TIPPETT

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

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 12420District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$6.0 M

Jan 1993 – Oct 2020

Value, last 12 filed months

$7 k

at the published price for each month

Months reported

334

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.”

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	81,821 bbl	$3,835,387
Casinghead gas	Production	624,529 Mcf	$2,130,517
Total			$5,965,903

82,004 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 (2)

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 31.5776, -101.8901. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.57757, -101.89010 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

10,209 ft

2 wells filed one

Completion to plug

3.5 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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

Between 9,050 and 11,368 ft, median 10,209 ft, over the 2 wells that filed a depth.

Completions filed

Jan 2014 – Apr 2019

2 of 2 wells

Plug dates filed

Nov 2019 – Jun 2020

2 of 2 wells

Last completion to plug: a median of 3.5 years across the 2 wells that filed both dates, with the middle half between 2.1 years and 5.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-46132719	1	9,050 ft	Apr 2019	Nov 2019	Yes
42-46139008	2	11,368 ft	Jan 2014	Jun 2020	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 (334)

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

334 months


Oct 2020	0	0	36.97	2.48	$0
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	193	0	34.90	1.69	$6,736
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	17	58.48	2.74	$47
Apr 2019	0	20	62.63	2.75	$55
Mar 2019	172	171	56.80	3.06	$10,293
Feb 2019	0	83	50.85	2.79	$232
Jan 2019	363	4,431	46.03	3.23	$31,013
Dec 2018	487	4,936	46.59	4.19	$43,349
Nov 2018	636	4,096	52.93	4.24	$51,019
Oct 2018	166	4,740	61.44	3.40	$26,306
Sep 2018	536	3,943	59.54	3.11	$44,168
Aug 2018	373	4,541	59.40	3.07	$36,081
Jul 2018	535	3,767	65.14	2.93	$45,894
Jun 2018	721	4,181	60.18	3.08	$56,254
May 2018	137	2,428	65.38	2.90	$16,000
Apr 2018	0	200	63.84	2.90	$580
Mar 2018	552	934	61.22	2.79	$36,396
Feb 2018	187	1,538	61.78	2.77	$15,807
Jan 2018	375	3,400	62.87	4.01	$37,208
Dec 2017	561	3,902	57.27	2.92	$43,528
Nov 2017	545	4,128	55.42	3.12	$43,076
Oct 2017	372	4,420	49.29	2.98	$31,524
Sep 2017	366	4,244	47.52	3.09	$30,495
Aug 2017	554	4,288	45.37	3.00	$38,018
Jul 2017	558	4,310	43.87	3.09	$37,786
Jun 2017	347	4,195	42.49	3.09	$27,695
May 2017	727	4,335	45.37	3.26	$47,131
Apr 2017	378	4,165	47.93	3.21	$31,494
Mar 2017	557	4,345	46.77	2.98	$39,015
Feb 2017	369	3,802	50.45	2.95	$29,842
