WADDELL TR A

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

Oil lease lease 16889District 08Field 78936600Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$16.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 9 leases and 53 wells, and the rule below applies to all of them.

Discovered
1962-05-02
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 40 acres.

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: DIAGONAL.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA19none

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.

StreamBasisVolumeValue
OilDisposition171,414 bbl$8,859,056
Casinghead gasProduction2,131,098 Mcf$7,715,992
Total$16,575,048

440,149 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 (43)

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 31.4727, -102.6886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 5.2 miles.

31.47608, -102.69303 · centre of the wells drawn, derived

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
93.0%
40 of 43 wells
With a plug date
30.2%
13 of 43 wells
Median depth
6,068 ft
42 wells filed one
Completion to plug
10.3 years
median over 11 wells

What the state filed about each well

On the RRC proration schedule
4093.0%
A plug date is filed
1330.2%
BothOn the schedule and plugged. Neither fact cancels the other.
1330.2%
NeitherNo plug date, and not on the schedule.
37.0%

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

Total depth in feet, 42 of 43 wells. Median 6,068 ft, with the middle half between 4,696 and 6,171 ft; the shallowest is 4,500 ft and the deepest 7,440 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 39 of 43 wells, Apr 1981 – Mar 2026. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1981 – Mar 2026
39 of 43 wells; 4 filed none
Plug dates filed
Jan 1999 – Mar 2026
13 of 43 wells; 30 filed none

Last completion to plug: a median of 10.3 years across the 11 wells that filed both dates, with the middle half between 6.1 years and 18.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

43 wells

42-103017953276,240 ftJan 2025Yes
42-103020776286,230 ftYes
42-10302277837Yes
42-10302342486,010 ftOct 2003Yes
42-103018383706,060 ftMar 2026Yes
42-10301813342 U6,040 ftMar 2026Yes
42-103019414846,160 ftFeb 2026Yes
42-103018113446,132 ftOct 2025
42-103323061153 L4,520 ftJun 2025Yes
42-1033204011184,650 ftMar 2025Yes
42-103020085586,175 ftOct 2024Jan 2026Yes
42-103017012316,159 ftMar 2024Yes
42-103100418816,075 ftOct 2023Yes
42-103019164576,091 ftOct 2023Yes
42-103019905406,160 ftJul 2023Yes
42-1033215211384,600 ftApr 2023Yes
42-1033205911214,650 ftMay 2022Yes
42-103018253577,440 ftApr 2022Yes
42-1033538019564,833 ftApr 2022Yes
42-103019565016,185 ftSep 2021Yes
42-1033215111394,600 ftDec 2020Yes
42-1033205711194,650 ftApr 2019Dec 2024Yes
42-103017863186,175 ftFeb 2017Aug 2023Yes
42-1033235911725,010 ftAug 2016
42-103019054466,090 ftJan 2016Aug 2016Yes
42-103016932216,408 ftAug 2014Yes
42-1033553219804,927 ftMay 2014Aug 2024Yes
42-103020786296,291 ftFeb 2012Yes
42-103017723046,030 ftMay 2010Mar 2026Yes
42-103017662986,130 ftMar 2010Feb 2024Yes
42-1033537219544,868 ftJun 2008Yes
42-103017853176,200 ftOct 2006Yes
42-103017943266,060 ftSep 2005Nov 2025Yes
42-10301873414 U6,110 ftJun 2005Yes
42-103019394826,095 ftJun 2003Yes
42-103022923806,175 ftFeb 2001Jan 2025Yes
42-103323071152 L4,525 ftNov 1989Yes
42-103322851156 L4,550 ftNov 1989Yes
42-1033230511544,500 ftAug 1989Jan 1999Yes
42-103322861155 L4,550 ftJul 1989Yes
42-103320581120 L4,650 ftApr 1988Yes
42-1030230496,006 ftSep 1981Nov 2001Yes
42-103020686196,241 ftApr 1981

