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 23929District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$705 k
Jan 1993 – May 2026
Value, last 12 filed months
$15 k
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
NGPA2none

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
GasProduction172,359 Mcf$705,455
Total$705,455

7,389 Mcf of this lease's gas, across 42 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.

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

42-23380162E 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 202671106.413.05$216
Apr 2026098.932.87$0
Mar 202633489.753.15$1,052
Feb 202634663.503.75$1,298
Jan 202643159.138.00$3,447
Dec 202533656.664.41$1,483
Nov 202551758.593.93$2,030
Oct 202546459.383.30$1,533
Sep 202525162.743.08$772
Aug 2025063.933.01$0
Jul 202539766.743.32$1,316
Jun 202559466.483.13$1,858
May 2025060.553.23$0
Apr 202534662.363.54$1,226
Mar 202518767.704.27$798
Feb 2025070.884.34$0
Jan 202527374.324.28$1,168
Dec 202436768.993.12$1,146
Nov 202416469.052.20$361
Oct 202449771.372.28$1,134
Sep 202452269.612.36$1,234
Aug 202439975.632.06$823
Jul 202442479.932.15$910
Jun 202439578.082.63$1,040
May 202455978.812.20$1,229
Apr 202456884.451.66$942
Mar 202442280.301.55$652
Feb 202445276.091.78$806
Jan 202440573.023.30$1,336
Dec 202338471.262.61$1,003
Nov 202330277.892.81$848
Oct 202313285.443.09$408
Sep 202363189.042.74$1,726
Aug 202366480.522.67$1,775
Jul 202371074.852.64$1,876
Jun 202368368.962.26$1,543
May 202361170.622.23$1,361
Apr 202354378.122.24$1,215
Mar 202356972.852.39$1,362
Feb 202345275.112.47$1,114
Jan 202349276.533.39$1,667
Dec 202233676.415.73$1,925
Nov 202254385.005.65$3,066
Oct 202257287.185.86$3,354
Sep 202249884.888.16$4,066
Aug 202260894.529.13$5,549
Jul 2022395101.587.54$2,979
Jun 2022539115.097.98$4,300
May 2022576109.378.43$4,857
Apr 2022558104.226.84$3,815
Mar 2022501108.885.08$2,543
Feb 202238891.054.86$1,885
Jan 202242081.844.54$1,906
Dec 202126171.323.90$1,018
Nov 202134377.435.24$1,796
Oct 202152379.795.71$2,988
Sep 202143869.865.35$2,344
Aug 202156666.024.22$2,389
Jul 202138070.783.98$1,513
Jun 202138869.493.38$1,312
May 202152963.483.02$1,596
Apr 202152760.362.76$1,454
Mar 202151261.302.72$1,391
Feb 202136357.805.55$2,014
Jan 202147750.412.81$1,341
Dec 202013644.642.68$364
Nov 202047038.772.71$1,272
Oct 202056836.972.48$1,408
Sep 202063037.091.99$1,254
Aug 202058439.982.39$1,393
Jul 202038838.371.83$708
Jun 20201,12534.901.69$1,902
May 202093916.921.81$1,704
Apr 202066014.751.80$1,191
Mar 202051230.341.86$950
Feb 202053649.881.98$1,062
Jan 202033757.252.09$706
Dec 201951359.012.30$1,182
Nov 201954555.302.75$1,499
Oct 201934553.472.42$834
Sep 201954055.052.66$1,435
Aug 201944753.112.30$1,030
Jul 201940956.272.46$1,006
Jun 201948952.782.49$1,218
May 201949258.482.74$1,348
Apr 201941262.632.75$1,133
Mar 201948756.803.06$1,491
Feb 201926750.852.79$746
Jan 201953846.033.23$1,737
Dec 201850346.594.19$2,105
Nov 201850252.934.24$2,127
Oct 201858861.443.40$1,998
Sep 201862259.543.11$1,933
Aug 201868659.403.07$2,104
Jul 201854865.142.93$1,607
Jun 201865760.183.08$2,022
May 201856265.382.90$1,630
Apr 2018063.842.90$0
Mar 20187361.222.79$203
Feb 201852761.782.77$1,458
Jan 201858862.874.01$2,357
Dec 201760457.272.92$1,765
Nov 201756055.423.12$1,746
Oct 201770749.292.98$2,109
Sep 201770647.523.09$2,180
Aug 201759445.373.00$1,785
Jul 201716443.873.09$506
Jun 201726742.493.09$824
May 20171345.373.26$42
Apr 201740147.933.21$1,288
Mar 201749146.772.98$1,465
Feb 201752150.452.95$1,538
Jan 201751549.413.42$1,761
Dec 201632448.763.72$1,206
Nov 201656142.492.64$1,483
Oct 201663346.193.09$1,956
Sep 20161,02741.553.10$3,184
Aug 20161,17241.442.92$3,427
