EPPS, H. C.

Name: EPPS, H. C. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RELIANCE ENERGY, INC. (P-5 700995) in the HOLMAN RANCH, N (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 65687District 01Field 42298500CondensateGasSave Export

Value, all time

$123 k

Jan 1993 – Apr 2005

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

148

no gaps in the span

Streams

condensate, gas

The HOLMAN RANCH, N (PENN) 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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered

1972-05-27

as the register files it

Field class

Gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: “EFFECTIVE 4/1/95.”

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	20 bbl	$526
Gas	Production	80,691 Mcf	$122,142
Total			$122,668

42,112 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.

Every month this lease reported (148)

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

148 months


Apr 2005	0	0	49.20	7.36	$0
Mar 2005	1	183	50.37	7.15	$1,360
Feb 2005	0	130	45.22	6.31	$821
Jan 2005	0	326	43.16	6.32	$2,061
Dec 2004	0	197	39.86	6.75	$1,330
Nov 2004	0	224	45.28	6.33	$1,418
Oct 2004	0	188	49.70	6.52	$1,225
Sep 2004	0	274	43.24	5.28	$1,448
Aug 2004	0	212	42.37	5.55	$1,177
Jul 2004	0	72	38.28	6.08	$438
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	316	34.47	5.86	$1,851
Mar 2004	0	23	34.36	5.53	$127
Feb 2004	0	75	32.45	5.51	$413
Jan 2004	0	83	32.03	6.30	$523
Dec 2003	0	36	30.26	6.30	$227
Nov 2003	0	33	28.80	4.60	$152
Oct 2003	0	182	28.17	4.76	$866
Sep 2003	0	65	26.31	4.75	$309
Aug 2003	0	182	29.76	5.13	$934
Jul 2003	0	174	29.41	5.17	$900
Jun 2003	0	192	28.56	5.98	$1,149
May 2003	0	127	26.59	5.97	$759
Apr 2003	0	165	26.67	5.41	$892
Mar 2003	0	228	31.14	6.10	$1,390
Feb 2003	1	37	33.48	7.93	$327
Jan 2003	0	50	30.31	5.58	$279
Dec 2002	0	56	26.91	4.85	$272
Nov 2002	0	104	24.66	4.14	$430
Oct 2002	0	269	26.46	4.23	$1,138
Sep 2002	10	211	27.44	3.64	$1,041
Aug 2002	0	266	25.96	3.16	$842
Jul 2002	0	229	24.58	3.06	$701
Jun 2002	0	155	23.73	3.34	$517
May 2002	0	114	24.66	3.58	$409
Apr 2002	0	149	23.65	3.51	$523
Mar 2002	0	72	22.00	3.10	$223
Feb 2002	0	118	18.22	2.38	$280
Jan 2002	3	197	17.17	2.38	$520
Dec 2001	0	193	16.93	2.36	$456
Nov 2001	0	146	18.07	2.41	$351
Oct 2001	0	212	19.78	2.53	$536
Sep 2001	3	124	24.26	2.25	$352
Aug 2001	0	195	24.87	3.05	$595
Jul 2001	0	237	23.93	3.20	$758
Jun 2001	0	255	24.56	3.82	$975
May 2001	0	254	25.52	4.31	$1,094
Apr 2001	0	401	24.68	5.34	$2,139
Mar 2001	0	331	24.54	5.38	$1,780
Feb 2001	0	254	27.75	5.77	$1,465
Jan 2001	0	318	27.47	8.40	$2,671
Dec 2000	0	296	26.88	9.12	$2,700
Nov 2000	0	149	32.21	5.66	$843
Oct 2000	0	202	31.23	5.15	$1,039
Sep 2000	0	471	31.87	5.19	$2,443
Aug 2000	0	531	29.64	4.54	$2,411
Jul 2000	0	606	28.53	4.09	$2,478
Jun 2000	0	515	29.30	4.40	$2,265
May 2000	0	681	27.26	3.68	$2,506
Apr 2000	0	537	24.51	3.12	$1,673
Mar 2000	0	655	28.42	2.86	$1,873
