ELIZABETH

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

Operated by MEWBOURNE OIL COMPANY (P-5 562560) in the GIBSON CREEK (MORROW, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138072District 10Field 34698500NGPA filingCondensateGasSave Export

Value, all time

$2.4 M

Jan 1993 – May 2021

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

341

no gaps in the span

Streams

condensate, gas

The GIBSON CREEK (MORROW, UPPER) 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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered

1982-06-09

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 SUSPENDED EFF. 8/1/93”

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	7,144 bbl	$150,271
Gas	Production	1,532,773 Mcf	$2,261,765
Total			$2,412,036

941,265 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 36.1707, -100.5485. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.17069, -100.54853 · 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

9,750 ft

1 wells filed one

Completion to plug

30.2 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 9,750 ft.

Completions filed

Mar 1991

1 of 1 wells

Plug dates filed

May 2021

1 of 1 wells

Last completion to plug: a median of 30.2 years across the 1 well that filed both dates, with the middle half between 30.2 years and 30.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35731964	1	9,750 ft	Mar 1991	May 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 (341)

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

341 months


May 2021	80	0	63.48	3.02	$5,078
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	116	0	53.47	2.42	$6,203
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	1	56.27	2.46	$2
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	39	50.85	2.79	$109
Jan 2019	0	31	46.03	3.23	$100
Dec 2018	0	332	46.59	4.19	$1,390
Nov 2018	0	576	52.93	4.24	$2,441
Oct 2018	0	251	61.44	3.40	$853
Sep 2018	0	470	59.54	3.11	$1,461
Aug 2018	0	562	59.40	3.07	$1,723
Jul 2018	0	695	65.14	2.93	$2,038
Jun 2018	0	661	60.18	3.08	$2,034
May 2018	0	672	65.38	2.90	$1,949
Apr 2018	0	673	63.84	2.90	$1,952
Mar 2018	0	764	61.22	2.79	$2,129
Feb 2018	0	652	61.78	2.77	$1,804
Jan 2018	0	771	62.87	4.01	$3,091
Dec 2017	0	860	57.27	2.92	$2,513
Nov 2017	0	836	55.42	3.12	$2,607
Oct 2017	0	981	49.29	2.98	$2,927
Sep 2017	0	466	47.52	3.09	$1,439
Aug 2017	0	803	45.37	3.00	$2,413
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	677	42.49	3.09	$2,090
May 2017	0	912	45.37	3.26	$2,976
Apr 2017	0	1,032	47.93	3.21	$3,314
Mar 2017	0	952	46.77	2.98	$2,840
Feb 2017	0	943	50.45	2.95	$2,784
