CORNING LOUDAMY -29-

Name: CORNING LOUDAMY -29- lease production and value, Oct 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the PATIENCE (PENN-REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34001District 08Field 69541300OilCasinghead gasSave Export

Value, all time

$16.4 M

Oct 1993 – Mar 2021

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

330

no gaps in the span

Streams

oil, casinghead gas

The PATIENCE (PENN-REEF) 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 5 leases and 6 wells, and the rule below applies to all of them.

Discovered

1992-10-01

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1993-03-01.

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	375,605 bbl	$9,595,491
Casinghead gas	Production	2,029,394 Mcf	$6,792,972
Total			$16,388,463

639,959 Mcf of this lease's gas, across 38 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 32.3904, -101.6032. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.39044, -101.60324 · 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

8,896 ft

1 wells filed one

Completion to plug

4.8 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 8,896 ft.

Completions filed

Sep 2015

1 of 1 wells

Plug dates filed

Jun 2020

1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-22734789	1	8,896 ft	Sep 2015	Jun 2020	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 (330)

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

330 months


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	80	0	39.98	2.39	$3,198
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	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	2	56.27	2.46	$5
Jun 2019	0	3	52.78	2.49	$7
May 2019	0	3	58.48	2.74	$8
Apr 2019	0	2	62.63	2.75	$6
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	4	50.85	2.79	$11
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	27	46.59	4.19	$113
Nov 2018	0	32	52.93	4.24	$136
Oct 2018	0	35	61.44	3.40	$119
Sep 2018	0	7	59.54	3.11	$22
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
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	0	8	61.78	2.77	$22
Jan 2018	0	19	62.87	4.01	$76
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	170	8	55.42	3.12	$9,446
Oct 2017	0	42	49.29	2.98	$125
Sep 2017	0	45	47.52	3.09	$139
Aug 2017	192	57	45.37	3.00	$8,882
Jul 2017	0	41	43.87	3.09	$127
Jun 2017	160	59	42.49	3.09	$6,981
May 2017	169	73	45.37	3.26	$7,906
Apr 2017	0	83	47.93	3.21	$267
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	49	50.45	2.95	$145
Jan 2017	170	78	49.41	3.42	$8,666
Dec 2016	0	90	48.76	3.72	$335
Nov 2016	172	117	42.49	2.64	$7,618
Oct 2016	0	107	46.19	3.09	$331
Sep 2016	168	131	41.55	3.10	$7,387
Aug 2016	0	143	41.44	2.92	$418
