FOSTER, J. R.

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

Operated by FOSTER ENERGY COMPANY (P-5 279202) in the HAGIST RANCH ( ARGO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1178District 04Field 37993037OilCasinghead gasSave Export

Value, all time

$688 k

Jan 1993 – Sep 2024

Value, last 12 filed months

$25 k

at the published price for each month

Months reported

381

no gaps in the span

Streams

oil, casinghead gas

The HAGIST RANCH ( ARGO) 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 13 leases and 75 wells, and the rule below applies to all of them.

Discovered

1953-10-11

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: “CORRECTED ACRES IN FIELD RULES 6/30/94.”

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
Oil	Disposition	14,274 bbl	$686,429
Casinghead gas	Production	376 Mcf	$1,403
Total			$687,832

48 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 28.0135, -98.6031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01354, -98.60311 · 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

1,901 ft

1 wells filed one

Completion to plug

69.2 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 1,901 ft.

Completions filed

Mar 1955

1 of 1 wells

Plug dates filed

May 2024

1 of 1 wells

Last completion to plug: a median of 69.2 years across the 1 well that filed both dates, with the middle half between 69.2 years and 69.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13100181	B 4	1,901 ft	Mar 1955	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 (381)

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

381 months


Sep 2024	0	0	69.61	2.36	$0
Aug 2024	0	0	75.63	2.06	$0
Jul 2024	0	0	79.93	2.15	$0
Jun 2024	0	0	78.08	2.63	$0
May 2024	137	1	78.81	2.20	$10,799
Apr 2024	0	1	84.45	1.66	$2
Mar 2024	0	1	80.30	1.55	$2
Feb 2024	0	1	76.09	1.78	$2
Jan 2024	0	1	73.02	3.30	$3
Dec 2023	0	1	71.26	2.61	$3
Nov 2023	0	1	77.89	2.81	$3
Oct 2023	163	1	85.44	3.09	$13,930
Sep 2023	0	1	89.04	2.74	$3
Aug 2023	0	1	80.52	2.67	$3
Jul 2023	0	1	74.85	2.64	$3
Jun 2023	0	1	68.96	2.26	$2
May 2023	165	1	70.62	2.23	$11,655
Apr 2023	0	1	78.12	2.24	$2
Mar 2023	0	1	72.85	2.39	$2
Feb 2023	0	1	75.11	2.47	$2
Jan 2023	0	1	76.53	3.39	$3
Dec 2022	164	1	76.41	5.73	$12,537
Nov 2022	0	1	85.00	5.65	$6
Oct 2022	0	1	87.18	5.86	$6
Sep 2022	0	1	84.88	8.16	$8
Aug 2022	0	1	94.52	9.13	$9
Jul 2022	0	1	101.58	7.54	$8
Jun 2022	169	1	115.09	7.98	$19,458
May 2022	0	1	109.37	8.43	$8
Apr 2022	0	1	104.22	6.84	$7
Mar 2022	0	1	108.88	5.08	$5
Feb 2022	0	1	91.05	4.86	$5
Jan 2022	163	1	81.84	4.54	$13,344
Dec 2021	0	1	71.32	3.90	$4
