CLS WALTON
Operated by TEAM OPERATING, L.L.C. (P-5 840878) in the KERMIT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.
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 177 leases and 1,256 wells, and the rule below applies to all of them.
A drilling unit in this field needs at least 10 acres. The field rule took effect on 1937-02-20.
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 | 2,398,357 bbl | $158,346,239 |
| Casinghead gas | Production | 3,134,022 Mcf | $10,297,938 |
| Total | $168,644,177 | ||
Wells on this lease (96)
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 31.9313, -103.1434. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.9 miles.
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.
What the state filed about each well
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
Total depth in feet, 94 of 96 wells. Median 3,570 ft, with the middle half between 3,498 and 3,620 ft; the shallowest is 2,800 ft and the deepest 8,241 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
Last completion by decade, 90 of 96 wells, Feb 1961 – Jan 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.
Last completion to plug: a median of 31.1 years across the 2 wells that filed both dates, with the middle half between 15.8 years and 46.5 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.
96 wells
| 42-49502946 | 47 | 2,800 ft | — | Mar 2020 | Yes |
| 42-49503078 | 181 | 2,945 ft | — | Mar 2019 | Yes |
| 42-49503085 | 188 | 2,800 ft | — | Dec 2022 | Yes |
| 42-49503125 | 228 | 3,300 ft | — | Apr 2021 | Yes |
| 42-49502977 | 97 | — | — | — | — |
| 42-49503166 | 4 | — | — | — | — |
| 42-49503064 | 167 | 2,935 ft | Jan 2025 | — | — |
| 42-49503149 | 18 | 2,935 ft | Dec 2024 | — | — |
| 42-49534708 | 1001NE | 3,460 ft | Sep 2024 | — | — |
| 42-49534977 | 1436SW | 3,503 ft | Sep 2024 | — | — |
| 42-49534976 | 0601NW | 3,500 ft | Sep 2024 | — | — |
| 42-49502935 | 36 | 2,970 ft | Aug 2024 | — | — |
| 42-49534711 | 1636SW | 3,442 ft | Jun 2024 | — | — |
| 42-49533800 | I101SW | 3,499 ft | Jun 2024 | — | — |
| 42-49534561 | 1419SW | 3,600 ft | Jun 2024 | — | — |
| 42-49503132 | 240 | 3,450 ft | May 2024 | — | — |
| 42-49533745 | 1019NW | 3,536 ft | Apr 2024 | — | — |
| 42-49533911 | I136NW | 3,498 ft | Mar 2024 | — | — |
| 42-49533827 | 1119NE | 3,555 ft | Mar 2024 | — | — |
| 42-49534709 | 0736SW | 3,443 ft | Mar 2024 | — | — |
| 42-49534552 | 1119SE | 3,428 ft | Jul 2023 | — | — |
| 42-49534195 | 0901NE | 3,660 ft | Dec 2022 | — | — |
| 42-49534721 | 1001NW | 3,543 ft | Dec 2022 | — | — |
| 42-49534705 | 0201NE | 3,451 ft | Nov 2022 | — | — |
