STACY

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

Operated by WATSON OIL & GAS, INC. (P-5 901174) in the W.D.H. (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21571District 7BField 94255300OilCasinghead gasSave Export

Value, all time

$274 k

Jan 1993 – May 2026

Value, last 12 filed months

at the published price for each month

Months reported

401

no gaps in the span

Streams

oil, casinghead gas

The W.D.H. (MARBLE FALLS) 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1982-03-28

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 Commission's schedule remark for this field reads: “EXEMPT FIELD EFF 01/2014 - ELK.”

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	4,759 bbl	$247,457
Casinghead gas	Production	12,347 Mcf	$26,206
Total			$273,664

4,454 Mcf of this lease's gas, across 35 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 32.3327, -98.5490. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33272, -98.54904 · 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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

3,228 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

00.0%

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.

1100.0%

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 3,228 ft.

Completions filed

Aug 1984

1 of 1 wells

1 well


42-13335237	1	3,228 ft	Aug 1984	—	—

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 2026	0	0	106.41	3.05	$0
Apr 2026	0	0	98.93	2.87	$0
Mar 2026	0	0	89.75	3.15	$0
Feb 2026	0	0	63.50	3.75	$0
Jan 2026	0	0	59.13	8.00	$0
Dec 2025	0	0	56.66	4.41	$0
Nov 2025	0	0	58.59	3.93	$0
Oct 2025	0	0	59.38	3.30	$0
Sep 2025	0	0	62.74	3.08	$0
Aug 2025	0	0	63.93	3.01	$0
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	0	0	68.99	3.12	$0
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	0	79.93	2.15	$0
Jun 2024	0	0	78.08	2.63	$0
May 2024	0	0	78.81	2.20	$0
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	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	1	104.22	6.84	$7
Mar 2022	0	1	108.88	5.08	$5
Feb 2022	0	1	91.05	4.86	$5
Jan 2022	0	1	81.84	4.54	$5
Dec 2021	0	1	71.32	3.90	$4
Nov 2021	0	1	77.43	5.24	$5
Oct 2021	179	1	79.79	5.71	$14,288
Sep 2021	0	1	69.86	5.35	$5
Aug 2021	0	1	66.02	4.22	$4
Jul 2021	0	1	70.78	3.98	$4
Jun 2021	0	1	69.49	3.38	$3
May 2021	0	1	63.48	3.02	$3
Apr 2021	0	1	60.36	2.76	$3
Mar 2021	0	1	61.30	2.72	$3
Feb 2021	0	1	57.80	5.55	$6
Jan 2021	0	1	50.41	2.81	$3
Dec 2020	162	1	44.64	2.68	$7,234
