LUNDELL

Name: LUNDELL lease production and value, Sep 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the VAQUILLAS RANCH (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 164728District 04Field 932154002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.1 M

Sep 1997 – May 2026

Value, last 12 filed months

$24 k

at the published price for each month

Months reported

345

no gaps in the span

Streams

condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) 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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered

1998-02-24

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 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: “NO P-15 OR PLAT REQUIRED.”

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
High Cost Gas	1	1	1997-12-19	137530
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	6,769 bbl	$132,668
Gas	Production	529,173 Mcf	$1,971,160
Total			$2,103,828

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 27.6894, -99.0440. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68941, -99.04397 · 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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

10,282 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

00.0%

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.

1100.0%

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 10,282 ft.

Completions filed

Sep 1997

1 of 1 wells

1 well


42-47932459	4	10,282 ft	Sep 1997	—	—

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 (345)

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

345 months


May 2026	3	624	106.41	3.05	$2,220
Apr 2026	4	491	98.93	2.87	$1,805
Mar 2026	1	530	89.75	3.15	$1,759
Feb 2026	3	437	63.50	3.75	$1,829
Jan 2026	1	429	59.13	8.00	$3,490
Dec 2025	3	484	56.66	4.41	$2,306
Nov 2025	3	503	58.59	3.93	$2,151
Oct 2025	2	540	59.38	3.30	$1,903
Sep 2025	1	495	62.74	3.08	$1,586
Aug 2025	1	538	63.93	3.01	$1,686
Jul 2025	2	523	66.74	3.32	$1,867
Jun 2025	0	443	66.48	3.13	$1,386
May 2025	3	494	60.55	3.23	$1,778
Apr 2025	2	507	62.36	3.54	$1,921
Mar 2025	1	502	67.70	4.27	$2,210
Feb 2025	4	490	70.88	4.34	$2,411
Jan 2025	1	592	74.32	4.28	$2,607
Dec 2024	3	537	68.99	3.12	$1,883
Nov 2024	2	527	69.05	2.20	$1,297
Oct 2024	0	538	71.37	2.28	$1,227
Sep 2024	1	467	69.61	2.36	$1,174
Aug 2024	2	522	75.63	2.06	$1,228
Jul 2024	2	544	79.93	2.15	$1,328
Jun 2024	8	487	78.08	2.63	$1,907
May 2024	10	468	78.81	2.20	$1,817
Apr 2024	10	508	84.45	1.66	$1,687
Mar 2024	15	495	80.30	1.55	$1,969
Feb 2024	5	410	76.09	1.78	$1,112
Jan 2024	12	446	73.02	3.30	$2,347
Dec 2023	3	462	71.26	2.61	$1,420
Nov 2023	11	417	77.89	2.81	$2,028
Oct 2023	3	432	85.44	3.09	$1,590
Sep 2023	8	396	89.04	2.74	$1,795
Aug 2023	3	402	80.52	2.67	$1,316
