HORTON

Name: HORTON lease production and value, Nov 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GEO-VEST OF TEXAS, INC. (P-5 300267) in the DANVILLE (TRAVIS PEAK CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13973District 06Field 23089812OilCasinghead gasSave Export

Value, all time

$1.4 M

Nov 1999 – May 2008

Value, last 12 filed months

$86 k

at the published price for each month

Months reported

103

no gaps in the span

Streams

oil, casinghead gas

The DANVILLE (TRAVIS PEAK CONS.) 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 85 leases and 87 wells, and the rule below applies to all of them.

Discovered

1993-11-22

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 1999-11-02.

The Commission's schedule remark for this field reads: “PER DOCKET #06-0254453.”

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
Oil	Disposition	11,633 bbl	$443,911
Casinghead gas	Production	167,403 Mcf	$916,706
Total			$1,360,617

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 32.4127, -94.8232. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41266, -94.82320 · 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

0.0%

0 of 1 wells

Median depth

8,094 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

1100.0%

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.

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 8,094 ft.

1 well


42-18330434	1	8,094 ft	—	—	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 (103)

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

103 months


May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	120	704	90.38	8.21	$16,622
Dec 2007	58	998	88.33	7.30	$12,411
Nov 2007	81	774	91.67	7.29	$13,069
Oct 2007	70	669	82.85	6.92	$10,430
Sep 2007	201	1,164	75.84	6.24	$22,512
Aug 2007	33	1,399	69.06	6.39	$11,216
Jul 2007	0	13	70.90	6.39	$83
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	101	58.74	7.85	$792
Apr 2007	49	468	59.61	7.81	$6,574
Mar 2007	138	706	56.92	7.30	$13,010
Feb 2007	81	668	55.10	8.22	$9,951
Jan 2007	129	402	50.30	6.73	$9,193
Dec 2006	81	1,810	56.65	6.92	$17,111
Nov 2006	64	1,810	54.20	7.62	$17,256
Oct 2006	78	1,156	54.90	6.01	$11,234
Sep 2006	42	2,002	60.08	5.04	$12,608
Aug 2006	57	856	68.71	7.34	$10,199
Jul 2006	68	664	69.37	6.34	$8,929
Jun 2006	110	1,311	66.28	6.38	$15,660
May 2006	109	672	66.01	6.42	$11,513
Apr 2006	227	718	64.39	7.36	$19,901
Mar 2006	174	1,298	56.70	7.08	$19,059
Feb 2006	115	640	57.59	7.75	$11,584
Jan 2006	151	710	60.59	8.93	$15,492
Dec 2005	120	263	54.94	13.42	$10,121
Nov 2005	5	168	54.69	10.59	$2,052
Oct 2005	116	696	58.34	13.80	$16,369
Sep 2005	110	1,261	61.45	12.08	$21,991
Aug 2005	130	1,446	61.51	9.80	$22,163
Jul 2005	188	1,102	55.69	7.84	$19,113
Jun 2005	94	1,370	52.33	7.38	$15,031
May 2005	77	1,400	45.22	6.65	$12,794
Apr 2005	53	880	49.20	7.36	$9,085
Mar 2005	97	1,112	50.37	7.15	$12,842
Feb 2005	100	1,111	45.22	6.31	$11,535
Jan 2005	71	449	43.16	6.32	$5,903
Dec 2004	82	1,135	39.86	6.75	$10,931
Nov 2004	71	944	45.28	6.33	$9,191
Oct 2004	99	1,009	49.70	6.52	$11,494
Sep 2004	81	1,304	43.24	5.28	$10,393
Aug 2004	89	1,355	42.37	5.55	$11,292
Jul 2004	111	3,121	38.28	6.08	$23,238
Jun 2004	164	3,115	36.10	6.43	$25,959
May 2004	188	3,222	37.48	6.49	$27,972
Apr 2004	151	3,320	34.47	5.86	$24,655
Mar 2004	158	3,555	34.36	5.53	$25,089
Feb 2004	160	3,600	32.45	5.51	$25,027
Jan 2004	176	3,907	32.03	6.30	$30,250
Dec 2003	177	3,941	30.26	6.30	$30,191
Nov 2003	109	4,007	28.80	4.60	$21,552
Oct 2003	169	4,004	28.17	4.76	$23,818
Sep 2003	178	4,002	26.31	4.75	$23,690
Aug 2003	99	4,015	29.76	5.13	$23,542
Jul 2003	179	4,018	29.41	5.17	$26,041
Jun 2003	184	4,001	28.56	5.98	$29,193
May 2003	28	2,033	26.59	5.97	$12,887
Apr 2003	155	4,200	26.67	5.41	$26,844
Mar 2003	91	2,445	31.14	6.10	$17,739
Feb 2003	89	1,995	33.48	7.93	$18,792
Jan 2003	104	2,111	30.31	5.58	$14,936
Dec 2002	87	2,101	26.91	4.85	$12,539
Nov 2002	38	678	24.66	4.14	$3,742
Oct 2002	71	909	26.46	4.23	$5,723
Sep 2002	154	1,233	27.44	3.64	$8,708
Aug 2002	119	1,237	25.96	3.16	$7,003
Jul 2002	131	1,237	24.58	3.06	$7,007
Jun 2002	117	1,233	23.73	3.34	$6,892
May 2002	169	1,251	24.66	3.58	$8,651
Apr 2002	85	1,247	23.65	3.51	$6,390
Mar 2002	93	1,301	22.00	3.10	$6,083
Feb 2002	102	1,200	18.22	2.38	$4,709
Jan 2002	103	1,330	17.17	2.38	$4,928
Dec 2001	95	1,370	16.93	2.36	$4,848
Nov 2001	110	1,375	18.07	2.41	$5,295
Oct 2001	172	1,380	19.78	2.53	$6,892
Sep 2001	101	1,380	24.26	2.25	$5,557
Aug 2001	94	1,385	24.87	3.05	$6,566
Jul 2001	104	1,411	23.93	3.20	$7,000
Jun 2001	99	1,200	24.56	3.82	$7,020
May 2001	125	1,535	25.52	4.31	$9,802
Apr 2001	124	1,528	24.68	5.34	$11,213
Mar 2001	186	1,397	24.54	5.38	$12,075
Feb 2001	189	2,122	27.75	5.77	$17,482
Jan 2001	134	2,598	27.47	8.40	$25,501
Dec 2000	218	3,496	26.88	9.12	$37,752
Nov 2000	358	2,089	32.21	5.66	$23,351
Oct 2000	166	2,088	31.23	5.15	$15,928
Sep 2000	95	2,090	31.87	5.19	$13,867
Aug 2000	130	2,097	29.64	4.54	$13,375
Jul 2000	127	2,007	28.53	4.09	$11,831
Jun 2000	121	2,095	29.30	4.40	$12,758
May 2000	165	2,176	27.26	3.68	$12,505
Apr 2000	114	2,184	24.51	3.12	$9,599
Mar 2000	160	2,324	28.42	2.86	$11,193
Feb 2000	133	2,047	27.62	2.73	$9,255
Jan 2000	163	2,339	25.27	2.48	$9,921
Dec 1999	158	1,517	24.28	2.42	$7,513
Nov 1999	234	1,886	23.19	2.43	$10,017

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.

Jan 2008 — as filed, then multipliedworked

Oil                  120 bbl  × $ 90.38 =    $10,846
Casinghead gas       704 Mcf  × $  8.21 =     $5,777

────────────────────────────────────────────────────
Month total                                  $16,622

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/13973 is the state's own key, not one this site invented.