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20231281,14880.522.67$13,375
Jul 20234754,50274.852.64$47,447
Jun 20233808,06868.962.26$44,426
May 20233679,03770.622.23$46,047
Apr 20231713,19978.122.24$20,517
Mar 20231612,62172.852.39$18,001
Feb 20231643,08075.112.47$19,912
Jan 20232564,90576.533.39$36,208
Dec 20222031,90876.415.73$26,442
Nov 20221851,97885.005.65$26,893
Oct 20222943,90587.185.86$48,529
Sep 20222654,06384.888.16$55,662
Aug 20222964,60194.529.13$69,972
Jul 20221614,300101.587.54$48,785
Jun 20222973,647115.097.98$63,275
May 20224983,683109.378.43$85,525
Apr 20224482,796104.226.84$65,808
Mar 2022489268108.885.08$54,603
Feb 202257913491.054.86$53,369
Jan 20222,2417,39081.844.54$216,937
Dec 20211625771.323.90$11,776
Nov 20216624177.435.24$6,372
Oct 20219316779.795.71$8,375
Sep 202115231169.865.35$12,283
Aug 202117732566.024.22$13,057
Jul 202115023170.783.98$11,537
Jun 202113840869.493.38$10,969
May 20212411,66963.483.02$20,335
Apr 20212761,58060.362.76$21,018
Mar 20212711,59961.302.72$20,957
Feb 20211541,84957.805.55$19,159
Jan 20212173,41550.412.81$20,536
Dec 20202183,54544.642.68$19,216
Nov 20205242,00638.772.71$25,745
Oct 20205461,86336.972.48$24,803
Sep 20205441,53237.091.99$23,227
Aug 20204672,21439.982.39$23,951
Jul 20205582,96438.371.83$26,820
Jun 20206952,91534.901.69$29,183
May 20209944,18416.921.81$24,411
Apr 20204824,45514.751.80$15,148
Mar 20203622,64530.341.86$15,893
Feb 20203312,59849.881.98$21,656
Jan 20203682,95157.252.09$27,250
Dec 20193421,77459.012.30$24,269
Nov 20193091,27755.302.75$20,600
Oct 20192891,61853.472.42$19,366
Sep 20192681,52055.052.66$18,792
Aug 20192651,63453.112.30$17,839
Jul 20192361,85556.272.46$17,843
Jun 20192301,89052.782.49$16,848
May 20192542,47058.482.74$21,623
Apr 20192472,94062.632.75$23,557
Mar 20194953,14556.803.06$37,746
Feb 20193462,55850.852.79$24,737
Jan 20192782,37246.033.23$20,454
Dec 20182992,27346.594.19$23,444
Nov 20183074,09252.934.24$33,588
Oct 20183993,72661.443.40$37,176
Sep 20183773,68359.543.11$33,893
Aug 20183763,42959.403.07$32,850
Jul 20183263,48665.142.93$31,456
Jun 20183623,62260.183.08$32,930
May 20183474,23965.382.90$34,983
Apr 20183474,14563.842.90$34,176
Mar 20183064,73361.222.79$31,923
Feb 20183005,68161.782.77$34,248
Jan 20183405,97662.874.01$45,336
Dec 20173244,90457.272.92$32,883
Nov 20173233,93255.423.12$30,162
Oct 20173653,97649.292.98$29,854
Sep 20173724,22147.523.09$30,709
Aug 20173764,71945.373.00$31,237
Jul 20174214,63643.873.09$32,782
Jun 20174314,80742.493.09$33,154
May 20174615,53045.373.26$38,962
Apr 20174005,34847.933.21$36,348
Mar 20174645,73846.772.98$38,822
Feb 20174323,82650.452.95$33,091
Jan 20172344,19449.413.42$25,900
Dec 20163904,57548.763.72$36,048
Nov 20163924,61842.492.64$28,868
Oct 20164644,06446.193.09$33,991
Sep 20164295,01741.553.10$33,381
Aug 20164734,34641.442.92$32,310
Jul 20164245,86341.622.92$34,792
Jun 20167159,93945.352.69$59,120
May 201662610,34342.521.99$47,211
Apr 201665210,92436.561.99$45,587
Mar 201677210,60233.011.79$44,504
Feb 20166909,60226.472.06$38,079
Jan 20169368,36227.352.36$45,370
Dec 20158177,26632.362.00$40,980
Nov 20156577,01738.792.17$40,693
