ELIZABETH

Name: ELIZABETH lease production and value, Feb 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BKM PRODUCTION (P-5 72533) in the PERRIN, N. AFB (BAKER SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29128District 09Field 70642100OilCasinghead gasSave Export

Value, all time

$7.4 M

Feb 1996 – May 2026

Value, last 12 filed months

$340 k

at the published price for each month

Months reported

364

no gaps in the span

Streams

oil, casinghead gas

The PERRIN, N. AFB (BAKER SD) 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 27 leases and 28 wells, and the rule below applies to all of them.

Discovered

1984-02-27

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1986-04-01.

The Commission's schedule remark for this field reads: “RULES AMENDED AND MADE PERMANENT PER DCKT. #9-86,456.”

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
Oil	Disposition	138,422 bbl	$6,621,121
Casinghead gas	Production	197,049 Mcf	$791,246
Total			$7,412,367

4,110 Mcf of this lease's gas, across 10 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 33.7378, -96.7022. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.73777, -96.70219 · 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

10,685 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 10,685 ft.

Completions filed

Feb 2015

1 of 1 wells

1 well


42-18130991	1 A	10,685 ft	Feb 2015	—	—

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 (364)

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

364 months


May 2026	364	420	106.41	3.05	$40,012
Apr 2026	352	398	98.93	2.87	$35,966
Mar 2026	349	419	89.75	3.15	$32,642
Feb 2026	557	365	63.50	3.75	$36,738
Jan 2026	364	383	59.13	8.00	$24,587
Dec 2025	179	417	56.66	4.41	$11,983
Nov 2025	369	424	58.59	3.93	$23,285
Oct 2025	545	447	59.38	3.30	$33,839
Sep 2025	376	442	62.74	3.08	$24,950
Aug 2025	177	492	63.93	3.01	$12,799
Jul 2025	525	475	66.74	3.32	$36,613
Jun 2025	375	424	66.48	3.13	$26,257
May 2025	358	474	60.55	3.23	$23,209
Apr 2025	369	464	62.36	3.54	$24,655
Mar 2025	361	488	67.70	4.27	$26,523
Feb 2025	371	426	70.88	4.34	$28,146
Jan 2025	541	472	74.32	4.28	$42,227
Dec 2024	343	460	68.99	3.12	$25,099
Nov 2024	535	463	69.05	2.20	$37,960
Oct 2024	348	471	71.37	2.28	$25,911
Sep 2024	353	512	69.61	2.36	$25,783
Aug 2024	532	520	75.63	2.06	$41,308
Jul 2024	349	511	79.93	2.15	$28,992
Jun 2024	347	456	78.08	2.63	$28,295
May 2024	364	483	78.81	2.20	$29,749
Apr 2024	542	476	84.45	1.66	$46,562
