ST. 749-L S/2 NE/4

Operated by TR OFFSHORE, LLC (P-5 863725) in the MUSTANG ISLAND 749-L (13,900 SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 189504District 04Field 64117850CondensateGasSaveExport
Value, all time
$20.1 M
Dec 2001 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
294
no gaps in the span
Streams
2
condensate, 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 other leases, and the rule below applies to all of them.

Discovered
2001-12-04
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2002-06-25.

The Commission's schedule remark for this field reads: 95% DELIVERABILITY.

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
CondensateDisposition19,400 bbl$1,338,826
GasProduction3,480,317 Mcf$18,773,192
Total$20,112,018

Every month this lease reported (294)

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

294 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 202520066.483.13$1,330
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202512074.324.28$892
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 20242310678.082.63$2,075
May 2024232,08378.812.20$6,392
Apr 2024352,41984.451.66$6,969
Mar 2024361,74280.301.55$5,582
Feb 2024241,94576.091.78$5,295
Jan 2024362,32473.023.30$10,292
Dec 2023352,49571.262.61$9,008
Nov 2023242,29377.892.81$8,307
Oct 2023352,32585.443.09$10,168
Sep 202313089.042.74$1,158
Aug 202345080.522.67$3,623
Jul 202323074.852.64$1,722
Jun 202324068.962.26$1,655
May 202347070.622.23$3,319
Apr 202336078.122.24$2,812
Mar 202312072.852.39$874
Feb 20230075.112.47$0
Jan 202348076.533.39$3,673
Dec 2022594,66276.415.73$31,217
Nov 2022474,17585.005.65$27,568
Oct 2022474,98187.185.86$33,305
Sep 2022474,51784.888.16$40,865
Aug 2022464,21094.529.13$42,773
Jul 2022584,817101.587.54$42,222
Jun 2022465,052115.097.98$45,595
May 2022575,294109.378.43$50,879
Apr 2022595,529104.226.84$43,954
Mar 2022845,367108.885.08$36,391
Feb 20222335891.054.86$3,834
Jan 20220081.844.54$0
Dec 2021020271.323.90$788
Nov 2021032977.435.24$1,723
Oct 2021352,91979.795.71$19,471
Sep 2021463,81669.865.35$23,633
Aug 2021474,54966.024.22$22,302
Jul 2021353,07870.783.98$14,734
Jun 2021474,29169.493.38$17,772
May 2021592,45263.483.02$11,145
Apr 2021503,23360.362.76$11,936
Mar 2021483,81861.302.72$13,316
Feb 2021241,89557.805.55$11,901
Jan 2021484,29550.412.81$14,490
Dec 2020604,55744.642.68$14,870
Nov 2020484,08938.772.71$12,928
Oct 2020364,15736.972.48$11,634
Sep 2020474,43037.091.99$10,564
Aug 2020594,53239.982.39$13,168
Jul 2020454,37638.371.83$9,713
Jun 2020474,34034.901.69$8,976
May 2020484,39916.921.81$8,795
Apr 2020384,00314.751.80$7,783
Mar 2020484,39130.341.86$9,607
Feb 2020294,04749.881.98$9,462
Jan 2020474,31457.252.09$11,727
Dec 2019374,38559.012.30$12,288
Nov 2019494,41455.302.75$14,851
Oct 2019384,68053.472.42$13,351
Sep 2019374,43955.052.66$13,833
Aug 2019383,08053.112.30$9,116
Jul 2019374,47956.272.46$13,101
Jun 2019394,64052.782.49$13,618
May 2019384,48658.482.74$14,515
Apr 2019414,66762.632.75$15,405
Mar 2019484,88756.803.06$17,691
Feb 2019384,45450.852.79$14,369
Jan 2019475,14746.033.23$18,779
Dec 2018475,01246.594.19$23,167
Nov 2018484,91452.934.24$23,362
Oct 2018394,78561.443.40$18,656
Sep 2018484,77759.543.11$17,705
Aug 2018394,96059.403.07$17,527
Jul 2018485,10665.142.93$18,097
Jun 2018284,97760.183.08$16,999
May 2018465,09565.382.90$17,787
Apr 2018404,93863.842.90$16,878
Mar 2018465,22261.222.79$17,369
