BARNETT

Operated by BULWARK OIL & GAS, LLC (P-5 102061) in the ORAN (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31239District 7BField 67477400OilCasinghead gasSaveExport
Value, all time
$11.2 M
May 2013 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
157
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 25 leases and 39 wells, and the rule below applies to all of them.

Discovered
1979-06-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-08-01.

The Commission's schedule remark for this field reads: K EAST (BARNETT SHALE), PALO PINTO COUNTY, TX.

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
OilDisposition73,854 bbl$6,063,072
Casinghead gasProduction1,520,984 Mcf$5,168,313
Total$11,231,385

Wells on this lease (5)

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 32.9911, -98.2104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

32.99325, -98.21120 · centre of 4 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
5,225 ft
5 wells filed one
Completion to plug
12.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 5,125 and 7,541 ft, median 5,225 ft, over the 5 wells that filed a depth.

Completions filed
May 2013 – Jan 2016
5 of 5 wells
Plug dates filed
Sep 2025
1 of 5 wells; 4 filed none

Last completion to plug: a median of 12.3 years across the 1 well that filed both dates, with the middle half between 12.3 years and 12.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-3633612317,541 ftJan 2016
42-36336172115,225 ftMay 2014
42-36336173125,403 ftApr 2014
42-36336146105,125 ftJun 2013Sep 2025Yes
42-3633612635,134 ftMay 2013

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 (157)

