BETTGE

Name: BETTGE lease production and value, Nov 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the BRANDT (WILCOX DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 200525District 02Field 113813002 tax incentive programmesCondensateGasSave Export

Value, all time

$5.0 M

Nov 2003 – Jun 2019

Value, last 12 filed months

at the published price for each month

Months reported

188

no gaps in the span

Streams

condensate, gas

The BRANDT (WILCOX DEEP) field

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

2003-07-08

as the register files it

Field class

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 0 acres. The field rule took effect on 2003-09-25.

The Commission's schedule remark for this field reads: “G-10 TEST REPORT FOR RECORD PURPOSES.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-06-22	161969
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	111 bbl	$8,021
Gas	Production	885,553 Mcf	$4,971,736
Total			$4,979,757

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 28.9104, -97.3475. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.91042, -97.34754 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

18,000 ft

1 wells filed one

Completion to plug

14.2 years

median over 1 well

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 18,000 ft.

Completions filed

May 2005

1 of 1 wells

Plug dates filed

Jul 2019

1 of 1 wells

Last completion to plug: a median of 14.2 years across the 1 well that filed both dates, with the middle half between 14.2 years and 14.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12331938	1	18,000 ft	May 2005	Jul 2019	Yes

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 (188)

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

188 months


Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	559	47.52	3.09	$1,726
Aug 2017	0	280	45.37	3.00	$841
Jul 2017	0	224	43.87	3.09	$692
Jun 2017	0	222	42.49	3.09	$685
May 2017	0	498	45.37	3.26	$1,625
Apr 2017	0	181	47.93	3.21	$581
Mar 2017	0	373	46.77	2.98	$1,113
Feb 2017	0	856	50.45	2.95	$2,527
Jan 2017	0	388	49.41	3.42	$1,326
Dec 2016	0	880	48.76	3.72	$3,276
Nov 2016	0	655	42.49	2.64	$1,732
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	485	41.55	3.10	$1,504
Aug 2016	0	469	41.44	2.92	$1,372
Jul 2016	0	411	41.62	2.92	$1,202
Jun 2016	0	362	45.35	2.69	$972
May 2016	0	306	42.52	1.99	$609
Apr 2016	0	796	36.56	1.99	$1,585
Mar 2016	0	765	33.01	1.79	$1,372
Feb 2016	0	747	26.47	2.06	$1,542
Jan 2016	0	734	27.35	2.36	$1,735
Dec 2015	0	603	32.36	2.00	$1,207
Nov 2015	0	703	38.79	2.17	$1,524
Oct 2015	0	1,074	43.55	2.43	$2,606
Sep 2015	0	519	42.99	2.76	$1,432
Aug 2015	0	586	40.16	2.87	$1,683
Jul 2015	0	821	48.15	2.95	$2,418