Feb 2018304,81561.782.77$15,172
Jan 2018305,14762.874.01$22,522
Dec 2017404,49857.272.92$15,432
Nov 2017494,51155.423.12$16,783
Oct 2017423,99849.292.98$13,999
Sep 2017142,18847.523.09$7,420
Aug 2017383,61145.373.00$12,573
Jul 2017305,31343.873.09$17,719
Jun 2017324,28242.493.09$14,579
May 2017545,43145.373.26$20,174
Apr 2017665,07747.933.21$19,469
Mar 2017615,15246.772.98$18,225
Feb 2017674,83150.452.95$17,644
Jan 2017715,64249.413.42$22,797
Dec 2016715,60248.763.72$24,317
Nov 2016605,31842.492.64$16,612
Oct 2016435,54946.193.09$19,134
Sep 2016555,44441.553.10$19,165
Aug 2016616,06141.442.92$20,252
Jul 2016525,98641.622.92$19,669
Jun 2016386,11745.352.69$18,153
May 2016475,89142.521.99$13,728
Apr 2016475,96936.561.99$13,603
Mar 2016375,70833.011.79$11,462
Feb 2016475,47826.472.06$12,549
Jan 2016455,84327.352.36$15,046
Dec 2015516,10332.362.00$13,865
Nov 2015624,98438.792.17$13,207
Oct 2015635,43443.552.43$15,930
Sep 2015485,91642.992.76$18,382
Aug 2015475,48640.162.87$17,646
Jul 2015675,88448.152.95$20,555
Jun 2015465,87656.152.88$19,523
May 2015516,02155.212.96$20,610
Apr 2015546,33249.822.71$19,828
Mar 2015587,06942.892.93$23,233
Feb 2015304,57044.662.98$14,941
Jan 2015243,63643.433.10$12,316
Dec 2014596,46854.693.59$26,456
Nov 2014446,55270.464.25$30,958
Oct 2014637,00878.303.90$32,271
Sep 2014366,94786.164.05$31,205
Aug 2014827,33989.394.04$36,944
Jul 2014716,67996.564.18$34,771
Jun 2014595,82198.164.74$33,365
May 2014715,17694.734.73$31,191
Apr 2014626,29795.944.81$36,231
Mar 2014926,06895.895.06$39,507
Feb 2014854,09597.406.19$33,635
Jan 2014725,18190.404.86$31,692
Dec 2013685,96591.824.35$32,218
Nov 2013825,87488.853.74$29,244
Oct 2013607,14997.423.78$32,864
Sep 2013464,379104.113.72$21,069
Aug 2013655,691104.253.52$26,823
Jul 2013474,951102.523.72$23,225
Jun 2013664,80794.403.93$25,138
May 2013695,44894.834.15$29,147
Apr 2013864,99493.964.28$29,468
Mar 2013675,33993.623.91$27,163
Feb 2013684,44891.233.42$21,415
Jan 2013755,45891.603.42$25,536
Dec 2012955,62686.773.42$27,485
Nov 20121435,68986.953.62$33,056
Oct 20121675,92489.383.40$35,066
Sep 2012656,20494.672.92$24,259
Aug 2012656,88492.662.91$26,043
Jul 2012806,73785.133.02$27,162
Jun 2012696,59779.822.52$22,126
May 2012956,50691.612.49$24,892
Apr 2012556,423101.652.00$18,416
Mar 2012577,293105.052.22$22,193
Feb 2012485,978101.102.57$20,218
Jan 20121047,52798.092.73$30,781
Dec 2011337,18596.873.24$26,474
Nov 2011846,67895.723.31$30,153
Oct 2011554,54484.983.65$21,253
Sep 2011897,32483.623.99$36,634
Aug 2011886,54683.404.15$34,501
Jul 2011708,08894.144.52$43,125
Jun 2011887,92992.904.64$44,965
May 20111168,36198.134.40$48,212
Apr 20111037,929105.964.33$45,272
Mar 2011758,65996.364.06$42,360
Feb 2011595,75785.644.18$29,117
Jan 2011241,63586.504.59$9,579
Dec 2010817,81285.734.35$40,909
Nov 2010808,00880.843.80$36,860
Oct 2010878,07978.103.51$35,143
Sep 2010665,71472.633.98$27,532
Aug 2010777,49073.684.42$38,774
Jul 2010767,12172.554.74$39,242
Jun 20101146,94170.364.91$42,104
May 20101037,17771.124.24$37,722
Apr 2010977,12981.694.12$37,315
Mar 2010877,77478.394.39$40,937
Feb 2010916,52873.585.44$42,224
Jan 2010827,12674.365.96$48,598
Dec 2009627,16671.445.48$43,726
Nov 2009956,37574.593.75$31,002
Oct 20091147,92272.544.11$40,831
Sep 2009848,25365.543.06$30,799
Aug 2009708,25067.423.22$31,272
Jul 20091036,52561.133.46$28,902
Jun 20091315,47766.163.90$30,000
May 2009725,99954.743.93$27,492
