BEST, JOE

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

Oil lease lease 28639District 7BField 68707001OilCasinghead gasSaveExport
Value, all time
$841 k
Sep 1999 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
321
no gaps in the span
Streams
2
oil, casinghead 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 344 leases and 721 wells, and the rule below applies to all of them.

Discovered
1915-12-31
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

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
OilDisposition8,962 bbl$566,027
Casinghead gasProduction58,414 Mcf$274,747
Total$840,774

Wells on this lease (4)

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 32.9366, -98.4104. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

32.93780, -98.40879 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
3,023 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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

Between 1,800 and 4,243 ft, median 3,023 ft, over the 4 wells that filed a depth.

Completions filed
Feb 1977
1 of 4 wells; 3 filed none
Plug dates filed
Jul 2013
1 of 4 wells; 3 filed none

4 wells

42-3638073831,810 ftJul 2013Yes
42-3630108621,800 ft
42-3638105154,235 ft1982
42-3633089044,243 ftFeb 1977

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 (321)

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

321 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 202468068.993.12$4,691
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202482069.612.36$5,708
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 2024130078.082.63$10,150
May 20240078.812.20$0
Apr 2024131084.451.66$11,063
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 202489073.023.30$6,499
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 202372074.852.64$5,389
Jun 20230068.962.26$0
May 202372070.622.23$5,085
Apr 20230078.122.24$0
Mar 20231145372.852.39$8,432
Feb 2023010575.112.47$259
Jan 2023010976.533.39$369
Dec 20229010776.415.73$7,490
Nov 2022015685.005.65$881
Oct 2022015287.185.86$891
Sep 20228415684.888.16$8,403
Aug 2022022494.529.13$2,044
Jul 202268155101.587.54$8,076
Jun 20220160115.097.98$1,276
May 202253171109.378.43$7,239
Apr 20220182104.226.84$1,244
Mar 202244171108.885.08$5,659
Feb 20226510191.054.86$6,409
Jan 2022012381.844.54$558
Dec 20217311371.323.90$5,647
Nov 2021010277.435.24$534
Oct 20218311179.795.71$7,257
Sep 2021020969.865.35$1,118
Aug 20218910766.024.22$6,327
Jul 2021011170.783.98$442
Jun 20216611469.493.38$4,972
May 2021011163.483.02$335
Apr 202115911160.362.76$9,903
Mar 2021011961.302.72$323
Feb 2021011157.805.55$616
Jan 202111419050.412.81$6,281
Dec 2020020244.642.68$540
Nov 2020019138.772.71$517
Oct 202011121136.972.48$4,627
Sep 2020021237.091.99$422
Aug 2020021239.982.39$506
Jul 202011921238.371.83$4,953
Jun 2020022634.901.69$382
May 202013522616.921.81$2,694
Apr 2020023514.751.80$424
Mar 2020023730.341.86$440
Feb 2020023549.881.98$465
Jan 2020022657.252.09$473
Dec 201911122059.012.30$7,057
Nov 2019021755.302.75$597
Oct 2019021753.472.42$525
Sep 20199321855.052.66$5,699
Aug 2019023353.112.30$537
Jul 20197624056.272.46$4,867
Jun 2019020352.782.49$506
