HODNETT

Operated by INTERSTATE EXPLORATIONS LLC (P-5 425206) in the EASTLAND COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28321District 7BField 27358001OilSaveExport
Value, all time
$84 k
Aug 1997 – Jan 2011
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
162
no gaps in the span
Streams
1
oil

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 1,053 leases and 2,020 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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

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
OilDisposition3,719 bbl$84,314
Total$84,314

Wells on this lease (2)

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 32.0786, -98.9950. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.07858, -98.99504 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
1,280 ft
2 wells filed one
Completion to plug
8.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 1,244 and 1,315 ft, median 1,280 ft, over the 2 wells that filed a depth.

Completions filed
Aug 1997 – Feb 2007
2 of 2 wells
Plug dates filed
Oct 2010
2 of 2 wells

Last completion to plug: a median of 8.4 years across the 2 wells that filed both dates, with the middle half between 6.1 years and 10.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1333797831,244 ftFeb 2007Oct 2010Yes
42-1333151711,315 ftAug 1997Oct 2010Yes

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 (162)

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

162 months

Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 20103672.633.98$2,615
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 20075491.677.29$4,950
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0
May 2007058.747.85$0
Apr 2007059.617.81$0
Mar 2007056.927.30$0
Feb 2007055.108.22$0
Jan 2007050.306.73$0
Dec 20061956.656.92$1,076
Nov 2006054.207.62$0
Oct 2006054.906.01$0
Sep 2006060.085.04$0
Aug 2006068.717.34$0
Jul 2006069.376.34$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0
Feb 2006057.597.75$0
Jan 2006060.598.93$0
Dec 2005054.9413.42$0
Nov 2005054.6910.59$0
Oct 2005058.3413.80$0
Sep 2005061.4512.08$0
Aug 2005061.519.80$0
Jul 2005055.697.84$0
Jun 20055052.337.38$2,617
May 2005045.226.65$0
Apr 2005049.207.36$0
Mar 2005050.377.15$0
Feb 2005045.226.31$0
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 20034928.174.76$1,380
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 20031231.146.10$374
Feb 2003033.487.93$0
Jan 20032530.315.58$758
Dec 2002026.914.85$0
Nov 20025924.664.14$1,455
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 20026125.963.16$1,584
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 20025824.663.58$1,430
Apr 2002023.653.51$0
Mar 20026122.003.10$1,342
Feb 2002018.222.38$0
Jan 20025517.172.38$944
Dec 2001016.932.36$0
Nov 20015818.072.41$1,048
Oct 20015919.782.53$1,167
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 20014923.933.20$1,173
Jun 20015724.563.82$1,400
May 2001025.524.31$0
Apr 20015124.685.34$1,259
Mar 20013324.545.38$810
Feb 20014827.755.77$1,332
Jan 20015627.478.40$1,538
Dec 2000026.889.12$0
Nov 20005932.215.66$1,900
Oct 20006231.235.15$1,936
Sep 200011331.875.19$3,601
Aug 20006129.644.54$1,808
Jul 20006028.534.09$1,712
Jun 20009029.304.40$2,637
May 20006027.263.68$1,636
Apr 20005724.513.12$1,397
Mar 20005128.422.86$1,449
Feb 20006127.622.73$1,685
Jan 200011125.272.48$2,805
Dec 19996224.282.42$1,505
Nov 199910923.192.43$2,528
Oct 199913420.982.80$2,811
Sep 199914621.752.62$3,176
Aug 199914519.262.88$2,793
Jul 19997017.892.37$1,252
Jun 1999015.942.36$0
May 19997215.792.32$1,137
Apr 199914315.102.21$2,159
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 19985110.892.19$555
Oct 19988612.421.97$1,068
Sep 199816112.592.08$2,027
Aug 199817311.301.91$1,955
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 19988612.622.21$1,085
Apr 199816513.042.51$2,152
Mar 199811812.802.31$1,510
Feb 199811113.952.30$1,548
Jan 199815214.702.15$2,234
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$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 2010 — as filed, then multipliedworked
Oil                   36 bbl  × $ 72.63 =     $2,615

────────────────────────────────────────────────────
Month total                                   $2,615

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/28321 is the state's own key, not one this site invented.