HOMER

Operated by HILCORP ENERGY COMPANY (P-5 386310) 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 215080District 02Field 577193742 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Mar 2005 – May 2016
Value, last 12 filed months
$297
at the published price for each month
Months reported
135
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 81 leases and 81 wells, and the rule below applies to all of them.

Discovered
2001-06-16
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2002-01-15.

The Commission's schedule remark for this field reads: MARSHALL (MIDDLE WILCOX) FIELD.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-12-19164178
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition23,963 bbl$1,460,018
GasProduction1,137,740 Mcf$8,865,727
Total$10,325,745

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 28.7757, -97.3034. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.77570, -97.30344 · 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
14,486 ft
1 wells filed one
Completion to plug
11.0 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 14,486 ft.

Completions filed
Mar 2005
1 of 1 wells
Plug dates filed
Mar 2016
1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17533698214,486 ftMar 2005Mar 2016Yes

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 (135)

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

135 months

May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20169033.011.79$297
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140186.164.05$4
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20131401294.403.93$13,263
May 2013051494.834.15$2,133
Apr 2013081393.964.28$3,482
Mar 201301,22993.623.91$4,809
Feb 2013047391.233.42$1,618
Jan 2013054491.603.42$1,860
Dec 2012047086.773.42$1,607
Nov 2012049486.953.62$1,791
Oct 2012044489.383.40$1,509
Sep 2012070194.672.92$2,046
Aug 2012247992.662.91$1,578
Jul 2012088685.133.02$2,676
Jun 2012071779.822.52$1,806
May 201201,05691.612.49$2,628
Apr 20120685101.652.00$1,368
Mar 20121971,354105.052.22$23,704
Feb 201201,410101.102.57$3,624
Jan 2012044098.092.73$1,203
Dec 2011085496.873.24$2,767
Nov 201101,01495.723.31$3,358
Oct 201101,54484.983.65$5,633
Sep 201101,33983.623.99$5,337
Aug 201101,35983.404.15$5,639
Jul 201101,93694.144.52$8,745
Jun 201101,36092.904.64$6,310
May 2011081298.134.40$3,577
Apr 201101,605105.964.33$6,955
Mar 2011060096.364.06$2,434
Feb 201101,10885.644.18$4,631
Jan 201101,12386.504.59$5,153
Dec 20101792,39985.734.35$25,776
Nov 201004,01280.843.80$15,227
Oct 201004,36578.103.51$15,316
Sep 201004,87172.633.98$19,384
Aug 2010864,59773.684.42$26,652
Jul 201004,88972.554.74$23,157
Jun 20101774,82170.364.91$36,127
May 201005,56271.124.24$23,556
Apr 201005,65581.694.12$23,314
Mar 20101775,83078.394.39$39,461
Feb 201001,70873.585.44$9,296
Jan 201001,47374.365.96$8,785
Dec 200901,89471.445.48$10,386
Nov 200902,17774.593.75$8,167
Oct 200901,90872.544.11$7,842
Sep 200902,25165.543.06$6,899
Aug 20091004,36267.423.22$20,781
Jul 2009784,14561.133.46$19,128
Jun 200903,07666.163.90$11,981
May 200903,75954.743.93$14,757
Apr 20091793,64846.773.59$21,459
Mar 200904,74142.144.06$19,244
Feb 200903,95432.814.63$18,319
Jan 20091904,75535.865.37$32,353
Dec 200805,22237.105.98$31,213
Nov 200804,81055.496.86$32,998
Oct 20081855,39175.246.92$51,236
Sep 200805,211101.767.88$41,048
Aug 200805,279114.228.48$44,782
Jul 20081817,659131.0811.39$110,957
Jun 20081857,113131.3313.03$116,997
May 200808,362123.1711.57$96,784
Apr 20081848,552110.3110.45$109,707
Mar 20081879,611101.909.66$111,937
Feb 20081869,11792.538.77$97,172
Jan 200809,56890.388.21$78,512
Dec 200718911,23388.337.30$98,717
Nov 200718710,52391.677.29$93,873
Oct 200719111,64182.856.92$96,403
Sep 200718111,08175.846.24$82,919
Aug 200718412,62569.066.39$93,355
Jul 200718710,60770.906.39$81,015
Jun 200720812,16462.007.55$104,715
May 2007012,85358.747.85$100,848
Apr 200736812,06859.617.81$116,130
Mar 200718613,31856.927.30$107,835
Feb 200710215,88355.108.22$136,115
Jan 200737018,63550.306.73$143,966
Dec 200638919,16156.656.92$154,601
Nov 200618517,32554.207.62$142,000
Oct 200640723,95954.906.01$166,429
Sep 200657622,06360.085.04$145,742
Aug 200657024,53068.717.34$219,213
Jul 200663826,61569.376.34$213,071
Jun 200675427,68766.286.38$226,726
May 200672029,76466.016.42$238,761
Apr 200656131,16964.397.36$265,542
Mar 200694034,40756.707.08$297,000
Feb 200655732,39257.597.75$283,152
Jan 20061,02538,15960.598.93$402,991
Dec 200575641,42954.9413.42$597,321
Nov 200597243,55154.6910.59$514,294
Oct 20051,07434,32358.3413.80$536,169
Sep 200589540,72361.4512.08$546,891
Aug 200562025,06061.519.80$283,645
Jul 20051,44950,46655.697.84$476,532
Jun 20051,63867,83852.337.38$586,432
May 20051,85466,43845.226.65$525,728
Apr 20051,84366,82449.207.36$582,532
Mar 200556517,10350.377.15$150,829

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 2016 — as filed, then multipliedworked
Condensate             9 bbl  × $ 33.01 =       $297
Gas                    0 Mcf  × $  1.79 =         $0

────────────────────────────────────────────────────
Month total                                     $297

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/215080 is the state's own key, not one this site invented.