RUNYAN

Name: RUNYAN 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 TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 27732District 10Field 89120001NGPA filingGasSave Export

Value, all time

$684 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 TEXAS HUGOTON 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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered

1945-06-25

as the register files it

Field class

Gas

the register's own label

Between wells

2,500 ft

minimum

From a lease line

1,250 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-01.

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

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
Gas	Production	195,258 Mcf	$683,822
Total			$683,822

37,292 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 36.4078, -101.7413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.40784, -101.74127 · 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

—

no depth filed

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.

Completions filed

Nov 1947

1 of 1 wells

1 well


42-42180341	1	—	Nov 1947	—	—

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	428	98.93	2.87	$1,228
Mar 2026	491	89.75	3.15	$1,546
Feb 2026	313	63.50	3.75	$1,174
Jan 2026	292	59.13	8.00	$2,335
Dec 2025	398	56.66	4.41	$1,757
Nov 2025	427	58.59	3.93	$1,677
Oct 2025	471	59.38	3.30	$1,557
Sep 2025	504	62.74	3.08	$1,551
Aug 2025	4	63.93	3.01	$12
Jul 2025	117	66.74	3.32	$388
Jun 2025	120	66.48	3.13	$375
May 2025	109	60.55	3.23	$352
Apr 2025	121	62.36	3.54	$429
Mar 2025	127	67.70	4.27	$542
Feb 2025	96	70.88	4.34	$417
Jan 2025	101	74.32	4.28	$432
Dec 2024	109	68.99	3.12	$340
Nov 2024	110	69.05	2.20	$242
Oct 2024	120	71.37	2.28	$274
Sep 2024	136	69.61	2.36	$322
Aug 2024	150	75.63	2.06	$310
Jul 2024	128	79.93	2.15	$275
Jun 2024	130	78.08	2.63	$342
May 2024	129	78.81	2.20	$284
Apr 2024	120	84.45	1.66	$199
Mar 2024	136	80.30	1.55	$210
Feb 2024	124	76.09	1.78	$221
Jan 2024	136	73.02	3.30	$448
Dec 2023	228	71.26	2.61	$595
Nov 2023	337	77.89	2.81	$946
Oct 2023	419	85.44	3.09	$1,294
Sep 2023	382	89.04	2.74	$1,045
Aug 2023	397	80.52	2.67	$1,061
Jul 2023	401	74.85	2.64	$1,059
Jun 2023	392	68.96	2.26	$885
May 2023	391	70.62	2.23	$871
Apr 2023	393	78.12	2.24	$879
Mar 2023	400	72.85	2.39	$957
Feb 2023	366	75.11	2.47	$902
Jan 2023	423	76.53	3.39	$1,433
Dec 2022	383	76.41	5.73	$2,194
Nov 2022	393	85.00	5.65	$2,219
Oct 2022	419	87.18	5.86	$2,457
Sep 2022	372	84.88	8.16	$3,037
Aug 2022	406	94.52	9.13	$3,706
Jul 2022	398	101.58	7.54	$3,002
Jun 2022	354	115.09	7.98	$2,824
May 2022	402	109.37	8.43	$3,390
Apr 2022	404	104.22	6.84	$2,762
Mar 2022	429	108.88	5.08	$2,178
Feb 2022	292	91.05	4.86	$1,419
