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JH SELMAN ALLOCATION B 26-35

Operated by LANGFORD & BRIGHAM OPERATING LLC (P-5 102718) 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 59342District 08Field 85280300OilCasinghead gasSave
Value, all time
$9.6 M
Jan 2023 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
41
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
OilDisposition122,199 bbl$9,105,698
Casinghead gasProduction177,661 Mcf$522,561
Total$9,628,259

Every month this lease reported (41)

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

41 months

May 20261,1801,834106.413.05$131,150
Apr 20262,1843,78198.932.87$226,914
Mar 20261,8565,26189.753.15$183,145
Feb 20261,4894,33463.503.75$110,805
Jan 20261,4623,93659.138.00$117,928
Dec 20251,6495,12056.664.41$116,029
Nov 20251,5075,52258.593.93$109,977
Oct 20252,2455,15859.383.30$150,354
Sep 20252,7404,15662.743.08$184,695
Aug 20253,2844,77863.933.01$224,351
Jul 20253,0373,26966.743.32$213,527
Jun 20251,22877566.483.13$84,062
May 20252,4446,02760.553.23$167,465
Apr 20252,8336,38862.363.54$199,299
Mar 20252,2202,71267.704.27$161,870
Feb 20252,302070.884.34$163,166
Jan 20253,4836,57574.324.28$286,989
Dec 20243,1505,83568.993.12$235,532
Nov 20243,1245,56969.052.20$227,955
Oct 20243,5856,00471.372.28$269,559
Sep 20243,5305,85669.612.36$259,569
Aug 20243,9626,18075.632.06$312,399
Jul 20243,1213,81279.932.15$257,644
Jun 20243,9136,78678.082.63$323,401
May 20244,4427,67078.812.20$366,936
Apr 20244,3827,54284.451.66$382,574
Mar 20246,0688,27680.301.55$500,048
Feb 20242,7711,92076.091.78$214,270
Jan 20244,4123,97073.023.30$335,256
Dec 20235,2746,19771.262.61$392,004
Nov 20236,6169,13577.892.81$540,967
Oct 20236,4296,29885.443.09$568,737
Sep 20234,4743,10389.042.74$406,852
Aug 20233,5012,72280.522.67$289,176
Jul 2023033874.852.64$893
Jun 20232,5021,56268.962.26$176,066
May 20236,0454,14170.622.23$436,122
Apr 20232,8402,51378.122.24$227,484
Mar 20239151,64872.852.39$70,602
Feb 2023082275.112.47$2,027
Jan 2023013676.533.39$461

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                1,180 bbl  × $106.41 =   $125,564
Casinghead gas     1,834 Mcf  × $  3.05 =     $5,586

────────────────────────────────────────────────────
Month total                                 $131,150

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/59342 is the state's own key, not one this site invented.