BACLE, A.L. GAS UNIT

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the WILLOW SPRINGS (COTTON VALLEY,W) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 148728District 06Field 977521102 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jan 1994 – Apr 2014
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
244
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 26 leases and 26 wells, and the rule below applies to all of them.

Discovered
1975-12-11
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2010-04-20.

The Commission's schedule remark for this field reads: SPRINGS (COTTON VALLEY) FIELD, ADMINISTRATIVE EFFECT DATE 5/1/14.

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 Gas111994-05-25129582
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
CondensateDisposition17,901 bbl$278,355
GasProduction1,456,606 Mcf$2,641,577
Total$2,919,932

800,521 Mcf of this lease's gas, across 36 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 32.5724, -94.8337. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57237, -94.83374 · 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
0.0%
0 of 1 wells
Median depth
10,885 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
1100.0%
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.
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 10,885 ft.

Completions filed
Apr 2014
1 of 1 wells

1 well

42-18331070210,885 ftApr 2014Yes

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 (244)

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

244 months

Apr 20140095.944.81$0
Mar 2014020595.895.06$1,037
Feb 2014010297.406.19$632
Jan 2014018890.404.86$914
Dec 2013021491.824.35$932
Nov 2013027088.853.74$1,009
Oct 2013032797.423.78$1,236
Sep 20130365104.113.72$1,357
Aug 20130218104.253.52$768
Jul 2013040102.523.72$149
Jun 201305394.403.93$208
May 201309594.834.15$394
Apr 2013017193.964.28$732
Mar 2013019593.623.91$763
Feb 2013032291.233.42$1,101
Jan 2013056291.603.42$1,922
Dec 2012058586.773.42$2,001
Nov 2012061486.953.62$2,226
Oct 2012056789.383.40$1,928
Sep 2012039794.672.92$1,159
Aug 2012035492.662.91$1,029
Jul 2012034385.133.02$1,036
Jun 2012036879.822.52$927
May 2012047091.612.49$1,170
Apr 20120714101.652.00$1,426
Mar 20120443105.052.22$984
Feb 20120702101.102.57$1,804
Jan 2012076298.092.73$2,083
Dec 2011082296.873.24$2,663
Nov 2011072995.723.31$2,414
Oct 2011070684.983.65$2,576
Sep 2011048683.623.99$1,937
Aug 2011026583.404.15$1,100
Jul 2011030194.144.52$1,360
Jun 2011033192.904.64$1,536
May 2011048098.134.40$2,114
Apr 20110280105.964.33$1,213
Mar 20110096.364.06$0
Feb 20110185.644.18$4
Jan 20110186.504.59$5
Dec 2010043085.734.35$1,870
Nov 2010012080.843.80$455
Oct 2010031778.103.51$1,112
Sep 2010025572.633.98$1,015
Aug 2010014273.684.42$628
Jul 2010012772.554.74$602
Jun 201008470.364.91$412
May 2010010971.124.24$462
Apr 2010023281.694.12$956
Mar 2010035478.394.39$1,554
Feb 2010030873.585.44$1,676
Jan 2010042974.365.96$2,559
Dec 2009030471.445.48$1,667
Nov 2009346674.593.75$1,972
