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 212397District 7BField 62400250CondensateGasSaveExport
Value, all time
$475 k
Sep 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
249
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
CondensateDisposition291 bbl$20,151
GasProduction68,705 Mcf$454,924
Total$475,075

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 32.9380, -98.4111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93805, -98.41105 · 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
100.0%
1 of 1 wells
Median depth
4,300 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,300 ft.

Completions filed
Sep 2005
1 of 1 wells
Plug dates filed
Jun 1986
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36330905144,300 ftSep 2005Jun 1986

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 (249)

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

249 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202306175.112.47$150
Jan 202306076.533.39$203
Dec 202206276.415.73$355
Nov 202206885.005.65$384
Oct 202206887.185.86$399
Sep 2022010184.888.16$825
Aug 2022011494.529.13$1,041
Jul 2022052101.587.54$392
Jun 2022056115.097.98$447
May 20220205109.378.43$1,729
Apr 20220210104.226.84$1,436
Mar 20220121108.885.08$614
Feb 202205191.054.86$248
Jan 202206081.844.54$272
Dec 202107271.323.90$281
Nov 202107177.435.24$372
Oct 202107179.795.71$406
Sep 2021016069.865.35$856
Aug 202107066.024.22$295
Jul 202107070.783.98$279
Jun 202107269.493.38$243
May 202107863.483.02$235
Apr 202107960.362.76$218
Mar 202108661.302.72$234
Feb 202106557.805.55$361
Jan 202107150.412.81$200
Dec 202008244.642.68$219
Nov 202008138.772.71$219
Oct 2020010536.972.48$260
Sep 2020010437.091.99$207
Aug 2020010739.982.39$255
Jul 2020010338.371.83$188
Jun 2020010234.901.69$172
May 2020010516.921.81$191
Apr 2020011214.751.80$202
Mar 2020011230.341.86$208
Feb 2020011049.881.98$218
Jan 2020011157.252.09$233
Dec 2019012159.012.30$279
Nov 2019011855.302.75$325
Oct 2019010153.472.42$244
Sep 2019010055.052.66$266
Aug 2019011053.112.30$253
Jul 2019012856.272.46$315
Jun 2019012052.782.49$299
May 2019013058.482.74$356
Apr 2019014162.632.75$388
Mar 2019024056.803.06$735
Feb 2019020150.852.79$561
Jan 2019025746.033.23$830
Dec 2018011846.594.19$494
Nov 2018011652.934.24$492
Oct 2018011761.443.40$398
Sep 2018011659.543.11$361
Aug 2018011559.403.07$353
Jul 2018011865.142.93$346
Jun 2018011760.183.08$360
May 2018011065.382.90$319
Apr 2018010463.842.90$302
Mar 2018010561.222.79$293
Feb 2018014461.782.77$398
Jan 2018018262.874.01$730
Dec 2017018057.272.92$526
Nov 2017018155.423.12$564
Oct 2017018049.292.98$537
Sep 2017018847.523.09$580
Aug 2017018645.373.00$559
Jul 2017018943.873.09$584
Jun 2017015942.493.09$491
May 2017014345.373.26$467
Apr 2017024147.933.21$774
Mar 2017025246.772.98$752
Feb 2017030850.452.95$909
Jan 2017020249.413.42$691
Dec 2016011748.763.72$436
Nov 2016022042.492.64$582
Oct 2016022046.193.09$680
Sep 2016021041.553.10$651
Aug 2016021841.442.92$638
Jul 2016021941.622.92$640
Jun 2016018345.352.69$492
May 2016028742.521.99$571
Apr 2016028536.561.99$567
Mar 2016029033.011.79$520
Feb 2016028426.472.06$586
Jan 2016031727.352.36$750
Dec 2015030932.362.00$618
Nov 2015030838.792.17$668
Oct 2015020843.552.43$505
Sep 2015033842.992.76$932
Aug 2015047940.162.87$1,376
Jul 2015041748.152.95$1,228
Jun 2015015356.152.88$441
May 2015036755.212.96$1,085
Apr 20150049.822.71$0
Mar 2015024642.892.93$722
Feb 2015021644.662.98$643
Jan 2015023443.433.10$726
