HOTT UNIT

Operated by ERNEST OPERATING COMPANY (P-5 253480) in the WILLARD (NAVARRO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16042District 03Field 97502500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$74 k
at the published price for each month
Months reported
401
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 71 leases and 138 wells, and the rule below applies to all of them.

Discovered
1977-07-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
NGPA2none

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
OilDisposition23,263 bbl$812,272
Casinghead gasProduction207,468 Mcf$665,002
Total$1,477,275

32,046 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 (2)

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 30.5135, -96.8602. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

30.51350, -96.86017 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,756 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
2100.0%

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 3,742 and 3,770 ft, median 3,756 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1982
2 of 2 wells

2 wells

42-0513233723,770 ftOct 1982
42-0513232613,742 ftOct 1982

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 (401)

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

401 months

May 202601,326106.413.05$4,039
Apr 202601,33098.932.87$3,817
Mar 202601,03289.753.15$3,250
Feb 2026040563.503.75$1,519
Jan 202618596959.138.00$18,689
Dec 2025111,72856.664.41$8,250
Nov 202501,19358.593.93$4,684
Oct 20251046159.383.30$2,117
Sep 202501,05062.743.08$3,231
Aug 2025069863.933.01$2,104
Jul 202501,50666.743.32$4,993
Jun 20251781,74366.483.13$17,287
May 202501,02360.553.23$3,307
Apr 202501,83662.363.54$6,505
Mar 202503,20667.704.27$13,684
Feb 20250070.884.34$0
Jan 2025037874.324.28$1,617
Dec 2024037868.993.12$1,180
Nov 2024077169.052.20$1,695
Oct 2024047571.372.28$1,084
Sep 2024065869.612.36$1,556
Aug 2024064375.632.06$1,327
Jul 2024025579.932.15$547
Jun 202403678.082.63$95
May 2024049378.812.20$1,084
Apr 2024020684.451.66$342
Mar 2024079980.301.55$1,235
Feb 202401,08676.091.78$1,937
Jan 202417382073.023.30$15,337
Dec 2023066271.262.61$1,728
Nov 202301,71377.892.81$4,809
Oct 2023067285.443.09$2,075
Sep 2023079589.042.74$2,174
Aug 202301,37580.522.67$3,675
Jul 202317785174.852.64$15,497
Jun 2023074368.962.26$1,678
May 2023092570.622.23$2,060
Apr 2023099978.122.24$2,236
Mar 2023079972.852.39$1,912
Feb 2023078775.112.47$1,940
Jan 202301,03476.533.39$3,503
Dec 2022039276.415.73$2,246
Nov 2022048785.005.65$2,750
Oct 202218339987.185.86$18,294
Sep 202211,21384.888.16$9,987
Aug 2022055194.529.13$5,029
Jul 20220688101.587.54$5,189
Jun 20220555115.097.98$4,427
May 20220808109.378.43$6,814
Apr 20220601104.226.84$4,109
Mar 20220757108.885.08$3,843
Feb 2022067491.054.86$3,275
Jan 2022044581.844.54$2,019
Dec 202101,55071.323.90$6,044
Nov 2021074577.435.24$3,901
Oct 2021057679.795.71$3,291
Sep 202117591869.865.35$17,138
Aug 2021094466.024.22$3,984
Jul 2021076970.783.98$3,062
Jun 202111,28269.493.38$4,403
May 2021050363.483.02$1,518
Apr 2021089360.362.76$2,463
Mar 202117862861.302.72$12,618
Feb 2021036257.805.55$2,008
Jan 2021078050.412.81$2,192