Jul 2016	174	135	41.62	2.92	$7,637
Jun 2016	0	185	45.35	2.69	$497
May 2016	175	214	42.52	1.99	$7,867
Apr 2016	174	688	36.56	1.99	$7,731
Mar 2016	0	705	33.01	1.79	$1,265
Feb 2016	172	665	26.47	2.06	$5,925
Jan 2016	171	813	27.35	2.36	$6,599
Dec 2015	171	858	32.36	2.00	$7,251
Nov 2015	174	842	38.79	2.17	$8,574
Oct 2015	170	1,449	43.55	2.43	$10,920
Sep 2015	0	2,057	42.99	2.76	$5,674
Aug 2015	0	1,480	40.16	2.87	$4,251
Jul 2015	0	1,487	48.15	2.95	$4,379
Jun 2015	0	1,448	56.15	2.88	$4,174
May 2015	0	1,211	55.21	2.96	$3,579
Apr 2015	0	474	49.82	2.71	$1,283
Mar 2015	0	182	42.89	2.93	$534
Feb 2015	0	306	44.66	2.98	$911
Jan 2015	188	208	43.43	3.10	$8,810
Dec 2014	186	303	54.69	3.59	$11,261
Nov 2014	185	395	70.46	4.25	$14,715
Oct 2014	0	297	78.30	3.90	$1,159
Sep 2014	185	651	86.16	4.05	$18,573
Aug 2014	183	758	89.39	4.04	$19,417
Jul 2014	178	638	96.56	4.18	$19,854
Jun 2014	175	635	98.16	4.74	$20,186
May 2014	184	746	94.73	4.73	$20,956
Apr 2014	0	427	95.94	4.81	$2,053
Mar 2014	188	354	95.89	5.06	$19,817
Feb 2014	182	602	97.40	6.19	$21,454
Jan 2014	180	727	90.40	4.86	$19,806
Dec 2013	180	655	91.82	4.35	$19,380
Nov 2013	185	622	88.85	3.74	$18,762
Oct 2013	0	598	97.42	3.78	$2,260
Sep 2013	180	707	104.11	3.72	$21,368
Aug 2013	177	870	104.25	3.52	$21,517
Jul 2013	0	1,126	102.52	3.72	$4,186
Jun 2013	168	1,298	94.40	3.93	$20,965
May 2013	0	1,512	94.83	4.15	$6,273
Apr 2013	177	483	93.96	4.28	$18,699
Mar 2013	181	667	93.62	3.91	$19,555
Feb 2013	0	946	91.23	3.42	$3,235
Jan 2013	179	1,144	91.60	3.42	$20,309
Dec 2012	179	1,350	86.77	3.42	$20,149
Nov 2012	0	1,585	86.95	3.62	$5,746
Oct 2012	183	1,283	89.38	3.40	$20,718
Sep 2012	353	884	94.67	2.92	$35,998
Aug 2012	179	870	92.66	2.91	$19,116
Jul 2012	179	1,841	85.13	3.02	$20,800
Jun 2012	186	1,854	79.82	2.52	$19,517
May 2012	180	2,064	91.61	2.49	$21,626
Apr 2012	0	2,340	101.65	2.00	$4,673
Mar 2012	191	1,291	105.05	2.22	$22,933
Feb 2012	186	0	101.10	2.57	$18,805
Jan 2012	0	1,888	98.09	2.73	$5,162
Dec 2011	190	1,979	96.87	3.24	$24,817
Nov 2011	354	2,104	95.72	3.31	$40,852
Oct 2011	189	1,872	84.98	3.65	$22,891
Sep 2011	188	1,857	83.62	3.99	$23,122
Aug 2011	173	1,979	83.40	4.15	$22,640
Jul 2011	357	1,757	94.14	4.52	$41,545
Jun 2011	176	3,086	92.90	4.64	$30,669
May 2011	175	3,800	98.13	4.40	$33,911
Apr 2011	172	1,958	105.96	4.33	$26,710
Mar 2011	184	4,798	96.36	4.06	$37,197
Feb 2011	184	2,130	85.64	4.18	$24,661
Jan 2011	184	1,724	86.50	4.59	$23,827
Dec 2010	182	2,686	85.73	4.35	$27,281
Nov 2010	184	1,410	80.84	3.80	$20,226
Oct 2010	186	2,971	78.10	3.51	$24,952
Sep 2010	180	3,731	72.63	3.98	$27,921
Aug 2010	185	2,720	73.68	4.42	$25,651
Jul 2010	177	4,209	72.55	4.74	$32,777
Jun 2010	186	4,750	70.36	4.91	$36,411
May 2010	0	4,487	71.12	4.24	$19,003
