TCU

Name: TCU lease production and value, Jun 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BKV BARNETT, LLC (P-5 72504) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169453District 09Field 652802002 tax incentive programmesCondensateGasSave Export

Value, all time

$6.5 M

Jun 1998 – May 2026

Value, last 12 filed months

$32 k

at the published price for each month

Months reported

336

no gaps in the span

Streams

condensate, gas

The NEWARK, EAST (BARNETT SHALE) 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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered

1981-10-15

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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
High Cost Gas	1	1	1999-08-18	140871
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	58 bbl	$778
Gas	Production	1,330,828 Mcf	$6,518,934
Total			$6,519,712

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 33.0093, -97.3737. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.00930, -97.37371 · 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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

7,633 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

00.0%

A plug date is filed

00.0%

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

00.0%

NeitherNo plug date, and not on the schedule.

1100.0%

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 7,633 ft.

Completions filed

Jun 1998

1 of 1 wells

1 well


42-12130667	2	7,633 ft	Jun 1998	—	—

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 (336)

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

336 months


May 2026	0	685	106.41	3.05	$2,086
Apr 2026	0	652	98.93	2.87	$1,871
Mar 2026	0	688	89.75	3.15	$2,167
Feb 2026	0	655	63.50	3.75	$2,456
Jan 2026	0	743	59.13	8.00	$5,942
Dec 2025	0	800	56.66	4.41	$3,531
Nov 2025	0	922	58.59	3.93	$3,620
Oct 2025	0	752	59.38	3.30	$2,485
Sep 2025	0	573	62.74	3.08	$1,763
Aug 2025	0	606	63.93	3.01	$1,827
Jul 2025	0	606	66.74	3.32	$2,009
Jun 2025	0	615	66.48	3.13	$1,924
May 2025	0	651	60.55	3.23	$2,104
Apr 2025	0	668	62.36	3.54	$2,367
Mar 2025	0	692	67.70	4.27	$2,954
Feb 2025	0	635	70.88	4.34	$2,756
Jan 2025	0	709	74.32	4.28	$3,034
Dec 2024	0	713	68.99	3.12	$2,226
Nov 2024	0	689	69.05	2.20	$1,515
Oct 2024	0	721	71.37	2.28	$1,645
Sep 2024	0	820	69.61	2.36	$1,939
Aug 2024	0	581	75.63	2.06	$1,199
Jul 2024	0	703	79.93	2.15	$1,509
Jun 2024	0	712	78.08	2.63	$1,875
May 2024	0	702	78.81	2.20	$1,543
Apr 2024	0	693	84.45	1.66	$1,150
Mar 2024	0	726	80.30	1.55	$1,122
Feb 2024	0	681	76.09	1.78	$1,215
Jan 2024	0	784	73.02	3.30	$2,585
Dec 2023	0	738	71.26	2.61	$1,927
Nov 2023	0	722	77.89	2.81	$2,027
Oct 2023	0	750	85.44	3.09	$2,315
Sep 2023	0	725	89.04	2.74	$1,983
Aug 2023	0	741	80.52	2.67	$1,981
