MORGANS BLUFF HACKBERRY UNIT

Operated by OLIPDP II, LLC (P-5 100467) in the MORGAN BLUFF (HACKBERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20480District 03Field 62868500OilCasinghead gasSaveExport
Value, all time
$167.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.3 M
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 20 leases and 43 wells, and the rule below applies to all of them.

Discovered
1985-10-08
as the register files it
Field class
Oil
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 field rule took effect on 1989-08-21.

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.

StreamBasisVolumeValue
OilDisposition6,149,946 bbl$144,756,219
Casinghead gasProduction10,506,364 Mcf$22,843,821
Total$167,600,041

4,833,802 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 (18)

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 30.2073, -93.7396. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

30.20717, -93.73935 · centre of the wells drawn, derived

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
33.3%
6 of 18 wells
With a plug date
27.8%
5 of 18 wells
Median depth
9,019 ft
18 wells filed one
Completion to plug
24.4 years
median over 5 wells

What the state filed about each well

On the RRC proration schedule
633.3%
A plug date is filed
527.8%
BothOn the schedule and plugged. Neither fact cancels the other.
527.8%
NeitherNo plug date, and not on the schedule.
1266.7%

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

Total depth in feet, 18 of 18 wells. Median 9,019 ft, with the middle half between 8,920 and 9,130 ft; the shallowest is 8,771 ft and the deepest 9,415 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 18 of 18 wells, Nov 1986 – Sep 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1986 – Sep 2024
18 of 18 wells
Plug dates filed
Feb 2002 – Apr 2016
5 of 18 wells; 13 filed none

Last completion to plug: a median of 24.4 years across the 5 wells that filed both dates, with the middle half between 12.4 years and 25.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

18 wells

42-36130543P 39,150 ftSep 2024
42-36130570P 118,771 ftSep 2018
42-36130560T 19,038 ftSep 2017
42-36130539P 28,997 ftJun 2017
42-36130599I 19,200 ftOct 2016Yes
42-36130844P 178,900 ftSep 2006
42-36130555P 68,862 ftNov 2001
42-36130549P 49,038 ftNov 2001Apr 2014Yes
42-36130538S 19,021 ftAug 2000
42-36130598P 138,779 ftAug 2000Feb 2002Yes
42-36130606P 169,304 ftMar 1991
42-36130615S 29,295 ftJan 1991
42-36130530P 19,017 ftMar 1990Apr 2016Yes
42-36130563P 98,948 ftJan 1990
42-36130561P 88,950 ftNov 1989Apr 2014Yes
42-36130597P 149,415 ftNov 1989
42-36130585P 129,068 ftSep 1988May 2014Yes
42-36130552P 58,911 ftNov 1986

