HAMILTON-LAIRD

Operated by JMH PRODUCTION, LLC (P-5 433133) 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 31824District 09Field 99480001OilCasinghead gasSave
Value, all time
$2.2 M
Jan 2011 – May 2013
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
29
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition19,751 bbl$1,821,827
Casinghead gasProduction137,500 Mcf$408,977
Total$2,230,804

Wells on this lease (5)

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 33.3909, -98.6043. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

33.39061, -98.60397 · 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%
5 of 5 wells
With a plug date
0.0%
0 of 5 wells
Median depth
5,050 ft
5 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
5100.0%
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.
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 4,980 and 5,150 ft, median 5,050 ft, over the 5 wells that filed a depth.

Completions filed
Feb 2012 – Oct 2025
5 of 5 wells

5 wells

42-5034175514,980 ftOct 2025Yes
42-5034200465,056 ftOct 2020Yes
42-5034181125,150 ftJan 2017Yes
42-5034193955,050 ftApr 2013Yes
42-5034187834,993 ftFeb 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 (29)

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

29 months

May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20131,9907,43991.603.42$207,725
Dec 20121,2397,40386.773.42$132,827
Nov 20121,5628,04586.953.62$164,979
Oct 20121,2647,38889.383.40$138,093
Sep 20127137,21594.672.92$88,556
Aug 20128658,11192.662.91$103,739
Jul 20121,2347,62385.133.02$128,078
Jun 20121839,25279.822.52$37,913
May 201254410,05091.612.49$74,843
Apr 201286710,861101.652.00$109,818
Mar 20121,08710,113105.052.22$136,661
Feb 20121,9668,912101.102.57$221,669
Jan 20121,0376,23198.092.73$118,755
Dec 20115336,69796.873.24$73,328
Nov 20113516,81695.723.31$56,167
Oct 20115156,93584.983.65$69,067
Sep 20111,0455,73883.623.99$110,253
Aug 20111,2191,85583.404.15$109,362
Jul 201117559094.144.52$19,140
Jun 201116822692.904.64$16,656
May 2011168098.134.40$16,486
Apr 20113370105.964.33$35,709
Mar 2011170096.364.06$16,381
Feb 2011343085.644.18$29,375
Jan 2011176086.504.59$15,224

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 2013 — as filed, then multipliedworked
Oil                1,990 bbl  × $ 91.60 =   $182,284
Casinghead gas     7,439 Mcf  × $  3.42 =    $25,441

────────────────────────────────────────────────────
Month total                                 $207,725

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/31824 is the state's own key, not one this site invented.