TXL "25"

Name: TXL "25" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33685District 08Field 85280300NGPA filingOilCasinghead gasSave Export

Value, all time

$4.0 M

Jan 1993 – Mar 2022

Value, last 12 filed months

at the published price for each month

Months reported

351

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered

1952-12-22

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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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	88,191 bbl	$3,626,440
Casinghead gas	Production	150,017 Mcf	$368,298
Total			$3,994,737

57,523 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 31.7428, -101.7630. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.74276, -101.76303 · 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

9,250 ft

1 wells filed one

Completion to plug

29.0 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 9,250 ft.

Completions filed

Dec 1992

1 of 1 wells

Plug dates filed

Dec 2021

1 of 1 wells

Last completion to plug: a median of 29.0 years across the 1 well that filed both dates, with the middle half between 29.0 years and 29.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17332267	1	9,250 ft	Dec 1992	Dec 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 (351)

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

351 months


Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
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	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
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	136	0	30.34	1.86	$4,126
Feb 2020	3	0	49.88	1.98	$150
Jan 2020	7	0	57.25	2.09	$401
Dec 2019	11	0	59.01	2.30	$649
Nov 2019	5	0	55.30	2.75	$277
Oct 2019	3	0	53.47	2.42	$160
Sep 2019	0	0	55.05	2.66	$0
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	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	193	0	46.59	4.19	$8,992
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	180	0	65.14	2.93	$11,725
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	3	0	61.78	2.77	$185
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	157	0	57.27	2.92	$8,991
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	166	0	42.49	3.09	$7,053
May 2017	0	0	45.37	3.26	$0
Apr 2017	144	0	47.93	3.21	$6,902
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	172	0	50.45	2.95	$8,677
Jan 2017	351	29	49.41	3.42	$17,442
Dec 2016	326	516	48.76	3.72	$17,817
Nov 2016	494	568	42.49	2.64	$22,492
Oct 2016	170	635	46.19	3.09	$9,815
Sep 2016	415	639	41.55	3.10	$19,225
Aug 2016	474	790	41.44	2.92	$21,953
Jul 2016	168	716	41.62	2.92	$9,086
Jun 2016	344	608	45.35	2.69	$17,233
May 2016	315	637	42.52	1.99	$14,662
Apr 2016	171	658	36.56	1.99	$7,562
Mar 2016	320	645	33.01	1.79	$11,720
Feb 2016	307	625	26.47	2.06	$9,416
Jan 2016	342	582	27.35	2.36	$10,730
Dec 2015	482	447	32.36	2.00	$16,492
Nov 2015	310	463	38.79	2.17	$13,028
Oct 2015	334	584	43.55	2.43	$15,963
Sep 2015	362	557	42.99	2.76	$17,099
Aug 2015	341	653	40.16	2.87	$15,570
Jul 2015	336	581	48.15	2.95	$17,889
Jun 2015	340	609	56.15	2.88	$20,847
May 2015	167	439	55.21	2.96	$10,518
Apr 2015	323	507	49.82	2.71	$17,464
