KEITH

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

Operated by EASTLAND OPERATING, L.L.C. (P-5 239726) in the MITTIE (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20948District 7BField 62229666OilCasinghead gasSave

Value, all time

$696 k

Jan 1993 – Jul 2025

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

391

no gaps in the span

Streams

oil, casinghead gas

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	4,535 bbl	$186,996
Casinghead gas	Production	145,190 Mcf	$508,605
Total			$695,601

27,871 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 32.0985, -98.6922. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09852, -98.69221 · 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

0.0%

0 of 1 wells

Median depth

2,985 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

1100.0%

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.

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 2,985 ft.

Completions filed

Jul 1982

1 of 1 wells

1 well


42-09331016	1	2,985 ft	Jul 1982	—	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 (391)

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

391 months


Jul 2025	0	0	66.74	3.32	$0
Jun 2025	0	0	66.48	3.13	$0
May 2025	0	0	60.55	3.23	$0
Apr 2025	0	0	62.36	3.54	$0
Mar 2025	0	0	67.70	4.27	$0
Feb 2025	0	0	70.88	4.34	$0
Jan 2025	0	0	74.32	4.28	$0
Dec 2024	109	0	68.99	3.12	$7,520
Nov 2024	0	0	69.05	2.20	$0
Oct 2024	0	0	71.37	2.28	$0
Sep 2024	0	0	69.61	2.36	$0
Aug 2024	0	0	75.63	2.06	$0
Jul 2024	0	51	79.93	2.15	$109
Jun 2024	0	57	78.08	2.63	$150
May 2024	0	66	78.81	2.20	$145
Apr 2024	0	61	84.45	1.66	$101
Mar 2024	0	56	80.30	1.55	$87
Feb 2024	0	53	76.09	1.78	$95
Jan 2024	0	62	73.02	3.30	$204
Dec 2023	0	70	71.26	2.61	$183
Nov 2023	0	60	77.89	2.81	$168
Oct 2023	0	67	85.44	3.09	$207
Sep 2023	0	54	89.04	2.74	$148
Aug 2023	0	60	80.52	2.67	$160
Jul 2023	0	70	74.85	2.64	$185
Jun 2023	0	62	68.96	2.26	$140
May 2023	0	52	70.62	2.23	$116
Apr 2023	0	54	78.12	2.24	$121
Mar 2023	0	43	72.85	2.39	$103
Feb 2023	0	50	75.11	2.47	$123
Jan 2023	0	67	76.53	3.39	$227
Dec 2022	108	66	76.41	5.73	$8,630
Nov 2022	0	86	85.00	5.65	$486
Oct 2022	0	121	87.18	5.86	$710
Sep 2022	0	176	84.88	8.16	$1,437
Aug 2022	0	233	94.52	9.13	$2,127
Jul 2022	0	300	101.58	7.54	$2,263
Jun 2022	0	308	115.09	7.98	$2,457
