BARKSDALE ESTATE GAS UNIT

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

Operated by CCI EAST TEXAS UPSTREAM LLC (P-5 120023) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121437District 06Field 66461275NGPA filingCondensateGasSave Export

Value, all time

$3.8 M

Jan 1993 – May 2020

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

329

no gaps in the span

Streams

condensate, gas

The OAK HILL (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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered

1976-11-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 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 2018-03-20.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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	6,147 bbl	$191,905
Gas	Production	1,019,952 Mcf	$3,574,094
Total			$3,765,999

226,140 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 32.2300, -94.8930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.22996, -94.89303 · 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

0.0%

0 of 1 wells

Median depth

10,978 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

1100.0%

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.

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 10,978 ft.

Completions filed

Dec 2019

1 of 1 wells

1 well


42-40131988	2	10,978 ft	Dec 2019	—	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 (329)

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

329 months


May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	38	0	57.25	2.09	$2,176
Dec 2019	0	64	59.01	2.30	$147
Nov 2019	0	188	55.30	2.75	$517
Oct 2019	0	189	53.47	2.42	$457
Sep 2019	0	194	55.05	2.66	$516
Aug 2019	0	214	53.11	2.30	$493
Jul 2019	0	214	56.27	2.46	$526
Jun 2019	0	169	52.78	2.49	$421
May 2019	0	240	58.48	2.74	$658
Apr 2019	0	322	62.63	2.75	$886
Mar 2019	0	318	56.80	3.06	$974
Feb 2019	0	179	50.85	2.79	$500
Jan 2019	0	437	46.03	3.23	$1,411
Dec 2018	0	32	46.59	4.19	$134
Nov 2018	0	185	52.93	4.24	$784
Oct 2018	0	298	61.44	3.40	$1,013
Sep 2018	0	120	59.54	3.11	$373
Aug 2018	0	214	59.40	3.07	$656
Jul 2018	0	414	65.14	2.93	$1,214
Jun 2018	0	1,134	60.18	3.08	$3,489
May 2018	0	1,471	65.38	2.90	$4,267
Apr 2018	0	1,502	63.84	2.90	$4,357
Mar 2018	0	1,777	61.22	2.79	$4,952
Feb 2018	0	1,584	61.78	2.77	$4,382
Jan 2018	0	1,570	62.87	4.01	$6,295
Dec 2017	0	1,357	57.27	2.92	$3,965
Nov 2017	0	1,905	55.42	3.12	$5,940
Oct 2017	0	172	49.29	2.98	$513
Sep 2017	0	389	47.52	3.09	$1,201
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	769	43.87	3.09	$2,374
Jun 2017	0	1,327	42.49	3.09	$4,097
May 2017	0	1,055	45.37	3.26	$3,443
Apr 2017	0	1,472	47.93	3.21	$4,727
