MERCHANT -A-

Name: MERCHANT -A- 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 27158District 10Field 68831200Hydrogen sulphide fieldNGPA filingCondensateGasSave Export

Value, all time

$214 k

Jan 1993 – May 2026

Value, last 12 filed months

at the published price for each month

Months reported

401

no gaps in the span

Streams

condensate, 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
Condensate	Disposition	17 bbl	$1,646
Gas	Production	68,624 Mcf	$212,436
Total			$214,082

22,753 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.

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.

Completions filed

Aug 1962

1 of 1 wells

1 well


42-23380521	1RC	—	Aug 1962	—	—

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	0	106.41	3.05	$0
Apr 2026	0	0	98.93	2.87	$0
Mar 2026	0	0	89.75	3.15	$0
Feb 2026	0	0	63.50	3.75	$0
Jan 2026	0	0	59.13	8.00	$0
Dec 2025	0	0	56.66	4.41	$0
Nov 2025	0	0	58.59	3.93	$0
Oct 2025	0	0	59.38	3.30	$0
Sep 2025	0	0	62.74	3.08	$0
Aug 2025	0	0	63.93	3.01	$0
Jul 2025	0	0	66.74	3.32	$0
Jun 2025	0	0	66.48	3.13	$0
May 2025	0	0	60.55	3.23	$0
Apr 2025	0	0	62.36	3.54	$0
Mar 2025	0	0	67.70	4.27	$0
Feb 2025	0	0	70.88	4.34	$0
Jan 2025	0	0	74.32	4.28	$0
Dec 2024	0	0	68.99	3.12	$0
Nov 2024	0	0	69.05	2.20	$0
Oct 2024	0	0	71.37	2.28	$0
Sep 2024	0	0	69.61	2.36	$0
Aug 2024	0	0	75.63	2.06	$0
Jul 2024	0	0	79.93	2.15	$0
Jun 2024	0	0	78.08	2.63	$0
May 2024	0	0	78.81	2.20	$0
Apr 2024	0	0	84.45	1.66	$0
Mar 2024	0	0	80.30	1.55	$0
Feb 2024	0	0	76.09	1.78	$0
Jan 2024	0	0	73.02	3.30	$0
Dec 2023	0	0	71.26	2.61	$0
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
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	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	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
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	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	31	43.43	3.10	$96
Dec 2014	0	74	54.69	3.59	$266
Nov 2014	0	78	70.46	4.25	$332
Oct 2014	0	77	78.30	3.90	$300
Sep 2014	0	80	86.16	4.05	$324
Aug 2014	0	54	89.39	4.04	$218
Jul 2014	0	62	96.56	4.18	$259
Jun 2014	0	59	98.16	4.74	$279
May 2014	0	55	94.73	4.73	$260
Apr 2014	0	54	95.94	4.81	$260
Mar 2014	0	58	95.89	5.06	$293
Feb 2014	0	50	97.40	6.19	$310
Jan 2014	0	69	90.40	4.86	$335
Dec 2013	0	69	91.82	4.35	$300
Nov 2013	0	71	88.85	3.74	$265
Oct 2013	2	87	97.42	3.78	$524
Sep 2013	0	88	104.11	3.72	$327
Aug 2013	2	114	104.25	3.52	$610
Jul 2013	2	132	102.52	3.72	$696
Jun 2013	4	113	94.40	3.93	$822
May 2013	3	108	94.83	4.15	$733
Apr 2013	4	107	93.96	4.28	$834
Mar 2013	0	104	93.62	3.91	$407
Feb 2013	0	78	91.23	3.42	$267
