MineralRecord
Log inSign up

WATSON, L. M.

Operated by JETTA OPERATING COMPANY, INC. (P-5 432283) in the SCOTT (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25109District 08Field 81738250Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$37.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$926 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The SCOTT (DELAWARE) 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 142 wells, and the rule below applies to all of them.

Discovered
1946-02-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 1983-09-19.

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: “ASSOCIATED 49B FIELD”

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
NGPA3none——

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
OilDisposition511,806 bbl$27,707,826
Casinghead gasProduction2,607,691 Mcf$9,685,854
Total$37,393,680

304,408 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 (10)

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 31.4295, -103.3310. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles. 2 wells have no surveyed location and are left out of it.

31.42870, -103.33069 · centre of 8 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
50.0%
5 of 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
6,500 ft
8 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
550.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
550.0%

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, 8 of 10 wells. Median 6,500 ft, with the middle half between 6,499 and 6,503 ft; the shallowest is 6,485 ft and the deepest 6,515 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, 8 of 10 wells, May 1992 – Oct 2014. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1992 – Oct 2014
8 of 10 wells; 2 filed none

10 wells

42-475820631032UT———Yes
42-475820642032UT———Yes
42-4753227566,500 ftOct 2014——
42-4753563696,485 ftOct 2011——
42-4753550286,499 ftOct 2009——
42-4753528676,499 ftJan 2008——
42-4753171936,510 ftFeb 1993—Yes
42-4753169416,515 ftFeb 1993—Yes
42-4753373256,500 ftJan 1993——
42-4753169526,500 ftMay 1992—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 (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 20265234,138106.413.05$68,256
Apr 20268592,95998.932.87$93,472
Mar 20266883,44489.753.15$72,595
Feb 20268824,37763.503.75$72,422
Jan 20261,0564,70359.138.00$100,056
Dec 20258865,13956.664.41$72,881
Nov 20251,0444,50358.593.93$78,849
Oct 20258784,88859.383.30$68,290
Sep 20257104,63662.743.08$58,810
Aug 20258675,88563.933.01$73,169
Jul 20251,0213,72966.743.32$80,504
Jun 20251,0425,58366.483.13$86,740
May 20251,2205,34960.553.23$91,161
Apr 20251,0374,94762.363.54$82,195
Mar 20251,0345,29067.704.27$92,581
Feb 20251,0665,10370.884.34$97,709
Jan 20258895,46874.324.28$89,466
Dec 20241,0595,57968.993.12$90,475
Nov 20241,0365,64769.052.20$83,950
Oct 20241,2305,64971.372.28$100,673
Sep 20246764,60269.612.36$57,937
Aug 20241,0104,56375.632.06$85,803
Jul 20241,0226,25679.932.15$95,118
Jun 20241,3566,89578.082.63$124,038
May 20246634,54578.812.20$62,243
Apr 20241,5316,23584.451.66$139,638
Mar 20241,1966,00080.301.55$105,310
Feb 20241,2025,27976.091.78$100,876
Jan 20241,0805,95173.023.30$98,486
Dec 20237314,99771.262.61$65,137
Nov 20231,2466,14777.892.81$114,309
Oct 20231,5996,37785.443.09$156,306
