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G.J. SPALDING UNIT

Operated by WALSH & WATTS, INC. (P-5 895060) in the SYLVESTER, EAST (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32557District 7BField 87813500OilCasinghead gasSave
Value, all time
$14.8 M
Oct 2021 – May 2026
Value, last 12 filed months
$877 k
at the published price for each month
Months reported
56
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition147,061 bbl$12,804,918
Casinghead gasProduction508,879 Mcf$1,977,186
Total$14,782,104

Wells on this lease (1)

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 32.7190, -100.1870. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.71897, -100.18696 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,514 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 5,514 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-151332041H5,514 ftMar 2022——

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 (56)

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

56 months

May 20266974,316106.413.05$87,314
Apr 20263674,40298.932.87$48,940
Mar 20267524,56189.753.15$81,857
Feb 20263794,57263.503.75$41,213
Jan 202601,84159.138.00$14,724
Dec 2025364056.664.41$20,624
Nov 20257559,97058.593.93$83,382
Oct 20251,06310,94859.383.30$99,302
Sep 202574210,78562.743.08$79,738
Aug 20251,07711,04863.933.01$102,160
Jul 20251,09011,15266.743.32$109,718
Jun 20251,12910,43566.483.13$107,704
May 20251,11911,32060.553.23$104,345
Apr 20251,13811,09962.363.54$110,291
Mar 20251,15411,66167.704.27$127,899
Feb 20251,15210,48470.884.34$127,163
Jan 20251,48811,58874.324.28$160,170
Dec 20241,12611,65768.993.12$114,069
Nov 20241,46811,59369.052.20$126,852
Oct 20241,49111,26971.372.28$132,122
Sep 20241,4699,85969.612.36$125,567
Aug 20241,6379,85575.632.06$144,143
Jul 20242,0338,48279.932.15$180,705
Jun 20241,4627,26478.082.63$133,286
May 20243883,19878.812.20$37,609
Apr 20241,4788,53184.451.66$138,972
Mar 20241,4989,72280.301.55$135,311
Feb 20241,8718,88676.091.78$158,214
Jan 20242,0859,43173.023.30$183,347
Dec 20232,2399,76971.262.61$185,055
Nov 20232,48710,70377.892.81$223,762
Oct 20232,80610,85785.443.09$273,263
Sep 20232,0589,11489.042.74$208,171
Aug 20232,72012,34580.522.67$252,011
Jul 20233,35013,82974.852.64$287,281
Jun 20233,15811,82468.962.26$244,480
May 20233,36313,67070.622.23$267,944
Apr 20233,76511,37678.122.24$319,579
Mar 20233,19011,20172.852.39$259,197
Feb 20233,80411,51275.112.47$314,103
Jan 20235,00513,74076.533.39$429,580
Dec 20225,49011,83076.415.73$487,266
Nov 20226,35911,48385.005.65$605,350
Oct 20227,2277,29687.185.86$672,832
Sep 20226,3175,70184.888.16$582,728
Aug 20226,0627,36294.529.13$640,174
Jul 20229,54914,037101.587.54$1,075,856
Jun 20227,33013,904115.097.98$954,525
May 202212,05721,680109.378.43$1,501,502
Apr 202211,48819,341104.226.84$1,329,525
Mar 20224,7656,376108.885.08$551,180
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

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                  697 bbl  × $106.41 =    $74,168
Casinghead gas     4,316 Mcf  × $  3.05 =    $13,146

────────────────────────────────────────────────────
Month total                                  $87,314

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/32557 is the state's own key, not one this site invented.