HILL, M. J. -23-

Operated by BASIN OIL & GAS OPERATING, LLC (P-5 54430) in the HALLEY, SOUTH (QUEEN SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15342District 08Field 38260664Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 19 leases and 93 wells, and the rule below applies to all of them.

Discovered
1960-07-03
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 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: NET GOR RULE 1000 MCF

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
OilDisposition61,151 bbl$2,104,052
Casinghead gasProduction86,800 Mcf$356,562
Total$2,460,614

9,821 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 (3)

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 31.7181, -103.0068. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.71802, -103.00626 · 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
66.7%
2 of 3 wells
With a plug date
66.7%
2 of 3 wells
Median depth
3,365 ft
3 wells filed one
Completion to plug
26.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
266.7%
BothOn the schedule and plugged. Neither fact cancels the other.
266.7%
NeitherNo plug date, and not on the schedule.
133.3%

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

Between 3,290 and 5,450 ft, median 3,365 ft, over the 3 wells that filed a depth.

Completions filed
Oct 1960 – Mar 1991
3 of 3 wells
Plug dates filed
Sep 1989 – Jun 2014
2 of 3 wells; 1 filed none

Last completion to plug: a median of 26.1 years across the 2 wells that filed both dates, with the middle half between 24.7 years and 27.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-49530266275,450 ftMar 1991Jun 2014Yes
42-49505430153,290 ftSep 1987
42-49505431163,365 ftOct 1960Sep 1989Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 2022690104.226.84$7,191
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20203613630.341.86$1,345
Feb 20203710049.881.98$2,044
Jan 2020010957.252.09$228
Dec 20193516459.012.30$2,443
Nov 2019015055.302.75$413
Oct 20191612153.472.42$1,148
Sep 20191612155.052.66$1,202
Aug 20191614653.112.30$1,186
Jul 20191621756.272.46$1,434
Jun 20191719952.782.49$1,393
May 20193317358.482.74$2,404
Apr 20193316362.632.75$2,515
Mar 20193116056.803.06$2,251
Feb 20195514350.852.79$3,196
Jan 20195518146.033.23$3,116
Dec 20183717846.594.19$2,469
Nov 20183617852.934.24$2,660
Oct 20183516961.443.40$2,725
Sep 20183518559.543.11$2,659
Aug 20185620059.403.07$3,940
Jul 20183519565.142.93$2,852
Jun 20181715460.183.08$1,497
May 20183416065.382.90$2,687
Apr 20183413463.842.90$2,559
Mar 20183416361.222.79$2,536
Feb 20183412261.782.77$2,438
Jan 20185116262.874.01$3,856
Dec 20171719257.272.92$1,535
Nov 20177017255.423.12$4,416
Oct 20171820549.292.98$1,499
Sep 20173617147.523.09$2,239
Aug 20171771,00645.373.00$11,053
Jul 201717959643.873.09$9,693
Jun 2017015342.493.09$472
May 201726773645.373.26$14,516
Apr 201717479247.933.21$10,883
Mar 201712290746.772.98$8,412
Feb 20171731,03950.452.95$11,796
Jan 201717185849.413.42$11,382
Dec 20161791,19048.763.72$13,158
Nov 20161691,23142.492.64$10,436
Oct 201625089546.193.09$14,313
Sep 201685041.553.10$3,532
Aug 2016251041.442.92$10,401
Jul 201682041.622.92$3,413
Jun 20161741,05845.352.69$10,733
May 20161751,54342.521.99$10,513
Apr 20161641,16336.561.99$8,311
Mar 20168684833.011.79$4,360
Feb 20168075826.472.06$3,682
Jan 201616767027.352.36$6,152
Dec 201516160932.362.00$6,429
Nov 2015039438.792.17$854
Oct 201527144443.552.43$12,879
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201502444.662.98$71
Jan 201509043.433.10$279
Dec 201409054.693.59$323
Nov 201404670.464.25$196
Oct 201409378.303.90$363
Sep 2014012986.164.05$522
Aug 2014010489.394.04$420
Jul 201408896.564.18$368
Jun 2014015398.164.74$725
May 20141539294.734.73$3,274
