Oil and gas leases in District 02 — page 15

Railroad Commission district 02 covers 27 Texas counties and 20,785 leases with reported production. 6,000 of them are oil leases and 14,785 are gas leases. Between them they carry 32,222 wellbores. Reported volumes run from January 1993 to August 2026 and come to 2.2 billion barrels of oil and 11.1 billion Mcf of gas. 1,368 operators file returns here. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about District 02

How many oil and gas leases are in District 02?
District 02 has 20,785 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has District 02 produced?
Leases in District 02 have reported 2,213,361,937 barrels of oil (bbl) and 11,082,182,192 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026.
How many operators are active in District 02?
1,368 operators file production returns for leases in District 02.
How much are mineral rights in District 02 worth?
There is no single figure: what a mineral or royalty interest in District 02 is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 20,785 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Leases — page 15 of 104

  • RUHMANN UNIT A — gas, Burlington Resources O & G Co LP, Live Oak County, 1.5 million reported
  • BEGOT-EYHORN (SA) G6 — gas, Repsol Oil & Gas USA, LLC, Karnes County, 1.5 million reported
  • P. FRISBIE A-B SA 2 — gas, Devon Energy Production Co, L.P., De Witt County, 1.5 million reported
  • MAY B UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • BUEHRING UNIT — oil, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • BAYLOR UNIVERSITY 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 1.5 million reported
  • HERSCHEL FULBRIGHT 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 1.5 million reported
  • REGMUND GAS UNIT 1 — gas, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • ESCONDIDO CREEK-WESS 3 (SA) B8 — gas, Equinor Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • CHAPMAN-ROGERS UNIT — oil, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • HAWG HUNTER — oil, Eagle Ford Hunter Resources,Inc., Lavaca County, 1.5 million reported
  • DELEON WIATREK UNIT — oil, Eog Resources, Inc., Karnes County, 1.5 million reported
  • WILLEKE UNIT B — gas, Burlington Resources O & G Co LP, Karnes County, 1.5 million reported
  • FRANKE-JOHNSON UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • MCNEILL GAS UNIT — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 1.5 million reported
  • MURPHY-SINCLAIR UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • BOOTHE GAS UNIT — gas, Pioneer Natural Res. USA, Inc., De Witt County, 1.5 million reported
  • BAILEY-RETZLOFF UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • KRAUSE A — oil, Devon Energy Production Co, L.P., De Witt County, 1.5 million reported
  • SINOR RANCH 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 1.5 million reported
  • TIPTON — gas, Abraxas Petroleum Corporation, Goliad County, 1.5 million reported
  • GRAEF GAS UNIT 1 — gas, Equinor Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • MELCHER — gas, C & E Operating, Inc., Calhoun County, 1.5 million reported
  • RUHMANN UNIT A — gas, Burlington Resources O & G Co LP, Live Oak County, 1.5 million reported
  • GRAEF GAS UNIT 1 — gas, Equinor Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • DLUGOSCH GAS UNIT 1 — gas, Talisman Energy USA Inc., De Witt County, 1.5 million reported
  • SCHENDEL UNIT A 189 — gas, Burlington Resources O & G Co LP, Karnes County, 1.5 million reported
  • GASKIN — gas, Verdun Oil & Gas LLC, Live Oak County, 1.5 million reported
  • HEMBY UNIT 'A' — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • J. WALLIS UNIT A — gas, Burlington Resources O & G Co LP, De Witt County, 1.5 million reported
