BLACK-STOKER /CADDO/ UNIT

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

Oil lease lease 12322District 7BField 85948001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$81.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 1,255 leases and 4,008 wells, and the rule below applies to all of them.

Discovered
1916-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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: CLASS 4 W/DAILY 150 = 6000 TO 8000'

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA13none

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.

StreamBasisVolumeValue
OilDisposition1,783,229 bbl$80,823,360
Casinghead gasProduction236,685 Mcf$838,240
Total$81,661,600

36,372 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 (40)

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 32.7458, -98.8757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

32.74603, -98.87659 · centre of the wells drawn, derived

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
27.5%
11 of 40 wells
With a plug date
22.5%
9 of 40 wells
Median depth
3,273 ft
36 wells filed one
Completion to plug
6.9 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
1127.5%
A plug date is filed
922.5%
BothOn the schedule and plugged. Neither fact cancels the other.
922.5%
NeitherNo plug date, and not on the schedule.
2972.5%

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

Total depth in feet, 36 of 40 wells. Median 3,273 ft, with the middle half between 3,248 and 3,300 ft; the shallowest is 3,128 ft and the deepest 3,330 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 29 of 40 wells, Mar 1983 – Aug 2024. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1983 – Aug 2024
29 of 40 wells; 11 filed none
Plug dates filed
Apr 1984 – Jul 2021
9 of 40 wells; 31 filed none

Last completion to plug: a median of 6.9 years across the 4 wells that filed both dates, with the middle half between 5.4 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

40 wells

42-42900846193,186 ftSep 1985Yes
42-4290411393,226 ftMay 2000Yes
42-42930574253,300 ftJan 1992Yes
42-4298186423,220 ftDec 1989Yes
42-4298186643,128 ftApr 1984Yes
42-4298187412Yes
42-4298188017Yes
42-429303486
42-42930411213,240 ft
42-42933810273,300 ft
42-4298187210
42-4293035333,236 ftAug 2024
42-42930410223,220 ftJul 2024
42-42930913133,260 ftAug 2021
42-42931194183,245 ftAug 2021
42-42936780393,320 ftDec 2012
42-42934012323,286 ftSep 2001
42-42934028333,290 ftApr 2001
42-4293429638W3,320 ftMay 1991
42-42934295373,325 ftApr 1991
42-42930399203,250 ftApr 1991
42-42930400143,275 ftJan 1991
42-4293041283,265 ftJan 1991
42-42934014313,315 ftJan 1991Apr 1993Yes
42-42930572153,295 ftDec 1990
42-42930475163,246 ftDec 1990
42-42934293363,330 ftSep 1990
42-4293104412A3,270 ftJun 1990
42-42933812293,300 ftJun 1990
42-42934294353,300 ftMay 1990
42-4293041773,255 ftDec 1989
42-4293047653,254 ftSep 1989Jan 1997Yes
42-4293035013,248 ftJul 1989Jul 2021Yes
42-42930573233,275 ftJul 1989
42-42934297343,310 ftFeb 1985
42-42930474243,265 ftDec 1984
42-42934015303,325 ftMay 1984Nov 1990Yes
42-42933811283,300 ftOct 1983
42-42933809263,280 ftOct 1983
42-42930409113,260 ftMar 1983

