HICKS

Operated by FOSSIL OPERATING, INC. (P-5 278846) in the TAUREN (CADDO, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 174025District 7BField 88462075GasSaveExport
Value, all time
$42 k
Mar 1999 – Jan 2003
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
47
no gaps in the span
Streams
1
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1998-04-02
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 06/01/2000.

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
GasProduction11,931 Mcf$41,841
Total$41,841

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 32.1817, -99.1153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18174, -99.11531 · 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
3.3 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
Oct 1999
1 of 1 wells
Plug dates filed
Jan 2003
1 of 1 wells

Last completion to plug: a median of 3.3 years across the 1 well that filed both dates, with the middle half between 3.3 years and 3.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1333776714,100 ftOct 1999Jan 2003Yes

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 (47)

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

47 months

Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 200212725.963.16$402
Jul 200212424.583.06$380
Jun 200213123.733.34$437
May 200212724.663.58$455
Apr 200217523.653.51$615
Mar 200221122.003.10$655
Feb 200221518.222.38$511
Jan 200226517.172.38$630
Dec 200134516.932.36$816
Nov 200119418.072.41$467
Oct 200127319.782.53$690
Sep 200118424.262.25$414
Aug 200111424.873.05$348
Jul 200114723.933.20$470
Jun 200115424.563.82$589
May 2001025.524.31$0
Apr 200114024.685.34$747
Mar 200118524.545.38$995
Feb 200113227.755.77$761
Jan 200115027.478.40$1,260
Dec 200016426.889.12$1,496
Nov 200013132.215.66$741
Oct 200030931.235.15$1,590
Sep 200036331.875.19$1,883
Aug 200045629.644.54$2,071
Jul 200055928.534.09$2,286
Jun 200062629.304.40$2,753
May 200094127.263.68$3,463
Apr 20001,03124.513.12$3,213
Mar 20001,18828.422.86$3,397
Feb 20001,21227.622.73$3,305
Jan 200097625.272.48$2,421
Dec 199912724.282.42$308
Nov 1999023.192.43$0
Oct 199945520.982.80$1,276
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$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.

Aug 2002 — as filed, then multipliedworked
Gas                  127 Mcf  × $  3.16 =       $402

────────────────────────────────────────────────────
Month total                                     $402

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/174025 is the state's own key, not one this site invented.