HILDEBRAND

Operated by WAGNER & BROWN, LTD. (P-5 891075) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 140937District 08Field 20097700CondensateGasSaveExport
Value, all time
$76 k
Jan 1993 – Jun 1998
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
66
no gaps in the span
Streams
2
condensate, 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 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered
1978-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810

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
CondensateDisposition949 bbl$15,971
GasProduction142,459 Mcf$60,400
Total$76,372

118,386 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 31.7291, -101.1509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72914, -101.15091 · 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
0.0%
0 of 1 wells
Median depth
8,120 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 8,120 ft.

Completions filed
May 1978
1 of 1 wells

1 well

42-4313065624098,120 ftMay 1978Yes

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 (66)

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

66 months

Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19984012.802.31$51
Feb 1998151,53713.952.30$3,743
Jan 1998191,74814.702.15$4,046
Dec 1997201,69416.322.41$4,411
Nov 1997171,62318.193.09$5,321
Oct 1997161,71419.253.15$5,707
Sep 1997111,52317.742.95$4,695
Aug 199791,64117.862.55$4,353
Jul 1997101,86517.582.25$4,366
Jun 1997101,81417.242.26$4,267
May 1997101,77018.972.31$4,276
Apr 1997141,79817.882.08$3,995
Mar 1997131,84018.951.94$3,814
Feb 1997141,63620.492.21$3,896
Jan 1997171,87023.483.54$7,018
Dec 1996151,94023.32$350
Nov 199681,76321.97$176
Oct 1996112,15623.31$256
Sep 1996132,05222.22$289
Aug 199682,19220.26$162
Jul 199652,20219.55$98
Jun 199662,16418.73$112
May 199672,29219.43$136
Apr 1996112,22221.51$237
Mar 1996172,21319.38$329
Feb 1996162,06216.98$272
Jan 1996112,26617.07$188
Dec 1995112,37217.19$189
Nov 199521,93916.00$32
Oct 1995102,40115.43$154
Sep 1995112,34916.18$178
Aug 199592,47615.92$143
Jul 199592,33415.24$137
Jun 199582,35316.41$131
May 1995112,48717.56$193
Apr 1995152,37217.73$266
Mar 1995182,37216.44$296
Feb 1995172,19516.58$282
Jan 1995212,34815.92$334
Dec 1994192,37715.03$286
Nov 1994162,37515.90$254
Oct 1994152,67415.58$234
Sep 1994142,66115.29$214
Aug 1994122,73316.13$194
Jul 1994132,80617.56$228
Jun 1994162,64617.09$273
May 1994162,53515.88$254
Apr 1994162,44714.14$226
Mar 1994192,57112.46$237
Feb 1994202,27012.50$250
Jan 1994272,59012.66$342
Dec 1993312,08512.33$382
Nov 1993252,46314.49$362
Oct 1993222,64915.85$349
Sep 1993192,78615.03$286
Aug 1993173,05815.66$266
Jul 1993193,09715.46$294
Jun 1993202,88916.79$336
May 1993223,14717.68$389
Apr 1993303,29618.05$542
Mar 1993263,28118.14$472
Feb 1993243,19817.90$430
Jan 1993222,23016.93$372

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.

Mar 1998 — as filed, then multipliedworked
Condensate             4 bbl  × $ 12.80 =        $51
Gas                    0 Mcf  × $  2.31 =         $0

────────────────────────────────────────────────────
Month total                                      $51

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/140937 is the state's own key, not one this site invented.