GORDON, A. B.

Operated by CRESCENT ENERGY OPERATING, LLC (P-5 103575) 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 7233District 08Field 95138001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$24.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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

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
OilDisposition842,446 bbl$24,494,371
Casinghead gasProduction36,256 Mcf$41,063
Total$24,535,433

21,175 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 (75)

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 31.3931, -102.9202. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles. 1 well has no surveyed location and is left out of it.

31.39260, -102.91952 · centre of 74 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
64.0%
48 of 75 wells
With a plug date
61.3%
46 of 75 wells
Median depth
2,534 ft
71 wells filed one
Completion to plug
41.2 years
median over 23 wells

What the state filed about each well

On the RRC proration schedule
4864.0%
A plug date is filed
4661.3%
BothOn the schedule and plugged. Neither fact cancels the other.
4560.0%
NeitherNo plug date, and not on the schedule.
2634.7%

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, 71 of 75 wells. Median 2,534 ft, with the middle half between 2,515 and 3,025 ft; the shallowest is 2,102 ft and the deepest 8,755 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, 50 of 75 wells, May 1931 – Jun 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1931 – Jun 2025
50 of 75 wells; 25 filed none
Plug dates filed
Nov 1981 – Jan 2025
46 of 75 wells; 29 filed none

Last completion to plug: a median of 41.2 years across the 23 wells that filed both dates, with the middle half between 30.8 years and 57.2 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.

