OLD OCEAN UNIT

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the OLD OCEAN (F-26) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 256619District 03Field 670118152 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.8 M
Jan 2010 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
197
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
1988-05-31
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 2004-03-23.

The Commission's schedule remark for this field reads: EFF. 7/29/08 PER DOCKET #03-0257497.

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 Gas112011-03-31200939
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
CondensateDisposition56,204 bbl$4,295,052
GasProduction1,908,586 Mcf$7,504,567
Total$11,799,619

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 29.0379, -95.6979. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03787, -95.69792 · 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
12,670 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 12,670 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-0393301925312,670 ftJan 2010

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 (197)

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

197 months

May 20260145106.413.05$442
Apr 20260598.932.87$14
Mar 2026118189.753.15$660
Feb 2026646263.503.75$2,114
Jan 20260059.138.00$0
Dec 2025321156.664.41$1,101
Nov 2025220258.593.93$910
Oct 2025213659.383.30$568
Sep 2025213962.743.08$553
Aug 2025113263.933.01$462
Jul 2025214866.743.32$624
Jun 2025010066.483.13$313
May 2025136560.553.23$1,240
Apr 202519262.363.54$388
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20251074.324.28$74
Dec 202414368.993.12$203
Nov 2024321869.052.20$686
Oct 202416571.372.28$220
Sep 202418669.612.36$273
Aug 20240075.632.06$0
Jul 202416779.932.15$224
Jun 20240078.082.63$0
May 20243078.812.20$236
Apr 2024201,22184.451.66$3,715
Mar 20240080.301.55$0
Feb 202402176.091.78$37
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202398089.042.74$8,726
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202313970.622.23$157
Apr 20230078.122.24$0
Mar 20231072.852.39$73
Feb 2023628075.112.47$1,141
Jan 20230776.533.39$24
Dec 202214376.415.73$323
Nov 20222285.005.65$181
Oct 202229887.185.86$749
Sep 2022210784.888.16$1,043
Aug 202228994.529.13$1,001
Jul 202218081101.587.54$18,895
Jun 20225224115.097.98$2,362
May 202212406109.378.43$4,736
Apr 2022351,277104.226.84$12,379
Mar 2022733,195108.885.08$24,167
Feb 2022843,76191.054.86$25,922
Jan 20221185,00681.844.54$32,373
Dec 20211349771.323.90$2,865
Nov 20212684077.435.24$6,412
Oct 20212633,47279.795.71$40,823
Sep 2021844,38969.865.35$29,353
Aug 20212634,06566.024.22$34,520
Jul 2021728670.783.98$1,634
Jun 20211149869.493.38$2,448
May 20211042163.483.02$1,905
Apr 2021936860.362.76$1,558
Mar 20211044461.302.72$1,819
Feb 20211040357.805.55$2,814
Jan 2021522,49050.412.81$9,619
Dec 2020502,10844.642.68$7,872
Nov 2020472,04038.772.71$7,344
Oct 2020552,19536.972.48$7,474
Sep 20201081,85737.091.99$7,703
Aug 2020481,92639.982.39$6,513
Jul 2020471,97038.371.83$5,399
Jun 2020682,40034.901.69$6,430
May 20202433,34016.921.81$10,173
Apr 2020773,18014.751.80$6,874
Mar 2020783,20230.341.86$8,310
Feb 20202643,34949.881.98$19,802
Jan 2020793,37657.252.09$11,595
Dec 2019833,57859.012.30$13,143
Nov 2019773,53755.302.75$13,987
Oct 20192593,56153.472.42$22,461
Sep 2019733,44055.052.66$13,160
Aug 2019723,53453.112.30$11,968
Jul 20192613,46056.272.46$23,198
Jun 2019853,18252.782.49$12,413
May 2019863,37358.482.74$14,272
Apr 20192272,97862.632.75$22,409
Mar 20192663,31256.803.06$25,250
Feb 2019853,08650.852.79$12,939
Jan 2019923,59946.033.23$15,853
Dec 20181843,69546.594.19$24,038
Nov 2018403,40252.934.24$16,532
Oct 2018773,49461.443.40$16,604
Sep 2018443,78659.543.11$14,387
