HEIN TRUST

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

Gas lease lease 151807District 04Field 509250152 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jul 1994 – Jan 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
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 719 leases and 719 wells, and the rule below applies to all of them.

Discovered
1999-06-29
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: PERMITTED/DRILLED/COMPLETED ON THE SAME LEASE.

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 Gas111994-12-28130588
NGPA1none

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
CondensateDisposition153 bbl$2,954
GasProduction816,754 Mcf$1,331,411
Total$1,334,365

512,012 Mcf of this lease's gas, across 28 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 27.2941, -99.2605. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.29406, -99.26049 · 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
11,276 ft
1 wells filed one
Completion to plug
18.5 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 11,276 ft.

Completions filed
Jul 1994
1 of 1 wells
Plug dates filed
Jan 2013
1 of 1 wells

Last completion to plug: a median of 18.5 years across the 1 well that filed both dates, with the middle half between 18.5 years and 18.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47936090411,276 ftJul 1994Jan 2013Yes

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 (223)

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

223 months

Jan 20130091.603.42$0
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 2009039067.423.22$1,255
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 2009091942.144.06$3,730
Feb 200907,10132.814.63$32,899
Jan 200907,89435.865.37$42,399
Dec 2008011,59837.105.98$69,323
Nov 200808,63555.496.86$59,239
Oct 2008012,61775.246.92$87,335
Sep 200804,671101.767.88$36,794
Aug 20080302114.228.48$2,562
Jul 20080294131.0811.39$3,348
Jun 2008041131.3313.03$534
May 2008039123.1711.57$451
Apr 2008035110.3110.45$366
Mar 2008094101.909.66$908
Feb 200809092.538.77$789
Jan 2008028290.388.21$2,314
Dec 20070088.337.30$0
Nov 200702491.677.29$175
Oct 200706082.856.92$415
Sep 200701675.846.24$100
Aug 2007019569.066.39$1,246
Jul 2007054370.906.39$3,469
Jun 200704262.007.55$317
May 200702158.747.85$165
Apr 2007010859.617.81$843
Mar 200703156.927.30$226
Feb 200703055.108.22$246
Jan 2007010950.306.73$733
Dec 200609756.656.92$671
Nov 2006050554.207.62$3,847
Oct 200601354.906.01$78
Sep 200602860.085.04$141
Aug 200601368.717.34$95
Jul 200603169.376.34$197
Jun 20060066.286.38$0
May 200601966.016.42$122
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200602257.597.75$171
Jan 200604860.598.93$429
Dec 200506654.9413.42$885
Nov 200508754.6910.59$921
Oct 200505058.3413.80$690
Sep 200509361.4512.08$1,123
Aug 2005049461.519.80$4,840
Jul 200502,41755.697.84$18,958
Jun 200503,81252.337.38$28,137
May 200503,83245.226.65$25,487
Apr 200503,85149.207.36$28,345
Mar 200504,25250.377.15$30,423
Feb 200501,70345.226.31$10,749
Jan 20050043.166.32$0
Dec 200401,22139.866.75$8,243
Nov 200404,63945.286.33$29,367
Oct 200404,93849.706.52$32,172
Sep 200403,96443.245.28$20,945
Aug 200405,27642.375.55$29,285
Jul 200404,54838.286.08$27,671
Jun 200403,65936.106.43$23,538
May 2004011437.486.49$740
Apr 20040034.475.86$0
Mar 2004011134.365.53$614
Feb 200404132.455.51$226
Jan 2004021032.036.30$1,323
Dec 2003034630.266.30$2,180
Nov 2003022028.804.60$1,011
Oct 200306928.174.76$328
