UNIVERSITY 30-28A

Name: UNIVERSITY 30-28A lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by EPIC PERMIAN OPERATING, LLC (P-5 253404) in the UNIVERSITY 30 (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11278District 7CField 92624300NGPA filingOilCasinghead gasSave Export

Value, all time

$1.2 M

Jan 1993 – Jan 2023

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

361

no gaps in the span

Streams

oil, casinghead gas

The UNIVERSITY 30 (CANYON) 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered

1985-04-01

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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
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
Oil	Disposition	15,494 bbl	$621,871
Casinghead gas	Production	151,364 Mcf	$560,737
Total			$1,182,609

22,222 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 30.7117, -101.4853. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.71174, -101.48534 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,000 ft

1 wells filed one

Completion to plug

37.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 7,000 ft.

Completions filed

Jan 1985

1 of 1 wells

Plug dates filed

Oct 2022

1 of 1 wells

Last completion to plug: a median of 37.8 years across the 1 well that filed both dates, with the middle half between 37.8 years and 37.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10534932	1	7,000 ft	Jan 1985	Oct 2022	Yes

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 (361)

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

361 months


Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	77	0	108.88	5.08	$8,384
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	175	0	63.48	3.02	$11,109
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	3	57.80	5.55	$17
Jan 2021	173	4	50.41	2.81	$8,732
Dec 2020	0	6	44.64	2.68	$16
Nov 2020	0	32	38.77	2.71	$87
Oct 2020	144	0	36.97	2.48	$5,324
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	93	73	34.90	1.69	$3,369
May 2020	0	208	16.92	1.81	$377
Apr 2020	0	32	14.75	1.80	$58
Mar 2020	0	251	30.34	1.86	$466
Feb 2020	89	197	49.88	1.98	$4,830
Jan 2020	0	340	57.25	2.09	$712
Dec 2019	93	214	59.01	2.30	$5,981
Nov 2019	0	137	55.30	2.75	$377
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	278	55.05	2.66	$739
Aug 2019	71	273	53.11	2.30	$4,400
Jul 2019	0	100	56.27	2.46	$246
Jun 2019	0	75	52.78	2.49	$187
May 2019	0	156	58.48	2.74	$427
Apr 2019	0	120	62.63	2.75	$330
Mar 2019	0	336	56.80	3.06	$1,029
Feb 2019	0	356	50.85	2.79	$994
Jan 2019	0	412	46.03	3.23	$1,330
Dec 2018	0	366	46.59	4.19	$1,532
Nov 2018	153	361	52.93	4.24	$9,628
Oct 2018	0	416	61.44	3.40	$1,414
