HINKLE

Operated by WISE PRODUCTION COMPANY (P-5 933825) in the POOLVILLE, SW. (CONGL. 4700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 86843District 7BField 72306700CondensateGasSaveExport
Value, all time
$46 k
Jan 1993 – Apr 2003
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
124
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 27 leases and 27 wells, and the rule below applies to all of them.

Discovered
1976-02-16
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: ALLOCATION FORMULA EFFECTIVE 09/01/2004.

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
CondensateDisposition103 bbl$3,344
GasProduction32,390 Mcf$43,068
Total$46,412

16,438 Mcf of this lease's gas, across 47 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 32.9351, -97.9169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93508, -97.91691 · 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
5,025 ft
1 wells filed one
Completion to plug
23.2 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 5,025 ft.

Completions filed
Dec 1979
1 of 1 wells
Plug dates filed
Feb 2003
1 of 1 wells

Last completion to plug: a median of 23.2 years across the 1 well that filed both dates, with the middle half between 23.2 years and 23.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3673180435,025 ftDec 1979Feb 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 (124)

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

124 months

Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200397033.487.93$3,248
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 200205122.003.10$158
Feb 200202318.222.38$55
Jan 200201117.172.38$26
Dec 200107816.932.36$184
Nov 200102818.072.41$67
Oct 200109919.782.53$250
Sep 2001012924.262.25$290
Aug 2001013324.873.05$406
Jul 2001013323.933.20$425
Jun 2001013824.563.82$528
May 2001015325.524.31$659
Apr 2001012624.685.34$672
Mar 2001013524.545.38$726
Feb 2001012527.755.77$721
Jan 200107527.478.40$630
Dec 200008826.889.12$803
Nov 2000012132.215.66$685
Oct 2000010031.235.15$515
Sep 200008831.875.19$456
Aug 2000013429.644.54$608
Jul 2000022528.534.09$920
Jun 2000023029.304.40$1,011
May 2000025427.263.68$935
Apr 2000021924.513.12$682
Mar 2000018728.422.86$535
Feb 2000012527.622.73$341
Jan 2000016425.272.48$407
Dec 1999018524.282.42$448
Nov 1999015223.192.43$370
Oct 1999015820.982.80$443
Sep 1999027621.752.62$723
Aug 1999036019.262.88$1,035
Jul 1999035017.892.37$830
Jun 1999032415.942.36$765
May 1999032815.792.32$761
Apr 1999031615.102.21$698
Mar 1999036612.471.84$673
Feb 199903309.981.82$600
Jan 1999036010.381.90$684
Dec 199804059.201.77$718
Nov 1998035510.892.19$776
Oct 1998040912.421.97$805
Sep 1998042112.592.08$877
Aug 1998042411.301.91$809
Jul 1998036311.742.24$812
Jun 1998053011.242.24$1,186
May 1998010012.622.21$221
Apr 1998034013.042.51$852
Mar 1998041612.802.31$961
Feb 1998022113.952.30$508
Jan 1998040314.702.15$868
Dec 1997024516.322.41$591
Nov 1997024118.193.09$744
Oct 1997038019.253.15$1,197
Sep 1997043917.742.95$1,297
Aug 1997044117.862.55$1,127
Jul 1997051817.582.25$1,164
Jun 1997044217.242.26$998
May 1997041018.972.31$946
Apr 1997038117.882.08$794
Mar 1997040018.951.94$776
Feb 1997036320.492.21$801
Jan 1997042823.483.54$1,515
Dec 1996039923.32$0
Nov 1996028521.97$0
Oct 1996025323.31$0
Sep 1996028122.22$0
Aug 1996033620.26$0
Jul 1996036619.55$0
Jun 1996035218.73$0
May 1996137319.43$19
Apr 1996033721.51$0
Mar 1996039719.38$0
Feb 1996036116.98$0
Jan 1996039417.07$0
Dec 1995039417.19$0
Nov 1995036516.00$0
Oct 1995038815.43$0
Sep 1995038516.18$0
Aug 1995039615.92$0
Jul 1995041715.24$0
Jun 1995041016.41$0
May 1995051417.56$0
Apr 1995078517.73$0
Mar 1995025416.44$0
Feb 19950016.58$0
Jan 199505315.92$0
Dec 1994032915.03$0
Nov 1994031415.90$0
Oct 1994032515.58$0
Sep 1994021415.29$0
Aug 1994014016.13$0
Jul 1994021417.56$0
Jun 1994029217.09$0
May 1994331615.88$48
Apr 1994026014.14$0
Mar 199408712.46$0
Feb 1994018112.50$0
Jan 1994021512.66$0
Dec 1993032912.33$0
Nov 1993254114.49$29
Oct 1993044415.85$0
Sep 1993033715.03$0
Aug 1993033115.66$0
Jul 1993043415.46$0
Jun 1993044416.79$0
May 1993041917.68$0
Apr 1993039218.05$0
Mar 1993045418.14$0
Feb 1993040217.90$0
Jan 1993052916.93$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.

Feb 2003 — as filed, then multipliedworked
Condensate            97 bbl  × $ 33.48 =     $3,248
Gas                    0 Mcf  × $  7.93 =         $0

────────────────────────────────────────────────────
Month total                                   $3,248

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/86843 is the state's own key, not one this site invented.