SANFORD

Operated by BORGER RESOURCES 2 LLC (P-5 83236) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 23927District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$511 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
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
GasProduction122,146 Mcf$510,587
Total$510,587

18,899 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 35.6966, -101.4752. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69655, -101.47522 · 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
no depth filed
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.

1 well

42-23380160D 2

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 (401)

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

401 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 20201230.341.86$22
Feb 2020449.881.98$8
Jan 2020557.252.09$10
Dec 2019059.012.30$0
Nov 20192055.302.75$55
Oct 20197953.472.42$191
Sep 201916155.052.66$428
Aug 20194953.112.30$113
Jul 201911356.272.46$278
Jun 201913952.782.49$346
May 20194658.482.74$126
Apr 20191262.632.75$33
Mar 20194056.803.06$122
Feb 20193550.852.79$98
Jan 20192346.033.23$74
Dec 20182046.594.19$84
Nov 20181452.934.24$59
Oct 2018661.443.40$20
Sep 2018759.543.11$22
Aug 2018459.403.07$12
Jul 2018165.142.93$3
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018563.842.90$15
Mar 20181061.222.79$28
Feb 20183861.782.77$105
Jan 20182162.874.01$84
Dec 20172257.272.92$64
Nov 20171555.423.12$47
Oct 20171449.292.98$42
Sep 2017347.523.09$9
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017246.772.98$6
Feb 2017450.452.95$12
Jan 2017749.413.42$24
Dec 2016048.763.72$0
Nov 201612642.492.64$333
Oct 201619146.193.09$590
Sep 201619241.553.10$595
Aug 201622241.442.92$649
Jul 201622341.622.92$652
Jun 201618245.352.69$489
May 20165942.521.99$117
Apr 201610136.561.99$201
Mar 201622033.011.79$395
Feb 201620126.472.06$415
Jan 201617227.352.36$407
Dec 201515132.362.00$302
Nov 201519338.792.17$418
Oct 201522943.552.43$556
Sep 201522842.992.76$629
Aug 201511740.162.87$336
Jul 201528248.152.95$831
Jun 201529256.152.88$842
May 201531455.212.96$928
Apr 201520049.822.71$541
Mar 201529442.892.93$863
Feb 201525544.662.98$759
Jan 201523343.433.10$722
Dec 201426254.693.59$941
Nov 201428670.464.25$1,216
Oct 201426378.303.90$1,026
Sep 201430786.164.05$1,242
Aug 201427989.394.04$1,126
Jul 201438896.564.18$1,622
Jun 201436698.164.74$1,734
May 201419394.734.73$912
Apr 201422695.944.81$1,087
Mar 201433795.895.06$1,704
Feb 201430197.406.19$1,864
Jan 201432990.404.86$1,599
Dec 201329391.824.35$1,276
Nov 201334588.853.74$1,290
Oct 201329097.423.78$1,096
Sep 2013293104.113.72$1,089
Aug 2013286104.253.52$1,007
Jul 2013314102.523.72$1,167
Jun 201329994.403.93$1,176
May 201334294.834.15$1,419
Apr 201326793.964.28$1,143
Mar 201327493.623.91$1,072
Feb 201326491.233.42$903
Jan 201329791.603.42$1,016
Dec 201228486.773.42$971
Nov 201232386.953.62$1,171
Oct 201233889.383.40$1,149
Sep 201233394.672.92$972
Aug 201233192.662.91$963
Jul 201238885.133.02$1,172
Jun 201239079.822.52$982
