BING UNIT

Name: BING UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17369District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$2.4 M

Jan 1993 – Feb 2015

Value, last 12 filed months

at the published price for each month

Months reported

266

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and 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 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	86,267 bbl	$1,977,796
Casinghead gas	Production	179,557 Mcf	$403,863
Total			$2,381,659

109,513 Mcf of this lease's gas, across 47 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 29.8701, -96.8460. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.87014, -96.84603 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

14,685 ft

1 wells filed one

Completion to plug

10.8 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 14,685 ft.

Completions filed

Nov 2003

1 of 1 wells

Plug dates filed

Sep 2014

1 of 1 wells

Last completion to plug: a median of 10.8 years across the 1 well that filed both dates, with the middle half between 10.8 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14931481	1	14,685 ft	Nov 2003	Sep 2014	Yes

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 (266)

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

266 months


Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	137	0	60.08	5.04	$8,231
Aug 2006	0	27	68.71	7.34	$198
Jul 2006	185	442	69.37	6.34	$15,637
Jun 2006	187	739	66.28	6.38	$17,112
May 2006	168	798	66.01	6.42	$16,217
Apr 2006	379	893	64.39	7.36	$30,977
Mar 2006	183	936	56.70	7.08	$17,006
Feb 2006	170	820	57.59	7.75	$16,146
Jan 2006	374	951	60.59	8.93	$31,156
Dec 2005	190	326	54.94	13.42	$14,812
Nov 2005	177	849	54.69	10.59	$18,670
Oct 2005	337	423	58.34	13.80	$25,496
Sep 2005	145	305	61.45	12.08	$12,594
Aug 2005	149	212	61.51	9.80	$11,242
Jul 2005	191	400	55.69	7.84	$13,774
Jun 2005	371	916	52.33	7.38	$26,175
May 2005	188	322	45.22	6.65	$10,643
Apr 2005	177	945	49.20	7.36	$15,664
Mar 2005	364	1,030	50.37	7.15	$25,704
Feb 2005	324	1,015	45.22	6.31	$21,058
Jan 2005	562	1,167	43.16	6.32	$31,634
Dec 2004	365	940	39.86	6.75	$20,895
Nov 2004	472	1,524	45.28	6.33	$31,020
Oct 2004	513	2,371	49.70	6.52	$40,943
Sep 2004	544	2,101	43.24	5.28	$34,624
Aug 2004	888	2,598	42.37	5.55	$52,045
Jul 2004	679	1,055	38.28	6.08	$32,411
Jun 2004	706	1,543	36.10	6.43	$35,413
May 2004	1,110	2,817	37.48	6.49	$59,898
Apr 2004	1,431	2,467	34.47	5.86	$63,779
Mar 2004	1,082	1,608	34.36	5.53	$46,070
Feb 2004	1,485	2,587	32.45	5.51	$62,442
Jan 2004	2,714	5,014	32.03	6.30	$118,516
Dec 2003	9,884	15,227	30.26	6.30	$395,045
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	115	43	28.17	4.76	$3,444
Sep 2003	0	43	26.31	4.75	$204
Aug 2003	150	75	29.76	5.13	$4,849
Jul 2003	1	110	29.41	5.17	$598
Jun 2003	183	152	28.56	5.98	$6,136
May 2003	184	214	26.59	5.97	$6,171
Apr 2003	0	38	26.67	5.41	$205
Mar 2003	0	19	31.14	6.10	$116
Feb 2003	0	31	33.48	7.93	$246
Jan 2003	184	157	30.31	5.58	$6,453
Dec 2002	0	4	26.91	4.85	$19
Nov 2002	0	2	24.66	4.14	$8
Oct 2002	0	21	26.46	4.23	$89
Sep 2002	181	23	27.44	3.64	$5,050
Aug 2002	0	38	25.96	3.16	$120
Jul 2002	0	61	24.58	3.06	$187
Jun 2002	0	87	23.73	3.34	$290
May 2002	181	75	24.66	3.58	$4,732
Apr 2002	0	65	23.65	3.51	$228
Mar 2002	0	53	22.00	3.10	$164
Feb 2002	0	23	18.22	2.38	$55
Jan 2002	173	31	17.17	2.38	$3,044
Dec 2001	0	37	16.93	2.36	$87
Nov 2001	175	9	18.07	2.41	$3,184
Oct 2001	0	82	19.78	2.53	$207
Sep 2001	0	71	24.26	2.25	$160
Aug 2001	181	23	24.87	3.05	$4,572
Jul 2001	0	31	23.93	3.20	$99
Jun 2001	0	32	24.56	3.82	$122
May 2001	0	57	25.52	4.31	$246
Apr 2001	182	72	24.68	5.34	$4,876
Mar 2001	0	62	24.54	5.38	$333
