REID, D.

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

Oil lease lease 24573District 03Field 93765800OilCasinghead gasSaveExport
Value, all time
$5.3 M
Jul 2004 – Apr 2008
Value, last 12 filed months
$743 k
at the published price for each month
Months reported
46
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 32 leases and 32 wells, and the rule below applies to all of them.

Discovered
1989-12-13
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 1992-02-03.

The Commission's schedule remark for this field reads: COMPLETION OF EACH WELL.

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
OilDisposition48,718 bbl$2,707,747
Casinghead gasProduction349,450 Mcf$2,576,715
Total$5,284,462

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 30.1468, -94.0140. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.14681, -94.01398 · 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
14,244 ft
1 wells filed one
Completion to plug
28.5 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 14,244 ft.

Completions filed
Jan 1991
1 of 1 wells
Plug dates filed
Jul 2019
1 of 1 wells

Last completion to plug: a median of 28.5 years across the 1 well that filed both dates, with the middle half between 28.5 years and 28.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-36130618114,244 ftJan 1991Jul 2019Yes

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 (46)

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

46 months

Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 200782091.677.29$7,517
Oct 20071,1419,40482.856.92$159,626
Sep 20071,1638,86875.846.24$143,575
Aug 20079596,37769.066.39$106,964
Jul 20071,0856,49770.906.39$118,429
Jun 20078716,55562.007.55$103,482
May 20078786,62658.747.85$103,563
Apr 20071,0116,75759.617.81$113,005
Mar 20071,0076,55556.927.30$105,183
Feb 20071,0706,28655.108.22$110,603
Jan 20071,0057,03550.306.73$97,875
Dec 20061,3287,60656.656.92$127,853
Nov 20061,0987,29754.207.62$115,096
Oct 20061,0317,05654.906.01$99,035
Sep 20069337,24160.085.04$92,529
Aug 20069977,66768.717.34$124,779
Jul 20061,3149,03969.376.34$148,484
Jun 20061,3528,59866.286.38$144,499
May 20061,4029,11466.016.42$151,103
Apr 20061,3838,51264.397.36$151,704
Mar 20061,3378,70756.707.08$137,479
Feb 20061,2388,24657.597.75$135,212
Jan 20061,2438,71060.598.93$153,123
Dec 20051,1497,96854.9413.42$170,020
Nov 20051,2548,79754.6910.59$161,727
Oct 20059326,04758.3413.80$137,796
Sep 20054366,96861.4512.08$110,959
Aug 20057389,64961.519.80$139,924
Jul 200596913,17455.697.84$157,296
Jun 20051,48510,51152.337.38$155,292
May 20051,36910,36845.226.65$130,865
Apr 20051,3659,96549.207.36$140,505
Mar 20051,44810,29650.377.15$146,602
Feb 20051,2449,20945.226.31$114,380
Jan 20051,42010,48143.166.32$127,550
Dec 20041,50711,44039.866.75$137,301
Nov 20041,54310,14545.286.33$134,089
Oct 20041,76511,08649.706.52$159,947
Sep 20041,85410,73543.245.28$136,890
Aug 20041,68811,70742.375.55$136,502
Jul 20041,62412,15138.286.08$136,096

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 2007 — as filed, then multipliedworked
Oil                   82 bbl  × $ 91.67 =     $7,517
Casinghead gas         0 Mcf  × $  7.29 =         $0

────────────────────────────────────────────────────
Month total                                   $7,517

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/24573 is the state's own key, not one this site invented.