OLD OCEAN UNIT

Name: OLD OCEAN UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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 7673District 03Field 67011900CondensateGasSave Export

Value, all time

$28.1 M

Jan 1993 – Jan 2010

Value, last 12 filed months

$301 k

at the published price for each month

Months reported

205

no gaps in the span

Streams

condensate, gas

The OLD OCEAN (LARSEN) field

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.

Stream	Basis	Volume	Value
Condensate	Disposition	64,000 bbl	$2,605,434
Gas	Production	5,877,467 Mcf	$25,502,935
Total			$28,108,369

800,479 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 29.0558, -95.7120. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.05583, -95.71202 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

10,840 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

1100.0%

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.

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 10,840 ft.

Completions filed

Jan 2010

1 of 1 wells

1 well


42-03904008	148	10,840 ft	Jan 2010	—	Yes

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 (205)

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

205 months


Jan 2010	1	0	74.36	5.96	$74
Dec 2009	3	4	71.44	5.48	$236
Nov 2009	1	0	74.59	3.75	$75
Oct 2009	19	89	72.54	4.11	$1,744
Sep 2009	46	2,241	65.54	3.06	$9,883
Aug 2009	95	3,843	67.42	3.22	$18,774
Jul 2009	20	1	61.13	3.46	$1,226
Jun 2009	72	4,444	66.16	3.90	$22,073
May 2009	242	8,376	54.74	3.93	$46,129
Apr 2009	308	14,068	46.77	3.59	$64,874
Mar 2009	411	19,471	42.14	4.06	$96,352
Feb 2009	216	6,982	32.81	4.63	$39,435
Jan 2009	869	22,544	35.86	5.37	$152,246
Dec 2008	244	25,859	37.10	5.98	$163,615
Nov 2008	599	25,522	55.49	6.86	$208,329
Oct 2008	82	26,775	75.24	6.92	$191,506
Sep 2008	596	23,097	101.76	7.88	$242,586
Aug 2008	508	17,107	114.22	8.48	$203,143
Jul 2008	320	25,404	131.08	11.39	$331,283
Jun 2008	1,045	28,735	131.33	13.03	$511,732
May 2008	111	28,424	123.17	11.57	$342,659
Apr 2008	490	26,428	110.31	10.45	$330,353
Mar 2008	430	21,978	101.90	9.66	$256,214
Feb 2008	582	19,817	92.53	8.77	$227,659
Jan 2008	239	21,917	90.38	8.21	$201,446
Dec 2007	392	18,204	88.33	7.30	$167,550
Nov 2007	332	19,993	91.67	7.29	$176,217
Oct 2007	452	23,818	82.85	6.92	$202,316
Sep 2007	315	22,450	75.84	6.24	$164,071
Aug 2007	371	24,293	69.06	6.39	$180,803
Jul 2007	392	24,022	70.90	6.39	$181,244
Jun 2007	327	24,306	62.00	7.55	$203,747
May 2007	492	26,404	58.74	7.85	$236,073
Apr 2007	290	19,123	59.61	7.81	$166,546
Mar 2007	478	25,598	56.92	7.30	$214,124
Feb 2007	395	22,841	55.10	8.22	$209,426
Jan 2007	486	25,518	50.30	6.73	$196,102
Dec 2006	562	26,955	56.65	6.92	$218,324
Nov 2006	485	25,579	54.20	7.62	$221,135
Oct 2006	502	27,430	54.90	6.01	$192,518
Sep 2006	224	12,928	60.08	5.04	$78,579
Aug 2006	129	9,603	68.71	7.34	$79,349
Jul 2006	146	11,087	69.37	6.34	$80,450
Jun 2006	138	10,690	66.28	6.38	$77,390
May 2006	277	16,102	66.01	6.42	$121,740
Apr 2006	274	16,263	64.39	7.36	$137,346
Mar 2006	363	21,217	56.70	7.08	$170,860