| 42-49534720 | 1201NW | 3,525 ft | Nov 2022 | — | — |
| 42-49534717 | 1501NE | 3,575 ft | Nov 2022 | — | — |
| 42-49534715 | 1401NE | 3,570 ft | Nov 2022 | — | — |
| 42-49534718 | 0201NW | 3,570 ft | Oct 2022 | — | — |
| 42-49534719 | 0101NW | 3,567 ft | Sep 2022 | — | — |
| 42-49534713 | 0219SE | 3,349 ft | Aug 2022 | — | — |
| 42-49534714 | 1136SE | 3,456 ft | Aug 2022 | — | — |
| 42-49534722 | 1536NW | 3,577 ft | Jul 2022 | — | — |
| 42-49534723 | 1136SW | 3,503 ft | Jul 2022 | — | — |
| 42-49534225 | 0936NW | 3,681 ft | Jun 2022 | — | — |
| 42-49533902 | 0519SE | 3,586 ft | Dec 2021 | — | — |
| 42-49503054 | 156W | 2,931 ft | Dec 2021 | Apr 2022 | Yes |
| 42-49503084 | 0719SW | 3,632 ft | Sep 2021 | Feb 1971 | — |
| 42-49534569 | 1136NE | 3,581 ft | Apr 2021 | — | — |
| 42-49534226 | 0236NW | 3,670 ft | Apr 2021 | — | — |
| 42-49534575 | 1019SW | 3,430 ft | Apr 2021 | — | — |
| 42-49533748 | 0636NE | 3,545 ft | Mar 2021 | — | — |
| 42-49533825 | 1436NE | 3,667 ft | Mar 2021 | — | — |
| 42-49533747 | 0119SW | 3,580 ft | Feb 2021 | — | — |
| 42-49534298 | 1619SW | 3,643 ft | Jan 2020 | — | — |
| 42-49534295 | 0516NW | 3,540 ft | Apr 2019 | — | — |
| 42-49534296 | 1216NW | 3,535 ft | Apr 2019 | — | — |
| 42-49534285 | 1219NE | 3,572 ft | Apr 2019 | — | — |
| 42-49533899 | 0819NW | 3,619 ft | Apr 2019 | — | — |
| 42-49533831 | 0419NE | 3,605 ft | Mar 2019 | — | — |
| 42-49534271 | 1519NE | 3,525 ft | Mar 2019 | — | — |
| 42-49534118 | 0736NW | 3,665 ft | Mar 2019 | — | — |
| 42-49534120 | 0701SE | 3,667 ft | Mar 2019 | — | — |
| 42-49533834 | 1536NE | 3,617 ft | Feb 2019 | — | — |
| 42-49533815 | 1036SE | 3,627 ft | Feb 2019 | — | — |
| 42-49533833 | 1519NW | 3,640 ft | Feb 2019 | — | — |
| 42-49534260 | 0836NE | 3,585 ft | Jan 2019 | — | — |
| 42-49534253 | 0136NW | 3,634 ft | Dec 2018 | — | — |
| 42-49534252 | 0236NE | 3,565 ft | Dec 2018 | — | — |
| 42-49533901 | 1619NW | 3,612 ft | Dec 2018 | — | — |
| 42-49534245 | 0719NE | 3,562 ft | Dec 2018 | — | — |
| 42-49534224 | 0316NW | 3,615 ft | Nov 2018 | — | — |
| 42-49533817 | 1636NW | 3,698 ft | Oct 2018 | — | — |
| 42-49534206 | 1019SE | 3,560 ft | Oct 2018 | — | — |
| 42-49534205 | 1236SE | 3,680 ft | Oct 2018 | — | — |
| 42-49534180 | 0415NW | 3,610 ft | Sep 2018 | — | — |
| 42-49534078 | 0836NW | 3,650 ft | Sep 2018 | — | — |
| 42-49533816 | 0519NE | 3,577 ft | Aug 2018 | — | — |
| 42-49534140 | 1619NE | 3,565 ft | Jul 2018 | — | — |
| 42-49534144 | 1319NE | 3,555 ft | Jul 2018 | — | — |
| 42-49534093 | 0206SW | 3,612 ft | Jul 2018 | — | — |
| 42-49534089 | 1306NW | 3,670 ft | Jun 2018 | — | — |
