TEXAS TEN -B-

Name: TEXAS TEN -B- 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 31412District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$3.7 M

Jan 1993 – Mar 2022

Value, last 12 filed months

at the published price for each month

Months reported

351

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	61,779 bbl	$3,018,643
Casinghead gas	Production	193,407 Mcf	$663,172
Total			$3,681,815

43,032 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 31.9058, -102.0214. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.90580, -102.02143 · 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

9,529 ft

2 wells filed one

Completion to plug

7.8 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 9,400 and 9,658 ft, median 9,529 ft, over the 2 wells that filed a depth.

Completions filed

Feb 2006 – Sep 2019

2 of 2 wells

Plug dates filed

Mar 2020 – Feb 2021

2 of 2 wells

Last completion to plug: a median of 7.8 years across the 2 wells that filed both dates, with the middle half between 4.6 years and 10.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-32931884	1	9,400 ft	Sep 2019	Feb 2021	Yes
42-32935270	2	9,658 ft	Feb 2006	Mar 2020	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 (351)

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

351 months


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	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	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	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	85	0	14.75	1.80	$1,254
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	88	59.01	2.30	$203
Nov 2019	164	101	55.30	2.75	$9,347
Oct 2019	0	186	53.47	2.42	$450
Sep 2019	0	100	55.05	2.66	$266
Aug 2019	172	101	53.11	2.30	$9,368
Jul 2019	0	135	56.27	2.46	$332
Jun 2019	169	154	52.78	2.49	$9,303
May 2019	170	180	58.48	2.74	$10,435
Apr 2019	0	205	62.63	2.75	$564
Mar 2019	0	121	56.80	3.06	$371
Feb 2019	164	82	50.85	2.79	$8,568
Jan 2019	0	147	46.03	3.23	$475
Dec 2018	168	142	46.59	4.19	$8,421
Nov 2018	0	216	52.93	4.24	$915
Oct 2018	163	94	61.44	3.40	$10,334
Sep 2018	169	165	59.54	3.11	$10,575
Aug 2018	159	173	59.40	3.07	$9,975
Jul 2018	342	293	65.14	2.93	$23,137
Jun 2018	164	285	60.18	3.08	$10,746
May 2018	514	271	65.38	2.90	$34,391
Apr 2018	335	361	63.84	2.90	$22,434
Mar 2018	0	129	61.22	2.79	$360
Feb 2018	344	243	61.78	2.77	$21,924
Jan 2018	168	463	62.87	4.01	$12,418
Dec 2017	178	190	57.27	2.92	$10,749
Nov 2017	343	380	55.42	3.12	$20,194
Oct 2017	343	363	49.29	2.98	$17,990
Sep 2017	173	317	47.52	3.09	$9,200
Aug 2017	341	482	45.37	3.00	$16,919
Jul 2017	333	446	43.87	3.09	$15,986
Jun 2017	341	224	42.49	3.09	$15,181
