ANGUS SPEAR TR., 4&5

Name: ANGUS SPEAR TR., 4&5 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BASA RESOURCES, INC. (P-5 53974) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6848District 6EField 27302001OilCasinghead gasSave Export

Value, all time

$4.4 M

Jan 1993 – May 2026

Value, last 12 filed months

$128 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

oil, casinghead gas

The EAST TEXAS 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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered

1930-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

330 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: “THIS ORDER TO BE CANCELLED”

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
Oil	Disposition	77,109 bbl	$4,242,698
Casinghead gas	Production	38,114 Mcf	$122,050
Total			$4,364,748

5,564 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.

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	177	0	106.41	3.05	$18,835
Apr 2026	162	130	98.93	2.87	$16,400
Mar 2026	175	135	89.75	3.15	$16,131
Feb 2026	157	108	63.50	3.75	$10,375
Jan 2026	0	103	59.13	8.00	$824
Dec 2025	180	109	56.66	4.41	$10,680
Nov 2025	177	105	58.59	3.93	$10,783
Oct 2025	172	119	59.38	3.30	$10,607
Sep 2025	176	124	62.74	3.08	$11,424
Aug 2025	0	142	63.93	3.01	$428
Jul 2025	154	150	66.74	3.32	$10,775
Jun 2025	160	167	66.48	3.13	$11,159
May 2025	173	173	60.55	3.23	$11,034
Apr 2025	168	166	62.36	3.54	$11,065
Mar 2025	154	119	67.70	4.27	$10,934
Feb 2025	181	128	70.88	4.34	$13,385
Jan 2025	185	145	74.32	4.28	$14,370
Dec 2024	152	144	68.99	3.12	$10,936
Nov 2024	163	143	69.05	2.20	$11,570
Oct 2024	167	153	71.37	2.28	$12,268
Sep 2024	161	135	69.61	2.36	$11,526
Aug 2024	0	130	75.63	2.06	$268
Jul 2024	165	133	79.93	2.15	$13,474
Jun 2024	163	109	78.08	2.63	$13,014
May 2024	167	142	78.81	2.20	$13,473
Apr 2024	0	123	84.45	1.66	$204
Mar 2024	164	145	80.30	1.55	$13,393
Feb 2024	167	133	76.09	1.78	$12,944
Jan 2024	186	141	73.02	3.30	$14,047
Dec 2023	161	139	71.26	2.61	$11,836
Nov 2023	0	146	77.89	2.81	$410
Oct 2023	166	145	85.44	3.09	$14,631
Sep 2023	163	142	89.04	2.74	$14,902
Aug 2023	163	157	80.52	2.67	$13,544
Jul 2023	171	151	74.85	2.64	$13,198
Jun 2023	164	98	68.96	2.26	$11,531
May 2023	166	72	70.62	2.23	$11,883
Apr 2023	174	58	78.12	2.24	$13,723
Mar 2023	187	46	72.85	2.39	$13,733
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	182	94	76.53	3.39	$14,247
Dec 2022	183	148	76.41	5.73	$14,831
Nov 2022	166	147	85.00	5.65	$14,940
Oct 2022	170	160	87.18	5.86	$15,759
