BAILEY -12-

Name: BAILEY -12- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by INDEPENDENCE RESOURCES MGMT, LLC (P-5 423716) in the SUGG RANCH (CANYON DIST 08) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31490District 08Field 87018550OilCasinghead gasSave

Value, all time

$10.5 M

Jan 1993 – May 2020

Value, last 12 filed months

$40 k

at the published price for each month

Months reported

329

no gaps in the span

Streams

oil, casinghead gas

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	182,927 bbl	$6,628,802
Casinghead gas	Production	2,898,419 Mcf	$3,855,059
Total			$10,483,861

1,901,816 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 (16)

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 31.5851, -101.1818. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.58506, -101.18180 · 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%

16 of 16 wells

With a plug date

12.5%

2 of 16 wells

Median depth

8,050 ft

16 wells filed one

Completion to plug

9.3 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

16100.0%

A plug date is filed

212.5%

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

212.5%

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

10k

12k

15k

20k+

Total depth in feet, 16 of 16 wells. Median 8,050 ft, with the middle half between 7,998 and 8,089 ft; the shallowest is 7,955 ft and the deepest 8,100 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

90s

00s

10s

Last completion by decade, 16 of 16 wells, Feb 1992 – Nov 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

Feb 1992 – Nov 2014

16 of 16 wells

Plug dates filed

Dec 2008 – Nov 2015

2 of 16 wells; 14 filed none

Last completion to plug: a median of 9.3 years across the 2 wells that filed both dates, with the middle half between 8.4 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

16 wells


42-43132263	8	8,100 ft	Nov 2014	—	Yes
42-43132468	15	8,100 ft	Oct 2008	—	Yes
42-43131927	4	8,050 ft	Sep 2008	—	Yes
42-43132262	7	8,050 ft	Sep 2008	—	Yes
42-43132411	11	8,085 ft	Dec 2006	—	Yes
42-43132445	14	8,040 ft	Dec 2006	—	Yes
42-43132410	10	8,100 ft	May 2005	—	Yes
42-43132423	13	8,012 ft	May 2005	—	Yes
42-43132050	6	8,050 ft	Aug 2004	—	Yes
42-43131897	2	7,960 ft	Aug 2004	Nov 2015	Yes
42-43132469	16	8,085 ft	May 2004	—	Yes
42-43131864	1	7,993 ft	Jul 2001	Dec 2008	Yes
42-43131896	3	7,962 ft	May 1997	—	Yes
42-43132117	5	7,955 ft	Apr 1997	—	Yes
42-43132336	1209	8,000 ft	Apr 1992	—	Yes
42-43132327	12	8,100 ft	Feb 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 (329)

