HOOVER "50"

Name: HOOVER "50" lease production and value, Dec 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SCOUT ENERGY MANAGEMENT LLC (P-5 760218) in the OZONA (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 161495District 7CField 679952002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.3 M

Dec 1996 – May 2026

Value, last 12 filed months

at the published price for each month

Months reported

354

no gaps in the span

Streams

condensate, gas

The OZONA (CANYON SAND) 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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered

1962-02-23

as the register files it

Field class

Oil and gas

the register's own label

Between wells

600 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: “ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).”

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	1997-03-17	136206
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	30 bbl	$1,688
Gas	Production	312,571 Mcf	$1,285,034
Total			$1,286,722

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 30.4454, -101.5404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.44541, -101.54041 · 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

7,314 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 7,314 ft.

Completions filed

Dec 1996

1 of 1 wells

1 well


42-10537355	4	7,314 ft	Dec 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 (354)

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

354 months


May 2026	0	0	106.41	3.05	$0
Apr 2026	0	0	98.93	2.87	$0
Mar 2026	0	0	89.75	3.15	$0
Feb 2026	0	0	63.50	3.75	$0
Jan 2026	0	0	59.13	8.00	$0
Dec 2025	0	0	56.66	4.41	$0
Nov 2025	0	0	58.59	3.93	$0
Oct 2025	0	0	59.38	3.30	$0
Sep 2025	0	0	62.74	3.08	$0
Aug 2025	0	0	63.93	3.01	$0
Jul 2025	0	0	66.74	3.32	$0
Jun 2025	0	0	66.48	3.13	$0
May 2025	0	0	60.55	3.23	$0
Apr 2025	0	0	62.36	3.54	$0
Mar 2025	0	0	67.70	4.27	$0
Feb 2025	1	154	70.88	4.34	$739
Jan 2025	0	0	74.32	4.28	$0
Dec 2024	0	0	68.99	3.12	$0
Nov 2024	0	0	69.05	2.20	$0
Oct 2024	0	0	71.37	2.28	$0
Sep 2024	0	1	69.61	2.36	$2
Aug 2024	0	0	75.63	2.06	$0
Jul 2024	0	0	79.93	2.15	$0
Jun 2024	0	1	78.08	2.63	$3
May 2024	0	3	78.81	2.20	$7
Apr 2024	0	0	84.45	1.66	$0
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	0	0	71.26	2.61	$0
Nov 2023	0	0	77.89	2.81	$0
Oct 2023	0	55	85.44	3.09	$170
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	0	80.52	2.67	$0
Jul 2023	3	32	74.85	2.64	$309
Jun 2023	0	30	68.96	2.26	$68
May 2023	0	36	70.62	2.23	$80
Apr 2023	0	7	78.12	2.24	$16
Mar 2023	0	16	72.85	2.39	$38
Feb 2023	5	28	75.11	2.47	$445
Jan 2023	0	28	76.53	3.39	$95
Dec 2022	0	27	76.41	5.73	$155
Nov 2022	0	36	85.00	5.65	$203
