SANDER, A. A.

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

Operated by ENHANCED ENERGY PARTNERS CORP (P-5 252470) in the RACCOON BEND (MIOCENE Y) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8861District 03Field 74106520NGPA filingOilCasinghead gasSave Export

Value, all time

$2.3 M

Jan 1993 – Oct 2021

Value, last 12 filed months

$20 k

at the published price for each month

Months reported

346

no gaps in the span

Streams

oil, casinghead gas

The RACCOON BEND (MIOCENE Y) 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 21 leases and 39 wells, and the rule below applies to all of them.

Discovered

1958-08-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1974-11-08.

The Commission's schedule remark for this field reads: “12/08/20.”

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	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
Oil	Disposition	52,983 bbl	$2,183,190
Casinghead gas	Production	37,252 Mcf	$117,303
Total			$2,300,492

2,545 Mcf of this lease's gas, across 41 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 (5)

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 29.9964, -96.1285. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.99676, -96.12879 · 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%

5 of 5 wells

With a plug date

60.0%

3 of 5 wells

Median depth

3,100 ft

5 wells filed one

Completion to plug

13.4 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

5100.0%

A plug date is filed

360.0%

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

360.0%

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

Between 2,354 and 4,420 ft, median 3,100 ft, over the 5 wells that filed a depth.

Completions filed

Jul 1978 – Sep 2014

4 of 5 wells; 1 filed none

Plug dates filed

Oct 1989 – Oct 2004

3 of 5 wells; 2 filed none

Last completion to plug: a median of 13.4 years across the 2 wells that filed both dates, with the middle half between 12.0 years and 14.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells


42-01500330	8	4,420 ft	—	Oct 1989	Yes
42-01500329	6	3,500 ft	Sep 2014	—	Yes
42-01530549	16	2,354 ft	Sep 1988	Oct 2004	Yes
42-01500333	11 T	2,651 ft	Jun 1980	Feb 1991	Yes
42-01500332	10 D	3,100 ft	Jul 1978	—	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 (346)

