O.B.T.C.

Name: O.B.T.C. lease production and value, Mar 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 165960District 7CField 679980752 tax incentive programmesCondensateGasSave Export

Value, all time

$1.9 M

Mar 1997 – May 2026

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

351

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	1998-02-17	136763
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	3 bbl	$275
Gas	Production	508,226 Mcf	$1,911,804
Total			$1,912,078

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 30.6495, -101.1968. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.64948, -101.19679 · 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

8,603 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 8,603 ft.

Completions filed

Mar 1997

1 of 1 wells

1 well


42-10537101	6	8,603 ft	Mar 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 (351)

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

351 months


May 2026	0	305	106.41	3.05	$929
Apr 2026	0	280	98.93	2.87	$804
Mar 2026	0	0	89.75	3.15	$0
Feb 2026	0	252	63.50	3.75	$945
Jan 2026	0	290	59.13	8.00	$2,319
Dec 2025	0	284	56.66	4.41	$1,253
Nov 2025	0	173	58.59	3.93	$679
Oct 2025	0	101	59.38	3.30	$334
Sep 2025	0	107	62.74	3.08	$329
Aug 2025	0	219	63.93	3.01	$660
Jul 2025	0	319	66.74	3.32	$1,058
Jun 2025	0	378	66.48	3.13	$1,183
May 2025	0	402	60.55	3.23	$1,299
Apr 2025	0	356	62.36	3.54	$1,261
Mar 2025	0	391	67.70	4.27	$1,669
Feb 2025	0	356	70.88	4.34	$1,545
Jan 2025	0	405	74.32	4.28	$1,733
Dec 2024	0	409	68.99	3.12	$1,277
Nov 2024	0	407	69.05	2.20	$895
Oct 2024	1	430	71.37	2.28	$1,052
Sep 2024	0	401	69.61	2.36	$948
Aug 2024	0	443	75.63	2.06	$914
Jul 2024	0	442	79.93	2.15	$949
Jun 2024	0	400	78.08	2.63	$1,054
May 2024	0	432	78.81	2.20	$950
Apr 2024	0	428	84.45	1.66	$710
Mar 2024	0	441	80.30	1.55	$681
Feb 2024	0	387	76.09	1.78	$690
Jan 2024	0	395	73.02	3.30	$1,303
Dec 2023	0	438	71.26	2.61	$1,144
Nov 2023	0	421	77.89	2.81	$1,182
Oct 2023	0	355	85.44	3.09	$1,096
Sep 2023	0	429	89.04	2.74	$1,173
Aug 2023	0	446	80.52	2.67	$1,192
Jul 2023	0	437	74.85	2.64	$1,154
Jun 2023	0	426	68.96	2.26	$962
May 2023	0	441	70.62	2.23	$982
Apr 2023	0	437	78.12	2.24	$978
Mar 2023	0	480	72.85	2.39	$1,149
Feb 2023	0	398	75.11	2.47	$981
Jan 2023	0	524	76.53	3.39	$1,775
Dec 2022	0	510	76.41	5.73	$2,922
Nov 2022	0	481	85.00	5.65	$2,716
Oct 2022	0	524	87.18	5.86	$3,073
Sep 2022	0	517	84.88	8.16	$4,221
Aug 2022	0	407	94.52	9.13	$3,715
Jul 2022	2	453	101.58	7.54	$3,620
Jun 2022	0	443	115.09	7.98	$3,534
May 2022	0	479	109.37	8.43	$4,039
Apr 2022	0	462	104.22	6.84	$3,159
Mar 2022	0	467	108.88	5.08	$2,371
