HOWARD

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

Operated by BCE-MACH III LLC (P-5 40209) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 23720District 10Field 68826001NGPA filingGasSave Export

Value, all time

$1.1 M

Jan 1993 – May 2026

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

gas

The PANHANDLE, EAST 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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered

1935-12-10

as the register files it

Field class

Gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: “67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY”

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	3	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
Gas	Production	277,997 Mcf	$1,052,391
Total			$1,052,391

34,764 Mcf of this lease's gas, across 46 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 35.2448, -100.6763. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.24475, -100.67629 · 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

—

no depth filed

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.

1 well


42-17900457	1	—	—	—	—

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 (401)

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

401 months


May 2026	410	106.41	3.05	$1,249
Apr 2026	401	98.93	2.87	$1,151
Mar 2026	265	89.75	3.15	$835
Feb 2026	329	63.50	3.75	$1,234
Jan 2026	335	59.13	8.00	$2,679
Dec 2025	315	56.66	4.41	$1,390
Nov 2025	342	58.59	3.93	$1,343
Oct 2025	517	59.38	3.30	$1,709
Sep 2025	412	62.74	3.08	$1,268
Aug 2025	353	63.93	3.01	$1,064
Jul 2025	344	66.74	3.32	$1,140
Jun 2025	371	66.48	3.13	$1,161
May 2025	359	60.55	3.23	$1,160
Apr 2025	342	62.36	3.54	$1,212
Mar 2025	378	67.70	4.27	$1,613
Feb 2025	294	70.88	4.34	$1,276
Jan 2025	371	74.32	4.28	$1,587
Dec 2024	387	68.99	3.12	$1,208
Nov 2024	428	69.05	2.20	$941
Oct 2024	351	71.37	2.28	$801
Sep 2024	155	69.61	2.36	$366
Aug 2024	334	75.63	2.06	$689
Jul 2024	400	79.93	2.15	$859
Jun 2024	385	78.08	2.63	$1,014
May 2024	491	78.81	2.20	$1,079
Apr 2024	410	84.45	1.66	$680
Mar 2024	376	80.30	1.55	$581
Feb 2024	449	76.09	1.78	$801
Jan 2024	405	73.02	3.30	$1,336
Dec 2023	468	71.26	2.61	$1,222
Nov 2023	388	77.89	2.81	$1,089
Oct 2023	242	85.44	3.09	$747
Sep 2023	329	89.04	2.74	$900
Aug 2023	35	80.52	2.67	$94
Jul 2023	198	74.85	2.64	$523
Jun 2023	385	68.96	2.26	$870
May 2023	412	70.62	2.23	$918
Apr 2023	152	78.12	2.24	$340
Mar 2023	354	72.85	2.39	$847
Feb 2023	330	75.11	2.47	$814
Jan 2023	392	76.53	3.39	$1,328
Dec 2022	397	76.41	5.73	$2,274
Nov 2022	349	85.00	5.65	$1,971
Oct 2022	123	87.18	5.86	$721
Sep 2022	4	84.88	8.16	$33
Aug 2022	140	94.52	9.13	$1,278
Jul 2022	73	101.58	7.54	$551
Jun 2022	500	115.09	7.98	$3,989
May 2022	511	109.37	8.43	$4,309
