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 268077District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.9 M
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 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 Gas112013-09-11210581
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
CondensateDisposition3,371 bbl$289,300
GasProduction499,619 Mcf$1,565,466
Total$1,854,766

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 27.7369, -98.9702. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73694, -98.97019 · 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
10,298 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 10,298 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-47941609810,298 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 2025249760.553.23$1,728
Apr 2025061762.363.54$2,186
Mar 2025047567.704.27$2,027
Feb 2025852570.884.34$2,846
Jan 2025064174.324.28$2,743
Dec 2024034868.993.12$1,086
Nov 2024052269.052.20$1,148
Oct 202415930971.372.28$12,053
Sep 2024077969.612.36$1,842
Aug 2024048775.632.06$1,005
Jul 2024263479.932.15$1,521
Jun 20240078.082.63$0
May 2024230678.812.20$830
Apr 2024029984.451.66$496
Mar 2024433680.301.55$840
Feb 2024237276.091.78$816
Jan 2024055373.023.30$1,824
Dec 2023329371.262.61$979
Nov 2023075177.892.81$2,108
Oct 20236631385.443.09$6,605
Sep 2023363789.042.74$2,009
Aug 2023111,37280.522.67$4,553
Jul 202301,34374.852.64$3,548
Jun 2023052968.962.26$1,195
May 2023726670.622.23$1,087
Apr 2023061978.122.24$1,385
Mar 2023769272.852.39$2,166
Feb 2023083175.112.47$2,049
Jan 2023055776.533.39$1,887
Dec 2022069476.415.73$3,976
Nov 20222523085.005.65$3,424
Oct 202201,38487.185.86$8,115
Sep 20223084.888.16$255
Aug 20220094.529.13$0
Jul 20220971101.587.54$7,323
Jun 2022181,241115.097.98$11,971
May 20220945109.378.43$7,969
Apr 202291,106104.226.84$8,500
Mar 202201,036108.885.08$5,259
Feb 2022397791.054.86$5,020
Jan 2022544681.844.54$2,433
Dec 2021962371.323.90$3,071
Nov 2021043577.435.24$2,278
Oct 202101,04179.795.71$5,948
Sep 2021786169.865.35$5,096
Aug 2021121,03266.024.22$5,148
Jul 2021067070.783.98$2,668
Jun 202101,01469.493.38$3,428
May 2021171,03063.483.02$4,187
Apr 202101,09360.362.76$3,015
Mar 2021171,14661.302.72$4,156
Feb 2021089157.805.55$4,943
Jan 2021796750.412.81$3,070
Dec 20201662244.642.68$2,378
Nov 202001,04638.772.71$2,831
Oct 2020091036.972.48$2,255
Sep 202001,06237.091.99$2,114
Aug 202061,05839.982.39$2,763
Jul 202001,01438.371.83$1,851
Jun 2020361,21434.901.69$3,308
May 202001,33416.921.81$2,421
Apr 2020201,27914.751.80$2,603
Mar 202001,75730.341.86$3,261
Feb 202002,10849.881.98$4,175
Jan 202001,14157.252.09$2,390
Dec 2019057259.012.30$1,318
Nov 2019062255.302.75$1,711
Oct 2019567053.472.42$1,888
Sep 201901,10555.052.66$2,936
Aug 201901,53553.112.30$3,537
Jul 2019095756.272.46$2,354
Jun 201901,13352.782.49$2,823
May 2019141,20058.482.74$4,107
Apr 201901,17962.632.75$3,243
Mar 2019201,12656.803.06$4,584
Feb 2019077950.852.79$2,175
Jan 2019049646.033.23$1,601
Dec 2018016646.594.19$695
Nov 2018055852.934.24$2,364
Oct 2018077561.443.40$2,634
Sep 2018111,12059.543.11$4,136
Aug 201801,25759.403.07$3,855
Jul 201801,33465.142.93$3,911
Jun 201801,28560.183.08$3,954
May 2018211,07865.382.90$4,500
Apr 2018111,42463.842.90$4,833
Mar 201801,82161.222.79$5,075
Feb 201801,39561.782.77$3,859
Jan 201801,36462.874.01$5,469
Dec 2017101,39757.272.92$4,654
Nov 201731,62655.423.12$5,237
Oct 2017142,52649.292.98$8,227
Sep 201701,69347.523.09$5,227
Aug 201701,41745.373.00$4,257
Jul 201701,31443.873.09$4,057
Jun 2017142,18442.493.09$7,337
May 201701,90245.373.26$6,207
Apr 201701,83647.933.21$5,897
Mar 201701,61146.772.98$4,807
Feb 2017121,25650.452.95$4,314
Jan 201701,77349.413.42$6,062
Dec 2016101,87248.763.72$7,457
Nov 2016101,88442.492.64$5,407
Oct 201692,10046.193.09$6,905
Sep 201601,93041.553.10$5,984
Aug 2016102,18441.442.92$6,801
Jul 2016122,25941.622.92$7,106
Jun 2016102,22445.352.69$6,427
May 201602,56942.521.99$5,115
Apr 2016182,60336.561.99$5,841
Mar 2016102,48233.011.79$4,783
Feb 201692,43026.472.06$5,253
Jan 201692,19427.352.36$5,434
Dec 201582,18032.362.00$4,622
Nov 201502,68438.792.17$5,817
Oct 201552,16043.552.43$5,459
Sep 201581,87442.992.76$5,513
Aug 201592,63640.162.87$7,933
Jul 201592,74748.152.95$8,523
Jun 201502,71556.152.88$7,827
May 201552,95555.212.96$9,009
Apr 2015182,91849.822.71$8,795
Mar 201502,85042.892.93$8,364
Feb 20151772,86644.662.98$16,435
Jan 201502,95943.433.10$9,175
Dec 2014163,21354.693.59$12,414
Nov 201403,22070.464.25$13,691
Oct 2014173,14378.303.90$13,592
Sep 201473,81186.164.05$16,020
Aug 2014163,58589.394.04$15,896
Jul 201404,14996.564.18$17,341
Jun 2014184,25298.164.74$21,908
May 201484,50794.734.73$22,060
Apr 201405,50395.944.81$26,465
Mar 201403,98695.895.06$20,156
Feb 201404,37997.406.19$27,115
Jan 201404,69990.404.86$22,841
Dec 201304,80791.824.35$20,932
Nov 2013993,79588.853.74$22,983
Oct 201304,81197.423.78$18,183
Sep 201304,851104.113.72$18,035
Aug 201304,790104.253.52$16,873
Jul 201305,753102.523.72$21,388
Jun 201305,80394.403.93$22,826
May 201306,47594.834.15$26,865
Apr 201306,06693.964.28$25,978
Mar 201306,83693.623.91$26,748
Feb 201306,49991.233.42$22,226
Jan 20131537,76791.603.42$40,577
Dec 201208,15386.773.42$27,885
Nov 201209,16586.953.62$33,223
Oct 201214710,98289.383.40$50,474
Sep 201217510,77894.672.92$48,022
Aug 201204,56992.662.91$13,287
Jul 2012014,80485.133.02$44,720
Jun 2012018,40279.822.52$46,355
May 201216513,59491.612.49$48,942
Apr 201234318,554101.652.00$71,915
Mar 201215327,558105.052.22$77,309
Feb 201236128,265101.102.57$109,145
Jan 201272660,01598.092.73$235,299
Dec 201104,03896.873.24$13,082

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             2 bbl  × $ 60.55 =       $121
Gas                  497 Mcf  × $  3.23 =     $1,606

────────────────────────────────────────────────────
Month total                                   $1,728

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/268077 is the state's own key, not one this site invented.