WILLIAMS

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

Operated by AC EXPLORATION, LLC (P-5 3645) in the MINDEN (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 111888District 06Field 61792380NGPA filingCondensateGasSave Export

Value, all time

$694 k

Jan 1993 – Dec 2022

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

360

no gaps in the span

Streams

condensate, gas

The MINDEN (TRAVIS PEAK 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 304 leases and 325 wells, and the rule below applies to all of them.

Discovered

2006-03-28

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 field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: “EFF. 11-12-08. ALLOCATION FORMULA REMAINS 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
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	3,050 bbl	$137,966
Gas	Production	146,624 Mcf	$556,186
Total			$694,152

24,169 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 32.0383, -94.5933. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03831, -94.59326 · 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

7,500 ft

1 wells filed one

Completion to plug

12 months

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 7,500 ft.

Completions filed

May 2021

1 of 1 wells

Plug dates filed

May 2022

1 of 1 wells

Last completion to plug: a median of 12 months across the 1 well that filed both dates, with the middle half between 12 months and 12 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36531614	1A	7,500 ft	May 2021	May 2022	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 (360)

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

360 months


Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	46	0	87.18	5.86	$4,010
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	183	109.37	8.43	$1,543
Apr 2022	0	289	104.22	6.84	$1,976
Mar 2022	0	341	108.88	5.08	$1,731
Feb 2022	0	183	91.05	4.86	$889
Jan 2022	0	253	81.84	4.54	$1,148
Dec 2021	0	252	71.32	3.90	$983
Nov 2021	100	248	77.43	5.24	$9,042
Oct 2021	0	199	79.79	5.71	$1,137
Sep 2021	0	210	69.86	5.35	$1,124
Aug 2021	0	261	66.02	4.22	$1,102
Jul 2021	0	246	70.78	3.98	$980
Jun 2021	0	283	69.49	3.38	$957
May 2021	0	274	63.48	3.02	$827
Apr 2021	0	332	60.36	2.76	$916
Mar 2021	0	350	61.30	2.72	$951
Feb 2021	0	233	57.80	5.55	$1,293
Jan 2021	0	289	50.41	2.81	$812
Dec 2020	31	494	44.64	2.68	$2,706
Nov 2020	0	396	38.77	2.71	$1,072
Oct 2020	0	457	36.97	2.48	$1,133
Sep 2020	0	460	37.09	1.99	$916
Aug 2020	0	445	39.98	2.39	$1,061
Jul 2020	0	453	38.37	1.83	$827
Jun 2020	86	470	34.90	1.69	$3,796
May 2020	0	451	16.92	1.81	$818
Apr 2020	0	451	14.75	1.80	$814
Mar 2020	0	460	30.34	1.86	$854
Feb 2020	0	478	49.88	1.98	$947
