HODGES

Operated by CYCLE OIL & GAS INC. (P-5 100144) in the WICHITA COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18538District 09Field 97155001OilCasinghead gasSaveExport
Value, all time
$130 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 1,994 leases and 19,278 wells, and the rule below applies to all of them.

Discovered
1910-12-31
as the register files it
Field class
Oil
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
OilDisposition4,194 bbl$129,281
Casinghead gasProduction272 Mcf$1,058
Total$130,339

50 Mcf of this lease's gas, across 38 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 (13)

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 33.8725, -98.7595. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.87181, -98.76031 · 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
61.5%
8 of 13 wells
With a plug date
61.5%
8 of 13 wells
Median depth
1,388 ft
12 wells filed one
Completion to plug
37.2 years
median over 8 wells

What the state filed about each well

On the RRC proration schedule
861.5%
A plug date is filed
861.5%
BothOn the schedule and plugged. Neither fact cancels the other.
861.5%
NeitherNo plug date, and not on the schedule.
538.5%

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, 12 of 13 wells. Median 1,388 ft, with the middle half between 976 and 1,800 ft; the shallowest is 888 ft and the deepest 1,850 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, 13 of 13 wells, Sep 1977 – Jun 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 1977 – Jun 2021
13 of 13 wells
Plug dates filed
Jun 2002 – Jul 2021
8 of 13 wells; 5 filed none

