HOOVER 44

Name: HOOVER 44 lease production and value, Nov 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EXTEX OPERATING COMPANY (P-5 257062) 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 168272District 7CField 679952002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.6 M

Nov 1997 – May 2026

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

343

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	1999-07-07	140724
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	1,848 bbl	$26,889
Gas	Production	624,105 Mcf	$2,553,859
Total			$2,580,748

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 30.4710, -101.5266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.47096, -101.52663 · 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

7,500 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 7,500 ft.

Completions filed

Nov 1997

1 of 1 wells

1 well


42-10537836	6	7,500 ft	Nov 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 (343)

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

343 months


May 2026	0	0	106.41	3.05	$0
Apr 2026	0	0	98.93	2.87	$0
Mar 2026	0	43	89.75	3.15	$135
Feb 2026	0	419	63.50	3.75	$1,571
Jan 2026	0	390	59.13	8.00	$3,119
Dec 2025	0	973	56.66	4.41	$4,294
Nov 2025	0	253	58.59	3.93	$993
Oct 2025	0	53	59.38	3.30	$175
Sep 2025	0	470	62.74	3.08	$1,446
Aug 2025	0	427	63.93	3.01	$1,287
Jul 2025	0	468	66.74	3.32	$1,552
Jun 2025	0	411	66.48	3.13	$1,286
May 2025	0	477	60.55	3.23	$1,542
Apr 2025	0	507	62.36	3.54	$1,796
Mar 2025	0	443	67.70	4.27	$1,891
Feb 2025	0	501	70.88	4.34	$2,175
Jan 2025	0	582	74.32	4.28	$2,490
Dec 2024	0	740	68.99	3.12	$2,310
Nov 2024	0	693	69.05	2.20	$1,524
Oct 2024	0	264	71.37	2.28	$602
Sep 2024	0	614	69.61	2.36	$1,452
Aug 2024	0	228	75.63	2.06	$471
Jul 2024	0	290	79.93	2.15	$623
Jun 2024	0	222	78.08	2.63	$585
May 2024	0	213	78.81	2.20	$468
Apr 2024	0	160	84.45	1.66	$265
Mar 2024	0	570	80.30	1.55	$881
Feb 2024	0	404	76.09	1.78	$721
Jan 2024	0	516	73.02	3.30	$1,702
Dec 2023	0	537	71.26	2.61	$1,402
Nov 2023	0	417	77.89	2.81	$1,171
Oct 2023	0	440	85.44	3.09	$1,358
Sep 2023	0	440	89.04	2.74	$1,203
Aug 2023	0	483	80.52	2.67	$1,291
Jul 2023	0	498	74.85	2.64	$1,316
Jun 2023	0	532	68.96	2.26	$1,202
May 2023	0	663	70.62	2.23	$1,477
Apr 2023	0	711	78.12	2.24	$1,591
Mar 2023	0	753	72.85	2.39	$1,802
Feb 2023	0	684	75.11	2.47	$1,687
Jan 2023	0	667	76.53	3.39	$2,260
Dec 2022	0	488	76.41	5.73	$2,796
Nov 2022	0	841	85.00	5.65	$4,748
Oct 2022	0	637	87.18	5.86	$3,735
Sep 2022	0	489	84.88	8.16	$3,992
Aug 2022	0	466	94.52	9.13	$4,253
Jul 2022	0	462	101.58	7.54	$3,484
Jun 2022	0	451	115.09	7.98	$3,598
May 2022	0	479	109.37	8.43	$4,039
Apr 2022	0	474	104.22	6.84	$3,241
