SUPERIOR-KNIGHT

Operated by BOB HUGHES OIL COMPANY, LLC (P-5 78050) in the JAMESON (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 290488District 7CField 45580666CondensateGasSaveExport
Value, all time
$52 k
Jan 2021 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
65
no gaps in the span
Streams
2
condensate, 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 209 leases and 781 wells, and the rule below applies to all of them.

Discovered
1952-01-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1959-10-01.

The Commission's schedule remark for this field reads: 640 ACRES

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
CondensateDisposition507 bbl$37,786
GasProduction3,075 Mcf$14,128
Total$51,914

Every month this lease reported (65)

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

65 months

May 2026063106.413.05$192
Apr 202605598.932.87$158
Mar 202605289.753.15$164
Feb 202603363.503.75$124
Jan 202606759.138.00$536
Dec 202502956.664.41$128
Nov 202506058.593.93$236
Oct 202501959.383.30$63
Sep 20250962.743.08$28
Aug 202506063.933.01$181
Jul 202505066.743.32$166
Jun 20250066.483.13$0
May 202502960.553.23$94
Apr 202506362.363.54$223
Mar 20251555767.704.27$10,737
Feb 202504470.884.34$191
Jan 202506674.324.28$282
Dec 202405768.993.12$178
Nov 202405769.052.20$125
Oct 202403571.372.28$80
Sep 202403569.612.36$83
Aug 202404275.632.06$87
Jul 202405079.932.15$107
Jun 20240778.082.63$18
May 20240078.812.20$0
Apr 20241766084.451.66$14,963
Mar 20240880.301.55$12
Feb 202401476.091.78$25
Jan 202401073.023.30$33
Dec 202301371.262.61$34
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202304289.042.74$115
Aug 202304080.522.67$107
Jul 202304474.852.64$116
Jun 202303868.962.26$86
May 202317610170.622.23$12,654
Apr 202304778.122.24$105
Mar 202308472.852.39$201
Feb 202308775.112.47$215
Jan 202307576.533.39$254
Dec 202207176.415.73$407
Nov 202204785.005.65$265
Oct 202208987.185.86$522
Sep 202202384.888.16$188
Aug 202206294.529.13$566
Jul 202205101.587.54$38
Jun 20220558115.097.98$4,451
May 2022011109.378.43$93
Apr 2022023104.226.84$157
Mar 2022063108.885.08$320
Feb 202205091.054.86$243
Jan 202206081.844.54$272
Dec 202105071.323.90$195
Nov 202105077.435.24$262
Oct 202101879.795.71$103
Sep 202102169.865.35$112
Aug 202102366.024.22$97
Jul 202102370.783.98$92
Jun 202102569.493.38$85
May 202101663.483.02$48
Apr 202102960.362.76$80
Mar 202103261.302.72$87
Feb 202102457.805.55$133
Jan 20210050.412.81$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
Condensate             0 bbl  × $106.41 =         $0
Gas                   63 Mcf  × $  3.05 =       $192

────────────────────────────────────────────────────
Month total                                     $192

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. 7C/G/290488 is the state's own key, not one this site invented.