BASHARA,J.M.

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

Operated by MERIT ENERGY COMPANY (P-5 561136) in the KEYSTONE (HOLT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23009District 08Field 49129396Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$2.4 M

Jan 1993 – Dec 2015

Value, last 12 filed months

$104 k

at the published price for each month

Months reported

276

no gaps in the span

Streams

oil, casinghead gas

The KEYSTONE (HOLT) 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 63 leases and 354 wells, and the rule below applies to all of them.

Discovered

1943-09-08

as the register files it

Field class

Oil and gas

the register's own label

Between wells

660 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 1975-07-07.

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: “ INTO THE KEYSTONE (CONSOLIDATED) FIELD.”

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	63,324 bbl	$2,289,530
Casinghead gas	Production	43,467 Mcf	$153,016
Total			$2,442,546

9,057 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 (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 31.9591, -103.0545. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.95914, -103.05452 · 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%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

10,058 ft

2 wells filed one

Completion to plug

50.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

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.

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

Between 10,033 and 10,083 ft, median 10,058 ft, over the 2 wells that filed a depth.

Completions filed

Jun 1953 – Dec 1973

2 of 2 wells

Plug dates filed

Sep 2003

1 of 2 wells; 1 filed none

Last completion to plug: a median of 50.3 years across the 1 well that filed both dates, with the middle half between 50.3 years and 50.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-49505186	4	10,033 ft	Dec 1973	—	Yes
42-49505182	5	10,083 ft	Jun 1953	Sep 2003	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 (276)

