HOOVER ESTATE

Name: HOOVER ESTATE lease production and value, Jan 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SCOUT ENERGY MANAGEMENT LLC (P-5 760218) in the OZONA (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 161931District 7CField 679952002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.5 M

Jan 1997 – May 2026

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

353

no gaps in the span

Streams

condensate, gas

The OZONA (CANYON SAND) 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered

1962-02-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: “ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).”

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
High Cost Gas	1	1	1997-04-09	136407
NGPA	1	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
Condensate	Disposition	45 bbl	$2,920
Gas	Production	374,714 Mcf	$1,494,900
Total			$1,497,820

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 30.4312, -101.5867. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43125, -101.58665 · 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

7,530 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 7,530 ft.

Completions filed

Jan 1997

1 of 1 wells

1 well


42-10537505	608	7,530 ft	Jan 1997	—	—

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 (353)

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

353 months


May 2026	0	401	106.41	3.05	$1,221
Apr 2026	1	345	98.93	2.87	$1,089
Mar 2026	0	0	89.75	3.15	$0
Feb 2026	2	286	63.50	3.75	$1,200
Jan 2026	3	366	59.13	8.00	$3,105
Dec 2025	4	378	56.66	4.41	$1,895
Nov 2025	3	374	58.59	3.93	$1,644
Oct 2025	2	279	59.38	3.30	$1,041
Sep 2025	1	385	62.74	3.08	$1,247
Aug 2025	3	355	63.93	3.01	$1,262
Jul 2025	3	355	66.74	3.32	$1,377
Jun 2025	2	387	66.48	3.13	$1,344
May 2025	5	387	60.55	3.23	$1,554
Apr 2025	4	386	62.36	3.54	$1,617
Mar 2025	4	278	67.70	4.27	$1,457
Feb 2025	6	407	70.88	4.34	$2,192
Jan 2025	0	0	74.32	4.28	$0
Dec 2024	0	373	68.99	3.12	$1,164
Nov 2024	0	329	69.05	2.20	$723
Oct 2024	0	361	71.37	2.28	$824
Sep 2024	0	348	69.61	2.36	$823
Aug 2024	0	312	75.63	2.06	$644
Jul 2024	2	334	79.93	2.15	$877
Jun 2024	0	341	78.08	2.63	$898
May 2024	0	348	78.81	2.20	$765
Apr 2024	0	352	84.45	1.66	$584
Mar 2024	0	422	80.30	1.55	$652
Feb 2024	0	378	76.09	1.78	$674
Jan 2024	0	351	73.02	3.30	$1,157
Dec 2023	0	383	71.26	2.61	$1,000
Nov 2023	0	374	77.89	2.81	$1,050
Oct 2023	0	351	85.44	3.09	$1,084
Sep 2023	0	370	89.04	2.74	$1,012
Aug 2023	0	406	80.52	2.67	$1,085
Jul 2023	0	422	74.85	2.64	$1,115
Jun 2023	0	385	68.96	2.26	$870
May 2023	0	401	70.62	2.23	$893
Apr 2023	0	459	78.12	2.24	$1,027
Mar 2023	0	500	72.85	2.39	$1,197
Feb 2023	0	471	75.11	2.47	$1,161
Jan 2023	0	526	76.53	3.39	$1,782
Dec 2022	0	439	76.41	5.73	$2,515
