OLD OCEAN UNIT

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

Gas lease lease 234264District 03Field 67011300CondensateGasSaveExport
Value, all time
$10.9 M
Jan 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
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 57 leases and 62 wells, and the rule below applies to all of them.

Discovered
1938-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1976-09-27.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 07/01/2007.

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
CondensateDisposition29,475 bbl$2,315,478
GasProduction1,439,333 Mcf$8,624,014
Total$10,939,492

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 29.0538, -95.7414. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05378, -95.74140 · 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
10,889 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 10,889 ft.

Completions filed
Jan 2013
1 of 1 wells

1 well

42-039039668710,889 ftJan 2013

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 (221)

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

221 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 202417469.052.20$232
Oct 20240071.372.28$0
Sep 202417269.612.36$240
Aug 202401175.632.06$23
Jul 20240779.932.15$15
Jun 20240578.082.63$13
May 202402178.812.20$46
Apr 202416484.451.66$191
Mar 2024314580.301.55$465
Feb 202416676.091.78$194
Jan 202416773.023.30$294
Dec 202312671.262.61$139
Nov 202317877.892.81$297
Oct 202313385.443.09$187
Sep 20230089.042.74$0
Aug 202314180.522.67$190
Jul 202317174.852.64$262
Jun 202302468.962.26$54
May 202329370.622.23$348
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 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
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 20160033.011.79$0
Feb 20160026.472.06$0
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 20150040.162.87$0
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 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20141098.164.74$98
May 20145094.734.73$474
Apr 2014423,05595.944.81$18,721
Mar 2014874,63195.895.06$31,760
Feb 2014575697.406.19$5,899
Jan 2014583,87590.404.86$24,078
Dec 20131353,52991.824.35$27,763
Nov 2013925,46788.853.74$28,611
Oct 2013565,75997.423.78$27,221
Sep 2013915,276104.113.72$29,089
Aug 2013775,474104.253.52$27,310
Jul 20136636102.523.72$6,900
Jun 2013673,55294.403.93$20,296
May 20131524,06794.834.15$31,288
Apr 2013465,41093.964.28$27,491
Mar 20131664,88993.623.91$34,671
Feb 20131264,90791.233.42$28,276
Jan 2013903,26091.603.42$19,393
Dec 20121495,57386.773.42$31,989
Nov 20121712,16186.953.62$22,702
Oct 2012851,83789.383.40$13,843
Sep 2012963,27294.672.92$18,637
Aug 2012864,49892.662.91$21,050
Jul 20121584,47485.133.02$26,966
Jun 20121204,26879.822.52$20,330
May 2012768991.612.49$7,184
Apr 20126465101.652.00$6,635
Mar 2012851,816105.052.22$12,965
Feb 2012671,638101.102.57$10,984
Jan 20122011,38698.092.73$23,506
Dec 20111722,11396.873.24$23,507
Nov 2011662,74095.723.31$15,390
Oct 20111433,41984.983.65$24,627
Sep 20112271,78483.623.99$26,092
Aug 20112381,69583.404.15$26,882
Jul 20111301,84294.144.52$20,559
Jun 20111934,64792.904.64$39,491
May 20111884,74498.134.40$39,345
Apr 20111424,634105.964.33$35,127
Mar 20111855,55796.364.06$40,373
Feb 20111485,16785.644.18$34,273
Jan 20112066,09686.504.59$45,792
Dec 20102185,88285.734.35$44,263
Nov 20102234,74680.843.80$36,040
Oct 20103513,29278.103.51$38,964
Sep 20102335,55572.633.98$39,029
Aug 20101727,23973.684.42$44,665
Jul 20101188,93972.554.74$50,900
Jun 201010310,98470.364.91$61,183
May 201019411,66971.124.24$63,218
Apr 201022211,06781.694.12$63,761
Mar 201017012,96778.394.39$70,234
Feb 20101389,21373.585.44$60,295
Jan 20102628,23774.365.96$68,609
Dec 200917811,97071.445.48$78,357
Nov 200935213,17874.593.75$75,693
Oct 200956443,90572.544.11$221,373
Sep 200924216,21565.543.06$65,556
Aug 20092788,43467.423.22$45,888
Jul 200989150,51961.133.46$229,490
Jun 200996864,25666.163.90$314,320
May 20091,71366,30154.743.93$354,051
Apr 20091,71665,54746.773.59$315,407
Mar 20092,39679,14842.144.06$422,229
Feb 200924678,22332.814.63$370,478
Jan 200974659,06435.865.37$343,984
Dec 20081,84669,88537.105.98$486,199
Nov 200881682,11755.496.86$608,632
Oct 200873593,13375.246.92$699,966
Sep 200850980,768101.767.88$688,013
Aug 20082,18896,247114.228.48$1,066,379
Jul 2008693106,214131.0811.39$1,300,555
Jun 20081,636751131.3313.03$224,643
May 20081111,169123.1711.57$27,202
Apr 20081,7771,405110.3110.45$210,710
Mar 200843047,231101.909.66$500,261
Feb 20081,21551,12592.538.77$560,820
Jan 2008013,08290.388.21$107,347

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 2024 — as filed, then multipliedworked
Condensate             1 bbl  × $ 69.05 =        $69
Gas                   74 Mcf  × $  2.20 =       $163

────────────────────────────────────────────────────
Month total                                     $232

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/234264 is the state's own key, not one this site invented.