MARCHBANKS UNIT

Name: MARCHBANKS UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HANNATHON PETROLEUM, LLC (P-5 354954) in the HUTTO, SOUTH (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21251District 08Field 43926600Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$327 k

Jan 1993 – Aug 2016

Value, last 12 filed months

$10 k

at the published price for each month

Months reported

284

no gaps in the span

Streams

oil, casinghead gas

The HUTTO, SOUTH (WOLFCAMP) field

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 38 leases and 49 wells, and the rule below applies to all of them.

Discovered

1964-02-22

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1998-06-01.

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: “AOF-1 AND AOF-2 EFFECTIVE 06/01/98.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	5,683 bbl	$192,866
Casinghead gas	Production	32,298 Mcf	$134,414
Total			$327,279

48 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 32.2584, -101.3674. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.25835, -101.36741 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

9,430 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 9,430 ft.

Completions filed

Aug 2016

1 of 1 wells

1 well


42-22730048	1	9,430 ft	Aug 2016	—	Yes

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 (284)

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

284 months


Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	186	0	42.52	1.99	$7,909
Apr 2016	0	157	36.56	1.99	$313
Mar 2016	0	157	33.01	1.79	$282
Feb 2016	0	108	26.47	2.06	$223
Jan 2016	0	88	27.35	2.36	$208
Dec 2015	0	80	32.36	2.00	$160
Nov 2015	0	94	38.79	2.17	$204
Oct 2015	0	131	43.55	2.43	$318
Sep 2015	0	98	42.99	2.76	$270
Aug 2015	0	162	40.16	2.87	$465
Jul 2015	0	234	48.15	2.95	$689
Jun 2015	0	279	56.15	2.88	$804
May 2015	0	343	55.21	2.96	$1,014
Apr 2015	0	355	49.82	2.71	$961
Mar 2015	0	268	42.89	2.93	$787
Feb 2015	0	273	44.66	2.98	$813
Jan 2015	0	323	43.43	3.10	$1,002
Dec 2014	0	279	54.69	3.59	$1,002
Nov 2014	0	215	70.46	4.25	$914
Oct 2014	0	51	78.30	3.90	$199
Sep 2014	0	2	86.16	4.05	$8
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	95	96.56	4.18	$397
Jun 2014	0	221	98.16	4.74	$1,047
May 2014	0	232	94.73	4.73	$1,097
Apr 2014	0	220	95.94	4.81	$1,058
Mar 2014	0	219	95.89	5.06	$1,107
Feb 2014	0	199	97.40	6.19	$1,232
Jan 2014	0	232	90.40	4.86	$1,128
Dec 2013	0	227	91.82	4.35	$988
Nov 2013	0	212	88.85	3.74	$793
Oct 2013	0	222	97.42	3.78	$839
Sep 2013	0	202	104.11	3.72	$751
