JUDKINS GAS UNIT III

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

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the SAND HILLS (JUDKINS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 78734District 08Field 80473248Hydrogen sulphide fieldGasSave Export

Value, all time

$624 k

Jan 1993 – May 2026

Value, last 12 filed months

$9 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

gas

The SAND HILLS (JUDKINS) 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 452 leases and 1,103 wells, and the rule below applies to all of them.

Discovered

1960-09-01

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 10 acres. The field rule took effect on 2025-01-29.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “ORDER 8-48935 EFF. 6/6/62.”

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
Gas	Production	217,030 Mcf	$624,115
Total			$624,115

70,032 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 31.4554, -102.5904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45543, -102.59035 · 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

3,192 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 3,192 ft.

Completions filed

Sep 1978

1 of 1 wells

1 well


42-10303258	6	3,192 ft	Sep 1978	—	—

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 (401)

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

401 months


May 2026	0	106.41	3.05	$0
Apr 2026	0	98.93	2.87	$0
Mar 2026	0	89.75	3.15	$0
Feb 2026	16	63.50	3.75	$60
Jan 2026	255	59.13	8.00	$2,039
Dec 2025	434	56.66	4.41	$1,915
Nov 2025	246	58.59	3.93	$966
Oct 2025	113	59.38	3.30	$373
Sep 2025	341	62.74	3.08	$1,049
Aug 2025	344	63.93	3.01	$1,037
Jul 2025	292	66.74	3.32	$968
Jun 2025	317	66.48	3.13	$992
May 2025	345	60.55	3.23	$1,115
Apr 2025	332	62.36	3.54	$1,176
Mar 2025	332	67.70	4.27	$1,417
Feb 2025	319	70.88	4.34	$1,385
Jan 2025	373	74.32	4.28	$1,596
Dec 2024	228	68.99	3.12	$712
Nov 2024	0	69.05	2.20	$0
Oct 2024	89	71.37	2.28	$203
Sep 2024	165	69.61	2.36	$390
Aug 2024	79	75.63	2.06	$163
Jul 2024	194	79.93	2.15	$416
Jun 2024	159	78.08	2.63	$419
May 2024	137	78.81	2.20	$301
Apr 2024	144	84.45	1.66	$239
Mar 2024	194	80.30	1.55	$300
Feb 2024	227	76.09	1.78	$405
Jan 2024	247	73.02	3.30	$815
Dec 2023	337	71.26	2.61	$880
Nov 2023	293	77.89	2.81	$823
Oct 2023	307	85.44	3.09	$948
Sep 2023	279	89.04	2.74	$763
Aug 2023	225	80.52	2.67	$601
Jul 2023	290	74.85	2.64	$766
Jun 2023	255	68.96	2.26	$576
May 2023	292	70.62	2.23	$650
Apr 2023	295	78.12	2.24	$660
Mar 2023	243	72.85	2.39	$582
Feb 2023	232	75.11	2.47	$572
Jan 2023	184	76.53	3.39	$623
Dec 2022	347	76.41	5.73	$1,988
Nov 2022	253	85.00	5.65	$1,428
Oct 2022	196	87.18	5.86	$1,149
Sep 2022	150	84.88	8.16	$1,225
Aug 2022	201	94.52	9.13	$1,835
