TEXAS LAND&MORTGAGE CO.-A-R/A-A-

Operated by BASA RESOURCES, INC. (P-5 53974) in the IATAN, EAST HOWARD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2916District 08Field 44148500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$18.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$411 k
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 154 leases and 2,716 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-29.

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: DKT 08-0257306 APPROVED 07/29/2008 - UPDATE SPACING TO 200/400FT

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
NGPA21none

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
OilDisposition517,791 bbl$18,851,742
Casinghead gasProduction29,028 Mcf$87,363
Total$18,939,105

1,491 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 (54)

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 32.2854, -101.2545. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.28533, -101.25423 · 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
57.4%
31 of 54 wells
With a plug date
46.3%
25 of 54 wells
Median depth
2,814 ft
45 wells filed one
Completion to plug
25.9 years
median over 23 wells

What the state filed about each well

On the RRC proration schedule
3157.4%
A plug date is filed
2546.3%
BothOn the schedule and plugged. Neither fact cancels the other.
2546.3%
NeitherNo plug date, and not on the schedule.
2342.6%

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, 45 of 54 wells. Median 2,814 ft, with the middle half between 2,792 and 2,879 ft; the shallowest is 2,700 ft and the deepest 3,175 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, 43 of 54 wells, Jul 1939 – Oct 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1939 – Oct 2022
43 of 54 wells; 11 filed none
Plug dates filed
Jan 1998 – Jul 2021
25 of 54 wells; 29 filed none

Last completion to plug: a median of 25.9 years across the 23 wells that filed both dates, with the middle half between 21.2 years and 31.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

54 wells

42-227030741Yes
42-227030762Yes
42-2270308192,844 ftJan 2002Yes
42-22710701232,700 ftJul 2021Yes
42-227030754
42-227030773
42-227030786
42-2270308614
42-227030875
42-2270326216
42-2271099929
42-2273176192W2,800 ftOct 2022
42-227319561002,976 ftSep 2012Apr 2015Yes
42-22731747552,820 ftSep 2012May 2014Yes
42-22731733562,879 ftSep 2012
42-2270308082,830 ftSep 2008Yes
42-2273175782W2,806 ftAug 2008
42-227319631072,950 ftJun 2000Sep 2005Yes
42-22731964993,175 ftNov 1980
42-22710960273,000 ftMay 1980Yes
42-22720274242,951 ftMay 1980Jun 2011Yes
42-227319821112,955 ftNov 1979Yes
42-22731983110W2,935 ftOct 1979
42-227319621092,920 ftOct 1979Sep 2005Yes
42-227319571083,000 ftSep 1979Jul 2004Yes
42-22703082102,830 ftAug 1979Nov 2000Yes
42-22731847542,775 ftMay 1979
42-22731846642,787 ftMay 1979
42-22731849962,866 ftMay 1979
42-22731845662,803 ftMay 1979Jan 2006Yes
42-22731844762,796 ftMay 1979
42-22731843812,814 ftMay 1979
42-22731842882,810 ftMay 1979
42-22731841912,793 ftMay 1979Apr 2015Yes
42-2273185384W2,768 ftMay 1979Jan 2006Yes
42-2273185280W2,751 ftMay 1979Mar 2010Yes
42-2273185173W2,788 ftApr 1979Jun 2010Yes
42-2273185048W2,783 ftApr 1979Jun 2008Yes
42-22731848432,790 ftApr 1979
42-22731770972,804 ftFeb 1979Aug 2004Yes
42-2273175683W2,790 ftFeb 1979Jan 1998Yes
42-2273175072W2,799 ftFeb 1979
42-2273175171W2,800 ftFeb 1979Jun 2010Yes
42-2273175879W2,783 ftFeb 1979Dec 2004Yes
42-2273175978W2,797 ftFeb 1979Aug 1998Yes
42-22731768892,954 ftFeb 1979Apr 2015Yes
42-22731748652,786 ftFeb 1979
42-2273176060W2,792 ftFeb 1979Apr 2004Yes
42-2273175449W2,825 ftJan 1979Dec 2008Yes
42-2273175550W2,830 ftJan 1979May 2014Yes
42-22731709902,850 ftDec 1978
42-22731173382,821 ftMar 1977Apr 1998Yes
42-22730014262,950 ftJan 1974Yes
42-227030797W2,841 ftJul 1939

