HILBURN, S., ESTATE

Name: HILBURN, S., ESTATE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CHEVRON U. S. A. INC. (P-5 148113) 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 6822District 6EField 27302001OilCasinghead gasSave Export

Value, all time

$767 k

Jan 1993 – Nov 2004

Value, last 12 filed months

at the published price for each month

Months reported

143

no gaps in the span

Streams

oil, casinghead gas

The EAST TEXAS field

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.

Stream	Basis	Volume	Value
Oil	Disposition	37,529 bbl	$707,611
Casinghead gas	Production	26,236 Mcf	$59,260
Total			$766,871

7,984 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 (143)

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

143 months


Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	37	0	26.91	4.85	$996
Nov 2002	240	332	24.66	4.14	$7,292
Oct 2002	165	330	26.46	4.23	$5,762
Sep 2002	274	341	27.44	3.64	$8,758
Aug 2002	272	380	25.96	3.16	$8,264
Jul 2002	280	357	24.58	3.06	$7,975
Jun 2002	294	329	23.73	3.34	$8,075
May 2002	406	334	24.66	3.58	$11,209
Apr 2002	206	302	23.65	3.51	$5,933
Mar 2002	289	336	22.00	3.10	$7,401
Feb 2002	390	287	18.22	2.38	$7,788
Jan 2002	179	343	17.17	2.38	$3,888
Dec 2001	362	339	16.93	2.36	$6,930
Nov 2001	286	334	18.07	2.41	$5,971
Oct 2001	395	365	19.78	2.53	$8,736
Sep 2001	301	360	24.26	2.25	$8,113
Aug 2001	363	357	24.87	3.05	$10,118
Jul 2001	162	345	23.93	3.20	$4,980
Jun 2001	265	322	24.56	3.82	$7,740
May 2001	323	313	25.52	4.31	$9,591
Apr 2001	177	307	24.68	5.34	$6,006
Mar 2001	259	302	24.54	5.38	$7,980
Feb 2001	220	265	27.75	5.77	$7,633
Jan 2001	242	272	27.47	8.40	$8,932
Dec 2000	167	259	26.88	9.12	$6,852
Nov 2000	246	293	32.21	5.66	$9,581
Oct 2000	161	282	31.23	5.15	$6,479
Sep 2000	164	285	31.87	5.19	$6,705
Aug 2000	232	311	29.64	4.54	$8,289
Jul 2000	380	289	28.53	4.09	$12,023
Jun 2000	379	290	29.30	4.40	$12,380
May 2000	409	260	27.26	3.68	$12,106
Apr 2000	408	228	24.51	3.12	$10,711
Mar 2000	407	214	28.42	2.86	$12,179
Feb 2000	273	174	27.62	2.73	$8,015
Jan 2000	405	198	25.27	2.48	$10,725
Dec 1999	411	230	24.28	2.42	$10,537
Nov 1999	416	246	23.19	2.43	$10,246
Oct 1999	415	240	20.98	2.80	$9,380
Sep 1999	413	216	21.75	2.62	$9,548
Aug 1999	412	262	19.26	2.88	$8,689
Jul 1999	267	236	17.89	2.37	$5,337
Jun 1999	513	261	15.94	2.36	$8,794
May 1999	276	232	15.79	2.32	$4,897
Apr 1999	417	200	15.10	2.21	$6,738
Mar 1999	543	196	12.47	1.84	$7,132
Feb 1999	264	182	9.98	1.82	$2,966
Jan 1999	388	174	10.38	1.90	$4,358
Dec 1998	396	226	9.20	1.77	$4,044
Nov 1998	517	214	10.89	2.19	$6,098
Oct 1998	414	226	12.42	1.97	$5,587
Sep 1998	413	205	12.59	2.08	$5,627
