TARGET UNIT

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

Operated by INEOS USA OIL & GAS LLC (P-5 424176) 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 19171District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$7.3 M

Jan 1993 – Jan 2024

Value, last 12 filed months

at the published price for each month

Months reported

373

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”

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	72,664 bbl	$3,570,514
Casinghead gas	Production	574,398 Mcf	$3,689,622
Total			$7,260,136

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 29.8972, -96.9157. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.89716, -96.91571 · 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

0.0%

0 of 1 wells

Median depth

10,597 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

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

00.0%

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 10,597 ft.

Completions filed

Jun 2004

1 of 1 wells

1 well


42-14931183	1	10,597 ft	Jun 2004	—	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 (373)

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

373 months


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	51	0	76.41	5.73	$3,897
Nov 2022	37	7	85.00	5.65	$3,185
Oct 2022	0	10	87.18	5.86	$59
Sep 2022	0	16	84.88	8.16	$131
Aug 2022	0	15	94.52	9.13	$137
Jul 2022	0	18	101.58	7.54	$136
Jun 2022	0	17	115.09	7.98	$136
May 2022	0	18	109.37	8.43	$152
Apr 2022	0	19	104.22	6.84	$130
Mar 2022	0	19	108.88	5.08	$96
Feb 2022	0	36	91.05	4.86	$175
Jan 2022	0	34	81.84	4.54	$154
Dec 2021	0	39	71.32	3.90	$152
Nov 2021	0	37	77.43	5.24	$194
Oct 2021	0	38	79.79	5.71	$217
Sep 2021	0	36	69.86	5.35	$193
Aug 2021	0	40	66.02	4.22	$169
Jul 2021	0	46	70.78	3.98	$183
Jun 2021	0	51	69.49	3.38	$172
May 2021	0	51	63.48	3.02	$154
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	4	61.30	2.72	$11
Feb 2021	0	3	57.80	5.55	$17
Jan 2021	0	41	50.41	2.81	$115
Dec 2020	0	43	44.64	2.68	$115
Nov 2020	0	20	38.77	2.71	$54
Oct 2020	0	31	36.97	2.48	$77
Sep 2020	0	52	37.09	1.99	$104
Aug 2020	0	22	39.98	2.39	$52
Jul 2020	0	29	38.37	1.83	$53
Jun 2020	0	54	34.90	1.69	$91
May 2020	0	45	16.92	1.81	$82
Apr 2020	0	64	14.75	1.80	$115
Mar 2020	0	110	30.34	1.86	$204
Feb 2020	0	122	49.88	1.98	$242
Jan 2020	0	143	57.25	2.09	$300
Dec 2019	0	128	59.01	2.30	$295
Nov 2019	0	102	55.30	2.75	$281
Oct 2019	0	127	53.47	2.42	$307
Sep 2019	0	133	55.05	2.66	$353
Aug 2019	0	117	53.11	2.30	$270
Jul 2019	0	131	56.27	2.46	$322
Jun 2019	0	156	52.78	2.49	$389
May 2019	48	121	58.48	2.74	$3,139
Apr 2019	0	164	62.63	2.75	$451
Mar 2019	169	499	56.80	3.06	$11,127
Feb 2019	0	283	50.85	2.79	$790
Jan 2019	0	275	46.03	3.23	$888
Dec 2018	0	328	46.59	4.19	$1,373
Nov 2018	0	55	52.93	4.24	$233
Oct 2018	0	335	61.44	3.40	$1,138
Sep 2018	0	236	59.54	3.11	$733
Aug 2018	1	464	59.40	3.07	$1,482
Jul 2018	0	265	65.14	2.93	$777
Jun 2018	1	256	60.18	3.08	$848
May 2018	185	277	65.38	2.90	$12,899
Apr 2018	0	345	63.84	2.90	$1,001
Mar 2018	1	305	61.22	2.79	$911
Feb 2018	0	286	61.78	2.77	$791
Jan 2018	0	220	62.87	4.01	$882
Dec 2017	0	132	57.27	2.92	$386
Nov 2017	195	387	55.42	3.12	$12,014
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	161	47.52	3.09	$497
Aug 2017	0	393	45.37	3.00	$1,181
