MORSE, L.

Operated by FOUR DIAMOND OPERATING, LLC (P-5 280565) 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 8469District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$2.1 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
OilDisposition43,985 bbl$2,129,501
Casinghead gasProduction9,916 Mcf$16,188
Total$2,145,689

4,941 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 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 2024104075.632.06$7,866
Jul 20240079.932.15$0
Jun 2024139078.082.63$10,853
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 202389080.522.67$7,166
Jul 20230074.852.64$0
Jun 2023108068.962.26$7,448
May 20230070.622.23$0
Apr 2023134078.122.24$10,468
Mar 2023127072.852.39$9,252
Feb 2023127075.112.47$9,539
Jan 2023124076.533.39$9,490
Dec 202297076.415.73$7,412
Nov 2022108085.005.65$9,180
Oct 2022123087.185.86$10,723
Sep 2022111084.888.16$9,422
Aug 2022121094.529.13$11,437
Jul 20221810101.587.54$18,386
Jun 20221540115.097.98$17,724
May 20221040109.378.43$11,374
Apr 202200104.226.84$0
Mar 20221640108.885.08$17,856
Feb 2022124091.054.86$11,290
Jan 2022156081.844.54$12,767
Dec 2021139071.323.90$9,913
Nov 2021153077.435.24$11,847
Oct 2021152079.795.71$12,128
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021157069.493.38$10,910
May 2021165063.483.02$10,474
Apr 2021143060.362.76$8,631
Mar 2021142061.302.72$8,705
Feb 2021112057.805.55$6,474
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 2019376059.012.30$22,188
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 201698041.622.92$4,079
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201685026.472.06$2,250
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015160043.552.43$6,968
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015154048.152.95$7,415
Jun 20150056.152.88$0
May 2015140055.212.96$7,729
Apr 20150049.822.71$0
Mar 2015172042.892.93$7,377
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014144054.693.59$7,875
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 2014179086.164.05$15,423
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014169094.734.73$16,009
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014165097.406.19$16,071
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 2013162094.834.15$15,362
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 2013160091.233.42$14,597
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012155089.383.40$13,854
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 20121690101.102.57$17,086
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 20111740105.964.33$18,437
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010178080.843.80$14,390
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 201085071.124.24$6,045
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 200951074.593.75$3,804
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009136061.133.46$8,314
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009299035.865.37$10,722
Dec 2008274037.105.98$10,165
Nov 2008299055.496.86$16,592
Oct 2008151075.246.92$11,361
Sep 20082600101.767.88$26,458
Aug 20082620114.228.48$29,926
Jul 20083130131.0811.39$41,028
Jun 20083140131.3313.03$41,238
May 20083120123.1711.57$38,429
Apr 20083120110.3110.45$34,417
Mar 20083150101.909.66$32,099
Feb 2008311092.538.77$28,777
Jan 2008307090.388.21$27,747
Dec 2007312088.337.30$27,559
Nov 2007321091.677.29$29,426
Oct 2007302082.856.92$25,021
Sep 2007300075.846.24$22,752
Aug 2007210069.066.39$14,503
Jul 2007312070.906.39$22,121
Jun 2007312062.007.55$19,344
May 2007314058.747.85$18,444
Apr 2007312059.617.81$18,598
Mar 2007309056.927.30$17,588
Feb 2007302055.108.22$16,640
Jan 2007321050.306.73$16,146
Dec 2006301056.656.92$17,052
Nov 2006293054.207.62$15,881
Oct 2006354054.906.01$19,435
Sep 2006354060.085.04$21,268
Aug 2006360068.717.34$24,736
Jul 2006354069.376.34$24,557
Jun 2006354066.286.38$23,463
May 2006353066.016.42$23,302
Apr 2006356064.397.36$22,923
Mar 2006361056.707.08$20,469
Feb 2006331057.597.75$19,062
Jan 2006359060.598.93$21,752
Dec 2005360054.9413.42$19,778
Nov 2005360054.6910.59$19,688
Oct 2005354058.3413.80$20,652
Sep 2005352061.4512.08$21,630