Oct 2022	0	22	87.18	5.86	$129
Sep 2022	3	21	84.88	8.16	$426
Aug 2022	0	14	94.52	9.13	$128
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	4	0	108.88	5.08	$436
Feb 2022	0	7	91.05	4.86	$34
Jan 2022	0	7	81.84	4.54	$32
Dec 2021	0	95	71.32	3.90	$370
Nov 2021	0	129	77.43	5.24	$676
Oct 2021	0	128	79.79	5.71	$731
Sep 2021	0	60	69.86	5.35	$321
Aug 2021	0	148	66.02	4.22	$625
Jul 2021	0	165	70.78	3.98	$657
Jun 2021	0	197	69.49	3.38	$666
May 2021	0	149	63.48	3.02	$450
Apr 2021	0	249	60.36	2.76	$687
Mar 2021	0	131	61.30	2.72	$356
Feb 2021	0	157	57.80	5.55	$871
Jan 2021	0	14	50.41	2.81	$39
Dec 2020	0	191	44.64	2.68	$511
Nov 2020	0	204	38.77	2.71	$552
Oct 2020	0	218	36.97	2.48	$540
Sep 2020	0	186	37.09	1.99	$370
Aug 2020	0	205	39.98	2.39	$489
Jul 2020	0	207	38.37	1.83	$378
Jun 2020	0	207	34.90	1.69	$350
May 2020	0	219	16.92	1.81	$397
Apr 2020	0	242	14.75	1.80	$437
Mar 2020	0	256	30.34	1.86	$475
Feb 2020	0	227	49.88	1.98	$450
Jan 2020	0	272	57.25	2.09	$570
Dec 2019	0	326	59.01	2.30	$751
Nov 2019	0	258	55.30	2.75	$710
Oct 2019	0	247	53.47	2.42	$597
Sep 2019	0	254	55.05	2.66	$675
Aug 2019	0	268	53.11	2.30	$618
Jul 2019	0	249	56.27	2.46	$613
Jun 2019	0	279	52.78	2.49	$695
May 2019	0	265	58.48	2.74	$726
Apr 2019	0	264	62.63	2.75	$726
Mar 2019	0	268	56.80	3.06	$821
Feb 2019	0	242	50.85	2.79	$676
Jan 2019	0	268	46.03	3.23	$865
Dec 2018	0	268	46.59	4.19	$1,122
Nov 2018	0	239	52.93	4.24	$1,013
Oct 2018	0	268	61.44	3.40	$911
Sep 2018	0	274	59.54	3.11	$852
Aug 2018	0	226	59.40	3.07	$693
Jul 2018	0	284	65.14	2.93	$833
Jun 2018	0	248	60.18	3.08	$763
May 2018	0	287	65.38	2.90	$833
Apr 2018	0	281	63.84	2.90	$815
Mar 2018	0	286	61.22	2.79	$797
Feb 2018	0	259	61.78	2.77	$716
Jan 2018	0	247	62.87	4.01	$990
Dec 2017	0	162	57.27	2.92	$473
Nov 2017	0	274	55.42	3.12	$854
Oct 2017	0	288	49.29	2.98	$859
Sep 2017	0	268	47.52	3.09	$827
Aug 2017	0	283	45.37	3.00	$850
Jul 2017	0	289	43.87	3.09	$892
Jun 2017	0	192	42.49	3.09	$593
May 2017	0	310	45.37	3.26	$1,012
Apr 2017	0	259	47.93	3.21	$832
Mar 2017	0	163	46.77	2.98	$486
Feb 2017	0	284	50.45	2.95	$839
Jan 2017	0	295	49.41	3.42	$1,009
Dec 2016	0	396	48.76	3.72	$1,474
Nov 2016	0	335	42.49	2.64	$886
Oct 2016	0	382	46.19	3.09	$1,180
Sep 2016	0	408	41.55	3.10	$1,265
Aug 2016	0	251	41.44	2.92	$734
Jul 2016	0	341	41.62	2.92	$997
Jun 2016	0	301	45.35	2.69	$808
May 2016	0	358	42.52	1.99	$713
Apr 2016	0	229	36.56	1.99	$456
Mar 2016	0	320	33.01	1.79	$574
Feb 2016	0	295	26.47	2.06	$609
Jan 2016	0	339	27.35	2.36	$802
Dec 2015	0	346	32.36	2.00	$692
Nov 2015	0	339	38.79	2.17	$735
Oct 2015	0	360	43.55	2.43	$874
Sep 2015	0	332	42.99	2.76	$916
Aug 2015	0	312	40.16	2.87	$896
Jul 2015	0	406	48.15	2.95	$1,196
Jun 2015	0	396	56.15	2.88	$1,142
