MULLINS "12"

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the ACKERLY (DEAN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68950District 8AField 00448200OilCasinghead gasSaveExport
Value, all time
$4.0 M
Jun 2006 – May 2026
Value, last 12 filed months
$266
at the published price for each month
Months reported
240
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 350 leases and 843 wells, and the rule below applies to all of them.

Discovered
1954-06-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
900 ft
minimum
From a lease line
550 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2017-01-24.

The Commission's schedule remark for this field reads: RULES.

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
OilDisposition55,214 bbl$3,791,716
Casinghead gasProduction31,624 Mcf$168,771
Total$3,960,487

Every month this lease reported (240)

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

240 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20254066.483.13$266
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20253074.324.28$223
Dec 202427068.993.12$1,863
Nov 20240069.052.20$0
Oct 202411117771.372.28$8,326
Sep 2024215069.612.36$14,966
Aug 202426348175.632.06$20,883
Jul 202420519279.932.15$16,798
Jun 202415517078.082.63$12,550
May 20244411178.812.20$3,712
Apr 20245910584.451.66$5,157
Mar 202414321980.301.55$11,821
Feb 202421121276.091.78$16,433
Jan 20241913573.023.30$1,833
Dec 20235628071.262.61$4,722
Nov 202311518577.892.81$9,477
Oct 20231167785.443.09$10,149
Sep 20239210489.042.74$8,476
Aug 202310310180.522.67$8,564
Jul 202311610274.852.64$8,952
Jun 20239919868.962.26$7,274
May 20238810170.622.23$6,440
Apr 202319211778.122.24$15,261
Mar 202379072.852.39$5,755
Feb 202387075.112.47$6,535
Jan 202386076.533.39$6,582
Dec 2022179076.415.73$13,677
Nov 202282085.005.65$6,970
Oct 202278087.185.86$6,800
Sep 2022105084.888.16$8,912
Aug 202232094.529.13$3,025
Jul 2022730101.587.54$7,415
Jun 202200115.097.98$0
May 2022820109.378.43$8,968
Apr 2022880104.226.84$9,171
Mar 2022920108.885.08$10,017
Feb 2022193091.054.86$17,573
Jan 202295081.844.54$7,775
Dec 202197071.323.90$6,918
Nov 202197077.435.24$7,511
Oct 2021185079.795.71$14,761
Sep 202183069.865.35$5,798
Aug 2021180066.024.22$11,884
Jul 202178070.783.98$5,521
Jun 202168069.493.38$4,725
May 202171063.483.02$4,507
Apr 202172060.362.76$4,346
Mar 202148061.302.72$2,942
Feb 20210057.805.55$0
Jan 2021110050.412.81$5,545
Dec 20200044.642.68$0
Nov 202066038.772.71$2,559
Oct 202084036.972.48$3,105
Sep 2020149037.091.99$5,526
Aug 202064039.982.39$2,559
Jul 2020140038.371.83$5,372
Jun 202090034.901.69$3,141
May 202081016.921.81$1,371
Apr 202088014.751.80$1,298
Mar 2020183030.341.86$5,552
Feb 2020161049.881.98$8,031
Jan 202091057.252.09$5,210
Dec 2019189059.012.30$11,153
Nov 201987055.302.75$4,811
Oct 2019143053.472.42$7,646
Sep 2019121055.052.66$6,661
Aug 2019130053.112.30$6,904
Jul 2019111056.272.46$6,246
Jun 201994052.782.49$4,961
May 2019134058.482.74$7,836
Apr 2019128062.632.75$8,017
Mar 2019741856.803.06$4,258
Feb 20191392550.852.79$7,138
Jan 2019855446.033.23$4,087
Dec 201857946.594.19$2,693
Nov 20181281952.934.24$6,856
Oct 201813410161.443.40$8,576
Sep 20181169459.543.11$7,199
Aug 2018716659.403.07$4,420
Jul 20181753465.142.93$11,499
Jun 201851060.183.08$3,069
May 20181648465.382.90$10,966
Apr 20181868663.842.90$12,124
Mar 20188411161.222.79$5,452
Feb 20181638761.782.77$10,311
Jan 201827210362.874.01$17,514
Dec 20178612557.272.92$5,290
Nov 20171749555.423.12$9,939
Oct 201717511949.292.98$8,981
Sep 20179412747.523.09$4,859
Aug 201717112445.373.00$8,131
Jul 201717412743.873.09$8,025
Jun 201717412642.493.09$7,782
May 201718913045.373.26$8,999
Apr 201719413647.933.21$9,735
Mar 201719412246.772.98$9,437
Feb 201727311550.452.95$14,112
Jan 20179211849.413.42$4,949
Dec 20161899648.763.72$9,573
Nov 2016849242.492.64$3,812
Oct 201618611846.193.09$8,956
Sep 20161788041.553.10$7,644
Aug 20161469141.442.92$6,316
Jul 20164112041.622.92$2,057
Jun 20166915245.352.69$3,537
