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 268080District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 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 Gas112013-07-05210582
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
CondensateDisposition3,201 bbl$216,549
GasProduction1,185,765 Mcf$3,946,570
Total$4,163,119

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 27.7395, -98.9453. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73945, -98.94532 · 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
8,750 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 8,750 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-47941643108,750 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 202552,08560.553.23$7,042
Apr 202501,94862.363.54$6,902
Mar 202501,93367.704.27$8,251
Feb 2025192,42570.884.34$11,873
Jan 202501,35574.324.28$5,798
Dec 202401,99068.993.12$6,212
Nov 202401,99869.052.20$4,392
Oct 20241791871.372.28$3,308
Sep 202402,41869.612.36$5,717
Aug 202402,15675.632.06$4,449
Jul 2024252,07179.932.15$6,444
Jun 2024011178.082.63$292
May 2024631,96378.812.20$9,281
Apr 202401,84684.451.66$3,063
Mar 2024151,69680.301.55$3,825
Feb 2024141,72276.091.78$4,137
Jan 202402,42373.023.30$7,990
Dec 2023172,70071.262.61$8,260
Nov 202303,25677.892.81$9,141
Oct 2023282,19185.443.09$9,157
Sep 2023282,84389.042.74$10,269
Aug 2023273,55380.522.67$11,671
Jul 202303,40774.852.64$9,001
Jun 202301,61068.962.26$3,636
May 2023171,13970.622.23$3,738
Apr 202301,52878.122.24$3,419
Mar 2023252,62972.852.39$8,113
Feb 202302,95275.112.47$7,279
Jan 202302,20576.533.39$7,470
Dec 202202,47776.415.73$14,191
Nov 20225434885.005.65$6,555
Oct 202201,81387.185.86$10,631
Sep 20220084.888.16$0
Aug 202286094.529.13$8,129
Jul 202202,272101.587.54$17,136
Jun 2022482,681115.097.98$26,911
May 202201,994109.378.43$16,815
Apr 2022292,480104.226.84$19,980
Mar 202203,125108.885.08$15,864
Feb 2022233,06291.054.86$16,972
Jan 2022253,26581.844.54$16,862
Dec 2021252,85371.323.90$12,907
Nov 202102,07877.435.24$10,882
Oct 202102,05779.795.71$11,753
Sep 2021202,01169.865.35$12,158
Aug 2021342,60766.024.22$13,248
Jul 202101,79870.783.98$7,160
Jun 202102,54269.493.38$8,594
May 2021652,67263.483.02$12,189
Apr 202103,14760.362.76$8,681
Mar 2021433,21761.302.72$11,376
Feb 202101,70557.805.55$9,459
Jan 2021222,63550.412.81$8,514
Dec 2020422,30644.642.68$8,044
Nov 202002,52038.772.71$6,821
Oct 202011,70736.972.48$4,268
Sep 202002,08837.091.99$4,157
Aug 2020182,07239.982.39$5,662
Jul 202002,87138.371.83$5,240
Jun 2020653,01434.901.69$7,363
May 202002,92616.921.81$5,310
Apr 2020543,36214.751.80$6,863
Mar 202003,87830.341.86$7,198
Feb 202003,80949.881.98$7,544
Jan 202004,17057.252.09$8,735
Dec 201934,51159.012.30$10,572
Nov 201903,69155.302.75$10,153
Oct 2019134,10253.472.42$10,616
Sep 201904,20755.052.66$11,179
Aug 201905,25653.112.30$12,112
Jul 2019402,96056.272.46$9,533
Jun 201904,24052.782.49$10,563
May 2019664,32658.482.74$15,714
Apr 201903,89262.632.75$10,706
Mar 201905,85356.803.06$17,922
Feb 201924,45550.852.79$12,541
