UNIVERSITY "15" "A"

Name: UNIVERSITY "15" "A" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12144District 7CField 85279200OilCasinghead gasSave Export

Value, all time

$838 k

Jan 1993 – Jan 2024

Value, last 12 filed months

$16 k

at the published price for each month

Months reported

373

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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	14,745 bbl	$645,841
Casinghead gas	Production	66,637 Mcf	$191,782
Total			$837,623

17,858 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 (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 31.2543, -101.7193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.25427, -101.71931 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,950 ft

1 wells filed one

Completion to plug

40.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

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

1100.0%

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

The one well that filed a depth was drilled to 7,950 ft.

Completions filed

Aug 1983

1 of 1 wells

Plug dates filed

Oct 2023

1 of 1 wells

Last completion to plug: a median of 40.2 years across the 1 well that filed both dates, with the middle half between 40.2 years and 40.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-38332504	1	7,950 ft	Aug 1983	Oct 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 (373)

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

373 months


Jan 2024	0	0	73.02	3.30	$0
Dec 2023	0	0	71.26	2.61	$0
Nov 2023	55	0	77.89	2.81	$4,284
Oct 2023	0	0	85.44	3.09	$0
Sep 2023	0	0	89.04	2.74	$0
Aug 2023	0	204	80.52	2.67	$545
Jul 2023	0	234	74.85	2.64	$618
Jun 2023	0	297	68.96	2.26	$671
May 2023	0	594	70.62	2.23	$1,323
Apr 2023	0	1,481	78.12	2.24	$3,314
Mar 2023	0	2,184	72.85	2.39	$5,227
Feb 2023	0	83	75.11	2.47	$205
Jan 2023	159	107	76.53	3.39	$12,531
Dec 2022	0	87	76.41	5.73	$498
Nov 2022	0	84	85.00	5.65	$474
Oct 2022	0	100	87.18	5.86	$586
Sep 2022	0	141	84.88	8.16	$1,151
Aug 2022	0	87	94.52	9.13	$794
Jul 2022	0	108	101.58	7.54	$815
Jun 2022	0	122	115.09	7.98	$973
May 2022	0	117	109.37	8.43	$987
Apr 2022	132	114	104.22	6.84	$14,537
Mar 2022	0	87	108.88	5.08	$442
Feb 2022	0	92	91.05	4.86	$447
Jan 2022	0	87	81.84	4.54	$395
Dec 2021	0	87	71.32	3.90	$339
Nov 2021	71	65	77.43	5.24	$5,838
Oct 2021	0	78	79.79	5.71	$446
Sep 2021	75	78	69.86	5.35	$5,657
Aug 2021	0	58	66.02	4.22	$245
Jul 2021	0	98	70.78	3.98	$390
Jun 2021	73	114	69.49	3.38	$5,458
May 2021	0	76	63.48	3.02	$229
Apr 2021	0	48	60.36	2.76	$132
Mar 2021	74	52	61.30	2.72	$4,677
Feb 2021	0	96	57.80	5.55	$533
Jan 2021	0	123	50.41	2.81	$346
Dec 2020	62	119	44.64	2.68	$3,086
Nov 2020	0	134	38.77	2.71	$363
Oct 2020	0	111	36.97	2.48	$275
Sep 2020	0	122	37.09	1.99	$243