Mar 2024	356	501	80.30	1.55	$29,361
Feb 2024	529	472	76.09	1.78	$41,093
Jan 2024	429	528	73.02	3.30	$33,067
Dec 2023	354	561	71.26	2.61	$26,691
Nov 2023	356	312	77.89	2.81	$28,605
Oct 2023	504	515	85.44	3.09	$44,652
Sep 2023	334	464	89.04	2.74	$31,008
Aug 2023	489	496	80.52	2.67	$40,700
Jul 2023	332	515	74.85	2.64	$26,211
Jun 2023	333	494	68.96	2.26	$24,079
May 2023	501	509	70.62	2.23	$36,514
Apr 2023	500	527	78.12	2.24	$40,239
Mar 2023	332	496	72.85	2.39	$25,373
Feb 2023	344	485	75.11	2.47	$27,034
Jan 2023	493	522	76.53	3.39	$39,498
Dec 2022	491	682	76.41	5.73	$41,425
Nov 2022	342	679	85.00	5.65	$32,904
Oct 2022	474	525	87.18	5.86	$44,402
Sep 2022	338	557	84.88	8.16	$33,237
Aug 2022	318	557	94.52	9.13	$35,141
Jul 2022	492	486	101.58	7.54	$53,643
Jun 2022	464	450	115.09	7.98	$56,992
May 2022	310	465	109.37	8.43	$37,826
Apr 2022	476	462	104.22	6.84	$52,768
Mar 2022	315	542	108.88	5.08	$37,049
Feb 2022	336	510	91.05	4.86	$33,071
Jan 2022	506	545	81.84	4.54	$43,884
Dec 2021	469	455	71.32	3.90	$35,223
Nov 2021	324	457	77.43	5.24	$27,481
Oct 2021	314	475	79.79	5.71	$27,768
Sep 2021	178	490	69.86	5.35	$15,057
Aug 2021	300	470	66.02	4.22	$21,790
Jul 2021	328	479	70.78	3.98	$25,123
Jun 2021	635	491	69.49	3.38	$45,786
May 2021	158	381	63.48	3.02	$11,180
Apr 2021	477	486	60.36	2.76	$30,132
Mar 2021	494	501	61.30	2.72	$31,643
Feb 2021	482	412	57.80	5.55	$30,145
Jan 2021	470	545	50.41	2.81	$25,224
Dec 2020	488	539	44.64	2.68	$23,226
Nov 2020	470	542	38.77	2.71	$19,689
Oct 2020	483	742	36.97	2.48	$19,696
Sep 2020	483	716	37.09	1.99	$19,340
Aug 2020	320	668	39.98	2.39	$14,387
Jul 2020	312	718	38.37	1.83	$13,282
Jun 2020	650	800	34.90	1.69	$24,037
May 2020	317	810	16.92	1.81	$6,834
Apr 2020	317	785	14.75	1.80	$6,092
Mar 2020	466	770	30.34	1.86	$15,568
Feb 2020	318	700	49.88	1.98	$17,248
Jan 2020	633	776	57.25	2.09	$37,865
Dec 2019	315	775	59.01	2.30	$20,374
Nov 2019	316	750	55.30	2.75	$19,538
Oct 2019	467	775	53.47	2.42	$26,845
Sep 2019	313	736	55.05	2.66	$19,186
Aug 2019	467	783	53.11	2.30	$26,607
Jul 2019	471	723	56.27	2.46	$28,282
Jun 2019	783	721	52.78	2.49	$43,123
May 2019	315	634	58.48	2.74	$20,159
Apr 2019	313	600	62.63	2.75	$21,254
Mar 2019	469	775	56.80	3.06	$29,012
Feb 2019	158	700	50.85	2.79	$9,989
Jan 2019	620	745	46.03	3.23	$30,944
Dec 2018	475	745	46.59	4.19	$25,248
Nov 2018	312	720	52.93	4.24	$19,565
Oct 2018	309	775	61.44	3.40	$21,618
Sep 2018	469	857	59.54	3.11	$30,588
Aug 2018	465	943	59.40	3.07	$30,513
Jul 2018	323	814	65.14	2.93	$23,427