Sep 20231,2506,26089.042.74$128,421
Aug 20231,2405,54580.522.67$114,666
Jul 20231,2395,49874.852.64$107,264
Jun 20231,0636,21568.962.26$87,341
May 20231,4086,27670.622.23$113,412
Apr 20231,2116,08278.122.24$108,213
Mar 20231,4127,08572.852.39$119,820
Feb 20231,8136,72375.112.47$152,751
Jan 20238916,19276.533.39$89,165
Dec 20221,1755,25176.415.73$119,865
Nov 20221,3305,33085.005.65$143,144
Oct 20221,0565,73387.185.86$125,679
Sep 20221,0517,18884.888.16$147,889
Aug 20221,2365,72294.529.13$169,052
Jul 20221,0326,669101.587.54$155,129
Jun 20228605,931115.097.98$146,290
May 20221,0496,720109.378.43$171,399
Apr 20221,4057,287104.226.84$196,255
Mar 20221,3327,179108.885.08$181,472
Feb 20221,0636,29791.054.86$127,382
Jan 20221,3656,92481.844.54$143,131
Dec 20211,5646,52071.323.90$136,967
Nov 20211,0386,59077.435.24$114,883
Oct 20211,2345,56879.795.71$130,276
Sep 20218522,14469.865.35$70,993
Aug 20216972,37466.024.22$56,036
Jul 20211,2292,39170.783.98$96,510
Jun 20216703,32769.493.38$57,806
May 20211,0333,79663.483.02$77,030
Apr 20218833,78060.362.76$63,725
Mar 20211,0634,29861.302.72$76,839
Feb 20211,0303,60257.805.55$79,518
Jan 20217073,98450.412.81$46,836
Dec 20201,0764,41244.642.68$59,837
Nov 20206984,65738.772.71$39,666
Oct 20201,0504,59036.972.48$50,194
Sep 20201,0405,32937.091.99$49,184
Aug 20201,0146,09339.982.39$55,072
Jul 20208613,36338.371.83$39,174
Jun 20201,5493,76234.901.69$60,419
May 202004,75116.921.81$8,622
Apr 20206773,70314.751.80$16,667
Mar 20201,3727,20730.341.86$55,004
Feb 20201,5516,64549.881.98$90,525
Jan 20201,0117,31157.252.09$73,194
Dec 20191,5247,59459.012.30$107,431
Nov 20191,3547,40155.302.75$95,234
Oct 20191,5267,59453.472.42$99,962
Sep 20191,0057,37155.052.66$74,912
Aug 20191,3366,42753.112.30$85,765
Jul 20191,6527,28256.272.46$110,872
Jun 20191,1656,81852.782.49$78,474
May 20196955,98658.482.74$57,047
Apr 20191,4075,95962.632.75$104,512
Mar 20191,6316,83756.803.06$113,576
Feb 20191,2496,57550.852.79$81,871
Jan 20191,6125,93146.033.23$93,347
Dec 20181,7986,64146.594.19$111,564
Nov 20181,4174,94952.934.24$95,972
Oct 20181,2585,87761.443.40$97,262
Sep 20181,4198,04159.543.11$109,479
Aug 20181,2117,73359.403.07$95,647
Jul 20181,5647,73965.142.93$124,569
Jun 20181,7576,45660.183.08$125,601
May 20181,2066,64065.382.90$98,110
Apr 20181,6927,09763.842.90$128,604
Mar 20181,1056,53061.222.79$85,846
Feb 20181,3156,87661.782.77$100,261
Jan 20181,8604,01662.874.01$133,040
Dec 20171,4856,27157.272.92$103,367
Nov 20171,4927,35855.423.12$105,632
Oct 20171,8376,37849.292.98$109,576
Sep 20171,4627,47247.523.09$92,542
Aug 20171,6459,60645.373.00$103,494
Jul 20171,8407,99643.873.09$105,407
Jun 20171,65210,44642.493.09$102,443
May 20171,6354,48445.373.26$88,813
Apr 20171,2974,48447.933.21$76,566
Mar 20171,6713,73846.772.98$89,306
Feb 20171,6334,14350.452.95$94,617
Jan 20171,6712,93749.413.42$92,605
Dec 20161,4813,23748.763.72$84,264
Nov 20161,6284,65842.492.64$81,491
Oct 20161,4066,27246.193.09$84,325
Sep 20161,8734,66141.553.10$92,275
Aug 20161,5276,87741.442.92$83,390
Jul 20161,7117,59841.622.92$93,431
Jun 20161,1785,21245.352.69$67,421
May 20161,7051,60342.521.99$75,688
Apr 20161,7171,48136.561.99$65,722
Mar 20161,5281,85333.011.79$53,764
Feb 20161,6921,39626.472.06$47,668
Jan 20161,3631,16027.352.36$40,021
Dec 20152,4035,26432.362.00$88,297
