LEMON, W.C.

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

Operated by CHESAPEAKE OPERATING, L.L.C. (P-5 147699) in the CALDWELL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14812District 03Field 14710500NGPA filingOilCasinghead gasSave Export

Value, all time

$1.9 M

Jan 1993 – Oct 2022

Value, last 12 filed months

at the published price for each month

Months reported

358

no gaps in the span

Streams

oil, casinghead gas

The CALDWELL (AUSTIN CHALK) 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 256 leases and 330 wells, and the rule below applies to all of them.

Discovered

1978-06-29

as the register files it

Field class

Oil and 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 80 acres. The field rule took effect on 1991-11-25.

The Commission's schedule remark for this field reads: “PER DOCKET 3-97101 EFF 11-25-91, PERM RULES. 80 ACRE OPT/3250 DIAG”

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
Oil	Disposition	41,243 bbl	$1,261,351
Casinghead gas	Production	204,010 Mcf	$665,581
Total			$1,926,931

51,361 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 30.4490, -96.6933. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.44900, -96.69332 · 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

7,962 ft

1 wells filed one

Completion to plug

40.8 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 7,962 ft.

Completions filed

Oct 1981

1 of 1 wells

Plug dates filed

Jul 2022

1 of 1 wells

Last completion to plug: a median of 40.8 years across the 1 well that filed both dates, with the middle half between 40.8 years and 40.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05131863	1	7,962 ft	Oct 1981	Jul 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 (358)

