OLD OCEAN UNIT

Name: OLD OCEAN UNIT lease production and value, Aug 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 204028District 03Field 67011900CondensateGasSave Export

Value, all time

$101.3 M

Aug 2004 – May 2026

Value, last 12 filed months

$523 k

at the published price for each month

Months reported

262

no gaps in the span

Streams

condensate, gas

The OLD OCEAN (LARSEN) field

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 162 leases and 164 wells, and the rule below applies to all of them.

Discovered

1941-02-17

as the register files it

Field class

Oil and 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: “SUSPENDED 11-19-79”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	285,015 bbl	$18,945,298
Gas	Production	13,966,640 Mcf	$82,329,016
Total			$101,274,314

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 29.0389, -95.7415. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03894, -95.74146 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,830 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 10,830 ft.

Completions filed

Oct 2009

1 of 1 wells

1 well


42-03932845	244	10,830 ft	Oct 2009	—	—

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 (262)

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

262 months


May 2026	133	9,966	106.41	3.05	$44,507
Apr 2026	127	9,213	98.93	2.87	$39,003
Mar 2026	116	9,214	89.75	3.15	$39,430
Feb 2026	73	5,247	63.50	3.75	$24,313
Jan 2026	73	5,201	59.13	8.00	$45,914
Dec 2025	119	9,323	56.66	4.41	$47,888
Nov 2025	147	11,854	58.59	3.93	$55,157
Oct 2025	157	12,156	59.38	3.30	$49,496
Sep 2025	139	11,313	62.74	3.08	$43,530
Aug 2025	136	12,374	63.93	3.01	$45,999
Jul 2025	152	11,400	66.74	3.32	$47,938
Jun 2025	134	9,900	66.48	3.13	$39,883
May 2025	109	8,380	60.55	3.23	$33,687
Apr 2025	135	9,140	62.36	3.54	$40,803
Mar 2025	156	9,212	67.70	4.27	$49,881
Feb 2025	173	8,926	70.88	4.34	$51,009
Jan 2025	175	9,314	74.32	4.28	$52,858
Dec 2024	172	9,564	68.99	3.12	$41,719
Nov 2024	152	9,074	69.05	2.20	$30,444
Oct 2024	143	9,049	71.37	2.28	$30,850
Sep 2024	161	8,939	69.61	2.36	$32,342
Aug 2024	138	10,467	75.63	2.06	$32,037
Jul 2024	2	80	79.93	2.15	$332
Jun 2024	6	234	78.08	2.63	$1,085
May 2024	22	933	78.81	2.20	$3,785
Apr 2024	27	1,513	84.45	1.66	$4,791
Mar 2024	19	977	80.30	1.55	$3,035
Feb 2024	2	83	76.09	1.78	$300
Jan 2024	0	0	73.02	3.30	$0
Dec 2023	9	365	71.26	2.61	$1,594
Nov 2023	15	819	77.89	2.81	$3,468
Oct 2023	9	425	85.44	3.09	$2,081
Sep 2023	2	76	89.04	2.74	$386
Aug 2023	25	1,445	80.52	2.67	$5,875
Jul 2023	2	75	74.85	2.64	$348
Jun 2023	16	660	68.96	2.26	$2,594
May 2023	42	2,129	70.62	2.23	$7,708
Apr 2023	22	999	78.12	2.24	$3,954
Mar 2023	7	223	72.85	2.39	$1,044
Feb 2023	79	2,615	75.11	2.47	$12,381
Jan 2023	318	14,745	76.53	3.39	$74,288
Dec 2022	258	11,541	76.41	5.73	$85,833
Nov 2022	366	15,079	85.00	5.65	$116,249
Oct 2022	457	19,766	87.18	5.86	$155,744
Sep 2022	416	19,015	84.88	8.16	$190,542
Aug 2022	462	20,201	94.52	9.13	$228,046
Jul 2022	279	14,001	101.58	7.54	$133,937
Jun 2022	151	7,120	115.09	7.98	$74,176
