HEARD GAS UNIT NO. 2

Name: HEARD GAS UNIT NO. 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 139313District 04Field 890703002 tax incentive programmesCondensateGasSave Export

Value, all time

$2.2 M

Jan 1993 – May 2006

Value, last 12 filed months

$396 k

at the published price for each month

Months reported

161

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	1992-09-25	125295
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	6,421 bbl	$110,576
Gas	Production	1,890,434 Mcf	$2,045,915
Total			$2,156,491

1,366,598 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 26.3084, -98.4200. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.30836, -98.42001 · 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

8,650 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 8,650 ft.

Completions filed

May 2006

1 of 1 wells

1 well


42-21532036	7	8,650 ft	May 2006	—	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 (161)

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

161 months


May 2006	0	74	66.01	6.42	$475
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	1,794	56.70	7.08	$12,707
Feb 2006	0	3,193	57.59	7.75	$24,749
Jan 2006	0	4,589	60.59	8.93	$40,995
Dec 2005	0	4,472	54.94	13.42	$59,994
Nov 2005	0	4,356	54.69	10.59	$46,123
Oct 2005	1	4,623	58.34	13.80	$63,836
Sep 2005	0	3,144	61.45	12.08	$37,976
Aug 2005	0	3,755	61.51	9.80	$36,787
Jul 2005	0	4,425	55.69	7.84	$34,708
Jun 2005	26	4,874	52.33	7.38	$37,336
May 2005	0	4,672	45.22	6.65	$31,074
Apr 2005	0	4,884	49.20	7.36	$35,949
Mar 2005	0	2,528	50.37	7.15	$18,088
Feb 2005	0	590	45.22	6.31	$3,724
Jan 2005	0	859	43.16	6.32	$5,431
Dec 2004	0	605	39.86	6.75	$4,084
Nov 2004	0	485	45.28	6.33	$3,070
Oct 2004	0	1,915	49.70	6.52	$12,476
Sep 2004	0	2,203	43.24	5.28	$11,640
Aug 2004	0	1,856	42.37	5.55	$10,302
Jul 2004	0	1,356	38.28	6.08	$8,250
Jun 2004	0	946	36.10	6.43	$6,086
May 2004	0	2,784	37.48	6.49	$18,081
Apr 2004	0	2,992	34.47	5.86	$17,529
Mar 2004	0	3,534	34.36	5.53	$19,544
Feb 2004	0	3,191	32.45	5.51	$17,581
Jan 2004	0	4,394	32.03	6.30	$27,681
Dec 2003	0	4,030	30.26	6.30	$25,396
Nov 2003	0	5,665	28.80	4.60	$26,032
Oct 2003	0	6,458	28.17	4.76	$30,738
Sep 2003	0	5,459	26.31	4.75	$25,927
Aug 2003	0	4,263	29.76	5.13	$21,868
Jul 2003	10	2,067	29.41	5.17	$10,982
Jun 2003	9	4,813	28.56	5.98	$29,053
May 2003	38	5,543	26.59	5.97	$34,117
Apr 2003	4	4,067	26.67	5.41	$22,098
Mar 2003	46	3,235	31.14	6.10	$21,153
Feb 2003	31	2,744	33.48	7.93	$22,786
Jan 2003	33	3,157	30.31	5.58	$18,623
Dec 2002	5	1,730	26.91	4.85	$8,532
Nov 2002	20	5,884	24.66	4.14	$24,835
Oct 2002	40	1,470	26.46	4.23	$7,275
Sep 2002	0	1,739	27.44	3.64	$6,322
Aug 2002	0	4,431	25.96	3.16	$14,020
Jul 2002	11	1,422	24.58	3.06	$4,624
Jun 2002	34	3,218	23.73	3.34	$11,549
May 2002	2	6,181	24.66	3.58	$22,202
Apr 2002	0	4,560	23.65	3.51	$16,016
Mar 2002	0	2,628	22.00	3.10	$8,154
Feb 2002	0	3,471	18.22	2.38	$8,246
Jan 2002	0	3,645	17.17	2.38	$8,659
Dec 2001	0	4,904	16.93	2.36	$11,595
Nov 2001	0	4,218	18.07	2.41	$10,146
Oct 2001	1	4,903	19.78	2.53	$12,419
Sep 2001	0	5,115	24.26	2.25	$11,516
Aug 2001	0	5,028	24.87	3.05	$15,351
Jul 2001	0	5,940	23.93	3.20	$18,991
Jun 2001	0	4,907	24.56	3.82	$18,765
May 2001	0	7,906	25.52	4.31	$34,054
Apr 2001	0	11,597	24.68	5.34	$61,874
Mar 2001	0	3,129	24.54	5.38	$16,823
Feb 2001	0	2,865	27.75	5.77	$16,523
Jan 2001	0	4,016	27.47	8.40	$33,729
Dec 2000	2	1,754	26.88	9.12	$16,055
Nov 2000	0	1,070	32.21	5.66	$6,054
Oct 2000	0	3,532	31.23	5.15	$18,174
Sep 2000	1	541	31.87	5.19	$2,838
Aug 2000	0	1,512	29.64	4.54	$6,866
Jul 2000	0	9,437	28.53	4.09	$38,595
