H & J SEC. 127-B

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the G-M-K, SOUTH (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 61931District 8AField 33477500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$87.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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 10 leases and 84 wells, and the rule below applies to all of them.

Discovered
1963-07-06
as the register files it
Field class
Oil
the register's own label
Between wells
800 ft
minimum
From a lease line
467 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 UNIT

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA13none

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.

StreamBasisVolumeValue
OilDisposition2,060,416 bbl$84,985,241
Casinghead gasProduction1,036,667 Mcf$2,854,017
Total$87,839,258

331,498 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 (19)

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 32.7621, -102.4616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.76251, -102.46146 · centre of the wells drawn, derived

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
36.8%
7 of 19 wells
With a plug date
0.0%
0 of 19 wells
Median depth
5,550 ft
18 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
736.8%
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.
1263.2%

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

Total depth in feet, 18 of 19 wells. Median 5,550 ft, with the middle half between 5,550 and 5,588 ft; the shallowest is 5,515 ft and the deepest 5,755 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 18 of 19 wells, Feb 1980 – Jan 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1980 – Jan 2025
18 of 19 wells; 1 filed none

19 wells

42-1653144313
42-16531502155,550 ftJan 2025Yes
42-16531428125,550 ftJan 2024Yes
42-16531362105,525 ftApr 2023Yes
42-16531361115,515 ftApr 2022Yes
42-16531511145,550 ftJan 2022Yes
42-1653123265,550 ftJul 2020Yes
42-1653070015,600 ftDec 2019
42-16532235195,590 ftMar 2018
42-16531747165,570 ftApr 2005Yes
42-1653069925,580 ftMar 1991
42-1653136395,518 ftNov 1988
42-1653124285,550 ftDec 1985
42-1653124375,550 ftNov 1985
42-1653120645,600 ftOct 1985
42-16532998235,755 ftAug 1985
42-16532236185,575 ftNov 1984
42-16532512205,600 ftOct 1984
42-16531748175,550 ftFeb 1980

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 (401)

