HEARD GAS UNIT

Name: HEARD GAS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KERR-MCGEE OIL & GAS ONSHORE LP (P-5 457807) 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 129407District 04Field 89070369NGPA filingCondensateGasSave Export

Value, all time

$3.2 M

Jan 1993 – Apr 2008

Value, last 12 filed months

$170 k

at the published price for each month

Months reported

184

no gaps in the span

Streams

condensate, gas

The TEXAN GARDENS (S, WEST) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,934 bbl	$40,730
Gas	Production	1,221,087 Mcf	$3,174,340
Total			$3,215,070

541,375 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 26.3057, -98.4205. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.30572, -98.42047 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

10,185 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 10,185 ft.

Completions filed

Jul 2009

1 of 1 wells

1 well


42-21531834	2	10,185 ft	Jul 2009	—	Yes

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 (184)

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

184 months


Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	5	3,912	69.06	6.39	$25,335
Jul 2007	0	6,578	70.90	6.39	$42,020
Jun 2007	18	6,497	62.00	7.55	$50,158
May 2007	0	6,645	58.74	7.85	$52,139
Apr 2007	0	4,234	59.61	7.81	$33,047
Mar 2007	0	4,578	56.92	7.30	$33,428
Feb 2007	0	4,213	55.10	8.22	$34,614
Jan 2007	0	4,173	50.30	6.73	$28,071
Dec 2006	0	3,169	56.65	6.92	$21,925
Nov 2006	0	3,904	54.20	7.62	$29,739
Oct 2006	0	4,408	54.90	6.01	$26,509
Sep 2006	1	4,269	60.08	5.04	$21,564
Aug 2006	0	4,546	68.71	7.34	$33,367
Jul 2006	3	4,556	69.37	6.34	$29,106
Jun 2006	0	4,769	66.28	6.38	$30,445
May 2006	0	4,707	66.01	6.42	$30,242
Apr 2006	0	4,391	64.39	7.36	$32,320
Mar 2006	0	3,886	56.70	7.08	$27,524
Feb 2006	0	3,234	57.59	7.75	$25,067
Jan 2006	4	5,086	60.59	8.93	$45,677
Dec 2005	0	4,019	54.94	13.42	$53,916
Nov 2005	0	3,371	54.69	10.59	$35,694
Oct 2005	24	3,727	58.34	13.80	$52,817
Sep 2005	0	5,319	61.45	12.08	$64,248
Aug 2005	0	5,442	61.51	9.80	$53,314
Jul 2005	0	4,465	55.69	7.84	$35,022
Jun 2005	1	5,031	52.33	7.38	$37,186
May 2005	0	4,566	45.22	6.65	$30,369
Apr 2005	0	4,189	49.20	7.36	$30,833
Mar 2005	0	2,962	50.37	7.15	$21,193
Feb 2005	0	1,056	45.22	6.31	$6,665
Jan 2005	0	3,581	43.16	6.32	$22,640
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	4,094	45.28	6.33	$25,917
Oct 2004	0	4,642	49.70	6.52	$30,243
Sep 2004	0	3,897	43.24	5.28	$20,591
Aug 2004	0	6,552	42.37	5.55	$36,368
Jul 2004	0	1,503	38.28	6.08	$9,145
Jun 2004	0	2,495	36.10	6.43	$16,050
