PUTNAM

Operated by SALT OF THE EARTH ENERGY, LLC (P-5 101212) in the MINERAL WELLS (CONGL 4540) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97427District 7BField 61842610NGPA filingCondensateGasSaveExport
Value, all time
$506 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1981-05-27
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 01/01/90.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition380 bbl$9,924
GasProduction205,582 Mcf$495,737
Total$505,661

82,828 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.8737, -98.1058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.87373, -98.10584 · 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
4,700 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 4,700 ft.

Completions filed
May 1981
1 of 1 wells

1 well

42-3633261014,700 ftMay 1981

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 (401)

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

401 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 202303880.522.67$102
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 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
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 201501742.992.76$47
Aug 201502140.162.87$60
Jul 201503048.152.95$88
Jun 201501456.152.88$40
May 201502455.212.96$71
Apr 201501649.822.71$43
Mar 201501742.892.93$50
Feb 201501344.662.98$39
Jan 20150943.433.10$28
Dec 201401954.693.59$68
Nov 201402670.464.25$111
Oct 201403378.303.90$129
Sep 201403486.164.05$138
Aug 201401689.394.04$65
Jul 2014018696.564.18$777
Jun 201403198.164.74$147
May 201402294.734.73$104
Apr 201402495.944.81$115
Mar 201404095.895.06$202
Feb 201401897.406.19$111
Jan 201401890.404.86$87
Dec 201301991.824.35$83
Nov 201303688.853.74$135
Oct 201304397.423.78$163
Sep 2013027104.113.72$100
Aug 2013027104.253.52$95
Jul 2013028102.523.72$104
Jun 201303694.403.93$142
May 201304494.834.15$183
Apr 201304793.964.28$201
Mar 201302993.623.91$113
Feb 201301891.233.42$62
Jan 201305091.603.42$171
Dec 2012382986.773.42$3,396
Nov 201205386.953.62$192
Oct 201205689.383.40$190
Sep 201206494.672.92$187
Aug 201205292.662.91$151
Jul 201206885.133.02$205
Jun 201206879.822.52$171
May 201206091.612.49$149
Apr 2012042101.652.00$84
Mar 2012076105.052.22$169
Feb 2012061101.102.57$157
Jan 201205698.092.73$153
Dec 201107196.873.24$230
Nov 201109595.723.31$315
Oct 201106284.983.65$226
Sep 201107483.623.99$295
Aug 201106983.404.15$286
Jul 2011011894.144.52$533
Jun 2011011192.904.64$515
May 2011012798.134.40$559
Apr 20110109105.964.33$472
Mar 2011013696.364.06$552
Feb 2011010685.644.18$443
Jan 2011011486.504.59$523
Dec 2010016585.734.35$717
Nov 2010020380.843.80$770
Oct 2010015178.103.51$530
Sep 2010017972.633.98$712
Aug 2010016473.684.42$725
Jul 2010016072.554.74$758
Jun 2010013670.364.91$668
May 2010014371.124.24$606
Apr 2010014481.694.12$594
Mar 2010017478.394.39$764
Feb 2010016673.585.44$903
Jan 201006274.365.96$370
Dec 200903871.445.48$208
