SNEED, J. T.

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

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PANHANDLE, WEST (RED CAVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 27139District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSave Export

Value, all time

$704 k

Jan 1993 – May 2026

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

gas

The PANHANDLE, WEST (RED CAVE) 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 666 leases and 666 wells, and the rule below applies to all of them.

Discovered

1960-07-15

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 2019-11-19.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “THE LOCATION OF PERFORATIONS.”

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
Gas	Production	231,629 Mcf	$704,460
Total			$704,460

59,744 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 35.6937, -101.6711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69369, -101.67108 · 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

1,869 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 1,869 ft.

Completions filed

Oct 1959

1 of 1 wells

1 well


42-34127139	101	1,869 ft	Oct 1959	—	—

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	0	106.41	3.05	$0
Apr 2026	179	98.93	2.87	$514
Mar 2026	198	89.75	3.15	$624
Feb 2026	186	63.50	3.75	$698
Jan 2026	115	59.13	8.00	$920
Dec 2025	186	56.66	4.41	$821
Nov 2025	192	58.59	3.93	$754
Oct 2025	195	59.38	3.30	$644
Sep 2025	321	62.74	3.08	$988
Aug 2025	388	63.93	3.01	$1,170
Jul 2025	293	66.74	3.32	$971
Jun 2025	174	66.48	3.13	$544
May 2025	330	60.55	3.23	$1,067
Apr 2025	410	62.36	3.54	$1,453
Mar 2025	129	67.70	4.27	$551
Feb 2025	329	70.88	4.34	$1,428
Jan 2025	304	74.32	4.28	$1,301
Dec 2024	376	68.99	3.12	$1,174
Nov 2024	447	69.05	2.20	$983
Oct 2024	107	71.37	2.28	$244
Sep 2024	317	69.61	2.36	$750
Aug 2024	336	75.63	2.06	$693
Jul 2024	341	79.93	2.15	$732
Jun 2024	335	78.08	2.63	$882
May 2024	337	78.81	2.20	$741
Apr 2024	327	84.45	1.66	$543
Mar 2024	271	80.30	1.55	$419
Feb 2024	169	76.09	1.78	$301
Jan 2024	175	73.02	3.30	$577
Dec 2023	186	71.26	2.61	$486
Nov 2023	177	77.89	2.81	$497
Oct 2023	189	85.44	3.09	$584
Sep 2023	180	89.04	2.74	$492
Aug 2023	195	80.52	2.67	$521
Jul 2023	216	74.85	2.64	$571
Jun 2023	0	68.96	2.26	$0
May 2023	202	70.62	2.23	$450
Apr 2023	200	78.12	2.24	$448
Mar 2023	211	72.85	2.39	$505
Feb 2023	194	75.11	2.47	$478
Jan 2023	204	76.53	3.39	$691
Dec 2022	202	76.41	5.73	$1,157
Nov 2022	210	85.00	5.65	$1,186
Oct 2022	208	87.18	5.86	$1,220
Sep 2022	208	84.88	8.16	$1,698
Aug 2022	219	94.52	9.13	$1,999
Jul 2022	215	101.58	7.54	$1,622
Jun 2022	209	115.09	7.98	$1,667
May 2022	216	109.37	8.43	$1,822
Apr 2022	210	104.22	6.84	$1,436
