MCELROY RANCH CO. 130

Name: MCELROY RANCH CO. 130 lease production and value, Dec 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 14509District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$5.2 M

Dec 1996 – May 2026

Value, last 12 filed months

$201 k

at the published price for each month

Months reported

354

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	53,889 bbl	$3,343,827
Casinghead gas	Production	544,827 Mcf	$1,864,690
Total			$5,208,516

470 Mcf of this lease's gas, across 1 month, 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 (3)

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 31.4424, -102.1821. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.44224, -102.18226 · 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

33.3%

1 of 3 wells

With a plug date

33.3%

1 of 3 wells

Median depth

10,709 ft

3 wells filed one

Completion to plug

63.9 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

133.3%

A plug date is filed

133.3%

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

133.3%

NeitherNo plug date, and not on the schedule.

266.7%

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 10,225 and 12,439 ft, median 10,709 ft, over the 3 wells that filed a depth.

Completions filed

Jul 1962 – Dec 2014

3 of 3 wells

Plug dates filed

Jun 2026

1 of 3 wells; 2 filed none

Last completion to plug: a median of 63.9 years across the 1 well that filed both dates, with the middle half between 63.9 years and 63.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-46139226	27	10,709 ft	Dec 2014	—	—
42-46138269	25	10,225 ft	Dec 2012	—	—
42-46103756	21	12,439 ft	Jul 1962	Jun 2026	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 (354)

