GULF "L"

Operated by FOSSIL ENERGY, INC. (P-5 278847) in the MARION COUNTY (SHALLOW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5404District 06Field 57534500OilCasinghead gasSaveExport
Value, all time
$909 k
Jan 1993 – May 2026
Value, last 12 filed months
$32 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 161 leases and 458 wells, and the rule below applies to all of them.

Discovered
1939-06-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 2001-09-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2001.

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
OilDisposition16,362 bbl$909,461
Casinghead gasProduction18 Mcf$0
Total$909,461

18 Mcf of this lease's gas, across 18 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 (12)

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 32.7463, -94.0540. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.74500, -94.05338 · 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
8.3%
1 of 12 wells
With a plug date
8.3%
1 of 12 wells
Median depth
2,485 ft
12 wells filed one
Completion to plug
21.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
18.3%
A plug date is filed
18.3%
BothOn the schedule and plugged. Neither fact cancels the other.
18.3%
NeitherNo plug date, and not on the schedule.
1191.7%

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

Total depth in feet, 12 of 12 wells. Median 2,485 ft, with the middle half between 2,444 and 2,578 ft; the shallowest is 2,375 ft and the deepest 2,616 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 12 of 12 wells, Jul 1969 – May 1986. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1969 – May 1986
12 of 12 wells
Plug dates filed
Jan 2008
1 of 12 wells; 11 filed none

Last completion to plug: a median of 21.7 years across the 1 well that filed both dates, with the middle half between 21.7 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-3153002712,576 ftMay 1986Jan 2008Yes
42-31530225122,400 ftMar 1972
42-31530196112,460 ftJul 1971
42-3153009152,415 ftApr 1970
42-3153009062,515 ftMar 1970
42-3153003332,616 ftNov 1969
42-3153003442,596 ftNov 1969
42-3153003222,585 ftOct 1969
42-3153001772,504 ftJul 1969
42-3153002092,466 ftJul 1969
42-31530026102,375 ftJul 1969
42-3153002282,454 ftJul 1969

