GOOD

Operated by BEACH EXPLORATION, INC. (P-5 58915) in the ACKERLY, NORTH (CANYON REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 71080District 8AField 00450250OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jul 2020 – Nov 2024
Value, last 12 filed months
$44 k
at the published price for each month
Months reported
53
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 19 leases and 23 wells, and the rule below applies to all of them.

Discovered
1958-08-03
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
OilDisposition32,362 bbl$1,875,927
Casinghead gasProduction8,222 Mcf$29,023
Total$1,904,951

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 32.5864, -101.7013. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.58636, -101.70132 · 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
9,400 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 9,400 ft.

Completions filed
May 2024
1 of 1 wells

1 well

42-1153380519,400 ftMay 2024Yes

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 (53)

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

53 months

Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024215078.812.20$16,944
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024180076.091.78$13,696
Jan 20240073.023.30$0
Dec 2023181071.262.61$12,898
Nov 2023175077.892.81$13,631
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023171080.522.67$13,769
Jul 2023177074.852.64$13,248
Jun 2023179068.962.26$12,344
May 2023163070.622.23$11,511
Apr 2023525078.122.24$41,013
Mar 20231,075072.852.39$78,314
Feb 2023348075.112.47$26,138
Jan 2023182076.533.39$13,928
Dec 2022159076.415.73$12,149
Nov 2022341085.005.65$28,985
Oct 20220087.185.86$0
Sep 2022349084.888.16$29,623
Aug 20223293594.529.13$31,417
Jul 202219175101.587.54$19,967
Jun 2022172121115.097.98$20,761
May 2022496105109.378.43$55,133
Apr 202216758104.226.84$17,801
Mar 202209108.885.08$46
Feb 2022168091.054.86$15,296
Jan 20220681.844.54$27
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20212,05384779.795.71$168,649
Sep 202184821769.865.35$60,402
Aug 202185326966.024.22$57,450
Jul 202199227370.783.98$71,301
Jun 20211,01634169.493.38$71,755
May 20211,52644263.483.02$98,204
Apr 20211,53555360.362.76$94,178
Mar 20211,72959561.302.72$107,604
Feb 20211,02544557.805.55$61,714
Jan 20212,41171050.412.81$123,534
Dec 20202,38792444.642.68$109,028
Nov 20202,75491638.772.71$109,252
Oct 20203,269036.972.48$120,855
Sep 20203,4781,28137.091.99$131,550
Aug 20200039.982.39$0
Jul 2020543038.371.83$20,835

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 2024 — as filed, then multipliedworked
Oil                  215 bbl  × $ 78.81 =    $16,944
Casinghead gas         0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                  $16,944

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/71080 is the state's own key, not one this site invented.