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

401 months

May 20261,2250106.413.05$130,352
Apr 20261,193098.932.87$118,023
Mar 20261,313089.753.15$117,842
Feb 2026976063.503.75$61,976
Jan 20261,148059.138.00$67,881
Dec 20251,292056.664.41$73,205
Nov 20251,360058.593.93$79,682
Oct 20251,306059.383.30$77,550
Sep 20251,178062.743.08$73,908
Aug 20251,208063.933.01$77,227
Jul 20251,698066.743.32$113,325
Jun 20251,727066.483.13$114,811
May 20252,035060.553.23$123,219
Apr 20252,205062.363.54$137,504
Mar 20251,834067.704.27$124,162
Feb 20251,448070.884.34$102,634
Jan 20251,671074.324.28$124,189
Dec 20241,651068.993.12$113,902
Nov 20241,619069.052.20$111,792
Oct 20241,398071.372.28$99,775
Sep 20241,500069.612.36$104,415
Aug 20241,073075.632.06$81,151
Jul 20241,719079.932.15$137,400
Jun 20241,378078.082.63$107,594
May 20241,657078.812.20$130,588
Apr 20242,095084.451.66$176,923
Mar 20242,279080.301.55$183,004
Feb 20242,356076.091.78$179,268
Jan 20241,996073.023.30$145,748
Dec 20231,277071.262.61$90,999
Nov 20232,342077.892.81$182,418
Oct 20232,435085.443.09$208,046
Sep 20232,472089.042.74$220,107
Aug 20232,391080.522.67$192,523
Jul 20232,357074.852.64$176,421
Jun 20231,155068.962.26$79,649
May 20232,572070.622.23$181,635
Apr 20232,025078.122.24$158,193
Mar 20232,255072.852.39$164,277
Feb 20232,116075.112.47$158,933
Jan 20232,766076.533.39$211,682
Dec 20222,242076.415.73$171,311
Nov 20222,770085.005.65$235,450
Oct 20223,505087.185.86$305,566
Sep 20222,900084.888.16$246,152
Aug 20222,686094.529.13$253,881
Jul 20223,0010101.587.54$304,842
Jun 20222,8420115.097.98$327,086
May 20222,5330109.378.43$277,034
Apr 20223,1190104.226.84$325,062
Mar 20222,5320108.885.08$275,684
Feb 20222,140091.054.86$194,847
Jan 20222,642081.844.54$216,221
Dec 20212,903071.323.90$207,042
Nov 20212,946077.435.24$228,109
Oct 20213,073079.795.71$245,195
Sep 20213,192069.865.35$222,993
Aug 20213,460066.024.22$228,429
Jul 20213,376070.783.98$238,953
Jun 20212,965069.493.38$206,038
May 20213,428063.483.02$217,609
Apr 20213,372060.362.76$203,534
Mar 20213,100061.302.72$190,030
Feb 20211,291057.805.55$74,620
Jan 2021316050.412.81$15,930
Dec 20208,504044.642.68$379,619
Nov 20203,483038.772.71$135,036
Oct 20203,186036.972.48$117,786
Sep 20203,495037.091.99$129,630
Aug 20203,475039.982.39$138,931
Jul 20203,568038.371.83$136,904
Jun 20202,898034.901.69$101,140
May 20202,978016.921.81$50,388
Apr 20203,085014.751.80$45,504
Mar 20202,982030.341.86$90,474
Feb 20202,552049.881.98$127,294
Jan 20202,697057.252.09$154,403
Dec 20192,855059.012.30$168,474
Nov 20192,942055.302.75$162,693
Oct 20192,132053.472.42$113,998
Sep 20192,859055.052.66$157,388
Aug 20193,354053.112.30$178,131
Jul 20193,619056.272.46$203,641
Jun 20193,106052.782.49$163,935
May 20194,010058.482.74$234,505
Apr 20193,412062.632.75$213,694
Mar 20193,754056.803.06$213,227
Feb 20193,337050.852.79$169,686
Jan 20193,656046.033.23$168,286
Dec 20183,528046.594.19$164,370
Nov 20183,262052.934.24$172,658
Oct 20183,192061.443.40$196,116
Sep 20183,072059.543.11$182,907
Aug 20182,616059.403.07$155,390
Jul 20182,819065.142.93$183,630
Jun 20182,776060.183.08$167,060
May 20182,906065.382.90$189,994
Apr 20182,908063.842.90$185,647
Mar 20183,198061.222.79$195,782
Feb 20183,065061.782.77$189,356
Jan 20182,894062.874.01$181,946
Dec 20173,189057.272.92$182,634
Nov 20172,763055.423.12$153,125
Oct 20172,695049.292.98$132,837
Sep 20172,849047.523.09$135,384
Aug 20172,910045.373.00$132,027
Jul 20172,806043.873.09$123,099
Jun 20172,026042.493.09$86,085
May 20173,1501,93745.373.26$149,237
