CONEJO

Operated by BORDERTOWN ENERGY RESOURCES, LLC (P-5 100804) in the JARON (QUEEN CITY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 238492District 04Field 457751002 tax incentive programmesCondensateGasSaveExport
Value, all time
$447 k
May 2008 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
217
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1983-04-27
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: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFFECTIVE 1/1/94.

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 Gas112009-05-04183472
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
CondensateDisposition1,777 bbl$132,735
GasProduction67,125 Mcf$314,641
Total$447,376

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 27.1608, -98.6507. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.16085, -98.65072 · 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
9,800 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 9,800 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-2473241869,800 ftMay 2008

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 (217)

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

217 months

May 20266182106.413.05$1,193
Apr 2026517198.932.87$985
Mar 2026618989.753.15$1,134
Feb 2026718863.503.75$1,150
Jan 2026619759.138.00$1,930
Dec 2025616956.664.41$1,086
Nov 2025724858.593.93$1,384
Oct 2025717459.383.30$991
Sep 2025627062.743.08$1,207
Aug 2025626263.933.01$1,173
Jul 2025729766.743.32$1,452
Jun 2025835766.483.13$1,649
May 202514877360.553.23$11,460
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 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 202302885.443.09$86
Sep 202301889.042.74$49
Aug 202305580.522.67$147
Jul 202306974.852.64$182
Jun 202306168.962.26$138
May 202303770.622.23$82
Apr 2023010678.122.24$237
Mar 2023011972.852.39$285
Feb 202304875.112.47$118
Jan 202305476.533.39$183
Dec 20220276.415.73$11
Nov 202209585.005.65$536
Oct 2022015987.185.86$932
Sep 2022027184.888.16$2,212
Aug 2022019594.529.13$1,780
Jul 20220252101.587.54$1,901
Jun 20220223115.097.98$1,779
May 2022065109.378.43$548
Apr 2022072104.226.84$492
Mar 2022051108.885.08$259
Feb 202203891.054.86$185
Jan 202203881.844.54$172
Dec 202104471.323.90$172
Nov 202109177.435.24$477
Oct 2021013979.795.71$794
Sep 202105969.865.35$316
Aug 202109366.024.22$393
Jul 2021019070.783.98$757
Jun 202105369.493.38$179
May 202102363.483.02$69
Apr 202105360.362.76$146
Mar 2021015961.302.72$432
Feb 2021011757.805.55$649
Jan 202107050.412.81$197
Dec 20201127044.642.68$5,187
Nov 202004438.772.71$119
Oct 202004736.972.48$116
Sep 202006537.091.99$129
Aug 202013939.982.39$133
Jul 202018838.371.83$199
Jun 2020010134.901.69$171
May 202006216.921.81$113
Apr 202005914.751.80$106
Mar 202004630.341.86$85
Feb 202017949.881.98$206
Jan 202017957.252.09$223
Dec 201909059.012.30$207
Nov 2019010855.302.75$297
Oct 201909753.472.42$235
Sep 2019015255.052.66$404
Aug 2019014253.112.30$327
Jul 2019018156.272.46$445
Jun 2019014352.782.49$356
May 2019012858.482.74$351
Apr 2019014862.632.75$407
Mar 2019029956.803.06$916
Feb 2019032450.852.79$905
Jan 2019033046.033.23$1,065
Dec 2018037746.594.19$1,578
Nov 2018035452.934.24$1,500
Oct 2018032761.443.40$1,111
Sep 2018023459.543.11$727
Aug 2018026259.403.07$803
Jul 2018025465.142.93$745
Jun 2018022460.183.08$689
May 2018019665.382.90$569
Apr 2018021663.842.90$627
Mar 2018021761.222.79$605
Feb 2018021461.782.77$592
Jan 2018020662.874.01$826
Dec 2017019857.272.92$578
Nov 2017021755.423.12$677
Oct 2017030149.292.98$898
