BEATTY, H. E.

Operated by CHALKER ENERGY MANAGEMENT II,LLC (P-5 142303) in the BETHANY (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 29458District 06Field 07527403NGPA filingCondensateGasSaveExport
Value, all time
$313 k
Jan 1993 – Jul 2006
Value, last 12 filed months
$0
at the published price for each month
Months reported
163
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 191 leases and 191 wells, and the rule below applies to all of them.

Discovered
1938-10-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: CONDUCTED DURING THE MONTHS OF APRIL, MAY OR JUNE, DUE JULY,

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
CondensateDisposition962 bbl$17,164
GasProduction148,581 Mcf$295,366
Total$312,530

66,464 Mcf of this lease's gas, across 47 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 32.4060, -94.3332. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.40600, -94.33323 · 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
6,740 ft
1 wells filed one
Completion to plug
46.0 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 6,740 ft.

Completions filed
Jul 1960
1 of 1 wells
Plug dates filed
Jul 2006
1 of 1 wells

Last completion to plug: a median of 46.0 years across the 1 well that filed both dates, with the middle half between 46.0 years and 46.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2030197516,740 ftJul 1960Jul 2006Yes

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 (163)

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

163 months

Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040842.375.55$44
Jul 2004021438.286.08$1,302
Jun 2004021236.106.43$1,364
May 2004015937.486.49$1,033
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 2004026932.036.30$1,695
Dec 200301,50430.266.30$9,478
Nov 200301,20828.804.60$5,551
Oct 200301,50928.174.76$7,182
Sep 200301,38326.314.75$6,568
Aug 200301,22029.765.13$6,258
Jul 200301,57429.415.17$8,139
Jun 200301,56928.565.98$9,387
May 200301,15526.595.97$6,898
Apr 200301,33426.675.41$7,213
Mar 200301,18331.146.10$7,212
Feb 200301,21133.487.93$9,598
Jan 200301,42430.315.58$7,949
Dec 200201,24526.914.85$6,043
Nov 2002098124.664.14$4,058
Oct 200201,60726.464.23$6,796
Sep 200201,23327.443.64$4,482
Aug 200201,44225.963.16$4,563
Jul 200201,33624.583.06$4,091
Jun 200201,29123.733.34$4,310
May 200201,33524.663.58$4,785
Apr 200201,24923.653.51$4,387
Mar 2002083422.003.10$2,588
Feb 200201,55818.222.38$3,701
Jan 200201,21417.172.38$2,884
Dec 200101,14316.932.36$2,703
Nov 2001099418.072.41$2,391
Oct 200101,28719.782.53$3,255
Sep 200101,04424.262.25$2,350
Aug 2001098124.873.05$2,995
Jul 200101,17423.933.20$3,753
Jun 200101,15724.563.82$4,425
May 200101,07925.524.31$4,648
Apr 2001048524.685.34$2,588
Mar 2001027124.545.38$1,457
Feb 20010027.755.77$0
Jan 200102327.478.40$193
Dec 2000024226.889.12$2,208
Nov 2000076832.215.66$4,345
Oct 2000096431.235.15$4,960
Sep 2000082531.875.19$4,279
Aug 200001,56329.644.54$7,097
Jul 2000045428.534.09$1,857
Jun 200001,08129.304.40$4,753
May 200001,19127.263.68$4,383
Apr 2000074224.513.12$2,312
Mar 2000066428.422.86$1,899
Feb 2000082327.622.73$2,244
Jan 2000076025.272.48$1,885
Dec 1999029624.282.42$717
Nov 1999071323.192.43$1,735
Oct 1999064820.982.80$1,817
Sep 1999069721.752.62$1,825
Aug 1999065519.262.88$1,884
Jul 199901,06517.892.37$2,527
Jun 199901,24515.942.36$2,941
May 1999022315.792.32$518
Apr 199903515.102.21$77
Mar 1999022512.471.84$414
Feb 199904639.981.82$842
Jan 1999024910.381.90$473
Dec 199801389.201.77$245
Nov 199801710.892.19$37
Oct 1998051212.421.97$1,008
Sep 1998069012.592.08$1,437
Aug 1998080511.301.91$1,535
Jul 1998073611.742.24$1,647
Jun 199801,11211.242.24$2,488
May 1998092512.622.21$2,041
Apr 1998068213.042.51$1,709
Mar 199801,02412.802.31$2,365
Feb 1998099913.952.30$2,297
Jan 199801,14514.702.15$2,467
Dec 199701,20016.322.41$2,893
Nov 1997171,32118.193.09$4,389
Oct 19971421,38519.253.15$7,096
Sep 1997095617.742.95$2,825
Aug 199701,15517.862.55$2,951
Jul 199701,19017.582.25$2,674
Jun 199701,07617.242.26$2,429
May 199701,35618.972.31$3,130
Apr 199701,21517.882.08$2,531
Mar 199701,15818.951.94$2,246
Feb 199701,23420.492.21$2,722
Jan 199701,39623.483.54$4,941
Dec 199601,30723.32$0
Nov 1996931,14721.97$2,043
Oct 199601,75923.31$0
Sep 19960022.22$0
Aug 1996028920.26$0
Jul 199601,01119.55$0
Jun 199601,14118.73$0
May 1996083519.43$0
Apr 199601,28621.51$0
Mar 19961801,47619.38$3,488
Feb 199601,17816.98$0
Jan 199601,34017.07$0
Dec 199501,42617.19$0
Nov 199501,79816.00$0
Oct 1995016715.43$0
Sep 199501,07716.18$0
Aug 199501,83215.92$0
Jul 199501,55115.24$0
Jun 199501,53516.41$0
May 199501,69917.56$0
Apr 19951771,51917.73$3,138
Mar 199501,67016.44$0
Feb 199501,03016.58$0
Jan 199501,53115.92$0
Dec 199401,87115.03$0
Nov 199401,87215.90$0
Oct 199401,84115.58$0
Sep 199401,10015.29$0
Aug 199401,43216.13$0
Jul 199401,44917.56$0
Jun 199401,36217.09$0
May 19941721,60115.88$2,731
Apr 199401,39014.14$0
Mar 199401,51812.46$0
Feb 199401,53012.50$0
Jan 199401,79912.66$0
Dec 199301,58712.33$0
Nov 199301,28314.49$0
Oct 199301,49615.85$0
Sep 19931811,51515.03$2,720
Aug 199301,71015.66$0
Jul 199301,58515.46$0
Jun 199301,72016.79$0
May 199301,31117.68$0
Apr 199301,72118.05$0
Mar 199301,41818.14$0
Feb 199301,32617.90$0
Jan 199301,42316.93$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.

Aug 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 42.37 =         $0
Gas                    8 Mcf  × $  5.55 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/29458 is the state's own key, not one this site invented.