HINKSON

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

Operated by ECHO PRODUCTION, INC. (P-5 240125) in the PICKWICK (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21847District 7BField 71370400OilCasinghead gasSave Export

Value, all time

$338 k

Jan 1993 – Oct 2003

Value, last 12 filed months

at the published price for each month

Months reported

130

no gaps in the span

Streams

oil, casinghead gas

The PICKWICK (MARBLE FALLS) 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 43 leases and 54 wells, and the rule below applies to all of them.

Discovered

1978-11-08

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-06-01.

The Commission's schedule remark for this field reads: “WES-MOR DRILLING, INC.”

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
Oil	Disposition	7,400 bbl	$134,621
Casinghead gas	Production	137,606 Mcf	$203,260
Total			$337,881

70,666 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 32.9222, -98.3884. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.92217, -98.38838 · 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

100.0%

1 of 1 wells

Median depth

4,368 ft

1 wells filed one

Completion to plug

24.8 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 4,368 ft.

Completions filed

Nov 1978

1 of 1 wells

Plug dates filed

Aug 2003

1 of 1 wells

Last completion to plug: a median of 24.8 years across the 1 well that filed both dates, with the middle half between 24.8 years and 24.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-36332003	1	4,368 ft	Nov 1978	Aug 2003	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 (130)

