HOLT, O. B. -C-

Operated by TEXLAND PETROLEUM, L.P. (P-5 849735) in the COWDEN, NORTH (DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 848District 08Field 21289600Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$84.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.3 M
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 68 leases and 395 wells, and the rule below applies to all of them.

Discovered
1939-06-24
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 40 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.

The Commission's schedule remark for this field reads: SEE FIELD RULES FOR CASING REQUIREMENTS.

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
NGPA1none

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
OilDisposition2,518,969 bbl$83,861,148
Casinghead gasProduction335,363 Mcf$741,812
Total$84,602,960

146,630 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 (31)

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 32.0477, -102.5703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

32.04766, -102.57080 · 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
29.0%
9 of 31 wells
With a plug date
29.0%
9 of 31 wells
Median depth
5,383 ft
31 wells filed one
Completion to plug
7.3 years
median over 9 wells

What the state filed about each well

On the RRC proration schedule
929.0%
A plug date is filed
929.0%
BothOn the schedule and plugged. Neither fact cancels the other.
929.0%
NeitherNo plug date, and not on the schedule.
2271.0%

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

Total depth in feet, 31 of 31 wells. Median 5,383 ft, with the middle half between 5,339 and 5,400 ft; the shallowest is 5,308 ft and the deepest 5,445 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, 31 of 31 wells, Aug 1971 – Oct 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
Aug 1971 – Oct 2025
31 of 31 wells
Plug dates filed
Jun 1999 – Mar 2026
9 of 31 wells; 22 filed none

Last completion to plug: a median of 7.3 years across the 9 wells that filed both dates, with the middle half between 3 months and 18.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

31 wells

42-13538043265,361 ftOct 2025Mar 2026Yes
42-13536319115,400 ftDec 2024
42-13538088325,383 ftMar 2024
42-13536321175,400 ftJun 2023Aug 2023Yes
42-1353657221W5,339 ftMay 2023Aug 2023Yes
42-13538007275,445 ftFeb 2023May 2023Yes
42-13536190155,400 ftAug 2020
42-1350172625,328 ftDec 2019
42-13536189145,400 ftSep 2018
42-13538045305,360 ftJul 2018
42-13538046315,380 ftJul 2017Feb 2026Yes
42-13537944245,400 ftApr 2017
42-13537945235,415 ftMar 2017
42-13536343195,400 ftMar 2014
42-13536318105,400 ftFeb 2013
42-13536342185,400 ftMay 2008
42-13538042255,355 ftJun 2007
42-13538044295,360 ftJun 2001
42-1350892535,335 ftApr 1998
42-1353631085,400 ftJun 1994May 2013Yes
42-1350172515,340 ftFeb 1992Mar 2016Yes
42-1353657320W15,337 ftFeb 1992Jun 1999Yes
42-1353657722W5,335 ftFeb 1992
42-1350172855,326 ftNov 1991
42-1350172965,328 ftOct 1991
42-13536341125,400 ftFeb 1991
42-1350172745,308 ftDec 1990Apr 2009Yes
42-1353631795,400 ftNov 1990
42-13536320165,400 ftNov 1990
42-13536192135,406 ftAug 1990
42-1353061975,339 ftAug 1971

