REBECCA

Name: REBECCA lease production and value, Feb 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158266District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$4.8 M

Feb 1996 – Aug 2023

Value, last 12 filed months

at the published price for each month

Months reported

331

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) 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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered

1978-08-01

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1996-06-17	134757
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	15,054 bbl	$315,684
Gas	Production	2,450,767 Mcf	$4,464,395
Total			$4,780,079

1,301,555 Mcf of this lease's gas, across 11 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 30.5548, -95.9833. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.55480, -95.98327 · 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

13,743 ft

1 wells filed one

Completion to plug

27.5 years

median over 1 well

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 13,743 ft.

Completions filed

Feb 1996

1 of 1 wells

Plug dates filed

Aug 2023

1 of 1 wells

Last completion to plug: a median of 27.5 years across the 1 well that filed both dates, with the middle half between 27.5 years and 27.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18530553	1H	13,743 ft	Feb 1996	Aug 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 (331)

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

331 months


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	5	109.37	8.43	$42
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	1,842	63.48	3.02	$5,559
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	201	14.75	1.80	$363
Mar 2020	0	111	30.34	1.86	$206
Feb 2020	0	327	49.88	1.98	$648
Jan 2020	0	400	57.25	2.09	$838
Dec 2019	0	663	59.01	2.30	$1,528
Nov 2019	0	572	55.30	2.75	$1,573
Oct 2019	0	599	53.47	2.42	$1,449
Sep 2019	0	2,104	55.05	2.66	$5,591
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	27	56.27	2.46	$66
Jun 2019	0	2,071	52.78	2.49	$5,159
May 2019	0	5,165	58.48	2.74	$14,154
Apr 2019	0	2,593	62.63	2.75	$7,133
Mar 2019	0	183	56.80	3.06	$560
Feb 2019	0	55	50.85	2.79	$154
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	63	46.59	4.19	$264
Nov 2018	0	853	52.93	4.24	$3,614
Oct 2018	0	455	61.44	3.40	$1,546
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	59	808	59.40	3.07	$5,982
Jul 2018	0	455	65.14	2.93	$1,334
Jun 2018	0	275	60.18	3.08	$846
May 2018	0	81	65.38	2.90	$235
Apr 2018	0	129	63.84	2.90	$374
Mar 2018	0	1,407	61.22	2.79	$3,921
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	111	62.87	4.01	$445
Dec 2017	0	682	57.27	2.92	$1,992
Nov 2017	0	153	55.42	3.12	$477
Oct 2017	0	563	49.29	2.98	$1,680
Sep 2017	0	672	47.52	3.09	$2,075
Aug 2017	0	460	45.37	3.00	$1,382
Jul 2017	0	548	43.87	3.09	$1,692
Jun 2017	0	1,323	42.49	3.09	$4,084
May 2017	0	1,310	45.37	3.26	$4,275
Apr 2017	0	1,035	47.93	3.21	$3,324
Mar 2017	0	1,169	46.77	2.98	$3,488
Feb 2017	0	2,545	50.45	2.95	$7,514
Jan 2017	0	1,069	49.41	3.42	$3,655
Dec 2016	0	945	48.76	3.72	$3,518