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

354 months


May 2026	106	3,233	106.41	3.05	$21,127
Apr 2026	61	1,637	98.93	2.87	$10,732
Mar 2026	39	2,889	89.75	3.15	$12,599
Feb 2026	96	2,183	63.50	3.75	$14,283
Jan 2026	106	2,382	59.13	8.00	$25,319
Dec 2025	148	2,554	56.66	4.41	$19,657
Nov 2025	126	2,370	58.59	3.93	$16,688
Oct 2025	54	2,021	59.38	3.30	$9,886
Sep 2025	99	2,269	62.74	3.08	$13,193
Aug 2025	144	3,248	63.93	3.01	$18,998
Jul 2025	138	3,142	66.74	3.32	$19,626
Jun 2025	150	2,875	66.48	3.13	$18,967
May 2025	116	2,850	60.55	3.23	$16,236
Apr 2025	98	2,056	62.36	3.54	$13,396
Mar 2025	141	2,503	67.70	4.27	$20,229
Feb 2025	176	2,981	70.88	4.34	$25,415
Jan 2025	146	2,870	74.32	4.28	$23,131
Dec 2024	100	0	68.99	3.12	$6,899
Nov 2024	121	2,762	69.05	2.20	$14,427
Oct 2024	123	2,792	71.37	2.28	$15,148
Sep 2024	97	2,733	69.61	2.36	$13,214
Aug 2024	65	3,324	75.63	2.06	$11,775
Jul 2024	66	3,020	79.93	2.15	$11,758
Jun 2024	113	3,133	78.08	2.63	$17,075
May 2024	147	3,169	78.81	2.20	$18,552
Apr 2024	168	3,109	84.45	1.66	$19,346
Mar 2024	129	1,794	80.30	1.55	$13,131
Feb 2024	189	1,865	76.09	1.78	$17,708
Jan 2024	83	1,683	73.02	3.30	$11,611
Dec 2023	126	3,735	71.26	2.61	$18,730
Nov 2023	109	2,896	77.89	2.81	$16,621
Oct 2023	143	2,633	85.44	3.09	$20,347
Sep 2023	125	2,631	89.04	2.74	$18,326
Aug 2023	92	2,408	80.52	2.67	$13,844
Jul 2023	120	2,557	74.85	2.64	$15,737
Jun 2023	85	2,024	68.96	2.26	$10,433
May 2023	118	2,202	70.62	2.23	$13,238
Apr 2023	256	2,690	78.12	2.24	$26,018
Mar 2023	220	2,553	72.85	2.39	$22,137
Feb 2023	179	1,920	75.11	2.47	$18,179
Jan 2023	72	1,233	76.53	3.39	$9,687
Dec 2022	161	2,182	76.41	5.73	$24,803
Nov 2022	183	2,492	85.00	5.65	$29,625
Oct 2022	208	2,537	87.18	5.86	$33,010
Sep 2022	113	1,936	84.88	8.16	$25,396
Aug 2022	77	2,139	94.52	9.13	$26,801
Jul 2022	47	1,918	101.58	7.54	$19,240
Jun 2022	79	1,701	115.09	7.98	$22,661
May 2022	158	3,056	109.37	8.43	$43,052
Apr 2022	152	2,425	104.22	6.84	$32,423
Mar 2022	150	2,765	108.88	5.08	$30,368
Feb 2022	166	2,113	91.05	4.86	$25,381
Jan 2022	181	3,037	81.84	4.54	$28,594
Dec 2021	122	2,923	71.32	3.90	$20,098
Nov 2021	132	2,975	77.43	5.24	$25,800
Oct 2021	115	2,288	79.79	5.71	$22,249
Sep 2021	58	1,812	69.86	5.35	$13,748
Aug 2021	36	1,423	66.02	4.22	$8,383
Jul 2021	79	1,545	70.78	3.98	$11,744
Jun 2021	133	2,346	69.49	3.38	$17,173
May 2021	137	2,702	63.48	3.02	$16,851
Apr 2021	149	2,405	60.36	2.76	$15,628
Mar 2021	183	1,849	61.30	2.72	$16,242
Feb 2021	119	1,061	57.80	5.55	$12,765
Jan 2021	208	1,399	50.41	2.81	$14,417
Dec 2020	121	1,939	44.64	2.68	$10,589
Nov 2020	125	2,133	38.77	2.71	$10,619
Oct 2020	135	3,298	36.97	2.48	$13,165
Sep 2020	146	3,333	37.09	1.99	$12,051
Aug 2020	159	2,324	39.98	2.39	$11,900
Jul 2020	109	2,536	38.37	1.83	$8,811
Jun 2020	137	2,598	34.90	1.69	$9,173
May 2020	120	1,522	16.92	1.81	$4,792
Apr 2020	112	1,465	14.75	1.80	$4,295
Mar 2020	111	1,452	30.34	1.86	$6,063
Feb 2020	151	1,424	49.88	1.98	$10,352
Jan 2020	198	1,645	57.25	2.09	$14,781
