BETTS, W. T.

Operated by JAY MANAGEMENT COMPANY, LLC (P-5 430368) in the BARROW (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14073District 09Field 05860830NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 17 leases and 22 wells, and the rule below applies to all of them.

Discovered
1955-07-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition37,559 bbl$1,106,151
Casinghead gasProduction236,025 Mcf$826,096
Total$1,932,247

68,557 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 (3)

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 33.2795, -97.8197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles. 2 wells have no surveyed location and are left out of it.

33.27953, -97.81968 · centre of 1 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
66.7%
2 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
5,700 ft
1 wells filed one
Completion to plug
40.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
133.3%

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 5,700 ft.

Completions filed
Apr 1980
1 of 3 wells; 2 filed none
Plug dates filed
Aug 2020
1 of 3 wells; 2 filed none

Last completion to plug: a median of 40.3 years across the 1 well that filed both dates, with the middle half between 40.3 years and 40.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-497816012UTYes
42-497816001 F
42-4973165525,700 ftApr 1980Aug 2020Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
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 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20151042.992.76$43
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013117097.423.78$11,398
Sep 20130178104.113.72$662
Aug 20130184104.253.52$648
Jul 20130146102.523.72$543
Jun 2013013394.403.93$523
May 201301894.834.15$75
Apr 201301193.964.28$47
Mar 201301593.623.91$59
Feb 20130991.233.42$31
Jan 201301791.603.42$58
Dec 201204786.773.42$161
Nov 201204786.953.62$170
Oct 201207489.383.40$252
Sep 201209094.672.92$263
Aug 201213010392.662.91$12,345
Jul 2012010485.133.02$314
Jun 2012010879.822.52$272
May 201217610991.612.49$16,395
Apr 20120103101.652.00$206
Mar 2012073105.052.22$162
Feb 201200101.102.57$0
Jan 201266098.092.73$6,474
Dec 20110096.873.24$0
Nov 201101295.723.31$40
Oct 201103084.983.65$109
Sep 20111047983.623.99$9,011
Aug 201111010283.404.15$9,597
Jul 2011010494.144.52$470
Jun 2011010392.904.64$478
May 20111639198.134.40$16,396
Apr 20110167105.964.33$724
Mar 2011040196.364.06$1,627
Feb 201118127285.644.18$16,638
Jan 2011040486.504.59$1,854
Dec 2010049085.734.35$2,130
Nov 201017241780.843.80$15,487
Oct 2010036478.103.51$1,277
Sep 2010034272.633.98$1,361
Aug 2010040973.684.42$1,808
Jul 201018231872.554.74$14,710
Jun 2010018970.364.91$928
May 201018018971.124.24$13,602
Apr 2010029881.694.12$1,229
Mar 2010034178.394.39$1,497
Feb 201018229573.585.44$14,997
Jan 2010023174.365.96$1,378
Dec 2009031771.445.48$1,738
Nov 200916848974.593.75$14,366
Oct 2009048172.544.11$1,977
Sep 200933053765.543.06$23,274
Aug 2009067067.423.22$2,156
Jul 2009057961.133.46$2,006
Jun 2009060966.163.90$2,372
May 200917964754.743.93$12,338