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 20262,6931,223106.413.05$290,287
Apr 20262,50389898.932.87$250,199
Mar 20262,60649689.753.15$235,451
Feb 20262,41436463.503.75$154,654
Jan 20262,66049659.138.00$161,253
Dec 20252,69649656.664.41$154,944
Nov 20252,63339058.593.93$155,799
Oct 20252,66440359.383.30$159,520
Sep 20252,60639062.743.08$164,700
Aug 20252,62940363.933.01$169,287
Jul 20252,77640366.743.32$186,606
Jun 20252,05648066.483.13$138,185
May 20252,51440360.553.23$153,525
Apr 20252,44839062.363.54$154,039
Mar 20252,55640367.704.27$174,761
Feb 20252,39536470.884.34$171,338
Jan 20252,74240374.324.28$205,510
Dec 20242,66540368.993.12$185,116
Nov 20242,47539069.052.20$171,756
Oct 20242,71649671.372.28$194,972
Sep 20242,45639069.612.36$171,884
Aug 20242,59341375.632.06$196,961
Jul 20242,64248679.932.15$212,218
Jun 20242,68561378.082.63$211,259
May 20242,73555978.812.20$216,774
Apr 20242,73665084.451.66$232,134
Mar 20242,76640380.301.55$222,732
Feb 20242,57237776.091.78$196,376
Jan 20242,66340373.023.30$195,781
Dec 20232,86049871.262.61$205,104
Nov 20232,78239277.892.81$217,791
Oct 20232,88349885.443.09$247,861
Sep 20232,68447089.042.74$240,269
Aug 20232,79120380.522.67$225,274
Jul 20232,92240574.852.64$219,782
Jun 20232,76739068.962.26$191,693
May 20232,89940370.622.23$205,625
Apr 20232,74039078.122.24$214,922
Mar 20232,85340372.852.39$208,805
Feb 20232,58836475.112.47$195,282
Jan 20232,83240376.533.39$218,098
Dec 20222,86540376.415.73$221,223
Nov 20222,75339085.005.65$236,207
Oct 20222,93440387.185.86$258,149
Sep 20222,89939084.888.16$249,251
Aug 20222,95440394.529.13$282,890
Jul 20222,963403101.587.54$304,021
Jun 20222,809390115.097.98$326,399
May 20222,987403109.378.43$330,087
Apr 20222,8723,920104.226.84$326,123
Mar 20222,741403108.885.08$300,486
Feb 20222,77736491.054.86$254,614
Jan 20222,91479781.844.54$242,098
Dec 20212,95680471.323.90$213,957
Nov 20212,98178477.435.24$234,925
Oct 20212,99179379.795.71$243,183
Sep 20212,08288469.865.35$150,179
Aug 20213,0231,09666.024.22$204,204
Jul 20213,02426870.783.98$215,106
Jun 20212,8971,10669.493.38$205,052
May 20213,1201,37963.483.02$202,219
Apr 20212,7811,21860.362.76$171,221
Mar 20213,07190461.302.72$190,708
Feb 20212,1471,39657.805.55$131,842
Jan 20213,2061,69050.412.81$166,364
Dec 20203,09585344.642.68$140,443
Nov 20201,23047438.772.71$48,970
Oct 20203,12551336.972.48$116,803
Sep 20202,98766037.091.99$112,102
Aug 20203,05246139.982.39$123,118
Jul 20202,79754738.371.83$108,319
Jun 20202,92799334.901.69$103,831
May 20203,09395416.921.81$54,065
Apr 20203,12899114.751.80$47,926
Mar 20203,08652030.341.86$94,594
Feb 20202,98245449.881.98$149,641
Jan 20203,23249657.252.09$186,071
Dec 20193,19449759.012.30$189,623
Nov 20193,16250755.302.75$176,253
Oct 20193,30049653.472.42$177,651
Sep 20193,12344455.052.66$173,101
Aug 20192,88049653.112.30$154,100
Jul 20192,99648256.272.46$169,771
Jun 20192,96147252.782.49$157,457
May 20193,05364658.482.74$180,310
Apr 20192,96646462.632.75$187,037
Mar 20193,00575556.803.06$172,996
Feb 20192,80862950.852.79$144,543
Jan 20193,04171246.033.23$142,276
Dec 20183,14765146.594.19$149,343
Nov 20183,11357852.934.24$167,220
Oct 20183,12547861.443.40$193,624
Sep 20183,14349059.543.11$188,657
Aug 20183,11568259.403.07$187,122
Jul 20183,21361765.142.93$211,104
Jun 20183,09662960.183.08$188,253
May 20183,24792965.382.90$214,984
Apr 20183,27877063.842.90$211,501
Mar 20183,52566461.222.79$217,651
Feb 20183,02355761.782.77$188,302