Mar 2022	0	495	108.88	5.08	$2,513
Feb 2022	0	517	91.05	4.86	$2,512
Jan 2022	0	512	81.84	4.54	$2,323
Dec 2021	0	613	71.32	3.90	$2,390
Nov 2021	0	591	77.43	5.24	$3,095
Oct 2021	0	504	79.79	5.71	$2,880
Sep 2021	0	474	69.86	5.35	$2,536
Aug 2021	0	528	66.02	4.22	$2,228
Jul 2021	0	510	70.78	3.98	$2,031
Jun 2021	0	522	69.49	3.38	$1,765
May 2021	0	322	63.48	3.02	$972
Apr 2021	0	533	60.36	2.76	$1,470
Mar 2021	0	704	61.30	2.72	$1,913
Feb 2021	0	608	57.80	5.55	$3,373
Jan 2021	0	586	50.41	2.81	$1,647
Dec 2020	0	827	44.64	2.68	$2,213
Nov 2020	0	742	38.77	2.71	$2,008
Oct 2020	0	829	36.97	2.48	$2,055
Sep 2020	0	844	37.09	1.99	$1,680
Aug 2020	0	791	39.98	2.39	$1,887
Jul 2020	0	486	38.37	1.83	$887
Jun 2020	0	487	34.90	1.69	$823
May 2020	0	902	16.92	1.81	$1,637
Apr 2020	0	884	14.75	1.80	$1,595
Mar 2020	0	744	30.34	1.86	$1,381
Feb 2020	0	931	49.88	1.98	$1,844
Jan 2020	0	791	57.25	2.09	$1,657
Dec 2019	0	438	59.01	2.30	$1,009
Nov 2019	0	408	55.30	2.75	$1,122
Oct 2019	0	404	53.47	2.42	$977
Sep 2019	0	419	55.05	2.66	$1,113
Aug 2019	0	452	53.11	2.30	$1,042
Jul 2019	0	474	56.27	2.46	$1,166
Jun 2019	0	521	52.78	2.49	$1,298
May 2019	0	739	58.48	2.74	$2,025
Apr 2019	0	895	62.63	2.75	$2,462
Mar 2019	0	900	56.80	3.06	$2,756
Feb 2019	0	818	50.85	2.79	$2,284
Jan 2019	0	899	46.03	3.23	$2,902
Dec 2018	0	915	46.59	4.19	$3,830
Nov 2018	0	721	52.93	4.24	$3,055
Oct 2018	0	925	61.44	3.40	$3,143
Sep 2018	0	1,039	59.54	3.11	$3,229
Aug 2018	0	785	59.40	3.07	$2,407
Jul 2018	0	996	65.14	2.93	$2,920
Jun 2018	0	922	60.18	3.08	$2,837
May 2018	0	936	65.38	2.90	$2,715
Apr 2018	0	1,008	63.84	2.90	$2,924
Mar 2018	0	1,074	61.22	2.79	$2,993
Feb 2018	0	945	61.78	2.77	$2,614
Jan 2018	0	924	62.87	4.01	$3,705
Dec 2017	0	1,071	57.27	2.92	$3,129
Nov 2017	0	965	55.42	3.12	$3,009
Oct 2017	0	1,036	49.29	2.98	$3,091
Sep 2017	0	1,010	47.52	3.09	$3,118
Aug 2017	0	1,085	45.37	3.00	$3,260
Jul 2017	0	1,103	43.87	3.09	$3,405
Jun 2017	0	1,091	42.49	3.09	$3,368
May 2017	0	1,104	45.37	3.26	$3,603
Apr 2017	0	1,094	47.93	3.21	$3,513
Mar 2017	0	1,196	46.77	2.98	$3,568
Feb 2017	0	1,190	50.45	2.95	$3,514
Jan 2017	0	1,563	49.41	3.42	$5,344
Dec 2016	0	1,943	48.76	3.72	$7,233
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	564	41.44	2.92	$1,649
Jul 2016	0	655	41.62	2.92	$1,915
Jun 2016	0	683	45.35	2.69	$1,834
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	644	36.56	1.99	$1,282
Mar 2016	0	893	33.01	1.79	$1,602
Feb 2016	0	783	26.47	2.06	$1,616
Jan 2016	0	868	27.35	2.36	$2,052
Dec 2015	0	655	32.36	2.00	$1,311
Nov 2015	0	991	38.79	2.17	$2,148
Oct 2015	0	920	43.55	2.43	$2,232
Sep 2015	0	901	42.99	2.76	$2,485
Aug 2015	0	950	40.16	2.87	$2,729
Jul 2015	0	987	48.15	2.95	$2,907
