UNIVERSITY 09
Operated by PERMIAN RESOURCES OPERATING, LLC (P-5 100852) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.
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.
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 | 1,414,117 bbl | $97,001,858 |
| Casinghead gas | Production | 15,158,339 Mcf | $56,727,175 |
| Total | $153,729,033 | ||
Wells on this lease (56)
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 31.2715, -101.5868. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.5 miles.
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.
What the state filed about each well
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, 56 of 56 wells. Median 8,143 ft, with the middle half between 7,834 and 8,271 ft; the shallowest is 587 ft and the deepest 8,578 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, 56 of 56 wells, Jul 2012 – Aug 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.
Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.
56 wells
| 42-38338572 | 1822H | 8,442 ft | Aug 2023 | — | — |
| 42-38338448 | 1805H | 7,820 ft | Apr 2022 | — | — |
| 42-38339025 | 1816H | 8,476 ft | Nov 2021 | — | — |
| 42-38338463 | 1819H | 8,480 ft | Sep 2021 | — | — |
| 42-38338443 | 1806H | 7,775 ft | Sep 2021 | — | — |
| 42-38339203 | 0804H | 7,954 ft | Sep 2021 | — | — |
| 42-38337955 | 0802H | 8,161 ft | Jul 2021 | — | — |
| 42-38338440 | 0817H | 8,256 ft | Jul 2021 | — | — |
| 42-38338445 | 1809H | 8,143 ft | Jun 2021 | — | — |
| 42-38338449 | 1815H | 8,143 ft | Jun 2021 | — | — |
| 42-38339210 | 0812H | 8,201 ft | Jun 2021 | — | — |
| 42-38338328 | 0808H | 8,172 ft | May 2021 | — | — |
| 42-38337939 | 0801H | 8,205 ft | May 2021 | — | — |
| 42-38338453 | 1811H | 8,177 ft | May 2021 | — | — |
| 42-38338096 | 0906H | 7,970 ft | Apr 2021 | — | — |
| 42-38338451 | 1817H | 8,176 ft | Apr 2021 | — | — |
| 42-38337708 | 1802H | 7,830 ft | Apr 2021 | — | — |
| 42-38338928 | 0912H | 7,882 ft | Jul 2015 | — | — |
| 42-38337940 | 0902H | 8,268 ft | Jul 2015 | — | — |
| 42-38338937 | 0921H | 7,894 ft | Jul 2015 | — | — |
| 42-38339288 | 1828H | 7,775 ft | Apr 2015 | — | — |
| 42-38338574 | 1827H | 8,115 ft | Apr 2015 | — | — |
| 42-38338573 | 1826H | 8,423 ft | Mar 2015 | — | — |
| 42-38339202 | 0806H | 7,823 ft | Mar 2015 | — | — |
| 42-38339211 | 0811H | 7,816 ft | Mar 2015 | — | — |
| 42-38339205 | 0813H | 8,332 ft | Mar 2015 | — | — |
| 42-38338441 | 0818H | 7,836 ft | Mar 2015 | — | — |
| 42-38338158 | 0907H | 8,571 ft | Dec 2014 | — | — |
| 42-38338151 | 0913H | 8,578 ft | Dec 2014 | — | — |
| 42-38338857 | 0918H | 8,281 ft | Dec 2014 | — | — |
| 42-38338033 | 0903H | 7,974 ft | Nov 2014 | — | — |
| 42-38338469 | 1823H | 8,464 ft | Jun 2014 | — | — |
| 42-38338452 | 1814H | 7,676 ft | Jun 2014 | — | — |
| 42-38338454 | 1812H | 7,835 ft | May 2014 | — | — |
| 42-38338538 | 1825H | 8,237 ft | May 2014 | — | — |
| 42-38337800 | 1803H | 7,855 ft | May 2014 | — | — |
| 42-38338473 | 1821H | 8,426 ft | Apr 2014 | — | — |
| 42-38337867 | 0701D | 4,488 ft | Apr 2014 | — | — |
| 42-38338450 | 1807H | 7,808 ft | Apr 2014 | — | — |
| 42-38338459 | 1810H | 7,803 ft | Apr 2014 | — | — |
| 42-38338444 | 1808H | 8,145 ft | Apr 2014 | — | — |
| 42-38338460 | 1818H | 8,451 ft | Apr 2014 | — | — |
| 42-38338455 | 1813H | 8,157 ft | Mar 2014 | — | — |
| 42-38338468 | 1820H | 8,506 ft | Mar 2014 | — | — |
| 42-38338171 | 0809H | 7,882 ft | Feb 2014 | — | — |
| 42-38338172 | 0810H | 8,188 ft | Jan 2014 | — | — |
| 42-38338327 | 0819H | 7,869 ft | Dec 2013 | — | — |
| 42-38338329 | 0820H | 7,852 ft | Dec 2013 | — | — |
| 42-38338503 | 1824H | 682 ft | Dec 2013 | — | — |
| 42-38338438 | 0816H | 601 ft | Nov 2013 | — | — |
| 42-38337826 | 1804H | 8,569 ft | Aug 2013 | — | — |
| 42-38337958 | 0901H | 8,230 ft | Jul 2013 | — | — |
| 42-38338095 | 0905H | 8,280 ft | Jul 2013 | — | — |
| 42-38337957 | 0803H | 587 ft | Oct 2012 | — | — |
| 42-38330532 | 0501D | 7,775 ft | Aug 2012 | Jul 2017 | Yes |
| 42-38337669 | 1801H | 8,101 ft | Jul 2012 | — | — |
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.
