HODGES

Operated by BKV BARNETT II, LLC (P-5 103758) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31048District 09Field 65280200OilCasinghead gasSaveExport
Value, all time
$2.4 M
May 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
217
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
OilDisposition13,264 bbl$924,072
Casinghead gasProduction401,154 Mcf$1,485,363
Total$2,409,436

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 33.3612, -97.6300. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

33.36115, -97.62999 · 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
50.0%
1 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,577 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 7,569 and 7,585 ft, median 7,577 ft, over the 2 wells that filed a depth.

Completions filed
Jul 2008 – Aug 2008
2 of 2 wells

2 wells

42-497365282H7,569 ftAug 2008Yes
42-497365121H7,585 ftJul 2008

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 (217)

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

217 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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202368078.122.24$5,312
Mar 202302,07472.852.39$4,963
Feb 202302,08375.112.47$5,136
Jan 202302,45476.533.39$8,313
Dec 202202,85876.415.73$16,374
Nov 202202,62885.005.65$14,838
Oct 202202,55787.185.86$14,994
Sep 202202,67884.888.16$21,862
Aug 202203,07494.529.13$28,057
Jul 202201,328101.587.54$10,016
Jun 20220946115.097.98$7,546
May 202202,802109.378.43$23,629
Apr 202202,543104.226.84$17,388
Mar 202202,881108.885.08$14,625
Feb 202202,66691.054.86$12,954
Jan 202202,85781.844.54$12,964
Dec 202102,69571.323.90$10,508
Nov 202102,70077.435.24$14,140
Oct 202104,00679.795.71$22,890
Sep 202102,27569.865.35$12,173
Aug 202102,52366.024.22$10,649
Jul 202101,52770.783.98$6,081
Jun 2021092369.493.38$3,120
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202106061.302.72$163
Feb 202101,05657.805.55$5,859
Jan 20211712,47150.412.81$15,564
Dec 202003,06644.642.68$8,203
Nov 202002,98238.772.71$8,071
Oct 202003,18136.972.48$7,884
Sep 202003,46337.091.99$6,895
Aug 202003,66539.982.39$8,741
Jul 202003,33738.371.83$6,090
Jun 202003,70334.901.69$6,259
May 202003,66316.921.81$6,647
Apr 202004,29914.751.80$7,757
Mar 202004,04030.341.86$7,499
Feb 20201751,90849.881.98$12,508
Jan 202004,71057.252.09$9,866
Dec 201905,23459.012.30$12,061
Nov 201905,03255.302.75$13,842
Oct 201904,16453.472.42$10,071
Sep 201902,81055.052.66$7,467
Aug 201902,77853.112.30$6,402
Jul 201902,83956.272.46$6,984
Jun 20191713,01052.782.49$16,524
May 20191652,05658.482.74$15,283
Apr 201902,37062.632.75$6,519
Mar 201902,56856.803.06$7,863
Feb 201901,94750.852.79$5,436
Jan 201902,40246.033.23$7,754
Dec 201802,50046.594.19$10,464
Nov 20181822,80752.934.24$21,527
Oct 201803,14261.443.40$10,677
Sep 201803,07559.543.11$9,557
Aug 201802,81659.403.07$8,635
Jul 201802,43165.142.93$7,127
Jun 201802,91860.183.08$8,978
May 20181682,98165.382.90$19,631
Apr 201802,46663.842.90$7,153
Mar 201801,83561.222.79$5,114
Feb 20181822,58461.782.77$18,392
Jan 201801,54662.874.01$6,198
Dec 201703,88657.272.92$11,353
Nov 201703,77155.423.12$11,759
Oct 201704,00149.292.98$11,938
Sep 201703,46047.523.09$10,682
Aug 201703,80145.373.00$11,420
Jul 20171773,84843.873.09$19,645
Jun 201703,14142.493.09$9,697
May 201704,01345.373.26$13,096
Apr 201703,87347.933.21$12,439
