UNIVERSITY 38B

Name: UNIVERSITY 38B lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SLANT OPERATING, LLC (P-5 786697) 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 27766District 08Field 09358450Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – Nov 2023

Value, last 12 filed months

$33 k

at the published price for each month

Months reported

371

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	20,069 bbl	$699,555
Casinghead gas	Production	272,294 Mcf	$513,480
Total			$1,213,035

114,802 Mcf of this lease's gas, across 47 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 (1)

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 31.4385, -102.4343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43849, -102.43427 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

9,044 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

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.

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

The one well that filed a depth was drilled to 9,044 ft.

Completions filed

Aug 2023

1 of 1 wells

1 well


42-10332997	1	9,044 ft	Aug 2023	—	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 (371)

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

371 months


Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	20	15	74.85	2.64	$1,537
Jun 2023	41	138	68.96	2.26	$3,139
May 2023	59	150	70.62	2.23	$4,501
Apr 2023	53	162	78.12	2.24	$4,503
Mar 2023	47	242	72.85	2.39	$4,003
Feb 2023	52	236	75.11	2.47	$4,488
Jan 2023	61	252	76.53	3.39	$5,522
Dec 2022	48	288	76.41	5.73	$5,318
Nov 2022	64	276	85.00	5.65	$6,998
Oct 2022	62	289	87.18	5.86	$7,100
Sep 2022	62	287	84.88	8.16	$7,606
Aug 2022	60	289	94.52	9.13	$8,309
Jul 2022	68	286	101.58	7.54	$9,064
Jun 2022	53	299	115.09	7.98	$8,485
May 2022	66	359	109.37	8.43	$10,246
Apr 2022	53	343	104.22	6.84	$7,869
Mar 2022	66	309	108.88	5.08	$8,755
Feb 2022	60	286	91.05	4.86	$6,853
Jan 2022	57	301	81.84	4.54	$6,031
Dec 2021	53	299	71.32	3.90	$4,946
Nov 2021	65	320	77.43	5.24	$6,709
Oct 2021	45	279	79.79	5.71	$5,185
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	7	107	70.78	3.98	$922
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	14	0	60.36	2.76	$845
Mar 2021	47	642	61.30	2.72	$4,625
Feb 2021	43	781	57.80	5.55	$6,818
Jan 2021	62	691	50.41	2.81	$5,067
Dec 2020	62	1,024	44.64	2.68	$5,507
Nov 2020	62	998	38.77	2.71	$5,105
Oct 2020	72	952	36.97	2.48	$5,021
Sep 2020	79	802	37.09	1.99	$4,527
Aug 2020	91	688	39.98	2.39	$5,279
Jul 2020	104	761	38.37	1.83	$5,379
Jun 2020	157	882	34.90	1.69	$6,970
May 2020	148	1,053	16.92	1.81	$4,415
Apr 2020	169	987	14.75	1.80	$4,274
Mar 2020	151	1,027	30.34	1.86	$6,488
Feb 2020	182	955	49.88	1.98	$10,970
Jan 2020	189	1,034	57.25	2.09	$12,986
Dec 2019	184	684	59.01	2.30	$12,434
Nov 2019	92	860	55.30	2.75	$7,453
Oct 2019	159	1,344	53.47	2.42	$11,752
Sep 2019	150	1,272	55.05	2.66	$11,638
Aug 2019	209	1,797	53.11	2.30	$15,241
Jul 2019	0	10	56.27	2.46	$25
Jun 2019	0	122	52.78	2.49	$304
May 2019	0	148	58.48	2.74	$406
