NESTE HOUSTON 14

Name: NESTE HOUSTON 14 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COG OPERATING LLC (P-5 166150) in the MUSTANG (FUSSELMAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31580District 08Field 64075300Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$8.7 M

Jan 1993 – Apr 2021

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

340

no gaps in the span

Streams

oil, casinghead gas

The MUSTANG (FUSSELMAN) 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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered

1988-01-03

as the register files it

Field class

Oil

the register's own label

Between wells

1,320 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1988-05-01.

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.

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	2	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	217,702 bbl	$8,249,967
Casinghead gas	Production	147,268 Mcf	$447,191
Total			$8,697,157

52,860 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 32.0163, -101.7033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.01628, -101.70330 · 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

11,033 ft

2 wells filed one

Completion to plug

22.8 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 10,948 and 11,117 ft, median 11,033 ft, over the 2 wells that filed a depth.

Completions filed

May 1988 – Oct 2004

2 of 2 wells

Plug dates filed

Jun 2017 – Feb 2021

2 of 2 wells

Last completion to plug: a median of 22.8 years across the 2 wells that filed both dates, with the middle half between 17.7 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-17332005	1	11,117 ft	Oct 2004	Jun 2017	Yes
42-17332024	2	10,948 ft	May 1988	Feb 2021	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 (340)

