SAGERTON UNIT

Operated by DOUBLE M PETROPROPERTIES, INC. (P-5 224867) in the LA NEIL (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18595District 7BField 50880500OilCasinghead gasSaveExport
Value, all time
$4.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$199 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 4 leases and 6 wells, and the rule below applies to all of them.

Discovered
1980-07-30
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-07-01.

The Commission's schedule remark for this field reads: PERMANENT FIELD RULES ADDED PER DKT#7B-85251 EFF. 7/1/85.

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
OilDisposition78,161 bbl$4,509,644
Casinghead gasProduction100 Mcf$314
Total$4,509,958

22 Mcf of this lease's gas, across 22 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 (3)

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 33.0731, -99.9653. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.07295, -99.96560 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
5,120 ft
3 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.
3100.0%

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

Between 4,998 and 6,085 ft, median 5,120 ft, over the 3 wells that filed a depth.

Completions filed
May 1982 – Mar 2014
3 of 3 wells

3 wells

42-2070041226,085 ftMar 2014
42-2073271635,120 ftAug 2012
42-2073123514,998 ftMay 1982

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 20263590106.413.05$38,201
Apr 2026176098.932.87$17,412
Mar 2026356089.753.15$31,951
Feb 2026175063.503.75$11,113
Jan 2026179059.138.00$10,584
Dec 2025170056.664.41$9,632
Nov 2025184058.593.93$10,781
Oct 2025365059.383.30$21,674
Sep 20250062.743.08$0
Aug 2025180063.933.01$11,507
Jul 2025181066.743.32$12,080
Jun 2025361066.483.13$23,999
May 2025344060.553.23$20,829
Apr 2025180062.363.54$11,225
Mar 2025347067.704.27$23,492
Feb 2025185070.884.34$13,113
Jan 2025349074.324.28$25,938
Dec 2024358068.993.12$24,698
Nov 2024358069.052.20$24,720
Oct 2024354071.372.28$25,265
Sep 2024182069.612.36$12,669
Aug 2024335075.632.06$25,336
Jul 2024360079.932.15$28,775
Jun 2024181078.082.63$14,132
May 2024174078.812.20$13,713
Apr 2024358084.451.66$30,233
Mar 2024161080.301.55$12,928
Feb 2024181076.091.78$13,772
Jan 2024175073.023.30$12,779
Dec 2023153071.262.61$10,903
Nov 2023177077.892.81$13,787
Oct 2023184085.443.09$15,721
Sep 2023362089.042.74$32,232
Aug 2023362080.522.67$29,148
Jul 2023182074.852.64$13,623
Jun 2023549068.962.26$37,859
May 2023180070.622.23$12,712
Apr 2023365078.122.24$28,514
Mar 2023363072.852.39$26,445
Feb 2023366075.112.47$27,490
Jan 2023181076.533.39$13,852
Dec 2022362076.415.73$27,660
Nov 2022360085.005.65$30,600
Oct 2022355087.185.86$30,949
Sep 2022359084.888.16$30,472
Aug 2022180094.529.13$17,014
Jul 20223520101.587.54$35,756
Jun 20223630115.097.98$41,778
May 20223660109.378.43$40,029
Apr 20223540104.226.84$36,894
Mar 20223570108.885.08$38,870
Feb 2022177091.054.86$16,116
Jan 2022357081.844.54$29,217
Dec 2021534071.323.90$38,085
Nov 2021362077.435.24$28,030
Oct 2021354079.795.71$28,246
Sep 2021358069.865.35$25,010
Aug 2021354066.024.22$23,371
Jul 2021178070.783.98$12,599
Jun 2021504069.493.38$35,023
May 2021157063.483.02$9,966
Apr 2021315060.362.76$19,013
Mar 2021312061.302.72$19,126
Feb 2021330057.805.55$19,074
Jan 2021311050.412.81$15,678
Dec 2020461044.642.68$20,579
Nov 2020158038.772.71$6,126
