HILL ESTATE

Operated by BOPCO, L.P. (P-5 82967) 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 28968District 08Field 38260664Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$789 k
Jan 1993 – Jan 2010
Value, last 12 filed months
$37
at the published price for each month
Months reported
205
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

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
OilDisposition21,973 bbl$587,665
Casinghead gasProduction66,388 Mcf$201,430
Total$789,095

22,995 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 31.7179, -103.0127. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71791, -103.01275 · 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
4,950 ft
1 wells filed one
Completion to plug
14 months
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 4,950 ft.

Completions filed
Sep 2008
1 of 1 wells
Plug dates filed
Nov 2009
1 of 1 wells

Last completion to plug: a median of 14 months across the 1 well that filed both dates, with the middle half between 14 months and 14 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4950572714,950 ftSep 2008Nov 2009Yes

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 (205)

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

205 months

Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090942.144.06$37
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200862355.496.86$491
Oct 200884575.246.92$913
Sep 20081763101.767.88$2,226
Aug 200834191114.228.48$5,504
Jul 200841223131.0811.39$7,914
Jun 200826219131.3313.03$6,269
May 200831275123.1711.57$7,001
Apr 20082830110.3110.45$3,402
Mar 200833196101.909.66$5,257
Feb 20082317092.538.77$3,619
Jan 20084014990.388.21$4,838
Dec 20074418188.337.30$5,208
Nov 20076215091.677.29$6,777
Oct 20076242082.856.92$8,044
Sep 20078032775.846.24$8,109
Aug 20078520369.066.39$7,167
Jul 20079120870.906.39$7,781
Jun 20076623262.007.55$5,843
May 20079124158.747.85$7,236
Apr 20075012559.617.81$3,956
Mar 20077716356.927.30$5,573
Feb 20076913255.108.22$4,886
Jan 200712919850.306.73$7,821
Dec 20069419356.656.92$6,660
Nov 20067036054.207.62$6,536
Oct 20066536754.906.01$5,776
Sep 20068723060.085.04$6,386
Aug 20067816168.717.34$6,541
Jul 20066525769.376.34$6,139
Jun 20065120166.286.38$4,663
May 200610724666.016.42$8,644
Apr 20066819064.397.36$5,777
Mar 20068420056.707.08$6,179
Feb 20066439157.597.75$6,716
Jan 200610042760.598.93$9,874
Dec 20058548854.9413.42$11,217
Nov 20056724554.6910.59$6,258
Oct 20058028358.3413.80$8,571
Sep 200513013961.4512.08$9,667
Aug 20058819361.519.80$7,304
Jul 200511827055.697.84$8,689
Jun 200512039852.337.38$9,217
May 20059115645.226.65$5,153
Apr 20057529149.207.36$5,832
Mar 20053914650.377.15$3,009
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20041610839.866.75$1,367
Nov 200412433845.286.33$7,754
Oct 200414531849.706.52$9,278
Sep 20043923943.245.28$2,949
Aug 200410932242.375.55$6,406
Jul 200415220338.286.08$7,054
Jun 20046618036.106.43$3,541
May 20045718637.486.49$3,344
Apr 20049816934.475.86$4,368
Mar 20048716234.365.53$3,885
Feb 20047015332.455.51$3,114
Jan 20045715432.036.30$2,796
Dec 20038213130.266.30$3,307
Nov 20037615328.804.60$2,892
Oct 20039219928.174.76$3,539
Sep 20038023626.314.75$3,226
Aug 20037723829.765.13$3,512
Jul 20037022429.415.17$3,217
Jun 20039921128.565.98$4,090
May 200312223226.595.97$4,630
Apr 200312524026.675.41$4,632
Mar 200318437731.146.10$8,028
Feb 200313935033.487.93$7,428
Jan 200318043030.315.58$7,856
Dec 200218848326.914.85$7,403
Nov 200217033524.664.14$5,578
Oct 200214328726.464.23$4,998
Sep 200214936027.443.64$5,397
