FUNK, JOE

Operated by REFORMED RESOURCES, LLC (P-5 103362) in the H-J (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 546District 7CField 37680250Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$35.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$375 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 15 leases and 92 wells, and the rule below applies to all of them.

Discovered
1954-03-01
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2012-05-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PLAT REQUIRED FOR ALL WELLS.

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

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.

StreamBasisVolumeValue
OilDisposition801,757 bbl$34,138,640
Casinghead gasProduction467,017 Mcf$1,745,705
Total$35,884,345

88,194 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 (18)

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 31.1031, -100.4951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

31.09832, -100.49404 · centre of the wells drawn, derived

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
27.8%
5 of 18 wells
With a plug date
22.2%
4 of 18 wells
Median depth
5,628 ft
16 wells filed one
Completion to plug
19.1 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
527.8%
A plug date is filed
422.2%
BothOn the schedule and plugged. Neither fact cancels the other.
316.7%
NeitherNo plug date, and not on the schedule.
1266.7%

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

Total depth in feet, 16 of 18 wells. Median 5,628 ft, with the middle half between 5,592 and 5,696 ft; the shallowest is 5,421 ft and the deepest 7,071 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, 16 of 18 wells, Jun 1966 – Feb 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 1966 – Feb 2013
16 of 18 wells; 2 filed none
Plug dates filed
Jun 1980 – Feb 2021
4 of 18 wells; 14 filed none

Last completion to plug: a median of 19.1 years across the 3 wells that filed both dates, with the middle half between 12.6 years and 22.0 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

18 wells

42-451004768Yes
42-451004779Yes
42-45132254195,729 ftFeb 2013
42-45132687215,421 ftDec 2010
42-45130490165,651 ftNov 2008
42-45130172145,600 ftJan 2002Feb 2021Yes
42-45132255185,720 ftDec 1993
42-45130012135,630 ftNov 1993
42-4510046915,592 ftOct 1993
42-4510047025,570 ftOct 1993
42-45131696176,450 ftSep 1993Jul 2018Yes
42-45130210155,642 ftDec 1992
42-4510047355,590 ftNov 1992
42-45130007125,610 ftNov 1987Dec 1993Yes
42-4510047245,688 ftSep 1986
42-4510047575,625 ftNov 1985
42-4510047135,559 ftSep 1982Jun 1980
42-4510047467,071 ftJun 1966

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 (401)