Oct 2020317036.972.48$11,719
Sep 2020337037.091.99$12,499
Aug 2020318039.982.39$12,714
Jul 2020442038.371.83$16,960
Jun 2020612034.901.69$21,359
May 2020171016.921.81$2,893
Apr 2020320014.751.80$4,720
Mar 2020323030.341.86$9,800
Feb 2020324049.881.98$16,161
Jan 2020351057.252.09$20,095
Dec 2019504059.012.30$29,741
Nov 2019156055.302.75$8,627
Oct 2019326053.472.42$17,431
Sep 2019331055.052.66$18,222
Aug 2019472053.112.30$25,068
Jul 2019313056.272.46$17,613
Jun 2019166052.782.49$8,761
May 2019167058.482.74$9,766
Apr 2019479062.632.75$30,000
Mar 2019343056.803.06$19,482
Feb 2019336050.852.79$17,086
Jan 2019519046.033.23$23,890
Dec 2018170046.594.19$7,920
Nov 2018515052.934.24$27,259
Oct 2018326061.443.40$20,029
Sep 2018172059.543.11$10,241
Aug 2018497059.403.07$29,522
Jul 2018166065.142.93$10,813
Jun 2018499060.183.08$30,030
May 2018332065.382.90$21,706
Apr 2018326063.842.90$20,812
Mar 2018173061.222.79$10,591
Feb 2018172061.782.77$10,626
Jan 20180062.874.01$0
Dec 2017180057.272.92$10,309
Nov 2017353055.423.12$19,563
Oct 2017500049.292.98$24,645
Sep 2017339047.523.09$16,109
Aug 2017168045.373.00$7,622
Jul 2017518043.873.09$22,725
Jun 2017347042.493.09$14,744
May 2017511045.373.26$23,184
Apr 2017336047.933.21$16,104
Mar 2017357046.772.98$16,697
Feb 2017503050.452.95$25,376
Jan 2017278049.413.42$13,736
Dec 2016613048.763.72$29,890
Nov 2016506042.492.64$21,500
Oct 2016344046.193.09$15,889
Sep 2016503041.553.10$20,900
Aug 2016335041.442.92$13,882
Jul 2016340041.622.92$14,151
Jun 2016531045.352.69$24,081
May 2016175042.521.99$7,441
Apr 2016332036.561.99$12,138
Mar 2016527033.011.79$17,396
Feb 2016333026.472.06$8,815
Jan 2016518027.352.36$14,167
Dec 2015170032.362.00$5,501
Nov 2015501038.792.17$19,434
Oct 2015338043.552.43$14,720
Sep 2015347042.992.76$14,918
Aug 2015172040.162.87$6,908
Jul 2015341048.152.95$16,419
Jun 2015517056.152.88$29,030
May 2015362055.212.96$19,986
Apr 2015185049.822.71$9,217
Mar 2015522042.892.93$22,389
Feb 2015169044.662.98$7,548
Jan 2015524043.433.10$22,757
Dec 2014339054.693.59$18,540
Nov 2014352070.464.25$24,802
Oct 2014502078.303.90$39,307
Sep 2014356086.164.05$30,673
Aug 2014354089.394.04$31,644
Jul 2014356096.564.18$34,375
Jun 2014702098.164.74$68,908
May 2014719094.734.73$68,111
Apr 2014875095.944.81$83,948
Mar 20141,063095.895.06$101,931
Feb 20141,635097.406.19$159,249
Jan 20142,314090.404.86$209,186
Dec 20132,218091.824.35$203,657
Nov 20131,606088.853.74$142,693
Oct 20131,409097.423.78$137,265
Sep 20131,4120104.113.72$147,003
Aug 20133900104.253.52$40,658
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 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 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201032072.554.74$2,322
Jun 20100070.364.91$0
May 20100071.124.24$0
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 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
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 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 200670054.906.01$3,843
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 2006188064.397.36$12,105
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005174054.9413.42$9,560
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
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 2004160045.286.33$7,245
Oct 20040149.706.52$7
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 200388130.266.30$2,669
