HINKLE, C.A.

Operated by VERADO ENERGY, INC. (P-5 884563) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229259District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
May 2007 – Jun 2021
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
170
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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
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
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-09-18175986
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
CondensateDisposition1,938 bbl$148,568
GasProduction1,285,557 Mcf$6,514,578
Total$6,663,146

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 32.3205, -94.6343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32048, -94.63434 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,564 ft
1 wells filed one
Completion to plug
14.1 years
median over 1 well

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 10,564 ft.

Completions filed
May 2007
1 of 1 wells
Plug dates filed
Jun 2021
1 of 1 wells

Last completion to plug: a median of 14.1 years across the 1 well that filed both dates, with the middle half between 14.1 years and 14.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-401341931010,564 ftMay 2007Jun 2021Yes

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 (170)

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

170 months

Jun 202101069.493.38$34
May 2021483,16263.483.02$12,589
Apr 202104460.362.76$121
Mar 202123,57361.302.72$9,830
Feb 202103,19557.805.55$17,726
Jan 202113,32650.412.81$9,397
Dec 202013,20944.642.68$8,630
Nov 202023,48838.772.71$9,518
Oct 202013,96836.972.48$9,871
Sep 202002,97137.091.99$5,915
Aug 202003,55939.982.39$8,489
Jul 202003,15038.371.83$5,749
Jun 202003,58934.901.69$6,067
May 202053,17116.921.81$5,839
Apr 202023,47214.751.80$6,294
Mar 202033,49830.341.86$6,584
Feb 202002,97849.881.98$5,898
Jan 202002,76057.252.09$5,781
Dec 201902,64659.012.30$6,097
Nov 201902,67355.302.75$7,353
Oct 201903,08553.472.42$7,461
Sep 201903,24055.052.66$8,610
Aug 201913,60953.112.30$8,370
Jul 201902,47356.272.46$6,084
Jun 201912,73952.782.49$6,876
May 201912,83558.482.74$7,827
Apr 201903,61562.632.75$9,944
Mar 201903,50556.803.06$10,733
Feb 201903,18650.852.79$8,896
Jan 201913,65046.033.23$11,829
Dec 201814,00446.594.19$16,805
Nov 201833,68052.934.24$15,752
Oct 201823,45561.443.40$11,863
Sep 201803,44159.543.11$10,695
Aug 201824,07259.403.07$12,606
Jul 201833,99465.142.93$11,905
Jun 201833,92860.183.08$12,267
May 201803,92665.382.90$11,389
Apr 201813,92563.842.90$11,449
Mar 201823,95661.222.79$11,147
Feb 201813,29361.782.77$9,171
Jan 201814,02862.874.01$16,212
Dec 201704,26057.272.92$12,446
Nov 201724,37555.423.12$13,754
Oct 201714,26849.292.98$12,784
Sep 201713,99147.523.09$12,369
Aug 201714,37045.373.00$13,175
Jul 2017414,05243.873.09$14,308
Jun 201713,87342.493.09$12,000
May 201714,12345.373.26$13,500
Apr 201714,31547.933.21$13,906
Mar 201704,12846.772.98$12,317
Feb 201713,86450.452.95$11,459
Jan 201704,54849.413.42$15,549
Dec 201614,57048.763.72$17,062
Nov 201614,45042.492.64$11,810
Oct 201614,67446.193.09$14,490
Sep 2016424,53341.553.10$15,800
Aug 201614,73841.442.92$13,897
Jul 201614,80341.622.92$14,087
Jun 201614,67245.352.69$12,594
May 201615,04142.521.99$10,079
Apr 201614,79736.561.99$9,588
Mar 201615,14533.011.79$9,263
Feb 201614,55326.472.06$9,422
Jan 201614,79627.352.36$11,367
Dec 201515,05532.362.00$10,149
Nov 201515,28338.792.17$11,489
Oct 201515,32543.552.43$12,965
Sep 201514,97042.992.76$13,752
Aug 2015425,19840.162.87$16,618
