TANNER

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

Operated by GEOSOUTHERN ENERGY CORPORATION (P-5 301287) 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 16396District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Jul 2023

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

367

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	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	34,559 bbl	$916,983
Casinghead gas	Production	155,673 Mcf	$336,739
Total			$1,253,722

76,246 Mcf of this lease's gas, across 47 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 30.0721, -96.8113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.07208, -96.81133 · 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

12,159 ft

1 wells filed one

Completion to plug

28.8 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 12,159 ft.

Completions filed

Apr 1994

1 of 1 wells

Plug dates filed

Feb 2023

1 of 1 wells

Last completion to plug: a median of 28.8 years across the 1 well that filed both dates, with the middle half between 28.8 years and 28.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14931478	2	12,159 ft	Apr 1994	Feb 2023	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 (367)

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

367 months


Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	20	0	75.11	2.47	$1,502
Jan 2023	80	93	76.53	3.39	$6,437
Dec 2022	0	73	76.41	5.73	$418
Nov 2022	0	57	85.00	5.65	$322
Oct 2022	179	94	87.18	5.86	$16,156
Sep 2022	0	71	84.88	8.16	$580
Aug 2022	0	68	94.52	9.13	$621
Jul 2022	0	77	101.58	7.54	$581
Jun 2022	0	66	115.09	7.98	$527
May 2022	0	84	109.37	8.43	$708
Apr 2022	0	48	104.22	6.84	$328
Mar 2022	0	52	108.88	5.08	$264
Feb 2022	0	29	91.05	4.86	$141
Jan 2022	0	41	81.84	4.54	$186
Dec 2021	148	72	71.32	3.90	$10,836
Nov 2021	0	105	77.43	5.24	$550
Oct 2021	0	81	79.79	5.71	$463
Sep 2021	0	38	69.86	5.35	$203
Aug 2021	0	34	66.02	4.22	$144
Jul 2021	1	67	70.78	3.98	$338
Jun 2021	0	78	69.49	3.38	$264
May 2021	170	85	63.48	3.02	$11,048
Apr 2021	0	41	60.36	2.76	$113
Mar 2021	0	50	61.30	2.72	$136
Feb 2021	0	35	57.80	5.55	$194
Jan 2021	0	11	50.41	2.81	$31
Dec 2020	60	12	44.64	2.68	$2,711
Nov 2020	0	11	38.77	2.71	$30
Oct 2020	0	20	36.97	2.48	$50
Sep 2020	0	18	37.09	1.99	$36
Aug 2020	0	22	39.98	2.39	$52
Jul 2020	0	29	38.37	1.83	$53
Jun 2020	0	53	34.90	1.69	$90
May 2020	0	0	16.92	1.81	$0
Apr 2020	120	18	14.75	1.80	$1,802
Mar 2020	3	30	30.34	1.86	$147
Feb 2020	82	0	49.88	1.98	$4,090
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	41	0	55.05	2.66	$2,257
Aug 2019	0	117	53.11	2.30	$270
Jul 2019	53	139	56.27	2.46	$3,324
Jun 2019	0	116	52.78	2.49	$289
