ATKINS, A. A.

Operated by TEXIAN OPERATING COMPANY, LLC (P-5 848681) in the STEPHENS COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3900District 7BField 85948001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$84.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 1,255 leases and 4,008 wells, and the rule below applies to all of them.

Discovered
1916-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 150 = 6000 TO 8000'

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

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.

StreamBasisVolumeValue
OilDisposition2,038,556 bbl$84,036,448
Casinghead gasProduction212,979 Mcf$846,424
Total$84,882,872

17,004 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 (34)

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 32.9009, -98.8032. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

32.90082, -98.80361 · 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
11.8%
4 of 34 wells
With a plug date
11.8%
4 of 34 wells
Median depth
3,348 ft
33 wells filed one
Completion to plug
12.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
411.8%
A plug date is filed
411.8%
BothOn the schedule and plugged. Neither fact cancels the other.
411.8%
NeitherNo plug date, and not on the schedule.
3088.2%

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, 33 of 34 wells. Median 3,348 ft, with the middle half between 3,311 and 3,370 ft; the shallowest is 3,228 ft and the deepest 3,520 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, 27 of 34 wells, Feb 1970 – Dec 2013. 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 1970 – Dec 2013
27 of 34 wells; 7 filed none
Plug dates filed
Jan 1981 – Jan 2005
4 of 34 wells; 30 filed none

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

34 wells

42-4290096223,228 ftJul 1988Yes
42-4298089563,230 ftJan 1981Yes
42-42982290123,234 ftSep 1983Yes
42-42930803193,329 ft
42-42930805203,347 ft
42-4298089683,280 ft
42-4298089714
42-4293686627R3,520 ftDec 2013
42-4293686131R3,400 ftDec 2013
42-42936707363,350 ftJan 2012
42-42936658423,410 ftOct 2011
42-42936688413,415 ftSep 2011
42-42936657393,390 ftJun 2011
42-42936629403,350 ftMay 2011
42-42936464373,380 ftSep 2008
42-4293643032X3,350 ftAug 2008
42-42936357383,340 ftDec 2007
42-42936354353,400 ftNov 2007
42-42936191333,350 ftApr 2006
42-42930804213,280 ftMay 1993
42-42935368323,370 ftJan 1993Jan 2005Yes
42-42931632223,348 ftJan 1993
42-42935093283,374 ftJan 1993
42-42935369313,354 ftDec 1992
42-42935367303,340 ftDec 1992
42-42935120293,311 ftApr 1989
42-42931696233,305 ftNov 1988
42-42935011263,336 ftSep 1988
42-42935012273,300 ftJun 1988
42-42932837253,296 ftJun 1981
42-42931836243,320 ftJul 1978
42-42980900183,350 ftFeb 1971
42-42930108173,315 ftJan 1971
42-42980898163,350 ftFeb 1970

