SAU 5

Operated by APACHE CORPORATION (P-5 27200) 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 12324District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$59.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA4none

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.

StreamBasisVolumeValue
OilDisposition778,976 bbl$40,344,077
Casinghead gasProduction4,570,088 Mcf$18,896,772
Total$59,240,849

468,538 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 (26)

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 31.4740, -101.6409. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.47391, -101.64105 · centre of the wells drawn, derived

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
34.6%
9 of 26 wells
With a plug date
34.6%
9 of 26 wells
Median depth
8,130 ft
25 wells filed one
Completion to plug
10.8 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
934.6%
A plug date is filed
934.6%
BothOn the schedule and plugged. Neither fact cancels the other.
934.6%
NeitherNo plug date, and not on the schedule.
1765.4%

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

Total depth in feet, 25 of 26 wells. Median 8,130 ft, with the middle half between 8,078 and 8,225 ft; the shallowest is 7,238 ft and the deepest 8,300 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 24 of 26 wells, Nov 1953 – Jun 2019. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1953 – Jun 2019
24 of 26 wells; 2 filed none
Plug dates filed
Apr 2016 – May 2021
9 of 26 wells; 17 filed none

Last completion to plug: a median of 10.8 years across the 8 wells that filed both dates, with the middle half between 16 months and 26.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

