SERAFIN

Name: SERAFIN lease production and value, Jun 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MERIT ENERGY COMPANY (P-5 561136) in the SAN YGNACIO (WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169511District 04Field 804088002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.7 M

Jun 1998 – May 2026

Value, last 12 filed months

$34 k

at the published price for each month

Months reported

336

no gaps in the span

Streams

condensate, gas

The SAN YGNACIO (WILCOX) 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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered

1974-11-11

as the register files it

Field class

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: “AOF-1 AND AOF-2 EFFECTIVE 10/01/98.”

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	1998-09-14	139178
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	1,547 bbl	$85,843
Gas	Production	900,272 Mcf	$3,569,301
Total			$3,655,145

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 27.0354, -99.4144. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.03542, -99.41440 · 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

8,900 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 8,900 ft.

Completions filed

Jun 1998

1 of 1 wells

1 well


42-50533798	1	8,900 ft	Jun 1998	—	—

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 (336)

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

336 months


May 2026	0	902	106.41	3.05	$2,747
Apr 2026	0	832	98.93	2.87	$2,388
Mar 2026	0	730	89.75	3.15	$2,299
Feb 2026	0	651	63.50	3.75	$2,441
Jan 2026	0	714	59.13	8.00	$5,711
Dec 2025	0	870	56.66	4.41	$3,840
Nov 2025	0	721	58.59	3.93	$2,831
Oct 2025	0	755	59.38	3.30	$2,495
Sep 2025	0	662	62.74	3.08	$2,037
Aug 2025	0	710	63.93	3.01	$2,140
Jul 2025	0	787	66.74	3.32	$2,609
Jun 2025	0	727	66.48	3.13	$2,275
May 2025	0	789	60.55	3.23	$2,550
Apr 2025	0	935	62.36	3.54	$3,313
Mar 2025	0	794	67.70	4.27	$3,389
Feb 2025	0	725	70.88	4.34	$3,147
Jan 2025	0	750	74.32	4.28	$3,209
Dec 2024	0	874	68.99	3.12	$2,728
Nov 2024	0	678	69.05	2.20	$1,491
Oct 2024	0	1,035	71.37	2.28	$2,361
Sep 2024	0	927	69.61	2.36	$2,192
Aug 2024	0	701	75.63	2.06	$1,447
Jul 2024	0	813	79.93	2.15	$1,745
Jun 2024	0	856	78.08	2.63	$2,255
May 2024	0	776	78.81	2.20	$1,706
Apr 2024	0	685	84.45	1.66	$1,137
Mar 2024	0	1,291	80.30	1.55	$1,995
Feb 2024	0	1,061	76.09	1.78	$1,892
Jan 2024	0	1,682	73.02	3.30	$5,547
Dec 2023	0	1,142	71.26	2.61	$2,981
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	92	85.44	3.09	$284
Sep 2023	0	494	89.04	2.74	$1,351
Aug 2023	0	860	80.52	2.67	$2,299
Jul 2023	0	860	74.85	2.64	$2,272
Jun 2023	0	909	68.96	2.26	$2,053
May 2023	0	898	70.62	2.23	$2,000
Apr 2023	0	790	78.12	2.24	$1,768
