HANNIS

Operated by SPENCE ENERGY COMPANY (P-5 809332) in the ELBERT, N. (MISS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 28575District 7BField 28261500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$93 k
Jan 1999 – Oct 2003
Value, last 12 filed months
$0
at the published price for each month
Months reported
58
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 7 leases and 13 wells, and the rule below applies to all of them.

Discovered
1983-12-27
as the register files it
Field class
Oil
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 1994-11-21.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: NOV. 21, 1994.

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
OilDisposition4,377 bbl$93,167
Casinghead gasProduction36 Mcf$130
Total$93,298

Wells on this lease (3)

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 33.3578, -98.9827. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.1 miles.

33.35869, -98.98037 · 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%
3 of 3 wells
With a plug date
100.0%
3 of 3 wells
Median depth
5,000 ft
3 wells filed one
Completion to plug
4.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
3100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
3100.0%
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 4,994 and 5,000 ft, median 5,000 ft, over the 3 wells that filed a depth.

Completions filed
Jan 1999 – Aug 1999
3 of 3 wells
Plug dates filed
Aug 2003 – Sep 2003
3 of 3 wells

Last completion to plug: a median of 4.3 years across the 3 wells that filed both dates, with the middle half between 4.3 years and 4.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-4473591434,994 ftAug 1999Sep 2003Yes
42-4473590715,000 ftApr 1999Aug 2003Yes
42-4473590825,000 ftJan 1999Aug 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 (58)

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

58 months

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 200246024.663.58$1,134
Apr 200238123.653.51$902
Mar 20020022.003.10$0
Feb 20020118.222.38$2
Jan 20020017.172.38$0
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 20010124.873.05$3
Jul 20010023.933.20$0
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 20010124.685.34$5
Mar 20010124.545.38$5
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 2000180126.889.12$4,848
Nov 20000132.215.66$6
Oct 2000176131.235.15$5,502
Sep 2000146131.875.19$4,658
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 20000124.513.12$3
Mar 20000128.422.86$3
Feb 2000396127.622.73$10,940
Jan 2000295125.272.48$7,457
Dec 1999176124.282.42$4,276
Nov 1999198123.192.43$4,594
Oct 19990120.982.80$3
Sep 1999850121.752.62$18,490
Aug 1999517119.262.88$9,960
Jul 19990117.892.37$2
Jun 1999166115.942.36$2,648
May 1999843115.792.32$13,313
Apr 1999181015.102.21$2,733
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 1999169110.381.90$1,756

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.

May 2002 — as filed, then multipliedworked
Oil                   46 bbl  × $ 24.66 =     $1,134
Casinghead gas         0 Mcf  × $  3.58 =         $0

────────────────────────────────────────────────────
Month total                                   $1,134

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/28575 is the state's own key, not one this site invented.