HODGES -A-

Operated by LINN OPERATING, INC. (P-5 501545) in the HODGES (DES MOINES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3521District 10Field 41878500NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Nov 2013
Value, last 12 filed months
$0
at the published price for each month
Months reported
251
no gaps in the span
Streams
2
oil, casinghead 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 31 leases and 43 wells, and the rule below applies to all of them.

Discovered
1967-11-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: PERMITS.

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
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
OilDisposition9,082 bbl$263,836
Casinghead gasProduction350,068 Mcf$1,066,039
Total$1,329,875

102,837 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 (2)

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 36.0334, -100.7401. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

36.03343, -100.74010 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
9,134 ft
2 wells filed one
Completion to plug
26.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 8,010 and 10,257 ft, median 9,134 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1967 – Sep 2004
2 of 2 wells
Plug dates filed
Nov 2012
2 of 2 wells

Last completion to plug: a median of 26.8 years across the 2 wells that filed both dates, with the middle half between 17.5 years and 36.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3933064020528,010 ftSep 2004Nov 2012Yes
42-39320010205110,257 ftJul 1967Nov 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 (251)

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

251 months

Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012173186.953.62$15,046
Oct 20120189.383.40$3
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120191.612.49$2
Apr 2012381101.652.00$3,865
Mar 201201105.052.22$2
Feb 201201101.102.57$3
Jan 20120298.092.73$5
Dec 20110296.873.24$6
Nov 20110295.723.31$7
Oct 2011034784.983.65$1,266
Sep 201101,50583.623.99$5,999
Aug 20111271,35083.404.15$16,193
Jul 201101,18094.144.52$5,330
Jun 20110192.904.64$5
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110886.504.59$37
Dec 20100085.734.35$0
Nov 20100880.843.80$30
Oct 201001078.103.51$35
Sep 20100872.633.98$32
Aug 201001073.684.42$44
Jul 20100672.554.74$28
Jun 20100970.364.91$44
May 201001971.124.24$80
Apr 2010069781.694.12$2,874
Mar 2010019578.394.39$856
Feb 201006973.585.44$376
Jan 2010029974.365.96$1,783
Dec 200905271.445.48$285
Nov 2009012874.593.75$480
Oct 200908472.544.11$345
Sep 200908365.543.06$254
Aug 2009040367.423.22$1,297
Jul 2009055961.133.46$1,937
Jun 2009052766.163.90$2,053
May 2009023054.743.93$903
Apr 2009012346.773.59$441
Mar 2009019642.144.06$796
Feb 200915260532.814.63$7,790
Jan 200906035.865.37$322
Dec 200803837.105.98$227
Nov 20080955.496.86$62
Oct 20080575.246.92$35
Sep 200806101.767.88$47
Aug 20080249114.228.48$2,112
Jul 2008014131.0811.39$159
Jun 200806131.3313.03$78
May 20080397123.1711.57$4,595
Apr 20080188110.3110.45$1,966
Mar 2008037101.909.66$358
Feb 2008014992.538.77$1,307
Jan 2008071690.388.21$5,875
Dec 2007027088.337.30$1,972
Nov 2007073091.677.29$5,323
Oct 2007081682.856.92$5,648
Sep 2007078975.846.24$4,927
Aug 2007094269.066.39$6,017
Jul 200701,64170.906.39$10,483
Jun 20071531,37262.007.55$19,842
May 200701,61858.747.85$12,695
Apr 200701,49759.617.81$11,684
Mar 200701,58356.927.30$11,559
Feb 200701,43755.108.22$11,806
Jan 200701,43650.306.73$9,660
Dec 200601,98856.656.92$13,754
Nov 20061551,76454.207.62$21,838
Oct 200602,07754.906.01$12,491
Sep 200601,87560.085.04$9,445
Aug 200602,48368.717.34$18,225
Jul 20061881,89169.376.34$25,036
Jun 20061962,12966.286.38$26,582
May 200602,72566.016.42$17,508
Apr 200602,01064.397.36$14,795
Mar 20061952,36656.707.08$27,815
Feb 200602,20957.597.75$17,122
Jan 20065722,36860.598.93$55,812
Dec 200502,31654.9413.42$31,070
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050761.4512.08$85
Aug 20050161.519.80$10
Jul 20050555.697.84$39
Jun 20050352.337.38$22
May 200502945.226.65$193
Apr 20050749.207.36$52
Mar 2005051950.377.15$3,713
Feb 2005069445.226.31$4,380
Jan 2005080743.166.32$5,102
Dec 2004078739.866.75$5,313
Nov 2004080545.286.33$5,096
Oct 200420286449.706.52$15,668
Sep 200401,66943.245.28$8,819
Aug 2004098342.375.55$5,456
