BASHARA-PROTHRO

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the KEYSTONE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46977District 08Field 49129150OilCasinghead gasSaveExport
Value, all time
$22.8 M
Sep 2015 – May 2026
Value, last 12 filed months
$2.3 M
at the published price for each month
Months reported
129
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 38 leases and 425 wells, and the rule below applies to all of them.

Discovered
2015-08-25
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 10 acres. The field rule took effect on 2016-01-01.

The Commission's schedule remark for this field reads: RULE.

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
OilDisposition276,042 bbl$18,021,099
Casinghead gasProduction1,486,840 Mcf$4,754,250
Total$22,775,349

Wells on this lease (10)

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 31.8801, -103.0860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.88018, -103.08691 · 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
0.0%
0 of 10 wells
With a plug date
0.0%
0 of 10 wells
Median depth
5,959 ft
10 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
10100.0%

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

Total depth in feet, 10 of 10 wells. Median 5,959 ft, with the middle half between 5,500 and 8,025 ft; the shallowest is 5,500 ft and the deepest 9,186 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 10 of 10 wells, Oct 1990 – Jan 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1990 – Jan 2018
10 of 10 wells

10 wells

42-495339491056,330 ftJan 2018
42-495338781036,307 ftAug 2017
42-495338441015,610 ftJun 2017
42-4953281575,500 ftJan 2016
42-4950329519,080 ftMay 2000
42-495313503A8,590 ftAug 1997
42-4953265755,500 ftMay 1997
42-4953265645,500 ftMay 1997
42-4953265565,500 ftApr 1997
42-4951024329,186 ftOct 1990

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 (129)

