SMITH-IGOE

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the SLAUGHTER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6071District 8AField 83991001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$102.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$2.6 M
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 160 leases and 6,532 wells, and the rule below applies to all of them.

Discovered
1937-12-31
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 17 acres. The field rule took effect on 1993-02-02.

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: UNITS MAY BE 17.7 AC. OR UP TO 35.4 AC.

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
NGPA1none

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
OilDisposition1,800,372 bbl$95,970,214
Casinghead gasProduction1,295,200 Mcf$6,658,262
Total$102,628,476

74,581 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 (9)

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 33.4863, -102.6159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.48646, -102.61601 · 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
0.0%
0 of 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
5,039 ft
8 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
9100.0%

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

Total depth in feet, 8 of 9 wells. Median 5,039 ft, with the middle half between 5,036 and 5,046 ft; the shallowest is 5,032 ft and the deepest 5,057 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, 7 of 9 wells, Feb 1992 – Sep 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1992 – Sep 2025
7 of 9 wells; 2 filed none

9 wells

42-079300467
42-0793085595,037 ft
42-079003083W5,057 ftSep 2025
42-079003072W5,040 ftNov 2022
42-079003105W5,038 ftFeb 2022
42-0790030945,042 ftApr 2006
42-0791032065,034 ftApr 2005
42-0793004585,056 ftMay 2004
42-0790030615,032 ftFeb 1992

