LEDBETTER 66

Name: LEDBETTER 66 lease production and value, Dec 2006 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225232District 10Field 861252502 tax incentive programmesCondensateGasSave Export

Value, all time

$6.3 M

Dec 2006 – May 2021

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

174

no gaps in the span

Streams

condensate, gas

The STILES RANCH (GRANITE WASH CONS) 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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered

2008-06-24

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 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 2011-10-11.

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2007-05-04	174646
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	26,944 bbl	$1,997,580
Gas	Production	755,479 Mcf	$4,325,202
Total			$6,322,781

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 35.4287, -100.0691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.42868, -100.06911 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

14,303 ft

1 wells filed one

Completion to plug

11.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 14,303 ft.

Completions filed

Dec 2006

1 of 1 wells

Plug dates filed

Feb 2018

1 of 1 wells

Last completion to plug: a median of 11.2 years across the 1 well that filed both dates, with the middle half between 11.2 years and 11.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48332081	6	14,303 ft	Dec 2006	Feb 2018	Yes

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 (174)

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

174 months


May 2021	0	0	63.48	3.02	$0
Apr 2021	0	0	60.36	2.76	$0
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	78	0	38.77	2.71	$3,024
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	553	62.87	4.01	$2,217
Dec 2017	140	1,093	57.27	2.92	$11,211
Nov 2017	0	963	55.42	3.12	$3,003
Oct 2017	0	996	49.29	2.98	$2,972
Sep 2017	0	1,108	47.52	3.09	$3,421
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	1,231	43.87	3.09	$3,800
Jun 2017	0	955	42.49	3.09	$2,948
May 2017	0	1,083	45.37	3.26	$3,534
Apr 2017	0	1,022	47.93	3.21	$3,282
Mar 2017	0	1,014	46.77	2.98	$3,025
Feb 2017	0	888	50.45	2.95	$2,622
Jan 2017	0	1,098	49.41	3.42	$3,754
Dec 2016	0	1,001	48.76	3.72	$3,727
Nov 2016	0	873	42.49	2.64	$2,309
Oct 2016	0	616	46.19	3.09	$1,904
Sep 2016	0	734	41.55	3.10	$2,276
Aug 2016	0	406	41.44	2.92	$1,187
Jul 2016	0	1,324	41.62	2.92	$3,872
Jun 2016	0	1,391	45.35	2.69	$3,736
May 2016	0	1,402	42.52	1.99	$2,791
Apr 2016	0	1,341	36.56	1.99	$2,670
Mar 2016	0	1,372	33.01	1.79	$2,461
Feb 2016	0	1,308	26.47	2.06	$2,699
Jan 2016	0	1,415	27.35	2.36	$3,346
Dec 2015	133	1,341	32.36	2.00	$6,988
Nov 2015	0	1,467	38.79	2.17	$3,179
Oct 2015	0	1,479	43.55	2.43	$3,589
Sep 2015	1	1,070	42.99	2.76	$2,995
Aug 2015	0	910	40.16	2.87	$2,614
Jul 2015	0	1,607	48.15	2.95	$4,733
Jun 2015	0	1,390	56.15	2.88	$4,007
May 2015	0	1,417	55.21	2.96	$4,188
Apr 2015	0	1,397	49.82	2.71	$3,781
Mar 2015	0	1,446	42.89	2.93	$4,244
Feb 2015	0	1,314	44.66	2.98	$3,911
Jan 2015	0	1,594	43.43	3.10	$4,942
Dec 2014	0	1,433	54.69	3.59	$5,146
Nov 2014	0	1,370	70.46	4.25	$5,825
Oct 2014	0	1,441	78.30	3.90	$5,621
Sep 2014	177	1,559	86.16	4.05	$21,557
Aug 2014	0	2,121	89.39	4.04	$8,558
Jul 2014	0	2,349	96.56	4.18	$9,818
Jun 2014	0	1,820	98.16	4.74	$8,621
May 2014	179	2,798	94.73	4.73	$30,182
Apr 2014	0	3,493	95.94	4.81	$16,798
Mar 2014	183	3,847	95.89	5.06	$37,001
Feb 2014	0	3,081	97.40	6.19	$19,078
Jan 2014	177	4,001	90.40	4.86	$35,449
Dec 2013	1	4,151	91.82	4.35	$18,167
