HART -B-

Name: HART -B- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LEXUS GAS CORPORATION (P-5 500225) in the MINERAL WELLS (BIG SALINE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 61711District 7BField 61842500CondensateGasSave Export

Value, all time

$389 k

Jan 1993 – Jul 2004

Value, last 12 filed months

$69 k

at the published price for each month

Months reported

139

no gaps in the span

Streams

condensate, gas

The MINERAL WELLS (BIG SALINE) field

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 46 leases and 46 wells, and the rule below applies to all of them.

Discovered

1960-11-09

as the register files it

Field class

Gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 320 acres.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA BASED UPON 100% ACRES.”

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.

Stream	Basis	Volume	Value
Condensate	Disposition	5,076 bbl	$122,531
Gas	Production	331,315 Mcf	$266,753
Total			$389,284

258,944 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 32.9367, -98.1904. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93669, -98.19045 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

4,665 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 4,665 ft.

Completions filed

May 1991

1 of 1 wells

1 well


42-36330581	2	4,665 ft	May 1991	—	Yes

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 (139)

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

139 months


Jul 2004	166	498	38.28	6.08	$9,384
Jun 2004	0	495	36.10	6.43	$3,184
May 2004	145	506	37.48	6.49	$8,721
Apr 2004	81	496	34.47	5.86	$5,698
Mar 2004	0	482	34.36	5.53	$2,666
Feb 2004	77	432	32.45	5.51	$4,879
Jan 2004	92	593	32.03	6.30	$6,682
Dec 2003	98	593	30.26	6.30	$6,702
Nov 2003	71	581	28.80	4.60	$4,715
Oct 2003	87	598	28.17	4.76	$5,297
Sep 2003	117	590	26.31	4.75	$5,880
Aug 2003	73	596	29.76	5.13	$5,230
Jul 2003	114	599	29.41	5.17	$6,450
Jun 2003	101	592	28.56	5.98	$6,426
May 2003	0	541	26.59	5.97	$3,231
Apr 2003	140	514	26.67	5.41	$6,513
Mar 2003	76	806	31.14	6.10	$7,280
Feb 2003	61	770	33.48	7.93	$8,145
Jan 2003	0	805	30.31	5.58	$4,494
Dec 2002	97	810	26.91	4.85	$6,542
Nov 2002	52	801	24.66	4.14	$4,596
Oct 2002	70	883	26.46	4.23	$5,587
Sep 2002	74	883	27.44	3.64	$5,240
Aug 2002	107	915	25.96	3.16	$5,673
Jul 2002	65	935	24.58	3.06	$4,460
Jun 2002	44	1,079	23.73	3.34	$4,646
May 2002	88	1,105	24.66	3.58	$6,130
Apr 2002	88	1,039	23.65	3.51	$5,731
Mar 2002	100	1,220	22.00	3.10	$5,985
Feb 2002	60	1,291	18.22	2.38	$4,160
Jan 2002	157	1,130	17.17	2.38	$5,380
Dec 2001	0	1,297	16.93	2.36	$3,067
Nov 2001	0	765	18.07	2.41	$1,840
Oct 2001	91	697	19.78	2.53	$3,563
Sep 2001	72	856	24.26	2.25	$3,674
Aug 2001	50	924	24.87	3.05	$4,065
Jul 2001	93	991	23.93	3.20	$5,394
Jun 2001	38	1,023	24.56	3.82	$4,845
May 2001	77	860	25.52	4.31	$5,669
Apr 2001	127	890	24.68	5.34	$7,883
Mar 2001	0	888	24.54	5.38	$4,774
Feb 2001	111	877	27.75	5.77	$8,138
Jan 2001	105	1,014	27.47	8.40	$11,401
Dec 2000	0	972	26.88	9.12	$8,867
Nov 2000	0	1,028	32.21	5.66	$5,816
