HICKS, O. B. GAS UNIT

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

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) 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 99224District 06Field 16032174NGPA filingCondensateGasSave Export

Value, all time

$2.1 M

Jan 1993 – Oct 2007

Value, last 12 filed months

at the published price for each month

Months reported

178

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	11,274 bbl	$197,154
Gas	Production	1,191,806 Mcf	$1,912,320
Total			$2,109,475

603,489 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 32.2315, -94.3343. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23154, -94.33433 · 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

9,700 ft

1 wells filed one

Completion to plug

25.5 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 9,700 ft.

Completions filed

Apr 1982

1 of 1 wells

Plug dates filed

Oct 2007

1 of 1 wells

Last completion to plug: a median of 25.5 years across the 1 well that filed both dates, with the middle half between 25.5 years and 25.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36531363	4	9,700 ft	Apr 1982	Oct 2007	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 (178)

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

178 months


Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	4	0	36.10	6.43	$144
May 2004	14	1,933	37.48	6.49	$13,079
Apr 2004	16	3,137	34.47	5.86	$18,930
Mar 2004	16	3,285	34.36	5.53	$18,716
Feb 2004	20	2,424	32.45	5.51	$14,004
Jan 2004	12	3,109	32.03	6.30	$19,970
Dec 2003	17	2,327	30.26	6.30	$15,178
Nov 2003	8	3,448	28.80	4.60	$16,075
Oct 2003	16	3,763	28.17	4.76	$18,361
Sep 2003	20	4,055	26.31	4.75	$19,785
Aug 2003	16	3,951	29.76	5.13	$20,744
Jul 2003	12	3,039	29.41	5.17	$16,067
Jun 2003	16	4,037	28.56	5.98	$24,610
May 2003	16	4,221	26.59	5.97	$25,636
Apr 2003	20	3,961	26.67	5.41	$21,952
Mar 2003	23	4,443	31.14	6.10	$27,801
Feb 2003	11	4,058	33.48	7.93	$32,532
Jan 2003	23	4,261	30.31	5.58	$24,482
Dec 2002	28	4,418	26.91	4.85	$22,197
Nov 2002	20	4,445	24.66	4.14	$18,882
Oct 2002	27	4,395	26.46	4.23	$19,301
Sep 2002	27	4,284	27.44	3.64	$16,314
Aug 2002	23	4,715	25.96	3.16	$15,516
Jul 2002	14	4,268	24.58	3.06	$13,412
Jun 2002	13	5,229	23.73	3.34	$17,764
May 2002	18	3,587	24.66	3.58	$13,300
Apr 2002	15	4,827	23.65	3.51	$17,309
Mar 2002	24	5,132	22.00	3.10	$16,451
Feb 2002	23	4,443	18.22	2.38	$10,974
Jan 2002	25	4,213	17.17	2.38	$10,438
Dec 2001	19	3,973	16.93	2.36	$9,715
Nov 2001	17	5,409	18.07	2.41	$13,319
Oct 2001	16	3,659	19.78	2.53	$9,570
Sep 2001	17	3,816	24.26	2.25	$9,003
Aug 2001	16	4,473	24.87	3.05	$14,055
Jul 2001	18	4,674	23.93	3.20	$15,374
Jun 2001	19	4,925	24.56	3.82	$19,301
May 2001	20	5,298	25.52	4.31	$23,331
Apr 2001	24	4,636	24.68	5.34	$25,327
Mar 2001	24	3,095	24.54	5.38	$17,229
Feb 2001	22	3,816	27.75	5.77	$22,618
Jan 2001	29	4,421	27.47	8.40	$37,928
Dec 2000	30	2,935	26.88	9.12	$27,581
Nov 2000	33	2,395	32.21	5.66	$14,614
Oct 2000	41	3,213	31.23	5.15	$17,813
Sep 2000	28	9,385	31.87	5.19	$49,568
Aug 2000	42	12,810	29.64	4.54	$59,412
Jul 2000	17	12,905	28.53	4.09	$53,263
Jun 2000	24	12,734	29.30	4.40	$56,698
May 2000	17	13,169	27.26	3.68	$48,922
Apr 2000	23	13,053	24.51	3.12	$41,237
Mar 2000	19	6,856	28.42	2.86	$20,146
Feb 2000	22	13,542	27.62	2.73	$37,530
Jan 2000	25	6,498	25.27	2.48	$16,750
Dec 1999	24	6,375	24.28	2.42	$16,034
