BEACH

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

Operated by PETRALIS ENERGY RESOURCES, LLC (P-5 659844) in the TENNESSEE COLONY, S. W. (HILL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10862District 06Field 88820500NGPA filingOilCasinghead gasSave Export

Value, all time

$784 k

Jan 1993 – Aug 2023

Value, last 12 filed months

at the published price for each month

Months reported

368

no gaps in the span

Streams

oil, casinghead gas

The TENNESSEE COLONY, S. W. (HILL) 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 10 leases and 11 wells, and the rule below applies to all of them.

Discovered

1982-04-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “OPTIONAL 40 AC. UNITS WITH 2100' DIAG.”

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
Oil	Disposition	10,955 bbl	$485,025
Casinghead gas	Production	93,332 Mcf	$298,972
Total			$783,997

25,488 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 31.8069, -95.8296. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.80691, -95.82962 · 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

9,950 ft

1 wells filed one

Completion to plug

39.6 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 9,950 ft.

Completions filed

Oct 1982

1 of 1 wells

Plug dates filed

May 2022

1 of 1 wells

Last completion to plug: a median of 39.6 years across the 1 well that filed both dates, with the middle half between 39.6 years and 39.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00131246	1	9,950 ft	Oct 1982	May 2022	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 (368)

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

368 months


Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
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	18	38.37	1.83	$33
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	2	59.01	2.30	$5
Nov 2019	167	6	55.30	2.75	$9,252
Oct 2019	0	10	53.47	2.42	$24
Sep 2019	0	18	55.05	2.66	$48
Aug 2019	0	11	53.11	2.30	$25
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	106	0	65.38	2.90	$6,930
Apr 2018	0	10	63.84	2.90	$29
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	36	61.78	2.77	$100
Jan 2018	0	51	62.87	4.01	$204
Dec 2017	0	50	57.27	2.92	$146
Nov 2017	0	44	55.42	3.12	$137
Oct 2017	0	3	49.29	2.98	$9
Sep 2017	0	26	47.52	3.09	$80
Aug 2017	0	93	45.37	3.00	$279
Jul 2017	0	56	43.87	3.09	$173
Jun 2017	0	66	42.49	3.09	$204
May 2017	0	126	45.37	3.26	$411
Apr 2017	0	146	47.93	3.21	$469
Mar 2017	0	174	46.77	2.98	$519
Feb 2017	0	152	50.45	2.95	$449
Jan 2017	0	182	49.41	3.42	$622
Dec 2016	0	144	48.76	3.72	$536
Nov 2016	0	67	42.49	2.64	$177
Oct 2016	0	183	46.19	3.09	$566
Sep 2016	0	208	41.55	3.10	$645
Aug 2016	0	211	41.44	2.92	$617
Jul 2016	136	275	41.62	2.92	$6,465
Jun 2016	0	57	45.35	2.69	$153
May 2016	0	264	42.52	1.99	$526
Apr 2016	0	266	36.56	1.99	$530
Mar 2016	0	304	33.01	1.79	$545
Feb 2016	0	291	26.47	2.06	$601
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	60	32.36	2.00	$120
