BANKS, W. R.

Name: BANKS, W. R. lease production and value, Jun 1995 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by XTO ENERGY INC. (P-5 945936) in the CARTHAGE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155528District 06Field 160328122 tax incentive programmesCondensateGasSave Export

Value, all time

$419 k

Jun 1995 – May 2026

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

372

no gaps in the span

Streams

condensate, gas

The CARTHAGE (TRAVIS PEAK) 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 873 leases and 896 wells, and the rule below applies to all of them.

Discovered

1943-06-10

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-10-10.

The Commission's schedule remark for this field reads: “(PETTIT, LOWER).”

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	2002-12-12	150026
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	4,487 bbl	$215,304
Gas	Production	193,048 Mcf	$203,728
Total			$419,032

123,328 Mcf of this lease's gas, across 17 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 32.1508, -94.3527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15079, -94.35272 · 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

9,950 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 9,950 ft.

Completions filed

Jun 1995

1 of 1 wells

1 well


42-36533110	7-U	9,950 ft	Jun 1995	—	—

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 (372)

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

372 months


May 2026	2	49	106.41	3.05	$362
Apr 2026	2	33	98.93	2.87	$293
Mar 2026	2	45	89.75	3.15	$321
Feb 2026	1	18	63.50	3.75	$131
Jan 2026	1	17	59.13	8.00	$195
Dec 2025	1	15	56.66	4.41	$123
Nov 2025	0	5	58.59	3.93	$20
Oct 2025	0	8	59.38	3.30	$26
Sep 2025	0	3	62.74	3.08	$9
Aug 2025	0	11	63.93	3.01	$33
Jul 2025	0	9	66.74	3.32	$30
Jun 2025	0	0	66.48	3.13	$0
May 2025	0	6	60.55	3.23	$19
Apr 2025	0	0	62.36	3.54	$0
Mar 2025	1	15	67.70	4.27	$132
Feb 2025	0	11	70.88	4.34	$48
Jan 2025	0	0	74.32	4.28	$0
Dec 2024	1	12	68.99	3.12	$106
Nov 2024	0	5	69.05	2.20	$11
Oct 2024	0	5	71.37	2.28	$11
Sep 2024	0	7	69.61	2.36	$17
Aug 2024	0	0	75.63	2.06	$0
Jul 2024	0	3	79.93	2.15	$6
Jun 2024	1	15	78.08	2.63	$118
May 2024	1	9	78.81	2.20	$99
Apr 2024	2	35	84.45	1.66	$227
Mar 2024	2	27	80.30	1.55	$202
Feb 2024	6	88	76.09	1.78	$614
Jan 2024	8	162	73.02	3.30	$1,118
Dec 2023	8	137	71.26	2.61	$928
Nov 2023	13	197	77.89	2.81	$1,566
Oct 2023	33	292	85.44	3.09	$3,721
Sep 2023	65	1,424	89.04	2.74	$9,682
Aug 2023	54	1,668	80.52	2.67	$8,806
Jul 2023	9	217	74.85	2.64	$1,247
Jun 2023	10	202	68.96	2.26	$1,146
May 2023	7	124	70.62	2.23	$771
Apr 2023	8	150	78.12	2.24	$961
Mar 2023	16	292	72.85	2.39	$1,864
