BUIE, J.D. HEIRS

Name: BUIE, J.D. HEIRS lease production and value, Oct 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by R2Q OPERATING LLC (P-5 687719) in the WILLOW SPRINGS (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167288District 06Field 977521002 tax incentive programmesCondensateGasSave Export

Value, all time

$4.2 M

Oct 1997 – May 2026

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

344

no gaps in the span

Streams

condensate, gas

The WILLOW SPRINGS (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 398 leases and 398 wells, and the rule below applies to all of them.

Discovered

1975-07-10

as the register files it

Field class

Gas

the register's own label

Between wells

600 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2016-10-25.

The Commission's schedule remark for this field reads: “SINGLE RESERVOIR. PLEASE REFER TO ORDER FOR TAKE POINTS.”

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	1998-04-08	138267
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	17,857 bbl	$546,277
Gas	Production	956,151 Mcf	$3,639,930
Total			$4,186,207

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 32.6195, -94.7991. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61954, -94.79913 · 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

10,893 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 10,893 ft.

Completions filed

Oct 1997

1 of 1 wells

1 well


42-45930922	3	10,893 ft	Oct 1997	—	—

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 (344)

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

344 months


May 2026	0	0	106.41	3.05	$0
Apr 2026	0	36	98.93	2.87	$103
Mar 2026	0	3	89.75	3.15	$9
Feb 2026	0	0	63.50	3.75	$0
Jan 2026	0	28	59.13	8.00	$224
Dec 2025	0	0	56.66	4.41	$0
Nov 2025	0	44	58.59	3.93	$173
Oct 2025	0	91	59.38	3.30	$301
Sep 2025	0	94	62.74	3.08	$289
Aug 2025	0	14	63.93	3.01	$42
Jul 2025	0	31	66.74	3.32	$103
Jun 2025	0	47	66.48	3.13	$147
May 2025	0	46	60.55	3.23	$149
Apr 2025	0	45	62.36	3.54	$159
Mar 2025	0	71	67.70	4.27	$303
Feb 2025	0	93	70.88	4.34	$404
Jan 2025	0	90	74.32	4.28	$385
Dec 2024	0	124	68.99	3.12	$387
Nov 2024	0	120	69.05	2.20	$264
Oct 2024	0	124	71.37	2.28	$283
Sep 2024	0	120	69.61	2.36	$284
Aug 2024	0	124	75.63	2.06	$256
Jul 2024	0	124	79.93	2.15	$266
Jun 2024	0	112	78.08	2.63	$295
May 2024	0	15	78.81	2.20	$33
Apr 2024	0	8	84.45	1.66	$13
Mar 2024	0	76	80.30	1.55	$117
Feb 2024	0	116	76.09	1.78	$207
Jan 2024	0	97	73.02	3.30	$320
Dec 2023	0	23	71.26	2.61	$60
Nov 2023	0	54	77.89	2.81	$152
Oct 2023	0	29	85.44	3.09	$90
Sep 2023	0	23	89.04	2.74	$63
Aug 2023	0	23	80.52	2.67	$61
Jul 2023	0	35	74.85	2.64	$92
Jun 2023	0	34	68.96	2.26	$77
May 2023	0	70	70.62	2.23	$156
Apr 2023	0	47	78.12	2.24	$105
Mar 2023	0	73	72.85	2.39	$175
Feb 2023	0	62	75.11	2.47	$153
Jan 2023	0	80	76.53	3.39	$271