Dec 2019	166	1,893	59.01	2.30	$14,158
Nov 2019	186	1,947	55.30	2.75	$15,641
Oct 2019	389	3,112	53.47	2.42	$28,326
Sep 2019	427	3,201	55.05	2.66	$32,012
Aug 2019	350	3,261	53.11	2.30	$26,103
Jul 2019	333	4,039	56.27	2.46	$28,674
Jun 2019	443	2,989	52.78	2.49	$30,828
May 2019	660	2,633	58.48	2.74	$45,812
Apr 2019	250	2,797	62.63	2.75	$23,351
Mar 2019	247	3,129	56.80	3.06	$23,611
Feb 2019	272	2,791	50.85	2.79	$21,624
Jan 2019	294	2,736	46.03	3.23	$22,365
Dec 2018	283	3,068	46.59	4.19	$26,026
Nov 2018	282	2,850	52.93	4.24	$27,002
Oct 2018	312	2,944	61.44	3.40	$29,173
Sep 2018	256	2,896	59.54	3.11	$24,243
Aug 2018	270	2,900	59.40	3.07	$24,931
Jul 2018	252	3,057	65.14	2.93	$25,378
Jun 2018	182	2,141	60.18	3.08	$17,540
May 2018	243	2,293	65.38	2.90	$22,539
Apr 2018	323	2,552	63.84	2.90	$28,023
Mar 2018	400	2,991	61.22	2.79	$32,823
Feb 2018	308	2,142	61.78	2.77	$24,953
Jan 2018	368	2,514	62.87	4.01	$33,216
Dec 2017	412	2,599	57.27	2.92	$31,188
Nov 2017	494	2,832	55.42	3.12	$36,209
Oct 2017	394	3,081	49.29	2.98	$28,613
Sep 2017	274	2,488	47.52	3.09	$20,702
Aug 2017	229	2,536	45.37	3.00	$18,009
Jul 2017	272	3,861	43.87	3.09	$23,853
Jun 2017	228	3,511	42.49	3.09	$20,527
May 2017	359	3,253	45.37	3.26	$26,904
Apr 2017	368	4,237	47.93	3.21	$31,246
Mar 2017	386	4,825	46.77	2.98	$32,449
Feb 2017	464	4,230	50.45	2.95	$35,898
Jan 2017	420	4,091	49.41	3.42	$34,739
Dec 2016	301	4,430	48.76	3.72	$31,169
Nov 2016	429	4,565	42.49	2.64	$30,300
Oct 2016	258	4,170	46.19	3.09	$24,803
Sep 2016	215	4,100	41.55	3.10	$21,646
Aug 2016	248	4,601	41.44	2.92	$23,732
Jul 2016	287	4,942	41.62	2.92	$26,397
Jun 2016	257	4,876	45.35	2.69	$24,751
May 2016	248	4,917	42.52	1.99	$20,335
Apr 2016	247	4,900	36.56	1.99	$18,786
Mar 2016	238	5,343	33.01	1.79	$17,442
Feb 2016	307	4,819	26.47	2.06	$18,071
Jan 2016	465	4,742	27.35	2.36	$23,930
Dec 2015	512	4,785	32.36	2.00	$26,145
Nov 2015	588	5,485	38.79	2.17	$34,696
Oct 2015	611	5,921	43.55	2.43	$40,977
Sep 2015	607	5,868	42.99	2.76	$42,281
Aug 2015	530	6,103	40.16	2.87	$38,816
Jul 2015	576	6,064	48.15	2.95	$45,593
Jun 2015	453	6,945	56.15	2.88	$45,457
May 2015	576	8,253	55.21	2.96	$56,192
Apr 2015	637	6,954	49.82	2.71	$50,557
Mar 2015	788	5,278	42.89	2.93	$49,287
Feb 2015	685	3,951	44.66	2.98	$42,351
Jan 2015	1,111	4,977	43.43	3.10	$63,683
Dec 2014	243	3,806	54.69	3.59	$26,958
Nov 2014	141	2,783	70.46	4.25	$21,768
Oct 2014	274	3,140	78.30	3.90	$33,703
Sep 2014	266	3,232	86.16	4.05	$35,993
Aug 2014	423	2,686	89.39	4.04	$48,650
Jul 2014	445	2,909	96.56	4.18	$55,128
Jun 2014	336	2,418	98.16	4.74	$44,436
May 2014	366	3,087	94.73	4.73	$49,262
Apr 2014	296	2,634	95.94	4.81	$41,065
Mar 2014	369	2,900	95.89	5.06	$50,048
Feb 2014	401	2,936	97.40	6.19	$57,237
Jan 2014	547	3,169	90.40	4.86	$64,852
Dec 2013	417	2,870	91.82	4.35	$50,786
Nov 2013	419	2,908	88.85	3.74	$48,099
Oct 2013	567	3,571	97.42	3.78	$68,733
Sep 2013	519	2,877	104.11	3.72	$64,729
Aug 2013	517	3,203	104.25	3.52	$65,180