26 wells

42-3830145015147,238 ftApr 2016Yes
42-383015371511
42-383352423A8,215 ftJun 2019Dec 2020Yes
42-383352414B8,250 ftFeb 2019Sep 2019Yes
42-383352451B8,142 ftFeb 2019Oct 2019Yes
42-383352331A8,225 ftApr 2018May 2021Yes
42-3830144715D7,995 ftMar 2017
42-383389243E8,132 ftOct 2014
42-383385842G8,130 ftAug 2014
42-383385712H8,141 ftMar 2014
42-383378472F8,105 ftJan 2014
42-383378452D8,078 ftNov 2013
42-383378464D8,040 ftJun 2013
42-383378034C8,300 ftSep 2012
42-383377241C8,117 ftJul 2012
42-383377253C8,208 ftJun 2012
42-383359002C8,120 ftFeb 2007
42-383352393B8,258 ftMar 2003
42-383352404A8,235 ftFeb 2003
42-383352442A8,225 ftJan 2003
42-383352432B8,225 ftDec 2002Apr 2021Yes
42-3833402848,049 ftOct 1990Apr 2016Yes
42-3833399438,100 ftMar 1990Mar 2018Yes
42-3833387128,029 ftOct 1988
42-3833384718,113 ftNov 1987
42-3830157215127,250 ftNov 1953Apr 2017Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220210101.587.54$1,584
Jun 20220747115.097.98$5,959
May 20220782109.378.43$6,595
Apr 20220456104.226.84$3,118
Mar 20220130108.885.08$660
Feb 2022026991.054.86$1,307
Jan 2022028381.844.54$1,284
Dec 2021034571.323.90$1,345
Nov 202122538477.435.24$19,433
Oct 2021048079.795.71$2,743
Sep 202136350569.865.35$28,061
Aug 202101,30066.024.22$5,487
Jul 202102,11170.783.98$8,406
Jun 20213772,40369.493.38$34,321
May 20213692,71063.483.02$31,602
Apr 20213112,83860.362.76$26,600
Mar 20213613,55561.302.72$31,788
Feb 202102,94257.805.55$16,322
Jan 20216023,20250.412.81$39,345
Dec 20203603,11744.642.68$24,410
Nov 20203853,16938.772.71$23,504
Oct 20203673,42336.972.48$22,052
Sep 20203763,88337.091.99$21,677
Aug 20205874,06939.982.39$33,173
Jul 20207123,99238.371.83$34,605
Jun 20203474,02834.901.69$18,919
May 20203223,98316.921.81$12,676
Apr 20207444,64914.751.80$19,363
Mar 20209555,44030.341.86$39,073
Feb 20201,2545,32449.881.98$73,095
Jan 20208635,41357.252.09$60,746
Dec 20191,1215,28559.012.30$78,329
Nov 20193614,39255.302.75$32,044
Oct 20199668,20053.472.42$71,484
Sep 20193677,96055.052.66$41,355
Aug 20197128,74053.112.30$57,954
Jul 20198998,69156.272.46$71,967
Jun 20197118,52252.782.49$58,757
May 20191,2268,99158.482.74$96,335
Apr 20195818,39362.632.75$59,475
Mar 20191,0668,70756.803.06$87,211
Feb 20199557,76650.852.79$70,246
Jan 20196789,39346.033.23$61,531
Dec 20181,2779,66446.594.19$99,944
Nov 20181,2839,96352.934.24$110,125
Oct 20189939,69461.443.40$93,951
Sep 201887311,69659.543.11$88,330
Aug 20181,29813,20559.403.07$117,595
Jul 20181,73613,36565.142.93$152,268
Jun 20181,18713,32960.183.08$112,446
May 20181,26314,13065.382.90$123,563
Apr 20181,08313,86263.842.90$109,350
Mar 20181,66814,76061.222.79$143,249
Feb 20181,76713,61561.782.77$146,826
Jan 20181,63815,22762.874.01$164,031
Dec 20171,43315,98057.272.92$128,754
Nov 20172,20616,10355.423.12$172,471
Oct 20171,71216,99049.292.98$135,077
Sep 20171,45317,06247.523.09$121,722
Aug 20171,95617,04945.373.00$139,966
Jul 20171,73717,67143.873.09$130,758
Jun 20172,08916,77642.493.09$140,554
May 20172,01317,55045.373.26$148,602
Apr 20171,42117,65647.933.21$124,813
Mar 20172,55918,71546.772.98$175,524
Feb 20172,10417,45250.452.95$157,676
Jan 20172,08619,26049.413.42$168,915
Dec 20162,70019,61548.763.72$204,675
Nov 20162,19819,18042.492.64$144,112
Oct 20162,17420,18946.193.09$162,806
Sep 20162,38220,14141.553.10$161,422
Aug 20162,53720,82741.442.92$166,039
Jul 20162,50720,80641.622.92$165,185
Jun 20162,75820,68045.352.69$180,618
May 20162,41719,67742.521.99$141,949
