HILL "K"

Operated by 3TEC ENERGY CORPORATION (P-5 953592) in the EVANS LAKE, WEST (RODESSA, UP.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115254District 05Field 29677500NGPA filingCondensateGasSaveExport
Value, all time
$633 k
Jan 1993 – Jun 2003
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
126
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
1984-11-20
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: ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 10-1-94.

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
CondensateDisposition12,360 bbl$216,618
GasProduction448,538 Mcf$416,604
Total$633,222

297,997 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 31.7383, -95.9344. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73829, -95.93437 · 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
9,414 ft
1 wells filed one
Completion to plug
18.6 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 9,414 ft.

Completions filed
Nov 1984
1 of 1 wells
Plug dates filed
Jun 2003
1 of 1 wells

Last completion to plug: a median of 18.6 years across the 1 well that filed both dates, with the middle half between 18.6 years and 18.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16130949119,414 ftNov 1984Jun 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 (126)

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

126 months

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 2003015430.315.58$860
Dec 20020026.914.85$0
Nov 20020924.664.14$37
Oct 200205726.464.23$241
Sep 2002020027.443.64$727
Aug 20020825.963.16$25
Jul 2002025424.583.06$778
Jun 200214737923.733.34$4,754
May 2002030724.663.58$1,100
Apr 200202323.653.51$81
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001030616.932.36$724
Nov 2001031918.072.41$767
Oct 20010019.782.53$0
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 2001076227.478.40$6,400
Dec 20001871,23326.889.12$16,275
Nov 200002,99732.215.66$16,957
Oct 20001693,38631.235.15$22,701
Sep 200003,51931.875.19$18,251
Aug 200002,90629.644.54$13,195
Jul 2000019428.534.09$793
Jun 2000057129.304.40$2,511
May 20001913,05227.263.68$16,437
Apr 20001773,50024.513.12$15,244
Mar 200002,42628.422.86$6,938
Feb 200001,63327.622.73$4,452
Jan 200003,72125.272.48$9,230
Dec 19992023,31724.282.42$12,944
Nov 19992013,18423.192.43$12,411
Oct 199903,48820.982.80$9,779
Sep 199903,23221.752.62$8,464
Aug 19991903,97919.262.88$15,101
Jul 199902,77817.892.37$6,590
Jun 19991982,52115.942.36$9,111
May 199901,51315.792.32$3,512
Apr 19992042,17515.102.21$7,883
Mar 19991333,50412.471.84$8,100
Feb 199902,8979.981.82$5,266
Jan 19992034,65810.381.90$10,957
Dec 199803,7629.201.77$6,671
Nov 19981995,11410.892.19$13,345
Oct 199801,81612.421.97$3,576
Sep 199801,18012.592.08$2,457
Aug 199803,93811.301.91$7,511
Jul 19981945,18311.742.24$13,873
Jun 199802,87411.242.24$6,430
May 1998055012.622.21$1,213
Apr 199819624413.042.51$3,167
Mar 199813,44712.802.31$7,973
Feb 19981943,59613.952.30$10,974
Jan 199803,85314.702.15$8,302
Dec 19972023,91116.322.41$12,726
Nov 19972014,21818.193.09$16,682
Oct 199702,18819.253.15$6,892
Sep 19971984,21517.742.95$15,967
Aug 199713,31217.862.55$8,479
Jul 19971834,48117.582.25$13,286
Jun 199701,54317.242.26$3,483
May 199703,28018.972.31$7,572
Apr 19971774,91817.882.08$13,408
Mar 19971935,72618.951.94$14,761
Feb 19971922,52020.492.21$9,493
Jan 19971985,51023.483.54$24,153
Dec 199604,82523.32$0
Nov 19961665,56421.97$3,647
Oct 19961953,85423.31$4,545
Sep 199603,34322.22$0
Aug 19961974,49020.26$3,991
Jul 199604,84119.55$0
Jun 19961875,85218.73$3,503
May 19961766,09519.43$3,420
Apr 19961975,35321.51$4,237
Mar 19961964,73619.38$3,798
Feb 19962034,44816.98$3,447
Jan 199604,90917.07$0
Dec 19952037,01617.19$3,490
Nov 19952025,93616.00$3,232
Oct 199507,03115.43$0
Sep 19951937,41916.18$3,123
Aug 19951916,20515.92$3,041
Jul 19951844,60415.24$2,804
Jun 19951926,46016.41$3,151
May 19951946,99717.56$3,407
Apr 19951907,11917.73$3,369
Mar 19951935,95416.44$3,173
Feb 19951945,21216.58$3,217
Jan 19953758,69415.92$5,970
Dec 19941997,31115.03$2,991
Nov 199407,43215.90$0
Oct 19941515,82015.58$2,353
Sep 19940015.29$0
Aug 19941503,31616.13$2,420
Jul 19942747,72217.56$4,811
Jun 19941838,43117.09$3,127
May 19941786,24915.88$2,827
Apr 19943616,06214.14$5,105
Mar 199408,01312.46$0
Feb 19941956,84712.50$2,438
Jan 19941968,49912.66$2,481
Dec 19931945,70812.33$2,392
Nov 19931947,37214.49$2,811
Oct 19931947,98215.85$3,075
Sep 19931958,34415.03$2,931
Aug 19931927,39415.66$3,007
Jul 19931898,76215.46$2,922
Jun 199302,40216.79$0
May 19931915,52717.68$3,377
Apr 19931976,76818.05$3,556
Mar 19931949,04518.14$3,519
Feb 19931977,54917.90$3,526
Jan 19931778,48516.93$2,997

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.

Jan 2003 — as filed, then multipliedworked
Condensate             0 bbl  × $ 30.31 =         $0
Gas                  154 Mcf  × $  5.58 =       $860

────────────────────────────────────────────────────
Month total                                     $860

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. 05/G/115254 is the state's own key, not one this site invented.