BAMSCH (HORIZ)

Name: BAMSCH (HORIZ) lease production and value, Jan 1993 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-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12868District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$923 k

Jan 1993 – Aug 2022

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

356

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and 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 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED”

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
NGPA	3	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
Oil	Disposition	15,955 bbl	$522,330
Casinghead gas	Production	152,953 Mcf	$400,343
Total			$922,673

62,899 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 30.1416, -96.9792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.14158, -96.97922 · 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

8,315 ft

1 wells filed one

Completion to plug

34.2 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 8,315 ft.

Completions filed

Apr 1988

1 of 1 wells

Plug dates filed

Jun 2022

1 of 1 wells

Last completion to plug: a median of 34.2 years across the 1 well that filed both dates, with the middle half between 34.2 years and 34.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-28730614	1	8,315 ft	Apr 1988	Jun 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 (356)

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

356 months


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	65	0	77.43	5.24	$5,033
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	30	66.02	4.22	$127
Jul 2021	181	30	70.78	3.98	$12,931
Jun 2021	1	19	69.49	3.38	$134
May 2021	0	31	63.48	3.02	$94
Apr 2021	0	11	60.36	2.76	$30
Mar 2021	0	52	61.30	2.72	$141
Feb 2021	0	25	57.80	5.55	$139
Jan 2021	0	22	50.41	2.81	$62
Dec 2020	1	26	44.64	2.68	$114
Nov 2020	0	27	38.77	2.71	$73
Oct 2020	0	23	36.97	2.48	$57
Sep 2020	0	24	37.09	1.99	$48
Aug 2020	0	25	39.98	2.39	$60
Jul 2020	0	26	38.37	1.83	$47
Jun 2020	0	28	34.90	1.69	$47
May 2020	0	24	16.92	1.81	$44
Apr 2020	83	23	14.75	1.80	$1,266
Mar 2020	0	26	30.34	1.86	$48
Feb 2020	0	27	49.88	1.98	$53
Jan 2020	0	25	57.25	2.09	$52
Dec 2019	0	40	59.01	2.30	$92
Nov 2019	0	24	55.30	2.75	$66
Oct 2019	178	27	53.47	2.42	$9,583
Sep 2019	0	25	55.05	2.66	$66
Aug 2019	0	23	53.11	2.30	$53
Jul 2019	0	34	56.27	2.46	$84
Jun 2019	0	25	52.78	2.49	$62
May 2019	1	15	58.48	2.74	$100
Apr 2019	0	43	62.63	2.75	$118
Mar 2019	0	27	56.80	3.06	$83
Feb 2019	0	27	50.85	2.79	$75
Jan 2019	0	23	46.03	3.23	$74
Dec 2018	0	23	46.59	4.19	$96
Nov 2018	0	29	52.93	4.24	$123
