PERNER RANCH

Name: PERNER RANCH lease production and value, Jan 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EXTEX OPERATING COMPANY (P-5 257062) in the UNIVERSITY 31 (STRAWN-DETRITAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 167674District 7CField 926266002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.2 M

Jan 1998 – May 2026

Value, last 12 filed months

$40 k

at the published price for each month

Months reported

341

no gaps in the span

Streams

condensate, gas

The UNIVERSITY 31 (STRAWN-DETRITAL) 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 192 leases and 192 wells, and the rule below applies to all of them.

Discovered

1980-07-03

as the register files it

Field class

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 1994-10-24.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 11/01/96.”

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	2002-03-12	146619
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	16 bbl	$285
Gas	Production	763,804 Mcf	$3,185,269
Total			$3,185,555

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 30.6053, -101.5187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.60526, -101.51867 · 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

10,837 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 10,837 ft.

Completions filed

Jan 1998

1 of 1 wells

1 well


42-10537912	4301H	10,837 ft	Jan 1998	—	—

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 (341)

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

341 months


May 2026	0	7	106.41	3.05	$21
Apr 2026	0	18	98.93	2.87	$52
Mar 2026	0	53	89.75	3.15	$167
Feb 2026	0	1,103	63.50	3.75	$4,137
Jan 2026	0	1,337	59.13	8.00	$10,693
Dec 2025	0	1,349	56.66	4.41	$5,954
Nov 2025	0	649	58.59	3.93	$2,548
Oct 2025	0	85	59.38	3.30	$281
Sep 2025	0	1,166	62.74	3.08	$3,588
Aug 2025	0	1,278	63.93	3.01	$3,853
Jul 2025	0	1,308	66.74	3.32	$4,336
Jun 2025	0	1,307	66.48	3.13	$4,089
May 2025	0	1,409	60.55	3.23	$4,554
Apr 2025	0	1,771	62.36	3.54	$6,275
Mar 2025	0	856	67.70	4.27	$3,654
Feb 2025	0	1,220	70.88	4.34	$5,296
Jan 2025	0	1,395	74.32	4.28	$5,969
Dec 2024	0	1,632	68.99	3.12	$5,094
Nov 2024	0	1,070	69.05	2.20	$2,352
Oct 2024	0	583	71.37	2.28	$1,330
Sep 2024	0	355	69.61	2.36	$839
Aug 2024	0	293	75.63	2.06	$605
Jul 2024	0	259	79.93	2.15	$556
Jun 2024	0	127	78.08	2.63	$335
May 2024	0	51	78.81	2.20	$112
Apr 2024	0	0	84.45	1.66	$0
Mar 2024	0	1,157	80.30	1.55	$1,788
Feb 2024	0	0	76.09	1.78	$0
Jan 2024	0	774	73.02	3.30	$2,552
Dec 2023	0	1,152	71.26	2.61	$3,008
Nov 2023	0	1,119	77.89	2.81	$3,142
Oct 2023	0	1,165	85.44	3.09	$3,597
Sep 2023	0	1,146	89.04	2.74	$3,134
Aug 2023	0	1,206	80.52	2.67	$3,223
Jul 2023	0	1,074	74.85	2.64	$2,837
