BEST, JOE

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

Gas lease lease 218971District 7BField 71370400CondensateGasSaveExport
Value, all time
$491 k
Jul 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
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 43 leases and 54 wells, and the rule below applies to all of them.

Discovered
1978-11-08
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 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 2012-06-01.

The Commission's schedule remark for this field reads: WES-MOR DRILLING, INC.

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
CondensateDisposition223 bbl$16,312
GasProduction98,177 Mcf$475,100
Total$491,412

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 32.9323, -98.4190. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93226, -98.41902 · 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
4,320 ft
1 wells filed one
Completion to plug
22.0 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 4,320 ft.

Completions filed
Jun 2004
1 of 1 wells
Plug dates filed
Jun 2026
1 of 1 wells

Last completion to plug: a median of 22.0 years across the 1 well that filed both dates, with the middle half between 22.0 years and 22.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633525514,320 ftJun 2004Jun 2026Yes

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 (239)

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

239 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 2023021068.962.26$474
May 2023020070.622.23$445
Apr 2023010278.122.24$228
Mar 202305072.852.39$120
Feb 2023015575.112.47$382
Jan 2023025576.533.39$864
Dec 2022023876.415.73$1,364
Nov 2022024985.005.65$1,406
Oct 2022016887.185.86$985
Sep 2022022084.888.16$1,796
Aug 2022024094.529.13$2,191
Jul 20220220101.587.54$1,659
Jun 20220340115.097.98$2,712
May 20220434109.378.43$3,660
Apr 20220401104.226.84$2,742
Mar 20220309108.885.08$1,569
Feb 2022020191.054.86$977
Jan 2022031081.844.54$1,407
Dec 2021032071.323.90$1,248
Nov 2021017577.435.24$916
Oct 2021031879.795.71$1,817
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021033170.783.98$1,318
Jun 2021031369.493.38$1,058
May 2021031063.483.02$935
Apr 2021028060.362.76$772
Mar 2021023861.302.72$647
Feb 2021023057.805.55$1,276
Jan 2021028050.412.81$787
Dec 2020023944.642.68$639
Nov 2020022138.772.71$598
Oct 2020036136.972.48$895
Sep 2020036037.091.99$717
Aug 2020026139.982.39$623
Jul 2020024038.371.83$438
Jun 2020024534.901.69$414
May 2020024816.921.81$450
Apr 2020026814.751.80$484
Mar 2020029930.341.86$555
Feb 2020026049.881.98$515
Jan 2020027057.252.09$566
Dec 2019028059.012.30$645
Nov 2019028155.302.75$773
Oct 2019010053.472.42$242
Sep 20193225655.052.66$2,442
Aug 2019015953.112.30$366
Jul 2019017956.272.46$440
Jun 2019016552.782.49$411
May 2019038058.482.74$1,041
Apr 2019033562.632.75$921
Mar 2019037456.803.06$1,145
Feb 2019030750.852.79$857
Jan 2019030446.033.23$981
Dec 2018029046.594.19$1,214
Nov 2018029152.934.24$1,233
Oct 2018029461.443.40$999
Sep 2018035659.543.11$1,106
Aug 2018035759.403.07$1,095
Jul 2018036865.142.93$1,079
Jun 2018036160.183.08$1,111
May 2018036965.382.90$1,070
Apr 2018013963.842.90$403
Mar 2018042761.222.79$1,190
Feb 2018016161.782.77$445
Jan 2018028162.874.01$1,127
Dec 2017037757.272.92$1,101
Nov 2017037855.423.12$1,179
Oct 2017038249.292.98$1,140
Sep 2017039147.523.09$1,207
Aug 2017039245.373.00$1,178
Jul 2017045143.873.09$1,392
Jun 2017040242.493.09$1,241
May 2017040145.373.26$1,309
Apr 2017041847.933.21$1,342
Mar 2017032046.772.98$955
Feb 2017037650.452.95$1,110
Jan 2017031449.413.42$1,074
Dec 2016030048.763.72$1,117
Nov 2016042042.492.64$1,111
Oct 2016041746.193.09$1,289
Sep 2016042141.553.10$1,305
Aug 2016047041.442.92$1,374
Jul 2016048041.622.92$1,404
