WHEELER

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

Operated by SILVER CREEK PERMIAN OP CO, LLC (P-5 781921) in the BUCKSHOT (4950) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 54542District 8AField 12961500Hydrogen sulphide fieldCondensateGasSave Export

Value, all time

$1.0 M

Jan 1993 – Sep 2022

Value, last 12 filed months

$406

at the published price for each month

Months reported

357

no gaps in the span

Streams

condensate, gas

The BUCKSHOT (4950) 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 70 leases and 352 wells, and the rule below applies to all of them.

Discovered

1956-08-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

510 ft

minimum

A drilling unit in this field needs at least 40 acres.

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: “DOCKET #8A-62758”

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
Condensate	Disposition	154 bbl	$6,696
Gas	Production	305,235 Mcf	$995,656
Total			$1,002,352

95,920 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 (1)

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 33.5378, -103.0083. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.53778, -103.00827 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

4,950 ft

1 wells filed one

Completion to plug

69.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 4,950 ft.

Completions filed

Jul 1953

1 of 1 wells

Plug dates filed

Jul 2022

1 of 1 wells

Last completion to plug: a median of 69.0 years across the 1 well that filed both dates, with the middle half between 69.0 years and 69.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-07930177	1	4,950 ft	Jul 1953	Jul 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 (357)

