GORDIN ESTATE

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

Oil lease lease 807District 02Field 51109001OilCasinghead gasSaveExport
Value, all time
$39.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.5 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 35 leases and 113 wells, and the rule below applies to all of them.

Discovered
1941-09-26
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

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

The Commission's schedule remark for this field reads: NO PRODUCTION

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
OilDisposition897,381 bbl$37,832,275
Casinghead gasProduction591,103 Mcf$1,408,910
Total$39,241,185

251,399 Mcf of this lease's gas, across 47 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 (34)

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 28.9065, -96.4978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles. 1 well has no surveyed location and is left out of it.

28.90648, -96.49624 · centre of 33 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
52.9%
18 of 34 wells
With a plug date
29.4%
10 of 34 wells
Median depth
5,817 ft
32 wells filed one
Completion to plug
26.8 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
1852.9%
A plug date is filed
1029.4%
BothOn the schedule and plugged. Neither fact cancels the other.
1029.4%
NeitherNo plug date, and not on the schedule.
1647.1%

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, 32 of 34 wells. Median 5,817 ft, with the middle half between 5,225 and 6,500 ft; the shallowest is 5,220 ft and the deepest 7,935 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, 25 of 34 wells, Nov 1941 – Aug 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1941 – Aug 2021
25 of 34 wells; 9 filed none
Plug dates filed
Nov 1971 – Apr 2021
10 of 34 wells; 24 filed none

Last completion to plug: a median of 26.8 years across the 4 wells that filed both dates, with the middle half between 17.6 years and 34.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

34 wells

42-23901211165,225 ftJan 1975Yes
42-23901212175,225 ftNov 1971Yes
42-23901213205,223 ftMar 1972Yes
42-23901757185,527 ftNov 1972Yes
42-23901758196,500 ftNov 1971Yes
42-23901763125,225 ftSep 1983Yes
42-23902177105,225 ftYes
42-239012216
42-239012341
42-2393395042H5,220 ftAug 2021
42-23932699377,107 ftMar 2021
42-23932283337,150 ftMar 2021
42-23932248305,348 ftApr 2017
42-2390122285,225 ftJan 2017Yes
42-2390121945,227 ftJul 2008
42-23932558366,120 ftSep 1996
42-2390175676,310 ftOct 1995Yes
42-23932198287,800 ftFeb 1995
42-2390121836,008 ftMay 1993Yes
42-23901225115,960 ftApr 1992Yes
42-23932059276,003 ftMar 1992
42-23932356357,542 ftJan 1991Yes
42-23932060266,500 ftDec 1990Apr 2021Yes
42-23903741256,800 ftJun 1990Yes
42-23932196296,625 ftSep 1988
42-23901765157,935 ftSep 1987Jun 1988Yes
42-23901761225,679 ftJul 1987
42-2390122055,227 ftJun 1987
42-2390122410D5,225 ftJun 1987Aug 2010Yes
42-23932331346,150 ftMar 1987
42-2390122395,225 ftAug 1986
42-23901760215,955 ftJun 1986Yes
42-23903732245,250 ftAug 1982
42-2390121725,237 ftNov 1941Mar 1987Yes