Mar 2015	473	557	42.89	2.93	$21,922
Feb 2015	306	503	44.66	2.98	$15,163
Jan 2015	336	576	43.43	3.10	$16,378
Dec 2014	337	619	54.69	3.59	$20,654
Nov 2014	319	480	70.46	4.25	$24,518
Oct 2014	459	523	78.30	3.90	$37,980
Sep 2014	174	435	86.16	4.05	$16,752
Aug 2014	333	96	89.39	4.04	$30,154
Jul 2014	321	544	96.56	4.18	$33,269
Jun 2014	322	526	98.16	4.74	$34,099
May 2014	301	326	94.73	4.73	$30,055
Apr 2014	318	600	95.94	4.81	$33,394
Mar 2014	347	593	95.89	5.06	$36,273
Feb 2014	358	503	97.40	6.19	$37,984
Jan 2014	485	599	90.40	4.86	$46,756
Dec 2013	314	575	91.82	4.35	$31,335
Nov 2013	337	551	88.85	3.74	$32,002
Oct 2013	495	522	97.42	3.78	$50,196
Sep 2013	488	458	104.11	3.72	$52,508
Aug 2013	346	351	104.25	3.52	$37,307
Jul 2013	1	376	102.52	3.72	$1,500
Jun 2013	163	346	94.40	3.93	$16,748
May 2013	164	289	94.83	4.15	$16,751
Apr 2013	346	402	93.96	4.28	$34,232
Mar 2013	342	199	93.62	3.91	$32,797
Feb 2013	128	173	91.23	3.42	$12,269
Jan 2013	355	251	91.60	3.42	$33,376
Dec 2012	178	205	86.77	3.42	$16,146
Nov 2012	349	257	86.95	3.62	$31,277
Oct 2012	169	298	89.38	3.40	$16,118
Sep 2012	352	302	94.67	2.92	$34,205
Aug 2012	175	306	92.66	2.91	$17,105
Jul 2012	168	298	85.13	3.02	$15,202
Jun 2012	335	222	79.82	2.52	$27,299
May 2012	0	48	91.61	2.49	$119
Apr 2012	331	357	101.65	2.00	$34,359
Mar 2012	361	547	105.05	2.22	$39,139
Feb 2012	360	452	101.10	2.57	$37,558
Jan 2012	709	468	98.09	2.73	$70,825
Dec 2011	175	405	96.87	3.24	$18,264
Nov 2011	347	419	95.72	3.31	$34,602
Oct 2011	168	312	84.98	3.65	$15,415
Sep 2011	171	297	83.62	3.99	$15,483
Aug 2011	153	289	83.40	4.15	$13,959
Jul 2011	168	284	94.14	4.52	$17,098
Jun 2011	173	278	92.90	4.64	$17,362
May 2011	153	210	98.13	4.40	$15,939
Apr 2011	1	138	105.96	4.33	$704
Mar 2011	156	131	96.36	4.06	$15,564
Feb 2011	1	270	85.64	4.18	$1,214
Jan 2011	315	199	86.50	4.59	$28,161
Dec 2010	165	271	85.73	4.35	$15,324
Nov 2010	174	209	80.84	3.80	$14,859
Oct 2010	10	365	78.10	3.51	$2,062
Sep 2010	515	356	72.63	3.98	$38,821
Aug 2010	4	247	73.68	4.42	$1,386
Jul 2010	151	200	72.55	4.74	$11,902
Jun 2010	0	270	70.36	4.91	$1,326
May 2010	495	324	71.12	4.24	$36,577
Apr 2010	5	265	81.69	4.12	$1,501
Mar 2010	344	384	78.39	4.39	$28,651
Feb 2010	176	338	73.58	5.44	$14,790
Jan 2010	491	408	74.36	5.96	$38,944
Dec 2009	175	425	71.44	5.48	$14,833
Nov 2009	338	364	74.59	3.75	$26,577
Oct 2009	171	372	72.54	4.11	$13,933
Sep 2009	340	380	65.54	3.06	$23,448
Aug 2009	338	321	67.42	3.22	$23,821
Jul 2009	170	233	61.13	3.46	$11,199
Jun 2009	172	310	66.16	3.90	$12,587
May 2009	164	340	54.74	3.93	$10,312
Apr 2009	176	304	46.77	3.59	$9,322
Mar 2009	0	379	42.14	4.06	$1,538
Feb 2009	320	254	32.81	4.63	$11,676
Jan 2009	171	201	35.86	5.37	$7,212
Dec 2008	175	208	37.10	5.98	$7,736
Nov 2008	0	187	55.49	6.86	$1,283
Oct 2008	172	126	75.24	6.92	$13,813
Sep 2008	343	223	101.76	7.88	$36,660
Aug 2008	169	281	114.22	8.48	$21,687
Jul 2008	173	471	131.08	11.39	$28,041
Jun 2008	173	269	131.33	13.03	$26,226
May 2008	174	283	123.17	11.57	$24,707
Apr 2008	179	136	110.31	10.45	$21,167
Mar 2008	349	140	101.90	9.66	$36,916
Feb 2008	0	121	92.53	8.77	$1,061
Jan 2008	5	158	90.38	8.21	$1,748
Dec 2007	3	149	88.33	7.30	$1,353
Nov 2007	350	196	91.67	7.29	$33,514