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 20262,2862,872106.413.05$252,001
Apr 20262,6181,83498.932.87$264,262
Mar 20262,9491,72389.753.15$270,099
Feb 20262,7201,71263.503.75$179,141
Jan 20262,7881,99259.138.00$180,786
Dec 20252,5751,76156.664.41$153,671
Nov 20252,6401,31258.593.93$159,829
Oct 20252,8201,40359.383.30$172,088
Sep 20253,7241,41062.743.08$237,982
Aug 20255,1941,61263.933.01$336,912
Jul 20253,8071,76766.743.32$259,937
Jun 20252,5701,83666.483.13$176,598
May 20252,7271,61760.553.23$170,347
Apr 20252,8011,40362.363.54$179,641
Mar 20252,4851,40867.704.27$174,244
Feb 20252,9581,41870.884.34$215,818
Jan 20253,6371,75774.324.28$277,819
Dec 20244,1851,76068.993.12$294,217
Nov 20243,0401,69169.052.20$213,630
Oct 20243,4691,60171.372.28$251,235
Sep 20243,3551,73169.612.36$237,634
Aug 20242,8661,97575.632.06$220,831
Jul 20243,1561,82379.932.15$256,172
Jun 20243,5511,35478.082.63$280,828
May 20243,5611,69078.812.20$284,358
Apr 20243,4251,63984.451.66$291,961
Mar 20243,9221,73280.301.55$317,613
Feb 20243,5572,72276.091.78$275,507
Jan 20243,6821,62773.023.30$274,225
Dec 20233,8461,63771.262.61$278,340
Nov 20234,0351,41877.892.81$318,267
Oct 20233,7251,61185.443.09$323,238
Sep 20233,5632,24389.042.74$323,384
Aug 20233,1611,79680.522.67$259,324
Jul 20233,0301,77974.852.64$231,495
Jun 20233,5972,48368.962.26$253,657
May 20233,5642,37370.622.23$256,975
Apr 20234,3501,86778.122.24$344,000
Mar 20234,6531,81072.852.39$343,303
Feb 20233,8152,18175.112.47$291,922
Jan 20233,7991,63976.533.39$296,290
Dec 20223,7402,07176.415.73$297,638
Nov 20223,5271,95885.005.65$310,850
Oct 20223,9462,69587.185.86$359,815
Sep 20223,6651,74884.888.16$325,355
Aug 20225,2072,17294.529.13$511,990
Jul 20224,9831,919101.587.54$520,646
Jun 20224,0051,654115.097.98$474,130
May 20224,0131,695109.378.43$453,196
Apr 20224,0001,711104.226.84$428,579
Mar 20222,6000108.885.08$283,088
Feb 20221,4051,34191.054.86$134,441
Jan 20221,9441,78681.844.54$167,201
Dec 20212,4211,48271.323.90$178,444
Nov 20212,5281,78077.435.24$205,065
Oct 20213,0811,57979.795.71$254,855
Sep 20212,7211,52469.865.35$198,244
Aug 20212,7011,40366.024.22$184,242
Jul 20213,4401,84170.783.98$250,814
Jun 20213,4501,72469.493.38$245,569
May 20213,6551,80463.483.02$237,463
Apr 20213,0042,06360.362.76$187,012
Mar 20213,1561,65061.302.72$197,946
Feb 20212,2331,24657.805.55$135,980
Jan 20212,6591,37250.412.81$137,896
Dec 20202,8961,70544.642.68$133,839
Nov 20202,8531,39438.772.71$114,384
Oct 20203,1911,28136.972.48$121,146
Sep 20203,8181,69737.091.99$144,988
Aug 20203,7461,60039.982.39$153,581
Jul 20203,4531,99338.371.83$136,129
Jun 20203,1431,71634.901.69$112,591
May 20203,0581,71916.921.81$54,861
Apr 20202,7381,51014.751.80$43,110
Mar 20203,5422,38430.341.86$111,890
Feb 20203,0632,32549.881.98$157,388
Jan 20203,0922,25357.252.09$181,736
Dec 20192,8961,87559.012.30$175,214
Nov 20192,97155,67555.302.75$317,442
Oct 20195132,29953.472.42$32,990
Sep 20193,066055.052.66$168,783
Aug 20193,5902,48553.112.30$196,391
Jul 20193,6822,40056.272.46$213,090
Jun 20193,5182,45152.782.49$191,786
May 20194,2302,77758.482.74$254,980
Apr 20193,9502,57962.632.75$254,483
Mar 20193,9902,42956.803.06$234,070
Feb 20193,6192,16250.852.79$190,063
Jan 20194,5342,45146.033.23$216,612
Dec 20184,6882,65446.594.19$229,522
Nov 20184,3952,25252.934.24$242,170
Oct 20184,4552,61361.443.40$282,594
Sep 20184,2262,39059.543.11$259,044
Aug 20184,1712,40959.403.07$255,145
Jul 20184,1893,01165.142.93$281,699
Jun 20184,1402,50460.183.08$256,850
May 20184,1952,49865.382.90$281,515
Apr 20184,2562,85663.842.90$279,988
Mar 20184,5302,55561.222.79$284,447
Feb 20184,1292,12861.782.77$260,976
