WARD 114

Name: WARD 114 lease production and value, May 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UPP OPERATING, LLC (P-5 875310) in the SAWYER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159408District 7CField 812673332 tax incentive programmesCondensateGasSave Export

Value, all time

$841 k

May 1996 – May 2026

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

361

no gaps in the span

Streams

condensate, gas

The SAWYER (CANYON) 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 6,629 leases and 6,629 wells, and the rule below applies to all of them.

Discovered

1967-07-01

as the register files it

Field class

Gas

the register's own label

Between wells

1,000 ft

minimum

From a lease line

500 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-06-24.

The Commission's schedule remark for this field reads: “FIELD PER ORDER 7C-0234582 6/2403”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1996-10-21	135632
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	508 bbl	$15,988
Gas	Production	245,003 Mcf	$824,637
Total			$840,624

48,767 Mcf of this lease's gas, across 8 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 30.5202, -100.7150. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.52019, -100.71496 · 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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

7,445 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

00.0%

A plug date is filed

00.0%

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

00.0%

NeitherNo plug date, and not on the schedule.

1100.0%

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 7,445 ft.

Completions filed

May 1996

1 of 1 wells

1 well


42-43534381	10	7,445 ft	May 1996	—	—

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 (361)

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

361 months


May 2026	0	29	106.41	3.05	$88
Apr 2026	0	31	98.93	2.87	$89
Mar 2026	0	31	89.75	3.15	$98
Feb 2026	0	28	63.50	3.75	$105
Jan 2026	0	30	59.13	8.00	$240
Dec 2025	0	30	56.66	4.41	$132
Nov 2025	0	28	58.59	3.93	$110
Oct 2025	0	30	59.38	3.30	$99
Sep 2025	0	36	62.74	3.08	$111
Aug 2025	0	17	63.93	3.01	$51
Jul 2025	0	33	66.74	3.32	$109
Jun 2025	0	30	66.48	3.13	$94
May 2025	0	32	60.55	3.23	$103
Apr 2025	0	30	62.36	3.54	$106
Mar 2025	0	31	67.70	4.27	$132
Feb 2025	0	28	70.88	4.34	$122
Jan 2025	0	25	74.32	4.28	$107
Dec 2024	0	25	68.99	3.12	$78
Nov 2024	0	28	69.05	2.20	$62
Oct 2024	0	40	71.37	2.28	$91
Sep 2024	0	0	69.61	2.36	$0
Aug 2024	0	20	75.63	2.06	$41
Jul 2024	0	32	79.93	2.15	$69
Jun 2024	0	31	78.08	2.63	$82
May 2024	0	31	78.81	2.20	$68
Apr 2024	0	30	84.45	1.66	$50
Mar 2024	0	32	80.30	1.55	$49
Feb 2024	0	27	76.09	1.78	$48
Jan 2024	0	28	73.02	3.30	$92
