BARBARA LIPS GAS UNIT

Operated by BESCO OPERATING, L.P. (P-5 68208) in the LOPEZ RANCH (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148434District 04Field 548954002 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.9 M
Jan 1994 – May 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
341
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 72 leases and 72 wells, and the rule below applies to all of them.

Discovered
2008-07-29
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-07-29.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 04/01/2009.

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 Gas111994-04-06129678
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
CondensateDisposition162,570 bbl$3,527,807
GasProduction8,189,794 Mcf$11,367,295
Total$14,895,102

4,883,832 Mcf of this lease's gas, across 36 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 26.8656, -98.2067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.86556, -98.20669 · 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
100.0%
1 of 1 wells
Median depth
18,000 ft
1 wells filed one
Completion to plug
28.3 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 18,000 ft.

Completions filed
Jan 1994
1 of 1 wells
Plug dates filed
May 2022
1 of 1 wells

Last completion to plug: a median of 28.3 years across the 1 well that filed both dates, with the middle half between 28.3 years and 28.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04731647318,000 ftJan 1994May 2022Yes

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 (341)

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

341 months

May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20182065.382.90$131
Apr 2018946663.842.90$1,926
Mar 2018483,86061.222.79$13,696
Feb 2018292,92961.782.77$9,894
Jan 2018665,19962.874.01$24,994
Dec 2017494,75957.272.92$16,710
Nov 2017894,96155.423.12$20,403
Oct 2017525,62949.292.98$19,358
Sep 2017735,38547.523.09$20,094
Aug 2017483,08545.373.00$11,446
Jul 2017573,66743.873.09$13,822
Jun 2017744,41942.493.09$16,787
May 2017685,09445.373.26$19,709
Apr 2017784,76647.933.21$19,045
Mar 2017533,63346.772.98$13,319
Feb 20171184,99950.452.95$20,713
Jan 20171254,21749.413.42$20,593
Dec 20161723,54148.763.72$21,569
Nov 2016242,35842.492.64$7,255
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201628026.472.06$741
Jan 2016493,48527.352.36$9,580
Dec 2015393,76532.362.00$8,797
Nov 2015452,98438.792.17$8,213
Oct 2015363,13043.552.43$9,163
Sep 2015513,29042.992.76$11,268
Aug 2015183,22640.162.87$9,990
Jul 2015462,65548.152.95$10,034
Jun 2015222,59556.152.88$8,716
May 2015322,61155.212.96$9,483
Apr 2015463,26549.822.71$11,129
Mar 2015333,19242.892.93$10,783
Feb 2015202,92544.662.98$9,599
Jan 2015252,90443.433.10$10,090
Dec 2014362,83654.693.59$12,154
Nov 2014212,85370.464.25$13,610
Oct 2014262,48978.303.90$11,745
Sep 2014272,84086.164.05$13,815
Aug 2014332,96089.394.04$14,894
Jul 2014333,44896.564.18$17,598
Jun 2014272,61098.164.74$15,014
May 2014372,97094.734.73$17,543
Apr 2014172,97195.944.81$15,919
Mar 2014232,77095.895.06$16,213
Feb 2014412,86497.406.19$21,727
Jan 2014523,81790.404.86$23,254
Dec 2013463,20891.824.35$18,193
Nov 2013383,44188.853.74$16,240
Oct 2013533,46297.423.78$18,247
Sep 2013483,561104.113.72$18,236
Aug 2013503,491104.253.52$17,510
Jul 20135919,266102.523.72$77,675
Jun 2013583,62594.403.93$19,734
May 2013453,60094.834.15$19,204
Apr 2013183,69293.964.28$17,503
Mar 2013213,63493.623.91$16,185
Feb 2013533,62691.233.42$17,236
Jan 2013213,86991.603.42$15,155
Dec 2012154,06286.773.42$15,194
Nov 2012243,59686.953.62$15,122
Oct 2012413,63789.383.40$16,029
Sep 2012423,87894.672.92$15,294
Aug 2012153,55292.662.91$11,720
Jul 2012203,98385.133.02$13,734
Jun 2012154,22179.822.52$11,830
May 2012204,39091.612.49$12,756
Apr 2012254,166101.652.00$10,860
