HOPKINS, PET GAS UNIT

Name: HOPKINS, PET GAS UNIT lease production and value, Sep 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by QUANTUM RESOURCES MANAGEMENT,LLC (P-5 684554) in the WHITE OAK (COTTON VALLEY SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 198109District 06Field 969691502 tax incentive programmesCondensateGasSave Export

Value, all time

$814 k

Sep 2003 – Jul 2014

Value, last 12 filed months

$1 k

at the published price for each month

Months reported

131

no gaps in the span

Streams

condensate, gas

The WHITE OAK (COTTON VALLEY SAND) 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 170 leases and 170 wells, and the rule below applies to all of them.

Discovered

1991-07-20

as the register files it

Field class

Gas

the register's own label

Between wells

600 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 2012-03-20.

The Commission's schedule remark for this field reads: “LOG OF C. W. RESOURCES MAUD SMITH #1 WELL (API 42-183-30958).”

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	2004-03-29	155916
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	128 bbl	$11,187
Gas	Production	134,096 Mcf	$802,534
Total			$813,721

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 32.5426, -94.8539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54261, -94.85386 · 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

10,826 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 10,826 ft.

Completions filed

Jul 2014

1 of 1 wells

1 well


42-18331542	5	10,826 ft	Jul 2014	—	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 (131)

