MILDRED

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

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) in the LONE BUTTE (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6596District 10Field 54573500OilCasinghead gasSave Export

Value, all time

$2.7 M

Jan 1993 – May 2021

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

341

no gaps in the span

Streams

oil, casinghead gas

The LONE BUTTE (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 31 leases and 52 wells, and the rule below applies to all of them.

Discovered

1979-06-07

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1999-08-04.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 11/01/1999.”

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	23,924 bbl	$904,041
Casinghead gas	Production	485,772 Mcf	$1,798,703
Total			$2,702,744

103,129 Mcf of this lease's gas, across 47 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 36.0772, -100.8711. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.07722, -100.87109 · 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

8,850 ft

1 wells filed one

Completion to plug

37.6 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 8,850 ft.

Completions filed

Oct 1982

1 of 1 wells

Plug dates filed

May 2020

1 of 1 wells

Last completion to plug: a median of 37.6 years across the 1 well that filed both dates, with the middle half between 37.6 years and 37.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-35731310	23	8,850 ft	Oct 1982	May 2020	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 (341)

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

341 months


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	89	0	38.77	2.71	$3,451
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	19	63.84	2.90	$55
Mar 2018	0	553	61.22	2.79	$1,541
Feb 2018	0	595	61.78	2.77	$1,646
Jan 2018	0	652	62.87	4.01	$2,614
Dec 2017	0	633	57.27	2.92	$1,849
Nov 2017	0	627	55.42	3.12	$1,955
Oct 2017	0	668	49.29	2.98	$1,993
Sep 2017	0	677	47.52	3.09	$2,090
Aug 2017	0	729	45.37	3.00	$2,190
Jul 2017	0	807	43.87	3.09	$2,491
Jun 2017	0	976	42.49	3.09	$3,013
May 2017	0	678	45.37	3.26	$2,213
Apr 2017	0	657	47.93	3.21	$2,110
Mar 2017	0	699	46.77	2.98	$2,086
Feb 2017	0	619	50.45	2.95	$1,828
Jan 2017	0	733	49.41	3.42	$2,506
Dec 2016	0	672	48.76	3.72	$2,502
Nov 2016	0	662	42.49	2.64	$1,751
Oct 2016	0	681	46.19	3.09	$2,104
Sep 2016	0	639	41.55	3.10	$1,981
Aug 2016	0	639	41.44	2.92	$1,869
Jul 2016	0	530	41.62	2.92	$1,550
Jun 2016	166	541	45.35	2.69	$8,981
