HEARD, IRA "B"

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the TOM OCONNOR (4400) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9238District 02Field 90534325OilCasinghead gasSaveExport
Value, all time
$2.1 M
Jul 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
215
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 71 leases and 224 wells, and the rule below applies to all of them.

Discovered
1955-12-27
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.

StreamBasisVolumeValue
OilDisposition25,310 bbl$1,824,063
Casinghead gasProduction58,097 Mcf$250,554
Total$2,074,616

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
0.0%
0 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
00.0%
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.
1100.0%

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 2008

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 (215)

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

215 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022132085.005.65$11,220
Oct 2022119087.185.86$10,374
Sep 202251084.888.16$4,329
Aug 202212094.529.13$1,134
Jul 2022830101.587.54$8,431
Jun 2022140115.097.98$1,611
May 2022220109.378.43$2,406
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 202118060.362.76$1,086
Mar 202127061.302.72$1,655
Feb 20210057.805.55$0
Jan 20211050.412.81$50
Dec 2020107044.642.68$4,776
Nov 20200038.772.71$0
Oct 202022136.972.48$126
Sep 20201037.091.99$37
Aug 202068039.982.39$2,719
Jul 20200038.371.83$0
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 20191046.033.23$46
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 201876063.842.90$4,852
Mar 2018355061.222.79$21,733
Feb 20181961.782.77$87
Jan 2018915662.874.01$1,191
Dec 201781057.272.92$4,639
Nov 2017126055.423.12$6,983
Oct 2017126049.292.98$6,211
Sep 20172047.523.09$95
Aug 2017162045.373.00$7,350
Jul 2017180043.873.09$7,897
Jun 2017113042.493.09$4,801
May 2017111045.373.26$5,036
Apr 2017118047.933.21$5,656
Mar 2017251046.772.98$11,739
Feb 20172631150.452.95$13,301
Jan 201712914849.413.42$6,880
Dec 20161256648.763.72$6,341
Nov 20161855542.492.64$8,006
Oct 20161038546.193.09$5,020
Sep 2016129041.553.10$5,360
Aug 2016213041.442.92$8,827
Jul 201610712341.622.92$4,813
Jun 2016208045.352.69$9,433
May 20161137342.521.99$4,950
Apr 2016843036.561.99$3,131
Mar 20162075233.011.79$6,926
Feb 20161614026.472.06$4,344
Jan 201614124627.352.36$4,438
Dec 201531329132.362.00$10,711
Nov 201511948038.792.17$5,656
Oct 201522996543.552.43$12,315
Sep 20159625542.992.76$4,830
Aug 201514865740.162.87$7,831
Jul 201520632248.152.95$10,867
Jun 201520068156.152.88$13,193
May 20159641755.212.96$6,533
Apr 201522815549.822.71$11,778
Mar 2015182042.892.93$7,806
Feb 2015216044.662.98$9,647
Jan 2015120043.433.10$5,212
Dec 20141171354.693.59$6,445
Nov 2014170070.464.25$11,978
Oct 2014723978.303.90$5,790
Sep 20141023386.164.05$8,922
Aug 20141032289.394.04$9,296
Jul 20141685196.564.18$16,435
Jun 20141203698.164.74$11,950
May 20141851494.734.73$17,591
Apr 2014188895.944.81$18,075
Mar 2014220395.895.06$21,111
Feb 20141361397.406.19$13,327
Jan 20142121990.404.86$19,257
Dec 2013215191.824.35$19,746
Nov 2013161388.853.74$14,316
Oct 2013168397.423.78$16,378
Sep 20131202104.113.72$12,501
Aug 20131850104.253.52$19,286
Jul 2013990102.523.72$10,149
Jun 2013191094.403.93$18,030
May 2013189094.834.15$17,923
Apr 2013136093.964.28$12,779
Mar 2013138693.623.91$12,943
Feb 20131663491.233.42$15,260
Jan 20131124291.603.42$10,403
Dec 2012604386.773.42$5,353
Nov 2012734886.953.62$6,521
Oct 20121785589.383.40$16,097
Sep 20121624294.672.92$15,459
Aug 2012854192.662.91$7,995
Jul 2012334585.133.02$2,945
Jun 20121195379.822.52$9,632
May 20129313691.612.49$8,858
Apr 2012133124101.652.00$13,767
Mar 2012103102105.052.22$11,047
Feb 201212087101.102.57$12,356
Jan 20121351498.092.73$13,280
Dec 2011303396.873.24$29,361
Nov 20111021795.723.31$9,820
Oct 20113409684.983.65$29,243
Sep 20114811883.623.99$4,484
Aug 201114914183.404.15$13,012
Jul 20112598494.144.52$24,762
Jun 20112456492.904.64$23,057
May 20112207298.134.40$21,906
Apr 201166998105.964.33$71,312
Mar 201131415196.364.06$30,870
Feb 201129018185.644.18$25,592
Jan 201141321086.504.59$36,688
Dec 201028521585.734.35$25,368
Nov 201027215380.843.80$22,569
Oct 20104415,47278.103.51$53,643
Sep 20102845,75072.633.98$43,509
Aug 20104305,96473.684.42$58,039
Jul 20102825,98572.554.74$48,807
Jun 20104405,36370.364.91$57,293
May 20104694,59871.124.24$52,829
Apr 20103222,74381.694.12$37,613
Mar 2010518078.394.39$40,606
Feb 2010357073.585.44$26,268
Jan 20102972,99674.365.96$39,953
Dec 2009376071.445.48$26,861
Nov 2009371074.593.75$27,673
Oct 2009188072.544.11$13,638
Sep 2009180065.543.06$11,797
Aug 2009153067.423.22$10,315
Jul 2009274061.133.46$16,750
Jun 20093723,50966.163.90$38,279
May 20094302,75154.743.93$34,338
Apr 200937473846.773.59$20,140
Mar 200932260942.144.06$16,041
Feb 200930524932.814.63$11,161
Jan 200917556135.865.37$9,289
Dec 200866065337.105.98$28,389
Nov 200818667855.496.86$14,972
Oct 200837438375.246.92$30,791
Sep 2008551345101.767.88$58,787
Aug 2008457409114.228.48$55,668
Jul 2008156268131.0811.39$23,501

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.

Nov 2022 — as filed, then multipliedworked
Oil                  132 bbl  × $ 85.00 =    $11,220
Casinghead gas         0 Mcf  × $  5.65 =         $0

────────────────────────────────────────────────────
Month total                                  $11,220

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/9238 is the state's own key, not one this site invented.