Mar 2012194,367105.052.22$11,700
Feb 2012184,996101.102.57$14,661
Jan 2012226,00298.092.73$18,568
Dec 2011504,62296.873.24$19,818
Nov 2011986,37995.723.31$30,503
Oct 2011785,30984.983.65$25,999
Sep 2011804,84383.623.99$25,993
Aug 2011894,43783.404.15$25,833
Jul 2011644,20794.144.52$25,029
Jun 2011684,25092.904.64$26,037
May 2011674,50198.134.40$26,401
Apr 2011524,075105.964.33$23,168
Mar 2011634,08496.364.06$22,641
Feb 2011573,77485.644.18$20,657
Jan 2011804,33386.504.59$26,803
Dec 2010834,14885.734.35$25,150
Nov 2010703,80680.843.80$20,104
Oct 2010894,44078.103.51$22,530
Sep 2010895,36072.633.98$27,794
Aug 2010954,89573.684.42$28,632
Jul 2010724,84972.554.74$28,191
Jun 20101045,19470.364.91$32,822
May 2010884,42571.124.24$24,999
Apr 2010584,69481.694.12$24,090
Mar 2010704,73778.394.39$26,276
Feb 2010473,71873.585.44$23,693
Jan 2010624,55274.365.96$31,759
Dec 2009704,49871.445.48$29,667
Nov 2009484,54874.593.75$20,642
Oct 2009664,85372.544.11$24,735
Sep 2009304,77665.543.06$16,603
Aug 2009154,69267.423.22$16,113
Jul 2009793,99561.133.46$18,670
Jun 2009675,27066.163.90$24,959
May 2009865,97954.743.93$28,180
Apr 2009765,40746.773.59$22,952
Mar 2009734,36142.144.06$20,778
Feb 2009524,46832.814.63$22,406
Jan 2009605,08135.865.37$29,442
Dec 2008434,17337.105.98$26,538
Nov 2008533,48455.496.86$26,842
Oct 2008434,16575.246.92$32,065
Sep 2008664,813101.767.88$44,629
Aug 2008815,970114.228.48$59,895
Jul 2008273,786131.0811.39$46,660
Jun 2008725,084131.3313.03$75,714
May 2008626,194123.1711.57$79,328
Apr 20081115,869110.3110.45$73,604
Mar 2008474,974101.909.66$52,858
Feb 2008515,11092.538.77$49,537
Jan 2008465,74090.388.21$51,258
Dec 2007364,79488.337.30$38,186
Nov 2007567,01091.677.29$56,248
Oct 2007376,59182.856.92$48,688
Sep 2007375,46675.846.24$36,937
Aug 2007676,73869.066.39$47,669
Jul 2007475,80970.906.39$40,440
Jun 2007724,44562.007.55$38,017
May 2007675,01758.747.85$43,300
Apr 2007784,94359.617.81$43,231
Mar 20071215,52456.927.30$47,223
Feb 20071215,45055.108.22$51,444
Jan 2007955,33350.306.73$40,653
Dec 2006935,05556.656.92$40,241
Nov 20061015,62554.207.62$48,323
Oct 2006965,89054.906.01$40,692
Sep 2006966,43360.085.04$38,172
Aug 20061217,16568.717.34$60,904
Jul 2006866,26869.376.34$45,722
Jun 2006846,20566.286.38$45,180
May 2006856,15866.016.42$45,176
Apr 2006906,36564.397.36$52,645
Mar 2006956,38056.707.08$50,576
Feb 20061036,19757.597.75$53,965
Jan 20061406,50560.598.93$66,594
Dec 20051806,49354.9413.42$96,995
Nov 20051246,19254.6910.59$72,345
Oct 20051366,16958.3413.80$93,040
Sep 20051406,24061.4512.08$83,976
Aug 20051426,49261.519.80$72,336
Jul 20051365,88755.697.84$53,749
Jun 20051305,34552.337.38$46,255
May 20051305,76745.226.65$44,236
Apr 20051606,08949.207.36$52,690
Mar 20051736,60350.377.15$55,958
Feb 20051555,65245.226.31$42,684
Jan 20051756,40843.166.32$48,066
Dec 20041636,00439.866.75$47,031
Nov 20041526,29745.286.33$46,745
Oct 20041656,82349.706.52$52,653
Sep 20041906,58943.245.28$43,031
Aug 20041507,40742.375.55$47,469
Jul 20041917,52238.286.08$53,077
Jun 20041466,57136.106.43$47,542
May 20042167,39337.486.49$56,110
Apr 20042167,39334.475.86$50,757
Mar 20042107,36334.365.53$47,934
Feb 20041866,70132.455.51$42,956
Jan 20042367,40732.036.30$54,221
Dec 20032067,57430.266.30$53,962
Nov 20032258,14828.804.60$43,921
Oct 20032468,68828.174.76$48,282
Sep 20032287,68026.314.75$42,474
Aug 20032107,51229.765.13$44,784
Jul 20032428,15129.415.17$49,265
Jun 20032868,93328.565.98$61,614
May 20032748,18626.595.97$56,178
Apr 20032948,30226.675.41$52,732
Mar 20032807,58831.146.10$54,976
Feb 20032406,58433.487.93$60,219
Jan 20032817,74830.315.58$51,767
Dec 20023797,57826.914.85$46,981
Nov 20023797,84224.664.14$41,788
Oct 20023737,79726.464.23$42,844
Sep 20022726,26827.443.64$30,249
Aug 20024087,93625.963.16$35,702
Jul 2002958,61324.583.06$28,706
Jun 20021369,01223.733.34$33,312
