BECK

Operated by VERADO ENERGY, INC. (P-5 884563) in the HERMLEIGH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 66087District 8AField 40716333NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2020
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
329
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 40 leases and 61 wells, and the rule below applies to all of them.

Discovered
1953-10-22
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. The field rule took effect on 2006-08-01.

The Commission's schedule remark for this field reads: PSUEDO RULES FOR HORIZONTAL WELLS.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition29,017 bbl$1,146,278
Casinghead gasProduction51,525 Mcf$160,042
Total$1,306,319

16,000 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 32.6871, -100.7336. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.68706, -100.73359 · 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
7,600 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 7,600 ft.

Completions filed
Oct 1987
1 of 1 wells

1 well

42-4153291717,600 ftOct 1987Yes

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 (329)

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

329 months

May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 2019174053.112.30$9,241
Jul 20190056.272.46$0
Jun 2019170052.782.49$8,973
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019178056.803.06$10,110
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20183046.594.19$140
Nov 20180052.934.24$0
Oct 20181061.443.40$61
Sep 20185059.543.11$298
Aug 20181059.403.07$59
Jul 20181065.142.93$65
Jun 2018172060.183.08$10,351
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018172061.782.77$10,626
Jan 20181062.874.01$63
Dec 20170057.272.92$0
Nov 2017170055.423.12$9,421
Oct 20170049.292.98$0
Sep 2017178047.523.09$8,459
Aug 20171045.373.00$45
Jul 20170043.873.09$0
Jun 2017176042.493.09$7,478
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017180046.772.98$8,419
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20161795046.193.09$8,423
Sep 201602841.553.10$87
Aug 20160741.442.92$20
Jul 201601241.622.92$35
Jun 2016180045.352.69$8,163
May 201601342.521.99$26
Apr 201606836.561.99$135
Mar 20161817433.011.79$6,108
Feb 201608226.472.06$169
Jan 201607527.352.36$177
Dec 20151805432.362.00$5,933
Nov 201507838.792.17$169
Oct 2015012043.552.43$291
Sep 201517913942.992.76$8,079
Aug 2015011640.162.87$333
Jul 2015011148.152.95$327
Jun 201518110956.152.88$10,477
May 2015012055.212.96$355
Apr 2015011949.822.71$322
Mar 20151802442.892.93$7,791
Feb 20150844.662.98$24
Jan 20150943.433.10$28
Dec 20141822254.693.59$10,033
Nov 201402070.464.25$85
Oct 20141814078.303.90$14,328
Sep 201405986.164.05$239
Aug 201403489.394.04$137
Jul 20141803596.564.18$17,527
Jun 201402298.164.74$104
May 201409694.734.73$454
Apr 2014013095.944.81$625
Mar 201418112995.895.06$18,008
Feb 2014010997.406.19$675
Jan 201418012890.404.86$16,894
Dec 2013011191.824.35$483
Nov 2013012088.853.74$449
Oct 20131793997.423.78$17,586
Sep 2013026104.113.72$97
Aug 2013017104.253.52$60
Jul 201317814102.523.72$18,301
Jun 201306994.403.93$271
May 201306994.834.15$286
Apr 20131816193.964.28$17,268
Mar 201309593.623.91$372
Feb 20131817491.233.42$16,766
Jan 2013010491.603.42$356
Dec 201208586.773.42$291
Nov 20121799686.953.62$15,912
Oct 201208489.383.40$286
Sep 201207594.672.92$219
Aug 201218011192.662.91$17,002
Jul 2012011685.133.02$350
