BIVINS

Name: BIVINS 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 TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 27467District 10Field 89120001NGPA filingGasSave Export

Value, all time

$963 k

Jan 1993 – May 2026

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

gas

The TEXAS HUGOTON 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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered

1945-06-25

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 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: “OPTIONS.”

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	316,361 Mcf	$963,068
Total			$963,068

87,873 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 36.3199, -101.7054. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.31994, -101.70537 · 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.

Completions filed

Jun 1948

1 of 1 wells

1 well


42-42180171	G 1	—	Jun 1948	—	—

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	311	98.93	2.87	$892
Mar 2026	337	89.75	3.15	$1,061
Feb 2026	313	63.50	3.75	$1,174
Jan 2026	354	59.13	8.00	$2,831
Dec 2025	338	56.66	4.41	$1,492
Nov 2025	314	58.59	3.93	$1,233
Oct 2025	328	59.38	3.30	$1,084
Sep 2025	319	62.74	3.08	$982
Aug 2025	317	63.93	3.01	$956
Jul 2025	343	66.74	3.32	$1,137
Jun 2025	298	66.48	3.13	$932
May 2025	362	60.55	3.23	$1,170
Apr 2025	369	62.36	3.54	$1,307
Mar 2025	344	67.70	4.27	$1,468
Feb 2025	326	70.88	4.34	$1,415
Jan 2025	417	74.32	4.28	$1,784
Dec 2024	362	68.99	3.12	$1,130
Nov 2024	344	69.05	2.20	$756
Oct 2024	360	71.37	2.28	$821
Sep 2024	350	69.61	2.36	$828
Aug 2024	357	75.63	2.06	$737
Jul 2024	358	79.93	2.15	$768
Jun 2024	355	78.08	2.63	$935
May 2024	375	78.81	2.20	$824
Apr 2024	376	84.45	1.66	$624
Mar 2024	413	80.30	1.55	$638
Feb 2024	205	76.09	1.78	$366
Jan 2024	0	73.02	3.30	$0
Dec 2023	105	71.26	2.61	$274
Nov 2023	417	77.89	2.81	$1,171
Oct 2023	390	85.44	3.09	$1,204
Sep 2023	358	89.04	2.74	$979
Aug 2023	374	80.52	2.67	$1,000
Jul 2023	378	74.85	2.64	$999
Jun 2023	369	68.96	2.26	$833
May 2023	400	70.62	2.23	$891
Apr 2023	390	78.12	2.24	$873
Mar 2023	341	72.85	2.39	$816
Feb 2023	356	75.11	2.47	$878
Jan 2023	326	76.53	3.39	$1,104
Dec 2022	338	76.41	5.73	$1,936
Nov 2022	396	85.00	5.65	$2,236
Oct 2022	401	87.18	5.86	$2,351
Sep 2022	384	84.88	8.16	$3,135
Aug 2022	400	94.52	9.13	$3,651
Jul 2022	404	101.58	7.54	$3,047
Jun 2022	396	115.09	7.98	$3,159
May 2022	401	109.37	8.43	$3,382
Apr 2022	413	104.22	6.84	$2,824
Mar 2022	1,316	108.88	5.08	$6,681
Feb 2022	480	91.05	4.86	$2,332
Jan 2022	440	81.84	4.54	$1,997
Dec 2021	473	71.32	3.90	$1,844
Nov 2021	442	77.43	5.24	$2,315
Oct 2021	473	79.79	5.71	$2,703
Sep 2021	320	69.86	5.35	$1,712
