SHEPPARD, BAILEY GU 2

Name: SHEPPARD, BAILEY GU 2 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TGNR EAST TEXAS LLC (P-5 850990) 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 133531District 06Field 664612752 tax incentive programmesGasSave Export

Value, all time

$1.6 M

Jan 1993 – May 2026

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

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
High Cost Gas	1	1	2004-12-19	121908
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
Gas	Production	586,476 Mcf	$1,567,737
Total			$1,567,737

194,266 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 (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 32.3853, -94.5643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38533, -94.56433 · 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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

10,535 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

00.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

1100.0%

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 10,535 ft.

Completions filed

Jan 1990

1 of 1 wells

1 well


42-40132268	2	10,535 ft	Jan 1990	—	—

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 2026	148	106.41	3.05	$451
Apr 2026	143	98.93	2.87	$410
Mar 2026	144	89.75	3.15	$454
Feb 2026	134	63.50	3.75	$503
Jan 2026	147	59.13	8.00	$1,176
Dec 2025	140	56.66	4.41	$618
Nov 2025	136	58.59	3.93	$534
Oct 2025	141	59.38	3.30	$466
Sep 2025	136	62.74	3.08	$418
Aug 2025	139	63.93	3.01	$419
Jul 2025	130	66.74	3.32	$431
Jun 2025	149	66.48	3.13	$466
May 2025	154	60.55	3.23	$498
Apr 2025	152	62.36	3.54	$539
Mar 2025	157	67.70	4.27	$670
Feb 2025	148	70.88	4.34	$642
Jan 2025	148	74.32	4.28	$633
Dec 2024	166	68.99	3.12	$518
Nov 2024	139	69.05	2.20	$306
Oct 2024	101	71.37	2.28	$230
Sep 2024	137	69.61	2.36	$324
Aug 2024	127	75.63	2.06	$262
Jul 2024	94	79.93	2.15	$202
Jun 2024	128	78.08	2.63	$337
May 2024	129	78.81	2.20	$284
Apr 2024	129	84.45	1.66	$214
Mar 2024	137	80.30	1.55	$212
Feb 2024	127	76.09	1.78	$227
Jan 2024	143	73.02	3.30	$472
Dec 2023	145	71.26	2.61	$379
Nov 2023	148	77.89	2.81	$416
Oct 2023	174	85.44	3.09	$537
Sep 2023	172	89.04	2.74	$470
Aug 2023	15	80.52	2.67	$40
Jul 2023	50	74.85	2.64	$132
Jun 2023	89	68.96	2.26	$201
May 2023	96	70.62	2.23	$214
Apr 2023	72	78.12	2.24	$161
Mar 2023	76	72.85	2.39	$182
Feb 2023	81	75.11	2.47	$200
Jan 2023	71	76.53	3.39	$241
Dec 2022	65	76.41	5.73	$372
Nov 2022	81	85.00	5.65	$457
Oct 2022	41	87.18	5.86	$240
Sep 2022	72	84.88	8.16	$588
Aug 2022	35	94.52	9.13	$319
Jul 2022	45	101.58	7.54	$339
Jun 2022	49	115.09	7.98	$391
May 2022	33	109.37	8.43	$278
Apr 2022	48	104.22	6.84	$328
Mar 2022	59	108.88	5.08	$300
Feb 2022	43	91.05	4.86	$209
Jan 2022	31	81.84	4.54	$141