Jul 2023	8	409	74.85	2.64	$1,679
Jun 2023	7	500	68.96	2.26	$1,612
May 2023	7	582	70.62	2.23	$1,791
Apr 2023	4	728	78.12	2.24	$1,942
Mar 2023	8	112	72.85	2.39	$851
Feb 2023	0	209	75.11	2.47	$515
Jan 2023	5	683	76.53	3.39	$2,696
Dec 2022	7	665	76.41	5.73	$4,345
Nov 2022	0	497	85.00	5.65	$2,806
Oct 2022	3	673	87.18	5.86	$4,208
Sep 2022	0	882	84.88	8.16	$7,200
Aug 2022	7	509	94.52	9.13	$5,307
Jul 2022	3	525	101.58	7.54	$4,264
Jun 2022	0	501	115.09	7.98	$3,997
May 2022	3	670	109.37	8.43	$5,978
Apr 2022	4	550	104.22	6.84	$4,178
Mar 2022	0	476	108.88	5.08	$2,416
Feb 2022	9	463	91.05	4.86	$3,069
Jan 2022	1	627	81.84	4.54	$2,927
Dec 2021	2	545	71.32	3.90	$2,268
Nov 2021	2	642	77.43	5.24	$3,517
Oct 2021	0	507	79.79	5.71	$2,897
Sep 2021	2	489	69.86	5.35	$2,756
Aug 2021	2	451	66.02	4.22	$2,036
Jul 2021	4	514	70.78	3.98	$2,330
Jun 2021	2	471	69.49	3.38	$1,731
May 2021	4	434	63.48	3.02	$1,564
Apr 2021	0	442	60.36	2.76	$1,219
Mar 2021	6	481	61.30	2.72	$1,675
Feb 2021	2	450	57.80	5.55	$2,612
Jan 2021	5	486	50.41	2.81	$1,618
Dec 2020	3	524	44.64	2.68	$1,536
Nov 2020	1	492	38.77	2.71	$1,370
Oct 2020	1	592	36.97	2.48	$1,504
Sep 2020	1	400	37.09	1.99	$834
Aug 2020	1	624	39.98	2.39	$1,528
Jul 2020	3	582	38.37	1.83	$1,177
Jun 2020	3	487	34.90	1.69	$928
May 2020	1	685	16.92	1.81	$1,260
Apr 2020	2	615	14.75	1.80	$1,139
Mar 2020	2	617	30.34	1.86	$1,206
Feb 2020	4	669	49.88	1.98	$1,525
Jan 2020	3	731	57.25	2.09	$1,703
Dec 2019	1	548	59.01	2.30	$1,322
Nov 2019	0	529	55.30	2.75	$1,455
Oct 2019	0	536	53.47	2.42	$1,296
Sep 2019	0	748	55.05	2.66	$1,988
Aug 2019	0	672	53.11	2.30	$1,549
Jul 2019	0	862	56.27	2.46	$2,121
Jun 2019	0	711	52.78	2.49	$1,771
May 2019	0	618	58.48	2.74	$1,694
Apr 2019	0	668	62.63	2.75	$1,837
Mar 2019	0	525	56.80	3.06	$1,608
Feb 2019	0	605	50.85	2.79	$1,689
Jan 2019	0	601	46.03	3.23	$1,940
Dec 2018	0	396	46.59	4.19	$1,657
Nov 2018	0	741	52.93	4.24	$3,140
Oct 2018	0	651	61.44	3.40	$2,212
Sep 2018	0	558	59.54	3.11	$1,734
Aug 2018	0	608	59.40	3.07	$1,864
Jul 2018	0	580	65.14	2.93	$1,700
Jun 2018	0	763	60.18	3.08	$2,348
May 2018	0	841	65.38	2.90	$2,440
Apr 2018	0	660	63.84	2.90	$1,915
Mar 2018	0	683	61.22	2.79	$1,903
Feb 2018	0	593	61.78	2.77	$1,640
Jan 2018	0	625	62.87	4.01	$2,506
Dec 2017	0	532	57.27	2.92	$1,554
Nov 2017	0	689	55.42	3.12	$2,149
Oct 2017	0	913	49.29	2.98	$2,724
Sep 2017	0	791	47.52	3.09	$2,442
Aug 2017	0	837	45.37	3.00	$2,515
Jul 2017	0	781	43.87	3.09	$2,411
Jun 2017	0	881	42.49	3.09	$2,720
May 2017	0	811	45.37	3.26	$2,647
Apr 2017	0	871	47.93	3.21	$2,797
Mar 2017	0	804	46.77	2.98	$2,399
Feb 2017	0	619	50.45	2.95	$1,828
Jan 2017	0	961	49.41	3.42	$3,285
Dec 2016	0	925	48.76	3.72	$3,444
Nov 2016	4	891	42.49	2.64	$2,526
Oct 2016	6	792	46.19	3.09	$2,725
Sep 2016	9	1,009	41.55	3.10	$3,502
