STONECREEK UNIT

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 59181District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$36.0 M
Mar 2021 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
62
1 month not filed
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
OilDisposition428,808 bbl$32,445,226
Casinghead gasProduction864,124 Mcf$3,573,004
Total$36,018,229

Every month this lease reported (62)

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

62 months

May 20261,0203,231106.413.05$118,379
Apr 20269973,67998.932.87$109,191
Mar 20265461,63789.753.15$54,159
Feb 20266772,29963.503.75$51,611
Jan 20264521,18959.138.00$36,236
Dec 20257822,90056.664.41$57,107
Nov 20251,5354,13358.593.93$106,164
Oct 20251,7915,31859.383.30$123,925
Sep 20251,2915,44462.743.08$97,748
Aug 20251,6466,09163.933.01$123,592
Jul 20251,9717,69866.743.32$157,065
Jun 20252,0097,93866.483.13$158,394
May 20251,4306,17760.553.23$106,553
Apr 20251,3725,73462.363.54$105,874
Mar 20252,32811,39967.704.27$206,260
Feb 20252,45310,61870.884.34$219,960
Jan 20252,78810,65974.324.28$252,811
Dec 20242,83912,58868.993.12$235,154
Nov 20243,07913,29869.052.20$241,840
Oct 20244,03115,77171.372.28$323,672
Sep 20244,00213,87769.612.36$311,389
Aug 20243,13912,56075.632.06$263,322
Jul 20243,04911,90279.932.15$269,255
Jun 20243,58612,06578.082.63$311,774
May 20244,28112,91578.812.20$365,778
Apr 20244,77212,48184.451.66$423,704
Mar 20242,7017,33280.301.55$228,219
Feb 20242,2725,39676.091.78$182,501
Jan 20241,2346,53673.023.30$111,660
Dec 20231,2674,24771.262.61$101,374
Nov 20233,16011,10277.892.81$277,302
Oct 20233,13010,55585.443.09$300,013
Sep 20233,71813,62589.042.74$368,316
Aug 20233,76113,75680.522.67$339,604
Jul 20233,99413,88574.852.64$335,632
Jun 20234,23916,25368.962.26$329,029
May 20235,58618,88370.622.23$436,543
Apr 20235,97417,83978.122.24$506,608
Mar 20235,92218,36472.852.39$475,366
Feb 20236,61916,45075.112.47$537,714
Jan 20236,43814,73176.533.39$542,605
Dec 20225,88211,78876.415.73$516,978
Nov 20224,45710,05585.005.65$435,618
Oct 20225,8178,74087.185.86$558,375
Sep 20223,1783,12184.888.16$295,227
Aug 20222,2583,35194.529.13$244,011
Jul 20224,68318,348101.587.54$614,081
Jun 20227,26022,731115.097.98$1,016,883
May 20227,38123,774109.378.43$1,007,747
Apr 20229,28125,615104.226.84$1,142,411
Mar 202211,08829,799108.885.08$1,358,533
Feb 202211,29927,72591.054.86$1,163,485
Dec 202117,32840,57871.323.90$1,394,051
Nov 202122,72444,25277.435.24$1,991,260
Oct 202129,64247,47079.795.71$2,636,373
Sep 202140,05445,56369.865.35$3,041,976
Aug 202138,03332,18266.024.22$2,646,766
Jul 202128,70320,13870.783.98$2,111,789
Jun 20212,3645069.493.38$164,443
May 202113,79516,21663.483.02$924,641
Apr 202136,11424,24960.362.76$2,246,730
Mar 20219,5865,82461.302.72$603,445

Not filed, and not zero: Jan 2022. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                1,020 bbl  × $106.41 =   $108,538
Casinghead gas     3,231 Mcf  × $  3.05 =     $9,841

────────────────────────────────────────────────────
Month total                                 $118,379

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/59181 is the state's own key, not one this site invented.