CONNELL, HATTIE, ET AL

Operated by RING ENERGY, INC. (P-5 712382) in the C-BAR (TUBB) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20348District 08Field 14200800OilCasinghead gasSave
Value, all time
$29.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$852 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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.

StreamBasisVolumeValue
OilDisposition541,512 bbl$26,247,154
Casinghead gasProduction992,834 Mcf$2,973,325
Total$29,220,479

200,909 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 (36)

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 31.5814, -102.5930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.0 miles.

31.58043, -102.59531 · centre of the wells drawn, derived

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
58.3%
21 of 36 wells
With a plug date
25.0%
9 of 36 wells
Median depth
5,388 ft
22 wells filed one
Completion to plug
33.0 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
2158.3%
A plug date is filed
925.0%
BothOn the schedule and plugged. Neither fact cancels the other.
925.0%
NeitherNo plug date, and not on the schedule.
1541.7%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 22 of 36 wells. Median 5,388 ft, with the middle half between 5,346 and 5,450 ft; the shallowest is 855 ft and the deepest 8,500 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

60s
70s
80s
90s
00s
10s
20s

Last completion by decade, 22 of 36 wells, Jan 1965 – Apr 2022. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1965 – Apr 2022
22 of 36 wells; 14 filed none
Plug dates filed
Mar 1987 – Sep 2025
9 of 36 wells; 27 filed none

Last completion to plug: a median of 33.0 years across the 6 wells that filed both dates, with the middle half between 15.0 years and 35.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

36 wells

42-10300737A 77,678 ftMar 1987Yes
42-10300749G 85,450 ftDec 1987Yes
42-10381925A 12Yes
42-10381926A 13Yes
42-10381927E 9Yes
42-10381928E 13Yes
42-10381929E 144,759 ftYes
42-10381930F 78,500 ftJan 2004Yes
42-10381932F 9Yes
42-10381933F 105,320 ftYes
42-10381935G 125,320 ftYes
42-10381937H 5Yes
42-10381938I 8Yes
42-10310564F 11
42-10310811G 135,364 ftApr 2022Yes
42-10336048201H5,340 ftDec 2021
42-10310554A 115,370 ftAug 2020Sep 2025Yes
42-10333376A 235,750 ftFeb 2015Nov 2024Yes
42-10336082202H5,805 ftMar 2013
42-10336087203H5,411 ftMar 2013
42-10336089204H855 ftDec 2012
42-10335999200H4,705 ftOct 2012
42-10310853G 145,370 ftMay 1991Yes
42-10333375E 235,700 ftJun 1984
42-10332121A 215,450 ftOct 1979Dec 2014Yes
42-10332270A 225,450 ftMay 1978Jan 2014Yes
42-10310313A 105,424 ftFeb 1978
42-10310851F 125,389 ftJan 1966
42-10310826H 65,387 ftJan 1966Oct 1996Yes
42-10310560I 9Aug 1965
42-10310558H 4Jun 1965
42-10310555E 125,367 ftMay 1965Sep 2019Yes
42-10310561E 11Apr 1965
42-10300760G 2Apr 1965
42-10310566E 10Mar 1965
42-10381931F 8Jan 1965

