OAKMONT B 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 64188District 08Field 85280300OilCasinghead gasSave
Value, all time
$6.2 M
Apr 2025 – May 2026
Value, last 12 filed months
$4.3 M
at the published price for each month
Months reported
14
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
OilDisposition86,067 bbl$5,681,810
Casinghead gasProduction134,965 Mcf$472,173
Total$6,153,984

Every month this lease reported (14)

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

14 months

May 20263,1368,973106.413.05$361,032
Apr 20262,2445,56798.932.87$237,975
Mar 20263,0518,20089.753.15$299,653
Feb 20263,7367,66063.503.75$265,963
Jan 20263,3175,62659.138.00$241,131
Dec 20253,0885,43456.664.41$198,948
Nov 20253,1796,50458.593.93$211,795
Oct 20254,9739,04759.383.30$325,196
Sep 20255,3918,63262.743.08$364,791
Aug 20256,1288,43863.933.01$417,202
Jul 20256,71810,86566.743.32$484,379
Jun 202512,89021,06766.483.13$922,840
May 202517,92221,27460.553.23$1,153,941
Apr 202510,2947,67862.363.54$669,138

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                3,136 bbl  × $106.41 =   $333,702
Casinghead gas     8,973 Mcf  × $  3.05 =    $27,330

────────────────────────────────────────────────────
Month total                                 $361,032

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/64188 is the state's own key, not one this site invented.