Leases whose centres are nearest (226)
Ranked by the distance between lease centres, within 5 miles. A lease has no coordinate the state files — each centre is the mean of that lease's own wells, so this measures how far apart two centres are and not whether the two leases touch.
| Lease | Operator | Centres apart |
|---|---|---|
| UNIVERSITY 09 | SABLE PERMIAN RESOURCES, LLC | 0.03 mi |
| 7813 JV-P LAKE 'C' | BTA OIL PRODUCERS | 0.41 mi |
| UNIVERSITY 9-18 | FDL OPERATING, LLC | 0.69 mi |
| 7813 JV-P LAKE D | BTA OIL PRODUCERS, LLC | 0.75 mi |
| UNIVERSITY "9-9" | PERMIAN RESOURCES OPERATING, LLC | 1.05 mi |
| BIG LAKE (SPRABERRY) UNIT | CHEVRON MIDCONTINENT, L.P. | 1.07 mi |
| 7813 JV-P LAKE 'B' | EARTHSTONE OPERATING, LLC | 1.11 mi |
| UL KC WEST A 26-6 | DE CENTRAL OPERATING, LLC | 1.18 mi |
| UNIVERSITY 201 D | CIVITAS PERMIAN OPERATING, LLC | 1.18 mi |
| UNIVERSITY 2505 HZ UNIT | APACHE CORPORATION | 1.20 mi |
The 10 nearest are listed. 226 leases in all have a centre within 5 miles of this one.
Operators who reported on those leases
Taken from the same 5-mile set above. This is who filed production, not who holds acreage — the state publishes no acreage register.
- SABLE PERMIAN RESOURCES, LLC 12 leases, nearest 0.03 mi
- BTA OIL PRODUCERS 1 lease, nearest 0.41 mi
- FDL OPERATING, LLC 2 leases, nearest 0.69 mi
- BTA OIL PRODUCERS, LLC 1 lease, nearest 0.75 mi
- PERMIAN RESOURCES OPERATING, LLC 30 leases, nearest 1.05 mi
- CHEVRON MIDCONTINENT, L.P. 9 leases, nearest 1.07 mi
Every month this lease reported (166)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
166 months
| May 2026 | 10,925 | 87,042 | 106.41 | 3.05 | $1,427,645 |
| Apr 2026 | 11,767 | 98,122 | 98.93 | 2.87 | $1,445,692 |
| Mar 2026 | 13,705 | 147,915 | 89.75 | 3.15 | $1,695,873 |
| Feb 2026 | 13,497 | 125,233 | 63.50 | 3.75 | $1,326,723 |
| Jan 2026 | 13,136 | 115,793 | 59.13 | 8.00 | $1,702,835 |
| Dec 2025 | 14,561 | 127,605 | 56.66 | 4.41 | $1,388,193 |
| Nov 2025 | 8,176 | 108,219 | 58.59 | 3.93 | $903,947 |
| Oct 2025 | 10,180 | 92,060 | 59.38 | 3.30 | $908,732 |
| Sep 2025 | 14,247 | 151,920 | 62.74 | 3.08 | $1,361,302 |
| Aug 2025 | 13,982 | 145,633 | 63.93 | 3.01 | $1,332,918 |
| Jul 2025 | 13,849 | 139,925 | 66.74 | 3.32 | $1,388,162 |
| Jun 2025 | 14,623 | 138,247 | 66.48 | 3.13 | $1,404,673 |
| May 2025 | 15,804 | 133,722 | 60.55 | 3.23 | $1,389,165 |
