HANEY

Operated by WARREN PRODUCTION SERVICES (P-5 898015) in the KURTEN (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18450District 03Field 50424500OilCasinghead gasSaveExport
Value, all time
$1.2 M
Jan 1993 – Mar 2022
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
351
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 456 leases and 533 wells, and the rule below applies to all of them.

Discovered
1976-12-02
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 2015-03-24.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SET TO 100 % 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
OilDisposition42,642 bbl$1,132,595
Casinghead gasProduction19,609 Mcf$71,212
Total$1,203,807

20 Mcf of this lease's gas, across 20 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.

Every month this lease reported (351)

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

351 months

Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202198077.435.24$7,588
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021173070.783.98$12,245
Jun 20210069.493.38$0
May 2021161063.483.02$10,220
Apr 20210060.362.76$0
Mar 2021179061.302.72$10,973
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020180044.642.68$8,035
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020185039.982.39$7,396
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019169059.012.30$9,973
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019185055.052.66$10,184
Aug 20190053.112.30$0
Jul 2019180056.272.46$10,129
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018179046.594.19$8,340
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018174065.382.90$11,376
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 2017178049.292.98$8,774
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017180046.772.98$8,419
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016179041.553.10$7,437
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016182045.352.69$8,254
May 20160042.521.99$0
Apr 2016178036.561.99$6,508
Mar 20160033.011.79$0
Feb 2016187026.472.06$4,950
Jan 20160027.352.36$0
Dec 2015182032.362.00$5,890
Nov 20150038.792.17$0
Oct 2015193043.552.43$8,405
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014172078.303.90$13,468
Sep 2014183086.164.05$15,767
Aug 2014183089.394.04$16,358
Jul 2014193096.564.18$18,636
Jun 2014190098.164.74$18,650
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014194095.895.06$18,603
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012184089.383.40$16,446
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012184079.822.52$14,687
May 20120091.612.49$0
Apr 20121850101.652.00$18,805
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011180095.723.31$17,230
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011194096.364.06$18,694
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010194078.103.51$15,151
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010191070.364.91$13,439
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010186073.585.44$13,686
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009190072.544.11$13,783
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009196066.163.90$12,967
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007180062.007.55$11,160
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007202050.306.73$10,161
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006181068.717.34$12,437
Jul 20060069.376.34$0
Jun 2006180066.286.38$11,930
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006183056.707.08$10,376
Feb 20060057.597.75$0
Jan 2006192060.598.93$11,633
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20051878761.4512.08$12,542
Aug 2005017161.519.80$1,675
Jul 2005190155.697.84$10,589
Jun 200502252.337.38$162
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 200516511750.377.15$9,148
Feb 2005014145.226.31$890
Jan 2005165043.166.32$7,121
Dec 2004037939.866.75$2,559
Nov 20040045.286.33$0
Oct 2004170049.706.52$8,449
Sep 20040043.245.28$0
Aug 2004197042.375.55$8,347