Jan 20184,6902,90262.874.01$306,495
Dec 20174,6882,13257.272.92$274,710
Nov 20174,8372,07555.423.12$274,537
Oct 20174,9543,62949.292.98$255,010
Sep 20175,0933,26247.523.09$252,090
Aug 20174,5943,06645.373.00$217,641
Jul 20174,4383,20543.873.09$204,590
Jun 20174,2241,67942.493.09$184,661
May 20174,5343,71345.373.26$217,825
Apr 20174,4092,61747.933.21$219,728
Mar 20174,6432,92446.772.98$225,877
Feb 20173,9182,07050.452.95$203,775
Jan 20174,5362,52649.413.42$232,760
Dec 20164,4072,64848.763.72$224,743
Nov 20164,1632,34242.492.64$183,079
Oct 20165,2213,65046.193.09$252,437
Sep 20164,8852,31041.553.10$210,134
Aug 20164,8562,35041.442.92$208,105
Jul 20164,5732,61841.622.92$197,984
Jun 20164,7073,23445.352.69$222,148
May 20165,2613,36942.521.99$230,406
Apr 20165,2053,00036.561.99$196,268
Mar 20165,0553,66833.011.79$173,446
Feb 20164,4023,25826.472.06$123,244
Jan 20165,0273,43427.352.36$145,608
Dec 20155,4563,03332.362.00$182,626
Nov 20155,3923,31038.792.17$216,330
Oct 20155,5212,86443.552.43$247,389
Sep 20155,394042.992.76$231,888
Aug 20155,3703,63340.162.87$226,095
Jul 20155,2903,16648.152.95$264,038
Jun 20154,9362,68356.152.88$284,891
May 20155,1882,81055.212.96$294,734
Apr 20155,2592,82049.822.71$269,636
Mar 20154,9772,82642.892.93$221,757
Feb 20154,1662,68344.662.98$194,039
Jan 20155,7592,51443.433.10$257,908
Dec 20146,6112,50654.693.59$370,556
Nov 20145,4804,21970.464.25$404,059
Oct 20144,9722,62078.303.90$399,528
Sep 20145,3573,05486.164.05$473,914
Aug 20145,4883,86789.394.04$506,176
Jul 20145,3913,95996.564.18$537,102
Jun 20145,4253,37898.164.74$548,519
May 20145,6392,96194.734.73$548,178
Apr 20145,4893,63995.944.81$544,115
Mar 20145,5113,19095.895.06$544,581
Feb 20145,4922,84697.406.19$552,543
Jan 20144,7442,98290.404.86$443,352
Dec 20134,8723,14491.824.35$461,038
Nov 20133,4036,02988.853.74$324,895
Oct 20134,1502,27997.423.78$412,906
Sep 20135,1654,409104.113.72$554,120
Aug 20135,6262,583104.253.52$595,609
Jul 20135,4692,585102.523.72$570,292
Jun 20135,3433,25394.403.93$517,175
May 20135,2574,01094.834.15$515,159
Apr 20135,0002,80593.964.28$481,813
Mar 20135,5783,00993.623.91$533,986
Feb 20135,3632,89791.233.42$499,174
Jan 20135,8212,59591.603.42$542,078
Dec 20126,2364,01386.773.42$554,823
Nov 20126,0885,94986.953.62$550,916
Oct 20126,0843,76889.383.40$556,598
Sep 20126,1123,69994.672.92$589,418
Aug 20126,5493,42292.662.91$616,782
Jul 20126,3962,50785.133.02$552,065
Jun 20126,3993,58979.822.52$519,809
May 20126,6923,54791.612.49$621,880
Apr 20126,5833,147101.652.00$675,446
Mar 20125,4182,917105.052.22$575,643
Feb 20125,3612,568101.102.57$548,597
Jan 20125,9332,92198.092.73$589,954
Dec 20116,4773,97696.873.24$640,308
Nov 20115,8312,94995.723.31$567,908
Oct 20115,4903,15984.983.65$478,066
Sep 20115,3703,05383.623.99$461,208
Aug 20115,8103,20883.404.15$497,865
Jul 20115,9762,58294.144.52$574,244
Jun 20115,9683,78992.904.64$572,008
May 20115,8854,59998.134.40$597,753
Apr 20115,4833,136105.964.33$594,568
Mar 20116,1503,44896.364.06$606,604
Feb 20115,8162,02185.644.18$506,530
Jan 20116,6923,44686.504.59$594,671
Dec 20106,4553,86485.734.35$570,187
Nov 20106,4873,67480.843.80$538,353
Oct 20106,4123,60178.103.51$513,413
Sep 20106,1662,52272.633.98$457,873
Aug 20105,9503,32173.684.42$453,073
Jul 20106,2074,50172.554.74$471,637
Jun 20105,9463,38070.364.91$434,958
May 20107,0783,47071.124.24$518,084
Apr 20106,4693,63081.694.12$543,418
Mar 20106,9273,45078.394.39$558,148
Feb 20105,7974,25573.585.44$449,701
Jan 20106,2503,51974.365.96$485,738
Dec 20096,5614,29371.445.48$492,260
Nov 20095,5353,35074.593.75$425,423
Oct 20095,7783,71872.544.11$434,418
Sep 20095,8213,47665.543.06$392,161