Jun 2023	0	1,112	68.96	2.26	$2,511
May 2023	0	1,148	70.62	2.23	$2,557
Apr 2023	0	1,148	78.12	2.24	$2,569
Mar 2023	2	1,115	72.85	2.39	$2,814
Feb 2023	0	824	75.11	2.47	$2,032
Jan 2023	0	899	76.53	3.39	$3,046
Dec 2022	0	885	76.41	5.73	$5,070
Nov 2022	0	1,243	85.00	5.65	$7,018
Oct 2022	0	1,052	87.18	5.86	$6,169
Sep 2022	0	1,266	84.88	8.16	$10,335
Aug 2022	0	1,297	94.52	9.13	$11,838
Jul 2022	0	1,340	101.58	7.54	$10,106
Jun 2022	0	1,285	115.09	7.98	$10,251
May 2022	0	1,387	109.37	8.43	$11,697
Apr 2022	0	1,320	104.22	6.84	$9,026
Mar 2022	0	1,376	108.88	5.08	$6,985
Feb 2022	0	1,236	91.05	4.86	$6,006
Jan 2022	0	1,396	81.84	4.54	$6,335
Dec 2021	0	1,359	71.32	3.90	$5,299
Nov 2021	0	1,328	77.43	5.24	$6,955
Oct 2021	0	1,400	79.79	5.71	$7,999
Sep 2021	0	1,351	69.86	5.35	$7,229
Aug 2021	0	1,478	66.02	4.22	$6,238
Jul 2021	0	1,443	70.78	3.98	$5,746
Jun 2021	0	1,444	69.49	3.38	$4,882
May 2021	0	1,449	63.48	3.02	$4,373
Apr 2021	0	1,442	60.36	2.76	$3,978
Mar 2021	0	1,533	61.30	2.72	$4,165
Feb 2021	0	1,363	57.80	5.55	$7,562
Jan 2021	0	1,562	50.41	2.81	$4,390
Dec 2020	0	1,645	44.64	2.68	$4,401
Nov 2020	0	1,562	38.77	2.71	$4,228
Oct 2020	0	1,667	36.97	2.48	$4,132
Sep 2020	0	1,590	37.09	1.99	$3,166
Aug 2020	0	2,475	39.98	2.39	$5,903
Jul 2020	0	1,829	38.37	1.83	$3,338
Jun 2020	0	1,971	34.90	1.69	$3,332
May 2020	0	1,788	16.92	1.81	$3,245
Apr 2020	0	320	14.75	1.80	$577
Mar 2020	0	1,164	30.34	1.86	$2,161
Feb 2020	0	1,223	49.88	1.98	$2,422
Jan 2020	0	1,416	57.25	2.09	$2,966
Dec 2019	0	1,497	59.01	2.30	$3,450
Nov 2019	0	1,471	55.30	2.75	$4,046
Oct 2019	0	1,549	53.47	2.42	$3,746
Sep 2019	0	1,408	55.05	2.66	$3,741
Aug 2019	0	1,550	53.11	2.30	$3,572
Jul 2019	0	642	56.27	2.46	$1,579
Jun 2019	0	764	52.78	2.49	$1,903
May 2019	0	413	58.48	2.74	$1,132
Apr 2019	0	522	62.63	2.75	$1,436
Mar 2019	0	1,475	56.80	3.06	$4,517
Feb 2019	0	1,523	50.85	2.79	$4,253
Jan 2019	0	2,001	46.03	3.23	$6,460
Dec 2018	0	2,207	46.59	4.19	$9,237
Nov 2018	0	1,789	52.93	4.24	$7,580
Oct 2018	0	2,194	61.44	3.40	$7,455
Sep 2018	0	2,273	59.54	3.11	$7,064
Aug 2018	0	2,261	59.40	3.07	$6,933
Jul 2018	0	2,104	65.14	2.93	$6,169
Jun 2018	0	2,642	60.18	3.08	$8,129
May 2018	0	2,797	65.38	2.90	$8,114
Apr 2018	0	3,701	63.84	2.90	$10,736
Mar 2018	0	3,059	61.22	2.79	$8,525
Feb 2018	0	4,143	61.78	2.77	$11,460
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	14	47.93	3.21	$45
Mar 2017	0	311	46.77	2.98	$928
Feb 2017	0	444	50.45	2.95	$1,311
Jan 2017	0	784	49.41	3.42	$2,680
Dec 2016	0	771	48.76	3.72	$2,870
Nov 2016	0	221	42.49	2.64	$584
Oct 2016	0	131	46.19	3.09	$405
Sep 2016	0	1,231	41.55	3.10	$3,817
Aug 2016	0	803	41.44	2.92	$2,348
Jul 2016	0	1,081	41.62	2.92	$3,161
Jun 2016	0	828	45.35	2.69	$2,224
