HODGES

Operated by PETRO HALEY (P-5 660062) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 4990District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$663 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 918 leases and 8,177 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: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition9,554 bbl$525,674
Casinghead gasProduction36,961 Mcf$137,077
Total$662,752

13,533 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 (11)

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 35.8067, -101.4327. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.80593, -101.43438 · 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%
11 of 11 wells
With a plug date
100.0%
11 of 11 wells
Median depth
3,117 ft
11 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
11100.0%
A plug date is filed
11100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
11100.0%
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

Total depth in feet, 11 of 11 wells. Median 3,117 ft, with the middle half between 3,092 and 3,125 ft; the shallowest is 3,080 ft and the deepest 3,309 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

Plug dates filed
Feb 1987 – Oct 2023
11 of 11 wells

11 wells

42-233062941D3,309 ftFeb 1987Yes
42-23306296133,089 ftMar 1987Yes
42-2330922053,125 ftSep 2023Yes
42-23309232163,309 ftApr 2021Yes
42-2331173073,095 ftFeb 1987Yes
42-2338142833,125 ftSep 2023Yes
42-2338142913,117 ftSep 2023Yes
42-23381431103,119 ftSep 2023Yes
42-2338143543,083 ftSep 2023Yes
42-23385600173,110 ftOct 2023Yes
42-23385607113,080 ftOct 2023Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020105044.642.68$4,687
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015160038.792.17$6,206
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 2015169056.152.88$9,489
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 201403795.944.81$178
Mar 2014012995.895.06$652
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013023991.824.35$1,041
Nov 201316618588.853.74$15,441
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 201312358194.834.15$14,075
Apr 2013055093.964.28$2,355
Mar 20131671,17293.623.91$20,220
Feb 2013048491.233.42$1,655
Jan 2013016791.603.42$571
Dec 20120086.773.42$0
Nov 20121542386.953.62$13,474
Oct 201205289.383.40$177
Sep 2012032294.672.92$940
Aug 2012031492.662.91$913
Jul 201213731485.133.02$12,611
Jun 2012031079.822.52$781
May 2012014391.612.49$356
Apr 2012067101.652.00$134
Mar 201200105.052.22$0
Feb 20120112101.102.57$288
Jan 2012013798.092.73$375
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110283.623.99$8
Aug 201107083.404.15$290
Jul 20110094.144.52$0
Jun 2011150092.904.64$13,935
May 20110698.134.40$26
Apr 2011036105.964.33$156
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011146686.504.59$12,657
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010010078.103.51$351
Sep 2010016372.633.98$649
Aug 201016024873.684.42$12,885
Jul 201005972.554.74$279
Jun 2010014970.364.91$732
May 201016826571.124.24$13,070
Apr 201012634581.694.12$11,715
Mar 2010030478.394.39$1,334
Feb 2010019873.585.44$1,078
Jan 201017117174.365.96$13,735
Dec 2009024371.445.48$1,333
Nov 2009033574.593.75$1,257
Oct 2009021672.544.11$888
Sep 2009039265.543.06$1,201
Aug 20096743667.423.22$5,920
Jul 200910948861.133.46$8,354
Jun 200915237066.163.90$11,497
May 2009011154.743.93$436
Apr 200908346.773.59$298
Mar 200914918542.144.06$7,030
Feb 2009010732.814.63$496
Jan 2009013135.865.37$704
Dec 2008031437.105.98$1,877
Nov 200815126955.496.86$10,224
Oct 2008024875.246.92$1,717
Sep 20080100101.767.88$788
Aug 20080367114.228.48$3,113
Jul 2008163610131.0811.39$28,314
Jun 20080502131.3313.03$6,542
May 2008147579123.1711.57$24,808
Apr 20080491110.3110.45$5,133
Mar 2008155442101.909.66$20,066
Feb 200817842192.538.77$20,163
Jan 200817718390.388.21$17,499
Dec 200717736588.337.30$18,300
Nov 2007044691.677.29$3,252
Oct 200715365582.856.92$17,210
Sep 2007055175.846.24$3,441
Aug 200716547269.066.39$14,410
Jul 200716957770.906.39$15,668
Jun 200736048862.007.55$26,004
May 200735461658.747.85$25,627
Apr 2007032459.617.81$2,529
Mar 200729865656.927.30$21,752
Feb 20077529255.108.22$6,532
Jan 2007020350.306.73$1,366
Dec 20066813156.656.92$4,759
Nov 2006014354.207.62$1,089
Oct 200613810554.906.01$8,208
Sep 200612528660.085.04$8,951
Aug 20067716468.717.34$6,494
Jul 20067126069.376.34$6,574
Jun 200615924866.286.38$12,122
May 2006175066.016.42$11,552
Apr 2006148064.397.36$9,530
Mar 2006151056.707.08$8,562
Feb 2006131057.597.75$7,544
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200461034.475.86$2,103
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 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998128013.952.30$1,786
Jan 199801414.702.15$30
Dec 1997012416.322.41$299
Nov 1997019518.193.09$602
Oct 1997016019.253.15$504
Sep 199703217.742.95$95
Aug 199708717.862.55$222
Jul 199708917.582.25$200
Jun 19970617.242.26$14
May 199703218.972.31$74
Apr 199707417.882.08$154
Mar 1997013818.951.94$268
Feb 1997022020.492.21$485
Jan 1997019223.483.54$680
Dec 1996019223.32$0
Nov 1996026021.97$0
Oct 1996028423.31$0
Sep 1996013322.22$0
Aug 199607020.26$0
Jul 199608119.55$0
Jun 199605018.73$0
May 1996018219.43$0
Apr 1996024621.51$0
Mar 199615125519.38$2,926
Feb 199617125716.98$2,904
Jan 1996028117.07$0
Dec 1995025017.19$0
Nov 1995024916.00$0
Oct 1995027115.43$0
Sep 1995026316.18$0
Aug 1995028715.92$0
Jul 1995028315.24$0
Jun 1995022016.41$0
May 199514225317.56$2,494
Apr 1995024617.73$0
Mar 199512223816.44$2,006
Feb 1995018216.58$0
Jan 1995024915.92$0
Dec 199414536215.03$2,179
Nov 1994030015.90$0
Oct 199415431015.58$2,399
Sep 199415430615.29$2,355
Aug 1994031516.13$0
Jul 1994033917.56$0
Jun 1994030017.09$0
May 199416332315.88$2,588
Apr 1994029914.14$0
Mar 1994027812.46$0
Feb 199415231212.50$1,900
Jan 199418238612.66$2,304
Dec 199316439512.33$2,022
Nov 199315941514.49$2,304
Oct 199316239315.85$2,568
Sep 1993027915.03$0
Aug 199315533415.66$2,427
Jul 1993037115.46$0
Jun 199316240516.79$2,720
May 199316130617.68$2,846
Apr 1993036018.05$0
Mar 199316039318.14$2,902
Feb 1993037517.90$0
Jan 199316239516.93$2,743

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.

Dec 2020 — as filed, then multipliedworked
Oil                  105 bbl  × $ 44.64 =     $4,687
Casinghead gas         0 Mcf  × $  2.68 =         $0

────────────────────────────────────────────────────
Month total                                   $4,687

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/4990 is the state's own key, not one this site invented.