HARE, K. T.

Name: HARE, K. T. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by VIRTEX OPERATING COMPANY, INC. (P-5 886261) in the IOLA (WOODBINE 9700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 123437District 03Field 44640600NGPA filingCondensateGasSave Export

Value, all time

$1.3 M

Jan 1993 – Sep 2018

Value, last 12 filed months

at the published price for each month

Months reported

309

no gaps in the span

Streams

condensate, gas

The IOLA (WOODBINE 9700) 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1983-01-15

as the register files it

Field class

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: “ONE WELL FIELD EFF. 3-1-89”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
Condensate	Disposition	3,802 bbl	$135,727
Gas	Production	324,753 Mcf	$1,171,436
Total			$1,307,163

55,611 Mcf of this lease's gas, across 48 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 30.7584, -96.0518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.75845, -96.05183 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,500 ft

1 wells filed one

Completion to plug

29.7 years

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 10,500 ft.

Completions filed

Feb 1987

1 of 1 wells

Plug dates filed

Oct 2016

1 of 1 wells

Last completion to plug: a median of 29.7 years across the 1 well that filed both dates, with the middle half between 29.7 years and 29.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-18530400	1	10,500 ft	Feb 1987	Oct 2016	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 (309)

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

309 months


Sep 2018	0	0	59.54	3.11	$0
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
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	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	2	62	46.19	3.09	$284
Sep 2016	1	661	41.55	3.10	$2,091
Aug 2016	0	970	41.44	2.92	$2,837
Jul 2016	1	800	41.62	2.92	$2,381
Jun 2016	1	1,005	45.35	2.69	$2,745
May 2016	0	1,368	42.52	1.99	$2,724
Apr 2016	0	532	36.56	1.99	$1,059
Mar 2016	167	546	33.01	1.79	$6,492
Feb 2016	0	1,080	26.47	2.06	$2,229
Jan 2016	0	538	27.35	2.36	$1,272
Dec 2015	2	532	32.36	2.00	$1,129
Nov 2015	0	366	38.79	2.17	$793
Oct 2015	0	509	43.55	2.43	$1,235
Sep 2015	2	617	42.99	2.76	$1,788
Aug 2015	1	481	40.16	2.87	$1,422
Jul 2015	0	602	48.15	2.95	$1,773
Jun 2015	0	559	56.15	2.88	$1,612
May 2015	0	547	55.21	2.96	$1,617
Apr 2015	0	615	49.82	2.71	$1,665
Mar 2015	0	633	42.89	2.93	$1,858
Feb 2015	0	301	44.66	2.98	$896
Jan 2015	179	453	43.43	3.10	$9,179
Dec 2014	0	554	54.69	3.59	$1,990
Nov 2014	0	515	70.46	4.25	$2,190
Oct 2014	0	480	78.30	3.90	$1,872
Sep 2014	0	335	86.16	4.05	$1,355
Aug 2014	0	600	89.39	4.04	$2,421
Jul 2014	1	521	96.56	4.18	$2,274
Jun 2014	0	435	98.16	4.74	$2,061
