HICKMAN, N. W. "234"

Name: HICKMAN, N. W. "234" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WTG EXPLORATION (P-5 945220) in the PRICE (GRAYBURG) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11341District 7CField 73085500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$516 k

Jan 1993 – Jul 2023

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

367

no gaps in the span

Streams

oil, casinghead gas

The PRICE (GRAYBURG) 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 67 leases and 331 wells, and the rule below applies to all of them.

Discovered

1953-08-25

as the register files it

Field class

Oil

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres.

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: “OPTIONAL 20 ACRE UNITS-W/1500' MAX DIAG.”

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	11,743 bbl	$473,443
Casinghead gas	Production	12,716 Mcf	$42,384
Total			$515,827

2,895 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 (2)

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 31.1636, -101.3230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.16356, -101.32305 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

2,543 ft

2 wells filed one

Completion to plug

33.7 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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

Between 2,500 and 2,586 ft, median 2,543 ft, over the 2 wells that filed a depth.

Completions filed

Oct 1981 – May 1985

2 of 2 wells

Plug dates filed

Mar 2011 – Apr 2023

2 of 2 wells

Last completion to plug: a median of 33.7 years across the 2 wells that filed both dates, with the middle half between 29.8 years and 37.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38333443	25	2,500 ft	May 1985	Mar 2011	Yes
42-38331874	16	2,586 ft	Oct 1981	Apr 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 (367)

