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 268605District 04Field 932154002 tax incentive programmesCondensateGasSaveExport
Value, all time
$222 k
Mar 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
171
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 Gas112013-09-19211201
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
CondensateDisposition554 bbl$49,605
GasProduction56,765 Mcf$172,084
Total$221,689

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 27.7460, -98.9729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.74604, -98.97288 · 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
Mar 2012
1 of 1 wells

1 well

42-47941704129,850 ftMar 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 (171)

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

171 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 2025134160.553.23$1,163
Apr 2025034662.363.54$1,226
Mar 2025041367.704.27$1,763
Feb 2025047270.884.34$2,049
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20242079.932.15$160
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
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 20230075.112.47$0
Jan 20231076.533.39$77
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202210104.226.84$104
Mar 2022048108.885.08$244
Feb 2022029691.054.86$1,438
Jan 20221081.844.54$82
Dec 2021022171.323.90$862
Nov 20210077.435.24$0
Oct 2021011979.795.71$680
Sep 20214069.865.35$279
Aug 202112466.024.22$167
Jul 2021010170.783.98$402
Jun 202103769.493.38$125
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021321561.302.72$768
Feb 2021017957.805.55$993
Jan 2021117450.412.81$539
Dec 202033044.642.68$214
Nov 2020018038.772.71$487
Oct 2020315636.972.48$498
Sep 2020013537.091.99$269
Aug 2020120139.982.39$519
Jul 202003538.371.83$64
Jun 2020615534.901.69$471
May 2020021016.921.81$381
Apr 2020023014.751.80$415
Mar 2020010330.341.86$191
Feb 20200049.881.98$0
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 2019022952.782.49$570
May 2019128258.482.74$831
Apr 2019020962.632.75$575
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 20181059.543.11$60
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018022063.842.90$638
Mar 20180061.222.79$0
Feb 201802361.782.77$64
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 20170045.373.00$0
Jul 201708343.873.09$256
Jun 201708342.493.09$256
May 201707845.373.26$255
Apr 201708647.933.21$276
Mar 201709246.772.98$275
Feb 20170050.452.95$0
Jan 201709349.413.42$318
Dec 2016010248.763.72$380
Nov 20161142.492.64$45
Oct 2016111246.193.09$392
Sep 201609441.553.10$291
Aug 2016110141.442.92$337
Jul 2016125041.622.92$773
Jun 2016012145.352.69$325
May 201609242.521.99$183
Apr 2016110936.561.99$254
Mar 2016116233.011.79$324
Feb 2016121226.472.06$464
Jan 2016027927.352.36$660
Dec 201508932.362.00$178
Nov 201508738.792.17$189
Oct 20150043.552.43$0
Sep 201507342.992.76$201
Aug 20158040.162.87$321
Jul 20150048.152.95$0
Jun 2015013256.152.88$381
May 20150055.212.96$0
Apr 2015112249.822.71$380
Mar 2015041742.892.93$1,224
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201408554.693.59$305
Nov 20140070.464.25$0
Oct 20141078.303.90$78
Sep 2014013586.164.05$546
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014224998.164.74$1,376
May 20142094.734.73$189
Apr 2014011095.944.81$529
Mar 2014085895.895.06$4,339
Feb 201402,10097.406.19$13,003
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201303794.403.93$146
May 20131052194.834.15$3,110
Apr 20131417293.964.28$2,052
Mar 201301,03193.623.91$4,034
Feb 201301,40391.233.42$4,798
Jan 201301,87691.603.42$6,416
Dec 2012067186.773.42$2,295
Nov 201203,70486.953.62$13,427
Oct 201203,60189.383.40$12,242
Sep 201203,63294.672.92$10,600
Aug 201201,81992.662.91$5,290
Jul 20121524,92485.133.02$27,814
Jun 201206,74879.822.52$16,998
May 20121615,73591.612.49$29,020
Apr 20121668,320101.652.00$33,487
Mar 20120580105.052.22$1,289

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             1 bbl  × $ 60.55 =        $61
Gas                  341 Mcf  × $  3.23 =     $1,102

────────────────────────────────────────────────────
Month total                                   $1,163

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/268605 is the state's own key, not one this site invented.