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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 266646District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$699 k
Dec 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
174
no gaps in the span
Streams
2
condensate, gas

The VAQUILLAS RANCH (LOBO CONS.) field

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 Gas112013-05-22209647
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
CondensateDisposition1,404 bbl$129,886
GasProduction187,359 Mcf$568,869
Total$698,755

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 27.7517, -98.9842. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.75167, -98.98418 · 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
9,810 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 9,810 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-4794158969,810 ftDec 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 (174)

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

174 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 202502760.553.23$87
Apr 202504062.363.54$142
Mar 202502567.704.27$107
Feb 202504270.884.34$182
Jan 202503474.324.28$145
Dec 202402868.993.12$87
Nov 202408169.052.20$178
Oct 202403871.372.28$87
Sep 202402069.612.36$47
Aug 202404075.632.06$83
Jul 202403779.932.15$79
Jun 20240678.082.63$16
May 202402978.812.20$64
Apr 202401384.451.66$22
Mar 202401180.301.55$17
Feb 202402976.091.78$52
Jan 202403973.023.30$129
Dec 202304271.262.61$110
Nov 202303777.892.81$104
Oct 202316985.443.09$298
Sep 202305589.042.74$150
Aug 202304880.522.67$128
Jul 202309274.852.64$243
Jun 202304568.962.26$102
May 202313070.622.23$137
Apr 2023014678.122.24$327
Mar 202303772.852.39$89
Feb 202306275.112.47$153
Jan 202304276.533.39$142
Dec 20220076.415.73$0
Nov 20222085.005.65$170
Oct 2022014687.185.86$856
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220180101.587.54$1,358
Jun 2022168115.097.98$658
May 2022038109.378.43$320
Apr 2022147104.226.84$426
Mar 2022084108.885.08$426
Feb 202206091.054.86$292
Jan 202215381.844.54$322
Dec 202108071.323.90$312
Nov 202106077.435.24$314
Oct 202105079.795.71$286
Sep 202102169.865.35$112
Aug 202102866.024.22$118
Jul 202101570.783.98$60
Jun 202103469.493.38$115
May 202113263.483.02$160
Apr 202106860.362.76$188
Mar 202137361.302.72$382
Feb 2021011357.805.55$627
Jan 2021117150.412.81$531
Dec 2020123444.642.68$671
Nov 202003338.772.71$89
Oct 2020316036.972.48$507
Sep 2020022137.091.99$440
Aug 20202237039.982.39$1,762
Jul 2020034738.371.83$633
Jun 20201147534.901.69$1,187
May 2020033316.921.81$604
Apr 2020219014.751.80$372
Mar 2020040730.341.86$755
Feb 202009749.881.98$192
Jan 2020022557.252.09$471
Dec 2019016559.012.30$380
Nov 2019035255.302.75$968
Oct 20191623653.472.42$1,426
Sep 2019011055.052.66$292
Aug 2019024553.112.30$565
Jul 2019019556.272.46$480
Jun 2019014352.782.49$356
May 201976658.482.74$590
Apr 2019017262.632.75$473
Mar 201909356.803.06$285
Feb 2019216050.852.79$548
Jan 201904746.033.23$152
Dec 201801446.594.19$59
Nov 201803752.934.24$157
Oct 2018024761.443.40$839
Sep 2018418759.543.11$819
Aug 2018014459.403.07$442
Jul 2018014865.142.93$434
Jun 2018010060.183.08$308
May 2018198065.382.90$1,474
Apr 201804963.842.90$142
Mar 201805961.222.79$164
Feb 2018028861.782.77$797
Jan 2018033362.874.01$1,335
Dec 2017365357.272.92$2,080
Nov 2017061155.423.12$1,905
Oct 2017290449.292.98$2,796
Sep 2017025647.523.09$790
Aug 2017031645.373.00$949
Jul 2017025543.873.09$787
Jun 2017119342.493.09$638
May 201705445.373.26$176
Apr 2017037747.933.21$1,211
Mar 2017035546.772.98$1,059
Feb 2017344850.452.95$1,474
Jan 2017060449.413.42$2,065
Dec 2016350948.763.72$2,041
Nov 2016253842.492.64$1,508
Oct 2016252446.193.09$1,712
Sep 2016040041.553.10$1,240
Aug 2016234341.442.92$1,086
Jul 2016236341.622.92$1,145
Jun 2016237645.352.69$1,101
May 2016061742.521.99$1,228
Apr 2016785236.561.99$1,952
Mar 201611,03633.011.79$1,892
Feb 2016334126.472.06$783
Jan 2016168327.352.36$1,642
Dec 2015234032.362.00$745
Nov 2015067838.792.17$1,469
Oct 201521,10543.552.43$2,768
Sep 2015288842.992.76$2,535
Aug 2015552840.162.87$1,717
Jul 2015247848.152.95$1,504
Jun 2015054656.152.88$1,574
May 2015174755.212.96$2,263
Apr 2015458749.822.71$1,788
Mar 2015058042.892.93$1,702
Feb 2015774044.662.98$2,515
Jan 2015068043.433.10$2,108
Dec 201481,31254.693.59$5,149
Nov 201401,61070.464.25$6,845
Oct 201421,62778.303.90$6,503
Sep 2014239786.164.05$1,778
Aug 2014791189.394.04$4,302
Jul 201401,75296.564.18$7,323
Jun 2014499098.164.74$5,082
May 201411,32394.734.73$6,348
Apr 201402,04695.944.81$9,839
Mar 2014065895.895.06$3,327
Feb 201401,51097.406.19$9,350
Jan 201401,14890.404.86$5,580
Dec 201301,31091.824.35$5,704
Nov 2013088788.853.74$3,316
Oct 201302,29997.423.78$8,689
Sep 201301,420104.113.72$5,279
Aug 201301,293104.253.52$4,555
Jul 201301,600102.523.72$5,948
Jun 201302,00494.403.93$7,883
May 201303,23894.834.15$13,435
Apr 2013482,84093.964.28$16,673
Mar 201303,41093.623.91$13,343
Feb 201303,58591.233.42$12,260
Jan 201304,82291.603.42$16,491
Dec 201206,05986.773.42$20,723
Nov 201205,84686.953.62$21,192
Oct 201207,48289.383.40$25,436
Sep 201209,32594.672.92$27,214
Aug 201203,66092.662.91$10,644
Jul 20121599,41285.133.02$41,967
Jun 2012012,95479.822.52$32,632
May 201215610,44391.612.49$40,277
Apr 201230514,615101.652.00$60,186
Mar 201236820,225105.052.22$83,600
Feb 201202,789101.102.57$7,168
Jan 20121863,67198.092.73$28,282
Dec 201107,95496.873.24$25,769

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                   27 Mcf  × $  3.23 =        $87

────────────────────────────────────────────────────
Month total                                      $87

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/266646 is the state's own key, not one this site invented.