Jan 2020	0	518	57.25	2.09	$1,085
Dec 2019	0	629	59.01	2.30	$1,449
Nov 2019	0	500	55.30	2.75	$1,375
Oct 2019	31	436	53.47	2.42	$2,712
Sep 2019	0	285	55.05	2.66	$757
Aug 2019	0	293	53.11	2.30	$675
Jul 2019	0	368	56.27	2.46	$905
Jun 2019	0	434	52.78	2.49	$1,081
May 2019	0	516	58.48	2.74	$1,414
Apr 2019	0	260	62.63	2.75	$715
Mar 2019	0	254	56.80	3.06	$778
Feb 2019	0	222	50.85	2.79	$620
Jan 2019	0	263	46.03	3.23	$849
Dec 2018	0	238	46.59	4.19	$996
Nov 2018	0	224	52.93	4.24	$949
Oct 2018	0	228	61.44	3.40	$775
Sep 2018	0	265	59.54	3.11	$824
Aug 2018	0	334	59.40	3.07	$1,024
Jul 2018	0	377	65.14	2.93	$1,105
Jun 2018	51	297	60.18	3.08	$3,983
May 2018	0	309	65.38	2.90	$896
Apr 2018	0	326	63.84	2.90	$946
Mar 2018	0	310	61.22	2.79	$864
Feb 2018	0	303	61.78	2.77	$838
Jan 2018	0	260	62.87	4.01	$1,042
Dec 2017	0	348	57.27	2.92	$1,017
Nov 2017	0	312	55.42	3.12	$973
Oct 2017	0	327	49.29	2.98	$976
Sep 2017	0	383	47.52	3.09	$1,182
Aug 2017	0	327	45.37	3.00	$982
Jul 2017	0	302	43.87	3.09	$932
Jun 2017	0	160	42.49	3.09	$494
May 2017	129	118	45.37	3.26	$6,238
Apr 2017	0	285	47.93	3.21	$915
Mar 2017	0	277	46.77	2.98	$826
Feb 2017	0	322	50.45	2.95	$951
Jan 2017	0	244	49.41	3.42	$834
Dec 2016	0	263	48.76	3.72	$979
Nov 2016	0	287	42.49	2.64	$759
Oct 2016	0	274	46.19	3.09	$847
Sep 2016	0	283	41.55	3.10	$877
Aug 2016	0	285	41.44	2.92	$833
Jul 2016	0	281	41.62	2.92	$822
Jun 2016	0	322	45.35	2.69	$865
May 2016	0	348	42.52	1.99	$693
Apr 2016	0	288	36.56	1.99	$573
Mar 2016	0	338	33.01	1.79	$606
Feb 2016	0	353	26.47	2.06	$728
Jan 2016	0	296	27.35	2.36	$700
Dec 2015	88	302	32.36	2.00	$3,452
Nov 2015	0	285	38.79	2.17	$618
Oct 2015	0	260	43.55	2.43	$631
Sep 2015	0	276	42.99	2.76	$761
Aug 2015	0	293	40.16	2.87	$842
Jul 2015	0	300	48.15	2.95	$884
Jun 2015	0	317	56.15	2.88	$914
May 2015	0	283	55.21	2.96	$836
Apr 2015	0	287	49.82	2.71	$777
Mar 2015	0	400	42.89	2.93	$1,174
Feb 2015	0	302	44.66	2.98	$899
Jan 2015	0	331	43.43	3.10	$1,026
Dec 2014	0	319	54.69	3.59	$1,146
Nov 2014	0	375	70.46	4.25	$1,594
Oct 2014	0	354	78.30	3.90	$1,381
Sep 2014	0	411	86.16	4.05	$1,663
Aug 2014	0	352	89.39	4.04	$1,420
Jul 2014	0	394	96.56	4.18	$1,647
Jun 2014	0	412	98.16	4.74	$1,952
May 2014	0	377	94.73	4.73	$1,782
Apr 2014	0	351	95.94	4.81	$1,688
Mar 2014	0	273	95.89	5.06	$1,381
Feb 2014	0	480	97.40	6.19	$2,972
Jan 2014	0	567	90.40	4.86	$2,756
Dec 2013	47	489	91.82	4.35	$6,445
Nov 2013	0	517	88.85	3.74	$1,933
Oct 2013	0	593	97.42	3.78	$2,241
Sep 2013	0	613	104.11	3.72	$2,279
Aug 2013	0	520	104.25	3.52	$1,832
Jul 2013	0	574	102.52	3.72	$2,134
Jun 2013	0	538	94.40	3.93	$2,116
May 2013	174	604	94.83	4.15	$19,006
Apr 2013	0	546	93.96	4.28	$2,338
Mar 2013	0	239	93.62	3.91	$935
Feb 2013	0	310	91.23	3.42	$1,060
