HANEY

Operated by COVENANT PRODUCTION CO., L.C. (P-5 182791) in the WILDHORSE (UPPER CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31081District 08Field 97369500NGPA filingOilCasinghead gasSaveExport
Value, all time
$185 k
Jan 1993 – Oct 1997
Value, last 12 filed months
$0
at the published price for each month
Months reported
58
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1987-01-08
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: TEMP RULE RESCINDED 01-29-90 8-93540

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
OilDisposition11,533 bbl$184,624
Casinghead gasProduction28,473 Mcf$0
Total$184,624

28,473 Mcf of this lease's gas, across 40 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 32.4210, -101.3073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.42101, -101.30733 · 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
9,200 ft
1 wells filed one
Completion to plug
6.6 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 9,200 ft.

Completions filed
Dec 2017
1 of 1 wells
Plug dates filed
Jul 2024
1 of 1 wells

Last completion to plug: a median of 6.6 years across the 1 well that filed both dates, with the middle half between 6.6 years and 6.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273408519,200 ftDec 2017Jul 2024Yes

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 (58)

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

58 months

Oct 19970019.253.15$0
Sep 19970017.742.95$0
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 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 199687019.55$1,701
Jun 199605718.73$0
May 199619739519.43$3,828
Apr 1996054021.51$0
Mar 19960419.38$0
Feb 19960016.98$0
Jan 199620042817.07$3,414
Dec 199520064717.19$3,438
Nov 199519891516.00$3,168
Oct 199520291515.43$3,117
Sep 199519687416.18$3,171
Aug 199519275015.92$3,057
Jul 199519149715.24$2,911
Jun 199520756916.41$3,397
May 199519458817.56$3,407
Apr 199519557417.73$3,457
Mar 199534546616.44$5,672
Feb 199518738516.58$3,100
Jan 199519431615.92$3,088
Dec 199404415.03$0
Nov 199407115.90$0
Oct 199406515.58$0
Sep 19940015.29$0
Aug 199419130816.13$3,081
Jul 199419259517.56$3,372
Jun 199438395717.09$6,545
May 199437095815.88$5,876
Apr 199419181914.14$2,701
Mar 199435666312.46$4,436
Feb 199458676612.50$7,325
Jan 19943891,07612.66$4,925
Dec 199338852712.33$4,784
Nov 199319549514.49$2,826
Oct 19935671,14915.85$8,987
Sep 199334792815.03$5,215
Aug 19935511,32915.66$8,629
Jul 19937651,56515.46$11,827
Jun 19933811,20116.79$6,397
May 19935611,11917.68$9,918
Apr 199338996118.05$7,021
Mar 19935861,35118.14$10,630
Feb 19935831,27217.90$10,436
Jan 19935771,33416.93$9,769

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.

Jul 1996 — as filed, then multipliedworked
Oil                   87 bbl  × $ 19.55 =     $1,701
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $1,701

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/31081 is the state's own key, not one this site invented.