Feb 2022	0	448	91.05	4.86	$2,177
Jan 2022	0	517	81.84	4.54	$2,346
Dec 2021	0	523	71.32	3.90	$2,039
Nov 2021	0	525	77.43	5.24	$2,749
Oct 2021	0	518	79.79	5.71	$2,960
Sep 2021	0	523	69.86	5.35	$2,799
Aug 2021	0	531	66.02	4.22	$2,241
Jul 2021	0	547	70.78	3.98	$2,178
Jun 2021	0	550	69.49	3.38	$1,859
May 2021	0	475	63.48	3.02	$1,433
Apr 2021	0	511	60.36	2.76	$1,410
Mar 2021	0	531	61.30	2.72	$1,443
Feb 2021	0	397	57.80	5.55	$2,203
Jan 2021	0	521	50.41	2.81	$1,464
Dec 2020	0	541	44.64	2.68	$1,447
Nov 2020	0	498	38.77	2.71	$1,348
Oct 2020	0	547	36.97	2.48	$1,356
Sep 2020	0	534	37.09	1.99	$1,063
Aug 2020	0	559	39.98	2.39	$1,333
Jul 2020	0	532	38.37	1.83	$971
Jun 2020	0	517	34.90	1.69	$874
May 2020	0	596	16.92	1.81	$1,082
Apr 2020	0	628	14.75	1.80	$1,133
Mar 2020	0	603	30.34	1.86	$1,119
Feb 2020	0	566	49.88	1.98	$1,121
Jan 2020	0	653	57.25	2.09	$1,368
Dec 2019	0	657	59.01	2.30	$1,514
Nov 2019	0	670	55.30	2.75	$1,843
Oct 2019	0	684	53.47	2.42	$1,654
Sep 2019	0	639	55.05	2.66	$1,698
Aug 2019	0	603	53.11	2.30	$1,390
Jul 2019	0	629	56.27	2.46	$1,547
Jun 2019	0	652	52.78	2.49	$1,624
May 2019	0	885	58.48	2.74	$2,425
Apr 2019	0	73	62.63	2.75	$201
Mar 2019	0	613	56.80	3.06	$1,877
Feb 2019	0	734	50.85	2.79	$2,049
Jan 2019	0	941	46.03	3.23	$3,038
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	629	52.93	4.24	$2,665
Oct 2018	0	676	61.44	3.40	$2,297
Sep 2018	0	736	59.54	3.11	$2,287
Aug 2018	0	594	59.40	3.07	$1,822
Jul 2018	0	611	65.14	2.93	$1,791
Jun 2018	0	604	60.18	3.08	$1,858
May 2018	0	648	65.38	2.90	$1,880
Apr 2018	0	729	63.84	2.90	$2,115
Mar 2018	0	781	61.22	2.79	$2,177
Feb 2018	0	664	61.78	2.77	$1,837
Jan 2018	0	712	62.87	4.01	$2,855
Dec 2017	0	711	57.27	2.92	$2,077
Nov 2017	0	847	55.42	3.12	$2,641
Oct 2017	0	833	49.29	2.98	$2,485
Sep 2017	0	867	47.52	3.09	$2,677
Aug 2017	0	886	45.37	3.00	$2,662
Jul 2017	0	1,021	43.87	3.09	$3,152
Jun 2017	0	1,047	42.49	3.09	$3,232
May 2017	0	938	45.37	3.26	$3,061
Apr 2017	0	702	47.93	3.21	$2,255
Mar 2017	0	753	46.77	2.98	$2,247
Feb 2017	0	540	50.45	2.95	$1,594
Jan 2017	0	725	49.41	3.42	$2,479
Dec 2016	0	845	48.76	3.72	$3,146
Nov 2016	0	666	42.49	2.64	$1,761
Oct 2016	0	869	46.19	3.09	$2,685
Sep 2016	0	842	41.55	3.10	$2,611
Aug 2016	0	907	41.44	2.92	$2,652
Jul 2016	0	860	41.62	2.92	$2,515
Jun 2016	0	812	45.35	2.69	$2,181
May 2016	0	698	42.52	1.99	$1,390
Apr 2016	0	521	36.56	1.99	$1,037
Mar 2016	0	830	33.01	1.79	$1,489
Feb 2016	0	675	26.47	2.06	$1,393
Jan 2016	0	817	27.35	2.36	$1,932
Dec 2015	0	869	32.36	2.00	$1,739
Nov 2015	0	954	38.79	2.17	$2,068
Oct 2015	0	1,010	43.55	2.43	$2,451
Sep 2015	0	971	42.99	2.76	$2,678
