FEARS

Operated by HEXAGON OIL AND GAS INC. (P-5 383200) in the BIG SUNDAY CREEK (BIG SALINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127217District 7BField 08050200NGPA filingCondensateGasSaveExport
Value, all time
$129 k
Jan 1993 – Apr 2021
Value, last 12 filed months
$0
at the published price for each month
Months reported
340
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 78 leases and 78 wells, and the rule below applies to all of them.

Discovered
1984-11-29
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1993-08-09.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFFECTIVE 1/1/95.

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
NGPA1none

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
CondensateDisposition35 bbl$1,449
GasProduction53,957 Mcf$127,072
Total$128,521

21,855 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 32.4163, -98.2527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41626, -98.25265 · 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
4,100 ft
1 wells filed one
Completion to plug
32.9 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 4,100 ft.

Completions filed
May 1988
1 of 1 wells
Plug dates filed
Apr 2021
1 of 1 wells

Last completion to plug: a median of 32.9 years across the 1 well that filed both dates, with the middle half between 32.9 years and 32.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1433089444,100 ftMay 1988Apr 2021Yes

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 (340)

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

340 months

Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 201924052.782.49$1,267
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200804101.767.88$32
Aug 200800114.228.48$0
Jul 200805131.0811.39$57
Jun 2008011131.3313.03$143
May 2008056123.1711.57$648
Apr 2008059110.3110.45$617
Mar 2008062101.909.66$599
Feb 200805792.538.77$500
Jan 200807090.388.21$574
Dec 200707188.337.30$518
Nov 200706091.677.29$438
Oct 200706382.856.92$436
Sep 200705275.846.24$325
Aug 200703269.066.39$204
Jul 200704470.906.39$281
Jun 200705462.007.55$408
May 200706258.747.85$486
Apr 200706359.617.81$492
Mar 200706956.927.30$504
Feb 200708955.108.22$731
Jan 200709350.306.73$626
Dec 2006010956.656.92$754
Nov 2006010054.207.62$762
Oct 200609354.906.01$559
Sep 200609060.085.04$453
Aug 200609468.717.34$690
Jul 200609669.376.34$609
Jun 200609566.286.38$606
May 2006010166.016.42$649
Apr 200609664.397.36$707
Mar 200609556.707.08$673
Feb 200609457.597.75$729
Jan 2006010560.598.93$938
Dec 200509554.9413.42$1,274
Nov 200509054.6910.59$953
Oct 200508658.3413.80$1,186
Sep 200506661.4512.08$797
Aug 200506961.519.80$676
Jul 200504555.697.84$353
Jun 200505752.337.38$421
May 200506245.226.65$412
Apr 200506149.207.36$449
Mar 200506350.377.15$451
Feb 200507545.226.31$473
Jan 200507343.166.32$462
Dec 200406539.866.75$439
Nov 200407545.286.33$475
Oct 200409549.706.52$619
Sep 2004010143.245.28$534
Aug 2004011242.375.55$622
Jul 2004011838.286.08$718
Jun 2004012536.106.43$804
May 2004014337.486.49$929
Apr 2004013134.475.86$767
Mar 2004015334.365.53$846
Feb 2004015132.455.51$832
Jan 2004017332.036.30$1,090
Dec 2003017030.266.30$1,071
Nov 2003017728.804.60$813
Oct 2003020128.174.76$957
Sep 2003019826.314.75$940
Aug 2003019929.765.13$1,021
Jul 2003021529.415.17$1,112
Jun 2003021028.565.98$1,256
May 2003023026.595.97$1,374
Apr 2003022826.675.41$1,233
