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 268071District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jan 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
173
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 Gas112013-07-30210580
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
CondensateDisposition3,097 bbl$255,943
GasProduction617,453 Mcf$1,889,397
Total$2,145,340

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 27.7388, -98.9693. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73883, -98.96927 · 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
10,351 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 10,351 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-47941608710,351 ftJan 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 (173)

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

173 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 202531,10660.553.23$3,757
Apr 202501,11262.363.54$3,940
Mar 2025050967.704.27$2,173
Feb 2025641770.884.34$2,235
Jan 2025058874.324.28$2,516
Dec 2024076668.993.12$2,391
Nov 2024034569.052.20$758
Oct 2024470471.372.28$1,892
Sep 202401,41669.612.36$3,348
Aug 2024039775.632.06$819
Jul 2024756579.932.15$1,772
Jun 2024020778.082.63$545
May 20245355678.812.20$5,399
Apr 2024063384.451.66$1,050
Mar 2024587180.301.55$1,747
Feb 20241071176.091.78$2,029
Jan 2024087373.023.30$2,879
Dec 2023541571.262.61$1,440
Nov 2023088577.892.81$2,485
Oct 202381,02585.443.09$3,848
Sep 202321,35989.042.74$3,895
Aug 2023937780.522.67$1,732
Jul 202301,30074.852.64$3,434
Jun 2023083468.962.26$1,884
May 2023516170.622.23$712
Apr 2023059978.122.24$1,340
Mar 202371,08172.852.39$3,097
Feb 2023038975.112.47$959
Jan 202301,07576.533.39$3,642
Dec 202201,38376.415.73$7,923
Nov 202215085.005.65$1,275
Oct 202201,01787.185.86$5,963
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20220710101.587.54$5,355
Jun 202213601115.097.98$6,290
May 20220707109.378.43$5,962
Apr 20226766104.226.84$5,863
Mar 20220985108.885.08$5,000
Feb 2022636291.054.86$2,305
Jan 2022699081.844.54$4,983
Dec 2021769371.323.90$3,201
Nov 2021039577.435.24$2,069
Oct 2021078479.795.71$4,480
Sep 2021531369.865.35$2,024
Aug 2021797266.024.22$4,565
Jul 2021029770.783.98$1,183
Jun 2021056969.493.38$1,924
May 2021761363.483.02$2,294
Apr 2021080460.362.76$2,218
Mar 2021939361.302.72$1,619
Feb 2021026157.805.55$1,448
Jan 2021961950.412.81$2,193
Dec 20201855744.642.68$2,294
Nov 202001,10538.772.71$2,991
Oct 2020068336.972.48$1,693
Sep 2020049637.091.99$988
Aug 2020553139.982.39$1,466
Jul 2020086238.371.83$1,573
Jun 20202791534.901.69$2,489
May 2020994716.921.81$1,871
Apr 20201147414.751.80$1,018
Mar 2020473730.341.86$1,489
Feb 202041,12649.881.98$2,430
Jan 2020966457.252.09$1,906
Dec 2019121,29959.012.30$3,701
Nov 2019449855.302.75$1,591
Oct 2019101,00753.472.42$2,970
Sep 2019223855.052.66$743
Aug 2019234553.112.30$901
Jul 201906456.272.46$157
Jun 2019048052.782.49$1,196
May 20191480058.482.74$3,011
Apr 2019040562.632.75$1,114
Mar 201961,07956.803.06$3,645
Feb 2019470150.852.79$2,161
Jan 20190046.033.23$0
Dec 201817246.594.19$348
Nov 2018539052.934.24$1,917
Oct 2018047961.443.40$1,628
Sep 2018111,12659.543.11$4,155
Aug 2018095259.403.07$2,919
Jul 2018025765.142.93$753
Jun 201841,24360.183.08$4,065
May 2018351,04765.382.90$5,325
Apr 20181085163.842.90$3,107
Mar 201821,24061.222.79$3,578
Feb 2018337461.782.77$1,220
Jan 2018351562.874.01$2,253
Dec 201781,09457.272.92$3,654
Nov 20173355.423.12$176
Oct 2017537149.292.98$1,353
Sep 2017060347.523.09$1,862
Aug 201701,40845.373.00$4,230
Jul 2017069443.873.09$2,143
Jun 2017778442.493.09$2,718
May 2017097045.373.26$3,166
Apr 201701,00847.933.21$3,237
Mar 201702,26746.772.98$6,764
Feb 201781,29050.452.95$4,212
Jan 201701,43449.413.42$4,903
Dec 201632,57348.763.72$9,725
Nov 2016748742.492.64$1,585
Oct 201681,43646.193.09$4,807
Sep 201601,66541.553.10$5,163
Aug 201681,48741.442.92$4,680
Jul 201681,80941.622.92$5,623
Jun 2016101,48345.352.69$4,437
May 201602,61242.521.99$5,201
Apr 2016171,48736.561.99$3,582
Mar 2016102,41633.011.79$4,664
Feb 201692,41926.472.06$5,230
Jan 201682,21527.352.36$5,456
Dec 201572,03132.362.00$4,291
Nov 201502,42238.792.17$5,249
Oct 2015232,92143.552.43$8,090
Sep 2015258,82142.992.76$25,407
Aug 2015107,99340.162.87$23,361
Jul 2015137,14648.152.95$21,671
Jun 201504,20256.152.88$12,114
May 201584,41255.212.96$13,481
Apr 2015314,18049.822.71$12,858
Mar 201504,32642.892.93$12,696
Feb 2015203,92444.662.98$12,572
Jan 20151594,63043.433.10$21,261
Dec 2014224,41554.693.59$17,059
Nov 201404,50970.464.25$19,172
Oct 2014223,91578.303.90$16,995
Sep 201484,94586.164.05$20,694
Aug 2014194,09789.394.04$18,230
Jul 201404,87796.564.18$20,384
Jun 2014245,00198.164.74$26,045
May 2014135,38594.734.73$26,684
Apr 201404,45795.944.81$21,434
Mar 201406,15095.895.06$31,099
Feb 201405,87197.406.19$36,353
Jan 201407,49490.404.86$36,426
Dec 201305,44091.824.35$23,688
Nov 2013964,24688.853.74$24,402
Oct 201305,06197.423.78$19,127
Sep 201305,417104.113.72$20,139
Aug 201305,481104.253.52$19,307
Jul 201306,486102.523.72$24,113
Jun 201307,53594.403.93$29,638
May 201309,24994.834.15$38,375
Apr 201307,90293.964.28$33,841
Mar 20131789,05793.623.91$52,103
Feb 201308,51091.233.42$29,103
Jan 2013011,02491.603.42$37,701
Dec 2012012,13886.773.42$41,514
Nov 2012014,00486.953.62$50,764
Oct 201213220,54389.383.40$81,638
Sep 201217823,67594.672.92$85,944
Aug 20121709,41692.662.91$43,135
Jul 201217128,54985.133.02$100,798
Jun 201217640,63079.822.52$116,397
May 201234355,89791.612.49$170,512
Apr 201253277,309101.652.00$208,448
Mar 201216913,643105.052.22$48,069
Feb 2012023,492101.102.57$60,380
Jan 2012054198.092.73$1,479

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             3 bbl  × $ 60.55 =       $182
Gas                1,106 Mcf  × $  3.23 =     $3,575

────────────────────────────────────────────────────
Month total                                   $3,757

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/268071 is the state's own key, not one this site invented.