HODGES

Name: HODGES lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHESAPEAKE OPERATING, INC. (P-5 147715) in the WATERFIELD (MORROW UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 138748District 10Field 95453500GasSave Export

Value, all time

$854 k

Jan 1993 – Jul 2008

Value, last 12 filed months

$3 k

at the published price for each month

Months reported

187

no gaps in the span

Streams

gas

The WATERFIELD (MORROW UPPER) field

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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered

1983-06-27

as the register files it

Field class

Gas

the register's own label

Between wells

3,735 ft

minimum

From a lease line

1,867 ft

minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1984-01-23.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 07/01/98.”

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.

Stream	Basis	Volume	Value
Gas	Production	557,774 Mcf	$853,725
Total			$853,725

377,337 Mcf of this lease's gas, across 48 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 (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 35.7176, -100.3137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.71758, -100.31367 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

13,915 ft

1 wells filed one

Completion to plug

17.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

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

The one well that filed a depth was drilled to 13,915 ft.

Completions filed

May 1991

1 of 1 wells

Plug dates filed

Jul 2008

1 of 1 wells

Last completion to plug: a median of 17.2 years across the 1 well that filed both dates, with the middle half between 17.2 years and 17.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21131953	2	13,915 ft	May 1991	Jul 2008	Yes

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 (187)