Oct 20154635,62543.552.43$33,813
Sep 20153984,63842.992.76$29,904
Aug 20153665,42140.162.87$30,270
Jul 20156307,38248.152.95$52,075
Jun 20156967,74856.152.88$61,417
May 20156909,63655.212.96$66,574
Apr 20156198,72049.822.71$54,440
Mar 20154885,96442.892.93$38,433
Feb 20154483,79344.662.98$31,296
Jan 20155052,96743.433.10$31,132
Dec 20146543,55754.693.59$48,542
Nov 20144855,01170.464.25$55,479
Oct 20144334,79378.303.90$52,601
Sep 20146455,24786.164.05$76,800
Aug 20147005,10489.394.04$83,168
Jul 20147205,23396.564.18$91,395
Jun 20146304,89498.164.74$85,023
May 20147115,85894.734.73$95,041
Apr 20146785,56295.944.81$91,796
Mar 20148116,11395.895.06$108,679
Feb 20146585,59497.406.19$98,727
Jan 20147738,35790.404.86$110,500
Dec 20137487,72391.824.35$102,311
Nov 20137526,93688.853.74$92,744
Oct 20138746,92797.423.78$111,325
Sep 20137997,216104.113.72$110,011
Aug 20137637,188104.253.52$104,863
Jul 20137637,410102.523.72$105,771
Jun 20136786,95894.403.93$91,372
May 20137928,02394.834.15$108,393
Apr 20136937,76293.964.28$98,356
Mar 20135836,88593.623.91$81,521
Feb 2013549091.233.42$50,085
Jan 20135708,24791.603.42$80,416
Dec 20126957,71986.773.42$86,705
Nov 20127477,51786.953.62$92,200
Oct 20126884,28889.383.40$76,071
Sep 20129477,11894.672.92$110,426
Aug 20121,4847,44392.662.91$159,153
Jul 20121,3627,11585.133.02$137,440
Jun 20121,3038,03779.822.52$124,251
May 20121,0927,34091.612.49$118,302
Apr 20126125,123101.652.00$72,439
Mar 20124695,379105.052.22$61,221
Feb 20124174,723101.102.57$54,298
Jan 20125261,60398.092.73$55,978
Dec 20115475,55796.873.24$70,991
Nov 20116155,60695.723.31$77,431
Oct 20115755,92884.983.65$70,492
Sep 20115225,25883.623.99$64,607
Aug 20115454,79883.404.15$65,361
Jul 20115495,51294.144.52$76,582
Jun 20114655,23292.904.64$67,474
May 20116004,55398.134.40$78,933
Apr 20116134,893105.964.33$86,156
Mar 20116314,95096.364.06$80,887
Feb 20116214,82585.644.18$73,351
Jan 20115285,75586.504.59$72,080
Dec 20104214,96985.734.35$57,696
Nov 20104044,80180.843.80$50,881
Oct 20105144,71678.103.51$56,691
Sep 20105024,38172.633.98$53,894
Aug 20107955,15473.684.42$81,353
Jul 20106715,77072.554.74$76,011
Jun 20107195,93670.364.91$79,737
May 20104135,67971.124.24$53,424
Apr 20104445,44781.694.12$58,727
Mar 20103985,61478.394.39$55,837
Feb 20104823,98173.585.44$57,132
Jan 20105274,47374.365.96$65,865
Dec 20094954,42671.445.48$59,634
Nov 20095195,06774.593.75$57,721
Oct 20096425,21572.544.11$68,006
Sep 20097055,46865.543.06$62,964
Aug 20098326,42267.423.22$76,763
Jul 20099817,27861.133.46$85,183
Jun 20097326,37466.163.90$73,256
May 20093525,79554.743.93$42,018
Apr 20093485,21946.773.59$34,999
Mar 20094014,77042.144.06$36,260
Feb 20093344,50632.814.63$31,835
Jan 20094124,35835.865.37$38,181
Dec 20085685,49937.105.98$53,941
Nov 20083084,07855.496.86$45,067
Oct 20083794,39575.246.92$58,938
Sep 20085396,715101.767.88$107,743
Aug 200857711,277114.228.48$161,568
Jul 200876912,393131.0811.39$241,950
Jun 20082464,577131.3313.03$91,958
May 20083446,195123.1711.57$114,073
Apr 20084135,580110.3110.45$103,896
Mar 20085096,616101.909.66$115,805
Feb 20083396,01392.538.77$84,105
