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 49722District 03Field 67011900CondensateGasSaveExport
Value, all time
$2.2 M
Jan 1993 – Jun 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
246
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
CondensateDisposition6,202 bbl$90,630
GasProduction1,360,853 Mcf$2,145,265
Total$2,235,895

567,827 Mcf of this lease's gas, across 38 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 29.0413, -95.7621. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.04125, -95.76211 · 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
10,950 ft
1 wells filed one
Completion to plug
20 months
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 10,950 ft.

Completions filed
Oct 2011
1 of 1 wells
Plug dates filed
Jun 2013
1 of 1 wells

Last completion to plug: a median of 20 months across the 1 well that filed both dates, with the middle half between 20 months and 20 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-039028195910,950 ftOct 2011Jun 2013Yes

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 (246)

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

246 months

Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010423.933.20$13
Jun 200104,22924.563.82$16,172
May 2001072625.524.31$3,127
Apr 200102,79924.685.34$14,934
Mar 200107,46724.545.38$40,146
Feb 200107,45027.755.77$42,965
Jan 200106,72927.478.40$56,515
Dec 200004,03026.889.12$36,764
Nov 200003,06432.215.66$17,336
Oct 200005,01331.235.15$25,794
Sep 200007,24731.875.19$37,587
Aug 200005,76829.644.54$26,191
Jul 200007,65328.534.09$31,299
Jun 200009,04429.304.40$39,769
May 2000011,31627.263.68$41,640
Apr 2000010,99224.513.12$34,251
Mar 2000013,40128.422.86$38,324
Feb 200009,98727.622.73$27,230
Jan 2000013,85125.272.48$34,357
Dec 1999014,65624.282.42$35,522
Nov 1999014,15523.192.43$34,453
Oct 1999015,23720.982.80$42,720
Sep 1999015,22021.752.62$39,859
Aug 1999012,99019.262.88$37,354
Jul 1999018,71117.892.37$44,389
Jun 1999619,21015.942.36$45,472
May 199915418,37315.792.32$45,076
Apr 19992935,81515.102.21$17,264
Mar 199934919,44512.471.84$40,098
Feb 199924812,9349.981.82$25,986
Jan 199928318,03310.381.90$37,199
Dec 199833817,5909.201.77$34,302
Nov 199823518,04510.892.19$42,000
Oct 199820917,82312.421.97$37,693
Sep 199824119,42112.592.08$43,481
Aug 199815222,47911.301.91$44,593
Jul 199814724,04911.742.24$55,530
Jun 199814525,31811.242.24$58,273
May 199817726,79312.622.21$61,348
Apr 199829620,84213.042.51$56,076
Mar 19988826,68712.802.31$62,758
Feb 199817620,33713.952.30$49,213
Jan 199818644,09814.702.15$97,756
Dec 199725926,01416.322.41$66,949
Nov 199719621,25818.193.09$69,215
Oct 199713739,05719.253.15$125,660
Sep 199736233,10217.742.95$104,234
Aug 199716743,64617.862.55$114,487
Jul 1997102017.582.25$1,793
Jun 199780017.242.26$1,379
May 19978079318.972.31$3,348
Apr 1997437,24217.882.08$15,852
Mar 1997416,72318.951.94$13,814
Feb 1997637,44620.492.21$17,716
Jan 1997508,71423.483.54$32,019
Dec 1996507,63523.32$1,166
Nov 1996576,50221.97$1,252
Oct 1996498,14423.31$1,142
Sep 1996308,08022.22$667
Aug 1996316,48720.26$628
Jul 19963416,68519.55$665
Jun 19963416,09618.73$637
May 19964116,91419.43$797
Apr 19963517,39421.51$753
Mar 19963816,65819.38$736
Feb 19965418,68016.98$917
Jan 19963211,31217.07$546
Dec 19954313,64117.19$739
Nov 19955117,85716.00$816
Oct 19952116,08315.43$324
Sep 19953514,77316.18$566
Aug 19954015,93515.92$637
Jul 19953616,46715.24$549
Jun 19953415,95016.41$558
May 19952116,60917.56$369
Apr 19951919,11717.73$337
Mar 19951616,38216.44$263
Feb 19951117,25616.58$182
Jan 19951719,63515.92$271
Dec 19942015,47615.03$301
Nov 19942315,47715.90$366
Oct 1994915,47615.58$140
Sep 19941819,65915.29$275
Aug 1994018,87516.13$0
Jul 1994016,41917.56$0
Jun 1994016,41917.09$0
May 1994017,74915.88$0
Apr 1994013,74914.14$0
Mar 1994018,33512.46$0
Feb 1994016,51412.50$0
Jan 199404,72912.66$0
Dec 1993020,38912.33$0
Nov 199308,26914.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Jul 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 23.93 =         $0
Gas                    4 Mcf  × $  3.20 =        $13

────────────────────────────────────────────────────
Month total                                      $13

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/49722 is the state's own key, not one this site invented.