HOTZ, VAL GAS UNIT #1

Operated by JTB OIL COMPANY, INC. (P-5 448043) in the THOMASTON (YEGUA 4900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124421District 02Field 89509750CondensateGasSaveExport
Value, all time
$976 k
Jan 1993 – Mar 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
291
no gaps in the span
Streams
2
condensate, 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 12 leases and 13 wells, and the rule below applies to all of them.

Discovered
1969-05-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/97.

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
CondensateDisposition2,002 bbl$89,324
GasProduction312,865 Mcf$887,130
Total$976,453

121,747 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.

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 28.9981, -97.1620. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.99807, -97.16204 · 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
9,220 ft
1 wells filed one
Completion to plug
29.9 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 9,220 ft.

Completions filed
Apr 1987
1 of 1 wells
Plug dates filed
Mar 2017
1 of 1 wells

Last completion to plug: a median of 29.9 years across the 1 well that filed both dates, with the middle half between 29.9 years and 29.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1233144939,220 ftApr 1987Mar 2017Yes

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 (291)

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

291 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 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20151781448.152.95$8,612
Jun 2015055056.152.88$1,586
May 201501,09555.212.96$3,236
Apr 2015048749.822.71$1,318
Mar 2015040142.892.93$1,177
Feb 201505644.662.98$167
Jan 2015038343.433.10$1,188
Dec 2014075754.693.59$2,719
Nov 2014029870.464.25$1,267
Oct 2014052878.303.90$2,060
Sep 2014071186.164.05$2,876
Aug 2014071689.394.04$2,889
Jul 2014072796.564.18$3,039
Jun 2014077098.164.74$3,647
May 2014054094.734.73$2,552
Apr 2014093695.944.81$4,501
Mar 2014061395.895.06$3,100
Feb 2014073297.406.19$4,533
Jan 2014027790.404.86$1,346
Dec 2013047491.824.35$2,064
Nov 2013050688.853.74$1,892
Oct 2013049997.423.78$1,886
Sep 20130762104.113.72$2,833
Aug 20130862104.253.52$3,036
Jul 201301,577102.523.72$5,863
Jun 20130094.403.93$0
May 201301,21094.834.15$5,020
Apr 2013068093.964.28$2,912
Mar 201301,07993.623.91$4,222
Feb 2013050491.233.42$1,724
Jan 2013058991.603.42$2,014
Dec 2012062086.773.42$2,121
Nov 2012079286.953.62$2,871
Oct 2012076189.383.40$2,587
Sep 2012072794.672.92$2,122
Aug 2012075892.662.91$2,204
Jul 201218772485.133.02$18,106
Jun 2012076279.822.52$1,920
May 2012076091.612.49$1,891
Apr 20120981101.652.00$1,959
Mar 20120868105.052.22$1,929
Feb 20120515101.102.57$1,324
Jan 201206498.092.73$175
Dec 2011078196.873.24$2,530
Nov 201104795.723.31$156
Oct 2011050184.983.65$1,828
Sep 2011065683.623.99$2,615
Aug 2011049483.404.15$2,050
Jul 2011079094.144.52$3,569
Jun 2011077892.904.64$3,610
May 2011053398.134.40$2,348
Apr 20110795105.964.33$3,445
Mar 2011072596.364.06$2,942
Feb 2011045085.644.18$1,881
Jan 2011070086.504.59$3,212
Dec 2010046985.734.35$2,039
Nov 2010059280.843.80$2,247
