COTTON, G. J.

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

Operated by OCCIDENTAL PERMIAN LTD. (P-5 617544) in the LEVELLAND field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18163District 8AField 53411001Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.3 M

Jan 1993 – Jun 2023

Value, last 12 filed months

at the published price for each month

Months reported

366

no gaps in the span

Streams

oil, casinghead gas

The LEVELLAND 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 568 leases and 7,034 wells, and the rule below applies to all of them.

Discovered

1945-01-17

as the register files it

Field class

Oil

the register's own label

Between wells

880 ft

minimum

From a lease line

440 ft

minimum

A drilling unit in this field needs at least 21.25 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: “ASSOCIATED GAS FIELD LEVELLAND (SAN ANDRES)”

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	57,951 bbl	$2,180,671
Casinghead gas	Production	28,838 Mcf	$123,006
Total			$2,303,676

3,230 Mcf of this lease's gas, across 46 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 33.6126, -102.3806. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.61263, -102.38061 · 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

4,903 ft

2 wells filed one

Completion to plug

7.8 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 4,897 and 4,909 ft, median 4,903 ft, over the 2 wells that filed a depth.

Completions filed

Jul 2015

1 of 2 wells; 1 filed none

Plug dates filed

Nov 1992 – May 2023

2 of 2 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-21910041	3	4,909 ft	—	Nov 1992	Yes
42-21910040	2	4,897 ft	Jul 2015	May 2023	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 (366)