May 2016	0	1,413	42.52	1.99	$2,813
Apr 2016	0	1,042	36.56	1.99	$2,075
Mar 2016	0	1,293	33.01	1.79	$2,320
Feb 2016	0	1,139	26.47	2.06	$2,350
Jan 2016	0	1,246	27.35	2.36	$2,946
Dec 2015	0	955	32.36	2.00	$1,911
Nov 2015	0	1,196	38.79	2.17	$2,592
Oct 2015	0	1,262	43.55	2.43	$3,062
Sep 2015	0	1,174	42.99	2.76	$3,238
Aug 2015	0	1,226	40.16	2.87	$3,522
Jul 2015	0	1,217	48.15	2.95	$3,584
Jun 2015	0	1,222	56.15	2.88	$3,523
May 2015	0	1,092	55.21	2.96	$3,227
Apr 2015	0	1,182	49.82	2.71	$3,199
Mar 2015	0	1,443	42.89	2.93	$4,235
Feb 2015	0	1,718	44.66	2.98	$5,113
Jan 2015	0	1,650	43.43	3.10	$5,116
Dec 2014	0	1,718	54.69	3.59	$6,170
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	27	86.16	4.05	$109
Aug 2014	0	529	89.39	4.04	$2,135
Jul 2014	0	479	96.56	4.18	$2,002
Jun 2014	0	625	98.16	4.74	$2,961
May 2014	0	664	94.73	4.73	$3,138
Apr 2014	0	572	95.94	4.81	$2,751
Mar 2014	0	673	95.89	5.06	$3,403
Feb 2014	0	761	97.40	6.19	$4,712
Jan 2014	0	948	90.40	4.86	$4,608
Dec 2013	0	696	91.82	4.35	$3,031
Nov 2013	0	868	88.85	3.74	$3,245
Oct 2013	0	929	97.42	3.78	$3,511
Sep 2013	0	797	104.11	3.72	$2,963
Aug 2013	0	760	104.25	3.52	$2,677
Jul 2013	0	634	102.52	3.72	$2,357
Jun 2013	0	878	94.40	3.93	$3,454
May 2013	0	756	94.83	4.15	$3,137
Apr 2013	0	843	93.96	4.28	$3,610
Mar 2013	0	646	93.62	3.91	$2,528
Feb 2013	0	624	91.23	3.42	$2,134
Jan 2013	0	235	91.60	3.42	$804
Dec 2012	0	592	86.77	3.42	$2,025
Nov 2012	0	1,367	86.95	3.62	$4,955
Oct 2012	0	1,376	89.38	3.40	$4,678
Sep 2012	0	1,482	94.67	2.92	$4,325
Aug 2012	0	1,408	92.66	2.91	$4,095
Jul 2012	0	1,363	85.13	3.02	$4,117
Jun 2012	0	1,155	79.82	2.52	$2,909
May 2012	0	1,322	91.61	2.49	$3,290
Apr 2012	0	1,519	101.65	2.00	$3,033
Mar 2012	0	1,529	105.05	2.22	$3,398
Feb 2012	0	1,472	101.10	2.57	$3,783
Jan 2012	0	1,588	98.09	2.73	$4,342
Dec 2011	0	1,651	96.87	3.24	$5,349
Nov 2011	0	1,291	95.72	3.31	$4,275
Oct 2011	0	1,790	84.98	3.65	$6,531
Sep 2011	0	1,829	83.62	3.99	$7,290
Aug 2011	0	1,486	83.40	4.15	$6,166
Jul 2011	0	1,542	94.14	4.52	$6,966
Jun 2011	0	1,621	92.90	4.64	$7,521
May 2011	0	1,824	98.13	4.40	$8,034
Apr 2011	0	1,549	105.96	4.33	$6,712
Mar 2011	0	1,559	96.36	4.06	$6,325
Feb 2011	0	1,418	85.64	4.18	$5,927
Jan 2011	0	1,738	86.50	4.59	$7,975
Dec 2010	0	1,514	85.73	4.35	$6,582
Nov 2010	0	1,463	80.84	3.80	$5,553
Oct 2010	0	1,703	78.10	3.51	$5,976
Sep 2010	0	1,582	72.63	3.98	$6,296
Aug 2010	0	1,559	73.68	4.42	$6,890
Jul 2010	0	1,817	72.55	4.74	$8,606
Jun 2010	0	1,741	70.36	4.91	$8,549
May 2010	0	1,787	71.12	4.24	$7,568
Apr 2010	0	1,700	81.69	4.12	$7,009
Mar 2010	0	1,672	78.39	4.39	$7,338
Feb 2010	0	1,632	73.58	5.44	$8,882
Jan 2010	0	1,771	74.36	5.96	$10,562
Dec 2009	0	1,791	71.44	5.48	$9,821
Nov 2009	0	1,719	74.59	3.75	$6,449
