LEDBETTER 66

Operated by UNBRIDLED RESOURCES, LLC (P-5 875461) in the STILES RANCH (GRANITE WASH CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268035District 10Field 861252502 tax incentive programmesCondensateGasSaveExport
Value, all time
$20.5 M
Sep 2012 – May 2026
Value, last 12 filed months
$421 k
at the published price for each month
Months reported
165
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 906 leases and 906 wells, and the rule below applies to all of them.

Discovered
2008-06-24
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-10-11.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112013-08-26211000
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
CondensateDisposition103,314 bbl$7,837,996
GasProduction3,635,469 Mcf$12,669,877
Total$20,507,873

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 35.4158, -100.0695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.41575, -100.06954 · 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
12,677 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 12,677 ft.

Completions filed
Sep 2012
1 of 1 wells

1 well

42-4833351122H12,677 ftSep 2012

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 (165)

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

165 months

May 202607,664106.413.05$23,343
Apr 20261937,32098.932.87$40,100
Mar 202607,55589.753.15$23,794
Feb 202608,60563.503.75$32,272
Jan 202606,46059.138.00$51,667
Dec 202508,97056.664.41$39,588
Nov 202508,96758.593.93$35,208
Oct 20251888,50159.383.30$39,258
Sep 202508,62862.743.08$26,548
Aug 20251809,65363.933.01$40,609
Jul 202509,83866.743.32$32,615
Jun 20251169,04666.483.13$36,014
May 202513110,22960.553.23$40,995
Apr 202530011,90462.363.54$60,885
Mar 202518510,47967.704.27$57,252
Feb 202519213,84070.884.34$73,686
Jan 2025010,62374.324.28$45,452
Dec 202416510,11968.993.12$42,968
Nov 2024010,26069.052.20$22,556
Oct 202425410,28171.372.28$41,583
Sep 2024010,23769.612.36$24,204
Aug 2024011,24975.632.06$23,214
Jul 20249011,39379.932.15$31,650
Jun 202413311,42078.082.63$40,465
May 2024011,55478.812.20$25,401
Apr 20246512,03684.451.66$25,459
Mar 202418712,48480.301.55$34,306
Feb 2024011,70576.091.78$20,878
Jan 202419012,47073.023.30$54,996
Dec 202318512,54871.262.61$45,942
Nov 2023011,84177.892.81$33,244
Oct 202318310,92585.443.09$49,364
Sep 2023013,24189.042.74$36,215
Aug 202319915,44180.522.67$57,295
Jul 202338316,25074.852.64$71,597
Jun 202319015,55868.962.26$48,240
May 202320115,38970.622.23$48,472
Apr 202335915,71578.122.24$63,211
Mar 202319116,23972.852.39$52,777
Feb 202319116,28375.112.47$54,495
Jan 202317915,99976.533.39$67,899
Dec 202216813,90076.415.73$92,471
Nov 202218712,93785.005.65$88,940
Oct 2022013,18387.185.86$77,302
Sep 202219115,48084.888.16$142,586
Aug 2022015,55294.529.13$141,946
Jul 2022020,626101.587.54$155,563
Jun 202200115.097.98$0
May 202219315,869109.378.43$154,932
Apr 202218712,523104.226.84$105,116
Mar 202219313,135108.885.08$87,692
Feb 202219410,78491.054.86$70,061
Jan 202236212,75181.844.54$87,486
Dec 202136212,03771.323.90$72,752
Nov 202138313,46177.435.24$100,149
Oct 2021012,67279.795.71$72,406
Sep 202119413,07769.865.35$83,527
Aug 202117815,65966.024.22$77,842
Jul 202156117,39870.783.98$108,988
Jun 202118712,19569.493.38$54,221
May 202119114,90363.483.02$57,097
Apr 202137616,92860.362.76$69,390
Mar 202133116,68761.302.72$65,628
Feb 202104,99657.805.55$27,718
Jan 202137913,98550.412.81$58,407
Dec 202035112,91344.642.68$50,217
Nov 20201,05512,87838.772.71$75,758
Oct 202019412,69336.972.48$38,631
Sep 202028912,67337.091.99$35,951
Aug 202019412,58539.982.39$37,773
Jul 202038012,69338.371.83$37,747
