BALLARD GU 1

Name: BALLARD GU 1 lease production and value, Dec 2007 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TGNR EAST TEXAS II LLC (P-5 102211) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234786District 06Field 160321742 tax incentive programmesCondensateGasSave Export

Value, all time

$2.0 M

Dec 2007 – May 2026

Value, last 12 filed months

$45 k

at the published price for each month

Months reported

222

no gaps in the span

Streams

condensate, gas

The CARTHAGE (COTTON VALLEY) field

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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered

1968-05-01

as the register files it

Field class

Oil and 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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2008-07-16	184363
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	4,500 bbl	$352,037
Gas	Production	347,820 Mcf	$1,601,576
Total			$1,953,613

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 31.9394, -94.1394. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93938, -94.13945 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

11,500 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 11,500 ft.

Completions filed

Dec 2007

1 of 1 wells

1 well


42-41931153	1	11,500 ft	Dec 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 (222)

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

222 months


May 2026	0	671	106.41	3.05	$2,044
Apr 2026	0	755	98.93	2.87	$2,167
Mar 2026	0	724	89.75	3.15	$2,280
Feb 2026	0	684	63.50	3.75	$2,565
Jan 2026	0	742	59.13	8.00	$5,934
Dec 2025	0	815	56.66	4.41	$3,597
Nov 2025	0	888	58.59	3.93	$3,487
Oct 2025	0	744	59.38	3.30	$2,459
Sep 2025	0	659	62.74	3.08	$2,028
Aug 2025	0	378	63.93	3.01	$1,140
Jul 2025	0	1,047	66.74	3.32	$3,471
Jun 2025	161	970	66.48	3.13	$13,738
May 2025	0	1,075	60.55	3.23	$3,475
Apr 2025	0	1,053	62.36	3.54	$3,731
Mar 2025	0	1,102	67.70	4.27	$4,704
Feb 2025	0	992	70.88	4.34	$4,306
Jan 2025	0	1,098	74.32	4.28	$4,698
Dec 2024	0	1,008	68.99	3.12	$3,146
Nov 2024	0	940	69.05	2.20	$2,067
Oct 2024	0	1,033	71.37	2.28	$2,357
Sep 2024	0	1,059	69.61	2.36	$2,504
Aug 2024	0	1,108	75.63	2.06	$2,287
Jul 2024	0	1,105	79.93	2.15	$2,372
Jun 2024	0	1,071	78.08	2.63	$2,821
May 2024	0	1,118	78.81	2.20	$2,458
Apr 2024	137	1,033	84.45	1.66	$13,284
Mar 2024	0	1,095	80.30	1.55	$1,692
Feb 2024	0	934	76.09	1.78	$1,666
Jan 2024	0	1,034	73.02	3.30	$3,410
Dec 2023	0	947	71.26	2.61	$2,472
Nov 2023	0	923	77.89	2.81	$2,591
Oct 2023	0	921	85.44	3.09	$2,843
Sep 2023	0	856	89.04	2.74	$2,341
Aug 2023	0	852	80.52	2.67	$2,277
Jul 2023	0	882	74.85	2.64	$2,330
Jun 2023	0	850	68.96	2.26	$1,920
May 2023	0	907	70.62	2.23	$2,020
Apr 2023	109	891	78.12	2.24	$10,509
Mar 2023	0	1,024	72.85	2.39	$2,451
Feb 2023	0	888	75.11	2.47	$2,190
Jan 2023	0	1,062	76.53	3.39	$3,598
Dec 2022	0	1,035	76.41	5.73	$5,930
Nov 2022	0	985	85.00	5.65	$5,562
Oct 2022	0	1,019	87.18	5.86	$5,975
Sep 2022	0	946	84.88	8.16	$7,723
Aug 2022	0	971	94.52	9.13	$8,862
Jul 2022	0	958	101.58	7.54	$7,225
Jun 2022	177	957	115.09	7.98	$28,005
May 2022	0	1,030	109.37	8.43	$8,686
Apr 2022	0	1,022	104.22	6.84	$6,988
Mar 2022	0	1,082	108.88	5.08	$5,493
Feb 2022	0	1,035	91.05	4.86	$5,029
