BALLENTINE

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 232945District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
Jul 2007 – May 2026
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
227
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 Gas112008-03-12180970
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
CondensateDisposition19,007 bbl$1,473,583
GasProduction852,203 Mcf$4,139,262
Total$5,612,846

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 36.3051, -100.0378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.30505, -100.03777 · 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
7,613 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 7,613 ft.

Completions filed
Jul 2007
1 of 1 wells

1 well

42-295331804794H7,613 ftJul 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 (227)

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

227 months

May 202601,472106.413.05$4,483
Apr 202601,60098.932.87$4,592
Mar 202601,68889.753.15$5,316
Feb 202601,35063.503.75$5,063
Jan 2026096659.138.00$7,726
Dec 202501,40956.664.41$6,218
Nov 202501,65758.593.93$6,506
Oct 202502,02359.383.30$6,686
Sep 2025099762.743.08$3,068
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 202401,98578.082.63$5,228
May 202401,93478.812.20$4,252
Apr 202401,82184.451.66$3,021
Mar 202401,89780.301.55$2,931
Feb 20241661,46476.091.78$15,242
Jan 202401,38373.023.30$4,561
Dec 202301,59571.262.61$4,164
Nov 202301,27577.892.81$3,580
Oct 202301,41285.443.09$4,359
Sep 202302,62589.042.74$7,179
Aug 202302,54780.522.67$6,808
Jul 20231662,50474.852.64$19,040
Jun 202302,53968.962.26$5,734
May 202301,85970.622.23$4,141
Apr 2023072378.122.24$1,618
Mar 202301,17372.852.39$2,807
Feb 20231781,44175.112.47$16,923
Jan 202311,74776.533.39$5,995
Dec 202201,13876.415.73$6,520
Nov 202201,21785.005.65$6,871
Oct 202201,05587.185.86$6,186
Sep 20221641,25584.888.16$24,166
Aug 2022026394.529.13$2,400
Jul 202201,153101.587.54$8,696
Jun 202201,119115.097.98$8,926
May 2022180696109.378.43$25,556
Apr 20220796104.226.84$5,443
Mar 20220182108.885.08$924
Feb 2022066491.054.86$3,226
Jan 2022063381.844.54$2,872
Dec 202101,18671.323.90$4,624
Nov 202101,48277.435.24$7,761
Oct 202111,66379.795.71$9,582
Sep 20211081,21469.865.35$14,041
Aug 202101,48366.024.22$6,259
Jul 20211621,28170.783.98$16,567
Jun 202101,72069.493.38$5,815
May 2021098563.483.02$2,972
Apr 202101,82460.362.76$5,031
Mar 2021045761.302.72$1,242
Feb 2021043957.805.55$2,436
Jan 202101,70250.412.81$4,783
Dec 20201871,74644.642.68$13,019
Nov 202001,65538.772.71$4,479
Oct 202001,98236.972.48$4,912
Sep 202002,00437.091.99$3,990
Aug 202002,00439.982.39$4,780
Jul 202002,05438.371.83$3,749
Jun 202001,95834.901.69$3,310
May 20201842,10816.921.81$6,939
Apr 20201421,97114.751.80$5,651
Mar 20200030.341.86$0
Feb 20201921,95549.881.98$13,449
Jan 202002,28157.252.09$4,778
Dec 201902,30459.012.30$5,309
Nov 201901,67755.302.75$4,613
Oct 20191952,34753.472.42$16,103
Sep 201901,10655.052.66$2,939
Aug 201901,99353.112.30$4,593
Jul 201901,32556.272.46$3,260
Jun 201901,46052.782.49$3,637
May 201901,99158.482.74$5,456
Apr 201902,18662.632.75$6,013
Mar 2019083956.803.06$2,569
Feb 2019037150.852.79$1,036
Jan 201901,64046.033.23$5,294
Dec 201801,92146.594.19$8,040
Nov 201802,04652.934.24$8,669
Oct 201802,00161.443.40$6,800
Sep 2018027759.543.11$861
Aug 201814095159.403.07$11,232
Jul 201801,59265.142.93$4,668
Jun 201801,46260.183.08$4,498
May 201801,77465.382.90$5,146
Apr 201801,84963.842.90$5,364
Mar 201801,99961.222.79$5,571
Feb 201801,68961.782.77$4,672
Jan 201801,79362.874.01$7,189
Dec 201702,00357.272.92$5,852
Nov 201701,54655.423.12$4,821
Oct 201703,07749.292.98$9,181
Sep 201702,72247.523.09$8,404
Aug 201701,22445.373.00$3,677
Jul 201701,29743.873.09$4,004
Jun 201706742.493.09$207
May 201702,30545.373.26$7,522
Apr 201701,84547.933.21$5,925
Mar 20171853,00946.772.98$17,630
Feb 201702,95050.452.95$8,710
Jan 201703,00249.413.42$10,263
Dec 201601,42448.763.72$5,301
