KINCAID, A. R. TRUST

Name: KINCAID, A. R. TRUST lease production and value, Aug 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, NE. (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 164541District 7CField 679980752 tax incentive programmesCondensateGasSave Export

Value, all time

$1.9 M

Aug 1997 – May 2026

Value, last 12 filed months

$12 k

at the published price for each month

Months reported

346

no gaps in the span

Streams

condensate, gas

The OZONA, NE. (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 800 leases and 804 wells, and the rule below applies to all of them.

Discovered

1995-10-03

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1997-02-27.

The Commission's schedule remark for this field reads: “38. DOCKET 7C-0214353 EFF 2/27/97 SIGNED 2/4/97”

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	1997-10-27	137344
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	6,777 bbl	$273,474
Gas	Production	421,575 Mcf	$1,591,463
Total			$1,864,938

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 30.6550, -101.1808. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.65496, -101.18081 · 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

6,550 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 6,550 ft.

Completions filed

Aug 1997

1 of 1 wells

1 well


42-10537641	18	6,550 ft	Aug 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 (346)

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

346 months


May 2026	3	248	106.41	3.05	$1,075
Apr 2026	3	267	98.93	2.87	$1,063
Mar 2026	0	0	89.75	3.15	$0
Feb 2026	4	195	63.50	3.75	$985
Jan 2026	3	222	59.13	8.00	$1,953
Dec 2025	4	225	56.66	4.41	$1,220
Nov 2025	3	225	58.59	3.93	$1,059
Oct 2025	4	210	59.38	3.30	$932
Sep 2025	3	223	62.74	3.08	$874
Aug 2025	4	232	63.93	3.01	$955
Jul 2025	3	231	66.74	3.32	$966
Jun 2025	3	231	66.48	3.13	$922
May 2025	4	247	60.55	3.23	$1,041
Apr 2025	2	210	62.36	3.54	$869
Mar 2025	4	213	67.70	4.27	$1,180
Feb 2025	2	192	70.88	4.34	$975
Jan 2025	3	0	74.32	4.28	$223
Dec 2024	14	228	68.99	3.12	$1,678
Nov 2024	6	232	69.05	2.20	$924
Oct 2024	9	241	71.37	2.28	$1,192
Sep 2024	8	237	69.61	2.36	$1,117
Aug 2024	8	244	75.63	2.06	$1,109
Jul 2024	8	246	79.93	2.15	$1,168
Jun 2024	8	240	78.08	2.63	$1,257
May 2024	9	250	78.81	2.20	$1,259
Apr 2024	9	232	84.45	1.66	$1,145
Mar 2024	13	241	80.30	1.55	$1,416
Feb 2024	11	221	76.09	1.78	$1,231
Jan 2024	13	235	73.02	3.30	$1,724
Dec 2023	10	223	71.26	2.61	$1,295
Nov 2023	11	238	77.89	2.81	$1,525
Oct 2023	10	203	85.44	3.09	$1,481
Sep 2023	11	246	89.04	2.74	$1,652
Aug 2023	9	256	80.52	2.67	$1,409
Jul 2023	11	261	74.85	2.64	$1,513
Jun 2023	13	256	68.96	2.26	$1,475
May 2023	14	259	70.62	2.23	$1,566
Apr 2023	11	224	78.12	2.24	$1,361
Mar 2023	13	257	72.85	2.39	$1,562
