UNIVERSITY "12-23"

Name: UNIVERSITY "12-23" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KSTONE ENERGY, LLC (P-5 101046) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10703District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$466 k

Jan 1993 – May 2026

Value, last 12 filed months

$25 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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
Oil	Disposition	8,981 bbl	$423,428
Casinghead gas	Production	9,154 Mcf	$42,136
Total			$465,564

138 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.0771, -101.4916. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.07715, -101.49161 · 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

9,836 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 9,836 ft.

Completions filed

Mar 1984

1 of 1 wells

1 well


42-10532428	1	9,836 ft	Mar 1984	—	—

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 (401)

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

401 months


May 2026	0	0	106.41	3.05	$0
Apr 2026	0	0	98.93	2.87	$0
Mar 2026	172	0	89.75	3.15	$15,437
Feb 2026	0	0	63.50	3.75	$0
Jan 2026	0	0	59.13	8.00	$0
Dec 2025	0	0	56.66	4.41	$0
Nov 2025	0	0	58.59	3.93	$0
Oct 2025	0	0	59.38	3.30	$0
Sep 2025	0	0	62.74	3.08	$0
Aug 2025	0	0	63.93	3.01	$0
Jul 2025	0	0	66.74	3.32	$0
Jun 2025	145	0	66.48	3.13	$9,640
May 2025	0	0	60.55	3.23	$0
Apr 2025	0	0	62.36	3.54	$0
Mar 2025	114	0	67.70	4.27	$7,718
Feb 2025	0	30	70.88	4.34	$130
Jan 2025	0	0	74.32	4.28	$0
Dec 2024	0	30	68.99	3.12	$94
Nov 2024	0	0	69.05	2.20	$0
Oct 2024	0	0	71.37	2.28	$0
Sep 2024	0	30	69.61	2.36	$71
Aug 2024	178	30	75.63	2.06	$13,524
Jul 2024	0	0	79.93	2.15	$0
Jun 2024	0	30	78.08	2.63	$79
May 2024	0	30	78.81	2.20	$66
Apr 2024	0	30	84.45	1.66	$50
Mar 2024	0	30	80.30	1.55	$46
Feb 2024	178	30	76.09	1.78	$13,598
Jan 2024	0	0	73.02	3.30	$0
Dec 2023	0	0	71.26	2.61	$0
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	30	85.44	3.09	$93
Sep 2023	0	30	89.04	2.74	$82
Aug 2023	0	30	80.52	2.67	$80
Jul 2023	0	30	74.85	2.64	$79
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	30	72.85	2.39	$72
Feb 2023	0	30	75.11	2.47	$74
Jan 2023	0	30	76.53	3.39	$102
Dec 2022	0	30	76.41	5.73	$172
Nov 2022	0	30	85.00	5.65	$169
Oct 2022	0	30	87.18	5.86	$176
Sep 2022	0	30	84.88	8.16	$245
Aug 2022	0	30	94.52	9.13	$274
Jul 2022	0	30	101.58	7.54	$226
Jun 2022	0	30	115.09	7.98	$239
May 2022	0	30	109.37	8.43	$253
Apr 2022	0	30	104.22	6.84	$205
Mar 2022	0	30	108.88	5.08	$152
Feb 2022	0	30	91.05	4.86	$146
Jan 2022	171	30	81.84	4.54	$14,131
Dec 2021	0	30	71.32	3.90	$117
Nov 2021	0	30	77.43	5.24	$157
Oct 2021	0	30	79.79	5.71	$171
