HEARD, C. E. "B"

Operated by PROTON ENERGY, L.L.C. (P-5 681505) in the HEARD RANCH (4000) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 155046District 02Field 40032660CondensateGasSaveExport
Value, all time
$713 k
Sep 1994 – Dec 2004
Value, last 12 filed months
$631
at the published price for each month
Months reported
116
8 months not filed
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1962-04-25
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-06-26.

The Commission's schedule remark for this field reads: BLANKET RULE 10 EXCEPTION.

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
CondensateDisposition62 bbl$1,313
GasProduction655,357 Mcf$711,392
Total$712,706

354,505 Mcf of this lease's gas, across 28 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 28.3220, -97.5722. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.32200, -97.57221 · 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
8,997 ft
1 wells filed one
Completion to plug
18.9 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 8,997 ft.

Completions filed
Mar 2004
1 of 1 wells
Plug dates filed
Feb 2023
1 of 1 wells

Last completion to plug: a median of 18.9 years across the 1 well that filed both dates, with the middle half between 18.9 years and 18.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-02532644188,997 ftMar 2004Feb 2023Yes

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 (116)

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

116 months

Dec 20040039.866.75$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 200324026.314.75$631
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999024523.192.43$596
Oct 1999049020.982.80$1,374
Sep 1999071121.752.62$1,862
Aug 199901,22819.262.88$3,531
Jul 199903,18317.892.37$7,551
Jun 199905,02115.942.36$11,860
May 199903,46515.792.32$8,042
Apr 199903,18815.102.21$7,039
Mar 199905,03612.471.84$9,258
Feb 199904,0649.981.82$7,388
Jan 199905,23310.381.90$9,942
Dec 199806,2589.201.77$11,097
Nov 199806,47010.892.19$14,142
Oct 199807,11912.421.97$14,019
Sep 199807,88612.592.08$16,424
Aug 199848,45311.301.91$16,168
Jul 199809,37711.742.24$20,979
Jun 199809,31011.242.24$20,829
May 199809,65412.622.21$21,300
Apr 199809,12113.042.51$22,851
Mar 1998010,11512.802.31$23,360
Feb 199808,88513.952.30$20,428
Jan 1998011,20314.702.15$24,140
Dec 1997011,19016.322.41$26,980
Nov 1997010,24118.193.09$31,627
Oct 199709,28219.253.15$29,237
Sep 1997015,11317.742.95$44,657
Aug 1997016,00517.862.55$40,889
Jul 1997015,30217.582.25$34,383
Jun 1997015,12517.242.26$34,140
May 1997015,18318.972.31$35,050
Apr 1997014,72117.882.08$30,661
Mar 1997015,36118.951.94$29,787
Feb 1997013,41920.492.21$29,601
Jan 1997014,19523.483.54$50,246
Dec 1996015,19623.32$0
Nov 1996015,29921.97$0
Oct 1996016,26523.31$0
Sep 1996014,62422.22$0
Aug 1996016,04620.26$0
Jul 1996016,37319.55$0
Jun 19963414,93218.73$637
May 1996015,71519.43$0
Apr 1996014,91621.51$0
Mar 1996016,87819.38$0
Feb 1996013,47916.98$0
Jan 1996013,38517.07$0
Dec 199509,84617.19$0
Nov 199503,78016.00$0
Oct 199509,85915.43$0
Sep 1995010,35316.18$0
Aug 1995013,02515.92$0
Jul 1995010,66015.24$0
Jun 199509,18916.41$0
May 1995011,99617.56$0
Apr 199508,30817.73$0
Mar 1995010,65816.44$0
Feb 1995011,24716.58$0
Jan 1995010,31615.92$0
Dec 1994022,50115.03$0
Nov 1994010,84715.90$0
Oct 1994011,17515.58$0
Sep 199407,63715.29$0

Not filed, and not zero: Apr 2004 – Nov 2004 (8 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Sep 2003 — as filed, then multipliedworked
Condensate            24 bbl  × $ 26.31 =       $631
Gas                    0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                     $631

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/155046 is the state's own key, not one this site invented.