BENTSEN BROS. - STATE

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

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

Gas lease lease 76318District 04Field 50700620NGPA filingCondensateGasSave Export

Value, all time

$38.0 M

Jan 1993 – Mar 2020

Value, last 12 filed months

$854

at the published price for each month

Months reported

327

no gaps in the span

Streams

condensate, gas

The LA COPITA (VICKSBURG 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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered

1995-04-25

as the register files it

Field class

Gas

the register's own label

Between wells

600 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-03-28.

The Commission's schedule remark for this field reads: “TEST, THE PREVIOUS TEST MUST BE USED.”

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	2	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	169,430 bbl	$4,622,558
Gas	Production	12,725,135 Mcf	$33,405,564
Total			$38,028,122

4,269,076 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 26.5713, -98.5093. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.57128, -98.50935 · 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

10,400 ft

1 wells filed one

Completion to plug

25.2 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 10,400 ft.

Completions filed

Jan 1995

1 of 1 wells

Plug dates filed

Mar 2020

1 of 1 wells

Last completion to plug: a median of 25.2 years across the 1 well that filed both dates, with the middle half between 25.2 years and 25.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-42731227	7	10,400 ft	Jan 1995	Mar 2020	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 (327)

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

327 months


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	75	53.47	2.42	$181
Sep 2019	0	15	55.05	2.66	$40
Aug 2019	0	13	53.11	2.30	$30
Jul 2019	0	95	56.27	2.46	$234
Jun 2019	0	148	52.78	2.49	$369
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	51	46.03	3.23	$165
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	30	45.37	3.26	$98
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	5	46.77	2.98	$15
Feb 2017	0	135	50.45	2.95	$399
Jan 2017	0	453	49.41	3.42	$1,549
Dec 2016	1	569	48.76	3.72	$2,167
Nov 2016	5	1,198	42.49	2.64	$3,380
Oct 2016	2	326	46.19	3.09	$1,100
Sep 2016	3	812	41.55	3.10	$2,642
Aug 2016	0	88	41.44	2.92	$257
Jul 2016	0	52	41.62	2.92	$152
Jun 2016	0	4	45.35	2.69	$11
May 2016	0	0	42.52	1.99	$0
Apr 2016	2	475	36.56	1.99	$1,019
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	1	268	26.47	2.06	$580
Jan 2016	3	678	27.35	2.36	$1,685
Dec 2015	1	340	32.36	2.00	$713
Nov 2015	1	258	38.79	2.17	$598
Oct 2015	10	402	43.55	2.43	$1,411
Sep 2015	91	8,474	42.99	2.76	$27,287