Jul 2017	0	553	43.87	3.09	$1,707
Jun 2017	0	518	42.49	3.09	$1,599
May 2017	0	544	45.37	3.26	$1,775
Apr 2017	194	539	47.93	3.21	$11,029
Mar 2017	0	523	46.77	2.98	$1,560
Feb 2017	0	475	50.45	2.95	$1,402
Jan 2017	0	613	49.41	3.42	$2,096
Dec 2016	0	505	48.76	3.72	$1,880
Nov 2016	0	499	42.49	2.64	$1,320
Oct 2016	195	606	46.19	3.09	$10,880
Sep 2016	0	545	41.55	3.10	$1,690
Aug 2016	0	545	41.44	2.92	$1,594
Jul 2016	0	624	41.62	2.92	$1,825
Jun 2016	0	541	45.35	2.69	$1,453
May 2016	186	647	42.52	1.99	$9,197
Apr 2016	0	671	36.56	1.99	$1,336
Mar 2016	0	585	33.01	1.79	$1,050
Feb 2016	0	476	26.47	2.06	$982
Jan 2016	0	528	27.35	2.36	$1,248
Dec 2015	0	582	32.36	2.00	$1,165
Nov 2015	176	501	38.79	2.17	$7,913
Oct 2015	0	673	43.55	2.43	$1,633
Sep 2015	0	752	42.99	2.76	$2,074
Aug 2015	0	675	40.16	2.87	$1,939
Jul 2015	0	580	48.15	2.95	$1,708
Jun 2015	0	624	56.15	2.88	$1,799
May 2015	192	655	55.21	2.96	$12,536
Apr 2015	0	455	49.82	2.71	$1,231
Mar 2015	0	657	42.89	2.93	$1,928
Feb 2015	0	680	44.66	2.98	$2,024
Jan 2015	0	706	43.43	3.10	$2,189
Dec 2014	195	597	54.69	3.59	$12,809
Nov 2014	0	717	70.46	4.25	$3,049
Oct 2014	0	731	78.30	3.90	$2,852
Sep 2014	0	515	86.16	4.05	$2,083
Aug 2014	0	614	89.39	4.04	$2,478
Jul 2014	0	647	96.56	4.18	$2,704
Jun 2014	190	691	98.16	4.74	$21,924
May 2014	0	595	94.73	4.73	$2,812
Apr 2014	0	768	95.94	4.81	$3,693
Mar 2014	0	731	95.89	5.06	$3,697
Feb 2014	0	663	97.40	6.19	$4,105
Jan 2014	183	858	90.40	4.86	$20,714
Dec 2013	0	732	91.82	4.35	$3,187
Nov 2013	0	736	88.85	3.74	$2,751
Oct 2013	0	808	97.42	3.78	$3,054
Sep 2013	185	701	104.11	3.72	$21,866
Aug 2013	0	734	104.25	3.52	$2,586
Jul 2013	0	740	102.52	3.72	$2,751
Jun 2013	0	673	94.40	3.93	$2,647
May 2013	179	642	94.83	4.15	$19,638
Apr 2013	0	437	93.96	4.28	$1,871
Mar 2013	0	561	93.62	3.91	$2,195
Feb 2013	0	670	91.23	3.42	$2,291
Jan 2013	192	798	91.60	3.42	$20,316
Dec 2012	0	815	86.77	3.42	$2,787
Nov 2012	183	766	86.95	3.62	$18,689
Oct 2012	0	748	89.38	3.40	$2,543
Sep 2012	192	694	94.67	2.92	$20,202
Aug 2012	0	789	92.66	2.91	$2,295
Jul 2012	173	813	85.13	3.02	$17,183
Jun 2012	0	773	79.82	2.52	$1,947
May 2012	180	883	91.61	2.49	$18,687
Apr 2012	0	866	101.65	2.00	$1,729
Mar 2012	0	922	105.05	2.22	$2,049
Feb 2012	170	866	101.10	2.57	$19,413
Jan 2012	0	947	98.09	2.73	$2,589
Dec 2011	191	981	96.87	3.24	$21,680
Nov 2011	0	1,009	95.72	3.31	$3,341
Oct 2011	0	1,124	84.98	3.65	$4,101
Sep 2011	191	1,359	83.62	3.99	$21,388
Aug 2011	0	534	83.40	4.15	$2,216
Jul 2011	183	978	94.14	4.52	$21,645
Jun 2011	0	1,017	92.90	4.64	$4,719
May 2011	0	1,012	98.13	4.40	$4,458
Apr 2011	194	972	105.96	4.33	$24,768
Mar 2011	0	1,000	96.36	4.06	$4,057
Feb 2011	193	923	85.64	4.18	$20,387
Jan 2011	0	1,071	86.50	4.59	$4,915
Dec 2010	195	1,090	85.73	4.35	$21,456
Nov 2010	0	1,067	80.84	3.80	$4,050
Oct 2010	173	1,238	78.10	3.51	$17,855
Sep 2010	0	1,232	72.63	3.98	$4,903
Aug 2010	193	1,199	73.68	4.42	$19,519
Jul 2010	0	1,226	72.55	4.74	$5,807
Jun 2010	192	1,233	70.36	4.91	$19,564
May 2010	195	1,332	71.12	4.24	$19,510
Apr 2010	0	1,031	81.69	4.12	$4,250
Mar 2010	191	1,263	78.39	4.39	$20,515
Feb 2010	0	1,150	73.58	5.44	$6,259
Jan 2010	196	1,303	74.36	5.96	$22,346
Dec 2009	0	1,317	71.44	5.48	$7,222
Nov 2009	192	1,347	74.59	3.75	$19,375
Oct 2009	0	1,564	72.54	4.11	$6,428
Sep 2009	181	1,520	65.54	3.06	$16,521
