HOLT, J. N.

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

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the HUTCHINSON N. (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 142704District 10Field 43850090CondensateGasSave Export

Value, all time

$2.2 M

Jan 1993 – Dec 2006

Value, last 12 filed months

$171 k

at the published price for each month

Months reported

168

no gaps in the span

Streams

condensate, gas

The HUTCHINSON N. (GRANITE WASH) 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 10 wells, and the rule below applies to all of them.

Discovered

1985-01-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1991-07-22.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED EFFECTIVE 2/1/95”

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
Condensate	Disposition	9,023 bbl	$266,306
Gas	Production	839,484 Mcf	$1,894,780
Total			$2,161,086

237,121 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 36.0322, -101.2782. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.03221, -101.27819 · 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

0.0%

0 of 1 wells

Median depth

7,000 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

1100.0%

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

The one well that filed a depth was drilled to 7,000 ft.

Completions filed

May 2006

1 of 1 wells

1 well


42-23332419	2	7,000 ft	May 2006	—	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 (168)

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

168 months


Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	381	0	69.37	6.34	$26,430
Jun 2006	1,286	675	66.28	6.38	$89,545
May 2006	304	631	66.01	6.42	$24,121
Apr 2006	0	991	64.39	7.36	$7,294
Mar 2006	0	989	56.70	7.08	$7,005
Feb 2006	0	973	57.59	7.75	$7,542
Jan 2006	0	1,012	60.59	8.93	$9,041
Dec 2005	0	413	54.94	13.42	$5,541
Nov 2005	160	1,046	54.69	10.59	$19,826
Oct 2005	0	1,168	58.34	13.80	$16,113
Sep 2005	0	1,182	61.45	12.08	$14,277
Aug 2005	0	1,239	61.51	9.80	$12,138
Jul 2005	0	1,157	55.69	7.84	$9,075
Jun 2005	0	945	52.33	7.38	$6,975
May 2005	0	1,293	45.22	6.65	$8,600
Apr 2005	0	777	49.20	7.36	$5,719
Mar 2005	123	542	50.37	7.15	$10,073
Feb 2005	0	58	45.22	6.31	$366
Jan 2005	0	1	43.16	6.32	$6
Dec 2004	0	3	39.86	6.75	$20
Nov 2004	0	1,102	45.28	6.33	$6,976
Oct 2004	0	1,077	49.70	6.52	$7,017
Sep 2004	0	1,221	43.24	5.28	$6,452
Aug 2004	0	1,897	42.37	5.55	$10,530
Jul 2004	0	1,817	38.28	6.08	$11,055
Jun 2004	0	1,852	36.10	6.43	$11,914
May 2004	0	1,736	37.48	6.49	$11,275
Apr 2004	0	1,657	34.47	5.86	$9,707
Mar 2004	163	1,805	34.36	5.53	$15,583
Feb 2004	0	1,794	32.45	5.51	$9,884
Jan 2004	0	1,821	32.03	6.30	$11,472
Dec 2003	0	1,722	30.26	6.30	$10,851
Nov 2003	0	1,750	28.80	4.60	$8,042
Oct 2003	0	2,220	28.17	4.76	$10,566
Sep 2003	0	1,071	26.31	4.75	$5,087
Aug 2003	0	2,206	29.76	5.13	$11,316
Jul 2003	162	2,237	29.41	5.17	$16,332
Jun 2003	0	1,793	28.56	5.98	$10,727
May 2003	0	2,089	26.59	5.97	$12,477
Apr 2003	0	2,402	26.67	5.41	$12,988
Mar 2003	0	377	31.14	6.10	$2,298
Feb 2003	0	1,413	33.48	7.93	$11,199
Jan 2003	0	530	30.31	5.58	$2,958
Dec 2002	0	902	26.91	4.85	$4,378
Nov 2002	0	601	24.66	4.14	$2,486
Oct 2002	170	1,690	26.46	4.23	$11,645
Sep 2002	0	1,861	27.44	3.64	$6,765
Aug 2002	0	2,153	25.96	3.16	$6,812
Jul 2002	0	2,320	24.58	3.06	$7,103
Jun 2002	0	2,244	23.73	3.34	$7,491
May 2002	0	2,076	24.66	3.58	$7,440
Apr 2002	0	1,412	23.65	3.51	$4,959
Mar 2002	0	1,811	22.00	3.10	$5,619
Feb 2002	0	1,185	18.22	2.38	$2,815
Jan 2002	0	2,997	17.17	2.38	$7,120
Dec 2001	138	3,396	16.93	2.36	$10,366
Nov 2001	0	3,442	18.07	2.41	$8,280
Oct 2001	0	2,882	19.78	2.53	$7,288
Sep 2001	0	1,025	24.26	2.25	$2,308
Aug 2001	0	60	24.87	3.05	$183
Jul 2001	45	2,717	23.93	3.20	$9,763
Jun 2001	0	4,735	24.56	3.82	$18,107
May 2001	0	2,866	25.52	4.31	$12,345
