BEARD-NEMEC UNIT

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

Operated by CHESAPEAKE OPERATING, L.L.C. (P-5 147699) 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 21212District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$2.0 M

Jan 1993 – Oct 2020

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

334

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”

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	69,172 bbl	$1,689,068
Casinghead gas	Production	182,238 Mcf	$342,503
Total			$2,031,571

90,041 Mcf of this lease's gas, across 21 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 30.6901, -96.2616. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.69014, -96.26163 · 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

12,488 ft

1 wells filed one

Completion to plug

28.2 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 12,488 ft.

Completions filed

Jun 1992

1 of 1 wells

Plug dates filed

Aug 2020

1 of 1 wells

Last completion to plug: a median of 28.2 years across the 1 well that filed both dates, with the middle half between 28.2 years and 28.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-04131513	1	12,488 ft	Jun 1992	Aug 2020	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 (334)

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

334 months


Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	154	0	14.75	1.80	$2,272
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	186	0	56.80	3.06	$10,565
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	181	0	46.59	4.19	$8,433
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	179	0	59.40	3.07	$10,633
Jul 2018	1	0	65.14	2.93	$65
Jun 2018	3	0	60.18	3.08	$181
May 2018	180	0	65.38	2.90	$11,768
Apr 2018	2	0	63.84	2.90	$128
Mar 2018	190	0	61.22	2.79	$11,632
Feb 2018	3	0	61.78	2.77	$185
Jan 2018	3	0	62.87	4.01	$189
Dec 2017	185	0	57.27	2.92	$10,595
Nov 2017	4	0	55.42	3.12	$222
Oct 2017	6	0	49.29	2.98	$296
Sep 2017	182	0	47.52	3.09	$8,649
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	4	0	43.87	3.09	$175
Jun 2017	0	0	42.49	3.09	$0
May 2017	186	0	45.37	3.26	$8,439
Apr 2017	1	0	47.93	3.21	$48
Mar 2017	5	0	46.77	2.98	$234
Feb 2017	4	0	50.45	2.95	$202
Jan 2017	182	0	49.41	3.42	$8,993
Dec 2016	2	0	48.76	3.72	$98
Nov 2016	2	0	42.49	2.64	$85
Oct 2016	183	0	46.19	3.09	$8,453
Sep 2016	2	0	41.55	3.10	$83
Aug 2016	170	0	41.44	2.92	$7,045
Jul 2016	5	0	41.62	2.92	$208
Jun 2016	169	0	45.35	2.69	$7,664
May 2016	3	0	42.52	1.99	$128
Apr 2016	4	0	36.56	1.99	$146
Mar 2016	177	0	33.01	1.79	$5,843
Feb 2016	3	0	26.47	2.06	$79
Jan 2016	182	0	27.35	2.36	$4,978
Dec 2015	6	0	32.36	2.00	$194
Nov 2015	188	0	38.79	2.17	$7,293
Oct 2015	6	0	43.55	2.43	$261
Sep 2015	6	0	42.99	2.76	$258
Aug 2015	179	0	40.16	2.87	$7,189
Jul 2015	178	0	48.15	2.95	$8,571
Jun 2015	3	0	56.15	2.88	$168
May 2015	3	0	55.21	2.96	$166
Apr 2015	173	0	49.82	2.71	$8,619
Mar 2015	5	0	42.89	2.93	$214
Feb 2015	2	0	44.66	2.98	$89
Jan 2015	172	0	43.43	3.10	$7,470