Apr 200916264746.773.59$9,898
Mar 200917264042.144.06$9,846
Feb 2009058432.814.63$2,706
Jan 200915969035.865.37$9,408
Dec 2008061937.105.98$3,700
Nov 2008058955.496.86$4,041
Oct 2008063875.246.92$4,416
Sep 2008171622101.767.88$22,301
Aug 2008172581114.228.48$24,574
Jul 20080629131.0811.39$7,164
Jun 2008155682131.3313.03$29,244
May 20080402123.1711.57$4,653
Apr 20080419110.3110.45$4,381
Mar 20080416101.909.66$4,020
Feb 200816982492.538.77$22,865
Jan 2008094890.388.21$7,779
Dec 200718886188.337.30$22,893
Nov 2007065391.677.29$4,761
Oct 200717772582.856.92$19,683
Sep 2007074975.846.24$4,677
Aug 2007065069.066.39$4,152
Jul 200714580870.906.39$15,442
Jun 200716665162.007.55$15,206
May 2007083558.747.85$6,552
Apr 200716769759.617.81$15,395
Mar 200718691656.927.30$17,276
Feb 200717579455.108.22$16,166
Jan 2007094350.306.73$6,343
Dec 200633893756.656.92$25,630
Nov 2006088854.207.62$6,764
Oct 2006081554.906.01$4,901
Sep 200616971960.085.04$13,775
Aug 2006087868.717.34$6,444
Jul 200635996169.376.34$30,999
Jun 200618691966.286.38$18,195
May 2006096766.016.42$6,213
Apr 2006099764.397.36$7,338
Mar 200601,02856.707.08$7,281
Feb 200618586057.597.75$17,320
Jan 200601,07560.598.93$9,603
Dec 20051851,32354.9413.42$27,912
Nov 20051731,27654.6910.59$22,972
Oct 20053171,05758.3413.80$33,076
Sep 2005082761.4512.08$9,989
Aug 2005074861.519.80$7,328
Jul 2005067355.697.84$5,279
Jun 2005084252.337.38$6,215
May 200517972445.226.65$12,910
Apr 200501,04049.207.36$7,655
Mar 20051771,01450.377.15$16,171
Feb 200501,07245.226.31$6,766
Jan 20051711,01643.166.32$13,804
Dec 200401,16939.866.75$7,892
Nov 20041731,00845.286.33$14,215
Oct 200401,12349.706.52$7,316
Sep 20041661,14543.245.28$13,228
Aug 20041481,13742.375.55$12,582
Jul 200401,09438.286.08$6,656
Jun 20043471,12736.106.43$19,777
May 20041631,12437.486.49$13,409
Apr 200411173734.475.86$8,144
Mar 2004092334.365.53$5,104
Feb 200417769132.455.51$9,551
Jan 2004076632.036.30$4,826
Dec 2003078230.266.30$4,928
Nov 200318377428.804.60$8,827
Oct 2003068228.174.76$3,246
Sep 2003072226.314.75$3,429
Aug 20031691,01929.765.13$10,257
Jul 2003096629.415.17$4,995
Jun 200318198928.565.98$11,087
May 200301,27026.595.97$7,585
Apr 20031721,23326.675.41$11,254
Mar 20031231,22031.146.10$11,267
Feb 20031741,07833.487.93$14,370
Jan 2003121,34330.315.58$7,860
Dec 20021431,13726.914.85$9,367
Nov 20021641,17824.664.14$8,918
Oct 200201,26526.464.23$5,350
Sep 20021671,15227.443.64$8,770
Aug 20021631,34025.963.16$8,471
Jul 200201,18624.583.06$3,631
Jun 200216486123.733.34$6,766
May 200201,43024.663.58$5,125
Apr 20023231,11723.653.51$11,562
Mar 20021601,33222.003.10$7,653
Feb 20021671,29018.222.38$6,107
Jan 20023321,36117.172.38$8,934
Dec 20011671,16416.932.36$5,579
Nov 2001095518.072.41$2,297
Oct 20011601,26019.782.53$6,351
Sep 20013291,57924.262.25$11,536
Aug 20011671,63524.873.05$9,145
Jul 20011611,70823.933.20$9,313
Jun 20011601,65124.563.82$10,243
May 20013111,83025.524.31$15,819
Apr 20011581,72424.685.34$13,098
Mar 20013281,74024.545.38$17,404
Feb 20011661,65327.755.77$14,139
Jan 20011611,84527.478.40$19,918
Dec 20001711,77126.889.12$20,752
Nov 20003361,89232.215.66$21,528