Mar 2017	0	1,547	46.77	2.98	$4,616
Feb 2017	0	1,580	50.45	2.95	$4,665
Jan 2017	0	1,193	49.41	3.42	$4,079
Dec 2016	0	1,869	48.76	3.72	$6,958
Nov 2016	0	1,768	42.49	2.64	$4,675
Oct 2016	0	1,752	46.19	3.09	$5,414
Sep 2016	0	1,240	41.55	3.10	$3,845
Aug 2016	0	1,492	41.44	2.92	$4,363
Jul 2016	0	1,513	41.62	2.92	$4,425
Jun 2016	0	1,762	45.35	2.69	$4,732
May 2016	0	1,751	42.52	1.99	$3,486
Apr 2016	0	1,812	36.56	1.99	$3,608
Mar 2016	0	1,127	33.01	1.79	$2,022
Feb 2016	0	1,150	26.47	2.06	$2,373
Jan 2016	0	1,843	27.35	2.36	$4,358
Dec 2015	0	1,874	32.36	2.00	$3,751
Nov 2015	0	1,951	38.79	2.17	$4,228
Oct 2015	0	2,137	43.55	2.43	$5,186
Sep 2015	0	2,151	42.99	2.76	$5,933
Aug 2015	0	1,369	40.16	2.87	$3,932
Jul 2015	0	2,028	48.15	2.95	$5,973
Jun 2015	143	1,857	56.15	2.88	$13,383
May 2015	0	2,153	55.21	2.96	$6,363
Apr 2015	0	1,959	49.82	2.71	$5,302
Mar 2015	0	1,453	42.89	2.93	$4,264
Feb 2015	0	1,189	44.66	2.98	$3,539
Jan 2015	0	2,090	43.43	3.10	$6,480
Dec 2014	0	2,093	54.69	3.59	$7,517
Nov 2014	0	2,042	70.46	4.25	$8,682
Oct 2014	0	2,315	78.30	3.90	$9,031
Sep 2014	0	2,437	86.16	4.05	$9,859
Aug 2014	111	2,571	89.39	4.04	$20,297
Jul 2014	0	2,670	96.56	4.18	$11,160
Jun 2014	0	2,683	98.16	4.74	$12,709
May 2014	0	2,909	94.73	4.73	$13,750
Apr 2014	137	2,952	95.94	4.81	$27,340
Mar 2014	0	3,249	95.89	5.06	$16,430
Feb 2014	0	2,827	97.40	6.19	$17,505
Jan 2014	0	2,755	90.40	4.86	$13,391
Dec 2013	0	3,508	91.82	4.35	$15,276
Nov 2013	0	827	88.85	3.74	$3,092
Oct 2013	0	621	97.42	3.78	$2,347
Sep 2013	0	332	104.11	3.72	$1,234
Aug 2013	0	547	104.25	3.52	$1,927
Jul 2013	0	572	102.52	3.72	$2,127
Jun 2013	14	1,071	94.40	3.93	$5,534
May 2013	0	1,922	94.83	4.15	$7,975
Apr 2013	0	1,696	93.96	4.28	$7,263
Mar 2013	0	1,456	93.62	3.91	$5,697
Feb 2013	0	1,746	91.23	3.42	$5,971
Jan 2013	0	1,739	91.60	3.42	$5,947
Dec 2012	0	1,129	86.77	3.42	$3,861
Nov 2012	0	1,187	86.95	3.62	$4,303
Oct 2012	0	834	89.38	3.40	$2,835
Sep 2012	0	1,248	94.67	2.92	$3,642
Aug 2012	1	536	92.66	2.91	$1,651
Jul 2012	0	1,425	85.13	3.02	$4,305
Jun 2012	0	1,453	79.82	2.52	$3,660
May 2012	18	2,204	91.61	2.49	$7,133
Apr 2012	3	2,745	101.65	2.00	$5,786
Mar 2012	3	818	105.05	2.22	$2,133
Feb 2012	0	2,323	101.10	2.57	$5,971
Jan 2012	8	2,519	98.09	2.73	$7,672
Dec 2011	0	2,677	96.87	3.24	$8,673
Nov 2011	11	2,046	95.72	3.31	$7,828
Oct 2011	25	2,632	84.98	3.65	$11,727
Sep 2011	0	2,597	83.62	3.99	$10,351
Aug 2011	0	2,095	83.40	4.15	$8,693
Jul 2011	0	2,379	94.14	4.52	$10,747
Jun 2011	0	2,057	92.90	4.64	$9,544
May 2011	0	2,396	98.13	4.40	$10,554
Apr 2011	22	2,279	105.96	4.33	$12,207
Mar 2011	0	2,797	96.36	4.06	$11,348
Feb 2011	0	1,643	85.64	4.18	$6,868
Jan 2011	0	2,561	86.50	4.59	$11,752
Dec 2010	24	2,634	85.73	4.35	$13,509