Apr 2022	632	104.22	6.84	$4,321
Mar 2022	520	108.88	5.08	$2,640
Feb 2022	405	91.05	4.86	$1,968
Jan 2022	537	81.84	4.54	$2,437
Dec 2021	502	71.32	3.90	$1,957
Nov 2021	743	77.43	5.24	$3,891
Oct 2021	442	79.79	5.71	$2,526
Sep 2021	705	69.86	5.35	$3,772
Aug 2021	630	66.02	4.22	$2,659
Jul 2021	0	70.78	3.98	$0
Jun 2021	487	69.49	3.38	$1,646
May 2021	500	63.48	3.02	$1,509
Apr 2021	0	60.36	2.76	$0
Mar 2021	575	61.30	2.72	$1,562
Feb 2021	464	57.80	5.55	$2,574
Jan 2021	523	50.41	2.81	$1,470
Dec 2020	358	44.64	2.68	$958
Nov 2020	720	38.77	2.71	$1,949
Oct 2020	516	36.97	2.48	$1,279
Sep 2020	532	37.09	1.99	$1,059
Aug 2020	588	39.98	2.39	$1,402
Jul 2020	626	38.37	1.83	$1,143
Jun 2020	558	34.90	1.69	$943
May 2020	683	16.92	1.81	$1,239
Apr 2020	685	14.75	1.80	$1,236
Mar 2020	533	30.34	1.86	$989
Feb 2020	497	49.88	1.98	$984
Jan 2020	454	57.25	2.09	$951
Dec 2019	358	59.01	2.30	$825
Nov 2019	404	55.30	2.75	$1,111
Oct 2019	694	53.47	2.42	$1,678
Sep 2019	461	55.05	2.66	$1,225
Aug 2019	375	53.11	2.30	$864
Jul 2019	329	56.27	2.46	$809
Jun 2019	168	52.78	2.49	$419
May 2019	494	58.48	2.74	$1,354
Apr 2019	403	62.63	2.75	$1,109
Mar 2019	698	56.80	3.06	$2,137
Feb 2019	420	50.85	2.79	$1,173
Jan 2019	474	46.03	3.23	$1,530
Dec 2018	525	46.59	4.19	$2,197
Nov 2018	472	52.93	4.24	$2,000
Oct 2018	573	61.44	3.40	$1,947
Sep 2018	559	59.54	3.11	$1,737
Aug 2018	565	59.40	3.07	$1,733
Jul 2018	425	65.14	2.93	$1,246
Jun 2018	793	60.18	3.08	$2,440
May 2018	613	65.38	2.90	$1,778
Apr 2018	535	63.84	2.90	$1,552
Mar 2018	604	61.22	2.79	$1,683
Feb 2018	502	61.78	2.77	$1,389
Jan 2018	477	62.87	4.01	$1,912
Dec 2017	517	57.27	2.92	$1,510
Nov 2017	562	55.42	3.12	$1,753
Oct 2017	511	49.29	2.98	$1,525
Sep 2017	518	47.52	3.09	$1,599
Aug 2017	511	45.37	3.00	$1,535
Jul 2017	497	43.87	3.09	$1,534
Jun 2017	278	42.49	3.09	$858
May 2017	480	45.37	3.26	$1,566
Apr 2017	416	47.93	3.21	$1,336
Mar 2017	507	46.77	2.98	$1,513
Feb 2017	499	50.45	2.95	$1,473
Jan 2017	517	49.41	3.42	$1,768
Dec 2016	608	48.76	3.72	$2,263
Nov 2016	683	42.49	2.64	$1,806
Oct 2016	732	46.19	3.09	$2,262
Sep 2016	575	41.55	3.10	$1,783
Aug 2016	685	41.44	2.92	$2,003
Jul 2016	584	41.62	2.92	$1,708
Jun 2016	557	45.35	2.69	$1,496
May 2016	617	42.52	1.99	$1,228
Apr 2016	568	36.56	1.99	$1,131
Mar 2016	620	33.01	1.79	$1,112
Feb 2016	490	26.47	2.06	$1,011
Jan 2016	461	27.35	2.36	$1,090
Dec 2015	492	32.36	2.00	$985
Nov 2015	550	38.79	2.17	$1,192
Oct 2015	502	43.55	2.43	$1,218
Sep 2015	455	42.99	2.76	$1,255
Aug 2015	517	40.16	2.87	$1,485
Jul 2015	579	48.15	2.95	$1,705
Jun 2015	579	56.15	2.88	$1,669
May 2015	613	55.21	2.96	$1,812
Apr 2015	707	49.82	2.71	$1,914
Mar 2015	553	42.89	2.93	$1,623
Feb 2015	528	44.66	2.98	$1,571
Jan 2015	651	43.43	3.10	$2,019
Dec 2014	640	54.69	3.59	$2,298
Nov 2014	623	70.46	4.25	$2,649
