HIGGS

Operated by PHILLIPS PETROLEUM COMPANY (P-5 663680) in the TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 27979District 10Field 89120001GasSave
Value, all time
$357 k
Jan 1993 – Feb 2002
Value, last 12 filed months
$50 k
at the published price for each month
Months reported
110
no gaps in the span
Streams
1
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
GasProduction287,711 Mcf$357,264
Total$357,264

162,124 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 36.1904, -101.6167. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.19040, -101.61673 · 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
3,171 ft
1 wells filed one
Completion to plug
51.6 years
median over 1 wells

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 3,171 ft.

Completions filed
Jul 1950
1 of 1 wells
Plug dates filed
Feb 2002
1 of 1 wells

Last completion to plug: a median of 51.6 years across the 1 well that filed both dates, with the middle half between 51.6 years and 51.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1950051213,171 ftJul 1950Feb 2002Yes

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 (110)

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

110 months

Feb 2002018.222.38$0
Jan 200214317.172.38$340
Dec 20011,30816.932.36$3,093
Nov 20011,29318.072.41$3,110
Oct 20011,41519.782.53$3,578
Sep 20011,34124.262.25$3,019
Aug 20011,16124.873.05$3,545
Jul 20011,44123.933.20$4,607
Jun 20011,44924.563.82$5,541
May 20011,58925.524.31$6,844
Apr 20011,44924.685.34$7,731
Mar 20011,53724.545.38$8,264
Feb 20011,27127.755.77$7,330
Jan 20011,17127.478.40$9,835
Dec 20001,16126.889.12$10,591
Nov 20001,54932.215.66$8,764
Oct 20001,50931.235.15$7,765
Sep 20001,53031.875.19$7,935
Aug 20001,73229.644.54$7,865
Jul 20001,60428.534.09$6,560
Jun 20001,40829.304.40$6,191
May 20001,39627.263.68$5,137
Apr 20001,09124.513.12$3,400
Mar 20001,59528.422.86$4,561
Feb 20001,87527.622.73$5,112
Jan 20001,99125.272.48$4,939
Dec 19991,93524.282.42$4,690
Nov 19991,72423.192.43$4,196
Oct 19991,90320.982.80$5,335
Sep 19991,72221.752.62$4,510
Aug 19991,05219.262.88$3,025
Jul 19991,69817.892.37$4,028
Jun 19992,03315.942.36$4,802
May 19991,97015.792.32$4,572
Apr 19992,41215.102.21$5,326
Mar 19992,63512.471.84$4,844
Feb 19992,4039.981.82$4,368
Jan 19992,62510.381.90$4,987
Dec 19982,6179.201.77$4,641
Nov 19982,57310.892.19$5,624
Oct 19982,71712.421.97$5,350
Sep 19982,67712.592.08$5,575
Aug 19982,83111.301.91$5,400
Jul 19982,86711.742.24$6,414
Jun 19982,55911.242.24$5,725
May 19982,65712.622.21$5,862
Apr 19982,50313.042.51$6,271
Mar 19982,63412.802.31$6,083
Feb 19982,43913.952.30$5,608
Jan 19982,75214.702.15$5,930
Dec 19972,76616.322.41$6,669
Nov 19972,69818.193.09$8,332
Oct 19972,77919.253.15$8,753
Sep 19972,63517.742.95$7,786
Aug 19972,96417.862.55$7,572
Jul 19973,07917.582.25$6,918
Jun 19973,06817.242.26$6,925
May 19972,85118.972.31$6,582
Apr 19972,93717.882.08$6,117
Mar 19973,11618.951.94$6,042
Feb 19972,69920.492.21$5,954
Jan 19973,04823.483.54$10,789
Dec 19963,06323.32$0
Nov 19963,05921.97$0
Oct 19963,20323.31$0
Sep 19963,16722.22$0
Aug 19963,31520.26$0
Jul 19963,33419.55$0
Jun 19963,01018.73$0
May 19963,24419.43$0
Apr 19963,13521.51$0
Mar 19963,20319.38$0
Feb 19963,19116.98$0
Jan 19963,37117.07$0
Dec 19953,25917.19$0
Nov 19953,15216.00$0
Oct 19953,34715.43$0
Sep 19953,24616.18$0
Aug 19953,37415.92$0
Jul 19953,43415.24$0
Jun 19953,00516.41$0
May 19953,33817.56$0
Apr 19953,19617.73$0
Mar 19953,33816.44$0
Feb 19953,09416.58$0
Jan 19953,38815.92$0
Dec 19943,32515.03$0
Nov 19943,31715.90$0
Oct 19943,55615.58$0
Sep 19943,50815.29$0
Aug 19943,69016.13$0
Jul 19943,50117.56$0
Jun 19943,40117.09$0
May 19943,62015.88$0
Apr 19943,58914.14$0
Mar 19943,77412.46$0
Feb 19943,57112.50$0
Jan 19944,42812.66$0
Dec 19933,44112.33$0
Nov 19933,33014.49$0
Oct 19933,47715.85$0
Sep 19933,33815.03$0
Aug 19933,54615.66$0
Jul 19933,63215.46$0
Jun 19933,25116.79$0
May 19933,47617.68$0
Apr 19933,40418.05$0
Mar 19933,52718.14$0
Feb 19933,23717.90$0
Jan 19933,71916.93$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.

Jan 2002 — as filed, then multipliedworked
Gas                  143 Mcf  × $  2.38 =       $340

────────────────────────────────────────────────────
Month total                                     $340

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/27979 is the state's own key, not one this site invented.