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 gasSaveExport
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

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
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.