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

276 months


Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	447	173	40.16	2.87	$18,448
Jul 2015	287	165	48.15	2.95	$14,305
Jun 2015	192	153	56.15	2.88	$11,222
May 2015	216	169	55.21	2.96	$12,425
Apr 2015	260	171	49.82	2.71	$13,416
Mar 2015	248	90	42.89	2.93	$10,901
Feb 2015	253	146	44.66	2.98	$11,734
Jan 2015	263	139	43.43	3.10	$11,853
Dec 2014	272	119	54.69	3.59	$15,303
Nov 2014	263	134	70.46	4.25	$19,101
Oct 2014	260	172	78.30	3.90	$21,029
Sep 2014	403	171	86.16	4.05	$35,414
Aug 2014	143	170	89.39	4.04	$13,469
Jul 2014	313	181	96.56	4.18	$30,980
Jun 2014	316	128	98.16	4.74	$31,625
May 2014	317	119	94.73	4.73	$30,592
Apr 2014	262	121	95.94	4.81	$25,718
Mar 2014	116	69	95.89	5.06	$11,472
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	317	99	90.40	4.86	$29,138
Dec 2013	478	130	91.82	4.35	$44,456
Nov 2013	268	133	88.85	3.74	$24,309
Oct 2013	169	110	97.42	3.78	$16,880
Sep 2013	40	68	104.11	3.72	$4,417
Aug 2013	132	59	104.25	3.52	$13,969
Jul 2013	133	52	102.52	3.72	$13,828
Jun 2013	136	68	94.40	3.93	$13,106
May 2013	133	80	94.83	4.15	$12,944
Apr 2013	158	45	93.96	4.28	$15,038
Mar 2013	193	54	93.62	3.91	$18,280
Feb 2013	224	75	91.23	3.42	$20,692
Jan 2013	79	58	91.60	3.42	$7,435
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	1	0	94.14	4.52	$94
Jun 2011	80	0	92.90	4.64	$7,432
May 2011	0	33	98.13	4.40	$145
Apr 2011	135	101	105.96	4.33	$14,742
Mar 2011	136	9	96.36	4.06	$13,141
Feb 2011	0	86	85.64	4.18	$359
Jan 2011	112	75	86.50	4.59	$10,032
Dec 2010	126	115	85.73	4.35	$11,302
Nov 2010	234	107	80.84	3.80	$19,323
Oct 2010	0	111	78.10	3.51	$389
Sep 2010	127	122	72.63	3.98	$9,710
Aug 2010	130	96	73.68	4.42	$10,003
Jul 2010	129	116	72.55	4.74	$9,908
Jun 2010	124	97	70.36	4.91	$9,201
May 2010	136	126	71.12	4.24	$10,206
Apr 2010	126	114	81.69	4.12	$10,763
Mar 2010	92	106	78.39	4.39	$7,677
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	66	74.36	5.96	$394
Dec 2009	126	107	71.44	5.48	$9,588
Nov 2009	113	84	74.59	3.75	$8,744
Oct 2009	83	12	72.54	4.11	$6,070
Sep 2009	0	35	65.54	3.06	$107
Aug 2009	277	115	67.42	3.22	$19,045
Jul 2009	0	76	61.13	3.46	$263
Jun 2009	155	140	66.16	3.90	$10,800
May 2009	123	79	54.74	3.93	$7,043
Apr 2009	100	65	46.77	3.59	$4,910
Mar 2009	10	35	42.14	4.06	$563
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
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	19	0	101.90	9.66	$1,936
Feb 2008	223	0	92.53	8.77	$20,634
Jan 2008	0	120	90.38	8.21	$985
Dec 2007	256	228	88.33	7.30	$24,277
Nov 2007	257	336	91.67	7.29	$26,009
Oct 2007	245	221	82.85	6.92	$21,828
Sep 2007	259	147	75.84	6.24	$20,560
Aug 2007	251	135	69.06	6.39	$18,196
Jul 2007	251	221	70.90	6.39	$19,208
Jun 2007	252	159	62.00	7.55	$16,824
May 2007	253	215	58.74	7.85	$16,548
Apr 2007	253	188	59.61	7.81	$16,549
Mar 2007	255	159	56.92	7.30	$15,676
Feb 2007	252	140	55.10	8.22	$15,035
Jan 2007	257	123	50.30	6.73	$13,755
Dec 2006	256	225	56.65	6.92	$16,059
Nov 2006	255	199	54.20	7.62	$15,337
Oct 2006	252	176	54.90	6.01	$14,893