May 200214312,09824.663.58$46,886
Apr 200215611,51323.653.51$44,127
Mar 200217512,41422.003.10$42,367
Feb 20022347,62518.222.38$22,378
Jan 200237210,16217.172.38$30,529
Dec 200141411,11016.932.36$33,278
Nov 200132910,27018.072.41$30,650
Oct 200132411,06419.782.53$34,388
Sep 200137211,62624.262.25$35,199
Aug 200134811,52624.873.05$43,845
Jul 200125611,97523.933.20$44,411
Jun 200130012,62024.563.82$55,629
May 200130714,71825.524.31$71,230
Apr 200127513,56924.685.34$79,182
Mar 200130714,45524.545.38$85,250
Feb 200131913,60727.755.77$87,325
Jan 200150610,54427.478.40$102,456
Dec 200058113,42526.889.12$138,087
Nov 200060515,81632.215.66$108,974
Oct 200054215,13331.235.15$94,794
Sep 200042111,88231.875.19$75,043
Aug 200062217,89129.644.54$99,675
Jul 200073219,37828.534.09$100,135
Jun 200077618,86429.304.40$105,687
May 200090921,80827.263.68$105,027
Apr 200090220,94524.513.12$87,373
Mar 200086821,85228.422.86$87,160
Feb 200070018,86027.622.73$70,756
Jan 20002422,74425.272.48$57,023
Dec 199999,18724.282.42$22,485
Nov 19991521,81123.192.43$53,436
Oct 19992027,14420.982.80$76,524
Sep 19994027,31521.752.62$72,404
Aug 19993627,94119.262.88$81,041
Jul 19994130,49217.892.37$73,072
Jun 19995031,11615.942.36$74,296
May 19994732,82915.792.32$76,939
Apr 19997632,95415.102.21$73,912
Mar 199960035,08012.471.84$71,971
Feb 199959333,9409.981.82$67,614
Jan 199962436,94810.381.90$76,676
Dec 199864139,1839.201.77$75,381
Nov 199855740,11710.892.19$93,750
Oct 199848342,58012.421.97$89,848
Sep 199844544,39112.592.08$98,052
Aug 199870845,96911.301.91$95,679
Jul 199872549,92211.742.24$120,200
Jun 199881151,26911.242.24$123,818
May 199881749,41412.622.21$119,335
Apr 199892342,53813.042.51$118,608
Mar 199878549,63212.802.31$124,670
Feb 199884946,75713.952.30$119,344
Jan 19981,01456,91714.702.15$137,550
Dec 19971,03460,39616.322.41$162,496
Nov 199795966,16318.193.09$221,773
Oct 199785069,47519.253.15$235,196
Sep 1997071,80917.742.95$212,187
Aug 1997076,26317.862.55$194,832
Jul 1997085,41217.582.25$191,916
Jun 1997087,09117.242.26$196,582
May 1997097,72618.972.31$225,600
Apr 199779100,67417.882.08$211,094
Mar 19972,854109,16018.951.94$265,760
Feb 19972,839104,56620.492.21$288,833
Jan 19973,222119,30523.483.54$497,956
Dec 19963,387123,29123.32$78,985
Nov 19963,348120,82021.97$73,556
Oct 19963,649129,26723.31$85,058
Sep 19963,348129,40422.22$74,393
Aug 19963,636134,35820.26$73,665
Jul 19963,454135,10519.55$67,526
Jun 19963,659134,61218.73$68,533
May 19963,950144,08119.43$76,749
Apr 19964,101139,31121.51$88,213
Mar 19962,387153,16719.38$46,260
Feb 19962,122146,85616.98$36,032
Jan 19962,525161,34817.07$43,102
Dec 19952,692163,41017.19$46,275
Nov 19952,468160,58116.00$39,488
Oct 19952,525167,13715.43$38,961
Sep 19953,041155,20716.18$49,203
Aug 19953,500170,52115.92$55,720
Jul 19953,366156,57215.24$51,298
Jun 19953,546161,68116.41$58,190
May 19953,986174,36817.56$69,994
Apr 19953,413142,83217.73$60,512
Mar 19952,628124,85916.44$43,204
Feb 19952,532118,01016.58$41,981
Jan 19952,897140,97915.92$46,120
Dec 19943,031137,93515.03$45,556
Nov 19942,715124,32615.90$43,169
Oct 19942,877119,32215.58$44,824
Sep 19942,973122,61415.29$45,457
Aug 19943,146143,68716.13$50,745
Jul 19942,941131,01017.56$51,644
Jun 19942,688111,45517.09$45,938
May 19943,231129,65315.88$51,308
Apr 19943,584134,54514.14$50,678
Mar 19943,437127,63312.46$42,825
Feb 19942,908108,37812.50$36,350
Jan 19941545,49712.66$1,950

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.

May 2018 — as filed, then multipliedworked
Condensate             2 bbl  × $ 65.38 =       $131
Gas                    0 Mcf  × $  2.90 =         $0

────────────────────────────────────────────────────
Month total                                     $131

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/148434 is the state's own key, not one this site invented.