BP FEE

Operated by NECHES TRANSPORT INC. (P-5 601854) in the JAZZ (WILCOX DEEP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234297District 03Field 459954702 tax incentive programmesCondensateGasSaveExport
Value, all time
$53.1 M
Oct 2007 – May 2026
Value, last 12 filed months
$509
at the published price for each month
Months reported
224
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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
2006-05-16
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-05-06.

The Commission's schedule remark for this field reads: LATERAL RULES.

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 Gas112008-08-18184654
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
CondensateDisposition215,149 bbl$17,672,857
GasProduction6,448,766 Mcf$35,409,772
Total$53,082,628

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 30.5616, -94.5947. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56162, -94.59467 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,500 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 12,500 ft.

Completions filed
Oct 2007
1 of 1 wells

1 well

42-37331097312,500 ftOct 2007

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 (224)

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

224 months

May 2026012106.413.05$37
Apr 202601398.932.87$37
Mar 202601089.753.15$31
Feb 202601063.503.75$38
Jan 202601059.138.00$80
Dec 202501056.664.41$44
Nov 202501058.593.93$39
Oct 202501259.383.30$40
Sep 202501562.743.08$46
Aug 202501263.933.01$36
Jul 202501566.743.32$50
Jun 202501066.483.13$31
May 202501060.553.23$32
Apr 202501062.363.54$35
Mar 202501067.704.27$43
Feb 202501070.884.34$43
Jan 202501074.324.28$43
Dec 202401068.993.12$31
Nov 202401069.052.20$22
Oct 202401071.372.28$23
Sep 202401069.612.36$24
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202405080.301.55$77
Feb 202405076.091.78$89
Jan 202405073.023.30$165
Dec 202305071.262.61$131
Nov 202305177.892.81$143
Oct 202305585.443.09$170
Sep 202305189.042.74$139
Aug 202305480.522.67$144
Jul 202305574.852.64$145
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202352078.122.24$4,062
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021030671.323.90$1,193
Nov 2021026777.435.24$1,398
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020030236.972.48$748
Sep 2020013037.091.99$259
Aug 2020084539.982.39$2,015
Jul 2020070338.371.83$1,283
Jun 2020058434.901.69$987
May 2020064916.921.81$1,178
Apr 2020084714.751.80$1,528
Mar 2020079130.341.86$1,468
Feb 2020058149.881.98$1,151
Jan 202001,00557.252.09$2,105
Dec 2019070759.012.30$1,629
Nov 2019090955.302.75$2,500
Oct 2019091553.472.42$2,213
Sep 2019088655.052.66$2,354
Aug 2019072053.112.30$1,659
Jul 2019078956.272.46$1,941
Jun 2019079952.782.49$1,990
May 2019092558.482.74$2,535
Apr 201901,14062.632.75$3,136
Mar 2019098856.803.06$3,025
Feb 2019085450.852.79$2,385
Jan 201901,48946.033.23$4,807
Dec 20181891,25246.594.19$14,046
Nov 201801,04152.934.24$4,411
Oct 201801,20261.443.40$4,084
Sep 201801,13159.543.11$3,515
Aug 201801,39459.403.07$4,275
Jul 2018093965.142.93$2,753
Jun 201801,51760.183.08$4,668
May 201801,46465.382.90$4,247
Apr 201801,51063.842.90$4,380
Mar 201801,50261.222.79$4,186
Feb 201801,23861.782.77$3,424
Jan 201801,37462.874.01$5,509
Dec 201701,17457.272.92$3,430
Nov 201701,59855.423.12$4,983
Oct 201701,19949.292.98$3,577
Sep 201701,66847.523.09$5,150
Aug 201701,53145.373.00$4,600
Jul 201701,75143.873.09$5,406
Jun 2017068942.493.09$2,127
May 2017086345.373.26$2,816
Apr 201701,11447.933.21$3,578
Mar 201701,14346.772.98$3,410
Feb 201701,32550.452.95$3,912
Jan 201701,18949.413.42$4,065
Dec 201612,29048.763.72$8,574
Nov 201601,65042.492.64$4,363
Oct 201601,63046.193.09$5,037
Sep 201601,87541.553.10$5,814
Aug 201602,21441.442.92$6,474
Jul 20161934,73941.622.92$21,891
Jun 201602,95145.352.69$7,926
