FREEMAN "B"

Operated by GRAYSON PETROLEUM COMPANY (P-5 328325) in the SOUTHMAYD (OIL CREEK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27854District 09Field 84784332OilCasinghead gasSaveExport
Value, all time
$1.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$71 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1954-01-13
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition67,194 bbl$1,834,840
Casinghead gasProduction21 Mcf$0
Total$1,834,840

21 Mcf of this lease's gas, across 21 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.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.6365, -96.7704. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.63655, -96.77036 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,815 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,815 ft.

Completions filed
Nov 1990
1 of 1 wells

1 well

42-18100108B 36,815 ftNov 1990

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

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 202685089.753.15$7,629
Feb 2026156063.503.75$9,906
Jan 202683059.138.00$4,908
Dec 20250056.664.41$0
Nov 2025159058.593.93$9,316
Oct 202582059.383.30$4,869
Sep 202579062.743.08$4,956
Aug 2025232063.933.01$14,832
Jul 202572066.743.32$4,805
Jun 2025153066.483.13$10,171
May 202574060.553.23$4,481
Apr 202559062.363.54$3,679
Mar 202578067.704.27$5,281
Feb 202576070.884.34$5,387
Jan 20250074.324.28$0
Dec 202474068.993.12$5,105
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 202477078.082.63$6,012
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 202376089.042.74$6,767
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202378070.622.23$5,508
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202376075.112.47$5,708
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 202257085.005.65$4,845
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 2022590109.378.43$6,453
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 202065036.972.48$2,403
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 202058030.341.86$1,760
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 201971058.482.74$4,152
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201878046.594.19$3,634
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201876065.142.93$4,951
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201868061.782.77$4,201
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 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 201776047.933.21$3,643
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201676041.622.92$3,163
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201567032.362.00$2,168
Nov 20150038.792.17$0
Oct 201577043.552.43$3,353
Sep 201578042.992.76$3,353
Aug 201577040.162.87$3,092
Jul 201577048.152.95$3,708
Jun 201575056.152.88$4,211
May 201578055.212.96$4,306
Apr 201565049.822.71$3,238
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201475070.464.25$5,285
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201462096.564.18$5,987
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 201461095.944.81$5,852
Mar 20140095.895.06$0
Feb 201474097.406.19$7,208
Jan 2014120090.404.86$10,848
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013800104.113.72$8,329
Aug 2013750104.253.52$7,819
Jul 2013700102.523.72$7,176
Jun 201374094.403.93$6,986
May 201361094.834.15$5,785
Apr 201379093.964.28$7,423
Mar 201334093.623.91$3,183