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 20264960106.413.05$52,779
Apr 2026458098.932.87$45,310
Mar 2026428089.753.15$38,413
Feb 2026493063.503.75$31,306
Jan 2026507059.138.00$29,979
Dec 2025465056.664.41$26,347
Nov 2025339058.593.93$19,862
Oct 2025448059.383.30$26,602
Sep 2025447062.743.08$28,045
Aug 2025532063.933.01$34,011
Jul 2025517066.743.32$34,505
Jun 2025660066.483.13$43,877
May 2025762060.553.23$46,139
Apr 2025654062.363.54$40,783
Mar 2025559067.704.27$37,844
Feb 2025451070.884.34$31,967
Jan 2025612074.324.28$45,484
Dec 2024583068.993.12$40,221
Nov 2024518069.052.20$35,768
Oct 2024681071.372.28$48,603
Sep 2024392069.612.36$27,287
Aug 2024330075.632.06$24,958
Jul 2024173079.932.15$13,828
Jun 2024231078.082.63$18,036
May 2024336078.812.20$26,480
Apr 2024266084.451.66$22,464
Mar 2024289080.301.55$23,207
Feb 2024221076.091.78$16,816
Jan 2024155073.023.30$11,318
Dec 202322818671.262.61$16,733
Nov 202329418077.892.81$23,405
Oct 202324918685.443.09$21,849
Sep 202330317889.042.74$27,466
Aug 202331118880.522.67$25,544
Jul 202330318874.852.64$23,176
Jun 202327118068.962.26$19,095
May 202332418770.622.23$23,297
Apr 202329118078.122.24$23,136
Mar 202329618772.852.39$22,011
Feb 202327816975.112.47$21,297
Jan 202325918776.533.39$20,455
Dec 202224118876.415.73$19,492
Nov 202231718085.005.65$27,961
Oct 202230218887.185.86$27,431
Sep 202227418084.888.16$24,727
Aug 202236418594.529.13$36,094
Jul 2022333186101.587.54$35,229
Jun 2022298178115.097.98$35,717
May 2022316187109.378.43$36,138
Apr 2022327180104.226.84$35,311
Mar 2022365186108.885.08$40,685
Feb 2022301091.054.86$27,406
Jan 2022343081.844.54$28,071
Dec 2021328071.323.90$23,393
Nov 2021293077.435.24$22,687
Oct 2021283079.795.71$22,581
Sep 2021280069.865.35$19,561
Aug 2021233066.024.22$15,383
Jul 2021271070.783.98$19,181
Jun 2021291069.493.38$20,222
May 2021318063.483.02$20,187
Apr 2021380060.362.76$22,937
Mar 2021308061.302.72$18,880
Feb 2021234057.805.55$13,525
Jan 2021342050.412.81$17,240
Dec 2020276044.642.68$12,321
Nov 2020241038.772.71$9,344
Oct 2020267036.972.48$9,871
Sep 2020370037.091.99$13,723
Aug 2020349039.982.39$13,953
Jul 2020214038.371.83$8,211
Jun 2020262034.901.69$9,144
May 202095016.921.81$1,607
Apr 2020282014.751.80$4,160
Mar 2020405030.341.86$12,288
Feb 2020428049.881.98$21,349
Jan 2020510057.252.09$29,198
Dec 2019511059.012.30$30,154
Nov 2019417055.302.75$23,060
Oct 2019443053.472.42$23,687
Sep 2019499055.052.66$27,470
Aug 2019568053.112.30$30,166
Jul 2019531056.272.46$29,879
Jun 2019552052.782.49$29,135
May 2019566058.482.74$33,100
Apr 2019569062.632.75$35,636
Mar 2019487056.803.06$27,662
Feb 2019542050.852.79$27,561
Jan 2019576046.033.23$26,513
Dec 2018559046.594.19$26,044
Nov 2018520052.934.24$27,524
Oct 2018598061.443.40$36,741
Sep 2018534059.543.11$31,794
Aug 2018501059.403.07$29,759
Jul 2018544065.142.93$35,436
Jun 2018449060.183.08$27,021
May 2018624065.382.90$40,797
Apr 2018595063.842.90$37,985
Mar 2018596061.222.79$36,487
Feb 2018495061.782.77$30,581
Jan 2018519062.874.01$32,630
Dec 2017517057.272.92$29,609
Nov 2017526055.423.12$29,151
Oct 2017554049.292.98$27,307
Sep 2017517047.523.09$24,568