Oct 2014	847	78.30	3.90	$3,304
Sep 2014	909	86.16	4.05	$3,677
Aug 2014	594	89.39	4.04	$2,397
Jul 2014	609	96.56	4.18	$2,545
Jun 2014	710	98.16	4.74	$3,363
May 2014	731	94.73	4.73	$3,455
Apr 2014	668	95.94	4.81	$3,212
Mar 2014	725	95.89	5.06	$3,666
Feb 2014	573	97.40	6.19	$3,548
Jan 2014	674	90.40	4.86	$3,276
Dec 2013	637	91.82	4.35	$2,774
Nov 2013	852	88.85	3.74	$3,185
Oct 2013	694	97.42	3.78	$2,623
Sep 2013	733	104.11	3.72	$2,725
Aug 2013	735	104.25	3.52	$2,589
Jul 2013	686	102.52	3.72	$2,550
Jun 2013	693	94.40	3.93	$2,726
May 2013	684	94.83	4.15	$2,838
Apr 2013	874	93.96	4.28	$3,743
Mar 2013	671	93.62	3.91	$2,626
Feb 2013	585	91.23	3.42	$2,001
Jan 2013	720	91.60	3.42	$2,462
Dec 2012	695	86.77	3.42	$2,377
Nov 2012	708	86.95	3.62	$2,566
Oct 2012	739	89.38	3.40	$2,512
Sep 2012	674	94.67	2.92	$1,967
Aug 2012	681	92.66	2.91	$1,980
Jul 2012	519	85.13	3.02	$1,568
Jun 2012	943	79.82	2.52	$2,375
May 2012	1,116	91.61	2.49	$2,777
Apr 2012	1,005	101.65	2.00	$2,007
Mar 2012	807	105.05	2.22	$1,793
Feb 2012	753	101.10	2.57	$1,935
Jan 2012	719	98.09	2.73	$1,966
Dec 2011	754	96.87	3.24	$2,443
Nov 2011	900	95.72	3.31	$2,980
Oct 2011	811	84.98	3.65	$2,959
Sep 2011	1,361	83.62	3.99	$5,425
Aug 2011	861	83.40	4.15	$3,573
Jul 2011	1,342	94.14	4.52	$6,062
Jun 2011	858	92.90	4.64	$3,981
May 2011	1,339	98.13	4.40	$5,898
Apr 2011	1,182	105.96	4.33	$5,122
Mar 2011	843	96.36	4.06	$3,420
Feb 2011	712	85.64	4.18	$2,976
Jan 2011	759	86.50	4.59	$3,483
Dec 2010	782	85.73	4.35	$3,400
Nov 2010	790	80.84	3.80	$2,998
Oct 2010	1,232	78.10	3.51	$4,323
Sep 2010	1,482	72.63	3.98	$5,898
Aug 2010	1,320	73.68	4.42	$5,834
Jul 2010	1,024	72.55	4.74	$4,850
Jun 2010	1,301	70.36	4.91	$6,388
May 2010	865	71.12	4.24	$3,663
Apr 2010	857	81.69	4.12	$3,533
Mar 2010	844	78.39	4.39	$3,704
Feb 2010	790	73.58	5.44	$4,299
Jan 2010	866	74.36	5.96	$5,165
Dec 2009	881	71.44	5.48	$4,831
Nov 2009	854	74.59	3.75	$3,204
Oct 2009	896	72.54	4.11	$3,683
Sep 2009	953	65.54	3.06	$2,921
Aug 2009	912	67.42	3.22	$2,935
Jul 2009	1,073	61.13	3.46	$3,717
Jun 2009	924	66.16	3.90	$3,599
May 2009	1,023	54.74	3.93	$4,016
Apr 2009	962	46.77	3.59	$3,451
Mar 2009	1,024	42.14	4.06	$4,156
Feb 2009	898	32.81	4.63	$4,160
Jan 2009	880	35.86	5.37	$4,726
Dec 2008	925	37.10	5.98	$5,529
Nov 2008	951	55.49	6.86	$6,524
Oct 2008	1,024	75.24	6.92	$7,088
Sep 2008	635	101.76	7.88	$5,002
Aug 2008	803	114.22	8.48	$6,812
Jul 2008	641	131.08	11.39	$7,301
Jun 2008	924	131.33	13.03	$12,042
May 2008	1,115	123.17	11.57	$12,905
Apr 2008	1,044	110.31	10.45	$10,915
Mar 2008	1,044	101.90	9.66	$10,089
Feb 2008	991	92.53	8.77	$8,692
Jan 2008	1,038	90.38	8.21	$8,518
Dec 2007	1,177	88.33	7.30	$8,594
Nov 2007	1,136	91.67	7.29	$8,283
Oct 2007	1,167	82.85	6.92	$8,078
Sep 2007	1,253	75.84	6.24	$7,824
Aug 2007	1,088	69.06	6.39	$6,950
