WISDOM

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

Operated by RALYN CORP. (P-5 689285) in the SOMERSET field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11694District 01Field 84560001OilCasinghead gasSave Export

Value, all time

$734 k

Jan 1993 – Feb 2023

Value, last 12 filed months

$31 k

at the published price for each month

Months reported

362

no gaps in the span

Streams

oil, casinghead gas

The SOMERSET 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 1,033 leases and 5,137 wells, and the rule below applies to all of them.

Discovered

1911-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

330 ft

minimum

From a lease line

150 ft

minimum

A drilling unit in this field needs at least 2.05 acres. The field rule took effect on 1986-02-01.

The Commission's schedule remark for this field reads: “RULES EFF. FOR SOMERSET FIELD 12-11-78.”

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	15,907 bbl	$734,414
Casinghead gas	Production	79 Mcf	$71
Total			$734,486

48 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 (8)

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 29.2316, -98.5218. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.23170, -98.52184 · 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%

8 of 8 wells

With a plug date

100.0%

8 of 8 wells

Median depth

1,473 ft

8 wells filed one

Completion to plug

35.9 years

median over 8 wells

What the state filed about each well

On the RRC proration schedule

8100.0%

A plug date is filed

8100.0%

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

8100.0%

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

Total depth in feet, 8 of 8 wells. Median 1,473 ft, with the middle half between 1,460 and 1,504 ft; the shallowest is 1,428 ft and the deepest 1,543 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, 8 of 8 wells, Jan 1987. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Jan 1987

8 of 8 wells

Plug dates filed

Dec 2022

8 of 8 wells

Last completion to plug: a median of 35.9 years across the 8 wells that filed both dates, with the middle half between 35.9 years and 35.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells


42-02937589	1	1,543 ft	Jan 1987	Dec 2022	Yes
42-02937645	10	1,428 ft	Jan 1987	Dec 2022	Yes
42-02937631	4	1,538 ft	Jan 1987	Dec 2022	Yes
42-02937634	7	1,455 ft	Jan 1987	Dec 2022	Yes
42-02937611	2	1,492 ft	Jan 1987	Dec 2022	Yes
42-02937624	5	1,480 ft	Jan 1987	Dec 2022	Yes
42-02937625	6	1,465 ft	Jan 1987	Dec 2022	Yes
42-02937607	3	1,461 ft	Jan 1987	Dec 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 (362)

