BIVINS

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

Operated by BURK ROYALTY CO., LTD. (P-5 108799) in the PANHANDLE, WEST (RED CAVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145521District 10Field 68831200Hydrogen sulphide fieldGasSave Export

Value, all time

$680 k

Jan 1993 – May 2026

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

401

no gaps in the span

Streams

gas

The PANHANDLE, WEST (RED CAVE) 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 666 leases and 666 wells, and the rule below applies to all of them.

Discovered

1960-07-15

as the register files it

Field class

Gas

the register's own label

Between wells

660 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-11-19.

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: “THE LOCATION OF PERFORATIONS.”

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
Gas	Production	196,514 Mcf	$680,039
Total			$680,039

37,552 Mcf of this lease's gas, across 44 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 35.5208, -101.6789. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.52078, -101.67887 · 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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

3,400 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

00.0%

A plug date is filed

00.0%

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

00.0%

NeitherNo plug date, and not on the schedule.

1100.0%

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 3,400 ft.

Completions filed

Apr 1993

1 of 1 wells

1 well


42-37500086	A 23R	3,400 ft	Apr 1993	—	—

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 (401)

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

401 months


May 2026	0	106.41	3.05	$0
Apr 2026	334	98.93	2.87	$958
Mar 2026	363	89.75	3.15	$1,143
Feb 2026	313	63.50	3.75	$1,174
Jan 2026	333	59.13	8.00	$2,663
Dec 2025	327	56.66	4.41	$1,443
Nov 2025	338	58.59	3.93	$1,327
Oct 2025	356	59.38	3.30	$1,177
Sep 2025	316	62.74	3.08	$972
Aug 2025	356	63.93	3.01	$1,073
Jul 2025	369	66.74	3.32	$1,223
Jun 2025	362	66.48	3.13	$1,133
May 2025	339	60.55	3.23	$1,096
Apr 2025	261	62.36	3.54	$925
Mar 2025	293	67.70	4.27	$1,251
Feb 2025	219	70.88	4.34	$951
Jan 2025	264	74.32	4.28	$1,130
Dec 2024	304	68.99	3.12	$949
Nov 2024	305	69.05	2.20	$671
Oct 2024	316	71.37	2.28	$721
Sep 2024	293	69.61	2.36	$693
Aug 2024	294	75.63	2.06	$607
Jul 2024	287	79.93	2.15	$616
Jun 2024	266	78.08	2.63	$701
May 2024	214	78.81	2.20	$470
Apr 2024	231	84.45	1.66	$383
Mar 2024	243	80.30	1.55	$375
Feb 2024	219	76.09	1.78	$391
Jan 2024	241	73.02	3.30	$795
Dec 2023	248	71.26	2.61	$647
Nov 2023	293	77.89	2.81	$823
Oct 2023	367	85.44	3.09	$1,133
Sep 2023	372	89.04	2.74	$1,017
Aug 2023	397	80.52	2.67	$1,061
Jul 2023	385	74.85	2.64	$1,017
Jun 2023	284	68.96	2.26	$641
May 2023	263	70.62	2.23	$586
