HODGES, W. L.

Operated by LMH ENERGY (P-5 504673) in the K-M-A field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31514District 09Field 47902001OilSaveExport
Value, all time
$3.6 M
Nov 2009 – May 2026
Value, last 12 filed months
$233 k
at the published price for each month
Months reported
199
no gaps in the span
Streams
1
oil

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 347 leases and 2,190 wells, and the rule below applies to all of them.

Discovered
1931-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition51,742 bbl$3,573,730
Total$3,573,730

Wells on this lease (1)

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 33.8555, -98.8291. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.85549, -98.82913 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
4,250 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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

The one well that filed a depth was drilled to 4,250 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-4854472318A4,250 ftNov 2009

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

May 20260106.413.05$0
Apr 202650098.932.87$49,465
Mar 202617189.753.15$15,347
Feb 202651063.503.75$32,385
Jan 202617759.138.00$10,466
Dec 202551656.664.41$29,237
Nov 202532858.593.93$19,218
Oct 202516559.383.30$9,798
Sep 202517162.743.08$10,729
Aug 202517163.933.01$10,932
Jul 202534166.743.32$22,758
Jun 202534266.483.13$22,736
May 202550760.553.23$30,699
Apr 202534862.363.54$21,701
Mar 202517567.704.27$11,848
Feb 202534570.884.34$24,454
Jan 202516474.324.28$12,188
Dec 202417368.993.12$11,935
Nov 202417369.052.20$11,946
Oct 202433171.372.28$23,623
Sep 2024069.612.36$0
Aug 202431675.632.06$23,899
Jul 202434479.932.15$27,496
Jun 202434278.082.63$26,703
May 202431978.812.20$25,140
Apr 202417684.451.66$14,863
Mar 202416580.301.55$13,250
Feb 202451776.091.78$39,339
Jan 202433973.023.30$24,754
Dec 202316771.262.61$11,900
Nov 202335177.892.81$27,339
Oct 202317185.443.09$14,610
Sep 202350889.042.74$45,232
Aug 202333880.522.67$27,216
Jul 202334074.852.64$25,449
Jun 202334468.962.26$23,722
May 202350970.622.23$35,946
Apr 202317478.122.24$13,593
Mar 202351772.852.39$37,663
Feb 202317875.112.47$13,370
Jan 202334676.533.39$26,479
Dec 202234376.415.73$26,209
Nov 202217585.005.65$14,875
Oct 202252187.185.86$45,421
Sep 202217584.888.16$14,854
Aug 202234294.529.13$32,326
Jul 2022501101.587.54$50,892
Jun 2022339115.097.98$39,016
May 2022346109.378.43$37,842
Apr 2022341104.226.84$35,539
Mar 2022517108.885.08$56,291
Feb 202234491.054.86$31,321
Jan 202252581.844.54$42,966
Dec 2021071.323.90$0
Nov 202165277.435.24$50,484
Oct 202117179.795.71$13,644
Sep 202150169.865.35$35,000
Aug 202116866.024.22$11,091
Jul 202133570.783.98$23,711
Jun 202134569.493.38$23,974
May 202149563.483.02$31,423
Apr 202134360.362.76$20,703
Mar 202151461.302.72$31,508
Feb 202150757.805.55$29,305
Jan 202125950.412.81$13,056
Dec 202017144.642.68$7,633
Nov 202025338.772.71$9,809
Oct 202017036.972.48$6,285
Sep 202025537.091.99$9,458
Aug 202025539.982.39$10,195
Jul 202033338.371.83$12,777
Jun 202042034.901.69$14,658
May 20208516.921.81$1,438
Apr 20208514.751.80$1,254
Mar 202025630.341.86$7,767
Feb 202025649.881.98$12,769
Jan 202025957.252.09$14,828
Dec 201925459.012.30$14,989
Nov 201926055.302.75$14,378
Oct 201917153.472.42$9,143
Sep 201925655.052.66$14,093
Aug 201928453.112.30$15,083
Jul 201925356.272.46$14,236
Jun 201917052.782.49$8,973
May 201925758.482.74$15,029
