STATE LEASE 108750

Operated by BALLARD EXPLORATION COMPANY,INC. (P-5 48169) in the VICTOR BLANCO, W. (8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255232District 03Field 93717500CondensateGasSave
Value, all time
$29.1 M
May 2009 – Sep 2025
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
197
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
CondensateDisposition139,940 bbl$10,782,015
GasProduction5,022,928 Mcf$18,330,397
Total$29,112,412

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 29.8864, -95.1829. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.88644, -95.18287 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,335 ft
1 wells filed one
Completion to plug
15.9 years
median over 1 wells

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 9,335 ft.

Completions filed
May 2009
1 of 1 wells
Plug dates filed
Apr 2025
1 of 1 wells

Last completion to plug: a median of 15.9 years across the 1 well that filed both dates, with the middle half between 15.9 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2013282919,335 ftMay 2009Apr 2025Yes

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 (197)

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

197 months

Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 2024152071.372.28$10,848
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202401,51779.932.15$3,256
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202301,33985.443.09$4,134
Sep 202301,86789.042.74$5,106
Aug 202301,76080.522.67$4,704
Jul 202301,84074.852.64$4,861
Jun 202303,50568.962.26$7,916
May 202333414,13970.622.23$55,080
Apr 202307778.122.24$172
Mar 202303,51272.852.39$8,405
Feb 20233669,43275.112.47$50,747
Jan 20230076.533.39$0
Dec 2022110,31476.415.73$59,166
Nov 20221857,29885.005.65$56,931
Oct 202255522,94687.185.86$182,935
Sep 202218819,76684.888.16$177,321
Aug 202238122,51194.529.13$241,474
Jul 202237623,556101.587.54$215,855
Jun 202217823,230115.097.98$205,796
May 20221776,196109.378.43$71,610
Apr 2022010,813104.226.84$73,935
Mar 202218310,903108.885.08$75,273
Feb 202219410,90391.054.86$70,640
Jan 202204,33981.844.54$19,689
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210779.795.71$40
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202118811,53269.493.38$52,049
May 202118214,09963.483.02$54,099
Apr 202136015,74960.362.76$65,172
Mar 202118316,00361.302.72$54,697
Feb 20211809,85657.805.55$65,085
Jan 202137815,73350.412.81$63,269
Dec 202037121,38344.642.68$73,771
Nov 202037717,76238.772.71$62,690
Oct 202018819,53836.972.48$55,374
Sep 202036218,75837.091.99$50,775
Aug 202018315,64339.982.39$44,626
Jul 202035615,74938.371.83$42,404
Jun 202017815,33234.901.69$32,128
May 202018319,85716.921.81$39,132
Apr 202046922,53114.751.80$47,572
Mar 202018324,37930.341.86$50,805
Feb 202037817,45049.881.98$53,417
Jan 202018921,18157.252.09$55,189
Dec 201938019,00359.012.30$66,214
Nov 201937423,85155.302.75$86,289
Oct 201938626,67653.472.42$85,156
Sep 201937522,86655.052.66$81,405
Aug 201937627,90453.112.30$84,270
Jul 201937726,77056.272.46$87,070
Jun 201937026,45152.782.49$85,423
May 201918224,03158.482.74$76,496
Apr 201936723,09162.632.75$86,502
Mar 201936923,65456.803.06$93,390
Feb 201918520,59650.852.79$66,916
Jan 201954721,56846.033.23$94,804
Dec 201818022,35446.594.19$101,948
Nov 201835818,73352.934.24$98,325
Oct 201857233,15061.443.40$147,790
Sep 201890256,13259.543.11$228,163
Aug 201854141,33659.403.07$158,895
Jul 201836429,03365.142.93$108,832
Jun 201834824,11460.183.08$95,139
May 20181859,03565.382.90$38,304
Apr 201838224,22563.842.90$94,659
Mar 201818514,31161.222.79$51,208
Feb 20181785,68861.782.77$26,731
Jan 201819219,21162.874.01$89,094
Dec 20171978,56657.272.92$36,308
Nov 201739724,55755.423.12$98,579
Oct 201753234,68449.292.98$129,708
Sep 20171998,88447.523.09$36,884
