GRAVES, M. L.

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

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16183District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$3.2 M

Jan 1993 – Aug 2022

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

356

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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	60,701 bbl	$3,000,034
Casinghead gas	Production	70,885 Mcf	$225,304
Total			$3,225,338

22,213 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 (2)

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 32.0978, -101.8050. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.09783, -101.80501 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

8,400 ft

2 wells filed one

Completion to plug

37.4 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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

Between 8,100 and 8,700 ft, median 8,400 ft, over the 2 wells that filed a depth.

Completions filed

Dec 1984

1 of 2 wells; 1 filed none

Plug dates filed

Oct 1984 – May 2022

2 of 2 wells

Last completion to plug: a median of 37.4 years across the 1 well that filed both dates, with the middle half between 37.4 years and 37.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-31700077	1	8,100 ft	—	Oct 1984	Yes
42-31732963	2	8,700 ft	Dec 1984	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 (356)

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

356 months


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	85	0	109.37	8.43	$9,296
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	86	0	79.79	5.71	$6,862
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	181	0	66.02	4.22	$11,950
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	312	0	39.98	2.39	$12,474
Jul 2020	1	0	38.37	1.83	$38
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	173	0	57.25	2.09	$9,904
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	503	0	55.05	2.66	$27,690
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	169	0	56.27	2.46	$9,510
Jun 2019	185	17	52.78	2.49	$9,807
May 2019	177	37	58.48	2.74	$10,452
Apr 2019	179	14	62.63	2.75	$11,249
Mar 2019	174	0	56.80	3.06	$9,883
Feb 2019	341	13	50.85	2.79	$17,376
Jan 2019	0	23	46.03	3.23	$74
Dec 2018	0	10	46.59	4.19	$42
Nov 2018	175	31	52.93	4.24	$9,394
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	175	0	59.54	3.11	$10,420
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	165	17	60.18	3.08	$9,982
May 2018	189	39	65.38	2.90	$12,470
Apr 2018	190	38	63.84	2.90	$12,240
Mar 2018	362	63	61.22	2.79	$22,337
Feb 2018	338	53	61.78	2.77	$21,028
Jan 2018	0	35	62.87	4.01	$140
Dec 2017	183	35	57.27	2.92	$10,583