Nov 20151,9782,77338.792.17$82,737
Oct 20151,37736943.552.43$60,864
Sep 20151,49294142.992.76$66,737
Aug 20151,9923,38440.162.87$89,719
Jul 20151,3393,81948.152.95$75,720
Jun 20151,5455,37456.152.88$102,244
May 20151,67729855.212.96$93,468
Apr 20151,8663,58449.822.71$102,664
Mar 20152,3962,43542.892.93$109,910
Feb 20151,3342,34744.662.98$66,562
Jan 20151,844143.433.10$80,088
Dec 20142,1738,53554.693.59$149,494
Nov 20141,6713,11270.464.25$130,970
Oct 20141,3241,59778.303.90$109,899
Sep 20141,1585,94386.164.05$123,815
Aug 20141,1678,11689.394.04$137,067
Jul 20141,6733,92796.564.18$177,958
Jun 20141,4744,17698.164.74$164,469
May 20141,8403,35894.734.73$190,175
Apr 20141,5046,32995.944.81$174,731
Mar 20141,8534,58795.895.06$200,880
Feb 20141,3945,80297.406.19$171,702
Jan 20141,42783990.404.86$133,079
Dec 20131,9235,03791.824.35$198,503
Nov 20131,7346,84188.853.74$179,639
Oct 20131,8447,64997.423.78$208,551
Sep 20131,83510,222104.113.72$229,045
Aug 20132,02510,098104.253.52$246,678
Jul 20132,08910,933102.523.72$254,810
Jun 20131,65410,95494.403.93$199,224
May 20131,9908,45094.834.15$223,771
Apr 20132,02811,68593.964.28$240,593
Mar 20131,84611,42793.623.91$217,535
Feb 20131,9919,65991.233.42$214,672
Jan 20132,0449,41591.603.42$219,429
Dec 20121,9469,17986.773.42$200,248
Nov 20122,10311,06786.953.62$222,973
Oct 20122,27410,45289.383.40$238,784
Sep 20122,39811,63294.672.92$260,965
Aug 20121,91110,94192.662.91$208,891
Jul 20122,42911,09185.133.02$240,284
Jun 20122,2749,13379.822.52$204,517
May 20125185291.612.49$47,583
Apr 20122,34011,402101.652.00$260,629
Mar 20122,69113,883105.052.22$313,539
Feb 20122,32713,138101.102.57$269,028
Jan 20122,83613,00798.092.73$313,745
Dec 20112,84412,78596.873.24$316,918
Nov 20112,33812,30095.723.31$264,522
Oct 20111,32411,34784.983.65$153,914
Sep 20111,1548,37083.623.99$129,859
Aug 20111,15811,87283.404.15$145,838
Jul 20111,17011,06494.144.52$160,123
Jun 20111,0018,08592.904.64$130,506
May 20111,50812,61998.134.40$203,564
Apr 20111,33011,893105.964.33$192,463
Mar 20111,1739,55496.364.06$151,794
Feb 20111,1999,07485.644.18$140,612
Jan 20111,2289,42086.504.59$149,448
Dec 20101,41012,68985.734.35$176,048
Nov 20101,38012,27980.843.80$158,162
Oct 20101,67013,90978.103.51$179,232
Sep 20101,66814,15772.633.98$177,484
Aug 20101,57513,67273.684.42$176,467
Jul 20101,94315,10072.554.74$212,486
Jun 20101,76214,00070.364.91$192,720
May 20101,40714,65271.124.24$162,120
Apr 20101,75514,60781.694.12$203,586
Mar 20101,92515,43478.394.39$218,635
Feb 20101,58816,96873.585.44$209,191
Jan 20102,48918,36874.365.96$294,630
Dec 20092,09411,55171.445.48$212,938
Nov 20091,91713,07274.593.75$192,029
Oct 20091,58010,29172.544.11$156,912
Sep 20091,2388,25665.543.06$106,441
Aug 20091,2146,70067.423.22$103,412
Jul 20091,0558,32861.133.46$93,345
Jun 20091,2317,96266.163.90$112,455
May 20091,2069,27254.743.93$102,416
Apr 20091,5659,04746.773.59$105,651
Mar 20091,2258,99142.144.06$88,116
Feb 20091,3686,84032.814.63$76,574
Jan 20091,5876,67835.865.37$92,777
Dec 20081,5738,79437.105.98$110,921
Nov 20081,4057,18655.496.86$127,262
Oct 20081,5737,91875.246.92$173,161
Sep 20081,7219,521101.767.88$250,127
Aug 20081,4888,466114.228.48$241,777
Jul 20088756,553131.0811.39$189,330
Jun 20081,2258,435131.3313.03$270,809
May 20081,23310,899123.1711.57$278,017