May 2015	0	468	55.21	2.96	$1,383
Apr 2015	0	383	49.82	2.71	$1,037
Mar 2015	0	419	42.89	2.93	$1,230
Feb 2015	0	387	44.66	2.98	$1,152
Jan 2015	0	404	43.43	3.10	$1,253
Dec 2014	0	416	54.69	3.59	$1,494
Nov 2014	0	396	70.46	4.25	$1,684
Oct 2014	0	412	78.30	3.90	$1,607
Sep 2014	0	428	86.16	4.05	$1,731
Aug 2014	0	395	89.39	4.04	$1,594
Jul 2014	0	440	96.56	4.18	$1,839
Jun 2014	0	426	98.16	4.74	$2,018
May 2014	0	442	94.73	4.73	$2,089
Apr 2014	0	414	95.94	4.81	$1,991
Mar 2014	0	377	95.89	5.06	$1,906
Feb 2014	0	395	97.40	6.19	$2,446
Jan 2014	0	435	90.40	4.86	$2,114
Dec 2013	0	434	91.82	4.35	$1,890
Nov 2013	0	415	88.85	3.74	$1,551
Oct 2013	0	437	97.42	3.78	$1,652
Sep 2013	0	415	104.11	3.72	$1,543
Aug 2013	0	428	104.25	3.52	$1,508
Jul 2013	0	433	102.52	3.72	$1,610
Jun 2013	0	455	94.40	3.93	$1,790
May 2013	0	286	94.83	4.15	$1,187
Apr 2013	0	456	93.96	4.28	$1,953
Mar 2013	0	311	93.62	3.91	$1,217
Feb 2013	0	337	91.23	3.42	$1,153
Jan 2013	0	450	91.60	3.42	$1,539
Dec 2012	0	365	86.77	3.42	$1,248
Nov 2012	0	338	86.95	3.62	$1,225
Oct 2012	0	338	89.38	3.40	$1,149
Sep 2012	0	335	94.67	2.92	$978
Aug 2012	0	386	92.66	2.91	$1,123
Jul 2012	0	527	85.13	3.02	$1,592
Jun 2012	0	429	79.82	2.52	$1,081
May 2012	0	428	91.61	2.49	$1,065
Apr 2012	0	395	101.65	2.00	$789
Mar 2012	0	516	105.05	2.22	$1,147
Feb 2012	0	407	101.10	2.57	$1,046
Jan 2012	0	425	98.09	2.73	$1,162
Dec 2011	0	462	96.87	3.24	$1,497
Nov 2011	0	360	95.72	3.31	$1,192
Oct 2011	0	411	84.98	3.65	$1,500
Sep 2011	0	370	83.62	3.99	$1,475
Aug 2011	0	408	83.40	4.15	$1,693
Jul 2011	0	392	94.14	4.52	$1,771
Jun 2011	0	378	92.90	4.64	$1,754
May 2011	0	382	98.13	4.40	$1,683
Apr 2011	0	366	105.96	4.33	$1,586
Mar 2011	0	428	96.36	4.06	$1,737
Feb 2011	0	422	85.64	4.18	$1,764
Jan 2011	0	447	86.50	4.59	$2,051
Dec 2010	0	437	85.73	4.35	$1,900
Nov 2010	0	411	80.84	3.80	$1,560
Oct 2010	0	437	78.10	3.51	$1,533
Sep 2010	0	503	72.63	3.98	$2,002
Aug 2010	0	489	73.68	4.42	$2,161
Jul 2010	0	518	72.55	4.74	$2,454
Jun 2010	0	429	70.36	4.91	$2,107
May 2010	0	670	71.12	4.24	$2,838
Apr 2010	0	442	81.69	4.12	$1,822
Mar 2010	0	519	78.39	4.39	$2,278
Feb 2010	0	480	73.58	5.44	$2,612
Jan 2010	0	536	74.36	5.96	$3,197
Dec 2009	0	553	71.44	5.48	$3,033
Nov 2009	0	530	74.59	3.75	$1,988
Oct 2009	0	601	72.54	4.11	$2,470
Sep 2009	0	562	65.54	3.06	$1,722
Aug 2009	0	538	67.42	3.22	$1,732
Jul 2009	0	548	61.13	3.46	$1,899
Jun 2009	0	548	66.16	3.90	$2,134
May 2009	0	580	54.74	3.93	$2,277
Apr 2009	0	595	46.77	3.59	$2,135
Mar 2009	0	561	42.14	4.06	$2,277
Feb 2009	0	622	32.81	4.63	$2,882
Jan 2009	0	493	35.86	5.37	$2,648
Dec 2008	0	465	37.10	5.98	$2,779
Nov 2008	0	567	55.49	6.86	$3,890
Oct 2008	0	766	75.24	6.92	$5,302
Sep 2008	0	551	101.76	7.88	$4,340
