HAYES, KEITH

Operated by NOBLE ENERGY INC (P-5 611665) in the PORT ACRES, S. (HACKBERRY 10700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 207419District 03Field 72382500CondensateGasSaveExport
Value, all time
$43.3 M
Dec 2004 – Nov 2009
Value, last 12 filed months
$415 k
at the published price for each month
Months reported
60
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1966-05-17
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

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
CondensateDisposition260,733 bbl$14,912,237
GasProduction3,504,629 Mcf$28,353,191
Total$43,265,428

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 29.9479, -94.0133. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94793, -94.01334 · 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
11,500 ft
1 wells filed one
Completion to plug
4.5 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 11,500 ft.

Completions filed
Dec 2004
1 of 1 wells
Plug dates filed
Jun 2009
1 of 1 wells

Last completion to plug: a median of 4.5 years across the 1 well that filed both dates, with the middle half between 4.5 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24532385211,500 ftDec 2004Jun 2009Yes

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 (60)

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

60 months

Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20092821,79354.743.93$22,476
Apr 200960511,08346.773.59$68,056
Mar 20091,14812,11042.144.06$97,531
Feb 200988311,00532.814.63$79,957
Jan 200988411,59335.865.37$93,966
Dec 20084136,32737.105.98$53,140
Nov 20080155.496.86$7
Oct 20080075.246.92$0
Sep 2008511,009101.767.88$13,138
Aug 20085919,246114.228.48$145,938
Jul 200874510,710131.0811.39$219,635
Jun 200856110,200131.3313.03$206,609
May 200884710,356123.1711.57$224,188
Apr 200895310,358110.3110.45$213,417
Mar 200874711,595101.909.66$188,174
Feb 200877111,19892.538.77$169,554
Jan 20081,01312,52290.388.21$194,307
Dec 200773812,93988.337.30$159,668
Nov 200794012,67791.677.29$178,607
Oct 200796314,20182.856.92$178,084
Sep 200788813,51575.846.24$151,736
Aug 200795512,20169.066.39$143,892
Jul 200748310,61770.906.39$102,065
Jun 20071,36217,67862.007.55$217,886
May 20071,33022,29958.747.85$253,088
Apr 20071,50625,03259.617.81$285,152
Mar 20071,40625,71956.927.30$267,829
Feb 20071,66322,14055.108.22$273,534
Jan 20072,17726,44150.306.73$287,368
Dec 20061,60127,23756.656.92$279,134
Nov 20062,30629,79754.207.62$351,963
Oct 20062,76643,92154.906.01$415,986
Sep 20063,48457,49760.085.04$498,943
Aug 20064,12570,28068.717.34$799,278
Jul 20065,86986,76069.376.34$957,430
Jun 20067,496110,83366.286.38$1,204,379
May 20068,376120,59366.016.42$1,327,710
Apr 200610,742141,23364.397.36$1,731,220
Mar 200613,812182,88856.707.08$2,078,521
Feb 200612,727167,35157.597.75$2,030,106
Jan 200613,786175,20860.598.93$2,400,483
Dec 200514,255181,65154.9413.42$3,220,091
Nov 200511,506151,75254.6910.59$2,236,074
Oct 20056,09281,60558.3413.80$1,481,210
Sep 20059,486119,22261.4512.08$2,022,997
Aug 200513,833181,86861.519.80$2,632,600
Jul 200513,031168,64655.697.84$2,048,495
Jun 200513,942188,89352.337.38$2,123,812
May 200513,599181,61545.226.65$1,822,897
Apr 200513,575167,37749.207.36$1,899,865
Mar 200513,558179,06450.377.15$1,964,098
Feb 200512,242150,81545.226.31$1,505,515
Jan 200512,167158,08043.166.32$1,524,541
Dec 20041,45223,87839.866.75$219,079

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 2009 — as filed, then multipliedworked
Condensate           282 bbl  × $ 54.74 =    $15,437
Gas                1,793 Mcf  × $  3.93 =     $7,039

────────────────────────────────────────────────────
Month total                                  $22,476

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/207419 is the state's own key, not one this site invented.