RUTHERFORD, W. Z. -D-

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

Operated by FLYING W RESOURCES, LLC (P-5 274919) in the FRANKIRK, E. (PALO PINTO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11828District 7BField 32654664OilCasinghead gasSave Export

Value, all time

$2.0 M

Jan 1993 – Mar 2024

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

375

no gaps in the span

Streams

oil, casinghead gas

The FRANKIRK, E. (PALO PINTO) 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 5 leases and 9 wells, and the rule below applies to all of them.

Discovered

1963-08-04

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	36,574 bbl	$1,800,666
Casinghead gas	Production	54,292 Mcf	$245,890
Total			$2,046,556

1,257 Mcf of this lease's gas, across 7 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 33.0349, -100.2227. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03489, -100.22272 · 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

6,147 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

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 6,147 ft.

Plug dates filed

Oct 2023

1 of 1 wells

1 well


42-43300552	1	6,147 ft	—	Oct 2023	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 (375)

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

375 months


Mar 2024	0	0	80.30	1.55	$0
Feb 2024	0	0	76.09	1.78	$0
Jan 2024	0	0	73.02	3.30	$0
Dec 2023	58	0	71.26	2.61	$4,133
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	80	0	85.44	3.09	$6,835
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	0	0	74.85	2.64	$0
Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	178	0	101.58	7.54	$18,081
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	107	0	104.22	6.84	$11,152
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	176	0	79.79	5.71	$14,043
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	170	0	66.02	4.22	$11,223
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	169	0	69.49	3.38	$11,744
May 2021	171	0	63.48	3.02	$10,855
Apr 2021	171	0	60.36	2.76	$10,322
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	174	0	50.41	2.81	$8,771
Dec 2020	172	0	44.64	2.68	$7,678
Nov 2020	172	0	38.77	2.71	$6,668
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	170	0	39.98	2.39	$6,797
Jul 2020	171	0	38.37	1.83	$6,561
Jun 2020	0	0	34.90	1.69	$0
May 2020	268	0	16.92	1.81	$4,535
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	160	0	30.34	1.86	$4,854
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	171	0	59.01	2.30	$10,091
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	170	0	53.47	2.42	$9,090
Sep 2019	168	0	55.05	2.66	$9,248
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	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	2	0	45.37	3.26	$91
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	168	0	48.76	3.72	$8,192
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	167	0	41.55	3.10	$6,939
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	163	0	41.62	2.92	$6,784
