BEST, JOE

Operated by LEXGAS, INC. (P-5 500222) in the MOMMA BEAR (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196748District 7BField 62400250CondensateGasSaveExport
Value, all time
$325 k
May 2003 – May 2023
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
241
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 32 leases and 32 wells, and the rule below applies to all of them.

Discovered
1992-06-23
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 11/01/92.

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
CondensateDisposition170 bbl$7,512
GasProduction57,095 Mcf$317,951
Total$325,463

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 32.9315, -98.4170. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93151, -98.41699 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,350 ft
1 wells filed one
Completion to plug
20.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 4,350 ft.

Completions filed
May 2003
1 of 1 wells
Plug dates filed
May 2023
1 of 1 wells

Last completion to plug: a median of 20.0 years across the 1 well that filed both dates, with the middle half between 20.0 years and 20.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633515884,350 ftMay 2003May 2023Yes

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 (241)

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

241 months

May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 202205176.415.73$292
Nov 202208085.005.65$452
Oct 202208087.185.86$469
Sep 2022010084.888.16$816
Aug 2022013394.529.13$1,214
Jul 2022050101.587.54$377
Jun 2022050115.097.98$399
May 20220175109.378.43$1,476
Apr 20220180104.226.84$1,231
Mar 20220170108.885.08$863
Feb 202205191.054.86$248
Jan 202205281.844.54$236
Dec 2021033971.323.90$1,322
Nov 2021025177.435.24$1,314
Oct 2021033979.795.71$1,937
Sep 2021024069.865.35$1,284
Aug 2021025066.024.22$1,055
Jul 2021023070.783.98$916
Jun 2021014169.493.38$477
May 2021010463.483.02$314
Apr 2021010160.362.76$279
Mar 2021010961.302.72$296
Feb 202108457.805.55$466
Jan 202107950.412.81$222
Dec 2020010244.642.68$273
Nov 202008838.772.71$238
Oct 2020010436.972.48$258
Sep 2020010137.091.99$201
Aug 2020010939.982.39$260
Jul 2020010538.371.83$192
Jun 2020010734.901.69$181
May 2020010916.921.81$198
Apr 2020011114.751.80$200
Mar 2020011530.341.86$213
Feb 2020011049.881.98$218
Jan 2020012057.252.09$251
Dec 2019012159.012.30$279
Nov 2019010255.302.75$281
Oct 2019010153.472.42$244
Sep 2019010055.052.66$266
Aug 2019010153.112.30$233
Jul 2019010256.272.46$251
Jun 2019010152.782.49$252
May 2019010158.482.74$277
Apr 2019010062.632.75$275
Mar 2019010156.803.06$309
Feb 2019010150.852.79$282
Jan 2019010346.033.23$333
Dec 2018010346.594.19$431
Nov 2018010252.934.24$432
Oct 2018010261.443.40$347
Sep 2018010359.543.11$320
Aug 2018010159.403.07$310
Jul 2018010765.142.93$314
Jun 2018011160.183.08$342
May 2018010965.382.90$316
Apr 2018010863.842.90$313
Mar 2018010561.222.79$293
Feb 2018010361.782.77$285
Jan 2018010762.874.01$429
Dec 2017011557.272.92$336
Nov 2017011655.423.12$362
Oct 2017011849.292.98$352
Sep 2017012347.523.09$380
Aug 2017017945.373.00$538
Jul 2017018143.873.09$559
Jun 2017016042.493.09$494
May 2017018045.373.26$587
Apr 2017012247.933.21$392
Mar 2017012146.772.98$361
Feb 2017011950.452.95$351
Jan 2017011749.413.42$400
Dec 2016020248.763.72$752
Nov 2016020142.492.64$532
Oct 2016020146.193.09$621
Sep 2016021141.553.10$654
Aug 20160041.442.92$0
Jul 2016034841.622.92$1,018
Jun 2016013845.352.69$371
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016030926.472.06$638
Jan 2016025727.352.36$608
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014022054.693.59$790
Nov 2014023070.464.25$978
Oct 2014028578.303.90$1,112
Sep 2014041086.164.05$1,659
Aug 2014040089.394.04$1,614
Jul 2014040496.564.18$1,689
Jun 2014048098.164.74$2,274
May 2014047194.734.73$2,226
Apr 2014020895.944.81$1,000
Mar 2014030195.895.06$1,522
