MIDLAND FARMS OPERATING AREA

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

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the INEZ (DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32183District 08Field 44521350Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$15.8 M

Jan 1993 – Sep 2019

Value, last 12 filed months

$129 k

at the published price for each month

Months reported

321

no gaps in the span

Streams

oil, casinghead gas

The INEZ (DEEP) 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 12 leases and 29 wells, and the rule below applies to all of them.

Discovered

1989-03-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,400 ft

minimum

From a lease line

550 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1989-03-01.

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.

The Commission's schedule remark for this field reads: “EFF 05/21/2019”

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	119,561 bbl	$3,510,355
Casinghead gas	Production	3,916,238 Mcf	$12,276,466
Total			$15,786,820

1,057,270 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 (5)

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 32.1482, -102.3903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.14739, -102.39074 · 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%

5 of 5 wells

With a plug date

80.0%

4 of 5 wells

Median depth

12,504 ft

5 wells filed one

Completion to plug

14.3 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

480.0%

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

480.0%

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 12,469 and 12,800 ft, median 12,504 ft, over the 5 wells that filed a depth.

Completions filed

May 1985 – May 2023

5 of 5 wells

Plug dates filed

Sep 1990 – Jul 2026

4 of 5 wells; 1 filed none

Last completion to plug: a median of 14.3 years across the 4 wells that filed both dates, with the middle half between 4.8 years and 26.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-00304291	4	12,800 ft	May 2023	Jul 2026	Yes
42-00304292	5	12,483 ft	Oct 2003	—	Yes
42-00304289	2	12,469 ft	Jul 1989	Apr 2025	Yes
42-00310157	6	12,504 ft	Feb 1988	May 2011	Yes
42-00304290	3	12,548 ft	May 1985	Sep 1990	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 (321)