Sep 2018	0	395	59.54	3.11	$1,228
Aug 2018	142	415	59.40	3.07	$9,707
Jul 2018	0	411	65.14	2.93	$1,205
Jun 2018	0	410	60.18	3.08	$1,262
May 2018	0	382	65.38	2.90	$1,108
Apr 2018	142	403	63.84	2.90	$10,234
Mar 2018	0	421	61.22	2.79	$1,173
Feb 2018	0	385	61.78	2.77	$1,065
Jan 2018	0	445	62.87	4.01	$1,784
Dec 2017	0	397	57.27	2.92	$1,160
Nov 2017	170	324	55.42	3.12	$10,432
Oct 2017	0	392	49.29	2.98	$1,170
Sep 2017	0	405	47.52	3.09	$1,250
Aug 2017	0	451	45.37	3.00	$1,355
Jul 2017	0	465	43.87	3.09	$1,436
Jun 2017	168	444	42.49	3.09	$8,509
May 2017	0	442	45.37	3.26	$1,442
Apr 2017	0	450	47.93	3.21	$1,445
Mar 2017	0	465	46.77	2.98	$1,387
Feb 2017	0	401	50.45	2.95	$1,184
Jan 2017	171	460	49.41	3.42	$10,022
Dec 2016	0	509	48.76	3.72	$1,895
Nov 2016	0	484	42.49	2.64	$1,280
Oct 2016	0	737	46.19	3.09	$2,278
Sep 2016	0	451	41.55	3.10	$1,398
Aug 2016	123	445	41.44	2.92	$6,398
Jul 2016	0	422	41.62	2.92	$1,234
Jun 2016	0	394	45.35	2.69	$1,058
May 2016	0	391	42.52	1.99	$779
Apr 2016	0	394	36.56	1.99	$784
Mar 2016	118	704	33.01	1.79	$5,158
Feb 2016	0	650	26.47	2.06	$1,341
Jan 2016	0	625	27.35	2.36	$1,478
Dec 2015	0	668	32.36	2.00	$1,337
Nov 2015	115	738	38.79	2.17	$6,060
Oct 2015	0	729	43.55	2.43	$1,769
Sep 2015	0	440	42.99	2.76	$1,214
Aug 2015	0	517	40.16	2.87	$1,485
Jul 2015	113	403	48.15	2.95	$6,628
Jun 2015	0	398	56.15	2.88	$1,147
May 2015	0	434	55.21	2.96	$1,283
Apr 2015	0	403	49.82	2.71	$1,091
Mar 2015	134	634	42.89	2.93	$7,608
Feb 2015	0	598	44.66	2.98	$1,780
Jan 2015	0	647	43.43	3.10	$2,006
Dec 2014	114	638	54.69	3.59	$8,526
Nov 2014	0	631	70.46	4.25	$2,683
Oct 2014	0	767	78.30	3.90	$2,992
Sep 2014	0	221	86.16	4.05	$894
Aug 2014	55	431	89.39	4.04	$6,656
Jul 2014	0	455	96.56	4.18	$1,902
Jun 2014	0	406	98.16	4.74	$1,923
May 2014	158	0	94.73	4.73	$14,967
Apr 2014	0	439	95.94	4.81	$2,111
Mar 2014	0	752	95.89	5.06	$3,803
Feb 2014	0	739	97.40	6.19	$4,576
Jan 2014	0	892	90.40	4.86	$4,336
Dec 2013	144	904	91.82	4.35	$17,159
Nov 2013	0	1,075	88.85	3.74	$4,019
Oct 2013	0	950	97.42	3.78	$3,590
Sep 2013	0	525	104.11	3.72	$1,952
Aug 2013	142	544	104.25	3.52	$16,720
Jul 2013	0	564	102.52	3.72	$2,097
Jun 2013	0	453	94.40	3.93	$1,782
May 2013	123	497	94.83	4.15	$13,726
Apr 2013	0	548	93.96	4.28	$2,347
Mar 2013	0	590	93.62	3.91	$2,309
Feb 2013	0	626	91.23	3.42	$2,141
Jan 2013	152	702	91.60	3.42	$16,324
Dec 2012	0	650	86.77	3.42	$2,223
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	144	0	89.38	3.40	$12,871
Sep 2012	0	348	94.67	2.92	$1,016
Aug 2012	0	311	92.66	2.91	$904
Jul 2012	0	450	85.13	3.02	$1,359
Jun 2012	0	516	79.82	2.52	$1,300
May 2012	96	487	91.61	2.49	$10,006
Apr 2012	0	374	101.65	2.00	$747
