HEARD GAS UNIT 2

Name: HEARD GAS UNIT 2 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 (L SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139098District 04Field 890703002 tax incentive programmesCondensateGasSave Export

Value, all time

$3.1 M

Jan 1993 – Aug 2009

Value, last 12 filed months

$6 k

at the published price for each month

Months reported

200

no gaps in the span

Streams

condensate, gas

The TEXAN GARDENS (L SAND) 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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered

1990-03-01

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-01-01.

The Commission's schedule remark for this field reads: “ALLOC. FORM. SUSP. ADMIN. EFF 5-1-93.”

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
High Cost Gas	1	1	1992-09-29	125296
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	6,284 bbl	$134,966
Gas	Production	1,539,648 Mcf	$2,956,623
Total			$3,091,590

849,499 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 26.3055, -98.4286. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.30546, -98.42858 · 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

8,706 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 8,706 ft.

Completions filed

Aug 2013

1 of 1 wells

1 well


42-21532030	8	8,706 ft	Aug 2013	—	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 (200)

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

200 months


Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	2	0	66.16	3.90	$132
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	2	195	55.49	6.86	$1,449
Oct 2008	0	685	75.24	6.92	$4,742
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	2	114.22	8.48	$17
Jul 2008	3	1	131.08	11.39	$405
Jun 2008	0	3	131.33	13.03	$39
May 2008	0	6	123.17	11.57	$69
Apr 2008	0	1	110.31	10.45	$10
Mar 2008	2	3	101.90	9.66	$233
Feb 2008	0	6	92.53	8.77	$53
Jan 2008	0	11	90.38	8.21	$90
Dec 2007	0	189	88.33	7.30	$1,380
Nov 2007	1	452	91.67	7.29	$3,388
Oct 2007	0	948	82.85	6.92	$6,562
Sep 2007	0	1,312	75.84	6.24	$8,192
Aug 2007	0	1,759	69.06	6.39	$11,236
Jul 2007	0	2,334	70.90	6.39	$14,909
Jun 2007	0	2,456	62.00	7.55	$18,539
May 2007	0	2,982	58.74	7.85	$23,398
Apr 2007	0	2,934	59.61	7.81	$22,900
Mar 2007	0	869	56.92	7.30	$6,345
Feb 2007	0	1,497	55.10	8.22	$12,299
Jan 2007	0	1,811	50.30	6.73	$12,182
Dec 2006	0	2,528	56.65	6.92	$17,490
Nov 2006	0	2,758	54.20	7.62	$21,009
Oct 2006	0	3,334	54.90	6.01	$20,050
Sep 2006	86	3,431	60.08	5.04	$22,450
Aug 2006	0	3,877	68.71	7.34	$28,457
Jul 2006	114	3,862	69.37	6.34	$32,404
Jun 2006	0	3,712	66.28	6.38	$23,697
May 2006	0	3,955	66.01	6.42	$25,411
Apr 2006	0	3,484	64.39	7.36	$25,644
Mar 2006	0	3,766	56.70	7.08	$26,674
Feb 2006	0	3,446	57.59	7.75	$26,710
Jan 2006	141	4,101	60.59	8.93	$45,179
Dec 2005	0	4,163	54.94	13.42	$55,848
Nov 2005	0	3,870	54.69	10.59	$40,977
Oct 2005	113	4,350	58.34	13.80	$66,604
Sep 2005	0	5,044	61.45	12.08	$60,926
