WERTZ

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

Operated by ROSE CITY RESOURCES, LLC (P-5 727892) in the GILMER (COTTON VALLEY SANDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168799District 06Field 349433002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.7 M

Apr 1998 – May 2026

Value, last 12 filed months

at the published price for each month

Months reported

338

no gaps in the span

Streams

condensate, gas

The GILMER (COTTON VALLEY SANDS) 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 80 leases and 80 wells, and the rule below applies to all of them.

Discovered

1979-01-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2019-01-23.

The Commission's schedule remark for this field reads: “P-16 & LEASE PLAT OR PRORAITON PLAT IF THEY CHOOSE.”

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	1998-07-17	138738
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	1,320 bbl	$57,247
Gas	Production	647,499 Mcf	$2,631,209
Total			$2,688,457

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 32.6193, -95.0392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61935, -95.03922 · 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

11,800 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 11,800 ft.

Completions filed

Apr 1998

1 of 1 wells

1 well


42-45930890	1	11,800 ft	Apr 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 (338)

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

338 months


May 2026	0	0	106.41	3.05	$0
Apr 2026	0	0	98.93	2.87	$0
Mar 2026	0	0	89.75	3.15	$0
Feb 2026	0	0	63.50	3.75	$0
Jan 2026	0	0	59.13	8.00	$0
Dec 2025	0	0	56.66	4.41	$0
Nov 2025	0	0	58.59	3.93	$0
Oct 2025	0	0	59.38	3.30	$0
Sep 2025	0	0	62.74	3.08	$0
Aug 2025	0	0	63.93	3.01	$0
Jul 2025	0	0	66.74	3.32	$0
Jun 2025	0	0	66.48	3.13	$0
May 2025	0	0	60.55	3.23	$0
Apr 2025	0	0	62.36	3.54	$0
Mar 2025	0	0	67.70	4.27	$0
Feb 2025	0	0	70.88	4.34	$0
Jan 2025	0	0	74.32	4.28	$0
Dec 2024	0	0	68.99	3.12	$0
Nov 2024	0	0	69.05	2.20	$0
Oct 2024	0	0	71.37	2.28	$0
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	0	0	78.81	2.20	$0
Apr 2024	0	0	84.45	1.66	$0
Mar 2024	0	0	80.30	1.55	$0
Feb 2024	0	0	76.09	1.78	$0
Jan 2024	0	0	73.02	3.30	$0
Dec 2023	0	0	71.26	2.61	$0
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	31	70.62	2.23	$69
Apr 2023	0	18	78.12	2.24	$40
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	23	75.11	2.47	$57
Jan 2023	0	47	76.53	3.39	$159
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
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	0	109.37	8.43	$0
Apr 2022	0	1	104.22	6.84	$7
Mar 2022	0	36	108.88	5.08	$183