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

329 months


May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
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	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	137	805	55.05	2.66	$9,681
Aug 2019	93	1,163	53.11	2.30	$7,619
Jul 2019	138	1,298	56.27	2.46	$10,958
Jun 2019	167	1,371	52.78	2.49	$12,230
May 2019	217	1,424	58.48	2.74	$16,592
Apr 2019	107	1,419	62.63	2.75	$10,605
Mar 2019	164	1,481	56.80	3.06	$13,850
Feb 2019	156	1,372	50.85	2.79	$11,764
Jan 2019	154	1,522	46.03	3.23	$12,002
Dec 2018	101	1,530	46.59	4.19	$11,109
Nov 2018	246	1,493	52.93	4.24	$19,347
Oct 2018	127	1,657	61.44	3.40	$13,434
Sep 2018	97	1,195	59.54	3.11	$9,489
Aug 2018	95	1,416	59.40	3.07	$9,985
Jul 2018	128	1,480	65.14	2.93	$12,677
Jun 2018	50	1,451	60.18	3.08	$7,474
May 2018	54	1,196	65.38	2.90	$7,000
Apr 2018	127	826	63.84	2.90	$10,504
Mar 2018	158	1,471	61.22	2.79	$13,772
Feb 2018	151	1,296	61.78	2.77	$12,914
Jan 2018	184	1,635	62.87	4.01	$18,123
Dec 2017	136	1,648	57.27	2.92	$12,603
Nov 2017	139	1,681	55.42	3.12	$12,945
Oct 2017	170	1,668	49.29	2.98	$13,356
Sep 2017	134	1,577	47.52	3.09	$11,236
Aug 2017	140	1,703	45.37	3.00	$11,468
Jul 2017	184	1,637	43.87	3.09	$13,126
Jun 2017	181	1,661	42.49	3.09	$12,819
May 2017	125	1,754	45.37	3.26	$11,395
Apr 2017	112	1,746	47.93	3.21	$10,976
Mar 2017	142	1,801	46.77	2.98	$12,015
Feb 2017	140	1,161	50.45	2.95	$10,491
Jan 2017	106	1,258	49.41	3.42	$9,538
Dec 2016	139	1,237	48.76	3.72	$11,383
Nov 2016	138	1,278	42.49	2.64	$9,243
Oct 2016	206	1,337	46.19	3.09	$13,647
Sep 2016	103	1,336	41.55	3.10	$8,422
Aug 2016	139	1,477	41.44	2.92	$10,079
Jul 2016	279	2,117	41.62	2.92	$17,803
Jun 2016	358	1,825	45.35	2.69	$21,137
May 2016	348	1,976	42.52	1.99	$18,731
Apr 2016	365	1,800	36.56	1.99	$16,928
Mar 2016	284	1,706	33.01	1.79	$12,435
Feb 2016	378	1,885	26.47	2.06	$13,896
Jan 2016	521	1,757	27.35	2.36	$18,404
Dec 2015	304	1,650	32.36	2.00	$13,140
Nov 2015	186	1,670	38.79	2.17	$10,834
Oct 2015	173	1,216	43.55	2.43	$10,485
Sep 2015	136	1,126	42.99	2.76	$8,953
Aug 2015	337	1,528	40.16	2.87	$17,923
Jul 2015	349	1,742	48.15	2.95	$21,935
Jun 2015	195	1,791	56.15	2.88	$16,112
May 2015	142	439	55.21	2.96	$9,137
Apr 2015	154	340	49.82	2.71	$8,593
Mar 2015	179	542	42.89	2.93	$9,268
Feb 2015	124	667	44.66	2.98	$7,523
Jan 2015	229	910	43.43	3.10	$12,767
Dec 2014	248	1,763	54.69	3.59	$19,895
Nov 2014	446	2,450	70.46	4.25	$41,842
Oct 2014	373	2,922	78.30	3.90	$40,605
Sep 2014	288	2,212	86.16	4.05	$33,763
Aug 2014	230	1,851	89.39	4.04	$28,029
