JOHNSON, C. G. A/C #1

Operated by TEXAS PETROLEUM INVESTMENT CO. (P-5 847710) in the ANAHUAC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 78District 03Field 02468001NGPA filingOilCasinghead gasSaveExport
Value, all time
$21.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$6 k
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 171 leases and 592 wells, and the rule below applies to all of them.

Discovered
1935-11-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 1994-04-11.

The Commission's schedule remark for this field reads: PRORATION. 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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

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.

StreamBasisVolumeValue
OilDisposition396,430 bbl$18,896,474
Casinghead gasProduction540,752 Mcf$2,070,096
Total$20,966,570

92,796 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 (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 29.7930, -94.5497. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles. 3 wells have no surveyed location and are left out of it.

29.79341, -94.54894 · centre of 31 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
88.2%
30 of 34 wells
With a plug date
67.6%
23 of 34 wells
Median depth
7,100 ft
29 wells filed one
Completion to plug
5.3 years
median over 11 wells

What the state filed about each well

On the RRC proration schedule
3088.2%
A plug date is filed
2367.6%
BothOn the schedule and plugged. Neither fact cancels the other.
2367.6%
NeitherNo plug date, and not on the schedule.
411.8%

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, 29 of 34 wells. Median 7,100 ft, with the middle half between 7,085 and 7,180 ft; the shallowest is 2,010 ft and the deepest 10,340 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, 17 of 34 wells, Feb 1975 – Sep 1993. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1975 – Sep 1993
17 of 34 wells; 17 filed none
Plug dates filed
Apr 1979 – Feb 1995
23 of 34 wells; 11 filed none

Last completion to plug: a median of 5.3 years across the 11 wells that filed both dates, with the middle half between 3.7 years and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

