TURNER UNIT

Operated by EMPIRE TEXAS OPERATING LLC (P-5 100365) in the FORT TRINIDAD, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26407District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$9.3 M
Jun 2013 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
156
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 310 leases and 403 wells, and the rule below applies to all of them.

Discovered
1965-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-02-23.

The Commission's schedule remark for this field reads: DUE TO COMPUTER RESTRAINTS THE HIGHEST POSSIBLE TOP IS 3499

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
OilDisposition132,023 bbl$8,886,061
Casinghead gasProduction116,066 Mcf$426,584
Total$9,312,644

Every month this lease reported (156)

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

156 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 2019142053.112.30$7,542
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 2017124049.292.98$6,112
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 2017342049.413.42$16,898
Dec 2016355048.763.72$17,310
Nov 2016351042.492.64$14,914
Oct 2016513046.193.09$23,695
Sep 2016514041.553.10$21,357
Aug 20161,320041.442.92$54,701
Jul 20162,732041.622.92$113,706
Jun 20163,091045.352.69$140,177
May 20162,670042.521.99$113,528
Apr 20162,150036.561.99$78,604
Mar 20163,148033.011.79$103,915
Feb 20162,717026.472.06$71,919
Jan 20163,088027.352.36$84,457
Dec 20151,641032.362.00$53,103
Nov 20151,670038.792.17$64,779
Oct 20152,0032,06643.552.43$92,244
Sep 2015844042.992.76$36,284
Aug 20152,47936940.162.87$100,617
Jul 20154,8782,16448.152.95$241,249
Jun 20154,0922,26956.152.88$236,307
May 20153,0461,81955.212.96$173,546
Apr 20156,7935,82249.822.71$354,185
Mar 20153,6747,92642.892.93$180,838
Feb 20154,1056,48044.662.98$202,615
Jan 20157,0088,21443.433.10$329,826
Dec 20146,169054.693.59$337,383
Nov 20141,979070.464.25$139,440
Oct 20142,58716,01878.303.90$265,048
Sep 201411,4423,18786.164.05$998,736
Aug 20141,1585,23389.394.04$124,629
Jul 20141,5141,10896.564.18$150,823
Jun 20141,55127298.164.74$153,535
May 20141,7252,62794.734.73$175,826
Apr 20141,9823,73395.944.81$208,106
Mar 20142,4235,52695.895.06$260,285
Feb 2014691097.406.19$67,303
Jan 20142,6483,01990.404.86$254,054
Dec 20132,0723,47891.824.35$205,396
Nov 20131,7782,14388.853.74$165,986
Oct 20132,8114,66097.423.78$291,459
Sep 20132,8164,184104.113.72$308,729
Aug 20137,3218,041104.253.52$791,540
Jul 201313,86615,708102.523.72$1,479,941
Jun 20130094.403.93$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.

Aug 2019 — as filed, then multipliedworked
Oil                  142 bbl  × $ 53.11 =     $7,542
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $7,542

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/26407 is the state's own key, not one this site invented.