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 20261,0341,368106.413.05$114,195
Apr 20261,7512,86098.932.87$181,434
Mar 20261,2142,73989.753.15$117,583
Feb 20261,0372,48363.503.75$75,162
Jan 20261,3861,98259.138.00$97,806
Dec 20251,2181,02056.664.41$73,514
Nov 20251,7611,98358.593.93$110,963
Oct 20251,3812,34759.383.30$89,760
Sep 20251,3442,76262.743.08$92,821
Aug 20251,5292,40563.933.01$104,999
Jul 20251,8661,85566.743.32$130,687
Jun 20251,5292,11766.483.13$108,271
May 20251,0052,23560.553.23$68,077
Apr 20251,3832,25962.363.54$94,248
Mar 20251,7171,96767.704.27$124,637
Feb 20251,5351,63970.884.34$115,915
Jan 20258591,07174.324.28$68,423
Dec 20241,867068.993.12$128,804
Nov 20241,702069.052.20$117,523
Oct 20241,531071.372.28$109,267
Sep 20241,049069.612.36$73,021
Aug 20241,362075.632.06$103,008
Jul 20241,513079.932.15$120,934
Jun 20241,379078.082.63$107,672
May 20241,178078.812.20$92,838
Apr 20241,036084.451.66$87,490
Mar 20241,693080.301.55$135,948
Feb 20241,161076.091.78$88,340
Jan 20241,732073.023.30$126,471
Dec 2023860071.262.61$61,284
Nov 20231,520077.892.81$118,393
Oct 20231,711085.443.09$146,188
Sep 2023841089.042.74$74,883
Aug 2023857080.522.67$69,006
Jul 20231,387074.852.64$103,817
Jun 20231,223068.962.26$84,338
May 20231,196070.622.23$84,462
Apr 20231,690078.122.24$132,023
Mar 20231,578072.852.39$114,957
Feb 20231,520075.112.47$114,167
Jan 20231,722076.533.39$131,785
Dec 20221,727076.415.73$131,960
Nov 20221,588085.005.65$134,980
Oct 20221,033087.185.86$90,057
Sep 2022692084.888.16$58,737
Aug 20221,054094.529.13$99,624
Jul 20221,0360101.587.54$105,237
Jun 20221,0062,283115.097.98$133,992
May 20221,0792,580109.378.43$139,767
Apr 20221,4142,460104.226.84$164,188
Mar 20221,2165,272108.885.08$159,161
Feb 20221,30384091.054.86$122,720
Jan 20221,095081.844.54$89,615
Dec 20211,39098471.323.90$102,972
Nov 20211,008077.435.24$78,049
Oct 20211,05126079.795.71$85,345
Sep 202167423069.865.35$48,316
Aug 20211,20933766.024.22$81,241
Jul 20211,6993,97870.783.98$136,096
Jun 2021013269.493.38$446
May 2021024563.483.02$739
Apr 202134263060.362.76$22,381
Mar 20211,21473261.302.72$76,407
Feb 202169029957.805.55$41,541
Jan 202185223850.412.81$43,618
Dec 202017419844.642.68$8,297
Nov 20201,19377638.772.71$48,353
Oct 202034515436.972.48$13,136
Sep 20201,03269037.091.99$39,651
Aug 20201,033039.982.39$41,299
Jul 202034469138.371.83$14,460
Jun 20201,03649534.901.69$36,993
May 2020046716.921.81$847
Apr 202070589114.751.80$12,006
Mar 20201,2201,44430.341.86$39,695
Feb 20201,380049.881.98$68,834
Jan 20201,3921,14757.252.09$82,095
Dec 20191,02990459.012.30$62,804
Nov 20191,6391,67855.302.75$95,252
Oct 20191,5431,39353.472.42$85,873
Sep 20196991,15255.052.66$41,541
Aug 20191,7183,07053.112.30$98,317
Jul 20192,0543,06056.272.46$123,106
Jun 201918355252.782.49$11,034
May 20191,0212,38758.482.74$66,249
Apr 20191,3613,76862.632.75$95,604
Mar 20191,5433,40156.803.06$98,057
Feb 20191,2121,20850.852.79$65,003
Jan 20191,8811,31646.033.23$90,831