Feb 2023	17	275	75.11	2.47	$1,955
Jan 2023	16	277	76.53	3.39	$2,163
Dec 2022	11	263	76.41	5.73	$2,347
Nov 2022	6	96	85.00	5.65	$1,052
Oct 2022	9	195	87.18	5.86	$1,928
Sep 2022	8	189	84.88	8.16	$2,222
Aug 2022	8	161	94.52	9.13	$2,226
Jul 2022	8	169	101.58	7.54	$2,087
Jun 2022	6	136	115.09	7.98	$1,775
May 2022	7	122	109.37	8.43	$1,794
Apr 2022	11	215	104.22	6.84	$2,617
Mar 2022	15	250	108.88	5.08	$2,902
Feb 2022	16	269	91.05	4.86	$2,764
Jan 2022	17	254	81.84	4.54	$2,544
Dec 2021	18	350	71.32	3.90	$2,648
Nov 2021	21	413	77.43	5.24	$3,789
Oct 2021	4	129	79.79	5.71	$1,056
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	1	1	70.78	3.98	$75
Jun 2021	1	24	69.49	3.38	$151
May 2021	3	44	63.48	3.02	$323
Apr 2021	3	57	60.36	2.76	$338
Mar 2021	6	91	61.30	2.72	$615
Feb 2021	9	137	57.80	5.55	$1,280
Jan 2021	16	272	50.41	2.81	$1,571
Dec 2020	18	343	44.64	2.68	$1,721
Nov 2020	15	196	38.77	2.71	$1,112
Oct 2020	20	358	36.97	2.48	$1,627
Sep 2020	22	379	37.09	1.99	$1,571
Aug 2020	23	562	39.98	2.39	$2,260
Jul 2020	14	175	38.37	1.83	$857
Jun 2020	23	458	34.90	1.69	$1,577
May 2020	24	450	16.92	1.81	$1,223
Apr 2020	27	446	14.75	1.80	$1,203
Mar 2020	28	435	30.34	1.86	$1,657
Feb 2020	31	453	49.88	1.98	$2,444
Jan 2020	29	508	57.25	2.09	$2,724
Dec 2019	7	523	59.01	2.30	$1,618
Nov 2019	34	505	55.30	2.75	$3,269
Oct 2019	37	533	53.47	2.42	$3,267
Sep 2019	35	524	55.05	2.66	$3,319
Aug 2019	45	700	53.11	2.30	$4,003
Jul 2019	37	663	56.27	2.46	$3,713
Jun 2019	44	625	52.78	2.49	$3,879
May 2019	45	635	58.48	2.74	$4,372
Apr 2019	49	647	62.63	2.75	$4,849
Mar 2019	53	697	56.80	3.06	$5,145
Feb 2019	52	681	50.85	2.79	$4,546
Jan 2019	56	764	46.03	3.23	$5,044
Dec 2018	61	836	46.59	4.19	$6,341
Nov 2018	70	975	52.93	4.24	$7,836
Oct 2018	73	1,362	61.44	3.40	$9,113
Sep 2018	1	40	59.54	3.11	$184
Aug 2018	0	110	59.40	3.07	$337
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	3	3	60.18	3.08	$190
May 2018	2	35	65.38	2.90	$232
Apr 2018	2	27	63.84	2.90	$206
Mar 2018	3	43	61.22	2.79	$303
Feb 2018	5	70	61.78	2.77	$503
Jan 2018	8	124	62.87	4.01	$1,000
Dec 2017	12	174	57.27	2.92	$1,196
Nov 2017	19	285	55.42	3.12	$1,942
Oct 2017	24	452	49.29	2.98	$2,532
Sep 2017	32	630	47.52	3.09	$3,466
Aug 2017	44	825	45.37	3.00	$4,475
Jul 2017	55	1,355	43.87	3.09	$6,596
Jun 2017	58	1,448	42.49	3.09	$6,935
May 2017	61	1,091	45.37	3.26	$6,328
Apr 2017	77	1,371	47.93	3.21	$8,094
Mar 2017	80	1,187	46.77	2.98	$7,283
Feb 2017	83	1,140	50.45	2.95	$7,553
Jan 2017	67	1,345	49.41	3.42	$7,909
Dec 2016	91	1,433	48.76	3.72	$9,772
Nov 2016	101	1,462	42.49	2.64	$8,158
Oct 2016	111	1,648	46.19	3.09	$10,220
Sep 2016	97	1,755	41.55	3.10	$9,472
Aug 2016	104	1,866	41.44	2.92	$9,767