Jul 2023	0	759	74.85	2.64	$2,005
Jun 2023	0	716	68.96	2.26	$1,617
May 2023	0	793	70.62	2.23	$1,766
Apr 2023	0	726	78.12	2.24	$1,625
Mar 2023	0	756	72.85	2.39	$1,809
Feb 2023	0	697	75.11	2.47	$1,719
Jan 2023	0	773	76.53	3.39	$2,619
Dec 2022	0	824	76.41	5.73	$4,721
Nov 2022	0	777	85.00	5.65	$4,387
Oct 2022	0	805	87.18	5.86	$4,720
Sep 2022	0	777	84.88	8.16	$6,343
Aug 2022	0	794	94.52	9.13	$7,247
Jul 2022	0	816	101.58	7.54	$6,154
Jun 2022	0	830	115.09	7.98	$6,621
May 2022	0	871	109.37	8.43	$7,345
Apr 2022	0	805	104.22	6.84	$5,504
Mar 2022	0	826	108.88	5.08	$4,193
Feb 2022	0	773	91.05	4.86	$3,756
Jan 2022	0	845	81.84	4.54	$3,834
Dec 2021	0	865	71.32	3.90	$3,373
Nov 2021	0	810	77.43	5.24	$4,242
Oct 2021	0	853	79.79	5.71	$4,874
Sep 2021	0	805	69.86	5.35	$4,307
Aug 2021	0	827	66.02	4.22	$3,490
Jul 2021	0	847	70.78	3.98	$3,373
Jun 2021	0	817	69.49	3.38	$2,762
May 2021	0	888	63.48	3.02	$2,680
Apr 2021	0	854	60.36	2.76	$2,356
Mar 2021	0	869	61.30	2.72	$2,361
Feb 2021	0	864	57.80	5.55	$4,793
Jan 2021	0	902	50.41	2.81	$2,535
Dec 2020	0	919	44.64	2.68	$2,459
Nov 2020	0	892	38.77	2.71	$2,414
Oct 2020	0	902	36.97	2.48	$2,236
Sep 2020	0	904	37.09	1.99	$1,800
Aug 2020	0	938	39.98	2.39	$2,237
Jul 2020	0	979	38.37	1.83	$1,787
Jun 2020	0	958	34.90	1.69	$1,619
May 2020	0	992	16.92	1.81	$1,800
Apr 2020	0	990	14.75	1.80	$1,786
Mar 2020	0	1,056	30.34	1.86	$1,960
Feb 2020	0	1,025	49.88	1.98	$2,030
Jan 2020	0	1,158	57.25	2.09	$2,426
Dec 2019	0	1,229	59.01	2.30	$2,832
Nov 2019	0	1,217	55.30	2.75	$3,348
Oct 2019	0	1,267	53.47	2.42	$3,064
Sep 2019	0	1,170	55.05	2.66	$3,109
Aug 2019	0	1,251	53.11	2.30	$2,883
Jul 2019	0	1,286	56.27	2.46	$3,164
Jun 2019	0	1,196	52.78	2.49	$2,979
May 2019	0	1,225	58.48	2.74	$3,357
Apr 2019	0	1,183	62.63	2.75	$3,254
Mar 2019	0	1,297	56.80	3.06	$3,972
Feb 2019	0	1,254	50.85	2.79	$3,501
Jan 2019	0	592	46.03	3.23	$1,911
Dec 2018	0	1,161	46.59	4.19	$4,859
Nov 2018	0	1,132	52.93	4.24	$4,797
Oct 2018	0	1,179	61.44	3.40	$4,006
Sep 2018	0	1,159	59.54	3.11	$3,602
Aug 2018	0	1,182	59.40	3.07	$3,625
Jul 2018	0	1,200	65.14	2.93	$3,518
Jun 2018	0	1,146	60.18	3.08	$3,526
May 2018	0	1,235	65.38	2.90	$3,582
Apr 2018	0	1,232	63.84	2.90	$3,574
Mar 2018	0	1,173	61.22	2.79	$3,269
Feb 2018	0	1,234	61.78	2.77	$3,413
Jan 2018	0	1,173	62.87	4.01	$4,703
Dec 2017	0	1,414	57.27	2.92	$4,131
Nov 2017	0	1,290	55.42	3.12	$4,023
Oct 2017	0	1,286	49.29	2.98	$3,837
Sep 2017	0	1,268	47.52	3.09	$3,915
Aug 2017	0	1,327	45.37	3.00	$3,987
Jul 2017	0	1,376	43.87	3.09	$4,248
Jun 2017	0	1,362	42.49	3.09	$4,205
May 2017	0	1,388	45.37	3.26	$4,530
Apr 2017	0	1,264	47.93	3.21	$4,059
Mar 2017	0	1,267	46.77	2.98	$3,780
Feb 2017	0	1,098	50.45	2.95	$3,242
Jan 2017	0	1,299	49.41	3.42	$4,441
Dec 2016	0	1,278	48.76	3.72	$4,758
Nov 2016	0	1,247	42.49	2.64	$3,298