Apr 20173,2451,90447.933.21$161,648
Mar 20173,3031,94746.772.98$160,291
Feb 20172,7041,62550.452.95$141,215
Jan 20173,0412,13749.413.42$157,562
Dec 20162,0851,46548.763.72$107,119
Nov 20162,00792842.492.64$87,731
Oct 20162,1021,08746.193.09$100,450
Sep 20161,58859941.553.10$67,839
Aug 20163,1931,40941.442.92$136,438
Jul 20162,9741,48641.622.92$128,123
Jun 20163,0021,53645.352.69$140,266
May 20163,1041,53842.521.99$135,044
Apr 20163,2471,42736.561.99$121,552
Mar 20163,1231,54633.011.79$105,864
Feb 20162,5401,37826.472.06$70,077
Jan 20163,2231,52027.352.36$91,743
Dec 20153,0271,48232.362.00$100,920
Nov 20152,7281,50238.792.17$109,074
Oct 20152,3381,62343.552.43$105,758
Sep 20152,0991,82342.992.76$95,265
Aug 20152,4071,92640.162.87$102,198
Jul 20152,6681,71848.152.95$133,524
Jun 20152,7961,85556.152.88$162,343
May 20152,8571,77855.212.96$162,990
Apr 20152,9131,97749.822.71$150,477
Mar 20153,3451,86342.892.93$148,934
Feb 20152,7151,60644.662.98$126,032
Jan 20152,5661,52443.433.10$116,167
Dec 20143,1991,88054.693.59$181,705
Nov 20142,9941,51970.464.25$217,416
Oct 20142,7341,57278.303.90$220,205
Sep 20142,9181,60886.164.05$257,920
Aug 20143,0001,60989.394.04$274,663
Jul 20143,0641,77896.564.18$303,291
Jun 20142,7101,52198.164.74$273,218
May 20143,3001,44994.734.73$319,458
Apr 20142,8731,14895.944.81$281,156
Mar 20143,7011,47095.895.06$362,322
Feb 20143,3901,23897.406.19$337,852
Jan 20143,4301,21490.404.86$315,973
Dec 20132,9611,22291.824.35$277,200
Nov 20133,0631,36888.853.74$277,262
Oct 20133,0321,58897.423.78$301,379
Sep 20132,9361,663104.113.72$311,850
Aug 20133,0921,446104.253.52$327,435
Jul 20133,7741,769102.523.72$393,487
Jun 20133,7631,73494.403.93$362,048
May 20133,4361,53694.834.15$332,209
Apr 20133,3171,27593.964.28$317,126
Mar 20133,2451,26193.623.91$308,731
Feb 20132,78496191.233.42$257,271
Jan 20133,3001,07391.603.42$305,950
Dec 20124,5341,53086.773.42$398,648
Nov 20124,2151,57086.953.62$372,185
Oct 20123,3231,33589.383.40$301,548
Sep 20124,2221,49194.672.92$404,048
Aug 20124,3731,83292.662.91$410,530
Jul 20124,1691,83885.133.02$360,459
Jun 20123,0091,31979.822.52$243,501
May 20124,0951,42891.612.49$378,696
Apr 20124,3921,222101.652.00$448,887
Mar 20123,689914105.052.22$389,560
Feb 20123,7881,158101.102.57$385,943
Jan 20123,7631,69998.092.73$373,758
Dec 20113,9781,76696.873.24$391,070
Nov 20113,2081,77295.723.31$312,937
Oct 20113,9952,11484.983.65$347,208
Sep 20113,9102,16183.623.99$335,568
Aug 20114,7702,85683.404.15$409,668
Jul 20113,1092,65994.144.52$304,693
Jun 20113,1912,65992.904.64$308,781
May 20113,0971,00398.134.40$308,327
Apr 20113,7201,519105.964.33$400,753
Mar 20114,89876896.364.06$475,087
Feb 20112,78575285.644.18$241,651
Jan 20114,07376286.504.59$355,811
Dec 20103,55654885.734.35$307,238
Nov 20103,83165180.843.80$312,169
Oct 20103,30687478.103.51$261,265
Sep 20103,99386672.633.98$293,458
Aug 20104,47488273.684.42$333,542
Jul 20101,43959772.554.74$107,227
Jun 20101,85356670.364.91$133,156
May 20103,71880971.124.24$267,850
Apr 20104,4631,04381.694.12$368,882
Mar 20104,4501,00578.394.39$353,246
Feb 20104,1491,49173.585.44$313,398
Jan 20101,66849274.365.96$126,967
Dec 20094,3705,01271.445.48$339,677
Nov 20094,1741,01674.593.75$315,150
Oct 20093,85895772.544.11$283,793
Sep 20093,5211,02765.543.06$233,914
Aug 20093,1761,25367.423.22$218,159
Jul 20093,4611,47261.133.46$216,671
Jun 20093,4891,59266.163.90$237,033
May 20091,01235754.743.93$56,798
Apr 200930046.773.59$1,403
Mar 20093,215042.144.06$135,480
Feb 20093,795032.814.63$124,514
