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 218281District 04Field 535182652 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Mar 2006 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
243
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 Gas112006-09-25168937
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
CondensateDisposition11,822 bbl$766,979
GasProduction1,010,182 Mcf$6,401,405
Total$7,168,384

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 27.2206, -98.5275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.22064, -98.52753 · 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
Mar 2006
1 of 1 wells

1 well

42-247323525R10,700 ftMar 2006

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 (243)

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

243 months

May 20260474106.413.05$1,444
Apr 2026544698.932.87$1,775
Mar 2026252889.753.15$1,842
Feb 2026244263.503.75$1,785
Jan 2026010959.138.00$872
Dec 20250956.664.41$40
Nov 20250058.593.93$0
Oct 202517059.383.30$291
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 20245069.612.36$348
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 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202201076.415.73$57
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022020084.888.16$1,633
Aug 2022032594.529.13$2,966
Jul 202200101.587.54$0
Jun 20220195115.097.98$1,556
May 20220173109.378.43$1,459
Apr 20220113104.226.84$773
Mar 202205108.885.08$25
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210177.435.24$5
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 2021010563.483.02$317
Apr 20210160.362.76$3
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 202101450.412.81$39
Dec 20201044.642.68$45
Nov 20200038.772.71$0
Oct 202015836.972.48$181
Sep 20200837.091.99$16
Aug 20200039.982.39$0
Jul 20200138.371.83$2
Jun 20200034.901.69$0
May 202001216.921.81$22
Apr 20200814.751.80$14
Mar 2020218730.341.86$408
Feb 202007449.881.98$147
Jan 202017357.252.09$210
Dec 2019012559.012.30$288
Nov 201903655.302.75$99
Oct 201904153.472.42$99
Sep 201903455.052.66$90
Aug 20190053.112.30$0
Jul 201903056.272.46$74
Jun 20190052.782.49$0
May 201907258.482.74$197
Apr 20190062.632.75$0
Mar 201906856.803.06$208
Feb 2019014550.852.79$405
Jan 20190246.033.23$6
Dec 20180246.594.19$8
Nov 20180752.934.24$30
Oct 20180261.443.40$7
Sep 20180359.543.11$9
Aug 201806059.403.07$184
Jul 201803065.142.93$88
Jun 2018015460.183.08$474
May 2018010865.382.90$313
Apr 201808363.842.90$241
Mar 201801161.222.79$31
Feb 201801161.782.77$30
Jan 2018014062.874.01$561
Dec 201703757.272.92$108
Nov 201703555.423.12$109
Oct 201702349.292.98$69
Sep 201702147.523.09$65
Aug 2017017345.373.00$520
Jul 201708043.873.09$247
Jun 2017079242.493.09$2,445
May 2017075745.373.26$2,470
Apr 20178668747.933.21$6,328
Mar 201701,11846.772.98$3,336
Feb 2017017950.452.95$529
Jan 2017017649.413.42$602
Dec 2016016548.763.72$614
Nov 201609442.492.64$249
Oct 2016015046.193.09$464
Sep 2016015241.553.10$471
Aug 2016014741.442.92$430
Jul 2016016541.622.92$483
Jun 2016017145.352.69$459
May 2016025842.521.99$514
Apr 2016015536.561.99$309
Mar 2016022133.011.79$396
Feb 2016015326.472.06$316
Jan 2016016827.352.36$397
Dec 2015043732.362.00$875
Nov 2015094338.792.17$2,044
Oct 201501,14143.552.43$2,769
Sep 2015098042.992.76$2,703
Aug 201501,21840.162.87$3,499
Jul 2015099248.152.95$2,922
Jun 201501,03456.152.88$2,981
May 201501,49555.212.96$4,418
Apr 201501,54149.822.71$4,171
Mar 201501,41042.892.93$4,138
Feb 2015057144.662.98$1,699
Jan 20151341,04043.433.10$9,044
Dec 201421,15654.693.59$4,261
Nov 201411,54070.464.25$6,618
Oct 201421,07878.303.90$4,362