May 2017	341	552	45.37	3.26	$17,273
Apr 2017	337	433	47.93	3.21	$17,543
Mar 2017	717	659	46.77	2.98	$35,500
Feb 2017	0	236	50.45	2.95	$697
Jan 2017	0	250	49.41	3.42	$855
Dec 2016	171	173	48.76	3.72	$8,982
Nov 2016	171	444	42.49	2.64	$8,440
Oct 2016	165	432	46.19	3.09	$8,956
Sep 2016	0	428	41.55	3.10	$1,327
Aug 2016	168	427	41.44	2.92	$8,211
Jul 2016	171	467	41.62	2.92	$8,483
Jun 2016	173	583	45.35	2.69	$9,411
May 2016	171	614	42.52	1.99	$8,493
Apr 2016	0	547	36.56	1.99	$1,089
Mar 2016	171	594	33.01	1.79	$6,710
Feb 2016	186	540	26.47	2.06	$6,038
Jan 2016	187	587	27.35	2.36	$6,502
Dec 2015	184	624	32.36	2.00	$7,203
Nov 2015	0	533	38.79	2.17	$1,155
Oct 2015	185	462	43.55	2.43	$9,178
Sep 2015	181	579	42.99	2.76	$9,378
Aug 2015	0	596	40.16	2.87	$1,712
Jul 2015	183	563	48.15	2.95	$10,470
Jun 2015	177	538	56.15	2.88	$11,490
May 2015	186	564	55.21	2.96	$11,936
Apr 2015	184	561	49.82	2.71	$10,685
Mar 2015	184	632	42.89	2.93	$9,747
Feb 2015	179	551	44.66	2.98	$9,634
Jan 2015	183	589	43.43	3.10	$9,774
Dec 2014	179	642	54.69	3.59	$12,095
Nov 2014	178	586	70.46	4.25	$15,033
Oct 2014	0	545	78.30	3.90	$2,126
Sep 2014	177	516	86.16	4.05	$17,338
Aug 2014	0	540	89.39	4.04	$2,179
Jul 2014	176	559	96.56	4.18	$19,331
Jun 2014	177	644	98.16	4.74	$20,425
May 2014	196	633	94.73	4.73	$21,559
Apr 2014	2	594	95.94	4.81	$3,049
Mar 2014	183	647	95.89	5.06	$20,820
Feb 2014	188	575	97.40	6.19	$21,872
Jan 2014	187	663	90.40	4.86	$20,127
Dec 2013	202	678	91.82	4.35	$21,500
Nov 2013	0	645	88.85	3.74	$2,411
Oct 2013	185	705	97.42	3.78	$20,687
Sep 2013	184	688	104.11	3.72	$21,714
Aug 2013	187	721	104.25	3.52	$22,035
Jul 2013	179	721	102.52	3.72	$21,032
Jun 2013	187	700	94.40	3.93	$20,406
May 2013	183	714	94.83	4.15	$20,316
Apr 2013	171	694	93.96	4.28	$19,039
Mar 2013	191	707	93.62	3.91	$20,648
Feb 2013	189	631	91.23	3.42	$19,400
Jan 2013	189	693	91.60	3.42	$19,682
Dec 2012	189	702	86.77	3.42	$18,800
Nov 2012	183	686	86.95	3.62	$18,399
Oct 2012	180	765	89.38	3.40	$18,689
Sep 2012	197	692	94.67	2.92	$20,670
Aug 2012	345	718	92.66	2.91	$34,056
Jul 2012	182	675	85.13	3.02	$17,533
Jun 2012	182	912	79.82	2.52	$16,825
May 2012	181	790	91.61	2.49	$18,547
Apr 2012	180	759	101.65	2.00	$19,813
Mar 2012	184	795	105.05	2.22	$21,096
Feb 2012	186	873	101.10	2.57	$21,048
Jan 2012	180	769	98.09	2.73	$19,759
Dec 2011	178	696	96.87	3.24	$19,498
Nov 2011	173	701	95.72	3.31	$18,881
Oct 2011	377	775	84.98	3.65	$34,865
Sep 2011	0	717	83.62	3.99	$2,858
Aug 2011	343	802	83.40	4.15	$31,934
Jul 2011	336	920	94.14	4.52	$35,787
Jun 2011	0	719	92.90	4.64	$3,336
May 2011	171	693	98.13	4.40	$19,833
Apr 2011	170	746	105.96	4.33	$21,246