Oct 2009	0	1,873	72.54	4.11	$7,699
Sep 2009	0	1,848	65.54	3.06	$5,664
Aug 2009	0	1,913	67.42	3.22	$6,157
Jul 2009	0	1,832	61.13	3.46	$6,347
Jun 2009	0	1,805	66.16	3.90	$7,030
May 2009	0	1,842	54.74	3.93	$7,231
Apr 2009	0	1,748	46.77	3.59	$6,271
Mar 2009	0	1,848	42.14	4.06	$7,501
Feb 2009	0	1,732	32.81	4.63	$8,024
Jan 2009	0	1,997	35.86	5.37	$10,726
Dec 2008	0	1,934	37.10	5.98	$11,560
Nov 2008	0	2,007	55.49	6.86	$13,769
Oct 2008	0	2,139	75.24	6.92	$14,806
Sep 2008	0	1,482	101.76	7.88	$11,674
Aug 2008	0	1,796	114.22	8.48	$15,236
Jul 2008	0	1,904	131.08	11.39	$21,685
Jun 2008	0	1,988	131.33	13.03	$25,909
May 2008	0	1,943	123.17	11.57	$22,489
Apr 2008	0	1,897	110.31	10.45	$19,833
Mar 2008	0	2,028	101.90	9.66	$19,599
Feb 2008	0	1,817	92.53	8.77	$15,936
Jan 2008	0	2,038	90.38	8.21	$16,723
Dec 2007	0	2,119	88.33	7.30	$15,473
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	1,966	82.85	6.92	$13,609
Sep 2007	0	2,016	75.84	6.24	$12,588
Aug 2007	0	2,021	69.06	6.39	$12,910
Jul 2007	0	2,200	70.90	6.39	$14,053
Jun 2007	0	2,107	62.00	7.55	$15,905
May 2007	0	2,157	58.74	7.85	$16,924
Apr 2007	0	2,084	59.61	7.81	$16,266
Mar 2007	0	2,246	56.92	7.30	$16,400
Feb 2007	0	2,144	55.10	8.22	$17,615
Jan 2007	0	2,469	50.30	6.73	$16,609
Dec 2006	0	2,540	56.65	6.92	$17,573
Nov 2006	0	2,320	54.20	7.62	$17,673
Oct 2006	0	2,468	54.90	6.01	$14,842
Sep 2006	0	2,211	60.08	5.04	$11,137
Aug 2006	0	2,002	68.71	7.34	$14,695
Jul 2006	0	2,824	69.37	6.34	$17,912
Jun 2006	0	2,495	66.28	6.38	$15,928
May 2006	0	2,399	66.01	6.42	$15,414
Apr 2006	0	2,473	64.39	7.36	$18,202
Mar 2006	0	2,710	56.70	7.08	$19,195
Feb 2006	0	2,309	57.59	7.75	$17,897
Jan 2006	0	2,648	60.59	8.93	$23,655
Dec 2005	0	2,673	54.94	13.42	$35,859
Nov 2005	0	2,602	54.69	10.59	$27,551
Oct 2005	0	2,910	58.34	13.80	$40,146
Sep 2005	0	2,723	61.45	12.08	$32,891
Aug 2005	0	2,976	61.51	9.80	$29,155
Jul 2005	0	2,795	55.69	7.84	$21,923
Jun 2005	0	2,225	52.33	7.38	$16,423
May 2005	0	2,620	45.22	6.65	$17,426
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	2,430	50.37	7.15	$17,386
Feb 2005	0	2,672	45.22	6.31	$16,865
Jan 2005	0	2,946	43.16	6.32	$18,625
Dec 2004	0	3,065	39.86	6.75	$20,692
Nov 2004	0	2,785	45.28	6.33	$17,630
Oct 2004	0	2,973	49.70	6.52	$19,369
Sep 2004	0	2,920	43.24	5.28	$15,429
Aug 2004	0	3,375	42.37	5.55	$18,733
Jul 2004	0	2,916	38.28	6.08	$17,741
Jun 2004	0	2,933	36.10	6.43	$18,868
May 2004	0	2,957	37.48	6.49	$19,204
Apr 2004	0	2,742	34.47	5.86	$16,064
Mar 2004	0	3,098	34.36	5.53	$17,132
Feb 2004	0	3,110	32.45	5.51	$17,135
Jan 2004	0	3,600	32.03	6.30	$22,679
Dec 2003	0	3,173	30.26	6.30	$19,995
Nov 2003	0	270	28.80	4.60	$1,241
Oct 2003	0	400	28.17	4.76	$1,904
Sep 2003	0	175	26.31	4.75	$831