Dec 2021	61	71.32	3.90	$238
Nov 2021	56	77.43	5.24	$293
Oct 2021	59	79.79	5.71	$337
Sep 2021	61	69.86	5.35	$326
Aug 2021	64	66.02	4.22	$270
Jul 2021	66	70.78	3.98	$263
Jun 2021	75	69.49	3.38	$254
May 2021	83	63.48	3.02	$250
Apr 2021	60	60.36	2.76	$166
Mar 2021	62	61.30	2.72	$168
Feb 2021	54	57.80	5.55	$300
Jan 2021	66	50.41	2.81	$185
Dec 2020	65	44.64	2.68	$174
Nov 2020	72	38.77	2.71	$195
Oct 2020	82	36.97	2.48	$203
Sep 2020	73	37.09	1.99	$145
Aug 2020	71	39.98	2.39	$169
Jul 2020	72	38.37	1.83	$131
Jun 2020	62	34.90	1.69	$105
May 2020	83	16.92	1.81	$151
Apr 2020	76	14.75	1.80	$137
Mar 2020	84	30.34	1.86	$156
Feb 2020	74	49.88	1.98	$147
Jan 2020	74	57.25	2.09	$155
Dec 2019	73	59.01	2.30	$168
Nov 2019	71	55.30	2.75	$195
Oct 2019	64	53.47	2.42	$155
Sep 2019	81	55.05	2.66	$215
Aug 2019	93	53.11	2.30	$214
Jul 2019	96	56.27	2.46	$236
Jun 2019	93	52.78	2.49	$232
May 2019	94	58.48	2.74	$258
Apr 2019	94	62.63	2.75	$259
Mar 2019	90	56.80	3.06	$276
Feb 2019	83	50.85	2.79	$232
Jan 2019	83	46.03	3.23	$268
Dec 2018	85	46.59	4.19	$356
Nov 2018	75	52.93	4.24	$318
Oct 2018	121	61.44	3.40	$411
Sep 2018	143	59.54	3.11	$444
Aug 2018	153	59.40	3.07	$469
Jul 2018	134	65.14	2.93	$393
Jun 2018	123	60.18	3.08	$378
May 2018	99	65.38	2.90	$287
Apr 2018	135	63.84	2.90	$392
Mar 2018	145	61.22	2.79	$404
Feb 2018	132	61.78	2.77	$365
Jan 2018	156	62.87	4.01	$625
Dec 2017	154	57.27	2.92	$450
Nov 2017	124	55.42	3.12	$387
Oct 2017	118	49.29	2.98	$352
Sep 2017	109	47.52	3.09	$337
Aug 2017	115	45.37	3.00	$346
Jul 2017	0	43.87	3.09	$0
Jun 2017	0	42.49	3.09	$0
May 2017	19	45.37	3.26	$62
Apr 2017	34	47.93	3.21	$109
Mar 2017	40	46.77	2.98	$119
Feb 2017	39	50.45	2.95	$115
Jan 2017	39	49.41	3.42	$133
Dec 2016	61	48.76	3.72	$227
Nov 2016	55	42.49	2.64	$145
Oct 2016	36	46.19	3.09	$111
Sep 2016	22	41.55	3.10	$68
Aug 2016	27	41.44	2.92	$79
Jul 2016	37	41.62	2.92	$108
Jun 2016	53	45.35	2.69	$142
May 2016	128	42.52	1.99	$255
Apr 2016	85	36.56	1.99	$169
Mar 2016	87	33.01	1.79	$156
Feb 2016	81	26.47	2.06	$167
Jan 2016	95	27.35	2.36	$225
Dec 2015	100	32.36	2.00	$200
Nov 2015	124	38.79	2.17	$269
Oct 2015	608	43.55	2.43	$1,475
Sep 2015	0	42.99	2.76	$0
Aug 2015	0	40.16	2.87	$0
Jul 2015	0	48.15	2.95	$0
Jun 2015	0	56.15	2.88	$0
May 2015	243	55.21	2.96	$718
Apr 2015	270	49.82	2.71	$731
Mar 2015	141	42.89	2.93	$414
Feb 2015	150	44.66	2.98	$446
Jan 2015	216	43.43	3.10	$670
Dec 2014	225	54.69	3.59	$808
Nov 2014	221	70.46	4.25	$940
Oct 2014	235	78.30	3.90	$917
Sep 2014	175	86.16	4.05	$708
Aug 2014	185	89.39	4.04	$747
Jul 2014	176	96.56	4.18	$736
Jun 2014	178	98.16	4.74	$843
May 2014	178	94.73	4.73	$841
Apr 2014	189	95.94	4.81	$909
Mar 2014	157	95.89	5.06	$794
Feb 2014	170	97.40	6.19	$1,053
Jan 2014	188	90.40	4.86	$914
Dec 2013	197	91.82	4.35	$858