Sep 2021	0	30	69.86	5.35	$161
Aug 2021	0	30	66.02	4.22	$127
Jul 2021	0	30	70.78	3.98	$119
Jun 2021	0	30	69.49	3.38	$101
May 2021	0	30	63.48	3.02	$91
Apr 2021	0	30	60.36	2.76	$83
Mar 2021	0	30	61.30	2.72	$82
Feb 2021	167	30	57.80	5.55	$9,819
Jan 2021	0	30	50.41	2.81	$84
Dec 2020	0	30	44.64	2.68	$80
Nov 2020	0	30	38.77	2.71	$81
Oct 2020	0	30	36.97	2.48	$74
Sep 2020	0	30	37.09	1.99	$60
Aug 2020	167	30	39.98	2.39	$6,748
Jul 2020	0	30	38.37	1.83	$55
Jun 2020	0	30	34.90	1.69	$51
May 2020	0	30	16.92	1.81	$54
Apr 2020	0	30	14.75	1.80	$54
Mar 2020	0	30	30.34	1.86	$56
Feb 2020	0	30	49.88	1.98	$59
Jan 2020	0	30	57.25	2.09	$63
Dec 2019	0	30	59.01	2.30	$69
Nov 2019	0	30	55.30	2.75	$83
Oct 2019	0	30	53.47	2.42	$73
Sep 2019	0	30	55.05	2.66	$80
Aug 2019	0	30	53.11	2.30	$69
Jul 2019	0	30	56.27	2.46	$74
Jun 2019	163	30	52.78	2.49	$8,678
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	30	62.63	2.75	$83
Mar 2019	0	30	56.80	3.06	$92
Feb 2019	0	30	50.85	2.79	$84
Jan 2019	0	30	46.03	3.23	$97
Dec 2018	0	30	46.59	4.19	$126
Nov 2018	0	30	52.93	4.24	$127
Oct 2018	0	30	61.44	3.40	$102
Sep 2018	0	30	59.54	3.11	$93
Aug 2018	0	30	59.40	3.07	$92
Jul 2018	0	30	65.14	2.93	$88
Jun 2018	162	30	60.18	3.08	$9,841
May 2018	0	30	65.38	2.90	$87
Apr 2018	0	30	63.84	2.90	$87
Mar 2018	0	30	61.22	2.79	$84
Feb 2018	0	30	61.78	2.77	$83
Jan 2018	0	30	62.87	4.01	$120
Dec 2017	0	30	57.27	2.92	$88
Nov 2017	0	30	55.42	3.12	$94
Oct 2017	166	30	49.29	2.98	$8,272
Sep 2017	0	30	47.52	3.09	$93
Aug 2017	0	30	45.37	3.00	$90
Jul 2017	0	30	43.87	3.09	$93
Jun 2017	0	30	42.49	3.09	$93
May 2017	0	30	45.37	3.26	$98
Apr 2017	0	30	47.93	3.21	$96
Mar 2017	166	30	46.77	2.98	$7,853
Feb 2017	0	30	50.45	2.95	$89
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	30	48.76	3.72	$112
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	30	46.19	3.09	$93
Sep 2016	0	30	41.55	3.10	$93
Aug 2016	0	30	41.44	2.92	$88
Jul 2016	179	30	41.62	2.92	$7,538
Jun 2016	0	30	45.35	2.69	$81
May 2016	0	30	42.52	1.99	$60
Apr 2016	0	30	36.56	1.99	$60
Mar 2016	0	30	33.01	1.79	$54
Feb 2016	0	30	26.47	2.06	$62
Jan 2016	0	30	27.35	2.36	$71
Dec 2015	0	30	32.36	2.00	$60
Nov 2015	0	30	38.79	2.17	$65
Oct 2015	0	30	43.55	2.43	$73
Sep 2015	164	30	42.99	2.76	$7,133
Aug 2015	0	30	40.16	2.87	$86
Jul 2015	0	30	48.15	2.95	$88
Jun 2015	0	30	56.15	2.88	$86
May 2015	0	30	55.21	2.96	$89
Apr 2015	0	30	49.82	2.71	$81
Mar 2015	0	30	42.89	2.93	$88
Feb 2015	0	30	44.66	2.98	$89
Jan 2015	0	30	43.43	3.10	$93
Dec 2014	155	30	54.69	3.59	$8,585
Nov 2014	0	30	70.46	4.25	$128
Oct 2014	0	30	78.30	3.90	$117
Sep 2014	0	30	86.16	4.05	$121
Aug 2014	0	30	89.39	4.04	$121
Jul 2014	163	30	96.56	4.18	$15,865
