BASHARA, M.J.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the KEYSTONE (DEV-MCKEE CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 52034District 08Field 49129210Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.3 M
Mar 2019 – May 2026
Value, last 12 filed months
$157 k
at the published price for each month
Months reported
87
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 44 leases and 104 wells, and the rule below applies to all of them.

Discovered
1949-12-01
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 10 acres. The field rule took effect on 2025-03-26.

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: DKT 24-00018456; UFT FIELD, UFT ALLOWABLE FOR HZ WELLS. 1965

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
OilDisposition27,795 bbl$1,932,021
Casinghead gasProduction91,908 Mcf$338,061
Total$2,270,082

Wells on this lease (8)

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 31.9564, -103.0600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.2 miles.

31.95671, -103.06121 · 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
25.0%
2 of 8 wells
With a plug date
25.0%
2 of 8 wells
Median depth
9,923 ft
6 wells filed one
Completion to plug
46.5 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
225.0%
A plug date is filed
225.0%
BothOn the schedule and plugged. Neither fact cancels the other.
225.0%
NeitherNo plug date, and not on the schedule.
675.0%

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, 6 of 8 wells. Median 9,923 ft, with the middle half between 9,230 and 9,936 ft; the shallowest is 8,125 ft and the deepest 10,000 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, 5 of 8 wells, Nov 1970 – Feb 2011. 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 1970 – Feb 2011
5 of 8 wells; 3 filed none
Plug dates filed
Nov 2020 – Dec 2023
2 of 8 wells; 6 filed none

Last completion to plug: a median of 46.5 years across the 2 wells that filed both dates, with the middle half between 43.3 years and 49.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

8 wells

42-4950370933
42-4950371034D8,125 ft
42-4950381821
42-4950371926E10,000 ftFeb 2011
42-4950383989,940 ftFeb 1986
42-49531942719,000 ftNov 1985
42-4950371825S9,925 ftDec 1980Nov 2020Yes
42-49503715229,920 ftNov 1970Dec 2023Yes

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 (87)

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

87 months

May 202600106.413.05$0
Apr 202685498.932.87$8,421
Mar 20261909989.753.15$17,364
Feb 20265320563.503.75$4,134
Jan 202640413359.138.00$24,952
Dec 20256418256.664.41$4,429
Nov 202538818358.593.93$23,451
Oct 202542334059.383.30$26,241
Sep 202531448162.743.08$21,180
Aug 20259755763.933.01$7,880
Jul 202511576066.743.32$10,195
Jun 202511637766.483.13$8,891
May 20252614360.553.23$2,037
Apr 202501862.363.54$64
Mar 20250067.704.27$0
Feb 20258070.884.34$567
Jan 20256844174.324.28$6,941
Dec 202431472868.993.12$23,935
Nov 20241955769.052.20$2,536
Oct 20243766071.372.28$4,146
Sep 202420797669.612.36$16,717
Aug 202420597275.632.06$17,510
Jul 20244441,10779.932.15$37,865
Jun 20244711,32278.082.63$40,258
May 202483376578.812.20$67,331
Apr 202437084.451.66$3,125
Mar 202432452380.301.55$26,825
Feb 202414050276.091.78$11,548
Jan 202423970773.023.30$19,783
Dec 20235681,41471.262.61$44,167
Nov 20231421,35077.892.81$14,851
Oct 202322185085.443.09$21,506
Sep 20233661,62689.042.74$37,036
Aug 20235741,82680.522.67$51,099
Jul 20234441,85074.852.64$38,121
Jun 20234901,85168.962.26$37,971
May 20235682,03370.622.23$44,640
Apr 20235681,90778.122.24$48,640
Mar 20235541,96572.852.39$45,061
Feb 20234581,66875.112.47$38,513
Jan 20236271,84376.533.39$54,228
Dec 20222901,69476.415.73$31,864
Nov 20224521,86585.005.65$48,950
Oct 20225531,90587.185.86$59,381
Sep 20226431,93584.888.16$70,375
Aug 20229292,29794.529.13$108,774
Jul 20228702,752101.587.54$109,130
Jun 20229083,176115.097.98$129,837
May 20222492,393109.378.43$47,413
Apr 202271195104.226.84$8,733
Mar 2022186592108.885.08$23,257
Feb 202214969591.054.86$16,943
Jan 202223894381.844.54$23,757
Dec 202115674871.323.90$14,042
Nov 202119864877.435.24$18,725
Oct 202117363679.795.71$17,438
Sep 20212361,50269.865.35$24,524
Aug 202118660066.024.22$14,812
Jul 202119754970.783.98$16,130
Jun 202122961269.493.38$17,982
May 202122076563.483.02$16,274
Apr 202124074560.362.76$16,541
Mar 202125178361.302.72$17,514
Feb 202133962257.805.55$23,045
Jan 202122067450.412.81$12,984
Dec 202019254344.642.68$10,024
Nov 202021859238.772.71$10,054
Oct 202021254136.972.48$9,178
Sep 202023958237.091.99$10,023
Aug 20203341,21439.982.39$16,249
Jul 20203931,56538.371.83$17,936
Jun 20204681,69534.901.69$19,198
May 20203271,47416.921.81$8,208
Apr 20203841,96414.751.80$9,208
Mar 20202331,70830.341.86$10,240
Feb 20204331,64549.881.98$24,856
Jan 20203771,58257.252.09$24,897
Dec 20196732,06059.012.30$44,461
Nov 201911624155.302.75$7,078
Oct 20193671,24253.472.42$22,627
Sep 20193501,50155.052.66$23,256
Aug 20196191,49953.112.30$36,329
Jul 20191791,58756.272.46$13,976
Jun 20196871,32852.782.49$39,568
May 20195261,86258.482.74$35,863
Apr 20195651,59962.632.75$39,784
Mar 20195191,63356.803.06$34,480

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                   85 bbl  × $ 98.93 =     $8,409
Casinghead gas         4 Mcf  × $  2.87 =        $11

────────────────────────────────────────────────────
Month total                                   $8,421

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/52034 is the state's own key, not one this site invented.