HARDWICK

Operated by S.B. STREET OPERATING, INC. (P-5 740251) 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 32692District 7BField 48294600Hydrogen sulphide fieldOilSaveExport
Value, all time
$1.7 M
Jun 2023 – May 2026
Value, last 12 filed months
$481 k
at the published price for each month
Months reported
36
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
OilDisposition22,750 bbl$1,678,992
Total$1,678,992

Every month this lease reported (36)

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

36 months

May 2026523106.413.05$55,652
Apr 202652698.932.87$52,037
Mar 202652089.753.15$46,670
Feb 202668463.503.75$43,434
Jan 202635259.138.00$20,814
Dec 202553456.664.41$30,256
Nov 202553458.593.93$31,287
Oct 202569559.383.30$41,269
Sep 202552762.743.08$33,064
Aug 202569963.933.01$44,687
Jul 202552566.743.32$35,039
Jun 202570166.483.13$46,602
May 202570260.553.23$42,506
Apr 202552662.363.54$32,801
Mar 202588967.704.27$60,185
Feb 202535770.884.34$25,304
Jan 202572174.324.28$53,585
Dec 202471168.993.12$49,052
Nov 202450769.052.20$35,008
Oct 202417071.372.28$12,133
Sep 202464669.612.36$44,968
Aug 202463575.632.06$48,025
Jul 202467779.932.15$54,113
Jun 202452578.082.63$40,992
May 202486578.812.20$68,171
Apr 202452084.451.66$43,914
Mar 202487480.301.55$70,182
Feb 202452576.091.78$39,947
Jan 202470873.023.30$51,698
Dec 202387271.262.61$62,139
Nov 202387877.892.81$68,387
Oct 202369385.443.09$59,210
Sep 202382789.042.74$73,636
Aug 20231,04580.522.67$84,143
Jul 202388174.852.64$65,943
Jun 202317668.962.26$12,137

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                  523 bbl  × $106.41 =    $55,652

────────────────────────────────────────────────────
Month total                                  $55,652

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/32692 is the state's own key, not one this site invented.