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	168	0	36.56	1.99	$6,142
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	170	0	26.47	2.06	$4,500
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	166	0	32.36	2.00	$5,372
Nov 2015	0	8	38.79	2.17	$17
Oct 2015	56	60	43.55	2.43	$2,584
Sep 2015	109	54	42.99	2.76	$4,835
Aug 2015	0	46	40.16	2.87	$132
Jul 2015	164	117	48.15	2.95	$8,241
Jun 2015	0	11	56.15	2.88	$32
May 2015	162	49	55.21	2.96	$9,089
Apr 2015	0	47	49.82	2.71	$127
Mar 2015	0	39	42.89	2.93	$114
Feb 2015	165	12	44.66	2.98	$7,405
Jan 2015	0	28	43.43	3.10	$87
Dec 2014	0	56	54.69	3.59	$201
Nov 2014	168	56	70.46	4.25	$12,075
Oct 2014	171	143	78.30	3.90	$13,947
Sep 2014	0	108	86.16	4.05	$437
Aug 2014	166	154	89.39	4.04	$15,460
Jul 2014	168	152	96.56	4.18	$16,857
Jun 2014	0	150	98.16	4.74	$711
May 2014	164	154	94.73	4.73	$16,264
Apr 2014	155	145	95.94	4.81	$15,568
Mar 2014	168	142	95.89	5.06	$16,828
Feb 2014	166	1,011	97.40	6.19	$22,429
Jan 2014	0	67	90.40	4.86	$326
Dec 2013	165	111	91.82	4.35	$15,634
Nov 2013	174	129	88.85	3.74	$15,942
Oct 2013	0	141	97.42	3.78	$533
Sep 2013	161	147	104.11	3.72	$17,308
Aug 2013	169	154	104.25	3.52	$18,161
Jul 2013	168	154	102.52	3.72	$17,796
Jun 2013	0	129	94.40	3.93	$507
May 2013	0	136	94.83	4.15	$564
Apr 2013	171	133	93.96	4.28	$16,637
Mar 2013	172	131	93.62	3.91	$16,615
Feb 2013	0	115	91.23	3.42	$393
Jan 2013	176	133	91.60	3.42	$16,576
Dec 2012	172	141	86.77	3.42	$15,407
Nov 2012	0	142	86.95	3.62	$515
Oct 2012	173	151	89.38	3.40	$15,976
Sep 2012	178	163	94.67	2.92	$17,327
Aug 2012	175	171	92.66	2.91	$16,713
Jul 2012	0	177	85.13	3.02	$535
Jun 2012	175	174	79.82	2.52	$14,407
May 2012	176	196	91.61	2.49	$16,611
Apr 2012	177	187	101.65	2.00	$18,365
Mar 2012	0	129	105.05	2.22	$287
Feb 2012	176	163	101.10	2.57	$18,213
Jan 2012	178	166	98.09	2.73	$17,914
Dec 2011	177	177	96.87	3.24	$17,719
Nov 2011	0	134	95.72	3.31	$444
Oct 2011	178	186	84.98	3.65	$15,805
Sep 2011	175	161	83.62	3.99	$15,275
Aug 2011	177	201	83.40	4.15	$15,596
Jul 2011	0	176	94.14	4.52	$795
Jun 2011	175	184	92.90	4.64	$17,111
May 2011	178	190	98.13	4.40	$18,304
Apr 2011	179	184	105.96	4.33	$19,764
Mar 2011	0	119	96.36	4.06	$483
Feb 2011	177	144	85.64	4.18	$15,760
Jan 2011	175	181	86.50	4.59	$15,968
Dec 2010	0	179	85.73	4.35	$778
Nov 2010	184	170	80.84	3.80	$15,520
Oct 2010	354	182	78.10	3.51	$28,286
Sep 2010	0	184	72.63	3.98	$732
Aug 2010	0	206	73.68	4.42	$910
Jul 2010	178	220	72.55	4.74	$13,956
Jun 2010	176	138	70.36	4.91	$13,061
May 2010	0	160	71.12	4.24	$678
Apr 2010	181	185	81.69	4.12	$15,549
Mar 2010	180	199	78.39	4.39	$14,984
Feb 2010	0	151	73.58	5.44	$822
Jan 2010	181	200	74.36	5.96	$14,652
Dec 2009	0	206	71.44	5.48	$1,130
Nov 2009	181	210	74.59	3.75	$14,289
Oct 2009	178	209	72.54	4.11	$13,771
Sep 2009	0	183	65.54	3.06	$561
Aug 2009	175	169	67.42	3.22	$12,342
Jul 2009	181	169	61.13	3.46	$11,650
Jun 2009	0	131	66.16	3.90	$510
May 2009	175	139	54.74	3.93	$10,125
Apr 2009	177	98	46.77	3.59	$8,630
