HOLT, J. N.

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 6746District 10Field 43850450OilCasinghead gasSaveExport
Value, all time
$411 k
Jan 1993 – Dec 2006
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
168
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
OilDisposition21,075 bbl$411,267
Casinghead gasProduction82 Mcf$138
Total$411,405

34 Mcf of this lease's gas, across 34 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 36.0340, -101.2757. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

36.03400, -101.27568 · 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
50.0%
1 of 2 wells
Median depth
7,000 ft
2 wells filed one
Completion to plug
5 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
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 7,000 and 7,000 ft, median 7,000 ft, over the 2 wells that filed a depth.

Completions filed
Jan 2006 – May 2006
2 of 2 wells
Plug dates filed
Jun 2006
1 of 2 wells; 1 filed none

Last completion to plug: a median of 5 months across the 1 well that filed both dates, with the middle half between 5 months and 5 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-2333241927,000 ftMay 2006Yes
42-2333245837,000 ftJan 2006Jun 2006Yes

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 (168)

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

168 months

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 200673066.286.38$4,838
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 2004189036.106.43$6,823
May 20040037.486.49$0
Apr 2004176034.475.86$6,067
Mar 20040034.365.53$0
Feb 2004186032.455.51$6,036
Jan 2004183032.036.30$5,861
Dec 2003177030.266.30$5,356
Nov 2003185028.804.60$5,328
Oct 2003178028.174.76$5,014
Sep 2003175026.314.75$4,604
Aug 2003190029.765.13$5,654
Jul 2003181029.415.17$5,323
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 2002175023.733.34$4,153
May 2002180024.663.58$4,439
Apr 20020023.653.51$0
Mar 2002184022.003.10$4,048
Feb 20020018.222.38$0
Jan 2002181017.172.38$3,108
Dec 200179016.932.36$1,337
Nov 2001191018.072.41$3,451
Oct 2001175019.782.53$3,462
Sep 2001190024.262.25$4,609
Aug 20010024.873.05$0
Jul 2001188023.933.20$4,499
Jun 2001176024.563.82$4,323
May 20010025.524.31$0
Apr 2001193024.685.34$4,763
Mar 20010024.545.38$0
Feb 2001204027.755.77$5,661
Jan 2001198027.478.40$5,439
Dec 20000126.889.12$9
Nov 2000199132.215.66$6,415
Oct 2000187131.235.15$5,845
Sep 20000131.875.19$5
Aug 2000198129.644.54$5,873
Jul 2000198128.534.09$5,653
Jun 20000129.304.40$4
May 2000193127.263.68$5,265
Apr 2000193124.513.12$4,734
Mar 2000194128.422.86$5,516
Feb 20000127.622.73$3
Jan 2000201125.272.48$5,082
Dec 1999200124.282.42$4,858
Nov 1999216123.192.43$5,011
Oct 19990120.982.80$3
Sep 1999193121.752.62$4,200
Aug 1999198119.262.88$3,816
Jul 19990117.892.37$2
Jun 1999194115.942.36$3,095
May 1999190115.792.32$3,002
Apr 1999193115.102.21$2,917
Mar 1999193112.471.84$2,409
Feb 1999019.981.82$2
Jan 1999192110.381.90$1,995
Dec 199819519.201.77$1,796
Nov 19980110.892.19$2
Oct 1998385112.421.97$4,784
Sep 19980112.592.08$2
Aug 1998190111.301.91$2,149
Jul 1998234111.742.24$2,749
Jun 1998190111.242.24$2,138
May 1998193112.622.21$2,438
Apr 19980113.042.51$3
Mar 1998391112.802.31$5,007
Feb 19980113.952.30$2
Jan 1998376114.702.15$5,529
Dec 1997193116.322.41$3,152
Nov 19970118.193.09$3
Oct 1997187119.253.15$3,603
Sep 1997187117.742.95$3,320
Aug 1997189117.862.55$3,378
Jul 1997370117.582.25$6,507
Jun 1997188117.242.26$3,243
May 1997185118.972.31$3,512
Apr 1997382117.882.08$6,832
Mar 1997191118.951.94$3,621
Feb 1997188120.492.21$3,854
Jan 1997359123.483.54$8,433
Dec 1996185123.32$4,314
Nov 1996196121.97$4,306
Oct 1996381123.31$8,881
Sep 1996188122.22$4,177
Aug 19960120.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 199559115.43$910
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950117.73$0
Mar 1995391116.44$6,428
Feb 1995187116.58$3,100
Jan 1995189115.92$3,009
Dec 1994192115.03$2,886
Nov 1994192115.90$3,053
Oct 1994191115.58$2,976
Sep 1994194115.29$2,966
Aug 1994181116.13$2,920
Jul 1994377117.56$6,620
Jun 1994188117.09$3,213
May 1994378115.88$6,003
Apr 1994378114.14$5,345
Mar 1994192112.46$2,392
Feb 19940112.50$0
Jan 1994369112.66$4,672
Dec 1993365112.33$4,500
Nov 1993372114.49$5,390
Oct 1993371115.85$5,880
Sep 1993186115.03$2,796
Aug 1993369115.66$5,779
Jul 1993379115.46$5,859
Jun 1993376116.79$6,313
May 1993375117.68$6,630
Apr 1993376118.05$6,787
Mar 1993372118.14$6,748
Feb 1993191117.90$3,419
Jan 1993423116.93$7,161

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 2006 — as filed, then multipliedworked
Oil                   73 bbl  × $ 66.28 =     $4,838
Casinghead gas         0 Mcf  × $  6.38 =         $0

────────────────────────────────────────────────────
Month total                                   $4,838

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/6746 is the state's own key, not one this site invented.