Dec 20181,6013,78046.594.19$90,412
Nov 20181,8943,66752.934.24$115,787
Oct 20182,2544,61561.443.40$154,168
Sep 20181,7103,50659.543.11$112,710
Aug 20183,96211,24759.403.07$269,832
Jul 20182,9444,13465.142.93$203,893
Jun 20181,3672,72060.183.08$90,635
May 20182,0869,04365.382.90$162,615
Apr 20182,7685,74363.842.90$193,368
Mar 20182,23766661.222.79$138,805
Feb 20182,7554,55861.782.77$182,812
Jan 20182,2635,34162.874.01$163,689
Dec 20172,8976,15757.272.92$183,899
Nov 20172,9068,11555.423.12$186,356
Oct 20172,4058,87549.292.98$145,023
Sep 20171,6911,33947.523.09$84,490
Aug 20172,3767,31745.373.00$129,782
Jul 20172,7697,37843.873.09$144,254
Jun 20173,12411,19642.493.09$167,304
May 20172,9537,74545.373.26$159,253
Apr 20171,7374,97847.933.21$99,242
Mar 20172,77423,27546.772.98$199,185
Feb 20172,5806,48950.452.95$149,320
Jan 20173,1456,16049.413.42$176,454
Dec 20162,6237,36148.763.72$155,301
Nov 20162,4606,71942.492.64$122,293
Oct 20163,1449,38846.193.09$174,233
Sep 20161,9205,69741.553.10$97,440
Aug 20162,8025,70041.442.92$132,784
Jul 20162,6205,98541.622.92$126,547
Jun 20164,80011,85845.352.69$249,529
May 20161,54857642.521.99$66,968
Apr 20162,93811,75636.561.99$130,820
Mar 20162,9517,87233.011.79$111,535
Feb 20162,94213,91326.472.06$106,586
Jan 20162,59814,30527.352.36$104,877
Dec 20152,07410,88732.362.00$88,904
Nov 20153,24915,43338.792.17$159,477
Oct 20152,92813,26443.552.43$159,701
Sep 20152,78316,08142.992.76$163,999
Aug 20153,94116,28440.162.87$205,046
Jul 20152,88517,18548.152.95$189,524
Jun 20153,23517,78656.152.88$232,920
May 20152,92312,74955.212.96$199,058
Apr 20152,92912,38649.822.71$179,446
Mar 20152,77117,59942.892.93$170,496
Feb 20152,92816,48444.662.98$179,824
Jan 20152,76418,97743.433.10$178,881
Dec 20143,24716,41554.693.59$236,531
Nov 20142,76817,46470.464.25$269,287
Oct 20144,13218,43378.303.90$395,442
Sep 20141,53112,00386.164.05$180,468
Aug 20142,73112,21689.394.04$293,417
Jul 20141,03019,35796.564.18$180,361
Jun 20142,9219,28198.164.74$330,688
May 20142,3921694.734.73$226,670
Apr 20142,0285,13095.944.81$219,237
Mar 20142,6756,68195.895.06$290,290
Feb 20142,7171,51297.406.19$273,998
Jan 20142,1826,80990.404.86$230,349
Dec 20132,6984,26591.824.35$266,302
Nov 20132,8568,24688.853.74$284,581
Oct 20132,7265,88197.423.78$287,793
Sep 20132,3384,715104.113.72$260,938
Aug 20132,8448,801104.253.52$327,489
Jul 20131,5293,416102.523.72$169,453
Jun 20131,363094.403.93$128,667
May 20133,0426,64894.834.15$316,056
Apr 20131,7049,46993.964.28$200,660
Mar 20132,52910,96793.623.91$279,677
Feb 20132,3525,04491.233.42$231,823
Jan 20132,3559,88391.603.42$249,517
Dec 20122,75510,95986.773.42$276,533
Nov 20122,72210,51986.953.62$274,809
Oct 20122,5308,12289.383.40$253,744
Sep 20122,6858,45694.672.92$278,867
Aug 20122,8756,68992.662.91$285,850
Jul 20122,67713,83085.133.02$269,671
Jun 20123,20012,13779.822.52$285,998
May 20122,37011,41291.612.49$245,512
Apr 20122,90511,162101.652.00$317,582
Mar 20123,22414,438105.052.22$370,764