Apr 2023	274	78.12	2.24	$613
Mar 2023	319	72.85	2.39	$763
Feb 2023	291	75.11	2.47	$718
Jan 2023	313	76.53	3.39	$1,060
Dec 2022	331	76.41	5.73	$1,896
Nov 2022	317	85.00	5.65	$1,790
Oct 2022	329	87.18	5.86	$1,929
Sep 2022	327	84.88	8.16	$2,670
Aug 2022	320	94.52	9.13	$2,921
Jul 2022	369	101.58	7.54	$2,783
Jun 2022	368	115.09	7.98	$2,936
May 2022	394	109.37	8.43	$3,323
Apr 2022	361	104.22	6.84	$2,468
Mar 2022	373	108.88	5.08	$1,894
Feb 2022	352	91.05	4.86	$1,710
Jan 2022	402	81.84	4.54	$1,824
Dec 2021	419	71.32	3.90	$1,634
Nov 2021	379	77.43	5.24	$1,985
Oct 2021	384	79.79	5.71	$2,194
Sep 2021	380	69.86	5.35	$2,033
Aug 2021	389	66.02	4.22	$1,642
Jul 2021	385	70.78	3.98	$1,533
Jun 2021	367	69.49	3.38	$1,241
May 2021	386	63.48	3.02	$1,165
Apr 2021	352	60.36	2.76	$971
Mar 2021	437	61.30	2.72	$1,187
Feb 2021	278	57.80	5.55	$1,542
Jan 2021	473	50.41	2.81	$1,329
Dec 2020	440	44.64	2.68	$1,177
Nov 2020	427	38.77	2.71	$1,156
Oct 2020	458	36.97	2.48	$1,135
Sep 2020	439	37.09	1.99	$874
Aug 2020	394	39.98	2.39	$940
Jul 2020	245	38.37	1.83	$447
Jun 2020	237	34.90	1.69	$401
May 2020	172	16.92	1.81	$312
Apr 2020	182	14.75	1.80	$328
Mar 2020	205	30.34	1.86	$381
Feb 2020	203	49.88	1.98	$402
Jan 2020	369	57.25	2.09	$773
Dec 2019	422	59.01	2.30	$972
Nov 2019	411	55.30	2.75	$1,131
Oct 2019	434	53.47	2.42	$1,050
Sep 2019	415	55.05	2.66	$1,103
Aug 2019	429	53.11	2.30	$989
Jul 2019	431	56.27	2.46	$1,060
Jun 2019	419	52.78	2.49	$1,044
May 2019	435	58.48	2.74	$1,192
Apr 2019	417	62.63	2.75	$1,147
Mar 2019	425	56.80	3.06	$1,301
Feb 2019	376	50.85	2.79	$1,050
Jan 2019	447	46.03	3.23	$1,443
Dec 2018	0	46.59	4.19	$0
Nov 2018	0	52.93	4.24	$0
Oct 2018	436	61.44	3.40	$1,482
Sep 2018	381	59.54	3.11	$1,184
Aug 2018	378	59.40	3.07	$1,159
Jul 2018	320	65.14	2.93	$938
Jun 2018	308	60.18	3.08	$948
May 2018	504	65.38	2.90	$1,462
Apr 2018	551	63.84	2.90	$1,598
Mar 2018	332	61.22	2.79	$925
Feb 2018	412	61.78	2.77	$1,140
Jan 2018	464	62.87	4.01	$1,860
Dec 2017	457	57.27	2.92	$1,335
Nov 2017	451	55.42	3.12	$1,406
Oct 2017	476	49.29	2.98	$1,420
Sep 2017	442	47.52	3.09	$1,365
Aug 2017	484	45.37	3.00	$1,454
Jul 2017	458	43.87	3.09	$1,414
Jun 2017	433	42.49	3.09	$1,337
May 2017	463	45.37	3.26	$1,511
Apr 2017	473	47.93	3.21	$1,519
Mar 2017	457	46.77	2.98	$1,364
Feb 2017	410	50.45	2.95	$1,211
Jan 2017	463	49.41	3.42	$1,583
Dec 2016	465	48.76	3.72	$1,731
Nov 2016	431	42.49	2.64	$1,140
Oct 2016	445	46.19	3.09	$1,375
Sep 2016	428	41.55	3.10	$1,327
Aug 2016	422	41.44	2.92	$1,234
Jul 2016	446	41.62	2.92	$1,304
Jun 2016	452	45.35	2.69	$1,214
May 2016	555	42.52	1.99	$1,105
Apr 2016	595	36.56	1.99	$1,185
Mar 2016	593	33.01	1.79	$1,064
Feb 2016	536	26.47	2.06	$1,106
Jan 2016	567	27.35	2.36	$1,341
Dec 2015	624	32.36	2.00	$1,249
Nov 2015	477	38.79	2.17	$1,034
Oct 2015	450	43.55	2.43	$1,092
Sep 2015	525	42.99	2.76	$1,448