May 2016	0	743	42.52	1.99	$1,479
Apr 2016	193	1,384	36.56	1.99	$9,812
Mar 2016	191	1,467	33.01	1.79	$8,937
Feb 2016	190	1,370	26.47	2.06	$7,856
Jan 2016	189	1,285	27.35	2.36	$8,207
Dec 2015	0	1,356	32.36	2.00	$2,714
Nov 2015	180	1,434	38.79	2.17	$10,090
Oct 2015	180	1,518	43.55	2.43	$11,523
Sep 2015	171	1,462	42.99	2.76	$11,384
Aug 2015	0	1,630	40.16	2.87	$4,682
Jul 2015	183	1,358	48.15	2.95	$12,811
Jun 2015	171	1,536	56.15	2.88	$14,030
May 2015	179	1,628	55.21	2.96	$14,694
Apr 2015	170	1,338	49.82	2.71	$12,091
Mar 2015	0	1,335	42.89	2.93	$3,918
Feb 2015	176	817	44.66	2.98	$10,292
Jan 2015	0	880	43.43	3.10	$2,729
Dec 2014	191	789	54.69	3.59	$13,279
Nov 2014	181	746	70.46	4.25	$15,925
Oct 2014	0	938	78.30	3.90	$3,659
Sep 2014	178	1,076	86.16	4.05	$19,689
Aug 2014	188	1,255	89.39	4.04	$21,869
Jul 2014	0	1,156	96.56	4.18	$4,832
Jun 2014	192	955	98.16	4.74	$23,370
May 2014	0	267	94.73	4.73	$1,262
Apr 2014	175	549	95.94	4.81	$19,430
Mar 2014	0	836	95.89	5.06	$4,227
Feb 2014	171	1,366	97.40	6.19	$25,114
Jan 2014	0	1,582	90.40	4.86	$7,690
Dec 2013	0	1,750	91.82	4.35	$7,620
Nov 2013	190	1,544	88.85	3.74	$22,653
Oct 2013	0	921	97.42	3.78	$3,481
Sep 2013	186	1,688	104.11	3.72	$25,640
Aug 2013	0	1,650	104.25	3.52	$5,812
Jul 2013	0	1,303	102.52	3.72	$4,844
Jun 2013	0	1,255	94.40	3.93	$4,936
May 2013	0	671	94.83	4.15	$2,784
Apr 2013	188	1,731	93.96	4.28	$25,078
Mar 2013	0	2,215	93.62	3.91	$8,667
Feb 2013	0	1,987	91.23	3.42	$6,795
Jan 2013	0	3,064	91.60	3.42	$10,479
Dec 2012	0	2,182	86.77	3.42	$7,463
Nov 2012	193	2,309	86.95	3.62	$25,151
Oct 2012	0	1,910	89.38	3.40	$6,493
Sep 2012	0	1,587	94.67	2.92	$4,632
Aug 2012	0	1,619	92.66	2.91	$4,708
Jul 2012	0	1,411	85.13	3.02	$4,262
Jun 2012	0	1,595	79.82	2.52	$4,018
May 2012	191	1,417	91.61	2.49	$21,023
Apr 2012	0	1,388	101.65	2.00	$2,772
Mar 2012	0	1,859	105.05	2.22	$4,131
Feb 2012	192	3,057	101.10	2.57	$27,268
Jan 2012	0	3,328	98.09	2.73	$9,099
Dec 2011	0	3,222	96.87	3.24	$10,438
Nov 2011	0	1,751	95.72	3.31	$5,798
Oct 2011	0	1,319	84.98	3.65	$4,812
Sep 2011	192	1,035	83.62	3.99	$20,180
Aug 2011	0	1,290	83.40	4.15	$5,353
Jul 2011	0	1,258	94.14	4.52	$5,683
Jun 2011	0	1,051	92.90	4.64	$4,877
May 2011	193	1,617	98.13	4.40	$26,062
Apr 2011	0	930	105.96	4.33	$4,030
Mar 2011	0	1,243	96.36	4.06	$5,043
Feb 2011	191	1,598	85.64	4.18	$23,037
Jan 2011	0	1,953	86.50	4.59	$8,962
Dec 2010	0	2,306	85.73	4.35	$10,026
Nov 2010	185	1,913	80.84	3.80	$22,216
Oct 2010	0	1,337	78.10	3.51	$4,691
Sep 2010	0	815	72.63	3.98	$3,243
Aug 2010	0	1,439	73.68	4.42	$6,359
Jul 2010	192	2,245	72.55	4.74	$24,563