Oct 2018	0	28	61.44	3.40	$95
Sep 2018	162	20	59.54	3.11	$9,708
Aug 2018	0	26	59.40	3.07	$80
Jul 2018	0	42	65.14	2.93	$123
Jun 2018	0	24	60.18	3.08	$74
May 2018	0	23	65.38	2.90	$67
Apr 2018	0	23	63.84	2.90	$67
Mar 2018	0	26	61.22	2.79	$72
Feb 2018	0	28	61.78	2.77	$77
Jan 2018	0	43	62.87	4.01	$172
Dec 2017	0	14	57.27	2.92	$41
Nov 2017	0	18	55.42	3.12	$56
Oct 2017	0	37	49.29	2.98	$110
Sep 2017	1	66	47.52	3.09	$251
Aug 2017	177	25	45.37	3.00	$8,106
Jul 2017	0	58	43.87	3.09	$179
Jun 2017	0	28	42.49	3.09	$86
May 2017	0	22	45.37	3.26	$72
Apr 2017	0	24	47.93	3.21	$77
Mar 2017	0	19	46.77	2.98	$57
Feb 2017	0	24	50.45	2.95	$71
Jan 2017	1	45	49.41	3.42	$203
Dec 2016	0	21	48.76	3.72	$78
Nov 2016	0	55	42.49	2.64	$145
Oct 2016	164	66	46.19	3.09	$7,779
Sep 2016	0	38	41.55	3.10	$118
Aug 2016	0	51	41.44	2.92	$149
Jul 2016	0	40	41.62	2.92	$117
Jun 2016	0	43	45.35	2.69	$115
May 2016	0	52	42.52	1.99	$104
Apr 2016	0	42	36.56	1.99	$84
Mar 2016	0	49	33.01	1.79	$88
Feb 2016	0	37	26.47	2.06	$76
Jan 2016	0	36	27.35	2.36	$85
Dec 2015	0	41	32.36	2.00	$82
Nov 2015	0	40	38.79	2.17	$87
Oct 2015	163	33	43.55	2.43	$7,179
Sep 2015	0	45	42.99	2.76	$124
Aug 2015	0	39	40.16	2.87	$112
Jul 2015	0	41	48.15	2.95	$121
Jun 2015	0	51	56.15	2.88	$147
May 2015	0	48	55.21	2.96	$142
Apr 2015	0	50	49.82	2.71	$135
Mar 2015	1	78	42.89	2.93	$272
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	33	43.43	3.10	$102
Dec 2014	0	55	54.69	3.59	$198
Nov 2014	0	145	70.46	4.25	$617
Oct 2014	177	69	78.30	3.90	$14,128
Sep 2014	0	42	86.16	4.05	$170
Aug 2014	0	75	89.39	4.04	$303
Jul 2014	0	94	96.56	4.18	$393
Jun 2014	0	15	98.16	4.74	$71
May 2014	0	35	94.73	4.73	$165
Apr 2014	0	126	95.94	4.81	$606
Mar 2014	0	112	95.89	5.06	$566
Feb 2014	0	75	97.40	6.19	$464
Jan 2014	0	111	90.40	4.86	$540
Dec 2013	1	164	91.82	4.35	$806
Nov 2013	0	213	88.85	3.74	$796
Oct 2013	0	145	97.42	3.78	$548
Sep 2013	180	272	104.11	3.72	$19,751
Aug 2013	0	253	104.25	3.52	$891
Jul 2013	0	303	102.52	3.72	$1,126
Jun 2013	0	161	94.40	3.93	$633
May 2013	0	158	94.83	4.15	$656
Apr 2013	0	202	93.96	4.28	$865
Mar 2013	0	182	93.62	3.91	$712
Feb 2013	179	313	91.23	3.42	$17,401
Jan 2013	1	131	91.60	3.42	$540
Dec 2012	1	71	86.77	3.42	$330
Nov 2012	1	40	86.95	3.62	$232
Oct 2012	0	178	89.38	3.40	$605
Sep 2012	0	138	94.67	2.92	$403
Aug 2012	0	144	92.66	2.91	$419
Jul 2012	0	167	85.13	3.02	$504
Jun 2012	176	144	79.82	2.52	$14,411
May 2012	0	163	91.61	2.49	$406
Apr 2012	0	219	101.65	2.00	$437
Mar 2012	0	231	105.05	2.22	$513
Feb 2012	0	207	101.10	2.57	$532
Jan 2012	0	223	98.09	2.73	$610
Dec 2011	0	222	96.87	3.24	$719
Nov 2011	181	186	95.72	3.31	$17,941
Oct 2011	0	199	84.98	3.65	$726