Mar 201704,39346.772.98$13,107
Feb 2017070050.452.95$2,067
Jan 201704,06949.413.42$13,911
Dec 20163693,83648.763.72$32,273
Nov 201603,45142.492.64$9,126
Oct 201603,11146.193.09$9,614
Sep 201602,32741.553.10$7,215
Aug 20161902,49041.442.92$15,155
Jul 201602,66741.622.92$7,799
Jun 201601,29945.352.69$3,489
May 201603,22942.521.99$6,429
Apr 201603,09836.561.99$6,168
Mar 201601,62133.011.79$2,908
Feb 201602,70126.472.06$5,574
Jan 20161922,91227.352.36$12,136
Dec 201503,19832.362.00$6,401
Nov 20153732,86438.792.17$20,676
Oct 201503,06543.552.43$7,437
Sep 201532,54242.992.76$7,141
Aug 20151933,44240.162.87$17,638
Jul 201523,49748.152.95$10,395
Jun 201522,85456.152.88$8,340
May 201513,44155.212.96$10,225
Apr 20151914,12149.822.71$20,669
Mar 20151893,79442.892.93$19,241
Feb 201511,80844.662.98$5,426
Jan 20151941,78043.433.10$13,945
Dec 201411,93854.693.59$7,015
Nov 201411,33170.464.25$5,730
Oct 20141642,69178.303.90$23,339
Sep 201411,56386.164.05$6,409
Aug 2014190089.394.04$16,984
Jul 2014166396.564.18$2,868
Jun 2014286398.164.74$4,284
May 201436516294.734.73$35,342
Apr 2014783295.944.81$4,673
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20143806090.404.86$34,644
Dec 2013074591.824.35$3,244
Nov 20131333388.853.74$2,400
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201304,323102.523.72$16,072
Jun 20131871,05494.403.93$21,799
May 201301,07694.834.15$4,464
Apr 201302093.964.28$86
Mar 2013375093.623.91$35,108
Feb 201301391.233.42$44
Jan 2013087091.603.42$2,975
Dec 2012068486.773.42$2,339
Nov 2012043086.953.62$1,559
Oct 2012064589.383.40$2,193
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012174085.133.02$14,813
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20115095.723.31$479
Oct 20110084.983.65$0
Sep 201121,43283.623.99$5,875
Aug 20110083.404.15$0
Jul 20111094.144.52$94
Jun 20111092.904.64$93
May 20111861,92098.134.40$26,709
Apr 20111703,309105.964.33$32,352
Mar 201122,02096.364.06$8,389
Feb 201161,35885.644.18$6,190
Jan 2011141,72386.504.59$9,117
Dec 2010195085.734.35$16,717
Nov 201002,03980.843.80$7,739
Oct 20101841,76478.103.51$20,560
Sep 201032,78472.633.98$11,297
Aug 201002,01673.684.42$8,909
Jul 201018319472.554.74$14,196
Jun 2010142,69770.364.91$14,228
May 20102152,65771.124.24$26,544
Apr 20101902,51181.694.12$25,873
Mar 201001,58278.394.39$6,943
Feb 201002,00473.585.44$10,906
Jan 20101842,55274.365.96$28,903
Dec 20091962,72471.445.48$28,940
Nov 200902,92374.593.75$10,966
Oct 20091873,19072.544.11$26,677
Sep 200943,07765.543.06$9,692
Aug 200973,37667.423.22$11,338
Jul 20091783,56861.133.46$23,242
Jun 20091774,00866.163.90$27,321
May 20091753,42554.743.93$23,025
Apr 20091783,95346.773.59$22,506
Mar 20095034,08642.144.06$37,781
Feb 20093644,42832.814.63$32,458
Jan 20095186,98335.865.37$56,081
Dec 20081763,18737.105.98$25,579
Nov 20085393,33855.496.86$52,809
Oct 20081,08310,27675.246.92$152,615
Sep 20081,9913,653101.767.88$231,379
Aug 2008202741114.228.48$29,358
Jul 200811263131.0811.39$4,437
Jun 200800131.3313.03$0
May 200800123.1711.57$0

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 2023 — as filed, then multipliedworked
Oil                   68 bbl  × $ 78.12 =     $5,312
Casinghead gas         0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                   $5,312

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/31048 is the state's own key, not one this site invented.