TXL

Name: TXL 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 12824District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$7.6 M

Jan 1993 – Sep 2021

Value, last 12 filed months

at the published price for each month

Months reported

345

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	232,284 bbl	$6,416,008
Casinghead gas	Production	401,434 Mcf	$1,168,576
Total			$7,584,585

135,346 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 (4)

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 31.6245, -102.1001. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.62448, -102.10007 · 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%

4 of 4 wells

With a plug date

100.0%

4 of 4 wells

Median depth

8,725 ft

4 wells filed one

Completion to plug

14.8 years

median over 4 wells

What the state filed about each well

On the RRC proration schedule

4100.0%

A plug date is filed

4100.0%

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

4100.0%

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 8,700 and 8,750 ft, median 8,725 ft, over the 4 wells that filed a depth.

Completions filed

Mar 1990 – Aug 2021

4 of 4 wells

Plug dates filed

May 2012 – Aug 2021

4 of 4 wells

Last completion to plug: a median of 14.8 years across the 4 wells that filed both dates, with the middle half between 7.9 years and 20.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells


42-46133002	1	8,700 ft	Aug 2021	Aug 2021	Yes
42-46133063	3	8,750 ft	Nov 2001	May 2012	Yes
42-46133409	4	8,700 ft	Aug 1993	Jul 2012	Yes
42-46133003	2	8,750 ft	Mar 1990	Jul 2016	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 (345)

