OLD OCEAN UNIT

Name: OLD OCEAN UNIT lease production and value, Apr 2000 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the OLD OCEAN (F-24) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23849District 03Field 67011801OilCasinghead gasSave Export

Value, all time

$12.2 M

Apr 2000 – May 2026

Value, last 12 filed months

$505 k

at the published price for each month

Months reported

314

no gaps in the span

Streams

oil, casinghead gas

The OLD OCEAN (F-24) 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 leases and 7 wells, and the rule below applies to all of them.

Discovered

2000-04-24

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 40 acres. The field rule took effect on 2012-11-13.

The Commission's schedule remark for this field reads: “FIELD - PLATS REQUIRED”

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	182,997 bbl	$10,107,577
Casinghead gas	Production	510,295 Mcf	$2,085,130
Total			$12,192,707

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 29.0354, -95.7275. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

29.03479, -95.72914 · 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

66.7%

2 of 3 wells

With a plug date

0.0%

0 of 3 wells

Median depth

11,162 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

266.7%

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.

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 11,100 and 13,123 ft, median 11,162 ft, over the 3 wells that filed a depth.

Completions filed

Nov 2008 – Nov 2012

3 of 3 wells

3 wells


42-03932693	235	11,100 ft	Nov 2012	—	Yes
42-03933113	260H	13,123 ft	Nov 2012	—	—
42-03932715	237	11,162 ft	Nov 2008	—	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 (314)