Jun 2015	0	792	56.15	2.88	$2,283
May 2015	0	1,236	55.21	2.96	$3,653
Apr 2015	0	889	49.82	2.71	$2,406
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	139	44.66	2.98	$414
Jan 2015	0	558	43.43	3.10	$1,730
Dec 2014	0	7,611	54.69	3.59	$27,334
Nov 2014	0	7,631	70.46	4.25	$32,446
Oct 2014	0	7,631	78.30	3.90	$29,768
Sep 2014	0	8,638	86.16	4.05	$34,945
Aug 2014	0	9,131	89.39	4.04	$36,845
Jul 2014	0	10,466	96.56	4.18	$43,744
Jun 2014	0	11,702	98.16	4.74	$55,431
May 2014	0	14,526	94.73	4.73	$68,658
Apr 2014	0	18,805	95.94	4.81	$90,436
Mar 2014	0	32,728	95.89	5.06	$165,499
Feb 2014	0	17,387	97.40	6.19	$107,660
Jan 2014	0	371	90.40	4.86	$1,803
Dec 2013	0	1,281	91.82	4.35	$5,578
Nov 2013	0	1,149	88.85	3.74	$4,295
Oct 2013	0	1,769	97.42	3.78	$6,686
Sep 2013	0	1,639	104.11	3.72	$6,093
Aug 2013	0	1,594	104.25	3.52	$5,615
Jul 2013	0	1,597	102.52	3.72	$5,937
Jun 2013	0	1,464	94.40	3.93	$5,759
May 2013	0	1,665	94.83	4.15	$6,908
Apr 2013	0	1,628	93.96	4.28	$6,972
Mar 2013	0	1,785	93.62	3.91	$6,984
Feb 2013	0	1,709	91.23	3.42	$5,845
Jan 2013	0	1,148	91.60	3.42	$3,926
Dec 2012	0	1,524	86.77	3.42	$5,212
Nov 2012	0	1,551	86.95	3.62	$5,622
Oct 2012	0	1,489	89.38	3.40	$5,062
Sep 2012	0	1,619	94.67	2.92	$4,725
Aug 2012	0	1,671	92.66	2.91	$4,860
Jul 2012	0	1,142	85.13	3.02	$3,450
Jun 2012	0	1,266	79.82	2.52	$3,189
May 2012	0	1,013	91.61	2.49	$2,521
Apr 2012	0	1,200	101.65	2.00	$2,396
Mar 2012	0	1,631	105.05	2.22	$3,624
Feb 2012	0	1,563	101.10	2.57	$4,017
Jan 2012	0	1,711	98.09	2.73	$4,678
Dec 2011	36	1,185	96.87	3.24	$7,326
Nov 2011	0	1,534	95.72	3.31	$5,080
Oct 2011	0	1,199	84.98	3.65	$4,375
Sep 2011	0	1,031	83.62	3.99	$4,109
Aug 2011	0	2,263	83.40	4.15	$9,390
Jul 2011	0	1,209	94.14	4.52	$5,461
Jun 2011	0	1,351	92.90	4.64	$6,268
May 2011	0	1,335	98.13	4.40	$5,880
Apr 2011	0	2,058	105.96	4.33	$8,918
Mar 2011	0	1,426	96.36	4.06	$5,786
Feb 2011	0	1,436	85.64	4.18	$6,002
Jan 2011	0	2,153	86.50	4.59	$9,880
Dec 2010	0	2,546	85.73	4.35	$11,069
Nov 2010	0	680	80.84	3.80	$2,581
Oct 2010	0	1,492	78.10	3.51	$5,235
Sep 2010	0	1,172	72.63	3.98	$4,664
Aug 2010	43	1,257	73.68	4.42	$8,723
Jul 2010	0	2,424	72.55	4.74	$11,481
Jun 2010	0	1,421	70.36	4.91	$6,978
May 2010	0	3,249	71.12	4.24	$13,760
Apr 2010	0	1,538	81.69	4.12	$6,341
Mar 2010	0	2,459	78.39	4.39	$10,792
Feb 2010	0	2,893	73.58	5.44	$15,745
Jan 2010	0	1,883	74.36	5.96	$11,230
Dec 2009	0	2,443	71.44	5.48	$13,397
Nov 2009	0	3,236	74.59	3.75	$12,140
Oct 2009	0	1,385	72.54	4.11	$5,693
Sep 2009	0	2,522	65.54	3.06	$7,729
Aug 2009	0	2,646	67.42	3.22	$8,516
Jul 2009	0	1,804	61.13	3.46	$6,250
Jun 2009	0	2,466	66.16	3.90	$9,605
May 2009	0	1,460	54.74	3.93	$5,732
Apr 2009	0	1,970	46.77	3.59	$7,067
Mar 2009	0	1,605	42.14	4.06	$6,515
Feb 2009	0	1,106	32.81	4.63	$5,124
