HODNETT

Operated by FAGADAU ENERGY CORPORATION (P-5 257680) in the TOOTER (CISCO REEF) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35022District 08Field 90714075OilCasinghead gasSaveExport
Value, all time
$2.1 M
Jun 1996 – Apr 2006
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
119
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 1 leases and 1 wells, and the rule below applies to all of them.

Discovered
1996-06-15
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

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
OilDisposition83,297 bbl$1,607,891
Casinghead gasProduction236,122 Mcf$538,143
Total$2,146,034

57,571 Mcf of this lease's gas, across 7 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 32.4563, -101.2852. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.45629, -101.28523 · 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
7,902 ft
1 wells filed one
Completion to plug
5.7 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 7,902 ft.

Completions filed
Jun 1996
1 of 1 wells
Plug dates filed
Feb 2002
1 of 1 wells

Last completion to plug: a median of 5.7 years across the 1 well that filed both dates, with the middle half between 5.7 years and 5.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2273503417,902 ftJun 1996Feb 2002Yes

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 (119)

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

119 months

Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200651057.597.75$2,937
Jan 20060060.598.93$0
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 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 2002116018.222.38$2,114
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001031418.072.41$755
Oct 2001197019.782.53$3,897
Sep 20010024.262.25$0
Aug 2001019424.873.05$592
Jul 20013891,15323.933.20$12,995
Jun 20013921,68924.563.82$16,087
May 20013941,89525.524.31$18,217
Apr 20013892,30524.685.34$21,898
Mar 20015752,03224.545.38$25,035
Feb 20015861,72327.755.77$26,198
Jan 20016002,23927.478.40$35,287
Dec 20005982,31426.889.12$37,184
Nov 20007863,22232.215.66$43,547
Oct 20004542,23031.235.15$25,653
Sep 20001963,09631.875.19$22,304
Aug 20005663,37129.644.54$32,083
Jul 20005784,03328.534.09$32,984
Jun 20009344,11329.304.40$45,452
May 20005861,76427.263.68$22,465
Apr 20003941,54924.513.12$14,484
Mar 20009686,11828.422.86$45,007
Feb 20001,31910,38627.622.73$64,748
Jan 20001,1725,67725.272.48$43,698
Dec 19992,2988,68024.282.42$76,833
Nov 199919823323.192.43$5,159
Oct 19999102,64920.982.80$26,519
Sep 19997162,00021.752.62$20,811
Aug 19996982,15519.262.88$19,640
Jul 19998952,66117.892.37$22,324
Jun 19991,0602,15015.942.36$21,975
May 19997782,28915.792.32$17,597
Apr 19991,0742,36815.102.21$21,446
Mar 19995091,23312.471.84$8,614
Feb 19999312,1119.981.82$13,129
Jan 19991,0784,96010.381.90$20,613
Dec 199835609.201.77$3,275
Nov 19981,4363,81010.892.19$23,966
Oct 19981,4092,91012.421.97$23,230
Sep 19989961,75912.592.08$16,203
Aug 19987043,93711.301.91$15,464
Jul 19981,7533,93711.742.24$29,388
Jun 19981,4423,81011.242.24$24,732
May 19981,9403,94712.622.21$33,191
Apr 19981,5942,93013.042.51$28,126
Mar 19981,6303,05212.802.31$27,912
Feb 19981,8092,96213.952.30$32,046
Jan 19981,9223,12314.702.15$34,983
Dec 19972,0993,37516.322.41$42,393
Nov 19972,0013,31018.193.09$46,620
Oct 19972,0134,06419.253.15$51,551
Sep 19972,4104,73717.742.95$56,751
Aug 19971,0082,25417.862.55$23,761
Jul 19972,1333,99017.582.25$46,463
Jun 19972,5574,37117.242.26$53,949
May 19972,1884,81218.972.31$52,615
Apr 19972,4435,30917.882.08$54,738
Mar 19971,7993,35418.951.94$40,595
Feb 19972,1433,69420.492.21$52,059
Jan 19972,5154,19823.483.54$73,912
Dec 19963,2175,56223.32$75,020
Nov 19963,2556,36821.97$71,512
Oct 19963,1137,36323.31$72,564
Sep 19963,5778,28322.22$79,481
Aug 19963,1719,79420.26$64,244
Jul 19961,27912,60119.55$25,004
Jun 199607,60018.73$0

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.

Feb 2006 — as filed, then multipliedworked
Oil                   51 bbl  × $ 57.59 =     $2,937
Casinghead gas         0 Mcf  × $  7.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,937

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/35022 is the state's own key, not one this site invented.