May 2004	0	6,619	37.48	6.49	$42,988
Apr 2004	0	5,857	34.47	5.86	$34,313
Mar 2004	0	4,775	34.36	5.53	$26,406
Feb 2004	0	3,060	32.45	5.51	$16,859
Jan 2004	0	4,405	32.03	6.30	$27,750
Dec 2003	0	2,963	30.26	6.30	$18,672
Nov 2003	0	4,541	28.80	4.60	$20,867
Oct 2003	0	4,534	28.17	4.76	$21,580
Sep 2003	0	4,329	26.31	4.75	$20,560
Aug 2003	0	3,212	29.76	5.13	$16,477
Jul 2003	15	5,108	29.41	5.17	$26,854
Jun 2003	12	3,032	28.56	5.98	$18,483
May 2003	37	2,628	26.59	5.97	$16,680
Apr 2003	13	1,768	26.67	5.41	$9,907
Mar 2003	147	2,419	31.14	6.10	$19,324
Feb 2003	92	2,181	33.48	7.93	$20,367
Jan 2003	79	4,769	30.31	5.58	$29,015
Dec 2002	12	3,810	26.91	4.85	$18,816
Nov 2002	17	6,903	24.66	4.14	$28,977
Oct 2002	26	2,408	26.46	4.23	$10,872
Sep 2002	0	11,610	27.44	3.64	$42,205
Aug 2002	0	4,317	25.96	3.16	$13,660
Jul 2002	35	5,173	24.58	3.06	$16,699
Jun 2002	11	2,341	23.73	3.34	$8,076
May 2002	1	3,255	24.66	3.58	$11,691
Apr 2002	0	5,545	23.65	3.51	$19,476
Mar 2002	0	5,076	22.00	3.10	$15,749
Feb 2002	0	4,871	18.22	2.38	$11,572
Jan 2002	0	7,743	17.17	2.38	$18,395
Dec 2001	0	8,993	16.93	2.36	$21,263
Nov 2001	0	8,199	18.07	2.41	$19,723
Oct 2001	0	5,635	19.78	2.53	$14,250
Sep 2001	0	10,343	24.26	2.25	$23,285
Aug 2001	0	10,982	24.87	3.05	$33,530
Jul 2001	0	11,916	23.93	3.20	$38,096
Jun 2001	0	9,957	24.56	3.82	$38,077
May 2001	0	6,966	25.52	4.31	$30,005
Apr 2001	0	10,082	24.68	5.34	$53,791
Mar 2001	0	16,041	24.54	5.38	$86,243
Feb 2001	0	14,548	27.75	5.77	$83,899
Jan 2001	0	10,440	27.47	8.40	$87,683
Dec 2000	0	8,447	26.88	9.12	$77,058
Nov 2000	0	7,471	32.21	5.66	$42,271
Oct 2000	0	9,679	31.23	5.15	$49,803
Sep 2000	0	7,933	31.87	5.19	$41,145
Aug 2000	0	7,622	29.64	4.54	$34,610
Jul 2000	0	7,905	28.53	4.09	$32,329
Jun 2000	0	9,329	29.30	4.40	$41,022
May 2000	0	11,604	27.26	3.68	$42,700
Apr 2000	0	5,983	24.51	3.12	$18,643
Mar 2000	9	3,813	28.42	2.86	$11,160
Feb 2000	0	3,813	27.62	2.73	$10,396
Jan 2000	0	3,976	25.27	2.48	$9,862
Dec 1999	10	3,969	24.28	2.42	$9,863
Nov 1999	13	3,166	23.19	2.43	$8,007
Oct 1999	0	4,213	20.98	2.80	$11,812
Sep 1999	0	4,696	21.75	2.62	$12,298
Aug 1999	0	4,384	19.26	2.88	$12,607
Jul 1999	14	2,461	17.89	2.37	$6,089
Jun 1999	0	4,800	15.94	2.36	$11,338
May 1999	0	4,621	15.79	2.32	$10,725
Apr 1999	16	5,109	15.10	2.21	$11,523
Mar 1999	0	5,916	12.47	1.84	$10,876
Feb 1999	0	4,440	9.98	1.82	$8,071
Jan 1999	15	4,247	10.38	1.90	$8,225
Dec 1998	22	4,748	9.20	1.77	$8,622
Nov 1998	0	2,364	10.89	2.19	$5,167
Oct 1998	25	5,406	12.42	1.97	$10,956
Sep 1998	0	3,344	12.59	2.08	$6,964
Aug 1998	23	4,204	11.30	1.91	$8,278
Jul 1998	0	4,025	11.74	2.24	$9,005