Jan 2022	411	81.84	4.54	$1,865
Dec 2021	434	71.32	3.90	$1,692
Nov 2021	412	77.43	5.24	$2,158
Oct 2021	434	79.79	5.71	$2,480
Sep 2021	241	69.86	5.35	$1,290
Aug 2021	409	66.02	4.22	$1,726
Jul 2021	393	70.78	3.98	$1,565
Jun 2021	390	69.49	3.38	$1,318
May 2021	364	63.48	3.02	$1,098
Apr 2021	368	60.36	2.76	$1,015
Mar 2021	409	61.30	2.72	$1,111
Feb 2021	350	57.80	5.55	$1,942
Jan 2021	0	50.41	2.81	$0
Dec 2020	425	44.64	2.68	$1,137
Nov 2020	412	38.77	2.71	$1,115
Oct 2020	418	36.97	2.48	$1,036
Sep 2020	406	37.09	1.99	$808
Aug 2020	293	39.98	2.39	$699
Jul 2020	399	38.37	1.83	$728
Jun 2020	358	34.90	1.69	$605
May 2020	407	16.92	1.81	$739
Apr 2020	390	14.75	1.80	$704
Mar 2020	410	30.34	1.86	$761
Feb 2020	388	49.88	1.98	$769
Jan 2020	426	57.25	2.09	$892
Dec 2019	457	59.01	2.30	$1,053
Nov 2019	338	55.30	2.75	$930
Oct 2019	393	53.47	2.42	$950
Sep 2019	406	55.05	2.66	$1,079
Aug 2019	0	53.11	2.30	$0
Jul 2019	248	56.27	2.46	$610
Jun 2019	0	52.78	2.49	$0
May 2019	223	58.48	2.74	$611
Apr 2019	447	62.63	2.75	$1,230
Mar 2019	181	56.80	3.06	$554
Feb 2019	365	50.85	2.79	$1,019
Jan 2019	380	46.03	3.23	$1,227
Dec 2018	414	46.59	4.19	$1,733
Nov 2018	378	52.93	4.24	$1,602
Oct 2018	387	61.44	3.40	$1,315
Sep 2018	412	59.54	3.11	$1,281
Aug 2018	412	59.40	3.07	$1,263
Jul 2018	404	65.14	2.93	$1,184
Jun 2018	361	60.18	3.08	$1,111
May 2018	397	65.38	2.90	$1,152
Apr 2018	380	63.84	2.90	$1,102
Mar 2018	405	61.22	2.79	$1,129
Feb 2018	387	61.78	2.77	$1,070
Jan 2018	446	62.87	4.01	$1,788
Dec 2017	431	57.27	2.92	$1,259
Nov 2017	407	55.42	3.12	$1,269
Oct 2017	405	49.29	2.98	$1,208
Sep 2017	418	47.52	3.09	$1,290
Aug 2017	444	45.37	3.00	$1,334
Jul 2017	458	43.87	3.09	$1,414
Jun 2017	318	42.49	3.09	$982
May 2017	332	45.37	3.26	$1,083
Apr 2017	392	47.93	3.21	$1,259
Mar 2017	311	46.77	2.98	$928
Feb 2017	397	50.45	2.95	$1,172
Jan 2017	347	49.41	3.42	$1,186
Dec 2016	377	48.76	3.72	$1,404
Nov 2016	412	42.49	2.64	$1,089
Oct 2016	421	46.19	3.09	$1,301
Sep 2016	425	41.55	3.10	$1,318
Aug 2016	440	41.44	2.92	$1,287
Jul 2016	315	41.62	2.92	$921
Jun 2016	298	45.35	2.69	$800
May 2016	289	42.52	1.99	$575
Apr 2016	374	36.56	1.99	$745
Mar 2016	397	33.01	1.79	$712
Feb 2016	392	26.47	2.06	$809
Jan 2016	426	27.35	2.36	$1,007
Dec 2015	440	32.36	2.00	$881
Nov 2015	413	38.79	2.17	$895
Oct 2015	430	43.55	2.43	$1,043
Sep 2015	371	42.99	2.76	$1,023
Aug 2015	391	40.16	2.87	$1,123
Jul 2015	339	48.15	2.95	$998
Jun 2015	368	56.15	2.88	$1,061
May 2015	418	55.21	2.96	$1,235
Apr 2015	290	49.82	2.71	$785
Mar 2015	217	42.89	2.93	$637
Feb 2015	236	44.66	2.98	$702
Jan 2015	294	43.43	3.10	$912
Dec 2014	242	54.69	3.59	$869
Nov 2014	366	70.46	4.25	$1,556
Oct 2014	475	78.30	3.90	$1,853
Sep 2014	447	86.16	4.05	$1,808