Mar 2022	223	108.88	5.08	$1,132
Feb 2022	186	91.05	4.86	$904
Jan 2022	208	81.84	4.54	$944
Dec 2021	217	71.32	3.90	$846
Nov 2021	218	77.43	5.24	$1,142
Oct 2021	218	79.79	5.71	$1,246
Sep 2021	211	69.86	5.35	$1,129
Aug 2021	222	66.02	4.22	$937
Jul 2021	212	70.78	3.98	$844
Jun 2021	215	69.49	3.38	$727
May 2021	227	63.48	3.02	$685
Apr 2021	232	60.36	2.76	$640
Mar 2021	216	61.30	2.72	$587
Feb 2021	193	57.80	5.55	$1,071
Jan 2021	281	50.41	2.81	$790
Dec 2020	224	44.64	2.68	$599
Nov 2020	216	38.77	2.71	$585
Oct 2020	223	36.97	2.48	$553
Sep 2020	224	37.09	1.99	$446
Aug 2020	238	39.98	2.39	$568
Jul 2020	260	38.37	1.83	$475
Jun 2020	275	34.90	1.69	$465
May 2020	155	16.92	1.81	$281
Apr 2020	154	14.75	1.80	$278
Mar 2020	0	30.34	1.86	$0
Feb 2020	0	49.88	1.98	$0
Jan 2020	272	57.25	2.09	$570
Dec 2019	267	59.01	2.30	$615
Nov 2019	215	55.30	2.75	$591
Oct 2019	247	53.47	2.42	$597
Sep 2019	253	55.05	2.66	$672
Aug 2019	343	53.11	2.30	$790
Jul 2019	0	56.27	2.46	$0
Jun 2019	179	52.78	2.49	$446
May 2019	241	58.48	2.74	$660
Apr 2019	233	62.63	2.75	$641
Mar 2019	250	56.80	3.06	$766
Feb 2019	223	50.85	2.79	$623
Jan 2019	218	46.03	3.23	$704
Dec 2018	248	46.59	4.19	$1,038
Nov 2018	238	52.93	4.24	$1,008
Oct 2018	247	61.44	3.40	$839
Sep 2018	223	59.54	3.11	$693
Aug 2018	135	59.40	3.07	$414
Jul 2018	245	65.14	2.93	$718
Jun 2018	205	60.18	3.08	$631
May 2018	254	65.38	2.90	$737
Apr 2018	258	63.84	2.90	$748
Mar 2018	235	61.22	2.79	$655
Feb 2018	242	61.78	2.77	$669
Jan 2018	282	62.87	4.01	$1,131
Dec 2017	277	57.27	2.92	$809
Nov 2017	257	55.42	3.12	$801
Oct 2017	276	49.29	2.98	$824
Sep 2017	253	47.52	3.09	$781
Aug 2017	270	45.37	3.00	$811
Jul 2017	266	43.87	3.09	$821
Jun 2017	283	42.49	3.09	$874
May 2017	243	45.37	3.26	$793
Apr 2017	38	47.93	3.21	$122
Mar 2017	233	46.77	2.98	$695
Feb 2017	237	50.45	2.95	$700
Jan 2017	268	49.41	3.42	$916
Dec 2016	267	48.76	3.72	$994
Nov 2016	247	42.49	2.64	$653
Oct 2016	261	46.19	3.09	$807
Sep 2016	251	41.55	3.10	$778
Aug 2016	256	41.44	2.92	$749
Jul 2016	243	41.62	2.92	$711
Jun 2016	247	45.35	2.69	$663
May 2016	264	42.52	1.99	$526
Apr 2016	253	36.56	1.99	$504
Mar 2016	274	33.01	1.79	$492
Feb 2016	262	26.47	2.06	$541
Jan 2016	300	27.35	2.36	$709
Dec 2015	558	32.36	2.00	$1,117
Nov 2015	565	38.79	2.17	$1,225
Oct 2015	566	43.55	2.43	$1,373
Sep 2015	553	42.99	2.76	$1,525
Aug 2015	590	40.16	2.87	$1,695
Jul 2015	568	48.15	2.95	$1,673
Jun 2015	581	56.15	2.88	$1,675
May 2015	617	55.21	2.96	$1,824
Apr 2015	588	49.82	2.71	$1,591
Mar 2015	636	42.89	2.93	$1,866
Feb 2015	537	44.66	2.98	$1,598
Jan 2015	649	43.43	3.10	$2,012
Dec 2014	674	54.69	3.59	$2,421
Nov 2014	645	70.46	4.25	$2,742
Oct 2014	676	78.30	3.90	$2,637
Sep 2014	651	86.16	4.05	$2,634
Aug 2014	654	89.39	4.04	$2,639