May 2022	0	323	109.37	8.43	$2,724
Apr 2022	0	304	104.22	6.84	$2,079
Mar 2022	0	315	108.88	5.08	$1,599
Feb 2022	0	248	91.05	4.86	$1,205
Jan 2022	0	242	81.84	4.54	$1,098
Dec 2021	0	226	71.32	3.90	$881
Nov 2021	0	330	77.43	5.24	$1,728
Oct 2021	0	337	79.79	5.71	$1,926
Sep 2021	0	367	69.86	5.35	$1,964
Aug 2021	101	371	66.02	4.22	$8,234
Jul 2021	0	157	70.78	3.98	$625
Jun 2021	0	157	69.49	3.38	$531
May 2021	0	347	63.48	3.02	$1,047
Apr 2021	0	255	60.36	2.76	$703
Mar 2021	0	55	61.30	2.72	$149
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	236	50.41	2.81	$663
Dec 2020	0	276	44.64	2.68	$738
Nov 2020	0	214	38.77	2.71	$579
Oct 2020	0	226	36.97	2.48	$560
Sep 2020	0	108	37.09	1.99	$215
Aug 2020	101	354	39.98	2.39	$4,882
Jul 2020	0	348	38.37	1.83	$635
Jun 2020	0	364	34.90	1.69	$615
May 2020	0	428	16.92	1.81	$777
Apr 2020	0	225	14.75	1.80	$406
Mar 2020	0	204	30.34	1.86	$379
Feb 2020	0	204	49.88	1.98	$404
Jan 2020	0	199	57.25	2.09	$417
Dec 2019	0	56	59.01	2.30	$129
Nov 2019	0	58	55.30	2.75	$160
Oct 2019	0	249	53.47	2.42	$602
Sep 2019	0	381	55.05	2.66	$1,012
Aug 2019	0	360	53.11	2.30	$830
Jul 2019	106	257	56.27	2.46	$6,597
Jun 2019	0	136	52.78	2.49	$339
May 2019	0	361	58.48	2.74	$989
Apr 2019	0	172	62.63	2.75	$473
Mar 2019	0	379	56.80	3.06	$1,161
Feb 2019	0	259	50.85	2.79	$723
Jan 2019	0	178	46.03	3.23	$575
Dec 2018	0	355	46.59	4.19	$1,486
Nov 2018	0	406	52.93	4.24	$1,720
Oct 2018	0	396	61.44	3.40	$1,346
Sep 2018	0	411	59.54	3.11	$1,277
Aug 2018	0	403	59.40	3.07	$1,236
Jul 2018	0	390	65.14	2.93	$1,143
Jun 2018	121	469	60.18	3.08	$8,725
May 2018	0	357	65.38	2.90	$1,036
Apr 2018	0	469	63.84	2.90	$1,360
Mar 2018	0	543	61.22	2.79	$1,513
Feb 2018	0	470	61.78	2.77	$1,300
Jan 2018	0	44	62.87	4.01	$176
Dec 2017	0	114	57.27	2.92	$333
Nov 2017	0	84	55.42	3.12	$262
Oct 2017	0	76	49.29	2.98	$227
Sep 2017	0	158	47.52	3.09	$488
Aug 2017	0	289	45.37	3.00	$868
Jul 2017	0	303	43.87	3.09	$935
Jun 2017	0	432	42.49	3.09	$1,334
May 2017	0	466	45.37	3.26	$1,521
Apr 2017	0	479	47.93	3.21	$1,538
Mar 2017	0	186	46.77	2.98	$555
Feb 2017	0	95	50.45	2.95	$281
Jan 2017	0	124	49.41	3.42	$424
Dec 2016	0	259	48.76	3.72	$964
Nov 2016	0	364	42.49	2.64	$963
Oct 2016	0	423	46.19	3.09	$1,307
Sep 2016	105	424	41.55	3.10	$5,677
Aug 2016	0	320	41.44	2.92	$936
Jul 2016	0	153	41.62	2.92	$447
Jun 2016	0	202	45.35	2.69	$543
May 2016	0	361	42.52	1.99	$719
