HILL, M. J. -23-

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

Oil lease lease 26975District 08Field 38255116Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$7.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$297 k
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 15 leases and 43 wells, and the rule below applies to all of them.

Discovered
1961-06-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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 350

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
NGPA1none

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
OilDisposition98,921 bbl$4,823,756
Casinghead gasProduction828,911 Mcf$2,696,839
Total$7,520,596

214,268 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 (2)

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 31.7191, -103.0070. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.71911, -103.00698 · 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
50.0%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
5,485 ft
2 wells filed one
Completion to plug
23.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 5,450 and 5,520 ft, median 5,485 ft, over the 2 wells that filed a depth.

Completions filed
Oct 1981 – Mar 1991
2 of 2 wells
Plug dates filed
Jun 2014
1 of 2 wells; 1 filed none

Last completion to plug: a median of 23.3 years across the 1 well that filed both dates, with the middle half between 23.3 years and 23.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-49530266275,450 ftMar 1991Jun 2014Yes
42-49531303295,520 ftOct 1981

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 20263670106.413.05$39,052
Apr 2026361098.932.87$35,714
Mar 2026542089.753.15$48,645
Feb 2026179063.503.75$11,367
Jan 2026177059.138.00$10,466
Dec 2025367056.664.41$20,794
Nov 2025348058.593.93$20,389
Oct 2025334059.383.30$19,833
Sep 2025344062.743.08$21,583
Aug 2025535063.933.01$34,203
Jul 2025183066.743.32$12,213
Jun 2025347066.483.13$23,069
May 2025529060.553.23$32,031
Apr 2025361062.363.54$22,512
Mar 2025717067.704.27$48,541
Feb 20250070.884.34$0
Jan 2025360074.324.28$26,755
Dec 2024362068.993.12$24,974
Nov 20240069.052.20$0
Oct 2024351071.372.28$25,051
Sep 2024341069.612.36$23,737
Aug 2024355075.632.06$26,849
Jul 2024190079.932.15$15,187
Jun 2024178078.082.63$13,898
May 20240078.812.20$0
Apr 202436330384.451.66$31,158
Mar 2024041880.301.55$646
Feb 202435570076.091.78$28,261
Jan 202416775973.023.30$14,697
Dec 202316679571.262.61$13,905
Nov 202335229877.892.81$28,254
Oct 202317848785.443.09$16,712
Sep 2023047989.042.74$1,310
Aug 202335994680.522.67$31,435
Jul 202318798074.852.64$16,586
Jun 202318368568.962.26$14,167
May 202318991770.622.23$15,390
Apr 202319084978.122.24$16,743
Mar 202316583572.852.39$14,019
Feb 202318273775.112.47$15,487
Jan 202319786276.533.39$17,997
Dec 202218274776.415.73$18,186
Nov 202235688385.005.65$35,246
Oct 202216476587.185.86$18,783
Sep 2022081784.888.16$6,670
Aug 202234790694.529.13$41,068
Jul 2022183596101.587.54$23,084
Jun 2022169439115.097.98$22,952
May 2022169977109.378.43$26,723
Apr 2022185723104.226.84$24,224
Mar 2022187452108.885.08$22,655
Feb 2022053591.054.86$2,599
Jan 202237861781.844.54$33,735
Dec 202114556371.323.90$12,537
Nov 202117960277.435.24$17,013
Oct 202116972079.795.71$17,599
Sep 202117850069.865.35$15,111
Aug 202116066166.024.22$13,353
Jul 202116367470.783.98$14,221
Jun 2021050169.493.38$1,694
May 202132752263.483.02$22,333
Apr 2021087860.362.76$2,422
Mar 202132690561.302.72$22,443
Feb 202116165157.805.55$12,918
Jan 2021085350.412.81$2,397
Dec 202032086344.642.68$16,594