May 20198920158.482.74$5,756
Apr 2019020462.632.75$561
Mar 201911420856.803.06$7,112
Feb 2019020650.852.79$575
Jan 201916320446.033.23$8,161
Dec 2018021946.594.19$917
Nov 2018021152.934.24$894
Oct 20188121761.443.40$5,714
Sep 2018024259.543.11$752
Aug 20184424059.403.07$3,350
Jul 20188626665.142.93$6,382
Jun 2018027260.183.08$837
May 201812023565.382.90$8,527
Apr 2018021363.842.90$618
Mar 20186822761.222.79$4,796
Feb 2018021161.782.77$584
Jan 201810023262.874.01$7,217
Dec 2017024157.272.92$704
Nov 20174324155.423.12$3,135
Oct 201710324149.292.98$5,796
Sep 2017024847.523.09$766
Aug 20179727145.373.00$5,215
Jul 2017028443.873.09$877
Jun 20179526042.493.09$4,839
May 2017026745.373.26$871
Apr 20179823447.933.21$5,449
Mar 2017023246.772.98$692
Feb 201710322950.452.95$5,873
Jan 2017024049.413.42$821
Dec 20169924548.763.72$5,739
Nov 2016024642.492.64$651
Oct 201610925146.193.09$5,810
Sep 2016023941.553.10$741
Aug 20168827341.442.92$4,445
Jul 2016038541.622.92$1,126
Jun 20169135045.352.69$5,067
May 20168836942.521.99$4,476
Apr 2016031036.561.99$617
Mar 20167434833.011.79$3,067
Feb 201613130726.472.06$4,101
Jan 2016030427.352.36$719
Dec 20154252232.362.00$2,404
Nov 20157140938.792.17$3,641
Oct 20155029543.552.43$2,893
Sep 20155036642.992.76$3,159
Aug 20157034740.162.87$3,808
Jul 20156324948.152.95$3,767
Jun 201515024556.152.88$9,129
May 2015034455.212.96$1,017
Apr 201516718149.822.71$8,810
Mar 2015037142.892.93$1,089
Feb 2015039744.662.98$1,182
Jan 2015039543.433.10$1,225
Dec 20145628354.693.59$4,079
Nov 20146023370.464.25$5,218
Oct 20146243478.303.90$6,548
Sep 20146445786.164.05$7,363
Aug 20147040189.394.04$7,875
Jul 20148528296.564.18$9,386
Jun 20149643898.164.74$11,498
May 20149151194.734.73$11,036
Apr 2014025895.944.81$1,241
Mar 20149129595.895.06$10,218
Feb 201410528397.406.19$11,979
Jan 2014024690.404.86$1,196
Dec 2013023091.824.35$1,002
Nov 20136825888.853.74$7,006
Oct 20137021097.423.78$7,613
Sep 201360211104.113.72$7,031
Aug 201368199104.253.52$7,790
Jul 201364192102.523.72$7,275
Jun 20136418894.403.93$6,781
May 201311520994.834.15$11,773
Apr 2013031593.964.28$1,349
Mar 20137120593.623.91$7,449
Feb 20135522391.233.42$5,780
Jan 20138923891.603.42$8,966
Dec 20129828286.773.42$9,468
Nov 201211733686.953.62$11,391
Oct 201212030989.383.40$11,776
Sep 20121531394.672.92$2,334
Aug 20127928492.662.91$8,146
Jul 201213146285.133.02$12,548
Jun 201210828979.822.52$9,349
May 201212439491.612.49$12,340
Apr 2012122365101.652.00$13,130
Mar 20120458105.052.22$1,018
Feb 20120340101.102.57$874
Jan 2012029198.092.73$796
Dec 2011032796.873.24$1,059
Nov 2011019795.723.31$652
Oct 2011024784.983.65$901
Sep 2011027283.623.99$1,084
Aug 20112224083.404.15$2,831
Jul 2011022494.144.52$1,012
Jun 2011023292.904.64$1,076
May 2011032698.134.40$1,436
Apr 20110234105.964.33$1,014
Mar 2011023796.364.06$962
Feb 2011017285.644.18$719
Jan 2011021886.504.59$1,000
Dec 2010021385.734.35$926
Nov 2010018480.843.80$698
Oct 2010022978.103.51$804
Sep 2010019272.633.98$764
Aug 2010021273.684.42$937
Jul 2010021472.554.74$1,014
Jun 2010017770.364.91$869
May 2010018071.124.24$762
Apr 2010018481.694.12$759
Mar 2010020278.394.39$887
Feb 2010013173.585.44$713