Aug 2017587045.373.00$26,632
Jul 2017569043.873.09$24,962
Jun 2017453042.493.09$19,248
May 2017523045.373.26$23,729
Apr 2017686047.933.21$32,880
Mar 2017655046.772.98$30,634
Feb 2017578050.452.95$29,160
Jan 2017545049.413.42$26,928
Dec 2016471048.763.72$22,966
Nov 2016518042.492.64$22,010
Oct 2016463046.193.09$21,386
Sep 2016570041.553.10$23,684
Aug 2016554041.442.92$22,958
Jul 2016520041.622.92$21,642
Jun 2016517045.352.69$23,446
May 2016554042.521.99$23,556
Apr 2016485036.561.99$17,732
Mar 2016538033.011.79$17,759
Feb 2016534026.472.06$14,135
Jan 2016529027.352.36$14,468
Dec 2015542032.362.00$17,539
Nov 2015545038.792.17$21,141
Oct 2015530043.552.43$23,082
Sep 2015644042.992.76$27,686
Aug 2015614040.162.87$24,658
Jul 2015638048.152.95$30,720
Jun 2015536056.152.88$30,096
May 2015518055.212.96$28,599
Apr 2015622049.822.71$30,988
Mar 2015677042.892.93$29,037
Feb 2015544044.662.98$24,295
Jan 2015610043.433.10$26,492
Dec 20146462054.693.59$35,402
Nov 2014559070.464.25$39,387
Oct 20146613578.303.90$51,893
Sep 20146902886.164.05$59,564
Aug 20146493189.394.04$58,139
Jul 20146913196.564.18$66,853
Jun 20146932998.164.74$68,162
May 20147263194.734.73$68,921
Apr 20146802595.944.81$65,359
Mar 20147003195.895.06$67,280
Feb 20145943097.406.19$58,041
Jan 201466026090.404.86$60,928
Dec 2013652091.824.35$59,867
Nov 20136172988.853.74$54,929
Oct 20137682897.423.78$74,924
Sep 201374028104.113.72$77,146
Aug 201372930104.253.52$76,104
Jul 201373331102.523.72$75,262
Jun 20136044994.403.93$57,210
May 20135923194.834.15$56,268
Apr 20136453093.964.28$60,733
Mar 20136942893.623.91$65,082
Feb 20136332891.233.42$57,844
Jan 20136952891.603.42$63,758
Dec 20127223186.773.42$62,754
Nov 20126953086.953.62$60,539
Oct 20127243189.383.40$64,817
Sep 20127302894.672.92$69,191
Aug 20127643192.662.91$70,882
Jul 20127583185.133.02$64,622
Jun 20127501879.822.52$59,910
May 20127883191.612.49$72,266
Apr 201273530101.652.00$74,773
Mar 201276927105.052.22$80,843
Feb 201268027101.102.57$68,817
Jan 20126733198.092.73$66,099
Dec 20117153196.873.24$69,362
Nov 20117893095.723.31$75,622
Oct 20117343184.983.65$62,488
Sep 20116973083.623.99$58,403
Aug 20117043083.404.15$58,838
Jul 20117822794.144.52$73,739
Jun 20117822892.904.64$72,778
May 20117793098.134.40$76,575
Apr 201178829105.964.33$83,622
Mar 20118343096.364.06$80,486
Feb 20116162785.644.18$52,867
Jan 20118293186.504.59$71,851
Dec 20108473185.734.35$72,748
Nov 20108032980.843.80$65,025
Oct 20108363178.103.51$65,400
Sep 20108213072.633.98$59,749
Aug 20108353173.684.42$61,660
Jul 20109143172.554.74$66,458
Jun 20108473070.364.91$59,742
May 20108983171.124.24$63,997
Apr 20108563081.694.12$70,050
Mar 20108943178.394.39$70,217
Feb 20108342873.585.44$61,518
Jan 20108483174.365.96$63,242
Dec 20098603171.445.48$61,608
Nov 20098673074.593.75$64,782
Oct 20099143172.544.11$66,429
Sep 20098533065.543.06$55,998
Aug 20099063167.423.22$61,182
Jul 20099093161.133.46$55,675
Jun 20098903066.163.90$58,999
May 20099103154.743.93$49,935
Apr 20098733046.773.59$40,938
Mar 20099233142.144.06$39,021
Feb 20098102832.814.63$26,706
Jan 20098513135.865.37$30,683
Dec 20088413137.105.98$31,386