Aug 2015	86	7,920	40.16	2.87	$26,204
Jul 2015	112	8,452	48.15	2.95	$30,285
Jun 2015	195	11,841	56.15	2.88	$45,085
May 2015	189	12,480	55.21	2.96	$47,319
Apr 2015	183	11,885	49.82	2.71	$41,285
Mar 2015	235	14,832	42.89	2.93	$53,607
Feb 2015	190	11,801	44.66	2.98	$43,607
Jan 2015	207	12,603	43.43	3.10	$48,067
Dec 2014	230	13,624	54.69	3.59	$61,507
Nov 2014	200	12,755	70.46	4.25	$68,324
Oct 2014	256	16,549	78.30	3.90	$84,602
Sep 2014	235	15,089	86.16	4.05	$81,289
Aug 2014	263	15,852	89.39	4.04	$87,474
Jul 2014	235	16,454	96.56	4.18	$91,463
Jun 2014	250	17,691	98.16	4.74	$108,340
May 2014	310	19,508	94.73	4.73	$121,572
Apr 2014	294	17,839	95.94	4.81	$113,996
Mar 2014	317	19,043	95.89	5.06	$126,694
Feb 2014	262	15,452	97.40	6.19	$121,198
Jan 2014	307	18,149	90.40	4.86	$115,970
Dec 2013	267	15,484	91.82	4.35	$91,941
Nov 2013	175	11,810	88.85	3.74	$59,698
Oct 2013	278	18,434	97.42	3.78	$96,751
Sep 2013	260	17,966	104.11	3.72	$93,862
Aug 2013	280	19,596	104.25	3.52	$98,219
Jul 2013	298	20,426	102.52	3.72	$106,490
Jun 2013	275	20,711	94.40	3.93	$107,425
May 2013	305	20,112	94.83	4.15	$112,369
Apr 2013	288	18,991	93.96	4.28	$108,391
Mar 2013	145	9,334	93.62	3.91	$50,098
Feb 2013	0	1	91.23	3.42	$3
Jan 2013	0	2	91.60	3.42	$7
Dec 2012	8	487	86.77	3.42	$2,360
Nov 2012	1	0	86.95	3.62	$87
Oct 2012	32	1,674	89.38	3.40	$8,551
Sep 2012	135	7,796	94.67	2.92	$35,532
Aug 2012	251	15,576	92.66	2.91	$68,555
Jul 2012	206	11,854	85.13	3.02	$53,345
Jun 2012	305	19,026	79.82	2.52	$72,272
May 2012	287	18,305	91.61	2.49	$71,841
Apr 2012	256	17,245	101.65	2.00	$60,457
Mar 2012	62	8,989	105.05	2.22	$26,487
Feb 2012	282	17,406	101.10	2.57	$73,248
Jan 2012	309	18,488	98.09	2.73	$80,857
Dec 2011	273	15,664	96.87	3.24	$77,193
Nov 2011	267	17,072	95.72	3.31	$82,087
Oct 2011	282	18,313	84.98	3.65	$90,780
Sep 2011	266	18,183	83.62	3.99	$94,717
Aug 2011	259	18,333	83.40	4.15	$97,670
Jul 2011	294	21,353	94.14	4.52	$124,134
Jun 2011	301	19,506	92.90	4.64	$118,468
May 2011	315	21,365	98.13	4.40	$125,020
Apr 2011	11	26,310	105.96	4.33	$115,174
Mar 2011	7	13,324	96.36	4.06	$54,735
Feb 2011	9	14,546	85.64	4.18	$61,573
Jan 2011	14	16,828	86.50	4.59	$78,431
Dec 2010	15	17,261	85.73	4.35	$76,332
Nov 2010	14	20,435	80.84	3.80	$78,689
Oct 2010	17	23,684	78.10	3.51	$84,432
Sep 2010	164	16,479	72.63	3.98	$77,489
Aug 2010	222	27,105	73.68	4.42	$136,144
Jul 2010	181	21,385	72.55	4.74	$114,421
Jun 2010	220	28,704	70.36	4.91	$156,427
May 2010	308	30,459	71.12	4.24	$150,906
Apr 2010	287	35,334	81.69	4.12	$169,116
Mar 2010	389	33,346	78.39	4.39	$176,838
Feb 2010	315	31,756	73.58	5.44	$196,005
Jan 2010	247	23,416	74.36	5.96	$158,022
Dec 2009	342	35,004	71.44	5.48	$216,386
Nov 2009	373	38,443	74.59	3.75	$172,041
Oct 2009	203	19,280	72.54	4.11	$93,971
