REMUS A

Operated by FW EAGLE FORD I, LLC (P-5 103899) in the SOUTHERN BAY (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28249District 03Field 84750500OilCasinghead gasSaveExport
Value, all time
$11.3 M
May 2025 – May 2026
Value, last 12 filed months
$10.5 M
at the published price for each month
Months reported
13
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 95 leases and 187 wells, and the rule below applies to all of them.

Discovered
2012-02-15
as the register files it
Field class
Oil and gas
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 40 acres. The field rule took effect on 2013-05-24.

The Commission's schedule remark for this field reads: AND LEASE PLAT ARE REQUIRED FOR ALL WELLS. NO MAX DIAGONAL.

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
OilDisposition161,653 bbl$10,965,430
Casinghead gasProduction96,871 Mcf$365,496
Total$11,330,927

Every month this lease reported (13)

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

13 months

May 20267,8786,872106.413.05$859,229
Apr 20267,9756,28398.932.87$806,997
Mar 20269,1097,19389.753.15$840,187
Feb 20269,0686,65463.503.75$600,773
Jan 202611,2038,60559.138.00$731,255
Dec 202511,7887,14256.664.41$699,428
Nov 202512,8058,49258.593.93$783,588
Oct 202511,9876,72759.383.30$734,020
Sep 202512,0866,00662.743.08$776,756
Aug 202515,2537,96163.933.01$999,125
Jul 202520,18110,43066.743.32$1,381,457
Jun 202519,4249,04466.483.13$1,319,604
May 202512,8965,46260.553.23$798,508

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.

May 2026 — as filed, then multipliedworked
Oil                7,878 bbl  × $106.41 =   $838,298
Casinghead gas     6,872 Mcf  × $  3.05 =    $20,931

────────────────────────────────────────────────────
Month total                                 $859,229

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/28249 is the state's own key, not one this site invented.