NEW HOPE UNIT

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

Oil lease lease 1126District 06Field 65157200OilCasinghead gasSave
Value, all time
$22.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$480 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition477,465 bbl$21,279,126
Casinghead gasProduction240,962 Mcf$905,380
Total$22,184,505

44,939 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 (29)

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 33.0332, -95.1838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.9 miles. 1 well has no surveyed location and is left out of it.

33.03374, -95.18713 · centre of 28 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
65.5%
19 of 29 wells
With a plug date
44.8%
13 of 29 wells
Median depth
8,209 ft
22 wells filed one
Completion to plug
9.0 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
1965.5%
A plug date is filed
1344.8%
BothOn the schedule and plugged. Neither fact cancels the other.
1344.8%
NeitherNo plug date, and not on the schedule.
1034.5%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 22 of 29 wells. Median 8,209 ft, with the middle half between 8,018 and 8,269 ft; the shallowest is 7,950 ft and the deepest 13,272 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

40s
50s
60s
70s
80s
90s
00s
10s

Last completion by decade, 13 of 29 wells, Jan 1945 – Sep 2017. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1945 – Sep 2017
13 of 29 wells; 16 filed none
Plug dates filed
Apr 1984 – Oct 2019
13 of 29 wells; 16 filed none

Last completion to plug: a median of 9.0 years across the 4 wells that filed both dates, with the middle half between 4.5 years and 19.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

29 wells

42-159004843117,950 ftNov 1998Yes
42-15900490252W8,186 ftJul 2007Yes
42-159004942827,989 ftApr 1984Yes
42-159004963018,200 ftApr 1984Yes
42-15900510351W8,070 ftOct 1998Yes
42-159005121727,984 ftOct 2003Yes
42-159005281918,001 ftDec 1998Yes
42-15900529161W8,089 ftJun 1986Yes
42-159005541018,300 ftJun 1986Yes
42-15980033262Yes
42-15980034291Yes
42-15980036701Yes
42-1590051571
42-15900552621
42-15980029102
42-15980032212
42-15900516818,229 ftSep 2017Oct 2019Yes
42-159005222118,707 ftOct 2016
42-15900555518,217 ftApr 2016
42-159005496818,265 ftDec 2014Yes
42-15930483700412,580 ftApr 1996
42-15900521218,230 ftAug 1994Yes
42-15900545110213,272 ftJun 1993Oct 1998Yes
42-159005266618,270 ftOct 1992
42-159005536418,270 ftJul 1991Yes
42-159005301627,954 ftApr 1986Nov 1998Yes
42-15900493281W7,990 ftJun 1966
42-15900550418,230 ftApr 1946
42-159801512028,084 ftJan 1945May 1984Yes

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 (401)

