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 222202District 04Field 535182652 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Aug 2006 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
238
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 Gas112007-08-22171666
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
CondensateDisposition3,420 bbl$242,518
GasProduction312,773 Mcf$1,989,441
Total$2,231,960

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 27.2261, -98.5301. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.22608, -98.53009 · 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
Aug 2006
1 of 1 wells

1 well

42-247323673310,700 ftAug 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 (238)

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

238 months

May 20260123106.413.05$375
Apr 2026215798.932.87$648
Mar 2026014389.753.15$450
Feb 2026113963.503.75$585
Jan 2026014359.138.00$1,144
Dec 2025113456.664.41$648
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202502162.743.08$65
Aug 2025314763.933.01$635
Jul 2025210966.743.32$495
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 202422069.612.36$1,531
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 202304071.262.61$104
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202301880.522.67$48
Jul 202303874.852.64$100
Jun 202307068.962.26$158
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 202307672.852.39$182
Feb 202304075.112.47$99
Jan 20230376.533.39$10
Dec 202204376.415.73$246
Nov 202201985.005.65$107
Oct 202202887.185.86$164
Sep 202206084.888.16$490
Aug 2022016794.529.13$1,524
Jul 2022078101.587.54$588
Jun 2022086115.097.98$686
May 2022019109.378.43$160
Apr 2022062104.226.84$424
Mar 2022017108.885.08$86
Feb 202202291.054.86$107
Jan 20220081.844.54$0
Dec 202102271.323.90$86
Nov 202102577.435.24$131
Oct 202104979.795.71$280
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 202102660.362.76$72
Mar 20210661.302.72$16
Feb 202102557.805.55$139
Jan 202101050.412.81$28
Dec 202083844.642.68$459
Nov 202004038.772.71$108
Oct 202017736.972.48$228
Sep 202003637.091.99$72
Aug 202003339.982.39$79
Jul 202005538.371.83$100
Jun 202003934.901.69$66
May 202032016.921.81$87
Apr 202005914.751.80$106
Mar 202017730.341.86$173
Feb 202002249.881.98$44
Jan 202023757.252.09$192
Dec 201904059.012.30$92
Nov 201903255.302.75$88
Oct 201908153.472.42$196
Sep 201902855.052.66$74
Aug 201905753.112.30$131
Jul 201902956.272.46$71
Jun 201906652.782.49$164
May 201904858.482.74$132
Apr 201902462.632.75$66
Mar 201907456.803.06$227
Feb 2019014150.852.79$394
Jan 201906846.033.23$220
Dec 201808546.594.19$356
Nov 2018012152.934.24$513
Oct 201809361.443.40$316
Sep 2018012659.543.11$392
Aug 201806059.403.07$184
Jul 2018010565.142.93$308
Jun 2018011460.183.08$351
May 201807965.382.90$229
Apr 201809263.842.90$267
Mar 201807161.222.79$198
Feb 201809761.782.77$268
Jan 201807562.874.01$301
Dec 2017192757.272.92$1,167
Nov 201707555.423.12$234
Oct 201706949.292.98$206
Sep 201707847.523.09$241
Aug 201704245.373.00$126
Jul 201704243.873.09$130
Jun 201706242.493.09$191
May 201703745.373.26$121
Apr 201704247.933.21$135
Mar 201705946.772.98$176
Feb 201708250.452.95$242
Jan 201707849.413.42$267
Dec 201606348.763.72$235
Nov 201605942.492.64$156
Oct 201605346.193.09$164
Sep 201609741.553.10$301
Aug 201606041.442.92$175
Jul 20160241.622.92$6
Jun 201602245.352.69$59
May 201602842.521.99$56
Apr 201601536.561.99$30
Mar 201603533.011.79$63
Feb 2016552326.472.06$1,503
Jan 201605127.352.36$121
Dec 201503432.362.00$68
Nov 201504938.792.17$106
Oct 201502843.552.43$68