Dec 2023	0	30	71.26	2.61	$78
Nov 2023	0	30	77.89	2.81	$84
Oct 2023	0	30	85.44	3.09	$93
Sep 2023	0	25	89.04	2.74	$68
Aug 2023	0	27	80.52	2.67	$72
Jul 2023	0	29	74.85	2.64	$77
Jun 2023	0	28	68.96	2.26	$63
May 2023	0	33	70.62	2.23	$74
Apr 2023	0	35	78.12	2.24	$78
Mar 2023	0	32	72.85	2.39	$77
Feb 2023	0	24	75.11	2.47	$59
Jan 2023	0	19	76.53	3.39	$64
Dec 2022	0	31	76.41	5.73	$178
Nov 2022	0	38	85.00	5.65	$215
Oct 2022	0	25	87.18	5.86	$147
Sep 2022	0	28	84.88	8.16	$229
Aug 2022	0	27	94.52	9.13	$246
Jul 2022	0	30	101.58	7.54	$226
Jun 2022	0	25	115.09	7.98	$199
May 2022	0	30	109.37	8.43	$253
Apr 2022	0	30	104.22	6.84	$205
Mar 2022	0	31	108.88	5.08	$157
Feb 2022	0	29	91.05	4.86	$141
Jan 2022	0	32	81.84	4.54	$145
Dec 2021	0	32	71.32	3.90	$125
Nov 2021	0	32	77.43	5.24	$168
Oct 2021	0	32	79.79	5.71	$183
Sep 2021	0	32	69.86	5.35	$171
Aug 2021	0	29	66.02	4.22	$122
Jul 2021	0	26	70.78	3.98	$104
Jun 2021	0	28	69.49	3.38	$95
May 2021	0	19	63.48	3.02	$57
Apr 2021	0	31	60.36	2.76	$86
Mar 2021	0	42	61.30	2.72	$114
Feb 2021	0	24	57.80	5.55	$133
Jan 2021	0	27	50.41	2.81	$76
Dec 2020	0	16	44.64	2.68	$43
Nov 2020	0	33	38.77	2.71	$89
Oct 2020	0	34	36.97	2.48	$84
Sep 2020	0	33	37.09	1.99	$66
Aug 2020	0	35	39.98	2.39	$83
Jul 2020	0	33	38.37	1.83	$60
Jun 2020	0	36	34.90	1.69	$61
May 2020	0	37	16.92	1.81	$67
Apr 2020	0	34	14.75	1.80	$61
Mar 2020	0	38	30.34	1.86	$71
Feb 2020	0	36	49.88	1.98	$71
Jan 2020	0	38	57.25	2.09	$80
Dec 2019	0	42	59.01	2.30	$97
Nov 2019	0	36	55.30	2.75	$99
Oct 2019	0	38	53.47	2.42	$92
Sep 2019	0	38	55.05	2.66	$101
Aug 2019	0	39	53.11	2.30	$90
Jul 2019	0	41	56.27	2.46	$101
Jun 2019	0	41	52.78	2.49	$102
May 2019	0	41	58.48	2.74	$112
Apr 2019	0	41	62.63	2.75	$113
Mar 2019	0	42	56.80	3.06	$129
Feb 2019	0	39	50.85	2.79	$109
Jan 2019	1	41	46.03	3.23	$178
Dec 2018	0	43	46.59	4.19	$180
Nov 2018	0	41	52.93	4.24	$174
Oct 2018	0	42	61.44	3.40	$143
Sep 2018	0	39	59.54	3.11	$121
Aug 2018	1	32	59.40	3.07	$158
Jul 2018	0	39	65.14	2.93	$114
Jun 2018	0	43	60.18	3.08	$132
May 2018	0	44	65.38	2.90	$128
Apr 2018	0	44	63.84	2.90	$128
Mar 2018	1	46	61.22	2.79	$189
Feb 2018	0	41	61.78	2.77	$113
Jan 2018	0	46	62.87	4.01	$184
Dec 2017	0	45	57.27	2.92	$131
Nov 2017	0	44	55.42	3.12	$137
Oct 2017	1	45	49.29	2.98	$184
Sep 2017	0	44	47.52	3.09	$136
Aug 2017	0	46	45.37	3.00	$138
Jul 2017	1	46	43.87	3.09	$186
Jun 2017	0	46	42.49	3.09	$142
May 2017	0	48	45.37	3.26	$157
Apr 2017	0	46	47.93	3.21	$148
Mar 2017	0	47	46.77	2.98	$140
Feb 2017	0	43	50.45	2.95	$127
Jan 2017	0	47	49.41	3.42	$161
Dec 2016	0	47	48.76	3.72	$175
Nov 2016	0	46	42.49	2.64	$122
Oct 2016	0	47	46.19	3.09	$145
Sep 2016	1	47	41.55	3.10	$187
Aug 2016	0	48	41.44	2.92	$140
Jul 2016	0	50	41.62	2.92	$146
Jun 2016	1	48	45.35	2.69	$174
May 2016	0	50	42.52	1.99	$100