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 20261,6161,226106.413.05$175,693
Apr 20261,46870598.932.87$147,252
Mar 20261,8511,44889.753.15$170,688
Feb 20261,6741,80563.503.75$113,068
Jan 20261,63563159.138.00$101,724
Dec 20251,6151,92056.664.41$99,980
Nov 20251,9491,98558.593.93$121,986
Oct 20251,2531,26959.383.30$78,597
Sep 20251,8942,00162.743.08$124,986
Aug 20251,7081,74663.933.01$114,456
Jul 20252,03256866.743.32$137,499
Jun 20251,71263766.483.13$115,807
May 20251,95482460.553.23$120,978
Apr 20251,7072,03162.363.54$113,645
Mar 20252,0392,02767.704.27$146,692
Feb 20251,5532,06070.884.34$119,019
Jan 20251,8332,61174.324.28$147,400
Dec 20242,1763,58968.993.12$161,325
Nov 20241,9873,41269.052.20$144,703
Oct 20241,4933,27171.372.28$114,018
Sep 20241,7693,53869.612.36$131,505
Aug 20242,050075.632.06$155,042
Jul 20241,4073,03379.932.15$118,972
Jun 20241,5933,72078.082.63$134,180
May 20242,0804,33978.812.20$173,464
Apr 20241,9084,46084.451.66$168,531
Mar 20241,9814,85780.301.55$166,579
Feb 20241,6443,34176.091.78$131,051
Jan 20241,5163,47973.023.30$122,171
Dec 20231,7922,93571.262.61$135,360
Nov 20231,8253,54777.892.81$152,108
Oct 20231,6643,86985.443.09$154,117
Sep 20231,9414,56589.042.74$185,312
Aug 20232,1823,41080.522.67$184,809
Jul 20231,999074.852.64$149,625
Jun 20231,634068.962.26$112,681
May 20231,957070.622.23$138,203
Apr 20232,103078.122.24$164,286
Mar 20231,917072.852.39$139,653
Feb 20231,770075.112.47$132,945
Jan 20231,632076.533.39$124,897
Dec 20221,930076.415.73$147,471
Nov 20222,409085.005.65$204,765
Oct 20221,711087.185.86$149,165
Sep 20222,280084.888.16$193,526
Aug 20221,652094.529.13$156,147
Jul 20222,7170101.587.54$275,993
Jun 20222,1240115.097.98$244,451
May 20221,9580109.378.43$214,146
Apr 20221,9360104.226.84$201,770
Mar 20221,8860108.885.08$205,348
Feb 20221,446091.054.86$131,658
Jan 20221,694081.844.54$138,637
Dec 20211,658071.323.90$118,249
Nov 20212,432077.435.24$188,310
Oct 20212,283079.795.71$182,161
Sep 20212,921069.865.35$204,061
Aug 20211,687066.024.22$111,376
Jul 20211,487070.783.98$105,250
Jun 20211,329069.493.38$92,352
May 20211,481063.483.02$94,014
Apr 20211,034060.362.76$62,412
Mar 2021885061.302.72$54,251
Feb 2021743057.805.55$42,945
Jan 20211,534050.412.81$77,329
Dec 20201,922044.642.68$85,798
Nov 20201,540038.772.71$59,706
Oct 20201,604036.972.48$59,300
Sep 20201,881037.091.99$69,766
Aug 20201,752039.982.39$70,045
Jul 20201,752038.371.83$67,224
Jun 20201,696034.901.69$59,190
May 2020288016.921.81$4,873
Apr 20202,014014.751.80$29,707
Mar 20202,233030.341.86$67,749
Feb 20201,504049.881.98$75,020
Jan 20201,945057.252.09$111,351
Dec 20192,332059.012.30$137,611
Nov 20192,106055.302.75$116,462
Oct 20191,750053.472.42$93,573
Sep 20192,088055.052.66$114,944
Aug 20191,766053.112.30$93,792
Jul 20192,228056.272.46$125,370
Jun 20192,004052.782.49$105,771
May 20192,149058.482.74$125,674
Apr 20192,207062.632.75$138,224
Mar 20192,279056.803.06$129,447
Feb 20192,008050.852.79$102,107
Jan 20192,150046.033.23$98,965
Dec 20182,278046.594.19$106,132
Nov 20182,072052.934.24$109,671
Oct 20182,081061.443.40$127,857
Sep 20182,440059.543.11$145,278
Aug 20182,464059.403.07$146,362
Jul 20182,697065.142.93$175,683
Jun 20182,245060.183.08$135,104
May 20182,610065.382.90$170,642
Apr 20182,708063.842.90$172,879
Mar 20182,613061.222.79$159,968
Feb 20182,204061.782.77$136,163
Jan 20182,767062.874.01$173,961
Dec 20172,553057.272.92$146,210
