ARNOLD GAS UNIT #1

Name: ARNOLD GAS UNIT #1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by FAULCONER ENERGY, LLC (P-5 263648) in the OVERTON (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 84391District 06Field 67849150NGPA filingCondensateGasSave Export

Value, all time

$2.5 M

Jan 1993 – Aug 2021

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

344

no gaps in the span

Streams

condensate, gas

The OVERTON (COTTON VALLEY SAND) 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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered

1977-02-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 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 2014-03-25.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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	3	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	2,957 bbl	$88,977
Gas	Production	801,029 Mcf	$2,397,062
Total			$2,486,039

237,830 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 32.1996, -95.0808. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.19955, -95.08077 · 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

12,340 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 12,340 ft.

Completions filed

Aug 2021

1 of 1 wells

1 well


42-42330354	1	12,340 ft	Aug 2021	—	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 (344)

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

344 months


Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	25	0	63.48	3.02	$1,587
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	243	57.80	5.55	$1,348
Jan 2021	0	402	50.41	2.81	$1,130
Dec 2020	0	363	44.64	2.68	$971
Nov 2020	0	293	38.77	2.71	$793
Oct 2020	0	349	36.97	2.48	$865
Sep 2020	0	408	37.09	1.99	$812
Aug 2020	0	430	39.98	2.39	$1,026
Jul 2020	0	414	38.37	1.83	$756
Jun 2020	0	409	34.90	1.69	$691
May 2020	0	373	16.92	1.81	$677
Apr 2020	0	401	14.75	1.80	$724
Mar 2020	0	413	30.34	1.86	$767
Feb 2020	20	329	49.88	1.98	$1,649
Jan 2020	0	415	57.25	2.09	$869
Dec 2019	0	429	59.01	2.30	$989
Nov 2019	0	431	55.30	2.75	$1,186
Oct 2019	0	472	53.47	2.42	$1,142
Sep 2019	0	415	55.05	2.66	$1,103
Aug 2019	169	442	53.11	2.30	$9,994
Jul 2019	0	443	56.27	2.46	$1,090
Jun 2019	0	463	52.78	2.49	$1,153
May 2019	0	464	58.48	2.74	$1,272
Apr 2019	0	475	62.63	2.75	$1,307
Mar 2019	0	484	56.80	3.06	$1,482
Feb 2019	0	459	50.85	2.79	$1,282
Jan 2019	0	476	46.03	3.23	$1,537
Dec 2018	0	502	46.59	4.19	$2,101
Nov 2018	0	509	52.93	4.24	$2,157
Oct 2018	0	516	61.44	3.40	$1,753
Sep 2018	0	515	59.54	3.11	$1,601
Aug 2018	0	505	59.40	3.07	$1,549
Jul 2018	0	559	65.14	2.93	$1,639
Jun 2018	0	495	60.18	3.08	$1,523
May 2018	0	539	65.38	2.90	$1,564