Nov 2020	0	1	38.77	2.71	$3
Oct 2020	0	1	36.97	2.48	$2
Sep 2020	0	1	37.09	1.99	$2
Aug 2020	0	1	39.98	2.39	$2
Jul 2020	0	1	38.37	1.83	$2
Jun 2020	0	1	34.90	1.69	$2
May 2020	0	1	16.92	1.81	$2
Apr 2020	0	1	14.75	1.80	$2
Mar 2020	0	1	30.34	1.86	$2
Feb 2020	0	1	49.88	1.98	$2
Jan 2020	0	1	57.25	2.09	$2
Dec 2019	0	1	59.01	2.30	$2
Nov 2019	0	1	55.30	2.75	$3
Oct 2019	0	1	53.47	2.42	$2
Sep 2019	0	1	55.05	2.66	$3
Aug 2019	0	1	53.11	2.30	$2
Jul 2019	0	1	56.27	2.46	$2
Jun 2019	0	1	52.78	2.49	$2
May 2019	0	1	58.48	2.74	$3
Apr 2019	0	1	62.63	2.75	$3
Mar 2019	0	1	56.80	3.06	$3
Feb 2019	0	1	50.85	2.79	$3
Jan 2019	0	1	46.03	3.23	$3
Dec 2018	0	1	46.59	4.19	$4
Nov 2018	0	1	52.93	4.24	$4
Oct 2018	169	1	61.44	3.40	$10,387
Sep 2018	0	1	59.54	3.11	$3
Aug 2018	0	1	59.40	3.07	$3
Jul 2018	0	1	65.14	2.93	$3
Jun 2018	0	1	60.18	3.08	$3
May 2018	0	1	65.38	2.90	$3
Apr 2018	0	1	63.84	2.90	$3
Mar 2018	0	1	61.22	2.79	$3
Feb 2018	0	1	61.78	2.77	$3
Jan 2018	0	1	62.87	4.01	$4
Dec 2017	0	1	57.27	2.92	$3
Nov 2017	0	1	55.42	3.12	$3
Oct 2017	0	1	49.29	2.98	$3
Sep 2017	158	1	47.52	3.09	$7,511
Aug 2017	0	1	45.37	3.00	$3
Jul 2017	0	1	43.87	3.09	$3
Jun 2017	0	1	42.49	3.09	$3
May 2017	0	1	45.37	3.26	$3
Apr 2017	0	1	47.93	3.21	$3
Mar 2017	0	1	46.77	2.98	$3
Feb 2017	0	1	50.45	2.95	$3
Jan 2017	0	1	49.41	3.42	$3
Dec 2016	0	1	48.76	3.72	$4
Nov 2016	156	1	42.49	2.64	$6,631
Oct 2016	0	1	46.19	3.09	$3
Sep 2016	0	1	41.55	3.10	$3
Aug 2016	0	1	41.44	2.92	$3
Jul 2016	0	1	41.62	2.92	$3
Jun 2016	0	1	45.35	2.69	$3
May 2016	0	1	42.52	1.99	$2
Apr 2016	0	1	36.56	1.99	$2
Mar 2016	0	1	33.01	1.79	$2
Feb 2016	0	1	26.47	2.06	$2
Jan 2016	121	1	27.35	2.36	$3,312
Dec 2015	0	1	32.36	2.00	$2
Nov 2015	0	1	38.79	2.17	$2
Oct 2015	0	1	43.55	2.43	$2
Sep 2015	0	1	42.99	2.76	$3
Aug 2015	0	1	40.16	2.87	$3
Jul 2015	0	1	48.15	2.95	$3
Jun 2015	158	1	56.15	2.88	$8,875
May 2015	0	1	55.21	2.96	$3
Apr 2015	0	1	49.82	2.71	$3
Mar 2015	0	1	42.89	2.93	$3
Feb 2015	0	1	44.66	2.98	$3
Jan 2015	0	1	43.43	3.10	$3
Dec 2014	0	1	54.69	3.59	$4
Nov 2014	0	1	70.46	4.25	$4
Oct 2014	0	1	78.30	3.90	$4
Sep 2014	150	1	86.16	4.05	$12,928
Aug 2014	0	1	89.39	4.04	$4
Jul 2014	0	1	96.56	4.18	$4
Jun 2014	0	1	98.16	4.74	$5
May 2014	0	1	94.73	4.73	$5
Apr 2014	0	1	95.94	4.81	$5
Mar 2014	0	1	95.89	5.06	$5
Feb 2014	0	1	97.40	6.19	$6
Jan 2014	159	1	90.40	4.86	$14,378
Dec 2013	0	15	91.82	4.35	$65
Nov 2013	0	15	88.85	3.74	$56
Oct 2013	0	15	97.42	3.78	$57
Sep 2013	0	15	104.11	3.72	$56
Aug 2013	0	15	104.25	3.52	$53
