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 257089District 03Field 670118152 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.2 M
Feb 2010 – May 2026
Value, last 12 filed months
$322 k
at the published price for each month
Months reported
196
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 Gas112011-02-25200979
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
CondensateDisposition87,635 bbl$6,499,682
GasProduction1,483,506 Mcf$5,682,900
Total$12,182,582

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 29.0313, -95.6833. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03125, -95.68325 · 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
12,155 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 12,155 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-0393302525612,155 ftJun 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 (196)

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

196 months

May 20261944,938106.413.05$35,684
Apr 202641,64898.932.87$5,125
Mar 20261903,63189.753.15$28,488
Feb 20262484,99763.503.75$34,488
Jan 20262414,76259.138.00$52,336
Dec 2025594,93856.664.41$25,136
Nov 20252253,81258.593.93$28,150
Oct 20252213,43359.383.30$24,469
Sep 2025423,45062.743.08$13,250
Aug 20252173,71863.933.01$25,082
Jul 20252133,05866.743.32$24,354
Jun 20251864,12966.483.13$25,284
May 20251944,95460.553.23$27,760
Apr 2025664,89262.363.54$21,449
Mar 20253954,65767.704.27$46,619
Feb 2025723,53470.884.34$20,444
Jan 20252694,85374.324.28$40,757
Dec 20242544,22268.993.12$30,702
Nov 2024643,80969.052.20$12,793
Oct 20242343,50271.372.28$24,690
Sep 20242453,71769.612.36$25,843
Aug 20242524,01175.632.06$27,336
Jul 20244234,46979.932.15$43,404
Jun 20242272,95378.082.63$25,502
May 20242201,96978.812.20$21,667
Apr 2024341,71784.451.66$5,720
Mar 20242202,01580.301.55$20,779
Feb 2024341,71076.091.78$5,637
Jan 2024261,18273.023.30$5,796
Dec 20232332,41371.262.61$22,903
Nov 20232342,76777.892.81$25,995
Oct 20232493,07885.443.09$30,777
Sep 2023553,42189.042.74$14,254
Aug 20232212,10780.522.67$23,427
Jul 20232152,09474.852.64$21,625
Jun 2023442,29768.962.26$8,222
May 2023462,21870.622.23$8,189
Apr 20232242,08878.122.24$22,171
Mar 20232583,37072.852.39$26,860
Feb 2023703,33575.112.47$13,481
Jan 202319864976.533.39$17,352
Dec 20222382,65876.415.73$33,413
Nov 20222342,41885.005.65$33,543
Oct 20222523,21887.185.86$40,839
Sep 2022753,43684.888.16$34,416
Aug 20222223,46494.529.13$52,600
Jul 20222553,782101.587.54$54,427
Jun 20222413,008115.097.98$51,732
May 20222292,470109.378.43$45,875
Apr 20222272,144104.226.84$38,318
Mar 20222081,254108.885.08$29,013
Feb 202219244591.054.86$19,644
Jan 20222592,94381.844.54$34,551
Dec 20212603,29971.323.90$31,406
Nov 20212774,18677.435.24$43,370
Oct 20212934,66779.795.71$50,045
Sep 2021874,71969.865.35$31,329
Aug 20214393,93066.024.22$45,570
Jul 2021662,98570.783.98$16,558
Jun 20214293,50069.493.38$41,643
May 2021883,94263.483.02$17,482
Apr 20212663,85960.362.76$26,701
Mar 20214504,58461.302.72$40,039
Feb 2021552,84557.805.55$18,963
Jan 20212825,44650.412.81$29,520
Dec 20202804,99144.642.68$25,852
Nov 20202844,99638.772.71$24,533
Oct 20202714,01436.972.48$19,967
Sep 20204293,13737.091.99$22,158
Aug 20202623,25739.982.39$18,243
Jul 2020723,29638.371.83$8,778
Jun 20204353,44234.901.69$21,000
May 2020523,06116.921.81$6,435
Apr 20203962,80714.751.80$10,906
Mar 20202643,82930.341.86$15,117
Feb 20202824,30449.881.98$22,591
Jan 20202784,22457.252.09$24,764
Dec 20192834,33259.012.30$26,682
Nov 20192915,21655.302.75$30,440
Oct 20192734,26853.472.42$24,920
Sep 20192593,87055.052.66$24,542
Aug 20192654,13353.112.30$23,598
Jul 20194284,29756.272.46$34,654
Jun 2019803,74252.782.49$13,544
May 20194152,82458.482.74$32,008
Apr 20192482,75262.632.75$23,102
Mar 20192754,37156.803.06$29,004
Feb 20192834,66950.852.79$27,427
Jan 20192804,87746.033.23$28,632
Dec 20181905,16646.594.19$30,474
