HEREFORD -T-

Operated by NORTH CENTRAL OIL CORP. (P-5 613760) in the BASHARA-HEREFORD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 88229District 04Field 05993001NGPA filingCondensateGasSaveExport
Value, all time
$342 k
Jan 1993 – Nov 2005
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
155
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1979-10-13
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 1986-12-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2008.

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
CondensateDisposition47 bbl$1,657
GasProduction123,331 Mcf$339,845
Total$341,502

13,601 Mcf of this lease's gas, across 5 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 27.3542, -99.4139. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.35423, -99.41386 · 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
9,097 ft
1 wells filed one
Completion to plug
25.8 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 9,097 ft.

Completions filed
Jan 1980
1 of 1 wells
Plug dates filed
Nov 2005
1 of 1 wells

Last completion to plug: a median of 25.8 years across the 1 well that filed both dates, with the middle half between 25.8 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47932545169,097 ftJan 1980Nov 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 (155)

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

155 months

Nov 200517354.6910.59$828
Oct 2005124158.3413.80$3,383
Sep 2005024261.4512.08$2,923
Aug 2005132861.519.80$3,275
Jul 2005114255.697.84$1,169
Jun 2005015952.337.38$1,174
May 2005024445.226.65$1,623
Apr 2005228749.207.36$2,211
Mar 2005124450.377.15$1,796
Feb 2005126945.226.31$1,743
Jan 2005137843.166.32$2,433
Dec 2004130939.866.75$2,126
Nov 2004129645.286.33$1,919
Oct 2004141249.706.52$2,734
Sep 2004133443.245.28$1,808
Aug 2004139742.375.55$2,246
Jul 2004142938.286.08$2,648
Jun 2004132436.106.43$2,120
May 2004233137.486.49$2,225
Apr 2004038134.475.86$2,232
Mar 2004134734.365.53$1,953
Feb 2004132532.455.51$1,823
Jan 2004240032.036.30$2,584
Dec 2003142030.266.30$2,677
Nov 2003137828.804.60$1,766
Oct 2003138528.174.76$1,861
Sep 2003140426.314.75$1,945
Aug 2003143129.765.13$2,241
Jul 2003144129.415.17$2,310
Jun 2003140628.565.98$2,458
May 2003245826.595.97$2,789
Apr 2003142926.675.41$2,346
Mar 2003236631.146.10$2,293
Feb 2003228233.487.93$2,302
Jan 2003242930.315.58$2,455
Dec 2002235126.914.85$1,757
Nov 2002135724.664.14$1,502
Oct 2002127126.464.23$1,173
Sep 2002137327.443.64$1,383
Aug 2002038225.963.16$1,209
Jul 2002041324.583.06$1,265
Jun 2002045123.733.34$1,506
May 2002044624.663.58$1,598
Apr 2002044723.653.51$1,570
Mar 2002047822.003.10$1,483
Feb 2002046818.222.38$1,112
Jan 2002054817.172.38$1,302
Dec 2001048416.932.36$1,144
Nov 2001053918.072.41$1,297
Oct 2001066019.782.53$1,669
Sep 2001051924.262.25$1,168
Aug 2001062224.873.05$1,899
Jul 2001067023.933.20$2,142
Jun 2001062924.563.82$2,405
May 2001058725.524.31$2,528
Apr 2001060324.685.34$3,217
Mar 2001062924.545.38$3,382
Feb 20010027.755.77$0
Jan 2001064527.478.40$5,417
Dec 2000066226.889.12$6,039
Nov 2000066332.215.66$3,751
Oct 2000067231.235.15$3,458
Sep 2000058731.875.19$3,044
Aug 2000071029.644.54$3,224
Jul 2000070228.534.09$2,871
Jun 2000066629.304.40$2,929
May 2000078327.263.68$2,881
Apr 2000079824.513.12$2,487
Mar 2000081928.422.86$2,342
Feb 2000077627.622.73$2,116
Jan 2000093825.272.48$2,327
Dec 199901,03224.282.42$2,501
Nov 1999098723.192.43$2,402
Oct 199901,07020.982.80$3,000
Sep 199901,07321.752.62$2,810
Aug 199901,18019.262.88$3,393
Jul 199901,17517.892.37$2,788
Jun 199901,14215.942.36$2,698
May 199901,20715.792.32$2,801
Apr 199901,30915.102.21$2,890
Mar 199901,36612.471.84$2,511
Feb 199901,6929.981.82$3,076
Jan 199901,81210.381.90$3,443
Dec 199801,7459.201.77$3,094
Nov 199801,88410.892.19$4,118
Oct 199801,96412.421.97$3,868
Sep 199801,97612.592.08$4,115
Aug 199802,03411.301.91$3,880
Jul 199802,26511.742.24$5,067
Jun 199802,41011.242.24$5,392
May 199802,52112.622.21$5,562
Apr 199802,46413.042.51$6,173
Mar 199802,62412.802.31$6,060
Feb 199802,42913.952.30$5,585
Jan 199802,64014.702.15$5,689
Dec 199702,85216.322.41$6,876
Nov 199702,78418.193.09$8,598
Oct 199702,94519.253.15$9,276
Sep 199702,82517.742.95$8,348
Aug 199703,15417.862.55$8,058
Jul 199703,19417.582.25$7,177
Jun 199703,19417.242.26$7,210
May 199702,87118.972.31$6,628
Apr 199702,86717.882.08$5,971
Mar 199712,91518.951.94$5,672
Feb 199712,81620.492.21$6,232
Jan 199703,24323.483.54$11,479
Dec 199623,69323.32$47
Nov 199603,13421.97$0
Oct 199605,04023.31$0
Sep 199601,66122.22$0
Aug 199607320.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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.

Nov 2005 — as filed, then multipliedworked
Condensate             1 bbl  × $ 54.69 =        $55
Gas                   73 Mcf  × $ 10.59 =       $773

────────────────────────────────────────────────────
Month total                                     $828

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/88229 is the state's own key, not one this site invented.