Nov 20089133055.496.86$50,868
Oct 20089653075.246.92$72,814
Sep 200899530101.767.88$101,488
Aug 200897328114.228.48$111,374
Jul 20081,00431131.0811.39$131,957
Jun 20081,02330131.3313.03$134,742
May 20081,11131123.1711.57$137,201
Apr 20081,01330110.3110.45$112,058
Mar 20081,04531101.909.66$106,785
Feb 20081,0032992.538.77$93,062
Jan 20081,0373190.388.21$93,978
Dec 20071,0473188.337.30$92,708
Nov 20071,0693091.677.29$98,214
Oct 20071,1413182.856.92$94,746
Sep 20071,1073075.846.24$84,142
Aug 20071,1073169.066.39$76,647
Jul 20071,1583170.906.39$82,300
Jun 20071,1463162.007.55$71,286
May 20071,0913158.747.85$64,329
Apr 20071,1473059.617.81$68,607
Mar 20071,1723156.927.30$66,937
Feb 20071,0472855.108.22$57,920
Jan 20071,1773250.306.73$59,418
Dec 20061,1843256.656.92$67,295
Nov 20061,3083054.207.62$71,122
Oct 20061,1853154.906.01$65,243
Sep 20061,1503060.085.04$69,243
Aug 20061,1003168.717.34$75,809
Jul 20061,1603169.376.34$80,666
Jun 20061,2562966.286.38$83,433
May 20061,2643166.016.42$83,636
Apr 20061,2103164.397.36$78,140
Mar 20061,3303156.707.08$75,631
Feb 20061,2042857.597.75$69,555
Jan 20061,3273160.598.93$80,680
Dec 20051,3013154.9413.42$71,893
Nov 20051,2263054.6910.59$67,368
Oct 20051,3293158.3413.80$77,962
Sep 20051,3343061.4512.08$82,337
Aug 20051,3963161.519.80$86,172
Jul 20051,3803155.697.84$77,095
Jun 20051,3183052.337.38$69,192
May 20051,3473145.226.65$61,118
Apr 20051,2673049.207.36$62,557
Mar 20051,3983150.377.15$70,639
Feb 20051,2162945.226.31$55,171
Jan 20051,3972743.166.32$60,465
Dec 20041,3453139.866.75$53,821
Nov 20041,3752345.286.33$62,406
Oct 20041,4142949.706.52$70,465
Sep 20041,4663043.245.28$63,548
Aug 20041,4533242.375.55$61,741
Jul 20041,4763038.286.08$56,684
Jun 20041,5181736.106.43$54,909
May 20041,5393337.486.49$57,896
Apr 20041,4853034.475.86$51,364
Mar 20041,6063234.365.53$55,359
Feb 20041,4402932.455.51$46,888
Jan 20041,5303132.036.30$49,201
Dec 20031,5683230.266.30$47,649
Nov 20031,3203028.804.60$38,154
Oct 20031,5313128.174.76$43,276
Sep 20031,4463026.314.75$38,187
Aug 20031,5353129.765.13$45,841
Jul 20031,5643129.415.17$46,158
Jun 20031,4543028.565.98$41,706
May 20031,7023126.595.97$45,441
Apr 20031,5513026.675.41$41,527
Mar 20031,6493231.146.10$51,545
Feb 20031,5262833.487.93$51,312
Jan 20031,6223130.315.58$49,336
Dec 20021,6743226.914.85$45,203
Nov 20021,6742924.664.14$41,401
Oct 20021,6513126.464.23$43,817
Sep 20021,6213027.443.64$44,589
Aug 20021,7133225.963.16$44,571
Jul 20021,7213124.583.06$42,397
Jun 20021,6753023.733.34$39,848
May 20021,7703124.663.58$43,759
Apr 20021,7933023.653.51$42,510
Mar 20021,8273022.003.10$40,287
Feb 20021,7132818.222.38$31,277
Jan 20021,8663117.172.38$32,113
Dec 20011,8513116.932.36$31,411
Nov 20011,8543018.072.41$33,574
Oct 20012,0103119.782.53$39,836
Sep 20011,9533224.262.25$47,452
Aug 20011,9803124.873.05$49,337
Jul 20012,0043323.933.20$48,061
Jun 20011,9603024.563.82$48,252
May 20011,9723125.524.31$50,459
Apr 20011,8803024.685.34$46,558
Mar 20012,0623124.545.38$50,768
Feb 20011,9642827.755.77$54,662
Jan 20012,0693127.478.40$57,096
Dec 20001,9173226.889.12$51,821
Nov 20001,9853032.215.66$64,107