Dec 2014	3	0	54.69	3.59	$164
Nov 2014	3	0	70.46	4.25	$211
Oct 2014	3	0	78.30	3.90	$235
Sep 2014	1	0	86.16	4.05	$86
Aug 2014	170	0	89.39	4.04	$15,196
Jul 2014	2	0	96.56	4.18	$193
Jun 2014	3	0	98.16	4.74	$294
May 2014	172	0	94.73	4.73	$16,294
Apr 2014	4	0	95.94	4.81	$384
Mar 2014	4	0	95.89	5.06	$384
Feb 2014	170	0	97.40	6.19	$16,558
Jan 2014	6	0	90.40	4.86	$542
Dec 2013	4	0	91.82	4.35	$367
Nov 2013	160	5	88.85	3.74	$14,235
Oct 2013	6	29	97.42	3.78	$694
Sep 2013	5	4	104.11	3.72	$535
Aug 2013	1	0	104.25	3.52	$104
Jul 2013	168	0	102.52	3.72	$17,223
Jun 2013	1	8	94.40	3.93	$126
May 2013	2	60	94.83	4.15	$439
Apr 2013	3	74	93.96	4.28	$599
Mar 2013	1	109	93.62	3.91	$520
Feb 2013	4	8	91.23	3.42	$392
Jan 2013	139	3	91.60	3.42	$12,743
Dec 2012	1	40	86.77	3.42	$224
Nov 2012	1	70	86.95	3.62	$341
Oct 2012	1	69	89.38	3.40	$324
Sep 2012	180	68	94.67	2.92	$17,239
Aug 2012	1	35	92.66	2.91	$194
Jul 2012	4	218	85.13	3.02	$999
Jun 2012	1	59	79.82	2.52	$228
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	124	66	105.05	2.22	$13,173
Feb 2012	1	93	101.10	2.57	$340
Jan 2012	2	103	98.09	2.73	$478
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	1	0	95.72	3.31	$96
Oct 2011	116	25	84.98	3.65	$9,949
Sep 2011	1	71	83.62	3.99	$367
Aug 2011	1	110	83.40	4.15	$540
Jul 2011	125	7	94.14	4.52	$11,799
Jun 2011	0	91	92.90	4.64	$422
May 2011	1	137	98.13	4.40	$702
Apr 2011	175	271	105.96	4.33	$19,717
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	1	155	85.64	4.18	$734
Jan 2011	0	3	86.50	4.59	$14
Dec 2010	1	156	85.73	4.35	$764
Nov 2010	149	154	80.84	3.80	$12,630
Oct 2010	178	642	78.10	3.51	$16,155
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	6	78.39	4.39	$26
Feb 2010	125	83	73.58	5.44	$9,649
Jan 2010	2	66	74.36	5.96	$542
Dec 2009	156	249	71.44	5.48	$12,510
Nov 2009	91	129	74.59	3.75	$7,272
Oct 2009	0	150	72.54	4.11	$617
Sep 2009	96	30	65.54	3.06	$6,384
Aug 2009	171	233	67.42	3.22	$12,279
Jul 2009	188	77	61.13	3.46	$11,759
Jun 2009	0	115	66.16	3.90	$448
May 2009	0	140	54.74	3.93	$550
Apr 2009	0	67	46.77	3.59	$240
Mar 2009	0	3	42.14	4.06	$12
Feb 2009	0	26	32.81	4.63	$120
Jan 2009	174	35	35.86	5.37	$6,428
Dec 2008	0	117	37.10	5.98	$699
Nov 2008	0	128	55.49	6.86	$878
Oct 2008	0	85	75.24	6.92	$588
Sep 2008	0	93	101.76	7.88	$733
Aug 2008	0	161	114.22	8.48	$1,366
Jul 2008	182	209	131.08	11.39	$26,237
Jun 2008	0	85	131.33	13.03	$1,108
May 2008	0	135	123.17	11.57	$1,563
Apr 2008	183	752	110.31	10.45	$28,049
Mar 2008	0	131	101.90	9.66	$1,266
Feb 2008	0	133	92.53	8.77	$1,166
Jan 2008	174	126	90.38	8.21	$16,760
Dec 2007	0	140	88.33	7.30	$1,022
Nov 2007	0	176	91.67	7.29	$1,283
Oct 2007	183	160	82.85	6.92	$16,269
Sep 2007	0	153	75.84	6.24	$955
Aug 2007	184	22	69.06	6.39	$12,848
Jul 2007	0	176	70.90	6.39	$1,124
Jun 2007	0	217	62.00	7.55	$1,638
May 2007	185	162	58.74	7.85	$12,138
Apr 2007	5	220	59.61	7.81	$2,015
Mar 2007	182	224	56.92	7.30	$11,995
Feb 2007	0	178	55.10	8.22	$1,462
Jan 2007	187	307	50.30	6.73	$11,471
Dec 2006	4	286	56.65	6.92	$2,205
