BADE "B"

Operated by BENNETT, R. C., COMPANY (P-5 65324) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25247District 08Field 20097700NGPA filingOilCasinghead gasSaveExport
Value, all time
$863 k
Jan 1993 – Mar 2002
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
111
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 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered
1978-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition5,780 bbl$109,463
Casinghead gasProduction399,008 Mcf$753,860
Total$863,323

144,047 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 31.8148, -101.1703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.81477, -101.17032 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
8,100 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
2100.0%
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

Between 8,050 and 8,150 ft, median 8,100 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1978 – May 1996
2 of 2 wells

2 wells

42-4313282428,150 ftMay 1996Yes
42-4313071018,050 ftNov 1978Yes

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 (111)

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

111 months

Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 2002144017.172.38$2,472
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001134019.782.53$2,651
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 200103,61024.563.82$13,805
May 200104,39725.524.31$18,939
Apr 200102,76824.685.34$14,768
Mar 200103,44624.545.38$18,527
Feb 20011753,15927.755.77$23,074
Jan 200103,37127.478.40$28,312
Dec 200003,48626.889.12$31,801
Nov 200003,30732.215.66$18,711
Oct 20001733,67431.235.15$24,307
Sep 200003,33131.875.19$17,276
Aug 200003,39629.644.54$15,420
Jul 200003,85928.534.09$15,782
Jun 200003,82129.304.40$16,802
May 200004,01427.263.68$14,771
Apr 200003,79024.513.12$11,810
Mar 200003,98928.422.86$11,408
Feb 20001743,43927.622.73$14,182
Jan 200004,37425.272.48$10,850
Dec 199903,91924.282.42$9,499
Nov 199904,35623.192.43$10,602
Oct 199904,26720.982.80$11,963
Sep 199903,78421.752.62$9,910
Aug 199904,41619.262.88$12,699
Jul 19991514,50117.892.37$13,379
Jun 19991914,70415.942.36$14,156
May 199905,84715.792.32$13,571
Apr 199905,28215.102.21$11,663
Mar 199955,32012.471.84$9,842
Feb 199904,7629.981.82$8,656
Jan 19991686,04010.381.90$13,220
Dec 199805,5029.201.77$9,757
Nov 199804,99210.892.19$10,911
Oct 199804,87012.421.97$9,590
Sep 19981754,54812.592.08$11,675
Aug 199804,66011.301.91$8,888
Jul 199804,87711.742.24$10,911
Jun 199804,87511.242.24$10,907
May 199805,17312.622.21$11,413
Apr 19981835,15213.042.51$15,294
Mar 199805,41012.802.31$12,494
Feb 199805,12413.952.30$11,781
Jan 19981905,99914.702.15$15,720
Dec 19971866,11016.322.41$17,767
Nov 199706,11318.193.09$18,879
Oct 199706,39019.253.15$20,127
Sep 199706,14717.742.95$18,164
Aug 19971716,26917.862.55$19,070
Jul 199706,79717.582.25$15,272
Jun 199706,67417.242.26$15,065
May 19971856,89518.972.31$19,427
Apr 199707,06517.882.08$14,715
Mar 19971746,06118.951.94$15,050
Feb 1997176020.492.21$3,606
Jan 19971776,82923.483.54$28,329
Dec 199607,24023.32$0
Nov 19961877,35721.97$4,108
Oct 19961808,21123.31$4,196
Sep 19961787,90222.22$3,955
Aug 19961807,72720.26$3,647
Jul 19965377,95019.55$10,498
Jun 19965377,58118.73$10,058
May 199602,16519.43$0
Apr 199602,08721.51$0
Mar 199602,42919.38$0
Feb 199601,70916.98$0
Jan 19961772,45317.07$3,021
Dec 199502,38717.19$0
Nov 199502,34416.00$0
Oct 199502,39515.43$0
Sep 199502,36116.18$0
Aug 199502,41515.92$0
Jul 199502,47915.24$0
Jun 19951812,34916.41$2,970
May 199502,52417.56$0
Apr 199502,37717.73$0
Mar 199502,60516.44$0
Feb 199502,13016.58$0
Jan 199502,45915.92$0
Dec 199402,27715.03$0
Nov 19941722,34415.90$2,735
Oct 199402,59315.58$0
Sep 199401,72215.29$0
Aug 199401,90516.13$0
Jul 199402,11617.56$0
Jun 199401,82817.09$0
May 19941791,95215.88$2,843
Apr 199402,30314.14$0
Mar 199402,50212.46$0
Feb 199401,73512.50$0
Jan 199401,39812.66$0
Dec 199301,45812.33$0
Nov 199301,68014.49$0
Oct 199301,75215.85$0
Sep 19931612,09015.03$2,420
Aug 199302,15615.66$0
Jul 199301,84415.46$0
Jun 199302,28616.79$0
May 199302,16417.68$0
Apr 19931792,56818.05$3,231
Mar 199302,59818.14$0
Feb 199302,29317.90$0
Jan 199302,84716.93$0

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 2002 — as filed, then multipliedworked
Oil                  144 bbl  × $ 17.17 =     $2,472
Casinghead gas         0 Mcf  × $  2.38 =         $0

────────────────────────────────────────────────────
Month total                                   $2,472

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/25247 is the state's own key, not one this site invented.