BILLY C

Name: BILLY C lease production and value, Dec 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WHITING OIL AND GAS CORPORATION (P-5 920478) in the BILLY (ABO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67349District 8AField 08234002Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$7.7 M

Dec 1994 – Jul 2006

Value, last 12 filed months

$69 k

at the published price for each month

Months reported

140

no gaps in the span

Streams

oil, casinghead gas

The BILLY (ABO) field

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 12 leases and 35 wells, and the rule below applies to all of them.

Discovered

1995-01-12

as the register files it

Field class

Oil

the register's own label

Between wells

933 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 1996-02-13.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “BILLY C NO. 1. OPTIONAL 40 ACRE UNITS WITH 2100' MAX. DIAG.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	367,837 bbl	$7,619,497
Casinghead gas	Production	27,127 Mcf	$96,311
Total			$7,715,808

391 Mcf of this lease's gas, across 23 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 (2)

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 33.8532, -102.3334. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

33.85323, -102.33337 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

7,413 ft

2 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.

2100.0%

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 7,350 and 7,475 ft, median 7,413 ft, over the 2 wells that filed a depth.

Completions filed

Jan 1995 – Aug 1997

2 of 2 wells

2 wells


42-27930324	2	7,475 ft	Aug 1997	—	—
42-27930318	1	7,350 ft	Jan 1995	—	—

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 (140)

