LENTZ

Operated by HART PETROLEUM SERVICES, INC (P-5 362869) in the ELOISE (6430) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7860District 02Field 28658862OilCasinghead gasSaveExport
Value, all time
$365 k
Feb 1993 – Mar 1997
Value, last 12 filed months
$822
at the published price for each month
Months reported
50
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1993-02-13
as the register files it
Field class
Oil
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
OilDisposition21,162 bbl$365,179
Casinghead gasProduction38,010 Mcf$0
Total$365,179

38,010 Mcf of this lease's gas, across 23 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 28.7252, -96.8578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.72525, -96.85780 · 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
6,912 ft
1 wells filed one
Completion to plug
3.6 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 6,912 ft.

Completions filed
Sep 1992
1 of 1 wells
Plug dates filed
Apr 1996
1 of 1 wells

Last completion to plug: a median of 3.6 years across the 1 well that filed both dates, with the middle half between 3.6 years and 3.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693292816,912 ftSep 1992Apr 1996Yes

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 (50)

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

50 months

Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 199637022.22$822
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 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 199516738616.41$2,740
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 1995065615.92$0
Dec 19941781,47815.03$2,675
Nov 1994098015.90$0
Oct 199416971615.58$2,633
Sep 199417392715.29$2,645
Aug 19941791,25116.13$2,887
Jul 199401017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 1994042014.14$0
Mar 199418112012.46$2,255
Feb 1994053312.50$0
Jan 19941861,48212.66$2,355
Dec 199318644812.33$2,293
Nov 199317941714.49$2,594
Oct 199317766315.85$2,805
Sep 199335560215.03$5,336
Aug 19939111,65015.66$14,266
Jul 19931,2473,33115.46$19,279
Jun 19932,4945,19216.79$41,874
May 19933,7295,91117.68$65,929
Apr 19934,0403,82718.05$72,922
Mar 19934,9714,30418.14$90,174
Feb 19931,6032,70617.90$28,694

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.

Sep 1996 — as filed, then multipliedworked
Oil                   37 bbl  × $ 22.22 =       $822
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $822

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/7860 is the state's own key, not one this site invented.