MONTGOMERY, W. C.

Name: MONTGOMERY, W. C. lease production and value, Mar 1998 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 168981District 7CField 679952002 tax incentive programmesCondensateGasSave Export

Value, all time

$1.9 M

Mar 1998 – May 2026

Value, last 12 filed months

$26 k

at the published price for each month

Months reported

339

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	1998-08-04	139201
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	12 bbl	$353
Gas	Production	462,572 Mcf	$1,876,674
Total			$1,877,027

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 30.5405, -101.2919. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.54055, -101.29188 · 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

6,900 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 6,900 ft.

Completions filed

Mar 1998

1 of 1 wells

1 well


42-10537997	50	6,900 ft	Mar 1998	—	—

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 (339)

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

339 months


May 2026	0	594	106.41	3.05	$1,809
Apr 2026	0	622	98.93	2.87	$1,785
Mar 2026	0	458	89.75	3.15	$1,442
Feb 2026	0	571	63.50	3.75	$2,141
Jan 2026	0	606	59.13	8.00	$4,847
Dec 2025	0	634	56.66	4.41	$2,798
Nov 2025	0	648	58.59	3.93	$2,544
Oct 2025	0	602	59.38	3.30	$1,990
Sep 2025	0	579	62.74	3.08	$1,782
Aug 2025	0	391	63.93	3.01	$1,179
Jul 2025	0	610	66.74	3.32	$2,022
Jun 2025	0	585	66.48	3.13	$1,830
May 2025	0	599	60.55	3.23	$1,936
Apr 2025	0	566	62.36	3.54	$2,005
Mar 2025	0	622	67.70	4.27	$2,655
Feb 2025	0	560	70.88	4.34	$2,431
Jan 2025	0	606	74.32	4.28	$2,593
Dec 2024	0	565	68.99	3.12	$1,764
Nov 2024	0	659	69.05	2.20	$1,449
Oct 2024	0	758	71.37	2.28	$1,729
Sep 2024	0	587	69.61	2.36	$1,388
Aug 2024	0	710	75.63	2.06	$1,465
Jul 2024	0	696	79.93	2.15	$1,494
Jun 2024	0	685	78.08	2.63	$1,804
May 2024	0	727	78.81	2.20	$1,598
Apr 2024	0	664	84.45	1.66	$1,102
Mar 2024	0	726	80.30	1.55	$1,122
Feb 2024	0	701	76.09	1.78	$1,250
Jan 2024	0	726	73.02	3.30	$2,394
Dec 2023	0	741	71.26	2.61	$1,935
Nov 2023	0	751	77.89	2.81	$2,108
Oct 2023	0	697	85.44	3.09	$2,152
Sep 2023	0	745	89.04	2.74	$2,038
Aug 2023	0	744	80.52	2.67	$1,989
Jul 2023	0	737	74.85	2.64	$1,947
Jun 2023	0	724	68.96	2.26	$1,635
May 2023	0	755	70.62	2.23	$1,682
Apr 2023	0	741	78.12	2.24	$1,658
Mar 2023	0	765	72.85	2.39	$1,831
Feb 2023	0	660	75.11	2.47	$1,627
Jan 2023	0	759	76.53	3.39	$2,571
Dec 2022	0	729	76.41	5.73	$4,177
Nov 2022	0	751	85.00	5.65	$4,240
Oct 2022	0	773	87.18	5.86	$4,533
Sep 2022	0	798	84.88	8.16	$6,515
Aug 2022	0	752	94.52	9.13	$6,864
Jul 2022	0	812	101.58	7.54	$6,124