Aug 2020	68	122	39.98	2.39	$3,010
Jul 2020	69	121	38.37	1.83	$2,868
Jun 2020	0	107	34.90	1.69	$181
May 2020	0	110	16.92	1.81	$200
Apr 2020	0	152	14.75	1.80	$274
Mar 2020	70	152	30.34	1.86	$2,406
Feb 2020	0	90	49.88	1.98	$178
Jan 2020	69	113	57.25	2.09	$4,187
Dec 2019	0	122	59.01	2.30	$281
Nov 2019	73	120	55.30	2.75	$4,367
Oct 2019	0	153	53.47	2.42	$370
Sep 2019	0	99	55.05	2.66	$263
Aug 2019	94	39	53.11	2.30	$5,082
Jul 2019	0	140	56.27	2.46	$344
Jun 2019	0	143	52.78	2.49	$356
May 2019	92	120	58.48	2.74	$5,709
Apr 2019	0	135	62.63	2.75	$371
Mar 2019	79	133	56.80	3.06	$4,894
Feb 2019	0	131	50.85	2.79	$366
Jan 2019	0	125	46.03	3.23	$404
Dec 2018	78	124	46.59	4.19	$4,153
Nov 2018	0	78	52.93	4.24	$331
Oct 2018	78	104	61.44	3.40	$5,146
Sep 2018	0	20	59.54	3.11	$62
Aug 2018	0	24	59.40	3.07	$74
Jul 2018	73	89	65.14	2.93	$5,016
Jun 2018	0	113	60.18	3.08	$348
May 2018	62	182	65.38	2.90	$4,582
Apr 2018	0	180	63.84	2.90	$522
Mar 2018	70	181	61.22	2.79	$4,790
Feb 2018	0	142	61.78	2.77	$393
Jan 2018	56	94	62.87	4.01	$3,898
Dec 2017	0	90	57.27	2.92	$263
Nov 2017	0	98	55.42	3.12	$306
Oct 2017	0	99	49.29	2.98	$295
Sep 2017	72	131	47.52	3.09	$3,826
Aug 2017	0	86	45.37	3.00	$258
Jul 2017	0	79	43.87	3.09	$244
Jun 2017	78	46	42.49	3.09	$3,456
May 2017	0	83	45.37	3.26	$271
Apr 2017	0	76	47.93	3.21	$244
Mar 2017	69	75	46.77	2.98	$3,451
Feb 2017	65	62	50.45	2.95	$3,462
Jan 2017	0	72	49.41	3.42	$246
Dec 2016	66	107	48.76	3.72	$3,617
Nov 2016	2	37	42.49	2.64	$183
Oct 2016	62	54	46.19	3.09	$3,031
Sep 2016	58	77	41.55	3.10	$2,649
Aug 2016	0	79	41.44	2.92	$231
Jul 2016	63	88	41.62	2.92	$2,879
Jun 2016	68	84	45.35	2.69	$3,309
May 2016	0	108	42.52	1.99	$215
Apr 2016	68	96	36.56	1.99	$2,677
Mar 2016	0	118	33.01	1.79	$212
Feb 2016	79	116	26.47	2.06	$2,331
Jan 2016	97	137	27.35	2.36	$2,977
Dec 2015	0	116	32.36	2.00	$232
Nov 2015	119	119	38.79	2.17	$4,874
Oct 2015	0	123	43.55	2.43	$298
Sep 2015	105	121	42.99	2.76	$4,848
Aug 2015	0	107	40.16	2.87	$307
Jul 2015	94	114	48.15	2.95	$4,862
Jun 2015	79	120	56.15	2.88	$4,782
May 2015	0	111	55.21	2.96	$328
Apr 2015	79	31	49.82	2.71	$4,020
Mar 2015	0	112	42.89	2.93	$329
Feb 2015	81	119	44.66	2.98	$3,972
Jan 2015	75	85	43.43	3.10	$3,521
Dec 2014	0	92	54.69	3.59	$330
Nov 2014	76	52	70.46	4.25	$5,576
Oct 2014	0	91	78.30	3.90	$355
Sep 2014	92	74	86.16	4.05	$8,226
Aug 2014	0	59	89.39	4.04	$238
Jul 2014	112	113	96.56	4.18	$11,287
Jun 2014	115	36	98.16	4.74	$11,459
May 2014	0	62	94.73	4.73	$293
Apr 2014	129	72	95.94	4.81	$12,723
Mar 2014	0	56	95.89	5.06	$283
Feb 2014	121	37	97.40	6.19	$12,015
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	103	54	91.82	4.35	$9,693
Nov 2013	0	43	88.85	3.74	$161
Oct 2013	107	9	97.42	3.78	$10,458
Sep 2013	0	26	104.11	3.72	$97
Aug 2013	101	34	104.25	3.52	$10,649
