VESTAL GAS UNIT NO. 1

Name: VESTAL GAS UNIT NO. 1 lease production and value, Jun 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the FARRAR (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155872District 05Field 303215002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.8 M

Jun 1995 – Apr 2023

Value, last 12 filed months

at the published price for each month

Months reported

335

no gaps in the span

Streams

condensate, gas

The FARRAR (TRAVIS PEAK) 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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered

1963-08-25

as the register files it

Field class

Gas

the register's own label

Between wells

600 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-11-14.

The Commission's schedule remark for this field reads: “PRORATION PURPOSES.”

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
High Cost Gas	1	1	1995-11-14	132290
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	3,250 bbl	$147,566
Gas	Production	1,084,912 Mcf	$3,619,840
Total			$3,767,406

286,138 Mcf of this lease's gas, across 19 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 31.4511, -96.2484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45107, -96.24840 · 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

9,617 ft

1 wells filed one

Completion to plug

15.3 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 9,617 ft.

Completions filed

Jan 2008

1 of 1 wells

Plug dates filed

Apr 2023

1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16131309	3	9,617 ft	Jan 2008	Apr 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 (335)

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

335 months


Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
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	140	34.90	1.69	$237
May 2020	0	93	16.92	1.81	$169
Apr 2020	0	211	14.75	1.80	$381
Mar 2020	0	152	30.34	1.86	$282
Feb 2020	0	159	49.88	1.98	$315
Jan 2020	0	63	57.25	2.09	$132
Dec 2019	0	107	59.01	2.30	$247
Nov 2019	0	238	55.30	2.75	$655
Oct 2019	0	279	53.47	2.42	$675
Sep 2019	0	280	55.05	2.66	$744
Aug 2019	0	289	53.11	2.30	$666
Jul 2019	0	286	56.27	2.46	$704
Jun 2019	0	281	52.78	2.49	$700
May 2019	0	288	58.48	2.74	$789
Apr 2019	0	322	62.63	2.75	$886
Mar 2019	0	332	56.80	3.06	$1,017
Feb 2019	0	297	50.85	2.79	$829
Jan 2019	1	353	46.03	3.23	$1,186
Dec 2018	0	361	46.59	4.19	$1,511
Nov 2018	0	347	52.93	4.24	$1,470
Oct 2018	0	391	61.44	3.40	$1,329
Sep 2018	0	180	59.54	3.11	$559
Aug 2018	0	408	59.40	3.07	$1,251
Jul 2018	0	420	65.14	2.93	$1,231
