HOWELL

Operated by GREAT AMERICAN RESOURCES INC. (P-5 328354) in the KATZ (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31234District 7BField 48294600Hydrogen sulphide fieldOilSaveExport
Value, all time
$5.8 M
Feb 2013 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
160
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 22 leases and 423 wells, and the rule below applies to all of them.

Discovered
2009-11-03
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2009-11-03.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 102 BBLS PER DAY.

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
OilDisposition92,843 bbl$5,816,375
Total$5,816,375

Every month this lease reported (160)

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

160 months

May 20260106.413.05$0
Apr 202615498.932.87$15,235
Mar 202617689.753.15$15,796
Feb 2026063.503.75$0
Jan 202617459.138.00$10,289
Dec 2025056.664.41$0
Nov 202517158.593.93$10,019
Oct 2025059.383.30$0
Sep 202514962.743.08$9,348
Aug 202515963.933.01$10,165
Jul 202518166.743.32$12,080
Jun 202517566.483.13$11,634
May 202516460.553.23$9,930
Apr 202516362.363.54$10,165
Mar 2025067.704.27$0
Feb 202516670.884.34$11,766
Jan 202517974.324.28$13,303
Dec 202417468.993.12$12,004
Nov 202418169.052.20$12,498
Oct 202415971.372.28$11,348
Sep 202417769.612.36$12,321
Aug 202417675.632.06$13,311
Jul 202416779.932.15$13,348
Jun 202416678.082.63$12,961
May 202417478.812.20$13,713
Apr 202435784.451.66$30,149
Mar 2024080.301.55$0
Feb 202434876.091.78$26,479
Jan 202415573.023.30$11,318
Dec 202316471.262.61$11,687
Nov 202316377.892.81$12,696
Oct 202318385.443.09$15,636
Sep 202317689.042.74$15,671
Aug 202331680.522.67$25,444
Jul 202333374.852.64$24,925
Jun 202316968.962.26$11,654
May 202318970.622.23$13,347
Apr 202334878.122.24$27,186
Mar 202317572.852.39$12,749
Feb 202333675.112.47$25,237
Jan 202316176.533.39$12,321
Dec 202232676.415.73$24,910
Nov 202231485.005.65$26,690
Oct 202217287.185.86$14,995
Sep 202233684.888.16$28,520
Aug 202232394.529.13$30,530
Jul 2022342101.587.54$34,740
Jun 2022329115.097.98$37,865
May 2022335109.378.43$36,639
Apr 2022323104.226.84$33,663
Mar 2022343108.885.08$37,346
Feb 202233291.054.86$30,229
Jan 202233281.844.54$27,171
Dec 202150171.323.90$35,731
Nov 202133377.435.24$25,784
Oct 202150979.795.71$40,613
Sep 202149269.865.35$34,371
Aug 202146566.024.22$30,699
Jul 202150370.783.98$35,602
Jun 202150669.493.38$35,162
May 202153363.483.02$33,835
Apr 202151460.362.76$31,025
Mar 202169261.302.72$42,420
Feb 202136757.805.55$21,213
Jan 202170650.412.81$35,589
Dec 202070644.642.68$31,516
Nov 202052538.772.71$20,354
Oct 202054436.972.48$20,112
Sep 202054437.091.99$20,177
Aug 202072439.982.39$28,946
Jul 202085738.371.83$32,883
Jun 202074134.901.69$25,861
May 202037916.921.81$6,413
Apr 202074014.751.80$10,915
Mar 202055730.341.86$16,899
Feb 202072549.881.98$36,163
Jan 202071757.252.09$41,048
Dec 201974059.012.30$43,667
Nov 201955555.302.75$30,692
Oct 20191,09153.472.42$58,336
Sep 201936255.052.66$19,928
Aug 201972053.112.30$38,239
Jul 201972156.272.46$40,571
Jun 201954852.782.49$28,923
May 201954258.482.74$31,696
Apr 201954362.632.75$34,008
Mar 201972756.803.06$41,294
Feb 201953550.852.79$27,205
Jan 201991546.033.23$42,117
Dec 201873946.594.19$34,430
Nov 201890352.934.24$47,796
Oct 201836961.443.40$22,671
Sep 201874259.543.11$44,179
Aug 201872159.403.07$42,827
Jul 201872365.142.93$47,096
Jun 201890360.183.08$54,343
May 201867965.382.90$44,393
Apr 201868463.842.90$43,667
Mar 201868461.222.79$41,874
Feb 201870961.782.77$43,802
Jan 201868162.874.01$42,814
Dec 201785257.272.92$48,794
Nov 201784655.423.12$46,885
Oct 201783849.292.98$41,305
Sep 201766647.523.09$31,648
Aug 201783845.373.00$38,020
Jul 201782943.873.09$36,368
Jun 201784142.493.09$35,734
May 201783845.373.26$38,020
Apr 201782947.933.21$39,734
Mar 20171,00946.772.98$47,191
Feb 201783950.452.95$42,328
Jan 20171,02249.413.42$50,497
Dec 201667848.763.72$33,059
Nov 201674642.492.64$31,698
Oct 201691446.193.09$42,218
Sep 201671541.553.10$29,708
Aug 201693141.442.92$38,581
Jul 20161,10541.622.92$45,990
Jun 201674045.352.69$33,559
May 201656042.521.99$23,811
Apr 201674436.561.99$27,201
Mar 201694533.011.79$31,194
Feb 201675326.472.06$19,932
Jan 201694527.352.36$25,846
Dec 201572932.362.00$23,590
Nov 201574538.792.17$28,899
Oct 201593243.552.43$40,589
Sep 201574042.992.76$31,813
Aug 201574340.162.87$29,839
Jul 20151,10348.152.95$53,109
Jun 201592456.152.88$51,883
May 201592855.212.96$51,235
Apr 201574849.822.71$37,265
Mar 20151,10442.892.93$47,351
Feb 201572944.662.98$32,557
Jan 201593443.433.10$40,564
Dec 201492954.693.59$50,807
Nov 201493770.464.25$66,021
Oct 20141,09278.303.90$85,504
Sep 201491786.164.05$79,009
Aug 20141,09189.394.04$97,524
Jul 201473296.564.18$70,682
Jun 201491198.164.74$89,424
May 201473894.734.73$69,911
Apr 201493095.944.81$89,224
Mar 201492195.895.06$88,315
Feb 201473897.406.19$71,881
Jan 201474590.404.86$67,348
Dec 201393391.824.35$85,668
Nov 201371688.853.74$63,617
Oct 20131,13897.423.78$110,864
Sep 2013755104.113.72$78,603
Aug 2013920104.253.52$95,910
Jul 20131,278102.523.72$131,021
Jun 20131,11794.403.93$105,445
May 201393894.834.15$88,951
Apr 20131,08893.964.28$102,228
Mar 20131,22493.623.91$114,591
Feb 201349291.233.42$44,885

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.

Apr 2026 — as filed, then multipliedworked
Oil                  154 bbl  × $ 98.93 =    $15,235

────────────────────────────────────────────────────
Month total                                  $15,235

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/31234 is the state's own key, not one this site invented.