TRUE GRIT

Operated by PARALLEL PETROLEUM LLC (P-5 639028) in the HARRIS (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70369District 8AField 39342375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$16.9 M
Jun 2002 – May 2026
Value, last 12 filed months
$544 k
at the published price for each month
Months reported
132
156 months not filed
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 76 leases and 558 wells, and the rule below applies to all of them.

Discovered
1998-02-25
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 10 acres. The field rule took effect on 2016-03-08.

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: 2112020. P-16'S AND LEASE PLATS REQUIRED.

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
OilDisposition334,128 bbl$16,475,675
Casinghead gasProduction150,811 Mcf$428,283
Total$16,903,957

Every month this lease reported (132)

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

132 months

May 20262390106.413.05$25,432
Apr 2026697098.932.87$68,954
Mar 2026681089.753.15$61,120
Feb 2026554063.503.75$35,179
Jan 2026611059.138.00$36,128
Dec 2025495056.664.41$28,047
Nov 2025501058.593.93$29,354
Oct 2025725059.383.30$43,051
Sep 2025757062.743.08$47,494
Aug 2025719063.933.01$45,966
Jul 2025826066.743.32$55,127
Jun 20251,026066.483.13$68,208
May 2025972060.553.23$58,855
Apr 2025785062.363.54$48,953
Mar 2025767267.704.27$51,934
Feb 2025466270.884.34$33,039
Jan 2025491074.324.28$36,491
Dec 2024552068.993.12$38,082
Nov 2024780069.052.20$53,859
Oct 2024679071.372.28$48,460
Sep 2024604069.612.36$42,044
Aug 2024581075.632.06$43,941
Jul 2024578079.932.15$46,200
Jun 2024832078.082.63$64,963
May 2024590078.812.20$46,498
Apr 2024606084.451.66$51,177
Mar 2024737080.301.55$59,181
Feb 2024552276.091.78$42,005
Jan 20247942573.023.30$58,060
Dec 2023994571.262.61$70,845
Nov 20238261677.892.81$64,382
Oct 202379629985.443.09$68,933
Sep 202378711489.042.74$70,386
Aug 20231,0527480.522.67$84,905
Jul 20237873374.852.64$58,994
Jun 202377816968.962.26$54,033
May 202397551870.622.23$70,008
Apr 202396250178.122.24$76,273
Mar 202396855072.852.39$71,835
Feb 202360412375.112.47$45,670
Jan 20231,088076.533.39$83,265
Dec 2022850076.415.73$64,949
Nov 2022746085.005.65$63,410
Oct 202273818787.185.86$65,435
Sep 202279825384.888.16$69,800
Aug 20221,01144394.529.13$99,603
Jul 20221,077382101.587.54$112,283
Jun 20221,056537115.097.98$125,819
May 20221,108523109.378.43$125,592
Apr 20221,195291104.226.84$126,533
Mar 20221,286167108.885.08$140,867
Feb 20221,24723791.054.86$114,691
Jan 20221,01342581.844.54$84,832
Dec 20211,20770571.323.90$88,832
Nov 20211,24835477.435.24$98,486
Oct 20211,0579379.795.71$84,869
Sep 20211,1882469.865.35$83,122
Aug 20211,26811766.024.22$84,207
Jul 20211,307070.783.98$92,509
Jun 20211,124069.493.38$78,107
May 20211,319063.483.02$83,730
Apr 20211,249060.362.76$75,390
Mar 20211,100061.302.72$67,430
Feb 202176231757.805.55$45,802
Jan 202197449150.412.81$50,479
Dec 20201,19492044.642.68$55,762
Nov 202094968738.772.71$38,652
Oct 20201,04073836.972.48$40,278
Sep 20201,09387437.091.99$42,280
Aug 20201,23596039.982.39$51,665
Jul 20201,22989838.371.83$48,796
Jun 20201,28252934.901.69$45,636
May 2020461216.921.81$800
Apr 20201,93698514.751.80$30,333
Mar 20202,1881,23330.341.86$68,673
Feb 202073012249.881.98$36,654
Jan 202059621657.252.09$34,573
Dec 20194993859.012.30$29,534
Nov 20193444555.302.75$19,147
Oct 201957822653.472.42$31,452
Sep 20191,13566255.052.66$64,241
Aug 20191,44098053.112.30$78,737
Jul 20191,58962356.272.46$90,946
Jun 20191,71050952.782.49$91,522
May 20192,0201,57958.482.74$122,457
Apr 20191,89181662.632.75$120,678
Mar 20192,1201,52356.803.06$125,080
Feb 20191,5971,35850.852.79$84,999
Jan 20191,7631,09246.033.23$84,676
Dec 20182,2881,65146.594.19$113,508
Nov 20182,1531,77452.934.24$121,475
Oct 20182,4621,75661.443.40$157,232
Sep 20182,4221,45459.543.11$148,725
Aug 20183,1521,90159.403.07$193,058
Jul 20183,7002,31665.142.93$247,808
Jun 20182,5531,08260.183.08$156,969
May 20181,8961,43265.382.90$128,114
Apr 20182,62184663.842.90$169,779
Mar 20182,57771461.222.79$159,754
Feb 20182,47156461.782.77$154,218
Jan 20183,65028362.874.01$230,610
Dec 20173,8491,90157.272.92$225,986
Nov 20173,1751,50555.423.12$180,652
Oct 20174,4871,25749.292.98$224,915
Sep 20174,0211,07347.523.09$194,391
Aug 20171,49246445.373.00$69,086
Jul 20174,1001,73943.873.09$185,236
Jun 20173,1491,28142.493.09$137,756
May 20172,6781,28845.373.26$125,704
Apr 201792462347.933.21$46,288
Mar 20173,0472,56446.772.98$150,158
Feb 20174,4753,87950.452.95$237,217
Jan 20177,1635,82649.413.42$373,842
Dec 20168,4074,33848.763.72$426,075
Nov 20163,7482,01742.492.64$164,586
Oct 20165,6972,32246.193.09$270,320
Sep 20166,6453,10141.553.10$285,715
Aug 20166,1643,66341.442.92$266,148
Jul 20167,6795,58941.622.92$335,944
Jun 20168,9346,67245.352.69$423,077
May 20168,7215,32342.521.99$381,415
Apr 20168,0914,49336.561.99$304,753
Mar 201610,4464,95033.011.79$353,703
Feb 201611,8655,88226.472.06$326,205
Jan 201612,9895,76127.352.36$368,870
Dec 20158,1712,44732.362.00$269,311
Nov 20157,3922,65538.792.17$292,490
Oct 201518,94110,31543.552.43$849,911
Sep 201520,0867,32542.992.76$883,703
Aug 201519,7019,06040.162.87$817,217
Jul 2015012148.152.95$356
Jun 20020023.733.34$0

Not filed, and not zero: Jul 2002 – Jun 2015 (156 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                  239 bbl  × $106.41 =    $25,432
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $25,432

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/70369 is the state's own key, not one this site invented.