HENSARLING, H.L.

Operated by GSI OIL & GAS, INC. (P-5 337075) in the FT TRINIDAD-BARRETT,E.(DEXTER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14316District 03Field 32210500NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.8 M
Jan 1993 – Apr 2018
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
304
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 17 leases and 27 wells, and the rule below applies to all of them.

Discovered
1974-02-18
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 80 acres.

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
NGPA4none

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
OilDisposition309,203 bbl$8,630,977
Casinghead gasProduction23,157 Mcf$132,475
Total$8,763,452

21 Mcf of this lease's gas, across 21 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 (5)

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 30.9869, -95.8780. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

30.98626, -95.87841 · 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%
5 of 5 wells
With a plug date
80.0%
4 of 5 wells
Median depth
9,526 ft
5 wells filed one
Completion to plug
17.8 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
5100.0%
A plug date is filed
480.0%
BothOn the schedule and plugged. Neither fact cancels the other.
480.0%
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

Between 9,395 and 9,780 ft, median 9,526 ft, over the 5 wells that filed a depth.

Completions filed
May 1981 – Dec 2015
5 of 5 wells
Plug dates filed
Jul 1988 – Dec 2017
4 of 5 wells; 1 filed none

Last completion to plug: a median of 17.8 years across the 4 wells that filed both dates, with the middle half between 6.5 years and 29.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-3133051139,395 ftDec 2015Yes
42-3133067059,780 ftAug 1989Dec 2017Yes
42-3133052149,407 ftJun 1984Dec 2017Yes
42-3133033829,600 ftMar 1984Jul 1988Yes
42-3133030519,526 ftMay 1981Jul 1988Yes

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 (304)

