BASTIAN, OTTO G. U. #1

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the NEW ULM (EDWARDS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 95122District 03Field 65248010Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$558 k
Jan 1993 – Sep 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
no gaps in the span
Streams
1
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 11 leases and 11 wells, and the rule below applies to all of them.

Discovered
1979-06-27
as the register files it
Field class
Gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1992-05-04.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 11-1-93

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
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
GasProduction330,178 Mcf$558,272
Total$558,272

155,267 Mcf of this lease's gas, across 45 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.8659, -96.4513. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.86587, -96.45129 · 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
16,171 ft
1 wells filed one
Completion to plug
11.5 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 16,171 ft.

Completions filed
Mar 1994
1 of 1 wells
Plug dates filed
Sep 2005
1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-01530469116,171 ftMar 1994Sep 2005Yes

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 (153)

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

153 months

Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 2005052.337.38$0
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 200353128.565.98$3,177
May 200363726.595.97$3,805
Apr 200321126.675.41$1,141
Mar 200354531.146.10$3,322
Feb 200330833.487.93$2,441
Jan 200342530.315.58$2,372
Dec 200297826.914.85$4,747
Nov 20021,31824.664.14$5,453
Oct 20021,15226.464.23$4,872
Sep 200274027.443.64$2,690
Aug 20021,72125.963.16$5,446
Jul 200217024.583.06$521
Jun 200232223.733.34$1,075
May 200236424.663.58$1,305
Apr 200277323.653.51$2,715
Mar 200239522.003.10$1,226
Feb 200238518.222.38$915
Jan 200253517.172.38$1,271
Dec 20011,31216.932.36$3,102
Nov 20011,84618.072.41$4,441
Oct 20011,69119.782.53$4,276
Sep 20011,97724.262.25$4,451
Aug 20012,06424.873.05$6,302
Jul 20012,27423.933.20$7,270
Jun 20011,69224.563.82$6,470
May 20011,64225.524.31$7,073
Apr 20011,99224.685.34$10,628
Mar 20013,21424.545.38$17,280
Feb 20012,00127.755.77$11,540
Jan 20013,37227.478.40$28,321
Dec 20002,75126.889.12$25,096
Nov 20003,50432.215.66$19,826
Oct 20002,81831.235.15$14,500
Sep 20003,21731.875.19$16,685
Aug 20003,87729.644.54$17,604
Jul 20004,53728.534.09$18,555
Jun 20003,05229.304.40$13,420
May 20002,99527.263.68$11,021
Apr 20002,46724.513.12$7,687
Mar 20003,58728.422.86$10,258
Feb 20001,30727.622.73$3,564
Jan 200093225.272.48$2,312
Dec 19993,65724.282.42$8,864
Nov 19993,65023.192.43$8,884
Oct 199975920.982.80$2,128
Sep 19992,68521.752.62$7,032
Aug 19992,91919.262.88$8,394
Jul 19992,88417.892.37$6,842
Jun 19992,63215.942.36$6,217
May 19993,28615.792.32$7,627
Apr 19994,53715.102.21$10,018
Mar 19993,87012.471.84$7,114
Feb 19994,4619.981.82$8,109
Jan 19994,57110.381.90$8,685
Dec 19983,4759.201.77$6,162
Nov 19982,71910.892.19$5,943
Oct 19982,85312.421.97$5,618
Sep 19983,44612.592.08$7,177
Aug 19983,08011.301.91$5,875
Jul 19983,11911.742.24$6,978
Jun 19982,81211.242.24$6,291
May 19982,93612.622.21$6,478
Apr 19981,12313.042.51$2,813
Mar 19982,15312.802.31$4,972
Feb 19982,34213.952.30$5,385
Jan 19983,36814.702.15$7,257
Dec 19973,41816.322.41$8,241
Nov 19972,65418.193.09$8,196
Oct 19973,07019.253.15$9,670
Sep 19973,13017.742.95$9,249
Aug 19972,89217.862.55$7,388
Jul 19972,14917.582.25$4,829
Jun 19971,74117.242.26$3,930
May 19971,93618.972.31$4,469
Apr 19971,93117.882.08$4,022
Mar 19972,49118.951.94$4,830
Feb 19972,71920.492.21$5,998
Jan 19971,81223.483.54$6,414
Dec 19962,33623.32$0
Nov 19961,74921.97$0
Oct 19962,68023.31$0
Sep 19963,49122.22$0
Aug 19963,84920.26$0
Jul 19964,70519.55$0
Jun 19963,18518.73$0
May 19963,55419.43$0
Apr 19962,64121.51$0
Mar 19961,04219.38$0
Feb 19961,42416.98$0
Jan 19963,16517.07$0
Dec 19953,07417.19$0
Nov 199530216.00$0
Oct 19951,31115.43$0
Sep 199524116.18$0
Aug 199546015.92$0
Jul 199531115.24$0
Jun 199574016.41$0
May 199553117.56$0
Apr 19951,45017.73$0
Mar 199594316.44$0
Feb 199539216.58$0
Jan 19952,17315.92$0
Dec 1994015.03$0
Nov 199446015.90$0
Oct 19943,01915.58$0
Sep 19944,31715.29$0
Aug 19946,21516.13$0
Jul 19946,24117.56$0
Jun 19945,46817.09$0
May 19946,31615.88$0
Apr 19945,47514.14$0
Mar 199412,24112.46$0
Feb 19942,05412.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 19933,26714.49$0
Oct 19935,21815.85$0
Sep 19935,41615.03$0
Aug 19934,11715.66$0
Jul 19935,22215.46$0
Jun 19935,30616.79$0
May 19935,87517.68$0
Apr 19936,08718.05$0
Mar 19935,83918.14$0
Feb 19935,45717.90$0
Jan 19935,90816.93$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.

Jun 2003 — as filed, then multipliedworked
Gas                  531 Mcf  × $  5.98 =     $3,177

────────────────────────────────────────────────────
Month total                                   $3,177

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/95122 is the state's own key, not one this site invented.