MCDANIEL, GUY A.

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

Operated by DELRAY OIL, INC. (P-5 213275) in the COLEMAN COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15527District 7BField 19511001NGPA filingOilCasinghead gasSave Export

Value, all time

$3.5 M

Jan 1993 – Oct 2020

Value, last 12 filed months

$19 k

at the published price for each month

Months reported

334

no gaps in the span

Streams

oil, casinghead gas

The COLEMAN COUNTY REGULAR 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 892 leases and 2,428 wells, and the rule below applies to all of them.

Discovered

1910-12-31

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

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	4	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
Oil	Disposition	46,740 bbl	$1,853,855
Casinghead gas	Production	449,186 Mcf	$1,635,646
Total			$3,489,501

73,404 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 (5)

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 31.8594, -99.6815. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.85907, -99.68003 · 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%

5 of 5 wells

With a plug date

100.0%

5 of 5 wells

Median depth

3,800 ft

5 wells filed one

Completion to plug

35.7 years

median over 5 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

5100.0%

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

5100.0%

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

Between 3,728 and 3,810 ft, median 3,800 ft, over the 5 wells that filed a depth.

Completions filed

Nov 1979 – Mar 1997

5 of 5 wells

Plug dates filed

Jul 2020 – Aug 2020

5 of 5 wells

Last completion to plug: a median of 35.7 years across the 5 wells that filed both dates, with the middle half between 34.3 years and 39.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-08332200	4	3,803 ft	Mar 1997	Aug 2020	Yes
42-08334557	7	3,810 ft	Mar 1986	Jul 2020	Yes
42-08334202	6	3,795 ft	Nov 1984	Jul 2020	Yes
42-08332199	3	3,800 ft	Oct 1980	Aug 2020	Yes
42-08331734	1	3,728 ft	Nov 1979	Aug 2020	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 (334)

