BELL OIL UNIT #1

Name: BELL OIL UNIT #1 lease production and value, Feb 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GEO-VEST OF TEXAS, INC. (P-5 300267) in the DANVILLE (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13879District 06Field 23089812OilCasinghead gasSave Export

Value, all time

$1.5 M

Feb 1999 – Jun 2008

Value, last 12 filed months

$94 k

at the published price for each month

Months reported

113

no gaps in the span

Streams

oil, casinghead gas

The DANVILLE (TRAVIS PEAK CONS.) field

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 85 leases and 87 wells, and the rule below applies to all of them.

Discovered

1993-11-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1999-11-02.

The Commission's schedule remark for this field reads: “PER DOCKET #06-0254453.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	33,065 bbl	$1,115,804
Casinghead gas	Production	72,624 Mcf	$431,678
Total			$1,547,482

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 32.4229, -94.8063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42288, -94.80628 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,880 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 7,880 ft.

Completions filed

Mar 1998

1 of 1 wells

1 well


42-18331019	1	7,880 ft	Mar 1998	—	Yes

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 (113)

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

113 months


Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	116	668	90.38	8.21	$15,966
Dec 2007	275	700	88.33	7.30	$29,402
Nov 2007	95	585	91.67	7.29	$12,974
Oct 2007	144	319	82.85	6.92	$14,139
Sep 2007	0	346	75.84	6.24	$2,160
Aug 2007	200	455	69.06	6.39	$16,719
Jul 2007	0	410	70.90	6.39	$2,619
Jun 2007	0	400	62.00	7.55	$3,019
May 2007	174	940	58.74	7.85	$17,596
Apr 2007	65	459	59.61	7.81	$7,457
Mar 2007	86	543	56.92	7.30	$8,860
Feb 2007	103	996	55.10	8.22	$13,858
Jan 2007	127	659	50.30	6.73	$10,821
Dec 2006	100	828	56.65	6.92	$11,393
Nov 2006	300	929	54.20	7.62	$23,337
Oct 2006	144	949	54.90	6.01	$13,613
Sep 2006	313	941	60.08	5.04	$23,545
Aug 2006	173	899	68.71	7.34	$18,485
Jul 2006	303	1,016	69.37	6.34	$27,463
Jun 2006	94	1,029	66.28	6.38	$12,799
May 2006	81	1,163	66.01	6.42	$12,819
Apr 2006	480	1,536	64.39	7.36	$42,213
Mar 2006	243	1,491	56.70	7.08	$24,339
Feb 2006	500	1,474	57.59	7.75	$40,220
Jan 2006	76	2,082	60.59	8.93	$23,204
Dec 2005	499	1,943	54.94	13.42	$53,481
Nov 2005	345	1,592	54.69	10.59	$35,725
Oct 2005	275	1,165	58.34	13.80	$32,116
Sep 2005	77	702	61.45	12.08	$13,211
Aug 2005	142	1,096	61.51	9.80	$19,472
Jul 2005	297	500	55.69	7.84	$20,462
Jun 2005	300	500	52.33	7.38	$19,390
May 2005	325	500	45.22	6.65	$18,022
Apr 2005	140	500	49.20	7.36	$10,568
Mar 2005	260	500	50.37	7.15	$16,674
Feb 2005	300	500	45.22	6.31	$16,722
Jan 2005	300	500	43.16	6.32	$16,109
Dec 2004	151	500	39.86	6.75	$9,394
Nov 2004	300	500	45.28	6.33	$16,749
