NAIL -M-

Name: NAIL -M- 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 31005District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$2.2 M

Jan 1993 – Jun 2023

Value, last 12 filed months

at the published price for each month

Months reported

366

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	42,077 bbl	$1,697,100
Casinghead gas	Production	158,612 Mcf	$523,735
Total			$2,220,834

37,378 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 (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 32.0965, -102.0746. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09652, -102.07464 · 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

100.0%

1 of 1 wells

Median depth

9,450 ft

1 wells filed one

Completion to plug

35.9 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 9,450 ft.

Completions filed

Dec 1986

1 of 1 wells

Plug dates filed

Nov 2022

1 of 1 wells

Last completion to plug: a median of 35.9 years across the 1 well that filed both dates, with the middle half between 35.9 years and 35.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-31733391	1	9,450 ft	Dec 1986	Nov 2022	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 (366)

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

366 months


Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
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	67	0	69.86	5.35	$4,681
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	178	169	50.41	2.81	$9,448
Dec 2020	0	335	44.64	2.68	$896
Nov 2020	0	282	38.77	2.71	$763
Oct 2020	175	262	36.97	2.48	$7,119
Sep 2020	0	270	37.09	1.99	$538
Aug 2020	0	271	39.98	2.39	$646
Jul 2020	178	283	38.37	1.83	$7,346
Jun 2020	0	308	34.90	1.69	$521
May 2020	180	189	16.92	1.81	$3,389
Apr 2020	0	114	14.75	1.80	$206
Mar 2020	0	140	30.34	1.86	$260
Feb 2020	180	140	49.88	1.98	$9,256
Jan 2020	0	205	57.25	2.09	$429
Dec 2019	177	405	59.01	2.30	$11,378
Nov 2019	0	436	55.30	2.75	$1,199
Oct 2019	0	131	53.47	2.42	$317
Sep 2019	179	64	55.05	2.66	$10,024
Aug 2019	0	81	53.11	2.30	$187
Jul 2019	0	87	56.27	2.46	$214
Jun 2019	177	84	52.78	2.49	$9,551
May 2019	0	87	58.48	2.74	$238
Apr 2019	174	84	62.63	2.75	$11,129
Mar 2019	0	87	56.80	3.06	$266
Feb 2019	0	78	50.85	2.79	$218
Jan 2019	180	87	46.03	3.23	$8,566
Dec 2018	0	128	46.59	4.19	$536
Nov 2018	182	117	52.93	4.24	$10,129
Oct 2018	0	87	61.44	3.40	$296
Sep 2018	162	126	59.54	3.11	$10,037
Aug 2018	0	101	59.40	3.07	$310
Jul 2018	0	151	65.14	2.93	$443
Jun 2018	179	209	60.18	3.08	$11,415
May 2018	0	234	65.38	2.90	$679
Apr 2018	0	241	63.84	2.90	$699
Mar 2018	177	238	61.22	2.79	$11,499
Feb 2018	0	214	61.78	2.77	$592
Jan 2018	180	241	62.87	4.01	$12,283
