TALLEY-KIBBE

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

Operated by FREDCO (P-5 284921) in the J. R. (4070) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121715District 04Field 45170350NGPA filingCondensateGasSave Export

Value, all time

$70 k

Jan 1993 – May 2024

Value, last 12 filed months

at the published price for each month

Months reported

377

no gaps in the span

Streams

condensate, gas

The J. R. (4070) 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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered

1983-01-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 09/01/86.”

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
Condensate	Disposition	516 bbl	$10,105
Gas	Production	82,835 Mcf	$59,825
Total			$69,930

66,909 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 27.5989, -98.2381. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.59895, -98.23806 · 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

4,460 ft

1 wells filed one

Completion to plug

12.5 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 4,460 ft.

Completions filed

Nov 2011

1 of 1 wells

Plug dates filed

May 2024

1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13136877	2	4,460 ft	Nov 2011	May 2024	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 (377)

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

377 months


May 2024	0	0	78.81	2.20	$0
Apr 2024	0	0	84.45	1.66	$0
Mar 2024	0	0	80.30	1.55	$0
Feb 2024	0	0	76.09	1.78	$0
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	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	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	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	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	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	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	43	0	59.61	7.81	$2,563
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	589	64.39	7.36	$4,335
Mar 2006	0	47	56.70	7.08	$333
Feb 2006	0	280	57.59	7.75	$2,170
Jan 2006	0	257	60.59	8.93	$2,296
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	394	54.69	10.59	$4,172
Oct 2005	0	291	58.34	13.80	$4,015
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	6	34.47	5.86	$35
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	32	32.45	5.51	$176
Jan 2004	0	59	32.03	6.30	$372
Dec 2003	0	26	30.26	6.30	$164
Nov 2003	0	58	28.80	4.60	$267
Oct 2003	0	92	28.17	4.76	$438
Sep 2003	0	100	26.31	4.75	$475
Aug 2003	0	96	29.76	5.13	$492
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	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	287	18.22	2.38	$682
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	170	23.93	3.20	$544
Jun 2001	0	76	24.56	3.82	$291
May 2001	0	211	25.52	4.31	$909
Apr 2001	0	196	24.68	5.34	$1,046
Mar 2001	0	240	24.54	5.38	$1,290
Feb 2001	0	29	27.75	5.77	$167
Jan 2001	0	113	27.47	8.40	$949
Dec 2000	0	201	26.88	9.12	$1,834
Nov 2000	0	216	32.21	5.66	$1,222
Oct 2000	0	178	31.23	5.15	$916
Sep 2000	0	187	31.87	5.19	$970
Aug 2000	0	133	29.64	4.54	$604
Jul 2000	0	174	28.53	4.09	$712