Feb 2006	404	20,688	57.59	7.75	$183,622
Jan 2006	383	21,139	60.59	8.93	$212,047
Dec 2005	547	29,415	54.94	13.42	$424,666
Nov 2005	437	29,235	54.69	10.59	$333,451
Oct 2005	473	31,538	58.34	13.80	$462,686
Sep 2005	379	27,923	61.45	12.08	$360,571
Aug 2005	520	31,869	61.51	9.80	$344,201
Jul 2005	450	35,033	55.69	7.84	$299,847
Jun 2005	551	32,202	52.33	7.38	$266,518
May 2005	311	26,618	45.22	6.65	$191,104
Apr 2005	727	30,136	49.20	7.36	$257,584
Mar 2005	466	32,583	50.37	7.15	$256,600
Feb 2005	421	27,971	45.22	6.31	$195,588
Jan 2005	619	35,557	43.16	6.32	$251,515
Dec 2004	614	36,406	39.86	6.75	$270,254
Nov 2004	577	34,356	45.28	6.33	$243,614
Oct 2004	557	33,872	49.70	6.52	$248,362
Sep 2004	765	45,516	43.24	5.28	$273,581
Aug 2004	824	52,153	42.37	5.55	$324,396
Jul 2004	787	52,747	38.28	6.08	$351,049
Jun 2004	765	47,203	36.10	6.43	$331,274
May 2004	490	27,684	37.48	6.49	$198,161
Apr 2004	677	40,584	34.47	5.86	$261,096
Mar 2004	866	45,741	34.36	5.53	$282,710
Feb 2004	771	46,682	32.45	5.51	$282,219
Jan 2004	984	51,490	32.03	6.30	$355,886
Dec 2003	917	51,310	30.26	6.30	$351,086
Nov 2003	846	51,707	28.80	4.60	$261,967
Oct 2003	781	49,276	28.17	4.76	$256,537
Sep 2003	617	45,442	26.31	4.75	$232,054
Aug 2003	249	48,358	29.76	5.13	$255,473
Jul 2003	344	51,201	29.41	5.17	$274,869
Jun 2003	253	49,826	28.56	5.98	$305,333
May 2003	351	52,067	26.59	5.97	$320,313
Apr 2003	400	53,181	26.67	5.41	$298,233
Mar 2003	341	55,098	31.14	6.10	$346,498
Feb 2003	279	51,245	33.48	7.93	$415,503
Jan 2003	200	57,578	30.31	5.58	$327,465
Dec 2002	176	58,330	26.91	4.85	$287,856
Nov 2002	121	56,370	24.66	4.14	$236,184
Oct 2002	162	56,293	26.46	4.23	$242,356
Sep 2002	149	52,694	27.44	3.64	$195,642
Aug 2002	85	39,119	25.96	3.16	$125,985
Jul 2002	100	41,813	24.58	3.06	$130,479
Jun 2002	78	37,782	23.73	3.34	$127,976
May 2002	89	40,196	24.66	3.58	$146,257
Apr 2002	97	40,147	23.65	3.51	$143,303
Mar 2002	146	43,951	22.00	3.10	$139,580
Feb 2002	98	40,231	18.22	2.38	$97,362
Jan 2002	121	44,261	17.17	2.38	$107,228
Dec 2001	113	46,223	16.93	2.36	$111,203
Nov 2001	119	44,816	18.07	2.41	$109,956
Oct 2001	194	47,508	19.78	2.53	$123,979
Sep 2001	245	43,428	24.26	2.25	$103,714
Aug 2001	455	46,407	24.87	3.05	$153,004
Jul 2001	641	46,251	23.93	3.20	$163,207
Jun 2001	401	45,335	24.56	3.82	$183,217
May 2001	231	51,333	25.52	4.31	$227,003
Apr 2001	205	40,460	24.68	5.34	$220,926
Mar 2001	337	42,231	24.54	5.38	$235,322
Feb 2001	288	40,229	27.75	5.77	$239,996
Jan 2001	373	38,265	27.47	8.40	$331,625
Dec 2000	310	44,591	26.88	9.12	$415,114
Nov 2000	323	42,057	32.21	5.66	$248,362
Oct 2000	242	43,227	31.23	5.15	$229,982
Sep 2000	310	47,222	31.87	5.19	$254,797
Aug 2000	361	52,851	29.64	4.54	$250,683
Jul 2000	430	55,436	28.53	4.09	$238,987
Jun 2000	485	54,146	29.30	4.40	$252,304
May 2000	334	54,993	27.26	3.68	$211,465
Apr 2000	408	59,007	24.51	3.12	$193,866
Mar 2000	471	50,739	28.42	2.86	$158,487
Feb 2000	1,017	59,063	27.62	2.73	$189,125
Jan 2000	1,721	67,691	25.27	2.48	$211,397
Dec 1999	2,542	71,624	24.28	2.42	$235,316
Nov 1999	1,395	65,750	23.19	2.43	$192,385
Oct 1999	1,482	80,698	20.98	2.80	$257,346