Nov 2016	0	1,050	42.49	2.64	$2,777
Oct 2016	77	1,034	46.19	3.09	$6,752
Sep 2016	0	1,143	41.55	3.10	$3,544
Aug 2016	0	1,470	41.44	2.92	$4,299
Jul 2016	0	835	41.62	2.92	$2,442
Jun 2016	0	409	45.35	2.69	$1,099
May 2016	0	1,736	42.52	1.99	$3,456
Apr 2016	0	1,881	36.56	1.99	$3,745
Mar 2016	40	2,343	33.01	1.79	$5,524
Feb 2016	15	1,333	26.47	2.06	$3,148
Jan 2016	0	158	27.35	2.36	$374
Dec 2015	0	616	32.36	2.00	$1,233
Nov 2015	0	1,313	38.79	2.17	$2,846
Oct 2015	0	2,746	43.55	2.43	$6,663
Sep 2015	0	1,153	42.99	2.76	$3,180
Aug 2015	0	965	40.16	2.87	$2,772
Jul 2015	0	1,189	48.15	2.95	$3,502
Jun 2015	0	1,072	56.15	2.88	$3,090
May 2015	0	1,318	55.21	2.96	$3,895
Apr 2015	0	1,310	49.82	2.71	$3,546
Mar 2015	0	1,106	42.89	2.93	$3,246
Feb 2015	0	1,086	44.66	2.98	$3,232
Jan 2015	0	1,860	43.43	3.10	$5,767
Dec 2014	0	1,418	54.69	3.59	$5,093
Nov 2014	0	864	70.46	4.25	$3,674
Oct 2014	0	1,972	78.30	3.90	$7,693
Sep 2014	0	935	86.16	4.05	$3,782
Aug 2014	0	1,213	89.39	4.04	$4,895
Jul 2014	0	1,764	96.56	4.18	$7,373
Jun 2014	0	1,557	98.16	4.74	$7,375
May 2014	0	1,961	94.73	4.73	$9,269
Apr 2014	0	2,383	95.94	4.81	$11,460
Mar 2014	0	1,842	95.89	5.06	$9,315
Feb 2014	0	2,611	97.40	6.19	$16,167
Jan 2014	0	207	90.40	4.86	$1,006
Dec 2013	0	965	91.82	4.35	$4,202
Nov 2013	0	251	88.85	3.74	$938
Oct 2013	0	715	97.42	3.78	$2,702
Sep 2013	0	2,484	104.11	3.72	$9,235
Aug 2013	0	699	104.25	3.52	$2,462
Jul 2013	0	1,833	102.52	3.72	$6,815
Jun 2013	0	1,836	94.40	3.93	$7,222
May 2013	0	1,903	94.83	4.15	$7,896
Apr 2013	0	1,984	93.96	4.28	$8,497
Mar 2013	0	2,963	93.62	3.91	$11,594
Feb 2013	0	81	91.23	3.42	$277
Jan 2013	0	2,280	91.60	3.42	$7,797
Dec 2012	0	978	86.77	3.42	$3,345
Nov 2012	0	1,613	86.95	3.62	$5,847
Oct 2012	0	2,270	89.38	3.40	$7,717
Sep 2012	0	2,858	94.67	2.92	$8,341
Aug 2012	0	1,685	92.66	2.91	$4,900
Jul 2012	0	962	85.13	3.02	$2,906
Jun 2012	0	1,608	79.82	2.52	$4,051
May 2012	0	1,847	91.61	2.49	$4,596
Apr 2012	0	1,857	101.65	2.00	$3,708
Mar 2012	0	1,671	105.05	2.22	$3,713
Feb 2012	0	1,341	101.10	2.57	$3,447
Jan 2012	0	1,119	98.09	2.73	$3,059
Dec 2011	0	1,483	96.87	3.24	$4,805
Nov 2011	0	1,475	95.72	3.31	$4,884
Oct 2011	0	1,691	84.98	3.65	$6,170
Sep 2011	0	2,056	83.62	3.99	$8,195
Aug 2011	0	1,667	83.40	4.15	$6,917
Jul 2011	0	1,173	94.14	4.52	$5,299
Jun 2011	0	1,577	92.90	4.64	$7,317
May 2011	0	2,044	98.13	4.40	$9,003
Apr 2011	0	2,339	105.96	4.33	$10,136
Mar 2011	0	3,014	96.36	4.06	$12,229
Feb 2011	0	1,727	85.64	4.18	$7,219
Jan 2011	0	4,005	86.50	4.59	$18,378
Dec 2010	0	2,487	85.73	4.35	$10,813
Nov 2010	0	119	80.84	3.80	$452
Oct 2010	0	27	78.10	3.51	$95
Sep 2010	0	1,119	72.63	3.98	$4,453
Aug 2010	0	1,920	73.68	4.42	$8,485
Jul 2010	0	1,926	72.55	4.74	$9,122
Jun 2010	0	1,604	70.36	4.91	$7,876
May 2010	0	2,170	71.12	4.24	$9,190
Apr 2010	0	3,430	81.69	4.12	$14,141
Mar 2010	0	1,104	78.39	4.39	$4,845
Feb 2010	0	753	73.58	5.44	$4,098
Jan 2010	0	2,811	74.36	5.96	$16,765
Dec 2009	0	2,510	71.44	5.48	$13,764
Nov 2009	0	4,387	74.59	3.75	$16,458
Oct 2009	0	5,672	72.54	4.11	$23,313
Sep 2009	0	89	65.54	3.06	$273
Aug 2009	0	111	67.42	3.22	$357
Jul 2009	15	563	61.13	3.46	$2,867
