KLAS, R. W.

Operated by HEP OIL COMPANY, LTD. (P-5 379520) in the SOUTHMAYD, NE. (DAVIS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 141889District 09Field 84790300CondensateGasSaveExport
Value, all time
$115 k
Jan 1993 – Dec 2003
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
132
no gaps in the span
Streams
2
condensate, 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 17 leases and 19 wells, and the rule below applies to all of them.

Discovered
1978-01-19
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
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: FLD. RULES PER DOCKET 9-78253

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
CondensateDisposition286 bbl$8,237
GasProduction100,210 Mcf$106,318
Total$114,555

62,286 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 33.6400, -96.6512. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.64003, -96.65118 · 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
8,812 ft
1 wells filed one
Completion to plug
11.5 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 8,812 ft.

Completions filed
Jun 1992
1 of 1 wells
Plug dates filed
Dec 2003
1 of 1 wells

Last completion to plug: a median of 11.5 years across the 1 well that filed both dates, with the middle half between 11.5 years and 11.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1813086018,812 ftJun 1992Dec 2003Yes

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 (132)

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

132 months

Dec 200345030.266.30$1,362
Nov 2003021328.804.60$979
Oct 2003047828.174.76$2,275
Sep 20030026.314.75$0
Aug 2003030629.765.13$1,570
Jul 2003027429.415.17$1,417
Jun 2003027228.565.98$1,627
May 2003029526.595.97$1,762
Apr 2003027026.675.41$1,460
Mar 2003031931.146.10$1,945
Feb 2003040233.487.93$3,186
Jan 2003027130.315.58$1,513
Dec 2002030626.914.85$1,485
Nov 2002021724.664.14$898
Oct 2002011326.464.23$478
Sep 2002021327.443.64$774
Aug 2002019425.963.16$614
Jul 2002013624.583.06$416
Jun 2002011023.733.34$367
May 20020924.663.58$32
Apr 200204223.653.51$148
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001014319.782.53$362
Sep 2001014524.262.25$326
Aug 2001018424.873.05$562
Jul 200106323.933.20$201
Jun 200104124.563.82$157
May 2001016325.524.31$702
Apr 2001020824.685.34$1,110
Mar 200108924.545.38$479
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 200003431.875.19$176
Aug 20000429.644.54$18
Jul 200024135928.534.09$8,344
Jun 2000044929.304.40$1,974
May 2000032027.263.68$1,178
Apr 2000039624.513.12$1,234
Mar 2000058728.422.86$1,679
Feb 200001,45927.622.73$3,978
Jan 200001,57225.272.48$3,899
Dec 199901,20624.282.42$2,923
Nov 199901,41623.192.43$3,447
Oct 199901,35720.982.80$3,805
Sep 199901,26721.752.62$3,318
Aug 1999098519.262.88$2,832
Jul 199901,06717.892.37$2,531
Jun 1999085415.942.36$2,017
May 1999092815.792.32$2,154
Apr 1999031515.102.21$696
Mar 1999092812.471.84$1,706
Feb 199909959.981.82$1,809
Jan 1999053910.381.90$1,024
Dec 199808449.201.77$1,497
Nov 1998065610.892.19$1,434
Oct 1998075912.421.97$1,495
Sep 1998080312.592.08$1,672
Aug 1998080611.301.91$1,537
Jul 1998086511.742.24$1,935
Jun 1998080111.242.24$1,792
May 1998047012.622.21$1,037
Apr 1998027913.042.51$699
Mar 1998044812.802.31$1,035
Feb 1998019613.952.30$451
Jan 1998023614.702.15$509
Dec 1997033416.322.41$805
Nov 1997040718.193.09$1,257
Oct 1997053219.253.15$1,676
Sep 1997042717.742.95$1,262
Aug 1997034517.862.55$881
Jul 1997092317.582.25$2,074
Jun 1997099617.242.26$2,248
May 1997064518.972.31$1,489
Apr 1997077217.882.08$1,608
Mar 199701,14218.951.94$2,215
Feb 1997082820.492.21$1,826
Jan 1997089723.483.54$3,175
Dec 1996090423.32$0
Nov 1996097521.97$0
Oct 1996098023.31$0
Sep 1996097622.22$0
Aug 199601,03920.26$0
Jul 1996097519.55$0
Jun 1996097418.73$0
May 1996090319.43$0
Apr 1996083121.51$0
Mar 1996081719.38$0
Feb 199601,13916.98$0
Jan 199601,60817.07$0
Dec 199501,60617.19$0
Nov 199501,62016.00$0
Oct 199501,01415.43$0
Sep 1995083016.18$0
Aug 1995084615.92$0
Jul 1995095015.24$0
Jun 1995083216.41$0
May 199501,02317.56$0
Apr 199501,03617.73$0
Mar 199501,03816.44$0
Feb 199501,01616.58$0
Jan 199501,22715.92$0
Dec 1994098215.03$0
Nov 199401,19315.90$0
Oct 199401,28215.58$0
Sep 199401,23915.29$0
Aug 199401,33216.13$0
Jul 199401,35417.56$0
Jun 199401,19017.09$0
May 199401,52315.88$0
Apr 199401,30214.14$0
Mar 199401,60312.46$0
Feb 199401,27412.50$0
Jan 199401,27012.66$0
Dec 199301,23912.33$0
Nov 199301,19514.49$0
Oct 199301,91915.85$0
Sep 199302,22515.03$0
Aug 199301,99115.66$0
Jul 199302,45515.46$0
Jun 199302,33816.79$0
May 199302,09917.68$0
Apr 199301,97618.05$0
Mar 199301,31418.14$0
Feb 199301,29917.90$0
Jan 199301,53316.93$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.

Dec 2003 — as filed, then multipliedworked
Condensate            45 bbl  × $ 30.26 =     $1,362
Gas                    0 Mcf  × $  6.30 =         $0

────────────────────────────────────────────────────
Month total                                   $1,362

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. 09/G/141889 is the state's own key, not one this site invented.