Aug 200213929125.963.16$4,529
Jul 200213330524.583.06$4,203
Jun 200211926623.733.34$3,712
May 200217428824.663.58$5,323
Apr 200213638023.653.51$4,551
Mar 200211336622.003.10$3,622
Feb 200211626818.222.38$2,750
Jan 200212732717.172.38$2,957
Dec 200112737016.932.36$3,025
Nov 200113722118.072.41$3,007
Oct 200111223719.782.53$2,815
Sep 20014024.262.25$97
Aug 20019822624.873.05$3,127
Jul 20018932523.933.20$3,169
Jun 200110640624.563.82$4,156
May 200111541925.524.31$4,740
Apr 20016615224.685.34$2,440
Mar 20018855524.545.38$5,143
Feb 20019846827.755.77$5,418
Jan 20018831827.478.40$5,088
Dec 200013141326.889.12$7,289
Nov 200014438232.215.66$6,800
Oct 200011539731.235.15$5,634
Sep 200012940231.875.19$6,196
Aug 200013547229.644.54$6,145
Jul 20009520728.534.09$3,557
Jun 2000833629.304.40$2,590
May 2000947127.263.68$2,824
Apr 20007822924.513.12$2,625
Mar 20006531728.422.86$2,754
Feb 200010036827.622.73$3,765
Jan 200010031025.272.48$3,296
Dec 199910514324.282.42$2,896
Nov 19998022723.192.43$2,408
Oct 19999114320.982.80$2,310
Sep 199910431421.752.62$3,084
Aug 199913643519.262.88$3,870
Jul 199913649017.892.37$3,596
Jun 199910257315.942.36$2,979
May 199910559015.792.32$3,027
Apr 199912063015.102.21$3,203
Mar 199914864512.471.84$3,031
Feb 19991597039.981.82$2,865
Jan 199915545810.381.90$2,479
Dec 19981665979.201.77$2,586
Nov 199815151410.892.19$2,768
Oct 199814644212.421.97$2,684
Sep 199812940012.592.08$2,457
Aug 199813336911.301.91$2,207
Jul 199816039311.742.24$2,758
Jun 199816242811.242.24$2,778
May 199817140812.622.21$3,058
Apr 199816333113.042.51$2,955
Mar 199818536612.802.31$3,213
Feb 199819136613.952.30$3,506
Jan 199820137714.702.15$3,767
Dec 199717849016.322.41$4,086
Nov 199716856218.193.09$4,792
Oct 199714958419.253.15$4,708
Sep 199715541617.742.95$3,979
Aug 199713347717.862.55$3,594
Jul 199714647717.582.25$3,638
Jun 199717648017.242.26$4,118
May 199717154118.972.31$4,493
Apr 199718354417.882.08$4,405
Mar 199717055618.951.94$4,300
Feb 199716050520.492.21$4,392
Jan 199718060423.483.54$6,364
Dec 199616757023.32$3,894
Nov 199615955721.97$3,493
Oct 199616962523.31$3,939
Sep 199616164922.22$3,577
Aug 199614362120.26$2,897
Jul 199613078719.55$2,542
Jun 199615459918.73$2,884
May 199619258419.43$3,731
Apr 199619641421.51$4,216
Mar 199616746819.38$3,236
Feb 199614840816.98$2,513
Jan 199616331117.07$2,782
Dec 199514046417.19$2,407
Nov 199518426016.00$2,944
Oct 199516533615.43$2,546
Sep 199516331516.18$2,637
Aug 199517635415.92$2,802
Jul 199515835015.24$2,408
Jun 199516628616.41$2,724
May 199517249117.56$3,020
Apr 199516146117.73$2,855
Mar 199516948016.44$2,778
Feb 199515946716.58$2,636
Jan 199517656715.92$2,802
Dec 199416854715.03$2,525
Nov 199417154415.90$2,719
Oct 199415653715.58$2,430
Sep 199414357015.29$2,186
Aug 199414464316.13$2,323
Jul 199413065017.56$2,283
Jun 199414574217.09$2,478
May 199410861815.88$1,715
Apr 199415773014.14$2,220
Mar 19945420012.46$673
Feb 199412843412.50$1,600
Jan 199413761812.66$1,734
Dec 199316357712.33$2,010
Nov 199314458814.49$2,087
Oct 199313449815.85$2,124
Sep 199314842215.03$2,224
Aug 199312947015.66$2,020
Jul 199311641215.46$1,793
Jun 199311033516.79$1,847
May 199312522017.68$2,210
Apr 199312726618.05$2,292
Mar 199311929118.14$2,159
Feb 199311128917.90$1,987
Jan 199313137016.93$2,218

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.

Mar 2009 — as filed, then multipliedworked
Oil                    0 bbl  × $ 42.14 =         $0
Casinghead gas         9 Mcf  × $  4.06 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/28968 is the state's own key, not one this site invented.