Nov 2021	0	1	77.43	5.24	$5
Oct 2021	0	1	79.79	5.71	$6
Sep 2021	0	1	69.86	5.35	$5
Aug 2021	0	1	66.02	4.22	$4
Jul 2021	0	1	70.78	3.98	$4
Jun 2021	164	1	69.49	3.38	$11,400
May 2021	0	1	63.48	3.02	$3
Apr 2021	0	1	60.36	2.76	$3
Mar 2021	0	1	61.30	2.72	$3
Feb 2021	0	1	57.80	5.55	$6
Jan 2021	0	1	50.41	2.81	$3
Dec 2020	0	1	44.64	2.68	$3
Nov 2020	0	1	38.77	2.71	$3
Oct 2020	0	1	36.97	2.48	$2
Sep 2020	0	1	37.09	1.99	$2
Aug 2020	163	1	39.98	2.39	$6,519
Jul 2020	0	1	38.37	1.83	$2
Jun 2020	0	1	34.90	1.69	$2
May 2020	0	1	16.92	1.81	$2
Apr 2020	0	1	14.75	1.80	$2
Mar 2020	0	1	30.34	1.86	$2
Feb 2020	154	1	49.88	1.98	$7,684
Jan 2020	0	1	57.25	2.09	$2
Dec 2019	0	1	59.01	2.30	$2
Nov 2019	0	1	55.30	2.75	$3
Oct 2019	0	1	53.47	2.42	$2
Sep 2019	164	1	55.05	2.66	$9,031
Aug 2019	0	1	53.11	2.30	$2
Jul 2019	0	1	56.27	2.46	$2
Jun 2019	0	1	52.78	2.49	$2
May 2019	0	1	58.48	2.74	$3
Apr 2019	0	1	62.63	2.75	$3
Mar 2019	0	1	56.80	3.06	$3
Feb 2019	158	1	50.85	2.79	$8,037
Jan 2019	0	1	46.03	3.23	$3
Dec 2018	0	1	46.59	4.19	$4
Nov 2018	0	1	52.93	4.24	$4
Oct 2018	0	1	61.44	3.40	$3
Sep 2018	0	1	59.54	3.11	$3
Aug 2018	0	1	59.40	3.07	$3
Jul 2018	169	1	65.14	2.93	$11,012
Jun 2018	0	1	60.18	3.08	$3
May 2018	0	1	65.38	2.90	$3
Apr 2018	0	1	63.84	2.90	$3
Mar 2018	0	1	61.22	2.79	$3
Feb 2018	170	1	61.78	2.77	$10,505
Jan 2018	0	1	62.87	4.01	$4
Dec 2017	0	1	57.27	2.92	$3
Nov 2017	0	1	55.42	3.12	$3
Oct 2017	0	1	49.29	2.98	$3
Sep 2017	167	1	47.52	3.09	$7,939
Aug 2017	0	1	45.37	3.00	$3
Jul 2017	0	1	43.87	3.09	$3
Jun 2017	0	1	42.49	3.09	$3
May 2017	0	1	45.37	3.26	$3
Apr 2017	168	1	47.93	3.21	$8,055
Mar 2017	0	1	46.77	2.98	$3
Feb 2017	0	1	50.45	2.95	$3
Jan 2017	0	1	49.41	3.42	$3
Dec 2016	165	1	48.76	3.72	$8,049
Nov 2016	0	1	42.49	2.64	$3
Oct 2016	0	1	46.19	3.09	$3
Sep 2016	0	1	41.55	3.10	$3
Aug 2016	0	1	41.44	2.92	$3
Jul 2016	0	1	41.62	2.92	$3
Jun 2016	171	1	45.35	2.69	$7,758
May 2016	0	1	42.52	1.99	$2
Apr 2016	0	1	36.56	1.99	$2
Mar 2016	0	1	33.01	1.79	$2
Feb 2016	0	1	26.47	2.06	$2
Jan 2016	173	1	27.35	2.36	$4,734
Dec 2015	0	1	32.36	2.00	$2
Nov 2015	0	1	38.79	2.17	$2
Oct 2015	0	1	43.55	2.43	$2
Sep 2015	0	1	42.99	2.76	$3
Aug 2015	160	1	40.16	2.87	$6,428
Jul 2015	0	1	48.15	2.95	$3
Jun 2015	0	1	56.15	2.88	$3
May 2015	0	1	55.21	2.96	$3
Apr 2015	0	1	49.82	2.71	$3
Mar 2015	176	1	42.89	2.93	$7,552
Feb 2015	0	1	44.66	2.98	$3
Jan 2015	0	1	43.43	3.10	$3
Dec 2014	0	1	54.69	3.59	$4
Nov 2014	164	1	70.46	4.25	$11,560
Oct 2014	0	1	78.30	3.90	$4
Sep 2014	0	1	86.16	4.05	$4
Aug 2014	0	1	89.39	4.04	$4
Jul 2014	0	1	96.56	4.18	$4
Jun 2014	183	1	98.16	4.74	$17,968
May 2014	0	1	94.73	4.73	$5
Apr 2014	0	1	95.94	4.81	$5
Mar 2014	0	1	95.89	5.06	$5