| 42-49534116 | 0636NW | 3,680 ft | Jun 2018 | — | — |
| 42-49530064 | 304W | 8,241 ft | Jun 2018 | — | — |
| 42-49534088 | 0419NW | 3,700 ft | May 2018 | — | — |
| 42-49534090 | 1036SW | 3,684 ft | May 2018 | — | — |
| 42-49534087 | 0801SW | 3,710 ft | May 2018 | — | — |
| 42-49534085 | 0401NE | 3,674 ft | May 2018 | — | — |
| 42-49534057 | 1419NW | 3,620 ft | Apr 2018 | — | — |
| 42-49533900 | 1036NE | 3,620 ft | Apr 2018 | — | — |
| 42-49534036 | 0206NW | 3,561 ft | Apr 2018 | — | — |
| 42-49533959 | 0619SW | 3,530 ft | Mar 2018 | — | — |
| 42-49533962 | 0436SE | 3,613 ft | Mar 2018 | — | — |
| 42-49533910 | I236NW | 3,498 ft | Jan 2018 | — | — |
| 42-49533995 | 0701NE | 3,641 ft | Jan 2018 | — | — |
| 42-49533961 | 1601NE | 3,612 ft | Dec 2017 | — | — |
| 42-49533818 | 0919SW | 3,450 ft | Dec 2017 | — | — |
| 42-49533904 | 1519SW | 3,616 ft | Dec 2017 | — | — |
| 42-49533826 | 0319NE | 3,535 ft | Sep 2017 | — | — |
| 42-49533802 | I201SW | 3,586 ft | Aug 2017 | — | — |
| 42-49533839 | 0401NW | 3,772 ft | Jun 2017 | — | — |
| 42-49533824 | 1636SE | 3,495 ft | May 2017 | — | — |
| 42-49533749 | 0236SE | 3,595 ft | Dec 2016 | — | — |
| 42-49533744 | 0219NW | 3,424 ft | Nov 2016 | — | — |
| 42-49533743 | 1419SE | 3,376 ft | Oct 2016 | — | — |
| 42-49503042 | 144 | 2,965 ft | Jun 1988 | — | — |
| 42-49503174 | 12 | 3,040 ft | Feb 1961 | Dec 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.
Leases whose centres are nearest (450)
Ranked by the distance between lease centres, within 5 miles. A lease has no coordinate the state files — each centre is the mean of that lease's own wells, so this measures how far apart two centres are and not whether the two leases touch.
| Lease | Operator | Centres apart |
|---|---|---|
| WALTON, J. B. | FORMENTERA OPERATIONS LLC | 0.43 mi |
| WALTON, J. B. | FORMENTERA OPERATIONS LLC | 0.60 mi |
| WALTON, J. B. | FORMENTERA OPERATIONS LLC | 0.64 mi |
| WALTON, J. B. | CIMAREX ENERGY CO. OF COLORADO | 0.65 mi |
| WALTON, J. B. | CIMAREX ENERGY CO. OF COLORADO | 0.67 mi |
| WALTON, J. B. | FORMENTERA OPERATIONS LLC | 0.78 mi |
| WALTON, J. B. | FORMENTERA OPERATIONS LLC | 0.81 mi |
| DAUGHERTY, LUM | TEAM OPERATING, L.L.C. | 0.85 mi |
| WALTON, J.B. AC/2 | FORMENTERA OPERATIONS LLC | 0.86 mi |
| DAUGHERTY, L. -A- | TEAM OPERATING, L.L.C. | 0.86 mi |
The 10 nearest are listed. 450 leases in all have a centre within 5 miles of this one.
Operators who reported on those leases
Taken from the same 5-mile set above. This is who filed production, not who holds acreage — the state publishes no acreage register.