Nov 2020075738.772.71$2,049
Oct 202016767536.972.48$7,847
Sep 202016677337.091.99$7,696
Aug 202016780639.982.39$8,599
Jul 202017680338.371.83$8,219
Jun 2020075734.901.69$1,280
May 202036581016.921.81$7,646
Apr 2020090914.751.80$1,640
Mar 20203241,22230.341.86$12,098
Feb 202033789549.881.98$18,582
Jan 2020098557.252.09$2,063
Dec 20193181,47659.012.30$22,166
Nov 201901,35155.302.75$3,716
Oct 20191481,09153.472.42$10,552
Sep 20191491,09255.052.66$11,104
Aug 20191401,31053.112.30$10,454
Jul 20191491,95356.272.46$13,189
Jun 20191541,78252.782.49$12,567
May 20193051,55258.482.74$22,089
Apr 20192991,47062.632.75$22,770
Mar 20192801,43856.803.06$20,307
Feb 20192881,29450.852.79$18,258
Jan 20194981,62746.033.23$28,175
Dec 20183291,60146.594.19$22,029
Nov 20183211,60552.934.24$23,791
Oct 20183141,52261.443.40$24,464
Sep 20183111,66359.543.11$23,686
Aug 20185001,80459.403.07$35,232
Jul 20183101,75165.142.93$25,327
Jun 20181501,38260.183.08$13,279
May 20183031,44165.382.90$23,990
Apr 20183071,20963.842.90$23,106
Mar 20183041,46761.222.79$22,699
Feb 20183111,09661.782.77$22,245
Jan 20184631,45662.874.01$34,946
Dec 20171571,72457.272.92$14,028
Nov 20176241,54855.423.12$39,409
Oct 20171661,84749.292.98$13,693
Sep 20173231,54047.523.09$20,103
Aug 20171771,00645.373.00$11,053
Jul 201717959543.873.09$9,690
Jun 2017015342.493.09$472
May 201726773645.373.26$14,516
Apr 201717579247.933.21$10,931
Mar 201712290746.772.98$8,412
Feb 20171741,03950.452.95$11,846
Jan 201717185849.413.42$11,382
Dec 20161791,19148.763.72$13,162
Nov 20161691,23142.492.64$10,436
Oct 201624989646.193.09$14,270
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 201616667127.352.36$6,127
Dec 201516260932.362.00$6,461
Nov 2015039438.792.17$854
Oct 201527144443.552.43$12,879
Sep 20150042.992.76$0
Aug 2015018340.162.87$526
Jul 2015022948.152.95$674
Jun 2015034256.152.88$986
May 2015036555.212.96$1,079
Apr 2015037449.822.71$1,012
Mar 2015038042.892.93$1,115
Feb 2015030244.662.98$899
Jan 2015025743.433.10$797
Dec 2014025654.693.59$919
Nov 2014028870.464.25$1,225
Oct 2014026478.303.90$1,030
Sep 2014047886.164.05$1,934
Aug 2014033389.394.04$1,344
Jul 2014039696.564.18$1,655
Jun 2014045598.164.74$2,155
May 20141591,48994.734.73$22,100
Apr 20141551,08295.944.81$20,074
Mar 20141251,11395.895.06$17,614
Feb 201420082597.406.19$24,588
Jan 20141311,38290.404.86$18,560
Dec 20134461,11891.824.35$45,820
Nov 20131641,68688.853.74$20,874
Oct 201316577697.423.78$19,007
Sep 20133061,833104.113.72$38,672
Aug 20131551,908104.253.52$22,880
Jul 20132821,924102.523.72$36,064
Jun 201329893594.403.93$31,809
May 20133331,95594.834.15$39,690
Apr 20133331,92093.964.28$39,511
Mar 20134272,00493.623.91$47,817
Feb 20133031,95691.233.42$34,332
Jan 20133161,34291.603.42$33,535
Dec 20122971,61886.773.42$31,305
Nov 20122902,41486.953.62$33,966
Oct 20123601,71089.383.40$37,990
Sep 20129869194.672.92$11,294
Aug 201201,79092.662.91$5,206
Jul 20121671,55485.133.02$18,911
Jun 20121551,17679.822.52$15,334
May 2012821,56291.612.49$11,399
Apr 20122431,407101.652.00$27,510
Mar 20121631,508105.052.22$20,474
Feb 20121721,414101.102.57$21,024
Jan 20122671,46198.092.73$30,185
Dec 201101,68296.873.24$5,449
Nov 20111951,56295.723.31$23,838
Oct 20113252,02384.983.65$35,000
Sep 201101,49483.623.99$5,955
Aug 201101,43683.404.15$5,958
Jul 2011090694.144.52$4,093
Jun 20112101,06492.904.64$24,446
May 20112041,61198.134.40$27,115
Apr 20112091,386105.964.33$28,152
Mar 20113461,86596.364.06$40,908
Feb 20112571,78985.644.18$29,487
Jan 20112552,00686.504.59$31,263
Dec 20102522,17585.734.35$31,060
Nov 20102392,06180.843.80$27,143
