STATE LEASE 74581

Operated by TEXAS OFFSHORE OPERATIONS, LLC (P-5 846692) in the BLOCK 772 (FRIO, MIDDLE C) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 96886District 04Field 09578100CondensateGasSaveExport
Value, all time
$17.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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
1981-08-16
as the register files it
Field class
Gas
the register's own label
Between wells
3,735 ft
minimum
From a lease line
1,867 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1992-05-19.

The Commission's schedule remark for this field reads: MAINED IN EFFECT AS PERMANENT RULES PER DOC. NO. 4-0203118.

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
CondensateDisposition14,712 bbl$730,831
GasProduction8,507,372 Mcf$16,987,711
Total$17,718,542

4,470,716 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (401)

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

401 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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20161042.492.64$42
Oct 2016863846.193.09$2,341
Sep 2016456,48141.553.10$21,965
Aug 2016256,49241.442.92$20,021
Jul 2016214,74441.622.92$14,747
Jun 2016316,15345.352.69$17,932
May 2016276,65342.521.99$14,394
Apr 2016446,85936.561.99$15,265
Mar 2016406,32333.011.79$12,664
Feb 2016256,51826.472.06$14,112
Jan 2016287,74827.352.36$19,085
Dec 2015336,25332.362.00$13,583
Nov 2015346,06238.792.17$14,457
Oct 2015355,50343.552.43$14,878
Sep 2015286,41742.992.76$18,905
Aug 2015447,17940.162.87$22,389
Jul 2015387,31548.152.95$23,373
Jun 2015878,25756.152.88$28,689
May 20151737,19255.212.96$30,807
Apr 2015627,36649.822.71$23,025
Mar 2015398,33742.892.93$26,139
Feb 2015322,39244.662.98$8,548
Jan 2015356,74743.433.10$22,440
Dec 20141898,37354.693.59$40,407
Nov 20141979,53370.464.25$54,413
Oct 201414210,67878.303.90$52,773
Sep 20141038,65486.164.05$43,884
Aug 20149410,59789.394.04$51,163
Jul 20149410,71496.564.18$53,857
Jun 20147910,69398.164.74$58,406
May 2014735,35294.734.73$32,212
Apr 2014389,85195.944.81$51,020
Mar 2014011,05095.895.06$55,878
Feb 2014269,81297.406.19$63,288
Jan 20144011,62090.404.86$60,098
Dec 20134411,76091.824.35$55,249
Nov 20133712,22288.853.74$48,977
Oct 20133912,59797.423.78$51,408
Sep 20136811,912104.113.72$51,365
Aug 201311511,823104.253.52$53,637
Jul 20136310,833102.523.72$46,733
Jun 20131410,64694.403.93$43,197
May 2013559,77094.834.15$45,752
Apr 20133411,43093.964.28$52,145
Mar 2013358,75493.623.91$37,530
Feb 2013487,19091.233.42$28,968
Jan 20134411,91691.603.42$44,782
Dec 20122611,83786.773.42$42,740
Nov 20124713,04786.953.62$51,382
Oct 20124812,03489.383.40$45,202
Sep 20124511,41094.672.92$37,559
Aug 20124411,68592.662.91$38,059
Jul 20126212,43885.133.02$42,851
Jun 20125512,56679.822.52$36,044
May 2012499,56191.612.49$28,280
Apr 2012315,218101.652.00$13,570
Mar 2012318,992105.052.22$23,237
Feb 2012698,952101.102.57$29,985
Jan 20126512,31898.092.73$40,054
Dec 201141,07296.873.24$3,860
Nov 2011224,44295.723.31$16,815
Oct 2011337,63884.983.65$30,672
Sep 20113910,62583.623.99$45,610
Aug 2011408,95183.404.15$40,477
Jul 20116011,17994.144.52$56,147
Jun 20115511,05092.904.64$56,380
May 20115111,75298.134.40$56,770
Apr 2011710,416105.964.33$45,877
Mar 20114412,41396.364.06$54,604
Feb 2011194,26485.644.18$19,451
Jan 20113610,39386.504.59$50,805
Dec 20106310,77785.734.35$52,257
Nov 20105011,10380.843.80$46,182
Oct 20105710,97178.103.51$42,948
Sep 2010267,69872.633.98$32,522