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 20261,6130106.413.05$171,639
Apr 20261,610098.932.87$159,277
Mar 20261,895089.753.15$170,076
Feb 20261,256063.503.75$79,756
Jan 20261,623059.138.00$95,968
Dec 20251,873056.664.41$106,124
Nov 20251,008058.593.93$59,059
Oct 20251,899059.383.30$112,763
Sep 20252,245062.743.08$140,851
Aug 20252,251063.933.01$143,906
Jul 20252,237066.743.32$149,297
Jun 20252,522066.483.13$167,663
May 20252,119060.553.23$128,305
Apr 20252,380062.363.54$148,417
Mar 20252,672067.704.27$180,894
Feb 20252,139070.884.34$151,612
Jan 20252,789074.324.28$207,278
Dec 20243,133068.993.12$216,146
Nov 20243,254069.052.20$224,689
Oct 20243,241071.372.28$231,310
Sep 20243,095069.612.36$215,443
Aug 20242,600075.632.06$196,638
Jul 20242,973079.932.15$237,632
Jun 20242,719078.082.63$212,300
May 20242,969078.812.20$233,987
Apr 20243,495084.451.66$295,153
Mar 20242,666080.301.55$214,080
Feb 20242,6887376.091.78$204,660
Jan 20249489373.023.30$69,530
Dec 20231,2109271.262.61$86,465
Nov 20231,23332377.892.81$96,945
Oct 20231,1028885.443.09$94,427
Sep 20231,7339789.042.74$154,572
Aug 20232,0448680.522.67$164,813
Jul 20232,1108674.852.64$158,161
Jun 20232,1498668.962.26$148,389
May 20232,2348670.622.23$157,957
Apr 20232,1648678.122.24$169,244
Mar 20232,2729072.852.39$165,731
Feb 20232,1397875.112.47$160,853
Jan 20232,44510576.533.39$187,472
Dec 20222,4569476.415.73$188,201
Nov 20222,4699785.005.65$210,413
Oct 20222,0859487.185.86$182,321
Sep 20222,7249184.888.16$231,956
Aug 20222,7799494.529.13$263,529
Jul 20222,350100101.587.54$239,467
Jun 20222,40398115.097.98$277,343
May 20222,461108109.378.43$270,070
Apr 20222,34598104.226.84$245,066
Mar 20222,516102108.885.08$274,460
Feb 20222,2769291.054.86$207,677
Jan 20222,42010281.844.54$198,516
Dec 20212,57210271.323.90$183,833
Nov 20212,4042177.435.24$186,252
Oct 20212,53910279.795.71$203,170
Sep 20211,85312569.865.35$130,119
Aug 20212,53012566.024.22$167,558
Jul 20212,36612970.783.98$167,979
Jun 20212,23013269.493.38$155,409
May 20212,20441963.483.02$141,174
Apr 20212,34619860.362.76$142,151
Mar 20212,55226361.302.72$157,152
Feb 20211,69216457.805.55$98,707
Jan 20211,94319450.412.81$98,492
Dec 20201,87118644.642.68$84,019
Nov 20201,60516038.772.71$62,659
Oct 20201,50516136.972.48$56,039
Sep 20201,34515637.091.99$50,197
Aug 20201,56416139.982.39$62,913
Jul 20201,77213938.371.83$68,245
Jun 20209182434.901.69$32,079
May 2020305116.921.81$5,162
Apr 20202,051014.751.80$30,252
Mar 20202,568030.341.86$77,913
Feb 20203,234049.881.98$161,312
Jan 20202,92222457.252.09$167,754
Dec 20192,66238359.012.30$157,967
Nov 20192,49024055.302.75$138,357
Oct 20192,72926753.472.42$146,565
Sep 20193,47223855.052.66$191,766
Aug 20192,12021253.112.30$113,082
Jul 20192,38730256.272.46$135,059
Jun 20192,34423652.782.49$124,304
May 20192,67125858.482.74$156,907
Apr 20192,40530962.632.75$151,475
Mar 20192,48249856.803.06$142,503
Feb 20192,45918550.852.79$125,557
Jan 20192,63135446.033.23$122,248
Dec 20182,72976346.594.19$130,338
Nov 20182,70759652.934.24$145,807
Oct 20182,66561461.443.40$165,824
Sep 20182,74458459.543.11$165,193
Aug 20182,59185959.403.07$156,540
Jul 20182,62088065.142.93$173,247
Jun 20183,19266460.183.08$194,138
May 20182,83868165.382.90$187,524
Apr 20183,09473763.842.90$199,659
Mar 20183,08866461.222.79$190,898
Feb 20183,40665461.782.77$212,232
Jan 20183,63549662.874.01$230,521
Dec 20173,85651357.272.92$222,332
Nov 20173,74770455.423.12$209,854
