BASS, VELMA

Operated by TREK RESOURCES, INC. (P-5 867578) in the GREGG WOOD (1400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158198District 04Field 36795540CondensateGasSaveExport
Value, all time
$69 k
Oct 1995 – May 2016
Value, last 12 filed months
$0
at the published price for each month
Months reported
248
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
1975-06-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1988-11-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/97.

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
CondensateDisposition31 bbl$682
GasProduction83,141 Mcf$68,720
Total$69,402

59,677 Mcf of this lease's gas, across 15 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 26.3380, -98.7782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.33801, -98.77825 · 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
1,550 ft
1 wells filed one
Completion to plug
20.6 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 1,550 ft.

Completions filed
Oct 1995
1 of 1 wells
Plug dates filed
May 2016
1 of 1 wells

Last completion to plug: a median of 20.6 years across the 1 well that filed both dates, with the middle half between 20.6 years and 20.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4273239211,550 ftOct 1995May 2016Yes

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 (248)

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

248 months

May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
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 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 200409034.365.53$498
Feb 2004014532.455.51$799
Jan 20040032.036.30$0
Dec 200306830.266.30$429
Nov 200307028.804.60$322
Oct 200308528.174.76$405
Sep 2003010026.314.75$475
Aug 200307829.765.13$400
Jul 20030029.415.17$0
Jun 2003030328.565.98$1,813
May 2003036226.595.97$2,162
Apr 200308226.675.41$443
Mar 200306931.146.10$421
Feb 200302533.487.93$198
Jan 2003043230.315.58$2,411
Dec 2002043126.914.85$2,092
Nov 2002027824.664.14$1,150
Oct 200208226.464.23$347
Sep 2002045727.443.64$1,661
Aug 200202225.963.16$70
Jul 20020624.583.06$18
Jun 200202223.733.34$73
May 200202124.663.58$75
Apr 2002024023.653.51$843
Mar 20023146022.003.10$2,109
Feb 2002018518.222.38$440
Jan 200205817.172.38$138
Dec 2001056616.932.36$1,338
Nov 200103818.072.41$91
Oct 2001027719.782.53$701
Sep 2001012224.262.25$275
Aug 2001019324.873.05$589
Jul 2001053723.933.20$1,717
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 200101524.685.34$80
Mar 2001015224.545.38$817
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 200002232.215.66$124
Oct 2000027131.235.15$1,394
Sep 2000012131.875.19$628
Aug 2000044629.644.54$2,025
Jul 2000025728.534.09$1,051
Jun 200002829.304.40$123
May 2000018927.263.68$695
Apr 200009024.513.12$280
Mar 200004628.422.86$132
Feb 20000027.622.73$0
Jan 2000026125.272.48$647
Dec 1999030724.282.42$744
Nov 1999067423.192.43$1,641
Oct 1999093020.982.80$2,607
Sep 1999082621.752.62$2,163
Aug 1999019519.262.88$561
Jul 1999035517.892.37$842
Jun 1999026915.942.36$635
May 1999051715.792.32$1,200
Apr 1999062615.102.21$1,382
Mar 1999029212.471.84$537
Feb 19990889.981.82$160
Jan 1999013510.381.90$256
Dec 199802049.201.77$362
Nov 19980010.892.19$0
Oct 1998037912.421.97$746
Sep 1998021312.592.08$444
Aug 1998013511.301.91$257
Jul 1998050311.742.24$1,125
Jun 1998032611.242.24$729
May 1998035012.622.21$772
Apr 199807213.042.51$180
Mar 1998011012.802.31$254
Feb 1998030213.952.30$694
Jan 1998041414.702.15$892
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 1997010917.742.95$322
Aug 199706417.862.55$164
Jul 1997086417.582.25$1,941
Jun 199701,09317.242.26$2,467
May 1997096718.972.31$2,232
Apr 1997094217.882.08$1,962
Mar 199701,13118.951.94$2,193
Feb 199701,20020.492.21$2,647
Jan 199701,07023.483.54$3,787
Dec 199601,43423.32$0
Nov 1996054621.97$0
Oct 1996052723.31$0
Sep 199601,24122.22$0
Aug 199601,13920.26$0
Jul 199603,03719.55$0
Jun 199603,91218.73$0
May 199605,53319.43$0
Apr 199607,01421.51$0
Mar 199606,20119.38$0
Feb 199606,76416.98$0
Jan 199605,94717.07$0
Dec 199507,37917.19$0
Nov 199504,94316.00$0
Oct 199504,06015.43$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.

Mar 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.36 =         $0
Gas                   90 Mcf  × $  5.53 =       $498

────────────────────────────────────────────────────
Month total                                     $498

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/158198 is the state's own key, not one this site invented.