MASTERSON

Name: MASTERSON 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 54640District 10Field 68831200Hydrogen sulphide fieldNGPA filingGasSave Export

Value, all time

$632 k

Jan 1993 – May 2026

Value, last 12 filed months

$11 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	197,736 Mcf	$631,916
Total			$631,916

47,857 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 35.5441, -101.7853. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.54408, -101.78534 · 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

1,630 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 1,630 ft.

1 well


42-37530077	58R	1,630 ft	—	—	—

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	259	98.93	2.87	$743
Mar 2026	263	89.75	3.15	$828
Feb 2026	238	63.50	3.75	$893
Jan 2026	264	59.13	8.00	$2,111
Dec 2025	262	56.66	4.41	$1,156
Nov 2025	254	58.59	3.93	$997
Oct 2025	269	59.38	3.30	$889
Sep 2025	265	62.74	3.08	$815
Aug 2025	274	63.93	3.01	$826
Jul 2025	277	66.74	3.32	$918
Jun 2025	273	66.48	3.13	$854
May 2025	281	60.55	3.23	$908
Apr 2025	271	62.36	3.54	$960
Mar 2025	304	67.70	4.27	$1,298
Feb 2025	206	70.88	4.34	$894
Jan 2025	266	74.32	4.28	$1,138
Dec 2024	275	68.99	3.12	$858
Nov 2024	267	69.05	2.20	$587
Oct 2024	279	71.37	2.28	$637
Sep 2024	273	69.61	2.36	$645
Aug 2024	282	75.63	2.06	$582
Jul 2024	287	79.93	2.15	$616
Jun 2024	279	78.08	2.63	$735
May 2024	284	78.81	2.20	$624
Apr 2024	271	84.45	1.66	$450
Mar 2024	140	80.30	1.55	$216
Feb 2024	95	76.09	1.78	$169
Jan 2024	267	73.02	3.30	$880
Dec 2023	284	71.26	2.61	$741
Nov 2023	277	77.89	2.81	$778
Oct 2023	291	85.44	3.09	$898
Sep 2023	286	89.04	2.74	$782
Aug 2023	297	80.52	2.67	$794
Jul 2023	308	74.85	2.64	$814
Jun 2023	296	68.96	2.26	$669
May 2023	306	70.62	2.23	$682
Apr 2023	293	78.12	2.24	$656
Mar 2023	295	72.85	2.39	$706
Feb 2023	262	75.11	2.47	$646
Jan 2023	292	76.53	3.39	$989
Dec 2022	299	76.41	5.73	$1,713
Nov 2022	292	85.00	5.65	$1,649
Oct 2022	309	87.18	5.86	$1,812
Sep 2022	304	84.88	8.16	$2,482
Aug 2022	318	94.52	9.13	$2,902
Jul 2022	320	101.58	7.54	$2,413
Jun 2022	295	115.09	7.98	$2,353
May 2022	317	109.37	8.43	$2,673
Apr 2022	300	104.22	6.84	$2,051
Mar 2022	300	108.88	5.08	$1,523
Feb 2022	288	91.05	4.86	$1,399
Jan 2022	303	81.84	4.54	$1,375
Dec 2021	314	71.32	3.90	$1,224
Nov 2021	307	77.43	5.24	$1,608
Oct 2021	322	79.79	5.71	$1,840
Sep 2021	314	69.86	5.35	$1,680
Aug 2021	329	66.02	4.22	$1,389
Jul 2021	331	70.78	3.98	$1,318
Jun 2021	331	69.49	3.38	$1,119
May 2021	363	63.48	3.02	$1,095
Apr 2021	229	60.36	2.76	$632
Mar 2021	391	61.30	2.72	$1,062
Feb 2021	157	57.80	5.55	$871