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

345 months


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	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
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	0	0	34.90	1.69	$0
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	4	0	55.30	2.75	$221
Oct 2019	3	5	53.47	2.42	$173
Sep 2019	24	18	55.05	2.66	$1,369
Aug 2019	230	50	53.11	2.30	$12,331
Jul 2019	115	40	56.27	2.46	$6,569
Jun 2019	272	66	52.78	2.49	$14,521
May 2019	238	109	58.48	2.74	$14,217
Apr 2019	559	176	62.63	2.75	$35,494
Mar 2019	197	202	56.80	3.06	$11,808
Feb 2019	190	66	50.85	2.79	$9,846
Jan 2019	181	56	46.03	3.23	$8,512
Dec 2018	183	48	46.59	4.19	$8,727
Nov 2018	0	41	52.93	4.24	$174
Oct 2018	4	13	61.44	3.40	$290
Sep 2018	149	0	59.54	3.11	$8,871
Aug 2018	25	0	59.40	3.07	$1,485
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	4	63.84	2.90	$12
Mar 2018	7	0	61.22	2.79	$429
Feb 2018	13	0	61.78	2.77	$803
Jan 2018	10	5	62.87	4.01	$649
Dec 2017	6	0	57.27	2.92	$344
Nov 2017	41	0	55.42	3.12	$2,272
Oct 2017	2	3	49.29	2.98	$108
Sep 2017	192	24	47.52	3.09	$9,198
Aug 2017	10	9	45.37	3.00	$481
Jul 2017	17	9	43.87	3.09	$774
Jun 2017	11	11	42.49	3.09	$501
May 2017	0	6	45.37	3.26	$20
Apr 2017	32	20	47.93	3.21	$1,598
Mar 2017	65	12	46.77	2.98	$3,076
Feb 2017	34	0	50.45	2.95	$1,715
Jan 2017	233	0	49.41	3.42	$11,513
Dec 2016	48	3	48.76	3.72	$2,352
Nov 2016	10	8	42.49	2.64	$446
Oct 2016	9	4	46.19	3.09	$428
Sep 2016	204	20	41.55	3.10	$8,538
Aug 2016	0	27	41.44	2.92	$79
Jul 2016	0	24	41.62	2.92	$70
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	10	42.52	1.99	$20
Apr 2016	0	3	36.56	1.99	$6
Mar 2016	0	30	33.01	1.79	$54
Feb 2016	0	63	26.47	2.06	$130
Jan 2016	0	11	27.35	2.36	$26
Dec 2015	0	64	32.36	2.00	$128
Nov 2015	178	328	38.79	2.17	$7,616
Oct 2015	2	381	43.55	2.43	$1,012
Sep 2015	339	362	42.99	2.76	$15,572
Aug 2015	0	336	40.16	2.87	$965
Jul 2015	172	365	48.15	2.95	$9,357
Jun 2015	3	296	56.15	2.88	$1,022
May 2015	349	399	55.21	2.96	$20,448
Apr 2015	1	363	49.82	2.71	$1,032
Mar 2015	184	384	42.89	2.93	$9,019
Feb 2015	193	355	44.66	2.98	$9,676
Jan 2015	5	246	43.43	3.10	$980
Dec 2014	4	353	54.69	3.59	$1,487
Nov 2014	189	542	70.46	4.25	$15,621
Oct 2014	186	488	78.30	3.90	$16,467
Sep 2014	371	675	86.16	4.05	$34,696
Aug 2014	356	718	89.39	4.04	$34,720
Jul 2014	179	733	96.56	4.18	$20,348
Jun 2014	532	632	98.16	4.74	$55,215
May 2014	184	668	94.73	4.73	$20,588
Apr 2014	183	752	95.94	4.81	$21,173
Mar 2014	732	899	95.89	5.06	$74,738
Feb 2014	2	341	97.40	6.19	$2,306
Jan 2014	366	0	90.40	4.86	$33,086
Dec 2013	373	0	91.82	4.35	$34,249
Nov 2013	0	188	88.85	3.74	$703
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	353	507	104.11	3.72	$38,636
Aug 2013	0	351	104.25	3.52	$1,236
Jul 2013	185	469	102.52	3.72	$20,710
Jun 2013	176	478	94.40	3.93	$18,495
May 2013	0	187	94.83	4.15	$776
Apr 2013	185	11	93.96	4.28	$17,430
Mar 2013	187	245	93.62	3.91	$18,466
Feb 2013	181	200	91.23	3.42	$17,197
Jan 2013	0	280	91.60	3.42	$958
Dec 2012	186	333	86.77	3.42	$17,278
Nov 2012	179	284	86.95	3.62	$16,594
Oct 2012	0	65	89.38	3.40	$221
