UNIVERSITY -A-

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

Operated by WALSH & WATTS, INC. (P-5 895060) in the BLOCK 31 (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20041District 08Field 09358450Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.5 M

Jan 1993 – Dec 2022

Value, last 12 filed months

at the published price for each month

Months reported

360

no gaps in the span

Streams

oil, casinghead gas

The BLOCK 31 (DEVONIAN) 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 87 leases and 441 wells, and the rule below applies to all of them.

Discovered

1945-10-27

as the register files it

Field class

Oil and gas

the register's own label

Between wells

800 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1988-12-12.

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: “FORMULA IS SUSPENDED AND ALL OVERPRODUCTION IS CANCELLED.”

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	54,424 bbl	$2,278,209
Casinghead gas	Production	140,278 Mcf	$200,580
Total			$2,478,789

92,746 Mcf of this lease's gas, across 44 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 31.4792, -102.4775. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.47920, -102.47751 · 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

9,160 ft

2 wells filed one

Completion to plug

18.8 years

median over 2 wells

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 9,120 and 9,200 ft, median 9,160 ft, over the 2 wells that filed a depth.

Completions filed

Nov 1988 – Dec 1995

2 of 2 wells

Plug dates filed

Feb 2001 – Feb 2021

2 of 2 wells

Last completion to plug: a median of 18.8 years across the 2 wells that filed both dates, with the middle half between 11.9 years and 25.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-10334378	2	9,200 ft	Dec 1995	Feb 2001	Yes
42-10310864	1	9,120 ft	Nov 1988	Feb 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 (360)