Jan 20083796,76690.388.21$89,774
Dec 20073455,99388.337.30$74,235
Nov 20073747,01291.677.29$85,414
Oct 20073687,93682.856.92$85,422
Sep 20073375,60875.846.24$60,575
Aug 20073507,07569.066.39$69,366
Jul 20072436,08670.906.39$56,106
Jun 20073166,95462.007.55$72,084
May 200751111,79558.747.85$122,563
Apr 20072293,33559.617.81$39,681
Mar 20072443,23756.927.30$37,525
Feb 20072182,91955.108.22$35,994
Jan 20072613,09850.306.73$33,968
Dec 20062575,17256.656.92$50,341
Nov 20063013,09654.207.62$39,898
Oct 20063173,38454.906.01$37,754
Sep 20062933,19260.085.04$33,682
Aug 20064765,81968.717.34$75,417
Jul 20062293,25469.376.34$36,525
Jun 20062413,19166.286.38$36,344
May 20062544,27666.016.42$44,240
Apr 20062854,24464.397.36$49,589
Mar 20063453,62156.707.08$45,209
Feb 20063734,00357.597.75$52,509
Jan 20062814,33860.598.93$55,779
Dec 20053175,76554.9413.42$94,756
Nov 20052886,23154.6910.59$81,727
Oct 20052726,08558.3413.80$99,816
Sep 200523710,18561.4512.08$137,588
Aug 200525212,48561.519.80$137,814
Jul 200531323,44555.697.84$201,325
Jun 200535813,98752.337.38$121,973
May 20051,49923,11045.226.65$221,493
Apr 20051,20516,29249.207.36$179,203
Mar 20051,37213,44250.377.15$165,284
Feb 20053687,68245.226.31$65,129
Jan 20052564,31543.166.32$38,329
Dec 20042514,33839.866.75$39,291
Nov 20043944,49045.286.33$46,264
Oct 20044404,62049.706.52$51,968
Sep 20043384,21443.245.28$36,881
Aug 20043054,35242.375.55$37,079
Jul 20044188,69338.286.08$68,891
Jun 200450310,05536.106.43$82,842
May 200462210,87237.486.49$93,922
Apr 20046416,11934.475.86$57,943
Mar 20042313,96034.365.53$29,837
Feb 20042204,85532.455.51$33,888
Jan 20042614,01432.036.30$33,647
Dec 20032933,82930.266.30$32,995
Nov 20032223,32028.804.60$21,650
Oct 20032394,01228.174.76$25,828
Sep 20032024,13226.314.75$24,939
Aug 20032174,10629.765.13$27,521
Jul 20031933,91829.415.17$25,935
Jun 20031834,16128.565.98$30,122
May 20031854,05526.595.97$29,138
Apr 20032214,08026.675.41$27,956
Mar 20031665,39731.146.10$38,070
Feb 20031973,73333.487.93$36,183
Jan 20031923,95130.315.58$27,874
Dec 20021764,48626.914.85$26,510
Nov 20021224,62924.664.14$22,159
Oct 20021715,18926.464.23$26,470
Sep 20021904,71127.443.64$22,339
Aug 200227216,95625.963.16$60,713
Jul 200224014,06424.583.06$48,960
Jun 20021896,63323.733.34$26,628
May 20022297,86724.663.58$33,842
Apr 20022364,95223.653.51$22,974
Mar 20023584,57722.003.10$22,077
Feb 20023673,95518.222.38$16,083
Jan 20023264,40317.172.38$16,058
Dec 20012874,74016.932.36$16,066
Nov 20011614,65318.072.41$14,102
Oct 20011554,63919.782.53$14,797
Sep 20011724,76124.262.25$14,891
Aug 20012244,46224.873.05$19,194
Jul 20011825,07923.933.20$20,593
Jun 20012984,84024.563.82$25,828
May 20013725,17325.524.31$31,775
Apr 20013125,20324.685.34$35,460
Mar 20014217,84724.545.38$52,520
Feb 20013666,58027.755.77$48,104
Jan 200135012,46327.478.40$114,288
Dec 20003857,33926.889.12$77,299
Nov 20003174,78432.215.66$37,278
Oct 20002563,28631.235.15$24,903
Sep 20002654,37031.875.19$31,111
Aug 20002522,74529.644.54$19,934
Jul 20002463,61928.534.09$21,819
Jun 20002324,58929.304.40$26,977
May 20002714,45827.263.68$23,792
Apr 20002284,49824.513.12$19,604