Jan 2017	0	1,300	49.41	3.42	$4,444
Dec 2016	0	1,349	48.76	3.72	$5,022
Nov 2016	0	915	42.49	2.64	$2,420
Oct 2016	0	1,022	46.19	3.09	$3,158
Sep 2016	0	1,028	41.55	3.10	$3,187
Aug 2016	0	1,004	41.44	2.92	$2,936
Jul 2016	0	825	41.62	2.92	$2,413
Jun 2016	0	705	45.35	2.69	$1,894
May 2016	0	965	42.52	1.99	$1,921
Apr 2016	0	818	36.56	1.99	$1,629
Mar 2016	0	974	33.01	1.79	$1,747
Feb 2016	0	802	26.47	2.06	$1,655
Jan 2016	0	637	27.35	2.36	$1,506
Dec 2015	0	757	32.36	2.00	$1,515
Nov 2015	0	1,412	38.79	2.17	$3,060
Oct 2015	0	907	43.55	2.43	$2,201
Sep 2015	0	1,125	42.99	2.76	$3,103
Aug 2015	0	1,116	40.16	2.87	$3,206
Jul 2015	0	1,000	48.15	2.95	$2,945
Jun 2015	0	754	56.15	2.88	$2,174
May 2015	0	962	55.21	2.96	$2,843
Apr 2015	0	1,512	49.82	2.71	$4,092
Mar 2015	0	1,297	42.89	2.93	$3,806
Feb 2015	0	1,008	44.66	2.98	$3,000
Jan 2015	0	937	43.43	3.10	$2,905
Dec 2014	184	753	54.69	3.59	$12,767
Nov 2014	0	806	70.46	4.25	$3,427
Oct 2014	0	295	78.30	3.90	$1,151
Sep 2014	0	874	86.16	4.05	$3,536
Aug 2014	0	923	89.39	4.04	$3,724
Jul 2014	0	854	96.56	4.18	$3,569
Jun 2014	0	875	98.16	4.74	$4,145
May 2014	0	745	94.73	4.73	$3,521
Apr 2014	0	825	95.94	4.81	$3,968
Mar 2014	0	765	95.89	5.06	$3,868
Feb 2014	0	501	97.40	6.19	$3,102
Jan 2014	0	458	90.40	4.86	$2,226
Dec 2013	0	641	91.82	4.35	$2,791
Nov 2013	0	893	88.85	3.74	$3,338
Oct 2013	0	1,098	97.42	3.78	$4,150
Sep 2013	0	1,161	104.11	3.72	$4,316
Aug 2013	0	1,213	104.25	3.52	$4,273
Jul 2013	0	1,245	102.52	3.72	$4,629
Jun 2013	0	1,206	94.40	3.93	$4,744
May 2013	0	1,228	94.83	4.15	$5,095
Apr 2013	0	1,052	93.96	4.28	$4,505
Mar 2013	0	631	93.62	3.91	$2,469
Feb 2013	0	927	91.23	3.42	$3,170
Jan 2013	0	1,411	91.60	3.42	$4,825
Dec 2012	0	1,021	86.77	3.42	$3,492
Nov 2012	0	1,158	86.95	3.62	$4,198
Oct 2012	0	1,153	89.38	3.40	$3,920
Sep 2012	0	1,187	94.67	2.92	$3,464
Aug 2012	0	1,161	92.66	2.91	$3,376
Jul 2012	0	1,288	85.13	3.02	$3,891
Jun 2012	0	1,133	79.82	2.52	$2,854
May 2012	0	974	91.61	2.49	$2,424
Apr 2012	0	962	101.65	2.00	$1,921
Mar 2012	0	892	105.05	2.22	$1,982
Feb 2012	0	731	101.10	2.57	$1,879
Jan 2012	0	742	98.09	2.73	$2,029
Dec 2011	0	745	96.87	3.24	$2,414
Nov 2011	0	819	95.72	3.31	$2,712
Oct 2011	0	839	84.98	3.65	$3,061
Sep 2011	0	814	83.62	3.99	$3,244
Aug 2011	0	856	83.40	4.15	$3,552
Jul 2011	0	937	94.14	4.52	$4,233
Jun 2011	0	899	92.90	4.64	$4,171
May 2011	0	880	98.13	4.40	$3,876
Apr 2011	0	921	105.96	4.33	$3,991
Mar 2011	0	1,054	96.36	4.06	$4,276
Feb 2011	0	791	85.64	4.18	$3,306
Jan 2011	0	1,079	86.50	4.59	$4,951
Dec 2010	0	826	85.73	4.35	$3,591
Nov 2010	0	1,140	80.84	3.80	$4,327
Oct 2010	0	902	78.10	3.51	$3,165
