BATEMAN TRUST EST. ACCOUNT NO. 1

Operated by PPC OPERATING COMPANY LLC (P-5 631462) in the BATEMAN RANCH (A-ZONE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18122District 8AField 06067250OilCasinghead gasSave
Value, all time
$29.7 M
Jan 1993 – Nov 2014
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
263
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition751,704 bbl$29,670,829
Casinghead gasProduction10,336 Mcf$0
Total$29,670,829

10,336 Mcf of this lease's gas, across 26 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 (36)

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 33.6220, -100.2178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.2 miles.

33.62486, -100.21534 · 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%
36 of 36 wells
With a plug date
27.8%
10 of 36 wells
Median depth
5,374 ft
30 wells filed one
Completion to plug
3.2 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
36100.0%
A plug date is filed
1027.8%
BothOn the schedule and plugged. Neither fact cancels the other.
1027.8%
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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 30 of 36 wells. Median 5,374 ft, with the middle half between 5,317 and 5,470 ft; the shallowest is 3,527 ft and the deepest 6,315 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

90s
00s
10s

Last completion by decade, 23 of 36 wells, Jul 1995 – Aug 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1995 – Aug 2018
23 of 36 wells; 13 filed none
Plug dates filed
Nov 1980 – Mar 2015
10 of 36 wells; 26 filed none

Last completion to plug: a median of 3.2 years across the 4 wells that filed both dates, with the middle half between 14 months and 7.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

36 wells

42-269001994Yes
42-269002016Yes
42-2690020385,372 ftSep 1990Yes
42-2690020611Yes
42-26900207123,618 ftMay 2001Yes
42-26900223205,400 ftAug 1998Yes
42-26900226325,090 ftYes
42-26900247535,350 ftNov 1980Yes
42-2690024855Yes
42-2690025861Yes
42-26900261653,658 ftSep 2013Yes
42-2690026266Yes
42-26900263673,536 ftDec 1996Yes
42-269322971035,480 ftAug 2018Yes
42-26932242965,468 ftFeb 2017Yes
42-26932241955,499 ftNov 2014Yes
42-26931502905,480 ftJun 2014Yes
42-2690020275,360 ftJan 2014Yes
42-269323491055,320 ftJun 2011Yes
42-26931531915,375 ftMay 2010Yes
42-26930012805,346 ftApr 2008Yes
42-26900251545,316 ftMar 2008Yes
42-26900234395,440 ftApr 2003May 2008Yes
42-26931497895,490 ftMay 2002Yes
42-26931240826,150 ftAug 2001Mar 2015Yes
42-269323671083,800 ftMar 2000Yes
42-269323631065,440 ftMar 2000Yes
42-26931537835,330 ftNov 1998Yes
42-26932240943,527 ftApr 1998Yes
42-269322801023,690 ftAug 1997Yes
42-26900245515,391 ftApr 1997Yes
42-26900246525,480 ftOct 1996Yes
42-26900222285,375 ftNov 1995Yes
42-26931378865,470 ftNov 1995Yes
42-26900266706,315 ftOct 1995Oct 1996Yes
42-26900215215,320 ftJul 1995Oct 1996Yes

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 (263)

