HANKAMER, E. C.

Operated by S. M. A. PRODUCTION COMPANY (P-5 740495) in the SABINE TRAM (COCKFIELD 7) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8307District 03Field 79373360OilCasinghead gasSaveExport
Value, all time
$231 k
Jan 1993 – Sep 1995
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
33
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 3 wells, and the rule below applies to all of them.

Discovered
1966-08-21
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
OilDisposition15,166 bbl$230,792
Casinghead gasProduction510 Mcf$0
Total$230,792

510 Mcf of this lease's gas, across 26 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

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 30.4676, -93.8130. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46765, -93.81297 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,343 ft
2 wells filed one
Completion to plug
14.3 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 8,250 and 8,436 ft, median 8,343 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1966 – Nov 1993
2 of 2 wells
Plug dates filed
Aug 1993 – Apr 1995
2 of 2 wells

Last completion to plug: a median of 14.3 years across the 2 wells that filed both dates, with the middle half between 7.8 years and 20.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3513058015B8,436 ftNov 1993Apr 1995Yes
42-35100479158,250 ftJul 1966Aug 1993Yes

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 (33)

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

33 months

Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 199558016.41$952
May 1995662017.56$1,159
Apr 199512017.73$18
Mar 19953772016.44$6,198
Feb 19953702016.58$6,135
Jan 19953662015.92$5,827
Dec 19943372015.03$5,065
Nov 19945402015.90$8,586
Oct 19943462015.58$5,391
Sep 19948542015.29$13,058
Aug 19949122016.13$14,711
Jul 19941,0632017.56$18,666
Jun 19941,0672017.09$18,235
May 19941,4432015.88$22,915
Apr 19941,4532014.14$20,545
Mar 19947272012.46$9,058
Feb 19949142012.50$11,425
Jan 19949592012.66$12,141
Dec 19931,2942012.33$15,955
Nov 199301014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 199375015.66$1,175
Jul 19933672015.46$5,674
Jun 19931242016.79$2,082
May 19932412017.68$4,261
Apr 19933752018.05$6,769
Mar 19932122018.14$3,846
Feb 19933782017.90$6,766
Jan 19932472016.93$4,182

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.

Jun 1995 — as filed, then multipliedworked
Oil                   58 bbl  × $ 16.41 =       $952
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $952

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/8307 is the state's own key, not one this site invented.