Oct 20174,02272949.292.98$200,419
Sep 20173,49590347.523.09$168,870
Aug 20173,60890345.373.00$166,408
Jul 20174,0711,10943.873.09$182,019
Jun 20173,6481,06142.493.09$158,279
May 20173,81249145.373.26$174,553
Apr 20173,85333047.933.21$185,734
Mar 20173,94253246.772.98$185,955
Feb 20173,48684850.452.95$178,373
Jan 20173,88938849.413.42$193,482
Dec 20164,05165748.763.72$199,973
Nov 20164,11387242.492.64$177,067
Oct 20163,5491,03946.193.09$167,139
Sep 20163,15844441.553.10$132,592
Aug 20163,06442641.442.92$128,218
Jul 20162,87385841.622.92$122,083
Jun 20162,85190345.352.69$131,718
May 20163,17981542.521.99$136,794
Apr 20162,78281136.561.99$103,325
Mar 20162,61385533.011.79$87,789
Feb 20162,96952526.472.06$79,673
Jan 20163,17584927.352.36$88,844
Dec 20153,60893632.362.00$118,628
Nov 20153,52794938.792.17$138,869
Oct 20153,4951,09543.552.43$154,864
Sep 20153,5561,11142.992.76$155,937
Aug 20153,6981,13540.162.87$151,772
Jul 20153,55494648.152.95$173,911
Jun 20153,7931,09756.152.88$216,139
May 20153,66997155.212.96$205,435
Apr 20153,81645649.822.71$191,347
Mar 20154,02179042.892.93$174,779
Feb 20154,11993644.662.98$186,740
Jan 20154,36880843.433.10$192,208
Dec 20144,43496354.693.59$245,954
Nov 20143,9831,07870.464.25$285,226
Oct 20143,7521,15278.303.90$298,276
Sep 20143,94139986.164.05$341,171
Aug 20144,40558589.394.04$396,124
Jul 20143,87535796.564.18$375,662
Jun 20143,93857598.164.74$389,278
May 20144,60546194.734.73$438,411
Apr 20144,6661,02795.944.81$452,595
Mar 20145,02397395.895.06$486,576
Feb 20144,34548197.406.19$426,181
Jan 20145,11838890.404.86$464,553
Dec 20134,79921991.824.35$441,598
Nov 20134,43322288.853.74$394,702
Oct 20134,17429397.423.78$407,738
Sep 20134,27128104.113.72$444,758
Aug 20133,9290104.253.52$409,598
Jul 20134,0970102.523.72$420,024
Jun 20133,7241294.403.93$351,593
May 20134,2153594.834.15$399,854
Apr 20133,68835193.964.28$348,028
Mar 20134,56432893.623.91$428,565
Feb 20133,93029291.233.42$359,533
Jan 20134,12137391.603.42$378,759
Dec 20124,18648186.773.42$364,864
Nov 20124,25445286.953.62$371,524
Oct 20124,06458189.383.40$365,216
Sep 20124,29826594.672.92$407,665
Aug 20124,19668392.662.91$390,788
Jul 20124,00681385.133.02$343,487
Jun 20124,02072079.822.52$322,690
May 20124,80257091.612.49$441,330
Apr 20124,702508101.652.00$478,973
Mar 20124,775474105.052.22$502,667
Feb 20123,967434101.102.57$402,179
Jan 20124,86056998.092.73$478,273
Dec 20114,69661896.873.24$456,904
Nov 20114,52991295.723.31$436,536
Oct 20115,01758484.983.65$428,475
Sep 20115,15350583.623.99$432,907
Aug 20115,09446783.404.15$426,777
Jul 20115,39940894.144.52$510,105
Jun 20114,57836692.904.64$426,994
May 20113,20144398.134.40$316,065
Apr 20113,361494105.964.33$358,272
Mar 20113,50954796.364.06$340,347
Feb 20113,52351285.644.18$303,850
Jan 20114,01163286.504.59$349,852
Dec 20103,74136485.734.35$322,299
Nov 20103,51833880.843.80$285,678
Oct 20104,12937378.103.51$323,784
Sep 20103,95973372.633.98$290,459
Aug 20103,94483973.684.42$294,302
Jul 20104,27877972.554.74$314,059
Jun 20103,72620870.364.91$263,183
May 20104,35571471.124.24$312,752
Apr 20104,01454081.694.12$330,130
Mar 20104,00837678.394.39$315,837
Feb 20103,66341473.585.44$271,777
Jan 20104,07964474.365.96$307,155
Dec 20094,06484671.445.48$294,971
Nov 20093,84865874.593.75$289,491
Oct 20094,00861272.544.11$293,256
Sep 20093,81769265.543.06$252,287
Aug 20094,04685367.423.22$275,527
Jul 20094,22263661.133.46$260,294
Jun 20093,31389166.163.90$222,659
