HODGES

Operated by OILWELL OPERATORS, INC. (P-5 621040) 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 863District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$6.8 M
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.

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
NGPA13none

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
OilDisposition97,579 bbl$4,697,440
Casinghead gasProduction556,496 Mcf$2,070,021
Total$6,767,461

108,131 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 (13)

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 35.7535, -101.4414. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.75498, -101.44151 · 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
23.1%
3 of 13 wells
With a plug date
23.1%
3 of 13 wells
Median depth
3,005 ft
13 wells filed one
Completion to plug
36.6 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
323.1%
A plug date is filed
323.1%
BothOn the schedule and plugged. Neither fact cancels the other.
323.1%
NeitherNo plug date, and not on the schedule.
1076.9%

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, 13 of 13 wells. Median 3,005 ft, with the middle half between 2,852 and 3,087 ft; the shallowest is 2,805 ft and the deepest 3,236 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 12 of 13 wells, Mar 1949 – Oct 1990. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1949 – Oct 1990
12 of 13 wells; 1 filed none
Plug dates filed
May 1991 – Nov 2020
3 of 13 wells; 10 filed none

Last completion to plug: a median of 36.6 years across the 2 wells that filed both dates, with the middle half between 35.3 years and 37.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-2330954012,817 ftMay 1991Yes
42-2330153632,805 ftOct 1990
42-23331325103,069 ftApr 1982
42-23331326113,140 ftApr 1982Apr 2016Yes
42-2333132493,087 ftApr 1982
42-2333132383,022 ftMar 1982
42-23331381133,005 ftMar 1982
42-23331327122,996 ftMar 1982
42-2333116073,192 ftOct 1981Nov 2020Yes
42-2333105763,236 ftSep 1981
42-2330954322,981 ftOct 1977
42-2331133552,840 ftSep 1972
42-2331133442,852 ftMar 1949