Dec 202018369144.642.68$10,018
Nov 2020078938.772.71$2,135
Oct 2020054936.972.48$1,361
Sep 2020099537.091.99$1,981
Aug 2020088139.982.39$2,101
Jul 2020095838.371.83$1,748
Jun 2020073634.901.69$1,244
May 202001,28516.921.81$2,332
Apr 2020068214.751.80$1,231
Mar 2020062430.341.86$1,158
Feb 202001,31649.881.98$2,607
Jan 2020064057.252.09$1,341
Dec 2019050059.012.30$1,152
Nov 2019061655.302.75$1,694
Oct 2019094253.472.42$2,278
Sep 2019051255.052.66$1,361
Aug 201901,01753.112.30$2,344
Jul 20191751,03456.272.46$12,391
Jun 2019058452.782.49$1,455
May 2019064258.482.74$1,759
Apr 2019065062.632.75$1,788
Mar 201918059056.803.06$12,031
Feb 2019068750.852.79$1,918
Jan 2019061046.033.23$1,969
Dec 2018049646.594.19$2,076
Nov 2018059552.934.24$2,521
Oct 2018028061.443.40$951
Sep 2018089659.543.11$2,785
Aug 2018058559.403.07$1,794
Jul 2018070265.142.93$2,058
Jun 2018077760.183.08$2,391
May 2018073365.382.90$2,126
Apr 2018046763.842.90$1,355
Mar 201818057861.222.79$12,630
Feb 2018048761.782.77$1,347
Jan 2018060962.874.01$2,442
Dec 2017071957.272.92$2,101
Nov 2017079655.423.12$2,482
Oct 2017062049.292.98$1,850
Sep 2017130347.523.09$983
Aug 2017069145.373.00$2,076
Jul 201717241743.873.09$8,833
Jun 201701,15842.493.09$3,575
May 201701,27345.373.26$4,154
Apr 201701,06547.933.21$3,420
Mar 2017045046.772.98$1,343
Feb 2017053650.452.95$1,583
Jan 201718262049.413.42$11,112
Dec 2016046448.763.72$1,727
Nov 2016083042.492.64$2,195
Oct 2016054746.193.09$1,690
Sep 2016170041.553.10$2,212
Aug 2016067341.442.92$1,968
Jul 2016044041.622.92$1,287
Jun 201617848745.352.69$9,380
May 2016031642.521.99$629
Apr 2016040336.561.99$802
Mar 2016090833.011.79$1,629
Feb 2016056326.472.06$1,162
Jan 2016070327.352.36$1,662
Dec 2015083232.362.00$1,665
Nov 2015048838.792.17$1,058
Oct 2015048043.552.43$1,165
Sep 2015044142.992.76$1,216
Aug 201517761740.162.87$8,881
Jul 2015067348.152.95$1,982
Jun 201501,12156.152.88$3,232
May 2015074055.212.96$2,187
Apr 2015058949.822.71$1,594
Mar 2015051742.892.93$1,517
Feb 2015048744.662.98$1,449
Jan 201518521043.433.10$8,686
Dec 2014010354.693.59$370
Nov 201401170.464.25$47
Oct 201402078.303.90$78
Sep 201404986.164.05$198
Aug 201407689.394.04$307
Jul 20140496.564.18$17
Jun 201401298.164.74$57
May 201401694.734.73$76
Apr 201402795.944.81$130
Mar 20141771295.895.06$17,033
Feb 201401597.406.19$93
Jan 20140090.404.86$0
Dec 2013020591.824.35$893
Nov 2013030388.853.74$1,133
Oct 2013039097.423.78$1,474
Sep 201317744104.113.72$18,591
Aug 20130160104.253.52$564
Jul 2013044102.523.72$164
Jun 201305694.403.93$220
May 201302194.834.15$87
Apr 201302493.964.28$103
Mar 201306293.623.91$243
Feb 2013027991.233.42$954
Jan 201318142691.603.42$18,036
Dec 2012014686.773.42$499
Nov 2012043986.953.62$1,591
Oct 201209189.383.40$309
Sep 2012052194.672.92$1,520
Aug 201207692.662.91$221
Jul 20121775185.133.02$15,222
Jun 2012035379.822.52$889
May 2012028891.612.49$717
Apr 20120330101.652.00$659
Mar 20120144105.052.22$320
Feb 20120545101.102.57$1,401
Jan 201218346298.092.73$19,214
Dec 2011045496.873.24$1,471
Nov 2011052695.723.31$1,742
Oct 2011043484.983.65$1,583
Sep 2011018883.623.99$749
Aug 2011021283.404.15$880
Jul 2011014194.144.52$637
Jun 201117453592.904.64$18,647
May 2011020898.134.40$916
Apr 20110198105.964.33$858
