NEW HOPE UNIT

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

Oil lease lease 1129District 06Field 65157400OilCasinghead gasSave
Value, all time
$12.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$330 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
OilDisposition266,318 bbl$11,972,745
Casinghead gasProduction104,642 Mcf$471,940
Total$12,444,685

12,436 Mcf of this lease's gas, across 46 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 (5)

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 33.0339, -95.1938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles. 3 wells have no surveyed location and are left out of it.

33.03387, -95.19380 · centre of 2 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
80.0%
4 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
8,230 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
480.0%
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.
120.0%

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 8,230 ft.

Completions filed
Aug 1994
1 of 5 wells; 4 filed none

5 wells

42-1590051491 CYes
42-1598003721 CYes
42-1598003892 CYes
42-15980039101 TYes
42-1590052121T8,230 ftAug 1994

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 20266510106.413.05$69,273
Apr 2026694098.932.87$68,657
Mar 2026587089.753.15$52,683
Feb 20269063.503.75$572
Jan 20269059.138.00$532
Dec 202519056.664.41$1,077
Nov 2025113058.593.93$6,621
Oct 2025413059.383.30$24,524
Sep 2025395062.743.08$24,782
Aug 2025430063.933.01$27,490
Jul 2025458066.743.32$30,567
Jun 2025343066.483.13$22,803
May 202520060.553.23$1,211
Apr 2025177062.363.54$11,038
Mar 2025510067.704.27$34,527
Feb 2025510070.884.34$36,149
Jan 2025539074.324.28$40,058
Dec 2024594068.993.12$40,980
Nov 2024545069.052.20$37,632
Oct 2024459071.372.28$32,759
Sep 2024569069.612.36$39,608
Aug 2024540075.632.06$40,840
Jul 2024305079.932.15$24,379
Jun 2024311078.082.63$24,283
May 2024410078.812.20$32,312
Apr 2024369084.451.66$31,162
Mar 2024471080.301.55$37,821
Feb 2024438076.091.78$33,327
Jan 2024389073.023.30$28,405
Dec 2023581071.262.61$41,402
Nov 2023718077.892.81$55,925
Oct 202357324485.443.09$49,710
Sep 202352428689.042.74$47,439
Aug 202359938280.522.67$49,253
Jul 202346532074.852.64$35,651
Jun 202362937168.962.26$44,214
May 202353935370.622.23$38,850
Apr 202352432378.122.24$41,658
Mar 20231437572.852.39$10,597
Feb 20233075.112.47$225
Jan 202351576.533.39$3,920
Dec 20222305276.415.73$17,872
Nov 202253622785.005.65$46,842
Oct 202258332287.185.86$52,714
Sep 202229316284.888.16$26,192
Aug 202252433694.529.13$52,595
Jul 2022477216101.587.54$50,083
Jun 2022290121115.097.98$34,341
May 2022162118109.378.43$18,713
Apr 2022240104.226.84$2,501
Mar 2022301190108.885.08$33,737
Feb 202257431191.054.86$53,774
Jan 202262730581.844.54$52,698
Dec 202160138971.323.90$44,380
Nov 202163737877.435.24$51,302
Oct 202157639279.795.71$48,199
Sep 202122212369.865.35$16,167
Aug 202164641966.024.22$44,417
Jul 202160740370.783.98$44,568
Jun 202154821469.493.38$38,804
May 202160835863.483.02$39,676
Apr 202157533260.362.76$35,623
Mar 202162314261.302.72$38,576
Feb 202137621257.805.55$22,909
Jan 202164522850.412.81$33,155
Dec 202058135844.642.68$26,894
Nov 202052743938.772.71$21,620
Oct 2020372336.972.48$1,425
Sep 202021037.091.99$779