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	2,224	27.26	3.68	$8,184
Apr 2000	0	1,194	24.51	3.12	$3,721
Mar 2000	76	3,981	28.42	2.86	$13,545
Feb 2000	0	3,030	27.62	2.73	$8,261
Jan 2000	0	2,450	25.27	2.48	$6,077
Dec 1999	63	2,502	24.28	2.42	$7,594
Nov 1999	78	4,145	23.19	2.43	$11,898
Oct 1999	0	2,613	20.98	2.80	$7,326
Sep 1999	0	4,001	21.75	2.62	$10,478
Aug 1999	0	3,642	19.26	2.88	$10,473
Jul 1999	76	2,373	17.89	2.37	$6,989
Jun 1999	0	1,239	15.94	2.36	$2,927
May 1999	0	2,593	15.79	2.32	$6,018
Apr 1999	88	4,989	15.10	2.21	$12,345
Mar 1999	0	7,586	12.47	1.84	$13,946
Feb 1999	0	3,482	9.98	1.82	$6,330
Jan 1999	55	6,253	10.38	1.90	$12,451
Dec 1998	23	5,281	9.20	1.77	$9,577
Nov 1998	0	5,570	10.89	2.19	$12,174
Oct 1998	25	8,069	12.42	1.97	$16,200
Sep 1998	0	8,586	12.59	2.08	$17,881
Aug 1998	32	7,869	11.30	1.91	$15,371
Jul 1998	0	8,756	11.74	2.24	$19,590
Jun 1998	55	9,334	11.24	2.24	$21,501
May 1998	56	10,821	12.62	2.21	$24,582
Apr 1998	0	8,479	13.04	2.51	$21,243
Mar 1998	53	9,369	12.80	2.31	$22,316
Feb 1998	47	8,176	13.95	2.30	$19,453
Jan 1998	36	9,803	14.70	2.15	$21,653
Dec 1997	0	7,408	16.32	2.41	$17,861
Nov 1997	16	6,777	18.19	3.09	$21,220
Oct 1997	0	5,745	19.25	3.15	$18,096
Sep 1997	14	7,742	17.74	2.95	$23,125
Aug 1997	0	11,871	17.86	2.55	$30,327
Jul 1997	19	8,946	17.58	2.25	$20,435
Jun 1997	19	11,779	17.24	2.26	$26,915
May 1997	18	10,878	18.97	2.31	$25,453
Apr 1997	14	12,473	17.88	2.08	$26,229
Mar 1997	13	12,984	18.95	1.94	$25,424
Feb 1997	12	11,664	20.49	2.21	$25,976
Jan 1997	9	3,812	23.48	3.54	$13,705
Dec 1996	0	3,530	23.32	—	$0
Nov 1996	11	5,449	21.97	—	$242
Oct 1996	11	6,011	23.31	—	$256
Sep 1996	12	8,161	22.22	—	$267
Aug 1996	11	13,121	20.26	—	$223
Jul 1996	12	12,083	19.55	—	$235
Jun 1996	14	15,230	18.73	—	$262
May 1996	13	8,310	19.43	—	$253
Apr 1996	30	12,945	21.51	—	$645
Mar 1996	17	14,007	19.38	—	$329
Feb 1996	57	13,862	16.98	—	$968
Jan 1996	35	6,565	17.07	—	$597
Dec 1995	17	14,724	17.19	—	$292
Nov 1995	28	19,489	16.00	—	$448
Oct 1995	61	15,860	15.43	—	$941
Sep 1995	21	18,023	16.18	—	$340
Aug 1995	33	7,392	15.92	—	$525
Jul 1995	17	13,684	15.24	—	$259
Jun 1995	38	10,787	16.41	—	$624
May 1995	22	11,231	17.56	—	$386
Apr 1995	67	13,782	17.73	—	$1,188
Mar 1995	123	22,924	16.44	—	$2,022
Feb 1995	109	11,406	16.58	—	$1,807
Jan 1995	169	29,232	15.92	—	$2,690
Dec 1994	54	15,561	15.03	—	$812
Nov 1994	90	22,036	15.90	—	$1,431
Oct 1994	68	24,650	15.58	—	$1,059
Sep 1994	171	24,198	15.29	—	$2,615
Aug 1994	99	28,921	16.13	—	$1,597
Jul 1994	164	29,216	17.56	—	$2,880
Jun 1994	101	33,386	17.09	—	$1,726
May 1994	85	36,716	15.88	—	$1,350
Apr 1994	105	39,449	14.14	—	$1,485
Mar 1994	104	42,155	12.46	—	$1,296
Feb 1994	100	44,003	12.50	—	$1,250
Jan 1994	142	49,374	12.66	—	$1,798
Dec 1993	135	48,349	12.33	—	$1,665
Nov 1993	86	46,771	14.49	—	$1,246
Oct 1993	114	51,175	15.85	—	$1,807
Sep 1993	41	53,100	15.03	—	$616
Aug 1993	203	41,276	15.66	—	$3,179
Jul 1993	248	57,979	15.46	—	$3,834
Jun 1993	199	58,119	16.79	—	$3,341
May 1993	343	62,771	17.68	—	$6,064
Apr 1993	293	58,094	18.05	—	$5,289
Mar 1993	466	59,757	18.14	—	$8,453
Feb 1993	450	60,463	17.90	—	$8,055
Jan 1993	421	71,271	16.93	—	$7,128

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.

May 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 66.01 =         $0
Gas                   74 Mcf  × $  6.42 =       $475

────────────────────────────────────────────────────
Month total                                     $475

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/139313 is the state's own key, not one this site invented.