| Apr 2025 | 15,680 | 139,266 | 62.36 | 3.54 | $1,471,241 |
| Mar 2025 | 16,657 | 147,077 | 67.70 | 4.27 | $1,755,451 |
| Feb 2025 | 15,255 | 123,377 | 70.88 | 4.34 | $1,616,834 |
| Jan 2025 | 13,596 | 117,851 | 74.32 | 4.28 | $1,514,701 |
| Dec 2024 | 14,036 | 121,685 | 68.99 | 3.12 | $1,348,168 |
| Nov 2024 | 13,762 | 123,367 | 69.05 | 2.20 | $1,221,481 |
| Oct 2024 | 16,116 | 137,199 | 71.37 | 2.28 | $1,463,205 |
| Sep 2024 | 15,417 | 128,766 | 69.61 | 2.36 | $1,377,627 |
| Aug 2024 | 15,862 | 160,881 | 75.63 | 2.06 | $1,531,642 |
| Jul 2024 | 16,510 | 171,623 | 79.93 | 2.15 | $1,688,049 |
| Jun 2024 | 17,057 | 190,146 | 78.08 | 2.63 | $1,832,651 |
| May 2024 | 16,542 | 205,085 | 78.81 | 2.20 | $1,754,542 |
| Apr 2024 | 18,145 | 170,786 | 84.45 | 1.66 | $1,815,713 |
| Mar 2024 | 17,394 | 183,937 | 80.30 | 1.55 | $1,680,945 |
| Feb 2024 | 18,081 | 153,922 | 76.09 | 1.78 | $1,650,325 |
| Jan 2024 | 13,954 | 167,408 | 73.02 | 3.30 | $1,570,976 |
| Dec 2023 | 14,060 | 173,745 | 71.26 | 2.61 | $1,455,515 |
| Nov 2023 | 14,371 | 184,959 | 77.89 | 2.81 | $1,638,641 |
| Oct 2023 | 13,685 | 200,204 | 85.44 | 3.09 | $1,787,332 |
| Sep 2023 | 16,059 | 221,136 | 89.04 | 2.74 | $2,034,709 |
| Aug 2023 | 15,354 | 237,723 | 80.52 | 2.67 | $1,871,709 |
| Jul 2023 | 17,381 | 245,853 | 74.85 | 2.64 | $1,950,462 |
| Jun 2023 | 15,900 | 242,091 | 68.96 | 2.26 | $1,643,222 |
| May 2023 | 18,558 | 250,239 | 70.62 | 2.23 | $1,867,948 |
| Apr 2023 | 17,277 | 237,930 | 78.12 | 2.24 | $1,882,109 |
| Mar 2023 | 18,384 | 242,041 | 72.85 | 2.39 | $1,918,517 |
| Feb 2023 | 17,608 | 211,961 | 75.11 | 2.47 | $1,845,165 |
| Jan 2023 | 20,733 | 240,290 | 76.53 | 3.39 | $2,400,732 |
| Dec 2022 | 17,184 | 229,398 | 76.41 | 5.73 | $2,627,269 |
| Nov 2022 | 19,730 | 252,238 | 85.00 | 5.65 | $3,101,236 |
| Oct 2022 | 20,239 | 267,549 | 87.18 | 5.86 | $3,333,279 |
| Sep 2022 | 21,776 | 262,847 | 84.88 | 8.16 | $3,994,146 |
| Aug 2022 | 19,859 | 268,044 | 94.52 | 9.13 | $4,323,553 |
| Jul 2022 | 22,181 | 273,017 | 101.58 | 7.54 | $4,312,262 |
| Jun 2022 | 20,677 | 239,746 | 115.09 | 7.98 | $4,292,218 |
| May 2022 | 19,960 | 245,468 | 109.37 | 8.43 | $4,253,067 |
| Apr 2022 | 21,895 | 248,838 | 104.22 | 6.84 | $3,983,352 |
| Mar 2022 | 19,710 | 261,437 | 108.88 | 5.08 | $3,473,184 |
| Feb 2022 | 20,023 | 231,783 | 91.05 | 4.86 | $2,949,291 |
