GODWIN, J.W.

Operated by HEC PETROLEUM, INC. (P-5 370620) in the TAFT (4900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12262District 04Field 88119660OilCasinghead gasSaveExport
Value, all time
$539 k
Jul 1993 – Apr 2004
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
130
no gaps in the span
Streams
2
oil, casinghead 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 29 wells, and the rule below applies to all of them.

Discovered
1968-09-01
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 10 acres.

The Commission's schedule remark for this field reads: FIELD EFF. 8-20-68.

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
OilDisposition29,130 bbl$504,107
Casinghead gasProduction37,176 Mcf$34,511
Total$538,618

26,140 Mcf of this lease's gas, across 32 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 28.0328, -97.3744. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03282, -97.37444 · 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
5,900 ft
1 wells filed one
Completion to plug
11.8 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 5,900 ft.

Completions filed
Mar 1992
1 of 1 wells
Plug dates filed
Dec 2003
1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-40931969125,900 ftMar 1992Dec 2003Yes

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 (130)

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

130 months

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 200349026.314.75$1,289
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 200237026.914.85$996
Nov 20020024.664.14$0
Oct 2002011126.464.23$469
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200212752724.583.06$4,735
Jun 200212543523.733.34$4,418
May 2002024224.663.58$867
Apr 200224632123.653.51$6,945
Mar 200212423722.003.10$3,463
Feb 200231642818.222.38$6,774
Jan 200231852517.172.38$6,707
Dec 2001490016.932.36$8,296
Nov 2001162018.072.41$2,927
Oct 2001160019.782.53$3,165
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 2001310024.563.82$7,614
May 20010025.524.31$0
Apr 20013161,22024.685.34$14,308
Mar 20013141,48524.545.38$15,690
Feb 20011742227.755.77$4,955
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200090031.875.19$2,868
Aug 200072029.644.54$2,134
Jul 200068028.534.09$1,940
Jun 200073029.304.40$2,139
May 200068027.263.68$1,854
Apr 200065024.513.12$1,593
Mar 20000028.422.86$0
Feb 2000162027.622.73$4,474
Jan 2000162025.272.48$4,094
Dec 1999181024.282.42$4,395
Nov 19990023.192.43$0
Oct 1999158020.982.80$3,315
Sep 1999336021.752.62$7,308
Aug 1999177019.262.88$3,409
Jul 1999307017.892.37$5,492
Jun 1999345015.942.36$5,499
May 1999326015.792.32$5,148
Apr 1999167015.102.21$2,522
Mar 1999306012.471.84$3,816
Feb 199930909.981.82$3,084
Jan 1999142010.381.90$1,474
Dec 199830109.201.77$2,769
Nov 1998159010.892.19$1,732
Oct 1998451012.421.97$5,601
Sep 1998144012.592.08$1,813
Aug 199830728411.301.91$4,011
Jul 1998336011.742.24$3,945
Jun 1998332011.242.24$3,732
May 19981732,03712.622.21$6,678
Apr 19980013.042.51$0
Mar 199821012.802.31$269
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997122017.862.55$2,179
Jul 1997293017.582.25$5,151
Jun 1997297017.242.26$5,120
May 1997302018.972.31$5,729
Apr 199715078617.882.08$4,319
Mar 19974652,32518.951.94$13,320
Feb 19970020.492.21$0
Jan 19971325123.483.54$3,280
Dec 19964719123.32$10,984
Nov 1996476021.97$10,458
Oct 1996301023.31$7,016
Sep 1996604022.22$13,421
Aug 1996166020.26$3,363
Jul 1996292019.55$5,709
Jun 1996275018.73$5,151
May 199642434219.43$8,238
Apr 199662344321.51$13,401
Mar 19964621,59919.38$8,954
Feb 19965791,40116.98$9,831
Jan 19966291,73017.07$10,737
Dec 19954541,30317.19$7,804
Nov 19957852,12316.00$12,560
Oct 19956532,06815.43$10,076
Sep 19956232,42116.18$10,080
Aug 19957544,29515.92$12,004
Jul 19958211,49715.24$12,512
Jun 19956601,47116.41$10,831
May 199561311117.56$10,764
Apr 1995319017.73$5,656
Mar 199594633316.44$15,552
Feb 199547024016.58$7,793
Jan 199571718215.92$11,415
Dec 19943903215.03$5,862
Nov 19943221015.90$509
Oct 19940015.58$0
Sep 19940015.29$0
Aug 1994179016.13$2,887
Jul 199433786317.56$5,918
Jun 199419027017.09$3,247
May 199431851115.88$5,050
Apr 199451944114.14$7,339
Mar 199443034812.46$5,358
Feb 199476249712.50$9,525
Jan 199494867312.66$12,002
Dec 199323119512.33$2,848
Nov 19931515714.49$2,188
Oct 1993992115.85$1,569
Sep 199310822915.03$1,623
Aug 199313810615.66$2,161
Jul 19934143715.46$6,400

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 2003 — as filed, then multipliedworked
Oil                   49 bbl  × $ 26.31 =     $1,289
Casinghead gas         0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                   $1,289

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/O/12262 is the state's own key, not one this site invented.