MILAS, BEULAH

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 8420District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$37 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
OilDisposition91,600 bbl$2,740,934
Casinghead gasProduction62,630 Mcf$176,563
Total$2,917,497

20,976 Mcf of this lease's gas, across 48 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 2026235089.753.15$21,091
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 202581063.933.01$5,178
Jul 202581066.743.32$5,406
Jun 202586066.483.13$5,717
May 202586060.553.23$5,207
Apr 2025159062.363.54$9,915
Mar 202581067.704.27$5,484
Feb 20250070.884.34$0
Jan 202582074.324.28$6,094
Dec 202481068.993.12$5,588
Nov 20240069.052.20$0
Oct 202481071.372.28$5,781
Sep 2024162069.612.36$11,277
Aug 202481075.632.06$6,126
Jul 202484079.932.15$6,714
Jun 2024162078.082.63$12,649
May 202481078.812.20$6,384
Apr 20240084.451.66$0
Mar 202476080.301.55$6,103
Feb 202470076.091.78$5,326
Jan 2024105073.023.30$7,667
Dec 202330071.262.61$2,138
Nov 20230077.892.81$0
Oct 20238410285.443.09$7,492
Sep 202338089.042.74$3,384
Aug 2023100080.522.67$8,052
Jul 20231671,04674.852.64$15,263
Jun 20238665868.962.26$7,417
May 2023013970.622.23$310
Apr 202386078.122.24$6,718
Mar 2023159072.852.39$11,583
Feb 20230075.112.47$0
Jan 202354076.533.39$4,133
Dec 202286076.415.73$6,571
Nov 20220085.005.65$0
Oct 202289087.185.86$7,759
Sep 202265084.888.16$5,517
Aug 202270094.529.13$6,616
Jul 2022860101.587.54$8,736
Jun 20221620115.097.98$18,645
May 202200109.378.43$0
Apr 2022860104.226.84$8,963
Mar 2022890108.885.08$9,690
Feb 20228610291.054.86$8,326
Jan 2022178081.844.54$14,568
Dec 2021146071.323.90$10,413
Nov 202186077.435.24$6,659
Oct 202110811179.795.71$9,252
Sep 202189069.865.35$6,218
Aug 202186066.024.22$5,678
Jul 2021173070.783.98$12,245
Jun 20210069.493.38$0
May 202186063.483.02$5,459
Apr 202186060.362.76$5,191
Mar 20210061.302.72$0
Feb 202186057.805.55$4,971
Jan 202186050.412.81$4,335
Dec 2020262044.642.68$11,696
Nov 20200038.772.71$0
Oct 202006636.972.48$164
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202086038.371.83$3,300
Jun 20208618234.901.69$3,309
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20206815630.341.86$2,353
Feb 202015114549.881.98$7,819
Jan 20208615457.252.09$5,246
Dec 20199013559.012.30$5,622
Nov 20198615555.302.75$5,182
Oct 20198615353.472.42$4,968
Sep 201917317955.052.66$9,999
Aug 20197318153.112.30$4,294
Jul 201915115856.272.46$8,885
Jun 20198417652.782.49$4,872
May 201923219558.482.74$14,102
Apr 20191018662.632.75$1,138
Mar 20198217256.803.06$5,184
Feb 2019142050.852.79$7,221
Jan 201986046.033.23$3,959
Dec 201821617246.594.19$10,783
Nov 201886152.934.24$4,556
Oct 201817513961.443.40$11,224
Sep 201881059.543.11$4,823
Aug 201814817559.403.07$9,328
Jul 201886065.142.93$5,602
Jun 20186793860.183.08$6,918
May 20187617365.382.90$5,471
Apr 2018129063.842.90$8,235
Mar 20180061.222.79$0
Feb 201870061.782.77$4,325
Jan 201843062.874.01$2,703
Dec 201773057.272.92$4,181