Jul 2007	1,943	70.90	6.39	$12,412
Jun 2007	250	62.00	7.55	$1,887
May 2007	599	58.74	7.85	$4,700
Apr 2007	628	59.61	7.81	$4,902
Mar 2007	652	56.92	7.30	$4,761
Feb 2007	578	55.10	8.22	$4,749
Jan 2007	632	50.30	6.73	$4,251
Dec 2006	689	56.65	6.92	$4,767
Nov 2006	513	54.20	7.62	$3,908
Oct 2006	677	54.90	6.01	$4,071
Sep 2006	995	60.08	5.04	$5,012
Aug 2006	357	68.71	7.34	$2,620
Jul 2006	637	69.37	6.34	$4,040
Jun 2006	616	66.28	6.38	$3,932
May 2006	663	66.01	6.42	$4,260
Apr 2006	677	64.39	7.36	$4,983
Mar 2006	642	56.70	7.08	$4,547
Feb 2006	700	57.59	7.75	$5,426
Jan 2006	716	60.59	8.93	$6,396
Dec 2005	956	54.94	13.42	$12,825
Nov 2005	669	54.69	10.59	$7,084
Oct 2005	747	58.34	13.80	$10,305
Sep 2005	689	61.45	12.08	$8,322
Aug 2005	734	61.51	9.80	$7,191
Jul 2005	763	55.69	7.84	$5,985
Jun 2005	687	52.33	7.38	$5,071
May 2005	747	45.22	6.65	$4,968
Apr 2005	740	49.20	7.36	$5,447
Mar 2005	563	50.37	7.15	$4,028
Feb 2005	551	45.22	6.31	$3,478
Jan 2005	640	43.16	6.32	$4,046
Dec 2004	726	39.86	6.75	$4,901
Nov 2004	689	45.28	6.33	$4,362
Oct 2004	573	49.70	6.52	$3,733
Sep 2004	725	43.24	5.28	$3,831
Aug 2004	339	42.37	5.55	$1,882
Jul 2004	806	38.28	6.08	$4,904
Jun 2004	770	36.10	6.43	$4,953
May 2004	803	37.48	6.49	$5,215
Apr 2004	784	34.47	5.86	$4,593
Mar 2004	766	34.36	5.53	$4,236
Feb 2004	707	32.45	5.51	$3,895
Jan 2004	740	32.03	6.30	$4,662
Dec 2003	707	30.26	6.30	$4,455
Nov 2003	595	28.80	4.60	$2,734
Oct 2003	789	28.17	4.76	$3,755
Sep 2003	754	26.31	4.75	$3,581
Aug 2003	824	29.76	5.13	$4,227
Jul 2003	841	29.41	5.17	$4,349
Jun 2003	732	28.56	5.98	$4,380
May 2003	766	26.59	5.97	$4,575
Apr 2003	798	26.67	5.41	$4,315
Mar 2003	801	31.14	6.10	$4,883
Feb 2003	695	33.48	7.93	$5,508
Jan 2003	758	30.31	5.58	$4,231
Dec 2002	762	26.91	4.85	$3,699
Nov 2002	763	24.66	4.14	$3,157
Oct 2002	785	26.46	4.23	$3,320
Sep 2002	823	27.44	3.64	$2,992
Aug 2002	842	25.96	3.16	$2,664
Jul 2002	825	24.58	3.06	$2,526
Jun 2002	483	23.73	3.34	$1,612
May 2002	1,303	24.66	3.58	$4,670
Apr 2002	442	23.65	3.51	$1,552
Mar 2002	841	22.00	3.10	$2,609
Feb 2002	749	18.22	2.38	$1,779
Jan 2002	803	17.17	2.38	$1,908
Dec 2001	832	16.93	2.36	$1,967
Nov 2001	809	18.07	2.41	$1,946
Oct 2001	810	19.78	2.53	$2,048
Sep 2001	795	24.26	2.25	$1,790
Aug 2001	797	24.87	3.05	$2,433
Jul 2001	804	23.93	3.20	$2,570
Jun 2001	889	24.56	3.82	$3,400
May 2001	878	25.52	4.31	$3,782
Apr 2001	847	24.68	5.34	$4,519
Mar 2001	871	24.54	5.38	$4,683
Feb 2001	742	27.75	5.77	$4,279
Jan 2001	802	27.47	8.40	$6,736
Dec 2000	845	26.88	9.12	$7,709
Nov 2000	877	32.21	5.66	$4,962
Oct 2000	883	31.23	5.15	$4,543
Sep 2000	814	31.87	5.19	$4,222
Aug 2000	833	29.64	4.54	$3,782
Jul 2000	835	28.53	4.09	$3,415
Jun 2000	848	29.30	4.40	$3,729
May 2000	851	27.26	3.68	$3,131
Apr 2000	802	24.51	3.12	$2,499
