YZAGUIRRE, J.

Operated by BEEHIVE OPERATING, LLC (P-5 61750) in the BOB WEST (L-12, 13, 14, 15) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148508District 04Field 100411512 tax incentive programmesGasSaveExport
Value, all time
$1.8 M
Feb 1994 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
388
no gaps in the span
Streams
1
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 87 leases and 87 wells, and the rule below applies to all of them.

Discovered
1996-12-27
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2008-04-24.

The Commission's schedule remark for this field reads: REMAIN 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111995-07-24132316
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
GasProduction1,426,643 Mcf$1,829,997
Total$1,829,997

922,614 Mcf of this lease's gas, across 34 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 26.6036, -99.1489. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.60357, -99.14889 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,509 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
00.0%
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.
1100.0%

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 11,509 ft.

Completions filed
Feb 1994
1 of 1 wells

1 well

42-50533117811,509 ftFeb 1994

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 (388)

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

388 months

May 20260106.413.05$0
Apr 202612198.932.87$347
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 202622259.138.00$1,776
Dec 202554356.664.41$2,396
Nov 20252058.593.93$79
Oct 2025059.383.30$0
Sep 20256362.743.08$194
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 202529860.553.23$963
Apr 202522662.363.54$801
Mar 202545167.704.27$1,925
Feb 202510570.884.34$456
Jan 20258474.324.28$359
Dec 202460968.993.12$1,901
Nov 202415369.052.20$336
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 20241875.632.06$37
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024484.451.66$7
Mar 2024480.301.55$6
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023471.262.61$10
Nov 2023077.892.81$0
Oct 2023885.443.09$25
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023868.962.26$18
May 20231570.622.23$33
Apr 20231978.122.24$43
Mar 20231472.852.39$34
Feb 20231275.112.47$30
Jan 2023876.533.39$27
Dec 20221076.415.73$57
Nov 20221185.005.65$62
Oct 2022787.185.86$41
Sep 2022484.888.16$33
Aug 2022894.529.13$73
Jul 20224101.587.54$30
Jun 20228115.097.98$64
May 20220109.378.43$0
Apr 202214104.226.84$96
Mar 20223108.885.08$15
Feb 2022291.054.86$10
Jan 2022381.844.54$14
Dec 2021771.323.90$27
Nov 2021777.435.24$37
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 20211266.024.22$51
Jul 20214270.783.98$167
Jun 20214669.493.38$156
May 20214363.483.02$130
Apr 20214060.362.76$110
Mar 20214361.302.72$117
Feb 20214357.805.55$239
Jan 20215050.412.81$141
Dec 20204544.642.68$120
Nov 20204438.772.71$119
Oct 20204236.972.48$104
Sep 20204337.091.99$86
Aug 20204939.982.39$117
Jul 20206838.371.83$124
Jun 20205534.901.69$93
May 20205616.921.81$102
Apr 20202214.751.80$40
Mar 2020030.341.86$0
Feb 20201149.881.98$22
Jan 2020057.252.09$0
Dec 2019859.012.30$18
Nov 20191055.302.75$28
Oct 20194253.472.42$102
Sep 2019055.052.66$0
Aug 20191953.112.30$44
Jul 2019656.272.46$15
Jun 20193152.782.49$77
May 20193858.482.74$104
Apr 20196662.632.75$182
Mar 20197256.803.06$220
Feb 201911650.852.79$324
Jan 20195246.033.23$168
Dec 20182546.594.19$105
Nov 2018052.934.24$0
Oct 20184061.443.40$136
Sep 20185659.543.11$174
Aug 20183659.403.07$110
Jul 20189065.142.93$264
Jun 20186260.183.08$191
May 201812565.382.90$363