Jul 2014	307	2,968	96.56	4.18	$42,049
Jun 2014	310	2,971	98.16	4.74	$44,503
May 2014	584	3,178	94.73	4.73	$70,343
Apr 2014	352	3,011	95.94	4.81	$48,251
Mar 2014	379	2,908	95.89	5.06	$51,047
Feb 2014	369	2,801	97.40	6.19	$53,284
Jan 2014	536	3,248	90.40	4.86	$64,242
Dec 2013	220	3,260	91.82	4.35	$34,396
Nov 2013	329	3,667	88.85	3.74	$42,940
Oct 2013	352	3,864	97.42	3.78	$48,895
Sep 2013	350	471	104.11	3.72	$38,190
Aug 2013	286	466	104.25	3.52	$31,457
Jul 2013	289	516	102.52	3.72	$31,547
Jun 2013	234	431	94.40	3.93	$23,785
May 2013	390	481	94.83	4.15	$38,979
Apr 2013	318	410	93.96	4.28	$31,635
Mar 2013	229	413	93.62	3.91	$23,055
Feb 2013	286	370	91.23	3.42	$27,357
Jan 2013	348	405	91.60	3.42	$33,262
Dec 2012	474	481	86.77	3.42	$42,774
Nov 2012	204	498	86.95	3.62	$19,543
Oct 2012	259	470	89.38	3.40	$24,747
Sep 2012	230	435	94.67	2.92	$23,044
Aug 2012	235	485	92.66	2.91	$23,186
Jul 2012	254	455	85.13	3.02	$22,997
Jun 2012	293	441	79.82	2.52	$24,498
May 2012	324	584	91.61	2.49	$31,135
Apr 2012	450	499	101.65	2.00	$46,739
Mar 2012	454	499	105.05	2.22	$48,802
Feb 2012	538	742	101.10	2.57	$56,299
Jan 2012	337	533	98.09	2.73	$34,514
Dec 2011	583	556	96.87	3.24	$58,277
Nov 2011	253	662	95.72	3.31	$26,409
Oct 2011	336	627	84.98	3.65	$30,841
Sep 2011	502	637	83.62	3.99	$44,516
Aug 2011	327	661	83.40	4.15	$30,015
Jul 2011	500	711	94.14	4.52	$50,282
Jun 2011	328	687	92.90	4.64	$33,659
May 2011	505	701	98.13	4.40	$52,643
Apr 2011	549	630	105.96	4.33	$60,902
Mar 2011	737	537	96.36	4.06	$73,196
Feb 2011	104	405	85.64	4.18	$10,599
Jan 2011	622	403	86.50	4.59	$55,652
Dec 2010	525	720	85.73	4.35	$48,139
Nov 2010	615	687	80.84	3.80	$52,324
Oct 2010	528	803	78.10	3.51	$44,054
Sep 2010	741	848	72.63	3.98	$57,193
Aug 2010	715	980	73.68	4.42	$57,012
Jul 2010	637	1,043	72.55	4.74	$51,155
Jun 2010	544	954	70.36	4.91	$42,960
May 2010	820	907	71.12	4.24	$62,160
Apr 2010	744	827	81.69	4.12	$64,187
Mar 2010	996	828	78.39	4.39	$81,710
Feb 2010	730	668	73.58	5.44	$57,349
Jan 2010	939	576	74.36	5.96	$73,259
Dec 2009	805	572	71.44	5.48	$60,646
Nov 2009	392	457	74.59	3.75	$30,954
Oct 2009	392	497	72.54	4.11	$30,478
Sep 2009	390	607	65.54	3.06	$27,421
Aug 2009	339	667	67.42	3.22	$25,002
Jul 2009	460	784	61.13	3.46	$30,836
Jun 2009	524	882	66.16	3.90	$38,103
May 2009	782	1,170	54.74	3.93	$47,400
Apr 2009	948	929	46.77	3.59	$47,671
Mar 2009	825	959	42.14	4.06	$38,658
Feb 2009	1,003	1,219	32.81	4.63	$38,556
Jan 2009	1,270	1,514	35.86	5.37	$53,674
Dec 2008	925	1,314	37.10	5.98	$42,171
Nov 2008	2,092	2,656	55.49	6.86	$134,306
