SANSOM

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

Oil lease lease 31056District 7BField 35636750OilSaveExport
Value, all time
$421 k
Mar 2012 – Dec 2022
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
130
no gaps in the span
Streams
1
oil

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 8 leases and 11 wells, and the rule below applies to all of them.

Discovered
1954-04-28
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

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
OilDisposition5,803 bbl$420,519
Total$420,519

Every month this lease reported (130)

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

130 months

Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 20225894.529.13$5,482
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022491.054.86$364
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 201917452.782.49$9,184
May 201917358.482.74$10,117
Apr 2019062.632.75$0
Mar 201916656.803.06$9,429
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 201818265.382.90$11,899
Apr 2018063.842.90$0
Mar 201818161.222.79$11,081
Feb 2018061.782.77$0
Jan 201816662.874.01$10,436
Dec 2017057.272.92$0
Nov 20176355.423.12$3,491
Oct 201718149.292.98$8,921
Sep 2017047.523.09$0
Aug 201717545.373.00$7,940
Jul 201718243.873.09$7,984
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 201717350.452.95$8,728
Jan 2017049.413.42$0
Dec 201617048.763.72$8,289
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 201616941.442.92$7,003
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 201516143.552.43$7,012
Sep 2015042.992.76$0
Aug 201518040.162.87$7,229
Jul 2015048.152.95$0
Jun 201516856.152.88$9,433
May 2015055.212.96$0
Apr 201516749.822.71$8,320
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 201417178.303.90$13,389
Sep 2014086.164.05$0
Aug 201417189.394.04$15,286
Jul 201417096.564.18$16,415
Jun 2014098.164.74$0
May 201417094.734.73$16,104
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 201417097.406.19$16,558
Jan 201416890.404.86$15,187
Dec 2013091.824.35$0
Nov 201317588.853.74$15,549
Oct 2013097.423.78$0
Sep 2013172104.113.72$17,907
Aug 20130104.253.52$0
Jul 2013169102.523.72$17,326
Jun 201315994.403.93$15,010
May 201317694.834.15$16,690
Apr 201317593.964.28$16,443
Mar 201317793.623.91$16,571
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 201216986.953.62$14,695
Oct 201217089.383.40$15,195
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 201217279.822.52$13,729
May 201217691.612.49$16,123
Apr 20120101.652.00$0
Mar 20120105.052.22$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.

Aug 2022 — as filed, then multipliedworked
Oil                   58 bbl  × $ 94.52 =     $5,482

────────────────────────────────────────────────────
Month total                                   $5,482

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/31056 is the state's own key, not one this site invented.