Aug 2013	0	214	104.25	3.52	$754
Jul 2013	0	236	102.52	3.72	$877
Jun 2013	0	233	94.40	3.93	$916
May 2013	0	255	94.83	4.15	$1,058
Apr 2013	0	228	93.96	4.28	$976
Mar 2013	0	201	93.62	3.91	$786
Feb 2013	0	232	91.23	3.42	$793
Jan 2013	0	250	91.60	3.42	$855
Dec 2012	0	262	86.77	3.42	$896
Nov 2012	0	280	86.95	3.62	$1,015
Oct 2012	0	283	89.38	3.40	$962
Sep 2012	0	256	94.67	2.92	$747
Aug 2012	0	281	92.66	2.91	$817
Jul 2012	0	286	85.13	3.02	$864
Jun 2012	0	293	79.82	2.52	$738
May 2012	0	336	91.61	2.49	$836
Apr 2012	0	345	101.65	2.00	$689
Mar 2012	0	369	105.05	2.22	$820
Feb 2012	2	346	101.10	2.57	$1,092
Jan 2012	5	0	98.09	2.73	$490
Dec 2011	5	339	96.87	3.24	$1,583
Nov 2011	155	229	95.72	3.31	$15,595
Oct 2011	0	478	84.98	3.65	$1,744
Sep 2011	0	525	83.62	3.99	$2,093
Aug 2011	0	455	83.40	4.15	$1,888
Jul 2011	0	505	94.14	4.52	$2,281
Jun 2011	0	599	92.90	4.64	$2,779
May 2011	0	373	98.13	4.40	$1,643
Apr 2011	0	473	105.96	4.33	$2,050
Mar 2011	0	563	96.36	4.06	$2,284
Feb 2011	0	507	85.64	4.18	$2,119
Jan 2011	0	577	86.50	4.59	$2,648
Dec 2010	0	572	85.73	4.35	$2,487
Nov 2010	0	560	80.84	3.80	$2,125
Oct 2010	0	585	78.10	3.51	$2,053
Sep 2010	161	530	72.63	3.98	$13,803
Aug 2010	0	543	73.68	4.42	$2,400
Jul 2010	0	557	72.55	4.74	$2,638
Jun 2010	0	553	70.36	4.91	$2,715
May 2010	0	597	71.12	4.24	$2,528
Apr 2010	0	461	81.69	4.12	$1,901
Mar 2010	0	571	78.39	4.39	$2,506
Feb 2010	0	526	73.58	5.44	$2,863
Jan 2010	0	583	74.36	5.96	$3,477
Dec 2009	0	582	71.44	5.48	$3,192
Nov 2009	0	572	74.59	3.75	$2,146
Oct 2009	0	607	72.54	4.11	$2,495
Sep 2009	0	579	65.54	3.06	$1,774
Aug 2009	173	565	67.42	3.22	$13,482
Jul 2009	0	652	61.13	3.46	$2,259
Jun 2009	0	696	66.16	3.90	$2,711
May 2009	0	550	54.74	3.93	$2,159
Apr 2009	0	250	46.77	3.59	$897
Mar 2009	0	225	42.14	4.06	$913
Feb 2009	0	190	32.81	4.63	$880
Jan 2009	0	594	35.86	5.37	$3,190
Dec 2008	0	583	37.10	5.98	$3,485
Nov 2008	178	589	55.49	6.86	$13,918
Oct 2008	0	587	75.24	6.92	$4,063
Sep 2008	0	357	101.76	7.88	$2,812
Aug 2008	0	508	114.22	8.48	$4,309
Jul 2008	0	1	131.08	11.39	$11
Jun 2008	0	1	131.33	13.03	$13
May 2008	0	1	123.17	11.57	$12
Apr 2008	0	1	110.31	10.45	$10
Mar 2008	0	1	101.90	9.66	$10
Feb 2008	0	1	92.53	8.77	$9
Jan 2008	0	1	90.38	8.21	$8
Dec 2007	0	1	88.33	7.30	$7
Nov 2007	0	1	91.67	7.29	$7
Oct 2007	0	1	82.85	6.92	$7
Sep 2007	0	1	75.84	6.24	$6
Aug 2007	160	1	69.06	6.39	$11,056
Jul 2007	0	1	70.90	6.39	$6
Jun 2007	0	1	62.00	7.55	$8
May 2007	0	1	58.74	7.85	$8
Apr 2007	0	1	59.61	7.81	$8
Mar 2007	0	1	56.92	7.30	$7
Feb 2007	0	1	55.10	8.22	$8
