HAMILTON TRUST A-405

Operated by BURLINGTON RESOURCES O & G CO LP (P-5 109333) in the DE WITT (EAGLE FORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 259352District 02Field 24492500Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$30.7 M
Aug 2010 – Jan 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
138
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 752 leases and 817 wells, and the rule below applies to all of them.

Discovered
2009-04-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-01-23.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DOCKET #02-0305519, NUNC PRO TUNC EFF 1/23/2018.

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 Gas112011-06-28202432
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
CondensateDisposition293,963 bbl$26,543,994
GasProduction1,079,978 Mcf$4,175,316
Total$30,719,309

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 29.2218, -97.3926. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.22175, -97.39258 · 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
12,748 ft
1 wells filed one
Completion to plug
11.3 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 12,748 ft.

Completions filed
Oct 2010
1 of 1 wells
Plug dates filed
Jan 2022
1 of 1 wells

Last completion to plug: a median of 11.3 years across the 1 well that filed both dates, with the middle half between 11.3 years and 11.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-12332311112,748 ftOct 2010Jan 2022Yes

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 (138)

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

138 months

Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016631427.352.36$1,756
Dec 201518122932.362.00$6,315
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 20150356.152.88$9
May 201536625555.212.96$20,961
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201501143.433.10$34
Dec 20140054.693.59$0
Nov 20141,0524,33170.464.25$92,539
Oct 20142,85310,94078.303.90$266,066
Sep 20142,2708,69286.164.05$230,746
Aug 20142,2779,84889.394.04$243,279
Jul 20142,84711,01796.564.18$320,953
Jun 20141,8898,15498.164.74$224,049
May 20142,5758,97094.734.73$286,327
Apr 20142,60010,49295.944.81$299,901
Mar 20143,30611,82395.895.06$376,799
Feb 20142,0768,79997.406.19$256,686
Jan 20142,78210,76190.404.86$303,799
Dec 20133,84212,00391.824.35$405,039
Nov 20132,5917,02888.853.74$256,483
Oct 20131,7134,89897.423.78$185,392
Sep 20131,8997,835104.113.72$226,833
Aug 20133,48511,257104.253.52$402,965
Jul 20132,2467,263102.523.72$257,262
Jun 20132,57610,17794.403.93$283,205
May 20133,47914,10694.834.15$388,440
Apr 20133,00213,09793.964.28$338,157
Mar 20133,77113,73493.623.91$406,780
Feb 20132,98112,83791.233.42$315,858
Jan 20134,24817,86791.603.42$450,220
Dec 20124,06118,64086.773.42$416,125
Nov 20124,62715,62686.953.62$458,961
Oct 20121,9766,71189.383.40$199,430
Sep 201205894.672.92$169
Aug 20123,92816,00092.662.91$410,499
Jul 20123,31015,91385.133.02$329,850
Jun 20123,59214,91579.822.52$324,285
May 20124,86619,07991.612.49$493,249
Apr 20124,57020,077101.652.00$504,630
Mar 20125,38922,435105.052.22$615,967
Feb 20124,68421,132101.102.57$527,867
Jan 20125,93626,95698.092.73$655,962
Dec 20114,98920,52896.873.24$549,790
Nov 20116,80129,01195.723.31$747,055
Oct 20116,76628,64084.983.65$679,469
Sep 20116,80824,40583.623.99$666,558
Aug 20118,15232,16283.404.15$813,327
Jul 201111,03039,56094.144.52$1,217,066
Jun 20114,40913,87792.904.64$473,984
May 20119,20531,24598.134.40$1,040,915
Apr 201112,42746,322105.964.33$1,517,491
Mar 201113,64647,76296.364.06$1,508,715
Feb 201117,49061,48885.644.18$1,754,862
Jan 201120,93969,75286.504.59$2,131,300
Dec 201023,75577,19585.734.35$2,372,141
Nov 201024,95485,01680.843.80$2,339,945
Oct 201011,32037,53378.103.51$1,015,791
Sep 20100072.633.98$0
Aug 20101,3631,49973.684.42$107,050

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.

Jan 2016 — as filed, then multipliedworked
Condensate            63 bbl  × $ 27.35 =     $1,723
Gas                   14 Mcf  × $  2.36 =        $33

────────────────────────────────────────────────────
Month total                                   $1,756

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/259352 is the state's own key, not one this site invented.