HOFFMAN, R. GU

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

Operated by OCEAN ENERGY, INC. (P-5 617549) 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 143435District 04Field 07008070CondensateGasSave Export

Value, all time

$2.2 M

Jan 1993 – Feb 2003

Value, last 12 filed months

$25 k

at the published price for each month

Months reported

122

no gaps in the span

Streams

condensate, gas

The BEN BOLT, W. (YEGUA, LO.) 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 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.

Stream	Basis	Volume	Value
Condensate	Disposition	58,338 bbl	$982,376
Gas	Production	1,955,055 Mcf	$1,248,696
Total			$2,231,072

1,513,496 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 27.6360, -98.1539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.63603, -98.15394 · 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

8,590 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 8,590 ft.

Completions filed

Jan 2005

1 of 1 wells

1 well


42-24932199	8	8,590 ft	Jan 2005	—	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 (122)

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

122 months


Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	6	0	26.91	4.85	$161
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	136	0	26.46	4.23	$3,599
Sep 2002	0	2,282	27.44	3.64	$8,296
Aug 2002	0	1,328	25.96	3.16	$4,202
Jul 2002	49	125	24.58	3.06	$1,587
Jun 2002	0	91	23.73	3.34	$304
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	107	23.65	3.51	$376
Mar 2002	89	1,296	22.00	3.10	$5,979
Feb 2002	0	189	18.22	2.38	$449
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	1,346	16.93	2.36	$3,182
Nov 2001	0	1,037	18.07	2.41	$2,495
Oct 2001	189	1,328	19.78	2.53	$7,097
Sep 2001	0	1,009	24.26	2.25	$2,272
Aug 2001	0	3,365	24.87	3.05	$10,274
Jul 2001	5	3,876	23.93	3.20	$12,512
Jun 2001	0	3,837	24.56	3.82	$14,673
May 2001	0	4,116	25.52	4.31	$17,729
Apr 2001	182	2,486	24.68	5.34	$17,755
Mar 2001	0	4,268	24.54	5.38	$22,947
Feb 2001	0	4,539	27.75	5.77	$26,177
Jan 2001	0	4,548	27.47	8.40	$38,198
Dec 2000	181	3,979	26.88	9.12	$41,164
Nov 2000	0	4,846	32.21	5.66	$27,419
Oct 2000	177	4,910	31.23	5.15	$30,792
Sep 2000	2	4,900	31.87	5.19	$25,478
Aug 2000	0	5,074	29.64	4.54	$23,040
Jul 2000	513	5,137	28.53	4.09	$35,645
Jun 2000	0	4,076	29.30	4.40	$17,923
May 2000	0	4,356	27.26	3.68	$16,029
Apr 2000	0	4,792	24.51	3.12	$14,932
Mar 2000	0	5,057	28.42	2.86	$14,462
Feb 2000	365	5,081	27.62	2.73	$23,935
Jan 2000	0	5,697	25.27	2.48	$14,131
Dec 1999	0	5,605	24.28	2.42	$13,585
Nov 1999	0	5,971	23.19	2.43	$14,533
Oct 1999	361	6,373	20.98	2.80	$25,442
Sep 1999	0	6,547	21.75	2.62	$17,146
Aug 1999	360	6,682	19.26	2.88	$26,148
Jul 1999	0	7,229	17.89	2.37	$17,150
Jun 1999	361	6,756	15.94	2.36	$21,713
May 1999	4	7,529	15.79	2.32	$17,538
Apr 1999	357	6,587	15.10	2.21	$19,935
Mar 1999	0	8,646	12.47	1.84	$15,894
Feb 1999	362	6,726	9.98	1.82	$15,839
Jan 1999	0	7,574	10.38	1.90	$14,390
Dec 1998	364	7,175	9.20	1.77	$16,072
Nov 1998	0	7,712	10.89	2.19	$16,856