Mar 2023	0	841	72.85	2.39	$2,013
Feb 2023	0	1,071	75.11	2.47	$2,641
Jan 2023	0	829	76.53	3.39	$2,808
Dec 2022	0	943	76.41	5.73	$5,403
Nov 2022	0	761	85.00	5.65	$4,297
Oct 2022	0	1,013	87.18	5.86	$5,940
Sep 2022	0	845	84.88	8.16	$6,898
Aug 2022	0	1,002	94.52	9.13	$9,145
Jul 2022	0	1,062	101.58	7.54	$8,010
Jun 2022	0	407	115.09	7.98	$3,247
May 2022	0	709	109.37	8.43	$5,979
Apr 2022	0	777	104.22	6.84	$5,313
Mar 2022	0	734	108.88	5.08	$3,726
Feb 2022	0	625	91.05	4.86	$3,037
Jan 2022	0	663	81.84	4.54	$3,008
Dec 2021	0	603	71.32	3.90	$2,351
Nov 2021	0	626	77.43	5.24	$3,278
Oct 2021	0	515	79.79	5.71	$2,943
Sep 2021	0	575	69.86	5.35	$3,077
Aug 2021	0	808	66.02	4.22	$3,410
Jul 2021	0	482	70.78	3.98	$1,919
Jun 2021	0	684	69.49	3.38	$2,312
May 2021	0	808	63.48	3.02	$2,438
Apr 2021	0	729	60.36	2.76	$2,011
Mar 2021	0	741	61.30	2.72	$2,013
Feb 2021	0	652	57.80	5.55	$3,617
Jan 2021	0	776	50.41	2.81	$2,181
Dec 2020	0	716	44.64	2.68	$1,916
Nov 2020	0	670	38.77	2.71	$1,813
Oct 2020	0	727	36.97	2.48	$1,802
Sep 2020	0	721	37.09	1.99	$1,436
Aug 2020	0	821	39.98	2.39	$1,958
Jul 2020	0	584	38.37	1.83	$1,066
Jun 2020	0	686	34.90	1.69	$1,160
May 2020	0	724	16.92	1.81	$1,314
Apr 2020	0	689	14.75	1.80	$1,243
Mar 2020	0	726	30.34	1.86	$1,348
Feb 2020	0	699	49.88	1.98	$1,384
Jan 2020	0	757	57.25	2.09	$1,586
Dec 2019	0	783	59.01	2.30	$1,804
Nov 2019	0	700	55.30	2.75	$1,925
Oct 2019	0	803	53.47	2.42	$1,942
Sep 2019	0	786	55.05	2.66	$2,089
Aug 2019	0	809	53.11	2.30	$1,864
Jul 2019	0	818	56.27	2.46	$2,012
Jun 2019	0	726	52.78	2.49	$1,809
May 2019	0	776	58.48	2.74	$2,126
Apr 2019	0	797	62.63	2.75	$2,192
Mar 2019	0	822	56.80	3.06	$2,517
Feb 2019	0	769	50.85	2.79	$2,147
Jan 2019	0	748	46.03	3.23	$2,415
Dec 2018	0	778	46.59	4.19	$3,256
Nov 2018	0	836	52.93	4.24	$3,542
Oct 2018	0	964	61.44	3.40	$3,276
Sep 2018	0	928	59.54	3.11	$2,884
Aug 2018	0	1,097	59.40	3.07	$3,364
Jul 2018	0	1,130	65.14	2.93	$3,313
Jun 2018	0	1,104	60.18	3.08	$3,397
May 2018	0	1,034	65.38	2.90	$2,999
Apr 2018	0	1,159	63.84	2.90	$3,362
Mar 2018	0	1,089	61.22	2.79	$3,035
Feb 2018	0	988	61.78	2.77	$2,733
Jan 2018	0	1,030	62.87	4.01	$4,130
Dec 2017	0	981	57.27	2.92	$2,866
Nov 2017	0	1,025	55.42	3.12	$3,196
Oct 2017	0	855	49.29	2.98	$2,551
Sep 2017	0	930	47.52	3.09	$2,871
Aug 2017	0	1,116	45.37	3.00	$3,353
Jul 2017	0	1,408	43.87	3.09	$4,347
Jun 2017	0	632	42.49	3.09	$1,951
May 2017	0	1,045	45.37	3.26	$3,410
Apr 2017	0	988	47.93	3.21	$3,173
Mar 2017	0	995	46.77	2.98	$2,969
Feb 2017	0	923	50.45	2.95	$2,725
Jan 2017	0	1,154	49.41	3.42	$3,945
Dec 2016	0	848	48.76	3.72	$3,157
Nov 2016	0	1,443	42.49	2.64	$3,816
Oct 2016	0	356	46.19	3.09	$1,100
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	899	41.44	2.92	$2,629