Jul 2016	104	2,031	41.62	2.92	$10,268
Jun 2016	123	1,767	45.35	2.69	$10,324
May 2016	152	1,675	42.52	1.99	$9,798
Apr 2016	148	1,513	36.56	1.99	$8,423
Mar 2016	131	1,370	33.01	1.79	$6,782
Feb 2016	121	1,192	26.47	2.06	$5,663
Jan 2016	213	1,102	27.35	2.36	$8,431
Dec 2015	205	952	32.36	2.00	$8,539
Nov 2015	112	772	38.79	2.17	$6,018
Oct 2015	93	699	43.55	2.43	$5,746
Sep 2015	84	548	42.99	2.76	$5,123
Aug 2015	53	433	40.16	2.87	$3,372
Jul 2015	33	311	48.15	2.95	$2,505
Jun 2015	39	478	56.15	2.88	$3,568
May 2015	26	320	55.21	2.96	$2,381
Apr 2015	17	124	49.82	2.71	$1,183
Mar 2015	48	96	42.89	2.93	$2,340
Feb 2015	33	159	44.66	2.98	$1,947
Jan 2015	20	63	43.43	3.10	$1,064
Dec 2014	50	132	54.69	3.59	$3,209
Nov 2014	77	183	70.46	4.25	$6,204
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	2	28.42	2.86	$6
Feb 2000	0	36	27.62	2.73	$98
Jan 2000	0	43	25.27	2.48	$107
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	1	0	19.26	2.88	$19
Jul 1999	0	105	17.89	2.37	$249
Jun 1999	1	162	15.94	2.36	$399
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	46	12.59	2.08	$96
Aug 1998	0	99	11.30	1.91	$189
Jul 1998	0	61	11.74	2.24	$136
Jun 1998	0	195	11.24	2.24	$436
May 1998	0	335	12.62	2.21	$739
Apr 1998	0	242	13.04	2.51	$606
Mar 1998	0	178	12.80	2.31	$411
Feb 1998	0	118	13.95	2.30	$271
Jan 1998	0	395	14.70	2.15	$851
Dec 1997	0	194	16.32	2.41	$468
Nov 1997	0	270	18.19	3.09	$834
Oct 1997	0	537	19.25	3.15	$1,691
Sep 1997	0	625	17.74	2.95	$1,847
Aug 1997	0	545	17.86	2.55	$1,392
Jul 1997	0	354	17.58	2.25	$795
Jun 1997	0	196	17.24	2.26	$442
May 1997	0	312	18.97	2.31	$720
Apr 1997	0	362	17.88	2.08	$754
Mar 1997	0	337	18.95	1.94	$653
Feb 1997	0	592	20.49	2.21	$1,306
Jan 1997	0	2,402	23.48	3.54	$8,502
Dec 1996	0	1,319	23.32	—	$0
Nov 1996	0	782	21.97	—	$0
Oct 1996	0	1,515	23.31	—	$0
Sep 1996	0	881	22.22	—	$0
Aug 1996	0	1,820	20.26	—	$0
Jul 1996	0	2,105	19.55	—	$0
Jun 1996	0	3,301	18.73	—	$0
May 1996	0	3,307	19.43	—	$0
Apr 1996	0	4,210	21.51	—	$0
Mar 1996	0	4,569	19.38	—	$0
Feb 1996	0	4,880	16.98	—	$0
Jan 1996	0	7,467	17.07	—	$0
Dec 1995	0	8,761	17.19	—	$0
Nov 1995	0	12,029	16.00	—	$0
Oct 1995	0	11,263	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	26,035	15.92	—	$0
Jul 1995	0	29,084	15.24	—	$0
Jun 1995	0	0	16.41	—	$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.

May 2026 — as filed, then multipliedworked

Condensate             2 bbl  × $106.41 =       $213
Gas                   49 Mcf  × $  3.05 =       $149

────────────────────────────────────────────────────
Month total                                     $362

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/155528 is the state's own key, not one this site invented.