BHE

Operated by TARE RESOURCES, LLC (P-5 836026) in the VAQUILLAS RANCH (LOBO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263598District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Jun 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
180
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 909 leases and 909 wells, and the rule below applies to all of them.

Discovered
1998-02-24
as the register files it
Field class
Oil and 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 2010-11-02.

The Commission's schedule remark for this field reads: NO P-15 OR PLAT REQUIRED.

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 Gas112012-10-15207463
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
CondensateDisposition4,729 bbl$400,561
GasProduction530,385 Mcf$1,817,269
Total$2,217,830

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 27.7446, -98.9780. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.74462, -98.97798 · 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
9,517 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 9,517 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-4794126919,517 ftJun 2011

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 (180)

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

180 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202501560.553.23$48
Apr 202504862.363.54$170
Mar 202504567.704.27$192
Feb 202507170.884.34$308
Jan 202501074.324.28$43
Dec 202401968.993.12$59
Nov 20240069.052.20$0
Oct 202407671.372.28$173
Sep 202405169.612.36$121
Aug 202404775.632.06$97
Jul 202415779.932.15$202
Jun 20240078.082.63$0
May 202406178.812.20$134
Apr 202405684.451.66$93
Mar 202419980.301.55$233
Feb 2024011076.091.78$196
Jan 202409273.023.30$303
Dec 202308771.262.61$227
Nov 202302877.892.81$79
Oct 202315785.443.09$261
Sep 202307889.042.74$213
Aug 2023113980.522.67$452
Jul 2023022674.852.64$597
Jun 2023014868.962.26$334
May 202324570.622.23$241
Apr 2023017978.122.24$401
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022010115.097.98$80
May 202200109.378.43$0
Apr 2022030104.226.84$205
Mar 2022042108.885.08$213
Feb 20221091.054.86$91
Jan 2022115181.844.54$767
Dec 202123271.323.90$267
Nov 202103477.435.24$178
Oct 2021016279.795.71$926
Sep 2021319569.865.35$1,253
Aug 2021567066.024.22$3,158
Jul 2021027170.783.98$1,079
Jun 2021035569.493.38$1,200
May 2021650363.483.02$1,899
Apr 2021024560.362.76$676
Mar 2021845461.302.72$1,724
Feb 2021032457.805.55$1,798
Jan 2021536150.412.81$1,267
Dec 2020932944.642.68$1,282
Nov 2020055638.772.71$1,505
Oct 2020357536.972.48$1,536
Sep 2020030437.091.99$605
Aug 2020226539.982.39$712
Jul 2020037638.371.83$686
Jun 20201074334.901.69$1,605
May 2020037116.921.81$673
Apr 2020736214.751.80$756
Mar 2020054930.341.86$1,019
Feb 2020074449.881.98$1,474
Jan 2020037757.252.09$790
Dec 2019053359.012.30$1,228
Nov 2019052355.302.75$1,439
Oct 20193526053.472.42$2,500
Sep 2019025855.052.66$686
Aug 201911225353.112.30$6,531
Jul 20198819456.272.46$5,429
Jun 2019038752.782.49$964
May 2019628958.482.74$1,143
Apr 2019245462.632.75$1,374
Mar 2019047356.803.06$1,448
Feb 2019440950.852.79$1,345
Jan 2019014646.033.23$471
Dec 201806446.594.19$268
Nov 2018011452.934.24$483
Oct 2018034961.443.40$1,186
Sep 2018033959.543.11$1,054
Aug 2018028359.403.07$868
Jul 2018026865.142.93$786
Jun 2018019960.183.08$612
May 201814612065.382.90$9,894
Apr 2018459663.842.90$1,984
Mar 2018227461.222.79$886
Feb 2018026661.782.77$736
Jan 2018030562.874.01$1,223
Dec 2017848657.272.92$1,878
Nov 2017333655.423.12$1,214
Oct 2017350349.292.98$1,649
Sep 2017029147.523.09$898
Aug 2017047845.373.00$1,436
Jul 2017057143.873.09$1,763
Jun 2017137342.493.09$1,194
May 2017027545.373.26$897
Apr 2017041447.933.21$1,330
Mar 20170046.772.98$0
Feb 201716450.452.95$239
Jan 2017040949.413.42$1,398
Dec 201617924048.763.72$9,622
Nov 2016422642.492.64$768
Oct 2016171,16046.193.09$4,370
Sep 201603,71141.553.10$11,506
Aug 2016365041.442.92$2,025
Jul 2016363841.622.92$1,991
Jun 2016346845.352.69$1,393
May 2016077842.521.99$1,549
Apr 2016779536.561.99$1,839
Mar 2016395033.011.79$1,803
Feb 2016368426.472.06$1,491
Jan 2016370227.352.36$1,742
Dec 2015284332.362.00$1,752
Nov 2015061038.792.17$1,322
Oct 2015267543.552.43$1,725
Sep 2015382042.992.76$2,391
Aug 2015279140.162.87$2,352
Jul 201511,02648.152.95$3,070
Jun 2015043356.152.88$1,248
May 201531,01155.212.96$3,154
Apr 201551,78749.822.71$5,086
Mar 201501,05342.892.93$3,090
Feb 2015468144.662.98$2,205
Jan 2015063243.433.10$1,960
Dec 2014469354.693.59$2,708
Nov 2014092870.464.25$3,946
Oct 2014590478.303.90$3,918
Sep 201431,18586.164.05$5,052
Aug 201431,60489.394.04$6,741
Jul 201414882996.564.18$17,756
Jun 2014771498.164.74$4,069
May 201441,28494.734.73$6,448
Apr 201402,01495.944.81$9,686
Mar 201402,04395.895.06$10,331
Feb 201402,30897.406.19$14,291
Jan 2014083890.404.86$4,073
Dec 201302,43791.824.35$10,612
Nov 201302,77488.853.74$10,370
Oct 201303,29197.423.78$12,438
Sep 201303,512104.113.72$13,057
Aug 201304,028104.253.52$14,189
Jul 201305,033102.523.72$18,711
Jun 20131074,92494.403.93$29,469
May 201306,57494.834.15$27,276
Apr 201307,24293.964.28$31,015
Mar 201308,45493.623.91$33,079
Feb 201308,44791.233.42$28,888
Jan 201308,66991.603.42$29,647
Dec 2012010,28786.773.42$35,183
Nov 201208,82286.953.62$31,979
Oct 201216614,43189.383.40$63,898
Sep 2012016,56194.672.92$48,332
Aug 201206,72092.662.91$19,543
Jul 2012017,92185.133.02$54,136
Jun 2012023,52579.822.52$59,260
May 201216623,54291.612.49$73,787
Apr 201217523,892101.652.00$65,496
Mar 201209,960105.052.22$22,132
Feb 201218316,364101.102.57$60,561
Jan 201218117,31398.092.73$65,089
Dec 201118121,81096.873.24$88,192
Nov 201135922,83795.723.31$109,983
Oct 201135928,90484.983.65$135,965
Sep 201153635,30483.623.99$185,535
Aug 201189354,18783.404.15$299,315
Jul 201151950,19694.144.52$275,606
Jun 201102,92692.904.64$13,576

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.55 =         $0
Gas                   15 Mcf  × $  3.23 =        $48

────────────────────────────────────────────────────
Month total                                      $48

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/263598 is the state's own key, not one this site invented.