REYNOLDS 3A

Name: REYNOLDS 3A lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SLANT OPERATING, LLC (P-5 786697) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26868District 08Field 20097700NGPA filingOilCasinghead gasSave Export

Value, all time

$5.0 M

Jan 1993 – May 2021

Value, last 12 filed months

$4 k

at the published price for each month

Months reported

341

no gaps in the span

Streams

oil, casinghead gas

The CONGER (PENN) 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 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered

1978-01-01

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: “OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810”

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	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
Oil	Disposition	13,933 bbl	$377,032
Casinghead gas	Production	1,262,928 Mcf	$4,635,396
Total			$5,012,428

29,665 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 (8)

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 31.8683, -101.1819. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.3 miles.

31.86881, -101.18098 · 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%

8 of 8 wells

With a plug date

0.0%

0 of 8 wells

Median depth

8,118 ft

8 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

8100.0%

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

Total depth in feet, 8 of 8 wells. Median 8,118 ft, with the middle half between 8,100 and 8,145 ft; the shallowest is 7,650 ft and the deepest 8,150 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

Last completion by decade, 8 of 8 wells, Sep 1981 – Feb 1998. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Sep 1981 – Feb 1998

8 of 8 wells

8 wells


42-43132908	10	8,145 ft	Feb 1998	—	Yes
42-43132893	9	8,100 ft	Jan 1998	—	Yes
42-43132895	7	8,135 ft	Dec 1997	—	Yes
42-43132894	8	8,145 ft	Dec 1997	—	Yes
42-43132880	5	8,100 ft	Sep 1997	—	Yes
42-43132881	6	8,100 ft	Sep 1997	—	Yes
42-43132871	4	8,150 ft	Jul 1997	—	Yes
42-43130905	1	7,650 ft	Sep 1981	—	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 (341)