Oct 2004	368	500	49.70	6.52	$21,547
Sep 2004	150	500	43.24	5.28	$9,128
Aug 2004	130	222	42.37	5.55	$6,740
Jul 2004	480	500	38.28	6.08	$21,416
Jun 2004	162	500	36.10	6.43	$9,065
May 2004	240	500	37.48	6.49	$12,242
Apr 2004	500	500	34.47	5.86	$20,164
Mar 2004	343	500	34.36	5.53	$14,551
Feb 2004	325	500	32.45	5.51	$13,301
Jan 2004	151	500	32.03	6.30	$7,986
Dec 2003	481	500	30.26	6.30	$17,706
Nov 2003	152	500	28.80	4.60	$6,675
Oct 2003	476	500	28.17	4.76	$15,789
Sep 2003	327	500	26.31	4.75	$10,978
Aug 2003	300	500	29.76	5.13	$11,493
Jul 2003	161	500	29.41	5.17	$7,320
Jun 2003	240	500	28.56	5.98	$9,846
May 2003	158	101	26.59	5.97	$4,804
Apr 2003	500	600	26.67	5.41	$16,579
Mar 2003	500	600	31.14	6.10	$19,228
Feb 2003	159	600	33.48	7.93	$10,079
Jan 2003	500	600	30.31	5.58	$18,504
Dec 2002	169	600	26.91	4.85	$7,460
Nov 2002	173	600	24.66	4.14	$6,748
Oct 2002	375	600	26.46	4.23	$12,460
Sep 2002	264	600	27.44	3.64	$9,425
Aug 2002	350	600	25.96	3.16	$10,985
Jul 2002	518	600	24.58	3.06	$14,570
Jun 2002	341	600	23.73	3.34	$10,095
May 2002	640	600	24.66	3.58	$17,933
Apr 2002	100	600	23.65	3.51	$4,472
Mar 2002	709	600	22.00	3.10	$17,460
Feb 2002	350	530	18.22	2.38	$7,636
Jan 2002	530	600	17.17	2.38	$10,526
Dec 2001	161	600	16.93	2.36	$4,144
Nov 2001	505	600	18.07	2.41	$10,569
Oct 2001	511	600	19.78	2.53	$11,625
Sep 2001	178	600	24.26	2.25	$5,669
Aug 2001	479	600	24.87	3.05	$13,745
Jul 2001	533	602	23.93	3.20	$14,679
Jun 2001	420	606	24.56	3.82	$12,633
May 2001	306	606	25.52	4.31	$10,419
Apr 2001	317	600	24.68	5.34	$11,025
Mar 2001	564	606	24.54	5.38	$17,099
Feb 2001	526	550	27.75	5.77	$17,768
Jan 2001	167	610	27.47	8.40	$9,711
Dec 2000	321	610	26.88	9.12	$14,193
Nov 2000	487	610	32.21	5.66	$19,138
Oct 2000	386	610	31.23	5.15	$15,194
Sep 2000	425	610	31.87	5.19	$16,709
Aug 2000	265	610	29.64	4.54	$10,624
Jul 2000	243	610	28.53	4.09	$9,428
Jun 2000	298	615	29.30	4.40	$11,436
May 2000	397	620	27.26	3.68	$13,104
Apr 2000	369	620	24.51	3.12	$10,976
Mar 2000	515	520	28.42	2.86	$16,123
Feb 2000	373	500	27.62	2.73	$11,666
Jan 2000	538	164	25.27	2.48	$14,002
Dec 1999	513	151	24.28	2.42	$12,822
Nov 1999	392	225	23.19	2.43	$9,638
Oct 1999	521	718	20.98	2.80	$12,944
Sep 1999	592	210	21.75	2.62	$13,426
Aug 1999	449	307	19.26	2.88	$9,531
Jul 1999	510	511	17.89	2.37	$10,336
Jun 1999	588	511	15.94	2.36	$10,580
May 1999	306	1,372	15.79	2.32	$8,016
Apr 1999	193	1,822	15.10	2.21	$6,937
Mar 1999	210	1,195	12.47	1.84	$4,816
Feb 1999	282	1,055	9.98	1.82	$4,732

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.

Jan 2008 — as filed, then multipliedworked

Oil                  116 bbl  × $ 90.38 =    $10,484
Casinghead gas       668 Mcf  × $  8.21 =     $5,481

────────────────────────────────────────────────────
Month total                                  $15,966

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/13879 is the state's own key, not one this site invented.