Apr 2016	0	360	36.56	1.99	$717
Mar 2016	0	378	33.01	1.79	$678
Feb 2016	0	314	26.47	2.06	$648
Jan 2016	0	279	27.35	2.36	$660
Dec 2015	0	371	32.36	2.00	$743
Nov 2015	0	385	38.79	2.17	$834
Oct 2015	0	414	43.55	2.43	$1,005
Sep 2015	0	410	42.99	2.76	$1,131
Aug 2015	166	454	40.16	2.87	$7,971
Jul 2015	0	364	48.15	2.95	$1,072
Jun 2015	0	308	56.15	2.88	$888
May 2015	0	428	55.21	2.96	$1,265
Apr 2015	0	464	49.82	2.71	$1,256
Mar 2015	0	411	42.89	2.93	$1,206
Feb 2015	0	363	44.66	2.98	$1,080
Jan 2015	0	375	43.43	3.10	$1,163
Dec 2014	0	377	54.69	3.59	$1,354
Nov 2014	0	385	70.46	4.25	$1,637
Oct 2014	0	405	78.30	3.90	$1,580
Sep 2014	0	387	86.16	4.05	$1,566
Aug 2014	0	405	89.39	4.04	$1,634
Jul 2014	0	390	96.56	4.18	$1,630
Jun 2014	0	376	98.16	4.74	$1,781
May 2014	0	393	94.73	4.73	$1,858
Apr 2014	0	390	95.94	4.81	$1,876
Mar 2014	0	541	95.89	5.06	$2,736
Feb 2014	0	349	97.40	6.19	$2,161
Jan 2014	0	395	90.40	4.86	$1,920
Dec 2013	165	379	91.82	4.35	$16,801
Nov 2013	0	378	88.85	3.74	$1,413
Oct 2013	0	405	97.42	3.78	$1,531
Sep 2013	0	341	104.11	3.72	$1,268
Aug 2013	0	412	104.25	3.52	$1,451
Jul 2013	0	387	102.52	3.72	$1,439
Jun 2013	1	386	94.40	3.93	$1,613
May 2013	0	403	94.83	4.15	$1,672
Apr 2013	0	389	93.96	4.28	$1,666
Mar 2013	0	393	93.62	3.91	$1,538
Feb 2013	0	374	91.23	3.42	$1,279
Jan 2013	0	402	91.60	3.42	$1,375
Dec 2012	0	413	86.77	3.42	$1,413
Nov 2012	0	410	86.95	3.62	$1,486
Oct 2012	1	424	89.38	3.40	$1,531
Sep 2012	0	409	94.67	2.92	$1,194
Aug 2012	0	442	92.66	2.91	$1,285
Jul 2012	0	301	85.13	3.02	$909
Jun 2012	0	367	79.82	2.52	$924
May 2012	0	403	91.61	2.49	$1,003
Apr 2012	167	428	101.65	2.00	$17,830
Mar 2012	0	349	105.05	2.22	$776
Feb 2012	0	329	101.10	2.57	$846
Jan 2012	0	374	98.09	2.73	$1,023
Dec 2011	0	409	96.87	3.24	$1,325
Nov 2011	0	339	95.72	3.31	$1,123
Oct 2011	0	259	84.98	3.65	$945
Sep 2011	0	341	83.62	3.99	$1,359
Aug 2011	0	361	83.40	4.15	$1,498
Jul 2011	0	389	94.14	4.52	$1,757
Jun 2011	6	389	92.90	4.64	$2,362
May 2011	0	396	98.13	4.40	$1,744
Apr 2011	0	388	105.96	4.33	$1,681
Mar 2011	0	405	96.36	4.06	$1,643
Feb 2011	0	366	85.64	4.18	$1,530
Jan 2011	0	417	86.50	4.59	$1,914
Dec 2010	0	415	85.73	4.35	$1,804
Nov 2010	0	407	80.84	3.80	$1,545
Oct 2010	0	343	78.10	3.51	$1,204
Sep 2010	0	373	72.63	3.98	$1,484
Aug 2010	167	412	73.68	4.42	$14,125
Jul 2010	0	437	72.55	4.74	$2,070