Aug 2005	0	4,017	61.51	9.80	$39,354
Jul 2005	0	3,884	55.69	7.84	$30,465
Jun 2005	69	4,465	52.33	7.38	$36,567
May 2005	0	4,444	45.22	6.65	$29,558
Apr 2005	0	4,391	49.20	7.36	$32,320
Mar 2005	0	4,258	50.37	7.15	$30,465
Feb 2005	0	2,897	45.22	6.31	$18,286
Jan 2005	0	3,268	43.16	6.32	$20,661
Dec 2004	0	3,893	39.86	6.75	$26,282
Nov 2004	0	1,924	45.28	6.33	$12,180
Oct 2004	0	3,700	49.70	6.52	$24,106
Sep 2004	0	2,893	43.24	5.28	$15,286
Aug 2004	0	3,070	42.37	5.55	$17,041
Jul 2004	0	2,937	38.28	6.08	$17,869
Jun 2004	0	2,435	36.10	6.43	$15,664
May 2004	0	3,481	37.48	6.49	$22,608
Apr 2004	0	4,125	34.47	5.86	$24,166
Mar 2004	0	4,142	34.36	5.53	$22,906
Feb 2004	0	3,334	32.45	5.51	$18,369
Jan 2004	0	3,248	32.03	6.30	$20,461
Dec 2003	0	3,710	30.26	6.30	$23,379
Nov 2003	0	5,027	28.80	4.60	$23,100
Oct 2003	0	5,901	28.17	4.76	$28,087
Sep 2003	0	4,754	26.31	4.75	$22,578
Aug 2003	0	4,959	29.76	5.13	$25,438
Jul 2003	17	4,935	29.41	5.17	$26,018
Jun 2003	10	4,216	28.56	5.98	$25,510
May 2003	37	4,819	26.59	5.97	$29,766
Apr 2003	14	5,520	26.67	5.41	$30,222
Mar 2003	161	6,671	31.14	6.10	$45,680
Feb 2003	101	5,729	33.48	7.93	$48,789
Jan 2003	86	4,966	30.31	5.58	$30,327
Dec 2002	8	2,461	26.91	4.85	$12,160
Nov 2002	15	5,768	24.66	4.14	$24,232
Oct 2002	13	3,826	26.46	4.23	$16,525
Sep 2002	0	5,929	27.44	3.64	$21,553
Aug 2002	0	4,758	25.96	3.16	$15,055
Jul 2002	37	4,643	24.58	3.06	$15,125
Jun 2002	17	1,666	23.73	3.34	$5,965
May 2002	1	4,112	24.66	3.58	$14,762
Apr 2002	0	5,100	23.65	3.51	$17,913
Mar 2002	0	3,064	22.00	3.10	$9,507
Feb 2002	0	2,319	18.22	2.38	$5,509
Jan 2002	0	4,039	17.17	2.38	$9,595
Dec 2001	0	3,753	16.93	2.36	$8,874
Nov 2001	0	3,955	18.07	2.41	$9,514
Oct 2001	0	2,505	19.78	2.53	$6,335
Sep 2001	0	4,312	24.26	2.25	$9,708
Aug 2001	0	4,553	24.87	3.05	$13,901
Jul 2001	0	4,675	23.93	3.20	$14,946
Jun 2001	0	3,710	24.56	3.82	$14,188
May 2001	0	4,269	25.52	4.31	$18,388
Apr 2001	0	4,526	24.68	5.34	$24,148
Mar 2001	0	5,279	24.54	5.38	$28,382
Feb 2001	0	4,533	27.75	5.77	$26,142
Jan 2001	0	6,960	27.47	8.40	$58,455
Dec 2000	1	7,141	26.88	9.12	$65,171
Nov 2000	0	7,117	32.21	5.66	$40,268
Oct 2000	0	6,474	31.23	5.15	$33,312
Sep 2000	0	7,465	31.87	5.19	$38,717
Aug 2000	0	12,273	29.64	4.54	$55,729
Jul 2000	0	7,048	28.53	4.09	$28,825
Jun 2000	0	8,777	29.30	4.40	$38,595
May 2000	0	9,047	27.26	3.68	$33,291
Apr 2000	0	4,309	24.51	3.12	$13,427
Mar 2000	37	3,736	28.42	2.86	$11,736
Feb 2000	0	3,731	27.62	2.73	$10,173
Jan 2000	0	5,279	25.27	2.48	$13,095
Dec 1999	33	6,612	24.28	2.42	$16,827
Nov 1999	42	4,184	23.19	2.43	$11,158
Oct 1999	0	4,723	20.98	2.80	$13,242
Sep 1999	0	4,974	21.75	2.62	$13,026
Aug 1999	0	7,188	19.26	2.88	$20,670
Jul 1999	50	8,081	17.89	2.37	$20,066
Jun 1999	0	8,503	15.94	2.36	$20,085
May 1999	0	6,410	15.79	2.32	$14,878
Apr 1999	51	4,802	15.10	2.21	$11,373
Mar 1999	0	5,424	12.47	1.84	$9,971
Feb 1999	0	5,948	9.98	1.82	$10,812
Jan 1999	31	6,407	10.38	1.90	$12,495