Sep 201401,21486.164.05$4,911
Aug 201421,35389.394.04$5,638
Jul 201431,30396.564.18$5,736
Jun 201401,44498.164.74$6,840
May 201401,38394.734.73$6,537
Apr 201421,48495.944.81$7,329
Mar 201401,36195.895.06$6,882
Feb 201401,25297.406.19$7,752
Jan 20141181,54190.404.86$18,158
Dec 201301,48691.824.35$6,471
Nov 201301,70288.853.74$6,363
Oct 201301,83797.423.78$6,943
Sep 201301,421104.113.72$5,283
Aug 201301,590104.253.52$5,601
Jul 201301,743102.523.72$6,480
Jun 201302,15594.403.93$8,477
May 2013991,82994.834.15$16,977
Apr 201301,99293.964.28$8,531
Mar 201302,15293.623.91$8,421
Feb 201302,24691.233.42$7,681
Jan 201312,46091.603.42$8,505
Dec 201202,01186.773.42$6,878
Nov 201202,27186.953.62$8,232
Oct 2012982,63789.383.40$17,724
Sep 201202,48294.672.92$7,243
Aug 201203,16292.662.91$9,196
Jul 201203,70085.133.02$11,177
Jun 20121033,51979.822.52$17,086
May 201203,99591.612.49$9,941
Apr 201203,280101.652.00$6,550
Mar 201202,906105.052.22$6,457
Feb 201202,636101.102.57$6,775
Jan 20121623,05198.092.73$24,232
Dec 201102,92696.873.24$9,479
Nov 201103,85295.723.31$12,755
Oct 201103,99884.983.65$14,587
Sep 201103,73983.623.99$14,903
Aug 201104,39283.404.15$18,224
Jul 201103,77094.144.52$17,030
Jun 201104,01692.904.64$18,634
May 20111144,32198.134.40$30,220
Apr 201104,201105.964.33$18,204
Mar 201104,43696.364.06$17,998
Feb 201103,83685.644.18$16,034
Jan 201104,89086.504.59$22,439
Dec 20101464,80485.734.35$33,403
Nov 201005,19180.843.80$19,702
Oct 201005,23078.103.51$18,351
Sep 201005,14472.633.98$20,470
Aug 201005,95073.684.42$26,295
Jul 201006,07772.554.74$28,784
Jun 20101325,89270.364.91$38,220
May 201006,53771.124.24$27,686
Apr 201006,51481.694.12$26,855
Mar 20101206,88978.394.39$39,640
Feb 201006,94573.585.44$37,797
Jan 20101401,40674.365.96$18,796
Dec 200902,10971.445.48$11,565
Nov 200904,03074.593.75$15,119
Oct 20091187,77472.544.11$40,513
Sep 200919,11465.543.06$27,998
Aug 2009010,53767.423.22$33,913
Jul 20091576,61161.133.46$32,501
Jun 200907,83166.163.90$30,502
May 2009010,65154.743.93$41,813
Apr 2009754,47546.773.59$19,562
Mar 2009907,31242.144.06$33,472
Feb 200929,66332.814.63$44,834
Jan 200907,01035.865.37$37,651
Dec 20089610,59337.105.98$66,877
Nov 200814211,01455.496.86$83,440
Oct 2008110,67575.246.92$73,967
Sep 2008013,786101.767.88$108,594
Aug 200804,922114.228.48$41,753
Jul 2008111,817131.0811.39$134,720
Jun 2008113,232131.3313.03$172,579
May 2008011,962123.1711.57$138,452
Apr 2008111,758110.3110.45$123,039
Mar 200819916,595101.909.66$180,653
Feb 200810413,55392.538.77$128,491
Jan 200820112,93590.388.21$124,308
Dec 200722313,01388.337.30$114,718
Nov 2007114,49391.677.29$105,770
Oct 200712314,02982.856.92$107,299
Sep 200718815,38675.846.24$110,331
Aug 200728016,67769.066.39$125,868
Jul 200730218,02070.906.39$136,522
Jun 200729819,80762.007.55$167,988
May 200747821,30358.747.85$195,227
Apr 200759323,17359.617.81$216,219
Mar 200759427,39056.927.30$233,811
Feb 200739025,87955.108.22$234,111
Jan 200761032,74550.306.73$250,954
Dec 200660131,67356.656.92$253,174
Nov 200694525,60054.207.62$246,226
Oct 200658727,73654.906.01$199,025
Sep 200636827,83260.085.04$162,305
Aug 200638830,70068.717.34$251,995
Jul 200639534,00069.376.34$243,055
Jun 200658835,70666.286.38$266,915
May 200658341,54966.016.42$305,436
Apr 200658746,26664.397.36$378,337
Mar 20062624,23456.707.08$173,122

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                  474 Mcf  × $  3.05 =     $1,444

────────────────────────────────────────────────────
Month total                                   $1,444

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/218281 is the state's own key, not one this site invented.