UNDERWOOD "A"

Operated by LCT ENERGY, LP (P-5 491564) 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 3690District 05Field 82990500OilCasinghead gasSaveExport
Value, all time
$6.0 M
May 2000 – May 2026
Value, last 12 filed months
$342 k
at the published price for each month
Months reported
313
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
OilDisposition89,881 bbl$5,991,460
Casinghead gasProduction1,507 Mcf$8,626
Total$6,000,086

Every month this lease reported (313)

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

313 months

May 20265490106.413.05$58,419
Apr 2026367098.932.87$36,307
Mar 2026186089.753.15$16,694
Feb 2026530063.503.75$33,655
Jan 2026354059.138.00$20,932
Dec 2025542056.664.41$30,710
Nov 2025542058.593.93$31,756
Oct 2025357059.383.30$21,199
Sep 2025361062.743.08$22,649
Aug 2025183063.933.01$11,699
Jul 2025699066.743.32$46,651
Jun 2025176066.483.13$11,700
May 2025365060.553.23$22,101
Apr 2025371062.363.54$23,136
Mar 2025645067.704.27$43,667
Feb 2025481070.884.34$34,093
Jan 2025169074.324.28$12,560
Dec 2024527068.993.12$36,358
Nov 2024622069.052.20$42,949
Oct 2024343071.372.28$24,480
Sep 2024653069.612.36$45,455
Aug 20240075.632.06$0
Jul 2024356079.932.15$28,455
Jun 20240078.082.63$0
May 2024178078.812.20$14,028
Apr 2024169084.451.66$14,272
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 2023179074.852.64$13,398
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023167078.122.24$13,046
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 2022185084.888.16$15,703
Aug 20220094.529.13$0
Jul 20221650101.587.54$16,761
Jun 20221710115.097.98$19,680
May 20221790109.378.43$19,577
Apr 20221740104.226.84$18,134
Mar 20221860108.885.08$20,252
Feb 2022172091.054.86$15,661
Jan 2022166081.844.54$13,585
Dec 2021177071.323.90$12,624
Nov 2021173077.435.24$13,395
Oct 2021172079.795.71$13,724
Sep 20210069.865.35$0
Aug 2021338066.024.22$22,315
Jul 2021338070.783.98$23,924
Jun 20210069.493.38$0
May 2021170063.483.02$10,792
Apr 2021173060.362.76$10,442
Mar 2021361061.302.72$22,129
Feb 20210057.805.55$0
Jan 2021174050.412.81$8,771
Dec 2020177044.642.68$7,901
Nov 2020187038.772.71$7,250
Oct 2020166036.972.48$6,137
Sep 2020166037.091.99$6,157
Aug 2020172039.982.39$6,877
Jul 2020172038.371.83$6,600
Jun 2020359034.901.69$12,529
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020163030.341.86$4,945
Feb 2020348049.881.98$17,358
Jan 2020172057.252.09$9,847
Dec 2019328059.012.30$19,355
Nov 2019345055.302.75$19,079
Oct 2019170053.472.42$9,090
Sep 2019353055.052.66$19,433
Aug 2019172053.112.30$9,135
Jul 2019349056.272.46$19,638
Jun 2019349052.782.49$18,420
May 2019355058.482.74$20,760
Apr 2019354062.632.75$22,171
Mar 2019362056.803.06$20,562
Feb 2019517050.852.79$26,289
Jan 2019178046.033.23$8,193
Dec 2018171046.594.19$7,967
Nov 2018374052.934.24$19,796
Oct 2018360061.443.40$22,118
Sep 2018344059.543.11$20,482
Aug 2018512059.403.07$30,413
Jul 2018515065.142.93$33,547
Jun 2018512060.183.08$30,812
May 2018504065.382.90$32,952
Apr 2018699063.842.90$44,624
Mar 2018504061.222.79$30,855
Feb 2018688061.782.77$42,505
Jan 2018355062.874.01$22,319
