COZART A UNIT U6

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 61021District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$9.5 M
Jan 2024 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
29
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
OilDisposition118,434 bbl$8,828,331
Casinghead gasProduction231,874 Mcf$673,898
Total$9,502,228

Every month this lease reported (29)

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

29 months

May 20262,0253,940106.413.05$227,481
Apr 20261,6863,04798.932.87$175,540
Mar 20261,9113,53189.753.15$182,633
Feb 20262,0214,44963.503.75$145,019
Jan 20261,3063,31459.138.00$103,729
Dec 20251,4202,77756.664.41$92,713
Nov 20252,0325,61558.593.93$141,102
Oct 20252,7178,25759.383.30$188,624
Sep 20252,4077,49462.743.08$174,074
Aug 20252,5215,88363.933.01$178,903
Jul 20252,4095,75466.743.32$179,852
Jun 20252,5366,58266.483.13$189,187
May 20252,6277,32460.553.23$182,738
Apr 20253,1128,30662.363.54$223,493
Mar 20252,6626,61567.704.27$208,452
Feb 20253,2099,57370.884.34$269,009
Jan 20253,55010,34674.324.28$308,103
Dec 20243,57211,48768.993.12$282,287
Nov 20244,28012,49369.052.20$322,999
Oct 20245,18613,60571.372.28$401,163
Sep 20244,81214,16569.612.36$368,454
Aug 20246,47216,25175.632.06$523,013
Jul 20247,75916,44279.932.15$655,471
Jun 20247,72912,12878.082.63$635,425
May 20248,81511,26178.812.20$719,467
Apr 202410,1028,66584.451.66$867,491
Mar 202411,2746,88080.301.55$915,933
Feb 20247,7794,97076.091.78$600,769
Jan 202450372073.023.30$39,103

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                2,025 bbl  × $106.41 =   $215,480
Casinghead gas     3,940 Mcf  × $  3.05 =    $12,001

────────────────────────────────────────────────────
Month total                                 $227,481

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/61021 is the state's own key, not one this site invented.