TIBBETS

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

Operated by WALSH & WATTS, INC. (P-5 895060) in the RULE, N. (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 2138District 7BField 78879500OilCasinghead gasSave Export

Value, all time

$3.2 M

Jan 1993 – Apr 2024

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

376

no gaps in the span

Streams

oil, casinghead gas

The RULE, N. (CADDO) 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 4 leases and 6 wells, and the rule below applies to all of them.

Discovered

1953-12-12

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	64,074 bbl	$3,177,996
Casinghead gas	Production	6,258 Mcf	$9,132
Total			$3,187,128

3,056 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 (3)

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 33.2664, -99.8801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.26648, -99.87968 · 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%

3 of 3 wells

With a plug date

100.0%

3 of 3 wells

Median depth

5,900 ft

3 wells filed one

Completion to plug

29.5 years

median over 3 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

3100.0%

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

3100.0%

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 1,390 and 6,052 ft, median 5,900 ft, over the 3 wells that filed a depth.

Completions filed

Dec 1975 – Aug 2001

3 of 3 wells

Plug dates filed

Jun 2005 – Feb 2024

3 of 3 wells

Last completion to plug: a median of 29.5 years across the 3 wells that filed both dates, with the middle half between 26.0 years and 31.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-20701419	1 S	1,390 ft	Aug 2001	Feb 2024	Yes
42-20701490	1	6,052 ft	Oct 1990	Feb 2024	Yes
42-20730303	2	5,900 ft	Dec 1975	Jun 2005	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 (376)

