FOSTER 6

Operated by BASIN OIL & GAS OPERATING, LLC (P-5 54430) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46053District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.1 M
Oct 2014 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
140
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition37,503 bbl$2,128,802
Casinghead gasProduction4,261 Mcf$12,398
Total$2,141,201

Every month this lease reported (140)

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

140 months

May 20261780106.413.05$18,941
Apr 20260098.932.87$0
Mar 2026170089.753.15$15,258
Feb 2026339063.503.75$21,527
Jan 20260059.138.00$0
Dec 2025164056.664.41$9,292
Nov 2025168058.593.93$9,843
Oct 2025169059.383.30$10,035
Sep 2025256062.743.08$16,061
Aug 2025173063.933.01$11,060
Jul 2025188066.743.32$12,547
Jun 20250066.483.13$0
May 2025339060.553.23$20,526
Apr 2025176062.363.54$10,975
Mar 2025169067.704.27$11,441
Feb 2025189070.884.34$13,396
Jan 2025168074.324.28$12,486
Dec 2024169068.993.12$11,659
Nov 2024164069.052.20$11,324
Oct 2024162071.372.28$11,562
Sep 2024173069.612.36$12,043
Aug 2024172075.632.06$13,008
Jul 2024163079.932.15$13,029
Jun 2024172078.082.63$13,430
May 2024187078.812.20$14,737
Apr 2024371084.451.66$31,331
Mar 2024189080.301.55$15,177
Feb 2024193076.091.78$14,685
Jan 2024191073.023.30$13,947
Dec 2023184071.262.61$13,112
Nov 2023179077.892.81$13,942
Oct 2023178085.443.09$15,208
Sep 2023341089.042.74$30,363
Aug 2023320080.522.67$25,766
Jul 2023153074.852.64$11,452
Jun 2023154068.962.26$10,620
May 2023176070.622.23$12,429
Apr 2023303078.122.24$23,670
Mar 2023173072.852.39$12,603
Feb 2023172075.112.47$12,919
Jan 2023342076.533.39$26,173
Dec 2022160076.415.73$12,226
Nov 2022328085.005.65$27,880
Oct 2022158087.185.86$13,774
Sep 2022301084.888.16$25,549
Aug 2022347094.529.13$32,798
Jul 20223350101.587.54$34,029
Jun 20223620115.097.98$41,663
May 20226610109.378.43$72,294
Apr 20221690104.226.84$17,613
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021173079.795.71$13,804
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021171060.362.76$10,322
Mar 2021162061.302.72$9,931
Feb 2021321057.805.55$18,554
Jan 2021629050.412.81$31,708
Dec 20200044.642.68$0
Nov 2020171038.772.71$6,630
Oct 2020318036.972.48$11,756
Sep 2020320037.091.99$11,869
Aug 2020320039.982.39$12,794
Jul 2020169038.371.83$6,485
Jun 20200034.901.69$0
May 2020304016.921.81$5,144
Apr 2020468014.751.80$6,903
Mar 202005330.341.86$98
Feb 20203081049.881.98$15,383
Jan 2020473957.252.09$27,098
Dec 2019164559.012.30$9,689
Nov 2019317055.302.75$17,530
Oct 2019325053.472.42$17,378
Sep 2019157055.052.66$8,643
Aug 2019322253.112.30$17,106
Jul 2019327056.272.46$18,400
Jun 20191614052.782.49$8,597
May 20191545558.482.74$9,157
Apr 20193173062.632.75$19,936
Mar 20193416356.803.06$19,562
Feb 20191652750.852.79$8,466
Jan 20193194446.033.23$14,826
Dec 20183284146.594.19$15,453
Nov 20181705852.934.24$9,244
Oct 20183315361.443.40$20,517
Sep 20183305159.543.11$19,807
Aug 20183271359.403.07$19,464
Jul 201833913565.142.93$22,478
Jun 201816224260.183.08$10,494
May 20183172665.382.90$20,801
Apr 20183162963.842.90$20,258
Mar 20183341261.222.79$20,481
Feb 20183541161.782.77$21,901
Jan 20183381062.874.01$21,290
Dec 20171671457.272.92$9,605
Nov 20173263355.423.12$18,170
Oct 20173225549.292.98$16,035
Sep 201733315147.523.09$16,290
Aug 20171617545.373.00$7,530
Jul 20173308543.873.09$14,740
Jun 20174977442.493.09$21,346
May 201733424945.373.26$15,966
Apr 201716941047.933.21$9,417
Mar 201750126146.772.98$24,211
Feb 201733510450.452.95$17,208
Jan 201734515549.413.42$17,576
Dec 201632813648.763.72$16,500
Nov 201633013242.492.64$14,371
Oct 201649116546.193.09$23,189
Sep 201633417641.553.10$14,423
Aug 201648418741.442.92$20,604
Jul 20163324841.622.92$13,958
Jun 20164972845.352.69$22,614
May 20163253142.521.99$13,881
Apr 201667420836.561.99$25,056
Mar 201633529333.011.79$11,584
Feb 20165515026.472.06$14,688
Jan 201626212227.352.36$7,454
Dec 2015515032.362.00$16,665
Nov 2015502038.792.17$19,473
Oct 2015666043.552.43$29,004
Sep 2015327042.992.76$14,058
Aug 2015661040.162.87$26,546
Jul 2015498048.152.95$23,979
Jun 2015632056.152.88$35,487
May 2015671055.212.96$37,046
Apr 2015611049.822.71$30,440
Mar 20151,135042.892.93$48,680
Feb 2015852044.662.98$38,050
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$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                  178 bbl  × $106.41 =    $18,941
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,941

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/46053 is the state's own key, not one this site invented.