Feb 20122,87914,785101.102.57$329,068
Jan 20122,35612,62598.092.73$265,618
Dec 20113,59419,29596.873.24$410,662
Nov 20113,05211,82495.723.31$331,290
Oct 20113,72312,11584.983.65$360,583
Sep 20113,79010,03483.623.99$356,913
Aug 20113,49210,68583.404.15$335,568
Jul 20113,95314,05994.144.52$435,643
Jun 20113,3727,66792.904.64$348,833
May 20113,2004,89798.134.40$335,586
Apr 20111,697534105.964.33$182,128
Mar 20112,7792,92496.364.06$279,648
Feb 20113,1213,12985.644.18$280,362
Jan 20112,6426,16886.504.59$256,837
Dec 20103,5054,63885.734.35$320,649
Nov 20103,0014,69780.843.80$260,428
Oct 20102,9952,83178.103.51$243,843
Sep 20103,5704,18472.633.98$275,939
Aug 20102,1883,42973.684.42$176,366
Jul 20103,150072.554.74$228,533
Jun 20103,8763,92970.364.91$292,008
May 20103,7379,86871.124.24$307,569
Apr 20103,358081.694.12$274,315
Mar 20104,0815,32378.394.39$343,270
Feb 20102,0775,19973.585.44$181,120
Jan 20102,0265,95074.365.96$186,140
Dec 20093,1557,59371.445.48$267,031
Nov 20092,44611,97174.593.75$227,356
Oct 20092,93112,54372.544.11$264,170
Sep 20093,15012,12065.543.06$243,596
Aug 20092,90712,37067.423.22$235,803
Jul 20093,51314,57161.133.46$265,231
Jun 20093,77510,59266.163.90$291,010
May 20093,64411,46254.743.93$244,470
Apr 20093,04410,89446.773.59$181,450
Mar 20093,54412,06442.144.06$198,312
Feb 20094,64810,72732.814.63$202,199
Jan 20093,36910,93435.865.37$179,539
Dec 20083,9768,71137.105.98$199,576
Nov 20083,5984,43855.496.86$230,099
Oct 20084,1094,82175.246.92$342,532
Sep 20087131,232101.767.88$82,259
Aug 20083,4435,444114.228.48$439,441
Jul 20085,3958,365131.0811.39$802,449
Jun 20083,0148,635131.3313.03$508,365
May 20086,81317,906123.1711.57$1,046,406
Apr 20083,9285,993110.3110.45$495,954
Mar 20086,04213,483101.909.66$745,980
Feb 20082,4478,59392.538.77$301,787
Jan 20084,2569,43190.388.21$462,046
Dec 20074,49311,77088.337.30$482,811
Nov 20076,24515,99791.677.29$689,124
Oct 20074,1978,72782.856.92$408,130
Sep 20076,02115,88875.846.24$555,840
Aug 20076,85318,41469.066.39$590,896
Jul 20075,64113,32270.906.39$485,047
Jun 20076,60513,11562.007.55$508,508
May 20078,03119,36458.747.85$623,676
Apr 20078,30113,75059.617.81$602,144
Mar 20076,03215,21056.927.30$454,404
Feb 20076,09320,66355.108.22$505,492
Jan 20077,37525,37550.306.73$541,656
Dec 20065,53216,52756.656.92$427,729
Nov 20066,70818,41154.207.62$503,819
Oct 20065,78523,61354.906.01$459,600
Sep 20065,25650,00460.085.04$567,661
Aug 20063,39418,48868.717.34$368,902
Jul 20063,18518,34569.376.34$337,301
Jun 20062,60118,53766.286.38$290,732
May 20063,79921,76366.016.42$390,599
Apr 20063,41319,32964.397.36$362,034
Mar 20064,42520,41456.707.08$395,488
Feb 20063,69022,20657.597.75$384,628
Jan 20063,45116,79260.598.93$359,104
Dec 20054,39037,16854.9413.42$739,810
Nov 20053,16618,53254.6910.59$369,373
Oct 200573984958.3413.80$54,826
Sep 20052,79020,18561.4512.08$415,260
Aug 20054,69216,92361.519.80$454,397
Jul 20054,50625,25255.697.84$449,007
Jun 20054,59314,09052.337.38$344,351
May 20053,5799,96545.226.65$228,121
