BALD EAGLE (HORIZ)

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

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12878District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$2.9 M

Jan 1993 – Sep 2022

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

357

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and gas

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 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED”

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	3	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
Oil	Disposition	52,250 bbl	$2,447,263
Casinghead gas	Production	147,980 Mcf	$468,972
Total			$2,916,235

26,163 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 (2)

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 29.9896, -97.0660. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

29.98955, -97.06600 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

7,936 ft

2 wells filed one

Completion to plug

19.8 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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

Between 7,933 and 7,938 ft, median 7,936 ft, over the 2 wells that filed a depth.

Completions filed

Apr 1980 – Sep 1988

2 of 2 wells

Plug dates filed

Jan 1986 – Aug 2022

2 of 2 wells

Last completion to plug: a median of 19.8 years across the 2 wells that filed both dates, with the middle half between 12.8 years and 26.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-14930438	2	7,938 ft	Sep 1988	Aug 2022	Yes
42-14930466	3	7,933 ft	Apr 1980	Jan 1986	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 (357)

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

357 months


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	22	0	81.84	4.54	$1,800
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	28	0	69.86	5.35	$1,956
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	1	0	38.77	2.71	$39
Oct 2020	1	0	36.97	2.48	$37
Sep 2020	1	0	37.09	1.99	$37
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	1	0	38.37	1.83	$38
Jun 2020	1	0	34.90	1.69	$35
May 2020	1	0	16.92	1.81	$17
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	175	61	30.34	1.86	$5,423
Feb 2020	5	431	49.88	1.98	$1,103
Jan 2020	0	99	57.25	2.09	$207
Dec 2019	0	130	59.01	2.30	$300
Nov 2019	0	7	55.30	2.75	$19
Oct 2019	3	113	53.47	2.42	$434
Sep 2019	187	289	55.05	2.66	$11,062
Aug 2019	190	256	53.11	2.30	$10,681
Jul 2019	182	415	56.27	2.46	$11,262
Jun 2019	7	296	52.78	2.49	$1,107
May 2019	190	299	58.48	2.74	$11,931
Apr 2019	194	604	62.63	2.75	$13,812
Mar 2019	190	534	56.80	3.06	$12,427
Feb 2019	7	414	50.85	2.79	$1,512
Jan 2019	195	504	46.03	3.23	$10,603
Dec 2018	188	515	46.59	4.19	$10,914
Nov 2018	181	438	52.93	4.24	$11,436
Oct 2018	12	479	61.44	3.40	$2,365
