BILLIE JO 734

Name: BILLIE JO 734 lease production and value, Jul 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 7598District 10Field 70247333OilCasinghead gasSave Export

Value, all time

$5.0 M

Jul 2005 – Mar 2016

Value, last 12 filed months

$18 k

at the published price for each month

Months reported

129

no gaps in the span

Streams

oil, casinghead gas

The PEERY (CLEVELAND) field

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 68 leases and 103 wells, and the rule below applies to all of them.

Discovered

1962-09-29

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 40 acres. The field rule took effect on 1962-11-01.

The Commission's schedule remark for this field reads: “NET GOR 1000 MCF/DAY”

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.

Stream	Basis	Volume	Value
Oil	Disposition	40,240 bbl	$2,720,711
Casinghead gas	Production	335,343 Mcf	$2,276,070
Total			$4,996,782

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 36.2843, -100.5404. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.28426, -100.54040 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,274 ft

1 wells filed one

Completion to plug

10.6 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 7,274 ft.

Completions filed

Jul 2005

1 of 1 wells

Plug dates filed

Feb 2016

1 of 1 wells

Last completion to plug: a median of 10.6 years across the 1 well that filed both dates, with the middle half between 10.6 years and 10.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-29532877	2H	7,274 ft	Jul 2005	Feb 2016	Yes

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 (129)

