HANCOCK

Operated by GEODOMINION PETROLEUM (P-5 300405) in the AVO GRANDE (YEGUA 6800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174214District 03Field 00243100CondensateGasSaveExport
Value, all time
$2.9 M
Aug 1999 – Apr 2002
Value, last 12 filed months
$358 k
at the published price for each month
Months reported
33
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1991-02-13
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: AOF-1 AND AOF-2 EFFECTIVE 12/01/2000.

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
CondensateDisposition15,273 bbl$374,682
GasProduction687,243 Mcf$2,557,195
Total$2,931,877

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 29.2537, -96.5583. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.25366, -96.55832 · 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
7,160 ft
1 wells filed one
Completion to plug
2.8 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 7,160 ft.

Completions filed
Aug 1999
1 of 1 wells
Plug dates filed
May 2002
1 of 1 wells

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4813412227,160 ftAug 1999May 2002Yes

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 (33)

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

33 months

Apr 20020023.653.51$0
Mar 200267022.003.10$1,474
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20011737,08016.932.36$19,669
Nov 200106,64918.072.41$15,994
Oct 2001012,90719.782.53$32,640
Sep 200118916,89824.262.25$42,628
Aug 2001016,64224.873.05$50,811
Jul 2001015,32323.933.20$48,989
Jun 200115917,04324.563.82$69,080
May 200118316,77725.524.31$76,934
Apr 200129316,49524.685.34$95,237
Mar 200118714,60224.545.38$83,096
Feb 200134021,11927.755.77$131,230
Jan 200137318,95027.478.40$169,403
Dec 200036522,46226.889.12$214,721
Nov 200031120,47832.215.66$125,882
Oct 200019521,27731.235.15$115,571
Sep 200017013,36231.875.19$74,720
Aug 200020216,31729.644.54$80,079
Jul 200039623,35628.534.09$106,818
Jun 200047622,57829.304.40$113,228
May 200031421,86127.263.68$89,003
Apr 200067725,94824.513.12$97,447
Mar 20001,01937,46728.422.86$136,106
Feb 200065738,96027.622.73$124,371
Jan 200095439,16825.272.48$121,264
Dec 19991,36147,38624.282.42$147,895
Nov 19991,53845,99323.192.43$147,613
Oct 19991,70944,94620.982.80$161,870
Sep 19992,01244,78021.752.62$161,033
Aug 199995320,41919.262.88$77,072

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.

Mar 2002 — as filed, then multipliedworked
Condensate            67 bbl  × $ 22.00 =     $1,474
Gas                    0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $1,474

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/174214 is the state's own key, not one this site invented.