EL WEDO "A"

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

Operated by OLSEN ENERGY INC. (P-5 621750) in the CHENOT (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 118287District 08Field 17438500Hydrogen sulphide fieldNGPA filingCondensateGasSave Export

Value, all time

$1.7 M

Jan 1993 – Jan 2022

Value, last 12 filed months

at the published price for each month

Months reported

348

1 month not filed

Streams

condensate, gas

The CHENOT (WOLFCAMP) 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 60 leases and 60 wells, and the rule below applies to all of them.

Discovered

1958-11-10

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

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1979-05-14.

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: “R.K.G. ENGINEERING, INC. REQUEST”

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	20 bbl	$1,188
Gas	Production	700,536 Mcf	$1,741,688
Total			$1,742,876

314,543 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 30.9541, -102.4563. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.95413, -102.45628 · 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

5,849 ft

1 wells filed one

Completion to plug

36.3 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 5,849 ft.

Completions filed

Aug 1985

1 of 1 wells

Plug dates filed

Nov 2021

1 of 1 wells

Last completion to plug: a median of 36.3 years across the 1 well that filed both dates, with the middle half between 36.3 years and 36.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-37135563	6	5,849 ft	Aug 1985	Nov 2021	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 (348)

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

348 months


Jan 2022	0	0	81.84	4.54	$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	0	38.37	1.83	$0
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	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	7	52.78	2.49	$17
May 2019	0	9	58.48	2.74	$25
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	7	56.80	3.06	$21
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	5	46.03	3.23	$16
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	27	61.44	3.40	$92
Sep 2018	0	28	59.54	3.11	$87
Aug 2018	0	78	59.40	3.07	$239
Jul 2018	0	34	65.14	2.93	$100
Jun 2018	0	316	60.18	3.08	$972
May 2018	0	395	65.38	2.90	$1,146
Apr 2018	0	35	63.84	2.90	$102
Mar 2018	0	406	61.22	2.79	$1,131
Feb 2018	0	295	61.78	2.77	$816
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	21	57.27	2.92	$61
Nov 2017	0	174	55.42	3.12	$543
