BASS BT

Operated by GUNN OIL COMPANY (P-5 339493) in the SPUR LAKE (STOCKWETHER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 69460District 8AField 85412200OilSaveExport
Value, all time
$956 k
Sep 2009 – Apr 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
68
no gaps in the span
Streams
1
oil

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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
2007-12-06
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition12,176 bbl$955,599
Total$955,599

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 33.4555, -100.8738. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.45552, -100.87383 · 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
5,300 ft
1 wells filed one
Completion to plug
4.6 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 5,300 ft.

Completions filed
Oct 2009
1 of 1 wells
Plug dates filed
May 2014
1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1253120315,300 ftOct 2009May 2014Yes

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 (68)

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

68 months

Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 201310094.834.15$9,483
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 201317791.233.42$16,148
Jan 2013091.603.42$0
Dec 201218886.773.42$16,313
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 201218794.672.92$17,703
Aug 2012092.662.91$0
Jul 201218785.133.02$15,919
Jun 2012079.822.52$0
May 20129491.612.49$8,611
Apr 20120101.652.00$0
Mar 2012112105.052.22$11,766
Feb 2012110101.102.57$11,121
Jan 20127898.092.73$7,651
Dec 20116996.873.24$6,684
Nov 201119195.723.31$18,283
Oct 2011084.983.65$0
Sep 201118883.623.99$15,721
Aug 2011083.404.15$0
Jul 201118694.144.52$17,510
Jun 2011092.904.64$0
May 201118498.134.40$18,056
Apr 20110105.964.33$0
Mar 201118696.364.06$17,923
Feb 201118985.644.18$16,186
Jan 201118386.504.59$15,830
Dec 201037085.734.35$31,720
Nov 201018880.843.80$15,198
Oct 201018778.103.51$14,605
Sep 201037472.633.98$27,164
Aug 201037073.684.42$27,262
Jul 201037372.554.74$27,061
Jun 201056170.364.91$39,472
May 201054771.124.24$38,903
Apr 201069481.694.12$56,693
Mar 201068978.394.39$54,011
Feb 201074773.585.44$54,964
Jan 20101,09074.365.96$81,052
Dec 20091,68371.445.48$120,234
Nov 20091,69474.593.75$126,355
Oct 2009072.544.11$0
Sep 2009065.543.06$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 2013 — as filed, then multipliedworked
Oil                  100 bbl  × $ 94.83 =     $9,483

────────────────────────────────────────────────────
Month total                                   $9,483

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/69460 is the state's own key, not one this site invented.