Sep 2003063426.314.75$3,011
Aug 200301,99329.765.13$10,224
Jul 2003080429.415.17$4,157
Jun 200301,82228.565.98$10,901
May 200302,68226.595.97$16,019
Apr 2003022426.675.41$1,211
Mar 200301731.146.10$104
Feb 200301,44733.487.93$11,469
Jan 200302,72530.315.58$15,211
Dec 200201,59726.914.85$7,751
Nov 200201,03424.664.14$4,278
Oct 200202,19926.464.23$9,300
Sep 200202,39427.443.64$8,703
Aug 200201,93125.963.16$6,110
Jul 200202,40224.583.06$7,354
Jun 200202,23823.733.34$7,471
May 200202,45124.663.58$8,784
Apr 200201,19123.653.51$4,183
Mar 200202,59722.003.10$8,058
Feb 2002036618.222.38$870
Jan 200201,20017.172.38$2,851
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 2001044224.262.25$995
Aug 2001021924.873.05$669
Jul 200101,67023.933.20$5,339
Jun 200102,34324.563.82$8,960
May 200102,52325.524.31$10,867
Apr 200102,53024.685.34$13,498
Mar 200102,23124.545.38$11,995
Feb 200102,44527.755.77$14,101
Jan 200101,64427.478.40$13,808
Dec 200002,80726.889.12$25,607
Nov 200002,64432.215.66$14,960
Oct 200002,81231.235.15$14,469
Sep 200002,64631.875.19$13,723
Aug 200002,75329.644.54$12,501
Jul 200002,61828.534.09$10,707
Jun 200002,42129.304.40$10,646
May 200002,72427.263.68$10,024
Apr 200002,61524.513.12$8,148
Mar 200002,67828.422.86$7,658
Feb 200002,64727.622.73$7,217
Jan 200002,92225.272.48$7,248
Dec 199901,93024.282.42$4,678
Nov 199902,91523.192.43$7,095
Oct 199902,99120.982.80$8,386
Sep 199902,87121.752.62$7,519
Aug 199902,99619.262.88$8,615
Jul 199902,79517.892.37$6,631
Jun 199902,56815.942.36$6,066
May 199902,72415.792.32$6,322
Apr 199902,73515.102.21$6,039
Mar 19990012.471.84$0
Feb 199902,8649.981.82$5,206
Jan 199903,26310.381.90$6,200
Dec 199803,3239.201.77$5,893
Nov 199803,02710.892.19$6,616
Oct 199803,10612.421.97$6,116
Sep 199803,03612.592.08$6,323
Aug 199803,18311.301.91$6,071
Jul 199803,46911.742.24$7,761
Jun 199803,50311.242.24$7,837
May 199803,94412.622.21$8,702
Apr 199803,54913.042.51$8,891
Mar 199803,51612.802.31$8,120
Feb 199803,05813.952.30$7,031
Jan 199803,64414.702.15$7,852
Dec 199703,74616.322.41$9,032
Nov 199703,33018.193.09$10,284
Oct 199702,99619.253.15$9,437
Sep 199703,35217.742.95$9,905
Aug 199703,68317.862.55$9,409
Jul 199703,68617.582.25$8,282
Jun 199703,66517.242.26$8,273
May 199763,47218.972.31$8,129
Apr 199703,50917.882.08$7,308
Mar 1997134,06318.951.94$8,125
Feb 1997154,09120.492.21$9,332
Jan 199794,88723.483.54$17,510
Dec 199674,78823.32$163
Nov 1996174,77521.97$373
Oct 1996113,46723.31$256
Sep 19960022.22$0
Aug 199634,78120.26$61
Jul 199606,44119.55$0
Jun 199606,21818.73$0
May 199606,55819.43$0
Apr 199645,99721.51$86
Mar 199625,01319.38$39
Feb 1996173,24916.98$289
Jan 1996146,07417.07$239
Dec 199566,34717.19$103
Nov 199526,14316.00$32
Oct 1995115,98815.43$170
Sep 1995017,11016.18$0
Aug 1995313,11515.92$48
Jul 1995216,12515.24$30
Jun 1995115,63516.41$16
May 1995120,22117.56$18
Apr 1995421,65717.73$71
Mar 1995125,92916.44$16
Feb 1995126,50316.58$17
Jan 1995127,84915.92$16
Dec 1994035,72915.03$0
Nov 1994240,08915.90$32
Oct 1994049,04015.58$0
Sep 1994059,82215.29$0
Aug 1994067,34916.13$0
Jul 19940017.56$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.

Aug 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 67.42 =         $0
Gas                  390 Mcf  × $  3.22 =     $1,255

────────────────────────────────────────────────────
Month total                                   $1,255

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/151807 is the state's own key, not one this site invented.