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

346 months


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	201	73	44.64	2.68	$9,168
Nov 2020	263	102	38.77	2.71	$10,473
Oct 2020	217	70	36.97	2.48	$8,196
Sep 2020	136	33	37.09	1.99	$5,110
Aug 2020	100	68	39.98	2.39	$4,160
Jul 2020	79	38	38.37	1.83	$3,101
Jun 2020	57	12	34.90	1.69	$2,010
May 2020	48	26	16.92	1.81	$859
Apr 2020	283	260	14.75	1.80	$4,643
Mar 2020	268	82	30.34	1.86	$8,283
Feb 2020	208	428	49.88	1.98	$11,223
Jan 2020	204	212	57.25	2.09	$12,123
Dec 2019	180	236	59.01	2.30	$11,166
Nov 2019	211	196	55.30	2.75	$12,207
Oct 2019	224	154	53.47	2.42	$12,350
Sep 2019	177	136	55.05	2.66	$10,105
Aug 2019	211	186	53.11	2.30	$11,635
Jul 2019	238	188	56.27	2.46	$13,855
Jun 2019	221	130	52.78	2.49	$11,988
May 2019	259	59	58.48	2.74	$15,308
Apr 2019	323	60	62.63	2.75	$20,395
Mar 2019	232	322	56.80	3.06	$14,164
Feb 2019	160	157	50.85	2.79	$8,574
Jan 2019	84	100	46.03	3.23	$4,189
Dec 2018	128	70	46.59	4.19	$6,257
Nov 2018	52	40	52.93	4.24	$2,922
Oct 2018	79	35	61.44	3.40	$4,973
Sep 2018	79	21	59.54	3.11	$4,769
Aug 2018	70	53	59.40	3.07	$4,321
Jul 2018	48	45	65.14	2.93	$3,259
Jun 2018	48	56	60.18	3.08	$3,061
May 2018	64	28	65.38	2.90	$4,266
Apr 2018	42	17	63.84	2.90	$2,731
Mar 2018	33	9	61.22	2.79	$2,045
Feb 2018	69	15	61.78	2.77	$4,304
Jan 2018	70	42	62.87	4.01	$4,569
Dec 2017	46	23	57.27	2.92	$2,702
Nov 2017	78	32	55.42	3.12	$4,423
Oct 2017	72	35	49.29	2.98	$3,653
Sep 2017	64	25	47.52	3.09	$3,118
Aug 2017	153	33	45.37	3.00	$7,041
Jul 2017	65	14	43.87	3.09	$2,895
Jun 2017	63	17	42.49	3.09	$2,729
May 2017	106	22	45.37	3.26	$4,881
Apr 2017	74	17	47.93	3.21	$3,601
Mar 2017	78	8	46.77	2.98	$3,672
Feb 2017	111	6	50.45	2.95	$5,618
Jan 2017	72	28	49.41	3.42	$3,653
Dec 2016	67	25	48.76	3.72	$3,360
Nov 2016	46	18	42.49	2.64	$2,002
Oct 2016	33	7	46.19	3.09	$1,546
Sep 2016	55	1	41.55	3.10	$2,288
Aug 2016	40	3	41.44	2.92	$1,666
Jul 2016	66	9	41.62	2.92	$2,773
Jun 2016	94	14	45.35	2.69	$4,301
May 2016	75	19	42.52	1.99	$3,227
Apr 2016	91	22	36.56	1.99	$3,371
Mar 2016	97	30	33.01	1.79	$3,256
Feb 2016	94	5	26.47	2.06	$2,499
Jan 2016	161	19	27.35	2.36	$4,448
Dec 2015	62	32	32.36	2.00	$2,070
Nov 2015	233	31	38.79	2.17	$9,105
Oct 2015	73	26	43.55	2.43	$3,242
Sep 2015	46	25	42.99	2.76	$2,047
Aug 2015	130	22	40.16	2.87	$5,284
Jul 2015	73	32	48.15	2.95	$3,609
Jun 2015	157	30	56.15	2.88	$8,902
May 2015	180	18	55.21	2.96	$9,991
Apr 2015	164	16	49.82	2.71	$8,214
Mar 2015	171	25	42.89	2.93	$7,408
Feb 2015	79	10	44.66	2.98	$3,558
Jan 2015	69	10	43.43	3.10	$3,028
Dec 2014	152	5	54.69	3.59	$8,331
Nov 2014	162	11	70.46	4.25	$11,461
Oct 2014	218	61	78.30	3.90	$17,307
Sep 2014	82	60	86.16	4.05	$7,308
Aug 2014	38	62	89.39	4.04	$3,647
Jul 2014	35	62	96.56	4.18	$3,639
Jun 2014	37	57	98.16	4.74	$3,902
May 2014	34	29	94.73	4.73	$3,358
Apr 2014	21	5	95.94	4.81	$2,039
Mar 2014	83	51	95.89	5.06	$8,217
