MONTGOMERY, R. "5"

Operated by PETEX (P-5 659782) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31365District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$5.4 M
Sep 2007 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
225
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition77,286 bbl$5,437,703
Casinghead gasProduction198 Mcf$1,371
Total$5,439,074

Every month this lease reported (225)

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

225 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 2025167059.383.30$9,916
Sep 20250062.743.08$0
Aug 2025171063.933.01$10,932
Jul 2025316066.743.32$21,090
Jun 2025164066.483.13$10,903
May 2025338060.553.23$20,466
Apr 2025182062.363.54$11,350
Mar 2025171067.704.27$11,577
Feb 2025333070.884.34$23,603
Jan 2025172074.324.28$12,783
Dec 2024340068.993.12$23,457
Nov 2024171069.052.20$11,808
Oct 2024351071.372.28$25,051
Sep 2024179069.612.36$12,460
Aug 2024245075.632.06$18,529
Jul 2024166079.932.15$13,268
Jun 2024359078.082.63$28,031
May 2024171078.812.20$13,477
Apr 2024316084.451.66$26,686
Mar 2024179080.301.55$14,374
Feb 2024353076.091.78$26,860
Jan 2024174073.023.30$12,705
Dec 2023344071.262.61$24,513
Nov 2023178077.892.81$13,864
Oct 2023343085.443.09$29,306
Sep 2023172089.042.74$15,315
Aug 2023335080.522.67$26,974
Jul 2023171074.852.64$12,799
Jun 2023349068.962.26$24,067
May 2023183070.622.23$12,923
Apr 2023368078.122.24$28,748
Mar 2023176072.852.39$12,822
Feb 2023366075.112.47$27,490
Jan 2023174076.533.39$13,316
Dec 2022340076.415.73$25,979
Nov 2022347085.005.65$29,495
Oct 2022180087.185.86$15,692
Sep 2022168084.888.16$14,260
Aug 2022339094.529.13$32,042
Jul 20221840101.587.54$18,691
Jun 20223380115.097.98$38,900
May 20223530109.378.43$38,608
Apr 20221660104.226.84$17,301
Mar 20223550108.885.08$38,652
Feb 2022179091.054.86$16,298
Jan 2022360081.844.54$29,462
Dec 2021356071.323.90$25,390
Nov 2021181077.435.24$14,015
Oct 2021352079.795.71$28,086
Sep 2021336069.865.35$23,473
Aug 2021171066.024.22$11,289
Jul 2021349070.783.98$24,702
Jun 2021356069.493.38$24,738
May 2021365063.483.02$23,170
Apr 2021177060.362.76$10,684
Mar 2021348061.302.72$21,332
Feb 2021357057.805.55$20,635
Jan 2021349050.412.81$17,593
Dec 2020360044.642.68$16,070
Nov 2020172038.772.71$6,668
Oct 2020357036.972.48$13,198
Sep 2020176037.091.99$6,528
Aug 2020350039.982.39$13,993
Jul 2020366038.371.83$14,043
Jun 2020350034.901.69$12,215
May 2020173016.921.81$2,927
Apr 2020358014.751.80$5,281
Mar 2020172030.341.86$5,218
Feb 2020368049.881.98$18,356
Jan 2020168057.252.09$9,618
Dec 2019361059.012.30$21,303
Nov 2019255055.302.75$14,102
Oct 2019343053.472.42$18,340
Sep 2019172055.052.66$9,469
Aug 2019343053.112.30$18,217
Jul 2019345056.272.46$19,413
Jun 2019345052.782.49$18,209
May 2019345058.482.74$20,176
Apr 2019180062.632.75$11,273
Mar 2019330056.803.06$18,744
Feb 2019350050.852.79$17,798
Jan 2019353046.033.23$16,249
Dec 2018350046.594.19$16,307
Nov 2018353052.934.24$18,684
Oct 2018229061.443.40$14,070
Sep 2018172059.543.11$10,241
Aug 2018349059.403.07$20,731
Jul 2018354065.142.93$23,060
Jun 2018177060.183.08$10,652
May 2018355065.382.90$23,210
Apr 2018360063.842.90$22,982
Mar 2018360061.222.79$22,039
Feb 2018362061.782.77$22,364
Jan 2018366062.874.01$23,010
Dec 2017362057.272.92$20,732
Nov 2017181055.423.12$10,031
Oct 2017368049.292.98$18,139
Sep 2017357047.523.09$16,965
Aug 2017356045.373.00$16,152
Jul 2017359043.873.09$15,749
Jun 2017358042.493.09$15,211
May 2017359045.373.26$16,288
Apr 2017364047.933.21$17,447
Mar 2017358046.772.98$16,744
Feb 2017359050.452.95$18,112
Jan 2017359049.413.42$17,738
