GRAY UNIT

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 4226District 05Field 00870500OilCasinghead gasSaveExport
Value, all time
$12.1 M
Oct 2015 – May 2026
Value, last 12 filed months
$570 k
at the published price for each month
Months reported
128
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
OilDisposition227,265 bbl$11,801,487
Casinghead gasProduction106,756 Mcf$315,754
Total$12,117,241

Every month this lease reported (128)

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

128 months

May 2026706276106.413.05$75,966
Apr 202655127098.932.87$55,285
Mar 202669928489.753.15$63,630
Feb 202670823663.503.75$45,843
Jan 202652624459.138.00$33,054
Dec 202572728456.664.41$42,445
Nov 202556327758.593.93$34,074
Oct 202588428459.383.30$53,430
Sep 202547931262.743.08$31,012
Aug 202580436263.933.01$52,491
Jul 202568830066.743.32$46,912
Jun 202552929866.483.13$36,100
May 202587230560.553.23$53,785
Apr 202551730962.363.54$33,335
Mar 202590132967.704.27$62,402
Feb 202572426870.884.34$52,480
Jan 202554128174.324.28$41,409
Dec 202488533668.993.12$62,105
Nov 202471328869.052.20$49,866
Oct 202453026671.372.28$38,433
Sep 202486535769.612.36$61,057
Aug 202486739775.632.06$66,390
Jul 202469336979.932.15$56,184
Jun 202451226478.082.63$40,672
May 202468934678.812.20$55,061
Apr 202489335084.451.66$75,995
Mar 202468340780.301.55$55,474
Feb 202489251176.091.78$68,784
Jan 202488024973.023.30$65,079
Dec 202354318171.262.61$39,167
Nov 202373339077.892.81$58,188
Oct 202389341185.443.09$77,567
Sep 202371439589.042.74$64,655
Aug 202388941780.522.67$72,697
Jul 202387542274.852.64$66,609
Jun 202370244068.962.26$49,404
May 20231,06748670.622.23$76,434
Apr 202372628778.122.24$57,357
Mar 202390439972.852.39$66,811
Feb 202374235275.112.47$56,600
Jan 20231,00042876.533.39$77,980
Dec 202270635476.415.73$55,974
Nov 20221,00343585.005.65$87,711
Oct 202275341687.185.86$68,086
Sep 202293339784.888.16$82,434
Aug 202296145694.529.13$94,996
Jul 2022940481101.587.54$99,113
Jun 2022745492115.097.98$89,667
May 20221,036499109.378.43$117,515
Apr 2022961372104.226.84$102,699
Mar 2022940515108.885.08$104,962
Feb 20221,07839791.054.86$100,081
Jan 202290021181.844.54$74,613
Dec 202192142371.323.90$67,335
Nov 20211,07549477.435.24$85,824
Oct 202191453279.795.71$75,968
Sep 20211,10657069.865.35$80,315
Aug 20211,07362166.024.22$73,460
Jul 20211,10158870.783.98$80,270
Jun 202193660969.493.38$67,101
May 20211,09662563.483.02$71,460
Apr 20211,09859760.362.76$67,922
Mar 20211,21563661.302.72$76,207
Feb 202171639757.805.55$43,587
Jan 20211,20655350.412.81$62,349
Dec 20201,07262944.642.68$49,537
Nov 20201,06461238.772.71$42,908
Oct 20201,23863336.972.48$47,338
Sep 20201,08363337.091.99$41,429
Aug 20201,22461539.982.39$50,402
Jul 20201,24457538.371.83$48,782
Jun 20201,22658834.901.69$43,781
May 20201,46071316.921.81$25,997
Apr 202087535414.751.80$13,545
Mar 20201,44947430.341.86$44,843
Feb 20201,45755649.881.98$73,776
Jan 20201,26633757.252.09$73,184
Dec 20191,22546359.012.30$73,354
Nov 20191,43447455.302.75$80,604
Oct 20191,26746453.472.42$68,869
Sep 20191,23160055.052.66$69,361
Aug 20191,57568153.112.30$85,218
Jul 20191,40172256.272.46$80,610
Jun 20191,40068052.782.49$75,586
May 20191,57364958.482.74$93,768
Apr 20191,88989462.632.75$120,767
Mar 20191,11336656.803.06$64,339
Feb 20191,51075850.852.79$78,900
Jan 20191,48490946.033.23$71,243
Dec 20181,95991346.594.19$95,091
Nov 20181,61391052.934.24$89,232
Oct 20181,40292761.443.40$89,289
Sep 20181,73691759.543.11$106,211
Aug 20181,75197659.403.07$107,002
Jul 20182,0451,01865.142.93$136,196
Jun 20181,61899060.183.08$100,417
May 20181,8141,09265.382.90$121,767
Apr 20181,9831,12763.842.90$129,864
Mar 20181,9611,18961.222.79$123,366
Feb 20182,1211,07161.782.77$133,998
Jan 20182,0311,22262.874.01$132,588
Dec 20172,1631,16957.272.92$127,290
Nov 20172,13698355.423.12$121,442
Oct 20172,3911,23749.292.98$121,543
Sep 20172,0091,07747.523.09$98,793
Aug 20172,5301,14645.373.00$118,229
Jul 20172,52195543.873.09$113,545
Jun 20172,4951,24442.493.09$109,853
May 20173,6141,45245.373.26$168,706
Apr 20172,17587147.933.21$107,045
Mar 20172,5131,24046.772.98$121,233
Feb 20172,7081,38550.452.95$140,708
Jan 20173,1931,65249.413.42$163,414
Dec 20163,1171,23048.763.72$156,564
Nov 20163,2921,30742.492.64$143,333
Oct 20163,4911,53746.193.09$165,999
Sep 20163,5891,44741.553.10$153,610
Aug 20163,8031,82141.442.92$162,922
Jul 20164,1881,71641.622.92$179,323
Jun 20164,3472,07645.352.69$202,712
May 20164,8292,39542.521.99$210,098
Apr 20164,6782,54736.561.99$176,099
Mar 20165,6793,12133.011.79$193,063
Feb 20166,0922,58826.472.06$166,596
Jan 20166,9853,28327.352.36$198,802
Dec 20159,1074,07632.362.00$302,860
Nov 201511,3844,74738.792.17$451,874
Oct 201514,7206,38643.552.43$656,552

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                  706 bbl  × $106.41 =    $75,125
Casinghead gas       276 Mcf  × $  3.05 =       $841

────────────────────────────────────────────────────
Month total                                  $75,966

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/4226 is the state's own key, not one this site invented.