Aug 2014	464	89.39	4.04	$1,872
Jul 2014	398	96.56	4.18	$1,663
Jun 2014	394	98.16	4.74	$1,866
May 2014	438	94.73	4.73	$2,070
Apr 2014	423	95.94	4.81	$2,034
Mar 2014	424	95.89	5.06	$2,144
Feb 2014	418	97.40	6.19	$2,588
Jan 2014	491	90.40	4.86	$2,387
Dec 2013	495	91.82	4.35	$2,155
Nov 2013	477	88.85	3.74	$1,783
Oct 2013	490	97.42	3.78	$1,852
Sep 2013	429	104.11	3.72	$1,595
Aug 2013	437	104.25	3.52	$1,539
Jul 2013	430	102.52	3.72	$1,599
Jun 2013	417	94.40	3.93	$1,640
May 2013	392	94.83	4.15	$1,626
Apr 2013	376	93.96	4.28	$1,610
Mar 2013	357	93.62	3.91	$1,397
Feb 2013	435	91.23	3.42	$1,488
Jan 2013	511	91.60	3.42	$1,748
Dec 2012	490	86.77	3.42	$1,676
Nov 2012	466	86.95	3.62	$1,689
Oct 2012	465	89.38	3.40	$1,581
Sep 2012	442	94.67	2.92	$1,290
Aug 2012	462	92.66	2.91	$1,344
Jul 2012	449	85.13	3.02	$1,356
Jun 2012	387	79.82	2.52	$975
May 2012	486	91.61	2.49	$1,209
Apr 2012	420	101.65	2.00	$839
Mar 2012	478	105.05	2.22	$1,062
Feb 2012	453	101.10	2.57	$1,164
Jan 2012	482	98.09	2.73	$1,318
Dec 2011	498	96.87	3.24	$1,613
Nov 2011	480	95.72	3.31	$1,589
Oct 2011	493	84.98	3.65	$1,799
Sep 2011	458	83.62	3.99	$1,826
Aug 2011	429	83.40	4.15	$1,780
Jul 2011	362	94.14	4.52	$1,635
Jun 2011	262	92.90	4.64	$1,216
May 2011	289	98.13	4.40	$1,273
Apr 2011	268	105.96	4.33	$1,161
Mar 2011	345	96.36	4.06	$1,400
Feb 2011	391	85.64	4.18	$1,634
Jan 2011	466	86.50	4.59	$2,138
Dec 2010	484	85.73	4.35	$2,104
Nov 2010	509	80.84	3.80	$1,932
Oct 2010	390	78.10	3.51	$1,368
Sep 2010	374	72.63	3.98	$1,488
Aug 2010	476	73.68	4.42	$2,104
Jul 2010	456	72.55	4.74	$2,160
Jun 2010	350	70.36	4.91	$1,719
May 2010	209	71.12	4.24	$885
Apr 2010	262	81.69	4.12	$1,080
Mar 2010	198	78.39	4.39	$869
Feb 2010	226	73.58	5.44	$1,230
Jan 2010	401	74.36	5.96	$2,392
Dec 2009	467	71.44	5.48	$2,561
Nov 2009	375	74.59	3.75	$1,407
Oct 2009	299	72.54	4.11	$1,229
Sep 2009	234	65.54	3.06	$717
Aug 2009	278	67.42	3.22	$895
Jul 2009	413	61.13	3.46	$1,431
Jun 2009	412	66.16	3.90	$1,605
May 2009	491	54.74	3.93	$1,928
Apr 2009	437	46.77	3.59	$1,568
Mar 2009	533	42.14	4.06	$2,163
Feb 2009	475	32.81	4.63	$2,201
Jan 2009	523	35.86	5.37	$2,809
Dec 2008	534	37.10	5.98	$3,192
Nov 2008	505	55.49	6.86	$3,464
Oct 2008	528	75.24	6.92	$3,655
Sep 2008	509	101.76	7.88	$4,009
Aug 2008	506	114.22	8.48	$4,292
Jul 2008	526	131.08	11.39	$5,991
Jun 2008	498	131.33	13.03	$6,490
May 2008	331	123.17	11.57	$3,831
Apr 2008	441	110.31	10.45	$4,611
Mar 2008	456	101.90	9.66	$4,407
Feb 2008	434	92.53	8.77	$3,806
Jan 2008	501	90.38	8.21	$4,111
Dec 2007	535	88.33	7.30	$3,907
Nov 2007	534	91.67	7.29	$3,894
Oct 2007	534	82.85	6.92	$3,696
Sep 2007	549	75.84	6.24	$3,428
Aug 2007	532	69.06	6.39	$3,398
Jul 2007	422	70.90	6.39	$2,696
