WEDDELL /BATTERY #1/

Name: WEDDELL /BATTERY #1/ lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by REGIONS OPERATING, LLC (P-5 698840) 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 1780District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$4.2 M

Jan 1993 – Oct 2019

Value, last 12 filed months

$45 k

at the published price for each month

Months reported

322

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	2	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	41,064 bbl	$1,511,745
Casinghead gas	Production	782,499 Mcf	$2,649,872
Total			$4,161,617

176,296 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 (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 31.4548, -101.6131. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.45437, -101.61279 · 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

66.7%

2 of 3 wells

With a plug date

66.7%

2 of 3 wells

Median depth

8,462 ft

3 wells filed one

Completion to plug

35.4 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

266.7%

A plug date is filed

266.7%

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

266.7%

NeitherNo plug date, and not on the schedule.

133.3%

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 8,457 and 8,467 ft, median 8,462 ft, over the 3 wells that filed a depth.

Completions filed

Nov 1984 – May 1986

3 of 3 wells

Plug dates filed

Jul 2019 – Jun 2022

2 of 3 wells; 1 filed none

Last completion to plug: a median of 35.4 years across the 2 wells that filed both dates, with the middle half between 34.3 years and 36.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-38301521	1	8,467 ft	May 1986	Jul 2019	Yes
42-38333463	4	8,457 ft	Nov 1985	—	—
42-38333165	3	8,462 ft	Nov 1984	Jun 2022	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 (322)