Jun 2000	0	192	29.30	4.40	$844
May 2000	0	387	27.26	3.68	$1,424
Apr 2000	0	284	24.51	3.12	$885
Mar 2000	0	300	28.42	2.86	$858
Feb 2000	0	401	27.62	2.73	$1,093
Jan 2000	0	280	25.27	2.48	$695
Dec 1999	0	514	24.28	2.42	$1,246
Nov 1999	0	265	23.19	2.43	$645
Oct 1999	0	121	20.98	2.80	$339
Sep 1999	0	112	21.75	2.62	$293
Aug 1999	0	127	19.26	2.88	$365
Jul 1999	0	219	17.89	2.37	$520
Jun 1999	0	528	15.94	2.36	$1,247
May 1999	0	360	15.79	2.32	$836
Apr 1999	0	256	15.10	2.21	$565
Mar 1999	0	253	12.47	1.84	$465
Feb 1999	0	359	9.98	1.82	$653
Jan 1999	0	231	10.38	1.90	$439
Dec 1998	0	186	9.20	1.77	$330
Nov 1998	0	46	10.89	2.19	$101
Oct 1998	0	314	12.42	1.97	$618
Sep 1998	0	182	12.59	2.08	$379
Aug 1998	0	137	11.30	1.91	$261
Jul 1998	0	169	11.74	2.24	$378
Jun 1998	0	219	11.24	2.24	$490
May 1998	0	225	12.62	2.21	$496
Apr 1998	0	167	13.04	2.51	$418
Mar 1998	0	185	12.80	2.31	$427
Feb 1998	0	313	13.95	2.30	$720
Jan 1998	0	293	14.70	2.15	$631
Dec 1997	0	636	16.32	2.41	$1,533
Nov 1997	0	282	18.19	3.09	$871
Oct 1997	0	303	19.25	3.15	$954
Sep 1997	0	307	17.74	2.95	$907
Aug 1997	0	279	17.86	2.55	$713
Jul 1997	0	211	17.58	2.25	$474
Jun 1997	0	551	17.24	2.26	$1,244
May 1997	0	211	18.97	2.31	$487
Apr 1997	0	457	17.88	2.08	$952
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	326	23.48	3.54	$1,154
Dec 1996	0	285	23.32	—	$0
Nov 1996	0	416	21.97	—	$0
Oct 1996	0	508	23.31	—	$0
Sep 1996	0	507	22.22	—	$0
Aug 1996	0	525	20.26	—	$0
Jul 1996	0	583	19.55	—	$0
Jun 1996	0	498	18.73	—	$0
May 1996	0	554	19.43	—	$0
Apr 1996	0	529	21.51	—	$0
Mar 1996	0	768	19.38	—	$0
Feb 1996	0	654	16.98	—	$0
Jan 1996	0	745	17.07	—	$0
Dec 1995	0	750	17.19	—	$0
Nov 1995	0	877	16.00	—	$0
Oct 1995	0	875	15.43	—	$0
Sep 1995	0	1,176	16.18	—	$0
Aug 1995	0	994	15.92	—	$0
Jul 1995	0	1,528	15.24	—	$0
Jun 1995	0	1,450	16.41	—	$0
May 1995	0	1,630	17.56	—	$0
Apr 1995	0	1,367	17.73	—	$0
Mar 1995	0	1,150	16.44	—	$0
Feb 1995	0	1,476	16.58	—	$0
Jan 1995	0	1,684	15.92	—	$0
Dec 1994	0	1,687	15.03	—	$0
Nov 1994	0	1,842	15.90	—	$0
Oct 1994	0	1,545	15.58	—	$0
Sep 1994	0	1,546	15.29	—	$0
Aug 1994	0	1,651	16.13	—	$0
Jul 1994	95	1,617	17.56	—	$1,668
Jun 1994	0	1,788	17.09	—	$0
May 1994	71	1,846	15.88	—	$1,127
Apr 1994	90	1,874	14.14	—	$1,273
Mar 1994	0	1,680	12.46	—	$0
Feb 1994	0	1,509	12.50	—	$0
Jan 1994	0	1,768	12.66	—	$0
Dec 1993	0	2,057	12.33	—	$0
Nov 1993	76	2,038	14.49	—	$1,101
Oct 1993	81	2,374	15.85	—	$1,284
Sep 1993	0	1,952	15.03	—	$0
Aug 1993	0	1,611	15.66	—	$0
Jul 1993	0	1,537	15.46	—	$0
Jun 1993	0	1,786	16.79	—	$0
May 1993	0	2,029	17.68	—	$0
Apr 1993	0	2,287	18.05	—	$0
Mar 1993	60	2,499	18.14	—	$1,088
Feb 1993	0	2,809	17.90	—	$0
Jan 1993	0	2,048	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.

Apr 2007 — as filed, then multipliedworked

Condensate            43 bbl  × $ 59.61 =     $2,563
Gas                    0 Mcf  × $  7.81 =         $0

────────────────────────────────────────────────────
Month total                                   $2,563

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. 04/G/121715 is the state's own key, not one this site invented.