Jan 2017	553	4,328	49.41	3.42	$42,120
Dec 2016	560	4,384	48.76	3.72	$43,626
Nov 2016	370	4,492	42.49	2.64	$27,600
Oct 2016	553	4,385	46.19	3.09	$39,094
Sep 2016	542	4,356	41.55	3.10	$36,026
Aug 2016	550	4,527	41.44	2.92	$36,030
Jul 2016	374	4,004	41.62	2.92	$27,275
Jun 2016	551	6,019	45.35	2.69	$41,154
May 2016	369	6,490	42.52	1.99	$28,612
Apr 2016	741	3,554	36.56	1.99	$34,167
Mar 2016	365	1,839	33.01	1.79	$15,348
Feb 2016	370	3,186	26.47	2.06	$16,369
Jan 2016	739	4,508	27.35	2.36	$30,870
Dec 2015	553	4,676	32.36	2.00	$27,254
Nov 2015	543	4,489	38.79	2.17	$30,792
Oct 2015	367	4,888	43.55	2.43	$27,844
Sep 2015	368	4,641	42.99	2.76	$28,622
Aug 2015	730	5,086	40.16	2.87	$43,926
Jul 2015	536	4,646	48.15	2.95	$39,491
Jun 2015	714	5,511	56.15	2.88	$55,979
May 2015	537	6,335	55.21	2.96	$48,371
Apr 2015	552	5,791	49.82	2.71	$43,174
Mar 2015	953	6,759	42.89	2.93	$60,710
Feb 2015	562	5,526	44.66	2.98	$41,545
Jan 2015	570	6,903	43.43	3.10	$46,159
Dec 2014	739	7,064	54.69	3.59	$65,785
Nov 2014	723	7,146	70.46	4.25	$81,326
Oct 2014	733	7,771	78.30	3.90	$87,708
Sep 2014	540	7,726	86.16	4.05	$77,781
Aug 2014	915	8,393	89.39	4.04	$115,659
Jul 2014	723	8,539	96.56	4.18	$105,502
Jun 2014	734	9,517	98.16	4.74	$117,130
May 2014	739	11,149	94.73	4.73	$122,702
Apr 2014	1,100	13,823	95.94	4.81	$172,010
Mar 2014	1,079	9,305	95.89	5.06	$150,519
Feb 2014	1,455	11,252	97.40	6.19	$211,389
Jan 2014	374	3,200	90.40	4.86	$49,364
Dec 2013	187	278	91.82	4.35	$18,381
Nov 2013	181	630	88.85	3.74	$18,437
Oct 2013	0	656	97.42	3.78	$2,479
Sep 2013	367	617	104.11	3.72	$40,502
Aug 2013	186	656	104.25	3.52	$21,701
Jul 2013	0	676	102.52	3.72	$2,513
Jun 2013	362	674	94.40	3.93	$36,824
May 2013	184	712	94.83	4.15	$20,403
Apr 2013	180	694	93.96	4.28	$19,885
Mar 2013	188	720	93.62	3.91	$20,418
Feb 2013	1	652	91.23	3.42	$2,321
Jan 2013	375	750	91.60	3.42	$36,915
Dec 2012	0	744	86.77	3.42	$2,545
Nov 2012	181	699	86.95	3.62	$18,272
Oct 2012	185	703	89.38	3.40	$18,925
Sep 2012	179	675	94.67	2.92	$18,916
Aug 2012	183	687	92.66	2.91	$18,955
Jul 2012	173	705	85.13	3.02	$16,857
Jun 2012	170	658	79.82	2.52	$15,227
May 2012	165	704	91.61	2.49	$16,867
Apr 2012	172	641	101.65	2.00	$18,764
Mar 2012	170	727	105.05	2.22	$19,474
Feb 2012	186	696	101.10	2.57	$20,593
Jan 2012	156	734	98.09	2.73	$17,309
Dec 2011	178	725	96.87	3.24	$19,592
Nov 2011	253	697	95.72	3.31	$26,525
Oct 2011	269	571	84.98	3.65	$24,943
Sep 2011	173	553	83.62	3.99	$16,670
Aug 2011	238	572	83.40	4.15	$22,223
Jul 2011	181	615	94.14	4.52	$19,817
Jun 2011	219	625	92.90	4.64	$23,245
May 2011	177	625	98.13	4.40	$20,122
Apr 2011	175	620	105.96	4.33	$21,230
Mar 2011	178	642	96.36	4.06	$19,757
Feb 2011	176	570	85.64	4.18	$17,455
Jan 2011	184	665	86.50	4.59	$18,968