Jun 2007	440	62.00	7.55	$3,321
May 2007	491	58.74	7.85	$3,853
Apr 2007	510	59.61	7.81	$3,981
Mar 2007	532	56.92	7.30	$3,885
Feb 2007	429	55.10	8.22	$3,525
Jan 2007	495	50.30	6.73	$3,330
Dec 2006	344	56.65	6.92	$2,380
Nov 2006	437	54.20	7.62	$3,329
Oct 2006	545	54.90	6.01	$3,278
Sep 2006	514	60.08	5.04	$2,589
Aug 2006	479	68.71	7.34	$3,516
Jul 2006	493	69.37	6.34	$3,127
Jun 2006	490	66.28	6.38	$3,128
May 2006	528	66.01	6.42	$3,392
Apr 2006	519	64.39	7.36	$3,820
Mar 2006	560	56.70	7.08	$3,966
Feb 2006	504	57.59	7.75	$3,907
Jan 2006	569	60.59	8.93	$5,083
Dec 2005	563	54.94	13.42	$7,553
Nov 2005	553	54.69	10.59	$5,855
Oct 2005	564	58.34	13.80	$7,781
Sep 2005	555	61.45	12.08	$6,704
Aug 2005	572	61.51	9.80	$5,604
Jul 2005	568	55.69	7.84	$4,455
Jun 2005	555	52.33	7.38	$4,096
May 2005	477	45.22	6.65	$3,173
Apr 2005	540	49.20	7.36	$3,975
Mar 2005	573	50.37	7.15	$4,100
Feb 2005	517	45.22	6.31	$3,263
Jan 2005	580	43.16	6.32	$3,667
Dec 2004	574	39.86	6.75	$3,875
Nov 2004	551	45.28	6.33	$3,488
Oct 2004	581	49.70	6.52	$3,785
Sep 2004	560	43.24	5.28	$2,959
Aug 2004	578	42.37	5.55	$3,208
Jul 2004	582	38.28	6.08	$3,541
Jun 2004	557	36.10	6.43	$3,583
May 2004	536	37.48	6.49	$3,481
Apr 2004	552	34.47	5.86	$3,234
Mar 2004	574	34.36	5.53	$3,174
Feb 2004	537	32.45	5.51	$2,959
Jan 2004	580	32.03	6.30	$3,654
Dec 2003	576	30.26	6.30	$3,630
Nov 2003	580	28.80	4.60	$2,665
Oct 2003	574	28.17	4.76	$2,732
Sep 2003	571	26.31	4.75	$2,712
Aug 2003	593	29.76	5.13	$3,042
Jul 2003	538	29.41	5.17	$2,782
Jun 2003	579	28.56	5.98	$3,464
May 2003	471	26.59	5.97	$2,813
Apr 2003	554	26.67	5.41	$2,996
Mar 2003	568	31.14	6.10	$3,463
Feb 2003	507	33.48	7.93	$4,018
Jan 2003	587	30.31	5.58	$3,277
Dec 2002	591	26.91	4.85	$2,869
Nov 2002	600	24.66	4.14	$2,482
Oct 2002	580	26.46	4.23	$2,453
Sep 2002	577	27.44	3.64	$2,098
Aug 2002	635	25.96	3.16	$2,009
Jul 2002	583	24.58	3.06	$1,785
Jun 2002	558	23.73	3.34	$1,863
May 2002	441	24.66	3.58	$1,581
Apr 2002	579	23.65	3.51	$2,034
Mar 2002	571	22.00	3.10	$1,772
Feb 2002	557	18.22	2.38	$1,323
Jan 2002	619	17.17	2.38	$1,471
Dec 2001	628	16.93	2.36	$1,485
Nov 2001	615	18.07	2.41	$1,479
Oct 2001	679	19.78	2.53	$1,717
Sep 2001	510	24.26	2.25	$1,148
Aug 2001	647	24.87	3.05	$1,975
Jul 2001	513	23.93	3.20	$1,640
Jun 2001	507	24.56	3.82	$1,939
May 2001	576	25.52	4.31	$2,481
Apr 2001	519	24.68	5.34	$2,769
Mar 2001	449	24.54	5.38	$2,414
Feb 2001	516	27.75	5.77	$2,976
Jan 2001	575	27.47	8.40	$4,829
Dec 2000	700	26.88	9.12	$6,386
Nov 2000	578	32.21	5.66	$3,270
Oct 2000	704	31.23	5.15	$3,622
Sep 2000	223	31.87	5.19	$1,157
Aug 2000	678	29.64	4.54	$3,079
Jul 2000	616	28.53	4.09	$2,519
Jun 2000	639	29.30	4.40	$2,810
May 2000	625	27.26	3.68	$2,300
Apr 2000	455	24.51	3.12	$1,418
