PETTIT, J. B."14"

Name: PETTIT, J. B."14" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) 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 1562District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$1.6 M

Jan 1993 – Feb 2022

Value, last 12 filed months

at the published price for each month

Months reported

350

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	11,295 bbl	$425,753
Casinghead gas	Production	340,475 Mcf	$1,150,257
Total			$1,576,009

81,964 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 31.4526, -101.5944. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.45265, -101.59438 · 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

7,882 ft

2 wells filed one

Completion to plug

43.6 years

median over 1 well

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 7,865 and 7,898 ft, median 7,882 ft, over the 2 wells that filed a depth.

Completions filed

Feb 1978

1 of 2 wells; 1 filed none

Plug dates filed

Apr 1986 – Sep 2021

2 of 2 wells

Last completion to plug: a median of 43.6 years across the 1 well that filed both dates, with the middle half between 43.6 years and 43.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38301011	1	7,898 ft	—	Apr 1986	Yes
42-38331194	2	7,865 ft	Feb 1978	Sep 2021	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 (350)

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

350 months


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	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	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	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	150	121	46.59	4.19	$7,495
Nov 2018	0	632	52.93	4.24	$2,678
Oct 2018	0	706	61.44	3.40	$2,399
Sep 2018	0	470	59.54	3.11	$1,461
Aug 2018	0	686	59.40	3.07	$2,104
Jul 2018	0	635	65.14	2.93	$1,862
Jun 2018	0	506	60.18	3.08	$1,557
May 2018	0	492	65.38	2.90	$1,427
Apr 2018	0	687	63.84	2.90	$1,993
Mar 2018	85	570	61.22	2.79	$6,792
Feb 2018	0	711	61.78	2.77	$1,967
Jan 2018	0	318	62.87	4.01	$1,275
Dec 2017	0	524	57.27	2.92	$1,531
Nov 2017	0	611	55.42	3.12	$1,905
Oct 2017	68	636	49.29	2.98	$5,249
Sep 2017	0	611	47.52	3.09	$1,886
Aug 2017	0	717	45.37	3.00	$2,154
Jul 2017	0	647	43.87	3.09	$1,997
Jun 2017	0	680	42.49	3.09	$2,099
May 2017	151	722	45.37	3.26	$9,207
Apr 2017	0	746	47.93	3.21	$2,396
Mar 2017	0	848	46.77	2.98	$2,530
Feb 2017	0	588	50.45	2.95	$1,736
Jan 2017	0	410	49.41	3.42	$1,402
Dec 2016	0	572	48.76	3.72	$2,129
Nov 2016	0	454	42.49	2.64	$1,201
Oct 2016	0	622	46.19	3.09	$1,922