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

401 months

May 20264530106.413.05$48,204
Apr 2026490098.932.87$48,476
Mar 2026502089.753.15$45,055
Feb 2026577063.503.75$36,640
Jan 2026486059.138.00$28,737
Dec 2025568056.664.41$32,183
Nov 2025762058.593.93$44,646
Oct 2025414059.383.30$24,583
Sep 2025699062.743.08$43,855
Aug 2025569063.933.01$36,376
Jul 2025701066.743.32$46,785
Jun 2025672066.483.13$44,675
May 2025578060.553.23$34,998
Apr 2025586062.363.54$36,543
Mar 2025581467.704.27$39,351
Feb 20257252070.884.34$51,475
Jan 20256214374.324.28$46,337
Dec 20248365268.993.12$57,838
Nov 20247575269.052.20$52,385
Oct 20245715471.372.28$40,875
Sep 20241641769.612.36$11,456
Aug 20241854975.632.06$14,093
Jul 20241234379.932.15$9,924
Jun 20241177178.082.63$9,322
May 20241387878.812.20$11,047
Apr 20241095884.451.66$9,301
Mar 20241453880.301.55$11,702
Feb 202413076.091.78$989
Jan 202476073.023.30$5,550
Dec 2023152071.262.61$10,832
Nov 2023167077.892.81$13,008
Oct 20231094785.443.09$9,458
Sep 20231015489.042.74$9,141
Aug 20231288280.522.67$10,526
Jul 20233496674.852.64$26,297
Jun 202348335168.962.26$34,100
May 202392850070.622.23$66,649
Apr 202379753478.122.24$63,457
Mar 202389137872.852.39$65,814
Feb 202366530575.112.47$50,700
Jan 202382220876.533.39$63,612
Dec 202253013376.415.73$41,259
Nov 202266131085.005.65$57,935
Oct 20221527987.185.86$13,715
Sep 20221679884.888.16$14,975
Aug 202219211394.529.13$19,179
Jul 2022278102101.587.54$29,009
Jun 2022518206115.097.98$61,260
May 2022607380109.378.43$69,592
Apr 2022527320104.226.84$57,112
Mar 2022582417108.885.08$65,485
Feb 202268834391.054.86$64,309
Jan 202278237981.844.54$65,719
Dec 202181552871.323.90$60,185
Nov 202171345177.435.24$57,569
Oct 202156141179.795.71$47,111
Sep 20211598369.865.35$11,552
Aug 202142223866.024.22$28,865
Jul 202169847770.783.98$51,304
Jun 202180828569.493.38$57,111
May 202177847263.483.02$50,812
Apr 202175045160.362.76$46,514
Mar 202179918561.302.72$49,481
Feb 202164233657.805.55$38,972
Jan 202187130450.412.81$44,761
Dec 202088054544.642.68$40,741
Nov 202077760238.772.71$31,754
Oct 202091048136.972.48$34,835
Sep 202079564437.091.99$30,769
Aug 202086164839.982.39$35,968
Jul 202069346038.371.83$27,430
Jun 202049436734.901.69$17,861
May 202022115116.921.81$4,013
Apr 202027318214.751.80$4,355
Mar 202062944630.341.86$19,912
Feb 202099967249.881.98$51,161
Jan 202098981057.252.09$58,317
Dec 20191,02978659.012.30$62,533
Nov 20191,01185855.302.75$58,268
Oct 201999782953.472.42$55,315
Sep 20191,06662255.052.66$60,336
Aug 20191,04189253.112.30$57,343
Jul 20191,12291056.272.46$65,374
Jun 20191,00871452.782.49$54,981
May 20191,00588258.482.74$61,189
Apr 20191,08690462.632.75$70,503
Mar 20191,12689556.803.06$66,697
Feb 20191,08282550.852.79$57,323
Jan 20191,19098246.033.23$57,946
Dec 20181,01288146.594.19$50,836
Nov 201893682952.934.24$53,055
Oct 201816711761.443.40$10,658
Sep 201847118159.543.11$28,606
Aug 201892679459.403.07$57,439
Jul 20181,09192565.142.93$73,780
Jun 20181,2421,03060.183.08$77,913
May 20181,15796565.382.90$78,444
Apr 201885968663.842.90$56,829
Mar 20181,02882461.222.79$65,231
Feb 20181,19175161.782.77$75,657
Jan 20181,05464862.874.01$68,863
Dec 201798367357.272.92$58,263
Nov 201790079555.423.12$52,357
Oct 201749732449.292.98$25,464
Sep 201779859047.523.09$39,742