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

401 months

May 20265400106.413.05$57,461
Apr 2026542098.932.87$53,620
Mar 2026535089.753.15$48,016
Feb 2026177063.503.75$11,240
Jan 2026176059.138.00$10,407
Dec 2025550056.664.41$31,163
Nov 2025181058.593.93$10,605
Oct 2025367059.383.30$21,792
Sep 2025549062.743.08$34,444
Aug 2025359063.933.01$22,951
Jul 2025549066.743.32$36,640
Jun 2025549066.483.13$36,498
May 2025357060.553.23$21,616
Apr 2025544062.363.54$33,924
Mar 2025551067.704.27$37,303
Feb 2025548070.884.34$38,842
Jan 2025916074.324.28$68,077
Dec 2024543068.993.12$37,462
Nov 2024550069.052.20$37,978
Oct 2024726071.372.28$51,815
Sep 2024543069.612.36$37,798
Aug 2024548075.632.06$41,445
Jul 2024364079.932.15$29,095
Jun 2024362078.082.63$28,265
May 2024551078.812.20$43,424
Apr 2024182084.451.66$15,370
Mar 2024184080.301.55$14,775
Feb 2024186076.091.78$14,153
Jan 2024913073.023.30$66,667
Dec 2023369071.262.61$26,295
Nov 2023729077.892.81$56,782
Oct 2023545085.443.09$46,565
Sep 2023544089.042.74$48,438
Aug 2023538080.522.67$43,320
Jul 2023547074.852.64$40,943
Jun 2023731068.962.26$50,410
May 2023362070.622.23$25,564
Apr 2023359078.122.24$28,045
Mar 20230072.852.39$0
Feb 2023361075.112.47$27,115
Jan 2023362076.533.39$27,704
Dec 2022358076.415.73$27,355
Nov 2022370085.005.65$31,450
Oct 20220087.185.86$0
Sep 2022516084.888.16$43,798
Aug 20220094.529.13$0
Jul 20225370101.587.54$54,548
Jun 20223660115.097.98$42,123
May 20223600109.378.43$39,373
Apr 20225410104.226.84$56,383
Mar 20225400108.885.08$58,795
Feb 2022366091.054.86$33,324
Jan 2022514081.844.54$42,066
Dec 2021550071.323.90$39,226
Nov 2021545077.435.24$42,199
Oct 2021548079.795.71$43,725
Sep 2021548069.865.35$38,283
Aug 2021546066.024.22$36,047
Jul 2021726070.783.98$51,386
Jun 2021547069.493.38$38,011
May 2021721063.483.02$45,769
Apr 2021543060.362.76$32,775
Mar 2021544061.302.72$33,347
Feb 2021548057.805.55$31,674
Jan 20210050.412.81$0
Dec 2020364044.642.68$16,249
Nov 2020183038.772.71$7,095
Oct 2020357036.972.48$13,198
Sep 2020178037.091.99$6,602
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020180014.751.80$2,655
Mar 2020368030.341.86$11,165
Feb 20205284049.881.98$26,416
Jan 202036014657.252.09$20,916
Dec 201972613259.012.30$43,145
Nov 201954214055.302.75$30,358
Oct 20195509853.472.42$29,646
Sep 201973137255.052.66$41,230
Aug 201953129953.112.30$28,890
Jul 201989544356.272.46$51,451
Jun 20191,09239352.782.49$58,615
May 201954449958.482.74$33,181
Apr 20191,09751462.632.75$70,119
Mar 201972951156.803.06$42,972
Feb 201954222550.852.79$28,189
Jan 201991231146.033.23$42,983
Dec 201836437246.594.19$18,516
Nov 201873422052.934.24$39,783
Oct 20183615261.443.40$22,357
Sep 201854627759.543.11$33,370
Aug 20181,08751859.403.07$66,156
Jul 201852232465.142.93$34,953
Jun 201852335360.183.08$32,560
May 2018538065.382.90$35,174
Apr 201853735663.842.90$35,315
Mar 20181,07429161.222.79$66,561
Feb 20185492361.782.77$33,981
Jan 20187123162.874.01$44,888
Dec 2017709057.272.92$40,604
Nov 201734957255.423.12$21,125
Oct 20171,069049.292.98$52,691
Sep 201772593647.523.09$37,342
Aug 201754188345.373.00$27,198
Jul 20171,0811,02143.873.09$50,576
Jun 201772388242.493.09$33,443
May 201764330445.373.26$30,165
Apr 201754585947.933.21$28,881
Mar 20171,04584246.772.98$51,387
Feb 20171,2581,58850.452.95$68,155
Jan 20171,1651,69849.413.42$63,368
Dec 20161,2421,72848.763.72$66,993
Nov 20161,3791,92142.492.64$63,674
