HAYES MINERALS, ET AL

Operated by COASTAL PLAINS EXPLORATION, LLC (P-5 161678) in the TOM TEAL (HACKBERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26589District 03Field 90601500OilCasinghead gasSaveExport
Value, all time
$5.2 M
Sep 2014 – Jun 2018
Value, last 12 filed months
$5 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2014-09-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: LOG FOR THE DISCOVERY WELL (API #361-30958)

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
OilDisposition56,189 bbl$2,390,699
Casinghead gasProduction1,074,347 Mcf$2,818,802
Total$5,209,501

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 30.1945, -93.7966. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.19452, -93.79664 · 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
8,700 ft
1 wells filed one
Completion to plug
15 months
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 8,700 ft.

Completions filed
Jun 2017
1 of 1 wells
Plug dates filed
Sep 2018
1 of 1 wells

Last completion to plug: a median of 15 months across the 1 well that filed both dates, with the middle half between 15 months and 15 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3613095818,700 ftJun 2017Sep 2018Yes

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

Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017124043.873.09$5,440
Jun 2017312042.493.09$13,257
May 20170045.373.26$0
Apr 20171864,16947.933.21$22,304
Mar 201773419,85546.772.98$93,570
Feb 201774426,29850.452.95$115,182
Jan 20171,10932,47049.413.42$165,804
Dec 20161,48636,14648.763.72$207,023
Nov 20161,29444,27642.492.64$172,063
Oct 20161,66548,84846.193.09$227,859
Sep 20161,77750,16941.553.10$229,390
Aug 20162,15851,30141.442.92$239,449
Jul 20162,10853,32141.622.92$243,664
Jun 20161,86950,35045.352.69$219,991
May 20162,71354,33342.521.99$223,536
Apr 20162,27152,92936.561.99$188,412
Mar 20162,51554,40033.011.79$180,614
Feb 20162,49850,61926.472.06$170,581
Jan 20162,80554,17927.352.36$204,815
Dec 20153,07354,48932.362.00$208,497
Nov 20152,98250,59138.792.17$225,319
Oct 20152,83249,96443.552.43$244,575
Sep 20152,74542,00742.992.76$233,881
Aug 20152,80940,68840.162.87$229,685
Jul 20153,15542,65148.152.95$277,524
Jun 20153,44342,81356.152.88$316,748
May 20153,65540,56355.212.96$321,674
Apr 20153,12726,91849.822.71$228,643
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$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.

Jul 2017 — as filed, then multipliedworked
Oil                  124 bbl  × $ 43.87 =     $5,440
Casinghead gas         0 Mcf  × $  3.09 =         $0

────────────────────────────────────────────────────
Month total                                   $5,440

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/26589 is the state's own key, not one this site invented.