OLD OCEAN UNIT

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

Gas lease lease 126737District 03Field 67011100CondensateGasSaveExport
Value, all time
$5.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, 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 173 leases and 262 wells, and the rule below applies to all of them.

Discovered
1936-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1976-10-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/97.

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
CondensateDisposition26,092 bbl$1,350,402
GasProduction1,848,842 Mcf$4,201,199
Total$5,551,600

860,143 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 29.0302, -95.7675. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03019, -95.76747 · 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
10,545 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 10,545 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-039028394510,545 ftApr 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 (401)

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

401 months

May 2026201,466106.413.05$6,593
Apr 2026201,47398.932.87$6,206
Mar 2026201,53489.753.15$6,626
Feb 2026211,48563.503.75$6,903
Jan 2026201,55959.138.00$13,651
Dec 2025201,60656.664.41$8,221
Nov 2025181,45758.593.93$6,775
Oct 2025191,46259.383.30$5,960
Sep 2025171,40362.743.08$5,384
Aug 2025171,52463.933.01$5,681
Jul 2025191,42866.743.32$6,002
Jun 2025201,40566.483.13$5,725
May 2025191,44760.553.23$5,828
Apr 2025211,43262.363.54$6,383
Mar 2025231,39967.704.27$7,528
Feb 2025231,15570.884.34$6,644
Jan 2025271,46074.324.28$8,254
Dec 2024251,37368.993.12$6,010
Nov 2024231,35069.052.20$4,556
Oct 2024221,40771.372.28$4,780
Sep 2024241,33669.612.36$4,829
Aug 2024251,34575.632.06$4,666
Jul 2024231,36179.932.15$4,760
Jun 2024241,31778.082.63$5,343
May 2024271,15678.812.20$4,669
Apr 2024281,42584.451.66$4,729
Mar 2024311,51380.301.55$4,827
Feb 2024291,46476.091.78$4,818
Jan 2024301,52273.023.30$7,210
Dec 2023341,61971.262.61$6,650
Nov 2023301,57377.892.81$6,753
Oct 2023291,23185.443.09$6,278
Sep 2023271,60189.042.74$6,783
Aug 2023321,53980.522.67$6,690
Jul 2023291,62074.852.64$6,450
Jun 2023311,64368.962.26$5,848
May 2023341,65270.622.23$6,081
Apr 2023361,62078.122.24$6,437
Mar 2023391,66472.852.39$6,823
Feb 2023361,61175.112.47$6,676
Jan 2023411,88776.533.39$9,530
Dec 2022351,60776.415.73$11,881
Nov 2022431,83285.005.65$13,999
Oct 2022441,89287.185.86$14,930
Sep 2022401,83984.888.16$18,408
Aug 2022431,81594.529.13$20,630
Jul 2022411,933101.587.54$18,744
Jun 2022381,866115.097.98$19,259
May 2022461,959109.378.43$21,551
Apr 2022451,892104.226.84$17,627
Mar 2022452,003108.885.08$15,068
Feb 2022421,87591.054.86$12,934
Jan 2022531,99181.844.54$13,372
Dec 2021461,87671.323.90$10,595
Nov 2021562,30777.435.24$16,417
Oct 2021241,09779.795.71$8,183
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 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
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 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 2017129745.373.00$938
Jul 20170043.873.09$0
