UNIVERSITY "G"

Name: UNIVERSITY "G" lease production and value, Feb 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ELEVATION RESOURCES LLC (P-5 247756) in the ANDREWS, SOUTH (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33701District 08Field 02730852Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.8 M

Feb 1993 – Apr 2023

Value, last 12 filed months

$20 k

at the published price for each month

Months reported

363

no gaps in the span

Streams

oil, casinghead gas

The ANDREWS, SOUTH (WOLFCAMP) 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 68 leases and 131 wells, and the rule below applies to all of them.

Discovered

1953-09-14

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres.

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.

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	34,125 bbl	$1,693,849
Casinghead gas	Production	29,008 Mcf	$71,439
Total			$1,765,288

10,428 Mcf of this lease's gas, across 47 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 32.2048, -102.5047. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.20477, -102.50474 · 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

12,598 ft

1 wells filed one

Completion to plug

29.8 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 12,598 ft.

Completions filed

Feb 1993

1 of 1 wells

Plug dates filed

Nov 2022

1 of 1 wells

Last completion to plug: a median of 29.8 years across the 1 well that filed both dates, with the middle half between 29.8 years and 29.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-00305292	1	12,598 ft	Feb 1993	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 (363)

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

363 months


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	27	0	84.88	8.16	$2,292
Aug 2022	1	8	94.52	9.13	$168
Jul 2022	42	298	101.58	7.54	$6,514
Jun 2022	23	300	115.09	7.98	$5,040
May 2022	30	280	109.37	8.43	$5,642
Apr 2022	34	61	104.22	6.84	$3,961
Mar 2022	8	46	108.88	5.08	$1,105
Feb 2022	2	34	91.05	4.86	$347
Jan 2022	1	83	81.84	4.54	$458
Dec 2021	130	0	71.32	3.90	$9,272
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	91	0	69.86	5.35	$6,357
Aug 2021	91	0	66.02	4.22	$6,008
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	87	0	69.49	3.38	$6,046
May 2021	86	0	63.48	3.02	$5,459
Apr 2021	84	0	60.36	2.76	$5,070
Mar 2021	87	0	61.30	2.72	$5,333
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	89	0	50.41	2.81	$4,486
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	89	0	38.77	2.71	$3,451
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	181	0	37.09	1.99	$6,713
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	91	0	38.37	1.83	$3,492
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	90	0	14.75	1.80	$1,328
Mar 2020	91	0	30.34	1.86	$2,761