Sep 2018	181	485	59.54	3.11	$12,284
Aug 2018	180	428	59.40	3.07	$12,004
Jul 2018	8	372	65.14	2.93	$1,612
Jun 2018	180	222	60.18	3.08	$11,515
May 2018	10	384	65.38	2.90	$1,768
Apr 2018	180	409	63.84	2.90	$12,678
Mar 2018	4	344	61.22	2.79	$1,204
Feb 2018	9	283	61.78	2.77	$1,339
Jan 2018	10	335	62.87	4.01	$1,972
Dec 2017	179	341	57.27	2.92	$11,248
Nov 2017	8	294	55.42	3.12	$1,360
Oct 2017	178	276	49.29	2.98	$9,597
Sep 2017	6	194	47.52	3.09	$884
Aug 2017	173	326	45.37	3.00	$8,828
Jul 2017	4	384	43.87	3.09	$1,361
Jun 2017	177	467	42.49	3.09	$8,962
May 2017	14	428	45.37	3.26	$2,032
Apr 2017	178	446	47.93	3.21	$9,964
Mar 2017	174	259	46.77	2.98	$8,911
Feb 2017	17	125	50.45	2.95	$1,227
Jan 2017	176	91	49.41	3.42	$9,007
Dec 2016	171	218	48.76	3.72	$9,150
Nov 2016	7	276	42.49	2.64	$1,027
Oct 2016	175	229	46.19	3.09	$8,791
Sep 2016	318	181	41.55	3.10	$13,774
Aug 2016	11	134	41.44	2.92	$848
Jul 2016	2	124	41.62	2.92	$446
Jun 2016	1	54	45.35	2.69	$190
May 2016	5	2	42.52	1.99	$217
Apr 2016	4	8	36.56	1.99	$162
Mar 2016	0	86	33.01	1.79	$154
Feb 2016	164	236	26.47	2.06	$4,828
Jan 2016	6	524	27.35	2.36	$1,403
Dec 2015	183	545	32.36	2.00	$7,013
Nov 2015	8	557	38.79	2.17	$1,518
Oct 2015	174	612	43.55	2.43	$9,063
Sep 2015	194	623	42.99	2.76	$10,059
Aug 2015	186	549	40.16	2.87	$9,047
Jul 2015	8	508	48.15	2.95	$1,881
Jun 2015	179	593	56.15	2.88	$11,760
May 2015	173	612	55.21	2.96	$11,360
Apr 2015	168	520	49.82	2.71	$9,777
Mar 2015	10	537	42.89	2.93	$2,005
Feb 2015	191	373	44.66	2.98	$9,640
Jan 2015	8	353	43.43	3.10	$1,442
Dec 2014	178	262	54.69	3.59	$10,676
Nov 2014	7	314	70.46	4.25	$1,828
Oct 2014	178	388	78.30	3.90	$15,451
Sep 2014	6	545	86.16	4.05	$2,722
Aug 2014	179	525	89.39	4.04	$18,119
Jul 2014	177	463	96.56	4.18	$19,026
Jun 2014	176	428	98.16	4.74	$19,304
May 2014	187	480	94.73	4.73	$19,983
Apr 2014	4	318	95.94	4.81	$1,913
Mar 2014	188	608	95.89	5.06	$21,102
Feb 2014	179	457	97.40	6.19	$20,264
Jan 2014	180	540	90.40	4.86	$18,897
Dec 2013	178	481	91.82	4.35	$18,438
Nov 2013	176	505	88.85	3.74	$17,525
Oct 2013	177	401	97.42	3.78	$18,759
Sep 2013	6	233	104.11	3.72	$1,491
Aug 2013	175	234	104.25	3.52	$19,068
Jul 2013	4	200	102.52	3.72	$1,154
Jun 2013	179	234	94.40	3.93	$17,818
May 2013	6	124	94.83	4.15	$1,083
Apr 2013	174	1	93.96	4.28	$16,353
Mar 2013	1	3	93.62	3.91	$105
Feb 2013	157	86	91.23	3.42	$14,617
Jan 2013	1	237	91.60	3.42	$902
Dec 2012	183	509	86.77	3.42	$17,620
Nov 2012	182	469	86.95	3.62	$17,525
Oct 2012	174	582	89.38	3.40	$17,531
Sep 2012	179	544	94.67	2.92	$18,534
Aug 2012	179	559	92.66	2.91	$18,212
Jul 2012	175	472	85.13	3.02	$16,324
Jun 2012	186	552	79.82	2.52	$16,237
May 2012	179	699	91.61	2.49	$18,138
Apr 2012	352	639	101.65	2.00	$37,057
Mar 2012	179	643	105.05	2.22	$20,233
