JERNIGAN "B"

Operated by RESERVE OPERATING CORP. (P-5 703371) in the CHAPEL HILL (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11540District 06Field 17008777NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
401
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 127 leases and 167 wells, and the rule below applies to all of them.

Discovered
1966-12-12
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1981-10-05.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 8-1-92.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition67,567 bbl$3,199,094
Casinghead gasProduction342,657 Mcf$912,986
Total$4,112,081

105,129 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.3516, -95.0971. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.35162, -95.09709 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,588 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,588 ft.

Completions filed
Oct 1993
1 of 1 wells

1 well

42-4233089418,588 ftOct 1993

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 2026165098.932.87$16,323
Mar 20260089.753.15$0
Feb 2026173063.503.75$10,986
Jan 20260059.138.00$0
Dec 202561056.664.41$3,456
Nov 2025185058.593.93$10,839
Oct 2025173059.383.30$10,273
Sep 20250062.743.08$0
Aug 2025172063.933.01$10,996
Jul 20250066.743.32$0
Jun 2025169066.483.13$11,235
May 2025187060.553.23$11,323
Apr 20250062.363.54$0
Mar 2025170067.704.27$11,509
Feb 2025174070.884.34$12,333
Jan 2025174074.324.28$12,932
Dec 20240068.993.12$0
Nov 2024191069.052.20$13,189
Oct 2024184071.372.28$13,132
Sep 20240069.612.36$0
Aug 2024178075.632.06$13,462
Jul 20240079.932.15$0
Jun 2024181078.082.63$14,132
May 2024190078.812.20$14,974
Apr 20240084.451.66$0
Mar 2024180080.301.55$14,454
Feb 2024169076.091.78$12,859
Jan 2024184073.023.30$13,436
Dec 20230071.262.61$0
Nov 2023183077.892.81$14,254
Oct 2023177085.443.09$15,123
Sep 2023187089.042.74$16,650
Aug 20230080.522.67$0
Jul 2023173074.852.64$12,949
Jun 20230068.962.26$0
May 2023191070.622.23$13,488
Apr 20230078.122.24$0
Mar 202319351472.852.39$15,290
Feb 2023057475.112.47$1,415
Jan 202319559576.533.39$16,939
Dec 202217561376.415.73$16,884
Nov 2022056685.005.65$3,196
Oct 202217362987.185.86$18,770
Sep 2022035984.888.16$2,931
Aug 202219153494.529.13$22,927
Jul 20220640101.587.54$4,827
Jun 2022189313115.097.98$24,249
May 20220144109.378.43$1,214
Apr 20220411104.226.84$2,810
Mar 202219248108.885.08$21,149
Feb 20221818691.054.86$16,898
Jan 202218858681.844.54$18,045
Dec 2021052771.323.90$2,055
Nov 202118680077.435.24$18,591
Oct 2021058979.795.71$3,365
Sep 2021094369.865.35$5,046
Aug 202119083566.024.22$16,068
Jul 202101,02170.783.98$4,066
Jun 202118985069.493.38$16,007
May 202119149163.483.02$13,606
Apr 202116658260.362.76$11,625
Mar 2021098461.302.72$2,673
Feb 202116683957.805.55$14,250
Jan 2021097350.412.81$2,734
Dec 20201911,02644.642.68$11,271
Nov 202017095738.772.71$9,181
Oct 20201541,01136.972.48$8,199
Sep 202001,18937.091.99$2,367
Aug 2020043939.982.39$1,047
Jul 202018576338.371.83$8,491
Jun 202018889834.901.69$8,079
May 202018994316.921.81$4,909
Apr 202001,05714.751.80$1,907
Mar 202001,34130.341.86$2,489
Feb 2020094349.881.98$1,868
Jan 20201691,05157.252.09$11,877
Dec 20191601,02159.012.30$11,794
Nov 201917784055.302.75$12,099
Oct 201916087953.472.42$10,681
Sep 2019078055.052.66$2,073