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 20261,388131106.413.05$148,096
Apr 20261,62313798.932.87$160,957
Mar 20261,72819689.753.15$155,705
Feb 20261,48215963.503.75$94,703
Jan 20261,75021259.138.00$105,173
Dec 20251,67617556.664.41$95,735
Nov 20251,5258058.593.93$89,664
Oct 20251,50411359.383.30$89,681
Sep 20251,4983262.743.08$94,083
Aug 20251,319063.933.01$84,324
Jul 20251,216066.743.32$81,156
Jun 20251,6493666.483.13$109,738
May 20251,6717860.553.23$101,431
Apr 20251,66413462.363.54$104,242
Mar 20251,77918367.704.27$121,219
Feb 20251,54715070.884.34$110,302
Jan 20251,8361574.324.28$136,516
Dec 20241,781068.993.12$122,871
Nov 20241,606069.052.20$110,894
Oct 20241,722071.372.28$122,899
Sep 20241,819669.612.36$126,635
Aug 20241,9288475.632.06$145,988
Jul 20241,9172579.932.15$153,279
Jun 20241,89239578.082.63$148,768
May 20241,76041678.812.20$139,620
Apr 20241,41832084.451.66$120,281
Mar 20241,65838580.301.55$133,732
Feb 20241,61835576.091.78$123,747
Jan 20241,69123873.023.30$124,262
Dec 20231,95059771.262.61$140,516
Nov 20231,95046677.892.81$153,194
Oct 20231,91252085.443.09$164,967
Sep 20231,70451089.042.74$153,119
Aug 20232,01547680.522.67$163,520
Jul 20232,11226374.852.64$158,778
Jun 20231,89119668.962.26$130,846
May 20232,05841170.622.23$146,251
Apr 20231,94553678.122.24$153,143
Mar 20231,94445672.852.39$142,712
Feb 20231,81547975.112.47$137,506
Jan 20232,06851776.533.39$160,015
Dec 20221,97129876.415.73$152,311
Nov 20222,09059785.005.65$181,021
Oct 20221,96744987.185.86$174,116
Sep 20222,08851684.888.16$181,442
Aug 20222,06270594.529.13$201,335
Jul 20221,839626101.587.54$191,527
Jun 20221,715600115.097.98$202,166
May 20222,041722109.378.43$229,313
Apr 20221,998305104.226.84$210,317
Mar 20222,386682108.885.08$263,250
Feb 20221,88648691.054.86$174,082
Jan 20222,41048981.844.54$199,453
Dec 20212,34450871.323.90$169,155
Nov 20212,29644277.435.24$180,094
Oct 20212,27253579.795.71$184,340
Sep 20212,26638169.865.35$160,341
Aug 20212,47157666.024.22$165,566
Jul 20212,514870.783.98$177,973
Jun 20212,294069.493.38$159,410
May 20212,3574963.483.02$149,770
Apr 20212,12632960.362.76$129,233
Mar 20212,16718261.302.72$133,332
Feb 20211,46416557.805.55$85,535
Jan 20212,03146750.412.81$103,695
Dec 20202,25838844.642.68$101,835
Nov 20202,11154138.772.71$83,308
Oct 20202,30581036.972.48$87,223
Sep 20202,03294037.091.99$77,238
Aug 20202,38477839.982.39$97,168
Jul 20202,53911138.371.83$97,624
Jun 20201,61010734.901.69$56,370
May 20200016.921.81$0
Apr 20201,70522014.751.80$25,546
Mar 20202,45450130.341.86$75,384
Feb 20202,49141949.881.98$125,081
Jan 20202,72964157.252.09$157,578
Dec 20192,64375659.012.30$157,706
Nov 20192,49753455.302.75$139,553
Oct 20192,57874953.472.42$139,657
Sep 20192,3769355.052.66$131,046
Aug 20192,76650553.112.30$148,066
Jul 20192,65089356.272.46$151,312
Jun 20192,15965352.782.49$115,579
May 20192,35349858.482.74$138,968
Apr 20192,26376762.632.75$143,841
Mar 20192,39777056.803.06$138,507
Feb 20192,42385750.852.79$125,602
Jan 20192,15422046.033.23$99,859
Dec 20182,37754746.594.19$113,034
Nov 20182,55445452.934.24$137,107
Oct 20182,38941861.443.40$148,201
Sep 20182,87371859.543.11$173,290
Aug 20182,94964759.403.07$177,155
Jul 20183,10143265.142.93$203,266
Jun 20183,07951660.183.08$186,882
May 20182,93976065.382.90$194,356
Apr 20182,90962763.842.90$187,529
Mar 20183,03031061.222.79$186,361
Feb 20182,96050361.782.77$184,260
Jan 20183,6041,04662.874.01$230,777
Dec 20173,68365557.272.92$212,839
