STATE TRACT 118

Operated by BIG LAKE CORPORATION (P-5 69458) in the HIGH ISLAND field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28007District 03Field 41139001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.6 M
Sep 2022 – May 2026
Value, last 12 filed months
$568 k
at the published price for each month
Months reported
45
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 106 leases and 655 wells, and the rule below applies to all of them.

Discovered
1922-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME.

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
OilDisposition47,671 bbl$3,548,190
Casinghead gasProduction1,938 Mcf$10,151
Total$3,558,342

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.5342, -94.4144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.53423, -94.41437 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,118 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 9,118 ft.

Completions filed
Sep 2022
1 of 1 wells

1 well

42-1673154479,118 ftSep 2022

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (45)

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

45 months

May 202600106.413.05$0
Apr 2026539098.932.87$53,323
Mar 2026712089.753.15$63,902
Feb 2026517063.503.75$32,830
Jan 2026885059.138.00$52,330
Dec 2025826056.664.41$46,801
Nov 2025875058.593.93$51,266
Oct 2025708059.383.30$42,041
Sep 2025859062.743.08$53,894
Aug 2025875063.933.01$55,939
Jul 20251,043066.743.32$69,610
Jun 2025694066.483.13$46,137
May 20251,162060.553.23$70,359
Apr 2025994062.363.54$61,986
Mar 2025844067.704.27$57,139
Feb 20251,048070.884.34$74,282
Jan 2025888074.324.28$65,996
Dec 2024941068.993.12$64,920
Nov 2024944069.052.20$65,183
Oct 2024493071.372.28$35,185
Sep 2024993069.612.36$69,123
Aug 20241,111075.632.06$84,025
Jul 20241,210079.932.15$96,715
Jun 20241,069078.082.63$83,468
May 20241,169078.812.20$92,129
Apr 20241,267084.451.66$106,998
Mar 20241,184080.301.55$95,075
Feb 20241,421076.091.78$108,124
Jan 20241,272073.023.30$92,881
Dec 20231,405071.262.61$100,120
Nov 20231,408077.892.81$109,669
Oct 20231,673085.443.09$142,941
Sep 20231,497089.042.74$133,293
Aug 20231,617080.522.67$130,201
Jul 20231,735074.852.64$129,865
Jun 20231,744068.962.26$120,266
May 20232,63713270.622.23$186,519
Apr 20231,0724478.122.24$83,843
Mar 20236311872.852.39$46,011
Feb 202378418275.112.47$59,335
Jan 202393833476.533.39$72,917
Dec 202201676.415.73$92
Nov 20221,19645085.005.65$104,201
Oct 20222,17631287.185.86$191,533
Sep 202261545084.888.16$55,875

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.

Apr 2026 — as filed, then multipliedworked
Oil                  539 bbl  × $ 98.93 =    $53,323
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $53,323

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/28007 is the state's own key, not one this site invented.