UNIVERSITY -AH-

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

Operated by RIM OPERATING, INC. (P-5 712245) in the UNIVERSITY WADDELL (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25388District 08Field 92618125Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$9.3 M

Jan 1993 – Oct 2021

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

346

no gaps in the span

Streams

oil, casinghead gas

The UNIVERSITY WADDELL (DEVONIAN) 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 17 leases and 259 wells, and the rule below applies to all of them.

Discovered

1949-05-03

as the register files it

Field class

Oil

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 2025-08-19.

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: “THIS IS A UFT FIELD”

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
Oil	Disposition	203,985 bbl	$8,492,866
Casinghead gas	Production	226,120 Mcf	$802,806
Total			$9,295,672

49,373 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 31.5200, -102.4737. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.51996, -102.47365 · 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

100.0%

1 of 1 wells

Median depth

10,900 ft

1 wells filed one

Completion to plug

42.0 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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 10,900 ft.

Completions filed

Apr 1979

1 of 1 wells

Plug dates filed

Apr 2021

1 of 1 wells

Last completion to plug: a median of 42.0 years across the 1 well that filed both dates, with the middle half between 42.0 years and 42.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-10304686	1	10,900 ft	Apr 1979	Apr 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 (346)

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

346 months


Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
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	47	0	63.48	3.02	$2,984
Apr 2021	181	0	60.36	2.76	$10,925
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	178	0	53.47	2.42	$9,518
Sep 2019	176	0	55.05	2.66	$9,689
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	31	62.63	2.75	$85
Mar 2019	169	56	56.80	3.06	$9,771
Feb 2019	165	75	50.85	2.79	$8,600
Jan 2019	168	89	46.03	3.23	$8,020
Dec 2018	168	81	46.59	4.19	$8,166
Nov 2018	167	105	52.93	4.24	$9,284
Oct 2018	0	32	61.44	3.40	$109
Sep 2018	0	54	59.54	3.11	$168
Aug 2018	186	103	59.40	3.07	$11,364
Jul 2018	168	159	65.14	2.93	$11,410
Jun 2018	182	148	60.18	3.08	$11,408
May 2018	147	149	65.38	2.90	$10,043
Apr 2018	0	164	63.84	2.90	$476
Mar 2018	179	113	61.22	2.79	$11,273
Feb 2018	167	122	61.78	2.77	$10,655
Jan 2018	173	109	62.87	4.01	$11,314
Dec 2017	0	131	57.27	2.92	$383
Nov 2017	173	119	55.42	3.12	$9,959