Nov 20172,562055.423.12$141,986
Oct 20173,285049.292.98$161,918
Sep 20173,016047.523.09$143,320
Aug 20172,063045.373.00$93,598
Jul 20172,199043.873.09$96,470
Jun 20171,841042.493.09$78,224
May 20173,022045.373.26$137,108
Apr 20172,613047.933.21$125,241
Mar 20172,416046.772.98$112,996
Feb 20171,329050.452.95$67,048
Jan 20171,384049.413.42$68,383
Dec 20161,426048.763.72$69,532
Nov 20161,611042.492.64$68,451
Oct 20161,125046.193.09$51,964
Sep 20161,300041.553.10$54,015
Aug 2016999041.442.92$41,399
Jul 2016699041.622.92$29,092
Jun 2016549045.352.69$24,897
May 2016787042.521.99$33,463
Apr 2016439036.561.99$16,050
Mar 2016326033.011.79$10,761
Feb 2016339026.472.06$8,973
Jan 2016582027.352.36$15,918
Dec 2015311032.362.00$10,064
Nov 2015319038.792.17$12,374
Oct 2015191043.552.43$8,318
Sep 2015544042.992.76$23,387
Aug 2015330040.162.87$13,253
Jul 2015415048.152.95$19,982
Jun 2015499056.152.88$28,019
May 201544688555.212.96$27,239
Apr 201563312149.822.71$31,864
Mar 2015536042.892.93$22,989
Feb 2015359044.662.98$16,033
Jan 2015446043.433.10$19,370
Dec 2014446054.693.59$24,392
Nov 2014630070.464.25$44,390
Oct 2014358078.303.90$28,031
Sep 2014441086.164.05$37,997
Aug 2014579089.394.04$51,757
Jul 2014262096.564.18$25,299
Jun 2014483098.164.74$47,411
May 2014377094.734.73$35,713
Apr 2014321095.944.81$30,797
Mar 2014469095.895.06$44,972
Feb 2014394097.406.19$38,376
Jan 2014677090.404.86$61,201
Dec 2013273091.824.35$25,067
Nov 2013522088.853.74$46,380
Oct 20131,065097.423.78$103,752
Sep 20135570104.113.72$57,989
Aug 20131,1190104.253.52$116,656
Jul 20131,0930102.523.72$112,054
Jun 2013857094.403.93$80,901
May 20131,122094.834.15$106,399
Apr 2013545093.964.28$51,208
Mar 2013942093.623.91$88,190
Feb 20138103,99991.233.42$87,573
Jan 20131,0701,64291.603.42$103,627
Dec 20128031,67786.773.42$75,412
Nov 20121,2011,04386.953.62$108,208
Oct 201252955489.383.40$49,165
Sep 20121,05164894.672.92$101,389
Aug 20121,05248292.662.91$98,880
Jul 201226219885.133.02$22,902
Jun 2012317079.822.52$25,303
May 201279043791.612.49$73,459
Apr 2012777564101.652.00$80,108
Mar 2012981725105.052.22$104,665
Feb 201200101.102.57$0
Jan 2012276098.092.73$27,073
Dec 2011925096.873.24$89,605
Nov 20111,232095.723.31$117,927
Oct 20111,136084.983.65$96,537
Sep 20111,398083.623.99$116,901
Aug 20111,698083.404.15$141,613
Jul 20111,708094.144.52$160,791
Jun 20111,715092.904.64$159,324
May 20111,642098.134.40$161,129
Apr 20111,7043105.964.33$180,569
Mar 20111,8601296.364.06$179,278
Feb 20111,02058685.644.18$89,802
Jan 20111,43954086.504.59$126,951
Dec 20101,4261,16185.734.35$127,299
Nov 20101,6901,34480.843.80$141,721
Oct 20101,467078.103.51$114,573
Sep 20101,674072.633.98$121,583
Aug 20102,105073.684.42$155,096
Jul 20101,54612772.554.74$112,764
Jun 20101,42826470.364.91$101,770
May 20101,70341071.124.24$122,854
Apr 20102,179081.694.12$178,003
Mar 20101,602078.394.39$125,581
Feb 20101,118073.585.44$82,262
Jan 20101,109074.365.96$82,465
Dec 20091,239071.445.48$88,514
Nov 2009287074.593.75$21,407
Oct 2009568072.544.11$41,203
Sep 200903265.543.06$98
Aug 200916030067.423.22$11,753
Jul 20091,1461,72961.133.46$76,045
Jun 20091,5803,03966.163.90$116,370
May 20092,0093,21754.743.93$122,602
Apr 20091,8752,64346.773.59$97,176
Mar 20091,9042,89342.144.06$91,977
Feb 20091,7782,24432.814.63$68,733
Jan 20091,5961,32635.865.37$64,355
Dec 20082,48154137.105.98$95,279
Nov 20082,05787355.496.86$120,132
Oct 20081,7401,02675.246.92$138,020
