B BAR RANCH

Operated by 324 OIL & GAS, LTD. (P-5 953588) in the WESER (RECKLAW 7560) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138646District 02Field 96422666CondensateGasSaveExport
Value, all time
$340 k
Jan 1993 – Jun 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
186
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1967-08-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1995-04-01.

The Commission's schedule remark for this field reads: FIELD RETURNED A.O.F. AS 0F 4/1/95 PER COMPLETED SURVEY

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
CondensateDisposition3,030 bbl$55,171
GasProduction497,666 Mcf$284,635
Total$339,806

393,310 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 28.8789, -97.4080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.87889, -97.40796 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,950 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
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 7,950 ft.

Plug dates filed
Jun 2008
1 of 1 wells

1 well

42-1753256417,950 ftJun 2008Yes

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 (186)

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

186 months

Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20041852632.036.30$6,089
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 2003183026.314.75$4,815
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002022623.653.51$794
Mar 2002014422.003.10$447
Feb 2002017318.222.38$411
Jan 2002014717.172.38$349
Dec 2001021516.932.36$508
Nov 200108318.072.41$200
Oct 2001081019.782.53$2,048
Sep 200101,17524.262.25$2,645
Aug 200101,09424.873.05$3,340
Jul 2001061723.933.20$1,973
Jun 2001063024.563.82$2,409
May 200101,58325.524.31$6,818
Apr 200101,75624.685.34$9,369
Mar 200101,26524.545.38$6,801
Feb 2001075527.755.77$4,354
Jan 2001095727.478.40$8,038
Dec 2000055226.889.12$5,036
Nov 2000044932.215.66$2,540
Oct 2000044831.235.15$2,305
Sep 2000031731.875.19$1,644
Aug 2000044629.644.54$2,025
Jul 2000054428.534.09$2,225
Jun 2000042729.304.40$1,878
May 2000072427.263.68$2,664
Apr 2000083724.513.12$2,608
Mar 200001,13528.422.86$3,246
Feb 2000080627.622.73$2,198
Jan 2000036625.272.48$908
Dec 199916945724.282.42$5,211
Nov 1999075123.192.43$1,828
Oct 1999090520.982.80$2,537
Sep 199901,50521.752.62$3,941
Aug 199901,01419.262.88$2,916
Jul 199901,58517.892.37$3,760
Jun 199902,20215.942.36$5,201
May 199901,93115.792.32$4,482
Apr 199901,92715.102.21$4,255
Mar 199902,07212.471.84$3,809
Feb 199901,8949.981.82$3,443
Jan 199901,01310.381.90$1,925
Dec 199801,9279.201.77$3,417
Nov 199802,03910.892.19$4,457
Oct 199801,97212.421.97$3,883
Sep 19981672,05312.592.08$6,378
Aug 199802,30111.301.91$4,389
Jul 199802,46611.742.24$5,517
Jun 199801,85611.242.24$4,152
May 199802,15412.622.21$4,752
Apr 199802,66013.042.51$6,664
Mar 19981823,05912.802.31$9,394
Feb 199802,09913.952.30$4,826
Jan 199803,02614.702.15$6,520
Dec 199703,52616.322.41$8,502
Nov 199703,35518.193.09$10,361
Oct 199703,33619.253.15$10,508
Sep 199703,71617.742.95$10,980
Aug 199703,90017.862.55$9,963
Jul 19971642,96717.582.25$9,550
Jun 199703,62617.242.26$8,185
May 199702,99018.972.31$6,902
Apr 199702,81317.882.08$5,859
Mar 199703,37418.951.94$6,543
Feb 199703,23220.492.21$7,129
Jan 199703,94623.483.54$13,968
Dec 199604,04823.32$0
Nov 19961654,21521.97$3,625
Oct 199604,27223.31$0
Sep 199604,14922.22$0
Aug 199604,66220.26$0
Jul 199604,28219.55$0
Jun 19961694,22118.73$3,165
May 199604,65019.43$0
Apr 199604,86021.51$0
Mar 199604,33019.38$0
Feb 199605,18716.98$0
Jan 19961765,70417.07$3,004
Dec 199505,90117.19$0
Nov 199505,65316.00$0
Oct 199506,63115.43$0
Sep 19951696,91716.18$2,734
Aug 199508,02015.92$0
Jul 199509,25115.24$0
Jun 199517213,31816.41$2,823
May 199509,36317.56$0
Apr 1995060617.73$0
Mar 1995082816.44$0
Feb 199501,08116.58$0
Jan 199501,33715.92$0
Dec 1994812,94915.03$1,217
Nov 19941831,84815.90$2,910
Oct 19941802,81615.58$2,804
Sep 19941681,60315.29$2,569
Aug 199409,48516.13$0
Jul 19941668,35817.56$2,915
Jun 199409,90717.09$0
May 199409,90215.88$0
Apr 1994010,84614.14$0
Mar 199418412,84712.46$2,293
Feb 199409,66512.50$0
Jan 1994012,11712.66$0
Dec 1993011,32812.33$0
Nov 1993013,26614.49$0
Oct 1993012,80915.85$0
Sep 1993013,01315.03$0
Aug 1993014,40315.66$0
Jul 1993015,13515.46$0
Jun 1993015,57316.79$0
May 199316716,11917.68$2,953
Apr 1993016,24618.05$0
Mar 1993017,14818.14$0
Feb 1993015,00517.90$0
Jan 1993017,43616.93$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.

Jan 2004 — as filed, then multipliedworked
Condensate           185 bbl  × $ 32.03 =     $5,926
Gas                   26 Mcf  × $  6.30 =       $164

────────────────────────────────────────────────────
Month total                                   $6,089

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. 02/G/138646 is the state's own key, not one this site invented.