SPGC "B"

Operated by EXTEX OPERATING COMPANY (P-5 257062) in the HUNT-BAGGETT, W. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140365District 7CField 436797002 tax incentive programmesCondensateGasSaveExport
Value, all time
$359 k
Jan 1993 – May 2026
Value, last 12 filed months
$2 k
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 148 leases and 148 wells, and the rule below applies to all of them.

Discovered
1991-01-28
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1995-04-25.

The Commission's schedule remark for this field reads: ARE EXEMPT FROM SIWHP.

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
High Cost Gas321995-05-03 – 1995-10-123 dockets
NGPA3none

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
CondensateDisposition46 bbl$1,881
GasProduction108,027 Mcf$357,293
Total$359,174

28,867 Mcf of this lease's gas, across 38 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 30.5987, -101.2733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.59868, -101.27334 · 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
9,262 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 9,262 ft.

Completions filed
Jan 1992
1 of 1 wells

1 well

42-1053603769,262 ftJan 1992

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 20260489.753.15$13
Feb 202607663.503.75$285
Jan 2026010359.138.00$824
Dec 2025013156.664.41$578
Nov 202505258.593.93$204
Oct 20250059.383.30$0
Sep 20250462.743.08$12
Aug 202507363.933.01$220
Jul 20250066.743.32$0
Jun 202502666.483.13$81
May 202507960.553.23$255
Apr 202508562.363.54$301
Mar 202508467.704.27$359
Feb 202508570.884.34$369
Jan 2025011274.324.28$479
Dec 202407468.993.12$231
Nov 20240569.052.20$11
Oct 202409271.372.28$210
Sep 20240069.612.36$0
Aug 202401475.632.06$29
Jul 202402979.932.15$62
Jun 202402278.082.63$58
May 202402478.812.20$53
Apr 202402384.451.66$38
Mar 202407880.301.55$121
Feb 202407276.091.78$128
Jan 202407873.023.30$257
Dec 202307871.262.61$204
Nov 202307477.892.81$208
Oct 202308185.443.09$250
Sep 202307689.042.74$208
Aug 202308180.522.67$217
Jul 202307974.852.64$209
Jun 202308068.962.26$181
May 202308470.622.23$187
Apr 202308378.122.24$186
Mar 2023148472.852.39$1,221
Feb 202306775.112.47$165
Jan 202306676.533.39$224
Dec 202207576.415.73$430
Nov 202207485.005.65$418
Oct 202207987.185.86$463
Sep 202207884.888.16$637
Aug 202207894.529.13$712
Jul 2022077101.587.54$581
Jun 2022068115.097.98$542
May 2022043109.378.43$363
Apr 2022040104.226.84$274
Mar 2022075108.885.08$381
Feb 202207191.054.86$345
Jan 202208381.844.54$377
Dec 202106871.323.90$265
Nov 202108077.435.24$419
Oct 202108479.795.71$480
Sep 2021027769.865.35$1,482
Aug 202108566.024.22$359
Jul 202109470.783.98$374
Jun 202108569.493.38$287
May 202108863.483.02$266
Apr 202108560.362.76$234
Mar 2021010361.302.72$280
Feb 202108457.805.55$466
Jan 2021011150.412.81$312
Dec 202005644.642.68$150
Nov 2020012138.772.71$327