May 2022	394	15,985	109.37	8.43	$177,894
Apr 2022	527	22,392	104.22	6.84	$208,031
Mar 2022	520	23,406	108.88	5.08	$175,436
Feb 2022	463	20,729	91.05	4.86	$142,875
Jan 2022	597	22,236	81.84	4.54	$149,758
Dec 2021	538	22,078	71.32	3.90	$124,455
Nov 2021	555	22,074	77.43	5.24	$158,572
Oct 2021	537	22,799	79.79	5.71	$173,118
Sep 2021	409	21,244	69.86	5.35	$142,248
Aug 2021	500	22,524	66.02	4.22	$128,075
Jul 2021	504	21,920	70.78	3.98	$122,960
Jun 2021	423	18,722	69.49	3.38	$92,686
May 2021	546	22,871	63.48	3.02	$103,677
Apr 2021	541	21,614	60.36	2.76	$92,275
Mar 2021	524	23,827	61.30	2.72	$96,858
Feb 2021	407	19,379	57.80	5.55	$131,038
Jan 2021	598	28,301	50.41	2.81	$109,679
Dec 2020	590	24,894	44.64	2.68	$92,941
Nov 2020	510	22,374	38.77	2.71	$80,330
Oct 2020	588	23,276	36.97	2.48	$79,426
Sep 2020	529	22,248	37.09	1.99	$63,917
Aug 2020	566	22,944	39.98	2.39	$77,352
Jul 2020	481	20,323	38.37	1.83	$55,548
Jun 2020	594	22,436	34.90	1.69	$58,654
May 2020	374	19,758	16.92	1.81	$42,184
Apr 2020	588	23,560	14.75	1.80	$51,184
Mar 2020	755	31,117	30.34	1.86	$80,667
Feb 2020	771	32,504	49.88	1.98	$102,837
Jan 2020	782	33,407	57.25	2.09	$114,748
Dec 2019	804	34,971	59.01	2.30	$128,030
Nov 2019	738	33,907	55.30	2.75	$134,079
Oct 2019	719	34,000	53.47	2.42	$120,675
Sep 2019	651	30,710	55.05	2.66	$117,443
Aug 2019	656	32,094	53.11	2.30	$108,796
Jul 2019	687	31,823	56.27	2.46	$116,944
Jun 2019	747	28,078	52.78	2.49	$109,375
May 2019	749	29,415	58.48	2.74	$124,408
Apr 2019	759	26,421	62.63	2.75	$120,212
Mar 2019	778	28,348	56.80	3.06	$130,995
Feb 2019	721	26,148	50.85	2.79	$109,674
Jan 2019	817	29,606	46.03	3.23	$133,180
Dec 2018	1,134	30,538	46.59	4.19	$180,648
Nov 2018	849	27,809	52.93	4.24	$162,771
Oct 2018	783	28,468	61.44	3.40	$144,844
Sep 2018	442	29,750	59.54	3.11	$118,780
Aug 2018	811	30,521	59.40	3.07	$141,768
Jul 2018	687	30,363	65.14	2.93	$133,772
Jun 2018	813	29,443	60.18	3.08	$139,520
May 2018	852	30,279	65.38	2.90	$143,537
Apr 2018	511	30,510	63.84	2.90	$121,126
Mar 2018	883	29,703	61.22	2.79	$136,835
Feb 2018	473	27,077	61.78	2.77	$104,120
Jan 2018	872	30,044	62.87	4.01	$175,279
Dec 2017	733	25,992	57.27	2.92	$117,915
Nov 2017	803	24,390	55.42	3.12	$120,559
Oct 2017	527	25,849	49.29	2.98	$103,101
Sep 2017	579	20,262	47.52	3.09	$90,069
Aug 2017	595	20,010	45.37	3.00	$87,113
Jul 2017	640	28,623	43.87	3.09	$116,444
Jun 2017	636	28,227	42.49	3.09	$114,168
May 2017	842	29,578	45.37	3.26	$134,726
Apr 2017	595	28,002	47.93	3.21	$118,450
Mar 2017	866	29,010	46.77	2.98	$127,059
Feb 2017	680	24,389	50.45	2.95	$106,317
Jan 2017	825	30,344	49.41	3.42	$144,503
Dec 2016	722	27,619	48.76	3.72	$138,026
Nov 2016	722	26,583	42.49	2.64	$100,973
Oct 2016	716	22,942	46.19	3.09	$103,969
Sep 2016	556	23,896	41.55	3.10	$97,194
Aug 2016	673	26,512	41.44	2.92	$105,419
Jul 2016	479	25,072	41.62	2.92	$93,255
Jun 2016	533	25,941	45.35	2.69	$93,845
May 2016	723	28,389	42.52	1.99	$87,266
Apr 2016	876	28,149	36.56	1.99	$88,072
Mar 2016	797	27,038	33.01	1.79	$74,815
Feb 2016	883	26,813	26.47	2.06	$78,705
Jan 2016	817	30,629	27.35	2.36	$94,763
Dec 2015	908	31,814	32.36	2.00	$93,056
