WEST RANCH "A"

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

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

Oil lease lease 7446District 02Field 96545546OilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Mar 2024

Value, last 12 filed months

at the published price for each month

Months reported

375

no gaps in the span

Streams

oil, casinghead gas

The WEST RANCH (RANDLE) 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 3 leases and 12 wells, and the rule below applies to all of them.

Discovered

1961-06-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

466 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1995-01-01.

The Commission's schedule remark for this field reads: “FIELD RULE UPDATED TO REFLECT OIL FIELD RULES PER DKT #2-57839”

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	22,299 bbl	$1,233,720
Casinghead gas	Production	22,374 Mcf	$74,729
Total			$1,308,449

9,551 Mcf of this lease's gas, across 39 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 28.7852, -96.5997. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.78518, -96.59970 · 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

50.0%

1 of 2 wells

Median depth

6,500 ft

2 wells filed one

Completion to plug

11.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

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

150.0%

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 6,500 and 6,500 ft, median 6,500 ft, over the 2 wells that filed a depth.

Completions filed

Nov 2001 – Oct 2024

2 of 2 wells

Plug dates filed

Dec 2012

1 of 2 wells; 1 filed none

Last completion to plug: a median of 11.1 years across the 1 well that filed both dates, with the middle half between 11.1 years and 11.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-23932010	508	6,500 ft	Oct 2024	—	Yes
42-23932015	507	6,500 ft	Nov 2001	Dec 2012	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 (375)

