MIKULEC WEST 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 4394District 05Field 00870500OilCasinghead gasSaveExport
Value, all time
$16.9 M
Oct 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
92
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
OilDisposition270,660 bbl$16,552,826
Casinghead gasProduction104,509 Mcf$344,470
Total$16,897,295

Every month this lease reported (92)

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

92 months

May 20261,090400106.413.05$117,205
Apr 20261,08043598.932.87$108,093
Mar 20261,40452689.753.15$127,666
Feb 20261,23444663.503.75$80,032
Jan 20261,02250759.138.00$64,486
Dec 20251,25168756.664.41$73,914
Nov 20251,24475758.593.93$75,858
Oct 20251,43070159.383.30$87,230
Sep 20251,27147862.743.08$81,213
Aug 20251,06039163.933.01$68,945
Jul 20251,43933066.743.32$97,133
Jun 20251,26356866.483.13$85,741
May 20251,24650360.553.23$77,071
Apr 20251,25653462.363.54$80,216
Mar 20251,42752267.704.27$98,836
Feb 20251,33752570.884.34$97,046
Jan 20251,36068974.324.28$104,023
Dec 20241,36871468.993.12$96,607
Nov 20241,27466469.052.20$89,429
Oct 20241,43361671.372.28$103,679
Sep 20241,57853769.612.36$111,114
Aug 20241,19157175.632.06$91,254
Jul 20241,43663779.932.15$116,147
Jun 20241,40853278.082.63$111,338
May 20241,42059278.812.20$113,212
Apr 20241,42551984.451.66$121,202
Mar 20241,63256380.301.55$131,920
Feb 20241,42437776.091.78$109,025
Jan 20241,69512473.023.30$124,178
Dec 20231,44385071.262.61$105,047
Nov 20231,83083277.892.81$144,875
Oct 20231,43492985.443.09$125,389
Sep 20231,62778189.042.74$147,004
Aug 20231,61272580.522.67$131,736
Jul 20231,80393474.852.64$137,422
Jun 20231,7881,10168.962.26$125,787
May 20231,62394070.622.23$116,710
Apr 20231,99282178.122.24$157,452
Mar 20232,68976772.852.39$197,729
Feb 202353812375.112.47$40,712
Jan 20232,20298076.533.39$171,839
Dec 20221,97486776.415.73$155,800
Nov 20222,04167285.005.65$177,279
Oct 20222,32078087.185.86$206,831
Sep 20222,21975784.888.16$194,529
Aug 20222,24999294.529.13$221,630
Jul 20222,407912101.587.54$251,381
Jun 20222,209831115.097.98$260,863
May 20222,468800109.378.43$276,672
Apr 20222,541769104.226.84$270,081
Mar 20222,4931,213108.885.08$277,596
Feb 20222,31665091.054.86$214,030
Jan 20222,5071,00781.844.54$209,742
Dec 20212,80899071.323.90$204,127
Nov 20212,46680177.435.24$195,137
Oct 20212,7891,27279.795.71$229,802
Sep 20212,7311,28769.865.35$197,674
Aug 20212,7411,38966.024.22$186,823
Jul 20213,1661,46270.783.98$229,911
Jun 20212,7301,48369.493.38$194,721
May 20213,0541,78663.483.02$199,257
Apr 20213,5641,76760.362.76$219,997
Mar 20213,2271,20661.302.72$201,092
Feb 20211,9901,05857.805.55$120,892
Jan 20213,4001,97950.412.81$176,956
Dec 20203,3882,60444.642.68$158,207
Nov 20203,9612,51138.772.71$160,364
Oct 20203,0751,24736.972.48$116,773
Sep 20203,7571,23337.091.99$141,802
Aug 20203,5861,35039.982.39$146,588
Jul 20203,7791,56738.371.83$147,860
Jun 20203,9861,77134.901.69$142,105
May 20204,0122,00216.921.81$71,516
Apr 20204,4411,54914.751.80$68,300
Mar 20204,1251,60530.341.86$128,132
Feb 20204,7191,55049.881.98$238,454
Jan 20205,0402,12057.252.09$292,981
Dec 20195,2722,26559.012.30$316,320
Nov 20195,2391,97755.302.75$295,155
Oct 20195,5921,84653.472.42$303,469
Sep 20195,7071,89955.052.66$319,217
Aug 20196,3862,12153.112.30$344,048
Jul 20197,4932,26056.272.46$427,191
Jun 20195,5671,92552.782.49$298,622
May 20196,2232,45958.482.74$370,659
Apr 20196,4541,83462.632.75$409,259
Mar 20197,0402,65656.803.06$408,005
Feb 20197,0301,95450.852.79$362,932
Jan 20198,3871,94946.033.23$392,345
Dec 20189,2242,24546.594.19$439,142
Nov 201810,3402,56652.934.24$558,169
Oct 20185,1481,48661.443.40$321,343

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                1,090 bbl  × $106.41 =   $115,987
Casinghead gas       400 Mcf  × $  3.05 =     $1,218

────────────────────────────────────────────────────
Month total                                 $117,205

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/4394 is the state's own key, not one this site invented.