Nov 2015	536	29,875	38.79	2.17	$85,540
Oct 2015	780	31,979	43.55	2.43	$111,569
Sep 2015	519	32,361	42.99	2.76	$111,577
Aug 2015	679	33,398	40.16	2.87	$123,204
Jul 2015	674	33,438	48.15	2.95	$130,931
Jun 2015	606	33,516	56.15	2.88	$130,649
May 2015	814	35,694	55.21	2.96	$150,433
Apr 2015	978	39,095	49.82	2.71	$154,537
Mar 2015	729	41,683	42.89	2.93	$153,594
Feb 2015	894	36,866	44.66	2.98	$149,646
Jan 2015	782	41,071	43.43	3.10	$161,308
Dec 2014	751	38,444	54.69	3.59	$179,138
Nov 2014	1,173	40,534	70.46	4.25	$254,994
Oct 2014	607	43,180	78.30	3.90	$215,972
Sep 2014	613	38,712	86.16	4.05	$209,423
Aug 2014	615	36,548	89.39	4.04	$202,450
Jul 2014	363	35,782	96.56	4.18	$184,606
Jun 2014	796	33,361	98.16	4.74	$236,162
May 2014	639	37,670	94.73	4.73	$238,582
Apr 2014	590	35,957	95.94	4.81	$229,526
Mar 2014	718	37,824	95.89	5.06	$260,117
Feb 2014	738	33,475	97.40	6.19	$279,158
Jan 2014	770	37,471	90.40	4.86	$251,744
Dec 2013	904	37,516	91.82	4.35	$246,368
Nov 2013	605	36,199	88.85	3.74	$189,076
Oct 2013	680	37,301	97.42	3.78	$207,220
Sep 2013	713	35,129	104.11	3.72	$204,831
Aug 2013	711	37,364	104.25	3.52	$205,741
Jul 2013	859	36,523	102.52	3.72	$223,848
Jun 2013	451	32,861	94.40	3.93	$171,830
May 2013	684	39,114	94.83	4.15	$227,151
Apr 2013	154	12,597	93.96	4.28	$68,418
Mar 2013	671	38,144	93.62	3.91	$212,072
Feb 2013	585	36,370	91.23	3.42	$177,752
Jan 2013	388	22,228	91.60	3.42	$111,559
Dec 2012	779	36,281	86.77	3.42	$191,681
Nov 2012	856	35,682	86.95	3.62	$203,775
Oct 2012	769	36,190	89.38	3.40	$191,768
Sep 2012	773	35,839	94.67	2.92	$177,772
Aug 2012	540	33,270	92.66	2.91	$146,791
Jul 2012	827	35,024	85.13	3.02	$176,203
Jun 2012	1,006	32,962	79.82	2.52	$163,332
May 2012	812	33,625	91.61	2.49	$158,057
Apr 2012	796	33,647	101.65	2.00	$148,100
Mar 2012	937	35,875	105.05	2.22	$178,149
Feb 2012	810	33,416	101.10	2.57	$167,778
Jan 2012	774	34,148	98.09	2.73	$169,285
Dec 2011	780	34,696	96.87	3.24	$187,965
Nov 2011	803	37,437	95.72	3.31	$200,828
Oct 2011	870	38,445	84.98	3.65	$214,201
Sep 2011	796	37,840	83.62	3.99	$217,384
Aug 2011	841	39,311	83.40	4.15	$233,253
Jul 2011	899	44,242	94.14	4.52	$284,484
Jun 2011	1,027	42,045	92.90	4.64	$290,492
May 2011	981	45,231	98.13	4.40	$295,500
Apr 2011	1,083	45,195	105.96	4.33	$310,597
Mar 2011	1,244	48,172	96.36	4.06	$315,322
Feb 2011	842	42,282	85.64	4.18	$248,847
Jan 2011	1,189	53,559	86.50	4.59	$348,619
Dec 2010	1,254	55,529	85.73	4.35	$348,932
Nov 2010	1,204	55,940	80.84	3.80	$309,642
Oct 2010	1,330	57,888	78.10	3.51	$306,996
Sep 2010	1,524	61,889	72.63	3.98	$356,974
Aug 2010	1,697	66,391	73.68	4.42	$418,441
Jul 2010	1,801	70,015	72.55	4.74	$462,288
Jun 2010	1,300	70,304	70.36	4.91	$436,689
May 2010	1,851	76,171	71.12	4.24	$454,244
Apr 2010	1,574	78,170	81.69	4.12	$450,851
Mar 2010	1,904	81,809	78.39	4.39	$508,287
Feb 2010	1,692	71,696	73.58	5.44	$514,693
Jan 2010	2,040	61,435	74.36	5.96	$518,098
Dec 2009	1,733	77,730	71.44	5.48	$550,057
Nov 2009	2,078	77,082	74.59	3.75	$444,171
Oct 2009	1,859	78,140	72.54	4.11	$456,027
Sep 2009	1,333	75,419	65.54	3.06	$318,505