Apr 2016	0	50	36.56	1.99	$100
Mar 2016	1	52	33.01	1.79	$126
Feb 2016	0	49	26.47	2.06	$101
Jan 2016	1	54	27.35	2.36	$155
Dec 2015	0	59	32.36	2.00	$118
Nov 2015	0	50	38.79	2.17	$108
Oct 2015	1	50	43.55	2.43	$165
Sep 2015	0	51	42.99	2.76	$141
Aug 2015	1	53	40.16	2.87	$192
Jul 2015	0	53	48.15	2.95	$156
Jun 2015	0	51	56.15	2.88	$147
May 2015	0	53	55.21	2.96	$157
Apr 2015	0	52	49.82	2.71	$141
Mar 2015	0	34	42.89	2.93	$100
Feb 2015	0	26	44.66	2.98	$77
Jan 2015	0	54	43.43	3.10	$167
Dec 2014	0	54	54.69	3.59	$194
Nov 2014	0	34	70.46	4.25	$145
Oct 2014	0	63	78.30	3.90	$246
Sep 2014	0	60	86.16	4.05	$243
Aug 2014	0	62	89.39	4.04	$250
Jul 2014	0	59	96.56	4.18	$247
Jun 2014	0	58	98.16	4.74	$275
May 2014	0	58	94.73	4.73	$274
Apr 2014	0	69	95.94	4.81	$332
Mar 2014	0	53	95.89	5.06	$268
Feb 2014	0	67	97.40	6.19	$415
Jan 2014	0	72	90.40	4.86	$350
Dec 2013	0	64	91.82	4.35	$279
Nov 2013	0	69	88.85	3.74	$258
Oct 2013	0	72	97.42	3.78	$272
Sep 2013	0	66	104.11	3.72	$245
Aug 2013	0	66	104.25	3.52	$232
Jul 2013	0	69	102.52	3.72	$257
Jun 2013	0	67	94.40	3.93	$264
May 2013	0	69	94.83	4.15	$286
Apr 2013	0	64	93.96	4.28	$274
Mar 2013	0	71	93.62	3.91	$278
Feb 2013	0	62	91.23	3.42	$212
Jan 2013	0	67	91.60	3.42	$229
Dec 2012	0	65	86.77	3.42	$222
Nov 2012	0	69	86.95	3.62	$250
Oct 2012	0	74	89.38	3.40	$252
Sep 2012	0	72	94.67	2.92	$210
Aug 2012	0	75	92.66	2.91	$218
Jul 2012	0	76	85.13	3.02	$230
Jun 2012	0	77	79.82	2.52	$194
May 2012	0	73	91.61	2.49	$182
Apr 2012	0	81	101.65	2.00	$162
Mar 2012	0	68	105.05	2.22	$151
Feb 2012	0	75	101.10	2.57	$193
Jan 2012	0	81	98.09	2.73	$221
Dec 2011	0	82	96.87	3.24	$266
Nov 2011	0	82	95.72	3.31	$272
Oct 2011	0	91	84.98	3.65	$332
Sep 2011	0	91	83.62	3.99	$363
Aug 2011	0	113	83.40	4.15	$469
Jul 2011	0	99	94.14	4.52	$447
Jun 2011	0	111	92.90	4.64	$515
May 2011	0	114	98.13	4.40	$502
Apr 2011	0	83	105.96	4.33	$360
Mar 2011	0	126	96.36	4.06	$511
Feb 2011	0	89	85.64	4.18	$372
Jan 2011	0	82	86.50	4.59	$376
Dec 2010	0	105	85.73	4.35	$457
Nov 2010	0	121	80.84	3.80	$459
Oct 2010	0	145	78.10	3.51	$509
Sep 2010	0	170	72.63	3.98	$677
Aug 2010	0	190	73.68	4.42	$840
Jul 2010	0	199	72.55	4.74	$943
Jun 2010	0	211	70.36	4.91	$1,036
May 2010	0	215	71.12	4.24	$911
Apr 2010	0	218	81.69	4.12	$899
Mar 2010	0	241	78.39	4.39	$1,058
Feb 2010	0	231	73.58	5.44	$1,257
Jan 2010	0	264	74.36	5.96	$1,575
Dec 2009	0	242	71.44	5.48	$1,327
Nov 2009	0	282	74.59	3.75	$1,058
Oct 2009	0	312	72.54	4.11	$1,282
Sep 2009	0	317	65.54	3.06	$972
Aug 2009	0	347	67.42	3.22	$1,117
Jul 2009	0	329	61.13	3.46	$1,140
Jun 2009	0	339	66.16	3.90	$1,320
May 2009	0	340	54.74	3.93	$1,335
Apr 2009	0	306	46.77	3.59	$1,098
Mar 2009	0	250	42.14	4.06	$1,015
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	2	75.24	6.92	$14
Sep 2008	0	14	101.76	7.88	$110
