MCDONALD UNIT

Operated by WALSH & WATTS, INC. (P-5 895060) in the WARD, SOUTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7223District 08Field 95138001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$22.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$242 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 206 leases and 1,363 wells, and the rule below applies to all of them.

Discovered
1938-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1982-11-01.

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: OP. 5 ACRE DIAG. 750

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA7none

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.

StreamBasisVolumeValue
OilDisposition468,990 bbl$21,928,939
Casinghead gasProduction112,579 Mcf$299,455
Total$22,228,394

44,123 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 (60)

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 31.3849, -102.9070. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles. 4 wells have no surveyed location and are left out of it.

31.38488, -102.90690 · centre of 56 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
66.7%
40 of 60 wells
With a plug date
46.7%
28 of 60 wells
Median depth
2,500 ft
50 wells filed one
Completion to plug
33.4 years
median over 17 wells

What the state filed about each well

On the RRC proration schedule
4066.7%
A plug date is filed
2846.7%
BothOn the schedule and plugged. Neither fact cancels the other.
2846.7%
NeitherNo plug date, and not on the schedule.
2033.3%

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, 50 of 60 wells. Median 2,500 ft, with the middle half between 2,458 and 2,992 ft; the shallowest is 960 ft and the deepest 3,350 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, 39 of 60 wells, Jun 1936 – Jan 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 1936 – Jan 2022
39 of 60 wells; 21 filed none
Plug dates filed
Jan 1975 – Oct 2021
28 of 60 wells; 32 filed none

Last completion to plug: a median of 33.4 years across the 17 wells that filed both dates, with the middle half between 16.3 years and 37.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

60 wells

42-47500024272,502 ftFeb 1975Yes
42-475003401W2,526 ftNov 1983Yes
42-47500894242,470 ftSep 1976Yes
42-47500944152,500 ftJun 1996Yes
42-47500955422,457 ftJan 1975Yes
42-47503133512,543 ftJan 1975Yes
42-475041793WYes
42-4750541910A2,470 ftApr 1986Yes
42-47580339122,102 ftApr 2021Yes
42-4758034316WYes
42-4758034618WYes
42-47580349202,700 ftMay 2021Yes
42-47580351222,102 ftApr 2021Yes
42-4758036235Yes
42-4758036437Yes
42-475822921D960 ftJun 1996Yes
42-4750092850
42-475803332B2,897 ft
42-4758034014
42-4758035530A
42-4758036946A
42-4758036537 W2,390 ftJan 2022
42-47500953412,460 ftMay 2009
42-4753535113B3,200 ftSep 2008
42-4753535014B3,200 ftJul 2008
42-4750079562,519 ftJul 2003Apr 2021Yes
42-4758033442,496 ftJul 2003Apr 2021Yes
42-475100274A3,023 ftMay 2001Oct 2021Yes
42-47501059252,488 ftMay 2001
42-475322818B3,200 ftJan 1997
42-47580375552,450 ftMar 1988
42-47500791562,380 ftFeb 1988Yes
42-47580350212,380 ftMar 1986Apr 2021Yes
42-4753368611B3,307 ftDec 1985
42-4753369012B3,350 ftDec 1985Jun 2021Yes
42-47503135442,410 ftAug 1985Feb 1986Yes
42-4753352110B3,308 ftDec 1984
42-4751128626A2,489 ftMay 1984
42-47500929492,431 ftApr 1984Yes
42-4758036335 W2,502 ftOct 1983Sep 2021Yes
42-47580359332,467 ftOct 1983Yes
42-47501026192,487 ftOct 1983Oct 2021Yes
42-47500954472,700 ftSep 1983May 2021Yes
42-47500946162,500 ftAug 1983Aug 1985Yes
42-4750418172,410 ftAug 1983Jan 1986Yes
42-4750042038A2,420 ftAug 1983Apr 2021Yes
42-4750095648Jul 1983Yes
42-475308773B3,131 ftJul 1983
42-47500794132,450 ftJun 1983May 2021Yes
42-47500893182,535 ftJun 1983Oct 1999Yes
42-47500950342,480 ftJun 1983Apr 2021Yes
42-47500952322,469 ftJun 1983Sep 1988Yes
42-475322829B3,200 ftJun 1982Nov 2015Yes
42-475322807B3,192 ftNov 1981Yes
42-475321596B3,200 ftMar 1981
42-475308785B3,200 ftOct 1976
42-475107191B3,089 ftJun 1968
42-47504175112,510 ftMay 1952Yes
42-4751128523A2,470 ftFeb 1952
42-47505187172,555 ftJun 1936Yes