34 wells

42-0710159836Yes
42-0710159967,087 ftApr 1984Yes
42-0710160278,000 ftAug 1980Yes
42-071016039Yes
42-07101605167,115 ftNov 1980Yes
42-07101608207,090 ftSep 1987Yes
42-07101610152,010 ftJun 1992Yes
42-07101611142,134 ftFeb 1989Yes
42-071016148Yes
42-07101621307,085 ftOct 1985Yes
42-0710162317,085 ftJun 1983Yes
42-07101626137,024 ftApr 1986Yes
42-07101627317,177 ftApr 1980Yes
42-0718058547,100 ftApr 1979Yes
42-0718059416DYes
42-0718060540Yes
42-0718198615D2,010 ftMay 1979Yes
42-07131437567,286 ftSep 1993
42-07130138467,211 ftMay 1991Feb 1995Yes
42-07130335527,120 ftAug 1987
42-071016124310,340 ftJul 1987Jan 1995Yes
42-07130199477,200 ftJul 1987Nov 1994Yes
42-07131341557,200 ftMar 1987
42-07101604107,110 ftJul 1986Jun 1991Yes
42-07101615117,080 ftMay 1986Aug 1991Yes
42-07101619227,085 ftApr 1986Dec 1987Yes
42-07101620197,085 ftSep 1985Oct 1991Yes
42-0710161312 T7,080 ftJul 1985Aug 1987Yes
42-07131496577,100 ftFeb 1984
42-0710162517D7,135 ftFeb 1983Aug 1986Yes
42-07101609217,095 ftOct 1980Yes
42-07101618327,180 ftJun 1979Aug 1986Yes
42-07130389537,242 ftMar 1978Yes
42-07101607277,100 ftFeb 1975Dec 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202591066.483.13$6,050
May 20255060.553.23$303
Apr 20258838662.363.54$6,855
Mar 202541297567.704.27$32,054
Feb 20253341,24170.884.34$29,061
Jan 20254061,31674.324.28$35,805
Dec 20244121,28168.993.12$32,422
Nov 202440784669.052.20$29,963
Oct 202440280571.372.28$30,527
Sep 202442066969.612.36$30,818
Aug 202440852975.632.06$31,949
Jul 202433450979.932.15$27,789
Jun 202441167878.082.63$33,877
May 202436973378.812.20$30,692
Apr 202441483184.451.66$36,341
Mar 20244051,04880.301.55$34,141
Feb 202443599076.091.78$34,865
Jan 20244481,11373.023.30$36,383
Dec 20235051,14371.262.61$38,970
Nov 202326854277.892.81$22,396
Oct 202341471085.443.09$37,564
Sep 202341046389.042.74$37,773
Aug 202351747480.522.67$42,896
Jul 202339744074.852.64$30,878
Jun 202331955268.962.26$23,245
May 202351492270.622.23$38,352
Apr 202337895278.122.24$31,660
Mar 20235281,21472.852.39$41,370
Feb 202310135875.112.47$8,469
Jan 202343960276.533.39$35,636
Dec 202235668476.415.73$31,121
Nov 202247777785.005.65$44,932
Oct 202252749687.185.86$48,852
Sep 202230119884.888.16$27,165
Aug 202236615294.529.13$35,982
Jul 2022431189101.587.54$45,206
Jun 2022508294115.097.98$60,811
May 2022418498109.378.43$49,916
Apr 2022349542104.226.84$40,079
Mar 2022397930108.885.08$47,946
Feb 20224771,03291.054.86$48,445
Jan 202246393781.844.54$42,144
Dec 202144048771.323.90$33,280
Nov 202149152477.435.24$40,762
Oct 202144439479.795.71$37,678
Sep 202180427669.865.35$57,644
Aug 20218458966.024.22$56,163
Jul 202152710170.783.98$37,703
Jun 202185766769.493.38$61,808
May 202184989563.483.02$56,595
Apr 20218511,09760.362.76$54,392
Mar 202193756361.302.72$58,968
Feb 202150633557.805.55$31,105
Jan 2021342050.412.81$17,240
Dec 2020344044.642.68$15,356
Nov 2020341038.772.71$13,221
Oct 2020342036.972.48$12,644
Sep 20203394037.091.99$12,653
Aug 202068418239.982.39$27,780
Jul 202051130238.371.83$20,158
Jun 20205115134.901.69$17,920
May 202051463116.921.81$9,842
Apr 202068684714.751.80$11,647
Mar 20208411,46230.341.86$28,230
Feb 20208551,47149.881.98$45,561
Jan 20208621,55257.252.09$52,601
Dec 20198581,23359.012.30$53,472
Nov 201984683955.302.75$49,092
Oct 201985428453.472.42$46,350
Sep 201951224555.052.66$28,837
Aug 20191,03146553.112.30$55,828
Jul 201985640256.272.46$49,156
Jun 201969340352.782.49$37,580
May 20191721958.482.74$10,111
Apr 201934513462.632.75$21,976
Mar 201934113356.803.06$19,776
Feb 201968750150.852.79$36,333