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

376 months


Apr 2024	0	0	84.45	1.66	$0
Mar 2024	0	0	80.30	1.55	$0
Feb 2024	0	0	76.09	1.78	$0
Jan 2024	0	0	73.02	3.30	$0
Dec 2023	0	0	71.26	2.61	$0
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	160	0	70.62	2.23	$11,299
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	0	0	44.64	2.68	$0
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	171	0	39.98	2.39	$6,837
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	151	0	56.27	2.46	$8,497
Jun 2019	0	0	52.78	2.49	$0
May 2019	166	0	58.48	2.74	$9,708
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	157	0	65.14	2.93	$10,227
Jun 2018	164	0	60.18	3.08	$9,870
May 2018	0	0	65.38	2.90	$0
Apr 2018	169	0	63.84	2.90	$10,789
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	168	0	62.87	4.01	$10,562
Dec 2017	165	0	57.27	2.92	$9,450
Nov 2017	173	0	55.42	3.12	$9,588
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	171	0	47.52	3.09	$8,126
Aug 2017	171	0	45.37	3.00	$7,758
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	167	0	42.49	3.09	$7,096
May 2017	165	0	45.37	3.26	$7,486
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	169	0	50.45	2.95	$8,526
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	174	0	48.76	3.72	$8,484
Nov 2016	169	0	42.49	2.64	$7,181
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	171	0	41.55	3.10	$7,105
Aug 2016	165	0	41.44	2.92	$6,838
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	337	0	45.35	2.69	$15,283
May 2016	0	0	42.52	1.99	$0
Apr 2016	171	0	36.56	1.99	$6,252
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	166	0	27.35	2.36	$4,540
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	169	0	38.79	2.17	$6,556
Oct 2015	168	0	43.55	2.43	$7,316
Sep 2015	169	0	42.99	2.76	$7,265
Aug 2015	174	0	40.16	2.87	$6,988
Jul 2015	168	0	48.15	2.95	$8,089
Jun 2015	160	0	56.15	2.88	$8,984
May 2015	0	0	55.21	2.96	$0
Apr 2015	171	0	49.82	2.71	$8,519
Mar 2015	167	0	42.89	2.93	$7,163
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	175	0	43.43	3.10	$7,600
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	333	0	70.46	4.25	$23,463
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	164	0	86.16	4.05	$14,130
Aug 2014	172	0	89.39	4.04	$15,375
Jul 2014	170	0	96.56	4.18	$16,415
Jun 2014	0	0	98.16	4.74	$0
May 2014	168	0	94.73	4.73	$15,915
Apr 2014	170	0	95.94	4.81	$16,310
Mar 2014	169	0	95.89	5.06	$16,205
Feb 2014	177	0	97.40	6.19	$17,240
Jan 2014	172	0	90.40	4.86	$15,549
Dec 2013	172	0	91.82	4.35	$15,793
Nov 2013	179	0	88.85	3.74	$15,904
Oct 2013	174	0	97.42	3.78	$16,951
Sep 2013	174	0	104.11	3.72	$18,115
Aug 2013	175	0	104.25	3.52	$18,244
Jul 2013	174	0	102.52	3.72	$17,838
Jun 2013	176	0	94.40	3.93	$16,614
May 2013	345	0	94.83	4.15	$32,716
Apr 2013	174	0	93.96	4.28	$16,349
Mar 2013	173	0	93.62	3.91	$16,196
Feb 2013	177	0	91.23	3.42	$16,148
Jan 2013	169	0	91.60	3.42	$15,480
Dec 2012	175	0	86.77	3.42	$15,185
Nov 2012	171	0	86.95	3.62	$14,868
Oct 2012	170	0	89.38	3.40	$15,195
Sep 2012	175	0	94.67	2.92	$16,567
Aug 2012	184	0	92.66	2.91	$17,049
Jul 2012	351	0	85.13	3.02	$29,881
Jun 2012	178	0	79.82	2.52	$14,208
May 2012	174	0	91.61	2.49	$15,940
Apr 2012	364	0	101.65	2.00	$37,001
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	367	0	101.10	2.57	$37,104
Jan 2012	179	0	98.09	2.73	$17,558
Dec 2011	363	0	96.87	3.24	$35,164
Nov 2011	179	0	95.72	3.31	$17,134
Oct 2011	181	0	84.98	3.65	$15,381
Sep 2011	177	0	83.62	3.99	$14,801
Aug 2011	175	0	83.40	4.15	$14,595
Jul 2011	354	0	94.14	4.52	$33,326
Jun 2011	175	0	92.90	4.64	$16,258
May 2011	349	0	98.13	4.40	$34,247
Apr 2011	174	0	105.96	4.33	$18,437
Mar 2011	356	0	96.36	4.06	$34,304
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	359	0	86.50	4.59	$31,054
