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 237581District 7BField 62400250CondensateGasSaveExport
Value, all time
$759 k
Feb 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
220
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
CondensateDisposition319 bbl$34,094
GasProduction84,338 Mcf$724,576
Total$758,670

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, -98.4137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93152, -98.41374 · 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
4,402 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 4,402 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-36335719104,402 ftFeb 2008

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 (220)

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

220 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 202305275.112.47$128
Jan 202305376.533.39$180
Dec 202205176.415.73$292
Nov 202205185.005.65$288
Oct 202205087.185.86$293
Sep 202205184.888.16$416
Aug 202205494.529.13$493
Jul 2022050101.587.54$377
Jun 2022050115.097.98$399
May 2022051109.378.43$430
Apr 2022050104.226.84$342
Mar 2022051108.885.08$259
Feb 202205091.054.86$243
Jan 202205281.844.54$236
Dec 202105171.323.90$199
Nov 20210077.435.24$0
Oct 202105179.795.71$291
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202105561.302.72$149
Feb 202105657.805.55$311
Jan 202105350.412.81$149
Dec 202006744.642.68$179
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 2019010162.632.75$278
Mar 2019010156.803.06$309
Feb 2019010150.852.79$282
Jan 2019010546.033.23$339
Dec 2018010246.594.19$427
Nov 2018010152.934.24$428
Oct 2018010261.443.40$347
Sep 2018010459.543.11$323
Aug 2018010459.403.07$319
Jul 2018018465.142.93$539
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 2013014491.824.35$627
Nov 2013012788.853.74$475
Oct 2013013097.423.78$491
Sep 20130133104.113.72$494
Aug 20130133104.253.52$469
Jul 20130119102.523.72$442
Jun 2013011794.403.93$460
May 201308994.834.15$369
Apr 201306293.964.28$266
Mar 2013010193.623.91$395
Feb 2013010791.233.42$366
Jan 201306991.603.42$236
Dec 201207186.773.42$243
Nov 201209386.953.62$337
Oct 2012013889.383.40$469
Sep 2012011994.672.92$347
Aug 2012012292.662.91$355
Jul 201208985.133.02$269
Jun 201208679.822.52$217
May 2012012191.612.49$301
Apr 20120204101.652.00$407
Mar 20120191105.052.22$424
Feb 20120151101.102.57$388
Jan 2012018598.092.73$506
Dec 2011015496.873.24$499
Nov 2011019795.723.31$652
Oct 2011023884.983.65$868
Sep 2011024483.623.99$973
Aug 2011017183.404.15$710
Jul 2011025594.144.52$1,152
Jun 2011025192.904.64$1,165
May 2011027398.134.40$1,203
Apr 20110234105.964.33$1,014
Mar 2011031896.364.06$1,290
Feb 2011028185.644.18$1,175
Jan 2011043586.504.59$1,996
Dec 2010025685.734.35$1,113
Nov 2010021980.843.80$831
Oct 2010014178.103.51$495
Sep 2010014472.633.98$573
Aug 2010015973.684.42$703
Jul 2010016272.554.74$767
Jun 2010015170.364.91$741
May 2010015471.124.24$652
Apr 2010021081.694.12$866
Mar 2010028678.394.39$1,255
Feb 2010029373.585.44$1,595
Jan 2010032774.365.96$1,950
Dec 2009033771.445.48$1,848
Nov 2009065274.593.75$2,446
Oct 2009076972.544.11$3,161
Sep 2009063865.543.06$1,955
Aug 2009077867.423.22$2,504
Jul 2009073161.133.46$2,533
Jun 2009075566.163.90$2,941
May 200901,10554.743.93$4,338
Apr 200901,11246.773.59$3,989
Mar 2009068842.144.06$2,793
Feb 2009511,43632.814.63$8,326
Jan 200901,96535.865.37$10,554
Dec 200802,49237.105.98$14,895
Nov 200802,42055.496.86$16,602
Oct 200802,28375.246.92$15,803
Sep 200803,870101.767.88$30,484
Aug 200804,830114.228.48$40,973
Jul 2008434,741131.0811.39$59,634
Jun 2008697,063131.3313.03$101,111
May 20084010,977123.1711.57$131,978
Apr 200811614,393110.3110.45$163,273
Mar 200809,695101.909.66$93,693
Feb 20080092.538.77$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.

Feb 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.11 =         $0
Gas                   52 Mcf  × $  2.47 =       $128

────────────────────────────────────────────────────
Month total                                     $128

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/237581 is the state's own key, not one this site invented.