AKERS

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

Operated by MEWBOURNE OIL COMPANY (P-5 562560) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138964District 10Field 538692702 tax incentive programmesCondensateGasSave Export

Value, all time

$2.5 M

Jan 1993 – Mar 2021

Value, last 12 filed months

at the published price for each month

Months reported

339

no gaps in the span

Streams

condensate, gas

The LIPSCOMB (CLEVELAND) 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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered

1958-05-24

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 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: “FIELD”

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
High Cost Gas	1	1	1991-10-02	123825
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	13,900 bbl	$479,575
Gas	Production	578,630 Mcf	$2,015,413
Total			$2,494,989

154,081 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 36.3228, -100.0733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.32284, -100.07326 · 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

7,825 ft

1 wells filed one

Completion to plug

29.7 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 7,825 ft.

Completions filed

Jul 1991

1 of 1 wells

Plug dates filed

Mar 2021

1 of 1 wells

Last completion to plug: a median of 29.7 years across the 1 well that filed both dates, with the middle half between 29.7 years and 29.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29531942	3	7,825 ft	Jul 1991	Mar 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 (339)

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

339 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	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	80	61.78	2.77	$221
Jan 2018	0	295	62.87	4.01	$1,183
Dec 2017	0	273	57.27	2.92	$798
Nov 2017	0	308	55.42	3.12	$960
Oct 2017	0	230	49.29	2.98	$686
Sep 2017	177	226	47.52	3.09	$9,109
Aug 2017	0	279	45.37	3.00	$838
Jul 2017	0	342	43.87	3.09	$1,056
Jun 2017	0	255	42.49	3.09	$787
May 2017	0	165	45.37	3.26	$538
Apr 2017	0	215	47.93	3.21	$690
Mar 2017	0	400	46.77	2.98	$1,193
Feb 2017	0	57	50.45	2.95	$168
Jan 2017	0	16	49.41	3.42	$55
Dec 2016	0	156	48.76	3.72	$581
Nov 2016	0	321	42.49	2.64	$849
Oct 2016	0	332	46.19	3.09	$1,026
Sep 2016	0	322	41.55	3.10	$998
Aug 2016	0	327	41.44	2.92	$956
Jul 2016	0	317	41.62	2.92	$927
Jun 2016	0	320	45.35	2.69	$859
May 2016	0	305	42.52	1.99	$607
Apr 2016	0	149	36.56	1.99	$297
Mar 2016	0	323	33.01	1.79	$579
