2,183 Mcf  × $  3.05 =     $6,649

────────────────────────────────────────────────────
Month total                                  $52,831

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/25968 is the state's own key, not one this site invented.