Mar 2009	176	124	42.14	4.06	$7,920
Feb 2009	0	72	32.81	4.63	$334
Jan 2009	179	92	35.86	5.37	$6,913
Dec 2008	178	97	37.10	5.98	$7,184
Nov 2008	0	61	55.49	6.86	$418
Oct 2008	180	63	75.24	6.92	$13,979
Sep 2008	178	85	101.76	7.88	$18,783
Aug 2008	0	96	114.22	8.48	$814
Jul 2008	175	116	131.08	11.39	$24,260
Jun 2008	0	98	131.33	13.03	$1,277
May 2008	173	139	123.17	11.57	$22,917
Apr 2008	178	120	110.31	10.45	$20,890
Mar 2008	164	142	101.90	9.66	$18,084
Feb 2008	0	144	92.53	8.77	$1,263
Jan 2008	172	190	90.38	8.21	$17,104
Dec 2007	0	173	88.33	7.30	$1,263
Nov 2007	134	200	91.67	7.29	$13,742
Oct 2007	162	182	82.85	6.92	$14,682
Sep 2007	164	202	75.84	6.24	$13,699
Aug 2007	165	227	69.06	6.39	$12,845
Jul 2007	0	210	70.90	6.39	$1,341
Jun 2007	165	214	62.00	7.55	$11,845
May 2007	156	210	58.74	7.85	$10,811
Apr 2007	177	101	59.61	7.81	$11,339
Mar 2007	155	172	56.92	7.30	$10,079
Feb 2007	0	152	55.10	8.22	$1,249
Jan 2007	182	195	50.30	6.73	$10,466
Dec 2006	131	217	56.65	6.92	$8,922
Nov 2006	165	199	54.20	7.62	$10,459
Oct 2006	171	207	54.90	6.01	$10,633
Sep 2006	0	207	60.08	5.04	$1,043
Aug 2006	150	228	68.71	7.34	$11,980
Jul 2006	252	224	69.37	6.34	$18,902
Jun 2006	0	213	66.28	6.38	$1,360
May 2006	137	198	66.01	6.42	$10,316
Apr 2006	141	215	64.39	7.36	$10,661
Mar 2006	135	259	56.70	7.08	$9,489
Feb 2006	156	178	57.59	7.75	$10,364
Jan 2006	180	227	60.59	8.93	$12,934
Dec 2005	179	220	54.94	13.42	$12,786
Nov 2005	107	260	54.69	10.59	$8,605
Oct 2005	97	291	58.34	13.80	$9,674
Sep 2005	153	233	61.45	12.08	$12,216
Aug 2005	143	282	61.51	9.80	$11,559
Jul 2005	202	282	55.69	7.84	$13,461
Jun 2005	153	253	52.33	7.38	$9,874
May 2005	233	241	45.22	6.65	$12,139
Apr 2005	52	239	49.20	7.36	$4,318
Mar 2005	180	251	50.37	7.15	$10,862
Feb 2005	149	229	45.22	6.31	$8,183
Jan 2005	133	244	43.16	6.32	$7,283
Dec 2004	150	251	39.86	6.75	$7,674
Nov 2004	233	202	45.28	6.33	$11,829
Oct 2004	138	275	49.70	6.52	$8,650
Sep 2004	151	279	43.24	5.28	$8,003
Aug 2004	197	286	42.37	5.55	$9,934
Jul 2004	153	274	38.28	6.08	$7,524
Jun 2004	131	203	36.10	6.43	$6,035
May 2004	136	298	37.48	6.49	$7,033
Apr 2004	185	293	34.47	5.86	$8,093
Mar 2004	164	306	34.36	5.53	$7,327
Feb 2004	136	290	32.45	5.51	$6,011
Jan 2004	176	323	32.03	6.30	$7,672
Dec 2003	190	336	30.26	6.30	$7,867
Nov 2003	148	339	28.80	4.60	$5,820
Oct 2003	377	359	28.17	4.76	$12,329
Sep 2003	0	360	26.31	4.75	$1,710
Aug 2003	131	376	29.76	5.13	$5,827
Jul 2003	127	416	29.41	5.17	$5,886
Jun 2003	157	407	28.56	5.98	$6,919
May 2003	0	396	26.59	5.97	$2,365
Apr 2003	163	371	26.67	5.41	$6,353
Mar 2003	195	385	31.14	6.10	$8,419
Feb 2003	173	332	33.48	7.93	$8,423
Jan 2003	197	370	30.31	5.58	$8,036
Dec 2002	275	379	26.91	4.85	$9,240
Nov 2002	0	372	24.66	4.14	$1,539
Oct 2002	186	413	26.46	4.23	$6,668
Sep 2002	180	241	27.44	3.64	$5,815
Aug 2002	200	458	25.96	3.16	$6,641
Jul 2002	168	425	24.58	3.06	$5,431
Jun 2002	164	436	23.73	3.34	$5,347
May 2002	193	428	24.66	3.58	$6,293
Apr 2002	220	280	23.65	3.51	$6,186
Mar 2002	202	288	22.00	3.10	$5,338
Feb 2002	204	253	18.22	2.38	$4,318
