W-B RANCH

Operated by BEEHIVE OPERATING, LLC (P-5 61750) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32009District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$3.9 M
Aug 2010 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
190
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

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
OilDisposition45,044 bbl$3,529,868
Casinghead gasProduction94,528 Mcf$341,299
Total$3,871,166

Every month this lease reported (190)

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

190 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 2025182063.933.01$11,635
Jul 2025182066.743.32$12,147
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 2025183074.324.28$13,601
Dec 2024185068.993.12$12,763
Nov 2024183069.052.20$12,636
Oct 20240071.372.28$0
Sep 2024181069.612.36$12,599
Aug 20240075.632.06$0
Jul 2024177079.932.15$14,148
Jun 2024176078.082.63$13,742
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 2023148071.262.61$10,546
Nov 2023170077.892.81$13,241
Oct 2023177085.443.09$15,123
Sep 2023180089.042.74$16,027
Aug 2023136080.522.67$10,951
Jul 2023354074.852.64$26,497
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023172078.122.24$13,437
Mar 2023194072.852.39$14,133
Feb 2023151075.112.47$11,342
Jan 2023189076.533.39$14,464
Dec 2022164076.415.73$12,531
Nov 2022373085.005.65$31,705
Oct 2022182087.185.86$15,867
Sep 2022146084.888.16$12,392
Aug 20220094.529.13$0
Jul 20223600101.587.54$36,569
Jun 20221710115.097.98$19,680
May 20221860109.378.43$20,343
Apr 20221800104.226.84$18,760
Mar 202200108.885.08$0
Feb 2022192091.054.86$17,482
Jan 2022568081.844.54$46,485
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 2021170063.483.02$10,792
Apr 20210060.362.76$0
Mar 2021171061.302.72$10,482
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020169044.642.68$7,544
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020170037.091.99$6,305
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020156016.921.81$2,640
Apr 2020170014.751.80$2,508
Mar 2020324030.341.86$9,830
Feb 2020167049.881.98$8,330
Jan 2020341057.252.09$19,522
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019170053.472.42$9,090
Sep 2019332055.052.66$18,277
Aug 2019165053.112.30$8,763
Jul 20190056.272.46$0
Jun 2019169052.782.49$8,920
May 20191686658.482.74$10,006
Apr 20193343262.632.75$21,006
Mar 2019011556.803.06$352
Feb 201911825650.852.79$6,715
Jan 201916866946.033.23$9,893
Dec 201833877346.594.19$18,983
Nov 201817183352.934.24$12,581
Oct 201816987561.443.40$13,357
Sep 201816690959.543.11$12,709
Aug 201821790759.403.07$15,671
Jul 20181681,03065.142.93$13,963
Jun 20181651,02860.183.08$13,093
May 20181651,16365.382.90$14,161
Apr 20183311,13463.842.90$24,421
Mar 20181631,28761.222.79$13,566
Feb 201817261961.782.77$12,338
Jan 201833089862.874.01$24,347
Dec 20173361,45657.272.92$23,496
Nov 201732658155.423.12$19,879
Oct 2017051949.292.98$1,549
Sep 201734088147.523.09$18,877
Aug 201717091545.373.00$10,462
Jul 201717184243.873.09$10,101
Jun 201733085342.493.09$16,655
May 201734191745.373.26$18,464
Apr 201715786447.933.21$10,300
Mar 201733994146.772.98$18,663
Feb 201716382150.452.95$10,647
Jan 20173021,01949.413.42$18,406
Dec 201632290348.763.72$19,062
Nov 201634298042.492.64$17,123
Oct 201616543746.193.09$8,972
Sep 201633365741.553.10$15,873
Aug 201617068441.442.92$9,045
Jul 201630073141.622.92$14,624
Jun 201633471545.352.69$17,067
May 201632067342.521.99$14,946
Apr 201634577236.561.99$14,150
Mar 201634252433.011.79$12,229
Feb 201617349926.472.06$5,609
Jan 201633653127.352.36$10,445
Dec 201516758232.362.00$6,569
Nov 201533467338.792.17$14,414
Oct 201533779043.552.43$16,593
Sep 201532355342.992.76$15,411
Aug 20150840.162.87$23
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 201505044.662.98$149
Jan 2015013143.433.10$406
Dec 2014015154.693.59$542
Nov 2014015570.464.25$659
Oct 201417220678.303.90$14,271
Sep 2014021486.164.05$866
Aug 201417227089.394.04$16,465
Jul 201416836796.564.18$17,756
Jun 201434844598.164.74$36,268
May 201416758194.734.73$18,566
Apr 201433959395.944.81$35,375
Mar 201434250495.895.06$35,343
Feb 201417144997.406.19$19,436
Jan 201433341690.404.86$32,125
Dec 201317448391.824.35$18,080
Nov 201333962788.853.74$32,464
Oct 201334569197.423.78$36,221
Sep 2013336649104.113.72$37,394
Aug 2013340746104.253.52$38,073
Jul 2013172669102.523.72$20,121
Jun 201334262794.403.93$34,751
May 201332760994.834.15$33,536
Apr 201333867393.964.28$34,641
Mar 201334161393.623.91$34,323
Feb 201320651291.233.42$20,544
Jan 201333462591.603.42$32,732
Dec 201234187886.773.42$32,591
Nov 201250890386.953.62$47,444
Oct 201234091989.383.40$33,514
Sep 201234699394.672.92$35,654
Aug 2012507092.662.91$46,979
Jul 2012336085.133.02$28,604
Jun 2012512079.822.52$40,868
May 2012341091.612.49$31,239
Apr 20126530101.652.00$66,377
Mar 20125120105.052.22$53,786
Feb 20127091,932101.102.57$76,646
Jan 20126912,26998.092.73$73,984
Dec 20116973,12496.873.24$77,639
Nov 20118583,06995.723.31$92,290
Oct 20118553,63784.983.65$85,928
Sep 20111,2264,75883.623.99$121,483
Aug 20111,9476,39883.404.15$188,927
Jul 20112,5546,98594.144.52$271,986
Jun 20111,7393,91492.904.64$179,714
May 20111,0474,72398.134.40$123,546
Apr 20112,0473,504105.964.33$232,084
Mar 201199555196.364.06$98,114
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$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.

Aug 2025 — as filed, then multipliedworked
Oil                  182 bbl  × $ 63.93 =    $11,635
Casinghead gas         0 Mcf  × $  3.01 =         $0

────────────────────────────────────────────────────
Month total                                  $11,635

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/32009 is the state's own key, not one this site invented.