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

366 months


Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
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	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	91	308	48.15	2.95	$5,289
Jun 2015	123	408	56.15	2.88	$8,083
May 2015	138	398	55.21	2.96	$8,795
Apr 2015	154	353	49.82	2.71	$8,628
Mar 2015	174	374	42.89	2.93	$8,560
Feb 2015	84	113	44.66	2.98	$4,088
Jan 2015	33	26	43.43	3.10	$1,514
Dec 2014	126	81	54.69	3.59	$7,182
Nov 2014	87	58	70.46	4.25	$6,377
Oct 2014	81	71	78.30	3.90	$6,619
Sep 2014	122	99	86.16	4.05	$10,912
Aug 2014	110	85	89.39	4.04	$10,176
Jul 2014	143	112	96.56	4.18	$14,276
Jun 2014	142	134	98.16	4.74	$14,573
May 2014	127	120	94.73	4.73	$12,598
Apr 2014	118	111	95.94	4.81	$11,855
Mar 2014	88	59	95.89	5.06	$8,737
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	137	35	90.40	4.86	$12,555
Dec 2013	229	116	91.82	4.35	$21,532
Nov 2013	148	117	88.85	3.74	$13,587
Oct 2013	28	35	97.42	3.78	$2,860
Sep 2013	135	114	104.11	3.72	$14,479
Aug 2013	129	161	104.25	3.52	$14,015
Jul 2013	142	161	102.52	3.72	$15,156
Jun 2013	112	124	94.40	3.93	$11,061
May 2013	128	121	94.83	4.15	$12,640
Apr 2013	50	104	93.96	4.28	$5,143
Mar 2013	164	120	93.62	3.91	$15,823
Feb 2013	148	103	91.23	3.42	$13,854
Jan 2013	132	105	91.60	3.42	$12,450
Dec 2012	135	11	86.77	3.42	$11,752
Nov 2012	118	2	86.95	3.62	$10,267
Oct 2012	116	43	89.38	3.40	$10,514
Sep 2012	66	52	94.67	2.92	$6,400
Aug 2012	132	132	92.66	2.91	$12,615
Jul 2012	112	75	85.13	3.02	$9,761
Jun 2012	113	37	79.82	2.52	$9,113
May 2012	138	102	91.61	2.49	$12,896
Apr 2012	141	126	101.65	2.00	$14,584
Mar 2012	151	148	105.05	2.22	$16,191
Feb 2012	136	146	101.10	2.57	$14,125
Jan 2012	146	140	98.09	2.73	$14,704
Dec 2011	153	118	96.87	3.24	$15,203
Nov 2011	165	126	95.72	3.31	$16,211
Oct 2011	259	165	84.98	3.65	$22,612
Sep 2011	291	236	83.62	3.99	$25,274
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	33	137	94.14	4.52	$3,725
Jun 2011	173	264	92.90	4.64	$17,297
May 2011	201	138	98.13	4.40	$20,332
Apr 2011	314	187	105.96	4.33	$34,082
Mar 2011	45	27	96.36	4.06	$4,446
Feb 2011	12	13	85.64	4.18	$1,082
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	18	16	72.63	3.98	$1,371
Aug 2010	112	104	73.68	4.42	$8,712
Jul 2010	134	156	72.55	4.74	$10,461
Jun 2010	178	156	70.36	4.91	$13,290
May 2010	195	171	71.12	4.24	$14,593
Apr 2010	219	204	81.69	4.12	$18,731
Mar 2010	7	3	78.39	4.39	$562
Feb 2010	161	117	73.58	5.44	$12,483
Jan 2010	197	175	74.36	5.96	$15,693
Dec 2009	117	121	71.44	5.48	$9,022
Nov 2009	156	160	74.59	3.75	$12,236
Oct 2009	155	142	72.54	4.11	$11,827
Sep 2009	160	131	65.54	3.06	$10,888
Aug 2009	178	126	67.42	3.22	$12,406
Jul 2009	167	114	61.13	3.46	$10,604
Jun 2009	164	126	66.16	3.90	$11,341
May 2009	113	96	54.74	3.93	$6,562
Apr 2009	167	141	46.77	3.59	$8,316
Mar 2009	37	34	42.14	4.06	$1,697
Feb 2009	164	146	32.81	4.63	$6,057
Jan 2009	172	114	35.86	5.37	$6,780
Dec 2008	173	131	37.10	5.98	$7,201
Nov 2008	194	126	55.49	6.86	$11,629
Oct 2008	201	107	75.24	6.92	$15,864
Sep 2008	216	129	101.76	7.88	$22,996
Aug 2008	182	131	114.22	8.48	$21,899
Jul 2008	205	142	131.08	11.39	$28,489
Jun 2008	157	102	131.33	13.03	$21,948
May 2008	58	41	123.17	11.57	$7,618
Apr 2008	31	17	110.31	10.45	$3,597
Mar 2008	50	22	101.90	9.66	$5,308