Sep 2011	0	169	83.62	3.99	$674
Aug 2011	0	194	83.40	4.15	$805
Jul 2011	0	103	94.14	4.52	$465
Jun 2011	0	209	92.90	4.64	$970
May 2011	179	223	98.13	4.40	$18,548
Apr 2011	0	167	105.96	4.33	$724
Mar 2011	0	225	96.36	4.06	$913
Feb 2011	0	207	85.64	4.18	$865
Jan 2011	0	250	86.50	4.59	$1,147
Dec 2010	171	197	85.73	4.35	$15,516
Nov 2010	0	253	80.84	3.80	$960
Oct 2010	0	236	78.10	3.51	$828
Sep 2010	0	187	72.63	3.98	$744
Aug 2010	0	286	73.68	4.42	$1,264
Jul 2010	0	150	72.55	4.74	$710
Jun 2010	0	234	70.36	4.91	$1,149
May 2010	179	222	71.12	4.24	$13,671
Apr 2010	0	170	81.69	4.12	$701
Mar 2010	0	241	78.39	4.39	$1,058
Feb 2010	0	207	73.58	5.44	$1,127
Jan 2010	0	239	74.36	5.96	$1,425
Dec 2009	1	255	71.44	5.48	$1,470
Nov 2009	0	241	74.59	3.75	$904
Oct 2009	182	240	72.54	4.11	$14,189
Sep 2009	0	250	65.54	3.06	$766
Aug 2009	0	239	67.42	3.22	$769
Jul 2009	1	255	61.13	3.46	$945
Jun 2009	0	326	66.16	3.90	$1,270
May 2009	0	166	54.74	3.93	$652
Apr 2009	1	226	46.77	3.59	$858
Mar 2009	178	256	42.14	4.06	$8,540
Feb 2009	0	220	32.81	4.63	$1,019
Jan 2009	0	260	35.86	5.37	$1,396
Dec 2008	0	291	37.10	5.98	$1,739
Nov 2008	0	237	55.49	6.86	$1,626
Oct 2008	0	257	75.24	6.92	$1,779
Sep 2008	0	253	101.76	7.88	$1,993
Aug 2008	183	189	114.22	8.48	$22,506
Jul 2008	0	230	131.08	11.39	$2,620
Jun 2008	0	233	131.33	13.03	$3,037
May 2008	0	224	123.17	11.57	$2,593
Apr 2008	0	284	110.31	10.45	$2,969
Mar 2008	0	307	101.90	9.66	$2,967
Feb 2008	0	261	92.53	8.77	$2,289
Jan 2008	0	231	90.38	8.21	$1,896
Dec 2007	182	249	88.33	7.30	$17,894
Nov 2007	0	241	91.67	7.29	$1,757
Oct 2007	0	286	82.85	6.92	$1,980
Sep 2007	0	224	75.84	6.24	$1,399
Aug 2007	0	274	69.06	6.39	$1,750
Jul 2007	0	322	70.90	6.39	$2,057
Jun 2007	184	275	62.00	7.55	$13,484
May 2007	0	290	58.74	7.85	$2,275
Apr 2007	0	210	59.61	7.81	$1,639
Mar 2007	0	236	56.92	7.30	$1,723
Feb 2007	0	194	55.10	8.22	$1,594
Jan 2007	0	280	50.30	6.73	$1,884
Dec 2006	182	347	56.65	6.92	$12,711
Nov 2006	0	276	54.20	7.62	$2,102
Oct 2006	1	228	54.90	6.01	$1,426
Sep 2006	0	227	60.08	5.04	$1,143
Aug 2006	0	312	68.71	7.34	$2,290
Jul 2006	0	353	69.37	6.34	$2,239
Jun 2006	0	339	66.28	6.38	$2,164
May 2006	0	484	66.01	6.42	$3,110
Apr 2006	0	335	64.39	7.36	$2,466
Mar 2006	0	466	56.70	7.08	$3,301
Feb 2006	179	477	57.59	7.75	$14,006
Jan 2006	0	382	60.59	8.93	$3,413
Dec 2005	0	55	54.94	13.42	$738
Nov 2005	0	367	54.69	10.59	$3,886
Oct 2005	0	259	58.34	13.80	$3,573
Sep 2005	0	368	61.45	12.08	$4,445
Aug 2005	0	445	61.51	9.80	$4,360
Jul 2005	0	478	55.69	7.84	$3,749
Jun 2005	0	454	52.33	7.38	$3,351
May 2005	180	475	45.22	6.65	$11,299
Apr 2005	0	428	49.20	7.36	$3,150
Mar 2005	0	381	50.37	7.15	$2,726
