PAXTON, MRS. G. L. SR.

Operated by IMPERIAL GAS RESOURCES LLC (P-5 423398) in the HULL-DOBBS, N. (FRY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29096District 7BField 43402500OilCasinghead gasSaveExport
Value, all time
$427 k
Sep 2001 – Sep 2023
Value, last 12 filed months
$353
at the published price for each month
Months reported
265
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 other leases, and the rule below applies to all of them.

Discovered
1953-09-05
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: TRANS. FROM DIST. 7-C 8-1-54

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
OilDisposition11,925 bbl$370,674
Casinghead gasProduction9,624 Mcf$56,225
Total$426,899

Every month this lease reported (265)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

265 months

Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20235070.622.23$353
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 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 20100072.554.74$0
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 200972766.163.90$4,791
May 200902254.743.93$86
Apr 200901346.773.59$47
Mar 200903642.144.06$146
Feb 200902032.814.63$93
Jan 20090035.865.37$0
Dec 200801537.105.98$90
Nov 200888255.496.86$4,897
Oct 2008027175.246.92$1,876
Sep 200803101.767.88$24
Aug 2008062114.228.48$526
Jul 2008174113131.0811.39$24,095
Jun 20080111131.3313.03$1,447
May 20080113123.1711.57$1,308
Apr 2008070110.3110.45$732
Mar 2008039101.909.66$377
Feb 200817310492.538.77$16,920
Jan 2008012690.388.21$1,034
Dec 2007014388.337.30$1,044
Nov 200706691.677.29$481
Oct 2007010282.856.92$706
Sep 2007010575.846.24$656
Aug 2007010569.066.39$671
Jul 20070070.906.39$0
Jun 200708762.007.55$657
May 200717810958.747.85$11,311
Apr 2007010759.617.81$835
Mar 200717411256.927.30$10,722
Feb 200709655.108.22$789
Jan 20070050.306.73$0
Dec 200608956.656.92$616
Nov 20061657654.207.62$9,522
Oct 2006011654.906.01$698
Sep 200617310660.085.04$10,928
Aug 2006010268.717.34$749
Jul 200608669.376.34$545
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 200604464.397.36$324
Mar 200604456.707.08$312
Feb 200605957.597.75$457
Jan 200608360.598.93$741
Dec 20051779554.9413.42$10,999
Nov 200508454.6910.59$889
Oct 200509858.3413.80$1,352
Sep 20051588961.4512.08$10,784
Aug 2005011261.519.80$1,097
Jul 2005011455.697.84$894
Jun 200513111452.337.38$7,697
May 200518112245.226.65$8,996
Apr 20050049.207.36$0
Mar 200517811250.377.15$9,767
Feb 20050045.226.31$0
Jan 200504943.166.32$310
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040849.706.52$52
Sep 200406843.245.28$359
Aug 20041707442.375.55$7,614
Jul 200418638.286.08$562
Jun 200409736.106.43$624
May 20041799737.486.49$7,339
Apr 200409034.475.86$527
Mar 20041794334.365.53$6,388
Feb 20041704032.455.51$5,737
Jan 20041704532.036.30$5,729
Dec 20031704530.266.30$5,428
Nov 200301028.804.60$46
Oct 200302928.174.76$138
Sep 200364526.314.75$1,708
Aug 200306129.765.13$313
Jul 200317827229.415.17$6,641
Jun 200332728228.565.98$11,026
May 200332725326.595.97$10,206
Apr 2003013926.675.41$752
Mar 200316814631.146.10$6,122
Feb 200317114233.487.93$6,851
Jan 200318116730.315.58$6,418
Dec 200233516926.914.85$9,835
Nov 200218017124.664.14$5,146
Oct 200217017626.464.23$5,243
Sep 200235825427.443.64$10,747
Aug 200217419425.963.16$5,131
Jul 200232620824.583.06$8,650
Jun 200233619323.733.34$8,618
May 200233020524.663.58$8,873
Apr 200250818923.653.51$12,678
Mar 200249729322.003.10$11,843
Feb 200250125618.222.38$9,736
Jan 200248832417.172.38$9,149
Dec 200185018216.932.36$14,821
Nov 200168747718.072.41$13,562
Oct 200186418119.782.53$17,548
Sep 2001839024.262.25$20,354

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 2023 — as filed, then multipliedworked
Oil                    5 bbl  × $ 70.62 =       $353
Casinghead gas         0 Mcf  × $  2.23 =         $0

────────────────────────────────────────────────────
Month total                                     $353

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/29096 is the state's own key, not one this site invented.