POWELL

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

Operated by SOUTHWEST RESOURCES, INC. (P-5 806471) in the WIND HILL (TAYLOR) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 116757District 03Field 97908700NGPA filingCondensateGasSave Export

Value, all time

$848 k

Jan 1993 – Dec 2022

Value, last 12 filed months

at the published price for each month

Months reported

360

no gaps in the span

Streams

condensate, gas

The WIND HILL (TAYLOR) 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1984-04-11

as the register files it

Field class

Gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1985-02-25.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 11-1-92.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	1,929 bbl	$57,596
Gas	Production	256,792 Mcf	$790,004
Total			$847,600

88,032 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.2901, -96.4193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.29008, -96.41929 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,090 ft

1 wells filed one

Completion to plug

37.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 11,090 ft.

Completions filed

May 1985

1 of 1 wells

Plug dates filed

Dec 2022

1 of 1 wells

Last completion to plug: a median of 37.6 years across the 1 well that filed both dates, with the middle half between 37.6 years and 37.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47730568	1	11,090 ft	May 1985	Dec 2022	Yes

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 (360)

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

360 months


Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	150	0	74.36	5.96	$11,154
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	8	114.22	8.48	$68
Jul 2008	0	98	131.08	11.39	$1,116
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	15	123.17	11.57	$174
Apr 2008	0	102	110.31	10.45	$1,066
Mar 2008	0	97	101.90	9.66	$937
Feb 2008	0	153	92.53	8.77	$1,342
Jan 2008	0	169	90.38	8.21	$1,387
Dec 2007	0	629	88.33	7.30	$4,593
Nov 2007	0	267	91.67	7.29	$1,947
Oct 2007	0	619	82.85	6.92	$4,285
Sep 2007	0	96	75.84	6.24	$599
Aug 2007	0	347	69.06	6.39	$2,217
Jul 2007	0	1,123	70.90	6.39	$7,174
Jun 2007	0	656	62.00	7.55	$4,952
May 2007	0	31	58.74	7.85	$243
Apr 2007	0	132	59.61	7.81	$1,030
Mar 2007	0	787	56.92	7.30	$5,747
Feb 2007	0	1,232	55.10	8.22	$10,122
Jan 2007	0	1,019	50.30	6.73	$6,855
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	88	54.20	7.62	$670
Oct 2006	0	458	54.90	6.01	$2,754
Sep 2006	0	837	60.08	5.04	$4,216
Aug 2006	0	979	68.71	7.34	$7,186
Jul 2006	0	1,106	69.37	6.34	$7,015
Jun 2006	0	1,509	66.28	6.38	$9,633
May 2006	0	1,337	66.01	6.42	$8,590
Apr 2006	188	1,430	64.39	7.36	$22,631
Mar 2006	0	1,547	56.70	7.08	$10,957
Feb 2006	0	1,482	57.59	7.75	$11,487
