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 267947District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$236 k
Feb 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
172
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 Gas112013-07-30210310
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
CondensateDisposition654 bbl$57,575
GasProduction59,888 Mcf$178,920
Total$236,495

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 27.7384, -98.9648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73835, -98.96482 · 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
9,850 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 9,850 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-47941657119,850 ftFeb 2012

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 (172)

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

172 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 2025010160.553.23$326
Apr 2025010162.363.54$358
Mar 202508867.704.27$376
Feb 2025111970.884.34$587
Jan 2025010774.324.28$458
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 202406471.372.28$146
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202412479.932.15$131
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 202406184.451.66$101
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023012871.262.61$334
Nov 20230077.892.81$0
Oct 202306685.443.09$204
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023024975.112.47$614
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20222085.005.65$170
Oct 2022012987.185.86$756
Sep 20220084.888.16$0
Aug 202234094.529.13$3,214
Jul 2022095101.587.54$717
Jun 2022126115.097.98$323
May 2022047109.378.43$396
Apr 20221138104.226.84$1,048
Mar 2022082108.885.08$416
Feb 2022010491.054.86$505
Jan 2022010781.844.54$486
Dec 20213071.323.90$214
Nov 202106977.435.24$361
Oct 202101179.795.71$63
Sep 2021135169.865.35$1,948
Aug 2021235166.024.22$1,613
Jul 202101870.783.98$72
Jun 2021015669.493.38$527
May 2021218163.483.02$673
Apr 2021011260.362.76$309
Mar 2021212261.302.72$454
Feb 20210057.805.55$0
Jan 2021118950.412.81$582
Dec 2020212444.642.68$421
Nov 2020010738.772.71$290
Oct 2020210536.972.48$334
Sep 20200037.091.99$0
Aug 20201939.982.39$61
Jul 2020010238.371.83$186
Jun 2020311034.901.69$291
May 2020011616.921.81$211
Apr 2020014614.751.80$263
Mar 20200330.341.86$6
Feb 2020025549.881.98$505
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019012852.782.49$319
May 2019113558.482.74$428
Apr 2019013962.632.75$382
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20181060.183.08$60
May 20180065.382.90$0
Apr 2018020863.842.90$603
Mar 20180061.222.79$0
Feb 20180361.782.77$8
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20174213345.373.00$2,305
Jul 201704943.873.09$151
Jun 201706442.493.09$198
May 201709045.373.26$294
Apr 2017013247.933.21$424
Mar 2017010746.772.98$319
Feb 201716850.452.95$251
Jan 2017022249.413.42$759
Dec 2016127748.763.72$1,080
Nov 2016217142.492.64$537
Oct 2016140746.193.09$1,304
Sep 2016012641.553.10$391
Aug 2016138341.442.92$1,161
Jul 2016126141.622.92$805
Jun 2016228445.352.69$853
May 2016042842.521.99$852
Apr 2016229536.561.99$660
Mar 2016241633.011.79$812
Feb 2016038326.472.06$790
Jan 201604327.352.36$102
Dec 201512232.362.00$76
Nov 2015048938.792.17$1,060
Oct 201506643.552.43$160
Sep 2015016342.992.76$450
Aug 20155040.162.87$201
Jul 2015017748.152.95$521
Jun 201506056.152.88$173
May 2015175755.212.96$2,292
Apr 2015077549.822.71$2,098
Mar 2015070242.892.93$2,060
Feb 2015347044.662.98$1,533
Jan 2015028743.433.10$890
Dec 2014362754.693.59$2,416
Nov 2014058670.464.25$2,492
Oct 2014570278.303.90$3,130
Sep 201431,22886.164.05$5,226
Aug 201431,61289.394.04$6,773
Jul 2014085196.564.18$3,557
Jun 201461,67098.164.74$8,500
May 201412,55394.734.73$12,162
Apr 201401,48995.944.81$7,161
Mar 2014029195.895.06$1,472
Feb 2014050997.406.19$3,152
Jan 2014041990.404.86$2,037
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201310104.113.72$104
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201318094.403.93$1,699
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 2012141789.383.40$12,626
Sep 20120094.672.92$0
Aug 201201,44592.662.91$4,202
Jul 201207,07585.133.02$21,372
Jun 201204,79979.822.52$12,089
May 20121633,29291.612.49$23,124
Apr 201218410,860101.652.00$40,389
Mar 201206,480105.052.22$14,399
Feb 201200101.102.57$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.

May 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 60.55 =         $0
Gas                  101 Mcf  × $  3.23 =       $326

────────────────────────────────────────────────────
Month total                                     $326

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/267947 is the state's own key, not one this site invented.