KERIS

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

Operated by HILLTEX OPERATING COMPANY, LLC (P-5 388861) in the BOX CHURCH (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 170281District 05Field 109741002 tax incentive programmesCondensateGasSave Export

Value, all time

$4.6 M

Sep 1998 – May 2026

Value, last 12 filed months

$21 k

at the published price for each month

Months reported

333

no gaps in the span

Streams

condensate, gas

The BOX CHURCH (COTTON VALLEY) 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 52 leases and 52 wells, and the rule below applies to all of them.

Discovered

1982-03-24

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 2008-05-29.

The Commission's schedule remark for this field reads: “WILL 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	1998-12-04	139765
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	2,903 bbl	$60,367
Gas	Production	1,229,510 Mcf	$4,507,527
Total			$4,567,894

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 31.4861, -96.4781. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48609, -96.47814 · 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

9,515 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 9,515 ft.

Completions filed

Sep 1998

1 of 1 wells

1 well


42-29331271	5	9,515 ft	Sep 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 (333)

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

333 months


May 2026	0	0	106.41	3.05	$0
Apr 2026	0	323	98.93	2.87	$927
Mar 2026	0	276	89.75	3.15	$869
Feb 2026	0	435	63.50	3.75	$1,631
Jan 2026	0	567	59.13	8.00	$4,535
Dec 2025	0	1,109	56.66	4.41	$4,894
Nov 2025	0	0	58.59	3.93	$0
Oct 2025	0	0	59.38	3.30	$0
Sep 2025	0	26	62.74	3.08	$80
Aug 2025	0	847	63.93	3.01	$2,554
Jul 2025	0	690	66.74	3.32	$2,287
Jun 2025	0	992	66.48	3.13	$3,104
May 2025	0	739	60.55	3.23	$2,389
Apr 2025	0	821	62.36	3.54	$2,909
Mar 2025	0	837	67.70	4.27	$3,573
Feb 2025	0	772	70.88	4.34	$3,351
Jan 2025	0	879	74.32	4.28	$3,761
Dec 2024	0	925	68.99	3.12	$2,887
Nov 2024	0	1,097	69.05	2.20	$2,412
Oct 2024	0	1,405	71.37	2.28	$3,205
Sep 2024	0	1,369	69.61	2.36	$3,237
Aug 2024	0	1,556	75.63	2.06	$3,211
Jul 2024	0	1,592	79.93	2.15	$3,417
Jun 2024	0	1,629	78.08	2.63	$4,291
May 2024	0	1,403	78.81	2.20	$3,084
Apr 2024	0	1,235	84.45	1.66	$2,049
Mar 2024	0	1,244	80.30	1.55	$1,922
Feb 2024	0	1,069	76.09	1.78	$1,907
Jan 2024	0	1,082	73.02	3.30	$3,568
Dec 2023	0	1,205	71.26	2.61	$3,146
Nov 2023	0	1,163	77.89	2.81	$3,265
Oct 2023	0	1,203	85.44	3.09	$3,714
Sep 2023	0	1,550	89.04	2.74	$4,239
Aug 2023	0	1,414	80.52	2.67	$3,779
Jul 2023	0	1,308	74.85	2.64	$3,455
Jun 2023	0	1,223	68.96	2.26	$2,762
May 2023	0	1,368	70.62	2.23	$3,047
Apr 2023	0	1,556	78.12	2.24	$3,482