Nov 2010	0	2,270	80.84	3.80	$8,615
Oct 2010	0	2,201	78.10	3.51	$7,723
Sep 2010	0	2,395	72.63	3.98	$9,531
Aug 2010	0	2,668	73.68	4.42	$11,791
Jul 2010	45	2,712	72.55	4.74	$16,110
Jun 2010	0	2,677	70.36	4.91	$13,145
May 2010	0	2,625	71.12	4.24	$11,117
Apr 2010	4	2,290	81.69	4.12	$9,768
Mar 2010	2	2,745	78.39	4.39	$12,204
Feb 2010	46	2,366	73.58	5.44	$16,261
Jan 2010	0	1,053	74.36	5.96	$6,280
Dec 2009	0	2,586	71.44	5.48	$14,181
Nov 2009	10	2,665	74.59	3.75	$10,744
Oct 2009	40	2,696	72.54	4.11	$13,983
Sep 2009	0	2,769	65.54	3.06	$8,486
Aug 2009	0	2,194	67.42	3.22	$7,061
Jul 2009	0	2,608	61.13	3.46	$9,035
Jun 2009	0	2,824	66.16	3.90	$10,999
May 2009	50	2,590	54.74	3.93	$12,905
Apr 2009	0	2,768	46.77	3.59	$9,930
Mar 2009	0	2,446	42.14	4.06	$9,928
Feb 2009	0	2,390	32.81	4.63	$11,073
Jan 2009	57	2,718	35.86	5.37	$16,642
Dec 2008	0	2,788	37.10	5.98	$16,664
Nov 2008	0	2,923	55.49	6.86	$20,053
Oct 2008	53	2,903	75.24	6.92	$24,082
Sep 2008	0	2,090	101.76	7.88	$16,463
Aug 2008	0	3,016	114.22	8.48	$25,585
Jul 2008	0	3,176	131.08	11.39	$36,173
Jun 2008	0	2,886	131.33	13.03	$37,612
May 2008	46	2,749	123.17	11.57	$37,484
Apr 2008	0	2,810	110.31	10.45	$29,378
Mar 2008	0	3,034	101.90	9.66	$29,321
Feb 2008	40	2,720	92.53	8.77	$27,557
Jan 2008	0	3,073	90.38	8.21	$25,216
Dec 2007	0	3,097	88.33	7.30	$22,614
Nov 2007	0	3,071	91.67	7.29	$22,393
Oct 2007	0	3,207	82.85	6.92	$22,199
Sep 2007	47	3,141	75.84	6.24	$23,177
Aug 2007	0	2,992	69.06	6.39	$19,113
Jul 2007	56	3,009	70.90	6.39	$23,192
Jun 2007	1	2,503	62.00	7.55	$18,956
May 2007	4	2,855	58.74	7.85	$22,636
Apr 2007	0	3,122	59.61	7.81	$24,368
Mar 2007	57	3,208	56.92	7.30	$26,669
Feb 2007	41	3,069	55.10	8.22	$27,474
Jan 2007	0	2,674	50.30	6.73	$17,988
Dec 2006	79	3,437	56.65	6.92	$28,254
Nov 2006	0	2,933	54.20	7.62	$22,342
Oct 2006	0	3,479	54.90	6.01	$20,922
Sep 2006	0	3,040	60.08	5.04	$15,313
Aug 2006	0	1,862	68.71	7.34	$13,667
Jul 2006	0	2,366	69.37	6.34	$15,007
Jun 2006	0	3,015	66.28	6.38	$19,247
May 2006	5	3,075	66.01	6.42	$20,087
Apr 2006	1	2,889	64.39	7.36	$21,329
Mar 2006	1	3,269	56.70	7.08	$23,211
Feb 2006	0	3,265	57.59	7.75	$25,307
Jan 2006	0	3,756	60.59	8.93	$33,554
Dec 2005	10	2,575	54.94	13.42	$35,094
Nov 2005	6	3,639	54.69	10.59	$38,859
Oct 2005	4	3,283	58.34	13.80	$45,525
Sep 2005	2	3,146	61.45	12.08	$38,123
Aug 2005	1	3,887	61.51	9.80	$38,142
Jul 2005	3	3,030	55.69	7.84	$23,933
Jun 2005	3	3,633	52.33	7.38	$26,972
May 2005	0	4,112	45.22	6.65	$27,350
Apr 2005	7	3,685	49.20	7.36	$27,468
Mar 2005	8	3,859	50.37	7.15	$28,014
Feb 2005	103	3,527	45.22	6.31	$26,920
Jan 2005	4	3,772	43.16	6.32	$24,020
Dec 2004	3	4,084	39.86	6.75	$27,691
Nov 2004	104	3,628	45.28	6.33	$27,676