May 2019	0	137	58.48	2.74	$375
Apr 2019	0	133	62.63	2.75	$366
Mar 2019	1	95	56.80	3.06	$348
Feb 2019	0	85	50.85	2.79	$237
Jan 2019	109	102	46.03	3.23	$5,347
Dec 2018	0	111	46.59	4.19	$465
Nov 2018	0	136	52.93	4.24	$576
Oct 2018	1	153	61.44	3.40	$581
Sep 2018	0	101	59.54	3.11	$314
Aug 2018	81	139	59.40	3.07	$5,238
Jul 2018	110	140	65.14	2.93	$7,576
Jun 2018	0	79	60.18	3.08	$243
May 2018	0	90	65.38	2.90	$261
Apr 2018	1	68	63.84	2.90	$261
Mar 2018	0	97	61.22	2.79	$270
Feb 2018	0	105	61.78	2.77	$290
Jan 2018	163	54	62.87	4.01	$10,464
Dec 2017	0	68	57.27	2.92	$199
Nov 2017	0	52	55.42	3.12	$162
Oct 2017	0	51	49.29	2.98	$152
Sep 2017	0	213	47.52	3.09	$658
Aug 2017	0	256	45.37	3.00	$769
Jul 2017	0	97	43.87	3.09	$299
Jun 2017	0	90	42.49	3.09	$278
May 2017	0	84	45.37	3.26	$274
Apr 2017	180	121	47.93	3.21	$9,016
Mar 2017	0	152	46.77	2.98	$454
Feb 2017	0	144	50.45	2.95	$425
Jan 2017	1	200	49.41	3.42	$733
Dec 2016	0	75	48.76	3.72	$279
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	105	46.19	3.09	$324
Sep 2016	0	106	41.55	3.10	$329
Aug 2016	180	286	41.44	2.92	$8,296
Jul 2016	0	319	41.62	2.92	$933
Jun 2016	183	438	45.35	2.69	$9,475
May 2016	0	448	42.52	1.99	$892
Apr 2016	0	86	36.56	1.99	$171
Mar 2016	0	94	33.01	1.79	$169
Feb 2016	0	70	26.47	2.06	$144
Jan 2016	0	112	27.35	2.36	$265
Dec 2015	0	133	32.36	2.00	$266
Nov 2015	0	144	38.79	2.17	$312
Oct 2015	0	157	43.55	2.43	$381
Sep 2015	182	291	42.99	2.76	$8,627
Aug 2015	182	605	40.16	2.87	$9,047
Jul 2015	0	276	48.15	2.95	$813
Jun 2015	1	69	56.15	2.88	$255
May 2015	0	58	55.21	2.96	$171
Apr 2015	0	54	49.82	2.71	$146
Mar 2015	0	46	42.89	2.93	$135
Feb 2015	0	35	44.66	2.98	$104
Jan 2015	0	56	43.43	3.10	$174
Dec 2014	0	64	54.69	3.59	$230
Nov 2014	0	64	70.46	4.25	$272
Oct 2014	0	68	78.30	3.90	$265
Sep 2014	0	83	86.16	4.05	$336
Aug 2014	0	94	89.39	4.04	$379
Jul 2014	0	100	96.56	4.18	$418
Jun 2014	0	96	98.16	4.74	$455
May 2014	0	97	94.73	4.73	$458
Apr 2014	0	24	95.94	4.81	$115
Mar 2014	0	8	95.89	5.06	$40
Feb 2014	0	94	97.40	6.19	$582
Jan 2014	0	103	90.40	4.86	$501
Dec 2013	0	90	91.82	4.35	$392
Nov 2013	180	101	88.85	3.74	$16,371
Oct 2013	0	196	97.42	3.78	$741
Sep 2013	0	78	104.11	3.72	$290
Aug 2013	0	149	104.25	3.52	$525
Jul 2013	0	171	102.52	3.72	$636
Jun 2013	0	83	94.40	3.93	$326
May 2013	0	184	94.83	4.15	$763
Apr 2013	181	164	93.96	4.28	$17,709
Mar 2013	0	97	93.62	3.91	$380
Feb 2013	0	163	91.23	3.42	$557
Jan 2013	0	215	91.60	3.42	$735
Dec 2012	0	140	86.77	3.42	$479
Nov 2012	0	114	86.95	3.62	$413
Oct 2012	0	179	89.38	3.40	$609
Sep 2012	178	186	94.67	2.92	$17,394
Aug 2012	1	228	92.66	2.91	$756
Jul 2012	0	223	85.13	3.02	$674
Jun 2012	0	223	79.82	2.52	$562
May 2012	0	194	91.61	2.49	$483
Apr 2012	0	170	101.65	2.00	$339
