BEENE

Operated by NEWCASTLE RESOURCES, LLC (P-5 606400) in the GOOD SPRINGS (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13485District 06Field 35800600OilCasinghead gasSaveExport
Value, all time
$612 k
Jan 1996 – Jul 2011
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
187
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 17 leases and 17 wells, and the rule below applies to all of them.

Discovered
1982-11-29
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 2014-06-17.

The Commission's schedule remark for this field reads: FOR HORIZONTAL RULES. P-15 AND ACRE LISTING REQUIRED.

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
OilDisposition11,385 bbl$315,822
Casinghead gasProduction70,741 Mcf$296,310
Total$612,131

7,809 Mcf of this lease's gas, across 12 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 32.0818, -95.0152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.08179, -95.01522 · 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
8,608 ft
1 wells filed one
Completion to plug
9.3 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 8,608 ft.

Completions filed
Nov 2001
1 of 1 wells
Plug dates filed
Mar 2011
1 of 1 wells

Last completion to plug: a median of 9.3 years across the 1 well that filed both dates, with the middle half between 9.3 years and 9.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0733055618,608 ftNov 2001Mar 2011Yes

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 (187)

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

187 months

Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201132096.364.06$3,084
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 2010143073.585.44$10,522
Jan 20100074.365.96$0
Dec 2009113171.445.48$790
Nov 2009022374.593.75$837
Oct 20090072.544.11$0
Sep 2009021565.543.06$659
Aug 2009019467.423.22$624
Jul 200901161.133.46$38
Jun 200901466.163.90$55
May 200901254.743.93$47
Apr 200901346.773.59$47
Mar 20091691742.144.06$7,191
Feb 200901632.814.63$74
Jan 200914035.865.37$251
Dec 200817637.105.98$491
Nov 2008019455.496.86$1,331
Oct 2008127175.246.92$1,951
Sep 20081219101.767.88$1,827
Aug 2008084114.228.48$713
Jul 20080260131.0811.39$2,961
Jun 2008169264131.3313.03$25,635
May 20081302123.1711.57$3,619
Apr 20080160110.3110.45$1,673
Mar 20081167101.909.66$1,716
Feb 2008015792.538.77$1,377
Jan 2008122590.388.21$1,937
Dec 2007123088.337.30$1,768
Nov 2007020491.677.29$1,488
Oct 200716928882.856.92$15,995
Sep 2007132675.846.24$2,111
Aug 2007032569.066.39$2,076
Jul 2007031370.906.39$1,999
Jun 2007127862.007.55$2,160
May 2007123858.747.85$1,926
Apr 2007125459.617.81$2,042
Mar 200717020356.927.30$11,159
Feb 20073055.108.22$165
Jan 2007172250.306.73$4,907
Dec 200601456.656.92$97
Nov 2006015054.207.62$1,143
Oct 200606354.906.01$379
Sep 2006020560.085.04$1,033
Aug 200618150468.717.34$16,136
Jul 2006017369.376.34$1,097
Jun 2006028766.286.38$1,832
May 2006059966.016.42$3,849
Apr 200617776664.397.36$17,035
Mar 2006077056.707.08$5,454
Feb 2006029157.597.75$2,256
Jan 2006034160.598.93$3,046
Dec 2005057254.9413.42$7,674
Nov 2005067154.6910.59$7,105
Oct 2005043158.3413.80$5,946
Sep 2005030461.4512.08$3,672
Aug 200517658461.519.80$16,547
Jul 2005063355.697.84$4,965
Jun 2005068052.337.38$5,019
May 2005058845.226.65$3,911
Apr 2005154449.207.36$4,053
Mar 200518136350.377.15$11,714
Feb 2005143145.226.31$2,766
