BIVINS -PR-

Operated by RENEAU OIL CO. (P-5 701746) in the PANHANDLE (RED CAVE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5305District 10Field 68825800OilCasinghead gasSave
Value, all time
$6.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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.

StreamBasisVolumeValue
OilDisposition127,742 bbl$6,146,223
Casinghead gasProduction212,274 Mcf$729,766
Total$6,875,988

29,290 Mcf of this lease's gas, across 42 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 (100)

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 35.5776, -102.0584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 7.5 miles.

35.57146, -102.05767 · centre of the wells drawn, derived

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
52.0%
52 of 100 wells
With a plug date
52.0%
52 of 100 wells
Median depth
2,289 ft
100 wells filed one
Completion to plug
2.5 years
median over 24 wells

What the state filed about each well

On the RRC proration schedule
5252.0%
A plug date is filed
5252.0%
BothOn the schedule and plugged. Neither fact cancels the other.
5252.0%
NeitherNo plug date, and not on the schedule.
4848.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 100 of 100 wells. Median 2,289 ft, with the middle half between 2,242 and 2,427 ft; the shallowest is 2,143 ft and the deepest 2,920 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

80s

Last completion by decade, 72 of 100 wells, Feb 1983 – Nov 1987. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1983 – Nov 1987
72 of 100 wells; 28 filed none
Plug dates filed
Mar 1987 – Jun 1992
52 of 100 wells; 48 filed none

Last completion to plug: a median of 2.5 years across the 24 wells that filed both dates, with the middle half between 2.1 years and 4.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