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

357 months


Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	4	0	101.58	7.54	$406
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
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	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	1	47.93	3.21	$3
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	38	50.45	2.95	$112
Jan 2017	0	1	49.41	3.42	$3
Dec 2016	0	2	48.76	3.72	$7
Nov 2016	0	1	42.49	2.64	$3
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	32	0	36.56	1.99	$1,170
Mar 2016	0	5	33.01	1.79	$9
Feb 2016	0	5	26.47	2.06	$10
Jan 2016	0	5	27.35	2.36	$12
Dec 2015	0	120	32.36	2.00	$240
Nov 2015	0	452	38.79	2.17	$980
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	49	56.15	2.88	$141
May 2015	0	89	55.21	2.96	$263
Apr 2015	0	90	49.82	2.71	$244
Mar 2015	0	67	42.89	2.93	$197
Feb 2015	0	34	44.66	2.98	$101
Jan 2015	0	2	43.43	3.10	$6
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	49	86.16	4.05	$198
Aug 2014	0	167	89.39	4.04	$674
Jul 2014	0	265	96.56	4.18	$1,108
Jun 2014	0	312	98.16	4.74	$1,478
May 2014	2	99	94.73	4.73	$657
Apr 2014	0	30	95.94	4.81	$144
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	3	497	97.40	6.19	$3,370
Jan 2014	0	1,191	90.40	4.86	$5,789
Dec 2013	1	1,071	91.82	4.35	$4,755
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	96	104.11	3.72	$357
Aug 2013	1	826	104.25	3.52	$3,014
Jul 2013	1	840	102.52	3.72	$3,225
Jun 2013	0	619	94.40	3.93	$2,435
May 2013	2	830	94.83	4.15	$3,633
Apr 2013	1	922	93.96	4.28	$4,043
Mar 2013	0	677	93.62	3.91	$2,649
Feb 2013	1	399	91.23	3.42	$1,456
Jan 2013	0	844	91.60	3.42	$2,886
Dec 2012	1	787	86.77	3.42	$2,778
Nov 2012	1	806	86.95	3.62	$3,009
Oct 2012	0	806	89.38	3.40	$2,740
Sep 2012	1	730	94.67	2.92	$2,225
Aug 2012	0	763	92.66	2.91	$2,219
Jul 2012	0	869	85.13	3.02	$2,625
Jun 2012	0	888	79.82	2.52	$2,237
May 2012	1	905	91.61	2.49	$2,344
Apr 2012	0	950	101.65	2.00	$1,897
Mar 2012	0	650	105.05	2.22	$1,444
Feb 2012	0	289	101.10	2.57	$743
Jan 2012	0	547	98.09	2.73	$1,496
Dec 2011	1	863	96.87	3.24	$2,893
Nov 2011	1	864	95.72	3.31	$2,957
Oct 2011	1	906	84.98	3.65	$3,391
Sep 2011	1	724	83.62	3.99	$2,969
Aug 2011	1	706	83.40	4.15	$3,013
Jul 2011	1	728	94.14	4.52	$3,383
Jun 2011	1	795	92.90	4.64	$3,782
May 2011	1	859	98.13	4.40	$3,882
Apr 2011	1	869	105.96	4.33	$3,872
Mar 2011	1	909	96.36	4.06	$3,784
Feb 2011	0	872	85.64	4.18	$3,645
Jan 2011	0	905	86.50	4.59	$4,153
Dec 2010	0	829	85.73	4.35	$3,604
Nov 2010	0	749	80.84	3.80	$2,843
Oct 2010	0	785	78.10	3.51	$2,754
Sep 2010	0	903	72.63	3.98	$3,593
Aug 2010	0	941	73.68	4.42	$4,159
Jul 2010	1	921	72.55	4.74	$4,435
Jun 2010	1	694	70.36	4.91	$3,478
May 2010	0	519	71.12	4.24	$2,198
Apr 2010	1	859	81.69	4.12	$3,623
Mar 2010	0	846	78.39	4.39	$3,713
Feb 2010	1	708	73.58	5.44	$3,927
Jan 2010	0	859	74.36	5.96	$5,123
Dec 2009	0	869	71.44	5.48	$4,765
Nov 2009	1	955	74.59	3.75	$3,657
Oct 2009	0	676	72.54	4.11	$2,779
Sep 2009	0	632	65.54	3.06	$1,937
Aug 2009	0	965	67.42	3.22	$3,106
Jul 2009	1	939	61.13	3.46	$3,314
Jun 2009	1	1,283	66.16	3.90	$5,063
May 2009	1	800	54.74	3.93	$3,195
Apr 2009	1	838	46.77	3.59	$3,053
Mar 2009	0	964	42.14	4.06	$3,913
Feb 2009	0	489	32.81	4.63	$2,266
Jan 2009	0	665	35.86	5.37	$3,572
Dec 2008	0	1,037	37.10	5.98	$6,198
Nov 2008	1	925	55.49	6.86	$6,401
