LEDBETTER "A"

Operated by CORSA RESOURCES, LLC (P-5 100584) in the TEAGUE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188277District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$830 k
Jan 2002 – May 2026
Value, last 12 filed months
$161
at the published price for each month
Months reported
293
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2011-10-11.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112002-06-13147865
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
CondensateDisposition195 bbl$10,970
GasProduction150,281 Mcf$819,422
Total$830,391

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 31.6632, -96.1847. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.66315, -96.18471 · 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
12,165 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 12,165 ft.

Completions filed
Jan 2002
1 of 1 wells

1 well

42-16132168412,165 ftJan 2002

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 (293)

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

293 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 20250156.664.41$4
Nov 20250258.593.93$8
Oct 202504559.383.30$149
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 202102169.493.38$71
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210257.805.55$11
Jan 20210050.412.81$0
Dec 20200744.642.68$19
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200437.091.99$8
Aug 20200039.982.39$0
Jul 20200138.371.83$2
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202001930.341.86$35
Feb 202002849.881.98$55
Jan 202003057.252.09$63
Dec 201903059.012.30$69
Nov 201902655.302.75$72
Oct 201902653.472.42$63
Sep 201904155.052.66$109
Aug 201904653.112.30$106
Jul 201904056.272.46$98
Jun 201906752.782.49$167
May 2019013158.482.74$359
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201903450.852.79$95
Jan 201904246.033.23$136
Dec 201804646.594.19$193
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201801965.142.93$56
Jun 201803360.183.08$102
May 201804465.382.90$128
Apr 201804463.842.90$128
Mar 201803861.222.79$106
Feb 201804061.782.77$111
Jan 201805362.874.01$212
Dec 201707057.272.92$205
Nov 2017011955.423.12$371
Oct 20170049.292.98$0
Sep 201702547.523.09$77
Aug 201703645.373.00$108
Jul 201704143.873.09$127
Jun 2017012442.493.09$383
May 20171345.373.26$55
Apr 201703847.933.21$122
Mar 201707546.772.98$224
Feb 201702750.452.95$80
Jan 201703949.413.42$133
Dec 201604648.763.72$171
Nov 201603942.492.64$103
Oct 201604846.193.09$148
Sep 201604441.553.10$136
Aug 201603741.442.92$108
Jul 201614341.622.92$167
Jun 201603645.352.69$97
May 201603542.521.99$70
Apr 201613136.561.99$98
Mar 201603033.011.79$54
Feb 201603026.472.06$62
Jan 201604127.352.36$97
Dec 201506932.362.00$138
Nov 201504338.792.17$93
Oct 201505943.552.43$143
Sep 201505442.992.76$149
Aug 201506340.162.87$181
Jul 201506148.152.95$180
Jun 201505956.152.88$170
May 201506255.212.96$183
Apr 201506449.822.71$173
Mar 201506642.892.93$194
Feb 201507444.662.98$220
Jan 201504843.433.10$149
Dec 201406354.693.59$226
Nov 201406170.464.25$259
Oct 201405978.303.90$230
Sep 201406086.164.05$243
Aug 201406789.394.04$270
Jul 201406796.564.18$280
Jun 201408098.164.74$379
May 201407494.734.73$350
Apr 201408095.944.81$385
Mar 201407895.895.06$394
Feb 201406697.406.19$409
Jan 201407090.404.86$340
Dec 201306791.824.35$292
Nov 201307288.853.74$269
Oct 201309297.423.78$348
Sep 2013047104.113.72$175
Aug 2013083104.253.52$292
Jul 2013047102.523.72$175
Jun 201308694.403.93$338
May 2013013194.834.15$544
Apr 201305593.964.28$236
Mar 2013020093.623.91$783
Feb 201301791.233.42$58
Jan 2013010191.603.42$345
Dec 201204786.773.42$161
Nov 201207486.953.62$268
Oct 2012010289.383.40$347
Sep 2012014794.672.92$429
Aug 2012010392.662.91$300
Jul 2012017185.133.02$517