Jul 2013	0	46	102.52	3.72	$171
Jun 2013	75	12	94.40	3.93	$7,127
May 2013	76	39	94.83	4.15	$7,369
Apr 2013	70	5	93.96	4.28	$6,599
Mar 2013	0	84	93.62	3.91	$329
Feb 2013	0	54	91.23	3.42	$185
Jan 2013	84	39	91.60	3.42	$7,828
Dec 2012	78	10	86.77	3.42	$6,802
Nov 2012	70	16	86.95	3.62	$6,145
Oct 2012	0	64	89.38	3.40	$218
Sep 2012	48	24	94.67	2.92	$4,614
Aug 2012	0	5	92.66	2.91	$15
Jul 2012	31	10	85.13	3.02	$2,669
Jun 2012	0	29	79.82	2.52	$73
May 2012	0	8	91.61	2.49	$20
Apr 2012	164	77	101.65	2.00	$16,824
Mar 2012	0	126	105.05	2.22	$280
Feb 2012	0	116	101.10	2.57	$298
Jan 2012	0	127	98.09	2.73	$347
Dec 2011	191	131	96.87	3.24	$18,927
Nov 2011	0	103	95.72	3.31	$341
Oct 2011	0	90	84.98	3.65	$328
Sep 2011	0	43	83.62	3.99	$171
Aug 2011	3	42	83.40	4.15	$424
Jul 2011	1	94	94.14	4.52	$519
Jun 2011	185	39	92.90	4.64	$17,367
May 2011	0	111	98.13	4.40	$489
Apr 2011	0	129	105.96	4.33	$559
Mar 2011	0	131	96.36	4.06	$532
Feb 2011	0	151	85.64	4.18	$631
Jan 2011	0	129	86.50	4.59	$592
Dec 2010	0	124	85.73	4.35	$539
Nov 2010	175	125	80.84	3.80	$14,621
Oct 2010	0	110	78.10	3.51	$386
Sep 2010	1	147	72.63	3.98	$658
Aug 2010	0	138	73.68	4.42	$610
Jul 2010	0	109	72.55	4.74	$516
Jun 2010	3	127	70.36	4.91	$835
May 2010	0	147	71.12	4.24	$623
Apr 2010	183	116	81.69	4.12	$15,428
Mar 2010	3	140	78.39	4.39	$850
Feb 2010	7	119	73.58	5.44	$1,163
Jan 2010	6	144	74.36	5.96	$1,305
Dec 2009	7	137	71.44	5.48	$1,251
Nov 2009	184	127	74.59	3.75	$14,201
Oct 2009	0	149	72.54	4.11	$612
Sep 2009	0	119	65.54	3.06	$365
Aug 2009	0	158	67.42	3.22	$509
Jul 2009	0	151	61.13	3.46	$523
Jun 2009	0	55	66.16	3.90	$214
May 2009	0	88	54.74	3.93	$345
Apr 2009	0	142	46.77	3.59	$509
Mar 2009	0	77	42.14	4.06	$313
Feb 2009	15	71	32.81	4.63	$821
Jan 2009	0	66	35.86	5.37	$354
Dec 2008	373	47	37.10	5.98	$14,119
Nov 2008	0	75	55.49	6.86	$515
Oct 2008	0	77	75.24	6.92	$533
Sep 2008	0	42	101.76	7.88	$331
Aug 2008	0	58	114.22	8.48	$492
Jul 2008	0	72	131.08	11.39	$820
Jun 2008	0	182	131.33	13.03	$2,372
May 2008	0	118	123.17	11.57	$1,366
Apr 2008	0	182	110.31	10.45	$1,903
Mar 2008	0	189	101.90	9.66	$1,827
Feb 2008	0	159	92.53	8.77	$1,395
Jan 2008	0	188	90.38	8.21	$1,543
Dec 2007	0	182	88.33	7.30	$1,329
Nov 2007	173	189	91.67	7.29	$17,237
Oct 2007	0	188	82.85	6.92	$1,301
Sep 2007	0	193	75.84	6.24	$1,205
Aug 2007	0	148	69.06	6.39	$945
Jul 2007	0	141	70.90	6.39	$901
Jun 2007	0	92	62.00	7.55	$694
May 2007	0	152	58.74	7.85	$1,193
Apr 2007	183	162	59.61	7.81	$12,173
Mar 2007	0	176	56.92	7.30	$1,285
Feb 2007	0	179	55.10	8.22	$1,471
Jan 2007	0	144	50.30	6.73	$969
Dec 2006	0	163	56.65	6.92	$1,128
Nov 2006	171	170	54.20	7.62	$10,563
Oct 2006	0	223	54.90	6.01	$1,341
Sep 2006	0	60	60.08	5.04	$302
Aug 2006	0	78	68.71	7.34	$573
Jul 2006	0	72	69.37	6.34	$457
