HERNDON, EDNA J. ET AL -B-

Name: HERNDON, EDNA J. ET AL -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COURSON OIL & GAS, INC. (P-5 182785) in the ELLIS RANCH (KEYS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 22004District 10Field 28506380NGPA filingCondensateGasSave Export

Value, all time

$2.1 M

Jan 1993 – May 2021

Value, last 12 filed months

$800

at the published price for each month

Months reported

341

no gaps in the span

Streams

condensate, gas

The ELLIS RANCH (KEYS) 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 41 leases and 41 wells, and the rule below applies to all of them.

Discovered

1957-08-01

as the register files it

Field class

Gas

the register's own label

Between wells

2,500 ft

minimum

From a lease line

1,250 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED EFF. 5/1/93”

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	3,130 bbl	$110,471
Gas	Production	602,089 Mcf	$2,018,955
Total			$2,129,427

177,325 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 36.2513, -100.7160. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.25127, -100.71600 · 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

9,370 ft

1 wells filed one

Completion to plug

30.7 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 9,370 ft.

Completions filed

Sep 1990

1 of 1 wells

Plug dates filed

May 2021

1 of 1 wells

Last completion to plug: a median of 30.7 years across the 1 well that filed both dates, with the middle half between 30.7 years and 30.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35700581	1	9,370 ft	Sep 1990	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	0	0	63.48	3.02	$0
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	20	0	39.98	2.39	$800
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	11	49.88	1.98	$22
Jan 2020	0	12	57.25	2.09	$25
Dec 2019	0	12	59.01	2.30	$28
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	167	13	53.47	2.42	$8,961
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	31	53.11	2.30	$71
Jul 2019	0	1,043	56.27	2.46	$2,566
Jun 2019	0	1,399	52.78	2.49	$3,485
May 2019	3	1,492	58.48	2.74	$4,264
Apr 2019	0	1,490	62.63	2.75	$4,099
Mar 2019	0	1,140	56.80	3.06	$3,491
Feb 2019	0	1,122	50.85	2.79	$3,133
Jan 2019	0	1,172	46.03	3.23	$3,783
Dec 2018	0	1,108	46.59	4.19	$4,637
Nov 2018	2	1,266	52.93	4.24	$5,470
Oct 2018	0	1,000	61.44	3.40	$3,398
Sep 2018	0	1,248	59.54	3.11	$3,879
Aug 2018	0	1,123	59.40	3.07	$3,444
Jul 2018	0	1,059	65.14	2.93	$3,105
Jun 2018	0	1,077	60.18	3.08	$3,314
May 2018	0	1,099	65.38	2.90	$3,188
Apr 2018	0	1,024	63.84	2.90	$2,970