100 wells

42-375309122817A2,250 ftApr 1987Yes
42-3753091928132,200 ftApr 1987Yes
42-3753092121312,290 ftMar 1987Yes
42-3753096927732,240 ftApr 1987Yes
42-3753097227712,235 ftApr 1987Yes
42-3753098527532,240 ftApr 1987Yes
42-3753098627552,238 ftApr 1987Yes
42-3753098727572,275 ftApr 1987Yes
42-3753104031132,276 ftMay 1987Yes
42-3753104131222,250 ftMay 1987Yes
42-3753104231312,231 ftApr 1987Yes
42-3753105731242,265 ftMay 1987Yes
42-3753107355052,462 ftMay 1987Yes
42-3753107781112,274 ftMay 1987Yes
42-3753107881312,228 ftApr 1987Yes
42-3753108133272,288 ftMay 1987Yes
42-3753108333372,256 ftMay 1987Yes
42-3753108633482,353 ftMay 1987Yes
42-3753109733782,345 ftMay 1987Yes
42-3753109918122,857 ftMar 1987Yes
42-3753110932062,425 ftMay 1987Yes
42-3753111032362,920 ftMay 1987Yes
42-375311117252,911 ftMar 1987Yes
42-3753111232042,425 ftMay 1987Yes
42-3753111323222,814 ftApr 1987Yes
42-3753111481392,315 ftMay 1987Yes
42-3753111581552,350 ftApr 1987Yes
42-3753111629252,316 ftMay 1987Yes
42-3753105134242,323 ftNov 1987
42-3753106434512,261 ftNov 1987
42-3753104531552,260 ftOct 1987
42-3753090934262,386 ftAug 1987
42-3753109233762,475 ftMay 1987
42-3753106334732,258 ftMay 1987
42-3753106955032,487 ftMay 1987
42-3753107233742,509 ftMay 1987
42-3753109333672,354 ftMay 1987
42-3753108433562,543 ftApr 1987
42-3753110128672,440 ftApr 1987
42-3753107055142,489 ftApr 1987Jun 1992Yes
42-3753107933172,329 ftMar 1987
42-3753106034752,509 ftMar 1986
42-3753107433652,494 ftMar 1986
42-3753109433572,488 ftMar 1986
42-3753104327482,266 ftMar 1986May 1987Yes
42-3753110055082,390 ftMar 1986
42-3753109836862,308 ftJan 1986
42-3753110336882,366 ftJan 1986
42-3753106234642,389 ftSep 1985Jun 1987Yes
42-3753098427512,211 ftAug 1985Jun 1992Yes
42-3753109117532,626 ftAug 1985
42-375311058572,634 ftAug 1985
42-3753105934532,269 ftJun 1985
42-3753109520142,751 ftJun 1985Apr 1987Yes
42-3753108233162,240 ftJun 1985
42-3753107533612,478 ftMar 1985Jun 1987Yes
42-3753107633522,433 ftMar 1985Jun 1987Yes
42-3753110636722,386 ftMar 1985
42-3753109619012,682 ftMar 1985Apr 1987Yes
42-3753107133722,506 ftMar 1985
42-3753097027752,242 ftMar 1985Apr 1987Yes
42-3753097127772,240 ftMar 1985
42-3753104427682,242 ftMar 1985
42-3753106134552,426 ftMar 1985
42-3753105634442,255 ftMar 1985Jun 1987Yes
42-3753104934422,238 ftMar 1985
42-3753092621372,235 ftFeb 1985Mar 1987Yes
42-3753110720372,795 ftFeb 1985
42-3753110217582,890 ftFeb 1985Mar 1987Yes
42-3753103931112,270 ftJan 1985May 1987Yes
42-3753105034312,242 ftDec 1984
42-3753105831262,265 ftDec 1984
42-3753104831462,240 ftDec 1984May 1987Yes
42-3753103831512,240 ftOct 1984
42-3753104631532,235 ftOct 1984
42-3753103631422,240 ftOct 1984May 1987Yes
42-3753103731332,245 ftOct 1984May 1987Yes
42-3753111835862,375 ftSep 1984
42-3753111736812,429 ftSep 1984
42-3753108034052,354 ftSep 1984Jun 1987Yes
42-3753110834342,285 ftSep 1984
42-3753104731352,245 ftSep 1984
42-3753105534022,225 ftJun 1984
42-3753103534112,235 ftJun 1984Jun 1987Yes
42-3753105334132,242 ftJun 1984
42-3753105234152,458 ftJun 1984
42-3753102734352,425 ftJun 1984
42-3753106534252,416 ftJun 1984
42-3753102834362,415 ftJun 1984
42-3753094134222,199 ftMay 1983
42-3753094336362,295 ftMay 1983Jun 1987Yes
42-3753094231442,256 ftMay 1983
42-3753091333042,256 ftMar 1983
42-3753093121512,260 ftMar 1983Mar 1987Yes
42-3753091728062,143 ftMar 1983Apr 1987Yes
42-3753091828042,210 ftMar 1983May 1987Yes
42-3753092421352,262 ftMar 1983Mar 1987Yes
42-3753093321532,230 ftMar 1983
42-3753091128152,260 ftFeb 1983Apr 1987Yes
42-3753091533152,310 ftFeb 1983