Oct 20001712,06431.235.15$15,961
Sep 20001742,22831.875.19$17,101
Aug 20001562,76229.644.54$17,165
Jul 20001632,40928.534.09$14,503
Jun 200016280329.304.40$8,278
May 20003151,11627.263.68$12,694
Apr 200001,10224.513.12$3,434
Mar 20003221,10228.422.86$12,303
Feb 20003491,07227.622.73$12,562
Jan 20003351,04725.272.48$11,063
Dec 1999057624.282.42$1,396
Nov 1999070423.192.43$1,714
Oct 199922887420.982.80$7,234
Sep 199916586321.752.62$5,849
Aug 1999086519.262.88$2,487
Jul 199916886817.892.37$5,065
Jun 1999088315.942.36$2,086
May 199916394415.792.32$4,765
Apr 199917291315.102.21$4,613
Mar 199917192812.471.84$3,838
Feb 199908529.981.82$1,549
Jan 199916279810.381.90$3,198
Dec 19981581,0909.201.77$3,387
Nov 19983361,09110.892.19$6,044
Oct 19981691,16712.421.97$4,397
Sep 19981641,13912.592.08$4,437
Aug 19983111,14011.301.91$5,689
Jul 19981611,19511.742.24$4,564
Jun 19981721,15911.242.24$4,526
May 19983211,13812.622.21$6,562
Apr 19981691,14713.042.51$5,077
Mar 19983341,15212.802.31$6,936
Feb 19981681,02713.952.30$4,705
Jan 19983371,20414.702.15$7,548
Dec 19973331,26316.322.41$8,480
Nov 19973321,26218.193.09$9,936
Oct 19971631,31819.253.15$7,289
Sep 19971741,38317.742.95$7,173
Aug 19973201,37917.862.55$9,238
Jul 19971591,80117.582.25$6,842
Jun 19971621,06517.242.26$5,197
May 199716283318.972.31$4,996
Apr 1997077017.882.08$1,604
Mar 199717080918.951.94$4,790
Feb 199716569020.492.21$4,903
Jan 1997088123.483.54$3,118
Dec 199616491323.32$3,824
Nov 19961701,24521.97$3,735
Oct 19963361,27823.31$7,832
Sep 19961801,21222.22$4,000
Aug 19961681,24420.26$3,404
Jul 19963151,21919.55$6,158
Jun 19961641,17418.73$3,072
May 19963361,26419.43$6,528
Apr 19963261,26621.51$7,012
Mar 19961561,30819.38$3,023
Feb 19963321,25816.98$5,637
Jan 19963431,33217.07$5,855
Dec 19951601,31617.19$2,750
Nov 19951671,27016.00$2,672
Oct 19953431,31915.43$5,292
Sep 19953341,33616.18$5,404
Aug 19953121,41515.92$4,967
Jul 19953261,40215.24$4,968
Jun 19953201,34316.41$5,251
May 19953351,48717.56$5,883
Apr 19951771,41017.73$3,138
Mar 19953581,42316.44$5,886
Feb 19953671,39216.58$6,085
Jan 19953491,51115.92$5,556
Dec 199401,47615.03$0
Nov 19945211,34315.90$8,284
Oct 19941661,42215.58$2,586
Sep 19943381,44215.29$5,168
Aug 19943291,46416.13$5,307
Jul 19943501,44717.56$6,146
Jun 19943201,47217.09$5,469
May 19943291,29515.88$5,225
Apr 19943491,47014.14$4,935
Mar 19943461,52512.46$4,311
Feb 19943501,43512.50$4,375
Jan 19943471,52412.66$4,393
Dec 19933371,53512.33$4,155
Nov 19933451,56814.49$4,999
Oct 19933511,59615.85$5,563
Sep 19933251,59615.03$4,885
Aug 19935151,76515.66$8,065
Jul 19933381,75915.46$5,225
Jun 19933351,75016.79$5,625
May 19934871,70817.68$8,610
Apr 19934931,59618.05$8,899
Mar 19933281,73418.14$5,950
Feb 19935041,56217.90$9,022
Jan 19935011,73616.93$8,482

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.

Sep 2015 — as filed, then multipliedworked
Oil                    1 bbl  × $ 42.99 =        $43
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                      $43

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/O/14073 is the state's own key, not one this site invented.