May 2014	0	721	94.73	4.73	$3,408
Apr 2014	2	860	95.94	4.81	$4,328
Mar 2014	1	1,430	95.89	5.06	$7,327
Feb 2014	0	1,340	97.40	6.19	$8,297
Jan 2014	0	1,564	90.40	4.86	$7,602
Dec 2013	3	1,532	91.82	4.35	$6,947
Nov 2013	4	2,158	88.85	3.74	$8,423
Oct 2013	2	3,053	97.42	3.78	$11,733
Sep 2013	1	3,113	104.11	3.72	$11,677
Aug 2013	1	832	104.25	3.52	$3,035
Jul 2013	1	1,075	102.52	3.72	$4,099
Jun 2013	0	1,042	94.40	3.93	$4,099
May 2013	0	1,068	94.83	4.15	$4,431
Apr 2013	0	1,043	93.96	4.28	$4,467
Mar 2013	0	1,037	93.62	3.91	$4,058
Feb 2013	0	959	91.23	3.42	$3,280
Jan 2013	1	1,040	91.60	3.42	$3,648
Dec 2012	3	975	86.77	3.42	$3,595
Nov 2012	3	1,007	86.95	3.62	$3,911
Oct 2012	0	1,036	89.38	3.40	$3,522
Sep 2012	0	1,018	94.67	2.92	$2,971
Aug 2012	0	1,051	92.66	2.91	$3,056
Jul 2012	0	1,057	85.13	3.02	$3,193
Jun 2012	0	1,017	79.82	2.52	$2,562
May 2012	1	1,058	91.61	2.49	$2,724
Apr 2012	0	1,001	101.65	2.00	$1,999
Mar 2012	132	1,077	105.05	2.22	$16,260
Feb 2012	0	991	101.10	2.57	$2,547
Jan 2012	0	666	98.09	2.73	$1,821
Dec 2011	0	952	96.87	3.24	$3,084
Nov 2011	0	915	95.72	3.31	$3,030
Oct 2011	0	1,021	84.98	3.65	$3,725
Sep 2011	0	991	83.62	3.99	$3,950
Aug 2011	0	1,000	83.40	4.15	$4,149
Jul 2011	0	1,137	94.14	4.52	$5,136
Jun 2011	0	657	92.90	4.64	$3,048
May 2011	0	797	98.13	4.40	$3,511
Apr 2011	0	1,044	105.96	4.33	$4,524
Mar 2011	0	1,101	96.36	4.06	$4,467
Feb 2011	0	1,193	85.64	4.18	$4,987
Jan 2011	0	1,006	86.50	4.59	$4,616
Dec 2010	180	717	85.73	4.35	$18,549
Nov 2010	0	645	80.84	3.80	$2,448
Oct 2010	0	920	78.10	3.51	$3,228
Sep 2010	0	843	72.63	3.98	$3,355
Aug 2010	0	1,084	73.68	4.42	$4,791
Jul 2010	0	1,055	72.55	4.74	$4,997
Jun 2010	0	1,132	70.36	4.91	$5,559
May 2010	0	1,173	71.12	4.24	$4,968
Apr 2010	0	934	81.69	4.12	$3,851
Mar 2010	0	970	78.39	4.39	$4,257
Feb 2010	0	813	73.58	5.44	$4,425
Jan 2010	0	1,020	74.36	5.96	$6,083
Dec 2009	0	838	71.44	5.48	$4,595
Nov 2009	0	1,096	74.59	3.75	$4,112
Oct 2009	0	1,252	72.54	4.11	$5,146
Sep 2009	0	1,281	65.54	3.06	$3,926
Aug 2009	178	1,015	67.42	3.22	$15,268
Jul 2009	0	410	61.13	3.46	$1,420
Jun 2009	0	1,104	66.16	3.90	$4,300
May 2009	0	1,075	54.74	3.93	$4,220
Apr 2009	0	552	46.77	3.59	$1,980
Mar 2009	0	638	42.14	4.06	$2,590
Feb 2009	0	762	32.81	4.63	$3,530
Jan 2009	0	757	35.86	5.37	$4,066
Dec 2008	0	1,360	37.10	5.98	$8,129
Nov 2008	0	1,444	55.49	6.86	$9,906
Oct 2008	0	791	75.24	6.92	$5,475
Sep 2008	0	721	101.76	7.88	$5,679
Aug 2008	0	894	114.22	8.48	$7,584
Jul 2008	0	599	131.08	11.39	$6,822
Jun 2008	0	711	131.33	13.03	$9,266
May 2008	0	661	123.17	11.57	$7,651
Apr 2008	0	598	110.31	10.45	$6,252
Mar 2008	0	753	101.90	9.66	$7,277
Feb 2008	0	876	92.53	8.77	$7,683
Jan 2008	0	1,035	90.38	8.21	$8,493
Dec 2007	182	1,148	88.33	7.30	$24,459
Nov 2007	0	1,145	91.67	7.29	$8,349