Apr 2019	0	138	62.63	2.75	$380
Mar 2019	0	136	56.80	3.06	$416
Feb 2019	0	127	50.85	2.79	$355
Jan 2019	0	140	46.03	3.23	$452
Dec 2018	0	145	46.59	4.19	$607
Nov 2018	0	147	52.93	4.24	$623
Oct 2018	0	144	61.44	3.40	$489
Sep 2018	0	140	59.54	3.11	$435
Aug 2018	0	151	59.40	3.07	$463
Jul 2018	4	134	65.14	2.93	$653
Jun 2018	23	1,223	60.18	3.08	$5,147
May 2018	23	1,436	65.38	2.90	$5,669
Apr 2018	6	1,428	63.84	2.90	$4,525
Mar 2018	31	1,638	61.22	2.79	$6,463
Feb 2018	51	1,361	61.78	2.77	$6,915
Jan 2018	139	1,886	62.87	4.01	$16,301
Dec 2017	217	1,651	57.27	2.92	$17,251
Nov 2017	74	447	55.42	3.12	$5,495
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	3	0	47.52	3.09	$143
Aug 2017	23	467	45.37	3.00	$2,447
Jul 2017	20	417	43.87	3.09	$2,165
Jun 2017	27	581	42.49	3.09	$2,941
May 2017	27	632	45.37	3.26	$3,287
Apr 2017	29	564	47.93	3.21	$3,201
Mar 2017	22	471	46.77	2.98	$2,434
Feb 2017	19	336	50.45	2.95	$1,951
Jan 2017	18	326	49.41	3.42	$2,004
Dec 2016	20	385	48.76	3.72	$2,408
Nov 2016	21	394	42.49	2.64	$1,934
Oct 2016	26	849	46.19	3.09	$3,825
Sep 2016	33	1,127	41.55	3.10	$4,866
Aug 2016	29	1,234	41.44	2.92	$4,810
Jul 2016	29	1,160	41.62	2.92	$4,599
Jun 2016	27	1,053	45.35	2.69	$4,053
May 2016	27	1,012	42.52	1.99	$3,163
Apr 2016	26	1,094	36.56	1.99	$3,129
Mar 2016	35	1,357	33.01	1.79	$3,590
Feb 2016	55	1,289	26.47	2.06	$4,116
Jan 2016	69	1,042	27.35	2.36	$4,351
Dec 2015	66	874	32.36	2.00	$3,885
Nov 2015	57	769	38.79	2.17	$3,878
Oct 2015	60	652	43.55	2.43	$4,195
Sep 2015	61	657	42.99	2.76	$4,435
Aug 2015	64	917	40.16	2.87	$5,204
Jul 2015	58	916	48.15	2.95	$5,490
Jun 2015	55	953	56.15	2.88	$5,836
May 2015	52	967	55.21	2.96	$5,729
Apr 2015	61	899	49.82	2.71	$5,472
Mar 2015	58	937	42.89	2.93	$5,237
Feb 2015	47	871	44.66	2.98	$4,691
Jan 2015	85	1,020	43.43	3.10	$6,854
Dec 2014	48	1,077	54.69	3.59	$6,493
Nov 2014	30	1,206	70.46	4.25	$7,242
Oct 2014	28	905	78.30	3.90	$5,723
Sep 2014	29	1,206	86.16	4.05	$7,377
Aug 2014	32	2,062	89.39	4.04	$11,181
Jul 2014	36	2,124	96.56	4.18	$12,354
Jun 2014	29	1,933	98.16	4.74	$12,003
May 2014	30	3,120	94.73	4.73	$17,589
Apr 2014	35	3,046	95.94	4.81	$18,006
Mar 2014	36	3,204	95.89	5.06	$19,654
Feb 2014	29	2,890	97.40	6.19	$20,719
Jan 2014	32	2,989	90.40	4.86	$17,421
Dec 2013	29	2,851	91.82	4.35	$15,077
Nov 2013	28	3,374	88.85	3.74	$15,101
Oct 2013	64	4,118	97.42	3.78	$21,798
Sep 2013	496	4,153	104.11	3.72	$67,078
Aug 2013	454	4,199	104.25	3.52	$62,121
Jul 2013	178	3,479	102.52	3.72	$31,183
Jun 2013	255	5,599	94.40	3.93	$46,095
May 2013	1	0	94.83	4.15	$95
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	3	0	28.42	2.86	$85
Feb 2000	50	637	27.62	2.73	$3,118
Jan 2000	67	610	25.27	2.48	$3,206
Dec 1999	59	954	24.28	2.42	$3,745
Nov 1999	74	841	23.19	2.43	$3,763
Oct 1999	79	824	20.98	2.80	$3,968
Sep 1999	65	837	21.75	2.62	$3,606
Aug 1999	49	713	19.26	2.88	$2,994
Jul 1999	54	824	17.89	2.37	$2,921
Jun 1999	80	809	15.94	2.36	$3,186
May 1999	105	784	15.79	2.32	$3,478
Apr 1999	75	793	15.10	2.21	$2,883
Mar 1999	87	813	12.47	1.84	$2,579