Dec 2010	167	531	85.73	4.35	$16,626
Nov 2010	0	655	80.84	3.80	$2,486
Oct 2010	178	501	78.10	3.51	$15,660
Sep 2010	0	251	72.63	3.98	$999
Aug 2010	181	411	73.68	4.42	$15,152
Jul 2010	0	496	72.55	4.74	$2,349
Jun 2010	195	478	70.36	4.91	$16,067
May 2010	12	470	71.12	4.24	$2,844
Apr 2010	209	474	81.69	4.12	$19,027
Mar 2010	0	450	78.39	4.39	$1,975
Feb 2010	184	408	73.58	5.44	$15,759
Jan 2010	0	446	74.36	5.96	$2,660
Dec 2009	178	446	71.44	5.48	$15,162
Nov 2009	0	451	74.59	3.75	$1,692
Oct 2009	175	448	72.54	4.11	$14,536
Sep 2009	0	468	65.54	3.06	$1,434
Aug 2009	182	458	67.42	3.22	$13,745
Jul 2009	0	498	61.13	3.46	$1,725
Jun 2009	177	471	66.16	3.90	$13,545
May 2009	0	535	54.74	3.93	$2,100
Apr 2009	173	486	46.77	3.59	$9,835
Mar 2009	0	479	42.14	4.06	$1,944
Feb 2009	176	441	32.81	4.63	$7,818
Jan 2009	180	488	35.86	5.37	$9,076
Dec 2008	0	504	37.10	5.98	$3,012
Nov 2008	184	499	55.49	6.86	$13,633
Oct 2008	0	424	75.24	6.92	$2,935
Sep 2008	177	472	101.76	7.88	$21,730
Aug 2008	0	543	114.22	8.48	$4,606
Jul 2008	175	539	131.08	11.39	$29,078
Jun 2008	0	450	131.33	13.03	$5,865
May 2008	177	453	123.17	11.57	$27,044
Apr 2008	174	480	110.31	10.45	$24,212
Mar 2008	0	506	101.90	9.66	$4,890
Feb 2008	176	511	92.53	8.77	$20,767
Jan 2008	0	542	90.38	8.21	$4,448
Dec 2007	180	550	88.33	7.30	$19,915
Nov 2007	0	469	91.67	7.29	$3,420
Oct 2007	176	538	82.85	6.92	$18,306
Sep 2007	0	549	75.84	6.24	$3,428
Aug 2007	172	578	69.06	6.39	$15,571
Jul 2007	176	584	70.90	6.39	$16,209
Jun 2007	0	614	62.00	7.55	$4,635
May 2007	180	613	58.74	7.85	$15,383
Apr 2007	0	521	59.61	7.81	$4,067
Mar 2007	179	662	56.92	7.30	$15,023
Feb 2007	176	623	55.10	8.22	$14,816
Jan 2007	175	970	50.30	6.73	$15,328
Dec 2006	0	905	56.65	6.92	$6,261
Nov 2006	180	953	54.20	7.62	$17,015
Oct 2006	0	883	54.90	6.01	$5,310
Sep 2006	178	946	60.08	5.04	$15,459
Aug 2006	0	980	68.71	7.34	$7,193
Jul 2006	175	1,014	69.37	6.34	$18,571
Jun 2006	184	973	66.28	6.38	$18,407
May 2006	0	1,077	66.01	6.42	$6,920
Apr 2006	185	1,062	64.39	7.36	$19,729
Mar 2006	180	1,059	56.70	7.08	$17,707
Feb 2006	0	751	57.59	7.75	$5,821
Jan 2006	0	768	60.59	8.93	$6,861
Dec 2005	180	894	54.94	13.42	$21,883
Nov 2005	179	1,207	54.69	10.59	$22,570
Oct 2005	171	1,194	58.34	13.80	$26,448
Sep 2005	0	1,001	61.45	12.08	$12,091
Aug 2005	0	820	61.51	9.80	$8,033
Jul 2005	165	1,252	55.69	7.84	$19,009
Jun 2005	0	860	52.33	7.38	$6,348
May 2005	181	1,251	45.22	6.65	$16,505
Apr 2005	181	1,270	49.20	7.36	$18,253
Mar 2005	183	1,374	50.37	7.15	$19,049
Feb 2005	171	1,230	45.22	6.31	$15,496
Jan 2005	0	1,138	43.16	6.32	$7,195
Dec 2004	181	1,334	39.86	6.75	$16,221
Nov 2004	186	1,379	45.28	6.33	$17,152
Oct 2004	0	1,309	49.70	6.52	$8,528
Sep 2004	178	1,401	43.24	5.28	$15,099
Aug 2004	183	1,165	42.37	5.55	$14,220
