BUCHANAN -K-

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

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 22840District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$3.3 M

Jan 1993 – May 2022

Value, last 12 filed months

at the published price for each month

Months reported

353

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	58,733 bbl	$2,350,786
Casinghead gas	Production	245,574 Mcf	$909,087
Total			$3,259,873

44,046 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 31.9620, -101.8962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.96196, -101.89617 · 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

8,915 ft

2 wells filed one

Completion to plug

24.3 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 8,900 and 8,930 ft, median 8,915 ft, over the 2 wells that filed a depth.

Completions filed

Jul 1973 – Sep 1985

2 of 2 wells

Plug dates filed

Jul 1985 – Apr 2022

2 of 2 wells

Last completion to plug: a median of 24.3 years across the 2 wells that filed both dates, with the middle half between 18.2 years and 30.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32931541	2	8,930 ft	Sep 1985	Apr 2022	Yes
42-32930234	1	8,900 ft	Jul 1973	Jul 1985	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 (353)

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

353 months


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	30	0	63.48	3.02	$1,904
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	166	0	38.37	1.83	$6,369
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	344	16.92	1.81	$624
Apr 2020	341	393	14.75	1.80	$5,739
Mar 2020	0	427	30.34	1.86	$793
Feb 2020	0	471	49.88	1.98	$933
Jan 2020	0	520	57.25	2.09	$1,089
Dec 2019	170	524	59.01	2.30	$11,239
Nov 2019	0	511	55.30	2.75	$1,406
Oct 2019	165	534	53.47	2.42	$10,114
Sep 2019	0	534	55.05	2.66	$1,419
Aug 2019	168	553	53.11	2.30	$10,197
Jul 2019	0	551	56.27	2.46	$1,355
Jun 2019	172	526	52.78	2.49	$10,389
May 2019	0	548	58.48	2.74	$1,502
Apr 2019	0	540	62.63	2.75	$1,485
Mar 2019	173	549	56.80	3.06	$11,507
Feb 2019	0	492	50.85	2.79	$1,374
Jan 2019	169	517	46.03	3.23	$9,448
Dec 2018	0	452	46.59	4.19	$1,892
Nov 2018	0	452	52.93	4.24	$1,915
Oct 2018	157	537	61.44	3.40	$11,471
Sep 2018	0	555	59.54	3.11	$1,725
Aug 2018	168	580	59.40	3.07	$11,758
Jul 2018	165	585	65.14	2.93	$12,463
Jun 2018	0	570	60.18	3.08	$1,754
May 2018	174	574	65.38	2.90	$13,041
Apr 2018	0	550	63.84	2.90	$1,595
Mar 2018	168	536	61.22	2.79	$11,779
Feb 2018	173	513	61.78	2.77	$12,107
Jan 2018	0	582	62.87	4.01	$2,333
Dec 2017	169	565	57.27	2.92	$11,329
Nov 2017	171	418	55.42	3.12	$10,780
