LAKE CHEROKEE GAS UNIT NO. 1

Name: LAKE CHEROKEE GAS UNIT NO. 1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VERADO ENERGY, INC. (P-5 884563) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 110439District 06Field 66461275NGPA filingCondensateGasSave Export

Value, all time

$3.9 M

Jan 1993 – Oct 2020

Value, last 12 filed months

$22 k

at the published price for each month

Months reported

334

no gaps in the span

Streams

condensate, gas

The OAK HILL (COTTON VALLEY) 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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered

1976-11-17

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

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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
Condensate	Disposition	4,301 bbl	$119,916
Gas	Production	1,244,344 Mcf	$3,813,533
Total			$3,933,449

226,318 Mcf of this lease's gas, across 44 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 32.3728, -94.6299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37277, -94.62988 · 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

10,662 ft

1 wells filed one

Completion to plug

22.3 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 10,662 ft.

Completions filed

Jul 1998

1 of 1 wells

Plug dates filed

Oct 2020

1 of 1 wells

Last completion to plug: a median of 22.3 years across the 1 well that filed both dates, with the middle half between 22.3 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18330609	1	10,662 ft	Jul 1998	Oct 2020	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 (334)

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

334 months


Oct 2020	0	831	36.97	2.48	$2,060
Sep 2020	6	1,768	37.09	1.99	$3,743
Aug 2020	0	434	39.98	2.39	$1,035
Jul 2020	0	435	38.37	1.83	$794
Jun 2020	0	599	34.90	1.69	$1,013
May 2020	0	531	16.92	1.81	$964
Apr 2020	0	591	14.75	1.80	$1,066
Mar 2020	0	1,435	30.34	1.86	$2,664
Feb 2020	0	1,506	49.88	1.98	$2,983
Jan 2020	0	1,437	57.25	2.09	$3,010
Dec 2019	0	651	59.01	2.30	$1,500
Nov 2019	0	536	55.30	2.75	$1,474
Oct 2019	0	650	53.47	2.42	$1,572
Sep 2019	0	1,341	55.05	2.66	$3,563
Aug 2019	0	1,659	53.11	2.30	$3,823
Jul 2019	3	1,669	56.27	2.46	$4,275
Jun 2019	0	1,564	52.78	2.49	$3,896
May 2019	1	1,486	58.48	2.74	$4,131
Apr 2019	16	1,354	62.63	2.75	$4,727
Mar 2019	0	1,860	56.80	3.06	$5,696
Feb 2019	0	1,598	50.85	2.79	$4,462
Jan 2019	0	1,990	46.03	3.23	$6,424
Dec 2018	0	2,117	46.59	4.19	$8,861
Nov 2018	0	1,821	52.93	4.24	$7,716
Oct 2018	0	2,208	61.44	3.40	$7,503
Sep 2018	0	1,715	59.54	3.11	$5,330
Aug 2018	12	1,787	59.40	3.07	$6,193
Jul 2018	0	1,089	65.14	2.93	$3,193
Jun 2018	1	1,128	60.18	3.08	$3,531
May 2018	0	973	65.38	2.90	$2,822
Apr 2018	0	1,084	63.84	2.90	$3,144
