CODY BELL, JR. -B-

Operated by CAPROCK EXPLORATION, INC. (P-5 130464) 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 8878District 08Field 59337001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$753 k
Jan 1993 – May 2026
Value, last 12 filed months
$8 k
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
OilDisposition17,445 bbl$752,792
Casinghead gasProduction55 Mcf$17
Total$752,808

48 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 2026132059.138.00$7,805
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 202370078.122.24$5,468
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 2022700104.226.84$7,295
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 202170057.805.55$4,046
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 202069039.982.39$2,759
Jul 20200038.371.83$0
Jun 202071034.901.69$2,478
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 201969059.012.30$4,072
Nov 20190055.302.75$0
Oct 201969053.472.42$3,689
Sep 201969055.052.66$3,798
Aug 20190053.112.30$0
Jul 201968056.272.46$3,826
Jun 201969052.782.49$3,642
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201970056.803.06$3,976
Feb 20190050.852.79$0
Jan 201975046.033.23$3,452
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201867059.543.11$3,989
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201868065.382.90$4,446
Apr 20180063.842.90$0
Mar 201869061.222.79$4,224
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201771057.272.92$4,066
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201771047.523.09$3,374
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201771045.373.26$3,221
Apr 20170047.933.21$0
Mar 201770046.772.98$3,274
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201667048.763.72$3,267
Nov 20160042.492.64$0
Oct 201671046.193.09$3,279
Sep 20160041.553.10$0
Aug 201670041.442.92$2,901
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201671042.521.99$3,019
Apr 201672036.561.99$2,632
Mar 20160033.011.79$0
Feb 201670026.472.06$1,853
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201572038.792.17$2,793
Oct 201568043.552.43$2,961
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201571056.152.88$3,987
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015143042.892.93$6,133
Feb 20150044.662.98$0
Jan 201572043.433.10$3,127
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014140086.164.05$12,062
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 201470098.164.74$6,871
May 201472094.734.73$6,821
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201470090.404.86$6,328
Dec 20130091.824.35$0
Nov 2013139088.853.74$12,350
Oct 20130097.423.78$0
Sep 2013690104.113.72$7,184
Aug 2013690104.253.52$7,193
Jul 201300102.523.72$0
Jun 201370094.403.93$6,608
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201370091.233.42$6,386
Jan 201368091.603.42$6,229
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 201275089.383.40$6,704
Sep 20120094.672.92$0
Aug 2012141092.662.91$13,065
Jul 201275085.133.02$6,385
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012700105.052.22$7,354
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 201171095.723.31$6,796
Oct 20110084.983.65$0
Sep 201170083.623.99$5,853
Aug 201168083.404.15$5,671
Jul 201170094.144.52$6,590
Jun 20110092.904.64$0
May 201170098.134.40$6,869
Apr 201100105.964.33$0
Mar 201169096.364.06$6,649
Feb 20110085.644.18$0
Jan 201167086.504.59$5,796
Dec 20100085.734.35$0
Nov 201069080.843.80$5,578
Oct 201067078.103.51$5,233
Sep 201068072.633.98$4,939
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201067070.364.91$4,714
May 20100071.124.24$0
Apr 201064081.694.12$5,228
Mar 201070078.394.39$5,487
Feb 201068073.585.44$5,003
Jan 20100074.365.96$0
Dec 200973071.445.48$5,215
Nov 200969074.593.75$5,147
Oct 200970072.544.11$5,078
Sep 200970065.543.06$4,588
Aug 200970067.423.22$4,719
Jul 200969061.133.46$4,218
Jun 200969066.163.90$4,565
May 200969054.743.93$3,777
Apr 20090046.773.59$0
Mar 200968042.144.06$2,866
Feb 2009145032.814.63$4,757
Jan 200970035.865.37$2,510
Dec 20080037.105.98$0
Nov 200869055.496.86$3,829
Oct 20080075.246.92$0
Sep 2008700101.767.88$7,123
Aug 2008700114.228.48$7,995
Jul 2008690131.0811.39$9,045
Jun 200800131.3313.03$0
May 2008700123.1711.57$8,622
Apr 2008700110.3110.45$7,722
Mar 2008690101.909.66$7,031
Feb 200871092.538.77$6,570
Jan 200871090.388.21$6,417
Dec 20070088.337.30$0
Nov 200771091.677.29$6,509
Oct 2007140082.856.92$11,599
Sep 20070075.846.24$0
Aug 200770069.066.39$4,834
Jul 200769070.906.39$4,892
Jun 200769062.007.55$4,278
May 200769058.747.85$4,053
Apr 200769059.617.81$4,113
Mar 200769056.927.30$3,927
Feb 20070055.108.22$0
Jan 200767050.306.73$3,370
