TIPPETT, JUNE

Operated by APACHE CORPORATION (P-5 27200) 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 34447District 08Field 85280300OilCasinghead gasSave
Value, all time
$134.0 M
Mar 1995 – May 2026
Value, last 12 filed months
$1.7 M
at the published price for each month
Months reported
375
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
OilDisposition2,265,731 bbl$104,681,143
Casinghead gasProduction6,022,959 Mcf$29,358,875
Total$134,040,018

31,615 Mcf of this lease's gas, across 22 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 (40)

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 31.7009, -102.1706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.4 miles.

31.70167, -102.15688 · centre of the wells drawn, derived

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
47.5%
19 of 40 wells
With a plug date
47.5%
19 of 40 wells
Median depth
10,004 ft
40 wells filed one
Completion to plug
17.9 years
median over 19 wells

What the state filed about each well

On the RRC proration schedule
1947.5%
A plug date is filed
1947.5%
BothOn the schedule and plugged. Neither fact cancels the other.
1947.5%
NeitherNo plug date, and not on the schedule.
2152.5%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 40 of 40 wells. Median 10,004 ft, with the middle half between 9,952 and 10,110 ft; the shallowest is 9,546 ft and the deepest 10,936 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
20s

Last completion by decade, 40 of 40 wells, Jun 1996 – Sep 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1996 – Sep 2022
40 of 40 wells
Plug dates filed
Mar 2010 – Jun 2025
19 of 40 wells; 21 filed none

Last completion to plug: a median of 17.9 years across the 19 wells that filed both dates, with the middle half between 13.0 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.

40 wells

42-329357299210,101 ftSep 2022Jul 2023Yes
42-329015593210,322 ftAug 2011Feb 2025Yes
42-329357309310,071 ftJan 2008
42-329357289110,083 ftOct 2007Feb 2023Yes
42-329357279010,096 ftSep 2007
42-329356818910,144 ftSep 2007Nov 2021Yes
42-3293574887R10,110 ftSep 2007
42-329357378610,110 ftSep 2007Dec 2019Yes
42-329357328510,111 ftAug 2007Jun 2023Yes
42-329354858310,063 ftOct 2006Sep 2024Yes
42-329354848210,079 ftSep 2006Dec 2024Yes
42-329354868410,061 ftSep 2006
42-32933561509,950 ftAug 2002Aug 2012Yes
42-32933678569,960 ftAug 2000
42-32934119739,546 ftJan 1999
42-32934118729,995 ftDec 1998
42-32901592610,850 ftNov 1998
42-329341207110,000 ftNov 1998Apr 2011Yes
42-329341217010,008 ftOct 1998
42-329015961010,850 ftOct 1998May 2025Yes
42-32901591510,850 ftMar 1998Mar 2010Yes
42-32933727669,950 ftJul 1997
42-32933719649,960 ftJun 1997
42-32933717629,950 ftJun 1997
42-32933720659,950 ftJun 1997Jul 2024Yes
42-32933718639,958 ftJun 1997
42-32933695619,950 ftMay 1997
42-32931651210,900 ftMay 1997Feb 2023Yes
42-32933694609,995 ftMay 1997
42-32933693599,950 ftMay 1997Jul 2023Yes
42-32933687589,952 ftMay 1997
42-32933679579,955 ftMay 1997
42-32931577110,936 ftMay 1997May 2025Yes
42-32933563529,968 ftMay 1997Nov 2019Yes
42-32933677559,890 ftApr 1997
42-32933669549,955 ftApr 1997
42-32933562519,950 ftMar 1997
42-32933560499,900 ftMar 1997Oct 2024Yes
42-32901594810,928 ftJul 1996
42-329100033410,365 ftJun 1996Jun 2025Yes

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 (375)

