SHIPP

Name: SHIPP lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TREK RESOURCES, INC. (P-5 867578) in the NEWPORT (CADDO CONGL. 5800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 116167District 09Field 65357220NGPA filingCondensateGasSave Export

Value, all time

$1.6 M

Jan 1993 – Oct 2021

Value, last 12 filed months

$34 k

at the published price for each month

Months reported

346

no gaps in the span

Streams

condensate, gas

The NEWPORT (CADDO CONGL. 5800) field

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1985-01-08

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 11/01/85.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,937 bbl	$95,843
Gas	Production	408,192 Mcf	$1,484,126
Total			$1,579,968

64,897 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 (1)

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 33.4703, -98.0211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.47032, -98.02113 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,851 ft

1 wells filed one

Completion to plug

36.7 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

The one well that filed a depth was drilled to 6,851 ft.

Completions filed

Jan 1985

1 of 1 wells

Plug dates filed

Sep 2021

1 of 1 wells

Last completion to plug: a median of 36.7 years across the 1 well that filed both dates, with the middle half between 36.7 years and 36.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07733619	1	6,851 ft	Jan 1985	Sep 2021	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.

Every month this lease reported (346)

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

346 months


Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	511	60.36	2.76	$1,410
Mar 2021	171	1,196	61.30	2.72	$13,732
Feb 2021	0	1,159	57.80	5.55	$6,430
Jan 2021	0	1,418	50.41	2.81	$3,985
Dec 2020	0	1,545	44.64	2.68	$4,134
Nov 2020	0	1,553	38.77	2.71	$4,203
Oct 2020	0	1,695	36.97	2.48	$4,201
Sep 2020	0	1,785	37.09	1.99	$3,554
Aug 2020	0	2,026	39.98	2.39	$4,832
Jul 2020	0	2,505	38.37	1.83	$4,572
Jun 2020	0	2,346	34.90	1.69	$3,965
May 2020	153	2,284	16.92	1.81	$6,734
Apr 2020	0	2,520	14.75	1.80	$4,547
Mar 2020	0	2,888	30.34	1.86	$5,361
Feb 2020	0	2,855	49.88	1.98	$5,655
Jan 2020	0	3,080	57.25	2.09	$6,452
Dec 2019	0	1,316	59.01	2.30	$3,033
Nov 2019	0	999	55.30	2.75	$2,748
Oct 2019	0	1,058	53.47	2.42	$2,559
Sep 2019	0	1,028	55.05	2.66	$2,732
Aug 2019	0	1,052	53.11	2.30	$2,424
Jul 2019	0	1,069	56.27	2.46	$2,630
Jun 2019	0	1,038	52.78	2.49	$2,586
May 2019	0	1,039	58.48	2.74	$2,847
Apr 2019	0	1,000	62.63	2.75	$2,751
Mar 2019	0	1,032	56.80	3.06	$3,160