Feb 2014	86	37	97.40	6.19	$8,606
Jan 2014	176	45	90.40	4.86	$16,129
Dec 2013	115	0	91.82	4.35	$10,559
Nov 2013	117	0	88.85	3.74	$10,395
Oct 2013	83	0	97.42	3.78	$8,086
Sep 2013	88	0	104.11	3.72	$9,162
Aug 2013	136	0	104.25	3.52	$14,178
Jul 2013	55	0	102.52	3.72	$5,639
Jun 2013	42	0	94.40	3.93	$3,965
May 2013	46	0	94.83	4.15	$4,362
Apr 2013	13	0	93.96	4.28	$1,221
Mar 2013	17	0	93.62	3.91	$1,592
Feb 2013	21	0	91.23	3.42	$1,916
Jan 2013	23	0	91.60	3.42	$2,107
Dec 2012	16	0	86.77	3.42	$1,388
Nov 2012	19	0	86.95	3.62	$1,652
Oct 2012	40	0	89.38	3.40	$3,575
Sep 2012	6	0	94.67	2.92	$568
Aug 2012	11	0	92.66	2.91	$1,019
Jul 2012	9	0	85.13	3.02	$766
Jun 2012	21	0	79.82	2.52	$1,676
May 2012	36	0	91.61	2.49	$3,298
Apr 2012	55	0	101.65	2.00	$5,591
Mar 2012	65	0	105.05	2.22	$6,828
Feb 2012	50	0	101.10	2.57	$5,055
Jan 2012	60	0	98.09	2.73	$5,885
Dec 2011	62	0	96.87	3.24	$6,006
Nov 2011	59	0	95.72	3.31	$5,647
Oct 2011	63	0	84.98	3.65	$5,354
Sep 2011	55	0	83.62	3.99	$4,599
Aug 2011	70	0	83.40	4.15	$5,838
Jul 2011	61	0	94.14	4.52	$5,743
Jun 2011	3	0	92.90	4.64	$279
May 2011	4	0	98.13	4.40	$393
Apr 2011	6	0	105.96	4.33	$636
Mar 2011	8	0	96.36	4.06	$771
Feb 2011	2	0	85.64	4.18	$171
Jan 2011	5	0	86.50	4.59	$433
Dec 2010	3	0	85.73	4.35	$257
Nov 2010	4	0	80.84	3.80	$323
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	9	0	73.68	4.42	$663
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	3	0	70.36	4.91	$211
May 2010	15	0	71.12	4.24	$1,067
Apr 2010	8	0	81.69	4.12	$654
Mar 2010	4	0	78.39	4.39	$314
Feb 2010	19	0	73.58	5.44	$1,398
Jan 2010	4	0	74.36	5.96	$297
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	4	0	72.54	4.11	$290
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	7	0	67.42	3.22	$472
Jul 2009	12	0	61.13	3.46	$734
Jun 2009	17	0	66.16	3.90	$1,125
May 2009	45	0	54.74	3.93	$2,463
Apr 2009	14	0	46.77	3.59	$655
Mar 2009	9	0	42.14	4.06	$379
Feb 2009	1	0	32.81	4.63	$33
Jan 2009	3	0	35.86	5.37	$108
Dec 2008	14	0	37.10	5.98	$519
Nov 2008	47	0	55.49	6.86	$2,608
Oct 2008	76	0	75.24	6.92	$5,718
Sep 2008	121	0	101.76	7.88	$12,313
Aug 2008	178	0	114.22	8.48	$20,331
Jul 2008	207	0	131.08	11.39	$27,134
Jun 2008	57	0	131.33	13.03	$7,486
May 2008	184	0	123.17	11.57	$22,663
Apr 2008	127	0	110.31	10.45	$14,009
Mar 2008	208	0	101.90	9.66	$21,195
Feb 2008	229	0	92.53	8.77	$21,189
Jan 2008	294	0	90.38	8.21	$26,572
Dec 2007	329	0	88.33	7.30	$29,061
Nov 2007	278	0	91.67	7.29	$25,484
Oct 2007	313	0	82.85	6.92	$25,932
Sep 2007	292	30	75.84	6.24	$22,333
Aug 2007	292	31	69.06	6.39	$20,364
Jul 2007	267	30	70.90	6.39	$19,122
Jun 2007	317	30	62.00	7.55	$19,880
May 2007	308	31	58.74	7.85	$18,335
Apr 2007	271	31	59.61	7.81	$16,396
Mar 2007	292	31	56.92	7.30	$16,847
Feb 2007	191	18	55.10	8.22	$10,672
Jan 2007	156	10	50.30	6.73	$7,914
Dec 2006	298	31	56.65	6.92	$17,096
Nov 2006	268	28	54.20	7.62	$14,739
Oct 2006	270	28	54.90	6.01	$14,991
Sep 2006	324	29	60.08	5.04	$19,612
