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 246304District 7CField 006365002 tax incentive programmesCondensateGasSaveExport
Value, all time
$404 k
Jan 2009 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
209
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 Gas112009-04-22189651
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
CondensateDisposition6 bbl$350
GasProduction111,029 Mcf$403,249
Total$403,599

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 30.4093, -101.0208. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40929, -101.02078 · 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
5,198 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 5,198 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-10540804281A5,198 ftJan 2009

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 (209)

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

209 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202601289.753.15$38
Feb 2026025463.503.75$953
Jan 2026027959.138.00$2,231
Dec 2025046456.664.41$2,048
Nov 20250058.593.93$0
Oct 202501459.383.30$46
Sep 2025025862.743.08$794
Aug 2025026363.933.01$793
Jul 2025026366.743.32$872
Jun 2025025066.483.13$782
May 2025025860.553.23$834
Apr 2025027862.363.54$985
Mar 2025024367.704.27$1,037
Feb 2025022170.884.34$959
Jan 2025024774.324.28$1,057
Dec 2024026368.993.12$821
Nov 2024026669.052.20$585
Oct 2024026971.372.28$614
Sep 2024025869.612.36$610
Aug 2024026975.632.06$555
Jul 2024026279.932.15$562
Jun 2024025178.082.63$661
May 2024028378.812.20$622
Apr 2024028884.451.66$478
Mar 2024027180.301.55$419
Feb 2024023776.091.78$423
Jan 2024026173.023.30$861
Dec 2023029571.262.61$770
Nov 2023026277.892.81$736
Oct 2023028885.443.09$889
Sep 2023034589.042.74$944
Aug 2023040280.522.67$1,075
Jul 2023031874.852.64$840
Jun 2023030268.962.26$682
May 2023031570.622.23$702
Apr 2023031278.122.24$698
Mar 2023029872.852.39$713
Feb 2023025175.112.47$619
Jan 2023031176.533.39$1,054
Dec 2022029276.415.73$1,673
Nov 2022032185.005.65$1,812
Oct 2022033887.185.86$1,982
Sep 2022033684.888.16$2,743
Aug 2022032694.529.13$2,975
Jul 20220362101.587.54$2,730
Jun 20220354115.097.98$2,824
May 20220399109.378.43$3,365
Apr 20220370104.226.84$2,530
Mar 20220390108.885.08$1,980
Feb 2022033791.054.86$1,637
Jan 2022039881.844.54$1,806
Dec 2021040771.323.90$1,587
Nov 2021037477.435.24$1,959
Oct 2021038679.795.71$2,206
Sep 2021039569.865.35$2,114
Aug 2021042966.024.22$1,811
Jul 2021040170.783.98$1,597
Jun 2021040469.493.38$1,366
May 2021041963.483.02$1,264
Apr 2021035460.362.76$976
Mar 2021042961.302.72$1,166
Feb 2021031057.805.55$1,720
Jan 2021037450.412.81$1,051
Dec 2020039144.642.68$1,046
Nov 2020038538.772.71$1,042
Oct 2020041836.972.48$1,036
Sep 2020041837.091.99$832
Aug 2020045139.982.39$1,076
Jul 2020045538.371.83$830
Jun 2020044834.901.69$757
May 2020043316.921.81$786
Apr 2020039614.751.80$715
Mar 2020042030.341.86$780
Feb 2020038749.881.98$767
Jan 2020042657.252.09$892
Dec 2019037859.012.30$871
Nov 2019035955.302.75$988
Oct 2019040053.472.42$967
Sep 2019045255.052.66$1,201
Aug 2019044753.112.30$1,030
Jul 2019041656.272.46$1,023
Jun 2019043052.782.49$1,071
May 2019047458.482.74$1,299
Apr 2019041462.632.75$1,139
Mar 2019040356.803.06$1,234
Feb 2019035350.852.79$986
Jan 2019042146.033.23$1,359
Dec 2018041946.594.19$1,754
Nov 2018040152.934.24$1,699
Oct 2018038761.443.40$1,315
Sep 2018039659.543.11$1,231
Aug 2018043359.403.07$1,328
Jul 2018040865.142.93$1,196
Jun 2018043960.183.08$1,351
