HEARD UNIT

Name: HEARD UNIT lease production and value, Mar 2006 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 220593District 02Field 577193742 tax incentive programmesCondensateGasSave Export

Value, all time

$3.9 M

Mar 2006 – Feb 2021

Value, last 12 filed months

at the published price for each month

Months reported

180

no gaps in the span

Streams

condensate, gas

The MARSHALL (MIDDLE WILCOX) field

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2007-07-09	173511
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	12,055 bbl	$806,272
Gas	Production	487,384 Mcf	$3,079,348
Total			$3,885,620

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 28.7773, -97.3962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.77735, -97.39620 · 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

11,200 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

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 11,200 ft.

Plug dates filed

Feb 2021

1 of 1 wells

1 well


42-17533871	3R	11,200 ft	—	Feb 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 (180)

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

180 months


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	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	0	0	55.05	2.66	$0
Aug 2019	0	0	53.11	2.30	$0
Jul 2019	0	0	56.27	2.46	$0
Jun 2019	0	0	52.78	2.49	$0
May 2019	0	0	58.48	2.74	$0
Apr 2019	0	0	62.63	2.75	$0
Mar 2019	0	0	56.80	3.06	$0
Feb 2019	0	0	50.85	2.79	$0
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	0	0	52.93	4.24	$0
Oct 2018	0	0	61.44	3.40	$0
Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	12	2	26.47	2.06	$322
Jan 2016	12	287	27.35	2.36	$1,007
Dec 2015	13	132	32.36	2.00	$685
Nov 2015	12	247	38.79	2.17	$1,001
Oct 2015	13	566	43.55	2.43	$1,940
Sep 2015	13	635	42.99	2.76	$2,310
Aug 2015	12	717	40.16	2.87	$2,542
Jul 2015	13	577	48.15	2.95	$2,325
Jun 2015	12	379	56.15	2.88	$1,766
May 2015	13	268	55.21	2.96	$1,510
Apr 2015	13	679	49.82	2.71	$2,485
Mar 2015	12	456	42.89	2.93	$1,853
Feb 2015	25	449	44.66	2.98	$2,453
Jan 2015	13	570	43.43	3.10	$2,332
Dec 2014	12	370	54.69	3.59	$1,985
Nov 2014	0	423	70.46	4.25	$1,799
Oct 2014	0	406	78.30	3.90	$1,584
Sep 2014	13	833	86.16	4.05	$4,490
Aug 2014	13	806	89.39	4.04	$4,414
Jul 2014	13	805	96.56	4.18	$4,620
Jun 2014	26	811	98.16	4.74	$6,394
May 2014	13	971	94.73	4.73	$5,821
Apr 2014	39	485	95.94	4.81	$6,074
Mar 2014	0	639	95.89	5.06	$3,231
Feb 2014	13	473	97.40	6.19	$4,195
Jan 2014	14	276	90.40	4.86	$2,607
Dec 2013	0	434	91.82	4.35	$1,890
Nov 2013	13	691	88.85	3.74	$3,738
Oct 2013	23	793	97.42	3.78	$5,238
Sep 2013	0	656	104.11	3.72	$2,439
Aug 2013	15	850	104.25	3.52	$4,558
Jul 2013	8	893	102.52	3.72	$4,140
Jun 2013	26	795	94.40	3.93	$5,581
May 2013	8	362	94.83	4.15	$2,261
Apr 2013	17	422	93.96	4.28	$3,405
Mar 2013	0	386	93.62	3.91	$1,510
Feb 2013	4	509	91.23	3.42	$2,106
Jan 2013	11	209	91.60	3.42	$1,722
Dec 2012	5	225	86.77	3.42	$1,203
Nov 2012	11	252	86.95	3.62	$1,870
Oct 2012	5	296	89.38	3.40	$1,453
Sep 2012	5	424	94.67	2.92	$1,711
Aug 2012	12	340	92.66	2.91	$2,101
Jul 2012	5	384	85.13	3.02	$1,586
Jun 2012	5	314	79.82	2.52	$1,190
May 2012	10	260	91.61	2.49	$1,563
