BEASLEY 3 UNIT

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

Gas lease lease 78722District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$2.5 M
Jan 1993 – Nov 2019
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
323
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
CondensateDisposition5,400 bbl$135,759
GasProduction684,961 Mcf$2,332,957
Total$2,468,716

196,792 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 32.0460, -94.2994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04600, -94.29942 · 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
9,500 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 9,500 ft.

Completions filed
Nov 2019
1 of 1 wells

1 well

42-3653071039,500 ftNov 2019Yes

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 (323)

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

323 months

Nov 20190055.302.75$0
Oct 2019025453.472.42$614
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20191062.632.75$63
Mar 20191056.803.06$57
Feb 20192050.852.79$102
Jan 20190046.033.23$0
Dec 20185046.594.19$233
Nov 20180052.934.24$0
Oct 2018021661.443.40$734
Sep 2018628559.543.11$1,243
Aug 2018034559.403.07$1,058
Jul 2018134065.142.93$1,062
Jun 2018038060.183.08$1,169
May 20180065.382.90$0
Apr 2018014263.842.90$412
Mar 2018046961.222.79$1,307
Feb 2018031161.782.77$860
Jan 2018037962.874.01$1,520
Dec 2017344857.272.92$1,481
Nov 2017036955.423.12$1,151
Oct 20170049.292.98$0
Sep 201708347.523.09$256
Aug 2017020845.373.00$625
Jul 20170043.873.09$0
Jun 20176042.493.09$255
May 201714745.373.26$199
Apr 2017019747.933.21$633
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20174049.413.42$198
Dec 2016313648.763.72$653
Nov 2016026042.492.64$688
Oct 20163046.193.09$139
Sep 2016015041.553.10$465
Aug 2016033141.442.92$968
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016017442.521.99$346
Apr 20160036.561.99$0
Mar 2016040433.011.79$725
Feb 201602026.472.06$41
Jan 2016011327.352.36$267
Dec 201505332.362.00$106
Nov 201503438.792.17$74
Oct 2015020643.552.43$500
Sep 2015030042.992.76$828
Aug 2015039040.162.87$1,120
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201509455.212.96$278
Apr 2015024349.822.71$658
Mar 201505642.892.93$164
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014023654.693.59$848
Nov 2014028570.464.25$1,212
Oct 2014024878.303.90$967
Sep 2014026186.164.05$1,056
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014019698.164.74$928
May 2014018494.734.73$870
Apr 2014027695.944.81$1,327
Mar 2014329695.895.06$1,784
Feb 2014037597.406.19$2,322
Jan 201419190.404.86$533
Dec 2013144991.824.35$2,047
Nov 2013119788.853.74$825
Oct 2013738997.423.78$2,152
Sep 20131110104.113.72$513
Aug 20131499104.253.52$1,862
Jul 201311,316102.523.72$4,995
Jun 20131090694.403.93$4,508
May 201311,38094.834.15$5,821
Apr 201302,43993.964.28$10,445
Mar 2013087293.623.91$3,412
Feb 201302,93591.233.42$10,037
Jan 201302,71191.603.42$9,271
Dec 201202,61686.773.42$8,947
Nov 201201,24286.953.62$4,502
Oct 2012168189.383.40$2,405
Sep 2012271194.672.92$2,264
Aug 201211,71992.662.91$5,092
Jul 201211,30885.133.02$4,036
Jun 201223,32879.822.52$8,543
May 201211,06491.612.49$2,739
Apr 20120156101.652.00$312
Mar 20121787105.052.22$1,854
Feb 20125785101.102.57$2,523
Jan 201242,46698.092.73$7,135
Dec 201113,62396.873.24$11,834
Nov 201106895.723.31$225
Oct 2011018784.983.65$682
Sep 2011019683.623.99$781