75 wells

42-47500687327W2,380 ftOct 1988Yes
42-475006943352,523 ftOct 1996Yes
42-475006953252,102 ftMay 2022Yes
42-475006983502,554 ftNov 1992Yes
42-475006993372,360 ftOct 1989Yes
42-475007013232,525 ftDec 2006Yes
42-475007053742,526 ftAug 1988Yes
42-47500706306W2,524 ftOct 1989Yes
42-47500707330W2,524 ftFeb 1993Yes
42-47500710357W2,525 ftJul 1993Yes
42-47500970348W2,534 ftMay 1990Yes
42-475044233702,360 ftFeb 1986Yes
42-47504426346W2,420 ftDec 1987Yes
42-47511262340W2,353 ftOct 1985Yes
42-475303813262,499 ftFeb 2020Yes
42-47580413310WMay 1992Yes
42-47580414311W2,537 ftAug 1992Yes
42-475804173172,102 ftApr 2022Yes
42-475804263312,102 ftMar 2022Yes
42-47580433338W2,495 ftAug 1992Yes
42-475804373432,525 ftJan 2016Yes
42-47580448355W2,487 ftMay 1993Yes
42-47580411303
42-47580424329
42-47580428333
42-475334293863,080 ftJun 2025
42-4753342630853,100 ftMar 2025
42-4753370630833,098 ftFeb 2024Apr 2024Yes
42-4753401430933,025 ftFeb 2024
42-4753401230953,025 ftMay 2014Mar 2022Yes
42-475007133012,532 ftOct 2012
42-4753362230903,010 ftAug 2011Jun 2022Yes
42-475330443823,000 ftMar 2011
42-4753405730993,025 ftOct 2008
42-4753190130782,933 ftMay 2006Yes
42-475007003412,950 ftJan 1998
42-475007163522,961 ftJan 1997
42-475107342 P8,755 ftJul 1994Jan 2025Yes
42-4753362330893,020 ftMay 1994
42-4753405931023,025 ftMay 1991
42-4753405831003,025 ftMay 1991
42-4753405631013,025 ftMay 1991
42-4753406030963,020 ftFeb 1991
42-4753406230973,025 ftFeb 1991
42-4753406130983,025 ftFeb 1991
42-4753401130943,025 ftAug 1990
42-4753401330913,025 ftAug 1990Feb 2024Yes
42-4753401530923,030 ftAug 1990Jul 2021Yes
42-475319023772,600 ftApr 1989Oct 2017Yes
42-47500971328AW2,513 ftApr 1988
42-4753370030843,070 ftJan 1986
42-4753356830883,000 ftMar 1985
42-4753356730873,050 ftFeb 1985Feb 2020Yes
42-475330453813,050 ftNov 1983Apr 1998Yes
42-475328793803,101 ftSep 1983
42-475322473792,850 ftMay 1983Nov 1981
42-47511290351W2,540 ftJul 1952Aug 2007Yes
42-47511261332W2,551 ftJul 1952Sep 2007Yes
42-47511289344W2,565 ftJun 1952Sep 2011Yes
42-47511291373AW2,515 ftMay 1952Jul 1993Yes
42-47500718360W2,519 ftMar 1952Jan 2025Yes
42-47500693334W2,515 ftAug 1950May 1990Yes
42-47511288342W2,484 ftJul 1950Jul 2008Yes
42-47500543353W2,490 ftJul 1950Feb 1986Yes
42-47511236336W2,470 ftMay 1950Apr 1998Yes
42-47504473324W2,483 ftMay 1950Jun 2006Yes
42-47500719316W2,525 ftJan 1950
42-475044253472,525 ftAug 1937Apr 2022Yes
42-475007143592,505 ftAug 1936Apr 2024Yes
42-475007153612,530 ftAug 1936
42-47500709354W2,520 ftAug 1936Yes
42-475007023122,524 ftMay 1936Yes
42-475007033722,526 ftApr 1936
42-475006963452,530 ftJul 1935Jan 2011Yes
42-475006843672,599 ftMay 1931Sep 1987Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021488050.412.81$24,600
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020346014.751.80$5,104
Mar 20201,340030.341.86$40,656
Feb 20202049.881.98$100
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019319055.302.75$17,641
Oct 2019491053.472.42$26,254
Sep 2019321055.052.66$17,671
Aug 2019977053.112.30$51,888
Jul 2019480056.272.46$27,010
Jun 2019970052.782.49$51,197
May 2019712058.482.74$41,638
Apr 2019535062.632.75$33,507
Mar 2019346056.803.06$19,653
Feb 2019850050.852.79$43,223
Jan 2019696046.033.23$32,037
Dec 20181,211046.594.19$56,420
Nov 20181,050052.934.24$55,577
