LIBRE EAST

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 221278District 04Field 535182652 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jun 2006 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
240
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 Gas112006-11-30170289
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
CondensateDisposition3,795 bbl$252,797
GasProduction296,274 Mcf$1,767,324
Total$2,020,121

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 27.2426, -98.5280. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.24262, -98.52798 · 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
10,758 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 10,758 ft.

Completions filed
Jun 2006
1 of 1 wells

1 well

42-24732364910,758 ftJun 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 (240)

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

240 months

May 20260284106.413.05$865
Apr 2026329698.932.87$1,146
Mar 2026129789.753.15$1,025
Feb 2026131063.503.75$1,226
Jan 2026132759.138.00$2,674
Dec 2025235556.664.41$1,680
Nov 2025333958.593.93$1,507
Oct 2025442259.383.30$1,632
Sep 2025040162.743.08$1,234
Aug 20251250063.933.01$2,275
Jul 20251669866.743.32$3,382
Jun 2025281,29866.483.13$5,923
May 20250060.553.23$0
Apr 202580062.363.54$4,989
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 20230785.443.09$22
Sep 202306389.042.74$172
Aug 2023015980.522.67$425
Jul 2023022574.852.64$594
Jun 2023014368.962.26$323
May 2023015270.622.23$339
Apr 2023010978.122.24$244
Mar 2023018872.852.39$450
Feb 2023017375.112.47$427
Jan 202307176.533.39$241
Dec 2022017476.415.73$997
Nov 2022013085.005.65$734
Oct 2022018287.185.86$1,067
Sep 2022017684.888.16$1,437
Aug 2022016094.529.13$1,460
Jul 20220308101.587.54$2,323
Jun 202209115.097.98$72
May 2022049109.378.43$413
Apr 20220319104.226.84$2,181
Mar 20220387108.885.08$1,965
Feb 2022029791.054.86$1,443
Jan 2022064381.844.54$2,918
Dec 202112516071.323.90$9,539
Nov 2021013377.435.24$697
Oct 2021073179.795.71$4,177
Sep 2021012569.865.35$669
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202109863.483.02$296
Apr 2021036160.362.76$996
Mar 2021039661.302.72$1,076
Feb 2021031757.805.55$1,759
Jan 2021043750.412.81$1,228
Dec 20203630044.642.68$2,410
Nov 2020343038.772.71$1,280
Oct 2020650036.972.48$1,461
Sep 2020540437.091.99$990
Aug 2020238739.982.39$1,003
Jul 2020342938.371.83$898
Jun 2020347034.901.69$899
May 2020346216.921.81$889
Apr 2020340414.751.80$773
Mar 2020647930.341.86$1,071
Feb 2020348049.881.98$1,100
Jan 20203844957.252.09$3,116
Dec 2019048659.012.30$1,120
Nov 2019045655.302.75$1,254
Oct 2019050953.472.42$1,231
Sep 2019055655.052.66$1,477
Aug 2019049753.112.30$1,145
Jul 2019057456.272.46$1,412
Jun 2019053852.782.49$1,340
May 2019050158.482.74$1,373
Apr 2019038762.632.75$1,065
Mar 2019037656.803.06$1,151
Feb 2019039750.852.79$1,109
Jan 2019036446.033.23$1,175
Dec 2018043646.594.19$1,825
Nov 2018042952.934.24$1,818
Oct 2018049261.443.40$1,672
Sep 2018040559.543.11$1,259
Aug 2018040759.403.07$1,248
Jul 2018041165.142.93$1,205
Jun 2018046260.183.08$1,422
May 2018039965.382.90$1,157
Apr 2018045363.842.90$1,314
Mar 2018032761.222.79$911
Feb 2018029461.782.77$813
Jan 2018038862.874.01$1,556
Dec 2017037157.272.92$1,084
Nov 2017037155.423.12$1,157
Oct 2017051049.292.98$1,522
Sep 2017055047.523.09$1,698
Aug 2017051745.373.00$1,553
Jul 201710454543.873.09$6,245
Jun 2017049242.493.09$1,519
May 2017065545.373.26$2,138
Apr 2017054647.933.21$1,754
Mar 2017057346.772.98$1,710
Feb 2017055550.452.95$1,639
Jan 2017062549.413.42$2,137
Dec 2016061348.763.72$2,282
Nov 2016044142.492.64$1,166
Oct 2016053646.193.09$1,656
Sep 2016057641.553.10$1,786
Aug 2016052441.442.92$1,532
Jul 2016050641.622.92$1,480
Jun 2016053345.352.69$1,432
May 2016065042.521.99$1,294
Apr 2016056136.561.99$1,117