Mar 2012	0	701	105.05	2.22	$1,558
Feb 2012	0	642	101.10	2.57	$1,650
Jan 2012	125	655	98.09	2.73	$14,052
Dec 2011	0	727	96.87	3.24	$2,355
Nov 2011	0	696	95.72	3.31	$2,305
Oct 2011	0	678	84.98	3.65	$2,474
Sep 2011	164	363	83.62	3.99	$15,161
Aug 2011	0	384	83.40	4.15	$1,593
Jul 2011	0	401	94.14	4.52	$1,811
Jun 2011	0	395	92.90	4.64	$1,833
May 2011	0	409	98.13	4.40	$1,802
Apr 2011	111	426	105.96	4.33	$13,608
Mar 2011	0	926	96.36	4.06	$3,757
Feb 2011	0	830	85.64	4.18	$3,469
Jan 2011	0	958	86.50	4.59	$4,396
Dec 2010	108	956	85.73	4.35	$13,415
Nov 2010	0	917	80.84	3.80	$3,480
Oct 2010	0	916	78.10	3.51	$3,214
Sep 2010	148	944	72.63	3.98	$14,506
Aug 2010	0	523	73.68	4.42	$2,311
Jul 2010	0	1,143	72.55	4.74	$5,414
Jun 2010	0	581	70.36	4.91	$2,853
May 2010	110	545	71.12	4.24	$10,131
Apr 2010	0	566	81.69	4.12	$2,333
Mar 2010	0	1,023	78.39	4.39	$4,490
Feb 2010	0	837	73.58	5.44	$4,555
Jan 2010	118	992	74.36	5.96	$14,691
Dec 2009	0	470	71.44	5.48	$2,577
Nov 2009	0	442	74.59	3.75	$1,658
Oct 2009	108	388	72.54	4.11	$9,429
Sep 2009	0	436	65.54	3.06	$1,336
Aug 2009	0	509	67.42	3.22	$1,638
Jul 2009	75	422	61.13	3.46	$6,047
Jun 2009	0	402	66.16	3.90	$1,566
May 2009	0	440	54.74	3.93	$1,727
Apr 2009	111	381	46.77	3.59	$6,558
Mar 2009	0	357	42.14	4.06	$1,449
Feb 2009	0	322	32.81	4.63	$1,492
Jan 2009	0	389	35.86	5.37	$2,089
Dec 2008	89	362	37.10	5.98	$5,466
Nov 2008	0	346	55.49	6.86	$2,374
Oct 2008	0	380	75.24	6.92	$2,630
Sep 2008	0	213	101.76	7.88	$1,678
Aug 2008	92	215	114.22	8.48	$12,332
Jul 2008	0	388	131.08	11.39	$4,419
Jun 2008	0	353	131.33	13.03	$4,601
May 2008	0	388	123.17	11.57	$4,491
Apr 2008	84	356	110.31	10.45	$12,988
Mar 2008	0	358	101.90	9.66	$3,460
Feb 2008	0	346	92.53	8.77	$3,035
Jan 2008	0	382	90.38	8.21	$3,135
Dec 2007	81	417	88.33	7.30	$10,200
Nov 2007	0	418	91.67	7.29	$3,048
Oct 2007	0	424	82.85	6.92	$2,935
Sep 2007	85	377	75.84	6.24	$8,800
Aug 2007	0	426	69.06	6.39	$2,721
Jul 2007	0	439	70.90	6.39	$2,804
Jun 2007	0	404	62.00	7.55	$3,050
May 2007	135	442	58.74	7.85	$11,398
Apr 2007	0	429	59.61	7.81	$3,348
Mar 2007	0	416	56.92	7.30	$3,038
Feb 2007	144	379	55.10	8.22	$11,048
Jan 2007	0	425	50.30	6.73	$2,859
Dec 2006	164	447	56.65	6.92	$12,383
Nov 2006	0	440	54.20	7.62	$3,352
Oct 2006	0	333	54.90	6.01	$2,003
Sep 2006	0	441	60.08	5.04	$2,221
Aug 2006	167	357	68.71	7.34	$14,095
Jul 2006	0	480	69.37	6.34	$3,045
Jun 2006	0	640	66.28	6.38	$4,086
May 2006	151	588	66.01	6.42	$13,745
Apr 2006	0	611	64.39	7.36	$4,497
Mar 2006	0	794	56.70	7.08	$5,624
Feb 2006	160	717	57.59	7.75	$14,772
Jan 2006	0	846	60.59	8.93	$7,558
Dec 2005	136	731	54.94	13.42	$17,279
Nov 2005	67	452	54.69	10.59	$8,450
Oct 2005	0	66	58.34	13.80	$911