Aug 20095,9563,36767.423.22$412,390
Jul 20095,5834,06661.133.46$355,375
Jun 20095,8753,55066.163.90$402,517
May 20095,3483,56254.743.93$306,733
Apr 20095,7303,03146.773.59$278,866
Mar 20095,7462,58542.144.06$252,629
Feb 20095,5843,60832.814.63$199,927
Jan 20095,8903,63135.865.37$230,718
Dec 20086,0574,29237.105.98$250,369
Nov 20084,0714,16055.496.86$254,439
Oct 20087,8373,72575.246.92$615,440
Sep 20085,5593,357101.767.88$592,127
Aug 20085,3063,595114.228.48$636,548
Jul 20085,9592,093131.0811.39$804,944
Jun 20085,7813,030131.3313.03$798,708
May 20085,8633,412123.1711.57$761,637
Apr 20085,4983,200110.3110.45$639,940
Mar 20086,0423,292101.909.66$647,494
Feb 20085,7073,15992.538.77$555,775
Jan 20086,2483,62090.388.21$594,399
Dec 20075,8822,63688.337.30$538,805
Nov 20074,8722,73591.677.29$466,559
Oct 20075,3322,82182.856.92$461,283
Sep 20075,1212,80275.846.24$405,873
Aug 20074,8563,20669.066.39$355,835
Jul 20075,5083,28970.906.39$411,527
Jun 20075,1192,95762.007.55$339,699
May 20075,3853,15458.747.85$341,062
Apr 20075,4633,12559.617.81$350,041
Mar 20075,2602,80156.927.30$319,852
Feb 20074,9932,42955.108.22$295,071
Jan 20075,5692,61250.306.73$297,691
Dec 20064,9522,57756.656.92$298,360
Nov 20065,1213,72654.207.62$305,941
Oct 20064,8013,75254.906.01$286,139
Sep 20064,1483,47060.085.04$266,691
Aug 20064,4683,76268.717.34$334,609
Jul 20064,1203,33169.376.34$306,932
Jun 20063,7042,94966.286.38$264,327
May 20063,8362,40866.016.42$268,686
Apr 20063,8672,19064.397.36$265,116
Mar 20063,4671,79456.707.08$209,286
Feb 20063,34755557.597.75$197,056
Jan 20064,10277860.598.93$255,490
Dec 20053,5541,01854.9413.42$208,914
Nov 20053,7931,35754.6910.59$221,808
Oct 20054,0631,52358.3413.80$258,046
Sep 20053,937146,35261.4512.08$2,009,714
Aug 20054,0831,46061.519.80$265,449
Jul 20054,1041,40855.697.84$239,596
Jun 20054,1161,43152.337.38$225,953
May 20054,3651,46145.226.65$207,103
Apr 20053,80614,77149.207.36$295,977
Mar 20053,86134,40250.377.15$440,621
Feb 20053,73715,05245.226.31$263,994
Jan 20054,06214,76843.166.32$268,682
Dec 20044,07413,17139.866.75$251,308
Nov 20044,03012,51245.286.33$261,685
Oct 20044,58911,97449.706.52$306,085
Sep 20044,3338,94243.245.28$234,608
Aug 20044,4038,16642.375.55$231,882
Jul 20043,9367,58338.286.08$196,806
Jun 20044,5009,51336.106.43$223,647
May 20044,0085,28237.486.49$184,524
Apr 20043,9887,07334.475.86$178,903
Mar 20044,2417,95734.365.53$189,724
Feb 20044,6957,50132.455.51$193,680
Jan 20044,9036,84032.036.30$200,133
Dec 20034,8296,89930.266.30$189,601
Nov 20034,8127,65328.804.60$173,752
Oct 20034,9707,10228.174.76$173,808
Sep 20034,5465,25626.314.75$144,568
Aug 20034,4805,34329.765.13$160,733
Jul 20033,9145,19429.415.17$141,968
Jun 20033,7233,98328.565.98$130,159
May 20033,8113,91326.595.97$124,706
Apr 20033,3933,23026.675.41$107,957
Mar 20032,8203,06831.146.10$106,517
Feb 20032,4482,55133.487.93$102,178
Jan 20032,7162,06330.315.58$93,838
Dec 20023,6942,57926.914.85$111,923
Nov 20023,8762,67524.664.14$106,649
Oct 20024,0862,97126.464.23$120,680
Sep 20024,0493,10227.443.64$122,381
Aug 20024,2083,04225.963.16$118,865
Jul 20024,0123,67324.583.06$109,861
Jun 20023,3582,99923.733.34$89,697
May 20024,0353,13124.663.58$110,725
Apr 20023,8043,00523.653.51$100,519
Mar 20024,0723,03922.003.10$99,013
Feb 20023,7742,83118.222.38$75,488
Jan 20023,9002,85217.172.38$73,738
Dec 20013,9862,68116.932.36$73,822
Nov 20013,7802,61218.072.41$74,588
Oct 20014,3112,91219.782.53$92,636
Sep 20013,8172,91224.262.25$99,156
Aug 20013,9554,08424.873.05$110,830
Jul 20014,0481,32523.933.20$101,105
Jun 20014,1512,59724.563.82$111,880
May 20014,3252,76925.524.31$122,301
Apr 20014,1852,56224.685.34$116,955
