ALBERT PAYNE 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 4374District 05Field 00870500OilCasinghead gasSaveExport
Value, all time
$32.4 M
Apr 2018 – May 2026
Value, last 12 filed months
$3.0 M
at the published price for each month
Months reported
98
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
OilDisposition486,412 bbl$31,606,597
Casinghead gasProduction260,115 Mcf$836,239
Total$32,442,836

Every month this lease reported (98)

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

98 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20264,3724,61089.753.15$406,906
Feb 20263,6213,69463.503.75$243,787
Jan 20264,3023,86559.138.00$285,289
Dec 20253,8613,70956.664.41$235,133
Nov 20254,2643,82458.593.93$264,842
Oct 20254,1414,19759.383.30$259,763
Sep 20254,5074,45662.743.08$296,480
Aug 20254,6784,85863.933.01$313,710
Jul 20254,8275,01166.743.32$338,766
Jun 20254,4965,10866.483.13$314,876
May 20254,7715,33560.553.23$306,128
Apr 20254,8472,01262.363.54$309,388
Mar 20255,3914,13167.704.27$382,603
Feb 20254,9122,18370.884.34$357,639
Jan 20255,4653,14174.324.28$419,598
Dec 20245,4402,32568.993.12$382,563
Nov 20245,5712,44069.052.20$390,042
Oct 20245,8602,96771.372.28$424,997
Sep 20245,8182,89469.612.36$411,833
Aug 20246,2313,24475.632.06$477,945
Jul 20246,2613,25279.932.15$507,422
Jun 20246,8873,03478.082.63$545,728
May 20246,1462,84378.812.20$490,616
Apr 20247,9803,29184.451.66$679,371
Mar 20248,0113,75380.301.55$649,082
Feb 202411,4854,61176.091.78$882,118
Jan 202414,2786,14773.023.30$1,062,850
Dec 202318,6069,33471.262.61$1,350,232
Nov 20238,3413,43577.892.81$659,324
Oct 20231,64581285.443.09$143,056
Sep 20231,9511,14689.042.74$176,851
Aug 20231,9471,19780.522.67$159,972
Jul 20232,1621,23274.852.64$165,080
Jun 20232,1321,27568.962.26$149,902
May 20232,0081,30370.622.23$144,707
Apr 20232,1901,11278.122.24$173,571
Mar 20232,1571,27872.852.39$160,196
Feb 20232,1751,03675.112.47$165,919
Jan 20232,2621,17876.533.39$177,102
Dec 20222,2061,04676.415.73$174,553
Nov 20222,2751,06685.005.65$199,394
Oct 20222,2871,19187.185.86$206,364
Sep 20222,3771,15684.888.16$211,197
Aug 20222,3871,19294.529.13$236,499
Jul 20222,3951,218101.587.54$252,470
Jun 20222,2971,213115.097.98$274,038
May 20222,5331,213109.378.43$287,263
Apr 20222,6811,326104.226.84$288,480
Mar 20222,4191,270108.885.08$269,828
Feb 20222,2691,02691.054.86$211,578
Jan 20222,9091,27981.844.54$243,876
Dec 20212,3961,29271.323.90$175,920
Nov 20212,6121,30277.435.24$209,066
Oct 20212,9131,49079.795.71$240,942
Sep 20212,5461,56969.865.35$186,259
Aug 20212,9191,68466.024.22$199,820
Jul 20212,8821,74670.783.98$210,941
Jun 20212,7541,60469.493.38$196,798
May 20213,2721,73563.483.02$212,942
Apr 20212,8111,52860.362.76$173,887
Mar 20213,4391,62261.302.72$215,218
Feb 20212,50192457.805.55$149,684
Jan 20213,2231,46750.412.81$166,594
Dec 20203,2781,42544.642.68$150,142
Nov 20203,0761,67638.772.71$123,793
Oct 20203,2571,34036.972.48$123,732
Sep 20203,4541,84037.091.99$131,772
Aug 20203,5972,00639.982.39$148,593
Jul 20203,6851,84338.371.83$144,757
Jun 20203,5471,98234.901.69$127,140
May 20203,8502,42616.921.81$69,545
Apr 20203,9203,32114.751.80$63,812
Mar 20204,6823,08030.341.86$147,769
Feb 20203,2191,83049.881.98$164,188
Jan 20204,4812,51857.252.09$261,812
Dec 20196,5054,37759.012.30$393,946
Nov 20192,0541,11255.302.75$116,645
Oct 20194,1513,41753.472.42$230,218
Sep 20194,8123,48955.052.66$274,172
Aug 20195,0293,60053.112.30$275,386
Jul 20195,3344,07956.272.46$310,179
Jun 20196,6161,95352.782.49$354,058
May 20195,8772,82758.482.74$351,434
Apr 20194,4121,76462.632.75$281,176
Mar 20196,6892,87256.803.06$388,730
Feb 20195,8762,54150.852.79$305,890
Jan 20197,6203,64146.033.23$362,502
Dec 20188,0664,16246.594.19$393,215
Nov 20188,8593,80452.934.24$485,025
Oct 20189,6173,70761.443.40$603,465
Sep 20189,7743,85959.543.11$593,938
Aug 201811,2714,15259.403.07$682,230
Jul 201812,9484,65965.142.93$857,092
Jun 201814,4245,57560.183.08$885,190
May 201821,4427,60265.382.90$1,423,930
Apr 201811,6884,20463.842.90$758,357

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.

Mar 2026 — as filed, then multipliedworked
Oil                4,372 bbl  × $ 89.75 =   $392,387
Casinghead gas     4,610 Mcf  × $  3.15 =    $14,519

────────────────────────────────────────────────────
Month total                                 $406,906

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/4374 is the state's own key, not one this site invented.