Aug 201784975245.373.00$40,778
Jul 20171,13086143.873.09$52,231
Jun 20171,27899042.493.09$57,359
May 20171,04990245.373.26$50,537
Apr 201735325847.933.21$17,748
Mar 201773144546.772.98$35,517
Feb 20171,21284150.452.95$63,629
Jan 20171,50489349.413.42$77,366
Dec 20161,15672648.763.72$59,069
Nov 20161,14658342.492.64$50,235
Oct 20161,29777246.193.09$62,294
Sep 201656436241.553.10$24,557
Aug 201688168541.442.92$38,512
Jul 201688851241.622.92$38,456
Jun 201665432245.352.69$30,524
May 20161,6791,30242.521.99$73,983
Apr 20161,5421,36036.561.99$59,083
Mar 20161,4171,36833.011.79$49,229
Feb 20161,00889526.472.06$28,529
Jan 20161,18993227.352.36$34,723
Dec 20151,25897932.362.00$42,668
Nov 20151,21970738.792.17$48,817
Oct 20151,01858743.552.43$45,758
Sep 201573867542.992.76$33,589
Aug 201542051940.162.87$18,358
Jul 20151,0711,25748.152.95$55,271
Jun 20151,5191,99956.152.88$91,055
May 20151,4861,87755.212.96$87,589
Apr 20151,00689449.822.71$52,539
Mar 20151,15468042.892.93$51,491
Feb 20151,28181844.662.98$59,644
Jan 20151,50087643.433.10$67,861
Dec 20141,11775354.693.59$63,793
Nov 20141,08775370.464.25$79,792
Oct 20141,22478478.303.90$98,898
Sep 20141,24694686.164.05$111,182
Aug 20141,12864089.394.04$103,414
Jul 201499375496.564.18$99,036
Jun 20141,07972998.164.74$109,368
May 20141,05168994.734.73$102,818
Apr 20141,14270295.944.81$112,939
Mar 20141,43789595.895.06$142,320
Feb 20141,14667597.406.19$115,800
Jan 20141,17774790.404.86$110,032
Dec 20131,06656991.824.35$100,358
Nov 201392072388.853.74$84,445
Oct 20131,09777297.423.78$109,787
Sep 2013559474104.113.72$59,960
Aug 2013273129104.253.52$28,915
Jul 2013645344102.523.72$67,404
Jun 201389545094.403.93$86,258
May 201390752494.834.15$88,185
Apr 20131,15566593.964.28$111,372
Mar 20131,32270393.623.91$126,516
Feb 20131,23968891.233.42$115,387
Jan 20131,34580391.603.42$125,948
Dec 20121,17156786.773.42$103,547
Nov 20121,19074786.953.62$106,178
Oct 20121,01777389.383.40$93,527
Sep 20121,03678194.672.92$100,357
Aug 20121,33765692.662.91$125,794
Jul 20121,05191785.133.02$92,242
Jun 201290560279.822.52$73,754
May 20122016491.612.49$18,573
Apr 20121,331816101.652.00$136,926
Mar 20121,7181,085105.052.22$182,887
Feb 20121,178635101.102.57$120,728
Jan 20121,16354898.092.73$115,577
Dec 20111,18969196.873.24$117,417
Nov 20111,20175895.723.31$117,470
Oct 20111,14459384.983.65$99,381
Sep 20111,08796683.623.99$94,745
Aug 201198867283.404.15$85,188
Jul 201192774694.144.52$90,638
Jun 201157253792.904.64$55,630
May 201141026598.134.40$41,401
Apr 2011600343105.964.33$65,062
Mar 201193575196.364.06$93,144
Feb 201190160385.644.18$79,682
Jan 201199975086.504.59$89,855
Dec 20101,090085.734.35$93,446
Nov 20101,071080.843.80$86,580
Oct 20101,074078.103.51$83,879
Sep 20101,07477072.633.98$81,069
Aug 20101,252073.684.42$92,247
Jul 201098633272.554.74$73,107
Jun 20101,09983970.364.91$81,445
May 201094867971.124.24$70,297
Apr 20101,27857081.694.12$106,750
Mar 20101,42393578.394.39$115,652
Feb 20101,25581873.585.44$96,795
Jan 20101,62867074.365.96$125,054
Dec 20091,8881,14171.445.48$141,136
Nov 20091,69497774.593.75$130,021
Oct 20091,28043272.544.11$94,627
Sep 20091,34175265.543.06$90,194
Aug 20091,16971767.423.22$81,122
Jul 20091,16856661.133.46$73,361
Jun 20091,44616166.163.90$96,294
May 20091,80823554.743.93$99,892