Nov 2017	176	31	55.42	3.12	$9,851
Oct 2017	171	61	49.29	2.98	$8,611
Sep 2017	143	61	47.52	3.09	$6,984
Aug 2017	347	61	45.37	3.00	$15,927
Jul 2017	0	61	43.87	3.09	$188
Jun 2017	348	61	42.49	3.09	$14,975
May 2017	173	61	45.37	3.26	$8,048
Apr 2017	174	61	47.93	3.21	$8,536
Mar 2017	178	61	46.77	2.98	$8,507
Feb 2017	167	61	50.45	2.95	$8,605
Jan 2017	172	61	49.41	3.42	$8,707
Dec 2016	175	61	48.76	3.72	$8,760
Nov 2016	341	61	42.49	2.64	$14,650
Oct 2016	0	61	46.19	3.09	$189
Sep 2016	0	61	41.55	3.10	$189
Aug 2016	183	61	41.44	2.92	$7,762
Jul 2016	163	61	41.62	2.92	$6,962
Jun 2016	0	61	45.35	2.69	$164
May 2016	170	61	42.52	1.99	$7,350
Apr 2016	1	61	36.56	1.99	$158
Mar 2016	158	61	33.01	1.79	$5,325
Feb 2016	0	61	26.47	2.06	$126
Jan 2016	173	61	27.35	2.36	$4,876
Dec 2015	0	61	32.36	2.00	$122
Nov 2015	177	61	38.79	2.17	$6,998
Oct 2015	169	61	43.55	2.43	$7,508
Sep 2015	0	61	42.99	2.76	$168
Aug 2015	0	61	40.16	2.87	$175
Jul 2015	166	61	48.15	2.95	$8,173
Jun 2015	177	61	56.15	2.88	$10,114
May 2015	0	61	55.21	2.96	$180
Apr 2015	188	61	49.82	2.71	$9,531
Mar 2015	0	61	42.89	2.93	$179
Feb 2015	172	61	44.66	2.98	$7,863
Jan 2015	172	116	43.43	3.10	$7,830
Dec 2014	170	103	54.69	3.59	$9,667
Nov 2014	171	80	70.46	4.25	$12,389
Oct 2014	346	105	78.30	3.90	$27,501
Sep 2014	182	83	86.16	4.05	$16,017
Aug 2014	184	72	89.39	4.04	$16,738
Jul 2014	340	121	96.56	4.18	$33,336
Jun 2014	165	84	98.16	4.74	$16,594
May 2014	177	81	94.73	4.73	$17,150
Apr 2014	167	90	95.94	4.81	$16,455
Mar 2014	352	82	95.89	5.06	$34,168
Feb 2014	148	79	97.40	6.19	$14,904
Jan 2014	347	80	90.40	4.86	$31,758
Dec 2013	176	97	91.82	4.35	$16,583
Nov 2013	361	120	88.85	3.74	$32,523
Oct 2013	173	132	97.42	3.78	$17,353
Sep 2013	170	115	104.11	3.72	$18,126
Aug 2013	352	118	104.25	3.52	$37,112
Jul 2013	349	139	102.52	3.72	$36,296
Jun 2013	353	171	94.40	3.93	$33,996
May 2013	172	140	94.83	4.15	$16,892
Apr 2013	349	160	93.96	4.28	$33,477
Mar 2013	171	156	93.62	3.91	$16,619
Feb 2013	344	136	91.23	3.42	$31,848
Jan 2013	174	137	91.60	3.42	$16,407
Dec 2012	340	138	86.77	3.42	$29,974
Nov 2012	178	125	86.95	3.62	$15,930
Oct 2012	176	61	89.38	3.40	$15,938
Sep 2012	170	61	94.67	2.92	$16,272
Aug 2012	173	61	92.66	2.91	$16,208
Jul 2012	347	61	85.13	3.02	$29,724
Jun 2012	172	162	79.82	2.52	$14,137
May 2012	186	166	91.61	2.49	$17,453
Apr 2012	309	163	101.65	2.00	$31,735
Mar 2012	174	169	105.05	2.22	$18,654
Feb 2012	173	99	101.10	2.57	$17,745
Jan 2012	187	61	98.09	2.73	$18,510
Dec 2011	181	61	96.87	3.24	$17,731
Nov 2011	172	81	95.72	3.31	$16,732
Oct 2011	169	166	84.98	3.65	$14,967
Sep 2011	170	157	83.62	3.99	$14,841
Aug 2011	346	200	83.40	4.15	$29,686
Jul 2011	0	98	94.14	4.52	$443
Jun 2011	172	200	92.90	4.64	$16,907
