WADDELL, W.N. ET AL

Name: WADDELL, W.N. ET AL lease production and value, May 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BLACKBEARD OPERATING, LLC (P-5 73056) in the SAND HILLS (WOJCIK-MCELROY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154682District 08Field 80473833Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$2.4 M

May 1995 – Jan 2024

Value, last 12 filed months

at the published price for each month

Months reported

345

no gaps in the span

Streams

condensate, gas

The SAND HILLS (WOJCIK-MCELROY) 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 73 leases and 73 wells, and the rule below applies to all of them.

Discovered

1994-07-28

as the register files it

Field class

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 40 acres. The field rule took effect on 1996-08-20.

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: “AOF-1 AND AOF-2 EFFECTIVE 02/01/97.”

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	1,286 bbl	$68,419
Gas	Production	631,743 Mcf	$2,343,620
Total			$2,412,039

115,898 Mcf of this lease's gas, across 20 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 31.5184, -102.5937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51843, -102.59370 · 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

3,540 ft

1 wells filed one

Completion to plug

28.3 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 3,540 ft.

Completions filed

May 1995

1 of 1 wells

Plug dates filed

Aug 2023

1 of 1 wells

Last completion to plug: a median of 28.3 years across the 1 well that filed both dates, with the middle half between 28.3 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10330410	1013	3,540 ft	May 1995	Aug 2023	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 (345)

