HINES, JOHNNY

Operated by EXXCEL PRODUCTION COMPANY (P-5 257092) in the PANHANDLE GRAY COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 418District 10Field 68873001NGPA filingOilCasinghead gasSaveExport
Value, all time
$474 k
Jan 1993 – Aug 2011
Value, last 12 filed months
$0
at the published price for each month
Months reported
224
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 837 leases and 6,360 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 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 1989-05-01.

The Commission's schedule remark for this field reads: UNTIL THE FLUID MIGRATION FROM SUCH STRATA IS ELIMINATED.

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
NGPA3none

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
OilDisposition9,479 bbl$264,728
Casinghead gasProduction65,603 Mcf$209,025
Total$473,753

15,890 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 (4)

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 35.4911, -101.0097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

35.49103, -101.00966 · 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%
4 of 4 wells
With a plug date
75.0%
3 of 4 wells
Median depth
3,275 ft
4 wells filed one
Completion to plug
64.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
375.0%
BothOn the schedule and plugged. Neither fact cancels the other.
375.0%
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 3,260 and 3,336 ft, median 3,275 ft, over the 4 wells that filed a depth.

Completions filed
Dec 1945 – Jun 1999
2 of 4 wells; 2 filed none
Plug dates filed
Jul 1983 – Nov 2010
3 of 4 wells; 1 filed none

Last completion to plug: a median of 64.9 years across the 1 well that filed both dates, with the middle half between 64.9 years and 64.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-179822222W3,280 ftNov 1983Yes
42-1798222333,260 ftJul 1983Yes
42-1790639043,270 ftJun 1999Yes
42-1790638713,336 ftDec 1945Nov 2010Yes

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 (224)