Oct 20103611,75178.103.51$34,338
Sep 20102341,79872.633.98$24,151
Aug 20102351,64973.684.42$24,602
Jul 20103562,10972.554.74$35,817
Jun 20103531,83870.364.91$33,862
May 20102412,11671.124.24$26,102
Apr 20103601,51881.694.12$35,667
Mar 20103581,62178.394.39$35,178
Feb 20101191,37373.585.44$16,228
Jan 20103551,45274.365.96$35,058
Dec 20092451,51971.445.48$25,833
Nov 20093591,58274.593.75$32,713
Oct 20093561,59972.544.11$32,397
Sep 20092321,50265.543.06$19,809
Aug 20092321,79267.423.22$21,409
Jul 200934167661.133.46$23,187
Jun 20092102,14966.163.90$22,264
May 20093122,18854.743.93$25,668
Apr 20092082,06646.773.59$17,140
Mar 20092022,12042.144.06$17,117
Feb 20091311,41332.814.63$10,845
Jan 20093191,52035.865.37$19,603
Dec 20081142,13837.105.98$17,009
Nov 20083382,18355.496.86$33,732
Oct 20083252,15375.246.92$39,356
Sep 2008220726101.767.88$28,106
Aug 20083441,528114.228.48$52,254
Jul 20082181,884131.0811.39$50,033
Jun 20082081,392131.3313.03$45,458
May 20082002,320123.1711.57$51,486
Apr 20081771,422110.3110.45$34,392
Mar 20083382,285101.909.66$56,525
Feb 20082332,06592.538.77$39,671
Jan 20082182,24490.388.21$38,117
Dec 20073192,08588.337.30$43,402
Nov 20072101,95991.677.29$33,535
Oct 20072132,29382.856.92$33,519
Sep 20072212,21775.846.24$30,604
Aug 20073331,90269.066.39$35,147
Jul 20072192,32070.906.39$30,347
Jun 20073272,29462.007.55$37,590
May 20072092,33758.747.85$30,613
Apr 20073252,26759.617.81$37,068
Mar 20072252,30156.927.30$29,609
Feb 20072162,05455.108.22$28,777
Jan 20073132,38250.306.73$31,767
Dec 20063192,36656.656.92$34,440
Nov 20062152,65454.207.62$31,870
Oct 20063162,39254.906.01$31,733
Sep 20063122,24560.085.04$30,053
Aug 20062182,66168.717.34$34,510
Jul 20063212,65769.376.34$39,120
Jun 20062152,67866.286.38$31,346
May 20064012,73666.016.42$44,049
Apr 20061752,62664.397.36$30,597
Mar 20062152,82756.707.08$32,214
Feb 20061502,56257.597.75$28,497
Jan 20062142,42960.598.93$34,665
Dec 20052382,25954.9413.42$43,381
Nov 20054141,67654.6910.59$40,388
Oct 20051042,30358.3413.80$37,839
Sep 20053172,27261.4512.08$46,923
Aug 20052182,29061.519.80$35,844
Jul 20051982,39455.697.84$29,804
Jun 20053002,30152.337.38$32,683
May 20051972,39645.226.65$24,845
Apr 20053422,32749.207.36$33,954
Mar 20053292,41150.377.15$33,822
Feb 20052172,19345.226.31$23,655
Jan 20053282,42043.166.32$29,456
Dec 20043352,46339.866.75$29,981
Nov 20043332,47045.286.33$30,714
Oct 20043502,58849.706.52$34,256
Sep 20043832,72543.245.28$30,960
Aug 20042592,54442.375.55$25,095
Jul 20044212,44538.286.08$30,992
Jun 20043732,50636.106.43$29,586
May 20042012,56137.486.49$24,166
Apr 20043902,62634.475.86$28,828
Mar 20042112,84434.365.53$22,978
Feb 20043332,26132.455.51$23,263
Jan 20043282,49632.036.30$26,230
Dec 20033672,52030.266.30$26,986
Nov 20031682,46028.804.60$16,142
Oct 20033382,61628.174.76$21,973
Sep 20031632,43126.314.75$15,834
Aug 20031102,71029.765.13$17,175
Jul 20033172,89229.415.17$24,277
Jun 20032602,87928.565.98$24,651
May 20031763,23026.595.97$23,972
Apr 20031073,21326.675.41$20,227
Mar 20032203,37031.146.10$27,394
Feb 2003842,78233.487.93$24,862
Jan 20031663,22830.315.58$23,050
Dec 20021703,27926.914.85$20,490
Nov 20021232,10824.664.14$11,754
Oct 20022052,96126.464.23$17,947
Sep 20021393,10127.443.64$15,087
Aug 20023112,94325.963.16$17,386
Jul 20021832,98924.583.06$13,650
Jun 20021632,93423.733.34$13,662
May 20021982,96024.663.58$15,491
Apr 20022033,11323.653.51$15,735
Mar 20022013,32722.003.10$14,745
Feb 20021512,80018.222.38$9,403
Jan 20023252,72117.172.38$12,044
Dec 20011723,06016.932.36$10,147
Nov 20013313,43418.072.41$14,242