Dec 2022	0	24	76.41	5.73	$138
Nov 2022	0	45	85.00	5.65	$254
Oct 2022	0	40	87.18	5.86	$235
Sep 2022	0	43	84.88	8.16	$351
Aug 2022	0	27	94.52	9.13	$246
Jul 2022	0	33	101.58	7.54	$249
Jun 2022	0	34	115.09	7.98	$271
May 2022	0	13	109.37	8.43	$110
Apr 2022	0	27	104.22	6.84	$185
Mar 2022	0	46	108.88	5.08	$234
Feb 2022	0	19	91.05	4.86	$92
Jan 2022	0	40	81.84	4.54	$182
Dec 2021	0	33	71.32	3.90	$129
Nov 2021	0	27	77.43	5.24	$141
Oct 2021	0	36	79.79	5.71	$206
Sep 2021	0	27	69.86	5.35	$144
Aug 2021	0	20	66.02	4.22	$84
Jul 2021	0	23	70.78	3.98	$92
Jun 2021	0	21	69.49	3.38	$71
May 2021	0	15	63.48	3.02	$45
Apr 2021	0	20	60.36	2.76	$55
Mar 2021	0	21	61.30	2.72	$57
Feb 2021	0	16	57.80	5.55	$89
Jan 2021	0	20	50.41	2.81	$56
Dec 2020	0	18	44.64	2.68	$48
Nov 2020	0	5	38.77	2.71	$14
Oct 2020	0	18	36.97	2.48	$45
Sep 2020	0	43	37.09	1.99	$86
Aug 2020	0	27	39.98	2.39	$64
Jul 2020	0	151	38.37	1.83	$276
Jun 2020	0	314	34.90	1.69	$531
May 2020	0	314	16.92	1.81	$570
Apr 2020	0	362	14.75	1.80	$653
Mar 2020	0	362	30.34	1.86	$672
Feb 2020	0	626	49.88	1.98	$1,240
Jan 2020	0	823	57.25	2.09	$1,724
Dec 2019	0	706	59.01	2.30	$1,627
Nov 2019	0	720	55.30	2.75	$1,981
Oct 2019	0	634	53.47	2.42	$1,533
Sep 2019	0	642	55.05	2.66	$1,706
Aug 2019	0	1,054	53.11	2.30	$2,429
Jul 2019	0	787	56.27	2.46	$1,936
Jun 2019	0	1,107	52.78	2.49	$2,758
May 2019	0	1,271	58.48	2.74	$3,483
Apr 2019	0	1,151	62.63	2.75	$3,166
Mar 2019	0	1,522	56.80	3.06	$4,661
Feb 2019	0	651	50.85	2.79	$1,818
Jan 2019	0	1,065	46.03	3.23	$3,438
Dec 2018	0	1,321	46.59	4.19	$5,529
Nov 2018	0	1,227	52.93	4.24	$5,199
Oct 2018	0	1,580	61.44	3.40	$5,369
Sep 2018	0	2,272	59.54	3.11	$7,061
Aug 2018	0	2,154	59.40	3.07	$6,605
Jul 2018	0	1,689	65.14	2.93	$4,952
Jun 2018	0	1,861	60.18	3.08	$5,726
May 2018	4	1,864	65.38	2.90	$5,669
Apr 2018	0	1,894	63.84	2.90	$5,494
Mar 2018	0	1,556	61.22	2.79	$4,336
Feb 2018	12	696	61.78	2.77	$2,667
Jan 2018	17	661	62.87	4.01	$3,719
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	658	55.42	3.12	$2,052
Oct 2017	35	769	49.29	2.98	$4,020
Sep 2017	0	1,040	47.52	3.09	$3,211
Aug 2017	0	957	45.37	3.00	$2,875
Jul 2017	50	893	43.87	3.09	$4,950
Jun 2017	0	1,108	42.49	3.09	$3,421
May 2017	0	1,291	45.37	3.26	$4,213
Apr 2017	0	1,298	47.93	3.21	$4,169
Mar 2017	0	1,390	46.77	2.98	$4,147
Feb 2017	36	1,110	50.45	2.95	$5,094
Jan 2017	0	2,271	49.41	3.42	$7,764
Dec 2016	0	728	48.76	3.72	$2,710
Nov 2016	0	647	42.49	2.64	$1,711
Oct 2016	0	68	46.19	3.09	$210
Sep 2016	0	1,843	41.55	3.10	$5,714
Aug 2016	0	1,160	41.44	2.92	$3,392
Jul 2016	4	1,001	41.62	2.92	$3,094
Jun 2016	0	945	45.35	2.69	$2,538
May 2016	0	1,388	42.52	1.99	$2,764
Apr 2016	0	1,712	36.56	1.99	$3,409
Mar 2016	0	1,157	33.01	1.79	$2,076
Feb 2016	0	1,457	26.47	2.06	$3,007
Jan 2016	0	1,690	27.35	2.36	$3,996
Dec 2015	16	1,436	32.36	2.00	$3,392
