MCMAHON, MAJORIE

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

Operated by NATIONAL SURFACE & MINERALS, LLC (P-5 600683) in the HANDY,WEST (YOUNG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 105005District 09Field 38680900NGPA filingCondensateGasSave Export

Value, all time

$890 k

Jan 1993 – Dec 2022

Value, last 12 filed months

at the published price for each month

Months reported

360

no gaps in the span

Streams

condensate, gas

The HANDY,WEST (YOUNG) 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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered

1979-05-10

as the register files it

Field class

Gas

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST EFFECTIVE 2/1/94”

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
Condensate	Disposition	930 bbl	$41,320
Gas	Production	196,252 Mcf	$848,981
Total			$890,301

41,513 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 33.9237, -96.9712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.92369, -96.97117 · 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

6,281 ft

1 wells filed one

Completion to plug

39.8 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 6,281 ft.

Completions filed

Mar 1983

1 of 1 wells

Plug dates filed

Dec 2022

1 of 1 wells

Last completion to plug: a median of 39.8 years across the 1 well that filed both dates, with the middle half between 39.8 years and 39.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-09732147	4	6,281 ft	Mar 1983	Dec 2022	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 (360)

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

360 months


Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
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	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	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	0	0	46.59	4.19	$0
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	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	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	130	57.27	2.92	$380
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	1	43.87	3.09	$3
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	4	45.37	3.26	$13
Apr 2017	0	1	47.93	3.21	$3
Mar 2017	0	1	46.77	2.98	$3
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	2	49.41	3.42	$7
Dec 2016	0	2	48.76	3.72	$7
Nov 2016	0	90	42.49	2.64	$238
Oct 2016	0	157	46.19	3.09	$485
Sep 2016	0	322	41.55	3.10	$998
Aug 2016	0	44	41.44	2.92	$129
Jul 2016	0	189	41.62	2.92	$553
Jun 2016	0	150	45.35	2.69	$403
May 2016	0	166	42.52	1.99	$331
Apr 2016	0	165	36.56	1.99	$329
Mar 2016	0	160	33.01	1.79	$287
Feb 2016	0	179	26.47	2.06	$369
Jan 2016	0	173	27.35	2.36	$409
Dec 2015	0	214	32.36	2.00	$428
Nov 2015	0	367	38.79	2.17	$795
Oct 2015	0	457	43.55	2.43	$1,109
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	343	55.21	2.96	$1,014
Apr 2015	0	757	49.82	2.71	$2,049