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

345 months


Jan 2024	0	0	73.02	3.30	$0
Dec 2023	0	0	71.26	2.61	$0
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
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	1	76.53	3.39	$3
Dec 2022	0	296	76.41	5.73	$1,696
Nov 2022	0	306	85.00	5.65	$1,728
Oct 2022	0	329	87.18	5.86	$1,929
Sep 2022	0	319	84.88	8.16	$2,604
Aug 2022	0	321	94.52	9.13	$2,930
Jul 2022	0	326	101.58	7.54	$2,459
Jun 2022	0	316	115.09	7.98	$2,521
May 2022	0	335	109.37	8.43	$2,825
Apr 2022	0	310	104.22	6.84	$2,120
Mar 2022	0	315	108.88	5.08	$1,599
Feb 2022	0	359	91.05	4.86	$1,744
Jan 2022	0	332	81.84	4.54	$1,507
Dec 2021	0	321	71.32	3.90	$1,252
Nov 2021	0	307	77.43	5.24	$1,608
Oct 2021	0	319	79.79	5.71	$1,823
Sep 2021	0	294	69.86	5.35	$1,573
Aug 2021	0	293	66.02	4.22	$1,237
Jul 2021	0	333	70.78	3.98	$1,326
Jun 2021	0	348	69.49	3.38	$1,176
May 2021	0	367	63.48	3.02	$1,107
Apr 2021	5	310	60.36	2.76	$1,157
Mar 2021	67	362	61.30	2.72	$5,091
Feb 2021	52	270	57.80	5.55	$4,504
Jan 2021	56	340	50.41	2.81	$3,778
Dec 2020	68	374	44.64	2.68	$4,036
Nov 2020	71	380	38.77	2.71	$3,781
Oct 2020	64	403	36.97	2.48	$3,365
Sep 2020	74	358	37.09	1.99	$3,457
Aug 2020	79	359	39.98	2.39	$4,015
Jul 2020	75	384	38.37	1.83	$3,579
Jun 2020	69	367	34.90	1.69	$3,028
May 2020	75	342	16.92	1.81	$1,890
Apr 2020	39	355	14.75	1.80	$1,216
Mar 2020	22	424	30.34	1.86	$1,455
Feb 2020	20	281	49.88	1.98	$1,554
Jan 2020	24	376	57.25	2.09	$2,162
Dec 2019	24	378	59.01	2.30	$2,287
Nov 2019	22	356	55.30	2.75	$2,196
Oct 2019	23	339	53.47	2.42	$2,050
Sep 2019	6	332	55.05	2.66	$1,213
Aug 2019	0	312	53.11	2.30	$719
Jul 2019	0	323	56.27	2.46	$795
Jun 2019	0	361	52.78	2.49	$899
May 2019	0	359	58.48	2.74	$984
Apr 2019	0	348	62.63	2.75	$957
Mar 2019	0	367	56.80	3.06	$1,124
Feb 2019	0	316	50.85	2.79	$882
Jan 2019	0	355	46.03	3.23	$1,146
Dec 2018	0	352	46.59	4.19	$1,473
Nov 2018	0	341	52.93	4.24	$1,445
Oct 2018	0	399	61.44	3.40	$1,356
Sep 2018	0	397	59.54	3.11	$1,234
Aug 2018	0	350	59.40	3.07	$1,073
Jul 2018	0	386	65.14	2.93	$1,132
Jun 2018	0	373	60.18	3.08	$1,148
May 2018	0	409	65.38	2.90	$1,186
Apr 2018	0	431	63.84	2.90	$1,250
Mar 2018	0	477	61.22	2.79	$1,329
Feb 2018	0	458	61.78	2.77	$1,267
Jan 2018	0	334	62.87	4.01	$1,339
Dec 2017	0	414	57.27	2.92	$1,210
Nov 2017	0	386	55.42	3.12	$1,204
Oct 2017	0	415	49.29	2.98	$1,238
Sep 2017	0	410	47.52	3.09	$1,266
Aug 2017	0	418	45.37	3.00	$1,256
Jul 2017	0	428	43.87	3.09	$1,321
Jun 2017	0	431	42.49	3.09	$1,331
May 2017	0	450	45.37	3.26	$1,469
Apr 2017	0	495	47.93	3.21	$1,590
Mar 2017	0	503	46.77	2.98	$1,501
Feb 2017	0	420	50.45	2.95	$1,240
Jan 2017	0	475	49.41	3.42	$1,624
Dec 2016	0	465	48.76	3.72	$1,731
Nov 2016	0	479	42.49	2.64	$1,267
Oct 2016	0	513	46.19	3.09	$1,585
Sep 2016	0	503	41.55	3.10	$1,560
Aug 2016	0	606	41.44	2.92	$1,772
Jul 2016	0	335	41.62	2.92	$980
Jun 2016	0	565	45.35	2.69	$1,517
May 2016	0	594	42.52	1.99	$1,183
Apr 2016	0	601	36.56	1.99	$1,197
