UNDERWOOD ESTATE

Operated by BALLARD EXPLORATION COMPANY,INC. (P-5 48169) in the SUBLIME, WEST (MIDWAY, U.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 269437District 02Field 86868500CondensateGasSave
Value, all time
$45.4 M
Mar 2013 – May 2026
Value, last 12 filed months
$417 k
at the published price for each month
Months reported
159
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition191,360 bbl$13,113,071
GasProduction9,187,068 Mcf$32,257,313
Total$45,370,385

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 29.4804, -96.7754. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.48040, -96.77544 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,600 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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 11,600 ft.

Completions filed
Nov 2013
1 of 1 wells

1 well

42-28533642111,600 ftNov 2013

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 (159)

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

159 months

May 202600106.413.05$0
Apr 202602,25998.932.87$6,483
Mar 20261926,66589.753.15$38,223
Feb 20261827,98963.503.75$41,518
Jan 20263708,10859.138.00$86,725
Dec 2025010,86956.664.41$47,969
Nov 20251862,62158.593.93$21,189
Oct 202505,62059.383.30$18,573
Sep 20251818,73762.743.08$38,239
Aug 20251808,92763.933.01$38,420
Jul 20251738,42766.743.32$39,483
Jun 20251948,63666.483.13$39,917
May 20251898,10660.553.23$37,645
Apr 20251898,44462.363.54$41,704
Mar 202519311,02667.704.27$60,129
Feb 202506,86270.884.34$29,787
Jan 20251868,42874.324.28$49,884
Dec 202438011,38668.993.12$61,756
Nov 202419112,21969.052.20$40,051
Oct 202419113,14371.372.28$43,616
Sep 202418612,18569.612.36$41,757
Aug 20241928,64675.632.06$32,363
Jul 202407,08479.932.15$15,206
Jun 202419112,37278.082.63$47,501
May 202436515,51778.812.20$62,879
Apr 202419513,01484.451.66$38,061
Mar 20241915,61580.301.55$24,013
Feb 20241909,72976.091.78$31,810
Jan 20241949,27873.023.30$44,762
Dec 202319011,72571.262.61$44,150
Nov 202319411,74177.892.81$48,074
Oct 202319210,84285.443.09$49,877
Sep 202319211,42889.042.74$48,352
Aug 202319112,50380.522.67$48,798
Jul 202318912,03174.852.64$45,930
Jun 202319612,53968.962.26$41,835
May 202338213,24070.622.23$56,468
Apr 202319413,41478.122.24$45,173
Mar 202337412,49472.852.39$57,146
Feb 202319412,96975.112.47$46,549
Jan 202318615,54276.533.39$66,887
Dec 20221828,92676.415.73$65,044
Nov 20221968,26685.005.65$63,331
Oct 202230011,05687.185.86$90,984
Sep 202218811,08184.888.16$106,419
Aug 202237013,06494.529.13$154,210
Jul 202238014,038101.587.54$144,476
Jun 202218613,118115.097.98$126,052
May 202236914,647109.378.43$163,876
Apr 202217514,956104.226.84$120,502
Mar 202236711,732108.885.08$99,515
Feb 202235511,73291.054.86$89,327
Jan 202218815,01681.844.54$83,524
Dec 202154515,44271.323.90$99,080
Nov 202118616,89277.435.24$102,863
Oct 202137019,09579.795.71$138,629
Sep 202118816,42469.865.35$101,017
Aug 202137420,15366.024.22$109,749
Jul 202117817,56070.783.98$82,524
Jun 20211855,66469.493.38$32,003
May 202135621,62663.483.02$87,859
Apr 202135220,75160.362.76$78,487
Mar 202137223,63961.302.72$87,029
Feb 202138113,50557.805.55$96,947
Jan 202170424,10650.412.81$103,233
Dec 202018024,33844.642.68$73,151
Nov 202036317,36438.772.71$61,070
Oct 202017823,12536.972.48$63,894
Sep 202034913,98037.091.99$40,779
Aug 202034722,45839.982.39$67,438
Jul 202053425,78638.371.83$67,552