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

358 months


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	128	0	39.98	2.39	$5,117
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	71	30.34	1.86	$132
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	4	55.30	2.75	$11
Oct 2019	0	70	53.47	2.42	$169
Sep 2019	0	175	55.05	2.66	$465
Aug 2019	0	205	53.11	2.30	$472
Jul 2019	0	242	56.27	2.46	$595
Jun 2019	0	226	52.78	2.49	$563
May 2019	0	102	58.48	2.74	$280
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	195	0	56.80	3.06	$11,076
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	191	0	59.54	3.11	$11,372
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	8	65.38	2.90	$23
Apr 2018	0	181	63.84	2.90	$525
Mar 2018	0	192	61.22	2.79	$535
Feb 2018	177	204	61.78	2.77	$11,499
Jan 2018	0	178	62.87	4.01	$714
Dec 2017	0	243	57.27	2.92	$710
Nov 2017	0	168	55.42	3.12	$524
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	189	47.52	3.09	$584
Aug 2017	0	12	45.37	3.00	$36
Jul 2017	0	3	43.87	3.09	$9
Jun 2017	160	8	42.49	3.09	$6,823
May 2017	0	247	45.37	3.26	$806
Apr 2017	0	218	47.93	3.21	$700
Mar 2017	0	208	46.77	2.98	$621
Feb 2017	0	243	50.45	2.95	$717
Jan 2017	0	254	49.41	3.42	$868
Dec 2016	179	238	48.76	3.72	$9,614
Nov 2016	0	252	42.49	2.64	$666
Oct 2016	0	286	46.19	3.09	$884
Sep 2016	0	296	41.55	3.10	$918
Aug 2016	172	295	41.44	2.92	$7,990
Jul 2016	0	308	41.62	2.92	$901
Jun 2016	0	356	45.35	2.69	$956
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	49	0	26.47	2.06	$1,297
Jan 2016	0	182	27.35	2.36	$430
Dec 2015	0	287	32.36	2.00	$574
Nov 2015	0	296	38.79	2.17	$642
Oct 2015	163	208	43.55	2.43	$7,603
Sep 2015	0	264	42.99	2.76	$728
Aug 2015	0	244	40.16	2.87	$701
Jul 2015	0	274	48.15	2.95	$807
Jun 2015	167	302	56.15	2.88	$10,248
May 2015	0	369	55.21	2.96	$1,091
Apr 2015	0	322	49.82	2.71	$872
Mar 2015	0	341	42.89	2.93	$1,001
Feb 2015	175	275	44.66	2.98	$8,634
Jan 2015	0	291	43.43	3.10	$902
Dec 2014	0	335	54.69	3.59	$1,203
Nov 2014	0	327	70.46	4.25	$1,390
Oct 2014	170	340	78.30	3.90	$14,637
Sep 2014	0	345	86.16	4.05	$1,396
Aug 2014	0	372	89.39	4.04	$1,501
Jul 2014	0	378	96.56	4.18	$1,580
Jun 2014	170	344	98.16	4.74	$18,317
May 2014	0	319	94.73	4.73	$1,508
Apr 2014	0	300	95.94	4.81	$1,443
Mar 2014	0	325	95.89	5.06	$1,643
Feb 2014	172	294	97.40	6.19	$18,573
Jan 2014	0	332	90.40	4.86	$1,614
Dec 2013	0	323	91.82	4.35	$1,407
Nov 2013	150	325	88.85	3.74	$14,542
Oct 2013	0	336	97.42	3.78	$1,270
Sep 2013	0	323	104.11	3.72	$1,201
Aug 2013	0	343	104.25	3.52	$1,208
Jul 2013	154	351	102.52	3.72	$17,093
Jun 2013	0	321	94.40	3.93	$1,263
May 2013	0	328	94.83	4.15	$1,361
Apr 2013	169	323	93.96	4.28	$17,263
Mar 2013	0	330	93.62	3.91	$1,291
Feb 2013	0	256	91.23	3.42	$876
Jan 2013	0	342	91.60	3.42	$1,170
Dec 2012	156	345	86.77	3.42	$14,716
Nov 2012	0	334	86.95	3.62	$1,211
Oct 2012	0	363	89.38	3.40	$1,234
