TRINITY A 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 59707District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$19.9 M
Jun 2022 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
48
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
OilDisposition216,207 bbl$18,172,983
Casinghead gasProduction473,844 Mcf$1,761,444
Total$19,934,427

Every month this lease reported (48)

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

48 months

May 20261,9058,124106.413.05$227,455
Apr 20261,2955,35598.932.87$143,482
Mar 20261,4945,57889.753.15$151,654
Feb 20261,3975,14363.503.75$107,997
Jan 20261,2695,17059.138.00$116,385
Dec 20251,8406,00256.664.41$130,743
Nov 20251,9055,71658.593.93$134,057
Oct 20251,6584,74259.383.30$114,124
Sep 20251,6644,54162.743.08$118,372
Aug 20251,7724,50863.933.01$126,875
Jul 20251,8774,37666.743.32$139,778
Jun 20251,4973,63166.483.13$110,881
May 20251,0532,58060.553.23$72,099
Apr 202529062.363.54$1,808
Mar 20251,1534,44067.704.27$97,009
Feb 20251,1504,55070.884.34$101,263
Jan 20252,1207,57774.324.28$189,978
Dec 20242,2527,28068.993.12$178,089
Nov 20242,2166,98369.052.20$168,367
Oct 20242,5387,50071.372.28$198,248
Sep 20242,0526,11969.612.36$157,307
Aug 20241,3824,65975.632.06$114,135
Jul 20242,4418,34879.932.15$213,029
Jun 20242,5928,11878.082.63$223,766
May 20242,6207,83078.812.20$223,696
Apr 20242,97725,63284.451.66$293,936
Mar 20243,59926,78080.301.55$330,378
Feb 20243,80619,69076.091.78$324,718
Jan 20242,4466,01573.023.30$198,442
Dec 20232,3145,42271.262.61$179,051
Nov 20231,7454,50477.892.81$148,563
Oct 20233,3238,12985.443.09$309,014
Sep 20233,2088,26989.042.74$308,256
Aug 20232,9757,96280.522.67$260,828
Jul 20232,8399,69474.852.64$238,109
Jun 20236,66618,78268.962.26$502,106
May 20235,73813,85770.622.23$436,083
Apr 20234,41812,11878.122.24$372,251
Mar 20236,54419,74272.852.39$523,976
Feb 20237,73817,52075.112.47$624,400
Jan 202310,65926,22376.533.39$904,569
Dec 202210,69019,35676.415.73$927,715
Nov 202211,46515,01085.005.65$1,059,274
Oct 20225,7674,20987.185.86$527,448
Sep 202212,99619,34584.888.16$1,261,027
Aug 202222,05922,39294.529.13$2,289,392
Jul 202224,34215,521101.587.54$2,589,721
Jun 202214,7228,802115.097.98$1,764,570

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                1,905 bbl  × $106.41 =   $202,711
Casinghead gas     8,124 Mcf  × $  3.05 =    $24,744

────────────────────────────────────────────────────
Month total                                 $227,455

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/59707 is the state's own key, not one this site invented.