Jun 201703742.493.09$114
May 2017412345.373.26$583
Apr 2017769447.933.21$2,564
Mar 2017857646.772.98$2,093
Feb 2017424950.452.95$937
Jan 2017834649.413.42$1,578
Dec 20161691048.763.72$4,168
Nov 20161152642.492.64$1,858
Oct 20162390346.193.09$3,853
Sep 20162890841.553.10$3,979
Aug 20162254541.442.92$2,505
Jul 20161861241.622.92$2,539
Jun 2016231,02045.352.69$3,783
May 2016853542.521.99$1,405
Apr 20161164436.561.99$1,684
Mar 20161376733.011.79$1,805
Feb 201634426.472.06$170
Jan 2016847927.352.36$1,351
Dec 20151389132.362.00$2,204
Nov 2015663838.792.17$1,616
Oct 20153043.552.43$131
Sep 20151163742.992.76$2,230
Aug 2015231,28540.162.87$4,615
Jul 20151265248.152.95$2,498
Jun 2015101,23656.152.88$4,125
May 2015869655.212.96$2,499
Apr 2015131,04149.822.71$3,465
Mar 2015101,16242.892.93$3,839
Feb 2015141,12644.662.98$3,976
Jan 2015151,12343.433.10$4,133
Dec 2014481,09854.693.59$6,568
Nov 2014736170.464.25$5,403
Oct 20145389378.303.90$7,633
Sep 201411294886.164.05$13,485
Aug 20141662,55389.394.04$25,140
Jul 20141982,14096.564.18$28,063
Jun 201428096898.164.74$32,070
May 20142212,37594.734.73$32,161
Apr 20143091,96795.944.81$39,105
Mar 20141703,28795.895.06$32,923
Feb 20142599,21197.406.19$82,261
Jan 20141782,19290.404.86$26,746
Dec 2013846491.824.35$7,992
Nov 2013934,27388.853.74$24,237
Oct 20131256,33297.423.78$36,108
Sep 20131655,774104.113.72$38,644
Aug 20131365,489104.253.52$33,514
Jul 2013904,177102.523.72$24,756
Jun 2013623,46694.403.93$19,486
May 2013953,61794.834.15$24,016
Apr 2013443,44493.964.28$18,883
Mar 20131194,33093.623.91$28,084
Feb 2013972,75791.233.42$18,278
Jan 20131032,74391.603.42$18,816
Dec 20121415,41586.773.42$30,755
Nov 20121513,79186.953.62$26,872
Oct 20121003,76589.383.40$21,738
Sep 2012752,99094.672.92$15,826
Aug 2012732,01092.662.91$12,610
Jul 2012841,06185.133.02$10,356
Jun 2012782,26579.822.52$11,932
May 201214082091.612.49$14,866
Apr 20121102,054101.652.00$15,283
Mar 20121172,267105.052.22$17,328
Feb 20121542,202101.102.57$21,229
Jan 20121802,13898.092.73$23,502
Dec 20111992,39996.873.24$27,049
Nov 2011982,89595.723.31$18,967
Oct 2011642,62184.983.65$15,002
Sep 2011742,55583.623.99$16,372
Aug 2011942,24783.404.15$17,163
Jul 20111073,64694.144.52$26,543
Jun 20111093,70792.904.64$27,326
May 20111184,58598.134.40$31,775
Apr 20111335,140105.964.33$36,366
Mar 20111023,60496.364.06$24,451
Feb 2011191,45785.644.18$7,717
Jan 2011645986.504.59$2,625
Dec 20101159085.734.35$3,508
Nov 2010352,26380.843.80$11,418
Oct 2010322,48278.103.51$11,208
Sep 2010161,81672.633.98$8,389
Aug 20101772973.684.42$4,474
Jul 20103362672.554.74$5,359
Jun 2010361,98270.364.91$12,265
May 2010942,47671.124.24$17,172
Apr 2010982,04081.694.12$16,416
Mar 20101465,79178.394.39$36,860
Feb 2010814,04673.585.44$27,980
Jan 20106862574.365.96$8,784
Dec 2009644,39071.445.48$28,646
Nov 20091283,44074.593.75$22,453
Oct 2009797,41672.544.11$36,212
Sep 2009434,31665.543.06$16,046
Aug 2009473,82567.423.22$15,480
Jul 2009323,53461.133.46$14,200
Jun 2009496,26666.163.90$27,648
May 20096910,88154.743.93$46,493
Apr 200911210,21746.773.59$41,892
Mar 200920310,95642.144.06$53,025
Feb 20091829,94332.814.63$52,037
