HEARD, F.V.W. "B"

Operated by CTR PETROLEUM, INC. (P-5 191850) in the REFUGIO HEARD (6300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7982District 02Field 75626950OilCasinghead gasSaveExport
Value, all time
$378 k
Aug 1994 – Dec 2003
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
113
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
1950-03-17
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. 6-1-81 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
OilDisposition13,104 bbl$254,223
Casinghead gasProduction82,958 Mcf$123,634
Total$377,858

46,414 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 28.3020, -97.2949. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30204, -97.29487 · 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
23 months
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
May 2007
1 of 1 wells
Plug dates filed
Apr 2009
1 of 1 wells

Last completion to plug: a median of 23 months across the 1 well that filed both dates, with the middle half between 23 months and 23 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39131440226,812 ftMay 2007Apr 2009Yes

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 (113)

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

113 months

Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20036612026.595.97$2,472
Apr 20037241226.675.41$4,148
Mar 20039533031.146.10$4,970
Feb 20032533033.487.93$3,453
Jan 200362730.315.58$1,918
Dec 20024221826.914.85$2,188
Nov 20028129724.664.14$3,226
Oct 20027133926.464.23$3,312
Sep 20027023927.443.64$2,790
Aug 20024620225.963.16$1,833
Jul 20029440624.583.06$3,554
Jun 20026432423.733.34$2,600
May 20021420324.663.58$1,073
Apr 20028727323.653.51$3,016
Mar 20029246322.003.10$3,461
Feb 20024030018.222.38$1,442
Jan 20028344917.172.38$2,492
Dec 20018448016.932.36$2,557
Nov 20018543718.072.41$2,587
Oct 20015432119.782.53$1,880
Sep 2001976724.262.25$2,504
Aug 20017941624.873.05$3,235
Jul 20017964223.933.20$3,943
Jun 20017415024.563.82$2,391
May 20017813625.524.31$2,576
Apr 20017658324.685.34$4,986
Mar 20017566424.545.38$5,410
Feb 20018060927.755.77$5,732
Jan 20018752027.478.40$6,757
Dec 20009078026.889.12$9,535
Nov 20008667732.215.66$6,601
Oct 20009167731.235.15$6,325
Sep 20008371931.875.19$6,374
Aug 200012471129.644.54$6,904
Jul 20008755828.534.09$4,764
Jun 20008759829.304.40$5,179
May 20008770327.263.68$4,958
Apr 20007586124.513.12$4,521
Mar 2000631,00928.422.86$4,676
Feb 20008388027.622.73$4,692
Jan 200022191825.272.48$7,862
Dec 1999787824.282.42$2,083
Nov 19996488123.192.43$3,629
Oct 19996138020.982.80$2,345
Sep 19996035421.752.62$2,232
Aug 19999132119.262.88$2,676
Jul 19997524517.892.37$1,923
Jun 1999758715.942.36$1,401
May 19999310815.792.32$1,719
Apr 19994521915.102.21$1,163
Mar 19999362012.471.84$2,299
Feb 1999814539.981.82$1,632
Jan 19998046910.381.90$1,721
Dec 19981075719.201.77$1,997
Nov 199814262310.892.19$2,908
Oct 19989552212.421.97$2,208
Sep 19988921212.592.08$1,562
Aug 19988553011.301.91$1,971
Jul 19989356011.742.24$2,345
Jun 19989260011.242.24$2,376
May 19989115512.622.21$1,490
Apr 19989132513.042.51$2,001
Mar 19989337312.802.31$2,052
Feb 19988519113.952.30$1,625
Jan 199810024814.702.15$2,004
Dec 199712866416.322.41$3,690
Nov 19977160018.193.09$3,144
Oct 199710762019.253.15$4,013
Sep 199712387017.742.95$4,753
Aug 199713983717.862.55$4,621
Jul 199716241917.582.25$3,789
Jun 199710849117.242.26$2,970
May 19978155418.972.31$2,815
Apr 199710778317.882.08$3,544
Mar 199710863818.951.94$3,284
Feb 199713168220.492.21$4,189
Jan 19973241,23323.483.54$11,972
Dec 19963641,58323.32$8,488
Nov 19961751,85621.97$3,845
Oct 199617678523.31$4,103
Sep 1996176022.22$3,911
Aug 199617589720.26$3,546
Jul 19961801,12519.55$3,519
Jun 19961821,30818.73$3,409
May 19961721,49019.43$3,342
Apr 19961761,51821.51$3,786
Mar 19961801,26219.38$3,488
Feb 19961821,22116.98$3,090
Jan 19961781,32117.07$3,038
Dec 19953591,53817.19$6,171
Nov 19951672,54216.00$2,672
Oct 199517398015.43$2,669
Sep 19951741,08016.18$2,815
Aug 19951781,00715.92$2,834
Jul 1995045515.24$0
Jun 19951791,45516.41$2,937
May 19953541,26717.56$6,216
Apr 19951721,20917.73$3,050
Mar 19951721,38516.44$2,828
Feb 19951711,82916.58$2,835
Jan 19953385,10115.92$5,381
Dec 19943445,53015.03$5,170
Nov 19943481,44815.90$5,533
Oct 19943451,64815.58$5,375
Sep 19943431,87015.29$5,244
Aug 1994941,70416.13$1,516

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 2003 — as filed, then multipliedworked
Oil                   66 bbl  × $ 26.59 =     $1,755
Casinghead gas       120 Mcf  × $  5.97 =       $717

────────────────────────────────────────────────────
Month total                                   $2,472

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/7982 is the state's own key, not one this site invented.