Jul 2014	665	96.56	4.18	$2,779
Jun 2014	616	98.16	4.74	$2,918
May 2014	697	94.73	4.73	$3,294
Apr 2014	681	95.94	4.81	$3,275
Mar 2014	665	95.89	5.06	$3,363
Feb 2014	540	97.40	6.19	$3,344
Jan 2014	664	90.40	4.86	$3,228
Dec 2013	690	91.82	4.35	$3,005
Nov 2013	674	88.85	3.74	$2,520
Oct 2013	676	97.42	3.78	$2,555
Sep 2013	678	104.11	3.72	$2,521
Aug 2013	676	104.25	3.52	$2,381
Jul 2013	665	102.52	3.72	$2,472
Jun 2013	671	94.40	3.93	$2,639
May 2013	680	94.83	4.15	$2,821
Apr 2013	659	93.96	4.28	$2,822
Mar 2013	684	93.62	3.91	$2,676
Feb 2013	380	91.23	3.42	$1,300
Jan 2013	702	91.60	3.42	$2,401
Dec 2012	707	86.77	3.42	$2,418
Nov 2012	690	86.95	3.62	$2,501
Oct 2012	714	89.38	3.40	$2,427
Sep 2012	663	94.67	2.92	$1,935
Aug 2012	709	92.66	2.91	$2,062
Jul 2012	733	85.13	3.02	$2,214
Jun 2012	685	79.82	2.52	$1,726
May 2012	743	91.61	2.49	$1,849
Apr 2012	732	101.65	2.00	$1,462
Mar 2012	658	105.05	2.22	$1,462
Feb 2012	368	101.10	2.57	$946
Jan 2012	354	98.09	2.73	$968
Dec 2011	219	96.87	3.24	$710
Nov 2011	303	95.72	3.31	$1,003
Oct 2011	360	84.98	3.65	$1,313
Sep 2011	351	83.62	3.99	$1,399
Aug 2011	366	83.40	4.15	$1,519
Jul 2011	358	94.14	4.52	$1,617
Jun 2011	353	92.90	4.64	$1,638
May 2011	373	98.13	4.40	$1,643
Apr 2011	362	105.96	4.33	$1,569
Mar 2011	380	96.36	4.06	$1,542
Feb 2011	316	85.64	4.18	$1,321
Jan 2011	348	86.50	4.59	$1,597
Dec 2010	344	85.73	4.35	$1,496
Nov 2010	330	80.84	3.80	$1,252
Oct 2010	328	78.10	3.51	$1,151
Sep 2010	292	72.63	3.98	$1,162
Aug 2010	304	73.68	4.42	$1,343
Jul 2010	321	72.55	4.74	$1,520
Jun 2010	330	70.36	4.91	$1,620
May 2010	348	71.12	4.24	$1,474
Apr 2010	350	81.69	4.12	$1,443
Mar 2010	369	78.39	4.39	$1,619
Feb 2010	348	73.58	5.44	$1,894
Jan 2010	377	74.36	5.96	$2,248
Dec 2009	381	71.44	5.48	$2,089
Nov 2009	354	74.59	3.75	$1,328
Oct 2009	365	72.54	4.11	$1,500
Sep 2009	337	65.54	3.06	$1,033
Aug 2009	346	67.42	3.22	$1,114
Jul 2009	339	61.13	3.46	$1,174
Jun 2009	338	66.16	3.90	$1,317
May 2009	370	54.74	3.93	$1,453
Apr 2009	379	46.77	3.59	$1,360
Mar 2009	402	42.14	4.06	$1,632
Feb 2009	372	32.81	4.63	$1,723
Jan 2009	400	35.86	5.37	$2,148
Dec 2008	397	37.10	5.98	$2,373
Nov 2008	402	55.49	6.86	$2,758
Oct 2008	400	75.24	6.92	$2,769
Sep 2008	340	101.76	7.88	$2,678
Aug 2008	338	114.22	8.48	$2,867
Jul 2008	336	131.08	11.39	$3,827
Jun 2008	333	131.33	13.03	$4,340
May 2008	361	123.17	11.57	$4,178
Apr 2008	365	110.31	10.45	$3,816
Mar 2008	392	101.90	9.66	$3,788
Feb 2008	373	92.53	8.77	$3,271
Jan 2008	388	90.38	8.21	$3,184
Dec 2007	477	88.33	7.30	$3,483
Nov 2007	327	91.67	7.29	$2,384
Oct 2007	432	82.85	6.92	$2,990
Sep 2007	439	75.84	6.24	$2,741
Aug 2007	454	69.06	6.39	$2,900
Jul 2007	458	70.90	6.39	$2,926
Jun 2007	448	62.00	7.55	$3,382
May 2007	474	58.74	7.85	$3,719
Apr 2007	477	59.61	7.81	$3,723