Oct 20161,1621,49746.193.09$58,299
Sep 20161,2761,35941.553.10$57,232
Aug 20161,6191,94941.442.92$72,791
Jul 20161,3511,91741.622.92$61,835
Jun 20169681,39645.352.69$47,648
May 20169391,30542.521.99$42,525
Apr 20161,1051,28036.561.99$42,947
Mar 20161,3711,53533.011.79$48,011
Feb 20161,2591,85526.472.06$37,154
Jan 20161,7932,03027.352.36$53,838
Dec 20151,5882,04732.362.00$55,485
Nov 20151,6402,18238.792.17$68,345
Oct 20151,9282,54843.552.43$90,147
Sep 20151,8132,39842.992.76$84,556
Aug 20152,0051,96740.162.87$86,171
Jul 20151,6832,00348.152.95$86,935
Jun 20159231,54756.152.88$56,286
May 20151,1571,73955.212.96$69,018
Apr 20151,5161,83549.822.71$80,494
Mar 20151,7831,97842.892.93$82,278
Feb 20151,0961,75844.662.98$54,180
Jan 20151,6041,83243.433.10$75,342
Dec 20141,3652,39554.693.59$83,253
Nov 20141,6742,42170.464.25$128,244
Oct 20141,6452,50878.303.90$138,587
Sep 20141,9942,47286.164.05$181,803
Aug 20142,1002,51889.394.04$197,879
Jul 20149221,16396.564.18$93,889
Jun 201492389698.164.74$94,846
May 20149641,40194.734.73$97,942
Apr 20141,2811,79595.944.81$131,532
Mar 20141,3341,46295.895.06$135,310
Feb 20141,2871,69197.406.19$135,824
Jan 20141,0591,87790.404.86$104,857
Dec 20131,4731,89991.824.35$143,520
Nov 20131,5491,78188.853.74$144,287
Oct 20131,3052,11297.423.78$135,115
Sep 20131,3221,793104.113.72$144,299
Aug 20131,3691,386104.253.52$147,601
Jul 20131,3342,606102.523.72$146,450
Jun 20131,5001,61494.403.93$147,949
May 20131,8891,54494.834.15$185,540
Apr 20132,4232,40893.964.28$237,978
Mar 20131,7961,52793.623.91$174,116
Feb 20132,0372,22391.233.42$193,438
Jan 20132,2591,80291.603.42$213,087
Dec 20122,0352,58086.773.42$185,401
Nov 20122,0832,59486.953.62$190,520
Oct 20122,1972,70089.383.40$205,547
Sep 20121,9351,78794.672.92$188,402
Aug 20122,3251,36092.662.91$219,390
Jul 20122,39388185.133.02$206,377
Jun 20122,42396779.822.52$195,840
May 20122,87298591.612.49$265,555
Apr 20122,872908101.652.00$293,752
Mar 20123,0831,057105.052.22$326,218
Feb 20122,804900101.102.57$285,798
Jan 20123,55796198.092.73$351,534
Dec 20114,7071,18496.873.24$459,803
Nov 20112,3861,37095.723.31$232,924
Oct 20112,0661,36384.983.65$180,542
Sep 20111,7991,26283.623.99$155,462
Aug 20111,8151,35483.404.15$156,989
Jul 20112,0231,52694.144.52$197,339
Jun 20112,0161,69392.904.64$195,142
May 20112,0071,52498.134.40$203,660
Apr 20112,1931,297105.964.33$237,991
Mar 20112,5742,74996.364.06$259,184
Feb 20112,2761,76885.644.18$202,307
Jan 20113,6582,28786.504.59$326,912
Dec 20103,8992,35385.734.35$344,492
Nov 20101,2771,53080.843.80$109,040
Oct 20102,0721,60278.103.51$167,444
Sep 20101,6451,43772.633.98$125,195
Aug 20101,2711,39673.684.42$99,817
Jul 20101,6661,66372.554.74$128,745
Jun 20101,5661,54170.364.91$117,751
May 20101,4321,38571.124.24$107,710
Apr 20101,7571,38681.694.12$149,243
Mar 20101,6711,55978.394.39$137,832
Feb 20101,3481,33173.585.44$106,430
Jan 20101,8491,65474.365.96$147,356
Dec 20091,7471,62871.445.48$133,733
Nov 20091,6411,56174.593.75$128,258
Oct 20091,7661,27772.544.11$133,354
Sep 20091,8771,60865.543.06$127,947
Aug 20091,6951,58267.423.22$119,369
Jul 20091,9981,69761.133.46$128,017
Jun 20091,8641,69566.163.90$129,924
May 20092,0991,81154.743.93$122,009
Apr 20092,1211,66646.773.59$105,176
Mar 20091,8781,74842.144.06$86,234
Feb 20091,4611,37632.814.63$54,310
Jan 20091,8991,61335.865.37$76,762
Dec 20082,3861,69337.105.98$98,640