Jan 2002	209	243	17.17	2.38	$4,166
Dec 2001	197	248	16.93	2.36	$3,922
Nov 2001	224	367	18.07	2.41	$4,931
Oct 2001	125	189	19.78	2.53	$2,950
Sep 2001	0	149	24.26	2.25	$335
Aug 2001	166	343	24.87	3.05	$5,176
Jul 2001	217	343	23.93	3.20	$6,289
Jun 2001	186	346	24.56	3.82	$5,891
May 2001	199	458	25.52	4.31	$7,051
Apr 2001	0	82	24.68	5.34	$438
Mar 2001	181	216	24.54	5.38	$5,603
Feb 2001	0	339	27.75	5.77	$1,955
Jan 2001	223	379	27.47	8.40	$9,309
Dec 2000	176	377	26.88	9.12	$8,170
Nov 2000	189	361	32.21	5.66	$8,130
Oct 2000	202	383	31.23	5.15	$8,279
Sep 2000	147	422	31.87	5.19	$6,874
Aug 2000	202	390	29.64	4.54	$7,758
Jul 2000	183	437	28.53	4.09	$7,008
Jun 2000	196	416	29.30	4.40	$7,572
May 2000	199	449	27.26	3.68	$7,077
Apr 2000	202	421	24.51	3.12	$6,263
Mar 2000	204	411	28.42	2.86	$6,973
Feb 2000	177	376	27.62	2.73	$5,914
Jan 2000	218	397	25.27	2.48	$6,494
Dec 1999	214	380	24.28	2.42	$6,117
Nov 1999	186	401	23.19	2.43	$5,289
Oct 1999	193	413	20.98	2.80	$5,207
Sep 1999	198	423	21.75	2.62	$5,414
Aug 1999	182	432	19.26	2.88	$4,748
Jul 1999	214	438	17.89	2.37	$4,868
Jun 1999	155	392	15.94	2.36	$3,397
May 1999	329	415	15.79	2.32	$6,158
Apr 1999	186	255	15.10	2.21	$3,372
Mar 1999	189	371	12.47	1.84	$3,039
Feb 1999	174	337	9.98	1.82	$2,349
Jan 1999	182	323	10.38	1.90	$2,503
Dec 1998	181	324	9.20	1.77	$2,240
Nov 1998	182	354	10.89	2.19	$2,756
Oct 1998	157	162	12.42	1.97	$2,269
Sep 1998	0	168	12.59	2.08	$350
Aug 1998	180	355	11.30	1.91	$2,711
Jul 1998	176	348	11.74	2.24	$2,845
Jun 1998	151	315	11.24	2.24	$2,402
May 1998	179	228	12.62	2.21	$2,762
Apr 1998	184	326	13.04	2.51	$3,216
Mar 1998	169	307	12.80	2.31	$2,872
Feb 1998	189	229	13.95	2.30	$3,163
Jan 1998	216	286	14.70	2.15	$3,791
Dec 1997	200	259	16.32	2.41	$3,888
Nov 1997	0	134	18.19	3.09	$414
Oct 1997	187	267	19.25	3.15	$4,441
Sep 1997	164	272	17.74	2.95	$3,713
Aug 1997	144	280	17.86	2.55	$3,287
Jul 1997	176	285	17.58	2.25	$3,734
Jun 1997	150	269	17.24	2.26	$3,193
May 1997	166	285	18.97	2.31	$3,807
Apr 1997	184	285	17.88	2.08	$3,884
Mar 1997	133	293	18.95	1.94	$3,089
Feb 1997	176	277	20.49	2.21	$4,217
Jan 1997	180	324	23.48	3.54	$5,373
Dec 1996	159	213	23.32	—	$3,708
Nov 1996	338	193	21.97	—	$7,426
Oct 1996	0	216	23.31	—	$0
Sep 1996	0	204	22.22	—	$0
Aug 1996	127	195	20.26	—	$2,573
Jul 1996	0	205	19.55	—	$0
Jun 1996	0	31	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	0	0	17.73	—	$0
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	0	0	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	0	15.90	—	$0
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	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.

Dec 2023 — as filed, then multipliedworked

Oil                   58 bbl  × $ 71.26 =     $4,133
Casinghead gas         0 Mcf  × $  2.61 =         $0

────────────────────────────────────────────────────
Month total                                   $4,133

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/11828 is the state's own key, not one this site invented.