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

341 months


May 2021	0	0	63.48	3.02	$0
Apr 2021	0	71	60.36	2.76	$196
Mar 2021	0	109	61.30	2.72	$296
Feb 2021	0	146	57.80	5.55	$810
Jan 2021	1	197	50.41	2.81	$604
Dec 2020	0	266	44.64	2.68	$712
Nov 2020	0	63	38.77	2.71	$171
Oct 2020	0	131	36.97	2.48	$325
Sep 2020	0	89	37.09	1.99	$177
Aug 2020	0	104	39.98	2.39	$248
Jul 2020	0	97	38.37	1.83	$177
Jun 2020	0	58	34.90	1.69	$98
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	87	30.34	1.86	$161
Feb 2020	0	107	49.88	1.98	$212
Jan 2020	0	309	57.25	2.09	$647
Dec 2019	0	62	59.01	2.30	$143
Nov 2019	0	73	55.30	2.75	$201
Oct 2019	7	104	53.47	2.42	$626
Sep 2019	0	162	55.05	2.66	$430
Aug 2019	0	258	53.11	2.30	$595
Jul 2019	0	112	56.27	2.46	$276
Jun 2019	0	139	52.78	2.49	$346
May 2019	0	223	58.48	2.74	$611
Apr 2019	0	87	62.63	2.75	$239
Mar 2019	0	365	56.80	3.06	$1,118
Feb 2019	0	193	50.85	2.79	$539
Jan 2019	0	169	46.03	3.23	$546
Dec 2018	0	133	46.59	4.19	$557
Nov 2018	0	94	52.93	4.24	$398
Oct 2018	0	126	61.44	3.40	$428
Sep 2018	0	114	59.54	3.11	$354
Aug 2018	0	162	59.40	3.07	$497
Jul 2018	114	71	65.14	2.93	$7,634
Jun 2018	0	82	60.18	3.08	$252
May 2018	0	120	65.38	2.90	$348
Apr 2018	0	50	63.84	2.90	$145
Mar 2018	0	120	61.22	2.79	$334
Feb 2018	0	86	61.78	2.77	$238
Jan 2018	0	67	62.87	4.01	$269
Dec 2017	10	123	57.27	2.92	$932
Nov 2017	0	112	55.42	3.12	$349
Oct 2017	0	129	49.29	2.98	$385
Sep 2017	0	122	47.52	3.09	$377
Aug 2017	0	139	45.37	3.00	$418
Jul 2017	0	139	43.87	3.09	$429
Jun 2017	0	153	42.49	3.09	$472
May 2017	0	124	45.37	3.26	$405
Apr 2017	0	114	47.93	3.21	$366
Mar 2017	0	132	46.77	2.98	$394
Feb 2017	0	131	50.45	2.95	$387
Jan 2017	0	268	49.41	3.42	$916
Dec 2016	0	176	48.76	3.72	$655
Nov 2016	0	162	42.49	2.64	$428
Oct 2016	0	88	46.19	3.09	$272
Sep 2016	0	89	41.55	3.10	$276
Aug 2016	0	141	41.44	2.92	$412
Jul 2016	0	118	41.62	2.92	$345
Jun 2016	4	69	45.35	2.69	$367
May 2016	0	83	42.52	1.99	$165
Apr 2016	0	104	36.56	1.99	$207
Mar 2016	0	95	33.01	1.79	$170
Feb 2016	0	102	26.47	2.06	$210
Jan 2016	0	62	27.35	2.36	$147
Dec 2015	0	90	32.36	2.00	$180
Nov 2015	0	125	38.79	2.17	$271
Oct 2015	0	127	43.55	2.43	$308
Sep 2015	0	118	42.99	2.76	$325
Aug 2015	0	152	40.16	2.87	$437
Jul 2015	0	160	48.15	2.95	$471
Jun 2015	0	109	56.15	2.88	$314
May 2015	0	124	55.21	2.96	$366
Apr 2015	0	110	49.82	2.71	$298
Mar 2015	0	180	42.89	2.93	$528
Feb 2015	0	550	44.66	2.98	$1,637
Jan 2015	0	176	43.43	3.10	$546
Dec 2014	0	110	54.69	3.59	$395
Nov 2014	0	109	70.46	4.25	$463
Oct 2014	0	97	78.30	3.90	$378
Sep 2014	0	144	86.16	4.05	$583
Aug 2014	199	132	89.39	4.04	$18,321
Jul 2014	150	132	96.56	4.18	$15,036
Jun 2014	0	135	98.16	4.74	$639
May 2014	0	123	94.73	4.73	$581
Apr 2014	0	184	95.94	4.81	$885
Mar 2014	0	191	95.89	5.06	$966
Feb 2014	0	81	97.40	6.19	$502
Jan 2014	0	77	90.40	4.86	$374
Dec 2013	0	102	91.82	4.35	$444
Nov 2013	0	87	88.85	3.74	$325
Oct 2013	0	101	97.42	3.78	$382
Sep 2013	0	140	104.11	3.72	$520