Nov 20173,58370955.423.12$200,781
Oct 20173,74792849.292.98$187,458
Sep 20173,23149947.523.09$155,078
Aug 20173,7011,53245.373.00$172,517
Jul 20173,63788043.873.09$162,272
Jun 20173,6051,13542.493.09$156,681
May 20173,97248345.373.26$181,786
Apr 20173,85086047.933.21$187,292
Mar 20172,69213946.772.98$126,320
Feb 20172,48915750.452.95$126,034
Jan 20172,59029249.413.42$128,970
Dec 20162,6739848.763.72$130,700
Nov 20163,08628742.492.64$131,883
Oct 20162,91030946.193.09$135,368
Sep 20162,17561441.553.10$92,275
Aug 20162,47638241.442.92$103,723
Jul 20168234041.622.92$34,370
Jun 20161,414045.352.69$64,125
May 20161,757042.521.99$74,708
Apr 20161,747036.561.99$63,870
Mar 20161,867033.011.79$61,630
Feb 20161,784026.472.06$47,222
Jan 20161,90926527.352.36$52,838
Dec 20151,9071132.362.00$61,733
Nov 20152,1152138.792.17$82,086
Oct 20152,523843.552.43$109,896
Sep 20152,4413442.992.76$105,032
Aug 20151,47038240.162.87$60,132
Jul 20152,0262048.152.95$97,611
Jun 20152,0284356.152.88$113,996
May 20152,1191655.212.96$117,037
Apr 20153,038749.822.71$151,372
Mar 20153,071342.892.93$131,724
Feb 20152,833344.662.98$126,531
Jan 2015358343.433.10$15,557
Dec 20141,4102154.693.59$77,188
Nov 20142,9262770.464.25$206,281
Oct 20142,3721478.303.90$185,782
Sep 20142,158586.164.05$185,954
Aug 20142,5751589.394.04$230,240
Jul 20142,555396.564.18$246,723
Jun 20142,220498.164.74$217,934
May 20142,511694.734.73$237,895
Apr 20142,3962095.944.81$229,968
Mar 20142,15910895.895.06$207,573
Feb 20142,3121897.406.19$225,300
Jan 20141,6682290.404.86$150,894
Dec 20131,6341791.824.35$150,108
Nov 20131,41910888.853.74$126,482
Oct 20131,2665597.423.78$123,542
Sep 20131,1530104.113.72$120,039
Aug 20131,2650104.253.52$131,876
Jul 20131,4530102.523.72$148,962
Jun 20131,452094.403.93$137,069
May 20131,752094.834.15$166,142
Apr 20132,001093.964.28$188,014
Mar 20132,00520293.623.91$188,499
Feb 20131,98735991.233.42$182,502
Jan 20132,18829391.603.42$201,423
Dec 20122,17138486.773.42$189,691
Nov 20122,145386.953.62$186,519
Oct 20122,00114389.383.40$179,336
Sep 20122,076594.672.92$196,550
Aug 20122,0852292.662.91$193,260
Jul 20121,8803285.133.02$160,141
Jun 20121,694679.822.52$135,230
May 20122,1272391.612.49$194,912
Apr 20121,99374101.652.00$202,736
Mar 20121,2195105.052.22$128,067
Feb 20121,52156101.102.57$153,917
Jan 20121,9444598.092.73$190,810
Dec 20111,7562496.873.24$170,181
Nov 20111,8084595.723.31$173,211
Oct 20112,1332184.983.65$181,339
Sep 20112,170383.623.99$181,467
Aug 20112,273083.404.15$189,568
Jul 20112,343094.144.52$220,570
Jun 20112,1863792.904.64$203,251
May 20112,3021098.134.40$225,939
Apr 20112,29894105.964.33$243,903
Mar 20112,1043696.364.06$202,888
Feb 20112,35032185.644.18$202,596
Jan 20112,6515286.504.59$229,550
Dec 20102,6901785.734.35$230,688
Nov 20102,7031680.843.80$218,571
Oct 20102,7524778.103.51$215,096
Sep 20102,6832172.633.98$194,950
Aug 20102,84541273.684.42$211,440
Jul 20102,9986272.554.74$217,799
Jun 20102,9052270.364.91$204,504
May 20102,482971.124.24$176,558
Apr 20103,07813381.694.12$251,990
Mar 20103,2632278.394.39$255,883
Feb 20102,8943073.585.44$213,104
Jan 20103,265574.365.96$242,815
Dec 20093,397271.445.48$242,693
Nov 20093,2135974.593.75$239,879
Oct 20093,2191572.544.11$233,568
Sep 20093,2701465.543.06$214,359
Aug 20093,4061767.423.22$229,687
Jul 20093,732961.133.46$228,168
Jun 20093,133566.163.90$207,299
May 20093,332254.743.93$182,402
Apr 20093,370046.773.59$157,615
Mar 20093,452242.144.06$145,475
Feb 20092,929032.814.63$96,100
Jan 20093,320235.865.37$119,066
