BAUGH-SPENCE

Operated by THP OPERATING LLC (P-5 857147) in the JAN-JERRYE, SE. (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 87048District 7CField 45638300NGPA filingCondensateGasSaveExport
Value, all time
$3.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$37 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1978-01-10
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1986-01-06.

The Commission's schedule remark for this field reads: PER OPERATOR REQUEST

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
NGPA2none

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
CondensateDisposition270 bbl$7,621
GasProduction1,011,768 Mcf$3,341,642
Total$3,349,263

218,730 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 30.9145, -100.4413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.91452, -100.44127 · 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
5,260 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 5,260 ft.

Completions filed
Oct 1979
1 of 1 wells

1 well

42-4133082515015,260 ftOct 1979

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 202608498.932.87$241
Mar 20260089.753.15$0
Feb 202601,60363.503.75$6,012
Jan 202601,68459.138.00$13,469
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202508359.383.30$274
Sep 202501,49962.743.08$4,612
Aug 202501,38663.933.01$4,178
Jul 202501,38166.743.32$4,578
Jun 202501,21266.483.13$3,792
May 20250060.553.23$0
Apr 2025033862.363.54$1,198
Mar 202501,21267.704.27$5,173
Feb 202501,44770.884.34$6,281
Jan 202501,72574.324.28$7,381
Dec 202401,70168.993.12$5,309
Nov 2024039869.052.20$875
Oct 2024041871.372.28$954
Sep 2024027569.612.36$650
Aug 2024017275.632.06$355
Jul 20240079.932.15$0
Jun 202401,35278.082.63$3,561
May 2024083578.812.20$1,836
Apr 2024011384.451.66$187
Mar 2024097480.301.55$1,505
Feb 202401,33076.091.78$2,372
Jan 202401,38173.023.30$4,554
Dec 202301,29471.262.61$3,378
Nov 202301,23777.892.81$3,473
Oct 202301,05985.443.09$3,269
Sep 202301,28689.042.74$3,517
Aug 2023081680.522.67$2,181
Jul 20230074.852.64$0
Jun 2023083068.962.26$1,875
May 202301,08070.622.23$2,406
Apr 202301,02478.122.24$2,291
Mar 202303772.852.39$89
Feb 2023085475.112.47$2,106
Jan 202301,17376.533.39$3,974
Dec 202201,15976.415.73$6,640
Nov 202201,18085.005.65$6,663
Oct 202201,24987.185.86$7,324
Sep 202201,22784.888.16$10,017
Aug 202201,14994.529.13$10,487
Jul 20220897101.587.54$6,765
Jun 202201,115115.097.98$8,895
May 202201,326109.378.43$11,182
Apr 20220397104.226.84$2,715
Mar 202201,261108.885.08$6,401
Feb 202201,10891.054.86$5,384
Jan 202201,31381.844.54$5,958
Dec 202101,33771.323.90$5,213
Nov 202101,31077.435.24$6,860
Oct 202101,36379.795.71$7,788
Sep 202101,35469.865.35$7,245
Aug 202101,18366.024.22$4,993
Jul 202101,44370.783.98$5,746
Jun 202101,31669.493.38$4,449
May 2021091463.483.02$2,758
Apr 202101,18460.362.76$3,266
Mar 202101,64361.302.72$4,464
Feb 202105,88957.805.55$32,672
Jan 202101,63350.412.81$4,589
Dec 202001,99044.642.68$5,324
Nov 2020099438.772.71$2,690
Oct 2020087236.972.48$2,161
Sep 202001,54437.091.99$3,074
Aug 202001,63039.982.39$3,888
Jul 202001,53738.371.83$2,805
Jun 202001,51334.901.69$2,557
May 202001,61516.921.81$2,931
Apr 202001,59414.751.80$2,876
Mar 202001,52930.341.86$2,838
Feb 202001,54549.881.98$3,060
Jan 202001,47057.252.09$3,079