Jul 2022	274	101.58	7.54	$2,067
Jun 2022	278	115.09	7.98	$2,218
May 2022	264	109.37	8.43	$2,226
Apr 2022	300	104.22	6.84	$2,051
Mar 2022	327	108.88	5.08	$1,660
Feb 2022	208	91.05	4.86	$1,011
Jan 2022	111	81.84	4.54	$504
Dec 2021	304	71.32	3.90	$1,185
Nov 2021	307	77.43	5.24	$1,608
Oct 2021	309	79.79	5.71	$1,766
Sep 2021	325	69.86	5.35	$1,739
Aug 2021	254	66.02	4.22	$1,072
Jul 2021	352	70.78	3.98	$1,402
Jun 2021	150	69.49	3.38	$507
May 2021	265	63.48	3.02	$800
Apr 2021	295	60.36	2.76	$814
Mar 2021	189	61.30	2.72	$514
Feb 2021	187	57.80	5.55	$1,037
Jan 2021	256	50.41	2.81	$719
Dec 2020	298	44.64	2.68	$797
Nov 2020	304	38.77	2.71	$823
Oct 2020	317	36.97	2.48	$786
Sep 2020	223	37.09	1.99	$444
Aug 2020	247	39.98	2.39	$589
Jul 2020	258	38.37	1.83	$471
Jun 2020	210	34.90	1.69	$355
May 2020	216	16.92	1.81	$392
Apr 2020	258	14.75	1.80	$466
Mar 2020	283	30.34	1.86	$525
Feb 2020	265	49.88	1.98	$525
Jan 2020	228	57.25	2.09	$478
Dec 2019	88	59.01	2.30	$203
Nov 2019	296	55.30	2.75	$814
Oct 2019	288	53.47	2.42	$697
Sep 2019	304	55.05	2.66	$808
Aug 2019	346	53.11	2.30	$797
Jul 2019	229	56.27	2.46	$563
Jun 2019	280	52.78	2.49	$698
May 2019	241	58.48	2.74	$660
Apr 2019	230	62.63	2.75	$633
Mar 2019	179	56.80	3.06	$548
Feb 2019	278	50.85	2.79	$776
Jan 2019	269	46.03	3.23	$868
Dec 2018	313	46.59	4.19	$1,310
Nov 2018	283	52.93	4.24	$1,199
Oct 2018	398	61.44	3.40	$1,352
Sep 2018	62	59.54	3.11	$193
Aug 2018	149	59.40	3.07	$457
Jul 2018	191	65.14	2.93	$560
Jun 2018	288	60.18	3.08	$886
May 2018	318	65.38	2.90	$922
Apr 2018	334	63.84	2.90	$969
Mar 2018	337	61.22	2.79	$939
Feb 2018	338	61.78	2.77	$935
Jan 2018	322	62.87	4.01	$1,291
Dec 2017	348	57.27	2.92	$1,017
Nov 2017	33	55.42	3.12	$103
Oct 2017	240	49.29	2.98	$716
Sep 2017	305	47.52	3.09	$942
Aug 2017	104	45.37	3.00	$312
Jul 2017	271	43.87	3.09	$837
Jun 2017	276	42.49	3.09	$852
May 2017	291	45.37	3.26	$950
Apr 2017	268	47.93	3.21	$861
Mar 2017	237	46.77	2.98	$707
Feb 2017	149	50.45	2.95	$440
Jan 2017	145	49.41	3.42	$496
Dec 2016	290	48.76	3.72	$1,080
Nov 2016	267	42.49	2.64	$706
Oct 2016	291	46.19	3.09	$899
Sep 2016	291	41.55	3.10	$902
Aug 2016	300	41.44	2.92	$877
Jul 2016	293	41.62	2.92	$857
Jun 2016	248	45.35	2.69	$666
May 2016	163	42.52	1.99	$325
Apr 2016	204	36.56	1.99	$406
Mar 2016	220	33.01	1.79	$395
Feb 2016	220	26.47	2.06	$454
Jan 2016	257	27.35	2.36	$608
Dec 2015	269	32.36	2.00	$538
Nov 2015	270	38.79	2.17	$585
Oct 2015	302	43.55	2.43	$733
Sep 2015	311	42.99	2.76	$858
Aug 2015	301	40.16	2.87	$865
Jul 2015	303	48.15	2.95	$892
Jun 2015	273	56.15	2.88	$787
May 2015	277	55.21	2.96	$819
Apr 2015	355	49.82	2.71	$961
Mar 2015	6	42.89	2.93	$18
Feb 2015	0	44.66	2.98	$0
Jan 2015	0	43.43	3.10	$0
Dec 2014	242	54.69	3.59	$869
Nov 2014	270	70.46	4.25	$1,148
Oct 2014	236	78.30	3.90	$921