Feb 2019	0	923	50.85	2.79	$2,577
Jan 2019	0	1,018	46.03	3.23	$3,286
Dec 2018	0	1,007	46.59	4.19	$4,215
Nov 2018	0	990	52.93	4.24	$4,195
Oct 2018	0	1,042	61.44	3.40	$3,541
Sep 2018	0	963	59.54	3.11	$2,993
Aug 2018	0	989	59.40	3.07	$3,033
Jul 2018	0	998	65.14	2.93	$2,926
Jun 2018	0	959	60.18	3.08	$2,951
May 2018	0	983	65.38	2.90	$2,851
Apr 2018	0	993	63.84	2.90	$2,880
Mar 2018	0	1,000	61.22	2.79	$2,787
Feb 2018	0	914	61.78	2.77	$2,528
Jan 2018	0	546	62.87	4.01	$2,189
Dec 2017	0	952	57.27	2.92	$2,781
Nov 2017	0	986	55.42	3.12	$3,075
Oct 2017	0	1,004	49.29	2.98	$2,996
Sep 2017	0	974	47.52	3.09	$3,007
Aug 2017	0	1,013	45.37	3.00	$3,043
Jul 2017	37	1,022	43.87	3.09	$4,778
Jun 2017	0	987	42.49	3.09	$3,047
May 2017	0	1,033	45.37	3.26	$3,371
Apr 2017	0	991	47.93	3.21	$3,183
Mar 2017	0	1,064	46.77	2.98	$3,175
Feb 2017	0	880	50.45	2.95	$2,598
Jan 2017	0	976	49.41	3.42	$3,337
Dec 2016	0	991	48.76	3.72	$3,689
Nov 2016	0	973	42.49	2.64	$2,573
Oct 2016	0	997	46.19	3.09	$3,081
Sep 2016	0	974	41.55	3.10	$3,020
Aug 2016	0	1,006	41.44	2.92	$2,942
Jul 2016	0	1,018	41.62	2.92	$2,977
Jun 2016	0	976	45.35	2.69	$2,621
May 2016	0	1,014	42.52	1.99	$2,019
Apr 2016	0	1,000	36.56	1.99	$1,991
Mar 2016	0	1,015	33.01	1.79	$1,821
Feb 2016	0	928	26.47	2.06	$1,915
Jan 2016	0	992	27.35	2.36	$2,345
Dec 2015	0	983	32.36	2.00	$1,967
Nov 2015	0	981	38.79	2.17	$2,126
Oct 2015	0	1,012	43.55	2.43	$2,456
Sep 2015	0	966	42.99	2.76	$2,665
Aug 2015	0	1,046	40.16	2.87	$3,005
Jul 2015	0	1,069	48.15	2.95	$3,148
Jun 2015	0	1,020	56.15	2.88	$2,941
May 2015	0	1,034	55.21	2.96	$3,056
Apr 2015	0	980	49.82	2.71	$2,652
Mar 2015	0	1,020	42.89	2.93	$2,993
Feb 2015	0	908	44.66	2.98	$2,702
Jan 2015	0	1,014	43.43	3.10	$3,144
Dec 2014	0	1,020	54.69	3.59	$3,663
Nov 2014	0	1,002	70.46	4.25	$4,260
Oct 2014	0	1,031	78.30	3.90	$4,022
Sep 2014	0	987	86.16	4.05	$3,993
Aug 2014	0	1,149	89.39	4.04	$4,636
Jul 2014	0	1,393	96.56	4.18	$5,822
Jun 2014	0	1,561	98.16	4.74	$7,394
May 2014	113	1,362	94.73	4.73	$17,142
Apr 2014	0	1,191	95.94	4.81	$5,728
Mar 2014	0	1,319	95.89	5.06	$6,670
Feb 2014	0	1,230	97.40	6.19	$7,616
Jan 2014	0	1,591	90.40	4.86	$7,733
Dec 2013	0	1,327	91.82	4.35	$5,778
Nov 2013	0	1,206	88.85	3.74	$4,508
Oct 2013	0	1,247	97.42	3.78	$4,713
Sep 2013	152	882	104.11	3.72	$19,104
Aug 2013	0	1,557	104.25	3.52	$5,485
Jul 2013	0	1,450	102.52	3.72	$5,391
Jun 2013	0	1,318	94.40	3.93	$5,184
May 2013	0	1,607	94.83	4.15	$6,668
Apr 2013	0	1,563	93.96	4.28	$6,694
Mar 2013	0	1,265	93.62	3.91	$4,950
Feb 2013	0	1,145	91.23	3.42	$3,916
Jan 2013	0	1,341	91.60	3.42	$4,586
Dec 2012	0	1,328	86.77	3.42	$4,542
Nov 2012	0	1,047	86.95	3.62	$3,795
Oct 2012	0	970	89.38	3.40	$3,298
