HEARD GAS UNIT

Operated by UNITED OIL & MINERALS L. P. (P-5 877330) in the TEXAN GARDENS (S, WEST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 124607District 04Field 89070369NGPA filingCondensateGasSaveExport
Value, all time
$1.2 M
Jan 1993 – Dec 2002
Value, last 12 filed months
$170 k
at the published price for each month
Months reported
120
no gaps in the span
Streams
2
condensate, 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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1987-03-13
as the register files it
Field class
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: ALLOC. FORM. SUSP. ADMIN. EFF 8-1-93.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition1,220 bbl$24,113
GasProduction706,338 Mcf$1,125,897
Total$1,150,010

339,750 Mcf of this lease's gas, across 48 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 (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 26.3021, -98.4211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.30205, -98.42111 · 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
0.0%
0 of 1 wells
Median depth
10,154 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 10,154 ft.

Completions filed
Apr 2001
1 of 1 wells

1 well

42-21531749110,154 ftApr 2001Yes

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 (120)

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

120 months

Dec 200246926.914.85$1,282
Nov 20024797124.664.14$5,176
Oct 2002962,68826.464.23$13,908
Sep 200204,90427.443.64$17,827
Aug 200215,02625.963.16$15,929
Jul 2002444,95224.583.06$16,243
Jun 2002951,45223.733.34$7,101
May 200239,90224.663.58$35,563
Apr 200205,89923.653.51$20,719
Mar 200254,50622.003.10$14,091
Feb 200203,79018.222.38$9,004
Jan 200245,52817.172.38$13,201
Dec 200107,27916.932.36$17,210
Nov 200138,42918.072.41$20,330
Oct 200176,30119.782.53$16,073
Sep 200118,28924.262.25$18,685
Aug 200109,29724.873.05$28,385
Jul 2001010,28823.933.20$32,892
Jun 2001011,68724.563.82$44,693
May 2001012,64225.524.31$54,453
Apr 2001013,74924.685.34$73,355
Mar 20010024.545.38$0
Feb 200101,50327.755.77$8,668
Jan 200103,39927.478.40$28,547
Dec 200023,39726.889.12$31,043
Nov 200003,61132.215.66$20,431
Oct 200003,62731.235.15$18,663
Sep 200013,57931.875.19$18,594
Aug 200003,47329.644.54$15,770
Jul 200002,97728.534.09$12,175
Jun 200003,78629.304.40$16,648
May 200003,72527.263.68$13,707
Apr 200003,55624.513.12$11,081
Mar 2000364,83428.422.86$14,847
Feb 200004,77427.622.73$13,016
Jan 200005,64625.272.48$14,005
Dec 1999285,33024.282.42$13,598
Nov 1999345,19723.192.43$13,438
Oct 199905,37220.982.80$15,062
Sep 199904,76621.752.62$12,481
Aug 199905,08619.262.88$14,625
Jul 1999285,15517.892.37$12,730
Jun 199954,55415.942.36$10,837
May 199905,58215.792.32$12,956
Apr 199955,72315.102.21$12,712
Mar 199906,05412.471.84$11,129
Feb 199906,4839.981.82$11,785
Jan 1999105,34710.381.90$10,263
Dec 1998161,1639.201.77$2,210
Nov 199804,76910.892.19$10,424
Oct 1998151,74112.421.97$3,615
Sep 1998133,65212.592.08$7,769
Aug 1998153,40911.301.91$6,672
Jul 199823,31211.742.24$7,433
Jun 1998134,79411.242.24$10,872
May 1998143,98512.622.21$8,969
Apr 199802,68613.042.51$6,729
Mar 1998143,84312.802.31$9,054
Feb 1998143,25313.952.30$7,674
Jan 1998183,01014.702.15$6,751
Dec 199706,76916.322.41$16,321
Nov 1997195,36318.193.09$16,908
Oct 199705,76919.253.15$18,171
Sep 199755,56217.742.95$16,524
Aug 199705,96317.862.55$15,234
Jul 1997154,70417.582.25$10,833
Jun 1997166,19417.242.26$14,257
May 1997126,28118.972.31$14,727
Apr 1997156,48517.882.08$13,775
Mar 1997106,00718.951.94$11,838
Feb 199796,78620.492.21$15,154
Jan 199786,96423.483.54$24,838
Dec 199607,96623.32$0
Nov 199672,01221.97$154
Oct 1996177,15523.31$396
Sep 1996155,87522.22$333
Aug 199627,04620.26$41
Jul 199646,87619.55$78
Jun 199636,38918.73$56
May 199628,31219.43$39
Apr 199675,85421.51$151
Mar 1996108,12219.38$194
Feb 1996227,54916.98$374
Jan 19961211,23217.07$205
Dec 1995210,39617.19$34
Nov 199528,77616.00$32
Oct 19951213,31515.43$185
Sep 1995314,45816.18$49
Aug 1995122,85415.92$191
Jul 199522,64215.24$30
Jun 199553,49216.41$82
May 199524,59417.56$35
Apr 199543,55817.73$71
Mar 199534,92716.44$49
Feb 199533,27616.58$50
Jan 199533,90715.92$48
Dec 199412,96215.03$15
Nov 199423,51815.90$32
Oct 199423,21415.58$31
Sep 199423,96215.29$31
Aug 199425,20216.13$32
Jul 199405,02017.56$0
Jun 199406,22117.09$0
May 199417,66715.88$16
Apr 199447,10814.14$57
Mar 199417,73312.46$12
Feb 199417,13812.50$13
Jan 199457,51212.66$63
Dec 199376,08712.33$86
Nov 1993167,76614.49$232
Oct 199307,23115.85$0
Sep 199308,20215.03$0
Aug 1993159,99315.66$235
Jul 1993279,95915.46$417
Jun 19931510,38116.79$252
May 19933411,83417.68$601
Apr 1993359,32418.05$632
Mar 19935510,59818.14$998
Feb 1993539,56917.90$949
Jan 19934410,96616.93$745

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.

Dec 2002 — as filed, then multipliedworked
Condensate            46 bbl  × $ 26.91 =     $1,238
Gas                    9 Mcf  × $  4.85 =        $44

────────────────────────────────────────────────────
Month total                                   $1,282

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. 04/G/124607 is the state's own key, not one this site invented.