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 (401)

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

401 months

May 20261810106.413.05$19,260
Apr 2026179098.932.87$17,708
Mar 2026372089.753.15$33,387
Feb 2026376063.503.75$23,876
Jan 2026185059.138.00$10,939
Dec 2025371056.664.41$21,021
Nov 2025186058.593.93$10,898
Oct 2025367059.383.30$21,792
Sep 2025179062.743.08$11,230
Aug 2025367063.933.01$23,462
Jul 2025375066.743.32$25,028
Jun 2025357066.483.13$23,733
May 2025555060.553.23$33,605
Apr 2025355062.363.54$22,138
Mar 2025331067.704.27$22,409
Feb 2025627070.884.34$44,442
Jan 2025559074.324.28$41,545
Dec 2024362068.993.12$24,974
Nov 2024360069.052.20$24,858
Oct 2024549071.372.28$39,182
Sep 2024536069.612.36$37,311
Aug 2024543075.632.06$41,067
Jul 2024367079.932.15$29,334
Jun 2024546078.082.63$42,632
May 2024613078.812.20$48,311
Apr 2024535084.451.66$45,181
Mar 2024595080.301.55$47,779
Feb 2024705076.091.78$53,643
Jan 2024660073.023.30$48,193
Dec 2023526071.262.61$37,483
Nov 2023706077.892.81$54,990
Oct 2023534085.443.09$45,625
Sep 2023341089.042.74$30,363
Aug 2023684080.522.67$55,076
Jul 2023519074.852.64$38,847
Jun 2023669068.962.26$46,134
May 2023653070.622.23$46,115
Apr 2023509078.122.24$39,763
Mar 2023865072.852.39$63,015
Feb 2023509075.112.47$38,231
Jan 2023501076.533.39$38,342
Dec 2022873076.415.73$66,706
Nov 2022518085.005.65$44,030
Oct 2022693087.185.86$60,416
Sep 2022851084.888.16$72,233
Aug 2022679094.529.13$64,179
Jul 20228870101.587.54$90,101
Jun 20227950115.097.98$91,497
May 20226740109.378.43$73,715
Apr 20221,0080104.226.84$105,054
Mar 20221,0440108.885.08$113,671
Feb 2022360091.054.86$32,778
Jan 20221,196081.844.54$97,881
Dec 2021860071.323.90$61,335
Nov 2021848077.435.24$65,661
Oct 2021670079.795.71$53,459
Sep 20210069.865.35$0
Aug 20211,047066.024.22$69,123
Jul 2021354070.783.98$25,056
Jun 2021732069.493.38$50,867
May 20211,021063.483.02$64,813
Apr 2021684060.362.76$41,286
Mar 2021679061.302.72$41,623
Feb 2021685057.805.55$39,593
Jan 20211,022050.412.81$51,519
Dec 2020688044.642.68$30,712
Nov 2020836038.772.71$32,412
Oct 20201,020036.972.48$37,709
Sep 2020681037.091.99$25,258
Aug 2020832039.982.39$33,263
Jul 2020891038.371.83$34,188
Jun 2020834034.901.69$29,107
May 20201,021016.921.81$17,275
Apr 2020823014.751.80$12,139
Mar 20201,018030.341.86$30,886
Feb 2020742049.881.98$37,011
Jan 20201,040057.252.09$59,540
Dec 20191,210059.012.30$71,402
Nov 2019849055.302.75$46,950
Oct 20191,229053.472.42$65,715
Sep 2019697055.052.66$38,370
Aug 2019860053.112.30$45,675
Jul 20191,025056.272.46$57,677
Jun 2019895052.782.49$47,238
May 2019855058.482.74$50,000
Apr 2019871062.632.75$54,551
Mar 20191,222056.803.06$69,410
Feb 2019681050.852.79$34,629
Jan 20191,035046.033.23$47,641
Dec 20181,011046.594.19$47,102
Nov 2018823052.934.24$43,561
Oct 20181,005061.443.40$61,747
Sep 20181,017059.543.11$60,552
Aug 2018872059.403.07$51,797
Jul 20181,056065.142.93$68,788
Jun 2018890060.183.08$53,560
May 20181,184065.382.90$77,410
Apr 2018707063.842.90$45,135
Mar 20181,253061.222.79$76,709
Feb 20181,100061.782.77$67,958
Jan 20181,075062.874.01$67,585
Dec 20171,083057.272.92$62,023
Nov 2017892055.423.12$49,435
Oct 20171,269049.292.98$62,549