Mar 2011	178	704	96.36	4.06	$20,008
Feb 2011	0	530	85.64	4.18	$2,215
Jan 2011	169	578	86.50	4.59	$17,271
Dec 2010	182	722	85.73	4.35	$18,742
Nov 2010	170	795	80.84	3.80	$16,760
Oct 2010	182	840	78.10	3.51	$17,162
Sep 2010	358	492	72.63	3.98	$27,959
Aug 2010	169	795	73.68	4.42	$15,965
Jul 2010	166	812	72.55	4.74	$15,889
Jun 2010	338	778	70.36	4.91	$27,602
May 2010	169	804	71.12	4.24	$15,424
Apr 2010	173	767	81.69	4.12	$17,294
Mar 2010	171	817	78.39	4.39	$16,990
Feb 2010	341	732	73.58	5.44	$29,075
Jan 2010	169	802	74.36	5.96	$17,350
Dec 2009	339	829	71.44	5.48	$28,764
Nov 2009	170	874	74.59	3.75	$15,959
Oct 2009	170	881	72.54	4.11	$15,953
Sep 2009	337	858	65.54	3.06	$24,717
Aug 2009	336	946	67.42	3.22	$25,698
Jul 2009	166	897	61.13	3.46	$13,255
Jun 2009	333	848	66.16	3.90	$25,334
May 2009	169	916	54.74	3.93	$12,847
Apr 2009	337	925	46.77	3.59	$19,080
Mar 2009	171	899	42.14	4.06	$10,855
Feb 2009	349	811	32.81	4.63	$15,208
Jan 2009	363	938	35.86	5.37	$18,055
Dec 2008	346	1,020	37.10	5.98	$18,933
Nov 2008	351	818	55.49	6.86	$25,089
Oct 2008	357	87	75.24	6.92	$27,463
Sep 2008	176	394	101.76	7.88	$21,013
Aug 2008	351	440	114.22	8.48	$43,824
Jul 2008	342	545	131.08	11.39	$51,037
Jun 2008	180	473	131.33	13.03	$29,804
May 2008	348	532	123.17	11.57	$49,021
Apr 2008	352	469	110.31	10.45	$43,732
Mar 2008	162	439	101.90	9.66	$20,750
Feb 2008	174	400	92.53	8.77	$19,608
Jan 2008	349	434	90.38	8.21	$35,104
Dec 2007	169	307	88.33	7.30	$17,169
Nov 2007	186	439	91.67	7.29	$20,252
Oct 2007	169	481	82.85	6.92	$17,331
Sep 2007	175	382	75.84	6.24	$15,657
Aug 2007	173	464	69.06	6.39	$14,911
Jul 2007	180	594	70.90	6.39	$16,556
Jun 2007	357	466	62.00	7.55	$25,652
May 2007	177	239	58.74	7.85	$12,272
Apr 2007	356	555	59.61	7.81	$25,553
Mar 2007	186	606	56.92	7.30	$15,012
Feb 2007	361	578	55.10	8.22	$24,640
Jan 2007	372	646	50.30	6.73	$23,057
Dec 2006	182	723	56.65	6.92	$15,312
Nov 2006	363	548	54.20	7.62	$23,849
Oct 2006	350	536	54.90	6.01	$22,438
Sep 2006	347	585	60.08	5.04	$23,795
Aug 2006	352	722	68.71	7.34	$29,485
Jul 2006	176	768	69.37	6.34	$17,080
Jun 2006	356	888	66.28	6.38	$29,265
May 2006	546	895	66.01	6.42	$41,792
Apr 2006	351	733	64.39	7.36	$27,996
Mar 2006	718	1,087	56.70	7.08	$48,410
Feb 2006	1,060	1,505	57.59	7.75	$72,711
Jan 2006	3	300	60.59	8.93	$2,862
Dec 2005	180	272	54.94	13.42	$13,538
Nov 2005	0	435	54.69	10.59	$4,606
Oct 2005	0	525	58.34	13.80	$7,243
Sep 2005	173	342	61.45	12.08	$14,762
Aug 2005	0	363	61.51	9.80	$3,556
Jul 2005	0	283	55.69	7.84	$2,220
Jun 2005	175	427	52.33	7.38	$12,309
May 2005	0	402	45.22	6.65	$2,674
Apr 2005	178	416	49.20	7.36	$11,820
Mar 2005	0	464	50.37	7.15	$3,320
Feb 2005	179	525	45.22	6.31	$11,408
