BEENE-EUBANK GAS UNIT

Operated by XTO ENERGY INC. (P-5 945936) 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 233745District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$17 k
Jul 2007 – Jul 2012
Value, last 12 filed months
$420
at the published price for each month
Months reported
61
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 Gas112008-05-23182937
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
CondensateDisposition56 bbl$5,723
GasProduction1,836 Mcf$11,550
Total$17,273

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 31.7783, -96.3055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.77826, -96.30548 · 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
10,852 ft
1 wells filed one
Completion to plug
4.4 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 10,852 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 4.4 years across the 1 well that filed both dates, with the middle half between 4.4 years and 4.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16133809110,852 ftFeb 2008Jul 2012Yes

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 (61)

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

61 months

Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 201203391.612.49$82
Apr 201200101.652.00$0
Mar 2012015105.052.22$33
Feb 201200101.102.57$0
Jan 201206198.092.73$167
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110484.983.65$15
Sep 201103183.623.99$124
Aug 20110083.404.15$0
Jul 201104594.144.52$203
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011025105.964.33$108
Mar 201102996.364.06$118
Feb 20110085.644.18$0
Jan 201102686.504.59$119
Dec 20100785.734.35$30
Nov 201002780.843.80$102
Oct 20100078.103.51$0
Sep 20100872.633.98$32
Aug 201002473.684.42$106
Jul 20100772.554.74$33
Jun 201002370.364.91$113
May 20100071.124.24$0
Apr 201004781.694.12$194
Mar 201001678.394.39$70
Feb 201003373.585.44$180
Jan 20100074.365.96$0
Dec 200905071.445.48$274
Nov 200903274.593.75$120
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090267.423.22$6
Jul 2009010661.133.46$367
Jun 20090466.163.90$16
May 2009010954.743.93$428
Apr 20090046.773.59$0
Mar 2009713442.144.06$839
Feb 20090332.814.63$14
Jan 200961735.865.37$306
Dec 20080937.105.98$54
Nov 200806155.496.86$418
Oct 200801075.246.92$69
Sep 20087269101.767.88$2,831
Aug 20088423114.228.48$4,502
Jul 200824115131.0811.39$4,456
Jun 200800131.3313.03$0
May 200806123.1711.57$69
Apr 200846110.3110.45$504
Mar 200803101.909.66$29
Feb 200801692.538.77$140
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$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 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.61 =         $0
Gas                   33 Mcf  × $  2.49 =        $82

────────────────────────────────────────────────────
Month total                                      $82

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/233745 is the state's own key, not one this site invented.