HOWARD HEIRS

Operated by RIDGE OIL COMPANY (P-5 711100) in the GARNER NW (3900) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 108328District 7BField 34011500CondensateGasSaveExport
Value, all time
$7 k
Jan 1993 – Nov 1997
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
59
no gaps in the span
Streams
2
condensate, 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 6 leases and 6 wells, and the rule below applies to all of them.

Discovered
1980-03-08
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF. 9-1-90.

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
CondensateDisposition282 bbl$4,442
GasProduction17,432 Mcf$2,442
Total$6,883

16,404 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 (1)

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 32.8270, -98.0282. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.82705, -98.02817 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,650 ft
1 wells filed one
Completion to plug
13.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 4,650 ft.

Completions filed
Nov 1983
1 of 1 wells
Plug dates filed
Jul 1997
1 of 1 wells

Last completion to plug: a median of 13.7 years across the 1 well that filed both dates, with the middle half between 13.7 years and 13.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673163344,650 ftNov 1983Jul 1997Yes

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 (59)

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

59 months

Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 199730017.742.95$532
Aug 19970017.862.55$0
Jul 1997011417.582.25$256
Jun 1997010317.242.26$232
May 1997012418.972.31$286
Apr 199709917.882.08$206
Mar 1997023218.951.94$450
Feb 1997018720.492.21$413
Jan 1997016923.483.54$598
Dec 1996021723.32$0
Nov 1996049821.97$0
Oct 1996047323.31$0
Sep 1996015022.22$0
Aug 19968117920.26$1,641
Jul 1996090119.55$0
Jun 1996071418.73$0
May 1996069019.43$0
Apr 1996088921.51$0
Mar 1996039919.38$0
Feb 1996041516.98$0
Jan 1996014017.07$0
Dec 1995041917.19$0
Nov 1995034316.00$0
Oct 1995057015.43$0
Sep 1995020516.18$0
Aug 1995063015.92$0
Jul 1995029415.24$0
Jun 1995020816.41$0
May 1995018117.56$0
Apr 1995044917.73$0
Mar 1995016916.44$0
Feb 1995029516.58$0
Jan 1995037915.92$0
Dec 1994050615.03$0
Nov 1994014015.90$0
Oct 1994023615.58$0
Sep 19945058615.29$765
Aug 1994063216.13$0
Jul 1994071517.56$0
Jun 1994061017.09$0
May 1994044715.88$0
Apr 1994032014.14$0
Mar 19949374912.46$1,159
Feb 1994019412.50$0
Jan 1994013412.66$0
Dec 1993289512.33$345
Nov 199308614.49$0
Oct 1993011115.85$0
Sep 1993014715.03$0
Aug 199306315.66$0
Jul 199308815.46$0
Jun 1993012716.79$0
May 1993012117.68$0
Apr 1993012918.05$0
Mar 1993018818.14$0
Feb 199308017.90$0
Jan 199309316.93$0

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.

Sep 1997 — as filed, then multipliedworked
Condensate            30 bbl  × $ 17.74 =       $532
Gas                    0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                     $532

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. 7B/G/108328 is the state's own key, not one this site invented.