Jan 2022	0	1,165	81.84	4.54	$5,286
Dec 2021	0	1,109	71.32	3.90	$4,324
Nov 2021	0	1,126	77.43	5.24	$5,897
Oct 2021	0	1,148	79.79	5.71	$6,560
Sep 2021	0	1,046	69.86	5.35	$5,597
Aug 2021	0	1,155	66.02	4.22	$4,875
Jul 2021	0	1,195	70.78	3.98	$4,759
Jun 2021	0	1,181	69.49	3.38	$3,993
May 2021	0	1,234	63.48	3.02	$3,724
Apr 2021	0	1,205	60.36	2.76	$3,324
Mar 2021	0	1,261	61.30	2.72	$3,426
Feb 2021	0	1,145	57.80	5.55	$6,352
Jan 2021	159	1,146	50.41	2.81	$11,236
Dec 2020	0	1,270	44.64	2.68	$3,398
Nov 2020	0	1,236	38.77	2.71	$3,345
Oct 2020	0	1,300	36.97	2.48	$3,222
Sep 2020	0	1,239	37.09	1.99	$2,467
Aug 2020	0	1,291	39.98	2.39	$3,079
Jul 2020	0	1,287	38.37	1.83	$2,349
Jun 2020	0	1,222	34.90	1.69	$2,066
May 2020	0	1,033	16.92	1.81	$1,875
Apr 2020	0	1,058	14.75	1.80	$1,909
Mar 2020	0	1,091	30.34	1.86	$2,025
Feb 2020	0	1,094	49.88	1.98	$2,167
Jan 2020	0	1,170	57.25	2.09	$2,451
Dec 2019	172	1,190	59.01	2.30	$12,892
Nov 2019	0	1,183	55.30	2.75	$3,254
Oct 2019	0	1,218	53.47	2.42	$2,946
Sep 2019	0	1,168	55.05	2.66	$3,104
Aug 2019	0	1,240	53.11	2.30	$2,857
Jul 2019	0	1,324	56.27	2.46	$3,257
Jun 2019	0	1,314	52.78	2.49	$3,273
May 2019	0	1,363	58.48	2.74	$3,735
Apr 2019	0	1,253	62.63	2.75	$3,447
Mar 2019	0	1,371	56.80	3.06	$4,198
Feb 2019	0	1,094	50.85	2.79	$3,055
Jan 2019	170	1,393	46.03	3.23	$12,322
Dec 2018	0	1,315	46.59	4.19	$5,504
Nov 2018	0	1,301	52.93	4.24	$5,513
Oct 2018	0	1,175	61.44	3.40	$3,993
Sep 2018	0	1,144	59.54	3.11	$3,556
Aug 2018	0	1,206	59.40	3.07	$3,698
Jul 2018	0	1,354	65.14	2.93	$3,970
Jun 2018	0	1,369	60.18	3.08	$4,212
May 2018	0	1,417	65.38	2.90	$4,110
Apr 2018	0	1,473	63.84	2.90	$4,273
Mar 2018	0	1,204	61.22	2.79	$3,355
Feb 2018	0	1,422	61.78	2.77	$3,933
Jan 2018	0	1,361	62.87	4.01	$5,457
Dec 2017	0	1,301	57.27	2.92	$3,801
Nov 2017	0	1,392	55.42	3.12	$4,341
Oct 2017	151	1,481	49.29	2.98	$11,862
Sep 2017	0	1,375	47.52	3.09	$4,245
Aug 2017	0	1,373	45.37	3.00	$4,125
Jul 2017	0	1,415	43.87	3.09	$4,369
Jun 2017	0	1,269	42.49	3.09	$3,918
May 2017	0	3,037	45.37	3.26	$9,911
Apr 2017	0	2,378	47.93	3.21	$7,637
Mar 2017	174	1,565	46.77	2.98	$12,807
Feb 2017	0	2,528	50.45	2.95	$7,464
Jan 2017	0	1,467	49.41	3.42	$5,015
Dec 2016	0	1,156	48.76	3.72	$4,304
Nov 2016	0	1,202	42.49	2.64	$3,179
Oct 2016	0	1,292	46.19	3.09	$3,993
Sep 2016	0	1,148	41.55	3.10	$3,560
Aug 2016	0	1,446	41.44	2.92	$4,229
Jul 2016	0	1,016	41.62	2.92	$2,971
Jun 2016	0	1,146	45.35	2.69	$3,078
May 2016	0	994	42.52	1.99	$1,979
Apr 2016	0	604	36.56	1.99	$1,203
Mar 2016	0	778	33.01	1.79	$1,396
Feb 2016	0	715	26.47	2.06	$1,476
Jan 2016	0	1,032	27.35	2.36	$2,440
Dec 2015	0	937	32.36	2.00	$1,875
Nov 2015	0	1,057	38.79	2.17	$2,291
Oct 2015	186	1,073	43.55	2.43	$10,704
Sep 2015	0	1,212	42.99	2.76	$3,343
Aug 2015	0	1,529	40.16	2.87	$4,392
Jul 2015	0	1,149	48.15	2.95	$3,384
Jun 2015	0	1,219	56.15	2.88	$3,514
May 2015	0	1,216	55.21	2.96	$3,594
Apr 2015	0	882	49.82	2.71	$2,387
Mar 2015	0	1,446	42.89	2.93	$4,244
Feb 2015	0	769	44.66	2.98	$2,289
Jan 2015	0	1,269	43.43	3.10	$3,935
Dec 2014	0	1,460	54.69	3.59	$5,243
Nov 2014	187	1,460	70.46	4.25	$19,384
Oct 2014	0	1,540	78.30	3.90	$6,007
Sep 2014	0	1,276	86.16	4.05	$5,162
Aug 2014	0	1,499	89.39	4.04	$6,049
Jul 2014	0	1,585	96.56	4.18	$6,625
Jun 2014	0	1,529	98.16	4.74	$7,243