Mar 2015	0	671	42.89	2.93	$1,969
Feb 2015	0	708	44.66	2.98	$2,107
Jan 2015	0	845	43.43	3.10	$2,620
Dec 2014	0	608	54.69	3.59	$2,184
Nov 2014	0	643	70.46	4.25	$2,734
Oct 2014	0	499	78.30	3.90	$1,947
Sep 2014	0	598	86.16	4.05	$2,419
Aug 2014	0	673	89.39	4.04	$2,716
Jul 2014	0	516	96.56	4.18	$2,157
Jun 2014	0	313	98.16	4.74	$1,483
May 2014	0	364	94.73	4.73	$1,720
Apr 2014	0	381	95.94	4.81	$1,832
Mar 2014	0	477	95.89	5.06	$2,412
Feb 2014	0	636	97.40	6.19	$3,938
Jan 2014	0	371	90.40	4.86	$1,803
Dec 2013	0	565	91.82	4.35	$2,460
Nov 2013	0	678	88.85	3.74	$2,535
Oct 2013	0	831	97.42	3.78	$3,141
Sep 2013	0	544	104.11	3.72	$2,022
Aug 2013	42	655	104.25	3.52	$6,686
Jul 2013	0	638	102.52	3.72	$2,372
Jun 2013	0	718	94.40	3.93	$2,824
May 2013	0	603	94.83	4.15	$2,502
Apr 2013	0	599	93.96	4.28	$2,565
Mar 2013	0	615	93.62	3.91	$2,406
Feb 2013	0	556	91.23	3.42	$1,901
Jan 2013	0	647	91.60	3.42	$2,213
Dec 2012	0	1,003	86.77	3.42	$3,430
Nov 2012	0	780	86.95	3.62	$2,827
Oct 2012	0	599	89.38	3.40	$2,036
Sep 2012	0	638	94.67	2.92	$1,862
Aug 2012	0	986	92.66	2.91	$2,867
Jul 2012	0	58	85.13	3.02	$175
Jun 2012	0	470	79.82	2.52	$1,184
May 2012	0	630	91.61	2.49	$1,568
Apr 2012	0	585	101.65	2.00	$1,168
Mar 2012	0	825	105.05	2.22	$1,833
Feb 2012	0	832	101.10	2.57	$2,138
Jan 2012	0	944	98.09	2.73	$2,581
Dec 2011	0	800	96.87	3.24	$2,592
Nov 2011	0	916	95.72	3.31	$3,033
Oct 2011	0	1,142	84.98	3.65	$4,167
Sep 2011	0	1,216	83.62	3.99	$4,847
Aug 2011	0	722	83.40	4.15	$2,996
Jul 2011	0	1,138	94.14	4.52	$5,141
Jun 2011	0	958	92.90	4.64	$4,445
May 2011	0	378	98.13	4.40	$1,665
Apr 2011	0	731	105.96	4.33	$3,168
Mar 2011	64	726	96.36	4.06	$9,113
Feb 2011	0	461	85.64	4.18	$1,927
Jan 2011	0	799	86.50	4.59	$3,666
Dec 2010	0	618	85.73	4.35	$2,687
Nov 2010	0	729	80.84	3.80	$2,767
Oct 2010	0	728	78.10	3.51	$2,554
Sep 2010	0	741	72.63	3.98	$2,949
Aug 2010	0	797	73.68	4.42	$3,522
Jul 2010	0	676	72.55	4.74	$3,202
Jun 2010	0	649	70.36	4.91	$3,187
May 2010	0	763	71.12	4.24	$3,231
Apr 2010	0	991	81.69	4.12	$4,086
Mar 2010	0	451	78.39	4.39	$1,979
Feb 2010	0	729	73.58	5.44	$3,967
Jan 2010	0	1,250	74.36	5.96	$7,455
Dec 2009	0	966	71.44	5.48	$5,297
Nov 2009	0	654	74.59	3.75	$2,453
Oct 2009	0	682	72.54	4.11	$2,803
Sep 2009	0	468	65.54	3.06	$1,434
Aug 2009	0	618	67.42	3.22	$1,989
Jul 2009	0	346	61.13	3.46	$1,199
Jun 2009	0	647	66.16	3.90	$2,520
May 2009	0	110	54.74	3.93	$432
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	81	42.14	4.06	$329
Feb 2009	0	738	32.81	4.63	$3,419
Jan 2009	0	307	35.86	5.37	$1,649
Dec 2008	0	360	37.10	5.98	$2,152
Nov 2008	0	732	55.49	6.86	$5,022
Oct 2008	0	972	75.24	6.92	$6,728
Sep 2008	0	982	101.76	7.88	$7,735
Aug 2008	0	997	114.22	8.48	$8,458
Jul 2008	0	850	131.08	11.39	$9,681
Jun 2008	58	813	131.33	13.03	$18,213
May 2008	0	973	123.17	11.57	$11,262
Apr 2008	0	998	110.31	10.45	$10,434
Mar 2008	0	1,043	101.90	9.66	$10,080
Feb 2008	0	918	92.53	8.77	$8,051
Jan 2008	0	749	90.38	8.21	$6,146
