GOULD, OSCAR

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

Operated by SEVEN CROSS OPERATING, LLC (P-5 767834) in the BURKETT, SW. (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122429District 7BField 13565500NGPA filingCondensateGasSave Export

Value, all time

$769 k

Jan 1993 – May 2023

Value, last 12 filed months

at the published price for each month

Months reported

365

no gaps in the span

Streams

condensate, gas

The BURKETT, SW. (DUFFER) 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 59 leases and 63 wells, and the rule below applies to all of them.

Discovered

1978-04-25

as the register files it

Field class

Oil and gas

the register's own label

Between wells

467 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2012-03-01.

The Commission's schedule remark for this field reads: “TERMINUS OF ALL DRAINHOLES. ALLOCATION FORMULA REMAINS SUSPENDED.”

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	773 bbl	$45,549
Gas	Production	167,883 Mcf	$723,401
Total			$768,951

16,889 Mcf of this lease's gas, across 32 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 31.9701, -99.3011. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.97013, -99.30109 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

3,498 ft

1 wells filed one

Completion to plug

36.5 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 3,498 ft.

Completions filed

Oct 1986

1 of 1 wells

Plug dates filed

Apr 2023

1 of 1 wells

Last completion to plug: a median of 36.5 years across the 1 well that filed both dates, with the middle half between 36.5 years and 36.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-08334664	5	3,498 ft	Oct 1986	Apr 2023	Yes

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 (365)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