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

321 months


Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	11	2,554	58.48	2.74	$7,642
Apr 2019	13	4,204	62.63	2.75	$12,378
Mar 2019	14	4,372	56.80	3.06	$14,183
Feb 2019	20	4,607	50.85	2.79	$13,881
Jan 2019	33	4,766	46.03	3.23	$16,905
Dec 2018	27	5,077	46.59	4.19	$22,507
Nov 2018	23	5,421	52.93	4.24	$24,187
Oct 2018	8	4,839	61.44	3.40	$16,935
Sep 2018	72	3,945	59.54	3.11	$16,548
Aug 2018	88	3,820	59.40	3.07	$16,941
Jul 2018	66	4,287	65.14	2.93	$16,868
Jun 2018	4	3,552	60.18	3.08	$11,170
May 2018	0	1,142	65.38	2.90	$3,313
Apr 2018	9	1,825	63.84	2.90	$5,869
Mar 2018	46	3,040	61.22	2.79	$11,288
Feb 2018	17	2,810	61.78	2.77	$8,823
Jan 2018	2	3,166	62.87	4.01	$12,819
Dec 2017	23	2,592	57.27	2.92	$8,890
Nov 2017	27	2,859	55.42	3.12	$10,412
Oct 2017	5	3,035	49.29	2.98	$9,302
Sep 2017	2	3,104	47.52	3.09	$9,678
Aug 2017	27	3,827	45.37	3.00	$12,723
Jul 2017	12	4,798	43.87	3.09	$15,339
Jun 2017	14	3,380	42.49	3.09	$11,030
May 2017	3	5,123	45.37	3.26	$16,855
Apr 2017	0	6,059	47.93	3.21	$19,459
Mar 2017	0	7,030	46.77	2.98	$20,975
Feb 2017	4	4,548	50.45	2.95	$13,630
Jan 2017	26	5,681	49.41	3.42	$20,707
Dec 2016	29	2,647	48.76	3.72	$11,268
Nov 2016	17	1,821	42.49	2.64	$5,538
Oct 2016	7	2,317	46.19	3.09	$7,483
Sep 2016	0	2,861	41.55	3.10	$8,871
Aug 2016	2	3,097	41.44	2.92	$9,140
Jul 2016	9	3,740	41.62	2.92	$11,312
Jun 2016	10	4,138	45.35	2.69	$11,567
May 2016	22	3,811	42.52	1.99	$8,523
Apr 2016	29	3,608	36.56	1.99	$8,244
Mar 2016	24	4,724	33.01	1.79	$9,267
Feb 2016	24	5,710	26.47	2.06	$12,419
Jan 2016	10	5,304	27.35	2.36	$12,814
Dec 2015	6	6,832	32.36	2.00	$13,868
Nov 2015	2	5,673	38.79	2.17	$12,373
Oct 2015	1	3,276	43.55	2.43	$7,993
Sep 2015	15	3,641	42.99	2.76	$10,688
Aug 2015	52	2,771	40.16	2.87	$10,048
Jul 2015	127	4,715	48.15	2.95	$20,001
Jun 2015	73	5,949	56.15	2.88	$21,249
May 2015	116	5,579	55.21	2.96	$22,893
Apr 2015	97	5,247	49.82	2.71	$19,034
Mar 2015	89	5,373	42.89	2.93	$19,585
Feb 2015	17	2,076	44.66	2.98	$6,938
Jan 2015	6	205	43.43	3.10	$896
Dec 2014	47	3,179	54.69	3.59	$13,987
Nov 2014	41	1,855	70.46	4.25	$10,776
Oct 2014	48	2,604	78.30	3.90	$13,917
Sep 2014	31	4,955	86.16	4.05	$22,716
Aug 2014	94	5,030	89.39	4.04	$28,699
Jul 2014	55	4,664	96.56	4.18	$24,804
Jun 2014	52	4,007	98.16	4.74	$24,085
May 2014	68	3,313	94.73	4.73	$22,101
Apr 2014	52	2,198	95.94	4.81	$15,559
Mar 2014	69	4,576	95.89	5.06	$29,756
Feb 2014	86	4,116	97.40	6.19	$33,863
Jan 2014	118	5,413	90.40	4.86	$36,978
Dec 2013	103	5,454	91.82	4.35	$33,207
Nov 2013	114	5,083	88.85	3.74	$29,131
Oct 2013	114	4,084	97.42	3.78	$26,541
Sep 2013	91	3,124	104.11	3.72	$21,088
Aug 2013	142	4,717	104.25	3.52	$31,420
Jul 2013	108	4,739	102.52	3.72	$28,691
Jun 2013	103	4,113	94.40	3.93	$25,901
May 2013	70	1,428	94.83	4.15	$12,563
Apr 2013	62	2,707	93.96	4.28	$17,418
Mar 2013	54	827	93.62	3.91	$8,291
Feb 2013	70	3,257	91.23	3.42	$17,525
Jan 2013	73	3,025	91.60	3.42	$17,032
Dec 2012	0	3,867	86.77	3.42	$13,226
Nov 2012	0	4,626	86.95	3.62	$16,769
Oct 2012	0	4,961	89.38	3.40	$16,866
Sep 2012	0	5,252	94.67	2.92	$15,327
Aug 2012	0	5,205	92.66	2.91	$15,137