Sep 2012	0	1,512	94.67	2.92	$4,413
Aug 2012	0	1,489	92.66	2.91	$4,330
Jul 2012	0	1,372	85.13	3.02	$4,145
Jun 2012	0	1,436	79.82	2.52	$3,617
May 2012	0	912	91.61	2.49	$2,269
Apr 2012	145	1,545	101.65	2.00	$17,824
Mar 2012	0	1,630	105.05	2.22	$3,622
Feb 2012	0	1,464	101.10	2.57	$3,763
Jan 2012	0	1,564	98.09	2.73	$4,276
Dec 2011	0	1,585	96.87	3.24	$5,135
Nov 2011	0	1,797	95.72	3.31	$5,950
Oct 2011	0	1,689	84.98	3.65	$6,162
Sep 2011	0	1,424	83.62	3.99	$5,676
Aug 2011	0	2,087	83.40	4.15	$8,660
Jul 2011	0	2,190	94.14	4.52	$9,893
Jun 2011	0	1,690	92.90	4.64	$7,841
May 2011	0	2,098	98.13	4.40	$9,241
Apr 2011	0	1,280	105.96	4.33	$5,547
Mar 2011	183	2,018	96.36	4.06	$25,822
Feb 2011	0	1,910	85.64	4.18	$7,984
Jan 2011	0	2,626	86.50	4.59	$12,050
Dec 2010	0	2,898	85.73	4.35	$12,600
Nov 2010	0	3,093	80.84	3.80	$11,739
Oct 2010	0	3,587	78.10	3.51	$12,586
Sep 2010	0	3,449	72.63	3.98	$13,725
Aug 2010	0	4,015	73.68	4.42	$17,744
Jul 2010	0	5,057	72.55	4.74	$23,952
Jun 2010	0	2,866	70.36	4.91	$14,073
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	1,007	81.69	4.12	$4,152
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	54	0	61.13	3.46	$3,301
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	14	42.14	4.06	$57
Feb 2009	0	624	32.81	4.63	$2,891
Jan 2009	0	1,011	35.86	5.37	$5,430
Dec 2008	0	1,151	37.10	5.98	$6,880
Nov 2008	0	1,113	55.49	6.86	$7,636
Oct 2008	0	1,138	75.24	6.92	$7,877
Sep 2008	0	1,186	101.76	7.88	$9,342
Aug 2008	0	1,601	114.22	8.48	$13,581
Jul 2008	0	1,047	131.08	11.39	$11,925
Jun 2008	0	1,568	131.33	13.03	$20,435
May 2008	0	1,152	123.17	11.57	$13,334
Apr 2008	0	1,220	110.31	10.45	$12,755
Mar 2008	0	1,220	101.90	9.66	$11,790
Feb 2008	0	1,331	92.53	8.77	$11,674
Jan 2008	0	1,889	90.38	8.21	$15,501
Dec 2007	0	2,163	88.33	7.30	$15,794
Nov 2007	0	2,384	91.67	7.29	$17,383
Oct 2007	0	1,172	82.85	6.92	$8,113
Sep 2007	0	892	75.84	6.24	$5,570
Aug 2007	0	1,094	69.06	6.39	$6,988
Jul 2007	0	1,060	70.90	6.39	$6,771
Jun 2007	0	1,547	62.00	7.55	$11,677
May 2007	10	1,910	58.74	7.85	$15,574
Apr 2007	0	1,890	59.61	7.81	$14,752
Mar 2007	0	2,238	56.92	7.30	$16,342
Feb 2007	0	2,392	55.10	8.22	$19,653
Jan 2007	0	1,914	50.30	6.73	$12,875
Dec 2006	0	1,123	56.65	6.92	$7,769
Nov 2006	0	1,075	54.20	7.62	$8,189
Oct 2006	0	2,393	54.90	6.01	$14,391
Sep 2006	0	2,332	60.08	5.04	$11,747
Aug 2006	0	2,985	68.71	7.34	$21,910
Jul 2006	0	2,760	69.37	6.34	$17,506
Jun 2006	0	1,081	66.28	6.38	$6,901
May 2006	0	3,609	66.01	6.42	$23,188
Apr 2006	0	3,567	64.39	7.36	$26,255
Mar 2006	0	923	56.70	7.08	$6,538
Feb 2006	0	404	57.59	7.75	$3,131
Jan 2006	0	427	60.59	8.93	$3,815
Dec 2005	0	626	54.94	13.42	$8,398