Dec 2010	175	0	85.73	4.35	$15,003
Nov 2010	170	0	80.84	3.80	$13,743
Oct 2010	174	0	78.10	3.51	$13,589
Sep 2010	357	0	72.63	3.98	$25,929
Aug 2010	341	0	73.68	4.42	$25,125
Jul 2010	168	0	72.55	4.74	$12,188
Jun 2010	341	0	70.36	4.91	$23,993
May 2010	350	0	71.12	4.24	$24,892
Apr 2010	165	0	81.69	4.12	$13,479
Mar 2010	360	0	78.39	4.39	$28,220
Feb 2010	168	0	73.58	5.44	$12,361
Jan 2010	171	0	74.36	5.96	$12,716
Dec 2009	343	0	71.44	5.48	$24,504
Nov 2009	166	0	74.59	3.75	$12,382
Oct 2009	341	0	72.54	4.11	$24,736
Sep 2009	348	0	65.54	3.06	$22,808
Aug 2009	345	0	67.42	3.22	$23,260
Jul 2009	181	0	61.13	3.46	$11,065
Jun 2009	329	0	66.16	3.90	$21,767
May 2009	165	0	54.74	3.93	$9,032
Apr 2009	351	0	46.77	3.59	$16,416
Mar 2009	342	0	42.14	4.06	$14,412
Feb 2009	319	0	32.81	4.63	$10,466
Jan 2009	288	0	35.86	5.37	$10,328
Dec 2008	164	0	37.10	5.98	$6,084
Nov 2008	352	0	55.49	6.86	$19,532
Oct 2008	179	0	75.24	6.92	$13,468
Sep 2008	356	0	101.76	7.88	$36,227
Aug 2008	352	0	114.22	8.48	$40,205
Jul 2008	180	0	131.08	11.39	$23,594
Jun 2008	360	0	131.33	13.03	$47,279
May 2008	178	0	123.17	11.57	$21,924
Apr 2008	350	0	110.31	10.45	$38,609
Mar 2008	349	0	101.90	9.66	$35,563
Feb 2008	344	0	92.53	8.77	$31,830
Jan 2008	165	0	90.38	8.21	$14,913
Dec 2007	336	0	88.33	7.30	$29,679
Nov 2007	171	0	91.67	7.29	$15,676
Oct 2007	338	0	82.85	6.92	$28,003
Sep 2007	336	0	75.84	6.24	$25,482
Aug 2007	337	0	69.06	6.39	$23,273
Jul 2007	170	0	70.90	6.39	$12,053
Jun 2007	502	0	62.00	7.55	$31,124
May 2007	174	0	58.74	7.85	$10,221
Apr 2007	336	0	59.61	7.81	$20,029
Mar 2007	348	0	56.92	7.30	$19,808
Feb 2007	173	0	55.10	8.22	$9,532
Jan 2007	353	0	50.30	6.73	$17,756
Dec 2006	343	0	56.65	6.92	$19,431
Nov 2006	346	0	54.20	7.62	$18,753
Oct 2006	345	0	54.90	6.01	$18,941
Sep 2006	341	0	60.08	5.04	$20,487
Aug 2006	177	0	68.71	7.34	$12,162
Jul 2006	160	0	69.37	6.34	$11,099
Jun 2006	171	0	66.28	6.38	$11,334
May 2006	348	0	66.01	6.42	$22,971
Apr 2006	173	0	64.39	7.36	$11,139
Mar 2006	178	0	56.70	7.08	$10,093
Feb 2006	534	0	57.59	7.75	$30,753
Jan 2006	357	0	60.59	8.93	$21,631
Dec 2005	358	0	54.94	13.42	$19,669
Nov 2005	357	0	54.69	10.59	$19,524
Oct 2005	348	0	58.34	13.80	$20,302
Sep 2005	524	0	61.45	12.08	$32,200
Aug 2005	173	0	61.51	9.80	$10,641
Jul 2005	174	0	55.69	7.84	$9,690
Jun 2005	179	0	52.33	7.38	$9,367
May 2005	175	0	45.22	6.65	$7,914
Apr 2005	155	0	49.20	7.36	$7,626
Mar 2005	178	0	50.37	7.15	$8,966
Feb 2005	171	0	45.22	6.31	$7,733
Jan 2005	178	0	43.16	6.32	$7,682
Dec 2004	178	0	39.86	6.75	$7,095
Nov 2004	180	0	45.28	6.33	$8,150
Oct 2004	176	0	49.70	6.52	$8,747
Sep 2004	179	0	43.24	5.28	$7,740
Aug 2004	179	0	42.37	5.55	$7,584
Jul 2004	352	0	38.28	6.08	$13,475
Jun 2004	181	0	36.10	6.43	$6,534
May 2004	176	0	37.48	6.49	$6,596
Apr 2004	171	0	34.47	5.86	$5,894
Mar 2004	327	0	34.36	5.53	$11,236
Feb 2004	169	0	32.45	5.51	$5,484
Jan 2004	173	0	32.03	6.30	$5,541
Dec 2003	349	0	30.26	6.30	$10,561
Nov 2003	180	0	28.80	4.60	$5,184
Oct 2003	182	0	28.17	4.76	$5,127
Sep 2003	349	0	26.31	4.75	$9,182
Aug 2003	169	0	29.76	5.13	$5,029
Jul 2003	171	0	29.41	5.17	$5,029
Jun 2003	168	0	28.56	5.98	$4,798
May 2003	348	0	26.59	5.97	$9,253
Apr 2003	335	0	26.67	5.41	$8,934
Mar 2003	525	0	31.14	6.10	$16,349
Feb 2003	344	0	33.48	7.93	$11,517
Jan 2003	353	0	30.31	5.58	$10,699
Dec 2002	523	0	26.91	4.85	$14,074
Nov 2002	526	0	24.66	4.14	$12,971
Oct 2002	536	0	26.46	4.23	$14,183
Sep 2002	688	0	27.44	3.64	$18,879
Aug 2002	518	0	25.96	3.16	$13,447
Jul 2002	348	0	24.58	3.06	$8,554
Jun 2002	528	33	23.73	3.34	$12,640
May 2002	530	33	24.66	3.58	$13,188
Apr 2002	351	33	23.65	3.51	$8,417
Mar 2002	535	33	22.00	3.10	$11,872
Feb 2002	360	33	18.22	2.38	$6,638
Jan 2002	347	33	17.17	2.38	$6,036
Dec 2001	534	33	16.93	2.36	$9,119
Nov 2001	361	33	18.07	2.41	$6,603