Jul 2012	0	5,466	85.13	3.02	$16,512
Jun 2012	24	5,017	79.82	2.52	$14,554
May 2012	154	5,051	91.61	2.49	$26,676
Apr 2012	171	3,360	101.65	2.00	$24,091
Mar 2012	61	6,120	105.05	2.22	$20,007
Feb 2012	0	4,726	101.10	2.57	$12,147
Jan 2012	4	4,567	98.09	2.73	$12,879
Dec 2011	17	5,369	96.87	3.24	$19,041
Nov 2011	30	6,234	95.72	3.31	$23,514
Oct 2011	189	5,562	84.98	3.65	$36,354
Sep 2011	122	5,526	83.62	3.99	$32,227
Aug 2011	5	5,117	83.40	4.15	$21,649
Jul 2011	47	5,167	94.14	4.52	$27,765
Jun 2011	69	4,561	92.90	4.64	$27,573
May 2011	8	4,892	98.13	4.40	$22,333
Apr 2011	2	3,046	105.96	4.33	$13,411
Mar 2011	17	3,925	96.36	4.06	$17,563
Feb 2011	24	4,030	85.64	4.18	$18,901
Jan 2011	0	4,670	86.50	4.59	$21,430
Dec 2010	0	4,547	85.73	4.35	$19,769
Nov 2010	0	3,810	80.84	3.80	$14,460
Oct 2010	4	3,789	78.10	3.51	$13,608
Sep 2010	37	4,860	72.63	3.98	$22,028
Aug 2010	81	5,680	73.68	4.42	$31,070
Jul 2010	171	6,087	72.55	4.74	$41,237
Jun 2010	140	5,915	70.36	4.91	$38,895
May 2010	46	5,252	71.12	4.24	$25,515
Apr 2010	36	1,448	81.69	4.12	$8,911
Mar 2010	71	6,256	78.39	4.39	$33,021
Feb 2010	415	6,473	73.58	5.44	$65,764
Jan 2010	744	5,028	74.36	5.96	$85,311
Dec 2009	529	4,564	71.44	5.48	$62,820
Nov 2009	54	4,146	74.59	3.75	$19,582
Oct 2009	12	3,922	72.54	4.11	$16,991
Sep 2009	157	3,242	65.54	3.06	$20,226
Aug 2009	185	3,953	67.42	3.22	$25,195
Jul 2009	287	5,420	61.13	3.46	$36,322
Jun 2009	435	4,814	66.16	3.90	$47,530
May 2009	216	8,915	54.74	3.93	$46,822
Apr 2009	251	9,511	46.77	3.59	$45,860
Mar 2009	198	7,133	42.14	4.06	$37,297
Feb 2009	203	2,827	32.81	4.63	$19,758
Jan 2009	209	2,844	35.86	5.37	$22,770
Dec 2008	225	4,662	37.10	5.98	$36,213
Nov 2008	216	4,426	55.49	6.86	$42,350
Oct 2008	168	4,915	75.24	6.92	$46,662
Sep 2008	177	4,284	101.76	7.88	$51,757
Aug 2008	198	7,304	114.22	8.48	$84,576
Jul 2008	311	6,872	131.08	11.39	$119,034
Jun 2008	817	7,431	131.33	13.03	$204,142
May 2008	445	7,841	123.17	11.57	$145,565
Apr 2008	281	7,226	110.31	10.45	$106,544
Mar 2008	275	6,977	101.90	9.66	$95,449
Feb 2008	225	7,389	92.53	8.77	$85,625
Jan 2008	233	8,284	90.38	8.21	$89,035
Dec 2007	262	7,925	88.33	7.30	$81,011
Nov 2007	226	8,003	91.67	7.29	$79,073
Oct 2007	203	8,588	82.85	6.92	$76,265
Sep 2007	111	7,221	75.84	6.24	$53,507
Aug 2007	257	11,209	69.06	6.39	$89,351
Jul 2007	299	11,711	70.90	6.39	$96,008
Jun 2007	229	11,589	62.00	7.55	$101,677
May 2007	257	11,882	58.74	7.85	$108,326
Apr 2007	275	9,996	59.61	7.81	$94,414
Mar 2007	324	12,510	56.92	7.30	$109,790
Feb 2007	259	9,682	55.10	8.22	$93,818
Jan 2007	314	10,833	50.30	6.73	$88,666
Dec 2006	351	12,417	56.65	6.92	$105,790
Nov 2006	365	7,621	54.20	7.62	$77,836
Oct 2006	343	10,978	54.90	6.01	$84,850
Sep 2006	147	7,791	60.08	5.04	$48,077
Aug 2006	241	10,513	68.71	7.34	$93,724
Jul 2006	257	13,016	69.37	6.34	$100,385
Jun 2006	230	10,638	66.28	6.38	$83,156
May 2006	237	10,093	66.01	6.42	$80,492
Apr 2006	246	11,912	64.39	7.36	$103,518
Mar 2006	256	11,595	56.70	7.08	$96,642
Feb 2006	234	10,290	57.59	7.75	$93,235
Jan 2006	251	11,923	60.59	8.93	$121,720
Dec 2005	199	11,261	54.94	13.42	$162,004
Nov 2005	255	12,653	54.69	10.59	$147,921
Oct 2005	258	13,408	58.34	13.80	$200,025
