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 230017District 04Field 535182652 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
May 2007 – May 2026
Value, last 12 filed months
$64
at the published price for each month
Months reported
229
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 Gas112007-10-19176197
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
CondensateDisposition3,264 bbl$240,278
GasProduction287,406 Mcf$1,725,554
Total$1,965,832

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 27.2345, -98.5225. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.23451, -98.52250 · 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
10,800 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 10,800 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-247323902510,800 ftMay 2007

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 (229)

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

229 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260859.138.00$64
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
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 202568062.363.54$4,240
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 20244069.612.36$278
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 202301671.262.61$42
Nov 20230077.892.81$0
Oct 2023015585.443.09$479
Sep 202302789.042.74$74
Aug 202304080.522.67$107
Jul 2023012074.852.64$317
Jun 2023011068.962.26$248
May 2023033070.622.23$735
Apr 202307678.122.24$170
Mar 2023020472.852.39$488
Feb 2023049575.112.47$1,221
Jan 202302576.533.39$85
Dec 20220876.415.73$46
Nov 202204585.005.65$254
Oct 2022023487.185.86$1,372
Sep 2022019484.888.16$1,584
Aug 202209594.529.13$867
Jul 20220135101.587.54$1,018
Jun 20220361115.097.98$2,880
May 20220359109.378.43$3,027
Apr 2022062104.226.84$424
Mar 20220429108.885.08$2,178
Feb 202204391.054.86$209
Jan 202205881.844.54$263
Dec 2021040571.323.90$1,579
Nov 202106177.435.24$319
Oct 2021037679.795.71$2,148
Sep 2021010969.865.35$583
Aug 202109466.024.22$397
Jul 2021028670.783.98$1,139
Jun 20210369.493.38$10
May 202101463.483.02$42
Apr 202106860.362.76$188
Mar 2021035861.302.72$973
Feb 2021033157.805.55$1,836
Jan 2021013350.412.81$374
Dec 2020930544.642.68$1,218
Nov 202004338.772.71$116
Oct 2020432836.972.48$961
Sep 202002037.091.99$40
Aug 2020340439.982.39$1,084
Jul 2020236938.371.83$750
Jun 2020345434.901.69$872
May 2020228916.921.81$558
Apr 2020348414.751.80$918
Mar 202017330.341.86$166
Feb 2020229049.881.98$674
Jan 2020038557.252.09$806
Dec 2019033159.012.30$763
Nov 2019032455.302.75$891
Oct 2019038353.472.42$926
Sep 2019010455.052.66$276
Aug 201904953.112.30$113
Jul 2019028956.272.46$711
Jun 20190052.782.49$0
May 2019036058.482.74$987
Apr 2019010662.632.75$292
Mar 2019029756.803.06$909
Feb 2019037650.852.79$1,050
Jan 201907546.033.23$242
Dec 201809546.594.19$398
Nov 2018034852.934.24$1,475
Oct 2018012961.443.40$438
Sep 2018037459.543.11$1,162
Aug 2018035159.403.07$1,076
Jul 2018061065.142.93$1,788
Jun 2018015860.183.08$486
May 2018011765.382.90$339
Apr 2018038463.842.90$1,114
Mar 2018038661.222.79$1,076
Feb 2018027261.782.77$752
Jan 2018056062.874.01$2,245
Dec 2017039157.272.92$1,142
Nov 2017045455.423.12$1,416
Oct 2017041849.292.98$1,247
Sep 2017032647.523.09$1,006
Aug 2017040945.373.00$1,229
Jul 2017024843.873.09$766
Jun 2017048742.493.09$1,504
May 2017033545.373.26$1,093
Apr 20179031047.933.21$5,309
Mar 2017044546.772.98$1,328
Feb 2017016650.452.95$490
Jan 2017055649.413.42$1,901
Dec 2016042048.763.72$1,564
Nov 2016048342.492.64$1,277
Oct 2016036846.193.09$1,137