Apr 20091076,71646.773.59$29,098
Mar 20091216,39242.144.06$31,044
Feb 20091126,81632.814.63$35,253
Jan 20091026,93835.865.37$40,922
Dec 2008907,76337.105.98$49,740
Nov 20088111,11155.496.86$80,720
Oct 20089113,68375.246.92$101,560
Sep 20088611,030101.767.88$95,636
Aug 20089112,838114.228.48$119,299
Jul 20088412,679131.0811.39$155,417
Jun 200814811,841131.3313.03$173,756
May 200816314,715123.1711.57$190,392
Apr 200823714,193110.3110.45$174,529
Mar 200815111,853101.909.66$129,935
Feb 200814014,97592.538.77$144,294
Jan 200813911,49890.388.21$106,912
Dec 200717515,11588.337.30$125,827
Nov 200717214,84391.677.29$123,998
Oct 20079916,71182.856.92$123,875
Sep 20076014,90075.846.24$97,588
Aug 200712817,54869.066.39$120,935
Jul 200713115,77670.906.39$110,064
Jun 200714417,16662.007.55$138,505
May 200716118,45358.747.85$154,245
Apr 200716315,72159.617.81$132,422
Mar 200716617,50256.927.30$137,248
Feb 200716814,74855.108.22$130,426
Jan 200719914,97750.306.73$110,758
Dec 200630917,15856.656.92$136,211
Nov 200618218,75454.207.62$152,723
Oct 20061439,72454.906.01$66,329
Sep 200621920,54060.085.04$116,622
Aug 200618623,76568.717.34$187,213
Jul 200629123,61169.376.34$169,946
Jun 200620624,17666.286.38$167,990
May 200624724,85166.016.42$175,972
Apr 200620925,18864.397.36$198,853
Mar 200624426,46956.707.08$201,313
Feb 200630422,80957.597.75$194,303
Jan 200628826,14060.598.93$250,967
Dec 200545622,42154.9413.42$325,839
Nov 200510315,68854.6910.59$171,744
Oct 200525723,48958.3413.80$339,042
Sep 200517318,21061.4512.08$230,589
Aug 200531827,34661.519.80$287,465
Jul 200519327,98555.697.84$230,252
Jun 200520628,14652.337.38$218,527
May 200519727,11745.226.65$189,268
Apr 200522428,22649.207.36$218,778
Mar 200517522,50250.377.15$169,814
Feb 200520121,59645.226.31$145,401
Jan 200520724,92143.166.32$166,490
Dec 2004027,89239.866.75$188,301
Nov 2004024,48445.286.33$154,994
Oct 2004026,61849.706.52$173,419
Sep 2004030,67743.245.28$162,094
Aug 2004028,68142.375.55$159,198
Jul 2004032,63538.286.08$198,557
Jun 2004036,41536.106.43$234,258
May 2004039,99037.486.49$259,718
Apr 2004047,53034.475.86$278,453
Mar 2004038,66234.365.53$213,806
Feb 2004034,99832.455.51$192,826
Jan 2004038,42732.036.30$242,076
Dec 2003038,52530.266.30$242,771
Nov 2003046,25828.804.60$212,563
Oct 2003050,19728.174.76$238,920
Sep 2003052,70326.314.75$250,306
Aug 2003065,01229.765.13$333,493
Jul 2003097,28929.415.17$503,066
Jun 2003064,66928.565.98$386,912
May 2003035,90126.595.97$214,425
Apr 2003072,45726.675.41$391,795
Mar 2003068,42731.146.10$417,134
Feb 2003051,22533.487.93$406,003
Jan 2003032,40730.315.58$180,897
Dec 2002048,20126.914.85$233,956
Nov 2002076,84224.664.14$317,892
Oct 2002082,96126.464.23$350,852
Sep 2002070,91927.443.64$257,805
Aug 200208,25725.963.16$26,126
Jul 2002019,76824.583.06$60,525
Jun 20020023.733.34$0
May 2002042,54924.663.58$152,496
Apr 2002046,43923.653.51$163,109
Mar 2002049,10722.003.10$152,365
Feb 2002047,87318.222.38$113,731
Jan 2002044,36917.172.38$105,407
Dec 2001045,07416.932.36$106,573

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.

Jun 2025 — as filed, then multipliedworked
Condensate            20 bbl  × $ 66.48 =     $1,330
Gas                    0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                   $1,330

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. 04/G/189504 is the state's own key, not one this site invented.