Sep 2005	252	11,787	61.45	12.08	$157,861
Aug 2005	210	12,426	61.51	9.80	$134,653
Jul 2005	180	12,405	55.69	7.84	$107,325
Jun 2005	179	12,545	52.33	7.38	$101,962
May 2005	308	12,749	45.22	6.65	$98,723
Apr 2005	235	12,843	49.20	7.36	$106,093
Mar 2005	237	25,804	50.37	7.15	$196,562
Feb 2005	212	12,007	45.22	6.31	$85,374
Jan 2005	222	12,741	43.16	6.32	$90,133
Dec 2004	153	12,786	39.86	6.75	$92,418
Nov 2004	334	11,396	45.28	6.33	$87,265
Oct 2004	183	10,739	49.70	6.52	$79,061
Sep 2004	193	10,534	43.24	5.28	$64,006
Aug 2004	186	11,788	42.37	5.55	$73,312
Jul 2004	340	13,109	38.28	6.08	$92,773
Jun 2004	81	9,234	36.10	6.43	$62,327
May 2004	79	9,610	37.48	6.49	$65,374
Apr 2004	83	9,160	34.47	5.86	$56,525
Mar 2004	87	9,928	34.36	5.53	$57,893
Feb 2004	84	9,203	32.45	5.51	$53,431
Jan 2004	88	9,726	32.03	6.30	$64,089
Dec 2003	87	9,324	30.26	6.30	$61,389
Nov 2003	92	8,692	28.80	4.60	$42,591
Oct 2003	475	8,997	28.17	4.76	$56,203
Sep 2003	355	11,702	26.31	4.75	$64,917
Aug 2003	410	12,566	29.76	5.13	$76,662
Jul 2003	602	16,110	29.41	5.17	$101,007
Jun 2003	580	15,360	28.56	5.98	$108,463
May 2003	670	16,727	26.59	5.97	$117,720
Apr 2003	574	15,747	26.67	5.41	$100,457
Mar 2003	574	15,747	31.14	6.10	$113,869
Feb 2003	591	15,017	33.48	7.93	$138,810
Jan 2003	646	16,154	30.31	5.58	$109,753
Dec 2002	436	15,866	26.91	4.85	$88,743
Nov 2002	424	15,930	24.66	4.14	$76,358
Oct 2002	441	15,738	26.46	4.23	$78,227
Sep 2002	406	15,982	27.44	3.64	$69,238
Aug 2002	508	11,915	25.96	3.16	$50,889
Jul 2002	567	15,739	24.58	3.06	$62,126
Jun 2002	516	17,355	23.73	3.34	$70,180
May 2002	532	16,199	24.66	3.58	$71,176
Apr 2002	554	15,454	23.65	3.51	$67,381
Mar 2002	607	16,018	22.00	3.10	$63,053
Feb 2002	530	15,641	18.22	2.38	$46,815
Jan 2002	557	17,624	17.17	2.38	$51,433
Dec 2001	780	18,603	16.93	2.36	$57,190
Nov 2001	701	14,829	18.07	2.41	$48,339
Oct 2001	931	19,166	19.78	2.53	$66,884
Sep 2001	824	20,822	24.26	2.25	$66,867
Aug 2001	373	12,692	24.87	3.05	$48,027
Jul 2001	520	20,144	23.93	3.20	$76,846
Jun 2001	601	20,053	24.56	3.82	$91,446
May 2001	472	20,008	25.52	4.31	$98,226
Apr 2001	578	14,385	24.68	5.34	$91,014
Mar 2001	798	23,835	24.54	5.38	$147,730
Feb 2001	724	19,903	27.75	5.77	$134,873
Jan 2001	696	20,906	27.47	8.40	$194,704
Dec 2000	643	17,986	26.88	9.12	$181,361
Nov 2000	682	20,928	32.21	5.66	$140,378
Oct 2000	673	22,642	31.23	5.15	$137,522
Sep 2000	745	17,978	31.87	5.19	$116,986
Aug 2000	794	22,034	29.64	4.54	$123,585
Jul 2000	584	19,676	28.53	4.09	$97,131
Jun 2000	720	19,908	29.30	4.40	$108,636
May 2000	706	19,241	27.26	3.68	$90,048
Apr 2000	870	21,473	24.51	3.12	$88,234
Mar 2000	1,251	25,061	28.42	2.86	$107,222
Feb 2000	1,113	21,341	27.62	2.73	$88,927
Jan 2000	798	24,876	25.27	2.48	$81,870
Dec 1999	798	22,653	24.28	2.42	$74,280
Nov 1999	826	19,000	23.19	2.43	$65,401
Oct 1999	665	19,374	20.98	2.80	$68,271
Sep 1999	683	21,290	21.75	2.62	$70,611
Aug 1999	586	20,359	19.26	2.88	$69,831
Jul 1999	852	25,956	17.89	2.37	$76,820
Jun 1999	886	25,830	15.94	2.36	$75,136
May 1999	798	24,029	15.79	2.32	$68,372
Apr 1999	850	26,644	15.10	2.21	$71,666
Mar 1999	1,137	30,765	12.47	1.84	$70,735
Feb 1999	805	17,529	9.98	1.82	$39,898
