BLACKSTONE

Operated by JEFFCOAT PRODUCTION COMPANY INC. (P-5 430685) in the BROOKELAND (AUSTIN CHALK, 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279978District 06Field 12193500CondensateGasSaveExport
Value, all time
$3.3 M
Jan 2016 – Oct 2024
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
106
no gaps in the span
Streams
2
condensate, 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 488 leases and 597 wells, and the rule below applies to all of them.

Discovered
1983-06-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2009-10-22.

The Commission's schedule remark for this field reads: ACRES. DOCKET EFFECTIVE 10-22-09.

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
CondensateDisposition25,587 bbl$1,315,842
GasProduction669,552 Mcf$2,031,092
Total$3,346,935

Every month this lease reported (106)

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

106 months

Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024094976.091.78$1,693
Jan 202401,07473.023.30$3,542
Dec 202302,59871.262.61$6,783
Nov 202302,60077.892.81$7,300
Oct 202302,01785.443.09$6,227
Sep 2023048189.042.74$1,316
Aug 202301,64480.522.67$4,394
Jul 2023020574.852.64$542
Jun 202302,96868.962.26$6,703
May 2023069570.622.23$1,548
Apr 2023060478.122.24$1,352
Mar 202302,21072.852.39$5,289
Feb 2023058475.112.47$1,440
Jan 202301,60276.533.39$5,427
Dec 202202,21676.415.73$12,696
Nov 202202,86485.005.65$16,171
Oct 2022083987.185.86$4,920
Sep 202202,04384.888.16$16,678
Aug 2022179094.529.13$16,919
Jul 20221790101.587.54$18,183
Jun 202201,400115.097.98$11,168
May 20220583109.378.43$4,916
Apr 202200104.226.84$0
Mar 2022176461108.885.08$21,503
Feb 20220391.054.86$15
Jan 202204081.844.54$182
Dec 202101771.323.90$66
Nov 2021066377.435.24$3,472
Oct 20211791,99279.795.71$25,664
Sep 20210069.865.35$0
Aug 2021038966.024.22$1,642
Jul 20211792,87370.783.98$24,110
Jun 202102,23469.493.38$7,552
May 20211732,58963.483.02$18,795
Apr 20211841,05560.362.76$14,016
Mar 20211842,73161.302.72$18,699
Feb 20211791,85757.805.55$20,649
Jan 20211841,22550.412.81$12,718
Dec 20201843,10944.642.68$16,532
Nov 20201842,98038.772.71$15,199
Oct 202002,56136.972.48$6,347
Sep 20201803,15037.091.99$12,948
Aug 202018040139.982.39$8,153
Jul 202017994238.371.83$8,587
Jun 202037545134.901.69$13,850
May 202003716.921.81$67
Apr 2020027414.751.80$494
Mar 20201872830.341.86$5,726
Feb 20205613,76449.881.98$35,438
Jan 20201873,40457.252.09$17,836
Dec 20195453,16659.012.30$39,456
Nov 201902,08055.302.75$5,721
Oct 20193771,66653.472.42$24,187
Sep 20193555,31255.052.66$33,658
Aug 20193614,88853.112.30$30,436
Jul 20193615,68556.272.46$34,299
Jun 20193665,63452.782.49$33,353
May 201901758.482.74$47
Apr 20193547062.632.75$22,364
Mar 20193727,69656.803.06$44,696
Feb 20191958,22150.852.79$32,871
Jan 20197379,43246.033.23$64,372
Dec 20181869,54446.594.19$48,612
Nov 20183749,41152.934.24$59,672
Oct 20183729,82261.443.40$56,232
Sep 20185509,76159.543.11$63,084
Aug 201875010,39059.403.07$76,412
Jul 20185539,49765.142.93$63,866
Jun 20185639,30960.183.08$62,524
May 20181949,91265.382.90$41,436
Apr 20185359,79163.842.90$62,556
Mar 201837810,39061.222.79$52,096
Feb 20183699,62061.782.77$49,407
Jan 201837310,83362.874.01$66,883
Dec 201719311,33257.272.92$44,160
Nov 201736211,38955.423.12$55,577
Oct 201737612,13649.292.98$54,743
Sep 201738412,09347.523.09$55,582
Aug 201737317,12145.373.00$68,361
Jul 20171849,94543.873.09$38,775
Jun 20175639,70342.493.09$53,878
May 20171959,31545.373.26$39,246
Apr 20173807,58447.933.21$42,570
Mar 201757618,69446.772.98$82,716
Feb 201748813,61550.452.95$64,819
Jan 201758416,42149.413.42$84,996
Dec 201658218,56448.763.72$97,489
Nov 201677827,64042.492.64$106,147
Oct 201674831,68146.193.09$132,453
Sep 201676331,71441.553.10$130,036
Aug 20161,12838,29541.442.92$158,732
Jul 20161,35146,05241.622.92$190,900
Jun 20161,87660,23045.352.69$246,844
May 201619211,39242.521.99$30,846
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201627813,08326.472.06$34,357
Jan 20160027.352.36$0

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.

Feb 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.09 =         $0
Gas                  949 Mcf  × $  1.78 =     $1,693

────────────────────────────────────────────────────
Month total                                   $1,693

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. 06/G/279978 is the state's own key, not one this site invented.