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

367 months


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	47	30	72.85	2.39	$3,496
Feb 2023	0	30	75.11	2.47	$74
Jan 2023	0	30	76.53	3.39	$102
Dec 2022	167	30	76.41	5.73	$12,932
Nov 2022	0	30	85.00	5.65	$169
Oct 2022	0	30	87.18	5.86	$176
Sep 2022	0	30	84.88	8.16	$245
Aug 2022	0	30	94.52	9.13	$274
Jul 2022	0	30	101.58	7.54	$226
Jun 2022	0	30	115.09	7.98	$239
May 2022	0	30	109.37	8.43	$253
Apr 2022	0	30	104.22	6.84	$205
Mar 2022	0	30	108.88	5.08	$152
Feb 2022	0	30	91.05	4.86	$146
Jan 2022	0	30	81.84	4.54	$136
Dec 2021	0	30	71.32	3.90	$117
Nov 2021	0	30	77.43	5.24	$157
Oct 2021	0	30	79.79	5.71	$171
Sep 2021	0	30	69.86	5.35	$161
Aug 2021	0	30	66.02	4.22	$127
Jul 2021	30	30	70.78	3.98	$2,243
Jun 2021	0	30	69.49	3.38	$101
May 2021	0	30	63.48	3.02	$91
Apr 2021	57	30	60.36	2.76	$3,523
Mar 2021	0	30	61.30	2.72	$82
Feb 2021	56	30	57.80	5.55	$3,403
Jan 2021	0	30	50.41	2.81	$84
Dec 2020	57	30	44.64	2.68	$2,625
Nov 2020	0	30	38.77	2.71	$81
Oct 2020	57	30	36.97	2.48	$2,182
Sep 2020	0	30	37.09	1.99	$60
Aug 2020	0	30	39.98	2.39	$72
Jul 2020	58	30	38.37	1.83	$2,280
Jun 2020	113	30	34.90	1.69	$3,994
May 2020	0	30	16.92	1.81	$54
Apr 2020	57	30	14.75	1.80	$895
Mar 2020	0	30	30.34	1.86	$56
Feb 2020	56	30	49.88	1.98	$2,853
Jan 2020	0	30	57.25	2.09	$63
Dec 2019	58	30	59.01	2.30	$3,492
Nov 2019	0	30	55.30	2.75	$83
Oct 2019	58	30	53.47	2.42	$3,174
Sep 2019	0	30	55.05	2.66	$80
Aug 2019	57	30	53.11	2.30	$3,096
Jul 2019	57	30	56.27	2.46	$3,281
Jun 2019	0	30	52.78	2.49	$75
May 2019	0	30	58.48	2.74	$82
Apr 2019	59	30	62.63	2.75	$3,778
Mar 2019	0	30	56.80	3.06	$92
Feb 2019	59	30	50.85	2.79	$3,084
Jan 2019	0	30	46.03	3.23	$97
Dec 2018	58	30	46.59	4.19	$2,828
Nov 2018	0	30	52.93	4.24	$127
Oct 2018	59	30	61.44	3.40	$3,727
Sep 2018	0	30	59.54	3.11	$93
Aug 2018	58	30	59.40	3.07	$3,537
Jul 2018	0	30	65.14	2.93	$88
Jun 2018	57	30	60.18	3.08	$3,523
May 2018	0	30	65.38	2.90	$87
Apr 2018	59	30	63.84	2.90	$3,854
Mar 2018	2	30	61.22	2.79	$206
Feb 2018	56	30	61.78	2.77	$3,543
Jan 2018	0	30	62.87	4.01	$120
Dec 2017	60	30	57.27	2.92	$3,524
Nov 2017	0	30	55.42	3.12	$94
Oct 2017	58	30	49.29	2.98	$2,948
Sep 2017	0	30	47.52	3.09	$93
Aug 2017	59	30	45.37	3.00	$2,767
Jul 2017	0	30	43.87	3.09	$93
Jun 2017	57	30	42.49	3.09	$2,515
May 2017	0	30	45.37	3.26	$98
Apr 2017	57	30	47.93	3.21	$2,828
Mar 2017	0	30	46.77	2.98	$90
Feb 2017	58	30	50.45	2.95	$3,015
Jan 2017	0	30	49.41	3.42	$103
Dec 2016	0	30	48.76	3.72	$112
Nov 2016	59	30	42.49	2.64	$2,586
Oct 2016	0	30	46.19	3.09	$93
Sep 2016	0	30	41.55	3.10	$93
Aug 2016	58	30	41.44	2.92	$2,491
Jul 2016	0	30	41.62	2.92	$88
Jun 2016	56	30	45.35	2.69	$2,620
May 2016	0	30	42.52	1.99	$60
Apr 2016	58	30	36.56	1.99	$2,180
Mar 2016	0	30	33.01	1.79	$54
Feb 2016	59	30	26.47	2.06	$1,624
Jan 2016	0	30	27.35	2.36	$71
Dec 2015	56	30	32.36	2.00	$1,872
Nov 2015	0	30	38.79	2.17	$65
Oct 2015	0	30	43.55	2.43	$73
Sep 2015	0	30	42.99	2.76	$83
Aug 2015	53	30	40.16	2.87	$2,215