Jul 200401,67438.286.08$10,185
Jun 200401,64836.106.43$10,602
May 200401,75037.486.49$11,366
Apr 200401,77734.475.86$10,410
Mar 200401,72734.365.53$9,551
Feb 200401,72732.455.51$9,515
Jan 200401,95832.036.30$12,335
Dec 200301,86130.266.30$11,727
Nov 200301,82428.804.60$8,382
Oct 200301,89528.174.76$9,020
Sep 200301,88026.314.75$8,929
Aug 200301,64329.765.13$8,428
Jul 200301,65729.415.17$8,568
Jun 20031981,56928.565.98$15,042
May 2003023126.595.97$1,380
Apr 20031961,65426.675.41$14,171
Mar 200301,60131.146.10$9,760
Feb 2003028533.487.93$2,259
Jan 200301,46930.315.58$8,200
Dec 200201,57026.914.85$7,620
Nov 20022011,65724.664.14$11,812
Oct 200201,55826.464.23$6,589
Sep 200201,62927.443.64$5,922
Aug 200201,81025.963.16$5,727
Jul 200202,11224.583.06$6,466
Jun 200202,02923.733.34$6,773
May 200202,04124.663.58$7,315
Apr 200201,92223.653.51$6,751
Mar 20022012,04922.003.10$10,779
Feb 200201,79718.222.38$4,269
Jan 200202,01217.172.38$4,780
Dec 200102,05216.932.36$4,852
Nov 200101,98518.072.41$4,775
Oct 200102,02319.782.53$5,116
Sep 200102,13224.262.25$4,800
Aug 200102,12524.873.05$6,488
Jul 200102,12123.933.20$6,781
Jun 200101,79924.563.82$6,880
May 20011892,42925.524.31$15,286
Apr 200102,37324.685.34$12,661
Mar 20011941,57924.545.38$13,250
Feb 200101,28027.755.77$7,382
Jan 200101,82127.478.40$15,294
Dec 200002,19426.889.12$20,015
Nov 200002,14632.215.66$12,142
Oct 200002,34831.235.15$12,082
Sep 200001,84831.875.19$9,585
Aug 200002,31729.644.54$10,521
Jul 200002,30928.534.09$9,443
Jun 200002,28929.304.40$10,065
May 200002,40627.263.68$8,853
Apr 20001992,30424.513.12$12,057
Mar 200002,38328.422.86$6,815
Feb 200002,23527.622.73$6,094
Jan 200002,38725.272.48$5,921
Dec 19992022,39024.282.42$10,697
Nov 199902,31423.192.43$5,632
Oct 199902,32120.982.80$6,507
Sep 19992062,25321.752.62$10,381
Aug 199902,34219.262.88$6,735
Jul 199902,36017.892.37$5,599
Jun 199902,28315.942.36$5,393
May 199902,35915.792.32$5,475
Apr 199902,27415.102.21$5,021
Mar 19991991,64812.471.84$5,511
Feb 199902,0999.981.82$3,816
Jan 199902,23110.381.90$4,239
Dec 199802,3609.201.77$4,185
Nov 199802,29910.892.19$5,025
Oct 19982122,46312.421.97$7,483
Sep 199802,42612.592.08$5,052
Aug 199802,46911.301.91$4,709
Jul 19982062,56611.742.24$8,159
Jun 199802,44111.242.24$5,461
May 199802,49512.622.21$5,505
Apr 19982102,29513.042.51$8,488
Mar 199802,38112.802.31$5,499
Feb 199802,16613.952.30$4,980
Jan 199802,38014.702.15$5,128
Dec 199702,33416.322.41$5,628
Nov 19971972,28418.193.09$10,637
Oct 199702,33019.253.15$7,339
Sep 199702,72217.742.95$8,043
Aug 199702,45917.862.55$6,282
Jul 19971892,43717.582.25$8,798
Jun 199702,41817.242.26$5,458
May 199702,41718.972.31$5,580
Apr 19971972,27517.882.08$8,261
Mar 199702,38218.951.94$4,619
Feb 199702,20620.492.21$4,866
Jan 19971852,34223.483.54$12,634
Dec 199602,34823.32$0
Nov 19961872,26121.97$4,108
Oct 199602,37723.31$0
Sep 199602,34922.22$0
Aug 19961892,41020.26$3,829
Jul 199602,28719.55$0
Jun 199602,22718.73$0
May 19961922,38419.43$3,731
Apr 199602,30121.51$0
Mar 199602,37619.38$0
Feb 19961812,13316.98$3,073
Jan 199602,26017.07$0
Dec 199502,34617.19$0
Nov 19951872,25316.00$2,992
Oct 1995010915.43$0
Sep 19951892,34416.18$3,058
Aug 199502,52915.92$0
Jul 199502,40715.24$0
Jun 19952012,39016.41$3,298
May 199502,46017.56$0
Apr 199502,24717.73$0
Mar 19951891,33716.44$3,107
Feb 199502,07916.58$0
Jan 199502,37215.92$0
Dec 19941772,35215.03$2,660
Nov 199402,26415.90$0
Oct 19941812,30115.58$2,820
Sep 199402,23815.29$0
Aug 199402,30816.13$0
Jul 19945822,41417.56$10,220
Jun 199402,26517.09$0
May 199402,40915.88$0
Apr 199402,36514.14$0
Mar 199402,24212.46$0
Feb 1994050712.50$0
Jan 199402,49512.66$0
Dec 19931742,47312.33$2,145
Nov 199302,33414.49$0
Oct 19931912,33015.85$3,027
Sep 199302,36515.03$0
Aug 199302,40715.66$0
Jul 199317325115.46$2,675
Jun 199302,34316.79$0
May 19931752,43817.68$3,094
Apr 199302,35918.05$0
Mar 19931842,31718.14$3,338
Feb 199309317.90$0
Jan 19931982,38116.93$3,352

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.

Nov 2012 — as filed, then multipliedworked
Oil                  173 bbl  × $ 86.95 =    $15,042
Casinghead gas         1 Mcf  × $  3.62 =         $4

────────────────────────────────────────────────────
Month total                                  $15,046

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/O/3521 is the state's own key, not one this site invented.