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

334 months


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	83	140	57.25	2.09	$5,045
Dec 2019	179	725	59.01	2.30	$12,233
Nov 2019	0	716	55.30	2.75	$1,970
Oct 2019	0	636	53.47	2.42	$1,538
Sep 2019	167	639	55.05	2.66	$10,891
Aug 2019	0	727	53.11	2.30	$1,675
Jul 2019	163	782	56.27	2.46	$11,096
Jun 2019	0	752	52.78	2.49	$1,873
May 2019	170	801	58.48	2.74	$12,137
Apr 2019	0	798	62.63	2.75	$2,195
Mar 2019	0	908	56.80	3.06	$2,780
Feb 2019	158	630	50.85	2.79	$9,793
Jan 2019	0	634	46.03	3.23	$2,047
Dec 2018	174	491	46.59	4.19	$10,162
Nov 2018	0	630	52.93	4.24	$2,669
Oct 2018	166	750	61.44	3.40	$12,748
Sep 2018	0	817	59.54	3.11	$2,539
Aug 2018	177	264	59.40	3.07	$11,323
Jul 2018	0	988	65.14	2.93	$2,897
Jun 2018	160	839	60.18	3.08	$12,210
May 2018	0	1,164	65.38	2.90	$3,377
Apr 2018	167	937	63.84	2.90	$13,379
Mar 2018	0	657	61.22	2.79	$1,831
Feb 2018	168	614	61.78	2.77	$12,077
Jan 2018	0	617	62.87	4.01	$2,474
Dec 2017	169	817	57.27	2.92	$12,066
Nov 2017	0	916	55.42	3.12	$2,856
Oct 2017	167	1,015	49.29	2.98	$11,260
Sep 2017	0	939	47.52	3.09	$2,899
Aug 2017	166	1,044	45.37	3.00	$10,668
Jul 2017	0	508	43.87	3.09	$1,568
Jun 2017	172	726	42.49	3.09	$9,550
May 2017	162	1,126	45.37	3.26	$11,025
Apr 2017	158	1,707	47.93	3.21	$13,055
Mar 2017	0	1,273	46.77	2.98	$3,798
Feb 2017	166	1,142	50.45	2.95	$11,747
Jan 2017	161	1,217	49.41	3.42	$12,116
Dec 2016	173	1,138	48.76	3.72	$12,672
Nov 2016	0	926	42.49	2.64	$2,449
Oct 2016	0	902	46.19	3.09	$2,787
Sep 2016	327	1,143	41.55	3.10	$17,131
Aug 2016	0	821	41.44	2.92	$2,401
Jul 2016	166	800	41.62	2.92	$9,248
Jun 2016	0	569	45.35	2.69	$1,528
May 2016	341	1,508	42.52	1.99	$17,502
Apr 2016	171	1,277	36.56	1.99	$8,794
Mar 2016	345	917	33.01	1.79	$13,034
Feb 2016	0	605	26.47	2.06	$1,249
Jan 2016	182	977	27.35	2.36	$7,288
Dec 2015	0	497	32.36	2.00	$995
Nov 2015	172	715	38.79	2.17	$8,222
Oct 2015	0	942	43.55	2.43	$2,286
Sep 2015	176	974	42.99	2.76	$10,253
Aug 2015	0	1,002	40.16	2.87	$2,878
Jul 2015	171	1,111	48.15	2.95	$11,506
Jun 2015	0	1,023	56.15	2.88	$2,949
May 2015	0	1,120	55.21	2.96	$3,310
Apr 2015	168	1,102	49.82	2.71	$11,352
Mar 2015	0	950	42.89	2.93	$2,788
Feb 2015	170	703	44.66	2.98	$9,684
Jan 2015	0	805	43.43	3.10	$2,496
Dec 2014	165	944	54.69	3.59	$12,414
Nov 2014	0	889	70.46	4.25	$3,780
Oct 2014	173	707	78.30	3.90	$16,304
Sep 2014	0	735	86.16	4.05	$2,973
Aug 2014	0	992	89.39	4.04	$4,003
Jul 2014	168	999	96.56	4.18	$20,398
Jun 2014	0	935	98.16	4.74	$4,429
May 2014	173	906	94.73	4.73	$20,671
Apr 2014	0	918	95.94	4.81	$4,415
Mar 2014	179	988	95.89	5.06	$22,160
Feb 2014	177	940	97.40	6.19	$23,060
Jan 2014	0	927	90.40	4.86	$4,506
Dec 2013	172	948	91.82	4.35	$19,921
Nov 2013	0	938	88.85	3.74	$3,507
Oct 2013	174	1,045	97.42	3.78	$20,901
Sep 2013	0	975	104.11	3.72	$3,625
Aug 2013	171	1,001	104.25	3.52	$21,353
Jul 2013	180	1,117	102.52	3.72	$22,606
Jun 2013	0	1,018	94.40	3.93	$4,004
May 2013	171	1,117	94.83	4.15	$20,850
Apr 2013	0	1,145	93.96	4.28	$4,904
Mar 2013	176	914	93.62	3.91	$20,053
Feb 2013	0	878	91.23	3.42	$3,003