Sep 2005	76	463	61.45	12.08	$10,263
Aug 2005	0	403	61.51	9.80	$3,948
Jul 2005	0	564	55.69	7.84	$4,424
Jun 2005	0	569	52.33	7.38	$4,200
May 2005	0	493	45.22	6.65	$3,279
Apr 2005	0	598	49.20	7.36	$4,402
Mar 2005	0	630	50.37	7.15	$4,508
Feb 2005	168	694	45.22	6.31	$11,977
Jan 2005	0	688	43.16	6.32	$4,350
Dec 2004	0	389	39.86	6.75	$2,626
Nov 2004	173	303	45.28	6.33	$9,752
Oct 2004	0	520	49.70	6.52	$3,388
Sep 2004	0	165	43.24	5.28	$872
Aug 2004	0	276	42.37	5.55	$1,532
Jul 2004	171	251	38.28	6.08	$8,073
Jun 2004	0	235	36.10	6.43	$1,512
May 2004	0	252	37.48	6.49	$1,637
Apr 2004	148	234	34.47	5.86	$6,472
Mar 2004	0	489	34.36	5.53	$2,704
Feb 2004	0	438	32.45	5.51	$2,413
Jan 2004	151	506	32.03	6.30	$8,024
Dec 2003	0	518	30.26	6.30	$3,264
Nov 2003	152	535	28.80	4.60	$6,836
Oct 2003	0	522	28.17	4.76	$2,485
Sep 2003	0	248	26.31	4.75	$1,178
Aug 2003	165	229	29.76	5.13	$6,085
Jul 2003	0	252	29.41	5.17	$1,303
Jun 2003	170	407	28.56	5.98	$7,290
May 2003	0	297	26.59	5.97	$1,774
Apr 2003	0	181	26.67	5.41	$979
Mar 2003	177	377	31.14	6.10	$7,810
Feb 2003	0	217	33.48	7.93	$1,720
Jan 2003	0	337	30.31	5.58	$1,881
Dec 2002	167	291	26.91	4.85	$5,906
Nov 2002	0	383	24.66	4.14	$1,584
Oct 2002	148	439	26.46	4.23	$5,773
Sep 2002	0	356	27.44	3.64	$1,294
Aug 2002	0	381	25.96	3.16	$1,206
Jul 2002	0	511	24.58	3.06	$1,565
Jun 2002	324	666	23.73	3.34	$9,912
May 2002	0	707	24.66	3.58	$2,534
Apr 2002	0	583	23.65	3.51	$2,048
Mar 2002	0	687	22.00	3.10	$2,132
Feb 2002	0	543	18.22	2.38	$1,290
Jan 2002	0	510	17.17	2.38	$1,212
Dec 2001	0	522	16.93	2.36	$1,234
Nov 2001	0	547	18.07	2.41	$1,316
Oct 2001	0	493	19.78	2.53	$1,247
Sep 2001	170	290	24.26	2.25	$4,777
Aug 2001	0	324	24.87	3.05	$989
Jul 2001	0	374	23.93	3.20	$1,196
Jun 2001	167	288	24.56	3.82	$5,203
May 2001	0	261	25.52	4.31	$1,124
Apr 2001	0	289	24.68	5.34	$1,542
Mar 2001	175	503	24.54	5.38	$6,999
Feb 2001	0	375	27.75	5.77	$2,163
Jan 2001	0	319	27.47	8.40	$2,679
Dec 2000	0	389	26.88	9.12	$3,549
Nov 2000	0	374	32.21	5.66	$2,116
Oct 2000	0	368	31.23	5.15	$1,894
Sep 2000	166	294	31.87	5.19	$6,815
Aug 2000	0	398	29.64	4.54	$1,807
Jul 2000	168	155	28.53	4.09	$5,427
Jun 2000	0	204	29.30	4.40	$897
May 2000	0	1,698	27.26	3.68	$6,248
Apr 2000	0	351	24.51	3.12	$1,094
Mar 2000	167	313	28.42	2.86	$5,641
Feb 2000	0	317	27.62	2.73	$864
Jan 2000	170	343	25.27	2.48	$5,147
Dec 1999	0	297	24.28	2.42	$720
Nov 1999	0	399	23.19	2.43	$971
Oct 1999	164	378	20.98	2.80	$4,501
Sep 1999	0	368	21.75	2.62	$964
Aug 1999	0	481	19.26	2.88	$1,383
Jul 1999	168	446	17.89	2.37	$4,064
Jun 1999	0	388	15.94	2.36	$916
May 1999	168	426	15.79	2.32	$3,641
Apr 1999	0	403	15.10	2.21	$890
Mar 1999	169	372	12.47	1.84	$2,791