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201704143.873.09$127
Jun 20170042.493.09$0
May 2017074945.373.26$2,444
Apr 201701,08547.933.21$3,485
Mar 201798046.772.98$4,583
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016011446.193.09$352
Sep 20160041.553.10$0
Aug 201617787941.442.92$9,905
Jul 20161651,10041.622.92$10,084
Jun 201601,01045.352.69$2,713
May 20165361,17542.521.99$25,130
Apr 201633656736.561.99$13,413
Mar 20163351,24033.011.79$13,283
Feb 20160026.472.06$0
Jan 2016167027.352.36$4,567
Dec 20155271,70832.362.00$20,472
Nov 20153601,92038.792.17$18,126
Oct 20151,2402,22743.552.43$59,406
Sep 20151771,76542.992.76$12,478
Aug 20151,06893040.162.87$45,562
Jul 201501,71048.152.95$5,036
Jun 20151,8702,04856.152.88$110,905
May 20150055.212.96$0
Apr 201505,16049.822.71$13,966
Mar 201501,26942.892.93$3,724
Feb 20151,1286,21044.662.98$68,859
Jan 2015075643.433.10$2,344
Dec 2014064554.693.59$2,316
Nov 201401,11270.464.25$4,728
Oct 201401,97278.303.90$7,693
Sep 201401,58586.164.05$6,412
Aug 20140089.394.04$0
Jul 20143332,10096.564.18$40,932
Jun 20145171,82598.164.74$59,394
May 20145121,98794.734.73$57,893
Apr 20143771,79995.944.81$44,821
Mar 20148661,67595.895.06$91,511
Feb 20146751,59397.406.19$75,609
Jan 201401,71290.404.86$8,322
Dec 20135341,38591.824.35$55,063
Nov 20134911,81188.853.74$50,395
Oct 20133611,61597.423.78$41,272
Sep 20131021,680104.113.72$16,865
Aug 20135302,035104.253.52$62,421
Jul 20135351,785102.523.72$61,484
Jun 20133492,33594.403.93$42,130
May 20137251,03594.834.15$73,046
Apr 20138991,28793.964.28$89,982
Mar 20133681,61193.623.91$40,756
Feb 20131771,75691.233.42$22,153
Jan 20135491,35791.603.42$54,929
Dec 201238093286.773.42$36,160
Nov 20125441,31186.953.62$52,053
Oct 20125501,36189.383.40$53,786
Sep 20127021,04294.672.92$69,499
Aug 20128831,86292.662.91$87,234
Jul 20123712,80685.133.02$40,060
Jun 20125462,41879.822.52$49,673
May 20127582,29891.612.49$75,159
Apr 20127322,707101.652.00$79,813
Mar 20125883,488105.052.22$69,520
Feb 20121,1222,230101.102.57$119,166
Jan 201254994698.092.73$56,438
Dec 20115511,60196.873.24$58,562
Nov 20111,3421,51895.723.31$133,483
Oct 20115332,11584.983.65$53,011
Sep 20111,1312,18983.623.99$103,299
Aug 20111,5031,98583.404.15$133,587
Jul 20111,1061,32194.144.52$110,086
Jun 20117381,87692.904.64$77,265
May 20111,2252,46398.134.40$131,058
Apr 20111,4610105.964.33$154,808
Mar 20111,469096.364.06$141,553
Feb 20111,294085.644.18$110,818
Jan 20111,173086.504.59$101,465
Dec 2010549085.734.35$47,066
Nov 2010557080.843.80$45,028
Oct 20101,054078.103.51$82,317
Sep 2010849072.633.98$61,663
Aug 2010646073.684.42$47,597
Jul 2010673072.554.74$48,826
Jun 20100070.364.91$0
May 20103273671.124.24$23,409
Apr 201032114281.694.12$26,808
Mar 201016618078.394.39$13,803
Feb 2010030573.585.44$1,660
Jan 201030730374.365.96$24,636
Dec 200916545671.445.48$14,288
Nov 200931017574.593.75$23,779
Oct 20091703772.544.11$12,484
Sep 200940983165.543.06$29,353
Aug 200932198967.423.22$24,825
Jul 20093271,08061.133.46$23,731
Jun 20093211,03266.163.90$25,257
May 2009096154.743.93$3,773
Apr 2009509046.773.59$23,806