365 months


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	51	0	44.64	2.68	$2,277
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	3	61.22	2.79	$8
Feb 2018	0	4	61.78	2.77	$11
Jan 2018	0	4	62.87	4.01	$16
Dec 2017	0	128	57.27	2.92	$374
Nov 2017	0	63	55.42	3.12	$196
Oct 2017	0	63	49.29	2.98	$188
Sep 2017	0	89	47.52	3.09	$275
Aug 2017	0	63	45.37	3.00	$189
Jul 2017	0	47	43.87	3.09	$145
Jun 2017	0	45	42.49	3.09	$139
May 2017	0	45	45.37	3.26	$147
Apr 2017	0	168	47.93	3.21	$540
Mar 2017	0	341	46.77	2.98	$1,017
Feb 2017	0	162	50.45	2.95	$478
Jan 2017	0	150	49.41	3.42	$513
Dec 2016	0	311	48.76	3.72	$1,158
Nov 2016	0	398	42.49	2.64	$1,052
Oct 2016	0	405	46.19	3.09	$1,252
Sep 2016	0	381	41.55	3.10	$1,181
Aug 2016	0	452	41.44	2.92	$1,322
Jul 2016	0	426	41.62	2.92	$1,246
Jun 2016	0	488	45.35	2.69	$1,311
May 2016	0	340	42.52	1.99	$677
Apr 2016	0	186	36.56	1.99	$370
Mar 2016	0	237	33.01	1.79	$425
Feb 2016	0	197	26.47	2.06	$407
Jan 2016	0	371	27.35	2.36	$877
Dec 2015	0	363	32.36	2.00	$727
Nov 2015	0	407	38.79	2.17	$882
Oct 2015	0	316	43.55	2.43	$767
Sep 2015	0	222	42.99	2.76	$612
Aug 2015	0	250	40.16	2.87	$718
Jul 2015	0	273	48.15	2.95	$804
Jun 2015	0	208	56.15	2.88	$600
May 2015	0	130	55.21	2.96	$384
Apr 2015	0	10	49.82	2.71	$27
Mar 2015	0	166	42.89	2.93	$487
Feb 2015	0	333	44.66	2.98	$991
Jan 2015	56	463	43.43	3.10	$3,868
Dec 2014	0	685	54.69	3.59	$2,460
Nov 2014	0	813	70.46	4.25	$3,457
Oct 2014	0	869	78.30	3.90	$3,390
Sep 2014	0	858	86.16	4.05	$3,471
Aug 2014	0	1,006	89.39	4.04	$4,059
Jul 2014	0	1,232	96.56	4.18	$5,149
Jun 2014	0	545	98.16	4.74	$2,582
May 2014	0	236	94.73	4.73	$1,115
Apr 2014	0	297	95.94	4.81	$1,428
Mar 2014	0	332	95.89	5.06	$1,679
Feb 2014	0	446	97.40	6.19	$2,762
Jan 2014	0	527	90.40	4.86	$2,562
Dec 2013	0	617	91.82	4.35	$2,687
Nov 2013	0	636	88.85	3.74	$2,378
Oct 2013	0	741	97.42	3.78	$2,801
Sep 2013	0	558	104.11	3.72	$2,075
Aug 2013	0	569	104.25	3.52	$2,004
Jul 2013	0	767	102.52	3.72	$2,852
Jun 2013	0	692	94.40	3.93	$2,722
May 2013	54	747	94.83	4.15	$8,220
Apr 2013	0	868	93.96	4.28	$3,717
Mar 2013	0	475	93.62	3.91	$1,859
Feb 2013	0	433	91.23	3.42	$1,481
Jan 2013	0	362	91.60	3.42	$1,238
Dec 2012	0	504	86.77	3.42	$1,724
Nov 2012	0	676	86.95	3.62	$2,450
Oct 2012	0	678	89.38	3.40	$2,305
Sep 2012	0	679	94.67	2.92	$1,982
Aug 2012	0	965	92.66	2.91	$2,806
Jul 2012	0	1,030	85.13	3.02	$3,111
Jun 2012	0	950	79.82	2.52	$2,393
May 2012	0	817	91.61	2.49	$2,033
Apr 2012	0	1,097	101.65	2.00	$2,190
Mar 2012	56	1,169	105.05	2.22	$8,480
Feb 2012	0	517	101.10	2.57	$1,329
Jan 2012	0	495	98.09	2.73	$1,353
Dec 2011	0	486	96.87	3.24	$1,575
Nov 2011	0	466	95.72	3.31	$1,543
Oct 2011	0	258	84.98	3.65	$941
Sep 2011	0	461	83.62	3.99	$1,837
Aug 2011	0	685	83.40	4.15	$2,842
Jul 2011	26	982	94.14	4.52	$6,884
Jun 2011	28	1,036	92.90	4.64	$7,408
May 2011	0	1,116	98.13	4.40	$4,916
Apr 2011	0	869	105.96	4.33	$3,766
Mar 2011	0	297	96.36	4.06	$1,205
Feb 2011	0	219	85.64	4.18	$915
Jan 2011	0	256	86.50	4.59	$1,175
Dec 2010	29	365	85.73	4.35	$4,073
Nov 2010	0	323	80.84	3.80	$1,226
Oct 2010	0	332	78.10	3.51	$1,165