May 2011	339	208	98.13	4.40	$34,182
Apr 2011	169	109	105.96	4.33	$18,380
Mar 2011	171	152	96.36	4.06	$17,094
Feb 2011	172	134	85.64	4.18	$15,290
Jan 2011	181	160	86.50	4.59	$16,391
Dec 2010	351	161	85.73	4.35	$30,791
Nov 2010	179	61	80.84	3.80	$14,702
Oct 2010	166	61	78.10	3.51	$13,179
Sep 2010	168	105	72.63	3.98	$12,620
Aug 2010	169	85	73.68	4.42	$12,828
Jul 2010	178	134	72.55	4.74	$13,549
Jun 2010	166	175	70.36	4.91	$12,539
May 2010	173	177	71.12	4.24	$13,053
Apr 2010	170	147	81.69	4.12	$14,493
Mar 2010	339	177	78.39	4.39	$27,351
Feb 2010	179	159	73.58	5.44	$14,036
Jan 2010	180	197	74.36	5.96	$14,560
Dec 2009	170	168	71.44	5.48	$13,066
Nov 2009	169	186	74.59	3.75	$13,303
Oct 2009	339	193	72.54	4.11	$25,384
Sep 2009	180	214	65.54	3.06	$12,453
Aug 2009	178	207	67.42	3.22	$12,667
Jul 2009	176	215	61.13	3.46	$11,504
Jun 2009	177	208	66.16	3.90	$12,520
May 2009	176	206	54.74	3.93	$10,443
Apr 2009	179	189	46.77	3.59	$9,050
Mar 2009	177	194	42.14	4.06	$8,246
Feb 2009	177	171	32.81	4.63	$6,600
Jan 2009	356	165	35.86	5.37	$13,652
Dec 2008	181	160	37.10	5.98	$7,671
Nov 2008	180	171	55.49	6.86	$11,161
Oct 2008	183	186	75.24	6.92	$15,056
Sep 2008	178	161	101.76	7.88	$19,381
Aug 2008	170	200	114.22	8.48	$21,114
Jul 2008	178	210	131.08	11.39	$25,724
Jun 2008	167	216	131.33	13.03	$24,747
May 2008	178	217	123.17	11.57	$24,436
Apr 2008	347	202	110.31	10.45	$40,389
Mar 2008	168	211	101.90	9.66	$19,158
Feb 2008	181	189	92.53	8.77	$18,406
Jan 2008	169	159	90.38	8.21	$16,579
Dec 2007	336	213	88.33	7.30	$31,234
Nov 2007	0	111	91.67	7.29	$809
Oct 2007	169	208	82.85	6.92	$15,441
Sep 2007	353	216	75.84	6.24	$28,120
Aug 2007	0	207	69.06	6.39	$1,322
Jul 2007	313	202	70.90	6.39	$23,482
Jun 2007	137	200	62.00	7.55	$10,004
May 2007	175	207	58.74	7.85	$11,904
Apr 2007	165	200	59.61	7.81	$11,397
Mar 2007	340	206	56.92	7.30	$20,857
Feb 2007	159	171	55.10	8.22	$10,166
Jan 2007	175	175	50.30	6.73	$9,980
Dec 2006	166	186	56.65	6.92	$10,691
Nov 2006	320	202	54.20	7.62	$18,883
Oct 2006	180	215	54.90	6.01	$11,175
Sep 2006	177	211	60.08	5.04	$11,697
Aug 2006	167	224	68.71	7.34	$13,119
Jul 2006	168	233	69.37	6.34	$13,132
Jun 2006	167	233	66.28	6.38	$12,556
May 2006	336	237	66.01	6.42	$23,702
Apr 2006	169	232	64.39	7.36	$12,590
Mar 2006	173	217	56.70	7.08	$11,346
Feb 2006	183	198	57.59	7.75	$12,074
Jan 2006	172	192	60.59	8.93	$12,137
Dec 2005	170	210	54.94	13.42	$12,157
Nov 2005	339	185	54.69	10.59	$20,499
Oct 2005	166	81	58.34	13.80	$10,802
Sep 2005	171	196	61.45	12.08	$12,875
Aug 2005	172	271	61.51	9.80	$13,235
Jul 2005	171	281	55.69	7.84	$11,727
Jun 2005	169	273	52.33	7.38	$10,859
May 2005	338	272	45.22	6.65	$17,093
Apr 2005	173	270	49.20	7.36	$10,499
Mar 2005	177	275	50.37	7.15	$10,883
