HODGES UNIT

Operated by OWL OPS LLC (P-5 100332) in the GARDEN CITY, S. (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45437District 08Field 33998500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.9 M
Feb 2014 – May 2026
Value, last 12 filed months
$81 k
at the published price for each month
Months reported
148
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 512 leases and 922 wells, and the rule below applies to all of them.

Discovered
1964-03-12
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 2014-05-22.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: COMMINGLING FEE. GRANTED PER DOCKET #08-0287087.

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
OilDisposition41,513 bbl$2,679,609
Casinghead gasProduction74,764 Mcf$255,669
Total$2,935,278

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 31.6517, -101.0321. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.65167, -101.03214 · 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
8,076 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 8,076 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-43133443801H8,076 ftFeb 2014

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 (148)

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

148 months

May 202600106.413.05$0
Apr 2026187098.932.87$18,500
Mar 2026177089.753.15$15,886
Feb 2026362063.503.75$22,987
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 2025182063.933.01$11,635
Jul 2025178066.743.32$11,880
Jun 20250066.483.13$0
May 2025179060.553.23$10,838
Apr 2025175062.363.54$10,913
Mar 2025187067.704.27$12,660
Feb 20250070.884.34$0
Jan 2025185074.324.28$13,749
Dec 20240068.993.12$0
Nov 2024180069.052.20$12,429
Oct 2024179071.372.28$12,775
Sep 20240069.612.36$0
Aug 2024186075.632.06$14,067
Jul 2024182079.932.15$14,547
Jun 2024178078.082.63$13,898
May 2024182078.812.20$14,343
Apr 2024183084.451.66$15,454
Mar 2024186080.301.55$14,936
Feb 2024368076.091.78$28,001
Jan 2024175073.023.30$12,779
Dec 2023357071.262.61$25,440
Nov 20230077.892.81$0
Oct 2023369085.443.09$31,527
Sep 2023185089.042.74$16,472
Aug 2023139080.522.67$11,192
Jul 2023353074.852.64$26,422
Jun 2023372068.962.26$25,653
May 2023367070.622.23$25,918
Apr 2023363078.122.24$28,358
Mar 2023362072.852.39$26,372
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 2022135087.185.86$11,769
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 2021179070.783.98$12,670
Jun 202117936869.493.38$13,683
May 202135766263.483.02$24,660
Apr 20210060.362.76$0
Mar 2021356061.302.72$21,823
Feb 202101857.805.55$100
Jan 202101250.412.81$34
Dec 2020353544.642.68$15,771
Nov 20203591338.772.71$13,954
Oct 20203352236.972.48$12,439
Sep 20203531237.091.99$13,117
Aug 202030939.982.39$1,221
Jul 20200038.371.83$0
Jun 2020013334.901.69$225
May 202037128916.921.81$6,802
Apr 20207441014.751.80$10,992
Mar 202001030.341.86$19
Feb 20200049.881.98$0
Jan 202007557.252.09$157
Dec 20195669959.012.30$33,628
Nov 2019138055.302.75$7,631
Oct 20190553.472.42$12
Sep 20191801555.052.66$9,949
Aug 2019230053.112.30$12,215
Jul 20191783356.272.46$10,097
Jun 20193605952.782.49$19,148
May 201918111458.482.74$10,897
Apr 201902062.632.75$55
Mar 20193609856.803.06$20,748
Feb 201901650.852.79$45
Jan 20190046.033.23$0
Dec 201817114446.594.19$8,570
Nov 2018076652.934.24$3,246
Oct 20183621,24061.443.40$26,455
Sep 20183591,53959.543.11$26,158
Aug 201835353259.403.07$22,600
Jul 20183308965.142.93$21,757
Jun 201816911860.183.08$10,534
May 201817325565.382.90$12,050
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20183593961.782.77$22,287
Jan 2018047262.874.01$1,892
Dec 201733455157.272.92$20,738
Nov 201734479955.423.12$21,556
Oct 2017077949.292.98$2,324
Sep 201734985247.523.09$19,215
Aug 201734783945.373.00$18,264
Jul 201734799043.873.09$18,279
Jun 20173441,21042.493.09$18,352
May 2017063045.373.26$2,056
Apr 201735498247.933.21$20,121
Mar 201717178746.772.98$10,346
Feb 201734955750.452.95$19,252
Jan 201734866549.413.42$19,468
Dec 20163331,11348.763.72$20,381
Nov 201633487542.492.64$16,505
Oct 2016983946.193.09$3,008
Sep 201650981641.553.10$23,679
Aug 20163261,12041.442.92$16,785
Jul 20163301,18941.622.92$17,212
Jun 20163381,25045.352.69$18,686
May 201634680042.521.99$16,305
Apr 2016083636.561.99$1,665
Mar 20165241,05033.011.79$19,181
Feb 201636690726.472.06$11,560
Jan 20163541,24327.352.36$12,621
Dec 20155331,26132.362.00$19,772
Nov 20153371,28438.792.17$15,855
Oct 20155501,04143.552.43$26,479
Sep 20151871,34642.992.76$11,752
Aug 20155371,56540.162.87$26,061
Jul 201571895248.152.95$37,375
Jun 20153751,40856.152.88$25,115
May 20155561,40355.212.96$34,843
Apr 20155541,75249.822.71$32,342
Mar 20155461,93842.892.93$29,105
Feb 20157231,49544.662.98$36,739
Jan 20159152,12343.433.10$46,321
Dec 2014546054.693.59$29,861
Nov 20149372,96970.464.25$78,645
Oct 20141,4546,27278.303.90$138,315
Sep 201417670586.164.05$18,016
Aug 20141,9443,31789.394.04$187,159
Jul 20141,5663,58396.564.18$166,188
Jun 20142,1405,11498.164.74$234,287
May 20143,5966,26694.734.73$370,266
Apr 2014669095.944.81$64,184
Mar 20140095.895.06$0
Feb 20140097.406.19$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.

Apr 2026 — as filed, then multipliedworked
Oil                  187 bbl  × $ 98.93 =    $18,500
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $18,500

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/45437 is the state's own key, not one this site invented.