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CALLAWAY

Operated by HEXAGON OIL AND GAS INC. (P-5 383200) in the LIBERTY OAK (BIG SALINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103829District 7BField 53505500NGPA filingCondensateGasSaveExport
Value, all time
$440 k
Jan 1993 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The LIBERTY OAK (BIG SALINE) field

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 32 leases and 32 wells, and the rule below applies to all of them.

Discovered
1978-10-04
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1985-07-01.

The Commission's schedule remark for this field reads: “FIELD RETURNED TO 100% AOF EFFECTIVE 4/1/95.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none——

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition141 bbl$2,264
GasProduction136,453 Mcf$438,087
Total$440,352

28,824 Mcf of this lease's gas, across 47 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.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.4191, -98.2787. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41909, -98.27866 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,675 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 4,675 ft.

Completions filed
Jan 1983
1 of 1 wells

1 well

42-1433077714,675 ftJan 1983——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

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 20260125106.413.05$381
Apr 2026012598.932.87$359
Mar 2026015389.753.15$482
Feb 2026018163.503.75$679
Jan 20260059.138.00$0
Dec 2025010556.664.41$463
Nov 2025011358.593.93$444
Oct 2025011559.383.30$380
Sep 2025011062.743.08$338
Aug 2025011263.933.01$338
Jul 2025011166.743.32$368
Jun 2025011566.483.13$360
May 2025012060.553.23$388
Apr 2025011662.363.54$411
Mar 2025012167.704.27$516
Feb 2025010870.884.34$469
Jan 2025012074.324.28$513
Dec 2024012268.993.12$381
Nov 2024011969.052.20$262
Oct 2024011871.372.28$269
Sep 2024011469.612.36$270
Aug 2024011675.632.06$239
Jul 2024011879.932.15$253
Jun 2024011478.082.63$300
May 2024012778.812.20$279
Apr 2024012384.451.66$204
Mar 2024012780.301.55$196
Feb 2024012076.091.78$214
Jan 2024012873.023.30$422
Dec 2023012871.262.61$334
Nov 2023012577.892.81$351
Oct 2023013085.443.09$401
Sep 2023011889.042.74$323
Aug 2023012080.522.67$321
Jul 2023011874.852.64$312
Jun 2023012468.962.26$280
May 2023013370.622.23$296
Apr 2023012978.122.24$289
Mar 2023013472.852.39$321
Feb 2023012275.112.47$301
Jan 2023013576.533.39$457
Dec 2022013576.415.73$773
Nov 2022013285.005.65$745
Oct 2022013487.185.86$786
Sep 2022012884.888.16$1,045
Aug 2022013394.529.13$1,214
Jul 20220132101.587.54$996
Jun 20220125115.097.98$997
May 20220139109.378.43$1,172
Apr 20220136104.226.84$930
Mar 20220141108.885.08$716
Feb 2022012691.054.86$612
Jan 2022014281.844.54$644
Dec 2021014071.323.90$546
Nov 2021013777.435.24$717
Oct 2021014379.795.71$817
Sep 2021013269.865.35$706
Aug 2021013566.024.22$570
Jul 2021013670.783.98$542
Jun 2021013669.493.38$460
May 2021014563.483.02$438
Apr 2021014460.362.76$397