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

340 months


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	325	0	16.92	1.81	$5,499
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	21	30.34	1.86	$39
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	24	57.25	2.09	$50
Dec 2019	0	34	59.01	2.30	$78
Nov 2019	0	8	55.30	2.75	$22
Oct 2019	0	10	53.47	2.42	$24
Sep 2019	0	10	55.05	2.66	$27
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	56	56.27	2.46	$138
Jun 2019	0	65	52.78	2.49	$162
May 2019	0	28	58.48	2.74	$77
Apr 2019	0	71	62.63	2.75	$195
Mar 2019	0	63	56.80	3.06	$193
Feb 2019	0	19	50.85	2.79	$53
Jan 2019	0	25	46.03	3.23	$81
Dec 2018	0	79	46.59	4.19	$331
Nov 2018	0	14	52.93	4.24	$59
Oct 2018	168	102	61.44	3.40	$10,669
Sep 2018	0	82	59.54	3.11	$255
Aug 2018	69	0	59.40	3.07	$4,099
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	25	60.18	3.08	$77
May 2018	173	27	65.38	2.90	$11,389
Apr 2018	0	16	63.84	2.90	$46
Mar 2018	0	16	61.22	2.79	$45
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	16	62.87	4.01	$64
Dec 2017	179	58	57.27	2.92	$10,421
Nov 2017	0	195	55.42	3.12	$608
Oct 2017	181	288	49.29	2.98	$9,781
Sep 2017	281	118	47.52	3.09	$13,717
Aug 2017	142	63	45.37	3.00	$6,632
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	181	0	42.49	3.09	$7,691
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	185	0	48.76	3.72	$9,021
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	362	0	46.19	3.09	$16,721
Sep 2016	183	0	41.55	3.10	$7,604
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	361	0	41.62	2.92	$15,025
Jun 2016	0	23	45.35	2.69	$62
May 2016	351	51	42.52	1.99	$15,026
Apr 2016	178	150	36.56	1.99	$6,806
Mar 2016	177	2	33.01	1.79	$5,846
Feb 2016	184	0	26.47	2.06	$4,870
Jan 2016	185	0	27.35	2.36	$5,060
Dec 2015	185	0	32.36	2.00	$5,987
Nov 2015	179	0	38.79	2.17	$6,943
Oct 2015	183	0	43.55	2.43	$7,970
Sep 2015	359	6	42.99	2.76	$15,450
Aug 2015	0	10	40.16	2.87	$29
Jul 2015	352	62	48.15	2.95	$17,131
Jun 2015	365	347	56.15	2.88	$21,495
May 2015	0	138	55.21	2.96	$408
Apr 2015	183	172	49.82	2.71	$9,583
Mar 2015	367	103	42.89	2.93	$16,043
Feb 2015	182	0	44.66	2.98	$8,128
Jan 2015	184	0	43.43	3.10	$7,991
Dec 2014	187	0	54.69	3.59	$10,227
Nov 2014	184	5	70.46	4.25	$12,986
Oct 2014	373	0	78.30	3.90	$29,206
Sep 2014	353	0	86.16	4.05	$30,414
Aug 2014	365	0	89.39	4.04	$32,627
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	185	0	98.16	4.74	$18,160
May 2014	186	0	94.73	4.73	$17,620
Apr 2014	184	0	95.94	4.81	$17,653
Mar 2014	559	0	95.89	5.06	$53,603
Feb 2014	182	0	97.40	6.19	$17,727
Jan 2014	372	0	90.40	4.86	$33,629
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	376	0	88.85	3.74	$33,408
Oct 2013	371	0	97.42	3.78	$36,143
Sep 2013	359	0	104.11	3.72	$37,375
Aug 2013	374	18	104.25	3.52	$39,053
Jul 2013	375	0	102.52	3.72	$38,445
Jun 2013	181	0	94.40	3.93	$17,086
May 2013	550	0	94.83	4.15	$52,157
Apr 2013	370	0	93.96	4.28	$34,765
Mar 2013	377	1	93.62	3.91	$35,299
Feb 2013	186	60	91.23	3.42	$17,174
Jan 2013	568	188	91.60	3.42	$52,672
Dec 2012	368	78	86.77	3.42	$32,198