Jan 201901,79146.033.23$5,782
Dec 2018056146.594.19$2,348
Nov 201803,79952.934.24$16,097
Oct 201804,03461.443.40$13,708
Sep 201805,07959.543.11$15,786
Aug 201805,13659.403.07$15,750
Jul 201805,03865.142.93$14,771
Jun 2018404,37760.183.08$15,875
May 201875,07965.382.90$15,191
Apr 2018365,30363.842.90$17,681
Mar 201805,41661.222.79$15,094
Feb 201806,28361.782.77$17,380
Jan 201804,80862.874.01$19,277
Dec 2017554,97157.272.92$17,673
Nov 201706,84355.423.12$21,339
Oct 2017565,61649.292.98$19,517
Sep 201706,18347.523.09$19,089
Aug 20171365,05945.373.00$21,370
Jul 201705,41943.873.09$16,730
Jun 2017194,49742.493.09$14,691
May 201702,49245.373.26$8,132
Apr 201706,00347.933.21$19,279
Mar 201705,61846.772.98$16,762
Feb 2017414,81050.452.95$16,270
Jan 201706,37749.413.42$21,802
Dec 2016355,63848.763.72$22,696
Nov 2016316,40142.492.64$18,244
Oct 2016306,51746.193.09$21,525
Sep 201606,25541.553.10$19,394
Aug 2016307,21841.442.92$22,351
Jul 2016306,84441.622.92$21,263
Jun 2016335,39745.352.69$15,992
May 201608,19842.521.99$16,323
Apr 2016668,95836.561.99$20,249
Mar 2016289,32133.011.79$17,646
Feb 2016376,81326.472.06$15,039
Jan 2016419,43527.352.36$23,429
Dec 20152610,68232.362.00$22,220
Nov 201508,66538.792.17$18,780
Oct 2015238,12443.552.43$20,715
Sep 2015298,85442.992.76$25,670
Aug 2015259,00240.162.87$26,862
Jul 2015329,07948.152.95$28,279
Jun 2015010,00456.152.88$28,840
May 20153311,61655.212.96$36,152
Apr 20156510,02349.822.71$30,366
Mar 2015010,13042.892.93$29,729
Feb 20156611,69344.662.98$37,748
Jan 2015010,89743.433.10$33,788
Dec 20146713,29154.693.59$51,397
Nov 2014013,74870.464.25$58,454
Oct 20146714,60778.303.90$62,227
Sep 20143015,27686.164.05$64,383
Aug 20146414,59189.394.04$64,597
Jul 2014016,49496.564.18$68,938
Jun 20146416,13498.164.74$82,707
May 20142916,26794.734.73$79,634
Apr 2014017,44595.944.81$83,895
Mar 201415714,33195.895.06$87,524
Feb 2014014,06197.406.19$87,066
Jan 2014015,56090.404.86$75,633
Dec 2013012,89091.824.35$56,129
Nov 201310313,50588.853.74$59,637
Oct 2013018,78097.423.78$70,976
Sep 2013018,661104.113.72$69,377
Aug 2013016,014104.253.52$56,411
Jul 2013020,240102.523.72$75,247
Jun 2013020,53994.403.93$80,788
May 2013021,03194.834.15$87,259
Apr 2013020,03493.964.28$85,797
Mar 2013021,76293.623.91$85,152
Feb 2013020,21491.233.42$69,130
Jan 201316420,87191.603.42$86,399
Dec 2012022,73086.773.42$77,740
Nov 2012025,07486.953.62$90,892
Oct 201216126,02189.383.40$102,853
Sep 2012027,61194.672.92$80,580
Aug 201208,49692.662.91$24,708
Jul 201216726,80385.133.02$95,183
Jun 2012024,53779.822.52$61,810
May 2012030,65791.612.49$76,284
Apr 2012031,954101.652.00$63,806
Mar 2012031,753105.052.22$70,558
Feb 201201,301101.102.57$3,344
Jan 20120098.092.73$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             5 bbl  × $ 60.55 =       $303
Gas                2,085 Mcf  × $  3.23 =     $6,739

────────────────────────────────────────────────────
Month total                                   $7,042

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/268080 is the state's own key, not one this site invented.