Nov 20082,3251,90255.496.86$142,063
Oct 20082,11773775.246.92$164,385
Sep 20082,0231,337101.767.88$216,392
Aug 20082,1522,011114.228.48$262,861
Jul 20083,2862,490131.0811.39$459,089
Jun 20082,0341,906131.3313.03$291,965
May 20082,1841,964123.1711.57$291,735
Apr 20082,1551,954110.3110.45$258,147
Mar 20082,2661,868101.909.66$248,958
Feb 20081,7661,55492.538.77$177,037
Jan 20081,9731,53990.388.21$190,948
Dec 20072,1611,51688.337.30$201,951
Nov 20072,0381,79491.677.29$199,905
Oct 20071,8311,73282.856.92$163,687
Sep 20072,0901,76075.846.24$169,495
Aug 20072,0111,82469.066.39$150,531
Jul 20072,0421,83370.906.39$156,487
Jun 20072,22234062.007.55$140,330
May 20072,1571,57258.747.85$139,037
Apr 20072,0891,69759.617.81$137,771
Mar 20072,1251,66956.927.30$133,142
Feb 20071,7931,38055.108.22$110,132
Jan 20072,1091,59350.306.73$116,799
Dec 20062,0691,69756.656.92$128,949
Nov 20062,2331,65954.207.62$133,666
Oct 20062,5511,79254.906.01$150,827
Sep 20062,5321,80160.085.04$161,195
Aug 20062,3651,83368.717.34$175,953
Jul 20062,5361,89569.376.34$187,942
Jun 20062,5081,87366.286.38$178,187
May 20062,8081,90966.016.42$197,621
Apr 20062,4341,60464.397.36$168,531
Mar 20062,6931,77056.707.08$165,230
Feb 20062,9171,81657.597.75$182,066
Jan 20063,6802,01060.598.93$240,927
Dec 20052,0151,27954.9413.42$127,862
Nov 20052,3201,41754.6910.59$141,885
Oct 20052,3901,57558.3413.80$161,161
Sep 20052,2001,43461.4512.08$152,511
Aug 20052,5891,47461.519.80$173,690
Jul 20052,2721,42955.697.84$137,736
Jun 20052,2901,45952.337.38$130,605
May 20052,3801,52045.226.65$117,733
Apr 20052,4061,48449.207.36$129,298
Mar 20052,5481,57350.377.15$139,597
Feb 20052,3291,34445.226.31$113,801
Jan 20052,9181,45643.166.32$135,146
Dec 20042,3741,56039.866.75$105,159
Nov 20042,7521,49145.286.33$134,049
Oct 20042,3721,59249.706.52$128,260
Sep 20042,5751,59743.245.28$119,781
Aug 20042,7211,69042.375.55$124,669
Jul 20042,9971,76238.286.08$125,445
Jun 20042,6911,52236.106.43$106,936
May 20042,5161,54337.486.49$104,321
Apr 20042,9131,52834.475.86$109,363
Mar 20042,6921,69034.365.53$101,843
Feb 20043,0261,61632.455.51$107,097
Jan 20043,1271,55732.036.30$109,966
Dec 20032,7671,58230.266.30$93,699
Nov 20032,8221,44328.804.60$87,904
Oct 20033,4131,67128.174.76$104,098
Sep 20032,4721,53426.314.75$72,324
Aug 20031,8971,14829.765.13$62,344
Jul 20032,3501,41129.415.17$76,410
Jun 20031,27975528.565.98$41,045
May 20032,00078526.595.97$57,869
Apr 20031,66595926.675.41$49,591
Mar 20031,51696431.146.10$53,085
Feb 20031,48983933.487.93$56,502
Jan 20031,6871,06830.315.58$57,095
Dec 20022,44895626.914.85$70,516
Nov 20021,6851,18124.664.14$46,438
Oct 20022,2791,24126.464.23$65,551
Sep 20022,0871,15127.443.64$61,451
Aug 20022,0141,05725.963.16$55,628
Jul 20022,3841,20124.583.06$62,276
Jun 20022,1251,15923.733.34$54,295
May 20022,3841,36624.663.58$63,685
Apr 20022,7681,33123.653.51$70,138
Mar 20023,0181,78122.003.10$71,922
Feb 20022,5791,51618.222.38$50,591
Jan 20022,2421,53517.172.38$42,142
Dec 20012,7091,46916.932.36$49,337
Nov 20012,3901,36718.072.41$46,476
Oct 20013,2011,54719.782.53$67,228
Sep 20012,6831,59624.262.25$68,683
Aug 20012,9631,65324.873.05$78,737
Jul 20012,4171,48723.933.20$62,593
Jun 20012,0051,34924.563.82$54,402
May 20012,3751,14825.524.31$65,555
Apr 20011,67975424.685.34$45,461
Mar 20012,2341,12324.545.38$60,860
Feb 20012,6371,23827.755.77$80,316
Jan 20012,39788527.478.40$73,278
Dec 20001,45576526.889.12$46,089