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

130 months


Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	1	0	25.96	3.16	$26
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	162	0	24.66	3.58	$3,995
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	307	22.00	3.10	$953
Feb 2002	0	884	18.22	2.38	$2,100
Jan 2002	0	849	17.17	2.38	$2,017
Dec 2001	0	630	16.93	2.36	$1,490
Nov 2001	157	890	18.07	2.41	$4,978
Oct 2001	0	802	19.78	2.53	$2,028
Sep 2001	0	704	24.26	2.25	$1,585
Aug 2001	142	964	24.87	3.05	$6,475
Jul 2001	0	1,108	23.93	3.20	$3,542
Jun 2001	0	953	24.56	3.82	$3,644
May 2001	5	975	25.52	4.31	$4,327
Apr 2001	171	991	24.68	5.34	$9,508
Mar 2001	0	1,050	24.54	5.38	$5,645
Feb 2001	0	943	27.75	5.77	$5,438
Jan 2001	0	1,080	27.47	8.40	$9,071
Dec 2000	139	1,097	26.88	9.12	$13,744
Nov 2000	0	556	32.21	5.66	$3,146
Oct 2000	0	1,107	31.23	5.15	$5,696
Sep 2000	145	1,027	31.87	5.19	$9,948
Aug 2000	0	1,025	29.64	4.54	$4,654
Jul 2000	170	1,142	28.53	4.09	$9,521
Jun 2000	0	1,098	29.30	4.40	$4,828
May 2000	0	904	27.26	3.68	$3,326
Apr 2000	0	1,048	24.51	3.12	$3,266
Mar 2000	2	1,128	28.42	2.86	$3,283
Feb 2000	156	1,068	27.62	2.73	$7,221
Jan 2000	0	1,121	25.27	2.48	$2,781
Dec 1999	179	1,102	24.28	2.42	$7,017
Nov 1999	0	1,080	23.19	2.43	$2,629
Oct 1999	0	801	20.98	2.80	$2,246
Sep 1999	0	1,023	21.75	2.62	$2,679
Aug 1999	172	1,140	19.26	2.88	$6,591
Jul 1999	1	1,056	17.89	2.37	$2,523
Jun 1999	0	1,106	15.94	2.36	$2,612
May 1999	105	1,148	15.79	2.32	$4,322
Apr 1999	0	1,206	15.10	2.21	$2,663
Mar 1999	179	1,177	12.47	1.84	$4,396
Feb 1999	0	1,098	9.98	1.82	$1,996
Jan 1999	0	1,114	10.38	1.90	$2,117
Dec 1998	0	1,100	9.20	1.77	$1,951
Nov 1998	168	1,211	10.89	2.19	$4,476
Oct 1998	0	1,286	12.42	1.97	$2,532
Sep 1998	1	1,158	12.59	2.08	$2,424
Aug 1998	147	1,252	11.30	1.91	$4,049
Jul 1998	2	1,204	11.74	2.24	$2,717
Jun 1998	160	1,204	11.24	2.24	$4,492
May 1998	4	1,281	12.62	2.21	$2,877
Apr 1998	3	996	13.04	2.51	$2,534
Mar 1998	177	1,256	12.80	2.31	$5,166
Feb 1998	1	1,047	13.95	2.30	$2,421
Jan 1998	2	1,123	14.70	2.15	$2,449
Dec 1997	161	851	16.32	2.41	$4,679
Nov 1997	2	1,046	18.19	3.09	$3,267
Oct 1997	96	1,246	19.25	3.15	$5,773
Sep 1997	1	1,253	17.74	2.95	$3,720
Aug 1997	180	1,286	17.86	2.55	$6,500
Jul 1997	0	767	17.58	2.25	$1,723
Jun 1997	7	1,281	17.24	2.26	$3,012
May 1997	127	1,399	18.97	2.31	$5,639
Apr 1997	2	1,304	17.88	2.08	$2,752
Mar 1997	153	1,334	18.95	1.94	$5,486
Feb 1997	1	1,224	20.49	2.21	$2,721
Jan 1997	157	1,329	23.48	3.54	$8,391
Dec 1996	0	1,157	23.32	—	$0
Nov 1996	93	1,330	21.97	—	$2,043
Oct 1996	0	1,158	23.31	—	$0
Sep 1996	172	1,143	22.22	—	$3,822
Aug 1996	0	1,329	20.26	—	$0
Jul 1996	149	1,422	19.55	—	$2,913
Jun 1996	132	1,490	18.73	—	$2,472
May 1996	0	1,551	19.43	—	$0
Apr 1996	0	1,509	21.51	—	$0
Mar 1996	173	1,589	19.38	—	$3,353
Feb 1996	0	1,475	16.98	—	$0
Jan 1996	181	1,500	17.07	—	$3,090
Dec 1995	0	1,568	17.19	—	$0
Nov 1995	169	1,339	16.00	—	$2,704
Oct 1995	0	1,483	15.43	—	$0
Sep 1995	1	1,532	16.18	—	$16
Aug 1995	154	880	15.92	—	$2,452
Jul 1995	95	1,542	15.24	—	$1,448
Jun 1995	0	1,315	16.41	—	$0
May 1995	165	1,410	17.56	—	$2,897
Apr 1995	0	1,272	17.73	—	$0
Mar 1995	174	1,345	16.44	—	$2,861
Feb 1995	3	1,179	16.58	—	$50
Jan 1995	133	886	15.92	—	$2,117
Dec 1994	0	1,066	15.03	—	$0
Nov 1994	169	1,048	15.90	—	$2,687
Oct 1994	0	1,359	15.58	—	$0
Sep 1994	2	1,669	15.29	—	$31
Aug 1994	178	1,714	16.13	—	$2,871
Jul 1994	129	1,716	17.56	—	$2,265
Jun 1994	0	1,633	17.09	—	$0
May 1994	134	1,798	15.88	—	$2,128
Apr 1994	166	1,732	14.14	—	$2,347
Mar 1994	3	1,788	12.46	—	$37
Feb 1994	135	1,641	12.50	—	$1,688
Jan 1994	176	1,734	12.66	—	$2,228
Dec 1993	0	1,673	12.33	—	$0
Nov 1993	187	1,642	14.49	—	$2,710
Oct 1993	0	1,470	15.85	—	$0
Sep 1993	170	1,541	15.03	—	$2,555
Aug 1993	1	1,689	15.66	—	$16
Jul 1993	136	1,744	15.46	—	$2,103
Jun 1993	65	1,697	16.79	—	$1,091
May 1993	176	1,761	17.68	—	$3,112
Apr 1993	0	1,711	18.05	—	$0
Mar 1993	184	1,641	18.14	—	$3,338
Feb 1993	2	1,475	17.90	—	$36
Jan 1993	155	1,320	16.93	—	$2,624

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

Oil                    1 bbl  × $ 25.96 =        $26
Casinghead gas         0 Mcf  × $  3.16 =         $0

────────────────────────────────────────────────────
Month total                                      $26

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/O/21847 is the state's own key, not one this site invented.