Apr 20186363.842.90$183
Mar 20183561.222.79$98
Feb 201824461.782.77$675
Jan 201829262.874.01$1,171
Dec 201714757.272.92$429
Nov 20177355.423.12$228
Oct 20173049.292.98$90
Sep 20173747.523.09$114
Aug 20173245.373.00$96
Jul 20175043.873.09$154
Jun 20176542.493.09$201
May 20174445.373.26$144
Apr 20176247.933.21$199
Mar 20175446.772.98$161
Feb 20173050.452.95$89
Jan 20173949.413.42$133
Dec 20165248.763.72$194
Nov 20166042.492.64$159
Oct 20166146.193.09$189
Sep 20161941.553.10$59
Aug 20165841.442.92$170
Jul 2016041.622.92$0
Jun 201619145.352.69$513
May 201613042.521.99$259
Apr 201612236.561.99$243
Mar 20162433.011.79$43
Feb 20161626.472.06$33
Jan 20163427.352.36$80
Dec 20157532.362.00$150
Nov 20154538.792.17$98
Oct 201514243.552.43$345
Sep 201510942.992.76$301
Aug 201515040.162.87$431
Jul 201519448.152.95$571
Jun 201511256.152.88$323
May 201510455.212.96$307
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 20148595.944.81$409
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 20121492.662.91$41
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 201231105.052.22$69
Feb 20128101.102.57$21
Jan 2012098.092.73$0
Dec 2011896.873.24$26
Nov 2011095.723.31$0
Oct 20111884.983.65$66
Sep 20111683.623.99$64
Aug 20111983.404.15$79
Jul 20113194.144.52$140
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20118105.964.33$35
Mar 20111796.364.06$69
Feb 20111085.644.18$42
Jan 20111286.504.59$55
Dec 20103785.734.35$161
Nov 20103680.843.80$137
Oct 2010078.103.51$0
Sep 20103472.633.98$135
Aug 20101973.684.42$84
Jul 20106572.554.74$308
Jun 20101070.364.91$49
May 20104371.124.24$182
Apr 20101181.694.12$45
Mar 20102878.394.39$123
Feb 20101973.585.44$103
Jan 20102174.365.96$125
Dec 20092071.445.48$110
Nov 20092274.593.75$83
Oct 20093572.544.11$144
Sep 20092365.543.06$70
Aug 20091767.423.22$55
Jul 20091061.133.46$35
Jun 20093066.163.90$117
May 2009754.743.93$27
Apr 20091746.773.59$61
Mar 20091942.144.06$77
Feb 20091932.814.63$88
Jan 20091035.865.37$54
Dec 200864037.105.98$3,825
Nov 20082055.496.86$137
Oct 20081775.246.92$118
Sep 200820101.767.88$158
Aug 200830114.228.48$254
Jul 20080131.0811.39$0
Jun 200822131.3313.03$287
May 200812123.1711.57$139
Apr 200810110.3110.45$105
Mar 200826101.909.66$251
Feb 20081292.538.77$105
Jan 20081290.388.21$98
Dec 20071988.337.30$139
Nov 20071691.677.29$117
Oct 20072182.856.92$145
Sep 20071175.846.24$69
Aug 200786669.066.39$5,532
Jul 20071370.906.39$83
Jun 200728862.007.55$2,174
May 200763358.747.85$4,967
Apr 20072359.617.81$180
Mar 20073956.927.30$285
Feb 2007055.108.22$0
Jan 20071350.306.73$87
Dec 20064256.656.92$291
Nov 200611454.207.62$868
Oct 200613154.906.01$788
Sep 200651660.085.04$2,599
Aug 20061,61968.717.34$11,883
Jul 200673769.376.34$4,675
Jun 20061,31266.286.38$8,376
May 20061,42766.016.42$9,168
Apr 20061,01864.397.36$7,493
Mar 20062,34256.707.08$16,588
Feb 20062,61257.597.75$20,246
Jan 20062,02860.598.93$18,117
Dec 20051,97754.9413.42$26,522
Nov 20051,44854.6910.59$15,332
Oct 20052,24458.3413.80$30,958
Sep 20052,23461.4512.08$26,984
Aug 20052,74061.519.80$26,843
Jul 20051,52655.697.84$11,969
Jun 20051,49352.337.38$11,020
May 20052,58945.226.65$17,220
Apr 20052,08249.207.36$15,325
Mar 20052,33250.377.15$16,685
Feb 20052,26345.226.31$14,284
Jan 20052,11243.166.32$13,352
Dec 20042,31739.866.75$15,642
Nov 20041,57645.286.33$9,977
Oct 20042,30149.706.52$14,991
Sep 20042,40943.245.28$12,729
Aug 20042,05342.375.55$11,396
Jul 20042,22938.286.08$13,562
Jun 20042,35336.106.43$15,137
May 20042,31537.486.49$15,035
Apr 20042,23434.475.86$13,088
Mar 20042,76634.365.53$15,296
Feb 20042,08932.455.51$11,510
Jan 20042,46332.036.30$15,516
