BPA 740

Operated by NECHES TRANSPORT INC. (P-5 601854) in the TIMBER LAKE (WILCOX 9900 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 278822District 03Field 90050500CondensateGasSaveExport
Value, all time
$5.5 M
Jun 2013 – May 2026
Value, last 12 filed months
$667
at the published price for each month
Months reported
156
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
2010-09-22
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 07/01/2015.

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
CondensateDisposition17,997 bbl$1,359,935
GasProduction1,106,531 Mcf$4,151,313
Total$5,511,248

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 30.5817, -94.2627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.58170, -94.26274 · 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
10,000 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 10,000 ft.

Completions filed
Jun 2013
1 of 1 wells

1 well

42-45730832310,000 ftJun 2013

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 (156)

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

156 months

May 2026012106.413.05$37
Apr 202601698.932.87$46
Mar 202601089.753.15$31
Feb 202601063.503.75$38
Jan 202601059.138.00$80
Dec 202501056.664.41$44
Nov 202503858.593.93$149
Oct 202502359.383.30$76
Sep 202501862.743.08$55
Aug 202501063.933.01$30
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 202401075.632.06$21
Jul 202401079.932.15$21
Jun 202401078.082.63$26
May 202401078.812.20$22
Apr 202401084.451.66$17
Mar 202401080.301.55$15
Feb 202401076.091.78$18
Jan 202401073.023.30$33
Dec 202301071.262.61$26
Nov 202301077.892.81$28
Oct 202301085.443.09$31
Sep 202301089.042.74$27
Aug 202301080.522.67$27
Jul 202301074.852.64$26
Jun 202301068.962.26$23
May 202301070.622.23$22
Apr 202301078.122.24$22
Mar 202301072.852.39$24
Feb 202301075.112.47$25
Jan 2023821076.533.39$6,309
Dec 202201076.415.73$57
Nov 2022351085.005.65$3,031
Oct 202201087.185.86$59
Sep 202201084.888.16$82
Aug 202201094.529.13$91
Jul 2022010101.587.54$75
Jun 2022010115.097.98$80
May 2022010109.378.43$84
Apr 202210310104.226.84$10,803
Mar 2022010108.885.08$51
Feb 20221001091.054.86$9,154
Jan 202201081.844.54$45
Dec 2021401071.323.90$2,892
Nov 20211001077.435.24$7,795
Oct 2021101079.795.71$855
Sep 202101069.865.35$54
Aug 2021401066.024.22$2,683
Jul 202101070.783.98$40
Jun 2021301069.493.38$2,119
May 2021501063.483.02$3,204
Apr 2021201060.362.76$1,235
Mar 2021401061.302.72$2,479
Feb 2021201057.805.55$1,211
Jan 2021201050.412.81$1,036
Dec 202001044.642.68$27
Nov 2020201038.772.71$802
Oct 2020201036.972.48$764
Sep 2020201037.091.99$762
Aug 2020401039.982.39$1,623
Jul 2020181038.371.83$709
Jun 2020881034.901.69$3,088
May 202001016.921.81$18
Apr 202001014.751.80$18
Mar 202001030.341.86$19
Feb 202001049.881.98$20
Jan 202001057.252.09$21
Dec 201901059.012.30$23
Nov 201901055.302.75$28
Oct 201901053.472.42$24
Sep 201901055.052.66$27
Aug 201901053.112.30$23
Jul 201901056.272.46$25
Jun 201901052.782.49$25
May 201901058.482.74$27
Apr 201901062.632.75$28
Mar 201901056.803.06$31
Feb 20190350.852.79$8
Jan 20190346.033.23$10
Dec 20180246.594.19$8
Nov 20180352.934.24$13
Oct 20180361.443.40$10
Sep 20180359.543.11$9
Aug 20180359.403.07$9
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 201802165.382.90$61
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201802062.874.01$80
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170849.292.98$24
Sep 201707447.523.09$228
Aug 201704345.373.00$129
Jul 2017021543.873.09$664
Jun 20170642.493.09$19
May 2017013745.373.26$447
Apr 2017036647.933.21$1,175
Mar 2017012646.772.98$376
Feb 2017029750.452.95$877
Jan 2017018149.413.42$619
Dec 2016026448.763.72$983
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016074641.553.10$2,313
Aug 2016021541.442.92$629
Jul 20161817,55141.622.92$29,615
Jun 201618713,00845.352.69$43,418
May 201619713,74142.521.99$35,735
Apr 201619815,01736.561.99$37,138
Mar 201620015,92333.011.79$35,168
Feb 201620016,23926.472.06$38,805
Jan 201616112,73127.352.36$34,504
Dec 201520916,11232.362.00$39,010
Nov 201544821,56938.792.17$64,125
Oct 201529022,90543.552.43$68,210
Sep 201543819,81642.992.76$73,490
Aug 201530520,62040.162.87$71,480
Jul 201545022,46548.152.95$87,829
Jun 201531016,66256.152.88$65,441
May 201528325,12955.212.96$89,892
Apr 201540527,27249.822.71$93,991
Mar 20157911,20142.892.93$36,260
Feb 201543625,90344.662.98$96,564
Jan 201555733,97343.433.10$129,528
Dec 201456243,48054.693.59$186,888
Nov 201467348,00270.464.25$251,516
Oct 201458254,46878.303.90$258,048
Sep 201458848,50286.164.05$246,874
Aug 201452949,79689.394.04$248,220
Jul 201429033,70096.564.18$168,855
Jun 201447349,98898.164.74$283,217
May 201454253,82694.734.73$305,755
Apr 201450351,02895.944.81$293,658
Mar 201466339,54895.895.06$263,561
Feb 201475738,24497.406.19$310,539
Jan 201450531,27090.404.86$197,647
Dec 201366224,79491.824.35$168,750
Nov 201364435,59488.853.74$190,280
Oct 201393140,29397.423.78$242,980
Sep 201387540,842104.113.72$242,936
Aug 20131,16836,625104.253.52$250,780
Jul 20132038,465102.523.72$52,282
Jun 201341716,55894.403.93$104,494

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/278822 is the state's own key, not one this site invented.