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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 268266District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$744 k
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 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 Gas112013-09-19211202
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
CondensateDisposition878 bbl$69,030
GasProduction215,975 Mcf$675,085
Total$744,115

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 27.7346, -98.9592. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73465, -98.95923 · 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
10,004 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 10,004 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-47941610910,004 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 202501160.553.23$36
Apr 202507362.363.54$259
Mar 202504767.704.27$201
Feb 202516270.884.34$340
Jan 202509974.324.28$424
Dec 202404768.993.12$147
Nov 202405769.052.20$125
Oct 202404671.372.28$105
Sep 202401769.612.36$40
Aug 202402375.632.06$47
Jul 2024112779.932.15$353
Jun 20240078.082.63$0
May 2024012978.812.20$284
Apr 202405484.451.66$90
Mar 202415580.301.55$165
Feb 2024113076.091.78$308
Jan 202408073.023.30$264
Dec 2023112971.262.61$408
Nov 202308477.892.81$236
Oct 202319885.443.09$388
Sep 202335789.042.74$423
Aug 2023010980.522.67$291
Jul 202304174.852.64$108
Jun 202308468.962.26$190
May 202319970.622.23$291
Apr 2023013178.122.24$293
Mar 2023136172.852.39$937
Feb 2023016675.112.47$409
Jan 2023011776.533.39$396
Dec 202209976.415.73$567
Nov 20222085.005.65$170
Oct 2022012987.185.86$756
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 2022051101.587.54$385
Jun 2022277115.097.98$844
May 2022090109.378.43$759
Apr 2022158104.226.84$501
Mar 20220108108.885.08$548
Feb 2022113391.054.86$737
Jan 2022111081.844.54$581
Dec 2021119671.323.90$836
Nov 202105277.435.24$272
Oct 2021012979.795.71$737
Sep 202113169.865.35$236
Aug 2021222466.024.22$1,077
Jul 2021010770.783.98$426
Jun 202107869.493.38$264
May 2021322163.483.02$857
Apr 2021022060.362.76$607
Mar 2021722261.302.72$1,032
Feb 2021037957.805.55$2,103
Jan 2021224150.412.81$778
Dec 2020426244.642.68$880
Nov 2020023738.772.71$641
Oct 2020455636.972.48$1,526
Sep 2020028737.091.99$571
Aug 2020330939.982.39$857
Jul 2020047138.371.83$860
Jun 2020728334.901.69$723
May 2020024016.921.81$436
Apr 2020442414.751.80$824
Mar 2020035030.341.86$650
Feb 2020036649.881.98$725
Jan 2020087157.252.09$1,825
Dec 2019014659.012.30$336
Nov 2019083555.302.75$2,297
Oct 2019371053.472.42$1,878
Sep 2019085455.052.66$2,269
Aug 20195984053.112.30$5,069
Jul 2019057556.272.46$1,415
Jun 201901,27152.782.49$3,166
May 2019227058.482.74$857
Apr 2019018362.632.75$503
Mar 201907756.803.06$236
Feb 201901,22250.852.79$3,412
Jan 20190046.033.23$0
Dec 2018114046.594.19$633
Nov 2018046052.934.24$1,949
Oct 2018068761.443.40$2,334
Sep 2018093859.543.11$2,915
Aug 2018080459.403.07$2,466
Jul 2018052565.142.93$1,539
Jun 201801,47860.183.08$4,548
May 201891,20665.382.90$4,087
Apr 201881,36063.842.90$4,456
Mar 201801,38361.222.79$3,854
Feb 201801,31661.782.77$3,640
Jan 2018059062.874.01$2,366
Dec 201767757.272.92$569
Nov 2017360755.423.12$2,059
Oct 2017243549.292.98$1,396
Sep 2017017647.523.09$543
Aug 2017095345.373.00$2,863
Jul 2017099243.873.09$3,063
Jun 2017896742.493.09$3,325
May 201701,03745.373.26$3,384
Apr 201701,31147.933.21$4,210
Mar 201701,35746.772.98$4,049
Feb 201781,83150.452.95$5,810
Jan 201701,43449.413.42$4,903
Dec 201691,81248.763.72$7,185
Nov 201681,66242.492.64$4,735
Oct 201681,77146.193.09$5,842
Sep 201601,59641.553.10$4,949
Aug 201681,80441.442.92$5,607
Jul 201681,75641.622.92$5,468
Jun 2016101,49345.352.69$4,463
May 201602,45442.521.99$4,886
Apr 2016192,32436.561.99$5,322
Mar 201692,65833.011.79$5,066
Feb 201682,15826.472.06$4,665
Jan 2016102,11127.352.36$5,265
Dec 201572,43732.362.00$5,104
Nov 201502,33738.792.17$5,065
Oct 201551,90143.552.43$4,831
Sep 201582,03242.992.76$5,949
Aug 201512,38740.162.87$6,897
Jul 201572,07748.152.95$6,454
Jun 201502,06056.152.88$5,939
May 201542,22855.212.96$6,806
Apr 2015132,28249.822.71$6,824
Mar 201502,21742.892.93$6,506
Feb 2015101,97644.662.98$6,328
Jan 201502,06443.433.10$6,400
Dec 2014102,07554.693.59$7,999
Nov 201402,20270.464.25$9,363
Oct 2014112,19778.303.90$9,432
Sep 201462,52986.164.05$10,748
Aug 2014112,75589.394.04$12,100
Jul 201402,81796.564.18$11,774
Jun 2014101,73298.164.74$9,186
May 201452,72194.734.73$13,335
Apr 201402,60795.944.81$12,537
Mar 201402,23095.895.06$11,277
Feb 201403,01497.406.19$18,663
Jan 201402,51590.404.86$12,225
Dec 201303,26091.824.35$14,196
Nov 201301,37388.853.74$5,133
Oct 201302,33697.423.78$8,829
Sep 201302,212104.113.72$8,224
Aug 201301,774104.253.52$6,249
Jul 201302,345102.523.72$8,718
Jun 201302,56194.403.93$10,073
May 201302,77394.834.15$11,505
Apr 2013152,99793.964.28$14,244
Mar 201302,17393.623.91$8,503
Feb 201301,90191.233.42$6,501
Jan 201302,54091.603.42$8,687
Dec 201202,33886.773.42$7,996
Nov 201203,27686.953.62$11,875
Oct 201204,21089.383.40$14,313
Sep 201203,72494.672.92$10,868
Aug 201203,46792.662.91$10,083
Jul 20121728,97685.133.02$41,757
Jun 201209,52679.822.52$23,996
May 201206,51491.612.49$16,209
Apr 20121577,915101.652.00$31,764
Mar 201216411,358105.052.22$42,467
Feb 201208,244101.102.57$21,189
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             0 bbl  × $ 60.55 =         $0
Gas                   11 Mcf  × $  3.23 =        $36

────────────────────────────────────────────────────
Month total                                      $36

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/268266 is the state's own key, not one this site invented.