BEULAH MAGNESS

Operated by FLAT TOP OPERATING, LLC (P-5 100526) in the WATTS (GARDNER SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31439District 7BField 95502600OilCasinghead gasSaveExport
Value, all time
$5.9 M
Dec 2012 – May 2026
Value, last 12 filed months
$182 k
at the published price for each month
Months reported
162
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 59 leases and 106 wells, and the rule below applies to all of them.

Discovered
1954-10-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: WATTS /GARDNER LIME/ & WATTS /GARDNER SAND/ COMBINED 10-1-71.

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
OilDisposition79,393 bbl$4,806,698
Casinghead gasProduction327,465 Mcf$1,096,878
Total$5,903,576

Wells on this lease (5)

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 32.1480, -100.2338. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

32.14773, -100.23486 · 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
0.0%
0 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
5,785 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
5100.0%

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

Between 5,735 and 5,822 ft, median 5,785 ft, over the 5 wells that filed a depth.

Completions filed
Dec 2012 – Jan 2017
5 of 5 wells

5 wells

42-3533356655,785 ftJan 2017
42-3533345645,759 ftJan 2015
42-3533345535,800 ftFeb 2014
42-3533335525,735 ftMay 2013
42-3533335415,822 ftDec 2012

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 (162)

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

162 months

May 20261770106.413.05$18,835
Apr 20261851,02598.932.87$21,244
Mar 202601,10589.753.15$3,480
Feb 202618399663.503.75$15,356
Jan 202601,11159.138.00$8,886
Dec 20251671,05756.664.41$14,127
Nov 20251861,15358.593.93$15,425
Oct 202504,92559.383.30$16,276
Sep 20251821,70062.743.08$16,649
Aug 20251931,76263.933.01$17,651
Jul 20251751,92866.743.32$18,071
Jun 20251851,27266.483.13$16,279
May 2025175060.553.23$10,596
Apr 20251821,80962.363.54$17,759
Mar 20251801,82367.704.27$19,967
Feb 20251831,60870.884.34$19,951
Jan 20251811,66874.324.28$20,589
Dec 202417626168.993.12$12,957
Nov 20241841,59069.052.20$16,201
Oct 20241781,47071.372.28$16,058
Sep 20241781,49769.612.36$15,930
Aug 20241801,80075.632.06$17,328
Jul 20243621,78179.932.15$32,758
Jun 20241831,70478.082.63$18,777
May 20243661,75978.812.20$32,712
Apr 20241841,52484.451.66$18,067
Mar 202436085380.301.55$30,226
Feb 20241841,24676.091.78$16,223
Jan 20243131,48673.023.30$27,756
Dec 20233681,37271.262.61$29,806
Nov 202336053877.892.81$29,551
Oct 202336413485.443.09$31,514
Sep 20231811,73589.042.74$20,862
Aug 20233631,73580.522.67$33,866
Jul 20235231,73874.852.64$43,738
Jun 20233501,72368.962.26$28,027
May 20235331,86370.622.23$41,790
Apr 2023348078.122.24$27,186
Mar 20233681,86172.852.39$31,262
Feb 20233611,64275.112.47$31,163
Jan 2023177076.533.39$13,546
Dec 2022357076.415.73$27,278
Nov 20223531,70085.005.65$39,604
Oct 20221761,59787.185.86$24,708
Sep 20225201,84284.888.16$59,175
Aug 20221821,87294.529.13$34,289
Jul 20223401,947101.587.54$49,222
Jun 20223521,478115.097.98$52,302
May 2022180773109.378.43$26,205
Apr 20223511,830104.226.84$49,094
Mar 20221811,895108.885.08$29,327
Feb 20223521,59491.054.86$39,795
Jan 20221811,81881.844.54$23,063
Dec 20211602,08871.323.90$19,553
Nov 20213462,21477.435.24$38,385
Oct 20215112,45179.795.71$54,777
Sep 20213461,93869.865.35$34,542
Aug 20213482,55066.024.22$33,737
Jul 20211751,93370.783.98$20,084
Jun 20211711,69369.493.38$17,606
May 20213532,12663.483.02$28,824
Apr 20213372,13260.362.76$26,222