Aug 201918653353.112.30$11,107
Jul 201905456.272.46$133
Jun 2019056952.782.49$1,417
May 20191641,03458.482.74$12,424
Apr 20191901,06862.632.75$14,837
Mar 201901,04856.803.06$3,209
Feb 201918987550.852.79$12,054
Jan 201918599146.033.23$11,715
Dec 2018096546.594.19$4,039
Nov 20181911,02052.934.24$14,432
Oct 201819170661.443.40$14,134
Sep 2018094059.543.11$2,922
Aug 20181801,04159.403.07$13,884
Jul 201818780965.142.93$14,553
Jun 201801,06360.183.08$3,271
May 201818683365.382.90$14,577
Apr 201819292863.842.90$14,949
Mar 201818792961.222.79$14,037
Feb 2018088661.782.77$2,451
Jan 20181911,05562.874.01$16,238
Dec 20171911,06157.272.92$14,038
Nov 2017093755.423.12$2,922
Oct 201715382249.292.98$9,994
Sep 201718866647.523.09$10,990
Aug 201717983445.373.00$10,627
Jul 2017094843.873.09$2,927
Jun 201718786442.493.09$10,613
May 201718948345.373.26$10,151
Apr 2017076247.933.21$2,447
Mar 2017058646.772.98$1,748
Feb 201716361650.452.95$10,042
Jan 201718895449.413.42$12,551
Dec 201619098448.763.72$12,928
Nov 2016079742.492.64$2,108
Oct 201618580846.193.09$11,042
Sep 201618778041.553.10$10,188
Aug 2016057541.442.92$1,682
Jul 201619065341.622.92$9,817
Jun 201618933245.352.69$9,463
May 2016068542.521.99$1,364
Apr 201618280036.561.99$8,247
Mar 201618479933.011.79$7,507
Feb 201618171926.472.06$6,275
Jan 201618869827.352.36$6,792
Dec 2015056432.362.00$1,129
Nov 201519176838.792.17$9,073
Oct 201518785243.552.43$10,211
Sep 201517684042.992.76$9,883
Aug 201518680140.162.87$9,771
Jul 2015078148.152.95$2,300
Jun 201517687856.152.88$12,414
May 201517385055.212.96$12,063
Apr 201518490249.822.71$11,608
Mar 201515090042.892.93$9,075
Feb 201516087944.662.98$9,762
Jan 201518488243.433.10$10,726
Dec 201418495354.693.59$13,486
Nov 2014087270.464.25$3,708
Oct 201437097178.303.90$32,759
Sep 2014088386.164.05$3,572
Aug 20141911,07289.394.04$21,399
Jul 201417387396.564.18$20,354
Jun 201419087398.164.74$22,786
May 201418379094.734.73$21,070
Apr 201401,00195.944.81$4,814
Mar 201418595495.895.06$22,564
Feb 201418181897.406.19$22,694
Jan 201418993590.404.86$21,630
Dec 201318289091.824.35$20,587
Nov 201318872288.853.74$19,403
Oct 201317288897.423.78$20,112
Sep 20130809104.113.72$3,008
Aug 2013187563104.253.52$21,478
Jul 2013182622102.523.72$20,971
Jun 201318165694.403.93$19,667
May 2013037594.834.15$1,556
Apr 201318462893.964.28$19,978
Mar 201318589693.623.91$20,826
Feb 2013078491.233.42$2,681
Jan 201318889491.603.42$20,278
Dec 201219595786.773.42$20,193
Nov 201219193386.953.62$19,990
Oct 20121701,09589.383.40$18,917
Sep 20121871,05494.672.92$20,779
Aug 20121831,03692.662.91$19,970
Jul 20121911,07485.133.02$19,504
Jun 20121811,07579.822.52$17,155
May 20121861,14491.612.49$19,886
Apr 20121901,119101.652.00$21,548
Mar 20120850105.052.22$1,889
Feb 20121901,020101.102.57$21,831
Jan 201219092998.092.73$21,177
Dec 201137892996.873.24$39,627
Nov 201118587695.723.31$20,609
Oct 201118376284.983.65$18,332
Sep 2011050683.623.99$2,017
Aug 201118622883.404.15$16,458
Jul 2011178094.144.52$16,757
Jun 2011182092.904.64$16,908
May 2011158098.134.40$15,505
Apr 20111620105.964.33$17,166
Mar 2011190096.364.06$18,308
Feb 2011194085.644.18$16,614
Jan 20110086.504.59$0
Dec 2010174085.734.35$14,917
Nov 2010173080.843.80$13,985
Oct 20100078.103.51$0
Sep 2010162072.633.98$11,766
Aug 2010159073.684.42$11,715