Sep 2009	162	29,754	65.54	3.06	$101,806
Aug 2009	215	32,520	67.42	3.22	$119,161
Jul 2009	229	33,069	61.13	3.46	$128,566
Jun 2009	249	33,272	66.16	3.90	$146,068
May 2009	290	32,403	54.74	3.93	$143,081
Apr 2009	91	29,939	46.77	3.59	$111,662
Mar 2009	82	34,321	42.14	4.06	$142,764
Feb 2009	82	31,857	32.81	4.63	$150,284
Jan 2009	92	35,745	35.86	5.37	$195,286
Dec 2008	74	35,583	37.10	5.98	$215,430
Nov 2008	66	39,490	55.49	6.86	$274,578
Oct 2008	60	36,602	75.24	6.92	$257,873
Sep 2008	76	11,868	101.76	7.88	$101,219
Aug 2008	401	50,141	114.22	8.48	$471,149
Jul 2008	481	46,684	131.08	11.39	$594,754
Jun 2008	522	50,470	131.33	13.03	$726,311
May 2008	226	19,936	123.17	11.57	$258,581
Apr 2008	13	1,377	110.31	10.45	$15,830
Mar 2008	34	3,510	101.90	9.66	$37,385
Feb 2008	175	20,135	92.53	8.77	$192,788
Jan 2008	137	23,114	90.38	8.21	$202,049
Dec 2007	203	24,438	88.33	7.30	$196,377
Nov 2007	308	24,101	91.67	7.29	$203,972
Oct 2007	50	8,325	82.85	6.92	$61,768
Sep 2007	73	18,704	75.84	6.24	$122,327
Aug 2007	115	25,748	69.06	6.39	$172,419
Jul 2007	131	23,995	70.90	6.39	$162,567
Jun 2007	188	24,853	62.00	7.55	$199,258
May 2007	69	9,278	58.74	7.85	$76,851
Apr 2007	51	7,858	59.61	7.81	$64,373
Mar 2007	187	27,255	56.92	7.30	$209,659
Feb 2007	167	23,753	55.10	8.22	$204,356
Jan 2007	315	28,918	50.30	6.73	$210,372
Dec 2006	324	28,474	56.65	6.92	$215,350
Nov 2006	258	26,614	54.20	7.62	$216,715
Oct 2006	253	30,490	54.90	6.01	$197,250
Sep 2006	240	29,706	60.08	5.04	$164,054
Aug 2006	238	30,370	68.71	7.34	$239,266
Jul 2006	122	31,696	69.37	6.34	$209,503
Jun 2006	118	32,820	66.28	6.38	$217,340
May 2006	134	33,913	66.01	6.42	$226,736
Apr 2006	144	34,340	64.39	7.36	$262,031
Mar 2006	86	18,567	56.70	7.08	$136,385
Feb 2006	88	19,773	57.59	7.75	$158,331
Jan 2006	80	14,798	60.59	8.93	$137,042
Dec 2005	70	14,976	54.94	13.42	$204,755
Nov 2005	79	17,262	54.69	10.59	$187,097
Oct 2005	92	20,759	58.34	13.80	$291,753
Sep 2005	79	17,974	61.45	12.08	$221,963
Aug 2005	93	19,177	61.51	9.80	$193,594
Jul 2005	68	17,631	55.69	7.84	$142,078
Jun 2005	74	18,997	52.33	7.38	$144,090
May 2005	80	19,178	45.22	6.65	$131,174
Apr 2005	81	17,636	49.20	7.36	$133,795
Mar 2005	80	18,598	50.37	7.15	$137,096
Feb 2005	167	16,842	45.22	6.31	$113,857
Jan 2005	138	12,515	43.16	6.32	$85,078
Dec 2004	38	4,000	39.86	6.75	$28,519
Nov 2004	0	12,318	45.28	6.33	$77,978
Oct 2004	0	19,452	49.70	6.52	$126,732
Sep 2004	0	19,042	43.24	5.28	$100,616
Aug 2004	0	19,464	42.37	5.55	$108,038
Jul 2004	0	10,477	38.28	6.08	$63,744
Jun 2004	8	18,201	36.10	6.43	$117,376
May 2004	402	19,321	37.48	6.49	$140,549
Apr 2004	358	15,840	34.47	5.86	$105,138
Mar 2004	480	20,396	34.36	5.53	$129,286
Feb 2004	56	14,931	32.45	5.51	$84,081
Jan 2004	60	11,637	32.03	6.30	$75,231
Dec 2003	132	14,469	30.26	6.30	$95,173
