ARCO-HUGHES "1"

Operated by HANSON PRODUCTION COMPANY (P-5 355500) in the CASTILLO (YEGUA 6-B) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16032District 03Field 16269905OilCasinghead gasSaveExport
Value, all time
$1.0 M
Jan 1993 – Jul 1998
Value, last 12 filed months
$54 k
at the published price for each month
Months reported
67
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1982-09-22
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.

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
OilDisposition59,097 bbl$1,027,233
Casinghead gasProduction614 Mcf$0
Total$1,027,233

614 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 (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 30.4924, -93.9610. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49236, -93.96101 · 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
7,976 ft
1 wells filed one
Completion to plug
6.9 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 7,976 ft.

Completions filed
May 2002
1 of 1 wells
Plug dates filed
Apr 2009
1 of 1 wells

Last completion to plug: a median of 6.9 years across the 1 well that filed both dates, with the middle half between 6.9 years and 6.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2413037517,976 ftMay 2002Apr 2009Yes

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 (67)

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

67 months

Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 199842013.042.51$548
Mar 199859012.802.31$755
Feb 199872013.952.30$1,004
Jan 1998413014.702.15$6,071
Dec 19970016.322.41$0
Nov 1997280018.193.09$5,093
Oct 1997640019.253.15$12,320
Sep 1997674017.742.95$11,957
Aug 1997929017.862.55$16,592
Jul 1997730017.582.25$12,833
Jun 1997875017.242.26$15,085
May 1997888018.972.31$16,845
Apr 1997783017.882.08$14,000
Mar 19971,021018.951.94$19,348
Feb 1997859020.492.21$17,601
Jan 19971,128023.483.54$26,485
Dec 19961,104023.32$25,745
Nov 19961,020021.97$22,409
Oct 19961,555023.31$36,247
Sep 19961,072022.22$23,820
Aug 19961,077020.26$21,820
Jul 19961,384019.55$27,057
Jun 19961,029018.73$19,273
May 1996990019.43$19,236
Apr 1996744021.51$16,003
Mar 1996631019.38$12,229
Feb 1996488016.98$8,286
Jan 1996722017.07$12,325
Dec 1995496017.19$8,526
Nov 1995546016.00$8,736
Oct 1995539015.43$8,317
Sep 1995730016.18$11,811
Aug 1995518015.92$8,247
Jul 1995930015.24$14,173
Jun 1995714016.41$11,717
May 1995833017.56$14,627
Apr 1995857017.73$15,195
Mar 1995816016.44$13,415
Feb 1995943016.58$15,635
Jan 1995799015.92$12,720
Dec 1994994015.03$14,940
Nov 1994619015.90$9,842
Oct 19941,053015.58$16,406
Sep 1994890115.29$13,608
Aug 19941,009116.13$16,275
Jul 1994938117.56$16,471
Jun 19941,123117.09$19,192
May 19941,064115.88$16,896
Apr 19941,144114.14$16,176
Mar 1994846112.46$10,541
Feb 1994875112.50$10,938
Jan 1994933112.66$11,812
Dec 19939115012.33$11,233
Nov 19939785014.49$14,171
Oct 19931,4255015.85$22,586
Sep 19931,3505015.03$20,291
Aug 19931,7325015.66$27,123
Jul 19931,7515115.46$27,070
Jun 19931,5335016.79$25,739
May 19931,6375017.68$28,942
Apr 19931,4225118.05$25,667
Mar 19931,7505118.14$31,745
Feb 19931,4985117.90$26,814
Jan 19931,6925116.93$28,646

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.

Apr 1998 — as filed, then multipliedworked
Oil                   42 bbl  × $ 13.04 =       $548
Casinghead gas         0 Mcf  × $  2.51 =         $0

────────────────────────────────────────────────────
Month total                                     $548

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/16032 is the state's own key, not one this site invented.