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 23937District 10Field 68831001NGPA filingGasSaveExport
Value, all time
$576 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
GasProduction124,572 Mcf$576,060
Total$576,060

17,113 Mcf of this lease's gas, across 45 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 35.6992, -101.4798. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.69917, -101.47981 · 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

42-23380165M 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 20201130.341.86$20
Feb 2020449.881.98$8
Jan 2020557.252.09$10
Dec 2019059.012.30$0
Nov 20191855.302.75$50
Oct 20197253.472.42$174
Sep 201914655.052.66$388
Aug 20194453.112.30$101
Jul 201910256.272.46$251
Jun 201912652.782.49$314
May 20194258.482.74$115
Apr 20191162.632.75$30
Mar 20193656.803.06$110
Feb 20193250.852.79$89
Jan 20192146.033.23$68
Dec 20181846.594.19$75
Nov 20181352.934.24$55
Oct 2018661.443.40$20
Sep 2018659.543.11$19
Aug 2018459.403.07$12
Jul 2018165.142.93$3
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018463.842.90$12
Mar 2018961.222.79$25
Feb 20183461.782.77$94
Jan 20181962.874.01$76
Dec 20172057.272.92$58
Nov 20171355.423.12$41
Oct 20171349.292.98$39
Sep 2017247.523.09$6
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 2017649.413.42$21
Dec 2016048.763.72$0
Nov 201611442.492.64$301
Oct 201617446.193.09$538
Sep 201617441.553.10$540
Aug 201620241.442.92$591
Jul 201620341.622.92$594
Jun 201616545.352.69$443
May 20165442.521.99$108
Apr 20169236.561.99$183
Mar 201620033.011.79$359
Feb 201618226.472.06$376
Jan 201615627.352.36$369
Dec 201513832.362.00$276
Nov 201517538.792.17$379
Oct 201520843.552.43$505
Sep 201520842.992.76$574
Aug 201510740.162.87$307
Jul 201525648.152.95$754
Jun 201526556.152.88$764
May 201528655.212.96$845
Apr 201518249.822.71$493
Mar 201526742.892.93$784
Feb 201523244.662.98$690
Jan 201521243.433.10$657
Dec 201423854.693.59$855
Nov 201426070.464.25$1,105
Oct 201423978.303.90$932
Sep 201427986.164.05$1,129
Aug 201425389.394.04$1,021
Jul 201435396.564.18$1,475
Jun 201433398.164.74$1,577
May 201417694.734.73$832
Apr 201420595.944.81$986
Mar 201430695.895.06$1,547
Feb 201427497.406.19$1,697
Jan 201429990.404.86$1,453
Dec 201326691.824.35$1,158
Nov 201331388.853.74$1,170
Oct 201326397.423.78$994
Sep 2013266104.113.72$989
Aug 2013260104.253.52$916
Jul 2013285102.523.72$1,060
Jun 201327294.403.93$1,070
May 201331194.834.15$1,290
Apr 201324393.964.28$1,041
Mar 201324993.623.91$974
Feb 201324091.233.42$821
Jan 201327091.603.42$923
Dec 201225886.773.42$882
Nov 201229386.953.62$1,062
Oct 201230789.383.40$1,044
Sep 201230394.672.92$884
Aug 201230192.662.91$875
Jul 201235385.133.02$1,066
Jun 201235479.822.52$892
May 201233691.612.49$836
Apr 2012346101.652.00$691
Mar 2012232105.052.22$516
Feb 2012186101.102.57$478
Jan 201237298.092.73$1,017
Dec 20118496.873.24$272
Nov 201135695.723.31$1,179
Oct 201142184.983.65$1,536
Sep 201133983.623.99$1,351
Aug 201134883.404.15$1,444
Jul 201141294.144.52$1,861
Jun 201136192.904.64$1,675
May 201140498.134.40$1,780
Apr 2011190105.964.33$823
Mar 201137896.364.06$1,534
Feb 201131685.644.18$1,321
Jan 201128586.504.59$1,308
Dec 201040085.734.35$1,739
Nov 201040580.843.80$1,537
Oct 201050978.103.51$1,786
Sep 201050272.633.98$1,998
Aug 201040273.684.42$1,777
Jul 201030072.554.74$1,421
Jun 201050470.364.91$2,475
May 201050371.124.24$2,130
Apr 201050781.694.12$2,090
Mar 201057978.394.39$2,541
Feb 201043073.585.44$2,340
Jan 201038874.365.96$2,314
Dec 200943671.445.48$2,391
Nov 200940874.593.75$1,531
Oct 200932972.544.11$1,352
Sep 200943965.543.06$1,345
Aug 200933767.423.22$1,085
Jul 200954061.133.46$1,871
Jun 200953066.163.90$2,064
May 200957454.743.93$2,253
Apr 200943846.773.59$1,571
Mar 200953742.144.06$2,180
Feb 200945632.814.63$2,113
Jan 200955635.865.37$2,986
Dec 200824537.105.98$1,464
Nov 200862455.496.86$4,281
Oct 200843675.246.92$3,018
Sep 2008545101.767.88$4,293
Aug 2008521114.228.48$4,420
Jul 2008412131.0811.39$4,692
Jun 2008328131.3313.03$4,275
May 2008533123.1711.57$6,169
Apr 2008787110.3110.45$8,228
Mar 2008331101.909.66$3,199
Feb 200823992.538.77$2,096
