JONES

Operated by R2Q OPERATING LLC (P-5 687719) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7148District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.2 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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition51,937 bbl$1,140,303
Casinghead gasProduction15,345 Mcf$37,411
Total$1,177,714

8,559 Mcf of this lease's gas, across 45 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 20170043.873.09$0
Jun 20170042.493.09$0
May 201752045.373.26$2,359
Apr 201753047.933.21$2,540
Mar 201752046.772.98$2,432
Feb 2017100050.452.95$5,045
Jan 201798049.413.42$4,842
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 20160041.622.92$0
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 201652027.352.36$1,422
Dec 201551032.362.00$1,650
Nov 201552038.792.17$2,017
Oct 201552043.552.43$2,265
Sep 201549042.992.76$2,107
Aug 201549040.162.87$1,968
Jul 201593048.152.95$4,478
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201451054.693.59$2,789
Nov 201452070.464.25$3,664
Oct 201455078.303.90$4,307
Sep 201455086.164.05$4,739
Aug 201451089.394.04$4,559
Jul 201451096.564.18$4,925
Jun 201429098.164.74$2,847
May 2014100094.734.73$9,473
Apr 20140095.944.81$0
Mar 201457095.895.06$5,466
Feb 201457097.406.19$5,552
Jan 201457090.404.86$5,153
Dec 201352091.824.35$4,775
Nov 201355088.853.74$4,887
Oct 201356097.423.78$5,456
Sep 2013420104.113.72$4,373
Aug 2013330104.253.52$3,440
Jul 2013790102.523.72$8,099
Jun 201354094.403.93$5,098
May 20130094.834.15$0
Apr 201359093.964.28$5,544
Mar 201389093.623.91$8,332
Feb 20130091.233.42$0
Jan 201362091.603.42$5,679
Dec 201287086.773.42$7,549
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 200901474.593.75$53
Oct 2009706172.544.11$5,329
Sep 2009846965.543.06$5,717
Aug 200903867.423.22$122
Jul 20091055061.133.46$6,592
Jun 2009716166.163.90$4,935
May 200903654.743.93$141
Apr 2009978946.773.59$4,856
Mar 20091109442.144.06$5,017
Feb 200903432.814.63$158
Jan 200906335.865.37$338
Dec 20082048337.105.98$8,065
Nov 2008012655.496.86$864
Oct 200810812575.246.92$8,991
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 2008011131.3313.03$143
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007011982.856.92$824
Sep 2007104075.846.24$7,887
Aug 200710312369.066.39$7,899
Jul 2007010170.906.39$645
Jun 200701062.007.55$75
May 2007948558.747.85$6,188
Apr 200704659.617.81$359
Mar 20077310356.927.30$4,907
Feb 2007915455.108.22$5,458
Jan 200704750.306.73$316
Dec 200611910256.656.92$7,447
Nov 20061039854.207.62$6,329
Oct 200610910354.906.01$6,604
Sep 20061039760.085.04$6,677
Aug 2006010268.717.34$749
Jul 200611110669.376.34$8,372
Jun 200601966.286.38$121
May 2006869666.016.42$6,294
Apr 200608264.397.36$604
Mar 20062028556.707.08$12,055
Feb 200608057.597.75$620
Jan 20061099560.598.93$7,453
Dec 200508254.9413.42$1,100
Nov 200512211554.6910.59$7,890
Oct 200501158.3413.80$152
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005010449.207.36$765
Mar 200514810650.377.15$8,213
Feb 20050045.226.31$0
Jan 20051388743.166.32$6,506
Dec 20041139439.866.75$5,139
Nov 2004011645.286.33$734
Oct 200415811549.706.52$8,602
Sep 2004010743.245.28$565
Aug 20041003642.375.55$4,437
Jul 200403538.286.08$213
Jun 200401936.106.43$122
May 200409837.486.49$636
Apr 20041809534.475.86$6,761
Mar 20041017234.365.53$3,869
Feb 200408432.455.51$463
Jan 200408432.036.30$529
Dec 20031539330.266.30$5,216
Nov 200309428.804.60$432
Oct 20031909428.174.76$5,800
Sep 200308926.314.75$423
Aug 200308929.765.13$457
