EDWARDS UNIT
Operated by SPINDLETOP OIL & GAS COMPANY (P-5 809930) in the HALLIDAY (WOODBINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Oil | Disposition | 23,261 bbl | $1,425,245 |
| Casinghead gas | Production | 24,961 Mcf | $84,243 |
| Total | $1,509,488 | ||
Every month this lease reported (118)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
118 months
| May 2026 | 1 | 96 | 106.41 | 3.05 | $399 |
| Apr 2026 | 1 | 94 | 98.93 | 2.87 | $369 |
| Mar 2026 | 149 | 101 | 89.75 | 3.15 | $13,691 |
| Feb 2026 | 1 | 90 | 63.50 | 3.75 | $401 |
| Jan 2026 | 190 | 94 | 59.13 | 8.00 | $11,987 |
| Dec 2025 | 180 | 121 | 56.66 | 4.41 | $10,733 |
| Nov 2025 | 1 | 136 | 58.59 | 3.93 | $593 |
| Oct 2025 | 1 | 119 | 59.38 | 3.30 | $453 |
| Sep 2025 | 1 | 62 | 62.74 | 3.08 | $254 |
| Aug 2025 | 185 | 1 | 63.93 | 3.01 | $11,830 |
| Jul 2025 | 1 | 113 | 66.74 | 3.32 | $441 |
| Jun 2025 | 178 | 240 | 66.48 | 3.13 | $12,584 |
| May 2025 | 180 | 248 | 60.55 | 3.23 | $11,701 |
| Apr 2025 | 186 | 234 | 62.36 | 3.54 | $12,428 |
| Mar 2025 | 167 | 185 | 67.70 | 4.27 | $12,096 |
| Feb 2025 | 1 | 122 | 70.88 | 4.34 | $600 |
| Jan 2025 | 1 | 150 | 74.32 | 4.28 | $716 |
| Dec 2024 | 181 | 202 | 68.99 | 3.12 | $13,118 |
| Nov 2024 | 1 | 202 | 69.05 | 2.20 | $513 |
| Oct 2024 | 169 | 225 | 71.37 | 2.28 | $12,575 |
| Sep 2024 | 174 | 228 | 69.61 | 2.36 | $12,651 |
| Aug 2024 | 178 | 242 | 75.63 | 2.06 | $13,962 |
| Jul 2024 | 183 | 204 | 79.93 | 2.15 | $15,065 |
| Jun 2024 | 1 | 235 | 78.08 | 2.63 | $697 |
| May 2024 | 359 | 225 | 78.81 | 2.20 | $28,787 |
| Apr 2024 | 179 | 219 | 84.45 | 1.66 | $15,480 |
| Mar 2024 | 1 | 209 | 80.30 | 1.55 | $403 |
| Feb 2024 | 1 | 171 | 76.09 | 1.78 | $381 |
| Jan 2024 | 180 | 181 | 73.02 | 3.30 | $13,740 |
| Dec 2023 | 376 | 255 | 71.26 | 2.61 | $27,459 |
| Nov 2023 | 180 | 235 | 77.89 | 2.81 | $14,680 |
| Oct 2023 | 1 | 213 | 85.44 | 3.09 | $743 |
| Sep 2023 | 181 | 222 | 89.04 | 2.74 | $16,723 |
| Aug 2023 | 180 | 253 | 80.52 | 2.67 | $15,170 |
| Jul 2023 | 181 | 256 | 74.85 | 2.64 | $14,224 |
| Jun 2023 | 0 | 211 | 68.96 | 2.26 | $477 |
| May 2023 | 349 | 224 | 70.62 | 2.23 | $25,145 |
| Apr 2023 | 0 | 147 | 78.12 | 2.24 | $329 |
| Mar 2023 | 188 | 178 | 72.85 | 2.39 | $14,122 |
| Feb 2023 | 175 | 171 | 75.11 | 2.47 | $13,566 |
| Jan 2023 | 176 | 195 | 76.53 | 3.39 | $14,130 |
| Dec 2022 | 177 | 223 | 76.41 | 5.73 | $14,802 |
| Nov 2022 | 0 | 225 | 85.00 | 5.65 | $1,270 |
| Oct 2022 | 379 | 258 | 87.18 | 5.86 | $34,554 |
| Sep 2022 | 180 | 225 | 84.88 | 8.16 | $17,115 |
| Aug 2022 | 176 | 209 | 94.52 | 9.13 | $18,543 |
| Jul 2022 | 0 | 246 | 101.58 | 7.54 | $1,855 |
| Jun 2022 | 356 | 232 | 115.09 | 7.98 | $42,823 |
| May 2022 | 0 | 230 | 109.37 | 8.43 | $1,940 |
| Apr 2022 | 179 | 206 | 104.22 | 6.84 | $20,064 |
| Mar 2022 | 310 | 209 | 108.88 | 5.08 | $34,814 |
| Feb 2022 | 178 | 268 | 91.05 | 4.86 | $17,509 |
| Jan 2022 | 0 | 268 | 81.84 | 4.54 | $1,216 |
| Dec 2021 | 297 | 268 | 71.32 | 3.90 | $22,227 |
| Nov 2021 | 185 | 260 | 77.43 | 5.24 | $15,686 |
| Oct 2021 | 178 | 240 | 79.79 | 5.71 | $15,574 |
| Sep 2021 | 183 | 288 | 69.86 | 5.35 | $14,325 |
| Aug 2021 | 353 | 304 | 66.02 | 4.22 | $24,588 |