Feb 2014024897.406.19$1,536
Jan 2014028490.404.86$1,380
Dec 2013020291.824.35$880
Nov 2013014688.853.74$546
Oct 2013014397.423.78$540
Sep 20130234104.113.72$870
Aug 20130210104.253.52$740
Jul 20130287102.523.72$1,067
Jun 2013016494.403.93$645
May 2013016494.834.15$680
Apr 2013024093.964.28$1,028
Mar 2013022393.623.91$873
Feb 2013027191.233.42$927
Jan 2013027391.603.42$934
Dec 2012017786.773.42$605
Nov 2012029886.953.62$1,080
Oct 2012020889.383.40$707
Sep 2012021094.672.92$613
Aug 2012024392.662.91$707
Jul 2012030885.133.02$930
Jun 2012017379.822.52$436
May 2012024391.612.49$605
Apr 20120450101.652.00$899
Mar 20120615105.052.22$1,367
Feb 20120377101.102.57$969
Jan 2012035998.092.73$982
Dec 2011030896.873.24$998
Nov 2011036195.723.31$1,195
Oct 2011035884.983.65$1,306
Sep 2011036683.623.99$1,459
Aug 2011038883.404.15$1,610
Jul 2011036294.144.52$1,635
Jun 2011037992.904.64$1,759
May 2011037298.134.40$1,639
Apr 20110390105.964.33$1,690
Mar 2011013796.364.06$556
Feb 2011011385.644.18$472
Jan 2011019386.504.59$886
Dec 2010022885.734.35$991
Nov 2010011980.843.80$452
Oct 2010019178.103.51$670
Sep 2010014472.633.98$573
Aug 2010010673.684.42$468
Jul 2010010872.554.74$512
Jun 201003570.364.91$172
May 2010015471.124.24$652
Apr 2010021081.694.12$866
Mar 2010022878.394.39$1,001
Feb 2010021073.585.44$1,143
Jan 2010021774.365.96$1,294
Dec 2009028171.445.48$1,541
Nov 2009023774.593.75$889
Oct 2009025772.544.11$1,056
Sep 2009019165.543.06$585
Aug 2009020867.423.22$669
Jul 2009029261.133.46$1,012
Jun 2009021766.163.90$845
May 2009025354.743.93$993
Apr 2009027746.773.59$994
Mar 2009026242.144.06$1,063
Feb 2009032232.814.63$1,492
Jan 2009028035.865.37$1,504
Dec 2008037037.105.98$2,212
Nov 2008021155.496.86$1,448
Oct 2008026575.246.92$1,834
Sep 20080330101.767.88$2,599
Aug 20080421114.228.48$3,571
Jul 20080280131.0811.39$3,189
Jun 20080345131.3313.03$4,496
May 20080337123.1711.57$3,901
Apr 20080366110.3110.45$3,826
Mar 20080437101.909.66$4,223
Feb 2008045292.538.77$3,964
Jan 2008041890.388.21$3,430
Dec 2007041288.337.30$3,008
Nov 2007015191.677.29$1,101
Oct 2007035382.856.92$2,443
Sep 2007023275.846.24$1,449
Aug 2007039969.066.39$2,549
Jul 2007023670.906.39$1,508
Jun 2007042062.007.55$3,170
May 2007041158.747.85$3,225
Apr 2007038459.617.81$2,997
Mar 2007040456.927.30$2,950
Feb 2007041655.108.22$3,418
Jan 2007038650.306.73$2,597
Dec 2006044456.656.92$3,072
Nov 2006044554.207.62$3,390
Oct 2006051754.906.01$3,109
Sep 2006053860.085.04$2,710
Aug 2006045468.717.34$3,332
Jul 2006043869.376.34$2,778
Jun 2006049966.286.38$3,186
May 2006056766.016.42$3,643
Apr 2006047764.397.36$3,511
Mar 2006026556.707.08$1,877
Feb 2006063957.597.75$4,953
Jan 2006041960.598.93$3,743
Dec 2005045254.9413.42$6,064
Nov 2005051654.6910.59$5,464
Oct 2005044058.3413.80$6,070
Sep 2005060061.4512.08$7,247
Aug 2005029761.519.80$2,910
Jul 2005043455.697.84$3,404
Jun 2005045852.337.38$3,381
May 2005059545.226.65$3,957
Apr 2005061449.207.36$4,519
Mar 2005055350.377.15$3,957
Feb 20058573945.226.31$8,508
Jan 20058581043.166.32$8,790
Dec 2004058439.866.75$3,943
Nov 200401,00945.286.33$6,387
Oct 200401,07049.706.52$6,971
Sep 2004064243.245.28$3,392
Aug 2004031042.375.55$1,721
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 200402832.455.51$154
Jan 2004043432.036.30$2,734
Dec 2003042230.266.30$2,659
Nov 2003011128.804.60$510
Oct 2003011528.174.76$547
Sep 2003047426.314.75$2,251
Aug 200308029.765.13$410
Jul 2003050929.415.17$2,632
Jun 2003028428.565.98$1,699
May 2003073126.595.97$4,366

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.

Dec 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.41 =         $0
Gas                   51 Mcf  × $  5.73 =       $292

────────────────────────────────────────────────────
Month total                                     $292

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. 7B/G/196748 is the state's own key, not one this site invented.