HARDWICKE-UNIVERSITY-SECTION 48

Operated by MOGUL RESOURCES, LLC (P-5 573657) in the MCELROY field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8832District 08Field 59337001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$15.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 114 leases and 4,417 wells, and the rule below applies to all of them.

Discovered
1941-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: WAS STATED AS THE GRAYBURG SAN ANDRES DOLOMITE AT 3000FT.

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
OilDisposition463,655 bbl$15,366,623
Casinghead gasProduction174,565 Mcf$424,065
Total$15,790,688

83,355 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017159043.873.09$6,975
Jun 20170042.493.09$0
May 2017251045.373.26$11,388
Apr 2017159047.933.21$7,621
Mar 2017157046.772.98$7,343
Feb 2017319050.452.95$16,094
Jan 2017159049.413.42$7,856
Dec 2016328048.763.72$15,993
Nov 2016470042.492.64$19,970
Oct 20160046.193.09$0
Sep 2016481041.553.10$19,986
Aug 20164882241.442.92$20,287
Jul 20164857441.622.92$20,402
Jun 20164813745.352.69$21,913
May 20166602042.521.99$28,103
Apr 2016643436.561.99$23,516
Mar 2016477033.011.79$15,746
Feb 2016503026.472.06$13,314
Jan 2016662027.352.36$18,106
Dec 2015487032.362.00$15,759
Nov 2015489038.792.17$18,968
Oct 2015337043.552.43$14,676
Sep 2015325042.992.76$13,972
Aug 2015475040.162.87$19,076
Jul 20156382848.152.95$30,802
Jun 20156675756.152.88$37,616
May 20156552555.212.96$36,236
Apr 2015650049.822.71$32,383
Mar 2015486542.892.93$20,859
Feb 2015667044.662.98$29,788
Jan 2015503043.433.10$21,845
Dec 2014505054.693.59$27,618
Nov 2014333070.464.25$23,463
Oct 2014657078.303.90$51,443
Sep 2014672086.164.05$57,900
Aug 2014814089.394.04$72,763
Jul 201451012696.564.18$49,772
Jun 20148294698.164.74$81,593
May 2014506094.734.73$47,933
Apr 20146672395.944.81$64,103
Mar 20146851795.895.06$65,771
Feb 2014836997.406.19$81,482
Jan 2014309090.404.86$27,934
Dec 2013520091.824.35$47,746
Nov 2013675088.853.74$59,974
Oct 2013879097.423.78$85,632
Sep 20136950104.113.72$72,356
Aug 20131,0325104.253.52$107,604
Jul 20138700102.523.72$89,192
Jun 20136888894.403.93$65,293
May 20135185994.834.15$49,367
Apr 20135054293.964.28$47,630
Mar 201334635193.623.91$33,766
Feb 201334811091.233.42$32,124
Jan 201338917291.603.42$36,221
Dec 201269821286.773.42$61,291
Nov 201286320386.953.62$75,774
Oct 201269716589.383.40$62,859
Sep 201287916894.672.92$83,705
Aug 201288416392.662.91$82,385
Jul 201285113685.133.02$72,856
Jun 201233323979.822.52$27,182
May 201271538491.612.49$66,457
Apr 2012719264101.652.00$73,614
Mar 2012719151105.052.22$75,866
Feb 2012880204101.102.57$89,492
Jan 201250432198.092.73$50,315
Dec 201150528096.873.24$49,826
Nov 20111,00822995.723.31$97,244
Oct 201183429684.983.65$71,953
Sep 201167129983.623.99$57,301
Aug 201193032183.404.15$78,894
Jul 20111,00629694.144.52$96,042
Jun 201147325392.904.64$45,116
May 201194329998.134.40$93,854
Apr 2011852137105.964.33$90,872
Mar 20111,04232296.364.06$101,714
Feb 201167827085.644.18$59,193
Jan 201184426186.504.59$74,204
Dec 201099633885.734.35$86,857
Nov 20101,15133480.843.80$94,314
Oct 201079533978.103.51$63,279
Sep 20101,12534372.633.98$83,074
Aug 201096534573.684.42$72,626
Jul 201098232872.554.74$72,798
Jun 20101,09633570.364.91$78,760
May 201097215371.124.24$69,777
Apr 20101,136081.694.12$92,800
Mar 20101,286078.394.39$100,810
Feb 201080912873.585.44$60,223
Jan 201082336174.365.96$63,351