Aug 2006	316	30	68.71	7.34	$21,933
Jul 2006	499	34	69.37	6.34	$34,831
Jun 2006	353	3	66.28	6.38	$23,416
May 2006	461	6	66.01	6.42	$30,469
Apr 2006	414	6	64.39	7.36	$26,702
Mar 2006	461	6	56.70	7.08	$26,181
Feb 2006	310	6	57.59	7.75	$17,899
Jan 2006	416	6	60.59	8.93	$25,259
Dec 2005	347	28	54.94	13.42	$19,440
Nov 2005	255	37	54.69	10.59	$14,338
Oct 2005	304	0	58.34	13.80	$17,735
Sep 2005	245	19	61.45	12.08	$15,285
Aug 2005	217	29	61.51	9.80	$13,632
Jul 2005	284	42	55.69	7.84	$16,145
Jun 2005	336	51	52.33	7.38	$17,959
May 2005	281	22	45.22	6.65	$12,853
Apr 2005	400	69	49.20	7.36	$20,188
Mar 2005	369	71	50.37	7.15	$19,095
Feb 2005	406	67	45.22	6.31	$18,782
Jan 2005	409	43	43.16	6.32	$17,924
Dec 2004	416	25	39.86	6.75	$16,751
Nov 2004	409	29	45.28	6.33	$18,703
Oct 2004	433	36	49.70	6.52	$21,755
Sep 2004	422	30	43.24	5.28	$18,406
Aug 2004	531	37	42.37	5.55	$22,704
Jul 2004	527	43	38.28	6.08	$20,435
Jun 2004	550	42	36.10	6.43	$20,125
May 2004	600	54	37.48	6.49	$22,839
Apr 2004	664	435	34.47	5.86	$25,437
Mar 2004	316	52	34.36	5.53	$11,145
Feb 2004	223	4,474	32.45	5.51	$31,886
Jan 2004	283	46	32.03	6.30	$9,354
Dec 2003	144	9	30.26	6.30	$4,414
Nov 2003	137	0	28.80	4.60	$3,946
Oct 2003	174	812	28.17	4.76	$8,766
Sep 2003	184	671	26.31	4.75	$8,028
Aug 2003	189	690	29.76	5.13	$9,164
Jul 2003	93	505	29.41	5.17	$5,346
Jun 2003	50	28	28.56	5.98	$1,596
May 2003	78	0	26.59	5.97	$2,074
Apr 2003	88	0	26.67	5.41	$2,347
Mar 2003	140	58	31.14	6.10	$4,713
Feb 2003	160	0	33.48	7.93	$5,357
Jan 2003	199	10	30.31	5.58	$6,088
Dec 2002	205	22	26.91	4.85	$5,623
Nov 2002	210	0	24.66	4.14	$5,179
Oct 2002	209	0	26.46	4.23	$5,530
Sep 2002	209	0	27.44	3.64	$5,735
Aug 2002	161	139	25.96	3.16	$4,619
Jul 2002	250	505	24.58	3.06	$7,691
Jun 2002	236	48	23.73	3.34	$5,761
May 2002	296	0	24.66	3.58	$7,299
Apr 2002	134	79	23.65	3.51	$3,447
Mar 2002	92	0	22.00	3.10	$2,024
Feb 2002	107	0	18.22	2.38	$1,950
Jan 2002	158	60	17.17	2.38	$2,855
Dec 2001	288	39	16.93	2.36	$4,968
Nov 2001	273	42	18.07	2.41	$5,034
Oct 2001	115	36	19.78	2.53	$2,366
Sep 2001	146	0	24.26	2.25	$3,542
Aug 2001	164	0	24.87	3.05	$4,079
Jul 2001	228	389	23.93	3.20	$6,700
Jun 2001	186	332	24.56	3.82	$5,838
May 2001	328	333	25.52	4.31	$9,805
Apr 2001	115	206	24.68	5.34	$3,937
Mar 2001	15	5	24.54	5.38	$395
Feb 2001	49	15	27.75	5.77	$1,446
Jan 2001	8	72	27.47	8.40	$824
Dec 2000	49	101	26.88	9.12	$2,238
Nov 2000	48	143	32.21	5.66	$2,355
Oct 2000	29	51	31.23	5.15	$1,168
Sep 2000	14	22	31.87	5.19	$560
Aug 2000	8	12	29.64	4.54	$292
Jul 2000	21	28	28.53	4.09	$714
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	2	1	28.42	2.86	$60
Feb 2000	1	6	27.62	2.73	$44
Jan 2000	9	22	25.27	2.48	$282
Dec 1999	10	19	24.28	2.42	$289
Nov 1999	76	340	23.19	2.43	$2,590
Oct 1999	79	732	20.98	2.80	$3,710
Sep 1999	54	243	21.75	2.62	$1,811
Aug 1999	54	174	19.26	2.88	$1,540
Jul 1999	132	3,585	17.89	2.37	$10,866
Jun 1999	149	4,068	15.94	2.36	$11,984
