JOHNSON FOUNDATION

Operated by TRI-C RESOURCES PARTNERS I, LLC (P-5 103976) in the OLD OCEAN (CIB HAZ) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263244District 03Field 67011250CondensateGasSaveExport
Value, all time
$8.2 M
Feb 2011 – May 2026
Value, last 12 filed months
$418 k
at the published price for each month
Months reported
184
no gaps in the span
Streams
2
condensate, 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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
2011-02-27
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: CORRELATIVE INTERVAL 8835-8874 FT AS SHOWN ON LOG FORDISCOVERY

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
CondensateDisposition51,490 bbl$4,164,030
GasProduction1,087,618 Mcf$3,997,451
Total$8,161,481

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 29.0306, -95.8289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03059, -95.82893 · 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
10,728 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 10,728 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-32131892110,728 ftFeb 2011

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 (184)

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

184 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20263206,66489.753.15$49,708
Feb 20263615,17563.503.75$42,331
Jan 20263605,84359.138.00$68,019
Dec 20253626,29156.664.41$48,275
Nov 20251834,66758.593.93$29,047
Oct 202507059.383.30$231
Sep 20253596,17162.743.08$41,511
Aug 20253526,42663.933.01$41,876
Jul 20253607,67466.743.32$49,467
Jun 20253627,42566.483.13$47,297
May 20253606,47060.553.23$42,711
Apr 20253656,37962.363.54$45,363
Mar 20253606,34967.704.27$51,472
Feb 20253615,93070.884.34$51,329
Jan 20253604,24274.324.28$44,905
Dec 20243566,35668.993.12$44,400
Nov 20243636,41469.052.20$39,166
Oct 2024360071.372.28$25,693
Sep 20245496,44869.612.36$53,461
Aug 20243616,72675.632.06$41,182
Jul 20243636,77079.932.15$43,547
Jun 20243606,59078.082.63$45,467
May 20243636,77578.812.20$43,502
Apr 20245346,67184.451.66$56,165
Mar 20243596,90380.301.55$39,494
Feb 20243586,00976.091.78$37,958
Jan 20243606,85473.023.30$48,889
Dec 20235436,68071.262.61$56,134
Nov 20233616,77677.892.81$47,142
Oct 20233567,07585.443.09$52,259
Sep 20235316,93689.042.74$66,250
Aug 20233546,99780.522.67$47,206
Jul 20233537,27074.852.64$45,628
Jun 20233557,06368.962.26$40,432
May 20235377,32870.622.23$54,245
Apr 20233567,09178.122.24$43,679
Mar 20235336,85472.852.39$55,232
Feb 20233586,60675.112.47$43,178
Jan 20235417,47976.533.39$66,739
Dec 20223587,11976.415.73$68,140
Nov 20223515,66185.005.65$61,798
Oct 20227097,76087.185.86$107,313
Sep 20225207,66684.888.16$106,720
Aug 20223538,08194.529.13$107,122
Jul 20223528,263101.587.54$98,076
Jun 20226898,224115.097.98$144,902
May 20225348,784109.378.43$132,479
Apr 20223588,713104.226.84$96,887
Mar 20225369,121108.885.08$104,662
Feb 20227248,43891.054.86$106,919
Jan 20225269,73181.844.54$87,204
Dec 202167910,53571.323.90$89,504
Nov 202102,64377.435.24$13,841
Oct 20213553,05979.795.71$45,804
Sep 20213559,08269.865.35$73,397
Aug 20217129,70066.024.22$87,946
Jul 20216839,38970.783.98$85,730
Jun 20211768,45169.493.38$40,800
May 20215424,48263.483.02$47,931
Apr 2021178060.362.76$10,744
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200244.642.68$5
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200237.091.99$4
Aug 20200039.982.39$0
Jul 20200238.371.83$4
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020014514.751.80$262
Mar 2020013730.341.86$254
Feb 2020016849.881.98$333
Jan 20200057.252.09$0
Dec 2019014259.012.30$327
Nov 20190055.302.75$0
Oct 2019012453.472.42$300
Sep 2019022355.052.66$593
