POOLE, V.

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

Oil lease lease 24346District 03Field 75470490OilCasinghead gasSaveExport
Value, all time
$3.8 M
Apr 2003 – Mar 2016
Value, last 12 filed months
$166
at the published price for each month
Months reported
156
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1990-07-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
2,640 ft
minimum
From a lease line
1,320 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1993-07-19.

The Commission's schedule remark for this field reads: SURVEYS.

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
OilDisposition36,458 bbl$2,413,138
Casinghead gasProduction270,497 Mcf$1,420,478
Total$3,833,617

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 29.9883, -94.7330. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.98827, -94.73299 · 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
12,991 ft
1 wells filed one
Completion to plug
7.6 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 12,991 ft.

Completions filed
Jun 2008
1 of 1 wells
Plug dates filed
Jan 2016
1 of 1 wells

Last completion to plug: a median of 7.6 years across the 1 well that filed both dates, with the middle half between 7.6 years and 7.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-29132158112,991 ftJun 2008Jan 2016Yes

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 (156)

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

156 months

Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150438.792.17$9
Oct 20150043.552.43$0
Sep 20150542.992.76$14
Aug 20150040.162.87$0
Jul 201501348.152.95$38
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201503949.822.71$106
Mar 20150042.892.93$0
Feb 20150844.662.98$24
Jan 201520313843.433.10$9,244
Dec 201420158954.693.59$13,108
Nov 20141821,05570.464.25$17,309
Oct 20141821,13778.303.90$18,686
Sep 20143381,44186.164.05$34,952
Aug 20141941,64189.394.04$23,963
Jul 20141691,78896.564.18$23,792
Jun 20141822,13598.164.74$27,978
May 20143492,05494.734.73$42,769
Apr 20142011,52795.944.81$26,627
Mar 20141781,63495.895.06$25,331
Feb 20143693,14597.406.19$55,414
Jan 20142013,35390.404.86$34,468
Dec 20135542,77691.824.35$62,956
Nov 201302,29988.853.74$8,594
Oct 201320447097.423.78$21,650
Sep 201301,318104.113.72$4,900
Aug 20131822,790104.253.52$28,802
Jul 20131823,049102.523.72$29,994
Jun 20131863,18494.403.93$30,082
May 20131973,21694.834.15$32,025
Apr 20132003,29693.964.28$32,907
Mar 20134043,45693.623.91$51,345
Feb 20132053,28391.233.42$29,930
Jan 20133913,61991.603.42$48,192
Dec 201218252986.773.42$17,601
Nov 20122043,76086.953.62$31,368
Oct 20124003,95189.383.40$49,184
Sep 20121903,80894.672.92$29,101
Aug 20123864,02992.662.91$47,484
Jul 20121913,31885.133.02$26,283
Jun 20121983,15679.822.52$23,754
May 20121993,20791.612.49$26,210
Apr 20123903,271101.652.00$46,175
Mar 20120956105.052.22$2,124
Feb 20121811,309101.102.57$21,664
Jan 201201,23898.092.73$3,385
Dec 20111731,41796.873.24$21,349
Nov 20111981,60395.723.31$24,261
Oct 20111772,10284.983.65$22,711
Sep 20111972,50083.623.99$26,438
Aug 20111962,94083.404.15$28,545
Jul 20111913,39494.144.52$33,312
Jun 20111813,08292.904.64$31,115
May 20115213,71498.134.40$67,485
Apr 201102,973105.964.33$12,883
Mar 20113752,92196.364.06$47,986
Feb 20111892,31985.644.18$25,879
