BEVAN BROS.

Operated by SHERIDAN PRODUCTION COMPANY, LLC (P-5 775854) in the KINGSVILLE, SW (TAOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196971District 04Field 495163802 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Aug 2003 – Nov 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
148
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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered
2002-01-03
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 2002-05-21.

The Commission's schedule remark for this field reads: 12-1. FOR TEST DUE 6-1 PRIOR TEST TO BE FILED.

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 Gas112005-09-19165098
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
CondensateDisposition74,846 bbl$3,963,391
GasProduction453,222 Mcf$3,039,532
Total$7,002,924

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 27.4566, -97.8910. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45657, -97.89103 · 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
13,600 ft
1 wells filed one
Completion to plug
9.5 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 13,600 ft.

Completions filed
Jun 2004
1 of 1 wells
Plug dates filed
Dec 2013
1 of 1 wells

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-27332393213,600 ftJun 2004Dec 2013Yes

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 (148)

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

148 months

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 2014124090.404.86$11,210
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 201207489.383.40$252
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201201091.612.49$25
Apr 201209101.652.00$18
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 2011022184.983.65$806
Sep 20118022283.623.99$7,574
Aug 20110083.404.15$0
Jul 2011010994.144.52$492
Jun 2011030392.904.64$1,406
May 2011030698.134.40$1,348
Apr 20110265105.964.33$1,148
Mar 20110096.364.06$0
Feb 2011017085.644.18$711
Jan 201119684186.504.59$20,813
Dec 20103871,36585.734.35$39,112
Nov 201019463680.843.80$18,097
Oct 201038854678.103.51$32,219
Sep 201019294272.633.98$17,694
Aug 20101861,12973.684.42$18,694
Jul 20101921,91772.554.74$23,009
Jun 20101831,83870.364.91$21,901
May 20101911,70971.124.24$20,822
Apr 20103431,65381.694.12$34,834
Mar 20101931,62378.394.39$22,252
Feb 20101951,63473.585.44$23,241
Jan 20103861,75374.365.96$39,158
Dec 20091901,63271.445.48$22,523
Nov 200901,60874.593.75$6,032
Oct 20091891,65372.544.11$20,504
Sep 20091932,14465.543.06$19,220
Aug 20091922,08367.423.22$19,649
Jul 20091881,61161.133.46$17,074
Jun 20092002,04666.163.90$21,201
May 20092282,32454.743.93$21,604
Apr 20093872,21046.773.59$26,028
Mar 20092071,81842.144.06$16,102
Feb 20092011,45732.814.63$13,345
Jan 20093861,99235.865.37$24,541
Dec 20082023,34637.105.98$27,494
Nov 20082071,89355.496.86$24,473
Oct 20082002,14875.246.92$29,916
Sep 20081991,211101.767.88$29,789
Aug 20081942,051114.228.48$39,557
Jul 20084282,193131.0811.39$81,079
Jun 20082002,396131.3313.03$57,492
May 20084992,710123.1711.57$92,828
Apr 20084112,489110.3110.45$71,360
Mar 20083232,447101.909.66$56,562
Feb 20083822,25892.538.77$55,150
Jan 20085971,44290.388.21$65,790
Dec 20073773,35888.337.30$57,820
Nov 20073802,69291.677.29$54,464
Oct 20075553,36482.856.92$69,267
Sep 20075533,32975.846.24$62,726
Aug 20075293,57769.066.39$59,382
Jul 20075483,68070.906.39$62,361
Jun 20075663,64562.007.55$62,606
May 20075913,91758.747.85$65,449
Apr 20075854,07459.617.81$66,670
Mar 20078964,26056.927.30$82,107
Feb 20077804,13355.108.22$76,935
Jan 20079413,04450.306.73$67,809
Dec 20069325,34456.656.92$89,770
Nov 20061,2395,06454.207.62$105,729
Oct 20069466,19854.906.01$89,209
Sep 20065775,42660.085.04$61,998
Aug 20061,1036,61968.717.34$124,370
Jul 20069367,13869.376.34$110,205
Jun 20061,3037,07466.286.38$131,522
May 20061,5105,85566.016.42$137,293
Apr 20061,1825,57564.397.36$117,144
Mar 20061,2231,60356.707.08$80,698
Feb 20068995,48857.597.75$94,312
Jan 20061,4966,17060.598.93$145,761
Dec 20051,1487,55054.9413.42$164,357
Nov 20051,1396,58354.6910.59$131,995
Oct 20051,1397,56958.3413.80$170,869
Sep 20059256,46161.4512.08$134,884
Aug 20051,2187,38761.519.80$147,288
Jul 20051,1927,09355.697.84$122,017
Jun 20051,3107,41752.337.38$123,297
May 20051,5397,89345.226.65$122,091
Apr 20051,3508,01649.207.36$125,422
Mar 20051,93010,25550.377.15$170,587
Feb 20051,1448,46145.226.31$105,137
Jan 20051,7299,99843.166.32$137,833
Dec 20041,92310,76839.866.75$149,346
Nov 20041,73012,24045.286.33$155,819
Oct 20042,32613,34949.706.52$202,572
Sep 20042,49414,71143.245.28$185,572
Aug 20042,88118,19742.375.55$223,073
Jul 20045,49724,08438.286.08$356,957
Jun 20046307,46436.106.43$70,759
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 200310028.804.60$288
Oct 20037094,84828.174.76$43,047
Sep 20032,97026,39726.314.75$203,510
Aug 20037,43347,41729.765.13$464,442

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.

Jan 2014 — as filed, then multipliedworked
Condensate           124 bbl  × $ 90.40 =    $11,210
Gas                    0 Mcf  × $  4.86 =         $0

────────────────────────────────────────────────────
Month total                                  $11,210

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/196971 is the state's own key, not one this site invented.