Jan 2013	0	99	91.60	3.42	$339
Dec 2012	0	121	86.77	3.42	$414
Nov 2012	0	121	86.95	3.62	$439
Oct 2012	0	132	89.38	3.40	$449
Sep 2012	0	198	94.67	2.92	$578
Aug 2012	0	220	92.66	2.91	$640
Jul 2012	0	225	85.13	3.02	$680
Jun 2012	0	230	79.82	2.52	$579
May 2012	0	242	91.61	2.49	$602
Apr 2012	0	258	101.65	2.00	$515
Mar 2012	0	128	105.05	2.22	$284
Feb 2012	0	7	101.10	2.57	$18
Jan 2012	0	197	98.09	2.73	$539
Dec 2011	0	156	96.87	3.24	$505
Nov 2011	0	125	95.72	3.31	$414
Oct 2011	0	4	84.98	3.65	$15
Sep 2011	0	178	83.62	3.99	$709
Aug 2011	0	201	83.40	4.15	$834
Jul 2011	0	215	94.14	4.52	$971
Jun 2011	0	250	92.90	4.64	$1,160
May 2011	0	203	98.13	4.40	$894
Apr 2011	0	138	105.96	4.33	$598
Mar 2011	0	132	96.36	4.06	$536
Feb 2011	0	187	85.64	4.18	$782
Jan 2011	0	163	86.50	4.59	$748
Dec 2010	0	213	85.73	4.35	$926
Nov 2010	0	209	80.84	3.80	$793
Oct 2010	0	249	78.10	3.51	$874
Sep 2010	0	304	72.63	3.98	$1,210
Aug 2010	0	260	73.68	4.42	$1,149
Jul 2010	0	164	72.55	4.74	$777
Jun 2010	0	167	70.36	4.91	$820
May 2010	0	267	71.12	4.24	$1,131
Apr 2010	0	189	81.69	4.12	$779
Mar 2010	0	183	78.39	4.39	$803
Feb 2010	0	152	73.58	5.44	$827
Jan 2010	0	156	74.36	5.96	$930
Dec 2009	0	128	71.44	5.48	$702
Nov 2009	0	156	74.59	3.75	$585
Oct 2009	0	165	72.54	4.11	$678
Sep 2009	0	128	65.54	3.06	$392
Aug 2009	0	169	67.42	3.22	$544
Jul 2009	0	177	61.13	3.46	$613
Jun 2009	0	185	66.16	3.90	$721
May 2009	0	201	54.74	3.93	$789
Apr 2009	0	187	46.77	3.59	$671
Mar 2009	0	208	42.14	4.06	$844
Feb 2009	0	152	32.81	4.63	$704
Jan 2009	0	169	35.86	5.37	$908
Dec 2008	0	157	37.10	5.98	$938
Nov 2008	0	166	55.49	6.86	$1,139
Oct 2008	0	182	75.24	6.92	$1,260
Sep 2008	0	218	101.76	7.88	$1,717
Aug 2008	0	194	114.22	8.48	$1,646
Jul 2008	0	171	131.08	11.39	$1,948
Jun 2008	0	232	131.33	13.03	$3,024
May 2008	0	186	123.17	11.57	$2,153
Apr 2008	0	167	110.31	10.45	$1,746
Mar 2008	0	217	101.90	9.66	$2,097
Feb 2008	0	225	92.53	8.77	$1,973
Jan 2008	0	246	90.38	8.21	$2,019
Dec 2007	0	82	88.33	7.30	$599
Nov 2007	0	145	91.67	7.29	$1,057
Oct 2007	0	131	82.85	6.92	$907
Sep 2007	0	188	75.84	6.24	$1,174
Aug 2007	0	182	69.06	6.39	$1,163
Jul 2007	0	148	70.90	6.39	$945
Jun 2007	0	208	62.00	7.55	$1,570
May 2007	0	226	58.74	7.85	$1,773
Apr 2007	0	100	59.61	7.81	$781
Mar 2007	0	167	56.92	7.30	$1,219
Feb 2007	0	160	55.10	8.22	$1,315
Jan 2007	0	234	50.30	6.73	$1,574
Dec 2006	0	206	56.65	6.92	$1,425
Nov 2006	0	150	54.20	7.62	$1,143
Oct 2006	0	171	54.90	6.01	$1,028
Sep 2006	0	147	60.08	5.04	$740
Aug 2006	0	168	68.71	7.34	$1,233
Jul 2006	0	221	69.37	6.34	$1,402
Jun 2006	0	232	66.28	6.38	$1,481
May 2006	0	125	66.01	6.42	$803
Apr 2006	0	169	64.39	7.36	$1,244