Feb 2012	176	499	101.10	2.57	$19,076
Jan 2012	350	533	98.09	2.73	$35,789
Dec 2011	178	643	96.87	3.24	$19,326
Nov 2011	348	636	95.72	3.31	$35,417
Oct 2011	351	537	84.98	3.65	$31,787
Sep 2011	176	750	83.62	3.99	$17,706
Aug 2011	182	814	83.40	4.15	$18,556
Jul 2011	174	837	94.14	4.52	$20,161
Jun 2011	355	752	92.90	4.64	$36,469
May 2011	354	984	98.13	4.40	$39,072
Apr 2011	176	902	105.96	4.33	$22,558
Mar 2011	348	575	96.36	4.06	$35,866
Feb 2011	177	494	85.64	4.18	$17,223
Jan 2011	354	177	86.50	4.59	$31,433
Dec 2010	351	233	85.73	4.35	$31,104
Nov 2010	348	588	80.84	3.80	$30,364
Oct 2010	354	654	78.10	3.51	$29,942
Sep 2010	523	515	72.63	3.98	$40,035
Aug 2010	355	572	73.68	4.42	$28,684
Jul 2010	196	541	72.55	4.74	$16,782
Jun 2010	351	203	70.36	4.91	$25,693
May 2010	181	409	71.12	4.24	$14,605
Apr 2010	6	173	81.69	4.12	$1,203
Mar 2010	16	132	78.39	4.39	$1,834
Feb 2010	19	9	73.58	5.44	$1,447
Jan 2010	188	5	74.36	5.96	$14,010
Dec 2009	11	17	71.44	5.48	$879
Nov 2009	13	23	74.59	3.75	$1,056
Oct 2009	10	34	72.54	4.11	$865
Sep 2009	189	77	65.54	3.06	$12,623
Aug 2009	175	77	67.42	3.22	$12,046
Jul 2009	6	381	61.13	3.46	$1,687
Jun 2009	9	337	66.16	3.90	$1,908
May 2009	180	406	54.74	3.93	$11,447
Apr 2009	181	527	46.77	3.59	$10,356
Mar 2009	10	460	42.14	4.06	$2,289
Feb 2009	182	410	32.81	4.63	$7,871
Jan 2009	196	412	35.86	5.37	$9,241
Dec 2008	7	360	37.10	5.98	$2,411
Nov 2008	189	441	55.49	6.86	$13,513
Oct 2008	188	463	75.24	6.92	$17,350
Sep 2008	14	222	101.76	7.88	$3,173
Aug 2008	188	346	114.22	8.48	$24,408
Jul 2008	195	340	131.08	11.39	$29,433
Jun 2008	187	483	131.33	13.03	$30,853
May 2008	184	645	123.17	11.57	$30,129
Apr 2008	366	618	110.31	10.45	$46,835
Mar 2008	185	581	101.90	9.66	$24,466
Feb 2008	183	503	92.53	8.77	$21,345
Jan 2008	193	363	90.38	8.21	$20,422
Dec 2007	361	384	88.33	7.30	$34,691
Nov 2007	182	315	91.67	7.29	$18,981
Oct 2007	187	251	82.85	6.92	$17,230
Sep 2007	180	168	75.84	6.24	$14,700
Aug 2007	184	135	69.06	6.39	$13,569
Jul 2007	4	153	70.90	6.39	$1,261
Jun 2007	183	161	62.00	7.55	$12,561
May 2007	5	157	58.74	7.85	$1,526
Apr 2007	183	154	59.61	7.81	$12,111
Mar 2007	186	218	56.92	7.30	$12,179
Feb 2007	12	150	55.10	8.22	$1,894
Jan 2007	182	97	50.30	6.73	$9,807
Dec 2006	11	103	56.65	6.92	$1,336
Nov 2006	183	74	54.20	7.62	$10,482
Oct 2006	178	72	54.90	6.01	$10,205
Sep 2006	183	36	60.08	5.04	$11,176
Aug 2006	183	42	68.71	7.34	$12,882
Jul 2006	4	73	69.37	6.34	$741
Jun 2006	176	45	66.28	6.38	$11,953
May 2006	4	58	66.01	6.42	$637
Apr 2006	6	100	64.39	7.36	$1,122
Mar 2006	182	102	56.70	7.08	$11,042
Feb 2006	177	0	57.59	7.75	$10,193
Jan 2006	5	0	60.59	8.93	$303
Dec 2005	5	53	54.94	13.42	$986
Nov 2005	178	162	54.69	10.59	$11,450
Oct 2005	5	184	58.34	13.80	$2,830
Sep 2005	174	126	61.45	12.08	$12,214
Aug 2005	2	122	61.51	9.80	$1,318