Mar 2023	0	1,418	72.85	2.39	$3,394
Feb 2023	0	1,287	75.11	2.47	$3,173
Jan 2023	0	699	76.53	3.39	$2,368
Dec 2022	0	1,248	76.41	5.73	$7,150
Nov 2022	0	1,384	85.00	5.65	$7,814
Oct 2022	0	1,254	87.18	5.86	$7,353
Sep 2022	0	1,420	84.88	8.16	$11,592
Aug 2022	0	1,610	94.52	9.13	$14,695
Jul 2022	0	1,302	101.58	7.54	$9,820
Jun 2022	0	1,401	115.09	7.98	$11,176
May 2022	0	1,628	109.37	8.43	$13,729
Apr 2022	0	1,528	104.22	6.84	$10,448
Mar 2022	0	1,369	108.88	5.08	$6,950
Feb 2022	0	1,157	91.05	4.86	$5,622
Jan 2022	0	1,400	81.84	4.54	$6,353
Dec 2021	0	1,402	71.32	3.90	$5,467
Nov 2021	0	1,392	77.43	5.24	$7,290
Oct 2021	0	1,552	79.79	5.71	$8,868
Sep 2021	0	1,334	69.86	5.35	$7,138
Aug 2021	0	1,570	66.02	4.22	$6,626
Jul 2021	0	1,501	70.78	3.98	$5,977
Jun 2021	0	1,405	69.49	3.38	$4,750
May 2021	0	1,447	63.48	3.02	$4,367
Apr 2021	0	1,316	60.36	2.76	$3,630
Mar 2021	0	1,739	61.30	2.72	$4,725
Feb 2021	0	822	57.80	5.55	$4,560
Jan 2021	0	1,192	50.41	2.81	$3,350
Dec 2020	0	1,257	44.64	2.68	$3,363
Nov 2020	0	1,194	38.77	2.71	$3,232
Oct 2020	0	1,355	36.97	2.48	$3,358
Sep 2020	0	1,490	37.09	1.99	$2,967
Aug 2020	0	1,540	39.98	2.39	$3,673
Jul 2020	0	1,239	38.37	1.83	$2,261
Jun 2020	32	1,578	34.90	1.69	$3,784
May 2020	0	2,031	16.92	1.81	$3,686
Apr 2020	0	1,453	14.75	1.80	$2,622
Mar 2020	0	1,170	30.34	1.86	$2,172
Feb 2020	9	1,165	49.88	1.98	$2,756
Jan 2020	18	1,198	57.25	2.09	$3,540
Dec 2019	0	1,154	59.01	2.30	$2,659
Nov 2019	0	1,137	55.30	2.75	$3,128
Oct 2019	0	896	53.47	2.42	$2,167
Sep 2019	0	894	55.05	2.66	$2,376
Aug 2019	0	1,067	53.11	2.30	$2,459
Jul 2019	3	575	56.27	2.46	$1,583
Jun 2019	0	761	52.78	2.49	$1,896
May 2019	0	795	58.48	2.74	$2,179
Apr 2019	0	690	62.63	2.75	$1,898
Mar 2019	0	675	56.80	3.06	$2,067
Feb 2019	0	725	50.85	2.79	$2,024
Jan 2019	0	767	46.03	3.23	$2,476
Dec 2018	0	853	46.59	4.19	$3,570
Nov 2018	0	562	52.93	4.24	$2,381
Oct 2018	0	419	61.44	3.40	$1,424
Sep 2018	0	885	59.54	3.11	$2,751
Aug 2018	0	834	59.40	3.07	$2,558
Jul 2018	0	747	65.14	2.93	$2,190
Jun 2018	0	731	60.18	3.08	$2,249
May 2018	0	789	65.38	2.90	$2,289
Apr 2018	0	673	63.84	2.90	$1,952
Mar 2018	0	825	61.22	2.79	$2,299
Feb 2018	0	860	61.78	2.77	$2,379
Jan 2018	0	792	62.87	4.01	$3,175
Dec 2017	0	734	57.27	2.92	$2,144
Nov 2017	0	674	55.42	3.12	$2,102
Oct 2017	0	485	49.29	2.98	$1,447
Sep 2017	0	794	47.52	3.09	$2,451
Aug 2017	0	1,202	45.37	3.00	$3,611
Jul 2017	0	350	43.87	3.09	$1,081
Jun 2017	0	933	42.49	3.09	$2,880
May 2017	0	1,087	45.37	3.26	$3,547
Apr 2017	0	1,029	47.93	3.21	$3,305
Mar 2017	0	795	46.77	2.98	$2,372
Feb 2017	0	964	50.45	2.95	$2,846
Jan 2017	0	1,157	49.41	3.42	$3,956
Dec 2016	0	1,176	48.76	3.72	$4,378
Nov 2016	0	1,766	42.49	2.64	$4,670
Oct 2016	0	921	46.19	3.09	$2,846