Jun 2010	0	2,283	70.36	4.91	$11,210
May 2010	0	2,494	71.12	4.24	$10,563
Apr 2010	191	1,573	81.69	4.12	$22,088
Mar 2010	0	2,909	78.39	4.39	$12,767
Feb 2010	0	2,541	73.58	5.44	$13,829
Jan 2010	0	2,692	74.36	5.96	$16,055
Dec 2009	186	3,290	71.44	5.48	$31,329
Nov 2009	0	3,191	74.59	3.75	$11,971
Oct 2009	0	2,888	72.54	4.11	$11,870
Sep 2009	0	2,543	65.54	3.06	$7,794
Aug 2009	0	2,123	67.42	3.22	$6,833
Jul 2009	187	2,165	61.13	3.46	$18,932
Jun 2009	0	2,241	66.16	3.90	$8,729
May 2009	0	2,575	54.74	3.93	$10,109
Apr 2009	192	2,935	46.77	3.59	$19,509
Mar 2009	0	2,382	42.14	4.06	$9,669
Feb 2009	0	2,412	32.81	4.63	$11,175
Jan 2009	200	2,759	35.86	5.37	$21,991
Dec 2008	0	2,661	37.10	5.98	$15,905
Nov 2008	0	2,250	55.49	6.86	$15,436
Oct 2008	198	2,065	75.24	6.92	$29,191
Sep 2008	0	2,012	101.76	7.88	$15,849
Aug 2008	0	2,018	114.22	8.48	$17,119
Jul 2008	0	994	131.08	11.39	$11,321
Jun 2008	193	880	131.33	13.03	$36,815
May 2008	0	1,513	123.17	11.57	$17,512
Apr 2008	0	1,434	110.31	10.45	$14,992
Mar 2008	200	1,364	101.90	9.66	$33,562
Feb 2008	0	2,072	92.53	8.77	$18,173
Jan 2008	0	2,505	90.38	8.21	$20,555
Dec 2007	0	2,367	88.33	7.30	$17,284
Nov 2007	0	1,894	91.67	7.29	$13,810
Oct 2007	0	1,395	82.85	6.92	$9,656
Sep 2007	197	2,048	75.84	6.24	$27,729
Aug 2007	0	1,447	69.06	6.39	$9,243
Jul 2007	0	782	70.90	6.39	$4,995
Jun 2007	0	1,567	62.00	7.55	$11,828
May 2007	0	2,094	58.74	7.85	$16,430
Apr 2007	0	2,189	59.61	7.81	$17,086
Mar 2007	179	2,159	56.92	7.30	$25,954
Feb 2007	0	1,524	55.10	8.22	$12,521
Jan 2007	0	1,620	50.30	6.73	$10,898
Dec 2006	0	1,421	56.65	6.92	$9,831
Nov 2006	202	1,624	54.20	7.62	$23,319
Oct 2006	0	1,075	54.90	6.01	$6,465
Sep 2006	0	1,779	60.08	5.04	$8,961
Aug 2006	167	1,832	68.71	7.34	$24,921
Jul 2006	0	1,597	69.37	6.34	$10,129
Jun 2006	0	1,195	66.28	6.38	$7,629
May 2006	183	1,681	66.01	6.42	$22,880
Apr 2006	0	1,357	64.39	7.36	$9,988
Mar 2006	0	1,469	56.70	7.08	$10,405
Feb 2006	170	1,938	57.59	7.75	$24,812
Jan 2006	0	2,178	60.59	8.93	$19,457
Dec 2005	162	2,291	54.94	13.42	$39,635
Nov 2005	0	2,286	54.69	10.59	$24,205
Oct 2005	0	2,228	58.34	13.80	$30,737
Sep 2005	194	1,129	61.45	12.08	$25,558
Aug 2005	0	1,262	61.51	9.80	$12,364
Jul 2005	0	1,383	55.69	7.84	$10,848
Jun 2005	0	333	52.33	7.38	$2,458
May 2005	198	1,155	45.22	6.65	$16,636
Apr 2005	0	1,071	49.20	7.36	$7,883
Mar 2005	0	2,435	50.37	7.15	$17,422
Feb 2005	0	2,197	45.22	6.31	$13,867
Jan 2005	0	545	43.16	6.32	$3,446
Dec 2004	0	829	39.86	6.75	$5,597
Nov 2004	0	1,417	45.28	6.33	$8,970
Oct 2004	186	1,800	49.70	6.52	$20,971
Sep 2004	0	1,145	43.24	5.28	$6,050
