BEARD 606

Operated by EOG RESOURCES, INC. (P-5 253162) in the LIPSCOMB (ATOKA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 219433District 10Field 538690902 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.7 M
Mar 2006 – Dec 2014
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
106
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 74 leases and 74 wells, and the rule below applies to all of them.

Discovered
1957-12-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 2008-09-23.

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

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 Gas112010-02-09196758
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
CondensateDisposition51 bbl$3,465
GasProduction418,145 Mcf$2,685,697
Total$2,689,161

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 36.2386, -100.1960. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.23858, -100.19602 · 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
9,128 ft
1 wells filed one
Completion to plug
8.8 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 9,128 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Dec 2014
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-295329821H9,128 ftMar 2006Dec 2014Yes

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 (106)

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

106 months

Dec 20144454.693.59$233
Nov 201403170.464.25$132
Oct 2014021178.303.90$823
Sep 201401,02886.164.05$4,159
Aug 201401,08989.394.04$4,394
Jul 201401,12596.564.18$4,702
Jun 2014057198.164.74$2,705
May 201401,07394.734.73$5,072
Apr 201401,27095.944.81$6,108
Mar 2014015395.895.06$774
Feb 2014054397.406.19$3,362
Jan 201401,10490.404.86$5,366
Dec 201301,16991.824.35$5,090
Nov 201301,21088.853.74$4,523
Oct 201301,03097.423.78$3,893
Sep 20130916104.113.72$3,405
Aug 20130950104.253.52$3,346
Jul 20130959102.523.72$3,565
Jun 2013083494.403.93$3,280
May 201301,16294.834.15$4,821
Apr 201301,08093.964.28$4,625
Mar 201301,13593.623.91$4,441
Feb 2013086891.233.42$2,968
Jan 201301,00491.603.42$3,434
Dec 201201,18086.773.42$4,036
Nov 201201,24086.953.62$4,495
Oct 2012088889.383.40$3,019
Sep 2012096594.672.92$2,816
Aug 201201,25992.662.91$3,661
Jul 201201,17185.133.02$3,537
Jun 201201,14379.822.52$2,879
May 201201,36591.612.49$3,397
Apr 201201,404101.652.00$2,804
Mar 20120755105.052.22$1,678
Feb 201201,221101.102.57$3,138
Jan 201201,41498.092.73$3,866
Dec 201101,50996.873.24$4,889
Nov 201101,33695.723.31$4,424
Oct 201101,50384.983.65$5,484
Sep 201101,42983.623.99$5,696
Aug 201101,42983.404.15$5,929
Jul 201101,60794.144.52$7,259
Jun 201101,51192.904.64$7,011
May 201101,78098.134.40$7,841
Apr 201101,609105.964.33$6,972
Mar 201101,32996.364.06$5,392
Feb 201101,37485.644.18$5,743
Jan 201101,65686.504.59$7,599
Dec 201001,73885.734.35$7,556
Nov 201001,75280.843.80$6,649
Oct 201001,92278.103.51$6,744
Sep 201001,93772.633.98$7,708
Aug 201001,98273.684.42$8,759
Jul 201001,66472.554.74$7,882
Jun 201001,78870.364.91$8,780
May 201002,07571.124.24$8,788
Apr 201002,03781.694.12$8,398
Mar 201002,19478.394.39$9,629
Feb 201002,25573.585.44$12,273
Jan 201002,35174.365.96$14,022
Dec 200901,95871.445.48$10,737
Nov 200902,37674.593.75$8,914
Oct 200902,72072.544.11$11,180
Sep 200902,52765.543.06$7,745
Aug 200902,97167.423.22$9,562
Jul 200902,78261.133.46$9,638
Jun 200902,63866.163.90$10,275
May 200903,63654.743.93$14,274
Apr 200902,87446.773.59$10,310
Mar 200902,82842.144.06$11,479
Feb 200902,65432.814.63$12,296
Jan 200902,45035.865.37$13,159
Dec 200802,87337.105.98$17,172
Nov 200803,60955.496.86$24,759
Oct 200804,11175.246.92$28,456
Sep 200803,622101.767.88$28,531
Aug 200803,962114.228.48$33,610
Jul 200804,424131.0811.39$50,387
Jun 200804,775131.3313.03$62,231
May 200804,960123.1711.57$57,408
Apr 200805,117110.3110.45$53,498
Mar 200805,799101.909.66$56,042
Feb 200805,50992.538.77$48,317
Jan 200805,73490.388.21$47,052
Dec 200703,38088.337.30$24,681
Nov 200704,25991.677.29$31,055
Oct 200706,70182.856.92$46,384
Sep 200706,45075.846.24$40,275
Aug 2007477,88669.066.39$53,621
Jul 200705,81770.906.39$37,159
Jun 200707,77162.007.55$58,659
May 200709,63258.747.85$75,575
Apr 200709,73159.617.81$75,952
Mar 2007010,69256.927.30$78,073
Feb 2007010,17655.108.22$83,606
Jan 2007011,94950.306.73$80,379
Dec 2006012,81156.656.92$88,632
Nov 2006013,33854.207.62$101,602
Oct 2006015,03454.906.01$90,411
Sep 2006014,51560.085.04$73,115
Aug 2006015,95868.717.34$117,130
Jul 2006018,66869.376.34$118,407
Jun 2006020,32766.286.38$129,765
May 2006025,12166.016.42$161,402
Apr 2006018,43464.397.36$135,683
Mar 200606,29556.707.08$44,587

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.

Dec 2014 — as filed, then multipliedworked
Condensate             4 bbl  × $ 54.69 =       $219
Gas                    4 Mcf  × $  3.59 =        $14

────────────────────────────────────────────────────
Month total                                     $233

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. 10/G/219433 is the state's own key, not one this site invented.