Aug 2016	10	763	41.44	2.92	$2,646
Jul 2016	13	724	41.62	2.92	$2,658
Jun 2016	6	585	45.35	2.69	$1,843
May 2016	2	735	42.52	1.99	$1,548
Apr 2016	0	733	36.56	1.99	$1,459
Mar 2016	0	862	33.01	1.79	$1,546
Feb 2016	0	782	26.47	2.06	$1,614
Jan 2016	0	818	27.35	2.36	$1,934
Dec 2015	0	528	32.36	2.00	$1,057
Nov 2015	0	671	38.79	2.17	$1,454
Oct 2015	0	602	43.55	2.43	$1,461
Sep 2015	0	513	42.99	2.76	$1,415
Aug 2015	0	789	40.16	2.87	$2,266
Jul 2015	0	861	48.15	2.95	$2,536
Jun 2015	0	615	56.15	2.88	$1,773
May 2015	0	1,026	55.21	2.96	$3,032
Apr 2015	0	836	49.82	2.71	$2,263
Mar 2015	0	727	42.89	2.93	$2,134
Feb 2015	0	588	44.66	2.98	$1,750
Jan 2015	0	854	43.43	3.10	$2,648
Dec 2014	0	843	54.69	3.59	$3,028
Nov 2014	0	631	70.46	4.25	$2,683
Oct 2014	0	864	78.30	3.90	$3,370
Sep 2014	0	491	86.16	4.05	$1,986
Aug 2014	0	688	89.39	4.04	$2,776
Jul 2014	0	885	96.56	4.18	$3,699
Jun 2014	0	306	98.16	4.74	$1,449
May 2014	0	695	94.73	4.73	$3,285
Apr 2014	0	680	95.94	4.81	$3,270
Mar 2014	0	690	95.89	5.06	$3,489
Feb 2014	0	687	97.40	6.19	$4,254
Jan 2014	0	794	90.40	4.86	$3,859
Dec 2013	0	765	91.82	4.35	$3,331
Nov 2013	0	676	88.85	3.74	$2,527
Oct 2013	0	562	97.42	3.78	$2,124
Sep 2013	0	861	104.11	3.72	$3,201
Aug 2013	0	664	104.25	3.52	$2,339
Jul 2013	0	673	102.52	3.72	$2,502
Jun 2013	0	519	94.40	3.93	$2,041
May 2013	0	597	94.83	4.15	$2,477
Apr 2013	0	530	93.96	4.28	$2,270
Mar 2013	0	714	93.62	3.91	$2,794
Feb 2013	0	593	91.23	3.42	$2,028
Jan 2013	0	593	91.60	3.42	$2,028
Dec 2012	0	700	86.77	3.42	$2,394
Nov 2012	0	856	86.95	3.62	$3,103
Oct 2012	0	995	89.38	3.40	$3,383
Sep 2012	0	817	94.67	2.92	$2,384
Aug 2012	0	836	92.66	2.91	$2,431
Jul 2012	0	714	85.13	3.02	$2,157
Jun 2012	0	989	79.82	2.52	$2,491
May 2012	0	1,082	91.61	2.49	$2,692
Apr 2012	0	714	101.65	2.00	$1,426
Mar 2012	0	1,077	105.05	2.22	$2,393
Feb 2012	0	884	101.10	2.57	$2,272
Jan 2012	0	900	98.09	2.73	$2,461
Dec 2011	0	844	96.87	3.24	$2,734
Nov 2011	0	1,184	95.72	3.31	$3,921
Oct 2011	0	1,318	84.98	3.65	$4,809
Sep 2011	0	657	83.62	3.99	$2,619
Aug 2011	0	917	83.40	4.15	$3,805
Jul 2011	0	839	94.14	4.52	$3,790
Jun 2011	0	1,468	92.90	4.64	$6,811
May 2011	0	1,132	98.13	4.40	$4,986
Apr 2011	0	1,377	105.96	4.33	$5,967
Mar 2011	0	1,297	96.36	4.06	$5,262
Feb 2011	0	353	85.64	4.18	$1,476
Jan 2011	0	589	86.50	4.59	$2,703
Dec 2010	0	1,142	85.73	4.35	$4,965
Nov 2010	0	871	80.84	3.80	$3,306
Oct 2010	0	830	78.10	3.51	$2,912
Sep 2010	0	928	72.63	3.98	$3,693
Aug 2010	0	1,250	73.68	4.42	$5,524
Jul 2010	0	653	72.55	4.74	$3,093
Jun 2010	0	543	70.36	4.91	$2,666
May 2010	0	692	71.12	4.24	$2,931
Apr 2010	0	831	81.69	4.12	$3,426
Mar 2010	0	1,097	78.39	4.39	$4,814
Feb 2010	0	472	73.58	5.44	$2,569
Jan 2010	0	1,311	74.36	5.96	$7,819
Dec 2009	0	146	71.44	5.48	$801
Nov 2009	0	702	74.59	3.75	$2,634