Jun 2018	467	774	60.18	3.08	$30,486
May 2018	471	839	65.38	2.90	$33,228
Apr 2018	466	706	63.84	2.90	$31,797
Mar 2018	476	839	61.22	2.79	$31,479
Feb 2018	312	769	61.78	2.77	$21,403
Jan 2018	481	270	62.87	4.01	$31,323
Dec 2017	472	902	57.27	2.92	$29,667
Nov 2017	474	942	55.42	3.12	$29,207
Oct 2017	473	895	49.29	2.98	$25,985
Sep 2017	621	514	47.52	3.09	$31,097
Aug 2017	477	884	45.37	3.00	$24,297
Jul 2017	480	920	43.87	3.09	$23,898
Jun 2017	318	819	42.49	3.09	$16,040
May 2017	637	1,033	45.37	3.26	$32,272
Apr 2017	320	867	47.93	3.21	$18,122
Mar 2017	641	932	46.77	2.98	$32,760
Feb 2017	0	903	50.45	2.95	$2,666
Jan 2017	632	1,121	49.41	3.42	$35,060
Dec 2016	297	1,198	48.76	3.72	$18,942
Nov 2016	314	724	42.49	2.64	$15,256
Oct 2016	480	1,029	46.19	3.09	$25,351
Sep 2016	325	753	41.55	3.10	$15,839
Aug 2016	491	913	41.44	2.92	$23,017
Jul 2016	325	936	41.62	2.92	$16,264
Jun 2016	481	934	45.35	2.69	$24,322
May 2016	485	1,066	42.52	1.99	$22,745
Apr 2016	466	850	36.56	1.99	$18,729
Mar 2016	480	942	33.01	1.79	$17,535
Feb 2016	476	903	26.47	2.06	$14,463
Jan 2016	473	782	27.35	2.36	$14,785
Dec 2015	477	930	32.36	2.00	$17,297
Nov 2015	477	983	38.79	2.17	$20,633
Oct 2015	477	883	43.55	2.43	$22,916
Sep 2015	165	835	42.99	2.76	$9,397
Aug 2015	644	940	40.16	2.87	$28,563
Jul 2015	485	1,122	48.15	2.95	$26,657
Jun 2015	323	427	56.15	2.88	$19,367
May 2015	637	868	55.21	2.96	$37,734
Apr 2015	472	738	49.82	2.71	$25,512
Mar 2015	0	286	42.89	2.93	$839
Feb 2015	150	120	44.66	2.98	$7,056
Jan 2015	0	50	43.43	3.10	$155
Dec 2014	311	214	54.69	3.59	$17,777
Nov 2014	0	211	70.46	4.25	$897
Oct 2014	164	181	78.30	3.90	$13,547
Sep 2014	171	167	86.16	4.05	$15,409
Aug 2014	180	174	89.39	4.04	$16,792
Jul 2014	166	171	96.56	4.18	$16,744
Jun 2014	166	157	98.16	4.74	$17,038
May 2014	173	198	94.73	4.73	$17,324
Apr 2014	0	173	95.94	4.81	$832
Mar 2014	674	188	95.89	5.06	$65,581
Feb 2014	0	184	97.40	6.19	$1,139
Jan 2014	367	199	90.40	4.86	$34,144
Dec 2013	0	196	91.82	4.35	$853
Nov 2013	0	250	88.85	3.74	$935
Oct 2013	334	251	97.42	3.78	$33,487
Sep 2013	325	226	104.11	3.72	$34,676
Aug 2013	169	228	104.25	3.52	$18,421
Jul 2013	166	210	102.52	3.72	$17,799
Jun 2013	165	236	94.40	3.93	$16,504
May 2013	177	241	94.83	4.15	$17,785
Apr 2013	331	222	93.96	4.28	$32,051
Mar 2013	0	264	93.62	3.91	$1,033
Feb 2013	178	240	91.23	3.42	$17,060
Jan 2013	173	259	91.60	3.42	$16,733
Dec 2012	178	260	86.77	3.42	$16,334
Nov 2012	176	231	86.95	3.62	$16,141
Oct 2012	187	247	89.38	3.40	$17,554