Aug 2015	540	40.16	2.87	$1,551
Jul 2015	450	48.15	2.95	$1,325
Jun 2015	479	56.15	2.88	$1,381
May 2015	487	55.21	2.96	$1,439
Apr 2015	464	49.82	2.71	$1,256
Mar 2015	342	42.89	2.93	$1,004
Feb 2015	260	44.66	2.98	$774
Jan 2015	317	43.43	3.10	$983
Dec 2014	321	54.69	3.59	$1,153
Nov 2014	274	70.46	4.25	$1,165
Oct 2014	169	78.30	3.90	$659
Sep 2014	296	86.16	4.05	$1,197
Aug 2014	261	89.39	4.04	$1,053
Jul 2014	352	96.56	4.18	$1,471
Jun 2014	325	98.16	4.74	$1,539
May 2014	340	94.73	4.73	$1,607
Apr 2014	347	95.94	4.81	$1,669
Mar 2014	329	95.89	5.06	$1,664
Feb 2014	323	97.40	6.19	$2,000
Jan 2014	325	90.40	4.86	$1,580
Dec 2013	343	91.82	4.35	$1,494
Nov 2013	335	88.85	3.74	$1,252
Oct 2013	351	97.42	3.78	$1,327
Sep 2013	284	104.11	3.72	$1,056
Aug 2013	343	104.25	3.52	$1,208
Jul 2013	250	102.52	3.72	$929
Jun 2013	250	94.40	3.93	$983
May 2013	253	94.83	4.15	$1,050
Apr 2013	345	93.96	4.28	$1,477
Mar 2013	361	93.62	3.91	$1,413
Feb 2013	318	91.23	3.42	$1,088
Jan 2013	345	91.60	3.42	$1,180
Dec 2012	343	86.77	3.42	$1,173
Nov 2012	411	86.95	3.62	$1,490
Oct 2012	398	89.38	3.40	$1,353
Sep 2012	311	94.67	2.92	$908
Aug 2012	269	92.66	2.91	$782
Jul 2012	263	85.13	3.02	$794
Jun 2012	298	79.82	2.52	$751
May 2012	449	91.61	2.49	$1,117
Apr 2012	469	101.65	2.00	$937
Mar 2012	447	105.05	2.22	$993
Feb 2012	399	101.10	2.57	$1,026
Jan 2012	517	98.09	2.73	$1,414
Dec 2011	492	96.87	3.24	$1,594
Nov 2011	542	95.72	3.31	$1,795
Oct 2011	538	84.98	3.65	$1,963
Sep 2011	424	83.62	3.99	$1,690
Aug 2011	437	83.40	4.15	$1,813
Jul 2011	438	94.14	4.52	$1,979
Jun 2011	328	92.90	4.64	$1,522
May 2011	406	98.13	4.40	$1,788
Apr 2011	320	105.96	4.33	$1,387
Mar 2011	496	96.36	4.06	$2,012
Feb 2011	441	85.64	4.18	$1,843
Jan 2011	376	86.50	4.59	$1,725
Dec 2010	513	85.73	4.35	$2,230
Nov 2010	372	80.84	3.80	$1,412
Oct 2010	379	78.10	3.51	$1,330
Sep 2010	422	72.63	3.98	$1,679
Aug 2010	421	73.68	4.42	$1,861
Jul 2010	483	72.55	4.74	$2,288
Jun 2010	357	70.36	4.91	$1,753
May 2010	382	71.12	4.24	$1,618
Apr 2010	436	81.69	4.12	$1,797
Mar 2010	383	78.39	4.39	$1,681
Feb 2010	382	73.58	5.44	$2,079
Jan 2010	367	74.36	5.96	$2,189
Dec 2009	387	71.44	5.48	$2,122
Nov 2009	312	74.59	3.75	$1,170
Oct 2009	308	72.54	4.11	$1,266
Sep 2009	428	65.54	3.06	$1,312
Aug 2009	477	67.42	3.22	$1,535
Jul 2009	499	61.13	3.46	$1,729
Jun 2009	485	66.16	3.90	$1,889
May 2009	492	54.74	3.93	$1,931
Apr 2009	479	46.77	3.59	$1,718
Mar 2009	485	42.14	4.06	$1,969
Feb 2009	493	32.81	4.63	$2,284
Jan 2009	505	35.86	5.37	$2,712
Dec 2008	507	37.10	5.98	$3,030
Nov 2008	497	55.49	6.86	$3,410
Oct 2008	510	75.24	6.92	$3,530
Sep 2008	495	101.76	7.88	$3,899
Aug 2008	510	114.22	8.48	$4,326
Jul 2008	511	131.08	11.39	$5,820
Jun 2008	482	131.33	13.03	$6,282
May 2008	515	123.17	11.57	$5,961
Apr 2008	529	110.31	10.45	$5,531
Mar 2008	505	101.90	9.66	$4,880
Feb 2008	458	92.53	8.77	$4,017