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

375 months

May 20269241,206106.413.05$101,996
Apr 20261773798.932.87$17,617
Mar 20264001,09089.753.15$39,333
Feb 2026981,53363.503.75$11,972
Jan 20268032,42759.138.00$66,892
Dec 20251,6153,97656.664.41$109,053
Nov 20252,6146,64858.593.93$179,257
Oct 20256,2107,87359.383.30$394,769
Sep 20253,5767,34262.743.08$246,949
Aug 20251,5304,20463.933.01$110,487
Jul 20253,2012,17266.743.32$220,835
Jun 20252,9185,64266.483.13$211,641
May 20251,3312,57760.553.23$88,922
Apr 20251,4601,07362.363.54$94,847
Mar 20251,85280267.704.27$128,804
Feb 20251,5812,82070.884.34$124,302
Jan 20251,8832,90474.324.28$152,370
Dec 20243,2165,64568.993.12$239,492
Nov 20243,4516,72769.052.20$253,080
Oct 20244,4037,63071.372.28$331,649
Sep 20244,3458,05769.612.36$321,505
Aug 20244,7319,37675.632.06$377,154
Jul 20245,0869,11179.932.15$426,082
Jun 20244,2187,32178.082.63$348,625
May 20244,9968,93378.812.20$413,373
Apr 20245,48810,28284.451.66$480,521
Mar 20245,1798,98180.301.55$429,751
Feb 20245,0148,30876.091.78$396,334
Jan 20243,5195,49473.023.30$275,075
Dec 20232,5434,48071.262.61$192,910
Nov 20232,1463,44377.892.81$176,818
Oct 20233,6365,27185.443.09$326,933
Sep 20234,3627,20889.042.74$408,107
Aug 20233,4347,51980.522.67$296,603
Jul 20233,7208,19474.852.64$300,089
Jun 20233,3905,34468.962.26$245,844
May 20233,0064,38970.622.23$222,060
Apr 20233,5013,95178.122.24$282,340
Mar 20232,0173,05572.852.39$154,250
Feb 20232,4362,82975.112.47$189,943
Jan 20232,9374,60276.533.39$240,359
Dec 20224,0616,32476.415.73$346,532
Nov 20224,7805,52585.005.65$437,495
Oct 20224,7105,03287.185.86$440,124
Sep 20225,3705,65984.888.16$502,004
Aug 20224,7737,83594.529.13$522,655
Jul 20225,4108,448101.587.54$613,263
Jun 20224,4996,664115.097.98$570,950
May 20224,1237,508109.378.43$514,248
Apr 20225,0457,935104.226.84$580,046
Mar 20225,3017,062108.885.08$613,022
Feb 20223,8575,04491.054.86$375,688
Jan 20225,5526,70481.844.54$484,796
Dec 20215,6006,30071.323.90$423,956
Nov 20213,7616,11577.435.24$323,238
Oct 20215,1027,78479.795.71$451,565
Sep 20215,1037,16569.865.35$394,835
Aug 20214,5337,05166.024.22$329,028
Jul 20215,5467,32670.783.98$421,719
Jun 20215,6667,86769.493.38$420,326
May 20216,0628,53363.483.02$410,566
Apr 20214,9864,78660.362.76$314,157
Mar 20214,4105,23761.302.72$284,562
Feb 20212,9383,25257.805.55$187,858
Jan 20215,0856,60350.412.81$274,891
Dec 20205,9039,45444.642.68$288,804
Nov 20205,4317,35238.772.71$230,459
Oct 20205,3947,93436.972.48$219,080
Sep 20205,6187,83437.091.99$223,969
Aug 20205,6048,40739.982.39$244,099
Jul 20205,3268,19438.371.83$219,314
Jun 20205,9775,71734.901.69$218,261
May 20205,9356,93216.921.81$113,000
Apr 20206,4846,58514.751.80$107,521
Mar 20206,8916,61930.341.86$221,359
Feb 20206,2635,40549.881.98$323,104
Jan 20206,5016,80757.252.09$386,441
