MORSE, L. B.

Operated by EMBASSY WELL SERVICE, LLC (P-5 250943) 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 8068District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$590 k
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
OilDisposition13,710 bbl$589,685
Casinghead gasProduction1,875 Mcf$284
Total$589,969

1,771 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 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 201165084.983.65$5,524
Sep 201158083.623.99$4,850
Aug 201151083.404.15$4,253
Jul 201135094.144.52$3,295
Jun 201135092.904.64$3,252
May 201149098.134.40$4,808
Apr 2011400105.964.33$4,238
Mar 201169096.364.06$6,649
Feb 20110085.644.18$0
Jan 201172086.504.59$6,228
Dec 201065085.734.35$5,572
Nov 201060080.843.80$4,850
Oct 201071078.103.51$5,545
Sep 201060072.633.98$4,358
Aug 201079073.684.42$5,821
Jul 201080072.554.74$5,804
Jun 201042070.364.91$2,955
May 201058071.124.24$4,125
Apr 201042081.694.12$3,431
Mar 201049078.394.39$3,841
Feb 201045073.585.44$3,311
Jan 201045074.365.96$3,346
Dec 200940071.445.48$2,858
Nov 200981074.593.75$6,042
Oct 200969072.544.11$5,005
Sep 200987065.543.06$5,702
Aug 200980067.423.22$5,394
Jul 200973061.133.46$4,462
Jun 200966066.163.90$4,367
May 200995054.743.93$5,200
Apr 2009153046.773.59$7,156
Mar 20090042.144.06$0
Feb 200976032.814.63$2,494
Jan 200988035.865.37$3,156
Dec 200880037.105.98$2,968
Nov 200875055.496.86$4,162
Oct 200885075.246.92$6,395
Sep 2008710101.767.88$7,225
Aug 200800114.228.48$0
Jul 2008730131.0811.39$9,569
Jun 2008680131.3313.03$8,930
May 2008710123.1711.57$8,745
Apr 2008940110.3110.45$10,369
Mar 2008780101.909.66$7,948
Feb 200858092.538.77$5,367
Jan 200858090.388.21$5,242
Dec 200784088.337.30$7,420
Nov 200755091.677.29$5,042
Oct 200779082.856.92$6,545
Sep 200793075.846.24$7,053
Aug 200784069.066.39$5,801
Jul 200795070.906.39$6,736
Jun 200787062.007.55$5,394
May 200791058.747.85$5,345
Apr 200776059.617.81$4,530
Mar 200787056.927.30$4,952
Feb 2007103055.108.22$5,675
Jan 2007102050.306.73$5,131
Dec 200694056.656.92$5,325
Nov 200695054.207.62$5,149
Oct 2006119054.906.01$6,533
Sep 2006100060.085.04$6,008
Aug 2006111068.717.34$7,627
Jul 2006104069.376.34$7,214
Jun 2006118066.286.38$7,821
May 2006115066.016.42$7,591
Apr 2006137064.397.36$8,821
Mar 2006118056.707.08$6,691
Feb 2006135057.597.75$7,775
Jan 2006106060.598.93$6,423
Dec 20050054.9413.42$0
Nov 2005104054.6910.59$5,688
Oct 2005109058.3413.80$6,359
Sep 2005168061.4512.08$10,324
Aug 20050061.519.80$0
Jul 200574055.697.84$4,121
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200572049.207.36$3,542
Mar 2005108050.377.15$5,440
Feb 20050045.226.31$0
Jan 200564043.166.32$2,762
Dec 200482039.866.75$3,269
Nov 200450045.286.33$2,264
Oct 200447049.706.52$2,336
Sep 20040043.245.28$0
Aug 200485042.375.55$3,601
Jul 200481038.286.08$3,101
Jun 20040036.106.43$0
May 200452037.486.49$1,949
Apr 200475034.475.86$2,585
Mar 2004133034.365.53$4,570
Feb 200479032.455.51$2,564
Jan 2004156032.036.30$4,997
Dec 20030030.266.30$0
Nov 2003100028.804.60$2,880
Oct 2003113028.174.76$3,183
Sep 200397026.314.75$2,552
Aug 200390029.765.13$2,678
Jul 2003157029.415.17$4,617
Jun 2003114028.565.98$3,256
May 2003131026.595.97$3,483
Apr 200390026.675.41$2,400
Mar 2003116031.146.10$3,612
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
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 200161019.782.53$1,207
Sep 200187024.262.25$2,111
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001144024.685.34$3,554
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 200057026.889.12$1,532
Nov 2000166032.215.66$5,347
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000152027.263.68$4,144
Apr 20000024.513.12$0
Mar 2000602028.422.86$17,109
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 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
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 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997184019.253.15$3,542
Sep 19970317.742.95$9
Aug 19970217.862.55$5
Jul 19970917.582.25$20
Jun 19970417.242.26$9
May 19971623018.972.31$3,142
Apr 19970417.882.08$8
Mar 19970018.951.94$0
Feb 199701620.492.21$35
Jan 1997643623.483.54$1,630
Dec 19961261323.32$2,938
Nov 199603021.97$0
Oct 19961312623.31$3,054
Sep 199601222.22$0
Aug 1996812920.26$1,641
Jul 19961104119.55$2,151
Jun 19961162718.73$2,173
May 199676019.43$1,477
Apr 199696021.51$2,065
Mar 1996165419.38$3,198
Feb 199607916.98$0
Jan 19960517.07$0
Dec 19950517.19$0
Nov 19950916.00$0
Oct 19950415.43$0
Sep 199501416.18$0
Aug 19950415.92$0
Jul 199501115.24$0
Jun 199501516.41$0
May 1995173617.56$3,038
Apr 19950017.73$0
Mar 199501016.44$0
Feb 199501716.58$0
Jan 199503315.92$0
Dec 19941874515.03$2,811
Nov 199406215.90$0
Oct 19941844315.58$2,867
Sep 19942055615.29$3,134
Aug 199405216.13$0
Jul 19941759417.56$3,073
Jun 199407917.09$0
May 19941875615.88$2,970
Apr 199405614.14$0
Mar 19941596212.46$1,981
Feb 19941853812.50$2,313
Jan 199406712.66$0
Dec 19931896512.33$2,330
Nov 19930114.49$0
Oct 19931857215.85$2,932
Sep 19932016615.03$3,021
Aug 19931815015.66$2,834
Jul 19931767315.46$2,721
Jun 199307316.79$0
May 19931556017.68$2,740
Apr 19931955018.05$3,520
Mar 19931826118.14$3,301
Feb 19931895017.90$3,383
Jan 19931984616.93$3,352

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 2011 — as filed, then multipliedworked
Oil                   65 bbl  × $ 84.98 =     $5,524
Casinghead gas         0 Mcf  × $  3.65 =         $0

────────────────────────────────────────────────────
Month total                                   $5,524

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/8068 is the state's own key, not one this site invented.