Sep 1999	1,373	83,718	21.75	2.62	$249,108
Aug 1999	1,836	86,848	19.26	2.88	$285,101
Jul 1999	1,714	53,357	17.89	2.37	$157,246
Jun 1999	1,066	49,839	15.94	2.36	$134,717
May 1999	574	53,176	15.79	2.32	$132,486
Apr 1999	0	34,484	15.10	2.21	$76,142
Mar 1999	0	50,261	12.47	1.84	$92,396
Feb 1999	0	49,191	9.98	1.82	$89,419
Jan 1999	0	59,904	10.38	1.90	$113,815
Dec 1998	0	64,305	9.20	1.77	$114,033
Nov 1998	0	64,994	10.89	2.19	$142,059
Oct 1998	0	60,166	12.42	1.97	$118,479
Sep 1998	0	9,888	12.59	2.08	$20,593
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	0	11.74	2.24	$0
Jun 1998	0	0	11.24	2.24	$0
May 1998	0	0	12.62	2.21	$0
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	1	0	14.70	2.15	$15
Dec 1997	1	0	16.32	2.41	$16
Nov 1997	1	0	18.19	3.09	$18
Oct 1997	1	0	19.25	3.15	$19
Sep 1997	7	0	17.74	2.95	$124
Aug 1997	9	0	17.86	2.55	$161
Jul 1997	14	0	17.58	2.25	$246
Jun 1997	65	0	17.24	2.26	$1,121
May 1997	64	0	18.97	2.31	$1,214
Apr 1997	64	4,931	17.88	2.08	$11,415
Mar 1997	60	14,703	18.95	1.94	$29,648
Feb 1997	93	15,126	20.49	2.21	$35,272
Jan 1997	73	19,149	23.48	3.54	$69,496
Dec 1996	73	19,765	23.32	—	$1,702
Nov 1996	85	18,719	21.97	—	$1,867
Oct 1996	71	19,529	23.31	—	$1,655
Sep 1996	44	18,948	22.22	—	$978
Aug 1996	46	19,422	20.26	—	$932
Jul 1996	50	20,970	19.55	—	$978
Jun 1996	50	18,958	18.73	—	$937
May 1996	60	17,696	19.43	—	$1,166
Apr 1996	50	17,128	21.51	—	$1,076
Mar 1996	55	16,791	19.38	—	$1,066
Feb 1996	80	16,948	16.98	—	$1,358
Jan 1996	48	17,917	17.07	—	$819
Dec 1995	63	17,522	17.19	—	$1,083
Nov 1995	75	17,352	16.00	—	$1,200
Oct 1995	31	17,768	15.43	—	$478
Sep 1995	53	16,639	16.18	—	$858
Aug 1995	64	16,359	15.92	—	$1,019
Jul 1995	60	15,844	15.24	—	$914
Jun 1995	67	17,080	16.41	—	$1,099
May 1995	59	17,818	17.56	—	$1,036
Apr 1995	146	20,153	17.73	—	$2,589
Mar 1995	113	17,071	16.44	—	$1,858
Feb 1995	101	14,683	16.58	—	$1,675
Jan 1995	146	16,845	15.92	—	$2,324
Dec 1994	192	14,358	15.03	—	$2,886
Nov 1994	167	14,359	15.90	—	$2,655
Oct 1994	62	14,359	15.58	—	$966
Sep 1994	128	17,317	15.29	—	$1,957
Aug 1994	217	16,436	16.13	—	$3,500
Jul 1994	56	13,668	17.56	—	$983
Jun 1994	68	13,669	17.09	—	$1,162
May 1994	88	14,648	15.88	—	$1,397
Apr 1994	69	13,294	14.14	—	$976
Mar 1994	98	13,936	12.46	—	$1,221
Feb 1994	116	15,443	12.50	—	$1,450
Jan 1994	58	15,003	12.66	—	$734
Dec 1993	60	13,868	12.33	—	$740
Nov 1993	88	14,138	14.49	—	$1,275
Oct 1993	97	16,321	15.85	—	$1,537
Sep 1993	41	16,574	15.03	—	$616
Aug 1993	70	19,750	15.66	—	$1,096
Jul 1993	75	18,807	15.46	—	$1,160
Jun 1993	71	18,026	16.79	—	$1,192
May 1993	75	17,755	17.68	—	$1,326
Apr 1993	59	16,337	18.05	—	$1,065
Mar 1993	42	14,813	18.14	—	$762
Feb 1993	55	14,440	17.90	—	$985
Jan 1993	73	15,235	16.93	—	$1,236

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.

Jan 2010 — as filed, then multipliedworked

Condensate             1 bbl  × $ 74.36 =        $74
Gas                    0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                      $74

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/7673 is the state's own key, not one this site invented.