Aug 2015	0	1,047	40.16	2.87	$3,008
Jul 2015	0	1,073	48.15	2.95	$3,160
Jun 2015	0	1,305	56.15	2.88	$3,762
May 2015	0	569	55.21	2.96	$1,682
Apr 2015	0	780	49.82	2.71	$2,111
Mar 2015	0	1,199	42.89	2.93	$3,519
Feb 2015	0	1,152	44.66	2.98	$3,429
Jan 2015	0	763	43.43	3.10	$2,366
Dec 2014	0	731	54.69	3.59	$2,625
Nov 2014	0	455	70.46	4.25	$1,935
Oct 2014	0	842	78.30	3.90	$3,285
Sep 2014	0	951	86.16	4.05	$3,847
Aug 2014	0	974	89.39	4.04	$3,930
Jul 2014	0	920	96.56	4.18	$3,845
Jun 2014	0	701	98.16	4.74	$3,321
May 2014	0	726	94.73	4.73	$3,431
Apr 2014	0	701	95.94	4.81	$3,371
Mar 2014	0	682	95.89	5.06	$3,449
Feb 2014	0	657	97.40	6.19	$4,068
Jan 2014	0	765	90.40	4.86	$3,718
Dec 2013	0	730	91.82	4.35	$3,179
Nov 2013	0	749	88.85	3.74	$2,800
Oct 2013	0	799	97.42	3.78	$3,020
Sep 2013	0	780	104.11	3.72	$2,900
Aug 2013	0	791	104.25	3.52	$2,786
Jul 2013	0	807	102.52	3.72	$3,000
Jun 2013	0	800	94.40	3.93	$3,147
May 2013	0	706	94.83	4.15	$2,929
Apr 2013	0	652	93.96	4.28	$2,792
Mar 2013	0	606	93.62	3.91	$2,371
Feb 2013	0	765	91.23	3.42	$2,616
Jan 2013	0	703	91.60	3.42	$2,404
Dec 2012	0	656	86.77	3.42	$2,244
Nov 2012	0	488	86.95	3.62	$1,769
Oct 2012	0	509	89.38	3.40	$1,730
Sep 2012	0	524	94.67	2.92	$1,529
Aug 2012	0	704	92.66	2.91	$2,047
Jul 2012	0	683	85.13	3.02	$2,063
Jun 2012	0	617	79.82	2.52	$1,554
May 2012	0	677	91.61	2.49	$1,685
Apr 2012	0	818	101.65	2.00	$1,633
Mar 2012	0	607	105.05	2.22	$1,349
Feb 2012	0	771	101.10	2.57	$1,982
Jan 2012	0	942	98.09	2.73	$2,576
Dec 2011	0	1,028	96.87	3.24	$3,330
Nov 2011	0	987	95.72	3.31	$3,268
Oct 2011	0	1,088	84.98	3.65	$3,970
Sep 2011	0	1,145	83.62	3.99	$4,564
Aug 2011	0	1,066	83.40	4.15	$4,423
Jul 2011	0	1,068	94.14	4.52	$4,824
Jun 2011	0	1,308	92.90	4.64	$6,069
May 2011	0	1,464	98.13	4.40	$6,449
Apr 2011	0	818	105.96	4.33	$3,545
Mar 2011	0	1,307	96.36	4.06	$5,303
Feb 2011	0	1,101	85.64	4.18	$4,602
Jan 2011	0	1,220	86.50	4.59	$5,598
Dec 2010	0	1,267	85.73	4.35	$5,509
Nov 2010	0	1,198	80.84	3.80	$4,547
Oct 2010	0	1,228	78.10	3.51	$4,309
Sep 2010	0	1,113	72.63	3.98	$4,429
Aug 2010	0	1,512	73.68	4.42	$6,682
Jul 2010	0	1,510	72.55	4.74	$7,152
Jun 2010	0	1,213	70.36	4.91	$5,956
May 2010	0	1,256	71.12	4.24	$5,319
Apr 2010	0	591	81.69	4.12	$2,437
Mar 2010	0	531	78.39	4.39	$2,330
Feb 2010	0	1,007	73.58	5.44	$5,480
Jan 2010	0	1,508	74.36	5.96	$8,994
Dec 2009	0	1,643	71.44	5.48	$9,010
Nov 2009	0	1,664	74.59	3.75	$6,243
Oct 2009	0	1,602	72.54	4.11	$6,585
Sep 2009	0	1,637	65.54	3.06	$5,017
Aug 2009	0	1,810	67.42	3.22	$5,825
Jul 2009	0	1,963	61.13	3.46	$6,801
Jun 2009	0	2,004	66.16	3.90	$7,806
May 2009	0	2,090	54.74	3.93	$8,205
Apr 2009	0	2,015	46.77	3.59	$7,229