Oct 2010075578.103.51$2,649
Sep 2010068572.633.98$2,726
Aug 2010072273.684.42$3,191
Jul 2010076672.554.74$3,628
Jun 2010081470.364.91$3,997
May 2010081171.124.24$3,435
Apr 2010080581.694.12$3,319
Mar 2010076378.394.39$3,349
Feb 2010073773.585.44$4,011
Jan 2010081074.365.96$4,831
Dec 2009067271.445.48$3,685
Nov 2009078374.593.75$2,937
Oct 2009082372.544.11$3,383
Sep 2009069965.543.06$2,142
Aug 200914574767.423.22$12,180
Jul 2009078361.133.46$2,713
Jun 2009062566.163.90$2,434
May 2009087254.743.93$3,423
Apr 2009079846.773.59$2,863
Mar 2009085942.144.06$3,487
Feb 2009074632.814.63$3,456
Jan 2009088835.865.37$4,769
Dec 2008094537.105.98$5,648
Nov 2008085155.496.86$5,838
Oct 200801,15175.246.92$7,967
Sep 20080889101.767.88$7,003
Aug 200801,121114.228.48$9,509
Jul 20080997131.0811.39$11,355
Jun 200801,087131.3313.03$14,166
May 20081311,094123.1711.57$28,798
Apr 200801,188110.3110.45$12,420
Mar 200801,147101.909.66$11,085
Feb 200801,09492.538.77$9,595
Jan 200801,14290.388.21$9,371
Dec 200701,11288.337.30$8,120
Nov 200701,00491.677.29$7,321
Oct 200701,11882.856.92$7,739
Sep 200701,10675.846.24$6,906
Aug 200716791569.066.39$17,378
Jul 200701,23470.906.39$7,883
Jun 200701,03362.007.55$7,798
May 200701,21258.747.85$9,510
Apr 200701,21259.617.81$9,460
Mar 2007095256.927.30$6,951
Feb 2007051955.108.22$4,264
Jan 200707950.306.73$531
Dec 2006054056.656.92$3,736
Nov 2006083954.207.62$6,391
Oct 2006095554.906.01$5,743
Sep 2006061160.085.04$3,078
Aug 2006081768.717.34$5,997
Jul 2006065269.376.34$4,135
Jun 2006073166.286.38$4,667
May 200601,23466.016.42$7,928
Apr 2006048564.397.36$3,570
Mar 2006072056.707.08$5,100
Feb 2006015057.597.75$1,163
Jan 2006047460.598.93$4,234
Dec 2005080254.9413.42$10,759
Nov 2005087754.6910.59$9,286
Oct 2005084158.3413.80$11,602
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 2005071655.697.84$5,616
Jun 200501,01452.337.38$7,484
May 200512556145.226.65$9,384
Apr 2005079249.207.36$5,830
Mar 2005066450.377.15$4,751
Feb 200508145.226.31$511
Jan 2005087343.166.32$5,519
Dec 2004021939.866.75$1,478
Nov 200401,02445.286.33$6,482
Oct 2004097549.706.52$6,352
Sep 2004069843.245.28$3,688
Aug 200401,17942.375.55$6,544
Jul 200401,29238.286.08$7,861
Jun 2004079136.106.43$5,089
May 200401,35037.486.49$8,768
Apr 200401,30034.475.86$7,616
Mar 200401,14034.365.53$6,304
Feb 20040032.455.51$0
Jan 2004064832.036.30$4,082
Dec 2003044030.266.30$2,773
Nov 200301,31228.804.60$6,029
Oct 2003036928.174.76$1,756
Sep 2003081926.314.75$3,890
Aug 2003095829.765.13$4,914
Jul 200301,35329.415.17$6,996
Jun 2003076428.565.98$4,571
May 200301,12626.595.97$6,725
Apr 2003081426.675.41$4,402
Mar 200301,19231.146.10$7,266
Feb 200315260433.487.93$9,876
Jan 2003071630.315.58$3,997
Dec 2002080726.914.85$3,917
Nov 2002081924.664.14$3,388
Oct 2002094426.464.23$3,992
Sep 2002031027.443.64$1,127
Aug 2002078225.963.16$2,474
Jul 2002075924.583.06$2,324
Jun 200201,11223.733.34$3,712
May 200201,08724.663.58$3,896
Apr 200201,09823.653.51$3,857
Mar 2002097222.003.10$3,016
Feb 2002098918.222.38$2,350
Jan 200201,22917.172.38$2,920
Dec 200101,00016.932.36$2,364
Nov 200101,21318.072.41$2,918
Oct 2001097519.782.53$2,466
Sep 2001034024.262.25$765