Nov 2013	181	88.85	3.74	$677
Oct 2013	194	97.42	3.78	$733
Sep 2013	196	104.11	3.72	$729
Aug 2013	195	104.25	3.52	$687
Jul 2013	201	102.52	3.72	$747
Jun 2013	190	94.40	3.93	$747
May 2013	240	94.83	4.15	$996
Apr 2013	370	93.96	4.28	$1,585
Mar 2013	288	93.62	3.91	$1,127
Feb 2013	224	91.23	3.42	$766
Jan 2013	300	91.60	3.42	$1,026
Dec 2012	425	86.77	3.42	$1,454
Nov 2012	665	86.95	3.62	$2,411
Oct 2012	569	89.38	3.40	$1,934
Sep 2012	620	94.67	2.92	$1,809
Aug 2012	355	92.66	2.91	$1,032
Jul 2012	274	85.13	3.02	$828
Jun 2012	314	79.82	2.52	$791
May 2012	499	91.61	2.49	$1,242
Apr 2012	627	101.65	2.00	$1,252
Mar 2012	846	105.05	2.22	$1,880
Feb 2012	1,236	101.10	2.57	$3,177
Jan 2012	884	98.09	2.73	$2,417
Dec 2011	1,076	96.87	3.24	$3,486
Nov 2011	646	95.72	3.31	$2,139
Oct 2011	1,329	84.98	3.65	$4,849
Sep 2011	979	83.62	3.99	$3,902
Aug 2011	401	83.40	4.15	$1,664
Jul 2011	295	94.14	4.52	$1,333
Jun 2011	268	92.90	4.64	$1,243
May 2011	379	98.13	4.40	$1,669
Apr 2011	389	105.96	4.33	$1,686
Mar 2011	572	96.36	4.06	$2,321
Feb 2011	842	85.64	4.18	$3,520
Jan 2011	997	86.50	4.59	$4,575
Dec 2010	753	85.73	4.35	$3,274
Nov 2010	856	80.84	3.80	$3,249
Oct 2010	632	78.10	3.51	$2,218
Sep 2010	635	72.63	3.98	$2,527
Aug 2010	474	73.68	4.42	$2,095
Jul 2010	362	72.55	4.74	$1,715
Jun 2010	316	70.36	4.91	$1,552
May 2010	324	71.12	4.24	$1,372
Apr 2010	338	81.69	4.12	$1,393
Mar 2010	360	78.39	4.39	$1,580
Feb 2010	812	73.58	5.44	$4,419
Jan 2010	854	74.36	5.96	$5,093
Dec 2009	479	71.44	5.48	$2,627
Nov 2009	435	74.59	3.75	$1,632
Oct 2009	399	72.54	4.11	$1,640
Sep 2009	418	65.54	3.06	$1,281
Aug 2009	399	67.42	3.22	$1,284
Jul 2009	460	61.13	3.46	$1,594
Jun 2009	377	66.16	3.90	$1,468
May 2009	243	54.74	3.93	$954
Apr 2009	347	46.77	3.59	$1,245
Mar 2009	379	42.14	4.06	$1,538
Feb 2009	329	32.81	4.63	$1,524
Jan 2009	463	35.86	5.37	$2,487
Dec 2008	426	37.10	5.98	$2,546
Nov 2008	427	55.49	6.86	$2,929
Oct 2008	450	75.24	6.92	$3,115
Sep 2008	420	101.76	7.88	$3,308
Aug 2008	471	114.22	8.48	$3,996
Jul 2008	523	131.08	11.39	$5,957
Jun 2008	400	131.33	13.03	$5,213
May 2008	483	123.17	11.57	$5,590
Apr 2008	597	110.31	10.45	$6,242
Mar 2008	479	101.90	9.66	$4,629
Feb 2008	458	92.53	8.77	$4,017
Jan 2008	482	90.38	8.21	$3,955
Dec 2007	735	88.33	7.30	$5,367
Nov 2007	1,119	91.67	7.29	$8,159
Oct 2007	954	82.85	6.92	$6,604
Sep 2007	1,731	75.84	6.24	$10,809
Aug 2007	2,530	69.06	6.39	$16,161
Jul 2007	2,579	70.90	6.39	$16,475
Jun 2007	2,152	62.00	7.55	$16,244
May 2007	2,316	58.74	7.85	$18,172
Apr 2007	1,667	59.61	7.81	$13,011
Mar 2007	1,841	56.92	7.30	$13,443
Feb 2007	1,579	55.10	8.22	$12,973
Jan 2007	1,477	50.30	6.73	$9,936
Dec 2006	1,678	56.65	6.92	$11,609
Nov 2006	483	54.20	7.62	$3,679
Oct 2006	2,355	54.90	6.01	$14,163
Sep 2006	828	60.08	5.04	$4,171
