EDWARDS

Operated by BEST PETROLEUM EXPLORATIONS,INC. (P-5 68287) in the JMG MAG (MISS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198777District 09Field 450992502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Jan 2003 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
281
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 180 leases and 205 wells, and the rule below applies to all of them.

Discovered
2000-08-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: DONE THIS TWENTY-FIFTH DAY OF APRIL, 2005

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 Gas112009-07-10192880
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
CondensateDisposition692 bbl$45,250
GasProduction483,326 Mcf$2,368,929
Total$2,414,180

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 33.1312, -98.0473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.13120, -98.04734 · 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
6,180 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 6,180 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-2373874516,180 ftJan 2004

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 (281)

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

281 months

May 202601,872106.413.05$5,702
Apr 202601,88198.932.87$5,398
Mar 202601,91089.753.15$6,015
Feb 202601,84063.503.75$6,901
Jan 202601,94059.138.00$15,516
Dec 202502,12356.664.41$9,370
Nov 202501,45058.593.93$5,693
Oct 202502,20359.383.30$7,281
Sep 202501,70962.743.08$5,258
Aug 202502,17563.933.01$6,557
Jul 202502,22466.743.32$7,373
Jun 202502,19966.483.13$6,880
May 202502,40460.553.23$7,771
Apr 202502,22962.363.54$7,898
Mar 202502,56167.704.27$10,931
Feb 202502,34570.884.34$10,179
Jan 202502,71974.324.28$11,634
Dec 202402,79068.993.12$8,709
Nov 202402,76269.052.20$6,072
Oct 202402,81671.372.28$6,424
Sep 202402,85769.612.36$6,755
Aug 202402,96475.632.06$6,117
Jul 202402,94879.932.15$6,328
Jun 2024272,99078.082.63$9,984
May 202403,35678.812.20$7,378
Apr 202403,27984.451.66$5,441
Mar 202402,50480.301.55$3,869
Feb 202402,41876.091.78$4,313
Jan 202402,48973.023.30$8,208
Dec 202303,04771.262.61$7,955
Nov 202303,67277.892.81$10,309
Oct 202303,65185.443.09$11,272
Sep 202304,00089.042.74$10,940
Aug 202303,48480.522.67$9,312
Jul 202304,19274.852.64$11,074
Jun 202303,21368.962.26$7,257
May 202304,50070.622.23$10,023
Apr 202304,59178.122.24$10,274
Mar 202305,14172.852.39$12,303
Feb 202304,60075.112.47$11,342
Jan 202305,67376.533.39$19,219
Dec 202205,21876.415.73$29,894
Nov 202205,52785.005.65$31,207
Oct 202205,50087.185.86$32,251
Sep 202205,71584.888.16$46,655
Aug 202205,95694.529.13$54,361
Jul 202205,520101.587.54$41,632
Jun 202206,115115.097.98$48,781
May 202205,598109.378.43$47,208
Apr 202206,242104.226.84$42,680
Mar 202207,305108.885.08$37,083
Feb 202206,20591.054.86$30,149
Jan 202206,20481.844.54$28,152
Dec 202104,78071.323.90$18,638
Nov 202103,17577.435.24$16,627
Oct 202103,11279.795.71$17,782
Sep 202102,80169.865.35$14,988
Aug 202103,31766.024.22$14,000
Jul 202104,22170.783.98$16,808
Jun 202103,18469.493.38$10,764
May 202103,91263.483.02$11,805
Apr 202103,70460.362.76$10,217
Mar 202101,90961.302.72$5,187
Feb 2021047057.805.55$2,608
