BELL "B"

Operated by OLEUM OPERATING COMPANY, L.C. (P-5 621462) in the BETHANY (PAGE SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120949District 06Field 07527320NGPA filingCondensateGasSaveExport
Value, all time
$1.3 M
Jan 1993 – Jun 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
222
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 35 leases and 35 wells, and the rule below applies to all of them.

Discovered
1983-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AT HEARING EFF. 7-1-95.

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
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
CondensateDisposition4,473 bbl$115,229
GasProduction414,429 Mcf$1,182,114
Total$1,297,342

174,579 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.4970, -94.2596. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49704, -94.25958 · 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
6,510 ft
1 wells filed one
Completion to plug
25.3 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 6,510 ft.

Completions filed
Feb 1986
1 of 1 wells
Plug dates filed
Jun 2011
1 of 1 wells

Last completion to plug: a median of 25.3 years across the 1 well that filed both dates, with the middle half between 25.3 years and 25.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2033137926,510 ftFeb 1986Jun 2011Yes

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 (222)

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

222 months

Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
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 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008112037.105.98$4,155
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 2008018101.767.88$142
Aug 2008017114.228.48$144
Jul 200801,621131.0811.39$18,462
Jun 20080933131.3313.03$12,159
May 20080850123.1711.57$9,838
Apr 20080638110.3110.45$6,670
Mar 200801,731101.909.66$16,729
Feb 200801,18092.538.77$10,349
Jan 2008075790.388.21$6,212
Dec 200701,29288.337.30$9,434
Nov 20071412,26691.677.29$29,448
Oct 200701,22382.856.92$8,466
Sep 200701,78975.846.24$11,171
Aug 200702,38769.066.39$15,248
Jul 200701,25770.906.39$8,030
Jun 200701,54062.007.55$11,625
May 200702,17058.747.85$17,026
Apr 200702,60159.617.81$20,301
Mar 20071211,66756.927.30$19,060
Feb 2007036155.108.22$2,966
Jan 200702,48150.306.73$16,689
Dec 200601,50756.656.92$10,426
Nov 2006015654.207.62$1,188
Oct 2006053954.906.01$3,241
Sep 2006079660.085.04$4,010
Aug 200601,83768.717.34$13,483
Jul 2006024069.376.34$1,522
Jun 20060866.286.38$51
May 200602366.016.42$148
Apr 2006028364.397.36$2,083
Mar 200606156.707.08$432
Feb 200605357.597.75$411
Jan 2006014060.598.93$1,251
Dec 200502054.9413.42$268
Nov 2005029354.6910.59$3,102
Oct 2005092458.3413.80$12,747
Sep 200501,98161.4512.08$23,929
Aug 200502,14261.519.80$20,985
Jul 200502,11255.697.84$16,566
Jun 20051522,20552.337.38$24,229
May 200502,38345.226.65$15,850
Apr 200502,35549.207.36$17,334
Mar 200501,97650.377.15$14,138
Feb 200502,04945.226.31$12,933
Jan 200501,94043.166.32$12,265
Dec 200402,67939.866.75$18,086
Nov 20041542,53645.286.33$23,027
Oct 200403,17949.706.52$20,712
Sep 200402,54043.245.28$13,421
Aug 200403,10042.375.55$17,207
Jul 200401,24838.286.08$7,593
Jun 20041712,00736.106.43$19,084
May 200402,68737.486.49$17,451
Apr 200402,47134.475.86$14,476
Mar 200403,14434.365.53$17,387
Feb 200402,41032.455.51$13,278
Jan 20041773,01732.036.30$24,675
Dec 200302,80430.266.30$17,670
Nov 200302,44328.804.60$11,226
Oct 200302,23628.174.76$10,643
Sep 200302,07126.314.75$9,836
Aug 200301,35429.765.13$6,946
Jul 200303,57329.415.17$18,475
Jun 20031653,98728.565.98$28,566
May 20030026.595.97$0
Apr 200302,47326.675.41$13,372