Jan 2013	183	946	91.60	3.42	$19,998
Dec 2012	0	1,019	86.77	3.42	$3,485
Nov 2012	174	974	86.95	3.62	$18,660
Oct 2012	0	1,075	89.38	3.40	$3,655
Sep 2012	171	1,140	94.67	2.92	$19,516
Aug 2012	0	1,158	92.66	2.91	$3,368
Jul 2012	173	1,145	85.13	3.02	$18,186
Jun 2012	0	1,131	79.82	2.52	$2,849
May 2012	173	1,170	91.61	2.49	$18,760
Apr 2012	171	1,047	101.65	2.00	$19,473
Mar 2012	0	1,003	105.05	2.22	$2,229
Feb 2012	172	1,096	101.10	2.57	$20,206
Jan 2012	171	1,136	98.09	2.73	$19,879
Dec 2011	0	1,153	96.87	3.24	$3,735
Nov 2011	169	1,157	95.72	3.31	$20,008
Oct 2011	179	1,227	84.98	3.65	$19,688
Sep 2011	0	1,271	83.62	3.99	$5,066
Aug 2011	168	1,359	83.40	4.15	$19,650
Jul 2011	0	1,409	94.14	4.52	$6,365
Jun 2011	169	1,071	92.90	4.64	$20,669
May 2011	0	1,030	98.13	4.40	$4,537
Apr 2011	163	1,066	105.96	4.33	$21,891
Mar 2011	0	1,200	96.36	4.06	$4,869
Feb 2011	167	1,127	85.64	4.18	$19,013
Jan 2011	0	1,077	86.50	4.59	$4,942
Dec 2010	0	1,071	85.73	4.35	$4,656
Nov 2010	169	995	80.84	3.80	$17,438
Oct 2010	0	1,150	78.10	3.51	$4,035
Sep 2010	167	983	72.63	3.98	$16,041
Aug 2010	0	1,088	73.68	4.42	$4,808
Jul 2010	167	1,187	72.55	4.74	$17,738
Jun 2010	0	1,192	70.36	4.91	$5,853
May 2010	177	1,231	71.12	4.24	$17,802
Apr 2010	0	990	81.69	4.12	$4,081
Mar 2010	176	1,175	78.39	4.39	$18,953
Feb 2010	184	1,007	73.58	5.44	$19,019
Jan 2010	0	946	74.36	5.96	$5,642
Dec 2009	179	1,211	71.44	5.48	$19,429
Nov 2009	174	1,147	74.59	3.75	$17,282
Oct 2009	0	1,228	72.54	4.11	$5,047
Sep 2009	175	1,202	65.54	3.06	$15,153
Aug 2009	0	1,366	67.42	3.22	$4,396
Jul 2009	163	1,155	61.13	3.46	$13,966
Jun 2009	0	1,074	66.16	3.90	$4,183
May 2009	158	1,155	54.74	3.93	$13,183
Apr 2009	174	1,161	46.77	3.59	$12,303
Mar 2009	0	1,276	42.14	4.06	$5,179
Feb 2009	176	1,078	32.81	4.63	$10,769
Jan 2009	176	1,251	35.86	5.37	$13,030
Dec 2008	0	1,255	37.10	5.98	$7,501
Nov 2008	168	1,313	55.49	6.86	$18,330
Oct 2008	173	1,010	75.24	6.92	$20,008
Sep 2008	0	1,127	101.76	7.88	$8,877
Aug 2008	179	1,543	114.22	8.48	$33,535
Jul 2008	0	1,480	131.08	11.39	$16,856
Jun 2008	181	1,434	131.33	13.03	$42,460
May 2008	172	1,405	123.17	11.57	$37,447
Apr 2008	4	2,301	110.31	10.45	$24,498
Mar 2008	180	1,727	101.90	9.66	$35,032
Feb 2008	188	1,269	92.53	8.77	$28,526
Jan 2008	170	1,429	90.38	8.21	$27,091
Dec 2007	0	1,090	88.33	7.30	$7,959
Nov 2007	180	1,420	91.67	7.29	$26,855
Oct 2007	0	1,409	82.85	6.92	$9,753
Sep 2007	350	1,378	75.84	6.24	$35,148
Aug 2007	0	1,632	69.06	6.39	$10,425
Jul 2007	1	2,106	70.90	6.39	$13,524
Jun 2007	182	892	62.00	7.55	$18,017
May 2007	2	1,248	58.74	7.85	$9,910
Apr 2007	178	1,074	59.61	7.81	$18,993
Mar 2007	174	1,084	56.92	7.30	$17,819
Feb 2007	0	937	55.10	8.22	$7,698
Jan 2007	182	1,043	50.30	6.73	$16,171
Dec 2006	187	1,230	56.65	6.92	$19,103
Nov 2006	0	1,127	54.20	7.62	$8,585
Oct 2006	186	1,177	54.90	6.01	$17,290
Sep 2006	183	1,173	60.08	5.04	$16,903
Aug 2006	181	1,296	68.71	7.34	$21,949
Jul 2006	0	1,162	69.37	6.34	$7,370
Jun 2006	183	1,037	66.28	6.38	$18,749
May 2006	187	1,170	66.01	6.42	$19,861
Apr 2006	185	1,190	64.39	7.36	$20,671