May 201617012742.521.99$7,481
Apr 20162389536.561.99$8,890
Mar 2016836633.011.79$2,858
Feb 20162472526.472.06$6,590
Jan 20161739827.352.36$4,963
Dec 201514413532.362.00$4,930
Nov 20151659938.792.17$6,615
Oct 20151728043.552.43$7,685
Sep 2015226042.992.76$9,716
Aug 2015164440.162.87$6,598
Jul 2015884548.152.95$4,370
Jun 2015883956.152.88$5,054
May 20159017355.212.96$5,480
Apr 20151446549.822.71$7,350
Mar 20151083842.892.93$4,744
Feb 20151492744.662.98$6,735
Jan 20151071143.433.10$4,681
Dec 2014148054.693.59$8,094
Nov 20141651870.464.25$11,702
Oct 20141095078.303.90$8,730
Sep 20141707586.164.05$14,951
Aug 20141169489.394.04$10,749
Jul 20141789296.564.18$17,572
Jun 20141129098.164.74$11,420
May 20141659894.734.73$16,094
Apr 20141708995.944.81$16,738
Mar 20141674295.895.06$16,226
Feb 20141583397.406.19$15,594
Jan 20142059590.404.86$18,994
Dec 20131787891.824.35$16,684
Nov 201326115988.853.74$23,784
Oct 201316223197.423.78$16,655
Sep 2013181257104.113.72$19,799
Aug 2013132139104.253.52$14,251
Jul 2013135157102.523.72$14,424
Jun 201317812194.403.93$17,279
May 201319411194.834.15$18,858
Apr 20131759093.964.28$16,828
Mar 20132326293.623.91$21,962
Feb 20131904991.233.42$17,501
Jan 20132018791.603.42$18,709
Dec 20122176386.773.42$19,045
Nov 201231418486.953.62$27,969
Oct 2012186089.383.40$16,625
Sep 2012245094.672.92$23,194
Aug 2012300092.662.91$27,798
Jul 201218113485.133.02$15,813
Jun 20121595179.822.52$12,820
May 201226817991.612.49$24,997
Apr 2012360271101.652.00$37,135
Mar 2012289176105.052.22$30,751
Feb 20123530101.102.57$35,688
Jan 20124872398.092.73$47,833
Dec 2011276396.873.24$26,746
Nov 2011298595.723.31$28,541
Oct 2011246084.983.65$20,905
Sep 2011467883.623.99$39,082
Aug 2011555083.404.15$46,287
Jul 20111296194.144.52$12,420
Jun 201116213692.904.64$15,681
May 20111618398.134.40$16,165
Apr 2011197198105.964.33$21,732
Mar 201119720196.364.06$19,798
Feb 201116220285.644.18$14,718
Jan 201126113886.504.59$23,210
Dec 201017216385.734.35$15,454
Nov 201019819280.843.80$16,735
Oct 201012715278.103.51$10,452
Sep 2010948472.633.98$7,162
Aug 20102789273.684.42$20,890
Jul 201026011572.554.74$19,408
Jun 201029117870.364.91$21,349
May 201029419271.124.24$21,722
Apr 201035217881.694.12$29,489
Mar 201034212278.394.39$27,345
Feb 20102679873.585.44$20,179
Jan 201026015274.365.96$20,240
Dec 200931716671.445.48$23,557
Nov 200925517174.593.75$19,662
Oct 200944117372.544.11$32,701
Sep 200935321465.543.06$23,791
Aug 200947420367.423.22$32,610
Jul 200927313461.133.46$17,153
Jun 200942018866.163.90$28,519
May 200935212654.743.93$19,763
Apr 200943416046.773.59$20,872
Mar 200957724442.144.06$25,305
Feb 20091,18648832.814.63$41,174
Jan 20091,22251735.865.37$46,598
Dec 20081,21952937.105.98$48,387
Nov 20081,22169255.496.86$72,501
Oct 200836541975.246.92$30,363
Sep 200800101.767.88$0
Aug 200802114.228.48$17
Jul 2008185155131.0811.39$26,015
Jun 2008544383131.3313.03$76,435
May 2008360375123.1711.57$48,682
Apr 2008362337110.3110.45$43,456
Mar 2008549285101.909.66$58,697
Feb 200836626792.538.77$36,208
Jan 200836336390.388.21$35,787
Dec 200772131388.337.30$65,971
Nov 200754878291.677.29$55,937
Oct 200718334382.856.92$17,536
Sep 200767539575.846.24$53,658
Aug 200736036269.066.39$27,174
Jul 200773128870.906.39$53,668
Jun 200736433862.007.55$25,119
May 200770958158.747.85$46,205
Apr 200771358459.617.81$47,060
Mar 200754766256.927.30$35,969
Feb 200772162655.108.22$44,870
Jan 200788982850.306.73$50,287
Dec 200673680856.656.92$47,285
Nov 20069321,11654.207.62$59,016
Oct 20061,0891,41354.906.01$68,284
Sep 20067301,25560.085.04$50,180
Aug 20061,27989068.717.34$94,413
Jul 20061,804069.376.34$125,143
Jun 20061,610066.286.38$106,711

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.

Jun 2025 — as filed, then multipliedworked
Oil                    4 bbl  × $ 66.48 =       $266
Casinghead gas         0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                     $266

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/68950 is the state's own key, not one this site invented.