HODGES

Operated by QUESTA ENERGY CORPORATION (P-5 684634) 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 4383District 10Field 41878500NGPA filingOilCasinghead gasSaveExport
Value, all time
$766 k
Jan 1993 – Sep 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
273
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
OilDisposition3,245 bbl$164,298
Casinghead gasProduction149,368 Mcf$601,294
Total$765,592

30,345 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 36.0442, -100.7077. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.04425, -100.70769 · 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
0.0%
0 of 1 wells
Median depth
8,300 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 8,300 ft.

Completions filed
Nov 2005
1 of 1 wells

1 well

42-3933066220398,300 ftNov 2005Yes

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 (273)

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

273 months

Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 201420543695.895.06$21,862
Feb 2014050297.406.19$3,108
Jan 2014064290.404.86$3,121
Dec 2013043391.824.35$1,885
Nov 2013055688.853.74$2,078
Oct 2013070197.423.78$2,649
Sep 20130682104.113.72$2,536
Aug 20130740104.253.52$2,607
Jul 20130756102.523.72$2,811
Jun 2013053794.403.93$2,112
May 2013028694.834.15$1,187
Apr 2013021193.964.28$904
Mar 2013027593.623.91$1,076
Feb 2013024691.233.42$841
Jan 2013017391.603.42$592
Dec 2012022986.773.42$783
Nov 2012070986.953.62$2,570
Oct 2012056689.383.40$1,924
Sep 201216554294.672.92$17,202
Aug 2012054692.662.91$1,588
Jul 2012051885.133.02$1,565
Jun 2012051479.822.52$1,295
May 2012054891.612.49$1,364
Apr 20120557101.652.00$1,112
Mar 20120765105.052.22$1,700
Feb 20120749101.102.57$1,925
Jan 2012080898.092.73$2,209
Dec 2011077896.873.24$2,521
Nov 2011075295.723.31$2,490
Oct 2011081384.983.65$2,966
Sep 2011079083.623.99$3,149
Aug 2011083183.404.15$3,448
Jul 2011083194.144.52$3,754
Jun 2011077192.904.64$3,577
May 2011079098.134.40$3,480
Apr 20110742105.964.33$3,215
Mar 2011077196.364.06$3,128
Feb 2011064085.644.18$2,675
Jan 2011070086.504.59$3,212
Dec 201018771285.734.35$19,127
Nov 2010069580.843.80$2,638
Oct 2010070378.103.51$2,467
Sep 2010039172.633.98$1,556
Aug 2010046473.684.42$2,051
Jul 2010043272.554.74$2,046
Jun 2010039870.364.91$1,954
May 2010042271.124.24$1,787
Apr 2010038881.694.12$1,600
Mar 2010057578.394.39$2,523
Feb 2010045773.585.44$2,487
Jan 2010052674.365.96$3,137
Dec 2009052171.445.48$2,857
Nov 200918847574.593.75$15,805
Oct 2009050972.544.11$2,092
Sep 2009048565.543.06$1,486
Aug 2009037167.423.22$1,194
Jul 2009048861.133.46$1,691
Jun 2009052266.163.90$2,033
May 2009052654.743.93$2,065
Apr 2009062546.773.59$2,242
Mar 2009053042.144.06$2,151
Feb 2009046332.814.63$2,145
Jan 2009062435.865.37$3,352
Dec 2008096437.105.98$5,762
Nov 2008057355.496.86$3,931
Oct 2008057075.246.92$3,946
Sep 20080543101.767.88$4,277
Aug 20080956114.228.48$8,110
Jul 20080981131.0811.39$11,173
Jun 2008185953131.3313.03$36,716
May 20080982123.1711.57$11,366
Apr 20080977110.3110.45$10,214
Mar 200801,044101.909.66$10,089
Feb 2008097392.538.77$8,534
Jan 2008098990.388.21$8,115
Dec 2007096188.337.30$7,017
Nov 2007094791.677.29$6,905
Oct 200701,05482.856.92$7,296
Sep 2007096275.846.24$6,007
Aug 2007073769.066.39$4,708
Jul 2007069370.906.39$4,427
Jun 2007020462.007.55$1,540
May 200719054758.747.85$15,453
Apr 2007064759.617.81$5,050
Mar 2007062456.927.30$4,556
Feb 2007010855.108.22$887
Jan 2007061650.306.73$4,144
Dec 200601,21856.656.92$8,427
Nov 2006092054.207.62$7,008
Oct 200601,17954.906.01$7,090
Sep 200601,20960.085.04$6,090
Aug 200601,22068.717.34$8,955
Jul 20061881,26169.376.34$21,040
Jun 200601,25866.286.38$8,031
May 200601,15666.016.42$7,427
Apr 200601,44264.397.36$10,614
Mar 200601,29556.707.08$9,172
Feb 200601,25957.597.75$9,759
Jan 20061841,53460.598.93$24,852
Dec 200501,82254.9413.42$24,443
Nov 2005094254.6910.59$9,974