Jul 2013	0	15	102.52	3.72	$56
Jun 2013	0	15	94.40	3.93	$59
May 2013	68	15	94.83	4.15	$6,511
Apr 2013	0	15	93.96	4.28	$64
Mar 2013	0	15	93.62	3.91	$59
Feb 2013	0	15	91.23	3.42	$51
Jan 2013	0	15	91.60	3.42	$51
Dec 2012	0	15	86.77	3.42	$51
Nov 2012	0	15	86.95	3.62	$54
Oct 2012	140	15	89.38	3.40	$12,564
Sep 2012	0	15	94.67	2.92	$44
Aug 2012	0	15	92.66	2.91	$44
Jul 2012	0	15	85.13	3.02	$45
Jun 2012	0	15	79.82	2.52	$38
May 2012	0	15	91.61	2.49	$37
Apr 2012	0	15	101.65	2.00	$30
Mar 2012	0	15	105.05	2.22	$33
Feb 2012	163	15	101.10	2.57	$16,518
Jan 2012	0	15	98.09	2.73	$41
Dec 2011	0	15	96.87	3.24	$49
Nov 2011	0	15	95.72	3.31	$50
Oct 2011	0	15	84.98	3.65	$55
Sep 2011	0	15	83.62	3.99	$60
Aug 2011	0	15	83.40	4.15	$62
Jul 2011	78	15	94.14	4.52	$7,411
Jun 2011	0	15	92.90	4.64	$70
May 2011	0	15	98.13	4.40	$66
Apr 2011	0	15	105.96	4.33	$65
Mar 2011	0	15	96.36	4.06	$61
Feb 2011	0	15	85.64	4.18	$63
Jan 2011	0	15	86.50	4.59	$69
Dec 2010	154	15	85.73	4.35	$13,268
Nov 2010	0	15	80.84	3.80	$57
Oct 2010	0	15	78.10	3.51	$53
Sep 2010	0	15	72.63	3.98	$60
Aug 2010	0	15	73.68	4.42	$66
Jul 2010	0	15	72.55	4.74	$71
Jun 2010	0	15	70.36	4.91	$74
May 2010	0	15	71.12	4.24	$64
Apr 2010	0	15	81.69	4.12	$62
Mar 2010	154	15	78.39	4.39	$12,138
Feb 2010	0	15	73.58	5.44	$82
Jan 2010	0	15	74.36	5.96	$89
Dec 2009	0	15	71.44	5.48	$82
Nov 2009	0	16	74.59	3.75	$60
Oct 2009	0	15	72.54	4.11	$62
Sep 2009	0	15	65.54	3.06	$46
Aug 2009	0	15	67.42	3.22	$48
Jul 2009	0	15	61.13	3.46	$52
Jun 2009	145	15	66.16	3.90	$9,652
May 2009	0	15	54.74	3.93	$59
Apr 2009	0	15	46.77	3.59	$54
Mar 2009	0	15	42.14	4.06	$61
Feb 2009	0	15	32.81	4.63	$70
Jan 2009	0	15	35.86	5.37	$81
Dec 2008	0	15	37.10	5.98	$90
Nov 2008	0	15	55.49	6.86	$103
Oct 2008	0	15	75.24	6.92	$104
Sep 2008	145	15	101.76	7.88	$14,873
Aug 2008	0	15	114.22	8.48	$127
Jul 2008	0	15	131.08	11.39	$171
Jun 2008	0	15	131.33	13.03	$195
May 2008	0	15	123.17	11.57	$174
Apr 2008	0	15	110.31	10.45	$157
Mar 2008	0	15	101.90	9.66	$145
Feb 2008	149	15	92.53	8.77	$13,919
Jan 2008	0	15	90.38	8.21	$123
Dec 2007	0	15	88.33	7.30	$110
Nov 2007	0	15	91.67	7.29	$109
Oct 2007	0	15	82.85	6.92	$104
Sep 2007	0	15	75.84	6.24	$94
Aug 2007	0	15	69.06	6.39	$96
Jul 2007	0	15	70.90	6.39	$96
Jun 2007	175	15	62.00	7.55	$10,963
May 2007	0	15	58.74	7.85	$118
Apr 2007	0	15	59.61	7.81	$117
Mar 2007	0	15	56.92	7.30	$110
Feb 2007	0	15	55.10	8.22	$123
Jan 2007	0	15	50.30	6.73	$101
Dec 2006	0	15	56.65	6.92	$104
Nov 2006	0	15	54.20	7.62	$114
