BAER RANCH

Operated by PEOPLES ENERGY PROD.-TX, L.P. (P-5 653000) in the BAER RANCH (TEX-MISS #3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 182293District 03Field 049376002 tax incentive programmesCondensateGasSaveExport
Value, all time
$16.6 M
Dec 2000 – Jul 2007
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
80
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
1965-09-20
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: FIELDS CONSOLIDATED INTO THE BAER RANCH (TEX-MISS CONS) FIELD.

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 Gas112001-09-13144321
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
CondensateDisposition23,535 bbl$611,528
GasProduction4,544,877 Mcf$16,036,808
Total$16,648,336

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 28.7462, -95.8400. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.74620, -95.84001 · 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
16,700 ft
1 wells filed one
Completion to plug
5.8 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 16,700 ft.

Completions filed
Mar 2007
1 of 1 wells
Plug dates filed
Dec 2012
1 of 1 wells

Last completion to plug: a median of 5.8 years across the 1 well that filed both dates, with the middle half between 5.8 years and 5.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32131837116,700 ftMar 2007Dec 2012Yes

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 (80)

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

80 months

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 200727050.306.73$1,358
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 2005179055.697.84$9,969
Jun 20050052.337.38$0
May 200518732,57345.226.65$225,104
Apr 200557170,66549.207.36$548,222
Mar 200573781,77750.377.15$622,227
Feb 200554874,93845.226.31$497,783
Jan 200555380,82843.166.32$534,878
Dec 200454978,95339.866.75$554,901
Nov 2004015,00345.286.33$94,975
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 2004022434.475.86$1,312
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
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 200311721,08431.146.10$132,172
Feb 200344977,35933.487.93$628,171
Jan 200357789,60530.315.58$517,668
Dec 2002371101,26526.914.85$501,500
Nov 2002739105,65824.664.14$455,327
Oct 2002490120,07926.464.23$520,794
Sep 2002625127,33627.443.64$480,042
Aug 2002706148,53525.963.16$488,316
Jul 2002559116,08024.583.06$369,149
Jun 2002970167,91723.733.34$583,565
May 2002780192,31724.663.58$708,499
Apr 2002658202,44123.653.51$726,599
Mar 20021,361234,66822.003.10$758,051
Feb 2002906228,29018.222.38$558,851
Jan 20021,686277,07517.172.38$687,190
Dec 20011,634306,99816.932.36$753,530
Nov 20011,294261,63818.072.41$652,758
Oct 20011,638307,17619.782.53$809,211
Sep 20011,305276,65424.262.25$654,496
Aug 20011,348304,93724.873.05$964,546
Jul 20011,282273,18423.933.20$904,069
Jun 2001689129,21224.563.82$511,049
May 2001036,00825.524.31$155,098
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 200104,40027.478.40$36,955
Dec 20000026.889.12$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 2007 — as filed, then multipliedworked
Condensate            27 bbl  × $ 50.30 =     $1,358
Gas                    0 Mcf  × $  6.73 =         $0

────────────────────────────────────────────────────
Month total                                   $1,358

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. 03/G/182293 is the state's own key, not one this site invented.