BEAMAN

Operated by REPUBLIC ENERGY INC. (P-5 702645) in the BOONSVILLE (BEND CONGL., GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 169979District 09Field 105745202 tax incentive programmesCondensateGasSaveExport
Value, all time
$738 k
Aug 1998 – Oct 2010
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
147
no gaps in the span
Streams
2
condensate, 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 3,438 leases and 3,443 wells, and the rule below applies to all of them.

Discovered
1945-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-06-10.

The Commission's schedule remark for this field reads: AMOUNT HAD BEEN CALCULATED FOR 5/1/97.

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
High Cost Gas111999-01-26139798
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
CondensateDisposition1,108 bbl$19,557
GasProduction224,709 Mcf$718,458
Total$738,015

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 33.2331, -97.7045. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23314, -97.70446 · 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
6,148 ft
1 wells filed one
Completion to plug
12.2 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 6,148 ft.

Completions filed
Aug 1998
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 12.2 years across the 1 well that filed both dates, with the middle half between 12.2 years and 12.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973423236,148 ftAug 1998Oct 2010Yes

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 (147)

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

147 months

Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010031178.394.39$1,365
Feb 2010029473.585.44$1,600
Jan 2010029774.365.96$1,771
Dec 2009024871.445.48$1,360
Nov 2009029874.593.75$1,118
Oct 2009037772.544.11$1,550
Sep 2009029165.543.06$892
Aug 2009028167.423.22$904
Jul 2009019061.133.46$658
Jun 2009024566.163.90$954
May 2009021854.743.93$856
Apr 2009023446.773.59$839
Mar 2009022942.144.06$930
Feb 2009021432.814.63$991
Jan 2009031935.865.37$1,713
Dec 2008022937.105.98$1,369
Nov 2008027755.496.86$1,900
Oct 2008030575.246.92$2,111
Sep 20080224101.767.88$1,764
Aug 20080298114.228.48$2,528
Jul 20080234131.0811.39$2,665
Jun 20080331131.3313.03$4,314
May 20080397123.1711.57$4,595
Apr 20080373110.3110.45$3,900
Mar 20080411101.909.66$3,972
Feb 2008041192.538.77$3,605
Jan 2008044490.388.21$3,643
Dec 2007034588.337.30$2,519
Nov 2007020791.677.29$1,509
Oct 2007024382.856.92$1,682
Sep 2007036075.846.24$2,248
Aug 2007035169.066.39$2,242
Jul 2007042770.906.39$2,728
Jun 2007033862.007.55$2,551
May 2007044058.747.85$3,452
Apr 2007044459.617.81$3,466
Mar 2007041656.927.30$3,038
Feb 2007028455.108.22$2,333
Jan 2007025250.306.73$1,695
Dec 2006047556.656.92$3,286
Nov 2006035354.207.62$2,689
Oct 2006028654.906.01$1,720
Sep 2006030560.085.04$1,536
Aug 2006019068.717.34$1,395
Jul 2006023669.376.34$1,497
Jun 2006019566.286.38$1,245
May 2006021766.016.42$1,394
Apr 2006027764.397.36$2,039
Mar 2006028956.707.08$2,047
Feb 2006019857.597.75$1,535
Jan 2006024960.598.93$2,224
Dec 2005032254.9413.42$4,320
Nov 2005035354.6910.59$3,738
Oct 2005033358.3413.80$4,594
Sep 2005023761.4512.08$2,863
Aug 2005020761.519.80$2,028
Jul 2005025255.697.84$1,977
Jun 2005027052.337.38$1,993
May 2005014445.226.65$958
Apr 2005025349.207.36$1,862
Mar 2005026450.377.15$1,889
Feb 2005026445.226.31$1,666
Jan 2005032843.166.32$2,074
Dec 2004024839.866.75$1,674
Nov 2004026745.286.33$1,690
Oct 2004028549.706.52$1,857
Sep 2004020543.245.28$1,083
Aug 2004020442.375.55$1,132
Jul 2004021738.286.08$1,320
Jun 2004016636.106.43$1,068
May 2004024137.486.49$1,565
Apr 2004026334.475.86$1,541
Mar 2004020034.365.53$1,106
Feb 2004025632.455.51$1,410
Jan 2004028732.036.30$1,808
Dec 2003025030.266.30$1,575
Nov 2003021228.804.60$974
Oct 2003019828.174.76$942
Sep 2003019726.314.75$936
Aug 2003012229.765.13$626
Jul 2003014129.415.17$729
Jun 2003011928.565.98$712
May 2003017026.595.97$1,015
Apr 2003020426.675.41$1,103
Mar 2003025931.146.10$1,579
Feb 200304733.487.93$373
Jan 200306930.315.58$385
Dec 200208526.914.85$413
Nov 200205624.664.14$232
Oct 200207026.464.23$296
Sep 20020727.443.64$25
Aug 200201725.963.16$54
Jul 2002112024.583.06$2,753
Jun 2002013323.733.34$444
May 2002089824.663.58$3,218
Apr 200201,10823.653.51$3,892
Mar 2002079522.003.10$2,467
Feb 200201,21618.222.38$2,889
Jan 200201,44417.172.38$3,430
Dec 200121,62716.932.36$3,881
Nov 2001072318.072.41$1,739
Oct 200101,53219.782.53$3,874
Sep 200101,42124.262.25$3,199
Aug 200101,49724.873.05$4,571
Jul 200101,48623.933.20$4,751
Jun 200101,52824.563.82$5,843
May 200101,68325.524.31$7,249
Apr 200101,75124.685.34$9,342
Mar 200101,80724.545.38$9,715
Feb 200101,68927.755.77$9,741
Jan 20011211,93327.478.40$19,559
Dec 200002,09926.889.12$19,148
Nov 200002,24032.215.66$12,674
Oct 200012,56331.235.15$13,219
Sep 200002,61231.875.19$13,547
Aug 200002,93429.644.54$13,323
Jul 200003,19628.534.09$13,071
Jun 200003,40029.304.40$14,951
May 200003,82927.263.68$14,090
Apr 2000812,69324.513.12$10,377
Mar 200004,04728.422.86$11,573
Feb 200004,15927.622.73$11,340
Jan 20001834,36025.272.48$15,439
Dec 199905,34124.282.42$12,945
Nov 199905,31523.192.43$12,937
Oct 199955,66320.982.80$15,982
Sep 199905,04721.752.62$13,217
Aug 199907,94219.262.88$22,838
Jul 1999011,01017.892.37$26,120
Jun 1999761215.942.36$1,557
May 199904,61715.792.32$10,716
Apr 1999816,33915.102.21$15,220
Mar 199907,74912.471.84$14,245
Feb 19991818,0339.981.82$16,409
Jan 199989,58110.381.90$18,286
Dec 199817711,8939.201.77$22,718
Nov 1998215,14010.892.19$33,114
Oct 199814418,91212.421.97$39,030
Sep 1998315,46612.592.08$32,248
Aug 19980011.301.91$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.

Mar 2010 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.39 =         $0
Gas                  311 Mcf  × $  4.39 =     $1,365

────────────────────────────────────────────────────
Month total                                   $1,365

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. 09/G/169979 is the state's own key, not one this site invented.