Feb 2014	177	1	97.40	6.19	$17,246
Jan 2014	0	1	90.40	4.86	$5
Dec 2013	0	1	91.82	4.35	$4
Nov 2013	0	1	88.85	3.74	$4
Oct 2013	179	1	97.42	3.78	$17,442
Sep 2013	0	1	104.11	3.72	$4
Aug 2013	0	1	104.25	3.52	$4
Jul 2013	0	1	102.52	3.72	$4
Jun 2013	0	1	94.40	3.93	$4
May 2013	164	1	94.83	4.15	$15,556
Apr 2013	0	1	93.96	4.28	$4
Mar 2013	0	1	93.62	3.91	$4
Feb 2013	166	1	91.23	3.42	$15,148
Jan 2013	0	1	91.60	3.42	$3
Dec 2012	0	1	86.77	3.42	$3
Nov 2012	165	1	86.95	3.62	$14,350
Oct 2012	0	1	89.38	3.40	$3
Sep 2012	0	1	94.67	2.92	$3
Aug 2012	0	1	92.66	2.91	$3
Jul 2012	171	1	85.13	3.02	$14,560
Jun 2012	0	1	79.82	2.52	$3
May 2012	0	1	91.61	2.49	$2
Apr 2012	160	1	101.65	2.00	$16,266
Mar 2012	0	1	105.05	2.22	$2
Feb 2012	0	1	101.10	2.57	$3
Jan 2012	167	1	98.09	2.73	$16,384
Dec 2011	0	1	96.87	3.24	$3
Nov 2011	0	1	95.72	3.31	$3
Oct 2011	0	1	84.98	3.65	$4
Sep 2011	0	1	83.62	3.99	$4
Aug 2011	167	1	83.40	4.15	$13,932
Jul 2011	0	1	94.14	4.52	$5
Jun 2011	0	1	92.90	4.64	$5
May 2011	0	1	98.13	4.40	$4
Apr 2011	0	1	105.96	4.33	$4
Mar 2011	0	1	96.36	4.06	$4
Feb 2011	173	1	85.64	4.18	$14,820
Jan 2011	0	1	86.50	4.59	$5
Dec 2010	0	1	85.73	4.35	$4
Nov 2010	0	1	80.84	3.80	$4
Oct 2010	0	1	78.10	3.51	$4
Sep 2010	0	1	72.63	3.98	$4
Aug 2010	167	1	73.68	4.42	$12,309
Jul 2010	0	1	72.55	4.74	$5
Jun 2010	0	1	70.36	4.91	$5
May 2010	0	1	71.12	4.24	$4
Apr 2010	0	1	81.69	4.12	$4
Mar 2010	182	1	78.39	4.39	$14,271
Feb 2010	0	1	73.58	5.44	$5
Jan 2010	0	1	74.36	5.96	$6
Dec 2009	0	1	71.44	5.48	$5
Nov 2009	0	1	74.59	3.75	$4
Oct 2009	0	1	72.54	4.11	$4
Sep 2009	173	1	65.54	3.06	$11,341
Aug 2009	0	1	67.42	3.22	$3
Jul 2009	0	1	61.13	3.46	$3
Jun 2009	0	1	66.16	3.90	$4
May 2009	0	1	54.74	3.93	$4
Apr 2009	175	1	46.77	3.59	$8,188
Mar 2009	0	1	42.14	4.06	$4
Feb 2009	0	1	32.81	4.63	$5
Jan 2009	0	1	35.86	5.37	$5
Dec 2008	169	1	37.10	5.98	$6,276
Nov 2008	0	1	55.49	6.86	$7
Oct 2008	0	1	75.24	6.92	$7
Sep 2008	0	1	101.76	7.88	$8
Aug 2008	0	1	114.22	8.48	$8
Jul 2008	0	1	131.08	11.39	$11
Jun 2008	173	1	131.33	13.03	$22,733
May 2008	0	1	123.17	11.57	$12
Apr 2008	0	1	110.31	10.45	$10
Mar 2008	0	1	101.90	9.66	$10
Feb 2008	0	1	92.53	8.77	$9
Jan 2008	174	1	90.38	8.21	$15,734
Dec 2007	0	1	88.33	7.30	$7
Nov 2007	0	1	91.67	7.29	$7
Oct 2007	0	1	82.85	6.92	$7
Sep 2007	0	1	75.84	6.24	$6
Aug 2007	169	1	69.06	6.39	$11,678
Jul 2007	0	1	70.90	6.39	$6
Jun 2007	0	1	62.00	7.55	$8
May 2007	0	1	58.74	7.85	$8
Apr 2007	180	1	59.61	7.81	$10,738
Mar 2007	0	1	56.92	7.30	$7
Feb 2007	0	1	55.10	8.22	$8
Jan 2007	0	1	50.30	6.73	$7
Dec 2006	0	1	56.65	6.92	$7
Nov 2006	0	1	54.20	7.62	$8
Oct 2006	183	1	54.90	6.01	$10,053
Sep 2006	0	1	60.08	5.04	$5