Dec 1998	13	7,086	9.20	1.77	$12,685
Nov 1998	0	5,495	10.89	2.19	$12,011
Oct 1998	17	7,069	12.42	1.97	$14,131
Sep 1998	0	6,442	12.59	2.08	$13,416
Aug 1998	32	5,969	11.30	1.91	$11,747
Jul 1998	0	7,445	11.74	2.24	$16,656
Jun 1998	33	8,881	11.24	2.24	$20,240
May 1998	34	11,787	12.62	2.21	$26,435
Apr 1998	0	12,470	13.04	2.51	$31,241
Mar 1998	36	11,173	12.80	2.31	$26,264
Feb 1998	40	12,661	13.95	2.30	$29,667
Jan 1998	44	10,001	14.70	2.15	$22,197
Dec 1997	0	8,373	16.32	2.41	$20,188
Nov 1997	56	9,126	18.19	3.09	$29,202
Oct 1997	0	14,308	19.25	3.15	$45,068
Sep 1997	85	15,403	17.74	2.95	$47,022
Aug 1997	0	8,983	17.86	2.55	$22,949
Jul 1997	73	10,052	17.58	2.25	$23,870
Jun 1997	66	7,894	17.24	2.26	$18,956
May 1997	59	8,555	18.97	2.31	$20,868
Apr 1997	48	11,138	17.88	2.08	$24,056
Mar 1997	43	5,798	18.95	1.94	$12,058
Feb 1997	41	11,077	20.49	2.21	$25,275
Jan 1997	22	4,445	23.48	3.54	$16,251
Dec 1996	0	11,188	23.32	—	$0
Nov 1996	26	13,693	21.97	—	$571
Oct 1996	29	11,988	23.31	—	$676
Sep 1996	35	16,029	22.22	—	$778
Aug 1996	56	6,559	20.26	—	$1,135
Jul 1996	61	8,840	19.55	—	$1,193
Jun 1996	61	13,186	18.73	—	$1,143
May 1996	61	12,462	19.43	—	$1,185
Apr 1996	102	8,792	21.51	—	$2,194
Mar 1996	53	9,167	19.38	—	$1,027
Feb 1996	121	12,133	16.98	—	$2,055
Jan 1996	86	15,225	17.07	—	$1,468
Dec 1995	36	10,285	17.19	—	$619
Nov 1995	39	12,505	16.00	—	$624
Oct 1995	106	15,746	15.43	—	$1,636
Sep 1995	33	13,480	16.18	—	$534
Aug 1995	40	12,032	15.92	—	$637
Jul 1995	3	13,284	15.24	—	$46
Jun 1995	7	18,966	16.41	—	$115
May 1995	4	7,988	17.56	—	$70
Apr 1995	14	9,098	17.73	—	$248
Mar 1995	29	13,504	16.44	—	$477
Feb 1995	34	14,890	16.58	—	$564
Jan 1995	65	15,693	15.92	—	$1,035
Dec 1994	27	9,185	15.03	—	$406
Nov 1994	93	19,162	15.90	—	$1,479
Oct 1994	92	18,400	15.58	—	$1,433
Sep 1994	122	19,697	15.29	—	$1,865
Aug 1994	84	21,477	16.13	—	$1,355
Jul 1994	104	13,082	17.56	—	$1,826
Jun 1994	78	10,891	17.09	—	$1,333
May 1994	103	12,377	15.88	—	$1,636
Apr 1994	110	10,217	14.14	—	$1,555
Mar 1994	110	19,192	12.46	—	$1,371
Feb 1994	112	21,834	12.50	—	$1,400
Jan 1994	165	23,725	12.66	—	$2,089
Dec 1993	168	25,752	12.33	—	$2,071
Nov 1993	113	27,793	14.49	—	$1,637
Oct 1993	168	25,872	15.85	—	$2,663
Sep 1993	116	12,418	15.03	—	$1,743
Aug 1993	133	18,661	15.66	—	$2,083
Jul 1993	92	26,691	15.46	—	$1,422
Jun 1993	67	20,813	16.79	—	$1,125
May 1993	171	30,475	17.68	—	$3,023
Apr 1993	131	28,518	18.05	—	$2,365
Mar 1993	206	40,335	18.14	—	$3,737
Feb 1993	233	44,855	17.90	—	$4,171
Jan 1993	348	51,344	16.93	—	$5,892

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 2009 — as filed, then multipliedworked

Condensate             2 bbl  × $ 66.16 =       $132
Gas                    0 Mcf  × $  3.90 =         $0

────────────────────────────────────────────────────
Month total                                     $132

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/139098 is the state's own key, not one this site invented.