LIBRE

Operated by BORDERTOWN ENERGY RESOURCES, LLC (P-5 100804) in the LIBRE (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 181308District 04Field 535182652 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.5 M
Jan 2001 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
305
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 43 leases and 43 wells, and the rule below applies to all of them.

Discovered
2001-01-16
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: AOF-1 AND AOF-2 EFFECTIVE 09/01/2001.

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 Gas112003-11-17153730
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
CondensateDisposition34,267 bbl$1,169,195
GasProduction3,374,936 Mcf$17,352,910
Total$18,522,104

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 27.2145, -98.5291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21455, -98.52906 · 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
10,700 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 10,700 ft.

Completions filed
Jan 2001
1 of 1 wells

1 well

42-24732178110,700 ftJan 2001

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 (305)

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

305 months

May 20260448106.413.05$1,365
Apr 2026442898.932.87$1,624
Mar 2026143789.753.15$1,466
Feb 2026130963.503.75$1,222
Jan 2026011659.138.00$928
Dec 2025113756.664.41$661
Nov 2025011358.593.93$444
Oct 2025011059.383.30$364
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 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
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 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230972.852.39$22
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 202034044.642.68$1,518
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200438.371.83$7
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 202016057.252.09$916
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190658.482.74$16
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180265.382.90$6
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201853062.874.01$3,332
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201603641.442.92$105
Jul 201604441.622.92$129
Jun 201607745.352.69$207
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201505138.792.17$111
Oct 201505943.552.43$143
Sep 201509542.992.76$262
Aug 20150040.162.87$0
Jul 201503448.152.95$100
Jun 2015014156.152.88$406
May 201504655.212.96$136
Apr 201505249.822.71$141
Mar 201505442.892.93$158
Feb 20157844.662.98$336
Jan 201531243.433.10$168
Dec 201403754.693.59$133
Nov 201408070.464.25$340
Oct 201411278.303.90$125
Sep 201414386.164.05$260
Aug 2014213089.394.04$703
Jul 201409296.564.18$385
Jun 2014014998.164.74$706
May 201438894.734.73$700
Apr 201405995.944.81$284
Mar 2014036295.895.06$1,831
Feb 2014525497.406.19$2,060
Jan 2014015590.404.86$753
Dec 2013029991.824.35$1,302
Nov 2013053188.853.74$1,985
Oct 201311,07397.423.78$4,153
Sep 201301,328104.113.72$4,937
Aug 20130956104.253.52$3,368
Jul 20131811,538102.523.72$24,274
Jun 201311,77994.403.93$7,092
May 201301,45694.834.15$6,041
Apr 201321,46593.964.28$6,462
Mar 201301,68793.623.91$6,601
Feb 201301,67691.233.42$5,732
Jan 201321,80491.603.42$6,353
Dec 201211,94286.773.42$6,729
Nov 201211,33786.953.62$4,934
Oct 201212,31489.383.40$7,956
Sep 201202,03794.672.92$5,945
Aug 201222,24892.662.91$6,723
Jul 201202,54785.133.02$7,694
Jun 201202,04479.822.52$5,149
May 20121912,09091.612.49$22,698
Apr 201212,363101.652.00$4,820
Mar 201202,142105.052.22$4,760
Feb 201232,214101.102.57$5,994
Jan 201202,57198.092.73$7,029
Dec 201132,41696.873.24$8,118
Nov 201112,30495.723.31$7,725
Oct 201112,17284.983.65$8,010
Sep 201102,28883.623.99$9,120
Aug 201112,57483.404.15$10,764
Jul 201122,78994.144.52$12,787
Jun 201112,69392.904.64$12,588
May 20111942,54898.134.40$30,261
Apr 201112,737105.964.33$11,966
Mar 201142,95796.364.06$12,383
Feb 201102,49085.644.18$10,408
Jan 201103,17486.504.59$14,565
Dec 201013,16685.734.35$13,851
Nov 201002,84180.843.80$10,783
Oct 201013,01478.103.51$10,654
Sep 201003,15972.633.98$12,571
Aug 201003,19773.684.42$14,129
Jul 201013,54272.554.74$16,849
