PEAVY-CULLERS

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

Operated by RAY HERRING OPERATING CO., LLC (P-5 695232) in the JACK COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21486District 09Field 45274001NGPA filingOilCasinghead gasSave Export

Value, all time

$268 k

Jan 1993 – Mar 2024

Value, last 12 filed months

$570

at the published price for each month

Months reported

375

no gaps in the span

Streams

oil, casinghead gas

The JACK COUNTY REGULAR 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 1,235 leases and 3,090 wells, and the rule below applies to all of them.

Discovered

1915-12-31

as the register files it

Field class

Oil and 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: “49B DAILY RATE= 76 MCF”

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	4,896 bbl	$202,528
Casinghead gas	Production	24,785 Mcf	$65,154
Total			$267,683

10,805 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 (2)

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 33.0981, -98.3642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

33.09808, -98.36423 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

4,221 ft

2 wells filed one

Completion to plug

30.3 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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

Between 3,425 and 5,017 ft, median 4,221 ft, over the 2 wells that filed a depth.

Completions filed

Aug 1981 – Nov 1991

2 of 2 wells

Plug dates filed

Jan 2017 – Feb 2017

2 of 2 wells

Last completion to plug: a median of 30.3 years across the 2 wells that filed both dates, with the middle half between 27.8 years and 32.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-23737885	2	3,425 ft	Nov 1991	Jan 2017	Yes
42-23733363	1	5,017 ft	Aug 1981	Feb 2017	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 (375)

