SWAIN, O. L. 11

Operated by BASA RESOURCES, INC. (P-5 53974) in the VAN field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2088District 05Field 93042001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$42.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.5 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 130 leases and 710 wells, and the rule below applies to all of them.

Discovered
1929-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 7 acres. The field rule took effect on 1989-03-13.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: AMENDED RULES ESTABLISH NO TOLERANCE ACRES & 1300' DIAG. LIMIT

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA5none

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.

StreamBasisVolumeValue
OilDisposition901,760 bbl$40,801,587
Casinghead gasProduction623,864 Mcf$1,992,810
Total$42,794,397

151,443 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 (12)

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 32.5478, -95.6236. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.54792, -95.62374 · 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
41.7%
5 of 12 wells
With a plug date
25.0%
3 of 12 wells
Median depth
2,950 ft
11 wells filed one
Completion to plug
18.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
541.7%
A plug date is filed
325.0%
BothOn the schedule and plugged. Neither fact cancels the other.
325.0%
NeitherNo plug date, and not on the schedule.
758.3%

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, 11 of 12 wells. Median 2,950 ft, with the middle half between 2,912 and 2,999 ft; the shallowest is 2,800 ft and the deepest 3,093 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, 12 of 12 wells, Sep 1978 – Aug 2002. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1978 – Aug 2002
12 of 12 wells
Plug dates filed
Dec 2013 – Sep 2019
3 of 12 wells; 9 filed none

Last completion to plug: a median of 18.3 years across the 3 wells that filed both dates, with the middle half between 15.4 years and 21.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-4670051572,997 ftAug 2002Yes
42-46730963232,900 ftJun 2001Dec 2013Yes
42-4670051642,924 ftJun 2001Sep 2019Yes
42-46730824183,093 ftDec 1994Oct 2018Yes
42-46730903223,000 ftDec 1993
42-46730751172,950 ftAug 1989
42-46730697143,055 ftDec 1988
42-46730669132,800 ftFeb 1988
42-46730624112,930 ftAug 1985
42-4673003892,828 ftSep 1978Yes
42-467005172Sep 1978
42-46730401102,950 ftSep 1978

