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 49504District 03Field 67011900CondensateGasSaveExport
Value, all time
$47.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$254 k
at the published price for each month
Months reported
401
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
CondensateDisposition146,251 bbl$6,811,415
GasProduction9,704,862 Mcf$40,254,827
Total$47,066,242

1,087,576 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.0431, -95.7372. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04310, -95.73723 · 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
18,890 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 18,890 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-03903984116 T18,890 ftSep 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 (401)

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

401 months

May 2026392,760106.413.05$12,557
Apr 2026483,09098.932.87$13,616
Mar 2026644,84089.753.15$20,987
Feb 2026715,20063.503.75$24,010
Jan 2026554,10059.138.00$36,044
Dec 2025685,55356.664.41$28,360
Nov 2025655,27658.593.93$24,524
Oct 2025655,19559.383.30$21,028
Sep 2025453,42962.743.08$13,374
Aug 2025625,59063.933.01$20,816
Jul 2025705,37666.743.32$22,494
Jun 2025563,97366.483.13$16,153
May 2025524,05560.553.23$16,256
Apr 2025634,19162.363.54$18,778
Mar 2025845,05667.704.27$27,267
Feb 2025814,03170.884.34$23,239
Jan 2025925,11874.324.28$28,736
Dec 2024754,12568.993.12$18,050
Nov 2024764,57369.052.20$15,301
Oct 2024664,26871.372.28$14,447
Sep 2024663,68169.612.36$13,297
Aug 2024704,07575.632.06$13,703
Jul 2024583,14779.932.15$11,391
Jun 2024723,81678.082.63$15,673
May 2024893,97978.812.20$15,762
Apr 2024753,84784.451.66$12,717
Mar 2024824,03380.301.55$12,816
Feb 2024753,65276.091.78$12,221
Jan 2024783,92773.023.30$18,645
Dec 2023954,51371.262.61$18,552
Nov 2023844,34577.892.81$18,742
Oct 20231014,47485.443.09$22,442
Sep 2023724,28389.042.74$18,125
Aug 2023994,75880.522.67$20,689
Jul 2023884,86574.852.64$19,439
Jun 2023944,92668.962.26$17,608
May 2023984,79670.622.23$17,603
Apr 2023934,17878.122.24$16,615
Mar 20231014,31872.852.39$17,692
Feb 2023964,33075.112.47$17,887
Jan 2023944,37476.533.39$22,012
Dec 2022733,37876.415.73$24,931
Nov 2022873,65485.005.65$28,026
Oct 2022853,72387.185.86$29,241
Sep 2022652,96384.888.16$29,706
Aug 2022712,96794.529.13$33,791
Jul 2022803,693101.587.54$35,979
Jun 2022934,604115.097.98$47,430
May 20221154,851109.378.43$53,486
Apr 20221124,775104.226.84$44,322
Mar 20221104,923108.885.08$36,968
Feb 20221054,73691.054.86$32,572
Jan 20221254,66781.844.54$31,407
Dec 20211134,61671.323.90$26,058
Nov 20211224,87677.435.24$34,981
Oct 20211195,05179.795.71$38,356
Sep 2021884,63969.865.35$30,971
Aug 2021371,60166.024.22$9,200
Jul 2021602,42770.783.98$13,911
Jun 2021753,39069.493.38$16,672
May 2021843,52263.483.02$15,961
Apr 2021803,21260.362.76$13,689
Mar 2021753,39461.302.72$13,819
