BLACK STONE MINERALS CO. GU

Name: BLACK STONE MINERALS CO. GU lease production and value, Jul 2008 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by TANOS EXPLORATION II, LLC (P-5 835976) in the BRACHFIELD, S.E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 240431District 06Field 111835002 tax incentive programmesCondensateGasSave Export

Value, all time

$680 k

Jul 2008 – Sep 2016

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The BRACHFIELD, S.E. (COTTON VALLEY) field

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 382 leases and 382 wells, and the rule below applies to all of them.

Discovered

1981-02-10

as the register files it

Field class

Gas

the register's own label

Between wells

330 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 2014-10-14.

The Commission's schedule remark for this field reads: “API NO. 401-34011.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2009-02-10	189516
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	392 bbl	$34,020
Gas	Production	83,294 Mcf	$646,044
Total			$680,064

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 32.0634, -94.7006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.06343, -94.70064 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,900 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 10,900 ft.

Completions filed

Apr 2017

1 of 1 wells

1 well


42-40134708	17	10,900 ft	Apr 2017	—	Yes

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 (99)

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

99 months


Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	81	41.62	2.92	$237
Jun 2016	0	44	45.35	2.69	$118
May 2016	0	118	42.52	1.99	$235
Apr 2016	0	116	36.56	1.99	$231
Mar 2016	0	135	33.01	1.79	$242
Feb 2016	0	94	26.47	2.06	$194
Jan 2016	0	71	27.35	2.36	$168
Dec 2015	0	89	32.36	2.00	$178
Nov 2015	1	88	38.79	2.17	$230
Oct 2015	0	78	43.55	2.43	$189
Sep 2015	0	64	42.99	2.76	$177
Aug 2015	0	62	40.16	2.87	$178
Jul 2015	0	73	48.15	2.95	$215
Jun 2015	2	60	56.15	2.88	$285
May 2015	0	92	55.21	2.96	$272
Apr 2015	0	85	49.82	2.71	$230
Mar 2015	1	152	42.89	2.93	$489
Feb 2015	0	214	44.66	2.98	$637
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	1	0	54.69	3.59	$55
Nov 2014	0	105	70.46	4.25	$446
Oct 2014	1	173	78.30	3.90	$753
Sep 2014	0	155	86.16	4.05	$627
Aug 2014	4	230	89.39	4.04	$1,286
Jul 2014	0	158	96.56	4.18	$660
Jun 2014	1	155	98.16	4.74	$832
May 2014	0	160	94.73	4.73	$756
Apr 2014	0	167	95.94	4.81	$803
Mar 2014	1	178	95.89	5.06	$996
Feb 2014	0	143	97.40	6.19	$885
Jan 2014	0	251	90.40	4.86	$1,220
Dec 2013	1	177	91.82	4.35	$863
Nov 2013	0	207	88.85	3.74	$774
Oct 2013	2	241	97.42	3.78	$1,106
Sep 2013	1	192	104.11	3.72	$818
Aug 2013	0	210	104.25	3.52	$740
Jul 2013	0	272	102.52	3.72	$1,011
Jun 2013	0	173	94.40	3.93	$680
May 2013	1	232	94.83	4.15	$1,057
Apr 2013	0	214	93.96	4.28	$916
Mar 2013	1	213	93.62	3.91	$927
Feb 2013	0	216	91.23	3.42	$739
Jan 2013	0	158	91.60	3.42	$540
Dec 2012	3	171	86.77	3.42	$845
Nov 2012	0	179	86.95	3.62	$649
Oct 2012	1	353	89.38	3.40	$1,289
Sep 2012	0	443	94.67	2.92	$1,293
Aug 2012	0	331	92.66	2.91	$963
Jul 2012	1	388	85.13	3.02	$1,257
Jun 2012	0	351	79.82	2.52	$884
May 2012	0	349	91.61	2.49	$868
Apr 2012	1	359	101.65	2.00	$819
Mar 2012	0	364	105.05	2.22	$809
Feb 2012	7	371	101.10	2.57	$1,661
Jan 2012	0	279	98.09	2.73	$763
Dec 2011	2	504	96.87	3.24	$1,827
Nov 2011	0	215	95.72	3.31	$712
Oct 2011	2	489	84.98	3.65	$1,954
Sep 2011	0	537	83.62	3.99	$2,140
Aug 2011	0	690	83.40	4.15	$2,863
Jul 2011	2	514	94.14	4.52	$2,510
Jun 2011	0	513	92.90	4.64	$2,380
May 2011	0	506	98.13	4.40	$2,229
Apr 2011	2	522	105.96	4.33	$2,474
Mar 2011	0	630	96.36	4.06	$2,556
Feb 2011	2	352	85.64	4.18	$1,643
Jan 2011	0	392	86.50	4.59	$1,799
Dec 2010	2	512	85.73	4.35	$2,398
Nov 2010	0	707	80.84	3.80	$2,683
Oct 2010	2	597	78.10	3.51	$2,251
Sep 2010	0	855	72.63	3.98	$3,402
Aug 2010	1	677	73.68	4.42	$3,066
Jul 2010	0	683	72.55	4.74	$3,235
Jun 2010	17	675	70.36	4.91	$4,511
May 2010	1	685	71.12	4.24	$2,972
Apr 2010	2	680	81.69	4.12	$2,967
Mar 2010	2	635	78.39	4.39	$2,944
Feb 2010	0	375	73.58	5.44	$2,041
Jan 2010	1	234	74.36	5.96	$1,470
Dec 2009	1	554	71.44	5.48	$3,109
Nov 2009	1	502	74.59	3.75	$1,958
Oct 2009	0	342	72.54	4.11	$1,406
Sep 2009	0	420	65.54	3.06	$1,287
Aug 2009	2	167	67.42	3.22	$672
Jul 2009	0	634	61.13	3.46	$2,196
Jun 2009	0	584	66.16	3.90	$2,275
May 2009	2	652	54.74	3.93	$2,669
Apr 2009	63	910	46.77	3.59	$6,211
Mar 2009	3	641	42.14	4.06	$2,728
Feb 2009	3	877	32.81	4.63	$4,162
Jan 2009	14	1,112	35.86	5.37	$6,475
Dec 2008	7	1	37.10	5.98	$266
Nov 2008	11	0	55.49	6.86	$610
Oct 2008	38	1	75.24	6.92	$2,866
Sep 2008	33	5,668	101.76	7.88	$48,005
Aug 2008	109	18,789	114.22	8.48	$171,837
Jul 2008	36	28,227	131.08	11.39	$326,208

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.

Jul 2016 — as filed, then multipliedworked

Condensate             0 bbl  × $ 41.62 =         $0
Gas                   81 Mcf  × $  2.92 =       $237

────────────────────────────────────────────────────
Month total                                     $237

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/240431 is the state's own key, not one this site invented.