Feb 2008	8	4	92.53	8.77	$775
Jan 2008	4	5	90.38	8.21	$403
Dec 2007	96	43	88.33	7.30	$8,794
Nov 2007	86	45	91.67	7.29	$8,212
Oct 2007	52	35	82.85	6.92	$4,550
Sep 2007	89	59	75.84	6.24	$7,118
Aug 2007	182	116	69.06	6.39	$13,310
Jul 2007	164	119	70.90	6.39	$12,388
Jun 2007	155	115	62.00	7.55	$10,478
May 2007	123	65	58.74	7.85	$7,735
Apr 2007	101	52	59.61	7.81	$6,426
Mar 2007	181	98	56.92	7.30	$11,018
Feb 2007	148	77	55.10	8.22	$8,787
Jan 2007	164	101	50.30	6.73	$8,929
Dec 2006	165	75	56.65	6.92	$9,866
Nov 2006	172	75	54.20	7.62	$9,894
Oct 2006	195	90	54.90	6.01	$11,247
Sep 2006	190	104	60.08	5.04	$11,939
Aug 2006	164	102	68.71	7.34	$12,017
Jul 2006	197	116	69.37	6.34	$14,402
Jun 2006	213	126	66.28	6.38	$14,922
May 2006	249	143	66.01	6.42	$17,355
Apr 2006	233	113	64.39	7.36	$15,835
Mar 2006	194	120	56.70	7.08	$11,850
Feb 2006	180	117	57.59	7.75	$11,273
Jan 2006	263	129	60.59	8.93	$17,088
Dec 2005	227	117	54.94	13.42	$14,041
Nov 2005	221	123	54.69	10.59	$13,389
Oct 2005	259	136	58.34	13.80	$16,986
Sep 2005	234	186	61.45	12.08	$16,626
Aug 2005	276	168	61.51	9.80	$18,623
Jul 2005	238	154	55.69	7.84	$14,462
Jun 2005	163	150	52.33	7.38	$9,637
May 2005	152	151	45.22	6.65	$7,878
Apr 2005	123	148	49.20	7.36	$7,141
Mar 2005	181	430	50.37	7.15	$12,194
Feb 2005	202	174	45.22	6.31	$10,233
Jan 2005	168	155	43.16	6.32	$8,231
Dec 2004	201	162	39.86	6.75	$9,106
Nov 2004	275	201	45.28	6.33	$13,724
Oct 2004	159	152	49.70	6.52	$8,893
Sep 2004	129	147	43.24	5.28	$6,355
Aug 2004	167	196	42.37	5.55	$8,164
Jul 2004	133	163	38.28	6.08	$6,083
Jun 2004	81	111	36.10	6.43	$3,638
May 2004	127	168	37.48	6.49	$5,851
Apr 2004	141	105	34.47	5.86	$5,475
Mar 2004	135	85	34.36	5.53	$5,109
Feb 2004	205	17	32.45	5.51	$6,746
Jan 2004	231	27	32.03	6.30	$7,569
Dec 2003	197	130	30.26	6.30	$6,780
Nov 2003	185	137	28.80	4.60	$5,958
Oct 2003	210	154	28.17	4.76	$6,649
Sep 2003	218	177	26.31	4.75	$6,576
Aug 2003	170	175	29.76	5.13	$5,957
Jul 2003	120	128	29.41	5.17	$4,191
Jun 2003	187	146	28.56	5.98	$6,214
May 2003	419	221	26.59	5.97	$12,461
Apr 2003	361	192	26.67	5.41	$10,666
Mar 2003	412	178	31.14	6.10	$13,915
Feb 2003	310	114	33.48	7.93	$11,282
Jan 2003	400	201	30.31	5.58	$13,246
Dec 2002	467	196	26.91	4.85	$13,518
Nov 2002	434	169	24.66	4.14	$11,402
Oct 2002	520	204	26.46	4.23	$14,622
Sep 2002	714	162	27.44	3.64	$20,181
Aug 2002	467	199	25.96	3.16	$12,753
Jul 2002	420	203	24.58	3.06	$10,945
Jun 2002	454	217	23.73	3.34	$11,498
May 2002	448	1	24.66	3.58	$11,051
Apr 2002	427	1	23.65	3.51	$10,102
Mar 2002	488	1	22.00	3.10	$10,739
Feb 2002	400	1	18.22	2.38	$7,290
Jan 2002	435	0	17.17	2.38	$7,469
Dec 2001	499	1	16.93	2.36	$8,450
Nov 2001	443	641	18.07	2.41	$9,547
Oct 2001	398	191	19.78	2.53	$8,355
Sep 2001	298	130	24.26	2.25	$7,522
Aug 2001	393	0	24.87	3.05	$9,774
Jul 2001	575	0	23.93	3.20	$13,760
Jun 2001	363	138	24.56	3.82	$9,443
May 2001	342	179	25.52	4.31	$9,499
Apr 2001	348	53	24.68	5.34	$8,871
Mar 2001	479	171	24.54	5.38	$12,674
Feb 2001	412	143	27.75	5.77	$12,258
Jan 2001	595	171	27.47	8.40	$17,781
Dec 2000	577	172	26.88	9.12	$17,079
Nov 2000	464	145	32.21	5.66	$15,766
Oct 2000	514	135	31.23	5.15	$16,747
Sep 2000	589	187	31.87	5.19	$19,741
Aug 2000	425	115	29.64	4.54	$13,119
Jul 2000	336	105	28.53	4.09	$10,016
Jun 2000	142	43	29.30	4.40	$4,350
May 2000	248	113	27.26	3.68	$7,176