Aug 20190053.112.30$0
Jul 201905,32856.272.46$13,107
Jun 201902,28552.782.49$5,692
May 201936839358.482.74$22,598
Apr 20193776,72462.632.75$42,107
Mar 20191917456.803.06$11,075
Feb 20190050.852.79$0
Jan 201904,72446.033.23$15,250
Dec 201801,58146.594.19$6,617
Nov 201809,69452.934.24$41,076
Oct 201804,92661.443.40$16,739
Sep 201801,89659.543.11$5,893
Aug 201801,13959.403.07$3,493
Jul 201802,64965.142.93$7,767
Jun 201804,08760.183.08$12,575
May 201806,29765.382.90$18,266
Apr 201807,28263.842.90$21,124
Mar 20185468,83461.222.79$58,045
Feb 20185468,30261.782.77$56,696
Jan 20183714,53862.874.01$41,519
Dec 201708,96457.272.92$26,189
Nov 20171911,76055.423.12$16,074
Oct 201704,40749.292.98$13,149
Sep 201702,66147.523.09$8,215
Aug 20177383,75345.373.00$44,759
Jul 201703,87643.873.09$11,966
Jun 20170042.493.09$0
May 201702,96745.373.26$9,683
Apr 201704,11747.933.21$13,222
Mar 201706,75046.772.98$20,140
Feb 201703,08550.452.95$9,109
Jan 2017010,63849.413.42$36,369
Dec 201606,55848.763.72$24,414
Nov 201603,16042.492.64$8,356
Oct 201605,74746.193.09$17,760
Sep 201605,72941.553.10$17,764
Aug 20160041.442.92$0
Jul 201604,69241.622.92$13,721
Jun 201605,83445.352.69$15,669
May 201606,50842.521.99$12,958
Apr 201607,57936.561.99$15,090
Mar 201607,60233.011.79$13,638
Feb 201603,64526.472.06$7,522
Jan 201604,19927.352.36$9,928
Dec 2015010,11232.362.00$20,238
Nov 201507,98338.792.17$17,302
Oct 201508,29943.552.43$20,138
Sep 201509,25142.992.76$25,518
Aug 201509,35840.162.87$26,881
Jul 201555212,46048.152.95$63,275
Jun 20155427,32556.152.88$51,550
May 201505,65355.212.96$16,707
Apr 20155618,75649.822.71$51,648
Mar 20153468,96742.892.93$41,155
Feb 20153787,80944.662.98$40,123
Jan 20153726,63243.433.10$36,719
Dec 20143787,09954.693.59$46,168
Nov 201456010,19270.464.25$82,792
Oct 201470610,21878.303.90$95,140
Sep 20143487,81586.164.05$61,599
Aug 20143618,16089.394.04$65,196
Jul 20147089,61196.564.18$108,535
Jun 20143547,58798.164.74$70,687
May 201455811,89094.734.73$109,058
Apr 201436010,63795.944.81$85,693
Mar 20145329,60895.895.06$99,599
Feb 20146897,98597.406.19$116,552
Jan 20145186,82090.404.86$79,977
Dec 20133581,93691.824.35$41,302
Nov 201371210,76288.853.74$103,493
Oct 20135328,17497.423.78$82,720
Sep 20133498,899104.113.72$69,419
Aug 201368812,415104.253.52$115,457
Jul 201368910,038102.523.72$107,955
Jun 201337610,85494.403.93$78,188
May 201354411,89494.834.15$100,937
Apr 20135639,02193.964.28$91,533
Mar 201373310,37693.623.91$109,223
Feb 20135389,58391.233.42$81,855
Jan 201336612,26391.603.42$75,464
Dec 20121808,37986.773.42$44,276
Nov 20123505,93486.953.62$51,943
Oct 201219010,57689.383.40$52,937
Sep 2012538394.672.92$50,941
Aug 20122594,29492.662.91$36,487
Jul 20123677,52285.133.02$53,965
Jun 20125566579.822.52$44,544
May 201203,31091.612.49$8,236
Apr 20127137,579101.652.00$87,610
Mar 201206,623105.052.22$14,717
Feb 20123453,732101.102.57$44,472
Jan 201202,53798.092.73$6,936
Dec 201154210,01896.873.24$84,959
Nov 201152010,17495.723.31$83,463
Oct 201153210,39284.983.65$83,125
Sep 201188513,84783.623.99$129,195
Aug 20111774,59883.404.15$33,840
Jul 20110094.144.52$0
Jun 20113543,24592.904.64$47,943
May 201185517,55798.134.40$161,237
Apr 201170217,056105.964.33$148,292
Mar 201144715,84496.364.06$107,357
Feb 201104,61385.644.18$19,282

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.

Mar 2026 — as filed, then multipliedworked
Condensate           320 bbl  × $ 89.75 =    $28,720
Gas                6,664 Mcf  × $  3.15 =    $20,988

────────────────────────────────────────────────────
Month total                                  $49,708

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/263244 is the state's own key, not one this site invented.