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

304 months

Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017153047.523.09$7,271
Aug 201703845.373.00$114
Jul 201703843.873.09$117
Jun 201702042.493.09$62
May 20170045.373.26$0
Apr 2017180047.933.21$8,627
Mar 20171773146.772.98$8,371
Feb 20171773050.452.95$9,018
Jan 20171773149.413.42$8,852
Dec 20161663148.763.72$8,210
Nov 20161653042.492.64$7,090
Oct 20163543146.193.09$16,447
Sep 201602441.553.10$74
Aug 20160041.442.92$0
Jul 201602341.622.92$67
Jun 20161861745.352.69$8,481
May 20161903142.521.99$8,141
Apr 20161893036.561.99$6,970
Mar 201602333.011.79$41
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 201501632.362.00$32
Nov 20150038.792.17$0
Oct 20151932543.552.43$8,466
Sep 20152003042.992.76$8,681
Aug 201501840.162.87$52
Jul 20155548.152.95$255
Jun 20151652956.152.88$9,348
May 20151872955.212.96$10,410
Apr 20151903049.822.71$9,547
Mar 20151862242.892.93$8,042
Feb 20151795644.662.98$8,161
Jan 20151012443.433.10$819
Dec 2014174054.693.59$9,516
Nov 201408870.464.25$374
Oct 201418712078.303.90$15,110
Sep 201407686.164.05$307
Aug 201418710089.394.04$17,119
Jul 201417712496.564.18$17,609
Jun 201401298.164.74$57
May 201419612494.734.73$19,153
Apr 20141919295.944.81$18,767
Mar 2014012495.895.06$627
Feb 201408897.406.19$545
Jan 201415210090.404.86$14,227
Dec 201373410091.824.35$67,831
Nov 201319016088.853.74$17,480
Oct 201386024897.423.78$84,718
Sep 2013174156104.113.72$18,695
Aug 2013344184104.253.52$36,510
Jul 2013487204102.523.72$50,686
Jun 201337319294.403.93$35,966
May 20131759294.834.15$16,977
Apr 201338093.964.28$624
Mar 201304893.623.91$188
Feb 20131746891.233.42$16,107
Jan 201337414091.603.42$34,737
Dec 201234113686.773.42$30,054
Nov 201233716086.953.62$29,882
Oct 201251716889.383.40$46,781
Sep 201237212094.672.92$35,567
Aug 201260916892.662.91$56,919
Jul 201235917285.133.02$31,081
Jun 201234079.822.52$340
May 201261118491.612.49$56,432
Apr 2012526204101.652.00$53,875
Mar 2012593176105.052.22$62,686
Feb 2012751208101.102.57$76,461
Jan 201257818898.092.73$57,210
Dec 201143119296.873.24$42,373
Nov 2011112495.723.31$506
Oct 201178484.983.65$901
Sep 20112008483.623.99$17,059
Aug 201116483.404.15$349
Jul 201102494.144.52$108
Jun 201102092.904.64$93
May 20113836498.134.40$37,866
Apr 2011411160105.964.33$44,243
Mar 201179817696.364.06$77,609
Feb 201136915685.644.18$32,253
Jan 201158518886.504.59$51,465
Dec 201099721685.734.35$86,412
Nov 201092919680.843.80$75,844
Oct 20101,08717678.103.51$85,512
Sep 201037672.633.98$520
Aug 20101889673.684.42$14,276
Jul 20101948472.554.74$14,473
Jun 20100070.364.91$0
May 20101659271.124.24$12,124
Apr 201036312081.694.12$30,148
Mar 201017012478.394.39$13,871
Feb 201017711273.585.44$13,633
Jan 201041712874.365.96$31,772
Dec 200920117671.445.48$15,325
Nov 200937213274.593.75$28,243
Oct 200919412472.544.11$14,582
Sep 200937512465.543.06$24,958
Aug 200936224867.423.22$25,204
Jul 200937523261.133.46$23,728
Jun 200918914466.163.90$13,065
May 200939912454.743.93$22,328
Apr 200920212046.773.59$9,878
Mar 200941814442.144.06$18,199
Feb 20091112032.814.63$917
Jan 200939512435.865.37$14,831
Dec 200818511237.105.98$7,533
Nov 200818711255.496.86$11,145
Oct 200839319675.246.92$30,926
Sep 2008197120101.767.88$20,992
Aug 2008396184114.228.48$46,792
Jul 2008266132131.0811.39$36,371
Jun 2008545200131.3313.03$74,181
May 2008414216123.1711.57$53,492
Apr 2008792204110.3110.45$89,498
Mar 200865896101.909.66$67,978
Feb 200864820892.538.77$61,784
Jan 200839613290.388.21$36,874
Dec 200778820088.337.30$71,064
Nov 200740018491.677.29$38,010
Oct 200737020082.856.92$32,039
Sep 200762810475.846.24$48,277
Aug 200760924469.066.39$43,616
Jul 200719714470.906.39$14,887
Jun 200744512062.007.55$28,496
May 200742320858.747.85$26,479
Apr 200739210059.617.81$24,148
Mar 200744012056.927.30$25,921
Feb 20074149655.108.22$23,600
Jan 200761112450.306.73$31,567
Dec 200642013656.656.92$24,734
Nov 200698923254.207.62$55,371
Oct 200642111254.906.01$23,786
Sep 200683712860.085.04$50,932
Aug 20061,02523268.717.34$72,131
Jul 200647418469.376.34$34,048
Jun 200676321666.286.38$51,951
May 20066326466.016.42$42,130
Apr 20061,08820064.397.36$71,528
Mar 20061,39624856.707.08$80,910
Feb 200681821657.597.75$48,783
Jan 200619414060.598.93$13,005
Dec 200537515254.9413.42$22,642
Nov 20051,19122054.6910.59$67,465
Oct 200555918858.3413.80$35,206
Sep 200576023261.4512.08$49,504
Aug 200590620061.519.80$57,687
