HEARD

Operated by JUST OIL & GAS, INC. (P-5 448220) in the Y-B (GUNSIGHT, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31794District 09Field 99168500OilSaveExport
Value, all time
$2.6 M
Jan 2011 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
185
no gaps in the span
Streams
1
oil

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 18 leases and 89 wells, and the rule below applies to all of them.

Discovered
1953-11-21
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
OilDisposition33,691 bbl$2,602,861
Total$2,602,861

Wells on this lease (6)

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 33.3648, -98.8484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

33.36671, -98.84531 · 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 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
1,290 ft
6 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.
6100.0%

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

Between 1,249 and 1,698 ft, median 1,290 ft, over the 6 wells that filed a depth.

Completions filed
Jan 2011 – Aug 2013
6 of 6 wells

6 wells

42-50342029111,295 ftAug 2013
42-50302060101,698 ftNov 2012
42-5034185371,249 ftJun 2012
42-5034185161,249 ftJun 2012
42-5034179041,310 ftJan 2011
42-5034177831,284 ftJan 2011

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 (185)

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

185 months

May 20260106.413.05$0
Apr 20264898.932.87$4,749
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 202512963.933.01$8,247
Jul 2025066.743.32$0
Jun 20252866.483.13$1,861
May 2025060.553.23$0
Apr 20256162.363.54$3,804
Mar 2025067.704.27$0
Feb 202511170.884.34$7,868
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 20248869.052.20$6,076
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 20245575.632.06$4,160
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 20246880.301.55$5,460
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 20234971.262.61$3,492
Nov 202316077.892.81$12,462
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 20235080.522.67$4,026
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 202317170.622.23$12,076
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 20236175.112.47$4,582
Jan 20235876.533.39$4,439
Dec 202210076.415.73$7,641
Nov 20228985.005.65$7,565
Oct 2022087.185.86$0
Sep 20228984.888.16$7,554
Aug 20229794.529.13$9,168
Jul 2022167101.587.54$16,964
Jun 20220115.097.98$0
May 202267109.378.43$7,328
Apr 202293104.226.84$9,692
Mar 202292108.885.08$10,017
Feb 20228591.054.86$7,739
Jan 20229681.844.54$7,857
Dec 202116771.323.90$11,910
Nov 202116777.435.24$12,931
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 20214970.783.98$3,468
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 20215360.362.76$3,199
Mar 20218661.302.72$5,272
Feb 2021057.805.55$0
Jan 20218150.412.81$4,083
Dec 20202944.642.68$1,295
Nov 202012638.772.71$4,885
Oct 2020036.972.48$0
Sep 20206637.091.99$2,448
Aug 202011039.982.39$4,398
Jul 20204638.371.83$1,765
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 202010614.751.80$1,564
Mar 2020030.341.86$0
Feb 202012049.881.98$5,986
Jan 202017757.252.09$10,133
Dec 20194759.012.30$2,773
Nov 201917755.302.75$9,788
Oct 201917653.472.42$9,411
Sep 2019055.052.66$0
Aug 20194053.112.30$2,124
Jul 2019056.272.46$0
Jun 20197552.782.49$3,959
May 20199158.482.74$5,322
Apr 201912462.632.75$7,766
Mar 201922556.803.06$12,780
Feb 2019050.852.79$0
Jan 20192246.033.23$1,013
Dec 201810746.594.19$4,985
Nov 201814152.934.24$7,463
Oct 201819561.443.40$11,981
Sep 2018059.543.11$0
Aug 201817459.403.07$10,336
Jul 201812365.142.93$8,012
Jun 2018060.183.08$0
May 201813265.382.90$8,630
Apr 201814663.842.90$9,321
Mar 201811961.222.79$7,285
Feb 201816361.782.77$10,070
Jan 201817562.874.01$11,002
Dec 201716957.272.92$9,679
Nov 201717555.423.12$9,699
Oct 2017049.292.98$0
Sep 201717147.523.09$8,126
Aug 201717345.373.00$7,849
Jul 201717443.873.09$7,633
Jun 201717442.493.09$7,393
May 201717345.373.26$7,849
Apr 201716847.933.21$8,052
Mar 2017046.772.98$0
Feb 201718350.452.95$9,232
Jan 201718149.413.42$8,943
Dec 201617848.763.72$8,679
Nov 201618142.492.64$7,691
Oct 201618246.193.09$8,407
Sep 201617341.553.10$7,188
Aug 201617941.442.92$7,418
Jul 201618041.622.92$7,492
Jun 201617945.352.69$8,118
May 201617942.521.99$7,611
Apr 201618136.561.99$6,617
Mar 201617333.011.79$5,711
Feb 201629026.472.06$7,676
Jan 201617927.352.36$4,896
Dec 201518132.362.00$5,857
Nov 201537138.792.17$14,391
Oct 2015043.552.43$0
Sep 201535442.992.76$15,218
Aug 201517740.162.87$7,108
Jul 201539548.152.95$19,019
Jun 201517956.152.88$10,051
May 201534655.212.96$19,103
Apr 201523749.822.71$11,807
Mar 201535542.892.93$15,226
Feb 201535244.662.98$15,720
Jan 201535743.433.10$15,505
Dec 201436054.693.59$19,688
Nov 201453270.464.25$37,485
Oct 201435378.303.90$27,640
Sep 201435386.164.05$30,414
Aug 201452289.394.04$46,662
Jul 201452996.564.18$51,080
Jun 201452598.164.74$51,534
May 201446094.734.73$43,576
Apr 201470795.944.81$67,830
Mar 201454695.895.06$52,356
Feb 201455297.406.19$53,765
Jan 201472290.404.86$65,269
Dec 201388891.824.35$81,536
Nov 201353588.853.74$47,535
Oct 201370797.423.78$68,876
Sep 2013686104.113.72$71,419
Aug 2013524104.253.52$54,627
Jul 2013513102.523.72$52,593
Jun 201316894.403.93$15,859
May 201347394.834.15$44,855
Apr 201335993.964.28$33,732
Mar 201335593.623.91$33,235
Feb 201333591.233.42$30,562
Jan 201343091.603.42$39,388
Dec 201244686.773.42$38,699
Nov 201235086.953.62$30,433
Oct 201234089.383.40$30,389
Sep 201243394.672.92$40,992
Aug 201245092.662.91$41,697
Jul 201259085.133.02$50,227
Jun 201244079.822.52$35,121
May 201235291.612.49$32,247
Apr 2012349101.652.00$35,476
Mar 2012341105.052.22$35,822
Feb 2012262101.102.57$26,488
Jan 201235298.092.73$34,528
Dec 201134996.873.24$33,808
Nov 201133695.723.31$32,162
Oct 201116084.983.65$13,597
Sep 201140383.623.99$33,699
Aug 201133783.404.15$28,106
Jul 201133994.144.52$31,913
Jun 201151792.904.64$48,029
May 201133198.134.40$32,481
Apr 2011353105.964.33$37,404
Mar 201134496.364.06$33,148
Feb 201113785.644.18$11,733
Jan 2011086.504.59$0

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.

Apr 2026 — as filed, then multipliedworked
Oil                   48 bbl  × $ 98.93 =     $4,749

────────────────────────────────────────────────────
Month total                                   $4,749

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/31794 is the state's own key, not one this site invented.