R. HOFFMAN GU

Operated by DEVON LOUISIANA CORPORATION (P-5 216731) in the BEN BOLT, W. (YEGUA, MIDDLE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188227District 04Field 07008075CondensateGasSaveExport
Value, all time
$2.3 M
Feb 2002 – Oct 2005
Value, last 12 filed months
$173 k
at the published price for each month
Months reported
45
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1987-08-29
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
CondensateDisposition6,861 bbl$206,129
GasProduction404,852 Mcf$2,055,989
Total$2,262,118

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 27.6288, -98.1582. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.62876, -98.15823 · 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
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 2005
1 of 1 wells

1 well

42-24932211118,650 ftMay 2005Yes

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 (45)

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

45 months

Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 200547061.519.80$2,891
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20051721945.226.65$7,904
Apr 2005023949.207.36$1,759
Mar 200505,82550.377.15$41,677
Feb 200505,60845.226.31$35,397
Jan 20051816,38643.166.32$48,186
Dec 200401,87339.866.75$12,645
Nov 200403,55945.286.33$22,530
Oct 20041656,25949.706.52$48,979
Sep 200494,46543.245.28$23,982
Aug 20041915,02042.375.55$35,957
Jul 2004334,90738.286.08$31,118
Jun 200404,54536.106.43$29,238
May 20041654,82337.486.49$37,508
Apr 200405,45234.475.86$31,940
Mar 20041726,69034.365.53$42,907
Feb 20041807,05732.455.51$44,722
Jan 200408,74332.036.30$55,078
Dec 20031849,32330.266.30$64,318
Nov 200319312,80628.804.60$64,404
Oct 200338615,56128.174.76$84,938
Sep 200320418,05326.314.75$91,107
Aug 200337422,42329.765.13$126,154
Jul 200336523,16929.415.17$130,538
Jun 200337821,24628.565.98$137,910
May 200337123,05626.595.97$147,571
Apr 200337620,72126.675.41$122,072
Mar 200336022,12931.146.10$146,110
Feb 200319011,70833.487.93$99,157
Jan 20031706,19730.315.58$39,745
Dec 20021697,07126.914.85$38,869
Nov 200206,96324.664.14$28,806
Oct 20021777,54326.464.23$36,584
Sep 20021577,80327.443.64$32,674
Aug 200234617,03925.963.16$62,896
Jul 200202,11624.583.06$6,479
Jun 20021677,41623.733.34$28,719
May 200218614,52524.663.58$56,644
Apr 200236717,36623.653.51$69,675
Mar 200242618,86222.003.10$67,896
Feb 2002010,28618.222.38$24,436

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 2005 — as filed, then multipliedworked
Condensate            47 bbl  × $ 61.51 =     $2,891
Gas                    0 Mcf  × $  9.80 =         $0

────────────────────────────────────────────────────
Month total                                   $2,891

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/188227 is the state's own key, not one this site invented.