Feb 2023	13	247	75.11	2.47	$1,585
Jan 2023	13	234	76.53	3.39	$1,788
Dec 2022	13	193	76.41	5.73	$2,099
Nov 2022	11	227	85.00	5.65	$2,217
Oct 2022	10	257	87.18	5.86	$2,379
Sep 2022	11	251	84.88	8.16	$2,983
Aug 2022	12	257	94.52	9.13	$3,480
Jul 2022	9	264	101.58	7.54	$2,905
Jun 2022	8	256	115.09	7.98	$2,963
May 2022	13	272	109.37	8.43	$3,716
Apr 2022	10	290	104.22	6.84	$3,025
Mar 2022	13	234	108.88	5.08	$2,603
Feb 2022	9	267	91.05	4.86	$2,117
Jan 2022	11	299	81.84	4.54	$2,257
Dec 2021	11	313	71.32	3.90	$2,005
Nov 2021	13	224	77.43	5.24	$2,180
Oct 2021	11	247	79.79	5.71	$2,289
Sep 2021	9	251	69.86	5.35	$1,972
Aug 2021	9	251	66.02	4.22	$1,654
Jul 2021	11	151	70.78	3.98	$1,380
Jun 2021	10	251	69.49	3.38	$1,543
May 2021	14	220	63.48	3.02	$1,553
Apr 2021	11	220	60.36	2.76	$1,271
Mar 2021	11	246	61.30	2.72	$1,343
Feb 2021	10	227	57.80	5.55	$1,837
Jan 2021	10	238	50.41	2.81	$1,173
Dec 2020	10	236	44.64	2.68	$1,078
Nov 2020	11	237	38.77	2.71	$1,068
Oct 2020	10	257	36.97	2.48	$1,007
Sep 2020	9	241	37.09	1.99	$814
Aug 2020	11	249	39.98	2.39	$1,034
Jul 2020	11	241	38.37	1.83	$862
Jun 2020	9	228	34.90	1.69	$699
May 2020	13	236	16.92	1.81	$648
Apr 2020	13	211	14.75	1.80	$572
Mar 2020	6	228	30.34	1.86	$605
Feb 2020	8	223	49.88	1.98	$841
Jan 2020	16	217	57.25	2.09	$1,371
Dec 2019	13	231	59.01	2.30	$1,299
Nov 2019	10	184	55.30	2.75	$1,059
Oct 2019	13	238	53.47	2.42	$1,271
Sep 2019	13	372	55.05	2.66	$1,704
Aug 2019	16	396	53.11	2.30	$1,762
Jul 2019	11	414	56.27	2.46	$1,637
Jun 2019	13	400	52.78	2.49	$1,683
May 2019	11	419	58.48	2.74	$1,791
Apr 2019	10	275	62.63	2.75	$1,383
Mar 2019	11	415	56.80	3.06	$1,896
Feb 2019	12	395	50.85	2.79	$1,713
Jan 2019	11	440	46.03	3.23	$1,927
Dec 2018	5	426	46.59	4.19	$2,016
Nov 2018	6	420	52.93	4.24	$2,097
Oct 2018	7	474	61.44	3.40	$2,041
Sep 2018	5	468	59.54	3.11	$1,752
Aug 2018	7	494	59.40	3.07	$1,931
Jul 2018	7	373	65.14	2.93	$1,550
Jun 2018	6	232	60.18	3.08	$1,075
May 2018	9	270	65.38	2.90	$1,372
Apr 2018	7	507	63.84	2.90	$1,918
Mar 2018	7	586	61.22	2.79	$2,062
Feb 2018	7	401	61.78	2.77	$1,542
Jan 2018	7	450	62.87	4.01	$2,244
Dec 2017	6	278	57.27	2.92	$1,156
Nov 2017	9	229	55.42	3.12	$1,213
Oct 2017	7	193	49.29	2.98	$921
Sep 2017	6	122	47.52	3.09	$662
Aug 2017	9	317	45.37	3.00	$1,361
Jul 2017	8	460	43.87	3.09	$1,771
Jun 2017	6	425	42.49	3.09	$1,567
May 2017	7	374	45.37	3.26	$1,538
Apr 2017	8	482	47.93	3.21	$1,931
Mar 2017	7	410	46.77	2.98	$1,551
Feb 2017	7	420	50.45	2.95	$1,593
Jan 2017	9	367	49.41	3.42	$1,699
Dec 2016	6	284	48.76	3.72	$1,350
Nov 2016	7	460	42.49	2.64	$1,514
Oct 2016	9	507	46.19	3.09	$1,982
Sep 2016	7	494	41.55	3.10	$1,823
Aug 2016	8	515	41.44	2.92	$1,838
Jul 2016	7	546	41.62	2.92	$1,888
Jun 2016	4	175	45.35	2.69	$651
May 2016	9	520	42.52	1.99	$1,418