Sep 2017022247.523.09$685
Aug 2017027845.373.00$835
Jul 2017022043.873.09$679
Jun 2017026142.493.09$806
May 2017023045.373.26$751
Apr 2017018447.933.21$591
Mar 2017027946.772.98$832
Feb 2017025350.452.95$747
Jan 201717327149.413.42$9,474
Dec 2016029248.763.72$1,087
Nov 2016022742.492.64$600
Oct 2016028046.193.09$865
Sep 2016024341.553.10$753
Aug 2016026241.442.92$766
Jul 2016032241.622.92$942
Jun 2016033245.352.69$892
May 2016029742.521.99$591
Apr 2016028436.561.99$565
Mar 2016032433.011.79$581
Feb 2016027726.472.06$572
Jan 2016032127.352.36$759
Dec 2015034232.362.00$684
Nov 2015036438.792.17$789
Oct 2015035043.552.43$849
Sep 2015034342.992.76$946
Aug 2015027740.162.87$796
Jul 2015034448.152.95$1,013
Jun 2015034456.152.88$992
May 201517733255.212.96$10,753
Apr 2015032449.822.71$877
Mar 2015032842.892.93$963
Feb 2015020744.662.98$616
Jan 2015031343.433.10$971
Dec 2014033854.693.59$1,214
Nov 2014032370.464.25$1,373
Oct 2014025578.303.90$995
Sep 2014026186.164.05$1,056
Aug 2014029689.394.04$1,194
Jul 2014025796.564.18$1,074
Jun 2014021698.164.74$1,023
May 2014026094.734.73$1,229
Apr 2014028095.944.81$1,347
Mar 2014030795.895.06$1,552
Feb 2014028297.406.19$1,746
Jan 2014030990.404.86$1,502
Dec 2013038791.824.35$1,685
Nov 2013033388.853.74$1,245
Oct 2013030797.423.78$1,160
Sep 20130374104.113.72$1,390
Aug 20130341104.253.52$1,201
Jul 20130275102.523.72$1,022
Jun 2013024694.403.93$968
May 2013027794.834.15$1,149
Apr 2013029093.964.28$1,242
Mar 2013031193.623.91$1,217
Feb 2013039191.233.42$1,337
Jan 2013049491.603.42$1,689
Dec 2012038786.773.42$1,324
Nov 2012147886.953.62$1,820
Oct 2012055889.383.40$1,897
Sep 2012070394.672.92$2,052
Aug 2012142392.662.91$1,323
Jul 2012057485.133.02$1,734
Jun 2012054979.822.52$1,383
May 2012054891.612.49$1,364
Apr 20120452101.652.00$903
Mar 20120537105.052.22$1,193
Feb 20120429101.102.57$1,103
Jan 2012047498.092.73$1,296
Dec 2011046396.873.24$1,500
Nov 2011040195.723.31$1,328
Oct 2011047684.983.65$1,737
Sep 201117942283.623.99$16,650
Aug 2011041983.404.15$1,739
Jul 2011055594.144.52$2,507
Jun 2011046092.904.64$2,134
May 2011051898.134.40$2,282
Apr 20110554105.964.33$2,401
Mar 2011053496.364.06$2,167
Feb 2011037885.644.18$1,580
Jan 2011059286.504.59$2,717
Dec 2010050085.734.35$2,174
Nov 2010056780.843.80$2,152
Oct 2010055578.103.51$1,947
Sep 2010054872.633.98$2,181
Aug 2010053373.684.42$2,356
Jul 2010055972.554.74$2,648
Jun 2010050870.364.91$2,494
May 2010063171.124.24$2,672
Apr 2010055581.694.12$2,288
Mar 2010068678.394.39$3,011
Feb 2010053973.585.44$2,933
Jan 201018752374.365.96$17,025
Dec 2009253171.445.48$3,055
Nov 2009453374.593.75$2,298
Oct 200918759272.544.11$15,998
Sep 2009342665.543.06$1,502
Aug 2009258967.423.22$2,031
Jul 2009859161.133.46$2,537
Jun 2009163966.163.90$2,555
May 200910964254.743.93$8,487
Apr 2009164946.773.59$2,375
Mar 2009171442.144.06$2,940
Feb 2009270932.814.63$3,350
Jan 2009688535.865.37$4,969
Dec 2008391137.105.98$5,556
Nov 2008676755.496.86$5,595
Oct 2008387075.246.92$6,248
Sep 2008199875101.767.88$27,143
Aug 200811,245114.228.48$10,676
Jul 20081711,284131.0811.39$37,039
Jun 200841,434131.3313.03$19,214
May 200853,372123.1711.57$39,644

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             6 bbl  × $106.41 =       $638
Gas                  182 Mcf  × $  3.05 =       $554

────────────────────────────────────────────────────
Month total                                   $1,193

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/238492 is the state's own key, not one this site invented.