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 135848District 03Field 67011100CondensateGasSaveExport
Value, all time
$12.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition34,820 bbl$1,592,118
GasProduction4,221,014 Mcf$11,305,717
Total$12,897,835

1,615,169 Mcf of this lease's gas, across 40 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 29.0461, -95.7086. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04605, -95.70864 · 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
10,688 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 10,688 ft.

Completions filed
Nov 2011
1 of 1 wells

1 well

42-0390402015310,688 ftNov 2011

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 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 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
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 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 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 20112096.873.24$194
Nov 2011875595.723.31$3,266
Oct 201127384.983.65$436
Sep 20111183.623.99$88
Aug 201113683.404.15$233
Jul 201116094.144.52$365
Jun 20111192.904.64$98
May 20111198.134.40$103
Apr 201121105.964.33$216
Mar 201182096.364.06$852
Feb 2011451385.644.18$2,487
Jan 201113586.504.59$247
Dec 201027185.734.35$480
Nov 201065280.843.80$682
Oct 2010222578.103.51$1,806
Sep 201081072.633.98$621
Aug 201026773.684.42$443
Jul 2010716472.554.74$1,285
Jun 2010111370.364.91$838
May 201019871.124.24$1,385
Apr 2010423481.694.12$3,571
Mar 20101041,40778.394.39$14,327
Feb 20109557473.585.44$10,114
Jan 2010909774.365.96$7,271
Dec 20098512,09371.445.48$72,387
Nov 20091549,15574.593.75$45,832
Oct 200914711,23972.544.11$56,858
Sep 200913112,99065.543.06$48,397
Aug 200917814,59967.423.22$58,988
Jul 200910213,85661.133.46$54,239
Jun 200910212,98766.163.90$57,333
May 20097712,12454.743.93$51,811
Apr 200912911,77246.773.59$48,265
Mar 200924213,03242.144.06$63,095
Feb 200922912,47032.814.63$65,287
Jan 20091067,94635.865.37$46,479
Dec 200815813,58037.105.98$87,031
Nov 200813513,01655.496.86$96,786
Oct 20081810,83975.246.92$76,382
Sep 20081939,760101.767.88$96,520
Aug 200824011,754114.228.48$127,122
Jul 200811012,186131.0811.39$153,210
Jun 200814011,306131.3313.03$165,733
May 200827711,980123.1711.57$172,778
Apr 200814512,013110.3110.45$141,589
Mar 200825412,900101.909.66$150,549
Feb 200822711,47392.538.77$121,629
Jan 200826512,18990.388.21$123,970
Dec 200725111,66488.337.30$107,341
Nov 200743712,47891.677.29$131,046
Oct 200755413,82582.856.92$141,595
Sep 200740413,65075.846.24$115,872
Aug 200743313,45869.066.39$115,872
Jul 200748213,98770.906.39$123,522
Jun 200740614,31662.007.55$133,236
May 200751313,05958.747.85$132,598
Apr 200742913,43959.617.81$130,467
Mar 200758914,94856.927.30$142,676
Feb 200738210,48555.108.22$107,193
Jan 200750312,50650.306.73$109,427
Dec 200657613,08056.656.92$123,124
Nov 200647511,89054.207.62$116,317
Oct 200656414,58454.906.01$118,669
Sep 200642711,69060.085.04$84,539
Aug 200632513,43768.717.34$120,957
Jul 200629212,33969.376.34$98,519
Jun 200628612,29866.286.38$97,465
May 200661616,97566.016.42$149,727
Apr 200648213,53164.397.36$130,631
Mar 200643111,94356.707.08$109,029
Feb 200635810,17157.597.75$99,454
Jan 200646512,16060.598.93$136,804
Dec 200547312,05954.9413.42$187,763
Nov 200528110,44654.6910.59$125,974
Oct 200517310,24958.3413.80$151,486
Sep 20052148,75561.4512.08$118,902
Aug 200535710,36461.519.80$123,494
Jul 200526911,61255.697.84$106,061
Jun 200520310,57352.337.38$88,663
May 200527813,20045.226.65$100,366
Apr 200520712,68149.207.36$103,523
Mar 200533613,02050.377.15$110,081
Feb 200537610,58345.226.31$83,802
Jan 200524911,89743.166.32$85,962
Dec 200418810,70939.866.75$79,791
Nov 200419012,36245.286.33$86,860
Oct 2004765,33949.706.52$38,561
Sep 2004643,02843.245.28$18,767
Aug 20041216,72842.375.55$42,472
Jul 200416711,39438.286.08$75,716
Jun 20041488,39336.106.43$59,335
May 20041378,82437.486.49$62,443
Apr 20041055,96934.475.86$38,589
Mar 200419510,71334.365.53$65,945
Feb 200416610,60732.455.51$63,827
Jan 200418810,95232.036.30$75,015
Dec 200320811,82430.266.30$80,805
Nov 200319111,46128.804.60$58,166
Oct 200318611,71028.174.76$60,975
Sep 200317210,59626.314.75$54,850
