HARDY, L. C.

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

Operated by KLM PETROLEUM CORP. (P-5 470557) in the UNDERWOOD (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26090District 08Field 92415500NGPA filingOilCasinghead gasSave Export

Value, all time

$1.0 M

Jan 1993 – Jun 2007

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

174

no gaps in the span

Streams

oil, casinghead gas

The UNDERWOOD (STRAWN) 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 3 leases and 4 wells, and the rule below applies to all of them.

Discovered

1979-06-23

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 field rule took effect on 2009-06-12.

The Commission's schedule remark for this field reads: “INTO THE GARDEN CITY, S. (WOLFCAMP) FIELD.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	5,588 bbl	$131,938
Casinghead gas	Production	313,038 Mcf	$914,475
Total			$1,046,413

114,756 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 31.8654, -101.4167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86545, -101.41667 · 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

10,050 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 10,050 ft.

Completions filed

Sep 1980

1 of 1 wells

1 well


42-17331057	1	10,050 ft	Sep 1980	—	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 (174)

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

174 months


Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	58	0	59.61	7.81	$3,457
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	158	0	66.28	6.38	$10,472
May 2006	0	2,237	66.01	6.42	$14,373
Apr 2006	0	2,162	64.39	7.36	$15,913
Mar 2006	0	2,212	56.70	7.08	$15,667
Feb 2006	0	2,023	57.59	7.75	$15,681
Jan 2006	0	2,289	60.59	8.93	$20,448
Dec 2005	0	2,383	54.94	13.42	$31,969
Nov 2005	0	2,494	54.69	10.59	$26,407
Oct 2005	0	2,107	58.34	13.80	$29,068
Sep 2005	0	1,657	61.45	12.08	$20,015
Aug 2005	151	2,449	61.51	9.80	$33,280
Jul 2005	0	2,485	55.69	7.84	$19,491
Jun 2005	0	2,489	52.33	7.38	$18,371
May 2005	0	2,624	45.22	6.65	$17,453
Apr 2005	0	2,610	49.20	7.36	$19,211
Mar 2005	184	2,975	50.37	7.15	$30,554
Feb 2005	0	1,812	45.22	6.31	$11,437
Jan 2005	0	1,433	43.16	6.32	$9,060
Dec 2004	151	1,388	39.86	6.75	$15,389
Nov 2004	0	1,379	45.28	6.33	$8,730
Oct 2004	0	1,428	49.70	6.52	$9,304
Sep 2004	0	1,361	43.24	5.28	$7,191
Aug 2004	0	1,419	42.37	5.55	$7,876
Jul 2004	0	1,438	38.28	6.08	$8,749
Jun 2004	0	1,434	36.10	6.43	$9,225
May 2004	178	1,477	37.48	6.49	$16,264
Apr 2004	0	1,441	34.47	5.86	$8,442
Mar 2004	0	1,498	34.36	5.53	$8,284
Feb 2004	0	1,397	32.45	5.51	$7,697
Jan 2004	0	1,494	32.03	6.30	$9,412
Dec 2003	0	1,475	30.26	6.30	$9,295
Nov 2003	69	1,430	28.80	4.60	$8,558
Oct 2003	0	1,438	28.17	4.76	$6,844
Sep 2003	183	1,433	26.31	4.75	$11,621
Aug 2003	0	1,495	29.76	5.13	$7,669
Jul 2003	0	1,484	29.41	5.17	$7,674
Jun 2003	0	1,430	28.56	5.98	$8,556
May 2003	0	1,470	26.59	5.97	$8,780
Apr 2003	0	1,425	26.67	5.41	$7,705
Mar 2003	0	1,472	31.14	6.10	$8,973
Feb 2003	0	1,330	33.48	7.93	$10,541
Jan 2003	0	1,495	30.31	5.58	$8,345
Dec 2002	0	1,479	26.91	4.85	$7,179
Nov 2002	191	1,431	24.66	4.14	$10,630
Oct 2002	0	1,178	26.46	4.23	$4,982
Sep 2002	0	1,495	27.44	3.64	$5,435
Aug 2002	0	1,480	25.96	3.16	$4,683
Jul 2002	0	1,557	24.58	3.06	$4,767
Jun 2002	0	1,469	23.73	3.34	$4,904
May 2002	0	1,519	24.66	3.58	$5,444
Apr 2002	0	1,462	23.65	3.51	$5,135
Mar 2002	0	1,522	22.00	3.10	$4,722
Feb 2002	0	1,357	18.22	2.38	$3,224
Jan 2002	193	1,512	17.17	2.38	$6,906
Dec 2001	0	1,517	16.93	2.36	$3,587
Nov 2001	0	1,481	18.07	2.41	$3,563
Oct 2001	192	1,565	19.78	2.53	$7,755
Sep 2001	0	1,510	24.26	2.25	$3,399
Aug 2001	0	1,580	24.87	3.05	$4,824
Jul 2001	0	1,591	23.93	3.20	$5,087
Jun 2001	0	1,529	24.56	3.82	$5,847