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

375 months


Mar 2024	0	0	80.30	1.55	$0
Feb 2024	0	0	76.09	1.78	$0
Jan 2024	0	0	73.02	3.30	$0
Dec 2023	0	0	71.26	2.61	$0
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
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	32	0	42.99	2.76	$1,376
Aug 2015	76	1	40.16	2.87	$3,055
Jul 2015	91	13	48.15	2.95	$4,420
Jun 2015	74	0	56.15	2.88	$4,155
May 2015	176	2	55.21	2.96	$9,723
Apr 2015	126	41	49.82	2.71	$6,388
Mar 2015	43	19	42.89	2.93	$1,900
Feb 2015	123	76	44.66	2.98	$5,719
Jan 2015	126	85	43.43	3.10	$5,736
Dec 2014	128	90	54.69	3.59	$7,324
Nov 2014	118	75	70.46	4.25	$8,633
Oct 2014	131	115	78.30	3.90	$10,706
Sep 2014	120	169	86.16	4.05	$11,023
Aug 2014	128	211	89.39	4.04	$12,293
Jul 2014	131	99	96.56	4.18	$13,063
Jun 2014	148	52	98.16	4.74	$14,774
May 2014	151	40	94.73	4.73	$14,493
Apr 2014	134	26	95.94	4.81	$12,981
Mar 2014	68	3	95.89	5.06	$6,536
Feb 2014	157	88	97.40	6.19	$15,837
Jan 2014	186	0	90.40	4.86	$16,814
Dec 2013	188	518	91.82	4.35	$19,518
Nov 2013	169	327	88.85	3.74	$16,238
Oct 2013	150	0	97.42	3.78	$14,613
Sep 2013	151	296	104.11	3.72	$16,821
Aug 2013	132	0	104.25	3.52	$13,761
Jul 2013	154	0	102.52	3.72	$15,788
Jun 2013	131	0	94.40	3.93	$12,366
May 2013	150	0	94.83	4.15	$14,225
Apr 2013	104	0	93.96	4.28	$9,772
Mar 2013	115	0	93.62	3.91	$10,766
Feb 2013	131	0	91.23	3.42	$11,951
Jan 2013	124	0	91.60	3.42	$11,358
Dec 2012	99	0	86.77	3.42	$8,590
Nov 2012	120	0	86.95	3.62	$10,434
Oct 2012	99	0	89.38	3.40	$8,849
Sep 2012	87	0	94.67	2.92	$8,236
Aug 2012	97	0	92.66	2.91	$8,988
Jul 2012	93	201	85.13	3.02	$8,524
Jun 2012	112	139	79.82	2.52	$9,290
May 2012	126	0	91.61	2.49	$11,543
Apr 2012	135	305	101.65	2.00	$14,332
Mar 2012	148	130	105.05	2.22	$15,836
Feb 2012	151	155	101.10	2.57	$15,664
Jan 2012	184	170	98.09	2.73	$18,513
Dec 2011	170	206	96.87	3.24	$17,135
Nov 2011	134	249	95.72	3.31	$13,651
Oct 2011	165	236	84.98	3.65	$14,883
Sep 2011	147	329	83.62	3.99	$13,603
Aug 2011	164	366	83.40	4.15	$15,196
Jul 2011	222	269	94.14	4.52	$22,114
Jun 2011	194	290	92.90	4.64	$19,368
May 2011	157	305	98.13	4.40	$16,750
Apr 2011	138	266	105.96	4.33	$15,775
Mar 2011	206	367	96.36	4.06	$21,339
Feb 2011	194	132	85.64	4.18	$17,166
Jan 2011	154	121	86.50	4.59	$13,876
Dec 2010	4	1	85.73	4.35	$347
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
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	17	0	70.36	4.91	$1,196
May 2010	54	8	71.12	4.24	$3,874
Apr 2010	132	31	81.69	4.12	$10,911
Mar 2010	113	91	78.39	4.39	$9,257
Feb 2010	131	96	73.58	5.44	$10,161
Jan 2010	160	96	74.36	5.96	$12,470
Dec 2009	145	156	71.44	5.48	$11,214
Nov 2009	158	112	74.59	3.75	$12,205
Oct 2009	196	228	72.54	4.11	$15,155
Sep 2009	185	184	65.54	3.06	$12,689
Aug 2009	211	266	67.42	3.22	$15,082
Jul 2009	151	186	61.13	3.46	$9,875
Jun 2009	172	115	66.16	3.90	$11,827
May 2009	183	253	54.74	3.93	$11,011
Apr 2009	197	75	46.77	3.59	$9,483
Mar 2009	127	86	42.14	4.06	$5,701
Feb 2009	32	39	32.81	4.63	$1,231
Jan 2009	20	33	35.86	5.37	$894
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	1	0	55.49	6.86	$55
Oct 2008	2	5	75.24	6.92	$185
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	38	131	131.08	11.39	$6,473
Jun 2008	230	261	131.33	13.03	$33,607
May 2008	264	595	123.17	11.57	$39,404
Apr 2008	260	798	110.31	10.45	$37,024
Mar 2008	271	855	101.90	9.66	$35,878
Feb 2008	310	741	92.53	8.77	$35,183
Jan 2008	539	690	90.38	8.21	$54,377
Dec 2007	548	109	88.33	7.30	$49,201
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
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	0	0	55.10	8.22	$0
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	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
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	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
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	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
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	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
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	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
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	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
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	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
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	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	0	18.97	2.31	$0
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	6	0	19.55	—	$117
Jun 1996	78	48	18.73	—	$1,461
May 1996	178	0	19.43	—	$3,459
Apr 1996	154	0	21.51	—	$3,313
Mar 1996	250	458	19.38	—	$4,845
Feb 1996	274	230	16.98	—	$4,653
Jan 1996	249	0	17.07	—	$4,250
Dec 1995	200	35	17.19	—	$3,438
Nov 1995	288	156	16.00	—	$4,608
Oct 1995	289	171	15.43	—	$4,459
Sep 1995	349	200	16.18	—	$5,647
Aug 1995	586	193	15.92	—	$9,329
Jul 1995	268	144	15.24	—	$4,084
Jun 1995	116	68	16.41	—	$1,904
May 1995	226	109	17.56	—	$3,969
Apr 1995	212	108	17.73	—	$3,759
Mar 1995	157	112	16.44	—	$2,581
Feb 1995	198	155	16.58	—	$3,283
Jan 1995	270	352	15.92	—	$4,298
Dec 1994	209	95	15.03	—	$3,141
Nov 1994	231	144	15.90	—	$3,673
Oct 1994	183	188	15.58	—	$2,851
Sep 1994	217	165	15.29	—	$3,318
Aug 1994	167	164	16.13	—	$2,694
Jul 1994	214	90	17.56	—	$3,758
Jun 1994	226	176	17.09	—	$3,862
May 1994	215	218	15.88	—	$3,414
Apr 1994	204	92	14.14	—	$2,885
Mar 1994	237	93	12.46	—	$2,953
Feb 1994	169	97	12.50	—	$2,113
Jan 1994	209	195	12.66	—	$2,646
Dec 1993	245	239	12.33	—	$3,021
Nov 1993	200	167	14.49	—	$2,898
Oct 1993	230	208	15.85	—	$3,646
Sep 1993	250	209	15.03	—	$3,758
Aug 1993	253	380	15.66	—	$3,962
Jul 1993	260	513	15.46	—	$4,020
Jun 1993	273	617	16.79	—	$4,584
May 1993	250	468	17.68	—	$4,420
Apr 1993	176	304	18.05	—	$3,177
Mar 1993	242	791	18.14	—	$4,390
Feb 1993	279	767	17.90	—	$4,994
Jan 1993	299	632	16.93	—	$5,062

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.

Sep 2015 — as filed, then multipliedworked

Oil                   32 bbl  × $ 42.99 =     $1,376
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $1,376

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. 02/O/7446 is the state's own key, not one this site invented.