Jan 2021	314	50.41	2.81	$882
Dec 2020	322	44.64	2.68	$862
Nov 2020	343	38.77	2.71	$928
Oct 2020	309	36.97	2.48	$766
Sep 2020	335	37.09	1.99	$667
Aug 2020	347	39.98	2.39	$828
Jul 2020	346	38.37	1.83	$631
Jun 2020	336	34.90	1.69	$568
May 2020	345	16.92	1.81	$626
Apr 2020	298	14.75	1.80	$538
Mar 2020	360	30.34	1.86	$668
Feb 2020	307	49.88	1.98	$608
Jan 2020	374	57.25	2.09	$783
Dec 2019	397	59.01	2.30	$915
Nov 2019	420	55.30	2.75	$1,155
Oct 2019	487	53.47	2.42	$1,178
Sep 2019	318	55.05	2.66	$845
Aug 2019	210	53.11	2.30	$484
Jul 2019	332	56.27	2.46	$817
Jun 2019	0	52.78	2.49	$0
May 2019	0	58.48	2.74	$0
Apr 2019	0	62.63	2.75	$0
Mar 2019	28	56.80	3.06	$86
Feb 2019	171	50.85	2.79	$477
Jan 2019	66	46.03	3.23	$213
Dec 2018	0	46.59	4.19	$0
Nov 2018	0	52.93	4.24	$0
Oct 2018	400	61.44	3.40	$1,359
Sep 2018	407	59.54	3.11	$1,265
Aug 2018	462	59.40	3.07	$1,417
Jul 2018	648	65.14	2.93	$1,900
Jun 2018	0	60.18	3.08	$0
May 2018	103	65.38	2.90	$299
Apr 2018	253	63.84	2.90	$734
Mar 2018	0	61.22	2.79	$0
Feb 2018	57	61.78	2.77	$158
Jan 2018	98	62.87	4.01	$393
Dec 2017	320	57.27	2.92	$935
Nov 2017	420	55.42	3.12	$1,310
Oct 2017	290	49.29	2.98	$865
Sep 2017	223	47.52	3.09	$688
Aug 2017	309	45.37	3.00	$928
Jul 2017	220	43.87	3.09	$679
Jun 2017	346	42.49	3.09	$1,068
May 2017	372	45.37	3.26	$1,214
Apr 2017	359	47.93	3.21	$1,153
Mar 2017	369	46.77	2.98	$1,101
Feb 2017	325	50.45	2.95	$960
Jan 2017	388	49.41	3.42	$1,326
Dec 2016	375	48.76	3.72	$1,396
Nov 2016	444	42.49	2.64	$1,174
Oct 2016	283	46.19	3.09	$875
Sep 2016	0	41.55	3.10	$0
Aug 2016	334	41.44	2.92	$977
Jul 2016	366	41.62	2.92	$1,070
Jun 2016	356	45.35	2.69	$956
May 2016	381	42.52	1.99	$759
Apr 2016	371	36.56	1.99	$739
Mar 2016	395	33.01	1.79	$709
Feb 2016	341	26.47	2.06	$704
Jan 2016	389	27.35	2.36	$920
Dec 2015	386	32.36	2.00	$773
Nov 2015	385	38.79	2.17	$834
Oct 2015	406	43.55	2.43	$985
Sep 2015	395	42.99	2.76	$1,090
Aug 2015	403	40.16	2.87	$1,158
Jul 2015	416	48.15	2.95	$1,225
Jun 2015	450	56.15	2.88	$1,297
May 2015	261	55.21	2.96	$771
Apr 2015	394	49.82	2.71	$1,066
Mar 2015	412	42.89	2.93	$1,209
Feb 2015	336	44.66	2.98	$1,000
Jan 2015	405	43.43	3.10	$1,256
Dec 2014	434	54.69	3.59	$1,559
Nov 2014	385	70.46	4.25	$1,637
Oct 2014	427	78.30	3.90	$1,666
Sep 2014	206	86.16	4.05	$833
Aug 2014	318	89.39	4.04	$1,283
Jul 2014	416	96.56	4.18	$1,739
Jun 2014	395	98.16	4.74	$1,871
May 2014	401	94.73	4.73	$1,895
Apr 2014	410	95.94	4.81	$1,972
Mar 2014	428	95.89	5.06	$2,164
Feb 2014	340	97.40	6.19	$2,105
Jan 2014	423	90.40	4.86	$2,056
Dec 2013	435	91.82	4.35	$1,894
Nov 2013	436	88.85	3.74	$1,630