Aug 20103510,88773.684.42$50,692
Jul 20103610,07972.554.74$50,351
Jun 2010369,66670.364.91$49,997
May 20104410,01771.124.24$45,553
Apr 20103110,05981.694.12$44,003
Mar 20103111,13578.394.39$51,298
Feb 20102611,48173.585.44$64,397
Jan 2010479,94174.365.96$62,784
Dec 20092610,03071.445.48$56,859
Nov 20092310,48474.593.75$41,046
Oct 2009238,89872.544.11$38,241
Sep 2009279,42465.543.06$30,652
Aug 20092010,95267.423.22$36,597
Jul 20092811,28561.133.46$40,809
Jun 20093010,27766.163.90$42,014
May 20093410,76454.743.93$44,118
Apr 20093310,49246.773.59$39,183
Mar 20093011,35942.144.06$47,370
Feb 2009269,91832.814.63$46,803
Jan 20093210,42735.865.37$57,151
Dec 20082810,34537.105.98$62,872
Nov 20082110,80755.496.86$75,305
Oct 20082311,63575.246.92$82,268
Sep 2008259,164101.767.88$74,730
Aug 20082811,164114.228.48$97,903
Jul 20082711,891131.0811.39$138,971
Jun 20082712,523131.3313.03$166,754
May 20084212,529123.1711.57$150,187
Apr 20085311,624110.3110.45$127,374
Mar 20085212,851101.909.66$129,492
Feb 2008468,58992.538.77$79,587
Jan 20085810,21190.388.21$89,031
Dec 20074812,21688.337.30$93,441
Nov 20076010,82091.677.29$84,396
Oct 20075312,32082.856.92$89,670
Sep 20073412,08075.846.24$78,008
Aug 20075512,90069.066.39$86,203
Jul 20074914,16270.906.39$93,940
Jun 20075710,37062.007.55$81,811
May 20076012,54758.747.85$101,972
Apr 20075813,29459.617.81$107,220
Mar 20074811,66256.927.30$87,888
Feb 20075411,38455.108.22$96,506
Jan 20078712,19250.306.73$86,390
Dec 20065910,99656.656.92$79,418
Nov 20067213,38054.207.62$105,824
Oct 2006339,75354.906.01$60,464
Sep 2006173,89260.085.04$20,626
Aug 20066413,80968.717.34$105,754
Jul 20067313,63269.376.34$91,529
Jun 20065613,57766.286.38$90,386
May 20066514,32666.016.42$96,335
Apr 20067212,96164.397.36$100,035
Mar 20068913,18556.707.08$98,435
Feb 20068111,39957.597.75$93,020
Jan 20068912,95560.598.93$121,124
Dec 20057916,25754.9413.42$222,434
Nov 20056012,60754.6910.59$136,769
Oct 20056619,32958.3413.80$270,509
Sep 20055118,34761.4512.08$224,747
Aug 20055215,72261.519.80$157,224
Jul 20055815,93755.697.84$128,234
Jun 20055215,93752.337.38$120,353
May 20059115,57945.226.65$107,733
Apr 20057012,81549.207.36$97,769
Mar 20055812,33650.377.15$91,184
Feb 20055311,28345.226.31$73,614
Jan 20055613,20543.166.32$85,902
Dec 200431513,42139.866.75$103,162
Nov 20048415,58345.286.33$102,450
Oct 200416516,58949.706.52$116,279
Sep 200416016,31243.245.28$93,109
Aug 200414516,25842.375.55$96,386
Jul 200415415,92438.286.08$102,780
Jun 200410614,34436.106.43$96,102
May 200414316,32837.486.49$111,403
Apr 200417715,81034.475.86$98,723
Mar 200412916,30534.365.53$94,601
Feb 200410714,01832.455.51$80,706
Jan 200412516,63032.036.30$108,767
Dec 200311117,43730.266.30$113,241
Nov 20037616,51328.804.60$78,069
Oct 20038817,69928.174.76$86,720
Sep 20037816,22626.314.75$79,115
Aug 20036017,31829.765.13$90,622
Jul 20034915,10029.415.17$79,521
Jun 20038117,32828.565.98$105,986
May 200311220,13426.595.97$123,232
Apr 200317614,16026.675.41$81,261
Mar 200315215,52031.146.10$99,344
Feb 200314213,39533.487.93$110,921
Jan 200311714,72230.315.58$85,725
Dec 200212010,95426.914.85$56,397
Nov 20025112,88524.664.14$54,562
Oct 20026714,67726.464.23$63,844
Sep 20026313,47027.443.64$50,695
Aug 20027113,48525.963.16$44,512
Jul 20028415,07224.583.06$48,212
Jun 20028511,58323.733.34$40,684
May 20028814,18824.663.58$53,020
Apr 20028414,69623.653.51$53,604
Mar 20021034,46622.003.10$16,123
Feb 2002714,58818.222.38$12,193