Oct 2018870061.443.40$53,453
Sep 2018523059.543.11$31,139
Aug 2018885059.403.07$52,569
Jul 20181,026065.142.93$66,834
Jun 2018670060.183.08$40,321
May 20181,028065.382.90$67,211
Apr 2018507063.842.90$32,367
Mar 2018825061.222.79$50,507
Feb 2018853061.782.77$52,698
Jan 20181,046062.874.01$65,762
Dec 2017862057.272.92$49,367
Nov 20171,014055.423.12$56,196
Oct 2017868049.292.98$42,784
Sep 2017676047.523.09$32,124
Aug 2017668045.373.00$30,307
Jul 2017842043.873.09$36,939
Jun 20171,026042.493.09$43,595
May 2017836045.373.26$37,929
Apr 20171,190047.933.21$57,037
Mar 20171,059046.772.98$49,529
Feb 2017697050.452.95$35,164
Jan 2017837049.413.42$41,356
Dec 20161,197048.763.72$58,366
Nov 2016819042.492.64$34,799
Oct 2016845046.193.09$39,031
Sep 2016829041.553.10$34,445
Aug 20161,158041.442.92$47,988
Jul 2016839041.622.92$34,919
Jun 2016990045.352.69$44,897
May 2016968042.521.99$41,159
Apr 2016866036.561.99$31,661
Mar 2016820033.011.79$27,068
Feb 2016813026.472.06$21,520
Jan 20162,738027.352.36$74,884
Dec 20152032.362.00$65
Nov 2015321038.792.17$12,452
Oct 2015959043.552.43$41,764
Sep 2015652042.992.76$28,029
Aug 2015798040.162.87$32,048
Jul 20151,067048.152.95$51,376
Jun 2015634056.152.88$35,599
May 2015928055.212.96$51,235
Apr 20151,125049.822.71$56,048
Mar 2015943042.892.93$40,445
Feb 2015812044.662.98$36,264
Jan 20151,010043.433.10$43,864
Dec 20141,189054.693.59$65,026
Nov 20141,046070.464.25$73,701
Oct 20141,034078.303.90$80,962
Sep 2014850086.164.05$73,236
Aug 20141,129089.394.04$100,921
Jul 2014927096.564.18$89,511
Jun 2014662098.164.74$64,982
May 2014992094.734.73$93,972
Apr 2014571095.944.81$54,782
Mar 20141,038095.895.06$99,534
Feb 2014558097.406.19$54,349
Jan 20141,000090.404.86$90,400
Dec 20131,145091.824.35$105,134
Nov 2013502088.853.74$44,603
Oct 2013530097.423.78$51,633
Sep 20135450104.113.72$56,740
Aug 20131,0350104.253.52$107,899
Jul 20135460102.523.72$55,976
Jun 2013867094.403.93$81,845
May 2013560094.834.15$53,105
Apr 20131,075093.964.28$101,007
Mar 2013543093.623.91$50,836
Feb 20131,068091.233.42$97,434
Jan 2013518091.603.42$47,449
Dec 20121,084086.773.42$94,059
Nov 2012606086.953.62$52,692
Oct 20121,064089.383.40$95,100
Sep 20121,033094.672.92$97,794
Aug 2012599092.662.91$55,503
Jul 20121,017085.133.02$86,577
Jun 2012553079.822.52$44,140
May 20121,044091.612.49$95,641
Apr 20125370101.652.00$54,586
Mar 20128310105.052.22$87,297
Feb 20121,1110101.102.57$112,322
Jan 2012480098.092.73$47,083
Dec 20111,047096.873.24$101,423
Nov 2011605095.723.31$57,911
Oct 2011560084.983.65$47,589
Sep 20111,036083.623.99$86,630
Aug 2011539083.404.15$44,953
Jul 2011525094.144.52$49,424
Jun 2011516092.904.64$47,936
May 2011485098.134.40$47,593
Apr 20115490105.964.33$58,172
Mar 2011736096.364.06$70,921
Feb 2011586085.644.18$50,185
Jan 2011299086.504.59$25,864
Dec 2010877085.734.35$75,185
Nov 2010649080.843.80$52,465
Oct 2010914078.103.51$71,383
Sep 2010811072.633.98$58,903
Aug 2010661073.684.42$48,702
Jul 20101,181072.554.74$85,682
Jun 2010932070.364.91$65,576
May 2010621071.124.24$44,166
Apr 2010968081.694.12$79,076
Mar 2010809078.394.39$63,418
Feb 2010959073.585.44$70,563
Jan 2010778074.365.96$57,852
Dec 20091,203071.445.48$85,942
Nov 2009804074.593.75$59,970
Oct 20091,009072.544.11$73,193
Sep 2009375065.543.06$24,578