Dec 2007	0	848	88.33	7.30	$6,192
Nov 2007	0	851	91.67	7.29	$6,205
Oct 2007	0	1,005	82.85	6.92	$6,957
Sep 2007	42	1,035	75.84	6.24	$9,648
Aug 2007	0	710	69.06	6.39	$4,535
Jul 2007	0	245	70.90	6.39	$1,565
Jun 2007	0	969	62.00	7.55	$7,314
May 2007	0	943	58.74	7.85	$7,399
Apr 2007	0	880	59.61	7.81	$6,869
Mar 2007	0	849	56.92	7.30	$6,199
Feb 2007	0	701	55.10	8.22	$5,759
Jan 2007	43	731	50.30	6.73	$7,080
Dec 2006	0	708	56.65	6.92	$4,898
Nov 2006	0	829	54.20	7.62	$6,315
Oct 2006	0	1,409	54.90	6.01	$8,473
Sep 2006	0	914	60.08	5.04	$4,604
Aug 2006	0	897	68.71	7.34	$6,584
Jul 2006	0	796	69.37	6.34	$5,049
Jun 2006	0	1,744	66.28	6.38	$11,133
May 2006	0	895	66.01	6.42	$5,750
Apr 2006	0	1,050	64.39	7.36	$7,729
Mar 2006	0	1,216	56.70	7.08	$8,613
Feb 2006	0	1,011	57.59	7.75	$7,836
Jan 2006	0	1,078	60.59	8.93	$9,630
Dec 2005	0	1,108	54.94	13.42	$14,864
Nov 2005	0	1,128	54.69	10.59	$11,944
Oct 2005	0	1,240	58.34	13.80	$17,107
Sep 2005	0	1,312	61.45	12.08	$15,848
Aug 2005	0	1,424	61.51	9.80	$13,951
Jul 2005	0	1,261	55.69	7.84	$9,891
Jun 2005	0	1,035	52.33	7.38	$7,639
May 2005	0	1,112	45.22	6.65	$7,396
Apr 2005	64	1,075	49.20	7.36	$11,061
Mar 2005	0	975	50.37	7.15	$6,976
Feb 2005	0	874	45.22	6.31	$5,517
Jan 2005	0	909	43.16	6.32	$5,747
Dec 2004	0	940	39.86	6.75	$6,346
Nov 2004	0	1,169	45.28	6.33	$7,400
Oct 2004	0	1,184	49.70	6.52	$7,714
Sep 2004	0	1,260	43.24	5.28	$6,658
Aug 2004	0	1,279	42.37	5.55	$7,099
Jul 2004	0	1,199	38.28	6.08	$7,295
Jun 2004	0	1,042	36.10	6.43	$6,703
May 2004	0	864	37.48	6.49	$5,611
Apr 2004	52	599	34.47	5.86	$5,302
Mar 2004	0	318	34.36	5.53	$1,759
Feb 2004	0	529	32.45	5.51	$2,915
Jan 2004	0	998	32.03	6.30	$6,287
Dec 2003	0	1,041	30.26	6.30	$6,560
Nov 2003	60	1,077	28.80	4.60	$6,677
Oct 2003	0	1,121	28.17	4.76	$5,336
Sep 2003	0	1,032	26.31	4.75	$4,901
Aug 2003	0	1,205	29.76	5.13	$6,181
Jul 2003	38	1,226	29.41	5.17	$7,457
Jun 2003	0	1,259	28.56	5.98	$7,533
May 2003	0	1,298	26.59	5.97	$7,753
Apr 2003	0	1,270	26.67	5.41	$6,867
Mar 2003	0	1,227	31.14	6.10	$7,480
Feb 2003	53	1,118	33.48	7.93	$10,636
Jan 2003	0	1,297	30.31	5.58	$7,240
Dec 2002	0	1,180	26.91	4.85	$5,727
Nov 2002	42	946	24.66	4.14	$4,949
Oct 2002	0	1,062	26.46	4.23	$4,491
Sep 2002	0	687	27.44	3.64	$2,497
Aug 2002	0	428	25.96	3.16	$1,354
Jul 2002	0	782	24.58	3.06	$2,394
Jun 2002	54	793	23.73	3.34	$3,929
May 2002	0	1,099	24.66	3.58	$3,939
Apr 2002	0	547	23.65	3.51	$1,921
Mar 2002	0	992	22.00	3.10	$3,078
Feb 2002	0	990	18.22	2.38	$2,352
Jan 2002	20	958	17.17	2.38	$2,619
Dec 2001	0	1,268	16.93	2.36	$2,998
Nov 2001	0	1,083	18.07	2.41	$2,605
Oct 2001	0	1,225	19.78	2.53	$3,098
Sep 2001	0	841	24.26	2.25	$1,893
Aug 2001	0	875	24.87	3.05	$2,672
Jul 2001	0	839	23.93	3.20	$2,682
Jun 2001	0	898	24.56	3.82	$3,434
May 2001	0	1,046	25.52	4.31	$4,505
Apr 2001	58	696	24.68	5.34	$5,145
Mar 2001	0	844	24.54	5.38	$4,538
Feb 2001	0	519	27.75	5.77	$2,993
Jan 2001	35	1,072	27.47	8.40	$9,965