May 201237091.612.49$921
Apr 2012381101.652.00$761
Mar 2012256105.052.22$569
Feb 2012209101.102.57$537
Jan 201244798.092.73$1,222
Dec 201131696.873.24$1,024
Nov 201127995.723.31$924
Oct 201136084.983.65$1,313
Sep 201142483.623.99$1,690
Aug 201143683.404.15$1,809
Jul 201143994.144.52$1,983
Jun 201138492.904.64$1,782
May 201143198.134.40$1,898
Apr 2011202105.964.33$875
Mar 201140296.364.06$1,631
Feb 201133785.644.18$1,409
Jan 201130486.504.59$1,395
Dec 201042685.734.35$1,852
Nov 201043180.843.80$1,636
Oct 201054278.103.51$1,902
Sep 201053572.633.98$2,129
Aug 201042873.684.42$1,891
Jul 201032072.554.74$1,516
Jun 201053770.364.91$2,637
May 201053671.124.24$2,270
Apr 201054081.694.12$2,226
Mar 201061778.394.39$2,708
Feb 201045873.585.44$2,493
Jan 201041374.365.96$2,463
Dec 200946471.445.48$2,544
Nov 200943574.593.75$1,632
Oct 200935172.544.11$1,443
Sep 200946865.543.06$1,434
Aug 200939767.423.22$1,278
Jul 200957561.133.46$1,992
Jun 200956466.163.90$2,197
May 200961254.743.93$2,403
Apr 200946646.773.59$1,672
Mar 200957242.144.06$2,322
Feb 200948632.814.63$2,252
Jan 200959235.865.37$3,180
Dec 200829337.105.98$1,751
Nov 200845655.496.86$3,128
Oct 200831875.246.92$2,201
Sep 2008398101.767.88$3,135
Aug 2008380114.228.48$3,224
Jul 2008301131.0811.39$3,428
Jun 2008240131.3313.03$3,128
May 2008389123.1711.57$4,502
Apr 2008575110.3110.45$6,012
Mar 2008242101.909.66$2,339
Feb 200817592.538.77$1,535
Jan 200828590.388.21$2,339
Dec 200756788.337.30$4,140
Nov 200761191.677.29$4,455
Oct 200757282.856.92$3,959
Sep 200757275.846.24$3,572
Aug 200757869.066.39$3,692
Jul 200759270.906.39$3,782
Jun 200756562.007.55$4,265
May 200765558.747.85$5,139
Apr 200729459.617.81$2,295
Mar 200765156.927.30$4,754
Feb 200749855.108.22$4,092
Jan 200732050.306.73$2,153
Dec 200652256.656.92$3,611
Nov 200665954.207.62$5,020
Oct 200666354.906.01$3,987
Sep 200668160.085.04$3,430
Aug 200661868.717.34$4,536
Jul 200669669.376.34$4,415
Jun 200666566.286.38$4,245
May 200674766.016.42$4,799
Apr 200663364.397.36$4,659
Mar 200672056.707.08$5,100
Feb 200630757.597.75$2,380
Jan 200636460.598.93$3,252
Dec 200538254.9413.42$5,125
Nov 200556554.6910.59$5,982
Oct 200571158.3413.80$9,809
Sep 200534061.4512.08$4,107
Aug 200566261.519.80$6,486
Jul 200556955.697.84$4,463
Jun 200575552.337.38$5,573
May 200581545.226.65$5,421
Apr 200575249.207.36$5,535
Mar 200564050.377.15$4,579
Feb 200567545.226.31$4,261
Jan 200570543.166.32$4,457
Dec 200446039.866.75$3,106
Nov 200471145.286.33$4,501
Oct 200478249.706.52$5,095
Sep 200484943.245.28$4,486
Aug 200488242.375.55$4,896
Jul 200485938.286.08$5,226
Jun 200471236.106.43$4,580
May 200473637.486.49$4,780
Apr 200457034.475.86$3,339
Mar 200461034.365.53$3,373
Feb 200461632.455.51$3,394
Jan 200476032.036.30$4,788
Dec 200374930.266.30$4,720
Nov 200364728.804.60$2,973
Oct 200361328.174.76$2,918
Sep 200366126.314.75$3,139
Aug 200350029.765.13$2,565
Jul 200369429.415.17$3,589
Jun 200356828.565.98$3,398
May 200363126.595.97$3,769
Apr 200358126.675.41$3,142
Mar 200349831.146.10$3,036
Feb 200341033.487.93$3,250
