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LOWE 26

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 47698District 08Field 41911500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.9 M
May 2016 – May 2026
Value, last 12 filed months
$802 k
at the published price for each month
Months reported
121
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
OilDisposition526,992 bbl$28,078,390
Casinghead gasProduction968,938 Mcf$2,793,912
Total$30,872,302

Wells on this lease (2)

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 31.3082, -103.4562. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.30823, -103.45623 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
10,603 ft
2 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.
2100.0%

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

Between 10,506 and 10,700 ft, median 10,603 ft, over the 2 wells that filed a depth.

Completions filed
May 2016 – Jan 2017
2 of 2 wells

2 wells

42-389353072H10,700 ftJan 2017——
42-389349751H10,506 ftMay 2016——

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 (121)

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

121 months

May 20261,2861,615106.413.05$141,762
Apr 20261,0813,38498.932.87$116,654
Mar 20261,8104,19889.753.15$175,669
Feb 20261,1202,66163.503.75$81,100
Jan 2026059159.138.00$4,727
Dec 202537773756.664.41$24,613
Nov 202518971458.593.93$13,877
Oct 20255541,28659.383.30$37,147
Sep 20255431,16162.743.08$37,640
Aug 20251,4602,33963.933.01$100,389
Jul 20251791,71866.743.32$17,642
Jun 20257131,01566.483.13$50,576
May 20251,2581,80660.553.23$82,009
Apr 202573095062.363.54$48,889
Mar 202536275767.704.27$27,739
Feb 20251,2852,26570.884.34$100,913
Jan 20259301,98974.324.28$77,628
Dec 20243,5393,72368.993.12$255,776
Nov 20249352,01669.052.20$68,994
Oct 202473765571.372.28$54,094
Sep 20241,4792,81569.612.36$109,609
Aug 20241,6472,89775.632.06$130,541
Jul 20247271,21579.932.15$60,717
Jun 20241,2812,53678.082.63$106,700
May 20242,1963,32878.812.20$180,383
Apr 20242,7505,02384.451.66$240,572
Mar 20247433,22780.301.55$64,649
Feb 20242,0482,72676.091.78$160,695
Jan 20243713,02773.023.30$37,072
Dec 20237451,75271.262.61$57,663
Nov 20232,1352,78777.892.81$174,120
Oct 20232,8994,06485.443.09$260,237
Sep 20232,7286,01089.042.74$259,339
Aug 20232,2003,14180.522.67$185,540
Jul 20233,6056,31774.852.64$286,523
Jun 20233,4735,61968.962.26$252,188
May 20231,1211,28470.622.23$82,025
Apr 20233,1143,81378.122.24$251,798
Mar 20233,8614,24972.852.39$291,442
Feb 20231,0891,30975.112.47$85,022
Jan 2023014376.533.39$484
Dec 202256514076.415.73$43,974
Nov 20222,2183,60285.005.65$208,868
Oct 20222,1692,59387.185.86$204,298
Sep 202274139484.888.16$66,113
Aug 20223,4203,95194.529.13$359,320
Jul 202201,085101.587.54$8,183
Jun 20221,1083,211115.097.98$153,135
May 202201,816109.378.43$15,314
Apr 2022073104.226.84$499
Mar 202205108.885.08$25
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 202101777.435.24$89
Oct 20210779.795.71$40
Sep 202101469.865.35$75
Aug 20210066.024.22$0
Jul 202101970.783.98$76
Jun 2021186069.493.38$12,925
May 202102663.483.02$78
Apr 202102260.362.76$61
Mar 2021016761.302.72$454
Feb 202133358457.805.55$22,487
Jan 20212,3624,79450.412.81$132,541
Dec 20202,2983,50144.642.68$111,950
Nov 20203,0903,17138.772.71$128,382
Oct 20203,5869,43736.972.48$155,963
Sep 20203,5738,23037.091.99$148,909
Aug 20204,32513,05739.982.39$204,056
Jul 20205,57215,36438.371.83$241,839
Jun 20203,5729,21334.901.69$140,236
May 20203,69612,38816.921.81$85,017
Apr 20204,08111,62414.751.80$81,169
Mar 20204,01110,48830.341.86$141,162
Feb 20203,7598,72649.881.98$204,782
Jan 20206,09813,97757.252.09$378,389
Dec 20195,98315,67759.012.30$389,182
Nov 20196,09418,81755.302.75$388,758
Oct 20196,74017,39253.472.42$402,451
Sep 20197,23220,83155.052.66$453,475
Aug 20199,68827,36053.112.30$577,577
Jul 20198,75718,86456.272.46$539,163
Jun 20193,4447,76752.782.49$201,123
May 20194,3898,67558.482.74$280,441
Apr 20192,8635,84262.632.75$195,379
Mar 20193,2515,56256.803.06$201,688
Feb 20193,3155,76850.852.79$184,673
Jan 20193,4064,88246.033.23$172,538
Dec 20182,0713,95646.594.19$113,045
Nov 20181,9713,72852.934.24$120,121
Oct 201801,14361.443.40$3,884
Sep 20184,9468,45859.543.11$320,772
Aug 20187,47618,77459.403.07$501,646
Jul 20187,71115,74165.142.93$548,445
Jun 20187,67616,58260.183.08$512,963
May 20188,33020,54465.382.90$604,209
Apr 20186,74811,80463.842.90$465,033
Mar 20189,69921,72461.222.79$654,314
Feb 20188,77315,56361.782.77$585,045
Jan 201810,49220,09262.874.01$740,187
Dec 201711,69617,86857.272.92$722,032
Nov 20175,95610,62755.423.12$363,220
Oct 201713,16722,58949.292.98$716,400
Sep 20179,68015,97147.523.09$509,301
Aug 20172,7706,38745.373.00$144,864
Jul 201714,79525,45143.873.09$727,631
Jun 201712,46820,24742.493.09$592,273
May 201716,14823,33045.373.26$808,770
Apr 201720,32729,71047.933.21$1,069,690
Mar 201726,06138,06346.772.98$1,332,441
Feb 201730,15439,26550.452.95$1,637,203
Jan 201720,51325,36249.413.42$1,100,255
Dec 20162,7862,25348.763.72$144,233
Nov 20166,10510,52242.492.64$287,225
Oct 20167,14012,46146.193.09$368,304
Sep 20168,81615,01241.553.10$412,851
Aug 201611,09719,71741.442.92$517,519
Jul 201616,73828,01841.622.92$778,570
Jun 201623,94837,42745.352.69$1,186,564
May 20165,5098,55442.521.99$251,274

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                1,286 bbl  × $106.41 =   $136,843
Casinghead gas     1,615 Mcf  × $  3.05 =     $4,919

────────────────────────────────────────────────────
Month total                                 $141,762

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/47698 is the state's own key, not one this site invented.