Dec 2017695057.272.92$39,803
Nov 2017682055.423.12$37,796
Oct 2017717049.292.98$35,341
Sep 20171,010047.523.09$47,995
Aug 2017498045.373.00$22,594
Jul 20171,112043.873.09$48,783
Jun 2017662042.493.09$28,128
May 2017433045.373.26$19,645
Apr 20170047.933.21$0
Mar 2017171046.772.98$7,998
Feb 2017171050.452.95$8,627
Jan 2017178049.413.42$8,795
Dec 2016171048.763.72$8,338
Nov 2016161042.492.64$6,841
Oct 2016155046.193.09$7,159
Sep 2016171041.553.10$7,105
Aug 20160041.442.92$0
Jul 2016174041.622.92$7,242
Jun 2016173045.352.69$7,846
May 2016172042.521.99$7,313
Apr 2016178036.561.99$6,508
Mar 2016179033.011.79$5,909
Feb 2016173026.472.06$4,579
Jan 2016168027.352.36$4,595
Dec 2015346032.362.00$11,197
Nov 20150038.792.17$0
Oct 2015170043.552.43$7,404
Sep 2015339042.992.76$14,574
Aug 20150040.162.87$0
Jul 2015350048.152.95$16,853
Jun 20150056.152.88$0
May 2015166055.212.96$9,165
Apr 2015165049.822.71$8,220
Mar 2015338042.892.93$14,497
Feb 20150044.662.98$0
Jan 2015172043.433.10$7,470
Dec 2014170054.693.59$9,297
Nov 2014171070.464.25$12,049
Oct 2014167078.303.90$13,076
Sep 2014167086.164.05$14,389
Aug 2014172089.394.04$15,375
Jul 2014167096.564.18$16,126
Jun 2014170098.164.74$16,687
May 2014171094.734.73$16,199
Apr 2014406095.944.81$38,952
Mar 2014185095.895.06$17,740
Feb 2014317097.406.19$30,876
Jan 2014170090.404.86$15,368
Dec 2013337091.824.35$30,943
Nov 2013341088.853.74$30,298
Oct 2013343097.423.78$33,415
Sep 20133270104.113.72$34,044
Aug 20133400104.253.52$35,445
Jul 20131750102.523.72$17,941
Jun 2013337094.403.93$31,813
May 2013173094.834.15$16,406
Apr 2013330093.964.28$31,007
Mar 2013336093.623.91$31,456
Feb 2013342091.233.42$31,201
Jan 2013178091.603.42$16,305
Dec 2012350086.773.42$30,370
Nov 2012479086.953.62$41,649
Oct 2012354089.383.40$31,641
Sep 2012340094.672.92$32,188
Aug 2012338092.662.91$31,319
Jul 2012343085.133.02$29,200
Jun 2012347079.822.52$27,698
May 2012329091.612.49$30,140
Apr 20123270101.652.00$33,240
Mar 20123400105.052.22$35,717
Feb 20124850101.102.57$49,034
Jan 2012341098.092.73$33,449
Dec 2011520096.873.24$50,372
Nov 2011355095.723.31$33,981
Oct 2011356084.983.65$30,253
Sep 2011518083.623.99$43,315
Aug 2011521083.404.15$43,451
Jul 2011350094.144.52$32,949
Jun 2011505092.904.64$46,915
May 2011334098.134.40$32,775
Apr 20115210105.964.33$55,205
Mar 2011532096.364.06$51,264
Feb 2011350085.644.18$29,974
Jan 2011544086.504.59$47,056
Dec 2010535085.734.35$45,866
Nov 2010354080.843.80$28,617
Oct 2010527078.103.51$41,159
Sep 2010529072.633.98$38,421
Aug 2010179073.684.42$13,189
Jul 2010891072.554.74$64,642
Jun 2010357070.364.91$25,119
May 2010355071.124.24$25,248
Apr 2010353081.694.12$28,837
Mar 2010532078.394.39$41,703
Feb 2010368073.585.44$27,077
Jan 2010521074.365.96$38,742
Dec 2009533071.445.48$38,078
Nov 2009347074.593.75$25,883
Oct 2009708072.544.11$51,358
Sep 2009533065.543.06$34,933
Aug 2009550067.423.22$37,081
Jul 2009534061.133.46$32,643
Jun 2009526066.163.90$34,800
May 2009514054.743.93$28,136
Apr 2009717046.773.59$33,534
Mar 2009538042.144.06$22,671
Feb 2009552032.814.63$18,111
Jan 2009738035.865.37$26,465
