DESPAIN

Operated by BLUESTONE NATURAL RESOURCES, LLC (P-5 76855) in the BLACK CREEK (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 152432District 04Field 085201502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Nov 1994 – Mar 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 29 leases and 29 wells, and the rule below applies to all of them.

Discovered
1992-09-16
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 40 acres. The field rule took effect on 1992-12-21.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA ADMINISTRATIVELY SUSPENDED EFFECTIVE 10/1/95.

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 Gas111995-04-19131214
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
CondensateDisposition5,964 bbl$139,899
GasProduction483,889 Mcf$1,322,293
Total$1,462,192

184,542 Mcf of this lease's gas, across 26 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 27.8013, -98.9738. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.80134, -98.97377 · 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
9,190 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 9,190 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-4793578089,190 ftJun 2012Yes

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 (221)

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

221 months

Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 201112094.144.52$1,130
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011089696.364.06$3,635
Feb 2011060785.644.18$2,537
Jan 201101,08586.504.59$4,979
Dec 2010131,12585.734.35$6,006
Nov 20102076780.843.80$4,528
Oct 2010073278.103.51$2,569
Sep 2010074472.633.98$2,961
Aug 2010098373.684.42$4,344
Jul 201001,03672.554.74$4,907
Jun 2010088670.364.91$4,351
May 2010098871.124.24$4,184
Apr 2010099081.694.12$4,081
Mar 201001,23978.394.39$5,438
Feb 201001,10373.585.44$6,003
Jan 2010231,10674.365.96$8,307
Dec 200901,10271.445.48$6,043
Nov 2009094474.593.75$3,541
Oct 2009088472.544.11$3,633
Sep 200901,04765.543.06$3,209
Aug 200901,04067.423.22$3,347
Jul 2009089561.133.46$3,101
Jun 200901,31466.163.90$5,118
May 200901,22354.743.93$4,801
Apr 200901,06846.773.59$3,831
Mar 2009098442.144.06$3,994
Feb 20094598332.814.63$6,031
Jan 200901,17935.865.37$6,332
Dec 2008096337.105.98$5,756
Nov 2008097355.496.86$6,675
Oct 20083998475.246.92$9,746
Sep 20080969101.767.88$7,633
Aug 20080961114.228.48$8,152
Jul 20080987131.0811.39$11,241
Jun 200824895131.3313.03$14,816
May 20080943123.1711.57$10,915
Apr 200801,025110.3110.45$10,716
Mar 200801,131101.909.66$10,930
Feb 2008099692.538.77$8,736
Jan 200801,17390.388.21$9,625
Dec 2007481,25388.337.30$13,389
Nov 200701,21791.677.29$8,874
Oct 200701,12182.856.92$7,760
Sep 200701,21975.846.24$7,612
Aug 200701,36369.066.39$8,707
Jul 200701,21270.906.39$7,742
Jun 2007098262.007.55$7,413
May 200701,05358.747.85$8,262
Apr 2007741,08559.617.81$12,880
Mar 200701,22856.927.30$8,967
Feb 200701,02955.108.22$8,454
Jan 2007891,22750.306.73$12,731
Dec 200601,38656.656.92$9,589
Nov 200601,30954.207.62$9,971
Oct 2006841,04754.906.01$10,908
Sep 200601,04060.085.04$5,239
Aug 200601,27268.717.34$9,336
Jul 200601,22869.376.34$7,789
Jun 200601,32566.286.38$8,459
May 200601,52266.016.42$9,779
Apr 200601,39264.397.36$10,246
Mar 200601,38956.707.08$9,838
Feb 200601,23157.597.75$9,542
Jan 200641,36560.598.93$12,436
Dec 200501,41254.9413.42$18,943
Nov 200501,35254.6910.59$14,316
Oct 200501,44858.3413.80$19,976
Sep 200591,36561.4512.08$17,041
Aug 200501,25661.519.80$12,305
Jul 200501,37455.697.84$10,777
Jun 200501,20652.337.38$8,902
May 200501,63345.226.65$10,861
Apr 2005231,33149.207.36$10,928
Mar 200501,47450.377.15$10,546
Feb 200501,36745.226.31$8,628
Jan 2005731,22843.166.32$10,914
Dec 200401,70739.866.75$11,524
Nov 200401,64845.286.33$10,433
Oct 2004981,66049.706.52$15,686
Sep 200401,46243.245.28$7,725
Aug 200401,55542.375.55$8,631
Jul 200401,32038.286.08$8,031