Mar 2003023231.146.10$1,414
Feb 2003021033.487.93$1,664
Jan 2003023230.315.58$1,295
Dec 2002023426.914.85$1,136
Nov 2002022724.664.14$939
Oct 2002022926.464.23$968
Sep 2002022227.443.64$807
Aug 2002020625.963.16$652
Jul 2002022724.583.06$695
Jun 2002020923.733.34$698
May 2002022424.663.58$803
Apr 2002021023.653.51$738
Mar 2002023222.003.10$720
Feb 2002021418.222.38$508
Jan 2002025017.172.38$594
Dec 2001026316.932.36$622
Nov 2001026418.072.41$635
Oct 2001029619.782.53$749
Sep 2001030724.262.25$691
Aug 2001032624.873.05$995
Jul 2001038523.933.20$1,231
Jun 2001038424.563.82$1,468
May 2001041125.524.31$1,770
Apr 2001039624.685.34$2,113
Mar 2001041524.545.38$2,231
Feb 2001037027.755.77$2,134
Jan 2001038127.478.40$3,200
Dec 2000037826.889.12$3,448
Nov 2000036032.215.66$2,037
Oct 2000036331.235.15$1,868
Sep 2000036631.875.19$1,898
Aug 2000037029.644.54$1,680
Jul 2000038628.534.09$1,579
Jun 2000039829.304.40$1,750
May 2000038427.263.68$1,413
Apr 2000039224.513.12$1,221
Mar 2000039928.422.86$1,141
Feb 2000036327.622.73$990
Jan 2000038425.272.48$953
Dec 1999037624.282.42$911
Nov 1999035623.192.43$867
Oct 1999033420.982.80$936
Sep 1999029921.752.62$783
Aug 1999033919.262.88$975
Jul 1999030717.892.37$728
Jun 1999029015.942.36$685
May 1999031515.792.32$731
Apr 1999031215.102.21$689
Mar 1999033012.471.84$607
Feb 199903419.981.82$620
Jan 1999036210.381.90$688
Dec 199803549.201.77$628
Nov 1998037310.892.19$815
Oct 1998032912.421.97$648
Sep 1998027812.592.08$579
Aug 1998026911.301.91$513
Jul 1998023911.742.24$535
Jun 1998034211.242.24$765
May 1998041912.622.21$924
Apr 1998043513.042.51$1,090
Mar 1998038112.802.31$880
Feb 1998039113.952.30$899
Jan 1998041114.702.15$886
Dec 1997043316.322.41$1,044
Nov 1997066718.193.09$2,060
Oct 1997045519.253.15$1,433
Sep 1997043317.742.95$1,279
Aug 1997045117.862.55$1,152
Jul 1997044117.582.25$991
Jun 1997044717.242.26$1,009
May 1997047318.972.31$1,092
Apr 1997044117.882.08$919
Mar 1997042518.951.94$824
Feb 1997037220.492.21$821
Jan 1997042723.483.54$1,511
Dec 1996040623.32$0
Nov 1996041121.97$0
Oct 1996043823.31$0
Sep 1996044622.22$0
Aug 1996043220.26$0
Jul 1996044419.55$0
Jun 1996043718.73$0
May 1996046319.43$0
Apr 1996041021.51$0
Mar 1996042019.38$0
Feb 1996043116.98$0
Jan 1996046917.07$0
Dec 1995048017.19$0
Nov 1995041916.00$0
Oct 1995042115.43$0
Sep 1995041716.18$0
Aug 1995042415.92$0
Jul 1995041415.24$0
Jun 1995039916.41$0
May 1995044117.56$0
Apr 1995042517.73$0
Mar 1995043616.44$0
Feb 19951139416.58$182
Jan 1995042515.92$0
Dec 1994045215.03$0
Nov 1994044015.90$0
Oct 1994037415.58$0
Sep 1994040715.29$0
Aug 1994041516.13$0
Jul 1994042917.56$0
Jun 1994042517.09$0
May 1994044315.88$0
Apr 1994049514.14$0
Mar 1994044312.46$0
Feb 1994044512.50$0
Jan 1994045912.66$0
Dec 1993046212.33$0
Nov 1993044214.49$0
Oct 1993046215.85$0
Sep 1993044215.03$0
Aug 1993054615.66$0
Jul 1993054815.46$0
Jun 1993062316.79$0
May 1993063117.68$0
Apr 1993057818.05$0
Mar 1993052818.14$0
Feb 1993051117.90$0
Jan 1993055316.93$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.

Jun 2019 — as filed, then multipliedworked
Condensate            24 bbl  × $ 52.78 =     $1,267
Gas                    0 Mcf  × $  2.49 =         $0

────────────────────────────────────────────────────
Month total                                   $1,267

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/127217 is the state's own key, not one this site invented.