HOLT UNIT

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

Operated by LACY OPERATIONS, LTD. (P-5 480882) 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 78499District 06Field 16032174NGPA filingCondensateGasSave Export

Value, all time

$591 k

Jan 1993 – Aug 2006

Value, last 12 filed months

$75 k

at the published price for each month

Months reported

164

no gaps in the span

Streams

condensate, 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
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	1,334 bbl	$21,791
Gas	Production	194,435 Mcf	$569,182
Total			$590,973

57,332 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 32.2694, -94.4029. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.26936, -94.40290 · 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

10,050 ft

1 wells filed one

Completion to plug

10.0 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 10,050 ft.

Completions filed

Aug 2006

1 of 1 wells

Plug dates filed

Aug 2016

1 of 1 wells

Last completion to plug: a median of 10.0 years across the 1 well that filed both dates, with the middle half between 10.0 years and 10.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36530312	2	10,050 ft	Aug 2006	Aug 2016	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 (164)

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

164 months


Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	585	69.37	6.34	$3,711
Jun 2006	0	1,150	66.28	6.38	$7,341
May 2006	0	1,228	66.01	6.42	$7,890
Apr 2006	0	592	64.39	7.36	$4,357
Mar 2006	0	775	56.70	7.08	$5,489
Feb 2006	0	710	57.59	7.75	$5,503
Jan 2006	0	975	60.59	8.93	$8,710
Dec 2005	0	1,974	54.94	13.42	$26,482
Nov 2005	0	116	54.69	10.59	$1,228
Oct 2005	0	128	58.34	13.80	$1,766
Sep 2005	0	189	61.45	12.08	$2,283
Aug 2005	0	83	61.51	9.80	$813
Jul 2005	0	470	55.69	7.84	$3,687
Jun 2005	0	776	52.33	7.38	$5,728
May 2005	0	1,079	45.22	6.65	$7,177
Apr 2005	0	395	49.20	7.36	$2,907
Mar 2005	0	181	50.37	7.15	$1,295
Feb 2005	0	766	45.22	6.31	$4,835
Jan 2005	0	860	43.16	6.32	$5,437
Dec 2004	0	490	39.86	6.75	$3,308
Nov 2004	0	472	45.28	6.33	$2,988
Oct 2004	0	520	49.70	6.52	$3,388
Sep 2004	0	448	43.24	5.28	$2,367
Aug 2004	0	757	42.37	5.55	$4,202
Jul 2004	0	1,071	38.28	6.08	$6,516
Jun 2004	0	281	36.10	6.43	$1,808
May 2004	0	102	37.48	6.49	$662
Apr 2004	0	143	34.47	5.86	$838
Mar 2004	0	192	34.36	5.53	$1,062
Feb 2004	0	291	32.45	5.51	$1,603
Jan 2004	0	895	32.03	6.30	$5,638
Dec 2003	0	1,145	30.26	6.30	$7,215
Nov 2003	0	920	28.80	4.60	$4,228
Oct 2003	0	1,077	28.17	4.76	$5,126
Sep 2003	0	1,341	26.31	4.75	$6,369
Aug 2003	0	1,640	29.76	5.13	$8,413
Jul 2003	0	1,492	29.41	5.17	$7,715
Jun 2003	0	1,231	28.56	5.98	$7,365
May 2003	0	1,875	26.59	5.97	$11,199
Apr 2003	0	1,568	26.67	5.41	$8,479
Mar 2003	0	1,559	31.14	6.10	$9,504
Feb 2003	0	1,213	33.48	7.93	$9,614
Jan 2003	0	1,370	30.31	5.58	$7,647
Dec 2002	0	1,670	26.91	4.85	$8,106
Nov 2002	0	1,075	24.66	4.14	$4,447
Oct 2002	0	1,139	26.46	4.23	$4,817
Sep 2002	0	432	27.44	3.64	$1,570
Aug 2002	0	1,760	25.96	3.16	$5,569
Jul 2002	0	1,610	24.58	3.06	$4,929
Jun 2002	0	2,393	23.73	3.34	$7,988
May 2002	0	1,558	24.66	3.58	$5,584
Apr 2002	0	1,646	23.65	3.51	$5,781
Mar 2002	0	2,347	22.00	3.10	$7,282
Feb 2002	0	2,036	18.22	2.38	$4,837
Jan 2002	0	2,797	17.17	2.38	$6,645
Dec 2001	0	2,094	16.93	2.36	$4,951
Nov 2001	0	830	18.07	2.41	$1,997
Oct 2001	0	406	19.78	2.53	$1,027
Sep 2001	0	2,031	24.26	2.25	$4,572
Aug 2001	0	1,702	24.87	3.05	$5,196
Jul 2001	0	1,907	23.93	3.20	$6,097
Jun 2001	0	1,804	24.56	3.82	$6,899
May 2001	0	1,899	25.52	4.31	$8,180
Apr 2001	0	1,993	24.68	5.34	$10,633