- FORMENTERA OPERATIONS LLC 59 leases, nearest 0.43 mi
- CIMAREX ENERGY CO. OF COLORADO 8 leases, nearest 0.65 mi
- TEAM OPERATING, L.L.C. 8 leases, nearest 0.85 mi
- JUNO OPERATING COMPANY III, LLC 1 lease, nearest 1.12 mi
- T&D OIL 4 leases, nearest 1.18 mi
- SADDLEBACK EXPLORATION, LLC 4 leases, nearest 1.34 mi
Every month this lease reported (116)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
116 months
| May 2026 | 17,626 | 8,473 | 106.41 | 3.05 | $1,901,390 |
| Apr 2026 | 18,691 | 16,112 | 98.93 | 2.87 | $1,895,338 |
| Mar 2026 | 18,854 | 13,868 | 89.75 | 3.15 | $1,735,823 |
| Feb 2026 | 17,931 | 2,106 | 63.50 | 3.75 | $1,146,517 |
| Jan 2026 | 19,553 | 8,703 | 59.13 | 8.00 | $1,225,775 |
| Dec 2025 | 18,000 | 13,307 | 56.66 | 4.41 | $1,078,609 |
| Nov 2025 | 18,621 | 11,100 | 58.59 | 3.93 | $1,134,588 |
| Oct 2025 | 18,430 | 209 | 59.38 | 3.30 | $1,095,064 |
| Sep 2025 | 18,653 | 1,094 | 62.74 | 3.08 | $1,173,655 |
| Aug 2025 | 20,363 | 3,238 | 63.93 | 3.01 | $1,311,568 |
| Jul 2025 | 19,362 | 19,543 | 66.74 | 3.32 | $1,357,009 |
| Jun 2025 | 20,036 | 22,368 | 66.48 | 3.13 | $1,401,976 |
| May 2025 | 21,573 | 23,981 | 60.55 | 3.23 | $1,383,759 |
| Apr 2025 | 22,282 | 0 | 62.36 | 3.54 | $1,389,506 |
| Mar 2025 | 26,742 | 0 | 67.70 | 4.27 | $1,810,433 |
| Feb 2025 | 21,199 | 0 | 70.88 | 4.34 | $1,502,585 |
| Jan 2025 | 19,789 | 11,913 | 74.32 | 4.28 | $1,521,690 |
| Dec 2024 | 22,949 | 0 | 68.99 | 3.12 | $1,583,252 |
| Nov 2024 | 16,691 | 0 | 69.05 | 2.20 | $1,152,514 |
| Oct 2024 | 21,280 | 0 | 71.37 | 2.28 | $1,518,754 |
| Sep 2024 | 19,725 | 0 | 69.61 | 2.36 | $1,373,057 |
| Aug 2024 | 19,737 | 0 | 75.63 | 2.06 | $1,492,709 |
| Jul 2024 | 21,651 | 10,119 | 79.93 | 2.15 | $1,752,286 |
| Jun 2024 | 19,542 | 9,413 | 78.08 | 2.63 | $1,550,633 |
| May 2024 | 20,996 | 1,330 | 78.81 | 2.20 | $1,657,619 |
| Apr 2024 | 21,127 | 3,958 | 84.45 | 1.66 | $1,790,742 |
| Mar 2024 | 20,385 | 9,388 | 80.30 | 1.55 | $1,651,421 |
| Feb 2024 | 21,091 | 14,079 | 76.09 | 1.78 | $1,629,926 |
| Jan 2024 | 22,531 | 15,206 | 73.02 | 3.30 | $1,695,358 |
| Dec 2023 | 19,806 | 15,716 | 71.26 | 2.61 | $1,452,406 |
| Nov 2023 | 21,567 | 0 | 77.89 | 2.81 | $1,679,854 |
| Oct 2023 | 22,479 | 11,098 | 85.44 | 3.09 | $1,954,868 |
| Sep 2023 | 20,431 | 29,703 | 89.04 | 2.74 | $1,900,415 |
| Aug 2023 | 19,337 | 30,401 | 80.52 | 2.67 | $1,638,273 |
| Jul 2023 | 22,568 | 5,136 | 74.85 | 2.64 | $1,702,783 |
| Jun 2023 | 21,794 | 8,364 | 68.96 | 2.26 | $1,521,804 |
