HOFFMAN, R. "C"

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 144542District 04Field 07008070CondensateGasSaveExport
Value, all time
$224 k
Feb 1993 – May 2002
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
112
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
CondensateDisposition8,847 bbl$144,870
GasProduction321,638 Mcf$78,801
Total$223,671

288,817 Mcf of this lease's gas, across 46 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 27.6218, -98.1594. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62179, -98.15944 · 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
8,590 ft
1 wells filed one
Completion to plug
12.5 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 8,590 ft.

Completions filed
Feb 2005
1 of 1 wells
Plug dates filed
Aug 2017
1 of 1 wells

Last completion to plug: a median of 12.5 years across the 1 well that filed both dates, with the middle half between 12.5 years and 12.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-24932202108,590 ftFeb 2005Aug 2017Yes

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 (112)

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

112 months

May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 200254022.003.10$1,188
Feb 200201,23118.222.38$2,924
Jan 200204017.172.38$95
Dec 200106016.932.36$142
Nov 200106618.072.41$159
Oct 2001011619.782.53$293
Sep 200107724.262.25$173
Aug 200105224.873.05$159
Jul 200127323.933.20$656
Jun 20010024.563.82$0
May 2001011625.524.31$500
Apr 2001176024.685.34$4,344
Mar 20010024.545.38$0
Feb 200101427.755.77$81
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 199903620.982.80$101
Sep 1999014321.752.62$375
Aug 1999015519.262.88$446
Jul 1999032217.892.37$764
Jun 1999019715.942.36$465
May 1999055915.792.32$1,297
Apr 1999044315.102.21$978
Mar 199901,46812.471.84$2,699
Feb 199902559.981.82$464
Jan 199936183110.381.90$5,326
Dec 199803989.201.77$706
Nov 1998072710.892.19$1,589
Oct 199801,58912.421.97$3,129
Sep 1998021312.592.08$444
Aug 1998034111.301.91$650
Jul 19980011.742.24$0
Jun 199803911.242.24$87
May 199802312.622.21$51
Apr 1998079313.042.51$1,987
Mar 1998201,57812.802.31$3,900
Feb 199801,21013.952.30$2,782
Jan 199801,70814.702.15$3,680
Dec 199701,56216.322.41$3,766
Nov 199701,44418.193.09$4,459
Oct 199701,57719.253.15$4,967
Sep 199701,34117.742.95$3,962
Aug 19973551,77817.862.55$10,883
Jul 199701,71817.582.25$3,860
Jun 199701,28417.242.26$2,898
May 199711,24018.972.31$2,882
Apr 199701,46317.882.08$3,047
Mar 199701,47318.951.94$2,856
Feb 199701,48520.492.21$3,276
Jan 199701,65323.483.54$5,851
Dec 199602,04723.32$0
Nov 19963602,16021.97$7,909
Oct 199602,37723.31$0
Sep 199602,27122.22$0
Aug 199612,65720.26$20
Jul 19963573,05519.55$6,979
Jun 199603,98618.73$0
May 19960019.43$0
Apr 199603,57221.51$0
Mar 199603,75419.38$0
Feb 199603,88516.98$0
Jan 199605,47817.07$0
Dec 19953582,36117.19$6,154
Nov 199502,41716.00$0
Oct 199502,52515.43$0
Sep 199502,53016.18$0
Aug 19953543,53915.92$5,636
Jul 199503,71815.24$0
Jun 199503,80616.41$0
May 199504,04217.56$0
Apr 199504,04317.73$0
Mar 19953444,52816.44$5,655
Feb 199504,28016.58$0
Jan 199504,30615.92$0
Dec 19943634,79715.03$5,456
Nov 199404,88215.90$0
Oct 19943585,34215.58$5,578
Sep 199405,57815.29$0
Aug 19943516,05216.13$5,662
Jul 199406,30017.56$0
Jun 19943576,28417.09$6,101
May 199407,19715.88$0
Apr 19943598,04614.14$5,076
Mar 199408,91912.46$0
Feb 19943586,51312.50$4,475
Jan 19943618,00212.66$4,570
Dec 199308,82012.33$0
Nov 19933609,31614.49$5,216
Oct 199335710,25315.85$5,658
Sep 199335410,82715.03$5,321
Aug 199335312,05415.66$5,528
Jul 199335512,62415.46$5,488
Jun 199335812,84716.79$6,011
May 199335514,55617.68$6,276
Apr 199335914,82118.05$6,480
Mar 199372115,99118.14$13,079
Feb 1993011,45917.90$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.

Mar 2002 — as filed, then multipliedworked
Condensate            54 bbl  × $ 22.00 =     $1,188
Gas                    0 Mcf  × $  3.10 =         $0

────────────────────────────────────────────────────
Month total                                   $1,188

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/144542 is the state's own key, not one this site invented.