HOFFMAN, R. GU "E"

Operated by COASTAL OIL & GAS CORPORATION (P-5 161639) in the BEN BOLT, W. (YEGUA, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 136905District 04Field 07008070CondensateGasSaveExport
Value, all time
$79 k
Jan 1993 – Nov 1998
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
71
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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered
1987-11-09
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.

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
CondensateDisposition2,182 bbl$37,042
GasProduction178,266 Mcf$42,354
Total$79,396

160,661 Mcf of this lease's gas, across 47 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 27.6163, -98.1695. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.61627, -98.16946 · 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
9,005 ft
1 wells filed one
Completion to plug
12 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 9,005 ft.

Completions filed
Jul 1998
1 of 1 wells
Plug dates filed
Jul 1999
1 of 1 wells

Last completion to plug: a median of 12 months across the 1 well that filed both dates, with the middle half between 12 months and 12 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2493216269,005 ftJul 1998Jul 1999Yes

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 (71)

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

71 months

Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998177011.301.91$2,000
Jul 19980011.742.24$0
Jun 1998069411.242.24$1,553
May 199801612.622.21$35
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 199808313.952.30$191
Jan 1998018014.702.15$388
Dec 19971864216.322.41$3,137
Nov 199704518.193.09$139
Oct 199702319.253.15$72
Sep 199713617.742.95$124
Aug 199701,14817.862.55$2,933
Jul 199701,77017.582.25$3,977
Jun 199721,71417.242.26$3,903
May 199702,03218.972.31$4,691
Apr 199702,36217.882.08$4,920
Mar 199702,51418.951.94$4,875
Feb 1997122,25220.492.21$5,214
Jan 19972762,69423.483.54$16,016
Dec 199603,20823.32$0
Nov 199603,18021.97$0
Oct 1996893,88723.31$2,075
Sep 199613,91022.22$22
Aug 199644,44120.26$81
Jul 199602,88519.55$0
Jun 199605,71518.73$0
May 199606,90819.43$0
Apr 199605,00321.51$0
Mar 1996361019.38$6,996
Feb 1996017716.98$0
Jan 199602,50817.07$0
Dec 199501,83417.19$0
Nov 199501,67916.00$0
Oct 199501,96015.43$0
Sep 199501,81216.18$0
Aug 199501,99815.92$0
Jul 199502,12815.24$0
Jun 199502,21216.41$0
May 199502,55917.56$0
Apr 199501,92317.73$0
Mar 199501,62516.44$0
Feb 199502,37116.58$0
Jan 199502,73115.92$0
Dec 199402,21015.03$0
Nov 199402,54915.90$0
Oct 19943582,80515.58$5,578
Sep 199402,89915.29$0
Aug 199403,06716.13$0
Jul 199403,13217.56$0
Jun 199403,29417.09$0
May 199403,46915.88$0
Apr 199403,89414.14$0
Mar 19943534,69112.46$4,398
Feb 199403,53512.50$0
Jan 199404,59412.66$0
Dec 199305,13112.33$0
Nov 199305,18914.49$0
Oct 199304,17815.85$0
Sep 199301,01815.03$0
Aug 199302,17715.66$0
Jul 199303,39715.46$0
Jun 19933623,88216.79$6,078
May 199304,77817.68$0
Apr 199305,26618.05$0
Mar 199305,92318.14$0
Feb 199305,92617.90$0
Jan 199307,00316.93$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.

Aug 1998 — as filed, then multipliedworked
Condensate           177 bbl  × $ 11.30 =     $2,000
Gas                    0 Mcf  × $  1.91 =         $0

────────────────────────────────────────────────────
Month total                                   $2,000

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/136905 is the state's own key, not one this site invented.