Jun 2022	0	781	115.09	7.98	$6,230
May 2022	0	844	109.37	8.43	$7,117
Apr 2022	0	540	104.22	6.84	$3,692
Mar 2022	0	770	108.88	5.08	$3,909
Feb 2022	0	641	91.05	4.86	$3,115
Jan 2022	0	716	81.84	4.54	$3,249
Dec 2021	0	743	71.32	3.90	$2,897
Nov 2021	0	568	77.43	5.24	$2,975
Oct 2021	0	557	79.79	5.71	$3,183
Sep 2021	0	724	69.86	5.35	$3,874
Aug 2021	0	732	66.02	4.22	$3,089
Jul 2021	0	744	70.78	3.98	$2,963
Jun 2021	0	721	69.49	3.38	$2,437
May 2021	0	610	63.48	3.02	$1,841
Apr 2021	0	733	60.36	2.76	$2,022
Mar 2021	0	735	61.30	2.72	$1,997
Feb 2021	0	622	57.80	5.55	$3,451
Jan 2021	0	727	50.41	2.81	$2,043
Dec 2020	0	756	44.64	2.68	$2,023
Nov 2020	0	760	38.77	2.71	$2,057
Oct 2020	0	850	36.97	2.48	$2,107
Sep 2020	0	708	37.09	1.99	$1,410
Aug 2020	0	751	39.98	2.39	$1,791
Jul 2020	0	720	38.37	1.83	$1,314
Jun 2020	0	786	34.90	1.69	$1,329
May 2020	0	810	16.92	1.81	$1,470
Apr 2020	0	672	14.75	1.80	$1,213
Mar 2020	0	682	30.34	1.86	$1,266
Feb 2020	0	716	49.88	1.98	$1,418
Jan 2020	0	786	57.25	2.09	$1,646
Dec 2019	0	782	59.01	2.30	$1,802
Nov 2019	0	781	55.30	2.75	$2,148
Oct 2019	0	784	53.47	2.42	$1,896
Sep 2019	0	771	55.05	2.66	$2,049
Aug 2019	0	800	53.11	2.30	$1,843
Jul 2019	0	819	56.27	2.46	$2,015
Jun 2019	0	836	52.78	2.49	$2,083
May 2019	0	791	58.48	2.74	$2,168
Apr 2019	0	584	62.63	2.75	$1,606
Mar 2019	0	775	56.80	3.06	$2,373
Feb 2019	0	655	50.85	2.79	$1,829
Jan 2019	0	792	46.03	3.23	$2,557
Dec 2018	0	827	46.59	4.19	$3,461
Nov 2018	0	740	52.93	4.24	$3,136
Oct 2018	0	768	61.44	3.40	$2,610
Sep 2018	0	770	59.54	3.11	$2,393
Aug 2018	0	812	59.40	3.07	$2,490
Jul 2018	0	813	65.14	2.93	$2,384
Jun 2018	0	785	60.18	3.08	$2,415
May 2018	0	801	65.38	2.90	$2,324
Apr 2018	0	776	63.84	2.90	$2,251
Mar 2018	0	755	61.22	2.79	$2,104
Feb 2018	0	605	61.78	2.77	$1,674
Jan 2018	0	702	62.87	4.01	$2,815
Dec 2017	0	692	57.27	2.92	$2,022
Nov 2017	0	713	55.42	3.12	$2,223
Oct 2017	0	722	49.29	2.98	$2,154
Sep 2017	0	719	47.52	3.09	$2,220
Aug 2017	0	759	45.37	3.00	$2,280
Jul 2017	0	779	43.87	3.09	$2,405
Jun 2017	0	763	42.49	3.09	$2,356
May 2017	0	835	45.37	3.26	$2,725
Apr 2017	0	773	47.93	3.21	$2,483
Mar 2017	0	1,608	46.77	2.98	$4,798
Feb 2017	0	738	50.45	2.95	$2,179
Jan 2017	0	829	49.41	3.42	$2,834
Dec 2016	0	803	48.76	3.72	$2,989
Nov 2016	0	801	42.49	2.64	$2,118
Oct 2016	0	773	46.19	3.09	$2,389
Sep 2016	0	772	41.55	3.10	$2,394
Aug 2016	0	844	41.44	2.92	$2,468
Jul 2016	0	750	41.62	2.92	$2,193
Jun 2016	0	744	45.35	2.69	$1,998
May 2016	0	800	42.52	1.99	$1,593
Apr 2016	0	760	36.56	1.99	$1,513
Mar 2016	0	804	33.01	1.79	$1,442
Feb 2016	0	759	26.47	2.06	$1,566
Jan 2016	0	846	27.35	2.36	$2,000