Oct 2017	0	2	49.29	2.98	$6
Sep 2017	0	100	47.52	3.09	$309
Aug 2017	0	588	45.37	3.00	$1,767
Jul 2017	0	34	43.87	3.09	$105
Jun 2017	0	436	42.49	3.09	$1,346
May 2017	0	1,084	45.37	3.26	$3,538
Apr 2017	0	712	47.93	3.21	$2,287
Mar 2017	0	654	46.77	2.98	$1,951
Feb 2017	0	471	50.45	2.95	$1,391
Jan 2017	0	141	49.41	3.42	$482
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	91	42.49	2.64	$241
Oct 2016	0	86	46.19	3.09	$266
Sep 2016	0	30	41.55	3.10	$93
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	9	33.01	1.79	$16
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	10	27.35	2.36	$24
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	309	38.79	2.17	$670
Oct 2015	0	205	43.55	2.43	$497
Sep 2015	0	469	42.99	2.76	$1,294
Aug 2015	0	519	40.16	2.87	$1,491
Jul 2015	0	311	48.15	2.95	$916
Jun 2015	0	420	56.15	2.88	$1,211
May 2015	0	317	55.21	2.96	$937
Apr 2015	0	359	49.82	2.71	$972
Mar 2015	0	538	42.89	2.93	$1,579
Feb 2015	0	466	44.66	2.98	$1,387
Jan 2015	0	268	43.43	3.10	$831
Dec 2014	0	495	54.69	3.59	$1,778
Nov 2014	0	572	70.46	4.25	$2,432
Oct 2014	0	549	78.30	3.90	$2,142
Sep 2014	0	651	86.16	4.05	$2,634
Aug 2014	0	686	89.39	4.04	$2,768
Jul 2014	0	645	96.56	4.18	$2,696
Jun 2014	0	665	98.16	4.74	$3,150
May 2014	0	796	94.73	4.73	$3,762
Apr 2014	0	649	95.94	4.81	$3,121
Mar 2014	0	843	95.89	5.06	$4,263
Feb 2014	0	724	97.40	6.19	$4,483
Jan 2014	0	498	90.40	4.86	$2,421
Dec 2013	0	483	91.82	4.35	$2,103
Nov 2013	0	599	88.85	3.74	$2,239
Oct 2013	0	717	97.42	3.78	$2,710
Sep 2013	0	820	104.11	3.72	$3,049
Aug 2013	0	625	104.25	3.52	$2,202
Jul 2013	0	656	102.52	3.72	$2,439
Jun 2013	0	734	94.40	3.93	$2,887
May 2013	0	774	94.83	4.15	$3,211
Apr 2013	0	919	93.96	4.28	$3,936
Mar 2013	0	964	93.62	3.91	$3,772
Feb 2013	0	772	91.23	3.42	$2,640
Jan 2013	0	843	91.60	3.42	$2,883
Dec 2012	0	772	86.77	3.42	$2,640
Nov 2012	0	652	86.95	3.62	$2,363
Oct 2012	0	604	89.38	3.40	$2,053
Sep 2012	0	573	94.67	2.92	$1,672
Aug 2012	0	700	92.66	2.91	$2,036
Jul 2012	0	638	85.13	3.02	$1,927
Jun 2012	0	545	79.82	2.52	$1,373
May 2012	0	527	91.61	2.49	$1,311
Apr 2012	0	521	101.65	2.00	$1,040
Mar 2012	0	567	105.05	2.22	$1,260
Feb 2012	0	490	101.10	2.57	$1,259
Jan 2012	0	565	98.09	2.73	$1,545
Dec 2011	0	412	96.87	3.24	$1,335
Nov 2011	0	519	95.72	3.31	$1,719
Oct 2011	0	670	84.98	3.65	$2,445
Sep 2011	0	592	83.62	3.99	$2,360
Aug 2011	0	639	83.40	4.15	$2,651
Jul 2011	0	709	94.14	4.52	$3,203
Jun 2011	0	684	92.90	4.64	$3,174
May 2011	0	811	98.13	4.40	$3,572
Apr 2011	0	746	105.96	4.33	$3,233
Mar 2011	0	651	96.36	4.06	$2,641
Feb 2011	0	434	85.64	4.18	$1,814
Jan 2011	0	841	86.50	4.59	$3,859