Jan 2010015774.365.96$936
Dec 2009022471.445.48$1,228
Nov 2009021074.593.75$788
Oct 2009015572.544.11$637
Sep 2009012865.543.06$392
Aug 20096819467.423.22$5,209
Jul 2009028161.133.46$974
Jun 2009016366.163.90$635
May 2009022054.743.93$864
Apr 2009038446.773.59$1,378
Mar 2009024342.144.06$986
Feb 2009021032.814.63$973
Jan 2009020035.865.37$1,074
Dec 2008043537.105.98$2,600
Nov 2008028955.496.86$1,983
Oct 2008031875.246.92$2,201
Sep 20080492101.767.88$3,876
Aug 20080438114.228.48$3,716
Jul 20080381131.0811.39$4,339
Jun 20080402131.3313.03$5,239
May 200829450123.1711.57$8,780
Apr 20080766110.3110.45$8,008
Mar 20080557101.909.66$5,383
Feb 2008055992.538.77$4,903
Jan 2008035590.388.21$2,913
Dec 2007026388.337.30$1,920
Nov 2007034291.677.29$2,494
Oct 20072812282.856.92$3,164
Sep 2007020775.846.24$1,293
Aug 200707469.066.39$473
Jul 2007050670.906.39$3,232
Jun 2007015062.007.55$1,132
May 200706558.747.85$510
Apr 2007016059.617.81$1,249
Mar 2007023256.927.30$1,694
Feb 2007019655.108.22$1,610
Jan 200707550.306.73$505
Dec 200609656.656.92$664
Nov 20064210554.207.62$3,076
Oct 2006575754.906.01$3,472
Sep 200606160.085.04$307
Aug 2006446368.717.34$3,486
Jul 200603369.376.34$209
Jun 200607466.286.38$472
May 2006017166.016.42$1,099
Apr 200607164.397.36$523
Mar 2006015956.707.08$1,126
Feb 2006017257.597.75$1,333
Jan 200609960.598.93$884
Dec 2005011854.9413.42$1,583
Nov 2005959354.6910.59$6,180
Oct 2005050158.3413.80$6,912
Sep 20050561.4512.08$60
Aug 2005055661.519.80$5,447
Jul 2005058155.697.84$4,557
Jun 20054822452.337.38$4,165
May 2005019345.226.65$1,284
Apr 2005022149.207.36$1,627
Mar 2005022150.377.15$1,581
Feb 2005019745.226.31$1,243
Jan 2005023943.166.32$1,511
Dec 2004023139.866.75$1,560
Nov 2004024145.286.33$1,526
Oct 2004031449.706.52$2,046
Sep 2004022043.245.28$1,162
Aug 2004036942.375.55$2,048
Jul 2004052138.286.08$3,170
Jun 2004037636.106.43$2,419
May 2004043237.486.49$2,806
Apr 2004069534.475.86$4,072
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020223.653.51$7
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200202917.172.38$69
Dec 2001887516.932.36$1,667
Nov 200108518.072.41$204
Oct 200109919.782.53$250
Sep 200108624.262.25$194
Aug 2001010624.873.05$324
Jul 200106923.933.20$221
Jun 20011297924.563.82$3,470
May 2001011025.524.31$474
Apr 200108824.685.34$470
Mar 200106524.545.38$349
Feb 200101627.755.77$92
Jan 200102327.478.40$193
Dec 200004226.889.12$383
Nov 20001102332.215.66$3,673
Oct 200002831.235.15$144
Sep 200004931.875.19$254
Aug 200006529.644.54$295
Jul 200002528.534.09$102
Jun 200006229.304.40$273
May 20001317727.263.68$3,854
Apr 200004924.513.12$153
Mar 200007828.422.86$223
Feb 200007427.622.73$202
Jan 20001237925.272.48$3,304
Dec 199913210024.282.42$3,447
Nov 199909023.192.43$219
Oct 19991321220.982.80$2,803
Sep 1999128021.752.62$2,784

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.

Dec 2024 — as filed, then multipliedworked
Oil                   68 bbl  × $ 68.99 =     $4,691
Casinghead gas         0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $4,691

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/O/28639 is the state's own key, not one this site invented.