TIPTON, IDA E.

Name: TIPTON, IDA E. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NOG PRODUCTION & OPERATING LLC (P-5 612414) in the BOYCE (RECKLAW) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 972District 02Field 11023426CondensateGasSave Export

Value, all time

$354 k

Jan 1993 – May 2026

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

condensate, gas

The BOYCE (RECKLAW) field

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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered

1955-04-12

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 05/01/89.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	84 bbl	$5,090
Gas	Production	52,679 Mcf	$349,098
Total			$354,188

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.8090, -97.5524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.80900, -97.55238 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

7,740 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

00.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,740 ft.

Completions filed

Jan 2005

1 of 1 wells

1 well


42-17500228	2	7,740 ft	Jan 2005	—	—

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

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

401 months


May 2026	0	0	106.41	3.05	$0
Apr 2026	0	55	98.93	2.87	$158
Mar 2026	0	54	89.75	3.15	$170
Feb 2026	0	54	63.50	3.75	$203
Jan 2026	0	55	59.13	8.00	$440
Dec 2025	0	54	56.66	4.41	$238
Nov 2025	0	58	58.59	3.93	$228
Oct 2025	0	58	59.38	3.30	$192
Sep 2025	0	60	62.74	3.08	$185
Aug 2025	0	60	63.93	3.01	$181
Jul 2025	0	55	66.74	3.32	$182
Jun 2025	0	55	66.48	3.13	$172
May 2025	0	54	60.55	3.23	$175
Apr 2025	0	54	62.36	3.54	$191
Mar 2025	0	56	67.70	4.27	$239
Feb 2025	0	56	70.88	4.34	$243
Jan 2025	0	57	74.32	4.28	$244
Dec 2024	0	56	68.99	3.12	$175
Nov 2024	0	60	69.05	2.20	$132
Oct 2024	0	60	71.37	2.28	$137
Sep 2024	0	60	69.61	2.36	$142
Aug 2024	0	60	75.63	2.06	$124
Jul 2024	0	58	79.93	2.15	$125
Jun 2024	0	52	78.08	2.63	$137
May 2024	0	60	78.81	2.20	$132
Apr 2024	0	60	84.45	1.66	$100
Mar 2024	0	63	80.30	1.55	$97
Feb 2024	0	63	76.09	1.78	$112
Jan 2024	0	56	73.02	3.30	$185
Dec 2023	0	56	71.26	2.61	$146
Nov 2023	0	56	77.89	2.81	$157
Oct 2023	0	54	85.44	3.09	$167
Sep 2023	0	68	89.04	2.74	$186
Aug 2023	0	62	80.52	2.67	$166
Jul 2023	0	57	74.85	2.64	$151
Jun 2023	0	57	68.96	2.26	$129
May 2023	0	58	70.62	2.23	$129
Apr 2023	0	58	78.12	2.24	$130
Mar 2023	0	61	72.85	2.39	$146
Feb 2023	0	61	75.11	2.47	$150
Jan 2023	0	61	76.53	3.39	$207
Dec 2022	0	56	76.41	5.73	$321
Nov 2022	0	56	85.00	5.65	$316
Oct 2022	0	61	87.18	5.86	$358
Sep 2022	0	60	84.88	8.16	$490
Aug 2022	0	52	94.52	9.13	$475
Jul 2022	0	52	101.58	7.54	$392
Jun 2022	0	52	115.09	7.98	$415
May 2022	0	52	109.37	8.43	$439
Apr 2022	0	60	104.22	6.84	$410
Mar 2022	0	58	108.88	5.08	$294
Feb 2022	0	63	91.05	4.86	$306
Jan 2022	0	62	81.84	4.54	$281
Dec 2021	0	62	71.32	3.90	$242
Nov 2021	0	62	77.43	5.24	$325
Oct 2021	0	60	79.79	5.71	$343
Sep 2021	0	64	69.86	5.35	$342
Aug 2021	0	64	66.02	4.22	$270
Jul 2021	0	56	70.78	3.98	$223
Jun 2021	0	56	69.49	3.38	$189
May 2021	0	54	63.48	3.02	$163
Apr 2021	0	54	60.36	2.76	$149
Mar 2021	0	51	61.30	2.72	$139
Feb 2021	0	51	57.80	5.55	$283
Jan 2021	0	51	50.41	2.81	$143
Dec 2020	0	56	44.64	2.68	$150
Nov 2020	0	56	38.77	2.71	$152