Jun 200401,33236.106.43$8,569
May 20041131,46137.486.49$13,724
Apr 200401,38134.475.86$8,091
Mar 2004731,46334.365.53$10,599
Feb 200401,39432.455.51$7,680
Jan 200401,41832.036.30$8,933
Dec 200301,39230.266.30$8,772
Nov 200301,32128.804.60$6,070
Oct 200301,48628.174.76$7,073
Sep 200301,43426.314.75$6,811
Aug 200301,49429.765.13$7,664
Jul 200301,50829.415.17$7,798
Jun 200301,43428.565.98$8,580
May 200301,56826.595.97$9,365
Apr 20031101,59026.675.41$11,531
Mar 200301,65831.146.10$10,107
Feb 200301,28933.487.93$10,216
Jan 200301,47330.315.58$8,222
Dec 200201,53126.914.85$7,431
Nov 200201,55124.664.14$6,416
Oct 2002231,46726.464.23$6,813
Sep 2002141,26927.443.64$4,997
Aug 200201,71025.963.16$5,411
Jul 200201,64124.583.06$5,024
Jun 200201,71023.733.34$5,708
May 200211,75524.663.58$6,315
Apr 200201,69523.653.51$5,953
Mar 200201,62922.003.10$5,054
Feb 200201,68618.222.38$4,005
Jan 200211,74817.172.38$4,170
Dec 200101,80116.932.36$4,258
Nov 200121,68818.072.41$4,097
Oct 200101,80419.782.53$4,562
Sep 200101,65624.262.25$3,728
Aug 200101,80924.873.05$5,523
Jul 200102,01423.933.20$6,439
Jun 200101,84724.563.82$7,063
May 200101,90625.524.31$8,210
Apr 2001131,82924.685.34$10,079
Mar 2001202,11824.545.38$11,878
Feb 200101,89827.755.77$10,946
Jan 200102,03327.478.40$17,075
Dec 2000301,92426.889.12$18,358
Nov 2000351,91732.215.66$11,974
Oct 200002,07431.235.15$10,672
Sep 200002,01731.875.19$10,461
Aug 200002,17329.644.54$9,867
Jul 200002,27128.534.09$9,288
Jun 2000302,17329.304.40$10,434
May 200002,14727.263.68$7,900
Apr 2000281,94124.513.12$6,734
Mar 200002,28128.422.86$6,523
Feb 200002,17027.622.73$5,917
Jan 200002,34025.272.48$5,804
Dec 199902,26524.282.42$5,490
Nov 199902,01923.192.43$4,914
Oct 199901,65820.982.80$4,649
Sep 199902,38821.752.62$6,254
Aug 199902,62819.262.88$7,557
Jul 199902,60017.892.37$6,168
Jun 199902,64415.942.36$6,245
May 199902,68015.792.32$6,220
Apr 199902,65515.102.21$5,862
Mar 199902,57812.471.84$4,739
Feb 199962,5739.981.82$4,737
Jan 1999462,96510.381.90$6,111
Dec 1998483,0599.201.77$5,866
Nov 199802,92610.892.19$6,395
Oct 1998502,94012.421.97$6,410
Sep 199802,97612.592.08$6,198
Aug 199803,37711.301.91$6,441
Jul 1998823,41511.742.24$8,603
Jun 199803,50011.242.24$7,830
May 1998803,53212.622.21$8,802
Apr 199803,27413.042.51$8,202
Mar 1998743,50612.802.31$9,044
Feb 1998573,23613.952.30$8,235
Jan 1998523,54914.702.15$8,412
Dec 1997843,46416.322.41$9,723
Nov 199703,17018.193.09$9,790
Oct 19971083,48819.253.15$13,066
Sep 1997503,55017.742.95$11,377
Aug 1997493,36917.862.55$9,482
Jul 1997293,65017.582.25$8,711
Jun 1997293,54317.242.26$8,497
May 1997283,70518.972.31$9,084
Apr 1997283,51917.882.08$7,830
Mar 1997283,77418.951.94$7,849
Feb 1997303,41920.492.21$8,157
Jan 1997754,19123.483.54$16,596
Dec 1996414,02523.32$956
Nov 1996413,97021.97$901
Oct 1996424,29423.31$979
Sep 1996834,23622.22$1,844
Aug 1996424,61420.26$851
Jul 19961154,47219.55$2,248
Jun 19963324,43818.73$6,218
May 19961704,54319.43$3,303
Apr 19963424,93621.51$7,356
Mar 19963224,82519.38$6,240
Feb 19963384,75216.98$5,739
Jan 19963385,01217.07$5,770
Dec 19953365,60117.19$5,776
Nov 19951065,91816.00$1,696
Oct 19951116,36415.43$1,713
Sep 19951116,44416.18$1,796
Aug 1995976,81415.92$1,544
Jul 19951656,38215.24$2,515
Jun 19951427,88516.41$2,330
May 1995607,52417.56$1,054
Apr 1995868,46617.73$1,525
Mar 1995549,97816.44$888
Feb 19958010,46416.58$1,326
Jan 19959613,50115.92$1,528
Dec 19947621,97815.03$1,142
Nov 19943413,10615.90$541

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.

Jul 2011 — as filed, then multipliedworked
Condensate            12 bbl  × $ 94.14 =     $1,130
Gas                    0 Mcf  × $  4.52 =         $0

────────────────────────────────────────────────────
Month total                                   $1,130

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/152432 is the state's own key, not one this site invented.