NEW HOPE DEEP UNIT

Operated by J.P. OIL COMPANY, INC. (P-5 427858) in the NEW HOPE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 163861District 06Field 651572502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Mar 1997 – May 2026
Value, last 12 filed months
$174
at the published price for each month
Months reported
351
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1997-03-28
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 2016-02-03.

The Commission's schedule remark for this field reads: BEGIN WITH THE FIRST SEMI-ANNUAL G-10 TEST PERIOD.

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
High Cost Gas111997-08-21137057
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
CondensateDisposition27,243 bbl$1,152,586
GasProduction303,127 Mcf$1,050,184
Total$2,202,770

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 33.0325, -95.1887. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03254, -95.18873 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,485 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
00.0%
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.
1100.0%

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 10,485 ft.

Completions filed
Apr 1997
1 of 1 wells

1 well

42-1593050149 D10,485 ftApr 1997

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 (351)

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

351 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20251056.664.41$57
Nov 20252058.593.93$117
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20241079.932.15$80
Jun 20241078.082.63$78
May 202414078.812.20$1,103
Apr 202410084.451.66$845
Mar 2024261080.301.55$2,103
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20222084.888.16$170
Aug 20228094.529.13$756
Jul 202205101.587.54$38
Jun 202200115.097.98$0
May 202220109.378.43$219
Apr 2022110104.226.84$1,146
Mar 202210108.885.08$109
Feb 20224091.054.86$364
Jan 202293481.844.54$891
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20218079.795.71$638
Sep 2021355569.865.35$2,739
Aug 20210066.024.22$0
Jul 20211070.783.98$71
Jun 202142969.493.38$376
May 20213063.483.02$190
Apr 202183560.362.76$579
Mar 202101461.302.72$38
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20201044.642.68$45
Nov 20207038.772.71$271
Oct 202092936.972.48$405
Sep 2020385637.091.99$1,521
Aug 20201039.982.39$40
Jul 20205038.371.83$192
Jun 202074634.901.69$322
May 20200016.921.81$0
Apr 20201014.751.80$15
Mar 202061130.341.86$202
Feb 202010849.881.98$515
Jan 202076457.252.09$535
Dec 2019131359.012.30$797
Nov 2019108255.302.75$779
Oct 20191053.472.42$53
Sep 20197055.052.66$385
Aug 2019135653.112.30$819
Jul 2019161256.272.46$930
Jun 2019287452.782.49$1,662
May 201975058.482.74$546
Apr 2019235462.632.75$1,589
Mar 201979156.803.06$676
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 201815046.594.19$699
Nov 20181414652.934.24$1,360
Oct 2018195761.443.40$1,361
Sep 201822159.543.11$1,313
Aug 201817559.403.07$289
Jul 201879265.142.93$726
Jun 20184060.183.08$241
May 2018407165.382.90$2,821
Apr 201803863.842.90$110
Mar 20180061.222.79$0
Feb 201822061.782.77$1,359
Jan 20181613862.874.01$1,559
Dec 2017016157.272.92$470
Nov 201707255.423.12$225
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017010545.373.00$315
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 201711045.373.26$499
Apr 201702147.933.21$67
Mar 201706246.772.98$185
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201605648.763.72$208
Nov 2016010142.492.64$267
Oct 201654646.193.09$373