Aug 2011017483.404.15$722
Jul 2011027394.144.52$1,233
Jun 2011019492.904.64$900
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011018686.504.59$854
Dec 2010040885.734.35$1,774
Nov 2010125180.843.80$1,033
Oct 2010045478.103.51$1,593
Sep 2010153972.633.98$2,218
Aug 2010047073.684.42$2,077
Jul 2010180272.554.74$3,871
Jun 2010165270.364.91$3,272
May 201021,04371.124.24$4,560
Apr 201061,34981.694.12$6,052
Mar 201062,95078.394.39$13,417
Feb 2010135973.585.44$2,027
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 20092061.133.46$122
Jun 2009341366.163.90$1,807
May 2009895854.743.93$4,199
Apr 20092497546.773.59$4,620
Mar 2009481,62342.144.06$8,610
Feb 2009451,54532.814.63$8,634
Jan 2009452,02935.865.37$12,511
Dec 2008212,28037.105.98$14,407
Nov 2008122,57255.496.86$18,311
Oct 200862,92575.246.92$20,698
Sep 200862,379101.767.88$19,350
Aug 200861,103114.228.48$10,042
Jul 2008111,390131.0811.39$17,273
Jun 200861,961131.3313.03$26,345
May 200871,855123.1711.57$22,333
Apr 2008142,367110.3110.45$26,291
Mar 200862,173101.909.66$21,611
Feb 2008132,13192.538.77$19,893
Jan 2008142,44990.388.21$21,361
Dec 2007112,75188.337.30$21,059
Nov 200752,41491.677.29$18,061
Oct 2007122,75082.856.92$20,030
Sep 200762,61475.846.24$16,777
Aug 200792,63669.066.39$17,460
Jul 200752,19470.906.39$14,370
Jun 200792,50862.007.55$19,490
May 2007212,73958.747.85$22,725
Apr 200762,69159.617.81$21,361
Mar 200762,76456.927.30$20,524
Feb 200762,48955.108.22$20,780
Jan 200762,64450.306.73$18,088
Dec 200652,79756.656.92$19,634
Nov 200652,68154.207.62$20,693
Oct 200652,70754.906.01$16,554
Sep 200602,49360.085.04$12,558
Aug 200652,75168.717.34$20,536
Jul 200662,56769.376.34$16,698
Jun 200662,62666.286.38$17,162
May 200662,78166.016.42$18,264
Apr 200602,69164.397.36$19,807
Mar 200662,73256.707.08$19,691
Feb 200662,53757.597.75$20,010
Jan 200662,88360.598.93$26,118
Dec 200563,01554.9413.42$40,777
Nov 200572,99154.6910.59$32,053
Oct 200563,67058.3413.80$50,980
Sep 200581,28661.4512.08$16,025
Aug 200592,37561.519.80$23,821
Jul 200582,40955.697.84$19,341
Jun 2005143,00252.337.38$22,891
May 2005133,24945.226.65$22,197
Apr 2005143,36249.207.36$25,435
Mar 2005304,69750.377.15$35,118
Feb 20051272545.226.31$5,119
Jan 2005141,05843.166.32$7,293
Dec 2004121,15239.866.75$8,256
Nov 2004111,13545.286.33$7,683
Oct 2004112,77149.706.52$18,600
Sep 2004102,62043.245.28$14,276
Aug 2004113,08442.375.55$17,584
Jul 2004103,20038.286.08$19,852
Jun 2004103,39736.106.43$22,214
May 2004262,99937.486.49$20,452
Apr 2004153,29234.475.86$19,803
Mar 2004301,23834.365.53$7,877
Feb 2004301,50532.455.51$9,265
Jan 2004142,60332.036.30$16,846
Dec 2003302,93830.266.30$19,422
Nov 2003212,90628.804.60$13,958
Oct 2003103,04728.174.76$14,784
Sep 2003112,99626.314.75$14,518
Aug 2003103,07229.765.13$16,056
Jul 2003113,09029.415.17$16,301
Jun 2003212,93928.565.98$18,184
May 2003233,22026.595.97$19,844
Apr 2003113,40926.675.41$18,727
Mar 2003192,91731.146.10$18,374
Feb 2003232,49533.487.93$20,545
Jan 2003243,07130.315.58$17,870
Dec 2002263,22626.914.85$16,358
Nov 2002243,22424.664.14$13,929
Oct 2002232,99226.464.23$13,262
Sep 2002113,01627.443.64$11,266
Aug 2002112,82025.963.16$9,208
Jul 2002223,23224.583.06$10,436
Jun 2002243,14823.733.34$11,078
May 2002253,27424.663.58$12,351
Apr 2002243,07423.653.51$11,364
Mar 2002233,20222.003.10$10,441
Feb 2002242,86718.222.38$7,248
Jan 2002363,33717.172.38$8,546