Oct 2017	357	143	49.29	2.98	$18,023
Sep 2017	0	128	47.52	3.09	$395
Aug 2017	351	155	45.37	3.00	$16,391
Jul 2017	180	142	43.87	3.09	$8,335
Jun 2017	168	139	42.49	3.09	$7,567
May 2017	0	86	45.37	3.26	$281
Apr 2017	0	99	47.93	3.21	$318
Mar 2017	174	96	46.77	2.98	$8,424
Feb 2017	0	85	50.45	2.95	$251
Jan 2017	0	60	49.41	3.42	$205
Dec 2016	0	49	48.76	3.72	$182
Nov 2016	0	33	42.49	2.64	$87
Oct 2016	175	156	46.19	3.09	$8,565
Sep 2016	535	548	41.55	3.10	$23,928
Aug 2016	535	634	41.44	2.92	$24,024
Jul 2016	514	598	41.62	2.92	$23,141
Jun 2016	355	483	45.35	2.69	$17,397
May 2016	526	443	42.52	1.99	$23,248
Apr 2016	535	579	36.56	1.99	$20,712
Mar 2016	529	659	33.01	1.79	$18,645
Feb 2016	702	624	26.47	2.06	$19,870
Jan 2016	357	572	27.35	2.36	$11,116
Dec 2015	523	505	32.36	2.00	$17,935
Nov 2015	539	558	38.79	2.17	$22,117
Oct 2015	513	555	43.55	2.43	$23,688
Sep 2015	360	624	42.99	2.76	$17,198
Aug 2015	721	632	40.16	2.87	$30,771
Jul 2015	352	615	48.15	2.95	$18,760
Jun 2015	472	648	56.15	2.88	$28,371
May 2015	709	665	55.21	2.96	$41,109
Apr 2015	362	728	49.82	2.71	$20,005
Mar 2015	528	1,815	42.89	2.93	$27,972
Feb 2015	359	466	44.66	2.98	$17,420
Jan 2015	557	506	43.43	3.10	$25,759
Dec 2014	373	587	54.69	3.59	$22,508
Nov 2014	527	448	70.46	4.25	$39,037
Oct 2014	535	642	78.30	3.90	$44,395
Sep 2014	359	576	86.16	4.05	$33,262
Aug 2014	707	474	89.39	4.04	$65,111
Jul 2014	349	484	96.56	4.18	$35,722
Jun 2014	526	695	98.16	4.74	$54,924
May 2014	553	540	94.73	4.73	$54,938
Apr 2014	711	521	95.94	4.81	$70,719
Mar 2014	358	551	95.89	5.06	$37,115
Feb 2014	551	486	97.40	6.19	$56,677
Jan 2014	537	639	90.40	4.86	$51,651
Dec 2013	532	268	91.82	4.35	$50,015
Nov 2013	360	239	88.85	3.74	$32,879
Oct 2013	532	728	97.42	3.78	$54,579
Sep 2013	523	706	104.11	3.72	$57,074
Aug 2013	533	715	104.25	3.52	$58,084
Jul 2013	703	683	102.52	3.72	$74,611
Jun 2013	532	555	94.40	3.93	$52,404
May 2013	514	548	94.83	4.15	$51,016
Apr 2013	533	416	93.96	4.28	$51,862
Mar 2013	538	572	93.62	3.91	$52,606
Feb 2013	536	546	91.23	3.42	$50,767
Jan 2013	723	562	91.60	3.42	$68,149
Dec 2012	544	660	86.77	3.42	$49,460
Nov 2012	717	713	86.95	3.62	$64,928
Oct 2012	688	636	89.38	3.40	$63,656
Sep 2012	538	711	94.67	2.92	$53,007
Aug 2012	540	838	92.66	2.91	$52,473
Jul 2012	679	848	85.13	3.02	$60,365
Jun 2012	737	688	79.82	2.52	$60,560
May 2012	530	784	91.61	2.49	$50,504
Apr 2012	708	816	101.65	2.00	$73,598
Mar 2012	744	799	105.05	2.22	$79,933
Feb 2012	691	632	101.10	2.57	$71,484
Jan 2012	0	15	98.09	2.73	$41
Dec 2011	187	68	96.87	3.24	$18,335
Nov 2011	189	86	95.72	3.31	$18,376
Oct 2011	735	101	84.98	3.65	$62,829
Sep 2011	348	107	83.62	3.99	$29,526
Aug 2011	358	144	83.40	4.15	$30,455
Jul 2011	504	170	94.14	4.52	$48,214
Jun 2011	349	407	92.90	4.64	$34,311
May 2011	546	257	98.13	4.40	$54,711
