PEGGY HEINEN A

Operated by HUNT OIL COMPANY (P-5 416330) in the HOLLOWAY, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18160District 01Field 42249200Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$500 k
Oct 2014 – Mar 2017
Value, last 12 filed months
$54
at the published price for each month
Months reported
30
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 8 leases and 11 wells, and the rule below applies to all of them.

Discovered
1976-12-19
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

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.

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
OilDisposition8,098 bbl$489,156
Casinghead gasProduction3,124 Mcf$11,283
Total$500,439

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 28.9812, -98.3483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.98122, -98.34830 · 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
7,029 ft
1 wells filed one
Completion to plug
2.2 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 7,029 ft.

Completions filed
Oct 2014
1 of 1 wells
Plug dates filed
Dec 2016
1 of 1 wells

Last completion to plug: a median of 2.2 years across the 1 well that filed both dates, with the middle half between 2.2 years and 2.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-013347951H7,029 ftOct 2014Dec 2016Yes

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 (30)

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

30 months

Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20161936.561.99$54
Mar 20160033.011.79$0
Feb 2016188526.472.06$4,987
Jan 20160027.352.36$0
Dec 201501732.362.00$34
Nov 20150038.792.17$0
Oct 20150443.552.43$10
Sep 20151834742.992.76$7,997
Aug 201503340.162.87$95
Jul 20151835248.152.95$8,965
Jun 20151784656.152.88$10,127
May 20151844855.212.96$10,301
Apr 20151858749.822.71$9,452
Mar 201536714442.892.93$16,163
Feb 201537019044.662.98$17,090
Jan 201594624743.433.10$41,851
Dec 20141,62360754.693.59$90,942
Nov 20141,65155470.464.25$118,685
Oct 20142,0391,03478.303.90$163,687

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.

Apr 2016 — as filed, then multipliedworked
Oil                    1 bbl  × $ 36.56 =        $37
Casinghead gas         9 Mcf  × $  1.99 =        $18

────────────────────────────────────────────────────
Month total                                      $54

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/O/18160 is the state's own key, not one this site invented.