Dec 20196,5405,62959.012.30$398,897
Nov 20195,9224,30655.302.75$339,331
Oct 20195,1994,35853.472.42$288,531
Sep 20194,8523,46355.052.66$276,305
Aug 20195,1283,14553.112.30$279,595
Jul 20194,9733,86656.272.46$289,341
Jun 20194,3954,25952.782.49$242,578
May 20195,9465,63958.482.74$363,175
Apr 20195,2183,00362.632.75$335,064
Mar 20195,5842,87356.803.06$325,969
Feb 20193,1412,32250.852.79$166,203
Jan 20194,2933,89646.033.23$210,184
Dec 20184,4083,22846.594.19$218,879
Nov 20183,7482,74452.934.24$210,009
Oct 20182,5062,16961.443.40$161,339
Sep 20182,5562,84759.543.11$161,033
Aug 20183,008059.403.07$178,675
Jul 20184,9085,71665.142.93$336,466
Jun 20184,5965,18260.183.08$292,532
May 20184,7916,72365.382.90$332,738
Apr 20184,4995,68563.842.90$303,707
Mar 20184,6145,42861.222.79$297,596
Feb 20183,8345,17261.782.77$251,171
Jan 20184,2043,56162.874.01$278,583
Dec 20174,5153,12757.272.92$267,710
Nov 20174,2402,82055.423.12$243,775
Oct 20173,4793,88249.292.98$183,063
Sep 20171,5393,65747.523.09$84,423
Aug 20172,2145,13145.373.00$115,865
Jul 20171,5983,59243.873.09$81,194
Jun 20172,3855,09042.493.09$117,053
May 20173,111045.373.26$141,146
Apr 20173,0766,27647.933.21$167,589
Mar 20173,1246,56046.772.98$165,682
Feb 20173,2395,92250.452.95$180,893
Jan 20173,2665,72349.413.42$180,939
Dec 20163,1376,13348.763.72$175,792
Nov 20163,3476,38442.492.64$159,096
Oct 20163,1607,37846.193.09$168,760
Sep 20163,1675,77941.553.10$149,507
Aug 20163,2116,86541.442.92$153,139
Jul 20163,2867,34641.622.92$158,246
Jun 20163,2137,68945.352.69$166,361
May 20163,3128,13142.521.99$157,015
Apr 20163,0728,57336.561.99$129,382
Mar 20163,3488,36033.011.79$125,515
Feb 20163,2987,17326.472.06$102,100
Jan 20163,2736,87827.352.36$105,779
Dec 20153,4217,93032.362.00$126,575
Nov 20153,1238,01838.792.17$138,519
Oct 20153,0038,31243.552.43$150,950
Sep 20152,3898,10942.992.76$125,071
Aug 20152,7748,28840.162.87$135,211
Jul 20152,8287,91248.152.95$159,470
Jun 20153,4298,37256.152.88$216,674
May 20153,1178,48655.212.96$197,170
Apr 20152,8948,12049.822.71$166,156
Mar 20153,1177,53842.892.93$155,810
Feb 20153,0257,69144.662.98$157,986
Jan 20153,3728,47143.433.10$172,711
Dec 20144,08710,59454.693.59$261,565
Nov 20143,8168,93570.464.25$306,866
Oct 20143,62612,43278.303.90$332,413
Sep 20144,14513,09886.164.05$410,120
Aug 20144,26513,43389.394.04$435,452
Jul 20143,719096.564.18$359,107
Jun 20143,81811,54398.164.74$429,453
May 20144,48111,70794.734.73$479,819
Apr 20144,38613,69995.944.81$486,673
Mar 20144,57513,14695.895.06$505,173
Feb 20144,14811,93697.406.19$477,923
Jan 20144,71613,01490.404.86$489,584
Dec 20134,67812,66891.824.35$484,697
Nov 20133,93711,49188.853.74$392,759
Oct 20134,50513,08097.423.78$488,311
Sep 20133,93012,665104.113.72$456,237
Aug 20134,58315,247104.253.52$531,487
Jul 20134,46913,781102.523.72$509,396
