J.A. CHANDLER

Operated by JAMEX, INC. (P-5 429659) 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 26823District 03Field 32175825OilCasinghead gasSaveExport
Value, all time
$6.7 M
Jun 2015 – May 2026
Value, last 12 filed months
$334 k
at the published price for each month
Months reported
132
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
OilDisposition123,559 bbl$6,273,503
Casinghead gasProduction163,636 Mcf$450,034
Total$6,723,537

Every month this lease reported (132)

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

132 months

May 20265140106.413.05$54,695
Apr 2026162098.932.87$16,027
Mar 2026335089.753.15$30,066
Feb 2026617063.503.75$39,180
Jan 2026162059.138.00$9,579
Dec 2025498056.664.41$28,217
Nov 2025169058.593.93$9,902
Oct 2025505059.383.30$29,987
Sep 2025338062.743.08$21,206
Aug 2025655063.933.01$41,874
Jul 2025459066.743.32$30,634
Jun 2025333066.483.13$22,138
May 2025499060.553.23$30,214
Apr 2025489062.363.54$30,494
Mar 2025314067.704.27$21,258
Feb 2025484070.884.34$34,306
Jan 2025168074.324.28$12,486
Dec 2024331068.993.12$22,836
Nov 2024500069.052.20$34,525
Oct 2024338071.372.28$24,123
Sep 2024501069.612.36$34,875
Aug 2024499075.632.06$37,739
Jul 2024318079.932.15$25,418
Jun 2024507078.082.63$39,587
May 2024480078.812.20$37,829
Apr 2024635084.451.66$53,626
Mar 2024471080.301.55$37,821
Feb 2024674076.091.78$51,285
Jan 2024160073.023.30$11,683
Dec 2023513071.262.61$36,556
Nov 2023505077.892.81$39,334
Oct 2023481085.443.09$41,097
Sep 2023329089.042.74$29,294
Aug 2023480080.522.67$38,650
Jul 2023638074.852.64$47,754
Jun 2023498068.962.26$34,342
May 2023662070.622.23$46,750
Apr 2023494078.122.24$38,591
Mar 2023508072.852.39$37,008
Feb 2023512075.112.47$38,456
Jan 2023506076.533.39$38,724
Dec 2022643076.415.73$49,132
Nov 2022485085.005.65$41,225
Oct 2022658087.185.86$57,364
Sep 2022493084.888.16$41,846
Aug 2022503094.529.13$47,544
Jul 20223290101.587.54$33,420
Jun 20223290115.097.98$37,865
May 20223360109.378.43$36,748
Apr 20223310104.226.84$34,497
Mar 20226670108.885.08$72,623
Feb 2022172091.054.86$15,661
Jan 2022320081.844.54$26,189
Dec 2021658071.323.90$46,929
Nov 2021330077.435.24$25,552
Oct 2021478079.795.71$38,140
Sep 2021659069.865.35$46,038
Aug 2021469066.024.22$30,963
Jul 2021673070.783.98$47,635
Jun 2021987069.493.38$68,587
May 2021334063.483.02$21,202
Apr 2021828060.362.76$49,978
Mar 2021337061.302.72$20,658
Feb 2021168057.805.55$9,710
Jan 2021470050.412.81$23,693
Dec 2020328044.642.68$14,642
Nov 2020333038.772.71$12,910
Oct 2020513036.972.48$18,966
Sep 2020338037.091.99$12,536
Aug 2020151039.982.39$6,037
Jul 2020500038.371.83$19,185
Jun 2020164034.901.69$5,724
May 2020322016.921.81$5,448
Apr 2020330014.751.80$4,868
Mar 2020332030.341.86$10,073
Feb 2020497049.881.98$24,790
Jan 2020333057.252.09$19,064
Dec 2019159059.012.30$9,383
Nov 20190055.302.75$0
Oct 201950316753.472.42$27,299
Sep 201948889755.052.66$29,248
Aug 201953129153.112.30$28,872
Jul 201934790756.272.46$21,757
Jun 20195201,03452.782.49$30,022
May 201950873458.482.74$31,719
Apr 201916917362.632.75$11,060
Mar 201935063656.803.06$21,828
Feb 20195401,07950.852.79$30,472
Jan 20195211,35646.033.23$28,359
Dec 201870382746.594.19$36,214
Nov 20185581,30552.934.24$35,065
Oct 20185251,42461.443.40$37,095
Sep 20185381,09159.543.11$35,423
Aug 20187021,24959.403.07$45,529
Jul 20185221,51765.142.93$38,451
Jun 20187311,55160.183.08$48,764
May 20187091,20065.382.90$49,835
Apr 201875167863.842.90$49,911
Mar 20187481,45361.222.79$49,842
Feb 20185543,04161.782.77$42,638
Jan 20189022,94962.874.01$68,532
Dec 20178222,77157.272.92$55,171
Nov 20178772,26155.423.12$55,654
Oct 20179292,46149.292.98$53,133
Sep 20177031,33647.523.09$37,531
Aug 20179112,70045.373.00$49,444
Jul 20178902,87343.873.09$47,914
Jun 20178993,35542.493.09$48,556
May 20171,2603,55745.373.26$68,774
Apr 20171,0783,35547.933.21$62,443
Mar 20171,4093,97346.772.98$77,753
Feb 20171,2654,35250.452.95$76,669
Jan 20171,4585,05249.413.42$89,312
Dec 20161,8175,68348.763.72$109,754
Nov 20161,6235,44242.492.64$83,352
Oct 20161,9346,03246.193.09$107,972
Sep 20162,1696,14041.553.10$109,160
Aug 20161,9845,22441.442.92$97,494
Jul 20162,4795,86941.622.92$120,339
Jun 20162,5026,54845.352.69$131,053
May 20162,7116,40742.521.99$128,028
Apr 20163,0837,08336.561.99$126,817
Mar 20163,9289,73933.011.79$147,135
Feb 20163,8127,39026.472.06$116,154
Jan 20164,4006,40727.352.36$135,488
Dec 20154,2195,21232.362.00$146,958
Nov 20154,8644,65238.792.17$198,757
Oct 20156,0623,32543.552.43$272,068
Sep 20156,1894,23642.992.76$277,750
Aug 20157,3684,00840.162.87$307,412
Jul 20153,29663448.152.95$160,570
Jun 20150056.152.88$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                  514 bbl  × $106.41 =    $54,695
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $54,695

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/26823 is the state's own key, not one this site invented.