MUD HENS

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

Oil lease lease 25923District 03Field 34733600OilCasinghead gasSaveExport
Value, all time
$1.9 M
Feb 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
172
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 598 leases and 630 wells, and the rule below applies to all of them.

Discovered
1977-03-26
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 80 acres. The field rule took effect on 1997-05-16.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858.

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
OilDisposition23,146 bbl$1,909,615
Casinghead gasProduction3,120 Mcf$11,262
Total$1,920,877

Every month this lease reported (172)

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

172 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 2023176078.122.24$13,749
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 20221750101.587.54$17,777
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 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020299014.751.80$4,410
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019325059.012.30$19,178
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019173056.272.46$9,735
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019171062.632.75$10,710
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019181946.033.23$8,360
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 20180060.183.08$0
May 2018325665.382.90$21,266
Apr 201801863.842.90$52
Mar 201801061.222.79$28
Feb 20180361.782.77$8
Jan 2018305862.874.01$19,207
Dec 20170557.272.92$15
Nov 201701355.423.12$41
Oct 20171771849.292.98$8,778
Sep 201701947.523.09$59
Aug 20171782545.373.00$8,151
Jul 201702143.873.09$65
Jun 201701542.493.09$46
May 20173151345.373.26$14,334
Apr 201701347.933.21$42
Mar 201701246.772.98$36
Feb 201701550.452.95$44
Jan 20170049.413.42$0
Dec 2016159148.763.72$7,757
Nov 201601542.492.64$40
Oct 20165271346.193.09$24,382
Sep 201601241.553.10$37
Aug 201601641.442.92$47
Jul 20160741.622.92$20
Jun 2016187045.352.69$8,480
May 20160242.521.99$4
Apr 20160036.561.99$0
Mar 2016320033.011.79$10,563
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015312032.362.00$10,096
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 2015171042.992.76$7,351
Aug 2015338540.162.87$13,588
Jul 201503048.152.95$88
Jun 201502256.152.88$63
May 2015352755.212.96$19,455
Apr 20150249.822.71$5
Mar 2015324942.892.93$13,923
Feb 201501044.662.98$30
Jan 20153361943.433.10$14,651
Dec 20141532654.693.59$8,461
Nov 20141822970.464.25$12,947
Oct 20143264778.303.90$25,709
Sep 201405586.164.05$223
Aug 20143216189.394.04$28,940
Jul 20143405996.564.18$33,077
Jun 20141614698.164.74$16,022
May 20141665194.734.73$15,966
Apr 20144945695.944.81$47,664
Mar 20141683895.895.06$16,302
Feb 2014160097.406.19$15,584
Jan 20144779090.404.86$43,558
Dec 20130091.824.35$0
Nov 201364612288.853.74$57,853
Oct 20132719297.423.78$26,749
Sep 201334688104.113.72$36,349
Aug 201333495104.253.52$35,154
Jul 201348799102.523.72$50,295
Jun 201333812494.403.93$32,395
May 201365415094.834.15$62,641
Apr 201364816993.964.28$61,610
Mar 20131,12721893.623.91$106,363
Feb 201389827191.233.42$82,851
Jan 20132,36844691.603.42$218,434
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012685089.383.40$61,225
Sep 20121741894.672.92$16,525
Aug 2012317092.662.91$29,373
Jul 2012334085.133.02$28,433
Jun 2012819179.822.52$65,375
May 2012791291.612.49$72,468
Apr 20121,047163101.652.00$106,753
Mar 20121,914111105.052.22$201,312
Feb 20121740101.102.57$17,591

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.

Apr 2023 — as filed, then multipliedworked
Oil                  176 bbl  × $ 78.12 =    $13,749
Casinghead gas         0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                  $13,749

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/25923 is the state's own key, not one this site invented.