Oct 2017	0	578	49.29	2.98	$1,725
Sep 2017	167	535	47.52	3.09	$9,588
Aug 2017	170	571	45.37	3.00	$9,428
Jul 2017	0	588	43.87	3.09	$1,815
Jun 2017	172	567	42.49	3.09	$9,059
May 2017	176	586	45.37	3.26	$9,897
Apr 2017	0	563	47.93	3.21	$1,808
Mar 2017	170	569	46.77	2.98	$9,649
Feb 2017	0	395	50.45	2.95	$1,166
Jan 2017	170	431	49.41	3.42	$9,873
Dec 2016	172	439	48.76	3.72	$10,021
Nov 2016	0	438	42.49	2.64	$1,158
Oct 2016	174	456	46.19	3.09	$9,446
Sep 2016	171	439	41.55	3.10	$8,466
Aug 2016	1	467	41.44	2.92	$1,407
Jul 2016	167	466	41.62	2.92	$8,313
Jun 2016	320	484	45.35	2.69	$15,812
May 2016	0	469	42.52	1.99	$934
Apr 2016	0	784	36.56	1.99	$1,561
Mar 2016	356	794	33.01	1.79	$13,176
Feb 2016	0	750	26.47	2.06	$1,548
Jan 2016	0	774	27.35	2.36	$1,830
Dec 2015	373	561	32.36	2.00	$13,193
Nov 2015	0	550	38.79	2.17	$1,192
Oct 2015	0	622	43.55	2.43	$1,509
Sep 2015	364	606	42.99	2.76	$17,320
Aug 2015	0	629	40.16	2.87	$1,807
Jul 2015	0	611	48.15	2.95	$1,799
Jun 2015	361	602	56.15	2.88	$22,006
May 2015	0	620	55.21	2.96	$1,832
Apr 2015	375	607	49.82	2.71	$20,325
Mar 2015	0	623	42.89	2.93	$1,828
Feb 2015	0	559	44.66	2.98	$1,664
Jan 2015	355	623	43.43	3.10	$17,349
Dec 2014	364	622	54.69	3.59	$22,141
Nov 2014	0	595	70.46	4.25	$2,530
Oct 2014	181	607	78.30	3.90	$16,540
Sep 2014	0	608	86.16	4.05	$2,460
Aug 2014	0	618	89.39	4.04	$2,494
Jul 2014	0	617	96.56	4.18	$2,579
Jun 2014	379	628	98.16	4.74	$40,177
May 2014	0	647	94.73	4.73	$3,058
Apr 2014	0	524	95.94	4.81	$2,520
Mar 2014	361	426	95.89	5.06	$36,770
Feb 2014	0	566	97.40	6.19	$3,505
Jan 2014	384	637	90.40	4.86	$37,810
Dec 2013	0	637	91.82	4.35	$2,774
Nov 2013	0	614	88.85	3.74	$2,295
Oct 2013	390	650	97.42	3.78	$40,450
Sep 2013	0	634	104.11	3.72	$2,357
Aug 2013	0	662	104.25	3.52	$2,332
Jul 2013	0	639	102.52	3.72	$2,376
Jun 2013	384	608	94.40	3.93	$38,641
May 2013	0	629	94.83	4.15	$2,610
Apr 2013	0	606	93.96	4.28	$2,595
Mar 2013	727	644	93.62	3.91	$70,582
Feb 2013	0	557	91.23	3.42	$1,905
Jan 2013	0	626	91.60	3.42	$2,141
Dec 2012	356	606	86.77	3.42	$32,963
Nov 2012	0	596	86.95	3.62	$2,160
Oct 2012	0	608	89.38	3.40	$2,067
Sep 2012	346	603	94.67	2.92	$34,516
Aug 2012	0	612	92.66	2.91	$1,780
Jul 2012	357	629	85.13	3.02	$32,291
Jun 2012	0	596	79.82	2.52	$1,501
May 2012	0	585	91.61	2.49	$1,456
Apr 2012	0	590	101.65	2.00	$1,178
Mar 2012	0	610	105.05	2.22	$1,355
Feb 2012	359	559	101.10	2.57	$37,732
Jan 2012	0	600	98.09	2.73	$1,640
Dec 2011	0	597	96.87	3.24	$1,934
Nov 2011	343	574	95.72	3.31	$34,733
Oct 2011	381	604	84.98	3.65	$34,581
Sep 2011	0	598	83.62	3.99	$2,384
Aug 2011	170	624	83.40	4.15	$16,767
Jul 2011	0	621	94.14	4.52	$2,805
