TIPPETT

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

Operated by MCCLURE OIL COMPANY, INC. (P-5 540703) in the SPRABERRY (TREND AREA CL. FK.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7264District 7CField 85279400OilCasinghead gasSave Export

Value, all time

$2.2 M

Jan 1993 – Mar 2023

Value, last 12 filed months

at the published price for each month

Months reported

363

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA CL. FK.) 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 161 leases and 210 wells, and the rule below applies to all of them.

Discovered

1955-05-11

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: “SEE DIST. 8 FOR MORE INFORMATION”

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	42,189 bbl	$1,593,651
Casinghead gas	Production	190,145 Mcf	$636,970
Total			$2,230,621

56,417 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 31.5739, -101.8797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57395, -101.87973 · 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

8,225 ft

1 wells filed one

Completion to plug

40.9 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 8,225 ft.

Completions filed

Jul 1977

1 of 1 wells

Plug dates filed

Jun 2018

1 of 1 wells

Last completion to plug: a median of 40.9 years across the 1 well that filed both dates, with the middle half between 40.9 years and 40.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46104179	1	8,225 ft	Jul 1977	Jun 2018	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 (363)

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

363 months


Mar 2023	0	0	72.85	2.39	$0
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
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	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	172	0	101.10	2.57	$17,389
Jan 2012	0	669	98.09	2.73	$1,829
Dec 2011	0	553	96.87	3.24	$1,792
Nov 2011	167	831	95.72	3.31	$18,737
Oct 2011	0	824	84.98	3.65	$3,006
Sep 2011	165	889	83.62	3.99	$17,341
Aug 2011	0	924	83.40	4.15	$3,834
Jul 2011	168	962	94.14	4.52	$20,161
Jun 2011	0	978	92.90	4.64	$4,538
May 2011	0	974	98.13	4.40	$4,290
Apr 2011	0	923	105.96	4.33	$4,000
Mar 2011	171	954	96.36	4.06	$20,348
Feb 2011	0	771	85.64	4.18	$3,223
Jan 2011	342	866	86.50	4.59	$33,557
Dec 2010	0	885	85.73	4.35	$3,848
Nov 2010	0	708	80.84	3.80	$2,687
Oct 2010	166	758	78.10	3.51	$15,624
Sep 2010	167	796	72.63	3.98	$15,297
Aug 2010	166	872	73.68	4.42	$16,085
Jul 2010	170	878	72.55	4.74	$16,492
Jun 2010	0	780	70.36	4.91	$3,830
May 2010	166	455	71.12	4.24	$13,733
Apr 2010	169	599	81.69	4.12	$16,275
Mar 2010	172	859	78.39	4.39	$17,253
Feb 2010	346	734	73.58	5.44	$29,453
Jan 2010	0	807	74.36	5.96	$4,813
Dec 2009	169	775	71.44	5.48	$16,323
Nov 2009	333	798	74.59	3.75	$27,832
Oct 2009	0	794	72.54	4.11	$3,264
Sep 2009	168	801	65.54	3.06	$13,466
Aug 2009	169	821	67.42	3.22	$14,036
Jul 2009	169	902	61.13	3.46	$13,456
Jun 2009	167	808	66.16	3.90	$14,196
May 2009	170	828	54.74	3.93	$12,556
Apr 2009	0	762	46.77	3.59	$2,734
Mar 2009	169	761	42.14	4.06	$10,211
Feb 2009	173	743	32.81	4.63	$9,118
Jan 2009	0	607	35.86	5.37	$3,260
Dec 2008	172	607	37.10	5.98	$10,009
Nov 2008	0	507	55.49	6.86	$3,478
Oct 2008	173	683	75.24	6.92	$17,744
Sep 2008	173	494	101.76	7.88	$21,496
Aug 2008	0	574	114.22	8.48	$4,869
Jul 2008	353	891	131.08	11.39	$56,419
Jun 2008	0	875	131.33	13.03	$11,404
May 2008	175	872	123.17	11.57	$31,648