Feb 2020	173	0	49.88	1.98	$8,629
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	89	0	55.30	2.75	$4,922
Oct 2019	91	0	53.47	2.42	$4,866
Sep 2019	90	0	55.05	2.66	$4,955
Aug 2019	90	0	53.11	2.30	$4,780
Jul 2019	87	0	56.27	2.46	$4,895
Jun 2019	90	0	52.78	2.49	$4,750
May 2019	0	0	58.48	2.74	$0
Apr 2019	89	0	62.63	2.75	$5,574
Mar 2019	87	0	56.80	3.06	$4,942
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	176	0	46.03	3.23	$8,101
Dec 2018	175	0	46.59	4.19	$8,153
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	158	0	61.44	3.40	$9,708
Sep 2018	88	0	59.54	3.11	$5,240
Aug 2018	85	0	59.40	3.07	$5,049
Jul 2018	178	0	65.14	2.93	$11,595
Jun 2018	96	0	60.18	3.08	$5,777
May 2018	85	0	65.38	2.90	$5,557
Apr 2018	71	0	63.84	2.90	$4,533
Mar 2018	77	0	61.22	2.79	$4,714
Feb 2018	81	0	61.78	2.77	$5,004
Jan 2018	122	0	62.87	4.01	$7,670
Dec 2017	124	0	57.27	2.92	$7,101
Nov 2017	110	0	55.42	3.12	$6,096
Oct 2017	420	0	49.29	2.98	$20,702
Sep 2017	134	0	47.52	3.09	$6,368
Aug 2017	131	0	45.37	3.00	$5,943
Jul 2017	222	0	43.87	3.09	$9,739
Jun 2017	113	0	42.49	3.09	$4,801
May 2017	125	0	45.37	3.26	$5,671
Apr 2017	135	0	47.93	3.21	$6,471
Mar 2017	306	0	46.77	2.98	$14,312
Feb 2017	210	0	50.45	2.95	$10,595
Jan 2017	207	0	49.41	3.42	$10,228
Dec 2016	217	0	48.76	3.72	$10,581
Nov 2016	234	0	42.49	2.64	$9,943
Oct 2016	343	0	46.19	3.09	$15,843
Sep 2016	115	0	41.55	3.10	$4,778
Aug 2016	62	0	41.44	2.92	$2,569
Jul 2016	164	0	41.62	2.92	$6,826
Jun 2016	159	0	45.35	2.69	$7,211
May 2016	164	0	42.52	1.99	$6,973
Apr 2016	177	0	36.56	1.99	$6,471
Mar 2016	178	0	33.01	1.79	$5,876
Feb 2016	154	0	26.47	2.06	$4,076
Jan 2016	135	0	27.35	2.36	$3,692
Dec 2015	128	0	32.36	2.00	$4,142
Nov 2015	180	0	38.79	2.17	$6,982
Oct 2015	120	0	43.55	2.43	$5,226
Sep 2015	220	54	42.99	2.76	$9,607
Aug 2015	155	100	40.16	2.87	$6,512
Jul 2015	232	100	48.15	2.95	$11,465
Jun 2015	148	101	56.15	2.88	$8,601
May 2015	223	100	55.21	2.96	$12,607
Apr 2015	148	50	49.82	2.71	$7,509
Mar 2015	221	0	42.89	2.93	$9,479
Feb 2015	142	0	44.66	2.98	$6,342
Jan 2015	136	0	43.43	3.10	$5,906
Dec 2014	171	0	54.69	3.59	$9,352
Nov 2014	169	0	70.46	4.25	$11,908
Oct 2014	232	0	78.30	3.90	$18,166
Sep 2014	164	0	86.16	4.05	$14,130
Aug 2014	231	0	89.39	4.04	$20,649
Jul 2014	136	0	96.56	4.18	$13,132
Jun 2014	208	20	98.16	4.74	$20,512
May 2014	142	103	94.73	4.73	$13,939
Apr 2014	151	131	95.94	4.81	$15,117
Mar 2014	258	188	95.89	5.06	$25,690
Feb 2014	226	153	97.40	6.19	$22,960
Jan 2014	158	264	90.40	4.86	$15,566
Dec 2013	239	254	91.82	4.35	$23,051
Nov 2013	166	76	88.85	3.74	$15,033
Oct 2013	224	101	97.42	3.78	$22,204
Sep 2013	0	42	104.11	3.72	$156
Aug 2013	113	85	104.25	3.52	$12,080
Jul 2013	228	32	102.52	3.72	$23,494
Jun 2013	214	125	94.40	3.93	$20,693
May 2013	265	183	94.83	4.15	$25,889
Apr 2013	151	352	93.96	4.28	$15,695