Jan 2005044943.166.32$2,839
Dec 2004152739.866.75$3,598
Nov 2004061445.286.33$3,887
Oct 2004057349.706.52$3,733
Sep 2004024843.245.28$1,310
Aug 20040042.375.55$0
Jul 2004191138.286.08$7,318
Jun 20040136.106.43$6
May 2004176137.486.49$6,603
Apr 20041134.475.86$40
Mar 2004177134.365.53$6,087
Feb 20041132.455.51$38
Jan 2004185132.036.30$5,932
Dec 200318218830.266.30$6,692
Nov 2003018528.804.60$850
Oct 2003017428.174.76$828
Sep 2003015126.314.75$717
Aug 2003020429.765.13$1,046
Jul 2003017729.415.17$915
Jun 2003126528.565.98$1,614
May 2003064526.595.97$3,852
Apr 2003064526.675.41$3,488
Mar 2003070531.146.10$4,298
Feb 20030033.487.93$0
Jan 2003018630.315.58$1,038
Dec 2002050926.914.85$2,471
Nov 2002050224.664.14$2,077
Oct 2002075626.464.23$3,197
Sep 2002056027.443.64$2,036
Aug 200218965825.963.16$6,988
Jul 2002068624.583.06$2,100
Jun 20020123.733.34$3
May 2002186324.663.58$3,118
Apr 2002090323.653.51$3,172
Mar 2002094522.003.10$2,932
Feb 2002272418.222.38$1,756
Jan 200218777017.172.38$5,040
Dec 2001083116.932.36$1,965
Nov 2001078318.072.41$1,884
Oct 2001030719.782.53$776
Sep 2001031224.262.25$702
Aug 2001023124.873.05$705
Jul 2001031323.933.20$1,001
Jun 2001126424.563.82$1,034
May 2001041525.524.31$1,788
Apr 2001035524.685.34$1,894
Mar 200107024.545.38$376
Feb 2001024927.755.77$1,436
Jan 2001061827.478.40$5,190
Dec 2000151926.889.12$4,761
Nov 2000047432.215.66$2,682
Oct 2000051231.235.15$2,635
Sep 2000048131.875.19$2,495
Aug 2000084829.644.54$3,851
Jul 200011,02028.534.09$4,200
Jun 20001531,27229.304.40$10,076
May 200011,37227.263.68$5,076
Apr 200001,16124.513.12$3,618
Mar 20001711,43728.422.86$8,969
Feb 200001,25527.622.73$3,422
Jan 20001531,44925.272.48$7,461
Dec 199911,09524.282.42$2,678
Nov 1999028123.192.43$684
Oct 1999033320.982.80$934
Sep 1999036821.752.62$964
Aug 1999042719.262.88$1,228
Jul 1999046917.892.37$1,113
Jun 199913251015.942.36$3,309
May 1999046715.792.32$1,084
Apr 1999046615.102.21$1,029
Mar 1999051112.471.84$939
Feb 199904309.981.82$782
Jan 1999045610.381.90$866
Dec 199804419.201.77$782
Nov 1998046410.892.19$1,014
Oct 199812942812.421.97$2,445
Sep 1998045612.592.08$950
Aug 199816448911.301.91$2,786
Jul 1998050811.742.24$1,137
Jun 199815667711.242.24$3,268
May 1998052012.622.21$1,147
Apr 199815958313.042.51$3,534
Mar 1998067912.802.31$1,568
Feb 199816063013.952.30$3,680
Jan 199815855814.702.15$3,525
Dec 199714443616.322.41$3,401
Nov 1997042418.193.09$1,309
Oct 199715258819.253.15$4,778
Sep 1997057217.742.95$1,690
Aug 199715746517.862.55$3,992
Jul 199716518917.582.25$3,325
Jun 199713920417.242.26$2,857
May 199735219118.972.31$7,118
Apr 1997017117.882.08$356
Mar 199716916318.951.94$3,519
Feb 199717515620.492.21$3,930
Jan 199717114923.483.54$4,543
Dec 199617438223.32$4,058
Nov 199626036021.97$5,712
Oct 199617736423.31$4,126
Sep 199617341322.22$3,844
Aug 199634748920.26$7,030
Jul 199635234919.55$6,882
Jun 19965331,05118.73$9,983
May 199653996119.43$10,473
Apr 19969451,23721.51$20,327
Mar 19961,0661,71319.38$20,659
Feb 199649048916.98$8,320
Jan 1996285117.07$4,865

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.

Mar 2011 — as filed, then multipliedworked
Oil                   32 bbl  × $ 96.36 =     $3,084
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $3,084

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/13485 is the state's own key, not one this site invented.