Jul 2015	56	30	48.15	2.95	$2,785
Jun 2015	0	30	56.15	2.88	$86
May 2015	0	30	55.21	2.96	$89
Apr 2015	56	30	49.82	2.71	$2,871
Mar 2015	56	30	42.89	2.93	$2,490
Feb 2015	0	30	44.66	2.98	$89
Jan 2015	56	30	43.43	3.10	$2,525
Dec 2014	0	30	54.69	3.59	$108
Nov 2014	0	30	70.46	4.25	$128
Oct 2014	57	30	78.30	3.90	$4,580
Sep 2014	0	30	86.16	4.05	$121
Aug 2014	57	30	89.39	4.04	$5,216
Jul 2014	56	30	96.56	4.18	$5,533
Jun 2014	0	30	98.16	4.74	$142
May 2014	0	30	94.73	4.73	$142
Apr 2014	56	30	95.94	4.81	$5,517
Mar 2014	0	30	95.89	5.06	$152
Feb 2014	56	30	97.40	6.19	$5,640
Jan 2014	0	30	90.40	4.86	$146
Dec 2013	57	61	91.82	4.35	$5,499
Nov 2013	0	30	88.85	3.74	$112
Oct 2013	0	30	97.42	3.78	$113
Sep 2013	57	30	104.11	3.72	$6,046
Aug 2013	0	30	104.25	3.52	$106
Jul 2013	57	30	102.52	3.72	$5,955
Jun 2013	0	30	94.40	3.93	$118
May 2013	0	30	94.83	4.15	$124
Apr 2013	0	30	93.96	4.28	$128
Mar 2013	57	30	93.62	3.91	$5,454
Feb 2013	0	30	91.23	3.42	$103
Jan 2013	58	30	91.60	3.42	$5,415
Dec 2012	1	30	86.77	3.42	$189
Nov 2012	59	30	86.95	3.62	$5,239
Oct 2012	0	30	89.38	3.40	$102
Sep 2012	58	30	94.67	2.92	$5,578
Aug 2012	0	30	92.66	2.91	$87
Jul 2012	56	30	85.13	3.02	$4,858
Jun 2012	0	30	79.82	2.52	$76
May 2012	0	30	91.61	2.49	$75
Apr 2012	58	30	101.65	2.00	$5,956
Mar 2012	0	30	105.05	2.22	$67
Feb 2012	58	30	101.10	2.57	$5,941
Jan 2012	0	30	98.09	2.73	$82
Dec 2011	0	30	96.87	3.24	$97
Nov 2011	58	30	95.72	3.31	$5,651
Oct 2011	0	30	84.98	3.65	$109
Sep 2011	57	30	83.62	3.99	$4,886
Aug 2011	57	30	83.40	4.15	$4,878
Jul 2011	0	30	94.14	4.52	$136
Jun 2011	0	30	92.90	4.64	$139
May 2011	56	30	98.13	4.40	$5,627
Apr 2011	0	30	105.96	4.33	$130
Mar 2011	0	30	96.36	4.06	$122
Feb 2011	55	30	85.64	4.18	$4,836
Jan 2011	0	30	86.50	4.59	$138
Dec 2010	56	30	85.73	4.35	$4,931
Nov 2010	57	30	80.84	3.80	$4,722
Oct 2010	0	30	78.10	3.51	$105
Sep 2010	56	30	72.63	3.98	$4,187
Aug 2010	58	30	73.68	4.42	$4,406
Jul 2010	0	30	72.55	4.74	$142
Jun 2010	0	30	70.36	4.91	$147
May 2010	58	30	71.12	4.24	$4,252
Apr 2010	0	30	81.69	4.12	$124
Mar 2010	55	30	78.39	4.39	$4,443
Feb 2010	0	30	73.58	5.44	$163
Jan 2010	0	30	74.36	5.96	$179
Dec 2009	0	30	71.44	5.48	$165
Nov 2009	56	30	74.59	3.75	$4,290
Oct 2009	0	30	72.54	4.11	$123
Sep 2009	0	30	65.54	3.06	$92
Aug 2009	56	30	67.42	3.22	$3,872
Jul 2009	0	30	61.13	3.46	$104
Jun 2009	55	30	66.16	3.90	$3,756
May 2009	54	30	54.74	3.93	$3,074
Apr 2009	0	30	46.77	3.59	$108
Mar 2009	57	30	42.14	4.06	$2,524
Feb 2009	0	30	32.81	4.63	$139
Jan 2009	56	30	35.86	5.37	$2,169
Dec 2008	58	30	37.10	5.98	$2,331
Nov 2008	49	30	55.49	6.86	$2,925
Oct 2008	0	30	75.24	6.92	$208
Sep 2008	0	30	101.76	7.88	$236
Aug 2008	55	30	114.22	8.48	$6,537
Jul 2008	0	30	131.08	11.39	$342
Jun 2008	57	30	131.33	13.03	$7,877
May 2008	0	30	123.17	11.57	$347
Apr 2008	2	30	110.31	10.45	$534
Mar 2008	34	30	101.90	9.66	$3,755
Feb 2008	55	30	92.53	8.77	$5,352
Jan 2008	0	30	90.38	8.21	$246
Dec 2007	0	30	88.33	7.30	$219
Nov 2007	2	30	91.67	7.29	$402