Jan 20113802,62986.504.59$44,934
Dec 201002,40885.734.35$10,469
Nov 20103702,23780.843.80$38,401
Oct 20101962,30178.103.51$23,382
Sep 201019373572.633.98$16,943
Aug 2010038173.684.42$1,684
Jul 20101571,84172.554.74$20,110
Jun 20103261,88570.364.91$32,193
May 20101874,02371.124.24$30,338
Apr 20103543,89181.694.12$44,960
Mar 20101903,23878.394.39$29,105
Feb 2010532073.585.44$39,145
Jan 20100074.365.96$0
Dec 20093723,26171.445.48$44,458
Nov 20091622,29174.593.75$20,678
Oct 20093112,44272.544.11$32,597
Sep 20091882,08765.543.06$18,718
Aug 20093632,21667.423.22$31,606
Jul 20092982,39661.133.46$26,518
Jun 20091851,88466.163.90$19,578
May 200918788354.743.93$13,703
Apr 200935922946.773.59$17,612
Mar 200934947942.144.06$16,651
Feb 200918941132.814.63$8,105
Jan 200939051535.865.37$16,751
Dec 200818737437.105.98$9,173
Nov 20085061,10355.496.86$35,645
Oct 20081833,15275.246.92$35,587
Sep 20081781,547101.767.88$30,299
Aug 20081671,136114.228.48$28,711
Jul 200800131.0811.39$0
Jun 2008140474131.3313.03$24,564
May 20081802,286123.1711.57$48,629
Apr 20081942,407110.3110.45$46,565
Mar 20081662,847101.909.66$44,429
Feb 20081782,33592.538.77$36,950
Jan 20083362,50190.388.21$50,890
Dec 20072394,11488.337.30$51,151
Nov 200718524691.677.29$18,753
Oct 20071681,99682.856.92$27,735
Sep 20071583,48975.846.24$33,769
Aug 20071473,14969.066.39$30,267
Jul 20073702,73070.906.39$43,672
Jun 20071842,63862.007.55$31,321
May 20071862,93358.747.85$33,939
Apr 20071872,86159.617.81$33,478
Mar 20071592,17156.927.30$24,903
Feb 20075462,40555.108.22$49,844
Jan 20071882,26650.306.73$24,699
Dec 20061922,05556.656.92$25,094
Nov 20063582,06854.207.62$35,157
Oct 20063632,94454.906.01$37,633
Sep 20061873,25460.085.04$27,626
Aug 20065322,57068.717.34$55,417
Jul 200602,62569.376.34$16,650
Jun 200617846066.286.38$14,734
May 200632892366.016.42$27,582
Apr 200617922864.397.36$13,204
Mar 200635974056.707.08$25,597
Feb 200619219357.597.75$12,553
Jan 20063531,00460.598.93$30,357
Dec 200519273254.9413.42$20,369
Nov 20051892,23054.6910.59$33,949
Oct 20055561,00458.3413.80$46,288
Sep 2005065261.4512.08$7,876
Aug 20055661,02461.519.80$44,847
Jul 200519632055.697.84$13,425
Jun 200519270052.337.38$15,214
May 20053681,04745.226.65$23,605
Apr 200519366949.207.36$14,420
Mar 200556440050.377.15$31,271
Feb 20051881,42545.226.31$17,496
Jan 200518581343.166.32$13,125
Dec 20045421,11039.866.75$29,098
Nov 200418864545.286.33$12,596
Oct 20043711,08249.706.52$25,488
Sep 200438314843.245.28$17,343
Aug 20043591,68042.375.55$24,536
Jul 20043642,81638.286.08$31,067
Jun 20043831,92536.106.43$26,210
May 200437773937.486.49$18,929
Apr 200437558034.475.86$16,324
Mar 200438249234.365.53$15,846
Feb 200438258232.455.51$15,603
Jan 20043911,06732.036.30$19,245
Dec 200330862430.266.30$13,252
Nov 200338137128.804.60$12,678
Oct 200337075328.174.76$14,007
Sep 200338267126.314.75$13,237
Aug 20033754,43529.765.13$33,910
Jul 20035672,08129.415.17$27,436
Jun 20035592,21428.565.98$29,211
May 20033762,85426.595.97$27,044
Apr 2003901,76626.675.41$11,950

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.

Nov 2015 — as filed, then multipliedworked
Oil                    0 bbl  × $ 38.79 =         $0
Casinghead gas         4 Mcf  × $  2.17 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/24346 is the state's own key, not one this site invented.