Jun 20134,78814,25194.403.93$508,042
May 20135,21318,56094.834.15$571,356
Apr 20134,84615,47693.964.28$521,608
Mar 20135,30616,71693.623.91$562,155
Feb 20134,48713,92491.233.42$456,968
Jan 20135,12715,67191.603.42$523,227
Dec 20125,46216,01686.773.42$528,715
Nov 20125,04115,31186.953.62$493,817
Oct 20124,72416,48989.383.40$478,288
Sep 20124,50515,15994.672.92$470,728
Aug 20124,93718,32592.662.91$510,754
Jul 20125,49317,70485.133.02$521,099
Jun 20125,19414,67079.822.52$451,539
May 20124,86116,96091.612.49$487,518
Apr 20124,54815,503101.652.00$493,261
Mar 20125,05715,232105.052.22$565,085
Feb 20125,40416,388101.102.57$588,465
Jan 20125,98316,46998.092.73$631,900
Dec 20116,14517,24896.873.24$651,145
Nov 20115,38213,36695.723.31$559,424
Oct 20115,51313,12384.983.65$516,375
Sep 20115,78313,37183.623.99$536,869
Aug 20115,48212,49283.404.15$509,032
Jul 20115,15910,64694.144.52$533,759
Jun 20115,40711,60692.904.64$556,161
May 20115,08611,07498.134.40$547,868
Apr 20114,95510,956105.964.33$572,507
Mar 20115,49912,63996.364.06$581,164
Feb 20114,83510,33285.644.18$457,257
Jan 20114,7649,53386.504.59$455,831
Dec 20104,67611,28085.734.35$449,916
Nov 20104,96235,00180.843.80$533,968
Oct 20106,44240,43278.103.51$644,992
Sep 20105,72028,50972.633.98$528,894
Aug 20105,65126,82173.684.42$534,897
Jul 20105,75340,88172.554.74$611,013
Jun 20104,72235,16670.364.91$504,919
May 20105,01252,18371.124.24$577,460
Apr 20104,91050,60181.694.12$609,710
Mar 20102,50313,32278.394.39$254,676
Feb 20105,14442,65073.585.44$610,612
Jan 20106,14551,93374.365.96$766,675
Dec 20097950871.445.48$8,430
Nov 20096,90928,09074.593.75$620,722
Oct 20095,82023,51372.544.11$518,827
Sep 20095,18416,63865.543.06$390,751
Aug 20094,22033,11467.423.22$391,090
Jul 20095,36231,62161.133.46$437,330
Jun 20095,04215,75366.163.90$394,937
May 20095,95721,62354.743.93$410,973
Apr 20095,40718,63446.773.59$319,735
Mar 20094,00912,92242.144.06$221,390
Feb 20095,38712,47232.814.63$234,530
Jan 20095,82512,93735.865.37$278,369
Dec 20086,33436,27437.105.98$451,806
Nov 20086,40726,29855.496.86$535,938
Oct 20087,86641,04375.246.92$875,937
Sep 20082,66327,993101.767.88$491,490
Aug 20087,13866,711114.228.48$1,381,213
Jul 20087,04959,659131.0811.39$1,603,465
Jun 20086,58740,369131.3313.03$1,391,185
May 20087,15127,319123.1711.57$1,196,987
Apr 20087,02630,833110.3110.45$1,097,393
Mar 20087,99321,629101.909.66$1,023,511
Feb 20088,53741,05692.538.77$1,150,014
Jan 20088,39227,69390.388.21$985,710
Dec 20077,93724,96188.337.30$883,340
Nov 20079,91224,93591.677.29$1,090,452
Oct 200712,04025,99482.856.92$1,177,444
Sep 200712,60136,20575.846.24$1,181,730
Aug 20074,39746,41569.066.39$600,153
Jul 20074,50244,56270.906.39$603,851
Jun 20073,63734,46362.007.55$485,636
May 20074,67034,26358.747.85$543,153
Apr 20073,96441,10159.617.81$557,096
