HOUSTON ENDOWMENT, INC.

Operated by WHITE OAK OPERATING COMPANY LLC (P-5 916954) in the COPANO BAY, S. (FB-A, M-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 258353District 04Field 20452252CondensateGasSaveExport
Value, all time
$1.1 M
Dec 2010 – Aug 2013
Value, last 12 filed months
$58 k
at the published price for each month
Months reported
33
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1964-12-16
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 EFF. 1-1-80 PER AMENDMENT TO SWR 28 & 29

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
CondensateDisposition3,483 bbl$321,108
GasProduction185,961 Mcf$741,828
Total$1,062,936

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 28.0482, -97.1941. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04824, -97.19406 · 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
9,800 ft
1 wells filed one
Completion to plug
8 months
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 9,800 ft.

Completions filed
Jun 2014
1 of 1 wells
Plug dates filed
Feb 2015
1 of 1 wells

Last completion to plug: a median of 8 months across the 1 well that filed both dates, with the middle half between 8 months and 8 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0073089019,800 ftJun 2014Feb 2015Yes

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 (33)

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

33 months

Aug 2013600104.253.52$6,255
Jul 20130465102.523.72$1,729
Jun 2013058494.403.93$2,297
May 2013064594.834.15$2,676
Apr 2013060093.964.28$2,570
Mar 2013087993.623.91$3,439
Feb 201301,49791.233.42$5,120
Jan 201302,48791.603.42$8,505
Dec 201201,18486.773.42$4,049
Nov 20120086.953.62$0
Oct 201201,30389.383.40$4,430
Sep 201216071394.672.92$17,228
Aug 201201,52592.662.91$4,435
Jul 201202,68485.133.02$8,108
Jun 201202,88279.822.52$7,260
May 201214,40591.612.49$11,053
Apr 20121946,333101.652.00$32,366
Mar 201205,825105.052.22$12,944
Feb 201201,013101.102.57$2,604
Jan 201203,17698.092.73$8,683
Dec 201102,66596.873.24$8,634
Nov 20111891,11495.723.31$21,780
Oct 201103,17184.983.65$11,570
Sep 201106,05483.623.99$24,130
Aug 20111827,98583.404.15$48,311
Jul 201108,29994.144.52$37,489
Jun 201137614,43192.904.64$101,889
May 201118815,42598.134.40$86,393
Apr 201138614,671105.964.33$104,474
Mar 201118913,57596.364.06$73,290
Feb 201138515,63885.644.18$98,338
Jan 201177921,74086.504.59$167,144
Dec 201039422,99385.734.35$133,745

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 2013 — as filed, then multipliedworked
Condensate            60 bbl  × $104.25 =     $6,255
Gas                    0 Mcf  × $  3.52 =         $0

────────────────────────────────────────────────────
Month total                                   $6,255

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/258353 is the state's own key, not one this site invented.