Nov 2005	0	850	54.69	10.59	$9,000
Oct 2005	0	577	58.34	13.80	$7,960
Sep 2005	0	383	61.45	12.08	$4,626
Aug 2005	0	708	61.51	9.80	$6,936
Jul 2005	0	637	55.69	7.84	$4,996
Jun 2005	0	855	52.33	7.38	$6,311
May 2005	0	1,109	45.22	6.65	$7,376
Apr 2005	0	1,080	49.20	7.36	$7,949
Mar 2005	0	1,101	50.37	7.15	$7,878
Feb 2005	0	944	45.22	6.31	$5,958
Jan 2005	0	958	43.16	6.32	$6,057
Dec 2004	0	789	39.86	6.75	$5,327
Nov 2004	0	864	45.28	6.33	$5,469
Oct 2004	0	1,022	49.70	6.52	$6,658
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	1,361	36.10	6.43	$8,755
May 2004	0	1,383	37.48	6.49	$8,982
Apr 2004	0	1,363	34.47	5.86	$7,985
Mar 2004	0	1,363	34.36	5.53	$7,538
Feb 2004	0	1,319	32.45	5.51	$7,267
Jan 2004	0	1,518	32.03	6.30	$9,563
Dec 2003	0	1,340	30.26	6.30	$8,444
Nov 2003	0	1,311	28.80	4.60	$6,024
Oct 2003	0	1,437	28.17	4.76	$6,840
Sep 2003	0	1,828	26.31	4.75	$8,682
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	7	607	26.59	5.97	$3,812
Apr 2003	129	1,228	26.67	5.41	$10,081
Mar 2003	0	1,260	31.14	6.10	$7,681
Feb 2003	0	1,122	33.48	7.93	$8,893
Jan 2003	0	1,324	30.31	5.58	$7,391
Dec 2002	0	1,485	26.91	4.85	$7,208
Nov 2002	0	1,810	24.66	4.14	$7,488
Oct 2002	0	1,427	26.46	4.23	$6,035
Sep 2002	0	52	27.44	3.64	$189
Aug 2002	0	132	25.96	3.16	$418
Jul 2002	0	152	24.58	3.06	$465
Jun 2002	0	47	23.73	3.34	$157
May 2002	0	233	24.66	3.58	$835
Apr 2002	14	0	23.65	3.51	$331
Mar 2002	0	302	22.00	3.10	$937
Feb 2002	0	818	18.22	2.38	$1,943
Jan 2002	0	823	17.17	2.38	$1,955
Dec 2001	0	1,018	16.93	2.36	$2,407
Nov 2001	0	476	18.07	2.41	$1,145
Oct 2001	0	750	19.78	2.53	$1,897
Sep 2001	0	579	24.26	2.25	$1,304
Aug 2001	0	889	24.87	3.05	$2,714
Jul 2001	123	633	23.93	3.20	$4,967
Jun 2001	0	580	24.56	3.82	$2,218
May 2001	0	863	25.52	4.31	$3,717
Apr 2001	0	950	24.68	5.34	$5,069
Mar 2001	0	1,004	24.54	5.38	$5,398
Feb 2001	0	6	27.75	5.77	$35
Jan 2001	0	336	27.47	8.40	$2,822
Dec 2000	0	574	26.88	9.12	$5,236
Nov 2000	0	1,672	32.21	5.66	$9,460
Oct 2000	0	2,134	31.23	5.15	$10,981
Sep 2000	0	795	31.87	5.19	$4,123
Aug 2000	0	575	29.64	4.54	$2,611
Jul 2000	92	809	28.53	4.09	$5,933
Jun 2000	0	413	29.30	4.40	$1,816
May 2000	0	496	27.26	3.68	$1,825
Apr 2000	0	493	24.51	3.12	$1,536
Mar 2000	0	612	28.42	2.86	$1,750
Feb 2000	0	545	27.62	2.73	$1,486
Jan 2000	0	470	25.27	2.48	$1,166
Dec 1999	0	328	24.28	2.42	$795
Nov 1999	0	772	23.19	2.43	$1,879
Oct 1999	0	670	20.98	2.80	$1,878
Sep 1999	0	667	21.75	2.62	$1,747
Aug 1999	0	1,080	19.26	2.88	$3,106
Jul 1999	0	991	17.89	2.37	$2,351
Jun 1999	0	737	15.94	2.36	$1,741
May 1999	0	561	15.79	2.32	$1,302
Apr 1999	0	450	15.10	2.21	$994
Mar 1999	111	882	12.47	1.84	$3,006
Feb 1999	0	882	9.98	1.82	$1,603
