HINSON "C"

Operated by WELLS OILFIELD SERVICES, INC. (P-5 907973) in the YOUNG COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23334District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$77 k
Jan 1993 – Jun 1998
Value, last 12 filed months
$482
at the published price for each month
Months reported
66
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 2,525 leases and 8,014 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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
OilDisposition4,841 bbl$76,641
Casinghead gasProduction375 Mcf$0
Total$76,641

375 Mcf of this lease's gas, across 26 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 33.3442, -98.6448. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.34417, -98.64480 · 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
5,111 ft
2 wells filed one
Completion to plug
22.2 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 5,073 and 5,148 ft, median 5,111 ft, over the 2 wells that filed a depth.

Completions filed
May 1983
2 of 2 wells
Plug dates filed
Mar 1998 – Oct 2012
2 of 2 wells

Last completion to plug: a median of 22.2 years across the 2 wells that filed both dates, with the middle half between 18.5 years and 25.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-5033154025,148 ftMay 1983Mar 1998Yes
42-5033352815,073 ftMay 1983Oct 2012Yes

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 (66)

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

66 months

Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 199837013.042.51$482
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 199606216.98$0
Jan 199605717.07$0
Dec 19951149617.19$1,960
Nov 19951325816.00$2,112
Oct 19951328115.43$2,037
Sep 1995133016.18$2,152
Aug 1995130015.92$2,070
Jul 1995148015.24$2,256
Jun 1995140016.41$2,297
May 1995120017.56$2,107
Apr 1995108017.73$1,915
Mar 1995112016.44$1,841
Feb 1995156016.58$2,586
Jan 1995107015.92$1,703
Dec 1994132015.03$1,984
Nov 1994142015.90$2,258
Oct 1994132015.58$2,057
Sep 1994105115.29$1,605
Aug 1994135116.13$2,178
Jul 1994143117.56$2,511
Jun 1994139117.09$2,376
May 1994138115.88$2,191
Apr 1994148114.14$2,093
Mar 1994146112.46$1,819
Feb 1994132112.50$1,650
Jan 1994152112.66$1,924
Dec 1993138112.33$1,702
Nov 1993144114.49$2,087
Oct 1993103115.85$1,633
Sep 1993122115.03$1,834
Aug 1993100115.66$1,566
Jul 1993152115.46$2,350
Jun 1993152116.79$2,552
May 1993138117.68$2,440
Apr 1993138118.05$2,491
Mar 1993164118.14$2,975
Feb 1993164117.90$2,936
Jan 1993113116.93$1,913

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 1998 — as filed, then multipliedworked
Oil                   37 bbl  × $ 13.04 =       $482
Casinghead gas         0 Mcf  × $  2.51 =         $0

────────────────────────────────────────────────────
Month total                                     $482

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/23334 is the state's own key, not one this site invented.