Aug 2005352061.519.80$21,652
Jul 2005354055.697.84$19,714
Jun 2005355052.337.38$18,577
May 2005354045.226.65$16,008
Apr 2005354049.207.36$17,417
Mar 2005356050.377.15$17,932
Feb 2005338045.226.31$15,284
Jan 2005360043.166.32$15,538
Dec 2004353039.866.75$14,071
Nov 2004354045.286.33$16,029
Oct 2004359049.706.52$17,842
Sep 2004343043.245.28$14,831
Aug 2004368042.375.55$15,592
Jul 2004359038.286.08$13,743
Jun 2004363036.106.43$13,104
May 2004351037.486.49$13,155
Apr 2004351034.475.86$12,099
Mar 2004367034.365.53$12,610
Feb 20043442432.455.51$11,295
Jan 20043483132.036.30$11,342
Dec 20033061130.266.30$9,329
Nov 2003307928.804.60$8,883
Oct 20033011228.174.76$8,536
Sep 20033071226.314.75$8,134
Aug 20033092129.765.13$9,304
Jul 20032993629.415.17$8,980
Jun 200328413028.565.98$8,889
May 2003291926.595.97$7,791
Apr 20033103426.675.41$8,452
Mar 200301031.146.10$61
Feb 20030033.487.93$0
Jan 2003155930.315.58$4,748
Dec 20022732826.914.85$7,482
Nov 20022664924.664.14$6,762
Oct 200227310426.464.23$7,663
Sep 20022645627.443.64$7,448
Aug 200226914125.963.16$7,429
Jul 200227613324.583.06$7,191
Jun 20022636523.733.34$6,458
May 20022565724.663.58$6,517
Apr 20022694923.653.51$6,534
Mar 20021846422.003.10$4,247
Feb 20021864918.222.38$3,505
Jan 20023599417.172.38$6,387
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20011784724.873.05$4,570
Jul 20011658623.933.20$4,223
Jun 20011799424.563.82$4,756
May 200118314425.524.31$5,290
Apr 200116413624.685.34$4,773
Mar 200136013824.545.38$9,576
Feb 200104627.755.77$265
Jan 20011871227.478.40$5,238
Dec 2000167926.889.12$4,571
Nov 20001663832.215.66$5,562
Oct 20001804631.235.15$5,858
Sep 20001783631.875.19$5,860
Aug 200009329.644.54$422
Jul 20002914528.534.09$8,486
Jun 200003929.304.40$171
May 200003927.263.68$144
Apr 20000024.513.12$0
Mar 2000123028.422.86$3,496
Feb 2000178027.622.73$4,916
Jan 20000025.272.48$0
Dec 1999379024.282.42$9,202
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 19990549.981.82$98
Jan 199907110.381.90$135
Dec 1998209919.201.77$2,084
Nov 199809110.892.19$199
Oct 199818810412.421.97$2,540
Sep 1998010012.592.08$208
Aug 199807811.301.91$149
Jul 199806811.742.24$152
Jun 19980011.242.24$0
May 199818010912.622.21$2,512
Apr 199821612513.042.51$3,130
Mar 199822615612.802.31$3,253
Feb 1998012313.952.30$283
Jan 19981815514.702.15$2,779
Dec 199710310416.322.41$1,932
Nov 1997012618.193.09$389
Oct 199718815419.253.15$4,104
Sep 199716312617.742.95$3,264
Aug 1997010417.862.55$266
Jul 19971778917.582.25$3,312
Jun 199710025817.242.26$2,306
May 19971359718.972.31$2,785
Apr 19971139817.882.08$2,225
Mar 199712011118.951.94$2,489
Feb 199714510320.492.21$3,198
Jan 19971809523.483.54$4,563
Dec 1996013323.32$0
Nov 199610210821.97$2,241
Oct 1996012323.31$0
Sep 19962278822.22$5,044
Aug 1996012220.26$0
Jul 1996548419.55$1,056
Jun 199623414318.73$4,383
May 1996013519.43$0
Apr 199611813621.51$2,538
Mar 199632013419.38$6,202
Feb 199606616.98$0
Jan 1996012317.07$0
Dec 199515511817.19$2,664
Nov 199529813516.00$4,768
Oct 1995012515.43$0
Sep 199511510816.18$1,861
Aug 19951339215.92$2,117
Jul 19951418715.24$2,149
Jun 199504316.41$0
May 1995616717.56$1,071
Apr 199516511317.73$2,925
Mar 199518611316.44$3,058
Feb 19951469616.58$2,421
Jan 199519513215.92$3,104
Dec 199411312715.03$1,698
Nov 199416713315.90$2,655
Oct 199417813215.58$2,773
Sep 19949013215.29$1,376
Aug 199416814516.13$2,710
Jul 199418413017.56$3,231
Jun 1994998717.09$1,692
May 19941278215.88$2,017
Apr 19941339614.14$1,881
Mar 19948712712.46$1,084
Feb 19941826812.50$2,275
Jan 199405212.66$0
Dec 19930512.33$0
Nov 19931057314.49$1,521
Oct 19931568615.85$2,473
Sep 199323411515.03$3,517
Aug 199308215.66$0
Jul 19931443215.46$2,226
Jun 19931726716.79$2,888
May 19931699717.68$2,988
Apr 19939410018.05$1,697
Mar 199314612618.14$2,648
Feb 1993769417.90$1,360
Jan 199313712916.93$2,319

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.

Aug 2024 — as filed, then multipliedworked
Oil                  104 bbl  × $ 75.63 =     $7,866
Casinghead gas         0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $7,866

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/8469 is the state's own key, not one this site invented.