Aug 2013	0	116	104.25	3.52	$409
Jul 2013	0	99	102.52	3.72	$368
Jun 2013	0	95	94.40	3.93	$374
May 2013	0	105	94.83	4.15	$436
Apr 2013	0	112	93.96	4.28	$480
Mar 2013	0	124	93.62	3.91	$485
Feb 2013	0	110	91.23	3.42	$376
Jan 2013	0	149	91.60	3.42	$510
Dec 2012	0	118	86.77	3.42	$404
Nov 2012	0	106	86.95	3.62	$384
Oct 2012	0	114	89.38	3.40	$388
Sep 2012	0	83	94.67	2.92	$242
Aug 2012	0	102	92.66	2.91	$297
Jul 2012	0	148	85.13	3.02	$447
Jun 2012	0	101	79.82	2.52	$254
May 2012	0	111	91.61	2.49	$276
Apr 2012	0	129	101.65	2.00	$258
Mar 2012	0	121	105.05	2.22	$269
Feb 2012	0	141	101.10	2.57	$362
Jan 2012	0	116	98.09	2.73	$317
Dec 2011	0	78	96.87	3.24	$253
Nov 2011	0	117	95.72	3.31	$387
Oct 2011	0	156	84.98	3.65	$569
Sep 2011	0	92	83.62	3.99	$367
Aug 2011	0	142	83.40	4.15	$589
Jul 2011	0	75	94.14	4.52	$339
Jun 2011	0	125	92.90	4.64	$580
May 2011	0	122	98.13	4.40	$537
Apr 2011	0	96	105.96	4.33	$416
Mar 2011	0	121	96.36	4.06	$491
Feb 2011	0	115	85.64	4.18	$481
Jan 2011	0	125	86.50	4.59	$574
Dec 2010	25	141	85.73	4.35	$2,756
Nov 2010	0	108	80.84	3.80	$410
Oct 2010	0	99	78.10	3.51	$347
Sep 2010	0	116	72.63	3.98	$462
Aug 2010	0	99	73.68	4.42	$438
Jul 2010	0	178	72.55	4.74	$843
Jun 2010	149	80	70.36	4.91	$10,876
May 2010	0	107	71.12	4.24	$453
Apr 2010	0	99	81.69	4.12	$408
Mar 2010	101	112	78.39	4.39	$8,409
Feb 2010	0	120	73.58	5.44	$653
Jan 2010	0	101	74.36	5.96	$602
Dec 2009	0	144	71.44	5.48	$790
Nov 2009	0	89	74.59	3.75	$334
Oct 2009	0	121	72.54	4.11	$497
Sep 2009	0	111	65.54	3.06	$340
Aug 2009	0	113	67.42	3.22	$364
Jul 2009	0	338	61.13	3.46	$1,171
Jun 2009	0	218	66.16	3.90	$849
May 2009	0	257	54.74	3.93	$1,009
Apr 2009	0	2,448	46.77	3.59	$8,782
Mar 2009	149	2,889	42.14	4.06	$18,005
Feb 2009	0	2,467	32.81	4.63	$11,430
Jan 2009	0	2,728	35.86	5.37	$14,652
Dec 2008	0	2,795	37.10	5.98	$16,706
Nov 2008	0	2,993	55.49	6.86	$20,533
Oct 2008	0	3,500	75.24	6.92	$24,227
Sep 2008	0	3,128	101.76	7.88	$24,640
Aug 2008	0	3,099	114.22	8.48	$26,289
Jul 2008	0	3,335	131.08	11.39	$37,984
Jun 2008	0	2,925	131.33	13.03	$38,120
May 2008	0	3,184	123.17	11.57	$36,853
Apr 2008	0	3,166	110.31	10.45	$33,100
Mar 2008	0	3,021	101.90	9.66	$29,195
Feb 2008	171	2,826	92.53	8.77	$40,608
Jan 2008	0	3,263	90.38	8.21	$26,775
Dec 2007	0	3,399	88.33	7.30	$24,819
Nov 2007	0	3,599	91.67	7.29	$26,243
Oct 2007	0	3,580	82.85	6.92	$24,781
Sep 2007	0	3,801	75.84	6.24	$23,734
Aug 2007	164	4,074	69.06	6.39	$37,350
Jul 2007	0	2,688	70.90	6.39	$17,171
Jun 2007	0	3,836	62.00	7.55	$28,956
May 2007	0	4,468	58.74	7.85	$35,057
Apr 2007	0	3,756	59.61	7.81	$29,316
Mar 2007	0	4,839	56.92	7.30	$35,334
Feb 2007	0	3,155	55.10	8.22	$25,921
Jan 2007	0	3,587	50.30	6.73	$24,129
Dec 2006	122	3,398	56.65	6.92	$30,420
Nov 2006	0	3,292	54.20	7.62	$25,077
Oct 2006	0	3,662	54.90	6.01	$22,023
Sep 2006	0	3,472	60.08	5.04	$17,489
Aug 2006	0	3,674	68.71	7.34	$26,967
Jul 2006	0	4,103	69.37	6.34	$26,024
Jun 2006	301	3,783	66.28	6.38	$44,101
