BLACKTIP

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) in the AGUILA VADO (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4087District 05Field 00870500OilCasinghead gasSaveExport
Value, all time
$12.4 M
Jan 2014 – May 2026
Value, last 12 filed months
$324 k
at the published price for each month
Months reported
149
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 199 leases and 351 wells, and the rule below applies to all of them.

Discovered
2009-12-21
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 160 acres. The field rule took effect on 2019-01-07.

The Commission's schedule remark for this field reads: 1/7/19 FIELD CHANGED TO 49B PER ENGINEERING DEPARTMENT.

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
OilDisposition174,842 bbl$12,299,236
Casinghead gasProduction21,712 Mcf$107,013
Total$12,406,250

Every month this lease reported (149)

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

149 months

May 20263670106.413.05$39,052
Apr 2026361098.932.87$35,714
Mar 2026546089.753.15$49,004
Feb 2026180063.503.75$11,430
Jan 20263631159.138.00$21,552
Dec 2025360056.664.41$20,398
Nov 2025362058.593.93$21,210
Oct 2025533059.383.30$31,650
Sep 2025365062.743.08$22,900
Aug 2025348063.933.01$22,248
Jul 2025371066.743.32$24,761
Jun 202536116966.483.13$24,528
May 2025349060.553.23$21,132
Apr 2025705062.363.54$43,964
Mar 2025362067.704.27$24,507
Feb 2025371070.884.34$26,296
Jan 20251824074.324.28$13,697
Dec 2024395068.993.12$27,251
Nov 2024364069.052.20$25,134
Oct 2024536071.372.28$38,254
Sep 2024356069.612.36$24,781
Aug 2024358075.632.06$27,076
Jul 2024545079.932.15$43,562
Jun 2024183078.082.63$14,289
May 2024533078.812.20$42,006
Apr 2024357084.451.66$30,149
Mar 2024565080.301.55$45,370
Feb 2024342076.091.78$26,023
Jan 202454719873.023.30$40,595
Dec 20233511871.262.61$25,059
Nov 2023357077.892.81$27,807
Oct 2023356085.443.09$30,417
Sep 2023349089.042.74$31,075
Aug 2023354080.522.67$28,504
Jul 2023530074.852.64$39,671
Jun 2023363068.962.26$25,032
May 2023360070.622.23$25,423
Apr 2023550078.122.24$42,966
Mar 20235702172.852.39$41,575
Feb 20233601275.112.47$27,069
Jan 20237073476.533.39$54,222
Dec 20221683776.415.73$13,049
Nov 2022537085.005.65$45,645
Oct 20223602287.185.86$31,514
Sep 20221842784.888.16$15,838
Aug 20225233394.529.13$49,735
Jul 202252844101.587.54$53,966
Jun 202234527115.097.98$39,921
May 20225290109.378.43$57,857
Apr 20224110104.226.84$42,834
Mar 20223940108.885.08$42,899
Feb 2022604091.054.86$54,994
Jan 2022387081.844.54$31,672
Dec 2021539071.323.90$38,441
Nov 2021360277.435.24$27,885
Oct 20215761279.795.71$46,028
Sep 2021388069.865.35$27,106
Aug 20215691266.024.22$37,616
Jul 20214911170.783.98$34,797
Jun 20216721769.493.38$46,755
May 20215311163.483.02$33,741
Apr 20211,47523360.362.76$89,674
Mar 20211,0692,20761.302.72$71,526
Feb 2021380057.805.55$21,964
Jan 2021375050.412.81$18,904
Dec 2020569644.642.68$25,416
Nov 2020541038.772.71$20,975
Oct 2020734536.972.48$27,148
Sep 2020358037.091.99$13,278
Aug 2020532039.982.39$21,269
Jul 2020702938.371.83$26,952
Jun 20205411734.901.69$18,910
May 20205301816.921.81$9,000
Apr 2020710014.751.80$10,473
Mar 20205343930.341.86$16,274
Feb 2020705049.881.98$35,165
Jan 2020541057.252.09$30,972
Dec 2019693059.012.30$40,894
Nov 2019539055.302.75$29,807
Oct 20199223353.472.42$49,379
Sep 2019553055.052.66$30,443
Aug 2019710753.112.30$37,724
Jul 2019722256.272.46$40,632
Jun 2019708452.782.49$37,378
May 20197261658.482.74$42,500
Apr 2019548062.632.75$34,321
Mar 2019728656.803.06$41,369
Feb 2019719050.852.79$36,561
Jan 2019729046.033.23$33,556
Dec 2018733046.594.19$34,150
Nov 2018916052.934.24$48,484
Oct 2018537061.443.40$32,993
Sep 20181,093059.543.11$65,077
Aug 2018545059.403.07$32,373
Jul 2018891065.142.93$58,040
Jun 2018526060.183.08$31,655
May 2018898065.382.90$58,711
Apr 2018758063.842.90$48,391
Mar 20181,142061.222.79$69,913
Feb 2018555061.782.77$34,288
Jan 2018956062.874.01$60,104
Dec 2017744057.272.92$42,609
Nov 2017643055.423.12$35,635
Oct 20171,065049.292.98$52,494
Sep 2017915047.523.09$43,481
Aug 20171,0811245.373.00$49,081
Jul 2017919043.873.09$40,317
Jun 2017888042.493.09$37,731
May 2017907045.373.26$41,151
Apr 2017906047.933.21$43,425
Mar 20171,0752146.772.98$50,340
Feb 20171,0216950.452.95$51,713
Jan 20171,025049.413.42$50,645
Dec 20161,054048.763.72$51,393
Nov 20161,022042.492.64$43,425
Oct 20161,2353646.193.09$57,156
Sep 20161,1912541.553.10$49,564
Aug 20161,1493041.442.92$47,702
Jul 20161,1462941.622.92$47,781
Jun 20161,322045.352.69$59,953
May 20161,214042.521.99$51,619
Apr 20161,2135936.561.99$44,465
Mar 20161,435033.011.79$47,369
Feb 20161,256026.472.06$33,246
Jan 20161,410527.352.36$38,575
Dec 20151,614032.362.00$52,229
Nov 20151,405038.792.17$54,500
Oct 20151,592043.552.43$69,332
Sep 20151,454042.992.76$62,507
Aug 20151,776040.162.87$71,324
Jul 20151,711048.152.95$82,385
Jun 20151,851056.152.88$103,934
May 20152,0623755.212.96$113,952
Apr 20152,205049.822.71$109,853
Mar 20152,134042.892.93$91,527
Feb 20151,933044.662.98$86,328
Jan 20152,552043.433.10$110,833
Dec 20143,125054.693.59$170,906
Nov 20142,6855770.464.25$189,427
Oct 20143,042078.303.90$238,189
Sep 20143,493086.164.05$300,957
Aug 20144,046089.394.04$361,672
Jul 20144,02068496.564.18$391,030
Jun 20144,8381,17498.164.74$480,459
May 20146,8072,53594.734.73$656,809
Apr 20148,4902,97195.944.81$828,819
Mar 201411,6534,04395.895.06$1,137,851
Feb 201420,0336,36797.406.19$1,990,639
Jan 201447219890.404.86$43,631

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                  367 bbl  × $106.41 =    $39,052
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $39,052

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/4087 is the state's own key, not one this site invented.