BAKER GAS UNIT

Operated by LODESTONE OPERATING, INC. (P-5 100710) in the OLETHA (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154880District 05Field 671021002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Apr 1995 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
374
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1979-05-20
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 03/01/96.

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 Gas111995-11-09133380
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
CondensateDisposition208 bbl$8,925
GasProduction1,285,243 Mcf$2,676,123
Total$2,685,047

542,783 Mcf of this lease's gas, across 21 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.4199, -96.3945. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.41991, -96.39455 · 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
10,502 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 10,502 ft.

Completions filed
Aug 1995
1 of 1 wells

1 well

42-293310853-T10,502 ftAug 1995

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 (374)

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

374 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
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 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 20230085.443.09$0
Sep 20230089.042.74$0
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 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
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 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
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 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 201701357.272.92$38
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200799059.617.81$5,901
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006052056.707.08$3,683
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005015458.3413.80$2,125
Sep 200502,99361.4512.08$36,152
Aug 200503,60061.519.80$35,269
Jul 200503,95855.697.84$31,045
Jun 200503,85452.337.38$28,447
May 200504,20345.226.65$27,955
Apr 200504,00749.207.36$29,493
Mar 200503,77650.377.15$27,017
Feb 200514,04645.226.31$25,583
Jan 200504,50543.166.32$28,482
Dec 200405,10939.866.75$34,491
Nov 200403,68645.286.33$23,334
Oct 200405,13749.706.52$33,468
Sep 200404,10243.245.28$21,675
Aug 200403,76642.375.55$20,904
Jul 200405,18238.286.08$31,528
Jun 200404,18136.106.43$26,896
May 200405,88937.486.49$38,247
Apr 200403,99734.475.86$23,416
Mar 200404,46634.365.53$24,698
Feb 200405,37532.455.51$29,614
Jan 200404,00832.036.30$25,249
Dec 200304,98730.266.30$31,426
Nov 200304,04228.804.60$18,574
Oct 200304,79928.174.76$22,842
Sep 200305,10326.314.75$24,236
Aug 200305,31329.765.13$27,254
Jul 200315,22529.415.17$27,047
Jun 200305,09728.565.98$30,495
May 200305,54926.595.97$33,142
Apr 200305,49326.675.41$29,702
Mar 200305,87031.146.10$35,784
Feb 200335,18733.487.93$41,212
Jan 200306,14430.315.58$34,296
Dec 200206,47026.914.85$31,404
Nov 200206,31524.664.14$26,125
Oct 200207,72626.464.23$32,674
Sep 200215,47527.443.64$19,930
Aug 200207,39825.963.16$23,408
Jul 200217,73424.583.06$23,704
Jun 200207,83723.733.34$26,162
May 2002147,51724.663.58$27,286
Apr 200207,25823.653.51$25,492
Mar 200218,54022.003.10$26,519
Feb 200218,07118.222.38$19,192
Jan 200208,69517.172.38$20,657
Dec 200109,32616.932.36$22,050
Nov 200109,22918.072.41$22,201
Oct 200109,84119.782.53$24,887
Sep 2001010,01424.262.25$22,545
Aug 2001110,55524.873.05$32,251
Jul 2001110,66423.933.20$34,118
Jun 200129,67724.563.82$37,056
May 200118,72225.524.31$37,594
Apr 200147,91724.685.34$42,338
Mar 200116,84324.545.38$36,816
Feb 200105,67527.755.77$32,728
Jan 200115,45427.478.40$45,834
Dec 200024,65626.889.12$42,528
Nov 200022,72532.215.66$15,482
Oct 200011,55531.235.15$8,032
Sep 200006331.875.19$327
Aug 20000029.644.54$0
Jul 200067028.534.09$1,912
Jun 2000136429.304.40$1,630
May 200002,15627.263.68$7,934
Apr 200015,18124.513.12$16,169
Mar 200008,43528.422.86$24,122
Feb 200009,59327.622.73$26,155
Jan 2000010,86425.272.48$26,948
Dec 1999010,65924.282.42$25,834
Nov 1999012,26123.192.43$29,843
Oct 1999011,76220.982.80$32,977
Sep 1999112,52121.752.62$32,812
Aug 1999014,20119.262.88$40,836
Jul 1999013,30017.892.37$31,553
Jun 1999012,90515.942.36$30,483
May 1999011,96615.792.32$27,773
Apr 1999013,91115.102.21$30,716
Mar 1999015,39712.471.84$28,305
Feb 1999013,5209.981.82$24,577
Jan 199901,25210.381.90$2,379
Dec 199804749.201.77$841
Nov 1998054210.892.19$1,185
Oct 1998057312.421.97$1,128
Sep 1998028912.592.08$602
Aug 1998060411.301.91$1,152
Jul 199801,05911.742.24$2,369
Jun 199802,18711.242.24$4,893
May 199803,17612.622.21$7,007
Apr 199803,67513.042.51$9,207
Mar 1998010,15912.802.31$23,462
Feb 199808,77513.952.30$20,175
Jan 1998011,48914.702.15$24,756
Dec 1997010,70116.322.41$25,801
Nov 199708,24118.193.09$25,450
Oct 1997010,80719.253.15$34,040
Sep 1997012,36817.742.95$36,546
Aug 1997014,13917.862.55$36,121
Jul 1997013,47917.582.25$30,287
Jun 1997013,94417.242.26$31,474
May 1997015,25418.972.31$35,214
Apr 1997015,70417.882.08$32,708
Mar 1997016,09718.951.94$31,214
Feb 1997015,80420.492.21$34,862
Jan 1997017,38423.483.54$61,534
Dec 1996018,81023.32$0
Nov 1996021,44421.97$0
Oct 1996022,95923.31$0
Sep 1996022,92722.22$0
Aug 1996026,24320.26$0
Jul 1996029,39619.55$0
Jun 1996013,73418.73$0
May 1996025,38619.43$0
Apr 1996024,64821.51$0
Mar 1996027,47619.38$0
Feb 1996028,00116.98$0
Jan 1996032,34917.07$0
Dec 1995033,34917.19$0
Nov 1995030,56116.00$0
Oct 1995030,99515.43$0
Sep 1995032,56816.18$0
Aug 1995028,36515.92$0
Jul 1995032,65215.24$0
Jun 1995028,68316.41$0
May 1995016,48817.56$0
Apr 1995015,74917.73$0

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.

Dec 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.27 =         $0
Gas                   13 Mcf  × $  2.92 =        $38

────────────────────────────────────────────────────
Month total                                      $38

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. 05/G/154880 is the state's own key, not one this site invented.