Jan 2013	0	337	91.60	3.42	$1,153
Dec 2012	0	372	86.77	3.42	$1,272
Nov 2012	0	386	86.95	3.62	$1,399
Oct 2012	0	394	89.38	3.40	$1,339
Sep 2012	0	390	94.67	2.92	$1,138
Aug 2012	0	397	92.66	2.91	$1,155
Jul 2012	0	436	85.13	3.02	$1,317
Jun 2012	0	443	79.82	2.52	$1,116
May 2012	0	419	91.61	2.49	$1,043
Apr 2012	0	406	101.65	2.00	$811
Mar 2012	0	439	105.05	2.22	$975
Feb 2012	0	429	101.10	2.57	$1,103
Jan 2012	0	396	98.09	2.73	$1,083
Dec 2011	0	412	96.87	3.24	$1,335
Nov 2011	0	352	95.72	3.31	$1,166
Oct 2011	0	369	84.98	3.65	$1,346
Sep 2011	142	305	83.62	3.99	$13,090
Aug 2011	0	411	83.40	4.15	$1,705
Jul 2011	0	347	94.14	4.52	$1,567
Jun 2011	0	340	92.90	4.64	$1,578
May 2011	0	365	98.13	4.40	$1,608
Apr 2011	0	298	105.96	4.33	$1,291
Mar 2011	0	333	96.36	4.06	$1,351
Feb 2011	0	385	85.64	4.18	$1,609
Jan 2011	0	323	86.50	4.59	$1,482
Dec 2010	0	389	85.73	4.35	$1,691
Nov 2010	0	401	80.84	3.80	$1,522
Oct 2010	0	340	78.10	3.51	$1,193
Sep 2010	0	407	72.63	3.98	$1,620
Aug 2010	0	453	73.68	4.42	$2,002
Jul 2010	0	436	72.55	4.74	$2,065
Jun 2010	0	470	70.36	4.91	$2,308
May 2010	0	471	71.12	4.24	$1,995
Apr 2010	0	436	81.69	4.12	$1,797
Mar 2010	0	441	78.39	4.39	$1,935
Feb 2010	0	385	73.58	5.44	$2,095
Jan 2010	0	397	74.36	5.96	$2,368
Dec 2009	0	430	71.44	5.48	$2,358
Nov 2009	151	442	74.59	3.75	$12,921
Oct 2009	0	446	72.54	4.11	$1,833
Sep 2009	0	475	65.54	3.06	$1,456
Aug 2009	0	517	67.42	3.22	$1,664
Jul 2009	0	482	61.13	3.46	$1,670
Jun 2009	0	473	66.16	3.90	$1,842
May 2009	0	347	54.74	3.93	$1,362
Apr 2009	0	352	46.77	3.59	$1,263
Mar 2009	0	447	42.14	4.06	$1,814
Feb 2009	0	396	32.81	4.63	$1,835
Jan 2009	0	409	35.86	5.37	$2,197
Dec 2008	0	313	37.10	5.98	$1,871
Nov 2008	0	381	55.49	6.86	$2,614
Oct 2008	0	473	75.24	6.92	$3,274
Sep 2008	0	351	101.76	7.88	$2,765
Aug 2008	0	384	114.22	8.48	$3,257
Jul 2008	0	593	131.08	11.39	$6,754
Jun 2008	0	531	131.33	13.03	$6,920
May 2008	0	507	123.17	11.57	$5,868
Apr 2008	0	644	110.31	10.45	$6,733
Mar 2008	0	583	101.90	9.66	$5,634
Feb 2008	91	667	92.53	8.77	$14,270
Jan 2008	0	642	90.38	8.21	$5,268
Dec 2007	0	814	88.33	7.30	$5,944
Nov 2007	0	964	91.67	7.29	$7,029
Oct 2007	0	697	82.85	6.92	$4,825
Sep 2007	0	244	75.84	6.24	$1,524
Aug 2007	0	340	69.06	6.39	$2,172
Jul 2007	0	264	70.90	6.39	$1,686
Jun 2007	0	274	62.00	7.55	$2,068
May 2007	0	281	58.74	7.85	$2,205
Apr 2007	185	279	59.61	7.81	$13,206
Mar 2007	0	226	56.92	7.30	$1,650
Feb 2007	0	139	55.10	8.22	$1,142
Jan 2007	0	117	50.30	6.73	$787
Dec 2006	0	165	56.65	6.92	$1,142
Nov 2006	0	253	54.20	7.62	$1,927
Oct 2006	0	463	54.90	6.01	$2,784
Sep 2006	0	438	60.08	5.04	$2,206
Aug 2006	0	354	68.71	7.34	$2,598
Jul 2006	0	437	69.37	6.34	$2,772
Jun 2006	0	410	66.28	6.38	$2,617