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

322 months


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	252	1,316	56.80	3.06	$18,343
Feb 2019	0	1,205	50.85	2.79	$3,365
Jan 2019	0	1,426	46.03	3.23	$4,603
Dec 2018	165	1,433	46.59	4.19	$13,685
Nov 2018	0	1,237	52.93	4.24	$5,241
Oct 2018	0	1,281	61.44	3.40	$4,353
Sep 2018	0	1,328	59.54	3.11	$4,127
Aug 2018	169	1,405	59.40	3.07	$14,347
Jul 2018	0	1,450	65.14	2.93	$4,251
Jun 2018	0	1,396	60.18	3.08	$4,295
May 2018	0	1,394	65.38	2.90	$4,044
Apr 2018	0	1,223	63.84	2.90	$3,548
Mar 2018	177	1,480	61.22	2.79	$14,960
Feb 2018	0	1,368	61.78	2.77	$3,784
Jan 2018	0	1,433	62.87	4.01	$5,745
Dec 2017	166	1,482	57.27	2.92	$13,837
Nov 2017	0	1,456	55.42	3.12	$4,540
Oct 2017	0	1,527	49.29	2.98	$4,556
Sep 2017	169	1,453	47.52	3.09	$12,517
Aug 2017	0	1,516	45.37	3.00	$4,555
Jul 2017	0	1,525	43.87	3.09	$4,708
Jun 2017	0	1,418	42.49	3.09	$4,378
May 2017	166	1,543	45.37	3.26	$12,567
Apr 2017	0	1,419	47.93	3.21	$4,557
Mar 2017	0	1,479	46.77	2.98	$4,413
Feb 2017	176	1,278	50.45	2.95	$12,653
Jan 2017	0	1,393	49.41	3.42	$4,762
Dec 2016	0	1,536	48.76	3.72	$5,718
Nov 2016	172	1,464	42.49	2.64	$11,180
Oct 2016	0	1,566	46.19	3.09	$4,839
Sep 2016	0	1,504	41.55	3.10	$4,663
Aug 2016	170	1,568	41.44	2.92	$11,630
Jul 2016	0	1,559	41.62	2.92	$4,559
Jun 2016	0	1,376	45.35	2.69	$3,696
May 2016	184	1,550	42.52	1.99	$10,910
Apr 2016	0	1,583	36.56	1.99	$3,152
Mar 2016	0	1,443	33.01	1.79	$2,589
Feb 2016	167	1,221	26.47	2.06	$6,940
Jan 2016	0	1,300	27.35	2.36	$3,074
Dec 2015	0	1,345	32.36	2.00	$2,692
Nov 2015	0	1,308	38.79	2.17	$2,835
Oct 2015	0	1,553	43.55	2.43	$3,768
Sep 2015	170	1,290	42.99	2.76	$10,867
Aug 2015	0	1,525	40.16	2.87	$4,381
Jul 2015	0	1,639	48.15	2.95	$4,827
Jun 2015	0	1,598	56.15	2.88	$4,607
May 2015	189	1,705	55.21	2.96	$15,474
Apr 2015	0	1,617	49.82	2.71	$4,377
Mar 2015	0	1,670	42.89	2.93	$4,901
Feb 2015	0	1,513	44.66	2.98	$4,503
Jan 2015	180	1,694	43.43	3.10	$13,070
Dec 2014	0	1,756	54.69	3.59	$6,306
Nov 2014	176	1,710	70.46	4.25	$19,672
Oct 2014	0	1,739	78.30	3.90	$6,784
Sep 2014	0	1,724	86.16	4.05	$6,974
Aug 2014	171	1,798	89.39	4.04	$22,541
Jul 2014	0	1,768	96.56	4.18	$7,390
Jun 2014	0	1,731	98.16	4.74	$8,200
May 2014	163	1,780	94.73	4.73	$23,854
Apr 2014	0	1,740	95.94	4.81	$8,368
Mar 2014	0	1,826	95.89	5.06	$9,234
Feb 2014	195	1,611	97.40	6.19	$28,968
Jan 2014	0	1,844	90.40	4.86	$8,963
Dec 2013	175	1,563	91.82	4.35	$22,875
Nov 2013	0	1,649	88.85	3.74	$6,164
Oct 2013	0	1,789	97.42	3.78	$6,761
Sep 2013	175	1,734	104.11	3.72	$24,666
Aug 2013	0	1,712	104.25	3.52	$6,031
Jul 2013	0	1,808	102.52	3.72	$6,722
Jun 2013	164	1,757	94.40	3.93	$22,393
May 2013	0	1,814	94.83	4.15	$7,526
Apr 2013	174	1,751	93.96	4.28	$23,848
Mar 2013	0	1,815	93.62	3.91	$7,102
Feb 2013	0	1,642	91.23	3.42	$5,615
Jan 2013	177	1,875	91.60	3.42	$22,626
Dec 2012	0	1,890	86.77	3.42	$6,464
Nov 2012	180	1,846	86.95	3.62	$22,343
Oct 2012	0	1,909	89.38	3.40	$6,490
Sep 2012	178	1,674	94.67	2.92	$21,737