Mar 200303,56231.146.10$21,714
Feb 200303,56233.487.93$28,232
Jan 20031793,30630.315.58$23,880
Dec 200203,62026.914.85$17,571
Nov 200201,56124.664.14$6,458
Oct 200201,07126.464.23$4,529
Sep 200201,07127.443.64$3,893
Aug 200202,18825.963.16$6,923
Jul 200201,42624.583.06$4,366
Jun 200201,84523.733.34$6,159
May 200202,14224.663.58$7,677
Apr 200202,14223.653.51$7,523
Mar 200201,60522.003.10$4,980
Feb 200201,37318.222.38$3,262
Jan 200201,40317.172.38$3,333
Dec 200115887316.932.36$4,739
Nov 200101,35118.072.41$3,250
Oct 200101,30519.782.53$3,300
Sep 2001161,30024.262.25$3,315
Aug 2001077524.873.05$2,366
Jul 200108223.933.20$262
Jun 200101,43824.563.82$5,499
May 200101,51125.524.31$6,508
Apr 200101,50724.685.34$8,040
Mar 200101,44224.545.38$7,753
Feb 200101,70627.755.77$9,839
Jan 2001084227.478.40$7,072
Dec 200001826.889.12$164
Nov 200002,96632.215.66$16,782
Oct 20001491,34231.235.15$11,559
Sep 200002,48031.875.19$12,863
Aug 200001,58529.644.54$7,197
Jul 200002,87028.534.09$11,738
Jun 200002,80429.304.40$12,330
May 200001,91627.263.68$7,050
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990923.192.43$22
Oct 19991562,35220.982.80$9,867
Sep 199902,07621.752.62$5,437
Aug 1999212,27719.262.88$6,952
Jul 199901,14117.892.37$2,707
Jun 199902,06515.942.36$4,878
May 199901,57215.792.32$3,649
Apr 199901,95915.102.21$4,326
Mar 199902,31912.471.84$4,263
Feb 199902,7709.981.82$5,035
Jan 19991591,80010.381.90$5,070
Dec 199801,8209.201.77$3,227
Nov 199802,12710.892.19$4,649
Oct 199802,62412.421.97$5,167
Sep 1998352,46112.592.08$5,566
Aug 199802,53711.301.91$4,839
Jul 199802,18911.742.24$4,897
Jun 199802,35911.242.24$5,278
May 199801,80912.622.21$3,991
Apr 19981763,65713.042.51$11,457
Mar 199801,78612.802.31$4,125
Feb 1998060613.952.30$1,393
Jan 199801,43414.702.15$3,090
Dec 1997043016.322.41$1,037
Nov 199702,26118.193.09$6,983
Oct 199702,78119.253.15$8,760
Sep 199702,43517.742.95$7,195
Aug 19971642,07617.862.55$8,233
Jul 199702,64617.582.25$5,945
Jun 199702,31917.242.26$5,234
May 199702,99518.972.31$6,914
Apr 1997019317.882.08$402
Mar 199702,49218.951.94$4,832
Feb 19971731,95820.492.21$7,864
Jan 199702,76423.483.54$9,784
Dec 199602,55623.32$0
Nov 199602,64421.97$0
Oct 199602,99723.31$0
Sep 19961533,31322.22$3,400
Aug 199603,39320.26$0
Jul 199602,86919.55$0
Jun 199602,30718.73$0
May 199602,13119.43$0
Apr 19961152,14621.51$2,474
Mar 199602,26219.38$0
Feb 199602,03916.98$0
Jan 199602,87217.07$0
Dec 19951612,79217.19$2,768
Nov 199503,42216.00$0
Oct 199504,22015.43$0
Sep 199501,98016.18$0
Aug 19951732,42515.92$2,754
Jul 199502,38415.24$0
Jun 199503,83616.41$0
May 199502,79917.56$0
Apr 199501,90117.73$0
Mar 199502,35716.44$0
Feb 19951563,27516.58$2,586
Jan 199503,61415.92$0
Dec 199404,14415.03$0
Nov 19941644,39215.90$2,608
Oct 199402,10015.58$0
Sep 199403,58615.29$0
Aug 199404,45616.13$0
Jul 19941373,52017.56$2,406
Jun 199402,93517.09$0
May 199403,97215.88$0
Apr 19941585,39214.14$2,234
Mar 199402,95312.46$0
Feb 199404,90712.50$0
Jan 19941664,03712.66$2,102
Dec 199305,57612.33$0
Nov 199305,05514.49$0
Oct 19931676,06515.85$2,647
Sep 199303,81515.03$0
Aug 199305,88815.66$0
Jul 199305,82715.46$0
Jun 1993793,12516.79$1,326
May 199305,15117.68$0
Apr 19931275,75618.05$2,292
Mar 19931386,28118.14$2,503
Feb 199304,43617.90$0
Jan 199304,67616.93$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.

Dec 2008 — as filed, then multipliedworked
Condensate           112 bbl  × $ 37.10 =     $4,155
Gas                    0 Mcf  × $  5.98 =         $0

────────────────────────────────────────────────────
Month total                                   $4,155

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. 06/G/120949 is the state's own key, not one this site invented.