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 221540District 04Field 535182652 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jul 2006 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
239
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 Gas112007-08-22171664
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
CondensateDisposition6,821 bbl$532,149
GasProduction261,459 Mcf$1,459,500
Total$1,991,650

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 27.2114, -98.5274. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.21145, -98.52736 · 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
Jul 2006
1 of 1 wells

1 well

42-247323653210,700 ftJul 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 (239)

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

239 months

May 20260334106.413.05$1,017
Apr 2026333698.932.87$1,261
Mar 2026129089.753.15$1,003
Feb 2026339863.503.75$1,683
Jan 2026233059.138.00$2,758
Dec 2025245656.664.41$2,126
Nov 2025338258.593.93$1,676
Oct 2025223859.383.30$905
Sep 2025042662.743.08$1,311
Aug 2025625063.933.01$1,137
Jul 2025628266.743.32$1,335
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 20242069.612.36$139
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 202303089.042.74$82
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 20230376.533.39$10
Dec 20220076.415.73$0
Nov 20220485.005.65$23
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 20220181.844.54$5
Dec 20210171.323.90$4
Nov 20210177.435.24$5
Oct 202101279.795.71$69
Sep 202101869.865.35$96
Aug 202104066.024.22$169
Jul 202102870.783.98$112
Jun 202106569.493.38$220
May 202103663.483.02$109
Apr 2021016760.362.76$461
Mar 202118326261.302.72$11,930
Feb 2021014257.805.55$788
Jan 2021023750.412.81$666
Dec 2020019244.642.68$514
Nov 2020328238.772.71$880
Oct 2020435336.972.48$1,023
Sep 2020431537.091.99$776
Aug 2020225739.982.39$693
Jul 2020225938.371.83$549
Jun 2020228234.901.69$546
May 2020232016.921.81$615
Apr 2020226214.751.80$502
Mar 2020430930.341.86$695
Feb 2020230049.881.98$694
Jan 2020038857.252.09$813
Dec 2019036459.012.30$839
Nov 2019036755.302.75$1,010
Oct 2019044253.472.42$1,069
Sep 2019049855.052.66$1,323
Aug 2019037553.112.30$864
Jul 2019043456.272.46$1,068
Jun 2019035052.782.49$872
May 2019044258.482.74$1,211
Apr 2019034062.632.75$935
Mar 2019031356.803.06$958
Feb 2019043650.852.79$1,217
Jan 2019059746.033.23$1,927
Dec 2018048846.594.19$2,042
Nov 2018050852.934.24$2,153
Oct 2018048461.443.40$1,645
Sep 2018046959.543.11$1,458
Aug 2018049159.403.07$1,506
Jul 2018040365.142.93$1,182
Jun 2018042060.183.08$1,292
May 2018043865.382.90$1,271
Apr 2018047363.842.90$1,372
Mar 2018040961.222.79$1,140
Feb 2018044161.782.77$1,220
Jan 2018062162.874.01$2,490
Dec 2017067457.272.92$1,969
Nov 2017073155.423.12$2,280
Oct 2017068549.292.98$2,044
Sep 2017043547.523.09$1,343
Aug 2017055345.373.00$1,661
Jul 2017033243.873.09$1,025
Jun 2017036142.493.09$1,115
May 2017041345.373.26$1,348
Apr 2017028847.933.21$925
Mar 2017043446.772.98$1,295
Feb 2017043850.452.95$1,293
Jan 2017050649.413.42$1,730
Dec 2016059048.763.72$2,196
Nov 2016044342.492.64$1,171
Oct 2016075746.193.09$2,339
Sep 2016076941.553.10$2,384
Aug 2016066941.442.92$1,956
Jul 2016068541.622.92$2,003
Jun 2016051545.352.69$1,383
May 2016060142.521.99$1,197
Apr 2016054536.561.99$1,085
Mar 2016053633.011.79$962
Feb 2016062026.472.06$1,279
Jan 2016073827.352.36$1,745
Dec 2015077332.362.00$1,547
Nov 2015058138.792.17$1,259
Oct 2015077243.552.43$1,873
Sep 2015078542.992.76$2,165
Aug 2015090740.162.87$2,605
Jul 2015069348.152.95$2,041
Jun 2015063556.152.88$1,831