Dec 2010	0	963	85.73	4.35	$4,187
Nov 2010	0	830	80.84	3.80	$3,150
Oct 2010	0	757	78.10	3.51	$2,656
Sep 2010	0	703	72.63	3.98	$2,798
Aug 2010	0	381	73.68	4.42	$1,684
Jul 2010	0	882	72.55	4.74	$4,178
Jun 2010	0	643	70.36	4.91	$3,157
May 2010	0	731	71.12	4.24	$3,096
Apr 2010	0	675	81.69	4.12	$2,783
Mar 2010	0	595	78.39	4.39	$2,611
Feb 2010	0	643	73.58	5.44	$3,499
Jan 2010	0	851	74.36	5.96	$5,075
Dec 2009	0	1,027	71.44	5.48	$5,632
Nov 2009	0	898	74.59	3.75	$3,369
Oct 2009	0	948	72.54	4.11	$3,897
Sep 2009	0	791	65.54	3.06	$2,424
Aug 2009	0	755	67.42	3.22	$2,430
Jul 2009	0	792	61.13	3.46	$2,744
Jun 2009	0	783	66.16	3.90	$3,050
May 2009	0	956	54.74	3.93	$3,753
Apr 2009	0	862	46.77	3.59	$3,092
Mar 2009	0	957	42.14	4.06	$3,884
Feb 2009	0	218	32.81	4.63	$1,010
Jan 2009	0	719	35.86	5.37	$3,862
Dec 2008	0	830	37.10	5.98	$4,961
Nov 2008	0	849	55.49	6.86	$5,824
Oct 2008	0	945	75.24	6.92	$6,541
Sep 2008	0	1,432	101.76	7.88	$11,280
Aug 2008	0	1,966	114.22	8.48	$16,678
Jul 2008	0	1,614	131.08	11.39	$18,383
Jun 2008	0	1,605	131.33	13.03	$20,917
May 2008	0	1,000	123.17	11.57	$11,574
Apr 2008	0	1,263	110.31	10.45	$13,204
Mar 2008	0	2,081	101.90	9.66	$20,111
Feb 2008	0	1,037	92.53	8.77	$9,095
Jan 2008	0	1,432	90.38	8.21	$11,751
Dec 2007	0	1,305	88.33	7.30	$9,529
Nov 2007	0	1,393	91.67	7.29	$10,157
Oct 2007	0	1,370	82.85	6.92	$9,483
Sep 2007	0	672	75.84	6.24	$4,196
Aug 2007	0	1,388	69.06	6.39	$8,866
Jul 2007	0	1,441	70.90	6.39	$9,205
Jun 2007	0	1,189	62.00	7.55	$8,975
May 2007	0	1,118	58.74	7.85	$8,772
Apr 2007	0	1,056	59.61	7.81	$8,242
Mar 2007	0	1,383	56.92	7.30	$10,099
Feb 2007	0	1,210	55.10	8.22	$9,941
Jan 2007	0	1,287	50.30	6.73	$8,657
Dec 2006	0	1,251	56.65	6.92	$8,655
Nov 2006	0	1,176	54.20	7.62	$8,958
Oct 2006	0	1,504	54.90	6.01	$9,045
Sep 2006	0	1,620	60.08	5.04	$8,160
Aug 2006	0	1,851	68.71	7.34	$13,586
Jul 2006	6	1,804	69.37	6.34	$11,859
Jun 2006	6	1,829	66.28	6.38	$12,074
May 2006	0	1,918	66.01	6.42	$12,323
Apr 2006	0	1,775	64.39	7.36	$13,065
Mar 2006	0	1,960	56.70	7.08	$13,883
Feb 2006	0	1,889	57.59	7.75	$14,642
Jan 2006	0	1,632	60.59	8.93	$14,579
Dec 2005	0	2,243	54.94	13.42	$30,091
Nov 2005	5	2,389	54.69	10.59	$25,569
Oct 2005	0	1,722	58.34	13.80	$23,756
Sep 2005	0	2,378	61.45	12.08	$28,724
Aug 2005	1	2,428	61.51	9.80	$23,848
Jul 2005	0	2,626	55.69	7.84	$20,597
Jun 2005	0	2,496	52.33	7.38	$18,423
May 2005	0	2,299	45.22	6.65	$15,291
Apr 2005	0	1,956	49.20	7.36	$14,397
Mar 2005	0	2,252	50.37	7.15	$16,113
Feb 2005	0	1,941	45.22	6.31	$12,251
Jan 2005	0	2,340	43.16	6.32	$14,794
Dec 2004	0	2,191	39.86	6.75	$14,792
