HOLMAN-FAGAN

Name: HOLMAN-FAGAN lease production and value, Sep 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MARSHALL & WINSTON, INC. (P-5 527850) in the FRANCES HILL (PENN, LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174950District 01Field 325195102 tax incentive programmesCondensateGasSave Export

Value, all time

$2.6 M

Sep 1999 – Apr 2012

Value, last 12 filed months

$18 k

at the published price for each month

Months reported

152

no gaps in the span

Streams

condensate, gas

The FRANCES HILL (PENN, LOWER) 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 37 leases and 37 wells, and the rule below applies to all of them.

Discovered

1979-07-20

as the register files it

Field class

Gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1997-09-19.

The Commission's schedule remark for this field reads: “FRANCES HILL (PENN LOWER) FEILD (ID#'S 159920 & 160065).”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2000-06-16	142005
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	3 bbl	$95
Gas	Production	510,773 Mcf	$2,638,284
Total			$2,638,379

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 30.2702, -100.5912. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.27019, -100.59120 · 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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,350 ft

1 wells filed one

Completion to plug

12.6 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 7,350 ft.

Completions filed

Sep 1999

1 of 1 wells

Plug dates filed

Apr 2012

1 of 1 wells

Last completion to plug: a median of 12.6 years across the 1 well that filed both dates, with the middle half between 12.6 years and 12.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13731515	4101	7,350 ft	Sep 1999	Apr 2012	Yes

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 (152)