Aug 2021	467	66.02	4.22	$1,971
Jul 2021	468	70.78	3.98	$1,864
Jun 2021	464	69.49	3.38	$1,569
May 2021	485	63.48	3.02	$1,464
Apr 2021	514	60.36	2.76	$1,418
Mar 2021	554	61.30	2.72	$1,505
Feb 2021	449	57.80	5.55	$2,491
Jan 2021	0	50.41	2.81	$0
Dec 2020	508	44.64	2.68	$1,359
Nov 2020	409	38.77	2.71	$1,107
Oct 2020	581	36.97	2.48	$1,440
Sep 2020	592	37.09	1.99	$1,179
Aug 2020	617	39.98	2.39	$1,472
Jul 2020	683	38.37	1.83	$1,247
Jun 2020	703	34.90	1.69	$1,188
May 2020	802	16.92	1.81	$1,455
Apr 2020	958	14.75	1.80	$1,729
Mar 2020	1,114	30.34	1.86	$2,068
Feb 2020	862	49.88	1.98	$1,707
Jan 2020	356	57.25	2.09	$746
Dec 2019	594	59.01	2.30	$1,369
Nov 2019	510	55.30	2.75	$1,403
Oct 2019	0	53.47	2.42	$0
Sep 2019	496	55.05	2.66	$1,318
Aug 2019	0	53.11	2.30	$0
Jul 2019	530	56.27	2.46	$1,304
Jun 2019	172	52.78	2.49	$428
May 2019	450	58.48	2.74	$1,233
Apr 2019	547	62.63	2.75	$1,505
Mar 2019	415	56.80	3.06	$1,271
Feb 2019	488	50.85	2.79	$1,363
Jan 2019	532	46.03	3.23	$1,717
Dec 2018	537	46.59	4.19	$2,248
Nov 2018	504	52.93	4.24	$2,136
Oct 2018	518	61.44	3.40	$1,760
Sep 2018	510	59.54	3.11	$1,585
Aug 2018	518	59.40	3.07	$1,588
Jul 2018	517	65.14	2.93	$1,516
Jun 2018	497	60.18	3.08	$1,529
May 2018	524	65.38	2.90	$1,520
Apr 2018	518	63.84	2.90	$1,503
Mar 2018	549	61.22	2.79	$1,530
Feb 2018	496	61.78	2.77	$1,372
Jan 2018	555	62.87	4.01	$2,225
Dec 2017	678	57.27	2.92	$1,981
Nov 2017	510	55.42	3.12	$1,590
Oct 2017	515	49.29	2.98	$1,537
Sep 2017	499	47.52	3.09	$1,541
Aug 2017	522	45.37	3.00	$1,568
Jul 2017	535	43.87	3.09	$1,652
Jun 2017	406	42.49	3.09	$1,253
May 2017	453	45.37	3.26	$1,478
Apr 2017	515	47.93	3.21	$1,654
Mar 2017	521	46.77	2.98	$1,555
Feb 2017	522	50.45	2.95	$1,541
Jan 2017	532	49.41	3.42	$1,819
Dec 2016	529	48.76	3.72	$1,969
Nov 2016	529	42.49	2.64	$1,399
Oct 2016	544	46.19	3.09	$1,681
Sep 2016	522	41.55	3.10	$1,619
Aug 2016	548	41.44	2.92	$1,603
Jul 2016	512	41.62	2.92	$1,497
Jun 2016	546	45.35	2.69	$1,466
May 2016	502	42.52	1.99	$1,000
Apr 2016	514	36.56	1.99	$1,023
Mar 2016	563	33.01	1.79	$1,010
Feb 2016	527	26.47	2.06	$1,088
Jan 2016	544	27.35	2.36	$1,286
Dec 2015	566	32.36	2.00	$1,133
Nov 2015	525	38.79	2.17	$1,138
Oct 2015	556	43.55	2.43	$1,349
Sep 2015	511	42.99	2.76	$1,410
Aug 2015	539	40.16	2.87	$1,548
Jul 2015	533	48.15	2.95	$1,570
Jun 2015	531	56.15	2.88	$1,531
May 2015	556	55.21	2.96	$1,643
Apr 2015	549	49.82	2.71	$1,486
Mar 2015	555	42.89	2.93	$1,629
Feb 2015	505	44.66	2.98	$1,503
Jan 2015	583	43.43	3.10	$1,808
Dec 2014	585	54.69	3.59	$2,101
Nov 2014	557	70.46	4.25	$2,368
Oct 2014	583	78.30	3.90	$2,274
Sep 2014	561	86.16	4.05	$2,269
Aug 2014	577	89.39	4.04	$2,328
Jul 2014	499	96.56	4.18	$2,086
Jun 2014	563	98.16	4.74	$2,667
May 2014	585	94.73	4.73	$2,765