Mar 2016	0	682	33.01	1.79	$1,224
Feb 2016	0	542	26.47	2.06	$1,118
Jan 2016	0	757	27.35	2.36	$1,790
Dec 2015	0	640	32.36	2.00	$1,281
Nov 2015	0	643	38.79	2.17	$1,394
Oct 2015	0	699	43.55	2.43	$1,696
Sep 2015	0	713	42.99	2.76	$1,967
Aug 2015	0	820	40.16	2.87	$2,355
Jul 2015	0	788	48.15	2.95	$2,321
Jun 2015	0	1,288	56.15	2.88	$3,713
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	567	43.43	3.10	$1,758
Dec 2014	0	755	54.69	3.59	$2,711
Nov 2014	0	812	70.46	4.25	$3,452
Oct 2014	0	720	78.30	3.90	$2,809
Sep 2014	0	708	86.16	4.05	$2,864
Aug 2014	0	867	89.39	4.04	$3,498
Jul 2014	0	1,502	96.56	4.18	$6,278
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	76	95.94	4.81	$365
Mar 2014	0	792	95.89	5.06	$4,005
Feb 2014	0	923	97.40	6.19	$5,715
Jan 2014	0	672	90.40	4.86	$3,266
Dec 2013	0	1,737	91.82	4.35	$7,564
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	0	210	102.52	3.72	$781
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	111	94.83	4.15	$461
Apr 2013	0	201	93.96	4.28	$861
Mar 2013	0	167	93.62	3.91	$653
Feb 2013	0	836	91.23	3.42	$2,859
Jan 2013	0	325	91.60	3.42	$1,111
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	40	86.95	3.62	$145
Oct 2012	0	362	89.38	3.40	$1,231
Sep 2012	0	658	94.67	2.92	$1,920
Aug 2012	0	889	92.66	2.91	$2,585
Jul 2012	0	890	85.13	3.02	$2,689
Jun 2012	0	992	79.82	2.52	$2,499
May 2012	0	335	91.61	2.49	$834
Apr 2012	0	798	101.65	2.00	$1,593
Mar 2012	0	924	105.05	2.22	$2,053
Feb 2012	0	884	101.10	2.57	$2,272
Jan 2012	0	955	98.09	2.73	$2,611
Dec 2011	0	1,028	96.87	3.24	$3,330
Nov 2011	0	763	95.72	3.31	$2,527
Oct 2011	1	961	84.98	3.65	$3,591
Sep 2011	19	836	83.62	3.99	$4,921
Aug 2011	33	927	83.40	4.15	$6,599
Jul 2011	10	941	94.14	4.52	$5,192
Jun 2011	30	976	92.90	4.64	$7,316
May 2011	39	1,027	98.13	4.40	$8,351
Apr 2011	34	1,043	105.96	4.33	$8,122
Mar 2011	35	1,064	96.36	4.06	$7,690
Feb 2011	30	957	85.64	4.18	$6,569
Jan 2011	36	1,119	86.50	4.59	$8,249
Dec 2010	37	1,116	85.73	4.35	$8,024
Nov 2010	11	1,089	80.84	3.80	$5,022
Oct 2010	0	1,143	78.10	3.51	$4,011
Sep 2010	0	1,142	72.63	3.98	$4,545
Aug 2010	0	1,072	73.68	4.42	$4,738
Jul 2010	0	1,185	72.55	4.74	$5,613
Jun 2010	0	1,202	70.36	4.91	$5,902
May 2010	0	1,265	71.12	4.24	$5,358
Apr 2010	0	1,249	81.69	4.12	$5,149
Mar 2010	0	1,314	78.39	4.39	$5,767
Feb 2010	0	1,146	73.58	5.44	$6,237
Jan 2010	0	1,275	74.36	5.96	$7,604
Dec 2009	0	1,272	71.44	5.48	$6,975
Nov 2009	0	1,190	74.59	3.75	$4,464
Oct 2009	0	193	72.54	4.11	$793
Sep 2009	0	792	65.54	3.06	$2,427
Aug 2009	0	1,133	67.42	3.22	$3,647
Jul 2009	0	1,144	61.13	3.46	$3,963
Jun 2009	0	1,212	66.16	3.90	$4,721
May 2009	0	1,533	54.74	3.93	$6,018
Apr 2009	0	1,528	46.77	3.59	$5,482
Mar 2009	0	1,570	42.14	4.06	$6,373
Feb 2009	0	1,235	32.81	4.63	$5,722
Jan 2009	0	1,389	35.86	5.37	$7,460
Dec 2008	0	1,683	37.10	5.98	$10,060
Nov 2008	0	1,703	55.49	6.86	$11,683
Oct 2008	0	2,412	75.24	6.92	$16,696
Sep 2008	0	562	101.76	7.88	$4,427
Aug 2008	0	1,860	114.22	8.48	$15,778