Jan 2008	538	90.38	8.21	$4,415
Dec 2007	541	88.33	7.30	$3,950
Nov 2007	526	91.67	7.29	$3,835
Oct 2007	547	82.85	6.92	$3,786
Sep 2007	547	75.84	6.24	$3,416
Aug 2007	560	69.06	6.39	$3,577
Jul 2007	513	70.90	6.39	$3,277
Jun 2007	513	62.00	7.55	$3,872
May 2007	533	58.74	7.85	$4,182
Apr 2007	524	59.61	7.81	$4,090
Mar 2007	533	56.92	7.30	$3,892
Feb 2007	490	55.10	8.22	$4,026
Jan 2007	548	50.30	6.73	$3,686
Dec 2006	561	56.65	6.92	$3,881
Nov 2006	557	54.20	7.62	$4,243
Oct 2006	584	54.90	6.01	$3,512
Sep 2006	570	60.08	5.04	$2,871
Aug 2006	594	68.71	7.34	$4,360
Jul 2006	412	69.37	6.34	$2,613
Jun 2006	400	66.28	6.38	$2,554
May 2006	461	66.01	6.42	$2,962
Apr 2006	542	64.39	7.36	$3,989
Mar 2006	577	56.70	7.08	$4,087
Feb 2006	524	57.59	7.75	$4,062
Jan 2006	441	60.59	8.93	$3,940
Dec 2005	418	54.94	13.42	$5,608
Nov 2005	366	54.69	10.59	$3,875
Oct 2005	523	58.34	13.80	$7,215
Sep 2005	419	61.45	12.08	$5,061
Aug 2005	413	61.51	9.80	$4,046
Jul 2005	386	55.69	7.84	$3,028
Jun 2005	529	52.33	7.38	$3,905
May 2005	517	45.22	6.65	$3,439
Apr 2005	519	49.20	7.36	$3,820
Mar 2005	536	50.37	7.15	$3,835
Feb 2005	488	45.22	6.31	$3,080
Jan 2005	543	43.16	6.32	$3,433
Dec 2004	543	39.86	6.75	$3,666
Nov 2004	534	45.28	6.33	$3,380
Oct 2004	564	49.70	6.52	$3,675
Sep 2004	553	43.24	5.28	$2,922
Aug 2004	587	42.37	5.55	$3,258
Jul 2004	560	38.28	6.08	$3,407
Jun 2004	540	36.10	6.43	$3,474
May 2004	521	37.48	6.49	$3,384
Apr 2004	512	34.47	5.86	$3,000
Mar 2004	540	34.36	5.53	$2,986
Feb 2004	506	32.45	5.51	$2,788
Jan 2004	549	32.03	6.30	$3,459
Dec 2003	555	30.26	6.30	$3,497
Nov 2003	541	28.80	4.60	$2,486
Oct 2003	568	28.17	4.76	$2,703
Sep 2003	556	26.31	4.75	$2,641
Aug 2003	589	29.76	5.13	$3,021
Jul 2003	603	29.41	5.17	$3,118
Jun 2003	503	28.56	5.98	$3,009
May 2003	564	26.59	5.97	$3,369
Apr 2003	547	26.67	5.41	$2,958
Mar 2003	565	31.14	6.10	$3,444
Feb 2003	512	33.48	7.93	$4,058
Jan 2003	561	30.31	5.58	$3,132
Dec 2002	569	26.91	4.85	$2,762
Nov 2002	554	24.66	4.14	$2,292
Oct 2002	593	26.46	4.23	$2,508
Sep 2002	581	27.44	3.64	$2,112
Aug 2002	545	25.96	3.16	$1,724
Jul 2002	564	24.58	3.06	$1,727
Jun 2002	549	23.73	3.34	$1,833
May 2002	593	24.66	3.58	$2,125
Apr 2002	568	23.65	3.51	$1,995
Mar 2002	574	22.00	3.10	$1,781
Feb 2002	514	18.22	2.38	$1,221
Jan 2002	567	17.17	2.38	$1,347
Dec 2001	590	16.93	2.36	$1,395
Nov 2001	598	18.07	2.41	$1,439
Oct 2001	625	19.78	2.53	$1,581
Sep 2001	608	24.26	2.25	$1,369
Aug 2001	633	24.87	3.05	$1,933
Jul 2001	553	23.93	3.20	$1,768
Jun 2001	496	24.56	3.82	$1,897
May 2001	560	25.52	4.31	$2,412
Apr 2001	634	24.68	5.34	$3,383
Mar 2001	564	24.54	5.38	$3,032
Feb 2001	509	27.75	5.77	$2,935
Jan 2001	573	27.47	8.40	$4,812
Dec 2000	557	26.88	9.12	$5,081
Nov 2000	592	32.21	5.66	$3,350
Oct 2000	619	31.23	5.15	$3,185
Sep 2000	655	31.87	5.19	$3,397
Aug 2000	657	29.64	4.54	$2,983
Jul 2000	637	28.53	4.09	$2,605