Aug 200315811,48229.765.13$63,602
Jul 200319911,01929.415.17$62,830
Jun 200314110,04028.565.98$64,096
May 200321312,58126.595.97$80,806
Apr 200324611,52126.675.41$68,858
Mar 200321714,00431.146.10$92,126
Feb 200322411,06433.487.93$95,191
Jan 200322711,50630.315.58$71,107
Dec 200223911,99126.914.85$64,633
Nov 200217212,89524.664.14$57,588
Oct 200220611,57826.464.23$54,416
Sep 200217711,64427.443.64$47,185
Aug 200212112,08825.963.16$41,390
Jul 200219412,47024.583.06$42,949
Jun 200215311,83923.733.34$43,152
May 200215910,64824.663.58$42,083
Apr 200216713,33623.653.51$50,790
Mar 20021605,95622.003.10$22,000
Feb 20021175,41618.222.38$14,998
Jan 20021708,39317.172.38$22,858
Dec 200118911,53716.932.36$30,478
Nov 200118014,43018.072.41$37,964
Oct 2001612,60219.782.53$31,988
Sep 2001114,71824.262.25$33,159
Aug 2001315,80524.873.05$48,330
Jul 200126615,02323.933.20$54,395
Jun 200174714,43024.563.82$73,529
May 20011,14615,47625.524.31$95,906
Apr 200190512,43824.685.34$88,696
Mar 200177011,83224.545.38$82,510
Feb 2001011,13227.755.77$64,199
Jan 2001014,30927.478.40$120,178
Dec 2000013,90326.889.12$126,830
Nov 2000013,51432.215.66$76,462
Oct 2000013,33831.235.15$68,631
Sep 2000014,15331.875.19$73,405
Aug 2000015,70829.644.54$71,326
Jul 2000015,20628.534.09$62,189
Jun 2000015,27129.304.40$67,150
May 2000013,53527.263.68$49,805
Apr 2000013,20424.513.12$41,144
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 2000024,31625.272.48$60,316
Dec 1999025,72924.282.42$62,360
Nov 1999024,89223.192.43$60,587
Oct 1999023,01120.982.80$64,516
Sep 199908,95421.752.62$23,449
Aug 1999023,00219.262.88$66,145
Jul 1999031,86017.892.37$75,584
Jun 1999018,28715.942.36$43,196
May 1999019,08715.792.32$44,301
Apr 1999025,25115.102.21$55,755
Mar 1999022,45312.471.84$41,276
Feb 1999023,3589.981.82$42,460
Jan 1999019,42510.381.90$36,907
Dec 1998022,1349.201.77$39,251
Nov 1998028,81210.892.19$62,975
Oct 1998019,76012.421.97$38,912
Sep 1998032,16612.592.08$66,990
Aug 1998041,31111.301.91$78,795
Jul 1998042,35011.742.24$94,748
Jun 199809,90411.242.24$22,158
May 199840633,55112.622.21$79,149
Apr 199858829,77413.042.51$82,261
Mar 199838131,62312.802.31$77,908
Feb 199829731,22913.952.30$75,943
Jan 199841358,26814.702.15$131,626
Dec 199738536,41516.322.41$94,083
Nov 199732236,91418.193.09$119,857
Oct 199722435,98819.253.15$117,668
Sep 199752820,42817.742.95$69,729
Aug 199725933,14117.862.55$89,292
Jul 199720036,97117.582.25$86,588
Jun 199741144,02117.242.26$106,450
May 19979681,40218.972.31$189,738
Apr 19973457,24617.882.08$119,839
Mar 19973242,17618.951.94$82,392
Feb 19974955,15420.492.21$122,668
Jan 19973853,20923.483.54$189,236
Dec 19963886,71923.32$886
Nov 19964486,58221.97$967
Oct 19963872,23823.31$886
Sep 19962356,67322.22$511
Aug 19962492,36120.26$486
Jul 19962755,58219.55$528
Jun 19962631,92818.73$487
May 19963232,40419.43$622
Apr 19962729,90121.51$581
Mar 19962933,68319.38$562
Feb 19964234,53416.98$713
Jan 19962537,14817.07$427
Dec 19953335,44917.19$567
Nov 19954037,84916.00$640
Oct 19951636,35915.43$247
Sep 19952934,45216.18$469
Aug 19953537,07115.92$557
Jul 19953538,13315.24$533
Jun 19954337,16516.41$706
May 19954238,62017.56$738
Apr 199560017.73$1,064
Mar 199548016.44$789
Feb 199517116.58$282
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 199448016.13$774
Jul 1994032,70517.56$0
Jun 19943332,70517.09$564
May 19944036,01215.88$635
Apr 19943230,67514.14$452
Mar 19944634,66912.46$573
Feb 19945736,10412.50$713
Jan 19943039,72312.66$380
Dec 19933237,27012.33$395
Nov 19934238,17714.49$609
Oct 19934339,52215.85$682
Sep 19931337,24215.03$195
Aug 19932435,21715.66$376
Jul 19932733,26915.46$417
Jun 19932733,22116.79$453
May 19933035,09717.68$530
Apr 19932733,86618.05$487
Mar 19931935,76118.14$345
Feb 19932533,34417.90$448
Jan 19933435,73816.93$576

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.

Dec 2011 — as filed, then multipliedworked
Condensate             2 bbl  × $ 96.87 =       $194
Gas                    0 Mcf  × $  3.24 =         $0

────────────────────────────────────────────────────
Month total                                     $194

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/135848 is the state's own key, not one this site invented.