Jan 2021056650.412.81$1,591
Dec 2020063144.642.68$1,688
Nov 2020065938.772.71$1,784
Oct 2020073136.972.48$1,812
Sep 2020072637.091.99$1,446
Aug 2020076239.982.39$1,817
Jul 2020082938.371.83$1,513
Jun 2020086134.901.69$1,455
May 2020093616.921.81$1,699
Apr 202001,00314.751.80$1,810
Mar 202001,19830.341.86$2,224
Feb 202001,29449.881.98$2,563
Jan 2020065157.252.09$1,364
Dec 2019062859.012.30$1,447
Nov 2019062355.302.75$1,714
Oct 2019049253.472.42$1,190
Sep 2019062155.052.66$1,650
Aug 2019060653.112.30$1,396
Jul 2019068456.272.46$1,683
Jun 2019059652.782.49$1,485
May 2019071158.482.74$1,948
Apr 2019070662.632.75$1,942
Mar 2019079256.803.06$2,425
Feb 2019080450.852.79$2,245
Jan 2019094746.033.23$3,057
Dec 201801,05046.594.19$4,395
Nov 2018057452.934.24$2,432
Oct 2018049761.443.40$1,689
Sep 2018086359.543.11$2,682
Aug 2018087659.403.07$2,686
Jul 2018084465.142.93$2,475
Jun 2018083160.183.08$2,557
May 2018086665.382.90$2,512
Apr 20189182163.842.90$8,191
Mar 2018083361.222.79$2,321
Feb 2018078761.782.77$2,177
Jan 2018094262.874.01$3,777
Dec 2017092157.272.92$2,691
Nov 2017089855.423.12$2,800
Oct 201701,10149.292.98$3,285
Sep 2017061347.523.09$1,893
Aug 2017073445.373.00$2,205
Jul 2017048243.873.09$1,488
Jun 2017053842.493.09$1,661
May 2017059645.373.26$1,945
Apr 2017063347.933.21$2,033
Mar 2017074446.772.98$2,220
Feb 2017067050.452.95$1,978
Jan 2017093249.413.42$3,186
Dec 2016094048.763.72$3,499
Nov 2016037142.492.64$981
Oct 2016044646.193.09$1,378
Sep 2016043741.553.10$1,355
Aug 2016048241.442.92$1,410
Jul 2016051041.622.92$1,491
Jun 2016052445.352.69$1,407
May 2016060842.521.99$1,211
Apr 2016059536.561.99$1,185
Mar 2016064933.011.79$1,164
Feb 2016064426.472.06$1,329
Jan 2016074327.352.36$1,757
Dec 2015079532.362.00$1,591
Nov 2015084538.792.17$1,831
Oct 2015073643.552.43$1,786
Sep 2015083242.992.76$2,295
Aug 2015049040.162.87$1,408
Jul 2015060548.152.95$1,782
Jun 2015069756.152.88$2,009
May 2015075655.212.96$2,234
Apr 2015069349.822.71$1,876
Mar 20159163642.892.93$5,769
Feb 2015050244.662.98$1,494
Jan 2015063443.433.10$1,966
Dec 2014063854.693.59$2,291
Nov 2014059270.464.25$2,517
Oct 2014084878.303.90$3,308
Sep 2014079186.164.05$3,200
Aug 2014092289.394.04$3,720
Jul 2014085496.564.18$3,569
Jun 2014084098.164.74$3,979
May 2014091394.734.73$4,315
Apr 2014094295.944.81$4,530
Mar 2014081695.895.06$4,126
Feb 2014055897.406.19$3,455
Jan 2014085290.404.86$4,141
Dec 2013091091.824.35$3,963
Nov 2013089088.853.74$3,327
Oct 201301,53597.423.78$5,801
Sep 20131071,679104.113.72$17,382
Aug 20130541104.253.52$1,906
Jul 20130892102.523.72$3,316
Jun 2013093094.403.93$3,658
May 2013091294.834.15$3,784
Apr 2013085193.964.28$3,644
Mar 2013023493.623.91$916
Feb 2013084991.233.42$2,904
Jan 2013083991.603.42$2,869
Dec 2012088286.773.42$3,017
Nov 2012064086.953.62$2,320
Oct 2012090489.383.40$3,073
Sep 2012076494.672.92$2,230
Aug 2012079792.662.91$2,318
Jul 2012080085.133.02$2,417
Jun 2012070279.822.52$1,768
May 2012075491.612.49$1,876
Apr 20120580101.652.00$1,158
Mar 20120610105.052.22$1,355
Feb 20120581101.102.57$1,493
Jan 2012073998.092.73$2,020
Dec 2011053896.873.24$1,743
Nov 2011085795.723.31$2,838
Oct 2011074684.983.65$2,722
Sep 2011049483.623.99$1,969