Jun 2014	0	30	98.16	4.74	$142
May 2014	0	35	94.73	4.73	$165
Apr 2014	0	30	95.94	4.81	$144
Mar 2014	0	30	95.89	5.06	$152
Feb 2014	0	30	97.40	6.19	$186
Jan 2014	0	30	90.40	4.86	$146
Dec 2013	0	30	91.82	4.35	$131
Nov 2013	0	30	88.85	3.74	$112
Oct 2013	0	30	97.42	3.78	$113
Sep 2013	0	30	104.11	3.72	$112
Aug 2013	0	30	104.25	3.52	$106
Jul 2013	0	30	102.52	3.72	$112
Jun 2013	160	30	94.40	3.93	$15,222
May 2013	0	30	94.83	4.15	$124
Apr 2013	0	30	93.96	4.28	$128
Mar 2013	0	30	93.62	3.91	$117
Feb 2013	0	30	91.23	3.42	$103
Jan 2013	0	30	91.60	3.42	$103
Dec 2012	0	30	86.77	3.42	$103
Nov 2012	0	30	86.95	3.62	$109
Oct 2012	0	30	89.38	3.40	$102
Sep 2012	163	30	94.67	2.92	$15,519
Aug 2012	0	30	92.66	2.91	$87
Jul 2012	0	30	85.13	3.02	$91
Jun 2012	0	30	79.82	2.52	$76
May 2012	0	30	91.61	2.49	$75
Apr 2012	0	30	101.65	2.00	$60
Mar 2012	0	30	105.05	2.22	$67
Feb 2012	0	30	101.10	2.57	$77
Jan 2012	176	30	98.09	2.73	$17,346
Dec 2011	0	30	96.87	3.24	$97
Nov 2011	0	30	95.72	3.31	$99
Oct 2011	0	30	84.98	3.65	$109
Sep 2011	0	30	83.62	3.99	$120
Aug 2011	0	30	83.40	4.15	$124
Jul 2011	0	30	94.14	4.52	$136
Jun 2011	0	30	92.90	4.64	$139
May 2011	169	30	98.13	4.40	$16,716
Apr 2011	0	30	105.96	4.33	$130
Mar 2011	0	30	96.36	4.06	$122
Feb 2011	0	30	85.64	4.18	$125
Jan 2011	0	30	86.50	4.59	$138
Dec 2010	0	30	85.73	4.35	$130
Nov 2010	0	35	80.84	3.80	$133
Oct 2010	164	30	78.10	3.51	$12,914
Sep 2010	0	35	72.63	3.98	$139
Aug 2010	0	35	73.68	4.42	$155
Jul 2010	0	35	72.55	4.74	$166
Jun 2010	0	35	70.36	4.91	$172
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	35	81.69	4.12	$144
Mar 2010	177	35	78.39	4.39	$14,029
Feb 2010	0	35	73.58	5.44	$190
Jan 2010	0	35	74.36	5.96	$209
Dec 2009	0	35	71.44	5.48	$192
Nov 2009	0	35	74.59	3.75	$131
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	35	65.54	3.06	$107
Aug 2009	174	35	67.42	3.22	$11,844
Jul 2009	0	35	61.13	3.46	$121
Jun 2009	0	35	66.16	3.90	$136
May 2009	0	35	54.74	3.93	$137
Apr 2009	0	35	46.77	3.59	$126
Mar 2009	0	35	42.14	4.06	$142
Feb 2009	0	35	32.81	4.63	$162
Jan 2009	0	35	35.86	5.37	$188
Dec 2008	173	35	37.10	5.98	$6,628
Nov 2008	0	30	55.49	6.86	$206
Oct 2008	0	35	75.24	6.92	$242
Sep 2008	0	35	101.76	7.88	$276
Aug 2008	0	35	114.22	8.48	$297
Jul 2008	0	35	131.08	11.39	$399
Jun 2008	0	35	131.33	13.03	$456
May 2008	0	35	123.17	11.57	$405
Apr 2008	164	35	110.31	10.45	$18,457
Mar 2008	0	35	101.90	9.66	$338
Feb 2008	175	35	92.53	8.77	$16,500
Jan 2008	0	35	90.38	8.21	$287
Dec 2007	0	35	88.33	7.30	$256
Nov 2007	0	35	91.67	7.29	$255
Oct 2007	0	35	82.85	6.92	$242
Sep 2007	0	35	75.84	6.24	$219
Aug 2007	0	35	69.06	6.39	$224
Jul 2007	0	35	70.90	6.39	$224