Oct 2013	399	97.42	3.78	$1,508
Sep 2013	261	104.11	3.72	$970
Aug 2013	422	104.25	3.52	$1,487
Jul 2013	429	102.52	3.72	$1,595
Jun 2013	431	94.40	3.93	$1,695
May 2013	311	94.83	4.15	$1,290
Apr 2013	399	93.96	4.28	$1,709
Mar 2013	410	93.62	3.91	$1,604
Feb 2013	372	91.23	3.42	$1,272
Jan 2013	410	91.60	3.42	$1,402
Dec 2012	418	86.77	3.42	$1,430
Nov 2012	409	86.95	3.62	$1,483
Oct 2012	428	89.38	3.40	$1,455
Sep 2012	424	94.67	2.92	$1,237
Aug 2012	440	92.66	2.91	$1,280
Jul 2012	443	85.13	3.02	$1,338
Jun 2012	425	79.82	2.52	$1,071
May 2012	423	91.61	2.49	$1,053
Apr 2012	427	101.65	2.00	$853
Mar 2012	439	105.05	2.22	$975
Feb 2012	415	101.10	2.57	$1,067
Jan 2012	433	98.09	2.73	$1,184
Dec 2011	432	96.87	3.24	$1,400
Nov 2011	422	95.72	3.31	$1,397
Oct 2011	442	84.98	3.65	$1,613
Sep 2011	438	83.62	3.99	$1,746
Aug 2011	453	83.40	4.15	$1,880
Jul 2011	434	94.14	4.52	$1,960
Jun 2011	444	92.90	4.64	$2,060
May 2011	460	98.13	4.40	$2,026
Apr 2011	449	105.96	4.33	$1,946
Mar 2011	457	96.36	4.06	$1,854
Feb 2011	405	85.64	4.18	$1,693
Jan 2011	447	86.50	4.59	$2,051
Dec 2010	450	85.73	4.35	$1,956
Nov 2010	443	80.84	3.80	$1,681
Oct 2010	464	78.10	3.51	$1,628
Sep 2010	450	72.63	3.98	$1,791
Aug 2010	470	73.68	4.42	$2,077
Jul 2010	490	72.55	4.74	$2,321
Jun 2010	455	70.36	4.91	$2,234
May 2010	427	71.12	4.24	$1,808
Apr 2010	454	81.69	4.12	$1,872
Mar 2010	446	78.39	4.39	$1,957
Feb 2010	411	73.58	5.44	$2,237
Jan 2010	462	74.36	5.96	$2,755
Dec 2009	474	71.44	5.48	$2,599
Nov 2009	475	74.59	3.75	$1,782
Oct 2009	496	72.54	4.11	$2,039
Sep 2009	473	65.54	3.06	$1,450
Aug 2009	494	67.42	3.22	$1,590
Jul 2009	516	61.13	3.46	$1,788
Jun 2009	482	66.16	3.90	$1,877
May 2009	506	54.74	3.93	$1,986
Apr 2009	551	46.77	3.59	$1,977
Mar 2009	217	42.14	4.06	$881
Feb 2009	311	32.81	4.63	$1,441
Jan 2009	396	35.86	5.37	$2,127
Dec 2008	487	37.10	5.98	$2,911
Nov 2008	490	55.49	6.86	$3,362
Oct 2008	509	75.24	6.92	$3,523
Sep 2008	504	101.76	7.88	$3,970
Aug 2008	527	114.22	8.48	$4,471
Jul 2008	529	131.08	11.39	$6,025
Jun 2008	340	131.33	13.03	$4,431
May 2008	213	123.17	11.57	$2,465
Apr 2008	197	110.31	10.45	$2,060
Mar 2008	478	101.90	9.66	$4,619
Feb 2008	358	92.53	8.77	$3,140
Jan 2008	196	90.38	8.21	$1,608
Dec 2007	521	88.33	7.30	$3,804
Nov 2007	520	91.67	7.29	$3,792
Oct 2007	540	82.85	6.92	$3,738
Sep 2007	506	75.84	6.24	$3,160
Aug 2007	511	69.06	6.39	$3,264
Jul 2007	546	70.90	6.39	$3,488
Jun 2007	521	62.00	7.55	$3,933
May 2007	459	58.74	7.85	$3,601
Apr 2007	360	59.61	7.81	$2,810
Mar 2007	410	56.92	7.30	$2,994
Feb 2007	404	55.10	8.22	$3,319
Jan 2007	480	50.30	6.73	$3,229
Dec 2006	471	56.65	6.92	$3,259