Sep 20161738341.553.10$1,894
Aug 2016012041.442.92$351
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20161911742.521.99$1,041
Apr 20160036.561.99$0
Mar 2016030333.011.79$544
Feb 20160026.472.06$0
Jan 2016918627.352.36$686
Dec 20150032.362.00$0
Nov 201507238.792.17$156
Oct 20153514943.552.43$1,886
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015164848.152.95$912
Jun 2015209056.152.88$1,382
May 201508055.212.96$236
Apr 201508949.822.71$241
Mar 201507342.892.93$214
Feb 20150044.662.98$0
Jan 20154522143.433.10$2,640
Dec 20140054.693.59$0
Nov 2014011970.464.25$506
Oct 2014022578.303.90$878
Sep 2014015886.164.05$639
Aug 201409289.394.04$371
Jul 2014016496.564.18$685
Jun 201403698.164.74$171
May 2014030894.734.73$1,456
Apr 2014033995.944.81$1,630
Mar 20140095.895.06$0
Feb 20143815697.406.19$4,667
Jan 2014136190.404.86$1,472
Dec 201304291.824.35$183
Nov 20130088.853.74$0
Oct 20131028997.423.78$2,066
Sep 201300104.113.72$0
Aug 2013435104.253.52$540
Jul 20130182102.523.72$677
Jun 20130094.403.93$0
May 201309994.834.15$411
Apr 20130093.964.28$0
Mar 2013015193.623.91$591
Feb 2013011891.233.42$404
Jan 20133537391.603.42$4,482
Dec 2012230186.773.42$1,203
Nov 2012012586.953.62$453
Oct 2012029589.383.40$1,003
Sep 20122755294.672.92$4,167
Aug 2012055592.662.91$1,614
Jul 20123185.133.02$258
Jun 2012376079.822.52$2,154
May 20121824791.612.49$2,264
Apr 201224357101.652.00$3,152
Mar 201240495105.052.22$5,302
Feb 201243619101.102.57$5,938
Jan 20125769698.092.73$7,494
Dec 20111571,53296.873.24$20,172
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20115098.134.40$491
Apr 2011651,038105.964.33$11,385
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 201011173.684.42$815
Jul 20100072.554.74$0
Jun 2010920870.364.91$1,655
May 2010701,08971.124.24$9,591
Apr 2010831,10581.694.12$11,336
Mar 2010871,44378.394.39$13,153
Feb 2010691,11873.585.44$11,162
Jan 2010541,01374.365.96$10,057
Dec 2009731,05671.445.48$11,006
Nov 2009761,60174.593.75$11,675
Oct 20091923,43572.544.11$28,046
Sep 20091804,71765.543.06$26,254
Aug 20092065,05367.423.22$30,152
Jul 20092093,97761.133.46$26,554
Jun 20092373,33266.163.90$28,658
May 20092865,11654.743.93$35,740
Apr 20092494,05246.773.59$26,182
Mar 20091,8173,27642.144.06$89,866
Feb 20091,9824,07432.814.63$83,904
Jan 20092,5083,53335.865.37$108,913
Dec 20082,3528,75937.105.98$139,613
Nov 2008938555.496.86$5,744
Oct 200826821275.246.92$21,632
Sep 2008433252101.767.88$46,047
Aug 2008378255114.228.48$45,338
Jul 20087846131.0811.39$10,748
Jun 20086427131.3313.03$8,757
May 20086323123.1711.57$8,026
Apr 20084520110.3110.45$5,173
Mar 20084822101.909.66$5,104
Feb 2008582592.538.77$5,586
Jan 2008713490.388.21$6,696
Dec 2007803588.337.30$7,322
Nov 2007773691.677.29$7,321
Oct 2007975782.856.92$8,431
Sep 20071698575.846.24$13,348
Aug 20072049469.066.39$14,689
Jul 2007519270.906.39$4,204
Jun 2007527162.007.55$3,760
May 20077111758.747.85$5,089
Apr 2007416659.617.81$2,959
Mar 2007405956.927.30$2,708
Feb 2007727355.108.22$4,567
Jan 2007587150.306.73$3,395
Dec 2006547556.656.92$3,578
Nov 20067512054.207.62$4,979
Oct 20067811954.906.01$4,998
Sep 2006589660.085.04$3,968
Aug 200610621268.717.34$8,839
Jul 200611520769.376.34$9,291
Jun 200613522066.286.38$10,352
May 20067714766.016.42$6,027
Apr 20067722464.397.36$6,607
Mar 20067421756.707.08$5,733
Feb 20067019357.597.75$5,527
Jan 200611229760.598.93$9,439
Dec 200514938954.9413.42$13,405
Nov 200518143554.6910.59$14,505
Oct 200512228158.3413.80$10,994
Sep 20058523061.4512.08$8,001
Aug 200513655061.519.80$13,754