Mar 2013	83	190	93.62	3.91	$8,514
Feb 2013	93	146	91.23	3.42	$8,984
Jan 2013	100	181	91.60	3.42	$9,779
Dec 2012	92	117	86.77	3.42	$8,383
Nov 2012	120	158	86.95	3.62	$11,007
Oct 2012	151	165	89.38	3.40	$14,057
Sep 2012	140	20	94.67	2.92	$13,312
Aug 2012	177	240	92.66	2.91	$17,099
Jul 2012	120	275	85.13	3.02	$11,046
Jun 2012	206	169	79.82	2.52	$16,869
May 2012	154	93	91.61	2.49	$14,339
Apr 2012	182	201	101.65	2.00	$18,902
Mar 2012	187	307	105.05	2.22	$20,327
Feb 2012	55	244	101.10	2.57	$6,188
Jan 2012	264	165	98.09	2.73	$26,347
Dec 2011	261	170	96.87	3.24	$25,834
Nov 2011	0	83	95.72	3.31	$275
Oct 2011	18	93	84.98	3.65	$1,869
Sep 2011	73	25	83.62	3.99	$6,204
Aug 2011	36	92	83.40	4.15	$3,384
Jul 2011	55	96	94.14	4.52	$5,611
Jun 2011	56	64	92.90	4.64	$5,499
May 2011	53	76	98.13	4.40	$5,536
Apr 2011	73	91	105.96	4.33	$8,129
Mar 2011	53	88	96.36	4.06	$5,464
Feb 2011	56	79	85.64	4.18	$5,126
Jan 2011	57	82	86.50	4.59	$5,307
Dec 2010	62	131	85.73	4.35	$5,885
Nov 2010	58	227	80.84	3.80	$5,550
Oct 2010	78	177	78.10	3.51	$6,713
Sep 2010	68	0	72.63	3.98	$4,939
Aug 2010	59	76	73.68	4.42	$4,683
Jul 2010	66	91	72.55	4.74	$5,219
Jun 2010	72	75	70.36	4.91	$5,434
May 2010	50	31	71.12	4.24	$3,687
Apr 2010	70	0	81.69	4.12	$5,718
Mar 2010	49	0	78.39	4.39	$3,841
Feb 2010	66	0	73.58	5.44	$4,856
Jan 2010	67	0	74.36	5.96	$4,982
Dec 2009	43	0	71.44	5.48	$3,072
Nov 2009	69	0	74.59	3.75	$5,147
Oct 2009	81	0	72.54	4.11	$5,876
Sep 2009	66	0	65.54	3.06	$4,326
Aug 2009	45	0	67.42	3.22	$3,034
Jul 2009	71	0	61.13	3.46	$4,340
Jun 2009	76	0	66.16	3.90	$5,028
May 2009	53	0	54.74	3.93	$2,901
Apr 2009	68	0	46.77	3.59	$3,180
Mar 2009	60	0	42.14	4.06	$2,528
Feb 2009	54	0	32.81	4.63	$1,772
Jan 2009	52	0	35.86	5.37	$1,865
Dec 2008	56	0	37.10	5.98	$2,078
Nov 2008	62	0	55.49	6.86	$3,440
Oct 2008	55	0	75.24	6.92	$4,138
Sep 2008	75	0	101.76	7.88	$7,632
Aug 2008	56	0	114.22	8.48	$6,396
Jul 2008	71	0	131.08	11.39	$9,307
Jun 2008	71	0	131.33	13.03	$9,324
May 2008	44	0	123.17	11.57	$5,419
Apr 2008	64	0	110.31	10.45	$7,060
Mar 2008	62	0	101.90	9.66	$6,318
Feb 2008	65	0	92.53	8.77	$6,014
Jan 2008	82	0	90.38	8.21	$7,411
Dec 2007	66	0	88.33	7.30	$5,830
Nov 2007	47	0	91.67	7.29	$4,308
Oct 2007	60	0	82.85	6.92	$4,971
Sep 2007	73	0	75.84	6.24	$5,536
Aug 2007	47	0	69.06	6.39	$3,246
Jul 2007	71	0	70.90	6.39	$5,034
Jun 2007	72	0	62.00	7.55	$4,464
May 2007	45	0	58.74	7.85	$2,643
Apr 2007	76	0	59.61	7.81	$4,530
Mar 2007	56	0	56.92	7.30	$3,188
Feb 2007	54	0	55.10	8.22	$2,975
Jan 2007	56	0	50.30	6.73	$2,817
Dec 2006	63	0	56.65	6.92	$3,569
Nov 2006	51	0	54.20	7.62	$2,764
Oct 2006	71	0	54.90	6.01	$3,898
Sep 2006	45	0	60.08	5.04	$2,704
Aug 2006	43	0	68.71	7.34	$2,955
Jul 2006	67	0	69.37	6.34	$4,648
Jun 2006	59	0	66.28	6.38	$3,911
May 2006	59	0	66.01	6.42	$3,895
Apr 2006	60	0	64.39	7.36	$3,863