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

314 months


May 2026	363	765	106.41	3.05	$40,957
Apr 2026	715	668	98.93	2.87	$72,652
Mar 2026	532	732	89.75	3.15	$50,052
Feb 2026	537	383	63.50	3.75	$35,536
Jan 2026	539	302	59.13	8.00	$34,286
Dec 2025	703	295	56.66	4.41	$41,134
Nov 2025	534	2	58.59	3.93	$31,295
Oct 2025	535	103	59.38	3.30	$32,109
Sep 2025	528	1	62.74	3.08	$33,130
Aug 2025	701	364	63.93	3.01	$45,912
Jul 2025	710	373	66.74	3.32	$48,622
Jun 2025	545	1,018	66.48	3.13	$39,417
May 2025	554	2,007	60.55	3.23	$40,032
Apr 2025	741	2,329	62.36	3.54	$54,461
Mar 2025	736	2,391	67.70	4.27	$60,033
Feb 2025	378	1,908	70.88	4.34	$35,075
Jan 2025	729	778	74.32	4.28	$57,508
Dec 2024	713	585	68.99	3.12	$51,016
Nov 2024	534	573	69.05	2.20	$38,132
Oct 2024	867	684	71.37	2.28	$63,438
Sep 2024	712	150	69.61	2.36	$49,917
Aug 2024	712	475	75.63	2.06	$54,829
Jul 2024	709	431	79.93	2.15	$57,596
Jun 2024	710	460	78.08	2.63	$56,648
May 2024	721	554	78.81	2.20	$58,040
Apr 2024	718	608	84.45	1.66	$61,644
Mar 2024	881	519	80.30	1.55	$71,546
Feb 2024	874	708	76.09	1.78	$67,765
Jan 2024	0	99	73.02	3.30	$326
Dec 2023	175	285	71.26	2.61	$13,215
Nov 2023	527	578	77.89	2.81	$42,671
Oct 2023	181	299	85.44	3.09	$16,388
Sep 2023	175	459	89.04	2.74	$16,837
Aug 2023	368	857	80.52	2.67	$31,922
Jul 2023	530	1,334	74.85	2.64	$43,195
Jun 2023	363	1,115	68.96	2.26	$27,551
May 2023	534	1,448	70.62	2.23	$40,936
Apr 2023	549	1,446	78.12	2.24	$46,124
Mar 2023	564	2,249	72.85	2.39	$46,470
Feb 2023	377	1,051	75.11	2.47	$30,908
Jan 2023	574	1,381	76.53	3.39	$48,607
Dec 2022	583	2,164	76.41	5.73	$56,945
Nov 2022	408	2,508	85.00	5.65	$48,841
Oct 2022	592	2,987	87.18	5.86	$69,126
Sep 2022	589	2,852	84.88	8.16	$73,277
Aug 2022	598	2,558	94.52	9.13	$79,870
Jul 2022	585	2,722	101.58	7.54	$79,954
Jun 2022	584	2,629	115.09	7.98	$88,185
May 2022	423	3,048	109.37	8.43	$71,967
Apr 2022	783	3,159	104.22	6.84	$103,204
Mar 2022	589	2,790	108.88	5.08	$78,293
Feb 2022	533	293	91.05	4.86	$49,953
Jan 2022	898	954	81.84	4.54	$77,821
Dec 2021	544	813	71.32	3.90	$41,968
Nov 2021	389	1,460	77.43	5.24	$37,766
Oct 2021	922	1,708	79.79	5.71	$83,326
Sep 2021	610	4,772	69.86	5.35	$68,149
Aug 2021	429	3,462	66.02	4.22	$42,934
Jul 2021	748	2,641	70.78	3.98	$63,460
Jun 2021	526	879	69.49	3.38	$39,523
May 2021	896	874	63.48	3.02	$59,516
Apr 2021	735	510	60.36	2.76	$45,771
Mar 2021	711	192	61.30	2.72	$44,106
Feb 2021	535	653	57.80	5.55	$34,546
Jan 2021	548	637	50.41	2.81	$29,415
Dec 2020	714	312	44.64	2.68	$32,708
Nov 2020	552	1,219	38.77	2.71	$24,700
Oct 2020	923	1,577	36.97	2.48	$38,032
Sep 2020	735	1,684	37.09	1.99	$30,614
Aug 2020	740	1,013	39.98	2.39	$32,001
Jul 2020	784	3,305	38.37	1.83	$36,114
Jun 2020	1,341	4,772	34.90	1.69	$54,867
May 2020	385	2,185	16.92	1.81	$10,479
Apr 2020	540	1,119	14.75	1.80	$9,984
Mar 2020	153	10	30.34	1.86	$4,661
Feb 2020	351	77	49.88	1.98	$17,660
Jan 2020	184	434	57.25	2.09	$11,443
Dec 2019	882	586	59.01	2.30	$53,397
Nov 2019	723	1,226	55.30	2.75	$43,354
Oct 2019	897	690	53.47	2.42	$49,631
Sep 2019	537	686	55.05	2.66	$31,385
Aug 2019	891	618	53.11	2.30	$48,745
Jul 2019	539	589	56.27	2.46	$31,779
Jun 2019	891	0	52.78	2.49	$47,027
May 2019	710	0	58.48	2.74	$41,521
Apr 2019	874	0	62.63	2.75	$54,739
Mar 2019	875	0	56.80	3.06	$49,700
Feb 2019	694	0	50.85	2.79	$35,290
Jan 2019	702	0	46.03	3.23	$32,313
Dec 2018	695	1,767	46.59	4.19	$39,776
Nov 2018	718	777	52.93	4.24	$41,296
Oct 2018	902	756	61.44	3.40	$57,988
Sep 2018	887	747	59.54	3.11	$55,134
Aug 2018	712	822	59.40	3.07	$44,814
Jul 2018	1,062	815	65.14	2.93	$71,568
Jun 2018	544	1,239	60.18	3.08	$36,550
May 2018	722	2,193	65.38	2.90	$53,566
Apr 2018	1,054	1,173	63.84	2.90	$70,690
Mar 2018	1,048	1,119	61.22	2.79	$67,277
Feb 2018	700	959	61.78	2.77	$45,899
Jan 2018	713	1,578	62.87	4.01	$51,153
Dec 2017	1,424	1,129	57.27	2.92	$84,851
Nov 2017	723	1,026	55.42	3.12	$43,268
Oct 2017	1,198	2,403	49.29	2.98	$66,219
Sep 2017	889	1,528	47.52	3.09	$46,963
Aug 2017	679	2,465	45.37	3.00	$38,212
Jul 2017	169	545	43.87	3.09	$9,097