Apr 20162,75919,65736.561.99$140,007
Mar 20162,18720,27533.011.79$108,566
Feb 20162,68619,44126.472.06$111,217
Jan 20163,45821,30027.352.36$144,937
Dec 20153,05521,84332.362.00$142,577
Nov 20152,59221,34338.792.17$146,801
Oct 20153,70122,54043.552.43$215,874
Sep 20153,25422,68742.992.76$202,470
Aug 20152,76523,89140.162.87$179,669
Jul 20153,61724,06548.152.95$245,032
Jun 20153,59522,80056.152.88$267,588
May 20153,47523,62555.212.96$261,677
Apr 20154,25523,71849.822.71$276,179
Mar 20154,30625,48642.892.93$259,478
Feb 20153,92022,54844.662.98$242,174
Jan 20153,97825,72243.433.10$252,519
Dec 20144,46025,64454.693.59$336,014
Nov 20145,54325,77070.464.25$500,130
Oct 20144,12223,75378.303.90$415,412
Sep 20144,45624,28286.164.05$482,160
Aug 20144,48523,32289.394.04$495,021
Jul 20144,32823,20796.564.18$514,908
Jun 20145,32222,31098.164.74$628,087
May 20145,69623,63794.734.73$651,304
Apr 20145,43423,23295.944.81$633,063
Mar 20145,80321,04795.895.06$662,880
Feb 20144,87917,54397.406.19$583,841
Jan 20144,49519,92390.404.86$503,188
Dec 20134,96117,24791.824.35$530,621
Nov 20133,06414,43088.853.74$326,180
Oct 20134,07818,94597.423.78$468,879
Sep 20132,96516,597104.113.72$370,389
Aug 20134,02518,626104.253.52$485,218
Jul 20133,98818,590102.523.72$477,963
Jun 20133,72518,56294.403.93$424,652
May 20133,28317,46494.834.15$383,786
Apr 20133,76217,52193.964.28$428,513
Mar 20133,95318,14993.623.91$441,095
Feb 20133,29314,56291.233.42$350,221
Jan 20134,01217,32491.603.42$426,746
Dec 20124,20019,31086.773.42$430,477
Nov 20124,46518,75986.953.62$456,232
Oct 20125,00919,53289.383.40$514,107
Sep 20123,30114,66094.672.92$355,289
Aug 20123,62116,87092.662.91$384,583
Jul 20123,64417,82485.133.02$364,056
Jun 20121,74010,00079.822.52$164,077
May 20121,11110,13891.612.49$127,005
Apr 20121,6509,055101.652.00$185,804
Mar 20129579,143105.052.22$120,849
Feb 20121,1588,973101.102.57$140,137
Jan 20121,7509,22898.092.73$196,888
Dec 20111,4158,14096.873.24$163,443
Nov 20119329,47895.723.31$120,595
Oct 20111,13310,06384.983.65$132,998
Sep 20111,1497,71583.623.99$126,830
Aug 20111,5609,83783.404.15$170,921
Jul 20111,76410,88094.144.52$215,211
Jun 20111,3099,25892.904.64$164,562
May 20111,92911,10098.134.40$238,186
Apr 20111,53410,955105.964.33$210,014
Mar 20111,81010,12096.364.06$215,472
Feb 20112,0408,65685.644.18$210,888
Jan 20111,3709,84486.504.59$163,677
Dec 20102,12711,54885.734.35$232,556
Nov 20101,84812,81080.843.80$198,011
Oct 20101,93913,44878.103.51$198,623
Sep 20101,35512,89772.633.98$149,737
Aug 20101,64313,75373.684.42$181,836
Jul 20102,41414,52872.554.74$243,947
Jun 20101,69314,28970.364.91$189,284
May 20101,98114,99771.124.24$204,404
Apr 20101,88114,23281.694.12$212,333
Mar 20102,03713,46778.394.39$218,783
Feb 20102,05611,64773.585.44$214,668
Jan 20102,16212,25874.365.96$233,874
Dec 20091,72611,54671.445.48$186,621
Nov 20091,99412,01974.593.75$193,822
Oct 20091,81512,78472.544.11$184,206
Sep 20091,93311,25065.543.06$161,167
Aug 20091,97610,52467.423.22$167,093
Jul 20091,98910,54361.133.46$158,114
Jun 20091,94710,19466.163.90$168,519
May 20091,71311,57154.743.93$139,194
Apr 20091,9107,87246.773.59$117,572
Mar 20091,8328,41142.144.06$111,341
Feb 20091,3028,14932.814.63$80,473
Jan 20092,59211,30135.865.37$153,647
Dec 20082,15312,86037.105.98$156,742
Nov 20082,07612,38555.496.86$200,163
Oct 20082,31310,51975.246.92$246,842
Sep 20081,9108,347101.767.88$260,112
Aug 20081,85912,276114.228.48$316,473
Jul 20081,5679,327131.0811.39$311,632