Oct 2006	0	15	54.90	6.01	$90
Sep 2006	0	15	60.08	5.04	$76
Aug 2006	0	15	68.71	7.34	$110
Jul 2006	0	15	69.37	6.34	$95
Jun 2006	0	15	66.28	6.38	$96
May 2006	0	15	66.01	6.42	$96
Apr 2006	0	15	64.39	7.36	$110
Mar 2006	0	15	56.70	7.08	$106
Feb 2006	0	15	57.59	7.75	$116
Jan 2006	0	15	60.59	8.93	$134
Dec 2005	0	15	54.94	13.42	$201
Nov 2005	0	15	54.69	10.59	$159
Oct 2005	0	15	58.34	13.80	$207
Sep 2005	0	15	61.45	12.08	$181
Aug 2005	0	15	61.51	9.80	$147
Jul 2005	0	15	55.69	7.84	$118
Jun 2005	0	15	52.33	7.38	$111
May 2005	91	15	45.22	6.65	$4,215
Apr 2005	0	15	49.20	7.36	$110
Mar 2005	0	15	50.37	7.15	$107
Feb 2005	0	15	45.22	6.31	$95
Jan 2005	0	15	43.16	6.32	$95
Dec 2004	0	15	39.86	6.75	$101
Nov 2004	0	15	45.28	6.33	$95
Oct 2004	0	15	49.70	6.52	$98
Sep 2004	100	15	43.24	5.28	$4,403
Aug 2004	0	15	42.37	5.55	$83
Jul 2004	0	15	38.28	6.08	$91
Jun 2004	0	15	36.10	6.43	$97
May 2004	0	15	37.48	6.49	$97
Apr 2004	119	15	34.47	5.86	$4,190
Mar 2004	0	15	34.36	5.53	$83
Feb 2004	0	15	32.45	5.51	$83
Jan 2004	0	15	32.03	6.30	$94
Dec 2003	0	15	30.26	6.30	$95
Nov 2003	0	15	28.80	4.60	$69
Oct 2003	0	15	28.17	4.76	$71
Sep 2003	0	15	26.31	4.75	$71
Aug 2003	0	15	29.76	5.13	$77
Jul 2003	0	15	29.41	5.17	$78
Jun 2003	0	15	28.56	5.98	$90
May 2003	0	15	26.59	5.97	$90
Apr 2003	0	15	26.67	5.41	$81
Mar 2003	0	15	31.14	6.10	$91
Feb 2003	0	15	33.48	7.93	$119
Jan 2003	139	15	30.31	5.58	$4,297
Dec 2002	0	15	26.91	4.85	$73
Nov 2002	0	15	24.66	4.14	$62
Oct 2002	0	15	26.46	4.23	$63
Sep 2002	0	15	27.44	3.64	$55
Aug 2002	0	15	25.96	3.16	$47
Jul 2002	0	15	24.58	3.06	$46
Jun 2002	0	15	23.73	3.34	$50
May 2002	0	15	24.66	3.58	$54
Apr 2002	0	15	23.65	3.51	$53
Mar 2002	0	15	22.00	3.10	$47
Feb 2002	0	15	18.22	2.38	$36
Jan 2002	0	15	17.17	2.38	$36
Dec 2001	0	15	16.93	2.36	$35
Nov 2001	0	15	18.07	2.41	$36
Oct 2001	0	15	19.78	2.53	$38
Sep 2001	0	15	24.26	2.25	$34
Aug 2001	114	15	24.87	3.05	$2,881
Jul 2001	0	15	23.93	3.20	$48
Jun 2001	0	15	24.56	3.82	$57
May 2001	0	15	25.52	4.31	$65
Apr 2001	0	15	24.68	5.34	$80
Mar 2001	0	15	24.54	5.38	$81
Feb 2001	0	15	27.75	5.77	$87
Jan 2001	129	15	27.47	8.40	$3,670
Dec 2000	0	15	26.88	9.12	$137
Nov 2000	0	15	32.21	5.66	$85
Oct 2000	0	15	31.23	5.15	$77
Sep 2000	0	15	31.87	5.19	$78
Aug 2000	0	15	29.64	4.54	$68
Jul 2000	0	15	28.53	4.09	$61
Jun 2000	0	15	29.30	4.40	$66
May 2000	0	15	27.26	3.68	$55
Apr 2000	170	15	24.51	3.12	$4,213
Mar 2000	0	15	28.42	2.86	$43
Feb 2000	0	15	27.62	2.73	$41
Jan 2000	0	15	25.27	2.48	$37
Dec 1999	0	5	24.28	2.42	$12