Oct 2016	0	1,326	46.19	3.09	$4,098
Sep 2016	0	1,494	41.55	3.10	$4,632
Aug 2016	0	2,000	41.44	2.92	$5,849
Jul 2016	0	1,974	41.62	2.92	$5,773
Jun 2016	0	1,820	45.35	2.69	$4,888
May 2016	0	1,858	42.52	1.99	$3,699
Apr 2016	0	1,695	36.56	1.99	$3,375
Mar 2016	0	1,700	33.01	1.79	$3,050
Feb 2016	0	1,539	26.47	2.06	$3,176
Jan 2016	0	1,644	27.35	2.36	$3,887
Dec 2015	0	1,559	32.36	2.00	$3,120
Nov 2015	0	1,494	38.79	2.17	$3,238
Oct 2015	0	1,556	43.55	2.43	$3,776
Sep 2015	0	1,514	42.99	2.76	$4,176
Aug 2015	0	1,550	40.16	2.87	$4,452
Jul 2015	0	1,481	48.15	2.95	$4,362
Jun 2015	0	1,437	56.15	2.88	$4,143
May 2015	0	1,399	55.21	2.96	$4,135
Apr 2015	0	1,212	49.82	2.71	$3,280
Mar 2015	0	1,276	42.89	2.93	$3,745
Feb 2015	0	998	44.66	2.98	$2,970
Jan 2015	0	1,543	43.43	3.10	$4,784
Dec 2014	0	1,601	54.69	3.59	$5,750
Nov 2014	0	1,555	70.46	4.25	$6,612
Oct 2014	0	1,407	78.30	3.90	$5,489
Sep 2014	0	1,541	86.16	4.05	$6,234
Aug 2014	0	1,760	89.39	4.04	$7,102
Jul 2014	0	1,843	96.56	4.18	$7,703
Jun 2014	0	1,555	98.16	4.74	$7,366
May 2014	0	1,527	94.73	4.73	$7,217
Apr 2014	0	1,430	95.94	4.81	$6,877
Mar 2014	0	1,789	95.89	5.06	$9,047
Feb 2014	0	1,753	97.40	6.19	$10,855
Jan 2014	0	2,188	90.40	4.86	$10,635
Dec 2013	0	1,867	91.82	4.35	$8,130
Nov 2013	0	1,452	88.85	3.74	$5,428
Oct 2013	0	1,632	97.42	3.78	$6,168
Sep 2013	0	1,547	104.11	3.72	$5,751
Aug 2013	0	1,718	104.25	3.52	$6,052
Jul 2013	0	1,974	102.52	3.72	$7,339
Jun 2013	0	1,115	94.40	3.93	$4,386
May 2013	0	1,220	94.83	4.15	$5,062
Apr 2013	0	1,528	93.96	4.28	$6,544
Mar 2013	0	1,445	93.62	3.91	$5,654
Feb 2013	0	1,015	91.23	3.42	$3,471
Jan 2013	0	1,043	91.60	3.42	$3,567
Dec 2012	0	1,216	86.77	3.42	$4,159
Nov 2012	0	1,164	86.95	3.62	$4,219
Oct 2012	0	1,146	89.38	3.40	$3,896
Sep 2012	0	1,577	94.67	2.92	$4,602
Aug 2012	0	1,904	92.66	2.91	$5,537
Jul 2012	0	1,457	85.13	3.02	$4,401
Jun 2012	0	1,787	79.82	2.52	$4,502
May 2012	0	1,840	91.61	2.49	$4,579
Apr 2012	0	1,866	101.65	2.00	$3,726
Mar 2012	0	1,968	105.05	2.22	$4,373
Feb 2012	0	1,689	101.10	2.57	$4,341
Jan 2012	0	2,004	98.09	2.73	$5,479
Dec 2011	0	2,089	96.87	3.24	$6,768
Nov 2011	0	2,157	95.72	3.31	$7,142
Oct 2011	0	2,458	84.98	3.65	$8,968
Sep 2011	0	2,298	83.62	3.99	$9,159
Aug 2011	0	2,178	83.40	4.15	$9,037
Jul 2011	0	2,253	94.14	4.52	$10,177
Jun 2011	0	2,189	92.90	4.64	$10,157
May 2011	0	1,272	98.13	4.40	$5,603
Apr 2011	0	2,406	105.96	4.33	$10,426
Mar 2011	0	2,347	96.36	4.06	$9,523
Feb 2011	0	2,323	85.64	4.18	$9,710
Jan 2011	0	2,313	86.50	4.59	$10,614
Dec 2010	0	2,972	85.73	4.35	$12,922
Nov 2010	0	2,595	80.84	3.80	$9,849
Oct 2010	0	2,035	78.10	3.51	$7,141
Sep 2010	0	2,251	72.63	3.98	$8,958
Aug 2010	0	3,470	73.68	4.42	$15,335
Jul 2010	0	3,444	72.55	4.74	$16,312
Jun 2010	0	2,940	70.36	4.91	$14,437
May 2010	0	3,258	71.12	4.24	$13,798
Apr 2010	0	3,729	81.69	4.12	$15,374