Mar 2011020196.364.06$816
Feb 2011028685.644.18$1,195
Jan 2011021686.504.59$991
Dec 201006785.734.35$291
Nov 2010031480.843.80$1,192
Oct 2010039478.103.51$1,383
Sep 201006772.633.98$267
Aug 201001573.684.42$66
Jul 20101807672.554.74$13,419
Jun 2010020270.364.91$992
May 2010020771.124.24$877
Apr 201008981.694.12$367
Mar 2010052578.394.39$2,304
Feb 2010021473.585.44$1,165
Jan 2010023674.365.96$1,408
Dec 2009034371.445.48$1,881
Nov 200902,17674.593.75$8,163
Oct 200917638372.544.11$14,341
Sep 2009013865.543.06$423
Aug 2009047167.423.22$1,516
Jul 2009041761.133.46$1,445
Jun 2009031766.163.90$1,235
May 2009018154.743.93$711
Apr 200903846.773.59$136
Mar 200917716442.144.06$8,124
Feb 2009041032.814.63$1,900
Jan 2009049935.865.37$2,680
Dec 20081145637.105.98$4,564
Nov 2008060555.496.86$4,151
Oct 200818045275.246.92$16,672
Sep 20080185101.767.88$1,457
Aug 20080277114.228.48$2,350
Jul 20080570131.0811.39$6,492
Jun 20080308131.3313.03$4,014
May 2008175297123.1711.57$24,992
Apr 20080337110.3110.45$3,523
Mar 20080211101.909.66$2,039
Feb 200817931592.538.77$19,326
Jan 2008041490.388.21$3,397
Dec 2007030288.337.30$2,205
Nov 200717938791.677.29$19,231
Oct 2007013982.856.92$962
Sep 2007013375.846.24$830
Aug 2007013869.066.39$882
Jul 200717632570.906.39$14,554
Jun 2007027462.007.55$2,068
May 2007016658.747.85$1,302
Apr 200717641759.617.81$13,746
Mar 2007083356.927.30$6,083
Feb 2007077655.108.22$6,376
Jan 200718094350.306.73$15,397
Dec 2006085956.656.92$5,943
Nov 20061821,23854.207.62$19,295
Oct 2006052154.906.01$3,133
Sep 2006046360.085.04$2,332
Aug 2006030768.717.34$2,253
Jul 20061811,08469.376.34$19,432
Jun 2006095366.286.38$6,084
May 200617725166.016.42$13,296
Apr 2006025164.397.36$1,847
Mar 2006023956.707.08$1,693
Feb 200618019457.597.75$11,870
Jan 2006021560.598.93$1,921
Dec 2005021554.9413.42$2,884
Nov 200517910154.6910.59$10,859
Oct 2005019458.3413.80$2,676
Sep 2005022861.4512.08$2,754
Aug 200518229361.519.80$14,065
Jul 2005029455.697.84$2,306
Jun 200517732152.337.38$11,632
May 2005019045.226.65$1,264
Apr 2005121149.207.36$1,602
Mar 200518124150.377.15$10,841
Feb 2005019845.226.31$1,250
Jan 200518324143.166.32$9,422
Dec 2004025639.866.75$1,728
Nov 2004023345.286.33$1,475
Oct 2004011249.706.52$730
Sep 200418017543.245.28$8,708
Aug 2004038242.375.55$2,120
Jul 200417626538.286.08$8,350
Jun 2004026736.106.43$1,718
May 2004057037.486.49$3,702
Apr 200418320834.475.86$7,527
Mar 2004019334.365.53$1,067
Feb 200418422732.455.51$7,221
Jan 2004024632.036.30$1,550
Dec 2003020330.266.30$1,279
Nov 200318322828.804.60$6,318
Oct 200302728.174.76$129
Sep 200317923226.314.75$5,811
Aug 2003017629.765.13$903
Jul 200317926729.415.17$6,645
Jun 2003025528.565.98$1,526
May 200318129326.595.97$6,563
Apr 2003019926.675.41$1,076
Mar 200318316431.146.10$6,698
Feb 2003019933.487.93$1,577
Jan 200318215830.315.58$6,398
Dec 2002014926.914.85$723
Nov 200218321924.664.14$5,419
Oct 200218021326.464.23$5,664
Sep 2002023127.443.64$840
Aug 200217922225.963.16$5,349
Jul 2002022824.583.06$698
Jun 200217939123.733.34$5,553
May 2002025624.663.58$918
Apr 200217420923.653.51$4,849
Mar 200217723322.003.10$4,617
Feb 2002015218.222.38$361
Jan 200217910917.172.38$3,332
Dec 2001011516.932.36$272
