HORAK HCX1 A

Operated by WILDFIRE ENERGY OPERATING LLC (P-5 923444) in the AGUILA VADO (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4478District 05Field 00870500OilCasinghead gasSaveExport
Value, all time
$16.7 M
Jul 2024 – May 2026
Value, last 12 filed months
$5.9 M
at the published price for each month
Months reported
23
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 199 leases and 351 wells, and the rule below applies to all of them.

Discovered
2009-12-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-01-07.

The Commission's schedule remark for this field reads: 1/7/19 FIELD CHANGED TO 49B PER ENGINEERING DEPARTMENT.

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
OilDisposition236,795 bbl$16,453,098
Casinghead gasProduction79,023 Mcf$262,927
Total$16,716,024

Every month this lease reported (23)

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

23 months

May 20265,8322,610106.413.05$628,533
Apr 20265,6822,66598.932.87$569,768
Mar 20266,0402,65189.753.15$550,439
Feb 20265,8772,31463.503.75$381,868
Jan 20266,4722,70159.138.00$404,292
Dec 20256,7572,44256.664.41$393,629
Nov 20256,9412,40958.593.93$416,132
Oct 20258,2072,25959.383.30$494,797
Sep 20256,7471,44362.743.08$427,747
Aug 20257,9872,04763.933.01$516,780
Jul 20258,4253,28966.743.32$573,188
Jun 20258,3302,97366.483.13$563,080
May 20259,5853,02660.553.23$590,153
Apr 20259,7513,26762.363.54$619,648
Mar 202511,1853,25267.704.27$771,105
Feb 202510,4624,00670.884.34$758,936
Jan 202514,2085,46074.324.28$1,079,300
Dec 202416,7466,23068.993.12$1,174,753
Nov 202418,9625,70969.052.20$1,321,877
Oct 202425,6397,91471.372.28$1,847,910
Sep 202431,1199,21269.612.36$2,187,974
Aug 20245,8411,14475.632.06$444,116
Jul 20240079.932.15$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.

May 2026 — as filed, then multipliedworked
Oil                5,832 bbl  × $106.41 =   $620,583
Casinghead gas     2,610 Mcf  × $  3.05 =     $7,950

────────────────────────────────────────────────────
Month total                                 $628,533

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/O/4478 is the state's own key, not one this site invented.