Mar 2018	0	1,280	61.22	2.79	$3,567
Feb 2018	0	1,096	61.78	2.77	$3,032
Jan 2018	0	1,142	62.87	4.01	$4,579
Dec 2017	0	1,221	57.27	2.92	$3,567
Nov 2017	81	1,390	55.42	3.12	$8,824
Oct 2017	0	1,782	49.29	2.98	$5,317
Sep 2017	0	2,206	47.52	3.09	$6,811
Aug 2017	0	1,481	45.37	3.00	$4,450
Jul 2017	0	1,505	43.87	3.09	$4,646
Jun 2017	0	1,373	42.49	3.09	$4,239
May 2017	0	1,280	45.37	3.26	$4,177
Apr 2017	0	1,248	47.93	3.21	$4,008
Mar 2017	0	1,369	46.77	2.98	$4,085
Feb 2017	0	1,311	50.45	2.95	$3,871
Jan 2017	0	1,108	49.41	3.42	$3,788
Dec 2016	0	1,479	48.76	3.72	$5,506
Nov 2016	0	1,723	42.49	2.64	$4,556
Oct 2016	0	1,898	46.19	3.09	$5,865
Sep 2016	0	1,432	41.55	3.10	$4,440
Aug 2016	0	1,301	41.44	2.92	$3,805
Jul 2016	0	1,312	41.62	2.92	$3,837
Jun 2016	0	1,239	45.35	2.69	$3,328
May 2016	0	1,236	42.52	1.99	$2,461
Apr 2016	0	938	36.56	1.99	$1,868
Mar 2016	0	832	33.01	1.79	$1,493
Feb 2016	0	679	26.47	2.06	$1,401
Jan 2016	0	951	27.35	2.36	$2,249
Dec 2015	166	1,270	32.36	2.00	$7,914
Nov 2015	0	1,234	38.79	2.17	$2,674
Oct 2015	0	1,399	43.55	2.43	$3,395
Sep 2015	0	1,680	42.99	2.76	$4,634
Aug 2015	0	1,299	40.16	2.87	$3,731
Jul 2015	0	821	48.15	2.95	$2,418
Jun 2015	0	1,397	56.15	2.88	$4,027
May 2015	0	1,652	55.21	2.96	$4,882
Apr 2015	0	1,742	49.82	2.71	$4,715
Mar 2015	0	1,557	42.89	2.93	$4,569
Feb 2015	0	677	44.66	2.98	$2,015
Jan 2015	0	1,386	43.43	3.10	$4,297
Dec 2014	0	1,102	54.69	3.59	$3,958
Nov 2014	0	1,137	70.46	4.25	$4,834
Oct 2014	0	1,232	78.30	3.90	$4,806
Sep 2014	0	942	86.16	4.05	$3,811
Aug 2014	0	1,225	89.39	4.04	$4,943
Jul 2014	0	1,105	96.56	4.18	$4,618
Jun 2014	0	1,390	98.16	4.74	$6,584
May 2014	0	1,531	94.73	4.73	$7,236
Apr 2014	0	1,569	95.94	4.81	$7,546
Mar 2014	0	1,753	95.89	5.06	$8,865
Feb 2014	0	1,490	97.40	6.19	$9,226
Jan 2014	0	1,684	90.40	4.86	$8,185
Dec 2013	0	1,474	91.82	4.35	$6,419
Nov 2013	0	1,719	88.85	3.74	$6,426
Oct 2013	122	1,692	97.42	3.78	$18,280
Sep 2013	0	312	104.11	3.72	$1,160
Aug 2013	0	1,928	104.25	3.52	$6,792
Jul 2013	0	2,062	102.52	3.72	$7,666
Jun 2013	0	1,874	94.40	3.93	$7,371
May 2013	0	1,191	94.83	4.15	$4,942
Apr 2013	0	359	93.96	4.28	$1,537
Mar 2013	0	586	93.62	3.91	$2,293
Feb 2013	0	977	91.23	3.42	$3,341
Jan 2013	0	1,526	91.60	3.42	$5,219
Dec 2012	0	1,471	86.77	3.42	$5,031
Nov 2012	0	1,557	86.95	3.62	$5,644
Oct 2012	0	1,916	89.38	3.40	$6,514
Sep 2012	0	1,506	94.67	2.92	$4,395
Aug 2012	0	760	92.66	2.91	$2,210
Jul 2012	138	705	85.13	3.02	$13,878
Jun 2012	0	618	79.82	2.52	$1,557
May 2012	0	1,528	91.61	2.49	$3,802
Apr 2012	0	1,541	101.65	2.00	$3,077
Mar 2012	0	1,581	105.05	2.22	$3,513
Feb 2012	0	1,526	101.10	2.57	$3,922
Jan 2012	0	1,706	98.09	2.73	$4,664
Dec 2011	0	609	96.87	3.24	$1,973