Feb 2005	1	292	45.22	6.31	$1,888
Jan 2005	0	340	43.16	6.32	$2,150
Dec 2004	1	183	39.86	6.75	$1,275
Nov 2004	181	522	45.28	6.33	$11,500
Oct 2004	0	503	49.70	6.52	$3,277
Sep 2004	0	413	43.24	5.28	$2,182
Aug 2004	0	616	42.37	5.55	$3,419
Jul 2004	0	603	38.28	6.08	$3,669
Jun 2004	0	603	36.10	6.43	$3,879
May 2004	0	642	37.48	6.49	$4,170
Apr 2004	177	635	34.47	5.86	$9,821
Mar 2004	0	600	34.36	5.53	$3,318
Feb 2004	0	562	32.45	5.51	$3,096
Jan 2004	179	607	32.03	6.30	$9,557
Dec 2003	0	723	30.26	6.30	$4,556
Nov 2003	0	486	28.80	4.60	$2,233
Oct 2003	192	660	28.17	4.76	$8,550
Sep 2003	0	670	26.31	4.75	$3,182
Aug 2003	0	769	29.76	5.13	$3,945
Jul 2003	1	795	29.41	5.17	$4,140
Jun 2003	195	558	28.56	5.98	$8,908
May 2003	0	723	26.59	5.97	$4,318
Apr 2003	1	789	26.67	5.41	$4,293
Mar 2003	1	822	31.14	6.10	$5,042
Feb 2003	189	34	33.48	7.93	$6,597
Jan 2003	0	584	30.31	5.58	$3,260
Dec 2002	0	692	26.91	4.85	$3,359
Nov 2002	0	412	24.66	4.14	$1,704
Oct 2002	178	782	26.46	4.23	$8,017
Sep 2002	1	706	27.44	3.64	$2,594
Aug 2002	0	731	25.96	3.16	$2,313
Jul 2002	194	794	24.58	3.06	$7,200
Jun 2002	1	712	23.73	3.34	$2,401
May 2002	0	787	24.66	3.58	$2,821
Apr 2002	191	899	23.65	3.51	$7,675
Mar 2002	0	710	22.00	3.10	$2,203
Feb 2002	0	595	18.22	2.38	$1,414
Jan 2002	0	553	17.17	2.38	$1,314
Dec 2001	192	625	16.93	2.36	$4,728
Nov 2001	0	684	18.07	2.41	$1,645
Oct 2001	0	540	19.78	2.53	$1,366
Sep 2001	0	539	24.26	2.25	$1,213
Aug 2001	183	641	24.87	3.05	$6,508
Jul 2001	0	643	23.93	3.20	$2,056
Jun 2001	0	546	24.56	3.82	$2,088
May 2001	193	595	25.52	4.31	$7,488
Apr 2001	0	600	24.68	5.34	$3,201
Mar 2001	0	661	24.54	5.38	$3,554
Feb 2001	197	581	27.75	5.77	$8,817
Jan 2001	0	705	27.47	8.40	$5,921
Dec 2000	0	626	26.88	9.12	$5,711
Nov 2000	0	704	32.21	5.66	$3,983
Oct 2000	180	1,091	31.23	5.15	$11,235
Sep 2000	187	146	31.87	5.19	$6,717
Aug 2000	0	281	29.64	4.54	$1,276
Jul 2000	0	618	28.53	4.09	$2,527
Jun 2000	0	574	29.30	4.40	$2,524
May 2000	0	669	27.26	3.68	$2,462
Apr 2000	182	569	24.51	3.12	$6,234
Mar 2000	0	618	28.42	2.86	$1,767
Feb 2000	0	663	27.62	2.73	$1,808
Jan 2000	193	657	25.27	2.48	$6,507
Dec 1999	0	569	24.28	2.42	$1,379
Nov 1999	0	624	23.19	2.43	$1,519
Oct 1999	188	645	20.98	2.80	$5,753
Sep 1999	0	625	21.75	2.62	$1,637
Aug 1999	0	697	19.26	2.88	$2,004
Jul 1999	181	693	17.89	2.37	$4,882
Jun 1999	0	642	15.94	2.36	$1,516
May 1999	0	596	15.79	2.32	$1,383
Apr 1999	170	766	15.10	2.21	$4,258
Mar 1999	0	789	12.47	1.84	$1,450
Feb 1999	0	727	9.98	1.82	$1,322
Jan 1999	184	572	10.38	1.90	$2,997
Dec 1998	0	635	9.20	1.77	$1,126
Nov 1998	0	630	10.89	2.19	$1,377
Oct 1998	187	625	12.42	1.97	$3,553
Sep 1998	0	544	12.59	2.08	$1,133