Mar 2016056833.011.79$1,019
Feb 2016050726.472.06$1,046
Jan 2016056527.352.36$1,336
Dec 2015077532.362.00$1,551
Nov 2015055538.792.17$1,203
Oct 2015065243.552.43$1,582
Sep 2015059942.992.76$1,652
Aug 2015065940.162.87$1,893
Jul 2015070448.152.95$2,073
Jun 2015064956.152.88$1,871
May 2015070955.212.96$2,095
Apr 201512968549.822.71$8,281
Mar 2015072142.892.93$2,116
Feb 2015244244.662.98$1,405
Jan 2015055543.433.10$1,721
Dec 2014050054.693.59$1,796
Nov 2014051270.464.25$2,177
Oct 2014050978.303.90$1,986
Sep 2014050786.164.05$2,051
Aug 2014057289.394.04$2,308
Jul 2014055896.564.18$2,332
Jun 2014347898.164.74$2,559
May 2014045794.734.73$2,160
Apr 2014045095.944.81$2,164
Mar 2014060795.895.06$3,069
Feb 2014550297.406.19$3,595
Jan 2014052590.404.86$2,552
Dec 2013056991.824.35$2,478
Nov 2013054888.853.74$2,049
Oct 2013169197.423.78$2,709
Sep 20130572104.113.72$2,127
Aug 20130630104.253.52$2,219
Jul 2013111629102.523.72$13,718
Jun 2013067894.403.93$2,667
May 2013158694.834.15$2,526
Apr 2013070093.964.28$2,998
Mar 2013079793.623.91$3,119
Feb 2013070891.233.42$2,421
Jan 2013068491.603.42$2,339
Dec 2012081986.773.42$2,801
Nov 2012175486.953.62$2,820
Oct 2012186189.383.40$3,017
Sep 2012083494.672.92$2,434
Aug 2012071192.662.91$2,068
Jul 2012080885.133.02$2,441
Jun 2012079979.822.52$2,013
May 2012090191.612.49$2,242
Apr 20120842101.652.00$1,681
Mar 201297977105.052.22$12,361
Feb 20120858101.102.57$2,205
Jan 2012178798.092.73$2,250
Dec 2011096496.873.24$3,123
Nov 2011076395.723.31$2,527
Oct 2011098684.983.65$3,597
Sep 2011084983.623.99$3,384
Aug 2011096783.404.15$4,012
Jul 20119793294.144.52$13,342
Jun 2011091292.904.64$4,232
May 2011084398.134.40$3,713
Apr 20110853105.964.33$3,696
Mar 2011085296.364.06$3,457
Feb 2011081185.644.18$3,390
Jan 201111,03386.504.59$4,827
Dec 201001,02685.734.35$4,461
Nov 201001,03580.843.80$3,928
Oct 2010093178.103.51$3,267
Sep 20109293172.633.98$10,387
Aug 201001,04773.684.42$4,627
Jul 2010088872.554.74$4,206
Jun 2010961,01870.364.91$11,753
May 201001,12071.124.24$4,743
Apr 201001,07681.694.12$4,436
Mar 201001,03078.394.39$4,520
Feb 2010096173.585.44$5,230
Jan 201041,06174.365.96$6,625
Dec 200901,28171.445.48$7,025
Nov 200901,24474.593.75$4,667
Oct 200901,25272.544.11$5,146
Sep 200911,17565.543.06$3,667
Aug 200911,22667.423.22$4,013
Jul 200901,26761.133.46$4,390
Jun 2009951,27266.163.90$11,240
May 2009451,26054.743.93$7,410
Apr 200901,26946.773.59$4,553
Mar 2009961,18742.144.06$8,863
Feb 200911,08032.814.63$5,036
Jan 2009991,31835.865.37$10,629
Dec 200811,53037.105.98$9,182
Nov 200821,36555.496.86$9,475
Oct 200811,59275.246.92$11,095
Sep 20081221,663101.767.88$25,514
Aug 200811,667114.228.48$14,255
Jul 200801,690131.0811.39$19,248
Jun 200831,868131.3313.03$24,739
May 200803,894123.1711.57$45,070
Apr 200805,063110.3110.45$52,933
Mar 200815,176101.909.66$50,123
Feb 200804,75592.538.77$41,704
Jan 200814,77190.388.21$39,240
Dec 20071695,63388.337.30$56,060
Nov 200715,94491.677.29$43,434
Oct 200716,29182.856.92$43,629
Sep 2007785,93875.846.24$42,993
Aug 20071897,13569.066.39$58,630
Jul 200727,03870.906.39$45,100
Jun 20071976,80362.007.55$63,566
May 200727,49558.747.85$58,925
Apr 200727,28759.617.81$56,996
Mar 20071827,80756.927.30$67,366
Feb 200708,63655.108.22$70,953
Jan 20072119,05850.306.73$71,545
Dec 20062029,35856.656.92$76,186
Nov 200629,57154.207.62$73,015
Oct 200618410,06754.906.01$70,643
Sep 200617,83560.085.04$39,527
Aug 20063659,36368.717.34$93,803
Jul 200639710,91269.376.34$96,752
Jun 200678,68766.286.38$55,921

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                  284 Mcf  × $  3.05 =       $865

────────────────────────────────────────────────────
Month total                                     $865

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/221278 is the state's own key, not one this site invented.