Aug 2012	0	1,846	92.66	2.91	$5,368
Jul 2012	177	1,893	85.13	3.02	$20,786
Jun 2012	0	1,547	79.82	2.52	$3,897
May 2012	0	1,882	91.61	2.49	$4,683
Apr 2012	176	1,708	101.65	2.00	$21,301
Mar 2012	0	1,806	105.05	2.22	$4,013
Feb 2012	0	1,205	101.10	2.57	$3,097
Jan 2012	168	1,652	98.09	2.73	$20,996
Dec 2011	164	1,820	96.87	3.24	$21,783
Nov 2011	0	1,774	95.72	3.31	$5,874
Oct 2011	0	1,843	84.98	3.65	$6,724
Sep 2011	169	1,798	83.62	3.99	$21,298
Aug 2011	0	1,866	83.40	4.15	$7,743
Jul 2011	167	1,897	94.14	4.52	$24,291
Jun 2011	0	1,840	92.90	4.64	$8,537
May 2011	197	1,908	98.13	4.40	$27,736
Apr 2011	0	1,661	105.96	4.33	$7,198
Mar 2011	0	1,758	96.36	4.06	$7,133
Feb 2011	156	1,722	85.64	4.18	$20,558
Jan 2011	0	1,964	86.50	4.59	$9,012
Dec 2010	177	1,982	85.73	4.35	$23,791
Nov 2010	0	2,276	80.84	3.80	$8,638
Oct 2010	166	1,169	78.10	3.51	$17,066
Sep 2010	0	1,624	72.63	3.98	$6,463
Aug 2010	163	2,010	73.68	4.42	$20,893
Jul 2010	0	1,986	72.55	4.74	$9,407
Jun 2010	153	1,778	70.36	4.91	$19,496
May 2010	0	1,620	71.12	4.24	$6,861
Apr 2010	172	1,880	81.69	4.12	$21,801
Mar 2010	0	1,919	78.39	4.39	$8,422
Feb 2010	162	1,728	73.58	5.44	$21,324
Jan 2010	167	1,858	74.36	5.96	$23,499
Dec 2009	0	1,941	71.44	5.48	$10,644
Nov 2009	179	1,907	74.59	3.75	$20,506
Oct 2009	172	1,976	72.54	4.11	$20,599
Sep 2009	172	1,961	65.54	3.06	$17,283
Aug 2009	174	2,102	67.42	3.22	$18,496
Jul 2009	0	735	61.13	3.46	$2,546
Jun 2009	0	863	66.16	3.90	$3,361
May 2009	0	1,482	54.74	3.93	$5,818
Apr 2009	165	1,490	46.77	3.59	$13,062
Mar 2009	0	2,077	42.14	4.06	$8,431
Feb 2009	166	1,907	32.81	4.63	$14,282
Jan 2009	180	2,100	35.86	5.37	$17,734
Dec 2008	0	2,113	37.10	5.98	$12,630
Nov 2008	161	2,182	55.49	6.86	$23,903
Oct 2008	167	1,558	75.24	6.92	$23,350
Sep 2008	0	1,334	101.76	7.88	$10,508
Aug 2008	177	1,936	114.22	8.48	$36,640
Jul 2008	0	1,627	131.08	11.39	$18,531
Jun 2008	0	1,986	131.33	13.03	$25,883
May 2008	338	2,093	123.17	11.57	$65,856
Apr 2008	0	1,656	110.31	10.45	$17,313
Mar 2008	178	2,111	101.90	9.66	$38,539
Feb 2008	0	1,992	92.53	8.77	$17,471
Jan 2008	165	1,939	90.38	8.21	$30,824
Dec 2007	180	1,956	88.33	7.30	$30,182
Nov 2007	0	2,060	91.67	7.29	$15,021
Oct 2007	164	2,212	82.85	6.92	$28,899
Sep 2007	176	2,156	75.84	6.24	$26,810
Aug 2007	167	2,237	69.06	6.39	$25,823
Jul 2007	0	2,274	70.90	6.39	$14,526
Jun 2007	182	2,199	62.00	7.55	$27,883
May 2007	180	2,254	58.74	7.85	$28,259
Apr 2007	0	1,256	59.61	7.81	$9,803
Mar 2007	0	893	56.92	7.30	$6,521
Feb 2007	0	1,057	55.10	8.22	$8,684
Jan 2007	187	2,174	50.30	6.73	$24,030
Dec 2006	178	2,107	56.65	6.92	$24,661
Nov 2006	177	2,318	54.20	7.62	$27,251
Oct 2006	173	2,379	54.90	6.01	$23,805
Sep 2006	0	2,576	60.08	5.04	$12,976
Aug 2006	181	2,116	68.71	7.34	$27,968
Jul 2006	0	1,045	69.37	6.34	$6,628
Jun 2006	170	1,468	66.28	6.38	$20,639
May 2006	166	2,594	66.01	6.42	$27,624
Apr 2006	0	1,868	64.39	7.36	$13,749
Mar 2006	178	2,539	56.70	7.08	$28,076
Feb 2006	175	1,680	57.59	7.75	$23,100
Jan 2006	0	1,847	60.59	8.93	$16,500
Dec 2005	0	1,533	54.94	13.42	$20,566