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

129 months


Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	107	1	43.55	2.43	$4,662
Sep 2015	164	336	42.99	2.76	$7,977
Aug 2015	0	371	40.16	2.87	$1,066
Jul 2015	0	357	48.15	2.95	$1,051
Jun 2015	0	360	56.15	2.88	$1,038
May 2015	0	338	55.21	2.96	$999
Apr 2015	0	396	49.82	2.71	$1,072
Mar 2015	0	467	42.89	2.93	$1,371
Feb 2015	0	452	44.66	2.98	$1,345
Jan 2015	0	526	43.43	3.10	$1,631
Dec 2014	127	578	54.69	3.59	$9,021
Nov 2014	0	533	70.46	4.25	$2,266
Oct 2014	0	546	78.30	3.90	$2,130
Sep 2014	4	412	86.16	4.05	$2,011
Aug 2014	0	414	89.39	4.04	$1,671
Jul 2014	188	351	96.56	4.18	$19,620
Jun 2014	0	307	98.16	4.74	$1,454
May 2014	0	314	94.73	4.73	$1,484
Apr 2014	0	350	95.94	4.81	$1,683
Mar 2014	0	411	95.89	5.06	$2,078
Feb 2014	0	358	97.40	6.19	$2,217
Jan 2014	0	273	90.40	4.86	$1,327
Dec 2013	0	199	91.82	4.35	$867
Nov 2013	0	328	88.85	3.74	$1,226
Oct 2013	0	585	97.42	3.78	$2,211
Sep 2013	0	546	104.11	3.72	$2,030
Aug 2013	174	610	104.25	3.52	$20,288
Jul 2013	0	641	102.52	3.72	$2,383
Jun 2013	0	610	94.40	3.93	$2,399
May 2013	0	626	94.83	4.15	$2,597
Apr 2013	0	604	93.96	4.28	$2,587
Mar 2013	0	624	93.62	3.91	$2,442
Feb 2013	0	554	91.23	3.42	$1,895
Jan 2013	0	503	91.60	3.42	$1,720
Dec 2012	0	490	86.77	3.42	$1,676
Nov 2012	182	493	86.95	3.62	$17,612
Oct 2012	0	611	89.38	3.40	$2,077
Sep 2012	0	616	94.67	2.92	$1,798
Aug 2012	0	831	92.66	2.91	$2,417
Jul 2012	186	821	85.13	3.02	$18,314
Jun 2012	0	1,163	79.82	2.52	$2,930
May 2012	191	1,863	91.61	2.49	$22,133
Apr 2012	201	1,864	101.65	2.00	$24,154
Mar 2012	199	1,661	105.05	2.22	$24,596
Feb 2012	200	1,857	101.10	2.57	$24,993
Jan 2012	201	1,697	98.09	2.73	$24,356
Dec 2011	0	1,722	96.87	3.24	$5,579
Nov 2011	181	909	95.72	3.31	$20,335
Oct 2011	0	1,283	84.98	3.65	$4,681
Sep 2011	0	338	83.62	3.99	$1,347
Aug 2011	198	1,763	83.40	4.15	$23,828
Jul 2011	384	1,551	94.14	4.52	$43,156
Jun 2011	198	1,703	92.90	4.64	$26,296
May 2011	0	2,497	98.13	4.40	$10,999
Apr 2011	198	2,528	105.96	4.33	$31,935
Mar 2011	0	2,451	96.36	4.06	$9,945
Feb 2011	197	2,762	85.64	4.18	$28,416
Jan 2011	200	3,162	86.50	4.59	$31,810
Dec 2010	199	2,746	85.73	4.35	$28,999
Nov 2010	197	2,607	80.84	3.80	$25,820
Oct 2010	196	2,909	78.10	3.51	$25,515
Sep 2010	0	2,960	72.63	3.98	$11,779
Aug 2010	177	3,119	73.68	4.42	$26,825
Jul 2010	0	2,775	72.55	4.74	$13,144
Jun 2010	390	3,111	70.36	4.91	$42,717
May 2010	0	3,334	71.12	4.24	$14,120
Apr 2010	0	2,299	81.69	4.12	$9,478
Mar 2010	0	2,210	78.39	4.39	$9,699
Feb 2010	196	3,354	73.58	5.44	$32,675
Jan 2010	0	2,225	74.36	5.96	$13,270
Dec 2009	392	2,986	71.44	5.48	$44,379
Nov 2009	198	3,373	74.59	3.75	$27,423
Oct 2009	0	3,721	72.54	4.11	$15,294
Sep 2009	193	3,401	65.54	3.06	$23,072
Aug 2009	387	4,372	67.42	3.22	$40,163
Jul 2009	299	4,962	61.13	3.46	$35,469
Jun 2009	196	4,052	66.16	3.90	$28,750
May 2009	196	4,485	54.74	3.93	$28,336
Apr 2009	391	4,851	46.77	3.59	$35,690
Mar 2009	197	4,448	42.14	4.06	$26,356
Feb 2009	389	4,250	32.81	4.63	$32,453
Jan 2009	393	4,919	35.86	5.37	$40,513
Dec 2008	590	5,073	37.10	5.98	$52,211
Nov 2008	582	4,150	55.49	6.86	$60,766
Oct 2008	392	5,338	75.24	6.92	$66,444
Sep 2008	194	2,497	101.76	7.88	$39,411
Aug 2008	390	5,191	114.22	8.48	$88,581
Jul 2008	581	3,717	131.08	11.39	$118,492
Jun 2008	187	2,246	131.33	13.03	$53,830
May 2008	388	2,962	123.17	11.57	$82,073
Apr 2008	577	3,282	110.31	10.45	$97,962
Mar 2008	196	2,502	101.90	9.66	$44,152
Feb 2008	194	3,319	92.53	8.77	$47,060
Jan 2008	580	2,642	90.38	8.21	$74,100
Dec 2007	392	4,007	88.33	7.30	$63,884
Nov 2007	391	3,739	91.67	7.29	$63,107
Oct 2007	580	4,215	82.85	6.92	$77,229
Sep 2007	191	2,930	75.84	6.24	$32,781
Aug 2007	194	2,650	69.06	6.39	$30,326
Jul 2007	193	678	70.90	6.39	$18,015
Jun 2007	577	3,587	62.00	7.55	$62,850
May 2007	581	3,773	58.74	7.85	$63,732
Apr 2007	392	3,569	59.61	7.81	$51,224
Mar 2007	544	3,172	56.92	7.30	$54,126
Feb 2007	394	3,313	55.10	8.22	$48,929
Jan 2007	394	2,955	50.30	6.73	$39,696
Dec 2006	388	3,468	56.65	6.92	$45,973
Nov 2006	578	3,826	54.20	7.62	$60,472
Oct 2006	568	4,242	54.90	6.01	$56,694
Sep 2006	383	3,627	60.08	5.04	$41,281
Aug 2006	767	5,091	68.71	7.34	$90,068
Jul 2006	577	5,691	69.37	6.34	$76,123
Jun 2006	945	6,141	66.28	6.38	$101,838
May 2006	1,134	5,972	66.01	6.42	$113,225
Apr 2006	936	6,073	64.39	7.36	$104,969
Mar 2006	1,145	6,493	56.70	7.08	$110,911
Feb 2006	956	6,454	57.59	7.75	$105,082
Jan 2006	1,370	7,440	60.59	8.93	$149,472
Dec 2005	1,110	7,748	54.94	13.42	$164,926
Nov 2005	1,314	7,576	54.69	10.59	$152,080
Oct 2005	1,868	10,015	58.34	13.80	$247,144
Sep 2005	2,282	11,287	61.45	12.08	$276,565
Aug 2005	3,267	14,834	61.51	9.80	$346,279
Jul 2005	2,712	2,872	55.69	7.84	$173,558

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.

Oct 2015 — as filed, then multipliedworked

Oil                  107 bbl  × $ 43.55 =     $4,660
Casinghead gas         1 Mcf  × $  2.43 =         $2

────────────────────────────────────────────────────
Month total                                   $4,662

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/O/7598 is the state's own key, not one this site invented.