Sep 2012	177	39	94.67	2.92	$16,870
Aug 2012	362	16	92.66	2.91	$33,589
Jul 2012	358	11	85.13	3.02	$30,510
Jun 2012	365	84	79.82	2.52	$29,346
May 2012	177	97	91.61	2.49	$16,456
Apr 2012	178	160	101.65	2.00	$18,413
Mar 2012	169	246	105.05	2.22	$18,300
Feb 2012	0	312	101.10	2.57	$802
Jan 2012	369	413	98.09	2.73	$37,324
Dec 2011	0	457	96.87	3.24	$1,481
Nov 2011	367	608	95.72	3.31	$37,143
Oct 2011	177	595	84.98	3.65	$17,212
Sep 2011	184	476	83.62	3.99	$17,283
Aug 2011	181	506	83.40	4.15	$17,195
Jul 2011	177	525	94.14	4.52	$19,034
Jun 2011	180	506	92.90	4.64	$19,070
May 2011	180	507	98.13	4.40	$19,897
Apr 2011	177	462	105.96	4.33	$20,757
Mar 2011	176	515	96.36	4.06	$19,049
Feb 2011	126	463	85.64	4.18	$12,726
Jan 2011	0	520	86.50	4.59	$2,386
Dec 2010	179	497	85.73	4.35	$17,507
Nov 2010	185	492	80.84	3.80	$16,823
Oct 2010	177	550	78.10	3.51	$15,754
Sep 2010	181	523	72.63	3.98	$15,227
Aug 2010	356	605	73.68	4.42	$28,904
Jul 2010	181	571	72.55	4.74	$15,836
Jun 2010	176	309	70.36	4.91	$13,901
May 2010	176	377	71.12	4.24	$14,114
Apr 2010	0	336	81.69	4.12	$1,385
Mar 2010	333	492	78.39	4.39	$28,263
Feb 2010	182	523	73.58	5.44	$16,238
Jan 2010	174	608	74.36	5.96	$16,565
Dec 2009	340	575	71.44	5.48	$27,443
Nov 2009	339	593	74.59	3.75	$27,511
Oct 2009	161	673	72.54	4.11	$14,445
Sep 2009	311	656	65.54	3.06	$22,393
Aug 2009	313	582	67.42	3.22	$22,976
Jul 2009	337	654	61.13	3.46	$22,867
Jun 2009	182	676	66.16	3.90	$14,674
May 2009	335	781	54.74	3.93	$21,404
Apr 2009	342	697	46.77	3.59	$18,496
Mar 2009	340	812	42.14	4.06	$17,624
Feb 2009	547	938	32.81	4.63	$22,293
Jan 2009	0	227	35.86	5.37	$1,219
Dec 2008	171	488	37.10	5.98	$9,261
Nov 2008	510	728	55.49	6.86	$33,294
Oct 2008	172	750	75.24	6.92	$18,133
Sep 2008	333	471	101.76	7.88	$37,596
Aug 2008	157	434	114.22	8.48	$21,614
Jul 2008	172	461	131.08	11.39	$27,796
Jun 2008	160	649	131.33	13.03	$29,471
May 2008	165	721	123.17	11.57	$28,668
Apr 2008	340	762	110.31	10.45	$45,472
Mar 2008	338	847	101.90	9.66	$42,628
Feb 2008	320	715	92.53	8.77	$35,881
Jan 2008	337	756	90.38	8.21	$36,662
Dec 2007	324	676	88.33	7.30	$33,555
Nov 2007	163	758	91.67	7.29	$20,469
Oct 2007	171	776	82.85	6.92	$19,539
Sep 2007	327	761	75.84	6.24	$29,551
Aug 2007	326	674	69.06	6.39	$26,819
Jul 2007	348	910	70.90	6.39	$30,486
Jun 2007	167	846	62.00	7.55	$16,740
May 2007	355	825	58.74	7.85	$27,326
Apr 2007	180	863	59.61	7.81	$17,466
Mar 2007	510	789	56.92	7.30	$34,790
Feb 2007	352	684	55.10	8.22	$25,015
Jan 2007	170	711	50.30	6.73	$13,334
Dec 2006	347	608	56.65	6.92	$23,864
Nov 2006	356	566	54.20	7.62	$23,607
Oct 2006	343	973	54.90	6.01	$24,682
Sep 2006	498	938	60.08	5.04	$34,645
Aug 2006	341	975	68.71	7.34	$30,587
Jul 2006	331	1,050	69.37	6.34	$29,621
Jun 2006	535	1,073	66.28	6.38	$42,310
May 2006	172	1,056	66.01	6.42	$18,139
Apr 2006	492	990	64.39	7.36	$38,967
Mar 2006	348	1,039	56.70	7.08	$27,091
Feb 2006	513	1,116	57.59	7.75	$38,194
Jan 2006	714	1,263	60.59	8.93	$54,544
Dec 2005	543	1,259	54.94	13.42	$46,722
Nov 2005	534	1,178	54.69	10.59	$41,678
Oct 2005	360	1,153	58.34	13.80	$36,909
Sep 2005	700	1,193	61.45	12.08	$57,425
