RIO BRAVO

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 70370District 8AField 39342375Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.7 M
Jun 2002 – May 2026
Value, last 12 filed months
$750 k
at the published price for each month
Months reported
131
157 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
OilDisposition155,489 bbl$7,557,470
Casinghead gasProduction61,158 Mcf$171,178
Total$7,728,648

Every month this lease reported (131)

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

131 months

May 20266040106.413.05$64,272
Apr 2026888098.932.87$87,850
Mar 2026831089.753.15$74,582
Feb 2026769063.503.75$48,832
Jan 20261,285059.138.00$75,982
Dec 20251,241056.664.41$70,315
Nov 2025984058.593.93$57,653
Oct 20251,258059.383.30$74,700
Sep 20251,454062.743.08$91,224
Aug 20251,013063.933.01$64,761
Jul 2025309066.743.32$20,623
Jun 2025295066.483.13$19,612
May 2025334060.553.23$20,224
Apr 2025262062.363.54$16,338
Mar 2025276167.704.27$18,689
Feb 2025246170.884.34$17,441
Jan 2025264074.324.28$19,620
Dec 2024247068.993.12$17,041
Nov 2024284069.052.20$19,610
Oct 2024229071.372.28$16,344
Sep 2024208069.612.36$14,479
Aug 2024236075.632.06$17,849
Jul 2024235079.932.15$18,784
Jun 202476078.082.63$5,934
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024150080.301.55$12,045
Feb 2024218176.091.78$16,589
Jan 2024240873.023.30$17,551
Dec 2023186271.262.61$13,260
Nov 2023224577.892.81$17,461
Oct 20232899485.443.09$24,982
Sep 20232663889.042.74$23,789
Aug 20232952380.522.67$23,815
Jul 20232471074.852.64$18,514
Jun 20232595368.962.26$17,980
May 202332516270.622.23$23,312
Apr 202331415678.122.24$24,879
Mar 202327517272.852.39$20,445
Feb 20231333875.112.47$10,083
Jan 2023205076.533.39$15,689
Dec 2022269076.415.73$20,554
Nov 2022298085.005.65$25,330
Oct 20222955987.185.86$26,064
Sep 20223067984.888.16$26,618
Aug 202231413894.529.13$30,939
Jul 2022308119101.587.54$32,184
Jun 2022309168115.097.98$36,903
May 2022332164109.378.43$37,694
Apr 202234191104.226.84$36,161
Mar 202236852108.885.08$40,332
Feb 20223567491.054.86$32,773
Jan 202229313381.844.54$24,583
Dec 202136622071.323.90$26,961
Nov 202140617777.435.24$32,364
Oct 202130115579.795.71$24,902
Sep 20213404069.865.35$23,966
Aug 20214163266.024.22$27,599
Jul 2021338070.783.98$23,924
Jun 2021323069.493.38$22,445
May 2021431063.483.02$27,360
Apr 2021423060.362.76$25,532
Mar 2021598061.302.72$36,657
Feb 202159410757.805.55$34,927
Jan 202172717950.412.81$37,151
Dec 202079226244.642.68$36,056
Nov 202043422338.772.71$17,430
Oct 202046821836.972.48$17,842
Sep 202051525037.091.99$19,599
Aug 202053632339.982.39$22,200
Jul 202057534638.371.83$22,694
Jun 202070316334.901.69$24,810
May 202019416.921.81$329
Apr 202081122614.751.80$12,370
Mar 202081419730.341.86$25,062
Feb 20208367449.881.98$41,846
Jan 202071442457.252.09$41,765
Dec 201963833259.012.30$38,413
Nov 201959751955.302.75$34,442
Oct 201960943553.472.42$33,615
Sep 201938331455.052.66$21,919
Aug 201942417853.112.30$22,929
Jul 20194025556.272.46$22,756
Jun 20193974352.782.49$21,061
May 201950714258.482.74$30,038
Apr 201964313462.632.75$40,640
Mar 201974517556.803.06$42,852
Feb 201972118050.852.79$37,165
Jan 201971815346.033.23$33,543
Dec 201853116946.594.19$25,447
Nov 201857026652.934.24$31,297
Oct 201865523661.443.40$41,045
Sep 201879722059.543.11$48,137
Aug 201888126159.403.07$53,132
Jul 201883329865.142.93$55,135
Jun 20181,09422460.183.08$66,526
May 20181,16382165.382.90$78,419
Apr 20181,5621,69963.842.90$104,647
Mar 20181,48190161.222.79$93,178
Feb 20181,37433261.782.77$85,804
Jan 20181,72940362.874.01$110,318
Dec 20171,9361,11857.272.92$114,141
Nov 20171,5881,56155.423.12$92,875
Oct 20171,6861,61349.292.98$87,916
Sep 20171,3151,01847.523.09$65,632
Aug 201781959345.373.00$38,940
Jul 20171,16555343.873.09$52,816
Jun 20171,44459442.493.09$63,189
May 20171,50978545.373.26$71,025
Apr 20171,8931,07047.933.21$94,168
Mar 20171,95181546.772.98$93,680
Feb 20172,0101,24350.452.95$105,075
Jan 20173,2481,54949.413.42$165,779
Dec 20163,0071,42848.763.72$151,938
Nov 20161,9831,17642.492.64$87,367
Oct 20162,48697846.193.09$117,851
Sep 20163,1831,17341.553.10$135,891
Aug 20162,4761,40741.442.92$106,720
Jul 20162,8011,24041.622.92$120,204
Jun 20163,4341,70845.352.69$160,319
May 20163,4091,19542.521.99$147,330
Apr 20163,5741,89136.561.99$134,431
Mar 20164,5022,09533.011.79$152,369
Feb 20164,9522,44626.472.06$136,127
Jan 20165,4712,43427.352.36$155,387
Dec 20155,9871,72532.362.00$197,192
Nov 20155,7851,94038.792.17$228,605
Oct 20158,4063,34243.552.43$374,191
Sep 201513,1275,13742.992.76$578,500
Aug 20157,1653,38040.162.87$297,455
Jun 20020023.733.34$0

Not filed, and not zero: Jul 2002 – Jul 2015 (157 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                  604 bbl  × $106.41 =    $64,272
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $64,272

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/70370 is the state's own key, not one this site invented.