Mar 2009	0	2,303	42.14	4.06	$9,348
Feb 2009	0	2,081	32.81	4.63	$9,641
Jan 2009	0	2,249	35.86	5.37	$12,079
Dec 2008	0	2,333	37.10	5.98	$13,945
Nov 2008	0	2,402	55.49	6.86	$16,479
Oct 2008	0	2,688	75.24	6.92	$18,606
Sep 2008	0	756	101.76	7.88	$5,955
Aug 2008	0	517	114.22	8.48	$4,386
Jul 2008	0	441	131.08	11.39	$5,023
Jun 2008	0	458	131.33	13.03	$5,969
May 2008	0	414	123.17	11.57	$4,792
Apr 2008	0	429	110.31	10.45	$4,485
Mar 2008	0	433	101.90	9.66	$4,185
Feb 2008	0	437	92.53	8.77	$3,833
Jan 2008	0	442	90.38	8.21	$3,627
Dec 2007	0	336	88.33	7.30	$2,453
Nov 2007	0	373	91.67	7.29	$2,720
Oct 2007	0	433	82.85	6.92	$2,997
Sep 2007	0	456	75.84	6.24	$2,847
Aug 2007	0	358	69.06	6.39	$2,287
Jul 2007	0	504	70.90	6.39	$3,220
Jun 2007	0	499	62.00	7.55	$3,767
May 2007	0	502	58.74	7.85	$3,939
Apr 2007	0	670	59.61	7.81	$5,229
Mar 2007	0	421	56.92	7.30	$3,074
Feb 2007	0	530	55.10	8.22	$4,354
Jan 2007	0	575	50.30	6.73	$3,868
Dec 2006	0	571	56.65	6.92	$3,950
Nov 2006	0	501	54.20	7.62	$3,816
Oct 2006	0	546	54.90	6.01	$3,284
Sep 2006	0	586	60.08	5.04	$2,952
Aug 2006	0	480	68.71	7.34	$3,523
Jul 2006	0	557	69.37	6.34	$3,533
Jun 2006	0	595	66.28	6.38	$3,798
May 2006	0	663	66.01	6.42	$4,260
Apr 2006	0	603	64.39	7.36	$4,438
Mar 2006	0	701	56.70	7.08	$4,965
Feb 2006	0	420	57.59	7.75	$3,255
Jan 2006	0	534	60.59	8.93	$4,770
Dec 2005	0	623	54.94	13.42	$8,358
Nov 2005	0	676	54.69	10.59	$7,158
Oct 2005	0	787	58.34	13.80	$10,857
Sep 2005	0	902	61.45	12.08	$10,895
Aug 2005	0	904	61.51	9.80	$8,856
Jul 2005	0	767	55.69	7.84	$6,016
Jun 2005	0	730	52.33	7.38	$5,388
May 2005	0	766	45.22	6.65	$5,095
Apr 2005	0	896	49.20	7.36	$6,595
Mar 2005	0	925	50.37	7.15	$6,618
Feb 2005	0	956	45.22	6.31	$6,034
Jan 2005	0	1,287	43.16	6.32	$8,137
Dec 2004	0	1,067	39.86	6.75	$7,203
Nov 2004	0	1,387	45.28	6.33	$8,780
Oct 2004	0	1,798	49.70	6.52	$11,714
Sep 2004	0	1,958	43.24	5.28	$10,346
Aug 2004	0	1,900	42.37	5.55	$10,546
Jul 2004	0	2,211	38.28	6.08	$13,452
Jun 2004	0	5,014	36.10	6.43	$32,255
May 2004	0	2,592	37.48	6.49	$16,834
Apr 2004	0	2,535	34.47	5.86	$14,851
Mar 2004	0	2,858	34.36	5.53	$15,805
Feb 2004	0	2,864	32.45	5.51	$15,780
Jan 2004	0	2,786	32.03	6.30	$17,551
Dec 2003	0	3,160	30.26	6.30	$19,913
Nov 2003	0	3,344	28.80	4.60	$15,366
Oct 2003	0	3,104	28.17	4.76	$14,774
Sep 2003	0	4,123	26.31	4.75	$19,582
Aug 2003	0	4,765	29.76	5.13	$24,443
Jul 2003	0	3,617	29.41	5.17	$18,703
Jun 2003	0	1,267	28.56	5.98	$7,580
May 2003	0	2,196	26.59	5.97	$13,116
Apr 2003	0	2,429	26.67	5.41	$13,134
Mar 2003	0	916	31.14	6.10	$5,584
Feb 2003	0	815	33.48	7.93	$6,460
Jan 2003	0	1,035	30.31	5.58	$5,777
Dec 2002	0	1,064	26.91	4.85	$5,164
