SEVEN J STOCK FARMS

Operated by PARTEN OPERATING INC. (P-5 642718) 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 26967District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$1.9 M
Nov 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
139
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
OilDisposition22,666 bbl$1,097,191
Casinghead gasProduction273,225 Mcf$760,619
Total$1,857,810

Every month this lease reported (139)

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

139 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 202217716494.529.13$18,227
Jul 2022013101.587.54$98
Jun 202201,720115.097.98$13,721
May 20221781,738109.378.43$34,124
Apr 20220922104.226.84$6,304
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202201481.844.54$64
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 202107970.783.98$315
Jun 202101,72169.493.38$5,818
May 20211861,75563.483.02$17,103
Apr 202101,55560.362.76$4,289
Mar 20211792,48861.302.72$17,732
Feb 202101,44157.805.55$7,995
Jan 202102,62250.412.81$7,369
Dec 20201941,48444.642.68$12,631
Nov 202002,27338.772.71$6,152
Oct 20201863,24836.972.48$14,926
Sep 202002,47137.091.99$4,920
Aug 20201792,28739.982.39$12,611
Jul 20201923,10038.371.83$13,025
Jun 202002,67334.901.69$4,518
May 202002,68416.921.81$4,871
Apr 20201862,67614.751.80$7,572
Mar 202002,48730.341.86$4,616
Feb 20201901,18949.881.98$11,832
Jan 202003,41457.252.09$7,151
Dec 20191931,71059.012.30$15,329
Nov 2019085455.302.75$2,349
Oct 20191872,33853.472.42$15,653
Sep 20191902,68555.052.66$17,594
Aug 201901,41353.112.30$3,256
Jul 20191502,85356.272.46$15,459
Jun 201919178352.782.49$12,032
May 201901,96658.482.74$5,387
Apr 20191872,27762.632.75$17,975
Mar 201901,62356.803.06$4,970
Feb 20191902,87550.852.79$17,689
Jan 20191902,27146.033.23$16,077
Dec 20181862,89546.594.19$20,783
Nov 20181913,99252.934.24$27,025
Oct 201803,06461.443.40$10,412
Sep 20181904,13759.543.11$24,170
Aug 20181914,09559.403.07$23,903
Jul 20181863,73565.142.93$23,067
Jun 20183683,05860.183.08$31,555
May 20181843,68865.382.90$22,728
Apr 20183553,79863.842.90$33,680
Mar 20183725,89761.222.79$39,208
Feb 20185492,84361.782.77$41,781
Jan 20183603,52762.874.01$36,774
Dec 20176953,80457.272.92$50,916
Nov 20178595,83955.423.12$65,814
Oct 20179051,97749.292.98$50,506
Sep 20171833,71747.523.09$20,172
Aug 20171893,59045.373.00$19,361
Jul 20171873,28343.873.09$18,339
Jun 20171893,63942.493.09$19,265
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20171871,99546.772.98$14,698
Feb 201787050.452.95$4,389
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016093946.193.09$2,902
Sep 201664159741.553.10$28,485
Aug 20160041.442.92$0
Jul 20161791,22341.622.92$11,026
Jun 20161822,77045.352.69$15,693
May 20160042.521.99$0
Apr 20160436.561.99$8
Mar 20160433.011.79$7
Feb 20169147,68226.472.06$40,046
Jan 20161,21910,17827.352.36$57,404
Dec 20151,0458,28932.362.00$50,406
Nov 201554329,81038.792.17$85,671
Oct 20151,04310,77843.552.43$71,576
Sep 20153618,48142.992.76$38,914
Aug 20157196,29340.162.87$46,952
Jul 20151,5646,48348.152.95$94,400
Jun 20151,62211,13556.152.88$123,176
May 20157309,99455.212.96$69,840
Apr 20151,6149,84749.822.71$107,061
Mar 20151733,88542.892.93$18,821
Feb 20151792,39444.662.98$15,119
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$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 2022 — as filed, then multipliedworked
Oil                  177 bbl  × $ 94.52 =    $16,730
Casinghead gas       164 Mcf  × $  9.13 =     $1,497

────────────────────────────────────────────────────
Month total                                  $18,227

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/26967 is the state's own key, not one this site invented.