Sep 2022	171	162	84.88	8.16	$15,837
Aug 2022	163	163	94.52	9.13	$16,894
Jul 2022	0	152	101.58	7.54	$1,146
Jun 2022	331	159	115.09	7.98	$39,363
May 2022	0	147	109.37	8.43	$1,240
Apr 2022	176	147	104.22	6.84	$19,348
Mar 2022	165	147	108.88	5.08	$18,711
Feb 2022	170	136	91.05	4.86	$16,139
Jan 2022	168	150	81.84	4.54	$14,430
Dec 2021	174	160	71.32	3.90	$13,034
Nov 2021	0	150	77.43	5.24	$786
Oct 2021	173	152	79.79	5.71	$14,672
Sep 2021	162	150	69.86	5.35	$12,120
Aug 2021	165	165	66.02	4.22	$11,590
Jul 2021	161	138	70.78	3.98	$11,945
Jun 2021	172	130	69.49	3.38	$12,392
May 2021	0	145	63.48	3.02	$438
Apr 2021	187	140	60.36	2.76	$11,674
Mar 2021	181	155	61.30	2.72	$11,516
Feb 2021	181	144	57.80	5.55	$11,261
Jan 2021	0	137	50.41	2.81	$385
Dec 2020	174	149	44.64	2.68	$8,166
Nov 2020	187	146	38.77	2.71	$7,645
Oct 2020	160	138	36.97	2.48	$6,257
Sep 2020	159	143	37.09	1.99	$6,182
Aug 2020	145	151	39.98	2.39	$6,157
Jul 2020	161	155	38.37	1.83	$6,460
Jun 2020	173	150	34.90	1.69	$6,291
May 2020	185	134	16.92	1.81	$3,373
Apr 2020	0	98	14.75	1.80	$177
Mar 2020	169	158	30.34	1.86	$5,421
Feb 2020	168	122	49.88	1.98	$8,621
Jan 2020	176	138	57.25	2.09	$10,365
Dec 2019	270	150	59.01	2.30	$16,278
Nov 2019	166	142	55.30	2.75	$9,570
Oct 2019	161	152	53.47	2.42	$8,976
Sep 2019	169	150	55.05	2.66	$9,702
Aug 2019	170	175	53.11	2.30	$9,432
Jul 2019	175	177	56.27	2.46	$10,283
Jun 2019	173	146	52.78	2.49	$9,495
May 2019	169	159	58.48	2.74	$10,319
Apr 2019	171	159	62.63	2.75	$11,147
Mar 2019	0	150	56.80	3.06	$459
Feb 2019	166	147	50.85	2.79	$8,852
Jan 2019	334	170	46.03	3.23	$15,923
Dec 2018	0	184	46.59	4.19	$770
Nov 2018	167	155	52.93	4.24	$9,496
Oct 2018	152	151	61.44	3.40	$9,852
Sep 2018	176	151	59.54	3.11	$10,948
Aug 2018	187	140	59.40	3.07	$11,537
Jul 2018	179	149	65.14	2.93	$12,097
Jun 2018	164	150	60.18	3.08	$10,331
May 2018	188	152	65.38	2.90	$12,732
Apr 2018	174	147	63.84	2.90	$11,535
Mar 2018	182	155	61.22	2.79	$11,574
Feb 2018	151	141	61.78	2.77	$9,719
Jan 2018	182	142	62.87	4.01	$12,012
Dec 2017	190	152	57.27	2.92	$11,325
Nov 2017	178	150	55.42	3.12	$10,333
Oct 2017	169	155	49.29	2.98	$8,792
Sep 2017	159	157	47.52	3.09	$8,040
Aug 2017	179	158	45.37	3.00	$8,596
Jul 2017	173	166	43.87	3.09	$8,102
Jun 2017	188	163	42.49	3.09	$8,491
May 2017	333	160	45.37	3.26	$15,630
Apr 2017	171	175	47.93	3.21	$8,758
Mar 2017	150	168	46.77	2.98	$7,517
Feb 2017	177	144	50.45	2.95	$9,355
Jan 2017	175	160	49.41	3.42	$9,194
Dec 2016	323	153	48.76	3.72	$16,319