Jan 20094,436035.865.37$159,075
Dec 20084,423037.105.98$164,093
Nov 20084,168055.496.86$231,282
Oct 20084,732075.246.92$356,036
Sep 20084,444119101.767.88$453,159
Aug 20084,2141,309114.228.48$492,427
Jul 20084,8001,264131.0811.39$643,580
Jun 20085,0911,310131.3313.03$685,674
May 20085,1811,427123.1711.57$654,660
Apr 20084,7811,056110.3110.45$538,432
Mar 20084,3081,119101.909.66$449,799
Feb 20084,31390092.538.77$406,975
Jan 20085,5091,35890.388.21$509,047
Dec 20076,2241,18488.337.30$558,411
Nov 20075,13893391.677.29$477,804
Oct 20074,6951,13982.856.92$396,865
Sep 20075,0681,59075.846.24$394,285
Aug 20075,0521,14369.066.39$356,193
Jul 20075,8401,29070.906.39$422,296
Jun 20074,8931,07662.007.55$311,488
May 20075,8101,23858.747.85$350,993
Apr 20075,7471,30259.617.81$352,741
Mar 20076,1211,31856.927.30$358,031
Feb 20075,2441,08455.108.22$297,851
Jan 20076,0291,16850.306.73$311,116
Dec 20065,9071,30956.656.92$343,688
Nov 20065,7141,33454.207.62$319,861
Oct 20066,2301,47354.906.01$350,885
Sep 20065,4851,36360.085.04$336,405
Aug 20065,9921,47568.717.34$422,537
Jul 20066,1941,55869.376.34$439,560
Jun 20065,9851,49966.286.38$406,255
May 20065,9791,50266.016.42$404,324
Apr 20066,4521,71564.397.36$428,068
Mar 20066,3661,57256.707.08$372,087
Feb 20065,9651,29457.597.75$353,554
Jan 20066,3741,54360.598.93$399,985
Dec 20056,0941,37454.9413.42$353,237
Nov 20056,5201,56054.6910.59$373,097
Oct 20056,5831,52858.3413.80$405,132
Sep 20056,2431,68761.4512.08$404,010
Aug 20056,6701,84261.519.80$428,317
Jul 20056,7531,79955.697.84$390,185
Jun 20056,2401,65952.337.38$338,784
May 20056,5881,76745.226.65$309,662
Apr 20056,6561,76949.207.36$340,496
Mar 20056,7553,46050.377.15$365,005
Feb 20056,2751,52445.226.31$293,375
Jan 20057,0741,84643.166.32$316,985
Dec 20047,2111,83739.866.75$299,832
Nov 20046,8001,81545.286.33$319,394
Oct 20047,3691,98949.706.52$379,198
Sep 20046,9962,03343.245.28$313,249
Aug 20047,0892,09042.375.55$311,962
Jul 20047,1072,03738.286.08$284,449
Jun 20045,9701,89636.106.43$227,714
May 20045,9891,93637.486.49$237,041
Apr 20046,2931,99034.475.86$228,578
Mar 20045,5222,33234.365.53$202,632
Feb 20044,17798532.455.51$140,971
Jan 20046,1361,74632.036.30$207,535
Dec 20036,0288,10130.266.30$233,457
Nov 20035,50234,54628.804.60$317,202
Oct 20035,7721,94528.174.76$171,855
Sep 20035,6302,05026.314.75$157,861
Aug 20036,0882,21629.765.13$192,546
Jul 20036,1992,20829.415.17$193,730
Jun 20036,0282,24528.565.98$185,591
May 20036,2592,17926.595.97$179,441
Apr 20036,1812,00526.675.41$175,689
Mar 20036,6542,12131.146.10$220,135
Feb 20036,1122,03433.487.93$220,751
Jan 20036,7432,06630.315.58$215,913
Dec 20026,6751,82926.914.85$188,502
Nov 20026,5361,88424.664.14$168,972
Oct 20027,1012,10526.464.23$196,795
Sep 20026,5081,98227.443.64$185,784
Aug 20026,4041,96725.963.16$172,472
Jul 20026,7612,16624.583.06$172,817
Jun 20026,6372,55223.733.34$166,015
May 20026,5972,08624.663.58$170,158
Apr 20025,4941,76423.653.51$136,129
Mar 20026,5372,07522.003.10$150,252
Feb 20026,1602,10018.222.38$117,224
Jan 20027,5292,12217.172.38$134,314
Dec 20017,3371,99016.932.36$128,921
Nov 20017,1851,94418.072.41$134,509
Oct 20017,6521,65519.782.53$155,542
Sep 20017,2251,88524.262.25$179,522
Aug 20017,5662,12024.873.05$194,639
Jul 20015,9742,36523.933.20$150,519
Jun 20019,2081,75324.563.82$232,852
May 20017,48414,03225.524.31$251,432
Apr 20014,6477,12224.685.34$152,686
Mar 20017,159024.545.38$175,682
Feb 20017,2197,98527.755.77$246,377
Jan 20017,5918,69227.478.40$281,527
Dec 20007,3819,10826.889.12$281,489