May 1999	168	252	15.79	2.32	$3,238
Apr 1999	216	337	15.10	2.21	$4,006
Mar 1999	280	87	12.47	1.84	$3,652
Feb 1999	185	169	9.98	1.82	$2,154
Jan 1999	169	59	10.38	1.90	$1,866
Dec 1998	152	177	9.20	1.77	$1,712
Nov 1998	206	937	10.89	2.19	$4,291
Oct 1998	182	8	12.42	1.97	$2,276
Sep 1998	160	0	12.59	2.08	$2,014
Aug 1998	158	72	11.30	1.91	$1,923
Jul 1998	142	0	11.74	2.24	$1,667
Jun 1998	150	0	11.24	2.24	$1,686
May 1998	110	298	12.62	2.21	$2,046
Apr 1998	43	167	13.04	2.51	$979
Mar 1998	143	4,797	12.80	2.31	$12,909
Feb 1998	78	675	13.95	2.30	$2,640
Jan 1998	169	0	14.70	2.15	$2,484
Dec 1997	141	0	16.32	2.41	$2,301
Nov 1997	126	0	18.19	3.09	$2,292
Oct 1997	183	0	19.25	3.15	$3,523
Sep 1997	113	0	17.74	2.95	$2,005
Aug 1997	157	0	17.86	2.55	$2,804
Jul 1997	184	0	17.58	2.25	$3,235
Jun 1997	91	176	17.24	2.26	$1,966
May 1997	258	203	18.97	2.31	$5,363
Apr 1997	132	125	17.88	2.08	$2,621
Mar 1997	603	195	18.95	1.94	$11,805
Feb 1997	230	121	20.49	2.21	$4,980
Jan 1997	240	11	23.48	3.54	$5,674
Dec 1996	244	0	23.32	—	$5,690
Nov 1996	157	60	21.97	—	$3,449
Oct 1996	149	323	23.31	—	$3,473
Sep 1996	307	50	22.22	—	$6,822
Aug 1996	328	0	20.26	—	$6,645
Jul 1996	245	0	19.55	—	$4,790
Jun 1996	299	0	18.73	—	$5,600
May 1996	68	2	19.43	—	$1,321
Apr 1996	67	0	21.51	—	$1,441
Mar 1996	163	2	19.38	—	$3,159
Feb 1996	247	2	16.98	—	$4,194
Jan 1996	209	2	17.07	—	$3,568
Dec 1995	218	2	17.19	—	$3,747
Nov 1995	225	2	16.00	—	$3,600
Oct 1995	207	2	15.43	—	$3,194
Sep 1995	268	3	16.18	—	$4,336
Aug 1995	348	4	15.92	—	$5,540
Jul 1995	119	2	15.24	—	$1,814
Jun 1995	106	1	16.41	—	$1,739
May 1995	192	2	17.56	—	$3,372
Apr 1995	276	3	17.73	—	$4,893
Mar 1995	150	2	16.44	—	$2,466
Feb 1995	35	0	16.58	—	$580
Jan 1995	41	0	15.92	—	$653
Dec 1994	188	2	15.03	—	$2,826
Nov 1994	48	1	15.90	—	$763
Oct 1994	234	1	15.58	—	$3,646
Sep 1994	266	13	15.29	—	$4,067
Aug 1994	260	7	16.13	—	$4,194
Jul 1994	296	11	17.56	—	$5,198
Jun 1994	270	13	17.09	—	$4,614
May 1994	251	43	15.88	—	$3,986
Apr 1994	235	178	14.14	—	$3,323
Mar 1994	106	250	12.46	—	$1,321
Feb 1994	104	128	12.50	—	$1,300
Jan 1994	157	215	12.66	—	$1,988
Dec 1993	221	125	12.33	—	$2,725
Nov 1993	295	128	14.49	—	$4,275
Oct 1993	364	104	15.85	—	$5,769
Sep 1993	302	93	15.03	—	$4,539
Aug 1993	469	112	15.66	—	$7,345
Jul 1993	375	108	15.46	—	$5,798
Jun 1993	423	69	16.79	—	$7,102
May 1993	270	98	17.68	—	$4,774
Apr 1993	231	89	18.05	—	$4,170
Mar 1993	339	100	18.14	—	$6,149
Feb 1993	250	76	17.90	—	$4,475
Jan 1993	423	117	16.93	—	$7,161

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 2020 — as filed, then multipliedworked

Oil                  201 bbl  × $ 44.64 =     $8,973
Casinghead gas        73 Mcf  × $  2.68 =       $195

────────────────────────────────────────────────────
Month total                                   $9,168

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/8861 is the state's own key, not one this site invented.