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 127218District 7BField 08050200NGPA filingCondensateGasSaveExport
Value, all time
$1.5 M
Jan 1993 – Jan 2024
Value, last 12 filed months
$0
at the published price for each month
Months reported
373
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
CondensateDisposition436 bbl$7,928
GasProduction491,031 Mcf$1,509,251
Total$1,517,179

168,021 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 32.4117, -98.2533. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.41165, -98.25329 · 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
35.7 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 4,100 ft.

Completions filed
May 1988
1 of 1 wells
Plug dates filed
Jan 2024
1 of 1 wells

Last completion to plug: a median of 35.7 years across the 1 well that filed both dates, with the middle half between 35.7 years and 35.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1433089534,100 ftMay 1988Jan 2024Yes

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 (373)

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

373 months

Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
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 20190052.782.49$0
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 2016010436.561.99$207
Mar 201603333.011.79$59
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015012038.792.17$260
Oct 2015062243.552.43$1,509
Sep 2015060942.992.76$1,680
Aug 2015065040.162.87$1,867
Jul 2015066748.152.95$1,964
Jun 2015065456.152.88$1,885
May 2015061555.212.96$1,818
Apr 2015060949.822.71$1,648
Mar 2015070042.892.93$2,054
Feb 2015059744.662.98$1,777
Jan 2015063743.433.10$1,975
Dec 2014061454.693.59$2,205
Nov 2014063770.464.25$2,708
Oct 2014069878.303.90$2,723
Sep 2014066986.164.05$2,706
Aug 2014075289.394.04$3,034
Jul 2014078796.564.18$3,289
Jun 2014081098.164.74$3,837
May 2014089894.734.73$4,244
Apr 2014084195.944.81$4,044
Mar 2014094295.895.06$4,764
Feb 2014088597.406.19$5,480
Jan 2014092690.404.86$4,501
Dec 2013097291.824.35$4,233
Nov 2013096988.853.74$3,622
Oct 201301,04497.423.78$3,946
Sep 201301,133104.113.72$4,212
Aug 201301,242104.253.52$4,375
Jul 201301,218102.523.72$4,528
Jun 2013073094.403.93$2,871
May 2013068994.834.15$2,859
Apr 2013062493.964.28$2,672
Mar 2013067993.623.91$2,657
Feb 2013060191.233.42$2,055
Jan 2013059491.603.42$2,031
Dec 2012060486.773.42$2,066
Nov 2012065686.953.62$2,378
Oct 2012069789.383.40$2,370
Sep 2012063894.672.92$1,862
Aug 2012068692.662.91$1,995
Jul 2012058685.133.02$1,770
Jun 2012065979.822.52$1,660
May 2012067291.612.49$1,672
Apr 20120669101.652.00$1,336
Mar 20120641105.052.22$1,424
Feb 20120586101.102.57$1,506
Jan 2012057398.092.73$1,567
Dec 2011054196.873.24$1,753
Nov 2011061595.723.31$2,036
Oct 2011067084.983.65$2,445
Sep 2011069783.623.99$2,778
Aug 2011067783.404.15$2,809
Jul 2011073794.144.52$3,329
Jun 2011063592.904.64$2,946
May 2011081698.134.40$3,594
Apr 20110800105.964.33$3,467
Mar 2011084296.364.06$3,416
Feb 2011065885.644.18$2,750
Jan 2011069386.504.59$3,180
Dec 2010086385.734.35$3,752
Nov 2010080280.843.80$3,044
Oct 2010079378.103.51$2,783
Sep 2010073272.633.98$2,913
Aug 2010076073.684.42$3,359
Jul 2010083572.554.74$3,955