Aug 1998	0	679	11.30	1.91	$1,295
Jul 1998	177	624	11.74	2.24	$3,474
Jun 1998	0	592	11.24	2.24	$1,324
May 1998	0	81	12.62	2.21	$179
Apr 1998	177	849	13.04	2.51	$4,435
Mar 1998	0	227	12.80	2.31	$524
Feb 1998	180	513	13.95	2.30	$3,690
Jan 1998	0	576	14.70	2.15	$1,241
Dec 1997	166	633	16.32	2.41	$4,235
Nov 1997	0	462	18.19	3.09	$1,427
Oct 1997	184	620	19.25	3.15	$5,495
Sep 1997	0	651	17.74	2.95	$1,924
Aug 1997	182	559	17.86	2.55	$4,679
Jul 1997	0	609	17.58	2.25	$1,368
Jun 1997	67	615	17.24	2.26	$2,543
May 1997	177	656	18.97	2.31	$4,872
Apr 1997	0	694	17.88	2.08	$1,445
Mar 1997	173	815	18.95	1.94	$4,859
Feb 1997	0	729	20.49	2.21	$1,608
Jan 1997	169	907	23.48	3.54	$7,179
Dec 1996	192	950	23.32	—	$4,477
Nov 1996	0	724	21.97	—	$0
Oct 1996	151	923	23.31	—	$3,520
Sep 1996	84	967	22.22	—	$1,866
Aug 1996	96	989	20.26	—	$1,945
Jul 1996	192	1,024	19.55	—	$3,754
Jun 1996	0	999	18.73	—	$0
May 1996	101	1,253	19.43	—	$1,962
Apr 1996	116	1,178	21.51	—	$2,495
Mar 1996	194	1,279	19.38	—	$3,760
Feb 1996	0	1,261	16.98	—	$0
Jan 1996	117	1,434	17.07	—	$1,997
Dec 1995	168	1,202	17.19	—	$2,888
Nov 1995	98	1,020	16.00	—	$1,568
Oct 1995	142	1,004	15.43	—	$2,191
Sep 1995	0	990	16.18	—	$0
Aug 1995	82	1,267	15.92	—	$1,305
Jul 1995	75	1,371	15.24	—	$1,143
Jun 1995	175	1,312	16.41	—	$2,872
May 1995	0	641	17.56	—	$0
Apr 1995	88	1,168	17.73	—	$1,560
Mar 1995	153	1,444	16.44	—	$2,515
Feb 1995	200	1,326	16.58	—	$3,316
Jan 1995	0	1,684	15.92	—	$0
Dec 1994	188	1,525	15.03	—	$2,826
Nov 1994	0	1,509	15.90	—	$0
Oct 1994	189	1,602	15.58	—	$2,945
Sep 1994	193	1,481	15.29	—	$2,951
Aug 1994	194	1,700	16.13	—	$3,129
Jul 1994	383	1,749	17.56	—	$6,725
Jun 1994	774	1,108	17.09	—	$13,228
May 1994	0	883	15.88	—	$0
Apr 1994	79	1,034	14.14	—	$1,117
Mar 1994	179	1,158	12.46	—	$2,230
Feb 1994	183	1,064	12.50	—	$2,288
Jan 1994	0	1,492	12.66	—	$0
Dec 1993	178	1,153	12.33	—	$2,195
Nov 1993	0	1,328	14.49	—	$0
Oct 1993	251	1,538	15.85	—	$3,978
Sep 1993	4	1,396	15.03	—	$60
Aug 1993	183	1,625	15.66	—	$2,866
Jul 1993	0	1,683	15.46	—	$0
Jun 1993	181	1,681	16.79	—	$3,039
May 1993	191	1,339	17.68	—	$3,377
Apr 1993	0	1,553	18.05	—	$0
Mar 1993	185	1,972	18.14	—	$3,356
Feb 1993	0	2,031	17.90	—	$0
Jan 1993	185	1,885	16.93	—	$3,132

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 2021 — as filed, then multipliedworked

Oil                   65 bbl  × $ 77.43 =     $5,033
Casinghead gas         0 Mcf  × $  5.24 =         $0

────────────────────────────────────────────────────
Month total                                   $5,033

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/O/12868 is the state's own key, not one this site invented.