Oct 2008	419	597	75.24	6.92	$35,658
Sep 2008	190	379	101.76	7.88	$22,320
Aug 2008	226	1,577	114.22	8.48	$39,191
Jul 2008	278	1,739	131.08	11.39	$56,246
Jun 2008	279	1,853	131.33	13.03	$60,791
May 2008	254	1,804	123.17	11.57	$52,165
Apr 2008	253	1,661	110.31	10.45	$45,274
Mar 2008	273	1,603	101.90	9.66	$43,310
Feb 2008	267	1,495	92.53	8.77	$37,818
Jan 2008	248	1,808	90.38	8.21	$37,250
Dec 2007	262	1,694	88.33	7.30	$35,512
Nov 2007	294	1,721	91.67	7.29	$39,500
Oct 2007	291	1,738	82.85	6.92	$36,140
Sep 2007	242	1,591	75.84	6.24	$28,288
Aug 2007	187	1,491	69.06	6.39	$22,439
Jul 2007	205	1,604	70.90	6.39	$24,781
Jun 2007	192	1,368	62.00	7.55	$22,230
May 2007	313	1,395	58.74	7.85	$29,331
Apr 2007	251	1,448	59.61	7.81	$26,264
Mar 2007	262	1,430	56.92	7.30	$25,355
Feb 2007	249	1,328	55.10	8.22	$24,631
Jan 2007	255	1,662	50.30	6.73	$24,007
Dec 2006	295	2,255	56.65	6.92	$32,313
Nov 2006	368	1,542	54.20	7.62	$31,692
Oct 2006	394	2,106	54.90	6.01	$34,296
Sep 2006	320	2,101	60.08	5.04	$29,809
Aug 2006	331	2,277	68.71	7.34	$39,456
Jul 2006	308	1,981	69.37	6.34	$33,931
Jun 2006	338	2,574	66.28	6.38	$38,835
May 2006	640	2,810	66.01	6.42	$60,301
Apr 2006	406	2,163	64.39	7.36	$42,063
Mar 2006	492	1,882	56.70	7.08	$41,226
Feb 2006	444	1,787	57.59	7.75	$39,421
Jan 2006	480	2,234	60.59	8.93	$49,040
Dec 2005	541	2,272	54.94	13.42	$60,202
Nov 2005	424	2,169	54.69	10.59	$46,155
Oct 2005	360	2,361	58.34	13.80	$53,574
Sep 2005	348	2,133	61.45	12.08	$47,149
Aug 2005	450	2,373	61.51	9.80	$50,927
Jul 2005	576	2,404	55.69	7.84	$50,934
Jun 2005	955	2,680	52.33	7.38	$69,756
May 2005	717	3,118	45.22	6.65	$53,161
Apr 2005	888	3,173	49.20	7.36	$67,044
Mar 2005	1,110	3,222	50.37	7.15	$78,964
Feb 2005	1,778	2,651	45.22	6.31	$97,134
Jan 2005	1,323	3,153	43.16	6.32	$77,035
Dec 2004	137	5,032	39.86	6.75	$39,432
Nov 2004	250	9,874	45.28	6.33	$73,827
Oct 2004	295	6,003	49.70	6.52	$53,772
Sep 2004	914	6,351	43.24	5.28	$73,079
Aug 2004	179	5,147	42.37	5.55	$36,153
Jul 2004	616	4,730	38.28	6.08	$52,359
Jun 2004	896	5,484	36.10	6.43	$67,624
May 2004	185	4,835	37.48	6.49	$38,335
Apr 2004	0	4,746	34.47	5.86	$27,804
Mar 2004	188	6,258	34.36	5.53	$41,067
Feb 2004	0	5,741	32.45	5.51	$31,631
Jan 2004	186	7,134	32.03	6.30	$50,899
Dec 2003	0	5,671	30.26	6.30	$35,737
Nov 2003	185	4,646	28.80	4.60	$26,677
Oct 2003	0	5,356	28.17	4.76	$25,493
Sep 2003	178	5,986	26.31	4.75	$33,113
Aug 2003	177	6,567	29.76	5.13	$38,954
Jul 2003	0	6,354	29.41	5.17	$32,856
Jun 2003	185	5,719	28.56	5.98	$39,500
May 2003	0	5,835	26.59	5.97	$34,851