Apr 20142028595.944.81$3,289
Mar 20144832195.895.06$6,226
Feb 201413429097.406.19$14,847
Jan 20144748590.404.86$6,606
Dec 20137871791.824.35$10,284
Nov 20132224188.853.74$2,856
Oct 20132211197.423.78$2,563
Sep 201341262104.113.72$5,243
Aug 201321273104.253.52$3,151
Jul 201338275102.523.72$4,918
Jun 20133513494.403.93$3,831
May 20131827994.834.15$2,865
Apr 20132327493.964.28$3,335
Mar 20135928693.623.91$6,643
Feb 20134227991.233.42$4,786
Jan 20134625991.603.42$5,099
Dec 20124522886.773.42$4,684
Nov 20125619186.953.62$5,562
Oct 20121277689.383.40$11,610
Sep 2012751594.672.92$7,144
Aug 2012036692.662.91$1,064
Jul 201235257085.133.02$31,688
Jun 201219179379.822.52$17,243
May 20128565991.612.49$9,427
Apr 2012266601101.652.00$28,239
Mar 2012177665105.052.22$20,072
Feb 2012161565101.102.57$17,729
Jan 201223457498.092.73$24,522
Dec 2011064096.873.24$2,073
Nov 201113160195.723.31$14,529
Oct 201114673584.983.65$15,089
Sep 2011032983.623.99$1,311
Aug 2011035683.404.15$1,477
Jul 2011019494.144.52$876
Jun 201112523992.904.64$12,721
May 201112347598.134.40$14,162
Apr 2011113491105.964.33$14,101
Mar 201114249596.364.06$15,692
Feb 201168685.644.18$5,849
Jan 201171886.504.59$6,178
Dec 2010808185.734.35$7,211
Nov 20109532480.843.80$8,909
Oct 201013825778.103.51$11,680
Sep 20109428272.633.98$7,949
Aug 20109425973.684.42$8,071
Jul 201014333172.554.74$11,942
Jun 201014228970.364.91$11,410
May 20109634171.124.24$8,272
Apr 201014581981.694.12$15,222
Mar 201014386578.394.39$15,006
Feb 20104773373.585.44$7,448
Jan 201014080374.365.96$15,200
Dec 20098867271.445.48$9,972
Nov 200914684374.593.75$14,053
Oct 200914885372.544.11$14,242
Sep 200910082865.543.06$9,092
Aug 200910670867.423.22$9,425
Jul 200917666461.133.46$13,059
Jun 200912146566.163.90$9,817
May 200919957954.743.93$13,166
Apr 200912854446.773.59$7,938
Mar 200912755842.144.06$7,617
Feb 20098847732.814.63$5,097
Jan 200922961435.865.37$11,510
Dec 20086856337.105.98$5,888
Nov 200820357455.496.86$15,202
Oct 200819456775.246.92$18,521
Sep 2008131191101.767.88$14,835
Aug 2008200365114.228.48$25,940
Jul 2008135577131.0811.39$24,268
Jun 2008131370131.3313.03$22,026
May 2008145611123.1711.57$24,932
Apr 2008154778110.3110.45$25,122
Mar 2008202601101.909.66$26,392
Feb 200813954492.538.77$17,633
Jan 200813059090.388.21$16,591
Dec 200719254988.337.30$20,968
Nov 200712651591.677.29$15,306
Oct 200712860482.856.92$14,786
Sep 200713358375.846.24$13,727
Aug 200719950069.066.39$16,937
Jul 200713161470.906.39$13,210
Jun 200719360462.007.55$16,525
May 200712161558.747.85$11,933
Apr 200718359659.617.81$15,561
Mar 200711346956.927.30$9,857
Feb 200712048355.108.22$10,580
Jan 200718762750.306.73$13,624
Dec 200618460356.656.92$14,595
Nov 200612030354.207.62$8,812
Oct 200619161954.906.01$14,208
Sep 200619066060.085.04$14,740
Aug 200611830668.717.34$10,354
Jul 200617334269.376.34$14,170
Jun 200611619766.286.38$8,946
May 200627129866.016.42$19,803
Apr 200616629264.397.36$12,838
Mar 200630031456.707.08$19,234
Feb 200619329857.597.75$13,425
Jan 200612532060.598.93$10,432
Dec 200512429854.9413.42$10,810
Nov 200525325454.6910.59$16,526
Oct 20056130358.3413.80$7,739
Sep 200518429961.4512.08$14,918
Aug 200513130161.519.80$11,007
Jul 200511731555.697.84$8,986
Jun 200516829752.337.38$10,984
May 200511231645.226.65$7,166
Apr 200515831649.207.36$10,100
Mar 200516931750.377.15$10,781
Feb 200511827845.226.31$7,091
Jan 200517730243.166.32$9,549
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
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 20031028.174.76$28
Sep 20034026.314.75$105
Aug 200358029.765.13$1,726
Jul 2003190029.415.17$5,588
Jun 2003279028.565.98$7,968
May 2003346026.595.97$9,200
Apr 2003242026.675.41$6,454
Mar 2003485031.146.10$15,103
Feb 2003184033.487.93$6,160
Jan 2003367030.315.58$11,124