Feb 2021562,68957.805.55$18,155
Jan 2021763,61750.412.81$13,996
Dec 2020763,17544.642.68$11,887
Nov 2020703,08238.772.71$11,056
Oct 2020803,18036.972.48$10,839
Sep 2020713,01737.091.99$8,640
Aug 2020602,32039.982.39$7,932
Jul 2020773,26738.371.83$8,917
Jun 2020913,27134.901.69$8,705
May 2020764,03316.921.81$8,605
Apr 20201184,88314.751.80$10,551
Mar 20201204,94930.341.86$12,827
Feb 20201215,07949.881.98$16,095
Jan 20201245,27857.252.09$18,155
Dec 20191265,60359.012.30$20,347
Nov 2019934,17855.302.75$16,635
Oct 20191135,28653.472.42$18,827
Sep 20191075,06555.052.66$19,349
Aug 20191095,31053.112.30$18,025
Jul 20191175,41356.272.46$19,900
Jun 20191284,81952.782.49$18,761
May 20191295,06758.482.74$21,429
Apr 20191314,57162.632.75$20,778
Mar 20191284,67156.803.06$21,573
Feb 20191164,30750.852.79$17,925
Jan 20191043,73146.033.23$16,831
Dec 20181614,31846.594.19$25,574
Nov 20181233,96252.934.24$23,298
Oct 20181355,03161.443.40$25,390
Sep 2018644,29959.543.11$17,172
Aug 20181425,31759.403.07$24,740
Jul 20181235,43465.142.93$23,944
Jun 20181425,15760.183.08$24,413
May 20181485,20365.382.90$24,769
Apr 2018905,39463.842.90$21,393
Mar 20181555,17561.222.79$23,911
Feb 2018844,86861.782.77$18,655
Jan 20181404,73262.874.01$27,774
Dec 20171254,26557.272.92$19,619
Nov 20171524,66155.423.12$22,959
Oct 2017984,92649.292.98$19,528
Sep 2017973,29147.523.09$14,770
Aug 20171093,67945.373.00$15,999
Jul 20171155,12543.873.09$20,867
Jun 20171165,17142.493.09$20,893
May 20171525,29545.373.26$24,176
Apr 20171115,25947.933.21$22,210
Mar 20171555,18646.772.98$22,723
Feb 20171244,43550.452.95$19,351
Jan 20171535,57149.413.42$26,606
Dec 20161385,21848.763.72$26,155
Nov 20161455,25942.492.64$20,068
Oct 20161655,51546.193.09$24,664
Sep 20161034,63041.553.10$18,636
Aug 20161064,14841.442.92$16,523
Jul 2016763,76041.622.92$14,159
Jun 2016944,76145.352.69$17,050
May 20161074,19642.521.99$12,904
Apr 20161233,94636.561.99$12,354
Mar 20161194,02433.011.79$11,147
Feb 20161323,84126.472.06$11,420
Jan 20161365,05527.352.36$15,671
Dec 20151786,09232.362.00$17,953
Nov 20151126,36238.792.17$18,133
Oct 20151335,70643.552.43$19,638
Sep 2015724,49142.992.76$15,483
Aug 2015974,58240.162.87$17,057
Jul 20151135,33348.152.95$21,147
Jun 20151236,90456.152.88$26,810
May 20151406,12855.212.96$25,840
Apr 20151616,37349.822.71$25,270
Mar 20151267,19742.892.93$26,525
Feb 20151616,73644.662.98$27,238
Jan 20151347,26743.433.10$28,352
Dec 2014984,87754.693.59$22,875
Nov 20141645,32470.464.25$34,192
Oct 20141037,34378.303.90$36,710
Sep 20141006,34886.164.05$34,296
Aug 2014975,73289.394.04$31,800
Jul 2014757,35596.564.18$37,983
Jun 20141646,79898.164.74$48,300
May 20141327,52694.734.73$48,076
Apr 20141227,38495.944.81$47,215
Mar 20141507,85195.895.06$54,084
Feb 20141617,09897.406.19$59,632
Jan 20141887,93890.404.86$55,580
Dec 20132239,42691.824.35$61,521
Nov 20131266,48988.853.74$35,453
Oct 2013935,09697.423.78$28,320