Jun 2009	0	1,970	66.16	3.90	$7,673
May 2009	4	2,580	54.74	3.93	$10,347
Apr 2009	0	2,789	46.77	3.59	$10,006
Mar 2009	2	2,973	42.14	4.06	$12,152
Feb 2009	1	2,765	32.81	4.63	$12,843
Jan 2009	0	2,931	35.86	5.37	$15,742
Dec 2008	0	3,172	37.10	5.98	$18,959
Nov 2008	0	2,076	55.49	6.86	$14,242
Oct 2008	1	2,718	75.24	6.92	$18,889
Sep 2008	0	1,965	101.76	7.88	$15,478
Aug 2008	1	2,766	114.22	8.48	$23,578
Jul 2008	0	3,068	131.08	11.39	$34,943
Jun 2008	1	3,578	131.33	13.03	$46,762
May 2008	4	3,407	123.17	11.57	$39,926
Apr 2008	0	6,295	110.31	10.45	$65,813
Mar 2008	4	6,708	101.90	9.66	$65,234
Feb 2008	11	4,602	92.53	8.77	$41,380
Jan 2008	7	124	90.38	8.21	$1,650
Dec 2007	90	0	88.33	7.30	$7,950
Nov 2007	0	670	91.67	7.29	$4,885
Oct 2007	0	217	82.85	6.92	$1,502
Sep 2007	0	160	75.84	6.24	$999
Aug 2007	0	391	69.06	6.39	$2,498
Jul 2007	0	702	70.90	6.39	$4,484
Jun 2007	0	624	62.00	7.55	$4,710
May 2007	0	365	58.74	7.85	$2,864
Apr 2007	0	1,260	59.61	7.81	$9,835
Mar 2007	0	909	56.92	7.30	$6,637
Feb 2007	0	1,882	55.10	8.22	$15,463
Jan 2007	0	4,781	50.30	6.73	$32,161
Dec 2006	1	3,817	56.65	6.92	$26,464
Nov 2006	1	6,152	54.20	7.62	$46,917
Oct 2006	0	1,359	54.90	6.01	$8,173
Sep 2006	1	3,391	60.08	5.04	$17,141
Aug 2006	0	5,703	68.71	7.34	$41,860
Jul 2006	0	5,026	69.37	6.34	$31,879
Jun 2006	0	4,410	66.28	6.38	$28,153
May 2006	1	5,379	66.01	6.42	$34,626
Apr 2006	1	4,432	64.39	7.36	$32,686
Mar 2006	2	5,905	56.70	7.08	$41,938
Feb 2006	7	6,583	57.59	7.75	$51,429
Jan 2006	0	9,367	60.59	8.93	$83,678
Dec 2005	1	15,209	54.94	13.42	$204,090
Nov 2005	7	9,098	54.69	10.59	$96,716
Oct 2005	0	148	58.34	13.80	$2,042
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	154	55.69	7.84	$1,208
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	91	45.22	6.65	$605
Apr 2005	0	18	49.20	7.36	$132
Mar 2005	0	142	50.37	7.15	$1,016
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	153	43.16	6.32	$967
Dec 2004	0	52	39.86	6.75	$351
Nov 2004	0	170	45.28	6.33	$1,076
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	147	43.24	5.28	$777
Aug 2004	0	167	42.37	5.55	$927
Jul 2004	0	1,028	38.28	6.08	$6,255
Jun 2004	0	2,184	36.10	6.43	$14,050
May 2004	0	3,140	37.48	6.49	$20,393
Apr 2004	0	4,239	34.47	5.86	$24,834
Mar 2004	0	2,700	34.36	5.53	$14,931
Feb 2004	0	2,908	32.45	5.51	$16,022
Jan 2004	0	3,794	32.03	6.30	$23,901
Dec 2003	0	5,658	30.26	6.30	$35,655
Nov 2003	0	2,010	28.80	4.60	$9,236
Oct 2003	0	4,623	28.17	4.76	$22,004
Sep 2003	0	6,660	26.31	4.75	$31,631
Aug 2003	0	138	29.76	5.13	$708
Jul 2003	0	72	29.41	5.17	$372
Jun 2003	0	561	28.56	5.98	$3,356
May 2003	0	2,821	26.59	5.97	$16,849
Apr 2003	0	5,291	26.67	5.41	$28,610
Mar 2003	0	4,154	31.14	6.10	$25,323
Feb 2003	0	2,485	33.48	7.93	$19,696
Jan 2003	182	7,498	30.31	5.58	$47,371
Dec 2002	0	4,009	26.91	4.85	$19,459
Nov 2002	0	4,000	24.66	4.14	$16,548
Oct 2002	0	5,085	26.46	4.23	$21,505
Sep 2002	0	3,926	27.44	3.64	$14,272
Aug 2002	0	2,940	25.96	3.16	$9,303
Jul 2002	0	4,203	24.58	3.06	$12,869
Jun 2002	0	5,010	23.73	3.34	$16,725
May 2002	0	5,277	24.66	3.58	$18,913
Apr 2002	0	4,848	23.65	3.51	$17,028
Mar 2002	0	1,843	22.00	3.10	$5,718
Feb 2002	0	5,234	18.22	2.38	$12,434