Jun 2007	0	35	62.00	7.55	$264
May 2007	0	35	58.74	7.85	$275
Apr 2007	0	35	59.61	7.81	$273
Mar 2007	0	35	56.92	7.30	$256
Feb 2007	0	35	55.10	8.22	$288
Jan 2007	0	35	50.30	6.73	$235
Dec 2006	0	35	56.65	6.92	$242
Nov 2006	0	35	54.20	7.62	$267
Oct 2006	168	35	54.90	6.01	$9,434
Sep 2006	0	35	60.08	5.04	$176
Aug 2006	0	35	68.71	7.34	$257
Jul 2006	0	35	69.37	6.34	$222
Jun 2006	0	35	66.28	6.38	$223
May 2006	0	35	66.01	6.42	$225
Apr 2006	0	35	64.39	7.36	$258
Mar 2006	0	35	56.70	7.08	$248
Feb 2006	0	35	57.59	7.75	$271
Jan 2006	162	35	60.59	8.93	$10,128
Dec 2005	0	35	54.94	13.42	$470
Nov 2005	0	35	54.69	10.59	$371
Oct 2005	0	35	58.34	13.80	$483
Sep 2005	0	35	61.45	12.08	$423
Aug 2005	0	35	61.51	9.80	$343
Jul 2005	0	35	55.69	7.84	$275
Jun 2005	163	35	52.33	7.38	$8,788
May 2005	0	35	45.22	6.65	$233
Apr 2005	0	35	49.20	7.36	$258
Mar 2005	0	35	50.37	7.15	$250
Feb 2005	0	35	45.22	6.31	$221
Jan 2005	0	35	43.16	6.32	$221
Dec 2004	0	35	39.86	6.75	$236
Nov 2004	153	35	45.28	6.33	$7,149
Oct 2004	0	35	49.70	6.52	$228
Sep 2004	0	35	43.24	5.28	$185
Aug 2004	0	35	42.37	5.55	$194
Jul 2004	0	35	38.28	6.08	$213
Jun 2004	0	35	36.10	6.43	$225
May 2004	0	35	37.48	6.49	$227
Apr 2004	165	35	34.47	5.86	$5,893
Mar 2004	0	35	34.36	5.53	$194
Feb 2004	0	35	32.45	5.51	$193
Jan 2004	0	35	32.03	6.30	$220
Dec 2003	0	35	30.26	6.30	$221
Nov 2003	0	35	28.80	4.60	$161
Oct 2003	0	35	28.17	4.76	$167
Sep 2003	158	35	26.31	4.75	$4,323
Aug 2003	0	35	29.76	5.13	$180
Jul 2003	0	35	29.41	5.17	$181
Jun 2003	0	35	28.56	5.98	$209
May 2003	0	35	26.59	5.97	$209
Apr 2003	0	35	26.67	5.41	$189
Mar 2003	165	35	31.14	6.10	$5,351
Feb 2003	0	35	33.48	7.93	$277
Jan 2003	0	35	30.31	5.58	$195
Dec 2002	0	35	26.91	4.85	$170
Nov 2002	0	35	24.66	4.14	$145
Oct 2002	0	35	26.46	4.23	$148
Sep 2002	0	35	27.44	3.64	$127
Aug 2002	166	35	25.96	3.16	$4,420
Jul 2002	0	35	24.58	3.06	$107
Jun 2002	0	35	23.73	3.34	$117
May 2002	0	35	24.66	3.58	$125
Apr 2002	0	35	23.65	3.51	$123
Mar 2002	0	35	22.00	3.10	$109
Feb 2002	160	35	18.22	2.38	$2,998
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	35	16.93	2.36	$83
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	162	1	24.87	3.05	$4,032
Jul 2001	0	35	23.93	3.20	$112
Jun 2001	0	35	24.56	3.82	$134
May 2001	0	35	25.52	4.31	$151
Apr 2001	0	35	24.68	5.34	$187
Mar 2001	0	35	24.54	5.38	$188
Feb 2001	0	35	27.75	5.77	$202
Jan 2001	174	0	27.47	8.40	$4,780
Dec 2000	0	35	26.88	9.12	$319
Nov 2000	0	35	32.21	5.66	$198
Oct 2000	0	35	31.23	5.15	$180
Sep 2000	0	35	31.87	5.19	$182
Aug 2000	0	35	29.64	4.54	$159
Jul 2000	157	35	28.53	4.09	$4,622
Jun 2000	0	28	29.30	4.40	$123
May 2000	0	28	27.26	3.68	$103
Apr 2000	0	28	24.51	3.12	$87