Oct 2020	0	56	36.97	2.48	$139
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	51	39.98	2.39	$122
Jul 2020	0	51	38.37	1.83	$93
Jun 2020	0	51	34.90	1.69	$86
May 2020	0	51	16.92	1.81	$93
Apr 2020	0	51	14.75	1.80	$92
Mar 2020	0	51	30.34	1.86	$95
Feb 2020	0	51	49.88	1.98	$101
Jan 2020	0	51	57.25	2.09	$107
Dec 2019	0	51	59.01	2.30	$118
Nov 2019	0	53	55.30	2.75	$146
Oct 2019	0	53	53.47	2.42	$128
Sep 2019	0	53	55.05	2.66	$141
Aug 2019	0	53	53.11	2.30	$122
Jul 2019	0	53	56.27	2.46	$130
Jun 2019	0	53	52.78	2.49	$132
May 2019	0	53	58.48	2.74	$145
Apr 2019	0	53	62.63	2.75	$146
Mar 2019	0	53	56.80	3.06	$162
Feb 2019	0	53	50.85	2.79	$148
Jan 2019	0	53	46.03	3.23	$171
Dec 2018	0	53	46.59	4.19	$222
Nov 2018	0	53	52.93	4.24	$225
Oct 2018	0	53	61.44	3.40	$180
Sep 2018	0	53	59.54	3.11	$165
Aug 2018	0	53	59.40	3.07	$163
Jul 2018	0	53	65.14	2.93	$155
Jun 2018	0	53	60.18	3.08	$163
May 2018	0	53	65.38	2.90	$154
Apr 2018	0	53	63.84	2.90	$154
Mar 2018	0	53	61.22	2.79	$148
Feb 2018	0	53	61.78	2.77	$147
Jan 2018	0	53	62.87	4.01	$212
Dec 2017	0	52	57.27	2.92	$152
Nov 2017	0	52	55.42	3.12	$162
Oct 2017	0	52	49.29	2.98	$155
Sep 2017	0	52	47.52	3.09	$161
Aug 2017	0	52	45.37	3.00	$156
Jul 2017	0	52	43.87	3.09	$161
Jun 2017	0	61	42.49	3.09	$188
May 2017	0	61	45.37	3.26	$199
Apr 2017	0	61	47.93	3.21	$196
Mar 2017	0	61	46.77	2.98	$182
Feb 2017	0	61	50.45	2.95	$180
Jan 2017	0	102	49.41	3.42	$349
Dec 2016	0	102	48.76	3.72	$380
Nov 2016	0	102	42.49	2.64	$270
Oct 2016	0	102	46.19	3.09	$315
Sep 2016	0	102	41.55	3.10	$316
Aug 2016	0	102	41.44	2.92	$298
Jul 2016	0	102	41.62	2.92	$298
Jun 2016	0	102	45.35	2.69	$274
May 2016	0	102	42.52	1.99	$203
Apr 2016	0	102	36.56	1.99	$203
Mar 2016	0	102	33.01	1.79	$183
Feb 2016	0	102	26.47	2.06	$210
Jan 2016	0	102	27.35	2.36	$241
Dec 2015	0	102	32.36	2.00	$204
Nov 2015	0	102	38.79	2.17	$221
Oct 2015	0	102	43.55	2.43	$248
Sep 2015	0	102	42.99	2.76	$281
Aug 2015	0	102	40.16	2.87	$293
Jul 2015	0	102	48.15	2.95	$300
Jun 2015	0	102	56.15	2.88	$294
May 2015	0	102	55.21	2.96	$301
Apr 2015	0	102	49.82	2.71	$276
Mar 2015	0	102	42.89	2.93	$299
Feb 2015	0	102	44.66	2.98	$304
Jan 2015	0	102	43.43	3.10	$316
Dec 2014	0	102	54.69	3.59	$366
Nov 2014	0	102	70.46	4.25	$434
Oct 2014	0	102	78.30	3.90	$398
Sep 2014	0	102	86.16	4.05	$413
Aug 2014	0	102	89.39	4.04	$412
Jul 2014	0	102	96.56	4.18	$426
Jun 2014	0	102	98.16	4.74	$483
May 2014	0	102	94.73	4.73	$482
Apr 2014	0	103	95.94	4.81	$495
Mar 2014	0	103	95.89	5.06	$521
Feb 2014	0	102	97.40	6.19	$632
Jan 2014	0	102	90.40	4.86	$496
Dec 2013	0	102	91.82	4.35	$444
Nov 2013	0	102	88.85	3.74	$381
Oct 2013	0	101	97.42	3.78	$382
Sep 2013	0	101	104.11	3.72	$375
Aug 2013	0	101	104.25	3.52	$356
Jul 2013	0	101	102.52	3.72	$375
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	103	94.83	4.15	$427
Apr 2013	0	103	93.96	4.28	$441
Mar 2013	0	103	93.62	3.91	$403
Feb 2013	0	102	91.23	3.42	$349
Jan 2013	0	103	91.60	3.42	$352
Dec 2012	0	103	86.77	3.42	$352
Nov 2012	0	103	86.95	3.62	$373
Oct 2012	0	103	89.38	3.40	$350
Sep 2012	0	101	94.67	2.92	$295
Aug 2012	0	102	92.66	2.91	$297
Jul 2012	0	101	85.13	3.02	$305
Jun 2012	0	104	79.82	2.52	$262
May 2012	0	101	91.61	2.49	$251
Apr 2012	0	102	101.65	2.00	$204
Mar 2012	0	102	105.05	2.22	$227
Feb 2012	0	101	101.10	2.57	$260