Jan 20183,45681462.874.01$220,542
Dec 20173,47385857.272.92$201,405
Nov 20173,21891555.423.12$181,195
Oct 20173,4251,03549.292.98$171,906
Sep 20173,2651,29047.523.09$159,135
Aug 20173,4231,33345.373.00$159,306
Jul 20173,4351,33343.873.09$154,809
Jun 20173,0011,29042.493.09$131,495
May 20173,2351,33345.373.26$151,122
Apr 20173,26184947.933.21$159,026
Mar 20173,4041,33346.772.98$163,182
Feb 20173,06677050.452.95$156,953
Jan 20173,3701,33349.413.42$171,069
Dec 20161,73691348.763.72$88,046
Nov 20163,1911,29042.492.64$138,997
Oct 20163,2551,00846.193.09$153,463
Sep 20163,17598041.553.10$134,960
Aug 20163,3541,02941.442.92$141,999
Jul 20163,3321,03941.622.92$141,716
Jun 20163,19990045.352.69$147,492
May 20162,87791542.521.99$124,152
Apr 20163,23584036.561.99$119,944
Mar 20163,30791833.011.79$110,811
Feb 20163,16087226.472.06$85,445
Jan 20163,39693527.352.36$95,091
Dec 20153,62585532.362.00$119,016
Nov 20153,2481,29038.792.17$128,786
Oct 20153,33587343.552.43$147,358
Sep 20153,25077042.992.76$141,841
Aug 20153,31493240.162.87$135,767
Jul 20153,402048.152.95$163,806
Jun 20153,23567756.152.88$183,597
May 20153,28326955.212.96$182,049
Apr 20153,36542849.822.71$168,803
Mar 20153,74985242.892.93$163,295
Feb 20153,13948944.662.98$141,643
Jan 20153,48475143.433.10$153,639
Dec 20143,54881654.693.59$196,971
Nov 20143,57377970.464.25$255,066
Oct 20143,47081878.303.90$274,892
Sep 20143,51075486.164.05$305,472
Aug 20143,60861389.394.04$324,993
Jul 20143,72581696.564.18$363,097
Jun 20143,67759598.164.74$363,753
May 20143,58084694.734.73$343,132
Apr 20143,42082795.944.81$332,092
Mar 20143,7111,33395.895.06$362,589
Feb 20143,5051,20497.406.19$348,842
Jan 20143,82071290.404.86$348,789
Dec 20133,83573891.824.35$355,343
Nov 20133,76661888.853.74$336,919
Oct 20133,80165997.423.78$372,784
Sep 20133,689828104.113.72$387,140
Aug 20133,826884104.253.52$401,974
Jul 20133,886963102.523.72$401,973
Jun 20133,71991294.403.93$354,661
May 20133,90094494.834.15$373,754
Apr 20133,81276493.964.28$361,447
Mar 20133,96940393.623.91$373,155
Feb 20133,52836491.233.42$323,104
Jan 20133,787091.603.42$346,889
Dec 20123,0968186.773.42$268,917
Nov 20123,9041686.953.62$339,511
Oct 20123,722089.383.40$332,672
Sep 20123,6831894.672.92$348,722
Aug 20123,6393692.662.91$337,294
Jul 20123,7781485.133.02$321,663
Jun 20123,5661679.822.52$284,678
May 20123,94022791.612.49$361,508
Apr 20123,65334101.652.00$371,395
Mar 20123,9017105.052.22$409,816
Feb 20123,530207101.102.57$357,415
Jan 20124,05125098.092.73$398,046
Dec 20114,25835296.873.24$413,613
Nov 20113,90434595.723.31$374,833
Oct 20114,15849784.983.65$355,160
Sep 20113,98819283.623.99$334,242
Aug 20113,9069883.404.15$326,167
Jul 20114,10626594.144.52$387,736
Jun 20114,0001,17892.904.64$377,066
May 20114,1301,17098.134.40$410,431
Apr 20114,0731,085105.964.33$436,277
Mar 20113,7931,03196.364.06$369,677
Feb 20114,05584085.644.18$350,781
Jan 20114,32195186.504.59$378,130
Dec 20104,43594485.734.35$384,317
Nov 20104,43190080.843.80$361,618
Oct 20104,44493078.103.51$350,340
Sep 20104,60890072.633.98$338,261
Aug 20104,35293073.684.42$324,765
Jul 20104,3591,09372.554.74$321,422
Jun 20104,3331,03170.364.91$309,933
May 20104,47754071.124.24$320,691
Apr 20104,54990081.694.12$375,318
Mar 20104,57093078.394.39$362,324
Feb 20104,04584073.585.44$302,203
Jan 20104,53193074.365.96$342,472
Dec 20094,59593071.445.48$333,367
Nov 20094,57190074.593.75$344,327
Oct 20094,50493072.544.11$330,543
Sep 20094,28890065.543.06$283,794
