TRUST

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FRANKS, NW. (8900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21999District 03Field 32692500OilCasinghead gasSaveExport
Value, all time
$11.9 M
Apr 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
398
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 14 leases and 19 wells, and the rule below applies to all of them.

Discovered
1964-01-08
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 80 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
OilDisposition434,896 bbl$10,268,907
Casinghead gasProduction366,512 Mcf$1,658,760
Total$11,927,667

19 Mcf of this lease's gas, across 19 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 (3)

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 29.4023, -95.0422. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.40283, -95.04222 · 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
33.3%
1 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
9,100 ft
3 wells filed one
Completion to plug
3.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
133.3%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
133.3%

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 2,494 and 9,666 ft, median 9,100 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2014 – May 2021
3 of 3 wells
Plug dates filed
Apr 1993 – Mar 2023
2 of 3 wells; 1 filed none

Last completion to plug: a median of 3.1 years across the 1 well that filed both dates, with the middle half between 3.1 years and 3.1 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

3 wells

42-1673121719,666 ftMay 2021
42-1673123229,100 ftFeb 2020Mar 2023Yes
42-167312251D2,494 ftJun 2014Apr 1993

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 (398)

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

398 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20211070.783.98$71
Jun 20217169.493.38$490
May 202115163.483.02$955
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 202129057.805.55$1,676
Jan 20211092750.412.81$5,571
Dec 2020485044.642.68$21,650
Nov 2020439038.772.71$17,020
Oct 2020437036.972.48$16,156
Sep 2020276337.091.99$10,243
Aug 2020525039.982.39$20,990
Jul 2020178038.371.83$6,830
Jun 2020303034.901.69$10,575
May 2020461016.921.81$7,800
Apr 2020489014.751.80$7,213
Mar 20205049130.341.86$15,460
Feb 2020224049.881.98$11,173
Jan 20204057.252.09$229
Dec 201950059.012.30$2,951
Nov 2019283055.302.75$15,650
Oct 2019510053.472.42$27,270
Sep 2019499055.052.66$27,470
Aug 2019539053.112.30$28,626
Jul 2019499056.272.46$28,079
Jun 2019558052.782.49$29,451
May 2019514058.482.74$30,059
Apr 2019195062.632.75$12,213
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
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 201811060.183.08$662
May 201895065.382.90$6,211
Apr 201850063.842.90$3,192
Mar 2018167061.222.79$10,224
Feb 2018444061.782.77$27,430
Jan 2018184062.874.01$11,568
Dec 2017257057.272.92$14,718
Nov 2017315055.423.12$17,457
Oct 2017454049.292.98$22,378
Sep 2017487047.523.09$23,142
Aug 2017376045.373.00$17,059
Jul 201750811043.873.09$22,626
Jun 2017496042.493.09$21,075
May 2017531045.373.26$24,091
Apr 2017480047.933.21$23,006
Mar 2017411646.772.98$19,240
Feb 2017369050.452.95$18,616
Jan 2017400149.413.42$19,767
Dec 2016426048.763.72$20,772
Nov 2016387042.492.64$16,444
Oct 2016389046.193.09$17,968
Sep 2016369041.553.10$15,332
Aug 2016375041.442.92$15,540
Jul 2016415041.622.92$17,272
Jun 2016401045.352.69$18,185
May 2016472042.521.99$20,069
Apr 2016345036.561.99$12,613
Mar 2016319033.011.79$10,530
Feb 2016285026.472.06$7,544
Jan 2016353027.352.36$9,655
Dec 2015459032.362.00$14,853
Nov 2015463038.792.17$17,960
Oct 2015441043.552.43$19,206
Sep 2015429042.992.76$18,443
Aug 2015480040.162.87$19,277
Jul 2015471048.152.95$22,679
Jun 2015473056.152.88$26,559
May 2015436055.212.96$24,072
Apr 2015451049.822.71$22,469
Mar 2015451042.892.93$19,343
Feb 2015478044.662.98$21,347