Feb 2022	0	103	91.05	4.86	$500
Jan 2022	0	5	81.84	4.54	$23
Dec 2021	17	28	71.32	3.90	$1,322
Nov 2021	0	23	77.43	5.24	$120
Oct 2021	0	6	79.79	5.71	$34
Sep 2021	0	181	69.86	5.35	$969
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	127	70.78	3.98	$506
Jun 2021	0	31	69.49	3.38	$105
May 2021	0	243	63.48	3.02	$733
Apr 2021	0	418	60.36	2.76	$1,153
Mar 2021	0	236	61.30	2.72	$641
Feb 2021	0	258	57.80	5.55	$1,431
Jan 2021	0	220	50.41	2.81	$618
Dec 2020	0	122	44.64	2.68	$326
Nov 2020	0	321	38.77	2.71	$869
Oct 2020	0	505	36.97	2.48	$1,252
Sep 2020	0	593	37.09	1.99	$1,181
Aug 2020	0	1,262	39.98	2.39	$3,010
Jul 2020	0	129	38.37	1.83	$235
Jun 2020	0	536	34.90	1.69	$906
May 2020	59	671	16.92	1.81	$2,216
Apr 2020	0	483	14.75	1.80	$872
Mar 2020	0	398	30.34	1.86	$739
Feb 2020	0	802	49.88	1.98	$1,589
Jan 2020	0	27	57.25	2.09	$57
Dec 2019	0	552	59.01	2.30	$1,272
Nov 2019	0	163	55.30	2.75	$448
Oct 2019	0	1,437	53.47	2.42	$3,475
Sep 2019	0	794	55.05	2.66	$2,110
Aug 2019	0	734	53.11	2.30	$1,691
Jul 2019	1	923	56.27	2.46	$2,327
Jun 2019	0	548	52.78	2.49	$1,365
May 2019	0	994	58.48	2.74	$2,724
Apr 2019	0	1,014	62.63	2.75	$2,789
Mar 2019	0	1,322	56.80	3.06	$4,048
Feb 2019	0	1,647	50.85	2.79	$4,599
Jan 2019	0	1,264	46.03	3.23	$4,080
Dec 2018	0	5	46.59	4.19	$21
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	3	61.44	3.40	$10
Sep 2018	102	1,222	59.54	3.11	$9,871
Aug 2018	0	1,323	59.40	3.07	$4,057
Jul 2018	0	1,522	65.14	2.93	$4,462
Jun 2018	0	1,440	60.18	3.08	$4,431
May 2018	0	1,708	65.38	2.90	$4,955
Apr 2018	0	1,372	63.84	2.90	$3,980
Mar 2018	0	1,446	61.22	2.79	$4,030
Feb 2018	0	1,306	61.78	2.77	$3,613
Jan 2018	0	1,465	62.87	4.01	$5,874
Dec 2017	0	1,248	57.27	2.92	$3,646
Nov 2017	0	1,089	55.42	3.12	$3,396
Oct 2017	0	1,267	49.29	2.98	$3,780
Sep 2017	0	1,140	47.52	3.09	$3,520
Aug 2017	0	1,184	45.37	3.00	$3,557
Jul 2017	0	1,204	43.87	3.09	$3,717
Jun 2017	0	1,141	42.49	3.09	$3,523
May 2017	0	1,056	45.37	3.26	$3,446
Apr 2017	0	1,174	47.93	3.21	$3,770
Mar 2017	105	1,261	46.77	2.98	$8,673
Feb 2017	0	2,240	50.45	2.95	$6,614
Jan 2017	0	2,677	49.41	3.42	$9,152
Dec 2016	0	2,385	48.76	3.72	$8,879
Nov 2016	0	2,228	42.49	2.64	$5,892
Oct 2016	0	860	46.19	3.09	$2,658
Sep 2016	0	1,495	41.55	3.10	$4,635
Aug 2016	0	1,618	41.44	2.92	$4,732
Jul 2016	0	1,525	41.62	2.92	$4,460
Jun 2016	0	1,471	45.35	2.69	$3,951
May 2016	0	1,348	42.52	1.99	$2,684
Apr 2016	0	1,529	36.56	1.99	$3,044
Mar 2016	0	1,514	33.01	1.79	$2,716
Feb 2016	0	1,511	26.47	2.06	$3,118
Jan 2016	31	1,547	27.35	2.36	$4,506
Dec 2015	0	1,409	32.36	2.00	$2,820
Nov 2015	0	1,378	38.79	2.17	$2,987
Oct 2015	0	1,423	43.55	2.43	$3,453
Sep 2015	0	1,344	42.99	2.76	$3,707
