ARCO HUGHES

Operated by HANSON PRODUCTION COMPANY (P-5 355500) in the CASTILLO (YEGUA #8-A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18910District 03Field 16269935OilCasinghead gasSaveExport
Value, all time
$335 k
Jan 1993 – Nov 1996
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
47
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 5 wells, and the rule below applies to all of them.

Discovered
1975-10-01
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition20,334 bbl$334,538
Casinghead gasProduction617 Mcf$0
Total$334,538

617 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 30.4929, -93.9567. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.49293, -93.95669 · 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
0.0%
0 of 1 wells
Median depth
7,900 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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.
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 7,900 ft.

Completions filed
Dec 1999
1 of 1 wells

1 well

42-2413043537,900 ftDec 1999Yes

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 (47)

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

47 months

Nov 19960021.97$0
Oct 19960023.31$0
Sep 199617022.22$378
Aug 19960020.26$0
Jul 19960019.55$0
Jun 199685018.73$1,592
May 1996325019.43$6,315
Apr 1996722021.51$15,530
Mar 1996615019.38$11,919
Feb 1996440016.98$7,471
Jan 1996553017.07$9,440
Dec 1995513017.19$8,818
Nov 1995733016.00$11,728
Oct 1995852015.43$13,146
Sep 1995729016.18$11,795
Aug 1995588015.92$9,361
Jul 1995696015.24$10,607
Jun 1995554016.41$9,091
May 1995641017.56$11,256
Apr 1995753017.73$13,351
Mar 1995492016.44$8,088
Feb 1995567016.58$9,401
Jan 1995526015.92$8,374
Dec 1994767015.03$11,528
Nov 1994617015.90$9,810
Oct 1994522015.58$8,133
Sep 1994518115.29$7,920
Aug 1994501116.13$8,081
Jul 1994493117.56$8,657
Jun 1994485117.09$8,289
May 1994551115.88$8,750
Apr 1994489114.14$6,914
Mar 1994421112.46$5,246
Feb 1994220112.50$2,750
Jan 1994338112.66$4,279
Dec 19934205012.33$5,179
Nov 19932885014.49$4,173
Oct 1993205015.85$317
Sep 19931095015.03$1,638
Aug 1993745015.66$1,159
Jul 19932345015.46$3,618
Jun 19934575016.79$7,673
May 19936375117.68$11,262
Apr 19934555118.05$8,213
Mar 19935195218.14$9,415
Feb 19933745217.90$6,695
Jan 19934245216.93$7,178

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 1996 — as filed, then multipliedworked
Oil                   17 bbl  × $ 22.22 =       $378
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $378

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/18910 is the state's own key, not one this site invented.