Mar 2000	0	28	28.42	2.86	$80
Feb 2000	166	35	27.62	2.73	$4,680
Jan 2000	0	1	25.27	2.48	$2
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	1	21.75	2.62	$3
Aug 1999	156	1	19.26	2.88	$3,007
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	0	1	15.94	2.36	$2
May 1999	0	1	15.79	2.32	$2
Apr 1999	0	1	15.10	2.21	$2
Mar 1999	153	1	12.47	1.84	$1,910
Feb 1999	0	1	9.98	1.82	$2
Jan 1999	0	1	10.38	1.90	$2
Dec 1998	175	1	9.20	1.77	$1,612
Nov 1998	0	1	10.89	2.19	$2
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	0	1	12.59	2.08	$2
Aug 1998	0	1	11.30	1.91	$2
Jul 1998	0	1	11.74	2.24	$2
Jun 1998	0	1	11.24	2.24	$2
May 1998	0	1	12.62	2.21	$2
Apr 1998	152	1	13.04	2.51	$1,985
Mar 1998	0	1	12.80	2.31	$2
Feb 1998	0	1	13.95	2.30	$2
Jan 1998	0	1	14.70	2.15	$2
Dec 1997	0	1	16.32	2.41	$2
Nov 1997	0	1	18.19	3.09	$3
Oct 1997	165	1	19.25	3.15	$3,179
Sep 1997	0	1	17.74	2.95	$3
Aug 1997	0	1	17.86	2.55	$3
Jul 1997	0	1	17.58	2.25	$2
Jun 1997	0	1	17.24	2.26	$2
May 1997	157	1	18.97	2.31	$2,981
Apr 1997	0	1	17.88	2.08	$2
Mar 1997	0	1	18.95	1.94	$2
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	174	1	23.32	—	$4,058
Nov 1996	0	1	21.97	—	$0
Oct 1996	0	1	23.31	—	$0
Sep 1996	0	1	22.22	—	$0
Aug 1996	0	1	20.26	—	$0
Jul 1996	170	1	19.55	—	$3,324
Jun 1996	0	1	18.73	—	$0
May 1996	0	1	19.43	—	$0
Apr 1996	0	1	21.51	—	$0
Mar 1996	166	1	19.38	—	$3,217
Feb 1996	0	1	16.98	—	$0
Jan 1996	0	1	17.07	—	$0
Dec 1995	0	1	17.19	—	$0
Nov 1995	178	1	16.00	—	$2,848
Oct 1995	0	1	15.43	—	$0
Sep 1995	0	1	16.18	—	$0
Aug 1995	173	1	15.92	—	$2,754
Jul 1995	0	1	15.24	—	$0
Jun 1995	0	4	16.41	—	$0
May 1995	0	4	17.56	—	$0
Apr 1995	0	4	17.73	—	$0
Mar 1995	0	4	16.44	—	$0
Feb 1995	0	4	16.58	—	$0
Jan 1995	0	4	15.92	—	$0
Dec 1994	0	4	15.03	—	$0
Nov 1994	0	4	15.90	—	$0
Oct 1994	0	4	15.58	—	$0
Sep 1994	0	4	15.29	—	$0
Aug 1994	136	4	16.13	—	$2,194
Jul 1994	0	4	17.56	—	$0
Jun 1994	0	4	17.09	—	$0
May 1994	0	4	15.88	—	$0
Apr 1994	129	4	14.14	—	$1,824
Mar 1994	0	4	12.46	—	$0
Feb 1994	0	4	12.50	—	$0
Jan 1994	157	4	12.66	—	$1,988
Dec 1993	0	4	12.33	—	$0
Nov 1993	0	4	14.49	—	$0
Oct 1993	0	4	15.85	—	$0
Sep 1993	0	4	15.03	—	$0
Aug 1993	149	4	15.66	—	$2,333
Jul 1993	0	4	15.46	—	$0
Jun 1993	0	4	16.79	—	$0
May 1993	0	4	17.68	—	$0
Apr 1993	167	4	18.05	—	$3,014
Mar 1993	0	4	18.14	—	$0
Feb 1993	0	4	17.90	—	$0
Jan 1993	0	4	16.93	—	$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.

Mar 2026 — as filed, then multipliedworked

Oil                  172 bbl  × $ 89.75 =    $15,437
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $15,437

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/O/10703 is the state's own key, not one this site invented.