Sep 2016	0	686	41.55	3.10	$2,127
Aug 2016	172	715	41.44	2.92	$9,219
Jul 2016	0	680	41.62	2.92	$1,989
Jun 2016	0	698	45.35	2.69	$1,875
May 2016	0	738	42.52	1.99	$1,469
Apr 2016	0	742	36.56	1.99	$1,477
Mar 2016	0	671	33.01	1.79	$1,204
Feb 2016	0	498	26.47	2.06	$1,028
Jan 2016	0	658	27.35	2.36	$1,556
Dec 2015	175	717	32.36	2.00	$7,098
Nov 2015	0	691	38.79	2.17	$1,498
Oct 2015	0	683	43.55	2.43	$1,657
Sep 2015	0	711	42.99	2.76	$1,961
Aug 2015	0	729	40.16	2.87	$2,094
Jul 2015	0	766	48.15	2.95	$2,256
Jun 2015	0	753	56.15	2.88	$2,171
May 2015	168	355	55.21	2.96	$10,324
Apr 2015	0	725	49.82	2.71	$1,962
Mar 2015	0	742	42.89	2.93	$2,178
Feb 2015	0	680	44.66	2.98	$2,024
Jan 2015	0	735	43.43	3.10	$2,279
Dec 2014	0	775	54.69	3.59	$2,783
Nov 2014	0	682	70.46	4.25	$2,900
Oct 2014	164	707	78.30	3.90	$15,599
Sep 2014	0	623	86.16	4.05	$2,520
Aug 2014	0	749	89.39	4.04	$3,022
Jul 2014	0	676	96.56	4.18	$2,825
Jun 2014	0	744	98.16	4.74	$3,524
May 2014	0	788	94.73	4.73	$3,725
Apr 2014	0	602	95.94	4.81	$2,895
Mar 2014	0	769	95.89	5.06	$3,889
Feb 2014	181	648	97.40	6.19	$21,642
Jan 2014	0	708	90.40	4.86	$3,441
Dec 2013	0	682	91.82	4.35	$2,970
Nov 2013	0	652	88.85	3.74	$2,437
Oct 2013	0	795	97.42	3.78	$3,005
Sep 2013	0	608	104.11	3.72	$2,260
Aug 2013	0	424	104.25	3.52	$1,494
Jul 2013	179	787	102.52	3.72	$21,277
Jun 2013	0	766	94.40	3.93	$3,013
May 2013	0	793	94.83	4.15	$3,290
Apr 2013	0	774	93.96	4.28	$3,315
Mar 2013	0	790	93.62	3.91	$3,091
Feb 2013	0	730	91.23	3.42	$2,497
Jan 2013	0	776	91.60	3.42	$2,654
Dec 2012	0	806	86.77	3.42	$2,757
Nov 2012	0	809	86.95	3.62	$2,933
Oct 2012	169	835	89.38	3.40	$17,944
Sep 2012	0	839	94.67	2.92	$2,449
Aug 2012	0	664	92.66	2.91	$1,931
Jul 2012	0	849	85.13	3.02	$2,565
Jun 2012	0	704	79.82	2.52	$1,773
May 2012	0	811	91.61	2.49	$2,018
Apr 2012	0	780	101.65	2.00	$1,558
Mar 2012	175	803	105.05	2.22	$20,168
Feb 2012	0	753	101.10	2.57	$1,935
Jan 2012	0	801	98.09	2.73	$2,190
Dec 2011	0	796	96.87	3.24	$2,579
Nov 2011	0	777	95.72	3.31	$2,573
Oct 2011	0	804	84.98	3.65	$2,933
Sep 2011	0	785	83.62	3.99	$3,129
Aug 2011	166	821	83.40	4.15	$17,251
Jul 2011	0	855	94.14	4.52	$3,862
Jun 2011	0	824	92.90	4.64	$3,823
May 2011	0	860	98.13	4.40	$3,788
Apr 2011	0	835	105.96	4.33	$3,618
Mar 2011	0	844	96.36	4.06	$3,424
Feb 2011	0	683	85.64	4.18	$2,855
Jan 2011	0	783	86.50	4.59	$3,593
Dec 2010	168	804	85.73	4.35	$17,898
Nov 2010	0	826	80.84	3.80	$3,135
Oct 2010	0	646	78.10	3.51	$2,267
Sep 2010	0	800	72.63	3.98	$3,184
Aug 2010	0	883	73.68	4.42	$3,902
Jul 2010	0	746	72.55	4.74	$3,533