Sep 20171,227047.523.09$58,307
Aug 2017853045.373.00$38,701
Jul 20171,063043.873.09$46,634
Jun 20171,437042.493.09$61,058
May 2017743045.373.26$33,710
Apr 20171,073047.933.21$51,429
Mar 20171,390046.772.98$65,010
Feb 2017889050.452.95$44,850
Jan 20171,061049.413.42$52,424
Dec 20161,259048.763.72$61,389
Nov 2016930042.492.64$39,516
Oct 20161,219046.193.09$56,306
Sep 2016903041.553.10$37,520
Aug 20161,034041.442.92$42,849
Jul 20161,076041.622.92$44,783
Jun 20161,06212945.352.69$48,508
May 20161,0429242.521.99$44,489
Apr 20161,01812636.561.99$37,469
Mar 20161,2188433.011.79$40,357
Feb 20161,07220026.472.06$28,789
Jan 20161,58620127.352.36$43,852
Dec 201555714032.362.00$18,305
Nov 201588521138.792.17$34,786
Oct 20151,17325043.552.43$51,691
Sep 20151,33131742.992.76$58,094
Aug 201585027940.162.87$34,937
Jul 20151,35427748.152.95$66,011
Jun 20151,02024356.152.88$57,974
May 20151,58623455.212.96$88,255
Apr 201589520849.822.71$45,152
Mar 201576921442.892.93$33,610
Feb 20151,11919744.662.98$50,561
Jan 20151,63218243.433.10$71,442
Dec 201470519854.693.59$39,268
Nov 20141,21922270.464.25$86,835
Oct 20141,22823978.303.90$97,085
Sep 201489110786.164.05$77,201
Aug 20141,0766189.394.04$96,430
Jul 20141,0885596.564.18$105,287
Jun 20141,1054098.164.74$108,656
May 20149239194.734.73$87,866
Apr 20141,10313195.944.81$106,452
Mar 20141,3606195.895.06$130,719
Feb 20149688197.406.19$94,785
Jan 20141,1292990.404.86$102,203
Dec 20132,0712891.824.35$190,281
Nov 20138895188.853.74$79,178
Oct 20138885897.423.78$86,728
Sep 2013883118104.113.72$92,368
Aug 20131,76141104.253.52$183,729
Jul 201388343102.523.72$90,685
Jun 201389212894.403.93$84,708
May 201388710694.834.15$84,554
Apr 20131,7738993.964.28$166,972
Mar 201390611093.623.91$85,250
Feb 201388811891.233.42$81,416
Jan 20131,8056491.603.42$165,557
Dec 201290111286.773.42$78,563
Nov 201289311186.953.62$78,049
Oct 20121,7697689.383.40$158,372
Sep 201287415094.672.92$83,179
Aug 201288219592.662.91$82,293
Jul 201286416385.133.02$74,045
Jun 20121,7673379.822.52$141,125
May 20128827591.612.49$80,987
Apr 2012880100101.652.00$89,652
Mar 20121,777100105.052.22$186,896
Feb 2012901103101.102.57$91,356
Jan 201290419098.092.73$89,193
Dec 201189113096.873.24$86,732
Nov 20111,77822995.723.31$170,948
Oct 201187822084.983.65$75,415
Sep 201189019783.623.99$75,207
Aug 201189017483.404.15$74,948
Jul 201188117094.144.52$83,705
Jun 20118835692.904.64$82,291
May 20111,7765398.134.40$174,512
Apr 2011872184105.964.33$93,194
Mar 201188219296.364.06$85,769
Feb 20111,77413585.644.18$152,490
Jan 201190020486.504.59$78,786
Dec 201090714085.734.35$78,366
Nov 201087526080.843.80$71,722
Oct 20101,75220478.103.51$137,547
Sep 201085323872.633.98$62,901
Aug 20101,76722073.684.42$131,165
Jul 201087925472.554.74$64,975
Jun 201085722370.364.91$61,394
May 201089725571.124.24$64,875
Apr 20101,71828781.694.12$141,527
Mar 201090618078.394.39$71,811
Feb 201088524873.585.44$66,468
Jan 20101,81118874.365.96$135,787
Dec 200991434071.445.48$67,161
Nov 20091,80838074.593.75$136,284
Oct 200987942072.544.11$65,489
Sep 20091,75621865.543.06$115,756
Aug 200990225867.423.22$61,643
Jul 20091,74544761.133.46$108,220
Jun 200990134266.163.90$60,942
May 200989042954.743.93$50,403
