KGFU 1

Name: KGFU 1 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 KATY (WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 105686District 03Field 48278850CondensateGasSave

Value, all time

$5.2 M

Jan 1993 – Dec 2023

Value, last 12 filed months

at the published price for each month

Months reported

372

no gaps in the span

Streams

condensate, gas

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
Condensate	Disposition	1,019 bbl	$61,601
Gas	Production	1,744,951 Mcf	$5,171,202
Total			$5,232,803

640,786 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 (1)

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 29.7821, -95.8797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.78212, -95.87966 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,548 ft

1 wells filed one

Completion to plug

16.0 years

median over 1 wells

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 10,548 ft.

Completions filed

Dec 2007

1 of 1 wells

Plug dates filed

Dec 2023

1 of 1 wells

Last completion to plug: a median of 16.0 years across the 1 well that filed both dates, with the middle half between 16.0 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47330382	W 53	10,548 ft	Dec 2007	Dec 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 (372)

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

372 months


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	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	0	0	56.15	2.88	$0
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	0	0	43.43	3.10	$0
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	0	0	98.16	4.74	$0
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	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
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	0	0	102.52	3.72	$0
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	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
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	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
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	0	0	98.09	2.73	$0
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	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
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	0	0	85.64	4.18	$0
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	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	0	0	71.12	4.24	$0
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	0	0	72.54	4.11	$0
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	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
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	0	0	131.33	13.03	$0
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	0	0	90.38	8.21	$0
Dec 2007	0	3,405	88.33	7.30	$24,863
Nov 2007	8	0	91.67	7.29	$733
Oct 2007	38	4,345	82.85	6.92	$33,224
Sep 2007	39	6,709	75.84	6.24	$44,850
Aug 2007	34	7,478	69.06	6.39	$50,117
Jul 2007	13	5,473	70.90	6.39	$35,883
Jun 2007	40	6,865	62.00	7.55	$54,300
May 2007	60	8,339	58.74	7.85	$68,955
Apr 2007	72	9,070	59.61	7.81	$75,085
Mar 2007	84	5,067	56.92	7.30	$41,780