Aug 20094,58293067.423.22$311,912
Jul 20094,6221,02161.133.46$286,080
Jun 20094,47491166.163.90$299,548
May 20094,92993054.743.93$273,464
Apr 20094,49790046.773.59$213,553
Mar 20095,16993042.144.06$221,597
Feb 20094,21284032.814.63$142,087
Jan 20094,83294735.865.37$178,362
Dec 20084,54593037.105.98$174,178
Nov 20083,88699955.496.86$222,488
Oct 20084,53893075.246.92$347,877
Sep 20084,659268101.767.88$476,211
Aug 20084,544930114.228.48$526,905
Jul 20084,51276131.0811.39$592,299
Jun 20084,3511,123131.3313.03$586,052
May 20084,378117123.1711.57$540,592
Apr 20083,6791,205110.3110.45$418,429
Mar 20084,353930101.909.66$452,558
Feb 20084,10087092.538.77$387,003
Jan 20084,52293090.388.21$416,330
Dec 20074,38293088.337.30$393,853
Nov 20074,53991591.677.29$422,762
Oct 20074,28293082.856.92$361,201
Sep 20074,34493275.846.24$335,269
Aug 20074,36893869.066.39$307,646
Jul 20074,580070.906.39$324,722
Jun 20074,36690062.007.55$277,486
May 20074,50811958.747.85$265,734
Apr 20074,45199959.617.81$273,122
Mar 20074,4541,06556.927.30$261,298
Feb 20074,27196855.108.22$243,285
Jan 20074,86331450.306.73$246,721
Dec 20065,21829756.656.92$297,654
Nov 20064,8551,26254.207.62$272,754
Oct 20064,79676654.906.01$267,907
Sep 20064,62280860.085.04$281,760
Aug 20064,9682,07168.717.34$356,552
Jul 20064,6331,95269.376.34$333,772
Jun 20064,5211,46866.286.38$309,023
May 20062,7981,76966.016.42$196,062
Apr 20064,5641,01264.397.36$301,325
Mar 20064,778056.707.08$270,913
Feb 20064,410057.597.75$253,972
Jan 20064,699060.598.93$284,712
Dec 20054,7656654.9413.42$262,675
Nov 20054,8508854.6910.59$266,178
Oct 20054,818058.3413.80$281,082
Sep 20054,295061.4512.08$263,928
Aug 20054,397061.519.80$270,459
Jul 20054,315055.697.84$240,302
Jun 20054,166052.337.38$218,007
May 20054,596045.226.65$207,831
Apr 20054,429049.207.36$217,907
Mar 20054,504050.377.15$226,866
Feb 20054,044045.226.31$182,870
Jan 20054,384043.166.32$189,213
Dec 20044,430039.866.75$176,580
Nov 20044,260045.286.33$192,893
Oct 20044,387049.706.52$218,034
Sep 20044,083043.245.28$176,549
Aug 20044,330042.375.55$183,462
Jul 20044,394038.286.08$168,202
Jun 20044,160036.106.43$150,176
May 20044,204037.486.49$157,566
Apr 20044,086034.475.86$140,844
Mar 20044,18993034.365.53$149,077
Feb 20043,96623032.455.51$129,964
Jan 20044,25917332.036.30$137,506
Dec 20033,90222630.266.30$119,499
Nov 20033,57732228.804.60$104,497
Oct 20033,92644928.174.76$112,733
Sep 20033,56939626.314.75$95,781
Aug 20033,7348029.765.13$111,534
Jul 20033,6251129.415.17$106,668
Jun 20033,7697928.565.98$108,115
May 20033,6472626.595.97$97,129
Apr 20033,76314926.675.41$101,165
Mar 20033,89211731.146.10$121,910
Feb 20033,5268733.487.93$118,740
Jan 20033,9188730.315.58$119,240
Dec 20023,84110026.914.85$103,847
Nov 20023,82410624.664.14$94,738
Oct 20023,93111126.464.23$104,484
Sep 20023,81413627.443.64$105,151
Aug 20024,05313325.963.16$105,637
Jul 20023,74313024.583.06$92,401
Jun 20024,0076723.733.34$95,310
May 20023,94211124.663.58$97,608
Apr 20023,80824423.653.51$90,916
Mar 20023,93525022.003.10$87,346
Feb 20023,53322818.222.38$64,913
Jan 20023,90318217.172.38$67,447
Dec 20014,14318116.932.36$70,569
Nov 20014,30220718.072.41$78,235
Oct 20014,29327319.782.53$85,606
Sep 20014,17927724.262.25$102,006
Aug 20014,53827124.873.05$113,687
Jul 20014,63130623.933.20$111,798
Jun 20014,58929824.563.82$113,845
May 20014,92127725.524.31$126,777
Apr 20014,79129224.685.34$119,800
Mar 20015,35832424.545.38$133,227
Feb 20014,88827127.755.77$137,205
