CHANDLER

Operated by TRAILBLAZER ENERGY RESOURCES,LLC (P-5 100797) in the FT. TRINIDAD,S.(OTTOS SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26550District 03Field 32175825OilCasinghead gasSaveExport
Value, all time
$22.0 M
Jun 2014 – May 2026
Value, last 12 filed months
$672 k
at the published price for each month
Months reported
144
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 8 leases and 13 wells, and the rule below applies to all of them.

Discovered
1973-09-20
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-08-01.

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
OilDisposition351,030 bbl$20,439,754
Casinghead gasProduction477,007 Mcf$1,603,069
Total$22,042,823

Every month this lease reported (144)

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

144 months

May 202600106.413.05$0
Apr 20265351,08198.932.87$56,030
Mar 202691686189.753.15$84,923
Feb 202655260463.503.75$37,317
Jan 202685642959.138.00$54,046
Dec 202587693056.664.41$53,739
Nov 20258971,66358.593.93$59,085
Oct 20251,0992,01059.383.30$71,901
Sep 20251,0382,11462.743.08$71,629
Aug 20258892,58163.933.01$64,615
Jul 20259031,96866.743.32$66,791
Jun 20256971,77166.483.13$51,878
May 20257181,08260.553.23$46,972
Apr 20251,0782,24162.363.54$75,164
Mar 20257132,97067.704.27$60,947
Feb 20257241,81470.884.34$59,191
Jan 20257131,71874.324.28$60,341
Dec 20247192,22768.993.12$56,555
Nov 20248242,65969.052.20$62,743
Oct 20245451,59571.372.28$42,535
Sep 20245492,09269.612.36$43,162
Aug 20248902,63275.632.06$72,742
Jul 20248972,91379.932.15$77,950
Jun 20245181,87778.082.63$45,389
May 20249142,48878.812.20$77,502
Apr 20247052,92084.451.66$64,382
Mar 20241,0783,33380.301.55$91,713
Feb 20241,0842,86476.091.78$87,590
Jan 202434986273.023.30$28,327
Dec 20238991,44971.262.61$67,846
Nov 20231,0782,68977.892.81$91,515
Oct 20239033,07785.443.09$86,652
Sep 20231,0773,54989.042.74$105,603
Aug 20238923,54980.522.67$81,310
Jul 20239013,21174.852.64$75,923
Jun 20231,0783,20568.962.26$81,577
May 20238752,59370.622.23$67,568
Apr 20239062,92778.122.24$77,327
Mar 20231,0823,25072.852.39$86,601
Feb 20231,2092,62175.112.47$97,271
Jan 20231,2352,71776.533.39$103,719
Dec 20221,0762,25876.415.73$95,153
Nov 20221,2633,24085.005.65$125,649
Oct 20225351,00787.185.86$52,546
Sep 20228712,79784.888.16$96,764
Aug 20221,4253,72894.529.13$168,717
Jul 20221,6393,541101.587.54$193,196
Jun 20221,4493,165115.097.98$192,013
May 20221,7773,609109.378.43$224,785
Apr 20221,6463,483104.226.84$195,361
Mar 20221,2742,942108.885.08$153,648
Feb 20221,1082,68591.054.86$113,929
Jan 20221,4783,09881.844.54$135,017
Dec 20211,4543,69571.323.90$118,107
Nov 20219133,38077.435.24$88,394
Oct 20211,4223,58979.795.71$133,968
Sep 20211,8383,73669.865.35$148,394
Aug 20211,9883,91166.024.22$147,754
Jul 20211,7343,71770.783.98$137,534
Jun 20211,7433,63469.493.38$133,406
May 20211,8003,61263.483.02$125,164
Apr 20211,8053,62060.362.76$118,935
Mar 20211,8653,83461.302.72$124,741
Feb 20211,2592,60257.805.55$87,206
Jan 20211,4342,92350.412.81$80,502
Dec 20201,4442,30544.642.68$70,627
Nov 20201,3961,40138.772.71$57,915
Oct 20201,5862,15836.972.48$63,983