Apr 2018	0	545	63.84	2.90	$1,581
Mar 2018	0	527	61.22	2.79	$1,469
Feb 2018	0	499	61.78	2.77	$1,380
Jan 2018	0	526	62.87	4.01	$2,109
Dec 2017	0	549	57.27	2.92	$1,604
Nov 2017	0	477	55.42	3.12	$1,487
Oct 2017	0	450	49.29	2.98	$1,343
Sep 2017	0	370	47.52	3.09	$1,142
Aug 2017	0	545	45.37	3.00	$1,637
Jul 2017	0	551	43.87	3.09	$1,701
Jun 2017	0	520	42.49	3.09	$1,605
May 2017	0	561	45.37	3.26	$1,831
Apr 2017	0	452	47.93	3.21	$1,452
Mar 2017	0	553	46.77	2.98	$1,650
Feb 2017	0	555	50.45	2.95	$1,639
Jan 2017	0	605	49.41	3.42	$2,068
Dec 2016	0	581	48.76	3.72	$2,163
Nov 2016	0	517	42.49	2.64	$1,367
Oct 2016	0	507	46.19	3.09	$1,567
Sep 2016	0	433	41.55	3.10	$1,343
Aug 2016	0	611	41.44	2.92	$1,787
Jul 2016	0	525	41.62	2.92	$1,535
Jun 2016	0	583	45.35	2.69	$1,566
May 2016	0	618	42.52	1.99	$1,230
Apr 2016	0	584	36.56	1.99	$1,163
Mar 2016	0	626	33.01	1.79	$1,123
Feb 2016	0	604	26.47	2.06	$1,246
Jan 2016	0	674	27.35	2.36	$1,594
Dec 2015	0	684	32.36	2.00	$1,369
Nov 2015	0	619	38.79	2.17	$1,342
Oct 2015	0	685	43.55	2.43	$1,662
Sep 2015	0	701	42.99	2.76	$1,934
Aug 2015	0	748	40.16	2.87	$2,149
Jul 2015	0	683	48.15	2.95	$2,011
Jun 2015	0	656	56.15	2.88	$1,891
May 2015	0	531	55.21	2.96	$1,569
Apr 2015	0	295	49.82	2.71	$798
Mar 2015	0	562	42.89	2.93	$1,649
Feb 2015	0	601	44.66	2.98	$1,789
Jan 2015	0	677	43.43	3.10	$2,099
Dec 2014	0	676	54.69	3.59	$2,428
Nov 2014	0	650	70.46	4.25	$2,764
Oct 2014	0	670	78.30	3.90	$2,614
Sep 2014	0	659	86.16	4.05	$2,666
Aug 2014	0	710	89.39	4.04	$2,865
Jul 2014	0	746	96.56	4.18	$3,118
Jun 2014	0	591	98.16	4.74	$2,800
May 2014	0	488	94.73	4.73	$2,307
Apr 2014	0	645	95.94	4.81	$3,102
Mar 2014	0	701	95.89	5.06	$3,545
Feb 2014	0	627	97.40	6.19	$3,882
Jan 2014	0	721	90.40	4.86	$3,505
Dec 2013	0	781	91.82	4.35	$3,401
Nov 2013	0	790	88.85	3.74	$2,953
Oct 2013	0	886	97.42	3.78	$3,349
Sep 2013	0	838	104.11	3.72	$3,115
Aug 2013	0	1,090	104.25	3.52	$3,840
Jul 2013	0	832	102.52	3.72	$3,093
Jun 2013	0	871	94.40	3.93	$3,426
May 2013	0	685	94.83	4.15	$2,842
Apr 2013	0	906	93.96	4.28	$3,880
Mar 2013	0	801	93.62	3.91	$3,134
Feb 2013	0	781	91.23	3.42	$2,671
Jan 2013	0	859	91.60	3.42	$2,938
Dec 2012	0	720	86.77	3.42	$2,463
Nov 2012	0	627	86.95	3.62	$2,273
Oct 2012	0	732	89.38	3.40	$2,489
Sep 2012	0	745	94.67	2.92	$2,174
Aug 2012	0	788	92.66	2.91	$2,292
Jul 2012	0	777	85.13	3.02	$2,347
Jun 2012	7	786	79.82	2.52	$2,539
May 2012	0	748	91.61	2.49	$1,861
Apr 2012	0	603	101.65	2.00	$1,204
Mar 2012	0	725	105.05	2.22	$1,611
Feb 2012	0	924	101.10	2.57	$2,375
Jan 2012	0	939	98.09	2.73	$2,567
Dec 2011	0	761	96.87	3.24	$2,465
Nov 2011	0	928	95.72	3.31	$3,073
Oct 2011	0	943	84.98	3.65	$3,441
Sep 2011	0	941	83.62	3.99	$3,751
