HOSKINS FEE

Operated by OCEAN ENERGY, INC. (P-5 617549) in the HOSKINS FEE (REAGAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 168239District 02Field 42782370CondensateGasSaveExport
Value, all time
$129 k
Jan 1998 – Dec 2002
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
60
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1998-01-27
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition566 bbl$10,238
GasProduction37,972 Mcf$119,200
Total$129,439

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 28.2135, -98.2851. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.21351, -98.28507 · 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
13,110 ft
1 wells filed one
Completion to plug
4.6 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 13,110 ft.

Completions filed
Jan 1998
1 of 1 wells
Plug dates filed
Aug 2002
1 of 1 wells

Last completion to plug: a median of 4.6 years across the 1 well that filed both dates, with the middle half between 4.6 years and 4.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29734222113,110 ftJan 1998Aug 2002Yes

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 (60)

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

60 months

Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 200252027.443.64$1,427
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 200201122.003.10$34
Feb 200205518.222.38$131
Jan 2002023217.172.38$551
Dec 2001021716.932.36$513
Nov 2001027318.072.41$657
Oct 2001025819.782.53$652
Sep 2001030224.262.25$680
Aug 2001019124.873.05$583
Jul 200101,02023.933.20$3,261
Jun 2001081424.563.82$3,113
May 200101,02325.524.31$4,406
Apr 200101,08424.685.34$5,783
Mar 2001072524.545.38$3,898
Feb 2001064527.755.77$3,720
Jan 2001061527.478.40$5,165
Dec 200017567326.889.12$10,843
Nov 2000096032.215.66$5,432
Oct 200001,44531.235.15$7,435
Sep 2000050431.875.19$2,614
Aug 2000039529.644.54$1,794
Jul 2000070728.534.09$2,891
Jun 2000022129.304.40$972
May 2000060527.263.68$2,226
Apr 2000081324.513.12$2,533
Mar 2000025528.422.86$729
Feb 2000014227.622.73$387
Jan 2000062725.272.48$1,555
Dec 1999039624.282.42$960
Nov 1999043123.192.43$1,049
Oct 1999053020.982.80$1,486
Sep 1999073921.752.62$1,935
Aug 1999015719.262.88$451
Jul 1999028717.892.37$681
Jun 1999080315.942.36$1,897
May 1999090515.792.32$2,101
Apr 1999040715.102.21$899
Mar 199917584112.471.84$3,728
Feb 199906399.981.82$1,162
Jan 1999096010.381.90$1,824
Dec 199804429.201.77$784
Nov 1998097310.892.19$2,127
Oct 1998092012.421.97$1,812
Sep 199801,16612.592.08$2,428
Aug 199801,26311.301.91$2,409
Jul 19981641,41711.742.24$5,096
Jun 199801,90011.242.24$4,251
May 199804,41912.622.21$9,750
Apr 199802,07113.042.51$5,189
Mar 19980012.802.31$0
Feb 199801,49413.952.30$3,435
Jan 19980014.702.15$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.

Sep 2002 — as filed, then multipliedworked
Condensate            52 bbl  × $ 27.44 =     $1,427
Gas                    0 Mcf  × $  3.64 =         $0

────────────────────────────────────────────────────
Month total                                   $1,427

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/168239 is the state's own key, not one this site invented.