HEARD, CLEMENT

Name: HEARD, CLEMENT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TOM OCONNOR (4400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7842District 02Field 90534325OilCasinghead gasSave Export

Value, all time

$511 k

Jan 1993 – Jun 2007

Value, last 12 filed months

at the published price for each month

Months reported

174

no gaps in the span

Streams

oil, casinghead gas

The TOM OCONNOR (4400) field

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 71 leases and 224 wells, and the rule below applies to all of them.

Discovered

1955-12-27

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.

Stream	Basis	Volume	Value
Oil	Disposition	16,467 bbl	$339,750
Casinghead gas	Production	56,249 Mcf	$171,052
Total			$510,802

13,743 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 (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 28.3776, -97.1623. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37763, -97.16231 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

7,800 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

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 7,800 ft.

Completions filed

May 2010

1 of 1 wells

1 well


42-39130231	22	7,800 ft	May 2010	—	Yes

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 (174)

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

174 months


Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	2	0	56.70	7.08	$113
Feb 2006	42	217	57.59	7.75	$4,101
Jan 2006	56	210	60.59	8.93	$5,269
Dec 2005	55	289	54.94	13.42	$6,899
Nov 2005	55	177	54.69	10.59	$4,882
Oct 2005	56	251	58.34	13.80	$6,730
Sep 2005	60	160	61.45	12.08	$5,620
Aug 2005	62	199	61.51	9.80	$5,763
Jul 2005	67	1,113	55.69	7.84	$12,461
Jun 2005	48	194	52.33	7.38	$3,944
May 2005	54	31	45.22	6.65	$2,648
Apr 2005	6	21	49.20	7.36	$450
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	14	221	24.66	4.14	$1,260
Oct 2002	101	276	26.46	4.23	$3,840
Sep 2002	110	1,069	27.44	3.64	$6,904
Aug 2002	136	1,098	25.96	3.16	$7,005
Jul 2002	130	809	24.58	3.06	$5,672
Jun 2002	134	942	23.73	3.34	$6,324
May 2002	153	992	24.66	3.58	$7,328
Apr 2002	172	855	23.65	3.51	$7,071
Mar 2002	171	911	22.00	3.10	$6,589
Feb 2002	157	1,382	18.22	2.38	$6,144
Jan 2002	167	577	17.17	2.38	$4,238
Dec 2001	167	1,134	16.93	2.36	$5,509
Nov 2001	168	701	18.07	2.41	$4,722
Oct 2001	113	381	19.78	2.53	$3,199
Sep 2001	161	940	24.26	2.25	$6,022
Aug 2001	185	1,595	24.87	3.05	$9,471
Jul 2001	161	788	23.93	3.20	$6,372
Jun 2001	156	1,318	24.56	3.82	$8,872
May 2001	160	769	25.52	4.31	$7,396
Apr 2001	150	616	24.68	5.34	$6,989
Mar 2001	132	815	24.54	5.38	$7,621
Feb 2001	154	720	27.75	5.77	$8,426
Jan 2001	172	1,042	27.47	8.40	$13,476
Dec 2000	106	964	26.88	9.12	$11,643
Nov 2000	185	1,091	32.21	5.66	$12,132
Oct 2000	194	1,692	31.23	5.15	$14,765
Sep 2000	172	1,022	31.87	5.19	$10,782
Aug 2000	160	675	29.64	4.54	$7,807
Jul 2000	148	298	28.53	4.09	$5,441
Jun 2000	165	1,435	29.30	4.40	$11,145
May 2000	165	959	27.26	3.68	$8,027
Apr 2000	156	910	24.51	3.12	$6,659
Mar 2000	172	646	28.42	2.86	$6,736