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 2026695758106.413.05$76,264
Apr 202685674798.932.87$86,828
Mar 202666552689.753.15$61,340
Feb 202671666763.503.75$47,967
Jan 202675070859.138.00$50,010
Dec 202583161756.664.41$49,808
Nov 202592564358.593.93$56,720
Oct 202588481659.383.30$55,189
Sep 202591688162.743.08$60,181
Aug 20251,3661,12463.933.01$90,717
Jul 20251,7392,02866.743.32$122,784
Jun 20251,3072,20266.483.13$93,779
May 20251,1281,96460.553.23$74,649
Apr 20251,0851,20862.363.54$71,941
Mar 20251,24995367.704.27$88,625
Feb 20251,2702,06670.884.34$98,986
Jan 20255481,26274.324.28$46,127
Dec 20241,11594568.993.12$79,874
Nov 20241,33378769.052.20$93,774
Oct 20241,2661,59471.372.28$93,991
Sep 20241,8712,19269.612.36$135,423
Aug 20241,3942,55975.632.06$110,709
Jul 20241,4731,80379.932.15$121,607
Jun 20241,3042,05178.082.63$107,219
May 20241,8323,06078.812.20$151,107
Apr 20241,5792,48984.451.66$137,476
Mar 20241,6392,58680.301.55$135,607
Feb 20241,7132,20576.091.78$134,275
Jan 20241,7002,38273.023.30$131,989
Dec 20231,3421,42571.262.61$99,351
Nov 20231,3651,89677.892.81$111,643
Oct 20231,1301,77985.443.09$102,039
Sep 20231,1721,64589.042.74$108,854
Aug 20231,3751,86980.522.67$115,711
Jul 202392398574.852.64$71,689
Jun 20239761,34168.962.26$70,334
May 202396996970.622.23$70,589
Apr 202397795478.122.24$78,458
Mar 20231,0381,17872.852.39$78,437
Feb 202394288675.112.47$72,938
Jan 20231,3991,20476.533.39$111,144
Dec 20221,3851,24976.415.73$112,983
Nov 20221,6281,40285.005.65$146,296
Oct 20221,6981,75687.185.86$158,328
Sep 20221,8681,72584.888.16$172,638
Aug 20221,8502,10294.529.13$194,047
Jul 20221,9141,950101.587.54$209,131
Jun 20221,4171,445115.097.98$174,610
May 20221,5211,024109.378.43$174,987
Apr 20221,5881,085104.226.84$172,920
Mar 20221,6251,273108.885.08$183,392
Feb 20221,3141,66791.054.86$127,739
Jan 20222,1701,48581.844.54$184,331
Dec 20212,4121,49871.323.90$177,865
Nov 20211,9881,32277.435.24$160,854
Oct 20212,2771,39279.795.71$189,636
Sep 20212,2621,27969.865.35$164,867
Aug 20212,6271,87966.024.22$181,365
Jul 20212,8512,00370.783.98$209,770
Jun 20212,2351,45169.493.38$160,215
May 20212,5931,89763.483.02$170,328
Apr 20212,4751,50360.362.76$153,537
Mar 20212,2811,82761.302.72$144,789
Feb 20211,6401,11357.805.55$100,967
Jan 20212,3161,07250.412.81$119,762
Dec 20201,8601,40944.642.68$86,800
Nov 20202,1631,23638.772.71$87,205
Oct 20202,0611,45636.972.48$79,804
Sep 20201,73193137.091.99$66,056
Aug 20202,1181,56839.982.39$88,417
Jul 20202,0372,02038.371.83$81,846
Jun 20201,7231,32334.901.69$62,369
May 2020011616.921.81$211
Apr 20202,0571,28014.751.80$32,650
Mar 20201,6001,21530.341.86$50,799
Feb 20201,3541,06249.881.98$69,641
Jan 20202,2771,51357.252.09$133,528
Dec 20191,9611,45959.012.30$119,081
Nov 20191,8411,31655.302.75$105,427
Oct 20191,9451,74253.472.42$108,212
Sep 20192,0212,05455.052.66$116,714
Aug 20191,9442,51253.112.30$109,034
Jul 20192,0414,10256.272.46$124,938
Jun 20192,4844,38152.782.49$142,019
May 20192,3244,81858.482.74$149,110
Apr 20191,5843,23662.632.75$108,107
Mar 20191,3061,49656.803.06$78,762
Feb 20191,4411,30550.852.79$76,919
Jan 20199871,10646.033.23$49,002
Dec 20181,0351,48946.594.19$54,453
Nov 20186701,55652.934.24$42,056
Oct 20180061.443.40$0
Sep 201825059.543.11$1,489
Aug 20181,5251,94159.403.07$96,537
Jul 20181,2283,03065.142.93$88,876
Jun 201805160.183.08$157
May 201835922265.382.90$24,115
Apr 20180063.842.90$0
Mar 2018023861.222.79$663
Feb 20180061.782.77$0
Jan 2018121062.874.01$7,607