Aug 2009808067.423.22$54,475
Jul 20091,336061.133.46$81,670
Jun 20091,016066.163.90$67,219
May 2009613054.743.93$33,556
Apr 20091,176046.773.59$55,002
Mar 20091,282042.144.06$54,023
Feb 2009966032.814.63$31,694
Jan 2009659035.865.37$23,632
Dec 2008767037.105.98$28,456
Nov 20081,111055.496.86$61,649
Oct 2008957075.246.92$72,005
Sep 20089030101.767.88$91,889
Aug 20081,1600114.228.48$132,495
Jul 20081,3850131.0811.39$181,546
Jun 20081,1770131.3313.03$154,575
May 20081,1050123.1711.57$136,103
Apr 20089280110.3110.45$102,368
Mar 20081,1140101.909.66$113,517
Feb 20081,195092.538.77$110,573
Jan 20081,163090.388.21$105,112
Dec 20071,338088.337.30$118,186
Nov 20071,223091.677.29$112,112
Oct 20071,154082.856.92$95,609
Sep 20071,209075.846.24$91,691
Aug 20071,404069.066.39$96,960
Jul 20071,038070.906.39$73,594
Jun 20071,198062.007.55$74,276
May 20071,218058.747.85$71,545
Apr 2007962059.617.81$57,345
Mar 2007879056.927.30$50,033
Feb 20071,199055.108.22$66,065
Jan 2007800050.306.73$40,240
Dec 20061,267056.656.92$71,776
Nov 20061,135054.207.62$61,517
Oct 2006854054.906.01$46,885
Sep 20061,124060.085.04$67,530
Aug 2006977068.717.34$67,130
Jul 20061,010069.376.34$70,064
Jun 20061,090066.286.38$72,245
May 20061,378066.016.42$90,962
Apr 20061,157064.397.36$74,499
Mar 20061,089056.707.08$61,746
Feb 2006925057.597.75$53,271
Jan 20061,391060.598.93$84,281
Dec 20051,159054.9413.42$63,675
Nov 20051,666054.6910.59$91,114
Oct 20051,390058.3413.80$81,093
Sep 20051,473061.4512.08$90,516
Aug 20051,905061.519.80$117,177
Jul 20051,397055.697.84$77,799
Jun 20051,795052.337.38$93,932
May 20052,097045.226.65$94,826
Apr 20051,795049.207.36$88,314
Mar 20052,157050.377.15$108,648
Feb 20051,818045.226.31$82,210
Jan 20052,048043.166.32$88,392
Dec 20042,281039.866.75$90,921
Nov 20042,106045.286.33$95,360
Oct 20042,476049.706.52$123,057
Sep 20042,028043.245.28$87,691
Aug 20042,267042.375.55$96,053
Jul 20042,248038.286.08$86,053
Jun 20042,103036.106.43$75,918
May 20042,290037.486.49$85,829
Apr 20042,198034.475.86$75,765
Mar 20042,550034.365.53$87,618
Feb 20042,080032.455.51$67,496
Jan 20042,253032.036.30$72,164
Dec 20032,479030.266.30$75,015
Nov 20032,252028.804.60$64,858
Oct 20032,416028.174.76$68,059
Sep 20032,592026.314.75$68,196
Aug 20032,438029.765.13$72,555
Jul 20032,632029.415.17$77,407
Jun 20032,459028.565.98$70,229
May 20032,453026.595.97$65,225
Apr 20032,565026.675.41$68,409
Mar 20032,780031.146.10$86,569
Feb 20032,259033.487.93$75,631
Jan 20032,578030.315.58$78,139
Dec 20022,459026.914.85$66,172
Nov 20022,745024.664.14$67,692
Oct 20022,393026.464.23$63,319
Sep 20022,464027.443.64$67,612
Aug 20022,373025.963.16$61,603
Jul 20022,713024.583.06$66,686
Jun 20022,409023.733.34$57,166
May 20022,781024.663.58$68,579
Apr 20022,760023.653.51$65,274
Mar 20022,539022.003.10$55,858
Feb 20022,103018.222.38$38,317
Jan 20022,911017.172.38$49,982
Dec 20012,761016.932.36$46,744
Nov 20012,670018.072.41$48,247
Oct 20012,946019.782.53$58,272
Sep 20013,191024.262.25$77,414
Aug 20012,285024.873.05$56,828
Jul 20013,476023.933.20$83,181
Jun 20012,366824.563.82$58,140
May 20013,017025.524.31$76,994
Apr 20013,0416624.685.34$75,404
Mar 20012,945024.545.38$72,270
Feb 20012,177027.755.77$60,412
Jan 20014,08615027.478.40$113,502
Dec 20003,46837726.889.12$96,659
Nov 20003,56227632.215.66$116,294