Nov 2016	186	155	42.49	2.64	$8,313
Oct 2016	174	157	46.19	3.09	$8,522
Sep 2016	160	161	41.55	3.10	$7,147
Aug 2016	151	180	41.44	2.92	$6,784
Jul 2016	188	188	41.62	2.92	$8,374
Jun 2016	165	177	45.35	2.69	$7,958
May 2016	180	168	42.52	1.99	$7,988
Apr 2016	344	161	36.56	1.99	$12,897
Mar 2016	187	162	33.01	1.79	$6,464
Feb 2016	179	160	26.47	2.06	$5,068
Jan 2016	185	169	27.35	2.36	$5,459
Dec 2015	160	175	32.36	2.00	$5,528
Nov 2015	330	168	38.79	2.17	$13,165
Oct 2015	167	194	43.55	2.43	$7,744
Sep 2015	541	199	42.99	2.76	$23,807
Aug 2015	159	480	40.16	2.87	$7,764
Jul 2015	329	11	48.15	2.95	$15,874
Jun 2015	356	25	56.15	2.88	$20,061
May 2015	185	115	55.21	2.96	$10,554
Apr 2015	176	112	49.82	2.71	$9,071
Mar 2015	190	108	42.89	2.93	$8,466
Feb 2015	338	102	44.66	2.98	$15,399
Jan 2015	188	106	43.43	3.10	$8,494
Dec 2014	189	98	54.69	3.59	$10,688
Nov 2014	370	96	70.46	4.25	$26,478
Oct 2014	184	97	78.30	3.90	$14,786
Sep 2014	176	109	86.16	4.05	$15,605
Aug 2014	355	117	89.39	4.04	$32,206
Jul 2014	172	78	96.56	4.18	$16,934
Jun 2014	319	110	98.16	4.74	$31,834
May 2014	186	103	94.73	4.73	$18,107
Apr 2014	185	98	95.94	4.81	$18,220
Mar 2014	372	109	95.89	5.06	$36,222
Feb 2014	188	96	97.40	6.19	$18,906
Jan 2014	376	87	90.40	4.86	$34,413
Dec 2013	190	101	91.82	4.35	$17,886
Nov 2013	375	96	88.85	3.74	$33,678
Oct 2013	369	109	97.42	3.78	$36,360
Sep 2013	188	104	104.11	3.72	$19,959
Aug 2013	191	119	104.25	3.52	$20,331
Jul 2013	376	112	102.52	3.72	$38,964
Jun 2013	186	115	94.40	3.93	$18,011
May 2013	362	113	94.83	4.15	$34,797
Apr 2013	184	113	93.96	4.28	$17,773
Mar 2013	354	83	93.62	3.91	$33,466
Feb 2013	187	78	91.23	3.42	$17,327
Jan 2013	373	91	91.60	3.42	$34,478
Dec 2012	188	81	86.77	3.42	$16,590
Nov 2012	182	84	86.95	3.62	$16,129
Oct 2012	360	91	89.38	3.40	$32,486
Sep 2012	182	71	94.67	2.92	$17,437
Aug 2012	376	38	92.66	2.91	$34,951
Jul 2012	163	38	85.13	3.02	$13,991
Jun 2012	358	87	79.82	2.52	$28,795
May 2012	331	98	91.61	2.49	$30,567
Apr 2012	168	78	101.65	2.00	$17,233
Mar 2012	372	100	105.05	2.22	$39,301
Feb 2012	182	90	101.10	2.57	$18,632
Jan 2012	361	111	98.09	2.73	$35,714
Dec 2011	186	128	96.87	3.24	$18,433
Nov 2011	365	127	95.72	3.31	$35,358
Oct 2011	176	111	84.98	3.65	$15,361
Sep 2011	362	109	83.62	3.99	$30,705
Aug 2011	187	150	83.40	4.15	$16,218
Jul 2011	365	145	94.14	4.52	$35,016
Jun 2011	144	148	92.90	4.64	$14,064
May 2011	355	141	98.13	4.40	$35,457
Apr 2011	352	147	105.96	4.33	$37,935
Mar 2011	175	114	96.36	4.06	$17,326
Feb 2011	179	70	85.64	4.18	$15,622