Sep 2014	338	86.16	4.05	$1,367
Aug 2014	350	89.39	4.04	$1,412
Jul 2014	350	96.56	4.18	$1,463
Jun 2014	205	98.16	4.74	$971
May 2014	228	94.73	4.73	$1,078
Apr 2014	587	95.94	4.81	$2,823
Mar 2014	260	95.89	5.06	$1,315
Feb 2014	248	97.40	6.19	$1,536
Jan 2014	299	90.40	4.86	$1,453
Dec 2013	344	91.82	4.35	$1,498
Nov 2013	320	88.85	3.74	$1,196
Oct 2013	378	97.42	3.78	$1,429
Sep 2013	300	104.11	3.72	$1,115
Aug 2013	379	104.25	3.52	$1,335
Jul 2013	303	102.52	3.72	$1,126
Jun 2013	319	94.40	3.93	$1,255
May 2013	312	94.83	4.15	$1,295
Apr 2013	320	93.96	4.28	$1,370
Mar 2013	310	93.62	3.91	$1,213
Feb 2013	265	91.23	3.42	$906
Jan 2013	319	91.60	3.42	$1,091
Dec 2012	333	86.77	3.42	$1,139
Nov 2012	341	86.95	3.62	$1,236
Oct 2012	338	89.38	3.40	$1,149
Sep 2012	351	94.67	2.92	$1,024
Aug 2012	366	92.66	2.91	$1,064
Jul 2012	379	85.13	3.02	$1,145
Jun 2012	271	79.82	2.52	$683
May 2012	324	91.61	2.49	$806
Apr 2012	295	101.65	2.00	$589
Mar 2012	304	105.05	2.22	$676
Feb 2012	260	101.10	2.57	$668
Jan 2012	348	98.09	2.73	$951
Dec 2011	243	96.87	3.24	$787
Nov 2011	369	95.72	3.31	$1,222
Oct 2011	389	84.98	3.65	$1,419
Sep 2011	332	83.62	3.99	$1,323
Aug 2011	352	83.40	4.15	$1,461
Jul 2011	362	94.14	4.52	$1,635
Jun 2011	326	92.90	4.64	$1,513
May 2011	262	98.13	4.40	$1,154
Apr 2011	290	105.96	4.33	$1,257
Mar 2011	300	96.36	4.06	$1,217
Feb 2011	265	85.64	4.18	$1,108
Jan 2011	286	86.50	4.59	$1,312
Dec 2010	286	85.73	4.35	$1,243
Nov 2010	232	80.84	3.80	$881
Oct 2010	416	78.10	3.51	$1,460
Sep 2010	367	72.63	3.98	$1,460
Aug 2010	394	73.68	4.42	$1,741
Jul 2010	416	72.55	4.74	$1,970
Jun 2010	387	70.36	4.91	$1,900
May 2010	382	71.12	4.24	$1,618
Apr 2010	347	81.69	4.12	$1,431
Mar 2010	372	78.39	4.39	$1,633
Feb 2010	356	73.58	5.44	$1,937
Jan 2010	407	74.36	5.96	$2,427
Dec 2009	395	71.44	5.48	$2,166
Nov 2009	425	74.59	3.75	$1,594
Oct 2009	438	72.54	4.11	$1,800
Sep 2009	321	65.54	3.06	$984
Aug 2009	418	67.42	3.22	$1,345
Jul 2009	440	61.13	3.46	$1,524
Jun 2009	349	66.16	3.90	$1,359
May 2009	358	54.74	3.93	$1,405
Apr 2009	253	46.77	3.59	$908
Mar 2009	365	42.14	4.06	$1,482
Feb 2009	326	32.81	4.63	$1,510
Jan 2009	413	35.86	5.37	$2,218
Dec 2008	408	37.10	5.98	$2,439
Nov 2008	427	55.49	6.86	$2,929
Oct 2008	460	75.24	6.92	$3,184
Sep 2008	304	101.76	7.88	$2,395
Aug 2008	434	114.22	8.48	$3,682
Jul 2008	478	131.08	11.39	$5,444
Jun 2008	440	131.33	13.03	$5,734
May 2008	376	123.17	11.57	$4,352
Apr 2008	381	110.31	10.45	$3,983
Mar 2008	405	101.90	9.66	$3,914
Feb 2008	341	92.53	8.77	$2,991
Jan 2008	395	90.38	8.21	$3,241
Dec 2007	428	88.33	7.30	$3,125
Nov 2007	431	91.67	7.29	$3,143
Oct 2007	413	82.85	6.92	$2,859
Sep 2007	455	75.84	6.24	$2,841
Aug 2007	416	69.06	6.39	$2,657
Jul 2007	433	70.90	6.39	$2,766
Jun 2007	305	62.00	7.55	$2,302
May 2007	437	58.74	7.85	$3,429
