BEENE, BILLIE

Operated by LACY OPERATIONS, LTD. (P-5 480882) in the TEAGUE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 175243District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Oct 1999 – Jul 2010
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
130
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2011-10-11.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112000-01-06141137
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
CondensateDisposition1,227 bbl$46,707
GasProduction537,611 Mcf$2,284,971
Total$2,331,679

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 31.6184, -96.3698. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61843, -96.36981 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,300 ft
1 wells filed one
Completion to plug
10.4 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,300 ft.

Completions filed
Oct 1999
1 of 1 wells
Plug dates filed
Mar 2010
1 of 1 wells

Last completion to plug: a median of 10.4 years across the 1 well that filed both dates, with the middle half between 10.4 years and 10.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16131568110,300 ftOct 1999Mar 2010Yes

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 (130)

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

130 months

Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010138081.694.12$11,273
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009013972.544.11$571
Sep 200903465.543.06$104
Aug 2009030767.423.22$988
Jul 2009035761.133.46$1,237
Jun 2009030266.163.90$1,176
May 2009035354.743.93$1,386
Apr 2009443846.773.59$1,758
Mar 2009038342.144.06$1,555
Feb 2009026632.814.63$1,232
Jan 2009042935.865.37$2,304
Dec 2008237037.105.98$2,286
Nov 2008126355.496.86$1,860
Oct 2008048075.246.92$3,323
Sep 20080522101.767.88$4,112
Aug 20080329114.228.48$2,791
Jul 20082746131.0811.39$8,759
Jun 20080716131.3313.03$9,331
May 20080772123.1711.57$8,935
Apr 20080421110.3110.45$4,402
Mar 20084637101.909.66$6,564
Feb 2008269892.538.77$6,307
Jan 2008438190.388.21$3,488
Dec 2007582688.337.30$6,473
Nov 2007173891.677.29$5,473
Oct 200731,05482.856.92$7,544
Sep 200721,13075.846.24$7,208
Aug 200701,14469.066.39$7,308
Jul 200701,14970.906.39$7,340
Jun 200701,10162.007.55$8,311
May 200701,16058.747.85$9,102
Apr 200701,08859.617.81$8,492
Mar 200701,02156.927.30$7,455
Feb 2007093255.108.22$7,657
Jan 200701,38750.306.73$9,330
Dec 200601,31456.656.92$9,091
Nov 200601,11454.207.62$8,486
Oct 200601,51854.906.01$9,129
Sep 200611,23360.085.04$6,271
Aug 200601,29768.717.34$9,520
Jul 200641,54469.376.34$10,071
Jun 200661,44166.286.38$9,597
May 200601,22766.016.42$7,883
Apr 200621,00664.397.36$7,533
Mar 200631,06556.707.08$7,713
Feb 2006084257.597.75$6,526
Jan 200601,02360.598.93$9,139
Dec 200501,23954.9413.42$16,622
Nov 200501,45454.6910.59$15,396
Oct 200501,12358.3413.80$15,493
Sep 200501,30661.4512.08$15,775
Aug 200501,81461.519.80$17,771
Jul 200501,81555.697.84$14,236
Jun 200511,79352.337.38$13,287
May 200501,78845.226.65$11,892
Apr 20051681,80549.207.36$21,551
Mar 200501,67250.377.15$11,963
Feb 200501,39245.226.31$8,786
Jan 200501,29943.166.32$8,213
Dec 200401,07039.866.75$7,224
Nov 200401,01545.286.33$6,425
Oct 200411,65749.706.52$10,845
Sep 200431,67943.245.28$9,001
Aug 200401,79942.375.55$9,986
Jul 200401,56638.286.08$9,528
Jun 200401,49336.106.43$9,605
May 200401,41837.486.49$9,209
Apr 2004099334.475.86$5,817
Mar 200401,09834.365.53$6,072
Feb 2004057732.455.51$3,179
Jan 2004095932.036.30$6,041
Dec 200301,16930.266.30$7,367
Nov 2003083028.804.60$3,814
Oct 200301,09828.174.76$5,226
Sep 200301,13826.314.75$5,405
Aug 200301,36429.765.13$6,997
Jul 200311,55029.415.17$8,044
Jun 200301,65428.565.98$9,896
May 200302,16226.595.97$12,913
Apr 200312,40226.675.41$13,015
Mar 200301,70331.146.10$10,382
Feb 200323,59933.487.93$28,592
Jan 200303,14330.315.58$17,544
Dec 20020026.914.85$0
Nov 2002039724.664.14$1,642
Oct 200205,87726.464.23$24,855
Sep 200206,04927.443.64$21,989
Aug 200216,59625.963.16$20,897
Jul 20021736,87824.583.06$25,311
Jun 200216,84623.733.34$22,877
May 200227,08524.663.58$25,442
Apr 200257,48823.653.51$26,419
Mar 200248,18722.003.10$25,490
Feb 200207,65318.222.38$18,181
Jan 200229,54417.172.38$22,708
Dec 200105,46816.932.36$12,929
Nov 200108,73018.072.41$21,000
Oct 200109,83019.782.53$24,859
Sep 200129,85224.262.25$22,229
Aug 2001010,67024.873.05$32,577
Jul 2001011,10723.933.20$35,510
Jun 200117412,25724.563.82$51,146
May 2001013,39925.524.31$57,714
Apr 200128,63024.685.34$46,093
Mar 200108,78924.545.38$47,254
Feb 200149,41227.755.77$54,391
Jan 2001010,82627.478.40$90,925
Dec 2000110,87926.889.12$99,271
Nov 200018211,02332.215.66$68,230
Oct 2000012,08931.235.15$62,204
Sep 2000112,09531.875.19$62,763
Aug 2000112,97229.644.54$58,932
Jul 2000212,98128.534.09$53,146
Jun 2000213,77929.304.40$60,648
May 200018215,65127.263.68$62,553
Apr 2000016,17224.513.12$50,392
Mar 2000016,90828.422.86$48,353
Feb 20008616,83527.622.73$48,276
Jan 2000021,14425.272.48$52,448
Dec 1999229,29724.282.42$71,056
Nov 1999545,40523.192.43$110,631
Oct 1999326,47820.982.80$18,834

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.

Apr 2010 — as filed, then multipliedworked
Condensate           138 bbl  × $ 81.69 =    $11,273
Gas                    0 Mcf  × $  4.12 =         $0

────────────────────────────────────────────────────
Month total                                  $11,273

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. 05/G/175243 is the state's own key, not one this site invented.