Jun 202070225,82634.901.69$68,154
May 2020027,96716.921.81$50,753
Apr 202054828,74014.751.80$59,941
Mar 202037230,85330.341.86$68,557
Feb 202056526,18449.881.98$80,044
Jan 202018621,52657.252.09$55,740
Dec 201974029,62259.012.30$111,927
Nov 201937227,78155.302.75$96,989
Oct 201936816,05153.472.42$58,497
Sep 201935931,71355.052.66$104,033
Aug 201973131,69553.112.30$111,860
Jul 201955335,80656.272.46$119,202
Jun 201954926,45252.782.49$94,873
May 201955737,90958.482.74$136,456
Apr 201955035,47562.632.75$132,028
Mar 201973037,40856.803.06$156,011
Feb 20191,06336,93050.852.79$157,170
Jan 201956740,13746.033.23$155,668
Dec 201855440,13746.594.19$193,802
Nov 201874539,90552.934.24$208,520
Oct 201873944,35061.443.40$196,109
Sep 201856837,99059.543.11$151,892
Aug 201889343,43759.403.07$186,246
Jul 201891242,59865.142.93$184,300
Jun 201836931,61260.183.08$119,474
May 201836528,66565.382.90$107,015
Apr 201855729,42563.842.90$120,915
Mar 201873223,99061.222.79$111,669
Feb 201838225,24161.782.77$93,420
Jan 201857029,95762.874.01$155,943
Dec 201755831,28357.272.92$123,351
Nov 201773832,83355.423.12$143,285
Oct 201792037,35949.292.98$156,814
Sep 201737227,78047.523.09$103,442
Aug 201772034,45945.373.00$136,195
Jul 201753644,96443.873.09$162,331
Jun 201793647,19542.493.09$185,475
May 20171,42553,73545.373.26$240,011
Apr 201771965,90747.933.21$246,129
Mar 20171,42473,73546.772.98$286,602
Feb 20171,23865,14950.452.95$254,816
Jan 20171,25074,03249.413.42$314,863
Dec 20161,63681,59048.763.72$383,517
Nov 20161,26783,85542.492.64$275,577
Oct 20161,61793,20646.193.09$362,720
Sep 20161,95695,57541.553.10$377,615
Aug 20161,785100,79641.442.92$368,732
Jul 20161,420104,59541.622.92$364,972
Jun 20161,43094,19945.352.69$317,853
May 20161,771103,99442.521.99$282,359
Apr 20162,174107,31736.561.99$293,154
Mar 20161,803115,01833.011.79$265,860
Feb 20162,357110,22826.472.06$289,860
Jan 20162,169122,52827.352.36$349,022
Dec 20152,567125,28932.362.00$333,823
Nov 20152,552128,08938.792.17$376,603
Oct 20152,549138,98643.552.43$448,270
Sep 20152,509139,33442.992.76$492,204
Aug 20152,682150,30040.162.87$539,444
Jul 20152,828145,82748.152.95$565,640
Jun 20152,705135,11856.152.88$541,412
May 20153,070148,34455.212.96$607,918
Apr 20153,107148,40449.822.71$556,457
Mar 20153,151157,88742.892.93$598,499
Feb 20154,241185,54444.662.98$741,617
Jan 20154,677208,15943.433.10$848,546
Dec 20144,457210,58154.693.59$1,000,026
Nov 20144,924212,95870.464.25$1,252,408
Oct 20145,145224,93578.303.90$1,280,316
Sep 20145,096220,77786.164.05$1,332,211
Aug 20145,381233,77889.394.04$1,424,330
Jul 20146,059242,49596.564.18$1,598,589
Jun 20144,879234,46198.164.74$1,589,536
May 20145,757242,59794.734.73$1,692,010
Apr 20145,686234,63195.944.81$1,673,883
Mar 20145,854244,00795.895.06$1,795,235
Feb 20145,437217,31797.406.19$1,875,191
Jan 20146,188247,64990.404.86$1,763,148
Dec 20136,381257,24191.824.35$1,706,054
Nov 20134,776190,99088.853.74$1,138,322
Oct 20137,276270,40797.423.78$1,730,793
Sep 20135,175209,281104.113.72$1,316,822
Aug 201317923,048104.253.52$99,850
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                2,259 Mcf  × $  2.87 =     $6,483

────────────────────────────────────────────────────
Month total                                   $6,483

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. 02/G/269437 is the state's own key, not one this site invented.