Feb 2016	0	241	26.47	2.06	$497
Jan 2016	0	260	27.35	2.36	$615
Dec 2015	0	286	32.36	2.00	$572
Nov 2015	0	295	38.79	2.17	$639
Oct 2015	0	386	43.55	2.43	$937
Sep 2015	0	362	42.99	2.76	$999
Aug 2015	0	351	40.16	2.87	$1,008
Jul 2015	0	346	48.15	2.95	$1,019
Jun 2015	0	397	56.15	2.88	$1,145
May 2015	0	339	55.21	2.96	$1,002
Apr 2015	0	369	49.82	2.71	$999
Mar 2015	0	368	42.89	2.93	$1,080
Feb 2015	0	364	44.66	2.98	$1,083
Jan 2015	0	407	43.43	3.10	$1,262
Dec 2014	0	363	54.69	3.59	$1,304
Nov 2014	0	337	70.46	4.25	$1,433
Oct 2014	0	352	78.30	3.90	$1,373
Sep 2014	0	390	86.16	4.05	$1,578
Aug 2014	0	450	89.39	4.04	$1,816
Jul 2014	0	300	96.56	4.18	$1,254
Jun 2014	0	422	98.16	4.74	$1,999
May 2014	0	470	94.73	4.73	$2,221
Apr 2014	177	467	95.94	4.81	$19,227
Mar 2014	0	485	95.89	5.06	$2,453
Feb 2014	0	415	97.40	6.19	$2,570
Jan 2014	0	475	90.40	4.86	$2,309
Dec 2013	0	495	91.82	4.35	$2,155
Nov 2013	0	425	88.85	3.74	$1,589
Oct 2013	0	520	97.42	3.78	$1,965
Sep 2013	0	541	104.11	3.72	$2,011
Aug 2013	0	512	104.25	3.52	$1,804
Jul 2013	0	564	102.52	3.72	$2,097
Jun 2013	0	508	94.40	3.93	$1,998
May 2013	0	550	94.83	4.15	$2,282
Apr 2013	0	565	93.96	4.28	$2,420
Mar 2013	0	584	93.62	3.91	$2,285
Feb 2013	0	571	91.23	3.42	$1,953
Jan 2013	0	573	91.60	3.42	$1,960
Dec 2012	0	395	86.77	3.42	$1,351
Nov 2012	0	640	86.95	3.62	$2,320
Oct 2012	0	570	89.38	3.40	$1,938
Sep 2012	189	641	94.67	2.92	$19,763
Aug 2012	0	697	92.66	2.91	$2,027
Jul 2012	0	581	85.13	3.02	$1,755
Jun 2012	0	665	79.82	2.52	$1,675
May 2012	0	742	91.61	2.49	$1,846
Apr 2012	0	757	101.65	2.00	$1,512
Mar 2012	0	629	105.05	2.22	$1,398
Feb 2012	0	615	101.10	2.57	$1,581
Jan 2012	0	666	98.09	2.73	$1,821
Dec 2011	0	661	96.87	3.24	$2,141
Nov 2011	0	769	95.72	3.31	$2,546
Oct 2011	0	700	84.98	3.65	$2,554
Sep 2011	0	515	83.62	3.99	$2,053
Aug 2011	0	599	83.40	4.15	$2,485
Jul 2011	0	733	94.14	4.52	$3,311
Jun 2011	0	654	92.90	4.64	$3,034
May 2011	189	430	98.13	4.40	$20,441
Apr 2011	0	417	105.96	4.33	$1,807
Mar 2011	0	1,898	96.36	4.06	$7,701
Feb 2011	0	1,337	85.64	4.18	$5,589
Jan 2011	0	1,806	86.50	4.59	$8,287
Dec 2010	0	1,820	85.73	4.35	$7,913
Nov 2010	0	1,890	80.84	3.80	$7,173
Oct 2010	188	1,845	78.10	3.51	$21,157
Sep 2010	0	1,875	72.63	3.98	$7,462
Aug 2010	0	1,824	73.68	4.42	$8,061
Jul 2010	0	1,992	72.55	4.74	$9,435
Jun 2010	186	1,866	70.36	4.91	$22,250
May 2010	0	2,041	71.12	4.24	$8,644
Apr 2010	0	1,752	81.69	4.12	$7,223
Mar 2010	0	1,886	78.39	4.39	$8,277
Feb 2010	184	1,898	73.58	5.44	$23,868
Jan 2010	0	1,852	74.36	5.96	$11,045
Dec 2009	0	1,292	71.44	5.48	$7,085