Mar 2000	864	28.42	2.86	$2,471
Feb 2000	791	27.62	2.73	$2,157
Jan 2000	853	25.27	2.48	$2,116
Dec 1999	909	24.28	2.42	$2,203
Nov 1999	879	23.19	2.43	$2,139
Oct 1999	905	20.98	2.80	$2,537
Sep 1999	920	21.75	2.62	$2,409
Aug 1999	774	19.26	2.88	$2,226
Jul 1999	962	17.89	2.37	$2,282
Jun 1999	923	15.94	2.36	$2,180
May 1999	820	15.79	2.32	$1,903
Apr 1999	929	15.10	2.21	$2,051
Mar 1999	951	12.47	1.84	$1,748
Feb 1999	858	9.98	1.82	$1,560
Jan 1999	924	10.38	1.90	$1,756
Dec 1998	950	9.20	1.77	$1,685
Nov 1998	933	10.89	2.19	$2,039
Oct 1998	948	12.42	1.97	$1,867
Sep 1998	946	12.59	2.08	$1,970
Aug 1998	742	11.30	1.91	$1,415
Jul 1998	978	11.74	2.24	$2,188
Jun 1998	991	11.24	2.24	$2,217
May 1998	1,004	12.62	2.21	$2,215
Apr 1998	1,043	13.04	2.51	$2,613
Mar 1998	1,006	12.80	2.31	$2,323
Feb 1998	915	13.95	2.30	$2,104
Jan 1998	1,030	14.70	2.15	$2,219
Dec 1997	1,052	16.32	2.41	$2,536
Nov 1997	931	18.19	3.09	$2,875
Oct 1997	1,042	19.25	3.15	$3,282
Sep 1997	539	17.74	2.95	$1,593
Aug 1997	0	17.86	2.55	$0
Jul 1997	2,101	17.58	2.25	$4,721
Jun 1997	982	17.24	2.26	$2,217
May 1997	1,039	18.97	2.31	$2,399
Apr 1997	921	17.88	2.08	$1,918
Mar 1997	1,026	18.95	1.94	$1,990
Feb 1997	933	20.49	2.21	$2,058
Jan 1997	1,013	23.48	3.54	$3,586
Dec 1996	937	23.32	—	$0
Nov 1996	754	21.97	—	$0
Oct 1996	621	23.31	—	$0
Sep 1996	656	22.22	—	$0
Aug 1996	636	20.26	—	$0
Jul 1996	654	19.55	—	$0
Jun 1996	801	18.73	—	$0
May 1996	398	19.43	—	$0
Apr 1996	323	21.51	—	$0
Mar 1996	509	19.38	—	$0
Feb 1996	631	16.98	—	$0
Jan 1996	711	17.07	—	$0
Dec 1995	621	17.19	—	$0
Nov 1995	709	16.00	—	$0
Oct 1995	692	15.43	—	$0
Sep 1995	574	16.18	—	$0
Aug 1995	463	15.92	—	$0
Jul 1995	692	15.24	—	$0
Jun 1995	729	16.41	—	$0
May 1995	624	17.56	—	$0
Apr 1995	460	17.73	—	$0
Mar 1995	446	16.44	—	$0
Feb 1995	589	16.58	—	$0
Jan 1995	787	15.92	—	$0
Dec 1994	1,073	15.03	—	$0
Nov 1994	442	15.90	—	$0
Oct 1994	545	15.58	—	$0
Sep 1994	644	15.29	—	$0
Aug 1994	0	16.13	—	$0
Jul 1994	604	17.56	—	$0
Jun 1994	0	17.09	—	$0
May 1994	757	15.88	—	$0
Apr 1994	595	14.14	—	$0
Mar 1994	1,027	12.46	—	$0
Feb 1994	920	12.50	—	$0
Jan 1994	916	12.66	—	$0
Dec 1993	997	12.33	—	$0
Nov 1993	1,017	14.49	—	$0
Oct 1993	930	15.85	—	$0
Sep 1993	1,148	15.03	—	$0
Aug 1993	1,144	15.66	—	$0
Jul 1993	1,137	15.46	—	$0
Jun 1993	892	16.79	—	$0
May 1993	898	17.68	—	$0
Apr 1993	1,073	18.05	—	$0
Mar 1993	1,049	18.14	—	$0
Feb 1993	953	17.90	—	$0
Jan 1993	986	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.

May 2026 — as filed, then multipliedworked

Gas                  410 Mcf  × $  3.05 =     $1,249

────────────────────────────────────────────────────
Month total                                   $1,249

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/23720 is the state's own key, not one this site invented.