ARMSTRONG

Operated by PARALLEL PETROLEUM LLC (P-5 639028) in the MEANS, N. (QUEEN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31403District 08Field 60139500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$47 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 19 leases and 112 wells, and the rule below applies to all of them.

Discovered
1955-12-22
as the register files it
Field class
Oil
the register's own label
Between wells
1,000 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPTIONAL 20 ACRE DIAG.1500

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
OilDisposition77,530 bbl$3,190,151
Casinghead gasProduction79,690 Mcf$99,368
Total$3,289,518

47,505 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.

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 20260098.932.87$0
Mar 2026177089.753.15$15,886
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025160056.664.41$9,066
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025169062.743.08$10,603
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025166066.483.13$11,036
May 20250060.553.23$0
Apr 2025165062.363.54$10,289
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025174074.324.28$12,932
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024179071.372.28$12,775
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024176079.932.15$14,068
Jun 20246078.082.63$468
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024172080.301.55$13,812
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023176071.262.61$12,542
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023180089.042.74$16,027
Aug 20230080.522.67$0
Jul 2023176074.852.64$13,174
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023171072.852.39$12,457
Feb 20230075.112.47$0
Jan 2023176076.533.39$13,469
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022167087.185.86$14,559
Sep 202231084.888.16$2,631
Aug 202214094.529.13$1,323
Jul 202200101.587.54$0
Jun 20221700115.097.98$19,565
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221570108.885.08$17,094
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021174071.323.90$12,410
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021194069.865.35$13,553
Aug 202118066.024.22$1,188
Jul 20210070.783.98$0
Jun 2021178069.493.38$12,369
May 20210063.483.02$0
Apr 2021172060.362.76$10,382
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021170050.412.81$8,570
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20208036.972.48$296
Sep 2020177037.091.99$6,565
Aug 20200039.982.39$0
Jul 2020191038.371.83$7,329
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020175014.751.80$2,581
Mar 2020188030.341.86$5,704
Feb 20208049.881.98$399
Jan 2020179057.252.09$10,248
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019167053.112.30$8,869
Jul 20190056.272.46$0
Jun 20195052.782.49$264
May 2019176058.482.74$10,292
Apr 20195062.632.75$313
Mar 2019163056.803.06$9,258
Feb 20191050.852.79$51
Jan 20197046.033.23$322
Dec 2018167046.594.19$7,781
Nov 20180052.934.24$0
Oct 2018168061.443.40$10,322
Sep 20184059.543.11$238
Aug 2018180059.403.07$10,692
Jul 20185065.142.93$326
Jun 20180060.183.08$0
May 2018174065.382.90$11,376
Apr 20180063.842.90$0
Mar 2018183061.222.79$11,203
Feb 20180061.782.77$0
Jan 2018171062.874.01$10,751
Dec 20172057.272.92$115
Nov 2017173055.423.12$9,588
Oct 20176049.292.98$296
Sep 2017177047.523.09$8,411
Aug 20170045.373.00$0
Jul 201711043.873.09$483
Jun 2017174042.493.09$7,393
May 2017354045.373.26$16,061
Apr 20175047.933.21$240
Mar 20171046.772.98$47
Feb 2017167050.452.95$8,425
Jan 2017172049.413.42$8,499
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016160045.352.69$7,256
May 20160042.521.99$0
Apr 2016170036.561.99$6,215
Mar 20160033.011.79$0
Feb 2016176026.472.06$4,659
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015161038.792.17$6,245
Oct 20150043.552.43$0