Feb 2001	0	51	27.75	5.77	$294
Jan 2001	184	58	27.47	8.40	$5,542
Dec 2000	0	57	26.88	9.12	$520
Nov 2000	0	60	32.21	5.66	$339
Oct 2000	0	67	31.23	5.15	$345
Sep 2000	184	68	31.87	5.19	$6,217
Aug 2000	0	67	29.64	4.54	$304
Jul 2000	354	67	28.53	4.09	$10,374
Jun 2000	0	75	29.30	4.40	$330
May 2000	0	59	27.26	3.68	$217
Apr 2000	0	57	24.51	3.12	$178
Mar 2000	0	61	28.42	2.86	$174
Feb 2000	0	62	27.62	2.73	$169
Jan 2000	183	70	25.27	2.48	$4,798
Dec 1999	0	79	24.28	2.42	$191
Nov 1999	0	81	23.19	2.43	$197
Oct 1999	181	59	20.98	2.80	$3,963
Sep 1999	0	163	21.75	2.62	$427
Aug 1999	357	192	19.26	2.88	$7,428
Jul 1999	0	184	17.89	2.37	$437
Jun 1999	0	150	15.94	2.36	$354
May 1999	0	215	15.79	2.32	$499
Apr 1999	0	206	15.10	2.21	$455
Mar 1999	360	224	12.47	1.84	$4,901
Feb 1999	0	223	9.98	1.82	$405
Jan 1999	0	199	10.38	1.90	$378
Dec 1998	194	205	9.20	1.77	$2,148
Nov 1998	0	244	10.89	2.19	$533
Oct 1998	364	250	12.42	1.97	$5,013
Sep 1998	0	239	12.59	2.08	$498
Aug 1998	0	313	11.30	1.91	$597
Jul 1998	354	271	11.74	2.24	$4,762
Jun 1998	0	254	11.24	2.24	$568
May 1998	0	269	12.62	2.21	$594
Apr 1998	355	295	13.04	2.51	$5,368
Mar 1998	0	458	12.80	2.31	$1,058
Feb 1998	359	447	13.95	2.30	$6,036
Jan 1998	364	581	14.70	2.15	$6,603
Dec 1997	0	573	16.32	2.41	$1,382
Nov 1997	369	593	18.19	3.09	$8,543
Oct 1997	359	556	19.25	3.15	$8,662
Sep 1997	356	552	17.74	2.95	$7,947
Aug 1997	0	561	17.86	2.55	$1,433
Jul 1997	355	458	17.58	2.25	$7,270
Jun 1997	0	730	17.24	2.26	$1,648
May 1997	357	431	18.97	2.31	$7,767
Apr 1997	184	467	17.88	2.08	$4,263
Mar 1997	185	433	18.95	1.94	$4,345
Feb 1997	184	382	20.49	2.21	$4,613
Jan 1997	181	419	23.48	3.54	$5,733
Dec 1996	179	509	23.32	—	$4,174
Nov 1996	177	665	21.97	—	$3,889
Oct 1996	183	786	23.31	—	$4,266
Sep 1996	362	840	22.22	—	$8,044
Aug 1996	360	928	20.26	—	$7,294
Jul 1996	543	1,053	19.55	—	$10,616
Jun 1996	374	1,219	18.73	—	$7,005
May 1996	374	1,288	19.43	—	$7,267
Apr 1996	557	846	21.51	—	$11,981
Mar 1996	355	951	19.38	—	$6,880
Feb 1996	187	831	16.98	—	$3,175
Jan 1996	561	840	17.07	—	$9,576
Dec 1995	568	742	17.19	—	$9,764
Nov 1995	187	634	16.00	—	$2,992
Oct 1995	550	1,223	15.43	—	$8,487
Sep 1995	378	1,298	16.18	—	$6,116
Aug 1995	567	1,305	15.92	—	$9,027
Jul 1995	717	1,492	15.24	—	$10,927
Jun 1995	361	1,529	16.41	—	$5,924
May 1995	563	1,712	17.56	—	$9,886
Apr 1995	732	1,712	17.73	—	$12,978
Mar 1995	380	1,905	16.44	—	$6,247
Feb 1995	565	1,820	16.58	—	$9,368
Jan 1995	548	2,328	15.92	—	$8,724
Dec 1994	751	1,852	15.03	—	$11,288
Nov 1994	910	2,920	15.90	—	$14,469
Oct 1994	751	3,246	15.58	—	$11,701
Sep 1994	1,106	3,757	15.29	—	$16,911
Aug 1994	887	2,978	16.13	—	$14,307
Jul 1994	1,075	2,916	17.56	—	$18,877
Jun 1994	1,433	2,727	17.09	—	$24,490
May 1994	2,017	2,940	15.88	—	$32,030
Apr 1994	1,644	2,189	14.14	—	$23,246
Mar 1994	1,106	1,211	12.46	—	$13,781
Feb 1994	738	1,033	12.50	—	$9,225
Jan 1994	607	444	12.66	—	$7,685
Dec 1993	1,623	3,882	12.33	—	$20,012
Nov 1993	3,603	7,888	14.49	—	$52,207
Oct 1993	8,723	18,190	15.85	—	$138,260
Sep 1993	12,433	22,835	15.03	—	$186,868
Aug 1993	0	0	15.66	—	$0
Jul 1993	366	7	15.46	—	$5,658
Jun 1993	0	7	16.79	—	$0
May 1993	360	7	17.68	—	$6,365
Apr 1993	0	7	18.05	—	$0
Mar 1993	187	7	18.14	—	$3,392
Feb 1993	189	7	17.90	—	$3,383
Jan 1993	386	7	16.93	—	$6,535

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.

Sep 2006 — as filed, then multipliedworked

Oil                  137 bbl  × $ 60.08 =     $8,231
Casinghead gas         0 Mcf  × $  5.04 =         $0

────────────────────────────────────────────────────
Month total                                   $8,231

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/O/17369 is the state's own key, not one this site invented.