Jul 2013	431	2,793	102.52	3.72	$54,570
Jun 2013	710	3,666	94.40	3.93	$81,444
May 2013	941	4,501	94.83	4.15	$107,910
Apr 2013	906	4,933	93.96	4.28	$106,254
Mar 2013	810	3,755	93.62	3.91	$90,525
Feb 2013	1,091	3,915	91.23	3.42	$112,921
Jan 2013	1,758	3,561	91.60	3.42	$173,211
Dec 2012	1,902	5,000	86.77	3.42	$182,137
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	2	0	131.33	13.03	$263
May 2008	22	0	123.17	11.57	$2,710
Apr 2008	57	2,010	110.31	10.45	$27,302
Mar 2008	56	2,057	101.90	9.66	$25,585
Feb 2008	56	1,806	92.53	8.77	$21,021
Jan 2008	57	2,036	90.38	8.21	$21,859
Dec 2007	53	1,998	88.33	7.30	$19,271
Nov 2007	60	1,835	91.67	7.29	$18,880
Oct 2007	62	2,383	82.85	6.92	$21,632
Sep 2007	0	166	75.84	6.24	$1,037
Aug 2007	0	134	69.06	6.39	$856
Jul 2007	0	159	70.90	6.39	$1,016
Jun 2007	0	169	62.00	7.55	$1,276
May 2007	0	163	58.74	7.85	$1,279
Apr 2007	0	127	59.61	7.81	$991
Mar 2007	0	132	56.92	7.30	$964
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	135	50.30	6.73	$908
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	162	60.08	5.04	$816
Aug 2006	0	173	68.71	7.34	$1,270
Jul 2006	0	332	69.37	6.34	$2,106
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	131	56.70	7.08	$928
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	118	60.59	8.93	$1,054
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	2	131	58.34	13.80	$1,924
Sep 2005	26	131	61.45	12.08	$3,180
Aug 2005	32	139	61.51	9.80	$3,330
Jul 2005	12	277	55.69	7.84	$2,841
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	2	0	15.79	2.32	$32
Apr 1999	17	450	15.10	2.21	$1,250
Mar 1999	49	486	12.47	1.84	$1,504
Feb 1999	37	512	9.98	1.82	$1,300
Jan 1999	71	631	10.38	1.90	$1,936
Dec 1998	94	575	9.20	1.77	$1,884
Nov 1998	99	506	10.89	2.19	$2,184
Oct 1998	158	613	12.42	1.97	$3,169
Sep 1998	115	497	12.59	2.08	$2,483
Aug 1998	75	659	11.30	1.91	$2,104
Jul 1998	98	948	11.74	2.24	$3,271
Jun 1998	160	691	11.24	2.24	$3,344
May 1998	149	820	12.62	2.21	$3,690
Apr 1998	55	790	13.04	2.51	$2,696
Mar 1998	49	837	12.80	2.31	$2,560
Feb 1998	72	695	13.95	2.30	$2,602
Jan 1998	146	871	14.70	2.15	$4,023
Dec 1997	44	758	16.32	2.41	$2,546
Nov 1997	63	1,061	18.19	3.09	$4,423
Oct 1997	44	1,746	19.25	3.15	$6,347
Sep 1997	47	1,370	17.74	2.95	$4,882
Aug 1997	37	1,420	17.86	2.55	$4,289
Jul 1997	146	1,134	17.58	2.25	$5,115
Jun 1997	291	971	17.24	2.26	$7,209
May 1997	231	911	18.97	2.31	$6,485
Apr 1997	228	797	17.88	2.08	$5,737
Mar 1997	293	601	18.95	1.94	$6,718
Feb 1997	271	490	20.49	2.21	$6,634
Jan 1997	1,433	5,324	23.48	3.54	$52,492
Dec 1996	993	470	23.32	—	$23,157

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.

May 2026 — as filed, then multipliedworked

Oil                  106 bbl  × $106.41 =    $11,279
Casinghead gas     3,233 Mcf  × $  3.05 =     $9,847

────────────────────────────────────────────────────
Month total                                  $21,127

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/14509 is the state's own key, not one this site invented.