NEWMAN /SWASTIKA/ UNIT

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

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) in the NEWMAN (SWASTIKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10542District 7BField 65343500OilCasinghead gasSave Export

Value, all time

$4.8 M

Jan 1993 – Feb 2020

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

326

no gaps in the span

Streams

oil, casinghead gas

The NEWMAN (SWASTIKA) 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 15 leases and 61 wells, and the rule below applies to all of them.

Discovered

1957-01-06

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres.

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	141,930 bbl	$4,829,157
Casinghead gas	Production	408 Mcf	$302
Total			$4,829,459

291 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 (25)

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 32.5965, -100.2973. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.8 miles.

32.59648, -100.29667 · 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

96.0%

24 of 25 wells

With a plug date

72.0%

18 of 25 wells

Median depth

3,922 ft

19 wells filed one

Completion to plug

24.5 years

median over 7 wells

What the state filed about each well

On the RRC proration schedule

2496.0%

A plug date is filed

1872.0%

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

1872.0%

NeitherNo plug date, and not on the schedule.

14.0%

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

Total depth in feet, 19 of 25 wells. Median 3,922 ft, with the middle half between 3,897 and 3,958 ft; the shallowest is 3,830 ft and the deepest 3,985 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

Last completion by decade, 8 of 25 wells, Apr 1957 – Feb 2009. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Apr 1957 – Feb 2009

8 of 25 wells; 17 filed none

Plug dates filed

Mar 1983 – May 2019

18 of 25 wells; 7 filed none

Last completion to plug: a median of 24.5 years across the 7 wells that filed both dates, with the middle half between 15.8 years and 26.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

25 wells


42-15100141	81	—	—	—	Yes
42-15100142	71	3,880 ft	—	May 2019	Yes
42-15100144	72	3,900 ft	—	Jun 2003	Yes
42-15101358	31	—	—	—	Yes
42-15101360	21	—	—	—	Yes
42-15101362	23	3,930 ft	—	Oct 1983	Yes
42-15101364	42	3,900 ft	—	May 2019	Yes
42-15101365	43	3,830 ft	—	Oct 1983	Yes
42-15101498	13	3,922 ft	—	Nov 1983	Yes
42-15102043	101	3,970 ft	—	Nov 1983	Yes
42-15102045	103	3,934 ft	—	Nov 2008	Yes
42-15102057	121	3,970 ft	—	Nov 1983	Yes
42-15102059	123	—	—	—	Yes
42-15102064	62	—	—	—	Yes
42-15102069	92	3,920 ft	—	Jul 2003	Yes
42-15102072	111	3,985 ft	—	Jul 2003	Yes
42-15110157	62B	—	—	—	Yes
42-15132677	103R	3,903 ft	Feb 2009	—	—
42-15102044	102	3,967 ft	Apr 2001	Nov 2008	Yes
42-15130792	1	3,893 ft	Apr 1998	Mar 2001	Yes
42-15101497	12	3,960 ft	Apr 1959	Oct 1983	Yes
42-15102068	91	3,930 ft	Apr 1959	Mar 1983	Yes
42-15102040	52	3,956 ft	Oct 1958	Jan 1999	Yes
42-15101366	44	3,880 ft	Jun 1957	Nov 1983	Yes
42-15101359	32	3,891 ft	Apr 1957	Mar 1983	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 (326)