Sep 2010	0	788	72.63	3.98	$3,136
Aug 2010	0	893	73.68	4.42	$3,946
Jul 2010	0	974	72.55	4.74	$4,613
Jun 2010	0	933	70.36	4.91	$4,581
May 2010	0	1,046	71.12	4.24	$4,430
Apr 2010	0	908	81.69	4.12	$3,743
Mar 2010	0	1,117	78.39	4.39	$4,902
Feb 2010	0	1,358	73.58	5.44	$7,391
Jan 2010	0	1,790	74.36	5.96	$10,676
Dec 2009	0	1,056	71.44	5.48	$5,791
Nov 2009	0	1,003	74.59	3.75	$3,763
Oct 2009	0	1,100	72.54	4.11	$4,521
Sep 2009	0	1,018	65.54	3.06	$3,120
Aug 2009	0	1,142	67.42	3.22	$3,676
Jul 2009	0	1,237	61.13	3.46	$4,286
Jun 2009	0	1,192	66.16	3.90	$4,643
May 2009	0	1,493	54.74	3.93	$5,861
Apr 2009	0	1,247	46.77	3.59	$4,474
Mar 2009	0	1,303	42.14	4.06	$5,289
Feb 2009	0	997	32.81	4.63	$4,619
Jan 2009	0	801	35.86	5.37	$4,302
Dec 2008	0	1,065	37.10	5.98	$6,366
Nov 2008	0	1,240	55.49	6.86	$8,507
Oct 2008	0	1,339	75.24	6.92	$9,269
Sep 2008	0	776	101.76	7.88	$6,113
Aug 2008	0	1,092	114.22	8.48	$9,263
Jul 2008	0	1,167	131.08	11.39	$13,291
Jun 2008	0	952	131.33	13.03	$12,407
May 2008	0	1,138	123.17	11.57	$13,172
Apr 2008	0	1,281	110.31	10.45	$13,393
Mar 2008	0	1,301	101.90	9.66	$12,573
Feb 2008	0	930	92.53	8.77	$8,157
Jan 2008	0	1,118	90.38	8.21	$9,174
Dec 2007	0	159	88.33	7.30	$1,161
Nov 2007	0	768	91.67	7.29	$5,600
Oct 2007	0	1,214	82.85	6.92	$8,403
Sep 2007	0	1,279	75.84	6.24	$7,986
Aug 2007	0	1,391	69.06	6.39	$8,886
Jul 2007	0	1,412	70.90	6.39	$9,020
Jun 2007	0	1,192	62.00	7.55	$8,998
May 2007	185	1,278	58.74	7.85	$20,894
Apr 2007	0	1,349	59.61	7.81	$10,529
Mar 2007	0	1,403	56.92	7.30	$10,245
Feb 2007	0	1,735	55.10	8.22	$14,255
Jan 2007	0	1,423	50.30	6.73	$9,572
Dec 2006	0	1,635	56.65	6.92	$11,312
Nov 2006	0	702	54.20	7.62	$5,347
Oct 2006	0	1,596	54.90	6.01	$9,598
Sep 2006	0	1,758	60.08	5.04	$8,855
Aug 2006	0	1,551	68.71	7.34	$11,384
Jul 2006	0	1,554	69.37	6.34	$9,857
Jun 2006	0	1,526	66.28	6.38	$9,742
May 2006	0	1,763	66.01	6.42	$11,327
Apr 2006	0	1,345	64.39	7.36	$9,900
Mar 2006	0	1,497	56.70	7.08	$10,603
Feb 2006	0	1,453	57.59	7.75	$11,262
Jan 2006	0	1,564	60.59	8.93	$13,972
Dec 2005	0	1,620	54.94	13.42	$21,733
Nov 2005	0	1,722	54.69	10.59	$18,233
Oct 2005	0	1,750	58.34	13.80	$24,143
Sep 2005	0	1,667	61.45	12.08	$20,136
Aug 2005	0	1,653	61.51	9.80	$16,194
Jul 2005	0	1,667	55.69	7.84	$13,075
Jun 2005	0	1,408	52.33	7.38	$10,393
May 2005	0	1,601	45.22	6.65	$10,649
Apr 2005	0	1,730	49.20	7.36	$12,734
Mar 2005	0	1,795	50.37	7.15	$12,843
Feb 2005	0	1,322	45.22	6.31	$8,344
Jan 2005	0	1,817	43.16	6.32	$11,487
Dec 2004	0	1,902	39.86	6.75	$12,841
Nov 2004	0	1,794	45.28	6.33	$11,357
Oct 2004	0	1,916	49.70	6.52	$12,483
Sep 2004	0	1,884	43.24	5.28	$9,955
Aug 2004	0	1,890	42.37	5.55	$10,491