Aug 200101,05124.873.05$3,209
Jul 200101,11623.933.20$3,568
Jun 200101,07324.563.82$4,103
May 200101,25225.524.31$5,393
Apr 200101,05024.685.34$5,602
Mar 200101,02124.545.38$5,489
Feb 200101,03727.755.77$5,980
Jan 2001086227.478.40$7,240
Dec 2000081326.889.12$7,417
Nov 200001,16332.215.66$6,580
Oct 2000098431.235.15$5,063
Sep 2000091231.875.19$4,730
Aug 200001,25229.644.54$5,685
Jul 20001531,04828.534.09$8,651
Jun 2000093229.304.40$4,098
May 200001,15027.263.68$4,232
Apr 2000096324.513.12$3,001
Mar 2000094428.422.86$2,700
Feb 200001,00227.622.73$2,732
Jan 200001,14825.272.48$2,848
Dec 199901,09424.282.42$2,652
Nov 1999095623.192.43$2,327
Oct 1999092520.982.80$2,593
Sep 1999090221.752.62$2,362
Aug 1999090119.262.88$2,591
Jul 1999098217.892.37$2,330
Jun 1999096915.942.36$2,289
May 1999093215.792.32$2,163
Apr 1999094515.102.21$2,087
Mar 199901,28612.471.84$2,364
Feb 19991031,2169.981.82$3,238
Jan 199901,53910.381.90$2,924
Dec 199801,1629.201.77$2,061
Nov 199801,21810.892.19$2,662
Oct 199801,08812.421.97$2,143
Sep 199801,14612.592.08$2,387
Aug 199801,32611.301.91$2,529
Jul 1998063711.742.24$1,425
Jun 1998092611.242.24$2,072
May 1998094412.622.21$2,083
Apr 199801,21513.042.51$3,044
Mar 199801,26112.802.31$2,912
Feb 1998079413.952.30$1,826
Jan 199801,32314.702.15$2,851
Dec 199701,54816.322.41$3,732
Nov 1997095818.193.09$2,959
Oct 199701,52219.253.15$4,794
Sep 199701,07817.742.95$3,185
Aug 199701,16317.862.55$2,971
Jul 199701,59117.582.25$3,575
Jun 199701,28617.242.26$2,903
May 199701,55718.972.31$3,594
Apr 199701,25317.882.08$2,610
Mar 199701,96718.951.94$3,814
Feb 199701,61220.492.21$3,556
Jan 199701,03423.483.54$3,660
Dec 1996631,61923.32$1,469
Nov 199601,49021.97$0
Oct 199601,75723.31$0
Sep 199601,81122.22$0
Aug 1996121,75220.26$243
Jul 199601,88719.55$0
Jun 199601,75718.73$0
May 199601,83419.43$0
Apr 199602,06921.51$0
Mar 199602,36519.38$0
Feb 1996642,29816.98$1,087
Jan 199622,19917.07$34
Dec 199502,03917.19$0
Nov 199501,73316.00$0
Oct 199502,14415.43$0
Sep 199502,38216.18$0
Aug 199522,41815.92$32
Jul 199502,58815.24$0
Jun 19951492,78216.41$2,445
May 199502,61317.56$0
Apr 199502,44217.73$0
Mar 199501,93516.44$0
Feb 199502,57216.58$0
Jan 1995312,87215.92$494
Dec 1994222,76015.03$331
Nov 1994123,13615.90$191
Oct 1994242,87515.58$374
Sep 1994202,86815.29$306
Aug 199493,31116.13$145
Jul 19941563,16017.56$2,739
Jun 199442,54017.09$68
May 199482,57815.88$127
Apr 199472,52314.14$99
Mar 1994112,99912.46$137
Feb 199462,99712.50$75
Jan 199493,41412.66$114
Dec 199393,07212.33$111
Nov 199343,00714.49$58
Oct 1993132,85915.85$206
Sep 199383,03615.03$120
Aug 199363,34515.66$94
Jul 199393,07415.46$139
Jun 199302,88516.79$0
May 199303,04517.68$0
Apr 199303,03918.05$0
Mar 199302,85218.14$0
Feb 199302,13617.90$0
Jan 199312,87816.93$17

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.

Jul 2015 — as filed, then multipliedworked
Condensate           178 bbl  × $ 48.15 =     $8,571
Gas                   14 Mcf  × $  2.95 =        $41

────────────────────────────────────────────────────
Month total                                   $8,612

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. 02/G/124421 is the state's own key, not one this site invented.