HOPKINS, PET

Operated by FARMS, B.J. (P-5 263426) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6790District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$409 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition24,380 bbl$397,681
Casinghead gasProduction12,471 Mcf$11,035
Total$408,716

7,720 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.

Every month this lease reported (183)

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

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
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 19991748715.792.32$2,949
Apr 199909415.102.21$208
Mar 199915311312.471.84$2,116
Feb 1999154599.981.82$1,644
Jan 1999018710.381.90$355
Dec 19980829.201.77$145
Nov 199817512110.892.19$2,170
Oct 1998016312.421.97$321
Sep 199816217712.592.08$2,408
Aug 19988816511.301.91$1,309
Jul 19989117311.742.24$1,455
Jun 1998018211.242.24$407
May 19989317812.622.21$1,566
Apr 199824221613.042.51$3,697
Mar 19989420512.802.31$1,677
Feb 199813915813.952.30$2,302
Jan 199811418614.702.15$2,077
Dec 1997019316.322.41$465
Nov 199725115718.193.09$5,051
Oct 199713419419.253.15$3,191
Sep 1997020117.742.95$594
Aug 199728418317.862.55$5,540
Jul 1997019617.582.25$440
Jun 199716630917.242.26$3,559
May 199715120418.972.31$3,335
Apr 199718521217.882.08$3,749
Mar 199718012218.951.94$3,648
Feb 199718512220.492.21$4,060
Jan 1997011223.483.54$396
Dec 199616010223.32$3,731
Nov 199618710321.97$4,108
Oct 199609823.31$0
Sep 199615710922.22$3,489
Aug 199617912620.26$3,627
Jul 199617412119.55$3,402
Jun 199633411618.73$6,256
May 199618211919.43$3,536
Apr 199636418521.51$7,830
Mar 199636224519.38$7,016
Feb 199655526116.98$9,424
Jan 199618225717.07$3,107
Dec 199552625417.19$9,042
Nov 199518421216.00$2,944
Oct 199537427915.43$5,771
Sep 199568020816.18$11,002
Aug 199536332115.92$5,779
Jul 199564328215.24$9,799
Jun 199552733116.41$8,648
May 199552632217.56$9,237
Apr 199552925717.73$9,379
Mar 199553614816.44$8,812
Feb 19953544516.58$5,869
Jan 19953737315.92$5,938
Dec 19944884415.03$7,335
Nov 1994182815.90$2,894
Oct 199471129915.58$11,077
Sep 199453423715.29$8,165
Aug 199467913616.13$10,952
Jul 199470322017.56$12,345
Jun 19945225617.09$8,921
May 19945128315.88$8,131
Apr 199418112614.14$2,559
Mar 19943587912.46$4,461
Feb 199448114512.50$6,013
Jan 199472916412.66$9,229
Dec 19935237312.33$6,449
Nov 199317614014.49$2,550
Oct 199354811115.85$8,686
Sep 199369912315.03$10,506
Aug 199351418015.66$8,049
Jul 199370913115.46$10,961
Jun 199368713816.79$11,535
May 199354916017.68$9,706
Apr 199349713718.05$8,971
Mar 199352814118.14$9,578
Feb 199370114917.90$12,548
Jan 19935036616.93$8,516

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.

May 1999 — as filed, then multipliedworked
Oil                  174 bbl  × $ 15.79 =     $2,747
Casinghead gas        87 Mcf  × $  2.32 =       $202

────────────────────────────────────────────────────
Month total                                   $2,949

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. 6E/O/6790 is the state's own key, not one this site invented.