Nov 20090074.593.75$0
Oct 2009012372.544.11$506
Sep 2009013865.543.06$423
Aug 2009013767.423.22$441
Jul 2009015861.133.46$547
Jun 2009015666.163.90$608
May 2009016954.743.93$663
Apr 2009017146.773.59$613
Mar 2009011242.144.06$455
Feb 2009017532.814.63$811
Jan 2009018935.865.37$1,015
Dec 2008015937.105.98$950
Nov 2008017855.496.86$1,221
Oct 2008015975.246.92$1,101
Sep 20080165101.767.88$1,300
Aug 20080175114.228.48$1,485
Jul 20080166131.0811.39$1,891
Jun 20080195131.3313.03$2,541
May 20080169123.1711.57$1,956
Apr 20080137110.3110.45$1,432
Mar 20080161101.909.66$1,556
Feb 2008014792.538.77$1,289
Jan 2008016190.388.21$1,321
Dec 2007015588.337.30$1,132
Nov 2007020091.677.29$1,458
Oct 2007017982.856.92$1,239
Sep 2007016675.846.24$1,037
Aug 2007018769.066.39$1,195
Jul 2007016470.906.39$1,048
Jun 2007018862.007.55$1,419
May 2007019458.747.85$1,522
Apr 2007021359.617.81$1,663
Mar 2007020256.927.30$1,475
Feb 2007016655.108.22$1,364
Jan 2007016150.306.73$1,083
Dec 2006015956.656.92$1,100
Nov 2006023154.207.62$1,760
Oct 2006022854.906.01$1,371
Sep 2006022360.085.04$1,123
Aug 2006022268.717.34$1,629
Jul 2006022669.376.34$1,433
Jun 2006023066.286.38$1,468
May 2006028166.016.42$1,805
Apr 2006028164.397.36$2,068
Mar 2006028756.707.08$2,033
Feb 2006022757.597.75$1,760
Jan 2006031460.598.93$2,805
Dec 2005025254.9413.42$3,381
Nov 2005036654.6910.59$3,875
Oct 2005038258.3413.80$5,270
Sep 2005040861.4512.08$4,928
Aug 2005043661.519.80$4,271
Jul 2005046555.697.84$3,647
Jun 2005054052.337.38$3,986
May 2005047845.226.65$3,179
Apr 2005061049.207.36$4,490
Mar 2005052050.377.15$3,721
Feb 2005050145.226.31$3,162
Jan 2005037043.166.32$2,339
Dec 2004045239.866.75$3,051
Nov 2004078245.286.33$4,950
Oct 2004071049.706.52$4,626
Sep 2004062043.245.28$3,276
Aug 2004075642.375.55$4,196
Jul 2004061638.286.08$3,748
Jun 2004075636.106.43$4,863
May 2004068737.486.49$4,462
Apr 2004065634.475.86$3,843
Mar 2004087634.365.53$4,844
Feb 2004068032.455.51$3,747
Jan 2004050432.036.30$3,175
Dec 2003069630.266.30$4,386
Nov 2003088628.804.60$4,071
Oct 2003088628.174.76$4,217
Sep 2003089126.314.75$4,232
Aug 2003083129.765.13$4,263
Jul 2003077129.415.17$3,987
Jun 2003087128.565.98$5,211
May 2003089726.595.97$5,357
Apr 2003088626.675.41$4,791
Mar 2003083831.146.10$5,108
Feb 2003059733.487.93$4,732
Jan 2003086630.315.58$4,834
Dec 2002089726.914.85$4,354
Nov 2002088024.664.14$3,641
Oct 200201,03126.464.23$4,360
Sep 2002099127.443.64$3,602
Aug 2002091925.963.16$2,908
Jul 2002095324.583.06$2,918
Jun 2002087623.733.34$2,924
May 2002076024.663.58$2,724
Apr 2002094523.653.51$3,319
Mar 200201,03322.003.10$3,205
Feb 2002092218.222.38$2,190
Jan 200201,08617.172.38$2,580
Dec 200101,00516.932.36$2,376
Nov 2001082318.072.41$1,980
Oct 200101,16419.782.53$2,944
Sep 200101,06924.262.25$2,407
Aug 200101,21624.873.05$3,713
Jul 200101,12423.933.20$3,594
Jun 2001087624.563.82$3,350
May 200101,12825.524.31$4,859
Apr 200101,23724.685.34$6,600
Mar 200101,03224.545.38$5,548
Feb 200101,03327.755.77$5,957
