BECKHAM

Operated by OXY USA INC. (P-5 630591) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43704District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.4 M
Mar 2013 – Feb 2017
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
48
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 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered
2010-11-30
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 2015-04-08.

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: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition10,901 bbl$903,398
Casinghead gasProduction135,416 Mcf$453,249
Total$1,356,647

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 31.4599, -103.4377. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45992, -103.43772 · 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
12,526 ft
1 wells filed one
Completion to plug
3.7 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 12,526 ft.

Completions filed
Mar 2013
1 of 1 wells
Plug dates filed
Nov 2016
1 of 1 wells

Last completion to plug: a median of 3.7 years across the 1 well that filed both dates, with the middle half between 3.7 years and 3.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47536045312,526 ftMar 2013Nov 2016Yes

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 (48)

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

48 months

Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20169042.521.99$383
Apr 20161563,57836.561.99$12,827
Mar 20161876,01833.011.79$16,969
Feb 2016582,92726.472.06$7,576
Jan 20165027.352.36$137
Dec 2015693,35532.362.00$8,948
Nov 2015976,14738.792.17$17,085
Oct 2015673,02043.552.43$10,246
Sep 20152042.992.76$86
Aug 20155822,46040.162.87$66,845
Jul 201515217,40748.152.95$58,584
Jun 20151256,58356.152.88$25,997
May 20151153,01955.212.96$15,272
Apr 2015273749.822.71$1,445
Mar 201544864442.892.93$21,105
Feb 20154182,47144.662.98$26,022
Jan 201514043.433.10$608
Dec 20142763,22954.693.59$26,691
Nov 20142563,71870.464.25$33,846
Oct 20145734,44078.303.90$62,186
Sep 20144769886.164.05$6,873
Aug 20143552,28089.394.04$40,934
Jul 20141,96210,97396.564.18$235,313
Jun 20142951,10898.164.74$34,206
May 20148113,81194.734.73$94,839
Apr 20144962,17895.944.81$58,061
Mar 20145192,26595.895.06$61,221
Feb 20142762,70797.406.19$43,644
Jan 20142382,10290.404.86$31,732
Dec 20131,2354,85391.824.35$134,530
Nov 20130088.853.74$0
Oct 201321097.423.78$2,046
Sep 201380104.113.72$833
Aug 20131461,793104.253.52$21,537
Jul 20131722,220102.523.72$25,887
Jun 20132362,40794.403.93$31,746
May 20132462,41194.834.15$33,332
Apr 20134283,01293.964.28$53,114
Mar 20132981,54593.623.91$33,944

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.

May 2016 — as filed, then multipliedworked
Oil                    9 bbl  × $ 42.52 =       $383
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                     $383

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/43704 is the state's own key, not one this site invented.