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

360 months


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	1	0	38.77	2.71	$39
Oct 2020	101	0	36.97	2.48	$3,734
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	168	0	57.25	2.09	$9,618
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	177	0	53.47	2.42	$9,464
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	0	52.78	2.49	$0
May 2019	173	0	58.48	2.74	$10,117
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	185	0	50.85	2.79	$9,407
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	168	0	52.93	4.24	$8,892
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	169	0	59.54	3.11	$10,062
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	171	0	60.18	3.08	$10,291
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	180	0	61.22	2.79	$11,020
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	186	0	62.87	4.01	$11,694
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	173	0	49.29	2.98	$8,527
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	179	0	43.87	3.09	$7,853
Jun 2017	0	0	42.49	3.09	$0
May 2017	183	0	45.37	3.26	$8,303
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	382	0	48.76	3.72	$18,626
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	179	0	41.62	2.92	$7,450
Jun 2016	0	0	45.35	2.69	$0
May 2016	178	0	42.52	1.99	$7,569
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	177	96	26.47	2.06	$4,883
Jan 2016	0	131	27.35	2.36	$310
Dec 2015	176	72	32.36	2.00	$5,839
Nov 2015	0	26	38.79	2.17	$56
Oct 2015	0	8	43.55	2.43	$19
Sep 2015	181	54	42.99	2.76	$7,930
Aug 2015	169	56	40.16	2.87	$6,948
Jul 2015	0	111	48.15	2.95	$327
Jun 2015	0	102	56.15	2.88	$294
May 2015	176	94	55.21	2.96	$9,995
Apr 2015	0	115	49.82	2.71	$311
Mar 2015	180	89	42.89	2.93	$7,981
Feb 2015	0	125	44.66	2.98	$372
Jan 2015	0	127	43.43	3.10	$394
Dec 2014	179	70	54.69	3.59	$10,041
Nov 2014	193	74	70.46	4.25	$13,913
Oct 2014	0	116	78.30	3.90	$453
Sep 2014	177	144	86.16	4.05	$15,833
Aug 2014	0	161	89.39	4.04	$650
Jul 2014	178	159	96.56	4.18	$17,852
Jun 2014	0	108	98.16	4.74	$512
May 2014	186	107	94.73	4.73	$18,126
Apr 2014	178	96	95.94	4.81	$17,539
Mar 2014	182	153	95.89	5.06	$18,226
Feb 2014	0	137	97.40	6.19	$848
Jan 2014	181	87	90.40	4.86	$16,785
Dec 2013	182	122	91.82	4.35	$17,242
Nov 2013	0	136	88.85	3.74	$508
Oct 2013	176	156	97.42	3.78	$17,736
Sep 2013	181	136	104.11	3.72	$19,350
Aug 2013	177	145	104.25	3.52	$18,963
Jul 2013	179	135	102.52	3.72	$18,853
Jun 2013	176	132	94.40	3.93	$17,134
May 2013	0	129	94.83	4.15	$535
Apr 2013	176	114	93.96	4.28	$17,025
Mar 2013	0	111	93.62	3.91	$434
Feb 2013	360	45	91.23	3.42	$32,997
Jan 2013	0	113	91.60	3.42	$386
Dec 2012	181	109	86.77	3.42	$16,078
Nov 2012	179	113	86.95	3.62	$15,974
Oct 2012	0	110	89.38	3.40	$374
Sep 2012	180	128	94.67	2.92	$17,414
Aug 2012	181	100	92.66	2.91	$17,062
Jul 2012	171	101	85.13	3.02	$14,862
Jun 2012	176	49	79.82	2.52	$14,172
May 2012	0	93	91.61	2.49	$231
Apr 2012	0	19	101.65	2.00	$38
Mar 2012	179	83	105.05	2.22	$18,988
Feb 2012	178	81	101.10	2.57	$18,204
Jan 2012	178	93	98.09	2.73	$17,714
Dec 2011	168	95	96.87	3.24	$16,582
Nov 2011	174	103	95.72	3.31	$16,996
Oct 2011	177	92	84.98	3.65	$15,377
Sep 2011	0	109	83.62	3.99	$434
Aug 2011	169	133	83.40	4.15	$14,646
Jul 2011	166	170	94.14	4.52	$16,395
Jun 2011	172	165	92.90	4.64	$16,744
May 2011	167	164	98.13	4.40	$17,110
Apr 2011	173	72	105.96	4.33	$18,643
Mar 2011	172	152	96.36	4.06	$17,191
Feb 2011	176	109	85.64	4.18	$15,528
Jan 2011	0	133	86.50	4.59	$610
Dec 2010	355	136	85.73	4.35	$31,025
Nov 2010	0	138	80.84	3.80	$524
Oct 2010	172	149	78.10	3.51	$13,956
Sep 2010	343	150	72.63	3.98	$25,509
Aug 2010	0	154	73.68	4.42	$681
Jul 2010	350	151	72.55	4.74	$26,108
