OLD OCEAN UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the OLD OCEAN (F-10) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212145District 03Field 67011714CondensateGasSaveExport
Value, all time
$1.8 M
Sep 2004 – May 2026
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
261
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
1974-06-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-04-25.

The Commission's schedule remark for this field reads: AND SUSPEND ALLOCATION FORMULA.

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
CondensateDisposition3,663 bbl$273,216
GasProduction275,202 Mcf$1,540,043
Total$1,813,259

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 29.0576, -95.7306. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05756, -95.73062 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,552 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 10,552 ft.

Completions filed
Sep 2004
1 of 1 wells

1 well

42-0390397510710,552 ftSep 2004

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 (261)

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

261 months

May 2026141,059106.413.05$4,715
Apr 2026151,00998.932.87$4,380
Mar 2026171,35389.753.15$5,787
Feb 2026966163.503.75$3,050
Jan 20261076259.138.00$6,686
Dec 2025141,14256.664.41$5,833
Nov 2025151,13558.593.93$5,335
Oct 2025201,61459.383.30$6,522
Sep 2025151,20062.743.08$4,633
Aug 2025131,14763.933.01$4,289
Jul 2025171,27766.743.32$5,368
Jun 2025181,23866.483.13$5,070
May 2025181,32260.553.23$5,363
Apr 2025251,66562.363.54$7,458
Mar 2025332,07967.704.27$11,108
Feb 20252193070.884.34$5,525
Jan 2025381,86074.324.28$10,783
Dec 2024472,88568.993.12$12,248
Nov 2024848669.052.20$1,621
Oct 20241071371.372.28$2,340
Sep 2024316669.612.36$601
Aug 2024521975.632.06$830
Jul 2024931979.932.15$1,404
Jun 20241793978.082.63$3,801
May 20241463378.812.20$2,495
Apr 2024944284.451.66$1,493
Mar 20241573580.301.55$2,340
Feb 20241150576.091.78$1,738
Jan 2024201,09173.023.30$5,058
Dec 2023730971.262.61$1,306
Nov 2023737677.892.81$1,601
Oct 2023414285.443.09$780
Sep 2023527089.042.74$1,184
Aug 2023619380.522.67$999
Jul 20231272374.852.64$2,808
Jun 2023628768.962.26$1,062
May 20231053270.622.23$1,891
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 201949850.852.79$477
Jan 20192177546.033.23$3,468
Dec 20181480246.594.19$4,009
Nov 20181174452.934.24$3,735
Oct 20181073661.443.40$3,115
Sep 2018677459.543.11$2,763
Aug 20181282959.403.07$3,255
Jul 20181484165.142.93$3,378
Jun 20181783560.183.08$3,592
May 20181886265.382.90$3,677
Apr 20181186663.842.90$3,214
Mar 20181988261.222.79$3,621
Feb 20181077861.782.77$2,770
Jan 20181885062.874.01$4,540
Dec 20171462157.272.92$2,616
Nov 20171772155.423.12$3,190
Oct 20171176049.292.98$2,810
Sep 2017732647.523.09$1,339
Aug 20171163845.373.00$2,416
Jul 2017868143.873.09$2,453
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20161033.011.79$33
Feb 20161160426.472.06$1,538
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015317740.162.87$629
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 201501143.433.10$34
Dec 20143054.693.59$164
Nov 2014201,33370.464.25$7,077
Oct 2014141,55078.303.90$7,143
Sep 2014201,52886.164.05$7,905
Aug 2014771289.394.04$3,499
Jul 20140096.564.18$0
Jun 20141397598.164.74$5,895
May 2014241,38994.734.73$8,839
Apr 2014381,32695.944.81$10,023
Mar 2014161,13995.895.06$7,294
Feb 2014271,15697.406.19$9,788
Jan 2014281,33390.404.86$9,011
Dec 2013261,14291.824.35$7,360
Nov 2013191,25688.853.74$6,383
Oct 2013181,35197.423.78$6,859
Sep 2013211,134104.113.72$6,402
Aug 2013211,392104.253.52$7,093
Jul 2013251,304102.523.72$7,411
Jun 2013151,19094.403.93$6,097
May 2013291,59994.834.15$9,384