Jan 2015445043.433.10$19,326
Dec 2014611054.693.59$33,416
Nov 2014414070.464.25$29,170
Oct 2014395078.303.90$30,929
Sep 2014485086.164.05$41,788
Aug 2014604089.394.04$53,992
Jul 2014565096.564.18$54,556
Jun 2014609098.164.74$59,779
May 2014667094.734.73$63,185
Apr 2014700095.944.81$67,158
Mar 2014618095.895.06$59,260
Feb 2014628097.406.19$61,167
Jan 2014736090.404.86$66,534
Dec 2013890091.824.35$81,720
Nov 2013369088.853.74$32,786
Oct 2013847097.423.78$82,515
Sep 20135640104.113.72$58,718
Aug 20137080104.253.52$73,809
Jul 20136540102.523.72$67,048
Jun 2013534094.403.93$50,410
May 2013408094.834.15$38,691
Apr 2013302093.964.28$28,376
Mar 2013641093.623.91$60,010
Feb 2013714091.233.42$65,138
Jan 2013694091.603.42$63,570
Dec 20126752,06686.773.42$65,636
Nov 20126441,96686.953.62$63,122
Oct 20128092,05089.383.40$79,278
Sep 20127902,00094.672.92$80,626
Aug 201283018,94192.662.91$131,991
Jul 201238211,31285.133.02$66,691
Jun 20122675,80079.822.52$35,922
May 20124236,77091.612.49$55,597
Apr 20126146,900101.652.00$76,191
Mar 20127106,670105.052.22$89,407
Feb 20126626,670101.102.57$84,072
Jan 20121707,13098.092.73$36,169
Dec 20111757,13096.873.24$40,052
Nov 20111106,90095.723.31$33,377
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011102,76583.404.15$12,307
Jul 2011802,63294.144.52$19,421
Jun 2011127,12192.904.64$34,155
May 2011752,13898.134.40$16,777
Apr 2011508,282105.964.33$41,186
Mar 2011978,27196.364.06$42,905
Feb 2011515,44985.644.18$27,144
Jan 2011458,53886.504.59$43,072
Dec 2010308,54085.734.35$39,702
Nov 2010538,12980.843.80$35,137
Oct 2010268,23878.103.51$30,937
Sep 2010618,14272.633.98$36,831
Aug 2010608,30773.684.42$41,132
Jul 2010928,61072.554.74$47,456
Jun 2010908,40070.364.91$47,580
May 2010847,88871.124.24$39,382
Apr 2010467,95881.694.12$36,566
Mar 2010788,28278.394.39$42,461
Feb 2010533,30073.585.44$21,860
Jan 2010557,58874.365.96$49,345
Dec 20096096671.445.48$9,584
Nov 20093977474.593.75$5,813
Oct 20094680772.544.11$6,654
Sep 20093389965.543.06$4,918
Aug 20094078567.423.22$5,223
Jul 200981061.133.46$4,952
Jun 200947066.163.90$3,110
May 200938054.743.93$2,080
Apr 20097046.773.59$327
Mar 200919042.144.06$801
Feb 200928032.814.63$919
Jan 20094035.865.37$143
Dec 20084037.105.98$148
Nov 20085055.496.86$277
Oct 20082075.246.92$150
Sep 200840101.767.88$407
Aug 200850114.228.48$571
Jul 200800131.0811.39$0
Jun 200830131.3313.03$394
May 2008150123.1711.57$1,848
Apr 2008150110.3110.45$1,655
Mar 200800101.909.66$0
Feb 20081092.538.77$93
Jan 20082090.388.21$181
Dec 20070088.337.30$0
Nov 20071091.677.29$92
Oct 2007455382.856.92$4,159
Sep 20070075.846.24$0
Aug 20076069.066.39$414
Jul 200730070.906.39$2,127
Jun 200722062.007.55$1,364
May 2007133058.747.85$7,812
Apr 200717431959.617.81$12,862
Mar 200728264856.927.30$20,783
Feb 20071921,23855.108.22$20,751
Jan 2007825,03150.306.73$37,967
Dec 20062063,81656.656.92$38,071
Nov 20061984,56654.207.62$45,513
Oct 20062392,09054.906.01$25,690
Sep 20062432,94560.085.04$29,434
Aug 20063032,61768.717.34$40,028
Jul 20062631,50569.376.34$27,790
Jun 200635163166.286.38$27,293
May 20061471,16766.016.42$17,201
Apr 200619064.397.36$1,223
Mar 20062242,09456.707.08$27,532
Feb 200652289457.597.75$36,991
Jan 200657962160.598.93$40,629
Dec 200549593854.9413.42$39,779
Nov 200550838854.6910.59$31,891
Oct 200591,09558.3413.80$15,631
Sep 20052061.4512.08$123
Aug 2005955861.519.80$6,412
Jul 200546157355.697.84$30,168
Jun 20055801,66852.337.38$42,663
May 20058651,20245.226.65$47,110
Apr 20058222,31449.207.36$57,475
Mar 20051,3991,11150.377.15$78,417
Feb 20051,38423045.226.31$64,036
Jan 20051,2221,50543.166.32$62,256
Dec 20041,22187239.866.75$54,556
Nov 20041,5606,31745.286.33$110,626
Oct 20045253,83249.706.52$51,058
Sep 2004030343.245.28$1,601
Aug 20044832,52942.375.55$34,502
Jul 20041,8998,16838.286.08$122,389
Jun 20041,1877,93736.106.43$93,910
May 20048722,75137.486.49$50,549
Apr 20048656,72834.475.86$69,232
Mar 20043251,20034.365.53$17,803