Jun 2010	180	158	70.36	4.91	$13,441
May 2010	0	173	71.12	4.24	$733
Apr 2010	356	166	81.69	4.12	$29,766
Mar 2010	179	153	78.39	4.39	$14,703
Feb 2010	180	148	73.58	5.44	$14,050
Jan 2010	0	26	74.36	5.96	$155
Dec 2009	174	80	71.44	5.48	$12,869
Nov 2009	174	146	74.59	3.75	$13,526
Oct 2009	177	144	72.54	4.11	$13,431
Sep 2009	0	145	65.54	3.06	$444
Aug 2009	176	155	67.42	3.22	$12,365
Jul 2009	342	172	61.13	3.46	$21,502
Jun 2009	0	123	66.16	3.90	$479
May 2009	182	146	54.74	3.93	$10,536
Apr 2009	167	138	46.77	3.59	$8,306
Mar 2009	174	82	42.14	4.06	$7,665
Feb 2009	176	99	32.81	4.63	$6,233
Jan 2009	182	108	35.86	5.37	$7,107
Dec 2008	183	109	37.10	5.98	$7,441
Nov 2008	0	88	55.49	6.86	$604
Oct 2008	354	124	75.24	6.92	$27,493
Sep 2008	172	63	101.76	7.88	$17,999
Aug 2008	181	126	114.22	8.48	$21,743
Jul 2008	0	123	131.08	11.39	$1,401
Jun 2008	174	156	131.33	13.03	$24,885
May 2008	175	194	123.17	11.57	$23,800
Apr 2008	175	158	110.31	10.45	$20,956
Mar 2008	175	63	101.90	9.66	$18,441
Feb 2008	354	84	92.53	8.77	$33,492
Jan 2008	0	61	90.38	8.21	$501
Dec 2007	178	28	88.33	7.30	$15,927
Nov 2007	0	46	91.67	7.29	$335
Oct 2007	172	81	82.85	6.92	$14,811
Sep 2007	173	71	75.84	6.24	$13,564
Aug 2007	168	127	69.06	6.39	$12,413
Jul 2007	0	140	70.90	6.39	$894
Jun 2007	360	126	62.00	7.55	$23,271
May 2007	0	122	58.74	7.85	$957
Apr 2007	179	105	59.61	7.81	$11,490
Mar 2007	172	94	56.92	7.30	$10,477
Feb 2007	0	51	55.10	8.22	$419
Jan 2007	176	21	50.30	6.73	$8,994
Dec 2006	180	40	56.65	6.92	$10,474
Nov 2006	0	24	54.20	7.62	$183
Oct 2006	181	36	54.90	6.01	$10,153
Sep 2006	180	18	60.08	5.04	$10,905
Aug 2006	3	25	68.71	7.34	$390
Jul 2006	171	25	69.37	6.34	$12,021
Jun 2006	1	5	66.28	6.38	$98
May 2006	0	37	66.01	6.42	$238
Apr 2006	3	44	64.39	7.36	$517
Mar 2006	1	117	56.70	7.08	$885
Feb 2006	0	40	57.59	7.75	$310
Jan 2006	177	126	60.59	8.93	$11,850
Dec 2005	181	145	54.94	13.42	$11,889
Nov 2005	362	161	54.69	10.59	$21,503
Oct 2005	180	189	58.34	13.80	$13,109
Sep 2005	189	168	61.45	12.08	$13,643
Aug 2005	180	221	61.51	9.80	$13,237
Jul 2005	353	233	55.69	7.84	$21,486
Jun 2005	140	276	52.33	7.38	$9,363
May 2005	177	256	45.22	6.65	$9,707
Apr 2005	368	264	49.20	7.36	$20,049
Mar 2005	175	230	50.37	7.15	$10,460
Feb 2005	357	226	45.22	6.31	$17,570
Jan 2005	179	244	43.16	6.32	$9,268
Dec 2004	358	210	39.86	6.75	$15,688
Nov 2004	188	226	45.28	6.33	$9,943
Oct 2004	178	250	49.70	6.52	$10,475
Sep 2004	359	244	43.24	5.28	$16,812
Aug 2004	343	279	42.37	5.55	$16,082
Jul 2004	182	295	38.28	6.08	$8,762
Jun 2004	178	293	36.10	6.43	$8,311
May 2004	181	292	37.48	6.49	$8,680
Apr 2004	345	267	34.47	5.86	$13,456
Mar 2004	183	239	34.36	5.53	$7,610
Feb 2004	358	238	32.45	5.51	$12,928
Jan 2004	184	240	32.03	6.30	$7,405
Dec 2003	177	210	30.26	6.30	$6,679
Nov 2003	182	265	28.80	4.60	$6,459
Oct 2003	362	269	28.17	4.76	$11,478
Sep 2003	367	272	26.31	4.75	$10,948
Aug 2003	178	281	29.76	5.13	$6,739
Jul 2003	177	277	29.41	5.17	$6,638
Jun 2003	177	252	28.56	5.98	$6,563
May 2003	351	299	26.59	5.97	$11,119
Apr 2003	0	271	26.67	5.41	$1,465
Mar 2003	358	265	31.14	6.10	$12,764
Feb 2003	176	259	33.48	7.93	$7,945
Jan 2003	368	260	30.31	5.58	$12,605
Dec 2002	182	273	26.91	4.85	$6,223
Nov 2002	183	268	24.66	4.14	$5,621
Oct 2002	369	298	26.46	4.23	$11,024
Sep 2002	183	278	27.44	3.64	$6,032
Aug 2002	188	254	25.96	3.16	$5,684
Jul 2002	378	347	24.58	3.06	$10,354
Jun 2002	185	316	23.73	3.34	$5,445
May 2002	372	326	24.66	3.58	$10,342
Apr 2002	165	323	23.65	3.51	$5,037
Mar 2002	179	334	22.00	3.10	$4,974
Feb 2002	180	295	18.22	2.38	$3,980
Jan 2002	374	266	17.17	2.38	$7,054
Dec 2001	189	278	16.93	2.36	$3,857
Nov 2001	369	280	18.07	2.41	$7,341
Oct 2001	186	306	19.78	2.53	$4,453
Sep 2001	187	314	24.26	2.25	$5,244
Aug 2001	369	343	24.87	3.05	$10,224