Aug 2005	345	1,358	61.51	9.80	$34,525
Jul 2005	698	1,462	55.69	7.84	$50,339
Jun 2005	528	1,411	52.33	7.38	$38,045
May 2005	528	1,419	45.22	6.65	$33,314
Apr 2005	542	1,400	49.20	7.36	$36,971
Mar 2005	911	1,434	50.37	7.15	$56,147
Feb 2005	354	1,385	45.22	6.31	$24,750
Jan 2005	537	1,472	43.16	6.32	$32,483
Dec 2004	723	1,390	39.86	6.75	$38,203
Nov 2004	692	1,491	45.28	6.33	$40,772
Oct 2004	532	1,590	49.70	6.52	$36,799
Sep 2004	732	1,487	43.24	5.28	$39,509
Aug 2004	533	1,195	42.37	5.55	$29,216
Jul 2004	359	985	38.28	6.08	$19,735
Jun 2004	536	1,458	36.10	6.43	$28,729
May 2004	709	1,777	37.48	6.49	$38,114
Apr 2004	536	1,443	34.47	5.86	$26,930
Mar 2004	728	1,696	34.36	5.53	$34,393
Feb 2004	916	1,488	32.45	5.51	$37,923
Jan 2004	553	1,449	32.03	6.30	$26,841
Dec 2003	565	1,399	30.26	6.30	$25,913
Nov 2003	742	1,319	28.80	4.60	$27,431
Oct 2003	556	1,569	28.17	4.76	$23,130
Sep 2003	728	1,543	26.31	4.75	$26,482
Aug 2003	542	1,626	29.76	5.13	$24,471
Jul 2003	725	1,738	29.41	5.17	$30,309
Jun 2003	740	1,571	28.56	5.98	$30,534
May 2003	739	1,651	26.59	5.97	$29,511
Apr 2003	739	1,492	26.67	5.41	$27,777
Mar 2003	702	1,645	31.14	6.10	$31,888
Feb 2003	550	1,215	33.48	7.93	$28,044
Jan 2003	556	1,466	30.31	5.58	$25,036
Dec 2002	748	1,426	26.91	4.85	$27,050
Nov 2002	562	1,184	24.66	4.14	$18,757
Oct 2002	570	1,191	26.46	4.23	$20,119
Sep 2002	551	1,319	27.44	3.64	$19,914
Aug 2002	545	1,458	25.96	3.16	$18,762
Jul 2002	544	1,579	24.58	3.06	$18,206
Jun 2002	540	1,798	23.73	3.34	$18,816
May 2002	729	1,621	24.66	3.58	$23,787
Apr 2002	912	1,642	23.65	3.51	$27,336
Mar 2002	554	1,553	22.00	3.10	$17,007
Feb 2002	545	1,345	18.22	2.38	$13,125
Jan 2002	749	1,418	17.17	2.38	$16,229
Dec 2001	554	1,555	16.93	2.36	$13,056
Nov 2001	560	1,636	18.07	2.41	$14,055
Oct 2001	556	1,793	19.78	2.53	$15,532
Sep 2001	747	1,687	24.26	2.25	$21,920
Aug 2001	911	1,627	24.87	3.05	$27,624
Jul 2001	740	1,625	23.93	3.20	$22,903
Jun 2001	685	1,964	24.56	3.82	$24,334
May 2001	1,037	1,861	25.52	4.31	$34,480
Apr 2001	512	1,673	24.68	5.34	$21,562
Mar 2001	894	1,395	24.54	5.38	$29,439
Feb 2001	515	1,293	27.75	5.77	$21,748
Jan 2001	1,255	1,697	27.47	8.40	$48,728
Dec 2000	1,075	1,961	26.88	9.12	$46,785
Nov 2000	1,058	1,953	32.21	5.66	$45,128
Oct 2000	1,391	2,213	31.23	5.15	$54,828
Sep 2000	1,031	2,200	31.87	5.19	$44,268
Aug 2000	1,212	2,285	29.64	4.54	$46,299
Jul 2000	1,214	2,218	28.53	4.09	$43,706
Jun 2000	1,075	2,200	29.30	4.40	$41,171
May 2000	1,240	2,329	27.26	3.68	$42,373
Apr 2000	1,399	2,106	24.51	3.12	$40,852
Mar 2000	1,394	2,282	28.42	2.86	$46,143
Feb 2000	1,382	2,086	27.62	2.73	$43,858
Jan 2000	1,373	2,304	25.27	2.48	$40,411
Dec 1999	1,389	2,041	24.28	2.42	$38,672
Nov 1999	1,394	1,687	23.19	2.43	$36,433
Oct 1999	1,390	2,088	20.98	2.80	$35,016
Sep 1999	1,059	2,300	21.75	2.62	$29,057
Aug 1999	1,787	2,432	19.26	2.88	$41,411
Jul 1999	1,400	2,499	17.89	2.37	$30,975
Jun 1999	1,415	2,258	15.94	2.36	$27,889
May 1999	1,388	1,754	15.79	2.32	$25,988
Apr 1999	1,403	2,253	15.10	2.21	$26,160
Mar 1999	1,769	2,278	12.47	1.84	$26,247
Feb 1999	1,403	1,985	9.98	1.82	$17,610
Jan 1999	1,943	2,184	10.38	1.90	$24,318