Feb 2007	107	7,242	55.10	8.22	$65,396
Jan 2007	84	8,049	50.30	6.73	$58,370
Dec 2006	14	9,017	56.65	6.92	$63,177
Nov 2006	87	7,110	54.20	7.62	$58,876
Oct 2006	116	10,404	54.90	6.01	$68,936
Sep 2006	105	11,726	60.08	5.04	$65,375
Aug 2006	118	11,754	68.71	7.34	$94,381
Jul 2006	0	7,082	69.37	6.34	$44,919
Jun 2006	0	7,972	66.28	6.38	$50,892
May 2006	0	8,888	66.01	6.42	$57,105
Apr 2006	0	6,175	64.39	7.36	$45,451
Mar 2006	0	8,106	56.70	7.08	$57,414
Feb 2006	0	6,457	57.59	7.75	$50,049
Jan 2006	0	8,350	60.59	8.93	$74,593
Dec 2005	0	6,784	54.94	13.42	$91,010
Nov 2005	0	7,857	54.69	10.59	$83,193
Oct 2005	0	7,798	58.34	13.80	$107,579
Sep 2005	0	5,970	61.45	12.08	$72,112
Aug 2005	0	5,379	61.51	9.80	$52,697
Jul 2005	0	8,052	55.69	7.84	$63,157
Jun 2005	0	6,520	52.33	7.38	$48,124
May 2005	0	7,968	45.22	6.65	$52,996
Apr 2005	0	9,107	49.20	7.36	$67,032
Mar 2005	0	7,032	50.37	7.15	$50,313
Feb 2005	0	7,568	45.22	6.31	$47,769
Jan 2005	0	9,157	43.16	6.32	$57,892
Dec 2004	0	6,072	39.86	6.75	$40,993
Nov 2004	0	8,811	45.28	6.33	$55,777
Oct 2004	0	8,678	49.70	6.52	$56,538
Sep 2004	0	7,831	43.24	5.28	$41,378
Aug 2004	0	8,617	42.37	5.55	$47,830
Jul 2004	0	9,157	38.28	6.08	$55,713
Jun 2004	0	8,656	36.10	6.43	$55,684
May 2004	0	7,465	37.48	6.49	$48,482
Apr 2004	0	8,341	34.47	5.86	$48,865
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	7,184	32.45	5.51	$39,581
Jan 2004	0	8,556	32.03	6.30	$53,900
Dec 2003	0	9,684	30.26	6.30	$61,025
Nov 2003	0	7,329	28.80	4.60	$33,678
Oct 2003	0	7,623	28.17	4.76	$36,283
Sep 2003	0	8,915	26.31	4.75	$42,341
Aug 2003	0	10,261	29.76	5.13	$52,636
Jul 2003	0	9,092	29.41	5.17	$47,013
Jun 2003	0	8,708	28.56	5.98	$52,100
May 2003	0	10,731	26.59	5.97	$64,093
Apr 2003	0	10,842	26.67	5.41	$58,626
Mar 2003	0	7,749	31.14	6.10	$47,238
Feb 2003	0	10,418	33.48	7.93	$82,572
Jan 2003	0	8,395	30.31	5.58	$46,861
Dec 2002	0	7,943	26.91	4.85	$38,553
Nov 2002	0	8,675	24.66	4.14	$35,888
Oct 2002	0	8,759	26.46	4.23	$37,043
Sep 2002	0	8,409	27.44	3.64	$30,568
Aug 2002	0	7,663	25.96	3.16	$24,247
Jul 2002	0	9,907	24.58	3.06	$30,333
Jun 2002	0	8,451	23.73	3.34	$28,211
May 2002	0	1,909	24.66	3.58	$6,842
Apr 2002	0	6,186	23.65	3.51	$21,727
Mar 2002	0	5,546	22.00	3.10	$17,208
Feb 2002	0	5,682	18.22	2.38	$13,499
Jan 2002	0	6,629	17.17	2.38	$15,748
Dec 2001	0	6,703	16.93	2.36	$15,849
Nov 2001	0	7,440	18.07	2.41	$17,897
Oct 2001	0	7,377	19.78	2.53	$18,656
Sep 2001	0	7,035	24.26	2.25	$15,838
Aug 2001	0	8,235	24.87	3.05	$25,143
Jul 2001	0	8,884	23.93	3.20	$28,403
Jun 2001	0	8,378	24.56	3.82	$32,039
May 2001	0	9,134	25.52	4.31	$39,343
Apr 2001	0	8,362	24.68	5.34	$44,614
Mar 2001	0	5,539	24.54	5.38	$29,780
Feb 2001	0	3,440	27.75	5.77	$19,839
Jan 2001	0	8,291	27.47	8.40	$69,634
Dec 2000	0	10,765	26.88	9.12	$98,204
Nov 2000	0	12,897	32.21	5.66	$72,971
Oct 2000	0	15,754	31.23	5.15	$81,062
Sep 2000	0	13,264	31.87	5.19	$68,794
Aug 2000	0	2,478	29.64	4.54	$11,252
Jul 2000	0	707	28.53	4.09	$2,891
Jun 2000	0	5,146	29.30	4.40	$22,628
May 2000	0	4,973	27.26	3.68	$18,299
Apr 2000	0	5,838	24.51	3.12	$18,191
Mar 2000	0	7,434	28.42	2.86	$21,259
Feb 2000	0	6,256	27.62	2.73	$17,057
Jan 2000	0	5,116	25.27	2.48	$12,690