Nov 201602,59642.492.64$6,865
Oct 20161783,30846.193.09$18,444
Sep 201602,63941.553.10$8,183
Aug 201603,59641.442.92$10,516
Jul 20161832,49441.622.92$14,910
Jun 201602,31645.352.69$6,220
May 201601,85142.521.99$3,685
Apr 20161842,07036.561.99$10,848
Mar 201601,75633.011.79$3,150
Feb 201603,14526.472.06$6,490
Jan 201603,42427.352.36$8,096
Dec 20151892,72132.362.00$11,562
Nov 201503,32538.792.17$7,206
Oct 201503,91043.552.43$9,488
Sep 20151881,77042.992.76$12,965
Aug 201503,78240.162.87$10,864
Jul 201502,95348.152.95$8,697
Jun 20151872,96356.152.88$19,042
May 201503,74455.212.96$11,065
Apr 201502,08349.822.71$5,638
Mar 20151923,92342.892.93$19,748
Feb 201501,57644.662.98$4,690
Jan 201503,02543.433.10$9,379
Dec 201403,89654.693.59$13,992
Nov 20141963,74870.464.25$29,746
Oct 201403,91578.303.90$15,272
Sep 201403,86186.164.05$15,619
Aug 20141913,53389.394.04$31,330
Jul 201404,15896.564.18$17,379
Jun 20141944,02198.164.74$38,090
May 201404,18094.734.73$19,757
Apr 20141964,09095.944.81$38,474
Mar 20142014,60395.895.06$42,550
Feb 201402,64697.406.19$16,384
Jan 20142004,77190.404.86$41,271
Dec 201304,19891.824.35$18,280
Nov 20131993,42788.853.74$30,492
Oct 20131984,53897.423.78$36,440
Sep 201304,200104.113.72$15,615
Aug 201304,536104.253.52$15,979
Jul 20131943,374102.523.72$32,433
Jun 201304,63694.403.93$18,235
May 20131964,71794.834.15$38,158
Apr 20131964,66893.964.28$38,407
Mar 20131954,76593.623.91$36,901
Feb 201304,35891.233.42$14,904
Jan 201303,89391.603.42$13,314
Dec 20122014,38386.773.42$32,431
Nov 201205,28586.953.62$19,158
Oct 20121923,79789.383.40$30,070
Sep 201203,86794.672.92$11,285
Aug 20121893,90592.662.91$28,869
Jul 201204,42485.133.02$13,364
Jun 20123863,72479.822.52$40,191
May 201204,08791.612.49$10,170
Apr 201204,352101.652.00$8,690
Mar 201203,399105.052.22$7,553
Feb 201203,839101.102.57$9,867
Jan 20121973,88698.092.73$29,948
Dec 201104,69296.873.24$15,201
Nov 201105,27995.723.31$17,480
Oct 20111945,67784.983.65$37,199
Sep 20111925,49183.623.99$37,941
Aug 201105,38683.404.15$22,348
Jul 20113854,03494.144.52$54,466
Jun 20111885,23992.904.64$41,774
May 201105,40198.134.40$23,790
Apr 201105,481105.964.33$23,751
Mar 201107,03796.364.06$28,552
Feb 20111924,00685.644.18$33,188
Jan 20111974,71486.504.59$38,672
Dec 201006,93085.734.35$30,130
Nov 20101956,54180.843.80$40,589
Oct 201006,53478.103.51$22,927
Sep 20101947,13572.633.98$42,484
Aug 201007,57473.684.42$33,472
Jul 20101928,28372.554.74$53,162
Jun 20101916,73170.364.91$46,491
May 201005,55871.124.24$23,539
Apr 20101915,15481.694.12$36,851
Mar 20101995,91678.394.39$41,563
Feb 201005,75873.585.44$31,337
Jan 20103965,21374.365.96$60,537
Dec 200907,46071.445.48$40,909
Nov 200908,23474.593.75$30,890
Oct 20093919,65672.544.11$68,052
Sep 200919212,19665.543.06$49,961
Aug 2009013,89767.423.22$44,727
Jul 200919215,36661.133.46$64,972
Jun 20093769,94666.163.90$63,616
May 20093899,63154.743.93$59,103
Apr 200908,63146.773.59$30,964
Mar 20093906,84942.144.06$44,235
Feb 200906,33932.814.63$29,369
Jan 20091938,37735.865.37$51,914
Dec 200805,85537.105.98$34,996
Nov 200859110,51155.496.86$104,904
Oct 200809,79275.246.92$67,780
Sep 200809,502101.767.88$74,848
Aug 20081907,775114.228.48$87,657
Jul 200856611,007131.0811.39$199,555
Jun 2008011,127131.3313.03$145,014
May 200836711,969123.1711.57$183,736
Apr 200818712,560110.3110.45$151,941
Mar 200837113,898101.909.66$172,116
Feb 200855914,56792.538.77$179,485
Jan 200836815,08590.388.21$157,043
Dec 200753311,85488.337.30$133,637
Nov 200717612,78891.677.29$109,380
Oct 200771715,67582.856.92$167,905
Sep 200773019,17075.846.24$175,064
Aug 20071,08822,43069.066.39$218,419
Jul 200736210,16770.906.39$90,612

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                1,472 Mcf  × $  3.05 =     $4,483

────────────────────────────────────────────────────
Month total                                   $4,483

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/232945 is the state's own key, not one this site invented.