Aug 2006	798	68.71	7.34	$5,857
Jul 2006	149	69.37	6.34	$945
Jun 2006	499	66.28	6.38	$3,186
May 2006	707	66.01	6.42	$4,542
Apr 2006	1,176	64.39	7.36	$8,656
Mar 2006	780	56.70	7.08	$5,525
Feb 2006	1,227	57.59	7.75	$9,511
Jan 2006	691	60.59	8.93	$6,173
Dec 2005	801	54.94	13.42	$10,746
Nov 2005	1,163	54.69	10.59	$12,314
Oct 2005	775	58.34	13.80	$10,692
Sep 2005	637	61.45	12.08	$7,694
Aug 2005	856	61.51	9.80	$8,386
Jul 2005	2,072	55.69	7.84	$16,252
Jun 2005	1,528	52.33	7.38	$11,278
May 2005	2,080	45.22	6.65	$13,834
Apr 2005	1,867	49.20	7.36	$13,742
Mar 2005	1,573	50.37	7.15	$11,255
Feb 2005	1,373	45.22	6.31	$8,666
Jan 2005	1,159	43.16	6.32	$7,327
Dec 2004	1,871	39.86	6.75	$12,631
Nov 2004	2,370	45.28	6.33	$15,003
Oct 2004	1,763	49.70	6.52	$11,486
Sep 2004	1,271	43.24	5.28	$6,716
Aug 2004	1,569	42.37	5.55	$8,709
Jul 2004	1,914	38.28	6.08	$11,645
Jun 2004	1,899	36.10	6.43	$12,216
May 2004	1,737	37.48	6.49	$11,281
Apr 2004	1,590	34.47	5.86	$9,315
Mar 2004	1,836	34.36	5.53	$10,153
Feb 2004	1,078	32.45	5.51	$5,939
Jan 2004	1,458	32.03	6.30	$9,185
Dec 2003	1,454	30.26	6.30	$9,163
Nov 2003	1,363	28.80	4.60	$6,263
Oct 2003	1,549	28.17	4.76	$7,373
Sep 2003	1,825	26.31	4.75	$8,668
Aug 2003	1,905	29.76	5.13	$9,772
Jul 2003	2,192	29.41	5.17	$11,334
Jun 2003	1,829	28.56	5.98	$10,943
May 2003	2,125	26.59	5.97	$12,692
Apr 2003	2,339	26.67	5.41	$12,648
Mar 2003	2,554	31.14	6.10	$15,569
Feb 2003	2,107	33.48	7.93	$16,700
Jan 2003	2,260	30.31	5.58	$12,615
Dec 2002	2,420	26.91	4.85	$11,746
Nov 2002	2,529	24.66	4.14	$10,462
Oct 2002	2,231	26.46	4.23	$9,435
Sep 2002	2,490	27.44	3.64	$9,052
Aug 2002	2,168	25.96	3.16	$6,860
Jul 2002	2,604	24.58	3.06	$7,973
Jun 2002	2,762	23.73	3.34	$9,220
May 2002	2,385	24.66	3.58	$8,548
Apr 2002	2,711	23.65	3.51	$9,522
Mar 2002	3,247	22.00	3.10	$10,075
Feb 2002	3,068	18.22	2.38	$7,289
Jan 2002	2,684	17.17	2.38	$6,376
Dec 2001	2,904	16.93	2.36	$6,866
Nov 2001	3,145	18.07	2.41	$7,565
Oct 2001	3,436	19.78	2.53	$8,689
Sep 2001	3,266	24.26	2.25	$7,353
Aug 2001	3,546	24.87	3.05	$10,827
Jul 2001	3,610	23.93	3.20	$11,541
Jun 2001	3,069	24.56	3.82	$11,736
May 2001	2,724	25.52	4.31	$11,733
Apr 2001	2,494	24.68	5.34	$13,306
Mar 2001	2,928	24.54	5.38	$15,742
Feb 2001	817	27.75	5.77	$4,712
Jan 2001	2,312	27.47	8.40	$19,418
Dec 2000	2,204	26.88	9.12	$20,106
Nov 2000	2,299	32.21	5.66	$13,008
Oct 2000	2,390	31.23	5.15	$12,298
Sep 2000	2,509	31.87	5.19	$13,013
Aug 2000	2,760	29.64	4.54	$12,532
Jul 2000	2,981	28.53	4.09	$12,192
Jun 2000	3,308	29.30	4.40	$14,546
May 2000	4,028	27.26	3.68	$14,822
Apr 2000	3,509	24.51	3.12	$10,934
Mar 2000	3,417	28.42	2.86	$9,772
Feb 2000	3,278	27.62	2.73	$8,937
Jan 2000	4,379	25.27	2.48	$10,862
Dec 1999	4,169	24.28	2.42	$10,104
Nov 1999	4,173	23.19	2.43	$10,157
