HOTZ, VAL

Name: HOTZ, VAL lease production and value, Feb 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by JTB OIL COMPANY, INC. (P-5 448043) in the THOMASTON (YEGUA 4800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158280District 02Field 89509700CondensateGasSave Export

Value, all time

$666 k

Feb 1996 – Apr 2017

Value, last 12 filed months

at the published price for each month

Months reported

255

no gaps in the span

Streams

condensate, gas

The THOMASTON (YEGUA 4800) 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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered

1977-04-08

as the register files it

Field class

Oil and 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 Commission's schedule remark for this field reads: “ALLOCATION FORMULA EFFECTIVE 02/01/2012.”

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	287 bbl	$13,394
Gas	Production	184,211 Mcf	$652,197
Total			$665,591

36,626 Mcf of this lease's gas, across 11 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 28.9971, -97.1642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.99707, -97.16423 · 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

9,200 ft

1 wells filed one

Completion to plug

21.2 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 9,200 ft.

Completions filed

Feb 1996

1 of 1 wells

Plug dates filed

Apr 2017

1 of 1 wells

Last completion to plug: a median of 21.2 years across the 1 well that filed both dates, with the middle half between 21.2 years and 21.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-12331427	1	9,200 ft	Feb 1996	Apr 2017	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 (255)