Jun 2011	0	600	92.90	4.64	$2,784
May 2011	0	654	98.13	4.40	$2,881
Apr 2011	341	624	105.96	4.33	$38,836
Mar 2011	0	647	96.36	4.06	$2,625
Feb 2011	0	574	85.64	4.18	$2,399
Jan 2011	365	630	86.50	4.59	$34,463
Dec 2010	0	640	85.73	4.35	$2,783
Nov 2010	334	635	80.84	3.80	$29,411
Oct 2010	0	676	78.10	3.51	$2,372
Sep 2010	0	660	72.63	3.98	$2,626
Aug 2010	336	706	73.68	4.42	$27,877
Jul 2010	0	638	72.55	4.74	$3,022
Jun 2010	0	697	70.36	4.91	$3,423
May 2010	184	662	71.12	4.24	$15,890
Apr 2010	0	617	81.69	4.12	$2,544
Mar 2010	0	605	78.39	4.39	$2,655
Feb 2010	182	592	73.58	5.44	$16,613
Jan 2010	339	656	74.36	5.96	$29,120
Dec 2009	0	704	71.44	5.48	$3,861
Nov 2009	0	720	74.59	3.75	$2,701
Oct 2009	341	764	72.54	4.11	$27,876
Sep 2009	0	741	65.54	3.06	$2,271
Aug 2009	337	795	67.42	3.22	$25,279
Jul 2009	0	805	61.13	3.46	$2,789
Jun 2009	0	785	66.16	3.90	$3,058
May 2009	338	801	54.74	3.93	$21,647
Apr 2009	0	779	46.77	3.59	$2,795
Mar 2009	345	805	42.14	4.06	$17,806
Feb 2009	0	730	32.81	4.63	$3,382
Jan 2009	365	792	35.86	5.37	$17,343
Dec 2008	0	802	37.10	5.98	$4,794
Nov 2008	0	790	55.49	6.86	$5,420
Oct 2008	341	835	75.24	6.92	$31,437
Sep 2008	0	821	101.76	7.88	$6,467
Aug 2008	350	865	114.22	8.48	$47,315
Jul 2008	0	783	131.08	11.39	$8,918
Jun 2008	347	770	131.33	13.03	$55,607
May 2008	0	796	123.17	11.57	$9,213
Apr 2008	0	820	110.31	10.45	$8,573
Mar 2008	356	846	101.90	9.66	$44,452
Feb 2008	0	847	92.53	8.77	$7,429
Jan 2008	356	906	90.38	8.21	$39,610
Dec 2007	352	905	88.33	7.30	$37,700
Nov 2007	0	887	91.67	7.29	$6,468
Oct 2007	0	861	82.85	6.92	$5,960
Sep 2007	0	757	75.84	6.24	$4,727
Aug 2007	188	731	69.06	6.39	$17,653
Jul 2007	200	872	70.90	6.39	$19,750
Jun 2007	131	837	62.00	7.55	$14,440
May 2007	0	818	58.74	7.85	$6,418
Apr 2007	191	810	59.61	7.81	$17,708
Mar 2007	300	885	56.92	7.30	$23,538
Feb 2007	0	709	55.10	8.22	$5,825
Jan 2007	169	790	50.30	6.73	$13,815
Dec 2006	198	816	56.65	6.92	$16,862
Nov 2006	151	789	54.20	7.62	$14,194
Oct 2006	175	898	54.90	6.01	$15,008
Sep 2006	416	837	60.08	5.04	$29,209
Aug 2006	0	872	68.71	7.34	$6,400
Jul 2006	247	877	69.37	6.34	$22,697
Jun 2006	0	870	66.28	6.38	$5,554
May 2006	596	909	66.01	6.42	$45,182
Apr 2006	0	845	64.39	7.36	$6,220
Mar 2006	286	862	56.70	7.08	$22,322
Feb 2006	0	776	57.59	7.75	$6,015
Jan 2006	0	890	60.59	8.93	$7,951
Dec 2005	353	861	54.94	13.42	$30,944
Nov 2005	268	858	54.69	10.59	$23,742
Oct 2005	0	903	58.34	13.80	$12,458
Sep 2005	290	921	61.45	12.08	$28,945
Aug 2005	240	954	61.51	9.80	$24,109
Jul 2005	378	1,030	55.69	7.84	$29,130
Jun 2005	0	624	52.33	7.38	$4,606
May 2005	0	756	45.22	6.65	$5,028
Apr 2005	0	743	49.20	7.36	$5,469