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

157 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026172089.753.15$15,437
Feb 20260063.503.75$0
Jan 2026054359.138.00$4,343
Dec 202501,64456.664.41$7,256
Nov 202501,05058.593.93$4,123
Oct 202516790459.383.30$12,904
Sep 202501,09062.743.08$3,354
Aug 202501,09163.933.01$3,289
Jul 2025047866.743.32$1,585
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025115067.704.27$7,786
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024168069.052.20$11,600
Oct 20240071.372.28$0
Sep 202401269.612.36$28
Aug 202401275.632.06$25
Jul 20240679.932.15$13
Jun 202401178.082.63$29
May 202405878.812.20$128
Apr 202406484.451.66$106
Mar 2024011980.301.55$184
Feb 2024031976.091.78$569
Jan 2024028373.023.30$933
Dec 202306271.262.61$162
Nov 202305077.892.81$140
Oct 202306785.443.09$207
Sep 202309689.042.74$263
Aug 202305480.522.67$144
Jul 202305274.852.64$137
Jun 202305268.962.26$117
May 202305770.622.23$127
Apr 202307978.122.24$177
Mar 20231888572.852.39$13,899
Feb 202308275.112.47$202
Jan 202309576.533.39$322
Dec 202201,25476.415.73$7,184
Nov 202201,74285.005.65$9,836
Oct 202202,93287.185.86$17,193
Sep 20222444,40084.888.16$56,631
Aug 202203,48994.529.13$31,845
Jul 202202,203101.587.54$16,615
Jun 20220230115.097.98$1,835
May 20220772109.378.43$6,510
Apr 202201,795104.226.84$12,273
Mar 202202,874108.885.08$14,590
Feb 202202,61191.054.86$12,686
Jan 202202,58781.844.54$11,739
Dec 202102,29671.323.90$8,952
Nov 202102,03377.435.24$10,647
Oct 2021035179.795.71$2,006
Sep 202103,58169.865.35$19,162
Aug 202103,15066.024.22$13,295
Jul 20212753,96870.783.98$35,265
Jun 202105,75369.493.38$19,449
May 202105,46063.483.02$16,476
Apr 202104,63360.362.76$12,780
Mar 202103,56861.302.72$9,694
Feb 202101,64457.805.55$9,121
Jan 202103,37650.412.81$9,487
Dec 202003,15444.642.68$8,438
Nov 202004,28938.772.71$11,608
Oct 20202766,26736.972.48$25,736
Sep 202006,43737.091.99$12,816
Aug 202004,55439.982.39$10,862
Jul 20201804,55538.371.83$15,220
Jun 20203705,67034.901.69$22,497
May 202006,92916.921.81$12,574
Apr 202007,64314.751.80$13,791
Mar 20201808,41630.341.86$21,083
Feb 20201857,91749.881.98$24,909
Jan 20201377,91057.252.09$24,413
Dec 201901,15959.012.30$2,671
Nov 2019092355.302.75$2,539
Oct 20192672,30253.472.42$19,844
Sep 201902,87555.052.66$7,640
Aug 201903,53053.112.30$8,134
Jul 201902,48456.272.46$6,111
Jun 201902,67052.782.49$6,652
May 201902,77558.482.74$7,604
Apr 2019663,75962.632.75$14,473
Mar 20191844,49956.803.06$24,228
Feb 201904,05150.852.79$11,311
Jan 201906,06646.033.23$19,582
Dec 201807,15346.594.19$29,938
Nov 201806,72852.934.24$28,508
Oct 201808,62761.443.40$29,315
Sep 20181737,86659.543.11$34,748
Aug 2018458,46559.403.07$28,631
Jul 201808,58165.142.93$25,158
Jun 201818410,97660.183.08$44,845
May 201813513,38665.382.90$47,656
Apr 201818612,63763.842.90$48,532
Mar 2018012,89661.222.79$35,939
Feb 201818312,71561.782.77$46,477
Jan 201834212,64662.874.01$72,203
Dec 2017014,54057.272.92$42,479
Nov 201722711,02855.423.12$46,970
Oct 201718,69649.292.98$25,995
Sep 201708,10847.523.09$25,032
Aug 201718410,50445.373.00$39,906
Jul 2017011,15743.873.09$34,445
Jun 2017211,99942.493.09$37,129
May 201718112,47845.373.26$48,933
Apr 201726711,81347.933.21$50,736
Mar 201717612,91846.772.98$46,775
Feb 2017012,12750.452.95$35,806
Jan 201719414,08949.413.42$57,753
Dec 201629914,31348.763.72$67,864
Nov 201619314,33442.492.64$46,105
Oct 201628914,21046.193.09$57,262
Sep 201630414,99441.553.10$59,122
Aug 2016015,97441.442.92$46,713
Jul 201630916,48641.622.92$61,071
Jun 2016017,87445.352.69$48,007
May 201618619,67242.521.99$47,076
Apr 201651421,04236.561.99$60,687
Mar 201688221,65833.011.79$67,969
Feb 201632920,51526.472.06$51,044
Jan 201671523,99527.352.36$76,288
Dec 201570522,73932.362.00$68,324
Nov 201553221,26538.792.17$66,725
Oct 201553024,45243.552.43$82,416
Sep 201566521,91042.992.76$89,025
Aug 201571524,32840.162.87$98,596
Jul 201573727,47548.152.95$116,403
Jun 20151,09026,90756.152.88$138,773
May 20151,08726,83355.212.96$139,317
Apr 201579924,77649.822.71$106,864
Mar 201580224,89142.892.93$107,446
Feb 20151,15828,53344.662.98$136,636
Jan 20151,45525,01043.433.10$140,737
Dec 201462217,49154.693.59$96,834
Nov 20141,27724,55170.464.25$194,364
Oct 20141,80025,65178.303.90$241,004
Sep 20142,39730,06286.164.05$328,140
Aug 20142,34430,99489.394.04$334,595
Jul 20142,63633,00996.564.18$392,497
Jun 20143,22741,48198.164.74$513,253
May 20142,84339,49694.734.73$455,998
Apr 20141,69721,82795.944.81$267,779
Mar 20142,08823,75995.895.06$320,363
Feb 20141,50722,50497.406.19$286,127
Jan 20142,48125,96390.404.86$350,481
Dec 20132,66328,24091.824.35$367,487
Nov 20132,70428,43088.853.74$346,530
Oct 20133,53930,98697.423.78$461,877
Sep 20134,15432,096104.113.72$551,798
Aug 20136,00442,155104.253.52$774,413
Jul 20136,15739,160102.523.72$776,802
Jun 20133,76520,75994.403.93$437,070
May 20130094.834.15$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.

Mar 2026 — as filed, then multipliedworked
Oil                  172 bbl  × $ 89.75 =    $15,437
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,437

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/31239 is the state's own key, not one this site invented.