Sep 20205281,46937.091.99$22,508
Aug 20201,5962,92339.982.39$70,780
Jul 20201,7583,44238.371.83$73,737
Jun 20201,9563,09134.901.69$73,489
May 20207173116.921.81$12,188
Apr 20202,0542,72414.751.80$35,212
Mar 20201,8152,82630.341.86$60,313
Feb 20201,9432,65149.881.98$102,168
Jan 20202,1522,80757.252.09$129,082
Dec 20191,6542,67259.012.30$103,760
Nov 20191,6532,53655.302.75$98,387
Oct 20192,0232,53653.472.42$114,303
Sep 20192,1812,82555.052.66$127,571
Aug 20192,0072,95353.112.30$113,397
Jul 20192,1562,87656.272.46$128,393
Jun 20192,1832,74052.782.49$122,045
May 20192,3102,86158.482.74$142,929
Apr 20192,7482,78862.632.75$179,776
Mar 20192,1512,53256.803.06$129,930
Feb 20191,8572,10850.852.79$100,314
Jan 20192,5312,32046.033.23$123,991
Dec 20181,8542,10646.594.19$95,192
Nov 20182,5591,95052.934.24$143,710
Oct 20182,7962,05061.443.40$178,752
Sep 20182,3771,79559.543.11$147,105
Aug 20182,9181,88459.403.07$179,107
Jul 20182,5141,66765.142.93$168,649
Jun 20182,3511,48760.183.08$146,059
May 20182,3661,56665.382.90$159,232
Apr 20182,2821,60563.842.90$150,339
Mar 20182,4871,70361.222.79$157,000
Feb 20182,3551,49161.782.77$149,616
Jan 20182,5021,63162.874.01$163,840
Dec 20172,4711,59857.272.92$146,183
Nov 20172,5251,90855.423.12$145,885
Oct 20172,7301,88749.292.98$140,192
Sep 20172,6402,01547.523.09$131,674
Aug 20172,6811,83845.373.00$127,159
Jul 20172,9922,17243.873.09$137,965
Jun 20172,8142,58742.493.09$127,554
May 20173,3682,60945.373.26$161,320
Apr 20173,3602,63547.933.21$169,507
Mar 20173,5412,68246.772.98$173,615
Feb 20173,1912,41950.452.95$168,128
Jan 20173,0472,25149.413.42$158,248
Dec 20162,8192,41048.763.72$146,426
Nov 20163,2142,43842.492.64$143,010
Oct 20162,8352,64746.193.09$139,129
Sep 20163,0162,91041.553.10$134,338
Aug 20163,5263,33541.442.92$155,870
Jul 20163,2653,47341.622.92$146,046
Jun 20163,9613,85745.352.69$189,991
May 20163,6314,19442.521.99$162,741
Apr 20163,9344,53236.561.99$152,850
Mar 20164,7864,96533.011.79$166,893
Feb 20164,7124,46426.472.06$133,939
Jan 20165,2094,17527.352.36$152,337
Dec 20155,0084,04932.362.00$170,163
Nov 20154,5933,74838.792.17$186,286
Oct 20153,8993,31543.552.43$177,846
Sep 20152,3671,91542.992.76$107,040
Aug 20152,6453,26240.162.87$115,593
Jul 20155,0008,30648.152.95$265,212
Jun 20155,8179,02656.152.88$352,645
May 20156,1959,70455.212.96$370,706
Apr 20156,4356,64249.822.71$338,569
Mar 20157,2005,58342.892.93$325,192
Feb 20152,9543,56144.662.98$142,524
Jan 20158,38613,81843.433.10$407,048
Dec 201417,67948,01954.693.59$1,139,318
Nov 201418,34018,13570.464.25$1,369,344
Oct 20145,5524,64678.303.90$452,845
Sep 20146,9884,10286.164.05$618,680
Aug 20141,8501,69289.394.04$172,199
Jul 20149,5206,55396.564.18$946,640
Jun 20147,3673,47898.164.74$739,620

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.

Apr 2026 — as filed, then multipliedworked
Oil                  535 bbl  × $ 98.93 =    $52,928
Casinghead gas     1,081 Mcf  × $  2.87 =     $3,102

────────────────────────────────────────────────────
Month total                                  $56,030

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/26550 is the state's own key, not one this site invented.