HEARD, C. E. "B"

Name: HEARD, C. E. "B" lease production and value, Jan 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MILAGRO EXPLORATION, LLC (P-5 566789) in the HEARD RANCH (3650) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 166892District 02Field 40032462CondensateGasSave Export

Value, all time

$9.3 M

Jan 1998 – Jul 2014

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

199

no gaps in the span

Streams

condensate, gas

The HEARD RANCH (3650) 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 18 leases and 18 wells, and the rule below applies to all of them.

Discovered

1964-12-12

as the register files it

Field class

Gas

the register's own label

Between wells

0 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.

Stream	Basis	Volume	Value
Condensate	Disposition	321 bbl	$22,351
Gas	Production	1,702,552 Mcf	$9,279,692
Total			$9,302,043

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 28.3128, -97.5760. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.31279, -97.57605 · 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

4,904 ft

1 wells filed one

Completion to plug

13.3 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 4,904 ft.

Completions filed

Mar 2001

1 of 1 wells

Plug dates filed

Jul 2014

1 of 1 wells

Last completion to plug: a median of 13.3 years across the 1 well that filed both dates, with the middle half between 13.3 years and 13.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-02530050	13	4,904 ft	Mar 2001	Jul 2014	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 (199)

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

199 months


Jul 2014	0	8	96.56	4.18	$33
Jun 2014	0	100	98.16	4.74	$474
May 2014	0	90	94.73	4.73	$425
Apr 2014	0	81	95.94	4.81	$390
Mar 2014	0	75	95.89	5.06	$379
Feb 2014	0	44	97.40	6.19	$272
Jan 2014	0	68	90.40	4.86	$331
Dec 2013	0	62	91.82	4.35	$270
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	8	97.42	3.78	$30
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	3	94.67	2.92	$9
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	15	91.61	2.49	$37
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	3	101.10	2.57	$8
Jan 2012	0	44	98.09	2.73	$120
Dec 2011	0	3	96.87	3.24	$10
Nov 2011	0	1	95.72	3.31	$3
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	6	92.90	4.64	$28
May 2011	0	27	98.13	4.40	$119
Apr 2011	0	4	105.96	4.33	$17
Mar 2011	0	29	96.36	4.06	$118
Feb 2011	0	35	85.64	4.18	$146
Jan 2011	0	48	86.50	4.59	$220
Dec 2010	0	13	85.73	4.35	$57
Nov 2010	0	51	80.84	3.80	$194
Oct 2010	0	88	78.10	3.51	$309
Sep 2010	1	73	72.63	3.98	$363
Aug 2010	0	93	73.68	4.42	$411
Jul 2010	0	69	72.55	4.74	$327
Jun 2010	0	74	70.36	4.91	$363
May 2010	0	200	71.12	4.24	$847
Apr 2010	1	144	81.69	4.12	$675
Mar 2010	0	207	78.39	4.39	$908
Feb 2010	1	111	73.58	5.44	$678
Jan 2010	1	241	74.36	5.96	$1,512