Mar 20002644,90328.422.86$21,524
Feb 20002684,13527.622.73$18,676
Jan 20003454,35225.272.48$19,513
Dec 19993505,18924.282.42$21,075
Nov 19994095,40123.192.43$22,631
Oct 19994064,99120.982.80$22,511
Sep 19994174,95421.752.62$22,044
Aug 19993455,07519.262.88$21,238
Jul 19993845,14517.892.37$19,076
Jun 19993604,91815.942.36$17,355
May 19993814,53115.792.32$16,533
Apr 19993915,13415.102.21$17,240
Mar 19994175,47712.471.84$15,269
Feb 19993985,1889.981.82$13,403
Jan 19994005,64810.381.90$14,883
Dec 19983954,8549.201.77$12,242
Nov 19983584,87310.892.19$14,550
Oct 199831519,79312.421.97$42,889
Sep 19982576,01412.592.08$15,761
Aug 19982765,88011.301.91$14,334
Jul 19982884,58611.742.24$13,641
Jun 19982894,74011.242.24$13,853
May 19983627,41012.622.21$20,917
Apr 19982536,28813.042.51$19,053
Mar 19983505,57612.802.31$17,357
Feb 19982996,15613.952.30$18,324
Jan 19985044,85014.702.15$17,860
Dec 19972592,95916.322.41$11,361
Nov 19972874,12418.193.09$17,957
Oct 19972685,69519.253.15$23,097
Sep 19973814,22917.742.95$19,255
Aug 19972024,62317.862.55$15,418
Jul 19972285,04917.582.25$15,353
Jun 19973485,42317.242.26$18,240
May 19973735,24818.972.31$19,191
Apr 19973144,95517.882.08$15,934
Mar 19972874,87818.951.94$14,898
Feb 19973244,43620.492.21$16,424
Jan 19973605,63023.483.54$28,381
Dec 19963355,83123.32$7,812
Nov 19963405,51521.97$7,470
Oct 19964845,31023.31$11,282
Sep 19963575,25222.22$7,933
Aug 19963605,98820.26$7,294
Jul 19964356,25519.55$8,504
Jun 19964175,74818.73$7,810
May 19964185,99919.43$8,122
Apr 19963735,05221.51$8,023
Mar 19964737,42619.38$9,167
Feb 19964776,79416.98$8,099
Jan 19965078,64117.07$8,654
Dec 19955919,30817.19$10,159
Nov 19956507,67616.00$10,400
Oct 19955118,56715.43$7,885
Sep 19955978,83016.18$9,659
Aug 199577110,37215.92$12,274
Jul 19958698,89715.24$13,244
Jun 19956088,35116.41$9,977
May 19957059,42017.56$12,380
Apr 19956929,59617.73$12,269
Mar 19957069,46316.44$11,607
Feb 19955648,64116.58$9,351
Jan 19957619,45415.92$12,115
Dec 19947898,91515.03$11,859
Nov 19946699,17815.90$10,637
Oct 19947219,66015.58$11,233
Sep 19947149,93915.29$10,917
Aug 19947239,81416.13$11,662
Jul 19946889,58517.56$12,081
Jun 19946229,10117.09$10,630
May 19946139,54315.88$9,734
Apr 19947779,54314.14$10,987
Mar 199473710,95812.46$9,183
Feb 199473210,33612.50$9,150
Jan 199476810,29112.66$9,723
Dec 199386511,56212.33$10,665
Nov 199383210,27814.49$12,056
Oct 199390011,49615.85$14,265
Sep 199371312,24115.03$10,716
Aug 199391112,84415.66$14,266
Jul 199393512,00615.46$14,455
Jun 199376811,49016.79$12,895
May 19931,00511,61517.68$17,768
Apr 19931,13710,80718.05$20,523
Mar 19931,33711,65418.14$24,253
Feb 19931,16211,18317.90$20,800
Jan 19931,97613,72416.93$33,454

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.

Aug 2023 — as filed, then multipliedworked
Oil                  128 bbl  × $ 80.52 =    $10,307
Casinghead gas     1,148 Mcf  × $  2.67 =     $3,068

────────────────────────────────────────────────────
Month total                                  $13,375

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/16889 is the state's own key, not one this site invented.