| Jan 2022 | 21,934 | 245,518 | 81.84 | 4.54 | $2,909,161 |
| Dec 2021 | 23,093 | 268,460 | 71.32 | 3.90 | $2,693,751 |
| Nov 2021 | 24,209 | 263,848 | 77.43 | 5.24 | $3,256,235 |
| Oct 2021 | 25,029 | 259,387 | 79.79 | 5.71 | $3,479,168 |
| Sep 2021 | 22,921 | 247,829 | 69.86 | 5.35 | $2,927,374 |
| Aug 2021 | 25,072 | 305,033 | 66.02 | 4.22 | $2,942,673 |
| Jul 2021 | 26,009 | 298,074 | 70.78 | 3.98 | $3,027,872 |
| Jun 2021 | 24,217 | 261,264 | 69.49 | 3.38 | $2,566,074 |
| May 2021 | 27,828 | 243,242 | 63.48 | 3.02 | $2,500,546 |
| Apr 2021 | 23,743 | 217,182 | 60.36 | 2.76 | $2,032,207 |
| Mar 2021 | 28,325 | 208,521 | 61.30 | 2.72 | $2,302,862 |
| Feb 2021 | 13,589 | 136,376 | 57.80 | 5.55 | $1,542,051 |
| Jan 2021 | 27,233 | 231,624 | 50.41 | 2.81 | $2,023,742 |
| Dec 2020 | 24,115 | 224,964 | 44.64 | 2.68 | $1,678,376 |
| Nov 2020 | 24,743 | 234,426 | 38.77 | 2.71 | $1,593,776 |
| Oct 2020 | 25,949 | 240,465 | 36.97 | 2.48 | $1,555,310 |
| Sep 2020 | 24,501 | 232,737 | 37.09 | 1.99 | $1,372,131 |
| Aug 2020 | 25,102 | 248,200 | 39.98 | 2.39 | $1,595,560 |
| Jul 2020 | 24,229 | 248,344 | 38.37 | 1.83 | $1,382,924 |
| Jun 2020 | 26,416 | 245,536 | 34.90 | 1.69 | $1,336,950 |
| May 2020 | 26,715 | 258,428 | 16.92 | 1.81 | $921,000 |
| Apr 2020 | 25,915 | 249,580 | 14.75 | 1.80 | $832,583 |
| Mar 2020 | 28,110 | 266,952 | 30.34 | 1.86 | $1,348,382 |
| 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 | 0 | 0 | 46.59 | 4.19 | $0 |
| Nov 2018 | 0 | 0 | 52.93 | 4.24 | $0 |
| Oct 2018 | 0 | 0 | 61.44 | 3.40 | $0 |
| Sep 2018 | 0 | 0 | 59.54 | 3.11 | $0 |
| Aug 2018 | 0 | 0 | 59.40 | 3.07 | $0 |
| 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 | 0 | 63.84 | 2.90 | $0 |
| Mar 2018 | 0 | 0 | 61.22 | 2.79 | $0 |
| Feb 2018 | 0 | 0 | 61.78 | 2.77 | $0 |
| Jan 2018 | 0 | 0 | 62.87 | 4.01 | $0 |
| Dec 2017 | 0 | 0 | 57.27 | 2.92 | $0 |
| Nov 2017 | 0 | 0 | 55.42 | 3.12 | $0 |
| Oct 2017 | 0 | 0 | 49.29 | 2.98 | $0 |
| Sep 2017 | 0 | 0 | 47.52 | 3.09 | $0 |
| Aug 2017 | 0 | 0 | 45.37 | 3.00 | $0 |
| Jul 2017 | 0 | 0 | 43.87 | 3.09 | $0 |
| Jun 2017 | 0 | 0 | 42.49 | 3.09 | $0 |
| May 2017 | 0 | 0 | 45.37 | 3.26 | $0 |
| Apr 2017 | 0 | 0 | 47.93 | 3.21 | $0 |
| Mar 2017 | 0 | 0 | 46.77 | 2.98 | $0 |
| Feb 2017 | 0 | 0 | 50.45 | 2.95 | $0 |
| Jan 2017 | 0 | 0 | 49.41 | 3.42 | $0 |
| Dec 2016 | 0 | 0 | 48.76 | 3.72 | $0 |