Sep 2006	0	125	60.08	5.04	$630
Aug 2006	250	159	68.71	7.34	$18,345
Jul 2006	250	152	69.37	6.34	$18,307
Jun 2006	499	187	66.28	6.38	$34,268
May 2006	0	192	66.01	6.42	$1,234
Apr 2006	504	192	64.39	7.36	$33,866
Mar 2006	263	161	56.70	7.08	$16,052
Feb 2006	0	103	57.59	7.75	$798
Jan 2006	286	153	60.59	8.93	$18,696
Dec 2005	0	130	54.94	13.42	$1,744
Nov 2005	294	214	54.69	10.59	$18,345
Oct 2005	289	236	58.34	13.80	$20,116
Sep 2005	606	224	61.45	12.08	$39,944
Aug 2005	339	191	61.51	9.80	$22,723
Jul 2005	290	183	55.69	7.84	$17,585
Jun 2005	244	192	52.33	7.38	$14,186
May 2005	204	180	45.22	6.65	$10,422
Apr 2005	516	197	49.20	7.36	$26,837
Mar 2005	0	282	50.37	7.15	$2,018
Feb 2005	327	222	45.22	6.31	$16,188
Jan 2005	317	247	43.16	6.32	$15,243
Dec 2004	298	219	39.86	6.75	$13,357
Nov 2004	305	176	45.28	6.33	$14,925
Oct 2004	286	217	49.70	6.52	$15,628
Sep 2004	279	180	43.24	5.28	$13,015
Aug 2004	305	222	42.37	5.55	$14,155
Jul 2004	353	238	38.28	6.08	$14,961
Jun 2004	366	201	36.10	6.43	$14,506
May 2004	367	181	37.48	6.49	$14,931
Apr 2004	286	85	34.47	5.86	$10,356
Mar 2004	291	139	34.36	5.53	$10,767
Feb 2004	289	154	32.45	5.51	$10,227
Jan 2004	257	138	32.03	6.30	$9,101
Dec 2003	329	139	30.26	6.30	$10,831
Nov 2003	316	162	28.80	4.60	$9,845
Oct 2003	304	151	28.17	4.76	$9,282
Sep 2003	0	118	26.31	4.75	$560
Aug 2003	270	143	29.76	5.13	$8,769
Jul 2003	281	188	29.41	5.17	$9,236
Jun 2003	295	193	28.56	5.98	$9,580
May 2003	294	179	26.59	5.97	$8,887
Apr 2003	584	170	26.67	5.41	$16,495
Mar 2003	294	158	31.14	6.10	$10,118
Feb 2003	0	144	33.48	7.93	$1,141
Jan 2003	508	121	30.31	5.58	$16,073
Dec 2002	310	129	26.91	4.85	$8,968
Nov 2002	0	145	24.66	4.14	$600
Oct 2002	301	166	26.46	4.23	$8,666
Sep 2002	579	198	27.44	3.64	$16,608
Aug 2002	295	200	25.96	3.16	$8,291
Jul 2002	296	220	24.58	3.06	$7,949
Jun 2002	298	223	23.73	3.34	$7,816
May 2002	297	210	24.66	3.58	$8,077
Apr 2002	298	264	23.65	3.51	$7,975
Mar 2002	299	158	22.00	3.10	$7,068
Feb 2002	299	184	18.22	2.38	$5,885
Jan 2002	302	209	17.17	2.38	$5,682
Dec 2001	296	116	16.93	2.36	$5,286
Nov 2001	310	238	18.07	2.41	$6,174
Oct 2001	315	292	19.78	2.53	$6,969
Sep 2001	326	286	24.26	2.25	$8,553
Aug 2001	308	320	24.87	3.05	$8,637
Jul 2001	294	330	23.93	3.20	$8,090
Jun 2001	291	313	24.56	3.82	$8,344
May 2001	296	301	25.52	4.31	$8,850
Apr 2001	293	271	24.68	5.34	$8,677
Mar 2001	312	233	24.54	5.38	$8,909
Feb 2001	312	91	27.75	5.77	$9,183
Jan 2001	0	153	27.47	8.40	$1,285
Dec 2000	297	162	26.88	9.12	$9,461
Nov 2000	291	181	32.21	5.66	$10,397
Oct 2000	318	188	31.23	5.15	$10,898
Sep 2000	322	242	31.87	5.19	$11,517
Aug 2000	322	256	29.64	4.54	$10,707
Jul 2000	324	251	28.53	4.09	$10,270
Jun 2000	330	228	29.30	4.40	$10,672
May 2000	318	241	27.26	3.68	$9,556
Apr 2000	305	247	24.51	3.12	$8,245
Mar 2000	332	258	28.42	2.86	$10,173
Feb 2000	346	231	27.62	2.73	$10,186
Jan 2000	333	227	25.27	2.48	$8,978
Dec 1999	328	235	24.28	2.42	$8,533
Nov 1999	293	268	23.19	2.43	$7,447
Oct 1999	215	209	20.98	2.80	$5,097
Sep 1999	199	176	21.75	2.62	$4,789
Aug 1999	356	204	19.26	2.88	$7,443