Sep 20131045,089104.113.72$29,747
Aug 20131065,672104.253.52$31,031
Jul 20131184,912102.523.72$30,359
Jun 2013664,56994.403.93$24,202
May 20131174,77494.834.15$30,903
Apr 2013596,15293.964.28$31,890
Mar 20131528,62693.623.91$47,983
Feb 20131337,23991.233.42$36,890
Jan 20131367,47591.603.42$38,021
Dec 201228810,86586.773.42$62,150
Nov 201238310,56186.953.62$71,585
Oct 201235415,37289.383.40$83,900
Sep 201235515,96594.672.92$80,200
Aug 201222412,73992.662.91$57,803
Jul 201233112,92085.133.02$67,207
Jun 201239310,95179.822.52$58,955
May 201230310,20591.612.49$53,151
Apr 20122688,870101.652.00$44,954
Mar 20122587,476105.052.22$43,715
Feb 201227811,233101.102.57$56,977
Jan 201229712,50898.092.73$63,331
Dec 201131212,16496.873.24$69,632
Nov 201134014,21295.723.31$79,605
Oct 201136714,07484.983.65$82,537
Sep 201129711,71583.623.99$71,529
Aug 201131213,18883.404.15$80,742
Jul 201135716,08094.144.52$106,245
Jun 201130711,71292.904.64$82,863
May 201133314,94098.134.40$98,485
Apr 20112777,807105.964.33$63,181
Mar 201143810,66996.364.06$85,493
Feb 201136817,54285.644.18$104,841
Jan 201146219,29886.504.59$128,517
Dec 201048619,81185.734.35$127,798
Nov 201048019,76680.843.80$113,822
Oct 201058324,26378.103.51$130,669
Sep 201060822,36772.633.98$133,168
Aug 201048512,01073.684.42$88,811
Jul 201054716,93972.554.74$119,916
Jun 201039020,56870.364.91$128,438
May 201055522,30771.124.24$133,947
Apr 201047122,85981.694.12$132,717
Mar 201056823,91078.394.39$149,459
Feb 201050020,97473.585.44$150,938
Jan 201056816,67174.365.96$141,664
Dec 200946320,45871.445.48$145,263
Nov 200955019,85574.593.75$115,511
Oct 200950521,22072.544.11$123,852
Sep 200936320,54765.543.06$86,762
Aug 200958722,69367.423.22$112,613
Jul 200950323,45361.133.46$112,001
Jun 200935023,13366.163.90$113,259
May 200981723,19354.743.93$135,773
Apr 200970323,37446.773.59$116,734
Mar 200975925,64042.144.06$136,057
Feb 200924624,21832.814.63$120,273
Jan 20091,32027,42935.865.37$194,656
Dec 200824430,21337.105.98$189,640
Nov 200867630,83055.496.86$249,016
Oct 200812834,56875.246.92$248,910
Sep 200887225,931101.767.88$292,996
Aug 200843031,188114.228.48$313,683
Jul 200836231,737131.0811.39$408,917
Jun 200841132,027131.3313.03$471,373
May 20081,21235,223123.1711.57$556,963
Apr 200814537,722110.3110.45$410,373
Mar 20081,20432,092101.909.66$432,827
Feb 20082831,24592.538.77$276,628
Jan 200889134,16690.388.21$360,886
Dec 200771133,04988.337.30$304,125
Nov 200758435,47791.677.29$312,223
Oct 200775540,07382.856.92$339,936
Sep 200753938,78475.846.24$283,051
Aug 200760539,97069.066.39$297,107
Jul 200766340,95070.906.39$308,593
Jun 200753940,38562.007.55$338,262
May 200777742,05358.747.85$375,601
Apr 200762141,32859.617.81$359,591
Mar 200780143,23556.927.30$361,294
Feb 200768139,72555.108.22$363,904
Jan 200787746,38450.306.73$356,131
Dec 200696546,61956.656.92$377,198
Nov 200685245,33954.207.62$391,547
Oct 200685246,92554.906.01$328,972