Mar 2018	16	1,715	61.22	2.79	$5,759
Feb 2018	0	1,668	61.78	2.77	$4,614
Jan 2018	0	1,744	62.87	4.01	$6,992
Dec 2017	0	2,256	57.27	2.92	$6,591
Nov 2017	1	2,112	55.42	3.12	$6,641
Oct 2017	1	2,432	49.29	2.98	$7,306
Sep 2017	1	2,405	47.52	3.09	$7,472
Aug 2017	1	2,727	45.37	3.00	$8,238
Jul 2017	1	2,073	43.87	3.09	$6,444
Jun 2017	0	2,481	42.49	3.09	$7,660
May 2017	0	2,726	45.37	3.26	$8,896
Apr 2017	1	2,380	47.93	3.21	$7,692
Mar 2017	16	2,996	46.77	2.98	$9,687
Feb 2017	1	2,407	50.45	2.95	$7,157
Jan 2017	0	2,596	49.41	3.42	$8,875
Dec 2016	0	1,754	48.76	3.72	$6,530
Nov 2016	0	2,179	42.49	2.64	$5,762
Oct 2016	1	2,344	46.19	3.09	$7,290
Sep 2016	1	2,459	41.55	3.10	$7,666
Aug 2016	0	2,746	41.44	2.92	$8,030
Jul 2016	1	2,746	41.62	2.92	$8,072
Jun 2016	1	2,455	45.35	2.69	$6,639
May 2016	0	2,428	42.52	1.99	$4,834
Apr 2016	1	2,362	36.56	1.99	$4,739
Mar 2016	0	2,105	33.01	1.79	$3,776
Feb 2016	22	2,394	26.47	2.06	$5,523
Jan 2016	0	2,057	27.35	2.36	$4,863
Dec 2015	0	1,500	32.36	2.00	$3,002
Nov 2015	0	1,505	38.79	2.17	$3,262
Oct 2015	0	1,853	43.55	2.43	$4,496
Sep 2015	0	1,769	42.99	2.76	$4,880
Aug 2015	2	2,217	40.16	2.87	$6,449
Jul 2015	1	2,316	48.15	2.95	$6,869
Jun 2015	0	2,212	56.15	2.88	$6,377
May 2015	1	2,405	55.21	2.96	$7,163
Apr 2015	21	2,298	49.82	2.71	$7,266
Mar 2015	0	2,007	42.89	2.93	$5,890
Feb 2015	1	1,853	44.66	2.98	$5,560
Jan 2015	0	2,056	43.43	3.10	$6,375
Dec 2014	1	2,248	54.69	3.59	$8,128
Nov 2014	0	1,967	70.46	4.25	$8,363
Oct 2014	0	2,273	78.30	3.90	$8,867
Sep 2014	1	2,303	86.16	4.05	$9,403
Aug 2014	1	2,507	89.39	4.04	$10,205
Jul 2014	1	2,761	96.56	4.18	$11,636
Jun 2014	1	2,424	98.16	4.74	$11,580
May 2014	0	2,386	94.73	4.73	$11,278
Apr 2014	14	2,174	95.94	4.81	$11,798
Mar 2014	1	2,544	95.89	5.06	$12,960
Feb 2014	1	3,179	97.40	6.19	$19,782
Jan 2014	21	3,183	90.40	4.86	$17,370
Dec 2013	1	3,318	91.82	4.35	$14,540
Nov 2013	0	2,786	88.85	3.74	$10,415
Oct 2013	1	3,241	97.42	3.78	$12,346
Sep 2013	20	2,839	104.11	3.72	$12,637
Aug 2013	0	2,661	104.25	3.52	$9,374
Jul 2013	1	3,016	102.52	3.72	$11,315
Jun 2013	1	3,120	94.40	3.93	$12,367
May 2013	14	2,744	94.83	4.15	$12,713
Apr 2013	2	2,199	93.96	4.28	$9,605
Mar 2013	12	1,847	93.62	3.91	$8,351
Feb 2013	0	917	91.23	3.42	$3,136
Jan 2013	0	1,261	91.60	3.42	$4,313
Dec 2012	6	803	86.77	3.42	$3,267
Nov 2012	0	1,057	86.95	3.62	$3,832
Oct 2012	0	980	89.38	3.40	$3,332
Sep 2012	7	1,049	94.67	2.92	$3,724
Aug 2012	0	1,106	92.66	2.91	$3,216
Jul 2012	0	1,121	85.13	3.02	$3,386
Jun 2012	1	1,096	79.82	2.52	$2,841
May 2012	0	1,154	91.61	2.49	$2,872
Apr 2012	0	1,330	101.65	2.00	$2,656
Mar 2012	0	1,056	105.05	2.22	$2,347
Feb 2012	9	1,325	101.10	2.57	$4,315
Jan 2012	0	851	98.09	2.73	$2,327
Dec 2011	0	1,363	96.87	3.24	$4,416
Nov 2011	0	1,274	95.72	3.31	$4,219