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

131 months


Jul 2014	0	0	96.56	4.18	$0
Jun 2014	6	7	98.16	4.74	$622
May 2014	0	4	94.73	4.73	$19
Apr 2014	0	5	95.94	4.81	$24
Mar 2014	0	12	95.89	5.06	$61
Feb 2014	0	14	97.40	6.19	$87
Jan 2014	0	12	90.40	4.86	$58
Dec 2013	0	13	91.82	4.35	$57
Nov 2013	0	6	88.85	3.74	$22
Oct 2013	0	92	97.42	3.78	$348
Sep 2013	0	1	104.11	3.72	$4
Aug 2013	0	2	104.25	3.52	$7
Jul 2013	0	1	102.52	3.72	$4
Jun 2013	0	4	94.40	3.93	$16
May 2013	0	1	94.83	4.15	$4
Apr 2013	0	2	93.96	4.28	$9
Mar 2013	0	5	93.62	3.91	$20
Feb 2013	0	2	91.23	3.42	$7
Jan 2013	0	7	91.60	3.42	$24
Dec 2012	0	101	86.77	3.42	$345
Nov 2012	0	283	86.95	3.62	$1,026
Oct 2012	0	56	89.38	3.40	$190
Sep 2012	0	109	94.67	2.92	$318
Aug 2012	0	387	92.66	2.91	$1,125
Jul 2012	0	13	85.13	3.02	$39
Jun 2012	0	203	79.82	2.52	$511
May 2012	0	174	91.61	2.49	$433
Apr 2012	0	16	101.65	2.00	$32
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	51	101.10	2.57	$131
Jan 2012	0	36	98.09	2.73	$98
Dec 2011	0	282	96.87	3.24	$914
Nov 2011	0	170	95.72	3.31	$563
Oct 2011	0	33	84.98	3.65	$120
Sep 2011	0	6	83.62	3.99	$24
Aug 2011	0	39	83.40	4.15	$162
Jul 2011	0	7	94.14	4.52	$32
Jun 2011	0	3	92.90	4.64	$14
May 2011	0	37	98.13	4.40	$163
Apr 2011	0	22	105.96	4.33	$95
Mar 2011	0	39	96.36	4.06	$158
Feb 2011	0	39	85.64	4.18	$163
Jan 2011	0	332	86.50	4.59	$1,523
Dec 2010	0	75	85.73	4.35	$326
Nov 2010	0	27	80.84	3.80	$102
Oct 2010	0	26	78.10	3.51	$91
Sep 2010	0	18	72.63	3.98	$72
Aug 2010	0	40	73.68	4.42	$177
Jul 2010	0	35	72.55	4.74	$166
Jun 2010	0	23	70.36	4.91	$113
May 2010	0	43	71.12	4.24	$182
Apr 2010	1	110	81.69	4.12	$535
Mar 2010	4	3	78.39	4.39	$327
Feb 2010	4	95	73.58	5.44	$811
Jan 2010	6	6	74.36	5.96	$482
Dec 2009	4	35	71.44	5.48	$478
Nov 2009	4	3	74.59	3.75	$310
Oct 2009	8	183	72.54	4.11	$1,333
Sep 2009	9	1,267	65.54	3.06	$4,473
Aug 2009	2	48	67.42	3.22	$289
Jul 2009	2	32	61.13	3.46	$233
Jun 2009	3	156	66.16	3.90	$806
May 2009	3	222	54.74	3.93	$1,036
Apr 2009	0	153	46.77	3.59	$549
Mar 2009	1	110	42.14	4.06	$489
Feb 2009	1	63	32.81	4.63	$325
Jan 2009	2	125	35.86	5.37	$743
Dec 2008	3	138	37.10	5.98	$936
Nov 2008	2	34	55.49	6.86	$344
Oct 2008	1	117	75.24	6.92	$885
Sep 2008	2	177	101.76	7.88	$1,598
Aug 2008	2	285	114.22	8.48	$2,646
Jul 2008	6	28	131.08	11.39	$1,105
Jun 2008	6	49	131.33	13.03	$1,427
May 2008	7	45	123.17	11.57	$1,383
Apr 2008	4	51	110.31	10.45	$974
Mar 2008	13	32	101.90	9.66	$1,634
Feb 2008	10	30	92.53	8.77	$1,188
Jan 2008	12	25	90.38	8.21	$1,290
Dec 2007	0	40	88.33	7.30	$292
Nov 2007	0	80	91.67	7.29	$583
Oct 2007	0	101	82.85	6.92	$699
Sep 2007	0	132	75.84	6.24	$824
Aug 2007	0	1,340	69.06	6.39	$8,560
Jul 2007	0	446	70.90	6.39	$2,849
Jun 2007	0	87	62.00	7.55	$657
May 2007	0	18	58.74	7.85	$141
Apr 2007	0	1,827	59.61	7.81	$14,260
Mar 2007	0	596	56.92	7.30	$4,352
Feb 2007	0	3	55.10	8.22	$25
Jan 2007	0	1,688	50.30	6.73	$11,355
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	1	54.20	7.62	$8
Oct 2006	0	1,097	54.90	6.01	$6,597
Sep 2006	0	56	60.08	5.04	$282
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	904	66.28	6.38	$5,771
May 2006	0	1,665	66.01	6.42	$10,698
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	314	57.59	7.75	$2,434
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	629	54.94	13.42	$8,438
Nov 2005	0	366	54.69	10.59	$3,875
Oct 2005	0	1,020	58.34	13.80	$14,072
Sep 2005	0	884	61.45	12.08	$10,678
Aug 2005	0	2,010	61.51	9.80	$19,692
Jul 2005	0	175	55.69	7.84	$1,373
Jun 2005	0	757	52.33	7.38	$5,587
May 2005	0	561	45.22	6.65	$3,731
Apr 2005	0	2,074	49.20	7.36	$15,266
Mar 2005	0	2,894	50.37	7.15	$20,706
Feb 2005	0	3,428	45.22	6.31	$21,637
Jan 2005	0	4,490	43.16	6.32	$28,387
Dec 2004	0	4,046	39.86	6.75	$27,315
Nov 2004	0	4,570	45.28	6.33	$28,930
Oct 2004	0	4,121	49.70	6.52	$26,849
Sep 2004	0	5,891	43.24	5.28	$31,127
Aug 2004	0	6,919	42.37	5.55	$38,405
Jul 2004	0	5,670	38.28	6.08	$34,497
Jun 2004	0	3,934	36.10	6.43	$25,308
May 2004	0	1,776	37.48	6.49	$11,534
Apr 2004	0	3,609	34.47	5.86	$21,143
Mar 2004	0	2,894	34.36	5.53	$16,004
Feb 2004	0	6,730	32.45	5.51	$37,080
Jan 2004	0	8,076	32.03	6.30	$50,876
Dec 2003	0	9,481	30.26	6.30	$59,746
Nov 2003	0	11,078	28.80	4.60	$50,905
Oct 2003	0	11,752	28.17	4.76	$55,935
Sep 2003	0	7,329	26.31	4.75	$34,808

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.

Jun 2014 — as filed, then multipliedworked

Condensate             6 bbl  × $ 98.16 =       $589
Gas                    7 Mcf  × $  4.74 =        $33

────────────────────────────────────────────────────
Month total                                     $622

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/198109 is the state's own key, not one this site invented.