Sep 200673242,69360.085.04$259,032
Aug 200698350,33568.717.34$436,997
Jul 200695249,72169.376.34$381,409
Jun 200685145,32066.286.38$345,722
May 200683348,88866.016.42$369,092
Apr 200675144,89564.397.36$378,806
Mar 200680847,67256.707.08$383,471
Feb 20061,22843,19957.597.75$405,561
Jan 200687948,93160.598.93$490,375
Dec 200591749,71854.9413.42$717,367
Nov 20051,07249,28254.6910.59$580,445
Oct 20051,16353,24058.3413.80$802,336
Sep 200577739,29061.4512.08$522,331
Aug 200573345,31561.519.80$489,031
Jul 200591048,63755.697.84$432,169
Jun 200581448,94352.337.38$403,847
May 200559835,18645.226.65$261,069
Apr 200537929,12849.207.36$233,043
Mar 200562530,00850.377.15$246,185
Feb 200562727,10645.226.31$199,444
Jan 200565228,85443.166.32$210,561
Dec 200447528,13939.866.75$208,902
Nov 200444026,02345.286.33$184,660
Oct 200442625,93849.706.52$190,161
Sep 200450229,66043.245.28$178,427
Aug 200456234,50942.375.55$215,360
Jul 200460139,95738.286.08$266,112
Jun 200467938,67836.106.43$273,328
May 200468241,66037.486.49$296,126
Apr 200467140,99234.475.86$263,279
Mar 200478541,73034.365.53$257,745
Feb 200469742,38632.455.51$256,148
Jan 200488045,98832.036.30$317,894
Dec 200382046,23830.266.30$316,188
Nov 200375045,51928.804.60$230,767
Oct 200371644,28628.174.76$230,955
Sep 200371842,82826.314.75$222,296
Aug 200369245,26629.765.13$252,796
Jul 200391745,64929.415.17$263,013
Jun 200365744,35428.565.98$284,132
May 200383439,33426.595.97$257,105
Apr 20031,04647,15626.675.41$282,883
Mar 200382745,55231.146.10$303,440
Feb 200369640,22833.487.93$342,144
Jan 200376044,66430.315.58$272,352
Dec 200279645,14526.914.85$240,543
Nov 200255844,92524.664.14$199,613
Oct 200275246,27126.464.23$215,584
Sep 200281347,25127.443.64$194,076
Aug 200258561,31625.963.16$209,200
Jul 200268064,22924.583.06$213,368
Jun 200255762,52523.733.34$221,941
May 200263566,11824.663.58$252,626
Apr 200264665,40123.653.51$244,987
Mar 200292467,51222.003.10$229,799
Feb 200260557,24418.222.38$147,017
Jan 200274363,49817.172.38$163,608
Dec 200170165,44716.932.36$166,611
Nov 200170563,55618.072.41$165,625
Oct 200175064,60519.782.53$178,213
Sep 200161958,55024.262.25$146,832
Aug 200149263,72524.873.05$206,799
Jul 200153258,77123.933.20$200,626
Jun 200145258,20324.563.82$233,679
May 200154858,61225.524.31$266,446
Apr 200151565,36924.685.34$361,475
Mar 200183267,71224.545.38$384,467
Feb 200171955,73627.755.77$341,386
Jan 20011,47670,80827.478.40$635,245
Dec 20001,65273,15326.889.12$711,744
Nov 20001,66665,53832.215.66$424,476
Oct 20001,18668,95831.235.15$391,862
Sep 20001,08550,96731.875.19$298,919
Aug 20001,06846,68229.644.54$243,627
Jul 20001,28650,81428.534.09$244,506
Jun 20001,41746,31029.304.40$245,155
May 20001,08460,78827.263.68$253,234
Apr 200073963,91324.513.12$217,266
Mar 200076167,24128.422.86$213,920
Feb 20001,13572,09927.622.73$227,927
Jan 20001,17471,65325.272.48$207,402
Dec 19991,77675,81724.282.42$226,880