Oct 2009	0	623	72.54	4.11	$2,561
Sep 2009	0	1,185	65.54	3.06	$3,632
Aug 2009	0	1,425	67.42	3.22	$4,586
Jul 2009	0	742	61.13	3.46	$2,571
Jun 2009	0	1,044	66.16	3.90	$4,066
May 2009	0	978	54.74	3.93	$3,839
Apr 2009	0	918	46.77	3.59	$3,293
Mar 2009	5	937	42.14	4.06	$4,014
Feb 2009	28	960	32.81	4.63	$5,366
Jan 2009	41	1,100	35.86	5.37	$7,378
Dec 2008	27	665	37.10	5.98	$4,977
Nov 2008	24	632	55.49	6.86	$5,668
Oct 2008	31	641	75.24	6.92	$6,769
Sep 2008	37	1,014	101.76	7.88	$11,752
Aug 2008	0	1,012	114.22	8.48	$8,585
Jul 2008	0	1,011	131.08	11.39	$11,515
Jun 2008	0	1,059	131.33	13.03	$13,802
May 2008	0	1,064	123.17	11.57	$12,315
Apr 2008	0	809	110.31	10.45	$8,458
Mar 2008	0	941	101.90	9.66	$9,094
Feb 2008	0	1,153	92.53	8.77	$10,112
Jan 2008	0	1,330	90.38	8.21	$10,914
Dec 2007	0	1,143	88.33	7.30	$8,346
Nov 2007	0	1,033	91.67	7.29	$7,532
Oct 2007	0	1,078	82.85	6.92	$7,462
Sep 2007	1	1,175	75.84	6.24	$7,413
Aug 2007	4	1,324	69.06	6.39	$8,734
Jul 2007	9	1,486	70.90	6.39	$10,131
Jun 2007	5	888	62.00	7.55	$7,013
May 2007	6	955	58.74	7.85	$7,846
Apr 2007	0	668	59.61	7.81	$5,214
Mar 2007	0	1,359	56.92	7.30	$9,923
Feb 2007	0	1,240	55.10	8.22	$10,188
Jan 2007	0	1,391	50.30	6.73	$9,357
Dec 2006	0	1,253	56.65	6.92	$8,669
Nov 2006	0	352	54.20	7.62	$2,681
Oct 2006	0	1,566	54.90	6.01	$9,418
Sep 2006	0	1,210	60.08	5.04	$6,095
Aug 2006	0	1,540	68.71	7.34	$11,303
Jul 2006	0	2,194	69.37	6.34	$13,916
Jun 2006	0	2,843	66.28	6.38	$18,149
May 2006	0	4	66.01	6.42	$26
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	3,722	60.59	8.93	$33,250
Dec 2005	0	168	54.94	13.42	$2,254
Nov 2005	0	975	54.69	10.59	$10,324
Oct 2005	0	1,730	58.34	13.80	$23,867
Sep 2005	0	333	61.45	12.08	$4,022
Aug 2005	0	1,382	61.51	9.80	$13,539
Jul 2005	0	1,383	55.69	7.84	$10,848
Jun 2005	0	1,539	52.33	7.38	$11,359
May 2005	0	484	45.22	6.65	$3,219
Apr 2005	0	904	49.20	7.36	$6,654
Mar 2005	0	713	50.37	7.15	$5,101
Feb 2005	0	829	45.22	6.31	$5,233
Jan 2005	0	4	43.16	6.32	$25
Dec 2004	0	1,269	39.86	6.75	$8,567
Nov 2004	0	40	45.28	6.33	$253
Oct 2004	0	435	49.70	6.52	$2,834
Sep 2004	0	601	43.24	5.28	$3,176
Aug 2004	0	1,281	42.37	5.55	$7,110
Jul 2004	0	1,183	38.28	6.08	$7,198
Jun 2004	0	838	36.10	6.43	$5,391
May 2004	0	996	37.48	6.49	$6,469
Apr 2004	0	898	34.47	5.86	$5,261
Mar 2004	0	970	34.36	5.53	$5,364
Feb 2004	0	1,322	32.45	5.51	$7,284
Jan 2004	0	1,704	32.03	6.30	$10,735
Dec 2003	0	955	30.26	6.30	$6,018
Nov 2003	0	1,230	28.80	4.60	$5,652
Oct 2003	2	1,269	28.17	4.76	$6,096
Sep 2003	13	1,590	26.31	4.75	$7,894
Aug 2003	5	465	29.76	5.13	$2,534
Jul 2003	15	1,546	29.41	5.17	$8,435
Jun 2003	17	2,036	28.56	5.98	$12,667
May 2003	38	3,494	26.59	5.97	$21,879
Apr 2003	5	543	26.67	5.41	$3,070
Mar 2003	1	2	31.14	6.10	$43
Feb 2003	23	836	33.48	7.93	$7,396
Jan 2003	38	1,838	30.31	5.58	$11,412