Apr 2014	572	95.94	4.81	$2,751
Mar 2014	590	95.89	5.06	$2,984
Feb 2014	531	97.40	6.19	$3,288
Jan 2014	592	90.40	4.86	$2,878
Dec 2013	593	91.82	4.35	$2,582
Nov 2013	576	88.85	3.74	$2,153
Oct 2013	600	97.42	3.78	$2,268
Sep 2013	578	104.11	3.72	$2,149
Aug 2013	583	104.25	3.52	$2,054
Jul 2013	586	102.52	3.72	$2,179
Jun 2013	576	94.40	3.93	$2,266
May 2013	600	94.83	4.15	$2,489
Apr 2013	587	93.96	4.28	$2,514
Mar 2013	613	93.62	3.91	$2,399
Feb 2013	579	91.23	3.42	$1,980
Jan 2013	614	91.60	3.42	$2,100
Dec 2012	616	86.77	3.42	$2,107
Nov 2012	595	86.95	3.62	$2,157
Oct 2012	608	89.38	3.40	$2,067
Sep 2012	578	94.67	2.92	$1,687
Aug 2012	587	92.66	2.91	$1,707
Jul 2012	582	85.13	3.02	$1,758
Jun 2012	567	79.82	2.52	$1,428
May 2012	586	91.61	2.49	$1,458
Apr 2012	517	101.65	2.00	$1,032
Mar 2012	594	105.05	2.22	$1,320
Feb 2012	570	101.10	2.57	$1,465
Jan 2012	604	98.09	2.73	$1,651
Dec 2011	609	96.87	3.24	$1,973
Nov 2011	577	95.72	3.31	$1,911
Oct 2011	0	84.98	3.65	$0
Sep 2011	650	83.62	3.99	$2,591
Aug 2011	590	83.40	4.15	$2,448
Jul 2011	575	94.14	4.52	$2,597
Jun 2011	573	92.90	4.64	$2,659
May 2011	640	98.13	4.40	$2,819
Apr 2011	646	105.96	4.33	$2,799
Mar 2011	720	96.36	4.06	$2,921
Feb 2011	687	85.64	4.18	$2,872
Jan 2011	752	86.50	4.59	$3,451
Dec 2010	755	85.73	4.35	$3,283
Nov 2010	727	80.84	3.80	$2,759
Oct 2010	680	78.10	3.51	$2,386
Sep 2010	613	72.63	3.98	$2,439
Aug 2010	626	73.68	4.42	$2,767
Jul 2010	620	72.55	4.74	$2,937
Jun 2010	600	70.36	4.91	$2,946
May 2010	649	71.12	4.24	$2,749
Apr 2010	633	81.69	4.12	$2,610
Mar 2010	679	78.39	4.39	$2,980
Feb 2010	627	73.58	5.44	$3,412
Jan 2010	683	74.36	5.96	$4,073
Dec 2009	709	71.44	5.48	$3,888
Nov 2009	662	74.59	3.75	$2,483
Oct 2009	683	72.54	4.11	$2,807
Sep 2009	628	65.54	3.06	$1,925
Aug 2009	628	67.42	3.22	$2,021
Jul 2009	640	61.13	3.46	$2,217
Jun 2009	627	66.16	3.90	$2,442
May 2009	665	54.74	3.93	$2,611
Apr 2009	655	46.77	3.59	$2,350
Mar 2009	685	42.14	4.06	$2,780
Feb 2009	632	32.81	4.63	$2,928
Jan 2009	774	35.86	5.37	$4,157
Dec 2008	712	37.10	5.98	$4,256
Nov 2008	678	55.49	6.86	$4,651
Oct 2008	699	75.24	6.92	$4,838
Sep 2008	662	101.76	7.88	$5,215
Aug 2008	671	114.22	8.48	$5,692
Jul 2008	682	131.08	11.39	$7,768
Jun 2008	644	131.33	13.03	$8,393
May 2008	585	123.17	11.57	$6,771
Apr 2008	631	110.31	10.45	$6,597
Mar 2008	653	101.90	9.66	$6,311
Feb 2008	555	92.53	8.77	$4,868
Jan 2008	565	90.38	8.21	$4,636
Dec 2007	579	88.33	7.30	$4,228
Nov 2007	630	91.67	7.29	$4,594
Oct 2007	611	82.85	6.92	$4,229
Sep 2007	587	75.84	6.24	$3,665
Aug 2007	646	69.06	6.39	$4,127
Jul 2007	660	70.90	6.39	$4,216
Jun 2007	654	62.00	7.55	$4,937
May 2007	672	58.74	7.85	$5,273
Apr 2007	677	59.61	7.81	$5,284
Mar 2007	708	56.92	7.30	$5,170
