HOLT, O.B.

Operated by CHEVRON U. S. A. INC. (P-5 148113) in the PENTEAM (QUEEN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159682District 08Field 70515300CondensateGasSaveExport
Value, all time
$360 k
Jul 1996 – Apr 2004
Value, last 12 filed months
$776
at the published price for each month
Months reported
94
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 20 leases and 20 wells, and the rule below applies to all of them.

Discovered
1996-05-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/96.

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
CondensateDisposition1,845 bbl$40,959
GasProduction133,947 Mcf$319,493
Total$360,452

24,721 Mcf of this lease's gas, across 4 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 32.0713, -102.5652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.07130, -102.56519 · 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
4,456 ft
1 wells filed one
Completion to plug
7.8 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 4,456 ft.

Completions filed
Jul 1996
1 of 1 wells
Plug dates filed
Apr 2004
1 of 1 wells

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-135315181104,456 ftJul 1996Apr 2004Yes

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 (94)

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

94 months

Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 200313028.565.98$371
May 200315126.595.97$405
Apr 200315126.675.41$405
Mar 20031412231.146.10$1,180
Feb 20031219933.487.93$1,979
Jan 2003124730.315.58$626
Dec 2002189626.914.85$950
Nov 200219024.664.14$469
Oct 2002189426.464.23$874
Sep 20021811627.443.64$916
Aug 20021179925.963.16$3,351
Jul 200215424624.583.06$4,539
Jun 20022528123.733.34$1,531
May 20026931124.663.58$2,816
Apr 20023631523.653.51$1,958
Mar 20022821422.003.10$1,280
Feb 20021533218.222.38$1,062
Jan 20024045617.172.38$1,770
Dec 20011748016.932.36$1,423
Nov 20012052818.072.41$1,632
Oct 20012157019.782.53$1,857
Sep 20012268524.262.25$2,076
Aug 20012165624.873.05$2,525
Jul 20012266423.933.20$2,649
Jun 20012674124.563.82$3,472
May 20012675125.524.31$3,898
Apr 20012578824.685.34$4,821
Mar 20011598324.545.38$5,653
Feb 2001481,00627.755.77$7,134
Jan 2001141,09727.478.40$9,598
Dec 2000201,15126.889.12$11,038
Nov 200011,38832.215.66$7,886
Oct 200001,30431.235.15$6,710
Sep 200001,46931.875.19$7,619
Aug 200001,61129.644.54$7,315
Jul 200011,53328.534.09$6,298
Jun 2000171,77329.304.40$8,294
May 2000381,97827.263.68$8,314
Apr 2000232,03724.513.12$6,911
Mar 2000522,25628.422.86$7,929
Feb 20002073227.622.73$2,548
Jan 20007243225.272.48$2,891
Dec 19994458924.282.42$2,496
Nov 1999165823.192.43$1,625
Oct 19992263820.982.80$2,250
Sep 19997699521.752.62$4,259
Aug 199971,56419.262.88$4,632
Jul 1999161,46717.892.37$3,767
Jun 1999151,43015.942.36$3,617
May 1999161,44815.792.32$3,613
Apr 1999231,47515.102.21$3,604
Mar 1999341,50412.471.84$3,189
Feb 1999251,3149.981.82$2,638
Jan 1999271,53410.381.90$3,195
Dec 1998261,5879.201.77$3,053
Nov 1998381,16110.892.19$2,951
Oct 1998551,66412.421.97$3,960
Sep 1998361,14612.592.08$2,840
Aug 1998201,21011.301.91$2,534
Jul 1998245211.742.24$1,035
Jun 1998015611.242.24$349
May 199818012.622.21$189
Apr 1998063613.042.51$1,593
Mar 199801,83712.802.31$4,242
Feb 199803,78913.952.30$8,711
Jan 199803,33214.702.15$7,180
Dec 199702,72616.322.41$6,573
Nov 199702,18318.193.09$6,742
Oct 199704,73819.253.15$14,924
Sep 199705,15317.742.95$15,227
Aug 199703,46817.862.55$8,860
Jul 199707,26017.582.25$16,313
Jun 199725,31717.242.26$12,036
May 199703,47718.972.31$8,027
Apr 199702,85117.882.08$5,938
Mar 199744,19918.951.94$8,218
Feb 1997113,57120.492.21$8,103
Jan 199793,07423.483.54$11,092
Dec 1996285,55823.32$653
Nov 19961487,35221.97$3,252
Oct 1996011,20723.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 1996060419.55$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.

Jun 2003 — as filed, then multipliedworked
Condensate            13 bbl  × $ 28.56 =       $371
Gas                    0 Mcf  × $  5.98 =         $0

────────────────────────────────────────────────────
Month total                                     $371

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/159682 is the state's own key, not one this site invented.