Aug 2011	183	930	83.40	4.15	$19,121
Jul 2011	0	1,047	94.14	4.52	$4,730
Jun 2011	0	872	92.90	4.64	$4,046
May 2011	0	1,031	98.13	4.40	$4,541
Apr 2011	0	1,045	105.96	4.33	$4,528
Mar 2011	0	1,083	96.36	4.06	$4,394
Feb 2011	0	954	85.64	4.18	$3,988
Jan 2011	0	992	86.50	4.59	$4,552
Dec 2010	0	986	85.73	4.35	$4,287
Nov 2010	0	1,225	80.84	3.80	$4,649
Oct 2010	0	1,213	78.10	3.51	$4,256
Sep 2010	0	1,147	72.63	3.98	$4,564
Aug 2010	0	1,209	73.68	4.42	$5,343
Jul 2010	0	1,248	72.55	4.74	$5,911
Jun 2010	0	1,258	70.36	4.91	$6,177
May 2010	0	1,376	71.12	4.24	$5,828
Apr 2010	0	1,509	81.69	4.12	$6,221
Mar 2010	0	885	78.39	4.39	$3,884
Feb 2010	0	647	73.58	5.44	$3,521
Jan 2010	0	699	74.36	5.96	$4,169
Dec 2009	0	546	71.44	5.48	$2,994
Nov 2009	0	542	74.59	3.75	$2,033
Oct 2009	0	445	72.54	4.11	$1,829
Sep 2009	0	706	65.54	3.06	$2,164
Aug 2009	0	974	67.42	3.22	$3,135
Jul 2009	0	952	61.13	3.46	$3,298
Jun 2009	0	597	66.16	3.90	$2,325
May 2009	0	855	54.74	3.93	$3,357
Apr 2009	0	593	46.77	3.59	$2,127
Mar 2009	0	404	42.14	4.06	$1,640
Feb 2009	0	63	32.81	4.63	$292
Jan 2009	0	87	35.86	5.37	$467
Dec 2008	0	109	37.10	5.98	$652
Nov 2008	0	883	55.49	6.86	$6,058
Oct 2008	0	800	75.24	6.92	$5,538
Sep 2008	0	637	101.76	7.88	$5,018
Aug 2008	0	571	114.22	8.48	$4,844
Jul 2008	0	780	131.08	11.39	$8,884
Jun 2008	0	695	131.33	13.03	$9,058
May 2008	0	559	123.17	11.57	$6,470
Apr 2008	0	533	110.31	10.45	$5,572
Mar 2008	0	496	101.90	9.66	$4,793
Feb 2008	0	417	92.53	8.77	$3,657
Jan 2008	0	466	90.38	8.21	$3,824
Dec 2007	0	517	88.33	7.30	$3,775
Nov 2007	0	542	91.67	7.29	$3,952
Oct 2007	0	1,057	82.85	6.92	$7,317
Sep 2007	0	862	75.84	6.24	$5,382
Aug 2007	0	930	69.06	6.39	$5,941
Jul 2007	0	1,232	70.90	6.39	$7,870
Jun 2007	0	1,400	62.00	7.55	$10,568
May 2007	0	473	58.74	7.85	$3,711
Apr 2007	0	725	59.61	7.81	$5,659
Mar 2007	0	658	56.92	7.30	$4,805
Feb 2007	0	601	55.10	8.22	$4,938
Jan 2007	0	772	50.30	6.73	$5,193
Dec 2006	170	1,012	56.65	6.92	$16,632
Nov 2006	0	1,263	54.20	7.62	$9,621
Oct 2006	0	1,716	54.90	6.01	$10,320
Sep 2006	0	1,834	60.08	5.04	$9,238
Aug 2006	0	1,994	68.71	7.34	$14,636
Jul 2006	0	1,558	69.37	6.34	$9,882
Jun 2006	0	873	66.28	6.38	$5,573
May 2006	0	1,514	66.01	6.42	$9,727
Apr 2006	0	2,400	64.39	7.36	$17,665
Mar 2006	0	2,278	56.70	7.08	$16,135
Feb 2006	0	1,706	57.59	7.75	$13,223
Jan 2006	0	2,337	60.59	8.93	$20,877
Dec 2005	0	3,041	54.94	13.42	$40,796
Nov 2005	0	2,880	54.69	10.59	$30,495
Oct 2005	0	3,211	58.34	13.80	$44,298
Sep 2005	0	3,181	61.45	12.08	$38,423
Aug 2005	0	3,338	61.51	9.80	$32,702
Jul 2005	0	3,910	55.69	7.84	$30,669
Jun 2005	0	3,647	52.33	7.38	$26,919
May 2005	131	2,204	45.22	6.65	$20,583
Apr 2005	0	2,392	49.20	7.36	$17,606
