HANCOCK, J.D. ET AL

Operated by BP AMERICA PRODUCTION COMPANY (P-5 40798) in the HORIZON (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5288District 10Field 42597332NGPA filingOilCasinghead gasSaveExport
Value, all time
$125 k
Jan 1993 – Jan 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
181
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 172 leases and 292 wells, and the rule below applies to all of them.

Discovered
1957-09-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1958-06-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

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
OilDisposition5,524 bbl$92,226
Casinghead gasProduction55,379 Mcf$32,423
Total$124,649

42,055 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 36.0882, -100.8855. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

36.08817, -100.88554 · 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
7,996 ft
2 wells filed one
Completion to plug
20.3 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 7,302 and 8,690 ft, median 7,996 ft, over the 2 wells that filed a depth.

Completions filed
Dec 1982 – Aug 1985
2 of 2 wells
Plug dates filed
May 2001 – Nov 2007
2 of 2 wells

Last completion to plug: a median of 20.3 years across the 2 wells that filed both dates, with the middle half between 18.1 years and 22.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3573168957,302 ftAug 1985May 2001Yes
42-3570059818,690 ftDec 1982Nov 2007Yes

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 (181)

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

181 months

Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
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 20040034.475.86$0
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 199829258110.892.19$4,450
Oct 1998060412.421.97$1,189
Sep 1998036212.592.08$754
Aug 1998039511.301.91$753
Jul 1998047511.742.24$1,063
Jun 1998023111.242.24$517
May 199824214312.622.21$3,370
Apr 1998029613.042.51$742
Mar 1998082912.802.31$1,915
Feb 1998074013.952.30$1,701
Jan 1998087214.702.15$1,879
Dec 199733352916.322.41$6,710
Nov 1997058918.193.09$1,819
Oct 1997085619.253.15$2,696
Sep 1997077617.742.95$2,293
Aug 1997081717.862.55$2,087
Jul 199731778517.582.25$7,337
Jun 1997086317.242.26$1,948
May 1997044818.972.31$1,034
Apr 1997045517.882.08$948
Mar 1997043118.951.94$836
Feb 1997059220.492.21$1,306
Jan 199732065523.483.54$9,832
Dec 1996063023.32$0
Nov 1996066221.97$0
Oct 1996066723.31$0
Sep 199633371822.22$7,399
Aug 1996089420.26$0
Jul 1996087819.55$0
Jun 1996085118.73$0
May 1996092919.43$0
Apr 199635882721.51$7,701
Mar 1996084819.38$0
Feb 1996081116.98$0
Jan 1996087817.07$0
Dec 1995083617.19$0
Nov 199534986316.00$5,584
Oct 1995093815.43$0
Sep 1995094516.18$0
Aug 1995096115.92$0
Jul 199533999115.24$5,166
Jun 1995094216.41$0
May 1995097017.56$0
Apr 1995091517.73$0
Mar 1995092216.44$0
Feb 199533289416.58$5,505
Jan 1995095715.92$0
Dec 1994091715.03$0
Nov 1994092115.90$0
Oct 19942031,03215.58$3,163
Sep 1994091715.29$0
Aug 199431298616.13$5,033
Jul 199401,07317.56$0
Jun 199401,00217.09$0
May 19942441,24715.88$3,875
Apr 1994053214.14$0
Mar 1994071612.46$0
Feb 199428476312.50$3,550
Jan 1994049812.66$0
Dec 1993080812.33$0
Nov 199334282814.49$4,956
Oct 1993099015.85$0
Sep 1993091115.03$0
Aug 1993097815.66$0
Jul 19933151,03615.46$4,870
Jun 1993098316.79$0
May 199301,04617.68$0
Apr 199332291918.05$5,812
Mar 1993093118.14$0
Feb 1993059817.90$0
Jan 199328769616.93$4,859

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 1998 — as filed, then multipliedworked
Oil                  292 bbl  × $ 10.89 =     $3,180
Casinghead gas       581 Mcf  × $  2.19 =     $1,270

────────────────────────────────────────────────────
Month total                                   $4,450

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/5288 is the state's own key, not one this site invented.