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201283086.773.42$7,202
Nov 20120086.953.62$0
Oct 201241089.383.40$3,665
Sep 201238094.672.92$3,597
Aug 201238092.662.91$3,521
Jul 20120085.133.02$0
Jun 201238079.822.52$3,033
May 2012166091.612.49$15,207
Apr 201200101.652.00$0
Mar 20121140105.052.22$11,976
Feb 201200101.102.57$0
Jan 201270098.092.73$6,866
Dec 2011124096.873.24$12,012
Nov 201144095.723.31$4,212
Oct 201160084.983.65$5,099
Sep 201143083.623.99$3,596
Aug 2011122083.404.15$10,175
Jul 201141094.144.52$3,860
Jun 20110092.904.64$0
May 201185098.134.40$8,341
Apr 201100105.964.33$0
Mar 201149096.364.06$4,722
Feb 201148085.644.18$4,111
Jan 201189086.504.59$7,699
Dec 201047085.734.35$4,029
Nov 201035080.843.80$2,829
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201066073.684.42$4,863
Jul 201038072.554.74$2,757
Jun 201035070.364.91$2,463
May 201035071.124.24$2,489
Apr 201060081.694.12$4,901
Mar 201071078.394.39$5,566
Feb 201061073.585.44$4,488
Jan 201034074.365.96$2,528
Dec 200938071.445.48$2,715
Nov 200933074.593.75$2,461
Oct 2009112072.544.11$8,124
Sep 200973065.543.06$4,784
Aug 200974067.423.22$4,989
Jul 200936061.133.46$2,201
Jun 2009109066.163.90$7,211
May 200938054.743.93$2,080
Apr 2009161046.773.59$7,530
Mar 200976042.144.06$3,203
Feb 2009111032.814.63$3,642
Jan 2009111035.865.37$3,980
Dec 2008115037.105.98$4,267
Nov 2008160055.496.86$8,878
Oct 2008101075.246.92$7,599
Sep 200800101.767.88$0
Aug 2008760114.228.48$8,681
Jul 200800131.0811.39$0
Jun 2008600131.3313.03$7,880
May 2008750123.1711.57$9,238
Apr 2008740110.3110.45$8,163
Mar 2008680101.909.66$6,929
Feb 200870092.538.77$6,477
Jan 200835090.388.21$3,163
Dec 2007112088.337.30$9,893
Nov 2007126091.677.29$11,550
Oct 2007102082.856.92$8,451
Sep 2007148075.846.24$11,224
Aug 2007155069.066.39$10,704
Jul 2007111070.906.39$7,870
Jun 2007226062.007.55$14,012
May 2007106058.747.85$6,226
Apr 2007119059.617.81$7,094
Mar 2007159056.927.30$9,050
Feb 2007113055.108.22$6,226
Jan 2007125050.306.73$6,288
Dec 2006197056.656.92$11,160
Nov 200674054.207.62$4,011
Oct 200673054.906.01$4,008
Sep 200640060.085.04$2,403
Aug 2006121068.717.34$8,314
Jul 200675069.376.34$5,203
Jun 200681066.286.38$5,369
May 200676066.016.42$5,017
Apr 20060064.397.36$0
Mar 200644056.707.08$2,495
Feb 20060057.597.75$0
Jan 200641060.598.93$2,484
Dec 200583054.9413.42$4,560
Nov 200584054.6910.59$4,594
Oct 2005125058.3413.80$7,293
Sep 200585061.4512.08$5,223
Aug 2005116061.519.80$7,135
Jul 2005126055.697.84$7,017
Jun 2005127052.337.38$6,646
May 200563045.226.65$2,849
Apr 200538049.207.36$1,870
Mar 200580050.377.15$4,030
Feb 200578045.226.31$3,527
Jan 200583043.166.32$3,582
Dec 2004117039.866.75$4,664
Nov 200484045.286.33$3,804
Oct 200446049.706.52$2,286
Sep 200447043.245.28$2,032
Aug 200480042.375.55$3,390
Jul 200494038.286.08$3,598
Jun 2004133036.106.43$4,801
May 200489037.486.49$3,336
Apr 200482034.475.86$2,827
Mar 200490034.365.53$3,092
Feb 2004198032.455.51$6,425
Jan 2004100032.036.30$3,203
Dec 2003400030.266.30$12,104
Nov 20030028.804.60$0
Oct 2003100028.174.76$2,817
Sep 2003261026.314.75$6,867
Aug 2003109029.765.13$3,244
Jul 2003185029.415.17$5,441
Jun 2003177028.565.98$5,055
May 20030026.595.97$0
Apr 2003202026.675.41$5,387
Mar 2003171031.146.10$5,325
Feb 2003172033.487.93$5,759
Jan 2003188030.315.58$5,698
Dec 2002326026.914.85$8,773
Nov 2002345024.664.14$8,508
Oct 2002195026.464.23$5,160
Sep 2002191027.443.64$5,241
