WELLS, HYSON -A-

Operated by KEY ENERGY OF COLORADO, INC. (P-5 458560) in the GROESBECK CREEK (CHAPPEL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18549District 09Field 37114500NGPA filingOilCasinghead gasSaveExport
Value, all time
$8.1 M
Jan 1993 – Mar 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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 12 leases and 15 wells, and the rule below applies to all of them.

Discovered
1977-05-02
as the register files it
Field class
Oil
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 80 acres.

The Commission's schedule remark for this field reads: FIELDWIDE MER ADOPTED PER DKT #9-95374 EFFECTIVE 3/4/91.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition479,711 bbl$8,071,014
Casinghead gasProduction109,574 Mcf$51,158
Total$8,122,173

90,340 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 (2)

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 34.3378, -99.6607. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

34.33781, -99.66067 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
8,707 ft
2 wells filed one
Completion to plug
16.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 8,554 and 8,860 ft, median 8,707 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1990 – Jul 1997
2 of 2 wells
Plug dates filed
Aug 2010 – Jul 2011
2 of 2 wells

Last completion to plug: a median of 16.8 years across the 2 wells that filed both dates, with the middle half between 15.0 years and 18.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1973026718,860 ftJul 1997Aug 2010Yes
42-1973115648,554 ftDec 1990Jul 2011Yes

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 (231)

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

231 months

Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010111078.394.39$8,701
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 2006292069.376.34$20,256
Jun 20060066.286.38$0
May 2006271066.016.42$17,889
Apr 20060064.397.36$0
Mar 2006307056.707.08$17,407
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 20041043.245.28$43
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 2003295029.765.13$8,779
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 2002347026.914.85$9,338
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200206124.583.06$187
Jun 200203923.733.34$130
May 200204424.663.58$158
Apr 200201323.653.51$46
Mar 2002307022.003.10$6,754
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 200106018.072.41$144
Oct 2001023219.782.53$587
Sep 2001034524.262.25$777
Aug 200130640724.873.05$8,853
Jul 2001047123.933.20$1,506
Jun 200128516624.563.82$7,634
May 200105225.524.31$224
Apr 20013262124.685.34$8,158
Mar 200105524.545.38$296
Feb 2001120027.755.77$3,330
Jan 200103927.478.40$328
Dec 20000026.889.12$0
Nov 200030317832.215.66$10,767
Oct 2000034331.235.15$1,765
Sep 200060834331.875.19$21,156
Aug 200034628429.644.54$11,545
Jul 20000028.534.09$0
Jun 2000337029.304.40$9,874
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19991024.282.42$24
Nov 1999364023.192.43$8,441
Oct 19991020.982.80$21
Sep 19998021.752.62$174
Aug 19991019.262.88$19
Jul 199902217.892.37$52
Jun 199905415.942.36$128
May 199901215.792.32$28
Apr 199904115.102.21$91
Mar 19990512.471.84$9
Feb 19993429.981.82$343
Jan 1999501210.381.90$5,204
Dec 1998479379.201.77$4,472
Nov 19981,06736110.892.19$12,409
Oct 19981,50854412.421.97$19,801
Sep 19981,39755512.592.08$18,744
Aug 199892655111.301.91$11,515
Jul 199859264711.742.24$8,398
Jun 199860160111.242.24$8,100
May 199880061712.622.21$11,457
Apr 199883425213.042.51$11,507
Mar 19982,68755212.802.31$35,668
Feb 19982,09249213.952.30$30,315
Jan 19983,07361614.702.15$46,500
Dec 19973,21279516.322.41$54,337
Nov 19973,32581618.193.09$63,002
Oct 19973,36590319.253.15$67,621
Sep 19973,08196817.742.95$57,517
Aug 19974,0501,06317.862.55$75,049
Jul 19973,95695717.582.25$71,697
Jun 19973,87896317.242.26$69,030
May 19973,65896618.972.31$71,622
Apr 19972,71273417.882.08$50,019
Mar 19972,29557518.951.94$44,605
Feb 19973,98271320.492.21$83,164
Jan 19974,05566523.483.54$97,565
Dec 19964,20572623.32$98,061
Nov 19964,13177921.97$90,758
Oct 19964,39586523.31$102,447
Sep 19964,34596222.22$96,546
Aug 19964,77677520.26$96,762
Jul 19964,6641,50519.55$91,181
Jun 19964,2901,31618.73$80,352
May 19964,8541,38419.43$94,313
Apr 19964,5711,22621.51$98,322
Mar 19964,4161,17619.38$85,582
Feb 19964,7631,21316.98$80,876
Jan 19965,52985517.07$94,380
Dec 19954,34599817.19$74,691
Nov 19955,1871,19216.00$82,992
Oct 19955,6571,36015.43$87,288
Sep 19955,3251,42416.18$86,159
Aug 19956,2631,64815.92$99,707
Jul 19955,8561,69115.24$89,245
Jun 19955,9781,34416.41$98,099
May 19956,5051,57417.56$114,228
Apr 19956,1431,39517.73$108,915
Mar 19956,6251,45216.44$108,915
Feb 19956,3651,19816.58$105,532
Jan 19957,4931,52215.92$119,289
Dec 19946,4221,36115.03$96,523
Nov 19944,18784315.90$66,573
Oct 19945,8321,25815.58$90,863
Sep 19945,4311,33015.29$83,040
Aug 19945,6851,55416.13$91,699
Jul 19946,3451,52017.56$111,418
Jun 19946,3031,56617.09$107,718
May 19947,4681,58415.88$118,592
Apr 19947,7681,68914.14$109,840
Mar 19948,5521,84712.46$106,558
Feb 19946,2281,30212.50$77,850
Jan 19948,8601,78712.66$112,168
Dec 199312,4322,32212.33$153,287
Nov 199312,1582,58614.49$176,169
Oct 199315,6053,22615.85$247,339
Sep 199316,6403,64715.03$250,099
Aug 199319,4244,71615.66$304,180
Jul 199320,3555,29915.46$314,688
Jun 199320,8665,22316.79$350,340
May 199321,7944,62017.68$385,318
Apr 199315,1412,89318.05$273,295
Mar 199318,4413,31918.14$334,520
Feb 199317,4312,66317.90$312,015
Jan 199320,5652,60516.93$348,165

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.

Mar 2010 — as filed, then multipliedworked
Oil                  111 bbl  × $ 78.39 =     $8,701
Casinghead gas         0 Mcf  × $  4.39 =         $0

────────────────────────────────────────────────────
Month total                                   $8,701

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/18549 is the state's own key, not one this site invented.