Jul 2004	192	2,067	38.28	6.08	$19,926
Jun 2004	0	1,731	36.10	6.43	$11,136
May 2004	0	1,808	37.48	6.49	$11,742
Apr 2004	0	2,143	34.47	5.86	$12,555
Mar 2004	0	2,114	34.36	5.53	$11,691
Feb 2004	0	1,945	32.45	5.51	$10,716
Jan 2004	0	2,210	32.03	6.30	$13,922
Dec 2003	0	1,788	30.26	6.30	$11,267
Nov 2003	0	2,022	28.80	4.60	$9,291
Oct 2003	0	2,122	28.17	4.76	$10,100
Sep 2003	0	1,991	26.31	4.75	$9,456
Aug 2003	0	1,865	29.76	5.13	$9,567
Jul 2003	0	2,113	29.41	5.17	$10,926
Jun 2003	0	2,085	28.56	5.98	$12,474
May 2003	0	2,310	26.59	5.97	$13,797
Apr 2003	0	2,155	26.67	5.41	$11,653
Mar 2003	0	2,949	31.14	6.10	$17,977
Feb 2003	0	1,971	33.48	7.93	$15,622
Jan 2003	0	2,390	30.31	5.58	$13,341
Dec 2002	186	1,947	26.91	4.85	$14,456
Nov 2002	0	2,396	24.66	4.14	$9,912
Oct 2002	0	2,595	26.46	4.23	$10,975
Sep 2002	0	2,646	27.44	3.64	$9,619
Aug 2002	0	2,462	25.96	3.16	$7,790
Jul 2002	0	2,674	24.58	3.06	$8,187
Jun 2002	0	2,680	23.73	3.34	$8,946
May 2002	0	2,921	24.66	3.58	$10,469
Apr 2002	0	2,662	23.65	3.51	$9,350
Mar 2002	0	2,940	22.00	3.10	$9,122
Feb 2002	0	2,718	18.22	2.38	$6,457
Jan 2002	0	3,172	17.17	2.38	$7,536
Dec 2001	174	3,351	16.93	2.36	$10,869
Nov 2001	0	2,883	18.07	2.41	$6,935
Oct 2001	0	3,088	19.78	2.53	$7,809
Sep 2001	0	2,074	24.26	2.25	$4,669
Aug 2001	0	1,894	24.87	3.05	$5,783
Jul 2001	0	2,621	23.93	3.20	$8,380
Jun 2001	0	2,790	24.56	3.82	$10,669
May 2001	0	2,294	25.52	4.31	$9,881
Apr 2001	0	2,774	24.68	5.34	$14,800
Mar 2001	0	2,953	24.54	5.38	$15,877
Feb 2001	0	2,646	27.75	5.77	$15,260
Jan 2001	0	3,546	27.47	8.40	$29,782
Dec 2000	0	2,661	26.88	9.12	$24,275
Nov 2000	0	3,620	32.21	5.66	$20,482
Oct 2000	10	3,731	31.23	5.15	$19,510
Sep 2000	0	3,677	31.87	5.19	$19,071
Aug 2000	0	4,427	29.64	4.54	$20,102
Jul 2000	0	4,355	28.53	4.09	$17,811
Jun 2000	176	4,425	29.30	4.40	$24,615
May 2000	0	4,785	27.26	3.68	$17,608
Apr 2000	0	4,694	24.51	3.12	$14,627
Mar 2000	0	5,182	28.42	2.86	$14,819
Feb 2000	0	5,225	27.62	2.73	$14,246
Jan 2000	0	3,549	25.27	2.48	$8,803
Dec 1999	0	4,188	24.28	2.42	$10,151
Nov 1999	188	4,068	23.19	2.43	$14,261
Oct 1999	0	4,576	20.98	2.80	$12,830
Sep 1999	0	4,604	21.75	2.62	$12,057
Aug 1999	0	5,010	19.26	2.88	$14,407
Jul 1999	0	5,185	17.89	2.37	$12,301
Jun 1999	0	5,092	15.94	2.36	$12,028
May 1999	183	5,934	15.79	2.32	$16,663
Apr 1999	0	5,607	15.10	2.21	$12,381
Mar 1999	184	5,878	12.47	1.84	$13,100
Feb 1999	0	5,966	9.98	1.82	$10,845
Jan 1999	0	6,424	10.38	1.90	$12,205
Dec 1998	0	6,163	9.20	1.77	$10,929
Nov 1998	0	5,100	10.89	2.19	$11,147
Oct 1998	0	5,787	12.42	1.97	$11,396
Sep 1998	0	5,937	12.59	2.08	$12,365
Aug 1998	0	5,487	11.30	1.91	$10,466