Apr 2012	9	322	101.65	2.00	$1,558
Mar 2012	16	245	105.05	2.22	$2,225
Feb 2012	8	580	101.10	2.57	$2,300
Jan 2012	13	624	98.09	2.73	$2,981
Dec 2011	12	607	96.87	3.24	$3,129
Nov 2011	6	583	95.72	3.31	$2,505
Oct 2011	13	477	84.98	3.65	$2,845
Sep 2011	13	415	83.62	3.99	$2,741
Aug 2011	12	551	83.40	4.15	$3,287
Jul 2011	13	602	94.14	4.52	$3,943
Jun 2011	7	616	92.90	4.64	$3,508
May 2011	22	705	98.13	4.40	$5,264
Apr 2011	25	810	105.96	4.33	$6,159
Mar 2011	25	1,008	96.36	4.06	$6,499
Feb 2011	8	986	85.64	4.18	$4,807
Jan 2011	23	951	86.50	4.59	$6,353
Dec 2010	13	618	85.73	4.35	$3,801
Nov 2010	13	772	80.84	3.80	$3,981
Oct 2010	19	885	78.10	3.51	$4,589
Sep 2010	14	820	72.63	3.98	$4,280
Aug 2010	13	620	73.68	4.42	$3,698
Jul 2010	20	808	72.55	4.74	$5,278
Jun 2010	13	864	70.36	4.91	$5,157
May 2010	20	898	71.12	4.24	$5,226
Apr 2010	20	725	81.69	4.12	$4,623
Mar 2010	20	947	78.39	4.39	$5,724
Feb 2010	20	729	73.58	5.44	$5,439
Jan 2010	64	1,101	74.36	5.96	$11,326
Dec 2009	94	995	71.44	5.48	$12,172
Nov 2009	128	1,146	74.59	3.75	$13,847
Oct 2009	62	1,540	72.54	4.11	$10,827
Sep 2009	205	4,161	65.54	3.06	$26,188
Aug 2009	416	10,603	67.42	3.22	$62,172
Jul 2009	333	12,061	61.13	3.46	$62,142
Jun 2009	171	12,227	66.16	3.90	$58,938
May 2009	40	10,677	54.74	3.93	$44,105
Apr 2009	40	9,212	46.77	3.59	$34,919
Mar 2009	40	9,987	42.14	4.06	$42,223
Feb 2009	52	9,693	32.81	4.63	$46,614
Jan 2009	41	9,447	35.86	5.37	$52,210
Dec 2008	60	7,876	37.10	5.98	$49,302
Nov 2008	50	8,852	55.49	6.86	$63,502
Oct 2008	51	4,653	75.24	6.92	$36,045
Sep 2008	50	1,680	101.76	7.88	$18,322
Aug 2008	60	4,473	114.22	8.48	$44,798
Jul 2008	40	8,271	131.08	11.39	$99,445
Jun 2008	39	8,289	131.33	13.03	$113,149
May 2008	49	10,847	123.17	11.57	$131,582
Apr 2008	51	5,646	110.31	10.45	$64,654
Mar 2008	61	2,525	101.90	9.66	$30,618
Feb 2008	72	2,884	92.53	8.77	$31,957
Jan 2008	41	4,425	90.38	8.21	$40,016
Dec 2007	54	4,166	88.33	7.30	$35,190
Nov 2007	70	3,329	91.67	7.29	$30,691
Oct 2007	77	4,957	82.85	6.92	$40,692
Sep 2007	90	2,968	75.84	6.24	$25,358
Aug 2007	60	4,323	69.06	6.39	$31,759
Jul 2007	63	3,330	70.90	6.39	$25,739
Jun 2007	81	6,016	62.00	7.55	$50,433
May 2007	51	2,495	58.74	7.85	$22,572
Apr 2007	46	6,883	59.61	7.81	$56,465
Mar 2007	146	5,717	56.92	7.30	$50,056
Feb 2007	148	6,867	55.10	8.22	$64,574
Jan 2007	182	7,308	50.30	6.73	$58,314
Dec 2006	222	10,659	56.65	6.92	$86,320
Nov 2006	280	12,158	54.20	7.62	$107,789
Oct 2006	278	13,262	54.90	6.01	$95,017
Sep 2006	471	19,384	60.08	5.04	$125,939
Aug 2006	525	23,998	68.71	7.34	$212,216
Jul 2006	734	30,718	69.37	6.34	$245,754
Jun 2006	995	37,212	66.28	6.38	$303,506
May 2006	1,370	52,207	66.01	6.42	$425,864
Apr 2006	2,333	1,969	64.39	7.36	$164,715
Mar 2006	532	22,662	56.70	7.08	$190,678

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.

Feb 2016 — as filed, then multipliedworked

Condensate            12 bbl  × $ 26.47 =       $318
Gas                    2 Mcf  × $  2.06 =         $4

────────────────────────────────────────────────────
Month total                                     $322

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/220593 is the state's own key, not one this site invented.