Oct 2007	0	30	82.85	6.92	$208
Sep 2007	0	30	75.84	6.24	$187
Aug 2007	0	30	69.06	6.39	$192
Jul 2007	0	30	70.90	6.39	$192
Jun 2007	0	30	62.00	7.55	$226
May 2007	56	30	58.74	7.85	$3,525
Apr 2007	7	30	59.61	7.81	$651
Mar 2007	16	30	56.92	7.30	$1,130
Feb 2007	32	30	55.10	8.22	$2,010
Jan 2007	9	30	50.30	6.73	$655
Dec 2006	14	30	56.65	6.92	$1,001
Nov 2006	0	30	54.20	7.62	$229
Oct 2006	1	30	54.90	6.01	$235
Sep 2006	58	30	60.08	5.04	$3,636
Aug 2006	1	30	68.71	7.34	$289
Jul 2006	0	30	69.37	6.34	$190
Jun 2006	56	30	66.28	6.38	$3,903
May 2006	1	30	66.01	6.42	$259
Apr 2006	57	30	64.39	7.36	$3,891
Mar 2006	0	30	56.70	7.08	$212
Feb 2006	54	30	57.59	7.75	$3,342
Jan 2006	57	30	60.59	8.93	$3,722
Dec 2005	0	30	54.94	13.42	$402
Nov 2005	0	30	54.69	10.59	$318
Oct 2005	55	30	58.34	13.80	$3,623
Sep 2005	0	30	61.45	12.08	$362
Aug 2005	55	30	61.51	9.80	$3,677
Jul 2005	4	30	55.69	7.84	$458
Jun 2005	56	30	52.33	7.38	$3,152
May 2005	54	30	45.22	6.65	$2,641
Apr 2005	70	30	49.20	7.36	$3,665
Mar 2005	2	30	50.37	7.15	$315
Feb 2005	1	30	45.22	6.31	$235
Jan 2005	63	30	43.16	6.32	$2,909
Dec 2004	10	30	39.86	6.75	$601
Nov 2004	57	30	45.28	6.33	$2,771
Oct 2004	0	30	49.70	6.52	$195
Sep 2004	56	30	43.24	5.28	$2,580
Aug 2004	0	30	42.37	5.55	$167
Jul 2004	55	30	38.28	6.08	$2,288
Jun 2004	0	30	36.10	6.43	$193
May 2004	56	30	37.48	6.49	$2,294
Apr 2004	0	30	34.47	5.86	$176
Mar 2004	56	30	34.36	5.53	$2,090
Feb 2004	60	30	32.45	5.51	$2,112
Jan 2004	0	30	32.03	6.30	$189
Dec 2003	0	30	30.26	6.30	$189
Nov 2003	57	30	28.80	4.60	$1,779
Oct 2003	0	30	28.17	4.76	$143
Sep 2003	56	30	26.31	4.75	$1,616
Aug 2003	0	30	29.76	5.13	$154
Jul 2003	57	30	29.41	5.17	$1,832
Jun 2003	0	30	28.56	5.98	$179
May 2003	56	30	26.59	5.97	$1,668
Apr 2003	2	30	26.67	5.41	$216
Mar 2003	56	30	31.14	6.10	$1,927
Feb 2003	0	30	33.48	7.93	$238
Jan 2003	57	30	30.31	5.58	$1,895
Dec 2002	58	30	26.91	4.85	$1,706
Nov 2002	59	30	24.66	4.14	$1,579
Oct 2002	0	30	26.46	4.23	$127
Sep 2002	0	30	27.44	3.64	$109
Aug 2002	59	132	25.96	3.16	$1,949
Jul 2002	0	180	24.58	3.06	$551
Jun 2002	57	30	23.73	3.34	$1,453
May 2002	0	30	24.66	3.58	$108
Apr 2002	59	30	23.65	3.51	$1,501
Mar 2002	0	30	22.00	3.10	$93
Feb 2002	55	30	18.22	2.38	$1,073
Jan 2002	0	118	17.17	2.38	$280
Dec 2001	48	30	16.93	2.36	$884
Nov 2001	60	30	18.07	2.41	$1,156
Oct 2001	0	30	19.78	2.53	$76
Sep 2001	60	30	24.26	2.25	$1,523
Aug 2001	0	30	24.87	3.05	$92
Jul 2001	30	30	23.93	3.20	$814
Jun 2001	71	30	24.56	3.82	$1,858
May 2001	2	30	25.52	4.31	$180
Apr 2001	0	30	24.68	5.34	$160
Mar 2001	62	30	24.54	5.38	$1,683
Feb 2001	0	30	27.75	5.77	$173
Jan 2001	61	30	27.47	8.40	$1,928
Dec 2000	0	30	26.88	9.12	$274
Nov 2000	31	30	32.21	5.66	$1,168
Oct 2000	62	30	31.23	5.15	$2,091
Sep 2000	0	30	31.87	5.19	$156
Aug 2000	62	30	29.64	4.54	$1,974
Jul 2000	0	30	28.53	4.09	$123
Jun 2000	60	30	29.30	4.40	$1,890
May 2000	0	30	27.26	3.68	$110
Apr 2000	61	30	24.51	3.12	$1,589
Mar 2000	0	30	28.42	2.86	$86
Feb 2000	76	30	27.62	2.73	$2,181
Jan 2000	0	30	25.27	2.48	$74