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

326 months


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	128	0	62.63	2.75	$8,017
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	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	177	0	46.19	3.09	$8,176
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	188	0	32.36	2.00	$6,084
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	179	0	44.66	2.98	$7,994
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	196	0	54.69	3.59	$10,719
Nov 2014	192	0	70.46	4.25	$13,528
Oct 2014	177	0	78.30	3.90	$13,859
Sep 2014	183	0	86.16	4.05	$15,767
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	190	0	96.56	4.18	$18,346
Jun 2014	182	0	98.16	4.74	$17,865
May 2014	187	0	94.73	4.73	$17,715
Apr 2014	188	0	95.94	4.81	$18,037
Mar 2014	185	0	95.89	5.06	$17,740
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	185	0	90.40	4.86	$16,724
Dec 2013	185	0	91.82	4.35	$16,987
Nov 2013	187	0	88.85	3.74	$16,615
Oct 2013	190	0	97.42	3.78	$18,510
Sep 2013	186	0	104.11	3.72	$19,364
Aug 2013	190	0	104.25	3.52	$19,808
Jul 2013	189	0	102.52	3.72	$19,376
Jun 2013	131	0	94.40	3.93	$12,366
May 2013	175	0	94.83	4.15	$16,595
Apr 2013	191	0	93.96	4.28	$17,946
Mar 2013	182	0	93.62	3.91	$17,039
Feb 2013	185	0	91.23	3.42	$16,878
Jan 2013	191	0	91.60	3.42	$17,496
Dec 2012	189	0	86.77	3.42	$16,400
Nov 2012	374	0	86.95	3.62	$32,519
Oct 2012	186	0	89.38	3.40	$16,625
Sep 2012	187	0	94.67	2.92	$17,703
Aug 2012	359	0	92.66	2.91	$33,265
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	182	0	79.82	2.52	$14,527
May 2012	360	0	91.61	2.49	$32,980
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	343	0	105.05	2.22	$36,032
Feb 2012	377	0	101.10	2.57	$38,115
Jan 2012	383	0	98.09	2.73	$37,568
Dec 2011	375	0	96.87	3.24	$36,326
Nov 2011	194	0	95.72	3.31	$18,570
Oct 2011	368	0	84.98	3.65	$31,273
Sep 2011	374	0	83.62	3.99	$31,274
Aug 2011	372	0	83.40	4.15	$31,025
Jul 2011	187	0	94.14	4.52	$17,604
Jun 2011	523	0	92.90	4.64	$48,587
May 2011	356	0	98.13	4.40	$34,934
Apr 2011	188	0	105.96	4.33	$19,920
Mar 2011	381	0	96.36	4.06	$36,713
Feb 2011	569	0	85.64	4.18	$48,729
Jan 2011	380	0	86.50	4.59	$32,870
Dec 2010	189	0	85.73	4.35	$16,203
Nov 2010	379	0	80.84	3.80	$30,638
Oct 2010	563	0	78.10	3.51	$43,970
Sep 2010	367	0	72.63	3.98	$26,655
Aug 2010	376	0	73.68	4.42	$27,704
Jul 2010	173	0	72.55	4.74	$12,551
Jun 2010	556	0	70.36	4.91	$39,120
May 2010	369	0	71.12	4.24	$26,243
Apr 2010	358	0	81.69	4.12	$29,245
Mar 2010	562	0	78.39	4.39	$44,055
Feb 2010	376	0	73.58	5.44	$27,666
Jan 2010	573	0	74.36	5.96	$42,608
Dec 2009	385	0	71.44	5.48	$27,504
Nov 2009	383	0	74.59	3.75	$28,568
Oct 2009	374	0	72.54	4.11	$27,130
Sep 2009	365	0	65.54	3.06	$23,922
Aug 2009	365	0	67.42	3.22	$24,608
Jul 2009	190	0	61.13	3.46	$11,615
Jun 2009	383	0	66.16	3.90	$25,339
May 2009	190	0	54.74	3.93	$10,401
Apr 2009	373	0	46.77	3.59	$17,445
Mar 2009	360	0	42.14	4.06	$15,170
Feb 2009	182	0	32.81	4.63	$5,971
Jan 2009	172	0	35.86	5.37	$6,168
Dec 2008	186	0	37.10	5.98	$6,901
Nov 2008	189	0	55.49	6.86	$10,488
Oct 2008	181	0	75.24	6.92	$13,618
Sep 2008	190	0	101.76	7.88	$19,334
Aug 2008	182	0	114.22	8.48	$20,788
Jul 2008	179	0	131.08	11.39	$23,463
Jun 2008	194	0	131.33	13.03	$25,478
May 2008	192	0	123.17	11.57	$23,649
Apr 2008	167	0	110.31	10.45	$18,422