Apr 2007	264	59.61	7.81	$2,061
Mar 2007	433	56.92	7.30	$3,162
Feb 2007	424	55.10	8.22	$3,484
Jan 2007	474	50.30	6.73	$3,189
Dec 2006	440	56.65	6.92	$3,044
Nov 2006	450	54.20	7.62	$3,428
Oct 2006	484	54.90	6.01	$2,911
Sep 2006	456	60.08	5.04	$2,297
Aug 2006	421	68.71	7.34	$3,090
Jul 2006	459	69.37	6.34	$2,911
Jun 2006	446	66.28	6.38	$2,847
May 2006	527	66.01	6.42	$3,386
Apr 2006	427	64.39	7.36	$3,143
Mar 2006	388	56.70	7.08	$2,748
Feb 2006	311	57.59	7.75	$2,411
Jan 2006	411	60.59	8.93	$3,672
Dec 2005	409	54.94	13.42	$5,487
Nov 2005	393	54.69	10.59	$4,161
Oct 2005	449	58.34	13.80	$6,194
Sep 2005	451	61.45	12.08	$5,448
Aug 2005	495	61.51	9.80	$4,849
Jul 2005	498	55.69	7.84	$3,906
Jun 2005	526	52.33	7.38	$3,882
May 2005	169	45.22	6.65	$1,124
Apr 2005	1	49.20	7.36	$7
Mar 2005	65	50.37	7.15	$465
Feb 2005	454	45.22	6.31	$2,866
Jan 2005	522	43.16	6.32	$3,300
Dec 2004	605	39.86	6.75	$4,084
Nov 2004	539	45.28	6.33	$3,412
Oct 2004	651	49.70	6.52	$4,241
Sep 2004	632	43.24	5.28	$3,339
Aug 2004	680	42.37	5.55	$3,774
Jul 2004	643	38.28	6.08	$3,912
Jun 2004	654	36.10	6.43	$4,207
May 2004	515	37.48	6.49	$3,345
Apr 2004	556	34.47	5.86	$3,257
Mar 2004	566	34.36	5.53	$3,130
Feb 2004	542	32.45	5.51	$2,986
Jan 2004	645	32.03	6.30	$4,063
Dec 2003	710	30.26	6.30	$4,474
Nov 2003	651	28.80	4.60	$2,991
Oct 2003	746	28.17	4.76	$3,551
Sep 2003	735	26.31	4.75	$3,491
Aug 2003	751	29.76	5.13	$3,852
Jul 2003	767	29.41	5.17	$3,966
Jun 2003	734	28.56	5.98	$4,391
May 2003	652	26.59	5.97	$3,894
Apr 2003	725	26.67	5.41	$3,920
Mar 2003	709	31.14	6.10	$4,322
Feb 2003	674	33.48	7.93	$5,342
Jan 2003	619	30.31	5.58	$3,455
Dec 2002	742	26.91	4.85	$3,601
Nov 2002	800	24.66	4.14	$3,310
Oct 2002	585	26.46	4.23	$2,474
Sep 2002	738	27.44	3.64	$2,683
Aug 2002	797	25.96	3.16	$2,522
Jul 2002	775	24.58	3.06	$2,373
Jun 2002	789	23.73	3.34	$2,634
May 2002	570	24.66	3.58	$2,043
Apr 2002	660	23.65	3.51	$2,318
Mar 2002	691	22.00	3.10	$2,144
Feb 2002	551	18.22	2.38	$1,309
Jan 2002	758	17.17	2.38	$1,801
Dec 2001	859	16.93	2.36	$2,031
Nov 2001	819	18.07	2.41	$1,970
Oct 2001	816	19.78	2.53	$2,064
Sep 2001	855	24.26	2.25	$1,925
Aug 2001	922	24.87	3.05	$2,815
Jul 2001	905	23.93	3.20	$2,893
Jun 2001	760	24.56	3.82	$2,906
May 2001	717	25.52	4.31	$3,088
Apr 2001	532	24.68	5.34	$2,838
Mar 2001	670	24.54	5.38	$3,602
Feb 2001	602	27.75	5.77	$3,472
Jan 2001	718	27.47	8.40	$6,030
Dec 2000	683	26.88	9.12	$6,231
Nov 2000	625	32.21	5.66	$3,536
Oct 2000	479	31.23	5.15	$2,465
Sep 2000	749	31.87	5.19	$3,885
Aug 2000	736	29.64	4.54	$3,342
Jul 2000	764	28.53	4.09	$3,125
Jun 2000	754	29.30	4.40	$3,316
May 2000	863	27.26	3.68	$3,176
Apr 2000	862	24.51	3.12	$2,686
Mar 2000	698	28.42	2.86	$1,996
Feb 2000	459	27.62	2.73	$1,251
Jan 2000	624	25.27	2.48	$1,548
