BORDERS, GENE

Operated by HIBBARD ENERGY, LP (P-5 383757) in the ANGIE (JAMES LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245597District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.2 M
Jun 2008 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
216
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 169 leases and 169 wells, and the rule below applies to all of them.

Discovered
1981-06-16
as the register files it
Field class
Oil and 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 2014-03-11.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-08-31193802
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
CondensateDisposition1,523 bbl$122,796
GasProduction1,848,191 Mcf$11,044,822
Total$11,167,618

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 31.6799, -94.2312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67994, -94.23120 · 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
7,157 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 7,157 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-419312711H7,157 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 (216)

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

216 months

May 2026069106.413.05$210
Apr 202605898.932.87$166
Mar 202606889.753.15$214
Feb 202605863.503.75$218
Jan 202603359.138.00$264
Dec 202507056.664.41$309
Nov 202506558.593.93$255
Oct 202506859.383.30$225
Sep 202507362.743.08$225
Aug 202507663.933.01$229
Jul 202508866.743.32$292
Jun 202509666.483.13$300
May 202509160.553.23$294
Apr 2025018862.363.54$666
Mar 2025020767.704.27$884
Feb 2025022270.884.34$964
Jan 2025032374.324.28$1,382
Dec 202408468.993.12$262
Nov 202409169.052.20$200
Oct 202408671.372.28$196
Sep 202406169.612.36$144
Aug 202405275.632.06$107
Jul 202405879.932.15$125
Jun 202406378.082.63$166
May 202405378.812.20$117
Apr 202405684.451.66$93
Mar 202405280.301.55$80
Feb 202406076.091.78$107
Jan 202405773.023.30$188
Dec 202302071.262.61$52
Nov 20230977.892.81$25
Oct 20230985.443.09$28
Sep 202301089.042.74$27
Aug 202301480.522.67$37
Jul 202309574.852.64$251
Jun 202304868.962.26$108
May 202302870.622.23$62
Apr 20230278.122.24$4
Mar 20230472.852.39$10
Feb 20230275.112.47$5
Jan 20230676.533.39$20
Dec 20220776.415.73$40
Nov 20220285.005.65$11
Oct 20220787.185.86$41
Sep 202201984.888.16$155
Aug 202201294.529.13$110
Jul 2022023101.587.54$173
Jun 2022021115.097.98$168
May 2022019109.378.43$160
Apr 2022044104.226.84$301
Mar 20220117108.885.08$594
Feb 2022010091.054.86$486
Jan 2022011481.844.54$517
Dec 202102371.323.90$90
Nov 202104177.435.24$215
Oct 202106879.795.71$389
Sep 2021010469.865.35$557
Aug 2021010566.024.22$443
Jul 2021011170.783.98$442
Jun 20210669.493.38$20
May 20210763.483.02$21
Apr 20210660.362.76$17
Mar 202101261.302.72$33
Feb 202105257.805.55$288
Jan 202103050.412.81$84
Dec 20201233544.642.68$5,584
Nov 202003038.772.71$81
Oct 202002436.972.48$59
Sep 202005437.091.99$108
Aug 202006439.982.39$153
Jul 202005738.371.83$104
Jun 202005034.901.69$85
May 202009616.921.81$174
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 201702,05157.272.92$5,992
Nov 201702,98155.423.12$9,296
Oct 201702,96149.292.98$8,835
Sep 201703,21347.523.09$9,919
Aug 201705,47345.373.00$16,443
Jul 201703,08443.873.09$9,521
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201702,15150.452.95$6,351
Jan 201704,43649.413.42$15,166
Dec 201605,67448.763.72$21,123
Nov 2016021642.492.64$571
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 201601,93142.521.99$3,845
Apr 201603,58336.561.99$7,134
Mar 201603,57433.011.79$6,412
Feb 201603,95626.472.06$8,164
Jan 201601,40827.352.36$3,329
Dec 201502,17832.362.00$4,359
Nov 201501,13638.792.17$2,462
Oct 201501,73343.552.43$4,205
Sep 201502,34042.992.76$6,455
Aug 201502,36140.162.87$6,782
Jul 201504,03448.152.95$11,880
Jun 201503,76756.152.88$10,860
May 201501855.212.96$53
Apr 201501849.822.71$49
Mar 20150042.892.93$0
Feb 2015026444.662.98$786
Jan 201502,29143.433.10$7,104
Dec 201403,72154.693.59$13,363
Nov 2014072670.464.25$3,087
Oct 201403,52878.303.90$13,763
Sep 201403,97386.164.05$16,073
Aug 201403,68289.394.04$14,857
Jul 201403,68696.564.18$15,406
Jun 201404,62298.164.74$21,894
May 201402,71194.734.73$12,814
Apr 201403,48395.944.81$16,750
Mar 201402,76595.895.06$13,982
Feb 201403,92597.406.19$24,304
Jan 201404,61790.404.86$22,442
Dec 201304,69791.824.35$20,453
Nov 201303,61388.853.74$13,506
Oct 201303,63297.423.78$13,727
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201303,75894.403.93$14,782
May 201304,76094.834.15$19,750
Apr 201307,84593.964.28$33,597
Mar 201308,42493.623.91$32,962
Feb 201306,29591.233.42$21,528
Jan 201304,88491.603.42$16,703
Dec 201207,77686.773.42$26,595
Nov 201207,48086.953.62$27,115
Oct 20120089.383.40$0
Sep 201207,37694.672.92$21,526
Aug 201208,85592.662.91$25,752
Jul 201209,38785.133.02$28,356
Jun 201207,05979.822.52$17,782
May 201207,05991.612.49$17,565
Apr 201200101.652.00$0
Mar 201206,043105.052.22$13,428
Feb 201200101.102.57$0
Jan 201204,87198.092.73$13,318
Dec 201106,00496.873.24$19,451
Nov 201105,62295.723.31$18,616
Oct 201104,86884.983.65$17,761
Sep 201104,12083.623.99$16,422
Aug 201104,53983.404.15$18,834
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201105,69398.134.40$25,077
Apr 201106,048105.964.33$26,208
Mar 20110096.364.06$0
Feb 201106,24785.644.18$26,112
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201005,67680.843.80$21,542
Oct 201004,94578.103.51$17,351
Sep 201002,39272.633.98$9,519
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 20090171.445.48$5
Nov 2009040,44974.593.75$151,744
Oct 2009070,00672.544.11$287,742
Sep 2009065,68965.543.06$201,320
Aug 200917370,31467.423.22$237,969
Jul 2009038,15361.133.46$132,181
Jun 2009036,47266.163.90$142,058
May 2009063,04654.743.93$247,503
Apr 200917448,94446.773.59$183,725
Mar 2009073,93242.144.06$300,090
Feb 2009037,06132.814.63$171,704
Jan 20090116,24035.865.37$624,325
Dec 200817691,65937.105.98$554,388
Nov 20080125,58455.496.86$861,551
Oct 2008180158,87875.246.92$1,113,294
Sep 2008175166,261101.767.88$1,327,461
Aug 2008522190,962114.228.48$1,679,557
Jul 20080171,968131.0811.39$1,958,618
Jun 200800131.3313.03$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   69 Mcf  × $  3.05 =       $210

────────────────────────────────────────────────────
Month total                                     $210

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/245597 is the state's own key, not one this site invented.