Apr 20054,34424,76949.207.36$396,037
Mar 20055,32121,33750.377.15$420,682
Feb 20054,63616,34545.226.31$312,808
Jan 20055,19224,61943.166.32$379,733
Dec 20045,63027,41139.866.75$409,466
Nov 20044,03420,02445.286.33$309,420
Oct 20044,98328,80649.706.52$435,329
Sep 20044,28929,02943.245.28$338,843
Aug 20044,03420,12342.375.55$282,617
Jul 20044,88331,82238.286.08$380,532
Jun 20045,50544,67636.106.43$486,132
May 20044,03126,30437.486.49$321,915
Apr 20045,71344,55934.475.86$457,974
Mar 20047,99342,03134.365.53$507,077
Feb 20048,93350,96432.455.51$570,668
Jan 20049,22638,56832.036.30$538,473
Dec 20038,79433,00630.266.30$474,098
Nov 20037,98526,00828.804.60$349,479
Oct 20039,20425,60728.174.76$381,157
Sep 20037,80516,10826.314.75$281,852
Aug 20038,22614,55629.765.13$319,474
Jul 20038,72113,91729.415.17$328,447
Jun 20038,04312,05028.565.98$301,803
May 20039,23414,84926.595.97$334,220
Apr 20039,88816,73726.675.41$354,215
Mar 20038,68412,04931.146.10$343,871
Feb 200310,19615,51833.487.93$464,356
Jan 200310,21811,54630.315.58$374,158
Dec 20029,90211,82126.914.85$323,839
Nov 20029,75115,60624.664.14$305,021
Oct 200210,43918,70626.464.23$355,326
Sep 200210,51917,44927.443.64$352,072
Aug 200210,59116,17625.963.16$326,126
Jul 200210,95815,06124.583.06$315,461
Jun 200210,93019,82523.733.34$325,550
May 200210,81719,22824.663.58$335,660
Apr 20029,93718,07323.653.51$298,488
Mar 200211,89522,50822.003.10$331,526
Feb 20029,94315,85418.222.38$218,825
Jan 200210,26722,28617.172.38$229,229
Dec 200110,22323,00816.932.36$227,476
Nov 200111,76924,34318.072.41$271,223
Oct 200111,22922,83219.782.53$279,849
Sep 200112,19938,85824.262.25$383,430
Aug 200114,78342,93824.873.05$498,750
Jul 200115,28242,26423.933.20$500,820
Jun 200115,74445,51224.563.82$560,718
May 200116,90046,69625.524.31$632,423
Apr 200116,70440,05824.685.34$625,977
Mar 200119,36937,73924.545.38$678,217
Feb 200116,41826,04327.755.77$605,792
Jan 200118,37228,70227.478.40$745,740
Dec 200020,02633,38526.889.12$842,854
Nov 200019,39832,99332.215.66$811,484
Oct 200018,92728,48131.235.15$737,639
Sep 200018,06428,91331.875.19$725,657
Aug 200021,51541,68129.644.54$826,968
Jul 200019,54134,95628.534.09$700,466
Jun 200019,15937,23429.304.40$725,086
May 200018,87834,16927.263.68$640,348
Apr 200020,72532,94124.513.12$610,614
Mar 200021,49242,52828.422.86$732,422
Feb 200022,06745,97127.622.73$734,830
Jan 200021,74737,72225.272.48$643,116
Dec 199922,51435,43124.282.42$632,515
Nov 199922,27238,83523.192.43$611,012
Oct 199923,08842,01920.982.80$602,195
Sep 199922,70542,77621.752.62$605,858
Aug 199924,80737,55519.262.88$585,776
Jul 199925,57943,21117.892.37$560,121
Jun 199921,44533,95315.942.36$422,034
May 199921,63935,49115.792.32$424,055
Apr 199919,20526,63915.102.21$348,816
Mar 199922,44037,49012.471.84$348,746
Feb 199924,70442,1859.981.82$323,229
Jan 199929,29048,20910.381.90$395,625
Dec 199827,27249,1199.201.77$338,006
Nov 199830,30052,80310.892.19$445,380
Oct 199836,01882,06812.421.97$608,953