Jun 2006	0	50	66.28	6.38	$319
May 2006	0	82	66.01	6.42	$527
Apr 2006	171	34	64.39	7.36	$11,261
Mar 2006	0	51	56.70	7.08	$361
Feb 2006	187	45	57.59	7.75	$11,118
Jan 2006	0	34	60.59	8.93	$304
Dec 2005	0	38	54.94	13.42	$510
Nov 2005	0	72	54.69	10.59	$762
Oct 2005	0	111	58.34	13.80	$1,531
Sep 2005	0	114	61.45	12.08	$1,377
Aug 2005	0	136	61.51	9.80	$1,332
Jul 2005	0	124	55.69	7.84	$973
Jun 2005	186	101	52.33	7.38	$10,479
May 2005	0	95	45.22	6.65	$632
Apr 2005	2	117	49.20	7.36	$960
Mar 2005	0	116	50.37	7.15	$830
Feb 2005	0	108	45.22	6.31	$682
Jan 2005	0	138	43.16	6.32	$872
Dec 2004	0	151	39.86	6.75	$1,019
Nov 2004	71	142	45.28	6.33	$4,114
Oct 2004	173	100	49.70	6.52	$9,250
Sep 2004	0	107	43.24	5.28	$565
Aug 2004	0	103	42.37	5.55	$572
Jul 2004	0	146	38.28	6.08	$888
Jun 2004	0	204	36.10	6.43	$1,312
May 2004	179	208	37.48	6.49	$8,060
Apr 2004	0	196	34.47	5.86	$1,148
Mar 2004	0	182	34.36	5.53	$1,006
Feb 2004	0	137	32.45	5.51	$755
Jan 2004	0	179	32.03	6.30	$1,128
Dec 2003	180	158	30.26	6.30	$6,442
Nov 2003	0	181	28.80	4.60	$832
Oct 2003	0	186	28.17	4.76	$885
Sep 2003	0	185	26.31	4.75	$879
Aug 2003	174	173	29.76	5.13	$6,066
Jul 2003	0	191	29.41	5.17	$988
Jun 2003	0	129	28.56	5.98	$772
May 2003	0	183	26.59	5.97	$1,093
Apr 2003	0	177	26.67	5.41	$957
Mar 2003	0	199	31.14	6.10	$1,213
Feb 2003	178	171	33.48	7.93	$7,315
Jan 2003	0	142	30.31	5.58	$793
Dec 2002	0	156	26.91	4.85	$757
Nov 2002	173	153	24.66	4.14	$4,899
Oct 2002	0	151	26.46	4.23	$639
Sep 2002	0	158	27.44	3.64	$574
Aug 2002	0	209	25.96	3.16	$661
Jul 2002	0	180	24.58	3.06	$551
Jun 2002	0	196	23.73	3.34	$654
May 2002	165	198	24.66	3.58	$4,779
Apr 2002	0	189	23.65	3.51	$664
Mar 2002	0	214	22.00	3.10	$664
Feb 2002	0	184	18.22	2.38	$437
Jan 2002	183	256	17.17	2.38	$3,750
Dec 2001	0	208	16.93	2.36	$492
Nov 2001	0	215	18.07	2.41	$517
Oct 2001	0	236	19.78	2.53	$597
Sep 2001	0	242	24.26	2.25	$545
Aug 2001	172	279	24.87	3.05	$5,129
Jul 2001	0	249	23.93	3.20	$796
Jun 2001	0	268	24.56	3.82	$1,025
May 2001	182	318	25.52	4.31	$6,014
Apr 2001	0	241	24.68	5.34	$1,286
Mar 2001	0	251	24.54	5.38	$1,349
Feb 2001	0	226	27.75	5.77	$1,303
Jan 2001	0	166	27.47	8.40	$1,394
Dec 2000	0	138	26.88	9.12	$1,259
Nov 2000	0	137	32.21	5.66	$775
Oct 2000	180	209	31.23	5.15	$6,697
Sep 2000	0	188	31.87	5.19	$975
Aug 2000	0	138	29.64	4.54	$627
Jul 2000	0	178	28.53	4.09	$728
Jun 2000	180	150	29.30	4.40	$5,934
May 2000	0	197	27.26	3.68	$725
Apr 2000	0	198	24.51	3.12	$617
Mar 2000	0	180	28.42	2.86	$515
Feb 2000	182	340	27.62	2.73	$5,954
Jan 2000	0	162	25.27	2.48	$402
Dec 1999	0	180	24.28	2.42	$436
Nov 1999	0	221	23.19	2.43	$538
Oct 1999	0	221	20.98	2.80	$620
Sep 1999	184	218	21.75	2.62	$4,573
Aug 1999	0	229	19.26	2.88	$659
Jul 1999	0	222	17.89	2.37	$527
Jun 1999	0	259	15.94	2.36	$612
May 1999	0	277	15.79	2.32	$643