Jun 2018	0	453	60.18	3.08	$1,394
May 2018	0	379	65.38	2.90	$1,099
Apr 2018	0	357	63.84	2.90	$1,036
Mar 2018	0	363	61.22	2.79	$1,012
Feb 2018	0	266	61.78	2.77	$736
Jan 2018	0	367	62.87	4.01	$1,471
Dec 2017	0	393	57.27	2.92	$1,148
Nov 2017	0	352	55.42	3.12	$1,098
Oct 2017	1	338	49.29	2.98	$1,058
Sep 2017	0	389	47.52	3.09	$1,201
Aug 2017	0	455	45.37	3.00	$1,367
Jul 2017	0	436	43.87	3.09	$1,346
Jun 2017	0	379	42.49	3.09	$1,170
May 2017	1	374	45.37	3.26	$1,266
Apr 2017	0	358	47.93	3.21	$1,150
Mar 2017	0	376	46.77	2.98	$1,122
Feb 2017	0	336	50.45	2.95	$992
Jan 2017	0	410	49.41	3.42	$1,402
Dec 2016	0	410	48.76	3.72	$1,526
Nov 2016	0	406	42.49	2.64	$1,074
Oct 2016	0	437	46.19	3.09	$1,350
Sep 2016	0	446	41.55	3.10	$1,383
Aug 2016	0	490	41.44	2.92	$1,433
Jul 2016	0	556	41.62	2.92	$1,626
Jun 2016	0	1,460	45.35	2.69	$3,921
May 2016	0	558	42.52	1.99	$1,111
Apr 2016	0	506	36.56	1.99	$1,007
Mar 2016	0	381	33.01	1.79	$684
Feb 2016	0	368	26.47	2.06	$759
Jan 2016	145	352	27.35	2.36	$4,798
Dec 2015	0	579	32.36	2.00	$1,159
Nov 2015	0	604	38.79	2.17	$1,309
Oct 2015	0	584	43.55	2.43	$1,417
Sep 2015	0	892	42.99	2.76	$2,461
Aug 2015	0	1,415	40.16	2.87	$4,065
Jul 2015	0	1,436	48.15	2.95	$4,229
Jun 2015	0	1,404	56.15	2.88	$4,048
May 2015	0	1,482	55.21	2.96	$4,380
Apr 2015	0	1,398	49.82	2.71	$3,784
Mar 2015	0	1,314	42.89	2.93	$3,856
Feb 2015	0	1,139	44.66	2.98	$3,390
Jan 2015	0	1,344	43.43	3.10	$4,167
Dec 2014	0	1,342	54.69	3.59	$4,820
Nov 2014	0	1,290	70.46	4.25	$5,485
Oct 2014	0	1,427	78.30	3.90	$5,567
Sep 2014	0	1,447	86.16	4.05	$5,854
Aug 2014	0	1,594	89.39	4.04	$6,432
Jul 2014	0	1,530	96.56	4.18	$6,395
Jun 2014	0	1,348	98.16	4.74	$6,385
May 2014	0	1,334	94.73	4.73	$6,305
Apr 2014	0	2,016	95.94	4.81	$9,695
Mar 2014	0	1,861	95.89	5.06	$9,411
Feb 2014	0	1,201	97.40	6.19	$7,437
Jan 2014	0	1,204	90.40	4.86	$5,852
Dec 2013	0	1,218	91.82	4.35	$5,304
Nov 2013	0	1,645	88.85	3.74	$6,149
Oct 2013	0	1,910	97.42	3.78	$7,219
Sep 2013	0	2,358	104.11	3.72	$8,766
Aug 2013	0	1,871	104.25	3.52	$6,591
Jul 2013	0	1,489	102.52	3.72	$5,536
Jun 2013	0	1,721	94.40	3.93	$6,769
May 2013	0	1,824	94.83	4.15	$7,568
Apr 2013	0	1,866	93.96	4.28	$7,991
Mar 2013	0	1,889	93.62	3.91	$7,391
Feb 2013	0	1,692	91.23	3.42	$5,786
Jan 2013	0	1,460	91.60	3.42	$4,993
Dec 2012	0	1,936	86.77	3.42	$6,621
Nov 2012	0	1,313	86.95	3.62	$4,760
Oct 2012	0	1,582	89.38	3.40	$5,378
Sep 2012	0	1,932	94.67	2.92	$5,638
Aug 2012	0	2,182	92.66	2.91	$6,346
Jul 2012	0	2,249	85.13	3.02	$6,794
Jun 2012	175	2,268	79.82	2.52	$19,682
May 2012	0	1,988	91.61	2.49	$4,947