Sep 2012	168	358	94.67	2.92	$16,949
Aug 2012	0	353	92.66	2.91	$1,027
Jul 2012	0	347	85.13	3.02	$1,048
Jun 2012	0	339	79.82	2.52	$854
May 2012	174	356	91.61	2.49	$16,826
Apr 2012	0	341	101.65	2.00	$681
Mar 2012	0	363	105.05	2.22	$807
Feb 2012	163	336	101.10	2.57	$17,343
Jan 2012	0	375	98.09	2.73	$1,025
Dec 2011	0	380	96.87	3.24	$1,231
Nov 2011	171	373	95.72	3.31	$17,603
Oct 2011	0	396	84.98	3.65	$1,445
Sep 2011	166	402	83.62	3.99	$15,483
Aug 2011	0	436	83.40	4.15	$1,809
Jul 2011	168	428	94.14	4.52	$17,749
Jun 2011	0	359	92.90	4.64	$1,666
May 2011	0	381	98.13	4.40	$1,678
Apr 2011	0	427	105.96	4.33	$1,850
Mar 2011	181	604	96.36	4.06	$19,892
Feb 2011	175	582	85.64	4.18	$17,420
Jan 2011	0	369	86.50	4.59	$1,693
Dec 2010	178	253	85.73	4.35	$16,360
Nov 2010	0	430	80.84	3.80	$1,632
Oct 2010	170	417	78.10	3.51	$14,740
Sep 2010	0	447	72.63	3.98	$1,779
Aug 2010	0	449	73.68	4.42	$1,984
Jul 2010	189	411	72.55	4.74	$15,659
Jun 2010	0	422	70.36	4.91	$2,072
May 2010	0	433	71.12	4.24	$1,834
Apr 2010	176	483	81.69	4.12	$16,369
Mar 2010	0	285	78.39	4.39	$1,251
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	172	245	74.36	5.96	$14,251
Dec 2009	0	423	71.44	5.48	$2,320
Nov 2009	0	408	74.59	3.75	$1,531
Oct 2009	175	412	72.54	4.11	$14,388
Sep 2009	0	428	65.54	3.06	$1,312
Aug 2009	0	454	67.42	3.22	$1,461
Jul 2009	176	438	61.13	3.46	$12,276
Jun 2009	0	457	66.16	3.90	$1,780
May 2009	0	445	54.74	3.93	$1,747
Apr 2009	176	442	46.77	3.59	$9,817
Mar 2009	0	432	42.14	4.06	$1,753
Feb 2009	181	350	32.81	4.63	$7,560
Jan 2009	0	379	35.86	5.37	$2,036
Dec 2008	176	405	37.10	5.98	$8,950
Nov 2008	0	399	55.49	6.86	$2,737
Oct 2008	0	432	75.24	6.92	$2,990
Sep 2008	0	414	101.76	7.88	$3,261
Aug 2008	0	404	114.22	8.48	$3,427
Jul 2008	181	413	131.08	11.39	$28,429
Jun 2008	0	479	131.33	13.03	$6,243
May 2008	59	481	123.17	11.57	$12,834
Apr 2008	0	478	110.31	10.45	$4,997
Mar 2008	177	463	101.90	9.66	$22,511
Feb 2008	0	459	92.53	8.77	$4,026
Jan 2008	0	528	90.38	8.21	$4,333
Dec 2007	192	537	88.33	7.30	$20,881
Nov 2007	0	468	91.67	7.29	$3,413
Oct 2007	173	531	82.85	6.92	$18,009
Sep 2007	0	523	75.84	6.24	$3,266
Aug 2007	0	532	69.06	6.39	$3,398
Jul 2007	164	512	70.90	6.39	$14,898
Jun 2007	0	509	62.00	7.55	$3,842
May 2007	0	530	58.74	7.85	$4,159
Apr 2007	184	589	59.61	7.81	$15,566
Mar 2007	0	595	56.92	7.30	$4,345
Feb 2007	187	669	55.10	8.22	$15,800
Jan 2007	0	552	50.30	6.73	$3,713
Dec 2006	0	580	56.65	6.92	$4,013
Nov 2006	192	597	54.20	7.62	$14,954
Oct 2006	0	568	54.90	6.01	$3,416
Sep 2006	190	608	60.08	5.04	$14,478
Aug 2006	0	546	68.71	7.34	$4,008
Jul 2006	0	520	69.37	6.34	$3,298
Jun 2006	180	461	66.28	6.38	$14,873
May 2006	0	508	66.01	6.42	$3,264
Apr 2006	0	439	64.39	7.36	$3,231
Mar 2006	186	484	56.70	7.08	$13,974
Feb 2006	0	434	57.59	7.75	$3,364
Jan 2006	183	485	60.59	8.93	$15,421
Dec 2005	0	482	54.94	13.42	$6,466