Aug 2009	2,186	84,173	67.42	3.22	$418,291
Jul 2009	1,916	89,125	61.13	3.46	$425,899
Jun 2009	2,684	88,931	66.16	3.90	$523,960
May 2009	445	89,798	54.74	3.93	$376,884
Apr 2009	3,534	90,921	46.77	3.59	$491,464
Mar 2009	1,051	100,075	42.14	4.06	$450,494
Feb 2009	3,979	93,124	32.81	4.63	$561,994
Jan 2009	843	107,674	35.86	5.37	$608,547
Dec 2008	4,339	108,875	37.10	5.98	$811,738
Nov 2008	816	113,114	55.49	6.86	$821,283
Oct 2008	1,707	119,671	75.24	6.92	$956,795
Sep 2008	509	86,603	101.76	7.88	$733,975
Aug 2008	3,942	106,955	114.22	8.48	$1,357,557
Jul 2008	1,045	111,141	131.08	11.39	$1,402,811
Jun 2008	5,096	108,164	131.33	13.03	$2,078,919
May 2008	111	115,842	123.17	11.57	$1,354,461
Apr 2008	4,040	115,245	110.31	10.45	$1,650,523
Mar 2008	430	119,104	101.90	9.66	$1,194,846
Feb 2008	3,024	107,313	92.53	8.77	$1,221,008
Jan 2008	1,587	124,447	90.38	8.21	$1,164,612
Dec 2007	2,559	118,942	88.33	7.30	$1,094,547
Nov 2007	2,087	126,722	91.67	7.29	$1,115,334
Oct 2007	2,678	142,211	82.85	6.92	$1,206,254
Sep 2007	2,692	134,801	75.84	6.24	$1,045,880
Aug 2007	3,191	140,513	69.06	6.39	$1,117,959
Jul 2007	3,436	143,460	70.90	6.39	$1,160,026
Jun 2007	2,686	139,041	62.00	7.55	$1,216,076
May 2007	3,955	144,486	58.74	7.85	$1,365,994
Apr 2007	2,196	141,087	59.61	7.81	$1,232,116
Mar 2007	2,717	146,657	56.92	7.30	$1,225,537
Feb 2007	2,392	134,128	55.10	8.22	$1,233,795
Jan 2007	2,962	156,633	50.30	6.73	$1,202,635
Dec 2006	3,249	157,036	56.65	6.92	$1,270,500
Nov 2006	2,855	151,904	54.20	7.62	$1,311,867
Oct 2006	2,859	157,411	54.90	6.01	$1,103,597
Sep 2006	2,619	152,638	60.08	5.04	$926,218
Aug 2006	3,019	154,512	68.71	7.34	$1,341,541
Jul 2006	2,880	150,490	69.37	6.34	$1,154,308
Jun 2006	3,277	174,448	66.28	6.38	$1,330,855
May 2006	2,503	146,852	66.01	6.42	$1,108,747
Apr 2006	2,446	146,142	64.39	7.36	$1,233,173
Mar 2006	2,621	154,606	56.70	7.08	$1,243,673
Feb 2006	2,644	137,982	57.59	7.75	$1,221,783
Jan 2006	2,920	154,170	60.59	8.93	$1,554,173
Dec 2005	3,345	156,251	54.94	13.42	$2,279,944
Nov 2005	2,681	148,598	54.69	10.59	$1,720,039
Oct 2005	2,919	156,156	58.34	13.80	$2,324,585
Sep 2005	1,979	128,451	61.45	12.08	$1,673,169
Aug 2005	2,704	149,249	61.51	9.80	$1,628,492
Jul 2005	2,690	150,555	55.69	7.84	$1,330,705
Jun 2005	3,244	149,204	52.33	7.38	$1,271,039
May 2005	1,720	157,417	45.22	6.65	$1,124,784
Apr 2005	1,635	155,351	49.20	7.36	$1,223,900
Mar 2005	4,013	162,356	50.37	7.15	$1,363,773
Feb 2005	863	148,373	45.22	6.31	$975,543
Jan 2005	3,902	161,907	43.16	6.32	$1,192,019
Dec 2004	3,005	174,975	39.86	6.75	$1,301,050
Nov 2004	3,014	176,910	45.28	6.33	$1,256,389
Oct 2004	3,005	190,234	49.70	6.52	$1,388,742
Sep 2004	2,995	173,089	43.24	5.28	$1,044,089
Aug 2004	2,191	159,709	42.37	5.55	$979,323

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           133 bbl  × $106.41 =    $14,153
Gas                9,966 Mcf  × $  3.05 =    $30,355

────────────────────────────────────────────────────
Month total                                  $44,507

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/204028 is the state's own key, not one this site invented.