PALAFOX UNIT

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

Operated by FASKEN OIL AND RANCH, LTD. (P-5 263696) in the GOLD RIVER, NORTH (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174358District 04Field 355665002 tax incentive programmesCondensateGasSave Export

Value, all time

$4.1 M

Nov 1998 – Apr 2026

Value, last 12 filed months

at the published price for each month

Months reported

330

no gaps in the span

Streams

condensate, gas

The GOLD RIVER, NORTH (OLMOS) 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 830 leases and 840 wells, and the rule below applies to all of them.

Discovered

1978-10-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-10-25.

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

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2000-01-10	141073
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	969 bbl	$27,405
Gas	Production	1,023,863 Mcf	$4,111,001
Total			$4,138,406

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 28.0789, -99.8021. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.07895, -99.80208 · 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

5,800 ft

1 wells filed one

Completion to plug

27.0 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 5,800 ft.

Completions filed

Nov 1998

1 of 1 wells

Plug dates filed

Nov 2025

1 of 1 wells

Last completion to plug: a median of 27.0 years across the 1 well that filed both dates, with the middle half between 27.0 years and 27.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47937109	F 37	5,800 ft	Nov 1998	Nov 2025	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 (330)

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

330 months


Apr 2026	0	0	98.93	2.87	$0
Mar 2026	0	0	89.75	3.15	$0
Feb 2026	0	0	63.50	3.75	$0
Jan 2026	0	0	59.13	8.00	$0
Dec 2025	0	0	56.66	4.41	$0
Nov 2025	0	0	58.59	3.93	$0
Oct 2025	0	0	59.38	3.30	$0
Sep 2025	0	0	62.74	3.08	$0
Aug 2025	0	0	63.93	3.01	$0
Jul 2025	0	0	66.74	3.32	$0
Jun 2025	0	0	66.48	3.13	$0
May 2025	0	0	60.55	3.23	$0
Apr 2025	0	45	62.36	3.54	$159
Mar 2025	0	609	67.70	4.27	$2,599
Feb 2025	0	554	70.88	4.34	$2,405
Jan 2025	0	651	74.32	4.28	$2,785
Dec 2024	0	649	68.99	3.12	$2,026
Nov 2024	0	703	69.05	2.20	$1,546
Oct 2024	0	745	71.37	2.28	$1,700
Sep 2024	0	748	69.61	2.36	$1,769
Aug 2024	0	827	75.63	2.06	$1,707
Jul 2024	0	833	79.93	2.15	$1,788
Jun 2024	0	1,016	78.08	2.63	$2,676
May 2024	0	1,319	78.81	2.20	$2,900
Apr 2024	0	1,410	84.45	1.66	$2,339
Mar 2024	0	1,461	80.30	1.55	$2,257
Feb 2024	0	1,343	76.09	1.78	$2,395
Jan 2024	0	1,431	73.02	3.30	$4,719
Dec 2023	0	1,410	71.26	2.61	$3,681
Nov 2023	0	1,410	77.89	2.81	$3,959
Oct 2023	0	1,457	85.44	3.09	$4,498
Sep 2023	0	1,396	89.04	2.74	$3,818