Sep 20081,631823101.767.88$172,453
Aug 20081,9441,100114.228.48$231,375
Jul 20081,644338131.0811.39$219,345
Jun 20081,7931,133131.3313.03$250,241
May 20082,520970123.1711.57$321,615
Apr 20081,9521,197110.3110.45$227,840
Mar 20082,383666101.909.66$249,264
Feb 20082,0961,10892.538.77$203,661
Jan 20082,33069790.388.21$216,305
Dec 20072,2191,36788.337.30$205,986
Nov 20072,1881,37391.677.29$210,585
Oct 20071,9331,34882.856.92$169,480
Sep 20072,3161,36575.846.24$184,169
Aug 20071,88496469.066.39$136,267
Jul 20072,5551,46570.906.39$190,508
Jun 20072,12299862.007.55$139,097
May 20072,05352058.747.85$124,673
Apr 20071,8401,14559.617.81$118,619
Mar 20072,0121,33356.927.30$124,257
Feb 20072,1561,43855.108.22$130,610
Jan 20071,6111,55750.306.73$91,507
Dec 20062,2051,28756.656.92$133,817
Nov 20062,1271,44254.207.62$126,268
Oct 20062,0741,45554.906.01$122,613
Sep 20061,7491,39160.085.04$112,087
Aug 20062,1821,24568.717.34$159,063
Jul 20062,0911,47669.376.34$154,415
Jun 20062,1541,32666.286.38$151,232
May 20062,1751,36066.016.42$152,310
Apr 20061,9531,41764.397.36$136,183
Mar 20062,1931,03956.707.08$131,702
Feb 20061,9701,03957.597.75$121,506
Jan 20061,8041,13160.598.93$119,408
Dec 20052,0261,27754.9413.42$128,440
Nov 20052,2331,11254.6910.59$133,897
Oct 20052,1751,05358.3413.80$141,416
Sep 20051,8181,07561.4512.08$124,701
Aug 20051,59691561.519.80$107,134
Jul 20052,2131,59655.697.84$135,760
Jun 20052,2041,13852.337.38$123,735
May 20052,04398345.226.65$98,923
Apr 20052,2201,11249.207.36$117,409
Mar 20052,6931,31750.377.15$145,069
Feb 20052,0581,26345.226.31$101,035
Jan 20052,5481,43143.166.32$119,019
Dec 20042,3831,68139.866.75$106,335
Nov 20042,2862,11445.286.33$116,893
Oct 20042,1742,14549.706.52$122,023
Sep 20042,3748,45843.245.28$147,343
Aug 20042,6602,13042.375.55$124,527
Jul 20042,3971,94038.286.08$103,560
Jun 20042,3671,73536.106.43$96,610
May 20042,4301,85437.486.49$103,117
Apr 20042,7062,14134.475.86$105,819
Mar 20042,4191,46334.365.53$91,207
Feb 20042,1642,17532.455.51$82,205
Jan 20042,3381,50132.036.30$84,342
Dec 20032,5352,23130.266.30$90,768
Nov 20032,1941,41128.804.60$69,671
Oct 20032,1411,32928.174.76$66,638
Sep 20032,3882,10426.314.75$72,821
Aug 20032,4071,50329.765.13$79,342
Jul 20032,4821,67829.415.17$81,672
Jun 20032,4351,65128.565.98$79,421
May 20032,79263526.595.97$78,032
Apr 20032,43361226.675.41$68,197
Mar 20032,92370531.146.10$95,320
Feb 20032,29148933.487.93$80,578
Jan 20032,48255330.315.58$78,316
Dec 20022,57354326.914.85$71,875
Nov 20022,7391,33724.664.14$73,075
Oct 20022,7341,42626.464.23$78,372
Sep 20022,4641,59327.443.64$73,403
Aug 20023,1811,47225.963.16$87,236
Jul 20022,4851,39724.583.06$65,359
Jun 20022,12783323.733.34$53,254
May 20022,1151,01624.663.58$55,797
Apr 20022,5721,32523.653.51$65,482
Mar 20022,5551,40922.003.10$60,582
Feb 20022,5261,10418.222.38$48,646
Jan 20022,5851,44717.172.38$47,822
Dec 20012,6141,06416.932.36$46,771
Nov 20012,6481,24918.072.41$50,854
Oct 20012,6771,44819.782.53$56,613
Sep 20012,7541,34424.262.25$69,838
Aug 20013,00582724.873.05$77,259
Jul 20012,6531,34323.933.20$67,780
Jun 20013,0701,28324.563.82$80,306
May 20012,8911,43125.524.31$79,942
Apr 20013,3311,28424.685.34$89,060
Mar 20012,9191,30024.545.38$78,622
Feb 20012,4021,27727.755.77$74,020
Jan 20012,23384727.478.40$68,454
Dec 20002,9761,22926.889.12$91,206
Nov 20002,5391,45532.215.66$90,014
Oct 20002,9541,23231.235.15$98,593