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

152 months


Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	556	105.05	2.22	$1,235
Feb 2012	0	572	101.10	2.57	$1,470
Jan 2012	0	91	98.09	2.73	$249
Dec 2011	0	122	96.87	3.24	$395
Nov 2011	0	222	95.72	3.31	$735
Oct 2011	0	403	84.98	3.65	$1,470
Sep 2011	0	504	83.62	3.99	$2,009
Aug 2011	0	571	83.40	4.15	$2,369
Jul 2011	0	616	94.14	4.52	$2,783
Jun 2011	0	640	92.90	4.64	$2,970
May 2011	0	595	98.13	4.40	$2,621
Apr 2011	0	187	105.96	4.33	$810
Mar 2011	0	186	96.36	4.06	$755
Feb 2011	0	356	85.64	4.18	$1,488
Jan 2011	0	341	86.50	4.59	$1,565
Dec 2010	0	350	85.73	4.35	$1,522
Nov 2010	0	338	80.84	3.80	$1,283
Oct 2010	0	477	78.10	3.51	$1,674
Sep 2010	0	468	72.63	3.98	$1,862
Aug 2010	0	511	73.68	4.42	$2,258
Jul 2010	0	562	72.55	4.74	$2,662
Jun 2010	0	531	70.36	4.91	$2,607
May 2010	0	564	71.12	4.24	$2,389
Apr 2010	0	516	81.69	4.12	$2,127
Mar 2010	0	602	78.39	4.39	$2,642
Feb 2010	0	422	73.58	5.44	$2,297
Jan 2010	0	621	74.36	5.96	$3,704
Dec 2009	0	653	71.44	5.48	$3,581
Nov 2009	0	622	74.59	3.75	$2,333
Oct 2009	0	640	72.54	4.11	$2,631
Sep 2009	0	622	65.54	3.06	$1,906
Aug 2009	0	640	67.42	3.22	$2,060
Jul 2009	0	649	61.13	3.46	$2,248
Jun 2009	0	682	66.16	3.90	$2,656
May 2009	0	775	54.74	3.93	$3,042
Apr 2009	0	561	46.77	3.59	$2,013
Mar 2009	0	312	42.14	4.06	$1,266
Feb 2009	0	695	32.81	4.63	$3,220
Jan 2009	0	821	35.86	5.37	$4,410
Dec 2008	0	615	37.10	5.98	$3,676
Nov 2008	0	435	55.49	6.86	$2,984
Oct 2008	0	698	75.24	6.92	$4,832
Sep 2008	0	781	101.76	7.88	$6,152
Aug 2008	0	914	114.22	8.48	$7,753
Jul 2008	0	599	131.08	11.39	$6,822
Jun 2008	0	869	131.33	13.03	$11,325
May 2008	0	949	123.17	11.57	$10,984
Apr 2008	0	890	110.31	10.45	$9,305
Mar 2008	0	963	101.90	9.66	$9,307
Feb 2008	0	894	92.53	8.77	$7,841
Jan 2008	0	995	90.38	8.21	$8,165
Dec 2007	0	1,011	88.33	7.30	$7,382
Nov 2007	0	993	91.67	7.29	$7,241
Oct 2007	0	1,079	82.85	6.92	$7,469
Sep 2007	0	1,063	75.84	6.24	$6,638
Aug 2007	0	1,155	69.06	6.39	$7,378
Jul 2007	0	1,114	70.90	6.39	$7,116
Jun 2007	0	1,157	62.00	7.55	$8,734
May 2007	0	1,097	58.74	7.85	$8,607
Apr 2007	0	922	59.61	7.81	$7,196
Mar 2007	0	488	56.92	7.30	$3,563
Feb 2007	0	661	55.10	8.22	$5,431
Jan 2007	0	1,051	50.30	6.73	$7,070
Dec 2006	0	1,469	56.65	6.92	$10,163
Nov 2006	0	1,330	54.20	7.62	$10,131
Oct 2006	0	1,225	54.90	6.01	$7,367
Sep 2006	0	1,778	60.08	5.04	$8,956
Aug 2006	0	2,057	68.71	7.34	$15,098
Jul 2006	0	1,331	69.37	6.34	$8,442
Jun 2006	0	1,872	66.28	6.38	$11,951
May 2006	0	2,108	66.01	6.42	$13,544
Apr 2006	0	1,952	64.39	7.36	$14,368
Mar 2006	0	2,034	56.70	7.08	$14,407
Feb 2006	0	1,874	57.59	7.75	$14,526
Jan 2006	0	1,911	60.59	8.93	$17,072
Dec 2005	0	2,194	54.94	13.42	$29,433
Nov 2005	0	2,403	54.69	10.59	$25,444
Oct 2005	0	2,268	58.34	13.80	$31,289
Sep 2005	0	2,271	61.45	12.08	$27,431
Aug 2005	0	2,698	61.51	9.80	$26,432
Jul 2005	0	2,131	55.69	7.84	$16,715
Jun 2005	0	2,502	52.33	7.38	$18,467
May 2005	0	2,743	45.22	6.65	$18,244
Apr 2005	0	2,398	49.20	7.36	$17,650
Mar 2005	0	2,495	50.37	7.15	$17,851
Feb 2005	0	2,499	45.22	6.31	$15,773
Jan 2005	1	2,941	43.16	6.32	$18,637
Dec 2004	0	3,329	39.86	6.75	$22,474
Nov 2004	0	3,013	45.28	6.33	$19,074
Oct 2004	0	3,329	49.70	6.52	$21,689
Sep 2004	0	3,307	43.24	5.28	$17,474
Aug 2004	0	3,756	42.37	5.55	$20,848
Jul 2004	0	3,840	38.28	6.08	$23,363
Jun 2004	0	3,644	36.10	6.43	$23,442
May 2004	0	4,119	37.48	6.49	$26,751
Apr 2004	0	3,853	34.47	5.86	$22,573
Mar 2004	0	4,007	34.36	5.53	$22,159
Feb 2004	0	4,312	32.45	5.51	$23,757
Jan 2004	0	4,062	32.03	6.30	$25,589
Dec 2003	0	5,022	30.26	6.30	$31,647
Nov 2003	0	5,292	28.80	4.60	$24,318
Oct 2003	0	3,994	28.17	4.76	$19,010
Sep 2003	0	3,197	26.31	4.75	$15,184
Aug 2003	0	5,835	29.76	5.13	$29,932
Jul 2003	0	6,511	29.41	5.17	$33,667
Jun 2003	0	5,906	28.56	5.98	$35,335
May 2003	0	6,359	26.59	5.97	$37,980
Apr 2003	0	6,855	26.67	5.41	$37,067
Mar 2003	0	7,592	31.14	6.10	$46,281
Feb 2003	0	6,402	33.48	7.93	$50,741
Jan 2003	0	8,242	30.31	5.58	$46,007
Dec 2002	1	8,982	26.91	4.85	$43,623
Nov 2002	0	8,735	24.66	4.14	$36,136
Oct 2002	0	9,741	26.46	4.23	$41,196
Sep 2002	0	8,982	27.44	3.64	$32,651
Aug 2002	0	9,476	25.96	3.16	$29,984
Jul 2002	0	10,130	24.58	3.06	$31,016
Jun 2002	0	10,308	23.73	3.34	$34,411
May 2002	1	9,228	24.66	3.58	$33,098
Apr 2002	0	10,451	23.65	3.51	$36,707
Mar 2002	0	8,200	22.00	3.10	$25,442
Feb 2002	0	3,267	18.22	2.38	$7,761
Jan 2002	0	7,266	17.17	2.38	$17,262
Dec 2001	0	7,051	16.93	2.36	$16,671
Nov 2001	0	7,048	18.07	2.41	$16,954
Oct 2001	0	7,498	19.78	2.53	$18,962
Sep 2001	0	7,657	24.26	2.25	$17,238
Aug 2001	0	8,003	24.87	3.05	$24,434
Jul 2001	0	8,662	23.93	3.20	$27,693
Jun 2001	0	8,475	24.56	3.82	$32,410
May 2001	0	8,846	25.52	4.31	$38,103
Apr 2001	0	8,937	24.68	5.34	$47,682
Mar 2001	0	9,516	24.54	5.38	$51,162
Feb 2001	0	9,396	27.75	5.77	$54,187
Jan 2001	0	10,905	27.47	8.40	$91,588
Dec 2000	0	11,523	26.88	9.12	$105,119
Nov 2000	0	11,061	32.21	5.66	$62,583
Oct 2000	0	11,469	31.23	5.15	$59,014
Sep 2000	0	11,083	31.87	5.19	$57,482
Aug 2000	0	11,371	29.64	4.54	$51,633
Jul 2000	0	11,096	28.53	4.09	$45,380
Jun 2000	0	10,784	29.30	4.40	$47,420
May 2000	0	10,802	27.26	3.68	$39,749
Apr 2000	0	7,532	24.51	3.12	$23,470
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	41	20.98	2.80	$115
Sep 1999	0	0	21.75	2.62	$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.

Mar 2012 — as filed, then multipliedworked

Condensate             0 bbl  × $105.05 =         $0
Gas                  556 Mcf  × $  2.22 =     $1,235

────────────────────────────────────────────────────
Month total                                   $1,235

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. 01/G/174950 is the state's own key, not one this site invented.