Sep 2016038441.553.10$1,191
Aug 2016066941.442.92$1,956
Jul 2016065041.622.92$1,901
Jun 2016041345.352.69$1,109
May 2016077142.521.99$1,535
Apr 2016045736.561.99$910
Mar 2016058633.011.79$1,051
Feb 2016065926.472.06$1,360
Jan 2016035227.352.36$832
Dec 2015051332.362.00$1,027
Nov 2015057538.792.17$1,246
Oct 2015065743.552.43$1,594
Sep 2015077542.992.76$2,138
Aug 2015056540.162.87$1,623
Jul 2015050048.152.95$1,473
Jun 2015071556.152.88$2,061
May 2015022255.212.96$656
Apr 2015055849.822.71$1,510
Mar 2015064442.892.93$1,890
Feb 2015013644.662.98$405
Jan 20156652543.433.10$4,494
Dec 2014061054.693.59$2,191
Nov 2014042970.464.25$1,824
Oct 2014027778.303.90$1,081
Sep 2014052286.164.05$2,112
Aug 2014040489.394.04$1,630
Jul 2014056296.564.18$2,349
Jun 2014049498.164.74$2,340
May 2014047794.734.73$2,255
Apr 2014041495.944.81$1,991
Mar 2014078195.895.06$3,949
Feb 2014032697.406.19$2,019
Jan 20146481890.404.86$9,762
Dec 2013049291.824.35$2,142
Nov 2013054888.853.74$2,049
Oct 2013081797.423.78$3,088
Sep 20130689104.113.72$2,562
Aug 20130655104.253.52$2,307
Jul 201301,056102.523.72$3,926
Jun 201301,10094.403.93$4,327
May 2013871,21194.834.15$13,275
Apr 2013033093.964.28$1,413
Mar 2013075093.623.91$2,935
Feb 201301,00891.233.42$3,447
Jan 2013073791.603.42$2,520
Dec 201201,12386.773.42$3,841
Nov 2012078586.953.62$2,846
Oct 20127373989.383.40$9,037
Sep 201201,05594.672.92$3,079
Aug 201201,07192.662.91$3,115
Jul 201201,21785.133.02$3,676
Jun 20128292479.822.52$8,873
May 201201,31491.612.49$3,270
Apr 201201,189101.652.00$2,374
Mar 201201,015105.052.22$2,255
Feb 20120999101.102.57$2,568
Jan 2012321,21198.092.73$6,450
Dec 201101,07396.873.24$3,476
Nov 2011077795.723.31$2,573
Oct 201101,20484.983.65$4,393
Sep 201101,19383.623.99$4,755
Aug 201101,60483.404.15$6,656
Jul 2011095094.144.52$4,291
Jun 201101,25492.904.64$5,818
May 2011551,09198.134.40$10,203
Apr 201101,235105.964.33$5,352
Mar 201101,39296.364.06$5,648
Feb 201101,08085.644.18$4,514
Jan 201101,48186.504.59$6,796
Dec 2010471,09685.734.35$8,794
Nov 201001,16780.843.80$4,429
Oct 201001,35778.103.51$4,762
Sep 201001,45972.633.98$5,806
Aug 201001,91773.684.42$8,472
Jul 201001,73672.554.74$8,223
Jun 2010531,52770.364.91$11,227
May 201001,68471.124.24$7,132
Apr 201001,64281.694.12$6,769
Mar 2010691,96178.394.39$14,015
Feb 201001,86673.585.44$10,155
Jan 2010502,23474.365.96$17,042
Dec 200903,01271.445.48$16,517
Nov 200901,75474.593.75$6,580
Oct 2009682,12272.544.11$13,655
Sep 200912,75865.543.06$8,518
Aug 200902,47867.423.22$7,975
Jul 2009451,57961.133.46$8,221
Jun 200902,43666.163.90$9,488
May 200902,54054.743.93$9,971
Apr 2009332,03346.773.59$8,837
Mar 2009872,04642.144.06$11,971
Feb 200902,69432.814.63$12,481
Jan 200902,43935.865.37$13,100
Dec 20081062,61237.105.98$19,545
Nov 2008572,69755.496.86$21,665
Oct 200811,95675.246.92$13,615
Sep 200801,488101.767.88$11,721
Aug 200803,375114.228.48$28,630
Jul 200804,258131.0811.39$48,496
Jun 200804,337131.3313.03$56,523
May 200805,070123.1711.57$58,682
Apr 200803,983110.3110.45$41,642
Mar 20081854,716101.909.66$64,427
Feb 2008924,90392.538.77$51,515
Jan 20082016,12490.388.21$68,418
Dec 20072217,92488.337.30$77,382
Nov 200718,22191.677.29$60,037
Oct 200712212,69782.856.92$97,996
Sep 200718419,45475.846.24$135,428
Aug 200727813,33869.066.39$104,401
Jul 200729616,70370.906.39$127,684
Jun 200730026,17062.007.55$216,143
May 200711714,42958.747.85$120,087

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                    8 Mcf  × $  8.00 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/230017 is the state's own key, not one this site invented.