HANSON

Operated by VERITAS ENERGY, LLC (P-5 884589) in the DEWEY LAKE, S. (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29752District 08Field 24489380NGPA filingOilCasinghead gasSaveExport
Value, all time
$519 k
Jan 1993 – Jun 2016
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
282
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 49 leases and 56 wells, and the rule below applies to all of them.

Discovered
1983-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1985-09-16.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 09/01/1999.

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
OilDisposition10,526 bbl$271,948
Casinghead gasProduction100,382 Mcf$247,186
Total$519,134

43,767 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 31.8581, -101.6446. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85808, -101.64459 · 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
10,395 ft
1 wells filed one
Completion to plug
30.6 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 10,395 ft.

Completions filed
Sep 1985
1 of 1 wells
Plug dates filed
Apr 2016
1 of 1 wells

Last completion to plug: a median of 30.6 years across the 1 well that filed both dates, with the middle half between 30.6 years and 30.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17331788110,395 ftSep 1985Apr 2016Yes

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 (282)

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

282 months

Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201642036.561.99$1,536
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201533056.152.88$1,853
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20101804780.843.80$14,730
Oct 20100078.103.51$0
Sep 20100272.633.98$8
Aug 20100173.684.42$4
Jul 201003672.554.74$171
Jun 201007970.364.91$388
May 2010015571.124.24$656
Apr 2010010481.694.12$429
Mar 2010016178.394.39$707
Feb 2010013873.585.44$751
Jan 2010014374.365.96$853
Dec 2009012971.445.48$707
Nov 2009017774.593.75$664
Oct 2009020072.544.11$822
Sep 200916716665.543.06$11,454
Aug 2009018567.423.22$595
Jul 2009012761.133.46$440
Jun 2009017466.163.90$678
May 2009013554.743.93$530
Apr 2009018946.773.59$678
Mar 2009011542.144.06$467
Feb 2009013732.814.63$635
Jan 2009019435.865.37$1,042
Dec 200808337.105.98$496
Nov 2008014255.496.86$974
Oct 2008017975.246.92$1,239
Sep 20080118101.767.88$930
Aug 20080219114.228.48$1,858
Jul 2008178122131.0811.39$24,722
Jun 20080151131.3313.03$1,968
May 20080202123.1711.57$2,338
Apr 20080140110.3110.45$1,464
Mar 20080181101.909.66$1,749
Feb 2008018692.538.77$1,631
Jan 2008018890.388.21$1,543
Dec 2007016988.337.30$1,234
Nov 2007018091.677.29$1,313
Oct 2007020182.856.92$1,391
Sep 2007022075.846.24$1,374
Aug 200717616469.066.39$13,202
Jul 2007018870.906.39$1,201
Jun 2007015062.007.55$1,132
May 2007013358.747.85$1,044
Apr 2007018259.617.81$1,421
Mar 2007023356.927.30$1,701
Feb 2007016555.108.22$1,356
Jan 2007018350.306.73$1,231
Dec 2006023456.656.92$1,619
Nov 2006027354.207.62$2,080
Oct 2006017954.906.01$1,076
Sep 200618519760.085.04$12,107
Aug 2006021868.717.34$1,600
Jul 2006014869.376.34$939
Jun 2006018666.286.38$1,187
May 2006023566.016.42$1,510
Apr 2006025964.397.36$1,906
Mar 2006014356.707.08$1,013
Feb 2006033757.597.75$2,612
Jan 2006018960.598.93$1,688
Dec 200516223154.9413.42$11,999
Nov 2005025254.6910.59$2,668
Oct 2005011058.3413.80$1,518
Sep 2005016261.4512.08$1,957
Aug 2005023461.519.80$2,292
Jul 2005014155.697.84$1,106
Jun 2005022452.337.38$1,653
May 2005028345.226.65$1,882
Apr 200517713549.207.36$9,702
Mar 2005029150.377.15$2,082
Feb 2005025545.226.31$1,610
Jan 2005025443.166.32$1,606
Dec 2004027239.866.75$1,836
Nov 2004029645.286.33$1,874
Oct 2004021449.706.52$1,394
Sep 2004028043.245.28$1,479
Aug 2004034142.375.55$1,893
Jul 200418628538.286.08$8,854
Jun 2004017136.106.43$1,100
May 2004026337.486.49$1,708
Apr 2004040334.475.86$2,361