Jan 2007	172	1	50.30	6.73	$8,658
Dec 2006	0	1	56.65	6.92	$7
Nov 2006	0	1	54.20	7.62	$8
Oct 2006	0	1	54.90	6.01	$6
Sep 2006	0	1	60.08	5.04	$5
Aug 2006	0	1	68.71	7.34	$7
Jul 2006	0	1	69.37	6.34	$6
Jun 2006	0	1	66.28	6.38	$6
May 2006	0	1	66.01	6.42	$6
Apr 2006	141	1	64.39	7.36	$9,086
Mar 2006	0	1	56.70	7.08	$7
Feb 2006	0	1	57.59	7.75	$8
Jan 2006	0	1	60.59	8.93	$9
Dec 2005	0	1	54.94	13.42	$13
Nov 2005	0	1	54.69	10.59	$11
Oct 2005	137	1	58.34	13.80	$8,006
Sep 2005	0	1	61.45	12.08	$12
Aug 2005	0	1	61.51	9.80	$10
Jul 2005	0	1	55.69	7.84	$8
Jun 2005	0	1	52.33	7.38	$7
May 2005	0	1	45.22	6.65	$7
Apr 2005	154	1	49.20	7.36	$7,584
Mar 2005	0	1	50.37	7.15	$7
Feb 2005	0	1	45.22	6.31	$6
Jan 2005	0	1	43.16	6.32	$6
Dec 2004	0	1	39.86	6.75	$7
Nov 2004	0	1	45.28	6.33	$6
Oct 2004	132	1	49.70	6.52	$6,567
Sep 2004	0	1	43.24	5.28	$5
Aug 2004	0	1	42.37	5.55	$6
Jul 2004	161	1	38.28	6.08	$6,169
Jun 2004	0	1	36.10	6.43	$6
May 2004	0	1	37.48	6.49	$6
Apr 2004	123	1	34.47	5.86	$4,246
Mar 2004	0	1	34.36	5.53	$6
Feb 2004	0	1	32.45	5.51	$6
Jan 2004	0	1	32.03	6.30	$6
Dec 2003	86	1	30.26	6.30	$2,609
Nov 2003	0	1	28.80	4.60	$5
Oct 2003	0	1	28.17	4.76	$5
Sep 2003	152	1	26.31	4.75	$4,004
Aug 2003	0	1	29.76	5.13	$5
Jul 2003	0	1	29.41	5.17	$5
Jun 2003	0	1	28.56	5.98	$6
May 2003	130	1	26.59	5.97	$3,463
Apr 2003	0	1	26.67	5.41	$5
Mar 2003	0	1	31.14	6.10	$6
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	0	1	30.31	5.58	$6
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	84	1	24.66	4.14	$2,076
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	53	1	25.96	3.16	$1,379
Jul 2002	0	1	24.58	3.06	$3
Jun 2002	55	1	23.73	3.34	$1,308
May 2002	0	1	24.66	3.58	$4
Apr 2002	84	1	23.65	3.51	$1,990
Mar 2002	0	1	22.00	3.10	$3
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	130	1	17.17	2.38	$2,234
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	60	1	24.87	3.05	$1,495
Jul 2001	0	1	23.93	3.20	$3
Jun 2001	0	1	24.56	3.82	$4
May 2001	0	1	25.52	4.31	$4
Apr 2001	75	1	24.68	5.34	$1,856
Mar 2001	0	1	24.54	5.38	$5
Feb 2001	87	1	27.75	5.77	$2,420
Jan 2001	0	1	27.47	8.40	$8
Dec 2000	64	1	26.88	9.12	$1,729
Nov 2000	0	1	32.21	5.66	$6
Oct 2000	0	1	31.23	5.15	$5
Sep 2000	78	1	31.87	5.19	$2,491
Aug 2000	0	1	29.64	4.54	$5
Jul 2000	78	1	28.53	4.09	$2,229
Jun 2000	0	1	29.30	4.40	$4
May 2000	86	1	27.26	3.68	$2,348
Apr 2000	0	1	24.51	3.12	$3
Mar 2000	0	1	28.42	2.86	$3
Feb 2000	0	1	27.62	2.73	$3
Jan 2000	165	1	25.27	2.48	$4,172
Dec 1999	0	1	24.28	2.42	$2
Nov 1999	0	1	23.19	2.43	$2
Oct 1999	0	1	20.98	2.80	$3
Sep 1999	0	1	21.75	2.62	$3
