BEDDO-BANKS

Operated by BORDERLINE OPERATING CORP. (P-5 82999) in the HARKEN (CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 72985District 7BField 39081500CondensateGasSaveExport
Value, all time
$378 k
Jan 1993 – Feb 2013
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
242
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1974-12-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2012.

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
CondensateDisposition180 bbl$3,581
GasProduction127,694 Mcf$374,896
Total$378,477

31,029 Mcf of this lease's gas, across 48 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 32.6092, -98.1263. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60918, -98.12633 · 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
4,160 ft
1 wells filed one
Completion to plug
35.5 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 4,160 ft.

Completions filed
Aug 1977
1 of 1 wells
Plug dates filed
Feb 2013
1 of 1 wells

Last completion to plug: a median of 35.5 years across the 1 well that filed both dates, with the middle half between 35.5 years and 35.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633177214,160 ftAug 1977Feb 2013Yes

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 (242)

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

242 months

Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120979.822.52$23
May 2012028891.612.49$717
Apr 20120141101.652.00$282
Mar 2012936105.052.22$1,025
Feb 2012042101.102.57$108
Jan 201204798.092.73$129
Dec 201104396.873.24$139
Nov 2011010495.723.31$344
Oct 20110084.983.65$0
Sep 201106083.623.99$239
Aug 201108183.404.15$336
Jul 201103994.144.52$176
Jun 201104692.904.64$213
May 201106498.134.40$282
Apr 2011076105.964.33$329
Mar 201106196.364.06$248
Feb 201106785.644.18$280
Jan 201107086.504.59$321
Dec 201004685.734.35$200
Nov 201005780.843.80$216
Oct 201003178.103.51$109
Sep 201007272.633.98$287
Aug 201007773.684.42$340
Jul 201007672.554.74$360
Jun 201003970.364.91$192
May 201004671.124.24$195
Apr 201009181.694.12$375
Mar 2010012878.394.39$562
Feb 201009873.585.44$533
Jan 201008874.365.96$525
Dec 200908471.445.48$461
Nov 2009013574.593.75$506
Oct 2009013372.544.11$547
Sep 200909465.543.06$288
Aug 200907867.423.22$251
Jul 200906561.133.46$225
Jun 200906666.163.90$257
May 200909754.743.93$381
Apr 2009010346.773.59$370
Mar 2009011442.144.06$463
Feb 200906932.814.63$320
Jan 200909235.865.37$494
Dec 2008010337.105.98$616
Nov 200808255.496.86$563
Oct 200808475.246.92$581
Sep 2008071101.767.88$559
Aug 20080115114.228.48$976
Jul 20080132131.0811.39$1,503
Jun 20080139131.3313.03$1,812
May 20080151123.1711.57$1,748
Apr 20080119110.3110.45$1,244
Mar 20080127101.909.66$1,227
Feb 2008011892.538.77$1,035
Jan 2008014290.388.21$1,165
Dec 2007016488.337.30$1,198
Nov 2007017291.677.29$1,254
Oct 2007016782.856.92$1,156
Sep 2007016175.846.24$1,005
Aug 2007016769.066.39$1,067
Jul 2007018870.906.39$1,201
Jun 2007017162.007.55$1,291
May 2007024658.747.85$1,930
Apr 2007017259.617.81$1,342
Mar 2007015156.927.30$1,103
Feb 2007016755.108.22$1,372
Jan 2007021650.306.73$1,453
Dec 2006024056.656.92$1,660
Nov 2006023854.207.62$1,813
Oct 2006024554.906.01$1,473
Sep 2006022260.085.04$1,118
Aug 2006029968.717.34$2,195
Jul 2006026669.376.34$1,687
Jun 2006021566.286.38$1,373
May 2006011766.016.42$752
Apr 2006018464.397.36$1,354
Mar 2006011056.707.08$779
Feb 2006013857.597.75$1,070
Jan 2006022060.598.93$1,965
Dec 2005020354.9413.42$2,723
Nov 2005029554.6910.59$3,124
Oct 2005028858.3413.80$3,973
Sep 2005023261.4512.08$2,802
Aug 2005029161.519.80$2,851
Jul 2005034655.697.84$2,714
Jun 2005023152.337.38$1,705
May 2005027345.226.65$1,816
Apr 2005026749.207.36$1,965
Mar 2005024850.377.15$1,774
Feb 2005028145.226.31$1,774
Jan 2005038943.166.32$2,459
Dec 2004039439.866.75$2,660
Nov 2004034945.286.33$2,209
Oct 2004040849.706.52$2,658
Sep 2004047043.245.28$2,483
Aug 2004023042.375.55$1,277
Jul 2004012838.286.08$779