Last completion to plug: a median of 37.2 years across the 8 wells that filed both dates, with the middle half between 29.4 years and 39.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-4854628225978 ftJun 2021
42-4854628326996 ftJun 2021
42-4854609823970 ftMay 2018
42-48546100241,096 ftMay 2018
42-48540086111,850 ftOct 1984Jul 2021Yes
42-4853522891,800 ftNov 1979Jun 2017Yes
42-4853490761,800 ftAug 1978Jun 2017Yes
42-485349578Jul 1978
42-4853490671,838 ftJun 1978Jul 2019Yes
42-485346944900 ftJun 1978Jun 2020Yes
42-4853469351,700 ftJan 1978Mar 2007Yes
42-485345133888 ftOct 1977Jun 2002Yes
42-4853448221,680 ftSep 1977Mar 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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202382080.522.67$6,603
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202375070.622.23$5,297
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202343076.533.39$3,291
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202280101.587.54$813
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021157079.795.71$12,527
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020154044.642.68$6,875
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020167057.252.09$9,561
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019148062.632.75$9,269
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018168065.142.93$10,944
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018162062.874.01$10,185
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201513040.162.87$522
Jul 20150148.152.95$3
Jun 20150156.152.88$3
May 20150155.212.96$3
Apr 20150149.822.71$3
Mar 20150142.892.93$3
Feb 20150144.662.98$3
Jan 20150143.433.10$3
Dec 20140154.693.59$4
Nov 20140170.464.25$4
Oct 20140178.303.90$4
Sep 20140186.164.05$4
Aug 20140189.394.04$4
Jul 20140196.564.18$4
Jun 20140198.164.74$5
May 20140194.734.73$5
Apr 20140195.944.81$5
Mar 20140195.895.06$5
Feb 20140197.406.19$6
Jan 20140190.404.86$5
Dec 20130191.824.35$4
Nov 20130188.853.74$4
Oct 20130197.423.78$4
Sep 201301104.113.72$4
Aug 201301104.253.52$4
Jul 201301102.523.72$4
Jun 20130194.403.93$4
May 20130194.834.15$4
Apr 20130193.964.28$4
Mar 20130193.623.91$4
Feb 20130191.233.42$3
Jan 20130191.603.42$3
Dec 20120186.773.42$3
Nov 20120186.953.62$4
Oct 20120189.383.40$3
Sep 20120194.672.92$3
Aug 20120192.662.91$3
Jul 20120185.133.02$3
Jun 20120179.822.52$3
May 20120191.612.49$2
Apr 201201101.652.00$2
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120198.092.73$3
Dec 20110196.873.24$3
Nov 20110195.723.31$3
Oct 20110184.983.65$4
Sep 20110183.623.99$4
Aug 20110183.404.15$4
Jul 20110194.144.52$5
Jun 20110192.904.64$5
May 20110198.134.40$4
Apr 201101105.964.33$4
Mar 20110196.364.06$4
Feb 20110185.644.18$4
Jan 20110186.504.59$5
Dec 20100185.734.35$4
Nov 20100180.843.80$4
Oct 20100178.103.51$4
Sep 20100172.633.98$4
Aug 20100173.684.42$4
Jul 20100172.554.74$5
Jun 20100170.364.91$5
May 20100171.124.24$4
Apr 20100181.694.12$4
Mar 20100178.394.39$4
Feb 20100173.585.44$5
Jan 20100174.365.96$6
Dec 20090171.445.48$5
Nov 20090174.593.75$4
Oct 20090172.544.11$4
Sep 20090165.543.06$3
Aug 20090167.423.22$3
Jul 20090161.133.46$3
Jun 20090166.163.90$4
May 20090154.743.93$4
Apr 20090146.773.59$4
Mar 20090142.144.06$4
Feb 20090132.814.63$5
Jan 20090135.865.37$5
Dec 20080137.105.98$6
Nov 20080155.496.86$7
Oct 20080175.246.92$7
Sep 200801101.767.88$8
Aug 200801114.228.48$8
Jul 200801131.0811.39$11
Jun 200801131.3313.03$13
May 200801123.1711.57$12
Apr 200801110.3110.45$10
Mar 200801101.909.66$10
Feb 20080192.538.77$9
Jan 20080190.388.21$8
Dec 20070188.337.30$7
Nov 20070191.677.29$7
Oct 20070182.856.92$7
Sep 20070175.846.24$6
Aug 20070169.066.39$6
Jul 20070170.906.39$6
Jun 20070162.007.55$8
May 20070158.747.85$8
Apr 20070159.617.81$8
Mar 20070156.927.30$7
Feb 20070155.108.22$8
Jan 20070150.306.73$7
Dec 20060156.656.92$7
Nov 20060154.207.62$8
Oct 20060154.906.01$6
Sep 20060160.085.04$5
Aug 20060168.717.34$7
Jul 20060169.376.34$6
Jun 20060166.286.38$6
May 20060166.016.42$6
Apr 20060164.397.36$7
Mar 20060156.707.08$7
Feb 20060157.597.75$8
Jan 20060160.598.93$9
Dec 20050154.9413.42$13
Nov 20050154.6910.59$11
Oct 20050158.3413.80$14
Sep 20050161.4512.08$12
Aug 20050161.519.80$10
Jul 200542155.697.84$2,347
Jun 20050152.337.38$7
May 20050145.226.65$7
Apr 20050149.207.36$7
Mar 20050150.377.15$7
Feb 20050145.226.31$6
Jan 20050143.166.32$6
Dec 200451139.866.75$2,040
Nov 20040145.286.33$6
Oct 20040149.706.52$7
Sep 20040143.245.28$5
Aug 20040142.375.55$6
Jul 20040138.286.08$6
Jun 20040136.106.43$6
May 200439137.486.49$1,468
Apr 20040134.475.86$6
Mar 20040134.365.53$6
Feb 20040132.455.51$6
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 20030129.765.13$5
Jul 200333129.415.17$976
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 200244126.914.85$1,189
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020022.003.10$0
Feb 20020118.222.38$2
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 20010118.072.41$2
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 20000129.304.40$4
May 20000127.263.68$4
Apr 20000124.513.12$3
Mar 20000128.422.86$3
Feb 20000127.622.73$3
Jan 20000125.272.48$2
Dec 19990124.282.42$2
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 19980112.421.97$2
Sep 19980112.592.08$2
Aug 1998100111.301.91$1,132
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 19980114.702.15$2
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 19970117.242.26$2
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 1997108118.951.94$2,049
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 19960121.97$0
Oct 19960123.31$0
Sep 19960122.22$0
Aug 19960120.26$0
Jul 1996114119.55$2,229
Jun 19960118.73$0
May 19960119.43$0
Apr 1996120121.51$2,581
Mar 19960119.38$0
Feb 19960116.98$0
Jan 1996140117.07$2,390
Dec 19950117.19$0
Nov 1995121116.00$1,936
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 1995121017.56$2,125
Apr 19950017.73$0
Mar 19950016.44$0
Feb 1995102016.58$1,691
Jan 1995122015.92$1,942
Dec 19940015.03$0
Nov 1994124015.90$1,972
Oct 19940115.58$0
Sep 1994118115.29$1,804
Aug 1994120116.13$1,936
Jul 19940117.56$0
Jun 19940117.09$0
May 199448115.88$762
Apr 1994124114.14$1,753
Mar 19940112.46$0
Feb 1994124112.50$1,550
Jan 19940112.66$0
Dec 1993124112.33$1,529
Nov 1993126114.49$1,826
Oct 1993116115.85$1,839
Sep 19930115.03$0
Aug 1993122115.66$1,911
Jul 1993123115.46$1,902
Jun 1993122116.79$2,048
May 19930117.68$0
Apr 1993122118.05$2,202
Mar 19930518.14$0
Feb 1993127517.90$2,273
Jan 1993120516.93$2,032

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.

Aug 2023 — as filed, then multipliedworked
Oil                   82 bbl  × $ 80.52 =     $6,603
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                   $6,603

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/18538 is the state's own key, not one this site invented.