| Nov 2016 | 0 | 0 | 42.49 | 2.64 | $0 |
| Oct 2016 | 0 | 0 | 46.19 | 3.09 | $0 |
| Sep 2016 | 0 | 0 | 41.55 | 3.10 | $0 |
| Aug 2016 | 0 | 0 | 41.44 | 2.92 | $0 |
| Jul 2016 | 0 | 0 | 41.62 | 2.92 | $0 |
| Jun 2016 | 0 | 0 | 45.35 | 2.69 | $0 |
| May 2016 | 0 | 0 | 42.52 | 1.99 | $0 |
| Apr 2016 | 0 | 0 | 36.56 | 1.99 | $0 |
| Mar 2016 | 0 | 0 | 33.01 | 1.79 | $0 |
| Feb 2016 | 0 | 0 | 26.47 | 2.06 | $0 |
| Jan 2016 | 0 | 0 | 27.35 | 2.36 | $0 |
| Dec 2015 | 0 | 0 | 32.36 | 2.00 | $0 |
| Nov 2015 | 0 | 0 | 38.79 | 2.17 | $0 |
| Oct 2015 | 0 | 0 | 43.55 | 2.43 | $0 |
| Sep 2015 | 0 | 0 | 42.99 | 2.76 | $0 |
| Aug 2015 | 0 | 0 | 40.16 | 2.87 | $0 |
| Jul 2015 | 0 | 0 | 48.15 | 2.95 | $0 |
| Jun 2015 | 0 | 0 | 56.15 | 2.88 | $0 |
| May 2015 | 0 | 0 | 55.21 | 2.96 | $0 |
| Apr 2015 | 0 | 0 | 49.82 | 2.71 | $0 |
| Mar 2015 | 0 | 0 | 42.89 | 2.93 | $0 |
| Feb 2015 | 0 | 0 | 44.66 | 2.98 | $0 |
| Jan 2015 | 0 | 0 | 43.43 | 3.10 | $0 |
| Dec 2014 | 0 | 0 | 54.69 | 3.59 | $0 |
| Nov 2014 | 0 | 0 | 70.46 | 4.25 | $0 |
| Oct 2014 | 0 | 0 | 78.30 | 3.90 | $0 |
| Sep 2014 | 0 | 0 | 86.16 | 4.05 | $0 |
| Aug 2014 | 0 | 0 | 89.39 | 4.04 | $0 |
| Jul 2014 | 0 | 0 | 96.56 | 4.18 | $0 |
| Jun 2014 | 0 | 0 | 98.16 | 4.74 | $0 |
| May 2014 | 0 | 0 | 94.73 | 4.73 | $0 |
| Apr 2014 | 0 | 0 | 95.94 | 4.81 | $0 |
| Mar 2014 | 0 | 0 | 95.89 | 5.06 | $0 |
| Feb 2014 | 0 | 0 | 97.40 | 6.19 | $0 |
| Jan 2014 | 0 | 0 | 90.40 | 4.86 | $0 |
| Dec 2013 | 0 | 0 | 91.82 | 4.35 | $0 |
| Nov 2013 | 0 | 0 | 88.85 | 3.74 | $0 |
| Oct 2013 | 0 | 0 | 97.42 | 3.78 | $0 |
| Sep 2013 | 0 | 0 | 104.11 | 3.72 | $0 |
| Aug 2013 | 0 | 0 | 104.25 | 3.52 | $0 |
| Jul 2013 | 0 | 0 | 102.52 | 3.72 | $0 |
| Jun 2013 | 0 | 0 | 94.40 | 3.93 | $0 |
| May 2013 | 0 | 0 | 94.83 | 4.15 | $0 |
| Apr 2013 | 0 | 0 | 93.96 | 4.28 | $0 |
| Mar 2013 | 0 | 0 | 93.62 | 3.91 | $0 |
| Feb 2013 | 0 | 0 | 91.23 | 3.42 | $0 |
| Jan 2013 | 0 | 0 | 91.60 | 3.42 | $0 |
| Dec 2012 | 0 | 0 | 86.77 | 3.42 | $0 |
| 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 |
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.
Oil 10,925 bbl × $106.41 = $1,162,529 Casinghead gas 87,042 Mcf × $ 3.05 = $265,116 ──────────────────────────────────────────────────── Month total $1,427,645
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/17721 is the state's own key, not one this site invented.