HIRSCH ESTATE 538

Operated by CONOCOPHILLIPS COMPANY (P-5 172232) in the BIG COWBOY (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 139641District 04Field 078002002 tax incentive programmesCondensateGasSaveExport
Value, all time
$568 k
Jan 1993 – Dec 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
240
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 164 leases and 164 wells, and the rule below applies to all of them.

Discovered
1979-07-17
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 40 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: STATEWIDE RULES. NO P-15 & PLAT.

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
High Cost Gas111992-06-04124439
NGPA2none

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
CondensateDisposition5,339 bbl$87,558
GasProduction531,476 Mcf$480,475
Total$568,034

368,540 Mcf of this lease's gas, across 38 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 27.7312, -99.1508. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73122, -99.15075 · 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
8,550 ft
1 wells filed one
Completion to plug
18.9 years
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 8,550 ft.

Completions filed
Jan 1994
1 of 1 wells
Plug dates filed
Dec 2012
1 of 1 wells

Last completion to plug: a median of 18.9 years across the 1 well that filed both dates, with the middle half between 18.9 years and 18.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4793526958,550 ftJan 1994Dec 2012Yes

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 (240)

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

240 months

Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20021024.663.58$25
Apr 2002733623.653.51$1,346
Mar 2002331,31122.003.10$4,794
Feb 200271,35318.222.38$3,342
Jan 200281,48517.172.38$3,665
Dec 2001161,47916.932.36$3,768
Nov 2001641,47818.072.41$4,712
Oct 2001831,49119.782.53$5,412
Sep 2001921,57124.262.25$5,769
Aug 2001491,47024.873.05$5,707
Jul 2001181,44223.933.20$5,041
Jun 2001161,09024.563.82$4,561
May 200101,39325.524.31$6,000
Apr 200101,74624.685.34$9,315
Mar 200101,80924.545.38$9,726
Feb 200101,68527.755.77$9,718
Jan 200101,96327.478.40$16,487
Dec 200002,25826.889.12$20,599
Nov 200001,91932.215.66$10,858
Oct 200002,24431.235.15$11,547
Sep 200002,24831.875.19$11,659
Aug 200002,39929.644.54$10,893
Jul 200002,49528.534.09$10,204
Jun 200002,46629.304.40$10,844
May 200002,63727.263.68$9,704
Apr 200002,57924.513.12$8,036
Mar 200002,15528.422.86$6,163
Feb 200002,40027.622.73$6,544
Jan 200002,34325.272.48$5,812
Dec 199902,57024.282.42$6,229
Nov 199902,15523.192.43$5,245
Oct 199901,59620.982.80$4,475
Sep 199902,62321.752.62$6,869
Aug 199901,15719.262.88$3,327
Jul 19990017.892.37$0
Jun 199901,40215.942.36$3,312
May 199901,84915.792.32$4,292
Apr 199902,46615.102.21$5,445
Mar 199902,40512.471.84$4,421
Feb 199902,4719.981.82$4,492
Jan 199901,54210.381.90$2,930
Dec 199802,4799.201.77$4,396
Nov 199802,50310.892.19$5,471
Oct 199802,70012.421.97$5,317
Sep 199822,71912.592.08$5,688
Aug 199831,73011.301.91$3,334
Jul 1998252,78811.742.24$6,531
Jun 1998272,47011.242.24$5,830
May 1998382,87612.622.21$6,825
Apr 1998402,73513.042.51$7,374
Mar 1998232,06012.802.31$5,052
Feb 1998151,64813.952.30$3,998
Jan 1998212,06914.702.15$4,767
Dec 1997413,93016.322.41$10,145
Nov 1997483,87918.193.09$12,852
Oct 1997514,87219.253.15$16,328
Sep 1997505,22717.742.95$16,332
Aug 1997323,55617.862.55$9,656
Jul 1997545,48317.582.25$13,269
Jun 1997564,91017.242.26$12,048
May 1997756,77218.972.31$17,056
Apr 1997474,53617.882.08$10,288
Mar 1997786,78818.951.94$14,641
Feb 199795,50020.492.21$12,317
Jan 199765,22523.483.54$18,636
Dec 1996106,17423.32$233
Nov 1996106,35421.97$220
Oct 1996106,34223.31$233
Sep 1996214,93222.22$467
Aug 1996204,88420.26$405
Jul 1996244,72119.55$469
Jun 1996226,08218.73$412
May 1996316,85219.43$602
Apr 1996206,33121.51$430
Mar 199605,48019.38$0
Feb 199604,62016.98$0
Jan 199606,24517.07$0
Dec 199506,27117.19$0
Nov 199506,02316.00$0
Oct 1995626,75715.43$957
Sep 19951105,63016.18$1,780
Aug 19951236,47815.92$1,958
Jul 19951545,66915.24$2,347
Jun 1995927,67016.41$1,510
May 19951388,72517.56$2,423
Apr 1995878,45117.73$1,543
Mar 19951768,86016.44$2,893
Feb 19951329,44116.58$2,189
Jan 199515310,72415.92$2,436
Dec 19941079,19815.03$1,608
Nov 1994636,14515.90$1,002
Oct 199410012,23815.58$1,558
Sep 199416012,78115.29$2,446
Aug 199412513,42916.13$2,016
Jul 199419514,55317.56$3,424
Jun 199423114,32617.09$3,948
May 199421816,12615.88$3,462
Apr 199425817,34614.14$3,648
Mar 199430319,66312.46$3,775
Feb 199423517,98912.50$2,938
Jan 199415813,02812.66$2,000
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 199314018.14$254
Feb 199315010,50117.90$2,685
Jan 199349231,50116.93$8,330

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 2002 — as filed, then multipliedworked
Condensate             1 bbl  × $ 24.66 =        $25
Gas                    0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                      $25

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/139641 is the state's own key, not one this site invented.