Dec 20170057.272.92$0
Nov 20171,0912,65255.423.12$68,733
Oct 20175001,64449.292.98$29,550
Sep 201730933447.523.09$15,715
Aug 20173672545.373.00$16,726
Jul 20173821,69943.873.09$22,004
Jun 20171,6212,97342.493.09$78,055
May 20171,9393,92745.373.26$100,788
Apr 20172,1344,48547.933.21$116,687
Mar 20172,0704,61746.772.98$110,590
Feb 20171,6403,34150.452.95$92,603
Jan 20172,1394,44649.413.42$120,888
Dec 20161,8154,76248.763.72$106,228
Nov 20161,4914,77842.492.64$75,987
Oct 20161,9145,24846.193.09$104,625
Sep 20161,7755,75741.553.10$91,602
Aug 20161,5984,93441.442.92$80,650
Jul 20161,4714,12041.622.92$73,271
Jun 20161,3413,15945.352.69$69,299
May 20161,6424,94542.521.99$79,664
Apr 20161,6415,40636.561.99$70,759
Mar 20161,8706,21033.011.79$72,870
Feb 20161,4045,24126.472.06$47,979
Jan 20161,7715,45227.352.36$61,327
Dec 20152,4016,71132.362.00$91,128
Nov 20151,9637,13538.792.17$91,609
Oct 20151,6986,54343.552.43$89,825
Sep 20151,4953,02242.992.76$72,606
Aug 20152,2438,37940.162.87$114,147
Jul 20152,0128,65148.152.95$122,356
Jun 20152,0529,02556.152.88$141,238
May 20152,18110,27455.212.96$150,777
Apr 20152,3429,68349.822.71$142,886
Mar 20152,3248,75942.892.93$125,381
Feb 20152,2137,89344.662.98$122,324
Jan 20152,6538,90243.433.10$142,822
Dec 20142,7978,85954.693.59$184,784
Nov 20142,9439,50670.464.25$247,782
Oct 20142,0838,44878.303.90$196,054
Sep 20141,6183,97186.164.05$155,471
Aug 20141,7738,02389.394.04$190,862
Jul 20142,9707,74596.564.18$319,154
Jun 20142,3387,15998.164.74$263,409
May 20142,5246,61194.734.73$270,346
Apr 20143,0547,14495.944.81$327,357
Mar 20141,0631,45395.895.06$109,279
Feb 20149551,10997.406.19$99,884
Jan 201498093590.404.86$93,137
Dec 201396190991.824.35$92,197
Nov 201384475288.853.74$77,801
Oct 201384984797.423.78$85,911
Sep 2013578784104.113.72$63,090
Aug 2013784930104.253.52$85,008
Jul 2013781915102.523.72$83,470
Jun 201377768394.403.93$76,035
May 201383099994.834.15$82,854
Apr 201340344193.964.28$39,755
Mar 20131,05366893.623.91$101,196
Feb 201359672691.233.42$56,856
Jan 201363955191.603.42$60,417
Dec 201257197186.773.42$52,867
Nov 201266084786.953.62$60,457
Oct 201264269389.383.40$59,738
Sep 201267249894.672.92$65,072
Aug 201257852492.662.91$55,081
Jul 201272452985.133.02$63,232
Jun 201264061279.822.52$52,626
May 201280750791.612.49$75,191
Apr 2012816670101.652.00$84,284
Mar 2012868705105.052.22$92,750
Feb 2012788620101.102.57$81,260
Jan 201294055498.092.73$93,719
Dec 201174350796.873.24$73,617
Nov 201187059395.723.31$85,240
Oct 201194159984.983.65$82,152
Sep 201172462183.623.99$63,016
Aug 201170067883.404.15$61,193
Jul 201183468794.144.52$81,616
Jun 201181963392.904.64$79,022
May 201168347898.134.40$69,128
Apr 2011670608105.964.33$73,628
Mar 201195664596.364.06$94,737
Feb 201160641585.644.18$53,633
Jan 201174968686.504.59$67,936
Dec 201066154685.734.35$59,041
Nov 201079677780.843.80$67,298
Oct 20109091,00078.103.51$74,502
Sep 20101,025072.633.98$74,446
Aug 20108731,14073.684.42$69,361
Jul 20101,0321,01172.554.74$79,660
Jun 20109911,15470.364.91$75,393
May 20109701,29871.124.24$74,484
Apr 20109011,09781.694.12$78,125
Mar 20101,0791,17778.394.39$89,748
Feb 201094688773.585.44$74,434
Jan 201098792674.365.96$78,916
Dec 20091,2511,02871.445.48$95,009
Nov 20091,0721,02674.593.75$83,810
Oct 20091,1601,00072.544.11$88,257
Sep 20091,2371,46765.543.06$85,569
Aug 20091,0471,01167.423.22$73,843
Jul 20091,1391,03461.133.46$73,209
Jun 20091,2441,10666.163.90$86,611
May 20091,2301,23754.743.93$72,186