Jan 20015,53629727.478.40$154,568
Dec 20005,42127726.889.12$148,243
Nov 20005,10431032.215.66$166,154
Oct 20005,13239131.235.15$162,284
Sep 20004,76437231.875.19$153,758
Aug 20005,05742829.644.54$151,833
Jul 20005,17547428.534.09$149,581
Jun 20004,98234129.304.40$147,472
May 20005,06943527.263.68$139,782
Apr 20004,98929424.513.12$123,196
Mar 20005,08729528.422.86$145,416
Feb 20004,99431327.622.73$138,788
Jan 20005,02628525.272.48$127,714
Dec 19995,16535024.282.42$126,255
Nov 19995,42535823.192.43$126,677
Oct 19995,40536620.982.80$114,423
Sep 19995,58739921.752.62$122,562
Aug 19995,68739519.262.88$110,667
Jul 19995,53335717.892.37$99,832
Jun 19995,59841315.942.36$90,208
May 19995,69537715.792.32$90,799
Apr 19995,44016015.102.21$82,497
Mar 19995,85722112.471.84$73,443
Feb 19994,92009.981.82$49,102
Jan 19995,82428210.381.90$60,989
Dec 19985,9541109.201.77$54,972
Nov 19985,65130610.892.19$62,208
Oct 19986,01745312.421.97$75,623
Sep 19985,55656112.592.08$71,118
Aug 19985,94584711.301.91$68,794
Jul 19985,96260211.742.24$71,341
Jun 19986,00345911.242.24$68,501
May 19986,1147112.622.21$77,315
Apr 19986,02213613.042.51$78,868
Mar 19986,24817612.802.31$80,381
Feb 19985,66221813.952.30$79,486
Jan 19986,41227614.702.15$94,851
Dec 19976,48133216.322.41$106,570
Nov 19975,70931918.193.09$104,832
Oct 19976,47052719.253.15$126,207
Sep 19976,11630217.742.95$109,390
Aug 19976,58741117.862.55$118,694
Jul 19976,83957817.582.25$121,528
Jun 19976,46112417.242.26$111,668
May 19976,6409818.972.31$126,187
Apr 19976,54244217.882.08$117,892
Mar 19976,88374918.951.94$131,885
Feb 19976,38568420.492.21$132,337
Jan 19977,17662123.483.54$170,691
Dec 19966,65452723.32$155,171
Nov 19966,65636121.97$146,232
Oct 19967,16745423.31$167,063
Sep 19966,41633922.22$142,564
Aug 19967,16342720.26$145,122
Jul 19966,84139719.55$133,742
Jun 19966,81138018.73$127,570
May 19966,98552419.43$135,719
Apr 19966,91034821.51$148,634
Mar 19967,45536519.38$144,478
Feb 19967,17258616.98$121,781
Jan 19967,59480017.07$129,630
Dec 19957,32986017.19$125,986
Nov 19957,11375516.00$113,808
Oct 19957,57284115.43$116,836
Sep 19957,14172516.18$115,541
Aug 19958,30969915.92$132,279
Jul 19957,52484615.24$114,666
Jun 19957,51666516.41$123,338
May 19958,12194417.56$142,605
Apr 19958,00068017.73$141,840
Mar 19958,70865816.44$143,160
Feb 19957,35569416.58$121,946
Jan 19958,58377015.92$136,641
Dec 19948,61059615.03$129,408
Nov 19948,27374215.90$131,541
Oct 19948,78578315.58$136,870
Sep 19948,70860215.29$133,145
Aug 19949,04789016.13$145,928
Jul 19948,60470217.56$151,086
Jun 19948,34478817.09$142,599
May 19948,80679515.88$139,839
Apr 19948,35964114.14$118,196
Mar 19949,32858812.46$116,227
Feb 19948,45362712.50$105,663
Jan 19949,4641,22512.66$119,814
Dec 19939,33498212.33$115,088
Nov 19939,32898214.49$135,163
Oct 19939,3491,22715.85$148,182
Sep 19939,52298215.03$143,116
Aug 19939,8191,22515.66$153,766
Jul 199310,00998015.46$154,739
Jun 199310,00198016.79$167,917
May 199310,5611,22517.68$186,718
Apr 19939,58498018.05$172,991
Mar 199310,20098018.14$185,028
Feb 19939,29798017.90$166,416
Jan 199310,7811,22516.93$182,522

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                2,693 bbl  × $106.41 =   $286,562
Casinghead gas     1,223 Mcf  × $  3.05 =     $3,725

────────────────────────────────────────────────────
Month total                                 $290,287

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/O/12322 is the state's own key, not one this site invented.