GRAHAM NATIONAL BANK

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

Operated by ECHO PRODUCTION, INC. (P-5 240125) in the WILEY (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25728District 09Field 97390590Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.2 M

Jan 1993 – Feb 2022

Value, last 12 filed months

at the published price for each month

Months reported

350

no gaps in the span

Streams

oil, casinghead gas

The WILEY (MISS.) 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 15 leases and 16 wells, and the rule below applies to all of them.

Discovered

1985-10-19

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 register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “FIELD EXEMPT EFFECTIVE 9/1/2000”

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	34,621 bbl	$958,033
Casinghead gas	Production	458,101 Mcf	$1,192,113
Total			$2,150,146

212,266 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 33.0190, -98.5757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.01904, -98.57567 · 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

4,500 ft

1 wells filed one

Completion to plug

11.3 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 4,500 ft.

Completions filed

Jun 2014

1 of 1 wells

Plug dates filed

Sep 2025

1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-50338912	2A	4,500 ft	Jun 2014	Sep 2025	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 (350)

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

350 months


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	26	0	30.34	1.86	$789
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	0	0	41.62	2.92	$0
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	191	0	33.01	1.79	$6,305
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	0	0	48.15	2.95	$0
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	169	0	43.43	3.10	$7,340
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	185	63	96.56	4.18	$18,127
Jun 2014	0	18,321	98.16	4.74	$86,784
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	0	224	97.40	6.19	$1,387
Jan 2014	0	483	90.40	4.86	$2,348
Dec 2013	179	444	91.82	4.35	$18,369
Nov 2013	0	578	88.85	3.74	$2,161
Oct 2013	0	147	97.42	3.78	$556
Sep 2013	0	806	104.11	3.72	$2,997
Aug 2013	0	737	104.25	3.52	$2,596
Jul 2013	0	727	102.52	3.72	$2,703
Jun 2013	181	722	94.40	3.93	$19,926
May 2013	0	527	94.83	4.15	$2,187
Apr 2013	0	633	93.96	4.28	$2,711
Mar 2013	0	355	93.62	3.91	$1,389
Feb 2013	182	657	91.23	3.42	$18,851
Jan 2013	0	461	91.60	3.42	$1,577
Dec 2012	0	429	86.77	3.42	$1,467
Nov 2012	0	477	86.95	3.62	$1,729
Oct 2012	188	570	89.38	3.40	$18,741
Sep 2012	0	437	94.67	2.92	$1,275
Aug 2012	0	621	92.66	2.91	$1,806
Jul 2012	0	734	85.13	3.02	$2,217
Jun 2012	0	661	79.82	2.52	$1,665
May 2012	0	735	91.61	2.49	$1,829
Apr 2012	190	701	101.65	2.00	$20,713