Aug 2023	0	1,429	80.52	2.67	$3,820
Jul 2023	0	1,505	74.85	2.64	$3,976
Jun 2023	0	1,425	68.96	2.26	$3,218
May 2023	0	1,505	70.62	2.23	$3,352
Apr 2023	0	1,441	78.12	2.24	$3,225
Mar 2023	0	1,406	72.85	2.39	$3,365
Feb 2023	0	1,387	75.11	2.47	$3,420
Jan 2023	0	1,442	76.53	3.39	$4,885
Dec 2022	0	1,329	76.41	5.73	$7,614
Nov 2022	0	1,404	85.00	5.65	$7,927
Oct 2022	0	1,533	87.18	5.86	$8,989
Sep 2022	0	1,729	84.88	8.16	$14,115
Aug 2022	0	1,972	94.52	9.13	$17,999
Jul 2022	0	2,007	101.58	7.54	$15,137
Jun 2022	0	1,830	115.09	7.98	$14,598
May 2022	0	1,982	109.37	8.43	$16,714
Apr 2022	0	1,907	104.22	6.84	$13,039
Mar 2022	0	1,939	108.88	5.08	$9,843
Feb 2022	0	1,758	91.05	4.86	$8,542
Jan 2022	0	1,896	81.84	4.54	$8,603
Dec 2021	0	1,738	71.32	3.90	$6,777
Nov 2021	0	1,801	77.43	5.24	$9,432
Oct 2021	0	1,860	79.79	5.71	$10,628
Sep 2021	0	1,833	69.86	5.35	$9,808
Aug 2021	0	1,827	66.02	4.22	$7,711
Jul 2021	0	1,189	70.78	3.98	$4,735
Jun 2021	0	1,229	69.49	3.38	$4,155
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	452	60.36	2.76	$1,247
Mar 2021	0	791	61.30	2.72	$2,149
Feb 2021	0	592	57.80	5.55	$3,284
Jan 2021	0	761	50.41	2.81	$2,139
Dec 2020	0	767	44.64	2.68	$2,052
Nov 2020	0	974	38.77	2.71	$2,636
Oct 2020	0	376	36.97	2.48	$932
Sep 2020	0	818	37.09	1.99	$1,629
Aug 2020	0	688	39.98	2.39	$1,641
Jul 2020	0	839	38.37	1.83	$1,531
Jun 2020	0	911	34.90	1.69	$1,540
May 2020	0	928	16.92	1.81	$1,684
Apr 2020	0	1,204	14.75	1.80	$2,172
Mar 2020	0	1,608	30.34	1.86	$2,985
Feb 2020	0	1,588	49.88	1.98	$3,145
Jan 2020	0	1,612	57.25	2.09	$3,377
Dec 2019	0	1,464	59.01	2.30	$3,374
Nov 2019	0	1,473	55.30	2.75	$4,052
Oct 2019	0	1,753	53.47	2.42	$4,240
Sep 2019	0	1,709	55.05	2.66	$4,541
Aug 2019	0	1,842	53.11	2.30	$4,245
Jul 2019	0	2,083	56.27	2.46	$5,124
Jun 2019	0	1,509	52.78	2.49	$3,759
May 2019	0	1,330	58.48	2.74	$3,645
Apr 2019	0	1,173	62.63	2.75	$3,227
Mar 2019	0	716	56.80	3.06	$2,192
Feb 2019	0	683	50.85	2.79	$1,907
Jan 2019	0	706	46.03	3.23	$2,279
Dec 2018	0	629	46.59	4.19	$2,633
Nov 2018	0	562	52.93	4.24	$2,381
Oct 2018	1	716	61.44	3.40	$2,494
Sep 2018	0	778	59.54	3.11	$2,418
Aug 2018	0	1,303	59.40	3.07	$3,996
Jul 2018	0	757	65.14	2.93	$2,219
Jun 2018	0	778	60.18	3.08	$2,394
May 2018	0	910	65.38	2.90	$2,640
Apr 2018	0	915	63.84	2.90	$2,654
Mar 2018	0	825	61.22	2.79	$2,299
Feb 2018	0	729	61.78	2.77	$2,017
Jan 2018	0	815	62.87	4.01	$3,268
Dec 2017	0	866	57.27	2.92	$2,530
Nov 2017	0	1,659	55.42	3.12	$5,173
Oct 2017	1	1,893	49.29	2.98	$5,697
Sep 2017	0	2,444	47.52	3.09	$7,545
Aug 2017	0	2,354	45.37	3.00	$7,072
Jul 2017	0	2,459	43.87	3.09	$7,592
Jun 2017	0	2,349	42.49	3.09	$7,252
May 2017	1	2,446	45.37	3.26	$8,028
Apr 2017	0	1,918	47.93	3.21	$6,160
Mar 2017	0	2,033	46.77	2.98	$6,066
Feb 2017	0	1,747	50.45	2.95	$5,158