Mar 2010	0	3,466	78.39	4.39	$15,211
Feb 2010	0	3,629	73.58	5.44	$19,750
Jan 2010	0	4,799	74.36	5.96	$28,622
Dec 2009	0	16,333	71.44	5.48	$89,566
Nov 2009	0	16,601	74.59	3.75	$62,279
Oct 2009	0	16,664	72.54	4.11	$68,493
Sep 2009	0	14,346	65.54	3.06	$43,967
Aug 2009	0	6,954	67.42	3.22	$22,381
Jul 2009	0	4,477	61.13	3.46	$15,511
Jun 2009	0	4,437	66.16	3.90	$17,282
May 2009	0	4,311	54.74	3.93	$16,924
Apr 2009	0	5,873	46.77	3.59	$21,069
Mar 2009	0	4,266	42.14	4.06	$17,316
Feb 2009	0	6,188	32.81	4.63	$28,669
Jan 2009	0	6,687	35.86	5.37	$35,916
Dec 2008	0	3,801	37.10	5.98	$22,719
Nov 2008	0	1,037	55.49	6.86	$7,114
Oct 2008	0	9,766	75.24	6.92	$67,600
Sep 2008	0	9,706	101.76	7.88	$76,455
Aug 2008	0	2,187	114.22	8.48	$18,552
Jul 2008	0	5,171	131.08	11.39	$58,895
Jun 2008	0	4,888	131.33	13.03	$63,704
May 2008	0	5,097	123.17	11.57	$58,994
Apr 2008	0	5,243	110.31	10.45	$54,815
Mar 2008	0	5,632	101.90	9.66	$54,428
Feb 2008	0	5,117	92.53	8.77	$44,879
Jan 2008	0	4,857	90.38	8.21	$39,855
Dec 2007	0	5,155	88.33	7.30	$37,642
Nov 2007	0	5,114	91.67	7.29	$37,290
Oct 2007	0	5,701	82.85	6.92	$39,462
Sep 2007	0	6,882	75.84	6.24	$42,972
Aug 2007	0	3,815	69.06	6.39	$24,370
Jul 2007	0	5,614	70.90	6.39	$35,862
Jun 2007	0	6,027	62.00	7.55	$45,495
May 2007	0	9,412	58.74	7.85	$73,849
Apr 2007	0	12,804	59.61	7.81	$99,938
Mar 2007	0	8,171	56.92	7.30	$59,664
Feb 2007	0	5,822	55.10	8.22	$47,834
Jan 2007	0	7,040	50.30	6.73	$47,357
Dec 2006	0	6,594	56.65	6.92	$45,620
Nov 2006	0	6,675	54.20	7.62	$50,847
Oct 2006	0	6,597	54.90	6.01	$39,673
Sep 2006	0	5,032	60.08	5.04	$25,347
Aug 2006	0	6,087	68.71	7.34	$44,678
Jul 2006	0	5,860	69.37	6.34	$37,169
Jun 2006	0	5,878	66.28	6.38	$37,524
May 2006	0	4,991	66.01	6.42	$32,067
Apr 2006	0	6,173	64.39	7.36	$45,436
Mar 2006	0	5,977	56.70	7.08	$42,335
Feb 2006	0	6,018	57.59	7.75	$46,646
Jan 2006	0	6,910	60.59	8.93	$61,729
Dec 2005	0	6,978	54.94	13.42	$93,613
Nov 2005	0	7,115	54.69	10.59	$75,336
Oct 2005	0	7,293	58.34	13.80	$100,612
Sep 2005	0	6,523	61.45	12.08	$78,791
Aug 2005	0	5,676	61.51	9.80	$55,607
Jul 2005	0	6,804	55.69	7.84	$53,368
Jun 2005	0	7,020	52.33	7.38	$51,815
May 2005	0	7,191	45.22	6.65	$47,828
Apr 2005	0	7,266	49.20	7.36	$53,481
Mar 2005	0	7,741	50.37	7.15	$55,386
Feb 2005	0	7,119	45.22	6.31	$44,935
Jan 2005	0	8,219	43.16	6.32	$51,962
Dec 2004	0	7,996	39.86	6.75	$53,982
Nov 2004	0	7,869	45.28	6.33	$49,814
Oct 2004	0	8,501	49.70	6.52	$55,385
Sep 2004	0	7,142	43.24	5.28	$37,738
Aug 2004	0	7,951	42.37	5.55	$44,133
Jul 2004	0	7,481	38.28	6.08	$45,516
Jun 2004	0	7,544	36.10	6.43	$48,531
May 2004	0	7,958	37.48	6.49	$51,684
Apr 2004	0	7,987	34.47	5.86	$46,792
Mar 2004	0	8,439	34.36	5.53	$46,669
Feb 2004	0	7,973	32.45	5.51	$43,928
Jan 2004	0	8,889	32.03	6.30	$55,998
Dec 2003	0	8,956	30.26	6.30	$56,437
