HERMES

Operated by TRIO CONSULTING & MANAGEMENT,LLC (P-5 870354) in the KOERTH (WILCOX 11150) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 234308District 02Field 50056725CondensateGasSave
Value, all time
$22.2 M
Feb 2008 – Jan 2013
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
60
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
CondensateDisposition45,354 bbl$3,645,770
GasProduction2,964,496 Mcf$18,603,264
Total$22,249,034

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 29.3086, -96.9851. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.30861, -96.98512 · 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
11,302 ft
1 wells filed one
Completion to plug
4.9 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 11,302 ft.

Completions filed
Feb 2008
1 of 1 wells
Plug dates filed
Jan 2013
1 of 1 wells

Last completion to plug: a median of 4.9 years across the 1 well that filed both dates, with the middle half between 4.9 years and 4.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-28533431111,302 ftFeb 2008Jan 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 (60)

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

60 months

Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20121077279.822.52$8,722
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121922,351105.052.22$25,394
Feb 2012312,184101.102.57$31,619
Jan 201218910,06898.092.73$46,066
Dec 201119814,99396.873.24$67,754
Nov 201119613,29695.723.31$62,788
Oct 201108,56384.983.65$31,242
Sep 201119815,47883.623.99$78,249
Aug 201136917,37483.404.15$102,865
Jul 201119318,78494.144.52$103,021
Jun 201118718,29892.904.64$102,273
May 201138822,30198.134.40$136,306
Apr 201118521,455105.964.33$112,573
Mar 201138124,89296.364.06$137,708
Feb 201119422,07185.644.18$108,871
Jan 201158328,42886.504.59$180,879
Dec 201038930,34885.734.35$165,294
Nov 201038531,52880.843.80$150,783
Oct 201057435,26778.103.51$168,577
Sep 20101908,78372.633.98$48,751
Aug 201019227,89773.684.42$137,433
Jul 201038126,50772.554.74$153,192
Jun 201056238,09870.364.91$226,619
May 201057543,80371.124.24$226,409
Apr 201077551,74081.694.12$276,618
Mar 201073047,85478.394.39$267,240
Feb 201055446,66273.585.44$294,715
Jan 201037125,20774.365.96$177,924
Dec 200954934,62971.445.48$229,117
Nov 200975650,52174.593.75$245,920
Oct 200996653,18572.544.11$288,677
Sep 200976559,90765.543.06$233,738
Aug 200974664,04867.423.22$256,434
Jul 20091,11280,30561.133.46$346,193
Jun 20091,12685,32766.163.90$406,845
May 20091,33493,91954.743.93$441,726
Apr 20091,529103,52346.773.59$442,900
Mar 20091,704117,21342.144.06$547,574
Feb 20091,507112,62732.814.63$571,246
Jan 20092,095134,83235.865.37$799,309
Dec 20082,252145,05337.105.98$950,551
Nov 20082,219147,73855.496.86$1,136,668
Oct 20082,385149,99975.246.92$1,217,737
Sep 20082,498154,282101.767.88$1,469,490
Aug 20082,491152,733114.228.48$1,580,159
Jul 20082,443148,885131.0811.39$2,015,944
Jun 20081,53282,094131.3313.03$1,271,098
May 20082,200111,741123.1711.57$1,564,297
Apr 20082,044112,525110.3110.45$1,401,907
Mar 20081,860100,981101.909.66$1,165,421
Feb 200804,12792.538.77$36,196

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.

Jun 2012 — as filed, then multipliedworked
Condensate           107 bbl  × $ 79.82 =     $8,541
Gas                   72 Mcf  × $  2.52 =       $181

────────────────────────────────────────────────────
Month total                                   $8,722

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/234308 is the state's own key, not one this site invented.