Nov 2004	0	1,839	45.28	6.33	$11,642
Oct 2004	0	1,929	49.70	6.52	$12,568
Sep 2004	0	2,030	43.24	5.28	$10,726
Aug 2004	0	2,289	42.37	5.55	$12,705
Jul 2004	0	2,581	38.28	6.08	$15,703
Jun 2004	0	2,665	36.10	6.43	$17,144
May 2004	0	2,380	37.48	6.49	$15,457
Apr 2004	0	2,644	34.47	5.86	$15,490
Mar 2004	0	2,644	34.36	5.53	$14,622
Feb 2004	0	2,346	32.45	5.51	$12,926
Jan 2004	0	2,835	32.03	6.30	$17,859
Dec 2003	0	1,834	30.26	6.30	$11,557
Nov 2003	0	1,578	28.80	4.60	$7,251
Oct 2003	0	1,886	28.17	4.76	$8,977
Sep 2003	0	2,022	26.31	4.75	$9,603
Aug 2003	0	2,466	29.76	5.13	$12,650
Jul 2003	0	2,276	29.41	5.17	$11,769
Jun 2003	0	2,619	28.56	5.98	$15,669
May 2003	0	2,188	26.59	5.97	$13,068
Apr 2003	0	2,077	26.67	5.41	$11,231
Mar 2003	0	1,933	31.14	6.10	$11,784
Feb 2003	0	1,828	33.48	7.93	$14,489
Jan 2003	0	2,366	30.31	5.58	$13,207
Dec 2002	0	2,390	26.91	4.85	$11,600
Nov 2002	0	2,322	24.66	4.14	$9,606
Oct 2002	0	2,272	26.46	4.23	$9,609
Sep 2002	0	2,477	27.44	3.64	$9,004
Aug 2002	0	2,379	25.96	3.16	$7,528
Jul 2002	0	2,515	24.58	3.06	$7,700
Jun 2002	0	2,669	23.73	3.34	$8,910
May 2002	0	2,820	24.66	3.58	$10,107
Apr 2002	0	2,869	23.65	3.51	$10,077
Mar 2002	0	3,193	22.00	3.10	$9,907
Feb 2002	0	2,930	18.22	2.38	$6,961
Jan 2002	0	3,027	17.17	2.38	$7,191
Dec 2001	0	2,942	16.93	2.36	$6,956
Nov 2001	0	2,965	18.07	2.41	$7,132
Oct 2001	0	3,481	19.78	2.53	$8,803
Sep 2001	0	3,130	24.26	2.25	$7,047
Aug 2001	0	3,087	24.87	3.05	$9,425
Jul 2001	0	3,666	23.93	3.20	$11,721
Jun 2001	0	3,489	24.56	3.82	$13,342
May 2001	0	3,522	25.52	4.31	$15,170
Apr 2001	0	3,062	24.68	5.34	$16,337
Mar 2001	0	1,956	24.54	5.38	$10,516
Feb 2001	0	836	27.75	5.77	$4,821
Jan 2001	0	309	27.47	8.40	$2,595
Dec 2000	0	1,480	26.88	9.12	$13,501
Nov 2000	0	1,217	32.21	5.66	$6,886
Oct 2000	0	1,293	31.23	5.15	$6,653
Sep 2000	0	1,195	31.87	5.19	$6,198
Aug 2000	0	57	29.64	4.54	$259
Jul 2000	0	524	28.53	4.09	$2,143
Jun 2000	0	1,680	29.30	4.40	$7,387
May 2000	0	969	27.26	3.68	$3,566
Apr 2000	0	821	24.51	3.12	$2,558
Mar 2000	0	1,175	28.42	2.86	$3,360
Feb 2000	0	1,850	27.62	2.73	$5,044
Jan 2000	0	1,689	25.27	2.48	$4,190
Dec 1999	0	1,851	24.28	2.42	$4,486
Nov 1999	0	1,898	23.19	2.43	$4,620
Oct 1999	0	2,307	20.98	2.80	$6,468
Sep 1999	0	1,810	21.75	2.62	$4,740
Aug 1999	0	2,074	19.26	2.88	$5,964
Jul 1999	0	1,685	17.89	2.37	$3,997
Jun 1999	0	1,691	15.94	2.36	$3,994
May 1999	0	2,508	15.79	2.32	$5,821
Apr 1999	0	2,031	15.10	2.21	$4,485
Mar 1999	0	2,528	12.47	1.84	$4,647
Feb 1999	0	3,259	9.98	1.82	$5,924
Jan 1999	0	2,079	10.38	1.90	$3,950
Dec 1998	0	2,340	9.20	1.77	$4,150