Mar 2012	183	202	105.05	2.22	$19,673
Feb 2012	0	98	101.10	2.57	$252
Jan 2012	0	134	98.09	2.73	$366
Dec 2011	0	162	96.87	3.24	$525
Nov 2011	0	204	95.72	3.31	$676
Oct 2011	0	240	84.98	3.65	$876
Sep 2011	0	249	83.62	3.99	$992
Aug 2011	0	263	83.40	4.15	$1,091
Jul 2011	0	238	94.14	4.52	$1,075
Jun 2011	179	257	92.90	4.64	$17,822
May 2011	0	162	98.13	4.40	$714
Apr 2011	1	198	105.96	4.33	$964
Mar 2011	0	231	96.36	4.06	$937
Feb 2011	0	316	85.64	4.18	$1,321
Jan 2011	181	238	86.50	4.59	$16,749
Dec 2010	0	263	85.73	4.35	$1,143
Nov 2010	0	219	80.84	3.80	$831
Oct 2010	0	240	78.10	3.51	$842
Sep 2010	0	257	72.63	3.98	$1,023
Aug 2010	178	250	73.68	4.42	$14,220
Jul 2010	0	238	72.55	4.74	$1,127
Jun 2010	0	234	70.36	4.91	$1,149
May 2010	0	241	71.12	4.24	$1,021
Apr 2010	0	201	81.69	4.12	$829
Mar 2010	188	226	78.39	4.39	$15,729
Feb 2010	0	232	73.58	5.44	$1,263
Jan 2010	0	241	74.36	5.96	$1,437
Dec 2009	0	177	71.44	5.48	$971
Nov 2009	0	173	74.59	3.75	$649
Oct 2009	1	238	72.54	4.11	$1,051
Sep 2009	0	201	65.54	3.06	$616
Aug 2009	0	245	67.42	3.22	$789
Jul 2009	0	276	61.13	3.46	$956
Jun 2009	0	245	66.16	3.90	$954
May 2009	178	280	54.74	3.93	$10,843
Apr 2009	1	238	46.77	3.59	$901
Mar 2009	0	242	42.14	4.06	$982
Feb 2009	0	257	32.81	4.63	$1,191
Jan 2009	182	253	35.86	5.37	$7,885
Dec 2008	0	221	37.10	5.98	$1,321
Nov 2008	0	225	55.49	6.86	$1,544
Oct 2008	0	279	75.24	6.92	$1,931
Sep 2008	0	231	101.76	7.88	$1,820
Aug 2008	0	237	114.22	8.48	$2,010
Jul 2008	0	278	131.08	11.39	$3,166
Jun 2008	81	269	131.33	13.03	$14,144
May 2008	177	266	123.17	11.57	$24,880
Apr 2008	0	265	110.31	10.45	$2,771
Mar 2008	0	285	101.90	9.66	$2,754
Feb 2008	0	255	92.53	8.77	$2,237
Jan 2008	0	276	90.38	8.21	$2,265
Dec 2007	183	313	88.33	7.30	$18,450
Nov 2007	1	289	91.67	7.29	$2,199
Oct 2007	0	325	82.85	6.92	$2,250
Sep 2007	0	306	75.84	6.24	$1,911
Aug 2007	193	329	69.06	6.39	$15,430
Jul 2007	1	269	70.90	6.39	$1,789
Jun 2007	0	283	62.00	7.55	$2,136
May 2007	0	290	58.74	7.85	$2,275
Apr 2007	0	319	59.61	7.81	$2,490
Mar 2007	0	317	56.92	7.30	$2,315
Feb 2007	185	310	55.10	8.22	$12,740
Jan 2007	0	339	50.30	6.73	$2,280
Dec 2006	0	293	56.65	6.92	$2,027
Nov 2006	0	327	54.20	7.62	$2,491
Oct 2006	184	341	54.90	6.01	$12,152
Sep 2006	0	310	60.08	5.04	$1,562
Aug 2006	0	269	68.71	7.34	$1,974
Jul 2006	0	291	69.37	6.34	$1,846
Jun 2006	0	298	66.28	6.38	$1,902
May 2006	0	287	66.01	6.42	$1,844
Apr 2006	180	234	64.39	7.36	$13,313
Mar 2006	0	208	56.70	7.08	$1,473
Feb 2006	0	172	57.59	7.75	$1,333
Jan 2006	0	171	60.59	8.93	$1,528
Dec 2005	179	264	54.94	13.42	$13,376
Nov 2005	0	315	54.69	10.59	$3,335
Oct 2005	0	335	58.34	13.80	$4,622
Sep 2005	0	273	61.45	12.08	$3,298
Aug 2005	183	341	61.51	9.80	$14,597