Mar 2005	269	867	50.37	7.15	$19,753
Feb 2005	2	773	45.22	6.31	$4,970
Jan 2005	305	848	43.16	6.32	$18,525
Dec 2004	359	842	39.86	6.75	$19,994
Nov 2004	0	784	45.28	6.33	$4,963
Oct 2004	414	851	49.70	6.52	$26,120
Sep 2004	0	861	43.24	5.28	$4,549
Aug 2004	351	886	42.37	5.55	$19,790
Jul 2004	0	883	38.28	6.08	$5,372
Jun 2004	357	849	36.10	6.43	$18,349
May 2004	1	886	37.48	6.49	$5,792
Apr 2004	403	845	34.47	5.86	$18,842
Mar 2004	1	823	34.36	5.53	$4,586
Feb 2004	409	810	32.45	5.51	$17,735
Jan 2004	0	834	32.03	6.30	$5,254
Dec 2003	332	785	30.26	6.30	$14,993
Nov 2003	0	773	28.80	4.60	$3,552
Oct 2003	424	797	28.17	4.76	$15,738
Sep 2003	418	801	26.31	4.75	$14,802
Aug 2003	0	826	29.76	5.13	$4,237
Jul 2003	0	757	29.41	5.17	$3,914
Jun 2003	422	825	28.56	5.98	$16,988
May 2003	0	843	26.59	5.97	$5,035
Apr 2003	407	816	26.67	5.41	$15,267
Mar 2003	0	818	31.14	6.10	$4,987
Feb 2003	425	748	33.48	7.93	$20,158
Jan 2003	0	807	30.31	5.58	$4,505
Dec 2002	389	808	26.91	4.85	$14,390
Nov 2002	0	806	24.66	4.14	$3,334
Oct 2002	418	775	26.46	4.23	$14,338
Sep 2002	0	805	27.44	3.64	$2,926
Aug 2002	410	831	25.96	3.16	$13,273
Jul 2002	0	838	24.58	3.06	$2,566
Jun 2002	410	817	23.73	3.34	$12,457
May 2002	0	832	24.66	3.58	$2,982
Apr 2002	464	809	23.65	3.51	$13,815
Mar 2002	486	781	22.00	3.10	$13,115
Feb 2002	0	718	18.22	2.38	$1,706
Jan 2002	0	707	17.17	2.38	$1,680
Dec 2001	324	706	16.93	2.36	$7,155
Nov 2001	0	731	18.07	2.41	$1,758
Oct 2001	429	702	19.78	2.53	$10,261
Sep 2001	0	787	24.26	2.25	$1,772
Aug 2001	462	798	24.87	3.05	$13,926
Jul 2001	0	813	23.93	3.20	$2,599
Jun 2001	419	1,741	24.56	3.82	$16,949
May 2001	0	897	25.52	4.31	$3,864
Apr 2001	373	590	24.68	5.34	$12,353
Mar 2001	440	790	24.54	5.38	$15,045
Feb 2001	0	743	27.75	5.77	$4,285
Jan 2001	310	662	27.47	8.40	$14,076
Dec 2000	0	702	26.88	9.12	$6,404
Nov 2000	414	685	32.21	5.66	$17,211
Oct 2000	0	810	31.23	5.15	$4,168
Sep 2000	371	766	31.87	5.19	$15,797
Aug 2000	462	828	29.64	4.54	$17,453
Jul 2000	0	825	28.53	4.09	$3,374
Jun 2000	412	777	29.30	4.40	$15,488
May 2000	0	806	27.26	3.68	$2,966
Apr 2000	459	835	24.51	3.12	$13,852
Mar 2000	0	874	28.42	2.86	$2,499
Feb 2000	482	1,565	27.62	2.73	$17,580
Jan 2000	0	840	25.27	2.48	$2,084
Dec 1999	374	848	24.28	2.42	$11,136
Nov 1999	0	815	23.19	2.43	$1,984
Oct 1999	472	862	20.98	2.80	$12,319
Sep 1999	427	837	21.75	2.62	$11,479
Aug 1999	0	867	19.26	2.88	$2,493
Jul 1999	0	865	17.89	2.37	$2,052
Jun 1999	466	835	15.94	2.36	$9,400
May 1999	0	847	15.79	2.32	$1,966
Apr 1999	454	863	15.10	2.21	$8,761
Mar 1999	482	877	12.47	1.84	$7,623
Feb 1999	0	793	9.98	1.82	$1,442
Jan 1999	0	828	10.38	1.90	$1,573
Dec 1998	457	775	9.20	1.77	$5,579