Jan 2006	0	1,819	60.59	8.93	$16,250
Dec 2005	0	1,533	54.94	13.42	$20,566
Nov 2005	0	2,214	54.69	10.59	$23,443
Oct 2005	0	2,156	58.34	13.80	$29,744
Sep 2005	0	2,003	61.45	12.08	$24,194
Aug 2005	0	607	61.51	9.80	$5,947
Jul 2005	0	462	55.69	7.84	$3,624
Jun 2005	0	558	52.33	7.38	$4,119
May 2005	0	961	45.22	6.65	$6,392
Apr 2005	0	1,182	49.20	7.36	$8,700
Mar 2005	182	1,309	50.37	7.15	$18,533
Feb 2005	0	1,532	45.22	6.31	$9,670
Jan 2005	0	1,550	43.16	6.32	$9,799
Dec 2004	0	1,871	39.86	6.75	$12,631
Nov 2004	0	1,876	45.28	6.33	$11,876
Oct 2004	0	1,218	49.70	6.52	$7,935
Sep 2004	0	1,683	43.24	5.28	$8,893
Aug 2004	0	2,015	42.37	5.55	$11,185
Jul 2004	0	603	38.28	6.08	$3,669
Jun 2004	0	841	36.10	6.43	$5,410
May 2004	0	1,136	37.48	6.49	$7,378
Apr 2004	0	1,181	34.47	5.86	$6,919
Mar 2004	0	578	34.36	5.53	$3,196
Feb 2004	0	1,924	32.45	5.51	$10,601
Jan 2004	0	1,366	32.03	6.30	$8,605
Dec 2003	0	299	30.26	6.30	$1,884
Nov 2003	0	1,317	28.80	4.60	$6,052
Oct 2003	0	1,134	28.17	4.76	$5,397
Sep 2003	0	1,164	26.31	4.75	$5,528
Aug 2003	0	1,144	29.76	5.13	$5,868
Jul 2003	0	1,139	29.41	5.17	$5,890
Jun 2003	0	1,198	28.56	5.98	$7,168
May 2003	0	1,103	26.59	5.97	$6,588
Apr 2003	0	848	26.67	5.41	$4,585
Mar 2003	0	1,137	31.14	6.10	$6,931
Feb 2003	0	1,270	33.48	7.93	$10,066
Jan 2003	0	793	30.31	5.58	$4,427
Dec 2002	0	1,294	26.91	4.85	$6,281
Nov 2002	0	1,000	24.66	4.14	$4,137
Oct 2002	0	1,537	26.46	4.23	$6,500
Sep 2002	0	836	27.44	3.64	$3,039
Aug 2002	0	1,426	25.96	3.16	$4,512
Jul 2002	0	1,562	24.58	3.06	$4,782
Jun 2002	0	904	23.73	3.34	$3,018
May 2002	0	1,449	24.66	3.58	$5,193
Apr 2002	0	1,143	23.65	3.51	$4,015
Mar 2002	0	1,105	22.00	3.10	$3,429
Feb 2002	0	391	18.22	2.38	$929
Jan 2002	0	1,000	17.17	2.38	$2,376
Dec 2001	0	800	16.93	2.36	$1,892
Nov 2001	0	1,000	18.07	2.41	$2,406
Oct 2001	0	1,476	19.78	2.53	$3,733
Sep 2001	0	476	24.26	2.25	$1,072
Aug 2001	0	1,200	24.87	3.05	$3,664
Jul 2001	0	1,622	23.93	3.20	$5,186
Jun 2001	0	1,079	24.56	3.82	$4,126
May 2001	0	1,250	25.52	4.31	$5,384
Apr 2001	0	1,337	24.68	5.34	$7,133
Mar 2001	0	1,250	24.54	5.38	$6,721
Feb 2001	0	1,400	27.75	5.77	$8,074
Jan 2001	0	1,625	27.47	8.40	$13,648
Dec 2000	182	1,200	26.88	9.12	$15,839
Nov 2000	0	1,234	32.21	5.66	$6,982
Oct 2000	0	1,395	31.23	5.15	$7,178
Sep 2000	0	782	31.87	5.19	$4,056
Aug 2000	0	1,600	29.64	4.54	$7,265
Jul 2000	0	1,612	28.53	4.09	$6,593
Jun 2000	0	1,432	29.30	4.40	$6,297
May 2000	0	1,400	27.26	3.68	$5,152
Apr 2000	0	1,597	24.51	3.12	$4,976
Mar 2000	0	1,280	28.42	2.86	$3,660
Feb 2000	0	1,469	27.62	2.73	$4,005
Jan 2000	0	1,681	25.27	2.48	$4,170
Dec 1999	0	1,500	24.28	2.42	$3,636
Nov 1999	0	1,674	23.19	2.43	$4,075
Oct 1999	0	2,543	20.98	2.80	$7,130
Sep 1999	0	823	21.75	2.62	$2,155
Aug 1999	186	2,027	19.26	2.88	$9,411
Jul 1999	0	1,820	17.89	2.37	$4,318