Apr 2012	0	2,092	101.65	2.00	$4,177
Mar 2012	0	1,856	105.05	2.22	$4,124
Feb 2012	0	1,791	101.10	2.57	$4,603
Jan 2012	0	1,430	98.09	2.73	$3,910
Dec 2011	0	2,001	96.87	3.24	$6,483
Nov 2011	0	1,907	95.72	3.31	$6,315
Oct 2011	0	1,635	84.98	3.65	$5,965
Sep 2011	0	1,824	83.62	3.99	$7,270
Aug 2011	0	1,868	83.40	4.15	$7,751
Jul 2011	0	1,913	94.14	4.52	$8,641
Jun 2011	0	1,834	92.90	4.64	$8,510
May 2011	0	941	98.13	4.40	$4,145
Apr 2011	0	1,055	105.96	4.33	$4,572
Mar 2011	0	1,810	96.36	4.06	$7,344
Feb 2011	0	954	85.64	4.18	$3,988
Jan 2011	0	888	86.50	4.59	$4,075
Dec 2010	153	1,336	85.73	4.35	$18,925
Nov 2010	0	1,851	80.84	3.80	$7,025
Oct 2010	0	1,921	78.10	3.51	$6,741
Sep 2010	0	2,181	72.63	3.98	$8,679
Aug 2010	0	2,421	73.68	4.42	$10,699
Jul 2010	0	2,683	72.55	4.74	$12,708
Jun 2010	0	2,573	70.36	4.91	$12,634
May 2010	0	2,609	71.12	4.24	$11,050
Apr 2010	0	2,756	81.69	4.12	$11,362
Mar 2010	0	2,893	78.39	4.39	$12,696
Feb 2010	0	1,918	73.58	5.44	$10,438
Jan 2010	1	2,704	74.36	5.96	$16,201
Dec 2009	0	2,957	71.44	5.48	$16,215
Nov 2009	0	2,859	74.59	3.75	$10,726
Oct 2009	0	3,128	72.54	4.11	$12,857
Sep 2009	0	3,247	65.54	3.06	$9,951
Aug 2009	171	3,475	67.42	3.22	$22,713
Jul 2009	0	3,546	61.13	3.46	$12,285
Jun 2009	0	3,380	66.16	3.90	$13,165
May 2009	0	3,418	54.74	3.93	$13,418
Apr 2009	2	3,166	46.77	3.59	$11,452
Mar 2009	1	3,559	42.14	4.06	$14,488
Feb 2009	1	3,490	32.81	4.63	$16,202
Jan 2009	1	4,005	35.86	5.37	$21,547
Dec 2008	171	5,033	37.10	5.98	$36,427
Nov 2008	3	5,274	55.49	6.86	$36,348
Oct 2008	3	5,791	75.24	6.92	$40,311
Sep 2008	0	5,954	101.76	7.88	$46,900
Aug 2008	187	6,425	114.22	8.48	$75,863
Jul 2008	2	6,721	131.08	11.39	$76,811
Jun 2008	4	7,125	131.33	13.03	$93,383
May 2008	8	7,855	123.17	11.57	$91,901
Apr 2008	186	5,950	110.31	10.45	$82,724
Mar 2008	160	8,631	101.90	9.66	$99,715
Feb 2008	14	12,433	92.53	8.77	$110,340
Jan 2008	27	7,098	90.38	8.21	$60,685
Dec 2007	1	1,754	88.33	7.30	$12,896
Nov 2007	0	1,532	91.67	7.29	$11,171
Oct 2007	0	1,581	82.85	6.92	$10,944
Sep 2007	0	1,691	75.84	6.24	$10,559
Aug 2007	0	1,909	69.06	6.39	$12,195
Jul 2007	0	2,038	70.90	6.39	$13,019
Jun 2007	0	1,665	62.00	7.55	$12,568
May 2007	0	1,115	58.74	7.85	$8,749
Apr 2007	0	1,066	59.61	7.81	$8,320
Mar 2007	0	1,578	56.92	7.30	$11,523
Feb 2007	0	1,602	55.10	8.22	$13,162
Jan 2007	0	1,211	50.30	6.73	$8,146
Dec 2006	0	1,605	56.65	6.92	$11,104
Nov 2006	0	1,621	54.20	7.62	$12,348
Oct 2006	0	1,910	54.90	6.01	$11,486
Sep 2006	1	1,817	60.08	5.04	$9,213
Aug 2006	0	2,343	68.71	7.34	$17,197
Jul 2006	1	1,797	69.37	6.34	$11,467
Jun 2006	1	1,387	66.28	6.38	$8,921