Mar 20073,70616,73456.927.30$333,137
Feb 20073,55513,19555.108.22$304,291
Jan 20074,12811,67650.306.73$286,181
Dec 20064,07314,88756.656.92$333,730
Nov 20064,19917,08854.207.62$357,753
Oct 20064,57654,98554.906.01$581,891
Sep 20064,32345,72660.085.04$490,057
Aug 20065,59062,23868.717.34$840,911
Jul 20064,55520,81569.376.34$448,005
Jun 20064,451101,72466.286.38$944,406
May 20065,082102,69666.016.42$995,285
Apr 20065,16698,80964.397.36$1,059,920
Mar 20064,32947,30056.707.08$580,476
Feb 20064,50129,78157.597.75$490,049
Jan 20064,65634,80060.598.93$592,987
Dec 20054,56036,52354.9413.42$740,497
Nov 20054,98326,98454.6910.59$558,238
Oct 20054,73940,54858.3413.80$835,864
Sep 20053,85127,93461.4512.08$574,059
Aug 20054,30528,35761.519.80$542,610
Jul 20054,18628,19155.697.84$454,238
Jun 20053,75946,02052.337.38$536,384
May 20054,04710,00545.226.65$249,550
Apr 20054,24411,24649.207.36$291,581
Mar 20055,36512,50050.377.15$359,671
Feb 20054,42610,87545.226.31$268,786
Jan 20055,00113,18443.166.32$299,195
Dec 20044,71612,26339.866.75$270,768
Nov 20045,31713,03445.286.33$323,264
Oct 20044,58413,02249.706.52$312,664
Sep 20044,82712,93843.245.28$277,083
Aug 20044,71013,47142.375.55$274,336
Jul 20044,36913,76338.286.08$250,982
Jun 20044,19713,58936.106.43$238,930
May 20044,68214,08137.486.49$266,932
Apr 20044,88613,55434.475.86$247,826
Mar 20045,17812,97534.365.53$249,670
Feb 20045,00111,75732.455.51$227,059
Jan 20045,29712,86832.036.30$250,727
Dec 20035,03413,13330.266.30$235,088
Nov 20035,82612,79928.804.60$226,602
Oct 20035,93013,26428.174.76$230,180
Sep 20035,30312,72226.314.75$199,943
Aug 20035,03012,62029.765.13$214,430
Jul 20035,36713,53329.415.17$227,820
Jun 20035,47112,89428.565.98$233,396
May 20035,82913,50226.595.97$235,636
Apr 20036,21319,94326.675.41$273,538
Mar 20036,96621,79131.146.10$349,760
Feb 20036,48419,21933.487.93$369,412
Jan 20036,63821,24630.315.58$319,794
Dec 20027,50318,99526.914.85$294,103
Nov 20027,12517,34824.664.14$247,470
Oct 20027,51820,46726.464.23$285,484
Sep 20027,05021,33827.443.64$271,020
Aug 20026,63120,46225.963.16$236,886
Jul 20027,22420,93824.583.06$241,673
Jun 20026,73219,99323.733.34$226,492
May 20027,42620,34024.663.58$256,024
Apr 20028,66413,83223.653.51$253,486
Mar 20029,60115,22922.003.10$258,473
Feb 20028,81214,01818.222.38$193,857
Jan 20029,80415,68917.172.38$205,607
Dec 200110,40614,42516.932.36$210,280
Nov 20019,61914,10218.072.41$207,738
Oct 20018,64313,15419.782.53$204,223
Sep 20018,73814,06924.262.25$243,658
Aug 200112,54913,99524.873.05$354,823
Jul 20018,77013,57323.933.20$253,260
Jun 20017,74211,89724.563.82$235,640
May 20016,95910,64225.524.31$223,432
Apr 20018,79745,49524.685.34$459,840
Mar 200110,35421,70824.545.38$370,799
Feb 20019,60613,07627.755.77$341,977
Jan 200111,24714,44027.478.40$430,233
Dec 200011,84632,45226.889.12$614,464