Apr 2011	717	488	105.96	4.33	$78,088
Mar 2011	521	410	96.36	4.06	$51,867
Feb 2011	363	321	85.64	4.18	$32,429
Jan 2011	706	472	86.50	4.59	$63,235
Dec 2010	524	510	85.73	4.35	$47,140
Nov 2010	486	563	80.84	3.80	$41,425
Oct 2010	691	623	78.10	3.51	$56,153
Sep 2010	1,047	733	72.63	3.98	$78,961
Aug 2010	0	469	73.68	4.42	$2,073
Jul 2010	527	22	72.55	4.74	$38,338
Jun 2010	691	379	70.36	4.91	$50,480
May 2010	361	334	71.12	4.24	$27,089
Apr 2010	738	383	81.69	4.12	$61,866
Mar 2010	900	604	78.39	4.39	$73,202
Feb 2010	364	606	73.58	5.44	$30,081
Jan 2010	720	700	74.36	5.96	$57,714
Dec 2009	522	598	71.44	5.48	$40,571
Nov 2009	714	650	74.59	3.75	$55,696
Oct 2009	506	693	72.54	4.11	$39,554
Sep 2009	713	664	65.54	3.06	$48,765
Aug 2009	703	763	67.42	3.22	$49,852
Jul 2009	511	765	61.13	3.46	$33,888
Jun 2009	704	939	66.16	3.90	$50,234
May 2009	1,040	1,201	54.74	3.93	$61,644
Apr 2009	533	534	46.77	3.59	$26,844
Mar 2009	356	687	42.14	4.06	$17,790
Feb 2009	495	619	32.81	4.63	$19,109
Jan 2009	713	632	35.86	5.37	$28,963
Dec 2008	525	656	37.10	5.98	$23,399
Nov 2008	548	476	55.49	6.86	$33,674
Oct 2008	529	654	75.24	6.92	$44,329
Sep 2008	534	745	101.76	7.88	$60,208
Aug 2008	895	930	114.22	8.48	$110,116
Jul 2008	343	739	131.08	11.39	$53,377
Jun 2008	523	743	131.33	13.03	$78,369
May 2008	768	829	123.17	11.57	$104,190
Apr 2008	294	699	110.31	10.45	$39,739
Mar 2008	745	874	101.90	9.66	$84,362
Feb 2008	691	774	92.53	8.77	$70,727
Jan 2008	770	864	90.38	8.21	$76,682
Dec 2007	691	894	88.33	7.30	$67,564
Nov 2007	420	795	91.67	7.29	$44,298
Oct 2007	453	917	82.85	6.92	$43,879
Sep 2007	864	937	75.84	6.24	$71,377
Aug 2007	602	1,040	69.06	6.39	$48,218
Jul 2007	747	1,075	70.90	6.39	$59,829
Jun 2007	1,119	1,046	62.00	7.55	$77,274
May 2007	786	988	58.74	7.85	$53,922
Apr 2007	705	735	59.61	7.81	$47,762
Mar 2007	1,034	720	56.92	7.30	$64,113
Feb 2007	0	543	55.10	8.22	$4,461
Jan 2007	0	558	50.30	6.73	$3,754
Dec 2006	271	200	56.65	6.92	$16,736
Nov 2006	436	618	54.20	7.62	$28,339
Oct 2006	389	653	54.90	6.01	$25,283
Sep 2006	718	680	60.08	5.04	$46,563
Aug 2006	729	691	68.71	7.34	$55,161
Jul 2006	431	708	69.37	6.34	$34,389
Jun 2006	388	634	66.28	6.38	$29,764
May 2006	768	837	66.01	6.42	$56,073
Apr 2006	410	823	64.39	7.36	$32,458
Mar 2006	837	825	56.70	7.08	$53,301
Feb 2006	419	611	57.59	7.75	$28,866
Jan 2006	860	810	60.59	8.93	$59,343
Dec 2005	738	736	54.94	13.42	$50,419
Nov 2005	773	809	54.69	10.59	$50,841
Oct 2005	385	765	58.34	13.80	$33,015
Sep 2005	398	601	61.45	12.08	$31,717
Aug 2005	881	786	61.51	9.80	$61,891
Jul 2005	420	779	55.69	7.84	$29,500
Jun 2005	850	764	52.33	7.38	$50,120
May 2005	426	812	45.22	6.65	$24,664
Apr 2005	390	778	49.20	7.36	$24,914
Mar 2005	770	744	50.37	7.15	$44,108
Feb 2005	794	676	45.22	6.31	$40,172