Nov 2009	0	1,900	74.59	3.75	$7,128
Oct 2009	0	1,966	72.54	4.11	$8,081
Sep 2009	0	1,900	65.54	3.06	$5,823
Aug 2009	189	1,957	67.42	3.22	$19,041
Jul 2009	0	1,952	61.13	3.46	$6,763
Jun 2009	0	1,831	66.16	3.90	$7,132
May 2009	0	1,958	54.74	3.93	$7,687
Apr 2009	187	1,870	46.77	3.59	$15,455
Mar 2009	0	1,946	42.14	4.06	$7,899
Feb 2009	0	1,940	32.81	4.63	$8,988
Jan 2009	190	1,847	35.86	5.37	$16,734
Dec 2008	0	1,878	37.10	5.98	$11,225
Nov 2008	0	1,320	55.49	6.86	$9,056
Oct 2008	0	2,013	75.24	6.92	$13,934
Sep 2008	192	2,029	101.76	7.88	$35,521
Aug 2008	0	1,859	114.22	8.48	$15,770
Jul 2008	0	2,111	131.08	11.39	$24,043
Jun 2008	0	1,954	131.33	13.03	$25,466
May 2008	181	1,981	123.17	11.57	$45,222
Apr 2008	0	2,030	110.31	10.45	$21,223
Mar 2008	0	2,091	101.90	9.66	$20,208
Feb 2008	190	1,653	92.53	8.77	$32,078
Jan 2008	0	2,069	90.38	8.21	$16,978
Dec 2007	0	1,895	88.33	7.30	$13,837
Nov 2007	0	1,831	91.67	7.29	$13,351
Oct 2007	181	2,055	82.85	6.92	$29,221
Sep 2007	0	1,951	75.84	6.24	$12,182
Aug 2007	0	1,946	69.06	6.39	$12,431
Jul 2007	0	2,102	70.90	6.39	$13,427
Jun 2007	176	2,026	62.00	7.55	$26,205
May 2007	0	2,087	58.74	7.85	$16,375
Apr 2007	0	2,044	59.61	7.81	$15,954
Mar 2007	177	1,960	56.92	7.30	$24,387
Feb 2007	0	1,727	55.10	8.22	$14,189
Jan 2007	0	2,021	50.30	6.73	$13,595
Dec 2006	0	1,898	56.65	6.92	$13,131
Nov 2006	0	1,577	54.20	7.62	$12,013
Oct 2006	0	1,830	54.90	6.01	$11,005
Sep 2006	190	1,911	60.08	5.04	$21,041
Aug 2006	0	1,735	68.71	7.34	$12,735
Jul 2006	0	1,909	69.37	6.34	$12,108
Jun 2006	0	1,845	66.28	6.38	$11,778
May 2006	182	1,790	66.01	6.42	$23,515
Apr 2006	0	2,047	64.39	7.36	$15,067
Mar 2006	0	2,140	56.70	7.08	$15,157
Feb 2006	0	1,984	57.59	7.75	$15,378
Jan 2006	0	2,226	60.59	8.93	$19,886
Dec 2005	182	1,891	54.94	13.42	$35,368
Nov 2005	0	1,979	54.69	10.59	$20,954
Oct 2005	0	2,000	58.34	13.80	$27,592
Sep 2005	161	2,087	61.45	12.08	$35,102
Aug 2005	0	2,129	61.51	9.80	$20,857
Jul 2005	0	1,993	55.69	7.84	$15,632
Jun 2005	0	2,002	52.33	7.38	$14,777
May 2005	169	2,240	45.22	6.65	$22,541
Apr 2005	0	2,028	49.20	7.36	$14,927
Mar 2005	0	2,473	50.37	7.15	$17,694
Feb 2005	0	1,893	45.22	6.31	$11,948
Jan 2005	184	2,244	43.16	6.32	$22,128
Dec 2004	0	2,567	39.86	6.75	$17,330
Nov 2004	0	2,346	45.28	6.33	$14,851
Oct 2004	0	2,525	49.70	6.52	$16,451
Sep 2004	0	2,300	43.24	5.28	$12,153
Aug 2004	179	2,264	42.37	5.55	$20,151
Jul 2004	0	2,243	38.28	6.08	$13,647
Jun 2004	0	2,295	36.10	6.43	$14,764
May 2004	184	2,415	37.48	6.49	$22,581
Apr 2004	0	2,260	34.47	5.86	$13,240
Mar 2004	0	2,052	34.36	5.53	$11,348