Jul 200518850155.697.84$14,399
Jun 200519754252.337.38$14,310
May 200528179945.226.65$18,021
Apr 200523463349.207.36$16,172
Mar 20058529750.377.15$6,406
Feb 2005235345.226.31$1,375
Jan 200512030043.166.32$7,076
Dec 20043739.866.75$167
Nov 200431445.286.33$224
Oct 2004319849.706.52$1,439
Sep 2004323843.245.28$1,387
Aug 2004320542.375.55$1,265
Jul 2004322938.286.08$1,508
Jun 2004234236.106.43$2,272
May 20042320337.486.49$2,180
Apr 200411030434.475.86$5,573
Mar 200412923934.365.53$5,754
Feb 200410532732.455.51$5,209
Jan 200414125532.036.30$6,123
Dec 200313325530.266.30$5,632
Nov 200313728028.804.60$5,232
Oct 200312829928.174.76$5,029
Sep 200313529426.314.75$4,948
Aug 200312735329.765.13$5,590
Jul 20031501,03829.415.17$9,779
Jun 20031571,26428.565.98$12,046
May 20031651,35226.595.97$12,462
Apr 20031561,30526.675.41$11,217
Mar 20031821,40231.146.10$14,214
Feb 20031591,23233.487.93$15,088
Jan 200301,47630.315.58$8,239
Dec 200201,55126.914.85$7,528
Nov 200271,06624.664.14$4,583
Oct 2002311,62926.464.23$7,710
Sep 2002261,39027.443.64$5,766
Aug 2002251,58825.963.16$5,674
Jul 2002261,62424.583.06$5,611
Jun 20022780223.733.34$3,318
May 2002291,89824.663.58$7,518
Apr 2002311,83223.653.51$7,168
Mar 2002262,11322.003.10$7,128
Feb 2002261,89318.222.38$4,971
Jan 2002251,70517.172.38$4,480
Dec 2001271,73816.932.36$4,566
Nov 2001261,64718.072.41$4,432
Oct 2001281,68519.782.53$4,815
Sep 2001281,64824.262.25$4,389
Aug 2001291,87524.873.05$6,446
Jul 2001321,87523.933.20$6,760
Jun 2001261,84724.563.82$7,702
May 2001261,92925.524.31$8,972
Apr 2001321,26424.685.34$7,534
Mar 2001261,90924.545.38$10,902
Feb 2001382,13727.755.77$13,379
Jan 2001532,85927.478.40$25,468
Dec 2000402,14626.889.12$20,652
Nov 2000271,96832.215.66$12,005
Oct 2000291,54931.235.15$8,876
Sep 2000261,77831.875.19$10,050
Aug 2000322,15029.644.54$10,711
Jul 2000322,38128.534.09$10,651
Jun 2000342,31729.304.40$11,185
May 2000632,35927.263.68$10,398
Apr 20003632,33124.513.12$16,161
Mar 20003682,47328.422.86$17,531
Feb 20003192,34727.622.73$15,210
Jan 20002822,56725.272.48$13,494
Dec 19992192,53024.282.42$11,449
Nov 19992291,73823.192.43$9,541
Oct 19992081,56620.982.80$8,754
Sep 19991721,22321.752.62$6,944
Aug 19997887819.262.88$4,027
Jul 19991551,91117.892.37$7,307
Jun 19991231,31915.942.36$5,076
May 19991631,51715.792.32$6,095
Apr 19992352,49415.102.21$9,055
Mar 19991702,03412.471.84$5,859
Feb 19991331,5239.981.82$4,096
Jan 19991092,51210.381.90$5,904
Dec 19981292,0109.201.77$4,751
Nov 19981291,97510.892.19$5,722
Oct 1998652,81012.421.97$6,341
Sep 1998493,51212.592.08$7,931
Aug 1998564,08911.301.91$8,432
Jul 1998623,72411.742.24$9,059
Jun 1998782,28211.242.24$5,982
May 19981032,55212.622.21$6,930
Apr 19981123,23913.042.51$9,575
Mar 1998941,06712.802.31$3,667
Feb 19981315,09313.952.30$13,537
Jan 19981505,19114.702.15$13,391
Dec 19971333,72516.322.41$11,152
Nov 19971785,58918.193.09$20,498
Oct 19971515,82519.253.15$21,254
Sep 19972724,47017.742.95$18,034
Aug 19971897,43217.862.55$22,362
Jul 19972839,11417.582.25$25,454
Jun 199724312,59017.242.26$32,607
May 199727114,13218.972.31$37,765
Apr 199750719,00717.882.08$48,653
Mar 19970018.951.94$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.

Dec 2025 — as filed, then multipliedworked
Condensate             1 bbl  × $ 56.66 =        $57
Gas                    0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                      $57

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/163861 is the state's own key, not one this site invented.