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LEDBETTER GAS UNIT #2

Ledbetter Gas Unit #2 is a gas well in Freestone County, Texas, operated by Valence Operating Company in the Teague (CV-Bossier Cons.) field.

1 well

183mcf gas, last 12 months−54% vs prior year
Operator
Valence Operating Company
County
Freestone County
Field
Teague (CV-Bossier Cons.)
RRC lease
05-145791

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Where it sits

This county

Freestone CountyFreestoneLimestoneEllisAndersonLeonNavarroHendersonFreestone County
Freestone County
Gas in Jul 2026
0 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 9 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 54% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 54% over the last 12 monthsMonthly gas production for LEDBETTER GAS UNIT #2, Aug 2023 to Jul 2026. Gas output fell 54% over the last 12 months. 183 mcf in the 12 months through Jul 2026, against 400 mcf in the 12 months before.Last 12 months: 183 mcfmcf per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 54% over the last 12 monthsMonthly gas production for LEDBETTER GAS UNIT #2, Aug 2023 to Jul 2026. Gas output fell 54% over the last 12 months. 183 mcf in the 12 months through Jul 2026, against 400 mcf in the 12 months before.Last 12 monthsmcf per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the 11 months reported

All of the gas went to a transmission line in the 11 months reportedShare of LEDBETTER GAS UNIT #2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 11 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the 11 months reportedShare of LEDBETTER GAS UNIT #2 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 11 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LEDBETTER GAS UNIT #2
API numberWell no.Status
42-161-304651Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100Aug 1, 2026–
Midcoast G & P (East Texas) L.p.Gas-well gasBuys100Feb 1, 2019–
Midcoast Pipelines (E Tx) L.p.Gas-well gasGathers100Feb 1, 2019–
Plains Marketing, L.p.CondensateGathers100Jul 1, 2000Aug 1, 2026
Enbridge Pipelines (E. Tx) L.p.Gas-well gasGathers100Mar 1, 2002Feb 1, 2019
Enbridge Pipelines (E. Tx) L.p.Gas-well gasBuys100Mar 1, 2002Feb 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

695.38 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Ledbetter Gas Unit #2
API numberWell no.Acreson the permit
42-161-304651695.38

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for LEDBETTER GAS UNIT #2
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026000$80.46$2.89
Jun 2026000$84.81$3.15
May 2026000$102.13$2.94
Apr 2026000$100.32$2.77
Mar 2026000$91.38$3.04
Feb 2026000$64.51$3.62
Jan 2026000$60.04$7.72
Dec 2025000$57.97$4.26
Nov 2025000$60.06$3.79
Oct 20251831830$60.89$3.19
Sep 2025000$63.96$2.97
Aug 2025000$64.86$2.91
Jul 20252822820$68.39$3.20
Jun 20251181180$68.17$3.02
May 2025000$62.17$3.12
Apr 2025000$63.54$3.42
Mar 2025000$68.24$4.12
Feb 2025000$71.53$4.19
Jan 2025000$75.74$4.13
Dec 2024000$70.12$3.01
Nov 2024000$69.95$2.12
Oct 2024000$71.99$2.20
Sep 2024000$70.24$2.28
Aug 2024000$76.68$1.99
Jul 2024000$81.80$2.07
Jun 20241001000$79.77$2.54
May 2024000$80.02$2.12
Apr 2024000$85.35$1.60
Mar 20241091090$81.28$1.49
Feb 202475750$77.25$1.72
Jan 2024000$74.15$3.18
Dec 202359590$71.90$2.52
Nov 202344440$77.69$2.71
Oct 202347470$85.64$2.98
Sep 202326260$89.43$2.64
Aug 202316160$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorValence Operating CompanyFieldTeague (CV-Bossier Cons.)CountyFreestone County

Valence Operating Company in Freestone County

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Teague (CV-Bossier Cons.) field

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