Apr 20081,2108,540110.3110.45$222,760
Mar 20081,0477,783101.909.66$181,905
Feb 20081,0617,60892.538.77$164,901
Jan 20081,0677,38590.388.21$157,035
Dec 20078865,86588.337.30$121,086
Nov 20071,0575,86591.677.29$139,661
Oct 20078875,43482.856.92$111,102
Sep 20071,0625,77575.846.24$116,602
Aug 20078575,91069.066.39$96,937
Jul 20078836,00470.906.39$100,958
Jun 20071,0535,64562.007.55$107,897
May 20071,0625,95658.747.85$109,114
Apr 20077076,77259.617.81$95,001
Mar 20071,0636,01356.927.30$104,413
Feb 20077064,06355.108.22$72,282
Jan 20078906,20050.306.73$86,473
Dec 20068735,06756.656.92$84,511
Nov 20061,0564,95154.207.62$94,949
Oct 20066964,75254.906.01$66,788
Sep 20061,0535,09560.085.04$88,929
Aug 20061,0105,06368.717.34$106,559
Jul 20066646,15069.376.34$85,070
Jun 20068496,10366.286.38$95,233
May 20061,0335,16166.016.42$101,348
Apr 20068564,14564.397.36$85,627
Mar 20061,3703,93556.707.08$105,550
Feb 20066933,42557.597.75$66,457
Jan 20061,0575,21460.598.93$110,622
Dec 20058693,15854.9413.42$90,109
Nov 20058593,57254.6910.59$84,800
Oct 20056924,81858.3413.80$106,839
Sep 20056953,94061.4512.08$90,299
Aug 20058545,69861.519.80$108,352
Jul 20055275,41855.697.84$71,845
Jun 20058663,57152.337.38$71,675
May 20054153,22245.226.65$40,196
Apr 20058691,65849.207.36$54,958
Mar 20058795,36750.377.15$82,675
Feb 20056915,06445.226.31$63,211
Jan 20051,0666,63043.166.32$87,925
Dec 20041,0424,69239.866.75$73,210
Nov 20048844,74645.286.33$70,072
Oct 20048735,09349.706.52$76,570
Sep 20048625,03743.245.28$63,888
Aug 20041,0485,03642.375.55$72,357
Jul 20048694,90038.286.08$63,078
Jun 20041,0365,14236.106.43$70,478
May 20048785,43737.486.49$68,218
Apr 20041,0427,00634.475.86$76,962
Mar 20048805,52134.365.53$60,769
Feb 20041,0645,03432.455.51$62,262
Jan 20041,0304,88232.036.30$63,746
Dec 20038874,66830.266.30$56,257
Nov 20031,0655,07428.804.60$53,988
Oct 20038835,38928.174.76$50,524
Sep 20031,0545,30426.314.75$52,921
Aug 20038865,74829.765.13$55,853
Jul 20031,0505,47429.415.17$59,186
Jun 20031,0104,41028.565.98$55,230
May 20031,0185,14026.595.97$57,768
Apr 20037004,46226.675.41$42,796
Mar 20031,0755,29231.146.10$65,736
Feb 20038704,98933.487.93$68,670
Jan 20031,0515,84530.315.58$64,483
Dec 20021,0625,34026.914.85$54,498
Nov 20028785,13824.664.14$42,907
Oct 20021,0716,24726.464.23$54,758
Sep 20028486,71127.443.64$47,665
Aug 20021,3216,94825.963.16$56,278
Jul 20028787,03824.583.06$43,130
Jun 20021,0446,75123.733.34$47,311
May 20028637,19724.663.58$47,076
Apr 20021,0326,72623.653.51$48,031
Mar 20021,2116,52322.003.10$46,881
Feb 20028445,73318.222.38$28,997
Jan 20021,0327,49817.172.38$35,532
Dec 20011,2235,21416.932.36$33,033
Nov 20011,0305,89618.072.41$32,795
Oct 20011,0497,26319.782.53$39,116
Sep 20011,0456,63424.262.25$40,287
Aug 20011,2226,43824.873.05$50,047
Jul 20011,0457,01123.933.20$47,422
Jun 20011,0407,27924.563.82$53,378
May 20011,0566,86225.524.31$56,506
Apr 20011,0406,41724.685.34$59,904
Mar 20011,3837,27224.545.38$73,036
Feb 20017076,03927.755.77$54,447
Jan 20011,2376,54727.478.40$88,967
Dec 20001,0696,02326.889.12$83,680
Nov 20001,0446,60632.215.66$71,004
Oct 20001,3347,54531.235.15$80,484
Sep 20001,1846,84631.875.19$73,241
Aug 20001,0195,66529.644.54$55,927
Jul 20001,0306,71128.534.09$56,832
Jun 20001,2037,31329.304.40$67,405
May 20001,3869,25827.263.68$71,849
Apr 20001,2157,14424.513.12$52,040