Mar 2021015061.302.72$408
Feb 2021013557.805.55$749
Jan 2021015150.412.81$424
Dec 2020015144.642.68$404
Nov 2020015138.772.71$409
Oct 2020015136.972.48$374
Sep 2020014337.091.99$285
Aug 2020014339.982.39$341
Jul 2020014438.371.83$263
Jun 2020014634.901.69$247
May 2020015616.921.81$283
Apr 2020015214.751.80$274
Mar 2020016030.341.86$297
Feb 2020015049.881.98$297
Jan 2020016157.252.09$337
Dec 2019016159.012.30$371
Nov 2019016255.302.75$446
Oct 2019016553.472.42$399
Sep 2019014955.052.66$396
Aug 2019015253.112.30$350
Jul 2019015156.272.46$371
Jun 2019015152.782.49$376
May 2019016658.482.74$455
Apr 2019016462.632.75$451
Mar 2019017056.803.06$521
Feb 2019015350.852.79$427
Jan 2019017146.033.23$552
Dec 2018017246.594.19$720
Nov 2018017152.934.24$725
Oct 2018017861.443.40$605
Sep 2018016759.543.11$519
Aug 2018017159.403.07$524
Jul 2018016865.142.93$493
Jun 2018017460.183.08$535
May 2018018265.382.90$528
Apr 2018017763.842.90$513
Mar 2018018461.222.79$513
Feb 2018016661.782.77$459
Jan 2018018562.874.01$742
Dec 2017018457.272.92$538
Nov 2017018055.423.12$561
Oct 2017018749.292.98$558
Sep 2017017847.523.09$550
Aug 2017018745.373.00$562
Jul 2017018343.873.09$565
Jun 2017017142.493.09$528
May 2017018945.373.26$617
Apr 2017018847.933.21$604
Mar 2017019346.772.98$576
Feb 2017017750.452.95$523
Jan 2017019749.413.42$674
Dec 2016020048.763.72$745
Nov 2016019342.492.64$510
Oct 2016019846.193.09$612
Sep 2016018241.553.10$564
Aug 2016018741.442.92$547
Jul 2016018541.622.92$541
Jun 2016018245.352.69$489
May 2016019942.521.99$396
Apr 2016019436.561.99$386
Mar 2016020133.011.79$361
Feb 2016018726.472.06$386
Jan 2016020127.352.36$475
Dec 2015020532.362.00$410
Nov 2015019338.792.17$418
Oct 2015019743.552.43$478
Sep 2015018942.992.76$521
Aug 2015019440.162.87$557
Jul 2015019348.152.95$568
Jun 2015018156.152.88$522
May 2015020555.212.96$606
Apr 2015020149.822.71$544
Mar 2015020742.892.93$607
Feb 2015018844.662.98$560
Jan 2015020943.433.10$648
Dec 2014021154.693.59$758
Nov 2014020470.464.25$867
Oct 2014021578.303.90$839
Sep 2014021486.164.05$866
Aug 2014023889.394.04$960
Jul 2014039896.564.18$1,663
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 201401490.404.86$68
Dec 201303391.824.35$144
Nov 201309188.853.74$340
Oct 2013011897.423.78$446
Sep 20130142104.113.72$528
Aug 20130195104.253.52$687
Jul 20130212102.523.72$788
Jun 2013020294.403.93$795
May 2013021694.834.15$896
Apr 2013021493.964.28$916
Mar 2013022793.623.91$888
Feb 2013020391.233.42$694
Jan 2013023791.603.42$811
Dec 2012024386.773.42$831
Nov 2012023886.953.62$863
Oct 2012024589.383.40$833
Sep 2012023794.672.92$692
Aug 2012024492.662.91$710
Jul 2012025185.133.02$758
Jun 2012024879.822.52$625
May 2012040591.612.49$1,008
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 2012065101.102.57$167
Jan 2012010498.092.73$284
Dec 201105496.873.24$175
Nov 201102895.723.31$93
Oct 201108784.983.65$317
Sep 2011012083.623.99$478
Aug 2011012483.404.15$515
Jul 2011010594.144.52$474
Jun 2011011692.904.64$538
May 2011014398.134.40$630
Apr 20110162105.964.33$702
Mar 2011016896.364.06$682