Nov 201776055.423.12$4,212
Oct 201788049.292.98$4,338
Sep 20170047.523.09$0
Aug 201761045.373.00$2,768
Jul 2017140043.873.09$6,142
Jun 20170042.493.09$0
May 201756045.373.26$2,541
Apr 2017102047.933.21$4,889
Mar 201797046.772.98$4,537
Feb 201754050.452.95$2,724
Jan 201779049.413.42$3,903
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 201687046.193.09$4,019
Sep 2016102041.553.10$4,238
Aug 2016151041.442.92$6,257
Jul 201649041.622.92$2,039
Jun 2016282045.352.69$12,789
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201601233.011.79$22
Feb 201601726.472.06$35
Jan 2016497627.352.36$1,520
Dec 20154912432.362.00$1,834
Nov 20154811138.792.17$2,102
Oct 2015012543.552.43$303
Sep 2015017142.992.76$472
Aug 20157218640.162.87$3,426
Jul 201515618548.152.95$8,056
Jun 2015016156.152.88$464
May 201510115155.212.96$6,022
Apr 20155414049.822.71$3,069
Mar 20158115242.892.93$3,920
Feb 2015698944.662.98$3,346
Jan 20158511043.433.10$4,033
Dec 2014015154.693.59$542
Nov 20149114570.464.25$7,028
Oct 20147014678.303.90$6,051
Sep 20146815186.164.05$6,470
Aug 20149016489.394.04$8,707
Jul 20147815796.564.18$8,188
Jun 201410415498.164.74$10,938
May 201417712694.734.73$17,363
Apr 2014011295.944.81$539
Mar 20148511695.895.06$8,737
Feb 2014559497.406.19$5,939
Jan 20148412590.404.86$8,201
Dec 20137413591.824.35$7,383
Nov 201313713188.853.74$12,662
Oct 2013012597.423.78$472
Sep 201393136104.113.72$10,188
Aug 201396147104.253.52$10,526
Jul 201381142102.523.72$8,832
Jun 201310313594.403.93$10,254
May 201312816794.834.15$12,831
Apr 20138815093.964.28$8,911
Mar 20139114793.623.91$9,095
Feb 20138513891.233.42$8,227
Jan 20138615891.603.42$8,418
Dec 201215119586.773.42$13,769
Nov 20129120486.953.62$8,652
Oct 20129120789.383.40$8,837
Sep 20128918094.672.92$8,951
Aug 20128317492.662.91$8,197
Jul 20128919185.133.02$8,154
Jun 201212916379.822.52$10,707
May 201212517491.612.49$11,884
Apr 201264186101.652.00$6,877
Mar 201275107105.052.22$8,117
Feb 2012109134101.102.57$11,364
Jan 20128613198.092.73$8,794
Dec 201115110696.873.24$14,971
Nov 2011013395.723.31$440
Oct 201118114284.983.65$15,899
Sep 2011012883.623.99$510
Aug 201116313983.404.15$14,171
Jul 2011015994.144.52$718
Jun 201115015192.904.64$14,636
May 201113917098.134.40$14,389
Apr 201199160105.964.33$11,183
Mar 201112817696.364.06$13,048
Feb 2011013985.644.18$581
Jan 201111616386.504.59$10,782
Dec 20108016085.734.35$7,554
Nov 201014216780.843.80$12,113
Oct 201014115578.103.51$11,556
Sep 201015618172.633.98$12,051
Aug 2010021173.684.42$932
Jul 201015618472.554.74$12,189
Jun 201015218970.364.91$11,623
May 201015618471.124.24$11,874
Apr 2010017181.694.12$705
Mar 201013116378.394.39$10,984
Feb 201012813673.585.44$10,158
Jan 201016915874.365.96$13,509
Dec 2009016171.445.48$883
Nov 200910317574.593.75$8,339
Oct 200912716372.544.11$9,883
Sep 2009153065.543.06$10,028
Aug 2009016267.423.22$521
Jul 200914815761.133.46$9,591
Jun 200915016466.163.90$10,563
May 2009017454.743.93$683
Apr 200915115546.773.59$7,618
