BEAURLINE, A. W.

Operated by CABOT OIL & GAS CORPORATION (P-5 121700) in the MCALLEN RANCH (VKSBG. S-T-U, N.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 147138District 04Field 587427552 tax incentive programmesCondensateGasSaveExport
Value, all time
$881 k
Oct 1993 – Jun 1999
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
69
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1990-01-24
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1990-03-20.

The Commission's schedule remark for this field reads: 04-0226579 EFFECTIVE 1-1-01.

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
High Cost Gas112001-10-26145156
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
CondensateDisposition21,458 bbl$316,267
GasProduction1,456,290 Mcf$564,903
Total$881,170

1,218,238 Mcf of this lease's gas, across 39 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 26.6534, -98.2299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.65337, -98.22988 · 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
0.0%
0 of 1 wells
Median depth
12,267 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 12,267 ft.

Completions filed
Jun 1999
1 of 1 wells

1 well

42-21532131512,267 ftJun 1999Yes

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 (69)

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

69 months

Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199910709.981.82$1,068
Jan 19991991,45210.381.90$4,824
Dec 19983868,9419.201.77$19,406
Nov 19983767,38010.892.19$20,225
Oct 19984048,07212.421.97$20,913
Sep 19981938,84412.592.08$20,849
Aug 199819110,90111.301.91$22,950
Jul 199841911,15011.742.24$29,865
Jun 19983888,56411.242.24$23,521
May 19982337,11312.622.21$18,634
Apr 19983798,57813.042.51$26,433
Mar 19981,6659,63512.802.31$43,563
Feb 19982909,25413.952.30$25,322
Jan 19981197,59514.702.15$18,115
Dec 19971409,08016.322.41$24,178
Nov 199712011,61718.193.09$38,059
Oct 1997628,98719.253.15$29,501
Sep 199712410,94517.742.95$34,541
Aug 199713111,82717.862.55$32,555
Jul 199712210,46417.582.25$25,657
Jun 199712210,57317.242.26$25,969
May 199717710,54718.972.31$27,705
Apr 199712211,39517.882.08$25,915
Mar 199717912,47618.951.94$27,585
Feb 199718610,97020.492.21$28,010
Jan 199718711,69223.483.54$45,777
Dec 199618110,99123.32$4,221
Nov 199618112,31821.97$3,977
Oct 199620612,46623.31$4,802
Sep 199617513,36222.22$3,889
Aug 199623815,09820.26$4,822
Jul 19963145,94719.55$6,139
Jun 199622212,77118.73$4,158
May 1996014,69419.43$0
Apr 1996016,00221.51$0
Mar 1996028,50119.38$0
Feb 1996036,85916.98$0
Jan 1996044,48717.07$0
Dec 1995021,97617.19$0
Nov 1995014,86916.00$0
Oct 1995018,01515.43$0
Sep 1995023,69016.18$0
Aug 1995013,71115.92$0
Jul 1995013,96615.24$0
Jun 1995016,72416.41$0
May 1995016,07117.56$0
Apr 1995020,73917.73$0
Mar 1995319,82016.44$49
Feb 19958018,39016.58$1,326
Jan 199556422,00115.92$8,979
Dec 199454520,34515.03$8,191
Nov 199459022,50115.90$9,381
Oct 199462127,79215.58$9,675
Sep 199484331,29915.29$12,889
Aug 199476533,62616.13$12,339
Jul 199433936,28717.56$5,953
Jun 199438333,88917.09$6,545
May 199468742,41615.88$10,910
Apr 199450435,44214.14$7,127
Mar 199452743,25512.46$6,566
Feb 19941,03960,00912.50$12,988
Jan 19941,04571,06712.66$13,230
Dec 19931,489117,57812.33$18,359
Nov 19931,754110,94514.49$25,415
Oct 19931,14288,31915.85$18,101

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.

Feb 1999 — as filed, then multipliedworked
Condensate           107 bbl  × $  9.98 =     $1,068
Gas                    0 Mcf  × $  1.82 =         $0

────────────────────────────────────────────────────
Month total                                   $1,068

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. 04/G/147138 is the state's own key, not one this site invented.