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	35	10	28.42	2.86	$1,023
Feb 2000	238	47	27.62	2.73	$6,702
Jan 2000	296	110	25.27	2.48	$7,753
Dec 1999	300	100	24.28	2.42	$7,526
Nov 1999	292	139	23.19	2.43	$7,110
Oct 1999	287	135	20.98	2.80	$6,400
Sep 1999	401	113	21.75	2.62	$9,018
Aug 1999	300	149	19.26	2.88	$6,206
Jul 1999	405	124	17.89	2.37	$7,540
Jun 1999	496	126	15.94	2.36	$8,204
May 1999	496	222	15.79	2.32	$8,347
Apr 1999	350	100	15.10	2.21	$5,506
Mar 1999	335	102	12.47	1.84	$4,365
Feb 1999	206	53	9.98	1.82	$2,152
Jan 1999	203	38	10.38	1.90	$2,179
Dec 1998	83	17	9.20	1.77	$794
Nov 1998	329	84	10.89	2.19	$3,766
Oct 1998	409	118	12.42	1.97	$5,312
Sep 1998	422	118	12.59	2.08	$5,559
Aug 1998	492	104	11.30	1.91	$5,758
Jul 1998	329	96	11.74	2.24	$4,077
Jun 1998	392	146	11.24	2.24	$4,733
May 1998	481	144	12.62	2.21	$6,388
Apr 1998	260	76	13.04	2.51	$3,581
Mar 1998	190	56	12.80	2.31	$2,561
Feb 1998	350	92	13.95	2.30	$5,094
Jan 1998	419	97	14.70	2.15	$6,368
Dec 1997	436	108	16.32	2.41	$7,376
Nov 1997	229	94	18.19	3.09	$4,456
Oct 1997	198	48	19.25	3.15	$3,963
Sep 1997	473	26	17.74	2.95	$8,468
Aug 1997	195	78	17.86	2.55	$3,682
Jul 1997	128	44	17.58	2.25	$2,349
Jun 1997	224	67	17.24	2.26	$4,013
May 1997	180	71	18.97	2.31	$3,579
Apr 1997	193	64	17.88	2.08	$3,584
Mar 1997	328	29	18.95	1.94	$6,272
Feb 1997	296	0	20.49	2.21	$6,065
Jan 1997	208	1	23.48	3.54	$4,887
Dec 1996	361	32	23.32	—	$8,419
Nov 1996	119	0	21.97	—	$2,614
Oct 1996	127	0	23.31	—	$2,960
Sep 1996	119	4	22.22	—	$2,644
Aug 1996	110	4	20.26	—	$2,229
Jul 1996	89	18	19.55	—	$1,740
Jun 1996	114	23	18.73	—	$2,135
May 1996	109	31	19.43	—	$2,118
Apr 1996	116	28	21.51	—	$2,495
Mar 1996	204	52	19.38	—	$3,954
Feb 1996	196	64	16.98	—	$3,328
Jan 1996	171	38	17.07	—	$2,919
Dec 1995	194	34	17.19	—	$3,335
Nov 1995	193	45	16.00	—	$3,088
Oct 1995	121	45	15.43	—	$1,867
Sep 1995	261	101	16.18	—	$4,223
Aug 1995	274	119	15.92	—	$4,362
Jul 1995	219	79	15.24	—	$3,338
Jun 1995	184	91	16.41	—	$3,019
May 1995	223	114	17.56	—	$3,916
Apr 1995	221	132	17.73	—	$3,918
Mar 1995	167	92	16.44	—	$2,745
Feb 1995	187	74	16.58	—	$3,100
Jan 1995	139	61	15.92	—	$2,213
Dec 1994	157	67	15.03	—	$2,360
Nov 1994	126	108	15.90	—	$2,003
Oct 1994	216	107	15.58	—	$3,365
Sep 1994	185	101	15.29	—	$2,829
Aug 1994	91	65	16.13	—	$1,468
Jul 1994	220	100	17.56	—	$3,863
Jun 1994	249	153	17.09	—	$4,255
May 1994	276	121	15.88	—	$4,383
Apr 1994	237	95	14.14	—	$3,351
Mar 1994	261	91	12.46	—	$3,252
Feb 1994	163	63	12.50	—	$2,038
Jan 1994	212	72	12.66	—	$2,684
Dec 1993	199	43	12.33	—	$2,454
Nov 1993	196	61	14.49	—	$2,840
Oct 1993	162	65	15.85	—	$2,568
Sep 1993	236	84	15.03	—	$3,547
Aug 1993	128	80	15.66	—	$2,004
Jul 1993	244	104	15.46	—	$3,772
Jun 1993	172	70	16.79	—	$2,888
May 1993	204	65	17.68	—	$3,607
Apr 1993	214	51	18.05	—	$3,863
Mar 1993	254	55	18.14	—	$4,608
Feb 1993	253	74	17.90	—	$4,529
Jan 1993	284	54	16.93	—	$4,808

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 2015 — as filed, then multipliedworked

Oil                   91 bbl  × $ 48.15 =     $4,382
Casinghead gas       308 Mcf  × $  2.95 =       $907

────────────────────────────────────────────────────
Month total                                   $5,289

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/O/18163 is the state's own key, not one this site invented.