Aug 1999	0	1	19.26	2.88	$3
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	0	1	15.94	2.36	$2
May 1999	0	1	15.79	2.32	$2
Apr 1999	0	1	15.10	2.21	$2
Mar 1999	0	1	12.47	1.84	$2
Feb 1999	1	1	9.98	1.82	$12
Jan 1999	1	1	10.38	1.90	$12
Dec 1998	2	1	9.20	1.77	$20
Nov 1998	3	1	10.89	2.19	$35
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	1	1	12.59	2.08	$15
Aug 1998	1	1	11.30	1.91	$13
Jul 1998	138	1	11.74	2.24	$1,622
Jun 1998	1	1	11.24	2.24	$13
May 1998	1	1	12.62	2.21	$15
Apr 1998	3	1	13.04	2.51	$42
Mar 1998	0	1	12.80	2.31	$2
Feb 1998	0	1	13.95	2.30	$2
Jan 1998	0	1	14.70	2.15	$2
Dec 1997	0	1	16.32	2.41	$2
Nov 1997	0	1	18.19	3.09	$3
Oct 1997	0	1	19.25	3.15	$3
Sep 1997	108	1	17.74	2.95	$1,919
Aug 1997	0	1	17.86	2.55	$3
Jul 1997	0	1	17.58	2.25	$2
Jun 1997	151	1	17.24	2.26	$2,606
May 1997	0	1	18.97	2.31	$2
Apr 1997	0	1	17.88	2.08	$2
Mar 1997	0	1	18.95	1.94	$2
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	148	1	23.48	3.54	$3,479
Dec 1996	0	1	23.32	—	$0
Nov 1996	0	1	21.97	—	$0
Oct 1996	0	1	23.31	—	$0
Sep 1996	133	1	22.22	—	$2,955
Aug 1996	0	1	20.26	—	$0
Jul 1996	0	1	19.55	—	$0
Jun 1996	0	1	18.73	—	$0
May 1996	152	1	19.43	—	$2,953
Apr 1996	0	1	21.51	—	$0
Mar 1996	0	1	19.38	—	$0
Feb 1996	0	1	16.98	—	$0
Jan 1996	129	1	17.07	—	$2,202
Dec 1995	0	1	17.19	—	$0
Nov 1995	0	1	16.00	—	$0
Oct 1995	132	1	15.43	—	$2,037
Sep 1995	0	1	16.18	—	$0
Aug 1995	0	1	15.92	—	$0
Jul 1995	111	1	15.24	—	$1,692
Jun 1995	0	1	16.41	—	$0
May 1995	0	1	17.56	—	$0
Apr 1995	0	1	17.73	—	$0
Mar 1995	152	1	16.44	—	$2,499
Feb 1995	0	1	16.58	—	$0
Jan 1995	0	1	15.92	—	$0
Dec 1994	0	1	15.03	—	$0
Nov 1994	0	1	15.90	—	$0
Oct 1994	143	1	15.58	—	$2,228
Sep 1994	0	1	15.29	—	$0
Aug 1994	0	1	16.13	—	$0
Jul 1994	0	1	17.56	—	$0
Jun 1994	0	1	17.09	—	$0
May 1994	149	1	15.88	—	$2,366
Apr 1994	0	1	14.14	—	$0
Mar 1994	0	1	12.46	—	$0
Feb 1994	0	1	12.50	—	$0
Jan 1994	153	1	12.66	—	$1,937
Dec 1993	0	1	12.33	—	$0
Nov 1993	0	1	14.49	—	$0
Oct 1993	0	1	15.85	—	$0
Sep 1993	0	1	15.03	—	$0
Aug 1993	110	1	15.66	—	$1,723
Jul 1993	0	1	15.46	—	$0
Jun 1993	0	1	16.79	—	$0
May 1993	135	1	17.68	—	$2,387
Apr 1993	0	1	18.05	—	$0
Mar 1993	0	1	18.14	—	$0
Feb 1993	0	1	17.90	—	$0
Jan 1993	113	1	16.93	—	$1,913

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.

May 2016 — as filed, then multipliedworked

Oil                  186 bbl  × $ 42.52 =     $7,909
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $7,909

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/21251 is the state's own key, not one this site invented.