Mar 2006	0	1,229	56.70	7.08	$8,705
Feb 2006	182	1,135	57.59	7.75	$19,279
Jan 2006	185	1,412	60.59	8.93	$23,823
Dec 2005	185	1,533	54.94	13.42	$30,730
Nov 2005	178	1,415	54.69	10.59	$24,717
Oct 2005	179	1,431	58.34	13.80	$30,185
Sep 2005	2	1,236	61.45	12.08	$15,053
Aug 2005	177	1,518	61.51	9.80	$25,759
Jul 2005	181	1,540	55.69	7.84	$22,159
Jun 2005	176	1,487	52.33	7.38	$20,186
May 2005	1	1,587	45.22	6.65	$10,601
Apr 2005	172	1,375	49.20	7.36	$18,583
Mar 2005	185	1,341	50.37	7.15	$18,913
Feb 2005	0	1,356	45.22	6.31	$8,559
Jan 2005	357	1,489	43.16	6.32	$24,822
Dec 2004	1	1,456	39.86	6.75	$9,869
Nov 2004	183	1,406	45.28	6.33	$17,187
Oct 2004	177	1,431	49.70	6.52	$18,120
Sep 2004	177	1,402	43.24	5.28	$15,062
Aug 2004	184	1,444	42.37	5.55	$15,811
Jul 2004	0	1,503	38.28	6.08	$9,145
Jun 2004	182	1,483	36.10	6.43	$16,110
May 2004	188	1,595	37.48	6.49	$17,405
Apr 2004	183	1,546	34.47	5.86	$15,365
Mar 2004	183	1,476	34.36	5.53	$14,450
Feb 2004	0	1,438	32.45	5.51	$7,923
Jan 2004	186	1,539	32.03	6.30	$15,653
Dec 2003	182	1,145	30.26	6.30	$12,723
Nov 2003	178	1,440	28.80	4.60	$11,743
Oct 2003	181	1,560	28.17	4.76	$12,524
Sep 2003	0	1,516	26.31	4.75	$7,200
Aug 2003	167	1,676	29.76	5.13	$13,567
Jul 2003	166	1,378	29.41	5.17	$12,007
Jun 2003	177	1,496	28.56	5.98	$14,006
May 2003	0	1,553	26.59	5.97	$9,276
Apr 2003	178	1,632	26.67	5.41	$13,572
Mar 2003	166	1,519	31.14	6.10	$14,429
Feb 2003	172	1,355	33.48	7.93	$16,498
Jan 2003	180	1,430	30.31	5.58	$13,438
Dec 2002	170	1,737	26.91	4.85	$13,006
Nov 2002	182	1,506	24.66	4.14	$10,718
Oct 2002	183	1,809	26.46	4.23	$12,493
Sep 2002	179	1,700	27.44	3.64	$11,092
Aug 2002	173	1,814	25.96	3.16	$10,231
Jul 2002	174	2,008	24.58	3.06	$10,425
Jun 2002	170	1,757	23.73	3.34	$9,899
May 2002	354	2,049	24.66	3.58	$16,073
Apr 2002	165	2,106	23.65	3.51	$11,299
Mar 2002	174	1,546	22.00	3.10	$8,625
Feb 2002	181	1,356	18.22	2.38	$6,519
Jan 2002	179	1,546	17.17	2.38	$6,746
Dec 2001	168	1,496	16.93	2.36	$6,381
Nov 2001	181	1,538	18.07	2.41	$6,970
Oct 2001	152	1,622	19.78	2.53	$7,108
Sep 2001	178	1,654	24.26	2.25	$8,042
Aug 2001	353	1,897	24.87	3.05	$14,571
Jul 2001	180	1,884	23.93	3.20	$10,331
Jun 2001	166	1,945	24.56	3.82	$11,515
May 2001	171	1,817	25.52	4.31	$12,190
Apr 2001	168	1,709	24.68	5.34	$13,264
Mar 2001	348	1,779	24.54	5.38	$18,105
Feb 2001	160	1,317	27.75	5.77	$12,035
Jan 2001	169	1,598	27.47	8.40	$18,064
Dec 2000	163	1,783	26.88	9.12	$20,647
Nov 2000	179	1,672	32.21	5.66	$15,226
Oct 2000	176	1,820	31.23	5.15	$14,861
Sep 2000	175	1,944	31.87	5.19	$15,660
Aug 2000	346	1,962	29.64	4.54	$19,164
Jul 2000	172	2,062	28.53	4.09	$13,340
Jun 2000	162	1,922	29.30	4.40	$13,198
May 2000	181	1,865	27.26	3.68	$11,797
Apr 2000	176	1,951	24.51	3.12	$10,393
Mar 2000	354	2,303	28.42	2.86	$16,647
Feb 2000	175	2,084	27.62	2.73	$10,516
Jan 2000	174	2,527	25.27	2.48	$10,665
Dec 1999	340	2,088	24.28	2.42	$13,316
Nov 1999	348	2,291	23.19	2.43	$13,646
Oct 1999	182	2,150	20.98	2.80	$9,846
Sep 1999	178	2,053	21.75	2.62	$9,248
Aug 1999	353	2,046	19.26	2.88	$12,682
Jul 1999	341	1,911	17.89	2.37	$10,634
