GARDEN VILLAS

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

Gas lease lease 265023District 03Field 340035002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.0 M
Mar 2012 – May 2026
Value, last 12 filed months
$128 k
at the published price for each month
Months reported
171
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
2012-03-14
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 15350-15500 FEET (TVD) AS DESIGNATED ON THE

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
High Cost Gas112012-11-30207680
NGPA1none

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
CondensateDisposition42,694 bbl$2,976,599
GasProduction625,491 Mcf$2,049,666
Total$5,026,265

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 30.0634, -94.2113. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.06337, -94.21134 · 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
15,968 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 15,968 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-24532711115,968 ftMar 2012

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 (171)

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

171 months

May 202600106.413.05$0
Apr 2026098098.932.87$2,812
Mar 202618388289.753.15$19,202
Feb 20261851,09363.503.75$15,847
Jan 202601,28059.138.00$10,237
Dec 20251861,37656.664.41$16,612
Nov 20251701,09158.593.93$14,244
Oct 2025053859.383.30$1,778
Sep 20251721,30162.743.08$14,794
Aug 202517876463.933.01$13,683
Jul 2025095966.743.32$3,179
Jun 20251781,06266.483.13$15,156
May 202517796660.553.23$13,840
Apr 202501,09562.363.54$3,880
Mar 20251761,04567.704.27$16,376
Feb 202517875570.884.34$15,894
Jan 202501,39674.324.28$5,973
Dec 20241751,49068.993.12$16,724
Nov 20241791,31769.052.20$15,255
Oct 202401,49971.372.28$3,420
Sep 20241751,56069.612.36$15,870
Aug 20241761,54875.632.06$16,505
Jul 202401,53679.932.15$3,297
Jun 20241771,60878.082.63$18,056
May 20241781,79178.812.20$17,966
Apr 202401,38984.451.66$2,305
Mar 20241691,68980.301.55$16,180
Feb 20241711,33076.091.78$15,384
Jan 20241821,24673.023.30$17,399
Dec 202301,52671.262.61$3,984
Nov 20231821,42177.892.81$18,166
Oct 20231681,31885.443.09$18,423
Sep 202301,72489.042.74$4,715
Aug 20231771,61280.522.67$18,561
Jul 20231771,83074.852.64$18,083
Jun 202301,58368.962.26$3,575
May 20231781,84370.622.23$16,675
Apr 20231781,81878.122.24$17,974
Mar 20231811,69172.852.39$17,233
Feb 20231751,15275.112.47$15,985
Jan 202301,02076.533.39$3,455
Dec 202201,78576.415.73$10,226
Nov 202215997785.005.65$19,031
Oct 20221791,70687.185.86$25,609
Sep 2022096384.888.16$7,862
Aug 20221811,30994.529.13$29,056
Jul 20221761,622101.587.54$30,111
Jun 20221771,718115.097.98$34,076
May 202202,131109.378.43$17,971
Apr 20221811,640104.226.84$30,077
Mar 2022180461108.885.08$21,939
Feb 2022046191.054.86$2,240
Jan 20221791,95481.844.54$23,516
Dec 20211772,16271.323.90$21,054
Nov 20211772,12477.435.24$24,828
Oct 20213421,98379.795.71$38,619
Sep 202101,15769.865.35$6,191
Aug 2021053066.024.22$2,237
Jul 202111,07370.783.98$4,344
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021037860.362.76$1,043
Mar 202102,17861.302.72$5,918
Feb 20211841,34257.805.55$18,081
Jan 202101,49050.412.81$4,187
Dec 20201871,50944.642.68$12,385
Nov 202001,49438.772.71$4,044
Oct 20203691,63036.972.48$17,682
Sep 202002,33037.091.99$4,639
Aug 202002,61439.982.39$6,235
Jul 20201862,40438.371.83$11,524
Jun 20201812,65334.901.69$10,801
May 20201822,66016.921.81$7,907
Apr 20201732,95814.751.80$7,889