Oct 2007	0	1,545	82.85	6.92	$10,694
Sep 2007	0	917	75.84	6.24	$5,726
Aug 2007	0	1,371	69.06	6.39	$8,758
Jul 2007	0	1,415	70.90	6.39	$9,039
Jun 2007	0	1,604	62.00	7.55	$12,108
May 2007	0	1,551	58.74	7.85	$12,170
Apr 2007	0	1,750	59.61	7.81	$13,659
Mar 2007	0	655	56.92	7.30	$4,783
Feb 2007	0	1,228	55.10	8.22	$10,089
Jan 2007	0	1,381	50.30	6.73	$9,290
Dec 2006	0	1,380	56.65	6.92	$9,547
Nov 2006	0	1,253	54.20	7.62	$9,545
Oct 2006	0	1,432	54.90	6.01	$8,612
Sep 2006	0	437	60.08	5.04	$2,201
Aug 2006	0	910	68.71	7.34	$6,679
Jul 2006	0	1,154	69.37	6.34	$7,320
Jun 2006	0	1,319	66.28	6.38	$8,420
May 2006	0	1,878	66.01	6.42	$12,066
Apr 2006	0	2,051	64.39	7.36	$15,096
Mar 2006	0	4,331	56.70	7.08	$30,676
Feb 2006	303	6,309	57.59	7.75	$66,352
Jan 2006	0	4,959	60.59	8.93	$44,300
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	146	42.37	5.55	$810
Jul 2004	0	56	38.28	6.08	$341
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	430	28.17	4.76	$2,047
Sep 2003	0	1,549	26.31	4.75	$7,357
Aug 2003	0	1,918	29.76	5.13	$9,839
Jul 2003	0	1,852	29.41	5.17	$9,576
Jun 2003	0	1,487	28.56	5.98	$8,897
May 2003	157	780	26.59	5.97	$8,833
Apr 2003	0	1,692	26.67	5.41	$9,149
Mar 2003	0	3,658	31.14	6.10	$22,299
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	844	24.66	4.14	$3,492
Oct 2002	0	1,687	26.46	4.23	$7,135
Sep 2002	0	1,547	27.44	3.64	$5,624
Aug 2002	0	1,411	25.96	3.16	$4,465
Jul 2002	0	1,791	24.58	3.06	$5,484
Jun 2002	0	1,289	23.73	3.34	$4,303
May 2002	0	1,518	24.66	3.58	$5,441
Apr 2002	0	1,933	23.65	3.51	$6,789
Mar 2002	0	2,413	22.00	3.10	$7,487
Feb 2002	0	1,212	18.22	2.38	$2,879
Jan 2002	0	1,511	17.17	2.38	$3,590
Dec 2001	0	2,314	16.93	2.36	$5,471
Nov 2001	0	1,579	18.07	2.41	$3,798
Oct 2001	0	1,411	19.78	2.53	$3,568
Sep 2001	0	1,411	24.26	2.25	$3,177
Aug 2001	0	1,660	24.87	3.05	$5,068
Jul 2001	0	1,660	23.93	3.20	$5,307
Jun 2001	0	1,669	24.56	3.82	$6,383
May 2001	0	1,633	25.52	4.31	$7,034
Apr 2001	0	1,633	24.68	5.34	$8,713
Mar 2001	0	1,637	24.54	5.38	$8,801
Feb 2001	0	1,815	27.75	5.77	$10,467
Jan 2001	0	2,053	27.47	8.40	$17,243
Dec 2000	0	1,562	26.88	9.12	$14,249
Nov 2000	0	1,724	32.21	5.66	$9,754
Oct 2000	0	2,054	31.23	5.15	$10,569
Sep 2000	0	2,084	31.87	5.19	$10,809
Aug 2000	0	1,966	29.64	4.54	$8,927
Jul 2000	0	1,940	28.53	4.09	$7,934
Jun 2000	0	1,714	29.30	4.40	$7,537
May 2000	0	1,617	27.26	3.68	$5,950
Apr 2000	0	1,729	24.51	3.12	$5,388
Mar 2000	0	1,920	28.42	2.86	$5,491
Feb 2000	168	1,920	27.62	2.73	$9,875
Jan 2000	0	1,897	25.27	2.48	$4,706
Dec 1999	0	1,798	24.28	2.42	$4,358
Nov 1999	0	2,068	23.19	2.43	$5,033
Oct 1999	0	2,197	20.98	2.80	$6,160
Sep 1999	130	2,310	21.75	2.62	$8,877
Aug 1999	0	2,370	19.26	2.88	$6,815
Jul 1999	0	2,306	17.89	2.37	$5,471
Jun 1999	0	2,289	15.94	2.36	$5,407
May 1999	0	2,311	15.79	2.32	$5,364
