THREADGILL

Operated by HEP OIL GP, LLC (P-5 379552) in the MONTAGUE COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15430District 09Field 62528001OilCasinghead gasSaveExport
Value, all time
$112 k
Jan 1993 – Jun 2010
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
210
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 449 leases and 3,040 wells, and the rule below applies to all of them.

Discovered
1939-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule 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
OilDisposition5,844 bbl$111,821
Casinghead gasProduction105 Mcf$180
Total$112,002

48 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 33.6917, -97.9560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.69167, -97.95600 · 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
7,109 ft
1 wells filed one
Completion to plug
40.0 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 7,109 ft.

Completions filed
Oct 1967
1 of 1 wells
Plug dates filed
Oct 2007
1 of 1 wells

Last completion to plug: a median of 40.0 years across the 1 well that filed both dates, with the middle half between 40.0 years and 40.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3370016037,109 ftOct 1967Oct 2007Yes

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 (210)

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

210 months

Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 201099081.694.12$8,087
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 20010018.072.41$0
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 20010124.873.05$3
Jul 20010123.933.20$3
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 20010124.685.34$5
Mar 20010124.545.38$5
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 20000126.889.12$9
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 20000131.875.19$5
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 2000133129.304.40$3,901
May 20000127.263.68$4
Apr 2000148124.513.12$3,631
Mar 20000128.422.86$3
Feb 2000145127.622.73$4,008
Jan 20000125.272.48$2
Dec 1999191124.282.42$4,640
Nov 19990123.192.43$2
Oct 19990120.982.80$3
Sep 19990121.752.62$3
Aug 19990119.262.88$3
Jul 19990117.892.37$2
Jun 19990115.942.36$2
May 19990115.792.32$2
Apr 19990115.102.21$2
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 19990110.381.90$2
Dec 1998019.201.77$2
Nov 19980110.892.19$2
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980111.742.24$2
Jun 19980111.242.24$2
May 19980112.622.21$2
Apr 19980113.042.51$3
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 199874114.702.15$1,090
Dec 19970116.322.41$2
Nov 1997121118.193.09$2,204
Oct 1997141119.253.15$2,717
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 1997131117.582.25$2,305
Jun 19970117.242.26$2
May 1997153118.972.31$2,905
Apr 19970117.882.08$2
Mar 1997152118.951.94$2,882
Feb 19970120.492.21$2
Jan 1997109123.483.54$2,563
Dec 19960123.32$0
Nov 199685121.97$1,867
Oct 199650123.31$1,166
Sep 199683122.22$1,844
Aug 199685120.26$1,722
Jul 199683119.55$1,623
Jun 199663118.73$1,180
May 199677119.43$1,496
Apr 199622121.51$473
Mar 199690119.38$1,744
Feb 199660116.98$1,019
Jan 199661117.07$1,041
Dec 199565117.19$1,117
Nov 1995102116.00$1,632
Oct 199585115.43$1,312
Sep 199566116.18$1,068
Aug 199593115.92$1,481
Jul 1995115115.24$1,753
Jun 19950116.41$0
May 1995134117.56$2,353
Apr 199564117.73$1,135
Mar 199577116.44$1,266
Feb 199599116.58$1,641
Jan 199592115.92$1,465
Dec 1994124115.03$1,864
Nov 1994105115.90$1,670
Oct 199476115.58$1,184
Sep 19940115.29$0
Aug 199499116.13$1,597
Jul 1994148117.56$2,599
Jun 19940117.09$0
May 1994175115.88$2,779
Apr 19940114.14$0
Mar 1994157112.46$1,956
Feb 19940112.50$0
Jan 1994170112.66$2,152
Dec 1993165112.33$2,034
Nov 19930114.49$0
Oct 1993156115.85$2,473
Sep 1993132115.03$1,984
Aug 19930115.66$0
Jul 1993149115.46$2,304
Jun 19930116.79$0
May 1993166117.68$2,935
Apr 1993173118.05$3,123
Mar 1993320118.14$5,805
Feb 19930117.90$0
Jan 1993181116.93$3,064

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 2010 — as filed, then multipliedworked
Oil                   99 bbl  × $ 81.69 =     $8,087
Casinghead gas         0 Mcf  × $  4.12 =         $0

────────────────────────────────────────────────────
Month total                                   $8,087

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/O/15430 is the state's own key, not one this site invented.