Dec 1999	644	24.28	2.42	$1,561
Nov 1999	544	23.19	2.43	$1,324
Oct 1999	615	20.98	2.80	$1,724
Sep 1999	563	21.75	2.62	$1,474
Aug 1999	440	19.26	2.88	$1,265
Jul 1999	400	17.89	2.37	$949
Jun 1999	336	15.94	2.36	$794
May 1999	351	15.79	2.32	$815
Apr 1999	383	15.10	2.21	$846
Mar 1999	418	12.47	1.84	$768
Feb 1999	557	9.98	1.82	$1,013
Jan 1999	919	10.38	1.90	$1,746
Dec 1998	1,210	9.20	1.77	$2,146
Nov 1998	1,170	10.89	2.19	$2,557
Oct 1998	1,234	12.42	1.97	$2,430
Sep 1998	782	12.59	2.08	$1,629
Aug 1998	900	11.30	1.91	$1,717
Jul 1998	745	11.74	2.24	$1,667
Jun 1998	601	11.24	2.24	$1,345
May 1998	604	12.62	2.21	$1,333
Apr 1998	501	13.04	2.51	$1,255
Mar 1998	584	12.80	2.31	$1,349
Feb 1998	606	13.95	2.30	$1,393
Jan 1998	890	14.70	2.15	$1,918
Dec 1997	1,174	16.32	2.41	$2,831
Nov 1997	1,028	18.19	3.09	$3,175
Oct 1997	1,182	19.25	3.15	$3,723
Sep 1997	1,105	17.74	2.95	$3,265
Aug 1997	1,066	17.86	2.55	$2,723
Jul 1997	1,045	17.58	2.25	$2,348
Jun 1997	985	17.24	2.26	$2,223
May 1997	1,101	18.97	2.31	$2,542
Apr 1997	973	17.88	2.08	$2,027
Mar 1997	1,061	18.95	1.94	$2,057
Feb 1997	968	20.49	2.21	$2,135
Jan 1997	1,138	23.48	3.54	$4,028
Dec 1996	1,165	23.32	—	$0
Nov 1996	1,232	21.97	—	$0
Oct 1996	1,296	23.31	—	$0
Sep 1996	1,224	22.22	—	$0
Aug 1996	1,247	20.26	—	$0
Jul 1996	1,255	19.55	—	$0
Jun 1996	1,266	18.73	—	$0
May 1996	1,248	19.43	—	$0
Apr 1996	1,257	21.51	—	$0
Mar 1996	1,360	19.38	—	$0
Feb 1996	1,013	16.98	—	$0
Jan 1996	1,200	17.07	—	$0
Dec 1995	1,350	17.19	—	$0
Nov 1995	1,349	16.00	—	$0
Oct 1995	1,432	15.43	—	$0
Sep 1995	1,453	16.18	—	$0
Aug 1995	1,528	15.92	—	$0
Jul 1995	1,442	15.24	—	$0
Jun 1995	1,305	16.41	—	$0
May 1995	1,386	17.56	—	$0
Apr 1995	1,313	17.73	—	$0
Mar 1995	1,336	16.44	—	$0
Feb 1995	1,354	16.58	—	$0
Jan 1995	1,533	15.92	—	$0
Dec 1994	1,581	15.03	—	$0
Nov 1994	1,605	15.90	—	$0
Oct 1994	1,596	15.58	—	$0
Sep 1994	1,463	15.29	—	$0
Aug 1994	1,568	16.13	—	$0
Jul 1994	1,519	17.56	—	$0
Jun 1994	1,348	17.09	—	$0
May 1994	1,563	15.88	—	$0
Apr 1994	1,252	14.14	—	$0
Mar 1994	1,574	12.46	—	$0
Feb 1994	1,295	12.50	—	$0
Jan 1994	1,618	12.66	—	$0
Dec 1993	1,687	12.33	—	$0
Nov 1993	1,664	14.49	—	$0
Oct 1993	1,736	15.85	—	$0
Sep 1993	1,750	15.03	—	$0
Aug 1993	1,850	15.66	—	$0
Jul 1993	1,826	15.46	—	$0
Jun 1993	1,796	16.79	—	$0
May 1993	1,790	17.68	—	$0
Apr 1993	1,624	18.05	—	$0
Mar 1993	1,601	18.14	—	$0
Feb 1993	1,488	17.90	—	$0
Jan 1993	1,694	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.

Feb 2026 — as filed, then multipliedworked

Gas                   16 Mcf  × $  3.75 =        $60

────────────────────────────────────────────────────
Month total                                      $60

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. 08/G/78734 is the state's own key, not one this site invented.