HORAK GAS UNIT

Operated by SOUTH BAY RESOURCES, L.L.C. (P-5 802629) in the HAMMAN, EAST (11,200 FRIO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225126District 03Field 38525792CondensateGasSaveExport
Value, all time
$3.7 M
Jan 2007 – Jan 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
73
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 14 leases and 14 wells, and the rule below applies to all of them.

Discovered
1960-10-20
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 05/01/2006.

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
CondensateDisposition15,004 bbl$1,162,927
GasProduction342,070 Mcf$2,577,551
Total$3,740,479

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 28.9598, -95.9245. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.95976, -95.92446 · 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
11,450 ft
1 wells filed one
Completion to plug
3.9 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 11,450 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Dec 2010
1 of 1 wells

Last completion to plug: a median of 3.9 years across the 1 well that filed both dates, with the middle half between 3.9 years and 3.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32132154111,450 ftJan 2007Dec 2010Yes

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 (73)

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

73 months

Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
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 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010194085.734.35$16,632
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100572.554.74$24
Jun 201035811570.364.91$25,754
May 20100071.124.24$0
Apr 201001,33781.694.12$5,512
Mar 201001,52478.394.39$6,688
Feb 201001,31973.585.44$7,178
Jan 201001,58874.365.96$9,471
Dec 20092001,89171.445.48$24,658
Nov 200901,91574.593.75$7,184
Oct 20093262,13372.544.11$32,415
Sep 200902,37465.543.06$7,276
Aug 200902,47367.423.22$7,959
Jul 20091472,39861.133.46$17,294
Jun 20091942,30266.163.90$21,801
May 200903,45354.743.93$13,556
Apr 200902,85446.773.59$10,239
Mar 20093593,00742.144.06$27,334
Feb 200902,55732.814.63$11,847
Jan 200903,22935.865.37$17,343
Dec 20083413,48137.105.98$33,458
Nov 200804,11355.496.86$28,217
Oct 20081694,37475.246.92$42,992
Sep 20081732,930101.767.88$40,684
Aug 20083416,559114.228.48$94,589
Jul 20083408,395131.0811.39$140,181
Jun 20083487,369131.3313.03$141,740
May 20085339,715123.1711.57$178,094
Apr 20085349,608110.3110.45$159,356
Mar 200854110,716101.909.66$158,688
Feb 200833711,68692.538.77$133,676
Jan 200874013,85690.388.21$180,580
Dec 200752814,25988.337.30$150,757
Nov 200770215,45491.677.29$177,038
Oct 200769916,39682.856.92$171,405
Sep 200752416,24375.846.24$141,164
Aug 200785216,49469.066.39$164,202
Jul 200769918,30270.906.39$166,471
Jun 200769317,78962.007.55$177,245
May 20071,06218,74658.747.85$209,468
Apr 200788320,64559.617.81$213,774
Mar 200790624,24156.927.30$228,577
Feb 20071,09525,54655.108.22$270,220
Jan 20071868,67950.306.73$67,738

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.

Dec 2010 — as filed, then multipliedworked
Condensate           194 bbl  × $ 85.73 =    $16,632
Gas                    0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                  $16,632

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/225126 is the state's own key, not one this site invented.