Nov 2005	151	1,001	54.69	10.59	$18,857
Oct 2005	0	2,081	58.34	13.80	$28,709
Sep 2005	176	2,741	61.45	12.08	$43,924
Aug 2005	0	2,619	61.51	9.80	$25,658
Jul 2005	161	2,878	55.69	7.84	$31,540
Jun 2005	178	2,393	52.33	7.38	$26,978
May 2005	164	2,718	45.22	6.65	$25,494
Apr 2005	0	1,868	49.20	7.36	$13,749
Mar 2005	315	2,707	50.37	7.15	$35,235
Feb 2005	0	2,357	45.22	6.31	$14,877
Jan 2005	182	2,171	43.16	6.32	$21,581
Dec 2004	179	2,851	39.86	6.75	$26,382
Nov 2004	180	2,549	45.28	6.33	$24,287
Oct 2004	0	2,815	49.70	6.52	$18,340
Sep 2004	177	2,962	43.24	5.28	$23,304
Aug 2004	177	2,978	42.37	5.55	$24,029
Jul 2004	179	2,888	38.28	6.08	$24,423
Jun 2004	178	2,761	36.10	6.43	$24,187
May 2004	178	2,838	37.48	6.49	$25,103
Apr 2004	181	2,743	34.47	5.86	$22,309
Mar 2004	0	2,870	34.36	5.53	$15,872
Feb 2004	183	2,613	32.45	5.51	$20,335
Jan 2004	187	2,675	32.03	6.30	$22,841
Dec 2003	178	2,737	30.26	6.30	$22,634
Nov 2003	173	2,777	28.80	4.60	$17,743
Oct 2003	183	2,950	28.17	4.76	$19,196
Sep 2003	176	3,061	26.31	4.75	$19,168
Aug 2003	0	2,794	29.76	5.13	$14,332
Jul 2003	0	1,033	29.41	5.17	$5,341
Jun 2003	181	2,182	28.56	5.98	$18,224
May 2003	0	3,293	26.59	5.97	$19,668
Apr 2003	174	3,156	26.67	5.41	$21,706
Mar 2003	180	3,259	31.14	6.10	$25,472
Feb 2003	181	2,943	33.48	7.93	$29,386
Jan 2003	394	3,278	30.31	5.58	$30,240
Dec 2002	0	3,246	26.91	4.85	$15,755
Nov 2002	180	2,350	24.66	4.14	$14,161
Oct 2002	185	3,375	26.46	4.23	$19,168
Sep 2002	355	3,301	27.44	3.64	$21,741
Aug 2002	0	2,576	25.96	3.16	$8,151
Jul 2002	176	3,203	24.58	3.06	$14,133
Jun 2002	176	2,840	23.73	3.34	$13,657
May 2002	0	2,539	24.66	3.58	$9,100
Apr 2002	0	2,316	23.65	3.51	$8,135
Mar 2002	0	2,310	22.00	3.10	$7,167
Feb 2002	174	2,568	18.22	2.38	$9,271
Jan 2002	178	2,528	17.17	2.38	$9,062
Dec 2001	169	3,106	16.93	2.36	$10,205
Nov 2001	0	2,789	18.07	2.41	$6,709
Oct 2001	182	2,906	19.78	2.53	$10,949
Sep 2001	0	2,902	24.26	2.25	$6,533
Aug 2001	0	2,461	24.87	3.05	$7,514
Jul 2001	359	3,718	23.93	3.20	$20,478
Jun 2001	181	3,475	24.56	3.82	$17,734
May 2001	0	3,838	25.52	4.31	$16,531
Apr 2001	180	3,711	24.68	5.34	$24,242
Mar 2001	180	3,669	24.54	5.38	$24,143
Feb 2001	178	3,211	27.75	5.77	$23,458
Jan 2001	184	3,178	27.47	8.40	$31,746
Dec 2000	0	3,182	26.88	9.12	$29,028
Nov 2000	184	3,466	32.21	5.66	$25,537
Oct 2000	180	3,578	31.23	5.15	$24,032
Sep 2000	187	3,697	31.87	5.19	$25,134
Aug 2000	187	4,048	29.64	4.54	$23,924
Jul 2000	178	3,684	28.53	4.09	$20,145
Jun 2000	182	3,167	29.30	4.40	$19,259
May 2000	0	3,971	27.26	3.68	$14,612
Apr 2000	179	3,868	24.51	3.12	$16,440
Mar 2000	184	3,561	28.42	2.86	$15,413
Feb 2000	357	3,711	27.62	2.73	$19,978
Jan 2000	0	3,392	25.27	2.48	$8,414
Dec 1999	180	2,664	24.28	2.42	$10,827
Nov 1999	184	2,975	23.19	2.43	$11,508
Oct 1999	183	3,223	20.98	2.80	$12,876
Sep 1999	185	3,235	21.75	2.62	$12,496
Aug 1999	185	3,393	19.26	2.88	$13,320
Jul 1999	363	3,599	17.89	2.37	$15,032
Jun 1999	0	3,468	15.94	2.36	$8,192
May 1999	356	3,752	15.79	2.32	$14,330
