HAYES, ADA V. #2

Operated by STARCO EXPLORATION, INC. (P-5 815145) in the RIVERDALE (REKLAW SEG B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5468District 02Field 77017310OilCasinghead gasSaveExport
Value, all time
$66 k
Jan 1993 – Mar 1998
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
63
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1957-09-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: GOR 5000 IF GAS IS PUT TO LEGAL USE

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
OilDisposition3,886 bbl$65,907
Casinghead gasProduction49 Mcf$6
Total$65,912

47 Mcf of this lease's gas, across 47 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 (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 28.6704, -97.5413. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.67040, -97.54135 · 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
8,900 ft
1 wells filed one
Completion to plug
no well filed both dates

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 8,900 ft.

Plug dates filed
Dec 1997
1 of 1 wells

1 well

42-1753054328,900 ftDec 1997Yes

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 (63)

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

63 months

Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997251018.193.09$4,566
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 19970018.951.94$0
Feb 1997192120.492.21$3,936
Jan 19970123.483.54$4
Dec 1996190123.32$4,431
Nov 19960121.97$0
Oct 19960123.31$0
Sep 19960122.22$0
Aug 19960020.26$0
Jul 1996195119.55$3,812
Jun 1996200118.73$3,746
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 1996199116.98$3,379
Jan 19960117.07$0
Dec 19950117.19$0
Nov 1995194116.00$3,104
Oct 19950115.43$0
Sep 1995155116.18$2,508
Aug 1995200115.92$3,184
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 19950116.44$0
Feb 1995184116.58$3,051
Jan 19950115.92$0
Dec 1994193115.03$2,901
Nov 19940115.90$0
Oct 1994189115.58$2,945
Sep 1994181115.29$2,767
Aug 19940116.13$0
Jul 1994196117.56$3,442
Jun 19940117.09$0
May 19940115.88$0
Apr 1994169114.14$2,390
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 1993183112.33$2,256
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993207115.03$3,111
Aug 19930115.66$0
Jul 1993208115.46$3,216
Jun 19930116.79$0
May 1993199117.68$3,518
Apr 19930118.05$0
Mar 1993201118.14$3,646
Feb 19930117.90$0
Jan 19930116.93$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.

Nov 1997 — as filed, then multipliedworked
Oil                  251 bbl  × $ 18.19 =     $4,566
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $4,566

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/5468 is the state's own key, not one this site invented.