Nov 2013	179	4,182	88.85	3.74	$31,538
Oct 2013	3	4,392	97.42	3.78	$16,891
Sep 2013	180	4,263	104.11	3.72	$34,589
Aug 2013	179	4,566	104.25	3.52	$34,745
Jul 2013	2	4,428	102.52	3.72	$16,667
Jun 2013	186	4,455	94.40	3.93	$35,082
May 2013	181	4,023	94.83	4.15	$33,856
Apr 2013	6	4,308	93.96	4.28	$19,013
Mar 2013	171	3,981	93.62	3.91	$31,586
Feb 2013	11	3,530	91.23	3.42	$13,076
Jan 2013	169	4,291	91.60	3.42	$30,155
Dec 2012	2	2,810	86.77	3.42	$9,784
Nov 2012	1	3,553	86.95	3.62	$12,966
Oct 2012	187	5,433	89.38	3.40	$35,185
Sep 2012	193	6,330	94.67	2.92	$36,745
Aug 2012	105	2,784	92.66	2.91	$17,826
Jul 2012	194	5,635	85.13	3.02	$33,537
Jun 2012	2	4,687	79.82	2.52	$11,966
May 2012	363	4,995	91.61	2.49	$45,684
Apr 2012	5	7,480	101.65	2.00	$15,444
Mar 2012	357	7,150	105.05	2.22	$53,391
Feb 2012	204	5,314	101.10	2.57	$34,283
Jan 2012	181	5,306	98.09	2.73	$32,261
Dec 2011	386	8,185	96.87	3.24	$63,909
Nov 2011	190	5,662	95.72	3.31	$36,935
Oct 2011	185	1,305	84.98	3.65	$20,483
Sep 2011	203	4,031	83.62	3.99	$33,042
Aug 2011	360	4,547	83.40	4.15	$48,891
Jul 2011	191	13,156	94.14	4.52	$77,410
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	178	2,647	105.96	4.33	$30,331
Mar 2011	221	1,357	96.36	4.06	$26,801
Feb 2011	0	3,580	85.64	4.18	$14,964
Jan 2011	200	4,065	86.50	4.59	$35,953
Dec 2010	203	4,590	85.73	4.35	$37,359
Nov 2010	2	4,978	80.84	3.80	$19,055
Oct 2010	407	5,296	78.10	3.51	$50,370
Sep 2010	190	5,189	72.63	3.98	$34,449
Aug 2010	4	5,350	73.68	4.42	$23,938
Jul 2010	184	5,793	72.55	4.74	$40,788
Jun 2010	193	5,679	70.36	4.91	$41,466
May 2010	403	6,203	71.12	4.24	$54,932
Apr 2010	3	6,107	81.69	4.12	$25,422
Mar 2010	376	6,213	78.39	4.39	$56,741
Feb 2010	184	5,701	73.58	5.44	$44,566
Jan 2010	197	6,359	74.36	5.96	$52,575
Dec 2009	195	6,206	71.44	5.48	$47,963
Nov 2009	192	6,301	74.59	3.75	$37,959
Oct 2009	353	6,666	72.54	4.11	$53,006
Sep 2009	202	6,510	65.54	3.06	$33,191
Aug 2009	181	6,537	67.42	3.22	$33,242
Jul 2009	335	6,691	61.13	3.46	$43,660
Jun 2009	393	6,440	66.16	3.90	$51,085
May 2009	202	6,856	54.74	3.93	$37,972
Apr 2009	407	6,832	46.77	3.59	$43,545
Mar 2009	213	6,610	42.14	4.06	$35,806
Feb 2009	403	6,420	32.81	4.63	$42,966
Jan 2009	226	6,648	35.86	5.37	$43,811
Dec 2008	218	5,272	37.10	5.98	$39,599
Nov 2008	204	5,216	55.49	6.86	$47,104
Oct 2008	219	6,451	75.24	6.92	$61,131
Sep 2008	391	6,988	101.76	7.88	$94,833
Aug 2008	193	7,539	114.22	8.48	$85,998
Jul 2008	380	7,712	131.08	11.39	$137,646
Jun 2008	200	7,756	131.33	13.03	$127,347
May 2008	198	7,449	123.17	11.57	$110,605
Apr 2008	199	7,132	110.31	10.45	$96,516
Mar 2008	220	10,446	101.90	9.66	$123,369
Feb 2008	780	10,683	92.53	8.77	$165,870
Jan 2008	255	11,089	90.38	8.21	$114,040
Dec 2007	437	12,131	88.33	7.30	$127,180
Nov 2007	593	12,619	91.67	7.29	$146,374
Oct 2007	422	15,064	82.85	6.92	$139,235
Sep 2007	597	16,087	75.84	6.24	$145,726
Aug 2007	610	19,757	69.06	6.39	$168,333
Jul 2007	988	22,271	70.90	6.39	$212,315
Jun 2007	814	24,687	62.00	7.55	$236,817
May 2007	1,052	26,946	58.74	7.85	$273,220
Apr 2007	876	10,950	59.61	7.81	$137,685
Mar 2007	221	11,728	56.92	7.30	$98,217
Feb 2007	1,409	30,586	55.10	8.22	$328,930
Jan 2007	2,175	50,681	50.30	6.73	$450,326
Dec 2006	1,401	30,550	56.65	6.92	$290,725

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 2020 — as filed, then multipliedworked

Condensate            78 bbl  × $ 38.77 =     $3,024
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $3,024

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. 10/G/225232 is the state's own key, not one this site invented.