Nov 2012	377	70	86.95	3.62	$33,034
Oct 2012	372	60	89.38	3.40	$33,453
Sep 2012	316	206	94.67	2.92	$30,517
Aug 2012	371	310	92.66	2.91	$35,278
Jul 2012	366	269	85.13	3.02	$31,970
Jun 2012	355	232	79.82	2.52	$28,921
May 2012	554	272	91.61	2.49	$51,429
Apr 2012	185	173	101.65	2.00	$19,151
Mar 2012	555	206	105.05	2.22	$58,761
Feb 2012	555	319	101.10	2.57	$56,930
Jan 2012	187	365	98.09	2.73	$19,341
Dec 2011	746	393	96.87	3.24	$73,538
Nov 2011	186	217	95.72	3.31	$18,522
Oct 2011	555	328	84.98	3.65	$48,361
Sep 2011	180	267	83.62	3.99	$16,116
Aug 2011	555	259	83.40	4.15	$47,362
Jul 2011	372	228	94.14	4.52	$36,050
Jun 2011	364	76	92.90	4.64	$34,168
May 2011	378	176	98.13	4.40	$37,868
Apr 2011	558	177	105.96	4.33	$59,893
Mar 2011	189	247	96.36	4.06	$19,214
Feb 2011	554	192	85.64	4.18	$48,247
Jan 2011	369	218	86.50	4.59	$32,919
Dec 2010	373	254	85.73	4.35	$33,082
Nov 2010	368	234	80.84	3.80	$30,637
Oct 2010	542	283	78.10	3.51	$43,323
Sep 2010	179	298	72.63	3.98	$14,187
Aug 2010	547	118	73.68	4.42	$40,824
Jul 2010	370	318	72.55	4.74	$28,350
Jun 2010	558	298	70.36	4.91	$40,724
May 2010	186	289	71.12	4.24	$14,452
Apr 2010	530	218	81.69	4.12	$44,194
Mar 2010	370	342	78.39	4.39	$30,505
Feb 2010	379	231	73.58	5.44	$29,144
Jan 2010	186	110	74.36	5.96	$14,487
Dec 2009	379	278	71.44	5.48	$28,600
Nov 2009	552	323	74.59	3.75	$42,385
Oct 2009	539	3,350	72.54	4.11	$52,868
Sep 2009	534	611	65.54	3.06	$36,871
Aug 2009	543	366	67.42	3.22	$37,787
Jul 2009	560	407	61.13	3.46	$35,643
Jun 2009	550	397	66.16	3.90	$37,934
May 2009	367	356	54.74	3.93	$21,487
Apr 2009	552	304	46.77	3.59	$26,908
Mar 2009	369	316	42.14	4.06	$16,832
Feb 2009	190	11	32.81	4.63	$6,285
Jan 2009	379	277	35.86	5.37	$15,079
Dec 2008	564	416	37.10	5.98	$23,411
Nov 2008	560	431	55.49	6.86	$34,031
Oct 2008	549	480	75.24	6.92	$44,629
Sep 2008	733	338	101.76	7.88	$77,253
Aug 2008	365	401	114.22	8.48	$45,092
Jul 2008	921	324	131.08	11.39	$124,415
Jun 2008	336	204	131.33	13.03	$46,786
May 2008	526	346	123.17	11.57	$68,792
Apr 2008	726	450	110.31	10.45	$84,790
Mar 2008	713	489	101.90	9.66	$77,380
Feb 2008	716	448	92.53	8.77	$70,181
Jan 2008	552	355	90.38	8.21	$52,803
Dec 2007	555	362	88.33	7.30	$51,666
Nov 2007	717	449	91.67	7.29	$69,001
Oct 2007	713	492	82.85	6.92	$62,478
Sep 2007	714	449	75.84	6.24	$56,953
Aug 2007	545	272	69.06	6.39	$39,375
Jul 2007	709	259	70.90	6.39	$51,923
Jun 2007	512	338	62.00	7.55	$34,295
May 2007	374	27	58.74	7.85	$22,181
Apr 2007	526	212	59.61	7.81	$33,010
Mar 2007	715	345	56.92	7.30	$43,217
Feb 2007	376	71	55.10	8.22	$21,301
Jan 2007	715	334	50.30	6.73	$38,211
Dec 2006	713	542	56.65	6.92	$44,141
Nov 2006	903	525	54.20	7.62	$52,942
Oct 2006	726	571	54.90	6.01	$43,291
Sep 2006	712	0	60.08	5.04	$42,777
Aug 2006	900	537	68.71	7.34	$65,781
Jul 2006	715	564	69.37	6.34	$53,177
Jun 2006	902	462	66.28	6.38	$62,734
May 2006	889	466	66.01	6.42	$61,677
Apr 2006	546	248	64.39	7.36	$36,982
Mar 2006	736	245	56.70	7.08	$43,467
Feb 2006	1,095	528	57.59	7.75	$67,154
Jan 2006	926	583	60.59	8.93	$61,314
Dec 2005	1,280	602	54.94	13.42	$78,399