Feb 2000	0	538	27.62	2.73	$1,467
Jan 2000	0	482	25.27	2.48	$1,196
Dec 1999	0	647	24.28	2.42	$1,568
Nov 1999	0	465	23.19	2.43	$1,132
Oct 1999	0	640	20.98	2.80	$1,794
Sep 1999	2	475	21.75	2.62	$1,287
Aug 1999	0	540	19.26	2.88	$1,553
Jul 1999	0	503	17.89	2.37	$1,193
Jun 1999	0	372	15.94	2.36	$879
May 1999	0	490	15.79	2.32	$1,137
Apr 1999	0	478	15.10	2.21	$1,055
Mar 1999	0	552	12.47	1.84	$1,015
Feb 1999	0	683	9.98	1.82	$1,242
Jan 1999	0	736	10.38	1.90	$1,398
Dec 1998	0	645	9.20	1.77	$1,144
Nov 1998	0	707	10.89	2.19	$1,545
Oct 1998	0	650	12.42	1.97	$1,280
Sep 1998	0	648	12.59	2.08	$1,350
Aug 1998	0	686	11.30	1.91	$1,308
Jul 1998	0	702	11.74	2.24	$1,571
Jun 1998	0	690	11.24	2.24	$1,544
May 1998	0	714	12.62	2.21	$1,575
Apr 1998	0	780	13.04	2.51	$1,954
Mar 1998	0	822	12.80	2.31	$1,898
Feb 1998	0	746	13.95	2.30	$1,715
Jan 1998	0	798	14.70	2.15	$1,720
Dec 1997	0	792	16.32	2.41	$1,910
Nov 1997	0	793	18.19	3.09	$2,449
Oct 1997	0	768	19.25	3.15	$2,419
Sep 1997	0	747	17.74	2.95	$2,207
Aug 1997	0	713	17.86	2.55	$1,822
Jul 1997	0	741	17.58	2.25	$1,665
Jun 1997	0	717	17.24	2.26	$1,618
May 1997	0	717	18.97	2.31	$1,655
Apr 1997	0	790	17.88	2.08	$1,645
Mar 1997	0	752	18.95	1.94	$1,458
Feb 1997	0	734	20.49	2.21	$1,619
Jan 1997	0	849	23.48	3.54	$3,005
Dec 1996	0	664	23.32	—	$0
Nov 1996	0	719	21.97	—	$0
Oct 1996	0	638	23.31	—	$0
Sep 1996	0	596	22.22	—	$0
Aug 1996	0	727	20.26	—	$0
Jul 1996	0	817	19.55	—	$0
Jun 1996	0	505	18.73	—	$0
May 1996	0	710	19.43	—	$0
Apr 1996	0	679	21.51	—	$0
Mar 1996	0	630	19.38	—	$0
Feb 1996	0	640	16.98	—	$0
Jan 1996	0	608	17.07	—	$0
Dec 1995	0	941	17.19	—	$0
Nov 1995	0	786	16.00	—	$0
Oct 1995	0	773	15.43	—	$0
Sep 1995	0	797	16.18	—	$0
Aug 1995	0	528	15.92	—	$0
Jul 1995	0	758	15.24	—	$0
Jun 1995	0	690	16.41	—	$0
May 1995	0	738	17.56	—	$0
Apr 1995	0	914	17.73	—	$0
Mar 1995	0	875	16.44	—	$0
Feb 1995	0	836	16.58	—	$0
Jan 1995	0	795	15.92	—	$0
Dec 1994	0	878	15.03	—	$0
Nov 1994	0	804	15.90	—	$0
Oct 1994	0	975	15.58	—	$0
Sep 1994	0	856	15.29	—	$0
Aug 1994	0	873	16.13	—	$0
Jul 1994	0	1,024	17.56	—	$0
Jun 1994	0	926	17.09	—	$0
May 1994	0	849	15.88	—	$0
Apr 1994	0	804	14.14	—	$0
Mar 1994	0	872	12.46	—	$0
Feb 1994	0	642	12.50	—	$0
Jan 1994	0	683	12.66	—	$0
Dec 1993	0	794	12.33	—	$0
Nov 1993	0	995	14.49	—	$0
Oct 1993	0	985	15.85	—	$0
Sep 1993	0	919	15.03	—	$0
Aug 1993	0	924	15.66	—	$0
Jul 1993	0	1,247	15.46	—	$0
Jun 1993	0	1,224	16.79	—	$0
May 1993	0	1,283	17.68	—	$0
Apr 1993	0	1,529	18.05	—	$0
Mar 1993	0	1,640	18.14	—	$0
Feb 1993	0	1,737	17.90	—	$0
Jan 1993	0	1,285	16.93	—	$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 2005 — as filed, then multipliedworked

Condensate             1 bbl  × $ 50.37 =        $50
Gas                  183 Mcf  × $  7.15 =     $1,309

────────────────────────────────────────────────────
Month total                                   $1,360

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/65687 is the state's own key, not one this site invented.