Dec 20083,027037.105.98$112,302
Nov 20081,593255.496.86$88,409
Oct 20083,62213275.246.92$273,433
Sep 20083,4580101.767.88$351,886
Aug 20083,3063114.228.48$377,637
Jul 20083,6270131.0811.39$475,427
Jun 20084,0300131.3313.03$529,260
May 20083,6000123.1711.57$443,412
Apr 20083,7660110.3110.45$415,427
Mar 20084,0550101.909.66$413,205
Feb 20084,039092.538.77$373,729
Jan 20084,725090.388.21$427,046
Dec 20075,086088.337.30$449,246
Nov 20074,406091.677.29$403,898
Oct 20074,592082.856.92$380,447
Sep 20074,257075.846.24$322,851
Aug 20074,634069.066.39$320,024
Jul 20074,667070.906.39$330,890
Jun 20074,138062.007.55$256,556
May 20074,654058.747.85$273,376
Apr 20074,962059.617.81$295,785
Mar 20074,544056.927.30$258,644
Feb 20074,344055.108.22$239,354
Jan 20074,827050.306.73$242,798
Dec 20064,302056.656.92$243,708
Nov 20064,624054.207.62$250,621
Oct 20064,745054.906.01$260,501
Sep 20065,38214760.085.04$324,091
Aug 20065,05210368.717.34$347,879
Jul 20064,9509069.376.34$343,952
Jun 20064,46715566.286.38$297,062
May 20064,65710866.016.42$308,102
Apr 20064,50854264.397.36$294,260
Mar 20064,81630456.707.08$275,220
Feb 20064,78127357.597.75$277,454
Jan 20065,10349260.598.93$313,586
Dec 20055,14925154.9413.42$286,253
Nov 20055,54862654.6910.59$310,048
Oct 20056,33869158.3413.80$379,292
Sep 20056,54227061.4512.08$405,267
Aug 20055,9811,10761.519.80$378,736
Jul 20056,00188855.697.84$341,161
Jun 20056,0021,11052.337.38$322,278
May 20056,9351,06745.226.65$320,697
Apr 20056,53098749.207.36$328,541
Mar 20056,55271650.377.15$335,147
Feb 20056,91075145.226.31$317,210
Jan 20057,41785843.166.32$325,542
Dec 20047,87592539.866.75$320,142
Nov 20047,9051,01045.286.33$364,332
Oct 20048,6171,89349.706.52$440,598
Sep 20047,9331,12943.245.28$348,988
Aug 20048,9901,00042.375.55$386,457
Jul 20048,9691,34438.286.08$351,510
Jun 20048,6361,27536.106.43$319,962
May 20046,7081,04537.486.49$258,203
Apr 20046,9621,02134.475.86$245,962
Mar 20048,1081,19234.365.53$285,183
Feb 20047,6641,33632.455.51$256,058
Jan 20048,1171,27532.036.30$268,020
Dec 20038,2461,15930.266.30$256,828
Nov 20038,1611,21828.804.60$240,634
Oct 20038,9921,44628.174.76$260,187
Sep 20038,1661,60326.314.75$222,461
Aug 20038,7841,67729.765.13$270,014
Jul 20038,6091,78129.415.17$262,400
Jun 20038,6791,28828.565.98$255,578
May 20038,9241,39826.595.97$245,639
Apr 20038,0371,22526.675.41$220,971
Mar 20039,7101,50431.146.10$311,538
Feb 20038,4991,24933.487.93$294,446
Jan 200310,0481,23130.315.58$311,426
Dec 200210,2281,25326.914.85$281,317
Nov 200210,4901,36024.664.14$264,310
Oct 200211,0491,60926.464.23$299,161
Sep 200210,7271,24327.443.64$298,867
Aug 200210,6481,28725.963.16$280,494
Jul 200210,3721,08424.583.06$258,263
Jun 200210,9751,29423.733.34$264,756
May 200211,4031,70224.663.58$287,298
Apr 200211,3511,62123.653.51$274,145
Mar 200212,1731,84122.003.10$273,518
Feb 200211,6701,36418.222.38$215,868
Jan 200212,8171,59017.172.38$223,845
Dec 200114,0352,18516.932.36$242,779
Nov 200114,59978118.072.41$265,683
Oct 200115,1261,43119.782.53$302,811
Sep 200116,3422,30924.262.25$401,655
Aug 200120,1963,21324.873.05$512,084
Jul 200118,7883,45923.933.20$460,656
Jun 200114,9902,16124.563.82$376,418
May 200111,6611,37725.524.31$303,520
Apr 200111,78486424.685.34$295,439
Mar 200112,17877324.545.38$303,004
Feb 200112,3731,01427.755.77$349,199
Jan 200110,34785327.478.40$291,396
Dec 20006,99544926.889.12$192,122
Nov 20006,50246232.215.66$212,043
Oct 20006,82118631.235.15$213,977
Sep 20006,58552631.875.19$212,592