Jun 2017	344	978	42.49	3.09	$17,636
May 2017	849	1,377	45.37	3.26	$43,013
Apr 2017	686	1,374	47.93	3.21	$37,293
Mar 2017	1,028	1,451	46.77	2.98	$52,409
Feb 2017	833	1,248	50.45	2.95	$45,710
Jan 2017	842	1,488	49.41	3.42	$46,690
Dec 2016	839	1,533	48.76	3.72	$46,617
Nov 2016	681	1,514	42.49	2.64	$32,939
Oct 2016	859	1,694	46.19	3.09	$44,912
Sep 2016	1,036	1,627	41.55	3.10	$48,091
Aug 2016	879	1,804	41.44	2.92	$41,701
Jul 2016	714	1,929	41.62	2.92	$35,358
Jun 2016	1,044	2,014	45.35	2.69	$52,755
May 2016	1,083	1,791	42.52	1.99	$49,615
Apr 2016	1,053	1,757	36.56	1.99	$41,996
Mar 2016	903	4,507	33.01	1.79	$37,894
Feb 2016	1,087	2,864	26.47	2.06	$34,683
Jan 2016	1,065	2,733	27.35	2.36	$35,590
Dec 2015	557	1,322	32.36	2.00	$20,670
Nov 2015	707	3,442	38.79	2.17	$34,884
Oct 2015	853	3,559	43.55	2.43	$45,784
Sep 2015	1,106	3,037	42.99	2.76	$55,924
Aug 2015	1,059	2,286	40.16	2.87	$49,096
Jul 2015	1,036	2,424	48.15	2.95	$57,022
Jun 2015	711	2,465	56.15	2.88	$47,029
May 2015	1,039	3,152	55.21	2.96	$66,679
Apr 2015	1,099	2,831	49.82	2.71	$62,414
Mar 2015	738	4,911	42.89	2.93	$46,065
Feb 2015	745	0	44.66	2.98	$33,272
Jan 2015	633	0	43.43	3.10	$27,491
Dec 2014	1,292	0	54.69	3.59	$70,659
Nov 2014	1,583	0	70.46	4.25	$111,538
Oct 2014	967	0	78.30	3.90	$75,716
Sep 2014	1,201	1,316	86.16	4.05	$108,802
Aug 2014	1,378	0	89.39	4.04	$123,179
Jul 2014	1,224	0	96.56	4.18	$118,189
Jun 2014	1,162	0	98.16	4.74	$114,062
May 2014	1,367	0	94.73	4.73	$129,496
Apr 2014	1,132	696	95.94	4.81	$111,951
Mar 2014	1,398	1,095	95.89	5.06	$139,591
Feb 2014	1,540	0	97.40	6.19	$149,996
Jan 2014	1,430	0	90.40	4.86	$129,272
Dec 2013	1,629	0	91.82	4.35	$149,575
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	2,624	5,332	93.96	4.28	$269,386
Mar 2013	2,970	6,694	93.62	3.91	$304,244
Feb 2013	2,578	5,556	91.23	3.42	$254,192
Jan 2013	3,878	8,131	91.60	3.42	$383,032
Dec 2012	5,399	15,719	86.77	3.42	$522,233
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
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	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	35	0	26.31	4.75	$921
Aug 2003	184	0	29.76	5.13	$5,476
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	342	0	26.67	5.41	$9,121
Mar 2003	719	1,333	31.14	6.10	$30,516
Feb 2003	721	1,331	33.48	7.93	$34,688
Jan 2003	713	1,473	30.31	5.58	$29,833
Dec 2002	704	1,563	26.91	4.85	$26,531
Nov 2002	707	1,532	24.66	4.14	$23,772
Oct 2002	1,240	1,394	26.46	4.23	$38,706
Sep 2002	538	1,743	27.44	3.64	$21,099
Aug 2002	1,027	1,773	25.96	3.16	$32,271
Jul 2002	694	1,784	24.58	3.06	$22,521
Jun 2002	700	1,668	23.73	3.34	$22,179
May 2002	1,074	1,534	24.66	3.58	$31,983
Apr 2002	346	1,631	23.65	3.51	$13,911
Mar 2002	647	1,816	22.00	3.10	$19,869
Feb 2002	1,072	2,134	18.22	2.38	$24,602
Jan 2002	1,439	2,528	17.17	2.38	$30,713
Dec 2001	1,745	2,545	16.93	2.36	$35,560
Nov 2001	1,420	2,911	18.07	2.41	$32,662
Oct 2001	1,764	3,435	19.78	2.53	$43,579
Sep 2001	1,405	3,104	24.26	2.25	$41,073
Aug 2001	1,408	3,067	24.87	3.05	$44,381
Jul 2001	1,779	3,362	23.93	3.20	$53,320
Jun 2001	1,576	3,335	24.56	3.82	$51,460
May 2001	1,429	3,572	25.52	4.31	$51,854
Apr 2001	1,778	3,270	24.68	5.34	$61,328
Mar 2001	1,079	3,500	24.54	5.38	$45,296
Feb 2001	1,454	2,487	27.75	5.77	$54,691
Jan 2001	1,965	2,644	27.47	8.40	$76,185
Dec 2000	2,329	4,238	26.88	9.12	$101,265
Nov 2000	2,471	18,884	32.21	5.66	$186,437
Oct 2000	1,816	20,275	31.23	5.15	$161,039
Sep 2000	1,785	25,810	31.87	5.19	$190,752
Aug 2000	2,854	41,643	29.64	4.54	$273,683
Jul 2000	4,571	62,713	28.53	4.09	$386,891
Jun 2000	3,232	30,429	29.30	4.40	$228,502
May 2000	2,013	11,008	27.26	3.68	$95,381
Apr 2000	0	0	24.51	3.12	$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.

May 2026 — as filed, then multipliedworked

Oil                  363 bbl  × $106.41 =    $38,627
Casinghead gas       765 Mcf  × $  3.05 =     $2,330

────────────────────────────────────────────────────
Month total                                  $40,957

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/23849 is the state's own key, not one this site invented.