Apr 20091,78638046.773.59$84,894
Mar 20091,80935442.144.06$77,668
Feb 200989428032.814.63$30,629
Jan 20091,77628635.865.37$65,223
Dec 20081,81031037.105.98$69,004
Nov 20081,80921055.496.86$101,822
Oct 200890319675.246.92$69,298
Sep 20081,806399101.767.88$186,922
Aug 20081,775220114.228.48$204,607
Jul 20081,581138131.0811.39$208,809
Jun 2008886116131.3313.03$117,870
May 2008899232123.1711.57$113,415
Apr 20081,789263110.3110.45$200,094
Mar 2008880168101.909.66$91,296
Feb 200889416492.538.77$84,160
Jan 200889326190.388.21$82,851
Dec 200790724888.337.30$81,926
Nov 20071,79920391.677.29$166,395
Oct 200789628982.856.92$76,234
Sep 200789039775.846.24$69,977
Aug 20071,77638469.066.39$125,104
Jul 200783120970.906.39$60,253
Jun 200789320962.007.55$56,944
May 200787827358.747.85$53,716
Apr 20071,79128959.617.81$109,017
Mar 200791425856.927.30$53,909
Feb 20078823055.108.22$48,845
Jan 2007886050.306.73$44,566
Dec 20061,821156.656.92$103,167
Nov 200687820054.207.62$49,111
Oct 200689412154.906.01$49,808
Sep 200688310060.085.04$53,554
Aug 20061,78018468.717.34$123,654
Jul 200688310069.376.34$61,888
Jun 20061,7702466.286.38$117,469
May 20068708366.016.42$57,962
Apr 20068815064.397.36$57,096
Mar 20061,79829056.707.08$104,001
Feb 200686527557.597.75$51,947
Jan 200683825060.598.93$53,008
Dec 20052,20130054.9413.42$124,948
Nov 200550031554.6910.59$30,680
Oct 20051,80530158.3413.80$109,456
Sep 200588625261.4512.08$57,489
Aug 20051,77627561.519.80$111,936
Jul 200589421555.697.84$51,473
Jun 20051,77625052.337.38$94,783
May 200589830245.226.65$42,616
Apr 200589331049.207.36$46,217
Mar 20051,74528750.377.15$89,949
Feb 200584325045.226.31$39,698
Jan 200590227543.166.32$40,669
Dec 20041,82826039.866.75$74,619
Nov 200490524045.286.33$42,498
Oct 20041,78535549.706.52$91,027
Sep 200489837543.245.28$40,811
Aug 200488230042.375.55$39,036
Jul 20041,65730038.286.08$65,255
Jun 200486836636.106.43$33,689
May 20041,64441837.486.49$64,332
Apr 200490635034.475.86$33,280
Mar 20041,77644534.365.53$63,484
Feb 200491444332.455.51$32,100
Jan 200489647832.036.30$31,710
Dec 20031,79453530.266.30$57,658
Nov 200388640028.804.60$27,355
Oct 20031,77228128.174.76$51,255
Sep 200389332526.314.75$25,038
Aug 200389235529.765.13$28,367
Jul 20031,74730029.415.17$52,931
Jun 200388435128.565.98$27,347
May 20031,72438326.595.97$48,129
Apr 200390133426.675.41$25,836
Mar 200391735831.146.10$30,738
Feb 20031,82131033.487.93$63,424
Jan 200387822830.315.58$27,885
Dec 200289425026.914.85$25,271
Nov 20021,80323024.664.14$45,413
Oct 200288627226.464.23$24,594
Sep 20021,74627627.443.64$48,914
Aug 200259830725.963.16$16,495
Jul 20021,72337524.583.06$43,500
Jun 200288335623.733.34$22,142
May 20021,72732724.663.58$43,760
Apr 200287735023.653.51$21,970
Mar 200288529922.003.10$20,398
Feb 200290326018.222.38$17,070
Jan 20021,77833017.172.38$31,312
Dec 200187540016.932.36$15,760
Nov 200187341618.072.41$16,776
Oct 20011,74742519.782.53$35,630
Sep 200182945524.262.25$21,136
Aug 200187034624.873.05$22,693
Jul 20011,71544523.933.20$42,463
Jun 200189245024.563.82$23,628
May 200187646025.524.31$24,337
Apr 200187848524.685.34$24,257
Mar 20011,77949324.545.38$46,307
Feb 200189236527.755.77$26,858
Jan 200188245227.478.40$28,025