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 2025149070.884.34$10,561
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 2023176080.522.67$14,172
Jul 20230074.852.64$0
Jun 2023341068.962.26$23,515
May 2023351070.622.23$24,788
Apr 2023155078.122.24$12,109
Mar 20230072.852.39$0
Feb 2023172075.112.47$12,919
Jan 2023170076.533.39$13,010
Dec 2022322076.415.73$24,604
Nov 2022149085.005.65$12,665
Oct 2022169087.185.86$14,733
Sep 2022311084.888.16$26,398
Aug 2022167094.529.13$15,785
Jul 20221380101.587.54$14,018
Jun 20221530115.097.98$17,609
May 20221740109.378.43$19,030
Apr 20223030104.226.84$31,579
Mar 20221730108.885.08$18,836
Feb 2022290091.054.86$26,405
Jan 202215020681.844.54$13,211
Dec 2021183071.323.90$13,052
Nov 2021169077.435.24$13,086
Oct 2021181079.795.71$14,442
Sep 202116717969.865.35$12,624
Aug 202117137166.024.22$12,855
Jul 202118725570.783.98$14,251
Jun 202116830269.493.38$12,695
May 202135233563.483.02$23,356
Apr 202118646860.362.76$12,518
Mar 202117437761.302.72$11,690
Feb 202104657.805.55$255
Jan 2021356050.412.81$17,946
Dec 2020351044.642.68$15,669
Nov 2020152038.772.71$5,893
Oct 2020168536.972.48$6,223
Sep 2020181537.091.99$6,723
Aug 2020348539.982.39$13,925
Jul 2020348538.371.83$13,362
Jun 2020157534.901.69$5,488
May 20200516.921.81$9
Apr 20200514.751.80$9
Mar 2020166530.341.86$5,046
Feb 20201751049.881.98$8,749
Jan 2020170557.252.09$9,743
Dec 20193546559.012.30$21,039
Nov 201917922255.302.75$10,509
Oct 201917147853.472.42$10,299
Sep 201915044855.052.66$9,448
Aug 201917164753.112.30$10,573
Jul 20193122256.272.46$17,610
Jun 2019059052.782.49$1,470
May 2019046558.482.74$1,274
Apr 201918247562.632.75$12,705
Mar 201916945956.803.06$11,005
Feb 201918227650.852.79$10,025
Jan 20191681,09946.033.23$11,281
Dec 201818456646.594.19$10,942
Nov 201817286952.934.24$12,786
Oct 201818260161.443.40$13,224
Sep 201817344259.543.11$11,674
Aug 201813363059.403.07$9,832
Jul 201835176965.142.93$25,119
Jun 201817485760.183.08$13,108
May 20181771,06165.382.90$14,650
Apr 20182821,21063.842.90$21,513
Mar 201817068661.222.79$12,319
Feb 201818084261.782.77$13,449
Jan 201815298762.874.01$13,513
Dec 201718370957.272.92$12,552
Nov 201717484055.423.12$12,263
Oct 201718093849.292.98$11,671
Sep 20171711,88047.523.09$13,930
Aug 20173472,08445.373.00$22,005
Jul 20171781,44143.873.09$12,258
Jun 20173391,93542.493.09$20,378
May 20171621,08945.373.26$10,904
Apr 201735256147.933.21$18,673
Mar 20173501,20846.772.98$19,974
Feb 20171811,30550.452.95$12,985
Jan 201717095449.413.42$11,661
Dec 201635163748.763.72$19,486
Nov 201617963242.492.64$9,277
Oct 20163171,25946.193.09$18,533
Sep 201616876041.553.10$9,337
Aug 20161781,22741.442.92$10,964
Jul 20161651,32041.622.92$10,727
Jun 20161811,17445.352.69$11,362
May 2016355042.521.99$15,095
Apr 201617057636.561.99$7,362
Mar 20161821,21533.011.79$8,188
Feb 20161721,19226.472.06$7,013
Jan 20161761,18327.352.36$7,611
Dec 201517173932.362.00$7,013
Nov 20153581,05738.792.17$16,178
Oct 201518583243.552.43$10,076
Sep 2015088642.992.76$2,444
Aug 201517266540.162.87$8,818
Jul 2015350048.152.95$16,853
Jun 201535453656.152.88$21,422
May 201518091155.212.96$12,630
Apr 201517347549.822.71$9,904
Mar 201518581842.892.93$10,335
Feb 201534979144.662.98$17,941
Jan 201516684243.433.10$9,820
Dec 20141831,09154.693.59$13,926
Nov 201416967770.464.25$14,786
Oct 20143551,07078.303.90$31,971
Sep 20141841,27286.164.05$20,999
Aug 20143441,20589.394.04$35,612
Jul 20141701,24496.564.18$21,615
Jun 20143571,34198.164.74$41,395
May 201418599694.734.73$22,233
Apr 201435487595.944.81$38,171
Mar 20143511,13595.895.06$39,397
Feb 201417174597.406.19$21,268
Jan 20143721,14490.404.86$39,189
Dec 201301,04691.824.35$4,555
Nov 201335385488.853.74$34,557
Oct 20131911,18497.423.78$23,082
Sep 20133421,371104.113.72$40,703
Aug 20133591,293104.253.52$41,980
Jul 20131731,453102.523.72$23,138
Jun 20133551,33194.403.93$38,747
May 201318569194.834.15$20,411
Apr 201317244593.964.28$18,067
Mar 201335873993.623.91$36,408
Feb 2013093891.233.42$3,208
Jan 20131811,31491.603.42$21,073