Dec 2015	0	794	32.36	2.00	$1,589
Nov 2015	0	817	38.79	2.17	$1,771
Oct 2015	0	822	43.55	2.43	$1,995
Sep 2015	0	782	42.99	2.76	$2,157
Aug 2015	0	797	40.16	2.87	$2,289
Jul 2015	0	754	48.15	2.95	$2,221
Jun 2015	0	759	56.15	2.88	$2,188
May 2015	0	622	55.21	2.96	$1,838
Apr 2015	0	744	49.82	2.71	$2,014
Mar 2015	0	822	42.89	2.93	$2,412
Feb 2015	0	731	44.66	2.98	$2,176
Jan 2015	0	858	43.43	3.10	$2,660
Dec 2014	0	828	54.69	3.59	$2,974
Nov 2014	0	822	70.46	4.25	$3,495
Oct 2014	0	863	78.30	3.90	$3,367
Sep 2014	0	848	86.16	4.05	$3,431
Aug 2014	0	809	89.39	4.04	$3,264
Jul 2014	0	800	96.56	4.18	$3,344
Jun 2014	0	803	98.16	4.74	$3,804
May 2014	0	823	94.73	4.73	$3,890
Apr 2014	0	788	95.94	4.81	$3,790
Mar 2014	0	813	95.89	5.06	$4,111
Feb 2014	0	765	97.40	6.19	$4,737
Jan 2014	0	809	90.40	4.86	$3,932
Dec 2013	0	787	91.82	4.35	$3,427
Nov 2013	0	800	88.85	3.74	$2,991
Oct 2013	0	860	97.42	3.78	$3,250
Sep 2013	0	835	104.11	3.72	$3,104
Aug 2013	0	880	104.25	3.52	$3,100
Jul 2013	0	880	102.52	3.72	$3,272
Jun 2013	0	871	94.40	3.93	$3,426
May 2013	0	945	94.83	4.15	$3,921
Apr 2013	0	785	93.96	4.28	$3,362
Mar 2013	0	794	93.62	3.91	$3,107
Feb 2013	0	834	91.23	3.42	$2,852
Jan 2013	0	922	91.60	3.42	$3,153
Dec 2012	0	951	86.77	3.42	$3,253
Nov 2012	0	947	86.95	3.62	$3,433
Oct 2012	0	937	89.38	3.40	$3,186
Sep 2012	0	845	94.67	2.92	$2,466
Aug 2012	0	884	92.66	2.91	$2,571
Jul 2012	0	914	85.13	3.02	$2,761
Jun 2012	0	837	79.82	2.52	$2,108
May 2012	0	682	91.61	2.49	$1,697
Apr 2012	0	999	101.65	2.00	$1,995
Mar 2012	0	930	105.05	2.22	$2,067
Feb 2012	0	952	101.10	2.57	$2,447
Jan 2012	0	1,015	98.09	2.73	$2,775
Dec 2011	0	1,020	96.87	3.24	$3,305
Nov 2011	0	998	95.72	3.31	$3,305
Oct 2011	0	1,035	84.98	3.65	$3,776
Sep 2011	0	1,010	83.62	3.99	$4,026
Aug 2011	0	1,041	83.40	4.15	$4,319
Jul 2011	0	1,045	94.14	4.52	$4,721
Jun 2011	0	1,021	92.90	4.64	$4,737
May 2011	0	1,201	98.13	4.40	$5,290
Apr 2011	0	718	105.96	4.33	$3,111
Mar 2011	0	1,025	96.36	4.06	$4,159
Feb 2011	0	925	85.64	4.18	$3,866
Jan 2011	0	1,032	86.50	4.59	$4,736
Dec 2010	0	1,038	85.73	4.35	$4,513
Nov 2010	0	1,014	80.84	3.80	$3,848
Oct 2010	0	1,044	78.10	3.51	$3,663
Sep 2010	0	989	72.63	3.98	$3,936
Aug 2010	0	1,015	73.68	4.42	$4,486
Jul 2010	0	1,021	72.55	4.74	$4,836
Jun 2010	0	990	70.36	4.91	$4,861
May 2010	0	1,025	71.12	4.24	$4,341
Apr 2010	0	997	81.69	4.12	$4,110
Mar 2010	0	1,032	78.39	4.39	$4,529
Feb 2010	0	941	73.58	5.44	$5,121
Jan 2010	0	1,046	74.36	5.96	$6,238
Dec 2009	0	1,041	71.44	5.48	$5,709
Nov 2009	0	1,015	74.59	3.75	$3,808
Oct 2009	0	1,052	72.54	4.11	$4,324
Sep 2009	0	1,021	65.54	3.06	$3,129
