HOFFMAN - OL UNIT

Name: HOFFMAN - OL UNIT lease production and value, Jan 1994 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ANADARKO E&P COMPANY LP (P-5 20542) 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 22300District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$994 k

Jan 1994 – Feb 2005

Value, last 12 filed months

$30 k

at the published price for each month

Months reported

134

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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”

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.

Stream	Basis	Volume	Value
Oil	Disposition	55,552 bbl	$940,134
Casinghead gas	Production	86,403 Mcf	$54,299
Total			$994,433

68,326 Mcf of this lease's gas, across 36 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 29.8488, -96.9488. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.84881, -96.94882 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

14,243 ft

1 wells filed one

Completion to plug

11.0 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 14,243 ft.

Completions filed

Jan 1994

1 of 1 wells

Plug dates filed

Jan 2005

1 of 1 wells

Last completion to plug: a median of 11.0 years across the 1 well that filed both dates, with the middle half between 11.0 years and 11.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14932821	1	14,243 ft	Jan 1994	Jan 2005	Yes

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 (134)

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

134 months


Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	81	0	42.37	5.55	$3,432
Jul 2004	2	0	38.28	6.08	$77
Jun 2004	175	0	36.10	6.43	$6,318
May 2004	175	0	37.48	6.49	$6,559
Apr 2004	1	30	34.47	5.86	$210
Mar 2004	363	160	34.36	5.53	$13,358
Feb 2004	2	138	32.45	5.51	$825
Jan 2004	182	57	32.03	6.30	$6,189
Dec 2003	0	64	30.26	6.30	$403
Nov 2003	182	74	28.80	4.60	$5,582
Oct 2003	0	42	28.17	4.76	$200
Sep 2003	184	0	26.31	4.75	$4,841
Aug 2003	0	1	29.76	5.13	$5
Jul 2003	101	3	29.41	5.17	$2,986
Jun 2003	352	10	28.56	5.98	$10,113
May 2003	1	6	26.59	5.97	$62
Apr 2003	0	7	26.67	5.41	$38
Mar 2003	0	68	31.14	6.10	$415
Feb 2003	188	57	33.48	7.93	$6,746
Jan 2003	179	42	30.31	5.58	$5,660
Dec 2002	0	53	26.91	4.85	$257
Nov 2002	0	25	24.66	4.14	$103
Oct 2002	168	116	26.46	4.23	$4,936
Sep 2002	355	95	27.44	3.64	$10,087
Aug 2002	0	71	25.96	3.16	$225
Jul 2002	0	91	24.58	3.06	$279
Jun 2002	349	88	23.73	3.34	$8,576
May 2002	0	84	24.66	3.58	$301
Apr 2002	0	102	23.65	3.51	$358
Mar 2002	0	134	22.00	3.10	$416
Feb 2002	177	52	18.22	2.38	$3,348
Jan 2002	179	109	17.17	2.38	$3,332
Dec 2001	0	174	16.93	2.36	$411
Nov 2001	150	152	18.07	2.41	$3,076
Oct 2001	179	174	19.78	2.53	$3,981
Sep 2001	178	188	24.26	2.25	$4,742
Aug 2001	0	179	24.87	3.05	$547
Jul 2001	350	171	23.93	3.20	$8,922
Jun 2001	0	118	24.56	3.82	$451
May 2001	180	171	25.52	4.31	$5,330
Apr 2001	179	164	24.68	5.34	$5,293
Mar 2001	363	117	24.54	5.38	$9,537
Feb 2001	0	151	27.75	5.77	$871
Jan 2001	188	168	27.47	8.40	$6,575
Dec 2000	183	170	26.88	9.12	$6,470
Nov 2000	182	180	32.21	5.66	$6,881
Oct 2000	179	192	31.23	5.15	$6,578
Sep 2000	0	193	31.87	5.19	$1,001
