BESSIE HACKNEY UNIT

Operated by FINLEY RESOURCES, INC. (P-5 268602) in the SPEARY (ROEDER 8800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 214876District 02Field 85043400CondensateGasSaveExport
Value, all time
$192 k
Jun 2005 – Nov 2007
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
30
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1981-03-06
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 8-1-81 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
CondensateDisposition766 bbl$48,562
GasProduction18,314 Mcf$143,617
Total$192,179

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 28.8654, -97.7030. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.86543, -97.70295 · 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
0.0%
0 of 1 wells
Median depth
9,680 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 9,680 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-2553119719,680 ftNov 2007Yes

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 (30)

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

30 months

Nov 200737091.677.29$3,392
Oct 20070082.856.92$0
Sep 20071843775.846.24$14,186
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007010558.747.85$824
Apr 200708159.617.81$632
Mar 20070056.927.30$0
Feb 200717018355.108.22$10,871
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060654.207.62$46
Oct 2006171854.906.01$9,436
Sep 200602,01860.085.04$10,165
Aug 200601,39868.717.34$10,261
Jul 2006057069.376.34$3,615
Jun 2006028166.286.38$1,794
May 200602,11566.016.42$13,589
Apr 2006051764.397.36$3,805
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 200501,09961.4512.08$13,275
Aug 20051893,17861.519.80$42,760
Jul 2005156,71855.697.84$53,529
Jun 20050052.337.38$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.

Nov 2007 — as filed, then multipliedworked
Condensate            37 bbl  × $ 91.67 =     $3,392
Gas                    0 Mcf  × $  7.29 =         $0

────────────────────────────────────────────────────
Month total                                   $3,392

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/214876 is the state's own key, not one this site invented.