Jul 1998	0	6,079	11.74	2.24	$13,600
Jun 1998	0	6,255	11.24	2.24	$13,994
May 1998	0	6,197	12.62	2.21	$13,673
Apr 1998	0	6,830	13.04	2.51	$17,111
Mar 1998	0	7,359	12.80	2.31	$16,995
Feb 1998	0	6,400	13.95	2.30	$14,714
Jan 1998	0	7,537	14.70	2.15	$16,241
Dec 1997	0	8,769	16.32	2.41	$21,143
Nov 1997	0	6,836	18.19	3.09	$21,111
Oct 1997	179	8,450	19.25	3.15	$30,062
Sep 1997	0	8,578	17.74	2.95	$25,347
Aug 1997	0	9,127	17.86	2.55	$23,317
Jul 1997	0	9,693	17.58	2.25	$21,780
Jun 1997	0	9,256	17.24	2.26	$20,893
May 1997	0	10,956	18.97	2.31	$25,292
Apr 1997	191	9,481	17.88	2.08	$23,162
Mar 1997	0	10,583	18.95	1.94	$20,522
Feb 1997	0	10,061	20.49	2.21	$22,194
Jan 1997	0	10,711	23.48	3.54	$37,914
Dec 1996	0	11,411	23.32	—	$0
Nov 1996	186	10,777	21.97	—	$4,086
Oct 1996	0	12,859	23.31	—	$0
Sep 1996	0	12,660	22.22	—	$0
Aug 1996	0	10,186	20.26	—	$0
Jul 1996	179	12,637	19.55	—	$3,499
Jun 1996	0	11,124	18.73	—	$0
May 1996	0	13,867	19.43	—	$0
Apr 1996	0	14,823	21.51	—	$0
Mar 1996	182	15,091	19.38	—	$3,527
Feb 1996	0	14,317	16.98	—	$0
Jan 1996	0	12,444	17.07	—	$0
Dec 1995	180	15,811	17.19	—	$3,094
Nov 1995	0	14,111	16.00	—	$0
Oct 1995	0	12,696	15.43	—	$0
Sep 1995	185	11,736	16.18	—	$2,993
Aug 1995	0	15,094	15.92	—	$0
Jul 1995	179	11,731	15.24	—	$2,728
Jun 1995	0	15,470	16.41	—	$0
May 1995	0	15,173	17.56	—	$0
Apr 1995	186	19,207	17.73	—	$3,298
Mar 1995	0	15,004	16.44	—	$0
Feb 1995	0	17,314	16.58	—	$0
Jan 1995	189	19,169	15.92	—	$3,009
Dec 1994	0	19,563	15.03	—	$0
Nov 1994	165	20,375	15.90	—	$2,624
Oct 1994	0	19,442	15.58	—	$0
Sep 1994	184	21,834	15.29	—	$2,813
Aug 1994	0	21,526	16.13	—	$0
Jul 1994	181	24,614	17.56	—	$3,178
Jun 1994	187	24,770	17.09	—	$3,196
May 1994	0	22,851	15.88	—	$0
Apr 1994	184	25,442	14.14	—	$2,602
Mar 1994	189	24,509	12.46	—	$2,355
Feb 1994	0	23,596	12.50	—	$0
Jan 1994	183	27,740	12.66	—	$2,317
Dec 1993	180	29,465	12.33	—	$2,219
Nov 1993	186	26,246	14.49	—	$2,695
Oct 1993	184	23,607	15.85	—	$2,916
Sep 1993	0	21,584	15.03	—	$0
Aug 1993	183	27,325	15.66	—	$2,866
Jul 1993	184	29,680	15.46	—	$2,845
Jun 1993	180	28,582	16.79	—	$3,022
May 1993	177	30,035	17.68	—	$3,129
Apr 1993	180	30,522	18.05	—	$3,249
Mar 1993	175	27,050	18.14	—	$3,175
Feb 1993	177	25,856	17.90	—	$3,168
Jan 1993	371	30,339	16.93	—	$6,281

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 2021 — as filed, then multipliedworked

Condensate            80 bbl  × $ 63.48 =     $5,078
Gas                    0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $5,078

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. 10/G/138072 is the state's own key, not one this site invented.