Nov 2002	0	1,393	24.66	4.14	$5,763
Oct 2002	0	1,062	26.46	4.23	$4,491
Sep 2002	0	1,164	27.44	3.64	$4,231
Aug 2002	0	1,130	25.96	3.16	$3,576
Jul 2002	0	1,238	24.58	3.06	$3,790
Jun 2002	0	1,082	23.73	3.34	$3,612
May 2002	0	1,131	24.66	3.58	$4,054
Apr 2002	0	1,228	23.65	3.51	$4,313
Mar 2002	0	1,294	22.00	3.10	$4,015
Feb 2002	0	1,195	18.22	2.38	$2,839
Jan 2002	0	1,308	17.17	2.38	$3,107
Dec 2001	0	1,335	16.93	2.36	$3,156
Nov 2001	0	1,386	18.07	2.41	$3,334
Oct 2001	0	1,455	19.78	2.53	$3,680
Sep 2001	0	1,598	24.26	2.25	$3,598
Aug 2001	0	1,637	24.87	3.05	$4,998
Jul 2001	0	1,779	23.93	3.20	$5,688
Jun 2001	0	1,972	24.56	3.82	$7,541
May 2001	0	1,903	25.52	4.31	$8,197
Apr 2001	0	2,046	24.68	5.34	$10,916
Mar 2001	0	2,662	24.54	5.38	$14,312
Feb 2001	0	2,543	27.75	5.77	$14,666
Jan 2001	0	2,730	27.47	8.40	$22,929
Dec 2000	0	3,350	26.88	9.12	$30,560
Nov 2000	0	2,803	32.21	5.66	$15,859
Oct 2000	0	3,916	31.23	5.15	$20,150
Sep 2000	0	4,723	31.87	5.19	$24,496
Aug 2000	0	2,819	29.64	4.54	$12,800
Jul 2000	0	2,735	28.53	4.09	$11,185
Jun 2000	0	3,222	29.30	4.40	$14,168
May 2000	0	3,757	27.26	3.68	$13,825
Apr 2000	0	3,923	24.51	3.12	$12,224
Mar 2000	0	3,472	28.42	2.86	$9,929
Feb 2000	0	3,523	27.62	2.73	$9,605
Jan 2000	0	3,809	25.27	2.48	$9,448
Dec 1999	0	3,757	24.28	2.42	$9,106
Nov 1999	0	3,877	23.19	2.43	$9,437
Oct 1999	0	4,245	20.98	2.80	$11,902
Sep 1999	0	4,666	21.75	2.62	$12,220
Aug 1999	0	4,779	19.26	2.88	$13,742
Jul 1999	0	4,715	17.89	2.37	$11,186
Jun 1999	0	4,890	15.94	2.36	$11,551
May 1999	0	5,102	15.79	2.32	$11,842
Apr 1999	0	5,048	15.10	2.21	$11,146
Mar 1999	0	5,060	12.47	1.84	$9,302
Feb 1999	0	4,910	9.98	1.82	$8,925
Jan 1999	0	5,856	10.38	1.90	$11,126
Dec 1998	0	6,274	9.20	1.77	$11,126
Nov 1998	0	6,560	10.89	2.19	$14,338
Oct 1998	0	7,008	12.42	1.97	$13,800
Sep 1998	0	7,352	12.59	2.08	$15,311
Aug 1998	0	7,518	11.30	1.91	$14,339
Jul 1998	0	7,197	11.74	2.24	$16,102
Jun 1998	0	7,254	11.24	2.24	$16,229
May 1998	0	8,110	12.62	2.21	$17,893
Apr 1998	0	8,538	13.04	2.51	$21,391
Mar 1998	0	8,427	12.80	2.31	$19,462
Feb 1998	0	7,838	13.95	2.30	$18,021
Jan 1998	0	7,980	14.70	2.15	$17,195
Dec 1997	0	11,409	16.32	2.41	$27,508
Nov 1997	0	7,708	18.19	3.09	$23,804
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	12,486	17.58	2.25	$28,055
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$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                  305 Mcf  × $  3.05 =       $929

────────────────────────────────────────────────────
Month total                                     $929

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/165960 is the state's own key, not one this site invented.