Jan 2017	0	662	49.41	3.42	$2,263
Dec 2016	0	1,528	48.76	3.72	$5,688
Nov 2016	0	824	42.49	2.64	$2,179
Oct 2016	0	913	46.19	3.09	$2,821
Sep 2016	0	680	41.55	3.10	$2,108
Aug 2016	0	832	41.44	2.92	$2,433
Jul 2016	0	1,099	41.62	2.92	$3,214
Jun 2016	0	1,613	45.35	2.69	$4,332
May 2016	0	1,906	42.52	1.99	$3,795
Apr 2016	0	1,154	36.56	1.99	$2,298
Mar 2016	0	698	33.01	1.79	$1,252
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	17	32.36	2.00	$34
Nov 2015	0	898	38.79	2.17	$1,946
Oct 2015	0	1,064	43.55	2.43	$2,582
Sep 2015	0	907	42.99	2.76	$2,502
Aug 2015	1	923	40.16	2.87	$2,691
Jul 2015	0	1,375	48.15	2.95	$4,049
Jun 2015	0	1,432	56.15	2.88	$4,128
May 2015	0	911	55.21	2.96	$2,692
Apr 2015	0	1,028	49.82	2.71	$2,782
Mar 2015	0	1,052	42.89	2.93	$3,087
Feb 2015	0	932	44.66	2.98	$2,774
Jan 2015	0	1,152	43.43	3.10	$3,572
Dec 2014	0	910	54.69	3.59	$3,268
Nov 2014	0	1,315	70.46	4.25	$5,591
Oct 2014	1	1,547	78.30	3.90	$6,113
Sep 2014	0	2,280	86.16	4.05	$9,224
Aug 2014	1	2,346	89.39	4.04	$9,556
Jul 2014	0	2,350	96.56	4.18	$9,822
Jun 2014	1	2,152	98.16	4.74	$10,292
May 2014	0	2,003	94.73	4.73	$9,467
Apr 2014	0	1,778	95.94	4.81	$8,551
Mar 2014	0	1,275	95.89	5.06	$6,447
Feb 2014	0	1,075	97.40	6.19	$6,656
Jan 2014	0	1,431	90.40	4.86	$6,956
Dec 2013	0	1,482	91.82	4.35	$6,453
Nov 2013	0	1,503	88.85	3.74	$5,619
Oct 2013	0	1,594	97.42	3.78	$6,024
Sep 2013	1	1,654	104.11	3.72	$6,253
Aug 2013	0	1,645	104.25	3.52	$5,795
Jul 2013	0	1,536	102.52	3.72	$5,710
Jun 2013	0	1,364	94.40	3.93	$5,365
May 2013	0	1,274	94.83	4.15	$5,286
Apr 2013	0	926	93.96	4.28	$3,966
Mar 2013	0	750	93.62	3.91	$2,935
Feb 2013	0	697	91.23	3.42	$2,384
Jan 2013	0	826	91.60	3.42	$2,825
Dec 2012	0	688	86.77	3.42	$2,353
Nov 2012	0	627	86.95	3.62	$2,273
Oct 2012	0	574	89.38	3.40	$1,951
Sep 2012	0	344	94.67	2.92	$1,004
Aug 2012	0	527	92.66	2.91	$1,533
Jul 2012	0	468	85.13	3.02	$1,414
Jun 2012	0	450	79.82	2.52	$1,134
May 2012	0	561	91.61	2.49	$1,396
Apr 2012	0	582	101.65	2.00	$1,162
Mar 2012	0	435	105.05	2.22	$967
Feb 2012	0	559	101.10	2.57	$1,437
Jan 2012	0	476	98.09	2.73	$1,301
Dec 2011	0	614	96.87	3.24	$1,989
Nov 2011	0	658	95.72	3.31	$2,179
Oct 2011	0	867	84.98	3.65	$3,163
Sep 2011	0	637	83.62	3.99	$2,539
Aug 2011	0	448	83.40	4.15	$1,859
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	280	92.90	4.64	$1,299
May 2011	0	622	98.13	4.40	$2,740
Apr 2011	0	1,024	105.96	4.33	$4,437
Mar 2011	0	1,079	96.36	4.06	$4,378
Feb 2011	0	909	85.64	4.18	$3,800
Jan 2011	0	957	86.50	4.59	$4,391
Dec 2010	0	1,011	85.73	4.35	$4,396
Nov 2010	0	979	80.84	3.80	$3,716
Oct 2010	0	1,102	78.10	3.51	$3,867
Sep 2010	0	959	72.63	3.98	$3,816
Aug 2010	0	1,170	73.68	4.42	$5,171
Jul 2010	0	1,001	72.55	4.74	$4,741
Jun 2010	0	1,042	70.36	4.91	$5,117