Nov 20182194,76752.934.24$31,791
Oct 20183964,61061.443.40$39,995
Sep 20181872,20159.543.11$17,975
Aug 20182032,96559.403.07$21,151
Jul 20181961,55765.142.93$17,332
Jun 20181982,22060.183.08$18,746
May 20183001,70265.382.90$24,551
Apr 201836482863.842.90$25,640
Mar 201819197961.222.79$14,421
Feb 201818240461.782.77$12,361
Jan 20181991,45962.874.01$18,361
Dec 201737965757.272.92$23,625
Nov 20173831,43355.423.12$25,694
Oct 20171921,24549.292.98$13,178
Sep 20171911,27347.523.09$13,006
Aug 20171881,09145.373.00$11,807
Jul 20173222,25543.873.09$21,088
Jun 201718579742.493.09$10,321
May 201735723945.373.26$16,977
Apr 201717772947.933.21$10,825
Mar 20173691,95146.772.98$23,079
Feb 20171983,10250.452.95$19,148
Jan 20172214,29949.413.42$25,617
Dec 20163773,44648.763.72$31,211
Nov 20162294,69342.492.64$22,140
Oct 20162576,01746.193.09$30,465
Sep 20164024,64441.553.10$31,102
Aug 20162335,01241.442.92$24,312
Jul 20163952,52041.622.92$23,809
Jun 20162222,45645.352.69$16,664
May 20163595,16342.521.99$25,544
Apr 20161614,26136.561.99$14,370
Mar 20165164,84733.011.79$25,729
Feb 20161963,66826.472.06$12,758
Jan 20163212,45927.352.36$14,593
Dec 20154033,02032.362.00$19,085
Nov 20152244,64338.792.17$18,752
Oct 20155934,79643.552.43$37,463
Sep 20156025,03442.992.76$39,766
Aug 20156086,00240.162.87$41,658
Jul 20156066,78648.152.95$49,164
Jun 2015460256.152.88$1,960
May 201517242355.212.96$10,746
Apr 2015541449.822.71$1,370
Mar 20151861,09142.892.93$11,179
Feb 201534644.662.98$271
Jan 20153831,88143.433.10$22,466
Dec 201436137354.693.59$21,083
Nov 20144053,01170.464.25$41,339
Oct 20143874,07878.303.90$46,210
Sep 20142093,03686.164.05$30,289
Aug 20142112,81689.394.04$30,224
Jul 20144113,65896.564.18$54,975
Jun 20142103,22998.164.74$35,909
May 20145923,48994.734.73$72,571
Apr 20142163,58195.944.81$37,945
Mar 20144273,90395.895.06$60,682
Feb 20143903,25497.406.19$58,135
Jan 20142023,52890.404.86$35,409
Dec 20136273,16791.824.35$71,362
Nov 20133883,28888.853.74$46,765
Oct 20133883,23197.423.78$50,010
Sep 20133723,091104.113.72$50,220
Aug 20135603,676104.253.52$71,329
Jul 20133923,651102.523.72$53,761
Jun 20133643,36494.403.93$47,594
May 20135614,09894.834.15$70,203
Apr 20133704,58493.964.28$54,397
Mar 20133893,93593.623.91$51,815
Feb 20133864,49691.233.42$50,591
Jan 20133875,37491.603.42$53,828
Dec 20123965,71386.773.42$53,900
Nov 20122165,76186.953.62$39,665
Oct 20127456,61489.383.40$89,074
Sep 20123996,36794.672.92$56,355
Aug 20123874,15992.662.91$47,954
Jul 20124117,27585.133.02$56,965
Jun 20127386,69279.822.52$75,765
May 20125642,75391.612.49$58,518
Apr 201246817,758101.652.00$83,031
Mar 201270621,026105.052.22$120,887
Feb 201276918,362101.102.57$124,941
Jan 201251519,48498.092.73$103,787
Dec 201164612,63596.873.24$103,512
Nov 20116238,51295.723.31$87,819
Oct 201166914,04684.983.65$108,099
Sep 201193310,94083.623.99$121,622
Aug 201164114,25383.404.15$112,600
Jul 201179210,73994.144.52$123,070
Jun 201183116,98192.904.64$155,990
May 20111,10417,08698.134.40$183,596
Apr 201157110,199105.964.33$104,698
Mar 201176512,49696.364.06$124,416
Feb 201174614,42685.644.18$124,188
Jan 20111,11523,29186.504.59$203,325
Dec 20101,45928,12185.734.35$247,343
Nov 20101,33438,47480.843.80$253,862
Oct 20101,58342,19478.103.51$271,686
Sep 20102,10248,25372.633.98$344,690
Aug 20102,29267,76173.684.42$468,335
Jul 20103,27986,18872.554.74$646,120
Jun 20101,74123,45170.364.91$237,651
May 20104,074100,09371.124.24$713,659
Apr 20106,921119,77881.694.12$1,059,184
Mar 20104,800109,42978.394.39$856,520
Feb 2010268,00473.585.44$45,474

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           194 bbl  × $106.41 =    $20,644
Gas                4,938 Mcf  × $  3.05 =    $15,040

────────────────────────────────────────────────────
Month total                                  $35,684

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/257089 is the state's own key, not one this site invented.