Dec 2009	0	123	71.44	5.48	$675
Nov 2009	0	323	74.59	3.75	$1,212
Oct 2009	1	297	72.54	4.11	$1,293
Sep 2009	0	272	65.54	3.06	$834
Aug 2009	1	96	67.42	3.22	$376
Jul 2009	0	172	61.13	3.46	$596
Jun 2009	0	301	66.16	3.90	$1,172
May 2009	1	450	54.74	3.93	$1,821
Apr 2009	1	573	46.77	3.59	$2,102
Mar 2009	0	770	42.14	4.06	$3,125
Feb 2009	0	734	32.81	4.63	$3,401
Jan 2009	1	1,227	35.86	5.37	$6,626
Dec 2008	1	1,499	37.10	5.98	$8,997
Nov 2008	2	1,616	55.49	6.86	$11,197
Oct 2008	0	2,144	75.24	6.92	$14,841
Sep 2008	2	2,925	101.76	7.88	$23,244
Aug 2008	3	3,789	114.22	8.48	$32,485
Jul 2008	3	4,669	131.08	11.39	$53,570
Jun 2008	13	5,686	131.33	13.03	$75,811
May 2008	4	8,387	123.17	11.57	$97,566
Apr 2008	5	9,195	110.31	10.45	$96,684
Mar 2008	10	10,386	101.90	9.66	$101,390
Feb 2008	15	11,887	92.53	8.77	$105,644
Jan 2008	12	15,398	90.38	8.21	$127,436
Dec 2007	33	17,950	88.33	7.30	$133,985
Nov 2007	20	18,180	91.67	7.29	$134,397
Oct 2007	8	20,576	82.85	6.92	$143,089
Sep 2007	15	17,692	75.84	6.24	$111,609
Aug 2007	8	15,300	69.06	6.39	$98,288
Jul 2007	8	10,812	70.90	6.39	$69,634
Jun 2007	10	14,101	62.00	7.55	$107,061
May 2007	15	11,466	58.74	7.85	$90,847
Apr 2007	0	11,707	59.61	7.81	$91,375
Mar 2007	9	9,539	56.92	7.30	$70,166
Feb 2007	0	8,731	55.10	8.22	$71,734
Jan 2007	6	9,384	50.30	6.73	$63,427
Dec 2006	0	9,114	56.65	6.92	$63,055
Nov 2006	0	8,978	54.20	7.62	$68,390
Oct 2006	11	8,668	54.90	6.01	$52,732
Sep 2006	0	9,677	60.08	5.04	$48,745
Aug 2006	0	11,441	68.71	7.34	$83,976
Jul 2006	29	10,351	69.37	6.34	$67,666
Jun 2006	0	13,624	66.28	6.38	$86,974
May 2006	0	12,701	66.01	6.42	$81,604
Apr 2006	0	14,113	64.39	7.36	$103,878
Mar 2006	0	14,389	56.70	7.08	$101,916
Feb 2006	0	12,935	57.59	7.75	$100,261
Jan 2006	0	13,124	60.59	8.93	$117,241
Dec 2005	0	14,086	54.94	13.42	$188,969
Nov 2005	0	14,128	54.69	10.59	$149,593
Oct 2005	0	12,776	58.34	13.80	$176,255
Sep 2005	0	15,007	61.45	12.08	$181,270
Aug 2005	0	15,052	61.51	9.80	$147,462
Jul 2005	0	15,366	55.69	7.84	$120,525
Jun 2005	0	15,055	52.33	7.38	$111,122
May 2005	0	13,168	45.22	6.65	$87,582
Apr 2005	0	14,483	49.20	7.36	$106,602
Mar 2005	0	14,599	50.37	7.15	$104,454
Feb 2005	0	12,835	45.22	6.31	$81,013
Jan 2005	0	15,812	43.16	6.32	$99,967
Dec 2004	0	15,830	39.86	6.75	$106,870
Nov 2004	0	15,527	45.28	6.33	$98,292
Oct 2004	0	16,062	49.70	6.52	$104,646
Sep 2004	0	16,159	43.24	5.28	$85,383
Aug 2004	0	15,689	42.37	5.55	$87,084
Jul 2004	0	15,720	38.28	6.08	$95,643
Jun 2004	0	15,606	36.10	6.43	$100,394
May 2004	0	16,393	37.48	6.49	$106,466
Apr 2004	0	17,298	34.47	5.86	$101,340
Mar 2004	0	18,278	34.36	5.53	$101,080
Feb 2004	0	16,740	32.45	5.51	$92,231
Jan 2004	0	17,298	32.03	6.30	$108,971
Dec 2003	0	17,718	30.26	6.30	$111,652
Nov 2003	0	16,058	28.80	4.60	$73,789
Oct 2003	0	17,023	28.17	4.76	$81,023
Sep 2003	70	16,171	26.31	4.75	$78,644
Aug 2003	0	17,126	29.76	5.13	$87,852
Jul 2003	0	17,080	29.41	5.17	$88,318