Oct 2007	177	357	82.85	6.92	$17,136
Sep 2007	169	368	75.84	6.24	$15,115
Aug 2007	171	202	69.06	6.39	$13,100
Jul 2007	337	215	70.90	6.39	$25,267
Jun 2007	175	282	62.00	7.55	$12,979
May 2007	173	234	58.74	7.85	$11,998
Apr 2007	341	191	59.61	7.81	$21,818
Mar 2007	347	316	56.92	7.30	$22,059
Feb 2007	5	145	55.10	8.22	$1,467
Jan 2007	166	163	50.30	6.73	$9,446
Dec 2006	16	287	56.65	6.92	$2,892
Nov 2006	565	308	54.20	7.62	$32,969
Oct 2006	359	267	54.90	6.01	$21,315
Sep 2006	0	174	60.08	5.04	$876
Aug 2006	178	146	68.71	7.34	$13,302
Jul 2006	183	145	69.37	6.34	$13,614
Jun 2006	2	12	66.28	6.38	$209
May 2006	179	102	66.01	6.42	$12,471
Apr 2006	183	80	64.39	7.36	$12,372
Mar 2006	182	238	56.70	7.08	$12,005
Feb 2006	356	214	57.59	7.75	$22,161
Jan 2006	177	204	60.59	8.93	$12,547
Dec 2005	178	227	54.94	13.42	$12,825
Nov 2005	174	200	54.69	10.59	$11,634
Oct 2005	357	195	58.34	13.80	$23,518
Sep 2005	9	284	61.45	12.08	$3,983
Aug 2005	349	290	61.51	9.80	$24,308
Jul 2005	359	287	55.69	7.84	$22,244
Jun 2005	361	315	52.33	7.38	$21,216
May 2005	189	288	45.22	6.65	$10,462
Apr 2005	354	224	49.20	7.36	$19,066
Mar 2005	185	291	50.37	7.15	$11,401
Feb 2005	361	275	45.22	6.31	$18,060
Jan 2005	175	216	43.16	6.32	$8,919
Dec 2004	350	328	39.86	6.75	$16,165
Nov 2004	364	280	45.28	6.33	$18,254
Oct 2004	370	288	49.70	6.52	$20,265
Sep 2004	172	343	43.24	5.28	$9,250
Aug 2004	336	347	42.37	5.55	$16,162
Jul 2004	363	427	38.28	6.08	$16,494
Jun 2004	356	381	36.10	6.43	$15,303
May 2004	525	357	37.48	6.49	$21,996
Apr 2004	145	302	34.47	5.86	$6,767
Mar 2004	337	324	34.36	5.53	$13,371
Feb 2004	375	274	32.45	5.51	$13,678
Jan 2004	318	279	32.03	6.30	$11,943
Dec 2003	353	252	30.26	6.30	$12,270
Nov 2003	365	197	28.80	4.60	$11,417
Oct 2003	183	99	28.17	4.76	$5,626
Sep 2003	171	125	26.31	4.75	$5,093
Aug 2003	13	131	29.76	5.13	$1,059
Jul 2003	148	85	29.41	5.17	$4,792
Jun 2003	348	84	28.56	5.98	$10,441
May 2003	7	115	26.59	5.97	$873
Apr 2003	173	62	26.67	5.41	$4,949
Mar 2003	184	99	31.14	6.10	$6,333
Feb 2003	181	101	33.48	7.93	$6,860
Jan 2003	0	123	30.31	5.58	$687
Dec 2002	173	101	26.91	4.85	$5,146
Nov 2002	174	54	24.66	4.14	$4,514
Oct 2002	174	119	26.46	4.23	$5,107
Sep 2002	169	42	27.44	3.64	$4,790
Aug 2002	5	44	25.96	3.16	$269
Jul 2002	170	100	24.58	3.06	$4,485
Jun 2002	163	81	23.73	3.34	$4,138
May 2002	173	170	24.66	3.58	$4,875
Apr 2002	180	134	23.65	3.51	$4,728
Mar 2002	166	145	22.00	3.10	$4,102
Feb 2002	2	0	18.22	2.38	$36
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	187	24.56	3.82	$715
May 2001	0	83	25.52	4.31	$358
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	337	543	27.47	8.40	$13,818
Dec 2000	169	654	26.88	9.12	$10,509
Nov 2000	497	559	32.21	5.66	$19,171
Oct 2000	344	793	31.23	5.15	$14,824
Sep 2000	178	477	31.87	5.19	$8,147
Aug 2000	351	1,038	29.64	4.54	$15,117
Jul 2000	352	1,033	28.53	4.09	$14,267
Jun 2000	342	865	29.30	4.40	$13,824
May 2000	351	854	27.26	3.68	$12,711
Apr 2000	361	680	24.51	3.12	$10,967
Mar 2000	170	629	28.42	2.86	$6,630
Feb 2000	255	571	27.62	2.73	$8,600
Jan 2000	535	889	25.27	2.48	$15,725
Dec 1999	177	811	24.28	2.42	$6,263
Nov 1999	459	982	23.19	2.43	$13,034
Oct 1999	307	964	20.98	2.80	$9,144