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

255 months


Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	36	0	40.16	2.87	$1,446
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	6	70.46	4.25	$26
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	2	86.16	4.05	$8
Aug 2014	0	2	89.39	4.04	$8
Jul 2014	0	2	96.56	4.18	$8
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	9	95.94	4.81	$43
Mar 2014	0	36	95.89	5.06	$182
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	169	90.40	4.86	$821
Dec 2013	0	25	91.82	4.35	$109
Nov 2013	0	57	88.85	3.74	$213
Oct 2013	0	32	97.42	3.78	$121
Sep 2013	0	704	104.11	3.72	$2,617
Aug 2013	0	1,096	104.25	3.52	$3,861
Jul 2013	0	1,343	102.52	3.72	$4,993
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	808	94.83	4.15	$3,352
Apr 2013	0	1,446	93.96	4.28	$6,193
Mar 2013	0	1,838	93.62	3.91	$7,192
Feb 2013	0	1,788	91.23	3.42	$6,115
Jan 2013	0	427	91.60	3.42	$1,460
Dec 2012	0	6	86.77	3.42	$21
Nov 2012	0	8	86.95	3.62	$29
Oct 2012	0	16	89.38	3.40	$54
Sep 2012	0	7	94.67	2.92	$20
Aug 2012	0	15	92.66	2.91	$44
Jul 2012	0	37	85.13	3.02	$112
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	114	91.61	2.49	$284
Apr 2012	0	73	101.65	2.00	$146
Mar 2012	0	177	105.05	2.22	$393
Feb 2012	0	580	101.10	2.57	$1,491
Jan 2012	0	33	98.09	2.73	$90
Dec 2011	0	1,124	96.87	3.24	$3,641
Nov 2011	0	740	95.72	3.31	$2,450
Oct 2011	0	236	84.98	3.65	$861
Sep 2011	0	368	83.62	3.99	$1,467
Aug 2011	0	535	83.40	4.15	$2,220
Jul 2011	0	759	94.14	4.52	$3,429
Jun 2011	0	1,031	92.90	4.64	$4,784
May 2011	0	1,306	98.13	4.40	$5,753
Apr 2011	0	1,192	105.96	4.33	$5,165
Mar 2011	0	1,000	96.36	4.06	$4,057
Feb 2011	0	113	85.64	4.18	$472
Jan 2011	0	1,243	86.50	4.59	$5,704
Dec 2010	0	765	85.73	4.35	$3,326
Nov 2010	0	817	80.84	3.80	$3,101
Oct 2010	0	1,132	78.10	3.51	$3,972
Sep 2010	0	947	72.63	3.98	$3,769
Aug 2010	0	1,039	73.68	4.42	$4,592
Jul 2010	0	1,103	72.55	4.74	$5,224
Jun 2010	0	1,080	70.36	4.91	$5,303
May 2010	0	1,075	71.12	4.24	$4,553
Apr 2010	0	1,206	81.69	4.12	$4,972
Mar 2010	0	1,097	78.39	4.39	$4,814
Feb 2010	0	900	73.58	5.44	$4,898
Jan 2010	0	989	74.36	5.96	$5,898
Dec 2009	0	1,008	71.44	5.48	$5,528
Nov 2009	0	1,225	74.59	3.75	$4,596
Oct 2009	0	1,343	72.54	4.11	$5,520
Sep 2009	0	1,048	65.54	3.06	$3,212
Aug 2009	0	1,328	67.42	3.22	$4,274
Jul 2009	0	1,224	61.13	3.46	$4,241
Jun 2009	0	900	66.16	3.90	$3,506
May 2009	0	1,254	54.74	3.93	$4,923
Apr 2009	0	1,103	46.77	3.59	$3,957
Mar 2009	0	1,343	42.14	4.06	$5,451
Feb 2009	0	1,217	32.81	4.63	$5,638
Jan 2009	0	1,225	35.86	5.37	$6,579
Dec 2008	0	1,306	37.10	5.98	$7,806
Nov 2008	0	1,580	55.49	6.86	$10,839
Oct 2008	0	2,047	75.24	6.92	$14,169
Sep 2008	0	1,580	101.76	7.88	$12,446
Aug 2008	0	1,908	114.22	8.48	$16,186
Jul 2008	0	1,851	131.08	11.39	$21,082
Jun 2008	0	1,700	131.33	13.03	$22,155
May 2008	45	1,786	123.17	11.57	$26,214
Apr 2008	0	2,022	110.31	10.45	$21,140
Mar 2008	0	2,314	101.90	9.66	$22,363
Feb 2008	0	2,220	92.53	8.77	$19,471
Jan 2008	0	2,664	90.38	8.21	$21,860
Dec 2007	0	2,066	88.33	7.30	$15,086
Nov 2007	0	300	91.67	7.29	$2,188
Oct 2007	0	124	82.85	6.92	$858
Sep 2007	0	137	75.84	6.24	$855
Aug 2007	0	411	69.06	6.39	$2,625
Jul 2007	0	152	70.90	6.39	$971
Jun 2007	0	128	62.00	7.55	$966
May 2007	0	181	58.74	7.85	$1,420
Apr 2007	0	149	59.61	7.81	$1,163
Mar 2007	0	408	56.92	7.30	$2,979
Feb 2007	0	331	55.10	8.22	$2,720
Jan 2007	0	2	50.30	6.73	$13
Dec 2006	0	231	56.65	6.92	$1,598
Nov 2006	0	514	54.20	7.62	$3,915
Oct 2006	0	239	54.90	6.01	$1,437
Sep 2006	0	610	60.08	5.04	$3,073
Aug 2006	0	545	68.71	7.34	$4,000
Jul 2006	0	454	69.37	6.34	$2,880
Jun 2006	0	420	66.28	6.38	$2,681
May 2006	0	607	66.01	6.42	$3,900
Apr 2006	0	525	64.39	7.36	$3,864
Mar 2006	0	355	56.70	7.08	$2,514
Feb 2006	0	87	57.59	7.75	$674
Jan 2006	0	158	60.59	8.93	$1,411
Dec 2005	0	226	54.94	13.42	$3,032
Nov 2005	0	180	54.69	10.59	$1,906
Oct 2005	0	172	58.34	13.80	$2,373
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	126	55.69	7.84	$988
Jun 2005	0	223	52.33	7.38	$1,646