Dec 200982638071.445.48$61,093
Nov 200983235374.593.75$63,383
Oct 200984122072.544.11$61,910
Sep 200965714265.543.06$43,495
Aug 200982916467.423.22$56,419
Jul 200970220061.133.46$43,606
Jun 200973616366.163.90$49,329
May 200966917954.743.93$37,324
Apr 200978320546.773.59$37,356
Mar 200966515042.144.06$28,632
Feb 200965033632.814.63$22,883
Jan 20097321,38635.865.37$33,694
Dec 20089661,56137.105.98$45,169
Nov 20084461,16455.496.86$32,734
Oct 200880860175.246.92$64,954
Sep 2008780129101.767.88$80,389
Aug 2008753126114.228.48$87,077
Jul 2008908574131.0811.39$125,558
Jun 2008632501131.3313.03$89,530
May 2008713729123.1711.57$96,258
Apr 2008851303110.3110.45$97,042
Mar 2008738207101.909.66$77,203
Feb 200879145392.538.77$77,164
Jan 200875436490.388.21$71,133
Dec 200778028888.337.30$71,000
Nov 200778928891.677.29$74,428
Oct 200786129182.856.92$73,348
Sep 200795425875.846.24$73,962
Aug 200780220369.066.39$56,683
Jul 20071,04721470.906.39$75,599
Jun 200779614662.007.55$50,454
May 20071,02416558.747.85$61,444
Apr 200789913559.617.81$54,643
Mar 200796116456.927.30$55,898
Feb 200790217155.108.22$51,105
Jan 20071,00262650.306.73$54,612
Dec 20061,01346156.656.92$60,576
Nov 20061,05215154.207.62$58,169
Oct 20061,05965954.906.01$62,102
Sep 200694038460.085.04$58,409
Aug 20061,07866368.717.34$78,936
Jul 20061,24881969.376.34$91,768
Jun 20061,18625266.286.38$80,217
May 200690314566.016.42$60,539
Apr 20061,21529564.397.36$80,405
Mar 20061,06516356.707.08$61,540
Feb 20061,02934057.597.75$61,895
Jan 20061,1263260.598.93$68,510
Dec 20051,12923454.9413.42$65,166
Nov 20051,02637154.6910.59$60,040
Oct 20051,14130158.3413.80$70,718
Sep 20051,14026961.4512.08$73,302
Aug 20051,56534361.519.80$99,623
Jul 200573126455.697.84$42,780
Jun 20051,26437052.337.38$68,876
May 20051,36333045.226.65$63,830
Apr 20051,47335449.207.36$75,077
Mar 200593933250.377.15$49,673
Feb 200541324445.226.31$20,216
Jan 20051,35541743.166.32$61,118
Dec 20041,33531039.866.75$55,306
Nov 20041,18343545.286.33$56,320
Oct 20041,50252049.706.52$78,037
Sep 20041,28467143.245.28$59,066
Aug 20041,41249442.375.55$62,568
Jul 20041,37237038.286.08$54,771
Jun 20041,25838036.106.43$47,858
May 20041,3871,11137.486.49$59,200
Apr 20041,5721,11634.475.86$60,725
Mar 20041,2961,37234.365.53$52,118
Feb 20041,4551,14032.455.51$53,496
Jan 20041,2971,03032.036.30$48,032
Dec 20031,5461,01730.266.30$53,191
Nov 20031,36058728.804.60$41,865
Oct 20031,67057728.174.76$49,790
Sep 20031,50753526.314.75$42,190
Aug 20031,60734029.765.13$49,568
Jul 20031,97331029.415.17$59,629
Jun 20031,58944028.565.98$48,014
May 20031,99558426.595.97$56,535
Apr 20031,61245126.675.41$45,431
Mar 20031,97736031.146.10$63,758
Feb 20031,66947633.487.93$59,651
Jan 20032,26572230.315.58$72,682
Dec 20021,61484326.914.85$47,524
Nov 20021,74895924.664.14$47,073
Oct 20021,80681626.464.23$51,238
Sep 20021,30664927.443.64$38,196
Aug 20021,47852525.963.16$40,030
Jul 20022,07256824.583.06$52,669
Jun 20022,44273523.733.34$60,402
May 20021,83542624.663.58$46,778
Apr 20022,00351523.653.51$49,180
Mar 20022,05148222.003.10$46,618
Feb 20021,88342118.222.38$35,308
Jan 20021,90844817.172.38$33,825
Dec 20011,98352016.932.36$34,802
Nov 20012,32169818.072.41$43,620
Oct 20012,49054419.782.53$50,628
Sep 20012,29949824.262.25$56,895
Aug 20011,92144224.873.05$49,125
Jul 20012,31748723.933.20$57,003
Jun 20011,67641924.563.82$42,765
May 20011,88543425.524.31$49,975
Apr 20012,03740724.685.34$52,445
Mar 20011,70845924.545.38$44,382