Dec 2008735037.105.98$27,269
Nov 2008710055.496.86$39,398
Oct 2008716075.246.92$53,872
Sep 20087350101.767.88$74,794
Aug 20088910114.228.48$101,770
Jul 20089020131.0811.39$118,234
Jun 20089200131.3313.03$120,824
May 20088930123.1711.57$109,991
Apr 20088690110.3110.45$95,859
Mar 20081790101.909.66$18,240
Feb 2008357092.538.77$33,033
Jan 2008535090.388.21$48,353
Dec 2007356088.337.30$31,445
Nov 2007177091.677.29$16,226
Oct 2007531082.856.92$43,993
Sep 2007345075.846.24$26,165
Aug 2007519069.066.39$35,842
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007174055.108.22$9,587
Jan 2007353050.306.73$17,756
Dec 2006340056.656.92$19,261
Nov 2006350054.207.62$18,970
Oct 20063463254.906.01$19,188
Sep 20063243160.085.04$19,622
Aug 20063353468.717.34$23,267
Jul 20063523169.376.34$24,615
Jun 20061753166.286.38$11,797
May 20063523266.016.42$23,441
Apr 20063452964.397.36$22,428
Mar 20063443056.707.08$19,717
Feb 20061693157.597.75$9,973
Jan 20061701860.598.93$10,461
Dec 20051791354.9413.42$10,009
Nov 20051761754.6910.59$9,805
Oct 2005332058.3413.80$19,369
Sep 20051791661.4512.08$11,193
Aug 200501161.519.80$108
Jul 20051791855.697.84$10,110
Jun 20051682052.337.38$8,939
May 20051761745.226.65$8,072
Apr 20051691749.207.36$8,440
Mar 20051781450.377.15$9,066
Feb 20050245.226.31$13
Jan 20051781543.166.32$7,777
Dec 20041802439.866.75$7,337
Nov 20041792345.286.33$8,251
Oct 20041701749.706.52$8,560
Sep 2004166643.245.28$7,210
Aug 20040342.375.55$17
Jul 20040638.286.08$37
Jun 2004178636.106.43$6,464
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040334.365.53$17
Feb 2004143432.455.51$4,662
Jan 20040532.036.30$32
Dec 20030530.266.30$32
Nov 2003133328.804.60$3,844
Oct 20030928.174.76$43
Sep 20030926.314.75$43
Aug 2003171529.765.13$5,115
Jul 20030529.415.17$26
Jun 20030628.565.98$36
May 20031642026.595.97$4,480
Apr 200301326.675.41$70
Mar 20033171431.146.10$9,957
Feb 200301433.487.93$111
Jan 20031801630.315.58$5,545
Dec 20021871826.914.85$5,120
Nov 20021791824.664.14$4,489
Oct 20021751926.464.23$4,711
Sep 20021771627.443.64$4,915
Aug 20020725.963.16$22
Jul 2002167724.583.06$4,126
Jun 20020823.733.34$27
May 20021751024.663.58$4,351
Apr 2002168923.653.51$4,005
Mar 200201322.003.10$40
Feb 20023221818.222.38$5,910
Jan 200201417.172.38$33
Dec 20011801316.932.36$3,078
Nov 20011711118.072.41$3,116
Oct 20011781619.782.53$3,561
Sep 200101624.262.25$36
Aug 20013421724.873.05$8,557
Jul 200101023.933.20$32
Jun 20011721124.563.82$4,266
May 20010925.524.31$39
Apr 20011821624.685.34$4,577
Mar 20011591524.545.38$3,983
Feb 20011751827.755.77$4,960
Jan 20013674127.478.40$10,426
Dec 20005325026.889.12$14,756
Nov 20005405032.215.66$17,676
Oct 20005235531.235.15$16,616
Sep 20005296031.875.19$17,170
Aug 20006775529.644.54$20,316
Jul 20005446528.534.09$15,786
Jun 20007276829.304.40$21,600
May 20006307927.263.68$17,465

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                  549 bbl  × $106.41 =    $58,419
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $58,419

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/3690 is the state's own key, not one this site invented.