Nov 20001,7731,00532.215.66$62,795
Oct 20001,8361,00831.235.15$62,525
Sep 20002,0131,02831.875.19$69,486
Aug 20002,6801,37529.644.54$85,679
Jul 20001,79390928.534.09$54,872
Jun 20002,62883529.304.40$80,672
May 20002,3861,22527.263.68$69,550
Apr 20002,5311,19224.513.12$65,749
Mar 20003,0371,34728.422.86$90,164
Feb 20002,0621,10627.622.73$59,968
Jan 20002,2691,10725.272.48$60,084
Dec 19991,8631,10524.282.42$47,912
Nov 19992,8301,36523.192.43$68,950
Oct 19993,2081,36020.982.80$71,117
Sep 19992,5871,10521.752.62$59,161
Aug 19991,6331,05819.262.88$34,494
Jul 19992,4301,66317.892.37$47,418
Jun 19992,5711,59515.942.36$44,749
May 19992,3421,28115.792.32$39,953
Apr 19991,29079715.102.21$21,239
Mar 19991,25786512.471.84$17,265
Feb 19991,7629589.981.82$19,326
Jan 19992,0671,07810.381.90$23,504
Dec 19982,0109809.201.77$20,230
Nov 19981,9631,09110.892.19$23,762
Oct 19982,1201,16212.421.97$28,619
Sep 19982,7311,41512.592.08$37,330
Aug 19982,7301,47011.301.91$33,653
Jul 19982,7151,52311.742.24$35,281
Jun 19983,1881,50911.242.24$39,209
May 19982,2281,11612.622.21$30,580
Apr 19982,0331,00413.042.51$29,026
Mar 19982,0991,04912.802.31$29,290
Feb 19982,5951,04913.952.30$38,612
Jan 19982,2701,19714.702.15$35,948
Dec 19972,0311,00316.322.41$35,564
Nov 19972,3841,13218.193.09$46,861
Oct 19972,9701,07119.253.15$60,546
Sep 19973,3451,47817.742.95$63,708
Aug 19972,12087117.862.55$40,088
Jul 19972,85996517.582.25$52,430
Jun 19972,9521,10617.242.26$53,389
May 19972,8201,13618.972.31$56,118
Apr 19973,435017.882.08$61,418
Mar 19973,8381,59218.951.94$75,817
Feb 19973,6331,54520.492.21$77,848
Jan 19973,7041,48023.483.54$92,209
Dec 19963,9571,48923.32$92,277
Nov 19962,8931,27921.97$63,559
Oct 19963,3711,76923.31$78,578
Sep 19963,6811,89322.22$81,792
Aug 19963,7651,81920.26$76,279
Jul 19963,6742,44519.55$71,827
Jun 19963,8752,16518.73$72,579
May 19963,1901,34219.43$61,982
Apr 19963,3541,39021.51$72,145
Mar 19964,3431,69719.38$84,167
Feb 19962,3761,00716.98$40,344
Jan 19963,3771,26717.07$57,645
Dec 19953,4171,54917.19$58,738
Nov 19954,1021,61816.00$65,632
Oct 19954,7771,62015.43$73,709
Sep 19953,1951,46116.18$51,695
Aug 19953,8821,72215.92$61,801
Jul 19954,4012,05615.24$67,071
Jun 19954,1752,03416.41$68,512
May 19954,3892,08117.56$77,071
Apr 19954,6932,13617.73$83,207
Mar 19954,5411,96516.44$74,654
Feb 19954,9072,08716.58$81,358
Jan 19954,8492,15215.92$77,196
Dec 19945,4902,39315.03$82,515
Nov 19945,4572,02315.90$86,766
Oct 19944,997115.58$77,853
Sep 19945,1662,00915.29$78,988
Aug 19945,4552,41016.13$87,989
Jul 19945,5482,49917.56$97,423
Jun 19944,9552,16017.09$84,681
May 19945,2392,03315.88$83,195
Apr 19945,6182,36914.14$79,439
Mar 19945,8692,41912.46$73,128
Feb 19945,1832,09612.50$64,788
Jan 19945,8962,27112.66$74,643
Dec 19935,1261,90912.33$63,204
Nov 19934,9991,97814.49$72,436
Oct 19935,7952,16615.85$91,851
Sep 19936,7642,53515.03$101,663
Aug 19934,9841,84615.66$78,049
Jul 19935,1202,21015.46$79,155
Jun 19935,44028416.79$91,338
May 19934,1711,83217.68$73,743
Apr 19934,6081,80318.05$83,174
Mar 19935,7621,20018.14$104,523
Feb 19935,6691,30317.90$101,475
Jan 19937,7182,40216.93$130,666

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                  540 bbl  × $106.41 =    $57,461
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $57,461

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/546 is the state's own key, not one this site invented.