Feb 2004	175	2,049	32.45	5.51	$16,968
Jan 2004	0	2,350	32.03	6.30	$14,804
Dec 2003	0	1,968	30.26	6.30	$12,402
Nov 2003	0	1,988	28.80	4.60	$9,135
Oct 2003	0	2,390	28.17	4.76	$11,376
Sep 2003	181	2,048	26.31	4.75	$14,489
Aug 2003	0	2,025	29.76	5.13	$10,388
Jul 2003	0	2,246	29.41	5.17	$11,614
Jun 2003	0	2,625	28.56	5.98	$15,705
May 2003	181	2,869	26.59	5.97	$21,948
Apr 2003	0	2,762	26.67	5.41	$14,935
Mar 2003	0	2,726	31.14	6.10	$16,618
Feb 2003	0	2,275	33.48	7.93	$18,031
Jan 2003	182	2,765	30.31	5.58	$20,951
Dec 2002	0	3,238	26.91	4.85	$15,716
Nov 2002	0	2,075	24.66	4.14	$8,584
Oct 2002	189	2,752	26.46	4.23	$16,639
Sep 2002	0	2,492	27.44	3.64	$9,059
Aug 2002	0	2,741	25.96	3.16	$8,673
Jul 2002	0	2,728	24.58	3.06	$8,352
Jun 2002	178	2,378	23.73	3.34	$12,162
May 2002	0	2,192	24.66	3.58	$7,856
Apr 2002	0	2,355	23.65	3.51	$8,272
Mar 2002	0	2,693	22.00	3.10	$8,356
Feb 2002	0	1,947	18.22	2.38	$4,625
Jan 2002	182	2,730	17.17	2.38	$9,611
Dec 2001	0	2,885	16.93	2.36	$6,821
Nov 2001	0	2,794	18.07	2.41	$6,721
Oct 2001	0	2,693	19.78	2.53	$6,810
Sep 2001	179	3,258	24.26	2.25	$11,677
Aug 2001	0	2,997	24.87	3.05	$9,150
Jul 2001	0	3,027	23.93	3.20	$9,678
Jun 2001	0	3,126	24.56	3.82	$11,954
May 2001	0	3,084	25.52	4.31	$13,284
Apr 2001	186	2,150	24.68	5.34	$16,061
Mar 2001	0	2,536	24.54	5.38	$13,635
Feb 2001	0	2,448	27.75	5.77	$14,118
Jan 2001	186	1,773	27.47	8.40	$20,000
Dec 2000	0	2,390	26.88	9.12	$21,803
Nov 2000	0	2,128	32.21	5.66	$12,040
Oct 2000	0	2,448	31.23	5.15	$12,596
Sep 2000	0	2,549	31.87	5.19	$13,220
Aug 2000	185	3,132	29.64	4.54	$19,705
Jul 2000	0	3,193	28.53	4.09	$13,059
Jun 2000	0	2,356	29.30	4.40	$10,360
May 2000	0	2,376	27.26	3.68	$8,743
Apr 2000	192	2,190	24.51	3.12	$11,530
Mar 2000	0	2,379	28.42	2.86	$6,803
Feb 2000	0	2,217	27.62	2.73	$6,045
Jan 2000	0	2,575	25.27	2.48	$6,387
Dec 1999	187	2,362	24.28	2.42	$10,265
Nov 1999	0	2,348	23.19	2.43	$5,715
Oct 1999	0	2,519	20.98	2.80	$7,063
Sep 1999	0	2,753	21.75	2.62	$7,210
Aug 1999	0	2,899	19.26	2.88	$8,336
Jul 1999	186	3,113	17.89	2.37	$10,713
Jun 1999	0	3,910	15.94	2.36	$9,236
May 1999	0	3,053	15.79	2.32	$7,086
Apr 1999	178	921	15.10	2.21	$4,721
Mar 1999	0	2,928	12.47	1.84	$5,383
Feb 1999	0	2,510	9.98	1.82	$4,563
Jan 1999	0	2,806	10.38	1.90	$5,331
Dec 1998	185	2,822	9.20	1.77	$6,706
Nov 1998	0	3,384	10.89	2.19	$7,396
Oct 1998	190	3,289	12.42	1.97	$8,837
Sep 1998	0	3,541	12.59	2.08	$7,375
Aug 1998	183	2,147	11.30	1.91	$6,163
Jul 1998	0	2,240	11.74	2.24	$5,011
Jun 1998	0	2,265	11.24	2.24	$5,067
May 1998	187	2,471	12.62	2.21	$7,812