Jun 2010	0	421	70.36	4.91	$2,067
May 2010	0	439	71.12	4.24	$1,859
Apr 2010	0	308	81.69	4.12	$1,270
Mar 2010	0	296	78.39	4.39	$1,299
Feb 2010	0	274	73.58	5.44	$1,491
Jan 2010	0	288	74.36	5.96	$1,718
Dec 2009	0	287	71.44	5.48	$1,574
Nov 2009	0	278	74.59	3.75	$1,043
Oct 2009	0	300	72.54	4.11	$1,233
Sep 2009	0	351	65.54	3.06	$1,076
Aug 2009	0	421	67.42	3.22	$1,355
Jul 2009	0	511	61.13	3.46	$1,770
Jun 2009	0	492	66.16	3.90	$1,916
May 2009	0	472	54.74	3.93	$1,853
Apr 2009	0	283	46.77	3.59	$1,015
Mar 2009	0	317	42.14	4.06	$1,287
Feb 2009	172	226	32.81	4.63	$6,690
Jan 2009	0	247	35.86	5.37	$1,327
Dec 2008	0	161	37.10	5.98	$962
Nov 2008	0	226	55.49	6.86	$1,550
Oct 2008	0	359	75.24	6.92	$2,485
Sep 2008	0	388	101.76	7.88	$3,056
Aug 2008	0	556	114.22	8.48	$4,717
Jul 2008	0	534	131.08	11.39	$6,082
Jun 2008	0	390	131.33	13.03	$5,083
May 2008	0	340	123.17	11.57	$3,935
Apr 2008	0	221	110.31	10.45	$2,311
Mar 2008	0	169	101.90	9.66	$1,633
Feb 2008	0	164	92.53	8.77	$1,438
Jan 2008	0	133	90.38	8.21	$1,091
Dec 2007	0	89	88.33	7.30	$650
Nov 2007	174	119	91.67	7.29	$16,818
Oct 2007	0	132	82.85	6.92	$914
Sep 2007	0	487	75.84	6.24	$3,041
Aug 2007	0	494	69.06	6.39	$3,156
Jul 2007	0	389	70.90	6.39	$2,485
Jun 2007	0	483	62.00	7.55	$3,646
May 2007	0	486	58.74	7.85	$3,813
Apr 2007	0	498	59.61	7.81	$3,887
Mar 2007	0	542	56.92	7.30	$3,958
Feb 2007	0	468	55.10	8.22	$3,845
Jan 2007	0	512	50.30	6.73	$3,444
Dec 2006	0	538	56.65	6.92	$3,722
Nov 2006	0	470	54.20	7.62	$3,580
Oct 2006	0	507	54.90	6.01	$3,049
Sep 2006	0	271	60.08	5.04	$1,365
Aug 2006	167	539	68.71	7.34	$15,431
Jul 2006	0	689	69.37	6.34	$4,370
Jun 2006	0	366	66.28	6.38	$2,337
May 2006	0	384	66.01	6.42	$2,467
Apr 2006	0	395	64.39	7.36	$2,907
Mar 2006	0	372	56.70	7.08	$2,635
Feb 2006	0	315	57.59	7.75	$2,442
Jan 2006	0	306	60.59	8.93	$2,734
Dec 2005	0	305	54.94	13.42	$4,092
Nov 2005	0	307	54.69	10.59	$3,251
Oct 2005	169	332	58.34	13.80	$14,440
Sep 2005	0	270	61.45	12.08	$3,261
Aug 2005	0	315	61.51	9.80	$3,086
Jul 2005	0	274	55.69	7.84	$2,149
Jun 2005	0	337	52.33	7.38	$2,487
May 2005	0	295	45.22	6.65	$1,962
Apr 2005	0	250	49.20	7.36	$1,840
Mar 2005	0	355	50.37	7.15	$2,540
Feb 2005	0	412	45.22	6.31	$2,601
Jan 2005	0	403	43.16	6.32	$2,548
Dec 2004	0	307	39.86	6.75	$2,073
Nov 2004	0	242	45.28	6.33	$1,532
Oct 2004	0	569	49.70	6.52	$3,707
Sep 2004	0	238	43.24	5.28	$1,258
