HEARD-STATE UNIT #1

Operated by CTR PETROLEUM, INC. (P-5 191850) in the REFUGIO HEARD (5350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7638District 02Field 75626570OilCasinghead gasSaveExport
Value, all time
$73 k
Jan 1993 – Nov 1998
Value, last 12 filed months
$443
at the published price for each month
Months reported
71
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1955-09-15
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

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
OilDisposition4,497 bbl$73,428
Casinghead gasProduction8,398 Mcf$0
Total$73,428

8,398 Mcf of this lease's gas, across 28 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 28.2971, -97.2978. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.29712, -97.29782 · 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
6,812 ft
1 wells filed one
Completion to plug
8.0 years
median over 1 well

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 6,812 ft.

Completions filed
Oct 1990
1 of 1 wells
Plug dates filed
Oct 1998
1 of 1 wells

Last completion to plug: a median of 8.0 years across the 1 well that filed both dates, with the middle half between 8.0 years and 8.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-391314421266,812 ftOct 1990Oct 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 (71)

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

71 months

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 199828012.622.21$353
Apr 19982013.042.51$26
Mar 19985012.802.31$64
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 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19962021.97$44
Oct 199620023.31$466
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995168017.19$2,888
Nov 19950016.00$0
Oct 1995149015.43$2,299
Sep 1995170016.18$2,751
Aug 199501215.92$0
Jul 199503715.24$0
Jun 19951686316.41$2,757
May 19951736617.56$3,038
Apr 19951664,42317.73$2,943
Mar 1995020016.44$0
Feb 1995166016.58$2,752
Jan 19950015.92$0
Dec 19943338515.03$5,005
Nov 19941657915.90$2,624
Oct 1994168815.58$2,617
Sep 1994331115.29$5,061
Aug 19940116.13$0
Jul 1994167117.56$2,933
Jun 19941662,97917.09$2,837
May 1994164015.88$2,604
Apr 1994169114.14$2,390
Mar 19940112.46$0
Feb 19941012.50$13
Jan 19940112.66$0
Dec 19930112.33$0
Nov 1993182114.49$2,637
Oct 1993178115.85$2,821
Sep 19930115.03$0
Aug 1993180115.66$2,819
Jul 1993177115.46$2,736
Jun 19930116.79$0
May 199318010017.68$3,182
Apr 19931786418.05$3,213
Mar 19931843618.14$3,338
Feb 199317811117.90$3,186
Jan 199317912216.93$3,030

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.

May 1998 — as filed, then multipliedworked
Oil                   28 bbl  × $ 12.62 =       $353
Casinghead gas         0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                     $353

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/7638 is the state's own key, not one this site invented.