Dec 20129736786.773.42$9,672
Nov 201235765886.953.62$33,426
Oct 2012169589.383.40$15,122
Sep 201235435694.672.92$34,552
Aug 20123311,54392.662.91$35,158
Jul 20121601,46685.133.02$18,049
Jun 20123541,66179.822.52$32,440
May 20121841,30991.612.49$20,113
Apr 20121721,571101.652.00$20,621
Mar 20123591,851105.052.22$41,826
Feb 20121091,536101.102.57$14,968
Jan 20123581,83698.092.73$40,136
Dec 20111721,52096.873.24$21,586
Nov 20113571,62995.723.31$39,566
Oct 20111871,89984.983.65$22,820
Sep 20111731,96983.623.99$22,314
Aug 20113561,78683.404.15$37,101
Jul 20111862,49894.144.52$28,794
Jun 201135538192.904.64$34,747
May 2011170098.134.40$16,682
Apr 20111810105.964.33$19,179
Mar 2011355096.364.06$34,208
Feb 20111721185.644.18$14,776
Jan 201118595786.504.59$20,394
Dec 20101731,40285.734.35$20,927
Nov 20101821,65280.843.80$20,983
Oct 20103561,90178.103.51$34,474
Sep 20103541,48972.633.98$31,636
Aug 20103501,97273.684.42$34,503
Jul 20103521,01272.554.74$30,331
Jun 20101711,51170.364.91$19,451
May 20103591,49171.124.24$31,847
Apr 20102481,36281.694.12$25,874
Mar 20101811,35178.394.39$20,118
Feb 20101691,51173.585.44$20,658
Jan 20101821,22774.365.96$20,851
Dec 20093331,72371.445.48$33,238
Nov 20091731,81974.593.75$19,728
Oct 200901,87672.544.11$7,711
Sep 20093511,25565.543.06$26,851
Aug 200918385467.423.22$15,086
Jul 20093551,12261.133.46$25,588
Jun 20093541,42866.163.90$28,983
May 20093541,50254.743.93$25,274
Apr 20093481,69746.773.59$22,364
Mar 20091651,54742.144.06$13,232
Feb 20091781,46932.814.63$12,646
Jan 20091721,90335.865.37$16,389
Dec 20083521,43137.105.98$21,612
Nov 20081821,62055.496.86$21,213
Oct 20083501,68375.246.92$37,984
Sep 20083552,034101.767.88$52,147
Aug 20083501,792114.228.48$55,179
Jul 20083522,252131.0811.39$71,789
Jun 20083531,406131.3313.03$64,683
May 20083571,879123.1711.57$65,720
Apr 20085241,357110.3110.45$71,990
Mar 20081871,225101.909.66$30,894
Feb 20083571,68792.538.77$47,829
Jan 20085231,91290.388.21$62,958
Dec 20071831,94588.337.30$30,367
Nov 20073731,84691.677.29$47,653
Oct 20073582,21882.856.92$45,013
Sep 20073562,10975.846.24$40,168
Aug 20071702,05969.066.39$24,893
Jul 20073531,94870.906.39$37,471
Jun 200701,99962.007.55$15,089
May 20071852,27158.747.85$28,686
Apr 200753184059.617.81$38,209
Mar 20073581,96756.927.30$34,740
Feb 20073611,66155.108.22$33,538
Jan 20073561,92550.306.73$30,856
Dec 200618595656.656.92$17,094
Nov 20063471,56454.207.62$30,721
Oct 20065282,36554.906.01$43,210
Sep 20061842,08560.085.04$21,557
Aug 20065302,12668.717.34$52,021
Jul 20063561,93169.376.34$36,944
Jun 20061852,01366.286.38$25,113
May 20063582,12666.016.42$37,291
Apr 20061792,15764.397.36$27,402
Mar 20061782,14056.707.08$25,250
Feb 20061902,01257.597.75$26,537
Jan 20063641,69760.598.93$37,215
Dec 20051812,15254.9413.42$38,814
Nov 20053601,82354.6910.59$38,991
Oct 20051892,53358.3413.80$45,971
Sep 200535565961.4512.08$29,775
Aug 20053542,48861.519.80$46,149
Jul 20053602,54455.697.84$40,003
Jun 20051772,15552.337.38$25,169
May 20053592,30945.226.65$31,592
Apr 20053602,16849.207.36$33,670
Mar 20053582,17850.377.15$33,616
Feb 20053462,07745.226.31$28,756
Jan 20051872,06743.166.32$21,139
Dec 20041802,18539.866.75$21,926
Nov 20041831,93545.286.33$20,536
Oct 20043582,27849.706.52$32,634
Sep 20041761,90343.245.28$17,666
Aug 20043572,39242.375.55$28,403
Jul 20041812,66338.286.08$23,131
Jun 20041741,81736.106.43$17,970
May 20041802,29737.486.49$21,664
Apr 20043632,05434.475.86$24,546
Mar 20043712,01934.365.53$23,913
Feb 20041781,87832.455.51$16,123
Jan 20043612,17032.036.30$25,233
Dec 20033482,26130.266.30$24,778
Nov 20031712,53328.804.60$16,564
Oct 20031772,60728.174.76$17,394
Sep 20035462,39726.314.75$25,749
Aug 20033692,71929.765.13$24,929
Jul 20033692,79029.415.17$25,279
Jun 20033782,01628.565.98$22,857
May 20033812,24426.595.97$23,533
Apr 20033742,19326.675.41$21,833
Mar 20033732,18431.146.10$24,929
Feb 20033752,08133.487.93$29,049
Jan 20033702,26930.315.58$23,880
Dec 20023732,47126.914.85$22,031
Nov 20023732,64024.664.14$20,120
