LEDBETTER, D.

Operated by 4-SIGHT OPERATING COMPANY, LTD. (P-5 403077) 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 7340District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$54 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 2,264 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
OilDisposition19,776 bbl$1,063,125
Casinghead gasProduction21 Mcf$0
Total$1,063,125

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.

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 20261480106.413.05$15,749
Apr 20260098.932.87$0
Mar 202690089.753.15$8,078
Feb 20260063.503.75$0
Jan 2026172059.138.00$10,170
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025160059.383.30$9,501
Sep 20250062.743.08$0
Aug 2025160063.933.01$10,229
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025151060.553.23$9,143
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 2025149070.884.34$10,561
Jan 20250074.324.28$0
Dec 2024162068.993.12$11,176
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024163075.632.06$12,328
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024168078.812.20$13,240
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024166076.091.78$12,631
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 2023160077.892.81$12,462
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023159080.522.67$12,803
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023166070.622.23$11,723
Apr 20230078.122.24$0
Mar 2023153072.852.39$11,146
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022167076.415.73$12,760
Nov 20220085.005.65$0
Oct 2022182087.185.86$15,867
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20221650101.587.54$16,761
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221710108.885.08$18,618
Feb 20220091.054.86$0
Jan 2022168081.844.54$13,749
Dec 20210071.323.90$0
Nov 2021181077.435.24$14,015
Oct 20210079.795.71$0
Sep 2021177069.865.35$12,365
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021185069.493.38$12,856
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 2020176044.642.68$7,857
Nov 20200038.772.71$0
Oct 2020178036.972.48$6,581
Sep 20200037.091.99$0
Aug 2020178039.982.39$7,116
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020168016.921.81$2,843
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020168049.881.98$8,380
Jan 20200057.252.09$0
Dec 2019160059.012.30$9,442
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019160055.052.66$8,808
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019156052.782.49$8,234
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 2019165050.852.79$8,390
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018184052.934.24$9,739
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018181059.403.07$10,751
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018177065.382.90$11,572
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018179061.782.77$11,059
Jan 20180062.874.01$0
Dec 2017179057.272.92$10,251
Nov 20170055.423.12$0
Oct 2017180049.292.98$8,872
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017179043.873.09$7,853
Jun 20170042.493.09$0
May 2017179045.373.26$8,121
Apr 20170047.933.21$0
Mar 2017179046.772.98$8,372
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016179048.763.72$8,728
Nov 20160042.492.64$0
Oct 2016177046.193.09$8,176
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016179041.622.92$7,450
Jun 2016179045.352.69$8,118
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016161027.352.36$4,403
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015178043.552.43$7,752
Sep 20150042.992.76$0
Aug 2015175040.162.87$7,028
Jul 20150048.152.95$0
Jun 2015180056.152.88$10,107
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015179042.892.93$7,677
Feb 20150044.662.98$0
Jan 2015182043.433.10$7,904
Dec 20140054.693.59$0
Nov 2014176070.464.25$12,401
Oct 2014180078.303.90$14,094
Sep 20140086.164.05$0
Aug 2014175089.394.04$15,643
Jul 2014174096.564.18$16,801
Jun 20140098.164.74$0
May 2014178094.734.73$16,862
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 2013173097.423.78$16,854
Sep 201300104.113.72$0
Aug 20131700104.253.52$17,723
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013166094.834.15$15,742
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 2012173089.383.40$15,463
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012160079.822.52$12,771
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012156098.092.73$15,302
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011149083.623.99$12,459
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011147098.134.40$14,425
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011156086.504.59$13,494
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010158072.633.98$11,476
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010150070.364.91$10,554
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010165073.585.44$12,141
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 2009142074.593.75$10,592
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009160061.133.46$9,781
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009177046.773.59$8,278
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008173055.496.86$9,600
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 20081890131.0811.39$24,774
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008172092.538.77$15,915
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007154091.677.29$14,117
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007179069.066.39$12,362
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 2007171059.617.81$10,193
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006173056.656.92$9,800
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 2006148060.085.04$8,892
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006153066.016.42$10,100
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 2006163057.597.75$9,387
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005155054.6910.59$8,477
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005159061.519.80$9,780
Jul 20050055.697.84$0
Jun 2005172052.337.38$9,001
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004145034.365.53$4,982
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 2003180029.765.13$5,357
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003164031.146.10$5,107
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002162026.914.85$4,359
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002165025.963.16$4,283
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 2002160024.663.58$3,946
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002174017.172.38$2,988
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001173024.262.25$4,197
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001148024.563.82$3,635
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001181027.755.77$5,023
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000173031.235.15$5,403
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 2000165029.304.40$4,835
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 2000175027.622.73$4,834
Jan 2000173025.272.48$4,372
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 1999144015.792.32$2,274
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999177010.381.90$1,837
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998179012.592.08$2,254
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998159012.802.31$2,035
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997176016.322.41$2,872
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 1997121017.582.25$2,127
Jun 19970017.242.26$0
May 1997165018.972.31$3,130
Apr 1997173017.882.08$3,093
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996178021.97$3,911
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 1996163019.55$3,187
Jun 19960018.73$0
May 19960019.43$0
Apr 1996164021.51$3,528
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995177017.19$3,043
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995154016.18$2,492
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 1995182017.56$3,196
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 1995161015.92$2,563
Dec 19940015.03$0
Nov 19940015.90$0
Oct 1994173015.58$2,695
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 1994184115.88$2,922
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 1994172112.66$2,178
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993195115.03$2,931
Aug 1993177115.66$2,772
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
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.

May 2026 — as filed, then multipliedworked
Oil                  148 bbl  × $106.41 =    $15,749
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $15,749

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. 6E/O/7340 is the state's own key, not one this site invented.