HORNADAY

Operated by BLUESTONE NATURAL RES. II, LLC (P-5 76861) in the T PATCH (REKLAW OSO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 238094District 04Field 880313702 tax incentive programmesCondensateGasSaveExport
Value, all time
$246 k
Apr 2008 – Sep 2014
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
78
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 47 leases and 47 wells, and the rule below applies to all of them.

Discovered
2004-10-22
as the register files it
Field class
Gas
the register's own label
Between wells
933 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 2005-10-25.

The Commission's schedule remark for this field reads: TO 8370'.

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 Gas112009-04-16188358
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
CondensateDisposition391 bbl$26,871
GasProduction35,485 Mcf$219,168
Total$246,040

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 26.7513, -98.9481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.75133, -98.94814 · 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
9,000 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 9,000 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-4273426529,000 ftSep 2014Yes

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 (78)

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

78 months

Sep 20140086.164.05$0
Aug 201407189.394.04$286
Jul 2014014496.564.18$602
Jun 201405798.164.74$270
May 201406594.734.73$307
Apr 2014014095.944.81$673
Mar 2014018795.895.06$946
Feb 2014014197.406.19$873
Jan 2014016390.404.86$792
Dec 2013023991.824.35$1,041
Nov 2013011088.853.74$411
Oct 2013018897.423.78$711
Sep 20130187104.113.72$695
Aug 20130154104.253.52$542
Jul 20130159102.523.72$591
Jun 2013021894.403.93$857
May 2013013194.834.15$544
Apr 201307993.964.28$338
Mar 2013023593.623.91$920
Feb 20130291.233.42$7
Jan 201308991.603.42$304
Dec 2012014386.773.42$489
Nov 2012017786.953.62$642
Oct 201203389.383.40$112
Sep 201202294.672.92$64
Aug 201203892.662.91$111
Jul 2012015185.133.02$456
Jun 201204579.822.52$113
May 201203591.612.49$87
Apr 2012010101.652.00$20
Mar 20120398105.052.22$884
Feb 20120314101.102.57$807
Jan 2012025898.092.73$705
Dec 2011027496.873.24$888
Nov 2011016495.723.31$543
Oct 2011022084.983.65$803
Sep 2011015083.623.99$598
Aug 2011012783.404.15$527
Jul 2011033494.144.52$1,509
Jun 2011019692.904.64$909
May 2011023998.134.40$1,053
Apr 20110325105.964.33$1,408
Mar 2011039296.364.06$1,590
Feb 2011020385.644.18$849
Jan 2011027286.504.59$1,248
Dec 2010033885.734.35$1,470
Nov 2010044980.843.80$1,704
Oct 2010032678.103.51$1,144
Sep 201007372.633.98$291
Aug 2010015573.684.42$685
Jul 2010029072.554.74$1,374
Jun 2010018870.364.91$923
May 2010046571.124.24$1,969
Apr 2010066981.694.12$2,758
Mar 2010180978.394.39$3,629
Feb 2010022573.585.44$1,225
Jan 2010030174.365.96$1,795
Dec 2009046471.445.48$2,544
Nov 2009046574.593.75$1,744
Oct 2009054372.544.11$2,232
Sep 2009150065.543.06$1,598
Aug 2009079367.423.22$2,552
Jul 2009078561.133.46$2,720
Jun 2009675266.163.90$3,326
May 20091585154.743.93$4,162
Apr 20094186946.773.59$5,035
Mar 20095096642.144.06$6,028
Feb 2009431,09532.814.63$6,484
Jan 200901,38735.865.37$7,450
Dec 2008691,31737.105.98$10,432
Nov 2008301,38455.496.86$11,159
Oct 2008151,55675.246.92$11,899
Sep 2008151,767101.767.88$15,445
Aug 2008242,693114.228.48$25,586
Jul 200820418131.0811.39$7,382
Jun 2008391,263131.3313.03$21,582
May 2008224,050123.1711.57$49,586
Apr 200800110.3110.45$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 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.39 =         $0
Gas                   71 Mcf  × $  4.04 =       $286

────────────────────────────────────────────────────
Month total                                     $286

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/238094 is the state's own key, not one this site invented.