Jan 2009	0	3,111	35.86	5.37	$16,709
Dec 2008	0	1,823	37.10	5.98	$10,896
Nov 2008	0	1,693	55.49	6.86	$11,615
Oct 2008	0	1,980	75.24	6.92	$13,706
Sep 2008	0	2,552	101.76	7.88	$20,102
Aug 2008	0	1,802	114.22	8.48	$15,286
Jul 2008	0	1,272	131.08	11.39	$14,487
Jun 2008	0	3,821	131.33	13.03	$49,798
May 2008	0	1,495	123.17	11.57	$17,304
Apr 2008	0	3,258	110.31	10.45	$34,062
Mar 2008	0	2,942	101.90	9.66	$28,432
Feb 2008	0	1,121	92.53	8.77	$9,832
Jan 2008	0	1,104	90.38	8.21	$9,059
Dec 2007	0	1,175	88.33	7.30	$8,580
Nov 2007	0	1,192	91.67	7.29	$8,692
Oct 2007	0	1,163	82.85	6.92	$8,050
Sep 2007	0	1,266	75.84	6.24	$7,905
Aug 2007	0	1,399	69.06	6.39	$8,937
Jul 2007	0	1,450	70.90	6.39	$9,263
Jun 2007	0	1,455	62.00	7.55	$10,983
May 2007	0	1,727	58.74	7.85	$13,551
Apr 2007	0	1,584	59.61	7.81	$12,363
Mar 2007	0	1,553	56.92	7.30	$11,340
Feb 2007	0	1,934	55.10	8.22	$15,890
Jan 2007	0	1,788	50.30	6.73	$12,028
Dec 2006	0	2,224	56.65	6.92	$15,387
Nov 2006	0	5,467	54.20	7.62	$41,645
Oct 2006	2	3,739	54.90	6.01	$22,595
Sep 2006	0	3,654	60.08	5.04	$18,406
Aug 2006	0	3,789	68.71	7.34	$27,811
Jul 2006	0	3,971	69.37	6.34	$25,187
Jun 2006	1	2,872	66.28	6.38	$18,401
May 2006	7	2,087	66.01	6.42	$13,871
Apr 2006	0	2,564	64.39	7.36	$18,872
Mar 2006	0	2,639	56.70	7.08	$18,692
Feb 2006	0	2,338	57.59	7.75	$18,122
Jan 2006	0	2,841	60.59	8.93	$25,380
Dec 2005	0	2,668	54.94	13.42	$35,792
Nov 2005	0	3,231	54.69	10.59	$34,211
Oct 2005	0	3,532	58.34	13.80	$48,727
Sep 2005	0	3,915	61.45	12.08	$47,289
Aug 2005	0	3,884	61.51	9.80	$38,051
Jul 2005	0	4,214	55.69	7.84	$33,053
Jun 2005	0	4,930	52.33	7.38	$36,389
May 2005	0	6,820	45.22	6.65	$45,361
Apr 2005	0	2,392	49.20	7.36	$17,606
Mar 2005	0	5,240	50.37	7.15	$37,492
Feb 2005	0	4,767	45.22	6.31	$30,089
Jan 2005	0	5,086	43.16	6.32	$32,155
Dec 2004	0	11,300	39.86	6.75	$76,287
Nov 2004	0	13,907	45.28	6.33	$88,037
Oct 2004	0	19,444	49.70	6.52	$126,680
Sep 2004	3	18,802	43.24	5.28	$99,478
Aug 2004	0	19,872	42.37	5.55	$110,303
Jul 2004	0	21,550	38.28	6.08	$131,114
Jun 2004	0	23,163	36.10	6.43	$149,008
May 2004	2	24,921	37.48	6.49	$161,926
Apr 2004	0	28,479	34.47	5.86	$166,843
Mar 2004	4	33,525	34.36	5.53	$185,535
Feb 2004	3	37,923	32.45	5.51	$209,039
Jan 2004	0	43,506	32.03	6.30	$274,072
Dec 2003	0	63,704	30.26	6.30	$401,440
Nov 2003	10	126,550	28.80	4.60	$581,806

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.

Sep 2017 — as filed, then multipliedworked

Condensate             0 bbl  × $ 47.52 =         $0
Gas                  559 Mcf  × $  3.09 =     $1,726

────────────────────────────────────────────────────
Month total                                   $1,726

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/200525 is the state's own key, not one this site invented.