Aug 2004	0	898	42.37	5.55	$4,984
Jul 2004	174	1,062	38.28	6.08	$13,122
Jun 2004	0	1,621	36.10	6.43	$10,428
May 2004	0	1,413	37.48	6.49	$9,177
Apr 2004	0	1,759	34.47	5.86	$10,305
Mar 2004	202	1,749	34.36	5.53	$16,613
Feb 2004	0	1,820	32.45	5.51	$10,028
Jan 2004	0	1,562	32.03	6.30	$9,840
Dec 2003	184	1,490	30.26	6.30	$14,957
Nov 2003	0	1,450	28.80	4.60	$6,663
Oct 2003	0	1,584	28.17	4.76	$7,539
Sep 2003	0	1,479	26.31	4.75	$7,024
Aug 2003	0	1,398	29.76	5.13	$7,171
Jul 2003	174	1,500	29.41	5.17	$12,874
Jun 2003	0	1,707	28.56	5.98	$10,213
May 2003	182	1,351	26.59	5.97	$12,908
Apr 2003	0	1,222	26.67	5.41	$6,608
Mar 2003	194	2,012	31.14	6.10	$18,306
Feb 2003	0	1,914	33.48	7.93	$15,170
Jan 2003	0	2,244	30.31	5.58	$12,526
Dec 2002	0	1,862	26.91	4.85	$9,038
Nov 2002	0	1,939	24.66	4.14	$8,022
Oct 2002	179	1,344	26.46	4.23	$10,420
Sep 2002	0	1,677	27.44	3.64	$6,096
Aug 2002	0	1,807	25.96	3.16	$5,718
Jul 2002	203	272	24.58	3.06	$5,823
Jun 2002	0	643	23.73	3.34	$2,146
May 2002	0	1,794	24.66	3.58	$6,430
Apr 2002	0	909	23.65	3.51	$3,193
Mar 2002	197	1,462	22.00	3.10	$8,870
Feb 2002	0	2,014	18.22	2.38	$4,785
Jan 2002	199	2,442	17.17	2.38	$9,218
Dec 2001	0	2,296	16.93	2.36	$5,429
Nov 2001	0	2,226	18.07	2.41	$5,355
Oct 2001	190	2,109	19.78	2.53	$9,092
Sep 2001	0	1,986	24.26	2.25	$4,471
Aug 2001	0	2,359	24.87	3.05	$7,202
Jul 2001	0	2,400	23.93	3.20	$7,673
Jun 2001	192	2,353	24.56	3.82	$13,714
May 2001	0	1,623	25.52	4.31	$6,991
Apr 2001	347	1,841	24.68	5.34	$18,386
Mar 2001	0	2,192	24.54	5.38	$11,785
Feb 2001	0	1,847	27.75	5.77	$10,652
Jan 2001	0	2,166	27.47	8.40	$18,192
Dec 2000	257	2,127	26.88	9.12	$26,312
Nov 2000	0	2,096	32.21	5.66	$11,859
Oct 2000	0	889	31.23	5.15	$4,574
Sep 2000	178	147	31.87	5.19	$6,435
Aug 2000	0	273	29.64	4.54	$1,240
Jul 2000	0	429	28.53	4.09	$1,755
Jun 2000	145	819	29.30	4.40	$7,850
May 2000	0	917	27.26	3.68	$3,374
Apr 2000	239	777	24.51	3.12	$8,279
Mar 2000	0	907	28.42	2.86	$2,594
Feb 2000	0	932	27.62	2.73	$2,541
Jan 2000	292	1,202	25.27	2.48	$10,360
Dec 1999	0	1,513	24.28	2.42	$3,667
Nov 1999	362	1,449	23.19	2.43	$11,922
Oct 1999	0	1,202	20.98	2.80	$3,370
Sep 1999	0	367	21.75	2.62	$961
Aug 1999	345	577	19.26	2.88	$8,304
Jul 1999	0	1,189	17.89	2.37	$2,821
Jun 1999	0	1,609	15.94	2.36	$3,801
May 1999	0	1,289	15.79	2.32	$2,992
Apr 1999	0	1,238	15.10	2.21	$2,734
Mar 1999	0	1,719	12.47	1.84	$3,160
Feb 1999	0	1,084	9.98	1.82	$1,970
Jan 1999	354	1,706	10.38	1.90	$6,916
Dec 1998	0	1,726	9.20	1.77	$3,061
Nov 1998	0	1,738	10.89	2.19	$3,799
Oct 1998	330	1,786	12.42	1.97	$7,616
Sep 1998	0	520	12.59	2.08	$1,083