Aug 2004	0	279	42.37	5.55	$1,549
Jul 2004	0	242	38.28	6.08	$1,472
Jun 2004	0	209	36.10	6.43	$1,345
May 2004	0	251	37.48	6.49	$1,630
Apr 2004	161	275	34.47	5.86	$7,161
Mar 2004	0	505	34.36	5.53	$2,793
Feb 2004	0	504	32.45	5.51	$2,777
Jan 2004	0	480	32.03	6.30	$3,024
Dec 2003	0	337	30.26	6.30	$2,124
Nov 2003	0	203	28.80	4.60	$933
Oct 2003	0	300	28.17	4.76	$1,428
Sep 2003	0	502	26.31	4.75	$2,384
Aug 2003	0	572	29.76	5.13	$2,934
Jul 2003	0	528	29.41	5.17	$2,730
Jun 2003	0	561	28.56	5.98	$3,356
May 2003	0	579	26.59	5.97	$3,458
Apr 2003	170	411	26.67	5.41	$6,756
Mar 2003	0	352	31.14	6.10	$2,146
Feb 2003	0	387	33.48	7.93	$3,067
Jan 2003	0	416	30.31	5.58	$2,322
Dec 2002	0	383	26.91	4.85	$1,859
Nov 2002	0	377	24.66	4.14	$1,560
Oct 2002	0	332	26.46	4.23	$1,404
Sep 2002	0	516	27.44	3.64	$1,876
Aug 2002	0	629	25.96	3.16	$1,990
Jul 2002	0	573	24.58	3.06	$1,754
Jun 2002	0	601	23.73	3.34	$2,006
May 2002	0	487	24.66	3.58	$1,745
Apr 2002	0	469	23.65	3.51	$1,647
Mar 2002	159	406	22.00	3.10	$4,758
Feb 2002	0	393	18.22	2.38	$934
Jan 2002	0	501	17.17	2.38	$1,190
Dec 2001	0	451	16.93	2.36	$1,066
Nov 2001	0	434	18.07	2.41	$1,044
Oct 2001	0	430	19.78	2.53	$1,087
Sep 2001	0	662	24.26	2.25	$1,490
Aug 2001	0	624	24.87	3.05	$1,905
Jul 2001	0	665	23.93	3.20	$2,126
Jun 2001	0	620	24.56	3.82	$2,371
May 2001	0	654	25.52	4.31	$2,817
Apr 2001	163	527	24.68	5.34	$6,835
Mar 2001	0	393	24.54	5.38	$2,113
Feb 2001	0	644	27.75	5.77	$3,714
Jan 2001	0	627	27.47	8.40	$5,266
Dec 2000	0	635	26.88	9.12	$5,793
Nov 2000	0	565	32.21	5.66	$3,197
Oct 2000	0	561	31.23	5.15	$2,887
Sep 2000	0	636	31.87	5.19	$3,299
Aug 2000	0	698	29.64	4.54	$3,169
Jul 2000	0	683	28.53	4.09	$2,793
Jun 2000	0	653	29.30	4.40	$2,871
May 2000	0	704	27.26	3.68	$2,591
Apr 2000	0	656	24.51	3.12	$2,044
Mar 2000	146	654	28.42	2.86	$6,020
Feb 2000	0	707	27.62	2.73	$1,928
Jan 2000	0	253	25.27	2.48	$628
Dec 1999	0	359	24.28	2.42	$870
Nov 1999	0	308	23.19	2.43	$750
Oct 1999	0	387	20.98	2.80	$1,085
Sep 1999	0	478	21.75	2.62	$1,252
Aug 1999	145	570	19.26	2.88	$4,432
Jul 1999	0	570	17.89	2.37	$1,352
Jun 1999	0	487	15.94	2.36	$1,150
May 1999	0	357	15.79	2.32	$829
Apr 1999	0	399	15.10	2.21	$881
Mar 1999	0	476	12.47	1.84	$875
Feb 1999	0	456	9.98	1.82	$829
Jan 1999	0	599	10.38	1.90	$1,138
Dec 1998	0	437	9.20	1.77	$775
Nov 1998	0	295	10.89	2.19	$645