Jun 2003	0	17,541	28.56	5.98	$104,947
May 2003	0	17,626	26.59	5.97	$105,274
Apr 2003	0	18,360	26.67	5.41	$99,278
Mar 2003	0	19,177	31.14	6.10	$116,904
Feb 2003	0	15,034	33.48	7.93	$119,158
Jan 2003	0	18,605	30.31	5.58	$103,854
Dec 2002	0	18,073	26.91	4.85	$87,722
Nov 2002	0	16,809	24.66	4.14	$69,538
Oct 2002	0	19,099	26.46	4.23	$80,772
Sep 2002	0	18,600	27.44	3.64	$67,615
Aug 2002	0	18,984	25.96	3.16	$60,068
Jul 2002	0	20,961	24.58	3.06	$64,178
Jun 2002	0	19,678	23.73	3.34	$65,690
May 2002	0	20,926	24.66	3.58	$74,999
Apr 2002	0	20,457	23.65	3.51	$71,852
Mar 2002	0	20,970	22.00	3.10	$65,064
Feb 2002	0	19,300	18.22	2.38	$45,851
Jan 2002	0	21,353	17.17	2.38	$50,728
Dec 2001	0	21,545	16.93	2.36	$50,941
Nov 2001	0	19,892	18.07	2.41	$47,851
Oct 2001	0	19,500	19.78	2.53	$49,313
Sep 2001	0	19,335	24.26	2.25	$43,529
Aug 2001	0	18,480	24.87	3.05	$56,422
Jul 2001	0	17,857	23.93	3.20	$57,090
Jun 2001	0	12,401	24.56	3.82	$47,423
May 2001	0	12,136	25.52	4.31	$52,274
Apr 2001	0	11,172	24.68	5.34	$59,606
Mar 2001	0	8,753	24.54	5.38	$47,060
Feb 2001	0	8,281	27.75	5.77	$47,757
Jan 2001	0	8,140	27.47	8.40	$68,366
Dec 2000	0	10,464	26.88	9.12	$95,458
Nov 2000	0	9,775	32.21	5.66	$55,307
Oct 2000	0	11,126	31.23	5.15	$57,249
Sep 2000	0	11,056	31.87	5.19	$57,342
Aug 2000	0	11,687	29.64	4.54	$53,068
Jul 2000	0	11,310	28.53	4.09	$46,255
Jun 2000	0	10,772	29.30	4.40	$47,367
May 2000	0	12,005	27.26	3.68	$44,175
Apr 2000	0	11,337	24.51	3.12	$35,326
Mar 2000	0	11,270	28.42	2.86	$32,229
Feb 2000	0	10,842	27.62	2.73	$29,561
Jan 2000	0	10,233	25.27	2.48	$25,383
Dec 1999	0	11,284	24.28	2.42	$27,349
Nov 1999	0	11,314	23.19	2.43	$27,538
Oct 1999	0	11,097	20.98	2.80	$31,113
Sep 1999	0	7,639	21.75	2.62	$20,005
Aug 1999	0	7,194	19.26	2.88	$20,687
Jul 1999	0	7,588	17.89	2.37	$18,002
Jun 1999	0	7,646	15.94	2.36	$18,061
May 1999	0	6,931	15.79	2.32	$16,087
Apr 1999	0	7,772	15.10	2.21	$17,161
Mar 1999	0	7,653	12.47	1.84	$14,069
Feb 1999	0	6,372	9.98	1.82	$11,583
Jan 1999	0	8,137	10.38	1.90	$15,460
Dec 1998	0	7,676	9.20	1.77	$13,612
Nov 1998	0	7,942	10.89	2.19	$17,359
Oct 1998	0	8,422	12.42	1.97	$16,585
Sep 1998	0	7,516	12.59	2.08	$15,653
Aug 1998	0	7,908	11.30	1.91	$15,083
Jul 1998	0	7,982	11.74	2.24	$17,858
Jun 1998	0	7,637	11.24	2.24	$17,086
May 1998	0	8,089	12.62	2.21	$17,847
Apr 1998	0	7,078	13.04	2.51	$17,733
Mar 1998	0	7,474	12.80	2.31	$17,261
Feb 1998	0	7,614	13.95	2.30	$17,506
Jan 1998	0	5,932	14.70	2.15	$12,782

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 2014 — as filed, then multipliedworked

Condensate             0 bbl  × $ 96.56 =         $0
Gas                    8 Mcf  × $  4.18 =        $33

────────────────────────────────────────────────────
Month total                                      $33

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/166892 is the state's own key, not one this site invented.