HAHN ESTATE

Operated by DENALI OIL & GAS MANAGEMENT, LLC (P-5 215333) in the HARDEMAN SLOUGH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 227324District 03Field 389600012 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Mar 2007 – Aug 2010
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
42
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1989-02-13
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 1989-10-23.

The Commission's schedule remark for this field reads: AND 95% DELIVERABILITY.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-05-19182821
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition4,450 bbl$270,440
GasProduction818,787 Mcf$5,207,461
Total$5,477,902

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 29.0219, -95.9106. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.02189, -95.91060 · 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
13,360 ft
1 wells filed one
Completion to plug
16 months
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 13,360 ft.

Completions filed
Apr 2009
1 of 1 wells
Plug dates filed
Aug 2010
1 of 1 wells

Last completion to plug: a median of 16 months across the 1 well that filed both dates, with the middle half between 16 months and 16 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32132158113,360 ftApr 2009Aug 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 (42)

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

42 months

Aug 201032073.684.42$2,358
Jul 2010037072.554.74$1,753
Jun 2010047870.364.91$2,347
May 2010048971.124.24$2,071
Apr 2010050281.694.12$2,070
Mar 2010070178.394.39$3,076
Feb 20107731573.585.44$7,380
Jan 2010083874.365.96$4,998
Dec 200901,16471.445.48$6,383
Nov 200901,69574.593.75$6,359
Oct 200902,45772.544.11$10,099
Sep 200903,27865.543.06$10,046
Aug 200904,82967.423.22$15,542
Jul 200906,89961.133.46$23,902
Jun 20091211,09266.163.90$43,997
May 200919524,54654.743.93$107,036
Apr 20093726,66746.773.59$97,398
Mar 200940168,90342.144.06$296,575
Feb 200938577,61832.814.63$372,236
Jan 200951490,22135.865.37$503,009
Dec 200845086,28537.105.98$532,433
Nov 200880187,91355.496.86$647,562
Oct 200840360,42775.246.92$448,596
Sep 200857946,309101.767.88$423,699
Aug 200820168,202114.228.48$601,517
Jul 2008144,129131.0811.39$502,735
Jun 200800131.3313.03$0
May 20080783123.1711.57$9,063
Apr 200801,140110.3110.45$11,919
Mar 200802,475101.909.66$23,919
Feb 200822,27292.538.77$20,112
Jan 20081862,97990.388.21$41,256
Dec 200703,56688.337.30$26,039
Nov 200703,81191.677.29$27,789
Oct 200705,49382.856.92$38,022
Sep 200703,65675.846.24$22,829
Aug 200706,23869.066.39$39,848
Jul 200709,15870.906.39$58,501
Jun 200717410,89062.007.55$92,991
May 2007026,35458.747.85$206,781
Apr 2007021,86559.617.81$170,661
Mar 200701,78056.927.30$12,998

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.

Aug 2010 — as filed, then multipliedworked
Condensate            32 bbl  × $ 73.68 =     $2,358
Gas                    0 Mcf  × $  4.42 =         $0

────────────────────────────────────────────────────
Month total                                   $2,358

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/227324 is the state's own key, not one this site invented.