Jan 200337730.315.58$2,104
Dec 200250026.914.85$2,427
Nov 200262924.664.14$2,602
Oct 200246126.464.23$1,950
Sep 200265727.443.64$2,388
Aug 200265025.963.16$2,057
Jul 200257424.583.06$1,757
Jun 200251423.733.34$1,716
May 200245624.663.58$1,634
Apr 200243523.653.51$1,528
Mar 200231622.003.10$980
Feb 200233518.222.38$796
Jan 200245417.172.38$1,079
Dec 200145516.932.36$1,076
Nov 200149418.072.41$1,188
Oct 200154619.782.53$1,381
Sep 200150924.262.25$1,146
Aug 200156424.873.05$1,722
Jul 200155923.933.20$1,787
Jun 200143924.563.82$1,679
May 200149725.524.31$2,141
Apr 200132724.685.34$1,745
Mar 200140924.545.38$2,199
Feb 200133527.755.77$1,932
Jan 200150127.478.40$4,208
Dec 200039126.889.12$3,567
Nov 200058832.215.66$3,327
Oct 200061831.235.15$3,180
Sep 200049931.875.19$2,588
Aug 200051929.644.54$2,357
Jul 200046728.534.09$1,910
Jun 200058229.304.40$2,559
May 200035027.263.68$1,288
Apr 200056424.513.12$1,757
Mar 200058028.422.86$1,659
Feb 200069427.622.73$1,892
Jan 200047025.272.48$1,166
Dec 199932624.282.42$790
Nov 199960623.192.43$1,475
Oct 199981020.982.80$2,271
Sep 199980821.752.62$2,116
Aug 199991719.262.88$2,637
Jul 199982917.892.37$1,967
Jun 199947215.942.36$1,115
May 199927615.792.32$641
Apr 199921115.102.21$466
Mar 199931612.471.84$581
Feb 1999149.981.82$25
Jan 199931510.381.90$598
Dec 19982969.201.77$525
Nov 199838010.892.19$831
Oct 199836812.421.97$725
Sep 199819612.592.08$408
Aug 199829611.301.91$565
Jul 199822211.742.24$497
Jun 199818611.242.24$416
May 199828312.622.21$624
Apr 199829713.042.51$744
Mar 199829112.802.31$672
Feb 199818413.952.30$423
Jan 199821614.702.15$465
Dec 19978516.322.41$205
Nov 19978718.193.09$269
Oct 199715119.253.15$476
Sep 199716417.742.95$485
Aug 19979117.862.55$232
Jul 199749017.582.25$1,101
Jun 199755717.242.26$1,257
May 199731418.972.31$725
Apr 199738717.882.08$806
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 199718123.483.54$641
Dec 19961823.32$0
Nov 199619621.97$0
Oct 199644423.31$0
Sep 199617922.22$0
Aug 199646720.26$0
Jul 199640319.55$0
Jun 199627718.73$0
May 199656219.43$0
Apr 199639421.51$0
Mar 199643419.38$0
Feb 199630116.98$0
Jan 199636917.07$0
Dec 199539117.19$0
Nov 199541316.00$0
Oct 199557515.43$0
Sep 199556316.18$0
Aug 199554115.92$0
Jul 199559215.24$0
Jun 199555516.41$0
May 19957417.56$0
Apr 199531717.73$0
Mar 199537116.44$0
Feb 199531516.58$0
Jan 199547715.92$0
Dec 199440915.03$0
Nov 199440715.90$0
Oct 199440915.58$0
Sep 199436815.29$0
Aug 199441316.13$0
Jul 199424217.56$0
Jun 199438617.09$0
May 199430915.88$0
Apr 199433514.14$0
Mar 199437712.46$0
Feb 199424012.50$0
Jan 199436312.66$0
Dec 199333512.33$0
Nov 199340014.49$0
Oct 199346415.85$0
Sep 199349415.03$0
Aug 199354815.66$0
Jul 199345915.46$0
Jun 199328316.79$0
May 199341017.68$0
Apr 199355018.05$0
Mar 199353518.14$0
Feb 199347017.90$0
Jan 199346516.93$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.

Mar 2020 — as filed, then multipliedworked
Gas                   12 Mcf  × $  1.86 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/23927 is the state's own key, not one this site invented.