Oct 2008	0	1,018	75.24	6.92	$7,047
Sep 2008	0	712	101.76	7.88	$5,608
Aug 2008	0	955	114.22	8.48	$8,101
Jul 2008	0	974	131.08	11.39	$11,093
Jun 2008	0	927	131.33	13.03	$12,081
May 2008	1	830	123.17	11.57	$9,730
Apr 2008	1	858	110.31	10.45	$9,081
Mar 2008	0	1,005	101.90	9.66	$9,712
Feb 2008	1	945	92.53	8.77	$8,381
Jan 2008	1	1,024	90.38	8.21	$8,493
Dec 2007	0	971	88.33	7.30	$7,090
Nov 2007	0	878	91.67	7.29	$6,402
Oct 2007	0	1,084	82.85	6.92	$7,503
Sep 2007	1	1,104	75.84	6.24	$6,969
Aug 2007	0	896	69.06	6.39	$5,724
Jul 2007	1	1,152	70.90	6.39	$7,430
Jun 2007	0	609	62.00	7.55	$4,597
May 2007	0	678	58.74	7.85	$5,320
Apr 2007	1	1,052	59.61	7.81	$8,271
Mar 2007	1	1,084	56.92	7.30	$7,972
Feb 2007	0	999	55.10	8.22	$8,208
Jan 2007	0	1,073	50.30	6.73	$7,218
Dec 2006	0	1,128	56.65	6.92	$7,804
Nov 2006	0	1,094	54.20	7.62	$8,334
Oct 2006	0	1,093	54.90	6.01	$6,573
Sep 2006	0	1,020	60.08	5.04	$5,138
Aug 2006	0	1,079	68.71	7.34	$7,920
Jul 2006	0	1,086	69.37	6.34	$6,888
Jun 2006	0	788	66.28	6.38	$5,031
May 2006	0	1,249	66.01	6.42	$8,025
Apr 2006	0	1,259	64.39	7.36	$9,267
Mar 2006	0	1,381	56.70	7.08	$9,782
Feb 2006	0	351	57.59	7.75	$2,721
Jan 2006	0	1,228	60.59	8.93	$10,970
Dec 2005	0	1,329	54.94	13.42	$17,829
Nov 2005	0	1,331	54.69	10.59	$14,093
Oct 2005	0	1,366	58.34	13.80	$18,845
Sep 2005	0	1,304	61.45	12.08	$15,751
Aug 2005	0	1,130	61.51	9.80	$11,070
Jul 2005	0	1,094	55.69	7.84	$8,581
Jun 2005	0	694	52.33	7.38	$5,122
May 2005	0	693	45.22	6.65	$4,609
Apr 2005	0	1,069	49.20	7.36	$7,868
Mar 2005	0	108	50.37	7.15	$773
Feb 2005	1	88	45.22	6.31	$601
Jan 2005	0	481	43.16	6.32	$3,041
Dec 2004	0	544	39.86	6.75	$3,673
Nov 2004	0	1,397	45.28	6.33	$8,844
Oct 2004	1	838	49.70	6.52	$5,509
Sep 2004	0	1,224	43.24	5.28	$6,467
Aug 2004	0	1,676	42.37	5.55	$9,303
Jul 2004	0	560	38.28	6.08	$3,407
Jun 2004	0	63	36.10	6.43	$405
May 2004	0	40	37.48	6.49	$260
Apr 2004	0	701	34.47	5.86	$4,107
Mar 2004	0	1,214	34.36	5.53	$6,714
Feb 2004	0	1,160	32.45	5.51	$6,391
Jan 2004	0	1,174	32.03	6.30	$7,396
Dec 2003	0	1,128	30.26	6.30	$7,108
Nov 2003	0	766	28.80	4.60	$3,520
Oct 2003	0	1,354	28.17	4.76	$6,445
Sep 2003	0	1,188	26.31	4.75	$5,642
Aug 2003	0	1,256	29.76	5.13	$6,443
Jul 2003	0	1,453	29.41	5.17	$7,513
Jun 2003	0	1,362	28.56	5.98	$8,149
May 2003	0	1,451	26.59	5.97	$8,666
Apr 2003	3	1,405	26.67	5.41	$7,677
Mar 2003	0	1,529	31.14	6.10	$9,321
Feb 2003	0	1,468	33.48	7.93	$11,635
Jan 2003	0	1,720	30.31	5.58	$9,601
Dec 2002	0	1,725	26.91	4.85	$8,373
Nov 2002	0	414	24.66	4.14	$1,713
Oct 2002	0	55	26.46	4.23	$233
Sep 2002	0	78	27.44	3.64	$284
Aug 2002	0	165	25.96	3.16	$522
Jul 2002	0	189	24.58	3.06	$579
Jun 2002	0	301	23.73	3.34	$1,005
May 2002	0	215	24.66	3.58	$771
Apr 2002	0	116	23.65	3.51	$407
Mar 2002	0	253	22.00	3.10	$785
Feb 2002	0	925	18.22	2.38	$2,198
Jan 2002	0	1,407	17.17	2.38	$3,343
Dec 2001	0	1,231	16.93	2.36	$2,911
Nov 2001	0	1,534	18.07	2.41	$3,690
Oct 2001	2	1,026	19.78	2.53	$2,634
Sep 2001	0	3	24.26	2.25	$7
Aug 2001	0	1,014	24.87	3.05	$3,096
Jul 2001	0	861	23.93	3.20	$2,753
Jun 2001	2	884	24.56	3.82	$3,430
May 2001	0	1,366	25.52	4.31	$5,884
Apr 2001	2	1,364	24.68	5.34	$7,327
Mar 2001	0	1,516	24.54	5.38	$8,151
Feb 2001	0	1,289	27.75	5.77	$7,434
Jan 2001	0	1,462	27.47	8.40	$12,279
Dec 2000	0	723	26.88	9.12	$6,596
Nov 2000	0	1,596	32.21	5.66	$9,030
Oct 2000	0	1,546	31.23	5.15	$7,955
