BRAVENEC

Operated by ERNEST OPERATING COMPANY (P-5 253480) in the INEZ JAMESON (NAVARRO -A-) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17550District 03Field 44544400NGPA filingOilCasinghead gasSaveExport
Value, all time
$49 k
Jan 1993 – Mar 2003
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
123
no gaps in the span
Streams
2
oil, casinghead 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 39 leases and 86 wells, and the rule below applies to all of them.

Discovered
1980-01-07
as the register files it
Field class
Oil
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: SUBDIVIDED FRM (NAVARRO) 1/7/80

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
OilDisposition1,961 bbl$35,500
Casinghead gasProduction8,481 Mcf$13,656
Total$49,157

4,130 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 (2)

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 30.5461, -96.8429. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.54608, -96.84287 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,800 ft
2 wells filed one
Completion to plug
16.0 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 3,800 and 3,800 ft, median 3,800 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1984 – Jan 1987
2 of 2 wells
Plug dates filed
Jul 2000 – Sep 2002
2 of 2 wells

Last completion to plug: a median of 16.0 years across the 2 wells that filed both dates, with the middle half between 14.8 years and 17.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0513266323,800 ftJan 1987Jul 2000Yes
42-0513265113,800 ftApr 1984Sep 2002Yes

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 (123)

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

123 months

Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20031030.315.58$30
Dec 20021026.914.85$27
Nov 20025024.664.14$123
Oct 200253226.464.23$268
Sep 200253727.443.64$272
Aug 200252125.963.16$196
Jul 200253724.583.06$236
Jun 200253123.733.34$222
May 200255424.663.58$317
Apr 200205723.653.51$200
Mar 200203222.003.10$99
Feb 200203118.222.38$74
Jan 200204017.172.38$95
Dec 200103916.932.36$92
Nov 20011834018.072.41$3,403
Oct 200113719.782.53$113
Sep 200103724.262.25$83
Aug 200112524.873.05$101
Jul 200104523.933.20$144
Jun 200114524.563.82$197
May 200112925.524.31$150
Apr 200118524.685.34$478
Mar 200106524.545.38$349
Feb 200105727.755.77$329
Jan 200106927.478.40$580
Dec 200006326.889.12$575
Nov 200006332.215.66$356
Oct 200005931.235.15$304
Sep 200007931.875.19$410
Aug 200007529.644.54$341
Jul 200006728.534.09$274
Jun 200008129.304.40$356
May 20001757227.263.68$5,035
Apr 200007024.513.12$218
Mar 200058628.422.86$388
Feb 200009227.622.73$251
Jan 200007525.272.48$186
Dec 199908624.282.42$208
Nov 199909623.192.43$234
Oct 199908920.982.80$250
Sep 199908921.752.62$233
Aug 199907219.262.88$207
Jul 19990017.892.37$0
Jun 1999172015.942.36$2,742
May 199903015.792.32$70
Apr 199903715.102.21$82
Mar 199903312.471.84$61
Feb 19991499.981.82$99
Jan 199904210.381.90$80
Dec 19980549.201.77$96
Nov 199804710.892.19$103
Oct 199802512.421.97$49
Sep 19980012.592.08$0
Aug 199813111.301.91$70
Jul 19981698611.742.24$2,176
Jun 199808811.242.24$197
May 199809112.622.21$201
Apr 1998010313.042.51$258
Mar 1998110212.802.31$248
Feb 199809113.952.30$209
Jan 1998010414.702.15$224
Dec 199721316.322.41$64
Nov 199705318.193.09$164
Oct 199709119.253.15$287
Sep 199709517.742.95$281
Aug 1997010617.862.55$271
Jul 1997010517.582.25$236
Jun 199717110017.242.26$3,174
May 1997111018.972.31$273
Apr 1997110317.882.08$232
Mar 1997111518.951.94$242
Feb 199709120.492.21$201
Jan 199719723.483.54$367
Dec 199605023.32$0
Nov 199605321.97$0
Oct 19961697523.31$3,939
Sep 199608722.22$0
Aug 1996010220.26$0
Jul 199609519.55$0
Jun 19961118.73$19
May 19960019.43$0
Apr 19960121.51$0
Mar 1996164119.38$3,178
Feb 199601116.98$0
Jan 199606117.07$0
Dec 199506517.19$0
Nov 199504316.00$0
Oct 199503815.43$0
Sep 199504516.18$0
Aug 199507715.92$0
Jul 19951747715.24$2,652
Jun 199507516.41$0
May 199508717.56$0
Apr 199509417.73$0
Mar 199509716.44$0
Feb 199508016.58$0
Jan 199509315.92$0
Dec 199409415.03$0
Nov 199408615.90$0
Oct 199408115.58$0
Sep 199409715.29$0
Aug 1994010216.13$0
Jul 1994010417.56$0
Jun 199408617.09$0
May 199417312615.88$2,747
Apr 199407214.14$0
Mar 199418512.46$12
Feb 199409012.50$0
Jan 199408312.66$0
Dec 199308612.33$0
Nov 199319914.49$14
Oct 1993011115.85$0
Sep 199317610715.03$2,645
Aug 1993010515.66$0
Jul 1993112215.46$15
Jun 1993011216.79$0
May 1993112517.68$18
Apr 1993016218.05$0
Mar 199317422518.14$3,156
Feb 199306517.90$0
Jan 1993029716.93$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.

Jan 2003 — as filed, then multipliedworked
Oil                    1 bbl  × $ 30.31 =        $30
Casinghead gas         0 Mcf  × $  5.58 =         $0

────────────────────────────────────────────────────
Month total                                      $30

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/17550 is the state's own key, not one this site invented.