HEARD UNIT

Name: HEARD UNIT lease production and value, Jun 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ETOCO, L.P. (P-5 255133) in the MARSHALL (MIDDLE WILCOX) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214303District 02Field 57719374CondensateGasSave

Value, all time

$26.7 M

Jun 2005 – Mar 2021

Value, last 12 filed months

at the published price for each month

Months reported

190

no gaps in the span

Streams

condensate, gas

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	61,432 bbl	$4,276,994
Gas	Production	3,273,826 Mcf	$22,434,317
Total			$26,711,312

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 28.7803, -97.3899. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.78031, -97.38987 · 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

12,037 ft

1 wells filed one

Completion to plug

15.8 years

median over 1 wells

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 12,037 ft.

Completions filed

Jun 2005

1 of 1 wells

Plug dates filed

Mar 2021

1 of 1 wells

Last completion to plug: a median of 15.8 years across the 1 well that filed both dates, with the middle half between 15.8 years and 15.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17533746	2	12,037 ft	Jun 2005	Mar 2021	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 (190)

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

190 months


Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	177	593	30.34	1.86	$6,471
Feb 2020	0	2,749	49.88	1.98	$5,445
Jan 2020	0	3,153	57.25	2.09	$6,605
Dec 2019	165	3,862	59.01	2.30	$18,636
Nov 2019	0	2,119	55.30	2.75	$5,829
Oct 2019	167	4,927	53.47	2.42	$20,846
Sep 2019	0	4,816	55.05	2.66	$12,797
Aug 2019	0	4,862	53.11	2.30	$11,204
Jul 2019	0	4,885	56.27	2.46	$12,017
Jun 2019	350	4,018	52.78	2.49	$28,483
May 2019	0	4,724	58.48	2.74	$12,945
Apr 2019	0	4,044	62.63	2.75	$11,124
Mar 2019	0	4,744	56.80	3.06	$14,527
Feb 2019	170	4,898	50.85	2.79	$22,321
Jan 2019	340	4,163	46.03	3.23	$29,089
Dec 2018	0	4,078	46.59	4.19	$17,068
Nov 2018	0	3,659	52.93	4.24	$15,504
Oct 2018	0	3,490	61.44	3.40	$11,859
Sep 2018	356	4,400	59.54	3.11	$34,871
Aug 2018	0	4,400	59.40	3.07	$13,493
Jul 2018	0	5,512	65.14	2.93	$16,161
Jun 2018	0	5,404	60.18	3.08	$16,628
May 2018	0	6,026	65.38	2.90	$17,480
Apr 2018	0	6,159	63.84	2.90	$17,866
Mar 2018	354	6,515	61.22	2.79	$39,828
Feb 2018	0	4,649	61.78	2.77	$12,860
Jan 2018	0	2,487	62.87	4.01	$9,971
Dec 2017	0	6,232	57.27	2.92	$18,207
Nov 2017	0	3,463	55.42	3.12	$10,799
Oct 2017	0	4,350	49.29	2.98	$12,979
Sep 2017	0	3,315	47.52	3.09	$10,234
Aug 2017	169	4,891	45.37	3.00	$22,362
Jul 2017	0	6,030	43.87	3.09	$18,616
Jun 2017	0	5,643	42.49	3.09	$17,422
May 2017	174	5,715	45.37	3.26	$26,545
Apr 2017	0	5,861	47.93	3.21	$18,823
Mar 2017	0	4,185	46.77	2.98	$12,487
Feb 2017	176	659	50.45	2.95	$10,825
Jan 2017	0	5,003	49.41	3.42	$17,104
Dec 2016	0	4,311	48.76	3.72	$16,049