Sep 1999	309	681	21.75	2.62	$8,504
Aug 1999	277	770	19.26	2.88	$7,549
Jul 1999	421	926	17.89	2.37	$9,729
Jun 1999	482	71	15.94	2.36	$7,851
May 1999	356	991	15.79	2.32	$7,921
Apr 1999	547	934	15.10	2.21	$10,322
Mar 1999	551	827	12.47	1.84	$8,391
Feb 1999	539	758	9.98	1.82	$6,757
Jan 1999	347	656	10.38	1.90	$4,848
Dec 1998	366	717	9.20	1.77	$4,639
Nov 1998	550	689	10.89	2.19	$7,495
Oct 1998	552	747	12.42	1.97	$8,327
Sep 1998	544	368	12.59	2.08	$7,615
Aug 1998	374	737	11.30	1.91	$5,632
Jul 1998	550	767	11.74	2.24	$8,173
Jun 1998	181	519	11.24	2.24	$3,196
May 1998	360	0	12.62	2.21	$4,543
Apr 1998	184	249	13.04	2.51	$3,023
Mar 1998	373	763	12.80	2.31	$6,537
Feb 1998	374	726	13.95	2.30	$6,886
Jan 1998	734	784	14.70	2.15	$12,479
Dec 1997	3	651	16.32	2.41	$1,619
Nov 1997	536	869	18.19	3.09	$12,434
Oct 1997	372	994	19.25	3.15	$10,292
Sep 1997	514	995	17.74	2.95	$12,058
Aug 1997	362	966	17.86	2.55	$8,933
Jul 1997	360	968	17.58	2.25	$8,504
Jun 1997	551	909	17.24	2.26	$11,551
May 1997	366	911	18.97	2.31	$9,046
Apr 1997	189	790	17.88	2.08	$5,025
Mar 1997	548	781	18.95	1.94	$11,899
Feb 1997	372	631	20.49	2.21	$9,014
Jan 1997	368	681	23.48	3.54	$11,051
Dec 1996	557	772	23.32	—	$12,989
Nov 1996	369	444	21.97	—	$8,107
Oct 1996	368	508	23.31	—	$8,578
Sep 1996	556	612	22.22	—	$12,354
Aug 1996	182	375	20.26	—	$3,687
Jul 1996	550	931	19.55	—	$10,753
Jun 1996	508	1,082	18.73	—	$9,515
May 1996	709	876	19.43	—	$13,776
Apr 1996	735	643	21.51	—	$15,810
Mar 1996	364	590	19.38	—	$7,054
Feb 1996	181	317	16.98	—	$3,073
Jan 1996	181	335	17.07	—	$3,090
Dec 1995	178	428	17.19	—	$3,060
Nov 1995	4	59	16.00	—	$64
Oct 1995	0	1	15.43	—	$0
Sep 1995	183	517	16.18	—	$2,961
Aug 1995	377	1,580	15.92	—	$6,002
Jul 1995	552	1,598	15.24	—	$8,412
Jun 1995	372	1,447	16.41	—	$6,105
May 1995	369	1,448	17.56	—	$6,480
Apr 1995	358	1,385	17.73	—	$6,347
Mar 1995	530	1,239	16.44	—	$8,713
Feb 1995	525	1,435	16.58	—	$8,705
Jan 1995	521	1,549	15.92	—	$8,294
Dec 1994	544	1,291	15.03	—	$8,176
Nov 1994	538	1,653	15.90	—	$8,554
Oct 1994	532	1,537	15.58	—	$8,289
Sep 1994	534	1,738	15.29	—	$8,165
Aug 1994	364	1,417	16.13	—	$5,871
Jul 1994	680	1,511	17.56	—	$11,941
Jun 1994	541	1,360	17.09	—	$9,246
May 1994	620	1,561	15.88	—	$9,846
Apr 1994	545	1,491	14.14	—	$7,706
Mar 1994	730	1,453	12.46	—	$9,096
Feb 1994	553	1,075	12.50	—	$6,913
Jan 1994	726	1,410	12.66	—	$9,191
Dec 1993	733	1,596	12.33	—	$9,038
Nov 1993	543	2,217	14.49	—	$7,868
Oct 1993	548	2,319	15.85	—	$8,686
Sep 1993	906	2,247	15.03	—	$13,617
Aug 1993	708	2,050	15.66	—	$11,087
Jul 1993	894	2,379	15.46	—	$13,821
Jun 1993	894	2,259	16.79	—	$15,010
May 1993	1,274	2,462	17.68	—	$22,524
Apr 1993	551	1,894	18.05	—	$9,946
Mar 1993	553	430	18.14	—	$10,031
Feb 1993	738	1	17.90	—	$13,210
Jan 1993	0	1	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.

Mar 2020 — as filed, then multipliedworked

Oil                  136 bbl  × $ 30.34 =     $4,126
Casinghead gas         0 Mcf  × $  1.86 =         $0

────────────────────────────────────────────────────
Month total                                   $4,126

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/33685 is the state's own key, not one this site invented.