May 20094,21366154.743.93$233,215
Apr 20093,54184346.773.59$168,637
Mar 20093,78542142.144.06$161,209
Feb 20093,36246532.814.63$112,462
Jan 20093,96279235.865.37$146,331
Dec 20083,99064637.105.98$151,890
Nov 20084,09747555.496.86$230,601
Oct 20084,43857575.246.92$337,895
Sep 20084,136465101.767.88$424,542
Aug 20084,388762114.228.48$507,661
Jul 20084,2631,094131.0811.39$571,254
Jun 20084,341755131.3313.03$579,943
May 20084,372858123.1711.57$548,430
Apr 20084,0801,147110.3110.45$462,057
Mar 20083,991748101.909.66$413,912
Feb 20083,91363992.538.77$367,674
Jan 20084,34355690.388.21$397,083
Dec 20074,83645788.337.30$430,501
Nov 20074,50349691.677.29$416,407
Oct 20073,70659282.856.92$311,140
Sep 20074,13446575.846.24$316,426
Aug 20073,93351869.066.39$274,922
Jul 20073,86287270.906.39$279,386
Jun 20074,01461162.007.55$253,480
May 20073,84776358.747.85$231,959
Apr 20073,75244659.617.81$227,138
Mar 20073,92967556.927.30$228,568
Feb 20073,68043455.108.22$206,334
Jan 20074,24448150.306.73$216,709
Dec 20063,42952256.656.92$197,864
Nov 20063,05665954.207.62$170,655
Oct 20063,59775954.906.01$202,040
Sep 20063,67985760.085.04$225,351
Aug 20064,02492568.717.34$283,278
Jul 20063,68665069.376.34$259,821
Jun 20063,33067366.286.38$225,009
May 20064,06877166.016.42$273,482
Apr 20063,84074864.397.36$252,763
Mar 20063,99970356.707.08$231,723
Feb 20063,48452857.597.75$204,736
Jan 20063,92075760.598.93$244,275
Dec 20054,29761354.9413.42$244,301
Nov 20053,98391954.6910.59$227,561
Oct 20054,5101,01858.3413.80$277,157
Sep 20054,51970861.4512.08$286,244
Aug 20054,56869761.519.80$287,806
Jul 20054,56072255.697.84$259,610
Jun 20054,38273952.337.38$234,765
May 20054,54157545.226.65$209,168
Apr 20054,34067849.207.36$218,518
Mar 20054,36555850.377.15$223,857
Feb 20054,07347645.226.31$187,186
Jan 20054,43546643.166.32$194,361
Dec 20044,69642939.866.75$190,079
Nov 20044,43445845.286.33$203,671
Oct 20044,44158849.706.52$224,549
Sep 20044,32067643.245.28$190,369
Aug 20044,62169942.375.55$199,672
Jul 20044,80258238.286.08$187,362
Jun 20044,57688836.106.43$170,906
May 20044,9201,02037.486.49$191,026
Apr 20044,8681,16034.475.86$174,596
Mar 20045,0901,20134.365.53$181,534
Feb 20044,99289832.455.51$166,938
Jan 20045,10992132.036.30$169,443
Dec 20035,18546830.266.30$159,847
Nov 20034,80756928.804.60$141,056
Oct 20035,03165828.174.76$144,855
Sep 20034,74551426.314.75$127,282
Aug 20034,95866529.765.13$150,961
Jul 20035,11971629.415.17$154,252
Jun 20035,05368728.565.98$148,424
May 20034,97379526.595.97$136,980
Apr 20035,21368126.675.41$142,713
Mar 20035,12061131.146.10$163,161
Feb 20034,99853733.487.93$171,589
Jan 20035,35858430.315.58$165,661
Dec 20025,62853026.914.85$154,022
Nov 20024,96145424.664.14$124,216
Oct 20024,83857126.464.23$130,428
Sep 20024,84667627.443.64$135,432
Aug 20025,30870425.963.16$140,023
Jul 20025,58671924.583.06$139,505
Jun 20025,12258823.733.34$123,508
May 20025,42852924.663.58$135,750
Apr 20024,96948023.653.51$119,203
Mar 20025,52555222.003.10$123,263
Feb 20024,99047818.222.38$92,053
Jan 20025,63950617.172.38$98,024
Dec 20015,70156016.932.36$97,842
Nov 20015,27760018.072.41$96,799
Oct 20015,65462519.782.53$113,417
Sep 20015,79359124.262.25$141,869
Aug 20015,65437724.873.05$141,766
Jul 20015,38758023.933.20$130,765
Jun 20015,3461,04324.563.82$135,286
May 20015,71665525.524.31$148,694
Apr 20015,48869524.685.34$139,152
Mar 20016,37561624.545.38$159,754
Feb 20016,00249527.755.77$169,410
Jan 20016,38959627.478.40$180,511
