HUNT UNIT

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

Operated by PHILLIPS ENERGY, INC. (P-5 663478) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145826District 06Field 160321742 tax incentive programmesGasSave Export

Value, all time

$109 k

Mar 1993 – May 2005

Value, last 12 filed months

$8 k

at the published price for each month

Months reported

147

no gaps in the span

Streams

gas

The CARTHAGE (COTTON VALLEY) 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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered

1968-05-01

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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: “FIELD. EFFECTIVE 4/12/16.”

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
High Cost Gas	1	1	1993-08-19	127485
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
Gas	Production	159,734 Mcf	$108,742
Total			$108,742

129,591 Mcf of this lease's gas, across 43 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 32.1084, -94.2865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.10835, -94.28647 · 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

100.0%

1 of 1 wells

Median depth

9,352 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

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 9,352 ft.

Plug dates filed

May 2005

1 of 1 wells

1 well


42-36532705	2C	9,352 ft	—	May 2005	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 (147)

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

147 months


May 2005	0	45.22	6.65	$0
Apr 2005	189	49.20	7.36	$1,391
Mar 2005	113	50.37	7.15	$809
Feb 2005	123	45.22	6.31	$776
Jan 2005	120	43.16	6.32	$759
Dec 2004	106	39.86	6.75	$716
Nov 2004	128	45.28	6.33	$810
Oct 2004	68	49.70	6.52	$443
Sep 2004	77	43.24	5.28	$407
Aug 2004	81	42.37	5.55	$450
Jul 2004	79	38.28	6.08	$481
Jun 2004	90	36.10	6.43	$579
May 2004	81	37.48	6.49	$526
Apr 2004	112	34.47	5.86	$656
Mar 2004	84	34.36	5.53	$465
Feb 2004	70	32.45	5.51	$386
Jan 2004	109	32.03	6.30	$687
Dec 2003	109	30.26	6.30	$687
Nov 2003	106	28.80	4.60	$487
Oct 2003	116	28.17	4.76	$552
Sep 2003	109	26.31	4.75	$518
Aug 2003	111	29.76	5.13	$569
Jul 2003	107	29.41	5.17	$553
Jun 2003	74	28.56	5.98	$443
May 2003	135	26.59	5.97	$806
Apr 2003	179	26.67	5.41	$968
Mar 2003	102	31.14	6.10	$622
Feb 2003	81	33.48	7.93	$642
Jan 2003	111	30.31	5.58	$620
Dec 2002	68	26.91	4.85	$330
Nov 2002	357	24.66	4.14	$1,477
Oct 2002	686	26.46	4.23	$2,901
Sep 2002	643	27.44	3.64	$2,337
Aug 2002	549	25.96	3.16	$1,737
Jul 2002	239	24.58	3.06	$732
Jun 2002	226	23.73	3.34	$754
May 2002	215	24.66	3.58	$771
Apr 2002	1,145	23.65	3.51	$4,022
Mar 2002	1,016	22.00	3.10	$3,152
Feb 2002	817	18.22	2.38	$1,941
Jan 2002	296	17.17	2.38	$703
Dec 2001	310	16.93	2.36	$733
Nov 2001	260	18.07	2.41	$625
Oct 2001	326	19.78	2.53	$824
Sep 2001	555	24.26	2.25	$1,249
Aug 2001	194	24.87	3.05	$592
Jul 2001	278	23.93	3.20	$889
Jun 2001	219	24.56	3.82	$837
May 2001	159	25.52	4.31	$685
Apr 2001	152	24.68	5.34	$811
Mar 2001	46	24.54	5.38	$247
