HEDBERG ESTATE "F"

Operated by TEXLAND PETROLEUM, L.P. (P-5 849735) in the DEMPSEY CREEK (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68877District 8AField 24225500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$14.3 M
Dec 2005 – May 2026
Value, last 12 filed months
$533 k
at the published price for each month
Months reported
246
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 61 leases and 96 wells, and the rule below applies to all of them.

Discovered
1955-07-23
as the register files it
Field class
Oil
the register's own label
Between wells
0 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 2012-02-28.

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: RULES AND TAKE POINTS.

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
OilDisposition208,186 bbl$14,304,087
Casinghead gasProduction270 Mcf$887
Total$14,304,975

Every month this lease reported (246)

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

246 months

May 20266950106.413.05$73,955
Apr 2026561098.932.87$55,500
Mar 2026620089.753.15$55,645
Feb 2026697063.503.75$44,260
Jan 2026433059.138.00$25,603
Dec 2025655056.664.41$37,112
Nov 2025611058.593.93$35,798
Oct 2025604059.383.30$35,866
Sep 2025671062.743.08$42,099
Aug 2025597063.933.01$38,166
Jul 2025718066.743.32$47,919
Jun 2025621066.483.13$41,284
May 2025600060.553.23$36,330
Apr 2025554062.363.54$34,547
Mar 2025703067.704.27$47,593
Feb 2025637070.884.34$45,151
Jan 2025502074.324.28$37,309
Dec 2024668068.993.12$46,085
Nov 2024658069.052.20$45,435
Oct 2024651071.372.28$46,462
Sep 2024627069.612.36$43,645
Aug 2024668075.632.06$50,521
Jul 2024633079.932.15$50,596
Jun 2024665078.082.63$51,923
May 2024613078.812.20$48,311
Apr 2024752084.451.66$63,506
Mar 2024601080.301.55$48,260
Feb 2024678076.091.78$51,589
Jan 2024625073.023.30$45,638
Dec 2023649071.262.61$46,248
Nov 2023645077.892.81$50,239
Oct 2023621085.443.09$53,058
Sep 2023681089.042.74$60,636
Aug 2023613080.522.67$49,359
Jul 2023721074.852.64$53,967
Jun 2023584068.962.26$40,273
May 2023737070.622.23$52,047
Apr 2023667078.122.24$52,106
Mar 2023683072.852.39$49,757
Feb 2023682075.112.47$51,225
Jan 2023722076.533.39$55,255
Dec 2022645076.415.73$49,284
Nov 2022622085.005.65$52,870
Oct 2022718087.185.86$62,595
Sep 2022688084.888.16$58,397
Aug 2022729094.529.13$68,905
Jul 20227590101.587.54$77,099
Jun 20226710115.097.98$77,225
May 20227790109.378.43$85,199
Apr 20227500104.226.84$78,165
Mar 20226790108.885.08$73,930
Feb 2022806091.054.86$73,386
Jan 2022620081.844.54$50,741
Dec 2021722071.323.90$51,493
Nov 2021866077.435.24$67,054
Oct 2021678079.795.71$54,098
Sep 2021720069.865.35$50,299
Aug 2021743066.024.22$49,053
Jul 2021762070.783.98$53,934
Jun 2021779069.493.38$54,133
May 2021781063.483.02$49,578
Apr 2021726060.362.76$43,821
Mar 2021870061.302.72$53,331
Feb 2021585057.805.55$33,813
Jan 2021698050.412.81$35,186
Dec 2020727044.642.68$32,453
Nov 2020915038.772.71$35,475
Oct 2020810036.972.48$29,946
Sep 2020685037.091.99$25,407
Aug 20201,064039.982.39$42,539
Jul 2020663038.371.83$25,439
Jun 20201,272034.901.69$44,393
May 20200016.921.81$0
Apr 2020582014.751.80$8,585
Mar 2020829030.341.86$25,152
Feb 2020876049.881.98$43,695
Jan 2020870057.252.09$49,808
Dec 2019994059.012.30$58,656
Nov 2019664055.302.75$36,719
Oct 2019942053.472.42$50,369
Sep 2019828055.052.66$45,581
Aug 2019912053.112.30$48,436
Jul 20191,016056.272.46$57,170
Jun 2019974052.782.49$51,408
May 2019987058.482.74$57,720
Apr 20191,049062.632.75$65,699
Mar 2019983056.803.06$55,834
Feb 2019910050.852.79$46,274
Jan 2019857046.033.23$39,448
Dec 2018917046.594.19$42,723
Nov 2018988352.934.24$52,308
Oct 2018956461.443.40$58,750
Sep 2018942459.543.11$56,099
Aug 20181,074459.403.07$63,808
Jul 2018918465.142.93$59,810
Jun 2018968360.183.08$58,263
May 2018948465.382.90$61,992
Apr 2018954363.842.90$60,912
Mar 2018893361.222.79$54,678
Feb 2018909361.782.77$56,166
Jan 2018980462.874.01$61,629
Dec 20171,114457.272.92$63,810
Nov 2017885455.423.12$49,059
Oct 20171,062449.292.98$52,358
Sep 20171,091347.523.09$51,854
Aug 20171,035445.373.00$46,970
Jul 2017886443.873.09$38,881
Jun 2017900442.493.09$38,253
May 2017893445.373.26$40,528
Apr 20171,076347.933.21$51,582
Mar 2017881446.772.98$41,216
Feb 2017858350.452.95$43,295
Jan 20171,234349.413.42$60,982
