JOSEPHINE 38

Operated by TC OIL AND GAS, LLC (P-5 840303) in the TOYAH, NW (SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255608District 08Field 908907002 tax incentive programmesGasSaveExport
Value, all time
$4.2 M
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
no gaps in the span
Streams
1
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 53 leases and 53 wells, and the rule below applies to all of them.

Discovered
2006-04-29
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 2017-08-15.

The Commission's schedule remark for this field reads: STATEWIDE.

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 Gas112012-03-23205299
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
GasProduction1,068,995 Mcf$4,191,796
Total$4,191,796

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 31.2866, -104.1233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.28662, -104.12333 · 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
14,260 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 14,260 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-10932289114,260 ftDec 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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 20191055.302.75$28
Oct 201932953.472.42$796
Sep 201947055.052.66$1,249
Aug 20192,65053.112.30$6,107
Jul 201951356.272.46$1,262
Jun 201964752.782.49$1,612
May 20191,17458.482.74$3,217
Apr 201971962.632.75$1,978
Mar 201985756.803.06$2,624
Feb 20191,47250.852.79$4,110
Jan 2019046.033.23$0
Dec 20181,94946.594.19$8,157
Nov 20182,26152.934.24$9,580
Oct 20183,82261.443.40$12,987
Sep 20182,14059.543.11$6,651
Aug 20181,29859.403.07$3,980
Jul 20183,65865.142.93$10,725
Jun 20182,34960.183.08$7,228
May 20184,60465.382.90$13,355
Apr 20184,54263.842.90$13,175
Mar 20184,59661.222.79$12,808
Feb 20183,26561.782.77$9,031
Jan 20184,79262.874.01$19,213
Dec 20172,69457.272.92$7,871
Nov 20174,07055.423.12$12,692
Oct 20175,81649.292.98$17,353
Sep 20173,86747.523.09$11,939
Aug 20171,14945.373.00$3,452
Jul 20174,36343.873.09$13,470
Jun 20172,38542.493.09$7,363
May 20176,63845.373.26$21,662
Apr 20173,19547.933.21$10,261
Mar 20172,02246.772.98$6,033
Feb 20173,39450.452.95$10,021
Jan 20172,81549.413.42$9,624
Dec 20165,23148.763.72$19,474
Nov 20164,49542.492.64$11,886
Oct 20164,86146.193.09$15,022
Sep 20164,67341.553.10$14,489
Aug 20163,91741.442.92$11,455
Jul 20164,86041.622.92$14,212
Jun 20164,79145.352.69$12,868
May 20164,11142.521.99$8,185
Apr 20167,70836.561.99$15,347
Mar 20163,10333.011.79$5,567
Feb 20166,23826.472.06$12,873
Jan 20165,17227.352.36$12,228
Dec 20154,44732.362.00$8,900
Nov 20156,25338.792.17$13,552
Oct 20153,78843.552.43$9,192
Sep 20156,56142.992.76$18,098
Aug 20157,78540.162.87$22,362
Jul 20157,01048.152.95$20,645
Jun 20157,36856.152.88$21,241
May 20157,44755.212.96$22,009
Apr 20157,53449.822.71$20,391
Mar 20157,31242.892.93$21,459
Feb 20155,87644.662.98$17,488
Jan 20155,81643.433.10$18,033
Dec 20147,85454.693.59$28,207
Nov 20146,18870.464.25$26,310
Oct 20146,83678.303.90$26,667
Sep 20148,89286.164.05$35,972
Aug 20142,95489.394.04$11,920
Jul 20148,80696.564.18$36,806
Jun 20148,98598.164.74$42,561
May 201411,58194.734.73$54,738
Apr 201412,73295.944.81$61,230
Mar 201426,21495.895.06$132,559
Feb 20142,22597.406.19$13,777
Jan 20141,17790.404.86$5,721
Dec 20131,22291.824.35$5,321
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 20126,88692.662.91$20,026
Jul 20129,06385.133.02$27,378
Jun 201210,30979.822.52$25,969
May 201210,28891.612.49$25,600
Apr 201210,675101.652.00$21,316
Mar 201212,486105.052.22$27,745
Feb 201210,594101.102.57$27,229
Jan 201214,80498.092.73$40,475
Dec 20111,59696.873.24$5,171
Nov 20112,29695.723.31$7,603
Oct 20114,60584.983.65$16,802
Sep 20115,48683.623.99$21,866
Aug 20117,72483.404.15$32,049
Jul 20116,13994.144.52$27,731
Jun 20115,00092.904.64$23,199
May 20116,96898.134.40$30,693
Apr 20118,158105.964.33$35,351
Mar 20116,54096.364.06$26,535
Feb 20115,02585.644.18$21,004
Jan 20115,26586.504.59$24,160
Dec 201010,61585.734.35$46,151
Nov 20102,80980.843.80$10,661
Oct 20107,36478.103.51$25,839
Sep 20107,13372.633.98$28,386
Aug 201015,38573.684.42$67,992
Jul 201014,70972.554.74$69,669
Jun 201015,42270.364.91$75,728
May 201017,49171.124.24$74,078
Apr 201017,54881.694.12$72,345
Mar 201018,81678.394.39$82,577
Feb 201017,70773.585.44$96,368
Jan 201021,43774.365.96$127,852
Dec 200923,00571.445.48$126,154
Nov 200923,90274.593.75$89,668
Oct 200925,46872.544.11$104,680
Sep 200925,55565.543.06$78,320
Aug 200928,46567.423.22$91,615
Jul 200929,23461.133.46$101,281
Jun 200929,54066.163.90$115,058
May 200933,82754.743.93$132,796
Apr 200935,67646.773.59$127,988
Mar 200940,67242.144.06$165,088
Feb 200940,81832.814.63$189,110
Jan 200950,66435.865.37$272,116
Dec 200829,90937.105.98$178,770
Nov 20081,56755.496.86$10,750
Oct 20081,80275.246.92$12,473

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.

Nov 2019 — as filed, then multipliedworked
Gas                   10 Mcf  × $  2.75 =        $28

────────────────────────────────────────────────────
Month total                                      $28

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. 08/G/255608 is the state's own key, not one this site invented.