HILL, M. J. -22-

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 17420District 08Field 38260664Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 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

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
NGPA2none

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
OilDisposition33,454 bbl$996,917
Casinghead gasProduction37,506 Mcf$123,823
Total$1,120,741

16,194 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 (4)

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 31.7325, -102.9964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles. 1 well has no surveyed location and is left out of it.

31.73232, -102.99594 · centre of 3 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
75.0%
3 of 4 wells
With a plug date
50.0%
2 of 4 wells
Median depth
5,500 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
375.0%
A plug date is filed
250.0%
BothOn the schedule and plugged. Neither fact cancels the other.
250.0%
NeitherNo plug date, and not on the schedule.
125.0%

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 3,339 and 11,661 ft, median 5,500 ft, over the 3 wells that filed a depth.

Completions filed
Jun 1981 – Sep 1987
2 of 4 wells; 2 filed none
Plug dates filed
Sep 1989
2 of 4 wells; 2 filed none

4 wells

42-4951040323 U5,500 ftSep 1989Yes
42-49510404253,339 ftSep 1989Yes
42-49505421611,661 ftSep 1987
42-1738044221Jun 1981Yes

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 202200104.226.84$0
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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201589042.992.76$3,826
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 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014152094.734.73$14,399
Apr 20140095.944.81$0
Mar 2014138095.895.06$13,233
Feb 20140097.406.19$0
Jan 20141713490.404.86$15,624
Dec 2013319191.824.35$1,107
Nov 2013012388.853.74$460
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20130338102.523.72$1,257
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201060074.365.96$4,462
Dec 2009452271.445.48$3,335
Nov 2009544274.593.75$4,185
Oct 2009494272.544.11$3,727
Sep 2009493965.543.06$3,331
Aug 2009595067.423.22$4,139
Jul 2009254561.133.46$1,684
Jun 2009141366.163.90$977
May 2009183754.743.93$1,131
Apr 200939046.773.59$1,824
Mar 2009361342.144.06$1,570
Feb 20091084932.814.63$3,771
Jan 20091285735.865.37$4,896
Dec 2008395337.105.98$1,764
Nov 2008912355.496.86$5,207
Oct 2008666475.246.92$5,409
Sep 20086235101.767.88$6,585
Aug 200812156114.228.48$14,296
Jul 200813250131.0811.39$17,872
Jun 200812143131.3313.03$16,451
May 200812144123.1711.57$15,413
Apr 200813150110.3110.45$14,973
Mar 2008046101.909.66$445
Feb 2008994092.538.77$9,511
Jan 20081014990.388.21$9,530
Dec 20071015188.337.30$9,294
Nov 2007444191.677.29$4,332
Oct 20071095482.856.92$9,404
Sep 20071525475.846.24$11,865
Aug 20071698669.066.39$12,221
Jul 2007758270.906.39$5,841
Jun 20071826062.007.55$11,737
May 200719813058.747.85$12,651
Apr 200720414559.617.81$13,292
Mar 200722313956.927.30$13,708
Feb 20071038655.108.22$6,382
Jan 200719918150.306.73$11,227
Dec 200632719956.656.92$19,901
Nov 2006016154.207.62$1,226
Oct 2006937954.906.01$5,581
Sep 20061818260.085.04$11,288
Aug 2006010268.717.34$749
Jul 20061738769.376.34$12,553
Jun 2006855266.286.38$5,966
May 20061028066.016.42$7,247
Apr 20061027864.397.36$7,142
Mar 20061085456.707.08$6,506
Feb 20061238257.597.75$7,719
Jan 200612177260.598.93$14,228
Dec 2005802,33954.9413.42$35,774
Nov 20051778554.6910.59$10,580
Oct 20051079858.3413.80$7,594
Sep 200511865761.4512.08$15,187
Aug 2005157061.519.80$9,657
Jul 200515712355.697.84$9,708
Jun 2005011752.337.38$864
May 200516110945.226.65$8,005
Apr 20051648349.207.36$8,680
Mar 2005676250.377.15$3,818
Feb 200503045.226.31$189
Jan 2005661443.166.32$2,937
Dec 200412321039.866.75$6,321
Nov 2004016845.286.33$1,064
Oct 2004582849.706.52$3,065
Sep 2004572543.245.28$2,597
Aug 2004617842.375.55$3,018
Jul 20041179538.286.08$5,057
Jun 2004599436.106.43$2,735
May 2004599537.486.49$2,828