  • SLAUGHTER GAS UNIT 1 — gas, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • MARCIA-SHELLY (SA) UNIT 2 — gas, Baytex Energy USA, Inc., Lavaca County, 1.5 million reported
  • EILERS, W. A. — gas, Whiting Petroleum Corporation, Lavaca County, 1.5 million reported
  • HALEPESKA GAS UNIT 1 — gas, Talisman Energy USA Inc., De Witt County, 1.5 million reported
  • FORSHAGE-HOWELL UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • HANCOCK, JOHN W. SR. — gas, Dreyfus, Louis Natural Gas Corp, Lavaca County, 1.5 million reported
  • SIENKIEWICZ UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • LYNE, T. J. — gas, Arco Oil & Gas Co., Live Oak County, 1.5 million reported
  • BLACKJACK UNIT D — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • F. SOBOTIK GAS UNIT #1 — gas, Mobil Producing TX. & N.M. Inc., Lavaca County, 1.5 million reported
  • G KLEIN UNIT E — oil, Burlington Resources O & G Co LP, De Witt County, 1.5 million reported
  • LL A JANSKY A USW C — gas, Burlington Resources O & G Co LP, De Witt County, 1.5 million reported
  • CHEVELLE UNIT — oil, Magnolia Oil & Gas Operating LLC, Karnes County, 1.5 million reported
  • HARRIS — gas, Hurd Enterprises, Ltd., Live Oak County, 1.5 million reported
  • JAUER-PECK UNIT — oil, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • PETTUS HEIRS — gas, Abraxas Petroleum Corporation, Goliad County, 1.5 million reported
  • PLOMERO RANCH — gas, Burlington Resources O & G Co LP, Live Oak County, 1.5 million reported
  • ARNDT A — gas, Devon Energy Production Co, L.P., De Witt County, 1.5 million reported
  • YOUNG GAS UNIT 1 — gas, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • WOOD, CARRIE G. — gas, Charro Operating, L.L.C., Goliad County, 1.5 million reported
  • BUCKNER FOUNDATION — gas, Petrohawk Operating Company, Goliad County, 1.5 million reported
  • NELLER-RHODES TRUST (SA) — gas, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • KEYS UNIT — gas, Magnolia Oil & Gas Operating LLC, Karnes County, 1.5 million reported
  • GUEVARA B — gas, Devon Energy Production Co, L.P., De Witt County, 1.5 million reported
  • PATRICK HUGH BURNS — gas, Jamex, Inc., Live Oak County, 1.5 million reported
  • RIVER RANCH D — gas, Charro Operating, L.L.C., Goliad County, 1.5 million reported
  • KRANER UNIT B AC — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • FRANK MALEK 04 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 1.5 million reported
  • WESSENDORFF 5-WESSENDORFF 7 (SA) — gas, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • KOWALIK 228-1R AC — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • IBROM A-IBROM B SA 7 — gas, BPX Operating Company, De Witt County, 1.5 million reported
  • YOUNG GAS UNIT 1 — gas, Equinor Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • SAGER 01 — gas, Pioneer Natural Res. USA, Inc., De Witt County, 1.5 million reported
  • BRYSCH GAS UNIT 2 — gas, Sanchez-O'Brien Oil & Gas Corp., Live Oak County, 1.5 million reported
  • MEYER 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 1.5 million reported
  • GUY PHILLIP WRIGHT 01 — oil, Pioneer Natural Res. USA, Inc., Live Oak County, 1.5 million reported
  • OEHLKE A — gas, Devon Energy Production Co, L.P., De Witt County, 1.5 million reported
  • FINLEY UNIT — gas, Eog Resources, Inc., Karnes County, 1.5 million reported
  • F. MALEK UNIT D — gas, Burlington Resources O & G Co LP, Live Oak County, 1.5 million reported
  • NELSON, C.S. — gas, Samson Resources Company, Live Oak County, 1.5 million reported
  • MEDINA TRIAL UNIT — oil, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • GERLICH GAS UNIT — gas, Mobil Producing TX. & N.M. Inc., Lavaca County, 1.5 million reported
  • KENNEDY — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • BARBOZA UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • HARLAN METTING 01 — gas, Pioneer Natural Res. USA, Inc., De Witt County, 1.5 million reported