Nov 2011	0	1,716	95.72	3.31	$5,682
Oct 2011	0	1,603	84.98	3.65	$5,849
Sep 2011	0	328	83.62	3.99	$1,307
Aug 2011	0	1,474	83.40	4.15	$6,116
Jul 2011	0	1,699	94.14	4.52	$7,675
Jun 2011	0	1,670	92.90	4.64	$7,749
May 2011	0	1,711	98.13	4.40	$7,537
Apr 2011	0	1,551	105.96	4.33	$6,721
Mar 2011	0	1,590	96.36	4.06	$6,451
Feb 2011	0	1,447	85.64	4.18	$6,048
Jan 2011	0	1,648	86.50	4.59	$7,562
Dec 2010	0	2,076	85.73	4.35	$9,026
Nov 2010	0	1,652	80.84	3.80	$6,270
Oct 2010	0	1,842	78.10	3.51	$6,463
Sep 2010	0	1,839	72.63	3.98	$7,318
Aug 2010	0	1,911	73.68	4.42	$8,445
Jul 2010	0	1,230	72.55	4.74	$5,826
Jun 2010	0	1,399	70.36	4.91	$6,870
May 2010	0	1,601	71.12	4.24	$6,781
Apr 2010	0	1,699	81.69	4.12	$7,004
Mar 2010	0	1,601	78.39	4.39	$7,026
Feb 2010	0	1,264	73.58	5.44	$6,879
Jan 2010	0	1,398	74.36	5.96	$8,338
Dec 2009	0	1,688	71.44	5.48	$9,257
Nov 2009	0	1,714	74.59	3.75	$6,430
Oct 2009	0	1,924	72.54	4.11	$7,908
Sep 2009	0	1,645	65.54	3.06	$5,042
Aug 2009	0	1,910	67.42	3.22	$6,147
Jul 2009	0	1,926	61.13	3.46	$6,673
Jun 2009	0	1,860	66.16	3.90	$7,245
May 2009	0	1,855	54.74	3.93	$7,282
Apr 2009	0	2,011	46.77	3.59	$7,214
Mar 2009	0	1,925	42.14	4.06	$7,814
Feb 2009	0	1,719	32.81	4.63	$7,964
Jan 2009	0	1,713	35.86	5.37	$9,201
Dec 2008	0	1,884	37.10	5.98	$11,261
Nov 2008	0	1,175	55.49	6.86	$8,061
Oct 2008	0	1,702	75.24	6.92	$11,781
Sep 2008	0	1,860	101.76	7.88	$14,651
Aug 2008	0	1,887	114.22	8.48	$16,007
Jul 2008	0	2,029	131.08	11.39	$23,109
Jun 2008	0	1,952	131.33	13.03	$25,440
May 2008	0	2,030	123.17	11.57	$23,496
Apr 2008	0	1,765	110.31	10.45	$18,453
Mar 2008	0	1,752	101.90	9.66	$16,931
Feb 2008	0	1,555	92.53	8.77	$13,638
Jan 2008	0	1,625	90.38	8.21	$13,334
Dec 2007	0	1,910	88.33	7.30	$13,947
Nov 2007	0	1,875	91.67	7.29	$13,672
Oct 2007	82	1,769	82.85	6.92	$19,039
Sep 2007	0	1,795	75.84	6.24	$11,208
Aug 2007	0	1,275	69.06	6.39	$8,145
Jul 2007	0	1,099	70.90	6.39	$7,020
Jun 2007	0	1,862	62.00	7.55	$14,055
May 2007	0	1,772	58.74	7.85	$13,904
Apr 2007	0	1,685	59.61	7.81	$13,152
Mar 2007	0	1,900	56.92	7.30	$13,874
Feb 2007	0	1,988	55.10	8.22	$16,333
Jan 2007	0	2,127	50.30	6.73	$14,308
Dec 2006	0	2,096	56.65	6.92	$14,501
Nov 2006	0	2,048	54.20	7.62	$15,601
Oct 2006	0	1,849	54.90	6.01	$11,120
Sep 2006	0	1,039	60.08	5.04	$5,234
Aug 2006	0	2,080	68.71	7.34	$15,267
Jul 2006	0	832	69.37	6.34	$5,277
Jun 2006	0	1,197	66.28	6.38	$7,642
May 2006	0	1,938	66.01	6.42	$12,452
Apr 2006	0	2,112	64.39	7.36	$15,545
Mar 2006	0	1,467	56.70	7.08	$10,391
Feb 2006	0	687	57.59	7.75	$5,325
Jan 2006	0	1,564	60.59	8.93	$13,972
Dec 2005	0	1,773	54.94	13.42	$23,786
Nov 2005	0	1,952	54.69	10.59	$20,669