Jan 2005	432	756	43.16	6.32	$23,425
Dec 2004	848	758	39.86	6.75	$38,919
Nov 2004	409	775	45.28	6.33	$23,426
Oct 2004	813	829	49.70	6.52	$45,807
Sep 2004	407	825	43.24	5.28	$21,958
Aug 2004	842	863	42.37	5.55	$40,466
Jul 2004	442	871	38.28	6.08	$22,219
Jun 2004	868	834	36.10	6.43	$36,700
May 2004	424	799	37.48	6.49	$21,081
Apr 2004	845	761	34.47	5.86	$33,585
Mar 2004	702	815	34.36	5.53	$28,628
Feb 2004	757	579	32.45	5.51	$27,755
Jan 2004	669	727	32.03	6.30	$26,008
Dec 2003	392	737	30.26	6.30	$16,506
Nov 2003	797	684	28.80	4.60	$26,097
Oct 2003	845	723	28.17	4.76	$27,245
Sep 2003	379	749	26.31	4.75	$13,529
Aug 2003	813	734	29.76	5.13	$27,960
Jul 2003	849	779	29.41	5.17	$28,997
Jun 2003	352	809	28.56	5.98	$14,893
May 2003	850	786	26.59	5.97	$27,296
Apr 2003	435	822	26.67	5.41	$16,046
Mar 2003	833	782	31.14	6.10	$30,707
Feb 2003	864	710	33.48	7.93	$34,554
Jan 2003	873	799	30.31	5.58	$30,921
Dec 2002	438	791	26.91	4.85	$15,626
Nov 2002	799	814	24.66	4.14	$23,071
Oct 2002	451	720	26.46	4.23	$14,978
Sep 2002	839	814	27.44	3.64	$25,981
Aug 2002	738	845	25.96	3.16	$21,832
Jul 2002	458	915	24.58	3.06	$14,059
Jun 2002	846	892	23.73	3.34	$23,053
May 2002	876	901	24.66	3.58	$24,831
Apr 2002	640	862	23.65	3.51	$18,164
Mar 2002	407	767	22.00	3.10	$11,334
Feb 2002	873	737	18.22	2.38	$17,657
Jan 2002	455	847	17.17	2.38	$9,825
Dec 2001	800	847	16.93	2.36	$15,547
Nov 2001	460	865	18.07	2.41	$10,393
Oct 2001	892	960	19.78	2.53	$20,071
Sep 2001	782	911	24.26	2.25	$21,022
Aug 2001	914	989	24.87	3.05	$25,751
Jul 2001	851	925	23.93	3.20	$23,322
Jun 2001	444	743	24.56	3.82	$13,746
May 2001	848	955	25.52	4.31	$25,754
Apr 2001	433	861	24.68	5.34	$15,280
Mar 2001	868	875	24.54	5.38	$26,005
Feb 2001	912	711	27.75	5.77	$29,408
Jan 2001	845	773	27.47	8.40	$29,704
Dec 2000	853	666	26.88	9.12	$29,004
Nov 2000	816	564	32.21	5.66	$29,474
Oct 2000	433	612	31.23	5.15	$16,672
Sep 2000	833	894	31.87	5.19	$31,184
Aug 2000	851	957	29.64	4.54	$29,569
Jul 2000	914	981	28.53	4.09	$30,088
Jun 2000	864	941	29.30	4.40	$29,453
May 2000	741	1,091	27.26	3.68	$24,214
Apr 2000	881	923	24.51	3.12	$24,469
Mar 2000	1,051	413	28.42	2.86	$31,051
Feb 2000	462	443	27.62	2.73	$13,968
Jan 2000	947	865	25.27	2.48	$26,076
Dec 1999	930	758	24.28	2.42	$24,418
Nov 1999	470	906	23.19	2.43	$13,104
Oct 1999	889	1,009	20.98	2.80	$21,480
Sep 1999	908	1,013	21.75	2.62	$22,402
Aug 1999	917	969	19.26	2.88	$20,448
Jul 1999	885	1,046	17.89	2.37	$18,314
Jun 1999	773	1,030	15.94	2.36	$14,755
May 1999	455	767	15.79	2.32	$8,965
Apr 1999	908	984	15.10	2.21	$15,884
Mar 1999	1,338	980	12.47	1.84	$18,486
Feb 1999	462	758	9.98	1.82	$5,989
Jan 1999	922	1,035	10.38	1.90	$11,537
Dec 1998	475	829	9.20	1.77	$5,840
Nov 1998	876	956	10.89	2.19	$11,629
Oct 1998	450	1,054	12.42	1.97	$7,665