Oct 2000	0	1,023	31.23	5.15	$5,264
Sep 2000	29	963	31.87	5.19	$5,919
Aug 2000	40	983	29.64	4.54	$5,649
Jul 2000	35	1,067	28.53	4.09	$5,362
Jun 2000	75	1,058	29.30	4.40	$6,850
May 2000	0	1,005	27.26	3.68	$3,698
Apr 2000	39	996	24.51	3.12	$4,059
Mar 2000	19	885	28.42	2.86	$3,071
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	93	0	19.26	2.88	$1,791
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	0	9.20	1.77	$0
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	6	2	12.42	1.97	$78
Sep 1998	0	0	12.59	2.08	$0
Aug 1998	3	422	11.30	1.91	$839
Jul 1998	0	662	11.74	2.24	$1,481
Jun 1998	0	653	11.24	2.24	$1,461
May 1998	0	701	12.62	2.21	$1,547
Apr 1998	0	822	13.04	2.51	$2,059
Mar 1998	0	922	12.80	2.31	$2,129
Feb 1998	0	927	13.95	2.30	$2,131
Jan 1998	0	711	14.70	2.15	$1,532
Dec 1997	0	1,059	16.32	2.41	$2,553
Nov 1997	0	1,051	18.19	3.09	$3,246
Oct 1997	0	1,181	19.25	3.15	$3,720
Sep 1997	0	1,628	17.74	2.95	$4,811
Aug 1997	0	1,646	17.86	2.55	$4,205
Jul 1997	0	1,858	17.58	2.25	$4,175
Jun 1997	0	2,327	17.24	2.26	$5,253
May 1997	0	1,948	18.97	2.31	$4,497
Apr 1997	0	2,550	17.88	2.08	$5,311
Mar 1997	0	2,949	18.95	1.94	$5,719
Feb 1997	0	1,986	20.49	2.21	$4,381
Jan 1997	0	2,126	23.48	3.54	$7,525
Dec 1996	113	1,987	23.32	—	$2,635
Nov 1996	0	2,442	21.97	—	$0
Oct 1996	0	3,651	23.31	—	$0
Sep 1996	0	4,132	22.22	—	$0
Aug 1996	0	4,295	20.26	—	$0
Jul 1996	0	3,922	19.55	—	$0
Jun 1996	0	4,171	18.73	—	$0
May 1996	0	4,900	19.43	—	$0
Apr 1996	0	4,687	21.51	—	$0
Mar 1996	124	5,573	19.38	—	$2,403
Feb 1996	0	4,587	16.98	—	$0
Jan 1996	0	4,795	17.07	—	$0
Dec 1995	0	4,768	17.19	—	$0
Nov 1995	0	5,279	16.00	—	$0
Oct 1995	125	6,795	15.43	—	$1,929
Sep 1995	0	5,845	16.18	—	$0
Aug 1995	0	4,315	15.92	—	$0
Jul 1995	0	4,007	15.24	—	$0
Jun 1995	0	2,747	16.41	—	$0
May 1995	0	573	17.56	—	$0
Apr 1995	0	2,639	17.73	—	$0
Mar 1995	0	3,249	16.44	—	$0
Feb 1995	0	3,140	16.58	—	$0
Jan 1995	146	4,141	15.92	—	$2,324
Dec 1994	0	4,335	15.03	—	$0
Nov 1994	0	4,225	15.90	—	$0
Oct 1994	0	4,298	15.58	—	$0
Sep 1994	137	4,505	15.29	—	$2,095
Aug 1994	0	5,077	16.13	—	$0
Jul 1994	0	5,020	17.56	—	$0
Jun 1994	0	4,998	17.09	—	$0
May 1994	0	4,521	15.88	—	$0
Apr 1994	0	4,767	14.14	—	$0
Mar 1994	132	7,981	12.46	—	$1,645
Feb 1994	0	7,539	12.50	—	$0
Jan 1994	0	6,719	12.66	—	$0
Dec 1993	143	7,149	12.33	—	$1,763
Nov 1993	0	5,019	14.49	—	$0
Oct 1993	0	3,322	15.85	—	$0
Sep 1993	0	8,145	15.03	—	$0
Aug 1993	131	8,565	15.66	—	$2,051
Jul 1993	0	7,998	15.46	—	$0
Jun 1993	0	9,827	16.79	—	$0
May 1993	137	10,886	17.68	—	$2,422
Apr 1993	0	11,213	18.05	—	$0
Mar 1993	155	10,342	18.14	—	$2,812
Feb 1993	0	4,428	17.90	—	$0
Jan 1993	129	11,425	16.93	—	$2,184

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.

Jul 2004 — as filed, then multipliedworked

Condensate           166 bbl  × $ 38.28 =     $6,354
Gas                  498 Mcf  × $  6.08 =     $3,030

────────────────────────────────────────────────────
Month total                                   $9,384

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/61711 is the state's own key, not one this site invented.