Jan 201969564646.033.23$34,076
Dec 201884467246.594.19$42,135
Nov 201885465652.934.24$47,982
Oct 201869349661.443.40$44,263
Sep 201886147559.543.11$52,740
Aug 201885853859.403.07$52,615
Jul 201869646865.142.93$46,710
Jun 201868261060.183.08$42,920
May 201886364265.382.90$58,285
Apr 201867855563.842.90$44,893
Mar 201884865461.222.79$53,737
Feb 201818116061.782.77$11,625
Jan 201840941562.874.01$27,378
Dec 20171,03262857.272.92$60,937
Nov 201769255455.423.12$40,078
Oct 201778453149.292.98$40,228
Sep 201752045647.523.09$26,118
Aug 201786352045.373.00$40,717
Jul 201786569243.873.09$40,084
Jun 201785773942.493.09$38,695
May 201786675345.373.26$41,748
Apr 201769684147.933.21$36,060
Mar 201786777046.772.98$42,847
Feb 201770487450.452.95$38,097
Jan 201786692749.413.42$45,958
Dec 201687771448.763.72$45,421
Nov 201687860442.492.64$38,903
Oct 201686667246.193.09$42,077
Sep 201686755241.553.10$37,735
Aug 201687052141.442.92$37,576
Jul 20161,0311,14241.622.92$46,250
Jun 201686193045.352.69$41,544
May 20168581,14142.521.99$38,754
Apr 20166841,62436.561.99$28,240
Mar 20161,0142,19433.011.79$37,408
Feb 20166341,69626.472.06$20,282
Jan 20169851,94827.352.36$31,546
Dec 20158141,89832.362.00$30,140
Nov 20159241,26938.792.17$38,592
Oct 201594874043.552.43$43,081
Sep 201589555242.992.76$39,999
Aug 20151,07168440.162.87$44,976
Jul 20151,08692248.152.95$55,006
Jun 201594577756.152.88$55,302
May 20158601,48955.212.96$51,881
Apr 201552751849.822.71$27,657
Mar 20151,0431,62142.892.93$49,491
Feb 20151,0091,83144.662.98$50,511
Jan 20159101,86343.433.10$45,298
Dec 20141,0131,89554.693.59$62,207
Nov 20141,0051,37270.464.25$76,646
Oct 20148651,15978.303.90$72,251
Sep 20141,13897886.164.05$102,007
Aug 201496765189.394.04$89,067
Jul 201497681296.564.18$97,636
Jun 201497582598.164.74$99,614
May 20149891,18394.734.73$99,279
Apr 20148711,28795.944.81$89,753
Mar 20141,0971,65595.895.06$113,560
Feb 20148981,55397.406.19$97,081
Jan 20141,1451,75190.404.86$112,019
Dec 20138881,48191.824.35$87,985
Nov 20131,0111,14288.853.74$94,096
Oct 20131,05780497.423.78$106,012
Sep 20131,219643104.113.72$129,301
Aug 20131,060675104.253.52$112,883
Jul 20131,073813102.523.72$113,026
Jun 20131,03386794.403.93$100,925
May 20131,0461,37794.834.15$104,905
Apr 20131,0831,16993.964.28$106,765
Mar 20131,0312,25993.623.91$105,361
Feb 20138981,28491.233.42$86,316
Jan 201353287291.603.42$51,713
Dec 20121,0271,31186.773.42$93,597
Nov 20129991,16686.953.62$91,090
Oct 20121,0351,17189.383.40$96,489
Sep 20121,01272294.672.92$97,913
Aug 20121,14164692.662.91$107,604
Jul 20121,14382585.133.02$99,796
Jun 20121,09788679.822.52$89,794
May 20121,29696391.612.49$121,123
Apr 20128641,162101.652.00$90,146
Mar 20121,1921,139105.052.22$127,751
Feb 20121,1632,178101.102.57$123,177
Jan 20121,3662,36798.092.73$140,463
Dec 20111,1121,59196.873.24$112,874
Nov 20111,1121,87295.723.31$112,639
Oct 20119251,25984.983.65$83,200
Sep 2011668083.623.99$55,858
Aug 20115521,02283.404.15$50,277
Jul 201185181194.144.52$83,777
Jun 20111,0751,07192.904.64$104,837
May 20111,1241,58198.134.40$117,262
Apr 20111,2631,946105.964.33$142,260
Mar 20111,2422,46996.364.06$129,697
Feb 20111,0592,76185.644.18$102,234
Jan 20111,1793,03286.504.59$115,897
Dec 20101,0692,94585.734.35$104,449
Nov 20101,2172,72880.843.80$108,736
Oct 20101,1682,90378.103.51$101,407
Sep 20101,0502,65872.633.98$86,839
Aug 20101,3332,62073.684.42$109,794
Jul 20101,2172,30072.554.74$99,187
Jun 20101,1802,04270.364.91$93,052
May 20109121,86671.124.24$72,764
Apr 20101,1962,63081.694.12$108,544
Mar 20101,3023,17478.394.39$115,993
Feb 20101,1292,85773.585.44$98,621