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 20261030106.413.05$10,960
Apr 20260098.932.87$0
Mar 202639089.753.15$3,500
Feb 202686063.503.75$5,461
Jan 2026134059.138.00$7,923
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 202517066.743.32$1,135
Jun 202543066.483.13$2,859
May 202530060.553.23$1,817
Apr 202534062.363.54$2,120
Mar 202536067.704.27$2,437
Feb 202579070.884.34$5,600
Jan 20250074.324.28$0
Dec 202438068.993.12$2,622
Nov 202439069.052.20$2,693
Oct 2024100071.372.28$7,137
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202467078.082.63$5,231
May 20240078.812.20$0
Apr 202438084.451.66$3,209
Mar 202430080.301.55$2,409
Feb 202459076.091.78$4,489
Jan 20240073.023.30$0
Dec 202359071.262.61$4,204
Nov 202329077.892.81$2,259
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202336080.522.67$2,899
Jul 202334074.852.64$2,545
Jun 202343068.962.26$2,965
May 202326070.622.23$1,836
Apr 202345078.122.24$3,515
Mar 202348072.852.39$3,497
Feb 202354075.112.47$4,056
Jan 202350076.533.39$3,827
Dec 202290076.415.73$6,877
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 202240084.888.16$3,395
Aug 202247094.529.13$4,442
Jul 2022380101.587.54$3,860
Jun 2022580115.097.98$6,675
May 2022360109.378.43$3,937
Apr 2022530104.226.84$5,524
Mar 2022490108.885.08$5,335
Feb 202251091.054.86$4,644
Jan 202261081.844.54$4,992
Dec 2021115071.323.90$8,202
Nov 202197077.435.24$7,511
Oct 202193079.795.71$7,420
Sep 202194069.865.35$6,567
Aug 20210066.024.22$0
Jul 202133070.783.98$2,336
Jun 20210069.493.38$0
May 202133063.483.02$2,095
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202032038.772.71$1,241
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202070034.901.69$2,443
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202034030.341.86$1,032
Feb 202035049.881.98$1,746
Jan 202049057.252.09$2,805
Dec 201934059.012.30$2,006
Nov 201981055.302.75$4,479
Oct 20190053.472.42$0
Sep 201943055.052.66$2,367
Aug 201949053.112.30$2,602
Jul 201925056.272.46$1,407
Jun 201963052.782.49$3,325
May 20190058.482.74$0
Apr 201935062.632.75$2,192
Mar 201981056.803.06$4,601
Feb 20190050.852.79$0
Jan 201941046.033.23$1,887
Dec 201839046.594.19$1,817
Nov 201835052.934.24$1,853
Oct 201833061.443.40$2,028
Sep 201828059.543.11$1,667
Aug 201835059.403.07$2,079
Jul 201842065.142.93$2,736
Jun 201837060.183.08$2,227
May 201840065.382.90$2,615
Apr 201851063.842.90$3,256
Mar 201836061.222.79$2,204
Feb 201845061.782.77$2,780
Jan 201831062.874.01$1,949
Dec 201744057.272.92$2,520
Nov 201737055.423.12$2,051
Oct 201738049.292.98$1,873
Sep 201748047.523.09$2,281
Aug 201747045.373.00$2,132
Jul 201761043.873.09$2,676
Jun 201727042.493.09$1,147
May 201747045.373.26$2,132
Apr 201724047.933.21$1,150
Mar 201737046.772.98$1,730
Feb 201739050.452.95$1,968
Jan 201747049.413.42$2,322
Dec 201649048.763.72$2,389
Nov 201654042.492.64$2,294
Oct 201643046.193.09$1,986
Sep 201653041.553.10$2,202
Aug 201629041.442.92$1,202
Jul 201625041.622.92$1,041
Jun 201647045.352.69$2,131
May 201642042.521.99$1,786
Apr 201660036.561.99$2,194
Mar 201644033.011.79$1,452
Feb 201636026.472.06$953
Jan 201654027.352.36$1,477
Dec 201585032.362.00$2,751
Nov 20150038.792.17$0
Oct 201578043.552.43$3,397
Sep 201535042.992.76$1,505
Aug 201539040.162.87$1,566
Jul 201561048.152.95$2,937
Jun 201580056.152.88$4,492
May 201556055.212.96$3,092
Apr 201559049.822.71$2,939
Mar 201572042.892.93$3,088
Feb 201585044.662.98$3,796
Jan 201563043.433.10$2,736
Dec 201469054.693.59$3,774
Nov 201482070.464.25$5,778
Oct 201458078.303.90$4,541
Sep 201449086.164.05$4,222
Aug 201456089.394.04$5,006
Jul 201481096.564.18$7,821
Jun 201462098.164.74$6,086
May 201474094.734.73$7,010
Apr 201474095.944.81$7,100
Mar 201483095.895.06$7,959
Feb 201464097.406.19$6,234
Jan 201457090.404.86$5,153
Dec 2013132091.824.35$12,120
Nov 20130088.853.74$0
Oct 201387097.423.78$8,476
Sep 2013580104.113.72$6,038
Aug 20131190104.253.52$12,406
Jul 2013720102.523.72$7,381
Jun 201395094.403.93$8,968
May 2013121094.834.15$11,474
Apr 2013122093.964.28$11,463
Mar 2013154093.623.91$14,417
Feb 2013171091.233.42$15,600
Jan 201352091.603.42$4,763
Dec 201252086.773.42$4,512
Nov 201255086.953.62$4,782
Oct 201280089.383.40$7,150
Sep 20120094.672.92$0
Aug 201251092.662.91$4,726
Jul 201272085.133.02$6,129
Jun 20120079.822.52$0
May 201247091.612.49$4,306
Apr 2012470101.652.00$4,778
Mar 2012510105.052.22$5,358
Feb 2012830101.102.57$8,391
Jan 20120098.092.73$0
Dec 201199096.873.24$9,590
Nov 20110095.723.31$0
Oct 201139084.983.65$3,314