Aug 2015	0	1,537	40.16	2.87	$4,415
Jul 2015	0	1,669	48.15	2.95	$4,915
Jun 2015	0	224	56.15	2.88	$646
May 2015	0	1,891	55.21	2.96	$5,589
Apr 2015	0	1,741	49.82	2.71	$4,712
Mar 2015	61	0	42.89	2.93	$2,616
Feb 2015	0	1,734	44.66	2.98	$5,161
Jan 2015	0	1,475	43.43	3.10	$4,573
Dec 2014	0	2,063	54.69	3.59	$7,409
Nov 2014	0	1,976	70.46	4.25	$8,402
Oct 2014	0	471	78.30	3.90	$1,837
Sep 2014	0	1,938	86.16	4.05	$7,840
Aug 2014	0	2,638	89.39	4.04	$10,645
Jul 2014	0	2,450	96.56	4.18	$10,240
Jun 2014	0	2,006	98.16	4.74	$9,502
May 2014	0	2,058	94.73	4.73	$9,727
Apr 2014	0	2,225	95.94	4.81	$10,700
Mar 2014	0	3,035	95.89	5.06	$15,347
Feb 2014	0	1,858	97.40	6.19	$11,505
Jan 2014	0	2,302	90.40	4.86	$11,189
Dec 2013	0	2,274	91.82	4.35	$9,902
Nov 2013	0	2,199	88.85	3.74	$8,220
Oct 2013	0	2,231	97.42	3.78	$8,432
Sep 2013	0	2,342	104.11	3.72	$8,707
Aug 2013	56	2,436	104.25	3.52	$14,419
Jul 2013	0	2,399	102.52	3.72	$8,919
Jun 2013	0	2,096	94.40	3.93	$8,244
May 2013	0	2,156	94.83	4.15	$8,945
Apr 2013	0	2,286	93.96	4.28	$9,790
Mar 2013	0	2,342	93.62	3.91	$9,164
Feb 2013	0	1,981	91.23	3.42	$6,775
Jan 2013	0	2,063	91.60	3.42	$7,055
Dec 2012	0	2,072	86.77	3.42	$7,087
Nov 2012	0	2,215	86.95	3.62	$8,029
Oct 2012	0	2,334	89.38	3.40	$7,935
Sep 2012	53	2,249	94.67	2.92	$11,581
Aug 2012	0	2,176	92.66	2.91	$6,328
Jul 2012	0	1,799	85.13	3.02	$5,434
Jun 2012	0	2,089	79.82	2.52	$5,262
May 2012	0	2,196	91.61	2.49	$5,464
Apr 2012	0	2,283	101.65	2.00	$4,559
Mar 2012	0	2,257	105.05	2.22	$5,015
Feb 2012	0	2,203	101.10	2.57	$5,662
Jan 2012	0	2,340	98.09	2.73	$6,398
Dec 2011	0	2,418	96.87	3.24	$7,834
Nov 2011	56	2,320	95.72	3.31	$13,042
Oct 2011	0	2,478	84.98	3.65	$9,041
Sep 2011	0	2,199	83.62	3.99	$8,765
Aug 2011	0	2,194	83.40	4.15	$9,104
Jul 2011	0	2,223	94.14	4.52	$10,042
Jun 2011	0	2,262	92.90	4.64	$10,495
May 2011	0	1,781	98.13	4.40	$7,845
Apr 2011	0	1,319	105.96	4.33	$5,716
Mar 2011	0	1,530	96.36	4.06	$6,208
Feb 2011	0	2,839	85.64	4.18	$11,867
Jan 2011	0	1,926	86.50	4.59	$8,838
Dec 2010	0	1,730	85.73	4.35	$7,522
Nov 2010	61	3,163	80.84	3.80	$16,936
Oct 2010	0	3,557	78.10	3.51	$12,481
Sep 2010	0	3,424	72.63	3.98	$13,626
Aug 2010	0	1,053	73.68	4.42	$4,654
Jul 2010	0	780	72.55	4.74	$3,694
Jun 2010	0	895	70.36	4.91	$4,395
May 2010	0	1,331	71.12	4.24	$5,637
Apr 2010	0	1,624	81.69	4.12	$6,695
Mar 2010	0	1,019	78.39	4.39	$4,472
Feb 2010	0	827	73.58	5.44	$4,501
Jan 2010	0	1,045	74.36	5.96	$6,232
Dec 2009	0	1,101	71.44	5.48	$6,038
Nov 2009	0	1,694	74.59	3.75	$6,355
Oct 2009	0	1,135	72.54	4.11	$4,665
Sep 2009	7	1,974	65.54	3.06	$6,509
Aug 2009	0	899	67.42	3.22	$2,893
Jul 2009	90	967	61.13	3.46	$8,852
Jun 2009	0	1,378	66.16	3.90	$5,367