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

129 months

May 20261,8050106.413.05$192,070
Apr 20262,77512,20898.932.87$309,564
Mar 20262,63115,32689.753.15$284,401
Feb 20261,80713,09163.503.75$163,840
Jan 20261,99313,38959.138.00$224,930
Dec 20251,15014,62756.664.41$129,713
Nov 20251,64510,00958.593.93$135,680
Oct 20252,62817,34359.383.30$213,366
Sep 20252,64714,83162.743.08$211,707
Aug 20252,62616,76463.933.01$218,420
Jul 20251,15214,66566.743.32$125,502
Jun 20251,63610,04166.483.13$140,177
May 20251,47713,04260.553.23$131,588
Apr 20251,4785,45462.363.54$111,492
Mar 20251,8089,51267.704.27$163,002
Feb 20251,9864,92470.884.34$162,142
Jan 20252,49517,53674.324.28$260,459
Dec 20242,48919,57968.993.12$232,829
Nov 20242,70717,75269.052.20$225,945
Oct 20242,80817,53871.372.28$240,418
Sep 20242,96520,01669.612.36$253,719
Aug 20242,30919,47975.632.06$214,827
Jul 20241,96311,72179.932.15$182,063
Jun 20242,68713,04278.082.63$244,153
May 20242,44715,02078.812.20$225,869
Apr 20242,32713,58084.451.66$219,047
Mar 20243,51314,41480.301.55$304,365
Feb 20243,02013,78076.091.78$254,370
Jan 20242,38113,36273.023.30$217,924
Dec 20233,92222,53571.262.61$338,314
Nov 20234,01517,83477.892.81$362,798
Oct 20234,02619,59885.443.09$404,486
Sep 20233,03317,02189.042.74$316,611
Aug 20232,53116,64980.522.67$248,297
Jul 20231,9835,50374.852.64$162,965
Jun 20232,5282,49668.962.26$179,968
May 20232,2969,74370.622.23$183,845
Apr 20231,49010,06078.122.24$138,911
Mar 20231,9898,56272.852.39$165,389
Feb 20232,60710,21575.112.47$220,999
Jan 20231,99619,44576.533.39$218,628
Dec 20223,12617,72476.415.73$340,400
Nov 20222,98216,81585.005.65$348,411
Oct 20223,3147,45187.185.86$332,605
Sep 20223,16012,04084.888.16$366,512
Aug 20223,31012,09994.529.13$423,291
Jul 20222,3359,845101.587.54$311,441
Jun 20221,3293,514115.097.98$180,986
May 20229930109.378.43$108,604
Apr 20226560104.226.84$68,368
Mar 20221,8270108.885.08$198,924
Feb 20223,48813,30691.054.86$382,234
Jan 20223,48813,30681.844.54$345,836
Dec 20213,27621,11571.323.90$315,974
Nov 20212,57417,85177.435.24$292,788
Oct 20213,44116,62879.795.71$369,568
Sep 20213,60914,65069.865.35$330,516
Aug 20213,7682,99466.024.22$261,400
Jul 20214,10518,47070.783.98$364,101
Jun 20212,856069.493.38$198,463
May 20211,80515,15363.483.02$160,308
Apr 20211,82612,70460.362.76$145,260
Mar 20211,47610,43761.302.72$118,836
Feb 20212,1469,86457.805.55$178,764
Jan 20211,6386,52650.412.81$100,911
Dec 20202,78312,72144.642.68$158,268
Nov 20202,63612,99338.772.71$137,364
Oct 20202,1703,57636.972.48$89,088
Sep 20202,60614,15337.091.99$124,836
Aug 20202,62413,16239.982.39$136,300
Jul 20202,94618,11238.371.83$146,095
Jun 20202,62116,56434.901.69$119,471
May 20202,95218,70116.921.81$83,885
Apr 20202,16312,33214.751.80$54,156
Mar 20202,64416,24530.341.86$110,373
Feb 20202,63715,20849.881.98$161,656
Jan 20202,66514,92657.252.09$183,837
Dec 20192,29915,12459.012.30$170,515
Nov 20192,66114,87055.302.75$188,056
Oct 20192,77815,39753.472.42$185,778
Sep 20192,80414,75455.052.66$193,566
Aug 20192,68116,31353.112.30$179,979
Jul 20192,79515,71256.272.46$195,927
Jun 20192,4828,69052.782.49$152,648
May 20192,53314,47958.482.74$187,807
Apr 20192,69213,88562.632.75$206,793
Mar 20192,53815,21256.803.06$190,739
Feb 20192,67213,13950.852.79$172,558
Jan 20193,32115,76646.033.23$203,761
Dec 20182,81014,61046.594.19$192,067
Nov 20182,65814,29752.934.24$201,268
Oct 20183,13514,05361.443.40$240,368
Sep 20183,69612,59459.543.11$259,202
Aug 20182,50673059.403.07$151,095
Jul 20182,78014,55665.142.93$223,766
Jun 20182,85168160.183.08$173,669
May 20184,00514,51665.382.90$303,955
Apr 20183,33713,39863.842.90$251,899
Mar 20181,98712,08661.222.79$155,326
Feb 20182,61411,78361.782.77$194,086
Jan 20183,02312,91562.874.01$241,836
Dec 20176336,12357.272.92$54,140
Nov 20177136,38655.423.12$59,428
Oct 20177407,53649.292.98$58,960
Sep 20175085,44047.523.09$40,935
Aug 20172914,81345.373.00$27,663
Jul 20176218,15943.873.09$52,432
Jun 20179378,86542.493.09$67,182
May 20173308,88045.373.26$43,951
Apr 20178357,00047.933.21$62,503
Mar 20173272,71646.772.98$23,397
Feb 20176818,18050.452.95$58,509
Jan 20174969,53449.413.42$57,102
Dec 201650410,20548.763.72$62,567
Nov 20166649,32442.492.64$52,869
Oct 20166706,33746.193.09$50,530
Sep 2016500041.553.10$20,775
Aug 2016660041.442.92$27,350
Jul 2016305041.622.92$12,694
Jun 20168059,04345.352.69$60,795
May 201665510,32342.521.99$48,404
Apr 20163259,59336.561.99$30,982
Mar 201666010,07233.011.79$39,856
Feb 20168228,42526.472.06$39,144
Jan 20163488,89827.352.36$30,556
Dec 201566010,86132.362.00$43,095
Nov 201567110,79238.792.17$49,418
Oct 20154998,83043.552.43$43,158
Sep 20157788,05442.992.76$55,663

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 2026 — as filed, then multipliedworked
Oil                1,805 bbl  × $106.41 =   $192,070
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $192,070

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/46977 is the state's own key, not one this site invented.