Apr 20091,77935046.773.59$84,459
Mar 20091,45933942.144.06$62,858
Feb 20091,20939432.814.63$41,493
Jan 20091,92156635.865.37$71,927
Dec 20082,32164937.105.98$89,988
Nov 20081,32322455.496.86$74,950
Oct 20081,4671,26075.246.92$119,099
Sep 20081,081266101.767.88$112,098
Aug 20081,202292114.228.48$139,769
Jul 20081,472655131.0811.39$200,410
Jun 20081,0773,334131.3313.03$184,893
May 20081,4223,907123.1711.57$220,368
Apr 20081,0952,830110.3110.45$150,377
Mar 20081,3872,380101.909.66$164,336
Feb 20081,36884792.538.77$134,010
Jan 20081,5951,14090.388.21$153,511
Dec 20071,43997888.337.30$134,248
Nov 20071,26198091.677.29$122,742
Oct 20071,2421,17482.856.92$111,026
Sep 20071,3281,07075.846.24$107,397
Aug 20071,6161,09569.066.39$118,596
Jul 20071,38386970.906.39$103,606
Jun 200786167562.007.55$58,477
May 20071,36482858.747.85$86,618
Apr 20071,03277659.617.81$67,574
Mar 20071,22189256.927.30$76,013
Feb 20071,17077255.108.22$70,810
Jan 20071,20567750.306.73$65,166
Dec 20061,22867356.656.92$74,222
Nov 20061,39592254.207.62$82,632
Oct 20061,5331,01354.906.01$90,254
Sep 20061,33777060.085.04$84,206
Aug 20061,4161,09668.717.34$105,338
Jul 20061,40690669.376.34$103,281
Jun 20061,33480666.286.38$93,563
May 20061,40873066.016.42$97,632
Apr 20061,21276264.397.36$83,649
Mar 20061,01472756.707.08$62,643
Feb 200673251757.597.75$46,163
Jan 20061,00170860.598.93$66,975
Dec 20051,20379254.9413.42$76,718
Nov 20051,3286854.6910.59$73,348
Oct 20051,236058.3413.80$72,108
Sep 20051,39979761.4512.08$95,596
Aug 20051,41775961.519.80$94,595
Jul 20051,11276455.697.84$67,920
Jun 20051,23094952.337.38$71,371
May 20051,26287545.226.65$62,887
Apr 20051,39484049.207.36$74,768
Mar 20051,26148950.377.15$67,015
Feb 20051,21778145.226.31$59,962
Jan 20051,41895543.166.32$67,239
Dec 20041,02867539.866.75$45,533
Nov 200493568445.286.33$46,667
Oct 20041,06138249.706.52$55,220
Sep 20041,02939643.245.28$46,586
Aug 200482536042.375.55$36,953
Jul 20041,02037838.286.08$41,345
Jun 20041,03228636.106.43$39,095
May 20041,06637837.486.49$42,409
Apr 20041,07037234.475.86$39,062
Mar 20041,02628934.365.53$36,852
Feb 200485127632.455.51$29,136
Jan 200499328932.036.30$33,626
Dec 200392932530.266.30$30,160
Nov 200383123528.804.60$25,013
Oct 200392826228.174.76$27,389
Sep 200390924726.314.75$25,089
Aug 200387024829.765.13$27,163
Jul 200390230529.415.17$28,105
Jun 200394329428.565.98$28,691
May 200393231226.595.97$26,645
Apr 200394029926.675.41$26,687
Mar 200393430931.146.10$30,968
Feb 200392126833.487.93$32,959
Jan 20031,02332730.315.58$32,832
Dec 20021,03128926.914.85$29,147
Nov 20021,15623124.664.14$29,463
Oct 200291649726.464.23$26,339
Sep 200289945527.443.64$26,323
Aug 200290928725.963.16$24,506
Jul 200287428524.583.06$22,356
Jun 200273214423.733.34$17,851
May 200270830524.663.58$18,552
Apr 200275931123.653.51$19,043
Mar 200270931722.003.10$16,582
Feb 200270328418.222.38$13,483
Jan 200285025217.172.38$15,193
Dec 200174528116.932.36$13,277
Nov 200179631118.072.41$15,132
Oct 200174749319.782.53$16,022
Sep 200174526224.262.25$18,664
Aug 200178931024.873.05$20,569
Jul 200172826923.933.20$18,281
Jun 200179523324.563.82$20,416
May 200179486625.524.31$23,993
Apr 200165523024.685.34$17,393
Mar 200166325624.545.38$17,646
Feb 200161127927.755.77$18,564
Jan 200166219827.478.40$19,848
Dec 200058421626.889.12$17,668