Jul 2005	0	350	55.69	7.84	$2,745
Jun 2005	1	347	52.33	7.38	$2,614
May 2005	180	196	45.22	6.65	$9,443
Apr 2005	0	285	49.20	7.36	$2,098
Mar 2005	181	309	50.37	7.15	$11,328
Feb 2005	0	295	45.22	6.31	$1,862
Jan 2005	0	296	43.16	6.32	$1,871
Dec 2004	0	367	39.86	6.75	$2,478
Nov 2004	0	315	45.28	6.33	$1,994
Oct 2004	181	358	49.70	6.52	$11,328
Sep 2004	0	361	43.24	5.28	$1,907
Aug 2004	0	411	42.37	5.55	$2,281
Jul 2004	186	298	38.28	6.08	$8,933
Jun 2004	0	165	36.10	6.43	$1,061
May 2004	182	361	37.48	6.49	$9,166
Apr 2004	0	318	34.47	5.86	$1,863
Mar 2004	0	273	34.36	5.53	$1,510
Feb 2004	0	314	32.45	5.51	$1,730
Jan 2004	0	311	32.03	6.30	$1,959
Dec 2003	186	363	30.26	6.30	$7,916
Nov 2003	0	352	28.80	4.60	$1,618
Oct 2003	186	424	28.17	4.76	$7,258
Sep 2003	0	269	26.31	4.75	$1,278
Aug 2003	0	346	29.76	5.13	$1,775
Jul 2003	1	100	29.41	5.17	$546
Jun 2003	0	292	28.56	5.98	$1,747
May 2003	188	346	26.59	5.97	$7,065
Apr 2003	0	354	26.67	5.41	$1,914
Mar 2003	0	354	31.14	6.10	$2,158
Feb 2003	186	226	33.48	7.93	$8,019
Jan 2003	0	328	30.31	5.58	$1,831
Dec 2002	181	114	26.91	4.85	$5,424
Nov 2002	0	257	24.66	4.14	$1,063
Oct 2002	184	214	26.46	4.23	$5,774
Sep 2002	0	431	27.44	3.64	$1,567
Aug 2002	0	301	25.96	3.16	$952
Jul 2002	0	465	24.58	3.06	$1,424
Jun 2002	0	460	23.73	3.34	$1,536
May 2002	186	483	24.66	3.58	$6,318
Apr 2002	0	405	23.65	3.51	$1,422
Mar 2002	181	469	22.00	3.10	$5,437
Feb 2002	0	334	18.22	2.38	$793
Jan 2002	0	467	17.17	2.38	$1,109
Dec 2001	179	449	16.93	2.36	$4,092
Nov 2001	0	440	18.07	2.41	$1,058
Oct 2001	0	475	19.78	2.53	$1,201
Sep 2001	0	469	24.26	2.25	$1,056
Aug 2001	180	480	24.87	3.05	$5,942
Jul 2001	179	489	23.93	3.20	$5,847
Jun 2001	0	443	24.56	3.82	$1,694
May 2001	161	438	25.52	4.31	$5,995
Apr 2001	0	476	24.68	5.34	$2,540
Mar 2001	0	414	24.54	5.38	$2,226
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	183	0	27.47	8.40	$5,027
Dec 2000	186	11	26.88	9.12	$5,100
Nov 2000	0	33	32.21	5.66	$187
Oct 2000	187	196	31.23	5.15	$6,849
Sep 2000	0	44	31.87	5.19	$228
Aug 2000	0	185	29.64	4.54	$840
Jul 2000	183	606	28.53	4.09	$7,699
Jun 2000	0	731	29.30	4.40	$3,214
May 2000	396	1,079	27.26	3.68	$14,765
Apr 2000	0	1,406	24.51	3.12	$4,381
Mar 2000	271	287	28.42	2.86	$8,523
Feb 2000	0	258	27.62	2.73	$703
Jan 2000	0	341	25.27	2.48	$846
Dec 1999	186	351	24.28	2.42	$5,367
Nov 1999	0	368	23.19	2.43	$896
Oct 1999	190	198	20.98	2.80	$4,541
Sep 1999	0	317	21.75	2.62	$830
Aug 1999	0	552	19.26	2.88	$1,587
Jul 1999	188	211	17.89	2.37	$3,864
Jun 1999	185	188	15.94	2.36	$3,393
May 1999	0	259	15.79	2.32	$601
Apr 1999	0	482	15.10	2.21	$1,064
Mar 1999	0	196	12.47	1.84	$360
Feb 1999	0	231	9.98	1.82	$420
Jan 1999	0	230	10.38	1.90	$437
Dec 1998	0	242	9.20	1.77	$429
