VESTAL

Operated by HOFCO, INC. (P-5 390898) in the NICHOLAS (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 224904District 7BField 65433500GasSaveExport
Value, all time
$370 k
Feb 2007 – Jul 2017
Value, last 12 filed months
$701
at the published price for each month
Months reported
126
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 60 leases and 69 wells, and the rule below applies to all of them.

Discovered
1978-07-09
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: FIELD TYPE CHANGED TO AOF EFFECTIVE 3/1/01.

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
GasProduction79,367 Mcf$370,012
Total$370,012

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 32.1467, -99.1477. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14667, -99.14774 · 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
3,840 ft
1 wells filed one
Completion to plug
10.4 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 3,840 ft.

Completions filed
Feb 2007
1 of 1 wells
Plug dates filed
Jul 2017
1 of 1 wells

Last completion to plug: a median of 10.4 years across the 1 well that filed both dates, with the middle half between 10.4 years and 10.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0593664813,840 ftFeb 2007Jul 2017Yes

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 (126)

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

126 months

Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 20172547.933.21$80
Mar 20172546.772.98$75
Feb 20172550.452.95$74
Jan 20172449.413.42$82
Dec 20162148.763.72$78
Nov 20162342.492.64$61
Oct 20163346.193.09$102
Sep 20163341.553.10$102
Aug 20161641.442.92$47
Jul 20162441.622.92$70
Jun 20163145.352.69$83
May 20163342.521.99$66
Apr 20163036.561.99$60
Mar 20163333.011.79$59
Feb 20162926.472.06$60
Jan 20162027.352.36$47
Dec 20152632.362.00$52
Nov 20152838.792.17$61
Oct 20153343.552.43$80
Sep 2015042.992.76$0
Aug 20152140.162.87$60
Jul 20152648.152.95$77
Jun 20153356.152.88$95
May 20153855.212.96$112
Apr 201521749.822.71$587
Mar 201584342.892.93$2,474
Feb 20151,01944.662.98$3,033
Jan 20151,22843.433.10$3,808
Dec 201417554.693.59$628
Nov 201424970.464.25$1,059
Oct 201471278.303.90$2,777
Sep 201417986.164.05$724
Aug 20141,06089.394.04$4,277
Jul 20141,35196.564.18$5,647
Jun 20141,54998.164.74$7,337
May 20141,12194.734.73$5,298
Apr 20141,21195.944.81$5,824
Mar 201467295.895.06$3,398
Feb 201452697.406.19$3,257
Jan 201468490.404.86$3,325
Dec 201386091.824.35$3,745
Nov 201399688.853.74$3,723
Oct 20131,19697.423.78$4,520
Sep 20131,254104.113.72$4,662
Aug 20131,135104.253.52$3,998
Jul 20131,202102.523.72$4,469
Jun 20131,10794.403.93$4,354
May 20131,07894.834.15$4,473
Apr 201382793.964.28$3,542
Mar 201389993.623.91$3,518
Feb 201382191.233.42$2,808
Jan 201376991.603.42$2,630
Dec 201291486.773.42$3,126
Nov 201289486.953.62$3,241
Oct 201292889.383.40$3,155
Sep 201290594.672.92$2,641
Aug 201286192.662.91$2,504
Jul 201282885.133.02$2,501
Jun 201290179.822.52$2,270
May 201282591.612.49$2,053
Apr 2012887101.652.00$1,771
Mar 2012883105.052.22$1,962
Feb 2012835101.102.57$2,146
Jan 201286998.092.73$2,376
Dec 201185096.873.24$2,754
Nov 201187395.723.31$2,891
Oct 201192484.983.65$3,371
Sep 201192083.623.99$3,667
Aug 201197283.404.15$4,033
Jul 201173394.144.52$3,311
Jun 201181292.904.64$3,768
May 20111,01998.134.40$4,489
Apr 2011872105.964.33$3,779
Mar 201198896.364.06$4,009
Feb 201131285.644.18$1,304
Jan 201139386.504.59$1,803
Dec 201076385.734.35$3,317
Nov 201087280.843.80$3,310
Oct 201088778.103.51$3,112
Sep 201088772.633.98$3,530
Aug 201080273.684.42$3,544
Jul 201080272.554.74$3,799
Jun 201071170.364.91$3,491
May 201088971.124.24$3,765
Apr 201071381.694.12$2,939
Mar 201070678.394.39$3,098
Feb 201070473.585.44$3,831
Jan 201076074.365.96$4,533
Dec 200988171.445.48$4,831
Nov 200982474.593.75$3,091
Oct 200983472.544.11$3,428
Sep 200981265.543.06$2,489
Aug 200973067.423.22$2,350
Jul 200975561.133.46$2,616
Jun 200999266.163.90$3,864
May 200965054.743.93$2,552
Apr 200961946.773.59$2,221
Mar 200969742.144.06$2,829
Feb 200967232.814.63$3,113
Jan 200953635.865.37$2,879
Dec 200857137.105.98$3,413
Nov 200867055.496.86$4,596
Oct 200862275.246.92$4,305
Sep 2008672101.767.88$5,293
Aug 2008744114.228.48$6,311
Jul 2008869131.0811.39$9,897
Jun 2008227131.3313.03$2,958
May 2008267123.1711.57$3,090
Apr 2008456110.3110.45$4,767
Mar 2008771101.909.66$7,451
Feb 200870592.538.77$6,183
Jan 200881490.388.21$6,679
Dec 200772388.337.30$5,279
Nov 200774891.677.29$5,454
Oct 200775982.856.92$5,254
Sep 200770975.846.24$4,427
Aug 200760569.066.39$3,865
Jul 200753870.906.39$3,437
Jun 200765262.007.55$4,922
May 200765758.747.85$5,155
Apr 200749959.617.81$3,895
Mar 200769456.927.30$5,068
Feb 20071,12955.108.22$9,276

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 2017 — as filed, then multipliedworked
Gas                   25 Mcf  × $  3.21 =        $80

────────────────────────────────────────────────────
Month total                                      $80

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/224904 is the state's own key, not one this site invented.