LEGGETT

Operated by GILL OIL COMPANY, LP (P-5 304498) in the SHELTON (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3581District 05Field 82990500OilCasinghead gasSaveExport
Value, all time
$2.0 M
Oct 1997 – May 2026
Value, last 12 filed months
$56 k
at the published price for each month
Months reported
344
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 19 leases and 34 wells, and the rule below applies to all of them.

Discovered
1978-05-28
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition32,069 bbl$1,969,568
Casinghead gasProduction2,557 Mcf$6,194
Total$1,975,763

Every month this lease reported (344)

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

344 months

May 202600106.413.05$0
Apr 2026162098.932.87$16,027
Mar 20260089.753.15$0
Feb 2026154063.503.75$9,779
Jan 2026165059.138.00$9,756
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025142063.933.01$9,078
Jul 20250066.743.32$0
Jun 2025167066.483.13$11,102
May 20250060.553.23$0
Apr 2025174062.363.54$10,851
Mar 20250067.704.27$0
Feb 2025164070.884.34$11,624
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024162069.052.20$11,186
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024148075.632.06$11,193
Jul 20240079.932.15$0
Jun 2024155078.082.63$12,102
May 20240078.812.20$0
Apr 2024166084.451.66$14,019
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024162073.023.30$11,829
Dec 20230071.262.61$0
Nov 2023169077.892.81$13,163
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023145080.522.67$11,675
Jul 20230074.852.64$0
Jun 2023164068.962.26$11,309
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023320072.852.39$23,312
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022169076.415.73$12,913
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221540101.587.54$15,643
Jun 202200115.097.98$0
May 20221170109.378.43$12,796
Apr 20221420104.226.84$14,799
Mar 202200108.885.08$0
Feb 2022167091.054.86$15,205
Jan 20220081.844.54$0
Dec 2021142071.323.90$10,127
Nov 20210077.435.24$0
Oct 2021137079.795.71$10,931
Sep 2021174069.865.35$12,156
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021137069.493.38$9,520
May 20210063.483.02$0
Apr 2021142060.362.76$8,571
Mar 2021150061.302.72$9,195
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020158044.642.68$7,053
Nov 20200038.772.71$0
Oct 2020147036.972.48$5,435
Sep 20200037.091.99$0
Aug 2020168039.982.39$6,717
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 2020141049.881.98$7,033
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019167055.302.75$9,235
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019176053.112.30$9,347
Jul 20190056.272.46$0
Jun 2019150052.782.49$7,917
May 20190058.482.74$0
Apr 2019172062.632.75$10,772
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019157046.033.23$7,227
Dec 20180046.594.19$0
Nov 2018167052.934.24$8,839
Oct 20180061.443.40$0
Sep 2018163059.543.11$9,705
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018132065.382.90$8,630
Apr 2018168063.842.90$10,725
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018111062.874.01$6,979
Dec 20170057.272.92$0
Nov 2017167055.423.12$9,255
Oct 20170049.292.98$0
Sep 2017160047.523.09$7,603
Aug 2017163045.373.00$7,395
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017168047.933.21$8,052
Mar 2017175046.772.98$8,185
Feb 20170050.452.95$0
Jan 2017174049.413.42$8,597
Dec 2016172048.763.72$8,387
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016160041.442.92$6,630
Jul 20160041.622.92$0
Jun 2016160045.352.69$7,256
May 20160042.521.99$0
Apr 2016163036.561.99$5,959
Mar 20160033.011.79$0
Feb 2016166026.472.06$4,394
Jan 20160027.352.36$0
Dec 2015171032.362.00$5,534
Nov 2015159038.792.17$6,168
Oct 20150043.552.43$0
Sep 2015143042.992.76$6,148
Aug 2015166040.162.87$6,667
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015156055.212.96$8,613
Apr 2015166049.822.71$8,270
Mar 20150042.892.93$0
Feb 2015161044.662.98$7,190
Jan 2015158043.433.10$6,862
Dec 20140054.693.59$0
Nov 2014160070.464.25$11,274
Oct 2014156078.303.90$12,215
Sep 2014155086.164.05$13,355
Aug 2014162089.394.04$14,481
Jul 20140096.564.18$0
Jun 2014142098.164.74$13,939
May 2014157094.734.73$14,873
Apr 2014166095.944.81$15,926
Mar 2014168095.895.06$16,110
Feb 20140097.406.19$0
Jan 2014171090.404.86$15,458
Dec 2013170091.824.35$15,609
Nov 2013169088.853.74$15,016
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20131390102.523.72$14,250
Jun 2013170094.403.93$16,048
May 2013154094.834.15$14,604
Apr 2013163093.964.28$15,315
Mar 20130093.623.91$0
Feb 2013152091.233.42$13,867
Jan 20130091.603.42$0
Dec 2012160086.773.42$13,883
Nov 20120086.953.62$0
Oct 2012164089.383.40$14,658
Sep 2012169094.672.92$15,999
Aug 20120092.662.91$0
Jul 2012152085.133.02$12,940
Jun 20120079.822.52$0