Dec 20032,05930.266.30$12,975
Nov 20033,24428.804.60$14,907
Oct 20031,58228.174.76$7,530
Sep 20032,63126.314.75$12,496
Aug 20032,41729.765.13$12,399
Jul 20034,06529.415.17$21,019
Jun 20032,07328.565.98$12,403
May 20032,11526.595.97$12,632
Apr 20032,19926.675.41$11,891
Mar 20032,22031.146.10$13,533
Feb 20032,00733.487.93$15,907
Jan 20033,83330.315.58$21,396
Dec 20023,15326.914.85$15,304
Nov 20022,32424.664.14$9,614
Oct 20023,39926.464.23$14,375
Sep 20021,68127.443.64$6,111
Aug 20021,86325.963.16$5,895
Jul 20022,20424.583.06$6,748
Jun 20022,88523.733.34$9,631
May 20023,48424.663.58$12,487
Apr 20022,22323.653.51$7,808
Mar 20022,88122.003.10$8,939
Feb 20022,11318.222.38$5,020
Jan 20023,79417.172.38$9,013
Dec 20013,29116.932.36$7,781
Nov 20012,94818.072.41$7,091
Oct 20012,82719.782.53$7,149
Sep 20013,39424.262.25$7,641
Aug 20013,48124.873.05$10,628
Jul 20013,67223.933.20$11,740
Jun 20013,32324.563.82$12,708
May 20013,76625.524.31$16,221
Apr 20014,22024.685.34$22,515
Mar 20014,03524.545.38$21,694
Feb 20013,55527.755.77$20,502
Jan 20013,92927.478.40$32,999
Dec 20004,22026.889.12$38,497
Nov 20003,63532.215.66$20,567
Oct 20002,10231.235.15$10,816
Sep 20002,49231.875.19$12,925
Aug 20002,63529.644.54$11,965
Jul 20003,07928.534.09$12,592
Jun 20003,14729.304.40$13,838
May 20003,28827.263.68$12,099
Apr 20003,29224.513.12$10,258
Mar 20003,69128.422.86$10,555
Feb 20003,66427.622.73$9,990
Jan 20004,11125.272.48$10,197
Dec 19994,20624.282.42$10,194
Nov 19994,33923.192.43$10,561
Oct 19994,75020.982.80$13,318
Sep 19994,48621.752.62$11,748
Aug 19994,78719.262.88$13,766
Jul 19994,94917.892.37$11,741
Jun 19994,78015.942.36$11,291
May 19995,32215.792.32$12,352
Apr 19995,33515.102.21$11,780
Mar 19995,85212.471.84$10,758
Feb 19995,5859.981.82$10,152
Jan 19996,49810.381.90$12,346
Dec 19986,6209.201.77$11,739
Nov 19986,58310.892.19$14,389
Oct 19986,98812.421.97$13,761
Sep 19987,01312.592.08$14,605
Aug 19987,82911.301.91$14,933
Jul 19987,40011.742.24$16,556
Jun 19987,71811.242.24$17,267
May 19988,76012.622.21$19,328
Apr 19989,06613.042.51$22,713
Mar 19989,24912.802.31$21,360
Feb 19988,73913.952.30$20,092
Jan 19989,58114.702.15$20,645
Dec 19979,98016.322.41$24,063
Nov 199710,22218.193.09$31,568
Oct 199711,50619.253.15$36,242
Sep 199710,92717.742.95$32,288
Aug 199712,49417.862.55$31,919
Jul 199713,15717.582.25$29,563
Jun 199711,97117.242.26$27,021
May 199713,03418.972.31$30,089
Apr 199713,86517.882.08$28,878
Mar 199715,98718.951.94$31,001
Feb 19972,17520.492.21$4,798
Jan 199765523.483.54$2,319
Dec 199623,33423.32$0
Nov 199620,09721.97$0
Oct 19963,69223.31$0
Sep 199612,86922.22$0
Aug 199616,25420.26$0
Jul 199617,12219.55$0
Jun 199616,18918.73$0
May 199617,46819.43$0
Apr 199616,21221.51$0
Mar 199618,89019.38$0
Feb 199619,13016.98$0
Jan 199618,99117.07$0
Dec 199520,37117.19$0
Nov 199517,61016.00$0
Oct 199522,06415.43$0
Sep 199521,38116.18$0
Aug 199523,10215.92$0
Jul 199523,14015.24$0
Jun 199527,33116.41$0
May 199523,61717.56$0
Apr 199522,77317.73$0
Mar 199525,71216.44$0
Feb 199524,35216.58$0
Jan 199530,60915.92$0
Dec 199435,92715.03$0
Nov 199433,43215.90$0
Oct 199453,04015.58$0
Sep 199420,67115.29$0
Aug 1994016.13$0
Jul 199435,16417.56$0
Jun 199438,17417.09$0
May 199458,40915.88$0
Apr 199466,94814.14$0
Mar 199488,84412.46$0
Feb 19949,69512.50$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.

Apr 2026 — as filed, then multipliedworked
Gas                  121 Mcf  × $  2.87 =       $347

────────────────────────────────────────────────────
Month total                                     $347

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/148508 is the state's own key, not one this site invented.