Jul 2008	0	1,887	131.08	11.39	$21,492
Jun 2008	0	1,699	131.33	13.03	$22,142
May 2008	0	1,847	123.17	11.57	$21,378
Apr 2008	0	1,874	110.31	10.45	$19,592
Mar 2008	0	1,988	101.90	9.66	$19,212
Feb 2008	0	1,753	92.53	8.77	$15,375
Jan 2008	0	1,924	90.38	8.21	$15,788
Dec 2007	0	2,028	88.33	7.30	$14,808
Nov 2007	0	1,898	91.67	7.29	$13,840
Oct 2007	0	2,037	82.85	6.92	$14,100
Sep 2007	0	2,046	75.84	6.24	$12,776
Aug 2007	0	2,093	69.06	6.39	$13,370
Jul 2007	0	2,146	70.90	6.39	$13,709
Jun 2007	0	2,108	62.00	7.55	$15,912
May 2007	0	2,201	58.74	7.85	$17,270
Apr 2007	0	2,161	59.61	7.81	$16,867
Mar 2007	0	2,268	56.92	7.30	$16,561
Feb 2007	0	1,997	55.10	8.22	$16,407
Jan 2007	0	2,278	50.30	6.73	$15,324
Dec 2006	0	1,562	56.65	6.92	$10,807
Nov 2006	0	2,377	54.20	7.62	$18,107
Oct 2006	0	2,443	54.90	6.01	$14,692
Sep 2006	0	2,363	60.08	5.04	$11,903
Aug 2006	0	2,475	68.71	7.34	$18,166
Jul 2006	0	2,476	69.37	6.34	$15,705
Jun 2006	0	2,377	66.28	6.38	$15,174
May 2006	0	2,529	66.01	6.42	$16,249
Apr 2006	0	2,453	64.39	7.36	$18,055
Mar 2006	0	2,532	56.70	7.08	$17,934
Feb 2006	0	2,257	57.59	7.75	$17,494
Jan 2006	0	2,539	60.59	8.93	$22,682
Dec 2005	0	2,504	54.94	13.42	$33,592
Nov 2005	0	2,499	54.69	10.59	$26,460
Oct 2005	0	2,616	58.34	13.80	$36,090
Sep 2005	0	2,475	61.45	12.08	$29,896
Aug 2005	0	2,671	61.51	9.80	$26,167
Jul 2005	0	2,678	55.69	7.84	$21,005
Jun 2005	0	2,607	52.33	7.38	$19,242
May 2005	0	2,718	45.22	6.65	$18,078
Apr 2005	0	2,643	49.20	7.36	$19,454
Mar 2005	0	2,750	50.37	7.15	$19,676
Feb 2005	0	2,513	45.22	6.31	$15,862
Jan 2005	0	2,780	43.16	6.32	$17,576
Dec 2004	0	2,873	39.86	6.75	$19,396
Nov 2004	0	2,660	45.28	6.33	$16,839
Oct 2004	0	2,556	49.70	6.52	$16,653
Sep 2004	0	2,577	43.24	5.28	$13,617
Aug 2004	0	2,510	42.37	5.55	$13,932
Jul 2004	0	2,508	38.28	6.08	$15,259
Jun 2004	0	2,445	36.10	6.43	$15,729
May 2004	0	2,520	37.48	6.49	$16,366
Apr 2004	0	2,440	34.47	5.86	$14,295
Mar 2004	0	2,511	34.36	5.53	$13,886
Feb 2004	0	2,359	32.45	5.51	$12,997
Jan 2004	0	2,647	32.03	6.30	$16,675
Dec 2003	0	2,863	30.26	6.30	$18,042
Nov 2003	0	2,559	28.80	4.60	$11,759
Oct 2003	0	2,896	28.17	4.76	$13,784
Sep 2003	2	2,484	26.31	4.75	$11,850
Aug 2003	24	2,574	29.76	5.13	$13,918
Jul 2003	10	2,598	29.41	5.17	$13,728
Jun 2003	0	2,214	28.56	5.98	$13,246
May 2003	0	2,661	26.59	5.97	$15,893
Apr 2003	0	2,228	26.67	5.41	$12,047
Mar 2003	0	2,711	31.14	6.10	$16,526
Feb 2003	0	2,466	33.48	7.93	$19,545
Jan 2003	0	2,765	30.31	5.58	$15,434
Dec 2002	0	2,739	26.91	4.85	$13,294
Nov 2002	0	2,641	24.66	4.14	$10,926
Oct 2002	0	2,815	26.46	4.23	$11,905
Sep 2002	0	2,721	27.44	3.64	$9,891
Aug 2002	0	2,808	25.96	3.16	$8,885
Jul 2002	0	2,865	24.58	3.06	$8,772
Jun 2002	0	2,750	23.73	3.34	$9,180
May 2002	0	2,829	24.66	3.58	$10,139
Apr 2002	0	2,775	23.65	3.51	$9,747
Mar 2002	0	2,917	22.00	3.10	$9,051
Feb 2002	0	2,384	18.22	2.38	$5,664
Jan 2002	0	2,675	17.17	2.38	$6,355
Dec 2001	0	3,071	16.93	2.36	$7,261
Nov 2001	0	3,216	18.07	2.41	$7,736