Oct 1998	150	338	12.42	1.97	$2,529
Sep 1998	0	206	12.59	2.08	$429
Aug 1998	0	232	11.30	1.91	$443
Jul 1998	0	303	11.74	2.24	$678
Jun 1998	7	327	11.24	2.24	$810
May 1998	0	384	12.62	2.21	$847
Apr 1998	0	402	13.04	2.51	$1,007
Mar 1998	0	549	12.80	2.31	$1,268
Feb 1998	0	498	13.95	2.30	$1,145
Jan 1998	125	436	14.70	2.15	$2,777
Dec 1997	0	419	16.32	2.41	$1,010
Nov 1997	0	435	18.19	3.09	$1,343
Oct 1997	0	375	19.25	3.15	$1,181
Sep 1997	0	396	17.74	2.95	$1,170
Aug 1997	0	390	17.86	2.55	$996
Jul 1997	0	286	17.58	2.25	$643
Jun 1997	0	340	17.24	2.26	$767
May 1997	0	416	18.97	2.31	$960
Apr 1997	143	454	17.88	2.08	$3,502
Mar 1997	0	470	18.95	1.94	$911
Feb 1997	0	564	20.49	2.21	$1,244
Jan 1997	0	600	23.48	3.54	$2,124
Dec 1996	0	658	23.32	—	$0
Nov 1996	134	410	21.97	—	$2,944
Oct 1996	0	396	23.31	—	$0
Sep 1996	0	273	22.22	—	$0
Aug 1996	0	224	20.26	—	$0
Jul 1996	0	301	19.55	—	$0
Jun 1996	0	272	18.73	—	$0
May 1996	0	331	19.43	—	$0
Apr 1996	0	429	21.51	—	$0
Mar 1996	0	558	19.38	—	$0
Feb 1996	136	442	16.98	—	$2,309
Jan 1996	0	622	17.07	—	$0
Dec 1995	0	603	17.19	—	$0
Nov 1995	0	658	16.00	—	$0
Oct 1995	0	462	15.43	—	$0
Sep 1995	0	483	16.18	—	$0
Aug 1995	149	542	15.92	—	$2,372
Jul 1995	0	543	15.24	—	$0
Jun 1995	0	467	16.41	—	$0
May 1995	0	509	17.56	—	$0
Apr 1995	0	397	17.73	—	$0
Mar 1995	0	465	16.44	—	$0
Feb 1995	0	411	16.58	—	$0
Jan 1995	154	527	15.92	—	$2,452
Dec 1994	0	501	15.03	—	$0
Nov 1994	0	429	15.90	—	$0
Oct 1994	0	454	15.58	—	$0
Sep 1994	0	703	15.29	—	$0
Aug 1994	0	882	16.13	—	$0
Jul 1994	163	929	17.56	—	$2,862
Jun 1994	0	847	17.09	—	$0
May 1994	0	682	15.88	—	$0
Apr 1994	148	650	14.14	—	$2,093
Mar 1994	0	674	12.46	—	$0
Feb 1994	0	745	12.50	—	$0
Jan 1994	176	240	12.66	—	$2,228
Dec 1993	0	375	12.33	—	$0
Nov 1993	0	876	14.49	—	$0
Oct 1993	0	389	15.85	—	$0
Sep 1993	0	859	15.03	—	$0
Aug 1993	0	889	15.66	—	$0
Jul 1993	0	892	15.46	—	$0
Jun 1993	0	846	16.79	—	$0
May 1993	0	858	17.68	—	$0
Apr 1993	0	739	18.05	—	$0
Mar 1993	0	928	18.14	—	$0
Feb 1993	0	1,061	17.90	—	$0
Jan 1993	0	440	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 2024 — as filed, then multipliedworked

Oil                  109 bbl  × $ 68.99 =     $7,520
Casinghead gas         0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $7,520

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/20948 is the state's own key, not one this site invented.