BETTES, JOE

Operated by ROBERTSON RESOURCES, INC. (P-5 718770) in the E. J. (FLIPPEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11367District 7BField 26990250OilCasinghead gasSaveExport
Value, all time
$114 k
Jan 1993 – Jan 2001
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
97
no gaps in the span
Streams
2
oil, casinghead 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 7 leases and 11 wells, and the rule below applies to all of them.

Discovered
1970-03-25
as the register files it
Field class
Oil
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.

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
OilDisposition6,802 bbl$114,270
Casinghead gasProduction502 Mcf$0
Total$114,270

502 Mcf of this lease's gas, across 33 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 32.1737, -100.0405. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.17374, -100.04046 · 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
3,026 ft
1 wells filed one
Completion to plug
29.5 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 3,026 ft.

Completions filed
Oct 1970
1 of 1 wells
Plug dates filed
Apr 2000
1 of 1 wells

Last completion to plug: a median of 29.5 years across the 1 well that filed both dates, with the middle half between 29.5 years and 29.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4413016213,026 ftOct 1970Apr 2000Yes

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 (97)

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

97 months

Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000107031.235.15$3,342
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 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997110019.253.15$2,118
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 1996110023.31$2,564
Sep 1996163022.22$3,622
Aug 1996169020.26$3,424
Jul 19960019.55$0
Jun 1996179018.73$3,353
May 1996187019.43$3,633
Apr 1996158021.51$3,399
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996162017.07$2,765
Dec 1995159017.19$2,733
Nov 19951351516.00$2,160
Oct 199501515.43$0
Sep 19951051516.18$1,699
Aug 19951831515.92$2,913
Jul 19951821515.24$2,774
Jun 19951771516.41$2,905
May 19951871517.56$3,284
Apr 199501517.73$0
Mar 19951661516.44$2,729
Feb 199501516.58$0
Jan 19951441515.92$2,292
Dec 19941391515.03$2,089
Nov 1994981515.90$1,558
Oct 19941861515.58$2,898
Sep 199401515.29$0
Aug 19941671516.13$2,694
Jul 19943641517.56$6,392
Jun 19941841517.09$3,145
May 19941801515.88$2,858
Apr 19941831514.14$2,588
Mar 19941891512.46$2,355
Feb 19941851512.50$2,313
Jan 19942011512.66$2,545
Dec 19931881512.33$2,318
Nov 19931831514.49$2,652
Oct 19933711515.85$5,880
Sep 19931881515.03$2,826
Aug 19931711515.66$2,678
Jul 199301515.46$0
Jun 19931701416.79$2,854
May 19931811317.68$3,200
Apr 19931752518.05$3,159
Mar 19931751518.14$3,175
Feb 19930017.90$0
Jan 1993141016.93$2,387

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 2000 — as filed, then multipliedworked
Oil                  107 bbl  × $ 31.23 =     $3,342
Casinghead gas         0 Mcf  × $  5.15 =         $0

────────────────────────────────────────────────────
Month total                                   $3,342

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/O/11367 is the state's own key, not one this site invented.