May 2006	0	3,495	66.01	6.42	$22,455
Apr 2006	0	2,614	64.39	7.36	$19,240
Mar 2006	0	3,844	56.70	7.08	$27,227
Feb 2006	0	2,834	57.59	7.75	$21,967
Jan 2006	0	3,035	60.59	8.93	$27,113
Dec 2005	220	2,945	54.94	13.42	$51,595
Nov 2005	0	3,328	54.69	10.59	$35,238
Oct 2005	0	3,657	58.34	13.80	$50,451
Sep 2005	262	3,451	61.45	12.08	$57,785
Aug 2005	0	3,457	61.51	9.80	$33,868
Jul 2005	0	3,061	55.69	7.84	$24,009
Jun 2005	52	3,012	52.33	7.38	$24,953
May 2005	149	3,311	45.22	6.65	$28,760
Apr 2005	0	3,267	49.20	7.36	$24,047
Mar 2005	0	3,773	50.37	7.15	$26,995
Feb 2005	0	3,312	45.22	6.31	$20,905
Jan 2005	0	3,793	43.16	6.32	$23,980
Dec 2004	0	3,711	39.86	6.75	$25,053
Nov 2004	0	3,364	45.28	6.33	$21,296
Oct 2004	0	3,165	49.70	6.52	$20,620
Sep 2004	21	3,549	43.24	5.28	$19,661
Aug 2004	0	3,845	42.37	5.55	$21,342
Jul 2004	0	3,913	38.28	6.08	$23,807
Jun 2004	172	3,798	36.10	6.43	$30,642
May 2004	0	3,805	37.48	6.49	$24,712
Apr 2004	0	4,091	34.47	5.86	$23,967
Mar 2004	128	4,005	34.36	5.53	$26,546
Feb 2004	0	3,632	32.45	5.51	$20,011
Jan 2004	0	3,677	32.03	6.30	$23,164
Dec 2003	108	4,643	30.26	6.30	$32,527
Nov 2003	0	4,910	28.80	4.60	$22,562
Oct 2003	0	4,608	28.17	4.76	$21,932
Sep 2003	108	4,935	26.31	4.75	$26,280
Aug 2003	0	4,864	29.76	5.13	$24,951
Jul 2003	0	4,224	29.41	5.17	$21,842
Jun 2003	0	3,923	28.56	5.98	$23,471
May 2003	0	5,316	26.59	5.97	$31,751
Apr 2003	0	5,043	26.67	5.41	$27,269
Mar 2003	181	5,194	31.14	6.10	$37,299
Feb 2003	0	4,473	33.48	7.93	$35,452
Jan 2003	0	5,595	30.31	5.58	$31,232
Dec 2002	107	5,777	26.91	4.85	$30,920
Nov 2002	0	5,121	24.66	4.14	$21,185
Oct 2002	0	5,379	26.46	4.23	$22,748
Sep 2002	236	5,790	27.44	3.64	$27,524
Aug 2002	0	5,217	25.96	3.16	$16,507
Jul 2002	0	5,286	24.58	3.06	$16,184
Jun 2002	153	5,876	23.73	3.34	$23,246
May 2002	0	5,809	24.66	3.58	$20,819
Apr 2002	0	5,174	23.65	3.51	$18,173
Mar 2002	82	5,917	22.00	3.10	$20,163
Feb 2002	0	5,148	18.22	2.38	$12,230
Jan 2002	0	6,157	17.17	2.38	$14,627
Dec 2001	273	6,711	16.93	2.36	$20,489
Nov 2001	0	6,845	18.07	2.41	$16,466
Oct 2001	0	6,749	19.78	2.53	$17,067
Sep 2001	286	6,684	24.26	2.25	$21,986
Aug 2001	0	7,242	24.87	3.05	$22,111
Jul 2001	0	7,333	23.93	3.20	$23,444
Jun 2001	0	6,881	24.56	3.82	$26,314
May 2001	0	7,153	25.52	4.31	$30,810
Apr 2001	182	6,509	24.68	5.34	$39,219
Mar 2001	219	7,620	24.54	5.38	$46,343
Feb 2001	0	7,154	27.75	5.77	$41,258
Jan 2001	0	7,595	27.47	8.40	$63,789
Dec 2000	165	6,996	26.88	9.12	$68,256
Nov 2000	0	7,778	32.21	5.66	$44,008
Oct 2000	0	8,859	31.23	5.15	$45,584
Sep 2000	173	7,720	31.87	5.19	$45,553
Aug 2000	0	8,207	29.64	4.54	$37,266
Jul 2000	0	8,282	28.53	4.09	$33,871
Jun 2000	394	8,017	29.30	4.40	$46,797
May 2000	0	8,560	27.26	3.68	$31,499
Apr 2000	0	9,736	24.51	3.12	$30,337
Mar 2000	346	11,461	28.42	2.86	$42,609
Feb 2000	0	10,458	27.62	2.73	$28,514
Jan 2000	0	11,191	25.27	2.48	$27,759
Dec 1999	318	11,635	24.28	2.42	$35,921
Nov 1999	0	11,053	23.19	2.43	$26,903
Oct 1999	0	12,304	20.98	2.80	$34,497
