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GRIFFIN EAST 39-51 B UNIT

Operated by HIGHPEAK ENERGY HOLDINGS, LLC (P-5 385826) 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 58361District 08Field 85280300OilCasinghead gasSave
Value, all time
$89.6 M
Sep 2022 – May 2026
Value, last 12 filed months
$11.1 M
at the published price for each month
Months reported
45
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
OilDisposition1,155,810 bbl$86,020,623
Casinghead gasProduction1,199,713 Mcf$3,612,736
Total$89,633,360

Every month this lease reported (45)

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

45 months

May 20269,86022,982106.413.05$1,119,202
Apr 20269,19421,94498.932.87$972,536
Mar 20268,91321,47489.753.15$867,573
Feb 20269,86120,46463.503.75$702,920
Jan 202610,91024,02759.138.00$837,274
Dec 202510,01124,61756.664.41$675,867
Nov 202512,69532,71358.593.93$872,246
Oct 202511,75231,09259.383.30$800,588
Sep 202512,89333,78862.743.08$912,870
Aug 202515,27837,02063.933.01$1,088,329
Jul 202517,37539,65066.743.32$1,291,055
Jun 202513,73729,59366.483.13$1,005,824
May 202511,97825,87360.553.23$808,898
Apr 202515,19132,87662.363.54$1,063,794
Mar 202516,77631,17167.704.27$1,268,783
Feb 202517,29835,81370.884.34$1,381,541
Jan 202519,55338,40874.324.28$1,617,515
Dec 202420,07839,18168.993.12$1,507,480
Nov 202421,90140,40069.052.20$1,601,081
Oct 202424,33837,45271.372.28$1,822,446
Sep 202420,87621,45769.612.36$1,503,910
Aug 202428,31240,44075.632.06$2,224,690
Jul 202428,16830,68679.932.15$2,317,339
Jun 202426,72616,64678.082.63$2,130,611
May 202415,44814,09078.812.20$1,248,433
Apr 202414,66516,61084.451.66$1,266,019
Mar 202426,90529,07380.301.55$2,205,393
Feb 202429,21627,90376.091.78$2,272,814
Jan 202420,46025,25473.023.30$1,577,268
Dec 202329,64637,10571.262.61$2,209,445
Nov 202335,39742,94977.892.81$2,877,654
Oct 202338,82629,95785.443.09$3,409,779
Sep 202341,11347,29589.042.74$3,790,055
Aug 202347,65147,09780.522.67$3,962,743
Jul 202356,58432,21374.852.64$4,320,413
Jun 202365,00029,15568.962.26$4,548,246
May 202387,85441,72470.622.23$6,297,186
Apr 2023108,4422,11678.122.24$8,476,224
Mar 2023108,92327,26372.852.39$8,000,285
Feb 202323,46514,55775.112.47$1,798,349
Jan 202312,5415,58576.533.39$978,683
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$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                9,860 bbl  × $106.41 = $1,049,203
Casinghead gas    22,982 Mcf  × $  3.05 =    $69,999

────────────────────────────────────────────────────
Month total                               $1,119,202

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/58361 is the state's own key, not one this site invented.