Jul 200309729.415.17$502
Jun 20031689528.565.98$5,366
May 200309826.595.97$585
Apr 20031519326.675.41$4,530
Mar 200309531.146.10$579
Feb 20031808233.487.93$6,676
Jan 200306630.315.58$368
Dec 200205426.914.85$262
Nov 20021016824.664.14$2,772
Oct 20021806126.464.23$5,021
Sep 200207727.443.64$280
Aug 200208625.963.16$272
Jul 20021208724.583.06$3,216
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200130024.873.05$746
Jul 200166023.933.20$1,579
Jun 20010024.563.82$0
May 2001159025.524.31$4,058
Apr 200183024.685.34$2,048
Mar 20010024.545.38$0
Feb 200185027.755.77$2,359
Jan 20010027.478.40$0
Dec 2000107026.889.12$2,876
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000110031.875.19$3,506
Aug 20000029.644.54$0
Jul 2000120028.534.09$3,424
Jun 20000029.304.40$0
May 2000125027.263.68$3,408
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999691920.982.80$1,501
Sep 1999886721.752.62$2,089
Aug 199983219.262.88$1,604
Jul 199979217.892.37$1,418
Jun 1999936215.942.36$1,629
May 199994515.792.32$1,496
Apr 199989115.102.21$1,346
Mar 19991142712.471.84$1,471
Feb 1999114879.981.82$1,296
Jan 19991155710.381.90$1,302
Dec 1998149629.201.77$1,481
Nov 199819210310.892.19$2,316
Oct 199816610912.421.97$2,276
Sep 1998188012.592.08$2,367
Aug 199818015311.301.91$2,326
Jul 199820215911.742.24$2,727
Jun 199820218611.242.24$2,687
May 1998230012.622.21$2,903
Apr 1998246013.042.51$3,208
Mar 1998318012.802.31$4,070
Feb 1998282013.952.30$3,934
Jan 1998314014.702.15$4,616
Dec 1997370016.322.41$6,038
Nov 1997380018.193.09$6,912
Oct 1997428019.253.15$8,239
Sep 1997454017.742.95$8,054
Aug 1997573017.862.55$10,234
Jul 1997507017.582.25$8,913
Jun 1997357017.242.26$6,155
May 1997446018.972.31$8,461
Apr 1997456017.882.08$8,153
Mar 1997558018.951.94$10,574
Feb 1997473020.492.21$9,692
Jan 1997655023.483.54$15,379
Dec 1996552023.32$12,873
Nov 1996757021.97$16,631
Oct 1996741023.31$17,273
Sep 199663523022.22$14,110
Aug 19968161420.26$16,532
Jul 19968411919.55$16,442
Jun 199680919118.73$15,153
May 199676735519.43$14,903
Apr 19968278321.51$17,789
Mar 19968795119.38$17,035
Feb 19968164916.98$13,856
Jan 19968683717.07$14,817
Dec 19958696217.19$14,938
Nov 1995884916.00$14,144
Oct 19951,0379315.43$16,001
Sep 19951,07124116.18$17,329
Aug 199564516115.92$10,268
Jul 19959464415.24$14,417
Jun 199577934416.41$12,783
May 199585024217.56$14,926
Apr 199583122917.73$14,734
Mar 199584222716.44$13,842
Feb 199577720516.58$12,883
Jan 199586923315.92$13,834
Dec 199487525115.03$13,151
Nov 199483732415.90$13,308
Oct 199485025915.58$13,243
Sep 199461721115.29$9,434
Aug 19942958316.13$4,758
Jul 19943513717.56$6,164
Jun 199440019017.09$6,836
May 19941,63557915.88$25,964
Apr 199460725114.14$8,583
Mar 199461423712.46$7,650
Feb 199455523212.50$6,938
Jan 199461523412.66$7,786
Dec 199362219612.33$7,669
Nov 199359321914.49$8,593
Oct 199361019415.85$9,669
Sep 199359322415.03$8,913
Aug 199362020015.66$9,709
Jul 199360620915.46$9,369
Jun 199359520916.79$9,990
May 199359023517.68$10,431
Apr 199361618118.05$11,119
Mar 199361226418.14$11,102
Feb 199355819917.90$9,988
Jan 199361922216.93$10,480

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.

May 2017 — as filed, then multipliedworked
Oil                   52 bbl  × $ 45.37 =     $2,359
Casinghead gas         0 Mcf  × $  3.26 =         $0

────────────────────────────────────────────────────
Month total                                   $2,359

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. 6E/O/7148 is the state's own key, not one this site invented.