Jul 2005	170	177	55.69	7.84	$10,856
Jun 2005	3	177	52.33	7.38	$1,463
May 2005	180	227	45.22	6.65	$9,649
Apr 2005	178	170	49.20	7.36	$10,009
Mar 2005	2	64	50.37	7.15	$559
Feb 2005	3	0	45.22	6.31	$136
Jan 2005	172	0	43.16	6.32	$7,424
Dec 2004	178	47	39.86	6.75	$7,412
Nov 2004	172	86	45.28	6.33	$8,333
Oct 2004	0	184	49.70	6.52	$1,199
Sep 2004	170	184	43.24	5.28	$8,323
Aug 2004	175	223	42.37	5.55	$8,653
Jul 2004	174	190	38.28	6.08	$7,817
Jun 2004	180	181	36.10	6.43	$7,662
May 2004	176	174	37.48	6.49	$7,727
Apr 2004	178	138	34.47	5.86	$6,944
Mar 2004	343	126	34.36	5.53	$12,482
Feb 2004	2	70	32.45	5.51	$451
Jan 2004	176	60	32.03	6.30	$6,015
Dec 2003	174	155	30.26	6.30	$6,242
Nov 2003	172	271	28.80	4.60	$6,199
Oct 2003	0	246	28.17	4.76	$1,171
Sep 2003	180	287	26.31	4.75	$6,099
Aug 2003	191	696	29.76	5.13	$9,254
Jul 2003	378	1,438	29.41	5.17	$18,553
Jun 2003	191	609	28.56	5.98	$9,099
May 2003	378	509	26.59	5.97	$13,091
Apr 2003	187	283	26.67	5.41	$6,518
Mar 2003	1	326	31.14	6.10	$2,018
Feb 2003	190	829	33.48	7.93	$12,932
Jan 2003	191	894	30.31	5.58	$10,780
Dec 2002	358	514	26.91	4.85	$12,129
Nov 2002	188	719	24.66	4.14	$7,611
Oct 2002	364	112	26.46	4.23	$10,105
Sep 2002	188	5	27.44	3.64	$5,177
Aug 2002	179	56	25.96	3.16	$4,824
Jul 2002	179	230	24.58	3.06	$5,104
Jun 2002	1	907	23.73	3.34	$3,052
May 2002	179	1,300	24.66	3.58	$9,073
Apr 2002	378	823	23.65	3.51	$11,830
Mar 2002	378	1,271	22.00	3.10	$12,260
Feb 2002	189	410	18.22	2.38	$4,418
Jan 2002	191	100	17.17	2.38	$3,517
Dec 2001	183	246	16.93	2.36	$3,680
Nov 2001	0	390	18.07	2.41	$938
Oct 2001	185	401	19.78	2.53	$4,673
Sep 2001	187	293	24.26	2.25	$5,196
Aug 2001	187	534	24.87	3.05	$6,281
Jul 2001	0	827	23.93	3.20	$2,644
Jun 2001	186	827	24.56	3.82	$7,731
May 2001	0	951	25.52	4.31	$4,096
Apr 2001	193	848	24.68	5.34	$9,288
Mar 2001	187	691	24.54	5.38	$8,304
Feb 2001	195	270	27.75	5.77	$6,968
Jan 2001	185	532	27.47	8.40	$9,550
Dec 2000	386	885	26.88	9.12	$18,449
Nov 2000	195	592	32.21	5.66	$9,630
Oct 2000	1	342	31.23	5.15	$1,791
Sep 2000	374	562	31.87	5.19	$14,834
Aug 2000	185	657	29.64	4.54	$8,467
Jul 2000	374	495	28.53	4.09	$12,695
Jun 2000	0	452	29.30	4.40	$1,988
May 2000	0	367	27.26	3.68	$1,350
Apr 2000	0	352	24.51	3.12	$1,097
Mar 2000	178	411	28.42	2.86	$6,234
Feb 2000	187	730	27.62	2.73	$7,155
Jan 2000	186	1,288	25.27	2.48	$7,895
Dec 1999	0	1,380	24.28	2.42	$3,345
Nov 1999	541	1,076	23.19	2.43	$15,165
Oct 1999	186	473	20.98	2.80	$5,228
Sep 1999	0	856	21.75	2.62	$2,242
Aug 1999	0	1,048	19.26	2.88	$3,014
Jul 1999	179	872	17.89	2.37	$5,271
Jun 1999	185	796	15.94	2.36	$4,829
May 1999	0	685	15.79	2.32	$1,590
Apr 1999	177	573	15.10	2.21	$3,938
Mar 1999	187	751	12.47	1.84	$3,712
Feb 1999	1	676	9.98	1.82	$1,239
Jan 1999	167	802	10.38	1.90	$3,257
Dec 1998	176	1,424	9.20	1.77	$4,144
