HEARD, CLEMENT

Name: HEARD, CLEMENT lease production and value, Nov 2004 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 (4600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8936District 02Field 90534375OilCasinghead gasSave Export

Value, all time

$7.6 M

Nov 2004 – Mar 2018

Value, last 12 filed months

$73 k

at the published price for each month

Months reported

161

no gaps in the span

Streams

oil, casinghead gas

The TOM OCONNOR (4600) 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 10 leases and 17 wells, and the rule below applies to all of them.

Discovered

1959-08-18

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	95,279 bbl	$7,185,508
Casinghead gas	Production	56,170 Mcf	$383,851
Total			$7,569,358

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 28.3771, -97.1491. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

28.37705, -97.14915 · 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%

2 of 2 wells

With a plug date

0.0%

0 of 2 wells

Median depth

4,739 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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

Between 4,677 and 4,800 ft, median 4,739 ft, over the 2 wells that filed a depth.

Completions filed

Jul 2014 – Sep 2017

2 of 2 wells

2 wells


42-39132631	37	4,800 ft	Sep 2017	—	Yes
42-39133060	39	4,677 ft	Jul 2014	—	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 (161)

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

161 months


Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	18	0	47.52	3.09	$855
Aug 2017	104	29	45.37	3.00	$4,806
Jul 2017	257	38	43.87	3.09	$11,392
Jun 2017	415	57	42.49	3.09	$17,809
May 2017	422	93	45.37	3.26	$19,450
Apr 2017	400	0	47.93	3.21	$19,172
Mar 2017	307	0	46.77	2.98	$14,358
Feb 2017	171	18	50.45	2.95	$8,680
Jan 2017	443	49	49.41	3.42	$22,056
Dec 2016	424	38	48.76	3.72	$20,816
Nov 2016	306	51	42.49	2.64	$13,137
Oct 2016	152	5	46.19	3.09	$7,036
Sep 2016	195	13	41.55	3.10	$8,143
Aug 2016	13	0	41.44	2.92	$539
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	3	0	45.35	2.69	$136
May 2016	14	13	42.52	1.99	$621
Apr 2016	35	38	36.56	1.99	$1,355
Mar 2016	56	61	33.01	1.79	$1,958
Feb 2016	119	41	26.47	2.06	$3,235
Jan 2016	123	91	27.35	2.36	$3,579
Dec 2015	128	109	32.36	2.00	$4,360
Nov 2015	117	126	38.79	2.17	$4,812
Oct 2015	108	94	43.55	2.43	$4,932
Sep 2015	130	4	42.99	2.76	$5,600
Aug 2015	109	13	40.16	2.87	$4,415
Jul 2015	1	0	48.15	2.95	$48
Jun 2015	20	0	56.15	2.88	$1,123
May 2015	41	7	55.21	2.96	$2,284
Apr 2015	38	3	49.82	2.71	$1,901
Mar 2015	46	0	42.89	2.93	$1,973
Feb 2015	101	0	44.66	2.98	$4,511
Jan 2015	143	0	43.43	3.10	$6,210
Dec 2014	143	0	54.69	3.59	$7,821
Nov 2014	67	0	70.46	4.25	$4,721
Oct 2014	252	0	78.30	3.90	$19,732
Sep 2014	130	0	86.16	4.05	$11,201
Aug 2014	150	0	89.39	4.04	$13,409
Jul 2014	298	0	96.56	4.18	$28,775
Jun 2014	420	0	98.16	4.74	$41,227
May 2014	540	0	94.73	4.73	$51,154
Apr 2014	224	0	95.94	4.81	$21,491
Mar 2014	275	0	95.89	5.06	$26,370
Feb 2014	216	0	97.40	6.19	$21,038
Jan 2014	264	0	90.40	4.86	$23,866
Dec 2013	175	0	91.82	4.35	$16,069
Nov 2013	218	0	88.85	3.74	$19,369
Oct 2013	245	0	97.42	3.78	$23,868
Sep 2013	185	0	104.11	3.72	$19,260
Aug 2013	225	0	104.25	3.52	$23,456
Jul 2013	221	0	102.52	3.72	$22,657
Jun 2013	192	0	94.40	3.93	$18,125
May 2013	220	0	94.83	4.15	$20,863
Apr 2013	222	0	93.96	4.28	$20,859
Mar 2013	263	282	93.62	3.91	$25,725
Feb 2013	328	132	91.23	3.42	$30,375
Jan 2013	415	169	91.60	3.42	$38,592
Dec 2012	528	109	86.77	3.42	$46,187
Nov 2012	583	69	86.95	3.62	$50,942
Oct 2012	685	110	89.38	3.40	$61,599
Sep 2012	711	156	94.67	2.92	$67,766
Aug 2012	778	204	92.66	2.91	$72,683
Jul 2012	740	181	85.13	3.02	$63,543
Jun 2012	768	116	79.82	2.52	$61,594
