OVERTON 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.
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Oil | Disposition | 358,541 bbl | $23,627,592 |
| Casinghead gas | Production | 253,878 Mcf | $924,301 |
| Total | $24,551,893 | ||
Every month this lease reported (13)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
13 months
| May 2026 | 6,929 | 2,821 | 106.41 | 3.05 | $745,907 |
| Apr 2026 | 12,537 | 10,801 | 98.93 | 2.87 | $1,271,281 |
| Mar 2026 | 14,000 | 14,564 | 89.75 | 3.15 | $1,302,368 |
| Feb 2026 | 16,212 | 15,081 | 63.50 | 3.75 | $1,086,021 |
| Jan 2026 | 18,225 | 14,958 | 59.13 | 8.00 | $1,197,277 |
| Dec 2025 | 19,065 | 20,035 | 56.66 | 4.41 | $1,168,645 |
| Nov 2025 | 25,658 | 21,078 | 58.59 | 3.93 | $1,586,064 |
| Oct 2025 | 35,107 | 27,369 | 59.38 | 3.30 | $2,175,104 |
| Sep 2025 | 43,566 | 29,539 | 62.74 | 3.08 | $2,824,220 |
| Aug 2025 | 36,543 | 21,567 | 63.93 | 3.01 | $2,401,213 |
| Jul 2025 | 48,912 | 29,735 | 66.74 | 3.32 | $3,362,964 |
| Jun 2025 | 56,002 | 31,079 | 66.48 | 3.13 | $3,820,250 |
| May 2025 | 25,785 | 15,251 | 60.55 | 3.23 | $1,610,578 |
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.
Oil 6,929 bbl × $106.41 = $737,315 Casinghead gas 2,821 Mcf × $ 3.05 = $8,592 ──────────────────────────────────────────────────── Month total $745,907
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/64300 is the state's own key, not one this site invented.