Sep 201503042.992.76$83
Aug 2015019240.162.87$552
Jul 2015028348.152.95$833
Jun 2015034656.152.88$997
May 201504255.212.96$124
Apr 201502749.822.71$73
Mar 20150942.892.93$26
Feb 20158910944.662.98$4,299
Jan 201504843.433.10$149
Dec 20140054.693.59$0
Nov 201409070.464.25$383
Oct 2014018378.303.90$714
Sep 2014014986.164.05$603
Aug 2014016989.394.04$682
Jul 2014013496.564.18$560
Jun 2014014398.164.74$677
May 2014015794.734.73$742
Apr 2014013095.944.81$625
Mar 20148020195.895.06$8,688
Feb 2014020997.406.19$1,294
Jan 2014021590.404.86$1,045
Dec 2013014791.824.35$640
Nov 2013010288.853.74$381
Oct 2013011497.423.78$431
Sep 20130212104.113.72$788
Aug 20130171104.253.52$602
Jul 20130330102.523.72$1,227
Jun 2013010694.403.93$417
May 201310580094.834.15$13,276
Apr 201301,24793.964.28$5,340
Mar 2013024193.623.91$943
Feb 2013027291.233.42$930
Jan 201301,08391.603.42$3,704
Dec 201201,30986.773.42$4,477
Nov 2012019686.953.62$710
Oct 2012075289.383.40$2,557
Sep 201201,62394.672.92$4,737
Aug 2012891,15192.662.91$11,594
Jul 201207985.133.02$239
Jun 201204079.822.52$101
May 201204691.612.49$114
Apr 20120122101.652.00$244
Mar 201201,130105.052.22$2,511
Feb 201201,458101.102.57$3,747
Jan 2012096998.092.73$2,649
Dec 201101,35196.873.24$4,377
Nov 2011962,11195.723.31$16,179
Oct 201101,55584.983.65$5,673
Sep 2011090683.623.99$3,611
Aug 201101,82783.404.15$7,581
Jul 2011085194.144.52$3,844
Jun 201101,11092.904.64$5,150
May 201101,11398.134.40$4,903
Apr 2011481,608105.964.33$12,054
Mar 2011081796.364.06$3,315
Feb 201101,98685.644.18$8,301
Jan 201101,09786.504.59$5,034
Dec 201001,34885.734.35$5,861
Nov 20101431,90680.843.80$18,794
Oct 201001,78078.103.51$6,246
Sep 201002,21772.633.98$8,822
Aug 201001,44173.684.42$6,368
Jul 201001,82972.554.74$8,663
Jun 201002,17570.364.91$10,680
May 201002,64171.124.24$11,185
Apr 20101302,49481.694.12$20,902
Mar 201002,84178.394.39$12,468
Feb 201002,93273.585.44$15,957
Jan 201013,43174.365.96$20,537
Dec 20091083,30871.445.48$25,856
Nov 200903,58474.593.75$13,445
Oct 20091043,29372.544.11$21,079
Sep 200923,66365.543.06$11,357
Aug 200903,74267.423.22$12,044
Jul 20091003,82861.133.46$19,375
Jun 200903,67866.163.90$14,326
May 200903,91154.743.93$15,354
Apr 200904,00846.773.59$14,379
Mar 20091434,02542.144.06$22,364
Feb 200903,44932.814.63$15,979
Jan 200903,74135.865.37$20,093
Dec 2008894,36537.105.98$29,392
Nov 20081334,11355.496.86$35,597
Oct 200814,10675.246.92$28,497
Sep 200804,644101.767.88$36,581
Aug 20081135,105114.228.48$56,213
Jul 20081595,096131.0811.39$78,882
Jun 200805,186131.3313.03$67,587
May 200805,153123.1711.57$59,642
Apr 200825,246110.3110.45$55,067
Mar 200815,844101.909.66$56,579
Feb 20081505,52892.538.77$62,363
Jan 200816,16290.388.21$50,654
Dec 200706,89188.337.30$50,318
Nov 200716,49891.677.29$47,473
Oct 200716,94682.856.92$48,163
Sep 20071126,59575.846.24$49,674
Aug 20071137,08469.066.39$53,056
Jul 200707,04470.906.39$44,997
Jun 20071147,57362.007.55$64,232
May 20072298,21258.747.85$77,885
Apr 200718,14259.617.81$63,610
Mar 20072278,99656.927.30$78,609
Feb 20071138,48455.108.22$75,931
Jan 200729,94150.306.73$66,972
Dec 200634210,50556.656.92$92,053
Nov 2006310,93454.207.62$83,452
Oct 200614311,91254.906.01$79,487
Sep 2006111,60660.085.04$58,522
Aug 2006114,88368.717.34$36,597

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                  123 Mcf  × $  3.05 =       $375

────────────────────────────────────────────────────
Month total                                     $375

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/222202 is the state's own key, not one this site invented.