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

263 months

Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20142,360098.164.74$231,658
May 20142,438094.734.73$230,952
Apr 20142,046095.944.81$196,293
Mar 20142,388095.895.06$228,985
Feb 20142,098097.406.19$204,345
Jan 20141,723090.404.86$155,759
Dec 20132,096091.824.35$192,455
Nov 20131,711088.853.74$152,022
Oct 20131,487097.423.78$144,864
Sep 20131,9520104.113.72$203,223
Aug 20131,9990104.253.52$208,396
Jul 20131,9530102.523.72$200,222
Jun 20131,814094.403.93$171,242
May 20131,813094.834.15$171,927
Apr 20131,771093.964.28$166,403
Mar 20131,972093.623.91$184,619
Feb 20131,701091.233.42$155,182
Jan 20132,033091.603.42$186,223
Dec 20122,166086.773.42$187,944
Nov 20122,219086.953.62$192,942
Oct 20122,277089.383.40$203,518
Sep 20122,239094.672.92$211,966
Aug 20122,484092.662.91$230,167
Jul 20122,346085.133.02$199,715
Jun 20122,300079.822.52$183,586
May 20122,559091.612.49$234,430
Apr 20122,0290101.652.00$206,248
Mar 20122,0860105.052.22$219,134
Feb 20121,9640101.102.57$198,560
Jan 20122,186098.092.73$214,425
Dec 20112,283096.873.24$221,154
Nov 20112,125095.723.31$203,405
Oct 20112,386084.983.65$202,762
Sep 20112,039083.623.99$170,501
Aug 20112,051083.404.15$171,053
Jul 20112,206094.144.52$207,673
Jun 20112,003092.904.64$186,079
May 20111,909098.134.40$187,330
Apr 20111,9300105.964.33$204,503
Mar 20111,944096.364.06$187,324
Feb 20111,900085.644.18$162,716
Jan 20112,070086.504.59$179,055
Dec 20102,095085.734.35$179,604
Nov 20102,169080.843.80$175,342
Oct 20101,997078.103.51$155,966
Sep 20102,188072.633.98$158,914
Aug 20101,901073.684.42$140,066
Jul 20101,326072.554.74$96,201
Jun 20101,427070.364.91$100,404
May 20101,526071.124.24$108,529
Apr 20102,014081.694.12$164,524
Mar 20101,722078.394.39$134,988
Feb 20101,716073.585.44$126,263
Jan 20101,832074.365.96$136,228
Dec 20091,969071.445.48$140,665
Nov 20091,917074.593.75$142,989
Oct 20091,936072.544.11$140,437
Sep 20092,466065.543.06$161,622
Aug 20092,361067.423.22$159,179
Jul 20091,732061.133.46$105,877
Jun 20091,898066.163.90$125,572
May 20092,068054.743.93$113,202
Apr 20092,174046.773.59$101,678
Mar 20092,311042.144.06$97,386
Feb 20092,125032.814.63$69,721
Jan 20092,423035.865.37$86,889
Dec 20081,894037.105.98$70,267
Nov 20081,802055.496.86$99,993
Oct 20082,177075.246.92$163,797
Sep 20081,9250101.767.88$195,888
Aug 20082,1650114.228.48$247,286
Jul 20082,3860131.0811.39$312,757
Jun 20082,1100131.3313.03$277,106
May 20082,1060123.1711.57$259,396
Apr 20082,1570110.3110.45$237,939
Mar 20081,7520101.909.66$178,529
Feb 20082,173092.538.77$201,068
Jan 20082,222090.388.21$200,824
Dec 20072,278088.337.30$201,216
Nov 20072,372091.677.29$217,441
Oct 20072,153082.856.92$178,376
Sep 20071,780075.846.24$134,995
Aug 20072,079069.066.39$143,576
Jul 20071,962070.906.39$139,106
Jun 20071,951062.007.55$120,962
May 20072,363058.747.85$138,803
Apr 20071,946059.617.81$116,001
Mar 20072,420056.927.30$137,746
Feb 20072,127055.108.22$117,198
Jan 20072,314050.306.73$116,394
Dec 20062,632056.656.92$149,103
Nov 20061,978054.207.62$107,208
Oct 20062,253054.906.01$123,690
Sep 20062,284060.085.04$137,223
Aug 20062,478068.717.34$170,263
Jul 20062,449069.376.34$169,887
Jun 20062,179066.286.38$144,424
May 20062,489066.016.42$164,299
Apr 20062,277064.397.36$146,616
Mar 20062,667056.707.08$151,219
Feb 20062,194057.597.75$126,352
Jan 20062,788060.598.93$168,925
Dec 20052,577054.9413.42$141,580
Nov 20052,689054.6910.59$147,061
Oct 20052,687058.3413.80$156,760
Sep 20052,660061.4512.08$163,457
Aug 20052,836061.519.80$174,442
Jul 20052,913055.697.84$162,225
Jun 20052,580052.337.38$135,011
May 20052,963045.226.65$133,987
Apr 20052,727049.207.36$134,168
Mar 20052,873050.377.15$144,713
Feb 20052,409045.226.31$108,935
Jan 20052,853043.166.32$123,135
Dec 20042,797039.866.75$111,488
Nov 20042,905045.286.33$131,538
Oct 20042,894049.706.52$143,832
Sep 20042,736043.245.28$118,305
Aug 20043,022042.375.55$128,042
Jul 20043,283038.286.08$125,673
Jun 20043,157036.106.43$113,968
May 20043,941037.486.49$147,709
Apr 20041,369034.475.86$47,189
Mar 20042,110034.365.53$72,500
Feb 20041,791032.455.51$58,118
Jan 20042,085032.036.30$66,783
Dec 20032,142030.266.30$64,817
Nov 20032,053028.804.60$59,126
Oct 20032,378028.174.76$66,988
Sep 20032,605026.314.75$68,538
