ELMA

Operated by HALLWOOD PETROLEUM, INC. (P-5 347221) in the SULPHUR DRAW (DEAN 8790) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27436District 08Field 87073333Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$74 k
Jan 1993 – Nov 1997
Value, last 12 filed months
$106
at the published price for each month
Months reported
59
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 122 leases and 183 wells, and the rule below applies to all of them.

Discovered
1966-05-18
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 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: OPTIONAL 80 ACRE, DIAG. 3250

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
OilDisposition4,467 bbl$74,319
Casinghead gasProduction2,581 Mcf$0
Total$74,319

2,581 Mcf of this lease's gas, across 30 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 32.4893, -101.9493. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.48927, -101.94926 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
9,230 ft
1 wells filed one
Completion to plug
15.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 9,230 ft.

Completions filed
Jun 1982
1 of 1 wells
Plug dates filed
Oct 1997
1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3173251919,230 ftJun 1982Oct 1997Yes

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 (59)

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

59 months

Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19976017.742.95$106
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 199676023.31$1,772
Sep 19960022.22$0
Aug 19961776420.26$3,586
Jul 199607619.55$0
Jun 19961744118.73$3,259
May 19961723719.43$3,342
Apr 1996012521.51$0
Mar 1996173019.38$3,353
Feb 1996181016.98$3,073
Jan 19960017.07$0
Dec 1995174017.19$2,991
Nov 19950016.00$0
Oct 1995178015.43$2,747
Sep 19950016.18$0
Aug 1995179015.92$2,850
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 199516016.44$263
Feb 19950016.58$0
Jan 19953502915.92$5,572
Dec 199404315.03$0
Nov 199403515.90$0
Oct 19941735415.58$2,695
Sep 199406715.29$0
Aug 19941698716.13$2,726
Jul 19941679317.56$2,933
Jun 199408017.09$0
May 19941818715.88$2,874
Apr 19943566114.14$5,034
Mar 199407412.46$0
Feb 19941797512.50$2,238
Jan 199407512.66$0
Dec 199306712.33$0
Nov 19931737214.49$2,507
Oct 19931749915.85$2,758
Sep 1993013315.03$0
Aug 199317414715.66$2,725
Jul 199317916815.46$2,767
Jun 1993014916.79$0
May 199315715417.68$2,776
Apr 199317610618.05$3,177
Mar 19931827418.14$3,301
Feb 199309917.90$0
Jan 199317111016.93$2,895

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 1997 — as filed, then multipliedworked
Oil                    6 bbl  × $ 17.74 =       $106
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                     $106

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/27436 is the state's own key, not one this site invented.