Aug 2008	0	74	114.22	8.48	$628
Jul 2008	0	630	131.08	11.39	$7,175
Jun 2008	1	660	131.33	13.03	$8,733
May 2008	3	695	123.17	11.57	$8,414
Apr 2008	4	631	110.31	10.45	$7,038
Mar 2008	0	645	101.90	9.66	$6,233
Feb 2008	0	714	92.53	8.77	$6,262
Jan 2008	5	908	90.38	8.21	$7,903
Dec 2007	0	997	88.33	7.30	$7,280
Nov 2007	3	796	91.67	7.29	$6,079
Oct 2007	0	439	82.85	6.92	$3,039
Sep 2007	4	577	75.84	6.24	$3,906
Aug 2007	0	683	69.06	6.39	$4,363
Jul 2007	3	683	70.90	6.39	$4,576
Jun 2007	4	440	62.00	7.55	$3,569
May 2007	0	744	58.74	7.85	$5,838
Apr 2007	4	657	59.61	7.81	$5,366
Mar 2007	4	621	56.92	7.30	$4,762
Feb 2007	0	413	55.10	8.22	$3,393
Jan 2007	0	696	50.30	6.73	$4,682
Dec 2006	4	578	56.65	6.92	$4,225
Nov 2006	0	600	54.20	7.62	$4,570
Oct 2006	4	689	54.90	6.01	$4,363
Sep 2006	0	705	60.08	5.04	$3,551
Aug 2006	3	700	68.71	7.34	$5,344
Jul 2006	3	725	69.37	6.34	$4,807
Jun 2006	3	674	66.28	6.38	$4,502
May 2006	3	569	66.01	6.42	$3,854
Apr 2006	2	669	64.39	7.36	$5,053
Mar 2006	2	711	56.70	7.08	$5,149
Feb 2006	0	644	57.59	7.75	$4,992
Jan 2006	2	661	60.59	8.93	$6,026
Dec 2005	0	685	54.94	13.42	$9,190
Nov 2005	0	710	54.69	10.59	$7,518
Oct 2005	3	783	58.34	13.80	$10,977
Sep 2005	3	711	61.45	12.08	$8,773
Aug 2005	3	735	61.51	9.80	$7,385
Jul 2005	2	745	55.69	7.84	$5,955
Jun 2005	3	605	52.33	7.38	$4,623
May 2005	0	713	45.22	6.65	$4,742
Apr 2005	6	654	49.20	7.36	$5,109
Mar 2005	0	755	50.37	7.15	$5,402
Feb 2005	0	708	45.22	6.31	$4,469
Jan 2005	5	1,526	43.16	6.32	$9,863
Dec 2004	0	1,380	39.86	6.75	$9,316
Nov 2004	8	1,335	45.28	6.33	$8,813
Oct 2004	0	1,080	49.70	6.52	$7,036
Sep 2004	9	1,356	43.24	5.28	$7,554
Aug 2004	0	1,399	42.37	5.55	$7,765
Jul 2004	8	1,397	38.28	6.08	$8,806
Jun 2004	0	1,206	36.10	6.43	$7,758
May 2004	7	1,190	37.48	6.49	$7,991
Apr 2004	0	1,229	34.47	5.86	$7,200
Mar 2004	0	1,203	34.36	5.53	$6,653
Feb 2004	0	1,123	32.45	5.51	$6,187
Jan 2004	5	893	32.03	6.30	$5,786
Dec 2003	0	958	30.26	6.30	$6,037
Nov 2003	5	998	28.80	4.60	$4,730
Oct 2003	0	1,011	28.17	4.76	$4,812
Sep 2003	4	880	26.31	4.75	$4,285
Aug 2003	5	912	29.76	5.13	$4,827
Jul 2003	5	946	29.41	5.17	$5,039
Jun 2003	5	832	28.56	5.98	$5,121
May 2003	4	930	26.59	5.97	$5,661
Apr 2003	0	892	26.67	5.41	$4,823
Mar 2003	4	2,495	31.14	6.10	$15,334
Feb 2003	0	762	33.48	7.93	$6,040
Jan 2003	3	886	30.31	5.58	$5,037
Dec 2002	0	918	26.91	4.85	$4,456
Nov 2002	0	861	24.66	4.14	$3,562
Oct 2002	3	916	26.46	4.23	$3,953
Sep 2002	3	807	27.44	3.64	$3,016
Aug 2002	3	893	25.96	3.16	$2,903
Jul 2002	4	876	24.58	3.06	$2,780
Jun 2002	3	890	23.73	3.34	$3,042
May 2002	3	1,020	24.66	3.58	$3,730
Apr 2002	3	890	23.65	3.51	$3,197
Mar 2002	4	1,026	22.00	3.10	$3,271
Feb 2002	3	1,052	18.22	2.38	$2,554
Jan 2002	8	1,242	17.17	2.38	$3,088
Dec 2001	4	1,348	16.93	2.36	$3,255
