BRADFORD -C-

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229503District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Aug 2006 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
238
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

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 Gas112007-10-30177820
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
CondensateDisposition288 bbl$14,937
GasProduction868,951 Mcf$4,182,928
Total$4,197,865

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 36.2765, -100.3395. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.27650, -100.33949 · 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
7,600 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 7,600 ft.

Completions filed
Aug 2006
1 of 1 wells

1 well

42-2953301187237,600 ftAug 2006

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 (238)

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

238 months

May 202601,545106.413.05$4,706
Apr 202601,50498.932.87$4,316
Mar 202601,54689.753.15$4,869
Feb 202601,43763.503.75$5,389
Jan 202601,51559.138.00$12,117
Dec 202501,57856.664.41$6,964
Nov 202501,54658.593.93$6,070
Oct 202501,40259.383.30$4,633
Sep 202501,46562.743.08$4,508
Aug 202501,51063.933.01$4,552
Jul 202501,52766.743.32$5,062
Jun 202501,48166.483.13$4,634
May 202501,48460.553.23$4,797
Apr 202501,40962.363.54$4,992
Mar 202501,42867.704.27$6,095
Feb 202501,38570.884.34$6,012
Jan 202501,61274.324.28$6,897
Dec 202401,65568.993.12$5,166
Nov 202401,51969.052.20$3,339
Oct 202401,72071.372.28$3,924
Sep 202401,29669.612.36$3,064
Aug 202401,49075.632.06$3,075
Jul 202401,61879.932.15$3,473
Jun 202401,58378.082.63$4,170
May 202401,78278.812.20$3,918
Apr 202401,43284.451.66$2,376
Mar 202401,62680.301.55$2,512
Feb 202401,51776.091.78$2,706
Jan 20240073.023.30$0
Dec 202301,61471.262.61$4,214
Nov 202301,56277.892.81$4,385
Oct 202301,60785.443.09$4,961
Sep 202301,61089.042.74$4,403
Aug 202301,66980.522.67$4,461
Jul 202301,68774.852.64$4,457
Jun 202301,64568.962.26$3,715
May 202301,63970.622.23$3,651
Apr 202301,62778.122.24$3,641
Mar 202301,67772.852.39$4,013
Feb 202301,61075.112.47$3,970
Jan 202301,79876.533.39$6,091
Dec 202201,67876.415.73$9,613
Nov 202201,77085.005.65$9,994
Oct 202201,84187.185.86$10,795
Sep 202201,76984.888.16$14,442
Aug 202201,84294.529.13$16,812
Jul 202201,882101.587.54$14,194
Jun 202202,025115.097.98$16,154
May 202201,788109.378.43$15,078
Apr 202201,606104.226.84$10,981
Mar 202201,302108.885.08$6,609
Feb 202201,13891.054.86$5,529
Jan 202201,25681.844.54$5,699
Dec 202101,66671.323.90$6,496
Nov 202101,65777.435.24$8,677
Oct 202101,84479.795.71$10,536
Sep 202101,54769.865.35$8,278
Aug 202101,47366.024.22$6,217
Jul 202101,49070.783.98$5,933
Jun 202101,35169.493.38$4,567
May 202101,57163.483.02$4,741
Apr 202101,57360.362.76$4,339
Mar 202101,65061.302.72$4,483
Feb 202101,47057.805.55$8,155
Jan 202101,52050.412.81$4,272
Dec 202001,51744.642.68$4,059
Nov 202001,56538.772.71$4,236
Oct 202001,56536.972.48$3,879
Sep 202001,60937.091.99$3,204
Aug 202001,56739.982.39$3,737
Jul 202001,15138.371.83$2,101
Jun 202001,77234.901.69$2,995
May 202001,65116.921.81$2,996
Apr 202001,85714.751.80$3,351
Mar 202001,64430.341.86$3,052
Feb 202001,70449.881.98$3,375
Jan 202001,77357.252.09$3,714
Dec 201902,05359.012.30$4,731
Nov 201902,19455.302.75$6,035
Oct 2019074953.472.42$1,811
Sep 201902,03755.052.66$5,413
Aug 201902,16153.112.30$4,980
Jul 201922,00056.272.46$5,033
Jun 201902,10652.782.49$5,246
May 201902,08458.482.74$5,711
Apr 201902,00462.632.75$5,512
Mar 201912,01756.803.06$6,233
Feb 201901,91750.852.79$5,353
Jan 201901,98246.033.23$6,398
Dec 201802,02846.594.19$8,488
Nov 201802,05552.934.24$8,708
Oct 201802,25361.443.40$7,656
Sep 201802,15559.543.11$6,698
Aug 201802,26959.403.07$6,958
Jul 201802,20465.142.93$6,462
Jun 201802,17060.183.08$6,677
May 201802,22965.382.90$6,466
Apr 201802,17563.842.90$6,309
Mar 201802,31661.222.79$6,454
Feb 201802,11261.782.77$5,842
Jan 201802,41262.874.01$9,670
Dec 201702,08357.272.92$6,086
Nov 201742,21155.423.12$7,116
Oct 201702,28249.292.98$6,809
Sep 2017242,20747.523.09$7,954
Aug 201702,28845.373.00$6,874
Jul 201702,33543.873.09$7,209
Jun 201702,27842.493.09$7,033
May 201702,25645.373.26$7,362
Apr 201702,34947.933.21$7,544
Mar 201712,45246.772.98$7,363