Sep 2012	182	233	94.67	2.92	$17,910
Aug 2012	166	245	92.66	2.91	$16,094
Jul 2012	366	241	85.13	3.02	$31,886
Jun 2012	0	249	79.82	2.52	$627
May 2012	183	257	91.61	2.49	$17,404
Apr 2012	346	257	101.65	2.00	$35,684
Mar 2012	0	272	105.05	2.22	$604
Feb 2012	347	276	101.10	2.57	$35,791
Jan 2012	161	299	98.09	2.73	$16,610
Dec 2011	341	276	96.87	3.24	$33,927
Nov 2011	0	297	95.72	3.31	$983
Oct 2011	318	307	84.98	3.65	$28,144
Sep 2011	0	118	83.62	3.99	$470
Aug 2011	326	265	83.40	4.15	$28,288
Jul 2011	319	256	94.14	4.52	$31,187
Jun 2011	0	236	92.90	4.64	$1,095
May 2011	318	322	98.13	4.40	$32,624
Apr 2011	0	358	105.96	4.33	$1,551
Mar 2011	643	345	96.36	4.06	$63,359
Feb 2011	0	280	85.64	4.18	$1,170
Jan 2011	0	333	86.50	4.59	$1,528
Dec 2010	317	325	85.73	4.35	$28,589
Nov 2010	319	321	80.84	3.80	$27,006
Oct 2010	0	344	78.10	3.51	$1,207
Sep 2010	320	310	72.63	3.98	$24,475
Aug 2010	0	219	73.68	4.42	$968
Jul 2010	317	283	72.55	4.74	$24,339
Jun 2010	317	238	70.36	4.91	$23,473
May 2010	0	291	71.12	4.24	$1,232
Apr 2010	322	223	81.69	4.12	$27,224
Mar 2010	318	346	78.39	4.39	$26,447
Feb 2010	0	278	73.58	5.44	$1,513
Jan 2010	314	346	74.36	5.96	$25,413
Dec 2009	317	302	71.44	5.48	$24,303
Nov 2009	0	318	74.59	3.75	$1,193
Oct 2009	318	300	72.54	4.11	$24,301
Sep 2009	0	303	65.54	3.06	$929
Aug 2009	319	403	67.42	3.22	$22,804
Jul 2009	0	314	61.13	3.46	$1,088
Jun 2009	320	277	66.16	3.90	$22,250
May 2009	321	337	54.74	3.93	$18,895
Apr 2009	317	210	46.77	3.59	$15,579
Mar 2009	0	281	42.14	4.06	$1,141
Feb 2009	642	220	32.81	4.63	$22,083
Jan 2009	0	251	35.86	5.37	$1,348
Dec 2008	0	335	37.10	5.98	$2,002
Nov 2008	321	323	55.49	6.86	$20,028
Oct 2008	321	399	75.24	6.92	$26,914
Sep 2008	318	314	101.76	7.88	$34,833
Aug 2008	0	413	114.22	8.48	$3,503
Jul 2008	325	356	131.08	11.39	$46,656
Jun 2008	322	359	131.33	13.03	$46,967
May 2008	0	448	123.17	11.57	$5,185
Apr 2008	641	250	110.31	10.45	$73,322
Mar 2008	0	356	101.90	9.66	$3,440
Feb 2008	328	331	92.53	8.77	$33,253
Jan 2008	0	468	90.38	8.21	$3,840
Dec 2007	314	398	88.33	7.30	$30,642
Nov 2007	323	462	91.67	7.29	$32,978
Oct 2007	321	422	82.85	6.92	$29,516
Sep 2007	326	352	75.84	6.24	$26,922
Aug 2007	0	523	69.06	6.39	$3,341
Jul 2007	332	452	70.90	6.39	$26,426
Jun 2007	0	146	62.00	7.55	$1,102
May 2007	325	371	58.74	7.85	$22,001
Apr 2007	0	536	59.61	7.81	$4,184
Mar 2007	440	455	56.92	7.30	$28,367
Feb 2007	0	391	55.10	8.22	$3,212
Jan 2007	327	520	50.30	6.73	$19,946
Dec 2006	323	446	56.65	6.92	$21,384
Nov 2006	490	489	54.20	7.62	$30,283