Apr 201926062.632.75$16,284
Mar 201926056.803.06$14,768
Feb 201926550.852.79$13,475
Jan 201925946.033.23$11,922
Dec 201825546.594.19$11,880
Nov 201825552.934.24$13,497
Oct 201825361.443.40$15,544
Sep 201826059.543.11$15,480
Aug 201817059.403.07$10,098
Jul 201827465.142.93$17,848
Jun 201817060.183.08$10,231
May 201818465.382.90$12,030
Apr 201820863.842.90$13,279
Mar 201825561.222.79$15,611
Feb 201825861.782.77$15,939
Jan 201825362.874.01$15,906
Dec 201725557.272.92$14,604
Nov 201725655.423.12$14,188
Oct 201725549.292.98$12,569
Sep 201725347.523.09$12,023
Aug 201734445.373.00$15,607
Jul 201732143.873.09$14,082
Jun 201734442.493.09$14,617
May 201727445.373.26$12,431
Apr 201734047.933.21$16,296
Mar 201724846.772.98$11,599
Feb 201725250.452.95$12,713
Jan 201733749.413.42$16,651
Dec 201633748.763.72$16,432
Nov 201625142.492.64$10,665
Oct 201625446.193.09$11,732
Sep 201625741.553.10$10,678
Aug 201625741.442.92$10,650
Jul 201625641.622.92$10,655
Jun 201633545.352.69$15,192
May 201625342.521.99$10,758
Apr 201617036.561.99$6,215
Mar 201625233.011.79$8,319
Feb 201625726.472.06$6,803
Jan 201625327.352.36$6,920
Dec 201525532.362.00$8,252
Nov 201525738.792.17$9,969
Oct 201534043.552.43$14,807
Sep 201517042.992.76$7,308
Aug 201524840.162.87$9,960
Jul 201524948.152.95$11,989
Jun 201524856.152.88$13,925
May 201525455.212.96$14,023
Apr 201517349.822.71$8,619
Mar 201525342.892.93$10,851
Feb 201517244.662.98$7,682
Jan 201525743.433.10$11,162
Dec 201425554.693.59$13,946
Nov 201416970.464.25$11,908
Oct 201425778.303.90$20,123
Sep 201416886.164.05$14,475
Aug 20148589.394.04$7,598
Jul 2014096.564.18$0
Jun 20148598.164.74$8,344
May 201417194.734.73$16,199
Apr 201425495.944.81$24,369
Mar 201425395.895.06$24,260
Feb 201414397.406.19$13,928
Jan 201416790.404.86$15,097
Dec 201316891.824.35$15,426
Nov 201317088.853.74$15,105
Oct 201325197.423.78$24,452
Sep 2013239104.113.72$24,882
Aug 2013246104.253.52$25,646
Jul 20130102.523.72$0
Jun 201316794.403.93$15,765
May 20138494.834.15$7,966
Apr 201316093.964.28$15,034
Mar 201316693.623.91$15,541
Feb 201316491.233.42$14,962
Jan 201316691.603.42$15,206
Dec 2012086.773.42$0
Nov 201232786.953.62$28,433
Oct 201217289.383.40$15,373
Sep 201225594.672.92$24,141
Aug 201216992.662.91$15,660
Jul 201216485.133.02$13,961
Jun 201216779.822.52$13,330
May 201232791.612.49$29,956
Apr 2012414101.652.00$42,083
Mar 2012169105.052.22$17,753
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 20117996.873.24$7,653
Nov 201122895.723.31$21,824
Oct 201125484.983.65$21,585
Sep 201132983.623.99$27,511
Aug 201125383.404.15$21,100
Jul 201124894.144.52$23,347
Jun 201116992.904.64$15,700
May 201133498.134.40$32,775
Apr 2011415105.964.33$43,973
Mar 201133796.364.06$32,473
Feb 201125185.644.18$21,496
Jan 20118086.504.59$6,920
Dec 201041685.734.35$35,664
Nov 2010080.843.80$0
Oct 201049678.103.51$38,738
Sep 201034072.633.98$24,694
Aug 201083173.684.42$61,228
Jul 201025272.554.74$18,283
Jun 201040170.364.91$28,214
May 201025071.124.24$17,780
Apr 201032781.694.12$26,713
Mar 201044378.394.39$34,727
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$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 2026 — as filed, then multipliedworked
Oil                  500 bbl  × $ 98.93 =    $49,465

────────────────────────────────────────────────────
Month total                                  $49,465

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/31514 is the state's own key, not one this site invented.