Feb 20041201,01632.455.51$9,492
Jan 20041783,27832.036.30$26,352
Dec 20031801,41530.266.30$14,364
Nov 20031711,63728.804.60$12,447
Oct 20035231,72528.174.76$22,943
Sep 20033581,70126.314.75$17,498
Aug 20033621,75829.765.13$19,791
Jul 20035501,68229.415.17$24,873
Jun 20035361,64028.565.98$25,120
May 20035271,54026.595.97$23,211
Apr 2003032426.675.41$1,752
Mar 2003016131.146.10$981
Feb 20033771,17233.487.93$21,911
Jan 20031891,05630.315.58$11,623
Dec 20025251,58126.914.85$21,802
Nov 20023611,41024.664.14$14,735
Oct 20025431,28026.464.23$19,781
Sep 20023651,50527.443.64$15,487
Aug 20026741,42225.963.16$21,996
Jul 200218047724.583.06$5,885
Jun 20021801,06823.733.34$7,837
May 20023201,27124.663.58$12,446
Apr 20023621,66323.653.51$14,402
Mar 200201,49322.003.10$4,632
Feb 200217684118.222.38$5,205
Jan 2002731,25217.172.38$4,228
Dec 200118570216.932.36$4,792
Nov 20013631,46218.072.41$10,076
Oct 20011451,45119.782.53$6,538
Sep 20011831,27824.262.25$7,317
Aug 200195487624.873.05$26,401
Jul 20013651,06123.933.20$12,127
Jun 20013651,54024.563.82$14,854
May 20013631,71525.524.31$16,651
Apr 20018931,64424.685.34$30,811
Mar 20011,2401,58824.545.38$38,967
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999486024.282.42$11,800
Nov 1999714023.192.43$16,558
Oct 19991,277020.982.80$26,791
Sep 19991,270021.752.62$27,623
Aug 19991,257019.262.88$24,210
Jul 19991,224017.892.37$21,897
Jun 19991,297015.942.36$20,674
May 19991,105015.792.32$17,448
Apr 19991,224015.102.21$18,482
Mar 19991,327012.471.84$16,548
Feb 19991,27709.981.82$12,744
Jan 19991,111010.381.90$11,532
Dec 19981,43109.201.77$13,165
Nov 19982,001010.892.19$21,791
Oct 19981,480012.421.97$18,382
Sep 19981,953012.592.08$24,588
Aug 19982,273011.301.91$25,685
Jul 19982,025011.742.24$23,774
Jun 19982,669011.242.24$30,000
May 19981,800012.622.21$22,716
Apr 19981,974013.042.51$25,741
Mar 19982,335012.802.31$29,888
Feb 19982,234013.952.30$31,164
Jan 19981,625014.702.15$23,888
Dec 19972,204016.322.41$35,969
Nov 19972,590018.193.09$47,112
Oct 19972,557019.253.15$49,222
Sep 19972,703017.742.95$47,951
Aug 19972,951017.862.55$52,705
Jul 19973,148017.582.25$55,342
Jun 19972,406017.242.26$41,479
May 19972,199018.972.31$41,715
Apr 19973,069017.882.08$54,874
Mar 19973,826018.951.94$72,503
Feb 19972,589020.492.21$53,049
Jan 19973,254023.483.54$76,404
Dec 19963,446023.32$80,361
Nov 19963,653021.97$80,256
Oct 19963,714023.31$86,573
Sep 19963,096022.22$68,793
Aug 19962,808020.26$56,890
Jul 19964,915019.55$96,088
Jun 19964,618018.73$86,495
May 19965,342019.43$103,795
Apr 19964,894021.51$105,270
Mar 19965,137019.38$99,555
Feb 19963,048016.98$51,755
Jan 19963,907017.07$66,692
Dec 19953,771017.19$64,823
Nov 19953,346016.00$53,536
Oct 19953,147015.43$48,558
Sep 19953,128016.18$50,611
Aug 19954,039015.92$64,301
Jul 19955,406015.24$82,387
Jun 19956,406016.41$105,122
May 19956,607017.56$116,019
Apr 19956,640017.73$117,727
Mar 19957,336016.44$120,604
Feb 19954,630016.58$76,765
Jan 19957,605015.92$121,072
Dec 19945,560015.03$83,567
Nov 19947,319015.90$116,372
Oct 19946,945115.58$108,203
Sep 19947,998115.29$122,289
Aug 19949,733116.13$156,993
Jul 199410,260117.56$180,166
Jun 19947,766117.09$132,721
May 19948,453115.88$134,234
Apr 19949,927114.14$140,368
Mar 199410,950112.46$136,437
Feb 199410,032112.50$125,400
Jan 199411,918112.66$150,882
Dec 199310,692112.33$131,832
Nov 19939,589114.49$138,945
Oct 199310,865115.85$172,210
Sep 199310,280115.03$154,508
Aug 19935,339115.66$83,609
Jul 19935,845115.46$90,364
Jun 19934,785116.79$80,340
May 19937,095117.68$125,440
Apr 1993711118.05$12,834

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.

Jul 2021 — as filed, then multipliedworked
Oil                    1 bbl  × $ 70.78 =        $71
Casinghead gas         0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                      $71

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/21999 is the state's own key, not one this site invented.