Apr 2003	193	5,731	26.67	5.41	$36,136
Mar 2003	183	3,353	31.14	6.10	$26,139
Feb 2003	183	3,066	33.48	7.93	$30,428
Jan 2003	0	3,343	30.31	5.58	$18,661
Dec 2002	181	6,086	26.91	4.85	$34,411
Nov 2002	0	5,997	24.66	4.14	$24,809
Oct 2002	180	3,219	26.46	4.23	$18,376
Sep 2002	0	3,216	27.44	3.64	$11,691
Aug 2002	173	3,420	25.96	3.16	$15,313
Jul 2002	0	5,225	24.58	3.06	$15,998
Jun 2002	179	5,033	23.73	3.34	$21,049
May 2002	0	5,161	24.66	3.58	$18,497
Apr 2002	177	4,991	23.65	3.51	$21,716
Mar 2002	0	4,169	22.00	3.10	$12,935
Feb 2002	179	3,679	18.22	2.38	$12,002
Jan 2002	0	4,607	17.17	2.38	$10,945
Dec 2001	187	4,808	16.93	2.36	$14,534
Nov 2001	190	4,730	18.07	2.41	$14,811
Oct 2001	0	4,949	19.78	2.53	$12,515
Sep 2001	179	4,909	24.26	2.25	$15,394
Aug 2001	0	5,112	24.87	3.05	$15,608
Jul 2001	182	5,240	23.93	3.20	$21,108
Jun 2001	179	5,004	24.56	3.82	$23,532
May 2001	177	5,313	25.52	4.31	$27,402
Apr 2001	184	5,471	24.68	5.34	$33,731
Mar 2001	0	5,273	24.54	5.38	$28,350
Feb 2001	184	4,899	27.75	5.77	$33,359
Jan 2001	188	5,358	27.47	8.40	$50,165
Dec 2000	187	5,317	26.88	9.12	$53,531
Nov 2000	188	5,401	32.21	5.66	$36,614
Oct 2000	181	5,704	31.23	5.15	$35,003
Sep 2000	187	5,679	31.87	5.19	$35,414
Aug 2000	183	5,903	29.64	4.54	$32,228
Jul 2000	0	5,964	28.53	4.09	$24,391
Jun 2000	182	5,771	29.30	4.40	$30,709
May 2000	182	5,873	27.26	3.68	$26,572
Apr 2000	184	5,595	24.51	3.12	$21,944
Mar 2000	0	5,701	28.42	2.86	$16,303
Feb 2000	185	5,541	27.62	2.73	$20,217
Jan 2000	189	6,187	25.27	2.48	$20,123
Dec 1999	185	6,288	24.28	2.42	$19,732
Nov 1999	183	6,036	23.19	2.43	$18,935
Oct 1999	0	6,619	20.98	2.80	$18,558
Sep 1999	183	6,619	21.75	2.62	$21,314
Aug 1999	178	7,095	19.26	2.88	$23,831
Jul 1999	0	7,525	17.89	2.37	$17,852
Jun 1999	183	6,521	15.94	2.36	$18,320
May 1999	0	7,194	15.79	2.32	$16,697
Apr 1999	158	7,374	15.10	2.21	$18,668
Mar 1999	183	6,760	12.47	1.84	$14,709
Feb 1999	0	7,769	9.98	1.82	$14,122
Jan 1999	180	10,592	10.38	1.90	$21,993
Dec 1998	364	9,763	9.20	1.77	$20,662
Nov 1998	0	8,232	10.89	2.19	$17,993
Oct 1998	0	9,760	12.42	1.97	$19,219
Sep 1998	0	6,961	12.59	2.08	$14,497
Aug 1998	366	11,075	11.30	1.91	$25,260
Jul 1998	0	11,018	11.74	2.24	$24,650
Jun 1998	383	11,211	11.24	2.24	$29,387
May 1998	0	11,187	12.62	2.21	$24,682
Apr 1998	382	10,653	13.04	2.51	$31,671
Mar 1998	398	11,399	12.80	2.31	$31,420
Feb 1998	387	11,295	13.95	2.30	$31,367
Jan 1998	0	12,997	14.70	2.15	$28,006
Dec 1997	378	13,131	16.32	2.41	$37,829
Nov 1997	383	13,369	18.19	3.09	$48,254
Oct 1997	386	14,561	19.25	3.15	$53,295
Sep 1997	184	15,951	17.74	2.95	$50,397
