SCOTT "B"

Operated by BACON ENERGY (P-5 42398) in the HANVEY (LAKE SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139678District 7BField 38822450CondensateGasSaveExport
Value, all time
$14 k
Jan 1993 – Jun 2007
Value, last 12 filed months
$110
at the published price for each month
Months reported
174
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 44 leases and 50 wells, and the rule below applies to all of them.

Discovered
1983-10-01
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 12/01/89.

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
CondensateDisposition124 bbl$2,488
GasProduction13,409 Mcf$11,906
Total$14,394

10,205 Mcf of this lease's gas, across 46 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 (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 32.4130, -98.9898. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41299, -98.98983 · 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
0.0%
0 of 1 wells
Median depth
4,150 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 4,150 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-1333461014,150 ftApr 2007Yes

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 (174)

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

174 months

Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070456.927.30$29
Feb 20070455.108.22$33
Jan 20070550.306.73$34
Dec 20060256.656.92$14
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060166.286.38$6
May 20060166.016.42$6
Apr 20060164.397.36$7
Mar 20060156.707.08$7
Feb 20060157.597.75$8
Jan 20060160.598.93$9
Dec 20050154.9413.42$13
Nov 20050154.6910.59$11
Oct 20050158.3413.80$14
Sep 20050161.4512.08$12
Aug 20050161.519.80$10
Jul 20050155.697.84$8
Jun 20050252.337.38$15
May 20050245.226.65$13
Apr 20050249.207.36$15
Mar 2005016950.377.15$1,209
Feb 2005016945.226.31$1,067
Jan 2005017143.166.32$1,081
Dec 2004017939.866.75$1,208
Nov 2004014145.286.33$893
Oct 20040249.706.52$13
Sep 20040243.245.28$11
Aug 20040242.375.55$11
Jul 20040238.286.08$12
Jun 20040136.106.43$6
May 20040137.486.49$6
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 20030430.266.30$25
Nov 20030328.804.60$14
Oct 20030228.174.76$10
Sep 20030326.314.75$14
Aug 20030429.765.13$21
Jul 20030429.415.17$21
Jun 20030428.565.98$24
May 20030526.595.97$30
Apr 20030526.675.41$27
Mar 20030531.146.10$30
Feb 20030433.487.93$32
Jan 20030530.315.58$28
Dec 20020426.914.85$19
Nov 20020424.664.14$17
Oct 20020426.464.23$17
Sep 20020427.443.64$15
Aug 20020425.963.16$13
Jul 20020424.583.06$12
Jun 20020423.733.34$13
May 20020524.663.58$18
Apr 20020423.653.51$14
Mar 20020522.003.10$16
Feb 20020418.222.38$10
Jan 20020417.172.38$10
Dec 20010416.932.36$9
Nov 20010418.072.41$10
Oct 20010419.782.53$10
Sep 20010424.262.25$9
Aug 20010424.873.05$12
Jul 200106023.933.20$192
Jun 20010424.563.82$15
May 20010525.524.31$22
Apr 20010424.685.34$21
Mar 20010424.545.38$22
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990512.471.84$9
Feb 1999059.981.82$9
Jan 19990610.381.90$11
Dec 1998059.201.77$9
Nov 19980410.892.19$9
Oct 19980512.421.97$10
Sep 19980512.592.08$10
Aug 19980611.301.91$11
Jul 19980511.742.24$11
Jun 19980511.242.24$11
May 19980612.622.21$13
Apr 19980513.042.51$13
Mar 19980612.802.31$14
Feb 19980513.952.30$12
Jan 19980614.702.15$13
Dec 19970616.322.41$14
Nov 19970718.193.09$22
Oct 19975715419.253.15$1,582
Sep 1997021917.742.95$647
Aug 1997021317.862.55$544
Jul 1997019717.582.25$443
Jun 1997022117.242.26$499
May 1997022818.972.31$526
Apr 1997021717.882.08$452
Mar 1997022318.951.94$432
Feb 1997015320.492.21$338
Jan 1997021623.483.54$765
Dec 1996022423.32$0
Nov 1996022121.97$0
Oct 19964623923.31$1,072
Sep 1996024322.22$0
Aug 1996026420.26$0
Jul 1996024519.55$0
Jun 1996021318.73$0
May 1996020119.43$0
Apr 1996020521.51$0
Mar 1996021319.38$0
Feb 1996017416.98$0
Jan 1996022717.07$0
Dec 1995016617.19$0
Nov 1995019016.00$0
Oct 1995019415.43$0
Sep 1995019816.18$0
Aug 1995022015.92$0
Jul 1995021615.24$0
Jun 1995023716.41$0
May 1995026017.56$0
Apr 1995025717.73$0
Mar 1995225716.44$33
Feb 1995022716.58$0
Jan 1995024815.92$0
Dec 19941825115.03$271
Nov 1994018715.90$0
Oct 1994023215.58$0
Sep 1994119115.29$15
Aug 1994023616.13$0
Jul 1994022917.56$0
Jun 1994028617.09$0
May 1994025115.88$0
Apr 1994029814.14$0
Mar 1994030212.46$0
Feb 1994031712.50$0
Jan 1994025612.66$0
Dec 1993035512.33$0
Nov 1993031614.49$0
Oct 1993031615.85$0
Sep 1993011415.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 1993010716.79$0
May 1993011017.68$0
Apr 1993010618.05$0
Mar 1993011118.14$0
Feb 1993013017.90$0
Jan 1993016516.93$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.

Mar 2007 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.92 =         $0
Gas                    4 Mcf  × $  7.30 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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. 7B/G/139678 is the state's own key, not one this site invented.