Nov 2003	90	10,697	28.80	4.60	$51,746
Oct 2003	56	7,617	28.17	4.76	$37,832
Sep 2003	61	8,182	26.31	4.75	$40,464
Aug 2003	103	14,825	29.76	5.13	$79,113
Jul 2003	205	16,081	29.41	5.17	$89,181
Jun 2003	248	16,591	28.56	5.98	$106,346
May 2003	213	17,106	26.59	5.97	$107,832
Apr 2003	200	16,650	26.67	5.41	$95,365
Mar 2003	236	17,359	31.14	6.10	$113,170
Feb 2003	240	15,600	33.48	7.93	$131,679
Jan 2003	293	16,237	30.31	5.58	$99,516
Dec 2002	240	17,334	26.91	4.85	$90,593
Nov 2002	269	16,060	24.66	4.14	$73,073
Oct 2002	146	9,806	26.46	4.23	$45,334
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	8	0	25.96	3.16	$208
Jul 2002	420	36,800	24.58	3.06	$122,996
Jun 2002	856	78,204	23.73	3.34	$281,377
May 2002	1,021	85,716	24.66	3.58	$332,384
Apr 2002	1,155	95,767	23.65	3.51	$363,680
Mar 2002	1,452	103,619	22.00	3.10	$353,445
Feb 2002	1,295	89,296	18.22	2.38	$235,734
Jan 2002	1,016	99,919	17.17	2.38	$254,820
Dec 2001	852	90,100	16.93	2.36	$227,457
Nov 2001	865	95,438	18.07	2.41	$245,209
Oct 2001	992	104,277	19.78	2.53	$283,326
Sep 2001	1,232	109,793	24.26	2.25	$277,068
Aug 2001	1,536	129,464	24.87	3.05	$433,475
Jul 2001	2,275	127,905	23.93	3.20	$463,363
Jun 2001	1,331	135,174	24.56	3.82	$549,616
May 2001	1,613	150,395	25.52	4.31	$688,963
Apr 2001	1,219	87,675	24.68	5.34	$497,859
Mar 2001	0	52,671	24.54	5.38	$283,182
Feb 2001	15	34,844	27.75	5.77	$201,364
Jan 2001	722	46,379	27.47	8.40	$409,359
Dec 2000	859	52,166	26.88	9.12	$498,974
Nov 2000	680	51,262	32.21	5.66	$311,943
Oct 2000	836	54,403	31.23	5.15	$306,039
Sep 2000	789	49,650	31.87	5.19	$282,655
Aug 2000	885	54,304	29.64	4.54	$272,812
Jul 2000	759	57,207	28.53	4.09	$255,617
Jun 2000	881	57,943	29.30	4.40	$280,603
May 2000	889	60,021	27.26	3.68	$245,096
Apr 2000	1,019	60,121	24.51	3.12	$212,313
Mar 2000	1,149	71,346	28.42	2.86	$236,686
Feb 2000	630	42,576	27.62	2.73	$133,484
Jan 2000	478	58,254	25.27	2.48	$156,578
Dec 1999	492	59,138	24.28	2.42	$155,280
Nov 1999	501	62,673	23.19	2.43	$164,164
Oct 1999	501	58,833	20.98	2.80	$175,462
Sep 1999	249	35,101	21.75	2.62	$97,340
Aug 1999	360	64,252	19.26	2.88	$191,697
Jul 1999	1,056	65,561	17.89	2.37	$174,427
Jun 1999	1,133	64,847	15.94	2.36	$171,235
May 1999	1,066	69,479	15.79	2.32	$178,094
Apr 1999	1,076	59,084	15.10	2.21	$146,708
Mar 1999	1,379	68,688	12.47	1.84	$143,467
Feb 1999	1,368	59,761	9.98	1.82	$122,286
Jan 1999	1,454	70,307	10.38	1.90	$148,672
Dec 1998	1,471	70,008	9.20	1.77	$137,680
Nov 1998	1,609	76,126	10.89	2.19	$183,912
Oct 1998	1,493	81,486	12.42	1.97	$179,006
Sep 1998	1,413	77,929	12.59	2.08	$180,086
Aug 1998	1,305	82,732	11.30	1.91	$172,545
Jul 1998	1,099	86,273	11.74	2.24	$205,918
Jun 1998	1,180	84,636	11.24	2.24	$202,617
May 1998	1,271	90,894	12.62	2.21	$216,583
Apr 1998	1,395	89,910	13.04	2.51	$243,445