Jun 201217911379.822.52$14,572
May 2012011291.612.49$279
Apr 20120106101.652.00$212
Mar 2012176111105.052.22$18,735
Feb 2012089101.102.57$229
Jan 201218111098.092.73$18,055
Dec 2011011896.873.24$382
Nov 201118011395.723.31$17,604
Oct 2011012584.983.65$456
Sep 2011012283.623.99$486
Aug 20111784183.404.15$15,015
Jul 201103594.144.52$158
Jun 20111773792.904.64$16,615
May 201104298.134.40$185
Apr 201118142105.964.33$19,361
Mar 201103696.364.06$146
Feb 201101285.644.18$50
Jan 20110786.504.59$32
Dec 2010178485.734.35$15,277
Nov 20100680.843.80$23
Oct 201002178.103.51$74
Sep 201003972.633.98$155
Aug 20101792373.684.42$13,290
Jul 201002272.554.74$104
Jun 20101261470.364.91$8,934
May 201002671.124.24$110
Apr 201002981.694.12$120
Mar 20101813278.394.39$14,329
Feb 201004973.585.44$267
Jan 201006474.365.96$382
Dec 20091816671.445.48$13,293
Nov 200904674.593.75$173
Oct 20091817772.544.11$13,446
Sep 200906965.543.06$211
Aug 200907167.423.22$229
Jul 20091777661.133.46$11,083
Jun 200906966.163.90$269
May 200905954.743.93$232
Apr 200917711046.773.59$8,673
Mar 2009011642.144.06$471
Feb 200918010432.814.63$6,388
Jan 200909435.865.37$505
Dec 200808037.105.98$478
Nov 200807455.496.86$508
Oct 20081771975.246.92$13,449
Sep 2008070101.767.88$551
Aug 2008072114.228.48$611
Jul 200817966131.0811.39$24,215
Jun 20084698131.3313.03$7,318
May 2008177105123.1711.57$23,016
Apr 2008098110.3110.45$1,025
Mar 2008088101.909.66$850
Feb 20081747692.538.77$16,767
Jan 200806390.388.21$517
Dec 200714710688.337.30$13,759
Nov 200708791.677.29$634
Oct 200702582.856.92$173
Sep 200702775.846.24$169
Aug 2007015369.066.39$977
Jul 20071783670.906.39$12,850
Jun 2007024262.007.55$1,827
May 200717927758.747.85$12,688
Apr 2007024959.617.81$1,943
Mar 200717445656.927.30$13,234
Feb 2007033755.108.22$2,769
Jan 200717025850.306.73$10,287
Dec 2006038556.656.92$2,664
Nov 200618040454.207.62$12,833
Oct 2006064454.906.01$3,873
Sep 200618133460.085.04$12,557
Aug 2006032268.717.34$2,363
Jul 2006031669.376.34$2,004
Jun 200618026066.286.38$13,590
May 2006030866.016.42$1,979
Apr 200618131164.397.36$13,944
Mar 200617830756.707.08$12,267
Feb 2006023157.597.75$1,791
Jan 200617824260.598.93$12,947
Dec 200506654.9413.42$885
Nov 2005130054.6910.59$7,110
Oct 20050658.3413.80$83
Sep 20050061.4512.08$0
Aug 2005170061.519.80$10,457
Jul 2005011355.697.84$886
Jun 2005020552.337.38$1,513
May 200517524645.226.65$9,550
Apr 2005019549.207.36$1,435
Mar 200517018650.377.15$9,894
Feb 200518216745.226.31$9,284
Jan 2005013643.166.32$860
Dec 200418418739.866.75$8,597
Nov 2004022145.286.33$1,399
Oct 200417113649.706.52$9,385
Sep 2004026043.245.28$1,374
Aug 200417622542.375.55$8,706
Jul 2004023138.286.08$1,405
Jun 20041598536.106.43$6,287
May 2004011537.486.49$747
Apr 20041759634.475.86$6,595
Mar 2004013434.365.53$741
Feb 20041797432.455.51$6,216
Jan 2004028132.036.30$1,770
Dec 200317719530.266.30$6,585
Nov 2003021528.804.60$988
Oct 200317423728.174.76$6,030
Sep 2003025026.314.75$1,187
Aug 200313615329.765.13$4,832
Jul 20031782629.415.17$5,369
Jun 20030028.565.98$0
May 20031801226.595.97$4,858
Apr 20030026.675.41$0
Mar 20031763231.146.10$5,676
Feb 2003016233.487.93$1,284
Jan 200316114630.315.58$5,695
Dec 200218215926.914.85$5,669
Nov 2002019824.664.14$819
Oct 200217918326.464.23$5,510
Sep 2002022027.443.64$800
Aug 200217824925.963.16$5,409
Jul 200215725524.583.06$4,640
Jun 2002027623.733.34$921
May 200217626124.663.58$5,276
Apr 2002021723.653.51$762
