LEE HEIRS

Operated by DECKER OPERATING CO., L.L.C. (P-5 209347) in the THOMAS LAKE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 236077District 05Field 894783002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
May 2008 – May 2026
Value, last 12 filed months
$4 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 22 leases and 22 wells, and the rule below applies to all of them.

Discovered
1979-05-28
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-04-24.

The Commission's schedule remark for this field reads: RULE 4 AMENDED CHANGING ALLOCATION FORMULA.

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 Gas112009-03-17190377
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
CondensateDisposition714 bbl$49,266
GasProduction181,071 Mcf$1,007,041
Total$1,056,307

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 32.2703, -95.8493. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.27030, -95.84929 · 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
12,094 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 12,094 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-21330941112,094 ftJun 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026023459.138.00$1,872
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025018363.933.01$552
Jul 2025018366.743.32$607
Jun 2025015366.483.13$479
May 2025024460.553.23$789
Apr 2025015862.363.54$560
Mar 20250067.704.27$0
Feb 2025015370.884.34$664
Jan 2025017674.324.28$753
Dec 2024015368.993.12$478
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 2024015376.091.78$273
Jan 2024015373.023.30$505
Dec 2023015371.262.61$399
Nov 2023017777.892.81$497
Oct 2023012285.443.09$377
Sep 2023012289.042.74$334
Aug 2023018380.522.67$489
Jul 2023015374.852.64$404
Jun 2023015368.962.26$346
May 2023018370.622.23$408
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 2021032169.493.38$1,085
May 20210063.483.02$0
Apr 2021027660.362.76$761
Mar 2021091661.302.72$2,489
Feb 2021011957.805.55$660
Jan 2021024650.412.81$691
Dec 2020030944.642.68$827
Nov 2020020338.772.71$549
Oct 20200036.972.48$0
Sep 2020017137.091.99$340
Aug 2020025239.982.39$601
Jul 2020022338.371.83$407
Jun 2020025234.901.69$426
May 20200016.921.81$0
Apr 2020027314.751.80$493
Mar 20200030.341.86$0
Feb 2020021549.881.98$426
Jan 2020017557.252.09$367
Dec 2019019959.012.30$459
Nov 2019021055.302.75$578
Oct 2019012853.472.42$310
Sep 2019019355.052.66$513
Aug 2019026353.112.30$606
Jul 2019025156.272.46$617
Jun 2019021152.782.49$526
May 2019028758.482.74$786
Apr 2019018262.632.75$501
Mar 2019019956.803.06$609
Feb 2019031950.852.79$891
Jan 2019023946.033.23$772
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018020561.443.40$697
Sep 2018021159.543.11$656
Aug 2018020259.403.07$619
Jul 2018016765.142.93$490
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018023361.782.77$645
Jan 2018021662.874.01$866
Dec 20170057.272.92$0
Nov 2017022755.423.12$708
Oct 2017025949.292.98$773
Sep 2017016847.523.09$519
Aug 2017018145.373.00$544
Jul 20170043.873.09$0
Jun 2017017342.493.09$534
May 20170045.373.26$0
Apr 2017017747.933.21$568
Mar 2017052146.772.98$1,555
Feb 2017031750.452.95$936
Jan 2017019249.413.42$656
Dec 2016025848.763.72$960
Nov 2016045042.492.64$1,190
Oct 2016027446.193.09$847
Sep 20160041.553.10$0
