DAVIS, W.

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

Gas lease lease 148038District 03Field 75470490CondensateGasSaveExport
Value, all time
$2.5 M
Sep 1993 – Feb 2000
Value, last 12 filed months
$249 k
at the published price for each month
Months reported
78
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1990-07-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1993-07-19.

The Commission's schedule remark for this field reads: SURVEYS.

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
CondensateDisposition115,423 bbl$1,809,206
GasProduction1,242,526 Mcf$669,852
Total$2,479,059

959,142 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 29.9683, -94.7434. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.96828, -94.74344 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
12,383 ft
1 wells filed one
Completion to plug
7.4 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 12,383 ft.

Completions filed
Jul 2008
1 of 1 wells
Plug dates filed
Dec 2015
1 of 1 wells

Last completion to plug: a median of 7.4 years across the 1 well that filed both dates, with the middle half between 7.4 years and 7.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29132179112,383 ftJul 2008Dec 2015Yes

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 (78)

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

78 months

Feb 2000118027.622.73$3,259
Jan 20005493,15825.272.48$21,707
Dec 19995544,08224.282.42$23,345
Nov 19993674,11123.192.43$18,517
Oct 19993584,31020.982.80$19,595
Sep 19995394,57321.752.62$23,699
Aug 19995395,29319.262.88$25,602
Jul 19999125,47617.892.37$29,307
Jun 19993515,68115.942.36$19,014
May 19995315,73615.792.32$21,698
Apr 19997965,41815.102.21$23,983
Mar 19995686,71012.471.84$19,418
Feb 19995455,1389.981.82$14,779
Jan 19997257,14210.381.90$21,095
Dec 19985607,1289.201.77$17,792
Nov 19985366,94710.892.19$21,021
Oct 19989037,88512.421.97$26,742
Sep 19987347,94912.592.08$25,796
Aug 19985248,45811.301.91$22,054
Jul 19985618,36111.742.24$25,292
Jun 19986938,20811.242.24$26,153
May 19987158,76912.622.21$28,371
Apr 19985748,36113.042.51$28,432
Mar 19987578,10712.802.31$28,412
Feb 19989358,38513.952.30$32,321
Jan 19985718,74814.702.15$27,244
Dec 19979398,97116.322.41$36,954
Nov 19973919,29518.193.09$35,818
Oct 199790710,28719.253.15$49,862
Sep 19977538,27417.742.95$37,807
Aug 19977319,04617.862.55$36,166
Jul 199775310,77317.582.25$37,444
Jun 199793311,25917.242.26$41,499
May 199774610,28418.972.31$37,892
Apr 19979229,46717.882.08$36,203
Mar 19971,2499,83518.951.94$42,740
Feb 199794810,35620.492.21$42,269
Jan 199777211,40323.483.54$58,490
Dec 19961,13613,29823.32$26,492
Nov 19961953,04721.97$4,284
Oct 19965754,74123.31$13,403
Sep 19963768,07522.22$8,355
Aug 199696010,89220.26$19,450
Jul 199691212,10919.55$17,830
Jun 199689611,62918.73$16,782
May 199688412,39719.43$17,176
Apr 19961,30110,15221.51$27,985
Mar 199677511,80319.38$15,020
Feb 19961,25911,17016.98$21,378
Jan 19961,28011,99317.07$21,850
Dec 199592012,38717.19$15,815
Nov 19951,08912,37616.00$17,424
Oct 19951,07512,00615.43$16,587
Sep 19951,06912,70816.18$17,296
Aug 19951,05912,91515.92$16,859
Jul 19951,72216,42415.24$26,243
Jun 19951,26217,05816.41$20,709
May 19951,60319,33517.56$28,149
Apr 19951,75419,61017.73$31,098
Mar 19951,78520,74116.44$29,345
Feb 19951,97720,18016.58$32,779
Jan 19952,00024,37415.92$31,840
Dec 19942,07527,46015.03$31,187
Nov 19942,56326,28115.90$40,752
Oct 19942,09027,59515.58$32,562
Sep 19942,70134,06615.29$41,298
Aug 19942,56938,77416.13$41,438
Jul 19943,56040,15417.56$62,514
Jun 19943,24636,23817.09$55,474
May 19943,77342,67615.88$59,915
Apr 19944,42742,87414.14$62,598
Mar 19944,79945,28312.46$59,796
Feb 19944,36543,87112.50$54,563
Jan 19946,20157,29812.66$78,505
Dec 19936,91061,74712.33$85,200
Nov 19937,36061,03614.49$106,646
Oct 19934,99649,97415.85$79,187
Sep 19933652,39515.03$5,486

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.

Feb 2000 — as filed, then multipliedworked
Condensate           118 bbl  × $ 27.62 =     $3,259
Gas                    0 Mcf  × $  2.73 =         $0

────────────────────────────────────────────────────
Month total                                   $3,259

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/148038 is the state's own key, not one this site invented.