Mar 2007	548	56.92	7.30	$4,001
Feb 2007	360	55.10	8.22	$2,958
Jan 2007	144	50.30	6.73	$969
Dec 2006	437	56.65	6.92	$3,023
Nov 2006	443	54.20	7.62	$3,375
Oct 2006	471	54.90	6.01	$2,833
Sep 2006	469	60.08	5.04	$2,362
Aug 2006	464	68.71	7.34	$3,406
Jul 2006	498	69.37	6.34	$3,159
Jun 2006	500	66.28	6.38	$3,192
May 2006	512	66.01	6.42	$3,290
Apr 2006	493	64.39	7.36	$3,629
Mar 2006	507	56.70	7.08	$3,591
Feb 2006	467	57.59	7.75	$3,620
Jan 2006	456	60.59	8.93	$4,074
Dec 2005	481	54.94	13.42	$6,453
Nov 2005	442	54.69	10.59	$4,680
Oct 2005	456	58.34	13.80	$6,291
Sep 2005	466	61.45	12.08	$5,629
Aug 2005	486	61.51	9.80	$4,761
Jul 2005	503	55.69	7.84	$3,945
Jun 2005	498	52.33	7.38	$3,676
May 2005	555	45.22	6.65	$3,691
Apr 2005	429	49.20	7.36	$3,158
Mar 2005	566	50.37	7.15	$4,050
Feb 2005	508	45.22	6.31	$3,206
Jan 2005	542	43.16	6.32	$3,427
Dec 2004	565	39.86	6.75	$3,814
Nov 2004	522	45.28	6.33	$3,304
Oct 2004	563	49.70	6.52	$3,668
Sep 2004	551	43.24	5.28	$2,911
Aug 2004	615	42.37	5.55	$3,414
Jul 2004	605	38.28	6.08	$3,681
Jun 2004	595	36.10	6.43	$3,828
May 2004	614	37.48	6.49	$3,988
Apr 2004	587	34.47	5.86	$3,439
Mar 2004	590	34.36	5.53	$3,263
Feb 2004	574	32.45	5.51	$3,163
Jan 2004	612	32.03	6.30	$3,855
Dec 2003	605	30.26	6.30	$3,812
Nov 2003	599	28.80	4.60	$2,753
Oct 2003	633	28.17	4.76	$3,013
Sep 2003	629	26.31	4.75	$2,987
Aug 2003	664	29.76	5.13	$3,406
Jul 2003	667	29.41	5.17	$3,449
Jun 2003	642	28.56	5.98	$3,841
May 2003	646	26.59	5.97	$3,858
Apr 2003	626	26.67	5.41	$3,385
Mar 2003	648	31.14	6.10	$3,950
Feb 2003	609	33.48	7.93	$4,827
Jan 2003	662	30.31	5.58	$3,695
Dec 2002	676	26.91	4.85	$3,281
Nov 2002	590	24.66	4.14	$2,441
Oct 2002	681	26.46	4.23	$2,880
Sep 2002	697	27.44	3.64	$2,534
Aug 2002	702	25.96	3.16	$2,221
Jul 2002	726	24.58	3.06	$2,223
Jun 2002	681	23.73	3.34	$2,273
May 2002	728	24.66	3.58	$2,609
Apr 2002	697	23.65	3.51	$2,448
Mar 2002	729	22.00	3.10	$2,262
Feb 2002	815	18.22	2.38	$1,936
Jan 2002	306	17.17	2.38	$727
Dec 2001	722	16.93	2.36	$1,707
Nov 2001	702	18.07	2.41	$1,689
Oct 2001	757	19.78	2.53	$1,914
Sep 2001	694	24.26	2.25	$1,562
Aug 2001	695	24.87	3.05	$2,122
Jul 2001	758	23.93	3.20	$2,423
Jun 2001	772	24.56	3.82	$2,952
May 2001	773	25.52	4.31	$3,330
Apr 2001	728	24.68	5.34	$3,884
Mar 2001	784	24.54	5.38	$4,215
Feb 2001	692	27.75	5.77	$3,991
Jan 2001	793	27.47	8.40	$6,660
Dec 2000	795	26.88	9.12	$7,252
Nov 2000	782	32.21	5.66	$4,425
Oct 2000	819	31.23	5.15	$4,214
Sep 2000	807	31.87	5.19	$4,186
Aug 2000	826	29.64	4.54	$3,751
Jul 2000	846	28.53	4.09	$3,460
Jun 2000	797	29.30	4.40	$3,505
May 2000	835	27.26	3.68	$3,073
Apr 2000	836	24.51	3.12	$2,605
Mar 2000	868	28.42	2.86	$2,482
Feb 2000	830	27.62	2.73	$2,263
Jan 2000	887	25.27	2.48	$2,200