Aug 2000	356	190	29.64	4.54	$11,415
Jul 2000	355	164	28.53	4.09	$10,799
Jun 2000	0	174	29.30	4.40	$765
May 2000	180	193	27.26	3.68	$5,617
Apr 2000	0	176	24.51	3.12	$548
Mar 2000	358	191	28.42	2.86	$10,721
Feb 2000	0	186	27.62	2.73	$507
Jan 2000	361	201	25.27	2.48	$9,621
Dec 1999	357	215	24.28	2.42	$9,189
Nov 1999	0	199	23.19	2.43	$484
Oct 1999	190	197	20.98	2.80	$4,539
Sep 1999	184	206	21.75	2.62	$4,541
Aug 1999	355	223	19.26	2.88	$7,479
Jul 1999	0	220	17.89	2.37	$522
Jun 1999	357	78	15.94	2.36	$5,875
May 1999	0	162	15.79	2.32	$376
Apr 1999	359	258	15.10	2.21	$5,991
Mar 1999	0	256	12.47	1.84	$471
Feb 1999	188	237	9.98	1.82	$2,307
Jan 1999	179	270	10.38	1.90	$2,371
Dec 1998	183	281	9.20	1.77	$2,182
Nov 1998	188	287	10.89	2.19	$2,675
Oct 1998	352	297	12.42	1.97	$4,957
Sep 1998	0	302	12.59	2.08	$629
Aug 1998	177	327	11.30	1.91	$2,624
Jul 1998	341	343	11.74	2.24	$4,771
Jun 1998	0	319	11.24	2.24	$714
May 1998	190	372	12.62	2.21	$3,219
Apr 1998	359	357	13.04	2.51	$5,576
Mar 1998	362	404	12.80	2.31	$5,567
Feb 1998	180	371	13.95	2.30	$3,364
Jan 1998	362	466	14.70	2.15	$6,326
Dec 1997	184	514	16.32	2.41	$4,242
Nov 1997	360	454	18.19	3.09	$7,950
Oct 1997	360	490	19.25	3.15	$8,473
Sep 1997	359	445	17.74	2.95	$7,684
Aug 1997	0	429	17.86	2.55	$1,096
Jul 1997	533	446	17.58	2.25	$10,372
Jun 1997	0	413	17.24	2.26	$932
May 1997	356	441	18.97	2.31	$7,771
Apr 1997	184	397	17.88	2.08	$4,117
Mar 1997	186	388	18.95	1.94	$4,277
Feb 1997	178	502	20.49	2.21	$4,755
Jan 1997	184	595	23.48	3.54	$6,426
Dec 1996	181	503	23.32	—	$4,221
Nov 1996	181	821	21.97	—	$3,977
Oct 1996	360	624	23.31	—	$8,392
Sep 1996	0	540	22.22	—	$0
Aug 1996	363	566	20.26	—	$7,354
Jul 1996	199	393	19.55	—	$3,890
Jun 1996	178	702	18.73	—	$3,334
May 1996	382	792	19.43	—	$7,422
Apr 1996	175	755	21.51	—	$3,764
Mar 1996	372	835	19.38	—	$7,209
Feb 1996	176	746	16.98	—	$2,988
Jan 1996	347	850	17.07	—	$5,923
Dec 1995	365	965	17.19	—	$6,274
Nov 1995	362	952	16.00	—	$5,792
Oct 1995	370	1,033	15.43	—	$5,709
Sep 1995	375	842	16.18	—	$6,068
Aug 1995	368	1,156	15.92	—	$5,859
Jul 1995	710	1,247	15.24	—	$10,820
Jun 1995	357	1,624	16.41	—	$5,858
May 1995	556	1,946	17.56	—	$9,763
Apr 1995	577	2,238	17.73	—	$10,230
Mar 1995	735	1,476	16.44	—	$12,083
Feb 1995	562	1,378	16.58	—	$9,318
Jan 1995	905	1,996	15.92	—	$14,408
Dec 1994	1,083	2,216	15.03	—	$16,277
Nov 1994	907	2,128	15.90	—	$14,421
Oct 1994	1,263	1,639	15.58	—	$19,678
Sep 1994	1,280	2,449	15.29	—	$19,571
Aug 1994	1,794	2,644	16.13	—	$28,937
Jul 1994	1,786	4,106	17.56	—	$31,362
Jun 1994	2,521	4,188	17.09	—	$43,084
May 1994	3,080	5,609	15.88	—	$48,910
Apr 1994	5,760	8,051	14.14	—	$81,446
Mar 1994	3,290	3,229	12.46	—	$40,993
Feb 1994	6,950	5,822	12.50	—	$86,875
Jan 1994	1,618	1,265	12.66	—	$20,484

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.

Aug 2004 — as filed, then multipliedworked

Oil                   81 bbl  × $ 42.37 =     $3,432
Casinghead gas         0 Mcf  × $  5.55 =         $0

────────────────────────────────────────────────────
Month total                                   $3,432

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/22300 is the state's own key, not one this site invented.