Feb 2005	178	256	45.22	6.31	$9,665
Jan 2005	164	251	43.16	6.32	$8,665
Dec 2004	166	230	39.86	6.75	$8,170
Nov 2004	163	241	45.28	6.33	$8,906
Oct 2004	345	256	49.70	6.52	$18,814
Sep 2004	175	265	43.24	5.28	$8,967
Aug 2004	169	267	42.37	5.55	$8,643
Jul 2004	168	298	38.28	6.08	$8,244
Jun 2004	157	291	36.10	6.43	$7,540
May 2004	165	270	37.48	6.49	$7,938
Apr 2004	180	251	34.47	5.86	$7,675
Mar 2004	359	214	34.36	5.53	$13,519
Feb 2004	182	195	32.45	5.51	$6,980
Jan 2004	173	185	32.03	6.30	$6,707
Dec 2003	173	210	30.26	6.30	$6,558
Nov 2003	175	224	28.80	4.60	$6,069
Oct 2003	154	246	28.17	4.76	$5,509
Sep 2003	169	252	26.31	4.75	$5,643
Aug 2003	166	283	29.76	5.13	$6,392
Jul 2003	179	271	29.41	5.17	$6,666
Jun 2003	174	272	28.56	5.98	$6,597
May 2003	325	270	26.59	5.97	$10,254
Apr 2003	171	257	26.67	5.41	$5,950
Mar 2003	172	233	31.14	6.10	$6,776
Feb 2003	160	196	33.48	7.93	$6,910
Jan 2003	156	215	30.31	5.58	$5,929
Dec 2002	156	228	26.91	4.85	$5,305
Nov 2002	351	275	24.66	4.14	$9,793
Oct 2002	177	247	26.46	4.23	$5,728
Sep 2002	0	218	27.44	3.64	$792
Aug 2002	169	269	25.96	3.16	$5,238
Jul 2002	158	277	24.58	3.06	$4,732
Jun 2002	161	275	23.73	3.34	$4,739
May 2002	157	288	24.66	3.58	$4,904
Apr 2002	170	253	23.65	3.51	$4,909
Mar 2002	0	243	22.00	3.10	$754
Feb 2002	166	219	18.22	2.38	$3,545
Jan 2002	155	224	17.17	2.38	$3,194
Dec 2001	163	206	16.93	2.36	$3,247
Nov 2001	149	267	18.07	2.41	$3,335
Oct 2001	163	334	19.78	2.53	$4,069
Sep 2001	161	357	24.26	2.25	$4,710
Aug 2001	156	353	24.87	3.05	$4,957
Jul 2001	145	360	23.93	3.20	$4,621
Jun 2001	154	372	24.56	3.82	$5,205
May 2001	141	381	25.52	4.31	$5,239
Apr 2001	158	324	24.68	5.34	$5,628
Mar 2001	168	316	24.54	5.38	$5,822
Feb 2001	161	283	27.75	5.77	$6,100
Jan 2001	172	274	27.47	8.40	$7,026
Dec 2000	144	248	26.88	9.12	$6,133
Nov 2000	93	293	32.21	5.66	$4,653
Oct 2000	169	329	31.23	5.15	$6,971
Sep 2000	151	326	31.87	5.19	$6,503
Aug 2000	164	335	29.64	4.54	$6,382
Jul 2000	144	344	28.53	4.09	$5,515
Jun 2000	157	366	29.30	4.40	$6,209
May 2000	168	367	27.26	3.68	$5,930
Apr 2000	160	356	24.51	3.12	$5,031
Mar 2000	304	334	28.42	2.86	$9,595
Feb 2000	175	285	27.62	2.73	$5,611
Jan 2000	173	287	25.27	2.48	$5,084
Dec 1999	174	290	24.28	2.42	$4,928
Nov 1999	150	304	23.19	2.43	$4,218
Oct 1999	177	342	20.98	2.80	$4,672
Sep 1999	168	334	21.75	2.62	$4,529
Aug 1999	148	343	19.26	2.88	$3,837
Jul 1999	137	347	17.89	2.37	$3,274
Jun 1999	156	327	15.94	2.36	$3,259
May 1999	139	346	15.79	2.32	$2,998
Apr 1999	137	323	15.10	2.21	$2,782
Mar 1999	142	271	12.47	1.84	$2,269
Feb 1999	164	263	9.98	1.82	$2,115
Jan 1999	320	293	10.38	1.90	$3,878
Dec 1998	158	281	9.20	1.77	$1,952
Nov 1998	151	267	10.89	2.19	$2,228
Oct 1998	172	344	12.42	1.97	$2,814