Jun 20082,13410,869131.3313.03$421,910
May 20082,59712,239123.1711.57$461,530
Apr 20082,26113,333110.3110.45$388,806
Mar 20082,31713,107101.909.66$362,769
Feb 20082,34413,36592.538.77$334,109
Jan 20082,98314,41190.388.21$387,856
Dec 20072,89914,37588.337.30$361,034
Nov 20072,39213,77991.677.29$319,747
Oct 20072,80113,64382.856.92$326,499
Sep 20072,25513,61675.846.24$256,040
Aug 20073,28615,87569.066.39$328,340
Jul 20072,42015,72870.906.39$272,048
Jun 20072,87316,14662.007.55$300,003
May 20073,77417,86058.747.85$361,819
Apr 20073,04517,95059.617.81$321,616
Mar 20073,64119,03356.927.30$346,224
Feb 20072,53015,12455.108.22$263,662
Jan 20073,37015,90150.306.73$276,475
Dec 20062,73716,95256.656.92$272,332
Nov 20062,77416,88854.207.62$278,995
Oct 20062,73716,23654.906.01$247,901
Sep 20062,32815,42960.085.04$217,585
Aug 20062,80016,38268.717.34$312,631
Jul 20062,72015,93869.376.34$289,777
Jun 20063,37018,32366.286.38$340,335
May 20062,87919,65266.016.42$316,307
Apr 20062,84419,02664.397.36$323,166
Mar 20063,00620,19956.707.08$313,508
Feb 20063,05018,23957.597.75$317,022
Jan 20063,73619,74560.598.93$402,753
Dec 20053,47919,74054.9413.42$455,956
Nov 20053,45320,28154.6910.59$403,588
Oct 20053,14720,17658.3413.80$461,939
Sep 20053,55119,97461.4512.08$459,475
Aug 20053,48121,14861.519.80$421,300
Jul 20053,47519,91955.697.84$349,760
Jun 20052,39021,09052.337.38$280,735
May 20053,51620,32945.226.65$294,205
Apr 20054,04520,19849.207.36$347,681
Mar 20053,19721,97850.377.15$318,283
Feb 20053,27419,62845.226.31$271,941
Jan 20054,43421,10243.166.32$324,783
Dec 20043,83322,73139.866.75$306,242
Nov 20044,23819,19845.286.33$313,428
Oct 20044,67221,97949.706.52$375,394
Sep 20043,46523,29343.245.28$272,904
Aug 20044,59224,85442.375.55$332,519
Jul 20045,58424,91738.286.08$365,355
Jun 20044,42523,04736.106.43$308,004
May 20045,25323,91037.486.49$352,168
Apr 20045,69923,38934.475.86$333,468
Mar 20045,71422,96134.365.53$323,311
Feb 20044,78220,18132.455.51$266,366
Jan 20045,95321,10832.036.30$323,647
Dec 20035,10523,33230.266.30$301,507
Nov 20034,68625,13928.804.60$250,475
Oct 20034,54226,18128.174.76$252,560
Sep 20035,10126,58626.314.75$260,474
Aug 20034,23528,55629.765.13$272,518
Jul 20035,71028,44229.415.17$315,000
Jun 20036,05126,43728.565.98$330,988
May 20036,06021,87626.595.97$291,794
Apr 20036,70624,03026.675.41$308,786
Mar 20036,29821,79331.146.10$328,971
Feb 20034,88416,84133.487.93$296,996
Jan 20035,00114,34730.315.58$231,666
Dec 20021,8739,83826.914.85$98,154
Nov 20021,3057,45724.664.14$63,031
Oct 20021,6678,30526.464.23$79,232
Sep 20021,8558,61127.443.64$82,204
Aug 20021,4799,08725.963.16$67,148
Jul 20022,0129,11724.583.06$77,369
Jun 20021,6168,31223.733.34$66,095
May 20021,6229,20224.663.58$72,978
Apr 20021,8268,53323.653.51$73,156
Mar 20021,4878,52522.003.10$59,165
Feb 20022,4127,49118.222.38$61,743
Jan 20021,1118,82017.172.38$40,029
Dec 20012,3847,88516.932.36$59,004
Nov 20011,5007,15218.072.41$44,309
Oct 20012,2237,95719.782.53$64,093
Sep 20011,1079,57624.262.25$48,414
Aug 20011,6478,98724.873.05$68,400
Jul 20011,66610,62723.933.20$73,843
Jun 20012,00910,45224.563.82$89,311
May 20012,07210,41125.524.31$97,721
Apr 20011,73810,44624.685.34$98,627
Mar 20012,2729,88824.545.38$108,917
Feb 20011,5528,80627.755.77$93,853
Jan 20011,55210,12027.478.40$127,629
Dec 20001,69710,02326.889.12$137,050
Nov 20002,2679,48932.215.66$126,709
Oct 20001,85210,95731.235.15$114,217
Sep 20001,64010,05331.875.19$104,407