Mar 2006	65	0	56.70	7.08	$3,686
Feb 2006	46	0	57.59	7.75	$2,649
Jan 2006	46	0	60.59	8.93	$2,787
Dec 2005	66	0	54.94	13.42	$3,626
Nov 2005	51	0	54.69	10.59	$2,789
Oct 2005	90	0	58.34	13.80	$5,251
Sep 2005	82	0	61.45	12.08	$5,039
Aug 2005	56	0	61.51	9.80	$3,445
Jul 2005	59	0	55.69	7.84	$3,286
Jun 2005	65	0	52.33	7.38	$3,401
May 2005	81	0	45.22	6.65	$3,663
Apr 2005	84	0	49.20	7.36	$4,133
Mar 2005	98	26	50.37	7.15	$5,122
Feb 2005	62	47	45.22	6.31	$3,100
Jan 2005	50	53	43.16	6.32	$2,493
Dec 2004	25	64	39.86	6.75	$1,429
Nov 2004	24	86	45.28	6.33	$1,631
Oct 2004	43	54	49.70	6.52	$2,489
Sep 2004	29	39	43.24	5.28	$1,460
Aug 2004	44	64	42.37	5.55	$2,220
Jul 2004	81	22	38.28	6.08	$3,235
Jun 2004	68	149	36.10	6.43	$3,413
May 2004	129	51	37.48	6.49	$5,166
Apr 2004	99	49	34.47	5.86	$3,700
Mar 2004	122	57	34.36	5.53	$4,507
Feb 2004	101	59	32.45	5.51	$3,603
Jan 2004	78	175	32.03	6.30	$3,601
Dec 2003	97	195	30.26	6.30	$4,164
Nov 2003	71	126	28.80	4.60	$2,624
Oct 2003	50	73	28.17	4.76	$1,756
Sep 2003	28	337	26.31	4.75	$2,337
Aug 2003	10	18	29.76	5.13	$390
Jul 2003	37	17	29.41	5.17	$1,176
Jun 2003	46	15	28.56	5.98	$1,404
May 2003	56	30	26.59	5.97	$1,668
Apr 2003	62	61	26.67	5.41	$1,983
Mar 2003	58	111	31.14	6.10	$2,483
Feb 2003	54	41	33.48	7.93	$2,133
Jan 2003	47	43	30.31	5.58	$1,665
Dec 2002	21	46	26.91	4.85	$788
Nov 2002	32	50	24.66	4.14	$996
Oct 2002	27	56	26.46	4.23	$951
Sep 2002	19	55	27.44	3.64	$721
Aug 2002	25	59	25.96	3.16	$836
Jul 2002	62	63	24.58	3.06	$1,717
Jun 2002	65	61	23.73	3.34	$1,746
May 2002	76	59	24.66	3.58	$2,086
Apr 2002	104	56	23.65	3.51	$2,656
Mar 2002	73	56	22.00	3.10	$1,780
Feb 2002	82	50	18.22	2.38	$1,613
Jan 2002	101	30	17.17	2.38	$1,805
Dec 2001	120	147	16.93	2.36	$2,379
Nov 2001	101	122	18.07	2.41	$2,119
Oct 2001	102	129	19.78	2.53	$2,344
Sep 2001	105	111	24.26	2.25	$2,797
Aug 2001	92	123	24.87	3.05	$2,664
Jul 2001	127	124	23.93	3.20	$3,436
Jun 2001	61	101	24.56	3.82	$1,884
May 2001	83	127	25.52	4.31	$2,665
Apr 2001	110	125	24.68	5.34	$3,382
Mar 2001	113	130	24.54	5.38	$3,472
Feb 2001	89	117	27.75	5.77	$3,145
Jan 2001	155	123	27.47	8.40	$5,291
Dec 2000	85	93	26.88	9.12	$3,133
Nov 2000	81	84	32.21	5.66	$3,084
Oct 2000	77	88	31.23	5.15	$2,858
Sep 2000	102	90	31.87	5.19	$3,718
Aug 2000	77	97	29.64	4.54	$2,723
Jul 2000	104	110	28.53	4.09	$3,417
Jun 2000	75	109	29.30	4.40	$2,677
May 2000	88	104	27.26	3.68	$2,782
Apr 2000	88	121	24.51	3.12	$2,534
Mar 2000	91	106	28.42	2.86	$2,889
Feb 2000	93	99	27.62	2.73	$2,839
Jan 2000	91	95	25.27	2.48	$2,535
Dec 1999	104	89	24.28	2.42	$2,741
Nov 1999	96	88	23.19	2.43	$2,440
Oct 1999	88	95	20.98	2.80	$2,113
Sep 1999	93	90	21.75	2.62	$2,258
Aug 1999	89	38	19.26	2.88	$1,823
Jul 1999	94	95	17.89	2.37	$1,907
Jun 1999	92	92	15.94	2.36	$1,684
May 1999	121	93	15.79	2.32	$2,126
Apr 1999	87	85	15.10	2.21	$1,501