Feb 2001	234	27.75	5.77	$1,350
Jan 2001	545	27.47	8.40	$4,577
Dec 2000	852	26.88	9.12	$7,772
Nov 2000	804	32.21	5.66	$4,549
Oct 2000	399	31.23	5.15	$2,053
Sep 2000	417	31.87	5.19	$2,163
Aug 2000	344	29.64	4.54	$1,562
Jul 2000	315	28.53	4.09	$1,288
Jun 2000	327	29.30	4.40	$1,438
May 2000	354	27.26	3.68	$1,303
Apr 2000	415	24.51	3.12	$1,293
Mar 2000	226	28.42	2.86	$646
Feb 2000	897	27.62	2.73	$2,446
Jan 2000	422	25.27	2.48	$1,047
Dec 1999	405	24.28	2.42	$982
Nov 1999	285	23.19	2.43	$694
Oct 1999	190	20.98	2.80	$533
Sep 1999	327	21.75	2.62	$856
Aug 1999	254	19.26	2.88	$730
Jul 1999	757	17.89	2.37	$1,796
Jun 1999	944	15.94	2.36	$2,230
May 1999	54	15.79	2.32	$125
Apr 1999	99	15.10	2.21	$219
Mar 1999	90	12.47	1.84	$165
Feb 1999	82	9.98	1.82	$149
Jan 1999	116	10.38	1.90	$220
Dec 1998	183	9.20	1.77	$325
Nov 1998	82	10.89	2.19	$179
Oct 1998	164	12.42	1.97	$323
Sep 1998	218	12.59	2.08	$454
Aug 1998	0	11.30	1.91	$0
Jul 1998	272	11.74	2.24	$609
Jun 1998	209	11.24	2.24	$468
May 1998	422	12.62	2.21	$931
Apr 1998	968	13.04	2.51	$2,425
Mar 1998	141	12.80	2.31	$326
Feb 1998	132	13.95	2.30	$303
Jan 1998	524	14.70	2.15	$1,129
Dec 1997	166	16.32	2.41	$400
Nov 1997	141	18.19	3.09	$435
Oct 1997	294	19.25	3.15	$926
Sep 1997	1,020	17.74	2.95	$3,014
Aug 1997	1,139	17.86	2.55	$2,910
Jul 1997	228	17.58	2.25	$512
Jun 1997	424	17.24	2.26	$957
May 1997	751	18.97	2.31	$1,734
Apr 1997	280	17.88	2.08	$583
Mar 1997	98	18.95	1.94	$190
Feb 1997	131	20.49	2.21	$289
Jan 1997	276	23.48	3.54	$977
Dec 1996	998	23.32	—	$0
Nov 1996	999	21.97	—	$0
Oct 1996	1,851	23.31	—	$0
Sep 1996	1,204	22.22	—	$0
Aug 1996	1,104	20.26	—	$0
Jul 1996	84	19.55	—	$0
Jun 1996	143	18.73	—	$0
May 1996	103	19.43	—	$0
Apr 1996	10	21.51	—	$0
Mar 1996	72	19.38	—	$0
Feb 1996	36	16.98	—	$0
Jan 1996	328	17.07	—	$0
Dec 1995	118	17.19	—	$0
Nov 1995	1,018	16.00	—	$0
Oct 1995	1,201	15.43	—	$0
Sep 1995	535	16.18	—	$0
Aug 1995	498	15.92	—	$0
Jul 1995	998	15.24	—	$0
Jun 1995	1,349	16.41	—	$0
May 1995	1,071	17.56	—	$0
Apr 1995	1,394	17.73	—	$0
Mar 1995	0	16.44	—	$0
Feb 1995	0	16.58	—	$0
Jan 1995	189	15.92	—	$0
Dec 1994	178	15.03	—	$0
Nov 1994	116	15.90	—	$0
Oct 1994	52	15.58	—	$0
Sep 1994	448	15.29	—	$0
Aug 1994	5,536	16.13	—	$0
Jul 1994	4,513	17.56	—	$0
Jun 1994	5,013	17.09	—	$0
May 1994	4,717	15.88	—	$0
Apr 1994	4,576	14.14	—	$0
Mar 1994	5,000	12.46	—	$0
Feb 1994	5,995	12.50	—	$0
Jan 1994	6,303	12.66	—	$0
Dec 1993	7,068	12.33	—	$0
Nov 1993	5,542	14.49	—	$0
Oct 1993	5,646	15.85	—	$0
Sep 1993	7,034	15.03	—	$0
Aug 1993	7,135	15.66	—	$0
Jul 1993	13,242	15.46	—	$0
Jun 1993	14,963	16.79	—	$0
May 1993	8,836	17.68	—	$0
Apr 1993	2,375	18.05	—	$0
Mar 1993	0	18.14	—	$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.

Apr 2005 — as filed, then multipliedworked

Gas                  189 Mcf  × $  7.36 =     $1,391

────────────────────────────────────────────────────
Month total                                   $1,391

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/145826 is the state's own key, not one this site invented.