Jul 20040038.286.08$0
Jun 20041793436.106.43$6,681
May 2004129437.486.49$1,947
Apr 2004026534.475.86$1,552
Mar 200409434.365.53$520
Feb 200417922632.455.51$7,054
Jan 2004025032.036.30$1,575
Dec 2003025030.266.30$1,575
Nov 200318635428.804.60$6,983
Oct 2003032328.174.76$1,537
Sep 2003019226.314.75$912
Aug 200316531729.765.13$6,537
Jul 2003026029.415.17$1,344
Jun 20031735828.565.98$5,288
May 2003035226.595.97$2,102
Apr 200318126726.675.41$6,271
Mar 2003035931.146.10$2,188
Feb 20031883333.487.93$6,556
Jan 200303330.315.58$184
Dec 200208526.914.85$413
Nov 20021787524.664.14$4,700
Oct 2002022026.464.23$930
Sep 200219130527.443.64$6,350
Aug 2002030525.963.16$965
Jul 200218920324.583.06$5,267
Jun 2002044323.733.34$1,479
May 200218442024.663.58$6,043
Apr 2002018323.653.51$643
Mar 20021722822.003.10$3,871
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001176016.932.36$2,980
Nov 20011731718.072.41$3,167
Oct 200117527519.782.53$4,157
Sep 200117674924.262.25$5,956
Aug 200101,58624.873.05$4,842
Jul 20013491,50123.933.20$13,150
Jun 2001054524.563.82$2,084
May 20010025.524.31$0
Apr 200103524.685.34$187
Mar 2001183024.545.38$4,491
Feb 20012027.755.77$56
Jan 200115927.478.40$523
Dec 20001805426.889.12$5,331
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20001735931.875.19$5,820
Aug 20001029.644.54$30
Jul 2000030928.534.09$1,264
Jun 2000133629.304.40$1,507
May 20001027.263.68$27
Apr 2000166024.513.12$4,069
Mar 2000157828.422.86$1,681
Feb 20001027.622.73$28
Jan 2000044725.272.48$1,109
Dec 19994024.282.42$97
Nov 1999177023.192.43$4,105
Oct 19991020.982.80$21
Sep 19992021.752.62$44
Aug 1999170019.262.88$3,274
Jul 19991017.892.37$18
Jun 1999176015.942.36$2,805
May 1999188015.792.32$2,969
Apr 19990015.102.21$0
Mar 199918657612.471.84$3,378
Feb 19991634919.981.82$2,519
Jan 199918856310.381.90$3,021
Dec 199831349.201.77$265
Nov 199818719010.892.19$2,452
Oct 199818927812.421.97$2,895
Sep 1998374012.592.08$4,709
Aug 1998198111.301.91$2,239
Jul 19981705211.742.24$2,112
Jun 19981,05129511.242.24$12,473
May 199871620912.622.21$9,497
Apr 19985232413.042.51$6,880
Mar 19981,28921712.802.31$17,000
Feb 19981,86063613.952.30$27,409
Jan 19982,7971,07314.702.15$43,428
Dec 19973,7491,02516.322.41$63,655
Nov 19971,79012918.193.09$32,958
Oct 1997183019.253.15$3,523
Sep 199711017.742.95$195
Aug 1997191017.862.55$3,411
Jul 19972,593017.582.25$45,585
Jun 19971,609017.242.26$27,739
May 19971,643018.972.31$31,168
Apr 199783017.882.08$1,484
Mar 1997528018.951.94$10,006
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 1996179023.32$4,174
Nov 1996176021.97$3,867
Oct 1996178023.31$4,149
Sep 1996181022.22$4,022
Aug 1996178020.26$3,606
Jul 1996357019.55$6,979
Jun 1996180018.73$3,371
May 1996353019.43$6,859
Apr 1996353021.51$7,593
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995178017.19$3,060
Nov 1995339016.00$5,424
Oct 19950015.43$0
Sep 1995174016.18$2,815
Aug 19950015.92$0
Jul 19950015.24$0
Jun 1995176016.41$2,888
May 19950017.56$0
Apr 1995177017.73$3,138
Mar 1995161016.44$2,647
Feb 19950016.58$0
Jan 1995160015.92$2,547
Dec 1994170015.03$2,555
Nov 1994159015.90$2,528
Oct 19940015.58$0
Sep 1994183015.29$2,798
Aug 1994171116.13$2,758
Jul 1994159117.56$2,792
Jun 1994297117.09$5,076
May 19940115.88$0
Apr 1994169114.14$2,390
Mar 19942112.46$25
Feb 1994175112.50$2,188
Jan 1994147112.66$1,861
Dec 1993164112.33$2,022
Nov 1993347114.49$5,028
Oct 1993176115.85$2,790
Sep 19930115.03$0
Aug 1993168115.66$2,631
Jul 1993172115.46$2,659
Jun 1993177116.79$2,972
May 1993173117.68$3,059
Apr 1993174118.05$3,141
Mar 1993170118.14$3,084
Feb 1993358117.90$6,408
Jan 19930116.93$0

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.

Nov 2021 — as filed, then multipliedworked
Oil                   98 bbl  × $ 77.43 =     $7,588
Casinghead gas         0 Mcf  × $  5.24 =         $0

────────────────────────────────────────────────────
Month total                                   $7,588

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/18450 is the state's own key, not one this site invented.