Dec 1998	1,413	2,277	9.20	1.77	$17,037
Nov 1998	1,067	2,130	10.89	2.19	$16,275
Oct 1998	1,433	2,500	12.42	1.97	$22,721
Sep 1998	1,544	2,598	12.59	2.08	$24,850
Aug 1998	1,369	2,711	11.30	1.91	$20,641
Jul 1998	1,354	2,917	11.74	2.24	$22,422
Jun 1998	1,396	2,792	11.24	2.24	$21,938
May 1998	1,379	2,868	12.62	2.21	$23,731
Apr 1998	1,373	2,667	13.04	2.51	$24,586
Mar 1998	1,400	2,587	12.80	2.31	$23,895
Feb 1998	1,718	2,308	13.95	2.30	$29,272
Jan 1998	1,702	2,127	14.70	2.15	$29,603
Dec 1997	1,379	2,318	16.32	2.41	$28,094
Nov 1997	1,698	2,352	18.19	3.09	$38,150
Oct 1997	1,362	2,516	19.25	3.15	$34,143
Sep 1997	1,710	2,649	17.74	2.95	$38,163
Aug 1997	1,348	2,778	17.86	2.55	$31,172
Jul 1997	1,728	2,771	17.58	2.25	$36,605
Jun 1997	1,707	2,455	17.24	2.26	$34,970
May 1997	1,337	2,880	18.97	2.31	$32,011
Apr 1997	1,685	2,270	17.88	2.08	$34,856
Mar 1997	1,172	1,967	18.95	1.94	$26,024
Feb 1997	1,703	1,966	20.49	2.21	$39,231
Jan 1997	1,197	2,200	23.48	3.54	$35,893
Dec 1996	1,746	2,110	23.32	—	$40,717
Nov 1996	1,218	2,278	21.97	—	$26,759
Oct 1996	1,571	2,971	23.31	—	$36,620
Sep 1996	1,929	2,198	22.22	—	$42,862
Aug 1996	1,385	2,678	20.26	—	$28,060
Jul 1996	1,718	2,882	19.55	—	$33,587
Jun 1996	1,762	2,629	18.73	—	$33,002
May 1996	1,370	2,623	19.43	—	$26,619
Apr 1996	1,743	2,560	21.51	—	$37,492
Mar 1996	1,757	2,423	19.38	—	$34,051
Feb 1996	1,733	2,203	16.98	—	$29,426
Jan 1996	1,403	2,458	17.07	—	$23,949
Dec 1995	2,086	2,557	17.19	—	$35,858
Nov 1995	1,727	2,602	16.00	—	$27,632
Oct 1995	1,864	2,783	15.43	—	$28,762
Sep 1995	2,040	2,819	16.18	—	$33,007
Aug 1995	1,682	3,101	15.92	—	$26,777
Jul 1995	1,523	2,996	15.24	—	$23,211
Jun 1995	2,202	3,111	16.41	—	$36,135
May 1995	1,842	3,117	17.56	—	$32,346
Apr 1995	2,054	2,642	17.73	—	$36,417
Mar 1995	2,053	3,163	16.44	—	$33,751
Feb 1995	1,709	2,430	16.58	—	$28,335
Jan 1995	2,411	2,680	15.92	—	$38,383
Dec 1994	2,056	2,863	15.03	—	$30,902
Nov 1994	2,065	2,894	15.90	—	$32,834
Oct 1994	2,057	3,337	15.58	—	$32,048
Sep 1994	1,875	3,394	15.29	—	$28,669
Aug 1994	2,393	3,646	16.13	—	$38,599
Jul 1994	2,207	3,445	17.56	—	$38,755
Jun 1994	1,877	3,189	17.09	—	$32,078
May 1994	2,746	2,834	15.88	—	$43,606
Apr 1994	2,240	3,651	14.14	—	$31,674
Mar 1994	2,401	2,816	12.46	—	$29,916
Feb 1994	2,063	2,474	12.50	—	$25,788
Jan 1994	2,771	3,118	12.66	—	$35,081
Dec 1993	2,590	2,841	12.33	—	$31,935
Nov 1993	2,906	3,246	14.49	—	$42,108
Oct 1993	3,084	5,261	15.85	—	$48,881
Sep 1993	3,140	3,217	15.03	—	$47,194
Aug 1993	1,778	2,299	15.66	—	$27,843
Jul 1993	1,618	2,331	15.46	—	$25,014
Jun 1993	1,581	2,257	16.79	—	$26,545
May 1993	1,591	2,387	17.68	—	$28,129
Apr 1993	1,754	2,071	18.05	—	$31,660
Mar 1993	1,772	2,703	18.14	—	$32,144
Feb 1993	1,784	2,394	17.90	—	$31,934
Jan 1993	1,603	2,664	16.93	—	$27,139

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.

Nov 2019 — as filed, then multipliedworked

Oil                    4 bbl  × $ 55.30 =       $221
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                     $221

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/12824 is the state's own key, not one this site invented.