Sep 2010	0	280	72.63	3.98	$1,114
Aug 2010	0	354	73.68	4.42	$1,564
Jul 2010	0	394	72.55	4.74	$1,866
Jun 2010	0	471	70.36	4.91	$2,313
May 2010	0	604	71.12	4.24	$2,558
Apr 2010	0	641	81.69	4.12	$2,643
Mar 2010	59	952	78.39	4.39	$8,803
Feb 2010	0	939	73.58	5.44	$5,110
Jan 2010	0	880	74.36	5.96	$5,248
Dec 2009	0	1,228	71.44	5.48	$6,734
Nov 2009	0	881	74.59	3.75	$3,305
Oct 2009	0	624	72.54	4.11	$2,565
Sep 2009	46	699	65.54	3.06	$5,157
Aug 2009	0	838	67.42	3.22	$2,697
Jul 2009	0	850	61.13	3.46	$2,945
Jun 2009	0	707	66.16	3.90	$2,754
May 2009	0	838	54.74	3.93	$3,290
Apr 2009	0	818	46.77	3.59	$2,935
Mar 2009	0	890	42.14	4.06	$3,613
Feb 2009	0	963	32.81	4.63	$4,462
Jan 2009	59	618	35.86	5.37	$5,435
Dec 2008	0	540	37.10	5.98	$3,228
Nov 2008	0	523	55.49	6.86	$3,588
Oct 2008	0	666	75.24	6.92	$4,610
Sep 2008	0	734	101.76	7.88	$5,782
Aug 2008	0	1,000	114.22	8.48	$8,483
Jul 2008	0	915	131.08	11.39	$10,421
Jun 2008	0	927	131.33	13.03	$12,081
May 2008	0	1,008	123.17	11.57	$11,667
Apr 2008	0	1,066	110.31	10.45	$11,145
Mar 2008	0	812	101.90	9.66	$7,847
Feb 2008	43	930	92.53	8.77	$12,135
Jan 2008	0	1,042	90.38	8.21	$8,550
Dec 2007	0	974	88.33	7.30	$7,112
Nov 2007	0	1,082	91.67	7.29	$7,890
Oct 2007	0	1,231	82.85	6.92	$8,521
Sep 2007	0	601	75.84	6.24	$3,753
Aug 2007	0	404	69.06	6.39	$2,581
Jul 2007	0	487	70.90	6.39	$3,111
Jun 2007	0	507	62.00	7.55	$3,827
May 2007	0	195	58.74	7.85	$1,530
Apr 2007	35	504	59.61	7.81	$6,020
Mar 2007	0	1,064	56.92	7.30	$7,769
Feb 2007	0	939	55.10	8.22	$7,715
Jan 2007	0	1,054	50.30	6.73	$7,090
Dec 2006	0	1,177	56.65	6.92	$8,143
Nov 2006	0	288	54.20	7.62	$2,194
Oct 2006	0	377	54.90	6.01	$2,267
Sep 2006	0	417	60.08	5.04	$2,101
Aug 2006	0	328	68.71	7.34	$2,407
Jul 2006	0	402	69.37	6.34	$2,550
Jun 2006	0	389	66.28	6.38	$2,483
May 2006	0	392	66.01	6.42	$2,519
Apr 2006	0	404	64.39	7.36	$2,974
Mar 2006	0	402	56.70	7.08	$2,847
Feb 2006	0	361	57.59	7.75	$2,798
Jan 2006	0	370	60.59	8.93	$3,305
Dec 2005	0	383	54.94	13.42	$5,138
Nov 2005	0	452	54.69	10.59	$4,786
Oct 2005	0	269	58.34	13.80	$3,711
Sep 2005	0	387	61.45	12.08	$4,675
Aug 2005	0	486	61.51	9.80	$4,761
Jul 2005	0	563	55.69	7.84	$4,416
Jun 2005	0	444	52.33	7.38	$3,277
May 2005	0	841	45.22	6.65	$5,594
Apr 2005	0	858	49.20	7.36	$6,315
Mar 2005	50	1,224	50.37	7.15	$11,276
Feb 2005	0	1,157	45.22	6.31	$7,303
Jan 2005	0	858	43.16	6.32	$5,424
Dec 2004	0	897	39.86	6.75	$6,056
Nov 2004	0	925	45.28	6.33	$5,856
Oct 2004	0	1,208	49.70	6.52	$7,870
Sep 2004	0	612	43.24	5.28	$3,234
Aug 2004	0	1,226	42.37	5.55	$6,805
Jul 2004	0	1,410	38.28	6.08	$8,579
Jun 2004	0	1,452	36.10	6.43	$9,341
May 2004	0	1,038	37.48	6.49	$6,741
Apr 2004	0	778	34.47	5.86	$4,558
Mar 2004	0	1,043	34.36	5.53	$5,768
Feb 2004	28	518	32.45	5.51	$3,763
Jan 2004	0	366	32.03	6.30	$2,306
Dec 2003	0	600	30.26	6.30	$3,781
Nov 2003	0	541	28.80	4.60	$2,486
Oct 2003	0	796	28.17	4.76	$3,789
Sep 2003	0	1,078	26.31	4.75	$5,120
Aug 2003	0	1,530	29.76	5.13	$7,848
Jul 2003	0	1,613	29.41	5.17	$8,341
Jun 2003	0	690	28.56	5.98	$4,128
May 2003	0	416	26.59	5.97	$2,485
Apr 2003	0	501	26.67	5.41	$2,709
Mar 2003	0	559	31.14	6.10	$3,408