Oct 2011	0	1,467	84.98	3.65	$5,352
Sep 2011	9	1,367	83.62	3.99	$6,201
Aug 2011	0	1,530	83.40	4.15	$6,348
Jul 2011	1	1,275	94.14	4.52	$5,854
Jun 2011	1	1,595	92.90	4.64	$7,494
May 2011	11	1,937	98.13	4.40	$9,612
Apr 2011	0	1,432	105.96	4.33	$6,205
Mar 2011	0	1,845	96.36	4.06	$7,486
Feb 2011	0	1,490	85.64	4.18	$6,228
Jan 2011	11	1,826	86.50	4.59	$9,331
Dec 2010	1	1,883	85.73	4.35	$8,273
Nov 2010	0	1,573	80.84	3.80	$5,970
Oct 2010	1	3,134	78.10	3.51	$11,075
Sep 2010	1	2,250	72.63	3.98	$9,026
Aug 2010	0	1,855	73.68	4.42	$8,198
Jul 2010	0	2,179	72.55	4.74	$10,321
Jun 2010	0	2,133	70.36	4.91	$10,474
May 2010	4	1,022	71.12	4.24	$4,613
Apr 2010	0	825	81.69	4.12	$3,401
Mar 2010	6	1,139	78.39	4.39	$5,469
Feb 2010	0	812	73.58	5.44	$4,419
Jan 2010	6	1,188	74.36	5.96	$7,532
Dec 2009	4	730	71.44	5.48	$4,289
Nov 2009	4	689	74.59	3.75	$2,883
Oct 2009	0	1,241	72.54	4.11	$5,101
Sep 2009	4	1,138	65.54	3.06	$3,750
Aug 2009	0	717	67.42	3.22	$2,308
Jul 2009	0	546	61.13	3.46	$1,892
Jun 2009	6	1,001	66.16	3.90	$4,296
May 2009	3	984	54.74	3.93	$4,027
Apr 2009	5	1,599	46.77	3.59	$5,970
Mar 2009	0	1,831	42.14	4.06	$7,432
Feb 2009	3	1,009	32.81	4.63	$4,773
Jan 2009	6	1,747	35.86	5.37	$9,598
Dec 2008	8	2,337	37.10	5.98	$14,265
Nov 2008	0	2,820	55.49	6.86	$19,346
Oct 2008	11	3,720	75.24	6.92	$26,577
Sep 2008	8	2,752	101.76	7.88	$22,492
Aug 2008	5	2,403	114.22	8.48	$20,956
Jul 2008	0	1,764	131.08	11.39	$20,091
Jun 2008	1	2,871	131.33	13.03	$37,548
May 2008	3	1,421	123.17	11.57	$16,817
Apr 2008	4	1,800	110.31	10.45	$19,260
Mar 2008	5	1,403	101.90	9.66	$14,068
Feb 2008	3	499	92.53	8.77	$4,654
Jan 2008	8	1,395	90.38	8.21	$12,170
Dec 2007	6	2,209	88.33	7.30	$16,660
Nov 2007	5	2,176	91.67	7.29	$16,325
Oct 2007	14	2,528	82.85	6.92	$18,659
Sep 2007	1	1,657	75.84	6.24	$10,422
Aug 2007	11	1,621	69.06	6.39	$11,115
Jul 2007	0	1,836	70.90	6.39	$11,728
Jun 2007	8	2,428	62.00	7.55	$18,824
May 2007	9	2,967	58.74	7.85	$23,809
Apr 2007	9	3,057	59.61	7.81	$24,397
Mar 2007	40	2,966	56.92	7.30	$23,934
Feb 2007	22	3,354	55.10	8.22	$28,769
Jan 2007	17	4,871	50.30	6.73	$33,622
Dec 2006	14	3,644	56.65	6.92	$26,004
Nov 2006	22	3,207	54.20	7.62	$25,622
Oct 2006	11	3,742	54.90	6.01	$23,108
Sep 2006	12	3,355	60.08	5.04	$17,621
Aug 2006	10	2,027	68.71	7.34	$15,565
Jul 2006	8	3,845	69.37	6.34	$24,943
Jun 2006	20	2,582	66.28	6.38	$17,809
May 2006	20	1,882	66.01	6.42	$13,412
Apr 2006	30	1,098	64.39	7.36	$10,014
Mar 2006	25	2,299	56.70	7.08	$17,701
Feb 2006	15	2,292	57.59	7.75	$18,629
Jan 2006	5	2,665	60.59	8.93	$24,110
Dec 2005	6	2,448	54.94	13.42	$33,171
Nov 2005	16	3,201	54.69	10.59	$34,769
Oct 2005	0	1,513	58.34	13.80	$20,873
Sep 2005	3	1,339	61.45	12.08	$16,358
Aug 2005	3	1,893	61.51	9.80	$18,730
Jul 2005	2	650	55.69	7.84	$5,210
Jun 2005	0	1,188	52.33	7.38	$8,769