Dec 200669056.656.92$3,909
Nov 20060054.207.62$0
Oct 200669054.906.01$3,788
Sep 200668060.085.04$4,085
Aug 20060068.717.34$0
Jul 200669069.376.34$4,787
Jun 200669066.286.38$4,573
May 20060066.016.42$0
Apr 200669064.397.36$4,443
Mar 200668056.707.08$3,856
Feb 200669057.597.75$3,974
Jan 20060060.598.93$0
Dec 200568054.9413.42$3,736
Nov 200565054.6910.59$3,555
Oct 20050058.3413.80$0
Sep 200569061.4512.08$4,240
Aug 200569061.519.80$4,244
Jul 20050055.697.84$0
Jun 200568052.337.38$3,558
May 200570045.226.65$3,165
Apr 200569049.207.36$3,395
Mar 200568050.377.15$3,425
Feb 200569045.226.31$3,120
Jan 200571043.166.32$3,064
Dec 20040039.866.75$0
Nov 200466045.286.33$2,988
Oct 200469049.706.52$3,429
Sep 20040043.245.28$0
Aug 200469042.375.55$2,924
Jul 200469038.286.08$2,641
Jun 200469036.106.43$2,491
May 200470037.486.49$2,624
Apr 200469034.475.86$2,378
Mar 200469034.365.53$2,371
Feb 200469032.455.51$2,239
Jan 2004136032.036.30$4,356
Dec 20030030.266.30$0
Nov 200370028.804.60$2,016
Oct 200370028.174.76$1,972
Sep 200369026.314.75$1,815
Aug 200369029.765.13$2,053
Jul 200370029.415.17$2,059
Jun 200370028.565.98$1,999
May 200369026.595.97$1,835
Apr 200368026.675.41$1,814
Mar 200370031.146.10$2,180
Feb 200370033.487.93$2,344
Jan 200369030.315.58$2,091
Dec 200270026.914.85$1,884
Nov 200272024.664.14$1,776
Oct 200271026.464.23$1,879
Sep 200273027.443.64$2,003
Aug 200272025.963.16$1,869
Jul 200270024.583.06$1,721
Jun 200271023.733.34$1,685
May 200268024.663.58$1,677
Apr 200272023.653.51$1,703
Mar 200270022.003.10$1,540
Feb 200271018.222.38$1,294
Jan 200273017.172.38$1,253
Dec 200173016.932.36$1,236
Nov 200174018.072.41$1,337
Oct 200171019.782.53$1,404
Sep 200174024.262.25$1,795
Aug 200170024.873.05$1,741
Jul 200171023.933.20$1,699
Jun 200173024.563.82$1,793
May 2001143025.524.31$3,649
Apr 200169024.685.34$1,703
Mar 200172024.545.38$1,767
Feb 2001144027.755.77$3,996
Jan 2001146027.478.40$4,011
Dec 200073026.889.12$1,962
Nov 200075032.215.66$2,416
Oct 2000144031.235.15$4,497
Sep 2000144031.875.19$4,589
Aug 2000218029.644.54$6,462
Jul 2000144028.534.09$4,108
Jun 200073029.304.40$2,139
May 200067027.263.68$1,826
Apr 200066024.513.12$1,618
Mar 200065028.422.86$1,847
Feb 200066027.622.73$1,823
Jan 200069025.272.48$1,744
Dec 19990024.282.42$0
Nov 199967023.192.43$1,554
Oct 199965020.982.80$1,364
Sep 199967021.752.62$1,457
Aug 199968019.262.88$1,310
Jul 199967017.892.37$1,199
Jun 199963015.942.36$1,004
May 19990015.792.32$0
Apr 199966015.102.21$997
Mar 199967012.471.84$835
Feb 19997009.981.82$699
Jan 199966010.381.90$685
Dec 19986709.201.77$616
Nov 199865010.892.19$708
Oct 19980012.421.97$0
Sep 199866012.592.08$831
Aug 199867011.301.91$757
Jul 199867011.742.24$787
Jun 19980011.242.24$0
May 199865012.622.21$820
Apr 199866013.042.51$861
Mar 19980012.802.31$0
Feb 199869013.952.30$963
Jan 199867014.702.15$985
Dec 199766016.322.41$1,077
Nov 19970018.193.09$0
Oct 199764019.253.15$1,232
Sep 199767017.742.95$1,189
Aug 199765017.862.55$1,161
Jul 199766117.582.25$1,163
Jun 19970117.242.26$2
May 199766118.972.31$1,254
Apr 199767117.882.08$1,200
Mar 199765118.951.94$1,234
Feb 199766120.492.21$1,355
Jan 199768123.483.54$1,600
Dec 199661123.32$1,423
Nov 199666121.97$1,450
Oct 199666123.31$1,538
Sep 199667122.22$1,489
Aug 199665120.26$1,317
Jul 199665119.55$1,271
Jun 199665118.73$1,217
May 199665119.43$1,263
Apr 199666121.51$1,420
Mar 199665119.38$1,260
Feb 199658116.98$985
Jan 199667117.07$1,144
Dec 199563117.19$1,083
Nov 199567116.00$1,072
Oct 19950115.43$0
Sep 199563116.18$1,019
Aug 199566115.92$1,051
Jul 199563115.24$960
Jun 199565116.41$1,067
May 199578117.56$1,370
Apr 19950117.73$0
Mar 19950116.44$0
Feb 199565116.58$1,078
Jan 199568115.92$1,083
Dec 199464115.03$962
Nov 199467115.90$1,065
Oct 199465115.58$1,013
Sep 199464115.29$979
Aug 199465116.13$1,048
Jul 199463117.56$1,106
Jun 199464117.09$1,094
May 199466115.88$1,048
Apr 199467114.14$947
Mar 1994130112.46$1,620
Feb 199466112.50$825
Jan 199465112.66$823
Dec 199368112.33$838
Nov 199365114.49$942
Oct 199367115.85$1,062
Sep 199365115.03$977
Aug 199365115.66$1,018
Jul 199363115.46$974
Jun 199364116.79$1,075
May 199364117.68$1,132
Apr 199364118.05$1,155
Mar 199369118.14$1,252
Feb 199368117.90$1,217
Jan 199361116.93$1,033

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.

Jan 2026 — as filed, then multipliedworked
Oil                  132 bbl  × $ 59.13 =     $7,805
Casinghead gas         0 Mcf  × $  8.00 =         $0

────────────────────────────────────────────────────
Month total                                   $7,805

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/8878 is the state's own key, not one this site invented.