BSM CANNON A-95

Operated by TALA ENERGY LLC (P-5 103522) 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.

Oil lease lease 16131District 06Field 12193500OilCasinghead gasSaveExport
Value, all time
$853 k
May 2025 – May 2026
Value, last 12 filed months
$787 k
at the published price for each month
Months reported
13
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 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
OilDisposition8,541 bbl$604,853
Casinghead gasProduction68,918 Mcf$248,627
Total$853,480

Every month this lease reported (13)

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

13 months

May 20268553,665106.413.05$102,144
Apr 20265285,14498.932.87$66,997
Mar 20266233,46089.753.15$66,811
Feb 20265013,69063.503.75$45,652
Jan 20265014,05059.138.00$62,016
Dec 20257024,40656.664.41$59,221
Nov 20255306,09758.593.93$54,992
Oct 20255526,18959.383.30$53,231
Sep 20258755,56062.743.08$72,005
Aug 20255267,10963.933.01$55,059
Jul 20259946,80166.743.32$88,886
Jun 20256465,33466.483.13$59,635
May 20257087,41360.553.23$66,831

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                  855 bbl  × $106.41 =    $90,981
Casinghead gas     3,665 Mcf  × $  3.05 =    $11,163

────────────────────────────────────────────────────
Month total                                 $102,144

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/16131 is the state's own key, not one this site invented.