Oct 2006	0	628	54.90	6.01	$3,777
Sep 2006	321	589	60.08	5.04	$22,253
Aug 2006	0	469	68.71	7.34	$3,442
Jul 2006	487	464	69.37	6.34	$36,726
Jun 2006	314	501	66.28	6.38	$24,010
May 2006	327	448	66.01	6.42	$24,464
Apr 2006	0	586	64.39	7.36	$4,313
Mar 2006	324	593	56.70	7.08	$22,571
Feb 2006	324	385	57.59	7.75	$21,643
Jan 2006	323	604	60.59	8.93	$24,966
Dec 2005	324	425	54.94	13.42	$23,502
Nov 2005	0	511	54.69	10.59	$5,411
Oct 2005	327	848	58.34	13.80	$30,776
Sep 2005	323	553	61.45	12.08	$26,528
Aug 2005	325	615	61.51	9.80	$26,016
Jul 2005	0	559	55.69	7.84	$4,385
Jun 2005	319	560	52.33	7.38	$20,827
May 2005	327	517	45.22	6.65	$18,226
Apr 2005	322	536	49.20	7.36	$19,788
Mar 2005	316	581	50.37	7.15	$20,074
Feb 2005	326	601	45.22	6.31	$18,535
Jan 2005	0	638	43.16	6.32	$4,034
Dec 2004	637	658	39.86	6.75	$29,833
Nov 2004	0	612	45.28	6.33	$3,874
Oct 2004	319	682	49.70	6.52	$20,298
Sep 2004	323	590	43.24	5.28	$17,084
Aug 2004	318	676	42.37	5.55	$17,226
Jul 2004	322	650	38.28	6.08	$16,281
Jun 2004	0	689	36.10	6.43	$4,432
May 2004	320	709	37.48	6.49	$16,598
Apr 2004	325	716	34.47	5.86	$15,397
Mar 2004	324	731	34.36	5.53	$15,175
Feb 2004	319	698	32.45	5.51	$14,197
Jan 2004	320	748	32.03	6.30	$14,962
Dec 2003	319	729	30.26	6.30	$14,247
Nov 2003	319	769	28.80	4.60	$12,721
Oct 2003	328	806	28.17	4.76	$13,076
Sep 2003	320	733	26.31	4.75	$11,900
Aug 2003	325	745	29.76	5.13	$13,494
Jul 2003	486	782	29.41	5.17	$18,337
Jun 2003	164	708	28.56	5.98	$8,920
May 2003	330	743	26.59	5.97	$13,212
Apr 2003	332	721	26.67	5.41	$12,753
Mar 2003	332	850	31.14	6.10	$15,520
Feb 2003	393	732	33.48	7.93	$18,959
Jan 2003	304	820	30.31	5.58	$13,792
Dec 2002	319	827	26.91	4.85	$12,598
Nov 2002	327	779	24.66	4.14	$11,287
Oct 2002	326	808	26.46	4.23	$12,043
Sep 2002	490	760	27.44	3.64	$16,208
Aug 2002	165	729	25.96	3.16	$6,590
Jul 2002	331	704	24.58	3.06	$10,291
Jun 2002	313	609	23.73	3.34	$9,460
May 2002	329	748	24.66	3.58	$10,794
Apr 2002	649	675	23.65	3.51	$17,720
Mar 2002	0	816	22.00	3.10	$2,532
Feb 2002	663	830	18.22	2.38	$14,052
Jan 2002	337	889	17.17	2.38	$7,898
Dec 2001	495	899	16.93	2.36	$10,506
Nov 2001	335	983	18.07	2.41	$8,418
Oct 2001	328	1,050	19.78	2.53	$9,143
Sep 2001	333	1,065	24.26	2.25	$10,476
Aug 2001	662	652	24.87	3.05	$18,455
Jul 2001	331	1,031	23.93	3.20	$11,217
Jun 2001	643	961	24.56	3.82	$19,467
May 2001	655	1,185	25.52	4.31	$21,820
Apr 2001	0	997	24.68	5.34	$5,319
Mar 2001	344	980	24.54	5.38	$13,711
Feb 2001	698	835	27.75	5.77	$24,185
