HEARD, C. E. "B"

Operated by MILAGRO EXPLORATION, LLC (P-5 566789) in the HEARD RANCH (4400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231910District 02Field 40032858CondensateGasSaveExport
Value, all time
$780 k
Aug 2007 – May 2013
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
70
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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered
1957-05-24
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 2007-06-26.

The Commission's schedule remark for this field reads: BLANKET RULE 10 EXCEPTION.

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
CondensateDisposition75 bbl$6,497
GasProduction117,804 Mcf$773,084
Total$779,582

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 28.2949, -97.5729. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.29493, -97.57285 · 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
5,021 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 5,021 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-02533495365,021 ftMay 2013Yes

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 (70)

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

70 months

May 2013017694.834.15$730
Apr 2013045293.964.28$1,936
Mar 2013038693.623.91$1,510
Feb 2013034691.233.42$1,183
Jan 2013037791.603.42$1,289
Dec 2012048586.773.42$1,659
Nov 2012041286.953.62$1,493
Oct 2012048789.383.40$1,656
Sep 2012041194.672.92$1,199
Aug 2012045792.662.91$1,329
Jul 2012043485.133.02$1,311
Jun 2012044479.822.52$1,118
May 2012052991.612.49$1,316
Apr 20120406101.652.00$811
Mar 20120474105.052.22$1,053
Feb 20120424101.102.57$1,090
Jan 2012051398.092.73$1,403
Dec 2011054596.873.24$1,766
Nov 2011068995.723.31$2,281
Oct 2011028084.983.65$1,022
Sep 2011048383.623.99$1,925
Aug 2011025183.404.15$1,041
Jul 2011034494.144.52$1,554
Jun 2011033692.904.64$1,559
May 2011048798.134.40$2,145
Apr 20110546105.964.33$2,366
Mar 2011063696.364.06$2,580
Feb 2011038285.644.18$1,597
Jan 2011167586.504.59$3,184
Dec 201001,01085.734.35$4,391
Nov 2010060480.843.80$2,292
Oct 2010056478.103.51$1,979
Sep 2010151072.633.98$2,102
Aug 2010052973.684.42$2,338
Jul 2010054672.554.74$2,586
Jun 2010059870.364.91$2,936
May 2010037671.124.24$1,592
Apr 2010143181.694.12$1,859
Mar 2010049778.394.39$2,181
Feb 2010158073.585.44$3,230
Jan 2010174274.365.96$4,500
Dec 2009084471.445.48$4,628
Nov 2009092374.593.75$3,463
Oct 2009193772.544.11$3,924
Sep 2009068765.543.06$2,105
Aug 2009189567.423.22$2,948
Jul 200901,04461.133.46$3,617
Jun 200901,15166.163.90$4,483
May 200911,23254.743.93$4,891
Apr 200911,24146.773.59$4,499
Mar 200901,43242.144.06$5,812
Feb 200901,44032.814.63$6,672
Jan 200911,49735.865.37$8,076
Dec 200811,60337.105.98$9,618
Nov 200811,83355.496.86$12,631
Oct 200802,13875.246.92$14,799
Sep 200812,048101.767.88$16,234
Aug 200812,439114.228.48$20,804
Jul 200811,309131.0811.39$15,040
Jun 200852,291131.3313.03$30,514
May 200812,572123.1711.57$29,892
Apr 200822,809110.3110.45$29,588
Mar 200833,449101.909.66$33,637
Feb 200813,75992.538.77$33,061
Jan 200844,85290.388.21$40,176
Dec 2007115,63188.337.30$42,089
Nov 200798,09691.677.29$59,859
Oct 2007512,15582.856.92$84,551
Sep 20071621,75875.846.24$137,074
Aug 200735,88569.066.39$37,800

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.

May 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 94.83 =         $0
Gas                  176 Mcf  × $  4.15 =       $730

────────────────────────────────────────────────────
Month total                                     $730

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/231910 is the state's own key, not one this site invented.