Nov 2015	0	362	38.79	2.17	$785
Oct 2015	0	286	43.55	2.43	$694
Sep 2015	186	488	42.99	2.76	$9,342
Aug 2015	0	326	40.16	2.87	$936
Jul 2015	0	314	48.15	2.95	$925
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	511	55.21	2.96	$1,510
Apr 2015	0	458	49.82	2.71	$1,240
Mar 2015	184	532	42.89	2.93	$9,453
Feb 2015	0	367	44.66	2.98	$1,092
Jan 2015	190	452	43.43	3.10	$9,653
Dec 2014	0	496	54.69	3.59	$1,781
Nov 2014	0	440	70.46	4.25	$1,871
Oct 2014	0	380	78.30	3.90	$1,482
Sep 2014	0	443	86.16	4.05	$1,792
Aug 2014	0	384	89.39	4.04	$1,549
Jul 2014	183	350	96.56	4.18	$19,133
Jun 2014	0	247	98.16	4.74	$1,170
May 2014	0	0	94.73	4.73	$0
Apr 2014	186	0	95.94	4.81	$17,845
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	182	0	91.82	4.35	$16,711
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	185	0	102.52	3.72	$18,966
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	185	0	91.23	3.42	$16,878
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	186	0	89.38	3.40	$16,625
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	188	0	91.61	2.49	$17,223
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	498	98.09	2.73	$1,362
Dec 2011	182	580	96.87	3.24	$19,509
Nov 2011	0	538	95.72	3.31	$1,781
Oct 2011	0	598	84.98	3.65	$2,182
Sep 2011	180	624	83.62	3.99	$17,539
Aug 2011	0	690	83.40	4.15	$2,863
Jul 2011	0	696	94.14	4.52	$3,144
Jun 2011	0	675	92.90	4.64	$3,132
May 2011	180	663	98.13	4.40	$20,584
Apr 2011	0	639	105.96	4.33	$2,769
Mar 2011	0	596	96.36	4.06	$2,418
Feb 2011	188	524	85.64	4.18	$18,291
Jan 2011	0	689	86.50	4.59	$3,162
Dec 2010	0	585	85.73	4.35	$2,543
Nov 2010	0	577	80.84	3.80	$2,190
Oct 2010	0	636	78.10	3.51	$2,232
Sep 2010	0	657	72.63	3.98	$2,615
Aug 2010	186	755	73.68	4.42	$17,041
Jul 2010	0	717	72.55	4.74	$3,396
Jun 2010	180	724	70.36	4.91	$16,220
May 2010	0	708	71.12	4.24	$2,999
Apr 2010	0	692	81.69	4.12	$2,853
Mar 2010	0	15	78.39	4.39	$66
Feb 2010	0	573	73.58	5.44	$3,118
Jan 2010	0	679	74.36	5.96	$4,050
Dec 2009	0	697	71.44	5.48	$3,822
Nov 2009	0	751	74.59	3.75	$2,817
Oct 2009	0	816	72.54	4.11	$3,354
Sep 2009	0	732	65.54	3.06	$2,243
Aug 2009	190	775	67.42	3.22	$15,304
Jul 2009	0	805	61.13	3.46	$2,789
Jun 2009	0	742	66.16	3.90	$2,890
May 2009	0	778	54.74	3.93	$3,054
Apr 2009	185	763	46.77	3.59	$11,390
Mar 2009	0	697	42.14	4.06	$2,829
Feb 2009	0	669	32.81	4.63	$3,099
Jan 2009	139	379	35.86	5.37	$7,020
Dec 2008	0	378	37.10	5.98	$2,259
Nov 2008	0	396	55.49	6.86	$2,717
Oct 2008	0	400	75.24	6.92	$2,769
Sep 2008	93	396	101.76	7.88	$12,583
Aug 2008	0	430	114.22	8.48	$3,648
Jul 2008	0	330	131.08	11.39	$3,759
Jun 2008	0	385	131.33	13.03	$5,018
May 2008	88	333	123.17	11.57	$14,693
Apr 2008	0	134	110.31	10.45	$1,401
Mar 2008	0	403	101.90	9.66	$3,895
Feb 2008	0	63	92.53	8.77	$553
Jan 2008	80	329	90.38	8.21	$9,930
Dec 2007	0	361	88.33	7.30	$2,636
Nov 2007	0	391	91.67	7.29	$2,851
Oct 2007	0	350	82.85	6.92	$2,423
Sep 2007	91	420	75.84	6.24	$9,524