Jun 2004018236.106.43$1,171
May 2004015937.486.49$1,033
Apr 2004033334.475.86$1,951
Mar 2004039034.365.53$2,157
Feb 2004033232.455.51$1,829
Jan 2004058032.036.30$3,654
Dec 2003038230.266.30$2,407
Nov 2003046728.804.60$2,146
Oct 2003048728.174.76$2,318
Sep 2003055026.314.75$2,612
Aug 2003040829.765.13$2,093
Jul 2003047729.415.17$2,466
Jun 2003058628.565.98$3,506
May 2003057526.595.97$3,434
Apr 2003061326.675.41$3,315
Mar 2003061031.146.10$3,719
Feb 2003049933.487.93$3,955
Jan 200301,05130.315.58$5,867
Dec 2002098426.914.85$4,776
Nov 200201,07124.664.14$4,431
Oct 200201,40726.464.23$5,950
Sep 200201,58427.443.64$5,758
Aug 2002097625.963.16$3,088
Jul 200201,47024.583.06$4,501
Jun 200201,45123.733.34$4,844
May 200201,48024.663.58$5,304
Apr 200201,17623.653.51$4,130
Mar 200201,76122.003.10$5,464
Feb 200201,49318.222.38$3,547
Jan 200201,88617.172.38$4,481
Dec 200102,23816.932.36$5,292
Nov 200101,96218.072.41$4,720
Oct 200101,16519.782.53$2,946
Sep 2001047124.262.25$1,060
Aug 2001046224.873.05$1,411
Jul 2001048123.933.20$1,538
Jun 2001048124.563.82$1,839
May 2001061225.524.31$2,636
Apr 2001059024.685.34$3,148
Mar 2001068324.545.38$3,672
Feb 2001061127.755.77$3,524
Jan 2001090727.478.40$7,618
Dec 2000089326.889.12$8,146
Nov 2000090032.215.66$5,092
Oct 2000089331.235.15$4,595
Sep 2000075531.875.19$3,916
Aug 2000055429.644.54$2,516
Jul 2000059928.534.09$2,450
Jun 2000093629.304.40$4,116
May 2000094827.263.68$3,488
Apr 2000093724.513.12$2,920
Mar 2000089528.422.86$2,559
Feb 2000084327.622.73$2,298
Jan 200001,08225.272.48$2,684
Dec 199901,15224.282.42$2,792
Nov 1999089823.192.43$2,186
Oct 199901,06120.982.80$2,975
Sep 1999083821.752.62$2,195
Aug 1999079019.262.88$2,272
Jul 1999075417.892.37$1,789
Jun 1999078415.942.36$1,852
May 1999077415.792.32$1,796
Apr 1999074215.102.21$1,638
Mar 199901,43112.471.84$2,631
Feb 199907769.981.82$1,411
Jan 1999086810.381.90$1,649
Dec 199808969.201.77$1,589
Nov 1998093310.892.19$2,039
Oct 1998091212.421.97$1,796
Sep 1998091212.592.08$1,899
Aug 1998091311.301.91$1,741
Jul 199801,00111.742.24$2,240
Jun 199801,16611.242.24$2,609
May 199801,27412.622.21$2,811
Apr 199801,13413.042.51$2,841
Mar 199801,51212.802.31$3,492
Feb 199801,19513.952.30$2,747
Jan 1998092914.702.15$2,002
Dec 199701,09916.322.41$2,650
Nov 199701,24418.193.09$3,842
Oct 199701,48919.253.15$4,690
Sep 199701,56517.742.95$4,624
Aug 1997089617.862.55$2,289
Jul 199701,23717.582.25$2,779
Jun 1997090017.242.26$2,031
May 199701,10818.972.31$2,558
Apr 1997083817.882.08$1,745
Mar 1997060718.951.94$1,177
Feb 1997047820.492.21$1,054
Jan 1997064623.483.54$2,287
Dec 1996075123.32$0
Nov 1996079621.97$0
Oct 1996077923.31$0
Sep 1996077722.22$0
Aug 1996085620.26$0
Jul 1996098119.55$0
Jun 199601,02418.73$0
May 199601,14719.43$0
Apr 1996092821.51$0
Mar 199601,33219.38$0
Feb 199601,24816.98$0
Jan 199601,20017.07$0
Dec 1995044217.19$0
Nov 1995049716.00$0
Oct 1995050015.43$0
Sep 1995042816.18$0
Aug 1995044615.92$0
Jul 1995052615.24$0
Jun 1995055216.41$0
May 1995060817.56$0
Apr 1995020017.73$0
Mar 199508916.44$0
Feb 1995037516.58$0
Jan 1995048615.92$0
Dec 1994045415.03$0
Nov 1994041315.90$0
Oct 1994052615.58$0
Sep 1994047315.29$0
Aug 1994058816.13$0
Jul 1994068117.56$0
Jun 1994068517.09$0
May 1994069815.88$0
Apr 1994066014.14$0
Mar 1994059412.46$0
Feb 1994047612.50$0
Jan 1994057112.66$0
Dec 1993060812.33$0
Nov 1993054914.49$0
Oct 19937753015.85$1,220
Sep 19939064815.03$1,353
Aug 1993456715.66$63
Jul 1993094415.46$0
Jun 1993057916.79$0
May 1993057217.68$0
Apr 1993058618.05$0
Mar 1993060018.14$0
Feb 1993049617.90$0
Jan 1993056316.93$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.

Jun 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.82 =         $0
Gas                    9 Mcf  × $  2.52 =        $23

────────────────────────────────────────────────────
Month total                                      $23

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/72985 is the state's own key, not one this site invented.