Apr 2010	186	4,737	81.69	4.12	$34,724
Mar 2010	184	4,798	78.39	4.39	$35,481
Feb 2010	186	4,412	73.58	5.44	$37,698
Jan 2010	0	6,504	74.36	5.96	$38,790
Dec 2009	189	4,035	71.44	5.48	$35,629
Nov 2009	184	4,820	74.59	3.75	$31,807
Oct 2009	178	5,064	72.54	4.11	$33,726
Sep 2009	183	4,499	65.54	3.06	$25,782
Aug 2009	184	5,099	67.42	3.22	$28,816
Jul 2009	185	4,768	61.13	3.46	$27,828
Jun 2009	185	5,054	66.16	3.90	$31,925
May 2009	174	5,462	54.74	3.93	$30,967
Apr 2009	363	5,659	46.77	3.59	$37,279
Mar 2009	184	5,830	42.14	4.06	$31,418
Feb 2009	0	6,077	32.81	4.63	$28,155
Jan 2009	183	5,256	35.86	5.37	$34,792
Dec 2008	183	5,886	37.10	5.98	$41,971
Nov 2008	180	6,139	55.49	6.86	$52,104
Oct 2008	183	8,368	75.24	6.92	$71,692
Sep 2008	182	2,717	101.76	7.88	$39,922
Aug 2008	184	7,249	114.22	8.48	$82,510
Jul 2008	184	7,156	131.08	11.39	$105,621
Jun 2008	185	6,244	131.33	13.03	$105,672
May 2008	368	6,645	123.17	11.57	$122,238
Apr 2008	182	6,868	110.31	10.45	$91,880
Mar 2008	368	7,292	101.90	9.66	$107,970
Feb 2008	183	6,847	92.53	8.77	$76,985
Jan 2008	369	7,088	90.38	8.21	$91,512
Dec 2007	367	7,189	88.33	7.30	$84,911
Nov 2007	372	7,030	91.67	7.29	$85,362
Oct 2007	174	7,208	82.85	6.92	$64,310
Sep 2007	183	6,873	75.84	6.24	$56,795
Aug 2007	367	7,197	69.06	6.39	$71,319
Jul 2007	369	7,289	70.90	6.39	$72,724
Jun 2007	186	7,208	62.00	7.55	$65,941
May 2007	361	8,513	58.74	7.85	$88,001
Apr 2007	180	5,907	59.61	7.81	$56,835
Mar 2007	366	7,852	56.92	7.30	$78,168
Feb 2007	369	7,105	55.10	8.22	$78,707
Jan 2007	372	7,873	50.30	6.73	$71,672
Dec 2006	367	7,539	56.65	6.92	$72,949
Nov 2006	373	7,601	54.20	7.62	$78,117
Oct 2006	369	7,208	54.90	6.01	$63,606
Sep 2006	373	7,278	60.08	5.04	$59,071
Aug 2006	374	7,578	68.71	7.34	$81,319
Jul 2006	362	7,766	69.37	6.34	$74,370
Jun 2006	369	7,734	66.28	6.38	$73,830
May 2006	358	6,166	66.01	6.42	$63,248
Apr 2006	556	6,738	64.39	7.36	$85,396
Mar 2006	374	6,494	56.70	7.08	$67,202
Feb 2006	564	5,611	57.59	7.75	$75,972
Jan 2006	570	7,549	60.59	8.93	$101,974
Dec 2005	374	7,326	54.94	13.42	$118,829
Nov 2005	741	6,672	54.69	10.59	$111,171
Oct 2005	374	6,672	58.34	13.80	$113,864
Sep 2005	547	6,261	61.45	12.08	$109,240
Aug 2005	373	6,233	61.51	9.80	$84,007
Jul 2005	745	6,752	55.69	7.84	$94,449
Jun 2005	560	4,335	52.33	7.38	$61,302
May 2005	935	5,581	45.22	6.65	$79,401
Apr 2005	0	6,070	49.20	7.36	$44,678
Mar 2005	187	1,465	50.37	7.15	$19,901
Feb 2005	548	4,464	45.22	6.31	$52,957
Jan 2005	739	5,216	43.16	6.32	$64,872
Dec 2004	705	5,403	39.86	6.75	$64,577
Nov 2004	750	5,433	45.28	6.33	$68,353
Oct 2004	928	5,707	49.70	6.52	$83,303
Sep 2004	922	5,648	43.24	5.28	$69,711
Aug 2004	1,110	5,925	42.37	5.55	$79,918
Jul 2004	747	6,572	38.28	6.08	$68,580
Jun 2004	0	5,105	36.10	6.43	$32,841