Oct 2001	0	2,480	19.78	2.53	$6,272
Sep 2001	0	2,821	24.26	2.25	$6,351
Aug 2001	0	3,005	24.87	3.05	$9,175
Jul 2001	0	2,986	23.93	3.20	$9,546
Jun 2001	0	2,961	24.56	3.82	$11,323
May 2001	0	3,090	25.52	4.31	$13,310
Apr 2001	0	3,059	24.68	5.34	$16,321
Mar 2001	0	3,030	24.54	5.38	$16,291
Feb 2001	0	2,962	27.75	5.77	$17,082
Jan 2001	0	3,171	27.47	8.40	$26,632
Dec 2000	0	2,909	26.88	9.12	$26,537
Nov 2000	0	3,078	32.21	5.66	$17,415
Oct 2000	0	2,291	31.23	5.15	$11,788
Sep 2000	0	3,254	31.87	5.19	$16,877
Aug 2000	0	3,332	29.64	4.54	$15,130
Jul 2000	0	3,359	28.53	4.09	$13,737
Jun 2000	0	3,205	29.30	4.40	$14,093
May 2000	0	3,412	27.26	3.68	$12,555
Apr 2000	0	3,296	24.51	3.12	$10,270
Mar 2000	0	3,436	28.42	2.86	$9,826
Feb 2000	0	3,244	27.62	2.73	$8,845
Jan 2000	0	3,540	25.27	2.48	$8,781
Dec 1999	0	3,545	24.28	2.42	$8,592
Nov 1999	0	3,464	23.19	2.43	$8,431
Oct 1999	0	3,568	20.98	2.80	$10,004
Sep 1999	0	3,443	21.75	2.62	$9,017
Aug 1999	0	3,643	19.26	2.88	$10,476
Jul 1999	0	3,644	17.89	2.37	$8,645
Jun 1999	0	3,375	15.94	2.36	$7,972
May 1999	0	3,791	15.79	2.32	$8,799
Apr 1999	0	3,590	15.10	2.21	$7,927
Mar 1999	0	3,713	12.47	1.84	$6,826
Feb 1999	0	3,461	9.98	1.82	$6,291
Jan 1999	0	3,799	10.38	1.90	$7,218
Dec 1998	0	3,682	9.20	1.77	$6,529
Nov 1998	0	3,765	10.89	2.19	$8,229
Oct 1998	0	3,738	12.42	1.97	$7,361
Sep 1998	0	3,795	12.59	2.08	$7,904
Aug 1998	0	3,811	11.30	1.91	$7,269
Jul 1998	0	4,012	11.74	2.24	$8,976
Jun 1998	0	4,093	11.24	2.24	$9,157
May 1998	0	4,135	12.62	2.21	$9,123
Apr 1998	0	3,908	13.04	2.51	$9,791
Mar 1998	0	4,113	12.80	2.31	$9,499
Feb 1998	0	3,711	13.95	2.30	$8,532
Jan 1998	0	4,142	14.70	2.15	$8,925
Dec 1997	0	4,209	16.32	2.41	$10,148
Nov 1997	0	4,103	18.19	3.09	$12,671
Oct 1997	0	3,849	19.25	3.15	$12,124
Sep 1997	0	4,229	17.74	2.95	$12,496
Aug 1997	0	4,383	17.86	2.55	$11,197
Jul 1997	0	4,428	17.58	2.25	$9,949
Jun 1997	0	4,168	17.24	2.26	$9,408
May 1997	0	4,640	18.97	2.31	$10,711
Apr 1997	0	4,646	17.88	2.08	$9,677
Mar 1997	0	4,795	18.95	1.94	$9,298
Feb 1997	0	4,407	20.49	2.21	$9,721
Jan 1997	0	4,803	23.48	3.54	$17,001
Dec 1996	0	4,954	23.32	—	$0
Nov 1996	0	4,683	21.97	—	$0
Oct 1996	0	4,369	23.31	—	$0
Sep 1996	0	4,710	22.22	—	$0
Aug 1996	0	5,324	20.26	—	$0
Jul 1996	0	5,388	19.55	—	$0
Jun 1996	0	5,405	18.73	—	$0
May 1996	0	5,688	19.43	—	$0
Apr 1996	0	5,562	21.51	—	$0
Mar 1996	0	5,937	19.38	—	$0
Feb 1996	0	5,384	16.98	—	$0
Jan 1996	0	5,891	17.07	—	$0
Dec 1995	0	5,757	17.19	—	$0
Nov 1995	0	5,937	16.00	—	$0
Oct 1995	0	6,495	15.43	—	$0
Sep 1995	0	6,560	16.18	—	$0
Aug 1995	0	6,937	15.92	—	$0
Jul 1995	0	6,465	15.24	—	$0
Jun 1995	0	7,489	16.41	—	$0
May 1995	0	6,963	17.56	—	$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.

Jan 2023 — as filed, then multipliedworked

Condensate             0 bbl  × $ 76.53 =         $0
Gas                    1 Mcf  × $  3.39 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/154682 is the state's own key, not one this site invented.