Oct 1998	363	8,196	12.42	1.97	$20,648
Sep 1998	360	7,883	12.59	2.08	$20,950
Aug 1998	0	8,526	11.30	1.91	$16,262
Jul 1998	357	8,829	11.74	2.24	$23,944
Jun 1998	0	8,704	11.24	2.24	$19,473
May 1998	359	9,433	12.62	2.21	$25,343
Apr 1998	358	9,262	13.04	2.51	$27,873
Mar 1998	0	9,913	12.80	2.31	$22,893
Feb 1998	361	9,403	13.95	2.30	$26,655
Jan 1998	366	10,600	14.70	2.15	$28,221
Dec 1997	364	10,431	16.32	2.41	$31,091
Nov 1997	360	10,209	18.19	3.09	$38,076
Oct 1997	0	11,310	19.25	3.15	$35,624
Sep 1997	360	11,397	17.74	2.95	$40,063
Aug 1997	355	12,056	17.86	2.55	$37,140
Jul 1997	354	12,825	17.58	2.25	$35,040
Jun 1997	359	13,154	17.24	2.26	$35,880
May 1997	332	14,250	18.97	2.31	$39,194
Apr 1997	359	14,526	17.88	2.08	$36,673
Mar 1997	359	15,943	18.95	1.94	$37,719
Feb 1997	366	11,509	20.49	2.21	$32,887
Jan 1997	362	17,010	23.48	3.54	$68,710
Dec 1996	717	18,917	23.32	—	$16,720
Nov 1996	358	19,278	21.97	—	$7,865
Oct 1996	712	20,874	23.31	—	$16,597
Sep 1996	360	22,392	22.22	—	$7,999
Aug 1996	725	25,736	20.26	—	$14,689
Jul 1996	693	27,622	19.55	—	$13,548
Jun 1996	717	28,144	18.73	—	$13,429
May 1996	717	28,973	19.43	—	$13,931
Apr 1996	716	29,694	21.51	—	$15,401
Mar 1996	717	31,291	19.38	—	$13,895
Feb 1996	729	30,840	16.98	—	$12,378
Jan 1996	723	34,942	17.07	—	$12,342
Dec 1995	736	30,012	17.19	—	$12,652
Nov 1995	722	28,575	16.00	—	$11,552
Oct 1995	1,084	31,862	15.43	—	$16,726
Sep 1995	1,069	33,287	16.18	—	$17,296
Aug 1995	1,070	35,700	15.92	—	$17,034
Jul 1995	1,058	38,546	15.24	—	$16,124
Jun 1995	706	26,668	16.41	—	$11,585
May 1995	718	20,269	17.56	—	$12,608
Apr 1995	719	20,005	17.73	—	$12,748
Mar 1995	727	22,215	16.44	—	$11,952
Feb 1995	726	21,545	16.58	—	$12,037
Jan 1995	732	22,908	15.92	—	$11,653
Dec 1994	720	24,787	15.03	—	$10,822
Nov 1994	724	25,220	15.90	—	$11,512
Oct 1994	1,076	27,726	15.58	—	$16,764
Sep 1994	721	28,592	15.29	—	$11,024
Aug 1994	1,074	30,352	16.13	—	$17,324
Jul 1994	1,072	30,376	17.56	—	$18,824
Jun 1994	1,075	29,363	17.09	—	$18,372
May 1994	1,081	31,037	15.88	—	$17,166
Apr 1994	1,086	29,486	14.14	—	$15,356
Mar 1994	1,084	30,852	12.46	—	$13,507
Feb 1994	723	28,190	12.50	—	$9,038
Jan 1994	1,452	35,262	12.66	—	$18,382
Dec 1993	1,445	37,072	12.33	—	$17,817
Nov 1993	1,273	36,366	14.49	—	$18,446
Oct 1993	1,262	39,881	15.85	—	$20,003
Sep 1993	1,792	39,944	15.03	—	$26,934
Aug 1993	1,374	43,243	15.66	—	$21,517
Jul 1993	1,421	42,281	15.46	—	$21,969
Jun 1993	1,441	41,712	16.79	—	$24,194
May 1993	1,801	47,216	17.68	—	$31,842
Apr 1993	1,445	45,649	18.05	—	$26,082
Mar 1993	1,624	48,070	18.14	—	$29,459
Feb 1993	1,641	43,721	17.90	—	$29,374
Jan 1993	1,463	46,803	16.93	—	$24,769

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.

Dec 2002 — as filed, then multipliedworked

Condensate             6 bbl  × $ 26.91 =       $161
Gas                    0 Mcf  × $  4.85 =         $0

────────────────────────────────────────────────────
Month total                                     $161

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/143435 is the state's own key, not one this site invented.