May 2004	921	5,845	37.48	6.49	$72,480
Apr 2004	1,097	7,717	34.47	5.86	$83,023
Mar 2004	1,083	8,260	34.36	5.53	$82,891
Feb 2004	1,088	8,539	32.45	5.51	$82,352
Jan 2004	1,821	10,657	32.03	6.30	$125,462
Dec 2003	1,644	11,490	30.26	6.30	$122,153
Nov 2003	2,554	13,147	28.80	4.60	$133,968
Oct 2003	2,896	14,130	28.17	4.76	$148,834
Sep 2003	2,886	11,490	26.31	4.75	$130,501
Aug 2003	3,234	14,104	29.76	5.13	$168,593
Jul 2003	2,875	11,490	29.41	5.17	$143,967
Jun 2003	2,523	13,805	28.56	5.98	$154,652
May 2003	3,247	14,374	26.59	5.97	$172,189
Apr 2003	2,898	14,224	26.67	5.41	$154,203
Mar 2003	3,273	14,998	31.14	6.10	$193,350
Feb 2003	2,925	13,521	33.48	7.93	$205,095
Jan 2003	2,942	15,068	30.31	5.58	$173,282
Dec 2002	2,929	15,178	26.91	4.85	$152,490
Nov 2002	3,297	14,049	24.66	4.14	$139,424
Oct 2002	2,540	13,619	26.46	4.23	$124,805
Sep 2002	2,168	13,251	27.44	3.64	$107,660
Aug 2002	2,873	13,842	25.96	3.16	$118,381
Jul 2002	2,514	13,259	24.58	3.06	$102,390
Jun 2002	2,160	12,774	23.73	3.34	$93,899
May 2002	2,515	12,963	24.66	3.58	$108,479
Apr 2002	2,538	13,346	23.65	3.51	$106,899
Mar 2002	3,292	13,659	22.00	3.10	$114,804
Feb 2002	2,931	11,776	18.22	2.38	$81,379
Jan 2002	3,300	13,088	17.17	2.38	$87,754
Dec 2001	3,289	12,280	16.93	2.36	$84,718
Nov 2001	3,289	10,629	18.07	2.41	$85,001
Oct 2001	2,893	10,070	19.78	2.53	$82,689
Sep 2001	2,885	9,035	24.26	2.25	$90,331
Aug 2001	3,223	8,558	24.87	3.05	$106,285
Jul 2001	2,833	8,373	23.93	3.20	$94,563
Jun 2001	3,223	8,412	24.56	3.82	$111,326
May 2001	3,232	8,265	25.52	4.31	$118,081
Apr 2001	3,257	8,026	24.68	5.34	$123,204
Mar 2001	2,911	8,163	24.54	5.38	$115,324
Feb 2001	3,286	8,151	27.75	5.77	$138,194
Jan 2001	2,923	8,151	27.47	8.40	$148,753
Dec 2000	3,297	8,239	26.88	9.12	$163,784
Nov 2000	3,276	8,024	32.21	5.66	$150,920
Oct 2000	2,898	8,425	31.23	5.15	$133,855
Sep 2000	3,236	8,308	31.87	5.19	$146,221
Aug 2000	3,195	8,785	29.64	4.54	$134,590
Jul 2000	3,198	8,700	28.53	4.09	$126,820
Jun 2000	2,871	9,091	29.30	4.40	$124,096
May 2000	3,220	9,007	27.26	3.68	$120,921
Apr 2000	3,232	8,387	24.51	3.12	$105,350
Mar 2000	2,902	8,672	28.42	2.86	$107,275
Feb 2000	2,894	0	27.62	2.73	$79,932
Jan 2000	2,903	8,527	25.27	2.48	$94,510
Dec 1999	3,603	8,539	24.28	2.42	$108,177
Nov 1999	2,895	8,349	23.19	2.43	$87,456
Oct 1999	3,233	8,393	20.98	2.80	$91,360
Sep 1999	3,224	8,126	21.75	2.62	$91,403
Aug 1999	3,238	8,398	19.26	2.88	$86,513
Jul 1999	3,584	8,241	17.89	2.37	$83,668
Jun 1999	2,877	7,285	15.94	2.36	$63,067
May 1999	3,207	7,627	15.79	2.32	$68,341
Apr 1999	3,227	6,813	15.10	2.21	$63,771
Mar 1999	2,162	5,358	12.47	1.84	$36,810
Feb 1999	1,818	4,892	9.98	1.82	$27,036
Jan 1999	2,172	5,376	10.38	1.90	$32,759
Dec 1998	2,177	5,446	9.20	1.77	$29,686
Nov 1998	1,438	5,008	10.89	2.19	$26,606