Dec 2001243,35516.932.36$8,339
Nov 2001233,26518.072.41$8,270
Oct 2001213,37719.782.53$8,955
Sep 2001223,27524.262.25$7,907
Aug 2001223,57324.873.05$11,456
Jul 2001223,65523.933.20$12,212
Jun 2001113,57324.563.82$13,934
May 2001233,53725.524.31$15,822
Apr 2001323,46824.685.34$19,293
Mar 2001313,60424.545.38$20,137
Feb 2001223,23627.755.77$19,273
Jan 2001433,71027.478.40$32,341
Dec 2000323,56026.889.12$33,336
Nov 2000243,54132.215.66$20,808
Oct 2000343,70231.235.15$20,110
Sep 2000213,15931.875.19$17,053
Aug 2000203,37929.644.54$15,936
Jul 2000303,74628.534.09$16,176
Jun 2000193,61729.304.40$16,462
May 2000333,62227.263.68$14,228
Apr 2000263,46424.513.12$11,431
Mar 2000293,72328.422.86$11,471
Feb 2000333,51927.622.73$10,506
Jan 2000353,79325.272.48$10,293
Dec 1999343,85624.282.42$10,171
Nov 1999253,85723.192.43$9,968
Oct 1999383,91820.982.80$11,782
Sep 1999352,98121.752.62$8,568
Aug 1999354,45719.262.88$13,491
Jul 1999364,36717.892.37$11,004
Jun 1999494,04715.942.36$10,340
May 1999374,06415.792.32$10,017
Apr 1999313,62215.102.21$8,466
Mar 1999193,73612.471.84$7,105
Feb 1999143,5379.981.82$6,569
Jan 1999224,48110.381.90$8,742
Dec 1998152,8979.201.77$5,275
Nov 1998174,19310.892.19$9,350
Oct 199894,32912.421.97$8,636
Sep 1998134,72512.592.08$10,004
Aug 1998132,39011.301.91$4,705
Jul 1998194,36711.742.24$9,993
Jun 1998223,94211.242.24$9,067
May 1998243,44312.622.21$7,899
Apr 1998193,67713.042.51$9,460
Mar 1998253,70412.802.31$8,874
Feb 1998162,96113.952.30$7,031
Jan 19988562114.702.15$2,588
Dec 19970016.322.41$0
Nov 1997181018.193.09$3,292
Oct 19971019.253.15$19
Sep 199703,18617.742.95$9,414
Aug 199712,28717.862.55$5,861
Jul 199713,50817.582.25$7,900
Jun 19971453,52317.242.26$10,452
May 199713,24018.972.31$7,499
Apr 1997563,08917.882.08$7,435
Mar 199713,73718.951.94$7,266
Feb 199703,00220.492.21$6,622
Jan 199713,92823.483.54$13,927
Dec 19961812,89023.32$4,221
Nov 199613,22821.97$22
Oct 199603,22323.31$0
Sep 199613,97822.22$22
Aug 199604,17520.26$0
Jul 19961574,17419.55$3,069
Jun 199603,91618.73$0
May 199603,63219.43$0
Apr 199604,09921.51$0
Mar 199604,20419.38$0
Feb 19961713,99116.98$2,904
Jan 199604,24617.07$0
Dec 199504,27517.19$0
Nov 199504,20016.00$0
Oct 19951584,30615.43$2,438
Sep 199504,15916.18$0
Aug 199504,37515.92$0
Jul 199504,31415.24$0
Jun 19951754,14516.41$2,872
May 199514,30317.56$18
Apr 199504,21717.73$0
Mar 199504,43916.44$0
Feb 19952113,85316.58$3,498
Jan 199514,55215.92$16
Dec 199404,35815.03$0
Nov 199412,37015.90$16
Oct 199404,59815.58$0
Sep 19941874,74115.29$2,859
Aug 199404,61416.13$0
Jul 199403,37917.56$0
Jun 199413,71617.09$17
May 199414,11915.88$16
Apr 19941884,11214.14$2,658
Mar 199414,28712.46$12
Feb 199433,72412.50$38
Jan 19941894,11012.66$2,393
Dec 199323,89412.33$25
Nov 199304,22114.49$0
Oct 199304,37515.85$0
Sep 19931604,27415.03$2,405
Aug 199304,40415.66$0
Jul 19931884,36515.46$2,906
Jun 199304,22016.79$0
May 199304,51717.68$0
Apr 199304,58618.05$0
Mar 19931844,11818.14$3,338
Feb 199304,12717.90$0
Jan 19931924,66916.93$3,251

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.

Oct 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 53.47 =         $0
Gas                  254 Mcf  × $  2.42 =       $614

────────────────────────────────────────────────────
Month total                                     $614

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/78722 is the state's own key, not one this site invented.