Jan 20029111,42317.172.38$28,700
Dec 200111316,66116.932.36$41,306
Nov 20013018.072.41$54
Oct 2001516,86019.782.53$18,357
Sep 20019714,48524.262.25$34,964
Aug 200121121,56224.873.05$71,080
Jul 20012543,97223.933.20$18,777
Jun 20010024.563.82$0
May 2001110025.524.31$2,807
Apr 2001020,15924.685.34$107,555
Mar 20019323,63124.545.38$129,333
Feb 20018223,41927.755.77$137,335
Jan 200115433,73527.478.40$287,563
Dec 200017533,68726.889.12$312,014
Nov 200013836,98032.215.66$213,678
Oct 200013532,54831.235.15$171,692
Sep 200013735,01631.875.19$185,977
Aug 200014037,86729.644.54$176,094
Jul 200022241,12228.534.09$174,512
Jun 200011828,65129.304.40$129,443
May 20007931,01627.263.68$116,285
Apr 200014738,57424.513.12$123,800
Mar 200012022,03628.422.86$66,428
Feb 200013519,00027.622.73$55,532
Jan 200027140,10425.272.48$106,326
Dec 199913943,10124.282.42$107,840
Nov 199913836,68123.192.43$92,481
Oct 199927446,04420.982.80$134,843
Sep 199913538,00421.752.62$102,463
Aug 1999045,92519.262.88$132,062
Jul 1999038,64417.892.37$91,678
Jun 1999045,43615.942.36$107,324
May 1999054,76815.792.32$127,118
Apr 1999025,79315.102.21$56,952
Mar 1999051,13312.471.84$93,999
Feb 1999048,2949.981.82$87,788
Jan 1999050,88510.381.90$96,679
Dec 1998052,3839.201.77$92,892
Nov 1998064,96410.892.19$141,993
Oct 1998068,58212.421.97$135,052
Sep 1998075,05212.592.08$156,305
Aug 1998080,35411.301.91$153,263
Jul 1998056,26411.742.24$125,878
Jun 199803,53411.242.24$7,907
May 199804,53512.622.21$10,006
Apr 199804,44413.042.51$11,134
Mar 199806,31012.802.31$14,573
Feb 199808,21613.952.30$18,890
Jan 1998037,79414.702.15$81,438
Dec 1997040,30016.322.41$97,167
Nov 1997041,02718.193.09$126,702
Oct 1997033,65719.253.15$106,013
Sep 1997041,78517.742.95$123,470
Aug 1997041,31517.862.55$105,549
Jul 1997041,64117.582.25$93,565
Jun 1997041,86417.242.26$94,495
May 1997042,65218.972.31$98,462
Apr 1997045,81617.882.08$95,425
Mar 1997045,25718.951.94$87,760
Feb 1997035,91220.492.21$79,218
Jan 1997042,35923.483.54$149,938
Dec 1996049,06523.32$0
Nov 1996029,42121.97$0
Oct 1996029,29123.31$0
Sep 1996049,94322.22$0
Aug 1996059,27720.26$0
Jul 1996054,56319.55$0
Jun 1996055,40618.73$0
May 1996055,04419.43$0
Apr 1996058,04121.51$0
Mar 1996061,59619.38$0
Feb 1996059,80016.98$0
Jan 1996063,28917.07$0
Dec 1995062,36317.19$0
Nov 1995062,63016.00$0
Oct 1995061,13615.43$0
Sep 1995059,09916.18$0
Aug 1995067,27415.92$0
Jul 1995078,01215.24$0
Jun 1995079,97716.41$0
May 1995082,49517.56$0
Apr 1995080,37917.73$0
Mar 1995083,68416.44$0
Feb 1995079,79316.58$0
Jan 1995093,74215.92$0
Dec 1994096,28215.03$0
Nov 1994094,66815.90$0
Oct 1994098,82515.58$0
Sep 1994096,54215.29$0
Aug 19940105,04816.13$0
Jul 19940106,00217.56$0
Jun 19940105,78117.09$0
May 19940115,61115.88$0
Apr 19940116,48114.14$0
Mar 19940124,03612.46$0
Feb 19940109,62112.50$0
Jan 19940129,68412.66$0
Dec 19930135,23812.33$0
Nov 19930136,79214.49$0
Oct 19930123,78015.85$0
Sep 19930132,99415.03$0
Aug 19930121,87615.66$0
Jul 19930141,82015.46$0
Jun 19930135,25916.79$0
May 19930140,92217.68$0
Apr 19930140,91618.05$0
Mar 19930146,41518.14$0
Feb 19930135,05217.90$0
Jan 19930165,75116.93$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.

Nov 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 42.49 =        $42
Gas                    0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                      $42

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/96886 is the state's own key, not one this site invented.