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

224 months

Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008164155.496.86$9,107
Oct 20080175.246.92$7
Sep 200801101.767.88$8
Aug 200801114.228.48$8
Jul 200801131.0811.39$11
Jun 200801131.3313.03$13
May 200801123.1711.57$12
Apr 200801110.3110.45$10
Mar 200801101.909.66$10
Feb 20080192.538.77$9
Jan 200825190.388.21$2,268
Dec 20070188.337.30$7
Nov 20070091.677.29$0
Oct 2007030482.856.92$2,104
Sep 2007023475.846.24$1,461
Aug 20071593269.066.39$11,185
Jul 200705270.906.39$332
Jun 20070362.007.55$23
May 200702958.747.85$228
Apr 200716325359.617.81$11,691
Mar 2007026156.927.30$1,906
Feb 2007011455.108.22$937
Jan 2007023750.306.73$1,594
Dec 200612222556.656.92$8,468
Nov 2006028954.207.62$2,201
Oct 2006025754.906.01$1,546
Sep 2006025460.085.04$1,279
Aug 200613927468.717.34$11,562
Jul 2006023969.376.34$1,516
Jun 2006024766.286.38$1,577
May 200616625966.016.42$12,622
Apr 2006023764.397.36$1,744
Mar 200611727656.707.08$8,589
Feb 2006034357.597.75$2,659
Jan 2006016960.598.93$1,510
Dec 200512218054.9413.42$9,117
Nov 2005030254.6910.59$3,198
Oct 2005043758.3413.80$6,029
Sep 2005024661.4512.08$2,971
Aug 200514226861.519.80$11,360
Jul 2005028055.697.84$2,196
Jun 200513723252.337.38$8,882
May 2005029845.226.65$1,982
Apr 2005029249.207.36$2,149
Mar 200511724550.377.15$7,646
Feb 2005019645.226.31$1,237
Jan 2005026443.166.32$1,669
Dec 200416229239.866.75$8,429
Nov 2004031545.286.33$1,994
Oct 2004098049.706.52$6,385
Sep 200414259743.245.28$9,295
Aug 2004027742.375.55$1,538
Jul 200416524438.286.08$7,801
Jun 2004026536.106.43$1,705
May 2004026837.486.49$1,741
Apr 2004027834.475.86$1,629
Mar 200415931934.365.53$7,227
Feb 2004027232.455.51$1,499
Jan 2004019732.036.30$1,241
Dec 200316433030.266.30$7,042
Nov 2003035228.804.60$1,618
Oct 2003037028.174.76$1,761
Sep 200316039926.314.75$6,105
Aug 2003034529.765.13$1,770
Jul 2003037729.415.17$1,949
Jun 200315948328.565.98$7,431
May 2003034726.595.97$2,073
Apr 2003036126.675.41$1,952
Mar 200315540531.146.10$7,296
Feb 2003031133.487.93$2,465
Jan 2003029030.315.58$1,619
Dec 2002027326.914.85$1,325
Nov 200216237824.664.14$5,559
Oct 2002041026.464.23$1,734
Sep 2002036927.443.64$1,341
Aug 20029919725.963.16$3,193
Jul 200216139324.583.06$5,161
Jun 2002035523.733.34$1,185
May 2002061124.663.58$2,190
Apr 200212372323.653.51$5,448
Mar 2002072322.003.10$2,243
Feb 200214118218.222.38$3,001
Jan 2002042317.172.38$1,005
Dec 2001033516.932.36$792
Nov 200115729618.072.41$3,549
Oct 2001034219.782.53$865
Sep 2001033824.262.25$761
Aug 200115544724.873.05$5,220
Jul 200103623.933.20$115
Jun 2001051224.563.82$1,958
May 200115737625.524.31$5,626
Apr 2001053224.685.34$2,838
Mar 200115251724.545.38$6,510
Feb 2001029827.755.77$1,719
Jan 2001031327.478.40$2,629
Dec 2000038826.889.12$3,540
Nov 200015849132.215.66$7,867
Oct 2000028531.235.15$1,466
Sep 2000027731.875.19$1,437
Aug 200016221829.644.54$5,792
Jul 2000026328.534.09$1,076
Jun 200016229929.304.40$6,061
May 2000026027.263.68$957
Apr 200015929124.513.12$4,804
Mar 2000028828.422.86$824
Feb 2000026727.622.73$728
Jan 200014327625.272.48$4,298
Dec 1999025524.282.42$618
Nov 1999033723.192.43$820
Oct 19999449820.982.80$3,368
Sep 1999020221.752.62$529
Aug 199913831219.262.88$3,555
Jul 1999036717.892.37$871
Jun 1999012015.942.36$283
May 19991312,23415.792.32$7,254
Apr 199903,83815.102.21$8,475
Mar 19991583,76712.471.84$8,895
Feb 19991041,5279.981.82$3,814
Jan 1999060410.381.90$1,148
Dec 199802569.201.77$454
Nov 19986628510.892.19$1,342
Oct 199814030512.421.97$2,339
Sep 1998027812.592.08$579
Aug 199814329311.301.91$2,175
Jul 19984227711.742.24$1,113
Jun 1998026711.242.24$597
May 1998030512.622.21$673
Apr 1998025713.042.51$644
Mar 199816026212.802.31$2,653
Feb 1998023113.952.30$531
Jan 1998024214.702.15$521
Dec 199710223116.322.41$2,222
Nov 1997017718.193.09$547
Oct 199706219.253.15$195
Sep 1997026217.742.95$774
Aug 19972630117.862.55$1,233
Jul 19979230217.582.25$2,296
Jun 19975327317.242.26$1,530
May 199712430818.972.31$3,063
Apr 1997027217.882.08$567
Mar 19976128718.951.94$1,712
Feb 1997021420.492.21$472
Jan 19977620923.483.54$2,524
Dec 19967028523.32$1,632
Nov 1996027621.97$0
Oct 19967428023.31$1,725
Sep 19967426322.22$1,644
Aug 19969926920.26$2,006
Jul 1996028319.55$0
Jun 19967527718.73$1,405
May 199611427319.43$2,215
Apr 1996025921.51$0
Mar 199615419119.38$2,985
Feb 1996021016.98$0
Jan 199613225417.07$2,253
Dec 1995028817.19$0
Nov 1995031916.00$0
Oct 199514729515.43$2,268
Sep 1995027916.18$0
Aug 19957427115.92$1,178
Jul 1995031215.24$0
Jun 199514730816.41$2,412
May 1995032617.56$0
Apr 199514432917.73$2,553
Mar 1995032816.44$0
Feb 199514927416.58$2,470
Jan 1995029815.92$0
Dec 19945227715.03$782
Nov 199412927715.90$2,051
Oct 1994030315.58$0
Sep 1994027615.29$0
Aug 199414730516.13$2,371
Jul 1994029717.56$0
Jun 1994028917.09$0
May 199413029915.88$2,064
Apr 1994029314.14$0
Mar 199415229512.46$1,894
Feb 1994027512.50$0
Jan 1994030512.66$0
Dec 199311931912.33$1,467
Nov 1993088214.49$0
Oct 199312096415.85$1,902
Sep 1993092515.03$0
Aug 199313156615.66$2,051
Jul 1993031715.46$0
Jun 199312930116.79$2,166
May 1993030617.68$0
Apr 199314727818.05$2,653
Mar 1993027518.14$0
Feb 1993025217.90$0
Jan 199313026716.93$2,201

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 2008 — as filed, then multipliedworked
Oil                  164 bbl  × $ 55.49 =     $9,100
Casinghead gas         1 Mcf  × $  6.86 =         $7

────────────────────────────────────────────────────
Month total                                   $9,107

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/418 is the state's own key, not one this site invented.