May 2015060355.212.96$1,782
Apr 2015074649.822.71$2,019
Mar 201518798942.892.93$10,923
Feb 2015228244.662.98$929
Jan 201501,01643.433.10$3,150
Dec 201401,26354.693.59$4,536
Nov 2014092970.464.25$3,950
Oct 201401,00878.303.90$3,932
Sep 201401,27386.164.05$5,150
Aug 201401,52889.394.04$6,166
Jul 201401,03396.564.18$4,318
Jun 201401,08498.164.74$5,135
May 20141871,03494.734.73$22,602
Apr 2014089395.944.81$4,295
Mar 201401,12595.895.06$5,689
Feb 2014090697.406.19$5,610
Jan 201401,07290.404.86$5,211
Dec 201301,03091.824.35$4,485
Nov 2013084788.853.74$3,166
Oct 201301,10597.423.78$4,176
Sep 20130655104.113.72$2,435
Aug 20130827104.253.52$2,913
Jul 20130946102.523.72$3,517
Jun 2013084194.403.93$3,308
May 201311,01894.834.15$4,319
Apr 201311,07793.964.28$4,706
Mar 201301,11793.623.91$4,371
Feb 201312588191.233.42$14,417
Jan 2013089691.603.42$3,064
Dec 201201,17086.773.42$4,002
Nov 201201,22586.953.62$4,441
Oct 201201,11089.383.40$3,774
Sep 201201,03794.672.92$3,026
Aug 2012092192.662.91$2,678
Jul 20121831,17585.133.02$19,128
Jun 2012075779.822.52$1,907
May 2012095891.612.49$2,384
Apr 2012183954101.652.00$20,507
Mar 20120963105.052.22$2,140
Feb 201201,155101.102.57$2,969
Jan 201201,11098.092.73$3,035
Dec 20111811,37296.873.24$21,978
Nov 201101,11595.723.31$3,692
Oct 201101,01384.983.65$3,696
Sep 201101,18283.623.99$4,711
Aug 2011088283.404.15$3,660
Jul 2011094694.144.52$4,273
Jun 2011098092.904.64$4,547
May 20111821,00998.134.40$22,304
Apr 201101,094105.964.33$4,741
Mar 20111721,32796.364.06$21,958
Feb 201101,23085.644.18$5,141
Jan 20111971,27286.504.59$22,877
Dec 201001,63485.734.35$7,104
Nov 20103701,30380.843.80$34,856
Oct 20101751,38478.103.51$18,524
Sep 201001,11472.633.98$4,433
Aug 201001,30473.684.42$5,763
Jul 20101751,48172.554.74$19,711
Jun 20101811,35570.364.91$19,389
May 201001,76971.124.24$7,492
Apr 20103601,80981.694.12$36,866
Mar 201001,26978.394.39$5,569
Feb 20101861,43573.585.44$21,496
Jan 20103681,80074.365.96$38,100
Dec 200911,69071.445.48$9,339
Nov 200911,84474.593.75$6,992
Oct 200902,30172.544.11$9,458
Sep 200911,64265.543.06$5,098
Aug 20091901,59367.423.22$17,937
Jul 20091952,20361.133.46$19,553
Jun 200912,08866.163.90$8,199
May 200902,40654.743.93$9,445
Apr 200901,86246.773.59$6,680
Mar 20091842,11942.144.06$16,355
Feb 200901,38732.814.63$6,426
Jan 200932,31635.865.37$12,547
Dec 20081952,59237.105.98$22,727
Nov 200812,39755.496.86$16,500
Oct 200812,53575.246.92$17,622
Sep 200802,743101.767.88$21,607
Aug 200802,892114.228.48$24,533
Jul 20083832,822131.0811.39$82,345
Jun 200812,819131.3313.03$36,870
May 200802,983123.1711.57$34,526
Apr 20082473,064110.3110.45$59,280
Mar 200803,308101.909.66$31,969
Feb 200813,23692.538.77$28,474
Jan 20083803,65990.388.21$64,369
Dec 200704,02288.337.30$29,369
Nov 200713,78791.677.29$27,705
Oct 2007644,19382.856.92$34,326
Sep 20071864,17475.846.24$40,169
Aug 200704,43969.066.39$28,356
Jul 20071854,64570.906.39$42,788
Jun 20071874,92962.007.55$48,800
May 20071845,09758.747.85$50,801
Apr 200715,33159.617.81$41,669
Mar 200705,80056.927.30$42,351
Feb 20071225,56555.108.22$52,444
Jan 20071946,41150.306.73$52,884
Dec 200617,00656.656.92$48,527
Nov 200654,41154.207.62$33,872
Oct 20062476,65054.906.01$53,552
Sep 200607,42660.085.04$37,406
Aug 200608,00968.717.34$58,785
Jul 200632,07069.376.34$13,338

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                  334 Mcf  × $  3.05 =     $1,017

────────────────────────────────────────────────────
Month total                                   $1,017

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/221540 is the state's own key, not one this site invented.