Mar 20213522,34561.302.72$27,949
Feb 20213591,60057.805.55$29,627
Jan 20213542,06150.412.81$23,637
Dec 20203572,18144.642.68$21,772
Nov 20203452,14538.772.71$19,181
Oct 20203412,25436.972.48$18,193
Sep 20203542,12437.091.99$17,359
Aug 20201762,18039.982.39$12,236
Jul 20203431,72138.371.83$16,302
Jun 20208351,45734.901.69$31,604
May 2020075916.921.81$1,377
Apr 202001,29614.751.80$2,338
Mar 20201741,79630.341.86$8,613
Feb 20205211,86149.881.98$29,674
Jan 20205151,70257.252.09$33,049
Dec 20195111,47159.012.30$33,544
Nov 201952618255.302.75$29,588
Oct 201933978053.472.42$20,013
Sep 20193531,57355.052.66$23,613
Aug 20195132,36253.112.30$32,688
Jul 20196762,76056.272.46$44,828
Jun 20195232,65852.782.49$34,226
May 20195192,93458.482.74$38,391
Apr 20193572,27162.632.75$28,606
Mar 20195112,64356.803.06$37,118
Feb 20197062,44850.852.79$42,735
Jan 20196952,52546.033.23$40,142
Dec 20183442,59346.594.19$26,880
Nov 20186942,55752.934.24$47,568
Oct 20183741,72161.443.40$28,827
Sep 20183502,44059.543.11$28,423
Aug 20186792,55659.403.07$48,171
Jul 20185322,71765.142.93$42,620
Jun 20184962,20960.183.08$36,646
May 20185182,55565.382.90$41,278
Apr 20188712,43063.842.90$62,654
Mar 20185052,47261.222.79$37,805
Feb 20186952,41161.782.77$49,606
Jan 20187262,78162.874.01$56,794
Dec 20175292,59257.272.92$37,868
Nov 20177072,37355.423.12$46,582
Oct 20178712,66849.292.98$50,892
Sep 20174012,68647.523.09$27,348
Aug 20176712,86745.373.00$39,057
Jul 20178682,95943.873.09$47,214
Jun 20175312,03442.493.09$28,842
May 20178603,16845.373.26$49,357
Apr 20178452,91947.933.21$49,876
Mar 20171,0473,25946.772.98$58,692
Feb 20176772,12850.452.95$40,438
Jan 20178682,71049.413.42$52,153
Dec 20166922,76648.763.72$44,039
Nov 20167242,99042.492.64$38,669
Oct 20168883,31046.193.09$51,245
Sep 20169033,19041.553.10$47,411
Aug 20168953,50641.442.92$47,342
Jul 20161,0723,80341.622.92$55,738
Jun 20161,0893,40845.352.69$58,539
May 20165443,34842.521.99$29,797
Apr 20161,0943,17136.561.99$46,310
Mar 20161,0772,89533.011.79$40,745
Feb 20161,2752,84426.472.06$39,618
Jan 20161,0962,72527.352.36$36,418
Dec 20151,0902,66032.362.00$40,596
Nov 20159152,49338.792.17$40,896
Oct 20151,2783,36143.552.43$63,813
Sep 20151,0912,66042.992.76$54,239
Aug 20151,0952,64940.162.87$51,584
Jul 20151,1032,78948.152.95$61,323
Jun 20159142,52656.152.88$58,603
May 20157332,58355.212.96$48,103
Apr 20151,2673,04849.822.71$71,372
Mar 20151,1002,72942.892.93$55,188
Feb 20157383,04544.662.98$42,022
Jan 20158843,37643.433.10$48,860
Dec 20145502,56354.693.59$39,284
Nov 20147262,49670.464.25$61,767
Oct 20145432,80578.303.90$53,459
Sep 20147252,75986.164.05$73,627
Aug 20147263,01489.394.04$77,059
Jul 20145382,99896.564.18$64,480
Jun 20146682,67198.164.74$78,223
May 20147253,21294.734.73$83,861
Apr 20149183,10495.944.81$103,000
Mar 20149342,32095.895.06$101,293
Feb 20143651,47797.406.19$44,697
Jan 20143671,59990.404.86$40,949
Dec 20133691,53591.824.35$40,566
Nov 20135261,45588.853.74$52,174
Oct 20135391,57997.423.78$58,477
Sep 20131821,109104.113.72$23,071
Aug 20133571,584104.253.52$42,797
Jul 20135201,869102.523.72$60,259
Jun 20133532,04294.403.93$41,355
May 20135372,03494.834.15$59,363
Apr 201352587893.964.28$53,089
Mar 201336494093.623.91$37,756
Feb 201336887691.233.42$36,568
Jan 20135471,05291.603.42$53,703
Dec 20120086.773.42$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.

May 2026 — as filed, then multipliedworked
Oil                  177 bbl  × $106.41 =    $18,835
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,835

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/31439 is the state's own key, not one this site invented.