Oct 2005	0	2,041	58.34	13.80	$28,157
Sep 2005	0	2,013	61.45	12.08	$24,315
Aug 2005	102	2,107	61.51	9.80	$26,916
Jul 2005	0	2,094	55.69	7.84	$16,425
Jun 2005	0	2,026	52.33	7.38	$14,954
May 2005	0	2,054	45.22	6.65	$13,661
Apr 2005	0	1,987	49.20	7.36	$14,625
Mar 2005	142	2,107	50.37	7.15	$22,228
Feb 2005	0	1,783	45.22	6.31	$11,254
Jan 2005	0	1,683	43.16	6.32	$10,640
Dec 2004	0	2,035	39.86	6.75	$13,738
Nov 2004	0	1,895	45.28	6.33	$11,996
Oct 2004	0	2,143	49.70	6.52	$13,962
Sep 2004	0	1,917	43.24	5.28	$10,129
Aug 2004	0	2,014	42.37	5.55	$11,179
Jul 2004	102	2,154	38.28	6.08	$17,010
Jun 2004	0	2,103	36.10	6.43	$13,529
May 2004	0	1,868	37.48	6.49	$12,132
Apr 2004	0	1,764	34.47	5.86	$10,334
Mar 2004	0	1,855	34.36	5.53	$10,258
Feb 2004	0	2,014	32.45	5.51	$11,096
Jan 2004	0	1,972	32.03	6.30	$12,423
Dec 2003	0	1,872	30.26	6.30	$11,797
Nov 2003	0	1,959	28.80	4.60	$9,002
Oct 2003	0	2,100	28.17	4.76	$9,995
Sep 2003	0	2,231	26.31	4.75	$10,596
Aug 2003	138	2,303	29.76	5.13	$15,921
Jul 2003	0	2,384	29.41	5.17	$12,327
Jun 2003	0	2,232	28.56	5.98	$13,354
May 2003	0	2,306	26.59	5.97	$13,773
Apr 2003	0	2,276	26.67	5.41	$12,307
Mar 2003	0	2,017	31.14	6.10	$12,296
Feb 2003	143	2,311	33.48	7.93	$23,104
Jan 2003	0	2,320	30.31	5.58	$12,950
Dec 2002	0	2,191	26.91	4.85	$10,635
Nov 2002	0	1,963	24.66	4.14	$8,121
Oct 2002	0	2,010	26.46	4.23	$8,501
Sep 2002	0	2,014	27.44	3.64	$7,321
Aug 2002	0	2,032	25.96	3.16	$6,430
Jul 2002	0	2,068	24.58	3.06	$6,332
Jun 2002	136	2,029	23.73	3.34	$10,001
May 2002	0	2,073	24.66	3.58	$7,430
Apr 2002	0	1,832	23.65	3.51	$6,435
Mar 2002	0	2,280	22.00	3.10	$7,074
Feb 2002	0	2,544	18.22	2.38	$6,044
Jan 2002	0	2,843	17.17	2.38	$6,754
Dec 2001	0	2,727	16.93	2.36	$6,448
Nov 2001	0	2,180	18.07	2.41	$5,244
Oct 2001	146	2,260	19.78	2.53	$8,603
Sep 2001	0	2,194	24.26	2.25	$4,939
Aug 2001	0	2,331	24.87	3.05	$7,117
Jul 2001	0	2,266	23.93	3.20	$7,245
Jun 2001	0	2,174	24.56	3.82	$8,314
May 2001	132	2,273	25.52	4.31	$13,159
Apr 2001	0	1,843	24.68	5.34	$9,833
Mar 2001	0	1,346	24.54	5.38	$7,237
Feb 2001	0	2,555	27.75	5.77	$14,735
Jan 2001	0	3,151	27.47	8.40	$26,464
Dec 2000	0	3,667	26.88	9.12	$33,452
Nov 2000	0	2,596	32.21	5.66	$14,688
Oct 2000	0	1,706	31.23	5.15	$8,778
Sep 2000	131	2,055	31.87	5.19	$14,833
Aug 2000	0	2,367	29.64	4.54	$10,748
Jul 2000	0	2,102	28.53	4.09	$8,597
Jun 2000	71	1,522	29.30	4.40	$8,773
May 2000	0	2,043	27.26	3.68	$7,518
Apr 2000	0	429	24.51	3.12	$1,337
Mar 2000	0	1,604	28.42	2.86	$4,587
Feb 2000	0	2,190	27.62	2.73	$5,971
Jan 2000	0	1,679	25.27	2.48	$4,165
Dec 1999	150	853	24.28	2.42	$5,709
Nov 1999	0	899	23.19	2.43	$2,188
Oct 1999	0	706	20.98	2.80	$1,979