Sep 1999	356	12,254	21.75	2.62	$39,834
Aug 1999	0	13,325	19.26	2.88	$38,317
Jul 1999	58	13,933	17.89	2.37	$34,092
Jun 1999	318	15,224	15.94	2.36	$41,030
May 1999	0	15,183	15.79	2.32	$35,240
Apr 1999	353	16,220	15.10	2.21	$41,145
Mar 1999	172	18,099	12.47	1.84	$35,417
Feb 1999	181	17,955	9.98	1.82	$34,445
Jan 1999	0	20,264	10.38	1.90	$38,501
Dec 1998	179	21,701	9.20	1.77	$40,130
Nov 1998	539	23,811	10.89	2.19	$57,914
Oct 1998	0	24,528	12.42	1.97	$48,301
Sep 1998	0	20,995	12.59	2.08	$43,725
Aug 1998	533	332	11.30	1.91	$6,656
Jul 1998	177	32,444	11.74	2.24	$74,664
Jun 1998	178	25,658	11.24	2.24	$59,405
May 1998	355	39,807	12.62	2.21	$92,308
Apr 1998	361	37,592	13.04	2.51	$98,888
Mar 1998	538	44,670	12.80	2.31	$110,049
Feb 1998	537	34,382	13.95	2.30	$86,540
Jan 1998	350	45,593	14.70	2.15	$103,388
Dec 1997	358	47,394	16.32	2.41	$120,114
Nov 1997	354	23,655	18.19	3.09	$79,492
Oct 1997	712	30,705	19.25	3.15	$110,421
Sep 1997	207	22,112	17.74	2.95	$69,010
Aug 1997	179	16,593	17.86	2.55	$45,588
Jul 1997	153	8,371	17.58	2.25	$21,499
Jun 1997	0	346	17.24	2.26	$781
May 1997	0	408	18.97	2.31	$942
Apr 1997	0	358	17.88	2.08	$746
Mar 1997	0	442	18.95	1.94	$857
Feb 1997	0	354	20.49	2.21	$781
Jan 1997	178	404	23.48	3.54	$5,609
Dec 1996	0	409	23.32	—	$0
Nov 1996	0	433	21.97	—	$0
Oct 1996	0	455	23.31	—	$0
Sep 1996	0	516	22.22	—	$0
Aug 1996	3	488	20.26	—	$61
Jul 1996	4	493	19.55	—	$78
Jun 1996	0	576	18.73	—	$0
May 1996	0	485	19.43	—	$0
Apr 1996	0	582	21.51	—	$0
Mar 1996	175	539	19.38	—	$3,392
Feb 1996	0	606	16.98	—	$0
Jan 1996	0	615	17.07	—	$0
Dec 1995	6	533	17.19	—	$103
Nov 1995	0	598	16.00	—	$0
Oct 1995	0	524	15.43	—	$0
Sep 1995	0	605	16.18	—	$0
Aug 1995	0	556	15.92	—	$0
Jul 1995	176	592	15.24	—	$2,682
Jun 1995	0	591	16.41	—	$0
May 1995	0	626	17.56	—	$0
Apr 1995	0	607	17.73	—	$0
Mar 1995	0	694	16.44	—	$0
Feb 1995	0	634	16.58	—	$0
Jan 1995	0	673	15.92	—	$0
Dec 1994	177	685	15.03	—	$2,660
Nov 1994	0	513	15.90	—	$0
Oct 1994	0	573	15.58	—	$0
Sep 1994	0	603	15.29	—	$0
Aug 1994	0	542	16.13	—	$0
Jul 1994	0	710	17.56	—	$0
Jun 1994	0	717	17.09	—	$0
May 1994	0	694	15.88	—	$0
Apr 1994	0	684	14.14	—	$0
Mar 1994	0	583	12.46	—	$0
Feb 1994	0	581	12.50	—	$0
Jan 1994	0	651	12.66	—	$0
Dec 1993	0	681	12.33	—	$0
Nov 1993	0	683	14.49	—	$0
Oct 1993	0	745	15.85	—	$0
Sep 1993	0	711	15.03	—	$0
Aug 1993	0	781	15.66	—	$0
Jul 1993	64	800	15.46	—	$989
Jun 1993	0	827	16.79	—	$0
May 1993	0	695	17.68	—	$0
Apr 1993	0	735	18.05	—	$0
Mar 1993	0	779	18.14	—	$0
Feb 1993	0	642	17.90	—	$0
Jan 1993	0	620	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.

Apr 2021 — as filed, then multipliedworked

Oil                    0 bbl  × $ 60.36 =         $0
Casinghead gas        71 Mcf  × $  2.76 =       $196

────────────────────────────────────────────────────
Month total                                     $196

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/26868 is the state's own key, not one this site invented.