LEDBETTER "SOUTH"

Operated by BRAKA OPERATING, L.L.C. (P-5 88563) in the STEPHENS COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224470District 7BField 85948001Hydrogen sulphide fieldGasSaveExport
Value, all time
$663 k
Dec 2006 – Aug 2015
Value, last 12 filed months
$57 k
at the published price for each month
Months reported
105
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 1,255 leases and 4,008 wells, and the rule below applies to all of them.

Discovered
1916-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: CLASS 4 W/DAILY 150 = 6000 TO 8000'

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
GasProduction134,873 Mcf$662,966
Total$662,966

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 32.5450, -98.8167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54500, -98.81666 · 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
0.0%
0 of 1 wells
Median depth
3,845 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
1100.0%
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.
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 3,845 ft.

Completions filed
Jan 1981
1 of 1 wells

1 well

42-4293263913,845 ftJan 1981Yes

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 (105)

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

105 months

Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 20151,65756.152.88$4,777
May 20151,70455.212.96$5,036
Apr 20151,68849.822.71$4,569
Mar 20151,75542.892.93$5,150
Feb 20151,60644.662.98$4,780
Jan 20151,80343.433.10$5,590
Dec 20141,72754.693.59$6,202
Nov 20141,75670.464.25$7,466
Oct 20141,80278.303.90$7,030
Sep 20141,70386.164.05$6,889
Aug 20141,78789.394.04$7,211
Jul 20141,89096.564.18$7,899
Jun 20141,89798.164.74$8,986
May 20142,00394.734.73$9,467
Apr 20141,99095.944.81$9,570
Mar 20141,81395.895.06$9,168
Feb 20141,97897.406.19$12,248
Jan 20142,16890.404.86$10,538
Dec 20132,44191.824.35$10,629
Nov 20132,58288.853.74$9,652
Oct 20132,81197.423.78$10,624
Sep 20132,827104.113.72$10,510
Aug 20133,013104.253.52$10,614
Jul 20133,312102.523.72$12,313
Jun 20133,34894.403.93$13,169
May 20133,58394.834.15$14,866
Apr 20133,62393.964.28$15,516
Mar 20134,13393.623.91$16,172
Feb 20133,54591.233.42$12,124
Jan 20131,56691.603.42$5,356
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 2012302105.052.22$671
Feb 2012626101.102.57$1,609
Jan 201287198.092.73$2,381
Dec 20111,05296.873.24$3,408
Nov 20111,41795.723.31$4,692
Oct 201169784.983.65$2,543
Sep 201185083.623.99$3,388
Aug 201191583.404.15$3,797
Jul 201162194.144.52$2,805
Jun 201161692.904.64$2,858
May 201153898.134.40$2,370
Apr 2011257105.964.33$1,114
Mar 201134996.364.06$1,416
Feb 201174785.644.18$3,122
Jan 201181386.504.59$3,731
Dec 201083685.734.35$3,635
Nov 201087780.843.80$3,329
Oct 201095578.103.51$3,351
Sep 201094672.633.98$3,765
Aug 201098073.684.42$4,331
Jul 201098272.554.74$4,651
Jun 201095970.364.91$4,709
May 201099971.124.24$4,231
Apr 201090081.694.12$3,710
Mar 201099478.394.39$4,362
Feb 201097973.585.44$5,328
Jan 20101,07574.365.96$6,411
Dec 20091,11371.445.48$6,103
Nov 20091,07474.593.75$4,029
Oct 20091,08972.544.11$4,476
Sep 20091,10165.543.06$3,374
Aug 20091,15467.423.22$3,714
Jul 20091,11061.133.46$3,846
Jun 20091,14866.163.90$4,471
May 20091,18654.743.93$4,656
Apr 20091,07446.773.59$3,853
Mar 20091,18742.144.06$4,818
Feb 20091,08132.814.63$5,008
Jan 20091,22735.865.37$6,590
Dec 20081,23237.105.98$7,364
Nov 20081,22455.496.86$8,397
Oct 20081,37175.246.92$9,490
Sep 2008891101.767.88$7,018
Aug 20081,150114.228.48$9,755
Jul 20081,289131.0811.39$14,681
Jun 20081,246131.3313.03$16,239
May 20081,298123.1711.57$15,023
Apr 20081,287110.3110.45$13,455
Mar 20081,343101.909.66$12,979
Feb 20081,24492.538.77$10,911
Jan 20081,24490.388.21$10,208
Dec 20071,33888.337.30$9,770
Nov 20071,26591.677.29$9,224
Oct 20071,31482.856.92$9,095
Sep 20071,25775.846.24$7,849
Aug 20071,35269.066.39$8,636
Jul 20071,39070.906.39$8,879
Jun 20071,37562.007.55$10,379
May 20071,44858.747.85$11,361
Apr 20071,41259.617.81$11,021
Mar 20071,37056.927.30$10,004
Feb 20071,03055.108.22$8,462
Jan 200729550.306.73$1,984
Dec 2006056.656.92$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.

Jun 2015 — as filed, then multipliedworked
Gas                1,657 Mcf  × $  2.88 =     $4,777

────────────────────────────────────────────────────
Month total                                   $4,777

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/224470 is the state's own key, not one this site invented.