HEARD, IRA "B"

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TOM OCONNOR (5900 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8793District 02Field 90534875OilCasinghead gasSaveExport
Value, all time
$1.1 M
May 2003 – Oct 2008
Value, last 12 filed months
$131
at the published price for each month
Months reported
66
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 27 leases and 362 wells, and the rule below applies to all of them.

Discovered
1961-03-01
as the register files it
Field class
Oil
the register's own label
Between wells
0 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 2020-10-20.

The Commission's schedule remark for this field reads: SPECIAL HORIZ. LANGUAGE (TAKE POINTS)

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
OilDisposition12,039 bbl$377,667
Casinghead gasProduction129,012 Mcf$742,734
Total$1,120,401

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 28.3887, -97.1600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.38873, -97.16003 · 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
0.0%
0 of 1 wells
Median depth
6,750 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 6,750 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-39130211156,750 ftJul 2008Yes

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 (66)

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

66 months

Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200810131.0811.39$131
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20072082.856.92$166
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007024870.906.39$1,584
Jun 20070062.007.55$0
May 20072058.747.85$117
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 200610056.656.92$567
Nov 20060054.207.62$0
Oct 200626054.906.01$1,427
Sep 20060060.085.04$0
Aug 200604,43568.717.34$32,553
Jul 2006096169.376.34$6,095
Jun 20060066.286.38$0
May 2006150066.016.42$9,902
Apr 2006095264.397.36$7,007
Mar 20061522,12856.707.08$23,691
Feb 200603,61657.597.75$28,028
Jan 200601,85360.598.93$16,553
Dec 20050354.9413.42$40
Nov 2005532354.6910.59$3,142
Oct 2005058058.3413.80$8,002
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200591055.697.84$5,068
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050149.207.36$7
Mar 20051712,26650.377.15$24,826
Feb 200515,92545.226.31$37,443
Jan 200544,22943.166.32$26,909
Dec 20041895,05239.866.75$41,640
Nov 200416,27745.286.33$39,781
Oct 200421,96249.706.52$12,882
Sep 20041441,78643.245.28$15,664
Aug 20041201,61042.375.55$14,021
Jul 200443,16838.286.08$19,428
Jun 20041381,83836.106.43$16,806
May 20042642,55637.486.49$26,495
Apr 200452,26034.475.86$13,412
Mar 200425244134.365.53$11,098
Feb 200413772832.455.51$8,457
Jan 200423288132.036.30$12,981
Dec 200325161530.266.30$11,471
Nov 20031605,88028.804.60$31,628
Oct 200329810,62928.174.76$58,985
Sep 200359618,74126.314.75$104,689
Aug 20031,61513,48829.765.13$117,252
Jul 20032,61916,35729.415.17$161,604
Jun 20034,1676,64528.565.98$158,766
May 200318287826.595.97$10,083

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 2008 — as filed, then multipliedworked
Oil                    1 bbl  × $131.08 =       $131
Casinghead gas         0 Mcf  × $ 11.39 =         $0

────────────────────────────────────────────────────
Month total                                     $131

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/8793 is the state's own key, not one this site invented.