Jun 2015	0	870	56.15	2.88	$2,508
May 2015	0	926	55.21	2.96	$2,737
Apr 2015	0	912	49.82	2.71	$2,468
Mar 2015	0	1,079	42.89	2.93	$3,167
Feb 2015	0	1,025	44.66	2.98	$3,051
Jan 2015	0	1,114	43.43	3.10	$3,454
Dec 2014	0	1,138	54.69	3.59	$4,087
Nov 2014	0	1,139	70.46	4.25	$4,843
Oct 2014	0	777	78.30	3.90	$3,031
Sep 2014	0	1,019	86.16	4.05	$4,122
Aug 2014	0	1,145	89.39	4.04	$4,620
Jul 2014	0	1,007	96.56	4.18	$4,209
Jun 2014	0	986	98.16	4.74	$4,671
May 2014	0	1,204	94.73	4.73	$5,691
Apr 2014	0	1,284	95.94	4.81	$6,175
Mar 2014	0	1,132	95.89	5.06	$5,724
Feb 2014	0	1,146	97.40	6.19	$7,096
Jan 2014	0	1,165	90.40	4.86	$5,663
Dec 2013	0	1,326	91.82	4.35	$5,774
Nov 2013	0	709	88.85	3.74	$2,650
Oct 2013	0	667	97.42	3.78	$2,521
Sep 2013	0	734	104.11	3.72	$2,729
Aug 2013	0	943	104.25	3.52	$3,322
Jul 2013	0	972	102.52	3.72	$3,614
Jun 2013	0	971	94.40	3.93	$3,819
May 2013	0	758	94.83	4.15	$3,145
Apr 2013	0	890	93.96	4.28	$3,812
Mar 2013	0	1,039	93.62	3.91	$4,065
Feb 2013	0	1,107	91.23	3.42	$3,786
Jan 2013	0	1,157	91.60	3.42	$3,957
Dec 2012	0	1,172	86.77	3.42	$4,008
Nov 2012	0	1,121	86.95	3.62	$4,064
Oct 2012	0	1,201	89.38	3.40	$4,083
Sep 2012	0	1,193	94.67	2.92	$3,482
Aug 2012	0	1,194	92.66	2.91	$3,472
Jul 2012	0	1,199	85.13	3.02	$3,622
Jun 2012	0	1,090	79.82	2.52	$2,746
May 2012	0	1,154	91.61	2.49	$2,872
Apr 2012	0	1,223	101.65	2.00	$2,442
Mar 2012	0	1,246	105.05	2.22	$2,769
Feb 2012	0	1,106	101.10	2.57	$2,843
Jan 2012	0	1,166	98.09	2.73	$3,188
Dec 2011	0	1,190	96.87	3.24	$3,855
Nov 2011	0	1,134	95.72	3.31	$3,755
Oct 2011	0	1,314	84.98	3.65	$4,794
Sep 2011	0	1,342	83.62	3.99	$5,349
Aug 2011	0	1,269	83.40	4.15	$5,265
Jul 2011	0	846	94.14	4.52	$3,822
Jun 2011	0	1,218	92.90	4.64	$5,651
May 2011	0	1,320	98.13	4.40	$5,814
Apr 2011	0	1,143	105.96	4.33	$4,953
Mar 2011	0	1,178	96.36	4.06	$4,780
Feb 2011	0	1,203	85.64	4.18	$5,029
Jan 2011	0	1,334	86.50	4.59	$6,121
Dec 2010	0	1,270	85.73	4.35	$5,522
Nov 2010	0	1,275	80.84	3.80	$4,839
Oct 2010	0	1,284	78.10	3.51	$4,505
Sep 2010	0	1,232	72.63	3.98	$4,903
Aug 2010	0	1,266	73.68	4.42	$5,595
Jul 2010	0	1,234	72.55	4.74	$5,845
Jun 2010	0	1,202	70.36	4.91	$5,902
May 2010	0	1,346	71.12	4.24	$5,701
Apr 2010	0	1,164	81.69	4.12	$4,799
Mar 2010	0	1,271	78.39	4.39	$5,578
Feb 2010	0	967	73.58	5.44	$5,263
Jan 2010	0	1,144	74.36	5.96	$6,823
Dec 2009	0	1,407	71.44	5.48	$7,716
Nov 2009	0	1,281	74.59	3.75	$4,806
Oct 2009	0	1,400	72.54	4.11	$5,754
Sep 2009	0	1,353	65.54	3.06	$4,147
Aug 2009	0	1,399	67.42	3.22	$4,503
Jul 2009	0	1,415	61.13	3.46	$4,902
Jun 2009	0	1,410	66.16	3.90	$5,492
May 2009	0	1,413	54.74	3.93	$5,547
Apr 2009	0	1,393	46.77	3.59	$4,997
Mar 2009	0	1,538	42.14	4.06	$6,243