Aug 201735221,34345.373.00$80,093
Jul 201754829,12243.873.09$113,949
Jun 201736726,45842.493.09$97,277
May 201777136,10345.373.26$152,799
Apr 201717722,42647.933.21$80,507
Mar 201736625,83046.772.98$94,186
Feb 201753127,17850.452.95$107,035
Jan 201717010,45949.413.42$44,157
Dec 20160048.763.72$0
Nov 201620015,35442.492.64$49,099
Oct 201639321,43846.193.09$84,402
Sep 201639925,45541.553.10$95,505
Aug 201658738,70541.442.92$137,512
Jul 201636515,26141.622.92$59,820
Jun 20161,09936,06845.352.69$146,712
May 201653938,07842.521.99$98,733
Apr 201654437,99036.561.99$95,528
Mar 201673042,50033.011.79$100,343
Feb 201656723,62726.472.06$63,766
Jan 201654831,82527.352.36$90,234
Dec 201555231,65532.362.00$81,217
Nov 201554730,61138.792.17$87,562
Oct 201563432,34943.552.43$106,108
Sep 201563733,25342.992.76$119,110
Aug 201542733,72740.162.87$114,029
Jul 201562634,13048.152.95$130,657
Jun 201570333,32156.152.88$135,533
May 201560734,84055.212.96$136,480
Apr 201565933,99149.822.71$124,830
Mar 201553920,64842.892.93$83,714
Feb 201584434,97744.662.98$141,791
Jan 201584537,23543.433.10$152,150
Dec 201480037,45654.693.59$178,270
Nov 201482334,65470.464.25$205,332
Oct 201479936,17378.303.90$203,671
Sep 201460934,91086.164.05$193,698
Aug 201494136,90389.394.04$233,024
Jul 20141,00636,94096.564.18$251,534
Jun 201458935,90998.164.74$227,913
May 201483136,29194.734.73$250,252
Apr 201462936,65495.944.81$236,620
Mar 20141,26836,91195.895.06$308,240
Feb 201442034,89497.406.19$256,972
Jan 20141,00254,90590.404.86$357,459
Dec 201385257,93991.824.35$330,525
Nov 201384454,61488.853.74$279,152
Oct 201397838,95097.423.78$242,483
Sep 20131,19239,881104.113.72$272,366
Aug 201361941,165104.253.52$209,539
Jul 20131,17639,308102.523.72$266,700
Jun 201395738,64394.403.93$242,340
May 20131,01640,55394.834.15$264,605
Apr 20131,02339,39293.964.28$264,821
Mar 20131,22138,98693.623.91$266,857
Feb 20131,16235,09491.233.42$226,028
Jan 20131,23938,00491.603.42$243,463
Dec 20121,02736,05986.773.42$212,440
Nov 201293835,25686.953.62$209,361
Oct 20121,12836,85189.383.40$226,102
Sep 201288835,86994.672.92$188,747
Aug 20121,10536,24392.662.91$207,790
Jul 20121,23938,05085.133.02$220,418
Jun 201293837,65279.822.52$169,718
May 20121,09238,65291.612.49$196,217
Apr 20121,54235,682101.652.00$227,994
Mar 201276436,833105.052.22$162,104
Feb 20121,71234,948101.102.57$262,908
Jan 20121,57159,91798.092.73$317,917
Dec 20112,09657,45896.873.24$389,189
Nov 20112,32757,69495.723.31$413,781
Oct 20112,24060,12584.983.65$409,724
Sep 20112,23358,02583.623.99$418,000
Aug 20112,19559,58183.404.15$430,284
Jul 20112,18154,69094.144.52$452,367
Jun 20111,70053,26992.904.64$405,092
May 20112,46757,00798.134.40$493,192
Apr 20112,19154,976105.964.33$470,385
Mar 20112,74760,21896.364.06$509,026
Feb 20112,07053,74085.644.18$401,907
Jan 20112,60961,28386.504.59$506,893
Dec 20103,00464,16885.734.35$536,519
Nov 20102,61061,06580.843.80$442,754
Oct 20102,72460,81078.103.51$426,120
Sep 20102,87259,53972.633.98$445,527
Aug 20103,09761,82973.684.42$501,432
Jul 20103,18464,21272.554.74$535,139
Jun 20103,39566,04870.364.91$563,194
May 20103,48167,05771.124.24$531,570
Apr 20103,49163,20281.694.12$545,742
Mar 20104,27270,67578.394.39$645,051
Feb 20103,69664,00173.585.44$620,268
Jan 20103,15662,42974.365.96$607,012
Dec 20092,76351,76571.445.48$481,255
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200916818554.743.93$9,923

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.

Oct 2024 — as filed, then multipliedworked
Condensate           152 bbl  × $ 71.37 =    $10,848
Gas                    0 Mcf  × $  2.28 =         $0

────────────────────────────────────────────────────
Month total                                  $10,848

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. 03/G/255232 is the state's own key, not one this site invented.