Oct 2001	362	33	19.78	2.53	$7,244
Sep 2001	359	33	24.26	2.25	$8,784
Aug 2001	357	33	24.87	3.05	$8,979
Jul 2001	354	33	23.93	3.20	$8,577
Jun 2001	530	33	24.56	3.82	$13,143
May 2001	534	33	25.52	4.31	$13,770
Apr 2001	533	33	24.68	5.34	$13,331
Mar 2001	513	33	24.54	5.38	$12,766
Feb 2001	539	33	27.75	5.77	$15,148
Jan 2001	846	33	27.47	8.40	$23,517
Dec 2000	348	33	26.88	9.12	$9,655
Nov 2000	0	33	32.21	5.66	$187
Oct 2000	0	33	31.23	5.15	$170
Sep 2000	167	33	31.87	5.19	$5,493
Aug 2000	0	33	29.64	4.54	$150
Jul 2000	166	33	28.53	4.09	$4,871
Jun 2000	0	33	29.30	4.40	$145
May 2000	165	33	27.26	3.68	$4,619
Apr 2000	164	33	24.51	3.12	$4,122
Mar 2000	0	33	28.42	2.86	$94
Feb 2000	167	33	27.62	2.73	$4,703
Jan 2000	0	33	25.27	2.48	$82
Dec 1999	171	33	24.28	2.42	$4,232
Nov 1999	0	33	23.19	2.43	$80
Oct 1999	175	33	20.98	2.80	$3,764
Sep 1999	167	33	21.75	2.62	$3,719
Aug 1999	0	65	19.26	2.88	$187
Jul 1999	163	65	17.89	2.37	$3,070
Jun 1999	0	65	15.94	2.36	$154
May 1999	167	65	15.79	2.32	$2,788
Apr 1999	0	65	15.10	2.21	$144
Mar 1999	169	65	12.47	1.84	$2,227
Feb 1999	0	65	9.98	1.82	$118
Jan 1999	176	65	10.38	1.90	$1,950
Dec 1998	0	65	9.20	1.77	$115
Nov 1998	177	65	10.89	2.19	$2,070
Oct 1998	0	65	12.42	1.97	$128
Sep 1998	162	65	12.59	2.08	$2,175
Aug 1998	0	65	11.30	1.91	$124
Jul 1998	180	65	11.74	2.24	$2,259
Jun 1998	0	65	11.24	2.24	$145
May 1998	177	65	12.62	2.21	$2,377
Apr 1998	186	65	13.04	2.51	$2,588
Mar 1998	0	65	12.80	2.31	$150
Feb 1998	182	65	13.95	2.30	$2,688
Jan 1998	0	65	14.70	2.15	$140
Dec 1997	182	65	16.32	2.41	$3,127
Nov 1997	182	65	18.19	3.09	$3,511
Oct 1997	0	65	19.25	3.15	$205
Sep 1997	183	65	17.74	2.95	$3,438
Aug 1997	0	65	17.86	2.55	$166
Jul 1997	179	65	17.58	2.25	$3,293
Jun 1997	183	65	17.24	2.26	$3,302
May 1997	180	65	18.97	2.31	$3,565
Apr 1997	0	65	17.88	2.08	$135
Mar 1997	181	65	18.95	1.94	$3,556
Feb 1997	181	65	20.49	2.21	$3,852
Jan 1997	0	65	23.48	3.54	$230
Dec 1996	182	65	23.32	—	$4,244
Nov 1996	182	65	21.97	—	$3,999
Oct 1996	182	65	23.31	—	$4,242
Sep 1996	181	65	22.22	—	$4,022
Aug 1996	0	65	20.26	—	$0
Jul 1996	170	65	19.55	—	$3,324
Jun 1996	180	65	18.73	—	$3,371
May 1996	182	65	19.43	—	$3,536
Apr 1996	181	65	21.51	—	$3,893
Mar 1996	0	65	19.38	—	$0
Feb 1996	180	65	16.98	—	$3,056
Jan 1996	177	65	17.07	—	$3,021
Dec 1995	182	65	17.19	—	$3,129
Nov 1995	182	65	16.00	—	$2,912
Oct 1995	0	65	15.43	—	$0
Sep 1995	184	65	16.18	—	$2,977
Aug 1995	179	65	15.92	—	$2,850
Jul 1995	179	65	15.24	—	$2,728
Jun 1995	178	65	16.41	—	$2,921
May 1995	183	65	17.56	—	$3,213
Apr 1995	182	65	17.73	—	$3,227
Mar 1995	0	65	16.44	—	$0
Feb 1995	184	65	16.58	—	$3,051
Jan 1995	182	65	15.92	—	$2,897
Dec 1994	184	65	15.03	—	$2,766
Nov 1994	184	65	15.90	—	$2,926
Oct 1994	181	65	15.58	—	$2,820
Sep 1994	0	65	15.29	—	$0
Aug 1994	345	1	16.13	—	$5,565
Jul 1994	0	65	17.56	—	$0
Jun 1994	179	65	17.09	—	$3,059
May 1994	180	65	15.88	—	$2,858
Apr 1994	179	65	14.14	—	$2,531
Mar 1994	184	65	12.46	—	$2,293
Feb 1994	0	65	12.50	—	$0
Jan 1994	183	65	12.66	—	$2,317
Dec 1993	182	65	12.33	—	$2,244
Nov 1993	181	65	14.49	—	$2,623
Oct 1993	179	65	15.85	—	$2,837
Sep 1993	0	65	15.03	—	$0
Aug 1993	179	65	15.66	—	$2,803
Jul 1993	180	65	15.46	—	$2,783
Jun 1993	180	65	16.79	—	$3,022
May 1993	179	65	17.68	—	$3,165
Apr 1993	181	65	18.05	—	$3,267
Mar 1993	180	65	18.14	—	$3,265
Feb 1993	0	65	17.90	—	$0
Jan 1993	184	65	16.93	—	$3,115

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 2023 — as filed, then multipliedworked

Oil                  160 bbl  × $ 70.62 =    $11,299
Casinghead gas         0 Mcf  × $  2.23 =         $0

────────────────────────────────────────────────────
Month total                                  $11,299

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/2138 is the state's own key, not one this site invented.