May 2001	0	1,571	25.52	4.31	$6,767
Apr 2001	0	1,488	24.68	5.34	$7,939
Mar 2001	0	1,543	24.54	5.38	$8,296
Feb 2001	0	1,387	27.75	5.77	$7,999
Jan 2001	0	1,514	27.47	8.40	$12,716
Dec 2000	0	1,476	26.88	9.12	$13,465
Nov 2000	0	1,538	32.21	5.66	$8,702
Oct 2000	0	945	31.23	5.15	$4,863
Sep 2000	0	1,674	31.87	5.19	$8,682
Aug 2000	351	1,761	29.64	4.54	$18,400
Jul 2000	0	1,778	28.53	4.09	$7,272
Jun 2000	0	1,685	29.30	4.40	$7,409
May 2000	0	1,739	27.26	3.68	$6,399
Apr 2000	0	1,667	24.51	3.12	$5,194
Mar 2000	0	1,721	28.42	2.86	$4,922
Feb 2000	0	1,604	27.62	2.73	$4,373
Jan 2000	0	1,714	25.27	2.48	$4,252
Dec 1999	0	1,760	24.28	2.42	$4,266
Nov 1999	8	1,717	23.19	2.43	$4,365
Oct 1999	9	1,832	20.98	2.80	$5,325
Sep 1999	9	1,812	21.75	2.62	$4,941
Aug 1999	354	1,887	19.26	2.88	$12,244
Jul 1999	6	1,888	17.89	2.37	$4,586
Jun 1999	10	1,827	15.94	2.36	$4,475
May 1999	23	1,893	15.79	2.32	$4,757
Apr 1999	9	1,842	15.10	2.21	$4,203
Mar 1999	9	1,923	12.47	1.84	$3,647
Feb 1999	16	1,704	9.98	1.82	$3,257
Jan 1999	0	1,874	10.38	1.90	$3,561
Dec 1998	0	1,880	9.20	1.77	$3,334
Nov 1998	2	1,860	10.89	2.19	$4,087
Oct 1998	385	1,933	12.42	1.97	$8,588
Sep 1998	365	1,923	12.59	2.08	$8,600
Aug 1998	1	1,997	11.30	1.91	$3,820
Jul 1998	1	2,019	11.74	2.24	$4,529
Jun 1998	1	1,964	11.24	2.24	$4,405
May 1998	1	2,030	12.62	2.21	$4,491
Apr 1998	1	1,960	13.04	2.51	$4,923
Mar 1998	1	2,020	12.80	2.31	$4,678
Feb 1998	1	1,837	13.95	2.30	$4,237
Jan 1998	1	2,042	14.70	2.15	$4,415
Dec 1997	1	1,959	16.32	2.41	$4,740
Nov 1997	1	2,007	18.19	3.09	$6,216
Oct 1997	0	2,085	19.25	3.15	$6,567
Sep 1997	1	2,051	17.74	2.95	$6,078
Aug 1997	1	2,140	17.86	2.55	$5,485
Jul 1997	0	2,140	17.58	2.25	$4,808
Jun 1997	1	2,072	17.24	2.26	$4,694
May 1997	2	2,139	18.97	2.31	$4,976
Apr 1997	1	2,057	17.88	2.08	$4,302
Mar 1997	0	2,127	18.95	1.94	$4,125
Feb 1997	1	1,920	20.49	2.21	$4,256
Jan 1997	200	2,150	23.48	3.54	$12,306
Dec 1996	0	2,155	23.32	—	$0
Nov 1996	0	2,110	21.97	—	$0
Oct 1996	1	2,208	23.31	—	$23
Sep 1996	0	2,161	22.22	—	$0
Aug 1996	178	2,274	20.26	—	$3,606
Jul 1996	0	2,287	19.55	—	$0
Jun 1996	0	2,216	18.73	—	$0
May 1996	1	2,298	19.43	—	$19
Apr 1996	1	2,229	21.51	—	$22
Mar 1996	183	2,237	19.38	—	$3,547
Feb 1996	0	2,110	16.98	—	$0
Jan 1996	0	2,255	17.07	—	$0
Dec 1995	0	2,270	17.19	—	$0
Nov 1995	191	2,202	16.00	—	$3,056
Oct 1995	0	2,285	15.43	—	$0
Sep 1995	0	2,234	16.18	—	$0
Aug 1995	1	2,699	15.92	—	$16
Jul 1995	175	2,324	15.24	—	$2,667
Jun 1995	0	2,247	16.41	—	$0
May 1995	1	2,398	17.56	—	$18
Apr 1995	0	2,326	17.73	—	$0
Mar 1995	175	2,399	16.44	—	$2,877
Feb 1995	0	2,146	16.58	—	$0
Jan 1995	0	2,360	15.92	—	$0
Dec 1994	0	2,377	15.03	—	$0
Nov 1994	177	2,330	15.90	—	$2,814
Oct 1994	0	2,432	15.58	—	$0
Sep 1994	0	2,360	15.29	—	$0
Aug 1994	0	2,465	16.13	—	$0
Jul 1994	179	2,532	17.56	—	$3,143
Jun 1994	0	2,427	17.09	—	$0
May 1994	0	2,477	15.88	—	$0
Apr 1994	162	2,383	14.14	—	$2,291
Mar 1994	1	2,456	12.46	—	$12
Feb 1994	0	2,267	12.50	—	$0
Jan 1994	163	2,515	12.66	—	$2,064
Dec 1993	0	2,541	12.33	—	$0
Nov 1993	0	2,457	14.49	—	$0
Oct 1993	164	2,554	15.85	—	$2,599
Sep 1993	1	2,492	15.03	—	$15
Aug 1993	1	2,643	15.66	—	$16
Jul 1993	1	2,656	15.46	—	$15
Jun 1993	176	2,564	16.79	—	$2,955
May 1993	1	2,736	17.68	—	$18
Apr 1993	1	2,646	18.05	—	$18
Mar 1993	173	2,751	18.14	—	$3,138
Feb 1993	0	2,490	17.90	—	$0
Jan 1993	0	2,775	16.93	—	$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.

Apr 2007 — as filed, then multipliedworked

Oil                   58 bbl  × $ 59.61 =     $3,457
Casinghead gas         0 Mcf  × $  7.81 =         $0

────────────────────────────────────────────────────
Month total                                   $3,457

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/26090 is the state's own key, not one this site invented.