Apr 1999	0	3,910	15.10	2.21	$8,633
Mar 1999	363	4,135	12.47	1.84	$12,128
Feb 1999	371	3,695	9.98	1.82	$10,419
Jan 1999	0	3,687	10.38	1.90	$7,005
Dec 1998	364	4,095	9.20	1.77	$10,611
Nov 1998	0	4,211	10.89	2.19	$9,204
Oct 1998	372	3,628	12.42	1.97	$11,765
Sep 1998	358	4,213	12.59	2.08	$13,281
Aug 1998	0	3,916	11.30	1.91	$7,469
Jul 1998	371	4,079	11.74	2.24	$13,481
Jun 1998	0	3,142	11.24	2.24	$7,030
May 1998	361	2,765	12.62	2.21	$10,656
Apr 1998	362	3,686	13.04	2.51	$13,955
Mar 1998	370	4,188	12.80	2.31	$14,408
Feb 1998	0	3,347	13.95	2.30	$7,695
Jan 1998	364	3,424	14.70	2.15	$12,729
Dec 1997	372	4,053	16.32	2.41	$15,843
Nov 1997	368	3,576	18.19	3.09	$17,738
Oct 1997	369	3,279	19.25	3.15	$17,432
Sep 1997	369	3,696	17.74	2.95	$17,467
Aug 1997	0	2,843	17.86	2.55	$7,263
Jul 1997	355	2,629	17.58	2.25	$12,148
Jun 1997	0	3,354	17.24	2.26	$7,571
May 1997	366	3,376	18.97	2.31	$14,737
Apr 1997	373	2,197	17.88	2.08	$11,245
Mar 1997	0	3,977	18.95	1.94	$7,712
Feb 1997	359	3,271	20.49	2.21	$14,571
Jan 1997	0	3,209	23.48	3.54	$11,359
Dec 1996	373	3,273	23.32	—	$8,698
Nov 1996	0	3,344	21.97	—	$0
Oct 1996	352	3,482	23.31	—	$8,205
Sep 1996	362	3,454	22.22	—	$8,044
Aug 1996	359	3,156	20.26	—	$7,273
Jul 1996	0	3,594	19.55	—	$0
Jun 1996	359	3,682	18.73	—	$6,724
May 1996	0	3,676	19.43	—	$0
Apr 1996	359	3,543	21.51	—	$7,722
Mar 1996	370	3,843	19.38	—	$7,171
Feb 1996	0	3,505	16.98	—	$0
Jan 1996	366	3,510	17.07	—	$6,248
Dec 1995	360	3,974	17.19	—	$6,188
Nov 1995	360	3,564	16.00	—	$5,760
Oct 1995	362	3,279	15.43	—	$5,586
Sep 1995	0	2,901	16.18	—	$0
Aug 1995	371	3,527	15.92	—	$5,906
Jul 1995	0	3,709	15.24	—	$0
Jun 1995	181	3,813	16.41	—	$2,970
May 1995	370	3,891	17.56	—	$6,497
Apr 1995	0	3,842	17.73	—	$0
Mar 1995	369	3,654	16.44	—	$6,066
Feb 1995	366	3,418	16.58	—	$6,068
Jan 1995	0	4,264	15.92	—	$0
Dec 1994	361	4,051	15.03	—	$5,426
Nov 1994	362	3,900	15.90	—	$5,756
Oct 1994	362	3,434	15.58	—	$5,640
Sep 1994	0	2,999	15.29	—	$0
Aug 1994	357	3,822	16.13	—	$5,758
Jul 1994	0	3,667	17.56	—	$0
Jun 1994	356	3,336	17.09	—	$6,084
May 1994	368	3,212	15.88	—	$5,844
Apr 1994	373	3,462	14.14	—	$5,274
Mar 1994	0	3,178	12.46	—	$0
Feb 1994	350	2,440	12.50	—	$4,375
Jan 1994	0	2,567	12.66	—	$0
Dec 1993	0	2,711	12.33	—	$0
Nov 1993	0	3,482	14.49	—	$0
Oct 1993	370	4,118	15.85	—	$5,865
Sep 1993	361	4,230	15.03	—	$5,426
Aug 1993	362	4,306	15.66	—	$5,669
Jul 1993	0	4,058	15.46	—	$0
Jun 1993	175	3,933	16.79	—	$2,938
May 1993	355	3,982	17.68	—	$6,276
Apr 1993	0	4,401	18.05	—	$0
Mar 1993	369	5,153	18.14	—	$6,694
Feb 1993	0	4,997	17.90	—	$0
Jan 1993	358	4,959	16.93	—	$6,061

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.

Mar 2019 — as filed, then multipliedworked

Oil                  252 bbl  × $ 56.80 =    $14,314
Casinghead gas     1,316 Mcf  × $  3.06 =     $4,030

────────────────────────────────────────────────────
Month total                                  $18,343

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/1780 is the state's own key, not one this site invented.