Aug 2009	0	1,081	67.42	3.22	$3,479
Jul 2009	0	1,065	61.13	3.46	$3,690
Jun 2009	0	1,041	66.16	3.90	$4,055
May 2009	0	1,266	54.74	3.93	$4,970
Apr 2009	0	1,167	46.77	3.59	$4,187
Mar 2009	0	1,174	42.14	4.06	$4,765
Feb 2009	0	1,063	32.81	4.63	$4,925
Jan 2009	0	1,179	35.86	5.37	$6,332
Dec 2008	0	1,177	37.10	5.98	$7,035
Nov 2008	0	1,004	55.49	6.86	$6,888
Oct 2008	0	776	75.24	6.92	$5,371
Sep 2008	0	911	101.76	7.88	$7,176
Aug 2008	0	991	114.22	8.48	$8,407
Jul 2008	0	1,064	131.08	11.39	$12,118
Jun 2008	0	987	131.33	13.03	$12,863
May 2008	0	1,042	123.17	11.57	$12,060
Apr 2008	0	899	110.31	10.45	$9,399
Mar 2008	0	941	101.90	9.66	$9,094
Feb 2008	0	868	92.53	8.77	$7,613
Jan 2008	0	895	90.38	8.21	$7,344
Dec 2007	0	1,107	88.33	7.30	$8,083
Nov 2007	0	929	91.67	7.29	$6,774
Oct 2007	0	1,119	82.85	6.92	$7,746
Sep 2007	0	1,094	75.84	6.24	$6,831
Aug 2007	0	1,121	69.06	6.39	$7,161
Jul 2007	0	1,152	70.90	6.39	$7,359
Jun 2007	0	1,233	62.00	7.55	$9,307
May 2007	0	1,316	58.74	7.85	$10,326
Apr 2007	0	1,068	59.61	7.81	$8,336
Mar 2007	0	1,268	56.92	7.30	$9,259
Feb 2007	0	1,021	55.10	8.22	$8,389
Jan 2007	0	1,078	50.30	6.73	$7,252
Dec 2006	0	726	56.65	6.92	$5,023
Nov 2006	0	1,174	54.20	7.62	$8,943
Oct 2006	0	1,088	54.90	6.01	$6,543
Sep 2006	0	1,430	60.08	5.04	$7,203
Aug 2006	0	1,258	68.71	7.34	$9,234
Jul 2006	0	1,273	69.37	6.34	$8,074
Jun 2006	0	1,349	66.28	6.38	$8,612
May 2006	0	1,354	66.01	6.42	$8,699
Apr 2006	0	1,360	64.39	7.36	$10,010
Mar 2006	0	1,386	56.70	7.08	$9,817
Feb 2006	0	1,352	57.59	7.75	$10,480
Jan 2006	0	1,439	60.59	8.93	$12,855
Dec 2005	0	1,403	54.94	13.42	$18,822
Nov 2005	0	1,121	54.69	10.59	$11,870
Oct 2005	0	1,632	58.34	13.80	$22,515
Sep 2005	0	1,291	61.45	12.08	$15,594
Aug 2005	0	1,277	61.51	9.80	$12,511
Jul 2005	0	1,557	55.69	7.84	$12,213
Jun 2005	0	1,537	52.33	7.38	$11,345
May 2005	0	1,589	45.22	6.65	$10,569
Apr 2005	0	1,506	49.20	7.36	$11,085
Mar 2005	0	1,524	50.37	7.15	$10,904
Feb 2005	0	1,332	45.22	6.31	$8,407
Jan 2005	0	1,468	43.16	6.32	$9,281
Dec 2004	0	1,710	39.86	6.75	$11,544
Nov 2004	0	1,546	45.28	6.33	$9,787
Oct 2004	0	1,680	49.70	6.52	$10,945
Sep 2004	0	1,676	43.24	5.28	$8,856
Aug 2004	0	1,807	42.37	5.55	$10,030
Jul 2004	0	1,733	38.28	6.08	$10,544
Jun 2004	0	1,778	36.10	6.43	$11,438
May 2004	0	1,778	37.48	6.49	$11,547
Apr 2004	0	1,753	34.47	5.86	$10,270
Mar 2004	0	1,869	34.36	5.53	$10,336
Feb 2004	0	1,635	32.45	5.51	$9,008
Jan 2004	0	1,958	32.03	6.30	$12,335
Dec 2003	0	1,917	30.26	6.30	$12,080
Nov 2003	0	1,917	28.80	4.60	$8,809
Oct 2003	0	1,808	28.17	4.76	$8,605
Sep 2003	0	2,035	26.31	4.75	$9,665
Aug 2003	0	2,319	29.76	5.13	$11,896
Jul 2003	12	2,251	29.41	5.17	$11,992