Nov 1998	1	1,218	10.89	2.19	$2,673
Oct 1998	363	1,195	12.42	1.97	$6,862
Sep 1998	11	1,014	12.59	2.08	$2,250
Aug 1998	205	1,004	11.30	1.91	$4,231
Jul 1998	179	853	11.74	2.24	$4,010
Jun 1998	194	747	11.24	2.24	$3,852
May 1998	343	973	12.62	2.21	$6,475
Apr 1998	190	1,002	13.04	2.51	$4,988
Mar 1998	205	950	12.80	2.31	$4,818
Feb 1998	195	865	13.95	2.30	$4,709
Jan 1998	186	1,128	14.70	2.15	$5,165
Dec 1997	181	1,037	16.32	2.41	$5,454
Nov 1997	186	1,031	18.19	3.09	$6,567
Oct 1997	190	936	19.25	3.15	$6,606
Sep 1997	185	334	17.74	2.95	$4,269
Aug 1997	186	761	17.86	2.55	$5,266
Jul 1997	185	805	17.58	2.25	$5,061
Jun 1997	200	326	17.24	2.26	$4,184
May 1997	178	1,028	18.97	2.31	$5,750
Apr 1997	195	873	17.88	2.08	$5,305
Mar 1997	387	993	18.95	1.94	$9,259
Feb 1997	8	772	20.49	2.21	$1,867
Jan 1997	368	795	23.48	3.54	$11,455
Dec 1996	12	640	23.32	—	$280
Nov 1996	373	887	21.97	—	$8,195
Oct 1996	278	920	23.31	—	$6,480
Sep 1996	377	839	22.22	—	$8,377
Aug 1996	764	1,000	20.26	—	$15,479
Jul 1996	379	662	19.55	—	$7,409
Jun 1996	769	760	18.73	—	$14,403
May 1996	578	594	19.43	—	$11,231
Apr 1996	393	412	21.51	—	$8,453
Mar 1996	388	306	19.38	—	$7,519
Feb 1996	595	95	16.98	—	$10,103
Jan 1996	781	155	17.07	—	$13,332
Dec 1995	387	86	17.19	—	$6,653
Nov 1995	19	19	16.00	—	$304
Oct 1995	53	10	15.43	—	$818
Sep 1995	8	13	16.18	—	$129
Aug 1995	63	131	15.92	—	$1,003
Jul 1995	8	145	15.24	—	$122
Jun 1995	113	136	16.41	—	$1,854
May 1995	10	123	17.56	—	$176
Apr 1995	15	80	17.73	—	$266
Mar 1995	116	113	16.44	—	$1,907
Feb 1995	191	102	16.58	—	$3,167
Jan 1995	4	48	15.92	—	$64
Dec 1994	190	261	15.03	—	$2,856
Nov 1994	13	498	15.90	—	$207
Oct 1994	183	149	15.58	—	$2,851
Sep 1994	6	325	15.29	—	$92
Aug 1994	6	117	16.13	—	$97
Jul 1994	189	62	17.56	—	$3,319
Jun 1994	166	258	17.09	—	$2,837
May 1994	6	675	15.88	—	$95
Apr 1994	177	1,685	14.14	—	$2,503
Mar 1994	178	1,642	12.46	—	$2,218
Feb 1994	173	504	12.50	—	$2,163
Jan 1994	176	506	12.66	—	$2,228
Dec 1993	179	1,222	12.33	—	$2,207
Nov 1993	177	2,037	14.49	—	$2,565
Oct 1993	259	1,125	15.85	—	$4,105
Sep 1993	176	2,492	15.03	—	$2,645
Aug 1993	172	1,105	15.66	—	$2,694
Jul 1993	176	529	15.46	—	$2,721
Jun 1993	188	420	16.79	—	$3,157
May 1993	182	1,068	17.68	—	$3,218
Apr 1993	4	338	18.05	—	$72
Mar 1993	187	380	18.14	—	$3,392
Feb 1993	173	347	17.90	—	$3,097
Jan 1993	1	142	16.93	—	$17

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 2022 — as filed, then multipliedworked

Oil                   22 bbl  × $ 81.84 =     $1,800
Casinghead gas         0 Mcf  × $  4.54 =         $0

────────────────────────────────────────────────────
Month total                                   $1,800

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/O/12878 is the state's own key, not one this site invented.