Mar 20001,0247,56328.422.86$50,730
Feb 20001,2076,26327.622.73$50,413
Jan 20001,2028,20025.272.48$50,715
Dec 19991,1829,03324.282.42$50,592
Nov 19991,0338,07523.192.43$43,610
Oct 19991,3496,12920.982.80$45,486
Sep 19991,2035,95621.752.62$41,763
Aug 19991,1797,73219.262.88$44,942
Jul 19991,2747,18917.892.37$39,847
Jun 19991,2069,02815.942.36$40,549
May 19991,2168,12515.792.32$38,059
Apr 19991,2088,01915.102.21$35,947
Mar 19991,0137,28312.471.84$26,021
Feb 19991,2195,8759.981.82$22,845
Jan 19991,3836,39510.381.90$26,506
Dec 19988696,3699.201.77$19,289
Nov 19981,2037,31010.892.19$29,078
Oct 19981,2135,88512.421.97$26,654
Sep 19981,3627,31312.592.08$32,378
Aug 19981,1156,88011.301.91$25,722
Jul 19981,1895,31111.742.24$25,841
Jun 19981,1895,71911.242.24$26,159
May 19981,4075,62112.622.21$30,158
Apr 19981,2161,15613.042.51$18,753
Mar 19981,1875,45012.802.31$27,780
Feb 19981,0625,47013.952.30$27,391
Jan 19981,4066,25014.702.15$34,136
Dec 19971,0565,70616.322.41$30,992
Nov 19971,24874818.193.09$25,011
Oct 19971,0677,36719.253.15$43,744
Sep 19971,2776,43917.742.95$41,680
Aug 19971,1106,97117.862.55$37,634
Jul 19971,2667,43617.582.25$38,965
Jun 19971,2528,61117.242.26$41,021
May 19971,3167,90918.972.31$43,222
Apr 19971,0886,70717.882.08$33,423
Mar 19971,2376,50718.951.94$36,059
Feb 19971,1006,11120.492.21$36,019
Jan 19971,2284,93023.483.54$46,284
Dec 19961,0995,64623.32—$25,629
Nov 19961,2655,09821.97—$27,792
Oct 19961,2534,14423.31—$29,207
Sep 19961,1025,11222.22—$24,486
Aug 19961,0856,34720.26—$21,982
Jul 19961,4294,22019.55—$27,937
Jun 19967174,22018.73—$13,429
May 19961,4604,82419.43—$28,368
Apr 19961,0844,24421.51—$23,317
Mar 19961,1954,72019.38—$23,159
Feb 19967355,23516.98—$12,480
Jan 19961,1175,26417.07—$19,067
Dec 19951,3045,50617.19—$22,416
Nov 19951,0664,87516.00—$17,056
Oct 19951,2764,80315.43—$19,689
Sep 19959175,63916.18—$14,837
Aug 19951,2815,15615.92—$20,394
Jul 19951,0754,86015.24—$16,383
Jun 19959185,19116.41—$15,064
May 19951,2916,06517.56—$22,670
Apr 19951,0796,41717.73—$19,131
Mar 19951,4296,41716.44—$23,493
Feb 19951,2446,38616.58—$20,626
Jan 19951,3426,51815.92—$21,365
Dec 19941,2506,99615.03—$18,788
Nov 19941,0525,68015.90—$16,727
Oct 19941,4445,77215.58—$22,498
Sep 19941,5886,35815.29—$24,281
Aug 19941,2307,44416.13—$19,840
Jul 19941,4108,28217.56—$24,760
Jun 19941,5808,95217.09—$27,002
May 19941,4528,30315.88—$23,058
Apr 19941,5667,68714.14—$22,143
Mar 19941,3867,90212.46—$17,270
Feb 19941,5607,15212.50—$19,500
Jan 19941,4527,49712.66—$18,382
Dec 19931,2398,26212.33—$15,277
Nov 19931,2527,52714.49—$18,141
Oct 19931,4337,60415.85—$22,713
Sep 19931,2467,52615.03—$18,727
Aug 19931,4497,51215.66—$22,691
Jul 19931,4018,05315.46—$21,659
Jun 19931,4558,30916.79—$24,429
May 19931,2898,53017.68—$22,790
Apr 19931,4768,40618.05—$26,642
Mar 19931,6508,98218.14—$29,931
Feb 19931,5023,59317.90—$26,886
Jan 19931,4995,17216.93—$25,378

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 2026 — as filed, then multipliedworked
Oil                  523 bbl  × $106.41 =    $55,652
Casinghead gas     4,138 Mcf  × $  3.05 =    $12,604

────────────────────────────────────────────────────
Month total                                  $68,256

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/25109 is the state's own key, not one this site invented.