HAMILTON

Operated by SOUTHLAKE EXPLORATION, INC. (P-5 805550) 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 27239District 09Field 99480001OilCasinghead gasSaveExport
Value, all time
$292 k
Jan 1993 – Jul 2009
Value, last 12 filed months
$0
at the published price for each month
Months reported
199
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
OilDisposition16,705 bbl$291,895
Casinghead gasProduction102 Mcf$140
Total$292,036

64 Mcf of this lease's gas, across 46 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 (3)

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 33.2381, -98.9458. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.23768, -98.94545 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
4,485 ft
3 wells filed one
Completion to plug
8.9 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 4,480 and 4,500 ft, median 4,485 ft, over the 3 wells that filed a depth.

Completions filed
Nov 1988 – May 1992
3 of 3 wells
Plug dates filed
Oct 1997 – Mar 2009
3 of 3 wells

Last completion to plug: a median of 8.9 years across the 3 wells that filed both dates, with the middle half between 8.8 years and 12.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-5034039154,480 ftMay 1992Mar 2009Yes
42-5033996034,500 ftApr 1989Oct 1997Yes
42-5033986524,485 ftNov 1988Oct 1997Yes

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 (199)

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

199 months

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 20031028.565.98$29
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 20023123.733.34$75
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20025118.222.38$93
Jan 200238117.172.38$655
Dec 200138116.932.36$646
Nov 200112118.072.41$219
Oct 200137119.782.53$734
Sep 200127124.262.25$657
Aug 200145124.873.05$1,122
Jul 200147123.933.20$1,128
Jun 200126124.563.82$642
May 200147125.524.31$1,204
Apr 200147124.685.34$1,165
Mar 200185124.545.38$2,091
Feb 200134127.755.77$949
Jan 200136127.478.40$997
Dec 200083126.889.12$2,240
Nov 200066132.215.66$2,132
Oct 200049131.235.15$1,535
Sep 200073131.875.19$2,332
Aug 200085129.644.54$2,524
Jul 200053128.534.09$1,516
Jun 200080129.304.40$2,348
May 200053127.263.68$1,448
Apr 200093124.513.12$2,283
Mar 200075028.422.86$2,132
Feb 200069027.622.73$1,906
Jan 2000163025.272.48$4,119
Dec 19990024.282.42$0
Nov 199963023.192.43$1,461
Oct 199997020.982.80$2,035
Sep 1999129021.752.62$2,806
Aug 19990019.262.88$0
Jul 199973017.892.37$1,306
Jun 199981015.942.36$1,291
May 199955015.792.32$868
Apr 1999111015.102.21$1,676
Mar 1999149012.471.84$1,858
Feb 1999009.981.82$0
Jan 1999103010.381.90$1,069
Dec 199812709.201.77$1,168
Nov 1998130010.892.19$1,416
Oct 199826012.421.97$323
Sep 1998147012.592.08$1,851
Aug 199836011.301.91$407
Jul 199893011.742.24$1,092
Jun 199889011.242.24$1,000
May 199894012.622.21$1,186
Apr 1998130013.042.51$1,695
Mar 1998145012.802.31$1,856
Feb 1998142013.952.30$1,981
Jan 1998157014.702.15$2,308
Dec 1997228016.322.41$3,721
Nov 1997120118.193.09$2,186
Oct 1997118119.253.15$2,275
Sep 1997135117.742.95$2,398
Aug 1997136117.862.55$2,432
Jul 1997135117.582.25$2,376
Jun 1997238117.242.26$4,105
May 1997119118.972.31$2,260
Apr 1997125117.882.08$2,237
Mar 1997231118.951.94$4,379
Feb 199798120.492.21$2,010
Jan 1997123123.483.54$2,892
Dec 1996314123.32$7,322
Nov 1996177121.97$3,889
Oct 1996178123.31$4,149
Sep 1996145122.22$3,222
Aug 1996291120.26$5,896
Jul 1996178119.55$3,480
Jun 1996155018.73$2,903
May 1996263119.43$5,110
Apr 1996166121.51$3,571
Mar 1996157119.38$3,043
Feb 1996165216.98$2,802
Jan 1996166117.07$2,834
Dec 1995228117.19$3,919
Nov 1995166116.00$2,656
Oct 1995172115.43$2,654
Sep 1995249116.18$4,029
Aug 1995175215.92$2,786
Jul 1995171015.24$2,606
Jun 1995270116.41$4,431
May 1995178117.56$3,126
Apr 1995337117.73$5,975
Mar 1995168116.44$2,762
Feb 1995321116.58$5,322
Jan 1995387115.92$6,161
Dec 1994129215.03$1,939
Nov 1994265215.90$4,214
Oct 1994256215.58$3,988
Sep 1994269115.29$4,113
Aug 1994256116.13$4,129
Jul 1994332117.56$5,830
Jun 1994473117.09$8,084
May 19940115.88$0
Apr 199484114.14$1,188
Mar 1994324112.46$4,037
Feb 1994305112.50$3,813
Jan 1994337112.66$4,266
Dec 1993349112.33$4,303
Nov 1993349114.49$5,057
Oct 1993183115.85$2,901
Sep 1993181215.03$2,720
Aug 1993254215.66$3,978
Jul 1993190115.46$2,937
Jun 1993235216.79$3,946
May 1993273317.68$4,827
Apr 1993172418.05$3,105
Mar 1993284318.14$5,152
Feb 1993282217.90$5,048
Jan 1993293316.93$4,960

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.

Jun 2003 — as filed, then multipliedworked
Oil                    1 bbl  × $ 28.56 =        $29
Casinghead gas         0 Mcf  × $  5.98 =         $0

────────────────────────────────────────────────────
Month total                                      $29

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/27239 is the state's own key, not one this site invented.