HEARD, J. F. B.

Operated by ACOCK/ANAQUA OPERATING CO., LP (P-5 3599) in the GRETA (4400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3958District 02Field 36867780OilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – Sep 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
189
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 63 leases and 296 wells, and the rule below applies to all of them.

Discovered
1963-05-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 25 acres. The field rule took effect on 2020-12-08.

The Commission's schedule remark for this field reads: CHANGED MIN. ACRES FROM 25 TO 40, AND ADDED OPTIONAL ACRES.

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
OilDisposition77,180 bbl$1,650,108
Casinghead gasProduction142 Mcf$7
Total$1,650,115

139 Mcf of this lease's gas, across 20 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 (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 28.4016, -97.1649. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

28.40163, -97.16493 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,393 ft
2 wells filed one
Completion to plug
16.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 4,392 and 4,393 ft, median 4,393 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1992
1 of 2 wells; 1 filed none
Plug dates filed
Apr 1987 – Jul 2008
2 of 2 wells

Last completion to plug: a median of 16.0 years across the 1 well that filed both dates, with the middle half between 16.0 years and 16.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3910085924,392 ftApr 1987Yes
42-3910085814,393 ftJul 1992Jul 2008Yes

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 (189)

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

189 months

Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005164061.519.80$10,088
Jul 20050055.697.84$0
Jun 2005133052.337.38$6,960
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 2004161045.286.33$7,290
Oct 2004488049.706.52$24,254
Sep 2004486043.245.28$21,015
Aug 2004643042.375.55$27,244
Jul 2004492038.286.08$18,834
Jun 2004494036.106.43$17,833
May 2004505037.486.49$18,927
Apr 2004672034.475.86$23,164
Mar 2004511034.365.53$17,558
Feb 2004507032.455.51$16,452
Jan 2004490032.036.30$15,695
Dec 2003654030.266.30$19,790
Nov 2003484028.804.60$13,939
Oct 2003651028.174.76$18,339
Sep 2003489026.314.75$12,866
Aug 2003816029.765.13$24,284
Jul 2003312029.415.17$9,176
Jun 2003493028.565.98$14,080
May 2003816026.595.97$21,697
Apr 2003443026.675.41$11,815
Mar 2003652031.146.10$20,303
Feb 2003482033.487.93$16,137
Jan 2003774030.315.58$23,460
Dec 2002651026.914.85$17,518
Nov 2002328024.664.14$8,088
Oct 2002640026.464.23$16,934
Sep 2002660027.443.64$18,110
Aug 2002656025.963.16$17,030
Jul 2002622024.583.06$15,289
Jun 2002496023.733.34$11,770
May 2002624024.663.58$15,388
Apr 2002482023.653.51$11,399
Mar 2002640022.003.10$14,080
Feb 2002648018.222.38$11,807
Jan 2002458017.172.38$7,864
Dec 2001332016.932.36$5,621
Nov 2001499018.072.41$9,017
Oct 2001349019.782.53$6,903
Sep 2001322024.262.25$7,812
Aug 2001347024.873.05$8,630
Jul 2001618023.933.20$14,789
Jun 2001653024.563.82$16,038
May 2001330025.524.31$8,422
Apr 2001353024.685.34$8,712
Mar 2001344024.545.38$8,442
Feb 2001359027.755.77$9,962
Jan 2001334027.478.40$9,175
Dec 2000638026.889.12$17,149
Nov 2000518032.215.66$16,685
Oct 2000337031.235.15$10,525
Sep 20000031.875.19$0
Aug 2000533029.644.54$15,798
Jul 2000503028.534.09$14,351
Jun 2000316029.304.40$9,259
May 2000322027.263.68$8,778
Apr 2000531024.513.12$13,015
Mar 2000330028.422.86$9,379
Feb 2000164027.622.73$4,530
Jan 2000335025.272.48$8,465
Dec 1999820024.282.42$19,910
Nov 1999503023.192.43$11,665
Oct 1999669020.982.80$14,036
Sep 1999675021.752.62$14,681
Aug 1999662019.262.88$12,750
Jul 1999828017.892.37$14,813
Jun 1999497015.942.36$7,922
May 1999818015.792.32$12,916
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 199949409.981.82$4,930
Jan 19990010.381.90$0
Dec 199851009.201.77$4,692
Nov 1998331010.892.19$3,605
Oct 1998656012.421.97$8,148
Sep 1998659012.592.08$8,297
Aug 1998682011.301.91$7,707
Jul 1998826011.742.24$9,697
Jun 1998515011.242.24$5,789
May 1998628012.622.21$7,925
Apr 1998499013.042.51$6,507
Mar 1998803012.802.31$10,278
Feb 1998820013.952.30$11,439
Jan 1998494014.702.15$7,262
Dec 1997993016.322.41$16,206
Nov 19970018.193.09$0
Oct 1997340019.253.15$6,545
Sep 1997510017.742.95$9,047
Aug 19971,050117.862.55$18,756
Jul 1997867117.582.25$15,244
Jun 1997344117.242.26$5,933
May 1997512018.972.31$9,713
Apr 1997636017.882.08$11,372
Mar 1997389018.951.94$7,372
Feb 1997495020.492.21$10,143
Jan 1997690023.483.54$16,201
Dec 1996676023.32$15,764
Nov 1996691021.97$15,181
Oct 1996912023.31$21,259
Sep 19961,107022.22$24,598
Aug 19960020.26$0
Jul 1996752019.55$14,702
Jun 1996500018.73$9,365
May 1996568019.43$11,036
Apr 1996757021.51$16,283
Mar 1996829019.38$16,066
Feb 1996426016.98$7,233
Jan 1996825017.07$14,083
Dec 1995678017.19$11,655
Nov 1995993016.00$15,888
Oct 1995746015.43$11,511
Sep 1995809016.18$13,090
Aug 1995883015.92$14,057
Jul 1995448015.24$6,828
Jun 1995570016.41$9,354
May 1995906017.56$15,909
Apr 1995162017.73$2,872
Mar 1995746016.44$12,264
Feb 1995846016.58$14,027
Jan 19950015.92$0
Dec 1994271015.03$4,073
Nov 1994497115.90$7,902
Oct 1994902115.58$14,053
Sep 1994681115.29$10,412
Aug 19941,009116.13$16,275
Jul 1994488117.56$8,569
Jun 1994594117.09$10,151
May 1994573115.88$9,099
Apr 1994648114.14$9,163
Mar 19940012.46$0
Feb 19940112.50$0
Jan 1994303112.66$3,836
Dec 1993565112.33$6,966
Nov 1993464114.49$6,723
Oct 1993759115.85$12,030
Sep 1993735115.03$11,047
Aug 19931,059115.66$16,584
Jul 19931,414115.46$21,860
Jun 19930116.79$0
May 19930017.68$0
Apr 1993427118.05$7,707
Mar 19930018.14$0
Feb 19930117.90$0
Jan 199366212016.93$11,208

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.

Aug 2005 — as filed, then multipliedworked
Oil                  164 bbl  × $ 61.51 =    $10,088
Casinghead gas         0 Mcf  × $  9.80 =         $0

────────────────────────────────────────────────────
Month total                                  $10,088

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/3958 is the state's own key, not one this site invented.