Aug 20006,77966029.644.54$203,926
Jul 20006,62375828.534.09$192,054
Jun 20006,4571,05729.304.40$193,838
May 20006,04086027.263.68$167,815
Apr 20005,32886424.513.12$133,282
Mar 20006,4081,01328.422.86$185,012
Feb 20005,82882727.622.73$163,224
Jan 20006,42181325.272.48$164,275
Dec 19996,63647924.282.42$162,283
Nov 19996,60571223.192.43$154,903
Oct 19997,08990920.982.80$151,276
Sep 19996,7071,15821.752.62$148,910
Aug 19996,3941,30619.262.88$126,904
Jul 19996,4051,17017.892.37$117,361
Jun 19996,3141,04515.942.36$103,114
May 19996,5181,21415.792.32$105,737
Apr 19996,91892615.102.21$106,506
Mar 19997,1681,41512.471.84$91,986
Feb 19995,3287109.981.82$54,464
Jan 19995,9351,17610.381.90$63,840
Dec 19986,9999869.201.77$66,139
Nov 19987,01358810.892.19$77,657
Oct 19986,9461,13012.421.97$88,495
Sep 19986,7671,12712.592.08$87,544
Aug 19986,25488211.301.91$72,352
Jul 19986,5561,05011.742.24$79,317
Jun 19986,6181,18911.242.24$77,046
May 19987,3311,11412.622.21$94,975
Apr 19985,37384313.042.51$72,176
Mar 19985,54279112.802.31$72,764
Feb 19986,53874413.952.30$92,916
Jan 19985,95574914.702.15$89,152
Dec 19976,57379916.322.41$109,198
Nov 19978,85077818.193.09$163,384
Oct 19978,8941,15619.253.15$174,851
Sep 19977,7711,96317.742.95$143,658
Aug 19978,4542,75817.862.55$158,034
Jul 19977,8202,13517.582.25$142,273
Jun 19978,2502,23717.242.26$147,279
May 19978,7902,25418.972.31$171,950
Apr 19977,9941,79117.882.08$146,663
Mar 19978,1761,83318.951.94$158,490
Feb 19977,8231,47520.492.21$163,547
Jan 19979,1513,29723.483.54$226,536
Dec 19969,7113,36423.32$226,461
Nov 199610,4002,57521.97$228,488
Oct 199610,3852,33323.31$242,074
Sep 199610,2532,32922.22$227,822
Aug 199610,8682,43520.26$220,186
Jul 199612,0433,16519.55$235,441
Jun 199612,4903,00318.73$233,938
May 199614,1743,50719.43$275,401
Apr 199613,4034,11121.51$288,299
Mar 199614,5583,67219.38$282,134
Feb 199613,0234,44416.98$221,131
Jan 199614,3713,27517.07$245,313
Dec 199514,4833,17817.19$248,963
Nov 199514,1113,21316.00$225,776
Oct 199515,2613,19215.43$235,477
Sep 199514,5583,13616.18$235,548
Aug 199516,7643,52715.92$266,883
Jul 199517,4942,33615.24$266,609
Jun 199516,3242,56616.41$267,877
May 199517,2812,17817.56$303,454
Apr 199517,1042,07817.73$303,254
Mar 199517,8982,01216.44$294,243
Feb 199516,2521,03916.58$269,458
Jan 199518,0711,83515.92$287,690
Dec 199417,1441,88715.03$257,674
Nov 199418,4782,16815.90$293,800
Oct 199419,9222,17615.58$310,385
Sep 199420,2041,87115.29$308,919
Aug 199421,8152,65716.13$351,876
Jul 199422,2973,15217.56$391,535
Jun 199421,2633,03517.09$363,385
May 199423,4072,50515.88$371,703
Apr 199421,2852,78814.14$300,970
Mar 199425,9022,96512.46$322,739
Feb 199424,8332,51612.50$310,413
Jan 199428,1153,01712.66$355,936
Dec 199328,9313,51812.33$356,719
Nov 199328,5692,72314.49$413,965
Oct 199329,0654,37515.85$460,680
Sep 199329,4063,27915.03$441,972
Aug 199331,4693,86215.66$492,805
Jul 199332,6524,64015.46$504,800
Jun 199333,0733,72216.79$555,296
May 199331,8614,39217.68$563,302
Apr 199332,5545,22618.05$587,600
Mar 199333,5014,07418.14$607,708
Feb 199329,1723,84317.90$522,179
Jan 199330,1643,73616.93$510,677

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                1,388 bbl  × $106.41 =   $147,697
Casinghead gas       131 Mcf  × $  3.05 =       $399

────────────────────────────────────────────────────
Month total                                 $148,096

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/848 is the state's own key, not one this site invented.