Oct 202004036.972.48$99
Sep 202009537.091.99$189
Aug 2020012139.982.39$289
Jul 2020014938.371.83$272
Jun 202003834.901.69$64
May 202001816.921.81$33
Apr 202007814.751.80$141
Mar 202001530.341.86$28
Feb 202009249.881.98$182
Jan 202006057.252.09$126
Dec 201906559.012.30$150
Nov 201908155.302.75$223
Oct 201906353.472.42$152
Sep 2019016555.052.66$438
Aug 201903353.112.30$76
Jul 201904656.272.46$113
Jun 201903652.782.49$90
May 201905558.482.74$151
Apr 201903662.632.75$99
Mar 2019021656.803.06$661
Feb 2019016950.852.79$472
Jan 2019022646.033.23$730
Dec 2018021846.594.19$912
Nov 2018022552.934.24$953
Oct 2018023561.443.40$799
Sep 2018019559.543.11$606
Aug 2018017559.403.07$537
Jul 201808365.142.93$243
Jun 201809860.183.08$302
May 2018010465.382.90$302
Apr 2018012563.842.90$363
Mar 2018014861.222.79$412
Feb 201805861.782.77$160
Jan 201804762.874.01$188
Dec 201704957.272.92$143
Nov 201701255.423.12$37
Oct 20172249.292.98$105
Sep 201702647.523.09$80
Aug 201705245.373.00$156
Jul 201706743.873.09$207
Jun 201705342.493.09$164
May 201705445.373.26$176
Apr 201707747.933.21$247
Mar 201705846.772.98$173
Feb 2017021750.452.95$641
Jan 2017019549.413.42$667
Dec 2016016948.763.72$629
Nov 2016010442.492.64$275
Oct 201606946.193.09$213
Sep 2016013241.553.10$409
Aug 2016010941.442.92$319
Jul 20161141.622.92$45
Jun 201603445.352.69$91
May 201601242.521.99$24
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160227.352.36$5
Dec 201502332.362.00$46
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201501240.162.87$34
Jul 20150348.152.95$9
Jun 201541156.152.88$256
May 2015023155.212.96$683
Apr 2015016649.822.71$449
Mar 2015019542.892.93$572
Feb 2015017244.662.98$512
Jan 2015015943.433.10$493
Dec 2014020954.693.59$751
Nov 2014024270.464.25$1,029
Oct 2014025278.303.90$983
Sep 2014021286.164.05$858
Aug 2014016789.394.04$674
Jul 2014023196.564.18$965
Jun 2014020298.164.74$957
May 2014025294.734.73$1,191
Apr 2014024395.944.81$1,169
Mar 2014027395.895.06$1,381
Feb 2014019197.406.19$1,183
Jan 2014022090.404.86$1,069
Dec 2013023991.824.35$1,041
Nov 2013013988.853.74$520
Oct 2013017197.423.78$646
Sep 20130168104.113.72$625
Aug 20130215104.253.52$757
Jul 20130175102.523.72$651
Jun 2013014294.403.93$559
May 201308894.834.15$365
Apr 20130993.964.28$39
Mar 20130893.623.91$31
Feb 20130991.233.42$31
Jan 2013010591.603.42$359
Dec 2012016486.773.42$561
Nov 2012012386.953.62$446
Oct 2012019589.383.40$663
Sep 2012010594.672.92$306
Aug 2012055292.662.91$1,605
Jul 2012047985.133.02$1,447
Jun 2012040879.822.52$1,028
May 2012035591.612.49$883
Apr 20120294101.652.00$587
Mar 20120260105.052.22$578
Feb 20120161101.102.57$414
Jan 2012022698.092.73$618
Dec 2011026396.873.24$852
Nov 2011023895.723.31$788
Oct 2011023984.983.65$872
Sep 2011022683.623.99$901
Aug 2011030583.404.15$1,266
Jul 2011020294.144.52$912
Jun 2011025792.904.64$1,192
May 2011030198.134.40$1,326
Apr 20110265105.964.33$1,148
Mar 2011024396.364.06$986
