HINNANT "SUR 307"

Operated by KILLAM OIL CO., LTD. (P-5 460054) in the AVIATORS S. (9450) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 98352District 04Field 04509780NGPA filingCondensateGasSaveExport
Value, all time
$351 k
Jan 1993 – Mar 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
207
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1982-02-26
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: AOF-1 AND AOF-2 EFFECTIVE 04/01/2002.

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
CondensateDisposition2,222 bbl$40,852
GasProduction1,327,468 Mcf$310,376
Total$351,227

1,206,516 Mcf of this lease's gas, across 47 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 27.2405, -98.9943. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.24049, -98.99433 · 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
11,000 ft
1 wells filed one
Completion to plug
28.1 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 11,000 ft.

Completions filed
Feb 1982
1 of 1 wells
Plug dates filed
Mar 2010
1 of 1 wells

Last completion to plug: a median of 28.1 years across the 1 well that filed both dates, with the middle half between 28.1 years and 28.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-50531428C 111,000 ftFeb 1982Mar 2010Yes

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 (207)

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

207 months

Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
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 20010019.782.53$0
Sep 20010024.262.25$0
Aug 2001016224.873.05$495
Jul 2001017923.933.20$572
Jun 2001010924.563.82$417
May 20011726925.524.31$1,593
Apr 2001029324.685.34$1,563
Mar 20011028124.545.38$1,756
Feb 2001818927.755.77$1,312
Jan 2001519527.478.40$1,775
Dec 2000814726.889.12$1,556
Nov 2000022632.215.66$1,279
Oct 20001134631.235.15$2,124
Sep 2000633031.875.19$1,903
Aug 2000733629.644.54$1,733
Jul 200015728.534.09$262
Jun 20001028129.304.40$1,529
May 2000046027.263.68$1,693
Apr 200046824.513.12$310
Mar 2000421028.422.86$714
Feb 2000621127.622.73$741
Jan 2000043125.272.48$1,069
Dec 1999024524.282.42$594
Nov 1999025123.192.43$611
Oct 1999037120.982.80$1,040
Sep 1999037121.752.62$972
Aug 1999071819.262.88$2,065
Jul 1999013717.892.37$325
Jun 1999024215.942.36$572
May 1999018015.792.32$418
Apr 1999091915.102.21$2,029
Mar 199901,04312.471.84$1,917
Feb 199909839.981.82$1,787
Jan 199901,32810.381.90$2,523
Dec 199801,5609.201.77$2,766
Nov 199813,33210.892.19$7,294
Oct 1998078412.421.97$1,544
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998065613.042.51$1,644
Mar 199803,60412.802.31$8,323
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 1997188,28719.253.15$26,449
Sep 19971019,48817.742.95$29,828
Aug 1997459,94917.862.55$26,221
Jul 1997529,31017.582.25$21,833
Jun 1997209,13817.242.26$20,971
May 1997139,64918.972.31$22,521
Apr 19971199,14317.882.08$21,171
Mar 199713710,92418.951.94$23,779
Feb 199719011,04620.492.21$28,259
Jan 19976712,51423.483.54$45,869
Dec 19965813,48723.32$1,353
Nov 19964814,90721.97$1,055
Oct 19963916,36323.31$909
Sep 19962422,14422.22$533
Aug 19964121,82420.26$831
Jul 19961711,02719.55$332
Jun 19960018.73$0
May 19962013,60619.43$389
Apr 199664,08421.51$129
Mar 19962516,59519.38$485
Feb 19968121,97416.98$1,375
Jan 19966224,69117.07$1,058
Dec 19954622,69617.19$791
Nov 19952113,12116.00$336
Oct 19958819,60515.43$1,358
Sep 19951918,17916.18$307
Aug 19954118,37415.92$653
Jul 19951818,47615.24$274
Jun 19952210,70916.41$361
May 199586,59517.56$140
Apr 199519,30917.73$18
Mar 19951410,10516.44$230
Feb 199549,98016.58$66
Jan 1995119,72815.92$175
Dec 199421211,78115.03$3,186
Nov 1994811,30115.90$127
Oct 199489,75215.58$125
Sep 1994610,39515.29$92
Aug 199429,90816.13$32
Jul 199432,20417.56$53
Jun 1994166517.09$17
May 19941625,73015.88$254
Apr 19941331,85014.14$184
Mar 19941834,12812.46$224
Feb 1994034,31712.50$0
Jan 1994635,06412.66$76
Dec 1993026,77712.33$0
Nov 1993035,33814.49$0
Oct 1993050,11515.85$0
Sep 1993054,94815.03$0
Aug 199317941,00115.66$2,803
Jul 1993035,30615.46$0
Jun 1993052,04916.79$0
May 1993070,40617.68$0
Apr 199317668,49518.05$3,177
Mar 1993073,58718.14$0
Feb 1993062,75017.90$0
Jan 1993071,07016.93$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.

Aug 2001 — as filed, then multipliedworked
Condensate             0 bbl  × $ 24.87 =         $0
Gas                  162 Mcf  × $  3.05 =       $495

────────────────────────────────────────────────────
Month total                                     $495

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/98352 is the state's own key, not one this site invented.