BEAVERS

Name: BEAVERS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BC OPERATING, INC. (P-5 58893) in the PRIEST & BEAVERS (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14481District 08Field 73167500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$369 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The PRIEST & BEAVERS (QUEEN) 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 22 leases and 82 wells, and the rule below applies to all of them.

Discovered

1957-08-28

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2014-12-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “AND NO MAXIMUM DIAGONALS.”

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	16,985 bbl	$369,160
Casinghead gas	Production	24 Mcf	$0
Total			$369,160

24 Mcf of this lease's gas, across 24 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 (2)

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 30.8130, -102.1442. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.81297, -102.14416 · 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

50.0%

1 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

2,104 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

150.0%

A plug date is filed

150.0%

BothOn the schedule and plugged. Neither fact cancels the other.

150.0%

NeitherNo plug date, and not on the schedule.

150.0%

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

Between 2,068 and 2,140 ft, median 2,104 ft, over the 2 wells that filed a depth.

Completions filed

Feb 2019

1 of 2 wells; 1 filed none

Plug dates filed

May 2002

1 of 2 wells; 1 filed none

2 wells


42-37103610	1	2,068 ft	—	May 2002	Yes
42-37103708	2	2,140 ft	Feb 2019	—	—

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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	305	0	54.20	7.62	$16,531
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	172	0	60.08	5.04	$10,334
Aug 2006	172	0	68.71	7.34	$11,818
Jul 2006	158	0	69.37	6.34	$10,960
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	165	0	58.34	13.80	$9,626
Sep 2005	166	0	61.45	12.08	$10,201
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	162	0	55.69	7.84	$9,022
Jun 2005	164	0	52.33	7.38	$8,582
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	165	0	30.26	6.30	$4,993
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	177	0	28.17	4.76	$4,986
Sep 2003	175	0	26.31	4.75	$4,604
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	165	0	29.41	5.17	$4,853
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	184	0	26.67	5.41	$4,907
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	157	0	33.48	7.93	$5,256
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	335	0	24.66	4.14	$8,261
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	176	0	25.96	3.16	$4,569
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	169	0	28.53	4.09	$4,822
Jun 2000	0	0	29.30	4.40	$0
May 2000	176	0	27.26	3.68	$4,798
Apr 2000	174	0	24.51	3.12	$4,265
Mar 2000	165	0	28.42	2.86	$4,689
Feb 2000	181	0	27.62	2.73	$4,999
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	352	0	24.28	2.42	$8,547
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	175	0	17.89	2.37	$3,131
Jun 1999	165	0	15.94	2.36	$2,630
May 1999	0	0	15.79	2.32	$0
Apr 1999	181	0	15.10	2.21	$2,733
Mar 1999	178	0	12.47	1.84	$2,220
Feb 1999	181	0	9.98	1.82	$1,806
Jan 1999	179	0	10.38	1.90	$1,858
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	183	0	10.89	2.19	$1,993
Oct 1998	183	0	12.42	1.97	$2,273
Sep 1998	180	0	12.59	2.08	$2,266
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	174	0	11.74	2.24	$2,043
Jun 1998	180	0	11.24	2.24	$2,023
May 1998	180	0	12.62	2.21	$2,272
Apr 1998	176	0	13.04	2.51	$2,295
Mar 1998	182	0	12.80	2.31	$2,330
Feb 1998	185	0	13.95	2.30	$2,581
Jan 1998	179	0	14.70	2.15	$2,631
Dec 1997	181	0	16.32	2.41	$2,954
Nov 1997	0	0	18.19	3.09	$0
Oct 1997	183	0	19.25	3.15	$3,523
Sep 1997	171	0	17.74	2.95	$3,034
Aug 1997	174	0	17.86	2.55	$3,108
Jul 1997	176	0	17.58	2.25	$3,094
Jun 1997	157	0	17.24	2.26	$2,707
May 1997	157	0	18.97	2.31	$2,978
Apr 1997	154	0	17.88	2.08	$2,754
Mar 1997	137	0	18.95	1.94	$2,596
Feb 1997	157	0	20.49	2.21	$3,217
Jan 1997	183	0	23.48	3.54	$4,297
Dec 1996	177	0	23.32	—	$4,128
Nov 1996	172	0	21.97	—	$3,779
Oct 1996	175	0	23.31	—	$4,079
Sep 1996	0	0	22.22	—	$0
Aug 1996	177	0	20.26	—	$3,586
Jul 1996	176	0	19.55	—	$3,441
Jun 1996	176	0	18.73	—	$3,296
May 1996	177	0	19.43	—	$3,439
Apr 1996	171	0	21.51	—	$3,678
Mar 1996	171	0	19.38	—	$3,314
Feb 1996	169	0	16.98	—	$2,870
Jan 1996	170	0	17.07	—	$2,902
Dec 1995	162	0	17.19	—	$2,785
Nov 1995	163	0	16.00	—	$2,608
Oct 1995	152	0	15.43	—	$2,345
Sep 1995	169	0	16.18	—	$2,734
Aug 1995	165	0	15.92	—	$2,627
Jul 1995	170	0	15.24	—	$2,591
Jun 1995	175	0	16.41	—	$2,872
May 1995	173	1	17.56	—	$3,038
Apr 1995	163	1	17.73	—	$2,890
Mar 1995	157	1	16.44	—	$2,581
Feb 1995	161	0	16.58	—	$2,669
Jan 1995	129	0	15.92	—	$2,054
Dec 1994	163	0	15.03	—	$2,450
Nov 1994	283	0	15.90	—	$4,500
Oct 1994	164	0	15.58	—	$2,555
Sep 1994	165	1	15.29	—	$2,523
Aug 1994	158	1	16.13	—	$2,549
Jul 1994	164	1	17.56	—	$2,880
Jun 1994	164	1	17.09	—	$2,803
May 1994	164	1	15.88	—	$2,604
Apr 1994	328	1	14.14	—	$4,638
Mar 1994	160	1	12.46	—	$1,994
Feb 1994	0	1	12.50	—	$0
Jan 1994	325	1	12.66	—	$4,115
Dec 1993	158	1	12.33	—	$1,948
Nov 1993	164	1	14.49	—	$2,376
Oct 1993	174	1	15.85	—	$2,758
Sep 1993	172	1	15.03	—	$2,585
Aug 1993	167	1	15.66	—	$2,615
Jul 1993	172	1	15.46	—	$2,659
Jun 1993	166	1	16.79	—	$2,787
May 1993	166	1	17.68	—	$2,935
Apr 1993	168	1	18.05	—	$3,032
Mar 1993	320	1	18.14	—	$5,805
Feb 1993	0	1	17.90	—	$0
Jan 1993	164	1	16.93	—	$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.

Nov 2006 — as filed, then multipliedworked

Oil                  305 bbl  × $ 54.20 =    $16,531
Casinghead gas         0 Mcf  × $  7.62 =         $0

────────────────────────────────────────────────────
Month total                                  $16,531

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. 08/O/14481 is the state's own key, not one this site invented.