Nov 2015	0	1,025	38.79	2.17	$2,222
Oct 2015	0	1,161	43.55	2.43	$2,817
Sep 2015	0	1,496	42.99	2.76	$4,127
Aug 2015	23	1,010	40.16	2.87	$3,825
Jul 2015	0	1,293	48.15	2.95	$3,808
Jun 2015	22	1,165	56.15	2.88	$4,594
May 2015	0	1,210	55.21	2.96	$3,576
Apr 2015	0	1,326	49.82	2.71	$3,589
Mar 2015	0	554	42.89	2.93	$1,626
Feb 2015	20	1,052	44.66	2.98	$4,024
Jan 2015	0	1,060	43.43	3.10	$3,287
Dec 2014	20	1,231	54.69	3.59	$5,515
Nov 2014	0	1,442	70.46	4.25	$6,131
Oct 2014	19	965	78.30	3.90	$5,252
Sep 2014	0	1,077	86.16	4.05	$4,357
Aug 2014	15	973	89.39	4.04	$5,267
Jul 2014	17	915	96.56	4.18	$5,466
Jun 2014	20	1,004	98.16	4.74	$6,719
May 2014	0	1,307	94.73	4.73	$6,178
Apr 2014	32	1,079	95.94	4.81	$8,259
Mar 2014	0	1,026	95.89	5.06	$5,188
Feb 2014	33	1,098	97.40	6.19	$10,013
Jan 2014	0	1,137	90.40	4.86	$5,527
Dec 2013	0	1,007	91.82	4.35	$4,385
Nov 2013	31	1,418	88.85	3.74	$8,055
Oct 2013	0	1,377	97.42	3.78	$5,204
Sep 2013	18	1,330	104.11	3.72	$6,819
Aug 2013	33	1,129	104.25	3.52	$7,417
Jul 2013	28	1,221	102.52	3.72	$7,410
Jun 2013	0	1,164	94.40	3.93	$4,578
May 2013	31	1,270	94.83	4.15	$8,209
Apr 2013	33	1,575	93.96	4.28	$9,846
Mar 2013	34	1,881	93.62	3.91	$10,543
Feb 2013	0	1,809	91.23	3.42	$6,187
Jan 2013	34	1,585	91.60	3.42	$8,535
Dec 2012	0	1,691	86.77	3.42	$5,783
Nov 2012	0	1,717	86.95	3.62	$6,224
Oct 2012	17	1,400	89.38	3.40	$6,279
Sep 2012	18	1,536	94.67	2.92	$6,187
Aug 2012	0	1,734	92.66	2.91	$5,043
Jul 2012	19	2,147	85.13	3.02	$8,103
Jun 2012	16	1,229	79.82	2.52	$4,373
May 2012	31	1,514	91.61	2.49	$6,607
Apr 2012	29	1,635	101.65	2.00	$6,213
Mar 2012	31	1,755	105.05	2.22	$7,156
Feb 2012	28	1,653	101.10	2.57	$7,079
Jan 2012	29	1,808	98.09	2.73	$7,788
Dec 2011	31	1,709	96.87	3.24	$8,540
Nov 2011	25	1,799	95.72	3.31	$8,350
Oct 2011	23	1,684	84.98	3.65	$8,099
Sep 2011	0	1,944	83.62	3.99	$7,748
Aug 2011	10	1,467	83.40	4.15	$6,921
Jul 2011	25	1,821	94.14	4.52	$10,579
Jun 2011	25	1,964	92.90	4.64	$11,435
May 2011	22	2,118	98.13	4.40	$11,488
Apr 2011	26	1,895	105.96	4.33	$10,967
Mar 2011	0	1,918	96.36	4.06	$7,782
Feb 2011	17	1,732	85.64	4.18	$8,696
Jan 2011	49	1,816	86.50	4.59	$12,572
Dec 2010	26	1,757	85.73	4.35	$9,868
Nov 2010	15	1,165	80.84	3.80	$5,634
Oct 2010	32	1,442	78.10	3.51	$7,559
Sep 2010	19	1,674	72.63	3.98	$8,042
Aug 2010	20	1,532	73.68	4.42	$8,244
Jul 2010	23	1,829	72.55	4.74	$10,332
Jun 2010	38	1,643	70.36	4.91	$10,741
May 2010	22	1,879	71.12	4.24	$9,523
Apr 2010	25	967	81.69	4.12	$6,029
Mar 2010	13	1,179	78.39	4.39	$6,193
Feb 2010	26	968	73.58	5.44	$7,181
Jan 2010	16	1,137	74.36	5.96	$7,971
Dec 2009	28	1,274	71.44	5.48	$8,987
Nov 2009	24	2,106	74.59	3.75	$9,691
Oct 2009	13	1,116	72.54	4.11	$5,530
Sep 2009	39	1,941	65.54	3.06	$8,505
Aug 2009	21	1,671	67.42	3.22	$6,794
Jul 2009	12	1,116	61.13	3.46	$4,600
Jun 2009	14	1,173	66.16	3.90	$5,495
May 2009	39	1,679	54.74	3.93	$8,726
