HODGES

Operated by EAGLE ROCK MID-CONTINENT OP, LLC (P-5 238718) in the BUFFALO WALLOW (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216887District 10Field 131472852 tax incentive programmesCondensateGasSaveExport
Value, all time
$460 k
Mar 2006 – Dec 2012
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
82
no gaps in the span
Streams
2
condensate, 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 1,387 leases and 1,388 wells, and the rule below applies to all of them.

Discovered
1974-09-09
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 2016-03-29.

The Commission's schedule remark for this field reads: 01-30-2024

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-03-26181727
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition966 bbl$82,869
GasProduction57,229 Mcf$377,502
Total$460,371

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 35.6711, -100.4059. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.67110, -100.40594 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
13,144 ft
1 wells filed one
Completion to plug
6.4 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 13,144 ft.

Completions filed
Mar 2006
1 of 1 wells
Plug dates filed
Aug 2012
1 of 1 wells

Last completion to plug: a median of 6.4 years across the 1 well that filed both dates, with the middle half between 6.4 years and 6.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-21133441223313,144 ftMar 2006Aug 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 (82)

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

82 months

Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 2012196089.383.40$17,518
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201207185.133.02$214
Jun 201203079.822.52$76
May 201207391.612.49$182
Apr 2012054101.652.00$108
Mar 2012045105.052.22$100
Feb 2012072101.102.57$185
Jan 201203398.092.73$90
Dec 201108096.873.24$259
Nov 201102695.723.31$86
Oct 201105384.983.65$193
Sep 201105483.623.99$215
Aug 201107683.404.15$315
Jul 201103194.144.52$140
Jun 201108992.904.64$413
May 201107698.134.40$335
Apr 201104105.964.33$17
Mar 201103296.364.06$130
Feb 201106885.644.18$284
Jan 201106386.504.59$289
Dec 201007385.734.35$317
Nov 2010019280.843.80$729
Oct 2010013078.103.51$456
Sep 2010011172.633.98$442
Aug 201018812073.684.42$14,382
Jul 2010019772.554.74$933
Jun 2010020970.364.91$1,026
May 2010033171.124.24$1,402
Apr 201001,13181.694.12$4,663
Mar 2010095978.394.39$4,209
Feb 2010029573.585.44$1,606
Jan 2010043674.365.96$2,600
Dec 2009055771.445.48$3,054
Nov 2009080474.593.75$3,016
Oct 2009021772.544.11$892
Sep 2009026465.543.06$809
Aug 2009054867.423.22$1,764
Jul 200901,12961.133.46$3,911
Jun 2009045666.163.90$1,776
May 2009083454.743.93$3,274
Apr 2009028346.773.59$1,015
Mar 2009022242.144.06$901
Feb 2009028432.814.63$1,316
Jan 2009066535.865.37$3,572
Dec 200801,52737.105.98$9,127
Nov 200801,73155.496.86$11,875
Oct 2008081975.246.92$5,669
Sep 20080415101.767.88$3,269
Aug 20081981,067114.228.48$31,667
Jul 20080689131.0811.39$7,847
Jun 20080179131.3313.03$2,333
May 20080300123.1711.57$3,472
Apr 20080250110.3110.45$2,614
Mar 20080362101.909.66$3,498
Feb 2008054392.538.77$4,762
Jan 200801,08990.388.21$8,936
Dec 200702,13188.337.30$15,561
Nov 20071841,51391.677.29$27,900
Oct 200702,02982.856.92$14,045
Sep 200701,32875.846.24$8,292
Aug 200701,34169.066.39$8,566
Jul 200702,99070.906.39$19,100
Jun 200702,05862.007.55$15,535
May 2007092158.747.85$7,226
Apr 2007041159.617.81$3,208
Mar 2007012256.927.30$891
Feb 2007044155.108.22$3,623
Jan 200703,76450.306.73$25,320
Dec 200603,27656.656.92$22,665
Nov 200602,23754.207.62$17,040
Oct 2006023354.906.01$1,401
Sep 200620023960.085.04$13,220
Aug 2006028268.717.34$2,070
Jul 2006057269.376.34$3,628
Jun 2006086466.286.38$5,516
May 200602,09666.016.42$13,467
Apr 200605,84764.397.36$43,037
Mar 200602,08656.707.08$14,775

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.

Oct 2012 — as filed, then multipliedworked
Condensate           196 bbl  × $ 89.38 =    $17,518
Gas                    0 Mcf  × $  3.40 =         $0

────────────────────────────────────────────────────
Month total                                  $17,518

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/216887 is the state's own key, not one this site invented.