Aug 2009	0	1,562	67.42	3.22	$5,027
Jul 2009	191	1,683	61.13	3.46	$17,507
Jun 2009	0	1,616	66.16	3.90	$6,294
May 2009	176	1,692	54.74	3.93	$16,277
Apr 2009	194	1,755	46.77	3.59	$15,369
Mar 2009	0	1,805	42.14	4.06	$7,327
Feb 2009	186	1,642	32.81	4.63	$13,710
Jan 2009	0	1,861	35.86	5.37	$9,995
Dec 2008	195	1,890	37.10	5.98	$18,531
Nov 2008	188	1,987	55.49	6.86	$24,064
Oct 2008	0	1,995	75.24	6.92	$13,809
Sep 2008	174	1,655	101.76	7.88	$30,743
Aug 2008	0	2,101	114.22	8.48	$17,823
Jul 2008	193	2,215	131.08	11.39	$50,526
Jun 2008	193	2,235	131.33	13.03	$54,475
May 2008	0	2,334	123.17	11.57	$27,014
Apr 2008	195	2,318	110.31	10.45	$45,745
Mar 2008	197	2,379	101.90	9.66	$43,065
Feb 2008	197	2,340	92.53	8.77	$38,752
Jan 2008	195	2,658	90.38	8.21	$39,435
Dec 2007	197	2,845	88.33	7.30	$38,175
Nov 2007	0	2,956	91.67	7.29	$21,554
Oct 2007	195	3,289	82.85	6.92	$38,922
Sep 2007	194	3,505	75.84	6.24	$36,599
Aug 2007	385	4,112	69.06	6.39	$52,855
Jul 2007	186	3,795	70.90	6.39	$37,430
Jun 2007	195	3,900	62.00	7.55	$41,529
May 2007	196	1,499	58.74	7.85	$23,275
Apr 2007	198	2,321	59.61	7.81	$29,919
Mar 2007	388	5,196	56.92	7.30	$60,026
Feb 2007	397	3,661	55.10	8.22	$51,953
Jan 2007	184	2,291	50.30	6.73	$24,666
Dec 2006	372	2,982	56.65	6.92	$41,705
Nov 2006	365	3,004	54.20	7.62	$42,666
Oct 2006	185	3,736	54.90	6.01	$32,624
Sep 2006	364	3,706	60.08	5.04	$40,537
Aug 2006	363	3,815	68.71	7.34	$52,944
Jul 2006	364	3,880	69.37	6.34	$49,861
Jun 2006	363	4,103	66.28	6.38	$50,253
May 2006	361	4,443	66.01	6.42	$52,376
Apr 2006	370	4,841	64.39	7.36	$59,456
Mar 2006	550	4,863	56.70	7.08	$65,629
Feb 2006	370	4,574	57.59	7.75	$56,762
Jan 2006	723	6,168	60.59	8.93	$98,907
Dec 2005	741	6,119	54.94	13.42	$122,799
Nov 2005	739	6,977	54.69	10.59	$114,291
Oct 2005	887	7,592	58.34	13.80	$156,485
Sep 2005	704	7,083	61.45	12.08	$128,816
Aug 2005	849	9,660	61.51	9.80	$146,859
Jul 2005	1,257	10,177	55.69	7.84	$149,827
Jun 2005	1,092	9,416	52.33	7.38	$126,644
May 2005	1,273	10,211	45.22	6.65	$125,480
Apr 2005	1,447	8,385	49.20	7.36	$132,910
Mar 2005	1,464	13,482	50.37	7.15	$170,204
Feb 2005	1,584	13,697	45.22	6.31	$158,083
Jan 2005	1,829	17,377	43.16	6.32	$188,801
Dec 2004	2,020	22,678	39.86	6.75	$233,618
Nov 2004	2,296	22,699	45.28	6.33	$247,657
Oct 2004	2,888	27,488	49.70	6.52	$322,621
Sep 2004	3,806	34,158	43.24	5.28	$345,059
Aug 2004	7,276	59,131	42.37	5.55	$636,500
Jul 2004	16,053	64,787	38.28	6.08	$1,008,685
Jun 2004	7,966	9,652	36.10	6.43	$349,664
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	53	0	24.66	3.58	$1,307
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	151	0	32.21	5.66	$4,864
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	36	0	11.74	2.24	$423
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	1	0	14.70	2.15	$15
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	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	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 2022 — as filed, then multipliedworked

Oil                   51 bbl  × $ 76.41 =     $3,897
Casinghead gas         0 Mcf  × $  5.73 =         $0

────────────────────────────────────────────────────
Month total                                   $3,897

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/19171 is the state's own key, not one this site invented.