May 2009	0	2,087	54.74	3.93	$8,193
Apr 2009	0	847	46.77	3.59	$3,039
Mar 2009	0	2,157	42.14	4.06	$8,755
Feb 2009	0	3,625	32.81	4.63	$16,795
Jan 2009	0	1,747	35.86	5.37	$9,383
Dec 2008	0	2,211	37.10	5.98	$13,215
Nov 2008	0	2,380	55.49	6.86	$16,328
Oct 2008	0	1,535	75.24	6.92	$10,625
Sep 2008	0	2,971	101.76	7.88	$23,403
Aug 2008	60	3,930	114.22	8.48	$40,191
Jul 2008	0	4,049	131.08	11.39	$46,116
Jun 2008	0	114	131.33	13.03	$1,486
May 2008	0	516	123.17	11.57	$5,972
Apr 2008	1	696	110.31	10.45	$7,387
Mar 2008	0	1,203	101.90	9.66	$11,626
Feb 2008	0	1,549	92.53	8.77	$13,586
Jan 2008	0	1,596	90.38	8.21	$13,096
Dec 2007	0	2,229	88.33	7.30	$16,276
Nov 2007	0	2,192	91.67	7.29	$15,983
Oct 2007	0	1,851	82.85	6.92	$12,813
Sep 2007	0	2,324	75.84	6.24	$14,511
Aug 2007	0	1,763	69.06	6.39	$11,262
Jul 2007	0	1,824	70.90	6.39	$11,652
Jun 2007	0	1,715	62.00	7.55	$12,946
May 2007	0	2,052	58.74	7.85	$16,101
Apr 2007	0	1,715	59.61	7.81	$13,386
Mar 2007	0	2,557	56.92	7.30	$18,671
Feb 2007	0	2,652	55.10	8.22	$21,789
Jan 2007	0	2,044	50.30	6.73	$13,750
Dec 2006	0	2,682	56.65	6.92	$18,555
Nov 2006	0	2,881	54.20	7.62	$21,946
Oct 2006	0	2,763	54.90	6.01	$16,616
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	1,865	68.71	7.34	$13,689
Jul 2006	0	1,847	69.37	6.34	$11,715
Jun 2006	0	1,509	66.28	6.38	$9,633
May 2006	0	2,144	66.01	6.42	$13,775
Apr 2006	0	1,778	64.39	7.36	$13,087
Mar 2006	0	1,396	56.70	7.08	$9,888
Feb 2006	0	1,441	57.59	7.75	$11,169
Jan 2006	0	1,560	60.59	8.93	$13,936
Dec 2005	0	1,837	54.94	13.42	$24,644
Nov 2005	0	1,402	54.69	10.59	$14,845
Oct 2005	0	1,575	58.34	13.80	$21,728
Sep 2005	0	1,169	61.45	12.08	$14,120
Aug 2005	0	1,384	61.51	9.80	$13,559
Jul 2005	0	1,186	55.69	7.84	$9,303
Jun 2005	0	1,638	52.33	7.38	$12,090
May 2005	0	1,798	45.22	6.65	$11,959
Apr 2005	0	1,905	49.20	7.36	$14,022
Mar 2005	0	1,559	50.37	7.15	$11,154
Feb 2005	0	1,656	45.22	6.31	$10,453
Jan 2005	0	1,632	43.16	6.32	$10,318
Dec 2004	0	2,105	39.86	6.75	$14,211
Nov 2004	0	3,109	45.28	6.33	$19,681
Oct 2004	0	1,967	49.70	6.52	$12,815
Sep 2004	0	1,974	43.24	5.28	$10,430
Aug 2004	0	2,493	42.37	5.55	$13,838
Jul 2004	0	1,681	38.28	6.08	$10,228
Jun 2004	0	1,846	36.10	6.43	$11,875
May 2004	0	1,688	37.48	6.49	$10,963
Apr 2004	0	1,865	34.47	5.86	$10,926
Mar 2004	0	1,559	34.36	5.53	$8,621
Feb 2004	0	2,229	32.45	5.51	$12,281
Jan 2004	0	2,258	32.03	6.30	$14,225
Dec 2003	0	2,012	30.26	6.30	$12,679
Nov 2003	0	2,832	28.80	4.60	$13,013
Oct 2003	0	3,239	28.17	4.76	$15,416
Sep 2003	0	2,409	26.31	4.75	$11,441
Aug 2003	0	3,084	29.76	5.13	$15,820
Jul 2003	0	2,128	29.41	5.17	$11,004
Jun 2003	0	2,110	28.56	5.98	$12,624
May 2003	0	2,216	26.59	5.97	$13,235
