BMB INVESTMENTS A-114

Operated by HUNT OIL COMPANY (P-5 416330) in the THE RAPTURE (DELTA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 220057District 02Field 892490802 tax incentive programmesGasSaveExport
Value, all time
$2.4 M
Dec 2005 – Oct 2010
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
59
no gaps in the span
Streams
1
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
2004-10-18
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 12/01/2006.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-06-18178671
NGPA1none

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.

StreamBasisVolumeValue
GasProduction299,181 Mcf$2,361,293
Total$2,361,293

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 29.1662, -96.8323. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.16622, -96.83225 · 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
18,050 ft
1 wells filed one
Completion to plug
4.8 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 18,050 ft.

Completions filed
Dec 2005
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28533175118,050 ftDec 2005Oct 2010Yes

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 (59)

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

59 months

Oct 20105278.103.51$182
Sep 201092072.633.98$3,661
Aug 201093073.684.42$4,110
Jul 201061772.554.74$2,922
Jun 201055970.364.91$2,745
May 201077371.124.24$3,274
Apr 201057481.694.12$2,366
Mar 201098678.394.39$4,327
Feb 201081273.585.44$4,419
Jan 201040574.365.96$2,415
Dec 200979071.445.48$4,332
Nov 200969674.593.75$2,611
Oct 200954572.544.11$2,240
Sep 200941365.543.06$1,266
Aug 200950267.423.22$1,616
Jul 200944161.133.46$1,528
Jun 200968166.163.90$2,653
May 200964054.743.93$2,512
Apr 200974046.773.59$2,655
Mar 200932942.144.06$1,335
Feb 20093632.814.63$167
Jan 200942135.865.37$2,261
Dec 200840537.105.98$2,421
Nov 200874355.496.86$5,097
Oct 200813575.246.92$934
Sep 2008604101.767.88$4,758
Aug 20081,456114.228.48$12,351
Jul 20081,557131.0811.39$17,733
Jun 20081,549131.3313.03$20,188
May 20081,572123.1711.57$18,195
Apr 20081,731110.3110.45$18,097
Mar 20081,776101.909.66$17,163
Feb 20082,04392.538.77$17,918
Jan 20081,34990.388.21$11,070
Dec 20072,32988.337.30$17,006
Nov 20072,59591.677.29$18,922
Oct 20071,60582.856.92$11,110
Sep 20072,39975.846.24$14,980
Aug 20072,85069.066.39$18,206
Jul 20073,10870.906.39$19,854
Jun 20071,89162.007.55$14,274
May 20072,23658.747.85$17,544
Apr 20072,99259.617.81$23,353
Mar 20073,68256.927.30$26,886
Feb 20073,30055.108.22$27,113
Jan 20072,58050.306.73$17,355
Dec 20063,57856.656.92$24,754
Nov 20063,50854.207.62$26,722
Oct 20063,91754.906.01$23,556
Sep 20064,34660.085.04$21,892
Aug 20065,42768.717.34$39,834
Jul 20066,25569.376.34$39,674
Jun 20066,89366.286.38$44,004
May 200610,76666.016.42$69,172
Apr 200617,02664.397.36$125,320
Mar 200630,88256.707.08$218,735
Feb 200633,76057.597.75$261,678
Jan 2006108,09160.598.93$965,611
Dec 20055,38354.9413.42$72,215

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.

Oct 2010 — as filed, then multipliedworked
Gas                   52 Mcf  × $  3.51 =       $182

────────────────────────────────────────────────────
Month total                                     $182

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/220057 is the state's own key, not one this site invented.