Aug 2011053983.404.15$2,236
Jul 2011056494.144.52$2,548
Jun 2011019992.904.64$923
May 2011039998.134.40$1,758
Apr 201158462105.964.33$8,148
Mar 2011088396.364.06$3,583
Feb 2011091685.644.18$3,829
Jan 2011094886.504.59$4,350
Dec 201001,22085.734.35$5,304
Nov 201001,19680.843.80$4,539
Oct 201001,40678.103.51$4,934
Sep 2010086672.633.98$3,446
Aug 201001,33873.684.42$5,913
Jul 201001,09172.554.74$5,168
Jun 201001,18070.364.91$5,794
May 201001,20271.124.24$5,091
Apr 201001,37581.694.12$5,669
Mar 201001,82278.394.39$7,996
Feb 201001,44573.585.44$7,864
Jan 201001,46174.365.96$8,714
Dec 200901,45571.445.48$7,979
Nov 200901,95774.593.75$7,342
Oct 200902,25372.544.11$9,260
Sep 200901,87565.543.06$5,746
Aug 200902,02967.423.22$6,530
Jul 200901,09661.133.46$3,797
Jun 2009451,79966.163.90$9,984
May 200901,36654.743.93$5,363
Apr 200901,86246.773.59$6,680
Mar 200901,87742.144.06$7,619
Feb 200901,20732.814.63$5,592
Jan 200901,22435.865.37$6,574
Dec 200801,66337.105.98$9,940
Nov 2008094855.496.86$6,504
Oct 200801,41975.246.92$9,822
Sep 200801,685101.767.88$13,273
Aug 200801,320114.228.48$11,198
Jul 200801,267131.0811.39$14,430
Jun 200801,346131.3313.03$17,542
May 200801,675123.1711.57$19,387
Apr 200801,297110.3110.45$13,560
Mar 200801,714101.909.66$16,564
Feb 200801,27292.538.77$11,156
Jan 200801,95590.388.21$16,042
Dec 200701,61288.337.30$11,771
Nov 200702,03191.677.29$14,809
Oct 200701,32882.856.92$9,192
Sep 200701,96975.846.24$12,295
Aug 200701,38969.066.39$8,873
Jul 200701,39470.906.39$8,905
Jun 200701,60762.007.55$12,130
May 200701,48358.747.85$11,636
Apr 200701,39059.617.81$10,849
Mar 200701,40356.927.30$10,245
Feb 200701,28555.108.22$10,558
Jan 200701,65450.306.73$11,126
Dec 2006501,46756.656.92$12,982
Nov 200601,61154.207.62$12,272
Oct 200601,43154.906.01$8,606
Sep 200611,33960.085.04$6,805
Aug 2006092368.717.34$6,775
Jul 2006179569.376.34$5,112
Jun 2006070666.286.38$4,507
May 200631,07666.016.42$7,111
Apr 200601,30464.397.36$9,598
Mar 200631,32656.707.08$9,562
Feb 200601,23557.597.75$9,573
Jan 200601,47660.598.93$13,186
Dec 200531,16754.9413.42$15,821
Nov 200502,81854.6910.59$29,838
Oct 200502,71558.3413.80$37,455
Sep 2005682,90061.4512.08$39,208
Aug 200502,74361.519.80$26,873
Jul 200502,99155.697.84$23,460
Jun 200502,99152.337.38$22,077
May 200503,16645.226.65$21,058
Apr 200503,32449.207.36$24,466
Mar 200513,26350.377.15$23,397
Feb 200503,28245.226.31$20,716
Jan 200503,55843.166.32$22,494
Dec 200403,80039.866.75$25,654
Nov 200403,52445.286.33$22,308
Oct 200413,68349.706.52$24,045
Sep 200403,65843.245.28$19,329
Aug 200404,09942.375.55$22,752
Jul 20041324,29538.286.08$31,185
Jun 200424,38936.106.43$28,307
May 200404,26637.486.49$27,706
Apr 200424,26734.475.86$25,067
Mar 200434,76334.365.53$26,443
Feb 200405,04132.455.51$27,774
Jan 200431,01632.036.30$6,497
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$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                1,872 Mcf  × $  3.05 =     $5,702

────────────────────────────────────────────────────
Month total                                   $5,702

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. 09/G/198777 is the state's own key, not one this site invented.