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 263769District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Nov 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
175
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 Gas112012-12-20207175
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
CondensateDisposition6,405 bbl$578,483
GasProduction717,146 Mcf$2,200,594
Total$2,779,076

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 27.7390, -98.9742. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73901, -98.97424 · 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
9,506 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 9,506 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-4794152949,506 ftNov 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 (175)

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

175 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 202502460.553.23$78
Apr 202508062.363.54$283
Mar 202503967.704.27$166
Feb 2025213870.884.34$741
Jan 2025020074.324.28$856
Dec 20240068.993.12$0
Nov 2024014869.052.20$325
Oct 202406571.372.28$148
Sep 202405869.612.36$137
Aug 202405575.632.06$114
Jul 202407679.932.15$163
Jun 20240078.082.63$0
May 202403878.812.20$84
Apr 202404884.451.66$80
Mar 20240480.301.55$6
Feb 202401876.091.78$32
Jan 202405973.023.30$195
Dec 202305271.262.61$136
Nov 202303677.892.81$101
Oct 202319285.443.09$369
Sep 202304689.042.74$126
Aug 202319280.522.67$326
Jul 2023019774.852.64$520
Jun 202303068.962.26$68
May 202311570.622.23$104
Apr 202306978.122.24$154
Mar 202316472.852.39$226
Feb 202309375.112.47$229
Jan 202308276.533.39$278
Dec 2022012476.415.73$710
Nov 20223085.005.65$255
Oct 2022028587.185.86$1,671
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220106101.587.54$799
Jun 20221110115.097.98$993
May 2022048109.378.43$405
Apr 2022173104.226.84$603
Mar 2022052108.885.08$264
Feb 2022115391.054.86$834
Jan 2022113681.844.54$699
Dec 202118071.323.90$383
Nov 2021014077.435.24$733
Oct 2021012079.795.71$686
Sep 2021113669.865.35$798
Aug 2021317766.024.22$945
Jul 202109070.783.98$358
Jun 202107369.493.38$247
May 2021144363.483.02$1,400
Apr 2021014660.362.76$403
Mar 202125461.302.72$269
Feb 202109857.805.55$544
Jan 202115350.412.81$199
Dec 202025444.642.68$234
Nov 2020012938.772.71$349
Oct 2020115936.972.48$431
Sep 202008037.091.99$159
Aug 202015739.982.39$176
Jul 2020014338.371.83$261
Jun 2020413934.901.69$375
May 2020030616.921.81$555
Apr 2020111414.751.80$220
Mar 202009230.341.86$171
Feb 2020010549.881.98$208
Jan 2020014557.252.09$304
Dec 201903459.012.30$78
Nov 201909555.302.75$261
Oct 2019309953.472.42$1,844
Sep 2019010055.052.66$266
Aug 2019018853.112.30$433
Jul 2019012056.272.46$295
Jun 2019025452.782.49$633
May 201935258.482.74$318
Apr 201907262.632.75$198
Mar 2019033356.803.06$1,020
Feb 2019018250.852.79$508
Jan 201905846.033.23$187
Dec 20180046.594.19$0
Nov 2018011152.934.24$470
Oct 2018027661.443.40$938
Sep 2018010459.543.11$323
Aug 2018010659.403.07$325
Jul 201806265.142.93$182
Jun 2018315060.183.08$642
May 20181340665.382.90$2,028
Apr 2018244263.842.90$1,410
Mar 2018031161.222.79$867
Feb 2018323361.782.77$830
Jan 2018315962.874.01$826
Dec 201785557.272.92$619
Nov 20170055.423.12$0
Oct 2017130049.292.98$944
Sep 201706247.523.09$191
Aug 2017067945.373.00$2,040
Jul 201718076243.873.09$10,249
Jun 201761,11642.493.09$3,700
May 2017072645.373.26$2,369
Apr 201701,16847.933.21$3,751
Mar 2017061246.772.98$1,826
Feb 2017680950.452.95$2,691
Jan 20171681,09449.413.42$12,041
Dec 201671,84548.763.72$7,210
Nov 201671,23442.492.64$3,561
Oct 201681,57746.193.09$5,243
Sep 201601,56641.553.10$4,856
Aug 2016112,16041.442.92$6,772
Jul 201692,55941.622.92$7,858
Jun 201651,68745.352.69$4,758
May 201601,19342.521.99$2,375
Apr 2016172,04536.561.99$4,693
Mar 201682,48033.011.79$4,713
Feb 201682,02226.472.06$4,384
Jan 2016102,13627.352.36$5,324
Dec 201572,66232.362.00$5,554
Nov 201502,24438.792.17$4,863
Oct 201552,40243.552.43$6,046
Sep 201581,96742.992.76$5,770
Aug 2015142,63940.162.87$8,143
Jul 2015102,76248.152.95$8,616
Jun 201503,20556.152.88$9,240
May 201562,38855.212.96$7,389
Apr 2015153,36249.822.71$9,847
Mar 201502,28642.892.93$6,709
Feb 20151722,45844.662.98$14,997
Jan 201503,39443.433.10$10,524
Dec 2014183,47454.693.59$13,461
Nov 201403,67970.464.25$15,643
Oct 2014214,51478.303.90$19,253
Sep 2014104,65286.164.05$19,681
Aug 2014214,93689.394.04$21,795
Jul 201405,35996.564.18$22,398
Jun 2014225,89798.164.74$30,093
May 201495,97894.734.73$29,108
Apr 201406,11495.944.81$29,403
Mar 201404,27795.895.06$21,628
Feb 201405,14997.406.19$31,883
Jan 201405,42090.404.86$26,345
Dec 201305,81691.824.35$25,326
Nov 2013865,69688.853.74$28,934
Oct 201306,57397.423.78$24,842
Sep 201307,292104.113.72$27,110
Aug 201308,708104.253.52$30,675
Jul 201309,674102.523.72$35,965
Jun 201309,89894.403.93$38,933
May 2013011,31894.834.15$46,959
Apr 2013011,44493.964.28$49,010
Mar 201312812,94393.623.91$62,628
Feb 2013012,67191.233.42$43,334
Jan 2013015,36891.603.42$52,557
Dec 2012017,03786.773.42$58,269
Nov 201217618,77986.953.62$83,376
Oct 201218420,31589.383.40$85,510
Sep 201218224,91794.672.92$89,948
Aug 201217812,02792.662.91$51,470
Jul 201218333,44285.133.02$116,600
Jun 201233633,55779.822.52$111,351
May 201236936,71091.612.49$125,150
Apr 201255045,097101.652.00$145,957
Mar 201274253,343105.052.22$196,480
Feb 201292955,475101.102.57$236,506
Jan 20121,10966,08198.092.73$289,453
Dec 201136848,68596.873.24$193,375
Nov 201103,09095.723.31$10,232

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                   24 Mcf  × $  3.23 =        $78

────────────────────────────────────────────────────
Month total                                      $78

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/263769 is the state's own key, not one this site invented.