Nov 1998	0	297	10.89	2.19	$649
Oct 1998	1	316	12.42	1.97	$635
Sep 1998	181	298	12.59	2.08	$2,899
Aug 1998	0	669	11.30	1.91	$1,276
Jul 1998	178	611	11.74	2.24	$3,457
Jun 1998	0	513	11.24	2.24	$1,148
May 1998	181	17	12.62	2.21	$2,322
Apr 1998	0	552	13.04	2.51	$1,383
Mar 1998	194	692	12.80	2.31	$4,081
Feb 1998	0	663	13.95	2.30	$1,524
Jan 1998	187	757	14.70	2.15	$4,380
Dec 1997	182	858	16.32	2.41	$5,039
Nov 1997	0	981	18.19	3.09	$3,030
Oct 1997	377	1,077	19.25	3.15	$10,650
Sep 1997	1	734	17.74	2.95	$2,187
Aug 1997	184	1,241	17.86	2.55	$6,457
Jul 1997	191	1,403	17.58	2.25	$6,510
Jun 1997	179	1,588	17.24	2.26	$6,670
May 1997	542	2,291	18.97	2.31	$15,571
Apr 1997	536	1,783	17.88	2.08	$13,297
Mar 1997	183	25	18.95	1.94	$3,516
Feb 1997	0	102	20.49	2.21	$225
Jan 1997	0	142	23.48	3.54	$503
Dec 1996	0	234	23.32	—	$0
Nov 1996	0	229	21.97	—	$0
Oct 1996	0	485	23.31	—	$0
Sep 1996	0	848	22.22	—	$0
Aug 1996	542	3,116	20.26	—	$10,981
Jul 1996	730	2,845	19.55	—	$14,272
Jun 1996	0	329	18.73	—	$0
May 1996	0	375	19.43	—	$0
Apr 1996	0	18	21.51	—	$0
Mar 1996	0	163	19.38	—	$0
Feb 1996	0	122	16.98	—	$0
Jan 1996	0	146	17.07	—	$0
Dec 1995	183	930	17.19	—	$3,146
Nov 1995	713	3,203	16.00	—	$11,408
Oct 1995	562	2,893	15.43	—	$8,672
Sep 1995	529	3,448	16.18	—	$8,559
Aug 1995	709	1,621	15.92	—	$11,287
Jul 1995	518	1,812	15.24	—	$7,894
Jun 1995	372	3,139	16.41	—	$6,105
May 1995	1,752	4,983	17.56	—	$30,765
Apr 1995	371	453	17.73	—	$6,578
Mar 1995	369	1,321	16.44	—	$6,066
Feb 1995	557	1,144	16.58	—	$9,235
Jan 1995	184	215	15.92	—	$2,929
Dec 1994	366	981	15.03	—	$5,501
Nov 1994	568	2,596	15.90	—	$9,031
Oct 1994	1,082	3,350	15.58	—	$16,858
Sep 1994	1,047	3,665	15.29	—	$16,009
Aug 1994	1,271	2,521	16.13	—	$20,501
Jul 1994	8	1	17.56	—	$140
Jun 1994	729	4,186	17.09	—	$12,459
May 1994	2,362	6,435	15.88	—	$37,509
Apr 1994	4,326	12,244	14.14	—	$61,170
Mar 1994	0	0	12.46	—	$0
Feb 1994	143	148	12.50	—	$1,788
Jan 1994	1	266	12.66	—	$13
Dec 1993	0	351	12.33	—	$0
Nov 1993	0	451	14.49	—	$0
Oct 1993	0	518	15.85	—	$0
Sep 1993	172	549	15.03	—	$2,585
Aug 1993	0	717	15.66	—	$0
Jul 1993	0	451	15.46	—	$0
Jun 1993	0	400	16.79	—	$0
May 1993	0	240	17.68	—	$0
Apr 1993	161	496	18.05	—	$2,906
Mar 1993	0	350	18.14	—	$0
Feb 1993	0	550	17.90	—	$0
Jan 1993	0	708	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.

Feb 2023 — as filed, then multipliedworked

Oil                   20 bbl  × $ 75.11 =     $1,502
Casinghead gas         0 Mcf  × $  2.47 =         $0

────────────────────────────────────────────────────
Month total                                   $1,502

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/16396 is the state's own key, not one this site invented.