HAYES

Operated by CARTER RESOURCES (P-5 137330) in the WILLOW SPRINGS (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12949District 06Field 97752830OilCasinghead gasSaveExport
Value, all time
$411 k
Jan 1993 – Jun 2002
Value, last 12 filed months
$94 k
at the published price for each month
Months reported
114
no gaps in the span
Streams
2
oil, casinghead 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 311 leases and 315 wells, and the rule below applies to all of them.

Discovered
1954-01-30
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2000-06-22.

The Commission's schedule remark for this field reads: #06-0224806.

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
OilDisposition8,703 bbl$153,124
Casinghead gasProduction159,531 Mcf$258,087
Total$411,211

65,706 Mcf of this lease's gas, across 47 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 32.5280, -94.7604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.52802, -94.76037 · 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
9,550 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

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 9,550 ft.

Completions filed
Jan 2015
1 of 1 wells
Plug dates filed
May 1990
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1833077019,550 ftJan 2015May 1990Yes

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 (114)

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

114 months

Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002140023.653.51$3,311
Mar 20020022.003.10$0
Feb 200203,40018.222.38$8,077
Jan 200203,99517.172.38$9,491
Dec 200104,05216.932.36$9,581
Nov 200104,10518.072.41$9,875
Oct 200104,48519.782.53$11,342
Sep 200104,40524.262.25$9,917
Aug 200105,43724.873.05$16,600
Jul 200105,04723.933.20$16,136
Jun 200103,56424.563.82$13,629
May 2001045125.524.31$1,943
Apr 200114510624.685.34$4,144
Mar 2001042924.545.38$2,306
Feb 2001051327.755.77$2,959
Jan 2001048127.478.40$4,040
Dec 2000023326.889.12$2,126
Nov 200018053232.215.66$8,808
Oct 2000042531.235.15$2,187
Sep 2000097131.875.19$5,036
Aug 200001,09729.644.54$4,981
Jul 200016258028.534.09$6,994
Jun 2000088129.304.40$3,874
May 20001661,45627.263.68$9,883
Apr 200006124.513.12$190
Mar 200001,30128.422.86$3,721
Feb 200001,08127.622.73$2,947
Jan 200016999925.272.48$6,749
Dec 199901,14424.282.42$2,773
Nov 199901,21923.192.43$2,967
Oct 19991621,27620.982.80$6,976
Sep 199901,22921.752.62$3,219
Aug 199901,27219.262.88$3,658
Jul 19991721,28417.892.37$6,123
Jun 199901,36015.942.36$3,212
May 1999071015.792.32$1,648
Apr 19991521,18315.102.21$4,907
Mar 199901,06712.471.84$1,962
Feb 19991679789.981.82$3,444
Jan 199901,12110.381.90$2,130
Dec 199801,0879.201.77$1,928
Nov 199801,17610.892.19$2,570
Oct 19981751,08112.421.97$4,302
Sep 199801,08012.592.08$2,249
Aug 199801,20211.301.91$2,293
Jul 19981311,25211.742.24$4,339
Jun 199801,13911.242.24$2,548
May 19981641,22612.622.21$4,775
Apr 199801,23113.042.51$3,084
Mar 19981731,22712.802.31$5,048
Feb 199801,00213.952.30$2,304
Jan 199801,16114.702.15$2,502
Dec 19971531,21616.322.41$5,429
Nov 199701,18618.193.09$3,663
Oct 19971451,44019.253.15$7,327
Sep 199701,15317.742.95$3,407
Aug 199713881017.862.55$4,534
Jul 199701,25617.582.25$2,822
Jun 19971671,68317.242.26$6,678
May 19971421,81318.972.31$6,879
Apr 199701,37817.882.08$2,870
Mar 19971761,40918.951.94$6,067
Feb 199701,28020.492.21$2,824
Jan 19971291,40723.483.54$8,009
Dec 19961571,34323.32$3,661
Nov 199601,40821.97$0
Oct 1996157423.31$3,660
Sep 199601,53122.22$0
Aug 19961591,53720.26$3,221
Jul 19961591,01019.55$3,108
Jun 19960418.73$0
May 19961601,62219.43$3,109
Apr 199601,52221.51$0
Mar 19961761,62219.38$3,411
Feb 19961661,15816.98$2,819
Jan 19960417.07$0
Dec 199510642217.19$1,822
Nov 1995029816.00$0
Oct 1995037315.43$0
Sep 1995035016.18$0
Aug 1995043015.92$0
Jul 1995060615.24$0
Jun 19951701,56816.41$2,790
May 199511,25617.56$18
Apr 1995053017.73$0
Mar 1995064816.44$0
Feb 199510134116.58$1,675
Jan 19951015.92$16
Dec 19941861,29115.03$2,796
Nov 199411,27015.90$16
Oct 19941851,13515.58$2,882
Sep 199401,71415.29$0
Aug 19941812,01316.13$2,920
Jul 19941791,97317.56$3,143
Jun 19941822,28117.09$3,110
May 19941831,95915.88$2,906
Apr 19941812,24514.14$2,559
Mar 19941832,26312.46$2,280
Feb 199402,13612.50$0
Jan 19941762,35412.66$2,228
Dec 19933632,47712.33$4,476
Nov 19931813,01614.49$2,623
Oct 19934452,69015.85$7,053
Sep 19931802,01015.03$2,705
Aug 19931792,67015.66$2,803
Jul 19933552,79415.46$5,488
Jun 199301,70016.79$0
May 1993017717.68$0
Apr 19931801,53818.05$3,249
Mar 19931821,47818.14$3,301
Feb 199301,38617.90$0
Jan 19931801,54916.93$3,047

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.

Apr 2002 — as filed, then multipliedworked
Oil                  140 bbl  × $ 23.65 =     $3,311
Casinghead gas         0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                   $3,311

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/12949 is the state's own key, not one this site invented.