Dec 201901,54059.012.30$3,549
Nov 201901,42555.302.75$3,920
Oct 201901,56853.472.42$3,792
Sep 201901,75455.052.66$4,661
Aug 201901,81653.112.30$4,185
Jul 201901,96556.272.46$4,834
Jun 201901,90752.782.49$4,751
May 201902,03758.482.74$5,582
Apr 201901,12162.632.75$3,084
Mar 201901,97056.803.06$6,032
Feb 201901,77950.852.79$4,967
Jan 201901,99046.033.23$6,424
Dec 201802,01246.594.19$8,421
Nov 201801,69752.934.24$7,191
Oct 201802,01561.443.40$6,847
Sep 201801,95259.543.11$6,067
Aug 201802,03959.403.07$6,253
Jul 201802,02365.142.93$5,931
Jun 201801,78960.183.08$5,505
May 201801,98365.382.90$5,752
Apr 201801,68263.842.90$4,879
Mar 201801,90261.222.79$5,301
Feb 201802,06961.782.77$5,723
Jan 201803,61762.874.01$14,502
Dec 201702,02957.272.92$5,928
Nov 201701,95355.423.12$6,090
Oct 201702,02149.292.98$6,030
Sep 201701,94747.523.09$6,011
Aug 201702,02145.373.00$6,072
Jul 201702,00343.873.09$6,184
Jun 20171201,63142.493.09$10,134
May 201702,00245.373.26$6,533
Apr 201701,87947.933.21$6,035
Mar 201701,93646.772.98$5,776
Feb 201701,76350.452.95$5,205
Jan 201702,01849.413.42$6,899
Dec 201602,22448.763.72$8,280
Nov 201601,95842.492.64$5,178
Oct 201602,03246.193.09$6,279
Sep 2016099941.553.10$3,098
Aug 201602,10441.442.92$6,153
Jul 201602,06141.622.92$6,027
Jun 201602,01945.352.69$5,423
May 201602,15242.521.99$4,285
Apr 201602,06036.561.99$4,102
Mar 201602,05733.011.79$3,690
Feb 201602,00326.472.06$4,133
Jan 201601,20827.352.36$2,856
Dec 201503,90132.362.00$7,808
Nov 201503,37938.792.17$7,323
Oct 201503,27643.552.43$7,949
Sep 201508,98942.992.76$24,795
Aug 201502,77140.162.87$7,960
Jul 201502,49348.152.95$7,342
Jun 201502,26156.152.88$6,518
May 201502,07255.212.96$6,124
Apr 201502,07449.822.71$5,613
Mar 201502,19942.892.93$6,453
Feb 201501,96344.662.98$5,842
Jan 201502,06343.433.10$6,397
Dec 201402,31454.693.59$8,310
Nov 201402,42470.464.25$10,306
Oct 201402,42578.303.90$9,460
Sep 201402,27286.164.05$9,191
Aug 201402,30489.394.04$9,297
Jul 201401,83996.564.18$7,686
Jun 201401,79998.164.74$8,522
May 201401,88094.734.73$8,886
Apr 201401,85695.944.81$8,926
Mar 201401,39895.895.06$7,069
Feb 201401,64597.406.19$10,186
Jan 201401,75290.404.86$8,516
Dec 201301,81791.824.35$7,912
Nov 201301,79688.853.74$6,714
Oct 201301,91697.423.78$7,241
Sep 201301,864104.113.72$6,930
Aug 201301,931104.253.52$6,802
Jul 201301,947102.523.72$7,238
Jun 201301,87294.403.93$7,363
May 201301,41994.834.15$5,888
Apr 201301,88893.964.28$8,086
Mar 201301,37793.623.91$5,388
Feb 201301,70691.233.42$5,834
Jan 201301,84491.603.42$6,306
Dec 201201,90586.773.42$6,515
Nov 201201,91186.953.62$6,927
Oct 201201,94789.383.40$6,619
Sep 201201,85594.672.92$5,414
Aug 201201,96792.662.91$5,720
Jul 201202,01085.133.02$6,072
Jun 201201,96379.822.52$4,945
May 201202,01991.612.49$5,024
Apr 201201,947101.652.00$3,888
Mar 201202,012105.052.22$4,471
Feb 201201,899101.102.57$4,881
Jan 201201,98798.092.73$5,433
Dec 201102,00596.873.24$6,496
Nov 201101,95295.723.31$6,464
Oct 201102,04784.983.65$7,469
Sep 201102,13583.623.99$8,510
Aug 201101,65083.404.15$6,846
Jul 201101,86394.144.52$8,416
Jun 201101,96692.904.64$9,122
May 201102,01498.134.40$8,871
Apr 201101,938105.964.33$8,398
Mar 201102,03596.364.06$8,257
Feb 201101,77485.644.18$7,415
Jan 201102,00986.504.59$9,219
Dec 201001,99985.734.35$8,691
