BAPTIST FOUNDATION

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the BUTTERMILK (NODOSARIA 10,000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279199District 03Field 14024830CondensateGasSaveExport
Value, all time
$2.2 M
Mar 2015 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
135
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1966-01-05
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

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
CondensateDisposition27,756 bbl$1,514,265
GasProduction225,745 Mcf$673,759
Total$2,188,024

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 28.7304, -96.3147. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.73044, -96.31466 · 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
11,700 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 11,700 ft.

Completions filed
Mar 2015
1 of 1 wells

1 well

42-32132354211,700 ftMar 2015

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 (135)

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

135 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026173063.503.75$10,986
Jan 20260059.138.00$0
Dec 2025015356.664.41$675
Nov 2025019958.593.93$781
Oct 2025040259.383.30$1,329
Sep 202516439362.743.08$11,499
Aug 202517843063.933.01$12,676
Jul 202517921066.743.32$12,643
Jun 2025055966.483.13$1,749
May 202518069760.553.23$13,152
Apr 2025071262.363.54$2,523
Mar 202518364867.704.27$15,155
Feb 2025057170.884.34$2,479
Jan 202518043474.324.28$15,235
Dec 2024055868.993.12$1,742
Nov 202417857869.052.20$13,562
Oct 2024055771.372.28$1,271
Sep 202417850869.612.36$13,592
Aug 202417783775.632.06$15,114
Jul 2024093779.932.15$2,011
Jun 202417787478.082.63$16,122
May 202401,06578.812.20$2,341
Apr 20241731,21884.451.66$16,631
Mar 202418061380.301.55$15,401
Feb 2024061976.091.78$1,104
Jan 202417982073.023.30$15,775
Dec 2023098671.262.61$2,574
Nov 202318379677.892.81$16,489
Oct 20231781,01685.443.09$18,345
Sep 202301,08689.042.74$2,970
Aug 20233351,14680.522.67$30,037
Jul 202301,22374.852.64$3,231
Jun 20231771,15868.962.26$14,821
May 2023093870.622.23$2,089
Apr 202318070878.122.24$15,646
Mar 20231841,35972.852.39$16,657
Feb 20231791,04175.112.47$16,011
Jan 202301,11776.533.39$3,784
Dec 20221841,39776.415.73$22,063
Nov 202218998185.005.65$21,604
Oct 20221761,10787.185.86$21,835
Sep 202201,21384.888.16$9,903
Aug 20221771,10494.529.13$26,806
Jul 20221771,221101.587.54$27,189
Jun 20221761,209115.097.98$29,900
May 20221831,364109.378.43$31,517
Apr 20221721,252104.226.84$26,487
Mar 20221781,528108.885.08$27,137
Feb 20220091.054.86$0
Jan 202218123581.844.54$15,879
Dec 202117845471.323.90$14,465
Nov 202117743977.435.24$16,004
Oct 20211851,07479.795.71$20,898
Sep 202119084169.865.35$17,774
Aug 20211761,00166.024.22$15,844
Jul 20211771,29470.783.98$17,681
Jun 20211751,59769.493.38$17,560
May 20211831,88963.483.02$17,317
Apr 20211581,96660.362.76$14,960
Mar 20213592,06061.302.72$27,604
Feb 20211901,27757.805.55$18,067
Jan 20211911,99950.412.81$15,246
Dec 20203592,12844.642.68$21,719
Nov 20201702,21938.772.71$12,597
Oct 20201802,47636.972.48$12,791
Sep 20203512,17437.091.99$17,347
Aug 20203481,93339.982.39$18,523
Jul 20201812,08838.371.83$10,756
Jun 20203651,89134.901.69$15,935
May 202001,96916.921.81$3,573
Apr 20203501,90514.751.80$8,600
Mar 20201802,01930.341.86$9,209
Feb 20201832,09849.881.98$13,283
Jan 20203673,13757.252.09$27,582
Dec 20191841,89359.012.30$15,220
Nov 201918836355.302.75$11,395
Oct 2019048553.472.42$1,173
Sep 201917453955.052.66$11,011
Aug 2019063653.112.30$1,466
Jul 201918352556.272.46$11,589
Jun 2019048152.782.49$1,198
May 201917771458.482.74$12,308
Apr 201917398162.632.75$13,533
Mar 2019089856.803.06$2,750
Feb 201917574050.852.79$10,965
Jan 2019087946.033.23$2,838
Dec 201818387746.594.19$12,197
Nov 201818796552.934.24$13,987
Oct 201801,14861.443.40$3,901
Sep 20181831,07959.543.11$14,249
Aug 20181741,00559.403.07$13,417
Jul 20181811,20465.142.93$15,320
Jun 20181781,32060.183.08$14,774
May 20181801,66365.382.90$16,592
Apr 20181811,80263.842.90$16,782
Mar 20181801,97961.222.79$16,535
Feb 20183711,91461.782.77$28,215
Jan 20181832,13762.874.01$20,073
Dec 20171841,83457.272.92$15,896
Nov 20173472,15055.423.12$25,935
Oct 20173532,31849.292.98$24,316
Sep 201702,18947.523.09$6,758
Aug 20173411,83645.373.00$20,987
Jul 20171812,50343.873.09$15,668
Jun 20173392,36542.493.09$21,706
May 20173742,34345.373.26$24,615
Apr 20171842,43047.933.21$16,623
Mar 20173682,35346.772.98$24,232
Feb 20173571,75750.452.95$23,198
Jan 20173831,71349.413.42$24,780
Dec 20161851,18148.763.72$13,417
Nov 20163702,84542.492.64$23,244
Oct 20163552,90246.193.09$25,365
Sep 20164872,91341.553.10$29,267
Aug 20163543,29041.442.92$24,291
Jul 20163693,03041.622.92$24,219
Jun 20163583,25645.352.69$24,980
May 20163643,77042.521.99$22,984
Apr 20163533,01236.561.99$18,903
Mar 20165005,57433.011.79$26,505
Feb 20163255,21226.472.06$19,358
Jan 20165463,68627.352.36$23,648
Dec 20153643,57132.362.00$18,926
Nov 20153643,54338.792.17$21,798
Oct 20154924,44343.552.43$32,208
Sep 20155274,73142.992.76$35,706
Aug 20155245,05340.162.87$35,559
Jul 20155275,86148.152.95$42,636
Jun 20153542,75256.152.88$27,811
May 20157127,65055.212.96$61,919
Apr 20158849,23249.822.71$69,028
Mar 20155354,51542.892.93$36,196

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.

Feb 2026 — as filed, then multipliedworked
Condensate           173 bbl  × $ 63.50 =    $10,986
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                  $10,986

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/279199 is the state's own key, not one this site invented.