Jul 2016	0	798	41.62	2.92	$2,334
Jun 2016	0	1,010	45.35	2.69	$2,713
May 2016	0	1,101	42.52	1.99	$2,192
Apr 2016	0	972	36.56	1.99	$1,935
Mar 2016	0	1,148	33.01	1.79	$2,060
Feb 2016	0	1,010	26.47	2.06	$2,084
Jan 2016	0	1,223	27.35	2.36	$2,892
Dec 2015	0	1,140	32.36	2.00	$2,282
Nov 2015	0	1,342	38.79	2.17	$2,909
Oct 2015	0	1,121	43.55	2.43	$2,720
Sep 2015	0	725	42.99	2.76	$2,000
Aug 2015	0	806	40.16	2.87	$2,315
Jul 2015	0	896	48.15	2.95	$2,639
Jun 2015	0	963	56.15	2.88	$2,776
May 2015	0	1,136	55.21	2.96	$3,357
Apr 2015	0	1,117	49.82	2.71	$3,023
Mar 2015	0	931	42.89	2.93	$2,732
Feb 2015	0	977	44.66	2.98	$2,908
Jan 2015	0	1,311	43.43	3.10	$4,065
Dec 2014	0	414	54.69	3.59	$1,487
Nov 2014	0	1,034	70.46	4.25	$4,396
Oct 2014	0	1,006	78.30	3.90	$3,924
Sep 2014	0	1,040	86.16	4.05	$4,207
Aug 2014	0	1,117	89.39	4.04	$4,507
Jul 2014	0	874	96.56	4.18	$3,653
Jun 2014	0	890	98.16	4.74	$4,216
May 2014	0	973	94.73	4.73	$4,599
Apr 2014	0	876	95.94	4.81	$4,213
Mar 2014	0	1,109	95.89	5.06	$5,608
Feb 2014	0	1,050	97.40	6.19	$6,502
Jan 2014	0	1,178	90.40	4.86	$5,726
Dec 2013	0	1,289	91.82	4.35	$5,613
Nov 2013	0	1,271	88.85	3.74	$4,751
Oct 2013	0	1,055	97.42	3.78	$3,987
Sep 2013	0	1,167	104.11	3.72	$4,339
Aug 2013	0	1,323	104.25	3.52	$4,660
Jul 2013	0	977	102.52	3.72	$3,632
Jun 2013	0	1,283	94.40	3.93	$5,047
May 2013	0	1,415	94.83	4.15	$5,871
Apr 2013	0	2,014	93.96	4.28	$8,625
Mar 2013	0	435	93.62	3.91	$1,702
Feb 2013	0	553	91.23	3.42	$1,891
Jan 2013	0	1,183	91.60	3.42	$4,046
Dec 2012	0	1,211	86.77	3.42	$4,142
Nov 2012	0	1,182	86.95	3.62	$4,285
Oct 2012	0	1,410	89.38	3.40	$4,794
Sep 2012	0	942	94.67	2.92	$2,749
Aug 2012	0	1,074	92.66	2.91	$3,123
Jul 2012	0	1,165	85.13	3.02	$3,519
Jun 2012	0	1,386	79.82	2.52	$3,491
May 2012	0	1,391	91.61	2.49	$3,461
Apr 2012	0	1,326	101.65	2.00	$2,648
Mar 2012	0	1,377	105.05	2.22	$3,060
Feb 2012	0	1,366	101.10	2.57	$3,511
Jan 2012	0	1,581	98.09	2.73	$4,323
Dec 2011	0	1,461	96.87	3.24	$4,733
Nov 2011	0	1,495	95.72	3.31	$4,950
Oct 2011	0	1,462	84.98	3.65	$5,334
Sep 2011	0	1,276	83.62	3.99	$5,086
Aug 2011	0	1,452	83.40	4.15	$6,025
Jul 2011	0	1,551	94.14	4.52	$7,006
Jun 2011	0	1,397	92.90	4.64	$6,482
May 2011	0	1,353	98.13	4.40	$5,960
Apr 2011	0	1,448	105.96	4.33	$6,275
Mar 2011	0	1,408	96.36	4.06	$5,713
Feb 2011	0	1,181	85.64	4.18	$4,937
Jan 2011	0	1,621	86.50	4.59	$7,438
Dec 2010	0	1,702	85.73	4.35	$7,400
Nov 2010	0	1,688	80.84	3.80	$6,407
Oct 2010	0	1,392	78.10	3.51	$4,884
Sep 2010	0	1,202	72.63	3.98	$4,783
Aug 2010	0	1,435	73.68	4.42	$6,342
Jul 2010	0	1,229	72.55	4.74	$5,821
Jun 2010	0	1,378	70.36	4.91	$6,767
May 2010	0	1,372	71.12	4.24	$5,811
Apr 2010	0	1,347	81.69	4.12	$5,553
Mar 2010	0	1,328	78.39	4.39	$5,828
Feb 2010	0	1,170	73.58	5.44	$6,368