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

187 months


Jul 2008	0	131.08	11.39	$0
Jun 2008	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
Apr 2008	0	110.31	10.45	$0
Mar 2008	0	101.90	9.66	$0
Feb 2008	0	92.53	8.77	$0
Jan 2008	0	90.38	8.21	$0
Dec 2007	1	88.33	7.30	$7
Nov 2007	46	91.67	7.29	$335
Oct 2007	141	82.85	6.92	$976
Sep 2007	222	75.84	6.24	$1,386
Aug 2007	0	69.06	6.39	$0
Jul 2007	3	70.90	6.39	$19
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	0	56.92	7.30	$0
Feb 2007	0	55.10	8.22	$0
Jan 2007	200	50.30	6.73	$1,345
Dec 2006	450	56.65	6.92	$3,113
Nov 2006	320	54.20	7.62	$2,438
Oct 2006	208	54.90	6.01	$1,251
Sep 2006	0	60.08	5.04	$0
Aug 2006	0	68.71	7.34	$0
Jul 2006	0	69.37	6.34	$0
Jun 2006	0	66.28	6.38	$0
May 2006	0	66.01	6.42	$0
Apr 2006	0	64.39	7.36	$0
Mar 2006	0	56.70	7.08	$0
Feb 2006	0	57.59	7.75	$0
Jan 2006	0	60.59	8.93	$0
Dec 2005	238	54.94	13.42	$3,193
Nov 2005	2,690	54.69	10.59	$28,483
Oct 2005	1,619	58.34	13.80	$22,335
Sep 2005	2,254	61.45	12.08	$27,226
Aug 2005	2,355	61.51	9.80	$23,072
Jul 2005	1,969	55.69	7.84	$15,444
Jun 2005	2,307	52.33	7.38	$17,028
May 2005	2,880	45.22	6.65	$19,155
Apr 2005	3,489	49.20	7.36	$25,681
Mar 2005	3,539	50.37	7.15	$25,321
Feb 2005	2,844	45.22	6.31	$17,951
Jan 2005	2,916	43.16	6.32	$18,436
Dec 2004	2,589	39.86	6.75	$17,479
Nov 2004	3,564	45.28	6.33	$22,562
Oct 2004	2,526	49.70	6.52	$16,457
Sep 2004	2,404	43.24	5.28	$12,703
Aug 2004	2,744	42.37	5.55	$15,231
Jul 2004	2,941	38.28	6.08	$17,894
Jun 2004	2,378	36.10	6.43	$15,298
May 2004	2,210	37.48	6.49	$14,353
Apr 2004	3,397	34.47	5.86	$19,901
Mar 2004	4,872	34.36	5.53	$26,943
Feb 2004	4,630	32.45	5.51	$25,510
Jan 2004	5,117	32.03	6.30	$32,235
Dec 2003	2,984	30.26	6.30	$18,804
Nov 2003	3,020	28.80	4.60	$13,877
Oct 2003	3,009	28.17	4.76	$14,322
Sep 2003	2,698	26.31	4.75	$12,814
Aug 2003	2,992	29.76	5.13	$15,348
Jul 2003	3,761	29.41	5.17	$19,448
Jun 2003	2,919	28.56	5.98	$17,464
May 2003	3,271	26.59	5.97	$19,537
Apr 2003	3,817	26.67	5.41	$20,640
Mar 2003	667	31.14	6.10	$4,066
Feb 2003	0	33.48	7.93	$0
Jan 2003	909	30.31	5.58	$5,074
Dec 2002	163	26.91	4.85	$791
Nov 2002	0	24.66	4.14	$0
Oct 2002	0	26.46	4.23	$0
Sep 2002	801	27.44	3.64	$2,912
Aug 2002	0	25.96	3.16	$0
Jul 2002	448	24.58	3.06	$1,372
Jun 2002	0	23.73	3.34	$0
May 2002	12	24.66	3.58	$43
Apr 2002	91	23.65	3.51	$320
Mar 2002	102	22.00	3.10	$316
Feb 2002	103	18.22	2.38	$245
Jan 2002	29	17.17	2.38	$69
Dec 2001	79	16.93	2.36	$187
Nov 2001	35	18.07	2.41	$84
Oct 2001	147	19.78	2.53	$372
Sep 2001	169	24.26	2.25	$380
Aug 2001	200	24.87	3.05	$611
Jul 2001	311	23.93	3.20	$994
Jun 2001	258	24.56	3.82	$987
May 2001	5	25.52	4.31	$22
Apr 2001	0	24.68	5.34	$0
Mar 2001	0	24.54	5.38	$0
Feb 2001	64	27.75	5.77	$369
Jan 2001	37	27.47	8.40	$311
Dec 2000	46	26.88	9.12	$420
Nov 2000	108	32.21	5.66	$611
Oct 2000	484	31.23	5.15	$2,490
Sep 2000	66	31.87	5.19	$342
Aug 2000	332	29.64	4.54	$1,508
Jul 2000	382	28.53	4.09	$1,562
Jun 2000	552	29.30	4.40	$2,427
May 2000	760	27.26	3.68	$2,797
Apr 2000	503	24.51	3.12	$1,567
Mar 2000	602	28.42	2.86	$1,722
Feb 2000	819	27.62	2.73	$2,233
Jan 2000	1,071	25.27	2.48	$2,657
Dec 1999	844	24.28	2.42	$2,046
Nov 1999	1,071	23.19	2.43	$2,607
Oct 1999	680	20.98	2.80	$1,907
Sep 1999	952	21.75	2.62	$2,493
Aug 1999	1,508	19.26	2.88	$4,336
Jul 1999	1,179	17.89	2.37	$2,797
Jun 1999	1,338	15.94	2.36	$3,160
May 1999	1,448	15.79	2.32	$3,361
Apr 1999	1,298	15.10	2.21	$2,866
Mar 1999	1,025	12.47	1.84	$1,884
Feb 1999	332	9.98	1.82	$604
Jan 1999	1,018	10.38	1.90	$1,934
Dec 1998	1,253	9.20	1.77	$2,222
Nov 1998	1,602	10.89	2.19	$3,502
Oct 1998	1,895	12.42	1.97	$3,732
Sep 1998	2,548	12.59	2.08	$5,307
Aug 1998	2,614	11.30	1.91	$4,986
Jul 1998	2,210	11.74	2.24	$4,944
Jun 1998	3,354	11.24	2.24	$7,504
May 1998	1,629	12.62	2.21	$3,594
Apr 1998	1,531	13.04	2.51	$3,836
Mar 1998	1,356	12.80	2.31	$3,132
Feb 1998	1,653	13.95	2.30	$3,800
Jan 1998	2,137	14.70	2.15	$4,605
Dec 1997	3,075	16.32	2.41	$7,414
Nov 1997	2,569	18.19	3.09	$7,934
Oct 1997	3,279	19.25	3.15	$10,328
Sep 1997	1,925	17.74	2.95	$5,688
Aug 1997	2,014	17.86	2.55	$5,145
Jul 1997	2,269	17.58	2.25	$5,098
Jun 1997	3,220	17.24	2.26	$7,268
May 1997	4,671	18.97	2.31	$10,783
Apr 1997	4,028	17.88	2.08	$8,389
Mar 1997	2,340	18.95	1.94	$4,538
Feb 1997	2,254	20.49	2.21	$4,972
Jan 1997	3,429	23.48	3.54	$12,138
Dec 1996	2,788	23.32	—	$0
Nov 1996	1,616	21.97	—	$0
Oct 1996	2,855	23.31	—	$0
Sep 1996	2,369	22.22	—	$0
Aug 1996	2,529	20.26	—	$0
Jul 1996	2,531	19.55	—	$0
Jun 1996	2,719	18.73	—	$0
May 1996	3,430	19.43	—	$0
Apr 1996	3,155	21.51	—	$0
Mar 1996	2,658	19.38	—	$0
Feb 1996	3,725	16.98	—	$0
Jan 1996	3,192	17.07	—	$0
Dec 1995	4,144	17.19	—	$0
Nov 1995	4,519	16.00	—	$0
Oct 1995	4,606	15.43	—	$0
Sep 1995	4,955	16.18	—	$0
Aug 1995	5,111	15.92	—	$0
Jul 1995	5,912	15.24	—	$0
Jun 1995	6,322	16.41	—	$0
May 1995	6,251	17.56	—	$0
Apr 1995	5,770	17.73	—	$0
Mar 1995	6,897	16.44	—	$0
Feb 1995	6,068	16.58	—	$0
Jan 1995	8,359	15.92	—	$0
Dec 1994	7,087	15.03	—	$0
Nov 1994	6,817	15.90	—	$0
Oct 1994	7,598	15.58	—	$0
Sep 1994	8,802	15.29	—	$0
Aug 1994	9,556	16.13	—	$0
Jul 1994	8,928	17.56	—	$0
Jun 1994	9,649	17.09	—	$0
May 1994	8,658	15.88	—	$0
Apr 1994	9,231	14.14	—	$0
Mar 1994	9,883	12.46	—	$0
Feb 1994	7,303	12.50	—	$0
Jan 1994	9,717	12.66	—	$0
Dec 1993	10,868	12.33	—	$0
Nov 1993	10,615	14.49	—	$0
Oct 1993	11,815	15.85	—	$0
Sep 1993	11,209	15.03	—	$0
Aug 1993	14,262	15.66	—	$0
Jul 1993	13,443	15.46	—	$0
Jun 1993	14,061	16.79	—	$0
May 1993	14,851	17.68	—	$0
Apr 1993	16,236	18.05	—	$0
Mar 1993	19,014	18.14	—	$0
Feb 1993	16,086	17.90	—	$0
Jan 1993	19,167	16.93	—	$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.

Dec 2007 — as filed, then multipliedworked

Gas                    1 Mcf  × $  7.30 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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. 10/G/138748 is the state's own key, not one this site invented.