HINNANT HEIRS

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the AVIATORS SOUTH (WILCOX 10600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 89841District 04Field 04509400NGPA filingCondensateGasSaveExport
Value, all time
$339 k
Jan 1993 – Apr 2003
Value, last 12 filed months
$350
at the published price for each month
Months reported
124
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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1977-07-24
as the register files it
Field class
Gas
the register's own label
Between wells
1,860 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 06/01/96.

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
CondensateDisposition756 bbl$12,874
GasProduction1,818,008 Mcf$326,395
Total$339,269

1,682,609 Mcf of this lease's gas, across 48 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 27.2606, -98.9845. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.26062, -98.98447 · 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
10,505 ft
1 wells filed one
Completion to plug
22.3 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 10,505 ft.

Completions filed
Aug 1980
1 of 1 wells
Plug dates filed
Nov 2002
1 of 1 wells

Last completion to plug: a median of 22.3 years across the 1 well that filed both dates, with the middle half between 22.3 years and 22.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50531213210,505 ftAug 1980Nov 2002Yes

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 (124)

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

124 months

Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 200213026.914.85$350
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 200193019.782.53$1,840
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000061731.235.15$3,175
Sep 2000073231.875.19$3,797
Aug 2000093429.644.54$4,241
Jul 2000079228.534.09$3,239
Jun 2000011029.304.40$484
May 2000036527.263.68$1,343
Apr 200001,16424.513.12$3,627
Mar 200001,29928.422.86$3,715
Feb 200001,21027.622.73$3,299
Jan 200001,01425.272.48$2,515
Dec 1999098524.282.42$2,387
Nov 199901,11923.192.43$2,724
Oct 199901,28920.982.80$3,614
Sep 199901,54221.752.62$4,038
Aug 199901,46819.262.88$4,221
Jul 199901,73017.892.37$4,104
Jun 199901,37015.942.36$3,236
May 199901,04915.792.32$2,435
Apr 199901,35815.102.21$2,999
Mar 1999081612.471.84$1,500
Feb 199905589.981.82$1,014
Jan 1999026810.381.90$509
Dec 199802,1009.201.77$3,724
Nov 199802,66810.892.19$5,832
Oct 199802,59912.421.97$5,118
Sep 199803,76712.592.08$7,845
Aug 199813,91111.301.91$7,471
Jul 199804,59211.742.24$10,274
Jun 199864,78811.242.24$10,779
May 199824,66112.622.21$10,309
Apr 199803,66813.042.51$9,190
Mar 199805,02012.802.31$11,593
Feb 199814,17313.952.30$9,608
Jan 199802,34014.702.15$5,042
Dec 199702,03916.322.41$4,916
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 199706,60817.862.55$16,882
Jul 199725,79717.582.25$13,061
Jun 199707,69917.242.26$17,378
May 199709,07718.972.31$20,954
Apr 199747,63117.882.08$15,965
Mar 199759,85118.951.94$19,197
Feb 1997010,22120.492.21$22,547
Jan 1997210,40023.483.54$36,860
Dec 1996210,30023.32$47
Nov 199601,95321.97$0
Oct 1996113,27323.31$23
Sep 1996113,33822.22$22
Aug 1996113,82620.26$20
Jul 1996016,98019.55$0
Jun 1996318,22818.73$56
May 1996120,58719.43$19
Apr 1996218,62821.51$43
Mar 1996823,20719.38$155
Feb 199618024,84416.98$3,056
Jan 1996226,52417.07$34
Dec 1995325,31817.19$52
Nov 1995124,92116.00$16
Oct 1995426,40415.43$62
Sep 1995125,40016.18$16
Aug 1995324,50815.92$48
Jul 1995130,56515.24$15
Jun 1995330,77616.41$49
May 1995132,83417.56$18
Apr 1995132,02017.73$18
Mar 1995233,15516.44$33
Feb 1995031,76116.58$0
Jan 1995435,28715.92$64
Dec 1994335,64815.03$45
Nov 1994135,28515.90$16
Oct 1994335,23715.58$47
Sep 1994234,87315.29$31
Aug 1994134,39016.13$16
Jul 1994335,98717.56$53
Jun 199419631,94017.09$3,350
May 1994142,61815.88$16
Apr 1994143,66214.14$14
Mar 1994245,99912.46$25
Feb 1994043,61312.50$0
Jan 1994049,13612.66$0
Dec 1993053,95612.33$0
Nov 1993053,34814.49$0
Oct 1993050,93215.85$0
Sep 199318955,66115.03$2,841
Aug 1993038,04915.66$0
Jul 1993037,76715.46$0
Jun 1993049,74116.79$0
May 1993065,60517.68$0
Apr 1993063,84318.05$0
Mar 1993066,38418.14$0
Feb 1993058,34617.90$0
Jan 1993065,95216.93$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.

Dec 2002 — as filed, then multipliedworked
Condensate            13 bbl  × $ 26.91 =       $350
Gas                    0 Mcf  × $  4.85 =         $0

────────────────────────────────────────────────────
Month total                                     $350

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/89841 is the state's own key, not one this site invented.