Sep 1998	865	992	12.59	2.08	$12,956
Aug 1998	860	1,069	11.30	1.91	$11,757
Jul 1998	893	1,132	11.74	2.24	$13,016
Jun 1998	831	1,045	11.24	2.24	$11,678
May 1998	811	874	12.62	2.21	$12,163
Apr 1998	902	879	13.04	2.51	$13,964
Mar 1998	444	952	12.80	2.31	$7,882
Feb 1998	872	896	13.95	2.30	$14,224
Jan 1998	1,308	820	14.70	2.15	$20,995
Dec 1997	884	1,003	16.32	2.41	$16,845
Nov 1997	1,223	1,140	18.19	3.09	$25,767
Oct 1997	1,277	1,542	19.25	3.15	$29,439
Sep 1997	914	1,686	17.74	2.95	$21,196
Aug 1997	864	1,149	17.86	2.55	$18,366
Jul 1997	814	1,156	17.58	2.25	$16,908
Jun 1997	459	1,069	17.24	2.26	$10,326
May 1997	897	1,058	18.97	2.31	$19,458
Apr 1997	461	1,011	17.88	2.08	$10,348
Mar 1997	934	1,049	18.95	1.94	$19,733
Feb 1997	936	934	20.49	2.21	$21,239
Jan 1997	450	959	23.48	3.54	$13,961
Dec 1996	1,225	1,165	23.32	—	$28,567
Nov 1996	446	1,212	21.97	—	$9,799
Oct 1996	890	361	23.31	—	$20,746
Sep 1996	846	959	22.22	—	$18,798
Aug 1996	835	1,239	20.26	—	$16,917
Jul 1996	745	1,192	19.55	—	$14,565
Jun 1996	444	878	18.73	—	$8,316
May 1996	913	1,082	19.43	—	$17,740
Apr 1996	931	946	21.51	—	$20,026
Mar 1996	887	889	19.38	—	$17,190
Feb 1996	910	985	16.98	—	$15,452
Jan 1996	1,386	840	17.07	—	$23,659
Dec 1995	912	979	17.19	—	$15,677
Nov 1995	879	1,004	16.00	—	$14,064
Oct 1995	911	1,134	15.43	—	$14,057
Sep 1995	898	1,202	16.18	—	$14,530
Aug 1995	1,327	391	15.92	—	$21,126
Jul 1995	903	17	15.24	—	$13,762
Jun 1995	893	785	16.41	—	$14,654
May 1995	913	1,168	17.56	—	$16,032
Apr 1995	1,375	1,064	17.73	—	$24,379
Mar 1995	878	1,013	16.44	—	$14,434
Feb 1995	934	902	16.58	—	$15,486
Jan 1995	1,302	1,007	15.92	—	$20,728
Dec 1994	870	967	15.03	—	$13,076
Nov 1994	886	768	15.90	—	$14,087
Oct 1994	1,350	1,036	15.58	—	$21,033
Sep 1994	887	1,206	15.29	—	$13,562
Aug 1994	1,324	1,415	16.13	—	$21,356
Jul 1994	884	510	17.56	—	$15,523
Jun 1994	461	899	17.09	—	$7,878
May 1994	453	618	15.88	—	$7,194
Apr 1994	1,324	1,015	14.14	—	$18,721
Mar 1994	920	1,132	12.46	—	$11,463
Feb 1994	931	914	12.50	—	$11,638
Jan 1994	1,374	1,140	12.66	—	$17,395
Dec 1993	922	1,344	12.33	—	$11,368
Nov 1993	1,424	1,328	14.49	—	$20,634
Oct 1993	932	1,388	15.85	—	$14,772
Sep 1993	1,361	1,264	15.03	—	$20,456
Aug 1993	923	1,275	15.66	—	$14,454
Jul 1993	1,320	1,380	15.46	—	$20,407
Jun 1993	923	1,238	16.79	—	$15,497
May 1993	1,288	1,533	17.68	—	$22,772
Apr 1993	1,382	1,204	18.05	—	$24,945
Mar 1993	1,392	1,062	18.14	—	$25,251
Feb 1993	944	1,126	17.90	—	$16,898
Jan 1993	1,423	1,197	16.93	—	$24,091

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

Oil                   47 bbl  × $ 63.48 =     $2,984
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                   $2,984

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/25388 is the state's own key, not one this site invented.