Jun 2010	0	828	70.36	4.91	$4,066
May 2010	172	808	71.12	4.24	$15,655
Apr 2010	0	780	81.69	4.12	$3,216
Mar 2010	0	853	78.39	4.39	$3,744
Feb 2010	0	771	73.58	5.44	$4,196
Jan 2010	0	850	74.36	5.96	$5,069
Dec 2009	0	841	71.44	5.48	$4,612
Nov 2009	125	696	74.59	3.75	$11,935
Oct 2009	0	912	72.54	4.11	$3,749
Sep 2009	0	887	65.54	3.06	$2,718
Aug 2009	0	924	67.42	3.22	$2,974
Jul 2009	0	870	61.13	3.46	$3,014
Jun 2009	157	877	66.16	3.90	$13,803
May 2009	0	877	54.74	3.93	$3,443
Apr 2009	0	911	46.77	3.59	$3,268
Mar 2009	0	951	42.14	4.06	$3,860
Feb 2009	0	862	32.81	4.63	$3,994
Jan 2009	171	1,006	35.86	5.37	$11,535
Dec 2008	0	907	37.10	5.98	$5,421
Nov 2008	0	472	55.49	6.86	$3,238
Oct 2008	0	755	75.24	6.92	$5,226
Sep 2008	0	968	101.76	7.88	$7,625
Aug 2008	0	1,012	114.22	8.48	$8,585
Jul 2008	169	1,035	131.08	11.39	$33,941
Jun 2008	0	1,032	131.33	13.03	$13,450
May 2008	0	939	123.17	11.57	$10,868
Apr 2008	0	937	110.31	10.45	$9,796
Mar 2008	195	955	101.90	9.66	$29,100
Feb 2008	0	987	92.53	8.77	$8,657
Jan 2008	0	1,026	90.38	8.21	$8,419
Dec 2007	0	1,014	88.33	7.30	$7,404
Nov 2007	245	990	91.67	7.29	$29,678
Oct 2007	0	881	82.85	6.92	$6,098
Sep 2007	0	507	75.84	6.24	$3,166
Aug 2007	1	692	69.06	6.39	$4,490
Jul 2007	0	360	70.90	6.39	$2,300
Jun 2007	0	34	62.00	7.55	$257
May 2007	0	639	58.74	7.85	$5,014
Apr 2007	1	858	59.61	7.81	$6,756
Mar 2007	0	1,183	56.92	7.30	$8,638
Feb 2007	0	1,069	55.10	8.22	$8,783
Jan 2007	89	1,142	50.30	6.73	$12,159
Dec 2006	0	1,025	56.65	6.92	$7,091
Nov 2006	0	692	54.20	7.62	$5,271
Oct 2006	0	915	54.90	6.01	$5,503
Sep 2006	0	915	60.08	5.04	$4,609
Aug 2006	0	884	68.71	7.34	$6,488
Jul 2006	0	793	69.37	6.34	$5,030
Jun 2006	0	835	66.28	6.38	$5,331
May 2006	0	957	66.01	6.42	$6,149
Apr 2006	0	851	64.39	7.36	$6,264
Mar 2006	0	1,022	56.70	7.08	$7,239
Feb 2006	0	805	57.59	7.75	$6,240
Jan 2006	0	1,027	60.59	8.93	$9,175
Dec 2005	0	949	54.94	13.42	$12,731
Nov 2005	0	983	54.69	10.59	$10,408
Oct 2005	0	1,013	58.34	13.80	$13,975
Sep 2005	0	1,068	61.45	12.08	$12,900
Aug 2005	0	1,166	61.51	9.80	$11,423
Jul 2005	0	1,174	55.69	7.84	$9,208
Jun 2005	0	1,154	52.33	7.38	$8,518
May 2005	310	1,182	45.22	6.65	$21,880
Apr 2005	0	1,157	49.20	7.36	$8,516
Mar 2005	0	1,179	50.37	7.15	$8,436
Feb 2005	0	1,049	45.22	6.31	$6,621
Jan 2005	0	1,165	43.16	6.32	$7,365
Dec 2004	0	1,191	39.86	6.75	$8,041
Nov 2004	0	1,183	45.28	6.33	$7,489
Oct 2004	0	1,253	49.70	6.52	$8,163
Sep 2004	0	1,168	43.24	5.28	$6,172
Aug 2004	0	1,268	42.37	5.55	$7,038
Jul 2004	428	1,251	38.28	6.08	$23,995