Jan 2010	0	1,611	74.36	5.96	$9,608
Dec 2009	0	1,670	71.44	5.48	$9,158
Nov 2009	0	1,431	74.59	3.75	$5,368
Oct 2009	0	1,459	72.54	4.11	$5,997
Sep 2009	0	1,231	65.54	3.06	$3,773
Aug 2009	0	1,456	67.42	3.22	$4,686
Jul 2009	0	1,816	61.13	3.46	$6,292
Jun 2009	0	1,044	66.16	3.90	$4,066
May 2009	0	1,441	54.74	3.93	$5,657
Apr 2009	0	1,611	46.77	3.59	$5,779
Mar 2009	0	1,543	42.14	4.06	$6,263
Feb 2009	0	1,452	32.81	4.63	$6,727
Jan 2009	0	1,769	35.86	5.37	$9,501
Dec 2008	0	1,964	37.10	5.98	$11,739
Nov 2008	1,547	1,702	55.49	6.86	$97,519
Oct 2008	0	1,853	75.24	6.92	$12,826
Sep 2008	0	1,586	101.76	7.88	$12,493
Aug 2008	0	2,088	114.22	8.48	$17,713
Jul 2008	0	2,205	131.08	11.39	$25,114
Jun 2008	0	1,368	131.33	13.03	$17,829
May 2008	0	1,670	123.17	11.57	$19,329
Apr 2008	0	1,758	110.31	10.45	$18,380
Mar 2008	0	2,389	101.90	9.66	$23,087
Feb 2008	0	2,324	92.53	8.77	$20,383
Jan 2008	0	2,643	90.38	8.21	$21,688
Dec 2007	0	2,481	88.33	7.30	$18,116
Nov 2007	0	1,810	91.67	7.29	$13,198
Oct 2007	0	1,844	82.85	6.92	$12,764
Sep 2007	0	1,452	75.84	6.24	$9,067
Aug 2007	0	1,650	69.06	6.39	$10,540
Jul 2007	0	1,309	70.90	6.39	$8,362
Jun 2007	0	1,569	62.00	7.55	$11,844
May 2007	0	1,506	58.74	7.85	$11,817
Apr 2007	0	1,743	59.61	7.81	$13,604
Mar 2007	0	1,813	56.92	7.30	$13,238
Feb 2007	0	1,676	55.10	8.22	$13,770
Jan 2007	0	1,617	50.30	6.73	$10,877
Dec 2006	0	2,060	56.65	6.92	$14,252
Nov 2006	0	1,986	54.20	7.62	$15,128
Oct 2006	0	2,004	54.90	6.01	$12,052
Sep 2006	0	2,340	60.08	5.04	$11,787
Aug 2006	0	1,987	68.71	7.34	$14,584
Jul 2006	0	2,364	69.37	6.34	$14,994
Jun 2006	0	1,506	66.28	6.38	$9,614
May 2006	0	1,564	66.01	6.42	$10,049
Apr 2006	0	2,696	64.39	7.36	$19,844
Mar 2006	0	2,653	56.70	7.08	$18,791
Feb 2006	0	2,681	57.59	7.75	$20,781
Jan 2006	0	2,719	60.59	8.93	$24,290
Dec 2005	0	2,903	54.94	13.42	$38,945
Nov 2005	0	2,229	54.69	10.59	$23,602
Oct 2005	0	2,438	58.34	13.80	$33,634
Sep 2005	0	2,491	61.45	12.08	$30,089
Aug 2005	0	2,957	61.51	9.80	$28,969
Jul 2005	0	3,065	55.69	7.84	$24,041
Jun 2005	0	2,156	52.33	7.38	$15,914
May 2005	0	2,052	45.22	6.65	$13,648
Apr 2005	0	2,282	49.20	7.36	$16,797
Mar 2005	0	2,845	50.37	7.15	$20,356
Feb 2005	0	2,684	45.22	6.31	$16,941
Jan 2005	0	3,672	43.16	6.32	$23,215
Dec 2004	0	4,079	39.86	6.75	$27,538
Nov 2004	0	4,822	45.28	6.33	$30,525
Oct 2004	0	5,023	49.70	6.52	$32,725
Sep 2004	0	4,386	43.24	5.28	$23,175
Aug 2004	0	2,372	42.37	5.55	$13,166
Jul 2004	0	2,422	38.28	6.08	$14,736
Jun 2004	0	2,602	36.10	6.43	$16,739
May 2004	0	2,508	37.48	6.49	$16,288
Apr 2004	0	2,611	34.47	5.86	$15,296
Mar 2004	0	3,053	34.36	5.53	$16,884
Feb 2004	0	2,588	32.45	5.51	$14,259
Jan 2004	0	2,532	32.03	6.30	$15,951
Dec 2003	0	2,549	30.26	6.30	$16,063
Nov 2003	0	2,804	28.80	4.60	$12,885
Oct 2003	0	3,125	28.17	4.76	$14,874
