BORDAGES, I. R. ET AL -A-

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

Gas lease lease 265804District 03Field 30153001Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$65 k
Oct 2012 – Aug 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
71
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 other leases, and the rule below applies to all of them.

Discovered
1927-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME.

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
CondensateDisposition2 bbl$72
GasProduction16,881 Mcf$64,620
Total$64,691

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 29.8806, -94.2639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.88057, -94.26395 · 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
5,820 ft
1 wells filed one
Completion to plug
44.3 years
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 5,820 ft.

Completions filed
May 1974
1 of 1 wells
Plug dates filed
Aug 2018
1 of 1 wells

Last completion to plug: a median of 44.3 years across the 1 well that filed both dates, with the middle half between 44.3 years and 44.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24530277175,820 ftMay 1974Aug 2018Yes

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 (71)

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

71 months

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 201611533.011.79$60
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201511038.792.17$60
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201504840.162.87$138
Jul 20150048.152.95$0
Jun 201502756.152.88$78
May 2015049555.212.96$1,463
Apr 2015068849.822.71$1,862
Mar 2015057742.892.93$1,693
Feb 2015047144.662.98$1,402
Jan 2015064643.433.10$2,003
Dec 2014056254.693.59$2,018
Nov 2014050670.464.25$2,151
Oct 2014065878.303.90$2,567
Sep 2014084886.164.05$3,431
Aug 2014071789.394.04$2,893
Jul 2014066496.564.18$2,775
Jun 2014059098.164.74$2,795
May 2014036494.734.73$1,720
Apr 2014025195.944.81$1,207
Mar 20140095.895.06$0
Feb 2014048197.406.19$2,978
Jan 2014059790.404.86$2,902
Dec 2013062191.824.35$2,704
Nov 2013061788.853.74$2,307
Oct 2013062497.423.78$2,358
Sep 20130559104.113.72$2,078
Aug 20130489104.253.52$1,723
Jul 20130341102.523.72$1,268
Jun 2013026694.403.93$1,046
May 2013025394.834.15$1,050
Apr 2013024893.964.28$1,062
Mar 2013058793.623.91$2,297
Feb 2013056391.233.42$1,925
Jan 2013047591.603.42$1,624
Dec 2012088886.773.42$3,037
Nov 2012069286.953.62$2,508
Oct 2012044389.383.40$1,506

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.

Mar 2016 — as filed, then multipliedworked
Condensate             1 bbl  × $ 33.01 =        $33
Gas                   15 Mcf  × $  1.79 =        $27

────────────────────────────────────────────────────
Month total                                      $60

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/265804 is the state's own key, not one this site invented.