Nov 2005	191	585	54.69	10.59	$16,640
Oct 2005	0	671	58.34	13.80	$9,257
Sep 2005	0	638	61.45	12.08	$7,706
Aug 2005	187	644	61.51	9.80	$17,812
Jul 2005	0	597	55.69	7.84	$4,683
Jun 2005	165	559	52.33	7.38	$12,760
May 2005	0	618	45.22	6.65	$4,110
Apr 2005	176	610	49.20	7.36	$13,149
Mar 2005	0	654	50.37	7.15	$4,679
Feb 2005	181	505	45.22	6.31	$11,372
Jan 2005	0	597	43.16	6.32	$3,774
Dec 2004	181	669	39.86	6.75	$11,731
Nov 2004	0	627	45.28	6.33	$3,969
Oct 2004	197	667	49.70	6.52	$14,136
Sep 2004	0	629	43.24	5.28	$3,324
Aug 2004	194	670	42.37	5.55	$11,939
Jul 2004	0	697	38.28	6.08	$4,241
Jun 2004	0	661	36.10	6.43	$4,252
May 2004	186	671	37.48	6.49	$11,329
Apr 2004	0	616	34.47	5.86	$3,609
Mar 2004	172	644	34.36	5.53	$9,471
Feb 2004	0	656	32.45	5.51	$3,614
Jan 2004	177	655	32.03	6.30	$9,796
Dec 2003	196	648	30.26	6.30	$10,014
Nov 2003	0	583	28.80	4.60	$2,679
Oct 2003	191	656	28.17	4.76	$8,503
Sep 2003	0	708	26.31	4.75	$3,363
Aug 2003	177	652	29.76	5.13	$8,612
Jul 2003	0	746	29.41	5.17	$3,857
Jun 2003	162	724	28.56	5.98	$8,958
May 2003	0	719	26.59	5.97	$4,294
Apr 2003	183	748	26.67	5.41	$8,925
Mar 2003	0	780	31.14	6.10	$4,755
Feb 2003	180	658	33.48	7.93	$11,242
Jan 2003	57	765	30.31	5.58	$5,998
Dec 2002	177	757	26.91	4.85	$8,437
Nov 2002	0	735	24.66	4.14	$3,041
Oct 2002	187	782	26.46	4.23	$8,255
Sep 2002	181	727	27.44	3.64	$7,609
Aug 2002	0	823	25.96	3.16	$2,604
Jul 2002	184	935	24.58	3.06	$7,385
Jun 2002	0	883	23.73	3.34	$2,948
May 2002	174	888	24.66	3.58	$7,473
Apr 2002	185	922	23.65	3.51	$7,614
Mar 2002	191	901	22.00	3.10	$6,998
Feb 2002	0	800	18.22	2.38	$1,901
Jan 2002	185	873	17.17	2.38	$5,250
Dec 2001	180	830	16.93	2.36	$5,010
Nov 2001	191	878	18.07	2.41	$5,563
Oct 2001	187	867	19.78	2.53	$5,891
Sep 2001	0	875	24.26	2.25	$1,970
Aug 2001	184	916	24.87	3.05	$7,373
Jul 2001	179	923	23.93	3.20	$7,234
Jun 2001	0	979	24.56	3.82	$3,744
May 2001	168	963	25.52	4.31	$8,435
Apr 2001	183	983	24.68	5.34	$9,761
Mar 2001	187	1,023	24.54	5.38	$10,089
Feb 2001	178	854	27.75	5.77	$9,865
Jan 2001	372	940	27.47	8.40	$18,114
Dec 2000	0	1,023	26.88	9.12	$9,332
Nov 2000	166	1,080	32.21	5.66	$11,458
Oct 2000	179	1,053	31.23	5.15	$11,008
Sep 2000	177	1,130	31.87	5.19	$11,502
Aug 2000	355	1,153	29.64	4.54	$15,758
Jul 2000	183	1,183	28.53	4.09	$10,059
Jun 2000	178	1,234	29.30	4.40	$10,642
May 2000	176	1,315	27.26	3.68	$9,637
Apr 2000	180	1,398	24.51	3.12	$8,768
Mar 2000	182	1,104	28.42	2.86	$8,330
Feb 2000	180	0	27.62	2.73	$4,972
Jan 2000	176	1,032	25.27	2.48	$7,007
Dec 1999	179	1,022	24.28	2.42	$6,823
Nov 1999	183	1,080	23.19	2.43	$6,872
Oct 1999	177	1,192	20.98	2.80	$7,055
Sep 1999	177	1,198	21.75	2.62	$6,987
Aug 1999	176	1,243	19.26	2.88	$6,964
Jul 1999	173	1,247	17.89	2.37	$6,053
Jun 1999	359	1,231	15.94	2.36	$8,630
May 1999	178	1,351	15.79	2.32	$5,946
Apr 1999	183	1,246	15.10	2.21	$5,515
Mar 1999	181	1,306	12.47	1.84	$4,658