  • HINES — gas, Southern Resource Company, Live Oak County, 1.5 million reported
  • FRANKE UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • E&J YANTA - VAUGHN USW D — gas, Burlington Resources O & G Co LP, Karnes County, 1.5 million reported
  • WILLIAMS, MAUDE, ETAL -A- — gas, Hilcorp Energy Company, Refugio County, 1.5 million reported
  • MAY B UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • ALLEN, H. & R. — gas, PG&E Resources Company, Colorado County, 1.5 million reported
  • STATE TRACT 719-S — gas, PG&E Resources Offshore Company, Matgrda Is-SB County, 1.5 million reported
  • PATINO UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • FREE UNIT — gas, Marathon Oil Ef LLC, Live Oak County, 1.5 million reported
  • WOOD, CARRIE G. — gas, Export Petroleum Corporation, Goliad County, 1.5 million reported
  • WOOD, CARRIE G. — gas, Export Petroleum Corporation, Goliad County, 1.5 million reported
  • RISER FAMILY — gas, Esenjay Exploration, Inc, Live Oak County, 1.5 million reported
  • MOC B — gas, Geosouthern Energy Corporation, De Witt County, 1.5 million reported
  • REGMUND GAS UNIT 1 — gas, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • HALL GAS UNIT STH — gas, Hanson Production Company, Karnes County, 1.5 million reported
  • BORCHERS, VIVIAN UNIT ET AL — gas, Hunt Oil Company, Lavaca County, 1.5 million reported
  • LAZY OAK UNIT — oil, Eog Resources, Inc., Karnes County, 1.5 million reported
  • L.B. HAILEY UNIT — gas, Encana Oil & Gas(USA) Inc., Karnes County, 1.5 million reported
  • HARLAN METTING 01 — gas, Pioneer Natural Res. USA, Inc., De Witt County, 1.5 million reported
  • DOUGHERTY UNIT — oil, Plains Exploration & Prod. Co., Karnes County, 1.5 million reported
  • MURPHY-SINCLAIR UNIT AC — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • ROBINSON-REAVES — gas, Chesapeake Operating, Inc., Goliad County, 1.5 million reported
  • MCCOY — gas, Rincon Petroleum Corporation, De Witt County, 1.5 million reported
  • KOTARA-RIDLEY UNIT — gas, Plains Exploration & Prod. Co., Karnes County, 1.5 million reported
  • BLACKWELL GAS UNIT 2 — gas, Enduring Resources, LLC, De Witt County, 1.5 million reported
  • KICKENDAHL UNIT 1 — gas, Geosouthern Energy Corporation, De Witt County, 1.5 million reported
  • MARLENE OLSON — gas, Burlington Resources O & G Co LP, Live Oak County, 1.5 million reported
  • VIRGIL UNIT — oil, Eog Resources, Inc., Karnes County, 1.5 million reported
  • RESSMAN 01 — gas, Pioneer Natural Res. USA, Inc., De Witt County, 1.5 million reported
  • LASCA BUTLER SEARCY TRUST — oil, Burlington Resources O & G Co LP, Live Oak County, 1.5 million reported
  • KENNEDY — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • FRANZ UNIT A — gas, Burlington Resources O & G Co LP, De Witt County, 1.5 million reported
  • HAWKINS A — gas, Chesapeake Operating, Inc., Goliad County, 1.5 million reported
  • OEHLKE A — gas, Geosouthern Energy Corporation, De Witt County, 1.5 million reported
  • LP-BUTLER A — gas, Devon Energy Production Co, L.P., De Witt County, 1.5 million reported
  • DROMGOOLE 'B' UNIT — gas, Encana Oil & Gas(USA) Inc., Karnes County, 1.5 million reported
  • RUHMANN UNIT A — gas, Burlington Resources O & G Co LP, Live Oak County, 1.5 million reported
  • WILLIAMS, MAUDE ET AL "A" — gas, Hilcorp Energy Company, Refugio County, 1.5 million reported
  • MCCLANAHAN GAS UNIT 1 — gas, Statoil Texas Onshore Prop LLC, De Witt County, 1.5 million reported
  • GEORGIA MAE GRAHMANN GAS UNIT 2 — gas, Howell Drilling, Inc., Lavaca County, 1.5 million reported
  • HENDERSON — gas, Marathon Oil Ef LLC, De Witt County, 1.5 million reported
