HOVEY, BLANCHE UNIT

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

Operated by TEMA OIL AND GAS COMPANY (P-5 841329) in the HASTINGS,S.E.(F-46 SEG,B UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11540District 03Field 39601340OilCasinghead gasSave Export

Value, all time

$2.1 M

Jan 1993 – Jan 2003

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

121

no gaps in the span

Streams

oil, casinghead gas

The HASTINGS,S.E.(F-46 SEG,B UPPER) 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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered

1972-12-31

as the register files it

Field class

Oil

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: “FLD RULES EFFECTIVE UPON TERMINATION OF NPX 12/31/74”

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
Oil	Disposition	95,879 bbl	$1,724,946
Casinghead gas	Production	328,741 Mcf	$351,220
Total			$2,076,166

213,504 Mcf of this lease's gas, across 43 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 29.4682, -95.2284. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.46819, -95.22845 · 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

100.0%

1 of 1 wells

Median depth

9,930 ft

1 wells filed one

Completion to plug

4.8 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 9,930 ft.

Completions filed

Aug 2002

1 of 1 wells

Plug dates filed

May 2007

1 of 1 wells

Last completion to plug: a median of 4.8 years across the 1 well that filed both dates, with the middle half between 4.8 years and 4.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16730331	1	9,930 ft	Aug 2002	May 2007	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 (121)