Nov 2001	4	1,282	18.07	2.41	$3,156
Oct 2001	4	1,300	19.78	2.53	$3,367
Sep 2001	4	1,188	24.26	2.25	$2,772
Aug 2001	0	1,261	24.87	3.05	$3,850
Jul 2001	6	1,179	23.93	3.20	$3,913
Jun 2001	5	1,157	24.56	3.82	$4,547
May 2001	6	1,157	25.52	4.31	$5,137
Apr 2001	0	1,334	24.68	5.34	$7,117
Mar 2001	14	1,486	24.54	5.38	$8,333
Feb 2001	0	1,244	27.75	5.77	$7,174
Jan 2001	7	1,360	27.47	8.40	$11,615
Dec 2000	0	1,335	26.88	9.12	$12,179
Nov 2000	7	1,398	32.21	5.66	$8,135
Oct 2000	8	1,481	31.23	5.15	$7,870
Sep 2000	0	1,431	31.87	5.19	$7,422
Aug 2000	10	1,253	29.64	4.54	$5,986
Jul 2000	0	1,115	28.53	4.09	$4,560
Jun 2000	8	1,664	29.30	4.40	$7,551
May 2000	8	1,429	27.26	3.68	$5,476
Apr 2000	0	1,295	24.51	3.12	$4,035
Mar 2000	8	1,624	28.42	2.86	$4,872
Feb 2000	7	1,362	27.62	2.73	$3,907
Jan 2000	6	1,341	25.27	2.48	$3,478
Dec 1999	8	1,059	24.28	2.42	$2,761
Nov 1999	10	2,005	23.19	2.43	$5,112
Oct 1999	9	2,065	20.98	2.80	$5,978
Sep 1999	7	1,910	21.75	2.62	$5,154
Aug 1999	0	1,988	19.26	2.88	$5,717
Jul 1999	0	2,183	17.89	2.37	$5,179
Jun 1999	0	157	15.94	2.36	$371
May 1999	0	1,606	15.79	2.32	$3,728
Apr 1999	0	1,655	15.10	2.21	$3,654
Mar 1999	0	1,960	12.47	1.84	$3,603
Feb 1999	0	1,698	9.98	1.82	$3,087
Jan 1999	0	2,112	10.38	1.90	$4,013
Dec 1998	0	2,318	9.20	1.77	$4,111
Nov 1998	0	2,068	10.89	2.19	$4,520
Oct 1998	0	1,085	12.42	1.97	$2,137
Sep 1998	0	2,027	12.59	2.08	$4,221
Aug 1998	0	2,265	11.30	1.91	$4,320
Jul 1998	0	2,228	11.74	2.24	$4,985
Jun 1998	0	2,244	11.24	2.24	$5,020
May 1998	0	2,044	12.62	2.21	$4,510
Apr 1998	10	2,224	13.04	2.51	$5,702
Mar 1998	13	2,352	12.80	2.31	$5,598
Feb 1998	14	2,076	13.95	2.30	$4,968
Jan 1998	14	2,278	14.70	2.15	$5,114
Dec 1997	28	2,213	16.32	2.41	$5,793
Nov 1997	12	2,289	18.19	3.09	$7,287
Oct 1997	28	2,794	19.25	3.15	$9,340
Sep 1997	0	2,968	17.74	2.95	$8,770
Aug 1997	14	2,478	17.86	2.55	$6,581
Jul 1997	14	2,500	17.58	2.25	$5,863
Jun 1997	5	2,972	17.24	2.26	$6,795
May 1997	0	3,188	18.97	2.31	$7,360
Apr 1997	0	3,566	17.88	2.08	$7,427
Mar 1997	0	3,764	18.95	1.94	$7,299
Feb 1997	0	3,883	20.49	2.21	$8,566
Jan 1997	0	3,416	23.48	3.54	$12,092
Dec 1996	0	4,233	23.32	—	$0
Nov 1996	0	3,859	21.97	—	$0
Oct 1996	0	5,189	23.31	—	$0
Sep 1996	0	5,335	22.22	—	$0
Aug 1996	0	6,899	20.26	—	$0
Jul 1996	0	9,444	19.55	—	$0
Jun 1996	0	11,428	18.73	—	$0
May 1996	0	2,380	19.43	—	$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.

May 2026 — as filed, then multipliedworked

Condensate             0 bbl  × $106.41 =         $0
Gas                   29 Mcf  × $  3.05 =        $88

────────────────────────────────────────────────────
Month total                                      $88

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. 7C/G/159408 is the state's own key, not one this site invented.