HONDO -7-

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) in the KERMIT (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 129303District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$235 k
Jan 1993 – Jun 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
258
no gaps in the span
Streams
1
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 215 leases and 215 wells, and the rule below applies to all of them.

Discovered
1928-05-05
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 1987-06-15.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED 4/1/95 PER COMPLETED AOF SURVEY

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
GasProduction108,804 Mcf$235,027
Total$235,027

49,475 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 31.8322, -103.0797. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.83220, -103.07965 · 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
2,900 ft
1 wells filed one
Completion to plug
25.6 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 2,900 ft.

Completions filed
Nov 1988
1 of 1 wells
Plug dates filed
Jun 2014
1 of 1 wells

Last completion to plug: a median of 25.6 years across the 1 well that filed both dates, with the middle half between 25.6 years and 25.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4953221112,900 ftNov 1988Jun 2014Yes

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 (258)

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

258 months

Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009671.445.48$33
Nov 20091474.593.75$53
Oct 20093872.544.11$156
Sep 20094965.543.06$150
Aug 20091667.423.22$52
Jul 20094661.133.46$159
Jun 20097566.163.90$292
May 20097254.743.93$283
Apr 20092646.773.59$93
Mar 20093142.144.06$126
Feb 20099932.814.63$459
Jan 200914735.865.37$790
Dec 200815537.105.98$926
Nov 200811855.496.86$810
Oct 200811575.246.92$796
Sep 200855101.767.88$433
Aug 2008104114.228.48$882
Jul 200848131.0811.39$547
Jun 200829131.3313.03$378
May 200841123.1711.57$475
Apr 200841110.3110.45$429
Mar 200848101.909.66$464
Feb 20086392.538.77$553
Jan 20087490.388.21$607
Dec 20076688.337.30$482
Nov 20078191.677.29$591
Oct 200711982.856.92$824
Sep 200712675.846.24$787
Aug 20079969.066.39$632
Jul 20079870.906.39$626
Jun 200710362.007.55$777
May 200710958.747.85$855
Apr 200712759.617.81$991
Mar 200713856.927.30$1,008
Feb 200712755.108.22$1,043
Jan 200714850.306.73$996
Dec 200615556.656.92$1,072
Nov 200615954.207.62$1,211
Oct 200618454.906.01$1,107
Sep 200620760.085.04$1,043
Aug 200620368.717.34$1,490
Jul 200616369.376.34$1,034
Jun 200615566.286.38$990
May 200618266.016.42$1,169
Apr 200620964.397.36$1,538
Mar 200626456.707.08$1,870
Feb 200622857.597.75$1,767
Jan 200618260.598.93$1,626
Dec 200517954.9413.42$2,401
Nov 200525754.6910.59$2,721
Oct 200527858.3413.80$3,835
Sep 200528961.4512.08$3,491
Aug 200528861.519.80$2,821
Jul 200536955.697.84$2,894
Jun 200537552.337.38$2,768
May 200541145.226.65$2,734
Apr 200538349.207.36$2,819
Mar 200538350.377.15$2,740
Feb 200531845.226.31$2,007
Jan 200531043.166.32$1,960
Dec 200436539.866.75$2,464
Nov 200424145.286.33$1,526
Oct 200421549.706.52$1,401
Sep 200424743.245.28$1,305
Aug 200422542.375.55$1,249
Jul 200424638.286.08$1,497
Jun 200423536.106.43$1,512
May 200422437.486.49$1,455
Apr 200420634.475.86$1,207
Mar 200424934.365.53$1,377
Feb 200426232.455.51$1,444
Jan 200429832.036.30$1,877
Dec 200331130.266.30$1,960
Nov 200332728.804.60$1,503
Oct 200333728.174.76$1,604
Sep 200329526.314.75$1,401