Nov 2022	0	577	85.00	5.65	$3,258
Oct 2022	0	211	87.18	5.86	$1,237
Sep 2022	0	299	84.88	8.16	$2,441
Aug 2022	0	207	94.52	9.13	$1,889
Jul 2022	0	224	101.58	7.54	$1,689
Jun 2022	0	205	115.09	7.98	$1,635
May 2022	0	218	109.37	8.43	$1,838
Apr 2022	0	213	104.22	6.84	$1,456
Mar 2022	0	222	108.88	5.08	$1,127
Feb 2022	0	137	91.05	4.86	$666
Jan 2022	0	217	81.84	4.54	$985
Dec 2021	0	213	71.32	3.90	$831
Nov 2021	0	211	77.43	5.24	$1,105
Oct 2021	0	194	79.79	5.71	$1,108
Sep 2021	0	221	69.86	5.35	$1,183
Aug 2021	0	234	66.02	4.22	$988
Jul 2021	0	231	70.78	3.98	$920
Jun 2021	0	246	69.49	3.38	$832
May 2021	0	188	63.48	3.02	$567
Apr 2021	0	258	60.36	2.76	$712
Mar 2021	0	298	61.30	2.72	$810
Feb 2021	0	254	57.80	5.55	$1,409
Jan 2021	0	262	50.41	2.81	$736
Dec 2020	0	235	44.64	2.68	$629
Nov 2020	0	254	38.77	2.71	$687
Oct 2020	0	268	36.97	2.48	$664
Sep 2020	0	229	37.09	1.99	$456
Aug 2020	0	253	39.98	2.39	$603
Jul 2020	0	256	38.37	1.83	$467
Jun 2020	0	256	34.90	1.69	$433
May 2020	0	270	16.92	1.81	$490
Apr 2020	0	300	14.75	1.80	$541
Mar 2020	0	307	30.34	1.86	$570
Feb 2020	0	292	49.88	1.98	$578
Jan 2020	0	321	57.25	2.09	$672
Dec 2019	0	313	59.01	2.30	$721
Nov 2019	0	311	55.30	2.75	$855
Oct 2019	0	306	53.47	2.42	$740
Sep 2019	0	313	55.05	2.66	$832
Aug 2019	0	339	53.11	2.30	$781
Jul 2019	0	322	56.27	2.46	$792
Jun 2019	0	337	52.78	2.49	$840
May 2019	0	414	58.48	2.74	$1,134
Apr 2019	0	373	62.63	2.75	$1,026
Mar 2019	0	381	56.80	3.06	$1,167
Feb 2019	0	388	50.85	2.79	$1,083
Jan 2019	0	392	46.03	3.23	$1,265
Dec 2018	0	529	46.59	4.19	$2,214
Nov 2018	0	370	52.93	4.24	$1,568
Oct 2018	0	436	61.44	3.40	$1,482
Sep 2018	0	596	59.54	3.11	$1,852
Aug 2018	0	279	59.40	3.07	$856
Jul 2018	0	339	65.14	2.93	$994
Jun 2018	0	330	60.18	3.08	$1,015
May 2018	0	381	65.38	2.90	$1,105
Apr 2018	0	394	63.84	2.90	$1,143
Mar 2018	0	372	61.22	2.79	$1,037
Feb 2018	0	346	61.78	2.77	$957
Jan 2018	0	391	62.87	4.01	$1,568
Dec 2017	0	410	57.27	2.92	$1,198
Nov 2017	0	407	55.42	3.12	$1,269
Oct 2017	0	366	49.29	2.98	$1,092
Sep 2017	0	377	47.52	3.09	$1,164
Aug 2017	0	383	45.37	3.00	$1,151
Jul 2017	0	395	43.87	3.09	$1,219
Jun 2017	0	379	42.49	3.09	$1,170
May 2017	0	413	45.37	3.26	$1,348
Apr 2017	0	467	47.93	3.21	$1,500
Mar 2017	0	495	46.77	2.98	$1,477
Feb 2017	0	485	50.45	2.95	$1,432
Jan 2017	0	531	49.41	3.42	$1,815
Dec 2016	0	540	48.76	3.72	$2,010
Nov 2016	0	523	42.49	2.64	$1,383
Oct 2016	0	517	46.19	3.09	$1,598
Sep 2016	0	520	41.55	3.10	$1,612
Aug 2016	0	540	41.44	2.92	$1,579
Jul 2016	0	544	41.62	2.92	$1,591
Jun 2016	0	523	45.35	2.69	$1,405
May 2016	0	521	42.52	1.99	$1,037
Apr 2016	0	444	36.56	1.99	$884
Mar 2016	0	504	33.01	1.79	$904
Feb 2016	0	325	26.47	2.06	$671
Jan 2016	0	326	27.35	2.36	$771
Dec 2015	0	495	32.36	2.00	$991
