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 229309District 7BField 62400250CondensateGasSaveExport
Value, all time
$299 k
Dec 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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
CondensateDisposition222 bbl$18,588
GasProduction46,774 Mcf$279,970
Total$298,558

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 32.9399, -98.4084. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93986, -98.40841 · 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
4,400 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 4,400 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-3633564294,400 ftJun 2007

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 (234)

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

234 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 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202105169.493.38$172
May 202105263.483.02$157
Apr 202105160.362.76$141
Mar 202105461.302.72$147
Feb 202105257.805.55$288
Jan 202105250.412.81$146
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
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 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013014291.824.35$618
Nov 2013013188.853.74$490
Oct 2013011997.423.78$450
Sep 20130114104.113.72$424
Aug 20130163104.253.52$574
Jul 20130104102.523.72$387
Jun 2013010594.403.93$413
May 2013010494.834.15$432
Apr 201303193.964.28$133
Mar 2013010793.623.91$419
Feb 2013016591.233.42$564
Jan 2013017091.603.42$581
Dec 2012010786.773.42$366
Nov 2012016886.953.62$609
Oct 2012010489.383.40$354
Sep 201205294.672.92$152
Aug 20120092.662.91$0
Jul 2012022785.133.02$686
Jun 2012023079.822.52$579
May 2012018191.612.49$450
Apr 20120327101.652.00$653
Mar 20120198105.052.22$440
Feb 20120189101.102.57$486
Jan 2012014798.092.73$402
Dec 2011027796.873.24$897
Nov 2011039395.723.31$1,301
Oct 2011031784.983.65$1,157
Sep 2011021083.623.99$837
Aug 2011023883.404.15$988
Jul 2011038294.144.52$1,726
Jun 2011037792.904.64$1,749
May 2011051298.134.40$2,255
Apr 20110390105.964.33$1,690
Mar 2011063896.364.06$2,589
Feb 2011043285.644.18$1,806
Jan 2011053186.504.59$2,437
Dec 2010048485.734.35$2,104
Nov 20103052380.843.80$4,410
Oct 2010059678.103.51$2,091
Sep 2010062472.633.98$2,483
Aug 2010074573.684.42$3,292
Jul 2010064672.554.74$3,060
Jun 2010075670.364.91$3,712
May 2010052171.124.24$2,207
Apr 2010063081.694.12$2,597
Mar 20109368578.394.39$10,297
Feb 2010050473.585.44$2,743
Jan 2010043574.365.96$2,594
Dec 2009045071.445.48$2,468
Nov 2009065274.593.75$2,446
Oct 2009077272.544.11$3,173
Sep 2009073865.543.06$2,262
Aug 2009076467.423.22$2,459
Jul 2009080461.133.46$2,785
Jun 20093549266.163.90$4,232
May 2009092854.743.93$3,643
Apr 2009072746.773.59$2,608
Mar 2009056342.144.06$2,285
Feb 2009097132.814.63$4,499
Jan 200901,26735.865.37$6,805
Dec 200801,18337.105.98$7,071
Nov 2008082255.496.86$5,639
Oct 2008095575.246.92$6,610
Sep 200801,055101.767.88$8,310
Aug 200801,405114.228.48$11,919
Jul 20080688131.0811.39$7,836
Jun 20080706131.3313.03$9,201
May 200801,052123.1711.57$12,176
Apr 2008371,151110.3110.45$16,115
Mar 200801,357101.909.66$13,114
Feb 200801,52992.538.77$13,410
Jan 200802,19290.388.21$17,987
Dec 200701,42988.337.30$10,435
Nov 2007271,25491.677.29$11,619
Oct 200701,79682.856.92$12,432
Sep 200701,79675.846.24$11,215
Aug 200701,73369.066.39$11,070
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.49 =         $0
Gas                   51 Mcf  × $  3.38 =       $172

────────────────────────────────────────────────────
Month total                                     $172

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/229309 is the state's own key, not one this site invented.