May 2006	0	481	66.01	6.42	$3,090
Apr 2006	0	409	64.39	7.36	$3,010
Mar 2006	0	503	56.70	7.08	$3,563
Feb 2006	0	440	57.59	7.75	$3,410
Jan 2006	0	464	60.59	8.93	$4,145
Dec 2005	0	500	54.94	13.42	$6,708
Nov 2005	0	659	54.69	10.59	$6,978
Oct 2005	181	560	58.34	13.80	$18,285
Sep 2005	0	526	61.45	12.08	$6,354
Aug 2005	0	732	61.51	9.80	$7,171
Jul 2005	0	891	55.69	7.84	$6,989
Jun 2005	0	533	52.33	7.38	$3,934
May 2005	0	622	45.22	6.65	$4,137
Apr 2005	0	338	49.20	7.36	$2,488
Mar 2005	0	362	50.37	7.15	$2,590
Feb 2005	0	392	45.22	6.31	$2,474
Jan 2005	0	446	43.16	6.32	$2,820
Dec 2004	0	340	39.86	6.75	$2,295
Nov 2004	0	521	45.28	6.33	$3,298
Oct 2004	0	518	49.70	6.52	$3,375
Sep 2004	0	573	43.24	5.28	$3,028
Aug 2004	163	549	42.37	5.55	$9,954
Jul 2004	0	622	38.28	6.08	$3,784
Jun 2004	0	468	36.10	6.43	$3,011
May 2004	0	447	37.48	6.49	$2,903
Apr 2004	0	519	34.47	5.86	$3,041
Mar 2004	0	519	34.36	5.53	$2,870
Feb 2004	0	629	32.45	5.51	$3,466
Jan 2004	0	382	32.03	6.30	$2,406
Dec 2003	0	289	30.26	6.30	$1,821
Nov 2003	0	466	28.80	4.60	$2,141
Oct 2003	0	393	28.17	4.76	$1,871
Sep 2003	0	439	26.31	4.75	$2,085
Aug 2003	0	647	29.76	5.13	$3,319
Jul 2003	0	697	29.41	5.17	$3,604
Jun 2003	0	590	28.56	5.98	$3,530
May 2003	0	721	26.59	5.97	$4,306
Apr 2003	0	552	26.67	5.41	$2,985
Mar 2003	0	618	31.14	6.10	$3,767
Feb 2003	0	485	33.48	7.93	$3,844
Jan 2003	0	486	30.31	5.58	$2,713
Dec 2002	0	434	26.91	4.85	$2,107
Nov 2002	140	566	24.66	4.14	$5,794
Oct 2002	0	507	26.46	4.23	$2,144
Sep 2002	0	636	27.44	3.64	$2,312
Aug 2002	0	665	25.96	3.16	$2,104
Jul 2002	0	324	24.58	3.06	$992
Jun 2002	0	374	23.73	3.34	$1,249
May 2002	0	239	24.66	3.58	$857
Apr 2002	0	280	23.65	3.51	$983
Mar 2002	0	340	22.00	3.10	$1,055
Feb 2002	0	308	18.22	2.38	$732
Jan 2002	0	449	17.17	2.38	$1,067
Dec 2001	0	425	16.93	2.36	$1,005
Nov 2001	0	431	18.07	2.41	$1,037
Oct 2001	0	401	19.78	2.53	$1,014
Sep 2001	0	401	24.26	2.25	$903
Aug 2001	0	547	24.87	3.05	$1,670
Jul 2001	148	421	23.93	3.20	$4,888
Jun 2001	0	77	24.56	3.82	$294
May 2001	0	139	25.52	4.31	$599
Apr 2001	0	461	24.68	5.34	$2,460
Mar 2001	0	426	24.54	5.38	$2,290
Feb 2001	0	563	27.75	5.77	$3,247
Jan 2001	0	315	27.47	8.40	$2,646
Dec 2000	0	430	26.88	9.12	$3,923
Nov 2000	0	589	32.21	5.66	$3,333
Oct 2000	100	766	31.23	5.15	$7,064
Sep 2000	0	423	31.87	5.19	$2,194
Aug 2000	0	705	29.64	4.54	$3,201
Jul 2000	0	698	28.53	4.09	$2,855
Jun 2000	0	783	29.30	4.40	$3,443
May 2000	0	762	27.26	3.68	$2,804
Apr 2000	0	510	24.51	3.12	$1,589
Mar 2000	148	612	28.42	2.86	$5,956
Feb 2000	0	391	27.62	2.73	$1,066
Jan 2000	0	506	25.27	2.48	$1,255
Dec 1999	0	470	24.28	2.42	$1,139
Nov 1999	0	375	23.19	2.43	$913
Oct 1999	0	572	20.98	2.80	$1,604
Sep 1999	0	541	21.75	2.62	$1,417
Aug 1999	0	484	19.26	2.88	$1,392
