BAGGETT, J M JR

Operated by DISCOVERY NATURAL RESOURCES LLC (P-5 220855) in the ADAMS-BAGGETT RANCH (CANYON SD.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 241960District 7CField 006365002 tax incentive programmesCondensateGasSaveExport
Value, all time
$529 k
Jul 2008 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
215
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 615 leases and 615 wells, and the rule below applies to all of them.

Discovered
1969-02-01
as the register files it
Field class
Gas
the register's own label
Between wells
330 ft
minimum
From a lease line
165 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2007-10-09.

The Commission's schedule remark for this field reads: THE ALLOCATION FORMULA.

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 Gas112008-11-21185515
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
CondensateDisposition28 bbl$2,608
GasProduction127,326 Mcf$526,643
Total$529,251

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 30.4236, -101.0256. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.42365, -101.02558 · 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
5,377 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 5,377 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-10540084252B5,377 ftJul 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 (215)

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

215 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202601889.753.15$57
Feb 202604463.503.75$165
Jan 2026015959.138.00$1,272
Dec 2025029956.664.41$1,320
Nov 20250058.593.93$0
Oct 20250459.383.30$13
Sep 2025033662.743.08$1,034
Aug 2025025063.933.01$754
Jul 2025035366.743.32$1,170
Jun 2025029866.483.13$932
May 2025028460.553.23$918
Apr 2025030062.363.54$1,063
Mar 2025031967.704.27$1,362
Feb 2025027970.884.34$1,211
Jan 2025036074.324.28$1,540
Dec 2024043168.993.12$1,345
Nov 2024026569.052.20$583
Oct 2024033571.372.28$764
Sep 2024031469.612.36$742
Aug 2024046275.632.06$953
Jul 2024042879.932.15$919
Jun 2024035978.082.63$946
May 2024036678.812.20$805
Apr 2024034184.451.66$566
Mar 2024041080.301.55$634
Feb 2024028076.091.78$499
Jan 2024025173.023.30$828
Dec 2023047471.262.61$1,237
Nov 2023038177.892.81$1,070
Oct 2023025385.443.09$781
Sep 2023027489.042.74$749
Aug 2023029580.522.67$789
Jul 2023041774.852.64$1,102
Jun 2023040468.962.26$912
May 2023038970.622.23$866
Apr 2023041278.122.24$922
Mar 2023039972.852.39$955
Feb 2023039175.112.47$964
Jan 2023027876.533.39$942
Dec 2022225776.415.73$1,625
Nov 202208185.005.65$457
Oct 2022127487.185.86$1,694
Sep 2022222584.888.16$2,007
Aug 2022233994.529.13$3,283
Jul 20220422101.587.54$3,183
Jun 20220372115.097.98$2,968
May 20220363109.378.43$3,061
Apr 20226260104.226.84$2,403
Mar 20223315108.885.08$1,926
Feb 2022632691.054.86$2,130
Jan 2022464081.844.54$3,231
Dec 2021014171.323.90$550
Nov 2021022677.435.24$1,184
Oct 2021023579.795.71$1,343
Sep 2021019669.865.35$1,049
Aug 202108766.024.22$367
Jul 2021016270.783.98$645
Jun 2021020969.493.38$707
May 2021021063.483.02$634
Apr 2021022360.362.76$615
Mar 2021024261.302.72$658
Feb 2021014357.805.55$793
Jan 2021016850.412.81$472
Dec 2020026344.642.68$704
Nov 2020020438.772.71$552
Oct 2020020736.972.48$513
Sep 2020023237.091.99$462
Aug 2020024139.982.39$575
Jul 2020021038.371.83$383
Jun 2020024734.901.69$418
May 2020024416.921.81$443
Apr 2020030114.751.80$543
Mar 2020027830.341.86$516
Feb 2020031149.881.98$616
Jan 2020034457.252.09$721
Dec 2019033659.012.30$774
Nov 2019033555.302.75$921
Oct 2019036353.472.42$878
Sep 2019034955.052.66$927
Aug 2019030853.112.30$710
Jul 2019032756.272.46$804
Jun 2019034752.782.49$864
May 2019039458.482.74$1,080
Apr 2019042862.632.75$1,177
Mar 2019033456.803.06$1,023
Feb 2019023150.852.79$645
Jan 2019017146.033.23$552
Dec 2018018446.594.19$770
Nov 2018020552.934.24$869