Dec 2016353048.763.72$17,212
Nov 2016360042.492.64$15,296
Oct 2016357046.193.09$16,490
Sep 2016349041.553.10$14,501
Aug 2016346041.442.92$14,338
Jul 2016346041.622.92$14,401
Jun 2016359045.352.69$16,281
May 2016357042.521.99$15,180
Apr 2016363036.561.99$13,271
Mar 2016540033.011.79$17,825
Feb 2016365026.472.06$9,662
Jan 2016340027.352.36$9,299
Dec 2015515032.362.00$16,665
Nov 2015352038.792.17$13,654
Oct 2015361043.552.43$15,722
Sep 2015353042.992.76$15,175
Aug 2015364040.162.87$14,618
Jul 2015357048.152.95$17,190
Jun 2015351056.152.88$19,709
May 2015364055.212.96$20,096
Apr 2015536049.822.71$26,704
Mar 2015366042.892.93$15,698
Feb 2015356044.662.98$15,899
Jan 2015349043.433.10$15,157
Dec 2014537054.693.59$29,369
Nov 2014366070.464.25$25,788
Oct 2014354078.303.90$27,718
Sep 2014347086.164.05$29,898
Aug 2014517089.394.04$46,215
Jul 2014350096.564.18$33,796
Jun 2014353098.164.74$34,650
May 2014502094.734.73$47,554
Apr 2014181095.944.81$17,365
Mar 2014536095.895.06$51,397
Feb 2014177097.406.19$17,240
Jan 2014539090.404.86$48,726
Dec 2013366091.824.35$33,606
Nov 2013354088.853.74$31,453
Oct 2013331097.423.78$32,246
Sep 20133570104.113.72$37,167
Aug 20135350104.253.52$55,774
Jul 20133590102.523.72$36,805
Jun 2013359094.403.93$33,890
May 2013362094.834.15$34,328
Apr 2013536093.964.28$50,363
Mar 2013530093.623.91$49,619
Feb 2013174091.233.42$15,874
Jan 2013542091.603.42$49,647
Dec 2012342086.773.42$29,675
Nov 2012517086.953.62$44,953
Oct 2012343089.383.40$30,657
Sep 2012543094.672.92$51,406
Aug 2012365092.662.91$33,821
Jul 2012532085.133.02$45,289
Jun 2012353079.822.52$28,176
May 2012357091.612.49$32,705
Apr 20125150101.652.00$52,350
Mar 20125250105.052.22$55,151
Feb 20123670101.102.57$37,104
Jan 2012540098.092.73$52,969
Dec 2011358096.873.24$34,679
Nov 2011538095.723.31$51,497
Oct 2011362084.983.65$30,763
Sep 2011524083.623.99$43,817
Aug 2011507083.404.15$42,284
Jul 2011347094.144.52$32,667
Jun 2011541092.904.64$50,259
May 2011532098.134.40$52,205
Apr 20115150105.964.33$54,569
Mar 2011512096.364.06$49,336
Feb 2011342085.644.18$29,289
Jan 2011521086.504.59$45,067
Dec 2010514085.734.35$44,065
Nov 2010515080.843.80$41,633
Oct 2010519078.103.51$40,534
Sep 2010522072.633.98$37,913
Aug 2010518073.684.42$38,166
Jul 2010511072.554.74$37,073
Jun 2010685070.364.91$48,197
May 2010347071.124.24$24,679
Apr 2010723081.694.12$59,062
Mar 2010525078.394.39$41,155
Feb 2010520073.585.44$38,262
Jan 2010526074.365.96$39,113
Dec 2009514071.445.48$36,720
Nov 2009531074.593.75$39,607
Oct 2009524072.544.11$38,011
Sep 2009525065.543.06$34,409
Aug 2009695067.423.22$46,857
Jul 2009521061.133.46$31,849
Jun 2009692066.163.90$45,783
May 2009522054.743.93$28,574
Apr 2009696046.773.59$32,552
Mar 2009530042.144.06$22,334
Feb 2009699032.814.63$22,934
Jan 2009694035.865.37$24,887
Dec 2008700037.105.98$25,970
Nov 2008348055.496.86$19,311
Oct 2008165075.246.92$12,415
Sep 20081700101.767.88$17,299
Aug 20081790114.228.48$20,445
Jul 20081740131.0811.39$22,808
Jun 20083520131.3313.03$46,228
May 20083330123.1711.57$41,016
Apr 20088370110.3110.45$92,329
Mar 20081680101.909.66$17,119
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007204088.337.30$18,019
Nov 2007345091.677.29$31,626
Oct 2007019882.856.92$1,371
Sep 200720075.846.24$1,517

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.

Oct 2025 — as filed, then multipliedworked
Oil                  167 bbl  × $ 59.38 =     $9,916
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                   $9,916

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/31365 is the state's own key, not one this site invented.