BAZOOKA 3

Operated by GREAT AMERICAN RESOURCES INC. (P-5 328354) in the MCELROY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46862District 08Field 59337001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.4 M
Mar 2015 – May 2026
Value, last 12 filed months
$180 k
at the published price for each month
Months reported
135
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 114 leases and 4,417 wells, and the rule below applies to all of them.

Discovered
1941-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 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: WAS STATED AS THE GRAYBURG SAN ANDRES DOLOMITE AT 3000FT.

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
OilDisposition99,993 bbl$5,114,122
Casinghead gasProduction89,120 Mcf$266,185
Total$5,380,307

Every month this lease reported (135)

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

135 months

May 2026164511106.413.05$19,008
Apr 202616231498.932.87$16,928
Mar 202633933889.753.15$31,490
Feb 2026036763.503.75$1,376
Jan 202616438359.138.00$12,761
Dec 202516173856.664.41$12,379
Nov 202517074658.593.93$12,889
Oct 202517070459.383.30$12,421
Sep 202532976862.743.08$23,005
Aug 202530388763.933.01$22,045
Jul 202501,18666.743.32$3,932
Jun 20251728466.483.13$11,697
May 20253438460.553.23$21,040
Apr 20251648462.363.54$10,525
Mar 20251648467.704.27$11,461
Feb 20253558470.884.34$25,527
Jan 20251688474.324.28$12,845
Dec 2024168068.993.12$11,590
Nov 2024165069.052.20$11,393
Oct 2024170071.372.28$12,133
Sep 2024167069.612.36$11,625
Aug 2024177075.632.06$13,387
Jul 2024329079.932.15$26,297
Jun 20240078.082.63$0
May 2024163078.812.20$12,846
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023168071.262.61$11,972
Nov 20230077.892.81$0
Oct 2023351085.443.09$29,989
Sep 2023361089.042.74$32,143
Aug 2023669080.522.67$53,868
Jul 2023163074.852.64$12,201
Jun 2023487068.962.26$33,584
May 2023513070.622.23$36,228
Apr 2023524078.122.24$40,935
Mar 2023716072.852.39$52,161
Feb 2023344075.112.47$25,838
Jan 2023370076.533.39$28,316
Dec 2022367076.415.73$28,042
Nov 202236127385.005.65$32,226
Oct 2022526087.185.86$45,857
Sep 2022347084.888.16$29,453
Aug 2022347094.529.13$32,798
Jul 20225240101.587.54$53,228
Jun 202235313115.097.98$40,730
May 202232812109.378.43$35,975
Apr 20223480104.226.84$36,269
Mar 20221618108.885.08$17,570
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210477.435.24$21
Oct 20211641579.795.71$13,171
Sep 20211628169.865.35$11,751
Aug 20211738766.024.22$11,789
Jul 202133817270.783.98$24,609
Jun 202131724069.493.38$22,840
May 202132811963.483.02$21,181
Apr 20211882860.362.76$11,425
Mar 20211631861.302.72$10,041
Feb 202116610657.805.55$10,183
Jan 202153548350.412.81$28,327
Dec 20207981,04044.642.68$38,405
Nov 202035143038.772.71$14,772
Oct 202054415536.972.48$20,496
Sep 2020524637.091.99$19,447
Aug 2020509439.982.39$20,359
Jul 2020499138.371.83$19,148
Jun 2020184034.901.69$6,422
May 20200016.921.81$0
Apr 20205388414.751.80$8,087
Mar 20205495430.341.86$16,757
Feb 202035414849.881.98$17,951
Jan 20205161,26357.252.09$32,187
Dec 201951116059.012.30$30,523
Nov 201968071355.302.75$39,565
Oct 201984968853.472.42$47,060
Sep 201934243455.052.66$19,980
Aug 201951243753.112.30$28,199
Jul 201951126156.272.46$29,396
Jun 201967636752.782.49$36,594
May 201933875958.482.74$21,846
Apr 201950923262.632.75$32,517
Mar 201951967256.803.06$31,537
Feb 201952466250.852.79$28,494
Jan 201948974646.033.23$24,917
Dec 201870051446.594.19$34,764
Nov 201887378452.934.24$49,530
Oct 201887191561.443.40$56,623
Sep 20181,03698359.543.11$64,739
Aug 20181,0341,16059.403.07$64,977
Jul 20181,0131,05665.142.93$69,083
Jun 20188601,17860.183.08$55,379
May 20181,0371,45065.382.90$72,005
Apr 20188671,40163.842.90$59,413
Mar 20181,1981,48861.222.79$77,488
Feb 201852366861.782.77$34,159
Jan 201869574862.874.01$46,694
Dec 201753352257.272.92$32,050
Nov 2017566055.423.12$31,368
Oct 20171,058149.292.98$52,152
Sep 201705,87747.523.09$18,144
Aug 20171,3748,78545.373.00$88,732
Jul 20171,5315,75943.873.09$84,945
Jun 20171,3765,75942.493.09$76,246
May 20171,3508,78945.373.26$89,932
Apr 20171,1962,74147.933.21$66,127
Mar 20171,04677746.772.98$51,240
Feb 20178701,28050.452.95$47,671
Jan 20171,2147649.413.42$60,244
Dec 201687016648.763.72$43,039
Nov 20161,20132042.492.64$51,877
Oct 20161,02426146.193.09$48,105
Sep 201652115341.553.10$22,122
Aug 201686212541.442.92$36,087
Jul 20161,37831441.622.92$58,271
Jun 20161,72139545.352.69$79,108
May 20161,5571,60342.521.99$69,395
Apr 20161,9221,71536.561.99$73,683
Mar 20161,9201,57433.011.79$66,203
Feb 20162,4521,66126.472.06$68,332
Jan 20161,89599227.352.36$54,174
Dec 20152,32291932.362.00$76,979
Nov 20151,8681,01238.792.17$74,653
Oct 20152,77660743.552.43$122,368
Sep 20153,4221,76742.992.76$151,986
Aug 20154,0281,17240.162.87$165,131
Jul 20152,23326048.152.95$108,285
Jun 20152,56218856.152.88$144,398
May 20154,13448855.212.96$229,680
Apr 20154,8871,11949.822.71$246,499
Mar 20154,2621,17742.892.93$186,251

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                  164 bbl  × $106.41 =    $17,451
Casinghead gas       511 Mcf  × $  3.05 =     $1,556

────────────────────────────────────────────────────
Month total                                  $19,008

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/46862 is the state's own key, not one this site invented.