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 2003176129.765.13$5,243
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 2003122130.315.58$3,703
Dec 20020126.914.85$5
Nov 2002104124.664.14$2,569
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 2002183125.963.16$4,754
Jul 20020124.583.06$3
Jun 2002189123.733.34$4,488
May 20020124.663.58$4
Apr 2002183123.653.51$4,331
Mar 20020122.003.10$3
Feb 2002170118.222.38$3,100
Jan 20020117.172.38$2
Dec 2001168116.932.36$2,847
Nov 20010118.072.41$2
Oct 200133119.782.53$655
Sep 20010124.262.25$2
Aug 20010124.873.05$3
Jul 20010123.933.20$3
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 2001132124.685.34$3,263
Mar 20010124.545.38$5
Feb 2001187127.755.77$5,195
Jan 20010127.478.40$8
Dec 2000172126.889.12$4,632
Nov 20000132.215.66$6
Oct 2000148131.235.15$4,627
Sep 20000131.875.19$5
Aug 2000136129.644.54$4,036
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 2000152124.513.12$3,729
Mar 2000193128.422.86$5,488
Feb 20000127.622.73$3
Jan 2000181125.272.48$4,576
Dec 1999160024.282.42$3,885
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999219121.752.62$4,766
Aug 19990119.262.88$3
Jul 1999183117.892.37$3,276
Jun 1999197115.942.36$3,143
May 1999189115.792.32$2,987
Apr 1999173115.102.21$2,615
Mar 1999179112.471.84$2,234
Feb 1999019.981.82$2
Jan 1999180110.381.90$1,870
Dec 199818019.201.77$1,658
Nov 1998159110.892.19$1,734
Oct 1998133112.421.97$1,654
Sep 1998156112.592.08$1,966
Aug 1998178111.301.91$2,013
Jul 1998177111.742.24$2,080
Jun 1998177111.242.24$1,992
May 1998186112.622.21$2,350
Apr 1998354113.042.51$4,619
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 19980014.702.15$0
Dec 1997192016.322.41$3,133
Nov 1997178018.193.09$3,238
Oct 19970019.253.15$0
Sep 1997177017.742.95$3,140
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 1997150017.242.26$2,586
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 1997179018.951.94$3,392
Feb 1997181020.492.21$3,709
Jan 1997173023.483.54$4,062
Dec 1996350023.32$8,162
Nov 1996184021.97$4,042
Oct 1996188023.31$4,382
Sep 1996194022.22$4,311
Aug 1996196020.26$3,971
Jul 1996378019.55$7,390
Jun 1996191018.73$3,577
May 1996189019.43$3,672
Apr 1996195021.51$4,194
Mar 1996186019.38$3,605
Feb 1996195016.98$3,311
Jan 1996204017.07$3,482
Dec 1995392017.19$6,738
Nov 1995201016.00$3,216
Oct 1995200015.43$3,086
Sep 1995389016.18$6,294
Aug 1995197015.92$3,136
Jul 1995199015.24$3,033
Jun 1995190016.41$3,118
May 1995185017.56$3,249
Apr 1995180017.73$3,191
Mar 1995396016.44$6,510
Feb 1995191016.58$3,167
Jan 1995197015.92$3,136
Dec 1994199015.03$2,991
Nov 1994200015.90$3,180
Oct 1994187115.58$2,913
Sep 1994191115.29$2,920
Aug 1994375116.13$6,049
Jul 1994190117.56$3,336
Jun 1994191117.09$3,264
May 1994193115.88$3,065
Apr 1994191114.14$2,701
Mar 1994186112.46$2,318
Feb 1994189112.50$2,363
Jan 19940112.66$0
Dec 1993188112.33$2,318
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993368115.03$5,531
Aug 1993187115.66$2,928
Jul 1993182115.46$2,814
Jun 1993187116.79$3,140
May 1993197117.68$3,483
Apr 1993201118.05$3,628
Mar 1993174118.14$3,156
Feb 1993184117.90$3,294
Jan 1993189116.93$3,200

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                  359 bbl  × $106.41 =    $38,201
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $38,201

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/O/18595 is the state's own key, not one this site invented.