Nov 2006	502	54.20	7.62	$3,824
Oct 2006	600	54.90	6.01	$3,608
Sep 2006	512	60.08	5.04	$2,579
Aug 2006	528	68.71	7.34	$3,875
Jul 2006	565	69.37	6.34	$3,584
Jun 2006	556	66.28	6.38	$3,549
May 2006	558	66.01	6.42	$3,585
Apr 2006	551	64.39	7.36	$4,056
Mar 2006	639	56.70	7.08	$4,526
Feb 2006	713	57.59	7.75	$5,527
Jan 2006	0	60.59	8.93	$0
Dec 2005	0	54.94	13.42	$0
Nov 2005	12	54.69	10.59	$127
Oct 2005	586	58.34	13.80	$8,084
Sep 2005	600	61.45	12.08	$7,247
Aug 2005	691	61.51	9.80	$6,770
Jul 2005	580	55.69	7.84	$4,549
Jun 2005	0	52.33	7.38	$0
May 2005	245	45.22	6.65	$1,630
Apr 2005	500	49.20	7.36	$3,680
Mar 2005	471	50.37	7.15	$3,370
Feb 2005	411	45.22	6.31	$2,594
Jan 2005	465	43.16	6.32	$2,940
Dec 2004	485	39.86	6.75	$3,274
Nov 2004	509	45.28	6.33	$3,222
Oct 2004	541	49.70	6.52	$3,525
Sep 2004	530	43.24	5.28	$2,800
Aug 2004	624	42.37	5.55	$3,464
Jul 2004	618	38.28	6.08	$3,760
Jun 2004	588	36.10	6.43	$3,783
May 2004	600	37.48	6.49	$3,897
Apr 2004	529	34.47	5.86	$3,099
Mar 2004	476	34.36	5.53	$2,632
Feb 2004	465	32.45	5.51	$2,562
Jan 2004	564	32.03	6.30	$3,553
Dec 2003	593	30.26	6.30	$3,737
Nov 2003	598	28.80	4.60	$2,748
Oct 2003	621	28.17	4.76	$2,956
Sep 2003	567	26.31	4.75	$2,693
Aug 2003	599	29.76	5.13	$3,073
Jul 2003	649	29.41	5.17	$3,356
Jun 2003	671	28.56	5.98	$4,015
May 2003	620	26.59	5.97	$3,703
Apr 2003	443	26.67	5.41	$2,395
Mar 2003	449	31.14	6.10	$2,737
Feb 2003	498	33.48	7.93	$3,947
Jan 2003	468	30.31	5.58	$2,612
Dec 2002	515	26.91	4.85	$2,500
Nov 2002	533	24.66	4.14	$2,205
Oct 2002	651	26.46	4.23	$2,753
Sep 2002	621	27.44	3.64	$2,257
Aug 2002	651	25.96	3.16	$2,060
Jul 2002	692	24.58	3.06	$2,119
Jun 2002	678	23.73	3.34	$2,263
May 2002	593	24.66	3.58	$2,125
Apr 2002	490	23.65	3.51	$1,721
Mar 2002	478	22.00	3.10	$1,483
Feb 2002	437	18.22	2.38	$1,038
Jan 2002	441	17.17	2.38	$1,048
Dec 2001	574	16.93	2.36	$1,357
Nov 2001	675	18.07	2.41	$1,624
Oct 2001	682	19.78	2.53	$1,725
Sep 2001	709	24.26	2.25	$1,596
Aug 2001	710	24.87	3.05	$2,168
Jul 2001	568	23.93	3.20	$1,816
Jun 2001	786	24.56	3.82	$3,006
May 2001	571	25.52	4.31	$2,459
Apr 2001	420	24.68	5.34	$2,241
Mar 2001	384	24.54	5.38	$2,065
Feb 2001	320	27.75	5.77	$1,845
Jan 2001	331	27.47	8.40	$2,780
Dec 2000	503	26.88	9.12	$4,589
Nov 2000	525	32.21	5.66	$2,970
Oct 2000	756	31.23	5.15	$3,890
Sep 2000	711	31.87	5.19	$3,688
Aug 2000	810	29.64	4.54	$3,678
Jul 2000	774	28.53	4.09	$3,165
Jun 2000	606	29.30	4.40	$2,665
May 2000	793	27.26	3.68	$2,918
Apr 2000	549	24.51	3.12	$1,711
Mar 2000	654	28.42	2.86	$1,870
Feb 2000	474	27.62	2.73	$1,292
Jan 2000	543	25.27	2.48	$1,347
Dec 1999	687	24.28	2.42	$1,665