  • OLIVER D — gas, Geosouthern Energy Corporation, De Witt County, 1.5 million reported
  • MIKKELSON-WITTE UNIT — oil, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • MANSKER-SHELL UNIT — gas, Hughes, Dan A. Company, Bee County, 1.5 million reported
  • CULBERSON-PATTESON UNIT — oil, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • KRAUSE B — gas, Devon Energy Production Co, L.P., De Witt County, 1.5 million reported
  • HICKOK UNIT A — oil, Burlington Resources O & G Co LP, Karnes County, 1.5 million reported
  • MAGARIGAL GAS UNIT 1 — gas, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • CARTER, WILL T. — gas, Lime Rock Resources A, L.P., De Witt County, 1.5 million reported
  • BURNS GAS UNIT — gas, Parker & Parsley Development L.P, Live Oak County, 1.5 million reported
  • KLEINE 01 — gas, Pioneer Natural Res. USA, Inc., De Witt County, 1.5 million reported
  • BODOGGINZ UNIT A — oil, Burlington Resources O & G Co LP, Karnes County, 1.5 million reported
  • HILBRICH — gas, El Paso Production Oil & Gas Co., Goliad County, 1.5 million reported
  • 4J MINERAL UNIT — oil, Murphy Expl. & Prod. Co. - USA, Karnes County, 1.5 million reported
  • GANO-DLUGOSCH-MATEJEK (SA) A5 — gas, Repsol Oil & Gas USA, LLC, De Witt County, 1.5 million reported
  • RED CREST TRUST UNIT — oil, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • WILLIAM KELLY 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 1.5 million reported
  • BETTY KENNEDY A-B USW C — gas, Burlington Resources O & G Co LP, Live Oak County, 1.5 million reported
  • KICKENDAHL UNIT 1 — gas, De Witt County, 1.5 million reported
  • HUGHES GAS UNIT 1 — gas, Talisman Energy USA Inc., Live Oak County, 1.5 million reported
  • LUNA UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • KOLODZIEJZCYK UNIT A — gas, Burlington Resources O & G Co LP, De Witt County, 1.5 million reported
  • OETKEN 01 — gas, Pioneer Natural Res. USA, Inc., Karnes County, 1.5 million reported
  • SEID B-A-BORCH C ULW E — gas, Burlington Resources O & G Co LP, De Witt County, 1.5 million reported
  • HENDERSON — gas, Marathon Oil Ef LLC, De Witt County, 1.5 million reported
  • ORYX HUNTER — oil, Eagle Ford Hunter Resources,Inc., Lavaca County, 1.5 million reported
  • SCHREINER RANCH TRUST II — gas, Forney Oil Corporation, Live Oak County, 1.5 million reported
  • FRANKE-JOHNSON UNIT AC — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • HAMILTON TRUST UNIT C — gas, Burlington Resources O & G Co LP, De Witt County, 1.5 million reported
  • HEARD, C.E. "B" — gas, Petrohawk Operating Company, Bee County, 1.5 million reported
  • SINOR RANCH 01 — gas, Pioneer Natural Res. USA, Inc., Live Oak County, 1.5 million reported
  • DEFTONES AC UNIT — oil, Enervest Operating, L.L.C., Karnes County, 1.5 million reported
  • SEIDEL UNIT A — gas, Burlington Resources O & G Co LP, De Witt County, 1.5 million reported
  • MORGAN UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • GRAEF GAS UNIT 1 — gas, Equinor Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • WESTON-HENKE UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • DIMON — gas, Parker & Parsley Producing L.P., Goliad County, 1.5 million reported
  • FRANKE-JOHNSON UNIT AC — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • MCFADDIN, A. M. — gas, Pennzoil Exploration & Prod. Co., Victoria County, 1.5 million reported
  • EASLEY UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.5 million reported
  • WILLIAMS, MAUDE ETAL -A- — gas, Hilcorp Energy Company, Refugio County, 1.5 million reported
  • YOUNG GAS UNIT 1 — gas, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • TRAYLOR — gas, B D Production Co., Inc., Lavaca County, 1.5 million reported
  • T-C OIL CO.-O'CONNOR — gas, T - C Oil Company, Refugio County, 1.5 million reported