Nov 20011877918.072.41$3,569
Oct 200109719.782.53$245
Sep 20011801624.262.25$4,403
Aug 20010024.873.05$0
Jul 20010723.933.20$22
Jun 200102924.563.82$111
May 20011769825.524.31$4,914
Apr 200117615424.685.34$5,165
Mar 200105724.545.38$306
Feb 2001011127.755.77$640
Jan 200118126527.478.40$7,198
Dec 2000032726.889.12$2,983
Nov 200018119032.215.66$6,905
Oct 2000016731.235.15$859
Sep 2000014131.875.19$731
Aug 200017914129.644.54$5,946
Jul 200007928.534.09$323
Jun 20000029.304.40$0
May 200018029927.263.68$6,007
Apr 2000011124.513.12$346
Mar 20001739528.422.86$5,188
Feb 2000038727.622.73$1,055
Jan 2000023025.272.48$571
Dec 199917646224.282.42$5,393
Nov 199901,08223.192.43$2,634
Oct 19991781,41820.982.80$7,710
Sep 199901,04121.752.62$2,726
Aug 199901,38419.262.88$3,980
Jul 19993581,04517.892.37$8,884
Jun 199901,11715.942.36$2,638
May 1999075315.792.32$1,748
Apr 1999070915.102.21$1,566
Mar 199935388212.471.84$6,023
Feb 199906899.981.82$1,252
Jan 1999041210.381.90$783
Dec 199805269.201.77$933
Nov 199818052510.892.19$3,108
Oct 1998053812.421.97$1,059
Sep 199817452712.592.08$3,288
Aug 199817354011.301.91$2,985
Jul 199817254011.742.24$3,227
Jun 1998061811.242.24$1,383
May 1998054112.622.21$1,194
Apr 199817750313.042.51$3,568
Mar 1998055312.802.31$1,277
Feb 199817959113.952.30$3,856
Jan 199818255114.702.15$3,863
Dec 1997054216.322.41$1,307
Nov 199717968418.193.09$5,368
Oct 1997048219.253.15$1,518
Sep 1997031317.742.95$925
Aug 199717355717.862.55$4,513
Jul 1997057917.582.25$1,301
Jun 199718057817.242.26$4,408
May 1997065218.972.31$1,505
Apr 199717863217.882.08$4,499
Mar 199717178018.951.94$4,753
Feb 1997058120.492.21$1,282
Jan 199717765323.483.54$6,467
Dec 199617460723.32$4,058
Nov 199617766521.97$3,889
Oct 1996070923.31$0
Sep 199618166822.22$4,022
Aug 1996076920.26$0
Jul 199617570919.55$3,421
Jun 199617859118.73$3,334
May 199617770719.43$3,439
Apr 1996063121.51$0
Mar 199618164019.38$3,508
Feb 1996041016.98$0
Jan 199617883117.07$3,038
Dec 199518278717.19$3,129
Nov 1995085516.00$0
Oct 199518270815.43$2,808
Sep 199517972616.18$2,896
Aug 199517780415.92$2,818
Jul 199517978915.24$2,728
Jun 199517873716.41$2,921
May 1995047217.56$0
Apr 199517957317.73$3,174
Mar 199517726716.44$2,910
Feb 199518266816.58$3,018
Jan 199517850215.92$2,834
Dec 199418263515.03$2,735
Nov 1994038015.90$0
Oct 199417686815.58$2,742
Sep 199418257015.29$2,783
Aug 199417739316.13$2,855
Jul 199418037617.56$3,161
Jun 199435570517.09$6,067
May 1994097015.88$0
Apr 19941771,32814.14$2,503
Mar 199431768612.46$3,950
Feb 1994056312.50$0
Jan 199417971212.66$2,266
Dec 199333964812.33$4,180
Nov 199317369814.49$2,507
Oct 199317572715.85$2,774
Sep 199317761815.03$2,660
Aug 199317971715.66$2,803
Jul 199317548915.46$2,706
Jun 199318263516.79$3,056
May 199317780017.68$3,129
Apr 199317167418.05$3,087
Mar 199317874018.14$3,229
Feb 199334454817.90$6,158
Jan 199335074116.93$5,926

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.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas     1,326 Mcf  × $  3.05 =     $4,039

────────────────────────────────────────────────────
Month total                                   $4,039

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/16042 is the state's own key, not one this site invented.