Jan 2002	0	3,774	17.17	2.38	$8,966
Dec 2001	0	5,423	16.93	2.36	$12,822
Nov 2001	0	6,708	18.07	2.41	$16,136
Oct 2001	0	2,045	19.78	2.53	$5,172
Sep 2001	180	7,490	24.26	2.25	$21,229
Aug 2001	0	4,406	24.87	3.05	$13,452
Jul 2001	0	6,297	23.93	3.20	$20,132
Jun 2001	0	3,860	24.56	3.82	$14,761
May 2001	0	5,897	25.52	4.31	$25,400
Apr 2001	0	5,158	24.68	5.34	$27,520
Mar 2001	178	6,189	24.54	5.38	$37,643
Feb 2001	0	4,929	27.75	5.77	$28,426
Jan 2001	0	6,596	27.47	8.40	$55,398
Dec 2000	0	7,111	26.88	9.12	$64,870
Nov 2000	0	7,004	32.21	5.66	$39,629
Oct 2000	178	7,818	31.23	5.15	$45,786
Sep 2000	0	6,888	31.87	5.19	$35,725
Aug 2000	0	10,917	29.64	4.54	$49,571
Jul 2000	184	21,302	28.53	4.09	$92,369
Jun 2000	0	1,089	29.30	4.40	$4,789
May 2000	0	90	27.26	3.68	$331
Apr 2000	0	73	24.51	3.12	$227
Mar 2000	0	5,766	28.42	2.86	$16,489
Feb 2000	0	7,297	27.62	2.73	$19,895
Jan 2000	0	5,372	25.27	2.48	$13,325
Dec 1999	169	7,278	24.28	2.42	$21,743
Nov 1999	0	6,252	23.19	2.43	$15,217
Oct 1999	0	7,672	20.98	2.80	$21,510
Sep 1999	177	10,175	21.75	2.62	$30,497
Aug 1999	0	9,562	19.26	2.88	$27,496
Jul 1999	0	327	17.89	2.37	$776
Jun 1999	0	8,810	15.94	2.36	$20,810
May 1999	184	9,439	15.79	2.32	$24,813
Apr 1999	0	8,326	15.10	2.21	$18,384
Mar 1999	0	10,893	12.47	1.84	$20,025
Feb 1999	182	7,605	9.98	1.82	$15,641
Jan 1999	0	9,475	10.38	1.90	$18,002
Dec 1998	180	6,773	9.20	1.77	$13,667
Nov 1998	0	11,305	10.89	2.19	$24,710
Oct 1998	0	10,079	12.42	1.97	$19,848
Sep 1998	158	11,233	12.59	2.08	$25,383
Aug 1998	0	12,765	11.30	1.91	$24,347
Jul 1998	172	13,176	11.74	2.24	$31,498
Jun 1998	0	14,414	11.24	2.24	$32,248
May 1998	168	14,983	12.62	2.21	$35,178
Apr 1998	166	14,423	13.04	2.51	$38,299
Mar 1998	0	18,403	12.80	2.31	$42,501
Feb 1998	173	16,073	13.95	2.30	$39,367
Jan 1998	167	17,205	14.70	2.15	$39,528
Dec 1997	182	21,194	16.32	2.41	$54,071
Nov 1997	349	26,791	18.19	3.09	$89,086
Oct 1997	0	38,376	19.25	3.15	$120,877
Sep 1997	0	17,112	17.74	2.95	$50,564
Aug 1997	0	15,475	17.86	2.55	$39,535
Jul 1997	0	23,165	17.58	2.25	$52,050
Jun 1997	174	18,652	17.24	2.26	$45,101
May 1997	184	29,451	18.97	2.31	$71,478
Apr 1997	169	19,551	17.88	2.08	$43,742
Mar 1997	198	28,658	18.95	1.94	$59,324
Feb 1997	182	27,009	20.49	2.21	$63,308
Jan 1997	363	37,035	23.48	3.54	$139,616
Dec 1996	206	42,140	23.32	—	$4,804
Nov 1996	389	50,349	21.97	—	$8,546
Oct 1996	580	64,515	23.31	—	$13,520
Sep 1996	377	78,715	22.22	—	$8,377
Aug 1996	772	100,203	20.26	—	$15,641
Jul 1996	718	120,074	19.55	—	$14,037
Jun 1996	1,074	138,997	18.73	—	$20,116
May 1996	1,814	181,974	19.43	—	$35,246
Apr 1996	2,379	267,951	21.51	—	$51,172
Mar 1996	1,792	253,766	19.38	—	$34,729
Feb 1996	0	2,871	16.98	—	$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.

May 2022 — as filed, then multipliedworked

Condensate             0 bbl  × $109.37 =         $0
Gas                    5 Mcf  × $  8.43 =        $42

────────────────────────────────────────────────────
Month total                                      $42

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/158266 is the state's own key, not one this site invented.