BILLY

Operated by SYDRI OPERATING, LLC (P-5 833597) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 261850District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Apr 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
182
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
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 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112012-02-07205050
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
CondensateDisposition371 bbl$30,862
GasProduction2,136,467 Mcf$7,726,739
Total$7,757,601

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 31.6057, -94.5769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.60565, -94.57688 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,043 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
00.0%
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.
1100.0%

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 13,043 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-347332161H13,043 ftJan 2012

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 (182)

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

182 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202450079.932.15$3,997
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024076776.091.78$1,368
Jan 2024059673.023.30$1,965
Dec 202301,18771.262.61$3,099
Nov 202301,06677.892.81$2,993
Oct 202301,15085.443.09$3,550
Sep 2023088289.042.74$2,412
Aug 20231681,38680.522.67$17,232
Jul 202301,69074.852.64$4,465
Jun 202301,58568.962.26$3,580
May 202301,08370.622.23$2,412
Apr 202301,18678.122.24$2,654
Mar 202301,72372.852.39$4,123
Feb 202301,76575.112.47$4,352
Jan 202301,77476.533.39$6,010
Dec 202201,84676.415.73$10,576
Nov 202202,19285.005.65$12,376
Oct 20221532,12487.185.86$25,793
Sep 202202,30984.888.16$18,850
Aug 202202,60994.529.13$23,813
Jul 202202,666101.587.54$20,107
Jun 202202,566115.097.98$20,470
May 202203,546109.378.43$29,904
Apr 202203,712104.226.84$25,381
Mar 202205,285108.885.08$26,829
Feb 202205,45591.054.86$26,505
Jan 202205,31781.844.54$24,127
Dec 202108,16371.323.90$31,829
Nov 202104,23777.435.24$22,189
Oct 202101979.795.71$109
Sep 2021018469.865.35$985
Aug 2021075866.024.22$3,199
Jul 2021064970.783.98$2,584
Jun 2021041069.493.38$1,386
May 2021035563.483.02$1,071
Apr 2021060860.362.76$1,677
Mar 2021059661.302.72$1,619
Feb 2021059857.805.55$3,318
Jan 2021066450.412.81$1,866
Dec 2020058144.642.68$1,554
Nov 2020056138.772.71$1,518
Oct 2020062636.972.48$1,552
Sep 2020047537.091.99$946
Aug 2020046939.982.39$1,119
Jul 2020036438.371.83$664
Jun 2020081134.901.69$1,371
May 2020078016.921.81$1,416
Apr 2020015814.751.80$285
Mar 2020020730.341.86$384
Feb 2020048449.881.98$959
Jan 2020057857.252.09$1,211
Dec 2019046159.012.30$1,062
Nov 2019027755.302.75$762
Oct 2019043953.472.42$1,062
Sep 2019044255.052.66$1,175
Aug 201901,74553.112.30$4,021
Jul 2019062756.272.46$1,542
Jun 2019065852.782.49$1,639
May 201901,08858.482.74$2,981
Apr 2019062262.632.75$1,711
Mar 2019066756.803.06$2,042
Feb 2019020750.852.79$578
Jan 201905646.033.23$181
Dec 2018062546.594.19$2,616
Nov 2018073752.934.24$3,123
Oct 2018038861.443.40$1,318
Sep 2018089659.543.11$2,785
Aug 201802,03659.403.07$6,244
Jul 201802,50065.142.93$7,330
Jun 201802,52560.183.08$7,769
May 201802,43665.382.90$7,066
Apr 201802,43763.842.90$7,069
Mar 201802,92861.222.79$8,160
Feb 201802,66061.782.77$7,358
Jan 201803,40562.874.01$13,652
Dec 201703,53257.272.92$10,319
Nov 201703,24155.423.12$10,107
Oct 201703,42749.292.98$10,225
Sep 201703,69547.523.09$11,408
Aug 201704,33345.373.00$13,018
Jul 201703,92043.873.09$12,102
Jun 201703,75942.493.09$11,605
May 201704,81145.373.26$15,700
Apr 201704,51247.933.21$14,491
Mar 201705,27746.772.98$15,745
Feb 201705,06250.452.95$14,946
Jan 201705,63049.413.42$19,248
Dec 201605,92948.763.72$22,073
Nov 201605,86942.492.64$15,520
Oct 201605,92346.193.09$18,304
Sep 201606,01341.553.10$18,644
Aug 201606,46341.442.92$18,900
Jul 201606,08741.622.92$17,800
Jun 201605,98245.352.69$16,067
May 201606,50242.521.99$12,946
Apr 201607,37636.561.99$14,686
Mar 201607,16633.011.79$12,856
Feb 201606,82326.472.06$14,080
Jan 201607,11727.352.36$16,827
Dec 201507,55832.362.00$15,127
Nov 201507,85338.792.17$17,020
Oct 201506,49643.552.43$15,763
Sep 201507,66842.992.76$21,152
Aug 201509,03440.162.87$25,950
Jul 201508,78148.152.95$25,861
Jun 201508,57656.152.88$24,723
May 201509,57855.212.96$28,307
Apr 201509,24649.822.71$25,025
Mar 201509,73042.892.93$28,555
Feb 201509,25644.662.98$27,548
Jan 2015010,88843.433.10$33,760
Dec 2014011,41754.693.59$41,003
Nov 2014010,07470.464.25$42,833
Oct 2014010,36078.303.90$40,414
Sep 2014010,28286.164.05$41,595
Aug 2014011,72389.394.04$47,304
Jul 2014012,35996.564.18$51,656
Jun 2014011,93398.164.74$56,525
May 2014014,24894.734.73$67,344
Apr 2014017,24095.944.81$82,909
Mar 2014014,50295.895.06$73,334
Feb 2014013,61797.406.19$84,316
Jan 2014019,43790.404.86$94,478
Dec 2013016,70891.824.35$72,755
Nov 2013016,42788.853.74$61,409
Oct 2013017,38097.423.78$65,685
Sep 2013017,662104.113.72$65,663
Aug 2013020,644104.253.52$72,721
Jul 2013019,491102.523.72$72,462
Jun 2013020,65794.403.93$81,252
May 2013022,54594.834.15$93,541
Apr 2013022,43593.964.28$96,080
Mar 2013024,22793.623.91$94,797
Feb 2013023,69091.233.42$81,018
Jan 2013028,00991.603.42$95,788
Dec 2012029,67086.773.42$101,476
Nov 2012029,73386.953.62$107,781
Oct 2012035,06489.383.40$119,206
Sep 2012036,16194.672.92$105,532
Aug 2012039,85292.662.91$115,896
Jul 2012044,10785.133.02$133,238
Jun 2012045,14579.822.52$113,722
May 2012051,66391.612.49$128,554
Apr 2012056,026101.652.00$111,873
Mar 2012063,051105.052.22$140,104
Feb 2012061,667101.102.57$158,499
Jan 2012064,18798.092.73$175,492
Dec 2011053,42996.873.24$173,096
Nov 2011080,50295.723.31$266,565
Oct 2011077,89184.983.65$284,188
Sep 2011077,90483.623.99$310,510
Aug 2011090,35983.404.15$374,928
Jul 20110102,92894.144.52$464,950
Jun 20110115,19992.904.64$534,510
May 20110142,18498.134.40$626,295
Apr 2011087,901105.964.33$380,900

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 2024 — as filed, then multipliedworked
Condensate            50 bbl  × $ 79.93 =     $3,997
Gas                    0 Mcf  × $  2.15 =         $0

────────────────────────────────────────────────────
Month total                                   $3,997

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/261850 is the state's own key, not one this site invented.