BEASLEY

Operated by APACHE CORPORATION (P-5 27200) in the FRYE RANCH (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242163District 10Field 331512002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jul 2008 – Apr 2014
Value, last 12 filed months
$220 k
at the published price for each month
Months reported
70
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 199 leases and 218 wells, and the rule below applies to all of them.

Discovered
2007-10-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2014-02-04.

The Commission's schedule remark for this field reads: NO BETWEEN WELL SPACING.

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 Gas112009-04-16190434
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
CondensateDisposition7,487 bbl$613,674
GasProduction164,973 Mcf$873,365
Total$1,487,039

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 35.5015, -100.2345. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.50147, -100.23451 · 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
14,600 ft
1 wells filed one
Completion to plug
14 months
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 14,600 ft.

Completions filed
Feb 2013
1 of 1 wells
Plug dates filed
Apr 2014
1 of 1 wells

Last completion to plug: a median of 14 months across the 1 well that filed both dates, with the middle half between 14 months and 14 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48332610103814,600 ftFeb 2013Apr 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 (70)

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

70 months

Apr 20141884795.944.81$18,263
Mar 2014085495.895.06$4,319
Feb 201401,93297.406.19$11,963
Jan 2014098490.404.86$4,783
Dec 201301,02991.824.35$4,481
Nov 201318397088.853.74$19,886
Oct 201318562397.423.78$20,377
Sep 201301,185104.113.72$4,406
Aug 2013180982104.253.52$22,224
Jul 20131831,382102.523.72$23,899
Jun 20133701,88994.403.93$42,358
May 20133652,12294.834.15$43,417
Apr 20135686,11793.964.28$79,566
Mar 201316694593.623.91$19,239
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20121901,89986.773.42$22,981
Nov 20120086.953.62$0
Oct 201201,02189.383.40$3,471
Sep 20120094.672.92$0
Aug 201218011492.662.91$17,010
Jul 201202285.133.02$66
Jun 20120079.822.52$0
May 2012040291.612.49$1,000
Apr 20120402101.652.00$803
Mar 2012189245105.052.22$20,399
Feb 20120681101.102.57$1,750
Jan 2012030398.092.73$828
Dec 2011052696.873.24$1,704
Nov 2011018995.723.31$626
Oct 201118264184.983.65$17,805
Sep 2011040083.623.99$1,594
Aug 201118022283.404.15$15,933
Jul 201101,21194.144.52$5,470
Jun 2011039592.904.64$1,833
May 2011177098.134.40$3,490
Apr 201171,385105.964.33$6,743
Mar 20111841,25896.364.06$22,834
Feb 201101,37285.644.18$5,735
Jan 20111832,00586.504.59$25,030
Dec 201002,29685.734.35$9,982
Nov 201061,73780.843.80$7,078
Oct 20101842,97478.103.51$24,806
Sep 201041,55672.633.98$6,483
Aug 20101872,48773.684.42$24,769
Jul 201062,17372.554.74$10,728
Jun 2010203,14770.364.91$16,860
May 20103561,94071.124.24$33,535
Apr 201001,50881.694.12$6,217
Mar 201002,55078.394.39$11,191
Feb 201002,83173.585.44$15,407
Jan 201001,67574.365.96$9,990
Dec 200901,89471.445.48$10,386
Nov 20091822,20874.593.75$21,859
Oct 200901,81272.544.11$7,448
Sep 20091812,77465.543.06$20,364
Aug 20091724,33367.423.22$25,542
Jul 200902,61961.133.46$9,074
Jun 20091841,57966.163.90$18,324
May 20091801,31154.743.93$15,000
Apr 20091934,43046.773.59$24,919
Mar 20091658,99742.144.06$43,472
Feb 200934913,89232.814.63$75,812
Jan 200918210,28635.865.37$61,773
Dec 200801,57037.105.98$9,384
Nov 20081901,72655.496.86$22,384
Oct 20081786,58975.246.92$59,002
Sep 200852411,703101.767.88$145,508
Aug 200836023,852114.228.48$243,456
Jul 200800131.0811.39$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.

Apr 2014 — as filed, then multipliedworked
Condensate           188 bbl  × $ 95.94 =    $18,037
Gas                   47 Mcf  × $  4.81 =       $226

────────────────────────────────────────────────────
Month total                                  $18,263

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/242163 is the state's own key, not one this site invented.