BEST, EARL PAT #1

Operated by BASA RESOURCES, INC. (P-5 53974) in the MINDEN, E. (TRAVIS PEAK TRANS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11146District 06Field 61796550OilCasinghead gasSaveExport
Value, all time
$113 k
Jan 1993 – Aug 2009
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
200
no gaps in the span
Streams
2
oil, casinghead 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 19 leases and 22 wells, and the rule below applies to all of them.

Discovered
1980-01-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: 03/28/2006 PER DOCKET 06-0245877.

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
OilDisposition2,372 bbl$46,719
Casinghead gasProduction55,492 Mcf$66,486
Total$113,205

30,383 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 32.0400, -94.7255. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.04004, -94.72554 · 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
8,130 ft
1 wells filed one
Completion to plug
25.0 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 8,130 ft.

Completions filed
Mar 1983
1 of 1 wells
Plug dates filed
Mar 2008
1 of 1 wells

Last completion to plug: a median of 25.0 years across the 1 well that filed both dates, with the middle half between 25.0 years and 25.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-401315411 T8,130 ftMar 1983Mar 2008Yes

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 (200)

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

200 months

Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 200980066.163.90$5,293
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 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
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 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 2001152027.755.77$4,218
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000025432.215.66$1,437
Oct 2000045931.235.15$2,362
Sep 2000042431.875.19$2,199
Aug 2000046229.644.54$2,098
Jul 2000047628.534.09$1,947
Jun 2000041929.304.40$1,842
May 20003448627.263.68$2,715
Apr 2000045224.513.12$1,408
Mar 2000051928.422.86$1,484
Feb 20009250727.622.73$3,923
Jan 2000050625.272.48$1,255
Dec 1999048824.282.42$1,183
Nov 1999049823.192.43$1,212
Oct 1999048520.982.80$1,360
Sep 199916951121.752.62$5,014
Aug 1999048719.262.88$1,400
Jul 1999057017.892.37$1,352
Jun 1999046715.942.36$1,103
May 199915328315.792.32$3,073
Apr 1999060515.102.21$1,336
Mar 1999053312.471.84$980
Feb 199904549.981.82$825
Jan 1999057710.381.90$1,096
Dec 199805099.201.77$903
Nov 1998054710.892.19$1,196
Oct 199811361112.421.97$2,607
Sep 1998063912.592.08$1,331
Aug 1998064611.301.91$1,232
Jul 1998062511.742.24$1,398
Jun 1998056911.242.24$1,273
May 1998062512.622.21$1,379
Apr 1998053413.042.51$1,338
Mar 199820957112.802.31$3,994
Feb 1998047513.952.30$1,092
Jan 1998060614.702.15$1,306
Dec 1997054816.322.41$1,321
Nov 1997053318.193.09$1,646
Oct 19977663719.253.15$3,469
Sep 1997056917.742.95$1,681
Aug 1997067617.862.55$1,727
Jul 1997061317.582.25$1,377
Jun 1997058617.242.26$1,323
May 1997064318.972.31$1,484
Apr 199716262717.882.08$4,202
Mar 1997065718.951.94$1,274
Feb 1997053620.492.21$1,182
Jan 1997060523.483.54$2,142
Dec 1996060923.32$0
Nov 1996061021.97$0
Oct 1996065423.31$0
Sep 199610664122.22$2,355
Aug 1996066020.26$0
Jul 1996066219.55$0
Jun 1996061118.73$0
May 1996066819.43$0
Apr 199613057121.51$2,796
Mar 1996057119.38$0
Feb 1996054516.98$0
Jan 1996066517.07$0
Dec 1995065017.19$0
Nov 1995063916.00$0
Oct 19955868415.43$895
Sep 1995060016.18$0
Aug 1995056215.92$0
Jul 1995080915.24$0
Jun 19957080216.41$1,149
May 1995083417.56$0
Apr 19954875617.73$851
Mar 1995080816.44$0
Feb 1995062316.58$0
Jan 19958562315.92$1,353
Dec 1994073315.03$0
Nov 1994060415.90$0
Oct 1994049715.58$0
Sep 19941697515.29$2,584
Aug 19940116.13$0
Jul 1994030017.56$0
Jun 1994058317.09$0
May 1994069515.88$0
Apr 1994069514.14$0
Mar 1994064012.46$0
Feb 1994023712.50$0
Jan 199415067712.66$1,899
Dec 1993059112.33$0
Nov 1993058114.49$0
Oct 1993077815.85$0
Sep 1993182015.03$15
Aug 1993079415.66$0
Jul 1993058215.46$0
Jun 199315065816.79$2,519
May 1993072817.68$0
Apr 1993082318.05$0
Mar 1993182018.14$18
Feb 1993079417.90$0
Jan 199316482016.93$2,777

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.

Jun 2009 — as filed, then multipliedworked
Oil                   80 bbl  × $ 66.16 =     $5,293
Casinghead gas         0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                   $5,293

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/O/11146 is the state's own key, not one this site invented.