HOFFERKAMP -D-

Operated by DISCOVERY OPERATING, INC. (P-5 220865) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29434District 08Field 85280300NGPA filingOilCasinghead gasSaveExport
Value, all time
$670 k
Jan 1993 – Oct 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
190
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
NGPA2none

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
OilDisposition30,964 bbl$595,379
Casinghead gasProduction65,110 Mcf$74,748
Total$670,127

40,966 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 32.0547, -102.0565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.05470, -102.05648 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,395 ft
2 wells filed one
Completion to plug
20.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 9,390 and 9,400 ft, median 9,395 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1984 – Oct 1984
2 of 2 wells
Plug dates filed
Feb 2001 – Jul 2008
2 of 2 wells

Last completion to plug: a median of 20.1 years across the 2 wells that filed both dates, with the middle half between 18.3 years and 22.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3293135029,390 ftOct 1984Feb 2001Yes
42-3293134919,400 ftSep 1984Jul 2008Yes

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 (190)

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

190 months

Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 2006142060.598.93$8,604
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20059452.337.38$500
May 20050545.226.65$33
Apr 20051763349.207.36$8,902
Mar 200501350.377.15$93
Feb 20050545.226.31$32
Jan 20050243.166.32$13
Dec 20040039.866.75$0
Nov 200401345.286.33$82
Oct 20040249.706.52$13
Sep 200402643.245.28$137
Aug 20041817942.375.55$8,107
Jul 200407638.286.08$462
Jun 20041808836.106.43$7,064
May 200408437.486.49$546
Apr 200403034.475.86$176
Mar 20041748234.365.53$6,432
Feb 200407732.455.51$424
Jan 20041838732.036.30$6,410
Dec 200308130.266.30$510
Nov 20031734828.804.60$5,203
Oct 200306928.174.76$328
Sep 20031914426.314.75$5,234
Aug 200303529.765.13$180
Jul 200305629.415.17$290
Jun 20031828528.565.98$5,706
May 200307526.595.97$448
Apr 20031829226.675.41$5,351
Mar 2003010131.146.10$616
Feb 200309133.487.93$721
Jan 200318310530.315.58$6,133
Dec 2002010726.914.85$519
Nov 200206424.664.14$265
Oct 200218412226.464.23$5,385
Sep 2002011027.443.64$400
Aug 200204325.963.16$136
Jul 20021849624.583.06$4,817
Jun 2002013223.733.34$441
May 200217818824.663.58$5,063
Apr 200217218623.653.51$4,721
Mar 2002018422.003.10$571
Feb 200217615818.222.38$3,582
Jan 200218316817.172.38$3,541
Dec 200118618716.932.36$3,591
Nov 2001019518.072.41$469
Oct 200118519919.782.53$4,163
Sep 200118418824.262.25$4,887
Aug 200117921424.873.05$5,105
Jul 2001022523.933.20$719
Jun 200117520924.563.82$5,097
May 200117820725.524.31$5,434
Apr 2001012024.685.34$640
Mar 200119219824.545.38$5,776
Feb 2001020327.755.77$1,171
Jan 200118122727.478.40$6,879
Dec 200017721026.889.12$6,673
Nov 200018818032.215.66$7,074
Oct 2000026131.235.15$1,343
Sep 200017924231.875.19$6,960
Aug 200017724329.644.54$6,350
Jul 200018524628.534.09$6,284
Jun 200018524929.304.40$6,515
May 200018126127.263.68$5,894
Apr 2000023724.513.12$738
Mar 200018023428.422.86$5,785
Feb 200018524327.622.73$5,772
Jan 200017927225.272.48$5,198
Dec 199917018224.282.42$4,569
Nov 199918020723.192.43$4,678
Oct 199936627420.982.80$8,447
Sep 199918530921.752.62$4,833
Aug 199918812219.262.88$3,972
Jul 199918537817.892.37$4,206
Jun 199918433515.942.36$3,724
May 199917735715.792.32$3,623
Apr 199935634515.102.21$6,137
Mar 199935834512.471.84$5,098
Feb 19991863119.981.82$2,422
Jan 199918127210.381.90$2,396
Dec 19981902579.201.77$2,204
Nov 199833527610.892.19$4,251
Oct 1998417112.421.97$386
Sep 199817619412.592.08$2,620
Aug 1998223211.301.91$465
Jul 199818227711.742.24$2,756
Jun 199818126011.242.24$2,616
May 199818235912.622.21$3,089
Apr 199818640613.042.51$3,443
Mar 199818649812.802.31$3,531
Feb 199818648513.952.30$3,710
Jan 199818458814.702.15$3,972
Dec 199735564816.322.41$7,356
Nov 199751557918.193.09$11,156
Oct 199718272919.253.15$5,800
Sep 199718054317.742.95$4,798
Aug 199718380417.862.55$5,322
Jul 199735775817.582.25$7,979
Jun 199718467717.242.26$4,700
May 199717939118.972.31$4,298
Apr 199719379917.882.08$5,115
Mar 199737083118.951.94$8,623
Feb 199717965620.492.21$5,115
Jan 199737589323.483.54$11,966
Dec 19963661,01823.32$8,535
Nov 199637099821.97$8,129
Oct 19963741,08423.31$8,718
Sep 199637380022.22$8,288
Aug 199633881920.26$6,848
Jul 199618497219.55$3,597
Jun 199635787618.73$6,687
May 199636895019.43$7,150
Apr 19963661,07121.51$7,873
Mar 19963551,15819.38$6,880
Feb 19963511,01316.98$5,960
Jan 19963601,16017.07$6,145
Dec 19955391,27617.19$9,265
Nov 199534589216.00$5,520
Oct 19955701,08715.43$8,795
Sep 199536887016.18$5,954
Aug 199553989915.92$8,581
Jul 199518258915.24$2,774
Jun 199536077816.41$5,908
May 199537686417.56$6,603
Apr 19951831,35017.73$3,245
Mar 199554191016.44$8,894
Feb 1995088016.58$0
Jan 199555695215.92$8,852
Dec 199435999415.03$5,396
Nov 19943641,01315.90$5,788
Oct 199418074915.58$2,804
Sep 199453997215.29$8,241
Aug 199435790016.13$5,758
Jul 199417953017.56$3,143
Jun 199418465217.09$3,145
May 199455381415.88$8,782
Apr 199418150614.14$2,559
Mar 199436160312.46$4,498
Feb 199436244112.50$4,525
Jan 1994016312.66$0
Dec 199336296612.33$4,463
Nov 199335194614.49$5,086
Oct 19935361,06315.85$8,496
Sep 19937161,09915.03$10,761
Aug 199317961515.66$2,803
Jul 199318355715.46$2,829
Jun 199318558016.79$3,106
May 199336654417.68$6,471
Apr 199336468018.05$6,570
Mar 199337085918.14$6,712
Feb 199336967017.90$6,605
Jan 199337278416.93$6,298

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.

Jan 2006 — as filed, then multipliedworked
Oil                  142 bbl  × $ 60.59 =     $8,604
Casinghead gas         0 Mcf  × $  8.93 =         $0

────────────────────────────────────────────────────
Month total                                   $8,604

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/29434 is the state's own key, not one this site invented.