Apr 20091,30484046.773.59$64,002
Mar 20091,56894142.144.06$69,895
Feb 20091,16678732.814.63$41,903
Jan 20091,03670935.865.37$40,959
Dec 20081,22766037.105.98$49,467
Nov 20081,02662755.496.86$61,234
Oct 20081,01272875.246.92$81,182
Sep 2008998830101.767.88$108,094
Aug 20081,137844114.228.48$137,028
Jul 20081,111921131.0811.39$156,120
Jun 20081,056923131.3313.03$150,714
May 20089301,099123.1711.57$127,268
Apr 2008571628110.3110.45$69,553
Mar 2008744884101.909.66$84,357
Feb 200874994892.538.77$77,619
Jan 200889791390.388.21$88,563
Dec 20071,0361,05788.337.30$99,228
Nov 200781793791.677.29$81,727
Oct 200784289982.856.92$75,983
Sep 200786082675.846.24$70,380
Aug 20071,1491,09869.066.39$86,364
Jul 200783285670.906.39$64,457
Jun 200785076462.007.55$58,467
May 200767794958.747.85$47,213
Apr 20078591,04759.617.81$59,377
Mar 20071,0171,27356.927.30$67,183
Feb 20078081,13755.108.22$53,862
Jan 20079631,48050.306.73$58,395
Dec 20069751,63956.656.92$66,573
Nov 20061,0391,74054.207.62$69,568
Oct 20069301,83854.906.01$62,110
Sep 20069721,79360.085.04$67,429
Aug 20069631,82368.717.34$79,548
Jul 20069511,76569.376.34$77,166
Jun 20068911,70966.286.38$69,966
May 20068821,94866.016.42$70,737
Apr 20069782,05064.397.36$78,062
Mar 20068741,74956.707.08$61,944
Feb 20067521,51757.597.75$55,066
Jan 20069251,76560.598.93$71,813
Dec 20058181,65154.9413.42$67,090
Nov 20058991,65154.6910.59$66,648
Oct 20059621,69758.3413.80$79,534
Sep 20057811,69761.4512.08$68,491
Aug 20051,2521,84961.519.80$95,125
Jul 20051,1551,79455.697.84$78,393
Jun 20051,0791,87252.337.38$70,281
May 20051,2102,02145.226.65$68,158
Apr 20051,2201,97649.207.36$74,568
Mar 20051,2332,07450.377.15$76,945
Feb 20051,2031,85045.226.31$66,077
Jan 20051,1611,85243.166.32$61,817
Dec 20041,1151,75339.866.75$56,279
Nov 20041,3271,78545.286.33$71,386
Oct 20041,1591,86649.706.52$69,759
Sep 20041,2631,96643.245.28$65,000
Aug 20041,3322,11942.375.55$68,199
Jul 20041,4182,24438.286.08$67,934
Jun 20041,2752,14736.106.43$59,839
May 20041,2762,11137.486.49$61,535
Apr 20041,2572,22734.475.86$56,376
Mar 20049141,64234.365.53$40,486
Feb 20041,0121,63732.455.51$41,859
Jan 20041,1321,75532.036.30$47,314
Dec 20031,2661,75430.266.30$49,362
Nov 20031,0001,74728.804.60$36,828
Oct 20031,0891,95528.174.76$39,982
Sep 20031,1601,93326.314.75$39,700
Aug 20031,1132,06129.765.13$43,695
Jul 20031,3022,22529.415.17$49,797
Jun 20031,1471,97628.565.98$44,581
May 20031,1582,01026.595.97$42,796
Apr 20031,1942,14926.675.41$43,464
Mar 20031,3662,20131.146.10$55,955
Feb 20031,0501,94533.487.93$50,570
Jan 20031,2492,03630.315.58$49,222
Dec 20021,2542,17126.914.85$44,283
Nov 20021,2862,17624.664.14$40,715
Oct 20021,3482,30726.464.23$45,425
Sep 20021,1412,20627.443.64$39,328
Aug 20021,2222,15425.963.16$38,539
Jul 20021,0792,19624.583.06$33,245
Jun 20021,1372,21923.733.34$34,389
May 20021,1732,23624.663.58$36,940
Apr 20021,2992,38523.653.51$39,098
Mar 20021,4552,49822.003.10$39,761
Feb 20021,1622,14918.222.38$26,277
Jan 20021,3102,23817.172.38$27,809
Dec 20011,3602,63216.932.36$29,248
Nov 20011,1882,20518.072.41$26,771
Oct 20011,0872,26719.782.53$27,234
Sep 20011,0452,26524.262.25$30,451
Aug 20011,4022,59924.873.05$42,803
Jul 20011,1942,18723.933.20$35,564
Jun 20011,1701,96524.563.82$36,250
May 20011,2291,98225.524.31$39,901
Apr 20011,3132,00424.685.34$43,097
Mar 20011,2902,56024.545.38$45,420
Feb 20011,0672,30227.755.77$42,885
Jan 20011,4032,64327.478.40$60,738
Dec 20001,4282,71726.889.12$63,170
Nov 20001,2012,53232.215.66$53,010