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

362 months


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	161	0	85.00	5.65	$13,685
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	150	0	115.09	7.98	$17,264
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	163	0	91.05	4.86	$14,841
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	135	0	66.02	4.22	$8,913
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	152	0	61.30	2.72	$9,318
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	151	0	44.64	2.68	$6,741
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	153	0	38.37	1.83	$5,871
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	150	0	30.34	1.86	$4,551
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	130	0	53.47	2.42	$6,951
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	151	0	52.78	2.49	$7,970
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	151	0	50.85	2.79	$7,678
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	152	0	52.93	4.24	$8,045
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	149	0	65.38	2.90	$9,742
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	150	0	62.87	4.01	$9,431
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	147	0	47.52	3.09	$6,985
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	150	0	45.37	3.26	$6,806
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	148	0	49.41	3.42	$7,313
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	148	0	46.19	3.09	$6,836
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	145	0	45.35	2.69	$6,576
May 2016	158	0	42.52	1.99	$6,718
Apr 2016	160	0	36.56	1.99	$5,850
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	0	0	48.15	2.95	$0
Jun 2015	309	0	56.15	2.88	$17,350
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	160	0	43.43	3.10	$6,949
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	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	151	0	98.16	4.74	$14,822
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	148	0	97.40	6.19	$14,415
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	149	0	88.85	3.74	$13,239
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	152	0	102.52	3.72	$15,583
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	152	0	93.62	3.91	$14,230
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	152	0	91.60	3.42	$13,923
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	147	0	94.67	2.92	$13,916
Aug 2012	150	0	92.66	2.91	$13,899
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	159	0	98.09	2.73	$15,596
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	143	0	83.62	3.99	$11,958
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	157	0	92.90	4.64	$14,585
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	143	0	85.64	4.18	$12,247
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	299	0	78.10	3.51	$23,352
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	155	0	71.12	4.24	$11,024
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	150	0	72.54	4.11	$10,881
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	157	0	66.16	3.90	$10,387
May 2009	0	0	54.74	3.93	$0
Apr 2009	163	0	46.77	3.59	$7,624
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	164	0	32.81	4.63	$5,381
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	152	0	131.33	13.03	$19,962
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	143	0	90.38	8.21	$12,924
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	157	0	82.85	6.92	$13,007
Sep 2007	151	0	75.84	6.24	$11,452
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	151	0	55.10	8.22	$8,320
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	148	0	54.90	6.01	$8,125
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	150	0	69.37	6.34	$10,406
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	152	0	64.39	7.36	$9,787
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	152	0	60.59	8.93	$9,210
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	151	0	61.45	12.08	$9,279
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	166	0	52.33	7.38	$8,687
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	159	0	50.37	7.15	$8,009
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	159	0	45.28	6.33	$7,200
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	160	0	42.37	5.55	$6,779
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	160	0	37.48	6.49	$5,997
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	186	0	32.45	5.51	$6,036
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	149	0	28.17	4.76	$4,197
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	146	0	29.76	5.13	$4,345
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	137	0	26.67	5.41	$3,654
Mar 2003	144	0	31.14	6.10	$4,484
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	165	0	26.91	4.85	$4,440
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	149	0	25.96	3.16	$3,868
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	150	0	24.66	3.58	$3,699
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	147	0	22.00	3.10	$3,234
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	156	0	17.17	2.38	$2,679
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	150	0	18.07	2.41	$2,711
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	154	0	24.56	3.82	$3,782
May 2001	151	0	25.52	4.31	$3,854
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	332	0	27.75	5.77	$9,213
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	143	0	29.64	4.54	$4,239
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	149	0	29.30	4.40	$4,366
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	157	0	28.42	2.86	$4,462
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	167	0	25.27	2.48	$4,220
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	153	0	20.98	2.80	$3,210
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	156	0	19.26	2.88	$3,005
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	153	1	15.94	2.36	$2,441
May 1999	0	1	15.79	2.32	$2
Apr 1999	145	1	15.10	2.21	$2,192
Mar 1999	154	1	12.47	1.84	$1,922
Feb 1999	0	1	9.98	1.82	$2
Jan 1999	0	1	10.38	1.90	$2
Dec 1998	0	1	9.20	1.77	$2
Nov 1998	0	1	10.89	2.19	$2
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	0	1	12.59	2.08	$2
Aug 1998	0	1	11.30	1.91	$2
Jul 1998	0	1	11.74	2.24	$2
Jun 1998	0	1	11.24	2.24	$2
May 1998	173	1	12.62	2.21	$2,185
Apr 1998	0	1	13.04	2.51	$3
Mar 1998	0	1	12.80	2.31	$2
Feb 1998	0	1	13.95	2.30	$2
Jan 1998	168	1	14.70	2.15	$2,472
Dec 1997	0	1	16.32	2.41	$2
Nov 1997	0	1	18.19	3.09	$3
Oct 1997	0	1	19.25	3.15	$3
Sep 1997	0	1	17.74	2.95	$3
Aug 1997	0	1	17.86	2.55	$3
Jul 1997	153	1	17.58	2.25	$2,692
Jun 1997	0	1	17.24	2.26	$2
May 1997	0	1	18.97	2.31	$2
Apr 1997	0	1	17.88	2.08	$2
Mar 1997	166	1	18.95	1.94	$3,148
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	0	1	23.32	—	$0
Nov 1996	104	1	21.97	—	$2,285
Oct 1996	0	1	23.31	—	$0
Sep 1996	0	1	22.22	—	$0
Aug 1996	167	1	20.26	—	$3,383
Jul 1996	0	1	19.55	—	$0
Jun 1996	0	1	18.73	—	$0
May 1996	0	1	19.43	—	$0
Apr 1996	140	1	21.51	—	$3,011
Mar 1996	0	1	19.38	—	$0
Feb 1996	0	1	16.98	—	$0
Jan 1996	166	1	17.07	—	$2,834
Dec 1995	0	1	17.19	—	$0
Nov 1995	0	1	16.00	—	$0
Oct 1995	165	1	15.43	—	$2,546
Sep 1995	0	1	16.18	—	$0
Aug 1995	0	1	15.92	—	$0
Jul 1995	159	1	15.24	—	$2,423
Jun 1995	0	1	16.41	—	$0
May 1995	0	1	17.56	—	$0
Apr 1995	0	1	17.73	—	$0
Mar 1995	0	1	16.44	—	$0
Feb 1995	169	1	16.58	—	$2,802
Jan 1995	0	1	15.92	—	$0
Dec 1994	0	1	15.03	—	$0
Nov 1994	345	1	15.90	—	$5,486
Oct 1994	0	1	15.58	—	$0
Sep 1994	0	1	15.29	—	$0
Aug 1994	0	1	16.13	—	$0
Jul 1994	111	1	17.56	—	$1,949
Jun 1994	0	1	17.09	—	$0
May 1994	0	1	15.88	—	$0
Apr 1994	0	1	14.14	—	$0
Mar 1994	181	1	12.46	—	$2,255
Feb 1994	165	1	12.50	—	$2,063
Jan 1994	0	1	12.66	—	$0
Dec 1993	0	1	12.33	—	$0
Nov 1993	0	1	14.49	—	$0
Oct 1993	160	1	15.85	—	$2,536
Sep 1993	169	1	15.03	—	$2,540
Aug 1993	0	1	15.66	—	$0
Jul 1993	176	1	15.46	—	$2,721
Jun 1993	0	1	16.79	—	$0
May 1993	181	1	17.68	—	$3,200
Apr 1993	0	1	18.05	—	$0
Mar 1993	0	1	18.14	—	$0
Feb 1993	171	1	17.90	—	$3,061
Jan 1993	0	1	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.

Nov 2022 — as filed, then multipliedworked

Oil                  161 bbl  × $ 85.00 =    $13,685
Casinghead gas         0 Mcf  × $  5.65 =         $0

────────────────────────────────────────────────────
Month total                                  $13,685

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. 01/O/11694 is the state's own key, not one this site invented.