Oct 20091037272.544.11$2,254
Sep 2009938665.543.06$1,773
Aug 2009950567.423.22$2,232
Jul 20091054861.133.46$2,510
Jun 20091157966.163.90$2,983
May 2009062054.743.93$2,434
Apr 20091352446.773.59$2,488
Mar 20091239142.144.06$2,093
Feb 20091114932.814.63$1,051
Jan 20091122235.865.37$1,587
Dec 2008720537.105.98$1,485
Nov 2008730655.496.86$2,488
Oct 2008640475.246.92$3,248
Sep 20084429101.767.88$3,786
Aug 20085619114.228.48$5,822
Jul 20086491131.0811.39$6,379
Jun 200841,233131.3313.03$16,595
May 20084294123.1711.57$3,896
Apr 20084531110.3110.45$5,993
Mar 200813125101.909.66$2,533
Feb 20081120292.538.77$2,789
Jan 20081318390.388.21$2,677
Dec 2007020488.337.30$1,490
Nov 2007045491.677.29$3,310
Oct 2007029882.856.92$2,063
Sep 2007051875.846.24$3,234
Aug 2007054469.066.39$3,475
Jul 2007043870.906.39$2,798
Jun 2007065362.007.55$4,929
May 2007060158.747.85$4,716
Apr 2007054559.617.81$4,254
Mar 2007056056.927.30$4,089
Feb 2007060555.108.22$4,971
Jan 2007079150.306.73$5,321
Dec 200601,17056.656.92$8,095
Nov 200601,18554.207.62$9,027
Oct 200601,43854.906.01$8,648
Sep 200601,50360.085.04$7,571
Aug 200601,18568.717.34$8,698
Jul 200601,28169.376.34$8,125
Jun 200601,54166.286.38$9,838
May 200601,39566.016.42$8,963
Apr 200601,15364.397.36$8,487
Mar 200601,52656.707.08$10,809
Feb 200601,54357.597.75$11,960
Jan 200602,89160.598.93$25,826
Dec 200503,64954.9413.42$48,953
Nov 200503,87854.6910.59$41,062
Oct 200504,83258.3413.80$66,661
Sep 200502,89961.4512.08$35,017
Aug 200502,58761.519.80$25,344
Jul 200504,38055.697.84$34,355
Jun 200503,95152.337.38$29,162
May 200503,69445.226.65$24,569
Apr 200503,89449.207.36$28,662
Mar 200504,72750.377.15$33,821
Feb 200502,32245.226.31$14,656
Jan 200504,10043.166.32$25,921
Dec 200405,20939.866.75$35,166
Nov 200405,23345.286.33$33,127
Oct 200405,63949.706.52$36,739
Sep 200406,11843.245.28$32,327
Aug 200406,97842.375.55$38,733
Jul 200406,25038.286.08$38,026
Jun 200406,14236.106.43$39,512
May 200406,22737.486.49$40,442
Apr 200406,73734.475.86$39,468
Mar 200404,72734.365.53$26,141
Feb 200402,85832.455.51$15,746
Jan 200403,65032.036.30$22,994
Dec 200304,03030.266.30$25,396
Nov 200303,07928.804.60$14,149
Oct 200303,13728.174.76$14,931
Sep 200302,87126.314.75$13,635
Aug 200302,32529.765.13$11,927
Jul 200303,19229.415.17$16,505
Jun 200302,66128.565.98$15,921
May 200302,22326.595.97$13,277
Apr 200303,23926.675.41$17,514
Mar 200303,47631.146.10$21,190
Feb 200302,49433.487.93$19,767
Jan 200303,29430.315.58$18,387
Dec 200203,79826.914.85$18,435
Nov 200203,64324.664.14$15,071
Oct 200204,11326.464.23$17,394
Sep 200203,93327.443.64$14,297
Aug 200203,94225.963.16$12,473
Jul 200204,55524.583.06$13,946
Jun 200203,64623.733.34$12,171
May 200204,05524.663.58$14,533
Apr 200204,43123.653.51$15,563
Mar 200203,43322.003.10$10,652
Feb 200202,93718.222.38$6,977
Jan 200203,28117.172.38$7,795
Dec 200103,89516.932.36$9,209
Nov 200103,27718.072.41$7,883
Oct 200103,50019.782.53$8,851
Sep 200103,49524.262.25$7,868
Aug 200104,64624.873.05$14,185
Jul 200105,01023.933.20$16,017