Jan 20091158,59535.865.37$50,288
Dec 200812911,10237.105.98$71,144
Nov 200811711,25055.496.86$83,671
Oct 20082112,83175.246.92$90,396
Sep 20081979,302101.767.88$93,319
Aug 200824812,166114.228.48$131,531
Jul 200811112,270131.0811.39$154,298
Jun 200814511,707131.3313.03$171,616
May 2008975,833123.1711.57$79,460
Apr 2008371,985110.3110.45$24,834
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20081631290.388.21$4,006
Dec 2007231,21888.337.30$10,925
Nov 20072776291.677.29$8,031
Oct 2007571,41582.856.92$14,517
Sep 2007411,39275.846.24$11,801
Aug 2007461,43869.066.39$12,363
Jul 2007501,45470.906.39$12,833
Jun 2007401,40262.007.55$13,063
May 2007561,41258.747.85$14,368
Apr 2007431,33959.617.81$13,014
Mar 2007551,40056.927.30$13,353
Feb 2007461,26855.108.22$12,952
Jan 2007571,41950.306.73$12,413
Dec 2006641,44856.656.92$13,644
Nov 2006571,41554.207.62$13,868
Oct 2006611,57154.906.01$12,797
Sep 2006581,58460.085.04$11,464
Aug 2006401,63768.717.34$14,764
Jul 2006401,69269.376.34$13,507
Jun 2006361,54766.286.38$12,262
May 2006601,65866.016.42$14,613
Apr 2006591,64764.397.36$15,922
Mar 2006611,68556.707.08$15,393
Feb 2006511,45457.597.75$14,207
Jan 2006631,64060.598.93$18,468
Dec 2005651,64654.9413.42$25,653
Nov 2005441,64654.6910.59$19,835
Oct 2005352,05058.3413.80$30,323
Sep 2005441,81061.4512.08$24,567
Aug 2005742,15461.519.80$25,654
Jul 2005512,20055.697.84$20,096
Jun 2005412,13052.337.38$17,867
May 2005462,19945.226.65$16,706
Apr 2005241,45249.207.36$11,868
Mar 2005518750.377.15$1,590
Feb 2005828345.226.31$2,148
Jan 2005516343.166.32$1,246
Dec 2004528039.866.75$2,090
Nov 20041054645.286.33$3,909
Oct 2004221,17749.706.52$8,762
Sep 2004372,51243.245.28$14,873
Aug 2004382,57542.375.55$15,903
Jul 2004332,52438.286.08$16,620
Jun 2004402,41636.106.43$16,986
May 2004382,57537.486.49$18,148
Apr 2004362,52134.475.86$16,010
Mar 2004472,67534.365.53$16,408
Feb 2004422,88032.455.51$17,231
Jan 2004251,79932.036.30$12,134
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 200345026.314.75$1,184
Aug 20031542,09929.765.13$15,350
Jul 20032132,19429.415.17$17,609
Jun 20031672,23728.565.98$18,153
May 20032622,72526.595.97$23,242
Apr 20033162,91626.675.41$24,195
Mar 20032923,07331.146.10$27,826
Feb 20032833,57833.487.93$37,834
Jan 20032443,23430.315.58$25,448
Dec 2002763,06826.914.85$16,937
Nov 2002503,02924.664.14$13,764
Oct 20021393,17226.464.23$17,093
Sep 20023263,54527.443.64$21,832
Aug 20021424,08825.963.16$16,621
Jul 200204,26624.583.06$13,061
Jun 200206,28723.733.34$20,988
May 200204,65324.663.58$16,676
Apr 200203,58223.653.51$12,581
Mar 2002493,45222.003.10$11,789
Feb 20021712,49618.222.38$9,045
Jan 20023603,61017.172.38$14,757
Dec 20013383,74516.932.36$14,577
Nov 20013185,07918.072.41$17,964
Oct 20011223,91319.782.53$12,309
Sep 200104,09224.262.25$9,212
Aug 200124,67624.873.05$14,326
Jul 2001634,03723.933.20$14,414
Jun 2001864,90924.563.82$20,885
May 200105,74125.524.31$24,728
Apr 200104,20924.685.34$22,456
Mar 200101,58424.545.38$8,516
Feb 200101,29327.755.77$7,457
Jan 200104,28027.478.40$35,947
Dec 200003,74526.889.12$34,164
Nov 200003,10332.215.66$17,557