Dec 1999	911	24.28	2.42	$2,208
Nov 1999	903	23.19	2.43	$2,198
Oct 1999	942	20.98	2.80	$2,641
Sep 1999	916	21.75	2.62	$2,399
Aug 1999	963	19.26	2.88	$2,769
Jul 1999	980	17.89	2.37	$2,325
Jun 1999	963	15.94	2.36	$2,275
May 1999	851	15.79	2.32	$1,975
Apr 1999	933	15.10	2.21	$2,060
Mar 1999	960	12.47	1.84	$1,765
Feb 1999	931	9.98	1.82	$1,692
Jan 1999	865	10.38	1.90	$1,643
Dec 1998	1,125	9.20	1.77	$1,995
Nov 1998	973	10.89	2.19	$2,127
Oct 1998	1,011	12.42	1.97	$1,991
Sep 1998	993	12.59	2.08	$2,068
Aug 1998	1,039	11.30	1.91	$1,982
Jul 1998	1,059	11.74	2.24	$2,369
Jun 1998	1,035	11.24	2.24	$2,316
May 1998	737	12.62	2.21	$1,626
Apr 1998	1,121	13.04	2.51	$2,808
Mar 1998	1,171	12.80	2.31	$2,704
Feb 1998	1,080	13.95	2.30	$2,483
Jan 1998	1,221	14.70	2.15	$2,631
Dec 1997	1,174	16.32	2.41	$2,831
Nov 1997	1,179	18.19	3.09	$3,641
Oct 1997	1,280	19.25	3.15	$4,032
Sep 1997	1,107	17.74	2.95	$3,271
Aug 1997	1,148	17.86	2.55	$2,933
Jul 1997	1,523	17.58	2.25	$3,422
Jun 1997	543	17.24	2.26	$1,226
May 1997	1,171	18.97	2.31	$2,703
Apr 1997	1,220	17.88	2.08	$2,541
Mar 1997	1,302	18.95	1.94	$2,525
Feb 1997	1,166	20.49	2.21	$2,572
Jan 1997	1,343	23.48	3.54	$4,754
Dec 1996	1,401	23.32	—	$0
Nov 1996	1,473	21.97	—	$0
Oct 1996	1,405	23.31	—	$0
Sep 1996	1,444	22.22	—	$0
Aug 1996	1,451	20.26	—	$0
Jul 1996	1,508	19.55	—	$0
Jun 1996	1,541	18.73	—	$0
May 1996	1,093	19.43	—	$0
Apr 1996	1,402	21.51	—	$0
Mar 1996	1,464	19.38	—	$0
Feb 1996	1,480	16.98	—	$0
Jan 1996	1,424	17.07	—	$0
Dec 1995	1,530	17.19	—	$0
Nov 1995	1,574	16.00	—	$0
Oct 1995	1,701	15.43	—	$0
Sep 1995	1,753	16.18	—	$0
Aug 1995	1,824	15.92	—	$0
Jul 1995	1,952	15.24	—	$0
Jun 1995	1,969	16.41	—	$0
May 1995	2,017	17.56	—	$0
Apr 1995	2,033	17.73	—	$0
Mar 1995	2,205	16.44	—	$0
Feb 1995	2,169	16.58	—	$0
Jan 1995	2,520	15.92	—	$0
Dec 1994	2,904	15.03	—	$0
Nov 1994	3,511	15.90	—	$0
Oct 1994	1,819	15.58	—	$0
Sep 1994	494	15.29	—	$0
Aug 1994	566	16.13	—	$0
Jul 1994	542	17.56	—	$0
Jun 1994	470	17.09	—	$0
May 1994	438	15.88	—	$0
Apr 1994	524	14.14	—	$0
Mar 1994	575	12.46	—	$0
Feb 1994	536	12.50	—	$0
Jan 1994	611	12.66	—	$0
Dec 1993	538	12.33	—	$0
Nov 1993	528	14.49	—	$0
Oct 1993	616	15.85	—	$0
Sep 1993	517	15.03	—	$0
Aug 1993	572	15.66	—	$0
Jul 1993	500	15.46	—	$0
Jun 1993	551	16.79	—	$0
May 1993	450	17.68	—	$0
Apr 1993	495	18.05	—	$0
Mar 1993	542	18.14	—	$0
Feb 1993	552	17.90	—	$0
Jan 1993	560	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.

Apr 2026 — as filed, then multipliedworked

Gas                  179 Mcf  × $  2.87 =       $514

────────────────────────────────────────────────────
Month total                                     $514

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/27139 is the state's own key, not one this site invented.