Nov 201001,97680.843.80$7,500
Oct 201002,06978.103.51$7,260
Sep 201001,98972.633.98$7,915
Aug 201002,07873.684.42$9,183
Jul 201002,07272.554.74$9,814
Jun 201001,98970.364.91$9,767
May 201002,08171.124.24$8,813
Apr 201002,00881.694.12$8,278
Mar 201002,07078.394.39$9,085
Feb 201001,86573.585.44$10,150
Jan 201002,13374.365.96$12,721
Dec 200902,07271.445.48$11,362
Nov 200902,10274.593.75$7,886
Oct 200902,17472.544.11$8,936
Sep 200902,06265.543.06$6,320
Aug 200902,15867.423.22$6,946
Jul 200902,13161.133.46$7,383
Jun 200902,07366.163.90$8,074
May 200902,14454.743.93$8,417
Apr 200902,06446.773.59$7,405
Mar 200902,16042.144.06$8,767
Feb 200902,06132.814.63$9,549
Jan 200902,27435.865.37$12,214
Dec 200802,23037.105.98$13,329
Nov 200802,22255.496.86$15,244
Oct 200802,35475.246.92$16,294
Sep 200801,591101.767.88$12,532
Aug 200802,360114.228.48$20,020
Jul 200802,511131.0811.39$28,599
Jun 200801,302131.3313.03$16,968
May 200801,957123.1711.57$22,651
Apr 200802,107110.3110.45$22,028
Mar 200803,086101.909.66$29,823
Feb 2008099992.538.77$8,762
Jan 200802,16890.388.21$17,790
Dec 200702,14388.337.30$15,648
Nov 200702,17991.677.29$15,889
Oct 200702,23682.856.92$15,478
Sep 200702,08075.846.24$12,988
Aug 200701,78769.066.39$11,415
Jul 200702,06870.906.39$13,210
Jun 200702,12162.007.55$16,010
May 200702,25858.747.85$17,717
Apr 200702,18759.617.81$17,070
Mar 200702,30156.927.30$16,802
Feb 200702,09355.108.22$17,196
Jan 200702,69650.306.73$18,136
Dec 200602,34556.656.92$16,224
Nov 200602,22754.207.62$16,964
Oct 200602,35754.906.01$14,175
Sep 200602,29560.085.04$11,560
Aug 200602,39068.717.34$17,542
Jul 200602,28769.376.34$14,506
Jun 200602,32466.286.38$14,836
May 200602,42266.016.42$15,561
Apr 200602,37364.397.36$17,466
Mar 200602,12856.707.08$15,072
Feb 200602,18357.597.75$16,921
Jan 200602,45160.598.93$21,896
Dec 200502,37554.9413.42$31,862
Nov 200502,38154.6910.59$25,211
Oct 200502,47858.3413.80$34,186
Sep 200502,38861.4512.08$28,845
Aug 200502,49861.519.80$24,473
Jul 200502,52455.697.84$19,797
Jun 200502,45252.337.38$18,098
May 200502,53445.226.65$16,854
Apr 200502,48449.207.36$18,283
Mar 200502,59250.377.15$18,545
Feb 200502,34945.226.31$14,827
Jan 200502,59643.166.32$16,412
Dec 200402,72039.866.75$18,363
Nov 200402,59445.286.33$16,421
Oct 200402,71049.706.52$17,656
Sep 200402,66943.245.28$14,103
Aug 200402,79242.375.55$15,497
Jul 200402,81638.286.08$17,133
Jun 200402,72136.106.43$17,504
May 200402,86137.486.49$18,581
Apr 200402,79634.475.86$16,380
Mar 200402,80934.365.53$15,534
Feb 200402,66932.455.51$14,705
Jan 200402,83132.036.30$17,834
Dec 200302,90530.266.30$18,306
Nov 200302,61428.804.60$12,012
Oct 200302,86228.174.76$13,622
Sep 200302,79026.314.75$13,251
Aug 200302,92129.765.13$14,984
Jul 200302,29129.415.17$11,846
Jun 200302,75628.565.98$16,489
May 200302,96026.595.97$17,679
Apr 200302,87726.675.41$15,557
Mar 200303,00931.146.10$18,343
Feb 200302,55333.487.93$20,235
Jan 200303,26130.315.58$18,203
Dec 200203,09926.914.85$15,042
Nov 200202,87524.664.14$11,894
Oct 200203,15526.464.23$13,343
Sep 200203,06727.443.64$11,149
Aug 200203,14025.963.16$9,935
Jul 200203,13024.583.06$9,583
Jun 200202,87623.733.34$9,601
May 200203,15424.663.58$11,304
Apr 200203,06223.653.51$10,755
Mar 200203,22622.003.10$10,009
Feb 200202,94518.222.38$6,996