Dec 2017	0	248	57.27	2.92	$725
Nov 2017	176	244	55.42	3.12	$10,515
Oct 2017	0	286	49.29	2.98	$853
Sep 2017	178	257	47.52	3.09	$9,252
Aug 2017	0	242	45.37	3.00	$727
Jul 2017	0	258	43.87	3.09	$797
Jun 2017	174	255	42.49	3.09	$8,181
May 2017	0	272	45.37	3.26	$888
Apr 2017	179	277	47.93	3.21	$9,469
Mar 2017	0	268	46.77	2.98	$800
Feb 2017	179	225	50.45	2.95	$9,695
Jan 2017	0	238	49.41	3.42	$814
Dec 2016	0	236	48.76	3.72	$879
Nov 2016	178	254	42.49	2.64	$8,235
Oct 2016	0	320	46.19	3.09	$989
Sep 2016	178	323	41.55	3.10	$8,397
Aug 2016	0	314	41.44	2.92	$918
Jul 2016	172	269	41.62	2.92	$7,945
Jun 2016	0	263	45.35	2.69	$706
May 2016	178	303	42.52	1.99	$8,172
Apr 2016	0	283	36.56	1.99	$563
Mar 2016	180	244	33.01	1.79	$6,380
Feb 2016	0	189	26.47	2.06	$390
Jan 2016	0	193	27.35	2.36	$456
Dec 2015	177	240	32.36	2.00	$6,208
Nov 2015	178	237	38.79	2.17	$7,418
Oct 2015	0	239	43.55	2.43	$580
Sep 2015	0	241	42.99	2.76	$665
Aug 2015	178	249	40.16	2.87	$7,864
Jul 2015	0	256	48.15	2.95	$754
Jun 2015	177	216	56.15	2.88	$10,561
May 2015	0	329	55.21	2.96	$972
Apr 2015	192	315	49.82	2.71	$10,418
Mar 2015	0	298	42.89	2.93	$875
Feb 2015	182	255	44.66	2.98	$8,887
Jan 2015	0	222	43.43	3.10	$688
Dec 2014	181	189	54.69	3.59	$10,578
Nov 2014	0	235	70.46	4.25	$999
Oct 2014	0	212	78.30	3.90	$827
Sep 2014	183	232	86.16	4.05	$16,706
Aug 2014	0	234	89.39	4.04	$944
Jul 2014	185	166	96.56	4.18	$18,557
Jun 2014	0	223	98.16	4.74	$1,056
May 2014	184	193	94.73	4.73	$18,343
Apr 2014	0	142	95.94	4.81	$683
Mar 2014	184	207	95.89	5.06	$18,691
Feb 2014	0	157	97.40	6.19	$972
Jan 2014	184	198	90.40	4.86	$17,596
Dec 2013	0	227	91.82	4.35	$988
Nov 2013	189	161	88.85	3.74	$17,395
Oct 2013	0	214	97.42	3.78	$809
Sep 2013	185	255	104.11	3.72	$20,208
Aug 2013	0	267	104.25	3.52	$941
Jul 2013	180	114	102.52	3.72	$18,877
Jun 2013	0	93	94.40	3.93	$366
May 2013	188	102	94.83	4.15	$18,251
Apr 2013	0	101	93.96	4.28	$433
Mar 2013	177	124	93.62	3.91	$17,056
Feb 2013	0	92	91.23	3.42	$315
Jan 2013	179	87	91.60	3.42	$16,694
Dec 2012	0	87	86.77	3.42	$298
Nov 2012	181	84	86.95	3.62	$16,042
Oct 2012	0	87	89.38	3.40	$296
Sep 2012	179	84	94.67	2.92	$17,191
Aug 2012	0	87	92.66	2.91	$253
Jul 2012	178	87	85.13	3.02	$15,416
Jun 2012	0	84	79.82	2.52	$212
May 2012	181	87	91.61	2.49	$16,798
Apr 2012	0	100	101.65	2.00	$200
Mar 2012	176	305	105.05	2.22	$19,167
Feb 2012	0	300	101.10	2.57	$771
Jan 2012	185	331	98.09	2.73	$19,052
Dec 2011	0	293	96.87	3.24	$949
Nov 2011	177	240	95.72	3.31	$17,737
Oct 2011	0	305	84.98	3.65	$1,113
Sep 2011	182	216	83.62	3.99	$16,080
Aug 2011	0	242	83.40	4.15	$1,004
Jul 2011	176	404	94.14	4.52	$18,394
Jun 2011	0	403	92.90	4.64	$1,870