Jun 202038113,69134.901.69$36,439
May 202019115,04816.921.81$30,540
Apr 202054313,73214.751.80$32,787
Mar 202038215,12330.341.86$39,662
Feb 202038115,44049.881.98$49,586
Jan 202055016,31557.252.09$65,663
Dec 201937715,77959.012.30$58,607
Nov 201938418,55955.302.75$72,285
Oct 201976419,53853.472.42$88,105
Sep 201938318,55355.052.66$70,385
Aug 201975719,04553.112.30$84,091
Jul 201919219,16256.272.46$57,944
Jun 201954913,57352.782.49$62,789
May 201908,77958.482.74$24,057
Apr 201938511,34962.632.75$55,330
Mar 201919513,36456.803.06$51,998
Feb 2019010,90350.852.79$30,444
Jan 201938413,18246.033.23$60,229
Dec 201856213,47146.594.19$82,566
Nov 201819214,41352.934.24$71,234
Oct 201819514,82761.443.40$62,364
Sep 2018013,60759.543.11$42,291
Aug 201819514,22259.403.07$55,196
Jul 201837214,12065.142.93$65,630
Jun 201817913,55360.183.08$52,474
May 201837214,05865.382.90$65,101
Apr 201819014,35563.842.90$53,771
Mar 201838414,35661.222.79$63,516
Feb 201819212,24861.782.77$45,741
Jan 201838315,55962.874.01$86,460
Dec 201738913,51257.272.92$61,754
Nov 201738115,16855.423.12$68,414
Oct 201738015,87249.292.98$66,087
Sep 201738015,72747.523.09$66,611
Aug 201737716,78645.373.00$67,536
Jul 201737517,64143.873.09$70,914
Jun 201737317,06142.493.09$68,521
May 201738016,91045.373.26$72,425
Apr 201755216,48647.933.21$79,404
Mar 201738017,27046.772.98$69,301
Feb 201738815,64050.452.95$65,753
Jan 201738417,74049.413.42$79,623
Dec 201656419,50448.763.72$100,111
Nov 2016019,58142.492.64$51,779
Oct 201657128,17046.193.09$113,427
Sep 201674625,14241.553.10$108,952
Aug 201635322,65041.442.92$80,865
Jul 201653822,23241.622.92$87,405
Jun 201657121,13945.352.69$82,671
May 201657121,40642.521.99$66,899
Apr 201673421,09936.561.99$68,844
Mar 201656022,15433.011.79$58,230
Feb 201637721,91426.472.06$55,202
Jan 201677124,05027.352.36$77,950
Dec 201557324,73632.362.00$68,049
Nov 201538623,57338.792.17$66,063
Oct 201575224,63543.552.43$92,528
Sep 201556924,63742.992.76$92,421
Aug 201574625,81040.162.87$104,098
Jul 201574125,89648.152.95$111,945
Jun 201553725,49656.152.88$103,654
May 201572027,11155.212.96$119,876
Apr 201573727,29749.822.71$110,599
Mar 201573729,26542.892.93$117,494
Feb 201592727,25744.662.98$122,522
Jan 20151,09231,42543.433.10$144,863
Dec 201491233,66654.693.59$170,784
Nov 201472437,05970.464.25$208,582
Oct 201490238,63278.303.90$221,328
Sep 20141,10136,72286.164.05$243,419
Aug 201492338,96989.394.04$239,752
Jul 20141,30439,78096.564.18$292,179
Jun 20141,24840,29498.164.74$313,372
May 201487842,51194.734.73$284,104
Apr 20141,08939,63495.944.81$295,083
Mar 201492326,77395.895.06$223,892
Feb 201494121,81697.406.19$226,738
Jan 20141,74838,31490.404.86$344,253
Dec 20131,05633,19491.824.35$241,505
Nov 20131,72136,25888.853.74$288,453
Oct 20132,04442,10097.423.78$358,238
Sep 20131,50144,381104.113.72$321,266
Aug 20132,13651,461104.253.52$403,955
Jul 20132,60860,258102.523.72$491,396
Jun 20133,26565,59294.403.93$566,216
May 20133,15376,53694.834.15$616,553
Apr 20132,93071,83693.964.28$582,947
Mar 20133,71379,31793.623.91$657,968
Feb 20134,237116,62691.233.42$785,392
Jan 20136,427153,63991.603.42$1,114,145
Dec 20127,557168,06986.773.42$1,230,544
Nov 20126,537114,02486.953.62$981,725
Oct 20120089.383.40$0
Sep 20120094.672.92$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
Condensate             0 bbl  × $106.41 =         $0
Gas                7,664 Mcf  × $  3.05 =    $23,343

────────────────────────────────────────────────────
Month total                                  $23,343

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/268035 is the state's own key, not one this site invented.