IRA HEARD 'A'

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TOM OCONNOR (4400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10243District 02Field 90534325OilCasinghead gasSaveExport
Value, all time
$228 k
Apr 2012 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
170
no gaps in the span
Streams
2
oil, casinghead 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 71 leases and 224 wells, and the rule below applies to all of them.

Discovered
1955-12-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2005-05-10.

The Commission's schedule remark for this field reads: AND FIELD CLASSIFIED AS SALVAGE.

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
OilDisposition2,754 bbl$218,630
Casinghead gasProduction3,074 Mcf$9,645
Total$228,275

Wells on this lease (2)

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 28.3820, -97.1591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.38204, -97.15910 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,871 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
2100.0%

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

Between 5,942 and 7,800 ft, median 6,871 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2023 – Apr 2023
2 of 2 wells

2 wells

42-3910073945,942 ftApr 2023
42-39131883187,800 ftMar 2023

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 (170)

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

170 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202514059.383.30$831
Sep 202510062.743.08$627
Aug 202511063.933.01$703
Jul 20256066.743.32$400
Jun 20255066.483.13$332
May 202512060.553.23$727
Apr 202510062.363.54$624
Mar 202513067.704.27$880
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202387074.852.64$6,512
Jun 202359068.962.26$4,069
May 202375070.622.23$5,297
Apr 2023113078.122.24$8,828
Mar 20233072.852.39$219
Feb 202366075.112.47$4,957
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
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 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201529038.792.17$1,125
Oct 2015402243.552.43$1,795
Sep 2015281242.992.76$1,237
Aug 20156560540.162.87$4,348
Jul 20155312448.152.95$2,917
Jun 20155558356.152.88$4,769
May 20152833655.212.96$2,539
Apr 20156813649.822.71$3,756
Mar 201558042.892.93$2,488
Feb 201572044.662.98$3,216
Jan 201541043.433.10$1,781
Dec 2014391254.693.59$2,176
Nov 201461070.464.25$4,298
Oct 2014261778.303.90$2,102
Sep 2014421886.164.05$3,692
Aug 2014391589.394.04$3,547
Jul 2014563696.564.18$5,558
Jun 2014322698.164.74$3,264
May 2014381394.734.73$3,661
Apr 201447995.944.81$4,552
Mar 2014621195.895.06$6,001
Feb 2014322797.406.19$3,284
Jan 20144912090.404.86$5,013
Dec 201345791.824.35$4,162
Nov 201347688.853.74$4,198
Oct 201354697.423.78$5,283
Sep 20133722104.113.72$3,934
Aug 201311974104.253.52$12,666
Jul 20135810102.523.72$5,983
Jun 2013634094.403.93$6,105
May 201399094.834.15$9,388
Apr 201376093.964.28$7,141
Mar 201367693.623.91$6,296
Feb 2013764091.233.42$7,070
Jan 2013443491.603.42$4,147
Dec 2012294286.773.42$2,660
Nov 2012334186.953.62$3,018
Oct 2012515989.383.40$4,759
Sep 2012608294.672.92$5,920
Aug 20128918792.662.91$8,791
Jul 20125715385.133.02$5,315
Jun 20126410379.822.52$5,368
May 2012424091.612.49$3,947
Apr 201200101.652.00$0

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.

Oct 2025 — as filed, then multipliedworked
Oil                   14 bbl  × $ 59.38 =       $831
Casinghead gas         0 Mcf  × $  3.30 =         $0

────────────────────────────────────────────────────
Month total                                     $831

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/O/10243 is the state's own key, not one this site invented.