Dec 1999	0	7,379	24.28	2.42	$17,885
Nov 1999	0	6,682	23.19	2.43	$16,264
Oct 1999	0	7,426	20.98	2.80	$20,820
Sep 1999	0	8,776	21.75	2.62	$22,983
Aug 1999	0	9,131	19.26	2.88	$26,257
Jul 1999	0	9,695	17.89	2.37	$23,000
Jun 1999	0	9,038	15.94	2.36	$21,349
May 1999	0	9,774	15.79	2.32	$22,686
Apr 1999	0	9,665	15.10	2.21	$21,341
Mar 1999	0	9,485	12.47	1.84	$17,437
Feb 1999	0	9,810	9.98	1.82	$17,833
Jan 1999	0	9,451	10.38	1.90	$17,956
Dec 1998	0	8,442	9.20	1.77	$14,970
Nov 1998	0	8,653	10.89	2.19	$18,913
Oct 1998	0	8,098	12.42	1.97	$15,947
Sep 1998	0	10,096	12.59	2.08	$21,026
Aug 1998	0	11,456	11.30	1.91	$21,851
Jul 1998	0	11,580	11.74	2.24	$25,908
Jun 1998	0	11,856	11.24	2.24	$26,525
May 1998	0	9,850	12.62	2.21	$21,732
Apr 1998	0	8,662	13.04	2.51	$21,701
Mar 1998	0	12,697	12.80	2.31	$29,323
Feb 1998	0	10,929	13.95	2.30	$25,127
Jan 1998	0	13,590	14.70	2.15	$29,284
Dec 1997	0	12,278	16.32	2.41	$29,603
Nov 1997	0	10,784	18.19	3.09	$33,304
Oct 1997	0	10,798	19.25	3.15	$34,012
Sep 1997	0	9,655	17.74	2.95	$28,529
Aug 1997	0	12,257	17.86	2.55	$31,313
Jul 1997	0	12,134	17.58	2.25	$27,264
Jun 1997	0	12,959	17.24	2.26	$29,251
May 1997	0	13,322	18.97	2.31	$30,754
Apr 1997	0	11,806	17.88	2.08	$24,589
Mar 1997	0	12,355	18.95	1.94	$23,958
Feb 1997	0	12,293	20.49	2.21	$27,117
Jan 1997	0	12,708	23.48	3.54	$44,983
Dec 1996	0	13,718	23.32	—	$0
Nov 1996	0	13,666	21.97	—	$0
Oct 1996	0	13,448	23.31	—	$0
Sep 1996	0	15,779	22.22	—	$0
Aug 1996	0	10,027	20.26	—	$0
Jul 1996	0	14,967	19.55	—	$0
Jun 1996	0	13,058	18.73	—	$0
May 1996	0	14,450	19.43	—	$0
Apr 1996	0	13,620	21.51	—	$0
Mar 1996	0	14,669	19.38	—	$0
Feb 1996	0	13,743	16.98	—	$0
Jan 1996	0	16,638	17.07	—	$0
Dec 1995	0	7,965	17.19	—	$0
Nov 1995	0	18,034	16.00	—	$0
Oct 1995	0	13,016	15.43	—	$0
Sep 1995	0	10,861	16.18	—	$0
Aug 1995	0	10,907	15.92	—	$0
Jul 1995	0	9,136	15.24	—	$0
Jun 1995	0	5,140	16.41	—	$0
May 1995	0	17,183	17.56	—	$0
Apr 1995	0	11,146	17.73	—	$0
Mar 1995	0	3,124	16.44	—	$0
Feb 1995	0	13,022	16.58	—	$0
Jan 1995	0	14,956	15.92	—	$0
Dec 1994	0	17,990	15.03	—	$0
Nov 1994	0	11,171	15.90	—	$0
Oct 1994	0	9,446	15.58	—	$0
Sep 1994	0	8,556	15.29	—	$0
Aug 1994	0	3,100	16.13	—	$0
Jul 1994	0	16,779	17.56	—	$0
Jun 1994	0	16,057	17.09	—	$0
May 1994	0	17,348	15.88	—	$0
Apr 1994	0	19,857	14.14	—	$0
Mar 1994	0	23,021	12.46	—	$0
Feb 1994	0	23,971	12.50	—	$0
Jan 1994	0	12,091	12.66	—	$0
Dec 1993	0	13,830	12.33	—	$0
Nov 1993	0	21,182	14.49	—	$0
Oct 1993	0	17,321	15.85	—	$0
Sep 1993	0	23,338	15.03	—	$0
Aug 1993	0	16,103	15.66	—	$0
Jul 1993	0	9,131	15.46	—	$0
Jun 1993	0	5,303	16.79	—	$0
May 1993	0	10,858	17.68	—	$0
Apr 1993	0	807	18.05	—	$0
Mar 1993	0	2,343	18.14	—	$0
Feb 1993	0	15,823	17.90	—	$0
Jan 1993	0	23,087	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.

Dec 2007 — as filed, then multipliedworked

Condensate             0 bbl  × $ 88.33 =         $0
Gas                3,405 Mcf  × $  7.30 =    $24,863

────────────────────────────────────────────────────
Month total                                  $24,863

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. 03/G/105686 is the state's own key, not one this site invented.