Oct 2004	1	3,543	49.70	6.52	$23,133
Sep 2004	2	3,037	43.24	5.28	$16,134
Aug 2004	1	4,034	42.37	5.55	$22,434
Jul 2004	2	3,661	38.28	6.08	$22,351
Jun 2004	0	3,964	36.10	6.43	$25,500
May 2004	2	4,080	37.48	6.49	$26,573
Apr 2004	109	4,155	34.47	5.86	$28,099
Mar 2004	5	4,375	34.36	5.53	$24,366
Feb 2004	2	3,848	32.45	5.51	$21,266
Jan 2004	7	3,666	32.03	6.30	$23,319
Dec 2003	5	3,450	30.26	6.30	$21,892
Nov 2003	96	4,306	28.80	4.60	$22,552
Oct 2003	0	3,040	28.17	4.76	$14,469
Sep 2003	4	2,976	26.31	4.75	$14,239
Aug 2003	0	4,573	29.76	5.13	$23,458
Jul 2003	0	4,873	29.41	5.17	$25,198
Jun 2003	109	3,728	28.56	5.98	$25,418
May 2003	0	4,748	26.59	5.97	$28,358
Apr 2003	0	4,570	26.67	5.41	$24,711
Mar 2003	0	4,949	31.14	6.10	$30,169
Feb 2003	0	3,858	33.48	7.93	$30,578
Jan 2003	109	4,676	30.31	5.58	$29,405
Dec 2002	0	3,699	26.91	4.85	$17,954
Nov 2002	0	4,083	24.66	4.14	$16,891
Oct 2002	0	4,902	26.46	4.23	$20,731
Sep 2002	0	5,032	27.44	3.64	$18,292
Aug 2002	100	4,665	25.96	3.16	$17,357
Jul 2002	0	4,435	24.58	3.06	$13,579
Jun 2002	4	4,371	23.73	3.34	$14,686
May 2002	77	4,673	24.66	3.58	$18,647
Apr 2002	0	5,014	23.65	3.51	$17,611
Mar 2002	34	4,431	22.00	3.10	$14,496
Feb 2002	0	4,078	18.22	2.38	$9,688
Jan 2002	0	3,822	17.17	2.38	$9,080
Dec 2001	0	5,036	16.93	2.36	$11,907
Nov 2001	0	5,681	18.07	2.41	$13,666
Oct 2001	5	6,500	19.78	2.53	$16,537
Sep 2001	24	6,847	24.26	2.25	$15,997
Aug 2001	0	2,647	24.87	3.05	$8,082
Jul 2001	69	4,358	23.93	3.20	$15,584
Jun 2001	0	4,253	24.56	3.82	$16,264
May 2001	0	4,027	25.52	4.31	$17,346
Apr 2001	0	4,088	24.68	5.34	$21,811
Mar 2001	0	3,286	24.54	5.38	$17,667
Feb 2001	0	2,465	27.75	5.77	$14,216
Jan 2001	0	4,294	27.47	8.40	$36,064
Dec 2000	0	3,007	26.88	9.12	$27,431
Nov 2000	0	4,223	32.21	5.66	$23,894
Oct 2000	0	4,318	31.23	5.15	$22,218
Sep 2000	0	5,088	31.87	5.19	$26,389
Aug 2000	0	4,398	29.64	4.54	$19,970
Jul 2000	0	5,022	28.53	4.09	$20,539
Jun 2000	46	5,331	29.30	4.40	$24,790
May 2000	0	2,491	27.26	3.68	$9,166
Apr 2000	0	3,771	24.51	3.12	$11,750
Mar 2000	46	4,532	28.42	2.86	$14,268
Feb 2000	0	4,971	27.62	2.73	$13,553
Jan 2000	0	4,610	25.27	2.48	$11,435
Dec 1999	0	4,611	24.28	2.42	$11,176
Nov 1999	47	5,115	23.19	2.43	$13,540
Oct 1999	47	4,113	20.98	2.80	$12,518
Sep 1999	0	5,079	21.75	2.62	$13,301
Aug 1999	44	5,103	19.26	2.88	$15,522
Jul 1999	0	5,830	17.89	2.37	$13,831
Jun 1999	45	4,260	15.94	2.36	$10,780
May 1999	46	5,418	15.79	2.32	$13,302
Apr 1999	0	5,199	15.10	2.21	$11,480
Mar 1999	47	5,152	12.47	1.84	$10,057
Feb 1999	0	4,333	9.98	1.82	$7,876
Jan 1999	48	5,367	10.38	1.90	$10,695
Dec 1998	0	6,674	9.20	1.77	$11,835
Nov 1998	44	6,946	10.89	2.19	$15,661
Oct 1998	47	7,884	12.42	1.97	$16,109
Sep 1998	45	9,640	12.59	2.08	$20,643
