TEXAS UNIVERSITY -H-

Operated by HENRY PETROLEUM CORP. (P-5 378635) in the COWDEN, NORTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16835District 08Field 21289001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.7 M
Jan 1993 – Dec 1999
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
84
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 193 leases and 3,124 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
880 ft
minimum
From a lease line
440 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1974-03-03.

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: OPTIONAL 20ACRE UNITS PER #8-64059 6-3-74

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
OilDisposition102,755 bbl$1,694,013
Casinghead gasProduction6,614 Mcf$2,376
Total$1,696,389

5,667 Mcf of this lease's gas, across 45 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 (5)

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 32.1398, -102.5336. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.13974, -102.53369 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
4,778 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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

Between 4,717 and 12,730 ft, median 4,778 ft, over the 4 wells that filed a depth.

Completions filed
Mar 1984 – Jan 1994
3 of 5 wells; 2 filed none
Plug dates filed
Sep 2000
1 of 5 wells; 4 filed none

5 wells

42-0030454514,717 ftSep 2000Yes
42-003046542
42-0033738634,776 ftJan 1994
42-00305250412,730 ftMar 1993
42-0030470554,780 ftMar 1984

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 (84)

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

84 months

Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 1999843021.752.62$18,335
Aug 19996253519.262.88$12,138
Jul 199975424617.892.37$14,073
Jun 19997902615.942.36$12,654
May 1999552015.792.32$8,716
Apr 1999926015.102.21$13,983
Mar 1999696012.471.84$8,679
Feb 199971309.981.82$7,116
Jan 1999573010.381.90$5,948
Dec 199856709.201.77$5,216
Nov 1998897010.892.19$9,768
Oct 1998563012.421.97$6,992
Sep 1998859012.592.08$10,815
Aug 1998746011.301.91$8,430
Jul 1998742011.742.24$8,711
Jun 1998762011.242.24$8,565
May 1998733012.622.21$9,250
Apr 1998547013.042.51$7,133
Mar 19981,117012.802.31$14,298
Feb 1998898013.952.30$12,527
Jan 19981,117814.702.15$16,437
Dec 19971,0662416.322.41$17,455
Nov 19971,1224018.193.09$20,533
Oct 19979255219.253.15$17,970
Sep 19971,3286617.742.95$23,754
Aug 19979517417.862.55$17,174
Jul 19971,1147417.582.25$19,750
Jun 19971,2916217.242.26$22,397
May 19971,4682918.972.31$27,915
Apr 19978972417.882.08$16,088
Mar 19979397018.951.94$17,930
Feb 19971,3306720.492.21$27,400
Jan 19978805023.483.54$20,839
Dec 19961,3601123.32$31,715
Nov 199692810221.97$20,388
Oct 19961,37614323.31$32,075
Sep 199693915922.22$20,865
Aug 19961,40316420.26$28,425
Jul 199689816219.55$17,556
Jun 19961,38422218.73$25,922
May 199694910919.43$18,439
Apr 19961,331021.51$28,630
Mar 19961,371419.38$26,570
Feb 1996937316.98$15,910
Jan 19961,419117.07$24,222
Dec 19951,3854517.19$23,808
Nov 19951,39510316.00$22,320
Oct 19951,3791015.43$21,278
Sep 19951,414916.18$22,879
Aug 19951,345115.92$21,412
Jul 19951,393015.24$21,229
Jun 19951,281016.41$21,021
May 19951,8162517.56$31,889
Apr 19959587517.73$16,985
Mar 19951,4341216.44$23,575
Feb 19951,5547416.58$25,765
Jan 19951,4177215.92$22,559
Dec 19941,4385515.03$21,613
Nov 19941,44222815.90$22,928
Oct 19941,91334015.58$29,805
Sep 19941,43233115.29$21,895
Aug 19941,88435616.13$30,389
Jul 19941,83825817.56$32,275
Jun 19941,7298117.09$29,549
May 19941,86914615.88$29,680
Apr 19941,87411514.14$26,498
Mar 19941,93515312.46$24,110
Feb 19942,2239512.50$27,788
Jan 19941,68816812.66$21,370
Dec 19932,10810812.33$25,992
Nov 199394713714.49$13,722
Oct 19931,42521415.85$22,586
Sep 19931,66329415.03$24,995
Aug 19931,93830815.66$30,349
Jul 19931,40223215.46$21,675
Jun 19932,01237316.79$33,781
May 19932,13416517.68$37,729
Apr 19932,263118.05$40,847
Mar 19932,868118.14$52,026
Feb 1993890117.90$15,931
Jan 19931,443116.93$24,430

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.

Sep 1999 — as filed, then multipliedworked
Oil                  843 bbl  × $ 21.75 =    $18,335
Casinghead gas         0 Mcf  × $  2.62 =         $0

────────────────────────────────────────────────────
Month total                                  $18,335

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/16835 is the state's own key, not one this site invented.