Nov 2016	161	7,062	42.49	2.64	$25,515
Oct 2016	0	6,152	46.19	3.09	$19,011
Sep 2016	177	7,407	41.55	3.10	$30,321
Aug 2016	0	6,697	41.44	2.92	$19,584
Jul 2016	180	3,902	41.62	2.92	$18,902
Jun 2016	0	5,347	45.35	2.69	$14,361
May 2016	178	6,783	42.52	1.99	$21,074
Apr 2016	0	5,365	36.56	1.99	$10,682
Mar 2016	0	5,186	33.01	1.79	$9,304
Feb 2016	120	4,029	26.47	2.06	$11,491
Jan 2016	54	6,343	27.35	2.36	$16,474
Dec 2015	132	3,372	32.36	2.00	$11,020
Nov 2015	122	4,810	38.79	2.17	$15,157
Oct 2015	133	7,057	43.55	2.43	$22,917
Sep 2015	136	5,330	42.99	2.76	$20,549
Aug 2015	124	7,080	40.16	2.87	$25,317
Jul 2015	131	7,128	48.15	2.95	$27,300
Jun 2015	124	7,402	56.15	2.88	$28,302
May 2015	130	8,547	55.21	2.96	$32,438
Apr 2015	132	8,237	49.82	2.71	$28,870
Mar 2015	122	7,581	42.89	2.93	$27,481
Feb 2015	259	5,753	44.66	2.98	$28,689
Jan 2015	134	4,754	43.43	3.10	$20,560
Dec 2014	126	7,338	54.69	3.59	$33,244
Nov 2014	130	3,372	70.46	4.25	$23,497
Oct 2014	260	6,113	78.30	3.90	$44,205
Sep 2014	130	5,281	86.16	4.05	$32,565
Aug 2014	131	7,445	89.39	4.04	$41,752
Jul 2014	132	8,043	96.56	4.18	$46,362
Jun 2014	263	8,559	98.16	4.74	$66,359
May 2014	135	9,638	94.73	4.73	$58,343
Apr 2014	401	4,721	95.94	4.81	$61,176
Mar 2014	0	6,921	95.89	5.06	$34,998
Feb 2014	133	4,839	97.40	6.19	$42,917
Jan 2014	140	4,957	90.40	4.86	$36,751
Dec 2013	0	4,889	91.82	4.35	$21,289
Nov 2013	136	5,679	88.85	3.74	$33,313
Oct 2013	418	8,178	97.42	3.78	$71,629
Sep 2013	279	8,469	104.11	3.72	$60,532
Aug 2013	244	5,268	104.25	3.52	$43,994
Jul 2013	191	8,249	102.52	3.72	$50,249
Jun 2013	73	8,659	94.40	3.93	$40,951
May 2013	148	6,845	94.83	4.15	$42,435
Apr 2013	301	5,907	93.96	4.28	$53,579
Mar 2013	0	6,897	93.62	3.91	$26,987
Feb 2013	108	9,239	91.23	3.42	$41,449
Jan 2013	244	5,638	91.60	3.42	$41,632
Dec 2012	120	9,248	86.77	3.42	$42,042
Nov 2012	238	8,388	86.95	3.62	$51,100
Oct 2012	120	6,792	89.38	3.40	$33,816
Sep 2012	120	10,232	94.67	2.92	$41,221
Aug 2012	256	7,661	92.66	2.91	$46,000
Jul 2012	126	8,216	85.13	3.02	$35,545
Jun 2012	123	6,914	79.82	2.52	$27,235
May 2012	244	7,437	91.61	2.49	$40,858
Apr 2012	134	7,580	101.65	2.00	$28,757
Mar 2012	264	6,776	105.05	2.22	$42,790
Feb 2012	133	8,289	101.10	2.57	$34,751
Jan 2012	292	10,561	98.09	2.73	$57,517
Dec 2011	283	8,720	96.87	3.24	$55,665
Nov 2011	141	8,189	95.72	3.31	$40,613
Oct 2011	285	8,932	84.98	3.65	$56,808
Sep 2011	286	5,149	83.62	3.99	$44,438
Aug 2011	280	9,450	83.40	4.15	$62,563
Jul 2011	296	13,198	94.14	4.52	$87,484
Jun 2011	140	13,968	92.90	4.64	$77,816
May 2011	434	12,239	98.13	4.40	$96,499
Apr 2011	267	15,776	105.96	4.33	$96,653
Mar 2011	278	16,556	96.36	4.06	$93,961
Feb 2011	150	7,485	85.64	4.18	$44,133
Jan 2011	455	18,492	86.50	4.59	$124,213
Dec 2010	260	12,569	85.73	4.35	$76,937
Nov 2010	259	14,890	80.84	3.80	$77,450
Oct 2010	384	15,734	78.10	3.51	$85,199
Sep 2010	264	13,596	72.63	3.98	$73,279
Aug 2010	258	18,521	73.68	4.42	$100,860
Jul 2010	386	20,145	72.55	4.74	$123,421
