LEDBETTER 66

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 227996District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.1 M
Feb 2007 – May 2026
Value, last 12 filed months
$280 k
at the published price for each month
Months reported
232
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-07-25175021
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
CondensateDisposition7,872 bbl$589,068
GasProduction4,225,561 Mcf$23,534,643
Total$24,123,711

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 35.4173, -100.0742. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.41725, -100.07418 · 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
16,500 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 16,500 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-48332156716,500 ftFeb 2007

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 (232)

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

232 months

May 202605,598106.413.05$17,051
Apr 202635,74898.932.87$16,792
Mar 2026768,22689.753.15$32,728
Feb 202606,41563.503.75$24,058
Jan 202604,04559.138.00$32,352
Dec 202506,46056.664.41$28,510
Nov 202508,57858.593.93$33,681
Oct 202506,51459.383.30$21,528
Sep 202506,37962.743.08$19,628
Aug 202506,70363.933.01$20,208
Jul 202504,67766.743.32$15,505
Jun 202505,88866.483.13$18,422
May 202505,37760.553.23$17,380
Apr 202505,38262.363.54$19,069
Mar 202506,07567.704.27$25,930
Feb 202504,51470.884.34$19,595
Jan 2025375,25474.324.28$25,230
Dec 202406,84268.993.12$21,356
Nov 202406,86369.052.20$15,088
Oct 202406,98871.372.28$15,942
Sep 202406,54069.612.36$15,463
Aug 202404,83175.632.06$9,969
Jul 202405,96379.932.15$12,800
Jun 202405,09978.082.63$13,431
May 202405,52778.812.20$12,151
Apr 202404,77484.451.66$7,921
Mar 202406,02680.301.55$9,311
Feb 202402,08276.091.78$3,714
Jan 2024885,90073.023.30$25,882
Dec 202304,63271.262.61$12,093
Nov 202301,02577.892.81$2,878
Oct 202302,04285.443.09$6,304
Sep 202305,28089.042.74$14,441
Aug 202305,23380.522.67$13,987
Jul 202305,87874.852.64$15,529
Jun 202305,80768.962.26$13,115
May 202305,41170.622.23$12,052
Apr 202305,15778.122.24$11,540
Mar 202307,33472.852.39$17,551
Feb 202306,73275.112.47$16,599
Jan 202306,77676.533.39$22,955
Dec 202206,36576.415.73$36,466
Nov 20221847,24585.005.65$56,547
Oct 202206,54387.185.86$38,367
Sep 202204,58884.888.16$37,455
Aug 202202,42694.529.13$22,142
Jul 20220967101.587.54$7,293
Jun 202200115.097.98$0
May 202202,242109.378.43$18,907
Apr 202201,824104.226.84$12,472
Mar 202202,258108.885.08$11,463
Feb 202201,13891.054.86$5,529
Jan 202201,90581.844.54$8,644
Dec 20210071.323.90$0
Nov 2021041377.435.24$2,163
Oct 202101,28179.795.71$7,319
Sep 2021063869.865.35$3,414
Aug 202101,30866.024.22$5,521
Jul 202102,02070.783.98$8,044
Jun 202101,43969.493.38$4,865
May 202101,12663.483.02$3,398
Apr 202101,66660.362.76$4,596
Mar 2021049261.302.72$1,337
Feb 202103,18757.805.55$17,681
Jan 202105,62350.412.81$15,802
Dec 202006,20444.642.68$16,599
Nov 20202847,44238.772.71$31,153
Oct 2020427,36336.972.48$19,801
Sep 2020687,00637.091.99$16,471
Aug 202001,69139.982.39$4,033
Jul 202002,81438.371.83$5,136
Jun 202008,12934.901.69$13,741
May 202007,58416.921.81$13,763
Apr 202007,99814.751.80$14,431
Mar 202007,99830.341.86$14,846
Feb 202007,12649.881.98$14,114
Jan 202007,93157.252.09$16,613
Dec 201908,67459.012.30$19,988
Nov 201908,86855.302.75$24,393
Oct 201908,80053.472.42$21,283
Sep 201909,18455.052.66$24,404
Aug 2019010,03253.112.30$23,117
Jul 201909,67656.272.46$23,804
Jun 201908,14952.782.49$20,301
May 201909,71658.482.74$26,625
Apr 201909,24862.632.75$25,438
Mar 2019010,09756.803.06$30,918
Feb 201909,16150.852.79$25,580
Jan 201909,88646.033.23$31,914
Dec 2018012,74546.594.19$53,343
Nov 201817611,04552.934.24$56,116
Oct 2018011,38061.443.40$38,670
Sep 2018010,65159.543.11$33,103
Aug 2018011,39259.403.07$34,934
Jul 2018011,39365.142.93$33,403
Jun 2018010,50660.183.08$32,326
May 2018011,49265.382.90$33,336
Apr 2018011,02663.842.90$31,984
Mar 201809,97161.222.79$27,788
Feb 201808,00261.782.77$22,134
Jan 201809,19762.874.01$36,874
Dec 201708,48357.272.92$24,783
Nov 201708,87855.423.12$27,685
Oct 201709,47149.292.98$28,258
Sep 201707,55147.523.09$23,312
Aug 201707,09545.373.00$21,316
Jul 201701,66843.873.09$5,150
Jun 201704,63342.493.09$14,303
May 201706,87345.373.26$22,429
Apr 201704,15847.933.21$13,354