Feb 20012,08852027.755.77$60,941
Jan 20012,65957827.478.40$77,897
Dec 20001,66651726.889.12$49,498
Nov 20002,51765832.215.66$84,796
Oct 20002,34960431.235.15$76,467
Sep 20002,09449831.875.19$69,319
Aug 20002,50850229.644.54$76,617
Jul 20002,48361728.534.09$73,363
Jun 20002,64255229.304.40$79,838
May 20001,81254627.263.68$51,404
Apr 20002,56469124.513.12$64,997
Mar 20002,67963128.422.86$77,942
Feb 20002,75658827.622.73$77,724
Jan 20002,81260025.272.48$72,548
Dec 19991,64255924.282.42$41,223
Nov 19992,18958823.192.43$52,194
Oct 19992,40065020.982.80$52,174
Sep 19992,48962321.752.62$55,767
Aug 19992,55054419.262.88$50,677
Jul 19992,54962817.892.37$47,091
Jun 19992,82562115.942.36$46,497
May 19992,67964915.792.32$43,808
Apr 19992,57756615.102.21$40,162
Mar 19992,77367412.471.84$35,818
Feb 19992,3415889.981.82$24,432
Jan 19992,78450410.381.90$29,855
Dec 19982,5535719.201.77$24,500
Nov 19982,70067910.892.19$30,887
Oct 19982,83770812.421.97$36,630
Sep 19982,67158112.592.08$34,838
Aug 19982,65665611.301.91$31,264
Jul 19982,88759111.742.24$35,216
Jun 19983,07665511.242.24$36,040
May 19982,99665812.622.21$39,261
Apr 19983,52665613.042.51$47,623
Mar 19982,45656612.802.31$32,744
Feb 19982,08052113.952.30$30,214
Jan 19981,96954314.702.15$30,114
Dec 19972,49154816.322.41$41,974
Nov 19972,94262818.193.09$55,454
Oct 19973,41476219.253.15$68,120
Sep 19974,16172317.742.95$75,953
Aug 19973,59673317.862.55$66,097
Jul 19973,97484617.582.25$71,764
Jun 19974,25473217.242.26$74,991
May 19974,34390618.972.31$84,478
Apr 19973,43086317.882.08$63,126
Mar 19974,00391018.951.94$77,621
Feb 19973,90350820.492.21$81,093
Jan 19973,45379823.483.54$83,901
Dec 19963,28080223.32$76,490
Nov 19963,23383221.97$71,029
Oct 19963,64294323.31$84,895
Sep 19963,24885022.22$72,171
Aug 19963,24989320.26$65,825
Jul 19963,5701,05019.55$69,794
Jun 19963,35083518.73$62,746
May 19963,25592819.43$63,245
Apr 19962,90793121.51$62,530
Mar 19962,2531,58819.38$43,663
Feb 19962,1991,28016.98$37,339
Jan 19962,2921,35817.07$39,124
Dec 19952,6551,51817.19$45,639
Nov 19952,7421,81516.00$43,872
Oct 19952,4171,46215.43$37,294
Sep 19952,3311,16416.18$37,716
Aug 19952,3421,42715.92$37,285
Jul 19952,3571,34515.24$35,921
Jun 19952,3621,24916.41$38,760
May 19952,5501,32417.56$44,778
Apr 19952,0201,26117.73$35,815
Mar 19952,4631,21116.44$40,492
Feb 19952,0101,28916.58$33,326
Jan 19952,3671,45515.92$37,683
Dec 19942,6241,41715.03$39,439
Nov 19942,8341,85815.90$45,061
Oct 19943,0811,71415.58$48,002
Sep 19942,8651,60515.29$43,806
Aug 19943,1081,68216.13$50,132
Jul 19943,3331,73917.56$58,527
Jun 19943,1331,68317.09$53,543
May 19943,3371,90215.88$52,992
Apr 19942,8681,78614.14$40,554
Mar 19942,5211,88712.46$31,412
Feb 19942,2601,73312.50$28,250
Jan 19942,8181,50012.66$35,676
Dec 19932,2371,67312.33$27,582
Nov 19932,4302,53914.49$35,211
Oct 19932,8112,78815.85$44,554
Sep 19932,6782,12015.03$40,250
Aug 19932,7383,19615.66$42,877
Jul 19932,5222,11415.46$38,990
Jun 19931,6863,00816.79$28,308
May 19932,9383,35617.68$51,944
Apr 19932,6453,78718.05$47,742
Mar 19932,2253,24818.14$40,362
Feb 19932,2492,74617.90$40,257
Jan 19932,8713,46416.93$48,606

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.

Jul 2017 — as filed, then multipliedworked
Oil                  159 bbl  × $ 43.87 =     $6,975
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $6,975

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/8832 is the state's own key, not one this site invented.