Apr 2013121,34993.964.28$6,905
Mar 2013251,46993.623.91$8,089
Feb 2013211,57291.233.42$7,292
Jan 2013161,37691.603.42$6,171
Dec 2012201,58386.773.42$7,150
Nov 2012191,27486.953.62$6,270
Oct 2012221,57689.383.40$7,324
Sep 2012221,40694.672.92$6,186
Aug 2012281,35792.662.91$6,541
Jul 2012311,47985.133.02$7,107
Jun 2012271,30179.822.52$5,432
May 2012221,48291.612.49$5,703
Apr 2012181,182101.652.00$4,190
Mar 2012251,417105.052.22$5,775
Feb 2012221,359101.102.57$5,717
Jan 2012251,29498.092.73$5,990
Dec 2011401,39896.873.24$8,404
Nov 2011271,56995.723.31$7,780
Oct 2011251,58884.983.65$7,918
Sep 2011221,36983.623.99$7,296
Aug 2011271,72283.404.15$9,397
Jul 2011251,45594.144.52$8,926
Jun 2011261,62792.904.64$9,964
May 2011241,64698.134.40$9,605
Apr 2011261,681105.964.33$10,039
Mar 2011251,60796.364.06$8,929
Feb 2011962685.644.18$3,387
Jan 2011231,79986.504.59$10,245
Dec 2010221,65785.734.35$9,090
Nov 2010241,88380.843.80$9,087
Oct 2010341,69478.103.51$8,599
Sep 2010252,01472.633.98$9,830
Aug 2010231,66973.684.42$9,071
Jul 2010331,98272.554.74$11,782
Jun 2010201,75170.364.91$10,005
May 2010282,02571.124.24$10,568
Apr 2010241,91881.694.12$9,868
Mar 2010202,13778.394.39$10,946
Feb 2010181,52073.585.44$9,597
Jan 2010541,54074.365.96$13,200
Dec 2009281,53271.445.48$10,401
Nov 2009421,67774.593.75$9,424
Oct 2009511,86372.544.11$11,357
Sep 2009271,85265.543.06$7,446
Aug 2009412,05267.423.22$9,369
Jul 2009271,95361.133.46$8,417
Jun 2009232,03966.163.90$9,464
May 2009291,59554.743.93$7,849
Apr 2009221,69746.773.59$7,117
Mar 2009331,76042.144.06$8,534
Feb 2009231,75432.814.63$8,881
Jan 2009361,82235.865.37$11,077
Dec 2008391,97037.105.98$13,222
Nov 2008351,97055.496.86$15,457
Oct 200851,87975.246.92$13,383
Sep 2008301,815101.767.88$17,350
Aug 2008181,041114.228.48$10,887
Jul 2008122,019131.0811.39$24,568
Jun 2008161,990131.3313.03$28,036
May 2008322,880123.1711.57$37,275
Apr 2008372,013110.3110.45$25,127
Mar 2008381,932101.909.66$22,543
Feb 2008651,97592.538.77$23,336
Jan 200881,85690.388.21$15,953
Dec 2007391,80888.337.30$16,647
Nov 2007132,06191.677.29$16,220
Oct 2007152,05082.856.92$15,433
Sep 2007112,06775.846.24$13,741
Aug 2007122,08169.066.39$14,122
Jul 2007142,23570.906.39$15,270
Jun 2007102,04162.007.55$16,026
May 2007152,17258.747.85$17,923
Apr 2007122,07759.617.81$16,927
Mar 2007162,22156.927.30$17,128
Feb 2007142,12355.108.22$18,214
Jan 2007182,43150.306.73$17,258
Dec 2006202,46456.656.92$18,180
Nov 2006182,56054.207.62$20,476
Oct 2006162,34054.906.01$14,951
Sep 2006162,39660.085.04$13,030
Aug 2006192,66568.717.34$20,866
Jul 2006172,36969.376.34$16,205
Jun 2006162,24366.286.38$15,380
May 2006182,68766.016.42$18,452
Apr 2006172,59964.397.36$20,225
Mar 2006182,71856.707.08$20,272
Feb 2006162,54857.597.75$20,671
Jan 2006202,93560.598.93$27,431
Dec 2005182,47154.9413.42$34,138
Nov 2005222,68454.6910.59$29,622
Oct 2005122,75958.3413.80$38,763
Sep 2005192,56761.4512.08$32,174
Aug 2005182,84661.519.80$28,989
Jul 2005212,97855.697.84$24,528
Jun 2005312,74752.337.38$21,898
May 2005182,80445.226.65$19,464
Apr 2005403,06349.207.36$24,513
Mar 2005263,37850.377.15$25,479
Feb 2005242,97845.226.31$19,882
Jan 2005292,76743.166.32$18,745
Dec 2004432,82739.866.75$20,799
Nov 2004301,76845.286.33$12,551
Oct 2004181,16949.706.52$8,511
Sep 2004977843.245.28$4,500

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            14 bbl  × $106.41 =     $1,490
Gas                1,059 Mcf  × $  3.05 =     $3,226

────────────────────────────────────────────────────
Month total                                   $4,715

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/212145 is the state's own key, not one this site invented.