Aug 20032,673029.765.13$79,548
Jul 20032,783029.415.17$81,848
Jun 20032,740028.565.98$78,254
May 20032,768026.595.97$73,601
Apr 20032,759026.675.41$73,583
Mar 20033,097031.146.10$96,441
Feb 20032,483033.487.93$83,131
Jan 20033,298030.315.58$99,962
Dec 20022,857026.914.85$76,882
Nov 20023,014024.664.14$74,325
Oct 20023,124026.464.23$82,661
Sep 20022,969027.443.64$81,469
Aug 20023,288025.963.16$85,356
Jul 20023,105024.583.06$76,321
Jun 20023,140023.733.34$74,512
May 20023,378024.663.58$83,301
Apr 20023,354023.653.51$79,322
Mar 20023,382022.003.10$74,404
Feb 20023,084018.222.38$56,190
Jan 20023,625017.172.38$62,241
Dec 20013,718016.932.36$62,946
Nov 20013,427018.072.41$61,926
Oct 20013,814019.782.53$75,441
Sep 20013,782024.262.25$91,751
Aug 20013,909024.873.05$97,217
Jul 20013,684023.933.20$88,158
Jun 20013,791024.563.82$93,107
May 20013,883025.524.31$99,094
Apr 20013,930024.685.34$96,992
Mar 20015,746024.545.38$141,007
Feb 20013,807027.755.77$105,644
Jan 20014,459027.478.40$122,489
Dec 20004,962026.889.12$133,379
Nov 20004,655032.215.66$149,938
Oct 20005,453031.235.15$170,297
Sep 20005,340031.875.19$170,186
Aug 20004,052029.644.54$120,101
Jul 20005,636028.534.09$160,795
Jun 20005,121029.304.40$150,045
May 20005,549027.263.68$151,266
Apr 20005,879024.513.12$144,094
Mar 20006,013028.422.86$170,889
Feb 20004,968027.622.73$137,216
Jan 20005,610025.272.48$141,765
Dec 19996,263024.282.42$152,066
Nov 19994,763023.192.43$110,454
Oct 19994,500020.982.80$94,410
Sep 19994,687021.752.62$101,942
Aug 19994,776019.262.88$91,986
Jul 19994,665017.892.37$83,457
Jun 19995,246015.942.36$83,621
May 19995,790015.792.32$91,424
Apr 19996,328015.102.21$95,553
Mar 19995,920012.471.84$73,822
Feb 19995,52309.981.82$55,120
Jan 19996,037010.381.90$62,664
Dec 19987,01409.201.77$64,529
Nov 19987,182010.892.19$78,212
Oct 19987,943012.421.97$98,652
Sep 19988,227012.592.08$103,578
Aug 19986,151011.301.91$69,506
Jul 19986,427011.742.24$75,453
Jun 19986,645011.242.24$74,690
May 19987,368012.622.21$92,984
Apr 19988,245013.042.51$107,515
Mar 19987,947012.802.31$101,722
Feb 19987,801013.952.30$108,824
Jan 199810,060014.702.15$147,882
Dec 19971,933016.322.41$31,547
Nov 19971,950018.193.09$35,471
Oct 19971,682019.253.15$32,379
Sep 19971,472017.742.95$26,113
Aug 19971,731017.862.55$30,916
Jul 19971,891017.582.25$33,244
Jun 19971,909017.242.26$32,911
May 19971,659018.972.31$31,471
Apr 19971,914017.882.08$34,222
Mar 19975,139018.951.94$97,384
Feb 19974,339020.492.21$88,906
Jan 19974,923023.483.54$115,592
Dec 19963,988023.32$93,000
Nov 19962,937021.97$64,526
Oct 19963,245023.31$75,641
Sep 19962,582022.22$57,372
Aug 19962,890020.26$58,551
Jul 19963,128019.55$61,152
Jun 19963,419018.73$64,038
May 19963,806019.43$73,951
Apr 19963,698021.51$79,544
Mar 19963,750019.38$72,675
Feb 19964,067016.98$69,058
Jan 19964,124017.07$70,397
Dec 19952,100017.19$36,099
Nov 19951,261016.00$20,176
Oct 19951,265015.43$19,519
Sep 19951,316016.18$21,293
Aug 19951,498015.92$23,848
Jul 19951,463015.24$22,296
Jun 19951,581016.41$25,944
May 19951,910017.56$33,540
Apr 19951,425017.73$25,265
Mar 19951,746016.44$28,704
Feb 19951,65030316.58$27,357
Jan 19951,84738015.92$29,404
Dec 19941,98836115.03$29,880
Nov 19942,07141315.90$32,929
Oct 19942,16542115.58$33,731
Sep 19941,72734715.29$26,406
Aug 19941,92738916.13$31,083
Jul 19941,99841117.56$35,085
Jun 19941,43832317.09$24,575
May 19941,68631215.88$26,774
Apr 19941,59123814.14$22,497
Mar 19941,74225312.46$21,705
Feb 19941,40126412.50$17,513
Jan 19941,72635212.66$21,851
Dec 19931,84133412.33$22,700
Nov 19931,88546514.49$27,314
Oct 19932,01548015.85$31,938
Sep 19931,93648215.03$29,098
Aug 19932,13152415.66$33,371
Jul 19931,87151415.46$28,926
Jun 19932,05747216.79$34,537
May 19931,83546817.68$32,443
Apr 19932,04952318.05$36,984
Mar 19931,97845518.14$35,881
Feb 19931,99839617.90$35,764
Jan 19932,12745616.93$36,010

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 2014 — as filed, then multipliedworked
Oil                2,360 bbl  × $ 98.16 =   $231,658
Casinghead gas         0 Mcf  × $  4.74 =         $0

────────────────────────────────────────────────────
Month total                                 $231,658

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. 8A/O/18122 is the state's own key, not one this site invented.