Mar 2012	0	716	105.05	2.22	$1,591
Feb 2012	0	626	101.10	2.57	$1,609
Jan 2012	190	992	98.09	2.73	$21,349
Dec 2011	189	697	96.87	3.24	$20,567
Nov 2011	0	650	95.72	3.31	$2,152
Oct 2011	0	846	84.98	3.65	$3,087
Sep 2011	0	828	83.62	3.99	$3,300
Aug 2011	0	535	83.40	4.15	$2,220
Jul 2011	0	931	94.14	4.52	$4,206
Jun 2011	0	638	92.90	4.64	$2,960
May 2011	0	925	98.13	4.40	$4,074
Apr 2011	0	428	105.96	4.33	$1,855
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	183	63	86.50	4.59	$16,119
Dec 2010	0	63	85.73	4.35	$274
Nov 2010	0	63	80.84	3.80	$239
Oct 2010	192	63	78.10	3.51	$15,216
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	732	73.68	4.42	$3,235
Jul 2010	0	823	72.55	4.74	$3,898
Jun 2010	185	659	70.36	4.91	$16,253
May 2010	0	594	71.12	4.24	$2,516
Apr 2010	0	598	81.69	4.12	$2,465
Mar 2010	0	593	78.39	4.39	$2,602
Feb 2010	204	661	73.58	5.44	$18,608
Jan 2010	0	802	74.36	5.96	$4,783
Dec 2009	180	63	71.44	5.48	$13,205
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	859	72.54	4.11	$3,531
Sep 2009	0	570	65.54	3.06	$1,747
Aug 2009	169	0	67.42	3.22	$11,394
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	163	890	42.14	4.06	$10,481
Feb 2009	0	970	32.81	4.63	$4,494
Jan 2009	0	895	35.86	5.37	$4,807
Dec 2008	169	943	37.10	5.98	$11,906
Nov 2008	0	1,071	55.49	6.86	$7,347
Oct 2008	0	1,175	75.24	6.92	$8,133
Sep 2008	177	1,100	101.76	7.88	$26,676
Aug 2008	0	2,111	114.22	8.48	$17,908
Jul 2008	0	830	131.08	11.39	$9,453
Jun 2008	0	926	131.33	13.03	$12,068
May 2008	0	1,059	123.17	11.57	$12,257
Apr 2008	177	1,138	110.31	10.45	$31,423
Mar 2008	0	1,690	101.90	9.66	$16,332
Feb 2008	0	513	92.53	8.77	$4,499
Jan 2008	0	741	90.38	8.21	$6,080
Dec 2007	0	621	88.33	7.30	$4,535
Nov 2007	154	753	91.67	7.29	$19,608
Oct 2007	0	852	82.85	6.92	$5,898
Sep 2007	0	1,114	75.84	6.24	$6,956
Aug 2007	0	1,191	69.06	6.39	$7,608
Jul 2007	0	1,001	70.90	6.39	$6,394
Jun 2007	0	824	62.00	7.55	$6,220
May 2007	0	818	58.74	7.85	$6,418
Apr 2007	0	450	59.61	7.81	$3,512
Mar 2007	188	1,031	56.92	7.30	$18,229
Feb 2007	0	1,028	55.10	8.22	$8,446
Jan 2007	0	1,006	50.30	6.73	$6,767
Dec 2006	169	1,125	56.65	6.92	$17,357
Nov 2006	0	1,165	54.20	7.62	$8,874
Oct 2006	189	1,279	54.90	6.01	$18,068
Sep 2006	0	1,254	60.08	5.04	$6,317
Aug 2006	0	1,526	68.71	7.34	$11,201
Jul 2006	0	1,598	69.37	6.34	$10,136
Jun 2006	0	1,618	66.28	6.38	$10,329
May 2006	190	1,629	66.01	6.42	$23,008
Apr 2006	0	1,395	64.39	7.36	$10,268
Mar 2006	0	1,584	56.70	7.08	$11,219
Feb 2006	0	1,506	57.59	7.75	$11,673
Jan 2006	181	2,014	60.59	8.93	$28,959
Dec 2005	0	1,708	54.94	13.42	$22,914
Nov 2005	0	1,844	54.69	10.59	$19,525
Oct 2005	0	2,443	58.34	13.80	$33,703
Sep 2005	166	2,419	61.45	12.08	$39,420
Aug 2005	0	2,639	61.51	9.80	$25,854
Jul 2005	0	1,073	55.69	7.84	$8,416
Jun 2005	0	821	52.33	7.38	$6,060
May 2005	138	601	45.22	6.65	$10,238