Jun 2000	643	29.30	4.40	$2,827
May 2000	652	27.26	3.68	$2,399
Apr 2000	490	24.51	3.12	$1,527
Mar 2000	616	28.42	2.86	$1,762
Feb 2000	583	27.62	2.73	$1,590
Jan 2000	638	25.27	2.48	$1,583
Dec 1999	502	24.28	2.42	$1,217
Nov 1999	631	23.19	2.43	$1,536
Oct 1999	619	20.98	2.80	$1,736
Sep 1999	624	21.75	2.62	$1,634
Aug 1999	661	19.26	2.88	$1,901
Jul 1999	677	17.89	2.37	$1,606
Jun 1999	610	15.94	2.36	$1,441
May 1999	632	15.79	2.32	$1,467
Apr 1999	269	15.10	2.21	$594
Mar 1999	631	12.47	1.84	$1,160
Feb 1999	566	9.98	1.82	$1,029
Jan 1999	580	10.38	1.90	$1,102
Dec 1998	613	9.20	1.77	$1,087
Nov 1998	616	10.89	2.19	$1,346
Oct 1998	656	12.42	1.97	$1,292
Sep 1998	634	12.59	2.08	$1,320
Aug 1998	689	11.30	1.91	$1,314
Jul 1998	662	11.74	2.24	$1,481
Jun 1998	662	11.24	2.24	$1,481
May 1998	667	12.62	2.21	$1,472
Apr 1998	591	13.04	2.51	$1,481
Mar 1998	648	12.80	2.31	$1,497
Feb 1998	558	13.95	2.30	$1,283
Jan 1998	663	14.70	2.15	$1,429
Dec 1997	609	16.32	2.41	$1,468
Nov 1997	577	18.19	3.09	$1,782
Oct 1997	584	19.25	3.15	$1,839
Sep 1997	607	17.74	2.95	$1,794
Aug 1997	639	17.86	2.55	$1,632
Jul 1997	677	17.58	2.25	$1,521
Jun 1997	667	17.24	2.26	$1,506
May 1997	708	18.97	2.31	$1,634
Apr 1997	613	17.88	2.08	$1,277
Mar 1997	628	18.95	1.94	$1,218
Feb 1997	554	20.49	2.21	$1,222
Jan 1997	632	23.48	3.54	$2,237
Dec 1996	659	23.32	—	$0
Nov 1996	622	21.97	—	$0
Oct 1996	657	23.31	—	$0
Sep 1996	654	22.22	—	$0
Aug 1996	690	20.26	—	$0
Jul 1996	704	19.55	—	$0
Jun 1996	585	18.73	—	$0
May 1996	673	19.43	—	$0
Apr 1996	653	21.51	—	$0
Mar 1996	691	19.38	—	$0
Feb 1996	597	16.98	—	$0
Jan 1996	600	17.07	—	$0
Dec 1995	624	17.19	—	$0
Nov 1995	635	16.00	—	$0
Oct 1995	718	15.43	—	$0
Sep 1995	694	16.18	—	$0
Aug 1995	813	15.92	—	$0
Jul 1995	818	15.24	—	$0
Jun 1995	760	16.41	—	$0
May 1995	808	17.56	—	$0
Apr 1995	888	17.73	—	$0
Mar 1995	664	16.44	—	$0
Feb 1995	587	16.58	—	$0
Jan 1995	671	15.92	—	$0
Dec 1994	694	15.03	—	$0
Nov 1994	660	15.90	—	$0
Oct 1994	712	15.58	—	$0
Sep 1994	798	15.29	—	$0
Aug 1994	883	16.13	—	$0
Jul 1994	893	17.56	—	$0
Jun 1994	884	17.09	—	$0
May 1994	894	15.88	—	$0
Apr 1994	984	14.14	—	$0
Mar 1994	809	12.46	—	$0
Feb 1994	807	12.50	—	$0
Jan 1994	914	12.66	—	$0
Dec 1993	922	12.33	—	$0
Nov 1993	968	14.49	—	$0
Oct 1993	1,083	15.85	—	$0
Sep 1993	1,100	15.03	—	$0
Aug 1993	1,225	15.66	—	$0
Jul 1993	1,461	15.46	—	$0
Jun 1993	1,741	16.79	—	$0
May 1993	2,655	17.68	—	$0
Apr 1993	0	18.05	—	$0
Mar 1993	0	18.14	—	$0
Feb 1993	0	17.90	—	$0
Jan 1993	0	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.

Apr 2026 — as filed, then multipliedworked

Gas                  334 Mcf  × $  2.87 =       $958

────────────────────────────────────────────────────
Month total                                     $958

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/145521 is the state's own key, not one this site invented.