HANOVER, JOE

Operated by COX & PERKINS EXPLORATION, INC. (P-5 183345) in the CALDWELL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12974District 03Field 14710500NGPA filingOilCasinghead gasSaveExport
Value, all time
$888 k
Jan 1993 – Apr 2011
Value, last 12 filed months
$27 k
at the published price for each month
Months reported
220
no gaps in the span
Streams
2
oil, casinghead 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 256 leases and 330 wells, and the rule below applies to all of them.

Discovered
1978-06-29
as the register files it
Field class
Oil and gas
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 80 acres. The field rule took effect on 1991-11-25.

The Commission's schedule remark for this field reads: PER DOCKET 3-97101 EFF 11-25-91, PERM RULES. 80 ACRE OPT/3250 DIAG

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
OilDisposition15,187 bbl$420,631
Casinghead gasProduction224,786 Mcf$467,285
Total$887,916

121,146 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 30.5062, -96.5560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.50615, -96.55601 · 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
8,492 ft
1 wells filed one
Completion to plug
30.8 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 8,492 ft.

Completions filed
Apr 1980
1 of 1 wells
Plug dates filed
Jan 2011
1 of 1 wells

Last completion to plug: a median of 30.8 years across the 1 well that filed both dates, with the middle half between 30.8 years and 30.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0513067218,492 ftApr 1980Jan 2011Yes

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 (220)

