HOLT

Operated by STRAT LAND EXPLORATION COMPANY (P-5 825420) in the HUTCHINSON, N. (MISSISSIPPIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5060District 10Field 43850450OilCasinghead gasSaveExport
Value, all time
$361 k
Jan 1993 – Apr 2005
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
148
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 8 leases and 10 wells, and the rule below applies to all of them.

Discovered
1981-01-05
as the register files it
Field class
Oil
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: 80 ACRE UNITS WITH 40 ACRE OPTION, MAX DIAG 2100

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
OilDisposition17,752 bbl$361,235
Casinghead gasProduction95 Mcf$138
Total$361,372

47 Mcf of this lease's gas, across 47 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 36.0353, -101.2817. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.03529, -101.28172 · 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
6,950 ft
1 wells filed one
Completion to plug
1 month
median over 1 well

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 6,950 ft.

Completions filed
Aug 2004
1 of 1 wells
Plug dates filed
Sep 2004
1 of 1 wells

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

1 well

42-2333123916,950 ftAug 2004Sep 2004Yes

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 (148)

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

148 months

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 2004183036.106.43$6,606
May 20040037.486.49$0
Apr 2004177034.475.86$6,101
Mar 20040034.365.53$0
Feb 2004181032.455.51$5,873
Jan 2004179032.036.30$5,733
Dec 20030030.266.30$0
Nov 2003182028.804.60$5,242
Oct 20030028.174.76$0
Sep 2003180026.314.75$4,736
Aug 2003174029.765.13$5,178
Jul 20030029.415.17$0
Jun 2003180028.565.98$5,141
May 2003181026.595.97$4,813
Apr 20030026.675.41$0
Mar 2003184031.146.10$5,730
Feb 20030033.487.93$0
Jan 2003180030.315.58$5,456
Dec 2002186026.914.85$5,005
Nov 2002175024.664.14$4,316
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002183025.963.16$4,751
Jul 2002190024.583.06$4,670
Jun 20020023.733.34$0
May 2002182024.663.58$4,488
Apr 2002179023.653.51$4,233
Mar 20020022.003.10$0
Feb 2002179018.222.38$3,261
Jan 2002180017.172.38$3,091
Dec 20010016.932.36$0
Nov 2001185018.072.41$3,343
Oct 2001187019.782.53$3,699
Sep 20010024.262.25$0
Aug 2001189024.873.05$4,700
Jul 2001189023.933.20$4,523
Jun 2001176024.563.82$4,323
May 20010025.524.31$0
Apr 2001201024.685.34$4,961
Mar 20010024.545.38$0
Feb 2001203027.755.77$5,633
Jan 20010027.478.40$0
Dec 2000203126.889.12$5,466
Nov 2000199132.215.66$6,415
Oct 20000131.235.15$5
Sep 2000201131.875.19$6,411
Aug 2000194129.644.54$5,755
Jul 2000194128.534.09$5,539
Jun 20000129.304.40$4
May 2000193127.263.68$5,265
Apr 20000124.513.12$3
Mar 2000195128.422.86$5,545
Feb 2000194127.622.73$5,361
Jan 20000125.272.48$2
Dec 1999199124.282.42$4,834
Nov 1999194123.192.43$4,501
Oct 19990120.982.80$3
Sep 1999184121.752.62$4,005
Aug 1999191119.262.88$3,682
Jul 19990117.892.37$2
Jun 1999193115.942.36$3,079
May 1999192115.792.32$3,034
Apr 19990115.102.21$2
Mar 1999195112.471.84$2,433
Feb 199919319.981.82$1,928
Jan 19990110.381.90$2
Dec 199819019.201.77$1,750
Nov 1998192110.892.19$2,093
Oct 1998186112.421.97$2,312
Sep 19980112.592.08$2
Aug 1998193111.301.91$2,183
Jul 1998184111.742.24$2,162
Jun 1998189111.242.24$2,127
May 1998191112.622.21$2,413
Apr 19980113.042.51$3
Mar 1998191112.802.31$2,447
Feb 1998195113.952.30$2,723
Jan 19980114.702.15$2
Dec 1997189116.322.41$3,087
Nov 19970118.193.09$3
Oct 1997186119.253.15$3,584
Sep 1997188117.742.95$3,338
Aug 1997185117.862.55$3,307
Jul 1997185117.582.25$3,255
Jun 1997177117.242.26$3,054
May 1997189118.972.31$3,588
Apr 19970117.882.08$2
Mar 1997194118.951.94$3,678
Feb 1997195120.492.21$3,998
Jan 1997194123.483.54$4,559
Dec 19960123.32$0
Nov 1996192121.97$4,218
Oct 1996197123.31$4,592
Sep 1996185122.22$4,111
Aug 19960120.26$0
Jul 1996177119.55$3,460
Jun 1996182118.73$3,409
May 1996190119.43$3,692
Apr 1996198121.51$4,259
Mar 19960119.38$0
Feb 1996190116.98$3,226
Jan 1996192117.07$3,277
Dec 1995209117.19$3,593
Nov 19950116.00$0
Oct 1995189115.43$2,916
Sep 1995182116.18$2,945
Aug 1995177115.92$2,818
Jul 1995180115.24$2,743
Jun 1995189116.41$3,101
May 1995201117.56$3,530
Apr 19950117.73$0
Mar 1995190116.44$3,124
Feb 1995186116.58$3,084
Jan 1995186115.92$2,961
Dec 19940115.03$0
Nov 1994196115.90$3,116
Oct 1994190115.58$2,960
Sep 1994187115.29$2,859
Aug 199450116.13$807
Jul 1994191117.56$3,354
Jun 1994187117.09$3,196
May 1994186115.88$2,954
Apr 1994188114.14$2,658
Mar 19940112.46$0
Feb 1994193112.50$2,413
Jan 1994187112.66$2,367
Dec 19930112.33$0
Nov 1993198114.49$2,869
Oct 19930115.85$0
Sep 1993187115.03$2,811
Aug 19930115.66$0
Jul 1993177115.46$2,736
Jun 19930116.79$0
May 19930117.68$0
Apr 1993180118.05$3,249
Mar 19930118.14$0
Feb 1993187117.90$3,347
Jan 19934016.93$68

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.

Jun 2004 — as filed, then multipliedworked
Oil                  183 bbl  × $ 36.10 =     $6,606
Casinghead gas         0 Mcf  × $  6.43 =         $0

────────────────────────────────────────────────────
Month total                                   $6,606

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/5060 is the state's own key, not one this site invented.