  • JAHN UNIT — gas, Magnolia Oil & Gas Operating LLC, De Witt County, 1.5 million reported
  • SPEAR REYNOLDS UNIT F — oil, Burlington Resources O & G Co LP, Karnes County, 1.5 million reported
  • KAREN KENNEDY UNIT A — gas, Burlington Resources O & G Co LP, Bee County, 1.5 million reported
  • YOUNG GAS UNIT 1 — gas, Statoil Texas Onshore Prop LLC, Karnes County, 1.5 million reported
  • HAMILTON A-D. WARZECHA A SA 1 — gas, BPX Operating Company, De Witt County, 1.4 million reported
  • CUNNINGHAM GAS UNIT — gas, Parker & Parsley Producing L.P., Goliad County, 1.4 million reported
  • GERDES-RATHKAMP — gas, Teal Operating, LLC, De Witt County, 1.4 million reported
  • HARPER — gas, Hankey Oil Company, Goliad County, 1.4 million reported
  • WILD UNIT A — gas, Burlington Resources O & G Co LP, De Witt County, 1.4 million reported
  • EYHORN GAS UNIT 1 — gas, Talisman Energy USA Inc., Karnes County, 1.4 million reported
  • CULLEN UNIT 2 — gas, Wofford, C. J., Lavaca County, 1.4 million reported
  • ULRICH A — gas, Devon Energy Production Co, L.P., De Witt County, 1.4 million reported
  • MILLER-RIDOUT UNIT — oil, Marathon Oil Ef LLC, Karnes County, 1.4 million reported
  • BLANCO — gas, Chesapeake Operating, Inc., Goliad County, 1.4 million reported
  • S. WALLIS UNIT A — oil, Burlington Resources O & G Co LP, De Witt County, 1.4 million reported
  • CROW A — gas, Devon Energy Production Co, L.P., Karnes County, 1.4 million reported
  • W. BUTLER A-E. BUTLER A SA 3 — gas, Devon Energy Production Co, L.P., De Witt County, 1.4 million reported
  • T-C OIL CO.-O'CONNOR — gas, T - C Oil Company, Refugio County, 1.4 million reported
  • PAWLIK-GODFREY GU — gas, Esenjay Petroleum Corp., Live Oak County, 1.4 million reported
  • TRAYLOR, MAUDE B. "B" — gas, Meridian Oil Production Inc., Calhoun County, 1.4 million reported
  • JO ANN ESSE UNIT I — oil, Burlington Resources O & G Co LP, Live Oak County, 1.4 million reported
  • YANTA CATTLE CO. A-288 #2 GU — gas, Burlington Resources O & G Co LP, Karnes County, 1.4 million reported
  • ARMSTRONG UNIT B — oil, Burlington Resources O & G Co LP, Karnes County, 1.4 million reported
  • CUSACK GAS UNIT — gas, Pioneer Natural Res. USA, Inc., De Witt County, 1.4 million reported
  • WATKINS, LARRY — gas, Hughes, Dan A. Company, Bee County, 1.4 million reported
  • TAYLOR UNIT B — oil, Burlington Resources O & G Co LP, Gonzales County, 1.4 million reported
  • PULLIN-F MALEK R ULW C — gas, Burlington Resources O & G Co LP, Live Oak County, 1.4 million reported
  • FOSTER — gas, Mesa Chica Corp., Bee County, 1.4 million reported
  • CHILDREN'S-WESTON UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.4 million reported
  • WOLTERS — gas, Pintex Operating Inc., Bee County, 1.4 million reported
  • KEYS UNIT — gas, Magnolia Oil & Gas Operating LLC, Karnes County, 1.4 million reported
  • KOTARA-RIDLEY UNIT — gas, Plains Exploration & Prod. Co., Karnes County, 1.4 million reported
  • COOLEY, M. E. — gas, Union Gas Operating Company, Victoria County, 1.4 million reported
  • SPRENCEL-PECK UNIT — oil, Marathon Oil Ef LLC, Karnes County, 1.4 million reported
  • SCHROEDER 01 — gas, Pioneer Natural Res. USA, Inc., De Witt County, 1.4 million reported
  • GUEVARA A — gas, Devon Energy Production Co, L.P., De Witt County, 1.4 million reported
  • MELBOURN, W. C. — gas, Neumin Production Company, Calhoun County, 1.4 million reported
  • LEVI PULLIN UNIT — gas, Marathon Oil Ef LLC, Karnes County, 1.4 million reported
  • AMANDA OLSON GAS UNIT — gas, Pioneer Natural Res. USA, Inc., Bee County, 1.4 million reported
  • KRANER UNIT B — gas, Marathon Oil Ef LLC, Karnes County, 1.4 million reported
  • KENNEDY-OLSON ESSE 6H PSA — gas, Marathon Oil Ef LLC, Karnes County, 1.4 million reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.