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

220 months

Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20108616285.734.35$8,077
Nov 201017715480.843.80$14,893
Oct 2010018878.103.51$660
Sep 2010014772.633.98$585
Aug 2010014273.684.42$628
Jul 2010018072.554.74$853
Jun 2010017770.364.91$869
May 2010017571.124.24$741
Apr 201017818481.694.12$15,299
Mar 2010021578.394.39$944
Feb 2010013873.585.44$751
Jan 2010014874.365.96$883
Dec 200918116371.445.48$13,824
Nov 2009018274.593.75$683
Oct 2009012472.544.11$510
Sep 200908765.543.06$267
Aug 2009012467.423.22$399
Jul 2009012561.133.46$433
Jun 2009014966.163.90$580
May 2009012754.743.93$499
Apr 2009013446.773.59$481
Mar 20091875242.144.06$8,091
Feb 200907532.814.63$347
Jan 2009017935.865.37$961
Dec 2008020237.105.98$1,207
Nov 2008019655.496.86$1,345
Oct 2008026775.246.92$1,848
Sep 20080212101.767.88$1,670
Aug 2008192170114.228.48$23,372
Jul 20080219131.0811.39$2,494
Jun 20080228131.3313.03$2,971
May 20080319123.1711.57$3,692
Apr 20080426110.3110.45$4,454
Mar 20080506101.909.66$4,890
Feb 200818024392.538.77$18,787
Jan 2008014890.388.21$1,214
Dec 2007019788.337.30$1,438
Nov 2007021591.677.29$1,568
Oct 2007027482.856.92$1,897
Sep 2007030475.846.24$1,898
Aug 200718442269.066.39$15,403
Jul 2007056770.906.39$3,622
Jun 2007062062.007.55$4,680
May 2007056658.747.85$4,441
Apr 200718842859.617.81$14,547
Mar 2007057656.927.30$4,206
Feb 2007053555.108.22$4,396
Jan 2007051750.306.73$3,478
Dec 200618844556.656.92$13,729
Nov 2006037554.207.62$2,857
Oct 2006046954.906.01$2,820
Sep 2006028360.085.04$1,426
Aug 2006037268.717.34$2,730
Jul 2006011569.376.34$729
Jun 2006029366.286.38$1,870
May 2006034966.016.42$2,242
Apr 200617535464.397.36$13,874
Mar 2006048156.707.08$3,407
Feb 2006053257.597.75$4,124
Jan 2006080460.598.93$7,182
Dec 200518145954.9413.42$16,102
Nov 2005075654.6910.59$8,005
Oct 2005080458.3413.80$11,092
Sep 2005078061.4512.08$9,422
Aug 2005056361.519.80$5,516
Jul 200518768355.697.84$15,771
Jun 2005069752.337.38$5,145
May 2005061045.226.65$4,057
Apr 2005078149.207.36$5,749
Mar 200518866450.377.15$14,220
Feb 2005066145.226.31$4,172
Jan 2005074843.166.32$4,729
Dec 2004068639.866.75$4,631
Nov 2004057545.286.33$3,640
Oct 200418357349.706.52$12,828
Sep 2004058843.245.28$3,107
Aug 2004053442.375.55$2,964
Jul 2004150638.286.08$3,117
Jun 2004045236.106.43$2,908
May 200418952737.486.49$10,506
Apr 2004055134.475.86$3,228
Mar 2004055934.365.53$3,091
Feb 2004057032.455.51$3,140
Jan 200418255732.036.30$9,338
Dec 2003043630.266.30$2,748
Nov 2003042828.804.60$1,967
Oct 2003038728.174.76$1,842
Sep 200316247726.314.75$6,528
Aug 2003053929.765.13$2,765
Jul 2003069229.415.17$3,578
Jun 2003060628.565.98$3,626
May 2003053426.595.97$3,189
Apr 200318755426.675.41$7,983
Mar 2003054631.146.10$3,328
Feb 2003046233.487.93$3,662
Jan 2003035230.315.58$1,965
Dec 200217854626.914.85$7,440
Nov 2002049224.664.14$2,035
Oct 2002060926.464.23$2,576
Sep 2002063627.443.64$2,312
Aug 200218780725.963.16$7,408
Jul 2002178324.583.06$2,422
Jun 2002042323.733.34$1,412
May 200218747724.663.58$6,321
Apr 2002056623.653.51$1,988
Mar 2002054722.003.10$1,697
Feb 2002051818.222.38$1,231
Jan 200217749917.172.38$4,225
Dec 2001044516.932.36$1,052
Nov 2001054118.072.41$1,301
Oct 200118649919.782.53$4,941
Sep 2001053824.262.25$1,211
Aug 2001050424.873.05$1,539
Jul 200117591123.933.20$7,100
Jun 20011841,06524.563.82$8,592
May 20011861,01025.524.31$9,097
Apr 20011831,00524.685.34$9,878
Mar 200101,72024.545.38$9,247
Feb 200101,02927.755.77$5,934
Jan 200118680527.478.40$11,870
Dec 2000066326.889.12$6,048
Nov 2000067332.215.66$3,808
Oct 200018470731.235.15$9,384
Sep 2000072231.875.19$3,745
Aug 2000072429.644.54$3,288
Jul 200018965128.534.09$8,055
Jun 2000059629.304.40$2,621
May 2000072527.263.68$2,668
Apr 2000064924.513.12$2,022
Mar 200018168828.422.86$7,112
Feb 2000071327.622.73$1,944
Jan 200018785225.272.48$6,839
Dec 1999096024.282.42$2,327
Nov 1999086723.192.43$2,110
Oct 199917981720.982.80$6,046
Sep 1999083121.752.62$2,176
Aug 1999086319.262.88$2,482
Jul 199917892317.892.37$5,374
Jun 1999081915.942.36$1,935
May 1999089415.792.32$2,075
Apr 199918297615.102.21$4,903
Mar 1999094212.471.84$1,732
Feb 199908709.981.82$1,581
Jan 199917896710.381.90$3,685
Dec 199801,0099.201.77$1,789
Nov 199818299310.892.19$4,152
Oct 199801,19112.421.97$2,345
Sep 199801,29712.592.08$2,701
Aug 19981781,13611.301.91$4,178
Jul 199801,15711.742.24$2,589
Jun 199801,05811.242.24$2,367
May 19981821,07212.622.21$4,662
Apr 199801,05113.042.51$2,633
Mar 19981891,16112.802.31$5,100
Feb 199801,21113.952.30$2,784
Jan 199801,24314.702.15$2,678
Dec 19971881,17716.322.41$5,906
Nov 19971781,26018.193.09$7,129
Oct 199701,47819.253.15$4,655
Sep 19971811,37617.742.95$7,277
Aug 199701,10117.862.55$2,813
Jul 199701,35917.582.25$3,054
Jun 19971801,47517.242.26$6,433
May 199701,53818.972.31$3,550
Apr 199701,33617.882.08$2,783
Mar 19971781,40618.951.94$6,100
Feb 199701,29720.492.21$2,861
Jan 19971801,53423.483.54$9,656
Dec 19961811,66923.32$4,221
Nov 199602,05721.97$0
Oct 199602,61023.31$0
Sep 19961941,78622.22$4,311
Aug 199601,47320.26$0
Jul 199601,45619.55$0
Jun 19961941,39618.73$3,634
May 199601,42119.43$0
Apr 19961931,57621.51$4,151
Mar 199601,66119.38$0
Feb 19961931,62116.98$3,277
Jan 199601,81317.07$0
Dec 19951921,69417.19$3,300
Nov 199501,71416.00$0
Oct 19951882,02715.43$2,901
Sep 199502,02416.18$0
Aug 19951912,12115.92$3,041
Jul 19951962,07815.24$2,987
Jun 199501,56916.41$0
May 199501,92917.56$0
Apr 19951912,19917.73$3,386
Mar 19951932,32916.44$3,173
Feb 199502,19316.58$0
Jan 199502,44415.92$0
Dec 19942032,45615.03$3,051
Nov 199412,70115.90$16
Oct 19941953,45815.58$3,038
Sep 19941862,78315.29$2,844
Aug 199412,68316.13$16
Jul 19941942,66917.56$3,407
Jun 19941742,97217.09$2,974
May 19941933,80315.88$3,065
Apr 199482,01314.14$113
Mar 19941962,12312.46$2,442
Feb 199481,87612.50$100
Jan 19941921,91412.66$2,431
Dec 199352,54612.33$62
Nov 19931932,58914.49$2,797
Oct 19931992,62415.85$3,154
Sep 19932022,96415.03$3,036
Aug 19933683,27815.66$5,763
Jul 19933943,67615.46$6,091
Jun 199383,93816.79$134
May 19933754,09317.68$6,630
Apr 19931894,53218.05$3,411
Mar 19933814,87518.14$6,911
Feb 19931824,25317.90$3,258
Jan 19935545,46716.93$9,379

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.

Dec 2010 — as filed, then multipliedworked
Oil                   86 bbl  × $ 85.73 =     $7,373
Casinghead gas       162 Mcf  × $  4.35 =       $704

────────────────────────────────────────────────────
Month total                                   $8,077

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/12974 is the state's own key, not one this site invented.