BISHOP

Operated by SQUARE MILE ENERGY, L.L.C. (P-5 810815) in the LA BELLE (MARGINULINA 8200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212156District 03Field 50638426CondensateGasSaveExport
Value, all time
$8.7 M
Sep 2005 – Aug 2009
Value, last 12 filed months
$120 k
at the published price for each month
Months reported
48
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1940-04-09
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: AOF-1 AND AOF-2 EFFECTIVE 02/01/2006.

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
CondensateDisposition4,205 bbl$273,563
GasProduction1,054,544 Mcf$8,473,699
Total$8,747,262

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 29.8054, -94.2229. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.80543, -94.22291 · 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
8,450 ft
1 wells filed one
Completion to plug
3.9 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 8,450 ft.

Completions filed
Sep 2005
1 of 1 wells
Plug dates filed
Aug 2009
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2453241318,450 ftSep 2005Aug 2009Yes

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 (48)

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

48 months

Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009043266.163.90$1,683
May 20090054.743.93$0
Apr 2009073646.773.59$2,640
Mar 200902,16942.144.06$8,804
Feb 20091655,82132.814.63$32,382
Jan 200904,33735.865.37$23,294
Dec 200803,38737.105.98$20,245
Nov 2008036155.496.86$2,477
Oct 20080075.246.92$0
Sep 200803,610101.767.88$28,436
Aug 2008017,267114.228.48$146,476
Jul 2008012,979131.0811.39$147,823
Jun 200817512,318131.3313.03$183,519
May 2008021,757123.1711.57$251,822
Apr 2008019,455110.3110.45$203,399
Mar 200816118,193101.909.66$192,224
Feb 2008014,66692.538.77$128,629
Jan 2008016,96490.388.21$139,202
Dec 20076614,35388.337.30$110,635
Nov 2007015,26791.677.29$111,322
Oct 200716619,23382.856.92$146,884
Sep 2007018,25675.846.24$113,993
Aug 2007018,06469.066.39$115,392
Jul 200716013,68670.906.39$98,769
Jun 2007017,73062.007.55$133,834
May 2007019,02558.747.85$149,275
Apr 200717526,16859.617.81$214,678
Mar 2007024,22556.927.30$176,890
Feb 200716825,05355.108.22$215,092
Jan 200718930,48250.306.73$214,555
Dec 2006031,92656.656.92$220,878
Nov 200619433,55754.207.62$266,135
Oct 200618336,78654.906.01$231,270
Sep 2006037,58760.085.04$189,333
Aug 200618941,33268.717.34$316,360
Jul 200619543,74169.376.34$290,966
Jun 200615645,33966.286.38$299,778
May 200637949,29666.016.42$341,745
Apr 200618750,65264.397.36$384,864
Mar 200616555,97056.707.08$405,787
Feb 200619153,25457.597.75$423,778
Jan 200638262,25560.598.93$579,289
Dec 200537159,45154.9413.42$817,942
Nov 200518842,27754.6910.59$457,928
Oct 2005014,04758.3413.80$193,789
Sep 200501,08061.4512.08$13,045

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 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.16 =         $0
Gas                  432 Mcf  × $  3.90 =     $1,683

────────────────────────────────────────────────────
Month total                                   $1,683

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/212156 is the state's own key, not one this site invented.