Apr 2001	0	960	24.68	5.34	$5,122
Mar 2001	0	4,828	24.54	5.38	$25,957
Feb 2001	0	4,431	27.75	5.77	$25,554
Jan 2001	0	5,378	27.47	8.40	$45,169
Dec 2000	165	5,417	26.88	9.12	$53,852
Nov 2000	0	5,683	32.21	5.66	$32,154
Oct 2000	0	6,224	31.23	5.15	$32,026
Sep 2000	0	6,196	31.87	5.19	$32,136
Aug 2000	0	5,050	29.64	4.54	$22,931
Jul 2000	0	6,022	28.53	4.09	$24,628
Jun 2000	0	6,536	29.30	4.40	$28,740
May 2000	0	7,128	27.26	3.68	$26,229
Apr 2000	171	7,123	24.51	3.12	$26,386
Mar 2000	0	7,771	28.42	2.86	$22,223
Feb 2000	0	5,506	27.62	2.73	$15,012
Jan 2000	0	8,686	25.27	2.48	$21,546
Dec 1999	0	8,823	24.28	2.42	$21,384
Nov 1999	0	9,229	23.19	2.43	$22,463
Oct 1999	0	5,491	20.98	2.80	$15,395
Sep 1999	173	10,132	21.75	2.62	$30,297
Aug 1999	0	5,098	19.26	2.88	$14,660
Jul 1999	0	11,607	17.89	2.37	$27,536
Jun 1999	0	11,680	15.94	2.36	$27,589
May 1999	0	13,083	15.79	2.32	$30,366
Apr 1999	151	12,681	15.10	2.21	$30,280
Mar 1999	0	6,491	12.47	1.84	$11,933
Feb 1999	0	9,584	9.98	1.82	$17,422
Jan 1999	0	14,952	10.38	1.90	$28,408
Dec 1998	128	14,991	9.20	1.77	$27,761
Nov 1998	0	14,274	10.89	2.19	$31,199
Oct 1998	0	16,174	12.42	1.97	$31,850
Sep 1998	0	15,856	12.59	2.08	$33,022
Aug 1998	0	16,982	11.30	1.91	$32,391
Jul 1998	134	13,265	11.74	2.24	$31,251
Jun 1998	0	17,237	11.24	2.24	$38,564
May 1998	0	17,594	12.62	2.21	$38,818
Apr 1998	162	20,109	13.04	2.51	$52,492
Mar 1998	0	15,256	12.80	2.31	$35,233
Feb 1998	0	14,537	13.95	2.30	$33,422
Jan 1998	166	18,922	14.70	2.15	$43,213
Dec 1997	0	20,746	16.32	2.41	$50,021
Nov 1997	160	19,254	18.19	3.09	$62,372
Oct 1997	0	22,979	19.25	3.15	$72,380
Sep 1997	129	23,271	17.74	2.95	$71,051
Aug 1997	177	8,900	17.86	2.55	$25,898
Jul 1997	0	113	17.58	2.25	$254
Jun 1997	0	140	17.24	2.26	$316
May 1997	0	317	18.97	2.31	$732
Apr 1997	0	1,023	17.88	2.08	$2,131
Mar 1997	0	1,756	18.95	1.94	$3,405
Feb 1997	0	924	20.49	2.21	$2,038
Jan 1997	0	894	23.48	3.54	$3,164
Dec 1996	0	947	23.32	—	$0
Nov 1996	0	956	21.97	—	$0
Oct 1996	157	1,109	23.31	—	$3,660
Sep 1996	0	1,295	22.22	—	$0
Aug 1996	0	1,411	20.26	—	$0
Jul 1996	0	1,490	19.55	—	$0
Jun 1996	0	1,551	18.73	—	$0
May 1996	165	1,377	19.43	—	$3,206
Apr 1996	0	754	21.51	—	$0
Mar 1996	0	847	19.38	—	$0
Feb 1996	0	1,629	16.98	—	$0
Jan 1996	0	1,427	17.07	—	$0
Dec 1995	0	1,940	17.19	—	$0
Nov 1995	141	2,279	16.00	—	$2,256
Oct 1995	0	2,426	15.43	—	$0
Sep 1995	0	2,428	16.18	—	$0
Aug 1995	166	2,344	15.92	—	$2,643
Jul 1995	0	2,286	15.24	—	$0
Jun 1995	0	2,206	16.41	—	$0
May 1995	161	1,985	17.56	—	$2,827
Apr 1995	0	1,851	17.73	—	$0
Mar 1995	0	1,873	16.44	—	$0
Feb 1995	149	1,930	16.58	—	$2,470
Jan 1995	0	2,202	15.92	—	$0
Dec 1994	0	2,159	15.03	—	$0
Nov 1994	143	2,088	15.90	—	$2,274
Oct 1994	0	2,090	15.58	—	$0
Sep 1994	161	2,843	15.29	—	$2,462
Aug 1994	173	2,642	16.13	—	$2,790
Jul 1994	0	3,387	17.56	—	$0
Jun 1994	165	3,377	17.09	—	$2,820
May 1994	0	3,900	15.88	—	$0
Apr 1994	159	3,874	14.14	—	$2,248
Mar 1994	162	4,391	12.46	—	$2,019
Feb 1994	151	4,314	12.50	—	$1,888
Jan 1994	112	3,316	12.66	—	$1,418
Dec 1993	166	2,710	12.33	—	$2,047
Nov 1993	261	1,884	14.49	—	$3,782
Oct 1993	0	563	15.85	—	$0
Sep 1993	163	9,076	15.03	—	$2,450
Aug 1993	170	10,136	15.66	—	$2,662
Jul 1993	167	13,343	15.46	—	$2,582
Jun 1993	163	14,882	16.79	—	$2,737
May 1993	165	14,880	17.68	—	$2,917
Apr 1993	155	12,495	18.05	—	$2,798
Mar 1993	172	20,711	18.14	—	$3,120
Feb 1993	321	26,325	17.90	—	$5,746
Jan 1993	307	31,192	16.93	—	$5,198

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.

Jul 2006 — as filed, then multipliedworked

Condensate           381 bbl  × $ 69.37 =    $26,430
Gas                    0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                  $26,430

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/142704 is the state's own key, not one this site invented.