May 2006	0	1,553	66.01	6.42	$9,978
Apr 2006	0	1,189	64.39	7.36	$8,752
Mar 2006	0	1,706	56.70	7.08	$12,083
Feb 2006	1	1,717	57.59	7.75	$13,366
Jan 2006	2	2,485	60.59	8.93	$22,320
Dec 2005	1	2,210	54.94	13.42	$29,703
Nov 2005	1	2,350	54.69	10.59	$24,937
Oct 2005	0	1,569	58.34	13.80	$21,646
Sep 2005	0	1,768	61.45	12.08	$21,356
Aug 2005	0	2,446	61.51	9.80	$23,963
Jul 2005	1	2,850	55.69	7.84	$22,410
Jun 2005	3	2,669	52.33	7.38	$19,857
May 2005	0	2,203	45.22	6.65	$14,653
Apr 2005	1	2,347	49.20	7.36	$17,324
Mar 2005	0	3,722	50.37	7.15	$26,630
Feb 2005	1	3,185	45.22	6.31	$20,149
Jan 2005	1	4,146	43.16	6.32	$26,255
Dec 2004	1	3,863	39.86	6.75	$26,119
Nov 2004	0	2,340	45.28	6.33	$14,813
Oct 2004	0	3,416	49.70	6.52	$22,256
Sep 2004	1	1,976	43.24	5.28	$10,484
Aug 2004	1	3,201	42.37	5.55	$17,810
Jul 2004	2	3,946	38.28	6.08	$24,085
Jun 2004	1	2,500	36.10	6.43	$16,119
May 2004	0	2,564	37.48	6.49	$16,652
Apr 2004	1	2,090	34.47	5.86	$12,279
Mar 2004	0	3,027	34.36	5.53	$16,740
Feb 2004	2	3,281	32.45	5.51	$18,142
Jan 2004	0	2,324	32.03	6.30	$14,640
Dec 2003	1	4,658	30.26	6.30	$29,383
Nov 2003	0	4,780	28.80	4.60	$21,965
Oct 2003	0	2,261	28.17	4.76	$10,762
Sep 2003	0	2,977	26.31	4.75	$14,139
Aug 2003	0	3,942	29.76	5.13	$20,221
Jul 2003	0	3,828	29.41	5.17	$19,794
Jun 2003	1	4,259	28.56	5.98	$25,510
May 2003	0	4,194	26.59	5.97	$25,049
Apr 2003	1	4,743	26.67	5.41	$25,673
Mar 2003	7	4,438	31.14	6.10	$27,272
Feb 2003	0	4,761	33.48	7.93	$37,735
Jan 2003	2	4,170	30.31	5.58	$23,338
Dec 2002	0	3,788	26.91	4.85	$18,386
Nov 2002	1	4,638	24.66	4.14	$19,212
Oct 2002	1	5,074	26.46	4.23	$21,485
Sep 2002	0	4,663	27.44	3.64	$16,951
Aug 2002	0	5,955	25.96	3.16	$18,843
Jul 2002	2	5,244	24.58	3.06	$16,105
Jun 2002	0	4,316	23.73	3.34	$14,408
May 2002	0	2,216	24.66	3.58	$7,942
Apr 2002	0	1,769	23.65	3.51	$6,213
Mar 2002	0	3,530	22.00	3.10	$10,953
Feb 2002	0	4,325	18.22	2.38	$10,275
Jan 2002	0	4,340	17.17	2.38	$10,310
Dec 2001	0	4,112	16.93	2.36	$9,722
Nov 2001	0	5,699	18.07	2.41	$13,709
Oct 2001	0	6,570	19.78	2.53	$16,615
Sep 2001	0	4,194	24.26	2.25	$9,442
Aug 2001	0	4,481	24.87	3.05	$13,681
Jul 2001	0	3,225	23.93	3.20	$10,311
Jun 2001	0	2,218	24.56	3.82	$8,482
May 2001	101	2,420	25.52	4.31	$13,001
Apr 2001	0	2,546	24.68	5.34	$13,584
Mar 2001	0	2,644	24.54	5.38	$14,215
Feb 2001	0	2,489	27.75	5.77	$14,354
Jan 2001	0	3,299	27.47	8.40	$27,708
Dec 2000	1	4,957	26.88	9.12	$45,247
Nov 2000	0	4,030	32.21	5.66	$22,802
Oct 2000	0	2,985	31.23	5.15	$15,359
Sep 2000	1	4,241	31.87	5.19	$22,028
Aug 2000	1	4,270	29.64	4.54	$19,419
Jul 2000	1	4,588	28.53	4.09	$18,792