Dec 2016712348.763.72$34,728
Nov 2016893442.492.64$37,954
Oct 20161,072446.193.09$49,528
Sep 20161,070441.553.10$44,471
Aug 20161,217441.442.92$50,444
Jul 2016874441.622.92$36,388
Jun 20161,054445.352.69$47,810
May 2016880442.521.99$37,426
Apr 20161,034436.561.99$37,811
Mar 20161,055433.011.79$34,833
Feb 2016850326.472.06$22,506
Jan 20161,182427.352.36$32,337
Dec 2015854432.362.00$27,643
Nov 2015880338.792.17$34,142
Oct 2015862343.552.43$37,547
Sep 2015878342.992.76$37,754
Aug 2015708340.162.87$28,442
Jul 20151,071348.152.95$51,577
Jun 2015681256.152.88$38,244
May 2015502255.212.96$27,721
Apr 2015536249.822.71$26,709
Mar 2015369142.892.93$15,829
Feb 2015550144.662.98$24,566
Jan 2015537243.433.10$23,328
Dec 2014527254.693.59$28,829
Nov 2014545270.464.25$38,409
Oct 2014521278.303.90$40,802
Sep 2014674286.164.05$58,080
Aug 2014692289.394.04$61,866
Jul 2014363296.564.18$35,060
Jun 2014872298.164.74$85,605
May 2014529294.734.73$50,122
Apr 2014513295.944.81$49,227
Mar 2014709295.895.06$67,996
Feb 2014344297.406.19$33,518
Jan 2014506290.404.86$45,752
Dec 2013850291.824.35$78,056
Nov 2013695288.853.74$61,758
Oct 2013697297.423.78$67,909
Sep 20136742104.113.72$70,178
Aug 20136722104.253.52$70,063
Jul 20135052102.523.72$51,780
Jun 2013532294.403.93$50,229
May 2013878294.834.15$83,269
Apr 2013698293.964.28$65,593
Mar 2013526293.623.91$49,252
Feb 2013701291.233.42$63,959
Jan 2013702291.603.42$64,310
Dec 2012519286.773.42$45,040
Nov 2012523286.953.62$45,482
Oct 2012880289.383.40$78,661
Sep 2012701294.672.92$66,370
Aug 2012699292.662.91$64,775
Jul 2012708385.133.02$60,281
Jun 2012700379.822.52$55,882
May 2012692291.612.49$63,399
Apr 20128862101.652.00$90,066
Mar 20127051105.052.22$74,062
Feb 20126972101.102.57$70,472
Jan 2012699398.092.73$68,573
Dec 2011858396.873.24$83,124
Nov 2011701395.723.31$67,110
Oct 2011710384.983.65$60,347
Sep 2011705383.623.99$58,964
Aug 2011704383.404.15$58,726
Jul 2011871394.144.52$82,009
Jun 20111,036392.904.64$96,258
May 2011529398.134.40$51,924
Apr 20115202105.964.33$55,108
Mar 20111,027396.364.06$98,974
Feb 2011348385.644.18$29,815
Jan 2011723386.504.59$62,553
Dec 20101,062385.734.35$91,058
Nov 2010713080.843.80$57,639
Oct 2010890078.103.51$69,509
Sep 2010713072.633.98$51,785
Aug 2010881073.684.42$64,912
Jul 2010890072.554.74$64,570
Jun 2010880070.364.91$61,917
May 2010883071.124.24$62,799
Apr 2010888081.694.12$72,541
Mar 2010912078.394.39$71,492
Feb 2010717073.585.44$52,757
Jan 2010893074.365.96$66,403
Dec 2009890071.445.48$63,582
Nov 2009883074.593.75$65,863
Oct 20091,037072.544.11$75,224
Sep 2009879065.543.06$57,610
Aug 20091,044067.423.22$70,386
Jul 20091,049061.133.46$64,125
Jun 20091,061066.163.90$70,196
May 20091,069054.743.93$58,517
Apr 20091,226046.773.59$57,340
Mar 20091,058042.144.06$44,584
Feb 20091,238032.814.63$40,619
Jan 20091,433035.865.37$51,387
Dec 20081,427037.105.98$52,942
Nov 20081,250055.496.86$69,363
Oct 20081,760075.246.92$132,422
Sep 20081,0770101.767.88$109,596
Aug 20081,0460114.228.48$119,474
Jul 20081,0440131.0811.39$136,848
Jun 20081,3910131.3313.03$182,680
May 20081,0340123.1711.57$127,358
Apr 20081,2110110.3110.45$133,585
Mar 20081,3770101.909.66$140,316
Feb 20081,210092.538.77$111,961
Jan 20081,364090.388.21$123,278
Dec 20072,067088.337.30$182,578
Nov 2007866091.677.29$79,386
Oct 20071,738082.856.92$143,993
Sep 20071,505075.846.24$114,139
Aug 20071,886069.066.39$130,247
Jul 20071,843070.906.39$130,669
Jun 20072,199062.007.55$136,338
May 20071,523058.747.85$89,461
Apr 20071,362059.617.81$81,189
Mar 20071,561056.927.30$88,852
Feb 20071,007055.108.22$55,486
Jan 20071,375050.306.73$69,163
Dec 20061,047056.656.92$59,313
Nov 20061,204054.207.62$65,257
Oct 2006873054.906.01$47,928
Sep 20061,013060.085.04$60,861
Aug 2006874068.717.34$60,053
Jul 2006857069.376.34$59,450
Jun 2006857066.286.38$56,802
May 2006857066.016.42$56,571
Apr 20061,193064.397.36$76,817
Mar 2006671056.707.08$38,046
Feb 2006864057.597.75$49,758
Jan 2006514060.598.93$31,143
Dec 2005173054.9413.42$9,505

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                  695 bbl  × $106.41 =    $73,955
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $73,955

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. 8A/O/68877 is the state's own key, not one this site invented.