OLD OCEAN UNIT

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

Gas lease lease 239810District 03Field 67011100CondensateGasSaveExport
Value, all time
$2.9 M
Jul 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
215
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 173 leases and 262 wells, and the rule below applies to all of them.

Discovered
1936-12-31
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 1976-10-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/97.

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
CondensateDisposition12,960 bbl$1,068,875
GasProduction415,928 Mcf$1,841,784
Total$2,910,660

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 29.0526, -95.7531. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05259, -95.75314 · 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
10,845 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 10,845 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-039028218810,845 ftJul 2008

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 (215)

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

215 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 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
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 20202049.881.98$100
Jan 20202295857.252.09$3,266
Dec 20192399659.012.30$3,652
Nov 2019241,03155.302.75$4,163
Oct 2019351,65053.472.42$5,862
Sep 2019341,59655.052.66$6,113
Aug 2019331,62053.112.30$5,486
Jul 2019291,37656.272.46$5,017
Jun 20192074752.782.49$2,917
May 20192077858.482.74$3,302
Apr 20191871162.632.75$3,083
Mar 20190056.803.06$0
Feb 201912550.852.79$121
Jan 20190046.033.23$0
Dec 2018842146.594.19$2,135
Nov 2018141,00452.934.24$4,995
Oct 20182399361.443.40$4,787
Sep 2018131,08459.543.11$4,143
Aug 2018231,16859.403.07$4,948
Jul 201881,19265.142.93$4,016
Jun 2018101,15360.183.08$4,149
May 2018101,21965.382.90$4,190
Apr 201861,14863.842.90$3,713
Mar 2018121,18561.222.79$4,037
Feb 201871,38561.782.77$4,264
Jan 2018131,45562.874.01$6,651
Dec 2017101,22257.272.92$4,143
Nov 2017101,03955.423.12$3,794
Oct 201761,09049.292.98$3,548
Sep 2017485947.523.09$2,842
Aug 2017486145.373.00$2,768
Jul 201761,21843.873.09$4,024
Jun 2017121,22842.493.09$4,301
May 2017191,28145.373.26$5,042
Apr 2017141,25547.933.21$4,702
Mar 2017201,24346.772.98$4,644
Feb 2017171,10250.452.95$4,111
Jan 2017281,47549.413.42$6,426
Dec 2016231,23948.763.72$5,734
Nov 2016241,22042.492.64$4,246
Oct 2016321,27146.193.09$5,406
Sep 2016411,21841.553.10$5,480
Aug 2016471,26141.442.92$5,635
Jul 2016341,28141.622.92$5,161
Jun 2016321,30845.352.69$4,964
May 2016191,31742.521.99$3,430
Apr 2016231,26136.561.99$3,352
Mar 2016221,29333.011.79$3,046
Feb 2016231,19726.472.06$3,079
Jan 2016241,53527.352.36$4,286
Dec 2015221,45832.362.00$3,630
Nov 2015131,20138.792.17$3,107
Oct 2015351,43843.552.43$5,014
Sep 2015251,55842.992.76$5,372
Aug 2015361,78240.162.87$6,565
Jul 2015381,96548.152.95$7,617
Jun 20153131056.152.88$2,634
May 20154676755.212.96$4,806
Apr 2015251349.822.71$1,281
Mar 2015537242.892.93$2,484
Feb 2015194044.662.98$968
Jan 2015745143.433.10$3,372
Dec 201427533754.693.59$16,250
Nov 2014847070.464.25$6,216
Oct 20147711478.303.90$6,474
Sep 20141331,69286.164.05$18,304
Aug 20142041,42389.394.04$23,978
Jul 20142531,83096.564.18$32,078
Jun 20143731,66898.164.74$44,515
May 20142682,00194.734.73$34,845
Apr 20143532,57195.944.81$46,231
Mar 20142201,69095.895.06$29,642
Feb 201426428297.406.19$27,460
Jan 20141811,31090.404.86$22,730
Dec 2013685091.824.35$6,461
Nov 2013802,31388.853.74$15,755
Oct 20131172,97897.423.78$22,653
Sep 20131642,883104.113.72$27,792
Aug 20132104,766104.253.52$38,681
Jul 20132439,003102.523.72$58,383
Jun 20131982,89394.403.93$30,071
May 20132153,17894.834.15$33,574
Apr 2013902,30693.964.28$18,332
Mar 20131762,84393.623.91$27,601
Feb 20131022,66391.233.42$18,413
Jan 2013981,66991.603.42$14,685
Dec 20121464,56686.773.42$28,285
Nov 201215283386.953.62$16,236
Oct 20121302,47989.383.40$20,047
Sep 20121563,74094.672.92$25,683
Aug 20121573,79992.662.91$25,596
Jul 20121483,67185.133.02$23,689
Jun 20121413,52679.822.52$20,137
May 20121793,26791.612.49$24,528
Apr 20121542,594101.652.00$20,834
Mar 20121292,215105.052.22$18,473
Feb 20121192,582101.102.57$18,667
Jan 20121762,07998.092.73$22,948
Dec 20112111,25096.873.24$24,489
Nov 20111372,66495.723.31$21,935
Oct 20111833,15784.983.65$27,070
Sep 20111762,98983.623.99$26,631
Aug 20111713,73283.404.15$29,747
Jul 20111273,74794.144.52$28,882
Jun 20111464,03292.904.64$32,271
May 20111473,64098.134.40$30,459
Apr 20111113,865105.964.33$28,510
Mar 20111673,15896.364.06$28,905
Feb 20111132,29885.644.18$19,283
Jan 20111602,17886.504.59$23,834
Dec 20101412,35285.734.35$22,314
Nov 2010705,49980.843.80$26,529
Oct 20101085,47278.103.51$27,635
Sep 2010899,83072.633.98$45,582
Aug 20101036,71173.684.42$37,247
Jul 20101303,54672.554.74$26,227
Jun 2010995,70370.364.91$34,970
May 20101196,81571.124.24$37,326
Apr 20101142,41181.694.12$19,252
Mar 20101332,18978.394.39$20,033
Feb 20106941173.585.44$7,314
Jan 20109010274.365.96$7,301
Dec 2009812,37071.445.48$18,783
Nov 20091711,91674.593.75$19,943
Oct 200913811,51772.544.11$57,348
Sep 200910210,25465.543.06$38,111
Aug 200912510,10767.423.22$40,957
Jul 20098210,89861.133.46$42,769
Jun 20098711,06766.163.90$48,862
May 20096710,55054.743.93$45,084
Apr 20091049,50446.773.59$38,960
Mar 200919410,36642.144.06$50,251
Feb 20091638,89532.814.63$46,559
Jan 20091178,77635.865.37$51,332
Dec 200812610,84337.105.98$69,485
Nov 20081029,79855.496.86$72,878
Oct 20081911,38275.246.92$80,216
Sep 20082329,291101.767.88$96,794
Aug 200821113,325114.228.48$137,137
Jul 200817314,610131.0811.39$189,076

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.

Feb 2020 — as filed, then multipliedworked
Condensate             2 bbl  × $ 49.88 =       $100
Gas                    0 Mcf  × $  1.98 =         $0

────────────────────────────────────────────────────
Month total                                     $100

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/239810 is the state's own key, not one this site invented.