Sep 2015170042.992.76$7,308
Aug 2015171040.162.87$6,867
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 2015172049.822.71$8,569
Mar 20150042.892.93$0
Feb 2015177044.662.98$7,905
Jan 20151043.433.10$43
Dec 2014172054.693.59$9,407
Nov 20140070.464.25$0
Oct 2014168078.303.90$13,154
Sep 20140086.164.05$0
Aug 2014173089.394.04$15,464
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014171094.734.73$16,199
Apr 2014173095.944.81$16,598
Mar 20140095.895.06$0
Feb 2014173097.406.19$16,850
Jan 20145090.404.86$452
Dec 2013172091.824.35$15,793
Nov 2013169088.853.74$15,016
Oct 2013337097.423.78$32,831
Sep 20131810104.113.72$18,844
Aug 20131710104.253.52$17,827
Jul 20135250102.523.72$53,823
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013176093.623.91$16,477
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012178086.773.42$15,445
Nov 20120086.953.62$0
Oct 2012180089.383.40$16,088
Sep 20120094.672.92$0
Aug 2012176092.662.91$16,308
Jul 2012174085.133.02$14,813
Jun 2012173079.822.52$13,809
May 20120091.612.49$0
Apr 20121790101.652.00$18,195
Mar 20121770105.052.22$18,594
Feb 20121790101.102.57$18,097
Jan 2012163098.092.73$15,989
Dec 20110096.873.24$0
Nov 2011164095.723.31$15,698
Oct 2011175084.983.65$14,872
Sep 20110083.623.99$0
Aug 2011344083.404.15$28,690
Jul 2011172094.144.52$16,192
Jun 2011343092.904.64$31,865
May 20110098.134.40$0
Apr 20111790105.964.33$18,967
Mar 2011347096.364.06$33,437
Feb 20110085.644.18$0
Jan 2011346086.504.59$29,929
Dec 2010350085.734.35$30,006
Nov 2010174080.843.80$14,066
Oct 2010339078.103.51$26,476
Sep 2010351072.633.98$25,493
Aug 2010521073.684.42$38,387
Jul 2010317072.554.74$22,998
Jun 2010352070.364.91$24,767
May 2010173071.124.24$12,304
Apr 2010354081.694.12$28,918
Mar 2010350078.394.39$27,437
Feb 2010347073.585.44$25,532
Jan 2010521074.365.96$38,742
Dec 2009177071.445.48$12,645
Nov 2009525074.593.75$39,160
Oct 2009171072.544.11$12,404
Sep 2009353065.543.06$23,136
Aug 2009503067.423.22$33,912
Jul 2009152061.133.46$9,292
Jun 2009179066.163.90$11,843
May 2009170054.743.93$9,306
Apr 2009364046.773.59$17,024
Mar 2009533042.144.06$22,461
Feb 2009360032.814.63$11,812
Jan 2009528035.865.37$18,934
Dec 2008533037.105.98$19,774
Nov 2008349055.496.86$19,366
Oct 2008363075.246.92$27,312
Sep 200800101.767.88$0
Aug 20081770114.228.48$20,217
Jul 20083540131.0811.39$46,402
Jun 20081750131.3313.03$22,983
May 20083480123.1711.57$42,863
Apr 20083580110.3110.45$39,491
Mar 20083520101.909.66$35,869
Feb 2008357092.538.77$33,033
Jan 2008543090.388.21$49,076
Dec 2007348088.337.30$30,739
Nov 2007538091.677.29$49,318
Oct 2007178082.856.92$14,747
Sep 2007338075.846.24$25,634
Aug 20071734469.066.39$12,228
Jul 20073596470.906.39$25,862
Jun 20071786662.007.55$11,534
May 20071663158.747.85$9,994
Apr 20071784859.617.81$10,985
Mar 20071755656.927.30$10,370
Feb 20073333555.108.22$18,636
Jan 200704150.306.73$276
Dec 200605356.656.92$367
Nov 20060154.207.62$8
Oct 20061772654.906.01$9,874
Sep 2006161860.085.04$9,713
Aug 20060068.717.34$0
Jul 2006170069.376.34$11,793
Jun 2006177066.286.38$11,732
May 2006171066.016.42$11,288
Apr 2006170064.397.36$10,946
Mar 200601956.707.08$135
Feb 200617011357.597.75$10,666
Jan 200617316560.598.93$11,956
Dec 2005014354.9413.42$1,918
Nov 200516913254.6910.59$10,640
Oct 2005011558.3413.80$1,587
Sep 20051738561.4512.08$11,658
Aug 200529861.519.80$1,083
Jul 200517712555.697.84$10,838
Jun 200516618752.337.38$10,067
May 2005015445.226.65$1,024
Apr 20051667349.207.36$8,705
Mar 200507450.377.15$529
Feb 200517212045.226.31$8,535
Jan 200516816443.166.32$8,288
Dec 2004013939.866.75$938
Nov 200416417945.286.33$8,559
Oct 2004018849.706.52$1,225
Sep 200435215443.245.28$16,034
Aug 2004017442.375.55$966
Jul 2004015438.286.08$937
Jun 200417615436.106.43$7,344
May 200403237.486.49$208
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 2004177032.455.51$5,744
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003174026.314.75$4,578
