BAUER, R.A. UNIT

Operated by BELLWETHER EXPLORATION COMPANY (P-5 63865) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 97565District 03Field 34773550NGPA filingCondensateGasSaveExport
Value, all time
$234 k
Jan 1993 – Sep 1996
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
45
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
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
CondensateDisposition14,441 bbl$234,466
GasProduction143,452 Mcf$0
Total$234,466

143,452 Mcf of this lease's gas, across 28 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 29.9998, -96.7842. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
11,716 ft
1 wells filed one
Completion to plug
14.4 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 11,716 ft.

Completions filed
Nov 1981
1 of 1 wells
Plug dates filed
Apr 1996
1 of 1 wells

Last completion to plug: a median of 14.4 years across the 1 well that filed both dates, with the middle half between 14.4 years and 14.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14931223211,716 ftNov 1981Apr 1996Yes

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 (45)

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

45 months

Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996135018.73$2,529
May 19960019.43$0
Apr 19962021.51$43
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950816.41$0
May 19954017.56$70
Apr 19951867517.73$3,298
Mar 1995080116.44$0
Feb 1995034616.58$0
Jan 19951782,71015.92$2,834
Dec 1994011115.03$0
Nov 199414015.90$223
Oct 19940715.58$0
Sep 1994070615.29$0
Aug 19941582,01416.13$2,549
Jul 19941,0785,99417.56$18,930
Jun 19943,96313,92817.09$67,728
May 19943,60010,59415.88$57,168
Apr 19943715,73214.14$5,246
Mar 19943706,54512.46$4,610
Feb 19941875,79012.50$2,338
Jan 19941906,09112.66$2,405
Dec 19935686,62812.33$7,003
Nov 19931925,74414.49$2,782
Oct 19933846,22815.85$6,086
Sep 19931875,77115.03$2,811
Aug 19933766,76015.66$5,888
Jul 19931816,67515.46$2,798
Jun 19933826,68316.79$6,414
May 19933757,02717.68$6,630
Apr 19931927,37818.05$3,466
Mar 19933838,30418.14$6,948
Feb 19933936,90517.90$7,035
Jan 19933927,89716.93$6,637

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 1996 — as filed, then multipliedworked
Condensate           135 bbl  × $ 18.73 =     $2,529
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,529

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/97565 is the state's own key, not one this site invented.