Apr 2009	17	1,670	46.77	3.59	$6,786
Mar 2009	41	1,721	42.14	4.06	$8,713
Feb 2009	21	1,689	32.81	4.63	$8,514
Jan 2009	22	1,907	35.86	5.37	$11,031
Dec 2008	24	1,935	37.10	5.98	$12,456
Nov 2008	26	2,243	55.49	6.86	$16,831
Oct 2008	30	2,167	75.24	6.92	$17,257
Sep 2008	47	2,232	101.76	7.88	$22,364
Aug 2008	23	2,342	114.22	8.48	$22,494
Jul 2008	45	2,047	131.08	11.39	$29,213
Jun 2008	39	2,396	131.33	13.03	$36,348
May 2008	26	1,740	123.17	11.57	$23,342
Apr 2008	45	1,759	110.31	10.45	$23,354
Mar 2008	12	1,496	101.90	9.66	$15,680
Feb 2008	20	1,068	92.53	8.77	$11,218
Jan 2008	36	1,383	90.38	8.21	$14,602
Dec 2007	60	1,879	88.33	7.30	$19,020
Nov 2007	37	2,137	91.67	7.29	$18,974
Oct 2007	35	2,300	82.85	6.92	$18,820
Sep 2007	55	2,320	75.84	6.24	$18,658
Aug 2007	31	2,147	69.06	6.39	$15,856
Jul 2007	30	2,198	70.90	6.39	$16,168
Jun 2007	64	3,195	62.00	7.55	$28,085
May 2007	46	2,255	58.74	7.85	$20,395
Apr 2007	32	1,591	59.61	7.81	$14,326
Mar 2007	34	1,663	56.92	7.30	$14,078
Feb 2007	33	1,558	55.10	8.22	$14,619
Jan 2007	49	2,446	50.30	6.73	$18,919
Dec 2006	52	2,453	56.65	6.92	$19,917
Nov 2006	36	2,186	54.20	7.62	$18,603
Oct 2006	47	2,708	54.90	6.01	$18,866
Sep 2006	50	2,450	60.08	5.04	$15,345
Aug 2006	53	2,982	68.71	7.34	$25,529
Jul 2006	52	3,005	69.37	6.34	$22,667
Jun 2006	62	2,488	66.28	6.38	$19,992
May 2006	46	2,513	66.01	6.42	$19,182
Apr 2006	40	2,288	64.39	7.36	$19,416
Mar 2006	40	1,585	56.70	7.08	$13,494
Feb 2006	19	1,885	57.59	7.75	$15,705
Jan 2006	61	2,251	60.59	8.93	$23,805
Dec 2005	49	2,054	54.94	13.42	$30,247
Nov 2005	47	3,311	54.69	10.59	$37,629
Oct 2005	51	2,814	58.34	13.80	$41,797
Sep 2005	70	3,242	61.45	12.08	$43,462
Aug 2005	37	2,706	61.51	9.80	$28,786
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	29	1,249	45.22	6.65	$9,619
Apr 2005	13	729	49.20	7.36	$6,005
Mar 2005	35	1,693	50.37	7.15	$13,876
Feb 2005	22	1,349	45.22	6.31	$9,510
Jan 2005	43	2,035	43.16	6.32	$14,722
Dec 2004	62	2,936	39.86	6.75	$22,292
Nov 2004	8	330	45.28	6.33	$2,451
Oct 2004	23	1,124	49.70	6.52	$8,466
Sep 2004	45	2,351	43.24	5.28	$14,368
Aug 2004	47	2,726	42.37	5.55	$17,122
Jul 2004	40	2,250	38.28	6.08	$15,221
Jun 2004	56	2,198	36.10	6.43	$16,161
May 2004	53	2,577	37.48	6.49	$18,723
Apr 2004	43	2,085	34.47	5.86	$13,697
Mar 2004	73	3,136	34.36	5.53	$19,851
Feb 2004	69	2,850	32.45	5.51	$17,941
Jan 2004	60	2,594	32.03	6.30	$18,263
Dec 2003	56	1,987	30.26	6.30	$14,216
Nov 2003	83	2,855	28.80	4.60	$15,510
Oct 2003	112	4,825	28.17	4.76	$26,120
Sep 2003	73	4,373	26.31	4.75	$22,690
Aug 2003	107	4,196	29.76	5.13	$24,709
Jul 2003	74	4,811	29.41	5.17	$27,053
Jun 2003	107	4,377	28.56	5.98	$29,243
May 2003	98	4,018	26.59	5.97	$26,604
Apr 2003	54	3,108	26.67	5.41	$18,246
Mar 2003	136	3,979	31.14	6.10	$28,491
Feb 2003	89	2,899	33.48	7.93	$25,957
Jan 2003	81	3,146	30.31	5.58	$20,016