Oct 2018025961.443.40$880
Sep 2018031359.543.11$973
Aug 2018033159.403.07$1,015
Jul 2018034065.142.93$997
Jun 2018027060.183.08$831
May 2018026565.382.90$769
Apr 2018021763.842.90$629
Mar 2018023961.222.79$666
Feb 2018029061.782.77$802
Jan 2018034662.874.01$1,387
Dec 2017029857.272.92$871
Nov 2017032955.423.12$1,026
Oct 2017036049.292.98$1,074
Sep 2017031647.523.09$976
Aug 2017034645.373.00$1,040
Jul 2017045743.873.09$1,411
Jun 2017030442.493.09$939
May 2017041745.373.26$1,361
Apr 2017060247.933.21$1,933
Mar 2017072946.772.98$2,175
Feb 2017058250.452.95$1,718
Jan 2017065349.413.42$2,232
Dec 2016044548.763.72$1,657
Nov 2016072542.492.64$1,917
Oct 2016075546.193.09$2,333
Sep 2016058441.553.10$1,811
Aug 2016066141.442.92$1,933
Jul 2016063741.622.92$1,863
Jun 2016056145.352.69$1,507
May 2016062542.521.99$1,244
Apr 2016050036.561.99$996
Mar 2016042933.011.79$770
Feb 2016047726.472.06$984
Jan 2016051827.352.36$1,225
Dec 2015059932.362.00$1,199
Nov 2015046438.792.17$1,006
Oct 2015039543.552.43$959
Sep 2015037942.992.76$1,045
Aug 2015038240.162.87$1,097
Jul 2015035048.152.95$1,031
Jun 2015026956.152.88$775
May 2015039255.212.96$1,159
Apr 2015041749.822.71$1,129
Mar 2015046342.892.93$1,359
Feb 2015040244.662.98$1,196
Jan 2015048843.433.10$1,513
Dec 2014049654.693.59$1,781
Nov 2014047170.464.25$2,003
Oct 2014053278.303.90$2,075
Sep 2014055686.164.05$2,249
Aug 2014054989.394.04$2,215
Jul 2014056296.564.18$2,349
Jun 2014052498.164.74$2,482
May 2014057494.734.73$2,713
Apr 2014059095.944.81$2,837
Mar 2014062095.895.06$3,135
Feb 2014060697.406.19$3,752
Jan 2014057690.404.86$2,800
Dec 2013059291.824.35$2,578
Nov 2013070888.853.74$2,647
Oct 2013067297.423.78$2,540
Sep 20130560104.113.72$2,082
Aug 20130818104.253.52$2,881
Jul 20130750102.523.72$2,788
Jun 2013071394.403.93$2,805
May 2013071394.834.15$2,958
Apr 2013063493.964.28$2,715
Mar 2013071793.623.91$2,806
Feb 2013061591.233.42$2,103
Jan 2013066591.603.42$2,274
Dec 2012068386.773.42$2,336
Nov 2012167586.953.62$2,534
Oct 2012070989.383.40$2,410
Sep 2012071294.672.92$2,078
Aug 2012073992.662.91$2,149
Jul 2012072685.133.02$2,193
Jun 2012074979.822.52$1,887
May 2012077991.612.49$1,938
Apr 20120780101.652.00$1,558
Mar 20120855105.052.22$1,900
Feb 20120809101.102.57$2,079
Jan 2012083198.092.73$2,272
Dec 2011182596.873.24$2,770
Nov 2011081195.723.31$2,685
Oct 2011095684.983.65$3,488
Sep 2011079083.623.99$3,149
Aug 2011088183.404.15$3,656
Jul 2011094594.144.52$4,269
Jun 201101,01792.904.64$4,719
May 2011093398.134.40$4,110
Apr 20110984105.964.33$4,264
Mar 201101,17996.364.06$4,784
Feb 201101,00585.644.18$4,201
Jan 201101,01386.504.59$4,648
Dec 201001,08085.734.35$4,696
Nov 201001,08580.843.80$4,118
Oct 201001,00478.103.51$3,523
Sep 201001,06172.633.98$4,222
Aug 201001,27973.684.42$5,652
Jul 201001,24772.554.74$5,906
Jun 201001,14470.364.91$5,618
May 201001,21171.124.24$5,129
Apr 201001,27581.694.12$5,256
Mar 201001,31378.394.39$5,762
Feb 201001,15773.585.44$6,297
Jan 201001,18074.365.96$7,038
Dec 200901,19471.445.48$6,548
Nov 200901,14974.593.75$4,310
Oct 200901,26272.544.11$5,187
Sep 200901,18765.543.06$3,638
Aug 200901,37067.423.22$4,409
Jul 200901,44061.133.46$4,989
Jun 200901,37066.163.90$5,336
May 200901,58754.743.93$6,230
Apr 200901,61346.773.59$5,787
Mar 200901,56742.144.06$6,360
Feb 200901,57732.814.63$7,306
Jan 200901,71935.865.37$9,233
Dec 200801,83237.105.98$10,950
Nov 200802,45855.496.86$16,863
Oct 200803,32475.246.92$23,009
Sep 200802,816101.767.88$22,182
Aug 200804,709114.228.48$39,947
Jul 20080315131.0811.39$3,588

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                   18 Mcf  × $  3.15 =        $57

────────────────────────────────────────────────────
Month total                                      $57

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/241960 is the state's own key, not one this site invented.