Apr 2016	8	487	36.56	1.99	$1,262
Mar 2016	8	522	33.01	1.79	$1,201
Feb 2016	5	469	26.47	2.06	$1,100
Jan 2016	5	493	27.35	2.36	$1,302
Dec 2015	6	459	32.36	2.00	$1,113
Nov 2015	8	544	38.79	2.17	$1,489
Oct 2015	11	430	43.55	2.43	$1,522
Sep 2015	12	358	42.99	2.76	$1,503
Aug 2015	14	483	40.16	2.87	$1,950
Jul 2015	14	475	48.15	2.95	$2,073
Jun 2015	8	335	56.15	2.88	$1,415
May 2015	4	348	55.21	2.96	$1,249
Apr 2015	7	441	49.82	2.71	$1,542
Mar 2015	13	452	42.89	2.93	$1,884
Feb 2015	11	424	44.66	2.98	$1,753
Jan 2015	15	453	43.43	3.10	$2,056
Dec 2014	11	462	54.69	3.59	$2,261
Nov 2014	15	416	70.46	4.25	$2,826
Oct 2014	15	476	78.30	3.90	$3,031
Sep 2014	13	462	86.16	4.05	$2,989
Aug 2014	14	483	89.39	4.04	$3,200
Jul 2014	10	454	96.56	4.18	$2,863
Jun 2014	11	405	98.16	4.74	$2,998
May 2014	12	529	94.73	4.73	$3,637
Apr 2014	10	511	95.94	4.81	$3,417
Mar 2014	10	527	95.89	5.06	$3,624
Feb 2014	6	501	97.40	6.19	$3,687
Jan 2014	0	495	90.40	4.86	$2,406
Dec 2013	2	455	91.82	4.35	$2,165
Nov 2013	7	474	88.85	3.74	$2,394
Oct 2013	8	499	97.42	3.78	$2,665
Sep 2013	14	488	104.11	3.72	$3,272
Aug 2013	15	510	104.25	3.52	$3,360
Jul 2013	18	512	102.52	3.72	$3,749
Jun 2013	15	491	94.40	3.93	$3,347
May 2013	15	493	94.83	4.15	$3,468
Apr 2013	10	451	93.96	4.28	$2,871
Mar 2013	6	474	93.62	3.91	$2,416
Feb 2013	6	379	91.23	3.42	$1,844
Jan 2013	12	457	91.60	3.42	$2,662
Dec 2012	17	470	86.77	3.42	$3,083
Nov 2012	15	532	86.95	3.62	$3,233
Oct 2012	16	575	89.38	3.40	$3,385
Sep 2012	15	560	94.67	2.92	$3,054
Aug 2012	16	576	92.66	2.91	$3,158
Jul 2012	18	581	85.13	3.02	$3,287
Jun 2012	18	612	79.82	2.52	$2,978
May 2012	19	640	91.61	2.49	$3,333
Apr 2012	16	618	101.65	2.00	$2,860
Mar 2012	15	633	105.05	2.22	$2,982
Feb 2012	15	578	101.10	2.57	$3,002
Jan 2012	15	625	98.09	2.73	$3,180
Dec 2011	15	611	96.87	3.24	$3,433
Nov 2011	16	601	95.72	3.31	$3,522
Oct 2011	18	641	84.98	3.65	$3,868
Sep 2011	14	578	83.62	3.99	$3,474
Aug 2011	13	632	83.40	4.15	$3,707
Jul 2011	13	633	94.14	4.52	$4,083
Jun 2011	12	563	92.90	4.64	$3,727
May 2011	15	648	98.13	4.40	$4,326
Apr 2011	14	589	105.96	4.33	$4,036
Mar 2011	12	626	96.36	4.06	$3,696
Feb 2011	9	564	85.64	4.18	$3,128
Jan 2011	10	644	86.50	4.59	$3,820
Dec 2010	9	578	85.73	4.35	$3,285
Nov 2010	9	610	80.84	3.80	$3,043
Oct 2010	9	642	78.10	3.51	$2,956
Sep 2010	10	631	72.63	3.98	$3,237
Aug 2010	11	653	73.68	4.42	$3,696
Jul 2010	10	651	72.55	4.74	$3,809
Jun 2010	10	606	70.36	4.91	$3,679
May 2010	11	656	71.12	4.24	$3,561
Apr 2010	11	648	81.69	4.12	$3,570
Mar 2010	12	697	78.39	4.39	$4,000
Feb 2010	10	640	73.58	5.44	$4,219
Jan 2010	10	708	74.36	5.96	$4,966
Dec 2009	12	709	71.44	5.48	$4,745
Nov 2009	10	666	74.59	3.75	$3,244
Oct 2009	9	670	72.54	4.11	$3,407
Sep 2009	9	681	65.54	3.06	$2,677
Aug 2009	9	694	67.42	3.22	$2,840