Nov 2015	0	518	38.79	2.17	$1,123
Oct 2015	0	628	43.55	2.43	$1,524
Sep 2015	0	663	42.99	2.76	$1,829
Aug 2015	0	735	40.16	2.87	$2,111
Jul 2015	0	481	48.15	2.95	$1,417
Jun 2015	0	384	56.15	2.88	$1,107
May 2015	0	398	55.21	2.96	$1,176
Apr 2015	0	404	49.82	2.71	$1,093
Mar 2015	0	454	42.89	2.93	$1,332
Feb 2015	0	422	44.66	2.98	$1,256
Jan 2015	0	419	43.43	3.10	$1,299
Dec 2014	0	514	54.69	3.59	$1,846
Nov 2014	0	472	70.46	4.25	$2,007
Oct 2014	0	545	78.30	3.90	$2,126
Sep 2014	0	534	86.16	4.05	$2,160
Aug 2014	0	546	89.39	4.04	$2,203
Jul 2014	0	571	96.56	4.18	$2,387
Jun 2014	0	653	98.16	4.74	$3,093
May 2014	0	629	94.73	4.73	$2,973
Apr 2014	0	498	95.94	4.81	$2,395
Mar 2014	0	503	95.89	5.06	$2,544
Feb 2014	0	392	97.40	6.19	$2,427
Jan 2014	0	440	90.40	4.86	$2,139
Dec 2013	0	532	91.82	4.35	$2,317
Nov 2013	0	495	88.85	3.74	$1,850
Oct 2013	0	529	97.42	3.78	$1,999
Sep 2013	0	521	104.11	3.72	$1,937
Aug 2013	0	667	104.25	3.52	$2,350
Jul 2013	0	800	102.52	3.72	$2,974
Jun 2013	0	929	94.40	3.93	$3,654
May 2013	0	926	94.83	4.15	$3,842
Apr 2013	0	607	93.96	4.28	$2,600
Mar 2013	0	288	93.62	3.91	$1,127
Feb 2013	0	460	91.23	3.42	$1,573
Jan 2013	0	517	91.60	3.42	$1,768
Dec 2012	0	507	86.77	3.42	$1,734
Nov 2012	0	503	86.95	3.62	$1,823
Oct 2012	0	470	89.38	3.40	$1,598
Sep 2012	0	452	94.67	2.92	$1,319
Aug 2012	0	477	92.66	2.91	$1,387
Jul 2012	0	488	85.13	3.02	$1,474
Jun 2012	0	493	79.82	2.52	$1,242
May 2012	0	518	91.61	2.49	$1,289
Apr 2012	0	508	101.65	2.00	$1,014
Mar 2012	0	523	105.05	2.22	$1,162
Feb 2012	0	549	101.10	2.57	$1,411
Jan 2012	0	609	98.09	2.73	$1,665
Dec 2011	0	574	96.87	3.24	$1,860
Nov 2011	0	544	95.72	3.31	$1,801
Oct 2011	0	667	84.98	3.65	$2,434
Sep 2011	0	623	83.62	3.99	$2,483
Aug 2011	0	795	83.40	4.15	$3,299
Jul 2011	0	728	94.14	4.52	$3,289
Jun 2011	0	748	92.90	4.64	$3,471
May 2011	0	859	98.13	4.40	$3,784
Apr 2011	0	747	105.96	4.33	$3,237
Mar 2011	0	712	96.36	4.06	$2,889
Feb 2011	0	719	85.64	4.18	$3,005
Jan 2011	0	820	86.50	4.59	$3,763
Dec 2010	0	933	85.73	4.35	$4,056
Nov 2010	0	864	80.84	3.80	$3,279
Oct 2010	0	861	78.10	3.51	$3,021
Sep 2010	0	773	72.63	3.98	$3,076
Aug 2010	0	747	73.68	4.42	$3,301
Jul 2010	0	763	72.55	4.74	$3,614
Jun 2010	0	730	70.36	4.91	$3,585
May 2010	0	827	71.12	4.24	$3,503
Apr 2010	0	720	81.69	4.12	$2,968
Mar 2010	0	993	78.39	4.39	$4,358
Feb 2010	0	801	73.58	5.44	$4,359
Jan 2010	0	861	74.36	5.96	$5,135
Dec 2009	0	850	71.44	5.48	$4,661
Nov 2009	0	831	74.59	3.75	$3,118
Oct 2009	0	758	72.54	4.11	$3,116
Sep 2009	0	802	65.54	3.06	$2,458
Aug 2009	0	930	67.42	3.22	$2,993
Jul 2009	0	1,001	61.13	3.46	$3,468
Jun 2009	0	1,030	66.16	3.90	$4,012
May 2009	0	931	54.74	3.93	$3,655
Apr 2009	0	1,249	46.77	3.59	$4,481
Mar 2009	0	1,026	42.14	4.06	$4,165
Feb 2009	0	1,118	32.81	4.63	$5,180
Jan 2009	0	1,114	35.86	5.37	$5,983