Jun 2016043445.352.69$1,166
May 2016048742.521.99$970
Apr 2016042336.561.99$842
Mar 2016049233.011.79$883
Feb 2016044926.472.06$927
Jan 2016039927.352.36$943
Dec 2015046532.362.00$931
Nov 2015039038.792.17$845
Oct 2015034743.552.43$842
Sep 2015043042.992.76$1,186
Aug 2015046640.162.87$1,339
Jul 2015050548.152.95$1,487
Jun 2015049656.152.88$1,430
May 2015050155.212.96$1,481
Apr 2015033149.822.71$896
Mar 2015055042.892.93$1,614
Feb 2015044944.662.98$1,336
Jan 2015049243.433.10$1,526
Dec 2014039454.693.59$1,415
Nov 2014029370.464.25$1,246
Oct 2014041978.303.90$1,635
Sep 2014044686.164.05$1,804
Aug 20144644289.394.04$5,895
Jul 2014040196.564.18$1,676
Jun 2014043498.164.74$2,056
May 2014040294.734.73$1,900
Apr 2014022195.944.81$1,063
Mar 2014031195.895.06$1,573
Feb 2014030997.406.19$1,913
Jan 2014041390.404.86$2,007
Dec 2013021691.824.35$941
Nov 2013020388.853.74$759
Oct 2013030197.423.78$1,138
Sep 20130375104.113.72$1,394
Aug 20130420104.253.52$1,480
Jul 20130361102.523.72$1,342
Jun 2013035394.403.93$1,388
May 2013036194.834.15$1,498
Apr 2013045093.964.28$1,927
Mar 2013042193.623.91$1,647
Feb 2013041791.233.42$1,426
Jan 2013034191.603.42$1,166
Dec 2012049686.773.42$1,696
Nov 2012055986.953.62$2,026
Oct 2012058089.383.40$1,972
Sep 2012034094.672.92$992
Aug 2012060892.662.91$1,768
Jul 2012040685.133.02$1,226
Jun 2012037479.822.52$942
May 2012041891.612.49$1,040
Apr 20120614101.652.00$1,226
Mar 20120703105.052.22$1,562
Feb 20120568101.102.57$1,460
Jan 2012043198.092.73$1,178
Dec 2011043296.873.24$1,400
Nov 2011052495.723.31$1,735
Oct 2011055784.983.65$2,032
Sep 2011052383.623.99$2,085
Aug 2011050183.404.15$2,079
Jul 2011053394.144.52$2,408
Jun 2011058892.904.64$2,728
May 2011060498.134.40$2,661
Apr 20110467105.964.33$2,024
Mar 2011054696.364.06$2,215
Feb 2011052285.644.18$2,182
Jan 2011058086.504.59$2,661
Dec 2010055885.734.35$2,426
Nov 2010061880.843.80$2,346
Oct 2010061178.103.51$2,144
Sep 2010062472.633.98$2,483
Aug 2010063873.684.42$2,820
Jul 20102770072.554.74$5,274
Jun 2010060470.364.91$2,966
May 2010056771.124.24$2,401
Apr 2010063081.694.12$2,597
Mar 20103362878.394.39$5,343
Feb 2010052473.585.44$2,852
Jan 2010059974.365.96$3,572
Dec 2009056271.445.48$3,082
Nov 2009059374.593.75$2,225
Oct 2009064072.544.11$2,631
Sep 2009067365.543.06$2,063
Aug 20092862567.423.22$3,899
Jul 2009073061.133.46$2,529
Jun 2009058066.163.90$2,259
May 2009061654.743.93$2,418
Apr 2009079146.773.59$2,838
Mar 2009059942.144.06$2,431
Feb 2009064432.814.63$2,984
Jan 2009088935.865.37$4,775
Dec 2008095337.105.98$5,696
Nov 2008067655.496.86$4,638
Oct 2008035475.246.92$2,450
Sep 20080784101.767.88$6,176
Aug 20080936114.228.48$7,940
Jul 20080480131.0811.39$5,467
Jun 20080864131.3313.03$11,260
May 20080916123.1711.57$10,602
Apr 20080813110.3110.45$8,500
Mar 200801,005101.909.66$9,712
Feb 2008090592.538.77$7,937
Jan 200801,36090.388.21$11,160
Dec 2007261,21088.337.30$11,132
Nov 2007018191.677.29$1,320
Oct 2007055082.856.92$3,807
Sep 2007079175.846.24$4,939
Aug 2007079969.066.39$5,104
Jul 2007089770.906.39$5,730
Jun 2007084062.007.55$6,341
May 200701,18158.747.85$9,266
Apr 200701,05459.617.81$8,227
Mar 200701,21356.927.30$8,857
Feb 20073197355.108.22$9,702
Jan 2007083950.306.73$5,644
Dec 200601,33256.656.92$9,215
Nov 200601,31354.207.62$10,002
Oct 200601,37954.906.01$8,293
Sep 200601,52460.085.04$7,677
Aug 200601,70268.717.34$12,493
Jul 200601,53369.376.34$9,723

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.

Jun 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                  210 Mcf  × $  2.26 =       $474

────────────────────────────────────────────────────
Month total                                     $474

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/218971 is the state's own key, not one this site invented.