Dec 20006,41468026.889.12$178,612
Nov 20006,13380132.215.66$202,076
Oct 20006,5431,01331.235.15$209,550
Sep 20006,1251,11631.875.19$200,992
Aug 20006,3461,11229.644.54$193,145
Jul 20006,3921,20228.534.09$187,280
Jun 20006,5871,13929.304.40$198,008
May 20006,6321,12627.263.68$184,932
Apr 20006,40997724.513.12$160,129
Mar 20007,0201,04728.422.86$202,503
Feb 20006,30777127.622.73$176,301
Jan 20007,1231,03125.272.48$182,556
Dec 19996,83095324.282.42$168,142
Nov 19996,59184723.192.43$154,907
Oct 19996,95289420.982.80$148,359
Sep 19996,8661,06121.752.62$152,114
Aug 19996,95887519.262.88$136,527
Jul 19997,16488817.892.37$130,271
Jun 19996,65973315.942.36$107,876
May 19997,5941,03415.792.32$122,309
Apr 19997,0361,18415.102.21$108,858
Mar 19996,8811,42812.471.84$88,431
Feb 19996,2401,0229.981.82$64,133
Jan 19997,10694010.381.90$75,546
Dec 19987,3439579.201.77$69,253
Nov 19987,5861,05710.892.19$84,922
Oct 19987,8391,12712.421.97$99,580
Sep 19987,53792512.592.08$96,817
Aug 19988,2191,09011.301.91$94,954
Jul 19987,9891,18311.742.24$96,438
Jun 19987,4601,24711.242.24$86,640
May 19988,2571,33212.622.21$107,142
Apr 19987,9001,06813.042.51$105,692
Mar 19988,35588512.802.31$108,988
Feb 19987,85883013.952.30$111,527
Jan 19988,43596014.702.15$126,063
Dec 19978,20983616.322.41$135,987
Nov 19977,99098818.193.09$148,389
Oct 19978,1071,24319.253.15$159,975
Sep 19978,0441,14417.742.95$146,081
Aug 19978,36976117.862.55$151,415
Jul 19978,3641,04817.582.25$149,394
Jun 19978,2801,29617.242.26$145,673
May 19978,6281,01418.972.31$166,014
Apr 19977,9261,06617.882.08$143,937
Mar 19978,43077718.951.94$161,255
Feb 19977,78957020.492.21$160,854
Jan 19978,65260523.483.54$205,290
Dec 19968,90367823.32$207,618
Nov 19968,82067521.97$193,775
Oct 19969,29776923.31$216,713
Sep 19968,85668822.22$196,780
Aug 19969,02483320.26$182,826
Jul 19969,09691819.55$177,827
Jun 19968,62480318.73$161,528
May 19969,21985219.43$179,125
Apr 19968,60864521.51$185,158
Mar 19969,49574119.38$184,013
Feb 19969,10967616.98$154,671
Jan 199610,03074917.07$171,212
Dec 19959,68175117.19$166,416
Nov 19959,30266516.00$148,832
Oct 199510,00583015.43$154,377
Sep 19959,86552916.18$159,616
Aug 199510,37145315.92$165,106
Jul 199510,12455015.24$154,290
Jun 199510,48038816.41$171,977
May 199510,72641417.56$188,349
Apr 199510,10832017.73$179,215
Mar 199511,17129716.44$183,651
Feb 199510,48039416.58$173,758
Jan 199511,60453915.92$184,736
Dec 199411,83245715.03$177,835
Nov 199411,84751315.90$188,367
Oct 199412,18563615.58$189,842
Sep 199411,62122115.29$177,685
Aug 199412,359116.13$199,351
Jul 199412,727117.56$223,486
Jun 199412,451117.09$212,788
May 199412,849115.88$204,042
Apr 199412,413114.14$175,520
Mar 199413,503112.46$168,247
Feb 199412,705112.50$158,813
Jan 199414,259112.66$180,519
Dec 199314,338112.33$176,788
Nov 199314,703114.49$213,046
Oct 199315,275115.85$242,109
Sep 199315,192115.03$228,336
Aug 199316,543115.66$259,063
Jul 199316,526115.46$255,492
Jun 199316,440116.79$276,028
May 199316,987117.68$300,330
Apr 199316,777118.05$302,825
Mar 199317,296118.14$313,749
Feb 199316,331117.90$292,325
Jan 199315,458116.93$261,704

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.

May 2026 — as filed, then multipliedworked
Oil                1,613 bbl  × $106.41 =   $171,639
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $171,639

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/3900 is the state's own key, not one this site invented.