Jan 2001	185	996	27.47	8.40	$13,447
Dec 2000	559	951	26.88	9.12	$23,701
Nov 2000	707	925	32.21	5.66	$28,006
Oct 2000	588	830	31.23	5.15	$22,634
Sep 2000	337	320	31.87	5.19	$12,400
Aug 2000	335	618	29.64	4.54	$12,736
Jul 2000	689	484	28.53	4.09	$21,637
Jun 2000	0	498	29.30	4.40	$2,190
May 2000	730	730	27.26	3.68	$22,586
Apr 2000	589	686	24.51	3.12	$16,574
Mar 2000	186	707	28.42	2.86	$7,308
Feb 2000	375	668	27.62	2.73	$12,179
Jan 2000	558	763	25.27	2.48	$15,993
Dec 1999	381	653	24.28	2.42	$10,833
Nov 1999	753	706	23.19	2.43	$19,180
Oct 1999	380	736	20.98	2.80	$10,036
Sep 1999	348	669	21.75	2.62	$9,321
Aug 1999	759	741	19.26	2.88	$16,749
Jul 1999	704	677	17.89	2.37	$14,201
Jun 1999	188	745	15.94	2.36	$4,756
May 1999	931	791	15.79	2.32	$16,536
Apr 1999	384	608	15.10	2.21	$7,141
Mar 1999	682	674	12.47	1.84	$9,744
Feb 1999	526	421	9.98	1.82	$6,015
Jan 1999	569	594	10.38	1.90	$7,035
Dec 1998	546	530	9.20	1.77	$5,963
Nov 1998	577	518	10.89	2.19	$7,416
Oct 1998	742	345	12.42	1.97	$9,895
Sep 1998	339	125	12.59	2.08	$4,528
Aug 1998	499	369	11.30	1.91	$6,343
Jul 1998	683	387	11.74	2.24	$8,884
Jun 1998	329	413	11.24	2.24	$4,622
May 1998	697	394	12.62	2.21	$9,665
Apr 1998	1,032	370	13.04	2.51	$14,384
Mar 1998	0	410	12.80	2.31	$947
Feb 1998	744	231	13.95	2.30	$10,910
Jan 1998	722	348	14.70	2.15	$11,363
Dec 1997	716	381	16.32	2.41	$12,604
Nov 1997	364	483	18.19	3.09	$8,113
Oct 1997	722	409	19.25	3.15	$15,187
Sep 1997	936	848	17.74	2.95	$19,110
Aug 1997	745	705	17.86	2.55	$15,107
Jul 1997	752	505	17.58	2.25	$14,355
Jun 1997	974	460	17.24	2.26	$17,830
May 1997	772	385	18.97	2.31	$15,534
Apr 1997	852	207	17.88	2.08	$15,665
Mar 1997	1,750	345	18.95	1.94	$33,832
Feb 1997	532	423	20.49	2.21	$11,834
Jan 1997	698	423	23.48	3.54	$17,886
Dec 1996	724	376	23.32	—	$16,884
Nov 1996	872	274	21.97	—	$19,158
Oct 1996	695	446	23.31	—	$16,200
Sep 1996	898	377	22.22	—	$19,954
Aug 1996	1,045	439	20.26	—	$21,172
Jul 1996	1,399	331	19.55	—	$27,350
Jun 1996	895	440	18.73	—	$16,763
May 1996	1,586	624	19.43	—	$30,816
Apr 1996	2,174	574	21.51	—	$46,763
Mar 1996	788	229	19.38	—	$15,271
Feb 1996	0	0	16.98	—	$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

Oil                  364 bbl  × $106.41 =    $38,733
Casinghead gas       420 Mcf  × $  3.05 =     $1,279

────────────────────────────────────────────────────
Month total                                  $40,012

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/O/29128 is the state's own key, not one this site invented.