Jul 1999	202	188	17.89	2.37	$4,060
Jun 1999	296	189	15.94	2.36	$5,165
May 1999	290	203	15.79	2.32	$5,050
Apr 1999	530	219	15.10	2.21	$8,487
Mar 1999	246	206	12.47	1.84	$3,446
Feb 1999	281	167	9.98	1.82	$3,108
Jan 1999	281	410	10.38	1.90	$3,696
Dec 1998	561	176	9.20	1.77	$5,473
Nov 1998	278	2,410	10.89	2.19	$8,295
Oct 1998	287	196	12.42	1.97	$3,951
Sep 1998	273	163	12.59	2.08	$3,777
Aug 1998	266	200	11.30	1.91	$3,387
Jul 1998	273	143	11.74	2.24	$3,525
Jun 1998	522	157	11.24	2.24	$6,219
May 1998	274	160	12.62	2.21	$3,811
Apr 1998	247	114	13.04	2.51	$3,506
Mar 1998	280	165	12.80	2.31	$3,965
Feb 1998	277	170	13.95	2.30	$4,255
Jan 1998	256	169	14.70	2.15	$4,127
Dec 1997	276	145	16.32	2.41	$4,854
Nov 1997	278	217	18.19	3.09	$5,727
Oct 1997	552	233	19.25	3.15	$11,360
Sep 1997	260	235	17.74	2.95	$5,307
Aug 1997	283	251	17.86	2.55	$5,696
Jul 1997	567	268	17.58	2.25	$10,570
Jun 1997	285	236	17.24	2.26	$5,446
May 1997	559	249	18.97	2.31	$11,179
Apr 1997	284	249	17.88	2.08	$5,597
Mar 1997	290	273	18.95	1.94	$6,025
Feb 1997	345	219	20.49	2.21	$7,552
Jan 1997	529	197	23.48	3.54	$13,118
Dec 1996	0	94	23.32	—	$0
Nov 1996	130	85	21.97	—	$2,856
Oct 1996	93	89	23.31	—	$2,168
Sep 1996	93	71	22.22	—	$2,066
Aug 1996	0	24	20.26	—	$0
Jul 1996	158	84	19.55	—	$3,089
Jun 1996	161	99	18.73	—	$3,016
May 1996	227	128	19.43	—	$4,411
Apr 1996	372	172	21.51	—	$8,002
Mar 1996	185	163	19.38	—	$3,585
Feb 1996	184	126	16.98	—	$3,124
Jan 1996	458	157	17.07	—	$7,818
Dec 1995	260	183	17.19	—	$4,469
Nov 1995	300	216	16.00	—	$4,800
Oct 1995	596	216	15.43	—	$9,196
Sep 1995	302	253	16.18	—	$4,886
Aug 1995	301	275	15.92	—	$4,792
Jul 1995	594	262	15.24	—	$9,053
Jun 1995	304	242	16.41	—	$4,989
May 1995	297	253	17.56	—	$5,215
Apr 1995	608	259	17.73	—	$10,780
Mar 1995	298	260	16.44	—	$4,899
Feb 1995	307	224	16.58	—	$5,090
Jan 1995	277	191	15.92	—	$4,410
Dec 1994	273	175	15.03	—	$4,103
Nov 1994	275	234	15.90	—	$4,373
Oct 1994	418	198	15.58	—	$6,512
Sep 1994	214	171	15.29	—	$3,272
Aug 1994	212	199	16.13	—	$3,420
Jul 1994	403	170	17.56	—	$7,077
Jun 1994	208	187	17.09	—	$3,555
May 1994	205	199	15.88	—	$3,255
Apr 1994	413	189	14.14	—	$5,840
Mar 1994	214	193	12.46	—	$2,666
Feb 1994	214	146	12.50	—	$2,675
Jan 1994	416	115	12.66	—	$5,267
Dec 1993	229	212	12.33	—	$2,824
Nov 1993	436	215	14.49	—	$6,318
Oct 1993	221	221	15.85	—	$3,503
Sep 1993	427	209	15.03	—	$6,418
Aug 1993	219	203	15.66	—	$3,430
Jul 1993	401	234	15.46	—	$6,199
Jun 1993	432	231	16.79	—	$7,253
May 1993	212	245	17.68	—	$3,748
Apr 1993	436	259	18.05	—	$7,870
Mar 1993	449	250	18.14	—	$8,145
Feb 1993	223	235	17.90	—	$3,992
Jan 1993	438	241	16.93	—	$7,415

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.

Aug 2015 — as filed, then multipliedworked

Oil                  447 bbl  × $ 40.16 =    $17,952
Casinghead gas       173 Mcf  × $  2.87 =       $497

────────────────────────────────────────────────────
Month total                                  $18,448

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/23009 is the state's own key, not one this site invented.