Jul 20100072.554.74$0
Jun 2010157070.364.91$11,047
May 2010198071.124.24$14,082
Apr 20100081.694.12$0
Mar 2010203078.394.39$15,913
Feb 2010200073.585.44$14,716
Jan 2010199074.365.96$14,798
Dec 2009199071.445.48$14,217
Nov 2009196074.593.75$14,620
Oct 2009197072.544.11$14,290
Sep 20090065.543.06$0
Aug 2009301067.423.22$20,293
Jul 2009175061.133.46$10,698
Jun 2009159066.163.90$10,519
May 2009177054.743.93$9,689
Apr 2009384046.773.59$17,960
Mar 2009165042.144.06$6,953
Feb 2009184032.814.63$6,037
Jan 2009183035.865.37$6,562
Dec 2008185037.105.98$6,864
Nov 2008190055.496.86$10,543
Oct 2008165075.246.92$12,415
Sep 20085680101.767.88$57,800
Aug 200810114.228.48$114
Jul 200800131.0811.39$0
Jun 20081850131.3313.03$24,296
May 20081920123.1711.57$23,649
Apr 20081910110.3110.45$21,069
Mar 20081910101.909.66$19,463
Feb 2008191092.538.77$17,673
Jan 2008192090.388.21$17,353
Dec 2007394088.337.30$34,802
Nov 2007194091.677.29$17,784
Oct 2007191082.856.92$15,824
Sep 2007196075.846.24$14,865
Aug 2007194069.066.39$13,398
Jul 2007369070.906.39$26,162
Jun 20070062.007.55$0
May 2007381058.747.85$22,380
Apr 200719385059.617.81$18,139
Mar 200719376356.927.30$16,557
Feb 200719862555.108.22$16,045
Jan 200718863550.306.73$13,728
Dec 200619034756.656.92$13,164
Nov 200618778254.207.62$16,092
Oct 2006088154.906.01$5,298
Sep 200637277060.085.04$26,228
Aug 20061881,04068.717.34$20,551
Jul 200611,00769.376.34$6,457
Jun 200618682366.286.38$17,582
May 200618881266.016.42$17,627
Apr 200619477564.397.36$18,196
Mar 200618868456.707.08$15,504
Feb 200620166957.597.75$16,761
Jan 200619972860.598.93$18,561
Dec 200519577954.9413.42$21,164
Nov 200519583254.6910.59$19,474
Oct 200520282858.3413.80$23,208
Sep 200519068561.4512.08$19,950
Aug 2005379161.519.80$7,934
Jul 200519578755.697.84$17,032
Jun 200519590652.337.38$16,892
May 200519884245.226.65$14,554
Apr 20051971,19849.207.36$18,510
Mar 200519994750.377.15$16,799
Feb 200519963845.226.31$13,026
Jan 200520176343.166.32$13,499
Dec 200419986839.866.75$13,792
Nov 200419994145.286.33$14,968
Oct 200419196449.706.52$15,773
Sep 200419369843.245.28$12,033
Aug 200417792342.375.55$12,623
Jul 20041781,02638.286.08$13,056
Jun 200418487436.106.43$12,265
May 200418284437.486.49$12,303
Apr 200418379234.475.86$10,948
Mar 200417982834.365.53$10,729
Feb 200418376432.455.51$10,148
Jan 200418283932.036.30$11,115
Dec 200318289230.266.30$11,128
Nov 200318180328.804.60$8,903
Oct 200318478028.174.76$8,896
Sep 200318174126.314.75$8,281
Aug 200317882729.765.13$9,540
Jul 200317784829.415.17$9,590
Jun 200317764828.565.98$8,932
May 200318289026.595.97$10,155
Apr 200318489626.675.41$9,752
Mar 200335789431.146.10$16,567
Feb 200318581933.487.93$12,685
Jan 200318287630.315.58$10,406
Dec 200218892626.914.85$9,554
Nov 200217987124.664.14$8,017
Oct 200218477726.464.23$8,155
Sep 200217981327.443.64$7,867
Aug 200218382625.963.16$7,364
Jul 200218685124.583.06$7,177
Jun 200217877223.733.34$6,801
May 200218382024.663.58$7,452
Apr 200218080223.653.51$7,074
Mar 200218265722.003.10$6,042
Feb 200235480218.222.38$8,355
Jan 20021841,00417.172.38$5,544
Dec 200118894016.932.36$5,405
Nov 200118287718.072.41$5,398
Oct 200118268919.782.53$5,342
Sep 200118085524.262.25$6,292
Aug 200114586224.873.05$6,238
Jul 200118189623.933.20$7,196
Jun 200117979924.563.82$7,452
May 200117682225.524.31$8,032
