HERMES

Operated by R&R RESOURCES CORPORATION (P-5 687351) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18594District 03Field 34733500NGPA filingOilCasinghead gasSaveExport
Value, all time
$341 k
Jan 1993 – Jun 2002
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
114
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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition18,924 bbl$298,920
Casinghead gasProduction262,554 Mcf$42,411
Total$341,331

248,038 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 29.9401, -96.8639. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94014, -96.86387 · 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
11,010 ft
1 wells filed one
Completion to plug
16.8 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 11,010 ft.

Completions filed
Apr 1985
1 of 1 wells
Plug dates filed
Jan 2002
1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-14931970111,010 ftApr 1985Jan 2002Yes

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 (114)

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

114 months

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 20022061917.172.38$3,582
Dec 200103616.932.36$85
Nov 20010218.072.41$5
Oct 2001034119.782.53$862
Sep 2001030824.262.25$693
Aug 200102424.873.05$73
Jul 200104623.933.20$147
Jun 20010524.563.82$19
May 20010025.524.31$0
Apr 20010224.685.34$11
Mar 2001014524.545.38$780
Feb 2001012527.755.77$721
Jan 2001036227.478.40$3,040
Dec 2000015026.889.12$1,368
Nov 200002832.215.66$158
Oct 20000031.235.15$0
Sep 2000037531.875.19$1,945
Aug 2000049529.644.54$2,248
Jul 2000028128.534.09$1,149
Jun 20000229.304.40$9
May 200002427.263.68$88
Apr 200006824.513.12$212
Mar 200008228.422.86$235
Feb 200003527.622.73$95
Jan 2000011925.272.48$295
Dec 1999033824.282.42$819
Nov 199904523.192.43$110
Oct 199904620.982.80$129
Sep 199903421.752.62$89
Aug 199901719.262.88$49
Jul 199903517.892.37$83
Jun 199901515.942.36$35
May 199904715.792.32$109
Apr 199903515.102.21$77
Mar 199905712.471.84$105
Feb 199901429.981.82$258
Jan 1999113310.381.90$263
Dec 19981999.201.77$185
Nov 1998112310.892.19$280
Oct 1998312612.421.97$285
Sep 1998119212.592.08$330
Aug 1998158711.301.91$335
Jul 199867511.742.24$238
Jun 199859511.242.24$269
May 199849912.622.21$269
Apr 199877113.042.51$269
Mar 19981915412.802.31$599
Feb 1998913813.952.30$443
Jan 1998816114.702.15$465
Dec 1997824116.322.41$712
Nov 1997634618.193.09$1,178
Oct 19971412519.253.15$663
Sep 199782,78217.742.95$8,362
Aug 1997995117.862.55$2,590
Jul 19971343517.582.25$1,206
Jun 1997131,21817.242.26$2,973
May 1997101,01018.972.31$2,521
Apr 1997131,25117.882.08$2,838
Mar 19971033618.951.94$841
Feb 1997841620.492.21$1,082
Jan 1997106723.483.54$472
Dec 19961316623.32$303
Nov 199673,65321.97$154
Oct 199606,89923.31$0
Sep 199686,38022.22$178
Aug 1996126,63920.26$243
Jul 1996185,91319.55$352
Jun 1996186,57518.73$337
May 1996224,19719.43$427
Apr 1996102,08021.51$215
Mar 199618834219.38$3,643
Feb 19961132116.98$187
Jan 19961434117.07$239
Dec 199520049317.19$3,438
Nov 19951883016.00$288
Oct 19951911,25315.43$2,947
Sep 199572,16116.18$113
Aug 19953701,95115.92$5,890
Jul 19951942,21715.24$2,957
Jun 199502,88316.41$0
May 1995102,43817.56$176
Apr 1995141,89717.73$248
Mar 19953532,07416.44$5,803
Feb 19953792,46316.58$6,284
Jan 19957515,69515.92$11,956
Dec 19943829,23715.03$5,741
Nov 19947637,19115.90$12,132
Oct 19943522,66215.58$5,484
Sep 19947556,71115.29$11,544
Aug 19947517,16916.13$12,114
Jul 19947517,43717.56$13,188
Jun 19947457,33817.09$12,732
May 19947557,69115.88$11,989
Apr 19947537,53314.14$10,647
Mar 19943827,85312.46$4,760
Feb 19947757,02312.50$9,688
Jan 19947738,47712.66$9,786
Dec 19933847,72312.33$4,735
Nov 19937688,55814.49$11,128
Oct 19937568,12515.85$11,983
Sep 19937478,34415.03$11,227
Aug 19937458,98215.66$11,667
Jul 19937508,77615.46$11,595
Jun 19937557,45816.79$12,676
May 19933787,34117.68$6,683
Apr 19937626,92518.05$13,754
Mar 19937597,17018.14$13,768
Feb 19933875,65217.90$6,927
Jan 19935706,80116.93$9,650

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.

Jan 2002 — as filed, then multipliedworked
Oil                  206 bbl  × $ 17.17 =     $3,537
Casinghead gas        19 Mcf  × $  2.38 =        $45

────────────────────────────────────────────────────
Month total                                   $3,582

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/18594 is the state's own key, not one this site invented.