Jun 201053,57070.364.91$17,882
May 201013,41871.124.24$14,547
Apr 201013,56581.694.12$14,779
Mar 201043,96578.394.39$17,715
Feb 201023,74273.585.44$20,512
Jan 201013,99774.365.96$23,913
Dec 20091893,92771.445.48$35,037
Nov 200904,42974.593.75$16,615
Oct 20091874,29872.544.11$31,231
Sep 200924,37665.543.06$13,542
Aug 200924,53867.423.22$14,740
Jul 200904,53061.133.46$15,694
Jun 200904,89066.163.90$19,047
May 200904,90454.743.93$19,252
Apr 200905,07646.773.59$18,210
Mar 2009534,98342.144.06$22,459
Feb 200905,01532.814.63$23,235
Jan 200926,04435.865.37$32,534
Dec 200856,13237.105.98$36,837
Nov 200805,92155.496.86$40,620
Oct 200816,52975.246.92$45,269
Sep 200806,624101.767.88$52,178
Aug 200806,686114.228.48$56,717
Jul 200805,151131.0811.39$58,667
Jun 20082003,025131.3313.03$65,690
May 200816,128123.1711.57$71,050
Apr 200806,414110.3110.45$67,057
Mar 200826,590101.909.66$63,890
Feb 20082566,99892.538.77$85,064
Jan 200847,46490.388.21$61,609
Dec 200707,63388.337.30$55,736
Nov 200708,06891.677.29$58,829
Oct 2007788,18182.856.92$63,091
Sep 20071778,35775.846.24$65,606
Aug 20072028,87869.066.39$70,662
Jul 200759,55870.906.39$61,410
Jun 2007110,18162.007.55$76,913
May 2007610,37958.747.85$81,789
Apr 200719511,18659.617.81$98,933
Mar 2007212,32756.927.30$90,125
Feb 200720011,48555.108.22$105,381
Jan 200719912,96150.306.73$97,196
Dec 200621312,18756.656.92$96,381
Nov 200627,49754.207.62$57,217
Oct 200620014,56454.906.01$98,565
Sep 2006115,86760.085.04$79,985
Aug 2006616,35168.717.34$120,427
Jul 200620018,07469.376.34$128,513
Jun 200620017,60066.286.38$125,612
May 200619619,42466.016.42$137,737
Apr 2006919,25664.397.36$142,313
Mar 200620721,64256.707.08$165,025
Feb 200619017,64957.597.75$147,742
Jan 2006117,87960.598.93$71,052
Dec 20054193,46954.9413.42$69,558
Nov 20051719,06054.6910.59$202,745
Oct 200522922,66558.3413.80$326,041
Sep 20051222,99161.4512.08$278,446
Aug 200520924,61161.519.80$253,966
Jul 20052326,26155.697.84$207,263
Jun 2005426,43552.337.38$195,327
May 200518616,03645.226.65$115,069
Apr 200539221,34049.207.36$176,359
Mar 200559024,86650.377.15$207,632
Feb 2005022,38145.226.31$141,267
Jan 200540525,52843.166.32$178,873
Dec 200422525,41239.866.75$180,527
Nov 200420527,08845.286.33$180,761
Oct 200420729,63949.706.52$203,389
Sep 200439831,60543.245.28$184,207
Aug 20041534,10142.375.55$189,919
Jul 200460630,51638.286.08$208,863
Jun 200441626,21036.106.43$183,627
May 200434931,23237.486.49$215,919
Apr 200419832,42834.475.86$196,803
Mar 200477234,52834.365.53$217,471
Feb 200440631,53632.455.51$186,926
Jan 200434935,90232.036.30$237,348
Dec 200339038,01330.266.30$251,346
Nov 200359037,14428.804.60$187,675
Oct 200338741,54428.174.76$208,636
Sep 200378641,25026.314.75$216,591
Aug 200321840,15829.765.13$212,487
Jul 200321942,98729.415.17$228,720
Jun 200379844,37728.565.98$288,297
May 200337747,70826.595.97$294,969
Apr 200360432,81026.675.41$193,522
Mar 20032538,46031.146.10$235,232
Feb 200342334,42933.487.93$287,042
Jan 200383042,75830.315.58$263,834
Dec 200240642,75426.914.85$218,443
Nov 200220243,02124.664.14$182,957
Oct 200259344,69226.464.23$204,699
Sep 200240346,50827.443.64$180,124
Aug 200258946,86525.963.16$163,579
Jul 200259853,76524.583.06$179,314
Jun 200238345,62823.733.34$161,406
May 200237151,28224.663.58$192,944
Apr 200256253,07323.653.51$199,701
Mar 200273057,90222.003.10$195,714
Feb 200254258,20818.222.38$148,159
Jan 200270768,26617.172.38$174,317
Dec 200176170,36316.932.36$179,250
Nov 200192664,88618.072.41$172,817
Oct 200166865,76419.782.53$179,522
Sep 200190285,42724.262.25$214,206
Aug 20011,09387,99624.873.05$295,849
Jul 20011,08893,31823.933.20$324,381
Jun 20011,07592,72224.563.82$380,986
May 2001964110,76125.524.31$501,684
Apr 20011,093119,50124.685.34$664,551
Mar 20011,467113,93324.545.38$648,554
Feb 20011,073123,46427.755.77$741,803
Jan 200164471,45527.478.40$617,824

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  448 Mcf  × $  3.05 =     $1,365

────────────────────────────────────────────────────
Month total                                   $1,365

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. 04/G/181308 is the state's own key, not one this site invented.