Jul 201515,54348.152.95$16,373
Jun 201514,32256.152.88$12,516
May 201514,60855.212.96$13,674
Apr 201545,54749.822.71$15,213
Mar 2015344,76542.892.93$15,442
Feb 201533,93744.662.98$11,851
Jan 201504,33743.433.10$13,447
Dec 201434,88654.693.59$17,711
Nov 201424,65870.464.25$19,946
Oct 201415,03678.303.90$19,724
Sep 201413,99186.164.05$16,232
Aug 201435,29589.394.04$21,634
Jul 201425,51096.564.18$23,223
Jun 2014395,61798.164.74$30,435
May 201415,01294.734.73$23,784
Apr 201425,11595.944.81$24,791
Mar 2014365,27095.895.06$30,101
Feb 201424,67497.406.19$29,136
Jan 201415,79890.404.86$28,273
Dec 201316,24291.824.35$27,272
Nov 201316,49588.853.74$24,369
Oct 2013395,50997.423.78$24,620
Sep 201315,665104.113.72$21,165
Aug 201306,168104.253.52$21,727
Jul 201365,654102.523.72$21,635
Jun 2013395,48294.403.93$25,245
May 201316,50594.834.15$27,085
Apr 201365,92993.964.28$25,955
Mar 201326,19793.623.91$24,435
Feb 2013405,78791.233.42$23,440
Jan 201316,04691.603.42$20,768
Dec 201226,20186.773.42$21,382
Nov 201205,96086.953.62$21,605
Oct 201206,24489.383.40$21,228
Sep 2012396,40994.672.92$22,396
Aug 201246,63592.662.91$19,666
Jul 201216,83785.133.02$20,738
Jun 201226,39879.822.52$16,276
May 2012376,41991.612.49$19,362
Apr 201256,277101.652.00$13,042
Mar 2012366,047105.052.22$17,219
Feb 201216,096101.102.57$15,769
Jan 2012396,82098.092.73$22,472
Dec 201116,62096.873.24$21,544
Nov 201117,19095.723.31$23,904
Oct 201116,61184.983.65$24,205
Sep 2011386,77883.623.99$30,193
Aug 201117,34883.404.15$30,573
Jul 201117,69194.144.52$34,836
Jun 2011397,38492.904.64$37,884
May 201118,02598.134.40$35,447
Apr 201116,708105.964.33$29,174
Mar 201127,15796.364.06$29,231
Feb 2011466,84385.644.18$32,543
Jan 201117,59386.504.59$34,929
Dec 201017,68685.734.35$33,503
Nov 2010398,09080.843.80$33,857
Oct 201018,19278.103.51$28,823
Sep 2010398,70972.633.98$37,490
Aug 201058,74673.684.42$39,020
Jul 201017,56972.554.74$35,923
Jun 201028,28370.364.91$40,814
May 2010348,65771.124.24$39,082
Apr 201037,21681.694.12$29,994
Mar 2010317,15778.394.39$33,840
Feb 201006,91473.585.44$37,628
Jan 2010329,29274.365.96$57,798
Dec 200909,54271.445.48$52,326
Nov 20093710,28574.593.75$41,344
Oct 20093310,95172.544.11$47,405
Sep 2009011,77165.543.06$36,075
Aug 2009011,50167.423.22$37,016
Jul 20093312,99661.133.46$47,042
Jun 2009257,26966.163.90$29,967
May 2009011,80854.743.93$46,355
Apr 20093512,85146.773.59$47,740
Mar 20093913,81542.144.06$57,719
Feb 2009111,09932.814.63$51,454
Jan 20095313,90535.865.37$76,584
Dec 2008014,62837.105.98$87,434
Nov 20084915,16655.496.86$106,763
Oct 2008014,09375.246.92$97,551
Sep 2008014,716101.767.88$115,919
Aug 2008016,599114.228.48$140,810
Jul 20085818,374131.0811.39$216,872
Jun 2008016,724131.3313.03$217,958
May 2008017,209123.1711.57$199,182
Apr 20085826110.3110.45$6,670
Mar 2008019,598101.909.66$189,396
Feb 20087419,42392.538.77$177,198
Jan 20086723,03390.388.21$195,058
Dec 20073224,11488.337.30$178,906
Nov 20077426,13591.677.29$197,352
Oct 2007028,53482.856.92$197,512
Sep 20077630,17275.846.24$194,163
Aug 20077436,80469.066.39$240,212
Jul 2007044,79370.906.39$286,135
Jun 200712254,89862.007.55$421,959
May 2007019,47258.747.85$152,783

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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.49 =         $0
Gas                   10 Mcf  × $  3.38 =        $34

────────────────────────────────────────────────────
Month total                                      $34

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/229259 is the state's own key, not one this site invented.