Aug 20182524,00859.403.07$27,260
Jul 20181134,10365.142.93$19,390
Jun 20182893,91260.183.08$29,429
May 20181404,09665.382.90$21,035
Apr 20182484,13663.842.90$27,830
Mar 20181233,42461.222.79$17,072
Feb 20182242,99361.782.77$22,118
Jan 20181213,39062.874.01$21,199
Dec 20172932,32757.272.92$23,578
Nov 20171442,70955.423.12$16,428
Oct 20172923,79349.292.98$25,710
Sep 2017772,82147.523.09$12,368
Aug 2017802,69445.373.00$11,723
Jul 20172463,85943.873.09$22,706
Jun 2017543,90842.493.09$14,360
May 20172274,09745.373.26$23,669
Apr 2017483,98847.933.21$15,109
Mar 20172243,82846.772.98$21,898
Feb 2017523,65450.452.95$13,412
Jan 20172224,22549.413.42$25,413
Dec 20162314,17748.763.72$26,814
Nov 2016554,10642.492.64$13,195
Oct 2016704,02146.193.09$15,659
Sep 20162384,01341.553.10$22,332
Aug 20162794,44941.442.92$24,572
Jul 2016751,97941.622.92$8,909
Jun 20162412,16845.352.69$16,752
May 2016885,21442.521.99$14,123
Apr 20162694,92536.561.99$19,641
Mar 20162625,05033.011.79$17,708
Feb 20161154,83726.472.06$13,026
Jan 20162645,59027.352.36$20,437
Dec 20151305,55732.362.00$15,329
Nov 20152545,38538.792.17$21,524
Oct 20153055,77143.552.43$27,287
Sep 2015945,90742.992.76$20,335
Aug 20153016,25840.162.87$30,064
Jul 20151136,64148.152.95$24,999
Jun 20152376,60556.152.88$32,349
May 20152666,49355.212.96$33,876
Apr 20151156,72149.822.71$23,920
Mar 20152796,58942.892.93$31,303
Feb 20153216,14544.662.98$32,625
Jan 20151287,79543.433.10$29,728
Dec 20142677,53954.693.59$41,677
Nov 20142817,85870.464.25$53,210
Oct 20142908,59778.303.90$56,244
Sep 20141157,78086.164.05$41,382
Aug 20142588,16389.394.04$56,001
Jul 20142568,43196.564.18$59,958
Jun 20142397,68798.164.74$59,873
May 20142518,42194.734.73$63,580
Apr 20142968,68095.944.81$70,141
Mar 20142929,33395.895.06$75,195
Feb 20143048,33797.406.19$81,232
Jan 20142669,54490.404.86$70,437
Dec 20133459,70191.824.35$73,921
Nov 20132229,26488.853.74$54,356
Oct 20133109,80097.423.78$67,238
Sep 20134069,763104.113.72$78,565
Aug 201333010,814104.253.52$72,496
Jul 201336812,005102.523.72$82,359
Jun 201329111,78094.403.93$73,806
May 201337512,06694.834.15$85,624
Apr 201326412,31493.964.28$77,541
Mar 201351714,13093.623.91$103,690
Feb 201334213,19191.233.42$76,313
Jan 201335115,41991.603.42$84,883
Dec 201232915,14686.773.42$80,349
Nov 201250414,98186.953.62$98,128
Oct 201233315,40789.383.40$82,142
Sep 201251715,71094.672.92$94,792
Aug 201233215,35492.662.91$75,415
Jul 201238016,19185.133.02$81,259
Jun 201257115,23079.822.52$83,942
May 201256816,09091.612.49$92,072
Apr 201254516,479101.652.00$88,305
Mar 201254017,844105.052.22$96,378
Feb 201255618,352101.102.57$103,381
Jan 201234218,15998.092.73$83,195
Dec 201154418,13696.873.24$111,453
Nov 201153418,71095.723.31$113,069
Oct 201175021,14484.983.65$140,880
Sep 201156521,24083.623.99$131,904
Aug 201158625,19283.404.15$153,402
Jul 201172925,24094.144.52$182,643
Jun 201159725,37892.904.64$173,212
May 201191729,23498.134.40$218,756
Apr 201167429,223105.964.33$198,048
Mar 201166632,67496.364.06$196,745
Feb 201168631,03285.644.18$188,462
Jan 201197038,38486.504.59$260,041
Dec 201099441,52185.734.35$265,739
Nov 20101,04545,08180.843.80$255,575
Oct 20101,34950,16578.103.51$281,380
Sep 20101,56957,27672.633.98$341,885
Aug 20101,71265,77473.684.42$416,819
Jul 20102,23472,13072.554.74$503,720
Jun 20101,88380,25770.364.91$526,582
May 20102,17498,77971.124.24$572,966
Apr 20102,742109,32981.694.12$674,724
Mar 20103,427119,20878.394.39$791,807
Feb 20103,29896,77173.585.44$769,329
Jan 20100074.365.96$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  145 Mcf  × $  3.05 =       $442

────────────────────────────────────────────────────
Month total                                     $442

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/256619 is the state's own key, not one this site invented.