LANDLUBBER N

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

Oil lease lease 58041District 08Field 80473682Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$5.1 M
Jul 2022 – May 2026
Value, last 12 filed months
$571 k
at the published price for each month
Months reported
47
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 177 leases and 1,443 wells, and the rule below applies to all of them.

Discovered
1930-12-31
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 10 acres. The field rule took effect on 2024-12-18.

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: PRORATION ACRES PLATS AT THEIR OPTION

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
OilDisposition54,992 bbl$4,260,406
Casinghead gasProduction228,721 Mcf$841,840
Total$5,102,246

Wells on this lease (3)

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 31.5605, -102.7181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.56049, -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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,626 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
3100.0%

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 3 wells that filed a depth.

Completions filed
Jan 2023 – Aug 2025
3 of 3 wells

3 wells

42-10336612135,940 ftAug 2025
42-10336587116,626 ftDec 2024
42-1033657276,884 ftJan 2023

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 (47)

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

47 months

May 20264493,596106.413.05$58,731
Apr 20263943,65598.932.87$49,467
Mar 20263303,25489.753.15$39,866
Feb 20265072,86163.503.75$42,924
Jan 20263933,38959.138.00$50,343
Dec 20254333,41856.664.41$39,619
Nov 20254703,85858.593.93$42,686
Oct 20256324,00359.383.30$50,757
Sep 20255593,43162.743.08$45,629
Aug 20255493,51063.933.01$45,679
Jul 20256214,12766.743.32$55,127
Jun 20255813,81066.483.13$50,545
May 20256654,00560.553.23$53,211
Apr 20256293,59462.363.54$51,958
Mar 20256383,70367.704.27$58,998
Feb 20256053,48770.884.34$58,019
Jan 20256943,98874.324.28$68,641
Dec 20248603,93368.993.12$71,608
Nov 20248334,14169.052.20$66,622
Oct 20245953,81271.372.28$51,162
Sep 20245953,70969.612.36$50,187
Aug 20249424,47275.632.06$80,472
Jul 20241,0654,82579.932.15$95,483
Jun 20248544,30278.082.63$78,012
May 20249924,65278.812.20$88,407
Apr 20249974,15884.451.66$91,096
Mar 20241,0334,78280.301.55$90,339
Feb 20249714,16976.091.78$81,319
Jan 20241,0324,56773.023.30$90,417
Dec 20231,4075,19371.262.61$113,820
Nov 20239395,07677.892.81$87,390
Oct 20231,3775,43885.443.09$134,440
Sep 20231,5105,65489.042.74$149,914
Aug 20231,3775,06780.522.67$124,420
Jul 20231,5625,53874.852.64$131,546
Jun 20231,2986,07268.962.26$103,224
May 20232,0535,98770.622.23$158,318
Apr 20232,4246,38978.122.24$203,660
Mar 20231,9355,57772.852.39$154,311
Feb 20232,9257,87975.112.47$239,124
Jan 20232,3025,85876.533.39$196,017
Dec 20222,6717,18776.415.73$245,266
Nov 20222,8257,27185.005.65$281,179
Oct 20223,70113,54487.185.86$402,072
Sep 20222,51712,02384.888.16$311,795
Aug 20221,4003,93394.529.13$168,225
Jul 20228511,824101.587.54$100,201

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                  449 bbl  × $106.41 =    $47,778
Casinghead gas     3,596 Mcf  × $  3.05 =    $10,953

────────────────────────────────────────────────────
Month total                                  $58,731

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/58041 is the state's own key, not one this site invented.