Jun 2010	255	17,191	70.36	4.91	$102,356
May 2010	385	18,845	71.12	4.24	$107,194
Apr 2010	381	23,588	81.69	4.12	$128,370
Mar 2010	385	24,482	78.39	4.39	$137,624
Feb 2010	386	16,165	73.58	5.44	$116,378
Jan 2010	237	17,081	74.36	5.96	$119,496
Dec 2009	171	19,261	71.44	5.48	$117,839
Nov 2009	476	24,630	74.59	3.75	$127,904
Oct 2009	230	21,114	72.54	4.11	$103,468
Sep 2009	104	15,443	65.54	3.06	$54,145
Aug 2009	212	22,590	67.42	3.22	$86,999
Jul 2009	124	23,682	61.13	3.46	$89,626
Jun 2009	459	25,331	66.16	3.90	$129,032
May 2009	502	28,666	54.74	3.93	$140,015
Apr 2009	506	28,825	46.77	3.59	$127,075
Mar 2009	502	29,384	42.14	4.06	$140,424
Feb 2009	655	23,329	32.81	4.63	$129,574
Jan 2009	518	29,649	35.86	5.37	$177,820
Dec 2008	749	35,774	37.10	5.98	$241,614
Nov 2008	627	37,227	55.49	6.86	$290,183
Oct 2008	634	38,431	75.24	6.92	$313,721
Sep 2008	630	37,693	101.76	7.88	$361,020
Aug 2008	746	30,655	114.22	8.48	$345,255
Jul 2008	501	31,368	131.08	11.39	$422,935
Jun 2008	488	28,619	131.33	13.03	$437,070
May 2008	610	32,292	123.17	11.57	$448,891
Apr 2008	642	38,542	110.31	10.45	$473,770
Mar 2008	761	41,916	101.90	9.66	$482,625
Feb 2008	902	42,288	92.53	8.77	$454,352
Jan 2008	516	37,659	90.38	8.21	$355,656
Dec 2007	672	40,635	88.33	7.30	$356,073
Nov 2007	878	41,638	91.67	7.29	$384,098
Oct 2007	804	51,991	82.85	6.92	$426,492
Sep 2007	1,046	52,643	75.84	6.24	$408,040
Aug 2007	695	49,959	69.06	6.39	$367,132
Jul 2007	993	52,536	70.90	6.39	$406,001
Jun 2007	701	51,906	62.00	7.55	$435,272
May 2007	980	48,139	58.74	7.85	$435,277
Apr 2007	1,063	51,486	59.61	7.81	$465,224
Mar 2007	1,037	50,419	56.92	7.30	$427,184
Feb 2007	1,047	48,830	55.10	8.22	$458,877
Jan 2007	1,511	60,530	50.30	6.73	$483,180
Dec 2006	978	46,925	56.65	6.92	$380,052
Nov 2006	964	43,458	54.20	7.62	$383,289
Oct 2006	955	45,614	54.90	6.01	$326,743
Sep 2006	1,590	64,117	60.08	5.04	$418,497
Aug 2006	187	8,553	68.71	7.34	$75,627
Jul 2006	15	4	69.37	6.34	$1,066
Jun 2006	13	475	66.28	6.38	$3,894
May 2006	146	4,751	66.01	6.42	$40,163
Apr 2006	116	3,203	64.39	7.36	$31,045
Mar 2006	406	16,614	56.70	7.08	$140,696
Feb 2006	469	22,767	57.59	7.75	$203,479
Jan 2006	862	43,041	60.59	8.93	$436,728
Dec 2005	1,038	59,234	54.94	13.42	$851,676
Nov 2005	1,424	75,843	54.69	10.59	$880,935
Oct 2005	1,937	120,843	58.34	13.80	$1,780,126
Sep 2005	1,709	100,402	61.45	12.08	$1,317,774
Aug 2005	2,667	151,213	61.51	9.80	$1,645,457
Jul 2005	3,689	206,703	55.69	7.84	$1,826,744
Jun 2005	0	8,469	52.33	7.38	$62,510

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.

Mar 2020 — as filed, then multipliedworked

Condensate           177 bbl  × $ 30.34 =     $5,370
Gas                  593 Mcf  × $  1.86 =     $1,101

────────────────────────────────────────────────────
Month total                                   $6,471

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/214303 is the state's own key, not one this site invented.