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

375 months


Mar 2024	0	0	80.30	1.55	$0
Feb 2024	0	0	76.09	1.78	$0
Jan 2024	0	0	73.02	3.30	$0
Dec 2023	8	0	71.26	2.61	$570
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
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	0	57.27	2.92	$0
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	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	157	0	41.62	2.92	$6,534
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	166	0	48.15	2.95	$7,993
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	163	0	96.56	4.18	$15,739
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	160	0	97.40	6.19	$15,584
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	158	0	104.25	3.52	$16,472
Jul 2013	1	0	102.52	3.72	$103
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	174	0	91.60	3.42	$15,938
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	70	0	78.10	3.51	$5,467
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	1	0	71.44	5.48	$71
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	15	72.54	4.11	$62
Sep 2009	0	51	65.54	3.06	$156
Aug 2009	0	77	67.42	3.22	$248
Jul 2009	0	77	61.13	3.46	$267
Jun 2009	0	71	66.16	3.90	$277
May 2009	0	51	54.74	3.93	$200
Apr 2009	0	25	46.77	3.59	$90
Mar 2009	0	46	42.14	4.06	$187
Feb 2009	0	60	32.81	4.63	$278
Jan 2009	0	46	35.86	5.37	$247
Dec 2008	0	30	37.10	5.98	$179
Nov 2008	0	17	55.49	6.86	$117
Oct 2008	0	60	75.24	6.92	$415
Sep 2008	0	68	101.76	7.88	$536
Aug 2008	0	21	114.22	8.48	$178
Jul 2008	169	60	131.08	11.39	$22,836
Jun 2008	1	35	131.33	13.03	$587
May 2008	1	50	123.17	11.57	$702
Apr 2008	1	52	110.31	10.45	$654
Mar 2008	3	68	101.90	9.66	$963
Feb 2008	0	79	92.53	8.77	$693
Jan 2008	1	95	90.38	8.21	$870
Dec 2007	0	97	88.33	7.30	$708
Nov 2007	1	75	91.67	7.29	$639
Oct 2007	0	77	82.85	6.92	$533
Sep 2007	2	77	75.84	6.24	$632
Aug 2007	2	75	69.06	6.39	$617
Jul 2007	1	84	70.90	6.39	$607
Jun 2007	156	73	62.00	7.55	$10,223
May 2007	1	76	58.74	7.85	$655
Apr 2007	0	73	59.61	7.81	$570
Mar 2007	2	91	56.92	7.30	$778
Feb 2007	0	96	55.10	8.22	$789
Jan 2007	3	119	50.30	6.73	$951
Dec 2006	1	87	56.65	6.92	$659
Nov 2006	1	41	54.20	7.62	$367
Oct 2006	0	72	54.90	6.01	$433
Sep 2006	0	76	60.08	5.04	$383
Aug 2006	0	79	68.71	7.34	$580
Jul 2006	167	76	69.37	6.34	$12,067
Jun 2006	0	53	66.28	6.38	$338
May 2006	2	101	66.01	6.42	$781
Apr 2006	0	101	64.39	7.36	$743
Mar 2006	0	93	56.70	7.08	$659
Feb 2006	0	63	57.59	7.75	$488
Jan 2006	0	98	60.59	8.93	$875
Dec 2005	0	86	54.94	13.42	$1,154
Nov 2005	0	92	54.69	10.59	$974
Oct 2005	0	79	58.34	13.80	$1,090
Sep 2005	0	57	61.45	12.08	$689
Aug 2005	1	0	61.51	9.80	$62
Jul 2005	1	41	55.69	7.84	$377
Jun 2005	170	67	52.33	7.38	$9,391
May 2005	0	99	45.22	6.65	$658
Apr 2005	0	84	49.20	7.36	$618
Mar 2005	0	70	50.37	7.15	$501
Feb 2005	0	92	45.22	6.31	$581
Jan 2005	0	82	43.16	6.32	$518
Dec 2004	1	78	39.86	6.75	$566
Nov 2004	0	105	45.28	6.33	$665
Oct 2004	0	103	49.70	6.52	$671
Sep 2004	0	55	43.24	5.28	$291
Aug 2004	0	103	42.37	5.55	$572
Jul 2004	0	101	38.28	6.08	$615
Jun 2004	174	87	36.10	6.43	$6,841
May 2004	0	96	37.48	6.49	$623
Apr 2004	0	91	34.47	5.86	$533
Mar 2004	4	93	34.36	5.53	$652
Feb 2004	0	103	32.45	5.51	$567
Jan 2004	0	102	32.03	6.30	$643
Dec 2003	0	93	30.26	6.30	$586
Nov 2003	0	77	28.80	4.60	$354
Oct 2003	1	83	28.17	4.76	$423
Sep 2003	0	89	26.31	4.75	$423
Aug 2003	1	75	29.76	5.13	$414
Jul 2003	159	70	29.41	5.17	$5,038
Jun 2003	2	78	28.56	5.98	$524
May 2003	0	65	26.59	5.97	$388
Apr 2003	0	72	26.67	5.41	$389
Mar 2003	1	84	31.14	6.10	$543
Feb 2003	1	75	33.48	7.93	$628
Jan 2003	0	95	30.31	5.58	$530
Dec 2002	0	83	26.91	4.85	$403
Nov 2002	0	95	24.66	4.14	$393
Oct 2002	0	76	26.46	4.23	$321
Sep 2002	175	77	27.44	3.64	$5,082
Aug 2002	0	87	25.96	3.16	$275
