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 250219District 06Field 028703002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Oct 2008 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
212
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 Gas112009-09-29194481
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
CondensateDisposition1,019 bbl$67,990
GasProduction1,099,682 Mcf$5,167,605
Total$5,235,595

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 31.6798, -94.2261. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67981, -94.22609 · 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
7,054 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 7,054 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-419313392H7,054 ftOct 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 (212)

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

212 months

May 2026044106.413.05$134
Apr 202605198.932.87$146
Mar 202605689.753.15$176
Feb 202601063.503.75$38
Jan 202601659.138.00$128
Dec 202505856.664.41$256
Nov 202505858.593.93$228
Oct 202505959.383.30$195
Sep 202506062.743.08$185
Aug 202506163.933.01$184
Jul 202505966.743.32$196
Jun 202505366.483.13$166
May 202506060.553.23$194
Apr 202506762.363.54$237
Mar 202506167.704.27$260
Feb 202505670.884.34$243
Jan 202505374.324.28$227
Dec 202405668.993.12$175
Nov 202406869.052.20$149
Oct 202405371.372.28$121
Sep 202406869.612.36$161
Aug 202405375.632.06$109
Jul 202406179.932.15$131
Jun 202405278.082.63$137
May 202406078.812.20$132
Apr 202405384.451.66$88
Mar 202405480.301.55$83
Feb 202405676.091.78$100
Jan 202405873.023.30$191
Dec 20230971.262.61$24
Nov 20230577.892.81$14
Oct 20230385.443.09$9
Sep 20230189.042.74$3
Aug 20230880.522.67$21
Jul 202301074.852.64$26
Jun 202302368.962.26$52
May 202301670.622.23$36
Apr 20230278.122.24$4
Mar 20230572.852.39$12
Feb 20230175.112.47$2
Jan 20230476.533.39$14
Dec 20220376.415.73$17
Nov 20220185.005.65$6
Oct 20220287.185.86$12
Sep 20220684.888.16$49
Aug 20220694.529.13$55
Jul 2022013101.587.54$98
Jun 2022011115.097.98$88
May 202209109.378.43$76
Apr 202203104.226.84$21
Mar 2022010108.885.08$51
Feb 20220991.054.86$44
Jan 202204081.844.54$182
Dec 20210271.323.90$8
Nov 20210477.435.24$21
Oct 202101379.795.71$74
Sep 202103369.865.35$177
Aug 20210266.024.22$8
Jul 20210570.783.98$20
Jun 20210669.493.38$20
May 20210663.483.02$18
Apr 20210860.362.76$22
Mar 20210861.302.72$22
Feb 202102857.805.55$155
Jan 202101850.412.81$51
Dec 202002644.642.68$70
Nov 202001138.772.71$30
Oct 202001036.972.48$25
Sep 202001937.091.99$38
Aug 202002339.982.39$55
Jul 202001538.371.83$27
Jun 202003634.901.69$61
May 2020010016.921.81$181
Apr 2020010414.751.80$188
Mar 202006730.341.86$124
Feb 20200949.881.98$18
Jan 202005957.252.09$124
Dec 201907159.012.30$164
Nov 201908955.302.75$245
Oct 201906353.472.42$152
Sep 201903455.052.66$90
Aug 20190153.112.30$2
Jul 20190056.272.46$0
Jun 2019010052.782.49$249
May 2019097158.482.74$2,661
Apr 2019095762.632.75$2,632
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 20170057.272.92$0
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 201208,88289.383.40$30,196
Sep 20120094.672.92$0
Aug 2012033892.662.91$983
Jul 201204,02685.133.02$12,162
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201202,976105.052.22$6,613
Feb 201200101.102.57$0
Jan 201202,76398.092.73$7,554
Dec 201103,40696.873.24$11,035
Nov 201103,31095.723.31$10,960
Oct 201102,45384.983.65$8,950
Sep 201102,41583.623.99$9,626
Aug 201102,64883.404.15$10,987
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201103,43798.134.40$15,139
Apr 201103,806105.964.33$16,492
Mar 20110096.364.06$0
Feb 201104,03385.644.18$16,858
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201003,64380.843.80$13,826
Oct 201002,81578.103.51$9,878
Sep 20101326,85572.633.98$36,866
Aug 20103555,59173.684.42$50,865
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201003571.124.24$148
Apr 20101783381.694.12$14,677
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090171.445.48$5
Nov 2009016,57274.593.75$62,170
Oct 2009074,20572.544.11$305,001
Sep 2009075,38065.543.06$231,021
Aug 200917672,38167.423.22$244,824
Jul 2009036,65961.133.46$127,005
Jun 2009057,58766.163.90$224,301
May 2009087,85254.743.93$344,885
Apr 2009074,57146.773.59$267,523
Mar 2009055,10042.144.06$223,651
Feb 200917872,47232.814.63$341,603
Jan 20090108,85935.865.37$584,682
Dec 2008091,04537.105.98$544,189
Nov 20080133,54255.496.86$916,146
Oct 2008075,31975.246.92$521,357

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                   44 Mcf  × $  3.05 =       $134

────────────────────────────────────────────────────
Month total                                     $134

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/250219 is the state's own key, not one this site invented.