HEARD, CLEMENT

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

Oil lease lease 1540District 02Field 90534001OilCasinghead gasSaveExport
Value, all time
$191 k
Jan 1993 – Aug 2005
Value, last 12 filed months
$0
at the published price for each month
Months reported
152
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 98 leases and 672 wells, and the rule below applies to all of them.

Discovered
1934-12-31
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
OilDisposition7,311 bbl$153,709
Casinghead gasProduction64,165 Mcf$36,893
Total$190,602

55,047 Mcf of this lease's gas, across 42 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (8)

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 28.3761, -97.1587. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles. 1 well has no surveyed location and is left out of it.

28.37631, -97.15846 · centre of 7 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%
8 of 8 wells
With a plug date
25.0%
2 of 8 wells
Median depth
5,935 ft
7 wells filed one
Completion to plug
4.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
8100.0%
A plug date is filed
225.0%
BothOn the schedule and plugged. Neither fact cancels the other.
225.0%
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

Total depth in feet, 7 of 8 wells. Median 5,935 ft, with the middle half between 5,925 and 6,465 ft; the shallowest is 5,894 ft and the deepest 7,800 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 7 of 8 wells, Feb 1990 – Aug 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1990 – Aug 2025
7 of 8 wells; 1 filed none
Plug dates filed
Nov 1998 – Nov 2017
2 of 8 wells; 6 filed none

Last completion to plug: a median of 4.4 years across the 2 wells that filed both dates, with the middle half between 2.3 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-391805963 LYes
42-39100849126,209 ftAug 2025Yes
42-391008425 L5,935 ftApr 2021Yes
42-39100847105,925 ftOct 2017Nov 2017Yes
42-39130231227,800 ftMay 2010Yes
42-3910084475,925 ftOct 2009Yes
42-3910085114 D5,894 ftDec 1997Yes
42-391008469 T6,721 ftFeb 1990Nov 1998Yes

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 (152)

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

152 months

Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001305524.685.34$1,034
Mar 200118639524.545.38$6,688
Feb 200116512427.755.77$5,294
Jan 200118227527.478.40$7,309
Dec 200017436526.889.12$8,007
Nov 200016215332.215.66$6,084
Oct 200017820331.235.15$6,603
Sep 200018261031.875.19$8,964
Aug 200018362229.644.54$8,248
Jul 20001881,27728.534.09$10,586
Jun 200017518029.304.40$5,919
May 20001551,03327.263.68$8,026
Apr 200017187924.513.12$6,930
Mar 2000128128.422.86$832
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 199716273118.951.94$4,487
Feb 19971261,05120.492.21$4,900
Jan 199717988423.483.54$7,332
Dec 199615388423.32$3,568
Nov 19961331,14921.97$2,922
Oct 199615753223.31$3,660
Sep 199615360622.22$3,400
Aug 199615051920.26$3,039
Jul 199614290319.55$2,776
Jun 19961511,12018.73$2,828
May 19961671,61819.43$3,245
Apr 199619483321.51$4,173
Mar 199618758119.38$3,624
Feb 199615183216.98$2,564
Jan 199612380717.07$2,100
Dec 199512580117.19$2,149
Nov 19951881,01016.00$3,008
Oct 199511971615.43$1,836
Sep 19951221,07316.18$1,974
Aug 19958858315.92$1,401
Jul 19959483015.24$1,433
Jun 19959169016.41$1,493
May 19959588317.56$1,668
Apr 19958679317.73$1,525
Mar 1995901,24316.44$1,480
Feb 19958899716.58$1,459
Jan 19959477315.92$1,496
Dec 1994871,53015.03$1,308
Nov 19949289015.90$1,463
Oct 1994961,13615.58$1,496
Sep 1994951,73715.29$1,453
Aug 1994981,43016.13$1,581
Jul 1994701,05617.56$1,229
Jun 1994682,48117.09$1,162
May 1994722,70615.88$1,143
Apr 1994702,04714.14$990
Mar 1994682,72112.46$847
Feb 19942732,65012.50$3,413
Jan 199463,59612.66$76
Dec 199363,19012.33$74
Nov 199352,99714.49$72
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19936974518.05$1,245
Mar 199313347918.14$2,413
Feb 199312469617.90$2,220
Jan 19931392,18416.93$2,353

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.

Apr 2001 — as filed, then multipliedworked
Oil                   30 bbl  × $ 24.68 =       $740
Casinghead gas        55 Mcf  × $  5.34 =       $293

────────────────────────────────────────────────────
Month total                                   $1,034

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/1540 is the state's own key, not one this site invented.