Feb 2000	424	377	27.62	2.73	$12,739
Jan 2000	22	1	25.27	2.48	$558
Dec 1999	0	228	24.28	2.42	$553
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	12	1	15.94	2.36	$194
May 1999	186	1	15.79	2.32	$2,939
Apr 1999	168	50	15.10	2.21	$2,647
Mar 1999	185	347	12.47	1.84	$2,945
Feb 1999	168	795	9.98	1.82	$3,122
Jan 1999	186	34	10.38	1.90	$1,995
Dec 1998	186	1	9.20	1.77	$1,713
Nov 1998	176	101	10.89	2.19	$2,137
Oct 1998	187	188	12.42	1.97	$2,693
Sep 1998	148	1,057	12.59	2.08	$4,065
Aug 1998	140	461	11.30	1.91	$2,461
Jul 1998	155	13	11.74	2.24	$1,849
Jun 1998	121	104	11.24	2.24	$1,593
May 1998	155	278	12.62	2.21	$2,569
Apr 1998	149	557	13.04	2.51	$3,338
Mar 1998	145	340	12.80	2.31	$2,641
Feb 1998	135	189	13.95	2.30	$2,318
Jan 1998	153	284	14.70	2.15	$2,861
Dec 1997	145	285	16.32	2.41	$3,054
Nov 1997	137	190	18.19	3.09	$3,079
Oct 1997	140	92	19.25	3.15	$2,985
Sep 1997	143	142	17.74	2.95	$2,956
Aug 1997	136	393	17.86	2.55	$3,433
Jul 1997	138	145	17.58	2.25	$2,752
Jun 1997	126	443	17.24	2.26	$3,172
May 1997	143	603	18.97	2.31	$4,105
Apr 1997	129	727	17.88	2.08	$3,821
Mar 1997	131	547	18.95	1.94	$3,543
Feb 1997	78	228	20.49	2.21	$2,101
Jan 1997	117	799	23.48	3.54	$5,575
Dec 1996	148	932	23.32	—	$3,451
Nov 1996	138	981	21.97	—	$3,032
Oct 1996	155	873	23.31	—	$3,613
Sep 1996	139	760	22.22	—	$3,089
Aug 1996	142	662	20.26	—	$2,877
Jul 1996	101	617	19.55	—	$1,975
Jun 1996	119	315	18.73	—	$2,229
May 1996	172	392	19.43	—	$3,342
Apr 1996	144	309	21.51	—	$3,097
Mar 1996	160	261	19.38	—	$3,101
Feb 1996	178	172	16.98	—	$3,022
Jan 1996	194	395	17.07	—	$3,312
Dec 1995	195	548	17.19	—	$3,352
Nov 1995	171	482	16.00	—	$2,736
Oct 1995	118	146	15.43	—	$1,821
Sep 1995	180	797	16.18	—	$2,912
Aug 1995	184	490	15.92	—	$2,929
Jul 1995	171	440	15.24	—	$2,606
Jun 1995	251	92	16.41	—	$4,119
May 1995	111	1	17.56	—	$1,949
Apr 1995	180	321	17.73	—	$3,191
Mar 1995	239	145	16.44	—	$3,929
Feb 1995	92	573	16.58	—	$1,525
Jan 1995	0	394	15.92	—	$0
Dec 1994	23	259	15.03	—	$346
Nov 1994	132	241	15.90	—	$2,099
Oct 1994	0	0	15.58	—	$0
Sep 1994	0	0	15.29	—	$0
Aug 1994	0	0	16.13	—	$0
Jul 1994	0	0	17.56	—	$0
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	72	1	14.14	—	$1,018
Mar 1994	20	1	12.46	—	$249
Feb 1994	30	136	12.50	—	$375
Jan 1994	109	1	12.66	—	$1,380
Dec 1993	119	24	12.33	—	$1,467
Nov 1993	103	310	14.49	—	$1,492
Oct 1993	135	377	15.85	—	$2,140
Sep 1993	120	134	15.03	—	$1,804
Aug 1993	126	254	15.66	—	$1,973
Jul 1993	207	297	15.46	—	$3,200
Jun 1993	290	129	16.79	—	$4,869
May 1993	310	164	17.68	—	$5,481
Apr 1993	312	1	18.05	—	$5,632
Mar 1993	137	63	18.14	—	$2,485
Feb 1993	112	252	17.90	—	$2,005
Jan 1993	154	1	16.93	—	$2,607

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.

Mar 2006 — as filed, then multipliedworked

Oil                    2 bbl  × $ 56.70 =       $113
Casinghead gas         0 Mcf  × $  7.08 =         $0

────────────────────────────────────────────────────
Month total                                     $113

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/7842 is the state's own key, not one this site invented.