Oct 200002,06131.235.15$10,605
Sep 200014,55031.875.19$23,630
Aug 200066,13629.644.54$28,040
Jul 2000367,35828.534.09$31,119
Jun 20001768,32429.304.40$41,760
May 20003877,40027.263.68$37,780
Apr 20002,1885,52824.513.12$70,853
Mar 20001,9948,02028.422.86$79,605
Feb 20007968,86927.622.73$46,167
Jan 2000013,04425.272.48$32,356
Dec 1999013,80224.282.42$33,452
Nov 1999019,24423.192.43$46,840
Oct 1999012,10920.982.80$33,950
Sep 199907,34721.752.62$19,241
Aug 1999015,74019.262.88$45,262
Jul 1999016,16117.892.37$38,340
Jun 1999010,79815.942.36$25,506
May 199909,35315.792.32$21,709
Apr 1999010915.102.21$241
Mar 199903,42212.471.84$6,291
Feb 199904,6229.981.82$8,402
Jan 199905,33210.381.90$10,131
Dec 199803,9399.201.77$6,985
Nov 199804,75910.892.19$10,402
Oct 199805,13112.421.97$10,104
Sep 199866,17012.592.08$12,925
Aug 1998366,92911.301.91$13,623
Jul 1998707,22911.742.24$16,995
Jun 1998647,78111.242.24$18,128
May 1998697,23312.622.21$16,829
Apr 19981145,67313.042.51$15,699
Mar 1998635,67812.802.31$13,919
Feb 1998602,75313.952.30$7,167
Jan 19988532214.702.15$1,943
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19974514619.253.15$1,326
Sep 199710915617.742.95$2,395
Aug 1997551,54317.862.55$4,924
Jul 1997477,24617.582.25$17,108
Jun 199712010,60817.242.26$26,013
May 19976017,76118.972.31$42,139
Apr 199710513,18117.882.08$29,331
Mar 19979712,77818.951.94$26,616
Feb 199715112,02520.492.21$29,620
Jan 199711914,05723.483.54$52,552
Dec 199611914,68323.32$2,775
Nov 199613814,29921.97$3,032
Oct 199611614,97123.31$2,704
Sep 19967214,56822.22$1,600
Aug 19967514,60820.26$1,520
Jul 19968216,03219.55$1,603
Jun 19968215,36918.73$1,536
May 19969813,57319.43$1,904
Apr 19968313,44521.51$1,785
Mar 19969015,64719.38$1,744
Feb 199613115,75016.98$2,224
Jan 19967817,43317.07$1,331
Dec 199510216,84617.19$1,753
Nov 199512216,25316.00$1,952
Oct 19955015,45515.43$772
Sep 19958416,83816.18$1,359
Aug 19959617,99215.92$1,528
Jul 19958218,06615.24$1,250
Jun 19957413,82216.41$1,214
May 19954116,64417.56$720
Apr 19951122,05317.73$195
Mar 1995818,69416.44$132
Feb 1995913,22916.58$149
Jan 1995816,73115.92$127
Dec 19941515,43115.03$225
Nov 19941315,43115.90$207
Oct 1994815,43115.58$125
Sep 1994718,43715.29$107
Aug 19941918,01516.13$306
Jul 1994719,52117.56$123
Jun 1994719,52217.09$120
May 1994921,10715.88$143
Apr 1994818,65014.14$113
Mar 1994922,00012.46$112
Feb 19941117,63512.50$138
Jan 1994619,83812.66$76
Dec 1993619,35012.33$74
Nov 1993718,86914.49$101
Oct 1993818,08515.85$127
Sep 1993317,57615.03$45
Aug 1993620,37215.66$94
Jul 1993622,31815.46$93
Jun 1993722,02516.79$118
May 1993722,74117.68$124
Apr 1993723,18118.05$126
Mar 1993523,81718.14$91
Feb 1993722,79817.90$125
Jan 1993824,99216.93$135

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.

May 2026 — as filed, then multipliedworked
Condensate            20 bbl  × $106.41 =     $2,128
Gas                1,466 Mcf  × $  3.05 =     $4,465

────────────────────────────────────────────────────
Month total                                   $6,593

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/126737 is the state's own key, not one this site invented.