Aug 2006	0	1	68.71	7.34	$7
Jul 2006	0	1	69.37	6.34	$6
Jun 2006	0	1	66.28	6.38	$6
May 2006	176	1	66.01	6.42	$11,624
Apr 2006	0	1	64.39	7.36	$7
Mar 2006	0	1	56.70	7.08	$7
Feb 2006	0	1	57.59	7.75	$8
Jan 2006	0	1	60.59	8.93	$9
Dec 2005	173	1	54.94	13.42	$9,518
Nov 2005	0	1	54.69	10.59	$11
Oct 2005	0	1	58.34	13.80	$14
Sep 2005	0	1	61.45	12.08	$12
Aug 2005	174	1	61.51	9.80	$10,713
Jul 2005	0	1	55.69	7.84	$8
Jun 2005	0	1	52.33	7.38	$7
May 2005	0	1	45.22	6.65	$7
Apr 2005	182	1	49.20	7.36	$8,962
Mar 2005	0	1	50.37	7.15	$7
Feb 2005	0	1	45.22	6.31	$6
Jan 2005	0	1	43.16	6.32	$6
Dec 2004	0	1	39.86	6.75	$7
Nov 2004	173	1	45.28	6.33	$7,840
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	1	43.24	5.28	$5
Aug 2004	0	1	42.37	5.55	$6
Jul 2004	166	1	38.28	6.08	$6,361
Jun 2004	0	1	36.10	6.43	$6
May 2004	0	1	37.48	6.49	$6
Apr 2004	0	1	34.47	5.86	$6
Mar 2004	170	1	34.36	5.53	$5,847
Feb 2004	0	1	32.45	5.51	$6
Jan 2004	0	1	32.03	6.30	$6
Dec 2003	0	1	30.26	6.30	$6
Nov 2003	165	1	28.80	4.60	$4,757
Oct 2003	0	1	28.17	4.76	$5
Sep 2003	0	1	26.31	4.75	$5
Aug 2003	171	1	29.76	5.13	$5,094
Jul 2003	0	1	29.41	5.17	$5
Jun 2003	0	1	28.56	5.98	$6
May 2003	0	1	26.59	5.97	$6
Apr 2003	0	1	26.67	5.41	$5
Mar 2003	0	1	31.14	6.10	$6
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	117	1	30.31	5.58	$3,552
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	150	1	24.66	4.14	$3,703
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	134	1	27.44	3.64	$3,681
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	0	1	24.58	3.06	$3
Jun 2002	129	1	23.73	3.34	$3,065
May 2002	0	1	24.66	3.58	$4
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	134	1	22.00	3.10	$2,951
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	0	1	17.17	2.38	$2
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	137	1	18.07	2.41	$2,478
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	147	1	24.87	3.05	$3,659
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	0	1	24.56	3.82	$4
May 2001	122	1	25.52	4.31	$3,118
Apr 2001	0	1	24.68	5.34	$5
Mar 2001	0	1	24.54	5.38	$5
Feb 2001	148	1	27.75	5.77	$4,113
Jan 2001	0	1	27.47	8.40	$8
Dec 2000	0	1	26.88	9.12	$9
Nov 2000	148	1	32.21	5.66	$4,773
Oct 2000	0	1	31.23	5.15	$5
Sep 2000	0	1	31.87	5.19	$5
Aug 2000	147	1	29.64	4.54	$4,362
Jul 2000	0	1	28.53	4.09	$4
Jun 2000	0	1	29.30	4.40	$4
May 2000	126	1	27.26	3.68	$3,438
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	151	1	27.62	2.73	$4,173
Jan 2000	0	1	25.27	2.48	$2
Dec 1999	143	1	24.28	2.42	$3,474
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	0	1	20.98	2.80	$3
Sep 1999	153	1	21.75	2.62	$3,330