Dec 2002362026.914.85$9,741
Nov 2002223024.664.14$5,499
Oct 2002334026.464.23$8,838
Sep 2002222027.443.64$6,092
Aug 2002410025.963.16$10,644
Jul 2002161024.583.06$3,957
Jun 2002191023.733.34$4,532
May 2002313024.663.58$7,719
Apr 2002315023.653.51$7,450
Mar 2002315022.003.10$6,930
Feb 20022124018.222.38$3,958
Jan 20023913117.172.38$6,787
Dec 2001197016.932.36$3,335
Nov 20013828918.072.41$7,117
Oct 20011906119.782.53$3,912
Sep 20013203924.262.25$7,851
Aug 20013654424.873.05$9,212
Jul 20012479723.933.20$6,221
Jun 200136317124.563.82$9,569
May 20013634825.524.31$9,471
Apr 20012414824.685.34$6,204
Mar 20014254824.545.38$10,688
Feb 20012585727.755.77$7,488
Jan 20014656127.478.40$13,286
Dec 20004815226.889.12$13,404
Nov 20004273732.215.66$13,963
Oct 20005612831.235.15$17,664
Sep 20003875531.875.19$12,619
Aug 20003736229.644.54$11,337
Jul 20004495828.534.09$13,047
Jun 20004005029.304.40$11,940
May 20003835327.263.68$10,636
Apr 20004224424.513.12$10,480
Mar 20003622028.422.86$10,345
Feb 20004483727.622.73$12,475
Jan 20004075125.272.48$10,411
Dec 19995024324.282.42$12,293
Nov 19992866023.192.43$6,778
Oct 199932411220.982.80$7,112
Sep 19992796521.752.62$6,238
Aug 19992419619.262.88$4,918
Jul 199929210417.892.37$5,471
Jun 199923411115.942.36$3,992
May 19992338415.792.32$3,874
Apr 19992815615.102.21$4,367
Mar 19993816012.471.84$4,861
Feb 1999255849.981.82$2,698
Jan 19992556610.381.90$2,772
Dec 1998308639.201.77$2,945
Nov 19982414310.892.19$2,718
Oct 19982157512.421.97$2,818
Sep 19981871,00412.592.08$4,445
Aug 19982486011.301.91$2,917
Jul 19982657611.742.24$3,281
Jun 19982887511.242.24$3,405
May 19982929112.622.21$3,886
Apr 19983329313.042.51$4,562
Mar 19983106612.802.31$4,120
Feb 19983168613.952.30$4,606
Jan 199825813014.702.15$4,073
Dec 19971326116.322.41$2,301
Nov 19971765418.193.09$3,368
Oct 19971912519.253.15$3,756
Sep 19972563817.742.95$4,654
Aug 19973145617.862.55$5,751
Jul 19972184517.582.25$3,934
Jun 19972573917.242.26$4,519
May 19972445018.972.31$4,744
Apr 19972634517.882.08$4,796
Mar 19972255218.951.94$4,365
Feb 19972306920.492.21$4,865
Jan 19972316923.483.54$5,668
Dec 19963145723.32$7,322
Nov 19962242921.97$4,921
Oct 19963067423.31$7,133
Sep 19962913822.22$6,466
Aug 19962654120.26$5,369
Jul 19963525019.55$6,882
Jun 19963874618.73$7,249
May 19963677419.43$7,131
Apr 19964204221.51$9,034
Mar 19963524619.38$6,822
Feb 19963515516.98$5,960
Jan 19963245217.07$5,531
Dec 19953625817.19$6,223
Nov 19953367516.00$5,376
Oct 19953345515.43$5,154
Sep 19953404916.18$5,501
Aug 19952387715.92$3,789
Jul 19952947215.24$4,481
Jun 19952767116.41$4,529
May 19952288817.56$4,004
Apr 19952289417.73$4,042
Mar 19952059616.44$3,370
Feb 19952368716.58$3,913
Jan 19953489015.92$5,540
Dec 19943888615.03$5,832
Nov 19943328715.90$5,279
Oct 19943616815.58$5,624
Sep 19945139515.29$7,844
Aug 199446110916.13$7,436
Jul 199436310017.56$6,374
Jun 19944319317.09$7,366
May 199443614615.88$6,924
Apr 199442212314.14$5,967
Mar 199445415612.46$5,657
Feb 199435434312.50$4,425
Jan 199451449512.66$6,507
Dec 199345680512.33$5,622
Nov 199341178614.49$5,955
Oct 199344579915.85$7,053
Sep 199354118515.03$8,131
Aug 19935117215.66$8,002
Jul 199349216315.46$7,606
Jun 19935069816.79$8,496
May 199351357317.68$9,070
Apr 199348473318.05$8,736
Mar 199361168218.14$11,084
Feb 199358984217.90$10,543
Jan 199351666616.93$8,736

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.

Apr 2022 — as filed, then multipliedworked
Oil                   69 bbl  × $104.22 =     $7,191
Casinghead gas         0 Mcf  × $  6.84 =         $0

────────────────────────────────────────────────────
Month total                                   $7,191

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/O/15342 is the state's own key, not one this site invented.