May 2011	183	290	98.13	4.40	$19,235
Apr 2011	0	373	105.96	4.33	$1,616
Mar 2011	180	419	96.36	4.06	$19,045
Feb 2011	0	374	85.64	4.18	$1,563
Jan 2011	185	405	86.50	4.59	$17,861
Dec 2010	180	416	85.73	4.35	$17,240
Nov 2010	0	350	80.84	3.80	$1,328
Oct 2010	180	434	78.10	3.51	$15,581
Sep 2010	0	417	72.63	3.98	$1,659
Aug 2010	175	457	73.68	4.42	$14,914
Jul 2010	0	453	72.55	4.74	$2,146
Jun 2010	176	419	70.36	4.91	$14,441
May 2010	0	435	71.12	4.24	$1,842
Apr 2010	168	442	81.69	4.12	$15,546
Mar 2010	183	495	78.39	4.39	$16,518
Feb 2010	0	447	73.58	5.44	$2,433
Jan 2010	182	501	74.36	5.96	$16,522
Dec 2009	0	485	71.44	5.48	$2,660
Nov 2009	181	478	74.59	3.75	$15,294
Oct 2009	0	502	72.54	4.11	$2,063
Sep 2009	177	509	65.54	3.06	$13,161
Aug 2009	177	520	67.42	3.22	$13,607
Jul 2009	0	523	61.13	3.46	$1,812
Jun 2009	180	487	66.16	3.90	$13,806
May 2009	0	340	54.74	3.93	$1,335
Apr 2009	181	397	46.77	3.59	$9,890
Mar 2009	0	507	42.14	4.06	$2,058
Feb 2009	183	442	32.81	4.63	$8,052
Jan 2009	182	492	35.86	5.37	$9,169
Dec 2008	0	469	37.10	5.98	$2,803
Nov 2008	182	84	55.49	6.86	$10,675
Oct 2008	0	105	75.24	6.92	$727
Sep 2008	180	211	101.76	7.88	$19,979
Aug 2008	0	512	114.22	8.48	$4,343
Jul 2008	176	445	131.08	11.39	$28,138
Jun 2008	0	112	131.33	13.03	$1,460
May 2008	178	359	123.17	11.57	$26,079
Apr 2008	176	363	110.31	10.45	$23,210
Mar 2008	0	398	101.90	9.66	$3,846
Feb 2008	179	390	92.53	8.77	$19,983
Jan 2008	0	384	90.38	8.21	$3,151
Dec 2007	178	457	88.33	7.30	$19,060
Nov 2007	179	462	91.67	7.29	$19,778
Oct 2007	0	450	82.85	6.92	$3,115
Sep 2007	180	534	75.84	6.24	$16,986
Aug 2007	0	650	69.06	6.39	$4,152
Jul 2007	177	633	70.90	6.39	$16,593
Jun 2007	178	601	62.00	7.55	$15,573
May 2007	0	568	58.74	7.85	$4,457
Apr 2007	180	533	59.61	7.81	$14,890
Mar 2007	184	548	56.92	7.30	$14,475
Feb 2007	0	467	55.10	8.22	$3,837
Jan 2007	171	581	50.30	6.73	$12,510
Dec 2006	0	604	56.65	6.92	$4,179
Nov 2006	182	544	54.20	7.62	$14,008
Oct 2006	0	457	54.90	6.01	$2,748
Sep 2006	188	397	60.08	5.04	$13,295
Aug 2006	178	318	68.71	7.34	$14,564
Jul 2006	0	484	69.37	6.34	$3,070
Jun 2006	179	475	66.28	6.38	$14,896
May 2006	180	325	66.01	6.42	$13,970
Apr 2006	0	236	64.39	7.36	$1,737
Mar 2006	176	368	56.70	7.08	$12,586
Feb 2006	178	405	57.59	7.75	$13,390
Jan 2006	0	370	60.59	8.93	$3,305
Dec 2005	182	424	54.94	13.42	$15,687
Nov 2005	0	385	54.69	10.59	$4,077
Oct 2005	177	383	58.34	13.80	$15,610
Sep 2005	182	251	61.45	12.08	$14,216
Aug 2005	0	342	61.51	9.80	$3,351
Jul 2005	173	476	55.69	7.84	$13,368
Jun 2005	182	434	52.33	7.38	$12,727
May 2005	0	409	45.22	6.65	$2,720
Apr 2005	174	401	49.20	7.36	$11,512
Mar 2005	179	448	50.37	7.15	$12,222
Feb 2005	0	353	45.22	6.31	$2,228
