HILL-COLVIN SOUTH

Operated by WEST TEXAS ASSETS, LLC (P-5 910258) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 230809District 09Field 65280200GasSaveExport
Value, all time
$3.1 M
Jun 2007 – Apr 2018
Value, last 12 filed months
$199
at the published price for each month
Months reported
131
no gaps in the span
Streams
1
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
GasProduction556,604 Mcf$3,065,855
Total$3,065,855

Every month this lease reported (131)

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

131 months

Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 20176145.373.26$199
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016941.442.92$26
Jul 2016541.622.92$15
Jun 2016445.352.69$11
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 201639633.011.79$710
Feb 201675326.472.06$1,554
Jan 20162,08627.352.36$4,932
Dec 20152,05032.362.00$4,103
Nov 20152,38738.792.17$5,173
Oct 20151,92443.552.43$4,669
Sep 20151,94742.992.76$5,371
Aug 20152,49740.162.87$7,173
Jul 20152,37748.152.95$7,000
Jun 20152,45556.152.88$7,077
May 20153,12555.212.96$9,236
Apr 20152,99549.822.71$8,106
Mar 20152,52342.892.93$7,404
Feb 20153,20544.662.98$9,539
Jan 201579843.433.10$2,474
Dec 2014054.693.59$0
Nov 201460270.464.25$2,560
Oct 20143,53078.303.90$13,770
Sep 20143,42886.164.05$13,868
Aug 20143,09289.394.04$12,477
Jul 20143,25596.564.18$13,605
Jun 20143,19298.164.74$15,120
May 20142,64694.734.73$12,506
Apr 20146195.944.81$293
Mar 20142,37895.895.06$12,025
Feb 20143,06297.406.19$18,960
Jan 20142,91890.404.86$14,184
Dec 20133,19791.824.35$13,921
Nov 20133,27788.853.74$12,250
Oct 201330897.423.78$1,164
Sep 20130104.113.72$0
Aug 20132,654104.253.52$9,349
Jul 20132,695102.523.72$10,019
Jun 20132,78994.403.93$10,970
May 20134,09994.834.15$17,007
Apr 20132,21593.964.28$9,486
Mar 20133,27893.623.91$12,826
Feb 20132,09091.233.42$7,148
Jan 20133,49791.603.42$11,959
Dec 20123,55686.773.42$12,162
Nov 20123,42186.953.62$12,401
Oct 20123,44589.383.40$11,712
Sep 20123,92694.672.92$11,458
Aug 20123,46492.662.91$10,074
Jul 20123,78585.133.02$11,434
Jun 20123,79179.822.52$9,550
May 20123,01491.612.49$7,500
Apr 20122,236101.652.00$4,465
Mar 20123,742105.052.22$8,315
Feb 20123,538101.102.57$9,094
Jan 20123,91198.092.73$10,693
Dec 20113,59596.873.24$11,647
Nov 20113,80595.723.31$12,599
Oct 20114,30184.983.65$15,692
Sep 20114,45883.623.99$17,769
Aug 20114,67283.404.15$19,386
Jul 20115,28694.144.52$23,878
Jun 20114,52892.904.64$21,009
May 20115,32298.134.40$23,442
Apr 20114,843105.964.33$20,986
Mar 20115,38096.364.06$21,828
Feb 20115,08085.644.18$21,234
Jan 20115,63986.504.59$25,876
Dec 20105,41285.734.35$23,530
Nov 20105,12580.843.80$19,451
Oct 20105,26378.103.51$18,467
Sep 20107,13872.633.98$28,405
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 20105,70870.364.91$28,029
May 20105,92971.124.24$25,111
Apr 20105,28281.694.12$21,776
Mar 20106,06678.394.39$26,622
Feb 20105,94973.585.44$32,377
Jan 20106,93274.365.96$41,343
Dec 20097,12871.445.48$39,088
Nov 20097,89174.593.75$29,603
Oct 20098,59172.544.11$35,311
Sep 20097,96165.543.06$24,398
Aug 20098,80167.423.22$28,326
Jul 20099,10861.133.46$31,555
Jun 20096,34766.163.90$24,722
May 20097,72554.743.93$30,326
Apr 20097,04746.773.59$25,281
Mar 20093,53042.144.06$14,328
Feb 20098,10932.814.63$37,569
Jan 20098,88235.865.37$47,705
Dec 20088,53337.105.98$51,003
Nov 20088,40055.496.86$57,627
Oct 20089,89775.246.92$68,507
Sep 20089,845101.767.88$77,550
Aug 200811,467114.228.48$97,275
Jul 20089,224131.0811.39$105,056
Jun 200810,173131.3313.03$132,581
May 20086,216123.1711.57$71,946
Apr 200810,625110.3110.45$111,083
Mar 200810,492101.909.66$101,395
Feb 200811,85092.538.77$103,931
Jan 200810,44490.388.21$85,701
Dec 200712,33788.337.30$90,084
Nov 200710,51691.677.29$76,680
Oct 200710,16882.856.92$70,383
Sep 200714,93375.846.24$93,244
Aug 200719,24769.066.39$122,949
Jul 200720,16670.906.39$128,819
Jun 200713,54962.007.55$102,274

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 2017 — as filed, then multipliedworked
Gas                   61 Mcf  × $  3.26 =       $199

────────────────────────────────────────────────────
Month total                                     $199

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/230809 is the state's own key, not one this site invented.