Jun 2004	0	1,246	36.10	6.43	$8,016
May 2004	0	1,284	37.48	6.49	$8,339
Apr 2004	0	1,241	34.47	5.86	$7,270
Mar 2004	0	1,284	34.36	5.53	$7,101
Feb 2004	0	1,205	32.45	5.51	$6,639
Jan 2004	0	1,311	32.03	6.30	$8,259
Dec 2003	0	1,293	30.26	6.30	$8,148
Nov 2003	0	1,239	28.80	4.60	$5,693
Oct 2003	0	1,340	28.17	4.76	$6,378
Sep 2003	0	1,161	26.31	4.75	$5,514
Aug 2003	0	1,295	29.76	5.13	$6,643
Jul 2003	426	1,313	29.41	5.17	$19,318
Jun 2003	0	1,284	28.56	5.98	$7,682
May 2003	0	1,362	26.59	5.97	$8,135
Apr 2003	0	1,316	26.67	5.41	$7,116
Mar 2003	0	1,374	31.14	6.10	$8,376
Feb 2003	0	1,264	33.48	7.93	$10,018
Jan 2003	0	1,218	30.31	5.58	$6,799
Dec 2002	0	1,133	26.91	4.85	$5,499
Nov 2002	0	1,263	24.66	4.14	$5,225
Oct 2002	0	1,365	26.46	4.23	$5,773
Sep 2002	0	1,359	27.44	3.64	$4,940
Aug 2002	0	1,320	25.96	3.16	$4,177
Jul 2002	409	1,168	24.58	3.06	$13,629
Jun 2002	0	1,367	23.73	3.34	$4,563
May 2002	0	1,245	24.66	3.58	$4,462
Apr 2002	0	1,334	23.65	3.51	$4,685
Mar 2002	0	1,335	22.00	3.10	$4,142
Feb 2002	0	1,231	18.22	2.38	$2,924
Jan 2002	0	1,349	17.17	2.38	$3,205
Dec 2001	0	1,376	16.93	2.36	$3,253
Nov 2001	432	1,345	18.07	2.41	$11,042
Oct 2001	0	1,493	19.78	2.53	$3,776
Sep 2001	0	1,450	24.26	2.25	$3,264
Aug 2001	0	1,170	24.87	3.05	$3,572
Jul 2001	0	1,299	23.93	3.20	$4,153
Jun 2001	0	1,298	24.56	3.82	$4,964
May 2001	0	1,335	25.52	4.31	$5,750
Apr 2001	0	1,290	24.68	5.34	$6,883
Mar 2001	354	1,262	24.54	5.38	$15,472
Feb 2001	0	1,136	27.75	5.77	$6,551
Jan 2001	0	1,288	27.47	8.40	$10,818
Dec 2000	0	1,180	26.88	9.12	$10,765
Nov 2000	0	1,143	32.21	5.66	$6,467
Oct 2000	0	1,301	31.23	5.15	$6,694
Sep 2000	0	1,148	31.87	5.19	$5,954
Aug 2000	0	968	29.64	4.54	$4,395
Jul 2000	60	943	28.53	4.09	$5,568
Jun 2000	272	968	29.30	4.40	$12,226
May 2000	0	1,060	27.26	3.68	$3,901
Apr 2000	0	1,003	24.51	3.12	$3,125
Mar 2000	0	1,101	28.42	2.86	$3,149
Feb 2000	2	1,340	27.62	2.73	$3,709
Jan 2000	0	1,298	25.27	2.48	$3,220
Dec 1999	2	1,315	24.28	2.42	$3,236
Nov 1999	4	1,234	23.19	2.43	$3,096
Oct 1999	398	1,390	20.98	2.80	$12,247
Sep 1999	3	1,425	21.75	2.62	$3,797
Aug 1999	0	1,408	19.26	2.88	$4,049
Jul 1999	1	1,512	17.89	2.37	$3,605
Jun 1999	5	1,415	15.94	2.36	$3,422
May 1999	2	1,345	15.79	2.32	$3,153
Apr 1999	5	1,407	15.10	2.21	$3,182
Mar 1999	364	1,351	12.47	1.84	$7,023
Feb 1999	0	1,267	9.98	1.82	$2,303
Jan 1999	2	1,387	10.38	1.90	$2,656
Dec 1998	2	1,392	9.20	1.77	$2,487
Nov 1998	6	1,421	10.89	2.19	$3,171
Oct 1998	4	1,482	12.42	1.97	$2,968
Sep 1998	2	1,532	12.59	2.08	$3,216
Aug 1998	427	1,364	11.30	1.91	$7,427
Jul 1998	0	1,225	11.74	2.24	$2,741