Dec 2002	33	1,437	26.91	4.85	$7,863
Nov 2002	40	1,856	24.66	4.14	$8,665
Oct 2002	14	814	26.46	4.23	$3,813
Sep 2002	0	1,579	27.44	3.64	$5,740
Aug 2002	0	1,015	25.96	3.16	$3,212
Jul 2002	0	625	24.58	3.06	$1,914
Jun 2002	0	1,573	23.73	3.34	$5,251
May 2002	0	1,623	24.66	3.58	$5,817
Apr 2002	0	1,734	23.65	3.51	$6,090
Mar 2002	0	1,951	22.00	3.10	$6,053
Feb 2002	0	1,872	18.22	2.38	$4,447
Jan 2002	0	1,969	17.17	2.38	$4,678
Dec 2001	0	1,499	16.93	2.36	$3,544
Nov 2001	0	1,479	18.07	2.41	$3,558
Oct 2001	0	1,919	19.78	2.53	$4,853
Sep 2001	0	1,652	24.26	2.25	$3,719
Aug 2001	0	1,720	24.87	3.05	$5,251
Jul 2001	0	1,344	23.93	3.20	$4,297
Jun 2001	0	2,591	24.56	3.82	$9,908
May 2001	0	831	25.52	4.31	$3,579
Apr 2001	0	2,075	24.68	5.34	$11,071
Mar 2001	0	1,257	24.54	5.38	$6,758
Feb 2001	0	1,881	27.75	5.77	$10,848
Jan 2001	0	2,531	27.47	8.40	$21,257
Dec 2000	0	921	26.88	9.12	$8,402
Nov 2000	0	1,792	32.21	5.66	$10,139
Oct 2000	0	2,113	31.23	5.15	$10,872
Sep 2000	0	2,067	31.87	5.19	$10,721
Aug 2000	0	2,516	29.64	4.54	$11,425
Jul 2000	0	3,258	28.53	4.09	$13,324
Jun 2000	0	1,744	29.30	4.40	$7,669
May 2000	0	2,415	27.26	3.68	$8,887
Apr 2000	0	2,554	24.51	3.12	$7,958
Mar 2000	0	2,504	28.42	2.86	$7,161
Feb 2000	0	2,260	27.62	2.73	$6,162
Jan 2000	0	3,544	25.27	2.48	$8,791
Dec 1999	0	3,147	24.28	2.42	$7,627
Nov 1999	19	3,243	23.19	2.43	$8,334
Oct 1999	19	3,600	20.98	2.80	$10,492
Sep 1999	22	3,953	21.75	2.62	$10,831
Aug 1999	19	3,481	19.26	2.88	$10,376
Jul 1999	41	3,507	17.89	2.37	$9,053
Jun 1999	142	4,718	15.94	2.36	$13,408
May 1999	160	4,061	15.79	2.32	$11,952
Apr 1999	202	3,633	15.10	2.21	$11,072
Mar 1999	425	2,098	12.47	1.84	$9,157
Feb 1999	341	862	9.98	1.82	$4,970
Jan 1999	170	1,159	10.38	1.90	$3,967
Dec 1998	46	915	9.20	1.77	$2,046
Nov 1998	60	1,108	10.89	2.19	$3,075
Oct 1998	58	2,336	12.42	1.97	$5,320
Sep 1998	242	3,276	12.59	2.08	$9,869
Aug 1998	0	6,541	11.30	1.91	$12,476
Jul 1998	176	6,042	11.74	2.24	$15,584
Jun 1998	196	5,912	11.24	2.24	$15,430
May 1998	167	7,551	12.62	2.21	$18,768
Apr 1998	185	7,946	13.04	2.51	$22,320
Mar 1998	186	9,630	12.80	2.31	$24,621
Feb 1998	185	10,210	13.95	2.30	$26,055
Jan 1998	187	13,033	14.70	2.15	$30,832
Dec 1997	370	16,541	16.32	2.41	$45,920
Nov 1997	399	24,467	18.19	3.09	$82,818
Oct 1997	748	42,848	19.25	3.15	$149,362
Sep 1997	1,226	46,468	17.74	2.95	$159,057

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.

May 2026 — as filed, then multipliedworked

Condensate             3 bbl  × $106.41 =       $319
Gas                  624 Mcf  × $  3.05 =     $1,901

────────────────────────────────────────────────────
Month total                                   $2,220

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/164728 is the state's own key, not one this site invented.