Feb 2011019785.644.18$823
Jan 2011017786.504.59$812
Dec 2010022685.734.35$983
Nov 20100080.843.80$0
Oct 201002978.103.51$102
Sep 201006172.633.98$243
Aug 201006273.684.42$274
Jul 201006472.554.74$303
Jun 201009070.364.91$442
May 201008671.124.24$364
Apr 201008981.694.12$367
Mar 2010015878.394.39$693
Feb 2010010673.585.44$577
Jan 2010012974.365.96$769
Dec 2009017471.445.48$954
Nov 2009025174.593.75$942
Oct 2009026072.544.11$1,069
Sep 2009028165.543.06$861
Aug 2009033567.423.22$1,078
Jul 2009012361.133.46$426
Jun 2009013266.163.90$514
May 2009012354.743.93$483
Apr 200909146.773.59$326
Mar 200907542.144.06$304
Feb 200905532.814.63$255
Jan 200905635.865.37$301
Dec 2008019737.105.98$1,178
Nov 2008027055.496.86$1,852
Oct 2008030475.246.92$2,104
Sep 20080257101.767.88$2,024
Aug 20080279114.228.48$2,367
Jul 20080286131.0811.39$3,257
Jun 20080270131.3313.03$3,519
May 20080279123.1711.57$3,229
Apr 20080290110.3110.45$3,032
Mar 20080308101.909.66$2,977
Feb 2008030392.538.77$2,657
Jan 2008023890.388.21$1,953
Dec 2007031788.337.30$2,315
Nov 2007029791.677.29$2,166
Oct 2007031782.856.92$2,194
Sep 2007030775.846.24$1,917
Aug 2007029869.066.39$1,904
Jul 2007031670.906.39$2,019
Jun 2007031562.007.55$2,378
May 2007033058.747.85$2,589
Apr 2007032259.617.81$2,513
Mar 2007033656.927.30$2,453
Feb 2007031255.108.22$2,563
Jan 2007032250.306.73$2,166
Dec 2006033556.656.92$2,318
Nov 2006031054.207.62$2,361
Oct 2006032254.906.01$1,936
Sep 2006030360.085.04$1,526
Aug 2006030968.717.34$2,268
Jul 2006032969.376.34$2,087
Jun 2006031966.286.38$2,036
May 2006036066.016.42$2,313
Apr 2006030964.397.36$2,274
Mar 2006033256.707.08$2,352
Feb 2006030757.597.75$2,380
Jan 2006035660.598.93$3,180
Dec 2005034954.9413.42$4,682
Nov 2005034954.6910.59$3,695
Oct 2005038558.3413.80$5,311
Sep 2005036261.4512.08$4,373
Aug 2005038061.519.80$3,723
Jul 2005036555.697.84$2,863
Jun 2005031852.337.38$2,347
May 2005033345.226.65$2,215
Apr 2005032049.207.36$2,355
Mar 2005035150.377.15$2,511
Feb 2005028445.226.31$1,793
Jan 2005027743.166.32$1,751
Dec 2004028839.866.75$1,944
Nov 2004033645.286.33$2,127
Oct 2004034149.706.52$2,222
Sep 2004032643.245.28$1,723
Aug 2004035342.375.55$1,959
Jul 2004035438.286.08$2,154
Jun 2004033236.106.43$2,136
May 2004035137.486.49$2,280
Apr 2004035334.475.86$2,068
Mar 2004037334.365.53$2,063
Feb 2004029232.455.51$1,609
Jan 2004035832.036.30$2,255
Dec 2003037030.266.30$2,332
Nov 2003036228.804.60$1,663
Oct 2003037028.174.76$1,761
Sep 2003036426.314.75$1,729
Aug 2003037729.765.13$1,934
Jul 2003038729.415.17$2,001
Jun 2003037928.565.98$2,268
May 2003039626.595.97$2,365
Apr 2003036926.675.41$1,995
Mar 2003038531.146.10$2,347
Feb 2003034833.487.93$2,758
Jan 2003038430.315.58$2,144
Dec 2002039826.914.85$1,932
Nov 2002038324.664.14$1,584
Oct 2002038826.464.23$1,641
Sep 2002037827.443.64$1,374
Aug 2002039425.963.16$1,247
Jul 2002039224.583.06$1,200
Jun 2002038623.733.34$1,289
May 2002040424.663.58$1,448
Apr 2002042223.653.51$1,482
Mar 2002042922.003.10$1,331
Feb 2002038518.222.38$915
Jan 2002044917.172.38$1,067