Oct 20002,3683131.235.15$74,112
Sep 20001,7673031.875.19$56,470
Aug 20002,0663129.644.54$61,377
Jul 20002,1183128.534.09$60,553
Jun 20001,9373129.304.40$56,890
May 20001,9563127.263.68$53,435
Apr 20002,0453024.513.12$50,216
Mar 20001,9663028.422.86$55,960
Feb 20001,9772927.622.73$54,684
Jan 20002,0213225.272.48$51,150
Dec 19992,0713124.282.42$50,359
Nov 19992,1653023.192.43$50,279
Oct 19992,1743120.982.80$45,697
Sep 19992,0673021.752.62$45,036
Aug 19992,1483219.262.88$41,463
Jul 19992,1553117.892.37$38,626
Jun 19992,0293015.942.36$32,413
May 19992,2503115.792.32$35,599
Apr 19992,0933015.102.21$31,671
Mar 19992,2983112.471.84$28,713
Feb 19992,0051,1489.981.82$22,097
Jan 19992,1881,27110.381.90$25,126
Dec 19982,2901,2729.201.77$23,324
Nov 19982,3643410.892.19$25,818
Oct 19982,4571,27112.421.97$33,019
Sep 19982,4071,23012.592.08$32,866
Aug 19982,5441,27111.301.91$31,171
Jul 19982,5041,27211.742.24$32,243
Jun 19982,5123011.242.24$28,302
May 19982,4931,27112.622.21$34,266
Apr 19982,5202913.042.51$32,933
Mar 19982,6931,27212.802.31$37,408
Feb 19982,5311,14813.952.30$37,947
Jan 19982,7691,27214.702.15$43,445
Dec 19972,7081,27116.322.41$47,259
Nov 19972,4499418.193.09$44,838
Oct 19972,82727119.253.15$55,273
Sep 19972,35965017.742.95$43,769
Aug 19972,85265017.862.55$52,597
Jul 19972,90965217.582.25$52,605
Jun 19972,7553217.242.26$47,568
May 19972,9383118.972.31$55,805
Apr 19972,8253117.882.08$50,576
Mar 19973,0177118.951.94$57,310
Feb 19972,8282820.492.21$58,007
Jan 19972,7273123.483.54$64,140
Dec 19962,7573123.32$64,293
Nov 19962,6043121.97$57,210
Oct 19962,8593123.31$66,643
Sep 19962,6963122.22$59,905
Aug 19962,9533020.26$59,828
Jul 19962,7022919.55$52,824
Jun 19962,6243018.73$49,148
May 19962,8273019.43$54,929
Apr 19962,4673021.51$53,065
Mar 19962,8423119.38$55,078
Feb 19962,6172816.98$44,437
Jan 19962,5472817.07$43,477
Dec 19952,5853317.19$44,436
Nov 19952,5183116.00$40,288
Oct 19952,7273115.43$42,078
Sep 19952,8993116.18$46,906
Aug 19952,9273215.92$46,598
Jul 19953,0823015.24$46,970
Jun 19952,9973016.41$49,181
May 19953,1473117.56$55,261
Apr 19953,0943017.73$54,857
Mar 19953,3293816.44$54,729
Feb 19952,9472816.58$48,861
Jan 19953,2153115.92$51,183
Dec 19943,1612515.03$47,510
Nov 19942,9232515.90$46,476
Oct 19943,2113115.58$50,027
Sep 19943,2813115.29$50,166
Aug 19943,5033116.13$56,503
Jul 19943,2863217.56$57,702
Jun 19943,2643617.09$55,782
May 19943,4993015.88$55,564
Apr 19943,4173614.14$48,316
Mar 19943,8193312.46$47,585
Feb 19943,2243512.50$40,300
Jan 19945,0063312.66$63,376
Dec 19933,3091612.33$40,800
Nov 19933,1174014.49$45,165
Oct 19933,4323915.85$54,397
Sep 19933,2753815.03$49,223
Aug 19933,6602915.66$57,316
Jul 19933,7122815.46$57,388
Jun 19934,1013516.79$68,856
May 19934,0744017.68$72,028
Apr 19933,9453518.05$71,207
Mar 19933,6442918.14$66,102
Feb 19933,6701817.90$65,693
Jan 19934,0453016.93$68,482

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                  496 bbl  × $106.41 =    $52,779
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $52,779

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/2916 is the state's own key, not one this site invented.