Feb 2009	0	1,129	32.81	4.63	$5,231
Jan 2009	0	1,399	35.86	5.37	$7,514
Dec 2008	0	1,390	37.10	5.98	$8,308
Nov 2008	0	1,583	55.49	6.86	$10,860
Oct 2008	0	1,637	75.24	6.92	$11,331
Sep 2008	0	1,123	101.76	7.88	$8,846
Aug 2008	0	1,634	114.22	8.48	$13,861
Jul 2008	0	1,522	131.08	11.39	$17,335
Jun 2008	0	1,479	131.33	13.03	$19,275
May 2008	0	1,588	123.17	11.57	$18,380
Apr 2008	0	1,597	110.31	10.45	$16,696
Mar 2008	0	1,722	101.90	9.66	$16,642
Feb 2008	0	1,656	92.53	8.77	$14,524
Jan 2008	0	1,866	90.38	8.21	$15,312
Dec 2007	0	1,794	88.33	7.30	$13,100
Nov 2007	0	1,545	91.67	7.29	$11,266
Oct 2007	0	2,069	82.85	6.92	$14,322
Sep 2007	0	1,916	75.84	6.24	$11,964
Aug 2007	0	1,986	69.06	6.39	$12,686
Jul 2007	0	2,067	70.90	6.39	$13,204
Jun 2007	0	1,879	62.00	7.55	$14,184
May 2007	0	2,086	58.74	7.85	$16,367
Apr 2007	0	2,086	59.61	7.81	$16,282
Mar 2007	0	2,080	56.92	7.30	$15,188
Feb 2007	0	1,256	55.10	8.22	$10,319
Jan 2007	0	1,870	50.30	6.73	$12,579
Dec 2006	0	1,927	56.65	6.92	$13,332
Nov 2006	0	1,579	54.20	7.62	$12,028
Oct 2006	0	1,433	54.90	6.01	$8,618
Sep 2006	0	1,384	60.08	5.04	$6,971
Aug 2006	0	1,844	68.71	7.34	$13,535
Jul 2006	0	1,731	69.37	6.34	$10,979
Jun 2006	0	1,729	66.28	6.38	$11,038
May 2006	0	1,830	66.01	6.42	$11,758
Apr 2006	0	1,763	64.39	7.36	$12,977
Mar 2006	0	1,914	56.70	7.08	$13,557
Feb 2006	0	1,538	57.59	7.75	$11,921
Jan 2006	0	1,961	60.59	8.93	$17,518
Dec 2005	0	2,114	54.94	13.42	$28,360
Nov 2005	0	1,761	54.69	10.59	$18,646
Oct 2005	0	1,792	58.34	13.80	$24,722
Sep 2005	0	1,785	61.45	12.08	$21,561
Aug 2005	0	1,991	61.51	9.80	$19,506
Jul 2005	0	1,947	55.69	7.84	$15,272
Jun 2005	0	1,954	52.33	7.38	$14,423
May 2005	0	1,802	45.22	6.65	$11,985
Apr 2005	0	1,950	49.20	7.36	$14,353
Mar 2005	0	1,823	50.37	7.15	$13,043
Feb 2005	0	1,802	45.22	6.31	$11,374
Jan 2005	0	2,012	43.16	6.32	$12,720
Dec 2004	0	1,941	39.86	6.75	$13,104
Nov 2004	0	1,783	45.28	6.33	$11,287
Oct 2004	0	2,077	49.70	6.52	$13,532
Sep 2004	0	1,769	43.24	5.28	$9,347
Aug 2004	0	2,168	42.37	5.55	$12,034
Jul 2004	0	2,160	38.28	6.08	$13,142
Jun 2004	0	2,473	36.10	6.43	$15,909
May 2004	0	2,580	37.48	6.49	$16,756
Apr 2004	0	2,468	34.47	5.86	$14,459
Mar 2004	0	2,472	34.36	5.53	$13,671
Feb 2004	0	1,960	32.45	5.51	$10,799
Jan 2004	0	2,416	32.03	6.30	$15,220
Dec 2003	0	2,308	30.26	6.30	$14,544
Nov 2003	0	2,356	28.80	4.60	$10,826
Oct 2003	0	2,129	28.17	4.76	$10,133
Sep 2003	0	2,379	26.31	4.75	$11,299
Aug 2003	0	2,530	29.76	5.13	$12,978
Jul 2003	0	2,547	29.41	5.17	$13,170
Jun 2003	0	2,636	28.56	5.98	$15,771
May 2003	0	2,735	26.59	5.97	$16,335
Apr 2003	0	2,535	26.67	5.41	$13,707
Mar 2003	0	2,818	31.14	6.10	$17,179
Feb 2003	0	2,481	33.48	7.93	$19,664
Jan 2003	0	2,783	30.31	5.58	$15,535
