HAPPY HIPPO

Operated by SEABOARD OPERATING CO. (P-5 760960) in the QUITO (DELAWARE-CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 46209District 08Field 73926520OilCasinghead gasSaveExport
Value, all time
$21.0 M
May 2015 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
133
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 10 leases and 45 wells, and the rule below applies to all of them.

Discovered
2015-04-08
as the register files it
Field class
Oil
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 20 acres. The field rule took effect on 2015-04-08.

The Commission's schedule remark for this field reads: LEASE PLAT / OR PRORATION PLATS MAY BE 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
OilDisposition290,836 bbl$19,137,763
Casinghead gasProduction507,769 Mcf$1,845,413
Total$20,983,176

Wells on this lease (15)

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 31.5487, -103.3309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.54955, -103.33006 · 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 15 wells
With a plug date
0.0%
0 of 15 wells
Median depth
5,197 ft
15 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.
15100.0%

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

Total depth in feet, 15 of 15 wells. Median 5,197 ft, with the middle half between 5,167 and 5,219 ft; the shallowest is 5,146 ft and the deepest 5,270 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 15 of 15 wells, Nov 2014 – Feb 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 2014 – Feb 2023
15 of 15 wells

15 wells

42-47538502155,222 ftFeb 2023
42-47538414145,229 ftAug 2022
42-47538299135,229 ftFeb 2022
42-47538206125,216 ftAug 2021
42-47538174115,211 ftMar 2021
42-47538145105,146 ftSep 2020
42-4753809795,197 ftMar 2020
42-4753761665,155 ftFeb 2020
42-4753798785,193 ftDec 2019
42-4753774375,148 ftJun 2019
42-4753743055,178 ftMay 2018
42-4753729345,146 ftDec 2017
42-4753719035,270 ftMay 2017
42-4753709925,213 ftNov 2016
42-4753674915,179 ftNov 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 (133)