May 2018041465.382.90$1,201
Apr 2018039863.842.90$1,155
Mar 2018045361.222.79$1,262
Feb 2018040961.782.77$1,131
Jan 2018043862.874.01$1,756
Dec 2017045657.272.92$1,332
Nov 2017045755.423.12$1,425
Oct 2017045849.292.98$1,367
Sep 2017044947.523.09$1,386
Aug 2017046145.373.00$1,385
Jul 2017048143.873.09$1,485
Jun 2017043742.493.09$1,349
May 2017043745.373.26$1,426
Apr 2017045047.933.21$1,445
Mar 2017047246.772.98$1,408
Feb 2017041250.452.95$1,216
Jan 2017045549.413.42$1,556
Dec 2016063748.763.72$2,371
Nov 2016047442.492.64$1,253
Oct 2016048646.193.09$1,502
Sep 2016046241.553.10$1,432
Aug 2016048441.442.92$1,415
Jul 2016049741.622.92$1,453
Jun 2016144245.352.69$1,232
May 2016052242.521.99$1,039
Apr 2016046436.561.99$924
Mar 2016050633.011.79$908
Feb 2016052926.472.06$1,092
Jan 2016051027.352.36$1,206
Dec 2015053832.362.00$1,077
Nov 2015053338.792.17$1,155
Oct 2015053243.552.43$1,291
Sep 2015051842.992.76$1,429
Aug 2015055840.162.87$1,603
Jul 2015153748.152.95$1,630
Jun 2015054456.152.88$1,568
May 2015056555.212.96$1,670
Apr 2015055149.822.71$1,491
Mar 2015055942.892.93$1,641
Feb 2015050544.662.98$1,503
Jan 2015061443.433.10$1,904
Dec 2014062754.693.59$2,252
Nov 2014057070.464.25$2,424
Oct 2014061178.303.90$2,383
Sep 2014057086.164.05$2,306
Aug 2014059689.394.04$2,405
Jul 2014060396.564.18$2,520
Jun 2014058298.164.74$2,757
May 2014059794.734.73$2,822
Apr 2014059995.944.81$2,881
Mar 2014065695.895.06$3,317
Feb 2014073897.406.19$4,570
Jan 2014060690.404.86$2,946
Dec 2013063491.824.35$2,761
Nov 2013059288.853.74$2,213
Oct 2013060597.423.78$2,287
Sep 20130587104.113.72$2,182
Aug 20130619104.253.52$2,181
Jul 20130592102.523.72$2,201
Jun 2013061694.403.93$2,423
May 2013060094.834.15$2,489
Apr 2013061393.964.28$2,625
Mar 2013065293.623.91$2,551
Feb 2013056391.233.42$1,925
Jan 2013064191.603.42$2,192
Dec 2012064186.773.42$2,192
Nov 2012063386.953.62$2,295
Oct 2012066089.383.40$2,244
Sep 2012061994.672.92$1,806
Aug 2012063992.662.91$1,858
Jul 2012061685.133.02$1,861
Jun 2012063179.822.52$1,590
May 2012066491.612.49$1,652
Apr 20120669101.652.00$1,336
Mar 20120684105.052.22$1,520
Feb 20120664101.102.57$1,707
Jan 2012070898.092.73$1,936
Dec 2011070996.873.24$2,297
Nov 2011070295.723.31$2,325
Oct 2011070584.983.65$2,572
Sep 2011069383.623.99$2,762
Aug 2011072583.404.15$3,008
Jul 2011075394.144.52$3,401
Jun 2011073492.904.64$3,406
May 2011076198.134.40$3,352
Apr 20110698105.964.33$3,025
Mar 2011075296.364.06$3,051
Feb 2011064985.644.18$2,713
Jan 2011076786.504.59$3,520
Dec 2010076185.734.35$3,309
Nov 2010072580.843.80$2,752
Oct 2010079778.103.51$2,797
Sep 2010081572.633.98$3,243
Aug 2010084573.684.42$3,734
Jul 2010085772.554.74$4,059
Jun 2010081870.364.91$4,017
May 2010086771.124.24$3,672
Apr 2010084981.694.12$3,500
Mar 2010090278.394.39$3,959
Feb 2010080373.585.44$4,370
Jan 2010291574.365.96$5,606
Dec 2009098271.445.48$5,385
Nov 2009097074.593.75$3,639
Oct 200901,06572.544.11$4,377
Sep 200901,47365.543.06$4,514
Aug 200901,48667.423.22$4,783
Jul 200911,57061.133.46$5,500
Jun 200901,52566.163.90$5,940
May 200901,76354.743.93$6,921
Apr 200911,74146.773.59$6,293
Mar 200901,98342.144.06$8,049
Feb 200902,19732.814.63$10,179
Jan 200901,12735.865.37$6,053

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                   12 Mcf  × $  3.15 =        $38

────────────────────────────────────────────────────
Month total                                      $38

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/246304 is the state's own key, not one this site invented.