Jun 1998	16	3,827	11.24	2.24	$8,742
May 1998	16	5,016	12.62	2.21	$11,269
Apr 1998	0	5,235	13.04	2.51	$13,115
Mar 1998	17	4,470	12.80	2.31	$10,541
Feb 1998	24	2,834	13.95	2.30	$6,851
Jan 1998	35	4,198	14.70	2.15	$9,560
Dec 1997	0	6,249	16.32	2.41	$15,067
Nov 1997	38	6,731	18.19	3.09	$21,478
Oct 1997	0	5,626	19.25	3.15	$17,721
Sep 1997	30	4,431	17.74	2.95	$13,625
Aug 1997	0	6,813	17.86	2.55	$17,405
Jul 1997	17	5,697	17.58	2.25	$13,100
Jun 1997	18	6,957	17.24	2.26	$16,014
May 1997	15	6,281	18.97	2.31	$14,784
Apr 1997	13	7,116	17.88	2.08	$15,054
Mar 1997	12	8,491	18.95	1.94	$16,693
Feb 1997	9	5,130	20.49	2.21	$11,501
Jan 1997	6	4,902	23.48	3.54	$17,492
Dec 1996	0	7,709	23.32	—	$0
Nov 1996	5	5,084	21.97	—	$110
Oct 1996	4	7,794	23.31	—	$93
Sep 1996	6	8,400	22.22	—	$133
Aug 1996	13	9,733	20.26	—	$263
Jul 1996	7	8,353	19.55	—	$137
Jun 1996	2	9,835	18.73	—	$37
May 1996	3	9,655	19.43	—	$58
Apr 1996	11	15,061	21.51	—	$237
Mar 1996	9	13,685	19.38	—	$174
Feb 1996	21	6,987	16.98	—	$357
Jan 1996	18	5,032	17.07	—	$307
Dec 1995	11	6,313	17.19	—	$189
Nov 1995	17	6,797	16.00	—	$272
Oct 1995	54	15,059	15.43	—	$833
Sep 1995	14	6,338	16.18	—	$227
Aug 1995	17	10,164	15.92	—	$271
Jul 1995	2	10,143	15.24	—	$30
Jun 1995	9	8,321	16.41	—	$148
May 1995	8	9,968	17.56	—	$140
Apr 1995	32	11,970	17.73	—	$567
Mar 1995	23	11,217	16.44	—	$378
Feb 1995	21	7,002	16.58	—	$348
Jan 1995	35	7,834	15.92	—	$557
Dec 1994	11	10,493	15.03	—	$165
Nov 1994	20	11,058	15.90	—	$318
Oct 1994	19	10,838	15.58	—	$296
Sep 1994	24	9,519	15.29	—	$367
Aug 1994	20	9,856	16.13	—	$323
Jul 1994	31	12,821	17.56	—	$544
Jun 1994	21	12,576	17.09	—	$359
May 1994	22	12,839	15.88	—	$349
Apr 1994	16	10,186	14.14	—	$226
Mar 1994	16	13,576	12.46	—	$199
Feb 1994	16	12,442	12.50	—	$200
Jan 1994	25	15,085	12.66	—	$317
Dec 1993	24	14,019	12.33	—	$296
Nov 1993	17	13,819	14.49	—	$246
Oct 1993	26	12,903	15.85	—	$412
Sep 1993	17	13,332	15.03	—	$256
Aug 1993	18	15,284	15.66	—	$282
Jul 1993	16	15,219	15.46	—	$247
Jun 1993	29	14,437	16.79	—	$487
May 1993	48	16,593	17.68	—	$849
Apr 1993	38	16,010	18.05	—	$686
Mar 1993	60	16,161	18.14	—	$1,088
Feb 1993	55	15,053	17.90	—	$985
Jan 1993	37	18,802	16.93	—	$626

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.

Aug 2007 — as filed, then multipliedworked

Condensate             5 bbl  × $ 69.06 =       $345
Gas                3,912 Mcf  × $  6.39 =    $24,990

────────────────────────────────────────────────────
Month total                                  $25,335

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/129407 is the state's own key, not one this site invented.