Nov 1998	0	3,175	10.89	2.19	$6,940
Oct 1998	0	3,228	12.42	1.97	$6,357
Sep 1998	0	2,750	12.59	2.08	$5,727
Aug 1998	0	2,804	11.30	1.91	$5,348
Jul 1998	0	3,181	11.74	2.24	$7,117
Jun 1998	0	3,192	11.24	2.24	$7,141
May 1998	0	3,103	12.62	2.21	$6,846
Apr 1998	0	2,755	13.04	2.51	$6,902
Mar 1998	0	3,412	12.80	2.31	$7,880
Feb 1998	0	3,543	13.95	2.30	$8,146
Jan 1998	0	3,913	14.70	2.15	$8,432
Dec 1997	0	3,930	16.32	2.41	$9,476
Nov 1997	0	3,963	18.19	3.09	$12,239
Oct 1997	0	3,428	19.25	3.15	$10,798
Sep 1997	0	3,884	17.74	2.95	$11,477
Aug 1997	0	3,402	17.86	2.55	$8,691
Jul 1997	0	4,308	17.58	2.25	$9,680
Jun 1997	0	4,864	17.24	2.26	$10,979
May 1997	0	5,327	18.97	2.31	$12,297
Apr 1997	0	4,356	17.88	2.08	$9,073
Mar 1997	0	5,222	18.95	1.94	$10,126
Feb 1997	0	4,811	20.49	2.21	$10,613
Jan 1997	0	5,165	23.48	3.54	$18,283
Dec 1996	0	5,640	23.32	—	$0
Nov 1996	0	5,104	21.97	—	$0
Oct 1996	0	5,745	23.31	—	$0
Sep 1996	0	6,410	22.22	—	$0
Aug 1996	0	4,716	20.26	—	$0
Jul 1996	0	4,796	19.55	—	$0
Jun 1996	0	4,915	18.73	—	$0
May 1996	2	4,468	19.43	—	$39
Apr 1996	0	4,946	21.51	—	$0
Mar 1996	0	4,774	19.38	—	$0
Feb 1996	0	4,606	16.98	—	$0
Jan 1996	0	4,785	17.07	—	$0
Dec 1995	0	4,747	17.19	—	$0
Nov 1995	0	4,515	16.00	—	$0
Oct 1995	0	5,714	15.43	—	$0
Sep 1995	0	5,995	16.18	—	$0
Aug 1995	0	3,289	15.92	—	$0
Jul 1995	0	4,274	15.24	—	$0
Jun 1995	0	4,135	16.41	—	$0
May 1995	0	4,290	17.56	—	$0
Apr 1995	0	3,712	17.73	—	$0
Mar 1995	0	4,854	16.44	—	$0
Feb 1995	0	4,291	16.58	—	$0
Jan 1995	0	4,726	15.92	—	$0
Dec 1994	0	4,168	15.03	—	$0
Nov 1994	0	2,175	15.90	—	$0
Oct 1994	0	3,153	15.58	—	$0
Sep 1994	0	4,647	15.29	—	$0
Aug 1994	0	5,050	16.13	—	$0
Jul 1994	0	5,372	17.56	—	$0
Jun 1994	0	4,286	17.09	—	$0
May 1994	0	5,798	15.88	—	$0
Apr 1994	0	8,643	14.14	—	$0
Mar 1994	0	9,438	12.46	—	$0
Feb 1994	0	9,236	12.50	—	$0
Jan 1994	0	10,119	12.66	—	$0
Dec 1993	0	10,497	12.33	—	$0
Nov 1993	0	10,442	14.49	—	$0
Oct 1993	0	9,659	15.85	—	$0
Sep 1993	0	9,460	15.03	—	$0
Aug 1993	0	12,184	15.66	—	$0
Jul 1993	0	10,641	15.46	—	$0
Jun 1993	0	9,555	16.79	—	$0
May 1993	0	10,474	17.68	—	$0
Apr 1993	0	10,766	18.05	—	$0
Mar 1993	0	11,412	18.14	—	$0
Feb 1993	0	10,208	17.90	—	$0
Jan 1993	0	11,713	16.93	—	$0

Not filed, and not zero: Dec 2021. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Jun 2019 — as filed, then multipliedworked

Condensate             0 bbl  × $ 52.78 =         $0
Gas                    7 Mcf  × $  2.49 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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. 08/G/118287 is the state's own key, not one this site invented.