Feb 2007	800	55.10	8.22	$6,573
Jan 2007	866	50.30	6.73	$5,825
Dec 2006	797	56.65	6.92	$5,514
Nov 2006	700	54.20	7.62	$5,332
Oct 2006	697	54.90	6.01	$4,192
Sep 2006	660	60.08	5.04	$3,325
Aug 2006	679	68.71	7.34	$4,984
Jul 2006	687	69.37	6.34	$4,357
Jun 2006	685	66.28	6.38	$4,373
May 2006	702	66.01	6.42	$4,510
Apr 2006	673	64.39	7.36	$4,954
Mar 2006	712	56.70	7.08	$5,043
Feb 2006	651	57.59	7.75	$5,046
Jan 2006	713	60.59	8.93	$6,369
Dec 2005	764	54.94	13.42	$10,249
Nov 2005	714	54.69	10.59	$7,560
Oct 2005	716	58.34	13.80	$9,878
Sep 2005	673	61.45	12.08	$8,129
Aug 2005	707	61.51	9.80	$6,926
Jul 2005	711	55.69	7.84	$5,577
Jun 2005	710	52.33	7.38	$5,241
May 2005	674	45.22	6.65	$4,483
Apr 2005	683	49.20	7.36	$5,027
Mar 2005	716	50.37	7.15	$5,123
Feb 2005	669	45.22	6.31	$4,223
Jan 2005	776	43.16	6.32	$4,906
Dec 2004	769	39.86	6.75	$5,192
Nov 2004	734	45.28	6.33	$4,647
Oct 2004	708	49.70	6.52	$4,613
Sep 2004	700	43.24	5.28	$3,699
Aug 2004	699	42.37	5.55	$3,880
Jul 2004	719	38.28	6.08	$4,375
Jun 2004	708	36.10	6.43	$4,555
May 2004	722	37.48	6.49	$4,689
Apr 2004	701	34.47	5.86	$4,107
Mar 2004	741	34.36	5.53	$4,098
Feb 2004	702	32.45	5.51	$3,868
Jan 2004	732	32.03	6.30	$4,611
Dec 2003	807	30.26	6.30	$5,085
Nov 2003	725	28.80	4.60	$3,331
Oct 2003	754	28.17	4.76	$3,589
Sep 2003	736	26.31	4.75	$3,496
Aug 2003	745	29.76	5.13	$3,822
Jul 2003	759	29.41	5.17	$3,925
Jun 2003	782	28.56	5.98	$4,679
May 2003	782	26.59	5.97	$4,671
Apr 2003	838	26.67	5.41	$4,531
Mar 2003	907	31.14	6.10	$5,529
Feb 2003	872	33.48	7.93	$6,911
Jan 2003	873	30.31	5.58	$4,873
Dec 2002	902	26.91	4.85	$4,378
Nov 2002	792	24.66	4.14	$3,276
Oct 2002	828	26.46	4.23	$3,502
Sep 2002	731	27.44	3.64	$2,657
Aug 2002	805	25.96	3.16	$2,547
Jul 2002	782	24.58	3.06	$2,394
Jun 2002	729	23.73	3.34	$2,434
May 2002	752	24.66	3.58	$2,695
Apr 2002	731	23.65	3.51	$2,568
Mar 2002	797	22.00	3.10	$2,473
Feb 2002	768	18.22	2.38	$1,825
Jan 2002	875	17.17	2.38	$2,079
Dec 2001	841	16.93	2.36	$1,988
Nov 2001	761	18.07	2.41	$1,831
Oct 2001	795	19.78	2.53	$2,010
Sep 2001	779	24.26	2.25	$1,754
Aug 2001	828	24.87	3.05	$2,528
Jul 2001	873	23.93	3.20	$2,791
Jun 2001	756	24.56	3.82	$2,891
May 2001	845	25.52	4.31	$3,640
Apr 2001	809	24.68	5.34	$4,316
Mar 2001	763	24.54	5.38	$4,102
Feb 2001	770	27.75	5.77	$4,441
Jan 2001	835	27.47	8.40	$7,013
Dec 2000	951	26.88	9.12	$8,676
Nov 2000	765	32.21	5.66	$4,328
Oct 2000	828	31.23	5.15	$4,260
Sep 2000	744	31.87	5.19	$3,859
Aug 2000	855	29.64	4.54	$3,882
Jul 2000	859	28.53	4.09	$3,513
Jun 2000	819	29.30	4.40	$3,601
May 2000	839	27.26	3.68	$3,087
Apr 2000	883	24.51	3.12	$2,751
Mar 2000	925	28.42	2.86	$2,645
Feb 2000	888	27.62	2.73	$2,421
Jan 2000	946	25.27	2.48	$2,347
Dec 1999	972	24.28	2.42	$2,356