Jun 2010090770.364.91$4,454
May 201001,00971.124.24$4,273
Apr 201001,12281.694.12$4,626
Mar 201001,08678.394.39$4,766
Feb 2010088373.585.44$4,806
Jan 2010095074.365.96$5,666
Dec 200901,25171.445.48$6,860
Nov 200901,13174.593.75$4,243
Oct 200901,29072.544.11$5,302
Sep 200901,10365.543.06$3,380
Aug 2009075467.423.22$2,427
Jul 200901,00161.133.46$3,468
Jun 2009097266.163.90$3,786
May 2009097654.743.93$3,832
Apr 200901,04446.773.59$3,745
Mar 200901,22642.144.06$4,976
Feb 2009059932.814.63$2,775
Jan 200901,19635.865.37$6,424
Dec 200801,26137.105.98$7,537
Nov 200801,21755.496.86$8,349
Oct 200801,34875.246.92$9,331
Sep 200801,310101.767.88$10,319
Aug 200801,186114.228.48$10,061
Jul 200801,003131.0811.39$11,424
Jun 20080994131.3313.03$12,954
May 200801,139123.1711.57$13,183
Apr 200801,199110.3110.45$12,535
Mar 200801,357101.909.66$13,114
Feb 200801,10592.538.77$9,691
Jan 200801,16590.388.21$9,560
Dec 200701,36688.337.30$9,974
Nov 200701,39191.677.29$10,143
Oct 200701,34382.856.92$9,296
Sep 200701,33775.846.24$8,348
Aug 200701,27069.066.39$8,113
Jul 200701,21070.906.39$7,729
Jun 200701,17262.007.55$8,847
May 200701,45258.747.85$11,393
Apr 200701,35159.617.81$10,545
Mar 200701,45356.927.30$10,610
Feb 200701,21955.108.22$10,015
Jan 200701,40550.306.73$9,451
Dec 200601,32256.656.92$9,146
Nov 200601,34554.207.62$10,246
Oct 200601,52754.906.01$9,183
Sep 200601,46460.085.04$7,374
Aug 200601,34668.717.34$9,880
Jul 200601,38569.376.34$8,785
Jun 200601,66366.286.38$10,616
May 200601,67366.016.42$10,749
Apr 200601,61164.397.36$11,858
Mar 200601,78056.707.08$12,608
Feb 200601,49557.597.75$11,588
Jan 200601,61360.598.93$14,409
Dec 200501,43754.9413.42$19,278
Nov 200501,34754.6910.59$14,263
Oct 200501,59358.3413.80$21,977
Sep 200501,84461.4512.08$22,274
Aug 200502,12761.519.80$20,838
Jul 200501,83355.697.84$14,377
Jun 200501,84452.337.38$13,611
May 200502,15745.226.65$14,347
Apr 200502,49149.207.36$18,335
Mar 200501,45150.377.15$10,382
Feb 200501,12845.226.31$7,120
Jan 200501,20043.166.32$7,587
Dec 200401,19739.866.75$8,081
Nov 200401,15145.286.33$7,286
Oct 200401,20149.706.52$7,825
Sep 200401,24743.245.28$6,589
Aug 200401,32242.375.55$7,338
Jul 200401,32138.286.08$8,037
Jun 200401,29936.106.43$8,356
May 200401,36637.486.49$8,872
Apr 200401,30134.475.86$7,622
Mar 200401,44234.365.53$7,974
Feb 200401,42532.455.51$7,851
Jan 200401,63632.036.30$10,306
Dec 200301,69930.266.30$10,706
Nov 200301,59128.804.60$7,311
Oct 200301,79128.174.76$8,525
Sep 200301,78026.314.75$8,454
Aug 200301,86929.765.13$9,587
Jul 200301,99829.415.17$10,331
Jun 200301,90628.565.98$11,404
May 200302,01926.595.97$12,059
Apr 200301,98226.675.41$10,717
Mar 200302,00831.146.10$12,241
Feb 200301,89733.487.93$15,035
Jan 200302,04830.315.58$11,432
Dec 200202,36726.914.85$11,489
Nov 200201,83524.664.14$7,591
Oct 200201,81026.464.23$7,655
Sep 200201,64827.443.64$5,991
Aug 200201,36925.963.16$4,332
Jul 200201,45124.583.06$4,443
Jun 200201,51423.733.34$5,054
May 200201,56524.663.58$5,609
Apr 200201,60623.653.51$5,641
Mar 200201,76822.003.10$5,486
Feb 200201,56718.222.38$3,723
Jan 200201,72517.172.38$4,098
Dec 200101,78716.932.36$4,225
Nov 200102,00418.072.41$4,821
Oct 200102,00819.782.53$5,078