Jan 200839090.388.21$3,200
Dec 200777688.337.30$5,666
Nov 200783791.677.29$6,103
Oct 200778282.856.92$5,413
Sep 200778375.846.24$4,889
Aug 200779069.066.39$5,046
Jul 200781070.906.39$5,174
Jun 200777362.007.55$5,835
May 200790958.747.85$7,132
Apr 200740259.617.81$3,138
Mar 200789156.927.30$6,506
Feb 200768255.108.22$5,603
Jan 200743850.306.73$2,946
Dec 200671456.656.92$4,940
Nov 200690154.207.62$6,863
Oct 200690854.906.01$5,461
Sep 200693260.085.04$4,695
Aug 200684668.717.34$6,210
Jul 200695369.376.34$6,045
Jun 200691266.286.38$5,822
May 20061,02266.016.42$6,566
Apr 200686764.397.36$6,382
Mar 200698656.707.08$6,984
Feb 200642157.597.75$3,263
Jan 200651060.598.93$4,556
Dec 200553554.9413.42$7,177
Nov 200579154.6910.59$8,375
Oct 200599658.3413.80$13,741
Sep 200547661.4512.08$5,750
Aug 200592761.519.80$9,082
Jul 200579655.697.84$6,244
Jun 200578952.337.38$5,824
May 200585245.226.65$5,667
Apr 200578649.207.36$5,785
Mar 200566950.377.15$4,787
Feb 200570545.226.31$4,450
Jan 200573743.166.32$4,659
Dec 200448139.866.75$3,247
Nov 200474345.286.33$4,704
Oct 200481749.706.52$5,323
Sep 200488843.245.28$4,692
Aug 200492242.375.55$5,118
Jul 200489738.286.08$5,458
Jun 200474436.106.43$4,786
May 200476937.486.49$4,994
Apr 200459634.475.86$3,492
Mar 200463834.365.53$3,528
Feb 200464432.455.51$3,548
Jan 200479432.036.30$5,002
Dec 200378330.266.30$4,934
Nov 200386328.804.60$3,966
Oct 200380728.174.76$3,841
Sep 200378526.314.75$3,728
Aug 200362829.765.13$3,221
Jul 200382629.415.17$4,271
Jun 200362428.565.98$3,733
May 200374026.595.97$4,420
Apr 200370926.675.41$3,834
Mar 200361531.146.10$3,749
Feb 200350733.487.93$4,018
Jan 200346530.315.58$2,596
Dec 200269326.914.85$3,364
Nov 200277624.664.14$3,210
Oct 20021,12726.464.23$4,766
Sep 200281227.443.64$2,952
Aug 200280325.963.16$2,541
Jul 200270924.583.06$2,171
Jun 200263523.733.34$2,120
May 200256424.663.58$2,021
Apr 200253723.653.51$1,886
Mar 200239122.003.10$1,213
Feb 200241418.222.38$984
Jan 200256017.172.38$1,330
Dec 200156216.932.36$1,329
Nov 200161118.072.41$1,470
Oct 200167519.782.53$1,707
Sep 200162924.262.25$1,416
Aug 200169624.873.05$2,125
Jul 200169023.933.20$2,206
Jun 200154324.563.82$2,077
May 200161425.524.31$2,645
Apr 200140424.685.34$2,155
Mar 200150624.545.38$2,720
Feb 200141427.755.77$2,388
Jan 200160727.478.40$5,098
Dec 200056126.889.12$5,118
Nov 200063532.215.66$3,593
Oct 200060231.235.15$3,098
Sep 200071131.875.19$3,688
Aug 200056129.644.54$2,547
Jul 200083928.534.09$3,431
Jun 200065329.304.40$2,871
May 200057127.263.68$2,101
Apr 200047524.513.12$1,480
Mar 200060228.422.86$1,722
Feb 200050527.622.73$1,377
Jan 200060225.272.48$1,493
Dec 199938024.282.42$921
Nov 199961323.192.43$1,492
Oct 199941420.982.80$1,161
Sep 199948021.752.62$1,257
Aug 199966119.262.88$1,901
Jul 199965117.892.37$1,544
Jun 19991,04015.942.36$2,457
May 199923015.792.32$534
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 19972823.483.54$99
Dec 1996023.32$0
Nov 1996021.97$0
Oct 199631623.31$0
Sep 199631822.22$0
Aug 199635720.26$0
Jul 199629419.55$0
Jun 199635018.73$0
May 199647819.43$0
Apr 199646321.51$0
Mar 199642719.38$0
Feb 199636916.98$0
Jan 199637117.07$0
Dec 199544317.19$0
Nov 199544516.00$0
Oct 199541315.43$0
Sep 199538616.18$0
Aug 199537615.92$0
Jul 199546715.24$0
Jun 199531716.41$0
May 1995017.56$0
Apr 19951417.73$0
Mar 19959416.44$0
Feb 199532916.58$0
Jan 199538815.92$0
Dec 199441315.03$0
Nov 199440415.90$0
Oct 199439015.58$0
Sep 199443515.29$0
Aug 199447216.13$0
Jul 199437517.56$0
Jun 199442617.09$0
May 199427815.88$0
Apr 199439514.14$0
Mar 199445612.46$0
Feb 199435712.50$0
Jan 199445912.66$0
Dec 199333912.33$0
Nov 199339514.49$0
Oct 199343015.85$0
Sep 199342715.03$0
Aug 199343015.66$0
Jul 199343015.46$0
Jun 199338516.79$0
May 199333417.68$0
Apr 199344018.05$0
Mar 199342718.14$0
Feb 199336317.90$0
Jan 199343816.93$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                   11 Mcf  × $  1.86 =        $20

────────────────────────────────────────────────────
Month total                                      $20

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/23937 is the state's own key, not one this site invented.