Jul 2002	0	109	24.58	3.06	$334
Jun 2002	0	104	23.73	3.34	$347
May 2002	0	89	24.66	3.58	$319
Apr 2002	0	83	23.65	3.51	$292
Mar 2002	0	74	22.00	3.10	$230
Feb 2002	0	82	18.22	2.38	$195
Jan 2002	0	85	17.17	2.38	$202
Dec 2001	0	107	16.93	2.36	$253
Nov 2001	0	78	18.07	2.41	$188
Oct 2001	0	146	19.78	2.53	$369
Sep 2001	157	97	24.26	2.25	$4,027
Aug 2001	0	97	24.87	3.05	$296
Jul 2001	0	96	23.93	3.20	$307
Jun 2001	1	83	24.56	3.82	$342
May 2001	0	72	25.52	4.31	$310
Apr 2001	0	75	24.68	5.34	$400
Mar 2001	0	69	24.54	5.38	$371
Feb 2001	174	89	27.75	5.77	$5,342
Jan 2001	0	96	27.47	8.40	$806
Dec 2000	0	51	26.88	9.12	$465
Nov 2000	0	85	32.21	5.66	$481
Oct 2000	0	79	31.23	5.15	$406
Sep 2000	0	67	31.87	5.19	$348
Aug 2000	0	155	29.64	4.54	$704
Jul 2000	0	136	28.53	4.09	$556
Jun 2000	0	125	29.30	4.40	$550
May 2000	0	109	27.26	3.68	$401
Apr 2000	153	100	24.51	3.12	$4,062
Mar 2000	0	105	28.42	2.86	$300
Feb 2000	0	75	27.62	2.73	$204
Jan 2000	0	103	25.27	2.48	$255
Dec 1999	0	114	24.28	2.42	$276
Nov 1999	0	59	23.19	2.43	$144
Oct 1999	0	72	20.98	2.80	$202
Sep 1999	0	41	21.75	2.62	$107
Aug 1999	0	70	19.26	2.88	$201
Jul 1999	0	66	17.89	2.37	$157
Jun 1999	0	71	15.94	2.36	$168
May 1999	166	72	15.79	2.32	$2,788
Apr 1999	0	73	15.10	2.21	$161
Mar 1999	0	59	12.47	1.84	$108
Feb 1999	0	59	9.98	1.82	$107
Jan 1999	0	130	10.38	1.90	$247
Dec 1998	0	121	9.20	1.77	$215
Nov 1998	0	114	10.89	2.19	$249
Oct 1998	0	142	12.42	1.97	$280
Sep 1998	0	115	12.59	2.08	$240
Aug 1998	163	140	11.30	1.91	$2,109
Jul 1998	0	141	11.74	2.24	$315
Jun 1998	0	164	11.24	2.24	$367
May 1998	0	190	12.62	2.21	$419
Apr 1998	0	209	13.04	2.51	$524
Mar 1998	0	175	12.80	2.31	$404
Feb 1998	0	168	13.95	2.30	$386
Jan 1998	153	160	14.70	2.15	$2,594
Dec 1997	0	145	16.32	2.41	$350
Nov 1997	0	106	18.19	3.09	$327
Oct 1997	0	140	19.25	3.15	$441
Sep 1997	0	172	17.74	2.95	$508
Aug 1997	2	142	17.86	2.55	$398
Jul 1997	0	202	17.58	2.25	$454
Jun 1997	163	150	17.24	2.26	$3,149
May 1997	0	181	18.97	2.31	$418
Apr 1997	0	180	17.88	2.08	$375
Mar 1997	0	158	18.95	1.94	$306
Feb 1997	0	148	20.49	2.21	$326
Jan 1997	0	163	23.48	3.54	$577
Dec 1996	0	141	23.32	—	$0
Nov 1996	179	157	21.97	—	$3,933
Oct 1996	0	164	23.31	—	$0
Sep 1996	0	152	22.22	—	$0
Aug 1996	0	158	20.26	—	$0
Jul 1996	0	168	19.55	—	$0
Jun 1996	0	154	18.73	—	$0
May 1996	0	177	19.43	—	$0
Apr 1996	163	182	21.51	—	$3,506
Mar 1996	0	248	19.38	—	$0
Feb 1996	0	140	16.98	—	$0
Jan 1996	0	168	17.07	—	$0
Dec 1995	0	172	17.19	—	$0
Nov 1995	0	163	16.00	—	$0
Oct 1995	0	179	15.43	—	$0
Sep 1995	0	168	16.18	—	$0
Aug 1995	167	166	15.92	—	$2,659
Jul 1995	0	186	15.24	—	$0
Jun 1995	0	172	16.41	—	$0
May 1995	0	189	17.56	—	$0
Apr 1995	0	176	17.73	—	$0
Mar 1995	0	155	16.44	—	$0
Feb 1995	2	161	16.58	—	$33
Jan 1995	159	184	15.92	—	$2,531
Dec 1994	0	251	15.03	—	$0
Nov 1994	0	273	15.90	—	$0
Oct 1994	0	284	15.58	—	$0
Sep 1994	0	227	15.29	—	$0
Aug 1994	160	286	16.13	—	$2,581
Jul 1994	0	242	17.56	—	$0
Jun 1994	0	302	17.09	—	$0
May 1994	0	294	15.88	—	$0
Apr 1994	2	299	14.14	—	$28
Mar 1994	0	307	12.46	—	$0
Feb 1994	169	250	12.50	—	$2,113
Jan 1994	1	272	12.66	—	$13
Dec 1993	0	246	12.33	—	$0
Nov 1993	0	266	14.49	—	$0
Oct 1993	169	312	15.85	—	$2,679
Sep 1993	0	295	15.03	—	$0
Aug 1993	0	323	15.66	—	$0
Jul 1993	0	304	15.46	—	$0
Jun 1993	0	252	16.79	—	$0
May 1993	163	258	17.68	—	$2,882
Apr 1993	1	275	18.05	—	$18
Mar 1993	0	282	18.14	—	$0
Feb 1993	0	297	17.90	—	$0
Jan 1993	165	328	16.93	—	$2,793

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 2023 — as filed, then multipliedworked

Oil                    8 bbl  × $ 71.26 =       $570
Casinghead gas         0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                     $570

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/O/21486 is the state's own key, not one this site invented.