Mar 1999	85	99	12.47	1.84	$1,242
Feb 1999	65	80	9.98	1.82	$794
Jan 1999	87	70	10.38	1.90	$1,036
Dec 1998	95	189	9.20	1.77	$1,209
Nov 1998	93	247	10.89	2.19	$1,553
Oct 1998	97	121	12.42	1.97	$1,443
Sep 1998	83	125	12.59	2.08	$1,305
Aug 1998	96	138	11.30	1.91	$1,348
Jul 1998	80	149	11.74	2.24	$1,273
Jun 1998	68	154	11.24	2.24	$1,109
May 1998	16	20	12.62	2.21	$246
Apr 1998	59	201	13.04	2.51	$1,273
Mar 1998	57	231	12.80	2.31	$1,263
Feb 1998	51	191	13.95	2.30	$1,151
Jan 1998	69	198	14.70	2.15	$1,441
Dec 1997	57	195	16.32	2.41	$1,400
Nov 1997	52	169	18.19	3.09	$1,468
Oct 1997	54	177	19.25	3.15	$1,597
Sep 1997	57	202	17.74	2.95	$1,608
Aug 1997	50	185	17.86	2.55	$1,366
Jul 1997	59	191	17.58	2.25	$1,466
Jun 1997	53	161	17.24	2.26	$1,277
May 1997	54	183	18.97	2.31	$1,447
Apr 1997	61	194	17.88	2.08	$1,495
Mar 1997	59	151	18.95	1.94	$1,411
Feb 1997	56	121	20.49	2.21	$1,414
Jan 1997	59	53	23.48	3.54	$1,573
Dec 1996	60	51	23.32	—	$1,399
Nov 1996	60	43	21.97	—	$1,318
Oct 1996	68	60	23.31	—	$1,585
Sep 1996	62	156	22.22	—	$1,378
Aug 1996	62	185	20.26	—	$1,256
Jul 1996	61	179	19.55	—	$1,193
Jun 1996	54	161	18.73	—	$1,011
May 1996	60	150	19.43	—	$1,166
Apr 1996	63	149	21.51	—	$1,355
Mar 1996	85	147	19.38	—	$1,647
Feb 1996	77	109	16.98	—	$1,307
Jan 1996	84	177	17.07	—	$1,434
Dec 1995	96	145	17.19	—	$1,650
Nov 1995	84	129	16.00	—	$1,344
Oct 1995	87	158	15.43	—	$1,342
Sep 1995	70	158	16.18	—	$1,133
Aug 1995	88	181	15.92	—	$1,401
Jul 1995	80	192	15.24	—	$1,219
Jun 1995	81	183	16.41	—	$1,329
May 1995	84	160	17.56	—	$1,475
Apr 1995	92	160	17.73	—	$1,631
Mar 1995	90	162	16.44	—	$1,480
Feb 1995	83	150	16.58	—	$1,376
Jan 1995	82	157	15.92	—	$1,305
Dec 1994	81	180	15.03	—	$1,217
Nov 1994	84	158	15.90	—	$1,336
Oct 1994	73	153	15.58	—	$1,137
Sep 1994	80	148	15.29	—	$1,223
Aug 1994	88	203	16.13	—	$1,419
Jul 1994	74	299	17.56	—	$1,299
Jun 1994	86	313	17.09	—	$1,470
May 1994	86	347	15.88	—	$1,366
Apr 1994	86	327	14.14	—	$1,216
Mar 1994	88	330	12.46	—	$1,096
Feb 1994	78	299	12.50	—	$975
Jan 1994	86	320	12.66	—	$1,089
Dec 1993	92	335	12.33	—	$1,134
Nov 1993	86	303	14.49	—	$1,246
Oct 1993	82	297	15.85	—	$1,300
Sep 1993	98	322	15.03	—	$1,473
Aug 1993	80	195	15.66	—	$1,253
Jul 1993	66	216	15.46	—	$1,020
Jun 1993	209	218	16.79	—	$3,509
May 1993	317	295	17.68	—	$5,605
Apr 1993	473	410	18.05	—	$8,538
Mar 1993	725	981	18.14	—	$13,152
Feb 1993	608	277	17.90	—	$10,883

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 2022 — as filed, then multipliedworked

Oil                   27 bbl  × $ 84.88 =     $2,292
Casinghead gas         0 Mcf  × $  8.16 =         $0

────────────────────────────────────────────────────
Month total                                   $2,292

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/33701 is the state's own key, not one this site invented.