Apr 1999	0	3,516	15.10	2.21	$7,764
Mar 1999	0	3,277	12.47	1.84	$6,024
Feb 1999	130	2,675	9.98	1.82	$6,160
Jan 1999	0	2,171	10.38	1.90	$4,125
Dec 1998	0	1,492	9.20	1.77	$2,646
Nov 1998	0	1,791	10.89	2.19	$3,915
Oct 1998	0	1,431	12.42	1.97	$2,818
Sep 1998	0	942	12.59	2.08	$1,962
Aug 1998	0	2,148	11.30	1.91	$4,097
Jul 1998	0	1,158	11.74	2.24	$2,591
Jun 1998	0	637	11.24	2.24	$1,425
May 1998	0	796	12.62	2.21	$1,756
Apr 1998	104	650	13.04	2.51	$2,985
Mar 1998	0	1,176	12.80	2.31	$2,716
Feb 1998	0	1,256	13.95	2.30	$2,888
Jan 1998	0	2,015	14.70	2.15	$4,342
Dec 1997	0	1,904	16.32	2.41	$4,591
Nov 1997	0	839	18.19	3.09	$2,591
Oct 1997	0	750	19.25	3.15	$2,362
Sep 1997	0	1,150	17.74	2.95	$3,398
Aug 1997	95	694	17.86	2.55	$3,470
Jul 1997	0	816	17.58	2.25	$1,834
Jun 1997	0	1,179	17.24	2.26	$2,661
May 1997	0	1,026	18.97	2.31	$2,369
Apr 1997	0	554	17.88	2.08	$1,154
Mar 1997	0	934	18.95	1.94	$1,811
Feb 1997	0	411	20.49	2.21	$907
Jan 1997	0	275	23.48	3.54	$973
Dec 1996	0	1,141	23.32	—	$0
Nov 1996	178	1,004	21.97	—	$3,911
Oct 1996	0	1,064	23.31	—	$0
Sep 1996	0	1,147	22.22	—	$0
Aug 1996	0	1,070	20.26	—	$0
Jul 1996	0	692	19.55	—	$0
Jun 1996	0	1,180	18.73	—	$0
May 1996	0	838	19.43	—	$0
Apr 1996	179	1,021	21.51	—	$3,850
Mar 1996	0	679	19.38	—	$0
Feb 1996	0	743	16.98	—	$0
Jan 1996	0	1,205	17.07	—	$0
Dec 1995	0	929	17.19	—	$0
Nov 1995	0	1,133	16.00	—	$0
Oct 1995	180	1,092	15.43	—	$2,777
Sep 1995	3	955	16.18	—	$49
Aug 1995	0	1,135	15.92	—	$0
Jul 1995	0	695	15.24	—	$0
Jun 1995	2	1,165	16.41	—	$33
May 1995	181	933	17.56	—	$3,178
Apr 1995	0	909	17.73	—	$0
Mar 1995	0	867	16.44	—	$0
Feb 1995	0	1,413	16.58	—	$0
Jan 1995	0	1,064	15.92	—	$0
Dec 1994	1	1,565	15.03	—	$15
Nov 1994	180	1,509	15.90	—	$2,862
Oct 1994	2	959	15.58	—	$31
Sep 1994	0	1,224	15.29	—	$0
Aug 1994	3	1,195	16.13	—	$48
Jul 1994	2	974	17.56	—	$35
Jun 1994	192	1,124	17.09	—	$3,281
May 1994	2	1,392	15.88	—	$32
Apr 1994	4	1,212	14.14	—	$57
Mar 1994	2	1,054	12.46	—	$25
Feb 1994	2	1,835	12.50	—	$25
Jan 1994	0	1,451	12.66	—	$0
Dec 1993	1	1,251	12.33	—	$12
Nov 1993	182	1,414	14.49	—	$2,637
Oct 1993	1	1,370	15.85	—	$16
Sep 1993	1	989	15.03	—	$15
Aug 1993	0	893	15.66	—	$0
Jul 1993	179	1,636	15.46	—	$2,767
Jun 1993	0	768	16.79	—	$0
May 1993	3	1,406	17.68	—	$53
Apr 1993	0	1,192	18.05	—	$0
Mar 1993	2	1,545	18.14	—	$36
Feb 1993	181	1,529	17.90	—	$3,240
Jan 1993	0	2,050	16.93	—	$0

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.

Oct 2016 — as filed, then multipliedworked

Condensate             2 bbl  × $ 46.19 =        $92
Gas                   62 Mcf  × $  3.09 =       $192

────────────────────────────────────────────────────
Month total                                     $284

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. 03/G/123437 is the state's own key, not one this site invented.