Aug 20002,01411,17929.644.54$110,456
Jul 20001,46010,62228.534.09$85,095
Jun 20001,83010,15429.304.40$98,269
May 20002,01110,89627.263.68$94,914
Apr 20002,20810,78024.513.12$87,709
Mar 20002,40311,08128.422.86$99,982
Feb 20001,8379,95827.622.73$77,888
Jan 20002,38811,00725.272.48$87,648
Dec 19992,72110,24724.282.42$90,902
Nov 19991,8159,41523.192.43$65,006
Oct 19992,21510,53820.982.80$76,016
Sep 19991,4519,97321.752.62$57,677
Aug 19992,52111,15319.262.88$80,626
Jul 19992,18410,91017.892.37$64,954
Jun 19992,0209,47515.942.36$54,580
May 19991,79710,22915.792.32$52,116
Apr 19992,5469,50215.102.21$59,425
Mar 19992,3879,48312.471.84$47,199
Feb 19991,6418,0529.981.82$31,014
Jan 19991,83610,04510.381.90$38,143
Dec 19983,4519,7019.201.77$48,952
Nov 19981,0867,33710.892.19$27,863
Oct 19981,4647,71212.421.97$33,369
Sep 19989146,29912.592.08$24,626
Aug 19989087,38211.301.91$24,340
Jul 19981,0737,28711.742.24$28,900
Jun 19988948,01911.242.24$27,989
May 19981,0908,15312.622.21$31,744
Apr 19981,4488,37613.042.51$39,867
Mar 19981,4438,62912.802.31$38,399
Feb 19988717,70313.952.30$29,861
Jan 19981,3837,31314.702.15$36,088
Dec 19971,0297,97116.322.41$36,012
Nov 19971,0397,74118.193.09$42,806
Oct 19971,2198,42519.253.15$50,003
Sep 19971,0428,40817.742.95$43,330
Aug 19971,3658,96717.862.55$47,287
Jul 19977099,17017.582.25$33,069
Jun 19971,0858,27417.242.26$37,381
May 19971,2547,34418.972.31$40,742
Apr 19971,0998,45617.882.08$37,262
Mar 19978628,46518.951.94$32,750
Feb 19971,1988,08820.492.21$42,388
Jan 19971,6388,46123.483.54$68,410
Dec 19961,0998,89223.32$25,629
Nov 19967168,14921.97$15,731
Oct 19961,5809,20423.31$36,830
Sep 19961,2278,72122.22$27,264
Aug 19968648,84920.26$17,505
Jul 19961,2069,34619.55$23,577
Jun 19961,2619,29618.73$23,619
May 19961,0659,66019.43$20,693
Apr 19961,0349,05221.51$22,241
Mar 19961,2499,54719.38$24,206
Feb 19961,5759,04016.98$26,744
Jan 19961,2169,68417.07$20,757
Dec 19951,2409,22017.19$21,316
Nov 19951,23510,16116.00$19,760
Oct 19951,59010,78015.43$24,534
Sep 19951,00110,37116.18$16,196
Aug 19951,73511,28815.92$27,621
Jul 19951,22610,90715.24$18,684
Jun 19951,38310,47516.41$22,695
May 19951,57710,21617.56$27,692
Apr 19951,6289,79417.73$28,864
Mar 19951,2509,54116.44$20,550
Feb 19951,2888,87016.58$21,355
Jan 19951,47110,01615.92$23,418
Dec 19941,4339,59115.03$21,538
Nov 19941,4649,81915.90$23,278
Oct 19941,7689,89015.58$27,545
Sep 19941,0579,33915.29$16,162
Aug 19941,7959,85216.13$28,953
Jul 19941,0519,73817.56$18,456
Jun 19941,4019,49417.09$23,943
May 19941,3869,32715.88$22,010
Apr 19941,5719,31314.14$22,214
Mar 19941,3938,68212.46$17,357
Feb 19941,2358,27712.50$15,438
Jan 19941,4179,75212.66$17,939
Dec 19931,7728,89012.33$21,849
Nov 19931,0649,40214.49$15,417
Oct 19931,55611,30615.85$24,663
Sep 19931,19711,41215.03$17,991
Aug 19931,37711,38315.66$21,564
Jul 19932,02111,08015.46$31,245
Jun 19931,20310,71516.79$20,198
May 19931,55310,59917.68$27,457
Apr 19931,5149,75918.05$27,328
Mar 19931,56610,63318.14$28,407
Feb 19931,3999,06817.90$25,042
Jan 19931,78110,13816.93$30,152

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.

Jul 2022 — as filed, then multipliedworked
Oil                    0 bbl  × $101.58 =         $0
Casinghead gas       210 Mcf  × $  7.54 =     $1,584

────────────────────────────────────────────────────
Month total                                   $1,584

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/12324 is the state's own key, not one this site invented.