Mar 2005	0	4,243	50.37	7.15	$30,358
Feb 2005	0	2,138	45.22	6.31	$13,495
Jan 2005	0	3,186	43.16	6.32	$20,143
Dec 2004	0	3,030	39.86	6.75	$20,456
Nov 2004	0	3,475	45.28	6.33	$21,998
Oct 2004	0	2,156	49.70	6.52	$14,047
Sep 2004	0	3,479	43.24	5.28	$18,383
Aug 2004	133	3,810	42.37	5.55	$26,783
Jul 2004	0	3,835	38.28	6.08	$23,333
Jun 2004	0	3,780	36.10	6.43	$24,317
May 2004	0	3,750	37.48	6.49	$24,355
Apr 2004	0	3,935	34.47	5.86	$23,053
Mar 2004	0	4,335	34.36	5.53	$23,973
Feb 2004	0	4,360	32.45	5.51	$24,022
Jan 2004	0	3,916	32.03	6.30	$24,669
Dec 2003	0	3,746	30.26	6.30	$23,606
Nov 2003	0	5,828	28.80	4.60	$26,781
Oct 2003	0	3,099	28.17	4.76	$14,750
Sep 2003	84	1,869	26.31	4.75	$11,087
Aug 2003	0	2,046	29.76	5.13	$10,495
Jul 2003	0	4,053	29.41	5.17	$20,957
Jun 2003	0	4,270	28.56	5.98	$25,547
May 2003	0	4,940	26.59	5.97	$29,505
Apr 2003	168	4,391	26.67	5.41	$28,224
Mar 2003	0	4,277	31.14	6.10	$26,073
Feb 2003	0	2,984	33.48	7.93	$23,651
Jan 2003	0	3,997	30.31	5.58	$22,311
Dec 2002	0	4,477	26.91	4.85	$21,730
Nov 2002	0	4,832	24.66	4.14	$19,990
Oct 2002	0	3,880	26.46	4.23	$16,409
Sep 2002	0	3,965	27.44	3.64	$14,414
Aug 2002	0	3,949	25.96	3.16	$12,495
Jul 2002	0	2,983	24.58	3.06	$9,133
Jun 2002	0	4,598	23.73	3.34	$15,349
May 2002	0	5,338	24.66	3.58	$19,131
Apr 2002	0	4,329	23.65	3.51	$15,205
Mar 2002	183	5,255	22.00	3.10	$20,331
Feb 2002	0	3,096	18.22	2.38	$7,355
Jan 2002	0	3,856	17.17	2.38	$9,161
Dec 2001	0	4,724	16.93	2.36	$11,169
Nov 2001	0	3,328	18.07	2.41	$8,006
Oct 2001	0	3,253	19.78	2.53	$8,226
Sep 2001	0	4,691	24.26	2.25	$10,561
Aug 2001	1	3,966	24.87	3.05	$12,134
Jul 2001	0	3,031	23.93	3.20	$9,690
Jun 2001	0	2,779	24.56	3.82	$10,627
May 2001	0	2,970	25.52	4.31	$12,793
Apr 2001	1	2,314	24.68	5.34	$12,371
Mar 2001	0	2,459	24.54	5.38	$13,221
Feb 2001	0	940	27.75	5.77	$5,421
Jan 2001	0	3,050	27.47	8.40	$25,616
Dec 2000	0	4,205	26.88	9.12	$38,360
Nov 2000	186	4,433	32.21	5.66	$31,073
Oct 2000	0	4,005	31.23	5.15	$20,608
Sep 2000	0	4,218	31.87	5.19	$21,877
Aug 2000	0	4,600	29.64	4.54	$20,887
Jul 2000	0	4,548	28.53	4.09	$18,600
Jun 2000	1	4,057	29.30	4.40	$17,869
May 2000	0	4,334	27.26	3.68	$15,948
Apr 2000	0	4,131	24.51	3.12	$12,872
Mar 2000	0	4,694	28.42	2.86	$13,424
Feb 2000	0	4,529	27.62	2.73	$12,348
Jan 2000	0	4,590	25.27	2.48	$11,386
Dec 1999	180	4,837	24.28	2.42	$16,094
Nov 1999	0	4,441	23.19	2.43	$10,809
Oct 1999	0	5,061	20.98	2.80	$14,190
Sep 1999	0	4,784	21.75	2.62	$12,529
Aug 1999	0	4,218	19.26	2.88	$12,129
Jul 1999	0	4,739	17.89	2.37	$11,243
Jun 1999	0	4,481	15.94	2.36	$10,585
May 1999	0	5,029	15.79	2.32	$11,672
Apr 1999	0	5,108	15.10	2.21	$11,279
Mar 1999	0	4,967	12.47	1.84	$9,131