Aug 1997	567	15,899	17.86	2.55	$50,744
Jul 1997	581	17,319	17.58	2.25	$49,129
Jun 1997	383	16,262	17.24	2.26	$43,310
May 1997	390	18,063	18.97	2.31	$49,097
Apr 1997	387	18,895	17.88	2.08	$46,274
Mar 1997	785	24,888	18.95	1.94	$63,137
Feb 1997	975	20,687	20.49	2.21	$65,611
Jan 1997	400	22,169	23.48	3.54	$87,864
Dec 1996	730	20,479	23.32	—	$17,024
Nov 1996	771	21,624	21.97	—	$16,939
Oct 1996	781	22,797	23.31	—	$18,205
Sep 1996	368	22,437	22.22	—	$8,177
Aug 1996	773	29,439	20.26	—	$15,661
Jul 1996	769	30,392	19.55	—	$15,034
Jun 1996	767	27,989	18.73	—	$14,366
May 1996	757	29,182	19.43	—	$14,709
Apr 1996	762	29,056	21.51	—	$16,391
Mar 1996	767	27,867	19.38	—	$14,864
Feb 1996	1,165	28,956	16.98	—	$19,782
Jan 1996	773	27,036	17.07	—	$13,195
Dec 1995	1,158	29,756	17.19	—	$19,906
Nov 1995	760	27,209	16.00	—	$12,160
Oct 1995	1,147	29,815	15.43	—	$17,698
Sep 1995	759	29,221	16.18	—	$12,281
Aug 1995	1,142	35,471	15.92	—	$18,181
Jul 1995	946	30,740	15.24	—	$14,417
Jun 1995	938	36,419	16.41	—	$15,393
May 1995	1,494	33,459	17.56	—	$26,235
Apr 1995	1,527	34,694	17.73	—	$27,074
Mar 1995	1,498	39,490	16.44	—	$24,627
Feb 1995	1,525	32,648	16.58	—	$25,285
Jan 1995	1,906	38,103	15.92	—	$30,344
Dec 1994	1,884	37,152	15.03	—	$28,317
Nov 1994	2,079	41,308	15.90	—	$33,056
Oct 1994	1,862	45,927	15.58	—	$29,010
Sep 1994	2,252	50,337	15.29	—	$34,433
Aug 1994	1,502	48,197	16.13	—	$24,227
Jul 1994	1,874	40,692	17.56	—	$32,907
Jun 1994	1,864	38,579	17.09	—	$31,856
May 1994	2,608	37,633	15.88	—	$41,415
Apr 1994	2,257	42,618	14.14	—	$31,914
Mar 1994	2,637	39,004	12.46	—	$32,857
Feb 1994	1,841	39,111	12.50	—	$23,013
Jan 1994	2,425	50,515	12.66	—	$30,701
Dec 1993	3,000	48,437	12.33	—	$36,990
Nov 1993	2,982	47,180	14.49	—	$43,209
Oct 1993	2,956	51,978	15.85	—	$46,853
Sep 1993	2,820	52,370	15.03	—	$42,385
Aug 1993	3,728	64,129	15.66	—	$58,380
Jul 1993	4,140	65,092	15.46	—	$64,004
Jun 1993	4,442	65,555	16.79	—	$74,581
May 1993	3,895	65,403	17.68	—	$68,864
Apr 1993	4,433	57,924	18.05	—	$80,016
Mar 1993	5,162	58,388	18.14	—	$93,639
Feb 1993	4,821	48,253	17.90	—	$86,296
Jan 1993	4,837	51,755	16.93	—	$81,890

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 2019 — as filed, then multipliedworked

Oil                  137 bbl  × $ 55.05 =     $7,542
Casinghead gas       805 Mcf  × $  2.66 =     $2,139

────────────────────────────────────────────────────
Month total                                   $9,681

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/31490 is the state's own key, not one this site invented.