Oct 1999	4,573	20.98	2.80	$12,821
Sep 1999	4,282	21.75	2.62	$11,214
Aug 1999	4,777	19.26	2.88	$13,737
Jul 1999	5,326	17.89	2.37	$12,635
Jun 1999	4,759	15.94	2.36	$11,241
May 1999	4,406	15.79	2.32	$10,226
Apr 1999	4,333	15.10	2.21	$9,567
Mar 1999	4,756	12.47	1.84	$8,743
Feb 1999	4,560	9.98	1.82	$8,289
Jan 1999	5,300	10.38	1.90	$10,070
Dec 1998	4,276	9.20	1.77	$7,583
Nov 1998	4,140	10.89	2.19	$9,049
Oct 1998	4,385	12.42	1.97	$8,635
Sep 1998	4,323	12.59	2.08	$9,003
Aug 1998	4,673	11.30	1.91	$8,913
Jul 1998	4,793	11.74	2.24	$10,723
Jun 1998	5,585	11.24	2.24	$12,495
May 1998	5,992	12.62	2.21	$13,220
Apr 1998	6,268	13.04	2.51	$15,703
Mar 1998	6,982	12.80	2.31	$16,125
Feb 1998	6,781	13.95	2.30	$15,590
Jan 1998	6,950	14.70	2.15	$14,976
Dec 1997	3,647	16.32	2.41	$8,793
Nov 1997	6,838	18.19	3.09	$21,118
Oct 1997	8,691	19.25	3.15	$27,375
Sep 1997	1,963	17.74	2.95	$5,800
Aug 1997	571	17.86	2.55	$1,459
Jul 1997	0	17.58	2.25	$0
Jun 1997	202	17.24	2.26	$456
May 1997	675	18.97	2.31	$1,558
Apr 1997	785	17.88	2.08	$1,635
Mar 1997	900	18.95	1.94	$1,745
Feb 1997	896	20.49	2.21	$1,976
Jan 1997	1,100	23.48	3.54	$3,894
Dec 1996	1,222	23.32	—	$0
Nov 1996	1,205	21.97	—	$0
Oct 1996	1,187	23.31	—	$0
Sep 1996	1,243	22.22	—	$0
Aug 1996	1,295	20.26	—	$0
Jul 1996	1,305	19.55	—	$0
Jun 1996	1,311	18.73	—	$0
May 1996	1,411	19.43	—	$0
Apr 1996	1,459	21.51	—	$0
Mar 1996	1,699	19.38	—	$0
Feb 1996	1,635	16.98	—	$0
Jan 1996	2,270	17.07	—	$0
Dec 1995	2,573	17.19	—	$0
Nov 1995	2,486	16.00	—	$0
Oct 1995	2,034	15.43	—	$0
Sep 1995	2,379	16.18	—	$0
Aug 1995	2,385	15.92	—	$0
Jul 1995	2,532	15.24	—	$0
Jun 1995	2,721	16.41	—	$0
May 1995	2,522	17.56	—	$0
Apr 1995	2,709	17.73	—	$0
Mar 1995	4,182	16.44	—	$0
Feb 1995	5,135	16.58	—	$0
Jan 1995	6,425	15.92	—	$0
Dec 1994	6,528	15.03	—	$0
Nov 1994	6,510	15.90	—	$0
Oct 1994	6,185	15.58	—	$0
Sep 1994	6,163	15.29	—	$0
Aug 1994	6,615	16.13	—	$0
Jul 1994	6,378	17.56	—	$0
Jun 1994	5,855	17.09	—	$0
May 1994	401	15.88	—	$0
Apr 1994	5,740	14.14	—	$0
Mar 1994	5,626	12.46	—	$0
Feb 1994	3,937	12.50	—	$0
Jan 1994	6,852	12.66	—	$0
Dec 1993	7,600	12.33	—	$0
Nov 1993	5,082	14.49	—	$0
Oct 1993	6,174	15.85	—	$0
Sep 1993	3,963	15.03	—	$0
Aug 1993	4,534	15.66	—	$0
Jul 1993	7,982	15.46	—	$0
Jun 1993	6,846	16.79	—	$0
May 1993	6,867	17.68	—	$0
Apr 1993	7,045	18.05	—	$0
Mar 1993	5,972	18.14	—	$0
Feb 1993	4,408	17.90	—	$0
Jan 1993	5,678	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.

May 2026 — as filed, then multipliedworked

Gas                  148 Mcf  × $  3.05 =       $451

────────────────────────────────────────────────────
Month total                                     $451

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/133531 is the state's own key, not one this site invented.