Jan 2005	181	409	43.16	6.32	$10,398
Dec 2004	191	435	39.86	6.75	$10,550
Nov 2004	0	495	45.28	6.33	$3,134
Oct 2004	176	535	49.70	6.52	$12,233
Sep 2004	181	485	43.24	5.28	$10,389
Aug 2004	0	430	42.37	5.55	$2,387
Jul 2004	174	581	38.28	6.08	$10,196
Jun 2004	175	492	36.10	6.43	$9,483
May 2004	0	497	37.48	6.49	$3,228
Apr 2004	181	477	34.47	5.86	$9,034
Mar 2004	181	509	34.36	5.53	$9,034
Feb 2004	0	484	32.45	5.51	$2,667
Jan 2004	186	397	32.03	6.30	$8,459
Dec 2003	186	348	30.26	6.30	$7,821
Nov 2003	0	499	28.80	4.60	$2,293
Oct 2003	181	505	28.17	4.76	$7,502
Sep 2003	179	534	26.31	4.75	$7,246
Aug 2003	0	598	29.76	5.13	$3,068
Jul 2003	175	655	29.41	5.17	$8,534
Jun 2003	178	845	28.56	5.98	$10,139
May 2003	181	861	26.59	5.97	$9,955
Apr 2003	0	709	26.67	5.41	$3,834
Mar 2003	182	776	31.14	6.10	$10,398
Feb 2003	177	507	33.48	7.93	$9,944
Jan 2003	0	561	30.31	5.58	$3,132
Dec 2002	183	774	26.91	4.85	$8,681
Nov 2002	180	616	24.66	4.14	$6,987
Oct 2002	180	574	26.46	4.23	$7,190
Sep 2002	0	685	27.44	3.64	$2,490
Aug 2002	181	569	25.96	3.16	$6,499
Jul 2002	182	688	24.58	3.06	$6,580
Jun 2002	0	622	23.73	3.34	$2,076
May 2002	182	669	24.66	3.58	$6,886
Apr 2002	175	768	23.65	3.51	$6,836
Mar 2002	177	806	22.00	3.10	$6,395
Feb 2002	0	654	18.22	2.38	$1,554
Jan 2002	175	737	17.17	2.38	$4,756
Dec 2001	270	458	16.93	2.36	$5,654
Nov 2001	0	794	18.07	2.41	$1,910
Oct 2001	186	615	19.78	2.53	$5,234
Sep 2001	183	657	24.26	2.25	$5,919
Aug 2001	173	715	24.87	3.05	$6,486
Jul 2001	0	716	23.93	3.20	$2,289
Jun 2001	178	872	24.56	3.82	$7,706
May 2001	179	793	25.52	4.31	$7,984
Apr 2001	181	820	24.68	5.34	$8,842
Mar 2001	183	613	24.54	5.38	$7,787
Feb 2001	0	582	27.75	5.77	$3,356
Jan 2001	175	588	27.47	8.40	$9,746
Dec 2000	172	668	26.88	9.12	$10,717
Nov 2000	180	569	32.21	5.66	$9,017
Oct 2000	174	717	31.23	5.15	$9,123
Sep 2000	190	747	31.87	5.19	$9,930
Aug 2000	0	721	29.64	4.54	$3,274
Jul 2000	180	684	28.53	4.09	$7,933
Jun 2000	174	661	29.30	4.40	$8,005
May 2000	176	842	27.26	3.68	$7,896
Apr 2000	160	630	24.51	3.12	$5,885
Mar 2000	171	763	28.42	2.86	$7,042
Feb 2000	182	697	27.62	2.73	$6,927
Jan 2000	175	690	25.27	2.48	$6,134
Dec 1999	0	762	24.28	2.42	$1,847
Nov 1999	182	919	23.19	2.43	$6,457
Oct 1999	182	764	20.98	2.80	$5,960
Sep 1999	179	869	21.75	2.62	$6,169
Aug 1999	179	960	19.26	2.88	$6,208
Jul 1999	184	1,112	17.89	2.37	$5,930
Jun 1999	180	808	15.94	2.36	$4,778
May 1999	0	565	15.79	2.32	$1,311
Apr 1999	179	1,052	15.10	2.21	$5,026
Mar 1999	185	739	12.47	1.84	$3,665
Feb 1999	176	583	9.98	1.82	$2,816
Jan 1999	186	670	10.38	1.90	$3,204
Dec 1998	180	776	9.20	1.77	$3,032
Nov 1998	186	84	10.89	2.19	$2,209
Oct 1998	177	752	12.42	1.97	$3,679