Mar 1998	1,534	90,625	12.80	2.31	$228,928
Feb 1998	1,434	85,084	13.95	2.30	$215,623
Jan 1998	2,819	93,525	14.70	2.15	$242,966
Dec 1997	0	91,353	16.32	2.41	$220,261
Nov 1997	1,919	94,591	18.19	3.09	$327,028
Oct 1997	1,959	96,774	19.25	3.15	$342,531
Sep 1997	1,452	87,299	17.74	2.95	$283,717
Aug 1997	1,294	98,765	17.86	2.55	$275,430
Jul 1997	913	106,996	17.58	2.25	$256,464
Jun 1997	889	106,072	17.24	2.26	$254,752
May 1997	941	110,830	18.97	2.31	$273,702
Apr 1997	1,118	116,167	17.88	2.08	$261,940
Mar 1997	1,261	110,956	18.95	1.94	$239,055
Feb 1997	915	105,089	20.49	2.21	$250,564
Jan 1997	769	102,327	23.48	3.54	$380,263
Dec 1996	843	92,654	23.32	—	$19,659
Nov 1996	1,420	99,986	21.97	—	$31,197
Oct 1996	1,424	122,720	23.31	—	$33,193
Sep 1996	1,318	121,308	22.22	—	$29,286
Aug 1996	1,635	132,160	20.26	—	$33,125
Jul 1996	1,284	138,787	19.55	—	$25,102
Jun 1996	1,513	141,221	18.73	—	$28,338
May 1996	1,709	157,819	19.43	—	$33,206
Apr 1996	1,760	170,187	21.51	—	$37,858
Mar 1996	2,633	175,537	19.38	—	$51,028
Feb 1996	3,106	176,159	16.98	—	$52,740
Jan 1996	653	193,345	17.07	—	$11,147
Dec 1995	643	183,582	17.19	—	$11,053
Nov 1995	723	186,223	16.00	—	$11,568
Oct 1995	808	198,091	15.43	—	$12,467
Sep 1995	1,289	196,514	16.18	—	$20,856
Aug 1995	1,805	186,222	15.92	—	$28,736
Jul 1995	5,776	244,520	15.24	—	$88,026
Jun 1995	6,162	239,753	16.41	—	$101,118
May 1995	6,078	236,373	17.56	—	$106,730
Apr 1995	6,852	266,773	17.73	—	$121,486
Mar 1995	7,256	249,403	16.44	—	$119,289
Feb 1995	7,053	213,594	16.58	—	$116,939
Jan 1995	1,493	32,085	15.92	—	$23,769
Dec 1994	41	2,008	15.03	—	$616
Nov 1994	118	4,789	15.90	—	$1,876
Oct 1994	81	3,279	15.58	—	$1,262
Sep 1994	111	5,433	15.29	—	$1,697
Aug 1994	101	4,139	16.13	—	$1,629
Jul 1994	272	5,275	17.56	—	$4,776
Jun 1994	290	5,044	17.09	—	$4,956
May 1994	325	4,924	15.88	—	$5,161
Apr 1994	334	4,748	14.14	—	$4,723
Mar 1994	346	4,444	12.46	—	$4,311
Feb 1994	332	4,993	12.50	—	$4,150
Jan 1994	361	4,780	12.66	—	$4,570
Dec 1993	350	4,581	12.33	—	$4,316
Nov 1993	80	5,374	14.49	—	$1,159
Oct 1993	99	5,257	15.85	—	$1,569
Sep 1993	84	5,574	15.03	—	$1,263
Aug 1993	87	5,612	15.66	—	$1,362
Jul 1993	85	5,345	15.46	—	$1,314
Jun 1993	84	4,475	16.79	—	$1,410
May 1993	76	5,026	17.68	—	$1,344
Apr 1993	85	4,897	18.05	—	$1,534
Mar 1993	112	4,999	18.14	—	$2,032
Feb 1993	285	4,275	17.90	—	$5,102
Jan 1993	328	4,789	16.93	—	$5,553

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.

Oct 2019 — as filed, then multipliedworked

Condensate             0 bbl  × $ 53.47 =         $0
Gas                   75 Mcf  × $  2.42 =       $181

────────────────────────────────────────────────────
Month total                                     $181

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/76318 is the state's own key, not one this site invented.