Dec 2000	0	827	26.88	9.12	$7,544
Nov 2000	0	929	32.21	5.66	$5,256
Oct 2000	0	851	31.23	5.15	$4,379
Sep 2000	0	727	31.87	5.19	$3,771
Aug 2000	0	728	29.64	4.54	$3,306
Jul 2000	0	511	28.53	4.09	$2,090
Jun 2000	0	584	29.30	4.40	$2,568
May 2000	0	652	27.26	3.68	$2,399
Apr 2000	0	379	24.51	3.12	$1,181
Mar 2000	0	334	28.42	2.86	$955
Feb 2000	0	198	27.62	2.73	$540
Jan 2000	0	173	25.27	2.48	$429
Dec 1999	0	155	24.28	2.42	$376
Nov 1999	0	674	23.19	2.43	$1,641
Oct 1999	0	161	20.98	2.80	$451
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	12	17.89	2.37	$28
Jun 1999	0	16	15.94	2.36	$38
May 1999	0	29	15.79	2.32	$67
Apr 1999	0	31	15.10	2.21	$68
Mar 1999	0	34	12.47	1.84	$63
Feb 1999	0	25	9.98	1.82	$45
Jan 1999	0	43	10.38	1.90	$82
Dec 1998	0	42	9.20	1.77	$74
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	0	12.42	1.97	$0
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	0	16.32	2.41	$0
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	0	0	19.25	3.15	$0
Sep 1997	0	0	17.74	2.95	$0
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	7	18	17.24	2.26	$161
May 1997	0	15	18.97	2.31	$35
Apr 1997	0	0	17.88	2.08	$0
Mar 1997	0	0	18.95	1.94	$0
Feb 1997	0	0	20.49	2.21	$0
Jan 1997	0	113	23.48	3.54	$400
Dec 1996	0	203	23.32	—	$0
Nov 1996	0	228	21.97	—	$0
Oct 1996	0	93	23.31	—	$0
Sep 1996	0	203	22.22	—	$0
Aug 1996	0	745	20.26	—	$0
Jul 1996	0	555	19.55	—	$0
Jun 1996	0	101	18.73	—	$0
May 1996	10	326	19.43	—	$194
Apr 1996	0	343	21.51	—	$0
Mar 1996	0	302	19.38	—	$0
Feb 1996	0	251	16.98	—	$0
Jan 1996	16	403	17.07	—	$273
Dec 1995	0	336	17.19	—	$0
Nov 1995	0	310	16.00	—	$0
Oct 1995	0	205	15.43	—	$0
Sep 1995	0	471	16.18	—	$0
Aug 1995	0	484	15.92	—	$0
Jul 1995	0	931	15.24	—	$0
Jun 1995	15	579	16.41	—	$246
May 1995	0	489	17.56	—	$0
Apr 1995	0	244	17.73	—	$0
Mar 1995	0	303	16.44	—	$0
Feb 1995	0	398	16.58	—	$0
Jan 1995	0	633	15.92	—	$0
Dec 1994	157	465	15.03	—	$2,360
Nov 1994	0	303	15.90	—	$0
Oct 1994	0	318	15.58	—	$0
Sep 1994	0	454	15.29	—	$0
Aug 1994	0	465	16.13	—	$0
Jul 1994	0	468	17.56	—	$0
Jun 1994	0	482	17.09	—	$0
May 1994	0	539	15.88	—	$0
Apr 1994	0	574	14.14	—	$0
Mar 1994	0	425	12.46	—	$0
Feb 1994	0	402	12.50	—	$0
Jan 1994	0	437	12.66	—	$0
Dec 1993	0	248	12.33	—	$0
Nov 1993	0	321	14.49	—	$0
Oct 1993	0	329	15.85	—	$0
Sep 1993	0	269	15.03	—	$0
Aug 1993	0	326	15.66	—	$0
Jul 1993	0	1,783	15.46	—	$0
Jun 1993	0	1,931	16.79	—	$0
May 1993	0	5,371	17.68	—	$0
Apr 1993	0	5,332	18.05	—	$0
Mar 1993	0	4,577	18.14	—	$0
Feb 1993	0	4,092	17.90	—	$0
Jan 1993	0	2,466	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.

Dec 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 57.27 =         $0
Gas                  130 Mcf  × $  2.92 =       $380

────────────────────────────────────────────────────
Month total                                     $380

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. 09/G/105005 is the state's own key, not one this site invented.