Aug 1998	377	216	11.30	1.91	$4,672
Jul 1998	357	267	11.74	2.24	$4,789
Jun 1998	253	1	11.24	2.24	$2,846
May 1998	340	198	12.62	2.21	$4,728
Apr 1998	330	187	13.04	2.51	$4,772
Mar 1998	268	133	12.80	2.31	$3,738
Feb 1998	271	122	13.95	2.30	$4,061
Jan 1998	349	148	14.70	2.15	$5,449
Dec 1997	266	157	16.32	2.41	$4,720
Nov 1997	244	164	18.19	3.09	$4,945
Oct 1997	320	217	19.25	3.15	$6,844
Sep 1997	332	231	17.74	2.95	$6,572
Aug 1997	337	229	17.86	2.55	$6,604
Jul 1997	412	268	17.58	2.25	$7,845
Jun 1997	308	254	17.24	2.26	$5,883
May 1997	375	264	18.97	2.31	$7,723
Apr 1997	405	287	17.88	2.08	$7,839
Mar 1997	313	419	18.95	1.94	$6,744
Feb 1997	302	153	20.49	2.21	$6,525
Jan 1997	337	156	23.48	3.54	$8,465
Dec 1996	322	209	23.32	—	$7,509
Nov 1996	431	182	21.97	—	$9,469
Oct 1996	332	216	23.31	—	$7,739
Sep 1996	338	220	22.22	—	$7,510
Aug 1996	423	5	20.26	—	$8,570
Jul 1996	367	15	19.55	—	$7,175
Jun 1996	338	1	18.73	—	$6,331
May 1996	357	1	19.43	—	$6,937
Apr 1996	349	1	21.51	—	$7,507
Mar 1996	340	27	19.38	—	$6,589
Feb 1996	356	57	16.98	—	$6,045
Jan 1996	274	107	17.07	—	$4,677
Dec 1995	275	193	17.19	—	$4,727
Nov 1995	337	159	16.00	—	$5,392
Oct 1995	265	203	15.43	—	$4,089
Sep 1995	338	180	16.18	—	$5,469
Aug 1995	259	196	15.92	—	$4,123
Jul 1995	292	197	15.24	—	$4,450
Jun 1995	279	191	16.41	—	$4,578
May 1995	288	175	17.56	—	$5,057
Apr 1995	208	153	17.73	—	$3,688
Mar 1995	205	144	16.44	—	$3,370
Feb 1995	293	129	16.58	—	$4,858
Jan 1995	206	129	15.92	—	$3,280
Dec 1994	202	165	15.03	—	$3,036
Nov 1994	275	184	15.90	—	$4,373
Oct 1994	212	175	15.58	—	$3,303
Sep 1994	240	161	15.29	—	$3,670
Aug 1994	227	203	16.13	—	$3,662
Jul 1994	393	222	17.56	—	$6,901
Jun 1994	148	145	17.09	—	$2,529
May 1994	307	222	15.88	—	$4,875
Apr 1994	306	197	14.14	—	$4,327
Mar 1994	455	181	12.46	—	$5,669
Feb 1994	163	102	12.50	—	$2,038
Jan 1994	310	149	12.66	—	$3,925
Dec 1993	309	174	12.33	—	$3,810
Nov 1993	312	140	14.49	—	$4,521
Oct 1993	309	163	15.85	—	$4,898
Sep 1993	441	188	15.03	—	$6,628
Aug 1993	308	170	15.66	—	$4,823
Jul 1993	436	217	15.46	—	$6,741
Jun 1993	280	250	16.79	—	$4,701
May 1993	278	337	17.68	—	$4,915
Apr 1993	285	510	18.05	—	$5,144
Mar 1993	284	290	18.14	—	$5,152
Feb 1993	295	257	17.90	—	$5,281
Jan 1993	293	92	16.93	—	$4,960

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.

Dec 2002 — as filed, then multipliedworked

Oil                   37 bbl  × $ 26.91 =       $996
Casinghead gas         0 Mcf  × $  4.85 =         $0

────────────────────────────────────────────────────
Month total                                     $996

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/6822 is the state's own key, not one this site invented.