HERBERT HEIRS

Operated by CONTINENTAL OPERATING CO. (P-5 173749) in the GUM ISLAND, N (HACKBERRY 10800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 94022District 03Field 37456650NGPA filingCondensateGasSaveExport
Value, all time
$363 k
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1981-04-29
as the register files it
Field class
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: ALLOCATION FORMULA EFF. 100181 PER AMENDMENT TO SWR 28 & 29

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition15,065 bbl$270,951
GasProduction82,599 Mcf$92,107
Total$363,058

52,262 Mcf of this lease's gas, across 47 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 29.8511, -94.0786. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.85113, -94.07865 · 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
12,120 ft
1 wells filed one
Completion to plug
32.2 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 12,120 ft.

Completions filed
Apr 1981
1 of 1 wells
Plug dates filed
Jun 2013
1 of 1 wells

Last completion to plug: a median of 32.2 years across the 1 well that filed both dates, with the middle half between 32.2 years and 32.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24531439112,120 ftApr 1981Jun 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 20017024.873.05$174
Jul 200122023.933.20$526
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20015218724.685.34$2,281
Mar 200120858224.545.38$8,233
Feb 200117353427.755.77$7,880
Jan 200118557427.478.40$9,903
Dec 200022062526.889.12$11,615
Nov 200015067632.215.66$8,656
Oct 200037081731.235.15$15,759
Sep 20009561231.875.19$6,202
Aug 20007850829.644.54$4,619
Jul 20001022228.534.09$1,193
Jun 20002031429.304.40$1,967
May 20002038927.263.68$1,977
Apr 2000327924.513.12$943
Mar 20003131328.422.86$1,776
Feb 20004025427.622.73$1,797
Jan 200013626725.272.48$4,099
Dec 19994832024.282.42$1,941
Nov 19996036323.192.43$2,275
Oct 19995054720.982.80$2,583
Sep 199915268021.752.62$5,087
Aug 199913361019.262.88$4,316
Jul 1999681,23917.892.37$4,156
Jun 199911661515.942.36$3,302
May 199911492815.792.32$3,954
Apr 199911491215.102.21$3,735
Mar 199913375612.471.84$3,048
Feb 19991357769.981.82$2,758
Jan 199914771110.381.90$2,877
Dec 19981876309.201.77$2,838
Nov 19986878810.892.19$2,463
Oct 19984343912.421.97$1,399
Sep 19981820512.592.08$654
Aug 19988758311.301.91$2,095
Jul 19987957811.742.24$2,221
Jun 19987958511.242.24$2,197
May 199817054012.622.21$3,337
Apr 199811554513.042.51$2,865
Mar 199813855812.802.31$3,055
Feb 199815255313.952.30$3,392
Jan 199815356714.702.15$3,471
Dec 199716962116.322.41$4,255
Nov 199721679818.193.09$6,393
Oct 199710281119.253.15$4,518
Sep 199711418717.742.95$2,575
Aug 199713847317.862.55$3,673
Jul 199715073017.582.25$4,277
Jun 199715082317.242.26$4,444
May 199718891618.972.31$5,681
Apr 199712886117.882.08$4,082
Mar 199727382418.951.94$6,771
Feb 199718660720.492.21$5,150
Jan 199716750523.483.54$5,709
Dec 19967964623.32$1,842
Nov 199614891821.97$3,252
Oct 19962181,05523.31$5,082
Sep 19961881,08122.22$4,177
Aug 1996521,09120.26$1,054
Jul 199663019.55$1,232
Jun 199611457418.73$2,135
May 199616697619.43$3,225
Apr 199611065221.51$2,366
Mar 199618288419.38$3,527
Feb 199614498216.98$2,445
Jan 199612849017.07$2,185
Dec 199512778217.19$2,183
Nov 199516088816.00$2,560
Oct 19951481,13415.43$2,284
Sep 19951571,08716.18$2,540
Aug 19951781,19815.92$2,834
Jul 19952351,35515.24$3,581
Jun 19951481,26416.41$2,429
May 19951941,23417.56$3,407
Apr 19952271,18017.73$4,025
Mar 19951991,17116.44$3,272
Feb 199516695516.58$2,752
Jan 19952001,17015.92$3,184
Dec 19942021,16915.03$3,036
Nov 19942081,38415.90$3,307
Oct 19942081,12315.58$3,241
Sep 19942041,24015.29$3,119
Aug 19942501,49416.13$4,033
Jul 19942731,36117.56$4,794
Jun 19942541,48117.09$4,341
May 199412491115.88$1,969
Apr 199419495814.14$2,743
Mar 19941901,00412.46$2,367
Feb 199415799112.50$1,963
Jan 19941871,10812.66$2,367
Dec 19931931,11612.33$2,380
Nov 19932021,26314.49$2,927
Oct 19932201,38715.85$3,487
Sep 19932221,48515.03$3,337
Aug 19931721,05715.66$2,694
Jul 19931851,10815.46$2,860
Jun 19931901,27316.79$3,190
May 19932201,33517.68$3,890
Apr 19932151,19918.05$3,881
Mar 19932341,32418.14$4,245
Feb 19932221,28217.90$3,974
Jan 19932481,44216.93$4,199

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.

Aug 2001 — as filed, then multipliedworked
Condensate             7 bbl  × $ 24.87 =       $174
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $174

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/94022 is the state's own key, not one this site invented.