Oct 20003,31016431.235.15$104,215
Sep 20003,62734231.875.19$117,366
Aug 20003,2919429.644.54$97,972
Jul 20004,08219728.534.09$117,265
Jun 20003,3856629.304.40$99,471
May 20003,04010027.263.68$83,238
Apr 20004,3724124.513.12$107,285
Mar 20003,7335328.422.86$106,243
Feb 20004,0016627.622.73$110,688
Jan 20003,2238225.272.48$81,649
Dec 19994,78211624.282.42$116,388
Nov 19994,0459823.192.43$94,042
Oct 19993,94513020.982.80$83,131
Sep 19994,76413621.752.62$103,973
Aug 19994,51028219.262.88$87,674
Jul 19994,50826117.892.37$81,267
Jun 19995,21723015.942.36$83,702
May 19993,99938315.792.32$64,033
Apr 19995,48634115.102.21$83,592
Mar 19994,46943712.471.84$56,532
Feb 19994,9214379.981.82$49,906
Jan 19994,29448410.381.90$45,491
Dec 19985,7324079.201.77$53,456
Nov 19985,60743510.892.19$62,011
Oct 19985,18650912.421.97$65,412
Sep 19984,97569212.592.08$64,076
Aug 19984,97455811.301.91$57,271
Jul 19985,34960711.742.24$64,155
Jun 19985,23161911.242.24$60,181
May 19985,50159712.622.21$70,740
Apr 19985,79050113.042.51$76,757
Mar 19986,60761212.802.31$85,983
Feb 19985,74660013.952.30$81,536
Jan 19986,55932214.702.15$97,111
Dec 19974,33451716.322.41$71,977
Nov 19974,2124818.193.09$76,765
Oct 19974,7699119.253.15$92,090
Sep 19974,68011517.742.95$83,363
Aug 19974,24229317.862.55$76,511
Jul 19975,24625317.582.25$92,793
Jun 19975,61638617.242.26$97,691
May 19975,71138618.972.31$109,229
Apr 19975,76615117.882.08$103,411
Mar 19975,62235618.951.94$107,227
Feb 19975,28327620.492.21$108,858
Jan 19976,43833323.483.54$152,343
Dec 19965,95750623.32$138,917
Nov 19965,59755821.97$122,966
Oct 19966,12753123.31$142,820
Sep 19965,99951422.22$133,298
Aug 19965,94150120.26$120,365
Jul 19966,77751419.55$132,490
Jun 19965,39351218.73$101,011
May 19966,23943819.43$121,224
Apr 19965,80348321.51$124,823
Mar 19966,54964819.38$126,920
Feb 19965,46574016.98$92,796
Jan 19965,52461217.07$94,295
Dec 19955,16462117.19$88,769
Nov 19955,49470716.00$87,904
Oct 19955,61167215.43$86,578
Sep 19955,25274316.18$84,977
Aug 19956,10287215.92$97,144
Jul 19955,21676515.24$79,492
Jun 19956,16972916.41$101,233
May 19956,02153017.56$105,729
Apr 19955,27754617.73$93,561
Mar 19956,01248116.44$98,837
Feb 19955,38558716.58$89,283
Jan 19956,04363915.92$96,205
Dec 19946,44358115.03$96,838
Nov 19946,41859415.90$102,046
Oct 19946,06167215.58$94,430
Sep 19946,50359615.29$99,431
Aug 19946,63665916.13$107,039
Jul 19946,82668517.56$119,865
Jun 19947,53167417.09$128,705
May 19946,91574115.88$109,810
Apr 19946,35673814.14$89,874
Mar 19947,79377212.46$97,101
Feb 19946,385112.50$79,813
Jan 19947,637112.66$96,684
Dec 19938,594112.33$105,964
Nov 19937,470114.49$108,240
Oct 19938,294115.85$131,460
Sep 19938,134115.03$122,254
Aug 19938,653115.66$135,506
Jul 19938,585115.46$132,724
Jun 19939,031116.79$151,630
May 19939,192117.68$162,515
Apr 19938,427118.05$152,107
Mar 19938,739118.14$158,525
Feb 19937,889117.90$141,213
Jan 19937,675116.93$129,938

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.

Jan 2021 — as filed, then multipliedworked
Oil                  488 bbl  × $ 50.41 =    $24,600
Casinghead gas         0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                  $24,600

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/7233 is the state's own key, not one this site invented.