Jun 2000	1	4,733	29.30	4.40	$20,841
May 2000	0	3,772	27.26	3.68	$13,880
Apr 2000	122	4,803	24.51	3.12	$17,956
Mar 2000	0	5,895	28.42	2.86	$16,858
Feb 2000	0	3,201	27.62	2.73	$8,728
Jan 2000	0	4,711	25.27	2.48	$11,686
Dec 1999	0	4,197	24.28	2.42	$10,172
Nov 1999	1	4,046	23.19	2.43	$9,871
Oct 1999	3	4,977	20.98	2.80	$14,017
Sep 1999	0	3,414	21.75	2.62	$8,941
Aug 1999	28	4,505	19.26	2.88	$13,494
Jul 1999	2	5,188	17.89	2.37	$12,344
Jun 1999	0	4,582	15.94	2.36	$10,823
May 1999	84	5,303	15.79	2.32	$13,635
Apr 1999	0	4,027	15.10	2.21	$8,892
Mar 1999	2	5,160	12.47	1.84	$9,511
Feb 1999	0	3,129	9.98	1.82	$5,688
Jan 1999	83	3,835	10.38	1.90	$8,148
Dec 1998	0	4,418	9.20	1.77	$7,835
Nov 1998	0	4,102	10.89	2.19	$8,966
Oct 1998	0	5,885	12.42	1.97	$11,589
Sep 1998	1	7,457	12.59	2.08	$15,543
Aug 1998	1	6,762	11.30	1.91	$12,909
Jul 1998	152	7,025	11.74	2.24	$17,501
Jun 1998	1	6,660	11.24	2.24	$14,911
May 1998	2	7,510	12.62	2.21	$16,595
Apr 1998	1	7,402	13.04	2.51	$18,557
Mar 1998	1	6,827	12.80	2.31	$15,779
Feb 1998	2	7,425	13.95	2.30	$17,099
Jan 1998	2	8,334	14.70	2.15	$17,987
Dec 1997	1	5,368	16.32	2.41	$12,959
Nov 1997	183	5,642	18.19	3.09	$20,753
Oct 1997	1	7,290	19.25	3.15	$22,981
Sep 1997	1	7,602	17.74	2.95	$22,481
Aug 1997	2	8,110	17.86	2.55	$20,755
Jul 1997	0	9,745	17.58	2.25	$21,896
Jun 1997	1	13,005	17.24	2.26	$29,372
May 1997	2	6,926	18.97	2.31	$16,027
Apr 1997	1	4,739	17.88	2.08	$9,888
Mar 1997	144	10,251	18.95	1.94	$22,607
Feb 1997	0	9,445	20.49	2.21	$20,835
Jan 1997	0	12,493	23.48	3.54	$44,221
Dec 1996	0	17,711	23.32	—	$0
Nov 1996	120	4,773	21.97	—	$2,636
Oct 1996	0	8,449	23.31	—	$0
Sep 1996	0	14,176	22.22	—	$0
Aug 1996	156	14,029	20.26	—	$3,161
Jul 1996	0	6,071	19.55	—	$0
Jun 1996	0	6,512	18.73	—	$0
May 1996	2	11,328	19.43	—	$39
Apr 1996	6	13,027	21.51	—	$129
Mar 1996	160	10,529	19.38	—	$3,101
Feb 1996	1	9,023	16.98	—	$17
Jan 1996	51	12,745	17.07	—	$871
Dec 1995	1	10,802	17.19	—	$17
Nov 1995	0	15,710	16.00	—	$0
Oct 1995	174	18,226	15.43	—	$2,685
Sep 1995	2	20,343	16.18	—	$32
Aug 1995	178	27,644	15.92	—	$2,834
Jul 1995	4	43,343	15.24	—	$61
Jun 1995	6	21,697	16.41	—	$98

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.

Jun 2020 — as filed, then multipliedworked

Condensate             0 bbl  × $ 34.90 =         $0
Gas                  140 Mcf  × $  1.69 =       $237

────────────────────────────────────────────────────
Month total                                     $237

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. 05/G/155872 is the state's own key, not one this site invented.