Nov 1999	0	5	23.19	2.43	$12
Oct 1999	0	87	20.98	2.80	$244
Sep 1999	0	109	21.75	2.62	$285
Aug 1999	0	104	19.26	2.88	$299
Jul 1999	0	116	17.89	2.37	$275
Jun 1999	0	115	15.94	2.36	$272
May 1999	0	115	15.79	2.32	$267
Apr 1999	0	135	15.10	2.21	$298
Mar 1999	157	132	12.47	1.84	$2,200
Feb 1999	0	134	9.98	1.82	$244
Jan 1999	0	136	10.38	1.90	$258
Dec 1998	0	139	9.20	1.77	$246
Nov 1998	0	142	10.89	2.19	$310
Oct 1998	0	135	12.42	1.97	$266
Sep 1998	0	151	12.59	2.08	$314
Aug 1998	0	169	11.30	1.91	$322
Jul 1998	0	169	11.74	2.24	$378
Jun 1998	0	153	11.24	2.24	$342
May 1998	179	180	12.62	2.21	$2,656
Apr 1998	0	171	13.04	2.51	$428
Mar 1998	0	184	12.80	2.31	$425
Feb 1998	0	161	13.95	2.30	$370
Jan 1998	0	171	14.70	2.15	$368
Dec 1997	0	168	16.32	2.41	$405
Nov 1997	0	228	18.19	3.09	$704
Oct 1997	0	113	19.25	3.15	$356
Sep 1997	0	172	17.74	2.95	$508
Aug 1997	0	165	17.86	2.55	$422
Jul 1997	169	199	17.58	2.25	$3,418
Jun 1997	0	198	17.24	2.26	$447
May 1997	0	193	18.97	2.31	$446
Apr 1997	0	185	17.88	2.08	$385
Mar 1997	0	184	18.95	1.94	$357
Feb 1997	0	178	20.49	2.21	$393
Jan 1997	0	171	23.48	3.54	$605
Dec 1996	0	162	23.32	—	$0
Nov 1996	0	146	21.97	—	$0
Oct 1996	0	161	23.31	—	$0
Sep 1996	0	154	22.22	—	$0
Aug 1996	173	157	20.26	—	$3,505
Jul 1996	0	160	19.55	—	$0
Jun 1996	0	151	18.73	—	$0
May 1996	0	156	19.43	—	$0
Apr 1996	0	147	21.51	—	$0
Mar 1996	0	151	19.38	—	$0
Feb 1996	0	135	16.98	—	$0
Jan 1996	0	146	17.07	—	$0
Dec 1995	0	145	17.19	—	$0
Nov 1995	0	137	16.00	—	$0
Oct 1995	175	147	15.43	—	$2,700
Sep 1995	0	132	16.18	—	$0
Aug 1995	0	136	15.92	—	$0
Jul 1995	0	137	15.24	—	$0
Jun 1995	0	122	16.41	—	$0
May 1995	0	120	17.56	—	$0
Apr 1995	0	10	17.73	—	$0
Mar 1995	0	76	16.44	—	$0
Feb 1995	142	104	16.58	—	$2,354
Jan 1995	0	74	15.92	—	$0
Dec 1994	0	128	15.03	—	$0
Nov 1994	0	140	15.90	—	$0
Oct 1994	119	0	15.58	—	$1,854
Sep 1994	0	62	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	158	15.03	—	$0
Aug 1993	0	164	15.66	—	$0
Jul 1993	0	187	15.46	—	$0
Jun 1993	0	143	16.79	—	$0
May 1993	0	157	17.68	—	$0
Apr 1993	0	62	18.05	—	$0
Mar 1993	0	75	18.14	—	$0
Feb 1993	0	12	17.90	—	$0
Jan 1993	0	0	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.

Apr 2022 — as filed, then multipliedworked

Oil                    0 bbl  × $104.22 =         $0
Casinghead gas         1 Mcf  × $  6.84 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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/21571 is the state's own key, not one this site invented.