HOUTCHENS

Name: HOUTCHENS lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KAISER-FRANCIS OIL COMPANY (P-5 450175) in the GOOD SPRINGS (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103752District 06Field 35800750NGPA filingCondensateGasSave Export

Value, all time

$252 k

Jan 1993 – Jun 2003

Value, last 12 filed months

$29 k

at the published price for each month

Months reported

126

no gaps in the span

Streams

condensate, gas

The GOOD SPRINGS (TRAVIS PEAK) field

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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered

1982-03-16

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-02-07.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED ADMINISTRATIVELY EFF. 12-1-94.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,809 bbl	$38,918
Gas	Production	147,703 Mcf	$213,245
Total			$252,164

75,364 Mcf of this lease's gas, across 48 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 32.0909, -94.9774. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.09095, -94.97740 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

12,305 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 12,305 ft.

Completions filed

Jan 2003

1 of 1 wells

1 well


42-40131454	1	12,305 ft	Jan 2003	—	Yes

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 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	137	0	33.48	7.93	$4,587
Jan 2003	217	513	30.31	5.58	$9,441
Dec 2002	0	773	26.91	4.85	$3,752
Nov 2002	0	729	24.66	4.14	$3,016
Oct 2002	0	702	26.46	4.23	$2,969
Sep 2002	0	677	27.44	3.64	$2,461
Aug 2002	0	394	25.96	3.16	$1,247
Jul 2002	0	474	24.58	3.06	$1,451
Jun 2002	0	608	23.73	3.34	$2,030
May 2002	0	671	24.66	3.58	$2,405
Apr 2002	0	680	23.65	3.51	$2,388
Mar 2002	0	765	22.00	3.10	$2,374
Feb 2002	0	700	18.22	2.38	$1,663
Jan 2002	0	805	17.17	2.38	$1,912
Dec 2001	0	876	16.93	2.36	$2,071
Nov 2001	0	816	18.07	2.41	$1,963
Oct 2001	0	834	19.78	2.53	$2,109
Sep 2001	0	890	24.26	2.25	$2,004
Aug 2001	0	735	24.87	3.05	$2,244
Jul 2001	0	877	23.93	3.20	$2,804
Jun 2001	0	858	24.56	3.82	$3,281
May 2001	0	890	25.52	4.31	$3,834
Apr 2001	137	869	24.68	5.34	$8,018
Mar 2001	0	899	24.54	5.38	$4,833
Feb 2001	0	811	27.75	5.77	$4,677
Jan 2001	0	696	27.47	8.40	$5,846
Dec 2000	0	78	26.88	9.12	$712
Nov 2000	0	320	32.21	5.66	$1,811
Oct 2000	0	759	31.23	5.15	$3,905
Sep 2000	0	945	31.87	5.19	$4,901
Aug 2000	0	827	29.64	4.54	$3,755
Jul 2000	0	1,012	28.53	4.09	$4,139
Jun 2000	179	1,085	29.30	4.40	$10,016
May 2000	0	1,158	27.26	3.68	$4,261
Apr 2000	0	1,167	24.51	3.12	$3,636
Mar 2000	0	1,252	28.42	2.86	$3,580
Feb 2000	0	1,322	27.62	2.73	$3,604
Jan 2000	0	1,325	25.27	2.48	$3,287
Dec 1999	0	1,512	24.28	2.42	$3,665
Nov 1999	0	1,632	23.19	2.43	$3,972
Oct 1999	125	2,134	20.98	2.80	$8,606
Sep 1999	0	374	21.75	2.62	$979
Aug 1999	0	500	19.26	2.88	$1,438