Dec 2008	0	930	37.10	5.98	$5,559
Nov 2008	0	882	55.49	6.86	$6,051
Oct 2008	0	1,137	75.24	6.92	$7,870
Sep 2008	0	928	101.76	7.88	$7,310
Aug 2008	0	942	114.22	8.48	$7,991
Jul 2008	0	922	131.08	11.39	$10,501
Jun 2008	0	906	131.33	13.03	$11,808
May 2008	0	902	123.17	11.57	$10,440
Apr 2008	0	916	110.31	10.45	$9,577
Mar 2008	0	824	101.90	9.66	$7,963
Feb 2008	0	877	92.53	8.77	$7,692
Jan 2008	0	1,025	90.38	8.21	$8,411
Dec 2007	0	1,055	88.33	7.30	$7,704
Nov 2007	0	1,216	91.67	7.29	$8,867
Oct 2007	0	1,146	82.85	6.92	$7,933
Sep 2007	0	1,180	75.84	6.24	$7,368
Aug 2007	0	1,213	69.06	6.39	$7,749
Jul 2007	0	1,284	70.90	6.39	$8,202
Jun 2007	0	1,168	62.00	7.55	$8,817
May 2007	0	1,125	58.74	7.85	$8,827
Apr 2007	0	1,150	59.61	7.81	$8,976
Mar 2007	0	895	56.92	7.30	$6,535
Feb 2007	0	476	55.10	8.22	$3,911
Jan 2007	0	993	50.30	6.73	$6,680
Dec 2006	0	750	56.65	6.92	$5,189
Nov 2006	0	544	54.20	7.62	$4,144
Oct 2006	0	818	54.90	6.01	$4,919
Sep 2006	0	1,061	60.08	5.04	$5,344
Aug 2006	0	1,164	68.71	7.34	$8,544
Jul 2006	0	978	69.37	6.34	$6,203
Jun 2006	0	994	66.28	6.38	$6,346
May 2006	0	1,124	66.01	6.42	$7,222
Apr 2006	0	993	64.39	7.36	$7,309
Mar 2006	0	1,066	56.70	7.08	$7,550
Feb 2006	0	850	57.59	7.75	$6,588
Jan 2006	0	998	60.59	8.93	$8,915
Dec 2005	0	1,065	54.94	13.42	$14,287
Nov 2005	0	978	54.69	10.59	$10,355
Oct 2005	0	1,198	58.34	13.80	$16,527
Sep 2005	0	1,157	61.45	12.08	$13,975
Aug 2005	0	1,331	61.51	9.80	$13,040
Jul 2005	0	1,290	55.69	7.84	$10,118
Jun 2005	0	1,255	52.33	7.38	$9,263
May 2005	0	1,065	45.22	6.65	$7,083
Apr 2005	0	1,355	49.20	7.36	$9,973
Mar 2005	0	1,407	50.37	7.15	$10,067
Feb 2005	0	1,067	45.22	6.31	$6,735
Jan 2005	0	1,466	43.16	6.32	$9,268
Dec 2004	0	1,415	39.86	6.75	$9,553
Nov 2004	0	1,559	45.28	6.33	$9,869
Oct 2004	0	1,381	49.70	6.52	$8,997
Sep 2004	0	1,633	43.24	5.28	$8,629
Aug 2004	0	1,678	42.37	5.55	$9,314
Jul 2004	0	1,645	38.28	6.08	$10,008
Jun 2004	0	1,434	36.10	6.43	$9,225
May 2004	0	855	37.48	6.49	$5,553
Apr 2004	0	421	34.47	5.86	$2,466
Mar 2004	0	674	34.36	5.53	$3,727
Feb 2004	0	296	32.45	5.51	$1,631
Jan 2004	0	237	32.03	6.30	$1,493
Dec 2003	0	1,937	30.26	6.30	$12,206
Nov 2003	0	1,302	28.80	4.60	$5,983
Oct 2003	0	1,179	28.17	4.76	$5,612
Sep 2003	0	1,280	26.31	4.75	$6,079
Aug 2003	0	1,446	29.76	5.13	$7,418
Jul 2003	0	1,239	29.41	5.17	$6,407
Jun 2003	0	1,206	28.56	5.98	$7,215
May 2003	0	1,493	26.59	5.97	$8,917
Apr 2003	0	1,260	26.67	5.41	$6,813
Mar 2003	0	1,385	31.14	6.10	$8,443
Feb 2003	0	1,242	33.48	7.93	$9,844
Jan 2003	0	1,324	30.31	5.58	$7,391
Dec 2002	0	1,582	26.91	4.85	$7,679
Nov 2002	0	1,458	24.66	4.14	$6,032
Oct 2002	0	1,445	26.46	4.23	$6,111
Sep 2002	0	1,868	27.44	3.64	$6,791
Aug 2002	0	1,772	25.96	3.16	$5,607
Jul 2002	0	1,725	24.58	3.06	$5,282