Jun 1998	1	1,420	11.24	2.24	$3,188
May 1998	1	1,618	12.62	2.21	$3,582
Apr 1998	0	1,371	13.04	2.51	$3,435
Mar 1998	4	1,318	12.80	2.31	$3,095
Feb 1998	2	1,371	13.95	2.30	$3,180
Jan 1998	5	1,545	14.70	2.15	$3,403
Dec 1997	4	1,462	16.32	2.41	$3,590
Nov 1997	1	1,352	18.19	3.09	$4,194
Oct 1997	3	1,589	19.25	3.15	$5,063
Sep 1997	5	1,670	17.74	2.95	$5,023
Aug 1997	475	1,767	17.86	2.55	$12,998
Jul 1997	2	2,005	17.58	2.25	$4,540
Jun 1997	3	1,910	17.24	2.26	$4,363
May 1997	0	1,343	18.97	2.31	$3,100
Apr 1997	2	1,373	17.88	2.08	$2,895
Mar 1997	1	1,563	18.95	1.94	$3,050
Feb 1997	1	1,360	20.49	2.21	$3,021
Jan 1997	0	1,567	23.48	3.54	$5,547
Dec 1996	0	1,589	23.32	—	$0
Nov 1996	266	1,432	21.97	—	$5,844
Oct 1996	0	1,502	23.31	—	$0
Sep 1996	0	1,460	22.22	—	$0
Aug 1996	1	1,689	20.26	—	$20
Jul 1996	1	1,702	19.55	—	$20
Jun 1996	2	1,838	18.73	—	$37
May 1996	2	1,449	19.43	—	$39
Apr 1996	0	1,632	21.51	—	$0
Mar 1996	241	1,589	19.38	—	$4,671
Feb 1996	5	1,562	16.98	—	$85
Jan 1996	1	1,627	17.07	—	$17
Dec 1995	2	1,731	17.19	—	$34
Nov 1995	0	1,438	16.00	—	$0
Oct 1995	365	1,823	15.43	—	$5,632
Sep 1995	1	1,796	16.18	—	$16
Aug 1995	2	1,890	15.92	—	$32
Jul 1995	1	1,892	15.24	—	$15
Jun 1995	2	1,864	16.41	—	$33
May 1995	458	1,872	17.56	—	$8,042
Apr 1995	2	1,795	17.73	—	$35
Mar 1995	2	1,684	16.44	—	$33
Feb 1995	1	1,600	16.58	—	$17
Jan 1995	2	1,686	15.92	—	$32
Dec 1994	7	1,592	15.03	—	$105
Nov 1994	300	1,593	15.90	—	$4,770
Oct 1994	0	1,730	15.58	—	$0
Sep 1994	0	1,650	15.29	—	$0
Aug 1994	0	1,890	16.13	—	$0
Jul 1994	3	1,516	17.56	—	$53
Jun 1994	430	1,779	17.09	—	$7,349
May 1994	2	1,932	15.88	—	$32
Apr 1994	11	1,835	14.14	—	$156
Mar 1994	7	1,693	12.46	—	$87
Feb 1994	435	1,634	12.50	—	$5,438
Jan 1994	0	1,677	12.66	—	$0
Dec 1993	1	1,641	12.33	—	$12
Nov 1993	0	1,112	14.49	—	$0
Oct 1993	2	1,768	15.85	—	$32
Sep 1993	2	2,073	15.03	—	$30
Aug 1993	5	1,698	15.66	—	$78
Jul 1993	2	1,648	15.46	—	$31
Jun 1993	315	1,551	16.79	—	$5,289
May 1993	4	1,841	17.68	—	$71
Apr 1993	0	1,941	18.05	—	$0
Mar 1993	484	1,885	18.14	—	$8,780
Feb 1993	1	1,923	17.90	—	$18
Jan 1993	1	2,220	16.93	—	$17

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.

Dec 2018 — as filed, then multipliedworked

Oil                  150 bbl  × $ 46.59 =     $6,989
Casinghead gas       121 Mcf  × $  4.19 =       $506

────────────────────────────────────────────────────
Month total                                   $7,495

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/1562 is the state's own key, not one this site invented.