Nov 199993173,91023.192.43$201,486
Oct 199998973,82720.982.80$227,739
Sep 199991459,76221.752.62$176,387
Aug 19991,22464,28619.262.88$208,435
Jul 19991,14271,96417.892.37$191,156
Jun 199973868,43815.942.36$173,421
May 19991,07376,69615.792.32$194,956
Apr 19991,32373,74315.102.21$182,806
Mar 19991,58679,14512.471.84$165,272
Feb 19991,10175,9229.981.82$148,998
Jan 19991,25985,17210.381.90$174,891
Dec 19981,50776,4089.201.77$149,360
Nov 19981,02968,69810.892.19$161,360
Oct 199890763,51012.421.97$136,329
Sep 19981,01545,55812.592.08$107,659
Aug 199839262,17311.301.91$123,015
Jul 19987063,18511.742.24$142,184
Jun 19985038,50711.242.24$86,713
May 19984547,39112.622.21$105,129
Apr 19987373,24213.042.51$184,447
Mar 19984081,06612.802.31$187,729
Feb 19983752,69713.952.30$121,673
Jan 19985360,74414.702.15$131,670
Dec 19975012,82916.322.41$31,748
Nov 19974129,18718.193.09$90,883
Oct 19972837,96919.253.15$120,135
Sep 19976742,30917.742.95$126,207
Aug 19973349,88717.862.55$128,038
Jul 19972561,35317.582.25$138,296
Jun 19975070,66417.242.26$160,365
May 19971210,52318.972.31$24,520
Apr 199725017.882.08$447
Mar 1997532,71918.951.94$6,277
Feb 19978313,27020.492.21$30,973
Jan 19976519,00323.483.54$68,791
Dec 19966520,35923.32$1,516
Nov 19967620,29321.97$1,670
Oct 19966423,09123.31$1,492
Sep 19964020,76822.22$889
Aug 19964121,33320.26$831
Jul 19964523,44319.55$880
Jun 19964522,13218.73$843
May 19965421,89419.43$1,049
Apr 19964619,84521.51$989
Mar 19964921,23819.38$950
Feb 19967221,39716.98$1,223
Jan 19964324,01317.07$734
Dec 19955723,36217.19$980
Nov 19956824,52716.00$1,088
Oct 19952823,83715.43$432
Sep 19955022,73616.18$809
Aug 19956224,36115.92$987
Jul 19956524,95415.24$991
Jun 19958424,07316.41$1,378
May 19958924,91717.56$1,563
Apr 199527128,95817.73$4,805
Mar 199520524,67516.44$3,370
Feb 199518222,12516.58$3,018
Jan 199526225,43315.92$4,171
Dec 199435622,48015.03$5,351
Nov 199431722,47915.90$5,040
Oct 199412022,47915.58$1,870
Sep 199425027,65115.29$3,823
Aug 199451526,33316.13$8,307
Jul 19948622,53817.56$1,510
Jun 199413622,53817.09$2,324
May 199417623,85115.88$2,795
Apr 199414221,97714.14$2,008
Mar 199418323,74212.46$2,280
Feb 199421221,92512.50$2,650
Jan 199411523,39112.66$1,456
Dec 199311322,41412.33$1,393
Nov 199315021,77014.49$2,174
Oct 199315222,17615.85$2,409
Sep 19936220,98115.03$932
Aug 199310124,19615.66$1,582
Jul 199311422,17315.46$1,762
Jun 199311622,98816.79$1,948
May 199313024,31217.68$2,298
Apr 199311023,21018.05$1,986
Mar 19938023,95318.14$1,451
Feb 199310711017.90$1,915
Jan 199313724,14516.93$2,319

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            39 bbl  × $106.41 =     $4,150
Gas                2,760 Mcf  × $  3.05 =     $8,407

────────────────────────────────────────────────────
Month total                                  $12,557

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/49504 is the state's own key, not one this site invented.