May 2010	3	997	71.12	4.24	$4,436
Apr 2010	0	982	81.69	4.12	$4,048
Mar 2010	0	863	78.39	4.39	$3,787
Feb 2010	0	813	73.58	5.44	$4,425
Jan 2010	0	885	74.36	5.96	$5,278
Dec 2009	0	1,056	71.44	5.48	$5,791
Nov 2009	0	1,225	74.59	3.75	$4,596
Oct 2009	0	1,199	72.54	4.11	$4,928
Sep 2009	0	1,318	65.54	3.06	$4,039
Aug 2009	0	1,406	67.42	3.22	$4,525
Jul 2009	0	1,323	61.13	3.46	$4,584
Jun 2009	0	1,256	66.16	3.90	$4,892
May 2009	0	1,348	54.74	3.93	$5,292
Apr 2009	0	1,196	46.77	3.59	$4,291
Mar 2009	0	1,309	42.14	4.06	$5,313
Feb 2009	0	1,075	32.81	4.63	$4,980
Jan 2009	0	1,357	35.86	5.37	$7,288
Dec 2008	0	1,382	37.10	5.98	$8,260
Nov 2008	0	1,227	55.49	6.86	$8,418
Oct 2008	0	1,295	75.24	6.92	$8,964
Sep 2008	0	1,415	101.76	7.88	$11,146
Aug 2008	0	1,446	114.22	8.48	$12,266
Jul 2008	0	1,535	131.08	11.39	$17,483
Jun 2008	0	1,493	131.33	13.03	$19,458
May 2008	0	1,637	123.17	11.57	$18,947
Apr 2008	0	1,423	110.31	10.45	$14,877
Mar 2008	58	1,243	101.90	9.66	$17,923
Feb 2008	0	1,227	92.53	8.77	$10,762
Jan 2008	0	1,357	90.38	8.21	$11,135
Dec 2007	0	1,273	88.33	7.30	$9,295
Nov 2007	0	1,299	91.67	7.29	$9,472
Oct 2007	0	1,634	82.85	6.92	$11,311
Sep 2007	0	1,523	75.84	6.24	$9,510
Aug 2007	0	1,483	69.06	6.39	$9,473
Jul 2007	0	1,224	70.90	6.39	$7,819
Jun 2007	0	986	62.00	7.55	$7,443
May 2007	0	1,758	58.74	7.85	$13,794
Apr 2007	0	1,624	59.61	7.81	$12,676
Mar 2007	0	2,025	56.92	7.30	$14,786
Feb 2007	0	1,930	55.10	8.22	$15,857
Jan 2007	0	2,057	50.30	6.73	$13,837
Dec 2006	0	2,126	56.65	6.92	$14,709
Nov 2006	0	1,988	54.20	7.62	$15,144
Oct 2006	0	1,935	54.90	6.01	$11,637
Sep 2006	0	1,674	60.08	5.04	$8,432
Aug 2006	0	2,002	68.71	7.34	$14,695
Jul 2006	0	2,087	69.37	6.34	$13,237
Jun 2006	0	1,951	66.28	6.38	$12,455
May 2006	0	2,013	66.01	6.42	$12,934
Apr 2006	0	1,780	64.39	7.36	$13,102
Mar 2006	0	1,991	56.70	7.08	$14,102
Feb 2006	0	1,795	57.59	7.75	$13,913
Jan 2006	0	1,845	60.59	8.93	$16,482
Dec 2005	0	1,944	54.94	13.42	$26,080
Nov 2005	0	2,329	54.69	10.59	$24,660
Oct 2005	0	2,145	58.34	13.80	$29,592
Sep 2005	0	1,888	61.45	12.08	$22,805
Aug 2005	0	2,055	61.51	9.80	$20,133
Jul 2005	0	2,204	55.69	7.84	$17,287
Jun 2005	0	1,897	52.33	7.38	$14,002
May 2005	0	2,259	45.22	6.65	$15,025
Apr 2005	0	1,975	49.20	7.36	$14,537
Mar 2005	0	1,904	50.37	7.15	$13,623
Feb 2005	0	1,618	45.22	6.31	$10,213
Jan 2005	0	1,990	43.16	6.32	$12,581
Dec 2004	0	2,598	39.86	6.75	$17,539
Nov 2004	0	2,213	45.28	6.33	$14,009
Oct 2004	0	3,259	49.70	6.52	$21,233
Sep 2004	0	2,888	43.24	5.28	$15,260
Aug 2004	0	3,276	42.37	5.55	$18,184
Jul 2004	0	3,613	38.28	6.08	$21,982
Jun 2004	0	3,214	36.10	6.43	$20,676
May 2004	0	4,380	37.48	6.49	$28,446
Apr 2004	0	4,199	34.47	5.86	$24,600
Mar 2004	0	3,654	34.36	5.53	$20,207
Feb 2004	0	4,043	32.45	5.51	$22,275
