HILL

Operated by EASTLAND OPERATING, L.L.C. (P-5 239726) in the RANGER,NW (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24216District 7BField 74660500OilCasinghead gasSaveExport
Value, all time
$24 k
Jan 1993 – Nov 2007
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
179
no gaps in the span
Streams
2
oil, casinghead 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 225 leases and 271 wells, and the rule below applies to all of them.

Discovered
1980-08-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres.

The Commission's schedule remark for this field reads: NET GOR 400 MCF/DAY PER WELL EFF. 2/1/82

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
OilDisposition315 bbl$13,930
Casinghead gasProduction12,754 Mcf$9,946
Total$23,876

8,688 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 32.5159, -98.7236. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.51593, -98.72362 · 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
0.0%
0 of 1 wells
Median depth
3,950 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 3,950 ft.

Completions filed
Dec 1982
1 of 1 wells

1 well

42-4293305313,950 ftDec 1982Yes

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 (179)

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

179 months

Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 2007136075.846.24$10,314
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
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 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 199805612.421.97$110
Sep 199805812.592.08$121
Aug 199809611.301.91$183
Jul 1998219511.742.24$459
Jun 1998017911.242.24$400
May 1998016912.622.21$373
Apr 1998018413.042.51$461
Mar 1998015612.802.31$360
Feb 1998014313.952.30$329
Jan 1998028414.702.15$612
Dec 1997024516.322.41$591
Nov 1997022818.193.09$704
Oct 1997022019.253.15$693
Sep 1997021317.742.95$629
Aug 1997022017.862.55$562
Jul 1997021617.582.25$485
Jun 1997020617.242.26$465
May 1997022018.972.31$508
Apr 1997022317.882.08$464
Mar 1997022618.951.94$438
Feb 1997020620.492.21$454
Jan 1997022323.483.54$789
Dec 1996019623.32$0
Nov 1996013921.97$0
Oct 1996013823.31$0
Sep 1996012722.22$0
Aug 1996011020.26$0
Jul 199609119.55$0
Jun 1996011218.73$0
May 1996011619.43$0
Apr 199615310821.51$3,291
Mar 1996013219.38$0
Feb 1996013216.98$0
Jan 1996019217.07$0
Dec 1995019717.19$0
Nov 1995014016.00$0
Oct 1995019615.43$0
Sep 1995019016.18$0
Aug 1995019515.92$0
Jul 1995027315.24$0
Jun 1995037916.41$0
May 1995037117.56$0
Apr 1995016217.73$0
Mar 1995018516.44$0
Feb 1995025416.58$0
Jan 1995031315.92$0
Dec 1994026615.03$0
Nov 1994026315.90$0
Oct 1994022315.58$0
Sep 1994019015.29$0
Aug 1994020516.13$0
Jul 1994022117.56$0
Jun 1994019117.09$0
May 1994021215.88$0
Apr 1994020914.14$0
Mar 1994022012.46$0
Feb 1994019312.50$0
Jan 1994020512.66$0
Dec 1993021712.33$0
Nov 1993020614.49$0
Oct 1993217315.85$32
Sep 199307015.03$0
Aug 199336115.66$47
Jul 199305315.46$0
Jun 199305716.79$0
May 199309417.68$0
Apr 1993011318.05$0
Mar 1993019218.14$0
Feb 1993018917.90$0
Jan 1993021716.93$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.

Sep 2007 — as filed, then multipliedworked
Oil                  136 bbl  × $ 75.84 =    $10,314
Casinghead gas         0 Mcf  × $  6.24 =         $0

────────────────────────────────────────────────────
Month total                                  $10,314

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/24216 is the state's own key, not one this site invented.