UTZMAN ESTATE

Operated by SIGNAL OIL COMPANY, LLC (P-5 780323) 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 7259District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$643 k
Jan 1993 – May 2022
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
353
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
OilDisposition15,869 bbl$642,865
Casinghead gasProduction22 Mcf$0
Total$642,865

22 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.

Every month this lease reported (353)

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

353 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20227580108.885.08$82,531
Feb 20220091.054.86$0
Jan 2022501081.844.54$41,002
Dec 2021101071.323.90$7,203
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 20170045.373.26$0
Apr 20170047.933.21$0
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 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 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
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 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
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 2009183074.593.75$13,650
Oct 20090072.544.11$0
Sep 2009161065.543.06$10,552
Aug 20090067.423.22$0
Jul 2009181061.133.46$11,065
Jun 20090066.163.90$0
May 2009167054.743.93$9,142
Apr 20090046.773.59$0
Mar 2009162042.144.06$6,827
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008182037.105.98$6,752
Nov 2008188055.496.86$10,432
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081660131.0811.39$21,759
Jun 200800131.3313.03$0
May 20081620123.1711.57$19,954
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008176092.538.77$16,285
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007167091.677.29$15,309
Oct 20070082.856.92$0
Sep 2007184075.846.24$13,955
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007168062.007.55$10,416
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007161056.927.30$9,164
Feb 20070055.108.22$0
Jan 2007162050.306.73$8,149
Dec 20060056.656.92$0
Nov 2006185054.207.62$10,027
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006155068.717.34$10,650
Jul 20060069.376.34$0
Jun 2006177066.286.38$11,732
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006171056.707.08$9,696
Feb 20060057.597.75$0
Jan 2006159060.598.93$9,634
Dec 20050054.9413.42$0
Nov 2005186054.6910.59$10,172
Oct 20050058.3413.80$0
Sep 2005156061.4512.08$9,586
Aug 2005185061.519.80$11,379
Jul 2005169055.697.84$9,412
Jun 200567052.337.38$3,506
May 20050045.226.65$0
Apr 2005144049.207.36$7,085
Mar 2005192050.377.15$9,671
Feb 20050045.226.31$0
Jan 2005130043.166.32$5,611
Dec 2004162039.866.75$6,457
Nov 2004184045.286.33$8,332
Oct 20040049.706.52$0
Sep 2004122043.245.28$5,275
Aug 2004125042.375.55$5,296
Jul 20040038.286.08$0
Jun 2004128036.106.43$4,621
May 20040037.486.49$0
Apr 2004128034.475.86$4,412
Mar 20040034.365.53$0
Feb 2004130032.455.51$4,219
Jan 20040032.036.30$0
Dec 2003127030.266.30$3,843
Nov 20030028.804.60$0
Oct 2003133028.174.76$3,747
Sep 2003131026.314.75$3,447
Aug 2003130029.765.13$3,869
Jul 2003126029.415.17$3,706
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003103031.146.10$3,207
Feb 2003102033.487.93$3,415
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 200291026.464.23$2,408
Sep 2002129027.443.64$3,540
Aug 20020025.963.16$0
Jul 2002121024.583.06$2,974
Jun 20020023.733.34$0
May 2002118024.663.58$2,910
Apr 2002128023.653.51$3,027
Mar 20020022.003.10$0
Feb 2002131018.222.38$2,387
Jan 20020017.172.38$0
Dec 2001127016.932.36$2,150
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001125024.262.25$3,033
Aug 20010024.873.05$0
Jul 2001125023.933.20$2,991
Jun 2001117024.563.82$2,874
May 2001111025.524.31$2,833
Apr 2001110024.685.34$2,715
Mar 20010024.545.38$0
Feb 200146027.755.77$1,277
Jan 20010027.478.40$0
Dec 200058026.889.12$1,559
Nov 2000177032.215.66$5,701
Oct 20000031.235.15$0
Sep 2000112031.875.19$3,569
Aug 20000029.644.54$0
Jul 2000105028.534.09$2,996
Jun 2000100029.304.40$2,930
May 20000027.263.68$0
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 19990020.982.80$0
Sep 19990021.752.62$0
Aug 1999114019.262.88$2,196
Jul 1999111017.892.37$1,986
Jun 1999114015.942.36$1,817
May 1999115015.792.32$1,816
Apr 1999102015.102.21$1,540
Mar 1999116012.471.84$1,447
Feb 199911309.981.82$1,128
Jan 19990010.381.90$0
Dec 199811509.201.77$1,058
Nov 1998120010.892.19$1,307
Oct 1998119012.421.97$1,478
Sep 1998116012.592.08$1,460
Aug 1998229011.301.91$2,588
Jul 1998121011.742.24$1,421
Jun 1998117011.242.24$1,315
May 1998119012.622.21$1,502
Apr 1998121013.042.51$1,578
Mar 1998112012.802.31$1,434
Feb 1998117013.952.30$1,632
Jan 1998204014.702.15$2,999
Dec 199790016.322.41$1,469
Nov 19970018.193.09$0
Oct 1997100019.253.15$1,925
Sep 1997107017.742.95$1,898
Aug 1997116017.862.55$2,072
Jul 19970017.582.25$0
Jun 1997115017.242.26$1,983
May 1997117018.972.31$2,219
Apr 19970017.882.08$0
Mar 1997180018.951.94$3,411
Feb 19970020.492.21$0
Jan 1997115023.483.54$2,700
Dec 19960023.32$0
Nov 199682021.97$1,802
Oct 199693023.31$2,168
Sep 199684022.22$1,866
Aug 199691020.26$1,844
Jul 199673019.55$1,427
Jun 19960018.73$0
May 19960019.43$0
Apr 199653021.51$1,140
Mar 199671019.38$1,376
Feb 19960016.98$0
Jan 1996117017.07$1,997
Dec 19950017.19$0
Nov 1995101016.00$1,616
Oct 19950015.43$0
Sep 199558016.18$938
Aug 199563015.92$1,003
Jul 199567015.24$1,021
Jun 199559016.41$968
May 199570017.56$1,229
Apr 199562017.73$1,099
Mar 199584016.44$1,381
Feb 199554016.58$895
Jan 1995119015.92$1,894
Dec 19940015.03$0
Nov 1994131015.90$2,083
Oct 19940015.58$0
Sep 19940115.29$0
Aug 199460116.13$968
Jul 1994133117.56$2,335
Jun 19940117.09$0
May 1994105115.88$1,667
Apr 1994133114.14$1,881
Mar 19940112.46$0
Feb 19940212.50$0
Jan 199489112.66$1,127
Dec 1993124112.33$1,529
Nov 19930114.49$0
Oct 1993132115.85$2,092
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993118115.46$1,824
Jun 19930116.79$0
May 199381117.68$1,432
Apr 199399118.05$1,787
Mar 19930118.14$0
Feb 199360117.90$1,074
Jan 19930116.93$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.

Mar 2022 — as filed, then multipliedworked
Oil                  758 bbl  × $108.88 =    $82,531
Casinghead gas         0 Mcf  × $  5.08 =         $0

────────────────────────────────────────────────────
Month total                                  $82,531

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/7259 is the state's own key, not one this site invented.