Dec 2014023354.693.59$837
Nov 2014021070.464.25$893
Oct 2014022778.303.90$886
Sep 2014021786.164.05$878
Aug 2014027189.394.04$1,094
Jul 2014018096.564.18$752
Jun 2014020198.164.74$952
May 2014028094.734.73$1,323
Apr 2014014695.944.81$702
Mar 2014020095.895.06$1,011
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013014991.824.35$649
Nov 2013015688.853.74$583
Oct 2013010297.423.78$385
Sep 20130150104.113.72$558
Aug 20130111104.253.52$391
Jul 20130104102.523.72$387
Jun 201309494.403.93$370
May 2013021194.834.15$875
Apr 201309093.964.28$385
Mar 2013018093.623.91$704
Feb 2013010591.233.42$359
Jan 2013013691.603.42$465
Dec 2012021286.773.42$725
Nov 2012014986.953.62$540
Oct 2012017289.383.40$585
Sep 2012013994.672.92$406
Aug 2012024092.662.91$698
Jul 2012018085.133.02$544
Jun 2012020179.822.52$506
May 2012022791.612.49$565
Apr 20120206101.652.00$411
Mar 20120281105.052.22$624
Feb 20120265101.102.57$681
Jan 2012026798.092.73$730
Dec 2011033696.873.24$1,089
Nov 2011022995.723.31$758
Oct 2011031984.983.65$1,164
Sep 2011021583.623.99$857
Aug 2011027083.404.15$1,120
Jul 2011029894.144.52$1,346
Jun 2011033792.904.64$1,564
May 2011032698.134.40$1,436
Apr 20110272105.964.33$1,179
Mar 2011027396.364.06$1,108
Feb 2011020185.644.18$840
Jan 2011024186.504.59$1,106
Dec 2010025685.734.35$1,113
Nov 2010028580.843.80$1,082
Oct 2010023278.103.51$814
Sep 2010024072.633.98$955
Aug 2010031973.684.42$1,410
Jul 2010032372.554.74$1,530
Jun 20104120270.364.91$3,877
May 2010030971.124.24$1,309
Apr 2010021081.694.12$866
Mar 2010025678.394.39$1,124
Feb 2010026373.585.44$1,431
Jan 2010027274.365.96$1,622
Dec 2009016971.445.48$927
Nov 2009020674.593.75$773
Oct 2009025772.544.11$1,056
Sep 2009025565.543.06$782
Aug 2009034867.423.22$1,120
Jul 2009026561.133.46$918
Jun 2009032866.163.90$1,278
May 2009039854.743.93$1,562
Apr 2009034246.773.59$1,227
Mar 2009025042.144.06$1,015
Feb 2009029532.814.63$1,367
Jan 2009026435.865.37$1,418
Dec 2008037337.105.98$2,229
Nov 2008024255.496.86$1,660
Oct 2008042475.246.92$2,935
Sep 20080351101.767.88$2,765
Aug 20080526114.228.48$4,462
Jul 20080305131.0811.39$3,474
Jun 20080504131.3313.03$6,568
May 200834601123.1711.57$11,144
Apr 20080575110.3110.45$6,012
Mar 20080452101.909.66$4,368
Feb 2008040792.538.77$3,570
Jan 2008041490.388.21$3,397
Dec 2007031788.337.30$2,315
Nov 2007068491.677.29$4,988
Oct 2007058582.856.92$4,049
Sep 20070075.846.24$0
Aug 2007075369.066.39$4,810
Jul 200701,52170.906.39$9,716
Jun 2007075062.007.55$5,661
May 2007079358.747.85$6,222
Apr 2007096059.617.81$7,493
Mar 2007027256.927.30$1,986
Feb 2007038455.108.22$3,155
Jan 2007045850.306.73$3,081
Dec 2006040456.656.92$2,795
Nov 2006065754.207.62$5,005
Oct 2006461,07154.906.01$8,966
Sep 200601,25360.085.04$6,312
Aug 200601,14168.717.34$8,375
Jul 200601,20769.376.34$7,656
Jun 20061071,12166.286.38$14,248
May 200601,26366.016.42$8,115
Apr 200601,16464.397.36$8,568
Mar 2006029956.707.08$2,118
Feb 2006044657.597.75$3,457
Jan 200601,12360.598.93$10,032
Dec 2005632,64654.9413.42$38,958
Nov 200505,16354.6910.59$54,668
Oct 200503,59158.3413.80$49,541
Sep 200502,10161.4512.08$25,378

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.

Feb 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.11 =         $0
Gas                   61 Mcf  × $  2.47 =       $150

────────────────────────────────────────────────────
Month total                                     $150

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/212397 is the state's own key, not one this site invented.