HITCHCOCK UNIT

Operated by SAGE ENERGY COMPANY (P-5 743215) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 173767District 03Field 34773550CondensateGasSaveExport
Value, all time
$106 k
Jul 1999 – Jun 2003
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
48
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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

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
CondensateDisposition762 bbl$21,008
GasProduction19,645 Mcf$84,799
Total$105,807

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 30.5567, -96.5769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.55674, -96.57690 · 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
0.0%
0 of 1 wells
Median depth
8,332 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
1100.0%
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.
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 8,332 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-0513252718,332 ftJul 2003Yes

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 (48)

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

48 months

Jun 20033811,52628.565.98$20,011
May 20033791,78326.595.97$20,727
Apr 200301,23026.675.41$6,651
Mar 2003035231.146.10$2,146
Feb 2003034433.487.93$2,727
Jan 2003039830.315.58$2,222
Dec 2002041226.914.85$2,000
Nov 2002040824.664.14$1,688
Oct 2002043726.464.23$1,848
Sep 2002037427.443.64$1,360
Aug 2002039425.963.16$1,247
Jul 2002036124.583.06$1,105
Jun 2002037623.733.34$1,255
May 2002037024.663.58$1,326
Apr 2002035523.653.51$1,247
Mar 2002048422.003.10$1,502
Feb 2002049718.222.38$1,181
Jan 2002037217.172.38$884
Dec 2001039616.932.36$936
Nov 2001040418.072.41$972
Oct 2001026619.782.53$673
Sep 2001023324.262.25$525
Aug 2001119524.873.05$620
Jul 2001021923.933.20$700
Jun 2001029224.563.82$1,117
May 2001035525.524.31$1,529
Apr 2001034224.685.34$1,825
Mar 2001136824.545.38$2,003
Feb 2001028127.755.77$1,621
Jan 2001023127.478.40$1,940
Dec 2000020926.889.12$1,907
Nov 2000031532.215.66$1,782
Oct 2000053431.235.15$2,748
Sep 2000019931.875.19$1,032
Aug 2000018429.644.54$836
Jul 2000019728.534.09$806
Jun 2000020929.304.40$919
May 2000025827.263.68$949
Apr 2000026624.513.12$829
Mar 2000028828.422.86$824
Feb 2000027827.622.73$758
Jan 2000031125.272.48$771
Dec 1999035024.282.42$848
Nov 1999037323.192.43$908
Oct 1999042620.982.80$1,194
Sep 1999039821.752.62$1,042
Aug 1999036419.262.88$1,047
Jul 1999043117.892.37$1,022

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.

Jun 2003 — as filed, then multipliedworked
Condensate           381 bbl  × $ 28.56 =    $10,881
Gas                1,526 Mcf  × $  5.98 =     $9,130

────────────────────────────────────────────────────
Month total                                  $20,011

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/173767 is the state's own key, not one this site invented.