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

121 months


Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	3	0	25.96	3.16	$78
Jul 2002	2	680	24.58	3.06	$2,131
Jun 2002	3	710	23.73	3.34	$2,441
May 2002	40	669	24.66	3.58	$3,384
Apr 2002	0	44	23.65	3.51	$155
Mar 2002	32	706	22.00	3.10	$2,895
Feb 2002	59	970	18.22	2.38	$3,379
Jan 2002	19	1,409	17.17	2.38	$3,674
Dec 2001	21	1,096	16.93	2.36	$2,947
Nov 2001	91	909	18.07	2.41	$3,831
Oct 2001	24	843	19.78	2.53	$2,607
Sep 2001	70	672	24.26	2.25	$3,211
Aug 2001	94	1,492	24.87	3.05	$6,893
Jul 2001	44	2,111	23.93	3.20	$7,802
Jun 2001	79	1,856	24.56	3.82	$9,038
May 2001	33	1,958	25.52	4.31	$9,276
Apr 2001	170	1,737	24.68	5.34	$13,463
Mar 2001	140	1,966	24.54	5.38	$14,006
Feb 2001	19	102	27.75	5.77	$1,115
Jan 2001	153	977	27.47	8.40	$12,409
Dec 2000	62	801	26.88	9.12	$8,974
Nov 2000	127	1,865	32.21	5.66	$14,643
Oct 2000	167	1,272	31.23	5.15	$11,760
Sep 2000	78	1,138	31.87	5.19	$8,388
Aug 2000	74	1,994	29.64	4.54	$11,248
Jul 2000	82	299	28.53	4.09	$3,562
Jun 2000	145	2,259	29.30	4.40	$14,182
May 2000	109	2,735	27.26	3.68	$13,035
Apr 2000	320	1,058	24.51	3.12	$11,140
Mar 2000	1,131	9,579	28.42	2.86	$59,537
Feb 2000	106	223	27.62	2.73	$3,536
Jan 2000	107	4	25.27	2.48	$2,714
Dec 1999	368	0	24.28	2.42	$8,935
Nov 1999	247	592	23.19	2.43	$7,169
Oct 1999	314	491	20.98	2.80	$7,964
Sep 1999	161	812	21.75	2.62	$5,628
Aug 1999	288	216	19.26	2.88	$6,168
Jul 1999	237	0	17.89	2.37	$4,240
Jun 1999	0	0	15.94	2.36	$0
May 1999	6	0	15.79	2.32	$95
Apr 1999	2	30	15.10	2.21	$96
Mar 1999	3	6	12.47	1.84	$48
Feb 1999	4	0	9.98	1.82	$40
Jan 1999	3	1	10.38	1.90	$33
Dec 1998	0	11	9.20	1.77	$20
Nov 1998	1	31	10.89	2.19	$79
Oct 1998	4	13	12.42	1.97	$75
Sep 1998	2	121	12.59	2.08	$277
Aug 1998	2	70	11.30	1.91	$156
Jul 1998	2	0	11.74	2.24	$23
Jun 1998	16	116	11.24	2.24	$439
May 1998	27	95	12.62	2.21	$550
Apr 1998	59	50	13.04	2.51	$895
Mar 1998	120	617	12.80	2.31	$2,961
Feb 1998	97	1,370	13.95	2.30	$4,503
Jan 1998	34	733	14.70	2.15	$2,079
Dec 1997	267	1,097	16.32	2.41	$7,002
Nov 1997	319	4,909	18.19	3.09	$20,963
Oct 1997	574	5,123	19.25	3.15	$27,186
Sep 1997	736	5,114	17.74	2.95	$28,168
Aug 1997	1,075	5,001	17.86	2.55	$31,976
Jul 1997	1,108	4,926	17.58	2.25	$30,547
Jun 1997	1,294	4,878	17.24	2.26	$33,319
May 1997	894	5,777	18.97	2.31	$30,295
Apr 1997	865	5,345	17.88	2.08	$26,599
Mar 1997	1,242	7,857	18.95	1.94	$38,772
Feb 1997	1,174	8,612	20.49	2.21	$43,052
Jan 1997	1,094	7,089	23.48	3.54	$50,780
Dec 1996	1,987	8,310	23.32	—	$46,337
Nov 1996	1,987	9,320	21.97	—	$43,654
Oct 1996	1,793	7,337	23.31	—	$41,795
Sep 1996	2,376	7,151	22.22	—	$52,795
Aug 1996	2,410	11,202	20.26	—	$48,827
Jul 1996	2,099	9,499	19.55	—	$41,035
Jun 1996	3,242	11,053	18.73	—	$60,723
May 1996	3,089	11,777	19.43	—	$60,019
Apr 1996	3,059	12,815	21.51	—	$65,799
Mar 1996	2,165	10,168	19.38	—	$41,958
Feb 1996	3,085	11,230	16.98	—	$52,383
Jan 1996	3,015	9,991	17.07	—	$51,466
Dec 1995	3,175	10,251	17.19	—	$54,578
Nov 1995	2,523	8,075	16.00	—	$40,368
Oct 1995	3,130	7,297	15.43	—	$48,296
Sep 1995	3,069	4,738	16.18	—	$49,656
Aug 1995	3,366	4,628	15.92	—	$53,587
Jul 1995	1,289	7,693	15.24	—	$19,644
Jun 1995	686	6,541	16.41	—	$11,257
May 1995	566	6,837	17.56	—	$9,939
Apr 1995	0	0	17.73	—	$0
Mar 1995	72	0	16.44	—	$1,184
Feb 1995	0	0	16.58	—	$0
Jan 1995	26	1	15.92	—	$414
Dec 1994	0	0	15.03	—	$0
Nov 1994	1,989	6,071	15.90	—	$31,625
Oct 1994	303	1,169	15.58	—	$4,721
Sep 1994	0	0	15.29	—	$0
Aug 1994	454	638	16.13	—	$7,323
Jul 1994	3,417	2,028	17.56	—	$60,003
Jun 1994	3,653	1,712	17.09	—	$62,430
May 1994	3,616	1,605	15.88	—	$57,422
Apr 1994	3,476	2,655	14.14	—	$49,151
Mar 1994	3,826	2,786	12.46	—	$47,672
Feb 1994	966	1,286	12.50	—	$12,075
Jan 1994	1	1	12.66	—	$13
Dec 1993	312	2,338	12.33	—	$3,847
Nov 1993	822	1,195	14.49	—	$11,911
Oct 1993	954	1,434	15.85	—	$15,121
Sep 1993	841	1,492	15.03	—	$12,640
Aug 1993	841	1,336	15.66	—	$13,170
Jul 1993	924	1,462	15.46	—	$14,285
Jun 1993	902	1,247	16.79	—	$15,145
May 1993	951	1,700	17.68	—	$16,814
Apr 1993	786	1,411	18.05	—	$14,187
Mar 1993	847	1,397	18.14	—	$15,365
Feb 1993	798	1,452	17.90	—	$14,284
Jan 1993	748	1,175	16.93	—	$12,664

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 2002 — as filed, then multipliedworked

Oil                    3 bbl  × $ 25.96 =        $78
Casinghead gas         0 Mcf  × $  3.16 =         $0

────────────────────────────────────────────────────
Month total                                      $78

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/O/11540 is the state's own key, not one this site invented.