Jul 2009	9	721	61.13	3.46	$3,048
Jun 2009	10	674	66.16	3.90	$3,287
May 2009	12	735	54.74	3.93	$3,542
Apr 2009	10	711	46.77	3.59	$3,018
Mar 2009	9	796	42.14	4.06	$3,610
Feb 2009	7	744	32.81	4.63	$3,677
Jan 2009	6	749	35.86	5.37	$4,238
Dec 2008	6	767	37.10	5.98	$4,807
Nov 2008	6	876	55.49	6.86	$6,343
Oct 2008	8	945	75.24	6.92	$7,143
Sep 2008	5	537	101.76	7.88	$4,739
Aug 2008	8	866	114.22	8.48	$8,260
Jul 2008	10	837	131.08	11.39	$10,844
Jun 2008	6	746	131.33	13.03	$10,510
May 2008	6	859	123.17	11.57	$10,681
Apr 2008	8	864	110.31	10.45	$9,915
Mar 2008	8	879	101.90	9.66	$9,310
Feb 2008	7	817	92.53	8.77	$7,813
Jan 2008	6	867	90.38	8.21	$7,657
Dec 2007	5	887	88.33	7.30	$6,919
Nov 2007	6	864	91.67	7.29	$6,850
Oct 2007	7	750	82.85	6.92	$5,771
Sep 2007	9	778	75.84	6.24	$5,541
Aug 2007	17	810	69.06	6.39	$6,348
Jul 2007	17	854	70.90	6.39	$6,661
Jun 2007	16	876	62.00	7.55	$7,604
May 2007	22	946	58.74	7.85	$8,715
Apr 2007	20	937	59.61	7.81	$8,506
Mar 2007	22	897	56.92	7.30	$7,802
Feb 2007	40	42	55.10	8.22	$2,549
Jan 2007	45	990	50.30	6.73	$8,923
Dec 2006	30	1,004	56.65	6.92	$8,646
Nov 2006	20	983	54.20	7.62	$8,572
Oct 2006	20	1,090	54.90	6.01	$7,653
Sep 2006	23	1,103	60.08	5.04	$6,938
Aug 2006	30	1,158	68.71	7.34	$10,561
Jul 2006	29	1,176	69.37	6.34	$9,471
Jun 2006	12	1,075	66.28	6.38	$7,658
May 2006	11	1,140	66.01	6.42	$8,051
Apr 2006	14	1,224	64.39	7.36	$9,911
Mar 2006	14	1,294	56.70	7.08	$9,959
Feb 2006	14	17	57.59	7.75	$938
Jan 2006	13	1,384	60.59	8.93	$13,151
Dec 2005	17	1,116	54.94	13.42	$15,906
Nov 2005	19	1,116	54.69	10.59	$12,856
Oct 2005	16	1,158	58.34	13.80	$16,909
Sep 2005	15	1,128	61.45	12.08	$14,547
Aug 2005	18	1,193	61.51	9.80	$12,795
Jul 2005	20	1,167	55.69	7.84	$10,267
Jun 2005	20	1,046	52.33	7.38	$8,767
May 2005	28	31	45.22	6.65	$1,472
Apr 2005	27	1,238	49.20	7.36	$10,441
Mar 2005	19	1,237	50.37	7.15	$9,808
Feb 2005	25	1,115	45.22	6.31	$8,168
Jan 2005	29	1,330	43.16	6.32	$9,660
Dec 2004	24	1,251	39.86	6.75	$9,402
Nov 2004	19	1,280	45.28	6.33	$8,963
Oct 2004	14	1,285	49.70	6.52	$9,068
Sep 2004	13	1,063	43.24	5.28	$6,179
Aug 2004	15	882	42.37	5.55	$5,531
Jul 2004	14	807	38.28	6.08	$5,446
Jun 2004	15	921	36.10	6.43	$6,466
May 2004	18	1,143	37.48	6.49	$8,098
Apr 2004	24	1,075	34.47	5.86	$7,125
Mar 2004	25	1,085	34.36	5.53	$6,859
Feb 2004	25	1,098	32.45	5.51	$6,861
Jan 2004	23	1,267	32.03	6.30	$8,718
Dec 2003	23	1,301	30.26	6.30	$8,894
Nov 2003	24	1,161	28.80	4.60	$6,026
Oct 2003	25	1,371	28.17	4.76	$7,230
Sep 2003	27	1,383	26.31	4.75	$7,279
Aug 2003	23	1,114	29.76	5.13	$6,399
Jul 2003	20	1,337	29.41	5.17	$7,502
Jun 2003	21	1,327	28.56	5.98	$8,539
May 2003	23	1,387	26.59	5.97	$8,896
Apr 2003	22	1,416	26.67	5.41	$8,243
Mar 2003	16	1,461	31.14	6.10	$9,405
Feb 2003	42	1,304	33.48	7.93	$11,742