Jan 2012	0	101	98.09	2.73	$276
Dec 2011	0	101	96.87	3.24	$327
Nov 2011	0	107	95.72	3.31	$354
Oct 2011	0	106	84.98	3.65	$387
Sep 2011	0	102	83.62	3.99	$407
Aug 2011	0	106	83.40	4.15	$440
Jul 2011	0	102	94.14	4.52	$461
Jun 2011	0	102	92.90	4.64	$473
May 2011	0	110	98.13	4.40	$485
Apr 2011	0	116	105.96	4.33	$503
Mar 2011	0	115	96.36	4.06	$467
Feb 2011	0	102	85.64	4.18	$426
Jan 2011	0	107	86.50	4.59	$491
Dec 2010	0	101	85.73	4.35	$439
Nov 2010	0	101	80.84	3.80	$383
Oct 2010	0	101	78.10	3.51	$354
Sep 2010	0	101	72.63	3.98	$402
Aug 2010	0	102	73.68	4.42	$451
Jul 2010	0	110	72.55	4.74	$521
Jun 2010	0	104	70.36	4.91	$511
May 2010	0	110	71.12	4.24	$466
Apr 2010	0	110	81.69	4.12	$454
Mar 2010	0	110	78.39	4.39	$483
Feb 2010	0	103	73.58	5.44	$561
Jan 2010	0	135	74.36	5.96	$805
Dec 2009	0	104	71.44	5.48	$570
Nov 2009	0	102	74.59	3.75	$383
Oct 2009	0	112	72.54	4.11	$460
Sep 2009	0	102	65.54	3.06	$313
Aug 2009	0	104	67.42	3.22	$335
Jul 2009	0	102	61.13	3.46	$353
Jun 2009	0	106	66.16	3.90	$413
May 2009	0	72	54.74	3.93	$283
Apr 2009	0	118	46.77	3.59	$423
Mar 2009	0	110	42.14	4.06	$446
Feb 2009	0	103	32.81	4.63	$477
Jan 2009	0	106	35.86	5.37	$569
Dec 2008	0	108	37.10	5.98	$646
Nov 2008	0	102	55.49	6.86	$700
Oct 2008	0	185	75.24	6.92	$1,281
Sep 2008	0	160	101.76	7.88	$1,260
Aug 2008	0	157	114.22	8.48	$1,332
Jul 2008	0	144	131.08	11.39	$1,640
Jun 2008	0	205	131.33	13.03	$2,672
May 2008	0	201	123.17	11.57	$2,326
Apr 2008	0	203	110.31	10.45	$2,122
Mar 2008	0	203	101.90	9.66	$1,962
Feb 2008	0	230	92.53	8.77	$2,017
Jan 2008	0	210	90.38	8.21	$1,723
Dec 2007	0	201	88.33	7.30	$1,468
Nov 2007	0	148	91.67	7.29	$1,079
Oct 2007	0	108	82.85	6.92	$748
Sep 2007	0	226	75.84	6.24	$1,411
Aug 2007	0	203	69.06	6.39	$1,297
Jul 2007	0	203	70.90	6.39	$1,297
Jun 2007	0	209	62.00	7.55	$1,578
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	101	59.61	7.81	$788
Mar 2007	0	680	56.92	7.30	$4,965
Feb 2007	0	601	55.10	8.22	$4,938
Jan 2007	0	756	50.30	6.73	$5,086
Dec 2006	0	542	56.65	6.92	$3,750
Nov 2006	0	1,015	54.20	7.62	$7,732
Oct 2006	0	806	54.90	6.01	$4,847
Sep 2006	0	845	60.08	5.04	$4,256
Aug 2006	0	630	68.71	7.34	$4,624
Jul 2006	0	533	69.37	6.34	$3,381
Jun 2006	0	1,110	66.28	6.38	$7,086
May 2006	0	1,031	66.01	6.42	$6,624
Apr 2006	0	225	64.39	7.36	$1,656
Mar 2006	0	1,263	56.70	7.08	$8,946
Feb 2006	0	1,205	57.59	7.75	$9,340
Jan 2006	84	1,386	60.59	8.93	$17,471
Dec 2005	0	709	54.94	13.42	$9,512
Nov 2005	0	658	54.69	10.59	$6,967
Oct 2005	0	1,387	58.34	13.80	$19,135
Sep 2005	0	1,383	61.45	12.08	$16,705
Aug 2005	0	1,942	61.51	9.80	$19,025
Jul 2005	0	2,167	55.69	7.84	$16,997
Jun 2005	0	1,763	52.33	7.38	$13,013
May 2005	0	3,071	45.22	6.65	$20,426
Apr 2005	0	2,099	49.20	7.36	$15,450
Mar 2005	0	2,542	50.37	7.15	$18,188
Feb 2005	0	2,752	45.22	6.31	$17,370
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$0

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.

Apr 2026 — as filed, then multipliedworked

Condensate             0 bbl  × $ 98.93 =         $0
Gas                   55 Mcf  × $  2.87 =       $158

────────────────────────────────────────────────────
Month total                                     $158

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. 02/G/972 is the state's own key, not one this site invented.