Mar 2008	186	0	101.90	9.66	$18,953
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	192	0	90.38	8.21	$17,353
Dec 2007	195	0	88.33	7.30	$17,224
Nov 2007	380	0	91.67	7.29	$34,835
Oct 2007	383	0	82.85	6.92	$31,732
Sep 2007	189	0	75.84	6.24	$14,334
Aug 2007	368	0	69.06	6.39	$25,414
Jul 2007	368	0	70.90	6.39	$26,091
Jun 2007	376	0	62.00	7.55	$23,312
May 2007	379	0	58.74	7.85	$22,262
Apr 2007	529	0	59.61	7.81	$31,534
Mar 2007	186	0	56.92	7.30	$10,587
Feb 2007	366	0	55.10	8.22	$20,167
Jan 2007	193	0	50.30	6.73	$9,708
Dec 2006	557	0	56.65	6.92	$31,554
Nov 2006	375	0	54.20	7.62	$20,325
Oct 2006	541	0	54.90	6.01	$29,701
Sep 2006	377	0	60.08	5.04	$22,650
Aug 2006	565	0	68.71	7.34	$38,821
Jul 2006	370	0	69.37	6.34	$25,667
Jun 2006	550	0	66.28	6.38	$36,454
May 2006	379	0	66.01	6.42	$25,018
Apr 2006	376	0	64.39	7.36	$24,211
Mar 2006	329	0	56.70	7.08	$18,654
Feb 2006	364	0	57.59	7.75	$20,963
Jan 2006	549	0	60.59	8.93	$33,264
Dec 2005	335	0	54.94	13.42	$18,405
Nov 2005	557	0	54.69	10.59	$30,462
Oct 2005	344	0	58.34	13.80	$20,069
Sep 2005	541	0	61.45	12.08	$33,244
Aug 2005	366	0	61.51	9.80	$22,513
Jul 2005	378	0	55.69	7.84	$21,051
Jun 2005	186	0	52.33	7.38	$9,733
May 2005	556	0	45.22	6.65	$25,142
Apr 2005	327	0	49.20	7.36	$16,088
Mar 2005	529	0	50.37	7.15	$26,646
Feb 2005	524	0	45.22	6.31	$23,695
Jan 2005	356	0	43.16	6.32	$15,365
Dec 2004	516	0	39.86	6.75	$20,568
Nov 2004	552	0	45.28	6.33	$24,995
Oct 2004	559	0	49.70	6.52	$27,782
Sep 2004	540	0	43.24	5.28	$23,350
Aug 2004	547	0	42.37	5.55	$23,176
Jul 2004	561	0	38.28	6.08	$21,475
Jun 2004	541	0	36.10	6.43	$19,530
May 2004	538	0	37.48	6.49	$20,164
Apr 2004	342	0	34.47	5.86	$11,789
Mar 2004	536	0	34.36	5.53	$18,417
Feb 2004	527	0	32.45	5.51	$17,101
Jan 2004	702	0	32.03	6.30	$22,485
Dec 2003	529	0	30.26	6.30	$16,008
Nov 2003	552	0	28.80	4.60	$15,898
Oct 2003	520	0	28.17	4.76	$14,648
Sep 2003	518	0	26.31	4.75	$13,629
Aug 2003	175	0	29.76	5.13	$5,208
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	173	0	28.56	5.98	$4,941
May 2003	344	0	26.59	5.97	$9,147
Apr 2003	354	0	26.67	5.41	$9,441
Mar 2003	897	0	31.14	6.10	$27,933
Feb 2003	191	0	33.48	7.93	$6,395
Jan 2003	518	0	30.31	5.58	$15,701
Dec 2002	514	0	26.91	4.85	$13,832
Nov 2002	502	0	24.66	4.14	$12,379
Oct 2002	496	0	26.46	4.23	$13,124
Sep 2002	515	0	27.44	3.64	$14,132
Aug 2002	317	0	25.96	3.16	$8,229
Jul 2002	330	0	24.58	3.06	$8,111
Jun 2002	640	0	23.73	3.34	$15,187
May 2002	506	0	24.66	3.58	$12,478
Apr 2002	501	0	23.65	3.51	$11,849
Mar 2002	498	0	22.00	3.10	$10,956
Feb 2002	544	0	18.22	2.38	$9,912
Jan 2002	357	0	17.17	2.38	$6,130
Dec 2001	683	0	16.93	2.36	$11,563
Nov 2001	344	0	18.07	2.41	$6,216
Oct 2001	704	0	19.78	2.53	$13,925
Sep 2001	510	0	24.26	2.25	$12,373
Aug 2001	514	0	24.87	3.05	$12,783
Jul 2001	689	0	23.93	3.20	$16,488
Jun 2001	856	0	24.56	3.82	$21,023
May 2001	513	0	25.52	4.31	$13,092
Apr 2001	347	0	24.68	5.34	$8,564
Mar 2001	514	0	24.54	5.38	$12,614
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	177	1	26.88	9.12	$4,767
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	345	1	31.23	5.15	$10,780
Sep 2000	883	1	31.87	5.19	$28,146
Aug 2000	862	1	29.64	4.54	$25,554
Jul 2000	876	1	28.53	4.09	$24,996
Jun 2000	1,046	1	29.30	4.40	$30,652
May 2000	880	1	27.26	3.68	$23,992
Apr 2000	882	1	24.51	3.12	$21,621