Jan 1999	859	18,425	10.38	1.90	$43,923
Dec 1998	1,041	23,477	9.20	1.77	$51,209
Nov 1998	1,018	20,966	10.89	2.19	$56,912
Oct 1998	649	19,507	12.42	1.97	$46,474
Sep 1998	874	26,769	12.59	2.08	$66,753
Aug 1998	750	25,900	11.30	1.91	$57,875
Jul 1998	805	26,698	11.74	2.24	$69,181
Jun 1998	801	25,936	11.24	2.24	$67,029
May 1998	843	27,876	12.62	2.21	$72,143
Apr 1998	634	26,287	13.04	2.51	$74,125
Mar 1998	763	25,765	12.80	2.31	$69,269
Feb 1998	697	25,033	13.95	2.30	$67,277
Jan 1998	826	28,784	14.70	2.15	$74,166
Dec 1997	1,240	27,937	16.32	2.41	$87,596
Nov 1997	1,080	28,406	18.19	3.09	$107,370
Oct 1997	1,017	22,394	19.25	3.15	$90,114
Sep 1997	1,035	19,680	17.74	2.95	$76,513
Aug 1997	1,189	25,454	17.86	2.55	$86,264
Jul 1997	1,154	19,447	17.58	2.25	$63,984
Jun 1997	911	24,352	17.24	2.26	$70,673
May 1997	736	40,331	18.97	2.31	$107,066
Apr 1997	1,185	24,993	17.88	2.08	$73,243
Mar 1997	1,170	21,569	18.95	1.94	$63,997
Feb 1997	869	17,996	20.49	2.21	$57,503
Jan 1997	820	28,275	23.48	3.54	$119,339
Dec 1996	1,307	30,126	23.32	—	$30,479
Nov 1996	786	28,114	21.97	—	$17,268
Oct 1996	1,141	32,433	23.31	—	$26,597
Sep 1996	982	30,337	22.22	—	$21,820
Aug 1996	986	32,230	20.26	—	$19,976
Jul 1996	973	30,493	19.55	—	$19,022
Jun 1996	943	27,281	18.73	—	$17,662
May 1996	1,517	34,664	19.43	—	$29,475
Apr 1996	1,081	27,170	21.51	—	$23,252
Mar 1996	505	23,180	19.38	—	$9,787
Feb 1996	496	21,814	16.98	—	$8,422
Jan 1996	751	26,189	17.07	—	$12,820
Dec 1995	911	27,162	17.19	—	$15,660
Nov 1995	670	27,368	16.00	—	$10,720
Oct 1995	640	29,570	15.43	—	$9,875
Sep 1995	513	22,380	16.18	—	$8,300
Aug 1995	452	16,815	15.92	—	$7,196
Jul 1995	511	18,959	15.24	—	$7,788
Jun 1995	567	16,949	16.41	—	$9,304
May 1995	576	13,341	17.56	—	$10,115
Apr 1995	345	11,608	17.73	—	$6,117
Mar 1995	620	18,067	16.44	—	$10,193
Feb 1995	783	11,953	16.58	—	$12,982
Jan 1995	1,265	17,344	15.92	—	$20,139
Dec 1994	1,144	16,671	15.03	—	$17,194
Nov 1994	987	14,542	15.90	—	$15,693
Oct 1994	514	13,584	15.58	—	$8,008
Sep 1994	545	13,616	15.29	—	$8,333
Aug 1994	489	12,344	16.13	—	$7,888
Jul 1994	626	20,251	17.56	—	$10,993
Jun 1994	767	25,048	17.09	—	$13,108
May 1994	483	16,687	15.88	—	$7,670
Apr 1994	412	13,461	14.14	—	$5,826
Mar 1994	327	21,572	12.46	—	$4,074
Feb 1994	287	19,017	12.50	—	$3,588
Jan 1994	291	21,249	12.66	—	$3,684
Dec 1993	327	24,173	12.33	—	$4,032
Nov 1993	372	20,721	14.49	—	$5,390
Oct 1993	573	23,100	15.85	—	$9,082
Sep 1993	925	23,145	15.03	—	$13,903
Aug 1993	868	24,875	15.66	—	$13,593
Jul 1993	781	18,798	15.46	—	$12,074
Jun 1993	644	22,923	16.79	—	$10,813
May 1993	833	24,932	17.68	—	$14,727
Apr 1993	1,106	24,898	18.05	—	$19,963
Mar 1993	1,223	25,991	18.14	—	$22,185
Feb 1993	715	20,291	17.90	—	$12,799
Jan 1993	785	19,834	16.93	—	$13,290

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 2019 — as filed, then multipliedworked

Oil                   11 bbl  × $ 58.48 =       $643
Casinghead gas     2,554 Mcf  × $  2.74 =     $6,999

────────────────────────────────────────────────────
Month total                                   $7,642

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/32183 is the state's own key, not one this site invented.