Jan 200101,11327.478.40$9,348
Dec 200001,02126.889.12$9,314
Nov 200001,18832.215.66$6,722
Oct 200001,35731.235.15$6,982
Sep 200001,14231.875.19$5,923
Aug 2000084829.644.54$3,851
Jul 200001,27528.534.09$5,214
Jun 200001,33229.304.40$5,857
May 200001,25227.263.68$4,607
Apr 200001,31424.513.12$4,094
Mar 200001,34028.422.86$3,832
Feb 200001,20127.622.73$3,275
Jan 200001,23525.272.48$3,063
Dec 199901,08424.282.42$2,627
Nov 199901,21923.192.43$2,967
Oct 199901,23720.982.80$3,468
Sep 199901,29621.752.62$3,394
Aug 199901,22719.262.88$3,528
Jul 199901,28317.892.37$3,044
Jun 199901,25415.942.36$2,962
May 199901,30915.792.32$3,038
Apr 199901,12815.102.21$2,491
Mar 199901,07312.471.84$1,973
Feb 199909719.981.82$1,765
Jan 199901,26510.381.90$2,403
Dec 199801,1729.201.77$2,078
Nov 199801,20710.892.19$2,638
Oct 199801,22312.421.97$2,408
Sep 199801,17312.592.08$2,443
Aug 199801,39911.301.91$2,668
Jul 199801,28311.742.24$2,870
Jun 199801,26011.242.24$2,819
May 199801,27712.622.21$2,818
Apr 199801,41513.042.51$3,545
Mar 199801,53412.802.31$3,543
Feb 199801,36513.952.30$3,138
Jan 199801,48614.702.15$3,202
Dec 199701,37416.322.41$3,313
Nov 199701,45318.193.09$4,487
Oct 199701,53119.253.15$4,822
Sep 199701,36717.742.95$4,039
Aug 199701,50017.862.55$3,832
Jul 199701,55917.582.25$3,503
Jun 199701,47017.242.26$3,318
May 199701,57018.972.31$3,624
Apr 199701,43317.882.08$2,985
Mar 199701,46518.951.94$2,841
Feb 199701,20220.492.21$2,651
Jan 199701,31723.483.54$4,662
Dec 199601,38023.32$0
Nov 19961391,34021.97$3,054
Oct 199601,48323.31$0
Sep 199601,68322.22$0
Aug 199601,77320.26$0
Jul 199601,63919.55$0
Jun 199601,67518.73$0
May 199601,58219.43$0
Apr 199601,39121.51$0
Mar 199601,49719.38$0
Feb 199601,38816.98$0
Jan 199601,93117.07$0
Dec 199501,92117.19$0
Nov 199501,83816.00$0
Oct 199501,44215.43$0
Sep 199501,56516.18$0
Aug 199501,41915.92$0
Jul 199501,94615.24$0
Jun 199501,95116.41$0
May 199501,75417.56$0
Apr 19951171,51317.73$2,074
Mar 199552,01916.44$82
Feb 199551,73516.58$83
Jan 199501,97015.92$0
Dec 199401,53715.03$0
Nov 199412,02115.90$16
Oct 199401,99915.58$0
Sep 199411,96815.29$15
Aug 199401,65616.13$0
Jul 199452,02117.56$88
Jun 199451,81017.09$85
May 199401,95215.88$0
Apr 199401,84414.14$0
Mar 199401,79612.46$0
Feb 199401,68612.50$0
Jan 199401,34812.66$0
Dec 199311,82412.33$12
Nov 199351,41514.49$72
Oct 199301,94315.85$0
Sep 199311,76215.03$15
Aug 199302,00815.66$0
Jul 199301,90915.46$0
Jun 199301,93116.79$0
May 199301,94117.68$0
Apr 1993571,76118.05$1,029
Mar 199301,20718.14$0
Feb 199301,85517.90$0
Jan 199301,79916.93$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.

Aug 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.52 =         $0
Gas                   38 Mcf  × $  2.67 =       $102

────────────────────────────────────────────────────
Month total                                     $102

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/97427 is the state's own key, not one this site invented.