Aug 2016021441.442.92$626
Jul 2016034441.622.92$1,006
Jun 2016037245.352.69$999
May 2016042442.521.99$844
Apr 2016029936.561.99$595
Mar 2016036933.011.79$662
Feb 2016025326.472.06$522
Jan 2016034227.352.36$809
Dec 2015039632.362.00$793
Nov 2015036538.792.17$791
Oct 2015034043.552.43$825
Sep 2015050242.992.76$1,385
Aug 2015045540.162.87$1,307
Jul 2015041848.152.95$1,231
Jun 2015076256.152.88$2,197
May 2015059055.212.96$1,744
Apr 201501,32149.822.71$3,575
Mar 2015016042.892.93$470
Feb 20150444.662.98$12
Jan 20150143.433.10$3
Dec 20140254.693.59$7
Nov 2014037470.464.25$1,590
Oct 2014076478.303.90$2,980
Sep 2014084886.164.05$3,431
Aug 2014089589.394.04$3,611
Jul 2014079996.564.18$3,340
Jun 2014093298.164.74$4,415
May 2014071394.734.73$3,370
Apr 2014070995.944.81$3,410
Mar 2014080595.895.06$4,071
Feb 2014080997.406.19$5,009
Jan 2014074090.404.86$3,597
Dec 201301,03591.824.35$4,507
Nov 2013087388.853.74$3,264
Oct 2013067297.423.78$2,540
Sep 20130576104.113.72$2,141
Aug 20130813104.253.52$2,864
Jul 201301,000102.523.72$3,718
Jun 2013085994.403.93$3,379
May 201301,17994.834.15$4,892
Apr 2013078893.964.28$3,375
Mar 201301,10293.623.91$4,312
Feb 2013091391.233.42$3,122
Jan 2013084891.603.42$2,900
Dec 201201,43286.773.42$4,898
Nov 2012067086.953.62$2,429
Oct 201201,18789.383.40$4,035
Sep 201201,27694.672.92$3,724
Aug 201201,20692.662.91$3,507
Jul 20121791,18585.133.02$18,818
Jun 2012098479.822.52$2,479
May 201201,24591.612.49$3,098
Apr 201201,235101.652.00$2,466
Mar 201201,263105.052.22$2,806
Feb 201201,205101.102.57$3,097
Jan 201201,35598.092.73$3,705
Dec 201101,56296.873.24$5,060
Nov 201101,47495.723.31$4,881
Oct 201102,14484.983.65$7,822
Sep 201101,48183.623.99$5,903
Aug 201101,47683.404.15$6,124
Jul 201102,32194.144.52$10,485
Jun 201101,90592.904.64$8,839
May 2011062698.134.40$2,757
Apr 20110773105.964.33$3,350
Mar 201101,31296.364.06$5,323
Feb 201101,06085.644.18$4,431
Jan 201117996686.504.59$19,916
Dec 201001,29785.734.35$5,639
Nov 201001,36780.843.80$5,188
Oct 201001,93878.103.51$6,800
Sep 201001,99172.633.98$7,923
Aug 201002,88673.684.42$12,754
Jul 201002,35372.554.74$11,145
Jun 201002,34770.364.91$11,525
May 201002,18971.124.24$9,271
Apr 201001,77781.694.12$7,326
Mar 201001,79378.394.39$7,869
Feb 201001,95773.585.44$10,651
Jan 201002,13574.365.96$12,733
Dec 200902,56071.445.48$14,038
Nov 200902,78374.593.75$10,440
Oct 200901,50872.544.11$6,198
Sep 200901,59265.543.06$4,879
Aug 20091762,37167.423.22$19,497
Jul 200902,88461.133.46$9,992
Jun 200903,17466.163.90$12,363
May 200904,04454.743.93$15,876
Apr 200902,71946.773.59$9,754
Mar 200903,22142.144.06$13,074
Feb 200902,68732.814.63$12,449
Jan 200903,28235.865.37$17,628
Dec 20081803,69737.105.98$28,775
Nov 200804,05355.496.86$27,805
Oct 200805,00375.246.92$34,631
Sep 200805,561101.767.88$43,805
Aug 200807,697114.228.48$65,294
Jul 200809,177131.0811.39$104,521
Jun 2008016,454131.3313.03$214,439
May 200800123.1711.57$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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  234 Mcf  × $  8.00 =     $1,872

────────────────────────────────────────────────────
Month total                                   $1,872

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/236077 is the state's own key, not one this site invented.