BORN A

Operated by BHP BILLITON PET(TXLA OP) CO (P-5 68596) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 260391District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Oct 2010 – Oct 2017
Value, last 12 filed months
$51
at the published price for each month
Months reported
85
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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 80 acres. The field rule took effect on 2017-10-10.

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: GAS WELLS

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 Gas222011-10-10 – 2012-07-312 dockets
NGPA2none

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
CondensateDisposition2,385 bbl$225,306
GasProduction672,765 Mcf$2,524,544
Total$2,749,850

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 28.6334, -98.0253. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.63339, -98.02531 · 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
13,397 ft
1 wells filed one
Completion to plug
6.8 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 13,397 ft.

Completions filed
Dec 2010
1 of 1 wells
Plug dates filed
Oct 2017
1 of 1 wells

Last completion to plug: a median of 6.8 years across the 1 well that filed both dates, with the middle half between 6.8 years and 6.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-025337411H13,397 ftDec 2010Oct 2017Yes

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 (85)

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

85 months

Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20171147.933.21$51
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016076733.011.79$1,376
Feb 20160226.472.06$4
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201407890.404.86$379
Dec 201301,47691.824.35$6,427
Nov 2013088388.853.74$3,301
Oct 2013053697.423.78$2,026
Sep 201300104.113.72$0
Aug 201303,276104.253.52$11,540
Jul 2013119,404102.523.72$36,089
Jun 201357,12194.403.93$28,482
May 20131738,71094.834.15$52,544
Apr 2013179,24493.964.28$41,186
Mar 2013129,15593.623.91$36,946
Feb 201367,92391.233.42$27,643
Jan 20135514,09791.603.42$53,248
Dec 2012810,56086.773.42$36,811
Nov 20121903,89086.953.62$30,622
Oct 2012189,03189.383.40$32,311
Sep 20121712,58594.672.92$38,337
Aug 20121712,94892.662.91$39,230
Jul 20121713,58785.133.02$42,491
Jun 2012014,04579.822.52$35,380
May 20123515,57691.612.49$41,964
Apr 20121815,982101.652.00$33,743
Mar 201222619,443105.052.22$66,945
Feb 20123621,791101.102.57$59,648
Jan 20125616,24498.092.73$49,905
Dec 20113618,49596.873.24$63,406
Nov 201124121,32695.723.31$93,685
Oct 20112030,85984.983.65$114,290
Sep 20113627,02383.623.99$110,719
Aug 2011037,36583.404.15$155,039
Jul 201119835,09194.144.52$177,154
Jun 2011037,77392.904.64$175,262
May 201159142,05198.134.40$243,222
Apr 2011044,307105.964.33$191,995
Mar 2011057,59296.364.06$233,670
Feb 201118855,16285.644.18$246,676
Jan 201115714,68586.504.59$80,967
Dec 2010012,68185.734.35$55,134
Nov 20100080.843.80$0
Oct 20100078.103.51$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.

Apr 2017 — as filed, then multipliedworked
Condensate             1 bbl  × $ 47.93 =        $48
Gas                    1 Mcf  × $  3.21 =         $3

────────────────────────────────────────────────────
Month total                                      $51

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/260391 is the state's own key, not one this site invented.