Mar 2006	0	216	56.70	7.08	$1,530
Feb 2006	0	220	57.59	7.75	$1,705
Jan 2006	0	214	60.59	8.93	$1,912
Dec 2005	0	241	54.94	13.42	$3,233
Nov 2005	0	224	54.69	10.59	$2,372
Oct 2005	0	260	58.34	13.80	$3,587
Sep 2005	0	221	61.45	12.08	$2,669
Aug 2005	0	234	61.51	9.80	$2,292
Jul 2005	0	267	55.69	7.84	$2,094
Jun 2005	0	225	52.33	7.38	$1,661
May 2005	0	200	45.22	6.65	$1,330
Apr 2005	0	180	49.20	7.36	$1,325
Mar 2005	0	191	50.37	7.15	$1,367
Feb 2005	0	192	45.22	6.31	$1,212
Jan 2005	0	219	43.16	6.32	$1,385
Dec 2004	0	193	39.86	6.75	$1,303
Nov 2004	0	257	45.28	6.33	$1,627
Oct 2004	0	194	49.70	6.52	$1,264
Sep 2004	0	202	43.24	5.28	$1,067
Aug 2004	0	203	42.37	5.55	$1,127
Jul 2004	0	202	38.28	6.08	$1,229
Jun 2004	0	211	36.10	6.43	$1,357
May 2004	0	194	37.48	6.49	$1,260
Apr 2004	0	173	34.47	5.86	$1,014
Mar 2004	0	197	34.36	5.53	$1,089
Feb 2004	0	174	32.45	5.51	$959
Jan 2004	0	153	32.03	6.30	$964
Dec 2003	0	181	30.26	6.30	$1,141
Nov 2003	0	183	28.80	4.60	$841
Oct 2003	0	148	28.17	4.76	$704
Sep 2003	0	169	26.31	4.75	$803
Aug 2003	0	206	29.76	5.13	$1,057
Jul 2003	0	190	29.41	5.17	$982
Jun 2003	0	205	28.56	5.98	$1,227
May 2003	0	185	26.59	5.97	$1,105
Apr 2003	0	166	26.67	5.41	$898
Mar 2003	0	166	31.14	6.10	$1,012
Feb 2003	0	139	33.48	7.93	$1,102
Jan 2003	0	192	30.31	5.58	$1,072
Dec 2002	0	183	26.91	4.85	$888
Nov 2002	0	174	24.66	4.14	$720
Oct 2002	0	187	26.46	4.23	$791
Sep 2002	0	169	27.44	3.64	$614
Aug 2002	0	194	25.96	3.16	$614
Jul 2002	0	186	24.58	3.06	$569
Jun 2002	0	191	23.73	3.34	$638
May 2002	0	165	24.66	3.58	$591
Apr 2002	0	216	23.65	3.51	$759
Mar 2002	0	250	22.00	3.10	$776
Feb 2002	0	219	18.22	2.38	$520
Jan 2002	0	269	17.17	2.38	$639
Dec 2001	0	300	16.93	2.36	$709
Nov 2001	0	274	18.07	2.41	$659
Oct 2001	0	431	19.78	2.53	$1,090
Sep 2001	0	356	24.26	2.25	$801
Aug 2001	0	414	24.87	3.05	$1,264
Jul 2001	0	469	23.93	3.20	$1,499
Jun 2001	0	435	24.56	3.82	$1,664
May 2001	0	377	25.52	4.31	$1,624
Apr 2001	0	392	24.68	5.34	$2,091
Mar 2001	0	381	24.54	5.38	$2,048
Feb 2001	0	328	27.75	5.77	$1,892
Jan 2001	0	356	27.47	8.40	$2,990
Dec 2000	0	375	26.88	9.12	$3,421
Nov 2000	0	370	32.21	5.66	$2,093
Oct 2000	0	385	31.23	5.15	$1,981
Sep 2000	0	418	31.87	5.19	$2,168
Aug 2000	0	396	29.64	4.54	$1,798
Jul 2000	0	392	28.53	4.09	$1,603
Jun 2000	0	149	29.30	4.40	$655
May 2000	0	336	27.26	3.68	$1,236
Apr 2000	0	245	24.51	3.12	$763
Mar 2000	0	249	28.42	2.86	$712
Feb 2000	0	272	27.62	2.73	$742
Jan 2000	0	285	25.27	2.48	$707
Dec 1999	0	289	24.28	2.42	$700
Nov 1999	0	255	23.19	2.43	$621
Oct 1999	0	321	20.98	2.80	$900
Sep 1999	0	301	21.75	2.62	$788
Aug 1999	0	336	19.26	2.88	$966
Jul 1999	0	315	17.89	2.37	$747