Jun 200101,95424.563.82$7,472
May 200102,20325.524.31$9,489
Apr 200102,63424.685.34$14,053
Mar 200104,22824.545.38$22,732
Feb 200104,50727.755.77$25,992
Jan 200104,74127.478.40$39,819
Dec 200005,25426.889.12$47,930
Nov 200007,11032.215.66$40,228
Oct 200003,50031.235.15$18,009
Sep 200002,21531.875.19$11,488
Aug 200002,64329.644.54$12,001
Jul 200003,36928.534.09$13,778
Jun 200005,02829.304.40$22,109
May 200005,38127.263.68$19,801
Apr 200008,51424.513.12$26,530
Mar 200003,48528.422.86$9,966
Feb 200005,33827.622.73$14,554
Jan 200006,27225.272.48$15,558
Dec 199906,56324.282.42$15,907
Nov 199906,23623.192.43$15,178
Oct 199906,75020.982.80$18,925
Sep 199907,89821.752.62$20,684
Aug 199905,28219.262.88$15,189
Jul 199906,60017.892.37$15,658
Jun 199906,89115.942.36$16,277
May 199908,26615.792.32$19,186
Apr 199907,32915.102.21$16,183
Mar 199907,23912.471.84$13,308
Feb 199907,2569.981.82$13,190
Jan 1999010,47810.381.90$19,908
Dec 199804,5649.201.77$8,093
Nov 199808,10710.892.19$17,720
Oct 1998010,22312.421.97$20,131
Sep 199809,93012.592.08$20,680
Aug 199804,50011.301.91$8,583
Jul 199807,60811.742.24$17,021
Jun 199807,52511.242.24$16,835
May 1998010,49412.622.21$23,153
Apr 199807,67213.042.51$19,221
Mar 199809,72612.802.31$22,462
Feb 199808,22813.952.30$18,917
Jan 199808,61814.702.15$18,570
Dec 199709,21016.322.41$22,206
Nov 1997010,85618.193.09$33,526
Oct 1997011,20819.253.15$35,303
Sep 199708,84417.742.95$26,133
Aug 199709,26017.862.55$23,657
Jul 199709,14017.582.25$20,537
Jun 1997010,19517.242.26$23,012
May 1997011,50318.972.31$26,555
Apr 1997010,67417.882.08$22,232
Mar 1997011,54218.951.94$22,382
Feb 1997011,31320.492.21$24,955
Jan 1997012,62423.483.54$44,685
Dec 1996011,11523.32$0
Nov 1996012,83621.97$0
Oct 1996012,19023.31$0
Sep 199608,08322.22$0
Aug 199609,00320.26$0
Jul 1996011,03119.55$0
Jun 199606,17918.73$0
May 1996012,99619.43$0
Apr 1996012,82621.51$0
Mar 1996014,74819.38$0
Feb 1996013,14516.98$0
Jan 1996018,75117.07$0
Dec 1995020,52517.19$0
Nov 1995012,24116.00$0
Oct 1995016,29415.43$0
Sep 1995014,52916.18$0
Aug 1995019,38615.92$0
Jul 1995022,08415.24$0
Jun 1995019,14216.41$0
May 1995020,87217.56$0
Apr 199560922,66517.73$10,798
Mar 199561420,85916.44$10,094
Feb 199580723,38016.58$13,380
Jan 199560718,21515.92$9,663
Dec 199475323,05815.03$11,318
Nov 199480923,86915.90$12,863
Oct 199463119,61415.58$9,831
Sep 199460723,45115.29$9,281
Aug 19941,26228,72516.13$20,356
Jul 19941,12427,71217.56$19,737
Jun 19941,29036,87717.09$22,046
May 19941,52448,97315.88$24,201
Apr 19941,86656,70014.14$26,385
Mar 19942,49168,49412.46$31,038
Feb 19941,98751,29712.50$24,838
Jan 199473718,65612.66$9,330

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.

Mar 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 95.89 =         $0
Gas                  205 Mcf  × $  5.06 =     $1,037

────────────────────────────────────────────────────
Month total                                   $1,037

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/148728 is the state's own key, not one this site invented.