SEALE WARD B-1

Operated by DEGUELLO OPERATING LLC (P-5 210225) 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 27332District 03Field 38274666OilCasinghead gasSaveExport
Value, all time
$154 k
Feb 2017 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
112
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
OilDisposition2,765 bbl$146,810
Casinghead gasProduction2,359 Mcf$7,318
Total$154,128

Every month this lease reported (112)

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

112 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 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
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 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200230.341.86$4
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190659.012.30$14
Nov 20190355.302.75$8
Oct 20190553.472.42$12
Sep 201901255.052.66$32
Aug 20190853.112.30$18
Jul 201901356.272.46$32
Jun 201901252.782.49$30
May 20191796058.482.74$10,632
Apr 201918062.632.75$283
Mar 20191745056.803.06$10,036
Feb 201914650.852.79$179
Jan 20191787146.033.23$8,423
Dec 201815946.594.19$294
Nov 201815852.934.24$299
Oct 20181795561.443.40$11,185
Sep 201803259.543.11$99
Aug 201816259.403.07$250
Jul 20181758865.142.93$11,658
Jun 20181799660.183.08$11,068
May 20181065.382.90$65
Apr 2018180063.842.90$11,491
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017169057.272.92$9,679
Nov 2017170055.423.12$9,421
Oct 20170049.292.98$0
Sep 2017180047.523.09$8,554
Aug 201718947345.373.00$9,996
Jul 2017117043.873.09$569
Jun 201719319542.493.09$8,803
May 201719422045.373.26$9,520
Apr 201719218847.933.21$9,806
Mar 201718029546.772.98$9,299
Feb 201747050.452.95$2,371

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 2020 — as filed, then multipliedworked
Oil                    0 bbl  × $ 30.34 =         $0
Casinghead gas         2 Mcf  × $  1.86 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/27332 is the state's own key, not one this site invented.