Jan 2005	0	288	43.16	6.32	$1,821
Dec 2004	176	300	39.86	6.75	$9,041
Nov 2004	173	315	45.28	6.33	$9,828
Oct 2004	0	644	49.70	6.52	$4,196
Sep 2004	176	632	43.24	5.28	$10,950
Aug 2004	184	352	42.37	5.55	$9,750
Jul 2004	173	494	38.28	6.08	$9,628
Jun 2004	0	360	36.10	6.43	$2,316
May 2004	174	503	37.48	6.49	$9,788
Apr 2004	184	372	34.47	5.86	$8,522
Mar 2004	0	506	34.36	5.53	$2,798
Feb 2004	177	406	32.45	5.51	$7,981
Jan 2004	173	455	32.03	6.30	$8,408
Dec 2003	175	333	30.26	6.30	$7,394
Nov 2003	172	407	28.80	4.60	$6,824
Oct 2003	0	413	28.17	4.76	$1,966
Sep 2003	172	616	26.31	4.75	$7,451
Aug 2003	175	767	29.76	5.13	$9,143
Jul 2003	183	627	29.41	5.17	$8,624
Jun 2003	0	559	28.56	5.98	$3,344
May 2003	176	343	26.59	5.97	$6,728
Apr 2003	176	440	26.67	5.41	$7,073
Mar 2003	176	411	31.14	6.10	$7,986
Feb 2003	0	415	33.48	7.93	$3,289
Jan 2003	177	378	30.31	5.58	$7,475
Dec 2002	179	470	26.91	4.85	$7,098
Nov 2002	0	319	24.66	4.14	$1,320
Oct 2002	172	471	26.46	4.23	$6,543
Sep 2002	178	679	27.44	3.64	$7,353
Aug 2002	0	903	25.96	3.16	$2,857
Jul 2002	174	410	24.58	3.06	$5,532
Jun 2002	174	368	23.73	3.34	$5,357
May 2002	176	476	24.66	3.58	$6,046
Apr 2002	180	531	23.65	3.51	$6,122
Mar 2002	183	619	22.00	3.10	$5,947
Feb 2002	177	521	18.22	2.38	$4,463
Jan 2002	0	483	17.17	2.38	$1,147
Dec 2001	180	672	16.93	2.36	$4,636
Nov 2001	181	590	18.07	2.41	$4,690
Oct 2001	177	654	19.78	2.53	$5,155
Sep 2001	179	678	24.26	2.25	$5,869
Aug 2001	174	677	24.87	3.05	$6,394
Jul 2001	178	589	23.93	3.20	$6,143
Jun 2001	0	581	24.56	3.82	$2,222
May 2001	178	804	25.52	4.31	$8,006
Apr 2001	173	631	24.68	5.34	$7,636
Mar 2001	180	588	24.54	5.38	$7,579
Feb 2001	193	578	27.75	5.77	$8,689
Jan 2001	0	764	27.47	8.40	$6,417
Dec 2000	176	627	26.88	9.12	$10,451
Nov 2000	171	629	32.21	5.66	$9,067
Oct 2000	0	638	31.23	5.15	$3,283
Sep 2000	175	594	31.87	5.19	$8,658
Aug 2000	175	757	29.64	4.54	$8,624
Jul 2000	0	691	28.53	4.09	$2,826
Jun 2000	183	736	29.30	4.40	$8,598
May 2000	180	544	27.26	3.68	$6,909
Apr 2000	182	655	24.51	3.12	$6,502
Mar 2000	0	504	28.42	2.86	$1,441
Feb 2000	173	335	27.62	2.73	$5,692
Jan 2000	0	546	25.27	2.48	$1,354
Dec 1999	184	453	24.28	2.42	$5,565
Nov 1999	180	381	23.19	2.43	$5,102
Oct 1999	180	427	20.98	2.80	$4,974
Sep 1999	0	484	21.75	2.62	$1,268
Aug 1999	179	469	19.26	2.88	$4,796
Jul 1999	184	491	17.89	2.37	$4,457
Jun 1999	0	536	15.94	2.36	$1,266
May 1999	183	567	15.79	2.32	$4,206
Apr 1999	176	463	15.10	2.21	$3,680
Mar 1999	179	463	12.47	1.84	$3,083
Feb 1999	182	556	9.98	1.82	$2,827
Jan 1999	184	499	10.38	1.90	$2,858
Dec 1998	173	568	9.20	1.77	$2,599
Nov 1998	181	480	10.89	2.19	$3,020
Oct 1998	180	520	12.42	1.97	$3,260
Sep 1998	180	420	12.59	2.08	$3,141