Mar 2000	581	28.42	2.86	$1,662
Feb 2000	644	27.62	2.73	$1,756
Jan 2000	547	25.27	2.48	$1,357
Dec 1999	698	24.28	2.42	$1,692
Nov 1999	591	23.19	2.43	$1,438
Oct 1999	764	20.98	2.80	$2,142
Sep 1999	436	21.75	2.62	$1,142
Aug 1999	602	19.26	2.88	$1,731
Jul 1999	675	17.89	2.37	$1,601
Jun 1999	617	15.94	2.36	$1,457
May 1999	694	15.79	2.32	$1,611
Apr 1999	654	15.10	2.21	$1,444
Mar 1999	685	12.47	1.84	$1,259
Feb 1999	649	9.98	1.82	$1,180
Jan 1999	626	10.38	1.90	$1,189
Dec 1998	665	9.20	1.77	$1,179
Nov 1998	692	10.89	2.19	$1,513
Oct 1998	672	12.42	1.97	$1,323
Sep 1998	678	12.59	2.08	$1,412
Aug 1998	680	11.30	1.91	$1,297
Jul 1998	727	11.74	2.24	$1,627
Jun 1998	400	11.24	2.24	$895
May 1998	665	12.62	2.21	$1,467
Apr 1998	696	13.04	2.51	$1,744
Mar 1998	721	12.80	2.31	$1,665
Feb 1998	638	13.95	2.30	$1,467
Jan 1998	723	14.70	2.15	$1,558
Dec 1997	731	16.32	2.41	$1,763
Nov 1997	718	18.19	3.09	$2,217
Oct 1997	746	19.25	3.15	$2,350
Sep 1997	706	17.74	2.95	$2,086
Aug 1997	732	17.86	2.55	$1,870
Jul 1997	720	17.58	2.25	$1,618
Jun 1997	705	17.24	2.26	$1,591
May 1997	705	18.97	2.31	$1,627
Apr 1997	731	17.88	2.08	$1,523
Mar 1997	767	18.95	1.94	$1,487
Feb 1997	676	20.49	2.21	$1,491
Jan 1997	787	23.48	3.54	$2,786
Dec 1996	771	23.32	—	$0
Nov 1996	749	21.97	—	$0
Oct 1996	724	23.31	—	$0
Sep 1996	758	22.22	—	$0
Aug 1996	780	20.26	—	$0
Jul 1996	697	19.55	—	$0
Jun 1996	660	18.73	—	$0
May 1996	777	19.43	—	$0
Apr 1996	706	21.51	—	$0
Mar 1996	785	19.38	—	$0
Feb 1996	713	16.98	—	$0
Jan 1996	793	17.07	—	$0
Dec 1995	784	17.19	—	$0
Nov 1995	743	16.00	—	$0
Oct 1995	774	15.43	—	$0
Sep 1995	743	16.18	—	$0
Aug 1995	794	15.92	—	$0
Jul 1995	830	15.24	—	$0
Jun 1995	576	16.41	—	$0
May 1995	735	17.56	—	$0
Apr 1995	769	17.73	—	$0
Mar 1995	756	16.44	—	$0
Feb 1995	743	16.58	—	$0
Jan 1995	751	15.92	—	$0
Dec 1994	768	15.03	—	$0
Nov 1994	735	15.90	—	$0
Oct 1994	779	15.58	—	$0
Sep 1994	809	15.29	—	$0
Aug 1994	835	16.13	—	$0
Jul 1994	846	17.56	—	$0
Jun 1994	565	17.09	—	$0
May 1994	815	15.88	—	$0
Apr 1994	775	14.14	—	$0
Mar 1994	824	12.46	—	$0
Feb 1994	756	12.50	—	$0
Jan 1994	838	12.66	—	$0
Dec 1993	848	12.33	—	$0
Nov 1993	834	14.49	—	$0
Oct 1993	875	15.85	—	$0
Sep 1993	850	15.03	—	$0
Aug 1993	889	15.66	—	$0
Jul 1993	861	15.46	—	$0
Jun 1993	668	16.79	—	$0
May 1993	899	17.68	—	$0
Apr 1993	817	18.05	—	$0
Mar 1993	881	18.14	—	$0
Feb 1993	752	17.90	—	$0
Jan 1993	862	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                  428 Mcf  × $  2.87 =     $1,228

────────────────────────────────────────────────────
Month total                                   $1,228

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/27732 is the state's own key, not one this site invented.