Jul 2004	0	1,503	38.28	6.08	$9,145
Jun 2004	183	1,442	36.10	6.43	$15,883
May 2004	176	1,568	37.48	6.49	$16,780
Apr 2004	179	1,339	34.47	5.86	$14,015
Mar 2004	0	1,706	34.36	5.53	$9,434
Feb 2004	185	2,239	32.45	5.51	$18,339
Jan 2004	182	2,405	32.03	6.30	$20,980
Dec 2003	183	2,374	30.26	6.30	$20,498
Nov 2003	187	2,424	28.80	4.60	$16,524
Oct 2003	373	2,591	28.17	4.76	$22,840
Sep 2003	0	2,060	26.31	4.75	$9,784
Aug 2003	179	1,772	29.76	5.13	$14,417
Jul 2003	179	1,674	29.41	5.17	$13,920
Jun 2003	355	1,621	28.56	5.98	$19,837
May 2003	180	1,682	26.59	5.97	$14,832
Apr 2003	179	1,629	26.67	5.41	$13,582
Mar 2003	183	1,694	31.14	6.10	$16,025
Feb 2003	0	1,453	33.48	7.93	$11,516
Jan 2003	367	1,686	30.31	5.58	$20,535
Dec 2002	184	1,684	26.91	4.85	$13,125
Nov 2002	195	1,683	24.66	4.14	$11,771
Oct 2002	183	1,733	26.46	4.23	$12,171
Sep 2002	187	1,716	27.44	3.64	$11,369
Aug 2002	178	1,700	25.96	3.16	$10,000
Jul 2002	179	1,771	24.58	3.06	$9,822
Jun 2002	188	1,773	23.73	3.34	$10,380
May 2002	183	1,812	24.66	3.58	$11,007
Apr 2002	364	1,659	23.65	3.51	$14,436
Mar 2002	184	1,776	22.00	3.10	$9,558
Feb 2002	185	1,444	18.22	2.38	$6,801
Jan 2002	183	1,768	17.17	2.38	$7,342
Dec 2001	186	1,737	16.93	2.36	$7,256
Nov 2001	173	1,596	18.07	2.41	$6,965
Oct 2001	365	1,694	19.78	2.53	$11,504
Sep 2001	186	1,606	24.26	2.25	$8,128
Aug 2001	179	1,731	24.87	3.05	$9,737
Jul 2001	182	1,703	23.93	3.20	$9,800
Jun 2001	375	1,655	24.56	3.82	$15,539
May 2001	185	1,664	25.52	4.31	$11,889
Apr 2001	364	1,544	24.68	5.34	$17,221
Mar 2001	186	1,589	24.54	5.38	$13,108
Feb 2001	375	1,298	27.75	5.77	$17,892
Jan 2001	360	1,538	27.47	8.40	$22,806
Dec 2000	376	1,443	26.88	9.12	$23,271
Nov 2000	189	1,177	32.21	5.66	$12,747
Oct 2000	369	1,443	31.23	5.15	$18,949
Sep 2000	182	1,214	31.87	5.19	$12,097
Aug 2000	175	1,446	29.64	4.54	$11,753
Jul 2000	353	1,377	28.53	4.09	$15,703
Jun 2000	189	1,268	29.30	4.40	$11,113
May 2000	364	1,362	27.26	3.68	$14,934
Apr 2000	180	1,287	24.51	3.12	$8,422
Mar 2000	372	1,343	28.42	2.86	$14,413
Feb 2000	370	1,281	27.62	2.73	$13,712
Jan 2000	379	1,254	25.27	2.48	$12,688
Dec 1999	183	1,202	24.28	2.42	$7,357
Nov 1999	179	1,108	23.19	2.43	$6,848
Oct 1999	365	1,077	20.98	2.80	$10,677
Sep 1999	180	1,327	21.75	2.62	$7,390
Aug 1999	189	1,506	19.26	2.88	$7,971
Jul 1999	184	1,579	17.89	2.37	$7,038
Jun 1999	185	1,418	15.94	2.36	$6,298
May 1999	189	1,450	15.79	2.32	$6,350
Apr 1999	186	1,517	15.10	2.21	$6,158
Mar 1999	0	1,535	12.47	1.84	$2,822
Feb 1999	185	1,517	9.98	1.82	$4,604
Jan 1999	188	1,574	10.38	1.90	$4,942
Dec 1998	182	1,382	9.20	1.77	$4,125
Nov 1998	177	1,416	10.89	2.19	$5,023
Oct 1998	187	1,679	12.42	1.97	$5,629
Sep 1998	183	1,645	12.59	2.08	$5,730
Aug 1998	173	1,653	11.30	1.91	$5,108
Jul 1998	364	1,809	11.74	2.24	$8,321