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 20261,598616106.413.05$171,919
Apr 20261,69255198.932.87$168,971
Mar 20261,90649489.753.15$172,619
Feb 20261,70135563.503.75$109,345
Jan 20261,98638559.138.00$120,511
Dec 20251,74839956.664.41$100,803
Nov 20251,74939058.593.93$104,005
Oct 20251,93238259.383.30$115,985
Sep 20251,75539562.743.08$111,324
Aug 20251,86545263.933.01$120,592
Jul 20251,72540466.743.32$116,466
Jun 20251,52067966.483.13$103,174
May 20251,66765560.553.23$103,054
Apr 20251,36071062.363.54$87,325
Mar 20251,49866567.704.27$104,253
Feb 20251,48663270.884.34$108,071
Jan 20251,64264974.324.28$124,810
Dec 20241,74273868.993.12$122,484
Nov 20241,56652069.052.20$109,275
Oct 20241,48523171.372.28$106,511
Sep 20241,53379069.612.36$108,580
Aug 20241,54180775.632.06$118,211
Jul 20241,72688479.932.15$139,857
Jun 20241,39489778.082.63$111,206
May 20241,5111,02778.812.20$121,340
Apr 20241,6661,03684.451.66$142,413
Mar 20241,6061,05680.301.55$130,593
Feb 20241,49584176.091.78$115,255
Jan 20241,4521,07473.023.30$109,567
Dec 20231,8031,07971.262.61$131,299
Nov 20231,6281,14277.892.81$130,011
Oct 20231,6901,09385.443.09$147,768
Sep 20231,659089.042.74$147,717
Aug 20231,6181,05380.522.67$133,096
Jul 20231,8111,09074.852.64$138,433
Jun 20231,6541,04968.962.26$116,429
May 20231,8831,04470.622.23$135,303
Apr 20231,4631,14578.122.24$116,852
Mar 20231,6221,21872.852.39$121,078
Feb 20231,36186675.112.47$104,360
Jan 20231,8541,70376.533.39$147,656
Dec 20221,6991,29576.415.73$137,240
Nov 20221,5421,96785.005.65$142,176
Oct 20221,6032,08087.185.86$151,946
Sep 20221,5601,44784.888.16$144,226
Aug 20221,6151,76394.529.13$168,741
Jul 20221,8161,788101.587.54$197,955
Jun 20222,0531,643115.097.98$249,386
May 20221,5681,707109.378.43$185,887
Apr 20221,6771,850104.226.84$187,427
Mar 20221,8412,053108.885.08$210,870
Feb 20221,7071,57291.054.86$163,060
Jan 20222,0891,80381.844.54$179,145
Dec 20211,6751,98471.323.90$127,197
Nov 20211,5611,64277.435.24$129,467
Oct 20211,6801,71879.795.71$143,864
Sep 20211,7571,54769.865.35$131,022
Aug 20211,5591,58466.024.22$109,611
Jul 20211,3381,04070.783.98$98,845
Jun 20211,26244969.493.38$89,214
May 20211,34890263.483.02$88,293
Apr 20211,30278160.362.76$80,743
Mar 20211,67579261.302.72$104,829
Feb 202195824557.805.55$56,732
Jan 20219711,07550.412.81$51,969
Dec 20201,26877544.642.68$58,677
Nov 20201,25579538.772.71$50,808
Oct 20201,13484036.972.48$44,006
Sep 20201,13589837.091.99$43,885
Aug 202073142039.982.39$30,227
Jul 202043212638.371.83$16,806
Jun 202042911034.901.69$15,158
May 202051111416.921.81$8,853
Apr 202045113414.751.80$6,894
Mar 20201,04876630.341.86$33,218
Feb 20201,07366849.881.98$54,844
Jan 20201,22680557.252.09$71,875
Dec 20191,35777859.012.30$81,869
Nov 20191,29983455.302.75$74,129
Oct 20191,35389953.472.42$74,519
Sep 20191,32899055.052.66$75,737
Aug 20191,2601,01953.112.30$69,267
Jul 20191,3781,23656.272.46$80,581
Jun 20191,19791852.782.49$65,465
May 20191,3331,05458.482.74$80,842
Apr 20191,33495662.632.75$86,178
Mar 20191,32184056.803.06$77,605
Feb 20191,39484750.852.79$73,250
Jan 20191,46285046.033.23$70,040
Dec 20181,17781946.594.19$58,264
Nov 20181,3811,01352.934.24$77,389
Oct 201860116761.443.40$37,493
Sep 20181,18891959.543.11$73,590
Aug 20181,3191,04959.403.07$81,565
Jul 20181,4111,03765.142.93$94,953
Jun 20181,3211,02060.183.08$82,636
May 20181,3781,06465.382.90$93,180
Apr 20181,2531,07063.842.90$83,095
Mar 20181,5721,38461.222.79$100,095
Feb 20181,34895161.782.77$85,910
Jan 20181,34740262.874.01$86,298
Dec 20171,50052557.272.92$87,439