Aug 1999	0	1	19.26	2.88	$3
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	0	1	15.94	2.36	$2
May 1999	0	1	15.79	2.32	$2
Apr 1999	0	1	15.10	2.21	$2
Mar 1999	0	1	12.47	1.84	$2
Feb 1999	153	1	9.98	1.82	$1,529
Jan 1999	0	1	10.38	1.90	$2
Dec 1998	0	1	9.20	1.77	$2
Nov 1998	156	1	10.89	2.19	$1,701
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	0	1	12.59	2.08	$2
Aug 1998	154	1	11.30	1.91	$1,742
Jul 1998	0	1	11.74	2.24	$2
Jun 1998	0	1	11.24	2.24	$2
May 1998	155	1	12.62	2.21	$1,958
Apr 1998	0	1	13.04	2.51	$3
Mar 1998	0	1	12.80	2.31	$2
Feb 1998	0	1	13.95	2.30	$2
Jan 1998	155	1	14.70	2.15	$2,281
Dec 1997	0	1	16.32	2.41	$2
Nov 1997	0	1	18.19	3.09	$3
Oct 1997	157	1	19.25	3.15	$3,025
Sep 1997	0	1	17.74	2.95	$3
Aug 1997	0	1	17.86	2.55	$3
Jul 1997	0	1	17.58	2.25	$2
Jun 1997	156	1	17.24	2.26	$2,692
May 1997	0	1	18.97	2.31	$2
Apr 1997	0	1	17.88	2.08	$2
Mar 1997	155	1	18.95	1.94	$2,939
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	0	1	23.32	—	$0
Nov 1996	154	1	21.97	—	$3,383
Oct 1996	0	1	23.31	—	$0
Sep 1996	0	1	22.22	—	$0
Aug 1996	154	1	20.26	—	$3,120
Jul 1996	0	1	19.55	—	$0
Jun 1996	0	1	18.73	—	$0
May 1996	0	1	19.43	—	$0
Apr 1996	154	1	21.51	—	$3,313
Mar 1996	0	1	19.38	—	$0
Feb 1996	0	1	16.98	—	$0
Jan 1996	0	1	17.07	—	$0
Dec 1995	155	1	17.19	—	$2,664
Nov 1995	0	1	16.00	—	$0
Oct 1995	155	1	15.43	—	$2,392
Sep 1995	0	1	16.18	—	$0
Aug 1995	0	1	15.92	—	$0
Jul 1995	0	1	15.24	—	$0
Jun 1995	154	1	16.41	—	$2,527
May 1995	0	1	17.56	—	$0
Apr 1995	0	1	17.73	—	$0
Mar 1995	155	1	16.44	—	$2,548
Feb 1995	0	1	16.58	—	$0
Jan 1995	0	1	15.92	—	$0
Dec 1994	154	1	15.03	—	$2,315
Nov 1994	0	1	15.90	—	$0
Oct 1994	0	1	15.58	—	$0
Sep 1994	0	1	15.29	—	$0
Aug 1994	0	1	16.13	—	$0
Jul 1994	154	1	17.56	—	$2,704
Jun 1994	0	1	17.09	—	$0
May 1994	0	1	15.88	—	$0
Apr 1994	0	1	14.14	—	$0
Mar 1994	156	1	12.46	—	$1,944
Feb 1994	0	1	12.50	—	$0
Jan 1994	0	1	12.66	—	$0
Dec 1993	156	1	12.33	—	$1,923
Nov 1993	0	1	14.49	—	$0
Oct 1993	155	1	15.85	—	$2,457
Sep 1993	0	1	15.03	—	$0
Aug 1993	0	1	15.66	—	$0
Jul 1993	156	1	15.46	—	$2,412
Jun 1993	0	1	16.79	—	$0
May 1993	0	1	17.68	—	$0
Apr 1993	158	1	18.05	—	$2,852
Mar 1993	0	1	18.14	—	$0
Feb 1993	0	1	17.90	—	$0
Jan 1993	163	1	16.93	—	$2,760

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 2024 — as filed, then multipliedworked

Oil                  137 bbl  × $ 78.81 =    $10,797
Casinghead gas         1 Mcf  × $  2.20 =         $2

────────────────────────────────────────────────────
Month total                                  $10,799

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/O/1178 is the state's own key, not one this site invented.