May 2012164091.612.49$15,024
Apr 201200101.652.00$0
Mar 20121540105.052.22$16,178
Feb 20121490101.102.57$15,064
Jan 2012151098.092.73$14,812
Dec 2011171096.873.24$16,565
Nov 2011164095.723.31$15,698
Oct 2011159084.983.65$13,512
Sep 2011170083.623.99$14,215
Aug 2011171083.404.15$14,261
Jul 2011162094.144.52$15,251
Jun 2011159092.904.64$14,771
May 2011161098.134.40$15,799
Apr 20111730105.964.33$18,331
Mar 2011171096.364.06$16,478
Feb 2011179085.644.18$15,330
Jan 2011156086.504.59$13,494
Dec 2010169085.734.35$14,488
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010177072.633.98$12,856
Aug 20100073.684.42$0
Jul 2010128072.554.74$9,286
Jun 2010170070.364.91$11,961
May 20100071.124.24$0
Apr 2010174081.694.12$14,214
Mar 2010182078.394.39$14,267
Feb 20100073.585.44$0
Jan 2010164074.365.96$12,195
Dec 2009162071.445.48$11,573
Nov 2009183074.593.75$13,650
Oct 20090072.544.11$0
Sep 2009138065.543.06$9,045
Aug 2009155067.423.22$10,450
Jul 2009175061.133.46$10,698
Jun 2009177066.163.90$11,710
May 2009173054.743.93$9,470
Apr 2009166046.773.59$7,764
Mar 2009164042.144.06$6,911
Feb 20090032.814.63$0
Jan 2009151035.865.37$5,415
Dec 2008170037.105.98$6,307
Nov 2008176055.496.86$9,766
Oct 2008173075.246.92$13,017
Sep 20081730101.767.88$17,604
Aug 20081330114.228.48$15,191
Jul 20081480131.0811.39$19,400
Jun 20081320131.3313.03$17,336
May 20081430123.1711.57$17,613
Apr 20082880110.3110.45$31,769
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008147090.388.21$13,286
Dec 2007165088.337.30$14,574
Nov 2007151091.677.29$13,842
Oct 2007184082.856.92$15,244
Sep 2007153075.846.24$11,604
Aug 2007155069.066.39$10,704
Jul 2007164070.906.39$11,628
Jun 2007170062.007.55$10,540
May 2007161058.747.85$9,457
Apr 2007147059.617.81$8,763
Mar 2007166056.927.30$9,449
Feb 2007166055.108.22$9,147
Jan 2007180050.306.73$9,054
Dec 20060056.656.92$0
Nov 2006317054.207.62$17,181
Oct 20060054.906.01$0
Sep 2006156060.085.04$9,372
Aug 2006156068.717.34$10,719
Jul 2006197069.376.34$13,666
Jun 2006149066.286.38$9,876
May 2006165066.016.42$10,892
Apr 2006178064.397.36$11,461
Mar 2006168056.707.08$9,526
Feb 2006181057.597.75$10,424
Jan 2006184060.598.93$11,149
Dec 20050054.9413.42$0
Nov 2005183054.6910.59$10,008
Oct 2005168058.3413.80$9,801
Sep 2005176061.4512.08$10,815
Aug 2005178061.519.80$10,949
Jul 2005176055.697.84$9,801
Jun 2005176052.337.38$9,210
May 2005164045.226.65$7,416
Apr 20050049.207.36$0
Mar 2005160050.377.15$8,059
Feb 2005327045.226.31$14,787
Jan 2005159043.166.32$6,862
Dec 2004312039.866.75$12,436
Nov 2004339045.286.33$15,350
Oct 2004515049.706.52$25,596
Sep 2004181043.245.28$7,826
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004210034.475.86$7,239
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 200301726.314.75$81
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 20030726.595.97$42
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020126.914.85$5
Nov 2002153224.664.14$3,781
Oct 20020226.464.23$8
Sep 20020127.443.64$4
Aug 20020325.963.16$9
Jul 200247224.583.06$1,161
Jun 20020223.733.34$7
May 20020224.663.58$7
Apr 20020323.653.51$11
Mar 20020322.003.10$9
Feb 2002138118.222.38$2,517
Jan 20020317.172.38$7
Dec 20010316.932.36$7
Nov 20010318.072.41$7
Oct 2001176719.782.53$3,499
Sep 20010224.262.25$5
Aug 20010124.873.05$3
Jul 20010223.933.20$6
Jun 20010324.563.82$11
May 20010625.524.31$26
Apr 2001159324.685.34$3,940
Mar 20010424.545.38$22
Feb 20010527.755.77$29
Jan 2001180627.478.40$4,995
Dec 20000926.889.12$82
Nov 2000169832.215.66$5,489
Oct 20000831.235.15$41
Sep 20000731.875.19$36
Aug 2000180829.644.54$5,372
Jul 200001028.534.09$41
Jun 2000181929.304.40$5,343
May 200001127.263.68$40
Apr 2000176824.513.12$4,339
Mar 20000528.422.86$14
Feb 2000186727.622.73$5,156
Jan 200001325.272.48$32
Dec 19990524.282.42$12
Nov 19990023.192.43$0
Oct 1999168520.982.80$3,539
Sep 19990821.752.62$21
Aug 1999131319.262.88$2,532
Jul 199901217.892.37$28
Jun 19991911015.942.36$3,068
May 199901115.792.32$26
Apr 19991821215.102.21$2,775
Mar 19991901212.471.84$2,391
Feb 19990119.981.82$20
Jan 19991931110.381.90$2,024
Dec 1998099.201.77$16
Nov 19981941410.892.19$2,143
Oct 19981941512.421.97$2,439
Sep 199801212.592.08$25
Aug 19981831111.301.91$2,089
Jul 19981911,94311.742.24$6,589
Jun 199803811.242.24$85
May 19981922512.622.21$2,478
Apr 199802113.042.51$53
Mar 19981861212.802.31$2,409
Feb 19981943113.952.30$2,778
Jan 19981933714.702.15$2,917
Dec 19971935016.322.41$3,270
Nov 19973733318.193.09$6,887
Oct 19970019.253.15$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.

Apr 2026 — as filed, then multipliedworked
Oil                  162 bbl  × $ 98.93 =    $16,027
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $16,027

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. 05/O/3581 is the state's own key, not one this site invented.