Sep 2016	0	754	41.55	3.10	$2,338
Aug 2016	51	1,136	41.44	2.92	$5,435
Jul 2016	0	4	41.62	2.92	$12
Jun 2016	0	882	45.35	2.69	$2,369
May 2016	0	729	42.52	1.99	$1,451
Apr 2016	0	816	36.56	1.99	$1,625
Mar 2016	0	862	33.01	1.79	$1,546
Feb 2016	0	1,236	26.47	2.06	$2,551
Jan 2016	0	696	27.35	2.36	$1,646
Dec 2015	0	1,032	32.36	2.00	$2,065
Nov 2015	0	1,218	38.79	2.17	$2,640
Oct 2015	0	1,123	43.55	2.43	$2,725
Sep 2015	0	1,074	42.99	2.76	$2,963
Aug 2015	0	998	40.16	2.87	$2,867
Jul 2015	6	1,216	48.15	2.95	$3,870
Jun 2015	0	706	56.15	2.88	$2,035
May 2015	0	793	55.21	2.96	$2,344
Apr 2015	3	936	49.82	2.71	$2,683
Mar 2015	0	1,035	42.89	2.93	$3,037
Feb 2015	0	1,597	44.66	2.98	$4,753
Jan 2015	0	1,365	43.43	3.10	$4,232
Dec 2014	5	1,297	54.69	3.59	$4,931
Nov 2014	0	857	70.46	4.25	$3,644
Oct 2014	1	725	78.30	3.90	$2,907
Sep 2014	0	683	86.16	4.05	$2,763
Aug 2014	0	820	89.39	4.04	$3,309
Jul 2014	0	603	96.56	4.18	$2,520
Jun 2014	1	612	98.16	4.74	$2,997
May 2014	0	706	94.73	4.73	$3,337
Apr 2014	0	669	95.94	4.81	$3,217
Mar 2014	0	578	95.89	5.06	$2,923
Feb 2014	1	672	97.40	6.19	$4,258
Jan 2014	0	742	90.40	4.86	$3,607
Dec 2013	2	895	91.82	4.35	$4,081
Nov 2013	0	597	88.85	3.74	$2,232
Oct 2013	0	1,004	97.42	3.78	$3,794
Sep 2013	0	571	104.11	3.72	$2,123
Aug 2013	0	645	104.25	3.52	$2,272
Jul 2013	0	601	102.52	3.72	$2,234
Jun 2013	1	724	94.40	3.93	$2,942
May 2013	0	886	94.83	4.15	$3,676
Apr 2013	2	618	93.96	4.28	$2,835
Mar 2013	0	712	93.62	3.91	$2,786
Feb 2013	2	853	91.23	3.42	$3,100
Jan 2013	1	1,019	91.60	3.42	$3,576
Dec 2012	1	303	86.77	3.42	$1,123
Nov 2012	0	1,179	86.95	3.62	$4,274
Oct 2012	0	2,097	89.38	3.40	$7,129
Sep 2012	0	338	94.67	2.92	$986
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	1	334	85.13	3.02	$1,094
Jun 2012	1	1,636	79.82	2.52	$4,201
May 2012	0	1,520	91.61	2.49	$3,782
Apr 2012	0	1,258	101.65	2.00	$2,512
Mar 2012	0	994	105.05	2.22	$2,209
Feb 2012	0	640	101.10	2.57	$1,645
Jan 2012	0	809	98.09	2.73	$2,212
Dec 2011	0	956	96.87	3.24	$3,097
Nov 2011	0	928	95.72	3.31	$3,073
Oct 2011	0	352	84.98	3.65	$1,284
Sep 2011	0	1,368	83.62	3.99	$5,453
Aug 2011	0	1,046	83.40	4.15	$4,340
Jul 2011	0	1,621	94.14	4.52	$7,322
Jun 2011	0	2,138	92.90	4.64	$9,920
May 2011	0	2,041	98.13	4.40	$8,990
Apr 2011	0	2,187	105.96	4.33	$9,477
Mar 2011	0	3,360	96.36	4.06	$13,633
Feb 2011	0	1,139	85.64	4.18	$4,761
Jan 2011	0	1,392	86.50	4.59	$6,388
Dec 2010	0	1,599	85.73	4.35	$6,952
Nov 2010	0	1,837	80.84	3.80	$6,972
Oct 2010	0	1,806	78.10	3.51	$6,337
Sep 2010	0	1,530	72.63	3.98	$6,089
Aug 2010	0	1,372	73.68	4.42	$6,063
Jul 2010	1	1,841	72.55	4.74	$8,792
Jun 2010	0	2,207	70.36	4.91	$10,837
May 2010	0	1,804	71.12	4.24	$7,640
Apr 2010	0	2,217	81.69	4.12	$9,140
Mar 2010	0	2,818	78.39	4.39	$12,367
Feb 2010	0	2,440	73.58	5.44	$13,279