Jul 1999	0	425	17.89	2.37	$1,008
Jun 1999	130	508	15.94	2.36	$3,272
May 1999	0	280	15.79	2.32	$650
Apr 1999	0	303	15.10	2.21	$669
Mar 1999	0	311	12.47	1.84	$572
Feb 1999	71	414	9.98	1.82	$1,461
Jan 1999	0	1,364	10.38	1.90	$2,592
Dec 1998	0	722	9.20	1.77	$1,280
Nov 1998	30	1,413	10.89	2.19	$3,415
Oct 1998	0	1,104	12.42	1.97	$2,174
Sep 1998	0	1,793	12.59	2.08	$3,734
Aug 1998	0	1,310	11.30	1.91	$2,499
Jul 1998	0	1,868	11.74	2.24	$4,179
Jun 1998	0	2,358	11.24	2.24	$5,275
May 1998	0	1,605	12.62	2.21	$3,541
Apr 1998	0	980	13.04	2.51	$2,455
Mar 1998	0	1,697	12.80	2.31	$3,919
Feb 1998	0	2,109	13.95	2.30	$4,849
Jan 1998	0	1,731	14.70	2.15	$3,730
Dec 1997	0	825	16.32	2.41	$1,989
Nov 1997	0	892	18.19	3.09	$2,755
Oct 1997	0	1,443	19.25	3.15	$4,545
Sep 1997	0	1,236	17.74	2.95	$3,652
Aug 1997	0	844	17.86	2.55	$2,156
Jul 1997	227	1,180	17.58	2.25	$6,642
Jun 1997	0	1,350	17.24	2.26	$3,047
May 1997	0	1,619	18.97	2.31	$3,737
Apr 1997	0	1,534	17.88	2.08	$3,195
Mar 1997	0	1,041	18.95	1.94	$2,019
Feb 1997	0	1,097	20.49	2.21	$2,420
Jan 1997	0	1,039	23.48	3.54	$3,678
Dec 1996	0	1,066	23.32	—	$0
Nov 1996	0	1,105	21.97	—	$0
Oct 1996	0	1,367	23.31	—	$0
Sep 1996	0	1,050	22.22	—	$0
Aug 1996	0	1,282	20.26	—	$0
Jul 1996	0	1,186	19.55	—	$0
Jun 1996	0	1,145	18.73	—	$0
May 1996	0	1,116	19.43	—	$0
Apr 1996	0	981	21.51	—	$0
Mar 1996	183	1,012	19.38	—	$3,547
Feb 1996	0	1,096	16.98	—	$0
Jan 1996	0	1,050	17.07	—	$0
Dec 1995	0	1,439	17.19	—	$0
Nov 1995	0	1,479	16.00	—	$0
Oct 1995	0	1,365	15.43	—	$0
Sep 1995	0	1,189	16.18	—	$0
Aug 1995	0	1,254	15.92	—	$0
Jul 1995	0	1,808	15.24	—	$0
Jun 1995	0	2,602	16.41	—	$0
May 1995	0	1,839	17.56	—	$0
Apr 1995	0	1,556	17.73	—	$0
Mar 1995	0	1,776	16.44	—	$0
Feb 1995	0	1,531	16.58	—	$0
Jan 1995	0	2,097	15.92	—	$0
Dec 1994	0	1,482	15.03	—	$0
Nov 1994	0	1,570	15.90	—	$0
Oct 1994	189	956	15.58	—	$2,945
Sep 1994	0	1,758	15.29	—	$0
Aug 1994	0	1,988	16.13	—	$0
Jul 1994	0	1,988	17.56	—	$0
Jun 1994	0	2,171	17.09	—	$0
May 1994	0	1,775	15.88	—	$0
Apr 1994	0	1,443	14.14	—	$0
Mar 1994	0	1,515	12.46	—	$0
Feb 1994	0	1,305	12.50	—	$0
Jan 1994	0	1,332	12.66	—	$0
Dec 1993	0	1,484	12.33	—	$0
Nov 1993	0	1,622	14.49	—	$0
Oct 1993	184	2,597	15.85	—	$2,916
Sep 1993	0	2,444	15.03	—	$0
Aug 1993	0	2,373	15.66	—	$0
Jul 1993	0	2,654	15.46	—	$0
Jun 1993	0	1,062	16.79	—	$0
May 1993	0	1,090	17.68	—	$0
Apr 1993	0	1,678	18.05	—	$0
Mar 1993	0	1,927	18.14	—	$0
Feb 1993	0	1,984	17.90	—	$0
Jan 1993	0	1,775	16.93	—	$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.

Feb 2003 — as filed, then multipliedworked

Condensate           137 bbl  × $ 33.48 =     $4,587
Gas                    0 Mcf  × $  7.93 =         $0

────────────────────────────────────────────────────
Month total                                   $4,587

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. 06/G/103752 is the state's own key, not one this site invented.