Sep 1998	177	1,152	12.59	2.08	$4,628
Aug 1998	178	749	11.30	1.91	$3,440
Jul 1998	179	755	11.74	2.24	$3,791
Jun 1998	171	665	11.24	2.24	$3,410
May 1998	0	607	12.62	2.21	$1,339
Apr 1998	177	645	13.04	2.51	$3,924
Mar 1998	180	692	12.80	2.31	$3,902
Feb 1998	182	426	13.95	2.30	$3,518
Jan 1998	173	746	14.70	2.15	$4,151
Dec 1997	345	609	16.32	2.41	$7,099
Nov 1997	0	780	18.19	3.09	$2,409
Oct 1997	170	681	19.25	3.15	$5,418
Sep 1997	351	567	17.74	2.95	$7,902
Aug 1997	0	554	17.86	2.55	$1,415
Jul 1997	182	679	17.58	2.25	$4,725
Jun 1997	181	729	17.24	2.26	$4,766
May 1997	182	787	18.97	2.31	$5,269
Apr 1997	181	805	17.88	2.08	$4,913
Mar 1997	176	984	18.95	1.94	$5,243
Feb 1997	175	737	20.49	2.21	$5,212
Jan 1997	177	483	23.48	3.54	$5,866
Dec 1996	343	597	23.32	—	$7,999
Nov 1996	0	714	21.97	—	$0
Oct 1996	364	919	23.31	—	$8,485
Sep 1996	178	848	22.22	—	$3,955
Aug 1996	178	802	20.26	—	$3,606
Jul 1996	171	933	19.55	—	$3,343
Jun 1996	179	773	18.73	—	$3,353
May 1996	179	713	19.43	—	$3,478
Apr 1996	178	702	21.51	—	$3,829
Mar 1996	181	632	19.38	—	$3,508
Feb 1996	184	560	16.98	—	$3,124
Jan 1996	180	665	17.07	—	$3,073
Dec 1995	183	840	17.19	—	$3,146
Nov 1995	359	581	16.00	—	$5,744
Oct 1995	179	650	15.43	—	$2,762
Sep 1995	176	658	16.18	—	$2,848
Aug 1995	177	641	15.92	—	$2,818
Jul 1995	178	707	15.24	—	$2,713
Jun 1995	180	828	16.41	—	$2,954
May 1995	182	801	17.56	—	$3,196
Apr 1995	179	536	17.73	—	$3,174
Mar 1995	182	766	16.44	—	$2,992
Feb 1995	355	708	16.58	—	$5,886
Jan 1995	185	771	15.92	—	$2,945
Dec 1994	180	750	15.03	—	$2,705
Nov 1994	184	584	15.90	—	$2,926
Oct 1994	180	526	15.58	—	$2,804
Sep 1994	356	566	15.29	—	$5,443
Aug 1994	178	656	16.13	—	$2,871
Jul 1994	177	821	17.56	—	$3,108
Jun 1994	177	827	17.09	—	$3,025
May 1994	355	789	15.88	—	$5,637
Apr 1994	181	857	14.14	—	$2,559
Mar 1994	185	859	12.46	—	$2,305
Feb 1994	171	754	12.50	—	$2,138
Jan 1994	366	768	12.66	—	$4,634
Dec 1993	182	816	12.33	—	$2,244
Nov 1993	181	849	14.49	—	$2,623
Oct 1993	359	844	15.85	—	$5,690
Sep 1993	181	889	15.03	—	$2,720
Aug 1993	178	977	15.66	—	$2,787
Jul 1993	358	1,266	15.46	—	$5,535
Jun 1993	181	1,020	16.79	—	$3,039
May 1993	181	1,046	17.68	—	$3,200
Apr 1993	358	924	18.05	—	$6,462
Mar 1993	180	961	18.14	—	$3,265
Feb 1993	363	815	17.90	—	$6,498
Jan 1993	185	869	16.93	—	$3,132

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.

Sep 2021 — as filed, then multipliedworked

Oil                   67 bbl  × $ 69.86 =     $4,681
Casinghead gas         0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                   $4,681

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/31005 is the state's own key, not one this site invented.