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

140 months


Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	1,049	460	61.51	9.80	$69,031
Jul 2005	998	408	55.69	7.84	$58,779
Jun 2005	997	397	52.33	7.38	$55,103
May 2005	1,081	343	45.22	6.65	$51,164
Apr 2005	998	297	49.20	7.36	$51,288
Mar 2005	1,091	343	50.37	7.15	$57,408
Feb 2005	897	312	45.22	6.31	$42,532
Jan 2005	1,053	333	43.16	6.32	$47,553
Dec 2004	1,081	334	39.86	6.75	$45,344
Nov 2004	1,075	97	45.28	6.33	$49,290
Oct 2004	1,051	104	49.70	6.52	$52,912
Sep 2004	1,160	123	43.24	5.28	$50,808
Aug 2004	1,223	139	42.37	5.55	$52,590
Jul 2004	1,011	134	38.28	6.08	$39,516
Jun 2004	980	124	36.10	6.43	$36,176
May 2004	1,095	139	37.48	6.49	$41,943
Apr 2004	1,160	142	34.47	5.86	$40,817
Mar 2004	884	133	34.36	5.53	$31,110
Feb 2004	1,051	113	32.45	5.51	$34,728
Jan 2004	1,150	135	32.03	6.30	$37,685
Dec 2003	1,219	146	30.26	6.30	$37,807
Nov 2003	1,044	129	28.80	4.60	$30,660
Oct 2003	1,241	118	28.17	4.76	$35,521
Sep 2003	1,278	118	26.31	4.75	$34,185
Aug 2003	1,048	81	29.76	5.13	$31,604
Jul 2003	1,167	179	29.41	5.17	$35,247
Jun 2003	1,080	184	28.56	5.98	$31,946
May 2003	1,282	159	26.59	5.97	$35,038
Apr 2003	1,203	152	26.67	5.41	$32,906
Mar 2003	1,288	116	31.14	6.10	$40,815
Feb 2003	1,175	99	33.48	7.93	$40,124
Jan 2003	1,199	155	30.31	5.58	$37,207
Dec 2002	1,453	183	26.91	4.85	$39,988
Nov 2002	1,463	156	24.66	4.14	$36,723
Oct 2002	1,192	191	26.46	4.23	$32,348
Sep 2002	1,294	213	27.44	3.64	$36,282
Aug 2002	1,504	226	25.96	3.16	$39,759
Jul 2002	799	211	24.58	3.06	$20,285
Jun 2002	1,298	194	23.73	3.34	$31,449
May 2002	1,361	212	24.66	3.58	$34,322
Apr 2002	1,383	189	23.65	3.51	$33,372
Mar 2002	1,424	163	22.00	3.10	$31,834
Feb 2002	1,279	99	18.22	2.38	$23,539
Jan 2002	1,541	129	17.17	2.38	$26,765
Dec 2001	1,581	177	16.93	2.36	$27,185
Nov 2001	1,524	183	18.07	2.41	$27,979
Oct 2001	1,406	186	19.78	2.53	$28,281
Sep 2001	1,523	173	24.26	2.25	$37,337
Aug 2001	1,607	195	24.87	3.05	$40,561
Jul 2001	1,615	146	23.93	3.20	$39,114
Jun 2001	1,577	174	24.56	3.82	$39,397
May 2001	1,662	143	25.52	4.31	$43,030
Apr 2001	1,620	130	24.68	5.34	$40,675
Mar 2001	1,756	140	24.54	5.38	$43,845
Feb 2001	1,603	134	27.75	5.77	$45,256
Jan 2001	1,881	98	27.47	8.40	$52,494
Dec 2000	1,850	141	26.88	9.12	$51,014
Nov 2000	2,036	143	32.21	5.66	$66,389
Oct 2000	1,967	81	31.23	5.15	$61,846
Sep 2000	1,559	62	31.87	5.19	$50,007
Aug 2000	2,004	14	29.64	4.54	$59,462
Jul 2000	1,928	13	28.53	4.09	$55,059
Jun 2000	1,990	14	29.30	4.40	$58,369
May 2000	1,835	137	27.26	3.68	$50,526
Apr 2000	1,704	94	24.51	3.12	$42,058
Mar 2000	1,901	106	28.42	2.86	$54,330
Feb 2000	1,719	49	27.62	2.73	$47,612
Jan 2000	1,956	133	25.27	2.48	$49,758
Dec 1999	1,897	162	24.28	2.42	$46,452
Nov 1999	2,097	153	23.19	2.43	$49,002
Oct 1999	1,988	230	20.98	2.80	$42,353
Sep 1999	2,149	190	21.75	2.62	$47,238
Aug 1999	1,987	190	19.26	2.88	$38,816
Jul 1999	2,022	191	17.89	2.37	$36,627
Jun 1999	2,202	182	15.94	2.36	$35,530
May 1999	2,349	0	15.79	2.32	$37,091
Apr 1999	2,180	138	15.10	2.21	$33,223
Mar 1999	2,561	0	12.47	1.84	$31,936
Feb 1999	2,143	115	9.98	1.82	$21,596
Jan 1999	2,588	84	10.38	1.90	$27,023
Dec 1998	2,775	86	9.20	1.77	$25,683
Nov 1998	2,681	185	10.89	2.19	$29,600
Oct 1998	2,637	179	12.42	1.97	$33,104
Sep 1998	2,759	259	12.59	2.08	$35,275
Aug 1998	2,806	422	11.30	1.91	$32,513
Jul 1998	3,052	432	11.74	2.24	$36,797
Jun 1998	2,919	284	11.24	2.24	$33,445
May 1998	3,472	358	12.62	2.21	$44,607
Apr 1998	2,938	357	13.04	2.51	$39,206
Mar 1998	3,612	502	12.80	2.31	$47,393
Feb 1998	2,968	229	13.95	2.30	$41,930
Jan 1998	3,513	315	14.70	2.15	$52,320
Dec 1997	3,702	512	16.32	2.41	$61,651
Nov 1997	3,654	0	18.19	3.09	$66,466
Oct 1997	4,192	576	19.25	3.15	$82,510
Sep 1997	4,079	372	17.74	2.95	$73,461
Aug 1997	5,063	454	17.86	2.55	$91,585
Jul 1997	3,723	587	17.58	2.25	$66,769
Jun 1997	4,115	5,875	17.24	2.26	$84,204
May 1997	5,158	453	18.97	2.31	$98,893
Apr 1997	5,593	0	17.88	2.08	$100,003
Mar 1997	3,972	958	18.95	1.94	$77,127
Feb 1997	5,635	411	20.49	2.21	$116,368
Jan 1997	6,636	17	23.48	3.54	$155,873
Dec 1996	6,669	17	23.32	—	$155,521
Nov 1996	4,446	17	21.97	—	$97,679
Oct 1996	6,685	17	23.31	—	$155,827
Sep 1996	5,477	17	22.22	—	$121,699
Aug 1996	4,363	17	20.26	—	$88,394
Jul 1996	6,262	17	19.55	—	$122,422
Jun 1996	6,667	17	18.73	—	$124,873
May 1996	7,655	17	19.43	—	$148,737
Apr 1996	9,472	17	21.51	—	$203,743
Mar 1996	7,519	17	19.38	—	$145,718
Feb 1996	6,868	17	16.98	—	$116,619
Jan 1996	8,178	17	17.07	—	$139,598
Dec 1995	7,669	17	17.19	—	$131,830
Nov 1995	7,764	17	16.00	—	$124,224
Oct 1995	8,285	17	15.43	—	$127,838
Sep 1995	9,168	17	16.18	—	$148,338
Aug 1995	8,809	17	15.92	—	$140,239
Jul 1995	5,736	17	15.24	—	$87,417
Jun 1995	5,810	17	16.41	—	$95,342
May 1995	6,514	17	17.56	—	$114,386
Apr 1995	4,656	17	17.73	—	$82,551
Mar 1995	6,214	17	16.44	—	$102,158
Feb 1995	5,981	17	16.58	—	$99,165
Jan 1995	0	0	15.92	—	$0
Dec 1994	49	0	15.03	—	$736

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 2005 — as filed, then multipliedworked

Oil                1,049 bbl  × $ 61.51 =    $64,524
Casinghead gas       460 Mcf  × $  9.80 =     $4,507

────────────────────────────────────────────────────
Month total                                  $69,031

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/67349 is the state's own key, not one this site invented.