Nov 1998	410	791	10.89	2.19	$6,194
Oct 1998	0	818	12.42	1.97	$1,611
Sep 1998	427	814	12.59	2.08	$7,071
Aug 1998	0	849	11.30	1.91	$1,619
Jul 1998	428	832	11.74	2.24	$6,886
Jun 1998	0	823	11.24	2.24	$1,841
May 1998	465	836	12.62	2.21	$7,713
Apr 1998	471	832	13.04	2.51	$8,226
Mar 1998	1	809	12.80	2.31	$1,881
Feb 1998	476	754	13.95	2.30	$8,374
Jan 1998	0	854	14.70	2.15	$1,840
Dec 1997	415	775	16.32	2.41	$8,641
Nov 1997	0	834	18.19	3.09	$2,576
Oct 1997	464	853	19.25	3.15	$11,619
Sep 1997	0	838	17.74	2.95	$2,476
Aug 1997	339	881	17.86	2.55	$8,305
Jul 1997	0	957	17.58	2.25	$2,150
Jun 1997	403	908	17.24	2.26	$8,997
May 1997	374	956	18.97	2.31	$9,302
Apr 1997	0	918	17.88	2.08	$1,912
Mar 1997	285	937	18.95	1.94	$7,218
Feb 1997	434	780	20.49	2.21	$10,613
Jan 1997	0	789	23.48	3.54	$2,793
Dec 1996	730	852	23.32	—	$17,024
Nov 1996	0	823	21.97	—	$0
Oct 1996	461	832	23.31	—	$10,746
Sep 1996	0	841	22.22	—	$0
Aug 1996	439	901	20.26	—	$8,894
Jul 1996	1	917	19.55	—	$20
Jun 1996	429	902	18.73	—	$8,035
May 1996	0	907	19.43	—	$0
Apr 1996	390	902	21.51	—	$8,389
Mar 1996	408	904	19.38	—	$7,907
Feb 1996	0	824	16.98	—	$0
Jan 1996	266	872	17.07	—	$4,541
Dec 1995	391	873	17.19	—	$6,721
Nov 1995	415	869	16.00	—	$6,640
Oct 1995	0	813	15.43	—	$0
Sep 1995	384	847	16.18	—	$6,213
Aug 1995	463	998	15.92	—	$7,371
Jul 1995	0	911	15.24	—	$0
Jun 1995	444	831	16.41	—	$7,286
May 1995	306	917	17.56	—	$5,373
Apr 1995	0	918	17.73	—	$0
Mar 1995	318	889	16.44	—	$5,228
Feb 1995	346	847	16.58	—	$5,737
Jan 1995	177	764	15.92	—	$2,818
Dec 1994	365	952	15.03	—	$5,486
Nov 1994	395	897	15.90	—	$6,281
Oct 1994	346	880	15.58	—	$5,391
Sep 1994	0	1,011	15.29	—	$0
Aug 1994	403	1,087	16.13	—	$6,500
Jul 1994	271	1,148	17.56	—	$4,759
Jun 1994	378	1,015	17.09	—	$6,460
May 1994	321	1,051	15.88	—	$5,097
Apr 1994	421	1,010	14.14	—	$5,953
Mar 1994	422	1,061	12.46	—	$5,258
Feb 1994	0	928	12.50	—	$0
Jan 1994	416	973	12.66	—	$5,267
Dec 1993	444	1,056	12.33	—	$5,475
Nov 1993	0	1,069	14.49	—	$0
Oct 1993	408	1,118	15.85	—	$6,467
Sep 1993	386	968	15.03	—	$5,802
Aug 1993	392	895	15.66	—	$6,139
Jul 1993	0	785	15.46	—	$0
Jun 1993	393	967	16.79	—	$6,598
May 1993	184	810	17.68	—	$3,253
Apr 1993	316	903	18.05	—	$5,704
Mar 1993	377	927	18.14	—	$6,839
Feb 1993	385	760	17.90	—	$6,892
Jan 1993	304	821	16.93	—	$5,147

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 2021 — as filed, then multipliedworked

Oil                   30 bbl  × $ 63.48 =     $1,904
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $1,904

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/22840 is the state's own key, not one this site invented.