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LOWE 24

Operated by NOBLE ENERGY INC (P-5 611665) in the HOEFS T-K (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 45478District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$10.9 M
Jul 2014 – Jan 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
139
no gaps in the span
Streams
2
oil, casinghead gas

The HOEFS T-K (WOLFCAMP) 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 612 leases and 960 wells, and the rule below applies to all of them.

Discovered
1988-02-06
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2019-12-17.

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: “COMPLETION DATE DUE TO RECLASS USING HEPTANES PLUS ANNALYSIS.”

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
OilDisposition169,429 bbl$9,763,274
Casinghead gasProduction370,308 Mcf$1,156,658
Total$10,919,932

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 31.2746, -103.5985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27462, -103.59848 · 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
10,645 ft
1 wells filed one
Completion to plug
10.3 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 10,645 ft.

Completions filed
Jul 2014
1 of 1 wells
Plug dates filed
Oct 2024
1 of 1 wells

Last completion to plug: a median of 10.3 years across the 1 well that filed both dates, with the middle half between 10.3 years and 10.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-389342031H10,645 ftJul 2014Oct 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 (139)

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

139 months

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 2023478080.522.67$38,489
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023072170.622.23$1,606
Apr 20230078.122.24$0
Mar 2023078172.852.39$1,869
Feb 20230075.112.47$0
Jan 202329452476.533.39$24,275
Dec 202206676.415.73$378
Nov 20221,119085.005.65$95,115
Oct 202256349587.185.86$51,985
Sep 20221,2613,02284.888.16$131,704
Aug 202201894.529.13$164
Jul 202200101.587.54$0
Jun 2022028115.097.98$223
May 2022683221109.378.43$76,563
Apr 20220323104.226.84$2,209
Mar 2022011108.885.08$56
Feb 20220091.054.86$0
Jan 202201181.844.54$50
Dec 202109571.323.90$370
Nov 20210277.435.24$10
Oct 2021431679.795.71$2,125
Sep 20210069.865.35$0
Aug 20210966.024.22$38
Jul 20210070.783.98$0
Jun 202102369.493.38$78
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202103461.302.72$92
Feb 2021013757.805.55$760
Jan 20210750.412.81$20
Dec 2020037944.642.68$1,014
Nov 20200238.772.71$5
Oct 202005936.972.48$146
Sep 20200037.091.99$0
Aug 202003039.982.39$72
Jul 20200038.371.83$0
Jun 202002334.901.69$39
May 202058657416.921.81$10,957
Apr 20201,2041,70914.751.80$20,843
Mar 202030190030.341.86$10,803
Feb 2020275249.881.98$13,721
Jan 20208901,41057.252.09$53,906
Dec 20198081,17159.012.30$50,378
Nov 20191,0341,30255.302.75$60,762
Oct 20198681,61853.472.42$50,325
Sep 20191,4882,09755.052.66$87,487
Aug 20191541,13353.112.30$10,790
Jul 20192296656.272.46$13,048
Jun 20191,1081,01452.782.49$61,006
May 20191,0261,52858.482.74$64,188
Apr 20191,5232,49762.632.75$102,254
Mar 20195391,19956.803.06$34,287
Feb 20190350.852.79$8
Jan 20191961846.033.23$9,080
Dec 20181,1331,43446.594.19$58,788
Nov 20181,2031,38952.934.24$69,560
Oct 20181,3122,22361.443.40$88,163
Sep 201806959.543.11$214
Aug 20189291,32459.403.07$59,243
Jul 20189351,77865.142.93$66,119
Jun 20181,6152,33860.183.08$104,385
May 20181,5573,26565.382.90$111,268
Apr 2018012663.842.90$366
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20181,0261,60062.874.01$70,920
Dec 20171,8082,17957.272.92$109,910
Nov 20176491,10855.423.12$39,423
Oct 20171,6842,27249.292.98$89,783
Sep 20172,0462,93447.523.09$106,284
Aug 20172,4804,57645.373.00$126,266
Jul 20170243.873.09$6
Jun 2017276042.493.09$11,727
May 20170045.373.26$0
Apr 20177361,27947.933.21$39,384
Mar 20171,6154,53246.772.98$89,056
Feb 20171,7784,17550.452.95$102,027
Jan 20179572,61449.413.42$56,222
Dec 20161,7883,98048.763.72$102,000
Nov 20161,8615,32242.492.64$93,147
Oct 20162,3236,39346.193.09$127,055
Sep 20161,3512,84541.553.10$64,955
Aug 20162,0147,18141.442.92$104,460
Jul 20162,1246,88741.622.92$108,541
Jun 20162,2057,08545.352.69$119,026
May 20162,0406,20942.521.99$99,103
Apr 20162,2517,82136.561.99$97,868
Mar 20162,5128,54133.011.79$98,244
Feb 20162,6698,84726.472.06$88,905
Jan 20162,9137,32127.352.36$96,980
Dec 20152,6597,24532.362.00$100,545
Nov 20153,1568,19638.792.17$140,185
Oct 20153,1199,09343.552.43$157,897
Sep 20153,5699,61342.992.76$179,948
Aug 20153,75411,27940.162.87$183,159
Jul 20154,11911,90348.152.95$233,385
Jun 20155,08511,78556.152.88$319,497
May 20152,8335,62855.212.96$173,043
Apr 20151,7154,26949.822.71$96,996
Mar 20155,64816,33942.892.93$290,193
Feb 20156,49817,24944.662.98$341,537
Jan 20157,54516,62543.433.10$379,227
Dec 20146,18511,56054.693.59$379,774
Nov 20145,54211,89570.464.25$441,065
Oct 201411,98123,45578.303.90$1,029,609
Sep 201416,27727,67786.164.05$1,514,392
Aug 201413,32321,18889.394.04$1,276,439
Jul 201408296.564.18$343

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.

Aug 2023 — as filed, then multipliedworked
Oil                  478 bbl  × $ 80.52 =    $38,489
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                  $38,489

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/45478 is the state's own key, not one this site invented.