Jun 1998	169	1,783	11.24	2.24	$5,889
May 1998	364	1,949	12.62	2.21	$8,894
Apr 1998	170	1,740	13.04	2.51	$6,576
Mar 1998	359	1,721	12.80	2.31	$8,570
Feb 1998	168	1,574	13.95	2.30	$5,962
Jan 1998	338	1,844	14.70	2.15	$8,942
Dec 1997	334	1,720	16.32	2.41	$9,598
Nov 1997	346	1,666	18.19	3.09	$11,439
Oct 1997	341	1,707	19.25	3.15	$11,941
Sep 1997	353	1,646	17.74	2.95	$11,126
Aug 1997	0	1,482	17.86	2.55	$3,786
Jul 1997	301	1,431	17.58	2.25	$8,507
Jun 1997	0	1,471	17.24	2.26	$3,320
May 1997	367	1,546	18.97	2.31	$10,531
Apr 1997	183	1,656	17.88	2.08	$6,721
Mar 1997	361	1,892	18.95	1.94	$10,510
Feb 1997	174	1,765	20.49	2.21	$7,459
Jan 1997	58	1,687	23.48	3.54	$7,333
Dec 1996	261	1,214	23.32	—	$6,087
Nov 1996	0	1,381	21.97	—	$0
Oct 1996	183	1,814	23.31	—	$4,266
Sep 1996	178	1,737	22.22	—	$3,955
Aug 1996	358	2,114	20.26	—	$7,253
Jul 1996	172	2,347	19.55	—	$3,363
Jun 1996	171	2,290	18.73	—	$3,203
May 1996	356	2,283	19.43	—	$6,917
Apr 1996	180	1,856	21.51	—	$3,872
Mar 1996	356	2,011	19.38	—	$6,899
Feb 1996	180	1,966	16.98	—	$3,056
Jan 1996	359	1,979	17.07	—	$6,128
Dec 1995	180	1,904	17.19	—	$3,094
Nov 1995	541	1,714	16.00	—	$8,656
Oct 1995	178	1,769	15.43	—	$2,747
Sep 1995	180	1,545	16.18	—	$2,912
Aug 1995	179	1,684	15.92	—	$2,850
Jul 1995	184	2,179	15.24	—	$2,804
Jun 1995	178	1,593	16.41	—	$2,921
May 1995	362	2,324	17.56	—	$6,357
Apr 1995	186	1,961	17.73	—	$3,298
Mar 1995	368	1,772	16.44	—	$6,050
Feb 1995	181	1,842	16.58	—	$3,001
Jan 1995	345	2,212	15.92	—	$5,492
Dec 1994	181	1,954	15.03	—	$2,720
Nov 1994	357	1,775	15.90	—	$5,676
Oct 1994	179	1,811	15.58	—	$2,789
Sep 1994	371	1,482	15.29	—	$5,673
Aug 1994	181	1,681	16.13	—	$2,920
Jul 1994	350	1,347	17.56	—	$6,146
Jun 1994	182	1,479	17.09	—	$3,110
May 1994	174	1,498	15.88	—	$2,763
Apr 1994	352	1,501	14.14	—	$4,977
Mar 1994	179	1,703	12.46	—	$2,230
Feb 1994	365	1,259	12.50	—	$4,563
Jan 1994	177	1,482	12.66	—	$2,241
Dec 1993	180	1,800	12.33	—	$2,219
Nov 1993	359	1,703	14.49	—	$5,202
Oct 1993	358	1,804	15.85	—	$5,674
Sep 1993	539	1,323	15.03	—	$8,101
Aug 1993	180	1,364	15.66	—	$2,819
Jul 1993	178	1,458	15.46	—	$2,752
Jun 1993	361	1,429	16.79	—	$6,061
May 1993	353	1,528	17.68	—	$6,241
Apr 1993	360	1,297	18.05	—	$6,498
Mar 1993	361	1,466	18.14	—	$6,549
Feb 1993	372	1,242	17.90	—	$6,659
Jan 1993	374	1,127	16.93	—	$6,332

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.

Jun 2020 — as filed, then multipliedworked

Oil                  193 bbl  × $ 34.90 =     $6,736
Casinghead gas         0 Mcf  × $  1.69 =         $0

────────────────────────────────────────────────────
Month total                                   $6,736

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/12420 is the state's own key, not one this site invented.