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

133 months

May 20261,4495,657106.413.05$171,418
Apr 20262,3184,62998.932.87$242,604
Mar 20262,1445,90389.753.15$211,015
Feb 20262,3565,61663.503.75$170,668
Jan 20262,0085,93259.138.00$166,177
Dec 20252,2306,02656.664.41$152,947
Nov 20251,8085,91458.593.93$129,152
Oct 20252,5515,17159.383.30$168,568
Sep 20252,1276,24962.743.08$152,676
Aug 20251,4246,44963.933.01$110,479
Jul 20252,4905,10166.743.32$183,093
Jun 20251,7616,19366.483.13$136,447
May 20252,5276,52960.553.23$174,114
Apr 20252,1376,42862.363.54$156,039
Mar 20252,5406,74367.704.27$200,739
Feb 20252,2166,30970.884.34$184,456
Jan 20252,8676,65074.324.28$241,529
Dec 20242,1746,22768.993.12$169,421
Nov 20242,5046,61169.052.20$187,435
Oct 20243,1246,80571.372.28$238,485
Sep 20242,1697,18869.612.36$167,979
Aug 20242,4467,06375.632.06$199,566
Jul 20242,1717,12379.932.15$188,818
Jun 20242,8396,48678.082.63$238,753
May 20242,9146,88678.812.20$244,791
Apr 20242,2136,66384.451.66$197,943
Mar 20242,5145,96780.301.55$211,094
Feb 20242,2194,77876.091.78$177,366
Jan 20242,9906,14473.023.30$238,591
Dec 20232,6226,26071.262.61$203,187
Nov 20232,6366,46177.892.81$223,458
Oct 20233,0546,90985.443.09$282,264
Sep 20232,8896,19589.042.74$274,180
Aug 20233,4236,85880.522.67$293,951
Jul 20232,9356,59374.852.64$237,102
Jun 20231,8006,16468.962.26$138,049
May 20233,2306,26270.622.23$242,051
Apr 20232,5926,30678.122.24$216,598
Mar 20232,9906,64272.852.39$233,717
Feb 20232,6415,30275.112.47$211,439
Jan 20233,2766,52676.533.39$272,821
Dec 20223,3237,17276.415.73$294,999
Nov 20223,8186,27185.005.65$359,937
Oct 20222,1767,00187.185.86$230,756
Sep 20223,4076,71284.888.16$343,981
Aug 20222,7206,66694.529.13$317,936
Jul 20222,8837,678101.587.54$350,763
Jun 20223,2525,645115.097.98$419,304
May 20223,6973,097109.378.43$430,458
Apr 20223,2185,872104.226.84$375,530
Mar 20223,6297,274108.885.08$432,051
Feb 20223,0235,38291.054.86$301,394
Jan 20223,1196,39281.844.54$284,264
Dec 20214,1117,04471.323.90$320,662
Nov 20213,0895,65777.435.24$268,806
Oct 20212,1904,70979.795.71$201,647
Sep 20212,8475,22469.865.35$226,845
Aug 20213,1575,59866.024.22$232,052
Jul 20213,0556,61470.783.98$242,570
Jun 20213,9246,48769.493.38$294,609
May 20213,9836,55263.483.02$272,613
Apr 20214,4356,01260.362.76$284,280
Mar 20213,2586,98761.302.72$218,699
Feb 20213,2295,83257.805.55$218,992
Jan 20213,7138,56750.412.81$211,248
Dec 20204,7549,28844.642.68$237,068
Nov 20203,5767,90738.772.71$160,042
Oct 20203,5467,64036.972.48$150,031
Sep 20204,2181,00437.091.99$158,445
Aug 20203,63393339.982.39$147,473
Jul 20202,8811,02738.371.83$112,418
Jun 20202,51393934.901.69$89,291
May 20202,69596516.921.81$47,351
Apr 20202,88573414.751.80$43,878
Mar 20203,28056130.341.86$100,557
Feb 20202,72957649.881.98$137,263
Jan 20202,96251557.252.09$170,653
Dec 20192,76487259.012.30$165,113
Nov 20192,1611,12555.302.75$122,598
Oct 20192,7221,69053.472.42$149,633
Sep 20192,6951,80855.052.66$153,164
Aug 20193,0191,59453.112.30$164,012
Jul 20193,2462,07056.272.46$187,745
Jun 20192,8591,15552.782.49$153,775
May 20192,5101,05558.482.74$149,676
Apr 20192,19793962.632.75$140,181
Mar 20192,1941,99856.803.06$130,737
Feb 20191,6482,74150.852.79$91,454
Jan 20191,9953,03446.033.23$101,624
Dec 20181,4602,20246.594.19$77,238
Nov 20181,6331,85652.934.24$94,299
Oct 20181,5482,97461.443.40$105,215
Sep 20182,0981,67059.543.11$130,105
Aug 20181,8643,70259.403.07$122,074
Jul 20182,2693,34265.142.93$157,601
Jun 20181,8863,67260.183.08$124,798
May 20181,7002,54165.382.90$118,517
Apr 20182,0292,04763.842.90$135,469
Mar 20181,4882,51361.222.79$98,099
Feb 20181,4502,37361.782.77$96,145
Jan 20182,1811,57162.874.01$143,418
Dec 20171,4251,66857.272.92$86,483
Nov 20171,2711,28955.423.12$74,458
Oct 20171,4171,57049.292.98$74,528
Sep 20171,2671,02747.523.09$63,378
Aug 20171,0601,09745.373.00$51,388
Jul 20171,06785043.873.09$49,433
Jun 201789254242.493.09$39,574
May 20171,7641,09645.373.26$83,609
Apr 20173551,17847.933.21$20,798
Mar 20171,06586546.772.98$52,391
Feb 201792574750.452.95$48,872
Jan 20178991,01249.413.42$47,879
Dec 201619258748.763.72$11,547
Nov 2016056242.492.64$1,486
Oct 201618552346.193.09$10,161
Sep 201636457941.553.10$16,919
Aug 201635932441.442.92$15,824
Jul 201617826841.622.92$8,192
Jun 201618029745.352.69$8,961
May 201636911842.521.99$15,925
Apr 2016185036.561.99$6,764
Mar 2016362033.011.79$11,950
Feb 201618415526.472.06$5,190
Jan 201636733927.352.36$10,839
Dec 201537246532.362.00$12,969
Nov 201536226738.792.17$14,621
Oct 201518712643.552.43$8,450
Sep 201535516542.992.76$15,717
Aug 201536026840.162.87$15,227
Jul 201518121548.152.95$9,348
Jun 201535224156.152.88$20,460
May 201547333355.212.96$27,098

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.

May 2026 — as filed, then multipliedworked
Oil                1,449 bbl  × $106.41 =   $154,188
Casinghead gas     5,657 Mcf  × $  3.05 =    $17,230

────────────────────────────────────────────────────
Month total                                 $171,418

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/46209 is the state's own key, not one this site invented.