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LANDLUBBER N

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) in the ARMER (6350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50748District 08Field 03644852OilCasinghead gasSave
Value, all time
$20.2 M
Dec 2017 – May 2026
Value, last 12 filed months
$477 k
at the published price for each month
Months reported
102
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition305,141 bbl$17,013,388
Casinghead gasProduction1,007,052 Mcf$3,183,849
Total$20,197,236

Wells on this lease (5)

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 31.5603, -102.7189. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.56001, -102.71807 · 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
80.0%
4 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
6,626 ft
5 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
480.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
120.0%

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

Between 5,940 and 6,884 ft, median 6,626 ft, over the 5 wells that filed a depth.

Completions filed
Sep 2020 – Jan 2026
5 of 5 wells

5 wells

42-10336586106,624 ftJan 2026——
42-10336612135,940 ftAug 2025—Yes
42-10336587116,626 ftDec 2024—Yes
42-1033657276,884 ftJan 2023—Yes
42-10336638556,740 ftSep 2020—Yes

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 (102)

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

102 months

May 20266242,917106.413.05$75,285
Apr 20265091,99998.932.87$56,092
Mar 20264382,62689.753.15$47,581
Feb 20265842,61063.503.75$46,872
Jan 20264562,32759.138.00$45,574
Dec 20254242,73056.664.41$36,072
Nov 202525111358.593.93$15,150
Oct 202560938859.383.30$37,445
Sep 20258751,84462.743.08$60,571
Aug 20255472,73563.933.01$43,215
Jul 2025241,31066.743.32$5,945
Jun 2025361,41166.483.13$6,808
May 2025671,60360.553.23$9,238
Apr 20251591,99462.363.54$16,980
Mar 20254342,59167.704.27$40,441
Feb 20256622,98970.884.34$59,897
Jan 20257653,21174.324.28$70,594
Dec 20245382,63668.993.12$45,345
Nov 20247459269.052.20$6,411
Oct 20242061,86371.372.28$18,952
Sep 20242122,23269.612.36$20,035
Aug 20242612,09175.632.06$24,054
Jul 20243361,74179.932.15$30,594
Jun 20244813,22378.082.63$46,046
May 20245833,79478.812.20$54,287
Apr 20246184,06184.451.66$58,928
Mar 20242322,11780.301.55$21,901
Feb 20243022,23476.091.78$26,964
Jan 20244643,18773.023.30$44,391
Dec 20236103,51271.262.61$52,637
Nov 20235532,52977.892.81$50,173
Oct 20233301,33485.443.09$32,314
Sep 20231802,42389.042.74$22,654
Aug 20231352,51980.522.67$17,603
Jul 20232352,53274.852.64$24,279
Jun 20233572,71668.962.26$30,753
May 20232713,02370.622.23$25,871
Apr 20231522,37978.122.24$17,198
Mar 2023861,91172.852.39$10,838
Feb 20232372,19775.112.47$23,218
Jan 20232692,16976.533.39$27,935
Dec 20225825,49176.415.73$75,929
Nov 20225035,02285.005.65$71,110
Oct 20224093,54187.185.86$56,420
Sep 20223233,11584.888.16$52,846
Aug 20224966,10494.529.13$102,594
Jul 20226507,132101.587.54$119,817
Jun 20226736,602115.097.98$130,121
May 20229547,377109.378.43$166,550
Apr 20229155,760104.226.84$134,746
Mar 20226815,450108.885.08$101,814
Feb 20228777,01591.054.86$113,936
Jan 20229888,05581.844.54$117,409
Dec 20219647,70871.323.90$98,807
Nov 20219918,30077.435.24$120,199
Oct 20211,2128,27379.795.71$143,976
Sep 20211,2778,60969.865.35$135,277
Aug 20211,1469,34066.024.22$115,079
Jul 20212,12610,20670.783.98$191,119
Jun 20211,4118,56569.493.38$127,005
May 20211,7129,97163.483.02$138,767
Apr 20211,89010,87160.362.76$144,067
Mar 20212,19810,34161.302.72$162,833
Feb 20211,7919,09057.805.55$153,951
Jan 20212,30613,41550.412.81$153,945
Dec 20202,38211,94344.642.68$138,286
Nov 20203,38013,84138.772.71$168,504
Oct 20203,32213,06036.972.48$155,183
Sep 20202,7388,53037.091.99$118,536
Aug 20203,06213,27839.982.39$154,088
Jul 20202,47013,74038.371.83$119,851
Jun 20202,01213,98434.901.69$93,856
May 202047754016.921.81$9,051
Apr 20204,81327914.751.80$71,495
Mar 20205,69012,10630.341.86$195,106
Feb 20205,6278,96849.881.98$298,437
Jan 20206,31526,61357.252.09$417,281
Dec 20197,04628,35959.012.30$481,134
Nov 20199,95831,04355.302.75$636,067
Oct 201912,65538,18053.472.42$769,003
Sep 201914,24940,28555.052.66$891,456
Aug 201917,53146,09953.112.30$1,037,300
Jul 201915,95643,86556.272.46$1,005,755
Jun 201913,87445,15052.782.49$844,747
May 201912,33635,86358.482.74$819,685
Apr 201913,02929,26462.632.75$896,503
Mar 201915,44231,46756.803.06$973,461
Feb 201915,65527,05450.852.79$871,597
Jan 201917,14332,58746.033.23$894,289
Dec 20187,66721,30646.594.19$446,381
Nov 20189,12424,32852.934.24$586,017
Oct 201812,33735,88061.443.40$879,908
Sep 20183,80511,16759.543.11$261,257
Aug 20183,0955,31659.403.07$200,145
Jul 20182,1719,21365.142.93$168,430
Jun 20182,26412,84060.183.08$175,755
May 20183,84512,15365.382.90$286,640
Apr 20183,15511,47363.842.90$234,696
Mar 20184,32910,50661.222.79$294,300
Feb 20181,7744,34961.782.77$121,628
Jan 20182,1522,65762.874.01$145,949
Dec 20170057.272.92$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                  624 bbl  × $106.41 =    $66,400
Casinghead gas     2,917 Mcf  × $  3.05 =     $8,885

────────────────────────────────────────────────────
Month total                                  $75,285

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/50748 is the state's own key, not one this site invented.