Mar 2009350042.144.06$14,749
Feb 2009363032.814.63$11,910
Jan 2009365035.865.37$13,089
Dec 200803137.105.98$185
Nov 200818350855.496.86$13,640
Oct 200836629775.246.92$29,594
Sep 20080350101.767.88$2,757
Aug 2008182441114.228.48$24,529
Jul 2008179216131.0811.39$25,923
Jun 2008173104131.3313.03$24,075
May 2008364187123.1711.57$46,998
Apr 2008182142110.3110.45$21,561
Mar 2008350105101.909.66$36,680
Feb 20081789792.538.77$17,321
Jan 2008056990.388.21$4,669
Dec 200736926788.337.30$34,543
Nov 2007019991.677.29$1,451
Oct 2007015182.856.92$1,045
Sep 2007371075.846.24$28,137
Aug 200737224669.066.39$27,262
Jul 2007718070.906.39$50,906
Jun 2007048562.007.55$3,661
May 200717939958.747.85$13,645
Apr 200735621659.617.81$22,907
Mar 20073424956.927.30$19,824
Feb 200717820355.108.22$11,476
Jan 200705450.306.73$363
Dec 2006031456.656.92$2,172
Nov 200636032254.207.62$21,965
Oct 200635923054.906.01$21,092
Sep 200636226960.085.04$23,104
Aug 200636044568.717.34$28,002
Jul 200652846169.376.34$39,551
Jun 200636440266.286.38$26,692
May 200635736966.016.42$25,936
Apr 200633917764.397.36$23,131
Mar 200636132356.707.08$22,756
Feb 200602457.597.75$186
Jan 200636034160.598.93$24,859
Dec 200554337654.9413.42$34,877
Nov 200525058054.6910.59$19,814
Oct 200517644758.3413.80$16,435
Sep 200532447861.4512.08$25,684
Aug 200568659261.519.80$47,996
Jul 200516551655.697.84$13,236
Jun 200551843052.337.38$30,281
May 200551254245.226.65$26,758
Apr 200534337849.207.36$19,658
Mar 200569929950.377.15$37,348
Feb 200517229945.226.31$9,665
Jan 200532231843.166.32$15,908
Dec 200450842339.866.75$23,105
Nov 2004063445.286.33$4,013
Oct 200468337349.706.52$36,375
Sep 200417029943.245.28$8,931
Aug 200466723242.375.55$29,549
Jul 200433625138.286.08$14,389
Jun 200434818036.106.43$13,721
May 200433231837.486.49$14,509
Apr 200453231534.475.86$20,183
Mar 200435228534.365.53$13,671
Feb 200435230232.455.51$13,086
Jan 2004496032.036.30$15,887
Dec 2003175030.266.30$5,296
Nov 20036793528.804.60$19,716
Oct 200315669628.174.76$7,707
Sep 20036741,30526.314.75$23,931
Aug 20033511,36029.765.13$17,422
Jul 200335196029.415.17$15,287
Jun 200335062328.565.98$13,723
May 20033621,22826.595.97$16,960
Apr 200332869326.675.41$12,495
Mar 20034931,09631.146.10$22,033
Feb 20035381,02333.487.93$26,120
Jan 20035331,00430.315.58$21,760
Dec 200248996026.914.85$17,819
Nov 20022991,34924.664.14$12,954
Oct 20023311,83326.464.23$16,510
Sep 20025131,20527.443.64$18,457
Aug 200267883025.963.16$20,227
Jul 200280581024.583.06$22,267
Jun 200264966623.733.34$17,624
May 200249443124.663.58$13,727
Apr 2002498023.653.51$11,778
Mar 200268966122.003.10$17,209
Feb 200217323718.222.38$3,715
Jan 200232946117.172.38$6,744
Dec 20014951,26816.932.36$11,378
Nov 20015111,42918.072.41$12,671
Oct 20014811,85219.782.53$14,198
Sep 20015051,16524.262.25$14,874
Aug 2001683024.873.05$16,986
Jul 200150554323.933.20$13,821
Jun 20011,02544924.563.82$26,891
May 20013381,67425.524.31$15,836
Apr 20011,0051,77524.685.34$34,274
Mar 20016231,27824.545.38$22,160
Feb 200147889027.755.77$18,397
Jan 200166770027.478.40$24,202
Dec 200015671226.889.12$10,689