Feb 201101585.644.18$63
Jan 201104586.504.59$207
Dec 2010021285.734.35$922
Nov 2010024780.843.80$937
Oct 2010015178.103.51$530
Sep 2010036572.633.98$1,453
Aug 2010071373.684.42$3,151
Jul 2010075272.554.74$3,562
Jun 2010035370.364.91$1,733
May 20100071.124.24$0
Apr 201003681.694.12$148
Mar 2010033378.394.39$1,461
Feb 2010059373.585.44$3,227
Jan 2010049874.365.96$2,970
Dec 2009070271.445.48$3,850
Nov 2009023974.593.75$897
Oct 2009016472.544.11$674
Sep 2009016965.543.06$518
Aug 2009019167.423.22$615
Jul 2009023861.133.46$825
Jun 2009026466.163.90$1,028
May 2009027954.743.93$1,095
Apr 2009023746.773.59$850
Mar 2009025642.144.06$1,039
Feb 2009024032.814.63$1,112
Jan 2009025835.865.37$1,386
Dec 2008023737.105.98$1,417
Nov 2008022555.496.86$1,544
Oct 2008022275.246.92$1,537
Sep 20080196101.767.88$1,544
Aug 20080225114.228.48$1,909
Jul 20080178131.0811.39$2,027
Jun 20080249131.3313.03$3,245
May 20080268123.1711.57$3,102
Apr 20080260110.3110.45$2,718
Mar 20080213101.909.66$2,058
Feb 2008022092.538.77$1,930
Jan 2008026290.388.21$2,150
Dec 2007027688.337.30$2,015
Nov 2007027791.677.29$2,020
Oct 2007025182.856.92$1,737
Sep 2007025275.846.24$1,574
Aug 2007027069.066.39$1,725
Jul 2007025870.906.39$1,648
Jun 2007026262.007.55$1,978
May 2007028358.747.85$2,221
Apr 2007027159.617.81$2,115
Mar 2007027956.927.30$2,037
Feb 2007027755.108.22$2,276
Jan 2007030350.306.73$2,038
Dec 2006026856.656.92$1,854
Nov 2006029654.207.62$2,255
Oct 2006027354.906.01$1,642
Sep 2006025860.085.04$1,300
Aug 2006025668.717.34$1,879
Jul 2006027169.376.34$1,719
Jun 2006025966.286.38$1,653
May 2006026866.016.42$1,722
Apr 2006026064.397.36$1,914
Mar 2006024856.707.08$1,757
Feb 2006021757.597.75$1,682
Jan 2006029760.598.93$2,653
Dec 2005033454.9413.42$4,481
Nov 2005029554.6910.59$3,124
Oct 2005032558.3413.80$4,484
Sep 2005029061.4512.08$3,503
Aug 2005027761.519.80$2,714
Jul 2005030555.697.84$2,392
Jun 2005031552.337.38$2,325
May 2005034045.226.65$2,261
Apr 2005032749.207.36$2,407
Mar 2005032550.377.15$2,325
Feb 2005034845.226.31$2,197
Jan 2005036643.166.32$2,314
Dec 2004038739.866.75$2,613
Nov 2004031245.286.33$1,975
Oct 2004035149.706.52$2,287
Sep 2004031543.245.28$1,664
Aug 2004033942.375.55$1,882
Jul 2004031838.286.08$1,935
Jun 2004033636.106.43$2,161
May 2004033637.486.49$2,182
Apr 2004033334.475.86$1,951
Mar 2004034934.365.53$1,930
Feb 2004035932.455.51$1,978
Jan 2004039932.036.30$2,514
Dec 2003040830.266.30$2,571
Nov 2003038028.804.60$1,746
Oct 2003039028.174.76$1,856
Sep 2003039026.314.75$1,852
Aug 2003044629.765.13$2,288
Jul 2003041329.415.17$2,136
Jun 2003036228.565.98$2,166
May 2003039126.595.97$2,335
Apr 2003036226.675.41$1,957
Mar 2003032131.146.10$1,957
Feb 2003034833.487.93$2,758
Jan 2003036630.315.58$2,043
Dec 2002041126.914.85$1,995
Nov 2002036424.664.14$1,506
Oct 2002039926.464.23$1,687
Sep 2002037627.443.64$1,367
Aug 2002032525.963.16$1,028
Jul 2002034124.583.06$1,044