Oct 20021782,32726.464.23$14,551
Sep 20021942,10227.443.64$12,965
Aug 20023752,42025.963.16$17,392
Jul 20023852,75424.583.06$17,895
Jun 20021932,70323.733.34$13,603
May 20023702,95424.663.58$19,711
Apr 200217816923.653.51$4,803
Mar 20023712,17822.003.10$14,920
Feb 20021962,09918.222.38$8,558
Jan 20025442,48117.172.38$15,235
Dec 20011862,59516.932.36$9,285
Nov 20012762,47918.072.41$10,951
Oct 20013252,48819.782.53$12,720
Sep 20013872,57424.262.25$15,184
Aug 20011982,00824.873.05$11,055
Jul 20011911,36223.933.20$8,925
Jun 20013822,39024.563.82$18,522
May 20012982,46625.524.31$18,227
Apr 20013061,80124.685.34$17,161
Mar 20012092,42824.545.38$18,183
Feb 200102,08927.755.77$12,047
Jan 2001912,75027.478.40$25,596
Dec 20001022,58026.889.12$26,278
Nov 20003062,44832.215.66$23,707
Oct 20001832,66631.235.15$19,433
Sep 20004122,90031.875.19$28,171
Aug 20003762,94929.644.54$24,535
Jul 20001782,97828.534.09$17,258
Jun 20003712,39929.304.40$21,419
May 20003712,60027.263.68$19,681
Apr 20003762,49324.513.12$16,984
Mar 20003802,80228.422.86$18,813
Feb 20003692,30727.622.73$16,482
Jan 20003823,18825.272.48$17,561
Dec 19991763,02824.282.42$11,612
Nov 19993893,01723.192.43$16,364
Oct 19993873,26220.982.80$17,265
Sep 19993863,57121.752.62$17,747
Aug 19995813,84819.262.88$22,255
Jul 19993693,88617.892.37$15,820
Jun 19997594,27015.942.36$22,185
May 19993863,36815.792.32$13,912
Apr 19994843,12115.102.21$14,200
Mar 19993844,04412.471.84$12,223
Feb 19993853,4119.981.82$10,043
Jan 19993434,84210.381.90$12,760
Dec 19983721,8859.201.77$6,765
Nov 19982892,30810.892.19$8,192
Oct 19981961,03812.421.97$4,478
Sep 19983671,04812.592.08$6,803
Aug 19983571,41211.301.91$6,727
Jul 19983681,29711.742.24$7,222
Jun 199817990411.242.24$4,034
May 19983921,26812.622.21$7,745
Apr 19983711,37513.042.51$8,283
Mar 19981881,30312.802.31$5,416
Feb 199822685213.952.30$5,112
Jan 199836984714.702.15$7,249
Dec 19971781,71016.322.41$7,028
Nov 19971881,18918.193.09$7,092
Oct 19973651,38319.253.15$11,382
Sep 19973731,82717.742.95$12,016
Aug 19973382,02117.862.55$11,200
Jul 19972961,24817.582.25$8,008
Jun 19975501,26217.242.26$12,331
May 199701,09518.972.31$2,528
Apr 199730198017.882.08$7,423
Mar 199739398018.951.94$9,348
Feb 19973201,18020.492.21$9,160
Jan 19974251,60123.483.54$15,646
Dec 19962101,82423.32$4,897
Nov 199601,78821.97$0
Oct 19966301,94923.31$14,685
Sep 19961981,86322.22$4,400
Aug 19964082,22220.26$8,266
Jul 19964142,22219.55$8,094
Jun 19962101,46918.73$3,933
May 19964131,51319.43$8,025
Apr 19962101,84221.51$4,517
Mar 19964042,22419.38$7,830
Feb 19963121,72716.98$5,298
Jan 19964222,11917.07$7,204
Dec 19953502,02217.19$6,017
Nov 19952101,81116.00$3,360
Oct 19953762,25715.43$5,802
Sep 19953872,33316.18$6,262
Aug 19951832,43315.92$2,913
Jul 19953752,42015.24$5,715
Jun 19953662,03916.41$6,006
May 19951861,77017.56$3,266
Apr 19953713,61917.73$6,578
Mar 19951802,26116.44$2,959
Feb 19951682,11716.58$2,785
Jan 19953012,31015.92$4,792
Dec 19941832,46315.03$2,750
Nov 19942912,66415.90$4,627
Oct 19943702,81815.58$5,765
Sep 19943752,60915.29$5,734
Aug 19941872,67016.13$3,016
Jul 19943632,29217.56$6,374
Jun 19941702,14217.09$2,905
May 19943691,78415.88$5,860
Apr 19943671,96914.14$5,189
Mar 19941861,93812.46$2,318
Feb 19943651,80012.50$4,563
Jan 19941732,34712.66$2,190
Dec 19933842,72712.33$4,735
Nov 19933493,46414.49$5,057
Oct 19931902,93915.85$3,012
Sep 19931812,03515.03$2,720
Aug 19931732,21515.66$2,709
Jul 19933573,08315.46$5,519
Jun 19931842,60216.79$3,089
May 19931832,28717.68$3,235
Apr 19933592,46918.05$6,480
Mar 19931042,28018.14$1,887
Feb 19932932,20517.90$5,245
Jan 19933602,17516.93$6,095

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.

Feb 2025 — as filed, then multipliedworked
Oil                  149 bbl  × $ 70.88 =    $10,561
Casinghead gas         0 Mcf  × $  4.34 =         $0

────────────────────────────────────────────────────
Month total                                  $10,561

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/863 is the state's own key, not one this site invented.