Sep 2003	0	2,802	26.31	4.75	$13,308
Aug 2003	0	3,157	29.76	5.13	$16,195
Jul 2003	0	3,692	29.41	5.17	$19,091
Jun 2003	0	2,982	28.56	5.98	$17,841
May 2003	0	3,115	26.59	5.97	$18,605
Apr 2003	0	3,054	26.67	5.41	$16,514
Mar 2003	0	3,413	31.14	6.10	$20,806
Feb 2003	0	3,205	33.48	7.93	$25,402
Jan 2003	0	3,904	30.31	5.58	$21,792
Dec 2002	0	2,489	26.91	4.85	$12,081
Nov 2002	0	3,522	24.66	4.14	$14,570
Oct 2002	0	3,771	26.46	4.23	$15,948
Sep 2002	0	3,761	27.44	3.64	$13,672
Aug 2002	0	4,042	25.96	3.16	$12,790
Jul 2002	0	3,767	24.58	3.06	$11,534
Jun 2002	0	3,098	23.73	3.34	$10,342
May 2002	0	4,053	24.66	3.58	$14,526
Apr 2002	0	3,759	23.65	3.51	$13,203
Mar 2002	0	4,195	22.00	3.10	$13,016
Feb 2002	0	3,949	18.22	2.38	$9,382
Jan 2002	0	4,557	17.17	2.38	$10,826
Dec 2001	0	5,599	16.93	2.36	$13,238
Nov 2001	0	5,492	18.07	2.41	$13,211
Oct 2001	0	4,389	19.78	2.53	$11,099
Sep 2001	0	4,677	24.26	2.25	$10,529
Aug 2001	0	5,141	24.87	3.05	$15,696
Jul 2001	0	4,645	23.93	3.20	$14,850
Jun 2001	0	5,597	24.56	3.82	$21,404
May 2001	0	6,655	25.52	4.31	$28,665
Apr 2001	0	4,998	24.68	5.34	$26,666
Mar 2001	0	5,435	24.54	5.38	$29,221
Feb 2001	0	4,768	27.75	5.77	$27,497
Jan 2001	0	5,500	27.47	8.40	$46,193
Dec 2000	0	7,226	26.88	9.12	$65,919
Nov 2000	0	6,292	32.21	5.66	$35,600
Oct 2000	0	7,211	31.23	5.15	$37,104
Sep 2000	0	8,004	31.87	5.19	$41,513
Aug 2000	0	9,562	29.64	4.54	$43,419
Jul 2000	0	11,057	28.53	4.09	$45,220
Jun 2000	0	15,500	29.30	4.40	$68,157
May 2000	0	17,387	27.26	3.68	$63,980
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	7,129	28.42	2.86	$20,387
Feb 2000	0	11,835	27.62	2.73	$32,268
Jan 2000	0	15,349	25.27	2.48	$38,073
Dec 1999	0	20,577	24.28	2.42	$49,873
Nov 1999	0	19,419	23.19	2.43	$47,266
Oct 1999	0	12,143	20.98	2.80	$34,045
Sep 1999	0	10,985	21.75	2.62	$28,768
Aug 1999	0	12,401	19.26	2.88	$35,660
Jul 1999	0	15,699	17.89	2.37	$37,244
Jun 1999	0	13,097	15.94	2.36	$30,936
May 1999	0	12,402	15.79	2.32	$28,785
Apr 1999	0	6,584	15.10	2.21	$14,538
Mar 1999	0	4,956	12.47	1.84	$9,111
Feb 1999	0	7,948	9.98	1.82	$14,448
Jan 1999	0	10,799	10.38	1.90	$20,518
Dec 1998	0	10,830	9.20	1.77	$19,205
Nov 1998	0	7,833	10.89	2.19	$17,121
Oct 1998	0	22,127	12.42	1.97	$43,573
Sep 1998	0	45,475	12.59	2.08	$94,707
Aug 1998	0	17,922	11.30	1.91	$34,184
Jul 1998	0	29,571	11.74	2.24	$66,158
Jun 1998	0	7,042	11.24	2.24	$15,755

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             0 bbl  × $106.41 =         $0
Gas                  902 Mcf  × $  3.05 =     $2,747

────────────────────────────────────────────────────
Month total                                   $2,747

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/169511 is the state's own key, not one this site invented.