Jan 20101,3772,40674.365.96$116,743
Dec 20091,2032,53771.445.48$99,855
Nov 20091,1581,75474.593.75$92,955
Oct 20097341,20172.544.11$58,181
Sep 20099111,07965.543.06$63,014
Aug 20091,15884467.423.22$80,789
Jul 20091,05780261.133.46$67,393
Jun 20091,30573666.163.90$89,206
May 20091,23366854.743.93$70,117
Apr 20091,05050746.773.59$50,927
Mar 20091,28244642.144.06$55,834
Feb 20091,0901,17032.814.63$41,184
Jan 20091,12291535.865.37$45,149
Dec 20081,4212,64837.105.98$68,547
Nov 20081,3012,29555.496.86$87,937
Oct 200862698075.246.92$53,884
Sep 2008769788101.767.88$84,461
Aug 20081,2601,648114.228.48$157,897
Jul 20081,3061,825131.0811.39$191,976
Jun 20081,1571,986131.3313.03$177,832
May 20081,4561,544123.1711.57$197,206
Apr 20081,2631,619110.3110.45$156,248
Mar 20081,2432,035101.909.66$146,328
Feb 20081,1741,85392.538.77$124,882
Jan 20081,4162,46290.388.21$148,181
Dec 20071,2531,94988.337.30$124,909
Nov 20071,2902,07691.677.29$133,392
Oct 20071,5441,86582.856.92$140,830
Sep 20071,5191,89775.846.24$127,046
Aug 20071,5881,18369.066.39$117,224
Jul 20071,6171,82070.906.39$126,271
Jun 20071,4041,62962.007.55$99,344
May 20071,4321,75058.747.85$97,847
Apr 20071,3862,58859.617.81$102,819
Mar 20071,4282,80056.927.30$101,727
Feb 20071,3043,58555.108.22$101,305
Jan 20071,3172,82550.306.73$85,248
Dec 20061,0542,89156.656.92$79,710
Nov 20061,3574,25854.207.62$105,985
Oct 20061,4502,40154.906.01$94,044
Sep 20061,4881,44460.085.04$96,673
Aug 20061,5012,77968.717.34$123,531
Jul 20061,5592,94069.376.34$126,796
Jun 20061,3231,60266.286.38$97,915
May 20061,3251,47066.016.42$96,908
Apr 20061,7311,59064.397.36$123,162
Mar 20061,5032,13156.707.08$100,314
Feb 20061,0651,43857.597.75$72,479
Jan 20061,2791,84660.598.93$93,986
Dec 20051,10492954.9413.42$73,117
Nov 20059812,30554.6910.59$78,057
Oct 200590347658.3413.80$59,248
Sep 200568969461.4512.08$50,722
Aug 200589851361.519.80$60,262
Jul 20051,29339055.697.84$75,066
Jun 20051,32134952.337.38$71,704
May 20051,27652645.226.65$61,199
Apr 20051,0271,33349.207.36$60,340
Mar 20051,0803,29450.377.15$77,968
Feb 20057681,49045.226.31$44,134
Jan 20058231,33043.166.32$43,929
Dec 20041,2091,04439.866.75$55,239
Nov 20041,41598945.286.33$70,332
Oct 20041,3813,73749.706.52$92,983
Sep 20041,5723,46743.245.28$86,293
Aug 20041,3623,41042.375.55$76,636
Jul 20041,3433,29838.286.08$71,476
Jun 20041,2533,09236.106.43$65,124
May 20041,4022,62137.486.49$69,569
Apr 20041,5112,47534.475.86$66,584
Mar 20041,4622,47134.365.53$63,899
Feb 20047651,89432.455.51$35,259
Jan 20041,2693,98232.036.30$65,731
Dec 20035064,45230.266.30$43,366
Nov 20032,3483,82828.804.60$85,213
Oct 20038176,13628.174.76$52,220
Sep 20038758,58026.314.75$63,771
Aug 20031,5755,43529.765.13$74,752
Jul 200350116729.415.17$15,598
Jun 20031,4752,76628.565.98$58,675
May 200372680426.595.97$24,106
Apr 20031,2101,50226.675.41$40,392
Mar 20031,7381,64431.146.10$64,143
Feb 20031,75792633.487.93$66,164
Jan 20031,93428530.315.58$60,210
Dec 20021,4551,25326.914.85$45,236
Nov 20028861,98224.664.14$30,048
Oct 20021,7311,03526.464.23$50,179
Sep 20026693,04827.443.64$29,437
Aug 20029051,65325.963.16$28,724
Jul 20021,3711,59124.583.06$38,570
Jun 20021,06071823.733.34$27,551
May 200263167024.663.58$17,962
Apr 200243196623.653.51$13,586
Mar 2002130422.003.10$2,872
Feb 200216525918.222.38$3,622
Jan 20023746217.172.38$6,569
Dec 200158027516.932.36$10,470
Nov 200141893418.072.41$9,800
Oct 20011,2405,86519.782.53$39,359
Sep 20011,3101,78924.262.25$35,808
Aug 20011,13813824.873.05$28,723
Jul 20018551,39423.933.20$24,917
Jun 2001472024.563.82$11,592
