HOWE

Operated by BASA RESOURCES, INC. (P-5 53974) 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 86444District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$77 k
Jan 1993 – Sep 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
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
NGPA2none

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
CondensateDisposition200 bbl$3,096
GasProduction47,694 Mcf$74,104
Total$77,200

28,227 Mcf of this lease's gas, across 46 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 32.3200, -94.3907. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32002, -94.39072 · 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
10,302 ft
1 wells filed one
Completion to plug
35.6 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 10,302 ft.

Completions filed
Feb 1980
1 of 1 wells
Plug dates filed
Sep 2015
1 of 1 wells

Last completion to plug: a median of 35.6 years across the 1 well that filed both dates, with the middle half between 35.6 years and 35.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36531023110,302 ftFeb 1980Sep 2015Yes

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 (273)

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

273 months

Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
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 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 200707075.846.24$437
Aug 200702269.066.39$141
Jul 200708270.906.39$524
Jun 200709062.007.55$679
May 200706658.747.85$518
Apr 2007011859.617.81$921
Mar 200707056.927.30$511
Feb 200709355.108.22$764
Jan 2007012550.306.73$841
Dec 2006016256.656.92$1,121
Nov 200606454.207.62$488
Oct 200603854.906.01$229
Sep 200602060.085.04$101
Aug 200603868.717.34$279
Jul 200605069.376.34$317
Jun 200605566.286.38$351
May 200602966.016.42$186
Apr 20060764.397.36$52
Mar 200604856.707.08$340
Feb 200605257.597.75$403
Jan 200605960.598.93$527
Dec 200505954.9413.42$792
Nov 2005021954.6910.59$2,319
Oct 2005021258.3413.80$2,925
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200501355.697.84$102
Jun 20050152.337.38$7
May 200502845.226.65$186
Apr 200507649.207.36$559
Mar 2005014250.377.15$1,016
Feb 200508745.226.31$549
Jan 20050043.166.32$0
Dec 2004011339.866.75$763
Nov 200406645.286.33$418
Oct 2004011449.706.52$743
Sep 200405243.245.28$275
Aug 200406142.375.55$339
Jul 200408838.286.08$535
Jun 200408936.106.43$573
May 200406537.486.49$422
Apr 200409834.475.86$574
Mar 200409734.365.53$536
Feb 2004010632.455.51$584
Jan 200407332.036.30$460
Dec 200309030.266.30$567
Nov 200308628.804.60$395
Oct 200309828.174.76$466
Sep 200308926.314.75$423
Aug 2003010329.765.13$528
Jul 200309329.415.17$481
Jun 2003010228.565.98$610
May 2003012826.595.97$765
Apr 2003011926.675.41$643
Mar 2003010031.146.10$610
Feb 200309933.487.93$785
Jan 2003011130.315.58$620
Dec 2002014026.914.85$680
Nov 2002014224.664.14$587
Oct 2002020826.464.23$880
Sep 2002017227.443.64$625
Aug 2002011625.963.16$367
Jul 2002011724.583.06$358
Jun 200209323.733.34$310
May 200208624.663.58$308
Apr 2002011723.653.51$411
Mar 200208122.003.10$251
Feb 2002021418.222.38$508
Jan 200207317.172.38$173
Dec 200101,14016.932.36$2,695
Nov 2001036518.072.41$878
Oct 2001073419.782.53$1,856
Sep 2001015924.262.25$358
Aug 2001012424.873.05$379
Jul 2001014923.933.20$476
Jun 2001015324.563.82$585
May 2001015125.524.31$650
Apr 2001011924.685.34$635
Mar 200108024.545.38$430
Feb 200108727.755.77$502
Jan 2001012827.478.40$1,075
Dec 200008726.889.12$794
Nov 200008632.215.66$487
Oct 2000010231.235.15$525
Sep 2000010431.875.19$539
Aug 2000015629.644.54$708
Jul 2000012628.534.09$515
Jun 200009929.304.40$435
May 2000010327.263.68$379
Apr 200009724.513.12$302
Mar 2000010728.422.86$306
Feb 200004527.622.73$123
Jan 200005525.272.48$136
Dec 199906524.282.42$158
Nov 199908123.192.43$197
Oct 1999011220.982.80$314
Sep 199909521.752.62$249
Aug 1999011819.262.88$339
Jul 1999014517.892.37$344
Jun 1999014315.942.36$338
May 1999015215.792.32$353
Apr 1999015215.102.21$336
Mar 1999020112.471.84$370
Feb 199901969.981.82$356
Jan 1999019610.381.90$372
Dec 199801799.201.77$317
Nov 1998019810.892.19$433
Oct 1998020912.421.97$412
Sep 1998025212.592.08$525
Aug 1998022811.301.91$435
Jul 1998023111.742.24$517
Jun 1998023111.242.24$517
May 1998023312.622.21$514
Apr 1998041713.042.51$1,045
Mar 1998026212.802.31$605
Feb 1998011313.952.30$260
Jan 1998011314.702.15$243
Dec 1997013716.322.41$330
Nov 1997068518.193.09$2,115
Oct 1997084519.253.15$2,662
Sep 1997025717.742.95$759
Aug 1997025317.862.55$646
Jul 1997020017.582.25$449
Jun 1997010617.242.26$239
May 1997045818.972.31$1,057
Apr 1997046617.882.08$971
Mar 1997050818.951.94$985
Feb 1997044420.492.21$979
Jan 1997023623.483.54$835
Dec 1996026023.32$0
Nov 1996057121.97$0
Oct 1996055223.31$0
Sep 1996039422.22$0
Aug 1996060020.26$0
Jul 1996069519.55$0
Jun 1996066018.73$0
May 1996067719.43$0
Apr 1996060421.51$0
Mar 1996058319.38$0
Feb 1996056616.98$0
Jan 1996068417.07$0
Dec 1995064117.19$0
Nov 1995031416.00$0
Oct 1995070815.43$0
Sep 1995064816.18$0
Aug 1995047315.92$0
Jul 1995047915.24$0
Jun 1995054416.41$0
May 1995069217.56$0
Apr 1995067317.73$0
Mar 1995068516.44$0
Feb 1995061116.58$0
Jan 1995059215.92$0
Dec 1994064315.03$0
Nov 1994069315.90$0
Oct 1994074515.58$0
Sep 1994072215.29$0
Aug 1994069616.13$0
Jul 1994070917.56$0
Jun 1994082517.09$0
May 1994066915.88$0
Apr 1994061814.14$0
Mar 1994034512.46$0
Feb 1994077912.50$0
Jan 1994024912.66$0
Dec 1993012712.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 1993071115.03$0
Aug 1993781315.66$110
Jul 19931921,22415.46$2,968
Jun 1993015516.79$0
May 199311,19317.68$18
Apr 1993085218.05$0
Mar 1993031718.14$0
Feb 1993075317.90$0
Jan 1993048316.93$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.

Sep 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.84 =         $0
Gas                   70 Mcf  × $  6.24 =       $437

────────────────────────────────────────────────────
Month total                                     $437

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/86444 is the state's own key, not one this site invented.