LONG

Operated by HEADWATERS ENERGY PARTNERS, LLC (P-5 370086) in the FRED LONG (HOCKLEY 3850) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8849District 02Field 32811300OilCasinghead gasSaveExport
Value, all time
$2.5 M
Feb 2004 – Jun 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
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 26 leases and 32 wells, and the rule below applies to all of them.

Discovered
1987-09-06
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: AOF-1 AND AOF-2 EFFECTIVE 03/01/99.

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
OilDisposition32,738 bbl$2,325,018
Casinghead gasProduction36,489 Mcf$164,013
Total$2,489,031

Wells on this lease (2)

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 28.4094, -97.8861. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

28.40939, -97.88609 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
4,151 ft
2 wells filed one
Completion to plug
7.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 3,990 and 4,312 ft, median 4,151 ft, over the 2 wells that filed a depth.

Completions filed
Feb 2004 – Mar 2011
2 of 2 wells
Plug dates filed
Dec 2012 – Dec 2017
2 of 2 wells

Last completion to plug: a median of 7.8 years across the 2 wells that filed both dates, with the middle half between 7.3 years and 8.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-02533697154,312 ftMar 2011Dec 2017Yes
42-0253324063,990 ftFeb 2004Dec 2012Yes

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 (197)

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

197 months

Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 201154096.364.06$5,203
Feb 2011684,56485.644.18$24,901
Jan 20111021,69086.504.59$16,578
Dec 20102002,09785.734.35$26,263
Nov 20102322,11380.843.80$26,774
Oct 20102402,79478.103.51$28,548
Sep 20102733,29972.633.98$32,956
Aug 20102514,70173.684.42$39,269
Jul 20103505,56972.554.74$51,770
Jun 20105023,46270.364.91$52,321
May 20101653,33071.124.24$25,838
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009489066.163.90$32,352
May 2009483054.743.93$26,439
Apr 2009650046.773.59$30,401
Mar 20091,130042.144.06$47,618
Feb 2009486032.814.63$15,946
Jan 2009825035.865.37$29,585
Dec 2008163037.105.98$6,047
Nov 2008643055.496.86$35,680
Oct 2008787075.246.92$59,214
Sep 20086850101.767.88$69,706
Aug 20088150114.228.48$93,089
Jul 20089720131.0811.39$127,410
Jun 20086490131.3313.03$85,233
May 20088050123.1711.57$99,152
Apr 20088150110.3110.45$89,903
Mar 20086460101.909.66$65,827
Feb 2008684092.538.77$63,291
Jan 2008670090.388.21$60,555
Dec 2007515088.337.30$45,490
Nov 2007645091.677.29$59,127
Oct 2007648082.856.92$53,687
Sep 2007498075.846.24$37,768
Aug 2007676069.066.39$46,685
Jul 2007676070.906.39$47,928
Jun 2007649062.007.55$40,238
May 2007643058.747.85$37,770
Apr 2007492059.617.81$29,328
Mar 2007482056.927.30$27,435
Feb 2007480055.108.22$26,448
Jan 2007481050.306.73$24,194
Dec 2006619056.656.92$35,066
Nov 2006321054.207.62$17,398
Oct 2006489054.906.01$26,846
Sep 2006643060.085.04$38,631
Aug 2006485068.717.34$33,324
Jul 2006486069.376.34$33,714
Jun 2006477066.286.38$31,616
May 2006482066.016.42$31,817
Apr 2006476064.397.36$30,650
Mar 2006485056.707.08$27,500
Feb 2006488057.597.75$28,104
Jan 2006589060.598.93$35,688
Dec 2005498054.9413.42$27,360
Nov 2005498054.6910.59$27,236
Oct 2005325058.3413.80$18,961
Sep 2005325061.4512.08$19,971
Aug 2005473061.519.80$29,094
Jul 2005476055.697.84$26,508
Jun 2005483052.337.38$25,275
May 200516040845.226.65$9,949
Apr 200516451349.207.36$11,845
Mar 200532232250.377.15$18,523
Feb 200516433045.226.31$9,499
Jan 200516626043.166.32$8,808
Dec 200434733139.866.75$16,066
Nov 2004014145.286.33$893
Oct 20040049.706.52$0
Sep 200463043.245.28$2,724
Aug 20040042.375.55$0
Jul 2004151938.286.08$5,835
Jun 20041671136.106.43$6,099
May 2004686437.486.49$2,964
Apr 200403334.475.86$193
Mar 200412926034.365.53$5,870
Feb 2004018832.455.51$1,036

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 2011 — as filed, then multipliedworked
Oil                   54 bbl  × $ 96.36 =     $5,203
Casinghead gas         0 Mcf  × $  4.06 =         $0

────────────────────────────────────────────────────
Month total                                   $5,203

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/8849 is the state's own key, not one this site invented.