Dec 2002	0	2,966	26.91	4.85	$14,396
Nov 2002	0	2,654	24.66	4.14	$10,979
Oct 2002	0	2,714	26.46	4.23	$11,478
Sep 2002	0	2,754	27.44	3.64	$10,011
Aug 2002	0	2,661	25.96	3.16	$8,420
Jul 2002	0	2,789	24.58	3.06	$8,539
Jun 2002	0	2,678	23.73	3.34	$8,940
May 2002	0	2,921	24.66	3.58	$10,469
Apr 2002	0	2,825	23.65	3.51	$9,922
Mar 2002	0	2,892	22.00	3.10	$8,973
Feb 2002	0	2,548	18.22	2.38	$6,053
Jan 2002	0	2,738	17.17	2.38	$6,505
Dec 2001	0	2,856	16.93	2.36	$6,753
Nov 2001	0	2,857	18.07	2.41	$6,873
Oct 2001	0	2,953	19.78	2.53	$7,468
Sep 2001	0	3,132	24.26	2.25	$7,051
Aug 2001	0	3,268	24.87	3.05	$9,978
Jul 2001	0	3,383	23.93	3.20	$10,816
Jun 2001	0	3,474	24.56	3.82	$13,285
May 2001	0	3,389	25.52	4.31	$14,598
Apr 2001	0	3,267	24.68	5.34	$17,430
Mar 2001	0	3,433	24.54	5.38	$18,457
Feb 2001	0	3,272	27.75	5.77	$18,870
Jan 2001	0	3,744	27.47	8.40	$31,445
Dec 2000	0	3,706	26.88	9.12	$33,808
Nov 2000	0	3,743	32.21	5.66	$21,178
Oct 2000	0	3,790	31.23	5.15	$19,501
Sep 2000	0	3,664	31.87	5.19	$19,003
Aug 2000	0	3,718	29.64	4.54	$16,883
Jul 2000	0	4,077	28.53	4.09	$16,674
Jun 2000	0	4,112	29.30	4.40	$18,081
May 2000	0	4,363	27.26	3.68	$16,055
Apr 2000	0	3,710	24.51	3.12	$11,560
Mar 2000	0	3,843	28.42	2.86	$10,990
Feb 2000	0	3,597	27.62	2.73	$9,807
Jan 2000	0	4,023	25.27	2.48	$9,979
Dec 1999	0	3,914	24.28	2.42	$9,486
Nov 1999	0	3,838	23.19	2.43	$9,342
Oct 1999	0	4,277	20.98	2.80	$11,991
Sep 1999	0	4,422	21.75	2.62	$11,581
Aug 1999	2	4,901	19.26	2.88	$14,132
Jul 1999	0	4,816	17.89	2.37	$11,425
Jun 1999	0	4,955	15.94	2.36	$11,704
May 1999	0	5,156	15.79	2.32	$11,967
Apr 1999	0	4,735	15.10	2.21	$10,455
Mar 1999	0	5,388	12.47	1.84	$9,905
Feb 1999	0	5,043	9.98	1.82	$9,167
Jan 1999	0	5,805	10.38	1.90	$11,029
Dec 1998	0	6,078	9.20	1.77	$10,778
Nov 1998	0	6,469	10.89	2.19	$14,139
Oct 1998	21	7,019	12.42	1.97	$14,083
Sep 1998	0	7,102	12.59	2.08	$14,791
Aug 1998	0	7,903	11.30	1.91	$15,074
Jul 1998	0	8,961	11.74	2.24	$20,048
Jun 1998	134	10,150	11.24	2.24	$24,214
May 1998	155	8,257	12.62	2.21	$20,174
Apr 1998	152	8,770	13.04	2.51	$23,954
Mar 1998	230	10,278	12.80	2.31	$26,680
Feb 1998	223	9,314	13.95	2.30	$24,525
Jan 1998	342	12,989	14.70	2.15	$33,016
Dec 1997	348	17,990	16.32	2.41	$49,055
Nov 1997	241	10,949	18.19	3.09	$38,197

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.

Mar 2026 — as filed, then multipliedworked

Condensate             0 bbl  × $ 89.75 =         $0
Gas                   43 Mcf  × $  3.15 =       $135

────────────────────────────────────────────────────
Month total                                     $135

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/168272 is the state's own key, not one this site invented.