Nov 2005	937	450	54.69	10.59	$56,009
Oct 2005	1,094	464	58.34	13.80	$70,225
Sep 2005	1,086	535	61.45	12.08	$73,197
Aug 2005	1,441	593	61.51	9.80	$94,445
Jul 2005	896	680	55.69	7.84	$55,232
Jun 2005	1,077	745	52.33	7.38	$61,858
May 2005	1,432	450	45.22	6.65	$67,748
Apr 2005	2,536	1,121	49.20	7.36	$133,022
Mar 2005	2,727	1,067	50.37	7.15	$144,993
Feb 2005	2,705	933	45.22	6.31	$128,209
Jan 2005	2,541	1,242	43.16	6.32	$117,522
Dec 2004	3,646	1,301	39.86	6.75	$154,113
Nov 2004	3,077	968	45.28	6.33	$145,454
Oct 2004	2,528	940	49.70	6.52	$131,766
Sep 2004	0	247	43.24	5.28	$1,305
Aug 2004	1	259	42.37	5.55	$1,480
Jul 2004	539	174	38.28	6.08	$21,692
Jun 2004	359	311	36.10	6.43	$14,961
May 2004	540	341	37.48	6.49	$22,454
Apr 2004	361	426	34.47	5.86	$14,939
Mar 2004	538	463	34.36	5.53	$21,046
Feb 2004	366	448	32.45	5.51	$14,345
Jan 2004	545	441	32.03	6.30	$20,234
Dec 2003	552	341	30.26	6.30	$18,852
Nov 2003	332	418	28.80	4.60	$11,482
Oct 2003	717	351	28.17	4.76	$21,869
Sep 2003	359	295	26.31	4.75	$10,846
Aug 2003	353	424	29.76	5.13	$12,680
Jul 2003	715	487	29.41	5.17	$23,546
Jun 2003	358	492	28.56	5.98	$13,168
May 2003	354	478	26.59	5.97	$12,268
Apr 2003	723	125	26.67	5.41	$19,958
Mar 2003	322	259	31.14	6.10	$11,606
Feb 2003	370	317	33.48	7.93	$14,900
Jan 2003	735	320	30.31	5.58	$24,064
Dec 2002	368	169	26.91	4.85	$10,723
Nov 2002	730	303	24.66	4.14	$19,255
Oct 2002	0	454	26.46	4.23	$1,920
Sep 2002	362	370	27.44	3.64	$11,278
Aug 2002	718	463	25.96	3.16	$20,104
Jul 2002	361	310	24.58	3.06	$9,823
Jun 2002	360	423	23.73	3.34	$9,955
May 2002	694	317	24.66	3.58	$18,250
Apr 2002	357	362	23.65	3.51	$9,715
Mar 2002	364	413	22.00	3.10	$9,289
Feb 2002	360	271	18.22	2.38	$7,203
Jan 2002	359	224	17.17	2.38	$6,696
Dec 2001	551	101	16.93	2.36	$9,567
Nov 2001	0	96	18.07	2.41	$231
Oct 2001	0	20	19.78	2.53	$51
Sep 2001	371	535	24.26	2.25	$10,205
Aug 2001	1,066	914	24.87	3.05	$29,302
Jul 2001	715	519	23.93	3.20	$18,769
Jun 2001	362	156	24.56	3.82	$9,487
May 2001	722	833	25.52	4.31	$22,013
Apr 2001	366	215	24.68	5.34	$10,180
Mar 2001	0	74	24.54	5.38	$398
Feb 2001	1,247	582	27.75	5.77	$37,961
Jan 2001	1,072	1,042	27.47	8.40	$38,199
Dec 2000	1,097	681	26.88	9.12	$35,700
Nov 2000	1,288	1,214	32.21	5.66	$48,355
Oct 2000	917	1,085	31.23	5.15	$34,221
Sep 2000	717	693	31.87	5.19	$26,445
Aug 2000	871	722	29.64	4.54	$29,095
Jul 2000	1,063	623	28.53	4.09	$32,875
Jun 2000	725	628	29.30	4.40	$24,004
May 2000	694	571	27.26	3.68	$21,020
Apr 2000	734	602	24.51	3.12	$19,866
Mar 2000	1,072	384	28.42	2.86	$31,564
Feb 2000	362	733	27.62	2.73	$11,997
Jan 2000	1,087	668	25.27	2.48	$29,125
Dec 1999	367	550	24.28	2.42	$10,244
Nov 1999	727	492	23.19	2.43	$18,057
Oct 1999	726	640	20.98	2.80	$17,026
Sep 1999	721	649	21.75	2.62	$17,381
Aug 1999	713	827	19.26	2.88	$16,111
Jul 1999	1,266	837	17.89	2.37	$24,634
Jun 1999	357	751	15.94	2.36	$7,465
May 1999	1,061	938	15.79	2.32	$18,930
Apr 1999	1,002	633	15.10	2.21	$16,528
Mar 1999	700	811	12.47	1.84	$10,220
Feb 1999	1,097	767	9.98	1.82	$12,342
Jan 1999	538	698	10.38	1.90	$6,911
