STATE TRACT 83

Operated by HUNT OIL COMPANY (P-5 416330) in the GOOSE ISLAND (C SD, LO.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8748District 04Field 35877150NGPA filingOilCasinghead gasSaveExport
Value, all time
$376 k
Jan 1993 – Feb 1997
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
50
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 10 wells, and the rule below applies to all of them.

Discovered
1976-03-10
as the register files it
Field class
Oil and 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 EFF. 5-1-82 PER AMENDMENT TO SWR 28 & 29

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
OilDisposition22,519 bbl$375,781
Casinghead gasProduction27,858 Mcf$0
Total$375,781

27,858 Mcf of this lease's gas, across 42 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 (3)

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 28.1276, -97.0108. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

28.12785, -97.01112 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
8,550 ft
3 wells filed one
Completion to plug
16.2 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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

Between 7,265 and 8,694 ft, median 8,550 ft, over the 3 wells that filed a depth.

Completions filed
Mar 1976 – Sep 1980
3 of 3 wells
Plug dates filed
Jun 1995 – Nov 1996
3 of 3 wells

Last completion to plug: a median of 16.2 years across the 3 wells that filed both dates, with the middle half between 16.0 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-007306433 L7,265 ftSep 1980Nov 1996Yes
42-0070013918,694 ftSep 1979Jun 1995Yes
42-0073017228,550 ftMar 1976Jun 1995Yes

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 (50)

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

50 months

Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996294021.97$6,459
Oct 199638023323.31$8,858
Sep 199636327422.22$8,066
Aug 199636732520.26$7,435
Jul 199654149319.55$10,577
Jun 199638872018.73$7,267
May 1996567019.43$11,017
Apr 1996570021.51$12,261
Mar 199676359619.38$14,787
Feb 199604116.98$0
Jan 199618550417.07$3,158
Dec 1995382017.19$6,567
Nov 199519632316.00$3,136
Oct 199595882015.43$14,782
Sep 199556564116.18$9,142
Aug 199556075915.92$8,915
Jul 199575840015.24$11,552
Jun 19950016.41$0
May 199555158817.56$9,676
Apr 19953711,11317.73$6,578
Mar 19953751,04816.44$6,165
Feb 19955921,01316.58$9,815
Jan 199557783415.92$9,186
Dec 19945741,17315.03$8,627
Nov 19943721,15215.90$5,915
Oct 19945891,40915.58$9,177
Sep 19945881,52115.29$8,991
Aug 19945771,18216.13$9,307
Jul 19945841,44917.56$10,255
Jun 199456394617.09$9,622
May 19945681,27815.88$9,020
Apr 199437879514.14$5,345
Mar 19945581,07212.46$6,953
Feb 199457649512.50$7,200
Jan 199458525612.66$7,406
Dec 1993576112.33$7,102
Nov 1993573114.49$8,303
Oct 19930115.85$0
Sep 1993574115.03$8,627
Aug 19931895015.66$2,960
Jul 199356878615.46$8,781
Jun 1993566116.79$9,503
May 19935761,21117.68$10,184
Apr 199357074018.05$10,289
Mar 199356473718.14$10,231
Feb 199355528017.90$9,935
Jan 199339359616.93$6,653

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 1996 — as filed, then multipliedworked
Oil                  294 bbl  × $ 21.97 =     $6,459
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $6,459

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/8748 is the state's own key, not one this site invented.