Aug 202026316139.982.39$10,899
Jul 202064041738.371.83$25,318
Jun 202039732534.901.69$14,405
May 20200016.921.81$0
Apr 202051014.751.80$752
Mar 202059444230.341.86$18,842
Feb 202056438949.881.98$28,903
Jan 202064150257.252.09$37,749
Dec 201969554859.012.30$42,275
Nov 201948545155.302.75$28,061
Oct 201939053.472.42$2,085
Sep 201940824155.052.66$23,101
Aug 201964354253.112.30$35,399
Jul 201938535556.272.46$22,537
Jun 201934052.782.49$1,795
May 201929625158.482.74$17,998
Apr 201957147162.632.75$37,057
Mar 201965551056.803.06$38,766
Feb 201959948850.852.79$31,822
Jan 201952042546.033.23$25,308
Dec 201860850246.594.19$30,428
Nov 201866551952.934.24$37,398
Oct 201849545161.443.40$31,945
Sep 201851823059.543.11$31,557
Aug 201854650259.403.07$33,972
Jul 201859750465.142.93$40,366
Jun 201856047060.183.08$35,147
May 201858646165.382.90$39,650
Apr 201853841863.842.90$35,558
Mar 201860049561.222.79$38,111
Feb 201849132261.782.77$31,225
Jan 201838122162.874.01$24,840
Dec 201744431557.272.92$26,348
Nov 201748338455.423.12$27,965
Oct 201741331449.292.98$21,294
Sep 201727919647.523.09$13,863
Aug 201736934645.373.00$17,781
Jul 201729426743.873.09$13,722
Jun 2017596142.493.09$2,695
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20162233.011.79$70
Feb 20161226.472.06$31
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201567042.892.93$2,874
Feb 201550334444.662.98$23,488
Jan 201552728443.433.10$23,768
Dec 201461239254.693.59$34,878
Nov 201459341370.464.25$43,539
Oct 201456741378.303.90$46,007
Sep 201457942586.164.05$51,606
Aug 2014623989.394.04$5,700
Jul 201431096.564.18$2,993
Jun 201425716098.164.74$25,985
May 201444427594.734.73$43,360
Apr 201428919495.944.81$28,660
Mar 201430217895.895.06$29,859
Feb 201423619597.406.19$24,194
Jan 2014786790.404.86$7,377
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201312797.423.78$1,196
Sep 20133816104.113.72$4,016
Aug 20132111104.253.52$2,228
Jul 20139051102.523.72$9,416
Jun 2013753994.403.93$7,233
May 201329012394.834.15$28,011
Apr 201359533993.964.28$57,358
Mar 201378940593.623.91$75,451
Feb 201366938591.233.42$62,350
Jan 201387951291.603.42$82,267
Dec 201269533486.773.42$61,447
Nov 201234828886.953.62$31,303
Oct 201216612489.383.40$15,259
Sep 201218511694.672.92$17,852
Aug 20121035392.662.91$9,698
Jul 201246518285.133.02$40,135
Jun 201295569779.822.52$77,984
May 20121,17768191.612.49$109,520
Apr 2012892689101.652.00$92,048
Mar 2012917535105.052.22$97,520
Feb 2012820430101.102.57$84,007
Jan 201255627298.092.73$55,282
Dec 201159733296.873.24$58,907
Nov 201125915295.723.31$25,295
Oct 20111836384.983.65$15,781
Sep 201132322983.623.99$27,922
Aug 201138720383.404.15$33,118
Jul 201173048394.144.52$70,904
Jun 201171832392.904.64$68,201
May 201168032398.134.40$68,151
Apr 2011817357105.964.33$88,116
Mar 201184764496.364.06$84,230
Feb 201166935485.644.18$58,773
Jan 201176759986.504.59$69,094
Dec 20101,004085.734.35$86,073
Nov 20101,239080.843.80$100,161
Oct 20101,216078.103.51$94,970
Sep 201088641072.633.98$65,982
Aug 2010943073.684.42$69,480
Jul 201096628172.554.74$71,414
Jun 20101,06382370.364.91$78,834
May 20101,04278471.124.24$77,427
Apr 20101,12847081.694.12$94,084
Mar 20101,17481878.394.39$95,620
Feb 201074547773.585.44$57,413
Jan 20101,28156274.365.96$98,607