Jul 2001	186	363	23.93	3.20	$5,612
Jun 2001	187	345	24.56	3.82	$5,912
May 2001	364	346	25.52	4.31	$10,780
Apr 2001	182	297	24.68	5.34	$6,076
Mar 2001	172	344	24.54	5.38	$6,070
Feb 2001	352	309	27.75	5.77	$11,550
Jan 2001	175	338	27.47	8.40	$7,646
Dec 2000	351	333	26.88	9.12	$12,473
Nov 2000	172	347	32.21	5.66	$7,503
Oct 2000	172	341	31.23	5.15	$7,126
Sep 2000	347	358	31.87	5.19	$12,916
Aug 2000	174	385	29.64	4.54	$6,906
Jul 2000	334	377	28.53	4.09	$11,071
Jun 2000	344	391	29.30	4.40	$11,799
May 2000	172	357	27.26	3.68	$6,002
Apr 2000	175	305	24.51	3.12	$5,240
Mar 2000	175	81	28.42	2.86	$5,205
Feb 2000	0	29	27.62	2.73	$79
Jan 2000	0	38	25.27	2.48	$94
Dec 1999	349	421	24.28	2.42	$9,494
Nov 1999	345	427	23.19	2.43	$9,040
Oct 1999	171	461	20.98	2.80	$4,880
Sep 1999	353	464	21.75	2.62	$8,893
Aug 1999	181	493	19.26	2.88	$4,904
Jul 1999	346	503	17.89	2.37	$7,383
Jun 1999	179	495	15.94	2.36	$4,023
May 1999	175	506	15.79	2.32	$3,938
Apr 1999	354	488	15.10	2.21	$6,423
Mar 1999	524	499	12.47	1.84	$7,452
Feb 1999	0	449	9.98	1.82	$816
Jan 1999	359	510	10.38	1.90	$4,695
Dec 1998	360	533	9.20	1.77	$4,257
Nov 1998	352	418	10.89	2.19	$4,747
Oct 1998	161	625	12.42	1.97	$3,230
Sep 1998	352	629	12.59	2.08	$5,742
Aug 1998	358	677	11.30	1.91	$5,337
Jul 1998	346	60	11.74	2.24	$4,196
Jun 1998	0	8	11.24	2.24	$18
May 1998	344	1	12.62	2.21	$4,343
Apr 1998	340	566	13.04	2.51	$5,852
Mar 1998	347	674	12.80	2.31	$5,998
Feb 1998	350	615	13.95	2.30	$6,296
Jan 1998	173	661	14.70	2.15	$3,967
Dec 1997	346	632	16.32	2.41	$7,171
Nov 1997	349	581	18.19	3.09	$8,143
Oct 1997	343	18	19.25	3.15	$6,659
Sep 1997	0	4	17.74	2.95	$12
Aug 1997	338	35	17.86	2.55	$6,126
Jul 1997	434	150	17.58	2.25	$7,967
Jun 1997	335	372	17.24	2.26	$6,615
May 1997	343	178	18.97	2.31	$6,918
Apr 1997	0	413	17.88	2.08	$860
Mar 1997	325	563	18.95	1.94	$7,250
Feb 1997	341	428	20.49	2.21	$7,931
Jan 1997	352	520	23.48	3.54	$10,106
Dec 1996	339	768	23.32	—	$7,905
Nov 1996	178	951	21.97	—	$3,911
Oct 1996	345	1,075	23.31	—	$8,042
Sep 1996	507	1,101	22.22	—	$11,266
Aug 1996	342	1,268	20.26	—	$6,929
Jul 1996	363	1,469	19.55	—	$7,097
Jun 1996	349	1,372	18.73	—	$6,537
May 1996	532	1,574	19.43	—	$10,337
Apr 1996	357	669	21.51	—	$7,679
Mar 1996	727	2,123	19.38	—	$14,089
Feb 1996	177	450	16.98	—	$3,005
Jan 1996	0	113	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	1	0	15.43	—	$15
Sep 1995	1	0	16.18	—	$16
Aug 1995	355	603	15.92	—	$5,652
Jul 1995	0	1,598	15.24	—	$0
Jun 1995	0	1,380	16.41	—	$0
May 1995	0	1,646	17.56	—	$0
Apr 1995	358	1,517	17.73	—	$6,347
Mar 1995	0	1,442	16.44	—	$0
Feb 1995	0	1,318	16.58	—	$0
Jan 1995	352	1,723	15.92	—	$5,604
Dec 1994	0	1,782	15.03	—	$0
Nov 1994	0	1,838	15.90	—	$0
Oct 1994	347	1,639	15.58	—	$5,406
Sep 1994	0	2,157	15.29	—	$0
Aug 1994	0	2,362	16.13	—	$0
Jul 1994	171	2,462	17.56	—	$3,003
Jun 1994	338	2,048	17.09	—	$5,776
May 1994	0	1,447	15.88	—	$0
Apr 1994	0	2,155	14.14	—	$0
Mar 1994	335	2,421	12.46	—	$4,174
Feb 1994	0	2,288	12.50	—	$0
Jan 1994	0	2,591	12.66	—	$0
Dec 1993	0	2,741	12.33	—	$0
Nov 1993	160	2,849	14.49	—	$2,318
Oct 1993	170	3,102	15.85	—	$2,695
Sep 1993	0	2,974	15.03	—	$0
Aug 1993	366	3,521	15.66	—	$5,732
Jul 1993	0	3,732	15.46	—	$0
Jun 1993	0	3,806	16.79	—	$0
May 1993	187	3,784	17.68	—	$3,306
Apr 1993	178	4,060	18.05	—	$3,213
Mar 1993	358	4,253	18.14	—	$6,494
Feb 1993	0	4,008	17.90	—	$0
Jan 1993	336	4,566	16.93	—	$5,688

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.

Nov 2020 — as filed, then multipliedworked

Oil                    1 bbl  × $ 38.77 =        $39
Casinghead gas         0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                      $39

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/20041 is the state's own key, not one this site invented.