Oct 1998	2,135	5,185	12.42	1.97	$36,727
Sep 1998	1,442	4,824	12.59	2.08	$28,201
Aug 1998	1,794	5,642	11.30	1.91	$31,033
Jul 1998	1,438	5,639	11.74	2.24	$29,498
Jun 1998	2,151	6,851	11.24	2.24	$39,505
May 1998	2,866	7,990	12.62	2.21	$53,798
Apr 1998	2,861	9,060	13.04	2.51	$60,006
Mar 1998	3,204	9,732	12.80	2.31	$63,487
Feb 1998	2,896	8,738	13.95	2.30	$60,489
Jan 1998	3,571	9,831	14.70	2.15	$73,677
Dec 1997	2,920	9,438	16.32	2.41	$70,410
Nov 1997	3,282	8,553	18.19	3.09	$86,113
Oct 1997	2,904	8,760	19.25	3.15	$83,494
Sep 1997	3,241	8,585	17.74	2.95	$82,863
Aug 1997	2,830	9,209	17.86	2.55	$74,070
Jul 1997	3,197	8,994	17.58	2.25	$76,412
Jun 1997	2,513	8,511	17.24	2.26	$62,535
May 1997	3,238	9,193	18.97	2.31	$82,647
Apr 1997	2,905	8,788	17.88	2.08	$70,245
Mar 1997	3,247	9,195	18.95	1.94	$79,361
Feb 1997	2,549	7,605	20.49	2.21	$69,005
Jan 1997	2,900	8,310	23.48	3.54	$97,507
Dec 1996	2,541	8,041	23.32	—	$59,256
Nov 1996	2,884	8,246	21.97	—	$63,361
Oct 1996	2,879	8,991	23.31	—	$67,109
Sep 1996	2,876	9,196	22.22	—	$63,905
Aug 1996	3,386	9,713	20.26	—	$68,600
Jul 1996	3,048	9,717	19.55	—	$59,588
Jun 1996	3,069	9,369	18.73	—	$57,482
May 1996	3,225	10,001	19.43	—	$62,662
Apr 1996	2,887	9,272	21.51	—	$62,099
Mar 1996	2,912	9,925	19.38	—	$56,435
Feb 1996	2,542	9,853	16.98	—	$43,163
Jan 1996	3,276	11,509	17.07	—	$55,921
Dec 1995	2,758	12,368	17.19	—	$47,410
Nov 1995	3,252	13,573	16.00	—	$52,032
Oct 1995	2,570	18,060	15.43	—	$39,655
Sep 1995	1,524	19,325	16.18	—	$24,658
Aug 1995	1,822	19,692	15.92	—	$29,006
Jul 1995	1,482	21,221	15.24	—	$22,586
Jun 1995	1,434	21,158	16.41	—	$23,532
May 1995	1,491	20,270	17.56	—	$26,182
Apr 1995	1,878	23,549	17.73	—	$33,297
Mar 1995	1,824	24,125	16.44	—	$29,987
Feb 1995	1,832	21,506	16.58	—	$30,375
Jan 1995	1,839	22,978	15.92	—	$29,277
Dec 1994	2,257	23,132	15.03	—	$33,923
Nov 1994	2,225	22,075	15.90	—	$35,378
Oct 1994	2,187	21,807	15.58	—	$34,073
Sep 1994	2,165	23,454	15.29	—	$33,103
Aug 1994	2,526	23,654	16.13	—	$40,744
Jul 1994	2,173	22,243	17.56	—	$38,158
Jun 1994	2,525	22,502	17.09	—	$43,152
May 1994	2,919	23,364	15.88	—	$46,354
Apr 1994	2,535	21,815	14.14	—	$35,845
Mar 1994	2,926	23,812	12.46	—	$36,458
Feb 1994	2,566	19,380	12.50	—	$32,075
Jan 1994	3,325	21,627	12.66	—	$42,095
Dec 1993	2,405	19,435	12.33	—	$29,654
Nov 1993	0	0	14.49	—	$0
Oct 1993	187	1	15.85	—	$2,964

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.

Aug 2020 — as filed, then multipliedworked

Oil                   80 bbl  × $ 39.98 =     $3,198
Casinghead gas         0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                   $3,198

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/34001 is the state's own key, not one this site invented.