Feb 201701,96350.452.95$5,796
Jan 201702,45549.413.42$8,393
Dec 201602,23248.763.72$8,309
Nov 201602,44242.492.64$6,458
Oct 201602,43346.193.09$7,519
Sep 201642,51841.553.10$7,974
Aug 201602,66641.442.92$7,796
Jul 2016192,81841.622.92$9,032
Jun 201602,60145.352.69$6,986
May 201602,64742.521.99$5,270
Apr 201602,62836.561.99$5,232
Mar 201602,68133.011.79$4,810
Feb 201602,48726.472.06$5,132
Jan 201602,76327.352.36$6,533
Dec 201503,01932.362.00$6,042
Nov 20151532,88738.792.17$12,192
Oct 201502,63343.552.43$6,389
Sep 201502,91342.992.76$8,035
Aug 201503,07240.162.87$8,824
Jul 201503,15448.152.95$9,289
Jun 201503,14056.152.88$9,052
May 201503,37355.212.96$9,969
Apr 201503,18749.822.71$8,626
Mar 201503,17042.892.93$9,303
Feb 201503,06744.662.98$9,128
Jan 201503,36643.433.10$10,437
Dec 201403,79654.693.59$13,633
Nov 201403,61170.464.25$15,353
Oct 201403,92378.303.90$15,303
Sep 201403,91386.164.05$15,830
Aug 201404,11789.394.04$16,613
Jul 201403,84296.564.18$16,058
Jun 201403,98298.164.74$18,862
May 201404,09194.734.73$19,336
Apr 201403,93995.944.81$18,943
Mar 201404,05595.895.06$20,505
Feb 201403,14497.406.19$19,468
Jan 201404,20090.404.86$20,415
Dec 201304,30391.824.35$18,737
Nov 201304,33488.853.74$16,202
Oct 201304,59797.423.78$17,374
Sep 201304,683104.113.72$17,410
Aug 201304,184104.253.52$14,739
Jul 201303,881102.523.72$14,429
Jun 201304,53394.403.93$17,830
May 201304,67094.834.15$19,376
Apr 201304,57893.964.28$19,606
Mar 201304,21293.623.91$16,481
Feb 201304,21691.233.42$14,418
Jan 201304,62391.603.42$15,810
Dec 201204,20886.773.42$14,392
Nov 201204,73386.953.62$17,157
Oct 201204,79189.383.40$16,288
Sep 201204,71694.672.92$13,763
Aug 201204,97592.662.91$14,468
Jul 201205,08385.133.02$15,355
Jun 201204,96979.822.52$12,517
May 201205,07991.612.49$12,638
Apr 201205,324101.652.00$10,631
Mar 201204,524105.052.22$10,053
Feb 201204,315101.102.57$11,091
Jan 201204,84998.092.73$13,258
Dec 201104,72096.873.24$15,292
Nov 201105,11395.723.31$16,931
Oct 201106,66484.983.65$24,314
Sep 201101,20783.623.99$4,811
Aug 201105,01983.404.15$20,825
Jul 201105,45894.144.52$24,655
Jun 201105,24192.904.64$24,318
May 201105,40198.134.40$23,790
Apr 201105,615105.964.33$24,331
Mar 201105,34996.364.06$21,703
Feb 201104,25985.644.18$17,803
Jan 201104,48986.504.59$20,599
Dec 201005,42585.734.35$23,587
Nov 2010805,34180.843.80$26,738
Oct 201005,70778.103.51$20,025
Sep 201005,60972.633.98$22,321
Aug 201006,28173.684.42$27,758
Jul 201004,61172.554.74$21,840
Jun 201005,64170.364.91$27,700
May 201005,76571.124.24$24,416
Apr 201005,77781.694.12$23,817
Mar 201005,23078.394.39$22,953
Feb 201005,58673.585.44$30,401
Jan 201006,69874.365.96$39,947
Dec 200904,54971.445.48$24,946
Nov 200905,92774.593.75$22,235
Oct 200906,35672.544.11$26,125
Sep 200906,01465.543.06$18,431
Aug 200906,37267.423.22$20,508
Jul 200906,43761.133.46$22,301
Jun 200906,54066.163.90$25,473
May 200906,09554.743.93$23,927
Apr 200906,29646.773.59$22,587
Mar 200906,00742.144.06$24,382
Feb 200906,23032.814.63$28,864
Jan 200906,58935.865.37$35,390
Dec 200806,22837.105.98$37,226
Nov 200806,74455.496.86$46,266
Oct 200807,17375.246.92$49,651
Sep 200807,133101.767.88$56,187
Aug 200807,208114.228.48$61,146
Jul 200807,435131.0811.39$84,680
Jun 200807,194131.3313.03$93,757
May 200807,563123.1711.57$87,536
Apr 200807,556110.3110.45$78,997
Mar 200808,044101.909.66$77,738
Feb 200807,48692.538.77$65,657
Jan 200808,58690.388.21$70,454
Dec 200708,77188.337.30$64,046
Nov 200708,73891.677.29$63,715
Oct 200708,72682.856.92$60,401
Sep 2007010,51275.846.24$65,639
Aug 200707,90069.066.39$50,465
Jul 200701,92970.906.39$12,322
Jun 200708,29862.007.55$62,637
May 2007010,28758.747.85$80,715
Apr 200708,34259.617.81$65,111
Mar 2007010,59956.927.30$77,394
Feb 2007010,26155.108.22$84,304
Jan 2007011,82550.306.73$79,545
Dec 2006010,85256.656.92$75,079
Nov 200604,62654.207.62$35,238
Oct 200604,91154.906.01$29,534
Sep 2006016,01060.085.04$80,646
Aug 2006016,22468.717.34$119,083

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                1,545 Mcf  × $  3.05 =     $4,706

────────────────────────────────────────────────────
Month total                                   $4,706

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/229503 is the state's own key, not one this site invented.