Nov 1999	22	6,943	23.19	2.43	$17,409
Oct 1999	21	7,572	20.98	2.80	$21,670
Sep 1999	23	7,329	21.75	2.62	$19,694
Aug 1999	22	8,531	19.26	2.88	$24,955
Jul 1999	27	8,556	17.89	2.37	$20,781
Jun 1999	27	7,578	15.94	2.36	$18,330
May 1999	32	8,642	15.79	2.32	$20,564
Apr 1999	38	8,966	15.10	2.21	$20,371
Mar 1999	26	8,947	12.47	1.84	$16,772
Feb 1999	29	6,529	9.98	1.82	$12,158
Jan 1999	36	7,479	10.38	1.90	$14,583
Dec 1998	43	7,085	9.20	1.77	$12,960
Nov 1998	38	7,952	10.89	2.19	$17,795
Oct 1998	43	7,134	12.42	1.97	$14,582
Sep 1998	35	8,107	12.59	2.08	$17,324
Aug 1998	47	8,731	11.30	1.91	$17,184
Jul 1998	53	8,092	11.74	2.24	$18,726
Jun 1998	53	9,900	11.24	2.24	$22,745
May 1998	21	9,184	12.62	2.21	$20,528
Apr 1998	21	9,956	13.04	2.51	$25,217
Mar 1998	25	9,072	12.80	2.31	$21,271
Feb 1998	22	8,928	13.95	2.30	$20,834
Jan 1998	30	9,872	14.70	2.15	$21,713
Dec 1997	35	9,039	16.32	2.41	$22,365
Nov 1997	36	9,720	18.19	3.09	$30,673
Oct 1997	26	10,522	19.25	3.15	$33,643
Sep 1997	34	10,886	17.74	2.95	$32,770
Aug 1997	96	12,004	17.86	2.55	$32,382
Jul 1997	92	9,906	17.58	2.25	$23,876
Jun 1997	67	7,732	17.24	2.26	$18,608
May 1997	93	6,438	18.97	2.31	$16,626
Apr 1997	91	8,724	17.88	2.08	$19,797
Mar 1997	99	11,135	18.95	1.94	$23,468
Feb 1997	99	10,126	20.49	2.21	$24,365
Jan 1997	106	9,527	23.48	3.54	$36,212
Dec 1996	158	10,544	23.32	—	$3,685
Nov 1996	175	11,437	21.97	—	$3,845
Oct 1996	144	10,351	23.31	—	$3,357
Sep 1996	129	10,986	22.22	—	$2,866
Aug 1996	152	11,880	20.26	—	$3,080
Jul 1996	130	12,098	19.55	—	$2,542
Jun 1996	51	11,503	18.73	—	$955
May 1996	69	12,113	19.43	—	$1,341
Apr 1996	60	13,465	21.51	—	$1,291
Mar 1996	70	11,523	19.38	—	$1,357
Feb 1996	82	12,302	16.98	—	$1,392
Jan 1996	90	14,091	17.07	—	$1,536
Dec 1995	77	12,880	17.19	—	$1,324
Nov 1995	80	13,514	16.00	—	$1,280
Oct 1995	78	13,867	15.43	—	$1,204
Sep 1995	86	14,631	16.18	—	$1,391
Aug 1995	87	16,488	15.92	—	$1,385
Jul 1995	101	19,057	15.24	—	$1,539
Jun 1995	89	13,996	16.41	—	$1,460
May 1995	161	11,078	17.56	—	$2,827
Apr 1995	165	10,233	17.73	—	$2,925
Mar 1995	189	11,336	16.44	—	$3,107
Feb 1995	195	10,700	16.58	—	$3,233
Jan 1995	229	10,141	15.92	—	$3,646
Dec 1994	250	8,319	15.03	—	$3,758
Nov 1994	226	7,940	15.90	—	$3,593
Oct 1994	221	8,500	15.58	—	$3,443
Sep 1994	216	10,511	15.29	—	$3,303
Aug 1994	218	10,911	16.13	—	$3,516
Jul 1994	236	12,987	17.56	—	$4,144
Jun 1994	236	12,127	17.09	—	$4,033
May 1994	251	13,166	15.88	—	$3,986
Apr 1994	248	13,530	14.14	—	$3,507
Mar 1994	297	13,593	12.46	—	$3,701
Feb 1994	249	12,954	12.50	—	$3,113
Jan 1994	245	9,259	12.66	—	$3,102
Dec 1993	278	12,702	12.33	—	$3,428
Nov 1993	239	11,985	14.49	—	$3,463
Oct 1993	283	12,758	15.85	—	$4,486
Sep 1993	290	13,855	15.03	—	$4,359
Aug 1993	267	15,276	15.66	—	$4,181
Jul 1993	337	16,386	15.46	—	$5,210
Jun 1993	290	12,070	16.79	—	$4,869
May 1993	134	13,218	17.68	—	$2,369
Apr 1993	168	15,031	18.05	—	$3,032
Mar 1993	159	15,532	18.14	—	$2,884
Feb 1993	161	15,271	17.90	—	$2,882
Jan 1993	197	15,394	16.93	—	$3,335

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 2004 — as filed, then multipliedworked

Condensate             4 bbl  × $ 36.10 =       $144
Gas                    0 Mcf  × $  6.43 =         $0

────────────────────────────────────────────────────
Month total                                     $144

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/99224 is the state's own key, not one this site invented.