Jun 1999	0	1,000	15.94	2.36	$2,362
May 1999	0	1,097	15.79	2.32	$2,546
Apr 1999	0	1,300	15.10	2.21	$2,870
Mar 1999	0	1,854	12.47	1.84	$3,408
Feb 1999	0	1,050	9.98	1.82	$1,909
Jan 1999	0	1,700	10.38	1.90	$3,230
Dec 1998	0	1,850	9.20	1.77	$3,281
Nov 1998	0	1,700	10.89	2.19	$3,716
Oct 1998	0	1,700	12.42	1.97	$3,348
Sep 1998	0	1,609	12.59	2.08	$3,351
Aug 1998	0	1,905	11.30	1.91	$3,634
Jul 1998	0	2,048	11.74	2.24	$4,582
Jun 1998	0	1,470	11.24	2.24	$3,289
May 1998	164	1,099	12.62	2.21	$4,494
Apr 1998	0	1,290	13.04	2.51	$3,232
Mar 1998	0	1,569	12.80	2.31	$3,624
Feb 1998	0	1,697	13.95	2.30	$3,902
Jan 1998	0	1,949	14.70	2.15	$4,200
Dec 1997	0	1,709	16.32	2.41	$4,121
Nov 1997	0	1,172	18.19	3.09	$3,619
Oct 1997	0	1,800	19.25	3.15	$5,670
Sep 1997	0	2,137	17.74	2.95	$6,315
Aug 1997	0	1,600	17.86	2.55	$4,088
Jul 1997	0	1,848	17.58	2.25	$4,152
Jun 1997	166	1,600	17.24	2.26	$6,473
May 1997	0	1,869	18.97	2.31	$4,315
Apr 1997	0	2,637	17.88	2.08	$5,492
Mar 1997	0	1,694	18.95	1.94	$3,285
Feb 1997	0	1,100	20.49	2.21	$2,426
Jan 1997	0	1,399	23.48	3.54	$4,952
Dec 1996	0	1,599	23.32	—	$0
Nov 1996	0	1,900	21.97	—	$0
Oct 1996	0	2,400	23.31	—	$0
Sep 1996	0	1,397	22.22	—	$0
Aug 1996	0	300	20.26	—	$0
Jul 1996	176	277	19.55	—	$3,441
Jun 1996	0	402	18.73	—	$0
May 1996	0	935	19.43	—	$0
Apr 1996	0	1,200	21.51	—	$0
Mar 1996	0	1,594	19.38	—	$0
Feb 1996	0	539	16.98	—	$0
Jan 1996	0	1,290	17.07	—	$0
Dec 1995	0	1,740	17.19	—	$0
Nov 1995	0	1,200	16.00	—	$0
Oct 1995	0	1,700	15.43	—	$0
Sep 1995	0	1,300	16.18	—	$0
Aug 1995	0	1,529	15.92	—	$0
Jul 1995	0	1,979	15.24	—	$0
Jun 1995	0	776	16.41	—	$0
May 1995	0	1,052	17.56	—	$0
Apr 1995	0	2,300	17.73	—	$0
Mar 1995	0	1,594	16.44	—	$0
Feb 1995	0	754	16.58	—	$0
Jan 1995	191	1,970	15.92	—	$3,041
Dec 1994	0	1,957	15.03	—	$0
Nov 1994	0	1,104	15.90	—	$0
Oct 1994	0	2,405	15.58	—	$0
Sep 1994	0	3,736	15.29	—	$0
Aug 1994	0	2,864	16.13	—	$0
Jul 1994	0	3,296	17.56	—	$0
Jun 1994	0	3,796	17.09	—	$0
May 1994	0	1,767	15.88	—	$0
Apr 1994	0	842	14.14	—	$0
Mar 1994	0	1,005	12.46	—	$0
Feb 1994	170	2,106	12.50	—	$2,125
Jan 1994	0	2,687	12.66	—	$0
Dec 1993	0	1,840	12.33	—	$0
Nov 1993	0	1,780	14.49	—	$0
Oct 1993	0	2,067	15.85	—	$0
Sep 1993	0	1,852	15.03	—	$0
Aug 1993	0	3,725	15.66	—	$0
Jul 1993	0	1,511	15.46	—	$0
Jun 1993	0	2,226	16.79	—	$0
May 1993	0	3,725	17.68	—	$0
Apr 1993	0	2,413	18.05	—	$0
Mar 1993	174	2,087	18.14	—	$3,156
Feb 1993	0	1,705	17.90	—	$0
Jan 1993	0	3,809	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.

Jan 2010 — as filed, then multipliedworked

Condensate           150 bbl  × $ 74.36 =    $11,154
Gas                    0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                  $11,154

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. 03/G/116757 is the state's own key, not one this site invented.