Dec 1998	1,120	630	9.20	1.77	$11,421
Nov 1998	364	0	10.89	2.19	$3,964
Oct 1998	1,092	2,340	12.42	1.97	$18,171
Sep 1998	726	0	12.59	2.08	$9,140
Aug 1998	723	829	11.30	1.91	$9,751
Jul 1998	726	600	11.74	2.24	$9,866
Jun 1998	731	757	11.24	2.24	$9,910
May 1998	1,089	815	12.62	2.21	$15,541
Apr 1998	739	542	13.04	2.51	$10,994
Mar 1998	716	570	12.80	2.31	$10,481
Feb 1998	695	706	13.95	2.30	$11,318
Jan 1998	1,095	732	14.70	2.15	$17,674
Dec 1997	705	576	16.32	2.41	$12,894
Nov 1997	824	703	18.19	3.09	$17,160
Oct 1997	890	763	19.25	3.15	$19,536
Sep 1997	1,075	843	17.74	2.95	$21,561
Aug 1997	717	858	17.86	2.55	$14,998
Jul 1997	714	735	17.58	2.25	$14,204
Jun 1997	364	344	17.24	2.26	$7,052
May 1997	1,080	692	18.97	2.31	$22,085
Apr 1997	720	713	17.88	2.08	$14,359
Mar 1997	1,096	680	18.95	1.94	$22,088
Feb 1997	732	629	20.49	2.21	$16,386
Jan 1997	748	721	23.48	3.54	$20,115
Dec 1996	752	658	23.32	—	$17,537
Nov 1996	1,176	856	21.97	—	$25,837
Oct 1996	798	881	23.31	—	$18,601
Sep 1996	1,158	824	22.22	—	$25,731
Aug 1996	760	889	20.26	—	$15,398
Jul 1996	1,138	1,185	19.55	—	$22,248
Jun 1996	773	910	18.73	—	$14,478
May 1996	1,168	799	19.43	—	$22,694
Apr 1996	1,117	799	21.51	—	$24,027
Mar 1996	1,182	765	19.38	—	$22,907
Feb 1996	1,188	957	16.98	—	$20,172
Jan 1996	1,591	1,110	17.07	—	$27,158
Dec 1995	1,602	1,229	17.19	—	$27,538
Nov 1995	1,203	1,072	16.00	—	$19,248
Oct 1995	1,185	1,048	15.43	—	$18,285
Sep 1995	1,586	1,050	16.18	—	$25,661
Aug 1995	1,192	1,075	15.92	—	$18,977
Jul 1995	1,549	1,256	15.24	—	$23,607
Jun 1995	1,177	1,034	16.41	—	$19,315
May 1995	1,191	1,125	17.56	—	$20,914
Apr 1995	1,595	1,108	17.73	—	$28,279
Mar 1995	1,171	1,078	16.44	—	$19,251
Feb 1995	1,600	957	16.58	—	$26,528
Jan 1995	1,598	1,090	15.92	—	$25,440
Dec 1994	1,610	1,143	15.03	—	$24,198
Nov 1994	1,589	1,222	15.90	—	$25,265
Oct 1994	1,555	1,282	15.58	—	$24,227
Sep 1994	1,579	1,167	15.29	—	$24,143
Aug 1994	1,527	1,351	16.13	—	$24,631
Jul 1994	1,519	1,415	17.56	—	$26,674
Jun 1994	1,528	1,139	17.09	—	$26,114
May 1994	1,529	1,212	15.88	—	$24,281
Apr 1994	1,906	1,081	14.14	—	$26,951
Mar 1994	1,511	1,047	12.46	—	$18,827
Feb 1994	1,147	987	12.50	—	$14,338
Jan 1994	1,733	1,200	12.66	—	$21,940
Dec 1993	1,761	1,120	12.33	—	$21,713
Nov 1993	1,137	1,029	14.49	—	$16,475
Oct 1993	1,904	1,301	15.85	—	$30,178
Sep 1993	1,500	1,373	15.03	—	$22,545
Aug 1993	1,905	1,594	15.66	—	$29,832
Jul 1993	1,882	1,312	15.46	—	$29,096
Jun 1993	1,937	1,376	16.79	—	$32,522
May 1993	2,670	1,376	17.68	—	$47,206
Apr 1993	1,895	1,347	18.05	—	$34,205
Mar 1993	2,514	1,113	18.14	—	$45,604
Feb 1993	1,563	834	17.90	—	$27,978
Jan 1993	2,336	1,084	16.93	—	$39,548

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 2020 — as filed, then multipliedworked

Oil                  325 bbl  × $ 16.92 =     $5,499
Casinghead gas         0 Mcf  × $  1.81 =         $0

────────────────────────────────────────────────────
Month total                                   $5,499

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/31580 is the state's own key, not one this site invented.