Jul 20161,17241.622.92$3,427
Jun 201696945.352.69$2,603
May 201625242.521.99$502
Apr 201643736.561.99$870
Mar 20161,01633.011.79$1,823
Feb 201697526.472.06$2,012
Jan 20161,02327.352.36$2,419
Dec 201559432.362.00$1,189
Nov 201564538.792.17$1,398
Oct 201570743.552.43$1,716
Sep 201572242.992.76$1,992
Aug 201533240.162.87$954
Jul 201555948.152.95$1,646
Jun 201570256.152.88$2,024
May 201540455.212.96$1,194
Apr 201541649.822.71$1,126
Mar 201560542.892.93$1,776
Feb 201568844.662.98$2,048
Jan 201551943.433.10$1,609
Dec 201466754.693.59$2,395
Nov 201474670.464.25$3,172
Oct 201453178.303.90$2,071
Sep 201483986.164.05$3,394
Aug 201479189.394.04$3,192
Jul 201486996.564.18$3,632
Jun 201483698.164.74$3,960
May 201459894.734.73$2,826
Apr 201459695.944.81$2,866
Mar 201482495.895.06$4,167
Feb 201473197.406.19$4,526
Jan 201478990.404.86$3,835
Dec 201389891.824.35$3,910
Nov 201385988.853.74$3,211
Oct 201382497.423.78$3,114
Sep 2013746104.113.72$2,773
Aug 2013810104.253.52$2,853
Jul 2013922102.523.72$3,428
Jun 201385594.403.93$3,363
May 201386394.834.15$3,581
Apr 201373293.964.28$3,135
Mar 201380293.623.91$3,138
Feb 201358291.233.42$1,990
Jan 201366891.603.42$2,285
Dec 201276886.773.42$2,627
Nov 201282386.953.62$2,983
Oct 201289989.383.40$3,056
Sep 201270994.672.92$2,069
Aug 201269292.662.91$2,012
Jul 201284885.133.02$2,562
Jun 201296579.822.52$2,431
May 201250291.612.49$1,249
Apr 2012728101.652.00$1,454
Mar 2012859105.052.22$1,909
Feb 2012837101.102.57$2,151
Jan 201267198.092.73$1,835
Dec 201113296.873.24$428
Nov 201165995.723.31$2,182
Oct 201173784.983.65$2,689
Sep 201198283.623.99$3,914
Aug 20111,04683.404.15$4,340
Jul 20111,20294.144.52$5,430
Jun 201163192.904.64$2,928
May 201111098.134.40$485
Apr 20112105.964.33$9
Mar 20112096.364.06$81
Feb 20113185.644.18$130
Jan 20114986.504.59$225
Dec 20104185.734.35$178
Nov 20103880.843.80$144
Oct 20103978.103.51$137
Sep 20102772.633.98$107
Aug 20104373.684.42$190
Jul 20103872.554.74$180
Jun 2010270.364.91$10
May 20101171.124.24$47
Apr 20101381.694.12$54
Mar 2010678.394.39$26
Feb 20101673.585.44$87
Jan 20101374.365.96$78
Dec 20091371.445.48$71
Nov 20091474.593.75$53
Oct 20093072.544.11$123
Sep 20093065.543.06$92
Aug 200923667.423.22$760
Jul 200933061.133.46$1,143
Jun 200918866.163.90$732
May 20093454.743.93$133
Apr 200920046.773.59$718
Mar 200918442.144.06$747
Feb 200916532.814.63$764
Jan 200918335.865.37$983
Dec 200827537.105.98$1,644
Nov 200822155.496.86$1,516
Oct 200823575.246.92$1,627
Sep 2008319101.767.88$2,513
Aug 2008236114.228.48$2,002
Jul 2008434131.0811.39$4,943
Jun 2008339131.3313.03$4,418
May 2008444123.1711.57$5,139
Apr 2008341110.3110.45$3,565
Mar 2008619101.909.66$5,982
Feb 200863192.538.77$5,534
Jan 200872390.388.21$5,933
Dec 200749788.337.30$3,629
Nov 200756991.677.29$4,149
Oct 200768182.856.92$4,714
Sep 200764975.846.24$4,052
Aug 200769969.066.39$4,465
Jul 200777070.906.39$4,919
Jun 200775862.007.55$5,722
May 200780758.747.85$6,332
Apr 200739959.617.81$3,114
Mar 200795556.927.30$6,973
Feb 200757655.108.22$4,732
Jan 200758850.306.73$3,955
Dec 200644356.656.92$3,065
Nov 200648154.207.62$3,664
Oct 200656954.906.01$3,422
Sep 200662460.085.04$3,143
Aug 200648168.717.34$3,531
Jul 200663869.376.34$4,047
Jun 200662866.286.38$4,009
May 200634566.016.42$2,217
Apr 200646764.397.36$3,437
Mar 200632556.707.08$2,302
Feb 200633457.597.75$2,589
Jan 200637360.598.93$3,332
Dec 200526454.9413.42$3,542
Nov 200533054.6910.59$3,494
Oct 200564758.3413.80$8,926
Sep 200529961.4512.08$3,612
Aug 200563861.519.80$6,250
Jul 200570955.697.84$5,561
Jun 200568952.337.38$5,086
May 200568445.226.65$4,549
Apr 200550249.207.36$3,695
Mar 200524450.377.15$1,746
Feb 200534945.226.31$2,203
Jan 200539743.166.32$2,510