| May 2023 | 21,060 | 29,686 | 70.62 | 2.23 | $1,553,380 |
| Apr 2023 | 18,811 | 33,045 | 78.12 | 2.24 | $1,543,462 |
| Mar 2023 | 21,170 | 31,890 | 72.85 | 2.39 | $1,618,552 |
| Feb 2023 | 17,088 | 27,087 | 75.11 | 2.47 | $1,350,268 |
| Jan 2023 | 21,740 | 17,919 | 76.53 | 3.39 | $1,724,467 |
| Dec 2022 | 23,001 | 23,899 | 76.41 | 5.73 | $1,894,426 |
| Nov 2022 | 20,265 | 4,721 | 85.00 | 5.65 | $1,749,181 |
| Oct 2022 | 22,732 | 35,140 | 87.18 | 5.86 | $2,187,828 |
| Sep 2022 | 21,642 | 219 | 84.88 | 8.16 | $1,838,761 |
| Aug 2022 | 21,241 | 39,340 | 94.52 | 9.13 | $2,366,762 |
| Jul 2022 | 22,878 | 30,761 | 101.58 | 7.54 | $2,555,949 |
| Jun 2022 | 20,459 | 23,912 | 115.09 | 7.98 | $2,545,377 |
| May 2022 | 22,274 | 28,520 | 109.37 | 8.43 | $2,676,618 |
| Apr 2022 | 21,531 | 17,211 | 104.22 | 6.84 | $2,361,643 |
| Mar 2022 | 25,248 | 17,960 | 108.88 | 5.08 | $2,840,174 |
| Feb 2022 | 18,567 | 19,854 | 91.05 | 4.86 | $1,786,993 |
| Jan 2022 | 21,665 | 8,226 | 81.84 | 4.54 | $1,810,391 |
| Dec 2021 | 21,017 | 27,695 | 71.32 | 3.90 | $1,606,919 |
| Nov 2021 | 17,628 | 30,089 | 77.43 | 5.24 | $1,522,508 |
| Oct 2021 | 16,126 | 28,646 | 79.79 | 5.71 | $1,450,373 |
| Sep 2021 | 14,538 | 14,910 | 69.86 | 5.35 | $1,095,407 |
| Aug 2021 | 13,020 | 20,335 | 66.02 | 4.22 | $945,406 |
| Jul 2021 | 10,320 | 18,379 | 70.78 | 3.98 | $803,636 |
| Jun 2021 | 10,976 | 21,515 | 69.49 | 3.38 | $835,456 |
| May 2021 | 11,614 | 14,357 | 63.48 | 3.02 | $780,581 |
| Apr 2021 | 9,178 | 21,030 | 60.36 | 2.76 | $611,994 |
| Mar 2021 | 11,275 | 10,988 | 61.30 | 2.72 | $721,011 |
| Feb 2021 | 7,392 | 12,986 | 57.80 | 5.55 | $499,303 |
| Jan 2021 | 10,535 | 21,081 | 50.41 | 2.81 | $590,313 |
| Dec 2020 | 13,735 | 25,037 | 44.64 | 2.68 | $680,116 |
| Nov 2020 | 10,812 | 5,916 | 38.77 | 2.71 | $435,193 |
| Oct 2020 | 8,738 | 19,755 | 36.97 | 2.48 | $372,005 |
| Sep 2020 | 10,641 | 22,739 | 37.09 | 1.99 | $439,949 |
| Aug 2020 | 15,429 | 27,378 | 39.98 | 2.39 | $682,151 |
| Jul 2020 | 22,467 | 36,993 | 38.37 | 1.83 | $929,575 |
| Jun 2020 | 3,327 | 8,589 | 34.90 | 1.69 | $130,630 |
| May 2020 | 5,023 | 33,236 | 16.92 | 1.81 | $145,304 |
| Apr 2020 | 11,401 | 44,194 | 14.75 | 1.80 | $247,908 |
| Mar 2020 | 14,788 | 44,491 | 30.34 | 1.86 | $531,253 |
| Feb 2020 | 13,280 | 40,999 | 49.88 | 1.98 | $743,612 |
| Jan 2020 | 14,578 | 53,790 | 57.25 | 2.09 | $947,267 |
| Dec 2019 | 18,266 | 67,111 | 59.01 | 2.30 | $1,232,525 |