Jan 1999	0	956	10.38	1.90	$1,816
Dec 1998	0	1,347	9.20	1.77	$2,389
Nov 1998	0	1,486	10.89	2.19	$3,248
Oct 1998	0	1,662	12.42	1.97	$3,273
Sep 1998	0	1,730	12.59	2.08	$3,603
Aug 1998	0	811	11.30	1.91	$1,547
Jul 1998	0	550	11.74	2.24	$1,231
Jun 1998	0	1,693	11.24	2.24	$3,788
May 1998	128	1,722	12.62	2.21	$5,415
Apr 1998	0	1,770	13.04	2.51	$4,434
Mar 1998	0	1,844	12.80	2.31	$4,259
Feb 1998	0	1,731	13.95	2.30	$3,980
Jan 1998	0	2,091	14.70	2.15	$4,506
Dec 1997	0	2,655	16.32	2.41	$6,401
Nov 1997	0	1,849	18.19	3.09	$5,710
Oct 1997	0	1,498	19.25	3.15	$4,718
Sep 1997	0	1,887	17.74	2.95	$5,576
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	4	17.24	2.26	$9
May 1997	0	216	18.97	2.31	$499
Apr 1997	0	519	17.88	2.08	$1,081
Mar 1997	0	945	18.95	1.94	$1,832
Feb 1997	0	588	20.49	2.21	$1,297
Jan 1997	126	1,401	23.48	3.54	$7,918
Dec 1996	0	1,457	23.32	—	$0
Nov 1996	0	278	21.97	—	$0
Oct 1996	0	784	23.31	—	$0
Sep 1996	1	1,034	22.22	—	$22
Aug 1996	0	1,011	20.26	—	$0
Jul 1996	0	1,290	19.55	—	$0
Jun 1996	0	1,121	18.73	—	$0
May 1996	0	911	19.43	—	$0
Apr 1996	0	784	21.51	—	$0
Mar 1996	0	1,119	19.38	—	$0
Feb 1996	0	1,128	16.98	—	$0
Jan 1996	0	1,246	17.07	—	$0
Dec 1995	0	1,266	17.19	—	$0
Nov 1995	0	1,155	16.00	—	$0
Oct 1995	0	1,383	15.43	—	$0
Sep 1995	0	1,161	16.18	—	$0
Aug 1995	0	1,459	15.92	—	$0
Jul 1995	123	1,353	15.24	—	$1,875
Jun 1995	0	1,386	16.41	—	$0
May 1995	0	1,055	17.56	—	$0
Apr 1995	0	1,293	17.73	—	$0
Mar 1995	0	1,455	16.44	—	$0
Feb 1995	0	1,343	16.58	—	$0
Jan 1995	0	1,537	15.92	—	$0
Dec 1994	0	1,497	15.03	—	$0
Nov 1994	0	1,395	15.90	—	$0
Oct 1994	0	1,225	15.58	—	$0
Sep 1994	0	1,499	15.29	—	$0
Aug 1994	0	1,261	16.13	—	$0
Jul 1994	0	1,534	17.56	—	$0
Jun 1994	0	1,606	17.09	—	$0
May 1994	0	1,398	15.88	—	$0
Apr 1994	0	1,682	14.14	—	$0
Mar 1994	0	1,691	12.46	—	$0
Feb 1994	0	1,706	12.50	—	$0
Jan 1994	0	2,014	12.66	—	$0
Dec 1993	0	1,580	12.33	—	$0
Nov 1993	0	1,691	14.49	—	$0
Oct 1993	0	1,390	15.85	—	$0
Sep 1993	65	1,511	15.03	—	$977
Aug 1993	0	1,898	15.66	—	$0
Jul 1993	0	1,103	15.46	—	$0
Jun 1993	0	1,529	16.79	—	$0
May 1993	0	1,712	17.68	—	$0
Apr 1993	0	1,681	18.05	—	$0
Mar 1993	0	1,774	18.14	—	$0
Feb 1993	0	1,273	17.90	—	$0
Jan 1993	0	1,238	16.93	—	$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.

Apr 2021 — as filed, then multipliedworked

Condensate             0 bbl  × $ 60.36 =         $0
Gas                  511 Mcf  × $  2.76 =     $1,410

────────────────────────────────────────────────────
Month total                                   $1,410

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. 09/G/116167 is the state's own key, not one this site invented.