Dec 2001045216.932.36$1,069
Nov 2001040218.072.41$967
Oct 2001047919.782.53$1,211
Sep 2001040824.262.25$919
Aug 2001039024.873.05$1,191
Jul 2001045223.933.20$1,445
Jun 2001039724.563.82$1,518
May 2001039725.524.31$1,710
Apr 2001045124.685.34$2,406
Mar 2001072924.545.38$3,919
Feb 2001065327.755.77$3,766
Jan 2001076127.478.40$6,391
Dec 2000069826.889.12$6,368
Nov 2000063532.215.66$3,593
Oct 2000071531.235.15$3,679
Sep 2000075931.875.19$3,937
Aug 2000074129.644.54$3,365
Jul 2000076928.534.09$3,145
Jun 2000084429.304.40$3,711
May 2000058927.263.68$2,167
Apr 2000053424.513.12$1,664
Mar 2000077528.422.86$2,216
Feb 200006127.622.73$166
Jan 2000069625.272.48$1,726
Dec 1999013124.282.42$318
Nov 1999081023.192.43$1,972
Oct 199907520.982.80$210
Sep 1999080821.752.62$2,116
Aug 199909719.262.88$279
Jul 1999089617.892.37$2,126
Jun 1999015715.942.36$371
May 199901,07215.792.32$2,488
Apr 1999011415.102.21$252
Mar 199901,10712.471.84$2,035
Feb 199901239.981.82$224
Jan 199901,32110.381.90$2,510
Dec 19980759.201.77$133
Nov 199801,33110.892.19$2,909
Oct 199809212.421.97$181
Sep 199801,48112.592.08$3,084
Aug 1998024811.301.91$473
Jul 199801,80211.742.24$4,032
Jun 1998016111.242.24$360
May 199802,31512.622.21$5,108
Apr 199805113.042.51$128
Mar 199801,67512.802.31$3,868
Feb 1998010513.952.30$241
Jan 199802,08814.702.15$4,499
Dec 1997026016.322.41$627
Nov 199702,67318.193.09$8,255
Oct 199709019.253.15$283
Sep 199703,29917.742.95$9,748
Aug 1997038917.862.55$994
Jul 199703,02917.582.25$6,806
Jun 1997032717.242.26$738
May 199702,99118.972.31$6,905
Apr 1997024117.882.08$502
Mar 199701,96218.951.94$3,805
Feb 19970020.492.21$0
Jan 1997075323.483.54$2,665
Dec 199601823.32—$0
Nov 1996077321.97—$0
Oct 1996011423.31—$0
Sep 1996079122.22—$0
Aug 19960120.26—$0
Jul 1996095519.55—$0
Jun 19960818.73—$0
May 199601,11619.43—$0
Apr 19960421.51—$0
Mar 199601,04219.38—$0
Feb 1996018116.98—$0
Jan 1996071917.07—$0
Dec 199501,56317.19—$0
Nov 1995011416.00—$0
Oct 199504115.43—$0
Sep 199501,85016.18—$0
Aug 199507215.92—$0
Jul 199502,59915.24—$0
Jun 19950016.41—$0
May 199501,55017.56—$0
Apr 19950517.73—$0
Mar 1995051016.44—$0
Feb 19953339216.58—$547
Jan 1995047515.92—$0
Dec 1994059315.03—$0
Nov 199410823215.90—$1,717
Oct 1994050815.58—$0
Sep 1994053615.29—$0
Aug 1994055316.13—$0
Jul 1994058417.56—$0
Jun 1994076817.09—$0
May 1994037615.88—$0
Apr 1994055314.14—$0
Mar 1994055712.46—$0
Feb 1994049712.50—$0
Jan 1994054612.66—$0
Dec 1993057412.33—$0
Nov 1993059314.49—$0
Oct 1993067815.85—$0
Sep 1993058315.03—$0
Aug 1993063615.66—$0
Jul 1993064615.46—$0
Jun 1993067516.79—$0
May 1993065617.68—$0
Apr 1993065418.05—$0
Mar 1993064118.14—$0
Feb 1993057617.90—$0
Jan 1993071616.93—$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
Condensate             0 bbl  × $106.41 =         $0
Gas                  125 Mcf  × $  3.05 =       $381

────────────────────────────────────────────────────
Month total                                     $381

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. 7B/G/103829 is the state's own key, not one this site invented.