OLD OCEAN UNIT

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

Gas lease lease 272241District 03Field 67011900CondensateGasSaveExport
Value, all time
$1.1 M
Nov 2012 – May 2026
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
163
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 162 leases and 164 wells, and the rule below applies to all of them.

Discovered
1941-02-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: SUSPENDED 11-19-79

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
CondensateDisposition5,027 bbl$331,412
GasProduction233,387 Mcf$813,656
Total$1,145,068

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 29.0374, -95.7206. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03737, -95.72062 · 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
11,100 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 11,100 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-0393269323511,100 ftNov 2012

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 (163)

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

163 months

May 2026161,208106.413.05$5,382
Apr 2026161,16198.932.87$4,915
Mar 2026161,23089.753.15$5,310
Feb 2026171,20563.503.75$5,599
Jan 2026161,19159.138.00$10,472
Dec 2025161,29756.664.41$6,631
Nov 2025141,15758.593.93$5,363
Oct 2025151,15459.383.30$4,704
Sep 2025141,10462.743.08$4,275
Aug 2025131,18963.933.01$4,416
Jul 2025151,10166.743.32$4,651
Jun 2025151,07566.483.13$4,361
May 2025141,09060.553.23$4,371
Apr 2025151,05462.363.54$4,670
Mar 2025171,00067.704.27$5,419
Feb 20251781970.884.34$4,760
Jan 2025211,14174.324.28$6,443
Dec 20241796068.993.12$4,169
Nov 20241695369.052.20$3,200
Oct 2024161,03571.372.28$3,503
Sep 20241686669.612.36$3,161
Aug 2024231,32975.632.06$4,482
Jul 2024161,08979.932.15$3,617
Jun 20241057278.082.63$2,287
May 2024829578.812.20$1,279
Apr 20241893884.451.66$3,076
Mar 20242098280.301.55$3,123
Feb 20241993076.091.78$3,105
Jan 2024211,06673.023.30$5,049
Dec 2023221,03371.262.61$4,265
Nov 20231998877.892.81$4,254
Oct 2023241,07585.443.09$5,369
Sep 20231695089.042.74$4,023
Aug 2023221,04580.522.67$4,565
Jul 2023191,05474.852.64$4,207
Jun 2023201,06668.962.26$3,787
May 2023221,06770.622.23$3,930
Apr 2023231,03578.122.24$4,113
Mar 2023251,06772.852.39$4,375
Feb 2023231,02175.112.47$4,245
Jan 2023251,16776.533.39$5,867
Dec 2022241,11776.415.73$8,233
Nov 2022261,10285.005.65$8,432
Oct 2022261,13787.185.86$8,934
Sep 2022241,11084.888.16$11,099
Aug 2022271,13794.529.13$12,930
Jul 2022261,298101.587.54$12,431
Jun 202212606115.097.98$6,215
May 2022283109.378.43$919
Apr 202207104.226.84$48
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20211077.435.24$77
Oct 2021929079.795.71$2,375
Sep 2021261,33469.865.35$8,954
Aug 2021311,39766.024.22$7,943
Jul 2021321,37370.783.98$7,732
Jun 2021321,42269.493.38$7,031
May 2021371,69463.483.02$7,461
Apr 2021624560.362.76$1,038
Mar 20210061.302.72$0
Feb 2021629357.805.55$1,972
Jan 20211569250.412.81$2,701
Dec 20201460144.642.68$2,233
Nov 20201254938.772.71$1,951
Oct 20201353436.972.48$1,804
Sep 20201146537.091.99$1,334
Aug 20201247239.982.39$1,606
Jul 20201147738.371.83$1,293
Jun 20201347334.901.69$1,253