Nov 2006	170	252	54.20	7.62	$11,134
Oct 2006	0	129	54.90	6.01	$776
Sep 2006	3	221	60.08	5.04	$1,293
Aug 2006	180	190	68.71	7.34	$13,762
Jul 2006	4	309	69.37	6.34	$2,237
Jun 2006	5	350	66.28	6.38	$2,566
May 2006	5	305	66.01	6.42	$2,290
Apr 2006	185	390	64.39	7.36	$14,783
Mar 2006	4	399	56.70	7.08	$3,053
Feb 2006	5	310	57.59	7.75	$2,691
Jan 2006	6	276	60.59	8.93	$2,829
Dec 2005	169	421	54.94	13.42	$14,933
Nov 2005	5	465	54.69	10.59	$5,197
Oct 2005	182	288	58.34	13.80	$14,591
Sep 2005	4	282	61.45	12.08	$3,652
Aug 2005	3	373	61.51	9.80	$3,839
Jul 2005	3	449	55.69	7.84	$3,689
Jun 2005	160	399	52.33	7.38	$11,318
May 2005	4	516	45.22	6.65	$3,613
Apr 2005	185	266	49.20	7.36	$11,060
Mar 2005	7	394	50.37	7.15	$3,172
Feb 2005	3	95	45.22	6.31	$735
Jan 2005	173	134	43.16	6.32	$8,314
Dec 2004	0	201	39.86	6.75	$1,357
Nov 2004	187	65	45.28	6.33	$8,879
Oct 2004	3	106	49.70	6.52	$840
Sep 2004	183	183	43.24	5.28	$8,880
Aug 2004	5	228	42.37	5.55	$1,477
Jul 2004	188	271	38.28	6.08	$8,845
Jun 2004	7	315	36.10	6.43	$2,279
May 2004	7	224	37.48	6.49	$1,717
Apr 2004	186	115	34.47	5.86	$7,085
Mar 2004	188	234	34.36	5.53	$7,754
Feb 2004	9	281	32.45	5.51	$1,840
Jan 2004	183	222	32.03	6.30	$7,260
Dec 2003	186	273	30.26	6.30	$7,349
Nov 2003	5	222	28.80	4.60	$1,164
Oct 2003	188	323	28.17	4.76	$6,833
Sep 2003	3	223	26.31	4.75	$1,138
Aug 2003	190	280	29.76	5.13	$7,091
Jul 2003	179	234	29.41	5.17	$6,474
Jun 2003	194	277	28.56	5.98	$7,198
May 2003	191	216	26.59	5.97	$6,369
Apr 2003	6	205	26.67	5.41	$1,269
Mar 2003	201	231	31.14	6.10	$7,667
Feb 2003	348	285	33.48	7.93	$13,910
Jan 2003	12	222	30.31	5.58	$1,603
Dec 2002	201	246	26.91	4.85	$6,603
Nov 2002	201	194	24.66	4.14	$5,759
Oct 2002	169	241	26.46	4.23	$5,491
Sep 2002	194	246	27.44	3.64	$6,218
Aug 2002	190	257	25.96	3.16	$5,746
Jul 2002	356	338	24.58	3.06	$9,785
Jun 2002	6	213	23.73	3.34	$853
May 2002	0	158	24.66	3.58	$566
Apr 2002	179	207	23.65	3.51	$4,960
Mar 2002	183	358	22.00	3.10	$5,137
Feb 2002	192	301	18.22	2.38	$4,213
Jan 2002	361	358	17.17	2.38	$7,049
Dec 2001	25	167	16.93	2.36	$818
Nov 2001	359	0	18.07	2.41	$6,487
Oct 2001	18	0	19.78	2.53	$356
Sep 2001	17	235	24.26	2.25	$941
Aug 2001	357	284	24.87	3.05	$9,746
Jul 2001	367	384	23.93	3.20	$10,010
Jun 2001	10	459	24.56	3.82	$2,001
May 2001	368	434	25.52	4.31	$11,261
Apr 2001	23	380	24.68	5.34	$2,595
Mar 2001	539	505	24.54	5.38	$15,942
Feb 2001	16	399	27.75	5.77	$2,745
Jan 2001	372	418	27.47	8.40	$13,730
Dec 2000	184	524	26.88	9.12	$9,726
Nov 2000	203	581	32.21	5.66	$9,826
Oct 2000	188	641	31.23	5.15	$9,170
Sep 2000	362	579	31.87	5.19	$14,540
Aug 2000	541	782	29.64	4.54	$19,586
Jul 2000	11	718	28.53	4.09	$3,250
Jun 2000	364	606	29.30	4.40	$13,330
May 2000	359	729	27.26	3.68	$12,469
Apr 2000	365	821	24.51	3.12	$11,504
Mar 2000	358	1,479	28.42	2.86	$14,404
Feb 2000	368	1,335	27.62	2.73	$13,804
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	184	115	24.28	2.42	$4,746
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	8	407	20.98	2.80	$1,309