Apr 2003	0	2,069	26.67	5.41	$11,188
Mar 2003	0	1,686	31.14	6.10	$10,278
Feb 2003	0	2,439	33.48	7.93	$19,331
Jan 2003	0	2,537	30.31	5.58	$14,162
Dec 2002	0	2,561	26.91	4.85	$12,430
Nov 2002	0	2,586	24.66	4.14	$10,698
Oct 2002	0	2,744	26.46	4.23	$11,605
Sep 2002	0	2,459	27.44	3.64	$8,939
Aug 2002	0	2,868	25.96	3.16	$9,075
Jul 2002	0	2,803	24.58	3.06	$8,582
Jun 2002	0	2,200	23.73	3.34	$7,344
May 2002	0	2,377	24.66	3.58	$8,519
Apr 2002	0	2,612	23.65	3.51	$9,174
Mar 2002	0	2,768	22.00	3.10	$8,588
Feb 2002	0	2,277	18.22	2.38	$5,409
Jan 2002	0	2,361	17.17	2.38	$5,609
Dec 2001	0	2,004	16.93	2.36	$4,738
Nov 2001	0	1,886	18.07	2.41	$4,537
Oct 2001	0	2,604	19.78	2.53	$6,585
Sep 2001	0	2,428	24.26	2.25	$5,466
Aug 2001	0	1,253	24.87	3.05	$3,826
Jul 2001	0	2,031	23.93	3.20	$6,493
Jun 2001	0	2,385	24.56	3.82	$9,121
May 2001	0	2,623	25.52	4.31	$11,298
Apr 2001	0	2,228	24.68	5.34	$11,887
Mar 2001	0	2,767	24.54	5.38	$14,877
Feb 2001	0	3,104	27.75	5.77	$17,901
Jan 2001	0	3,027	27.47	8.40	$25,423
Dec 2000	0	3,537	26.88	9.12	$32,266
Nov 2000	0	3,810	32.21	5.66	$21,557
Oct 2000	0	5,064	31.23	5.15	$26,057
Sep 2000	0	4,899	31.87	5.19	$25,409
Aug 2000	0	5,487	29.64	4.54	$24,915
Jul 2000	0	6,546	28.53	4.09	$26,772
Jun 2000	0	4,936	29.30	4.40	$21,705
May 2000	0	3,543	27.26	3.68	$13,037
Apr 2000	0	3,800	24.51	3.12	$11,841
Mar 2000	0	4,096	28.42	2.86	$11,714
Feb 2000	0	3,922	27.62	2.73	$10,693
Jan 2000	0	3,274	25.27	2.48	$8,121
Dec 1999	0	4,079	24.28	2.42	$9,886
Nov 1999	0	1,244	23.19	2.43	$3,028
Oct 1999	0	4,252	20.98	2.80	$11,921
Sep 1999	0	4,235	21.75	2.62	$11,091
Aug 1999	0	4,592	19.26	2.88	$13,205
Jul 1999	0	4,223	17.89	2.37	$10,019
Jun 1999	0	4,944	15.94	2.36	$11,678
May 1999	0	4,319	15.79	2.32	$10,024
Apr 1999	134	8,130	15.10	2.21	$19,975
Mar 1999	6	8,721	12.47	1.84	$16,107
Feb 1999	10	6,696	9.98	1.82	$12,272
Jan 1999	0	7,952	10.38	1.90	$15,108
Dec 1998	185	8,705	9.20	1.77	$17,139
Nov 1998	3	7,721	10.89	2.19	$16,909
Oct 1998	4	8,616	12.42	1.97	$17,016
Sep 1998	0	9,178	12.59	2.08	$19,114
Aug 1998	190	10,453	11.30	1.91	$22,085
Jul 1998	7	11,837	11.74	2.24	$26,565
Jun 1998	12	13,388	11.24	2.24	$30,087
May 1998	6	17,448	12.62	2.21	$38,572
Apr 1998	3	15,875	13.04	2.51	$39,811

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 2023 — as filed, then multipliedworked

Condensate             0 bbl  × $ 70.62 =         $0
Gas                   31 Mcf  × $  2.23 =        $69

────────────────────────────────────────────────────
Month total                                      $69

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/168799 is the state's own key, not one this site invented.