Jun 1999	178	1,807	15.94	2.36	$7,106
May 1999	179	1,793	15.79	2.32	$6,988
Apr 1999	177	1,523	15.10	2.21	$6,036
Mar 1999	336	1,559	12.47	1.84	$7,056
Feb 1999	179	1,822	9.98	1.82	$5,098
Jan 1999	180	1,997	10.38	1.90	$5,663
Dec 1998	348	1,874	9.20	1.77	$6,525
Nov 1998	356	1,823	10.89	2.19	$7,861
Oct 1998	183	1,728	12.42	1.97	$5,676
Sep 1998	348	1,910	12.59	2.08	$8,359
Aug 1998	171	2,487	11.30	1.91	$6,676
Jul 1998	342	2,464	11.74	2.24	$9,528
Jun 1998	176	2,415	11.24	2.24	$7,381
May 1998	354	2,607	12.62	2.21	$10,219
Apr 1998	345	2,602	13.04	2.51	$11,018
Mar 1998	356	2,806	12.80	2.31	$11,037
Feb 1998	351	2,387	13.95	2.30	$10,384
Jan 1998	354	2,233	14.70	2.15	$10,015
Dec 1997	354	2,202	16.32	2.41	$11,087
Nov 1997	360	2,481	18.19	3.09	$14,210
Oct 1997	522	2,632	19.25	3.15	$18,339
Sep 1997	349	2,509	17.74	2.95	$13,605
Aug 1997	349	2,178	17.86	2.55	$11,797
Jul 1997	521	3,483	17.58	2.25	$16,985
Jun 1997	520	2,894	17.24	2.26	$15,497
May 1997	703	3,291	18.97	2.31	$20,933
Apr 1997	871	3,455	17.88	2.08	$22,769
Mar 1997	1,063	2,332	18.95	1.94	$24,666
Feb 1997	179	2,176	20.49	2.21	$8,468
Jan 1997	2	922	23.48	3.54	$3,311
Dec 1996	175	1,041	23.32	—	$4,081
Nov 1996	168	1,141	21.97	—	$3,691
Oct 1996	3	1,062	23.31	—	$70
Sep 1996	174	1,114	22.22	—	$3,866
Aug 1996	176	1,203	20.26	—	$3,566
Jul 1996	170	1,224	19.55	—	$3,324
Jun 1996	171	1,296	18.73	—	$3,203
May 1996	0	1,302	19.43	—	$0
Apr 1996	174	1,245	21.51	—	$3,743
Mar 1996	171	1,273	19.38	—	$3,314
Feb 1996	3	1,705	16.98	—	$51
Jan 1996	168	1,227	17.07	—	$2,868
Dec 1995	178	1,634	17.19	—	$3,060
Nov 1995	0	1,354	16.00	—	$0
Oct 1995	154	1,879	15.43	—	$2,376
Sep 1995	170	1,976	16.18	—	$2,751
Aug 1995	172	2,240	15.92	—	$2,738
Jul 1995	168	2,312	15.24	—	$2,560
Jun 1995	0	1,317	16.41	—	$0
May 1995	1	857	17.56	—	$18
Apr 1995	0	763	17.73	—	$0
Mar 1995	0	1,416	16.44	—	$0
Feb 1995	0	1,190	16.58	—	$0
Jan 1995	0	731	15.92	—	$0
Dec 1994	0	1,243	15.03	—	$0
Nov 1994	174	1,312	15.90	—	$2,767
Oct 1994	0	1,082	15.58	—	$0
Sep 1994	172	1,154	15.29	—	$2,630
Aug 1994	172	1,762	16.13	—	$2,774
Jul 1994	0	1,945	17.56	—	$0
Jun 1994	166	2,056	17.09	—	$2,837
May 1994	174	1,716	15.88	—	$2,763
Apr 1994	0	1,911	14.14	—	$0
Mar 1994	172	1,995	12.46	—	$2,143
Feb 1994	167	1,305	12.50	—	$2,088
Jan 1994	0	1,525	12.66	—	$0
Dec 1993	176	1,631	12.33	—	$2,170
Nov 1993	174	2,168	14.49	—	$2,521
Oct 1993	0	1,554	15.85	—	$0
Sep 1993	156	2,122	15.03	—	$2,345
Aug 1993	0	2,519	15.66	—	$0
Jul 1993	170	2,109	15.46	—	$2,628
Jun 1993	172	2,019	16.79	—	$2,888
May 1993	0	1,641	17.68	—	$0
Apr 1993	173	1,908	18.05	—	$3,123
Mar 1993	171	2,330	18.14	—	$3,102
Feb 1993	0	632	17.90	—	$0
Jan 1993	177	1,263	16.93	—	$2,997

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.

Jan 2020 — as filed, then multipliedworked

Oil                   83 bbl  × $ 57.25 =     $4,752
Casinghead gas       140 Mcf  × $  2.09 =       $293

────────────────────────────────────────────────────
Month total                                   $5,045

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/15527 is the state's own key, not one this site invented.