BANRICH

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18815District 01Field 12018200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.5 M
Nov 2015 – May 2026
Value, last 12 filed months
$390 k
at the published price for each month
Months reported
127
no gaps in the span
Streams
2
oil, casinghead 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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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
OilDisposition117,544 bbl$6,289,655
Casinghead gasProduction55,754 Mcf$166,608
Total$6,456,263

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 28.8713, -99.3996. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.87127, -99.39956 · 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
5,580 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 5,580 ft.

Completions filed
Nov 2015
1 of 1 wells

1 well

42-163339491H5,580 ftNov 2015

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 (127)

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

127 months

May 2026152196106.413.05$16,771
Apr 202683234198.932.87$83,288
Mar 202630926689.753.15$28,571
Feb 202629629063.503.75$19,884
Jan 202646436159.138.00$30,324
Dec 202528052556.664.41$18,182
Nov 202516175458.593.93$12,394
Oct 20255941,39559.383.30$39,882
Sep 202533089462.743.08$23,455
Aug 20254901,54763.933.01$35,990
Jul 202549256566.743.32$34,709
Jun 202567752866.483.13$46,659
May 202550535360.553.23$31,719
Apr 202515513462.363.54$10,141
Mar 202549637067.704.27$35,158
Feb 202534533570.884.34$25,908
Jan 202552936774.324.28$40,886
Dec 202473139868.993.12$51,674
Nov 202417339869.052.20$12,821
Oct 202454939071.372.28$40,072
Sep 202436246869.612.36$26,305
Aug 202455352175.632.06$42,899
Jul 202454058779.932.15$44,422
Jun 202453871578.082.63$43,890
May 202454966878.812.20$44,735
Apr 20245343784.451.66$45,158
Mar 20244883280.301.55$39,236
Feb 20245173076.091.78$39,392
Jan 20246693273.023.30$48,956
Dec 20235323271.262.61$37,994
Nov 20233563077.892.81$27,813
Oct 20235353285.443.09$45,809
Sep 20236953089.042.74$61,965
Aug 20233632980.522.67$29,306
Jul 20234773274.852.64$35,788
Jun 20234943168.962.26$34,136
May 20235153270.622.23$36,441
Apr 20236453178.122.24$50,457
Mar 20234993272.852.39$36,429
Feb 20236742975.112.47$50,696
Jan 20236831576.533.39$52,321
Dec 2022821176.415.73$62,738
Nov 2022336185.005.65$28,566
Oct 2022666287.185.86$58,074
Sep 2022621084.888.16$52,710
Aug 2022324794.529.13$30,688
Jul 202246150101.587.54$47,205
Jun 202264579115.097.98$74,863
May 2022591116109.378.43$65,616
Apr 202262079104.226.84$65,157
Mar 202246394108.885.08$50,889
Feb 202244610091.054.86$41,094
Jan 202260810081.844.54$50,212
Dec 202145612371.323.90$33,002
Nov 202160311877.435.24$47,308
Oct 202160613879.795.71$49,141
Sep 202145312869.865.35$32,332
Aug 202159415866.024.22$39,883
Jul 202161014370.783.98$43,745
Jun 202160914069.493.38$42,793
May 202189512063.483.02$57,177
Apr 202142914560.362.76$26,294
Mar 20211,22515061.302.72$75,500
Feb 202115011257.805.55$9,291
Jan 202144812450.412.81$22,932
Dec 202074314444.642.68$33,553
Nov 202059114938.772.71$23,316
Oct 202060017336.972.48$22,611
Sep 202074816037.091.99$28,062
Aug 202073514139.982.39$29,722
Jul 202030016038.371.83$11,803
Jun 202058913934.901.69$20,791
May 202073619216.921.81$12,802
Apr 20201,11618514.751.80$16,795
Mar 202031515230.341.86$9,839
Feb 202094923449.881.98$47,800
Jan 202077631557.252.09$45,086
Dec 201946741459.012.30$28,512
Nov 201977840455.302.75$44,135
Oct 20191,10372753.472.42$60,736
Sep 201996631055.052.66$54,002
Aug 201978515953.112.30$42,058
Jul 20190656.272.46$15
Jun 201911352.782.49$85
May 20190058.482.74$0
Apr 20193062.632.75$188
Mar 20197969756.803.06$45,510
Feb 201949012950.852.79$25,277
Jan 20191,26713946.033.23$58,769
Dec 201863913546.594.19$30,336
Nov 201879113952.934.24$42,457
Oct 201864126561.443.40$40,284
Sep 201881893459.543.11$51,607
Aug 20181,1281,27059.403.07$70,898
Jul 20181,0981,36865.142.93$75,535
Jun 20189411,39360.183.08$60,916
May 20181,2681,48365.382.90$87,204
Apr 20181,6211,26863.842.90$107,163
Mar 201878633861.222.79$49,061
Feb 20186487861.782.77$40,249
Jan 20181,10336762.874.01$70,817
Dec 20171,31246357.272.92$76,491
Nov 20171,26752255.423.12$71,845
Oct 201798055549.292.98$49,960
Sep 20171,26873247.523.09$62,515
Aug 20171,58677645.373.00$74,288
Jul 20171,57478643.873.09$71,478
Jun 20171,34481242.493.09$59,613
May 20171,44665845.373.26$67,752
Apr 20171,7581,19347.933.21$88,092
Mar 20171,68589546.772.98$81,478
Feb 20171,50884750.452.95$78,579
Jan 20171,9431,18949.413.42$100,069
Dec 20161,69594048.763.72$86,148
Nov 20162,38587242.492.64$103,645
Oct 20161,87783146.193.09$89,267
Sep 20162,1541,80741.553.10$95,102
Aug 20162,6111,96941.442.92$113,958
Jul 20162,5922,14841.622.92$114,161
Jun 20163,4682,13845.352.69$163,016
May 20164,3571,16542.521.99$187,579
Apr 20163,65091536.561.99$135,266
Mar 20163,35682733.011.79$112,265
Feb 20163,08674226.472.06$83,218
Jan 20163,69789027.352.36$103,217
Dec 20153,62494132.362.00$119,156
Nov 20151,52748138.792.17$60,275

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.

May 2026 — as filed, then multipliedworked
Oil                  152 bbl  × $106.41 =    $16,174
Casinghead gas       196 Mcf  × $  3.05 =       $597

────────────────────────────────────────────────────
Month total                                  $16,771

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. 01/O/18815 is the state's own key, not one this site invented.