May 20011,00339325.524.31$27,289
Apr 20011,4467424.685.34$36,082
Mar 20011,2704,88024.545.38$57,403
Feb 200187329927.755.77$25,950
Jan 2001174027.478.40$4,780
Dec 200041149926.889.12$15,600
Nov 200076043132.215.66$26,918
Oct 20001,2272,65231.235.15$51,965
Sep 20001,0641,37231.875.19$41,026
Aug 200084457329.644.54$27,618
Jul 20001,04189628.534.09$33,364
Jun 20001,0592,06329.304.40$40,100
May 20006171,82627.263.68$23,539
Apr 20006151,52624.513.12$19,829
Mar 20009281,41228.422.86$30,412
Feb 20005721,42927.622.73$19,695
Jan 200082290725.272.48$23,022
Dec 199973425024.282.42$18,427
Nov 199995097323.192.43$24,399
Oct 19995741,20220.982.80$15,413
Sep 19993231,10021.752.62$9,906
Aug 19991,3071,77519.262.88$30,277
Jul 19995201,88417.892.37$13,772
Jun 19991,00679215.942.36$17,906
May 19995741,04615.792.32$11,491
Apr 19991,2402,10915.102.21$23,381
Mar 19991,18277212.471.84$16,159
Feb 19994009.981.82$399
Jan 19991661,56310.381.90$4,693
Dec 19987776599.201.77$8,317
Nov 199823613710.892.19$2,869
Oct 19981,5422,61912.421.97$24,309
Sep 19981,0631,97612.592.08$17,498
Aug 19989531,75011.301.91$14,107
Jul 19981,1922,05711.742.24$18,596
Jun 19981,68340211.242.24$19,816
May 199880664212.622.21$11,588
Apr 19981,57883713.042.51$22,674
Mar 19981,0611,26112.802.31$16,493
Feb 19981,4581,68513.952.30$24,213
Jan 19981,7071,47714.702.15$28,276
Dec 19971,38289516.322.41$24,712
Nov 19971,66137518.193.09$31,372
Oct 19971,8492,21219.253.15$42,561
Sep 19972,2123,15817.742.95$48,572
Aug 19971,7772,52217.862.55$38,180
Jul 19972,1192,94117.582.25$43,860
Jun 19976262,64417.242.26$16,760
May 19971,61132618.972.31$31,313
Apr 19971,8001,07217.882.08$34,417
Mar 19971,93273818.951.94$38,042
Feb 19971,4483,58720.492.21$37,582
Jan 19973091,48123.483.54$12,498
Dec 19961,46562323.32$34,164
Nov 19961,7981,10521.97$39,502
Oct 19962,0201,64823.31$47,086
Sep 19962,08434622.22$46,306
Aug 19961,48616820.26$30,106
Jul 19961,70324819.55$33,294
Jun 19961,62728818.73$30,474
May 19962,2761,61419.43$44,223
Apr 19961,6781,68321.51$36,094
Mar 19962,1803,78219.38$42,248
Feb 19961,3871,01016.98$23,551
Jan 19961,9653,95817.07$33,543
Dec 19951,66132917.19$28,553
Nov 19951,6282,35516.00$26,048
Oct 19951,7493,49315.43$26,987
Sep 19951,8141,56716.18$29,351
Aug 19951,4661,90615.92$23,339
Jul 19951,9097,12715.24$29,093
Jun 19951,6533,44116.41$27,126
May 19951,8361,95417.56$32,240
Apr 19951,7421,55117.73$30,886
Mar 19951,3001,59316.44$21,372
Feb 199536851216.58$6,101
Jan 19951,5012,10515.92$23,896
Dec 19941,5262,33515.03$22,936
Nov 19941,5712,22515.90$24,979
Oct 19941,4441,80315.58$22,498
Sep 19941,3422,29215.29$20,519
Aug 19949661,21516.13$15,582
Jul 19941,5334,49017.56$26,919
Jun 19941,5081,34117.09$25,772
May 19941,5311,47015.88$24,312
Apr 19941,4721,61414.14$20,814
Mar 19941,5021,86312.46$18,715
Feb 19941,5441,60012.50$19,300
Jan 19941,5121,69412.66$19,142
Dec 19931,4511,86912.33$17,891
Nov 19931,5161,80414.49$21,967
Oct 19931,5761,81415.85$24,980
Sep 19931,6721,86015.03$25,130
Aug 19931,7092,19715.66$26,763
Jul 19931,6391,75815.46$25,339
Jun 19931,7171,84316.79$28,828
May 19931,7282,33017.68$30,551
Apr 19931,6972,32018.05$30,631
Mar 19931,7571,92518.14$31,872
Feb 19931,7422,16317.90$31,182
Jan 19931,8262,56516.93$30,914

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.

Jun 2025 — as filed, then multipliedworked
Oil                   91 bbl  × $ 66.48 =     $6,050
Casinghead gas         0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                   $6,050

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/78 is the state's own key, not one this site invented.