Mar 200217922122.003.10$4,624
Feb 2002018918.222.38$449
Jan 200218021117.172.38$3,592
Dec 200117117616.932.36$3,311
Nov 2001024318.072.41$585
Oct 200117930119.782.53$4,302
Sep 2001018324.262.25$412
Aug 200117819324.873.05$5,016
Jul 200117519123.933.20$4,798
Jun 2001014424.563.82$551
May 200117718825.524.31$5,327
Apr 2001023124.685.34$1,232
Mar 200118122024.545.38$5,625
Feb 2001018027.755.77$1,038
Jan 200118018727.478.40$6,515
Dec 200018222826.889.12$6,972
Nov 2000026132.215.66$1,477
Oct 200018222831.235.15$6,857
Sep 2000017131.875.19$887
Aug 200017837829.644.54$6,992
Jul 200017637828.534.09$6,567
Jun 2000036629.304.40$1,609
May 200017637827.263.68$6,189
Apr 2000036624.513.12$1,140
Mar 200017737828.422.86$6,111
Feb 200018035427.622.73$5,937
Jan 2000037825.272.48$938
Dec 199917737824.282.42$5,214
Nov 199917836623.192.43$5,019
Oct 199917637820.982.80$4,752
Sep 1999037221.752.62$974
Aug 199917538119.262.88$4,466
Jul 1999029717.892.37$705
Jun 199918123315.942.36$3,436
May 199918123915.792.32$3,413
Apr 1999022415.102.21$495
Mar 19991787212.471.84$2,352
Feb 19990669.981.82$120
Jan 199917723510.381.90$2,284
Dec 19981792049.201.77$2,009
Nov 1998027510.892.19$601
Oct 199817527512.421.97$2,715
Sep 199817611112.592.08$2,447
Aug 1998026111.301.91$498
Jul 199817428811.742.24$2,687
Jun 199817626911.242.24$2,580
May 1998028212.622.21$622
Apr 199817724313.042.51$2,917
Mar 199818427212.802.31$2,983
Feb 199818824513.952.30$3,186
Jan 1998024414.702.15$526
Dec 199718230416.322.41$3,703
Nov 199718118018.193.09$3,848
Oct 1997038919.253.15$1,225
Sep 199717615117.742.95$3,568
Aug 199718414017.862.55$3,644
Jul 1997011017.582.25$247
Jun 19971819717.242.26$3,339
May 1997184718.972.31$3,507
Apr 199718311417.882.08$3,509
Mar 1997011318.951.94$219
Feb 199717922720.492.21$4,168
Jan 199718026123.483.54$5,150
Dec 199618723823.32$4,361
Nov 1996022721.97$0
Oct 199636017923.31$8,392
Sep 1996030122.22$0
Aug 199617231020.26$3,485
Jul 1996018819.55$0
Jun 199618110418.73$3,390
May 199618220619.43$3,536
Apr 199617922921.51$3,850
Mar 1996030419.38$0
Feb 199618131416.98$3,073
Jan 199618534917.07$3,158
Dec 199518430517.19$3,163
Nov 199518437816.00$2,944
Oct 1995052515.43$0
Sep 199518525516.18$2,993
Aug 199518653315.92$2,961
Jul 199518137415.24$2,758
Jun 199518239316.41$2,987
May 1995037717.56$0
Apr 199518338517.73$3,245
Mar 199518439116.44$3,025
Feb 199518034616.58$2,984
Jan 199517936815.92$2,850
Dec 199418435615.03$2,766
Nov 1994040915.90$0
Oct 199418123915.58$2,820
Sep 199418135015.29$2,767
Aug 199418131216.13$2,920
Jul 199417929617.56$3,143
Jun 199418034217.09$3,076
May 199417337615.88$2,747
Apr 199418339514.14$2,588
Mar 199418338312.46$2,280
Feb 1994033212.50$0
Jan 199418436012.66$2,329
Dec 199318441012.33$2,269
Nov 199318435514.49$2,666
Oct 199318237915.85$2,885
Sep 199318034315.03$2,705
Aug 199317927715.66$2,803
Jul 199317955415.46$2,767
Jun 199318040516.79$3,022
May 199318341317.68$3,235
Apr 199318228418.05$3,285
Mar 199318227918.14$3,301
Feb 199318226217.90$3,258
Jan 199318231016.93$3,081

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.

Aug 2019 — as filed, then multipliedworked
Oil                  174 bbl  × $ 53.11 =     $9,241
Casinghead gas         0 Mcf  × $  2.30 =         $0

────────────────────────────────────────────────────
Month total                                   $9,241

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/66087 is the state's own key, not one this site invented.