Sep 1999	379	966	21.75	2.62	$10,773
Aug 1999	194	972	19.26	2.88	$6,532
Jul 1999	366	938	17.89	2.37	$8,773
Jun 1999	357	1,086	15.94	2.36	$8,256
May 1999	358	1,109	15.79	2.32	$8,227
Apr 1999	551	1,673	15.10	2.21	$12,014
Mar 1999	10	306	12.47	1.84	$687
Feb 1999	399	795	9.98	1.82	$5,427
Jan 1999	374	839	10.38	1.90	$5,476
Dec 1998	377	717	9.20	1.77	$4,740
Nov 1998	561	577	10.89	2.19	$7,370
Oct 1998	387	765	12.42	1.97	$6,313
Sep 1998	370	652	12.59	2.08	$6,016
Aug 1998	533	997	11.30	1.91	$7,925
Jul 1998	537	1,052	11.74	2.24	$8,658
Jun 1998	545	1,279	11.24	2.24	$8,987
May 1998	740	1,920	12.62	2.21	$13,575
Apr 1998	761	2,369	13.04	2.51	$15,859
Mar 1998	755	2,557	12.80	2.31	$15,569
Feb 1998	373	2,199	13.95	2.30	$10,259
Jan 1998	723	2,107	14.70	2.15	$15,168
Dec 1997	760	1,851	16.32	2.41	$16,866
Nov 1997	966	2,683	18.19	3.09	$25,857
Oct 1997	558	3,087	19.25	3.15	$20,465
Sep 1997	780	2,779	17.74	2.95	$22,049
Aug 1997	393	3,535	17.86	2.55	$16,050
Jul 1997	905	4,923	17.58	2.25	$26,972
Jun 1997	711	3,313	17.24	2.26	$19,736
May 1997	1,288	3,006	18.97	2.31	$31,373
Apr 1997	1,617	3,469	17.88	2.08	$36,137
Mar 1997	1,831	0	18.95	1.94	$34,697
Feb 1997	375	0	20.49	2.21	$7,684
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	0	0	23.32	—	$0
Nov 1996	0	0	21.97	—	$0
Oct 1996	0	0	23.31	—	$0
Sep 1996	0	0	22.22	—	$0
Aug 1996	0	0	20.26	—	$0
Jul 1996	0	0	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	0	0	17.07	—	$0
Dec 1995	0	0	17.19	—	$0
Nov 1995	0	0	16.00	—	$0
Oct 1995	0	0	15.43	—	$0
Sep 1995	0	0	16.18	—	$0
Aug 1995	0	0	15.92	—	$0
Jul 1995	0	0	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	0	17.56	—	$0
Apr 1995	2	0	17.73	—	$35
Mar 1995	0	0	16.44	—	$0
Feb 1995	0	0	16.58	—	$0
Jan 1995	3	0	15.92	—	$48
Dec 1994	4	0	15.03	—	$60
Nov 1994	13	0	15.90	—	$207
Oct 1994	548	298	15.58	—	$8,538
Sep 1994	717	2,381	15.29	—	$10,963
Aug 1994	1,087	2,387	16.13	—	$17,533
Jul 1994	719	3,425	17.56	—	$12,626
Jun 1994	1,071	3,393	17.09	—	$18,303
May 1994	725	3,512	15.88	—	$11,513
Apr 1994	1,076	2,056	14.14	—	$15,215
Mar 1994	1,239	2,876	12.46	—	$15,438
Feb 1994	911	3,337	12.50	—	$11,388
Jan 1994	718	8,094	12.66	—	$9,090
Dec 1993	1,628	6,915	12.33	—	$20,073
Nov 1993	1,440	7,807	14.49	—	$20,866
Oct 1993	3,380	6,469	15.85	—	$53,573
Sep 1993	2,150	3,402	15.03	—	$32,315
Aug 1993	2,144	5,281	15.66	—	$33,575
Jul 1993	2,127	6,033	15.46	—	$32,883
Jun 1993	2,320	5,426	16.79	—	$38,953
May 1993	1,645	5,632	17.68	—	$29,084
Apr 1993	7	161	18.05	—	$126
Mar 1993	0	0	18.14	—	$0
Feb 1993	5	359	17.90	—	$90
Jan 1993	2,911	10,797	16.93	—	$49,283

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.

Apr 2020 — as filed, then multipliedworked

Oil                  154 bbl  × $ 14.75 =     $2,272
Casinghead gas         0 Mcf  × $  1.80 =         $0

────────────────────────────────────────────────────
Month total                                   $2,272

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/21212 is the state's own key, not one this site invented.