Jun 2002035723.733.34$1,192
May 2002037724.663.58$1,351
Apr 2002039023.653.51$1,370
Mar 2002040622.003.10$1,260
Feb 2002035518.222.38$843
Jan 2002043817.172.38$1,041
Dec 2001038016.932.36$898
Nov 2001025418.072.41$611
Oct 2001037119.782.53$938
Sep 2001034924.262.25$786
Aug 2001036224.873.05$1,105
Jul 2001039623.933.20$1,266
Jun 2001041224.563.82$1,576
May 2001041525.524.31$1,788
Apr 2001039724.685.34$2,118
Mar 2001040824.545.38$2,194
Feb 2001037227.755.77$2,145
Jan 2001045827.478.40$3,847
Dec 2000045426.889.12$4,142
Nov 2000045032.215.66$2,546
Oct 2000048731.235.15$2,506
Sep 2000043631.875.19$2,261
Aug 2000048129.644.54$2,184
Jul 2000048128.534.09$1,967
Jun 2000044729.304.40$1,966
May 2000049027.263.68$1,803
Apr 2000046224.513.12$1,440
Mar 2000050728.422.86$1,450
Feb 2000046527.622.73$1,268
Jan 2000049325.272.48$1,223
Dec 1999051224.282.42$1,241
Nov 1999049523.192.43$1,205
Oct 1999032320.982.80$906
Sep 1999034821.752.62$911
Aug 1999046519.262.88$1,337
Jul 1999036517.892.37$866
Jun 1999041315.942.36$976
May 1999042115.792.32$977
Apr 1999047815.102.21$1,055
Mar 1999052912.471.84$972
Feb 199903879.981.82$703
Jan 1999043110.381.90$819
Dec 199804189.201.77$741
Nov 1998043610.892.19$953
Oct 1998047112.421.97$928
Sep 1998049312.592.08$1,027
Aug 1998040211.301.91$767
Jul 1998048511.742.24$1,085
Jun 1998053211.242.24$1,190
May 1998060912.622.21$1,344
Apr 1998024413.042.51$611
Mar 1998053912.802.31$1,245
Feb 1998045313.952.30$1,042
Jan 1998052214.702.15$1,125
Dec 1997053016.322.41$1,278
Nov 1997049418.193.09$1,526
Oct 19971325719.253.15$1,060
Sep 1997023117.742.95$683
Aug 1997025817.862.55$659
Jul 1997027117.582.25$609
Jun 1997028317.242.26$639
May 1997030618.972.31$706
Apr 1997022517.882.08$469
Mar 1997025918.951.94$502
Feb 19971222320.492.21$738
Jan 1997027623.483.54$977
Dec 1996036723.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 199601717.07$0
Dec 1995039717.19$0
Nov 1995049416.00$0
Oct 1995060915.43$0
Sep 1995083016.18$0
Aug 199506615.92$0
Jul 1995038615.24$0
Jun 1995049216.41$0
May 1995075817.56$0
Apr 1995074217.73$0
Mar 1995055716.44$0
Feb 1995071516.58$0
Jan 1995079315.92$0
Dec 1994073215.03$0
Nov 1994081715.90$0
Oct 1994063115.58$0
Sep 1994071715.29$0
Aug 1994071516.13$0
Jul 1994073817.56$0
Jun 1994057717.09$0
May 1994080415.88$0
Apr 1994068014.14$0
Mar 1994086912.46$0
Feb 1994078312.50$0
Jan 199401,07612.66$0
Dec 199301,13212.33$0
Nov 1993089514.49$0
Oct 1993097515.85$0
Sep 1993095615.03$0
Aug 1993097615.66$0
Jul 199301,05115.46$0
Jun 1993090016.79$0
May 199301,17017.68$0
Apr 199301,01918.05$0
Mar 199301,13118.14$0
Feb 199301,05317.90$0
Jan 199301,24716.93$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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    4 Mcf  × $  3.15 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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. 7C/G/140365 is the state's own key, not one this site invented.