Sep 20003,1051,01831.875.19$104,236
Aug 20003,2591,32129.644.54$102,595
Jul 20003,2851,27028.534.09$98,915
Jun 20003,0421,16029.304.40$94,231
May 20003,5281,34027.263.68$101,104
Apr 20003,4281,60224.513.12$89,012
Mar 20003,1141,64828.422.86$93,213
Feb 20002,1701,00627.622.73$62,678
Jan 20002,4451,13025.272.48$64,588
Dec 19992,7491,17824.282.42$69,601
Nov 19992,6701,33023.192.43$65,155
Oct 19992,3931,29520.982.80$53,836
Sep 19992,3291,24221.752.62$53,908
Aug 19992,34996519.262.88$48,017
Jul 19992,5131,23017.892.37$47,876
Jun 19992,7351,68715.942.36$47,581
May 19992,7241,11115.792.32$45,591
Apr 19992,3991,32315.102.21$39,146
Mar 19992,6041,25112.471.84$34,772
Feb 19992,4231,1929.981.82$26,348
Jan 19992,5021,58710.381.90$28,986
Dec 19983,25910,6579.201.77$48,881
Nov 19982,8931,83210.892.19$35,509
Oct 19983,2681,86112.421.97$44,253
Sep 19982,9902,11112.592.08$42,041
Aug 19983,3632,17811.301.91$42,156
Jul 19983,3852,00911.742.24$44,235
Jun 19983,2241,80311.242.24$40,272
May 19983,4281,81412.622.21$47,264
Apr 19983,0561,86413.042.51$44,520
Mar 19983,5882,68512.802.31$52,127
Feb 19982,7302,51513.952.30$43,866
Jan 19983,5732,66914.702.15$58,274
Dec 19973,6272,16916.322.41$64,422
Nov 19973,3212,40318.193.09$67,830
Oct 19973,5202,24719.253.15$74,838
Sep 19973,22875517.742.95$59,496
Aug 19973,54197117.862.55$65,723
Jul 19973,4771,87517.582.25$65,339
Jun 19973,2364,12617.242.26$65,102
May 19973,5031,28618.972.31$69,421
Apr 19973,4781,36017.882.08$65,019
Mar 19973,2143,42518.951.94$67,547
Feb 19973,2243,55920.492.21$73,911
Jan 19973,9131,96223.483.54$98,822
Dec 19963,814023.32$88,942
Nov 19963,87110,80321.97$85,046
Oct 19963,8087,56323.31$88,764
Sep 19963,9089,39522.22$86,836
Aug 19964,1268,55520.26$83,593
Jul 19964,0035,23419.55$78,259
Jun 19963,9623,57718.73$74,208
May 19964,1532,21219.43$80,693
Apr 19964,5174,40921.51$97,161
Mar 19964,7942,90219.38$92,908
Feb 19964,9833,36116.98$84,611
Jan 19964,9422,82917.07$84,360
Dec 19955,00911,36517.19$86,105
Nov 19954,1673,72416.00$66,672
Oct 19954,7592,06215.43$73,431
Sep 19955,0611,25716.18$81,887
Aug 19954,50427115.92$71,704
Jul 19955,0921,85415.24$77,602
Jun 19955,0601,59316.41$83,035
May 19954,5934,05517.56$80,653
Apr 19954,7711,29317.73$84,590
Mar 19954,9303,07216.44$81,049
Feb 19954,4513,87816.58$73,798
Jan 19954,9173,79615.92$78,279
Dec 19944,6293,56615.03$69,574
Nov 19944,2101,94115.90$66,939
Oct 19944,6016,26115.58$71,684
Sep 19944,4854,27915.29$68,576
Aug 19944,4197,26616.13$71,278
Jul 19944,7065,32117.56$82,637
Jun 19945,32420,90117.09$90,987
May 19944,20913,72215.88$66,839
Apr 19944,81419,03314.14$68,070
Mar 19944,0954,47512.46$51,024
Feb 19943,9691,81712.50$49,613
Jan 19944,3891,92712.66$55,565
Dec 19935,1881,05512.33$63,968
Nov 19934,4675,93614.49$64,727
Oct 19934,9256,37115.85$78,061
Sep 19934,8125,30815.03$72,324
Aug 19934,96414,29015.66$77,736
Jul 19935,12012,26315.46$79,155
Jun 19934,83914,78316.79$81,247
May 19934,9731,82017.68$87,923
Apr 19935,020118.05$90,611
Mar 19934,979118.14$90,319
Feb 19934,165117.90$74,554
Jan 19934,874116.93$82,517

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                1,616 bbl  × $106.41 =   $171,959
Casinghead gas     1,226 Mcf  × $  3.05 =     $3,734

────────────────────────────────────────────────────
Month total                                 $175,693

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/807 is the state's own key, not one this site invented.