Feb 1999	179	310	9.98	1.82	$2,350
Jan 1999	0	382	10.38	1.90	$726
Dec 1998	0	475	9.20	1.77	$842
Nov 1998	176	484	10.89	2.19	$2,975
Oct 1998	0	615	12.42	1.97	$1,211
Sep 1998	170	668	12.59	2.08	$3,531
Aug 1998	0	522	11.30	1.91	$996
Jul 1998	0	362	11.74	2.24	$810
Jun 1998	0	375	11.24	2.24	$839
May 1998	185	335	12.62	2.21	$3,074
Apr 1998	0	391	13.04	2.51	$980
Mar 1998	0	549	12.80	2.31	$1,268
Feb 1998	0	372	13.95	2.30	$855
Jan 1998	165	415	14.70	2.15	$3,320
Dec 1997	0	411	16.32	2.41	$991
Nov 1997	0	414	18.19	3.09	$1,279
Oct 1997	174	357	19.25	3.15	$4,474
Sep 1997	0	382	17.74	2.95	$1,129
Aug 1997	0	390	17.86	2.55	$996
Jul 1997	191	308	17.58	2.25	$4,050
Jun 1997	0	370	17.24	2.26	$835
May 1997	0	431	18.97	2.31	$995
Apr 1997	188	379	17.88	2.08	$4,151
Mar 1997	7	493	18.95	1.94	$1,089
Feb 1997	169	480	20.49	2.21	$4,522
Jan 1997	0	461	23.48	3.54	$1,632
Dec 1996	0	449	23.32	—	$0
Nov 1996	174	391	21.97	—	$3,823
Oct 1996	0	449	23.31	—	$0
Sep 1996	169	498	22.22	—	$3,755
Aug 1996	0	569	20.26	—	$0
Jul 1996	166	480	19.55	—	$3,245
Jun 1996	0	279	18.73	—	$0
May 1996	169	509	19.43	—	$3,284
Apr 1996	0	517	21.51	—	$0
Mar 1996	0	570	19.38	—	$0
Feb 1996	159	439	16.98	—	$2,700
Jan 1996	0	381	17.07	—	$0
Dec 1995	164	436	17.19	—	$2,819
Nov 1995	0	535	16.00	—	$0
Oct 1995	164	255	15.43	—	$2,531
Sep 1995	0	519	16.18	—	$0
Aug 1995	164	564	15.92	—	$2,611
Jul 1995	0	358	15.24	—	$0
Jun 1995	0	390	16.41	—	$0
May 1995	150	827	17.56	—	$2,634
Apr 1995	0	557	17.73	—	$0
Mar 1995	164	840	16.44	—	$2,696
Feb 1995	162	919	16.58	—	$2,686
Jan 1995	0	258	15.92	—	$0
Dec 1994	168	310	15.03	—	$2,525
Nov 1994	0	363	15.90	—	$0
Oct 1994	174	369	15.58	—	$2,711
Sep 1994	0	335	15.29	—	$0
Aug 1994	0	337	16.13	—	$0
Jul 1994	175	237	17.56	—	$3,073
Jun 1994	0	1,088	17.09	—	$0
May 1994	177	415	15.88	—	$2,811
Apr 1994	2	264	14.14	—	$28
Mar 1994	170	311	12.46	—	$2,118
Feb 1994	0	334	12.50	—	$0
Jan 1994	177	517	12.66	—	$2,241
Dec 1993	0	321	12.33	—	$0
Nov 1993	0	520	14.49	—	$0
Oct 1993	0	220	15.85	—	$0
Sep 1993	173	236	15.03	—	$2,600
Aug 1993	0	273	15.66	—	$0
Jul 1993	0	634	15.46	—	$0
Jun 1993	173	482	16.79	—	$2,905
May 1993	0	666	17.68	—	$0
Apr 1993	167	550	18.05	—	$3,014
Mar 1993	0	569	18.14	—	$0
Feb 1993	162	614	17.90	—	$2,900
Jan 1993	0	268	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 2022 — as filed, then multipliedworked

Oil                   77 bbl  × $108.88 =     $8,384
Casinghead gas         0 Mcf  × $  5.08 =         $0

────────────────────────────────────────────────────
Month total                                   $8,384

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/11278 is the state's own key, not one this site invented.