Jan 2004	0	4,196	32.03	6.30	$26,433
Dec 2003	0	3,959	30.26	6.30	$24,948
Nov 2003	0	3,785	28.80	4.60	$17,393
Oct 2003	0	3,809	28.17	4.76	$18,129
Sep 2003	0	3,664	26.31	4.75	$17,402
Aug 2003	0	4,815	29.76	5.13	$24,700
Jul 2003	0	5,108	29.41	5.17	$26,413
Jun 2003	0	5,432	28.56	5.98	$32,499
May 2003	0	5,236	26.59	5.97	$31,273
Apr 2003	0	5,035	26.67	5.41	$27,226
Mar 2003	0	5,537	31.14	6.10	$33,754
Feb 2003	0	4,405	33.48	7.93	$34,914
Jan 2003	0	4,910	30.31	5.58	$27,408
Dec 2002	0	5,674	26.91	4.85	$27,540
Nov 2002	0	5,223	24.66	4.14	$21,607
Oct 2002	0	5,452	26.46	4.23	$23,057
Sep 2002	0	5,661	27.44	3.64	$20,579
Aug 2002	0	7,154	25.96	3.16	$22,636
Jul 2002	165	7,260	24.58	3.06	$26,284
Jun 2002	0	6,752	23.73	3.34	$22,540
May 2002	0	7,539	24.66	3.58	$27,020
Apr 2002	0	5,313	23.65	3.51	$18,661
Mar 2002	0	6,901	22.00	3.10	$21,412
Feb 2002	0	6,637	18.22	2.38	$15,767
Jan 2002	0	7,553	17.17	2.38	$17,944
Dec 2001	0	7,842	16.93	2.36	$18,542
Nov 2001	0	7,882	18.07	2.41	$18,960
Oct 2001	0	8,686	19.78	2.53	$21,966
Sep 2001	0	8,531	24.26	2.25	$19,206
Aug 2001	0	9,014	24.87	3.05	$27,521
Jul 2001	0	8,698	23.93	3.20	$27,808
Jun 2001	0	8,458	24.56	3.82	$32,345
May 2001	0	9,555	25.52	4.31	$41,156
Apr 2001	0	9,956	24.68	5.34	$53,118
Mar 2001	0	10,018	24.54	5.38	$53,861
Feb 2001	0	8,650	27.75	5.77	$49,885
Jan 2001	169	11,123	27.47	8.40	$98,062
Dec 2000	0	12,126	26.88	9.12	$110,619
Nov 2000	0	11,926	32.21	5.66	$67,477
Oct 2000	0	12,593	31.23	5.15	$64,797
Sep 2000	0	12,863	31.87	5.19	$66,714
Aug 2000	0	14,226	29.64	4.54	$64,597
Jul 2000	0	14,324	28.53	4.09	$58,582
Jun 2000	0	15,943	29.30	4.40	$70,105
May 2000	0	16,048	27.26	3.68	$59,053
Apr 2000	0	15,423	24.51	3.12	$48,058
Mar 2000	190	15,645	28.42	2.86	$50,141
Feb 2000	0	15,268	27.62	2.73	$41,628
Jan 2000	0	16,545	25.27	2.48	$41,040
Dec 1999	0	16,664	24.28	2.42	$40,389
Nov 1999	0	17,662	23.19	2.43	$42,989
Oct 1999	0	16,086	20.98	2.80	$45,100
Sep 1999	0	18,275	21.75	2.62	$47,859
Aug 1999	188	19,592	19.26	2.88	$59,960
Jul 1999	0	21,604	17.89	2.37	$51,253
Jun 1999	188	23,935	15.94	2.36	$59,534
May 1999	0	17,415	15.79	2.32	$40,421
Apr 1999	0	20,431	15.10	2.21	$45,113
Mar 1999	0	21,785	12.47	1.84	$40,048
Feb 1999	0	21,520	9.98	1.82	$39,119
Jan 1999	0	23,819	10.38	1.90	$45,255
Dec 1998	0	14,127	9.20	1.77	$25,052
Nov 1998	0	4,241	10.89	2.19	$9,270

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 2025 — as filed, then multipliedworked

Condensate             0 bbl  × $ 62.36 =         $0
Gas                   45 Mcf  × $  3.54 =       $159

────────────────────────────────────────────────────
Month total                                     $159

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/174358 is the state's own key, not one this site invented.