Jan 200203,28217.172.38$7,797
Dec 200103,72716.932.36$8,812
Nov 200104,54918.072.41$10,943
Oct 200104,03519.782.53$10,204
Sep 200103,42724.262.25$7,715
Aug 200103,65824.873.05$11,168
Jul 200103,62323.933.20$11,583
Jun 200103,52824.563.82$13,492
May 200103,65425.524.31$15,739
Apr 200103,42524.685.34$18,273
Mar 200103,48324.545.38$18,726
Feb 200103,49727.755.77$20,167
Jan 200103,88627.478.40$32,638
Dec 200003,86826.889.12$35,286
Nov 200003,81132.215.66$21,563
Oct 200003,85331.235.15$19,826
Sep 200003,62131.875.19$18,780
Aug 200003,74029.644.54$16,982
Jul 200003,91528.534.09$16,011
Jun 200003,73629.304.40$16,428
May 200003,80727.263.68$14,009
Apr 200003,65324.513.12$11,383
Mar 200003,75528.422.86$10,738
Feb 200003,52627.622.73$9,614
Jan 200003,44725.272.48$8,550
Dec 199903,87124.282.42$9,382
Nov 199903,63623.192.43$8,850
Oct 199903,95520.982.80$11,089
Sep 199903,81021.752.62$9,978
Aug 199903,40919.262.88$9,803
Jul 199903,96517.892.37$9,406
Jun 199903,85815.942.36$9,113
May 199904,00115.792.32$9,286
Apr 1999533,91815.102.21$9,451
Mar 199904,04112.471.84$7,429
Feb 199903,6879.981.82$6,702
Jan 199904,07610.381.90$7,744
Dec 199803,8449.201.77$6,817
Nov 199804,08710.892.19$8,933
Oct 199804,31012.421.97$8,487
Sep 199804,28512.592.08$8,924
Aug 199804,37111.301.91$8,337
Jul 199803,94811.742.24$8,833
Jun 199803,11611.242.24$6,971
May 199802,91812.622.21$6,438
Apr 199803,03913.042.51$7,614
Mar 199803,13712.802.31$7,245
Feb 199802,94313.952.30$6,766
Jan 199803,99314.702.15$8,604
Dec 199703,61716.322.41$8,721
Nov 199703,62118.193.09$11,183
Oct 199704,09319.253.15$12,892
Sep 199703,73817.742.95$11,045
Aug 199704,28117.862.55$10,937
Jul 199704,81517.582.25$10,819
Jun 199704,79917.242.26$10,832
May 199703,53218.972.31$8,154
Apr 199702,53517.882.08$5,280
Mar 199702,95018.951.94$5,720
Feb 199702,96320.492.21$6,536
Jan 199704,23723.483.54$14,998
Dec 199603,60623.32$0
Nov 199603,69221.97$0
Oct 199603,21123.31$0
Sep 199603,76822.22$0
Aug 199603,02120.26$0
Jul 199603,65319.55$0
Jun 199603,86118.73$0
May 1996564,14619.43$1,088
Apr 199603,92321.51$0
Mar 199604,23619.38$0
Feb 199604,34316.98$0
Jan 199604,70917.07$0
Dec 199505,00817.19$0
Nov 199502,79416.00$0
Oct 199503,98015.43$0
Sep 199503,76216.18$0
Aug 199503,84115.92$0
Jul 199503,67015.24$0
Jun 199504,03316.41$0
May 199504,03917.56$0
Apr 199503,74017.73$0
Mar 199504,58016.44$0
Feb 199504,49916.58$0
Jan 199504,51615.92$0
Dec 199404,80115.03$0
Nov 199404,47315.90$0
Oct 199404,90215.58$0
Sep 199404,38515.29$0
Aug 199405,12616.13$0
Jul 199405,15417.56$0
Jun 199404,86317.09$0
May 199405,27815.88$0
Apr 199405,26614.14$0
Mar 199405,53012.46$0
Feb 199405,28612.50$0
Jan 199406,06412.66$0
Dec 199304,39412.33$0
Nov 199304,55214.49$0
Oct 199304,47115.85$0
Sep 199305,82515.03$0
Aug 199304,83215.66$0
Jul 1993415,48915.46$634
Jun 199305,31916.79$0
May 199305,65817.68$0
Apr 199305,98118.05$0
Mar 199305,71518.14$0
Feb 199305,20417.90$0
Jan 199305,53116.93$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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   84 Mcf  × $  2.87 =       $241

────────────────────────────────────────────────────
Month total                                     $241

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/87048 is the state's own key, not one this site invented.