Jun 1999	0	348	15.94	2.36	$822
May 1999	0	287	15.79	2.32	$666
Apr 1999	0	300	15.10	2.21	$662
Mar 1999	0	336	12.47	1.84	$618
Feb 1999	0	294	9.98	1.82	$534
Jan 1999	0	323	10.38	1.90	$614
Dec 1998	0	321	9.20	1.77	$569
Nov 1998	0	305	10.89	2.19	$667
Oct 1998	0	365	12.42	1.97	$719
Sep 1998	0	367	12.59	2.08	$764
Aug 1998	0	334	11.30	1.91	$637
Jul 1998	0	440	11.74	2.24	$984
Jun 1998	0	416	11.24	2.24	$931
May 1998	0	375	12.62	2.21	$827
Apr 1998	0	532	13.04	2.51	$1,333
Mar 1998	0	222	12.80	2.31	$513
Feb 1998	0	269	13.95	2.30	$618
Jan 1998	0	267	14.70	2.15	$575
Dec 1997	0	5	16.32	2.41	$12
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	71	19.25	3.15	$224
Sep 1997	0	457	17.74	2.95	$1,350
Aug 1997	0	250	17.86	2.55	$639
Jul 1997	0	259	17.58	2.25	$582
Jun 1997	0	186	17.24	2.26	$420
May 1997	0	497	18.97	2.31	$1,147
Apr 1997	0	325	17.88	2.08	$677
Mar 1997	0	315	18.95	1.94	$611
Feb 1997	0	361	20.49	2.21	$796
Jan 1997	0	191	23.48	3.54	$676
Dec 1996	0	345	23.32	—	$0
Nov 1996	0	352	21.97	—	$0
Oct 1996	0	345	23.31	—	$0
Sep 1996	0	300	22.22	—	$0
Aug 1996	0	896	20.26	—	$0
Jul 1996	0	422	19.55	—	$0
Jun 1996	0	325	18.73	—	$0
May 1996	0	343	19.43	—	$0
Apr 1996	0	381	21.51	—	$0
Mar 1996	0	390	19.38	—	$0
Feb 1996	0	313	16.98	—	$0
Jan 1996	0	318	17.07	—	$0
Dec 1995	0	433	17.19	—	$0
Nov 1995	0	282	16.00	—	$0
Oct 1995	0	454	15.43	—	$0
Sep 1995	0	368	16.18	—	$0
Aug 1995	0	309	15.92	—	$0
Jul 1995	0	344	15.24	—	$0
Jun 1995	0	326	16.41	—	$0
May 1995	0	274	17.56	—	$0
Apr 1995	0	375	17.73	—	$0
Mar 1995	0	309	16.44	—	$0
Feb 1995	0	324	16.58	—	$0
Jan 1995	0	395	15.92	—	$0
Dec 1994	0	390	15.03	—	$0
Nov 1994	0	365	15.90	—	$0
Oct 1994	0	406	15.58	—	$0
Sep 1994	0	519	15.29	—	$0
Aug 1994	0	333	16.13	—	$0
Jul 1994	0	246	17.56	—	$0
Jun 1994	0	390	17.09	—	$0
May 1994	0	391	15.88	—	$0
Apr 1994	0	429	14.14	—	$0
Mar 1994	0	462	12.46	—	$0
Feb 1994	0	261	12.50	—	$0
Jan 1994	0	782	12.66	—	$0
Dec 1993	0	511	12.33	—	$0
Nov 1993	0	566	14.49	—	$0
Oct 1993	0	588	15.85	—	$0
Sep 1993	0	974	15.03	—	$0
Aug 1993	0	1,143	15.66	—	$0
Jul 1993	0	504	15.46	—	$0
Jun 1993	0	660	16.79	—	$0
May 1993	0	616	17.68	—	$0
Apr 1993	0	793	18.05	—	$0
Mar 1993	0	796	18.14	—	$0
Feb 1993	0	955	17.90	—	$0
Jan 1993	0	750	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.

Jan 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 43.43 =         $0
Gas                   31 Mcf  × $  3.10 =        $96

────────────────────────────────────────────────────
Month total                                      $96

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/27158 is the state's own key, not one this site invented.