Jan 2010	0	1,948	74.36	5.96	$11,618
Dec 2009	0	1,213	71.44	5.48	$6,652
Nov 2009	0	1,189	74.59	3.75	$4,461
Oct 2009	0	1,346	72.54	4.11	$5,532
Sep 2009	0	1,241	65.54	3.06	$3,803
Aug 2009	0	1,871	67.42	3.22	$6,022
Jul 2009	0	2,017	61.13	3.46	$6,988
Jun 2009	0	2,056	66.16	3.90	$8,008
May 2009	0	2,823	54.74	3.93	$11,082
Apr 2009	0	844	46.77	3.59	$3,028
Mar 2009	0	2,055	42.14	4.06	$8,341
Feb 2009	0	1,669	32.81	4.63	$7,732
Jan 2009	0	1,247	35.86	5.37	$6,698
Dec 2008	0	1,820	37.10	5.98	$10,878
Nov 2008	0	2,185	55.49	6.86	$14,990
Oct 2008	0	2,237	75.24	6.92	$15,484
Sep 2008	0	2,472	101.76	7.88	$19,472
Aug 2008	0	2,103	114.22	8.48	$17,840
Jul 2008	0	1,480	131.08	11.39	$16,856
Jun 2008	0	1,566	131.33	13.03	$20,409
May 2008	0	1,379	123.17	11.57	$15,961
Apr 2008	0	1,073	110.31	10.45	$11,218
Mar 2008	0	1,455	101.90	9.66	$14,061
Feb 2008	0	2,029	92.53	8.77	$17,796
Jan 2008	0	2,335	90.38	8.21	$19,160
Dec 2007	0	2,277	88.33	7.30	$16,627
Nov 2007	0	1,885	91.67	7.29	$13,745
Oct 2007	0	1,747	82.85	6.92	$12,093
Sep 2007	0	2,365	75.84	6.24	$14,767
Aug 2007	0	2,549	69.06	6.39	$16,283
Jul 2007	0	2,572	70.90	6.39	$16,430
Jun 2007	0	2,495	62.00	7.55	$18,833
May 2007	0	2,648	58.74	7.85	$20,777
Apr 2007	0	2,785	59.61	7.81	$21,737
Mar 2007	0	2,646	56.92	7.30	$19,321
Feb 2007	0	2,399	55.10	8.22	$19,710
Jan 2007	0	2,455	50.30	6.73	$16,514
Dec 2006	1	1,923	56.65	6.92	$13,361
Nov 2006	0	3,286	54.20	7.62	$25,031
Oct 2006	0	2,917	54.90	6.01	$17,542
Sep 2006	0	2,088	60.08	5.04	$10,518
Aug 2006	0	2,628	68.71	7.34	$19,289
Jul 2006	0	2,539	69.37	6.34	$16,104
Jun 2006	0	1,999	66.28	6.38	$12,761
May 2006	0	1,904	66.01	6.42	$12,233
Apr 2006	0	1,842	64.39	7.36	$13,558
Mar 2006	0	1,550	56.70	7.08	$10,979
Feb 2006	0	918	57.59	7.75	$7,116
Jan 2006	1	2,046	60.59	8.93	$18,338
Dec 2005	0	2,480	54.94	13.42	$33,270
Nov 2005	0	1,806	54.69	10.59	$19,123
Oct 2005	0	2,030	58.34	13.80	$28,005
Sep 2005	181	1,549	61.45	12.08	$29,833
Aug 2005	0	3,503	61.51	9.80	$34,318
Jul 2005	0	2,486	55.69	7.84	$19,499
Jun 2005	0	2,545	52.33	7.38	$18,785
May 2005	0	2,395	45.22	6.65	$15,930
Apr 2005	0	2,621	49.20	7.36	$19,292
Mar 2005	0	2,739	50.37	7.15	$19,597
Feb 2005	0	3,207	45.22	6.31	$20,242
Jan 2005	0	3,207	43.16	6.32	$20,275
Dec 2004	4	3,079	39.86	6.75	$20,946
Nov 2004	0	2,654	45.28	6.33	$16,801
Oct 2004	0	2,484	49.70	6.52	$16,184
Sep 2004	0	2,422	43.24	5.28	$12,798
Aug 2004	0	3,503	42.37	5.55	$19,444
Jul 2004	0	3,395	38.28	6.08	$20,656
Jun 2004	1	3,275	36.10	6.43	$21,104
May 2004	0	3,161	37.48	6.49	$20,529
Apr 2004	0	3,718	34.47	5.86	$21,782
Mar 2004	0	1,201	34.36	5.53	$6,642
Feb 2004	0	3,455	32.45	5.51	$19,036
Jan 2004	0	2,318	32.03	6.30	$14,603
Dec 2003	1	608	30.26	6.30	$3,862
Nov 2003	0	1,238	28.80	4.60	$5,689