Jul 1999	0	486	17.89	2.37	$1,153
Jun 1999	0	456	15.94	2.36	$1,077
May 1999	104	369	15.79	2.32	$2,499
Apr 1999	0	487	15.10	2.21	$1,075
Mar 1999	0	554	12.47	1.84	$1,018
Feb 1999	0	687	9.98	1.82	$1,249
Jan 1999	115	469	10.38	1.90	$2,085
Dec 1998	0	384	9.20	1.77	$681
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	192	12.42	1.97	$378
Sep 1998	0	87	12.59	2.08	$181
Aug 1998	0	68	11.30	1.91	$130
Jul 1998	0	68	11.74	2.24	$152
Jun 1998	0	68	11.24	2.24	$152
May 1998	0	175	12.62	2.21	$386
Apr 1998	0	305	13.04	2.51	$764
Mar 1998	0	558	12.80	2.31	$1,289
Feb 1998	11	293	13.95	2.30	$827
Jan 1998	30	499	14.70	2.15	$1,516
Dec 1997	0	396	16.32	2.41	$955
Nov 1997	21	638	18.19	3.09	$2,352
Oct 1997	0	418	19.25	3.15	$1,317
Sep 1997	0	307	17.74	2.95	$907
Aug 1997	0	323	17.86	2.55	$825
Jul 1997	0	370	17.58	2.25	$831
Jun 1997	0	361	17.24	2.26	$815
May 1997	0	435	18.97	2.31	$1,004
Apr 1997	0	343	17.88	2.08	$714
Mar 1997	0	14	18.95	1.94	$27
Feb 1997	0	131	20.49	2.21	$289
Jan 1997	0	129	23.48	3.54	$457
Dec 1996	0	102	23.32	—	$0
Nov 1996	0	148	21.97	—	$0
Oct 1996	0	167	23.31	—	$0
Sep 1996	0	186	22.22	—	$0
Aug 1996	0	274	20.26	—	$0
Jul 1996	0	232	19.55	—	$0
Jun 1996	0	317	18.73	—	$0
May 1996	0	265	19.43	—	$0
Apr 1996	0	170	21.51	—	$0
Mar 1996	0	196	19.38	—	$0
Feb 1996	0	306	16.98	—	$0
Jan 1996	0	209	17.07	—	$0
Dec 1995	0	153	17.19	—	$0
Nov 1995	0	284	16.00	—	$0
Oct 1995	0	349	15.43	—	$0
Sep 1995	0	349	16.18	—	$0
Aug 1995	0	347	15.92	—	$0
Jul 1995	0	318	15.24	—	$0
Jun 1995	0	348	16.41	—	$0
May 1995	186	569	17.56	—	$3,266
Apr 1995	0	721	17.73	—	$0
Mar 1995	0	542	16.44	—	$0
Feb 1995	0	482	16.58	—	$0
Jan 1995	0	545	15.92	—	$0
Dec 1994	0	696	15.03	—	$0
Nov 1994	0	418	15.90	—	$0
Oct 1994	0	611	15.58	—	$0
Sep 1994	0	759	15.29	—	$0
Aug 1994	0	694	16.13	—	$0
Jul 1994	0	543	17.56	—	$0
Jun 1994	187	729	17.09	—	$3,196
May 1994	0	814	15.88	—	$0
Apr 1994	0	729	14.14	—	$0
Mar 1994	0	905	12.46	—	$0
Feb 1994	0	485	12.50	—	$0
Jan 1994	0	599	12.66	—	$0
Dec 1993	0	770	12.33	—	$0
Nov 1993	0	714	14.49	—	$0
Oct 1993	0	665	15.85	—	$0
Sep 1993	0	487	15.03	—	$0
Aug 1993	0	732	15.66	—	$0
Jul 1993	0	651	15.46	—	$0
Jun 1993	0	783	16.79	—	$0
May 1993	0	969	17.68	—	$0
Apr 1993	0	843	18.05	—	$0
Mar 1993	0	660	18.14	—	$0
Feb 1993	164	692	17.90	—	$2,936
Jan 1993	0	642	16.93	—	$0

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 2022 — as filed, then multipliedworked

Condensate            46 bbl  × $ 87.18 =     $4,010
Gas                    0 Mcf  × $  5.86 =         $0

────────────────────────────────────────────────────
Month total                                   $4,010

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. 06/G/111888 is the state's own key, not one this site invented.