Apr 2008	343	818	110.31	10.45	$46,388
Mar 2008	182	794	101.90	9.66	$26,219
Feb 2008	0	725	92.53	8.77	$6,359
Jan 2008	360	726	90.38	8.21	$38,494
Dec 2007	178	737	88.33	7.30	$21,104
Nov 2007	182	722	91.67	7.29	$21,949
Oct 2007	182	755	82.85	6.92	$20,305
Sep 2007	166	741	75.84	6.24	$17,216
Aug 2007	179	761	69.06	6.39	$17,223
Jul 2007	177	758	70.90	6.39	$17,391
Jun 2007	172	715	62.00	7.55	$16,061
May 2007	175	725	58.74	7.85	$15,968
Apr 2007	344	677	59.61	7.81	$25,790
Mar 2007	180	673	56.92	7.30	$15,160
Feb 2007	181	563	55.10	8.22	$14,599
Jan 2007	184	574	50.30	6.73	$13,116
Dec 2006	178	565	56.65	6.92	$13,993
Nov 2006	351	539	54.20	7.62	$23,130
Oct 2006	178	600	54.90	6.01	$13,380
Sep 2006	171	577	60.08	5.04	$13,180
Aug 2006	346	611	68.71	7.34	$28,258
Jul 2006	167	618	69.37	6.34	$15,505
Jun 2006	179	589	66.28	6.38	$15,624
May 2006	354	583	66.01	6.42	$27,113
Apr 2006	177	562	64.39	7.36	$15,534
Mar 2006	177	549	56.70	7.08	$13,924
Feb 2006	352	477	57.59	7.75	$23,969
Jan 2006	183	500	60.59	8.93	$15,555
Dec 2005	178	433	54.94	13.42	$15,588
Nov 2005	174	485	54.69	10.59	$14,651
Oct 2005	177	503	58.34	13.80	$17,265
Sep 2005	176	493	61.45	12.08	$16,770
Aug 2005	173	350	61.51	9.80	$14,070
Jul 2005	175	503	55.69	7.84	$13,691
Jun 2005	174	464	52.33	7.38	$12,530
May 2005	179	381	45.22	6.65	$10,628
Apr 2005	0	445	49.20	7.36	$3,275
Mar 2005	355	514	50.37	7.15	$21,559
Feb 2005	0	474	45.22	6.31	$2,992
Jan 2005	179	511	43.16	6.32	$10,956
Dec 2004	169	422	39.86	6.75	$9,585
Nov 2004	358	534	45.28	6.33	$19,591
Oct 2004	180	595	49.70	6.52	$12,822
Sep 2004	180	477	43.24	5.28	$10,304
Aug 2004	358	508	42.37	5.55	$17,988
Jul 2004	0	392	38.28	6.08	$2,385
Jun 2004	171	397	36.10	6.43	$8,727
May 2004	353	638	37.48	6.49	$17,374
Apr 2004	175	623	34.47	5.86	$9,682
Mar 2004	180	404	34.36	5.53	$8,419
Feb 2004	167	551	32.45	5.51	$8,455
Jan 2004	355	609	32.03	6.30	$15,207
Dec 2003	178	609	30.26	6.30	$9,224
Nov 2003	345	632	28.80	4.60	$12,840
Oct 2003	357	684	28.17	4.76	$13,312
Sep 2003	1	685	26.31	4.75	$3,280
Aug 2003	178	716	29.76	5.13	$8,970
Jul 2003	357	697	29.41	5.17	$14,103
Jun 2003	171	725	28.56	5.98	$9,221
May 2003	171	713	26.59	5.97	$8,805
Apr 2003	188	718	26.67	5.41	$8,896
Mar 2003	180	728	31.14	6.10	$10,043
Feb 2003	177	677	33.48	7.93	$11,292
Jan 2003	0	377	30.31	5.58	$2,104
Dec 2002	356	560	26.91	4.85	$12,298
Nov 2002	180	834	24.66	4.14	$7,889
Oct 2002	179	896	26.46	4.23	$8,526
Sep 2002	177	903	27.44	3.64	$8,139
Aug 2002	351	944	25.96	3.16	$12,099
Jul 2002	356	957	24.58	3.06	$11,681
Jun 2002	177	1,020	23.73	3.34	$7,605
May 2002	175	1,063	24.66	3.58	$8,125
Apr 2002	361	1,010	23.65	3.51	$12,085
Mar 2002	348	1,018	22.00	3.10	$10,815
Feb 2002	172	925	18.22	2.38	$5,331
Jan 2002	341	1,012	17.17	2.38	$8,259
Dec 2001	351	940	16.93	2.36	$8,165
Nov 2001	180	866	18.07	2.41	$5,336
Oct 2001	174	742	19.78	2.53	$5,318
Sep 2001	173	698	24.26	2.25	$5,768
Aug 2001	170	932	24.87	3.05	$7,073
Jul 2001	342	960	23.93	3.20	$11,253
Jun 2001	169	765	24.56	3.82	$7,076
May 2001	175	886	25.52	4.31	$8,282
Apr 2001	348	933	24.68	5.34	$13,566
Mar 2001	353	933	24.54	5.38	$13,679
Feb 2001	178	828	27.75	5.77	$9,715
Jan 2001	181	868	27.47	8.40	$12,262
Dec 2000	354	820	26.88	9.12	$16,996
Nov 2000	0	772	32.21	5.66	$4,368
Oct 2000	352	822	31.23	5.15	$15,223
Sep 2000	177	893	31.87	5.19	$10,273
Aug 2000	354	914	29.64	4.54	$14,643
Jul 2000	163	666	28.53	4.09	$7,374
Jun 2000	177	962	29.30	4.40	$9,416