Aug 2007	0	329	69.06	6.39	$2,102
Jul 2007	0	401	70.90	6.39	$2,562
Jun 2007	0	384	62.00	7.55	$2,899
May 2007	0	412	58.74	7.85	$3,233
Apr 2007	87	319	59.61	7.81	$7,676
Mar 2007	0	403	56.92	7.30	$2,943
Feb 2007	0	333	55.10	8.22	$2,736
Jan 2007	0	363	50.30	6.73	$2,442
Dec 2006	89	349	56.65	6.92	$7,456
Nov 2006	91	261	54.20	7.62	$6,920
Oct 2006	0	372	54.90	6.01	$2,237
Sep 2006	0	346	60.08	5.04	$1,743
Aug 2006	0	360	68.71	7.34	$2,642
Jul 2006	0	221	69.37	6.34	$1,402
Jun 2006	0	277	66.28	6.38	$1,768
May 2006	90	297	66.01	6.42	$7,849
Apr 2006	0	208	64.39	7.36	$1,531
Mar 2006	0	211	56.70	7.08	$1,495
Feb 2006	98	127	57.59	7.75	$6,628
Jan 2006	0	73	60.59	8.93	$652
Dec 2005	0	110	54.94	13.42	$1,476
Nov 2005	0	48	54.69	10.59	$508
Oct 2005	93	103	58.34	13.80	$6,847
Sep 2005	0	101	61.45	12.08	$1,220
Aug 2005	0	126	61.51	9.80	$1,234
Jul 2005	175	105	55.69	7.84	$10,569
Jun 2005	0	72	52.33	7.38	$531
May 2005	0	120	45.22	6.65	$798
Apr 2005	0	91	49.20	7.36	$670
Mar 2005	91	147	50.37	7.15	$5,635
Feb 2005	0	93	45.22	6.31	$587
Jan 2005	0	109	43.16	6.32	$689
Dec 2004	0	148	39.86	6.75	$999
Nov 2004	94	90	45.28	6.33	$4,826
Oct 2004	0	129	49.70	6.52	$840
Sep 2004	0	102	43.24	5.28	$539
Aug 2004	0	152	42.37	5.55	$844
Jul 2004	89	136	38.28	6.08	$4,234
Jun 2004	88	165	36.10	6.43	$4,238
May 2004	0	181	37.48	6.49	$1,176
Apr 2004	0	153	34.47	5.86	$896
Mar 2004	0	214	34.36	5.53	$1,183
Feb 2004	0	109	32.45	5.51	$601
Jan 2004	92	174	32.03	6.30	$4,043
Dec 2003	0	114	30.26	6.30	$718
Nov 2003	0	129	28.80	4.60	$593
Oct 2003	0	190	28.17	4.76	$904
Sep 2003	93	146	26.31	4.75	$3,140
Aug 2003	0	207	29.76	5.13	$1,062
Jul 2003	0	154	29.41	5.17	$796
Jun 2003	0	213	28.56	5.98	$1,274
May 2003	92	150	26.59	5.97	$3,342
Apr 2003	0	145	26.67	5.41	$784
Mar 2003	0	138	31.14	6.10	$841
Feb 2003	94	134	33.48	7.93	$4,209
Jan 2003	0	128	30.31	5.58	$715
Dec 2002	0	107	26.91	4.85	$519
Nov 2002	136	133	24.66	4.14	$3,904
Oct 2002	0	163	26.46	4.23	$689
Sep 2002	0	128	27.44	3.64	$465
Aug 2002	0	179	25.96	3.16	$566
Jul 2002	0	230	24.58	3.06	$704
Jun 2002	0	215	23.73	3.34	$718
May 2002	90	240	24.66	3.58	$3,080
Apr 2002	0	185	23.65	3.51	$650
Mar 2002	0	247	22.00	3.10	$766
Feb 2002	93	164	18.22	2.38	$2,084
Jan 2002	0	158	17.17	2.38	$375
Dec 2001	0	193	16.93	2.36	$456
Nov 2001	94	179	18.07	2.41	$2,129
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	94	0	24.87	3.05	$2,338
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	88	157	27.75	5.77	$3,347
Jan 2001	0	123	27.47	8.40	$1,033
Dec 2000	0	137	26.88	9.12	$1,250
Nov 2000	0	159	32.21	5.66	$900
Oct 2000	33	209	31.23	5.15	$2,106
Sep 2000	80	218	31.87	5.19	$3,680
Aug 2000	0	144	29.64	4.54	$654
Jul 2000	37	0	28.53	4.09	$1,056
Jun 2000	21	0	29.30	4.40	$615
May 2000	64	0	27.26	3.68	$1,745
Apr 2000	28	0	24.51	3.12	$686
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	29	0	27.62	2.73	$801
Jan 2000	51	0	25.27	2.48	$1,289
Dec 1999	48	251	24.28	2.42	$1,774
Nov 1999	0	266	23.19	2.43	$647
Oct 1999	54	276	20.98	2.80	$1,907