Sep 1998	178	354	12.59	2.08	$2,978
Aug 1998	158	355	11.30	1.91	$2,463
Jul 1998	175	385	11.74	2.24	$2,916
Jun 1998	160	368	11.24	2.24	$2,622
May 1998	150	374	12.62	2.21	$2,718
Apr 1998	151	343	13.04	2.51	$2,828
Mar 1998	182	333	12.80	2.31	$3,099
Feb 1998	152	260	13.95	2.30	$2,718
Jan 1998	356	132	14.70	2.15	$5,518
Dec 1997	2	108	16.32	2.41	$293
Nov 1997	170	125	18.19	3.09	$3,478
Oct 1997	189	179	19.25	3.15	$4,202
Sep 1997	163	186	17.74	2.95	$3,441
Aug 1997	188	182	17.86	2.55	$3,823
Jul 1997	194	240	17.58	2.25	$3,950
Jun 1997	176	289	17.24	2.26	$3,687
May 1997	191	214	18.97	2.31	$4,117
Apr 1997	172	217	17.88	2.08	$3,527
Mar 1997	188	192	18.95	1.94	$3,935
Feb 1997	151	113	20.49	2.21	$3,343
Jan 1997	171	170	23.48	3.54	$4,617
Dec 1996	200	191	23.32	—	$4,664
Nov 1996	200	280	21.97	—	$4,394
Oct 1996	186	278	23.31	—	$4,336
Sep 1996	169	292	22.22	—	$3,755
Aug 1996	192	487	20.26	—	$3,890
Jul 1996	284	502	19.55	—	$5,552
Jun 1996	157	406	18.73	—	$2,941
May 1996	177	394	19.43	—	$3,439
Apr 1996	168	428	21.51	—	$3,614
Mar 1996	314	413	19.38	—	$6,085
Feb 1996	152	409	16.98	—	$2,581
Jan 1996	160	447	17.07	—	$2,731
Dec 1995	161	469	17.19	—	$2,768
Nov 1995	169	518	16.00	—	$2,704
Oct 1995	326	529	15.43	—	$5,030
Sep 1995	166	537	16.18	—	$2,686
Aug 1995	175	558	15.92	—	$2,786
Jul 1995	149	408	15.24	—	$2,271
Jun 1995	338	373	16.41	—	$5,547
May 1995	165	352	17.56	—	$2,897
Apr 1995	160	356	17.73	—	$2,837
Mar 1995	338	562	16.44	—	$5,557
Feb 1995	168	405	16.58	—	$2,785
Jan 1995	162	540	15.92	—	$2,579
Dec 1994	174	573	15.03	—	$2,615
Nov 1994	345	524	15.90	—	$5,486
Oct 1994	158	541	15.58	—	$2,462
Sep 1994	184	549	15.29	—	$2,813
Aug 1994	319	601	16.13	—	$5,145
Jul 1994	182	495	17.56	—	$3,196
Jun 1994	178	536	17.09	—	$3,042
May 1994	323	515	15.88	—	$5,129
Apr 1994	184	484	14.14	—	$2,602
Mar 1994	188	434	12.46	—	$2,342
Feb 1994	203	389	12.50	—	$2,538
Jan 1994	184	465	12.66	—	$2,329
Dec 1993	204	456	12.33	—	$2,515
Nov 1993	358	468	14.49	—	$5,187
Oct 1993	189	523	15.85	—	$2,996
Sep 1993	189	514	15.03	—	$2,841
Aug 1993	361	536	15.66	—	$5,653
Jul 1993	180	517	15.46	—	$2,783
Jun 1993	189	453	16.79	—	$3,173
May 1993	349	477	17.68	—	$6,170
Apr 1993	175	547	18.05	—	$3,159
Mar 1993	177	558	18.14	—	$3,211
Feb 1993	354	448	17.90	—	$6,337
Jan 1993	182	476	16.93	—	$3,081

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 2022 — as filed, then multipliedworked

Oil                   85 bbl  × $109.37 =     $9,296
Casinghead gas         0 Mcf  × $  8.43 =         $0

────────────────────────────────────────────────────
Month total                                   $9,296

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/O/16183 is the state's own key, not one this site invented.