May 2000	348	981	27.26	3.68	$13,096
Apr 2000	178	962	24.51	3.12	$7,360
Mar 2000	358	963	28.42	2.86	$12,928
Feb 2000	174	710	27.62	2.73	$6,742
Jan 2000	348	1,017	25.27	2.48	$11,317
Dec 1999	174	898	24.28	2.42	$6,401
Nov 1999	359	846	23.19	2.43	$10,384
Oct 1999	176	734	20.98	2.80	$5,750
Sep 1999	0	521	21.75	2.62	$1,364
Aug 1999	0	382	19.26	2.88	$1,098
Jul 1999	177	430	17.89	2.37	$4,187
Jun 1999	0	337	15.94	2.36	$796
May 1999	169	457	15.79	2.32	$3,729
Apr 1999	178	638	15.10	2.21	$4,097
Mar 1999	0	238	12.47	1.84	$438
Feb 1999	178	655	9.98	1.82	$2,967
Jan 1999	185	845	10.38	1.90	$3,526
Dec 1998	182	893	9.20	1.77	$3,258
Nov 1998	178	899	10.89	2.19	$3,903
Oct 1998	176	852	12.42	1.97	$3,864
Sep 1998	0	930	12.59	2.08	$1,937
Aug 1998	359	945	11.30	1.91	$5,859
Jul 1998	0	1,009	11.74	2.24	$2,257
Jun 1998	360	993	11.24	2.24	$6,268
May 1998	166	865	12.62	2.21	$4,003
Apr 1998	0	369	13.04	2.51	$924
Mar 1998	189	1,004	12.80	2.31	$4,738
Feb 1998	183	911	13.95	2.30	$4,647
Jan 1998	369	1,002	14.70	2.15	$7,583
Dec 1997	183	965	16.32	2.41	$5,313
Nov 1997	0	497	18.19	3.09	$1,535
Oct 1997	389	959	19.25	3.15	$10,509
Sep 1997	187	983	17.74	2.95	$6,222
Aug 1997	180	1,079	17.86	2.55	$5,971
Jul 1997	182	1,086	17.58	2.25	$5,640
Jun 1997	195	979	17.24	2.26	$5,572
May 1997	190	1,028	18.97	2.31	$5,977
Apr 1997	186	845	17.88	2.08	$5,086
Mar 1997	194	635	18.95	1.94	$4,908
Feb 1997	169	975	20.49	2.21	$5,614
Jan 1997	0	1,016	23.48	3.54	$3,596
Dec 1996	396	1,016	23.32	—	$9,235
Nov 1996	0	1,036	21.97	—	$0
Oct 1996	191	1,086	23.31	—	$4,452
Sep 1996	198	1,068	22.22	—	$4,400
Aug 1996	196	1,141	20.26	—	$3,971
Jul 1996	188	933	19.55	—	$3,675
Jun 1996	180	1,063	18.73	—	$3,371
May 1996	180	1,138	19.43	—	$3,497
Apr 1996	180	782	21.51	—	$3,872
Mar 1996	182	1,081	19.38	—	$3,527
Feb 1996	182	814	16.98	—	$3,090
Jan 1996	185	976	17.07	—	$3,158
Dec 1995	0	1,080	17.19	—	$0
Nov 1995	369	1,069	16.00	—	$5,904
Oct 1995	0	1,359	15.43	—	$0
Sep 1995	184	1,172	16.18	—	$2,977
Aug 1995	181	933	15.92	—	$2,882
Jul 1995	0	1,182	15.24	—	$0
Jun 1995	340	1,283	16.41	—	$5,579
May 1995	185	1,302	17.56	—	$3,249
Apr 1995	185	1,116	17.73	—	$3,280
Mar 1995	0	1,326	16.44	—	$0
Feb 1995	186	1,088	16.58	—	$3,084
Jan 1995	182	467	15.92	—	$2,897
Dec 1994	0	917	15.03	—	$0
Nov 1994	184	1,195	15.90	—	$2,926
Oct 1994	179	1,071	15.58	—	$2,789
Sep 1994	185	1,235	15.29	—	$2,829
Aug 1994	364	1,364	16.13	—	$5,871
Jul 1994	184	1,423	17.56	—	$3,231
Jun 1994	179	1,300	17.09	—	$3,059
May 1994	183	1,336	15.88	—	$2,906
Apr 1994	356	1,353	14.14	—	$5,034
Mar 1994	141	1,009	12.46	—	$1,757
Feb 1994	292	1,241	12.50	—	$3,650
Jan 1994	297	1,323	12.66	—	$3,760
Dec 1993	170	1,274	12.33	—	$2,096
Nov 1993	158	1,259	14.49	—	$2,289
Oct 1993	156	1,091	15.85	—	$2,473
Sep 1993	362	1,155	15.03	—	$5,441
Aug 1993	0	1,353	15.66	—	$0
Jul 1993	167	1,493	15.46	—	$2,582
Jun 1993	322	1,479	16.79	—	$5,406
May 1993	0	1,505	17.68	—	$0
Apr 1993	339	1,250	18.05	—	$6,119
Mar 1993	164	1,489	18.14	—	$2,975
Feb 1993	306	1,325	17.90	—	$5,477
Jan 1993	341	1,466	16.93	—	$5,773

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 2012 — as filed, then multipliedworked

Oil                  172 bbl  × $101.10 =    $17,389
Casinghead gas         0 Mcf  × $  2.57 =         $0

────────────────────────────────────────────────────
Month total                                  $17,389

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/7264 is the state's own key, not one this site invented.