May 2005	36	140	45.22	6.65	$2,559
Apr 2005	0	151	49.20	7.36	$1,111
Mar 2005	0	145	50.37	7.15	$1,037
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	108	43.16	6.32	$683
Dec 2004	0	27	39.86	6.75	$182
Nov 2004	0	134	45.28	6.33	$848
Oct 2004	0	152	49.70	6.52	$990
Sep 2004	0	139	43.24	5.28	$734
Aug 2004	0	153	42.37	5.55	$849
Jul 2004	0	184	38.28	6.08	$1,119
Jun 2004	0	179	36.10	6.43	$1,152
May 2004	0	142	37.48	6.49	$922
Apr 2004	0	201	34.47	5.86	$1,178
Mar 2004	0	239	34.36	5.53	$1,322
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	80	32.03	6.30	$504
Dec 2003	0	56	30.26	6.30	$353
Nov 2003	0	186	28.80	4.60	$855
Oct 2003	0	66	28.17	4.76	$314
Sep 2003	0	79	26.31	4.75	$375
Aug 2003	0	150	29.76	5.13	$769
Jul 2003	0	158	29.41	5.17	$817
Jun 2003	0	93	28.56	5.98	$556
May 2003	0	120	26.59	5.97	$717
Apr 2003	0	183	26.67	5.41	$990
Mar 2003	104	121	31.14	6.10	$3,976
Feb 2003	0	61	33.48	7.93	$483
Jan 2003	0	79	30.31	5.58	$441
Dec 2002	0	89	26.91	4.85	$432
Nov 2002	0	61	24.66	4.14	$252
Oct 2002	0	69	26.46	4.23	$292
Sep 2002	0	12	27.44	3.64	$44
Aug 2002	0	62	25.96	3.16	$196
Jul 2002	0	69	24.58	3.06	$211
Jun 2002	0	97	23.73	3.34	$324
May 2002	0	98	24.66	3.58	$351
Apr 2002	0	98	23.65	3.51	$344
Mar 2002	0	116	22.00	3.10	$360
Feb 2002	0	89	18.22	2.38	$211
Jan 2002	0	95	17.17	2.38	$226
Dec 2001	0	79	16.93	2.36	$187
Nov 2001	0	122	18.07	2.41	$293
Oct 2001	0	105	19.78	2.53	$266
Sep 2001	0	27	24.26	2.25	$61
Aug 2001	0	70	24.87	3.05	$214
Jul 2001	0	63	23.93	3.20	$201
Jun 2001	0	93	24.56	3.82	$356
May 2001	0	108	25.52	4.31	$465
Apr 2001	0	91	24.68	5.34	$486
Mar 2001	0	78	24.54	5.38	$419
Feb 2001	0	91	27.75	5.77	$525
Jan 2001	0	86	27.47	8.40	$722
Dec 2000	0	90	26.88	9.12	$821
Nov 2000	0	115	32.21	5.66	$651
Oct 2000	0	174	31.23	5.15	$895
Sep 2000	0	114	31.87	5.19	$591
Aug 2000	0	149	29.64	4.54	$677
Jul 2000	0	199	28.53	4.09	$814
Jun 2000	0	139	29.30	4.40	$611
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	564	24.51	3.12	$1,757
Mar 2000	0	1,302	28.42	2.86	$3,723
Feb 2000	0	1,503	27.62	2.73	$4,098
Jan 2000	0	1,404	25.27	2.48	$3,483
Dec 1999	0	1,390	24.28	2.42	$3,369
Nov 1999	0	1,433	23.19	2.43	$3,488
Oct 1999	0	183	20.98	2.80	$513
Sep 1999	0	1,195	21.75	2.62	$3,130
Aug 1999	0	1,249	19.26	2.88	$3,592
Jul 1999	0	1,250	17.89	2.37	$2,965
Jun 1999	0	825	15.94	2.36	$1,949
May 1999	0	1,340	15.79	2.32	$3,110
Apr 1999	0	1,108	15.10	2.21	$2,447
Mar 1999	0	1,286	12.47	1.84	$2,364
Feb 1999	0	1,217	9.98	1.82	$2,212
Jan 1999	0	1,601	10.38	1.90	$3,042
Dec 1998	0	1,541	9.20	1.77	$2,733
Nov 1998	0	1,615	10.89	2.19	$3,530
Oct 1998	0	1,574	12.42	1.97	$3,100
Sep 1998	0	1,756	12.59	2.08	$3,657
Aug 1998	0	1,987	11.30	1.91	$3,790
Jul 1998	0	956	11.74	2.24	$2,139
Jun 1998	0	1,389	11.24	2.24	$3,108
May 1998	0	2,006	12.62	2.21	$4,426
Apr 1998	0	1,548	13.04	2.51	$3,878
Mar 1998	0	1,740	12.80	2.31	$4,018
Feb 1998	0	1,974	13.95	2.30	$4,538
Jan 1998	0	2,054	14.70	2.15	$4,426
Dec 1997	0	2,051	16.32	2.41	$4,945
Nov 1997	0	1,989	18.19	3.09	$6,143
Oct 1997	0	1,936	19.25	3.15	$6,098
Sep 1997	0	1,634	17.74	2.95	$4,828
Aug 1997	0	2,259	17.86	2.55	$5,771
Jul 1997	0	1,870	17.58	2.25	$4,202
Jun 1997	0	1,636	17.24	2.26	$3,693
May 1997	0	1,729	18.97	2.31	$3,991
Apr 1997	0	1,969	17.88	2.08	$4,101
Mar 1997	0	2,799	18.95	1.94	$5,428
Feb 1997	0	2,339	20.49	2.21	$5,160
Jan 1997	0	0	23.48	3.54	$0
Dec 1996	66	2,295	23.32	—	$1,539
Nov 1996	0	2,537	21.97	—	$0
Oct 1996	0	2,527	23.31	—	$0
Sep 1996	0	2,688	22.22	—	$0
Aug 1996	0	2,741	20.26	—	$0
Jul 1996	0	3,775	19.55	—	$0
Jun 1996	0	3,518	18.73	—	$0
May 1996	0	3,656	19.43	—	$0
Apr 1996	0	4,142	21.51	—	$0
Mar 1996	0	6,082	19.38	—	$0
Feb 1996	0	2,665	16.98	—	$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.

Aug 2015 — as filed, then multipliedworked

Condensate            36 bbl  × $ 40.16 =     $1,446
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                   $1,446

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/158280 is the state's own key, not one this site invented.