Aug 1998	340	1,692	11.30	1.91	$7,069
Jul 1998	0	1,257	11.74	2.24	$2,812
Jun 1998	0	231	11.24	2.24	$517
May 1998	352	717	12.62	2.21	$6,024
Apr 1998	0	895	13.04	2.51	$2,242
Mar 1998	0	1,637	12.80	2.31	$3,781
Feb 1998	319	1,501	13.95	2.30	$7,901
Jan 1998	0	1,610	14.70	2.15	$3,469
Dec 1997	0	1,628	16.32	2.41	$3,925
Nov 1997	340	1,678	18.19	3.09	$11,367
Oct 1997	0	940	19.25	3.15	$2,961
Sep 1997	0	875	17.74	2.95	$2,586
Aug 1997	325	1,277	17.86	2.55	$9,067
Jul 1997	0	370	17.58	2.25	$831
Jun 1997	0	817	17.24	2.26	$1,844
May 1997	0	1,029	18.97	2.31	$2,375
Apr 1997	0	1,326	17.88	2.08	$2,762
Mar 1997	350	974	18.95	1.94	$8,521
Feb 1997	0	1,236	20.49	2.21	$2,726
Jan 1997	0	1,921	23.48	3.54	$6,800
Dec 1996	277	2,048	23.32	—	$6,460
Nov 1996	0	1,913	21.97	—	$0
Oct 1996	327	2,208	23.31	—	$7,622
Sep 1996	0	3,680	22.22	—	$0
Aug 1996	0	2,194	20.26	—	$0
Jul 1996	220	1,524	19.55	—	$4,301
Jun 1996	0	894	18.73	—	$0
May 1996	249	1,956	19.43	—	$4,838
Apr 1996	0	1,227	21.51	—	$0
Mar 1996	204	1,255	19.38	—	$3,954
Feb 1996	337	1,739	16.98	—	$5,722
Jan 1996	0	2,215	17.07	—	$0
Dec 1995	0	1,804	17.19	—	$0
Nov 1995	321	1,892	16.00	—	$5,136
Oct 1995	0	1,197	15.43	—	$0
Sep 1995	292	546	16.18	—	$4,725
Aug 1995	0	1,350	15.92	—	$0
Jul 1995	297	1,552	15.24	—	$4,526
Jun 1995	0	1,840	16.41	—	$0
May 1995	243	2,241	17.56	—	$4,267
Apr 1995	334	2,252	17.73	—	$5,922
Mar 1995	0	1,407	16.44	—	$0
Feb 1995	0	1,547	16.58	—	$0
Jan 1995	312	1,820	15.92	—	$4,967
Dec 1994	0	2,165	15.03	—	$0
Nov 1994	0	2,734	15.90	—	$0
Oct 1994	0	1,434	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	1,760	16.13	—	$0
Jul 1994	265	2,077	17.56	—	$4,653
Jun 1994	333	2,391	17.09	—	$5,691
May 1994	0	2,957	15.88	—	$0
Apr 1994	349	2,586	14.14	—	$4,935
Mar 1994	0	2,616	12.46	—	$0
Feb 1994	318	1,746	12.50	—	$3,975
Jan 1994	324	2,749	12.66	—	$4,102
Dec 1993	326	2,911	12.33	—	$4,020
Nov 1993	0	2,959	14.49	—	$0
Oct 1993	298	1,918	15.85	—	$4,723
Sep 1993	348	2,536	15.03	—	$5,230
Aug 1993	0	2,837	15.66	—	$0
Jul 1993	325	3,322	15.46	—	$5,025
Jun 1993	0	3,363	16.79	—	$0
May 1993	317	3,232	17.68	—	$5,605
Apr 1993	331	3,129	18.05	—	$5,975
Mar 1993	333	3,375	18.14	—	$6,041
Feb 1993	0	2,795	17.90	—	$0
Jan 1993	317	3,236	16.93	—	$5,367

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.

Nov 2020 — as filed, then multipliedworked

Oil                   89 bbl  × $ 38.77 =     $3,451
Casinghead gas         0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $3,451

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/6596 is the state's own key, not one this site invented.