Jun 2012053779.822.52$1,353
May 201204591.612.49$112
Apr 201205101.652.00$10
Mar 2012011105.052.22$24
Feb 201200101.102.57$0
Jan 201205298.092.73$142
Dec 201108596.873.24$275
Nov 201109295.723.31$305
Oct 201109884.983.65$358
Sep 201108583.623.99$339
Aug 201108483.404.15$349
Jul 2011010694.144.52$479
Jun 2011013192.904.64$608
May 201107198.134.40$313
Apr 20110121105.964.33$524
Mar 201108496.364.06$341
Feb 201107385.644.18$305
Jan 2011013886.504.59$633
Dec 2010010185.734.35$439
Nov 2010014780.843.80$558
Oct 2010014778.103.51$516
Sep 201006272.633.98$247
Aug 201008673.684.42$380
Jul 201002072.554.74$95
Jun 2010054070.364.91$2,652
May 2010064471.124.24$2,727
Apr 2010056681.694.12$2,333
Mar 2010077478.394.39$3,397
Feb 2010077873.585.44$4,234
Jan 2010078674.365.96$4,688
Dec 2009066471.445.48$3,641
Nov 2009068074.593.75$2,551
Oct 2009070072.544.11$2,877
Sep 2009056765.543.06$1,738
Aug 2009068067.423.22$2,189
Jul 2009080261.133.46$2,779
Jun 2009081566.163.90$3,174
May 2009086654.743.93$3,400
Apr 2009087346.773.59$3,132
Mar 2009096542.144.06$3,917
Feb 2009186432.814.63$4,036
Jan 200911,28935.865.37$6,959
Dec 200801,97537.105.98$11,805
Nov 200801,02755.496.86$7,046
Oct 200801,01675.246.92$7,033
Sep 200811,004101.767.88$8,010
Aug 200801,061114.228.48$9,000
Jul 200841,104131.0811.39$13,098
Jun 200811,147131.3313.03$15,080
May 200831,321123.1711.57$15,659
Apr 20080828110.3110.45$8,657
Mar 20080973101.909.66$9,403
Feb 200831,21292.538.77$10,908
Jan 200811,38890.388.21$11,480
Dec 2007401,54488.337.30$14,807
Nov 2007080591.677.29$5,870
Oct 2007278782.856.92$5,613
Sep 200741,22175.846.24$7,927
Aug 2007086269.066.39$5,506
Jul 2007015770.906.39$1,003
Jun 2007166562.007.55$5,082
May 2007036158.747.85$2,833
Apr 200701,27559.617.81$9,952
Mar 200731,56656.927.30$11,606
Feb 200731,19155.108.22$9,951
Jan 200741,29750.306.73$8,926
Dec 2006076556.656.92$5,293
Nov 200631,20954.207.62$9,372
Oct 200601,29354.906.01$7,776
Sep 200641,31360.085.04$6,854
Aug 200641,31568.717.34$9,927
Jul 2006131,47569.376.34$10,257
Jun 20061374466.286.38$5,611
May 200631,09866.016.42$7,253
Apr 2006393164.397.36$7,046
Mar 200601,08256.707.08$7,664
Feb 2006043857.597.75$3,395
Jan 2006266660.598.93$6,071
Dec 2005260754.9413.42$8,253
Nov 2005164354.6910.59$6,863
Oct 2005076058.3413.80$10,485
Sep 2005169361.4512.08$8,432
Aug 200511,15461.519.80$11,367
Jul 2005050855.697.84$3,985
Jun 2005075452.337.38$5,565
May 2005010945.226.65$725
Apr 2005094049.207.36$6,919
Mar 2005078450.377.15$5,609
Feb 2005076045.226.31$4,797
Jan 200501,01943.166.32$6,442
Dec 200401,11439.866.75$7,521
Nov 200401,10645.286.33$7,001
Oct 200401,29249.706.52$8,418
Sep 2004073143.245.28$3,863
Aug 200401,07642.375.55$5,973
Jul 200401,11538.286.08$6,784
Jun 200401,08636.106.43$6,986
May 2004057137.486.49$3,708
Apr 200401,24334.475.86$7,282
Mar 200421,33234.365.53$7,435
Feb 200411,35632.455.51$7,503
Jan 200411,56832.036.30$9,910
Dec 200311,81130.266.30$11,443
Nov 200332,79928.804.60$12,948
Oct 200306228.174.76$295
Sep 2003036426.314.75$1,729
Aug 200301,01529.765.13$5,207
Jul 200301,27429.415.17$6,588
Jun 200312,00728.565.98$12,036
May 200311,09226.595.97$6,549
Apr 200302,01426.675.41$10,890
Mar 200301,40331.146.10$8,553
Feb 200301,41133.487.93$11,183
Jan 200302,44330.315.58$13,637
Dec 200204,70926.914.85$22,856
Nov 200204,76724.664.14$19,721
Oct 200255,44326.464.23$23,151
Sep 200202,76527.443.64$10,051
Aug 200202,97625.963.16$9,417
Jul 200203,79224.583.06$11,610
Jun 200204,45123.733.34$14,859
May 200206,81124.663.58$24,411
Apr 200294,52923.653.51$16,120
Mar 2002029822.003.10$925
Feb 200207,50618.222.38$17,832
Jan 2002462,66217.172.38$7,114

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                    1 Mcf  × $  4.41 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/188277 is the state's own key, not one this site invented.