Apr 2005	0	915	49.20	7.36	$6,735
Mar 2005	151	885	50.37	7.15	$13,938
Feb 2005	0	799	45.22	6.31	$5,043
Jan 2005	131	938	43.16	6.32	$11,584
Dec 2004	141	846	39.86	6.75	$11,332
Nov 2004	0	936	45.28	6.33	$5,925
Oct 2004	164	1,062	49.70	6.52	$15,070
Sep 2004	0	1,059	43.24	5.28	$5,596
Aug 2004	114	851	42.37	5.55	$9,554
Jul 2004	0	1,247	38.28	6.08	$7,587
Jun 2004	143	1,220	36.10	6.43	$13,011
May 2004	0	750	37.48	6.49	$4,871
Apr 2004	142	1,145	34.47	5.86	$11,603
Mar 2004	137	1,148	34.36	5.53	$11,056
Feb 2004	139	846	32.45	5.51	$9,172
Jan 2004	155	1,143	32.03	6.30	$12,165
Dec 2003	134	816	30.26	6.30	$9,197
Nov 2003	154	1,044	28.80	4.60	$9,233
Oct 2003	156	1,162	28.17	4.76	$9,925
Sep 2003	0	1,127	26.31	4.75	$5,353
Aug 2003	185	1,256	29.76	5.13	$11,949
Jul 2003	166	934	29.41	5.17	$9,712
Jun 2003	176	1,445	28.56	5.98	$13,672
May 2003	0	1,054	26.59	5.97	$6,295
Apr 2003	172	1,401	26.67	5.41	$12,163
Mar 2003	173	1,432	31.14	6.10	$14,117
Feb 2003	314	1,283	33.48	7.93	$20,682
Jan 2003	189	1,375	30.31	5.58	$13,404
Dec 2002	319	1,472	26.91	4.85	$15,729
Nov 2002	344	1,453	24.66	4.14	$14,494
Oct 2002	184	1,610	26.46	4.23	$11,678
Sep 2002	182	1,104	27.44	3.64	$9,007
Aug 2002	154	63	25.96	3.16	$4,197
Jul 2002	348	1,764	24.58	3.06	$13,955
Jun 2002	169	1,676	23.73	3.34	$9,605
May 2002	161	2,196	24.66	3.58	$11,841
Apr 2002	360	1,590	23.65	3.51	$14,099
Mar 2002	349	2,092	22.00	3.10	$14,169
Feb 2002	186	2,359	18.22	2.38	$8,993
Jan 2002	185	2,114	17.17	2.38	$8,199
Dec 2001	149	792	16.93	2.36	$4,395
Nov 2001	0	888	18.07	2.41	$2,136
Oct 2001	169	939	19.78	2.53	$5,717
Sep 2001	0	544	24.26	2.25	$1,225
Aug 2001	0	829	24.87	3.05	$2,531
Jul 2001	180	1,033	23.93	3.20	$7,610
Jun 2001	0	1,216	24.56	3.82	$4,650
May 2001	178	1,006	25.52	4.31	$8,876
Apr 2001	0	1,055	24.68	5.34	$5,629
Mar 2001	182	1,054	24.54	5.38	$10,133
Feb 2001	0	804	27.75	5.77	$4,637
Jan 2001	185	1,032	27.47	8.40	$13,749
Dec 2000	0	1,203	26.88	9.12	$10,974
Nov 2000	184	1,255	32.21	5.66	$13,027
Oct 2000	179	1,442	31.23	5.15	$13,010
Sep 2000	172	1,482	31.87	5.19	$13,168
Aug 2000	129	1,680	29.64	4.54	$11,452
Jul 2000	147	1,375	28.53	4.09	$9,817
Jun 2000	178	1,316	29.30	4.40	$11,002
May 2000	167	1,696	27.26	3.68	$10,793
Apr 2000	165	1,799	24.51	3.12	$9,650
Mar 2000	168	1,727	28.42	2.86	$9,713
Feb 2000	1	1,048	27.62	2.73	$2,885
Jan 2000	175	1,218	25.27	2.48	$7,444
Dec 1999	184	1,330	24.28	2.42	$7,691
Nov 1999	184	1,286	23.19	2.43	$7,397
Oct 1999	150	1,338	20.98	2.80	$6,898
Sep 1999	183	1,424	21.75	2.62	$7,709
Aug 1999	181	1,663	19.26	2.88	$8,268
Jul 1999	0	1,748	17.89	2.37	$4,147
Jun 1999	331	1,714	15.94	2.36	$9,325
May 1999	0	1,714	15.79	2.32	$3,978
Apr 1999	183	1,955	15.10	2.21	$7,080
Mar 1999	353	1,983	12.47	1.84	$8,047
Feb 1999	187	1,843	9.98	1.82	$5,216
Jan 1999	367	1,998	10.38	1.90	$7,606
Dec 1998	190	1,986	9.20	1.77	$5,270
Nov 1998	181	1,910	10.89	2.19	$6,146