Dec 2002	104	3,663	26.91	4.85	$20,578
Nov 2002	122	4,027	24.66	4.14	$19,668
Oct 2002	142	4,201	26.46	4.23	$21,524
Sep 2002	85	4,241	27.44	3.64	$17,749
Aug 2002	127	5,066	25.96	3.16	$19,327
Jul 2002	96	5,226	24.58	3.06	$18,360
Jun 2002	103	4,345	23.73	3.34	$16,949
May 2002	174	4,179	24.66	3.58	$19,268
Apr 2002	131	4,656	23.65	3.51	$19,452
Mar 2002	144	4,291	22.00	3.10	$16,482
Feb 2002	102	3,928	18.22	2.38	$11,190
Jan 2002	185	4,406	17.17	2.38	$13,644
Dec 2001	99	5,317	16.93	2.36	$14,248
Nov 2001	157	5,952	18.07	2.41	$17,155
Oct 2001	118	5,319	19.78	2.53	$15,785
Sep 2001	86	5,958	24.26	2.25	$15,500
Aug 2001	164	6,591	24.87	3.05	$24,202
Jul 2001	175	5,506	23.93	3.20	$21,791
Jun 2001	76	6,410	24.56	3.82	$26,379
May 2001	98	7,032	25.52	4.31	$32,790
Apr 2001	91	6,524	24.68	5.34	$37,054
Mar 2001	94	7,188	24.54	5.38	$40,953
Feb 2001	89	5,907	27.75	5.77	$36,536
Jan 2001	168	7,121	27.47	8.40	$64,423
Dec 2000	182	7,420	26.88	9.12	$72,581
Nov 2000	88	6,507	32.21	5.66	$39,651
Oct 2000	90	6,640	31.23	5.15	$36,977
Sep 2000	181	6,787	31.87	5.19	$40,969
Aug 2000	89	7,225	29.64	4.54	$35,445
Jul 2000	87	7,702	28.53	4.09	$33,981
Jun 2000	247	7,797	29.30	4.40	$41,522
May 2000	174	7,833	27.26	3.68	$33,567
Apr 2000	170	7,278	24.51	3.12	$26,845
Mar 2000	91	7,205	28.42	2.86	$23,191
Feb 2000	184	7,815	27.62	2.73	$26,390
Jan 2000	192	9,946	25.27	2.48	$29,523
Dec 1999	80	7,214	24.28	2.42	$19,427
Nov 1999	89	7,617	23.19	2.43	$20,604
Oct 1999	186	8,598	20.98	2.80	$28,009
Sep 1999	210	9,832	21.75	2.62	$30,316
Aug 1999	104	9,518	19.26	2.88	$29,373
Jul 1999	216	12,731	17.89	2.37	$34,067
Jun 1999	201	12,033	15.94	2.36	$31,627
May 1999	289	11,279	15.79	2.32	$30,742
Apr 1999	103	10,273	15.10	2.21	$24,239
Mar 1999	428	13,294	12.47	1.84	$29,776
Feb 1999	246	13,360	9.98	1.82	$26,741
Jan 1999	203	9,867	10.38	1.90	$20,854
Dec 1998	215	9,901	9.20	1.77	$19,536
Nov 1998	297	11,348	10.89	2.19	$28,038
Oct 1998	219	11,973	12.42	1.97	$26,297
Sep 1998	318	13,598	12.59	2.08	$32,323
Aug 1998	187	13,972	11.30	1.91	$28,763
Jul 1998	381	14,356	11.74	2.24	$36,591
Jun 1998	315	15,603	11.24	2.24	$38,449
May 1998	326	16,937	12.62	2.21	$41,483
Apr 1998	428	18,262	13.04	2.51	$51,333
Mar 1998	417	18,830	12.80	2.31	$48,824
Feb 1998	511	19,565	13.95	2.30	$52,111
Jan 1998	531	22,345	14.70	2.15	$55,954
Dec 1997	663	25,737	16.32	2.41	$72,875
Nov 1997	464	31,216	18.19	3.09	$104,843
Oct 1997	369	14,905	19.25	3.15	$54,051

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.

Apr 2026 — as filed, then multipliedworked

Condensate             0 bbl  × $ 98.93 =         $0
Gas                   36 Mcf  × $  2.87 =       $103

────────────────────────────────────────────────────
Month total                                     $103

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/167288 is the state's own key, not one this site invented.