Aug 2008	0	727	114.22	8.48	$6,167
Jul 2008	0	779	131.08	11.39	$8,872
Jun 2008	0	851	131.33	13.03	$11,091
May 2008	0	893	123.17	11.57	$10,336
Apr 2008	0	893	110.31	10.45	$9,336
Mar 2008	0	820	101.90	9.66	$7,925
Feb 2008	0	827	92.53	8.77	$7,253
Jan 2008	0	908	90.38	8.21	$7,451
Dec 2007	0	942	88.33	7.30	$6,878
Nov 2007	0	766	91.67	7.29	$5,585
Oct 2007	0	1,026	82.85	6.92	$7,102
Sep 2007	0	543	75.84	6.24	$3,391
Aug 2007	0	633	69.06	6.39	$4,044
Jul 2007	0	723	70.90	6.39	$4,618
Jun 2007	0	457	62.00	7.55	$3,450
May 2007	0	614	58.74	7.85	$4,818
Apr 2007	0	971	59.61	7.81	$7,579
Mar 2007	0	878	56.92	7.30	$6,411
Feb 2007	0	1,063	55.10	8.22	$8,734
Jan 2007	0	1,119	50.30	6.73	$7,527
Dec 2006	0	1,060	56.65	6.92	$7,334
Nov 2006	0	1,234	54.20	7.62	$9,400
Oct 2006	0	1,244	54.90	6.01	$7,481
Sep 2006	0	1,087	60.08	5.04	$5,475
Aug 2006	0	720	68.71	7.34	$5,285
Jul 2006	0	957	69.37	6.34	$6,070
Jun 2006	0	1,105	66.28	6.38	$7,054
May 2006	0	1,150	66.01	6.42	$7,389
Apr 2006	0	1,014	64.39	7.36	$7,464
Mar 2006	0	1,055	56.70	7.08	$7,472
Feb 2006	0	846	57.59	7.75	$6,557
Jan 2006	0	1,000	60.59	8.93	$8,933
Dec 2005	0	1,129	54.94	13.42	$15,146
Nov 2005	0	1,053	54.69	10.59	$11,150
Oct 2005	0	1,446	58.34	13.80	$19,949
Sep 2005	0	1,567	61.45	12.08	$18,928
Aug 2005	0	1,087	61.51	9.80	$10,649
Jul 2005	0	1,191	55.69	7.84	$9,342
Jun 2005	0	1,304	52.33	7.38	$9,625
May 2005	0	1,629	45.22	6.65	$10,835
Apr 2005	0	1,882	49.20	7.36	$13,852
Mar 2005	0	547	50.37	7.15	$3,914
Feb 2005	0	935	45.22	6.31	$5,902
Jan 2005	0	1,278	43.16	6.32	$8,080
Dec 2004	0	1,484	39.86	6.75	$10,019
Nov 2004	0	1,248	45.28	6.33	$7,900
Oct 2004	0	1,512	49.70	6.52	$9,851
Sep 2004	0	1,485	43.24	5.28	$7,847
Aug 2004	0	1,451	42.37	5.55	$8,054
Jul 2004	0	1,368	38.28	6.08	$8,323
Jun 2004	0	1,198	36.10	6.43	$7,707
May 2004	0	1,337	37.48	6.49	$8,683
Apr 2004	0	1,277	34.47	5.86	$7,481
Mar 2004	0	1,277	34.36	5.53	$7,062
Feb 2004	0	1,078	32.45	5.51	$5,939
Jan 2004	0	1,251	32.03	6.30	$7,881
Dec 2003	0	1,298	30.26	6.30	$8,180
Nov 2003	0	1,189	28.80	4.60	$5,464
Oct 2003	0	1,359	28.17	4.76	$6,468
Sep 2003	0	1,201	26.31	4.75	$5,704
Aug 2003	0	1,229	29.76	5.13	$6,304
Jul 2003	0	1,276	29.41	5.17	$6,598
Jun 2003	0	1,062	28.56	5.98	$6,354
May 2003	0	1,275	26.59	5.97	$7,615
Apr 2003	0	1,074	26.67	5.41	$5,807
Mar 2003	0	1,366	31.14	6.10	$8,327
Feb 2003	0	1,291	33.48	7.93	$10,232
Jan 2003	0	1,348	30.31	5.58	$7,525
Dec 2002	0	1,245	26.91	4.85	$6,043
Nov 2002	0	1,222	24.66	4.14	$5,055
Oct 2002	0	1,489	26.46	4.23	$6,297
Sep 2002	0	1,183	27.44	3.64	$4,300
Aug 2002	0	1,417	25.96	3.16	$4,484
Jul 2002	0	1,594	24.58	3.06	$4,880
Jun 2002	0	1,578	23.73	3.34	$5,268
May 2002	0	1,684	24.66	3.58	$6,035
Apr 2002	0	1,808	23.65	3.51	$6,350
