CULLEN

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 70602District 8AField 24225500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$7.5 M
May 2017 – May 2026
Value, last 12 filed months
$694 k
at the published price for each month
Months reported
109
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
OilDisposition122,048 bbl$7,463,372
Casinghead gasProduction6,016 Mcf$21,782
Total$7,485,154

Every month this lease reported (109)

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

109 months

May 20269610106.413.05$102,260
Apr 20268743698.932.87$86,568
Mar 20268008389.753.15$72,061
Feb 20265874263.503.75$37,432
Jan 20267618959.138.00$45,710
Dec 202595411956.664.41$54,579
Nov 20259047558.593.93$53,260
Oct 20256619659.383.30$39,567
Sep 20255181762.743.08$32,552
Aug 2025852063.933.01$54,468
Jul 202585211166.743.32$57,230
Jun 20258746166.483.13$58,294
May 20258594760.553.23$52,164
Apr 20257445262.363.54$46,580
Mar 202592410767.704.27$63,012
Feb 202594310870.884.34$67,309
Jan 202593011474.324.28$69,605
Dec 20241,06210468.993.12$73,592
Nov 20241,017069.052.20$70,224
Oct 2024846071.372.28$60,379
Sep 20244905169.612.36$34,229
Aug 20248845675.632.06$66,972
Jul 20248841779.932.15$70,695
Jun 20249252978.082.63$72,300
May 20247465178.812.20$58,904
Apr 2024407084.451.66$34,371
Mar 2024835080.301.55$67,051
Feb 2024776076.091.78$59,046
Jan 20248121773.023.30$59,348
Dec 20237806471.262.61$55,750
Nov 20237676777.892.81$59,930
Oct 202369510585.443.09$59,705
Sep 202372710689.042.74$65,022
Aug 20238057080.522.67$65,006
Jul 20237524574.852.64$56,406
Jun 2023783368.962.26$54,002
May 202370310270.622.23$49,873
Apr 20236418078.122.24$50,254
Mar 20237418072.852.39$54,173
Feb 2023672075.112.47$50,474
Jan 2023606076.533.39$46,377
Dec 20226915076.415.73$53,086
Nov 20226336185.005.65$54,149
Oct 20226838687.185.86$60,048
Sep 20227288584.888.16$62,487
Aug 20227026894.529.13$66,974
Jul 202267375101.587.54$68,929
Jun 2022666103115.097.98$77,472
May 202267742109.378.43$74,398
Apr 202271195104.226.84$74,750
Mar 202272999108.885.08$79,876
Feb 20226707091.054.86$61,344
Jan 20226517181.844.54$53,600
Dec 20215765571.323.90$41,295
Nov 20211872277.435.24$14,595
Oct 202177413179.795.71$62,506
Sep 20216485169.865.35$45,542
Aug 20213643366.024.22$24,171
Jul 20215746170.783.98$40,871
Jun 20215474269.493.38$38,153
May 20215641263.483.02$35,839
Apr 20215913260.362.76$35,761
Mar 20216094961.302.72$37,465
Feb 20214634157.805.55$26,989
Jan 20216739950.412.81$34,204
Dec 20205999244.642.68$26,986
Nov 20207939738.772.71$31,007
Oct 202083414036.972.48$31,180
Sep 20204878137.091.99$18,224
Aug 20201361139.982.39$5,464
Jul 20205286338.371.83$20,374
Jun 20205982534.901.69$20,912
May 20200016.921.81$0
Apr 20204632314.751.80$6,871
Mar 20201,06512130.341.86$32,537
Feb 20201,00311349.881.98$50,253
Jan 20201,3647957.252.09$78,254
Dec 20191,4259259.012.30$84,301
Nov 20191,0554855.302.75$58,474
Oct 20191,37013253.472.42$73,573
Sep 201993313055.052.66$51,707
Aug 201978211853.112.30$41,804
Jul 20191,30724856.272.46$74,155
Jun 20191,48222952.782.49$78,790
May 20191,50617958.482.74$88,561
Apr 20191,305062.632.75$81,732
Mar 20191,523056.803.06$86,506
Feb 20191,647050.852.79$83,750
Jan 20191,965046.033.23$90,449
Dec 20181,829046.594.19$85,213
Nov 20181,983852.934.24$104,994
Oct 20182,234961.443.40$137,288
Sep 20182,148959.543.11$127,920
Aug 20182,5641159.403.07$152,335
Jul 20182,212965.142.93$144,116
Jun 20182,4831060.183.08$149,458
May 20181,941165.382.90$126,905
Apr 20181,927663.842.90$123,037
Mar 20181,774461.222.79$108,615
Feb 2018895361.782.77$55,301
Jan 20187187962.874.01$45,457
Dec 20171,679757.272.92$96,177
Nov 20172,038955.423.12$112,974
Oct 20171,672649.292.98$82,431
Sep 20172,721947.523.09$129,330
Aug 20173,5021445.373.00$158,928
Jul 20175,1251943.873.09$224,892
Jun 20176,9162642.493.09$293,941
May 20174,3791945.373.26$198,737

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                  961 bbl  × $106.41 =   $102,260
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $102,260

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/70602 is the state's own key, not one this site invented.