Oct 20011733,51719.782.53$12,316
Sep 20012233,29424.262.25$12,826
Aug 20011733,08924.873.05$13,734
Jul 20011123,05523.933.20$12,447
Jun 20011653,08624.563.82$15,854
May 20011733,08425.524.31$17,699
Apr 20011203,11124.685.34$19,560
Mar 20012162,71124.545.38$19,876
Feb 20011362,60927.755.77$18,820
Jan 20012352,64827.478.40$28,695
Dec 20001992,90226.889.12$31,823
Nov 20002242,69332.215.66$22,452
Oct 20004392,66431.235.15$27,418
Sep 20001733,06531.875.19$21,410
Aug 20001773,38929.644.54$20,635
Jul 20002503,45128.534.09$21,246
Jun 20002643,05729.304.40$21,178
May 20002253,45127.263.68$18,832
Apr 20001883,31024.513.12$14,922
Mar 20002013,52228.422.86$15,784
Feb 20003003,12827.622.73$16,814
Jan 20002763,37825.272.48$15,354
Dec 19993293,43824.282.42$16,321
Nov 19992063,44423.192.43$13,160
Oct 19992793,11120.982.80$14,576
Sep 19992632,86621.752.62$13,226
Aug 19992582,84519.262.88$13,150
Jul 19993432,79317.892.37$12,762
Jun 19992383,19115.942.36$11,331
May 19992163,58915.792.32$11,741
Apr 19992453,19215.102.21$10,748
Mar 19992953,54312.471.84$10,192
Feb 19992483,1159.981.82$8,137
Jan 19993473,34010.381.90$9,948
Dec 19984533,3249.201.77$10,062
Nov 19983463,50610.892.19$11,431
Oct 19983823,76312.421.97$12,155
Sep 19983272,05612.592.08$8,399
Aug 19983113,23111.301.91$9,677
Jul 19983033,37811.742.24$11,115
Jun 19983063,00411.242.24$10,160
May 19982943,87712.622.21$12,264
Apr 19982913,05413.042.51$11,446
Mar 19982643,24212.802.31$10,866
Feb 19983873,57613.952.30$13,620
Jan 19984414,02114.702.15$15,147
Dec 19972864,05216.322.41$14,437
Nov 19974584,04718.193.09$20,829
Oct 19973554,09319.253.15$19,726
Sep 19972764,19417.742.95$17,289
Aug 19973244,58817.862.55$17,508
Jul 19972443,93217.582.25$13,124
Jun 19972983,85917.242.26$13,848
May 19972844,09818.972.31$14,848
Apr 19973473,98117.882.08$14,496
Mar 19973414,23718.951.94$14,678
Feb 19973563,75220.492.21$15,571
Jan 19973244,03923.483.54$21,904
Dec 19964074,04923.32$9,491
Nov 19962984,09521.97$6,547
Oct 19963943,92123.31$9,184
Sep 19963294,21722.22$7,310
Aug 19962644,45320.26$5,349
Jul 19963024,57519.55$5,904
Jun 19962944,52218.73$5,507
May 19963034,71219.43$5,887
Apr 19963424,54021.51$7,356
Mar 19962974,63919.38$5,756
Feb 19963584,60416.98$6,079
Jan 19963634,45717.07$6,196
Dec 19954064,15517.19$6,979
Nov 19953924,02616.00$6,272
Oct 19953474,38415.43$5,354
Sep 19953884,35716.18$6,278
Aug 19953014,57115.92$4,792
Jul 19954064,72815.24$6,187
Jun 19954084,57416.41$6,695
May 19953604,70117.56$6,322
Apr 19954834,60417.73$8,564
Mar 19953875,05016.44$6,362
Feb 19952754,59416.58$4,560
Jan 19953584,54415.92$5,699
Dec 19944204,75615.03$6,313
Nov 19943554,71715.90$5,645
Oct 19943125,17415.58$4,861
Sep 19943525,28715.29$5,382
Aug 19943515,18916.13$5,662
Jul 19943294,77217.56$5,777
Jun 19943694,74117.09$6,306
May 19943835,18915.88$6,082
Apr 19944154,49814.14$5,868
Mar 19944954,94012.46$6,168
Feb 19943474,42212.50$4,338
Jan 19944344,35412.66$5,494
Dec 19933814,38912.33$4,698
Nov 19933794,39314.49$5,492
Oct 19933614,47315.85$5,722
Sep 19933213,98415.03$4,825
Aug 19933594,06615.66$5,622
Jul 19933793,93815.46$5,859
Jun 19933503,84316.79$5,877
May 19933813,74317.68$6,736
Apr 19933903,98418.05$7,040
Mar 19933824,22118.14$6,929
Feb 19933353,86917.90$5,997
Jan 19934754,25416.93$8,042

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 2026 — as filed, then multipliedworked
Oil                  367 bbl  × $106.41 =    $39,052
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $39,052

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/26975 is the state's own key, not one this site invented.