Oct 20051912158.3413.80$11,433
Sep 200502661.4512.08$314
Aug 200501061.519.80$98
Jul 200507355.697.84$573
Jun 200504252.337.38$310
May 2005011845.226.65$785
Apr 2005013649.207.36$1,001
Mar 2005026950.377.15$1,925
Feb 2005043545.226.31$2,746
Jan 2005014843.166.32$936
Dec 2004019639.866.75$1,323
Nov 2004020045.286.33$1,266
Oct 2004043549.706.52$2,834
Sep 2004033743.245.28$1,781
Aug 2004040542.375.55$2,248
Jul 2004053738.286.08$3,267
Jun 2004075336.106.43$4,844
May 200401,55937.486.49$10,125
Apr 200402,54034.475.86$14,880
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002021124.583.06$646
Jun 2002045323.733.34$1,512
May 2002056824.663.58$2,036
Apr 2002053123.653.51$1,865
Mar 2002054322.003.10$1,685
Feb 2002053318.222.38$1,266
Jan 2002055417.172.38$1,316
Dec 2001054716.932.36$1,293
Nov 2001055218.072.41$1,328
Oct 2001056019.782.53$1,416
Sep 20016554724.262.25$2,808
Aug 2001056424.873.05$1,722
Jul 2001061123.933.20$1,953
Jun 2001040724.563.82$1,556
May 2001050925.524.31$2,192
Apr 2001055324.685.34$2,950
Mar 2001050824.545.38$2,731
Feb 2001053927.755.77$3,108
Jan 2001044327.478.40$3,721
Dec 20003654626.889.12$5,949
Nov 2000056032.215.66$3,168
Oct 2000057131.235.15$2,938
Sep 2000051331.875.19$2,661
Aug 2000050829.644.54$2,307
Jul 20003753328.534.09$3,235
Jun 2000055229.304.40$2,427
May 2000059127.263.68$2,175
Apr 20005259724.513.12$3,135
Mar 20004562928.422.86$3,078
Feb 2000059427.622.73$1,620
Jan 2000062325.272.48$1,545
Dec 1999056824.282.42$1,377
Nov 19996750223.192.43$2,776
Oct 1999057020.982.80$1,598
Sep 1999042121.752.62$1,103
Aug 1999051219.262.88$1,472
Jul 1999061817.892.37$1,466
Jun 1999059815.942.36$1,413
May 1999063515.792.32$1,474
Apr 19999562815.102.21$2,821
Mar 1999061512.471.84$1,131
Feb 199905809.981.82$1,054
Jan 1999060410.381.90$1,148
Dec 199806669.201.77$1,181
Nov 1998077710.892.19$1,698
Oct 1998067512.421.97$1,329
Sep 1998065912.592.08$1,372
Aug 1998070411.301.91$1,343
Jul 199813270211.742.24$3,120
Jun 1998068211.242.24$1,526
May 1998073512.622.21$1,622
Apr 1998074013.042.51$1,854
Mar 1998082612.802.31$1,908
Feb 1998073013.952.30$1,678
Jan 1998023414.702.15$504
Dec 1997031016.322.41$747
Nov 1997029818.193.09$920
Oct 1997059719.253.15$1,880
Sep 1997062317.742.95$1,841
Aug 1997066217.862.55$1,691
Jul 1997067917.582.25$1,526
Jun 199712564817.242.26$3,618
May 1997067618.972.31$1,561
Apr 1997065617.882.08$1,366
Mar 1997068818.951.94$1,334
Feb 1997062820.492.21$1,385
Jan 1997072923.483.54$2,580
Dec 1996064423.32$0
Nov 1996050421.97$0
Oct 1996063323.31$0
Sep 1996064422.22$0
Aug 19968668420.26$1,742
Jul 1996067419.55$0
Jun 1996033118.73$0
May 1996030219.43$0
Apr 1996037021.51$0
Mar 1996036319.38$0
Feb 199616345116.98$2,768
Jan 1996067017.07$0
Dec 1995067017.19$0
Nov 1995063416.00$0
Oct 1995063815.43$0
Sep 1995053316.18$0
Aug 1995046115.92$0
Jul 1995059615.24$0
Jun 199517665016.41$2,888
May 1995068417.56$0
Apr 1995065717.73$0
Mar 1995068016.44$0
Feb 1995062716.58$0
Jan 1995070215.92$0
Dec 1994069815.03$0
Nov 1994067615.90$0
Oct 1994070815.58$0
Sep 199418369715.29$2,798
Aug 1994073116.13$0
Jul 1994074317.56$0
Jun 1994074417.09$0
May 1994080015.88$0
Apr 1994082014.14$0
Mar 1994082512.46$0
Feb 1994043112.50$0
Jan 1994065612.66$0
Dec 1993076312.33$0
Nov 1993033414.49$0
Oct 1993154115.85$16
Sep 1993163315.03$15
Aug 199311673315.66$1,817
Jul 1993073415.46$0
Jun 1993071016.79$0
May 1993073617.68$0
Apr 199318272518.05$3,285
Mar 1993077618.14$0
Feb 1993070717.90$0
Jan 1993062216.93$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.

Mar 2014 — as filed, then multipliedworked
Oil                  205 bbl  × $ 95.89 =    $19,657
Casinghead gas       436 Mcf  × $  5.06 =     $2,205

────────────────────────────────────────────────────
Month total                                  $21,862

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/4383 is the state's own key, not one this site invented.