Sep 199836,55262,94812.592.08$591,286
Aug 199836,27070,09011.301.91$543,537
Jul 199835,68752,82511.742.24$537,149
Jun 199833,85357,35311.242.24$508,822
May 199836,22863,26912.622.21$596,790
Apr 199834,81463,83813.042.51$613,910
Mar 199834,47365,75212.802.31$593,105
Feb 199831,37261,71213.952.30$579,523
Jan 199835,40065,04114.702.15$660,530
Dec 199734,75359,85916.322.41$711,495
Nov 199735,65953,78318.193.09$814,733
Oct 199736,77656,30319.253.15$885,282
Sep 199732,15553,07317.742.95$727,254
Aug 199736,69666,70617.862.55$825,807
Jul 199737,76454,19517.582.25$785,664
Jun 199737,00060,81417.242.26$775,149
May 199743,62183,40418.972.31$1,020,029
Apr 199744,69586,25017.882.08$978,786
Mar 199748,61789,50918.951.94$1,094,863
Feb 199746,55683,74420.492.21$1,138,663
Jan 199753,82491,64323.483.54$1,588,176
Dec 199658,65793,91423.32$1,367,881
Nov 199651,09476,14921.97$1,122,535
Oct 199657,70988,60123.31$1,345,197
Sep 199653,65581,02522.22$1,192,214
Aug 199655,47989,79820.26$1,124,005
Jul 199660,48082,80019.55$1,182,384
Jun 199658,52294,85518.73$1,096,117
May 199659,57881,63119.43$1,157,601
Apr 199660,01889,48921.51$1,290,987
Mar 199664,98894,07319.38$1,259,467
Feb 199660,02082,45116.98$1,019,140
Jan 199665,83389,12217.07$1,123,769
Dec 199564,80888,87917.19$1,114,050
Nov 199558,18675,72516.00$930,976
Oct 199559,34881,04215.43$915,740
Sep 199558,03073,49916.18$938,925
Aug 199565,17299,72415.92$1,037,538
Jul 199565,00292,27415.24$990,630
Jun 199562,68887,28316.41$1,028,710
May 199567,23691,87617.56$1,180,664
Apr 199569,37798,13717.73$1,230,054
Mar 199566,17287,02116.44$1,087,868
Feb 199560,45078,22516.58$1,002,261
Jan 199564,60782,51915.92$1,028,543
Dec 199466,51681,40615.03$999,735
Nov 199462,56079,11615.90$994,704
Oct 199463,14482,41715.58$983,784
Sep 199462,89084,64015.29$961,588
Aug 199465,81987,19416.13$1,061,660
Jul 199468,45093,78217.56$1,201,982
Jun 199478,164103,69217.09$1,335,823
May 199485,021135,65915.88$1,350,133
Apr 199486,564122,50714.14$1,224,015
Mar 199490,985134,38112.46$1,133,673
Feb 199486,419120,03912.50$1,080,238
Jan 199496,886122,42512.66$1,226,577
Dec 199393,757119,02612.33$1,156,024
Nov 199393,457123,68214.49$1,354,192
Oct 199399,103126,39315.85$1,570,783
Sep 199396,496124,32815.03$1,450,335
Aug 1993100,765133,98515.66$1,577,980
Jul 1993100,109130,99715.46$1,547,685
Jun 1993101,180124,28516.79$1,698,812
May 1993105,007126,13217.68$1,856,524
Apr 1993101,315126,00818.05$1,828,736
Mar 1993105,632122,43318.14$1,916,164
Feb 199397,740123,88317.90$1,749,546
Jan 1993110,382125,28016.93$1,868,767

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.

May 2026 — as filed, then multipliedworked
Oil                1,034 bbl  × $106.41 =   $110,028
Casinghead gas     1,368 Mcf  × $  3.05 =     $4,167

────────────────────────────────────────────────────
Month total                                 $114,195

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/20480 is the state's own key, not one this site invented.