Feb 1999	1	4,213	9.98	1.82	$7,668
Jan 1999	0	5,574	10.38	1.90	$10,590
Dec 1998	186	4,508	9.20	1.77	$9,705
Nov 1998	0	5,230	10.89	2.19	$11,431
Oct 1998	0	5,722	12.42	1.97	$11,268
Sep 1998	0	5,917	12.59	2.08	$12,323
Aug 1998	0	4,197	11.30	1.91	$8,005
Jul 1998	0	4,359	11.74	2.24	$9,752
Jun 1998	0	3,945	11.24	2.24	$8,826
May 1998	0	3,869	12.62	2.21	$8,536
Apr 1998	0	4,089	13.04	2.51	$10,244
Mar 1998	0	4,342	12.80	2.31	$10,028
Feb 1998	0	3,620	13.95	2.30	$8,323
Jan 1998	195	4,528	14.70	2.15	$12,623
Dec 1997	0	4,403	16.32	2.41	$10,616
Nov 1997	0	4,129	18.19	3.09	$12,751
Oct 1997	0	4,433	19.25	3.15	$13,963
Sep 1997	0	3,648	17.74	2.95	$10,779
Aug 1997	0	4,365	17.86	2.55	$11,151
Jul 1997	0	4,135	17.58	2.25	$9,291
Jun 1997	0	4,587	17.24	2.26	$10,354
May 1997	0	5,635	18.97	2.31	$13,008
Apr 1997	0	3,326	17.88	2.08	$6,927
Mar 1997	0	4,607	18.95	1.94	$8,934
Feb 1997	0	5,343	20.49	2.21	$11,786
Jan 1997	0	2,235	23.48	3.54	$7,911
Dec 1996	0	4,218	23.32	—	$0
Nov 1996	0	3,556	21.97	—	$0
Oct 1996	0	5,022	23.31	—	$0
Sep 1996	0	4,941	22.22	—	$0
Aug 1996	0	4,528	20.26	—	$0
Jul 1996	0	4,648	19.55	—	$0
Jun 1996	179	5,184	18.73	—	$3,353
May 1996	0	5,649	19.43	—	$0
Apr 1996	0	5,886	21.51	—	$0
Mar 1996	0	3,034	19.38	—	$0
Feb 1996	0	4,637	16.98	—	$0
Jan 1996	0	5,721	17.07	—	$0
Dec 1995	0	5,372	17.19	—	$0
Nov 1995	0	5,265	16.00	—	$0
Oct 1995	0	5,572	15.43	—	$0
Sep 1995	0	5,809	16.18	—	$0
Aug 1995	183	4,543	15.92	—	$2,913
Jul 1995	0	6,121	15.24	—	$0
Jun 1995	0	4,621	16.41	—	$0
May 1995	0	6,313	17.56	—	$0
Apr 1995	0	7,634	17.73	—	$0
Mar 1995	0	4,565	16.44	—	$0
Feb 1995	0	4,202	16.58	—	$0
Jan 1995	0	4,231	15.92	—	$0
Dec 1994	0	4,482	15.03	—	$0
Nov 1994	0	5,234	15.90	—	$0
Oct 1994	0	4,656	15.58	—	$0
Sep 1994	179	4,954	15.29	—	$2,737
Aug 1994	0	4,939	16.13	—	$0
Jul 1994	0	5,102	17.56	—	$0
Jun 1994	0	5,111	17.09	—	$0
May 1994	0	5,434	15.88	—	$0
Apr 1994	0	5,841	14.14	—	$0
Mar 1994	0	5,895	12.46	—	$0
Feb 1994	0	5,423	12.50	—	$0
Jan 1994	19	5,384	12.66	—	$241
Dec 1993	195	5,448	12.33	—	$2,404
Nov 1993	0	4,396	14.49	—	$0
Oct 1993	0	1,981	15.85	—	$0
Sep 1993	0	646	15.03	—	$0
Aug 1993	0	5,009	15.66	—	$0
Jul 1993	0	5,053	15.46	—	$0
Jun 1993	0	4,939	16.79	—	$0
May 1993	0	4,815	17.68	—	$0
Apr 1993	0	4,117	18.05	—	$0
Mar 1993	0	6,049	18.14	—	$0
Feb 1993	0	5,909	17.90	—	$0
Jan 1993	178	5,741	16.93	—	$3,014

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 2021 — as filed, then multipliedworked

Condensate            25 bbl  × $ 63.48 =     $1,587
Gas                    0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $1,587

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/84391 is the state's own key, not one this site invented.