Sep 201146083.623.99$3,847
Aug 201151083.404.15$4,253
Jul 201182094.144.52$7,719
Jun 20110092.904.64$0
May 201150098.134.40$4,907
Apr 2011510105.964.33$5,404
Mar 201144096.364.06$4,240
Feb 201148085.644.18$4,111
Jan 201152086.504.59$4,498
Dec 201078085.734.35$6,687
Nov 20100080.843.80$0
Oct 201052078.103.51$4,061
Sep 201054072.633.98$3,922
Aug 201058073.684.42$4,273
Jul 201053072.554.74$3,845
Jun 201064070.364.91$4,503
May 201066071.124.24$4,694
Apr 201056081.694.12$4,575
Mar 201060078.394.39$4,703
Feb 2010104073.585.44$7,652
Jan 20100074.365.96$0
Dec 200959071.445.48$4,215
Nov 200958074.593.75$4,326
Oct 200976072.544.11$5,513
Sep 200973065.543.06$4,784
Aug 200976067.423.22$5,124
Jul 2009119061.133.46$7,274
Jun 2009171066.163.90$11,313
May 2009325054.743.93$17,791
Apr 2009138046.773.59$6,454
Mar 2009203042.144.06$8,554
Feb 20090032.814.63$0
Jan 200943035.865.37$1,542
Dec 20080037.105.98$0
Nov 200842055.496.86$2,331
Oct 20080075.246.92$0
Sep 2008440101.767.88$4,477
Aug 200800114.228.48$0
Jul 2008610131.0811.39$7,996
Jun 200800131.3313.03$0
May 2008670123.1711.57$8,252
Apr 200800110.3110.45$0
Mar 20081010101.909.66$10,292
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 200782088.337.30$7,243
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200745075.846.24$3,413
Aug 20070069.066.39$0
Jul 200753070.906.39$3,758
Jun 20070062.007.55$0
May 200758058.747.85$3,407
Apr 20070059.617.81$0
Mar 200723056.927.30$1,309
Feb 200724055.108.22$1,322
Jan 200755050.306.73$2,767
Dec 20060056.656.92$0
Nov 200647054.207.62$2,547
Oct 20060054.906.01$0
Sep 200659060.085.04$3,545
Aug 20060068.717.34$0
Jul 200651069.376.34$3,538
Jun 20060066.286.38$0
May 200650066.016.42$3,301
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 200230027.443.64$823
Aug 200226025.963.16$675
Jul 200284024.583.06$2,065
Jun 20020023.733.34$0
May 200238024.663.58$937
Apr 200227023.653.51$639
Mar 200243022.003.10$946
Feb 200245018.222.38$820
Jan 200270017.172.38$1,202
Dec 20010016.932.36$0
Nov 200149018.072.41$885
Oct 200167019.782.53$1,325
Sep 200166024.262.25$1,601
Aug 20010024.873.05$0
Jul 200133023.933.20$790
Jun 200141024.563.82$1,007
May 200149025.524.31$1,250
Apr 200171024.685.34$1,752
Mar 200167024.545.38$1,644
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 200037026.889.12$995
Nov 200052032.215.66$1,675
Oct 200070031.235.15$2,186
Sep 20000031.875.19$0
Aug 200049029.644.54$1,452
Jul 200084028.534.09$2,397
Jun 200052029.304.40$1,524
May 200035027.263.68$954
Apr 20000024.513.12$0
Mar 2000131028.422.86$3,723
Feb 200081027.622.73$2,237
Jan 200080025.272.48$2,022
Dec 199980024.282.42$1,942
Nov 199930023.192.43$696
Oct 199979020.982.80$1,657
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 199814012.622.21$177
Apr 199818013.042.51$235
Mar 199850012.802.31$640
Feb 19980013.952.30$0
Jan 1998109014.702.15$1,602
Dec 19970016.322.41$0
Nov 1997109018.193.09$1,983
Oct 199758019.253.15$1,117
Sep 199759017.742.95$1,047
Aug 199771017.862.55$1,268
Jul 19970017.582.25$0
Jun 1997127017.242.26$2,189
May 199740018.972.31$759
Apr 199785017.882.08$1,520
Mar 19970018.951.94$0
Feb 1997121020.492.21$2,479
Jan 199780023.483.54$1,878
Dec 19960023.32$0
Nov 199666021.97$1,450
Oct 1996104023.31$2,424
Sep 199688022.22$1,955
Aug 19960020.26$0
Jul 1996128019.55$2,502
Jun 199688018.73$1,648
May 19960019.43$0
Apr 1996139021.51$2,990
Mar 1996126019.38$2,442
Feb 19960016.98$0
Jan 199680017.07$1,366
Dec 19950017.19$0
Nov 199594016.00$1,504
Oct 1995156015.43$2,407
Sep 1995130016.18$2,103
Aug 1995146015.92$2,324
Jul 199569015.24$1,052
Jun 199548016.41$788
May 1995128017.56$2,248
Apr 19950017.73$0
Mar 199586016.44$1,414
Feb 19950016.58$0
Jan 19950015.92$0
Dec 199459015.03$887
Nov 19940015.90$0
Oct 199476015.58$1,184
Sep 19940015.29$0
Aug 199460116.13$968
Jul 19940117.56$0
Jun 19940117.09$0
May 19940015.88$0
Apr 199464114.14$905
Mar 199437112.46$461
Feb 19940112.50$0
Jan 199452112.66$658
Dec 199363112.33$777
Nov 1993123114.49$1,782
Oct 19930115.85$0
Sep 1993102115.03$1,533
Aug 19930115.66$0
Jul 1993141115.46$2,180
Jun 19930116.79$0
May 199389117.68$1,574
Apr 199320118.05$361
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930016.93$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.

May 2026 — as filed, then multipliedworked
Oil                  103 bbl  × $106.41 =    $10,960
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $10,960

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/5404 is the state's own key, not one this site invented.