Jan 2011	365	125	86.50	4.59	$32,146
Dec 2010	190	133	85.73	4.35	$16,867
Nov 2010	368	122	80.84	3.80	$30,212
Oct 2010	366	139	78.10	3.51	$29,072
Sep 2010	185	150	72.63	3.98	$14,033
Aug 2010	370	163	73.68	4.42	$27,982
Jul 2010	191	143	72.55	4.74	$14,534
Jun 2010	361	146	70.36	4.91	$26,117
May 2010	187	150	71.12	4.24	$13,935
Apr 2010	378	136	81.69	4.12	$31,440
Mar 2010	187	133	78.39	4.39	$15,243
Feb 2010	370	106	73.58	5.44	$27,801
Jan 2010	185	127	74.36	5.96	$14,514
Dec 2009	376	122	71.44	5.48	$27,530
Nov 2009	182	128	74.59	3.75	$14,056
Oct 2009	361	104	72.54	4.11	$26,614
Sep 2009	362	40	65.54	3.06	$23,848
Aug 2009	170	0	67.42	3.22	$11,461
Jul 2009	361	0	61.13	3.46	$22,068
Jun 2009	183	45	66.16	3.90	$12,283
May 2009	553	59	54.74	3.93	$30,503
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	188	0	42.14	4.06	$7,922
Feb 2009	186	0	32.81	4.63	$6,103
Jan 2009	368	63	35.86	5.37	$13,535
Dec 2008	369	62	37.10	5.98	$14,060
Nov 2008	184	66	55.49	6.86	$10,663
Oct 2008	359	66	75.24	6.92	$27,468
Sep 2008	185	66	101.76	7.88	$19,345
Aug 2008	180	60	114.22	8.48	$21,069
Jul 2008	339	78	131.08	11.39	$45,325
Jun 2008	169	62	131.33	13.03	$23,003
May 2008	322	56	123.17	11.57	$40,309
Apr 2008	331	53	110.31	10.45	$37,067
Mar 2008	178	48	101.90	9.66	$18,602
Feb 2008	339	47	92.53	8.77	$31,780
Jan 2008	181	53	90.38	8.21	$16,794
Dec 2007	182	52	88.33	7.30	$16,456
Nov 2007	360	55	91.67	7.29	$33,402
Oct 2007	169	60	82.85	6.92	$14,417
Sep 2007	349	0	75.84	6.24	$26,468
Aug 2007	346	0	69.06	6.39	$23,895
Jul 2007	175	0	70.90	6.39	$12,408
Jun 2007	175	0	62.00	7.55	$10,850
May 2007	174	54	58.74	7.85	$10,644
Apr 2007	166	50	59.61	7.81	$10,286
Mar 2007	176	50	56.92	7.30	$10,383
Feb 2007	342	37	55.10	8.22	$19,148
Jan 2007	167	37	50.30	6.73	$8,649
Dec 2006	173	30	56.65	6.92	$10,008
Nov 2006	348	38	54.20	7.62	$19,151
Oct 2006	180	66	54.90	6.01	$10,279
Sep 2006	181	49	60.08	5.04	$11,121
Aug 2006	177	52	68.71	7.34	$12,543
Jul 2006	342	52	69.37	6.34	$24,054
Jun 2006	164	52	66.28	6.38	$11,202
May 2006	172	53	66.01	6.42	$11,694
Apr 2006	177	0	64.39	7.36	$11,397
Mar 2006	346	0	56.70	7.08	$19,618
Feb 2006	326	0	57.59	7.75	$18,774
Jan 2006	181	0	60.59	8.93	$10,967
Dec 2005	177	0	54.94	13.42	$9,724
Nov 2005	343	0	54.69	10.59	$18,759
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	183	0	61.51	9.80	$11,256
Jul 2005	171	29	55.69	7.84	$9,750
Jun 2005	175	45	52.33	7.38	$9,490
May 2005	168	51	45.22	6.65	$7,936
Apr 2005	175	52	49.20	7.36	$8,993
Mar 2005	171	98	50.37	7.15	$9,314
Feb 2005	161	35	45.22	6.31	$7,501