Nov 2003	0	8,970	28.80	4.60	$41,219
Oct 2003	0	9,416	28.17	4.76	$44,817
Sep 2003	0	10,183	26.31	4.75	$48,363
Aug 2003	0	8,979	29.76	5.13	$46,060
Jul 2003	0	13,440	29.41	5.17	$69,496
Jun 2003	0	4,454	28.56	5.98	$26,648
May 2003	0	11,271	26.59	5.97	$67,318
Apr 2003	0	11,915	26.67	5.41	$64,428
Mar 2003	0	12,611	31.14	6.10	$76,877
Feb 2003	0	12,201	33.48	7.93	$96,704
Jan 2003	0	14,810	30.31	5.58	$82,670
Dec 2002	0	16,737	26.91	4.85	$81,237
Nov 2002	0	18,210	24.66	4.14	$75,334
Oct 2002	0	1,997	26.46	4.23	$8,446
Sep 2002	0	4,153	27.44	3.64	$15,097
Aug 2002	0	2,746	25.96	3.16	$8,689
Jul 2002	0	4,733	24.58	3.06	$14,491
Jun 2002	0	4,528	23.73	3.34	$15,116
May 2002	0	2,133	24.66	3.58	$7,645
Apr 2002	0	2,733	23.65	3.51	$9,599
Mar 2002	0	2,712	22.00	3.10	$8,415
Feb 2002	0	2,840	18.22	2.38	$6,747
Jan 2002	0	3,873	17.17	2.38	$9,201
Dec 2001	0	4,149	16.93	2.36	$9,810
Nov 2001	0	4,194	18.07	2.41	$10,089
Oct 2001	0	4,897	19.78	2.53	$12,384
Sep 2001	0	5,430	24.26	2.25	$12,225
Aug 2001	0	5,966	24.87	3.05	$18,215
Jul 2001	0	5,828	23.93	3.20	$18,633
Jun 2001	0	6,895	24.56	3.82	$26,368
May 2001	0	9,122	25.52	4.31	$39,291
Apr 2001	0	4,294	24.68	5.34	$22,910
Mar 2001	7	6,078	24.54	5.38	$32,850
Feb 2001	0	4,787	27.75	5.77	$27,607
Jan 2001	0	6,041	27.47	8.40	$50,737
Dec 2000	0	8,011	26.88	9.12	$73,080
Nov 2000	0	7,247	32.21	5.66	$41,004
Oct 2000	0	8,335	31.23	5.15	$42,888
Sep 2000	0	9,026	31.87	5.19	$46,813
Aug 2000	0	9,503	29.64	4.54	$43,151
Jul 2000	0	5,468	28.53	4.09	$22,363
Jun 2000	0	6,112	29.30	4.40	$26,876
May 2000	0	7,078	27.26	3.68	$26,045
Apr 2000	0	6,693	24.51	3.12	$20,855
Mar 2000	0	7,631	28.42	2.86	$21,823
Feb 2000	0	7,945	27.62	2.73	$21,662
Jan 2000	0	8,081	25.27	2.48	$20,045
Dec 1999	0	9,256	24.28	2.42	$22,434
Nov 1999	0	8,101	23.19	2.43	$19,718
Oct 1999	0	9,244	20.98	2.80	$25,918
Sep 1999	0	9,428	21.75	2.62	$24,691
Aug 1999	0	8,929	19.26	2.88	$25,676
Jul 1999	5	10,444	17.89	2.37	$24,866
Jun 1999	0	11,151	15.94	2.36	$26,340
May 1999	0	12,258	15.79	2.32	$28,451
Apr 1999	0	11,945	15.10	2.21	$26,375
Mar 1999	0	13,752	12.47	1.84	$25,281
Feb 1999	0	13,589	9.98	1.82	$24,702
Jan 1999	8	16,083	10.38	1.90	$30,640
Dec 1998	7	18,900	9.20	1.77	$33,580
Nov 1998	10	22,036	10.89	2.19	$48,273
Oct 1998	21	29,099	12.42	1.97	$57,563
Sep 1998	0	5,208	12.59	2.08	$10,846
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$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.

May 2026 — as filed, then multipliedworked

Condensate             0 bbl  × $106.41 =         $0
Gas                  685 Mcf  × $  3.05 =     $2,086

────────────────────────────────────────────────────
Month total                                   $2,086

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/169453 is the state's own key, not one this site invented.