Oct 20001,3841,42331.235.15$50,544
Sep 20009572,32631.875.19$42,563
Aug 20001,4642,57729.644.54$55,094
Jul 20001,4452,72228.534.09$52,358
Jun 20001,1572,31229.304.40$44,067
May 20001,1162,51127.263.68$39,662
Apr 20001,0992,19024.513.12$33,761
Mar 20001,3352,72328.422.86$45,728
Feb 20001,1832,70427.622.73$40,047
Jan 20001,1702,37425.272.48$35,455
Dec 19991,5092,75124.282.42$43,306
Nov 19991,2012,73223.192.43$34,501
Oct 19991,4762,78620.982.80$38,778
Sep 19991,1402,49321.752.62$31,324
Aug 19991,1853,00019.262.88$31,450
Jul 19991,4393,08917.892.37$33,072
Jun 19991,2242,88215.942.36$26,318
May 19991,4443,06615.792.32$29,917
Apr 19991,1942,93915.102.21$24,519
Mar 19991,5313,20912.471.84$24,991
Feb 19991,3103,2089.981.82$18,905
Jan 19991,6363,64510.381.90$23,907
Dec 19981,4893,6389.201.77$20,150
Nov 19981,5843,66110.892.19$25,252
Oct 19981,5083,86812.421.97$26,346
Sep 19981,4503,85212.592.08$26,278
Aug 19981,5494,10811.301.91$25,339
Jul 19981,5224,27111.742.24$27,424
Jun 19981,6074,22111.242.24$27,506
May 19981,8044,68012.622.21$33,092
Apr 19981,4243,98413.042.51$28,550
Mar 19981,7764,35112.802.31$32,781
Feb 19981,6604,09913.952.30$32,581
Jan 19981,9194,51614.702.15$37,940
Dec 19971,8594,46716.322.41$41,109
Nov 19971,8493,87718.193.09$45,606
Oct 19971,7883,83219.253.15$46,489
Sep 19971,8214,38217.742.95$45,253
Aug 19971,7285,07517.862.55$43,827
Jul 19971,8905,22917.582.25$44,975
Jun 19971,9765,01717.242.26$45,391
May 19971,8535,22818.972.31$47,220
Apr 19972,1535,05517.882.08$49,024
Mar 19972,3345,42718.951.94$54,753
Feb 19972,1044,72220.492.21$53,527
Jan 19971,9395,10123.483.54$63,584
Dec 19962,0455,17523.32$47,689
Nov 19961,9265,12021.97$42,314
Oct 19961,9185,06523.31$44,709
Sep 19962,0254,96822.22$44,996
Aug 19961,9155,35420.26$38,798
Jul 19961,2815,34519.55$25,044
Jun 19961,9275,39118.73$36,093
May 19962,1115,73519.43$41,017
Apr 19962,2695,50621.51$48,806
Mar 19962,4356,07119.38$47,190
Feb 19961,5883,44116.98$26,964
Jan 19961,7103,28117.07$29,190
Dec 19951,5963,35117.19$27,435
Nov 19951,4853,10716.00$23,760
Oct 19951,6413,62015.43$25,321
Sep 19951,6753,67716.18$27,102
Aug 19951,6213,76915.92$25,806
Jul 19951,6793,96215.24$25,588
Jun 19951,8244,03416.41$29,932
May 19951,4203,86917.56$24,935
Apr 19951,3263,48517.73$23,510
Mar 19951,3083,04716.44$21,504
Feb 19951,3073,02116.58$21,670
Jan 19951,3753,25615.92$21,890
Dec 19941,5813,61615.03$23,762
Nov 19941,1032,45515.90$17,538
Oct 19941,3113,43515.58$20,425
Sep 19941,2433,20615.29$19,005
Aug 19941,2703,27816.13$20,485
Jul 19941,0253,69217.56$17,999
Jun 19941,3783,98317.09$23,550
May 19941,5503,91015.88$24,614
Apr 19941,4102,69314.14$19,937
Mar 19941,4734,09312.46$18,354
Feb 19941,7483,51412.50$21,850
Jan 19941,7734,31512.66$22,446
Dec 19932,0294,63612.33$25,018
Nov 19932,0824,42014.49$30,168
Oct 19932,0694,30115.85$32,794
Sep 19932,0274,58215.03$30,466
Aug 19931,9684,81815.66$30,819
Jul 19932,4305,14515.46$37,568
Jun 19931,7984,60416.79$30,188
May 19932,0524,97417.68$36,279
Apr 19931,8964,78218.05$34,223
Mar 19931,7814,87418.14$32,307
Feb 19931,4533,86417.90$26,009
Jan 19931,5455,06916.93$26,157

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
Oil                  695 bbl  × $106.41 =    $73,955
Casinghead gas       758 Mcf  × $  3.05 =     $2,309

────────────────────────────────────────────────────
Month total                                  $76,264

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/O/20348 is the state's own key, not one this site invented.