Sep 2000	0	1,176	31.87	5.19	$6,099
Aug 2000	0	1,531	29.64	4.54	$6,952
Jul 2000	0	1,574	28.53	4.09	$6,437
Jun 2000	0	1,601	29.30	4.40	$7,040
May 2000	0	1,604	27.26	3.68	$5,902
Apr 2000	0	237	24.51	3.12	$738
Mar 2000	0	384	28.42	2.86	$1,098
Feb 2000	0	1,043	27.62	2.73	$2,844
Jan 2000	0	1,399	25.27	2.48	$3,470
Dec 1999	0	1,479	24.28	2.42	$3,585
Nov 1999	0	1,382	23.19	2.43	$3,364
Oct 1999	0	1,008	20.98	2.80	$2,826
Sep 1999	0	877	21.75	2.62	$2,297
Aug 1999	0	1,411	19.26	2.88	$4,057
Jul 1999	0	1,267	17.89	2.37	$3,006
Jun 1999	0	1,402	15.94	2.36	$3,312
May 1999	0	1,445	15.79	2.32	$3,354
Apr 1999	0	1,427	15.10	2.21	$3,151
Mar 1999	0	1,506	12.47	1.84	$2,769
Feb 1999	0	1,329	9.98	1.82	$2,416
Jan 1999	0	1,673	10.38	1.90	$3,179
Dec 1998	0	1,750	9.20	1.77	$3,103
Nov 1998	0	1,394	10.89	2.19	$3,047
Oct 1998	0	1,465	12.42	1.97	$2,885
Sep 1998	3	1,399	12.59	2.08	$2,951
Aug 1998	0	1,617	11.30	1.91	$3,084
Jul 1998	0	1,657	11.74	2.24	$3,707
Jun 1998	0	1,662	11.24	2.24	$3,718
May 1998	0	1,648	12.62	2.21	$3,636
Apr 1998	0	1,472	13.04	2.51	$3,688
Mar 1998	0	849	12.80	2.31	$1,961
Feb 1998	0	1,431	13.95	2.30	$3,290
Jan 1998	0	1,662	14.70	2.15	$3,581
Dec 1997	0	1,586	16.32	2.41	$3,824
Nov 1997	0	1,236	18.19	3.09	$3,817
Oct 1997	0	1,557	19.25	3.15	$4,904
Sep 1997	0	1,740	17.74	2.95	$5,141
Aug 1997	0	1,622	17.86	2.55	$4,144
Jul 1997	0	1,790	17.58	2.25	$4,022
Jun 1997	0	1,838	17.24	2.26	$4,149
May 1997	0	1,836	18.97	2.31	$4,238
Apr 1997	5	1,415	17.88	2.08	$3,037
Mar 1997	0	1,369	18.95	1.94	$2,655
Feb 1997	0	1,442	20.49	2.21	$3,181
Jan 1997	0	1,588	23.48	3.54	$5,621
Dec 1996	0	1,676	23.32	—	$0
Nov 1996	0	1,541	21.97	—	$0
Oct 1996	0	1,579	23.31	—	$0
Sep 1996	0	1,671	22.22	—	$0
Aug 1996	0	1,766	20.26	—	$0
Jul 1996	10	1,823	19.55	—	$196
Jun 1996	0	1,783	18.73	—	$0
May 1996	0	1,817	19.43	—	$0
Apr 1996	0	1,721	21.51	—	$0
Mar 1996	0	1,886	19.38	—	$0
Feb 1996	0	1,856	16.98	—	$0
Jan 1996	0	2,069	17.07	—	$0
Dec 1995	0	1,971	17.19	—	$0
Nov 1995	0	1,705	16.00	—	$0
Oct 1995	0	1,864	15.43	—	$0
Sep 1995	0	1,799	16.18	—	$0
Aug 1995	0	1,844	15.92	—	$0
Jul 1995	5	1,850	15.24	—	$76
Jun 1995	0	1,880	16.41	—	$0
May 1995	0	1,896	17.56	—	$0
Apr 1995	0	1,714	17.73	—	$0
Mar 1995	0	1,873	16.44	—	$0
Feb 1995	10	1,753	16.58	—	$166
Jan 1995	0	2,139	15.92	—	$0
Dec 1994	0	1,999	15.03	—	$0
Nov 1994	0	1,903	15.90	—	$0
Oct 1994	0	1,891	15.58	—	$0
Sep 1994	30	1,976	15.29	—	$459
Aug 1994	0	2,088	16.13	—	$0
Jul 1994	0	2,090	17.56	—	$0
Jun 1994	0	1,982	17.09	—	$0
May 1994	0	2,079	15.88	—	$0
Apr 1994	0	2,042	14.14	—	$0
Mar 1994	0	2,128	12.46	—	$0
Feb 1994	0	1,986	12.50	—	$0
Jan 1994	0	2,239	12.66	—	$0
Dec 1993	0	2,283	12.33	—	$0
Nov 1993	0	2,202	14.49	—	$0
Oct 1993	0	2,296	15.85	—	$0
Sep 1993	0	2,147	15.03	—	$0
Aug 1993	0	2,223	15.66	—	$0
Jul 1993	0	2,359	15.46	—	$0
Jun 1993	0	2,498	16.79	—	$0
May 1993	0	2,170	17.68	—	$0
Apr 1993	0	2,820	18.05	—	$0
Mar 1993	0	2,259	18.14	—	$0
Feb 1993	0	2,314	17.90	—	$0
Jan 1993	0	2,470	16.93	—	$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.

Jul 2022 — as filed, then multipliedworked

Condensate             4 bbl  × $101.58 =       $406
Gas                    0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                     $406

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. 8A/G/54542 is the state's own key, not one this site invented.