Dec 20091,13066371.445.48$84,363
Nov 200991355474.593.75$70,179
Oct 200972225072.544.11$53,401
Sep 20091,01751765.543.06$68,239
Aug 20091,00268467.423.22$69,756
Jul 200993945061.133.46$58,960
Jun 20098129666.163.90$54,096
May 200995811254.743.93$52,881
Apr 200991819046.773.59$43,616
Mar 200988520842.144.06$38,138
Feb 200964924032.814.63$22,406
Jan 200979720735.865.37$29,692
Dec 200868519337.105.98$26,567
Nov 200875511255.496.86$42,663
Oct 200884169175.246.92$68,060
Sep 2008556143101.767.88$57,705
Aug 2008589141114.228.48$68,472
Jul 2008904422131.0811.39$123,303
Jun 20088052,406131.3313.03$137,077
May 20088772,427123.1711.57$136,111
Apr 20081,0542,800110.3110.45$145,540
Mar 20081,0201,673101.909.66$120,106
Feb 200894859792.538.77$92,954
Jan 20081,04974290.388.21$100,897
Dec 200765547388.337.30$61,310
Nov 200737230091.677.29$36,289
Oct 200751447482.856.92$45,866
Sep 200750036075.846.24$40,168
Aug 200761248969.066.39$45,388
Jul 200763235570.906.39$47,077
Jun 200730824062.007.55$20,908
May 200767940758.747.85$43,078
Apr 200756945859.617.81$37,493
Mar 200761842956.927.30$38,309
Feb 200778553255.108.22$47,624
Jan 200781544950.306.73$44,015
Dec 200699360056.656.92$60,405
Nov 200633424154.207.62$19,939
Oct 200624915054.906.01$14,572
Sep 200673838860.085.04$46,293
Aug 200655243168.717.34$41,091
Jul 20060069.376.34$0
Jun 200614910266.286.38$10,527
May 200652627066.016.42$36,456
Apr 200659340364.397.36$41,150
Mar 200663640256.707.08$38,909
Feb 200639329357.597.75$24,904
Jan 200642129460.598.93$28,135
Dec 200540225254.9413.42$25,467
Nov 20051941154.6910.59$10,726
Oct 2005377058.3413.80$21,994
Sep 200536720261.4512.08$24,992
Aug 200567840961.519.80$45,711
Jul 200560939055.697.84$36,974
Jun 200556946852.337.38$33,230
May 200568245445.226.65$33,860
Apr 200594656049.207.36$50,665
Mar 200573028350.377.15$38,795
Feb 200574851645.226.31$37,082
Jan 20051,11068443.166.32$52,232
Dec 200492457339.866.75$40,699
Nov 200486458145.286.33$42,800
Oct 200483318749.706.52$42,618
Sep 200480819443.245.28$35,963
Aug 200464817742.375.55$28,438
Jul 200480118538.286.08$31,788
Jun 200481114136.106.43$30,184
May 200483818537.486.49$32,610
Apr 200484018334.475.86$30,027
Mar 200480614234.365.53$28,479
Feb 200466913632.455.51$22,458
Jan 200478014232.036.30$25,878
Dec 200375016030.266.30$23,703
Nov 200394616828.804.60$28,017
Oct 20031,05618528.174.76$30,628
Sep 20031,03517526.314.75$28,062
Aug 200399017629.765.13$30,365
Jul 20031,02621729.415.17$31,297
Jun 20031,07320928.565.98$31,895
May 20031,06122226.595.97$29,538
Apr 20031,06921226.675.41$29,657
Mar 20031,06322031.146.10$34,443
Feb 20031,04819033.487.93$36,593
Jan 20031,17923130.315.58$37,025
Dec 20021,35623826.914.85$37,645
Nov 20021,43118124.664.14$36,037
Oct 200291524426.464.23$25,243
Sep 200289522727.443.64$25,384
Aug 200289324625.963.16$23,961
Jul 200288424024.583.06$22,464
Jun 200286912423.733.34$21,035
May 200297026324.663.58$24,863
Apr 200298325923.653.51$24,158
Mar 200272221722.003.10$16,557
Feb 200245910418.222.38$8,610
Jan 200297515117.172.38$17,099
Dec 200195823216.932.36$16,767
Nov 200188325918.072.41$16,579
Oct 200186524519.782.53$17,729
Sep 200176123424.262.25$18,989
Aug 200173127524.873.05$19,020
Jul 200160624023.933.20$15,269
Jun 200162923424.563.82$16,343
May 200197421825.524.31$25,795