Nov 1999	828	23.19	2.43	$2,015
Oct 1999	811	20.98	2.80	$2,274
Sep 1999	968	21.75	2.62	$2,535
Aug 1999	638	19.26	2.88	$1,835
Jul 1999	0	17.89	2.37	$0
Jun 1999	250	15.94	2.36	$591
May 1999	660	15.79	2.32	$1,532
Apr 1999	525	15.10	2.21	$1,159
Mar 1999	684	12.47	1.84	$1,257
Feb 1999	603	9.98	1.82	$1,096
Jan 1999	631	10.38	1.90	$1,199
Dec 1998	780	9.20	1.77	$1,383
Nov 1998	564	10.89	2.19	$1,233
Oct 1998	760	12.42	1.97	$1,497
Sep 1998	895	12.59	2.08	$1,864
Aug 1998	551	11.30	1.91	$1,051
Jul 1998	857	11.74	2.24	$1,917
Jun 1998	794	11.24	2.24	$1,776
May 1998	563	12.62	2.21	$1,242
Apr 1998	609	13.04	2.51	$1,526
Mar 1998	593	12.80	2.31	$1,370
Feb 1998	559	13.95	2.30	$1,285
Jan 1998	661	14.70	2.15	$1,424
Dec 1997	779	16.32	2.41	$1,878
Nov 1997	548	18.19	3.09	$1,692
Oct 1997	750	19.25	3.15	$2,362
Sep 1997	779	17.74	2.95	$2,302
Aug 1997	846	17.86	2.55	$2,161
Jul 1997	851	17.58	2.25	$1,912
Jun 1997	899	17.24	2.26	$2,029
May 1997	788	18.97	2.31	$1,819
Apr 1997	830	17.88	2.08	$1,729
Mar 1997	861	18.95	1.94	$1,670
Feb 1997	0	20.49	2.21	$0
Jan 1997	521	23.48	3.54	$1,844
Dec 1996	723	23.32	—	$0
Nov 1996	785	21.97	—	$0
Oct 1996	945	23.31	—	$0
Sep 1996	1,376	22.22	—	$0
Aug 1996	789	20.26	—	$0
Jul 1996	895	19.55	—	$0
Jun 1996	936	18.73	—	$0
May 1996	969	19.43	—	$0
Apr 1996	937	21.51	—	$0
Mar 1996	833	19.38	—	$0
Feb 1996	668	16.98	—	$0
Jan 1996	750	17.07	—	$0
Dec 1995	898	17.19	—	$0
Nov 1995	995	16.00	—	$0
Oct 1995	1,135	15.43	—	$0
Sep 1995	907	16.18	—	$0
Aug 1995	621	15.92	—	$0
Jul 1995	577	15.24	—	$0
Jun 1995	1,108	16.41	—	$0
May 1995	607	17.56	—	$0
Apr 1995	1,042	17.73	—	$0
Mar 1995	804	16.44	—	$0
Feb 1995	755	16.58	—	$0
Jan 1995	924	15.92	—	$0
Dec 1994	958	15.03	—	$0
Nov 1994	1,037	15.90	—	$0
Oct 1994	1,121	15.58	—	$0
Sep 1994	1,095	15.29	—	$0
Aug 1994	1,109	16.13	—	$0
Jul 1994	1,164	17.56	—	$0
Jun 1994	1,029	17.09	—	$0
May 1994	938	15.88	—	$0
Apr 1994	938	14.14	—	$0
Mar 1994	904	12.46	—	$0
Feb 1994	803	12.50	—	$0
Jan 1994	988	12.66	—	$0
Dec 1993	1,026	12.33	—	$0
Nov 1993	1,090	14.49	—	$0
Oct 1993	979	15.85	—	$0
Sep 1993	1,041	15.03	—	$0
Aug 1993	1,287	15.66	—	$0
Jul 1993	1,407	15.46	—	$0
Jun 1993	1,348	16.79	—	$0
May 1993	1,238	17.68	—	$0
Apr 1993	1,342	18.05	—	$0
Mar 1993	1,313	18.14	—	$0
Feb 1993	1,344	17.90	—	$0
Jan 1993	1,379	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                  259 Mcf  × $  2.87 =       $743

────────────────────────────────────────────────────
Month total                                     $743

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/54640 is the state's own key, not one this site invented.