| Jul 2021 | 0 | 291 | 70.78 | 3.98 | $1,159 |
| Jun 2021 | 182 | 280 | 69.49 | 3.38 | $13,594 |
| May 2021 | 184 | 317 | 63.48 | 3.02 | $12,637 |
| Apr 2021 | 179 | 302 | 60.36 | 2.76 | $11,637 |
| Mar 2021 | 364 | 321 | 61.30 | 2.72 | $23,185 |
| Feb 2021 | 175 | 185 | 57.80 | 5.55 | $11,141 |
| Jan 2021 | 351 | 279 | 50.41 | 2.81 | $18,478 |
| Dec 2020 | 178 | 313 | 44.64 | 2.68 | $8,783 |
| Nov 2020 | 184 | 288 | 38.77 | 2.71 | $7,913 |
| Oct 2020 | 360 | 335 | 36.97 | 2.48 | $14,139 |
| Sep 2020 | 182 | 322 | 37.09 | 1.99 | $7,391 |
| Aug 2020 | 346 | 328 | 39.98 | 2.39 | $14,615 |
| Jul 2020 | 545 | 337 | 38.37 | 1.83 | $21,527 |
| Jun 2020 | 0 | 10 | 34.90 | 1.69 | $17 |
| May 2020 | 0 | 1 | 16.92 | 1.81 | $2 |
| Apr 2020 | 0 | 247 | 14.75 | 1.80 | $446 |
| Mar 2020 | 180 | 340 | 30.34 | 1.86 | $6,092 |
| Feb 2020 | 177 | 332 | 49.88 | 1.98 | $9,486 |
| Jan 2020 | 354 | 350 | 57.25 | 2.09 | $21,000 |
| Dec 2019 | 164 | 359 | 59.01 | 2.30 | $10,505 |
| Nov 2019 | 186 | 342 | 55.30 | 2.75 | $11,227 |
| Oct 2019 | 183 | 366 | 53.47 | 2.42 | $10,670 |
| Sep 2019 | 368 | 326 | 55.05 | 2.66 | $21,125 |
| Aug 2019 | 131 | 171 | 53.11 | 2.30 | $7,351 |
| Jul 2019 | 177 | 431 | 56.27 | 2.46 | $11,020 |
| Jun 2019 | 354 | 421 | 52.78 | 2.49 | $19,733 |
| May 2019 | 351 | 428 | 58.48 | 2.74 | $21,699 |
| Apr 2019 | 178 | 395 | 62.63 | 2.75 | $12,235 |
| Mar 2019 | 174 | 417 | 56.80 | 3.06 | $11,160 |
| Feb 2019 | 348 | 385 | 50.85 | 2.79 | $18,771 |
| Jan 2019 | 314 | 423 | 46.03 | 3.23 | $15,819 |
| Dec 2018 | 180 | 420 | 46.59 | 4.19 | $10,144 |
| Nov 2018 | 363 | 397 | 52.93 | 4.24 | $20,896 |
| Oct 2018 | 170 | 450 | 61.44 | 3.40 | $11,974 |
| Sep 2018 | 520 | 475 | 59.54 | 3.11 | $32,437 |
| Aug 2018 | 184 | 483 | 59.40 | 3.07 | $12,411 |
| Jul 2018 | 356 | 490 | 65.14 | 2.93 | $24,626 |
| Jun 2018 | 358 | 491 | 60.18 | 3.08 | $23,055 |
| May 2018 | 359 | 507 | 65.38 | 2.90 | $24,942 |
| Apr 2018 | 359 | 40 | 63.84 | 2.90 | $23,035 |
| Mar 2018 | 350 | 0 | 61.22 | 2.79 | $21,427 |
| Feb 2018 | 363 | 0 | 61.78 | 2.77 | $22,426 |
| Jan 2018 | 0 | 2 | 62.87 | 4.01 | $8 |
| Dec 2017 | 334 | 1 | 57.27 | 2.92 | $19,131 |
| Nov 2017 | 505 | 0 | 55.42 | 3.12 | $27,987 |
| Oct 2017 | 351 | 0 | 49.29 | 2.98 | $17,301 |
| Sep 2017 | 360 | 0 | 47.52 | 3.09 | $17,107 |
| Aug 2017 | 177 | 0 | 45.37 | 3.00 | $8,030 |
| Jul 2017 | 528 | 0 | 43.87 | 3.09 | $23,163 |
| Jun 2017 | 0 | 0 | 42.49 | 3.09 | $0 |
| May 2017 | 0 | 2 | 45.37 | 3.26 | $7 |
| Apr 2017 | 340 | 5 | 47.93 | 3.21 | $16,312 |
| Mar 2017 | 337 | 2 | 46.77 | 2.98 | $15,767 |
| Feb 2017 | 179 | 9 | 50.45 | 2.95 | $9,057 |
| Jan 2017 | 174 | 77 | 49.41 | 3.42 | $8,861 |
| Dec 2016 | 162 | 0 | 48.76 | 3.72 | $7,899 |
| Nov 2016 | 533 | 0 | 42.49 | 2.64 | $22,647 |
| Oct 2016 | 179 | 0 | 46.19 | 3.09 | $8,268 |
| Sep 2016 | 522 | 0 | 41.55 | 3.10 | $21,689 |
| Aug 2016 | 0 | 0 | 41.44 | 2.92 | $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.
Oil 1 bbl × $106.41 = $106 Casinghead gas 96 Mcf × $ 3.05 = $292 ──────────────────────────────────────────────────── Month total $399
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/27319 is the state's own key, not one this site invented.