Nov 200041217132.215.66$14,238
Oct 200049417831.235.15$16,344
Sep 200092132931.875.19$31,059
Aug 200077034529.644.54$24,389
Jul 200097936628.534.09$29,428
Jun 200078935429.304.40$24,674
May 200083233027.263.68$23,895
Apr 20001,20438924.513.12$30,722
Mar 200085929328.422.86$25,251
Feb 20001,10944627.622.73$31,847
Jan 200073234025.272.48$19,341
Dec 19991,14746224.282.42$28,969
Nov 199981241823.192.43$19,848
Oct 199982530520.982.80$18,164
Sep 199979142421.752.62$18,315
Aug 19991,16646519.262.88$23,794
Jul 19991,13653417.892.37$21,590
Jun 19991,07885115.942.36$19,193
May 199992642615.792.32$15,610
Apr 19991,05646015.102.21$16,961
Mar 19991,08345412.471.84$14,340
Feb 19991,1156479.981.82$12,304
Jan 19991,90595210.381.90$21,583
Dec 19982,0821,2159.201.77$21,309
Nov 19981,95589210.892.19$23,240
Oct 19981,9421,03712.421.97$26,162
Sep 19981,18250112.592.08$15,925
Aug 19981,57068411.301.91$19,046
Jul 19981,61181811.742.24$20,743
Jun 19981,97961211.242.24$23,613
May 19981,76561312.622.21$23,627
Apr 19982,04453313.042.51$27,989
Mar 19981,95558712.802.31$26,380
Feb 19981,65044813.952.30$24,048
Jan 19981,62055214.702.15$25,003
Dec 19971,70153916.322.41$29,060
Nov 19972,00359218.193.09$38,263
Oct 19972,28963719.253.15$46,070
Sep 19971,77352817.742.95$33,013
Aug 19971,93157717.862.55$35,962
Jul 19971,97949217.582.25$35,896
Jun 19971,88845717.242.26$33,581
May 19971,91048018.972.31$37,341
Apr 19971,92245617.882.08$35,315
Mar 19971,59344718.951.94$31,054
Feb 19971,43346820.492.21$30,395
Jan 19971,87461923.483.54$46,193
Dec 19962,46151823.32$57,391
Nov 19962,14561621.97$47,126
Oct 19962,3811,04823.31$55,501
Sep 19962,6371,25722.22$58,594
Aug 19963,1601,66020.26$64,022
Jul 19963,0971,39019.55$60,546
Jun 19962,89466018.73$54,205
May 19962,58586319.43$50,227
Apr 19962,41852521.51$52,011
Mar 19962,92370919.38$56,648
Feb 19962,81862616.98$47,850
Jan 19962,66864917.07$45,543
Dec 19952,12578117.19$36,529
Nov 19952,39895716.00$38,368
Oct 19952,3761,00015.43$36,662
Sep 19952,63568416.18$42,634
Aug 19952,67869115.92$42,634
Jul 19952,69475815.24$41,057
Jun 19952,40082716.41$39,384
May 19952,6121,08617.56$45,867
Apr 19951,9001,15617.73$33,687
Mar 19953,2131,17916.44$52,822
Feb 19952,78598916.58$46,175
Jan 19952,67486415.92$42,570
Dec 19942,7561,03715.03$41,423
Nov 19943,2251,32915.90$51,278
Oct 19943,20192015.58$49,872
Sep 19942,45393315.29$37,506
Aug 19943,0011,26816.13$48,406
Jul 19942,9001,24117.56$50,924
Jun 19943,0321,29917.09$51,817
May 19943,2511,64915.88$51,626
Apr 19942,8371,17114.14$40,115
Mar 19943,3431,15112.46$41,654
Feb 19942,62888412.50$32,850
Jan 19943,1881,43012.66$40,360
Dec 19932,9291,07312.33$36,115
Nov 199360111214.49$8,708
Oct 199395136415.85$15,073
Sep 19931,10963015.03$16,668
Aug 19931,23778415.66$19,371
Jul 199382838915.46$12,801
Jun 199366913016.79$11,233
May 19933,2961,14817.68$58,273
Apr 19932,9391,36618.05$53,049
Mar 19933,3371,18818.14$60,533
Feb 19932,64096917.90$47,256
Jan 19932,51898116.93$42,630

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.

May 2026 — as filed, then multipliedworked
Oil                  453 bbl  × $106.41 =    $48,204
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $48,204

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/O/1126 is the state's own key, not one this site invented.