May 2020947816.921.81$1,020
Apr 20201144614.751.80$967
Mar 20201144330.341.86$1,156
Feb 20201144849.881.98$1,436
Jan 20201146857.252.09$1,610
Dec 20191148759.012.30$1,771
Nov 20191047555.302.75$1,860
Oct 20191047253.472.42$1,676
Sep 20191045755.052.66$1,765
Aug 2019945753.112.30$1,531
Jul 20191045056.272.46$1,670
Jun 20191039452.782.49$1,509
May 20191040758.482.74$1,700
Apr 20191138962.632.75$1,759
Mar 20191240556.803.06$1,922
Feb 20191754450.852.79$2,383
Jan 2019381,38646.033.23$6,223
Dec 2018461,50546.594.19$8,442
Nov 2018431,75652.934.24$9,717
Oct 2018541,98761.443.40$10,070
Sep 2018221,44559.543.11$5,801
Aug 2018441,56159.403.07$7,401
Jul 2018431,60465.142.93$7,504
Jun 2018511,53960.183.08$7,805
May 2018571,61065.382.90$8,397
Apr 2018391,98063.842.90$8,233
Mar 2018621,79561.222.79$8,798
Feb 2018321,54461.782.77$6,248
Jan 2018611,73762.874.01$10,799
Dec 2017561,76157.272.92$8,352
Nov 2017551,41155.423.12$7,448
Oct 2017361,59149.292.98$6,521
Sep 2017311,02547.523.09$4,638
Aug 2017371,25645.373.00$5,452
Jul 2017411,70443.873.09$7,059
Jun 2017531,70942.493.09$7,528
May 2017511,76445.373.26$8,071
Apr 2017371,72547.933.21$7,313
Mar 2017521,71546.772.98$7,549
Feb 2017421,49550.452.95$6,533
Jan 2017461,89449.413.42$8,748
Dec 2016411,77648.763.72$8,611
Nov 2016431,76142.492.64$6,484
Oct 2016511,70246.193.09$7,615
Sep 2016541,69441.553.10$7,496
Aug 2016651,86241.442.92$8,139
Jul 2016451,91541.622.92$7,473
Jun 2016341,98945.352.69$6,884
May 2016301,63242.521.99$4,525
Apr 2016411,83436.561.99$5,151
Mar 2016401,88133.011.79$4,695
Feb 2016431,72526.472.06$4,698
Jan 2016402,01427.352.36$5,856
Dec 2015702,02132.362.00$6,310
Nov 2015431,96638.792.17$5,929
Oct 2015672,08843.552.43$7,985
Sep 2015452,15842.992.76$7,887
Aug 2015602,27940.162.87$8,956
Jul 2015582,35048.152.95$9,714
Jun 2015372,32956.152.88$8,792
May 2015462,28555.212.96$9,293
Apr 2015522,34349.822.71$8,932
Mar 2015382,41842.892.93$8,726
Feb 2015502,24944.662.98$8,926
Jan 2015491,60743.433.10$7,111
Dec 2014632,67854.693.59$13,063
Nov 2014732,74470.464.25$16,811
Oct 2014503,09678.303.90$15,992
Sep 2014772,93386.164.05$18,500
Aug 2014732,86389.394.04$18,078
Jul 2014642,90696.564.18$18,326
Jun 2014732,69098.164.74$19,908
May 2014613,03994.734.73$20,143
Apr 2014822,92495.944.81$21,929
Mar 2014493,08495.895.06$20,294
Feb 2014792,77497.406.19$24,871
Jan 2014583,16890.404.86$20,642
Dec 2013773,17991.824.35$20,913
Nov 2013523,10188.853.74$16,213
Oct 2013603,28097.423.78$18,242
Sep 2013633,150104.113.72$18,270
Aug 2013581,749104.253.52$12,208
Jul 2013731,912102.523.72$14,592
Jun 2013423,08894.403.93$16,111
May 2013613,53994.834.15$20,468
Apr 2013133,58293.964.28$16,562
Mar 2013201,36093.623.91$7,194
Feb 2013857991.233.42$2,710
Jan 2013172,61191.603.42$10,487
Dec 2012375,69386.773.42$22,681
Nov 2012253,40186.953.62$14,502

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            16 bbl  × $106.41 =     $1,703
Gas                1,208 Mcf  × $  3.05 =     $3,679

────────────────────────────────────────────────────
Month total                                   $5,382

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/272241 is the state's own key, not one this site invented.