HESS, ET AL

Operated by PETRO VEST, INC. (P-5 660925) in the MAYO (5758) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6562District 02Field 58693800OilCasinghead gasSaveExport
Value, all time
$551 k
Jan 1993 – Oct 2005
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
154
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1980-01-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFF. 01-1-81 PER AMENDMENT TO SWR 28 & 29

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
OilDisposition27,071 bbl$550,986
Casinghead gasProduction18 Mcf$0
Total$550,986

18 Mcf of this lease's gas, across 18 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 28.9994, -96.4029. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
6,750 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

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 6,750 ft.

Completions filed
Feb 2023
1 of 1 wells
Plug dates filed
Aug 2007
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2393182136,750 ftFeb 2023Aug 2007Yes

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 (154)

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

154 months

Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200534055.697.84$1,893
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 2004130045.286.33$5,886
Oct 2004166049.706.52$8,250
Sep 2004172043.245.28$7,437
Aug 20040042.375.55$0
Jul 2004144038.286.08$5,512
Jun 2004170036.106.43$6,137
May 20040037.486.49$0
Apr 2004167034.475.86$5,756
Mar 2004166034.365.53$5,704
Feb 2004172032.455.51$5,581
Jan 20040032.036.30$0
Dec 2003139030.266.30$4,206
Nov 2003161028.804.60$4,637
Oct 20030028.174.76$0
Sep 2003179026.314.75$4,709
Aug 2003171029.765.13$5,089
Jul 2003184029.415.17$5,411
Jun 2003181028.565.98$5,169
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003124031.146.10$3,861
Feb 20030033.487.93$0
Jan 2003151030.315.58$4,577
Dec 2002348026.914.85$9,365
Nov 20020024.664.14$0
Oct 2002185026.464.23$4,895
Sep 2002181027.443.64$4,967
Aug 2002170025.963.16$4,413
Jul 2002368024.583.06$9,045
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002349023.653.51$8,254
Mar 20020022.003.10$0
Feb 2002187018.222.38$3,407
Jan 20020017.172.38$0
Dec 2001170016.932.36$2,878
Nov 2001188018.072.41$3,397
Oct 2001178019.782.53$3,521
Sep 2001181024.262.25$4,391
Aug 2001190024.873.05$4,725
Jul 2001167023.933.20$3,996
Jun 2001506024.563.82$12,427
May 20010025.524.31$0
Apr 2001183024.685.34$4,516
Mar 2001185024.545.38$4,540
Feb 2001180027.755.77$4,995
Jan 20010027.478.40$0
Dec 2000190026.889.12$5,107
Nov 2000185032.215.66$5,959
Oct 2000181031.235.15$5,653
Sep 2000139031.875.19$4,430
Aug 2000189029.644.54$5,602
Jul 2000473028.534.09$13,495
Jun 20000029.304.40$0
May 2000171027.263.68$4,661
Apr 2000177024.513.12$4,338
Mar 2000180028.422.86$5,116
Feb 2000363027.622.73$10,026
Jan 20000025.272.48$0
Dec 1999148024.282.42$3,593
Nov 1999331023.192.43$7,676
Oct 1999185020.982.80$3,881
Sep 1999181021.752.62$3,937
Aug 1999173019.262.88$3,332
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 1999182015.792.32$2,874
Apr 1999180015.102.21$2,718
Mar 1999182012.471.84$2,270
Feb 199918209.981.82$1,816
Jan 1999190010.381.90$1,972
Dec 199818109.201.77$1,665
Nov 1998184010.892.19$2,004
Oct 1998152012.421.97$1,888
Sep 1998157012.592.08$1,977
Aug 1998178011.301.91$2,011
Jul 1998366011.742.24$4,297
Jun 19980011.242.24$0
May 1998178012.622.21$2,246
Apr 1998183013.042.51$2,386
Mar 1998180012.802.31$2,304
Feb 1998182013.952.30$2,539
Jan 1998175014.702.15$2,573
Dec 1997486016.322.41$7,932
Nov 19970018.193.09$0
Oct 1997175019.253.15$3,369
Sep 1997360017.742.95$6,386
Aug 19970017.862.55$0
Jul 1997316017.582.25$5,555
Jun 1997171017.242.26$2,948
May 1997302018.972.31$5,729
Apr 1997177017.882.08$3,165
Mar 1997187018.951.94$3,544
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996143023.32$3,335
Nov 19960021.97$0
Oct 1996359023.31$8,368
Sep 1996178022.22$3,955
Aug 1996543020.26$11,001
Jul 1996167019.55$3,265
Jun 1996173018.73$3,240
May 1996335019.43$6,509
Apr 1996354021.51$7,615
Mar 19960019.38$0
Feb 1996596016.98$10,120
Jan 19960017.07$0
Dec 1995332017.19$5,707
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995326016.18$5,275
Aug 1995349015.92$5,556
Jul 1995517015.24$7,879
Jun 1995173016.41$2,839
May 1995338017.56$5,935
Apr 1995337017.73$5,975
Mar 1995335016.44$5,507
Feb 1995186016.58$3,084
Jan 1995504015.92$8,024
Dec 1994318015.03$4,780
Nov 1994173015.90$2,751
Oct 19940015.58$0
Sep 1994173115.29$2,645
Aug 19940116.13$0
Jul 1994119117.56$2,090
Jun 19940117.09$0
May 19940015.88$0
Apr 1994275114.14$3,889
Mar 1994339112.46$4,224
Feb 1994536112.50$6,700
Jan 1994197112.66$2,494
Dec 19930012.33$0
Nov 1993195114.49$2,826
Oct 1993339115.85$5,373
Sep 1993197115.03$2,961
Aug 1993582115.66$9,114
Jul 1993336115.46$5,195
Jun 1993500116.79$8,395
May 1993337117.68$5,958
Apr 1993496118.05$8,953
Mar 1993531118.14$9,632
Feb 1993184117.90$3,294
Jan 19930016.93$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.

Jul 2005 — as filed, then multipliedworked
Oil                   34 bbl  × $ 55.69 =     $1,893
Casinghead gas         0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,893

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/6562 is the state's own key, not one this site invented.