Dec 1999	80	30	24.28	2.42	$2,015
Nov 1999	0	30	23.19	2.43	$73
Oct 1999	76	30	20.98	2.80	$1,679
Sep 1999	94	30	21.75	2.62	$2,123
Aug 1999	1	30	19.26	2.88	$106
Jul 1999	48	30	17.89	2.37	$930
Jun 1999	43	30	15.94	2.36	$756
May 1999	0	30	15.79	2.32	$70
Apr 1999	41	30	15.10	2.21	$685
Mar 1999	77	30	12.47	1.84	$1,015
Feb 1999	0	30	9.98	1.82	$55
Jan 1999	74	30	10.38	1.90	$825
Dec 1998	0	30	9.20	1.77	$53
Nov 1998	70	30	10.89	2.19	$828
Oct 1998	69	30	12.42	1.97	$916
Sep 1998	138	30	12.59	2.08	$1,800
Aug 1998	0	30	11.30	1.91	$57
Jul 1998	0	30	11.74	2.24	$67
Jun 1998	0	30	11.24	2.24	$67
May 1998	68	30	12.62	2.21	$924
Apr 1998	0	30	13.04	2.51	$75
Mar 1998	72	30	12.80	2.31	$991
Feb 1998	70	30	13.95	2.30	$1,045
Jan 1998	0	30	14.70	2.15	$65
Dec 1997	65	30	16.32	2.41	$1,133
Nov 1997	69	30	18.19	3.09	$1,348
Oct 1997	0	30	19.25	3.15	$94
Sep 1997	67	30	17.74	2.95	$1,277
Aug 1997	68	30	17.86	2.55	$1,291
Jul 1997	70	30	17.58	2.25	$1,298
Jun 1997	70	30	17.24	2.26	$1,275
May 1997	0	30	18.97	2.31	$69
Apr 1997	123	30	17.88	2.08	$2,262
Mar 1997	0	30	18.95	1.94	$58
Feb 1997	68	30	20.49	2.21	$1,460
Jan 1997	61	30	23.48	3.54	$1,538
Dec 1996	63	30	23.32	—	$1,469
Nov 1996	96	30	21.97	—	$2,109
Oct 1996	73	30	23.31	—	$1,702
Sep 1996	75	30	22.22	—	$1,667
Aug 1996	93	30	20.26	—	$1,884
Jul 1996	88	30	19.55	—	$1,720
Jun 1996	93	30	18.73	—	$1,742
May 1996	0	30	19.43	—	$0
Apr 1996	0	30	21.51	—	$0
Mar 1996	123	30	19.38	—	$2,384
Feb 1996	0	30	16.98	—	$0
Jan 1996	0	30	17.07	—	$0
Dec 1995	115	30	17.19	—	$1,977
Nov 1995	0	30	16.00	—	$0
Oct 1995	0	113	15.43	—	$0
Sep 1995	79	63	16.18	—	$1,278
Aug 1995	78	88	15.92	—	$1,242
Jul 1995	75	104	15.24	—	$1,143
Jun 1995	73	80	16.41	—	$1,198
May 1995	73	88	17.56	—	$1,282
Apr 1995	71	102	17.73	—	$1,259
Mar 1995	91	73	16.44	—	$1,496
Feb 1995	93	37	16.58	—	$1,542
Jan 1995	0	36	15.92	—	$0
Dec 1994	0	36	15.03	—	$0
Nov 1994	85	36	15.90	—	$1,352
Oct 1994	1	50	15.58	—	$16
Sep 1994	86	77	15.29	—	$1,315
Aug 1994	91	82	16.13	—	$1,468
Jul 1994	92	86	17.56	—	$1,616
Jun 1994	87	94	17.09	—	$1,487
May 1994	0	78	15.88	—	$0
Apr 1994	63	61	14.14	—	$891
Mar 1994	72	86	12.46	—	$897
Feb 1994	73	69	12.50	—	$913
Jan 1994	67	47	12.66	—	$848
Dec 1993	65	55	12.33	—	$801
Nov 1993	73	56	14.49	—	$1,058
Oct 1993	0	49	15.85	—	$0
Sep 1993	70	70	15.03	—	$1,052
Aug 1993	72	71	15.66	—	$1,128
Jul 1993	66	86	15.46	—	$1,020
Jun 1993	68	85	16.79	—	$1,142
May 1993	74	109	17.68	—	$1,308
Apr 1993	70	82	18.05	—	$1,264
Mar 1993	65	72	18.14	—	$1,179
Feb 1993	86	73	17.90	—	$1,539
Jan 1993	69	81	16.93	—	$1,168

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.

Mar 2023 — as filed, then multipliedworked

Oil                   47 bbl  × $ 72.85 =     $3,424
Casinghead gas        30 Mcf  × $  2.39 =        $72

────────────────────────────────────────────────────
Month total                                   $3,496

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/O/11341 is the state's own key, not one this site invented.