HOUDMANN

Operated by BEXCO OPERATING, INC. (P-5 68468) in the GEORGE WEST, W. (QUEEN CITY,LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 205529District 02Field 34501180CondensateGasSaveExport
Value, all time
$8.3 M
Jun 2004 – Aug 2008
Value, last 12 filed months
$327 k
at the published price for each month
Months reported
51
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1961-05-21
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 04/01/2005.

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
CondensateDisposition12,262 bbl$619,339
GasProduction1,040,758 Mcf$7,713,084
Total$8,332,423

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 28.3101, -98.1776. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31010, -98.17761 · 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
6,580 ft
1 wells filed one
Completion to plug
4.2 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 6,580 ft.

Completions filed
Jun 2004
1 of 1 wells
Plug dates filed
Aug 2008
1 of 1 wells

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2973455616,580 ftJun 2004Aug 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 (51)

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

51 months

Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 20081520131.3313.03$19,962
May 2008174140123.1711.57$23,052
Apr 200803,616110.3110.45$37,805
Mar 200803,275101.909.66$31,650
Feb 200805,17392.538.77$45,370
Jan 200807,24590.388.21$59,451
Dec 20071811,34988.337.30$25,838
Nov 200703191.677.29$226
Oct 200705,18782.856.92$35,904
Sep 200707,68075.846.24$47,955
Aug 200708,40269.066.39$53,671
Jul 200708,59570.906.39$54,904
Jun 2007043862.007.55$3,306
May 2007044158.747.85$3,460
Apr 2007049559.617.81$3,864
Mar 200718937556.927.30$13,496
Feb 20071453,85355.108.22$39,646
Jan 200707,21950.306.73$48,561
Dec 20061787,25056.656.92$60,242
Nov 20061558,19254.207.62$70,803
Oct 200609,74954.906.01$58,629
Sep 200618310,51960.085.04$63,981
Aug 200617612,58168.717.34$104,436
Jul 2006013,59969.376.34$86,255
Jun 200617616,91266.286.38$119,629
May 200617812,86266.016.42$94,388
Apr 2006014,84064.397.36$109,230
Mar 200617716,32156.707.08$125,636
Feb 200617714,99757.597.75$126,437
Jan 200617119,37560.598.93$183,444
Dec 200517520,74554.9413.42$287,917
Nov 200517926,06854.6910.59$285,808
Oct 200533831,10958.3413.80$448,891
Sep 200516543,24061.4512.08$532,435
Aug 200517431,97661.519.80$323,967
Jul 200534641,90055.697.84$347,917
Jun 200535137,38752.337.38$294,323
May 200517643,09045.226.65$294,557
Apr 200535142,33049.207.36$328,838
Mar 200535645,30850.377.15$342,105
Feb 200535937,52745.226.31$253,101
Jan 200553245,03843.166.32$307,700
Dec 200472247,08139.866.75$346,627
Nov 200471649,72445.286.33$347,194
Oct 200471757,34149.706.52$409,217
Sep 20041,05961,10243.245.28$368,648
Aug 20041,41370,16942.375.55$449,353
Jul 20041,40170,41738.286.08$482,060
Jun 200432018,49536.106.43$130,531

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.

Jun 2008 — as filed, then multipliedworked
Condensate           152 bbl  × $131.33 =    $19,962
Gas                    0 Mcf  × $ 13.03 =         $0

────────────────────────────────────────────────────
Month total                                  $19,962

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/205529 is the state's own key, not one this site invented.