Nov 20171,41774755.423.12$80,860
Oct 20171,33670149.292.98$67,943
Sep 20171,50472247.523.09$73,699
Aug 20171,49776445.373.00$70,214
Jul 20171,40078643.873.09$63,845
Jun 20171,37676742.493.09$60,834
May 20171,42888845.373.26$67,686
Apr 20171,61096647.933.21$80,270
Mar 20171,8151,10046.772.98$88,170
Feb 20171,55996850.452.95$81,510
Jan 20171,7891,09149.413.42$92,124
Dec 20161,97096648.763.72$99,653
Nov 20161,46769242.492.64$64,163
Oct 20161,83486946.193.09$87,398
Sep 20161,48267441.553.10$63,667
Aug 20161,60952441.442.92$68,209
Jul 201680635641.622.92$34,587
Jun 20161,0371,03845.352.69$49,816
May 20161,3531,11242.521.99$59,744
Apr 20161,7501,36236.561.99$66,692
Mar 20161,7081,44833.011.79$58,979
Feb 20161,04093226.472.06$29,452
Jan 20161,07072127.352.36$30,969
Dec 20151,53461032.362.00$50,861
Nov 20151,62488938.792.17$64,922
Oct 20151,13777243.552.43$51,390
Sep 201582070042.992.76$37,183
Aug 20151,36788640.162.87$57,444
Jul 20151,23792548.152.95$62,286
Jun 20151,08782256.152.88$63,405
May 201584654855.212.96$48,327
Apr 20151,75592549.822.71$89,938
Mar 20152,03499642.892.93$90,161
Feb 20151,45076844.662.98$67,043
Jan 20151,6581,05743.433.10$75,284
Dec 20141,65688254.693.59$93,734
Nov 20141,48094870.464.25$108,312
Oct 20141,94750378.303.90$154,412
Sep 20141,9561,26886.164.05$173,659
Aug 20141,6521,24689.394.04$152,700
Jul 20141,7461,41096.564.18$174,487
Jun 20141,7931,50398.164.74$183,120
May 20141,9931,34194.734.73$195,135
Apr 20142,0881,31095.944.81$206,623
Mar 20141,8771,21695.895.06$186,135
Feb 20141,8391,17297.406.19$186,376
Jan 20141,8601,08590.404.86$173,418
Dec 20131,9601,25991.824.35$185,449
Nov 20131,0901,18188.853.74$101,261
Oct 20131,0401,08197.423.78$105,402
Sep 20131,3971,225104.113.72$149,996
Aug 20131,8121,517104.253.52$194,245
Jul 20131,5311,449102.523.72$162,345
Jun 20131,6901,23194.403.93$164,378
May 20131,9271,13594.834.15$187,447
Apr 20131,5601,06693.964.28$151,143
Mar 201377772193.623.91$75,564
Feb 201394967191.233.42$88,872
Jan 20131,31477191.603.42$122,999
Dec 201236775686.773.42$34,430
Nov 20121,71481286.953.62$151,976
Oct 20121,99983689.383.40$181,513
Sep 20121,68588594.672.92$162,102
Aug 20121,6611,21792.662.91$157,447
Jul 20121,7171,42685.133.02$150,476
Jun 20121,72198379.822.52$139,846
May 20121,8621,01091.612.49$173,091
Apr 20121,253813101.652.00$128,991
Mar 20122,0241,097105.052.22$215,059
Feb 20121,474942101.102.57$151,443
Jan 20121,7981,22798.092.73$179,721
Dec 20111,6161,16596.873.24$160,316
Nov 20111,51777595.723.31$147,773
Oct 20111,04070384.983.65$90,944
Sep 20111,67495783.623.99$143,794
Aug 20112,0171,08883.404.15$172,732
Jul 20111,64095994.144.52$158,722
Jun 20111,4861,11292.904.64$143,209
May 20111,2121,24298.134.40$124,404
Apr 20111,2141,291105.964.33$134,230
Mar 20111,6171,63996.364.06$162,464
Feb 20111,6251,69685.644.18$146,254
Jan 20112,0431,80086.504.59$184,979
Dec 20101,8221,61085.734.35$163,200
Nov 20102,0671,70680.843.80$173,571
Oct 20102,2771,76578.103.51$184,027
Sep 20102,2701,43472.633.98$170,577
Aug 20102,2181,64073.684.42$170,670
Jul 20102,2921,32072.554.74$172,537
Jun 20102,1641,37670.364.91$159,016
May 20102,1671,29071.124.24$159,580
Apr 20101,75295781.694.12$147,066
Mar 20102,1221,15278.394.39$171,399
Feb 20101,9081,12373.585.44$146,502
Jan 20101,9301,18474.365.96$150,576
Dec 20091,1031,06471.445.48$84,633
Nov 20091,5111,00474.593.75$116,472
Oct 20092,4801,43072.544.11$185,777
Sep 20092,4711,41165.543.06$166,274
Aug 20092,6222,05767.423.22$183,396
Jul 20092,5961,80661.133.46$164,950
Jun 20092,3291,68066.163.90$160,630