Mar 2004031634.365.53$1,748
Feb 2004025832.455.51$1,421
Jan 200417720532.036.30$6,961
Dec 2003027230.266.30$1,714
Nov 2003042628.804.60$1,958
Oct 2003022128.174.76$1,052
Sep 2003027726.314.75$1,316
Aug 200318331829.765.13$7,077
Jul 2003038129.415.17$1,970
Jun 2003017628.565.98$1,053
May 2003049226.595.97$2,939
Apr 200317948626.675.41$7,402
Mar 2003032131.146.10$1,957
Feb 2003019733.487.93$1,561
Jan 2003041830.315.58$2,333
Dec 2002059026.914.85$2,864
Nov 2002027124.664.14$1,121
Oct 200218649826.464.23$7,028
Sep 2002040427.443.64$1,469
Aug 2002033925.963.16$1,073
Jul 2002056724.583.06$1,736
Jun 2002048523.733.34$1,619
May 200218340024.663.58$5,946
Apr 2002045423.653.51$1,595
Mar 2002052622.003.10$1,632
Feb 2002033718.222.38$801
Jan 2002062817.172.38$1,492
Dec 200118069916.932.36$4,700
Nov 2001068918.072.41$1,657
Oct 2001017319.782.53$438
Sep 2001025724.262.25$579
Aug 2001048824.873.05$1,490
Jul 2001025823.933.20$825
Jun 2001042324.563.82$1,618
May 2001049925.524.31$2,149
Apr 200116261924.685.34$7,301
Mar 2001063724.545.38$3,425
Feb 2001050727.755.77$2,924
Jan 2001060327.478.40$5,064
Dec 200019359826.889.12$10,643
Nov 2000057532.215.66$3,253
Oct 2000060831.235.15$3,128
Sep 2000062431.875.19$3,236
Aug 200018963829.644.54$8,499
Jul 2000064328.534.09$2,630
Jun 2000061729.304.40$2,713
May 200019563927.263.68$7,667
Apr 2000062124.513.12$1,935
Mar 2000061928.422.86$1,770
Feb 200018963427.622.73$6,949
Jan 2000074225.272.48$1,841
Dec 199917780424.282.42$6,246
Nov 1999043423.192.43$1,056
Oct 199918544320.982.80$5,123
Sep 1999144621.752.62$1,190
Aug 1999145319.262.88$1,322
Jul 1999146617.892.37$1,123
Jun 1999146315.942.36$1,110
May 199917948115.792.32$3,943
Apr 1999047615.102.21$1,051
Mar 1999149612.471.84$924
Feb 199914129.981.82$759
Jan 199918946210.381.90$2,840
Dec 199814789.201.77$857
Nov 1998146410.892.19$1,025
Oct 1998048512.421.97$955
Sep 1998049812.592.08$1,037
Aug 199818354711.301.91$3,111
Jul 1998155511.742.24$1,253
Jun 1998052911.242.24$1,184
May 199818455012.622.21$3,536
Apr 1998053413.042.51$1,338
Mar 1998055712.802.31$1,286
Feb 1998048013.952.30$1,104
Jan 199819753814.702.15$4,055
Dec 1997050616.322.41$1,220
Nov 1997053818.193.09$1,661
Oct 199718453319.253.15$5,221
Sep 1997155517.742.95$1,658
Aug 1997064117.862.55$1,638
Jul 1997064317.582.25$1,445
Jun 199718764217.242.26$4,673
May 1997054718.972.31$1,263
Apr 1997053017.882.08$1,104
Mar 199719559418.951.94$4,847
Feb 1997059420.492.21$1,310
Jan 19970023.483.54$0
Dec 199616870823.32$3,918
Nov 1996065621.97$0
Oct 199619570123.31$4,545
Sep 1996071522.22$0
Aug 199618683620.26$3,768
Jul 1996077819.55$0
Jun 1996077418.73$0
May 199619077719.43$3,692
Apr 1996073121.51$0
Mar 199618076819.38$3,488
Feb 199601,29216.98$0
Jan 199618876717.07$3,209
Dec 1995077717.19$0
Nov 199520080516.00$3,200
Oct 1995084415.43$0
Sep 1995173416.18$16
Aug 199517777815.92$2,818
Jul 1995288615.24$30
Jun 199519382816.41$3,167
May 1995090217.56$0
Apr 199518874517.73$3,333
Mar 1995043416.44$0
Feb 199518676116.58$3,084
Jan 1995093815.92$0
Dec 199418290715.03$2,735
Nov 1994094315.90$0
Oct 199418398715.58$2,851
Sep 199401,00215.29$0
Aug 19941841,04816.13$2,968
Jul 199401,08317.56$0
Jun 19941821,02917.09$3,110
May 19941791,02815.88$2,843
Apr 19941752,01014.14$2,475
Mar 199401,03812.46$0
Feb 19943671,00812.50$4,588
Jan 199401,10812.66$0
Dec 199301,14312.33$0
Nov 19931821,74614.49$2,637
Oct 1993385815.85$6,102
Sep 1993185015.03$15
Aug 199301,50415.66$0
Jul 19931661,22415.46$2,566
Jun 1993011216.79$0
May 19931821,10517.68$3,218
Apr 19933631,21518.05$6,552
Mar 199301,63718.14$0
Feb 1993076117.90$0
Jan 199336933616.93$6,247

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 2016 — as filed, then multipliedworked
Oil                   42 bbl  × $ 36.56 =     $1,536
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $1,536

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/29752 is the state's own key, not one this site invented.