May 201604,59042.521.99$9,139
Apr 20161153,52436.561.99$11,221
Mar 20161904,74733.011.79$14,788
Feb 201602,47926.472.06$5,116
Jan 20161861,55327.352.36$8,759
Dec 201503,57632.362.00$7,157
Nov 20152003,49338.792.17$15,328
Oct 201505,09943.552.43$12,373
Sep 20151906,05742.992.76$24,876
Aug 201505,23140.162.87$15,026
Jul 201502,50748.152.95$7,383
Jun 2015951,93456.152.88$10,910
May 20151893,36255.212.96$20,371
Apr 20151906,67849.822.71$27,540
Mar 201506,96842.892.93$20,449
Feb 20153807,67344.662.98$39,807
Jan 201507,32643.433.10$22,715
Dec 201401,91954.693.59$6,892
Nov 20142044,07870.464.25$31,713
Oct 20141879,77278.303.90$52,762
Sep 201403,79586.164.05$15,352
Aug 201424011,57089.394.04$68,140
Jul 20143727,84796.564.18$68,718
Jun 20141899,50198.164.74$63,557
May 201419012,46894.734.73$76,929
Apr 201457712,46295.944.81$115,289
Mar 201419313,63495.895.06$87,451
Feb 201441812,64297.406.19$118,992
Jan 201419712,86090.404.86$80,318
Dec 201338514,40591.824.35$98,077
Nov 201338412,68188.853.74$81,524
Oct 201338215,13897.423.78$94,426
Sep 201338015,478104.113.72$97,105
Aug 201351017,581104.253.52$115,099
Jul 201372217,407102.523.72$138,734
Jun 201326118,86994.403.93$98,858
May 201383521,42994.834.15$168,094
Apr 201354420,19293.964.28$137,588
Mar 201340124,25893.623.91$132,460
Feb 201365622,82591.233.42$137,906
Jan 201359921,61191.603.42$128,776
Dec 201250623,86686.773.42$125,531
Nov 201269827,63386.953.62$160,860
Oct 201251326,89789.383.40$137,293
Sep 201258524,76094.672.92$127,642
Aug 201257928,27292.662.91$135,870
Jul 201279231,47585.133.02$162,503
Jun 201278830,41279.822.52$139,507
May 201277836,79291.612.49$162,823
Apr 201281038,963101.652.00$160,138
Mar 20121,01843,957105.052.22$204,617
Feb 201299534,157101.102.57$188,386
Jan 20121,15346,04998.092.73$238,999
Dec 20111,06049,61996.873.24$263,435
Nov 20111,12553,04795.723.31$283,338
Oct 20111,36658,97784.983.65$331,263
Sep 201178255,31283.623.99$285,853
Aug 20111,22363,91083.404.15$367,181
Jul 20111,34571,61894.144.52$450,134
Jun 20111,13675,91992.904.64$457,789
May 20111,32776,16998.134.40$465,729
Apr 20111,24164,737105.964.33$412,020
Mar 20111,95272,65996.364.06$482,897
Feb 20111,65967,58185.644.18$424,564
Jan 20111,73277,91986.504.59$507,371
Dec 20101,54278,16085.734.35$472,016
Nov 20102,01893,05780.843.80$516,317
Oct 20102,55398,81878.103.51$546,131
Sep 20101,976100,58972.633.98$543,808
Aug 20102,394106,60773.684.42$647,525
Jul 20101,42455,31672.554.74$365,315
Jun 20101,69565,55570.364.91$441,161
May 20101,89497,01271.124.24$545,568
Apr 20102,965118,07681.694.12$729,002
Mar 20103,412127,32278.394.39$826,241
Feb 20103,213110,76373.585.44$839,225
Jan 20102,663110,44174.365.96$856,701
Dec 20093,442113,20071.445.48$866,657
Nov 20093,329120,71474.593.75$701,169
Oct 20093,760123,00972.544.11$778,348
Sep 20093,958125,50965.543.06$644,061
Aug 20094,497143,84967.423.22$766,166
Jul 20094,222121,63061.133.46$679,478
Jun 20094,703147,42666.163.90$885,375
May 20095,756162,62054.743.93$953,489
Apr 20095,748155,93246.773.59$828,240
Mar 20095,133142,94642.144.06$796,522
Feb 20095,605140,03132.814.63$832,664
Jan 20095,627151,13235.865.37$1,013,514
Dec 20086,242162,00637.105.98$1,199,911
Nov 20086,560152,91055.496.86$1,413,032
Oct 20087,259154,17575.246.92$1,613,363
Sep 20084,964118,913101.767.88$1,441,825
Aug 20087,304169,829114.228.48$2,274,926
Jul 20088,354178,679131.0811.39$3,130,094
Jun 20088,789184,437131.3313.03$3,557,959
May 20085,549112,448123.1711.57$1,984,976
Apr 20085,514103,599110.3110.45$1,691,362
Mar 20085,783111,617101.909.66$1,667,962
Feb 20084,47371,43892.538.77$1,040,439
Jan 20085,828114,90390.388.21$1,469,598
Dec 20077,137121,66688.337.30$1,518,813
Nov 20076,525128,31891.677.29$1,533,803
Oct 20075,18095,21282.856.92$1,088,219

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/234297 is the state's own key, not one this site invented.