Aug 2003	0	3,191	29.76	5.13	$16,369
Jul 2003	0	3,154	29.41	5.17	$16,309
Jun 2003	0	2,977	28.56	5.98	$17,811
May 2003	0	3,416	26.59	5.97	$20,403
Apr 2003	0	3,247	26.67	5.41	$17,557
Mar 2003	0	3,599	31.14	6.10	$21,940
Feb 2003	0	3,195	33.48	7.93	$25,323
Jan 2003	0	3,428	30.31	5.58	$19,135
Dec 2002	0	3,423	26.91	4.85	$16,614
Nov 2002	0	3,054	24.66	4.14	$12,634
Oct 2002	0	3,373	26.46	4.23	$14,265
Sep 2002	0	3,350	27.44	3.64	$12,178
Aug 2002	0	3,522	25.96	3.16	$11,144
Jul 2002	0	3,509	24.58	3.06	$10,744
Jun 2002	0	4,006	23.73	3.34	$13,373
May 2002	0	2,968	24.66	3.58	$10,637
Apr 2002	0	3,986	23.65	3.51	$14,000
Mar 2002	0	3,731	22.00	3.10	$11,576
Feb 2002	0	3,318	18.22	2.38	$7,883
Jan 2002	0	3,906	17.17	2.38	$9,279
Dec 2001	0	3,834	16.93	2.36	$9,065
Nov 2001	0	3,801	18.07	2.41	$9,143
Oct 2001	0	3,985	19.78	2.53	$10,078
Sep 2001	0	3,911	24.26	2.25	$8,805
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	4,024	24.56	3.82	$15,388
May 2001	0	4,110	25.52	4.31	$17,703
Apr 2001	0	4,343	24.68	5.34	$23,171
Mar 2001	0	3,471	24.54	5.38	$18,662
Feb 2001	0	4,338	27.75	5.77	$25,018
Jan 2001	0	4,702	27.47	8.40	$39,491
Dec 2000	0	4,804	26.88	9.12	$43,824
Nov 2000	0	4,624	32.21	5.66	$26,163
Oct 2000	0	5,036	31.23	5.15	$25,913
Sep 2000	0	5,218	31.87	5.19	$27,063
Aug 2000	0	4,872	29.64	4.54	$22,123
Jul 2000	0	4,563	28.53	4.09	$18,662
Jun 2000	0	5,425	29.30	4.40	$23,855
May 2000	0	5,852	27.26	3.68	$21,534
Apr 2000	0	5,707	24.51	3.12	$17,783
Mar 2000	0	5,836	28.42	2.86	$16,690
Feb 2000	0	5,583	27.62	2.73	$15,222
Jan 2000	0	5,724	25.27	2.48	$14,198
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	5,381	23.19	2.43	$13,097
Oct 1999	0	6,010	20.98	2.80	$16,850
Sep 1999	0	5,631	21.75	2.62	$14,747
Aug 1999	0	6,084	19.26	2.88	$17,495
Jul 1999	0	6,218	17.89	2.37	$14,751
Jun 1999	0	6,339	15.94	2.36	$14,973
May 1999	0	6,892	15.79	2.32	$15,996
Apr 1999	0	6,802	15.10	2.21	$15,019
Mar 1999	0	7,382	12.47	1.84	$13,571
Feb 1999	14	7,024	9.98	1.82	$12,908
Jan 1999	0	7,127	10.38	1.90	$13,541
Dec 1998	0	7,345	9.20	1.77	$13,025
Nov 1998	0	7,637	10.89	2.19	$16,692
Oct 1998	0	8,679	12.42	1.97	$17,091
Sep 1998	0	9,578	12.59	2.08	$19,947
Aug 1998	0	10,057	11.30	1.91	$19,182
Jul 1998	0	10,794	11.74	2.24	$24,149
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	22,216	13.04	2.51	$55,658
Mar 1998	0	22,430	12.80	2.31	$51,801
Feb 1998	0	24,396	13.95	2.30	$56,090
Jan 1998	0	0	14.70	2.15	$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                    7 Mcf  × $  3.05 =        $21

────────────────────────────────────────────────────
Month total                                      $21

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/167674 is the state's own key, not one this site invented.