Nov 200047654832.215.66$18,433
Oct 200016851831.235.15$7,912
Sep 200093042231.875.19$31,828
Aug 200032058529.644.54$12,141
Jul 2000021128.534.09$863
Jun 200062429329.304.40$19,572
May 200016028027.263.68$5,392
Apr 200042342624.513.12$11,695
Mar 200031720728.422.86$9,601
Feb 20004707027.622.73$13,172
Jan 2000329025.272.48$8,314
Dec 1999449024.282.42$10,902
Nov 1999150023.192.43$3,479
Oct 1999167020.982.80$3,504
Sep 199931038221.752.62$7,743
Aug 199949721619.262.88$10,193
Jul 199917431517.892.37$3,860
Jun 19990015.942.36$0
May 1999655015.792.32$10,342
Apr 19991535815.102.21$2,438
Mar 19991566312.471.84$2,061
Feb 19993351689.981.82$3,649
Jan 199916524410.381.90$2,176
Dec 199809309.201.77$1,649
Nov 1998083610.892.19$1,827
Oct 199830176012.421.97$5,235
Sep 1998066912.592.08$1,393
Aug 199815572111.301.91$3,127
Jul 199830565511.742.24$5,046
Jun 199895635011.242.24$11,528
May 1998023912.622.21$527
Apr 19986371,16413.042.51$11,223
Mar 199815325512.802.31$2,547
Feb 1998337013.952.30$4,701
Jan 19983133314.702.15$4,672
Dec 199732325516.322.41$5,886
Nov 19973467618.193.09$6,528
Oct 1997039719.253.15$1,250
Sep 199734436017.742.95$7,166
Aug 199717834717.862.55$4,066
Jul 199752534317.582.25$10,000
Jun 199751132717.242.26$9,548
May 199735544918.972.31$7,771
Apr 199715858517.882.08$4,043
Mar 199749733318.951.94$10,064
Feb 199735221620.492.21$7,689
Jan 199749026123.483.54$12,429
Dec 199647744723.32$11,124
Nov 199630619921.97$6,723
Oct 199650189623.31$11,678
Sep 199648597022.22$10,777
Aug 199649590920.26$10,029
Jul 199647396319.55$9,247
Jun 19964881,38418.73$9,140
May 19966111,17819.43$11,872
Apr 19966531,15421.51$14,046
Mar 19966641,00719.38$12,868
Feb 19966321,48516.98$10,731
Jan 19964591,08017.07$7,835
Dec 19954751,52317.19$8,165
Nov 19956101,09116.00$9,760
Oct 19957701,79715.43$11,881
Sep 19956542,97916.18$10,582
Aug 199582281015.92$13,086
Jul 19958411,15515.24$12,817
Jun 19958351,00716.41$13,702
May 19951,290017.56$22,652
Apr 19951,002017.73$17,765
Mar 1995805016.44$13,234
Feb 1995493016.58$8,174
Jan 1995300015.92$4,776
Dec 199433022515.03$4,960
Nov 199447816715.90$7,600
Oct 1994504015.58$7,852
Sep 1994660115.29$10,091
Aug 19948734716.13$14,081
Jul 1994174117.56$3,055
Jun 1994671117.09$11,467
May 199434133815.88$5,415
Apr 1994528114.14$7,466
Mar 1994496112.46$6,180
Feb 1994805112.50$10,063
Jan 199451651112.66$6,533
Dec 199384167812.33$10,370
Nov 199366793114.49$9,665
Oct 1993507115.85$8,036
Sep 199373274315.03$11,002
Aug 199317233815.66$2,694
Jul 199352455215.46$8,101
Jun 199370837516.79$11,887
May 199371976917.68$12,712
Apr 199370968418.05$12,797
Mar 199387115918.14$15,800
Feb 19938609117.90$15,394
Jan 199317064116.93$2,878

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.

Jul 2017 — as filed, then multipliedworked
Oil                    0 bbl  × $ 43.87 =         $0
Casinghead gas        41 Mcf  × $  3.09 =       $127

────────────────────────────────────────────────────
Month total                                     $127

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/O/5305 is the state's own key, not one this site invented.