Mar 20203732,82730.341.86$16,564
Feb 202002,82449.881.98$5,593
Jan 202003,06857.252.09$6,427
Dec 20195523,23759.012.30$40,033
Nov 20191793,65955.302.75$19,964
Oct 201903,49753.472.42$8,458
Sep 20193632,97655.052.66$27,891
Aug 201903,41653.112.30$7,872
Jul 20193572,95056.272.46$27,346
Jun 201903,53552.782.49$8,806
May 20193662,86558.482.74$29,255
Apr 20191822,73662.632.75$18,925
Mar 201902,66956.803.06$8,173
Feb 20196382,82350.852.79$40,325
Jan 201903,52346.033.23$11,373
Dec 20183704,69046.594.19$36,868
Nov 20181842,69352.934.24$21,150
Oct 20182223,03261.443.40$23,943
Sep 20181832,84359.543.11$19,732
Aug 20183643,36159.403.07$31,928
Jul 20181873,16665.142.93$21,464
Jun 20181813,11260.183.08$20,468
May 20181813,57565.382.90$22,204
Apr 20181913,56163.842.90$22,523
Mar 20181873,36761.222.79$20,831
Feb 201803,87961.782.77$10,730
Jan 20181902,70762.874.01$22,799
Dec 20173704,83057.272.92$35,301
Nov 201701,42055.423.12$4,428
Oct 20171873,14349.292.98$18,595
Sep 201718470747.523.09$10,926
Aug 20173653,86645.373.00$28,175
Jul 201704,13043.873.09$12,750
Jun 20173733,72442.493.09$27,346
May 20173653,42545.373.26$27,737
Apr 20173663,92647.933.21$30,151
Mar 201704,31746.772.98$12,881
Feb 20175703,82250.452.95$40,041
Jan 20174195,49749.413.42$39,496
Dec 201604,28648.763.72$15,956
Nov 20165524,20042.492.64$34,561
Oct 201604,61546.193.09$14,262
Sep 20165405,21941.553.10$38,619
Aug 20163555,08141.442.92$29,570
Jul 20165385,19841.622.92$37,592
Jun 201604,73245.352.69$12,709
May 20163625,42242.521.99$26,188
Apr 20161844,97236.561.99$16,626
Mar 20163674,94433.011.79$20,984
Feb 20163664,56726.472.06$19,113
Jan 20165514,95027.352.36$26,773
Dec 20153694,78532.362.00$21,518
Nov 20151844,83838.792.17$17,623
Oct 20153974,98743.552.43$29,391
Sep 20154014,73942.992.76$30,311
Aug 20152015,17540.162.87$22,937
Jul 20155795,12348.152.95$42,966
Jun 201505,00556.152.88$14,429
May 20154025,61655.212.96$38,792
Apr 20155765,17149.822.71$42,692
Mar 20154057,31142.892.93$38,826
Feb 20156138,99844.662.98$54,156
Jan 201520612,88343.433.10$48,892
Dec 20144056,05154.693.59$43,881
Nov 20144025,77770.464.25$52,888
Oct 20142015,37278.303.90$36,694
Sep 20143605,26386.164.05$52,309
Aug 20147975,67089.394.04$94,123
Jul 20141995,83096.564.18$43,583
Jun 20146007,39398.164.74$93,916
May 20142015,90394.734.73$46,942
Apr 20142025,28095.944.81$44,772
Mar 20144054,39195.895.06$61,040
Feb 20144055,48097.406.19$73,379
Jan 20142046,42290.404.86$49,657
Dec 20133915,64191.824.35$60,465
Nov 201301,83888.853.74$6,871
Oct 20131911197.423.78$18,649
Sep 20133864,602104.113.72$57,296
Aug 20135777,762104.253.52$87,495
Jul 20137688,411102.523.72$110,005
Jun 20135758,26594.403.93$86,790
May 20135828,69894.834.15$91,280
Apr 20133878,85293.964.28$74,272
Mar 20137759,57293.623.91$110,009
Feb 20135827,96491.233.42$80,332
Jan 20137799,35291.603.42$103,339
Dec 201278210,55386.773.42$103,947
Nov 201278010,55386.953.62$106,075
Oct 201277311,43589.383.40$107,966
Sep 201277311,79694.672.92$107,605
Aug 201257610,52592.662.91$83,981
Jul 201296211,92685.133.02$117,921
Jun 201296414,20979.822.52$112,740
May 20121,17216,96091.612.49$149,569
Apr 201238910,999101.652.00$61,505
Mar 201200105.052.22$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                  980 Mcf  × $  2.87 =     $2,812

────────────────────────────────────────────────────
Month total                                   $2,812

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/265023 is the state's own key, not one this site invented.