Dec 20001,73547126.889.12$50,934
Nov 200089647632.215.66$31,553
Oct 20001,76748031.235.15$57,653
Sep 200087254531.875.19$30,617
Aug 200087451629.644.54$28,248
Jul 200086755028.534.09$26,985
Jun 20001,76352629.304.40$53,969
May 200089249527.263.68$26,137
Apr 200088054624.513.12$23,270
Mar 20001,79258928.422.86$52,613
Feb 200090755427.622.73$26,562
Jan 200090351625.272.48$24,099
Dec 19991,79147924.282.42$44,646
Nov 199987941423.192.43$21,392
Oct 19991,75643420.982.80$38,058
Sep 199989272221.752.62$21,292
Aug 19991,68252019.262.88$33,891
Jul 199988055217.892.37$17,053
Jun 199957032915.942.36$9,863
May 199989348715.792.32$15,231
Apr 199988046115.102.21$14,306
Mar 199989751812.471.84$12,138
Feb 19999084879.981.82$9,947
Jan 19991,79329010.381.90$19,162
Dec 19988864129.201.77$8,882
Nov 199890240710.892.19$10,712
Oct 19981,69054212.421.97$22,057
Sep 199889055712.592.08$12,365
Aug 19981,78845711.301.91$21,076
Jul 199883341611.742.24$10,710
Jun 19981,77952711.242.24$21,175
May 199888458612.622.21$12,449
Apr 19981,80630813.042.51$24,322
Mar 199889656912.802.31$12,783
Feb 199891850513.952.30$13,967
Jan 19981,78777714.702.15$27,943
Dec 19971,77854216.322.41$30,324
Nov 199790570518.193.09$18,639
Oct 199788573919.253.15$19,364
Sep 19971,71566217.742.95$32,380
Aug 19971,74864217.862.55$32,859
Jul 199788648917.582.25$16,675
Jun 19971,75841717.242.26$31,249
May 19971,74122518.972.31$33,546
Apr 199791033017.882.08$16,958
Mar 19971,80066018.951.94$35,390
Feb 19971,80159320.492.21$38,211
Jan 19971,82460623.483.54$44,973
Dec 199690373623.32$21,058
Nov 19961,80577021.97$39,656
Oct 19961,83081323.31$42,657
Sep 19961,80580622.22$40,107
Aug 19961,81583820.26$36,772
Jul 19961,79184019.55$35,014
Jun 19961,79984618.73$33,695
May 19961,81591419.43$35,265
Apr 19961,80886521.51$38,890
Mar 19961,83985219.38$35,640
Feb 19961,82881916.98$31,039
Jan 19962,73882717.07$46,738
Dec 19951,84786117.19$31,750
Nov 19951,79485816.00$28,704
Oct 19951,82187715.43$28,098
Sep 19952,75083416.18$44,495
Aug 19951,81385415.92$28,863
Jul 19951,81493315.24$27,645
Jun 19952,70488616.41$44,373
May 19951,78193417.56$31,274
Apr 19951,76292017.73$31,240
Mar 19952,68795016.44$44,174
Feb 19951,81373216.58$30,060
Jan 19951,82896915.92$29,102
Dec 19942,7441,10415.03$41,242
Nov 19941,8331,02415.90$29,145
Oct 19941,82288115.58$28,387
Sep 19941,81276915.29$27,705
Aug 19942,70287316.13$43,583
Jul 19941,80289317.56$31,643
Jun 19941,80694317.09$30,865
May 19941,81996215.88$28,886
Apr 19942,71992514.14$38,447
Mar 19941,6891,02112.46$21,045
Feb 19941,82898612.50$22,850
Jan 19941,83498312.66$23,218
Dec 19932,7501,03712.33$33,908
Nov 19931,80996614.49$26,212
Oct 19931,7841,03515.85$28,276
Sep 19932,7121,00915.03$40,761
Aug 19931,7821,06015.66$27,906
Jul 19931,7831,01715.46$27,565
Jun 19932,70899516.79$45,467
May 19931,7911,09017.68$31,665
Apr 19931,8321,06018.05$33,068
Mar 19932,7111,07718.14$49,178
Feb 19931,81596817.90$32,489
Jan 19932,72391116.93$46,100

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                  181 bbl  × $106.41 =    $19,260
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,260

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/7223 is the state's own key, not one this site invented.