HARDWICK, G. W.

Operated by APACHE CORPORATION (P-5 27200) in the KATZ field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24897District 7BField 48294001OilCasinghead gasSaveExport
Value, all time
$667 k
Jan 1993 – Feb 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
206
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 44 leases and 269 wells, and the rule below applies to all of them.

Discovered
1951-01-21
as the register files it
Field class
Oil
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: INTO THE KATZ (STRAWN).

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
OilDisposition36,559 bbl$665,285
Casinghead gasProduction3,779 Mcf$1,421
Total$666,706

3,206 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.

Every month this lease reported (206)

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

206 months

Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 200755059.617.81$3,279
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 2006144066.016.42$9,505
Apr 20060064.397.36$0
Mar 200611056.707.08$624
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 2003175028.804.60$5,040
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 2003177026.675.41$4,721
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 2001175024.262.25$4,246
Aug 2001175024.873.05$4,352
Jul 2001175023.933.20$4,188
Jun 2001352024.563.82$8,645
May 2001174025.524.31$4,440
Apr 2001174024.685.34$4,294
Mar 2001358024.545.38$8,785
Feb 20010027.755.77$0
Jan 2001357027.478.40$9,807
Dec 20000026.889.12$0
Nov 2000283032.215.66$9,115
Oct 20000031.235.15$0
Sep 2000342031.875.19$10,900
Aug 2000350029.644.54$10,374
Jul 20000028.534.09$0
Jun 2000516029.304.40$15,119
May 20000027.263.68$0
Apr 2000349024.513.12$8,554
Mar 20000028.422.86$0
Feb 2000184027.622.73$5,082
Jan 2000362025.272.48$9,148
Dec 1999350024.282.42$8,498
Nov 1999177023.192.43$4,105
Oct 19990020.982.80$0
Sep 1999371021.752.62$8,069
Aug 1999183019.262.88$3,525
Jul 1999358017.892.37$6,405
Jun 1999182015.942.36$2,901
May 1999183015.792.32$2,890
Apr 1999181015.102.21$2,733
Mar 1999184012.471.84$2,294
Feb 199918409.981.82$1,836
Jan 1999187010.381.90$1,941
Dec 199837509.201.77$3,450
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998171012.592.08$2,153
Aug 1998363011.301.91$4,102
Jul 1998194011.742.24$2,278
Jun 1998183011.242.24$2,057
May 1998182012.622.21$2,297
Apr 1998368013.042.51$4,799
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970516.322.41$12
Nov 19970018.193.09$0
Oct 19973482819.253.15$6,787
Sep 199706017.742.95$177
Aug 19973475017.862.55$6,325
Jul 199706517.582.25$146
Jun 19973445017.242.26$6,043
May 19973536618.972.31$6,849
Apr 19973526017.882.08$6,419
Mar 19973466518.951.94$6,683
Feb 199706420.492.21$141
Jan 19973466023.483.54$8,336
Dec 19963436623.32$7,999
Nov 19963605521.97$7,909
Oct 19963564523.31$8,298
Sep 19963625022.22$8,044
Aug 19963534520.26$7,152
Jul 19966956319.55$13,587
Jun 19963532018.73$6,612
May 19963532619.43$6,859
Apr 19966995521.51$15,035
Mar 19963456019.38$6,686
Feb 19963525816.98$5,977
Jan 19963476017.07$5,923
Dec 19953446017.19$5,913
Nov 19957096016.00$11,344
Oct 19953556015.43$5,478
Sep 19953486016.18$5,631
Aug 19953486015.92$5,540
Jul 19953426015.24$5,212
Jun 19953576016.41$5,858
May 19953546017.56$6,216
Apr 19953566017.73$6,312
Mar 19956816016.44$11,196
Feb 19954906016.58$8,124
Jan 19958516015.92$13,548
Dec 19943516015.03$5,276
Nov 19943366015.90$5,342
Oct 19947376015.58$11,482
Sep 19947106015.29$10,856
Aug 19946976016.13$11,243
Jul 1994346117.56$6,076
Jun 1994700117.09$11,963
May 1994886115.88$14,070
Apr 1994694114.14$9,813
Mar 1994696112.46$8,672
Feb 1994696112.50$8,700
Jan 1994650112.66$8,229
Dec 1993877112.33$10,813
Nov 1993704114.49$10,201
Oct 1993352115.85$5,579
Sep 1993697115.03$10,476
Aug 199334621215.66$5,418
Jul 199387221715.46$13,481
Jun 199334421016.79$5,776
May 199369621717.68$12,305
Apr 199335421018.05$6,390
Mar 199361821718.14$11,211
Feb 199370819617.90$12,673
Jan 19933399316.93$5,739

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 2007 — as filed, then multipliedworked
Oil                   55 bbl  × $ 59.61 =     $3,279
Casinghead gas         0 Mcf  × $  7.81 =         $0

────────────────────────────────────────────────────
Month total                                   $3,279

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/24897 is the state's own key, not one this site invented.