Sep 1999	35	270	21.75	2.62	$1,468
Aug 1999	38	331	19.26	2.88	$1,684
Jul 1999	38	328	17.89	2.37	$1,458
Jun 1999	51	286	15.94	2.36	$1,489
May 1999	98	298	15.79	2.32	$2,239
Apr 1999	0	299	15.10	2.21	$660
Mar 1999	0	303	12.47	1.84	$557
Feb 1999	68	294	9.98	1.82	$1,213
Jan 1999	44	293	10.38	1.90	$1,013
Dec 1998	53	317	9.20	1.77	$1,050
Nov 1998	103	252	10.89	2.19	$1,672
Oct 1998	0	321	12.42	1.97	$632
Sep 1998	61	312	12.59	2.08	$1,418
Aug 1998	14	293	11.30	1.91	$717
Jul 1998	24	2,316	11.74	2.24	$5,463
Jun 1998	0	365	11.24	2.24	$817
May 1998	0	405	12.62	2.21	$894
Apr 1998	0	405	13.04	2.51	$1,015
Mar 1998	73	0	12.80	2.31	$934
Feb 1998	12	0	13.95	2.30	$167
Jan 1998	47	355	14.70	2.15	$1,456
Dec 1997	34	403	16.32	2.41	$1,527
Nov 1997	63	391	18.19	3.09	$2,353
Oct 1997	54	417	19.25	3.15	$2,353
Sep 1997	96	491	17.74	2.95	$3,154
Aug 1997	0	368	17.86	2.55	$940
Jul 1997	18	436	17.58	2.25	$1,296
Jun 1997	20	483	17.24	2.26	$1,435
May 1997	47	384	18.97	2.31	$1,778
Apr 1997	19	271	17.88	2.08	$904
Mar 1997	19	238	18.95	1.94	$822
Feb 1997	36	333	20.49	2.21	$1,472
Jan 1997	79	376	23.48	3.54	$3,186
Dec 1996	0	408	23.32	—	$0
Nov 1996	29	415	21.97	—	$637
Oct 1996	71	357	23.31	—	$1,655
Sep 1996	22	301	22.22	—	$489
Aug 1996	0	418	20.26	—	$0
Jul 1996	44	438	19.55	—	$860
Jun 1996	0	441	18.73	—	$0
May 1996	103	456	19.43	—	$2,001
Apr 1996	0	445	21.51	—	$0
Mar 1996	46	474	19.38	—	$891
Feb 1996	87	483	16.98	—	$1,477
Jan 1996	157	679	17.07	—	$2,680
Dec 1995	98	671	17.19	—	$1,685
Nov 1995	81	447	16.00	—	$1,296
Oct 1995	0	470	15.43	—	$0
Sep 1995	96	444	16.18	—	$1,553
Aug 1995	0	517	15.92	—	$0
Jul 1995	42	519	15.24	—	$640
Jun 1995	52	511	16.41	—	$853
May 1995	83	517	17.56	—	$1,457
Apr 1995	61	378	17.73	—	$1,082
Mar 1995	0	395	16.44	—	$0
Feb 1995	99	367	16.58	—	$1,641
Jan 1995	52	326	15.92	—	$828
Dec 1994	0	417	15.03	—	$0
Nov 1994	77	431	15.90	—	$1,224
Oct 1994	119	539	15.58	—	$1,854
Sep 1994	0	567	15.29	—	$0
Aug 1994	41	573	16.13	—	$661
Jul 1994	124	554	17.56	—	$2,177
Jun 1994	0	581	17.09	—	$0
May 1994	35	619	15.88	—	$556
Apr 1994	44	562	14.14	—	$622
Mar 1994	126	608	12.46	—	$1,570
Feb 1994	0	570	12.50	—	$0
Jan 1994	119	633	12.66	—	$1,507
Dec 1993	29	638	12.33	—	$358
Nov 1993	57	596	14.49	—	$826
Oct 1993	89	635	15.85	—	$1,411
Sep 1993	117	549	15.03	—	$1,759
Aug 1993	45	667	15.66	—	$705
Jul 1993	128	692	15.46	—	$1,979
Jun 1993	77	664	16.79	—	$1,293
May 1993	123	703	17.68	—	$2,175
Apr 1993	141	704	18.05	—	$2,545
Mar 1993	0	709	18.14	—	$0
Feb 1993	137	678	17.90	—	$2,452
Jan 1993	138	722	16.93	—	$2,336

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.

Jul 2020 — as filed, then multipliedworked

Oil                    0 bbl  × $ 38.37 =         $0
Casinghead gas        18 Mcf  × $  1.83 =        $33

────────────────────────────────────────────────────
Month total                                      $33

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/O/10862 is the state's own key, not one this site invented.