HOFFMAN, R. GU

Operated by DEVON LOUISIANA CORPORATION (P-5 216731) in the BEN BOLT, W. (YEGUA, MIDDLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 125289District 04Field 07008075NGPA filingCondensateGasSaveExport
Value, all time
$1.9 M
Jan 1993 – Jul 2004
Value, last 12 filed months
$113 k
at the published price for each month
Months reported
139
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1987-08-29
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: ALLOCATION FORMULA EFFECTIVE 12/01/88.

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
CondensateDisposition24,923 bbl$465,817
GasProduction796,767 Mcf$1,454,774
Total$1,920,592

386,242 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 27.6318, -98.1600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63182, -98.16002 · 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
9,500 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 9,500 ft.

Completions filed
Jul 2004
1 of 1 wells

1 well

42-2493202719,500 ftJul 2004Yes

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 (139)

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

139 months

Jul 200462038.286.08$2,373
Jun 2004071436.106.43$4,593
May 200415677337.486.49$10,867
Apr 2004076934.475.86$4,505
Mar 2004351,12534.365.53$7,424
Feb 20042731,37832.455.51$16,451
Jan 200401,31532.036.30$8,284
Dec 200301,32930.266.30$8,375
Nov 20031801,53828.804.60$12,251
Oct 20032272,06828.174.76$16,238
Sep 2003691,98026.314.75$11,219
Aug 200302,09029.765.13$10,721
Jul 200302,11829.415.17$10,952
Jun 20031762,97528.565.98$22,826
May 200303,85926.595.97$23,049
Apr 20031903,57626.675.41$24,404
Mar 200303,08631.146.10$18,812
Feb 20031742,87333.487.93$28,597
Jan 20031794,44530.315.58$30,238
Dec 200204,25526.914.85$20,653
Nov 20021813,71024.664.14$19,812
Oct 200203,56426.464.23$15,073
Sep 20021862,59127.443.64$14,523
Aug 200202,32925.963.16$7,369
Jul 200202,71724.583.06$8,319
Jun 20021823,88523.733.34$17,288
May 200204,75724.663.58$17,049
Apr 20021745,30723.653.51$22,755
Mar 20021855,51822.003.10$21,191
Feb 200202,79118.222.38$6,631
Jan 20021681,07317.172.38$5,434
Dec 200101,14416.932.36$2,705
Nov 200109118.072.41$219
Oct 20010019.782.53$0
Sep 200101,28824.262.25$2,900
Aug 200104,66324.873.05$14,237
Jul 2001446,41023.933.20$21,546
Jun 20011726,09124.563.82$27,517
May 200106,50225.524.31$28,006
Apr 2001011,99124.685.34$63,976
Mar 20011786,36024.545.38$38,562
Feb 200106,47727.755.77$37,353
Jan 200107,23127.478.40$60,731
Dec 20001795,82226.889.12$57,923
Nov 200006,96832.215.66$39,425
Oct 2000535,98531.235.15$32,451
Sep 20001814,83231.875.19$30,830
Aug 200007,36329.644.54$33,434
Jul 200007,11428.534.09$29,094
Jun 2000156,01529.304.40$26,889
May 20003547,19427.263.68$36,122
Apr 200007,05524.513.12$21,983
Mar 200007,29728.422.86$20,868
Feb 20003616,11527.622.73$26,643
Jan 200006,54425.272.48$16,232
Dec 19993607,55524.282.42$27,052
Nov 199907,21223.192.43$17,554
Oct 199906,74020.982.80$18,897
Sep 19993596,73521.752.62$25,446
Aug 199906,73519.262.88$19,367
Jul 199906,31517.892.37$14,982
Jun 19993656,75315.942.36$21,769
May 1999306,15015.792.32$14,748
Apr 19993554,47515.102.21$15,242
Mar 199906,00412.471.84$11,037
Feb 19993585,9509.981.82$14,389
Jan 199906,14610.381.90$11,677
Dec 199806,3359.201.77$11,234
Nov 19983585,75410.892.19$16,475
Oct 199807,21112.421.97$14,200
Sep 19983737,91012.592.08$21,170
Aug 199803,58211.301.91$6,832
Jul 199802011.742.24$45
Jun 19980011.242.24$0
May 19983385,58512.622.21$16,588
Apr 1998013913.042.51$348
Mar 1998022012.802.31$508
Feb 199874,20613.952.30$9,768
Jan 19983675,09214.702.15$16,367
Dec 19973645,93116.322.41$20,241
Nov 199706,19018.193.09$19,116
Oct 19973486,75319.253.15$27,970
Sep 1997106,10317.742.95$18,211
Aug 199705,09517.862.55$13,016
Jul 19973525,79417.582.25$19,207
Jun 1997276,26417.242.26$14,605
May 19973566,09518.972.31$20,824
Apr 199706,16317.882.08$12,836
Mar 19973615,96218.951.94$18,402
Feb 199704,93820.492.21$10,893
Jan 19973655,35323.483.54$27,518
Dec 19963665,09923.32$8,535
Nov 19963565,80621.97$7,821
Oct 199606,25323.31$0
Sep 19963647,12322.22$8,088
Aug 1996577,90420.26$1,155
Jul 19963517,21919.55$6,862
Jun 19963546,46518.73$6,630
May 19963557,18719.43$6,898
Apr 19963627,50821.51$7,787
Mar 19963558,28119.38$6,880
Feb 19967167,35816.98$12,158
Jan 19963617,17217.07$6,162
Dec 19953657,20317.19$6,274
Nov 19953637,97916.00$5,808
Oct 19953588,64015.43$5,524
Sep 19953588,89416.18$5,792
Aug 199504,74115.92$0
Jul 19953567,35815.24$5,425
Jun 199507,18016.41$0
May 19953567,50517.56$6,251
Apr 19953607,83517.73$6,383
Mar 19957198,88316.44$11,820
Feb 19953658,11416.58$6,052
Jan 199536113,37115.92$5,747
Dec 19943618,33715.03$5,426
Nov 19943587,92315.90$5,692
Oct 19943638,60315.58$5,656
Sep 199407,27715.29$0
Aug 19943528,87816.13$5,678
Jul 199408,20017.56$0
Jun 19943567,22917.09$6,084
May 199408,95315.88$0
Apr 19943559,94014.14$5,020
Mar 199436411,18312.46$4,535
Feb 19943606,85012.50$4,500
Jan 19943647,90812.66$4,608
Dec 19937198,24212.33$8,865
Nov 19933617,86114.49$5,231
Oct 199308,16615.85$0
Sep 19933558,28515.03$5,336
Aug 19933518,60515.66$5,497
Jul 199308,61815.46$0
Jun 19933588,45716.79$6,011
May 19933608,83117.68$6,365
Apr 19933598,81918.05$6,480
Mar 19933598,95018.14$6,512
Feb 19933608,79917.90$6,444
Jan 199336310,25016.93$6,146

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 2004 — as filed, then multipliedworked
Condensate            62 bbl  × $ 38.28 =     $2,373
Gas                    0 Mcf  × $  6.08 =         $0

────────────────────────────────────────────────────
Month total                                   $2,373

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/125289 is the state's own key, not one this site invented.