Sep 1999	0	452	21.75	2.62	$1,184
Aug 1999	0	1,006	19.26	2.88	$2,893
Jul 1999	0	278	17.89	2.37	$660
Jun 1999	0	655	15.94	2.36	$1,547
May 1999	0	564	15.79	2.32	$1,309
Apr 1999	0	923	15.10	2.21	$2,038
Mar 1999	0	950	12.47	1.84	$1,746
Feb 1999	0	1,248	9.98	1.82	$2,269
Jan 1999	180	1,128	10.38	1.90	$4,012
Dec 1998	0	817	9.20	1.77	$1,449
Nov 1998	0	736	10.89	2.19	$1,609
Oct 1998	0	507	12.42	1.97	$998
Sep 1998	0	573	12.59	2.08	$1,193
Aug 1998	0	704	11.30	1.91	$1,343
Jul 1998	15	295	11.74	2.24	$836
Jun 1998	0	254	11.24	2.24	$568
May 1998	0	438	12.62	2.21	$966
Apr 1998	0	69	13.04	2.51	$173
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	819	17.86	2.55	$2,092
Jul 1997	0	2,156	17.58	2.25	$4,844
Jun 1997	0	2,653	17.24	2.26	$5,988
May 1997	0	3,304	18.97	2.31	$7,627
Apr 1997	207	2,738	17.88	2.08	$9,404
Mar 1997	0	3,271	18.95	1.94	$6,343
Feb 1997	0	3,489	20.49	2.21	$7,696
Jan 1997	0	2,703	23.48	3.54	$9,568
Dec 1996	0	3,210	23.32	—	$0
Nov 1996	0	3,425	21.97	—	$0
Oct 1996	0	2,583	23.31	—	$0
Sep 1996	0	2,983	22.22	—	$0
Aug 1996	0	3,350	20.26	—	$0
Jul 1996	0	3,913	19.55	—	$0
Jun 1996	0	4,668	18.73	—	$0
May 1996	0	4,654	19.43	—	$0
Apr 1996	0	704	21.51	—	$0
Mar 1996	0	2,599	19.38	—	$0
Feb 1996	0	3,262	16.98	—	$0
Jan 1996	0	2,769	17.07	—	$0
Dec 1995	0	3,733	17.19	—	$0
Nov 1995	174	3,462	16.00	—	$2,784
Oct 1995	0	3,602	15.43	—	$0
Sep 1995	0	3,039	16.18	—	$0
Aug 1995	0	3,429	15.92	—	$0
Jul 1995	0	2,311	15.24	—	$0
Jun 1995	0	3,341	16.41	—	$0
May 1995	0	3,462	17.56	—	$0
Apr 1995	0	3,218	17.73	—	$0
Mar 1995	0	3,578	16.44	—	$0
Feb 1995	0	3,231	16.58	—	$0
Jan 1995	200	3,784	15.92	—	$3,184
Dec 1994	0	3,509	15.03	—	$0
Nov 1994	0	3,211	15.90	—	$0
Oct 1994	0	3,259	15.58	—	$0
Sep 1994	0	3,640	15.29	—	$0
Aug 1994	0	3,804	16.13	—	$0
Jul 1994	0	3,437	17.56	—	$0
Jun 1994	0	4,000	17.09	—	$0
May 1994	0	3,863	15.88	—	$0
Apr 1994	0	4,039	14.14	—	$0
Mar 1994	0	3,854	12.46	—	$0
Feb 1994	0	4,024	12.50	—	$0
Jan 1994	0	3,527	12.66	—	$0
Dec 1993	0	4,204	12.33	—	$0
Nov 1993	0	4,570	14.49	—	$0
Oct 1993	180	4,589	15.85	—	$2,853
Sep 1993	0	4,105	15.03	—	$0
Aug 1993	0	4,755	15.66	—	$0
Jul 1993	0	4,495	15.46	—	$0
Jun 1993	0	4,784	16.79	—	$0
May 1993	0	2,904	17.68	—	$0
Apr 1993	0	5,045	18.05	—	$0
Mar 1993	0	5,156	18.14	—	$0
Feb 1993	0	5,986	17.90	—	$0
Jan 1993	0	4,255	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.

Aug 2020 — as filed, then multipliedworked

Condensate            20 bbl  × $ 39.98 =       $800
Gas                    0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                     $800

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/22004 is the state's own key, not one this site invented.