Oct 1998	339	2,459	12.42	1.97	$9,053
Sep 1998	186	2,081	12.59	2.08	$6,676
Aug 1998	183	1,680	11.30	1.91	$5,272
Jul 1998	361	2,146	11.74	2.24	$9,039
Jun 1998	0	2,065	11.24	2.24	$4,620
May 1998	185	1,686	12.62	2.21	$6,055
Apr 1998	173	1,490	13.04	2.51	$5,989
Mar 1998	187	1,710	12.80	2.31	$6,343
Feb 1998	183	1,300	13.95	2.30	$5,542
Jan 1998	186	1,377	14.70	2.15	$5,701
Dec 1997	187	1,332	16.32	2.41	$6,263
Nov 1997	185	2,087	18.19	3.09	$9,810
Oct 1997	0	1,496	19.25	3.15	$4,712
Sep 1997	173	1,613	17.74	2.95	$7,835
Aug 1997	153	1,811	17.86	2.55	$7,359
Jul 1997	183	1,896	17.58	2.25	$7,477
Jun 1997	0	1,644	17.24	2.26	$3,711
May 1997	314	1,916	18.97	2.31	$10,380
Apr 1997	0	1,638	17.88	2.08	$3,412
Mar 1997	184	1,876	18.95	1.94	$7,125
Feb 1997	186	1,707	20.49	2.21	$7,577
Jan 1997	173	1,638	23.48	3.54	$9,860
Dec 1996	183	2,032	23.32	—	$4,268
Nov 1996	164	1,974	21.97	—	$3,603
Oct 1996	169	2,318	23.31	—	$3,939
Sep 1996	170	2,327	22.22	—	$3,777
Aug 1996	153	2,618	20.26	—	$3,100
Jul 1996	153	2,397	19.55	—	$2,991
Jun 1996	153	2,607	18.73	—	$2,866
May 1996	166	2,772	19.43	—	$3,225
Apr 1996	175	2,711	21.51	—	$3,764
Mar 1996	187	2,822	19.38	—	$3,624
Feb 1996	182	2,744	16.98	—	$3,090
Jan 1996	188	2,764	17.07	—	$3,209
Dec 1995	374	2,483	17.19	—	$6,429
Nov 1995	185	3,579	16.00	—	$2,960
Oct 1995	362	3,333	15.43	—	$5,586
Sep 1995	0	3,708	16.18	—	$0
Aug 1995	182	4,343	15.92	—	$2,897
Jul 1995	187	3,473	15.24	—	$2,850
Jun 1995	184	4,289	16.41	—	$3,019
May 1995	300	5,196	17.56	—	$5,268
Apr 1995	361	5,289	17.73	—	$6,401
Mar 1995	180	5,422	16.44	—	$2,959
Feb 1995	368	5,074	16.58	—	$6,101
Jan 1995	372	5,935	15.92	—	$5,922
Dec 1994	344	6,329	15.03	—	$5,170
Nov 1994	378	7,769	15.90	—	$6,010
Oct 1994	365	8,686	15.58	—	$5,687
Sep 1994	368	9,684	15.29	—	$5,627
Aug 1994	365	10,824	16.13	—	$5,887
Jul 1994	568	11,225	17.56	—	$9,974
Jun 1994	383	9,261	17.09	—	$6,545
May 1994	565	10,819	15.88	—	$8,972
Apr 1994	705	10,574	14.14	—	$9,969
Mar 1994	1,093	7,660	12.46	—	$13,619
Feb 1994	371	4,807	12.50	—	$4,638
Jan 1994	388	5,135	12.66	—	$4,912
Dec 1993	560	4,489	12.33	—	$6,905
Nov 1993	4	1,919	14.49	—	$58
Oct 1993	350	3,038	15.85	—	$5,548
Sep 1993	354	3,122	15.03	—	$5,321
Aug 1993	195	2,003	15.66	—	$3,054
Jul 1993	179	3,688	15.46	—	$2,767
Jun 1993	172	3,581	16.79	—	$2,888
May 1993	329	1,749	17.68	—	$5,817
Apr 1993	351	750	18.05	—	$6,336
Mar 1993	175	1,007	18.14	—	$3,175
Feb 1993	332	933	17.90	—	$5,943
Jan 1993	305	1,004	16.93	—	$5,164

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                   26 bbl  × $ 30.34 =       $789
Casinghead gas         0 Mcf  × $  1.86 =         $0

────────────────────────────────────────────────────
Month total                                     $789

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/25728 is the state's own key, not one this site invented.