Jun 2002	0	1,651	23.73	3.34	$5,511
May 2002	0	1,687	24.66	3.58	$6,046
Apr 2002	0	1,690	23.65	3.51	$5,936
Mar 2002	0	1,947	22.00	3.10	$6,041
Feb 2002	0	1,704	18.22	2.38	$4,048
Jan 2002	0	1,816	17.17	2.38	$4,314
Dec 2001	0	1,888	16.93	2.36	$4,464
Nov 2001	0	1,817	18.07	2.41	$4,371
Oct 2001	0	1,783	19.78	2.53	$4,509
Sep 2001	0	1,880	24.26	2.25	$4,232
Aug 2001	0	1,638	24.87	3.05	$5,001
Jul 2001	0	1,689	23.93	3.20	$5,400
Jun 2001	0	1,704	24.56	3.82	$6,516
May 2001	0	1,804	25.52	4.31	$7,770
Apr 2001	0	1,677	24.68	5.34	$8,947
Mar 2001	0	1,944	24.54	5.38	$10,452
Feb 2001	0	1,865	27.75	5.77	$10,756
Jan 2001	0	2,097	27.47	8.40	$17,612
Dec 2000	0	1,834	26.88	9.12	$16,731
Nov 2000	0	2,129	32.21	5.66	$12,046
Oct 2000	0	1,979	31.23	5.15	$10,183
Sep 2000	0	1,898	31.87	5.19	$9,844
Aug 2000	0	1,942	29.64	4.54	$8,818
Jul 2000	0	2,143	28.53	4.09	$8,764
Jun 2000	0	2,217	29.30	4.40	$9,749
May 2000	0	2,173	27.26	3.68	$7,996
Apr 2000	0	1,971	24.51	3.12	$6,142
Mar 2000	0	2,056	28.42	2.86	$5,880
Feb 2000	0	2,211	27.62	2.73	$6,028
Jan 2000	0	2,379	25.27	2.48	$5,901
Dec 1999	0	2,307	24.28	2.42	$5,592
Nov 1999	0	2,485	23.19	2.43	$6,048
Oct 1999	0	2,648	20.98	2.80	$7,424
Sep 1999	0	2,271	21.75	2.62	$5,947
Aug 1999	0	2,448	19.26	2.88	$7,039
Jul 1999	0	2,133	17.89	2.37	$5,060
Jun 1999	0	2,171	15.94	2.36	$5,128
May 1999	0	2,385	15.79	2.32	$5,536
Apr 1999	0	2,231	15.10	2.21	$4,926
Mar 1999	0	2,325	12.47	1.84	$4,274
Feb 1999	0	2,367	9.98	1.82	$4,303
Jan 1999	0	2,656	10.38	1.90	$5,046
Dec 1998	0	2,594	9.20	1.77	$4,600
Nov 1998	0	2,472	10.89	2.19	$5,403
Oct 1998	0	3,019	12.42	1.97	$5,945
Sep 1998	0	2,887	12.59	2.08	$6,013
Aug 1998	0	2,961	11.30	1.91	$5,648
Jul 1998	0	3,127	11.74	2.24	$6,996
Jun 1998	0	2,993	11.24	2.24	$6,696
May 1998	0	3,037	12.62	2.21	$6,701
Apr 1998	0	3,326	13.04	2.51	$8,333
Mar 1998	0	3,502	12.80	2.31	$8,088
Feb 1998	0	3,297	13.95	2.30	$7,580
Jan 1998	0	3,690	14.70	2.15	$7,951
Dec 1997	0	3,881	16.32	2.41	$9,357
Nov 1997	0	3,623	18.19	3.09	$11,189
Oct 1997	0	4,270	19.25	3.15	$13,450
Sep 1997	0	3,775	17.74	2.95	$11,155
Aug 1997	0	4,532	17.86	2.55	$11,578
Jul 1997	0	5,274	17.58	2.25	$11,850
Jun 1997	0	5,851	17.24	2.26	$13,207
May 1997	0	6,393	18.97	2.31	$14,758
Apr 1997	0	7,136	17.88	2.08	$14,863
Mar 1997	0	9,634	18.95	1.94	$18,682
Feb 1997	0	8,875	20.49	2.21	$19,577
Jan 1997	0	0	23.48	3.54	$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.

May 2026 — as filed, then multipliedworked

Condensate             0 bbl  × $106.41 =         $0
Gas                  401 Mcf  × $  3.05 =     $1,221

────────────────────────────────────────────────────
Month total                                   $1,221

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. 7C/G/161931 is the state's own key, not one this site invented.