Apr 1998	0	2,271	13.04	2.51	$5,690
Mar 1998	0	2,494	12.80	2.31	$5,760
Feb 1998	185	2,248	13.95	2.30	$7,749
Jan 1998	0	2,491	14.70	2.15	$5,368
Dec 1997	0	2,656	16.32	2.41	$6,404
Nov 1997	189	2,648	18.19	3.09	$11,616
Oct 1997	0	2,774	19.25	3.15	$8,738
Sep 1997	0	2,703	17.74	2.95	$7,987
Aug 1997	192	2,715	17.86	2.55	$10,365
Jul 1997	0	2,637	17.58	2.25	$5,925
Jun 1997	0	2,899	17.24	2.26	$6,544
May 1997	189	2,692	18.97	2.31	$9,800
Apr 1997	0	2,299	17.88	2.08	$4,788
Mar 1997	0	2,629	18.95	1.94	$5,098
Feb 1997	191	2,393	20.49	2.21	$9,192
Jan 1997	0	2,722	23.48	3.54	$9,635
Dec 1996	192	2,975	23.32	—	$4,477
Nov 1996	0	2,732	21.97	—	$0
Oct 1996	0	2,729	23.31	—	$0
Sep 1996	192	2,612	22.22	—	$4,266
Aug 1996	0	2,788	20.26	—	$0
Jul 1996	182	3,050	19.55	—	$3,558
Jun 1996	0	2,821	18.73	—	$0
May 1996	180	2,857	19.43	—	$3,497
Apr 1996	0	2,878	21.51	—	$0
Mar 1996	178	2,737	19.38	—	$3,450
Feb 1996	0	2,525	16.98	—	$0
Jan 1996	178	2,873	17.07	—	$3,038
Dec 1995	183	2,900	17.19	—	$3,146
Nov 1995	0	3,548	16.00	—	$0
Oct 1995	183	2,715	15.43	—	$2,824
Sep 1995	0	2,752	16.18	—	$0
Aug 1995	182	3,096	15.92	—	$2,897
Jul 1995	0	2,728	15.24	—	$0
Jun 1995	181	2,888	16.41	—	$2,970
May 1995	179	2,822	17.56	—	$3,143
Apr 1995	0	3,072	17.73	—	$0
Mar 1995	181	2,887	16.44	—	$2,976
Feb 1995	0	2,739	16.58	—	$0
Jan 1995	173	3,165	15.92	—	$2,754
Dec 1994	0	3,334	15.03	—	$0
Nov 1994	172	2,932	15.90	—	$2,735
Oct 1994	179	3,195	15.58	—	$2,789
Sep 1994	0	3,414	15.29	—	$0
Aug 1994	0	2,753	16.13	—	$0
Jul 1994	180	3,358	17.56	—	$3,161
Jun 1994	181	3,016	17.09	—	$3,093
May 1994	0	3,538	15.88	—	$0
Apr 1994	183	3,050	14.14	—	$2,588
Mar 1994	0	3,393	12.46	—	$0
Feb 1994	176	3,431	12.50	—	$2,200
Jan 1994	185	3,014	12.66	—	$2,342
Dec 1993	0	3,983	12.33	—	$0
Nov 1993	183	3,123	14.49	—	$2,652
Oct 1993	183	3,507	15.85	—	$2,901
Sep 1993	0	3,673	15.03	—	$0
Aug 1993	180	3,824	15.66	—	$2,819
Jul 1993	181	4,329	15.46	—	$2,798
Jun 1993	0	3,796	16.79	—	$0
May 1993	183	4,164	17.68	—	$3,235
Apr 1993	179	3,920	18.05	—	$3,231
Mar 1993	183	4,045	18.14	—	$3,320
Feb 1993	0	3,708	17.90	—	$0
Jan 1993	186	4,692	16.93	—	$3,149

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.

Feb 2018 — as filed, then multipliedworked

Condensate             0 bbl  × $ 61.78 =         $0
Gas                   80 Mcf  × $  2.77 =       $221

────────────────────────────────────────────────────
Month total                                     $221

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. 10/G/138964 is the state's own key, not one this site invented.