Aug 1998	181	365	11.30	1.91	$2,741
Jul 1998	181	413	11.74	2.24	$3,049
Jun 1998	180	417	11.24	2.24	$2,956
May 1998	183	520	12.62	2.21	$3,457
Apr 1998	362	517	13.04	2.51	$6,016
Mar 1998	179	429	12.80	2.31	$3,282
Feb 1998	0	495	13.95	2.30	$1,138
Jan 1998	165	459	14.70	2.15	$3,415
Dec 1997	171	428	16.32	2.41	$3,823
Nov 1997	169	495	18.19	3.09	$4,603
Oct 1997	176	393	19.25	3.15	$4,626
Sep 1997	174	421	17.74	2.95	$4,331
Aug 1997	0	468	17.86	2.55	$1,196
Jul 1997	176	496	17.58	2.25	$4,209
Jun 1997	180	421	17.24	2.26	$4,053
May 1997	179	746	18.97	2.31	$5,118
Apr 1997	0	614	17.88	2.08	$1,279
Mar 1997	175	768	18.95	1.94	$4,806
Feb 1997	182	490	20.49	2.21	$4,810
Jan 1997	261	512	23.48	3.54	$7,941
Dec 1996	263	569	23.32	—	$6,133
Nov 1996	171	616	21.97	—	$3,757
Oct 1996	349	497	23.31	—	$8,135
Sep 1996	174	605	22.22	—	$3,866
Aug 1996	174	670	20.26	—	$3,525
Jul 1996	172	521	19.55	—	$3,363
Jun 1996	356	993	18.73	—	$6,668
May 1996	174	745	19.43	—	$3,381
Apr 1996	176	723	21.51	—	$3,786
Mar 1996	175	454	19.38	—	$3,392
Feb 1996	353	631	16.98	—	$5,994
Jan 1996	178	590	17.07	—	$3,038
Dec 1995	183	506	17.19	—	$3,146
Nov 1995	360	679	16.00	—	$5,760
Oct 1995	181	610	15.43	—	$2,793
Sep 1995	354	688	16.18	—	$5,728
Aug 1995	0	884	15.92	—	$0
Jul 1995	180	938	15.24	—	$2,743
Jun 1995	178	1,082	16.41	—	$2,921
May 1995	179	1,116	17.56	—	$3,143
Apr 1995	181	868	17.73	—	$3,209
Mar 1995	180	927	16.44	—	$2,959
Feb 1995	365	889	16.58	—	$6,052
Jan 1995	183	1,065	15.92	—	$2,913
Dec 1994	364	919	15.03	—	$5,471
Nov 1994	179	983	15.90	—	$2,846
Oct 1994	361	658	15.58	—	$5,624
Sep 1994	179	767	15.29	—	$2,737
Aug 1994	179	1,152	16.13	—	$2,887
Jul 1994	357	1,090	17.56	—	$6,269
Jun 1994	180	1,087	17.09	—	$3,076
May 1994	354	1,082	15.88	—	$5,622
Apr 1994	181	1,094	14.14	—	$2,559
Mar 1994	175	912	12.46	—	$2,181
Feb 1994	180	888	12.50	—	$2,250
Jan 1994	359	1,005	12.66	—	$4,545
Dec 1993	360	1,194	12.33	—	$4,439
Nov 1993	176	1,058	14.49	—	$2,550
Oct 1993	184	1,518	15.85	—	$2,916
Sep 1993	360	1,296	15.03	—	$5,411
Aug 1993	179	1,032	15.66	—	$2,803
Jul 1993	360	1,193	15.46	—	$5,566
Jun 1993	359	1,418	16.79	—	$6,028
May 1993	360	1,074	17.68	—	$6,365
Apr 1993	188	1,196	18.05	—	$3,393
Mar 1993	182	968	18.14	—	$3,301
Feb 1993	354	459	17.90	—	$6,337
Jan 1993	181	1,123	16.93	—	$3,064

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.

Apr 2020 — as filed, then multipliedworked

Oil                   85 bbl  × $ 14.75 =     $1,254
Casinghead gas         0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                   $1,254

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/31412 is the state's own key, not one this site invented.