Dec 200456739.866.75$3,828
Nov 200463445.286.33$4,013
Oct 200464849.706.52$4,222
Sep 200461543.245.28$3,250
Aug 200456842.375.55$3,153
Jul 200452938.286.08$3,219
Jun 200439036.106.43$2,509
May 200447137.486.49$3,059
Apr 200439334.475.86$2,302
Mar 200453734.365.53$2,970
Feb 200449132.455.51$2,705
Jan 200452532.036.30$3,307
Dec 200355530.266.30$3,497
Nov 200353028.804.60$2,435
Oct 200352128.174.76$2,480
Sep 200353626.314.75$2,546
Aug 200349029.765.13$2,514
Jul 200341229.415.17$2,130
Jun 200355528.565.98$3,321
May 200347026.595.97$2,807
Apr 200346426.675.41$2,509
Mar 200358331.146.10$3,554
Feb 200348033.487.93$3,804
Jan 200353930.315.58$3,009
Dec 200254326.914.85$2,636
Nov 200255324.664.14$2,288
Oct 200257326.464.23$2,423
Sep 200258827.443.64$2,138
Aug 200255925.963.16$1,769
Jul 200256224.583.06$1,721
Jun 200261423.733.34$2,050
May 200259424.663.58$2,129
Apr 200257523.653.51$2,020
Mar 200259122.003.10$1,834
Feb 200237018.222.38$879
Jan 200262117.172.38$1,475
Dec 200159516.932.36$1,407
Nov 200156618.072.41$1,362
Oct 200159619.782.53$1,507
Sep 200157524.262.25$1,295
Aug 200156824.873.05$1,734
Jul 200142923.933.20$1,372
Jun 200148524.563.82$1,855
May 200145825.524.31$1,973
Apr 200127024.685.34$1,441
Mar 200152524.545.38$2,823
Feb 200137027.755.77$2,134
Jan 200159827.478.40$5,022
Dec 200055626.889.12$5,072
Nov 200061632.215.66$3,485
Oct 200045631.235.15$2,346
Sep 200058531.875.19$3,034
Aug 200046529.644.54$2,111
Jul 200045128.534.09$1,844
Jun 200052529.304.40$2,309
May 200045227.263.68$1,663
Apr 200040424.513.12$1,259
Mar 200058828.422.86$1,682
Feb 200039227.622.73$1,069
Jan 200052825.272.48$1,310
Dec 199949024.282.42$1,188
Nov 199953823.192.43$1,309
Oct 199974820.982.80$2,097
Sep 199965621.752.62$1,718
Aug 199975619.262.88$2,174
Jul 199974317.892.37$1,763
Jun 199949315.942.36$1,165
May 199943615.792.32$1,012
Apr 199949015.102.21$1,082
Mar 1999112.471.84$2
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998712.421.97$14
Sep 19986312.592.08$131
Aug 199813911.301.91$265
Jul 199810911.742.24$244
Jun 19989111.242.24$204
May 199812712.622.21$280
Apr 19986713.042.51$168
Mar 199810012.802.31$231
Feb 19983613.952.30$83
Jan 199812214.702.15$263
Dec 19972116.322.41$51
Nov 1997718.193.09$22
Oct 1997219.253.15$6
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 199719117.582.25$429
Jun 199721317.242.26$481
May 199713418.972.31$309
Apr 199713517.882.08$281
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 19961523.32$0
Nov 19962121.97$0
Oct 19962123.31$0
Sep 19961822.22$0
Aug 1996020.26$0
Jul 19961719.55$0
Jun 19964518.73$0
May 199617719.43$0
Apr 199620021.51$0
Mar 19969819.38$0
Feb 1996016.98$0
Jan 199610617.07$0
Dec 199517017.19$0
Nov 19952816.00$0
Oct 19951715.43$0
Sep 1995016.18$0
Aug 19959815.92$0
Jul 199520515.24$0
Jun 199519816.41$0
May 19951117.56$0
Apr 199523117.73$0
Mar 199520816.44$0
Feb 199517016.58$0
Jan 19955415.92$0
Dec 1994015.03$0
Nov 199412415.90$0
Oct 199423915.58$0
Sep 199429415.29$0
Aug 199432516.13$0
Jul 199432417.56$0
Jun 199426317.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 199429312.46$0
Feb 19942812.50$0
Jan 199424012.66$0
Dec 199321312.33$0
Nov 199326314.49$0
Oct 199318915.85$0
Sep 199327715.03$0
Aug 199325615.66$0
Jul 199323715.46$0
Jun 199319116.79$0
May 199320617.68$0
Apr 199331318.05$0
Mar 199334918.14$0
Feb 199332717.90$0
Jan 199333016.93$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.

May 2026 — as filed, then multipliedworked
Gas                   71 Mcf  × $  3.05 =       $216

────────────────────────────────────────────────────
Month total                                     $216

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/23929 is the state's own key, not one this site invented.