Aug 1998	0	5,425	11.30	1.91	$10,347
Jul 1998	45	3,965	11.74	2.24	$9,399
Jun 1998	45	4,742	11.24	2.24	$11,115
May 1998	0	4,576	12.62	2.21	$10,096
Apr 1998	51	2,540	13.04	2.51	$7,029
Mar 1998	48	5,091	12.80	2.31	$12,372
Feb 1998	0	3,423	13.95	2.30	$7,870
Jan 1998	48	3,849	14.70	2.15	$8,999
Dec 1997	0	2,640	16.32	2.41	$6,365
Nov 1997	45	3,708	18.19	3.09	$12,270
Oct 1997	44	4,793	19.25	3.15	$15,944
Sep 1997	0	3,969	17.74	2.95	$11,728
Aug 1997	44	5,026	17.86	2.55	$13,626
Jul 1997	46	5,896	17.58	2.25	$14,057
Jun 1997	40	1,988	17.24	2.26	$5,177
May 1997	39	3,507	18.97	2.31	$8,836
Apr 1997	0	1,984	17.88	2.08	$4,132
Mar 1997	97	4,392	18.95	1.94	$10,355
Feb 1997	0	3,718	20.49	2.21	$8,202
Jan 1997	73	3,840	23.48	3.54	$15,306
Dec 1996	76	3,323	23.32	—	$1,772
Nov 1996	0	3,612	21.97	—	$0
Oct 1996	74	3,647	23.31	—	$1,725
Sep 1996	75	4,290	22.22	—	$1,667
Aug 1996	3	3,703	20.26	—	$61
Jul 1996	72	4,186	19.55	—	$1,408
Jun 1996	1	4,248	18.73	—	$19
May 1996	76	3,744	19.43	—	$1,477
Apr 1996	2	4,426	21.51	—	$43
Mar 1996	119	3,971	19.38	—	$2,306
Feb 1996	73	3,952	16.98	—	$1,240
Jan 1996	2	4,724	17.07	—	$34
Dec 1995	74	3,785	17.19	—	$1,272
Nov 1995	0	4,492	16.00	—	$0
Oct 1995	64	4,281	15.43	—	$988
Sep 1995	65	3,946	16.18	—	$1,052
Aug 1995	72	3,946	15.92	—	$1,146
Jul 1995	0	3,786	15.24	—	$0
Jun 1995	74	4,400	16.41	—	$1,214
May 1995	68	4,992	17.56	—	$1,194
Apr 1995	73	4,870	17.73	—	$1,294
Mar 1995	74	4,997	16.44	—	$1,217
Feb 1995	1	4,448	16.58	—	$17
Jan 1995	65	5,292	15.92	—	$1,035
Dec 1994	133	6,242	15.03	—	$1,999
Nov 1994	1	5,951	15.90	—	$16
Oct 1994	43	1,975	15.58	—	$670
Sep 1994	0	2,754	15.29	—	$0
Aug 1994	68	4,033	16.13	—	$1,097
Jul 1994	58	5,065	17.56	—	$1,018
Jun 1994	54	4,882	17.09	—	$923
May 1994	55	5,756	15.88	—	$873
Apr 1994	87	6,404	14.14	—	$1,230
Mar 1994	83	4,780	12.46	—	$1,034
Feb 1994	1	3,696	12.50	—	$13
Jan 1994	84	5,304	12.66	—	$1,063
Dec 1993	92	6,077	12.33	—	$1,134
Nov 1993	99	6,007	14.49	—	$1,435
Oct 1993	105	7,647	15.85	—	$1,664
Sep 1993	0	6,232	15.03	—	$0
Aug 1993	89	3,911	15.66	—	$1,394
Jul 1993	72	6,091	15.46	—	$1,113
Jun 1993	58	2,308	16.79	—	$974
May 1993	0	4,978	17.68	—	$0
Apr 1993	68	5,910	18.05	—	$1,227
Mar 1993	65	5,892	18.14	—	$1,179
Feb 1993	71	5,784	17.90	—	$1,271
Jan 1993	73	7,400	16.93	—	$1,236

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.

Jan 2020 — as filed, then multipliedworked

Condensate            38 bbl  × $ 57.25 =     $2,176
Gas                    0 Mcf  × $  2.09 =         $0

────────────────────────────────────────────────────
Month total                                   $2,176

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/121437 is the state's own key, not one this site invented.