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	2,010	26.67	5.41	$10,869
Mar 2003	0	2,135	31.14	6.10	$13,015
Feb 2003	0	1,931	33.48	7.93	$15,305
Jan 2003	0	1,722	30.31	5.58	$9,612
Dec 2002	0	1,652	26.91	4.85	$8,018
Nov 2002	0	1,853	24.66	4.14	$7,666
Oct 2002	0	2,206	26.46	4.23	$9,329
Sep 2002	0	2,710	27.44	3.64	$9,851
Aug 2002	0	4,186	25.96	3.16	$13,245
Jul 2002	0	4,466	24.58	3.06	$13,674
Jun 2002	0	4,467	23.73	3.34	$14,912
May 2002	0	4,349	24.66	3.58	$15,587
Apr 2002	0	1,941	23.65	3.51	$6,817
Mar 2002	0	2,035	22.00	3.10	$6,314
Feb 2002	0	1,938	18.22	2.38	$4,604
Jan 2002	0	1,986	17.17	2.38	$4,718
Dec 2001	0	1,895	16.93	2.36	$4,481
Nov 2001	0	1,817	18.07	2.41	$4,371
Oct 2001	0	2,200	19.78	2.53	$5,564
Sep 2001	0	2,232	24.26	2.25	$5,025
Aug 2001	0	2,250	24.87	3.05	$6,870
Jul 2001	0	2,401	23.93	3.20	$7,676
Jun 2001	0	2,348	24.56	3.82	$8,979
May 2001	0	2,301	25.52	4.31	$9,911
Apr 2001	0	2,340	24.68	5.34	$12,485
Mar 2001	0	2,298	24.54	5.38	$12,355
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	2,222	27.47	8.40	$18,662
Dec 2000	0	1,894	26.88	9.12	$17,278
Nov 2000	0	1,982	32.21	5.66	$11,214
Oct 2000	0	2,248	31.23	5.15	$11,567
Sep 2000	0	2,294	31.87	5.19	$11,898
Aug 2000	0	3,407	29.64	4.54	$15,470
Jul 2000	0	2,471	28.53	4.09	$10,106
Jun 2000	0	2,488	29.30	4.40	$10,940
May 2000	0	2,562	27.26	3.68	$9,428
Apr 2000	0	2,458	24.51	3.12	$7,659
Mar 2000	0	2,402	28.42	2.86	$6,869
Feb 2000	0	2,370	27.62	2.73	$6,462
Jan 2000	0	2,577	25.27	2.48	$6,392
Dec 1999	0	2,572	24.28	2.42	$6,234
Nov 1999	0	2,556	23.19	2.43	$6,221
Oct 1999	0	2,863	20.98	2.80	$8,027
Sep 1999	0	3,482	21.75	2.62	$9,119
Aug 1999	0	4,246	19.26	2.88	$12,210
Jul 1999	0	4,513	17.89	2.37	$10,707
Jun 1999	0	4,824	15.94	2.36	$11,395
May 1999	0	5,185	15.79	2.32	$12,034
Apr 1999	0	5,947	15.10	2.21	$13,131
Mar 1999	0	4,466	12.47	1.84	$8,210
Feb 1999	0	3,632	9.98	1.82	$6,602
Jan 1999	0	4,612	10.38	1.90	$8,763
Dec 1998	0	4,957	9.20	1.77	$8,790
Nov 1998	0	5,313	10.89	2.19	$11,613
Oct 1998	0	4,241	12.42	1.97	$8,351
Sep 1998	0	5,538	12.59	2.08	$11,534
Aug 1998	0	5,638	11.30	1.91	$10,754
Jul 1998	0	6,896	11.74	2.24	$15,428
Jun 1998	0	7,260	11.24	2.24	$16,243
May 1998	0	8,275	12.62	2.21	$18,257
Apr 1998	0	8,592	13.04	2.51	$21,526
Mar 1998	0	3,010	12.80	2.31	$6,951

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                  594 Mcf  × $  3.05 =     $1,809

────────────────────────────────────────────────────
Month total                                   $1,809

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/168981 is the state's own key, not one this site invented.