Apr 200188423824.685.34$23,087
Mar 200196119724.545.38$24,642
Feb 200188521427.755.77$25,793
Jan 200193123227.478.40$27,523
Dec 200084325326.889.12$24,968
Nov 200092019832.215.66$30,753
Oct 20001,06223631.235.15$34,381
Sep 200096823531.875.19$32,069
Aug 200060924629.644.54$19,168
Jul 20001,16026128.534.09$34,162
Jun 200083322829.304.40$25,409
May 200074323827.263.68$21,130
Apr 200073313324.513.12$18,380
Mar 200091023628.422.86$26,537
Feb 20001,55234027.622.73$43,793
Jan 20001,01028125.272.48$26,220
Dec 19991,30321624.282.42$32,160
Nov 19991,12621923.192.43$26,645
Oct 19991,24426220.982.80$26,834
Sep 199971727021.752.62$16,302
Aug 19991,05023919.262.88$20,910
Jul 199991723817.892.37$16,970
Jun 19991,00728315.942.36$16,720
May 19991,10129915.792.32$18,079
Apr 19991,14838415.102.21$18,183
Mar 19991,20437112.471.84$15,696
Feb 19998933249.981.82$9,501
Jan 19991,03737910.381.90$11,484
Dec 19989403409.201.77$9,251
Nov 199896032210.892.19$11,158
Oct 199884329012.421.97$11,041
Sep 199874323512.592.08$9,844
Aug 19981,04631811.301.91$12,426
Jul 19981,03132711.742.24$12,836
Jun 199893122011.242.24$10,957
May 199890822112.622.21$11,947
Apr 19981,16419113.042.51$15,657
Mar 19981,10721112.802.31$14,657
Feb 19981,10416113.952.30$15,771
Jan 19981,14819914.702.15$17,304
Dec 19971,31619516.322.41$21,947
Nov 19971,07021418.193.09$20,124
Oct 19971,05722119.253.15$21,043
Sep 199789223417.742.95$16,516
Aug 19971,17617717.862.55$21,456
Jul 199762814917.582.25$11,375
Jun 199789613917.242.26$15,761
May 199794014618.972.31$18,169
Apr 199792212517.882.08$16,746
Mar 19971,11912418.951.94$21,446
Feb 199785612920.492.21$17,824
Jan 19971,20917523.483.54$29,007
Dec 19961,09022923.32$25,419
Nov 199696733621.97$21,245
Oct 19961,11928423.31$26,084
Sep 19961,13130622.22$25,131
Aug 19961,17140420.26$23,724
Jul 199686630119.55$16,930
Jun 199672615918.73$13,598
May 199696619019.43$18,769
Apr 199680911221.51$17,402
Mar 19961,24017119.38$24,031
Feb 19961,66218316.98$28,221
Jan 199698712417.07$16,848
Dec 199599827517.19$17,156
Nov 19951,03928116.00$16,624
Oct 19951,06728115.43$16,464
Sep 199593920216.18$15,193
Aug 199597521415.92$15,522
Jul 19951,08320715.24$16,505
Jun 19951,15422516.41$18,937
May 19951,18932017.56$20,879
Apr 19951,23045717.73$21,808
Mar 19951,54835416.44$25,449
Feb 19951,37529216.58$22,798
Jan 19951,54830115.92$24,644
Dec 19942,14352415.03$32,209
Nov 19941,52038615.90$24,168
Oct 19941,67434315.58$26,081
Sep 19941,48935215.29$22,767
Aug 19941,83153016.13$29,534
Jul 19941,15030717.56$20,194
Jun 19941,22533617.09$20,935
May 19941,08733915.88$17,262
Apr 19941,13329614.14$16,021
Mar 19941,17924012.46$14,690
Feb 19941,41229312.50$17,650
Jan 19941,82853812.66$23,142
Dec 199377516312.33$9,556
Nov 19935738514.49$8,303
Oct 19931744715.85$2,758
Sep 19930015.03$0
Aug 1993151015.66$2,365
Jul 199378220315.46$12,090
Jun 199380324616.79$13,482
May 199385218417.68$15,063
Apr 199379322718.05$14,314
Mar 19931,00022718.14$18,140
Feb 199369915417.90$12,512
Jan 199381820816.93$13,849

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                  651 bbl  × $106.41 =    $69,273
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $69,273

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/1129 is the state's own key, not one this site invented.