Feb 1999	137	787	9.98	1.82	$2,798
Jan 1999	73	659	10.38	1.90	$2,010
Dec 1998	79	590	9.20	1.77	$1,773
Nov 1998	137	1,369	10.89	2.19	$4,484
Oct 1998	93	615	12.42	1.97	$2,366
Sep 1998	87	759	12.59	2.08	$2,676
Aug 1998	114	646	11.30	1.91	$2,520
Jul 1998	97	724	11.74	2.24	$2,759
Jun 1998	96	1,102	11.24	2.24	$3,545
May 1998	120	1,037	12.62	2.21	$3,802
Apr 1998	120	798	13.04	2.51	$3,564
Mar 1998	118	1,148	12.80	2.31	$4,162
Feb 1998	100	1,186	13.95	2.30	$4,122
Jan 1998	147	1,446	14.70	2.15	$5,277
Dec 1997	145	1,480	16.32	2.41	$5,935
Nov 1997	122	1,561	18.19	3.09	$7,040
Oct 1997	65	1,719	19.25	3.15	$6,666
Sep 1997	62	497	17.74	2.95	$2,568
Aug 1997	142	1,625	17.86	2.55	$6,688
Jul 1997	154	1,394	17.58	2.25	$5,840
Jun 1997	136	1,458	17.24	2.26	$5,636
May 1997	135	1,551	18.97	2.31	$6,141
Apr 1997	121	1,284	17.88	2.08	$4,838
Mar 1997	160	1,290	18.95	1.94	$5,533
Feb 1997	120	1,012	20.49	2.21	$4,691
Jan 1997	230	2,761	23.48	3.54	$15,174
Dec 1996	189	1,891	23.32	—	$4,407
Nov 1996	150	1,380	21.97	—	$3,296
Oct 1996	162	2,796	23.31	—	$3,776
Sep 1996	183	1,597	22.22	—	$4,066
Aug 1996	165	2,042	20.26	—	$3,343
Jul 1996	133	1,777	19.55	—	$2,600
Jun 1996	200	1,099	18.73	—	$3,746
May 1996	155	1,292	19.43	—	$3,012
Apr 1996	142	1,263	21.51	—	$3,054
Mar 1996	211	1,396	19.38	—	$4,089
Feb 1996	154	1,034	16.98	—	$2,615
Jan 1996	175	1,161	17.07	—	$2,987
Dec 1995	145	1,145	17.19	—	$2,493
Nov 1995	164	1,144	16.00	—	$2,624
Oct 1995	152	2,371	15.43	—	$2,345
Sep 1995	159	4,101	16.18	—	$2,573
Aug 1995	142	1,947	15.92	—	$2,261
Jul 1995	208	413	15.24	—	$3,170
Jun 1995	196	0	16.41	—	$3,216
May 1995	156	1,040	17.56	—	$2,739
Apr 1995	235	1,748	17.73	—	$4,167
Mar 1995	193	3,346	16.44	—	$3,173
Feb 1995	206	1,982	16.58	—	$3,415
Jan 1995	205	5,453	15.92	—	$3,264
Dec 1994	187	2,650	15.03	—	$2,811
Nov 1994	185	3,128	15.90	—	$2,942
Oct 1994	190	3,208	15.58	—	$2,960
Sep 1994	178	2,972	15.29	—	$2,722
Aug 1994	187	1,959	16.13	—	$3,016
Jul 1994	162	2,960	17.56	—	$2,845
Jun 1994	110	2,807	17.09	—	$1,880
May 1994	198	3,833	15.88	—	$3,144
Apr 1994	212	4,186	14.14	—	$2,998
Mar 1994	234	4,392	12.46	—	$2,916
Feb 1994	206	7,290	12.50	—	$2,575
Jan 1994	191	2,147	12.66	—	$2,418
Dec 1993	244	1,887	12.33	—	$3,009
Nov 1993	206	2,060	14.49	—	$2,985
Oct 1993	212	2,309	15.85	—	$3,360
Sep 1993	205	2,133	15.03	—	$3,081
Aug 1993	189	2,428	15.66	—	$2,960
Jul 1993	200	2,373	15.46	—	$3,092
Jun 1993	146	2,083	16.79	—	$2,451
May 1993	194	2,679	17.68	—	$3,430
Apr 1993	216	4,153	18.05	—	$3,899
Mar 1993	173	2,336	18.14	—	$3,138
Feb 1993	161	3,668	17.90	—	$2,882
Jan 1993	122	1,743	16.93	—	$2,065

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.

Jul 2023 — as filed, then multipliedworked

Oil                   20 bbl  × $ 74.85 =     $1,497
Casinghead gas        15 Mcf  × $  2.64 =        $40

────────────────────────────────────────────────────
Month total                                   $1,537

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/27766 is the state's own key, not one this site invented.