CROCKETT

Operated by LAGUNA TEXAS RESOURCES, LLC (P-5 104003) 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 53124District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$2.1 M
Jul 2019 – May 2026
Value, last 12 filed months
$542 k
at the published price for each month
Months reported
83
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
OilDisposition31,763 bbl$2,080,460
Casinghead gasProduction13,948 Mcf$43,710
Total$2,124,170

Every month this lease reported (83)

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

83 months

May 20268591,188106.413.05$95,025
Apr 202651362798.932.87$52,550
Mar 202634917589.753.15$31,874
Feb 202651928263.503.75$34,014
Jan 202649238159.138.00$32,139
Dec 202568728556.664.41$40,183
Nov 202551445958.593.93$31,918
Oct 202549623159.383.30$30,216
Sep 202570029762.743.08$44,832
Aug 202564442263.933.01$42,443
Jul 202568141466.743.32$46,822
Jun 202587939266.483.13$59,662
May 20251,04852560.553.23$65,153
Apr 20251,76677662.363.54$112,877
Mar 202553623867.704.27$37,303
Feb 20250470.884.34$17
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20244075.632.06$303
Jul 20241,12918279.932.15$90,632
Jun 202471228678.082.63$56,346
May 202451731878.812.20$41,444
Apr 2024021384.451.66$353
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202353416780.522.67$43,444
Jul 202305874.852.64$153
Jun 20230068.962.26$0
May 202370627770.622.23$50,475
Apr 202389840778.122.24$71,063
Mar 202305372.852.39$127
Feb 20230175.112.47$2
Jan 202306776.533.39$227
Dec 20220476.415.73$23
Nov 202271424685.005.65$62,079
Oct 202202087.185.86$117
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022050101.587.54$377
Jun 2022332135115.097.98$39,287
May 202200109.378.43$0
Apr 202235395104.226.84$37,439
Mar 20225100108.885.08$55,529
Feb 2022884091.054.86$80,488
Jan 2022663081.844.54$54,260
Dec 2021521071.323.90$37,158
Nov 2021527077.435.24$40,806
Oct 2021869079.795.71$69,338
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 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021162057.805.55$9,364
Jan 202167123950.412.81$34,497
Dec 202050325544.642.68$23,136
Nov 202065051038.772.71$26,581
Oct 202063949536.972.48$24,851
Sep 202081546737.091.99$31,158
Aug 202085439839.982.39$35,092
Jul 202073531838.371.83$28,782
Jun 202017118534.901.69$6,281
May 20200016.921.81$0
Apr 2020174014.751.80$2,567
Mar 2020525030.341.86$15,929
Feb 2020556049.881.98$27,733
Jan 202072318657.252.09$41,781
Dec 201989939259.012.30$53,953
Nov 201967737355.302.75$38,464
Oct 201988037353.472.42$47,956
Sep 20191,39848255.052.66$78,241
Aug 2019171053.112.30$9,082
Jul 20194056.272.46$225

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                  859 bbl  × $106.41 =    $91,406
Casinghead gas     1,188 Mcf  × $  3.05 =     $3,618

────────────────────────────────────────────────────
Month total                                  $95,025

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/53124 is the state's own key, not one this site invented.