Sep 200102,31824.262.25$5,219
Aug 200102,43024.873.05$7,419
Jul 200102,87423.933.20$9,188
Jun 200102,03924.563.82$7,797
May 200102,23525.524.31$9,627
Apr 200102,41824.685.34$12,901
Mar 200101,98224.545.38$10,656
Feb 200102,15127.755.77$12,405
Jan 200102,15127.478.40$18,066
Dec 200002,08026.889.12$18,975
Nov 200001,91832.215.66$10,852
Oct 2000651,91631.235.15$11,889
Sep 200002,39431.875.19$12,416
Aug 200002,03729.644.54$9,250
Jul 200002,72028.534.09$11,124
Jun 200001,96029.304.40$8,619
May 200002,33427.263.68$8,589
Apr 200002,10524.513.12$6,559
Mar 200002,29328.422.86$6,557
Feb 200002,17727.622.73$5,936
Jan 200002,74425.272.48$6,806
Dec 199902,23424.282.42$5,415
Nov 199901,86823.192.43$4,547
Oct 199902,89520.982.80$8,117
Sep 199902,93321.752.62$7,681
Aug 199902,03619.262.88$5,855
Jul 199901,75717.892.37$4,168
Jun 199902,98015.942.36$7,039
May 199901,70115.792.32$3,948
Apr 199901,84715.102.21$4,078
Mar 199901,99012.471.84$3,658
Feb 199901,7119.981.82$3,110
Jan 199902,32610.381.90$4,419
Dec 199803,5609.201.77$6,313
Nov 199802,86510.892.19$6,262
Oct 199803,95812.421.97$7,794
Sep 199801,55212.592.08$3,232
Aug 199801,73611.301.91$3,311
Jul 199801,65311.742.24$3,698
Jun 199801,68311.242.24$3,765
May 199802,05812.622.21$4,541
Apr 199802,44913.042.51$6,136
Mar 199801,42012.802.31$3,279
Feb 199801,70813.952.30$3,927
Jan 199802,15214.702.15$4,637
Dec 199702,16416.322.41$5,218
Nov 199702,76918.193.09$8,551
Oct 199702,59519.253.15$8,174
Sep 199791,80917.742.95$5,505
Aug 199701,86317.862.55$4,759
Jul 199701,79117.582.25$4,024
Jun 199701,68217.242.26$3,797
May 199701,60918.972.31$3,714
Apr 199701,60217.882.08$3,337
Mar 199701,79118.951.94$3,473
Feb 199701,73120.492.21$3,818
Jan 199701,90323.483.54$6,736
Dec 199602,02223.32$0
Nov 199602,03721.97$0
Oct 199602,39123.31$0
Sep 199602,63622.22$0
Aug 199603,49220.26$0
Jul 199602,22719.55$0
Jun 199602,36918.73$0
May 199602,58219.43$0
Apr 199602,50521.51$0
Mar 1996642,83319.38$1,240
Feb 199603,06716.98$0
Jan 199603,52117.07$0
Dec 199503,24717.19$0
Nov 199504,17416.00$0
Oct 199503,08715.43$0
Sep 199503,64516.18$0
Aug 199503,96315.92$0
Jul 199503,30715.24$0
Jun 199503,41416.41$0
May 199503,14717.56$0
Apr 19951052,81817.73$1,862
Mar 199503,50816.44$0
Feb 1995553,40016.58$912
Jan 199503,87815.92$0
Dec 199403,15315.03$0
Nov 199403,86515.90$0
Oct 199402,58215.58$0
Sep 199403,05715.29$0
Aug 199403,96916.13$0
Jul 199402,79417.56$0
Jun 199403,70117.09$0
May 199402,46215.88$0
Apr 199403,77414.14$0
Mar 199404,22412.46$0
Feb 19941384,43212.50$1,725
Jan 199402,88812.66$0
Dec 199304,60412.33$0
Nov 199303,66114.49$0
Oct 199304,43115.85$0
Sep 199303,91015.03$0
Aug 199305,86315.66$0
Jul 199304,13115.46$0
Jun 199305,56516.79$0
May 199303,94017.68$0
Apr 199304,91918.05$0
Mar 199303,64818.14$0
Feb 199304,10217.90$0
Jan 199305,07616.93$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 2016 — as filed, then multipliedworked
Condensate             0 bbl  × $ 36.56 =         $0
Gas                  104 Mcf  × $  1.99 =       $207

────────────────────────────────────────────────────
Month total                                     $207

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/127218 is the state's own key, not one this site invented.