| Nov 2019 | 20,527 | 69,571 | 55.30 | 2.75 | $1,326,512 |
| Oct 2019 | 25,074 | 57,780 | 53.47 | 2.42 | $1,480,450 |
| Sep 2019 | 27,511 | 72,442 | 55.05 | 2.66 | $1,706,979 |
| Aug 2019 | 34,079 | 70,961 | 53.11 | 2.30 | $1,973,455 |
| Jul 2019 | 37,091 | 50,992 | 56.27 | 2.46 | $2,212,554 |
| Jun 2019 | 35,487 | 58,518 | 52.78 | 2.49 | $2,018,784 |
| May 2019 | 39,001 | 61,331 | 58.48 | 2.74 | $2,448,845 |
| Apr 2019 | 54,206 | 72,206 | 62.63 | 2.75 | $3,593,539 |
| Mar 2019 | 53,845 | 62,420 | 56.80 | 3.06 | $3,249,532 |
| Feb 2019 | 44,693 | 78,344 | 50.85 | 2.79 | $2,491,393 |
| Jan 2019 | 51,515 | 115,030 | 46.03 | 3.23 | $2,742,573 |
| Dec 2018 | 51,003 | 108,459 | 46.59 | 4.19 | $2,830,178 |
| Nov 2018 | 46,088 | 75,652 | 52.93 | 4.24 | $2,759,994 |
| Oct 2018 | 40,004 | 93,026 | 61.44 | 3.40 | $2,773,956 |
| Sep 2018 | 41,222 | 87,354 | 59.54 | 3.11 | $2,725,854 |
| Aug 2018 | 42,637 | 91,101 | 59.40 | 3.07 | $2,812,004 |
| Jul 2018 | 39,072 | 87,715 | 65.14 | 2.93 | $2,802,320 |
| Jun 2018 | 30,552 | 65,278 | 60.18 | 3.08 | $2,039,475 |
| May 2018 | 32,383 | 68,278 | 65.38 | 2.90 | $2,315,261 |
| Apr 2018 | 26,941 | 70,495 | 63.84 | 2.90 | $1,924,405 |
| Mar 2018 | 24,105 | 63,720 | 61.22 | 2.79 | $1,653,286 |
| Feb 2018 | 23,137 | 39,227 | 61.78 | 2.77 | $1,537,910 |
| Jan 2018 | 30,497 | 34,299 | 62.87 | 4.01 | $2,054,862 |
| Dec 2017 | 20,176 | 25,197 | 57.27 | 2.92 | $1,229,093 |
| Nov 2017 | 12,762 | 20,658 | 55.42 | 3.12 | $771,689 |
| Oct 2017 | 13,778 | 5,453 | 49.29 | 2.98 | $695,388 |
| Sep 2017 | 12,604 | 11,294 | 47.52 | 3.09 | $633,810 |
| Aug 2017 | 13,107 | 15,998 | 45.37 | 3.00 | $642,729 |
| Jul 2017 | 10,350 | 13,247 | 43.87 | 3.09 | $494,952 |
| Jun 2017 | 9,485 | 4,871 | 42.49 | 3.09 | $418,056 |
| May 2017 | 8,398 | 250 | 45.37 | 3.26 | $381,833 |
| Apr 2017 | 6,573 | 250 | 47.93 | 3.21 | $315,847 |
| Mar 2017 | 8,805 | 250 | 46.77 | 2.98 | $412,556 |
| Feb 2017 | 5,123 | 250 | 50.45 | 2.95 | $259,194 |
| Jan 2017 | 8,498 | 250 | 49.41 | 3.42 | $420,741 |
| Dec 2016 | 6,435 | 200 | 48.76 | 3.72 | $314,515 |
| Nov 2016 | 725 | 100 | 42.49 | 2.64 | $31,070 |
| Oct 2016 | 0 | 0 | 46.19 | 3.09 | $0 |
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.
Oil 17,626 bbl × $106.41 = $1,875,583 Casinghead gas 8,473 Mcf × $ 3.05 = $25,807 ──────────────────────────────────────────────────── Month total $1,901,390
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/48276 is the state's own key, not one this site invented.