HEARD, F. V. W. "B"

Operated by CTR PETROLEUM, INC. (P-5 191850) in the REFUGIO-FOX (5900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 197816District 02Field 75612719GasSaveExport
Value, all time
$936 k
Jun 2003 – May 2007
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
48
no gaps in the span
Streams
1
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
not filed
Field class
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: ALLOCATION FORMULA EFF. 120181 PER AMENDMENT TO SWR 28 & 29

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
GasProduction138,574 Mcf$936,060
Total$936,060

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 28.3020, -97.2949. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30204, -97.29487 · 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
6,812 ft
1 wells filed one
Completion to plug
23 months
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 6,812 ft.

Completions filed
May 2007
1 of 1 wells
Plug dates filed
Apr 2009
1 of 1 wells

Last completion to plug: a median of 23 months across the 1 well that filed both dates, with the middle half between 23 months and 23 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39131440226,812 ftMay 2007Apr 2009Yes

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 (48)

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

48 months

May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 20076650.306.73$444
Dec 200635056.656.92$2,421
Nov 200661854.207.62$4,708
Oct 200685254.906.01$5,124
Sep 20061,19560.085.04$6,019
Aug 20061,31368.717.34$9,637
Jul 20061,17669.376.34$7,459
Jun 20061,19666.286.38$7,635
May 20061,93166.016.42$12,407
Apr 20062,13264.397.36$15,693
Mar 20062,44356.707.08$17,304
Feb 20062,55657.597.75$19,812
Jan 20062,58760.598.93$23,111
Dec 20052,68554.9413.42$36,020
Nov 20052,96954.6910.59$31,437
Oct 20052,82058.3413.80$38,904
Sep 200540761.4512.08$4,916
Aug 20053,48261.519.80$34,113
Jul 20053,80955.697.84$29,876
Jun 20053,73552.337.38$27,568
May 20054,11145.226.65$27,343
Apr 20054,69349.207.36$34,543
Mar 20054,24050.377.15$30,337
Feb 20054,21045.226.31$26,573
Jan 20055,02643.166.32$31,775
Dec 20044,32039.866.75$29,165
Nov 20045,07045.286.33$32,095
Oct 20044,36049.706.52$28,406
Sep 20044,16843.245.28$22,023
Aug 20044,24442.375.55$23,557
Jul 20044,17938.286.08$25,426
Jun 20043,99436.106.43$25,693
May 20045,06037.486.49$32,863
Apr 20044,13434.475.86$24,219
Mar 20044,70834.365.53$26,036
Feb 20044,94432.455.51$27,240
Jan 20045,60332.036.30$35,297
Dec 20034,06830.266.30$25,635
Nov 20034,25028.804.60$19,529
Oct 20034,77128.174.76$22,708
Sep 20032,47026.314.75$11,731
Aug 20034,60729.765.13$23,633
Jul 20033,02229.415.17$15,626
Jun 2003028.565.98$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.

Jan 2007 — as filed, then multipliedworked
Gas                   66 Mcf  × $  6.73 =       $444

────────────────────────────────────────────────────
Month total                                     $444

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/197816 is the state's own key, not one this site invented.