Jan 2005	0	26	43.16	6.32	$164
Dec 2004	162	28	39.86	6.75	$6,646
Nov 2004	179	25	45.28	6.33	$8,263
Oct 2004	166	25	49.70	6.52	$8,413
Sep 2004	179	22	43.24	5.28	$7,856
Aug 2004	0	21	42.37	5.55	$117
Jul 2004	161	32	38.28	6.08	$6,358
Jun 2004	341	44	36.10	6.43	$12,593
May 2004	0	34	37.48	6.49	$221
Apr 2004	172	37	34.47	5.86	$6,146
Mar 2004	166	47	34.36	5.53	$5,964
Feb 2004	179	41	32.45	5.51	$6,034
Jan 2004	0	42	32.03	6.30	$265
Dec 2003	176	41	30.26	6.30	$5,584
Nov 2003	175	34	28.80	4.60	$5,196
Oct 2003	173	37	28.17	4.76	$5,050
Sep 2003	0	25	26.31	4.75	$119
Aug 2003	176	42	29.76	5.13	$5,453
Jul 2003	175	51	29.41	5.17	$5,410
Jun 2003	181	37	28.56	5.98	$5,391
May 2003	190	18	26.59	5.97	$5,160
Apr 2003	181	25	26.67	5.41	$4,962
Mar 2003	0	12	31.14	6.10	$73
Feb 2003	164	30	33.48	7.93	$5,729
Jan 2003	184	32	30.31	5.58	$5,756
Dec 2002	0	38	26.91	4.85	$184
Nov 2002	186	39	24.66	4.14	$4,748
Oct 2002	0	39	26.46	4.23	$165
Sep 2002	167	42	27.44	3.64	$4,735
Aug 2002	172	38	25.96	3.16	$4,585
Jul 2002	0	33	24.58	3.06	$101
Jun 2002	188	48	23.73	3.34	$4,621
May 2002	166	66	24.66	3.58	$4,330
Apr 2002	0	42	23.65	3.51	$148
Mar 2002	173	37	22.00	3.10	$3,921
Feb 2002	0	55	18.22	2.38	$131
Jan 2002	169	46	17.17	2.38	$3,011
Dec 2001	172	59	16.93	2.36	$3,051
Nov 2001	0	67	18.07	2.41	$161
Oct 2001	230	70	19.78	2.53	$4,726
Sep 2001	0	60	24.26	2.25	$135
Aug 2001	168	48	24.87	3.05	$4,325
Jul 2001	182	51	23.93	3.20	$4,518
Jun 2001	0	30	24.56	3.82	$115
May 2001	167	41	25.52	4.31	$4,438
Apr 2001	0	43	24.68	5.34	$229
Mar 2001	186	43	24.54	5.38	$4,796
Feb 2001	168	31	27.75	5.77	$4,841
Jan 2001	0	18	27.47	8.40	$151
Dec 2000	0	24	26.88	9.12	$219
Nov 2000	178	37	32.21	5.66	$5,943
Oct 2000	179	45	31.23	5.15	$5,822
Sep 2000	0	22	31.87	5.19	$114
Aug 2000	187	27	29.64	4.54	$5,665
Jul 2000	0	21	28.53	4.09	$86
Jun 2000	183	25	29.30	4.40	$5,472
May 2000	0	34	27.26	3.68	$125
Apr 2000	183	30	24.51	3.12	$4,579
Mar 2000	0	22	28.42	2.86	$63
Feb 2000	181	23	27.62	2.73	$5,062
Jan 2000	0	27	25.27	2.48	$67
Dec 1999	191	31	24.28	2.42	$4,713
Nov 1999	192	35	23.19	2.43	$4,538
Oct 1999	0	38	20.98	2.80	$107
Sep 1999	175	43	21.75	2.62	$3,919
Aug 1999	188	46	19.26	2.88	$3,753
Jul 1999	0	31	17.89	2.37	$74
Jun 1999	174	40	15.94	2.36	$2,868
May 1999	185	23	15.79	2.32	$2,975
Apr 1999	176	39	15.10	2.21	$2,744
Mar 1999	0	35	12.47	1.84	$64
Feb 1999	174	39	9.98	1.82	$1,807
Jan 1999	174	40	10.38	1.90	$1,882
Dec 1998	174	49	9.20	1.77	$1,688
Nov 1998	0	48	10.89	2.19	$105
Oct 1998	182	1	12.42	1.97	$2,262