May 20092,3231,45654.743.93$132,877
Apr 20092,2721,41746.773.59$111,345
Mar 20091,48993342.144.06$66,534
Feb 20091,08848132.814.63$37,926
Jan 20091,55051735.865.37$58,360
Dec 20081,42883137.105.98$57,946
Nov 20081,9341,10055.496.86$114,864
Oct 20081,9761,27775.246.92$157,514
Sep 20082,1701,474101.767.88$232,430
Aug 20082,1911,682114.228.48$264,524
Jul 20082,3521,380131.0811.39$324,018
Jun 20082,390891131.3313.03$325,491
May 20082,1811,313123.1711.57$283,831
Apr 20082,3801,056110.3110.45$273,578
Mar 20082,4831,063101.909.66$263,291
Feb 20082,21277892.538.77$211,500
Jan 20082,4631,17690.388.21$232,256
Dec 20072,0251,24788.337.30$187,974
Nov 20072,4151,32991.677.29$231,074
Oct 20072,5361,27882.856.92$218,954
Sep 20072,4521,36075.846.24$194,452
Aug 20072,5481,57069.066.39$185,994
Jul 20072,5281,12170.906.39$186,396
Jun 20072,6751,39062.007.55$176,342
May 20072,6721,68158.747.85$170,143
Apr 20072,1321,40759.617.81$138,070
Mar 20072,6401,83456.927.30$163,661
Feb 20072,2801,78355.108.22$140,277
Jan 20072,5231,89850.306.73$139,674
Dec 20062,2543,27656.656.92$150,354
Nov 20062,0553,92854.207.62$141,302
Oct 20062,0043,34754.906.01$130,148
Sep 20062,859060.085.04$171,769
Aug 20062,78830668.717.34$193,810
Jul 20062,86144469.376.34$201,284
Jun 20063,04862666.286.38$206,018
May 20062,20255166.016.42$148,894
Apr 20062,14450364.397.36$141,754
Mar 20062,07177556.707.08$122,915
Feb 20062,7731,24457.597.75$169,339
Jan 20063,2331,23760.598.93$206,938
Dec 20053,6751,21954.9413.42$218,258
Nov 20053,7001,15654.6910.59$214,593
Oct 20053,1541,21058.3413.80$200,697
Sep 20053,1141,05761.4512.08$204,123
Aug 20053,8071,25961.519.80$246,503
Jul 20054,2611,43555.697.84$248,551
Jun 20054,4171,54552.337.38$242,545
May 20053,8091,47245.226.65$182,033
Apr 20052,3061,31749.207.36$123,149
Mar 20052,3661,30950.377.15$128,541
Feb 20052,0021,10545.226.31$97,505
Jan 20051,9861,08943.166.32$92,601
Dec 20041,7891,11739.866.75$78,851
Nov 20041,7341,50145.286.33$88,017
Oct 20042,3521,84149.706.52$128,889
Sep 20042,3512,50143.245.28$114,872
Aug 20042,3031,40342.375.55$105,366
Jul 20042,3541,77838.286.08$100,929
Jun 20042,3211,66636.106.43$94,506
May 20042,5921,74937.486.49$108,507
Apr 20042,5511,64934.475.86$97,594
Mar 20042,0671,42734.365.53$78,914
Feb 20041,88488432.455.51$66,006
Jan 20042,3391,45532.036.30$84,084
Dec 20031,9261,55330.266.30$68,067
Nov 20031,9571,62228.804.60$63,815
Oct 20032,1731,90428.174.76$70,276
Sep 20032,2301,58426.314.75$66,194
Aug 20032,3611,39229.765.13$77,404
Jul 20032,3451,73729.415.17$77,948
Jun 20032,4561,58728.565.98$79,638
May 20032,6921,63626.595.97$81,352
Apr 20032,7591,94226.675.41$84,083
Mar 20032,5292,10731.146.10$91,597
Feb 20031,9771,79633.487.93$80,425
Jan 20032,4172,70930.315.58$88,381
Dec 20022,8912,57226.914.85$90,281
Nov 20022,9462,15524.664.14$81,564
Oct 20023,2222,20526.464.23$94,579
Sep 20023,2701,23927.443.64$94,233
Aug 20022,8801,30725.963.16$78,900
Jul 20022,4031,13624.583.06$62,544
Jun 20022,2661,48023.733.34$58,713
May 20022,7111,47024.663.58$72,122
Apr 20023,1611,80623.653.51$81,101
Mar 20023,3131,51522.003.10$77,587
Feb 20023,1731,88818.222.38$62,297
Jan 20024,0763,03817.172.38$77,202
Dec 20014,6365,87216.932.36$92,371
Nov 20014,3734,01418.072.41$88,676
Oct 20015,6444,67919.782.53$123,471
Sep 20012,23169024.262.25$55,677
Aug 20012,01267124.873.05$52,087
Jul 20011,92097523.933.20$49,063
Jun 20012,1511,76524.563.82$59,578
May 20011,9881,39825.524.31$56,755
Apr 20012,4631,27124.685.34$67,568
Mar 20012,3101,09024.545.38$62,548
Feb 20011,84772827.755.77$55,453
Jan 20012,12885627.478.40$65,646