Mar 200915214842.144.06$7,006
Feb 2009019332.814.63$894
Jan 200912316435.865.37$5,292
Dec 200817616437.105.98$7,510
Nov 200815415955.496.86$9,636
Oct 2008016975.246.92$1,170
Sep 2008147150101.767.88$16,140
Aug 20080174114.228.48$1,476
Jul 2008118190131.0811.39$17,631
Jun 2008167182131.3313.03$24,304
May 20080182123.1711.57$2,107
Apr 2008138167110.3110.45$16,969
Mar 2008159215101.909.66$18,280
Feb 2008016092.538.77$1,403
Jan 200811317490.388.21$11,641
Dec 200711015388.337.30$10,834
Nov 200715318591.677.29$15,374
Oct 200712520382.856.92$11,761
Sep 2007018175.846.24$1,130
Aug 200712118969.066.39$9,564
Jul 200716419770.906.39$12,886
Jun 200717517362.007.55$12,156
May 2007015858.747.85$1,240
Apr 2007014459.617.81$1,124
Mar 200719216956.927.30$12,163
Feb 2007016055.108.22$1,315
Jan 200714016850.306.73$8,172
Dec 200616316456.656.92$10,369
Nov 2006016654.207.62$1,265
Oct 20069116654.906.01$5,994
Sep 2006111060.085.04$6,669
Aug 200605568.717.34$404
Jul 20061518669.376.34$11,020
Jun 2006014066.286.38$894
May 200611513566.016.42$8,459
Apr 200616313464.397.36$11,482
Mar 200619111456.707.08$11,637
Feb 2006010857.597.75$837
Jan 2006012260.598.93$1,090
Dec 20051019554.9413.42$6,823
Nov 200512910654.6910.59$8,177
Oct 20055913858.3413.80$5,346
Sep 20059013661.4512.08$7,173
Aug 200574061.519.80$4,552
Jul 200510013755.697.84$6,644
Jun 20057513352.337.38$4,906
May 200522412745.226.65$10,974
Apr 2005011649.207.36$854
Mar 200510210050.377.15$5,853
Feb 20051459145.226.31$7,131
Jan 2005010943.166.32$689
Dec 200410212039.866.75$4,876
Nov 200480045.286.33$3,622
Oct 20048512849.706.52$5,058
Sep 20047412643.245.28$3,866
Aug 200417013842.375.55$7,969
Jul 2004014638.286.08$888
Jun 20047511536.106.43$3,447
May 20049513237.486.49$4,418
Apr 2004968434.475.86$3,801
Mar 200411711234.365.53$4,640
Feb 2004708132.455.51$2,718
Jan 20041139632.036.30$4,224
Dec 20032739530.266.30$8,860
Nov 2003013628.804.60$625
Oct 200310614628.174.76$3,681
Sep 200320315226.314.75$6,063
Aug 2003016729.765.13$857
Jul 200312118429.415.17$4,510
Jun 200311117028.565.98$4,187
May 200312716926.595.97$4,386
Apr 200313816026.675.41$4,546
Mar 200312813131.146.10$4,785
Feb 200318413333.487.93$7,214
Jan 2003167030.315.58$5,062
Dec 200220019926.914.85$6,348
Nov 200217119524.664.14$5,024
Oct 200219321326.464.23$6,008
Sep 200218014027.443.64$5,448
Aug 200217012125.963.16$4,796
Jul 200229211024.583.06$7,514
Jun 20021819723.733.34$4,619
May 200236113824.663.58$9,397
Apr 20020023.653.51$0
Mar 2002016322.003.10$506
Feb 2002016218.222.38$385
Jan 200214017217.172.38$2,812
Dec 200115118216.932.36$2,987
Nov 2001184018.072.41$3,325
Oct 200116118019.782.53$3,640
Sep 2001165024.262.25$4,003
Aug 200117617924.873.05$4,924
Jul 200134819623.933.20$8,954
Jun 2001013824.563.82$528
May 200117712525.524.31$5,055
Apr 200118817124.685.34$5,552
Mar 200117516424.545.38$5,176
Feb 200117719027.755.77$6,008
Jan 200118417327.478.40$6,507
Dec 20001618126.889.12$5,067
Nov 200018316132.215.66$6,805
Oct 200001331.235.15$67