Nov 1999	910	23.19	2.43	$2,215
Oct 1999	953	20.98	2.80	$2,672
Sep 1999	839	21.75	2.62	$2,197
Aug 1999	931	19.26	2.88	$2,677
Jul 1999	911	17.89	2.37	$2,161
Jun 1999	942	15.94	2.36	$2,225
May 1999	948	15.79	2.32	$2,200
Apr 1999	963	15.10	2.21	$2,126
Mar 1999	980	12.47	1.84	$1,802
Feb 1999	917	9.98	1.82	$1,667
Jan 1999	1,037	10.38	1.90	$1,970
Dec 1998	1,089	9.20	1.77	$1,931
Nov 1998	981	10.89	2.19	$2,144
Oct 1998	1,042	12.42	1.97	$2,052
Sep 1998	1,103	12.59	2.08	$2,297
Aug 1998	1,266	11.30	1.91	$2,415
Jul 1998	1,361	11.74	2.24	$3,045
Jun 1998	949	11.24	2.24	$2,123
May 1998	1,487	12.62	2.21	$3,281
Apr 1998	1,627	13.04	2.51	$4,076
Mar 1998	1,774	12.80	2.31	$4,097
Feb 1998	1,259	13.95	2.30	$2,895
Jan 1998	1,696	14.70	2.15	$3,655
Dec 1997	1,694	16.32	2.41	$4,084
Nov 1997	1,711	18.19	3.09	$5,284
Oct 1997	1,809	19.25	3.15	$5,698
Sep 1997	843	17.74	2.95	$2,491
Aug 1997	1,051	17.86	2.55	$2,685
Jul 1997	1,069	17.58	2.25	$2,402
Jun 1997	1,047	17.24	2.26	$2,363
May 1997	1,040	18.97	2.31	$2,401
Apr 1997	1,072	17.88	2.08	$2,233
Mar 1997	1,141	18.95	1.94	$2,213
Feb 1997	1,070	20.49	2.21	$2,360
Jan 1997	1,275	23.48	3.54	$4,513
Dec 1996	1,254	23.32	—	$0
Nov 1996	1,287	21.97	—	$0
Oct 1996	1,332	23.31	—	$0
Sep 1996	1,378	22.22	—	$0
Aug 1996	1,529	20.26	—	$0
Jul 1996	1,470	19.55	—	$0
Jun 1996	1,462	18.73	—	$0
May 1996	1,694	19.43	—	$0
Apr 1996	1,662	21.51	—	$0
Mar 1996	1,788	19.38	—	$0
Feb 1996	1,684	16.98	—	$0
Jan 1996	1,758	17.07	—	$0
Dec 1995	1,799	17.19	—	$0
Nov 1995	1,664	16.00	—	$0
Oct 1995	1,758	15.43	—	$0
Sep 1995	1,980	16.18	—	$0
Aug 1995	1,874	15.92	—	$0
Jul 1995	1,966	15.24	—	$0
Jun 1995	1,236	16.41	—	$0
May 1995	1,919	17.56	—	$0
Apr 1995	1,807	17.73	—	$0
Mar 1995	1,986	16.44	—	$0
Feb 1995	1,828	16.58	—	$0
Jan 1995	1,598	15.92	—	$0
Dec 1994	1,852	15.03	—	$0
Nov 1994	1,728	15.90	—	$0
Oct 1994	1,910	15.58	—	$0
Sep 1994	1,724	15.29	—	$0
Aug 1994	1,906	16.13	—	$0
Jul 1994	2,030	17.56	—	$0
Jun 1994	1,467	17.09	—	$0
May 1994	2,050	15.88	—	$0
Apr 1994	1,979	14.14	—	$0
Mar 1994	2,102	12.46	—	$0
Feb 1994	1,983	12.50	—	$0
Jan 1994	2,297	12.66	—	$0
Dec 1993	2,290	12.33	—	$0
Nov 1993	2,117	14.49	—	$0
Oct 1993	2,036	15.85	—	$0
Sep 1993	1,782	15.03	—	$0
Aug 1993	2,100	15.66	—	$0
Jul 1993	1,950	15.46	—	$0
Jun 1993	1,717	16.79	—	$0
May 1993	2,288	17.68	—	$0
Apr 1993	2,130	18.05	—	$0
Mar 1993	2,336	18.14	—	$0
Feb 1993	2,088	17.90	—	$0
Jan 1993	2,298	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                  311 Mcf  × $  2.87 =       $892

────────────────────────────────────────────────────
Month total                                     $892

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/27467 is the state's own key, not one this site invented.