WALL RANCH

Operated by OAK ENERGY, LLC (P-5 617101) 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 27234District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$2.4 M
Oct 2014 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
140
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
OilDisposition45,201 bbl$2,397,344
Casinghead gasProduction1,884 Mcf$7,456
Total$2,404,800

Every month this lease reported (140)

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

140 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 2023348072.852.39$25,352
Feb 2023178075.112.47$13,370
Jan 2023367076.533.39$28,087
Dec 2022195076.415.73$14,900
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022187084.888.16$15,873
Aug 2022178094.529.13$16,825
Jul 20223630101.587.54$36,874
Jun 20221870115.097.98$21,522
May 202200109.378.43$0
Apr 20223540104.226.84$36,894
Mar 20221870108.885.08$20,361
Feb 2022175091.054.86$15,934
Jan 2022180081.844.54$14,731
Dec 2021184071.323.90$13,123
Nov 2021370077.435.24$28,649
Oct 2021190079.795.71$15,160
Sep 2021183069.865.35$12,784
Aug 2021183066.024.22$12,082
Jul 2021361070.783.98$25,552
Jun 2021150069.493.38$10,424
May 2021362063.483.02$22,980
Apr 2021534060.362.76$32,232
Mar 2021185061.302.72$11,341
Feb 2021183057.805.55$10,577
Jan 202159050.412.81$2,974
Dec 2020172044.642.68$7,678
Nov 2020177038.772.71$6,862
Oct 2020170036.972.48$6,285
Sep 2020347037.091.99$12,870
Aug 2020172039.982.39$6,877
Jul 2020355038.371.83$13,621
Jun 2020346034.901.69$12,075
May 2020163016.921.81$2,758
Apr 2020180014.751.80$2,655
Mar 2020375030.341.86$11,378
Feb 2020179049.881.98$8,929
Jan 2020367057.252.09$21,011
Dec 2019350059.012.30$20,654
Nov 2019180055.302.75$9,954
Oct 2019352053.472.42$18,821
Sep 2019185055.052.66$10,184
Aug 2019180053.112.30$9,560
Jul 2019362056.272.46$20,370
Jun 2019361052.782.49$19,054
May 2019180058.482.74$10,526
Apr 2019160062.632.75$10,021
Mar 2019363056.803.06$20,618
Feb 2019170050.852.79$8,645
Jan 2019358046.033.23$16,479
Dec 2018356046.594.19$16,586
Nov 2018183052.934.24$9,686
Oct 2018180061.443.40$11,059
Sep 2018350059.543.11$20,839
Aug 2018358059.403.07$21,265
Jul 2018344065.142.93$22,408
Jun 2018177060.183.08$10,652
May 2018540065.382.90$35,305
Apr 2018524063.842.90$33,452
Mar 2018171061.222.79$10,469
Feb 2018187061.782.77$11,553
Jan 2018521062.874.01$32,755
Dec 2017186057.272.92$10,652
Nov 2017556055.423.12$30,814
Oct 2017179049.292.98$8,823
Sep 2017359047.523.09$17,060
Aug 2017363045.373.00$16,469
Jul 2017361043.873.09$15,837
Jun 2017705042.493.09$29,955
May 20170045.373.26$0
Apr 2017340047.933.21$16,296
Mar 2017357046.772.98$16,697
Feb 2017529050.452.95$26,688
Jan 2017359049.413.42$17,738
Dec 2016352048.763.72$17,164
Nov 2016508042.492.64$21,585
Oct 2016502046.193.09$23,187
Sep 2016325041.553.10$13,504
Aug 2016488041.442.92$20,223
Jul 2016785041.622.92$32,672
Jun 2016324045.352.69$14,693
May 2016651042.521.99$27,681
Apr 2016731036.561.99$26,725
Mar 2016720033.011.79$23,767
Feb 2016717026.472.06$18,979
Jan 2016303027.352.36$8,287
Dec 20150032.362.00$0
Nov 2015841038.792.17$32,622
Oct 2015541043.552.43$23,561
Sep 2015859042.992.76$36,928
Aug 2015724040.162.87$29,076
Jul 2015763048.152.95$36,738
Jun 20151,100056.152.88$61,765
May 2015795055.212.96$43,892
Apr 20151,547049.822.71$77,072
Mar 20151,072042.892.93$45,978
Feb 2015736444.662.98$32,882
Jan 20152,63615243.433.10$114,953
Dec 20144,13953554.693.59$228,283
Nov 20142,8101,13370.464.25$202,810
Oct 201406078.303.90$234

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.

Mar 2023 — as filed, then multipliedworked
Oil                  348 bbl  × $ 72.85 =    $25,352
Casinghead gas         0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                  $25,352

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/27234 is the state's own key, not one this site invented.