May 2014	0	1,476	94.73	4.73	$6,976
Apr 2014	0	1,279	95.94	4.81	$6,151
Mar 2014	0	1,830	95.89	5.06	$9,254
Feb 2014	179	885	97.40	6.19	$22,915
Jan 2014	0	1,602	90.40	4.86	$7,787
Dec 2013	0	1,459	91.82	4.35	$6,353
Nov 2013	0	1,380	88.85	3.74	$5,159
Oct 2013	0	1,085	97.42	3.78	$4,101
Sep 2013	0	1,174	104.11	3.72	$4,365
Aug 2013	0	1,208	104.25	3.52	$4,255
Jul 2013	0	1,456	102.52	3.72	$5,413
Jun 2013	178	1,123	94.40	3.93	$21,220
May 2013	0	1,456	94.83	4.15	$6,041
Apr 2013	0	1,252	93.96	4.28	$5,362
Mar 2013	0	1,254	93.62	3.91	$4,907
Feb 2013	0	1,315	91.23	3.42	$4,497
Jan 2013	0	1,456	91.60	3.42	$4,979
Dec 2012	193	1,535	86.77	3.42	$21,997
Nov 2012	0	1,403	86.95	3.62	$5,086
Oct 2012	0	640	89.38	3.40	$2,176
Sep 2012	0	1,402	94.67	2.92	$4,092
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	1,642	85.13	3.02	$4,960
Jun 2012	0	1,695	79.82	2.52	$4,270
May 2012	0	1,725	91.61	2.49	$4,292
Apr 2012	0	2,021	101.65	2.00	$4,036
Mar 2012	166	1,545	105.05	2.22	$20,871
Feb 2012	0	1,878	101.10	2.57	$4,827
Jan 2012	0	1,836	98.09	2.73	$5,020
Dec 2011	0	1,900	96.87	3.24	$6,156
Nov 2011	0	1,909	95.72	3.31	$6,321
Oct 2011	174	2,185	84.98	3.65	$22,759
Sep 2011	0	2,356	83.62	3.99	$9,391
Aug 2011	0	2,019	83.40	4.15	$8,377
Jul 2011	0	2,573	94.14	4.52	$11,623
Jun 2011	184	2,198	92.90	4.64	$27,292
May 2011	0	2,362	98.13	4.40	$10,404
Apr 2011	0	2,395	105.96	4.33	$10,378
Mar 2011	0	2,773	96.36	4.06	$11,251
Feb 2011	0	2,220	85.64	4.18	$9,280
Jan 2011	0	2,354	86.50	4.59	$10,802
Dec 2010	0	2,293	85.73	4.35	$9,969
Nov 2010	0	1,910	80.84	3.80	$7,249
Oct 2010	178	2,215	78.10	3.51	$21,674
Sep 2010	0	1,918	72.63	3.98	$7,633
Aug 2010	0	1,758	73.68	4.42	$7,769
Jul 2010	0	1,863	72.55	4.74	$8,824
Jun 2010	0	1,493	70.36	4.91	$7,331
May 2010	189	2,045	71.12	4.24	$22,103
Apr 2010	0	1,916	81.69	4.12	$7,899
Mar 2010	0	2,510	78.39	4.39	$11,016
Feb 2010	0	2,288	73.58	5.44	$12,452
Jan 2010	181	2,535	74.36	5.96	$28,578
Dec 2009	0	2,531	71.44	5.48	$13,879
Nov 2009	189	1,981	74.59	3.75	$21,529
Oct 2009	0	2,523	72.54	4.11	$10,370
Sep 2009	0	1,841	65.54	3.06	$5,642
Aug 2009	0	2,244	67.42	3.22	$7,222
Jul 2009	0	2,650	61.13	3.46	$9,181
Jun 2009	0	1,980	66.16	3.90	$7,712
May 2009	0	3,562	54.74	3.93	$13,984
Apr 2009	178	3,889	46.77	3.59	$22,277
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	311	32.81	4.63	$1,441
Jan 2009	0	3,167	35.86	5.37	$17,010
Dec 2008	184	3,088	37.10	5.98	$25,284
Nov 2008	0	3,339	55.49	6.86	$22,907
Oct 2008	0	3,982	75.24	6.92	$27,563
Sep 2008	0	3,599	101.76	7.88	$28,350
Aug 2008	0	4,396	114.22	8.48	$37,291
Jul 2008	186	4,484	131.08	11.39	$75,451
Jun 2008	181	4,897	131.33	13.03	$87,592
May 2008	0	5,685	123.17	11.57	$65,800
Apr 2008	177	6,314	110.31	10.45	$85,537
Mar 2008	0	11,539	101.90	9.66	$111,514
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	1,905	90.38	8.21	$15,632
Dec 2007	0	9,459	88.33	7.30	$69,069

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             0 bbl  × $106.41 =         $0
Gas                  671 Mcf  × $  3.05 =     $2,044

────────────────────────────────────────────────────
Month total                                   $2,044

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. 06/G/234786 is the state's own key, not one this site invented.