Apr 200135886124.685.34$13,429
Mar 200118782324.545.38$9,014
Feb 200118387127.755.77$10,101
Jan 200118472227.478.40$11,118
Dec 200018595326.889.12$13,667
Nov 20001701,05932.215.66$11,468
Oct 200018282031.235.15$9,903
Sep 200018075531.875.19$9,652
Aug 200034792129.644.54$14,467
Jul 200018099428.534.09$9,201
Jun 200017995729.304.40$9,453
May 200017999327.263.68$8,534
Apr 200018296624.513.12$7,471
Mar 20001781,00828.422.86$7,941
Feb 200017497227.622.73$7,456
Jan 20003351,09425.272.48$11,179
Dec 19991831,15624.282.42$7,245
Nov 19991821,08623.192.43$6,864
Oct 19991831,00420.982.80$6,654
Sep 199918295621.752.62$6,462
Aug 19991811,01519.262.88$6,405
Jul 19991801,15417.892.37$5,958
Jun 19991811,09015.942.36$5,460
May 19991781,12015.792.32$5,410
Apr 19993601,20215.102.21$8,090
Mar 19991851,29512.471.84$4,688
Feb 19991761,2189.981.82$3,971
Jan 19991771,34010.381.90$4,383
Dec 19981841,4439.201.77$4,252
Nov 19981831,29810.892.19$4,830
Oct 19981641,24612.421.97$4,491
Sep 19983481,37512.592.08$7,245
Aug 19981771,40511.301.91$4,680
Jul 19981901,41011.742.24$5,385
Jun 19981811,38411.242.24$5,131
May 19981731,43512.622.21$5,349
Apr 19981851,37713.042.51$5,862
Mar 19981831,46812.802.31$5,733
Feb 19983351,36113.952.30$7,802
Jan 19981901,65814.702.15$6,366
Dec 19971871,67216.322.41$7,083
Nov 19971881,65018.193.09$8,515
Oct 19971681,63019.253.15$8,368
Sep 19973501,68717.742.95$11,194
Aug 19971831,74917.862.55$7,737
Jul 19971781,85317.582.25$7,293
Jun 19971721,66217.242.26$6,717
May 19971811,80418.972.31$7,598
Apr 19973421,87617.882.08$10,022
Mar 19971731,92818.951.94$7,017
Feb 19971821,73520.492.21$7,556
Jan 19971721,99423.483.54$11,097
Dec 19963392,03923.32$7,905
Nov 19961792,05721.97$3,933
Oct 19963502,17723.31$8,159
Sep 19961882,11522.22$4,177
Aug 19961862,00520.26$3,768
Jul 19961752,03219.55$3,421
Jun 19961912,06818.73$3,577
May 19963502,24819.43$6,801
Apr 19961842,11521.51$3,958
Mar 19961802,28419.38$3,488
Feb 19963472,19816.98$5,892
Jan 19961832,35717.07$3,124
Dec 19953652,50517.19$6,274
Nov 19951782,45416.00$2,848
Oct 19951792,56515.43$2,762
Sep 19953534,23616.18$5,712
Aug 19951812,67615.92$2,882
Jul 19951762,70515.24$2,682
Jun 19953382,60716.41$5,547
May 19951782,54817.56$3,126
Apr 19953452,54717.73$6,117
Mar 19951742,61216.44$2,861
Feb 19953622,32616.58$6,002
Jan 19951762,66015.92$2,802
Dec 19943562,74115.03$5,351
Nov 19941752,84515.90$2,783
Oct 19941692,10615.58$2,633
Sep 19943542,87815.29$5,413
Aug 19941712,50616.13$2,758
Jul 19943403,14117.56$5,970
Jun 19941713,11717.09$2,922
May 19943362,93515.88$5,336
Apr 19941702,99414.14$2,404
Mar 19943563,11412.46$4,436
Feb 19941632,85312.50$2,038
Jan 19943572,95912.66$4,520
Dec 19933552,59212.33$4,377
Nov 19931761,44514.49$2,550
Oct 199336785015.85$5,817
Sep 199316175615.03$2,420
Aug 199317383615.66$2,709
Jul 199317192215.46$2,644
Jun 19933441,03816.79$5,776
May 199317674117.68$3,112
Apr 199319587318.05$3,520
Mar 199318891618.14$3,410
Feb 199318387017.90$3,276
Jan 199337696516.93$6,366

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.

Apr 2026 — as filed, then multipliedworked
Oil                  165 bbl  × $ 98.93 =    $16,323
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $16,323

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/O/11540 is the state's own key, not one this site invented.