Mar 2002	0	1,415	22.00	3.10	$4,390
Feb 2002	0	1,301	18.22	2.38	$3,091
Jan 2002	0	1,761	17.17	2.38	$4,184
Dec 2001	0	1,671	16.93	2.36	$3,951
Nov 2001	0	1,699	18.07	2.41	$4,087
Oct 2001	0	1,481	19.78	2.53	$3,745
Sep 2001	0	1,605	24.26	2.25	$3,613
Aug 2001	0	1,513	24.87	3.05	$4,619
Jul 2001	0	1,766	23.93	3.20	$5,646
Jun 2001	0	1,819	24.56	3.82	$6,956
May 2001	0	1,821	25.52	4.31	$7,844
Apr 2001	0	1,749	24.68	5.34	$9,331
Mar 2001	0	1,717	24.54	5.38	$9,231
Feb 2001	0	1,552	27.75	5.77	$8,951
Jan 2001	0	1,563	27.47	8.40	$13,127
Dec 2000	0	1,629	26.88	9.12	$14,861
Nov 2000	0	2,246	32.21	5.66	$12,708
Oct 2000	0	2,108	31.23	5.15	$10,847
Sep 2000	0	1,908	31.87	5.19	$9,896
Aug 2000	0	1,776	29.64	4.54	$8,064
Jul 2000	0	1,962	28.53	4.09	$8,024
Jun 2000	0	1,936	29.30	4.40	$8,513
May 2000	0	2,268	27.26	3.68	$8,346
Apr 2000	0	2,187	24.51	3.12	$6,815
Mar 2000	0	2,218	28.42	2.86	$6,343
Feb 2000	0	1,963	27.62	2.73	$5,352
Jan 2000	0	2,032	25.27	2.48	$5,040
Dec 1999	0	2,158	24.28	2.42	$5,230
Nov 1999	0	2,072	23.19	2.43	$5,043
Oct 1999	0	2,067	20.98	2.80	$5,795
Sep 1999	0	2,140	21.75	2.62	$5,604
Aug 1999	0	2,031	19.26	2.88	$5,840
Jul 1999	0	2,154	17.89	2.37	$5,110
Jun 1999	0	2,082	15.94	2.36	$4,918
May 1999	0	2,518	15.79	2.32	$5,844
Apr 1999	0	2,333	15.10	2.21	$5,151
Mar 1999	0	2,462	12.47	1.84	$4,526
Feb 1999	0	2,392	9.98	1.82	$4,348
Jan 1999	0	2,502	10.38	1.90	$4,754
Dec 1998	0	2,542	9.20	1.77	$4,508
Nov 1998	0	2,367	10.89	2.19	$5,174
Oct 1998	0	2,502	12.42	1.97	$4,927
Sep 1998	0	2,510	12.59	2.08	$5,227
Aug 1998	0	3,004	11.30	1.91	$5,730
Jul 1998	0	3,089	11.74	2.24	$6,911
Jun 1998	0	2,629	11.24	2.24	$5,882
May 1998	0	2,498	12.62	2.21	$5,511
Apr 1998	0	2,896	13.04	2.51	$7,255
Mar 1998	0	3,069	12.80	2.31	$7,088
Feb 1998	0	2,959	13.95	2.30	$6,803
Jan 1998	0	3,111	14.70	2.15	$6,704
Dec 1997	0	3,378	16.32	2.41	$8,145
Nov 1997	0	3,062	18.19	3.09	$9,456
Oct 1997	0	3,571	19.25	3.15	$11,248
Sep 1997	0	3,703	17.74	2.95	$10,942
Aug 1997	0	3,748	17.86	2.55	$9,575
Jul 1997	0	3,701	17.58	2.25	$8,316
Jun 1997	0	4,322	17.24	2.26	$9,756
May 1997	0	4,913	18.97	2.31	$11,342
Apr 1997	0	5,216	17.88	2.08	$10,864
Mar 1997	0	6,001	18.95	1.94	$11,637
Feb 1997	0	6,905	20.49	2.21	$15,232
Jan 1997	0	9,982	23.48	3.54	$35,333
Dec 1996	14	0	23.32	—	$326

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.

Feb 2025 — as filed, then multipliedworked

Condensate             1 bbl  × $ 70.88 =        $71
Gas                  154 Mcf  × $  4.34 =       $668

────────────────────────────────────────────────────
Month total                                     $739

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/161495 is the state's own key, not one this site invented.