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FORTUNE 57-3

Operated by WATERBRIDGE STATELINE LLC (P-5 900327) in the TWO GEORGES (BONE SPRING) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42005District 08Field 92100050Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$3.5 M
Oct 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
176
no gaps in the span
Streams
2
oil, casinghead gas

The TWO GEORGES (BONE SPRING) 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 275 leases and 502 wells, and the rule below applies to all of them.

Discovered
1997-11-12
as the register files it
Field class
Oil
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 2023-03-28.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “SIGNED 09/30/2025, EFFECTIVE 10/01/2025”

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
OilDisposition39,728 bbl$3,014,312
Casinghead gasProduction147,607 Mcf$457,638
Total$3,471,950

Wells on this lease (2)

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 31.7653, -103.9512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.76526, -103.95121 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
8,396 ft
2 wells filed one
Completion to plug
7.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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

Between 7,040 and 9,752 ft, median 8,396 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2011 – Jul 2019
2 of 2 wells
Plug dates filed
Aug 2019
1 of 2 wells; 1 filed none

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3893276417,040 ftJul 2019——
42-3893276529,752 ftOct 2011Aug 2019Yes

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 (176)

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

176 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
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 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
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 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
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 201932722956.803.06$19,275
Feb 201919645550.852.79$11,237
Jan 2019011646.033.23$374
Dec 2018016446.594.19$686
Nov 2018193752.934.24$10,245
Oct 20181244361.443.40$2,243
Sep 201819259159.543.11$13,269
Aug 20183591,58759.403.07$26,191
Jul 201837618365.142.93$25,029
Jun 201852560.183.08$378
May 20181791,38465.382.90$15,718
Apr 20181931,87563.842.90$17,760
Mar 20187501,88061.222.79$51,154
Feb 2018068561.782.77$1,895
Jan 20180062.874.01$0
Dec 20173791,57757.272.92$26,313
Nov 201703,29055.423.12$10,259
Oct 20171791,72049.292.98$13,955
Sep 2017096447.523.09$2,976
Aug 20171762,97045.373.00$16,908
Jul 20171772,54043.873.09$15,607
Jun 20171612,92742.493.09$15,877
May 20175453,21445.373.26$35,215
Apr 20173702,49647.933.21$25,750
Mar 2017059446.772.98$1,772
Feb 20175612,67850.452.95$36,210
Jan 20177492,10249.413.42$44,194
Dec 2016053848.763.72$2,003
Nov 2016057842.492.64$1,528
Oct 20163411,74046.193.09$21,128
Sep 20163491,12641.553.10$17,992
Aug 20163691541.442.92$15,335
Jul 2016028041.622.92$819
Jun 201636350945.352.69$17,829
May 20165641,01742.521.99$26,006
Apr 201601,97236.561.99$3,926
Mar 20163702,37633.011.79$16,476
Feb 201656092026.472.06$16,722
Jan 20161911,47827.352.36$8,718
Dec 20153701,58332.362.00$15,141
Nov 20153811,43238.792.17$17,883
Oct 20151862,80143.552.43$14,897
Sep 20153761,45842.992.76$20,186
Aug 20157291,13740.162.87$32,543
Jul 20153721,79548.152.95$23,198
Jun 20151861,46756.152.88$14,673
May 20153601,64855.212.96$24,746
Apr 20159221,48949.822.71$49,964
Mar 20153701,37242.892.93$19,896
Feb 201519098144.662.98$11,405
Jan 20157511,02843.433.10$35,803
Dec 20149451,71754.693.59$57,848
Nov 2014011170.464.25$472
Oct 201456043278.303.90$45,533
Sep 2014091186.164.05$3,685
Aug 20147391,80589.394.04$73,343
Jul 20143632,05396.564.18$43,632
Jun 20143721,88898.164.74$45,459
May 20143741,71694.734.73$43,540
Apr 20143681,84795.944.81$44,188
Mar 201437763095.895.06$39,336
Feb 20143822,16797.406.19$50,625
Jan 201437624190.404.86$35,162
Dec 20139103691.824.35$83,713
Nov 2013024788.853.74$923
Oct 20133831,48497.423.78$42,920
Sep 20133841,189104.113.72$44,399
Aug 20139212,109104.253.52$103,443
Jul 20133591,237102.523.72$41,404
Jun 2013185094.403.93$17,464
May 201335638594.834.15$35,357
Apr 20137361,96993.964.28$77,587
Mar 20135592,28493.623.91$61,271
Feb 20133731,31091.233.42$38,509
Jan 20135092,09491.603.42$53,786
Dec 20127432,58586.773.42$73,311
Nov 20127501,92786.953.62$72,198
Oct 20121904,99489.383.40$33,960
Sep 201270066494.672.92$68,207
Aug 201268539492.662.91$64,618
Jul 20129121,59085.133.02$82,442
Jun 20129243,95579.822.52$83,716
May 201273475991.612.49$69,130
Apr 20121,4816,010101.652.00$162,544
Mar 20127495,625105.052.22$91,182
Feb 20121,1145,392101.102.57$126,484
Jan 20121,5027,32898.092.73$167,367
Dec 20111,4566,65596.873.24$162,603
Nov 20118062,43195.723.31$85,200
Oct 20112,072084.983.65$176,079

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.

Mar 2019 — as filed, then multipliedworked
Oil                  327 bbl  × $ 56.80 =    $18,574
Casinghead gas       229 Mcf  × $  3.06 =       $701

────────────────────────────────────────────────────
Month total                                  $19,275

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/O/42005 is the state's own key, not one this site invented.