Feb 2003	0	335	33.48	7.93	$2,655
Jan 2003	0	424	30.31	5.58	$2,367
Dec 2002	0	458	26.91	4.85	$2,223
Nov 2002	0	456	24.66	4.14	$1,886
Oct 2002	0	394	26.46	4.23	$1,666
Sep 2002	23	379	27.44	3.64	$2,009
Aug 2002	0	418	25.96	3.16	$1,323
Jul 2002	0	422	24.58	3.06	$1,292
Jun 2002	0	379	23.73	3.34	$1,265
May 2002	0	399	24.66	3.58	$1,430
Apr 2002	0	550	23.65	3.51	$1,932
Mar 2002	0	474	22.00	3.10	$1,471
Feb 2002	0	411	18.22	2.38	$976
Jan 2002	0	462	17.17	2.38	$1,098
Dec 2001	0	363	16.93	2.36	$858
Nov 2001	0	436	18.07	2.41	$1,049
Oct 2001	0	588	19.78	2.53	$1,487
Sep 2001	0	690	24.26	2.25	$1,553
Aug 2001	0	1,172	24.87	3.05	$3,578
Jul 2001	0	1,590	23.93	3.20	$5,083
Jun 2001	0	1,250	24.56	3.82	$4,780
May 2001	0	819	25.52	4.31	$3,528
Apr 2001	30	1,479	24.68	5.34	$8,631
Mar 2001	0	1,179	24.54	5.38	$6,339
Feb 2001	0	895	27.75	5.77	$5,162
Jan 2001	0	513	27.47	8.40	$4,309
Dec 2000	0	127	26.88	9.12	$1,159
Nov 2000	0	244	32.21	5.66	$1,381
Oct 2000	0	263	31.23	5.15	$1,353
Sep 2000	0	341	31.87	5.19	$1,769
Aug 2000	0	456	29.64	4.54	$2,071
Jul 2000	0	373	28.53	4.09	$1,525
Jun 2000	0	551	29.30	4.40	$2,423
May 2000	0	881	27.26	3.68	$3,242
Apr 2000	0	950	24.51	3.12	$2,960
Mar 2000	0	357	28.42	2.86	$1,021
Feb 2000	0	457	27.62	2.73	$1,246
Jan 2000	0	927	25.27	2.48	$2,299
Dec 1999	0	1,025	24.28	2.42	$2,484
Nov 1999	0	1,008	23.19	2.43	$2,453
Oct 1999	0	1,171	20.98	2.80	$3,283
Sep 1999	0	1,158	21.75	2.62	$3,033
Aug 1999	0	1,772	19.26	2.88	$5,096
Jul 1999	16	2,013	17.89	2.37	$5,062
Jun 1999	0	1,216	15.94	2.36	$2,872
May 1999	0	1,598	15.79	2.32	$3,709
Apr 1999	0	1,767	15.10	2.21	$3,902
Mar 1999	0	2,087	12.47	1.84	$3,837
Feb 1999	0	1,745	9.98	1.82	$3,172
Jan 1999	0	1,991	10.38	1.90	$3,783
Dec 1998	0	134	9.20	1.77	$238
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	30	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	49	0	17.07	—	$836
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	470	15.24	—	$0
Jun 1995	0	1,544	16.41	—	$0
May 1995	0	3,700	17.56	—	$0
Apr 1995	0	2,928	17.73	—	$0
Mar 1995	0	125	16.44	—	$0
Feb 1995	0	32	16.58	—	$0
Jan 1995	18	289	15.92	—	$287
Dec 1994	0	382	15.03	—	$0
Nov 1994	0	670	15.90	—	$0
Oct 1994	0	945	15.58	—	$0
Sep 1994	10	772	15.29	—	$153
Aug 1994	0	723	16.13	—	$0
Jul 1994	0	618	17.56	—	$0
Jun 1994	0	525	17.09	—	$0
May 1994	0	261	15.88	—	$0
Apr 1994	0	340	14.14	—	$0
Mar 1994	0	319	12.46	—	$0
Feb 1994	0	326	12.50	—	$0
Jan 1994	0	312	12.66	—	$0
Dec 1993	0	358	12.33	—	$0
Nov 1993	0	133	14.49	—	$0
Oct 1993	0	136	15.85	—	$0
Sep 1993	2	128	15.03	—	$30
Aug 1993	0	70	15.66	—	$0
Jul 1993	0	69	15.46	—	$0
Jun 1993	0	71	16.79	—	$0
May 1993	0	75	17.68	—	$0
Apr 1993	5	88	18.05	—	$90
Mar 1993	0	146	18.14	—	$0
Feb 1993	0	206	17.90	—	$0
Jan 1993	0	98	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.

Dec 2020 — as filed, then multipliedworked

Condensate            51 bbl  × $ 44.64 =     $2,277
Gas                    0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                   $2,277

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. 7B/G/122429 is the state's own key, not one this site invented.