Sep 200007531.875.19$389
Aug 200016915029.644.54$5,690
Jul 200018014428.534.09$5,724
Jun 200018614229.304.40$6,074
May 200018112627.263.68$5,398
Apr 200016514324.513.12$4,490
Mar 200017613728.422.86$5,394
Feb 200018212727.622.73$5,373
Jan 200016714325.272.48$4,575
Dec 19991189224.282.42$3,088
Nov 199929315023.192.43$7,160
Oct 199917517820.982.80$4,171
Sep 199917517821.752.62$4,272
Aug 199918017819.262.88$3,979
Jul 199918015917.892.37$3,597
Jun 199918017015.942.36$3,271
May 19991919815.792.32$3,243
Apr 19991749815.102.21$2,844
Mar 19992419812.471.84$3,185
Feb 1999186989.981.82$2,034
Jan 199919415210.381.90$2,303
Dec 19982651529.201.77$2,708
Nov 199824120810.892.19$3,079
Oct 199818220812.421.97$2,670
Sep 199829724712.592.08$4,254
Aug 199829024711.301.91$3,748
Jul 199818633011.742.24$2,922
Jun 199826426511.242.24$3,560
May 199826125212.622.21$3,850
Apr 199827835613.042.51$4,517
Mar 199829930212.802.31$4,525
Feb 199819321813.952.30$3,194
Jan 199827538714.702.15$4,876
Dec 199731937916.322.41$6,120
Nov 199718811618.193.09$3,778
Oct 199734031419.253.15$7,534
Sep 199719726917.742.95$4,290
Aug 199729728117.862.55$6,022
Jul 199728932317.582.25$5,806
Jun 199729826917.242.26$5,745
May 199726724918.972.31$5,640
Apr 199729326917.882.08$5,799
Mar 199737526418.951.94$7,618
Feb 199719920620.492.21$4,532
Jan 199734128123.483.54$9,001
Dec 199647128523.32$10,984
Nov 199619828021.97$4,350
Oct 199646130923.31$10,746
Sep 199636431922.22$8,088
Aug 199637136220.26$7,516
Jul 199635637319.55$6,960
Jun 199649438218.73$9,253
May 199636638819.43$7,111
Apr 199646234421.51$9,938
Mar 199651539219.38$9,981
Feb 199651336816.98$8,711
Jan 199650934917.07$8,689
Dec 199551434017.19$8,836
Nov 199535535316.00$5,680
Oct 199570142415.43$10,816
Sep 199552444316.18$8,478
Aug 199551947115.92$8,262
Jul 199578649415.24$11,979
Jun 199546626916.41$7,647
May 199542625917.56$7,481
Apr 199539727917.73$7,039
Mar 199548422416.44$7,957
Feb 199543729916.58$7,245
Jan 199557829115.92$9,202
Dec 199463833215.03$9,589
Nov 199473534915.90$11,687
Oct 199457826315.58$9,005
Sep 199495637115.29$14,617
Aug 19941,14240816.13$18,420
Jul 19941,08458217.56$19,035
Jun 19941,57960717.09$26,985
May 19941,51967715.88$24,122
Apr 19942,00166514.14$28,294
Mar 19942,16561912.46$26,976
Feb 19942,09438412.50$26,175
Jan 19941,84231412.66$23,320
Dec 19932,06551612.33$25,461
Nov 19932,03647514.49$29,502
Oct 19932,15443615.85$34,141
Sep 19932,23264415.03$33,547
Aug 19932,10561715.66$32,964
Jul 19932,17568015.46$33,626
Jun 19932,22568816.79$37,358
May 19932,19466317.68$38,790
Apr 19932,00277418.05$36,136
Mar 19932,13440018.14$38,711
Feb 19931,98159517.90$35,460
Jan 19932,21162016.93$37,432

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 2026 — as filed, then multipliedworked
Oil                  235 bbl  × $ 89.75 =    $21,091
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $21,091

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/8420 is the state's own key, not one this site invented.