Mar 2001	0	1,527	24.54	5.38	$8,210
Feb 2001	0	1,685	27.75	5.77	$9,718
Jan 2001	0	1,911	27.47	8.40	$16,050
Dec 2000	0	1,817	26.88	9.12	$16,576
Nov 2000	0	2,180	32.21	5.66	$12,334
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	1,247	31.87	5.19	$6,468
Aug 2000	0	2,089	29.64	4.54	$9,486
Jul 2000	0	2,107	28.53	4.09	$8,617
Jun 2000	0	2,298	29.30	4.40	$10,105
May 2000	0	1,403	27.26	3.68	$5,163
Apr 2000	0	280	24.51	3.12	$872
Mar 2000	0	142	28.42	2.86	$406
Feb 2000	0	1,242	27.62	2.73	$3,386
Jan 2000	0	1,831	25.27	2.48	$4,542
Dec 1999	0	1,766	24.28	2.42	$4,280
Nov 1999	0	1,466	23.19	2.43	$3,568
Oct 1999	0	819	20.98	2.80	$2,296
Sep 1999	0	1,414	21.75	2.62	$3,703
Aug 1999	0	1,453	19.26	2.88	$4,178
Jul 1999	0	1,154	17.89	2.37	$2,738
Jun 1999	31	968	15.94	2.36	$2,781
May 1999	126	1,349	15.79	2.32	$5,121
Apr 1999	0	1,166	15.10	2.21	$2,575
Mar 1999	0	1,330	12.47	1.84	$2,445
Feb 1999	0	1,179	9.98	1.82	$2,143
Jan 1999	0	1,548	10.38	1.90	$2,941
Dec 1998	0	1,345	9.20	1.77	$2,385
Nov 1998	0	1,448	10.89	2.19	$3,165
Oct 1998	1	1,026	12.42	1.97	$2,033
Sep 1998	0	413	12.59	2.08	$860
Aug 1998	0	1,190	11.30	1.91	$2,270
Jul 1998	182	1,439	11.74	2.24	$5,356
Jun 1998	0	1,069	11.24	2.24	$2,392
May 1998	1	1,337	12.62	2.21	$2,963
Apr 1998	0	1,490	13.04	2.51	$3,733
Mar 1998	1	1,336	12.80	2.31	$3,098
Feb 1998	0	1,470	13.95	2.30	$3,380
Jan 1998	1	1,330	14.70	2.15	$2,881
Dec 1997	3	1,175	16.32	2.41	$2,882
Nov 1997	1	1,296	18.19	3.09	$4,021
Oct 1997	2	1,035	19.25	3.15	$3,299
Sep 1997	1	967	17.74	2.95	$2,875
Aug 1997	189	1,498	17.86	2.55	$7,203
Jul 1997	3	1,541	17.58	2.25	$3,515
Jun 1997	0	1,143	17.24	2.26	$2,580
May 1997	0	1,319	18.97	2.31	$3,045
Apr 1997	0	1,167	17.88	2.08	$2,431
Mar 1997	0	982	18.95	1.94	$1,904
Feb 1997	0	958	20.49	2.21	$2,113
Jan 1997	0	1,504	23.48	3.54	$5,324
Dec 1996	2	1,510	23.32	—	$47
Nov 1996	1	1,296	21.97	—	$22
Oct 1996	1	980	23.31	—	$23
Sep 1996	1	990	22.22	—	$22
Aug 1996	2	1,236	20.26	—	$41
Jul 1996	183	1,129	19.55	—	$3,578
Jun 1996	1	1,068	18.73	—	$19
May 1996	2	1,276	19.43	—	$39
Apr 1996	1	1,211	21.51	—	$22
Mar 1996	2	1,295	19.38	—	$39
Feb 1996	0	1,230	16.98	—	$0
Jan 1996	0	838	17.07	—	$0
Dec 1995	1	879	17.19	—	$17
Nov 1995	1	1,291	16.00	—	$16
Oct 1995	1	1,002	15.43	—	$15
Sep 1995	2	1,367	16.18	—	$32
Aug 1995	0	149	15.92	—	$0
Jul 1995	0	220	15.24	—	$0
Jun 1995	187	166	16.41	—	$3,069
May 1995	1	214	17.56	—	$18
Apr 1995	0	527	17.73	—	$0
Mar 1995	3	938	16.44	—	$49
Feb 1995	1	773	16.58	—	$17
Jan 1995	2	527	15.92	—	$32
Dec 1994	1	1,208	15.03	—	$15
Nov 1994	1	1,149	15.90	—	$16
Oct 1994	2	1,521	15.58	—	$31
Sep 1994	2	1,779	15.29	—	$31
Aug 1994	1	1,473	16.13	—	$16
Jul 1994	183	1,698	17.56	—	$3,213
Jun 1994	2	989	17.09	—	$34
May 1994	1	1,791	15.88	—	$16
Apr 1994	0	1,753	14.14	—	$0
Mar 1994	1	1,815	12.46	—	$12
Feb 1994	0	1,259	12.50	—	$0
Jan 1994	1	1,431	12.66	—	$13
Dec 1993	0	891	12.33	—	$0
Nov 1993	0	1,256	14.49	—	$0
Oct 1993	0	1,494	15.85	—	$0
Sep 1993	194	1,596	15.03	—	$2,916
Aug 1993	1	1,601	15.66	—	$16
Jul 1993	0	1,771	15.46	—	$0
Jun 1993	2	1,397	16.79	—	$34
May 1993	1	1,394	17.68	—	$18
Apr 1993	1	1,644	18.05	—	$18
Mar 1993	1	1,477	18.14	—	$18
Feb 1993	1	1,404	17.90	—	$18
Jan 1993	1	1,429	16.93	—	$17

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.

Jul 2006 — as filed, then multipliedworked

Condensate             0 bbl  × $ 69.37 =         $0
Gas                  585 Mcf  × $  6.34 =     $3,711

────────────────────────────────────────────────────
Month total                                   $3,711

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/78499 is the state's own key, not one this site invented.