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HEARD 68

Operated by JETTA OPERATING COMPANY, INC. (P-5 432283) in the COLLIE (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42983District 08Field 19665200OilCasinghead gasSaveExport
Value, all time
$1.0 M
Oct 2012 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
164
no gaps in the span
Streams
2
oil, casinghead gas

The COLLIE (DELAWARE) field

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 140 leases and 683 wells, and the rule below applies to all of them.

Discovered
1981-11-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
191 ft
minimum

A drilling unit in this field needs at least 10 acres. The field rule took effect on 2020-02-01.

The Commission's schedule remark for this field reads: “WELLS WITH LESS THAN 80ACRES ELIGIBLE FOR 350MER”

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
OilDisposition10,292 bbl$707,890
Casinghead gasProduction104,943 Mcf$321,527
Total$1,029,417

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 31.4439, -103.4860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44389, -103.48597 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,338 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 6,338 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-3893314216,338 ftOct 2012——

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 (164)

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

164 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201114.751.80$17
Mar 20201162730.341.86$1,498
Feb 2020869449.881.98$1,774
Jan 20202678357.252.09$3,129
Dec 20193977159.012.30$4,078
Nov 20191474155.302.75$2,812
Oct 2019288853.472.42$2,255
Sep 201951,07055.052.66$3,119
Aug 2019131,01053.112.30$3,018
Jul 201951,03456.272.46$2,825
Jun 20191199752.782.49$3,064
May 20194877058.482.74$4,917
Apr 2019297162.632.75$2,796
Mar 201941,64856.803.06$5,274
Feb 201931,94650.852.79$5,586
Jan 201961,22046.033.23$4,215
Dec 2018101,06046.594.19$4,902
Nov 201861,11952.934.24$5,059
Oct 2018023361.443.40$792
Sep 2018101,08159.543.11$3,955
Aug 2018351,09159.403.07$5,425
Jul 2018611565.142.93$728
Jun 20182060.183.08$120
May 20183671365.382.90$4,422
Apr 2018941,12863.842.90$9,273
Mar 2018911,38361.222.79$9,425
Feb 2018951,86361.782.77$11,022
Jan 2018841,69462.874.01$12,073
Dec 2017561,92057.272.92$8,816
Nov 2017671,58455.423.12$8,653
Oct 2017631,78049.292.98$8,416
Sep 20171062,65647.523.09$13,237
Aug 2017351,95545.373.00$7,462
Jul 2017631,62843.873.09$7,790
Jun 20171072,01642.493.09$10,770
May 20172191,54745.373.26$14,985
Apr 2017533,24647.933.21$12,965
Mar 2017651,60146.772.98$7,817
Feb 2017791,56050.452.95$8,592
Jan 2017922,77449.413.42$14,029
Dec 20161272,40548.763.72$15,146
Nov 2016271,56742.492.64$5,291
Oct 2016241,27846.193.09$5,058
Sep 201671,82941.553.10$5,962
Aug 201681,72341.442.92$5,370
Jul 201691,67641.622.92$5,276
Jun 2016451,74945.352.69$6,738
May 2016981,50242.521.99$7,158
Apr 20161551,23636.561.99$8,128
Mar 20161921,28733.011.79$8,647
Feb 20162041,57626.472.06$8,652
Jan 20161541,75027.352.36$8,350
Dec 20151621,96532.362.00$9,175
Nov 20151651,54238.792.17$9,742
Oct 20151231,24943.552.43$8,387
Sep 2015981,18542.992.76$7,482
Aug 20151571,23240.162.87$9,844
Jul 201523382548.152.95$13,649
Jun 201520982656.152.88$14,117
May 20152161,03655.212.96$14,987
Apr 201521287149.822.71$12,919
Mar 201520867542.892.93$10,902
Feb 201519242444.662.98$9,837
Jan 20151481,68443.433.10$11,649
Dec 20142112,98854.693.59$22,271
Nov 20142371,54670.464.25$23,272
Oct 20142692,08878.303.90$29,208
Sep 2014362086.164.05$31,190
Aug 2014190089.394.04$16,984
Jul 201413096.564.18$1,255
Jun 2014356098.164.74$34,945
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014357095.895.06$34,233
Feb 2014210097.406.19$20,454
Jan 2014227090.404.86$20,521
Dec 2013019791.824.35$858
Nov 20133781,63988.853.74$39,712
Oct 20131911,43497.423.78$24,027
Sep 20131871,188104.113.72$23,885
Aug 201301,534104.253.52$5,404
Jul 201301,321102.523.72$4,911
Jun 201301,16894.403.93$4,594
May 20133561,81994.834.15$41,307
Apr 2013089993.964.28$3,850
Mar 20135471,37093.623.91$56,571
Feb 2013189291.233.42$17,249
Jan 201337115991.603.42$34,527
Dec 201256542086.773.42$50,462
Nov 201223156386.953.62$22,126
Oct 2012059889.383.40$2,033

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 2020 — as filed, then multipliedworked
Oil                    1 bbl  × $ 14.75 =        $15
Casinghead gas         1 Mcf  × $  1.80 =         $2

────────────────────────────────────────────────────
Month total                                      $17

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/42983 is the state's own key, not one this site invented.