Nov 200010,18533,70232.215.66$518,745
Oct 200011,31134,78631.235.15$532,234
Sep 20009,82931,61731.875.19$477,232
Aug 200011,07230,58129.644.54$467,035
Jul 200011,02226,20528.534.09$421,630
Jun 200011,45625,42229.304.40$447,448
May 200012,19129,24427.263.68$439,937
Apr 200011,30527,79024.513.12$363,679
Mar 200011,56327,18128.422.86$406,351
Feb 200011,48725,81727.622.73$387,661
Jan 200012,73527,18925.272.48$389,256
Dec 199914,10827,38624.282.42$408,918
Nov 199913,84227,32023.192.43$387,493
Oct 199913,37929,00920.982.80$362,024
Sep 199912,56627,76621.752.62$346,025
Aug 199914,85331,36319.262.88$376,256
Jul 199915,40334,59917.892.37$357,641
Jun 199916,44631,94215.942.36$337,599
May 199917,96633,79315.792.32$362,117
Apr 199917,58630,89915.102.21$333,775
Mar 199919,97234,48512.471.84$312,446
Feb 199918,51132,9179.981.82$244,576
Jan 199919,29942,14510.381.90$280,397
Dec 199816,53328,7349.201.77$203,058
Nov 199814,06927,69510.892.19$213,745
Oct 199815,34233,10812.421.97$255,744
Sep 199814,17531,28012.592.08$243,608
Aug 199816,35630,98111.301.91$243,914
Jul 199817,18833,56011.742.24$276,870
Jun 199813,33532,76211.242.24$223,183
May 199816,15137,37812.622.21$286,294
Apr 199817,72334,68013.042.51$317,993
Mar 199817,03633,82212.802.31$296,171
Feb 199816,40330,65113.952.30$299,292
Jan 199820,32134,62514.702.15$373,328
Dec 199721,18138,16016.322.41$437,682
Nov 199723,77646,83718.193.09$577,130
Oct 199728,26753,45819.253.15$712,523
Sep 199734,05455,64517.742.95$768,542
Aug 199735,72551,91217.862.55$770,670
Jul 199738,740017.582.25$681,049
Jun 199719,954017.242.26$344,007
May 199713,43214,54018.972.31$288,371
Apr 19978,23010,00517.882.08$167,991
Mar 19974,3206,93418.951.94$95,310
Feb 19974,4527,47220.492.21$107,704
Jan 19971,9513,00423.483.54$56,443
Dec 19962,1903,42523.32$51,071
Nov 19962,0273,30221.97$44,533
Oct 19962,3534,66323.31$54,848
Sep 19962,1914,79922.22$48,684
Aug 19961,9904,05520.26$40,317
Jul 19961,1341,85819.55$22,170
Jun 199630562018.73$5,713
May 199638298119.43$7,422
Apr 199626546521.51$5,700
Mar 199633024219.38$6,395
Feb 199643124416.98$7,318
Jan 199642152317.07$7,186
Dec 199527064117.19$4,641
Nov 199539059316.00$6,240
Oct 199552961115.43$8,162
Sep 199558546316.18$9,465
Aug 199553269015.92$8,469
Jul 19951,32958715.24$20,254
Jun 19951,20454716.41$19,758
May 19951,48798217.56$26,112
Apr 19951,5291,11817.73$27,109
Mar 199545320616.44$7,447

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 2026 — as filed, then multipliedworked
Oil                  924 bbl  × $106.41 =    $98,323
Casinghead gas     1,206 Mcf  × $  3.05 =     $3,673

────────────────────────────────────────────────────
Month total                                 $101,996

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/34447 is the state's own key, not one this site invented.