HEARD,J.F.B.

Operated by INTEGRATED OPERATING CORPORATION (P-5 424770) in the RINCON, NORTH (FRIO E) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 62037District 04Field 76723160NGPA filingGasSaveExport
Value, all time
$340 k
Jan 1993 – May 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
197
no gaps in the span
Streams
1
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
1959-03-24
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 09/01/94.

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
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
GasProduction107,842 Mcf$339,710
Total$339,710

19,314 Mcf of this lease's gas, across 29 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 26.5848, -98.5716. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.58482, -98.57162 · 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
6,119 ft
1 wells filed one
Completion to plug
34.0 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 6,119 ft.

Completions filed
May 1975
1 of 1 wells
Plug dates filed
May 2009
1 of 1 wells

Last completion to plug: a median of 34.0 years across the 1 well that filed both dates, with the middle half between 34.0 years and 34.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4270503746,119 ftMay 1975May 2009Yes

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 (197)

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

197 months

May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 20074275.846.24$262
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 2006056.656.92$0
Nov 20061454.207.62$107
Oct 20061954.906.01$114
Sep 200610960.085.04$549
Aug 200610568.717.34$771
Jul 20067869.376.34$495
Jun 200616366.286.38$1,041
May 200616866.016.42$1,079
Apr 200616364.397.36$1,200
Mar 200617156.707.08$1,211
Feb 200612257.597.75$946
Jan 20066160.598.93$545
Dec 200511454.9413.42$1,529
Nov 20057054.6910.59$741
Oct 20053558.3413.80$483
Sep 200512061.4512.08$1,449
Aug 200527861.519.80$2,724
Jul 200524555.697.84$1,922
Jun 200524552.337.38$1,808
May 200513845.226.65$918
Apr 20059949.207.36$729
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 200510643.166.32$670
Dec 200465539.866.75$4,422
Nov 200465345.286.33$4,134
Oct 200482149.706.52$5,349
Sep 200479343.245.28$4,190
Aug 200474342.375.55$4,124
Jul 200483338.286.08$5,068
Jun 200485036.106.43$5,468
May 200491337.486.49$5,930
Apr 200457734.475.86$3,380
Mar 200449034.365.53$2,710
Feb 200483732.455.51$4,612
Jan 200473132.036.30$4,605
Dec 200342830.266.30$2,697
Nov 200370628.804.60$3,244
Oct 20031,02328.174.76$4,869
Sep 20031,04126.314.75$4,944
Aug 20031,03929.765.13$5,330
Jul 20031,14929.415.17$5,941
Jun 200395528.565.98$5,714
May 200399226.595.97$5,925
Apr 20031,07426.675.41$5,807
Mar 200399831.146.10$6,084
Feb 200395233.487.93$7,545
Jan 200376830.315.58$4,287
Dec 200233026.914.85$1,602
Nov 200225424.664.14$1,051
Oct 200244126.464.23$1,865
Sep 200226927.443.64$978
Aug 200228225.963.16$892
Jul 200228324.583.06$866
Jun 200220823.733.34$694
May 200229124.663.58$1,043
Apr 200248823.653.51$1,714
Mar 200222722.003.10$704
Feb 200221218.222.38$504
Jan 200252617.172.38$1,250
Dec 200111016.932.36$260
Nov 200164118.072.41$1,542
Oct 200170419.782.53$1,780
Sep 200170124.262.25$1,578
Aug 200177524.873.05$2,366
Jul 200189923.933.20$2,874
Jun 200158624.563.82$2,241
May 200173725.524.31$3,174
Apr 200184724.685.34$4,519
Mar 200154824.545.38$2,946
Feb 200182027.755.77$4,729
Jan 20011,06027.478.40$8,903
Dec 20001,25826.889.12$11,476
Nov 20001,20932.215.66$6,841
Oct 20001,41531.235.15$7,281
Sep 20001,59631.875.19$8,278
Aug 200082429.644.54$3,742
Jul 200085928.534.09$3,513
Jun 200078929.304.40$3,469
May 200098327.263.68$3,617
Apr 200096624.513.12$3,010
Mar 20001,12828.422.86$3,226
Feb 20001,09927.622.73$2,996
Jan 20001,21325.272.48$3,009
Dec 19991,21424.282.42$2,942
Nov 19991,29123.192.43$3,142
Oct 19991,48120.982.80$4,152
Sep 19991,62121.752.62$4,245
Aug 19991,70419.262.88$4,900
Jul 19991,81617.892.37$4,308
Jun 19991,84415.942.36$4,356
May 19991,67115.792.32$3,878
Apr 19991,55815.102.21$3,440
Mar 19991,61412.471.84$2,967
Feb 19991,4189.981.82$2,578
Jan 19991,62810.381.90$3,093
Dec 19981,6489.201.77$2,922
Nov 19981,50910.892.19$3,298
Oct 19981,45312.421.97$2,861
Sep 19981,50212.592.08$3,128
Aug 19981,39311.301.91$2,657
Jul 19981,63011.742.24$3,647
Jun 19981,48811.242.24$3,329
May 19981,62812.622.21$3,592
Apr 19981,42913.042.51$3,580
Mar 199879012.802.31$1,824
Feb 199887613.952.30$2,014
Jan 19981,69914.702.15$3,661
Dec 199748016.322.41$1,157
Nov 199740018.193.09$1,235
Oct 199723319.253.15$734
Sep 199730117.742.95$889
Aug 199746517.862.55$1,188
Jul 199739217.582.25$881
Jun 199730217.242.26$682
May 199741418.972.31$956
Apr 199740017.882.08$833
Mar 199738518.951.94$747
Feb 199729420.492.21$649
Jan 199729323.483.54$1,037
Dec 199645023.32$0
Nov 199647721.97$0
Oct 199645423.31$0
Sep 199649322.22$0
Aug 199645920.26$0
Jul 199653719.55$0
Jun 199652018.73$0
May 199656319.43$0
Apr 199654421.51$0
Mar 199659219.38$0
Feb 199658616.98$0
Jan 199668917.07$0
Dec 199566217.19$0
Nov 199564916.00$0
Oct 199580715.43$0
Sep 199584516.18$0
Aug 199569915.92$0
Jul 199550015.24$0
Jun 199544716.41$0
May 199543717.56$0
Apr 199554717.73$0
Mar 199552316.44$0
Feb 199568116.58$0
Jan 199586115.92$0
Dec 19941,01315.03$0
Nov 19941,04615.90$0
Oct 19941,21715.58$0
Sep 19941,08015.29$0
Aug 199493616.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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.

Sep 2007 — as filed, then multipliedworked
Gas                   42 Mcf  × $  6.24 =       $262

────────────────────────────────────────────────────
Month total                                     $262

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/62037 is the state's own key, not one this site invented.