Aug 2002364025.963.16$9,449
Jul 2002326024.583.06$8,013
Jun 2002354023.733.34$8,400
May 2002387024.663.58$9,543
Apr 2002182023.653.51$4,304
Mar 2002379022.003.10$8,338
Feb 2002200018.222.38$3,644
Jan 2002387017.172.38$6,645
Dec 2001327016.932.36$5,536
Nov 2001350018.072.41$6,325
Oct 2001166019.782.53$3,283
Sep 2001464024.262.25$11,257
Aug 2001368024.873.05$9,152
Jul 2001203023.933.20$4,858
Jun 2001206024.563.82$5,059
May 2001181025.524.31$4,619
Apr 2001553024.685.34$13,648
Mar 2001207024.545.38$5,080
Feb 2001268027.755.77$7,437
Jan 2001164027.478.40$4,505
Dec 2000360026.889.12$9,677
Nov 2000176032.215.66$5,669
Oct 2000367031.235.15$11,461
Sep 2000188031.875.19$5,992
Aug 2000325029.644.54$9,633
Jul 2000192028.534.09$5,478
Jun 2000355029.304.40$10,402
May 2000361027.263.68$9,841
Apr 2000445024.513.12$10,907
Mar 2000372028.422.86$10,572
Feb 2000186027.622.73$5,137
Jan 2000453025.272.48$11,447
Dec 1999417024.282.42$10,125
Nov 1999507023.192.43$11,757
Oct 1999174020.982.80$3,651
Sep 1999357021.752.62$7,765
Aug 1999331019.262.88$6,375
Jul 1999345017.892.37$6,172
Jun 1999528015.942.36$8,416
May 1999361015.792.32$5,700
Apr 1999334015.102.21$5,043
Mar 1999526012.471.84$6,559
Feb 199933409.981.82$3,333
Jan 1999392010.381.90$4,069
Dec 199853309.201.77$4,904
Nov 1998569010.892.19$6,196
Oct 1998364012.421.97$4,521
Sep 1998347012.592.08$4,369
Aug 1998364011.301.91$4,113
Jul 1998540011.742.24$6,340
Jun 1998375011.242.24$4,215
May 1998390012.622.21$4,922
Apr 1998531013.042.51$6,924
Mar 1998528012.802.31$6,758
Feb 1998176013.952.30$2,455
Jan 1998550014.702.15$8,085
Dec 1997352016.322.41$5,745
Nov 1997545018.193.09$9,914
Oct 1997383019.253.15$7,373
Sep 1997386017.742.95$6,848
Aug 1997376017.862.55$6,715
Jul 1997392017.582.25$6,891
Jun 1997567017.242.26$9,775
May 1997388018.972.31$7,360
Apr 1997328017.882.08$5,865
Mar 1997586018.951.94$11,105
Feb 1997384020.492.21$7,868
Jan 1997384023.483.54$9,016
Dec 1996563023.32$13,129
Nov 1996376021.97$8,261
Oct 1996548023.31$12,774
Sep 1996377022.22$8,377
Aug 1996376020.26$7,618
Jul 1996561019.55$10,968
Jun 1996377018.73$7,061
May 1996553019.43$10,745
Apr 1996571021.51$12,282
Mar 1996557019.38$10,795
Feb 1996380016.98$6,452
Jan 1996588017.07$10,037
Dec 1995371017.19$6,377
Nov 1995576016.00$9,216
Oct 1995589015.43$9,088
Sep 1995385016.18$6,229
Aug 1995735015.92$11,701
Jul 1995384015.24$5,852
Jun 1995577016.41$9,469
May 1995367017.56$6,445
Apr 1995569017.73$10,088
Mar 1995562016.44$9,239
Feb 1995552016.58$9,152
Jan 1995559015.92$8,899
Dec 1994576015.03$8,657
Nov 1994562015.90$8,936
Oct 1994563015.58$8,772
Sep 1994559115.29$8,547
Aug 1994555116.13$8,952
Jul 1994749117.56$13,152
Jun 1994563117.09$9,622
May 1994570115.88$9,052
Apr 1994759114.14$10,732
Mar 1994571112.46$7,115
Feb 1994572112.50$7,150
Jan 1994734112.66$9,292
Dec 1993572112.33$7,053
Nov 1993571114.49$8,274
Oct 1993753115.85$11,935
Sep 1993565115.03$8,492
Aug 1993750115.66$11,745
Jul 1993554115.46$8,565
Jun 1993721116.79$12,106
May 1993561117.68$9,918
Apr 1993757118.05$13,664
Mar 1993723118.14$13,115
Feb 1993568117.90$10,167
Jan 1993766116.93$12,968

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.

Mar 2026 — as filed, then multipliedworked
Oil                   85 bbl  × $ 89.75 =     $7,629
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $7,629

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. 09/O/27854 is the state's own key, not one this site invented.