Apr 1999	0	272	15.10	2.21	$601
Mar 1999	0	212	12.47	1.84	$390
Feb 1999	177	142	9.98	1.82	$2,025
Jan 1999	0	218	10.38	1.90	$414
Dec 1998	0	231	9.20	1.77	$410
Nov 1998	0	154	10.89	2.19	$337
Oct 1998	0	288	12.42	1.97	$567
Sep 1998	179	279	12.59	2.08	$2,835
Aug 1998	0	482	11.30	1.91	$919
Jul 1998	0	278	11.74	2.24	$622
Jun 1998	0	508	11.24	2.24	$1,137
May 1998	0	502	12.62	2.21	$1,108
Apr 1998	174	506	13.04	2.51	$3,537
Mar 1998	0	288	12.80	2.31	$665
Feb 1998	0	406	13.95	2.30	$933
Jan 1998	0	291	14.70	2.15	$627
Dec 1997	0	482	16.32	2.41	$1,162
Nov 1997	169	484	18.19	3.09	$4,569
Oct 1997	0	502	19.25	3.15	$1,581
Sep 1997	0	295	17.74	2.95	$872
Aug 1997	0	305	17.86	2.55	$779
Jul 1997	0	287	17.58	2.25	$645
Jun 1997	179	283	17.24	2.26	$3,725
May 1997	0	280	18.97	2.31	$646
Apr 1997	178	253	17.88	2.08	$3,710
Mar 1997	0	297	18.95	1.94	$576
Feb 1997	0	282	20.49	2.21	$622
Jan 1997	0	307	23.48	3.54	$1,087
Dec 1996	177	313	23.32	—	$4,128
Nov 1996	0	318	21.97	—	$0
Oct 1996	0	305	23.31	—	$0
Sep 1996	0	262	22.22	—	$0
Aug 1996	0	250	20.26	—	$0
Jul 1996	178	290	19.55	—	$3,480
Jun 1996	0	288	18.73	—	$0
May 1996	0	321	19.43	—	$0
Apr 1996	181	302	21.51	—	$3,893
Mar 1996	0	291	19.38	—	$0
Feb 1996	0	293	16.98	—	$0
Jan 1996	0	304	17.07	—	$0
Dec 1995	182	302	17.19	—	$3,129
Nov 1995	0	342	16.00	—	$0
Oct 1995	498	646	15.43	—	$7,684
Sep 1995	0	350	16.18	—	$0
Aug 1995	0	278	15.92	—	$0
Jul 1995	178	387	15.24	—	$2,713
Jun 1995	0	386	16.41	—	$0
May 1995	183	396	17.56	—	$3,213
Apr 1995	0	371	17.73	—	$0
Mar 1995	190	401	16.44	—	$3,124
Feb 1995	92	370	16.58	—	$1,525
Jan 1995	93	392	15.92	—	$1,481
Dec 1994	91	402	15.03	—	$1,368
Nov 1994	0	321	15.90	—	$0
Oct 1994	90	346	15.58	—	$1,402
Sep 1994	91	387	15.29	—	$1,391
Aug 1994	0	411	16.13	—	$0
Jul 1994	182	424	17.56	—	$3,196
Jun 1994	0	427	17.09	—	$0
May 1994	91	406	15.88	—	$1,445
Apr 1994	91	433	14.14	—	$1,287
Mar 1994	91	439	12.46	—	$1,134
Feb 1994	91	385	12.50	—	$1,138
Jan 1994	0	307	12.66	—	$0
Dec 1993	89	356	12.33	—	$1,097
Nov 1993	91	321	14.49	—	$1,319
Oct 1993	91	416	15.85	—	$1,442
Sep 1993	92	425	15.03	—	$1,383
Aug 1993	91	454	15.66	—	$1,425
Jul 1993	91	455	15.46	—	$1,407
Jun 1993	90	481	16.79	—	$1,511
May 1993	90	476	17.68	—	$1,591
Apr 1993	90	370	18.05	—	$1,625
Mar 1993	92	449	18.14	—	$1,669
Feb 1993	91	407	17.90	—	$1,629
Jan 1993	92	402	16.93	—	$1,558

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.

Nov 2023 — as filed, then multipliedworked

Oil                   55 bbl  × $ 77.89 =     $4,284
Casinghead gas         0 Mcf  × $  2.81 =         $0

────────────────────────────────────────────────────
Month total                                   $4,284

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/12144 is the state's own key, not one this site invented.