HANCOCK

Operated by WELLS OILFIELD SERVICES, INC. (P-5 907973) in the MASSENGALE (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 122244District 7BField 58103500CondensateGasSaveExport
Value, all time
$7 k
Jan 1993 – May 2000
Value, last 12 filed months
$0
at the published price for each month
Months reported
89
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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered
1979-03-16
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition22 bbl$426
GasProduction8,584 Mcf$6,256
Total$6,682

5,880 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 32.5020, -98.8535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.50200, -98.85346 · 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
3,640 ft
1 wells filed one
Completion to plug
21.2 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 3,640 ft.

Completions filed
Mar 1979
1 of 1 wells
Plug dates filed
May 2000
1 of 1 wells

Last completion to plug: a median of 21.2 years across the 1 well that filed both dates, with the middle half between 21.2 years and 21.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333173113,640 ftMar 1979May 2000Yes

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 (89)

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

89 months

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 19990015.792.32$0
Apr 1999010815.102.21$238
Mar 199908212.471.84$151
Feb 199901079.981.82$195
Jan 199908010.381.90$152
Dec 19980639.201.77$112
Nov 1998012710.892.19$278
Oct 1998016012.421.97$315
Sep 1998013912.592.08$289
Aug 1998012011.301.91$229
Jul 1998011211.742.24$251
Jun 1998011011.242.24$246
May 199805612.622.21$124
Apr 199807713.042.51$193
Mar 199808312.802.31$192
Feb 199804513.952.30$103
Jan 199804814.702.15$103
Dec 1997010816.322.41$260
Nov 1997010118.193.09$312
Oct 1997015119.253.15$476
Sep 1997011317.742.95$334
Aug 199709817.862.55$250
Jul 199707417.582.25$166
Jun 199704517.242.26$102
May 1997011618.972.31$268
Apr 1997010017.882.08$208
Mar 1997012818.951.94$248
Feb 199706020.492.21$132
Jan 199709323.483.54$329
Dec 1996010423.32$0
Nov 199609321.97$0
Oct 199607123.31$0
Sep 1996012822.22$0
Aug 1996011920.26$0
Jul 1996012319.55$0
Jun 199608418.73$0
May 1996014219.43$0
Apr 1996014721.51$0
Mar 19962210619.38$426
Feb 199609016.98$0
Jan 199609517.07$0
Dec 199509517.19$0
Nov 1995011416.00$0
Oct 1995013815.43$0
Sep 1995014116.18$0
Aug 199509415.92$0
Jul 1995011815.24$0
Jun 1995010216.41$0
May 199507217.56$0
Apr 199509617.73$0
Mar 199507616.44$0
Feb 199509316.58$0
Jan 199509415.92$0
Dec 1994010715.03$0
Nov 199408815.90$0
Oct 199408315.58$0
Sep 199408615.29$0
Aug 199408716.13$0
Jul 199409417.56$0
Jun 1994010617.09$0
May 1994012115.88$0
Apr 1994010314.14$0
Mar 1994010512.46$0
Feb 199408412.50$0
Jan 199409812.66$0
Dec 199309312.33$0
Nov 199306914.49$0
Oct 1993017115.85$0
Sep 1993015015.03$0
Aug 1993015315.66$0
Jul 1993019015.46$0
Jun 1993016016.79$0
May 1993025717.68$0
Apr 1993026418.05$0
Mar 1993025018.14$0
Feb 1993020217.90$0
Jan 1993022416.93$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.

Apr 1999 — as filed, then multipliedworked
Condensate             0 bbl  × $ 15.10 =         $0
Gas                  108 Mcf  × $  2.21 =       $238

────────────────────────────────────────────────────
Month total                                     $238

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/122244 is the state's own key, not one this site invented.