Mar 2000	1,061	1	28.42	2.86	$30,156
Feb 2000	900	1	27.62	2.73	$24,861
Jan 2000	886	1	25.27	2.48	$22,392
Dec 1999	908	1	24.28	2.42	$22,049
Nov 1999	887	1	23.19	2.43	$20,572
Oct 1999	897	1	20.98	2.80	$18,822
Sep 1999	879	1	21.75	2.62	$19,121
Aug 1999	1,059	1	19.26	2.88	$20,399
Jul 1999	1,056	1	17.89	2.37	$18,894
Jun 1999	873	1	15.94	2.36	$13,918
May 1999	907	1	15.79	2.32	$14,324
Apr 1999	1,065	1	15.10	2.21	$16,084
Mar 1999	1,081	1	12.47	1.84	$13,482
Feb 1999	899	1	9.98	1.82	$8,974
Jan 1999	736	1	10.38	1.90	$7,642
Dec 1998	1,082	1	9.20	1.77	$9,956
Nov 1998	898	4	10.89	2.19	$9,788
Oct 1998	889	4	12.42	1.97	$11,049
Sep 1998	1,072	4	12.59	2.08	$13,505
Aug 1998	871	4	11.30	1.91	$9,850
Jul 1998	1,058	4	11.74	2.24	$12,430
Jun 1998	359	4	11.24	2.24	$4,044
May 1998	719	4	12.62	2.21	$9,083
Apr 1998	1,074	4	13.04	2.51	$14,015
Mar 1998	882	4	12.80	2.31	$11,299
Feb 1998	888	4	13.95	2.30	$12,397
Jan 1998	1,087	4	14.70	2.15	$15,988
Dec 1997	903	4	16.32	2.41	$14,747
Nov 1997	895	4	18.19	3.09	$16,292
Oct 1997	1,275	4	19.25	3.15	$24,556
Sep 1997	1,236	4	17.74	2.95	$21,938
Aug 1997	1,065	4	17.86	2.55	$19,031
Jul 1997	1,424	4	17.58	2.25	$25,043
Jun 1997	896	4	17.24	2.26	$15,456
May 1997	1,089	4	18.97	2.31	$20,668
Apr 1997	1,070	4	17.88	2.08	$19,140
Mar 1997	879	4	18.95	1.94	$16,665
Feb 1997	717	4	20.49	2.21	$14,700
Jan 1997	902	4	23.48	3.54	$21,193
Dec 1996	733	4	23.32	—	$17,094
Nov 1996	712	4	21.97	—	$15,643
Oct 1996	710	4	23.31	—	$16,550
Sep 1996	545	4	22.22	—	$12,110
Aug 1996	695	4	20.26	—	$14,081
Jul 1996	698	4	19.55	—	$13,646
Jun 1996	696	4	18.73	—	$13,036
May 1996	705	4	19.43	—	$13,698
Apr 1996	714	4	21.51	—	$15,358
Mar 1996	521	4	19.38	—	$10,097
Feb 1996	715	4	16.98	—	$12,141
Jan 1996	703	4	17.07	—	$12,000
Dec 1995	733	4	17.19	—	$12,600
Nov 1995	715	4	16.00	—	$11,440
Oct 1995	736	4	15.43	—	$11,356
Sep 1995	752	4	16.18	—	$12,167
Aug 1995	727	4	15.92	—	$11,574
Jul 1995	712	4	15.24	—	$10,851
Jun 1995	699	4	16.41	—	$11,471
May 1995	708	5	17.56	—	$12,432
Apr 1995	702	5	17.73	—	$12,446
Mar 1995	856	5	16.44	—	$14,073
Feb 1995	533	5	16.58	—	$8,837
Jan 1995	713	5	15.92	—	$11,351
Dec 1994	1,037	5	15.03	—	$15,586
Nov 1994	1,054	4	15.90	—	$16,759
Oct 1994	878	4	15.58	—	$13,679
Sep 1994	1,046	4	15.29	—	$15,993
Aug 1994	871	4	16.13	—	$14,049
Jul 1994	1,216	10	17.56	—	$21,353
Jun 1994	882	10	17.09	—	$15,073
May 1994	899	9	15.88	—	$14,276
Apr 1994	1,056	9	14.14	—	$14,932
Mar 1994	895	9	12.46	—	$11,152
Feb 1994	696	9	12.50	—	$8,700
Jan 1994	871	9	12.66	—	$11,027
Dec 1993	518	9	12.33	—	$6,387
Nov 1993	873	9	14.49	—	$12,650
Oct 1993	1,194	9	15.85	—	$18,925
Sep 1993	864	9	15.03	—	$12,986
Aug 1993	869	9	15.66	—	$13,609
Jul 1993	1,059	9	15.46	—	$16,372
Jun 1993	882	9	16.79	—	$14,809
May 1993	1,032	8	17.68	—	$18,246
Apr 1993	1,070	8	18.05	—	$19,314
Mar 1993	878	8	18.14	—	$15,927
Feb 1993	976	8	17.90	—	$17,470
Jan 1993	910	9	16.93	—	$15,406

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 2019 — as filed, then multipliedworked

Oil                  128 bbl  × $ 62.63 =     $8,017
Casinghead gas         0 Mcf  × $  2.75 =         $0

────────────────────────────────────────────────────
Month total                                   $8,017

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. 7B/O/10542 is the state's own key, not one this site invented.