LAKE AUSTIN STATE

Operated by BEXCO OPERATING, INC. (P-5 68468) in the LAKE AUSTIN STATE (MIO. 15 SD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201098District 03Field 51392248CondensateGasSave
Value, all time
$19.5 M
Feb 2004 – Oct 2013
Value, last 12 filed months
$198 k
at the published price for each month
Months reported
117
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition1,605 bbl$116,909
GasProduction2,947,344 Mcf$19,369,109
Total$19,486,018

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 28.7744, -95.7953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.77439, -95.79533 · 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
7,450 ft
1 wells filed one
Completion to plug
9.7 years
median over 1 wells

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 7,450 ft.

Completions filed
Feb 2004
1 of 1 wells
Plug dates filed
Oct 2013
1 of 1 wells

Last completion to plug: a median of 9.7 years across the 1 well that filed both dates, with the middle half between 9.7 years and 9.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3213196217,450 ftFeb 2004Oct 2013Yes

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 (117)

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

117 months

Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013200104.253.52$2,085
Jul 2013520102.523.72$5,331
Jun 2013031994.403.93$1,255
May 2013192,95294.834.15$14,050
Apr 2013304,11893.964.28$20,455
Mar 2013186,72493.623.91$27,995
Feb 2013227,35891.233.42$27,171
Jan 2013339,02391.603.42$33,881
Dec 2012159,33286.773.42$33,218
Nov 2012128,80786.953.62$32,968
Oct 201299,40389.383.40$32,772
Sep 2012159,91394.672.92$30,350
Aug 2012710,51292.662.91$31,219
Jul 2012410,89785.133.02$33,258
Jun 201217111,81979.822.52$43,422
May 2012713,49991.612.49$34,231
Apr 2012113,701101.652.00$27,460
Mar 20121014,081105.052.22$32,340
Feb 2012913,772101.102.57$36,307
Jan 2012815,51598.092.73$43,204
Dec 2011515,68896.873.24$51,309
Nov 2011115,77295.723.31$52,321
Oct 2011117,08784.983.65$62,428
Sep 2011117,19783.623.99$68,627
Aug 2011117,76383.404.15$73,788
Jul 2011117,54694.144.52$79,354
Jun 20118716,63492.904.64$85,262
May 2011017,34298.134.40$76,388
Apr 2011016,295105.964.33$70,611
Mar 2011117,72896.364.06$72,025
Feb 201117916,01085.644.18$82,251
Jan 2011018,71686.504.59$85,884
Dec 2010018,51485.734.35$80,494
Nov 2010018,33380.843.80$69,580
Oct 2010017,97778.103.51$63,079
Sep 2010016,70872.633.98$66,489
Aug 2010019,00773.684.42$83,999
Jul 2010018,30272.554.74$86,687
Jun 2010017,73370.364.91$87,076
May 2010018,26371.124.24$77,348
Apr 2010018,28881.694.12$75,396
Mar 2010019,68878.394.39$86,404
Feb 2010017,20173.585.44$93,614
Jan 2010018,27974.365.96$109,018
Dec 200917117,77571.445.48$109,690
Nov 2009017,25374.593.75$64,725
Oct 2009018,37872.544.11$75,538
Sep 2009016,90865.543.06$51,819
Aug 2009016,57067.423.22$53,331
Jul 2009017,02261.133.46$58,973
Jun 2009017,42766.163.90$67,878
May 2009018,00654.743.93$70,687
Apr 2009017,79046.773.59$63,822
Mar 2009019,05942.144.06$77,360
Feb 2009016,64232.814.63$77,102
Jan 2009018,61935.865.37$100,003
Dec 2008019,09537.105.98$114,133
Nov 2008019,38255.496.86$132,968
Oct 2008020,74275.246.92$143,576
Sep 2008012,398101.767.88$97,660
Aug 2008021,923114.228.48$185,973
Jul 2008022,785131.0811.39$259,508
Jun 2008019,742131.3313.03$257,290
May 2008022,227123.1711.57$257,262
Apr 2008112,667110.3110.45$132,542
Mar 200833101.909.66$335
Feb 20080092.538.77$0
Jan 200803190.388.21$254
Dec 2007182,54188.337.30$20,144
Nov 200701,68491.677.29$12,279
Oct 200703,17982.856.92$22,005
Sep 2007107,00875.846.24$44,517
Aug 20072310,65869.066.39$69,671
Jul 2007913,45470.906.39$86,581
Jun 20073815,96462.007.55$122,859
May 20072818,40358.747.85$146,040
Apr 2007220,02959.617.81$156,450
Mar 2007024,52156.927.30$179,052
Feb 200717125,58855.108.22$219,653
Jan 2007038,60750.306.73$259,704
Dec 2006044,50756.656.92$307,919
Nov 2006046,44154.207.62$353,763
Oct 2006048,58854.906.01$292,199
Sep 2006049,37460.085.04$248,707
Aug 2006052,32068.717.34$384,025
Jul 2006052,54369.376.34$333,268
Jun 2006051,33366.286.38$327,704
May 20069051,23566.016.42$335,126
Apr 2006052,39264.397.36$385,630
Mar 2006054,09656.707.08$383,158
Feb 2006048,97557.597.75$379,611
Jan 2006055,86160.598.93$499,024
Dec 2005257,22654.9413.42$767,820
Nov 2005057,15654.6910.59$605,191
Oct 2005052,65958.3413.80$726,471
Sep 2005041,25461.4512.08$498,307
Aug 2005054,96061.519.80$538,434
Jul 20058455,02755.697.84$436,290
Jun 2005051,55952.337.38$380,559
May 2005053,56745.226.65$356,283
Apr 2005052,32749.207.36$385,152
Mar 2005053,37650.377.15$381,899
Feb 200510649,45245.226.31$316,930
Jan 2005055,62643.166.32$351,679
Dec 2004055,20339.866.75$372,680
Nov 2004053,90145.286.33$341,216
Oct 2004056,00249.706.52$364,859
Sep 200411054,12343.245.28$290,737
Aug 2004055,97342.375.55$310,687
Jul 2004055,82838.286.08$339,668
Jun 2004053,73436.106.43$345,672
May 2004055,58537.486.49$361,001
Apr 2004053,67834.475.86$314,470
Mar 2004046,85534.365.53$259,115
Feb 200406,71232.455.51$36,981

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.

Aug 2013 — as filed, then multipliedworked
Condensate            20 bbl  × $104.25 =     $2,085
Gas                    0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                   $2,085

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/201098 is the state's own key, not one this site invented.