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 140945District 08Field 200977002 tax incentive programmesCondensateGasSaveExport
Value, all time
$43 k
Jan 1993 – May 1997
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
53
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111992-04-09125183
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition1,995 bbl$33,752
GasProduction190,674 Mcf$9,278
Total$43,029

188,053 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 31.7385, -101.1537. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73848, -101.15373 · 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
8,325 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 8,325 ft.

Completions filed
Apr 1991
1 of 1 wells

1 well

42-4313215791268,325 ftApr 1991Yes

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 (53)

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

53 months

May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 199712020.492.21$246
Jan 1997522,62123.483.54$10,499
Dec 1996622,67023.32$1,446
Nov 1996442,57321.97$967
Oct 1996392,72523.31$909
Sep 199692,41122.22$200
Aug 1996152,62620.26$304
Jul 1996202,80419.55$391
Jun 1996212,73018.73$393
May 1996262,84319.43$505
Apr 1996332,78521.51$710
Mar 1996392,95819.38$756
Feb 1996392,79916.98$662
Jan 1996433,07117.07$734
Dec 1995463,14417.19$791
Nov 1995383,03216.00$608
Oct 1995293,23515.43$447
Sep 1995313,19516.18$502
Aug 1995293,33115.92$462
Jul 1995343,49515.24$518
Jun 1995423,33016.41$689
May 1995453,52517.56$790
Apr 1995473,56817.73$833
Mar 1995583,64216.44$954
Feb 1995573,44616.58$945
Jan 1995623,89815.92$987
Dec 1994583,97215.03$872
Nov 1994413,92515.90$652
Oct 1994324,07515.58$499
Sep 1994203,70315.29$306
Aug 1994284,10216.13$452
Jul 1994294,14817.56$509
Jun 1994344,01917.09$581
May 1994424,15015.88$667
Apr 1994424,06414.14$594
Mar 1994494,38212.46$611
Feb 1994503,89612.50$625
Jan 1994614,29912.66$772
Dec 1993564,62312.33$690
Nov 1993554,48014.49$797
Oct 1993414,59415.85$650
Sep 1993384,95615.03$571
Aug 1993415,64915.66$642
Jul 1993375,67415.46$572
Jun 1993455,65816.79$756
May 1993415,90617.68$725
Apr 1993485,60818.05$866
Mar 1993456,14618.14$816
Feb 1993355,49017.90$627
Jan 1993556,69816.93$931

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.

Feb 1997 — as filed, then multipliedworked
Condensate            12 bbl  × $ 20.49 =       $246
Gas                    0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                     $246

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/140945 is the state's own key, not one this site invented.