May 2012	760	190	91.61	2.49	$70,096
Apr 2012	896	77	101.65	2.00	$91,232
Mar 2012	904	193	105.05	2.22	$95,394
Feb 2012	688	159	101.10	2.57	$69,965
Jan 2012	748	182	98.09	2.73	$73,869
Dec 2011	840	154	96.87	3.24	$81,870
Nov 2011	788	134	95.72	3.31	$75,871
Oct 2011	792	251	84.98	3.65	$68,220
Sep 2011	858	336	83.62	3.99	$73,085
Aug 2011	945	295	83.40	4.15	$80,037
Jul 2011	987	304	94.14	4.52	$94,289
Jun 2011	1,003	354	92.90	4.64	$94,821
May 2011	995	445	98.13	4.40	$99,599
Apr 2011	1,007	403	105.96	4.33	$108,448
Mar 2011	1,182	600	96.36	4.06	$116,332
Feb 2011	1,138	735	85.64	4.18	$100,531
Jan 2011	1,373	923	86.50	4.59	$123,000
Dec 2010	1,461	642	85.73	4.35	$128,043
Nov 2010	1,320	403	80.84	3.80	$108,238
Oct 2010	1,624	186	78.10	3.51	$127,487
Sep 2010	1,912	80	72.63	3.98	$139,187
Aug 2010	962	72	73.68	4.42	$71,198
Jul 2010	351	18	72.55	4.74	$25,550
Jun 2010	338	28	70.36	4.91	$23,919
May 2010	328	82	71.12	4.24	$23,675
Apr 2010	322	45	81.69	4.12	$26,490
Mar 2010	418	0	78.39	4.39	$32,767
Feb 2010	434	0	73.58	5.44	$31,934
Jan 2010	561	44	74.36	5.96	$41,978
Dec 2009	502	476	71.44	5.48	$38,473
Nov 2009	529	449	74.59	3.75	$41,143
Oct 2009	620	472	72.54	4.11	$46,915
Sep 2009	746	546	65.54	3.06	$50,566
Aug 2009	634	578	67.42	3.22	$44,605
Jul 2009	482	683	61.13	3.46	$31,831
Jun 2009	666	452	66.16	3.90	$45,823
May 2009	638	517	54.74	3.93	$36,954
Apr 2009	777	464	46.77	3.59	$38,005
Mar 2009	784	580	42.14	4.06	$35,392
Feb 2009	936	427	32.81	4.63	$32,688
Jan 2009	753	457	35.86	5.37	$29,457
Dec 2008	998	316	37.10	5.98	$38,915
Nov 2008	1,125	315	55.49	6.86	$64,587
Oct 2008	1,309	355	75.24	6.92	$100,946
Sep 2008	1,018	552	101.76	7.88	$107,940
Aug 2008	1,143	563	114.22	8.48	$135,329
Jul 2008	1,360	456	131.08	11.39	$183,462
Jun 2008	1,372	372	131.33	13.03	$185,033
May 2008	1,241	432	123.17	11.57	$157,854
Apr 2008	1,235	444	110.31	10.45	$140,875
Mar 2008	1,106	455	101.90	9.66	$117,099
Feb 2008	1,566	622	92.53	8.77	$150,357
Jan 2008	1,575	646	90.38	8.21	$147,649
Dec 2007	1,523	1,473	88.33	7.30	$145,282
Nov 2007	1,620	656	91.67	7.29	$153,289
Oct 2007	1,264	520	82.85	6.92	$108,322
Sep 2007	62	353	75.84	6.24	$6,906
Aug 2007	296	280	69.06	6.39	$22,230
Jul 2007	421	428	70.90	6.39	$32,583
Jun 2007	494	404	62.00	7.55	$33,678
May 2007	432	238	58.74	7.85	$27,243
Apr 2007	336	198	59.61	7.81	$21,574
Mar 2007	383	184	56.92	7.30	$23,144
Feb 2007	358	185	55.10	8.22	$21,246
Jan 2007	451	2,003	50.30	6.73	$36,159
Dec 2006	489	307	56.65	6.92	$29,826
Nov 2006	434	3,125	54.20	7.62	$47,327
Oct 2006	396	527	54.90	6.01	$24,910
Sep 2006	407	947	60.08	5.04	$29,223
Aug 2006	367	527	68.71	7.34	$29,085
Jul 2006	521	987	69.37	6.34	$42,402
Jun 2006	513	512	66.28	6.38	$37,270
May 2006	620	713	66.01	6.42	$45,507
Apr 2006	725	171	64.39	7.36	$47,941
Mar 2006	753	155	56.70	7.08	$43,793
Feb 2006	681	464	57.59	7.75	$42,815
Jan 2006	759	1,369	60.59	8.93	$58,218
Dec 2005	791	913	54.94	13.42	$55,706
Nov 2005	776	1,205	54.69	10.59	$55,198
Oct 2005	868	1,216	58.34	13.80	$67,415
Sep 2005	960	1,505	61.45	12.08	$77,171
Aug 2005	988	1,099	61.51	9.80	$71,539
Jul 2005	1,106	1,564	55.69	7.84	$73,861
Jun 2005	891	756	52.33	7.38	$52,206
May 2005	1,055	1,178	45.22	6.65	$55,542
Apr 2005	1,140	1,529	49.20	7.36	$67,342
Mar 2005	1,333	868	50.37	7.15	$73,354
Feb 2005	1,355	1,959	45.22	6.31	$73,638
Jan 2005	1,416	874	43.16	6.32	$66,640
Dec 2004	1,777	1,545	39.86	6.75	$81,262
Nov 2004	1,828	1,750	45.28	6.33	$93,850

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 2017 — as filed, then multipliedworked

Oil                   18 bbl  × $ 47.52 =       $855
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                     $855

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/8936 is the state's own key, not one this site invented.