Aug 200329829.765.13$1,529
Jul 200326729.415.17$1,381
Jun 20034528.565.98$269
May 200316926.595.97$1,009
Apr 200325126.675.41$1,357
Mar 200325431.146.10$1,548
Feb 200322933.487.93$1,815
Jan 200335130.315.58$1,959
Dec 200217826.914.85$864
Nov 200213424.664.14$554
Oct 20026626.464.23$279
Sep 20029427.443.64$342
Aug 200224725.963.16$782
Jul 200225824.583.06$790
Jun 200223923.733.34$798
May 20029424.663.58$337
Apr 200245923.653.51$1,612
Mar 200243922.003.10$1,362
Feb 200274218.222.38$1,763
Jan 20021,12217.172.38$2,666
Dec 200155416.932.36$1,310
Nov 200142718.072.41$1,027
Oct 200151019.782.53$1,290
Sep 200148824.262.25$1,099
Aug 200149624.873.05$1,514
Jul 200156323.933.20$1,800
Jun 200156424.563.82$2,157
May 200156425.524.31$2,429
Apr 200155924.685.34$2,982
Mar 200153024.545.38$2,850
Feb 200139427.755.77$2,272
Jan 200147027.478.40$3,947
Dec 200047326.889.12$4,315
Nov 200060132.215.66$3,400
Oct 200059231.235.15$3,046
Sep 200051531.875.19$2,671
Aug 200056829.644.54$2,579
Jul 200058528.534.09$2,393
Jun 200059729.304.40$2,625
May 200063427.263.68$2,333
Apr 200056024.513.12$1,745
Mar 200043828.422.86$1,253
Feb 200039127.622.73$1,066
Jan 200047725.272.48$1,183
Dec 199953224.282.42$1,289
Nov 199950423.192.43$1,227
Oct 199950020.982.80$1,402
Sep 199958921.752.62$1,543
Aug 199944819.262.88$1,288
Jul 199948117.892.37$1,141
Jun 199949615.942.36$1,172
May 199954415.792.32$1,263
Apr 199961615.102.21$1,360
Mar 199955112.471.84$1,013
Feb 19996469.981.82$1,174
Jan 199965710.381.90$1,248
Dec 19986129.201.77$1,085
Nov 199877710.892.19$1,698
Oct 199866012.421.97$1,300
Sep 199883112.592.08$1,731
Aug 199876911.301.91$1,467
Jul 199887511.742.24$1,958
Jun 19981,06311.242.24$2,378
May 19981,33012.622.21$2,934
Apr 199834513.042.51$864
Mar 199812412.802.31$286
Feb 199873113.952.30$1,681
Jan 199857414.702.15$1,237
Dec 199734316.322.41$827
Nov 199783618.193.09$2,582
Oct 19971,13119.253.15$3,562
Sep 19971,41817.742.95$4,190
Aug 19971,11017.862.55$2,836
Jul 19971,07517.582.25$2,415
Jun 19971,04317.242.26$2,354
May 19971,09818.972.31$2,535
Apr 19971,07617.882.08$2,241
Mar 19971,15218.951.94$2,234
Feb 19971,09520.492.21$2,415
Jan 199794623.483.54$3,349
Dec 199686323.32$0
Nov 199699721.97$0
Oct 19961,14923.31$0
Sep 19961,12922.22$0
Aug 199680820.26$0
Jul 199673919.55$0
Jun 199673018.73$0
May 199674519.43$0
Apr 199665121.51$0
Mar 199660519.38$0
Feb 199655616.98$0
Jan 199657117.07$0
Dec 199553817.19$0
Nov 199548116.00$0
Oct 199547415.43$0
Sep 199547416.18$0
Aug 199557815.92$0
Jul 199583615.24$0
Jun 199580016.41$0
May 199585217.56$0
Apr 199578417.73$0
Mar 199590216.44$0
Feb 199584716.58$0
Jan 199594915.92$0
Dec 199498615.03$0
Nov 199497715.90$0
Oct 199492315.58$0
Sep 199493515.29$0
Aug 19941,41716.13$0
Jul 19941,30917.56$0
Jun 19941,22917.09$0
May 19941,21115.88$0
Apr 19941,06814.14$0
Mar 19941,26412.46$0
Feb 19941,22112.50$0
Jan 19941,82412.66$0
Dec 199388612.33$0
Nov 19931,26814.49$0
Oct 19931,34215.85$0
Sep 19931,34915.03$0
Aug 19931,46015.66$0
Jul 19931,53215.46$0
Jun 19931,54416.79$0
May 19931,67817.68$0
Apr 19931,74018.05$0
Mar 19931,44318.14$0
Feb 19931,36517.90$0
Jan 19931,44616.93$0

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.

Dec 2009 — as filed, then multipliedworked
Gas                    6 Mcf  × $  5.48 =        $33

────────────────────────────────────────────────────
Month total                                      $33

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. 08/G/129303 is the state's own key, not one this site invented.