Jul 200562120855.697.84$36,215
Jun 200575616052.337.38$40,742
May 200597214845.226.65$44,938
Apr 200587117249.207.36$44,119
Mar 200597522450.377.15$50,713
Feb 20051,14521245.226.31$53,115
Jan 20051,12620843.166.32$49,913
Dec 200477921239.866.75$32,482
Nov 200475816845.286.33$35,386
Oct 200476921649.706.52$39,627
Sep 200473916443.245.28$32,821
Aug 200437018442.375.55$16,698
Jul 200477423238.286.08$31,040
Jun 200455918036.106.43$21,338
May 200498222437.486.49$38,260
Apr 200479218434.475.86$28,378
Mar 200477723634.365.53$28,003
Feb 200474621232.455.51$25,376
Jan 200495924032.036.30$32,229
Dec 200359323230.266.30$19,406
Nov 20037937628.804.60$23,188
Oct 200339323328.174.76$12,180
Sep 200337822426.314.75$11,009
Aug 200358319629.765.13$18,356
Jul 200336913229.415.17$11,535
Jun 200336913228.565.98$11,328
May 200376413226.595.97$21,103
Apr 20033594026.675.41$9,791
Mar 20033658831.146.10$11,903
Feb 200389816833.487.93$31,397
Jan 200355017430.315.58$17,642
Dec 200270416826.914.85$19,760
Nov 200253418024.664.14$13,913
Oct 200253317726.464.23$14,852
Sep 20021819027.443.64$5,294
Aug 20022073025.963.16$5,469
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 2001347019.782.53$6,864
Sep 2001358024.262.25$8,685
Aug 2001887024.873.05$22,060
Jul 2001541023.933.20$12,946
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001727024.545.38$17,841
Feb 2001542027.755.77$15,041
Jan 20010027.478.40$0
Dec 20001,254026.889.12$33,708
Nov 2000180032.215.66$5,798
Oct 2000729031.235.15$22,767
Sep 2000899031.875.19$28,651
Aug 2000725029.644.54$21,489
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000547027.263.68$14,911
Apr 2000910024.513.12$22,304
Mar 2000186028.422.86$5,286
Feb 2000739027.622.73$20,411
Jan 2000337025.272.48$8,516
Dec 19990024.282.42$0
Nov 1999344023.192.43$7,977
Oct 1999361020.982.80$7,574
Sep 1999898021.752.62$19,532
Aug 19990019.262.88$0
Jul 1999358017.892.37$6,405
Jun 19991,578015.942.36$25,153
May 1999172015.792.32$2,716
Apr 1999172015.102.21$2,597
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 1999524010.381.90$5,439
Dec 19981,44709.201.77$13,312
Nov 19982,519010.892.19$27,432
Oct 19981,835012.421.97$22,791
Sep 19983,091012.592.08$38,916
Aug 19981,221011.301.91$13,797
Jul 1998545011.742.24$6,398
Jun 19981,976011.242.24$22,210
May 19981,276012.622.21$16,103
Apr 19981,842013.042.51$24,020
Mar 19981,824012.802.31$23,347
Feb 19981,793013.952.30$25,012
Jan 19981,457014.702.15$21,418
Dec 19971,832016.322.41$29,898
Nov 19971,822018.193.09$33,142
Oct 19971,439019.253.15$27,701
Sep 19971,398017.742.95$24,801
Aug 19971,100017.862.55$19,646
Jul 19971,622017.582.25$28,515
Jun 19971,448017.242.26$24,964
May 19971,587018.972.31$30,105
Apr 19971,807017.882.08$32,309
Mar 19971,992018.951.94$37,748
Feb 19972,579020.492.21$52,844
Jan 19971,494023.483.54$35,079
Dec 19962,549023.32$59,443
Nov 19961,829021.97$40,183
Oct 19962,757023.31$64,266
Sep 19962,691022.22$59,794
Aug 19962,154020.26$43,640
Jul 19963,413019.55$66,724
Jun 19962,846018.73$53,306
May 19962,695019.43$52,364
Apr 19962,569021.51$55,259
Mar 19963,478019.38$67,404
Feb 19963,522016.98$59,804
Jan 19963,839017.07$65,532
Dec 19954,123017.19$70,874
Nov 19954,136016.00$66,176
Oct 19953,785015.43$58,403
Sep 19953,912016.18$63,296
Aug 19954,102015.92$65,304
Jul 19953,596015.24$54,803
Jun 19954,302016.41$70,596
May 19955,068017.56$88,994
Apr 19955,260017.73$93,260
Mar 19954,222016.44$69,410
Feb 19954,237016.58$70,249
Jan 19954,148015.92$66,036
Dec 19944,913015.03$73,842
Nov 19945,424015.90$86,242
Oct 19943,583015.58$55,823
Sep 19943,917115.29$59,891
Aug 19945,183116.13$83,602
Jul 19945,336117.56$93,700
Jun 19944,833117.09$82,596
May 19946,339115.88$100,663
Apr 19945,705114.14$80,669
Mar 19946,757112.46$84,192
Feb 19942,632112.50$32,900
Jan 19942,972112.66$37,626
Dec 19933,656112.33$45,078
Nov 19933,121114.49$45,223
Oct 19933,660115.85$58,011
Sep 19932,713115.03$40,776
Aug 19932,526115.66$39,557
Jul 19931,616115.46$24,983
Jun 19932,898116.79$48,657
May 19933,220117.68$56,930
Apr 19933,587118.05$64,745
Mar 19933,460118.14$62,764
Feb 19933,411117.90$61,057
Jan 19934,015116.93$67,974

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.

Sep 2017 — as filed, then multipliedworked
Oil                  153 bbl  × $ 47.52 =     $7,271
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $7,271

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/14316 is the state's own key, not one this site invented.