Oct 2003	0	3,246	28.17	4.76	$15,450
Sep 2003	0	2,140	26.31	4.75	$10,164
Aug 2003	0	3,504	29.76	5.13	$17,975
Jul 2003	0	3,792	29.41	5.17	$19,608
Jun 2003	0	3,830	28.56	5.98	$22,915
May 2003	0	4,957	26.59	5.97	$29,607
Apr 2003	0	4,643	26.67	5.41	$25,106
Mar 2003	0	5,236	31.14	6.10	$31,919
Feb 2003	0	4,256	33.48	7.93	$33,733
Jan 2003	0	4,992	30.31	5.58	$27,866
Dec 2002	0	4,866	26.91	4.85	$23,618
Nov 2002	0	4,374	24.66	4.14	$18,095
Oct 2002	0	4,118	26.46	4.23	$17,416
Sep 2002	0	3,704	27.44	3.64	$13,465
Aug 2002	0	4,012	25.96	3.16	$12,695
Jul 2002	0	4,253	24.58	3.06	$13,022
Jun 2002	0	3,879	23.73	3.34	$12,949
May 2002	0	5,086	24.66	3.58	$18,228
Apr 2002	185	5,081	23.65	3.51	$22,221
Mar 2002	0	5,470	22.00	3.10	$16,972
Feb 2002	0	5,712	18.22	2.38	$13,570
Jan 2002	1	6,061	17.17	2.38	$14,416
Dec 2001	0	6,286	16.93	2.36	$14,863
Nov 2001	0	6,479	18.07	2.41	$15,585
Oct 2001	0	6,520	19.78	2.53	$16,488
Sep 2001	0	6,271	24.26	2.25	$14,118
Aug 2001	0	6,991	24.87	3.05	$21,345
Jul 2001	0	7,309	23.93	3.20	$23,367
Jun 2001	0	6,893	24.56	3.82	$26,360
May 2001	0	7,431	25.52	4.31	$32,008
Apr 2001	0	7,670	24.68	5.34	$40,922
Mar 2001	0	9,163	24.54	5.38	$49,264
Feb 2001	0	7,878	27.75	5.77	$45,433
Jan 2001	0	8,884	27.47	8.40	$74,615
Dec 2000	190	9,741	26.88	9.12	$93,969
Nov 2000	0	9,875	32.21	5.66	$55,873
Oct 2000	0	12,082	31.23	5.15	$62,168
Sep 2000	0	13,838	31.87	5.19	$71,771
Aug 2000	0	17,388	29.64	4.54	$78,955
Jul 2000	0	17,620	28.53	4.09	$72,061
Jun 2000	0	12,962	29.30	4.40	$56,997
May 2000	189	13,627	27.26	3.68	$55,296
Apr 2000	0	14,349	24.51	3.12	$44,711
Mar 2000	0	15,429	28.42	2.86	$44,123
Feb 2000	0	15,924	27.62	2.73	$43,417
Jan 2000	0	17,906	25.27	2.48	$44,416
Dec 1999	168	19,980	24.28	2.42	$52,505
Nov 1999	0	19,665	23.19	2.43	$47,864
Oct 1999	0	21,637	20.98	2.80	$60,664
Sep 1999	0	23,454	21.75	2.62	$61,423
Aug 1999	182	28,268	19.26	2.88	$84,793
Jul 1999	0	21,273	17.89	2.37	$50,467
Jun 1999	186	24,116	15.94	2.36	$59,929
May 1999	0	23,824	15.79	2.32	$55,296
Apr 1999	182	26,502	15.10	2.21	$61,266
Mar 1999	0	29,440	12.47	1.84	$54,120
Feb 1999	191	29,785	9.98	1.82	$56,049
Jan 1999	177	35,944	10.38	1.90	$70,129
Dec 1998	184	40,425	9.20	1.77	$73,379
Nov 1998	388	46,626	10.89	2.19	$106,137
Oct 1998	184	60,315	12.42	1.97	$121,058
Sep 1998	165	44,400	12.59	2.08	$94,546

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 2026 — as filed, then multipliedworked

Condensate             0 bbl  × $ 98.93 =         $0
Gas                  323 Mcf  × $  2.87 =       $927

────────────────────────────────────────────────────
Month total                                     $927

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. 05/G/170281 is the state's own key, not one this site invented.