Mar 20014,5942,58424.545.38$126,629
Feb 20013,8832,35927.755.77$121,358
Jan 20014,4952,93627.478.40$148,136
Dec 20004,0801,26226.889.12$121,183
Nov 20003,4201,13432.215.66$116,574
Oct 20003,6121,12131.235.15$118,571
Sep 20003,6741,37731.875.19$124,232
Aug 20004,4681,24829.644.54$138,098
Jul 20004,1731,59628.534.09$125,583
Jun 20004,5461,34029.304.40$139,090
May 20004,7301,58527.263.68$134,772
Apr 20004,5111,49024.513.12$115,207
Mar 20004,3691,18228.422.86$127,547
Feb 20004,0311,07527.622.73$114,267
Jan 20003,9261,02225.272.48$101,745
Dec 19994,28098124.282.42$106,296
Nov 19993,60285623.192.43$85,614
Oct 19993,6651,03620.982.80$79,796
Sep 19994,0381,20921.752.62$90,993
Aug 19994,3541,79919.262.88$89,031
Jul 19994,0061,24617.892.37$74,623
Jun 19994,10728215.942.36$66,132
May 19993,925115.792.32$61,978
Apr 19994,2771,17515.102.21$67,177
Mar 19994,3781,05112.471.84$56,526
Feb 19993,8391,0529.981.82$40,226
Jan 19994,4621,00910.381.90$48,233
Dec 19984,6939219.201.77$44,809
Nov 19984,1771,17710.892.19$48,060
Oct 19984,6031,07312.421.97$59,282
Sep 19985,0011,76412.592.08$66,636
Aug 19984,5571,47711.301.91$54,311
Jul 19984,7291,12511.742.24$58,035
Jun 19985,2871,80411.242.24$63,462
May 19985,0301,62312.622.21$67,059
Apr 19984,2811,33913.042.51$59,179
Mar 19984,1511,29412.802.31$56,121
Feb 19983,8411,09913.952.30$56,109
Jan 19984,5711,28214.702.15$69,956
Dec 19974,91599616.322.41$82,614
Nov 19974,5051,07718.193.09$85,272
Oct 19975,0951,19619.253.15$101,846
Sep 19974,1481,04817.742.95$76,682
Aug 19974,83494017.862.55$88,737
Jul 19974,4071,01517.582.25$79,756
Jun 19974,52291317.242.26$80,020
May 19975,7861,08418.972.31$112,263
Apr 19974,8991,19017.882.08$90,073
Mar 19974,6391,03718.951.94$89,920
Feb 19974,3761,13020.492.21$92,157
Jan 19974,9361,14223.483.54$119,940
Dec 19964,8131,25523.32$112,239
Nov 19964,4431,18121.97$97,613
Oct 19964,6311,04423.31$107,949
Sep 19965,1031,26322.22$113,389
Aug 19964,8171,19420.26$97,592
Jul 19965,5671,13219.55$108,835
Jun 19965,4091,09118.73$101,311
May 19965,4091,23219.43$105,097
Apr 19965,2501,58321.51$112,928
Mar 19964,5161,07519.38$87,520
Feb 19963,53197516.98$59,956
Jan 19964,6091,04417.07$78,676
Dec 19954,2391,15917.19$72,868
Nov 19954,6201,31716.00$73,920
Oct 19954,7551,61915.43$73,370
Sep 19954,2611,40416.18$68,943
Aug 19954,3291,35615.92$68,918
Jul 19954,2791,36515.24$65,212
Jun 19954,1081,68816.41$67,412
May 19954,6331,62117.56$81,355
Apr 19954,2481,62117.73$75,317
Mar 19954,7741,90116.44$78,485
Feb 19954,4541,46116.58$73,847
Jan 19954,7972,05315.92$76,368
Dec 19944,2511,80815.03$63,893
Nov 19944,3551,72715.90$69,245
Oct 19944,6142,51315.58$71,886
Sep 19943,4062,15615.29$52,078
Aug 19944,6432,97616.13$74,892
Jul 19944,5422,27417.56$79,758
Jun 19944,9792,27617.09$85,091
May 19944,2551,67915.88$67,569
Apr 19944,6791,85114.14$66,161
Mar 19944,8801,40712.46$60,805
Feb 19944,7481,07712.50$59,350
Jan 19945,1351,20812.66$65,009
Dec 19935,0061,52712.33$61,724
Nov 19935,0481,49614.49$73,146
Oct 19935,3511,79315.85$84,813
Sep 19934,9371,27115.03$74,203
Aug 19935,0681,59715.66$79,365
Jul 19934,6281,82615.46$71,549
Jun 19934,6051,52916.79$77,318
May 19934,4491,35117.68$78,658
Apr 19934,3591,59918.05$78,680
Mar 19935,6441,82818.14$102,382
Feb 19934,9691,78217.90$88,945
Jan 19934,6681,39616.93$79,029

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                2,286 bbl  × $106.41 =   $243,253
Casinghead gas     2,872 Mcf  × $  3.05 =     $8,748

────────────────────────────────────────────────────
Month total                                 $252,001

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/6071 is the state's own key, not one this site invented.