May 2005	5	1,520	45.22	6.65	$10,336
Apr 2005	12	2,184	49.20	7.36	$16,666
Mar 2005	0	3,660	50.37	7.15	$26,187
Feb 2005	20	2,180	45.22	6.31	$14,664
Jan 2005	0	568	43.16	6.32	$3,591
Dec 2004	0	52	39.86	6.75	$351
Nov 2004	0	1,784	45.28	6.33	$11,293
Oct 2004	9	2,462	49.70	6.52	$16,487
Sep 2004	0	2,377	43.24	5.28	$12,560
Aug 2004	0	2,324	42.37	5.55	$12,900
Jul 2004	0	1,336	38.28	6.08	$8,128
Jun 2004	0	3,166	36.10	6.43	$20,367
May 2004	14	4,556	37.48	6.49	$30,114
Apr 2004	0	5,681	34.47	5.86	$33,282
Mar 2004	44	3,501	34.36	5.53	$20,873
Feb 2004	0	2,207	32.45	5.51	$12,160
Jan 2004	0	3,785	32.03	6.30	$23,844
Dec 2003	46	4,032	30.26	6.30	$26,800
Nov 2003	0	3,298	28.80	4.60	$15,155
Oct 2003	23	3,739	28.17	4.76	$18,444
Sep 2003	0	3,575	26.31	4.75	$16,979
Aug 2003	29	4,610	29.76	5.13	$24,511
Jul 2003	29	3,746	29.41	5.17	$20,223
Jun 2003	0	3,780	28.56	5.98	$22,616
May 2003	0	6,129	26.59	5.97	$36,607
Apr 2003	0	6,508	26.67	5.41	$35,191
Mar 2003	33	5,264	31.14	6.10	$33,117
Feb 2003	0	3,975	33.48	7.93	$31,505
Jan 2003	0	5,515	30.31	5.58	$30,785
Dec 2002	0	5,274	26.91	4.85	$25,599
Nov 2002	0	5,251	24.66	4.14	$21,723
Oct 2002	0	5,674	26.46	4.23	$23,996
Sep 2002	0	5,599	27.44	3.64	$20,353
Aug 2002	51	5,119	25.96	3.16	$17,521
Jul 2002	0	4,867	24.58	3.06	$14,902
Jun 2002	38	4,886	23.73	3.34	$17,212
May 2002	0	6,133	24.66	3.58	$21,981
Apr 2002	4	5,878	23.65	3.51	$20,740
Mar 2002	39	5,260	22.00	3.10	$17,178
Feb 2002	37	5,494	18.22	2.38	$13,726
Jan 2002	0	4,874	17.17	2.38	$11,579
Dec 2001	0	7,026	16.93	2.36	$16,612
Nov 2001	43	5,370	18.07	2.41	$13,695
Oct 2001	44	3,912	19.78	2.53	$10,763
Sep 2001	26	2,726	24.26	2.25	$6,768
Aug 2001	12	3,810	24.87	3.05	$11,931
Jul 2001	0	3,240	23.93	3.20	$10,359
Jun 2001	0	2,942	24.56	3.82	$11,251
May 2001	15	2,301	25.52	4.31	$10,294
Apr 2001	1	2,828	24.68	5.34	$15,113
Mar 2001	27	2,221	24.54	5.38	$12,604
Feb 2001	1	2,492	27.75	5.77	$14,399
Jan 2001	1	3,007	27.47	8.40	$25,283
Dec 2000	49	3,359	26.88	9.12	$31,960
Nov 2000	1	3,437	32.21	5.66	$19,479
Oct 2000	1	3,960	31.23	5.15	$20,407
Sep 2000	1	3,759	31.87	5.19	$19,528
Aug 2000	59	5,227	29.64	4.54	$25,483
Jul 2000	2	4,979	28.53	4.09	$20,420
Jun 2000	24	3,365	29.30	4.40	$15,500
May 2000	1	2,069	27.26	3.68	$7,641
Apr 2000	1	4,619	24.51	3.12	$14,417
Mar 2000	0	5,076	28.42	2.86	$14,516
Feb 2000	23	4,775	27.62	2.73	$13,654
Jan 2000	25	5,479	25.27	2.48	$14,222
Dec 1999	2	5,722	24.28	2.42	$13,917
Nov 1999	0	5,962	23.19	2.43	$14,511
Oct 1999	29	7,363	20.98	2.80	$21,252
Sep 1999	0	7,871	21.75	2.62	$20,613
Aug 1999	56	7,141	19.26	2.88	$21,613
Jul 1999	3	5,768	17.89	2.37	$13,738
Jun 1999	1	5,723	15.94	2.36	$13,534
May 1999	64	8,859	15.79	2.32	$21,572
Apr 1999	14	6,975	15.10	2.21	$15,613
Mar 1999	54	9,144	12.47	1.84	$17,483