Feb 1999	353	1,258	9.98	1.82	$5,810
Jan 1999	359	1,729	10.38	1.90	$7,011
Dec 1998	357	0	9.20	1.77	$3,284
Nov 1998	362	1,770	10.89	2.19	$7,811
Oct 1998	532	1,752	12.42	1.97	$10,058
Sep 1998	176	976	12.59	2.08	$4,248
Aug 1998	179	1,033	11.30	1.91	$3,993
Jul 1998	524	1,537	11.74	2.24	$9,590
Jun 1998	0	585	11.24	2.24	$1,309
May 1998	0	582	12.62	2.21	$1,284
Apr 1998	179	915	13.04	2.51	$4,627
Mar 1998	184	964	12.80	2.31	$4,582
Feb 1998	352	1,130	13.95	2.30	$7,508
Jan 1998	154	853	14.70	2.15	$4,102
Dec 1997	342	1,293	16.32	2.41	$8,699
Nov 1997	182	1,280	18.19	3.09	$7,264
Oct 1997	528	1,271	19.25	3.15	$14,167
Sep 1997	355	1,619	17.74	2.95	$11,082
Aug 1997	515	1,469	17.86	2.55	$12,951
Jul 1997	0	1,171	17.58	2.25	$2,631
Jun 1997	338	1,233	17.24	2.26	$8,610
May 1997	191	1,265	18.97	2.31	$6,544
Apr 1997	0	749	17.88	2.08	$1,560
Mar 1997	360	852	18.95	1.94	$8,474
Feb 1997	198	975	20.49	2.21	$6,208
Jan 1997	198	1,030	23.48	3.54	$8,295
Dec 1996	369	913	23.32	—	$8,605
Nov 1996	386	814	21.97	—	$8,480
Oct 1996	176	1,020	23.31	—	$4,103
Sep 1996	370	942	22.22	—	$8,221
Aug 1996	190	997	20.26	—	$3,849
Jul 1996	375	803	19.55	—	$7,331
Jun 1996	187	496	18.73	—	$3,503
May 1996	380	746	19.43	—	$7,383
Apr 1996	384	760	21.51	—	$8,260
Mar 1996	191	693	19.38	—	$3,702
Feb 1996	382	1,255	16.98	—	$6,486
Jan 1996	378	1,042	17.07	—	$6,452
Dec 1995	194	1,283	17.19	—	$3,335
Nov 1995	355	1,110	16.00	—	$5,680
Oct 1995	375	1,398	15.43	—	$5,786
Sep 1995	201	1,195	16.18	—	$3,252
Aug 1995	554	1,265	15.92	—	$8,820
Jul 1995	183	1,233	15.24	—	$2,789
Jun 1995	758	1,202	16.41	—	$12,439
May 1995	0	276	17.56	—	$0
Apr 1995	0	296	17.73	—	$0
Mar 1995	0	298	16.44	—	$0
Feb 1995	0	447	16.58	—	$0
Jan 1995	0	635	15.92	—	$0
Dec 1994	176	1,026	15.03	—	$2,645
Nov 1994	366	1,254	15.90	—	$5,819
Oct 1994	343	1,157	15.58	—	$5,344
Sep 1994	365	748	15.29	—	$5,581
Aug 1994	362	1,291	16.13	—	$5,839
Jul 1994	173	871	17.56	—	$3,038
Jun 1994	355	1,252	17.09	—	$6,067
May 1994	356	1,525	15.88	—	$5,653
Apr 1994	548	1,490	14.14	—	$7,749
Mar 1994	513	1,905	12.46	—	$6,392
Feb 1994	360	1,350	12.50	—	$4,500
Jan 1994	545	2,011	12.66	—	$6,900
Dec 1993	909	2,507	12.33	—	$11,208
Nov 1993	704	2,116	14.49	—	$10,201
Oct 1993	918	1,170	15.85	—	$14,550
Sep 1993	720	1,102	15.03	—	$10,822
Aug 1993	3	255	15.66	—	$47
Jul 1993	126	623	15.46	—	$1,948
Jun 1993	0	659	16.79	—	$0
May 1993	0	739	17.68	—	$0
Apr 1993	0	912	18.05	—	$0
Mar 1993	366	1,654	18.14	—	$6,639
Feb 1993	358	1,179	17.90	—	$6,408
Jan 1993	367	1,446	16.93	—	$6,213

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.

Aug 2020 — as filed, then multipliedworked

Oil                  128 bbl  × $ 39.98 =     $5,117
Casinghead gas         0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                   $5,117

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/14812 is the state's own key, not one this site invented.