SCOTT

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

Oil lease lease 27142District 09Field 47373500OilCasinghead gasSaveExport
Value, all time
$731 k
Jan 1993 – Mar 2010
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
207
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 5 leases and 8 wells, and the rule below applies to all of them.

Discovered
1953-12-02
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
OilDisposition33,417 bbl$731,192
Casinghead gasProduction671 Mcf$0
Total$731,192

671 Mcf of this lease's gas, across 21 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 (4)

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 33.5815, -98.1326. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

33.58182, -98.13225 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
4,575 ft
4 wells filed one
Completion to plug
13.9 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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 4,100 and 4,600 ft, median 4,575 ft, over the 4 wells that filed a depth.

Completions filed
Aug 1988 – Feb 1990
4 of 4 wells
Plug dates filed
Jun 1995 – Jun 2009
4 of 4 wells

Last completion to plug: a median of 13.9 years across the 4 wells that filed both dates, with the middle half between 7.3 years and 20.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-0770084254,100 ftFeb 1990Jun 1995Yes
42-0773431344,600 ftJul 1989Jun 2009Yes
42-0773427624,570 ftJan 1989Nov 1996Yes
42-0773424014,580 ftAug 1988Jun 2009Yes

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 (207)

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

207 months

Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 201038074.365.96$2,826
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 200954066.163.90$3,573
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009182035.865.37$6,527
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081380114.228.48$15,762
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081740110.3110.45$19,194
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 2007186082.856.92$15,410
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 2007160056.927.30$9,107
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006177054.906.01$9,717
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 2006179069.376.34$12,417
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 2006111060.598.93$6,725
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 2005128055.697.84$7,128
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005137045.226.31$6,195
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004169049.706.52$8,399
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 200490038.286.08$3,445
Jun 20040036.106.43$0
May 2004150037.486.49$5,622
Apr 2004224034.475.86$7,721
Mar 2004175034.365.53$6,013
Feb 20040032.455.51$0
Jan 2004133032.036.30$4,260
Dec 20030030.266.30$0
Nov 2003301028.804.60$8,669
Oct 20030028.174.76$0
Sep 2003238026.314.75$6,262
Aug 20030029.765.13$0
Jul 2003184029.415.17$5,411
Jun 20030028.565.98$0
May 2003158026.595.97$4,201
Apr 2003179026.675.41$4,774
Mar 2003176031.146.10$5,481
Feb 20030033.487.93$0
Jan 2003350030.315.58$10,609
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 2002173026.464.23$4,578
Sep 20020027.443.64$0
Aug 2002182025.963.16$4,725
Jul 2002180024.583.06$4,424
Jun 2002110023.733.34$2,610
May 2002182024.663.58$4,488
Apr 2002315023.653.51$7,450
Mar 2002175022.003.10$3,850
Feb 2002351018.222.38$6,395
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 2001155018.072.41$2,801
Oct 2001334019.782.53$6,607
Sep 20010024.262.25$0
Aug 2001182024.873.05$4,526
Jul 2001347023.933.20$8,304
Jun 20010024.563.82$0
May 2001202025.524.31$5,155
Apr 2001257024.685.34$6,343
Mar 2001340024.545.38$8,344
Feb 20010027.755.77$0
Jan 2001173027.478.40$4,752
Dec 2000167026.889.12$4,489
Nov 2000470032.215.66$15,139
Oct 20000031.235.15$0
Sep 2000191031.875.19$6,087
Aug 2000261029.644.54$7,736
Jul 200060028.534.09$1,712
Jun 2000164029.304.40$4,805
May 2000172027.263.68$4,689
Apr 2000173024.513.12$4,240
Mar 2000186028.422.86$5,286
Feb 2000213027.622.73$5,883
Jan 2000243025.272.48$6,141
Dec 1999230024.282.42$5,584
Nov 1999320023.192.43$7,421
Oct 1999173020.982.80$3,630
Sep 1999216021.752.62$4,698
Aug 1999174019.262.88$3,351
Jul 1999175017.892.37$3,131
Jun 1999176015.942.36$2,805
May 1999260015.792.32$4,105
Apr 1999173015.102.21$2,612
Mar 1999243012.471.84$3,030
Feb 199917509.981.82$1,747
Jan 1999154010.381.90$1,599
Dec 199834509.201.77$3,174
Nov 1998165010.892.19$1,797
Oct 1998179012.421.97$2,223
Sep 1998510012.592.08$6,421
Aug 1998172011.301.91$1,944
Jul 1998164011.742.24$1,925
Jun 1998325011.242.24$3,653
May 1998285012.622.21$3,597
Apr 19980013.042.51$0
Mar 1998156012.802.31$1,997
Feb 1998259013.952.30$3,613
Jan 1998173014.702.15$2,543
Dec 1997347016.322.41$5,663
Nov 1997162018.193.09$2,947
Oct 1997178019.253.15$3,427
Sep 1997347017.742.95$6,156
Aug 1997167017.862.55$2,983
Jul 1997177017.582.25$3,112
Jun 1997302017.242.26$5,206
May 1997168018.972.31$3,187
Apr 1997180017.882.08$3,218
Mar 1997264018.951.94$5,003
Feb 1997175020.492.21$3,586
Jan 1997312023.483.54$7,326
Dec 1996179023.32$4,174
Nov 1996308021.97$6,767
Oct 1996174023.31$4,056
Sep 1996318022.22$7,066
Aug 1996157020.26$3,181
Jul 1996354019.55$6,921
Jun 1996173018.73$3,240
May 1996350019.43$6,801
Apr 1996350021.51$7,529
Mar 1996159019.38$3,081
Feb 1996320016.98$5,434
Jan 1996342017.07$5,838
Dec 1995330017.19$5,673
Nov 1995337016.00$5,392
Oct 1995323015.43$4,984
Sep 1995340016.18$5,501
Aug 1995335015.92$5,333
Jul 1995174015.24$2,652
Jun 19950016.41$0
May 1995175017.56$3,073
Apr 1995166017.73$2,943
Mar 1995353016.44$5,803
Feb 1995176016.58$2,918
Jan 1995164015.92$2,611
Dec 1994356015.03$5,351
Nov 1994319015.90$5,072
Oct 1994314015.58$4,892
Sep 19943572815.29$5,459
Aug 19943433016.13$5,533
Jul 19943442917.56$6,041
Jun 19945033017.09$8,596
May 19943433515.88$5,447
Apr 19943233214.14$4,567
Mar 19943292612.46$4,099
Feb 19944962912.50$6,200
Jan 19943363312.66$4,254
Dec 19933473612.33$4,279
Nov 19934903314.49$7,100
Oct 19933423415.85$5,421
Sep 19933192115.03$4,795
Aug 19933283315.66$5,136
Jul 19934973415.46$7,684
Jun 19933713516.79$6,229
May 19935043917.68$8,911
Apr 19935023418.05$9,061
Mar 19934823318.14$8,743
Feb 19933483317.90$6,229
Jan 19933373416.93$5,705

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.

Jan 2010 — as filed, then multipliedworked
Oil                   38 bbl  × $ 74.36 =     $2,826
Casinghead gas         0 Mcf  × $  5.96 =         $0

────────────────────────────────────────────────────
Month total                                   $2,826

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/27142 is the state's own key, not one this site invented.