Feb 1999	0	8,733	9.98	1.82	$15,875
Jan 1999	71	9,685	10.38	1.90	$19,138
Dec 1998	23	11,926	9.20	1.77	$21,360
Nov 1998	78	14,448	10.89	2.19	$32,429
Oct 1998	91	18,824	12.42	1.97	$38,199
Sep 1998	9	14,131	12.59	2.08	$29,543
Aug 1998	117	13,219	11.30	1.91	$26,535
Jul 1998	22	5,269	11.74	2.24	$12,046
Jun 1998	4	8,368	11.24	2.24	$18,766
May 1998	0	9,434	12.62	2.21	$20,815
Apr 1998	53	9,836	13.04	2.51	$25,334
Mar 1998	0	10,233	12.80	2.31	$23,633
Feb 1998	66	9,587	13.95	2.30	$22,962
Jan 1998	41	10,546	14.70	2.15	$23,327
Dec 1997	39	10,687	16.32	2.41	$26,404
Nov 1997	0	11,727	18.19	3.09	$36,216
Oct 1997	85	12,717	19.25	3.15	$41,693
Sep 1997	102	13,866	17.74	2.95	$42,782
Aug 1997	0	17,064	17.86	2.55	$43,594
Jul 1997	69	20,541	17.58	2.25	$47,367
Jun 1997	37	13,972	17.24	2.26	$32,175
May 1997	36	14,624	18.97	2.31	$34,442
Apr 1997	96	16,029	17.88	2.08	$35,101
Mar 1997	147	17,563	18.95	1.94	$36,843
Feb 1997	98	17,147	20.49	2.21	$39,833
Jan 1997	72	20,758	23.48	3.54	$75,168
Dec 1996	140	19,804	23.32	—	$3,265
Nov 1996	338	28,798	21.97	—	$7,426
Oct 1996	0	126	23.31	—	$0
Sep 1996	0	7,074	22.22	—	$0
Aug 1996	0	1,329	20.26	—	$0
Jul 1996	0	3,146	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	4,469	19.38	—	$0
Feb 1996	0	3,567	16.98	—	$0
Jan 1996	167	8,039	17.07	—	$2,851
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	2,485	16.00	—	$0
Oct 1995	0	3,178	15.43	—	$0
Sep 1995	0	2,832	16.18	—	$0
Aug 1995	0	2,885	15.92	—	$0
Jul 1995	0	3,611	15.24	—	$0
Jun 1995	0	3,774	16.41	—	$0
May 1995	0	4,306	17.56	—	$0
Apr 1995	1	6,092	17.73	—	$18
Mar 1995	0	4,998	16.44	—	$0
Feb 1995	0	4,953	16.58	—	$0
Jan 1995	6	8,788	15.92	—	$96
Dec 1994	174	3,432	15.03	—	$2,615
Nov 1994	0	3,305	15.90	—	$0
Oct 1994	0	3,573	15.58	—	$0
Sep 1994	0	3,348	15.29	—	$0
Aug 1994	0	4,018	16.13	—	$0
Jul 1994	0	3,101	17.56	—	$0
Jun 1994	0	3,571	17.09	—	$0
May 1994	0	4,442	15.88	—	$0
Apr 1994	0	4,830	14.14	—	$0
Mar 1994	1	6,043	12.46	—	$12
Feb 1994	0	5,075	12.50	—	$0
Jan 1994	169	5,462	12.66	—	$2,140
Dec 1993	0	3,404	12.33	—	$0
Nov 1993	0	3,669	14.49	—	$0
Oct 1993	0	4,104	15.85	—	$0
Sep 1993	0	4,288	15.03	—	$0
Aug 1993	0	4,135	15.66	—	$0
Jul 1993	0	5,010	15.46	—	$0
Jun 1993	1	5,031	16.79	—	$17
May 1993	180	4,791	17.68	—	$3,182
Apr 1993	0	4,007	18.05	—	$0
Mar 1993	0	4,485	18.14	—	$0
Feb 1993	0	4,446	17.90	—	$0
Jan 1993	0	4,494	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.

Oct 2020 — as filed, then multipliedworked

Condensate             0 bbl  × $ 36.97 =         $0
Gas                  831 Mcf  × $  2.48 =     $2,060

────────────────────────────────────────────────────
Month total                                   $2,060

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. 06/G/110439 is the state's own key, not one this site invented.