Jan 2003	53	1,501	30.31	5.58	$9,985
Dec 2002	58	1,507	26.91	4.85	$8,875
Nov 2002	45	1,434	24.66	4.14	$7,042
Oct 2002	44	1,498	26.46	4.23	$7,499
Sep 2002	35	1,397	27.44	3.64	$6,039
Aug 2002	36	1,525	25.96	3.16	$5,760
Jul 2002	39	1,604	24.58	3.06	$5,870
Jun 2002	40	1,597	23.73	3.34	$6,280
May 2002	54	1,742	24.66	3.58	$7,575
Apr 2002	46	1,786	23.65	3.51	$7,361
Mar 2002	47	1,857	22.00	3.10	$6,796
Feb 2002	48	1,690	18.22	2.38	$4,889
Jan 2002	45	1,954	17.17	2.38	$5,415
Dec 2001	50	2,138	16.93	2.36	$5,902
Nov 2001	46	2,178	18.07	2.41	$6,070
Oct 2001	43	2,219	19.78	2.53	$6,462
Sep 2001	31	2,182	24.26	2.25	$5,664
Aug 2001	37	2,290	24.87	3.05	$7,912
Jul 2001	42	2,397	23.93	3.20	$8,668
Jun 2001	47	2,469	24.56	3.82	$10,596
May 2001	62	2,657	25.52	4.31	$13,027
Apr 2001	77	2,654	24.68	5.34	$16,060
Mar 2001	77	2,889	24.54	5.38	$17,422
Feb 2001	34	2,570	27.75	5.77	$15,765
Jan 2001	3	2,136	27.47	8.40	$18,022
Dec 2000	2	1,618	26.88	9.12	$14,814
Nov 2000	0	1,217	32.21	5.66	$6,886
Oct 2000	0	1,416	31.23	5.15	$7,286
Sep 2000	0	1,436	31.87	5.19	$7,448
Aug 2000	0	1,539	29.64	4.54	$6,988
Jul 2000	0	1,558	28.53	4.09	$6,372
Jun 2000	5	1,503	29.30	4.40	$6,756
May 2000	18	1,769	27.26	3.68	$7,000
Apr 2000	19	2,097	24.51	3.12	$7,000
Mar 2000	5	2,229	28.42	2.86	$6,516
Feb 2000	4	2,040	27.62	2.73	$5,673
Jan 2000	15	2,355	25.27	2.48	$6,221
Dec 1999	14	2,513	24.28	2.42	$6,431
Nov 1999	18	2,395	23.19	2.43	$6,247
Oct 1999	5	2,997	20.98	2.80	$8,508
Sep 1999	7	3,022	21.75	2.62	$8,066
Aug 1999	6	3,197	19.26	2.88	$9,309
Jul 1999	7	3,232	17.89	2.37	$7,793
Jun 1999	17	3,202	15.94	2.36	$7,834
May 1999	30	3,411	15.79	2.32	$8,391
Apr 1999	54	3,887	15.10	2.21	$9,398
Mar 1999	80	4,453	12.47	1.84	$9,184
Feb 1999	58	3,866	9.98	1.82	$7,606
Jan 1999	119	5,086	10.38	1.90	$10,898
Dec 1998	133	4,908	9.20	1.77	$9,927
Nov 1998	61	4,415	10.89	2.19	$10,314
Oct 1998	84	5,350	12.42	1.97	$11,579
Sep 1998	50	4,753	12.59	2.08	$10,528
Aug 1998	55	5,306	11.30	1.91	$10,742
Jul 1998	63	6,109	11.74	2.24	$14,407
Jun 1998	67	6,008	11.24	2.24	$14,195
May 1998	64	5,662	12.62	2.21	$13,300
Apr 1998	88	6,601	13.04	2.51	$17,685
Mar 1998	101	7,857	12.80	2.31	$19,438
Feb 1998	85	8,104	13.95	2.30	$19,818
Jan 1998	187	9,588	14.70	2.15	$23,409
Dec 1997	185	11,783	16.32	2.41	$31,429
Nov 1997	245	14,551	18.19	3.09	$49,394
Oct 1997	237	18,882	19.25	3.15	$64,037
Sep 1997	104	24,097	17.74	2.95	$73,049
Aug 1997	0	9,092	17.86	2.55	$23,228

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             3 bbl  × $106.41 =       $319
Gas                  248 Mcf  × $  3.05 =       $755

────────────────────────────────────────────────────
Month total                                   $1,075

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/164541 is the state's own key, not one this site invented.