Nov 20007,41110,44832.215.66$297,823
Oct 20007,15510,30831.235.15$276,490
Sep 20007,2719,02631.875.19$278,540
Aug 20008,2598,90029.644.54$285,209
Jul 20006,9488,38628.534.09$232,523
Jun 20006,43614,26629.304.40$251,306
May 20006,5765,96227.263.68$201,200
Apr 20006,5708,04124.513.12$186,086
Mar 20007,5248,92228.422.86$239,347
Feb 20007,7365,15327.622.73$227,718
Jan 20007,7974,27825.272.48$207,642
Dec 19998,1484,72824.282.42$209,293
Nov 19998,3675,31323.192.43$206,963
Oct 19998,4614,12620.982.80$189,080
Sep 19998,3104,66721.752.62$192,965
Aug 19998,6434,32519.262.88$178,901
Jul 19998,5194,15817.892.37$162,269
Jun 19997,9034,90615.942.36$137,562
May 19998,2646,48315.792.32$145,536
Apr 19998,1444,74815.102.21$133,458
Mar 19998,5135,17112.471.84$115,663
Feb 19997,7105,0389.981.82$86,104
Jan 19997,8328,72910.381.90$97,881
Dec 19988,35112,0729.201.77$98,237
Nov 19988,6698,84910.892.19$113,747
Oct 19988,2458,46512.421.97$119,072
Sep 19987,5967,14812.592.08$110,520
Aug 19987,5597,70211.301.91$100,107
Jul 19987,9038,33011.742.24$111,418
Jun 19987,2628,20711.242.24$99,986
May 19988,2258,57412.622.21$122,717
Apr 19987,6317,30213.042.51$117,802
Mar 19987,7275,94612.802.31$112,638
Feb 19986,9344,96013.952.30$108,133
Jan 19987,2247,05914.702.15$121,403
Dec 19977,6296,85616.322.41$141,036
Nov 19977,3054,95418.193.09$148,177
Oct 19977,7416,20419.253.15$168,556
Sep 19977,0326,28017.742.95$143,304
Aug 19977,5976,55517.862.55$152,429
Jul 19978,4086,42017.582.25$162,238
Jun 19977,9555,09217.242.26$148,638
May 19978,9417,02118.972.31$185,819
Apr 19978,6715,50317.882.08$166,499
Mar 19979,0615,58018.951.94$182,526
Feb 19978,4987,39920.492.21$190,445
Jan 19979,3719,46023.483.54$253,517
Dec 19969,3608,93323.32$218,275
Nov 19968,4377,06621.97$185,361
Oct 19969,1305,95023.31$212,820
Sep 19969,3154,96522.22$206,979
Aug 19968,4845,32120.26$171,886
Jul 19968,4236,18319.55$164,670
Jun 19968,1505,61018.73$152,650
May 19968,1034,06419.43$157,441
Apr 19967,5045,21921.51$161,411
Mar 19968,4977,28719.38$164,672
Feb 19969,5619,66916.98$162,346
Jan 199610,1035,14317.07$172,458
Dec 19959,6566,58317.19$165,987
Nov 19959,3137,10916.00$149,008
Oct 19959,5848,05815.43$147,881
Sep 19959,4948,99016.18$153,613
Aug 199510,27413,40215.92$163,562
Jul 199510,53223,93515.24$160,508
Jun 19959,45917,92616.41$155,222
May 19959,86427,02317.56$173,212
Apr 19958,6314,64517.73$153,028
Mar 199510,4504,02016.44$171,798
Feb 19959,8023,80916.58$162,517
Jan 199510,9574,22415.92$174,435
Dec 199410,2544,66915.03$154,118
Nov 199410,5424,97415.90$167,618
Oct 199410,8955,62215.58$169,744
Sep 19949,8665,84015.29$150,851
Aug 199410,7763,32616.13$173,817
Jul 199410,0195,47017.56$175,934
Jun 199410,1285,93417.09$173,088
May 199410,5186,42015.88$167,026
Apr 19949,4336,03414.14$133,383
Mar 199410,4767,22612.46$130,531
Feb 199410,063112.50$125,788
Jan 199411,4838,01612.66$145,375
Dec 199311,4344,64612.33$140,981
Nov 199310,7595,80114.49$155,898
Oct 199311,8153,99415.85$187,268
Sep 199312,2713,72115.03$184,433
Aug 199312,3576,45415.66$193,511
Jul 199312,7414,53815.46$196,976
Jun 199311,4214,69116.79$191,759
May 199311,8436,97417.68$209,384
Apr 199311,4794,64018.05$207,196
Mar 199312,4575,00018.14$225,970
Feb 199311,3817,21917.90$203,720
Jan 199314,2525,15416.93$241,286

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
Oil                1,225 bbl  × $106.41 =   $130,352
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $130,352

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. 8A/O/61931 is the state's own key, not one this site invented.