Aug 20030229.765.13$10
Jul 200301929.415.17$98
Jun 200303328.565.98$197
May 200303626.595.97$215
Apr 20031783526.675.41$4,937
Mar 200304331.146.10$262
Feb 20031602333.487.93$5,539
Jan 200304830.315.58$268
Dec 20020126.914.85$5
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020825.963.16$25
Jul 20020424.583.06$12
Jun 20020023.733.34$0
May 200217945724.663.58$6,052
Apr 200216815223.653.51$4,507
Mar 200204822.003.10$149
Feb 200218222318.222.38$3,846
Jan 200218345917.172.38$4,233
Dec 200133234316.932.36$6,432
Nov 200117744518.072.41$4,269
Oct 200118451919.782.53$4,952
Sep 200136146224.262.25$9,798
Aug 200101424.873.05$43
Jul 2001173923.933.20$4,169
Jun 20011832024.563.82$4,571
May 2001183025.524.31$4,670
Apr 2001330024.685.34$8,144
Mar 20010224.545.38$11
Feb 2001180327.755.77$5,012
Jan 2001344627.478.40$9,500
Dec 2000182526.889.12$4,938
Nov 200002832.215.66$158
Oct 200017922931.235.15$6,768
Sep 200004931.875.19$254
Aug 200017828229.644.54$6,556
Jul 2000027928.534.09$1,141
Jun 200015222229.304.40$5,430
May 200017520927.263.68$5,540
Apr 200018024724.513.12$5,181
Mar 200017229028.422.86$5,718
Feb 200017932227.622.73$5,822
Jan 200018245925.272.48$5,738
Dec 199936856924.282.42$10,314
Nov 199918172223.192.43$5,955
Oct 199934966120.982.80$9,175
Sep 199917235821.752.62$4,679
Aug 199918157419.262.88$5,137
Jul 199936157017.892.37$7,811
Jun 199918165315.942.36$4,428
May 199936160915.792.32$7,114
Apr 199918233815.102.21$3,495
Mar 199918550712.471.84$3,239
Feb 19993654689.981.82$4,493
Jan 199937959710.381.90$5,068
Dec 19981805569.201.77$2,642
Nov 199818444710.892.19$2,981
Oct 199805312.421.97$104
Sep 199818145512.592.08$3,226
Aug 199836257611.301.91$5,189
Jul 199835369411.742.24$5,697
Jun 1998069211.242.24$1,548
May 199835821012.622.21$4,981
Apr 19981757113.042.51$2,460
Mar 199836573312.802.31$6,365
Feb 199836763213.952.30$6,573
Jan 199835078314.702.15$6,832
Dec 199736784816.322.41$8,034
Nov 199735079618.193.09$8,825
Oct 199735979519.253.15$9,415
Sep 19973631,00417.742.95$9,406
Aug 19973621,31917.862.55$9,835
Jul 19975071,06417.582.25$11,304
Jun 199702117.242.26$47
May 199718251918.972.31$4,651
Apr 19973641,02917.882.08$8,652
Mar 19975321,27118.951.94$12,546
Feb 19971861,03620.492.21$6,096
Jan 199718250623.483.54$6,064
Dec 199617138023.32$3,988
Nov 1996050821.97$0
Oct 199650894323.31$11,841
Sep 19963641,02422.22$8,088
Aug 19965241,06820.26$10,616
Jul 19965381,38019.55$10,518
Jun 19965361,21118.73$10,039
May 19966901,39119.43$13,407
Apr 19965381,40721.51$11,572
Mar 19965501,29819.38$10,659
Feb 19965501,35016.98$9,339
Jan 19967341,40417.07$12,529
Dec 19957291,52417.19$12,532
Nov 19957271,78816.00$11,632
Oct 19951,0902,37615.43$16,819
Sep 19958912,33716.18$14,416
Aug 19951,0802,57915.92$17,194
Jul 19951,2552,81515.24$19,126
Jun 19957302,34316.41$11,979
May 19951,0962,39517.56$19,246
Apr 19951,0983,04817.73$19,468
Mar 19951,4443,92416.44$23,739
Feb 19951,2883,08016.58$21,355
Jan 19951,7693,22115.92$28,162
Dec 19942,0002,68815.03$30,060
Nov 19941,262115.90$20,066
Oct 19941,252115.58$19,506
Sep 19941,090115.29$16,666
Aug 19941,257116.13$20,275
Jul 1994176117.56$3,091
Jun 1994148117.09$2,529
May 1994182115.88$2,890
Apr 19940114.14$0
Mar 1994176112.46$2,193
Feb 1994164112.50$2,050
Jan 19940112.66$0
Dec 1993160112.33$1,973
Nov 1993185114.49$2,681
Oct 1993160115.85$2,536
Sep 1993179115.03$2,690
Aug 1993347115.66$5,434
Jul 19930115.46$0
Jun 1993173116.79$2,905
May 1993175117.68$3,094
Apr 1993185118.05$3,339
Mar 19930118.14$0
Feb 1993183117.90$3,276
Jan 1993179116.93$3,030

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.

Mar 2026 — as filed, then multipliedworked
Oil                  177 bbl  × $ 89.75 =    $15,886
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,886

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. 08/O/31403 is the state's own key, not one this site invented.