HANCOCK GAS UNIT

Operated by OKIE OPERATING COMPANY, LTD. (P-5 621080) in the SANDY (WILCOX,LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223726District 03Field 80638600CondensateGasSave
Value, all time
$785 k
Jun 2006 – Mar 2013
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition1,781 bbl$116,095
GasProduction98,194 Mcf$669,056
Total$785,151

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 29.2950, -96.5356. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.29496, -96.53562 · 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
11,100 ft
1 wells filed one
Completion to plug
6.4 years
median over 1 wells

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 11,100 ft.

Completions filed
Jun 2006
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-48134841111,100 ftJun 2006Nov 2012Yes

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 (82)

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

82 months

Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 201250086.953.62$4,348
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011021396.364.06$864
Feb 20110085.644.18$0
Jan 2011013486.504.59$615
Dec 201007485.734.35$322
Nov 201004380.843.80$163
Oct 2010010878.103.51$379
Sep 2010031672.633.98$1,258
Aug 2010020773.684.42$915
Jul 2010033172.554.74$1,568
Jun 2010015970.364.91$781
May 2010028471.124.24$1,203
Apr 2010097981.694.12$4,036
Mar 201006478.394.39$281
Feb 2010042973.585.44$2,335
Jan 2010068274.365.96$4,068
Dec 2009082771.445.48$4,535
Nov 2009057674.593.75$2,161
Oct 2009067772.544.11$2,783
Sep 2009038765.543.06$1,186
Aug 2009035367.423.22$1,136
Jul 2009042761.133.46$1,479
Jun 2009055766.163.90$2,170
May 2009080854.743.93$3,172
Apr 20091291,76646.773.59$12,369
Mar 200901,57542.144.06$6,393
Feb 200901,43332.814.63$6,639
Jan 2009070835.865.37$3,803
Dec 200801,27437.105.98$7,615
Nov 200801,35855.496.86$9,316
Oct 2008052975.246.92$3,662
Sep 200801,317101.767.88$10,374
Aug 20080998114.228.48$8,466
Jul 200801,347131.0811.39$15,342
Jun 200801,312131.3313.03$17,099
May 2008174611123.1711.57$28,503
Apr 200801,619110.3110.45$16,926
Mar 200802,062101.909.66$19,927
Feb 200801,40992.538.77$12,358
Jan 200801,28890.388.21$10,569
Dec 200702,36588.337.30$17,269
Nov 200702,28291.677.29$16,640
Oct 20071782,19582.856.92$29,941
Sep 200702,76775.846.24$17,278
Aug 200702,76769.066.39$17,675
Jul 200702,18670.906.39$13,964
Jun 200702,55962.007.55$19,316
May 20071792,49258.747.85$30,067
Apr 200702,83159.617.81$22,097
Mar 200702,76656.927.30$20,197
Feb 20071834,02255.108.22$43,128
Jan 200705,46350.306.73$36,749
Dec 20061796,38356.656.92$54,301
Nov 20061828,05754.207.62$71,238
Oct 200652715,78454.906.01$123,854
Sep 200604,03460.085.04$20,320
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0

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.

Nov 2012 — as filed, then multipliedworked
Condensate            50 bbl  × $ 86.95 =     $4,348
Gas                    0 Mcf  × $  3.62 =         $0

────────────────────────────────────────────────────
Month total                                   $4,348

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/223726 is the state's own key, not one this site invented.