Mar 201702,00046.772.98$5,967
Feb 201701,17550.452.95$3,469
Jan 201701,30649.413.42$4,465
Dec 201602,43848.763.72$9,076
Nov 201603,15242.492.64$8,335
Oct 201609,08246.193.09$28,066
Sep 2016012,73441.553.10$39,483
Aug 2016012,31141.442.92$36,002
Jul 2016012,56841.622.92$36,753
Jun 2016112,50945.352.69$33,642
May 2016312,86642.521.99$25,744
Apr 201611712,13336.561.99$28,435
Mar 2016311,91933.011.79$21,482
Feb 2016110,85326.472.06$22,423
Jan 201613,03327.352.36$7,198
Dec 2015534,31432.362.00$10,349
Nov 2015110,21138.792.17$22,169
Oct 2015011,42943.552.43$27,733
Sep 20158011,35342.992.76$34,756
Aug 2015412,07140.162.87$34,834
Jul 2015011,72348.152.95$34,525
Jun 2015011,17056.152.88$32,202
May 201518,72455.212.96$25,839
Apr 201507,11849.822.71$19,265
Mar 201503,84042.892.93$11,269
Feb 201503,49144.662.98$10,390
Jan 201501,69943.433.10$5,268
Dec 201401,27154.693.59$4,565
Nov 201401,88370.464.25$8,006
Oct 201401,74878.303.90$6,819
Sep 201402,18786.164.05$8,847
Aug 201401,80089.394.04$7,263
Jul 2014072296.564.18$3,018
Jun 2014751,78898.164.74$15,832
May 201402,11894.734.73$10,011
Apr 201402,18395.944.81$10,498
Mar 201402,22595.895.06$11,251
Feb 201413,75897.406.19$23,367
Jan 2014111,37790.404.86$55,391
Dec 2013313,22591.824.35$57,863
Nov 2013415,16288.853.74$57,035
Oct 2013516,68597.423.78$63,546
Sep 2013216,044104.113.72$59,856
Aug 201311717,913104.253.52$75,298
Jul 2013417,898102.523.72$66,950
Jun 20131018,66094.403.93$74,341
May 20131319,89894.834.15$83,791
Apr 2013520,74293.964.28$89,299
Mar 20131922,30593.623.91$89,055
Feb 2013519,68491.233.42$67,774
Jan 2013223,14191.603.42$79,323
Dec 2012322,33686.773.42$76,653
Nov 2012017,49986.953.62$63,433
Oct 2012212,99189.383.40$44,344
Sep 201205,38694.672.92$15,719
Aug 2012728,68992.662.91$31,941
Jul 2012720,38685.133.02$62,178
Jun 2012121,31979.822.52$53,783
May 2012125,29091.612.49$63,021
Apr 2012022,145101.652.00$44,219
Mar 20125325,654105.052.22$62,573
Feb 2012124,992101.102.57$64,337
Jan 2012825,79598.092.73$71,310
Dec 20112027,24996.873.24$90,217
Nov 20111924,13395.723.31$81,730
Oct 2011824,53184.983.65$90,182
Sep 20112125,91083.623.99$105,028
Aug 201115323,16383.404.15$108,871
Jul 20111026,27094.144.52$119,609
Jun 2011926,20292.904.64$122,410
May 20111028,28898.134.40$125,585
Apr 2011317,670105.964.33$76,887
Mar 2011227,51196.364.06$111,814
Feb 2011726,54985.644.18$111,574
Jan 20111633,57086.504.59$155,429
Dec 20102434,93885.734.35$153,959
Nov 201019134,33880.843.80$145,764
Oct 20106133,69178.103.51$122,982
Sep 20102631,50572.633.98$127,262
Aug 20104325,15473.684.42$114,333
Jul 2010227,32572.554.74$36,291
Jun 201041,84970.364.91$9,361
May 2010782,74671.124.24$17,177
Apr 201002,88281.694.12$11,882
Mar 201012,19578.394.39$9,712
Feb 20101316,36073.585.44$89,994
Jan 20102522,18974.365.96$134,196
Dec 20095130,06571.445.48$168,512
Nov 20092236,47674.593.75$138,481
Oct 200920944,84672.544.11$199,489
Sep 20092145,37165.543.06$140,427
Aug 20092153,54467.423.22$173,747
Jul 200921058,66661.133.46$216,086
Jun 20096061,17966.163.90$242,262
May 20093985,28454.743.93$336,939
Apr 20090046.773.59$0
Mar 2009810,10142.144.06$41,337
Feb 200926970,11732.814.63$333,678
Jan 200928785,93935.865.37$471,870
Dec 200813084,17837.105.98$507,967
Nov 20082324,71055.496.86$170,796
Oct 20081425,02675.246.92$174,283
Sep 200823468,452101.767.88$563,014
Aug 200851100,898114.228.48$861,745
Jul 2008140107,566131.0811.39$1,243,467
Jun 200822684,523131.3313.03$1,131,238
May 20087590,875123.1711.57$1,061,051
Apr 200821689,497110.3110.45$959,506
Mar 200825694,036101.909.66$934,857
Feb 20086876,12592.538.77$673,952
Jan 200818373,87690.388.21$622,746
Dec 200739878,02588.337.30$604,892
Nov 200717183,54691.677.29$624,868
Oct 200729082,27482.856.92$593,525
Sep 200727379,08275.846.24$514,505
Aug 200730189,20769.066.39$590,636
Jul 200730686,67970.906.39$575,396
Jun 200731085,96362.007.55$668,107
May 200712475,30058.747.85$598,109
Apr 20075255,90159.617.81$439,418
Mar 20079171,54756.927.30$527,614
Feb 200734040,69255.108.22$353,059

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                5,598 Mcf  × $  3.05 =    $17,051

────────────────────────────────────────────────────
Month total                                  $17,051

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/227996 is the state's own key, not one this site invented.