Apr 20041006334.475.86$3,816
Mar 2004385134.365.53$1,588
Feb 20049330932.455.51$4,720
Jan 20047120732.036.30$3,578
Dec 20031456830.266.30$4,816
Nov 20031156228.804.60$3,597
Oct 20032165428.174.76$6,342
Sep 2003955026.314.75$2,737
Aug 2003946029.765.13$3,105
Jul 20031814829.415.17$5,571
Jun 2003966428.565.98$3,125
May 20032024526.595.97$5,640
Apr 20031074126.675.41$3,075
Mar 20032374631.146.10$7,661
Feb 20031003733.487.93$3,641
Jan 20032005330.315.58$6,358
Dec 20021923926.914.85$5,356
Nov 20021044324.664.14$2,743
Oct 20021765026.464.23$4,868
Sep 2002785727.443.64$2,348
Aug 20021789825.963.16$4,931
Jul 2002828924.583.06$2,288
Jun 20021576523.733.34$3,943
May 20021536924.663.58$4,020
Apr 2002765423.653.51$1,987
Mar 20021863822.003.10$4,210
Feb 20021036518.222.38$2,031
Jan 20021775517.172.38$3,170
Dec 200102816.932.36$66
Nov 200118117518.072.41$3,692
Oct 200115417419.782.53$3,486
Sep 20019516824.262.25$2,683
Aug 20019115524.873.05$2,736
Jul 200121615223.933.20$5,655
Jun 2001018324.563.82$700
May 200130219025.524.31$8,525
Apr 200119218824.685.34$5,742
Mar 2001021924.545.38$1,177
Feb 20019023227.755.77$3,835
Jan 200121223027.478.40$7,755
Dec 200029322626.889.12$9,938
Nov 2000010332.215.66$583
Oct 20009010231.235.15$3,336
Sep 20002389931.875.19$8,099
Aug 20009419829.644.54$3,685
Jul 200022913228.534.09$7,073
Jun 200010119029.304.40$3,795
May 200025417627.263.68$7,572
Apr 200010418424.513.12$3,122
Mar 200021613728.422.86$6,531
Feb 2000879727.622.73$2,667
Jan 200023913425.272.48$6,372
Dec 19998914924.282.42$2,522
Nov 199921514923.192.43$5,349
Oct 1999015920.982.80$446
Sep 199926313521.752.62$6,074
Aug 1999012619.262.88$362
Jul 199934123217.892.37$6,651
Jun 1999021715.942.36$513
May 199911513515.792.32$2,129
Apr 199928125315.102.21$4,802
Mar 199910715312.471.84$1,616
Feb 19992763099.981.82$3,316
Jan 1999028910.381.90$549
Dec 19982071789.201.77$2,220
Nov 1998018710.892.19$409
Oct 1998613712.421.97$344
Sep 19987911312.592.08$1,230
Aug 199803411.301.91$65
Jul 19981046711.742.24$1,371
Jun 199825412511.242.24$3,135
May 199814116612.622.21$2,146
Apr 199830616313.042.51$4,399
Mar 199810428912.802.31$1,999
Feb 199827821413.952.30$4,370
Jan 199811034114.702.15$2,352
Dec 199724624516.322.41$4,605
Nov 199733916518.193.09$6,676
Oct 1997015419.253.15$485
Sep 199741212517.742.95$7,678
Aug 199710413917.862.55$2,213
Jul 199725614117.582.25$4,817
Jun 199735415617.242.26$6,455
May 19979618118.972.31$2,239
Apr 199724017517.882.08$4,656
Mar 199733920018.951.94$6,812
Feb 199711116920.492.21$2,647
Jan 199726919523.483.54$7,006
Dec 199636218723.32$8,442
Nov 199637417221.97$8,217
Oct 199612018523.31$2,797
Sep 199628117322.22$6,244
Aug 199638621120.26$7,820
Jul 19969819719.55$1,916
Jun 199627318218.73$5,113
May 199637218019.43$7,228
Apr 199635918321.51$7,722
Mar 199610520019.38$2,035
Feb 199634118916.98$5,790
Jan 199618322017.07$3,124
Dec 199528120417.19$4,830
Nov 19958019416.00$1,280
Oct 199520221115.43$3,117
Sep 199519117516.18$3,090
Aug 1995015315.92$0
Jul 199533313115.24$5,075
Jun 199514119716.41$2,314
May 199531420317.56$5,514
Apr 199521220517.73$3,759
Mar 199535139016.44$5,770
Feb 199513436016.58$2,222
Jan 199524741115.92$3,932
Dec 199437940115.03$5,696
Nov 199434738115.90$5,517
Oct 199412639915.58$1,963
Sep 199457652615.29$8,807
Aug 199440049516.13$6,452
Jul 1994036717.56$0
Jun 199442149817.09$7,195
May 199437035915.88$5,876
Apr 1994055614.14$0
Mar 199443257112.46$5,383
Feb 199443845512.50$5,475
Jan 199443447512.66$5,494
Dec 1993050312.33$0
Nov 199365947814.49$9,549
Oct 19931231515.85$190
Sep 199343134115.03$6,478
Aug 1993043915.66$0
Jul 199343041215.46$6,648
Jun 199342938416.79$7,203
May 1993048417.68$0
Apr 199343352118.05$7,816
Mar 199342857518.14$7,764
Feb 1993054117.90$0
Jan 199341460516.93$7,009

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 2015 — as filed, then multipliedworked
Oil                   89 bbl  × $ 42.99 =     $3,826
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                   $3,826

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/17420 is the state's own key, not one this site invented.