Sep 1998	181	55	12.59	2.08	$2,393
Aug 1998	176	58	11.30	1.91	$2,099
Jul 1998	182	60	11.74	2.24	$2,271
Jun 1998	183	1	11.24	2.24	$2,059
May 1998	184	53	12.62	2.21	$2,439
Apr 1998	193	58	13.04	2.51	$2,662
Mar 1998	179	56	12.80	2.31	$2,421
Feb 1998	187	30	13.95	2.30	$2,678
Jan 1998	164	36	14.70	2.15	$2,488
Dec 1997	176	32	16.32	2.41	$2,949
Nov 1997	174	37	18.19	3.09	$3,279
Oct 1997	169	46	19.25	3.15	$3,398
Sep 1997	178	47	17.74	2.95	$3,297
Aug 1997	178	51	17.86	2.55	$3,309
Jul 1997	361	45	17.58	2.25	$6,447
Jun 1997	175	98	17.24	2.26	$3,238
May 1997	160	105	18.97	2.31	$3,278
Apr 1997	328	66	17.88	2.08	$6,002
Mar 1997	167	87	18.95	1.94	$3,333
Feb 1997	193	80	20.49	2.21	$4,131
Jan 1997	177	89	23.48	3.54	$4,471
Dec 1996	191	86	23.32	—	$4,454
Nov 1996	181	82	21.97	—	$3,977
Oct 1996	178	110	23.31	—	$4,149
Sep 1996	174	110	22.22	—	$3,866
Aug 1996	365	123	20.26	—	$7,395
Jul 1996	166	116	19.55	—	$3,245
Jun 1996	175	111	18.73	—	$3,278
May 1996	157	114	19.43	—	$3,051
Apr 1996	172	108	21.51	—	$3,700
Mar 1996	362	109	19.38	—	$7,016
Feb 1996	179	117	16.98	—	$3,039
Jan 1996	186	123	17.07	—	$3,175
Dec 1995	186	127	17.19	—	$3,197
Nov 1995	174	119	16.00	—	$2,784
Oct 1995	365	143	15.43	—	$5,632
Sep 1995	171	119	16.18	—	$2,767
Aug 1995	176	141	15.92	—	$2,802
Jul 1995	185	144	15.24	—	$2,819
Jun 1995	352	128	16.41	—	$5,776
May 1995	186	124	17.56	—	$3,266
Apr 1995	183	124	17.73	—	$3,245
Mar 1995	186	121	16.44	—	$3,058
Feb 1995	373	109	16.58	—	$6,184
Jan 1995	191	114	15.92	—	$3,041
Dec 1994	183	109	15.03	—	$2,750
Nov 1994	371	111	15.90	—	$5,899
Oct 1994	184	125	15.58	—	$2,867
Sep 1994	348	132	15.29	—	$5,321
Aug 1994	0	145	16.13	—	$0
Jul 1994	309	140	17.56	—	$5,426
Jun 1994	316	126	17.09	—	$5,400
May 1994	296	106	15.88	—	$4,700
Apr 1994	0	120	14.14	—	$0
Mar 1994	318	116	12.46	—	$3,962
Feb 1994	304	95	12.50	—	$3,800
Jan 1994	323	100	12.66	—	$4,089
Dec 1993	0	118	12.33	—	$0
Nov 1993	306	99	14.49	—	$4,434
Oct 1993	320	121	15.85	—	$5,072
Sep 1993	317	123	15.03	—	$4,765
Aug 1993	319	1	15.66	—	$4,996
Jul 1993	332	130	15.46	—	$5,133
Jun 1993	0	127	16.79	—	$0
May 1993	314	130	17.68	—	$5,552
Apr 1993	339	125	18.05	—	$6,119
Mar 1993	383	117	18.14	—	$6,948
Feb 1993	0	104	17.90	—	$0
Jan 1993	333	122	16.93	—	$5,638

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

Oil                  177 bbl  × $106.41 =    $18,835
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,835

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. 6E/O/6848 is the state's own key, not one this site invented.