Dec 20001,96192526.889.12$61,150
Nov 20002,2781,19332.215.66$80,124
Oct 20002,5691,68231.235.15$88,885
Sep 20002,4892,00231.875.19$89,708
Aug 20002,4782,25429.644.54$83,683
Jul 20002,5552,30628.534.09$82,325
Jun 20002,5021,74929.304.40$80,999
May 20002,6691,58727.263.68$78,597
Apr 20002,7151,52024.513.12$71,281
Mar 20002,6961,69728.422.86$81,473
Feb 20002,5331,47027.622.73$73,969
Jan 20002,8071,77225.272.48$75,328
Dec 19992,9161,53724.282.42$74,526
Nov 19992,8012,46023.192.43$70,943
Oct 19992,8702,50920.982.80$67,247
Sep 19992,7892,57421.752.62$67,402
Aug 19992,9402,53119.262.88$63,903
Jul 19993,0692,49317.892.37$60,819
Jun 19993,0672,72815.942.36$55,332
May 19993,1213,36315.792.32$57,086
Apr 19993,0262,63415.102.21$51,509
Mar 19993,1942,12812.471.84$43,741
Feb 19992,8682,1349.981.82$32,502
Jan 19992,9012,17710.381.90$34,249
Dec 19983,2332,2749.201.77$33,776
Nov 19983,1462,51410.892.19$39,755
Oct 19983,07197812.421.97$40,068
Sep 19982,8991,40912.592.08$39,433
Aug 19983,0651,68411.301.91$37,846
Jul 19983,11292311.742.24$38,600
Jun 19982,7511,73911.242.24$34,812
May 19983,2012,15212.622.21$45,145
Apr 19983,0053,81113.042.51$48,733
Mar 19983,0512,80412.802.31$45,528
Feb 19982,8535,55613.952.30$52,573
Jan 19983,2103,48614.702.15$54,699
Dec 19973,3514,20316.322.41$64,822
Nov 19973,1033,49118.193.09$67,225
Oct 19973,4283,73719.253.15$77,760
Sep 19973,4203,57717.742.95$71,240
Aug 19973,8672,70217.862.55$75,968
Jul 19973,7322,92817.582.25$72,188
Jun 19973,7381,43417.242.26$67,680
May 19974,4551,62118.972.31$88,253
Apr 19974,5233,31817.882.08$87,782
Mar 19974,6083,11218.951.94$93,356
Feb 19973,2741,73820.492.21$70,918
Jan 19973,6301,57423.483.54$90,804
Dec 19963,88979623.32$90,691
Nov 19963,4761,60821.97$76,368
Oct 19963,6622,37523.31$85,361
Sep 19963,8053,33422.22$84,547
Aug 19964,0432,74620.26$81,911
Jul 19963,8502,64719.55$75,268
Jun 19963,5062,34318.73$65,667
May 19963,6851,48119.43$71,600
Apr 19963,4851,90521.51$74,962
Mar 19963,2002,84119.38$62,016
Feb 19963,5663,80916.98$60,551
Jan 19963,1103,10117.07$53,088
Dec 19952,9284,01417.19$50,332
Nov 19953,4014,02016.00$54,416
Oct 19952,8923,34815.43$44,624
Sep 19953,4034,12116.18$55,061
Aug 19953,7144,26815.92$59,127
Jul 19953,9003,90515.24$59,436
Jun 19954,2816,39016.41$70,251
May 19954,1157,20317.56$72,259
Apr 19954,5121,67817.73$79,998
Mar 19954,9525,14816.44$81,411
Feb 19954,2893,38016.58$71,112
Jan 19954,1663,28215.92$66,323
Dec 19943,0723,75115.03$46,172
Nov 19943,3892,08615.90$53,885
Oct 19944,0033,38215.58$62,367
Sep 19943,4362,54315.29$52,536
Aug 19943,7393,33716.13$60,310
Jul 19944,5722,48917.56$80,284
Jun 19944,3204,72517.09$73,829
May 19944,3103,15115.88$68,443
Apr 19943,8442,88614.14$54,354
Mar 19943,9302,47812.46$48,968
Feb 19944,0433,15412.50$50,538
Jan 19944,4303,49412.66$56,084
Dec 19933,6113,50512.33$44,524
Nov 19933,2442,56814.49$47,006
Oct 19933,3382,16615.85$52,907
Sep 19933,2922,71515.03$49,479
Aug 19932,3942,87315.66$37,490
Jul 19933,1983,60015.46$49,441
Jun 19933,9903,27216.79$66,992
May 19934,3272,74017.68$76,501
Apr 19934,0643,00418.05$73,355
Mar 19934,0992,70718.14$74,356
Feb 19933,7961,96117.90$67,948
Jan 19933,9073,11316.93$66,146

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                1,598 bbl  × $106.41 =   $170,043
Casinghead gas       616 Mcf  × $  3.05 =     $1,876

────────────────────────────────────────────────────
Month total                                 $171,919

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/O/2088 is the state's own key, not one this site invented.