HIGGINS UNIT

Operated by PETEX (P-5 659782) in the OLIVE MAE (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 29218District 7BField 67155300OilCasinghead gasSaveExport
Value, all time
$1.2 M
Feb 2003 – Jun 2024
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
257
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 50 wells, and the rule below applies to all of them.

Discovered
1986-12-31
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

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 11/01/2000.

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
OilDisposition8,367 bbl$511,788
Casinghead gasProduction93,496 Mcf$654,215
Total$1,166,004

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 32.6052, -98.9728. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.60522, -98.97281 · 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
100.0%
1 of 1 wells
Median depth
3,658 ft
1 wells filed one
Completion to plug
22.9 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 3,658 ft.

Completions filed
Apr 2000
1 of 1 wells
Plug dates filed
Mar 2023
1 of 1 wells

Last completion to plug: a median of 22.9 years across the 1 well that filed both dates, with the middle half between 22.9 years and 22.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-429357931B3,658 ftApr 2000Mar 2023Yes

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 (257)

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

257 months

Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024168080.301.55$13,490
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201735049.292.98$1,725
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016169033.011.79$5,579
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015168044.662.98$7,503
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014162090.404.86$14,645
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201381093.623.91$7,583
Feb 20130091.233.42$0
Jan 20130991.603.42$31
Dec 20120986.773.42$31
Nov 201259086.953.62$5,130
Oct 20120089.383.40$0
Sep 20120794.672.92$20
Aug 2012164592.662.91$15,211
Jul 20120085.133.02$0
Jun 201202279.822.52$55
May 201211091.612.49$1,008
Apr 201200101.652.00$0
Mar 20129583105.052.22$10,164
Feb 201200101.102.57$0
Jan 2012102598.092.73$1,049
Dec 2011149296.873.24$14,440
Nov 2011016995.723.31$560
Oct 2011046684.983.65$1,700
Sep 2011034083.623.99$1,355
Aug 201116610683.404.15$14,284
Jul 2011016294.144.52$732
Jun 20111014792.904.64$1,611
May 2011015798.134.40$692
Apr 2011050105.964.33$217
Mar 2011024596.364.06$994
Feb 20111320085.644.18$1,949
Jan 2011027986.504.59$1,280
Dec 201016432485.734.35$15,468
Nov 2010028580.843.80$1,082
Oct 2010030978.103.51$1,084
Sep 2010037372.633.98$1,484
Aug 20101435773.684.42$2,609
Jul 2010024972.554.74$1,179
Jun 201011029270.364.91$9,173
May 2010032171.124.24$1,360
Apr 2010032481.694.12$1,336
Mar 2010035678.394.39$1,562
Feb 201017726873.585.44$14,482
Jan 2010035274.365.96$2,099
Dec 200915528371.445.48$12,625
Nov 2009236874.593.75$1,530
Oct 2009041672.544.11$1,710
Sep 2009057865.543.06$1,771
Aug 2009155167.423.22$1,841
Jul 2009156361.133.46$2,012
Jun 2009054366.163.90$2,115
May 2009061954.743.93$2,430
Apr 200917261146.773.59$10,236
Mar 2009164142.144.06$2,644
Feb 200916662132.814.63$8,324
Jan 2009075235.865.37$4,039
Dec 2008057737.105.98$3,449
Nov 2008279955.496.86$5,592
Oct 200817271475.246.92$17,884
Sep 20083814101.767.88$6,717
Aug 20080786114.228.48$6,668
Jul 20086605131.0811.39$7,677
Jun 2008189722131.3313.03$34,231
May 20083777123.1711.57$9,363
Apr 2008179661110.3110.45$26,656
Mar 20084736101.909.66$7,520
Feb 200817679292.538.77$23,232
Jan 2008484290.388.21$7,271
Dec 20071721,09988.337.30$23,218
Nov 200701,00591.677.29$7,328
Oct 20071751,12482.856.92$22,279
Sep 200721,13575.846.24$7,239
Aug 2007363369.066.39$4,251
Jul 20071791,06570.906.39$19,494
Jun 200721,03762.007.55$7,952
May 2007297158.747.85$7,736
Apr 200711296459.617.81$14,201
Mar 20071611,09756.927.30$17,174
Feb 20071761,02155.108.22$18,086
Jan 20073571,22450.306.73$26,191
Dec 200641,30756.656.92$9,269
Nov 200601,37254.207.62$10,451
Oct 2006431,25654.906.01$9,914
Sep 20061751,43360.085.04$17,732
Aug 200671,65668.717.34$12,636
Jul 20061691,48469.376.34$21,136
Jun 200631,65866.286.38$10,783
May 20061781,46766.016.42$21,175
Apr 200631,34464.397.36$10,086
Mar 200611,14656.707.08$8,174
Feb 20061691,19157.597.75$18,964
Jan 20061751,41060.598.93$23,199
Dec 2005131,68654.9413.42$23,333
Nov 200552,02354.6910.59$21,694
Oct 20051751,42558.3413.80$29,868
Sep 200501,29561.4512.08$15,642
Aug 20051782,10361.519.80$31,552
Jul 200571,90655.697.84$15,340
Jun 200531,73352.337.38$12,948
May 200531,91345.226.65$12,859
Apr 20051671,87449.207.36$22,010
Mar 2005151,61050.377.15$12,275
Feb 20051671,48145.226.31$16,900
Jan 200501,49543.166.32$9,452
Dec 20041741,47939.866.75$16,920
Nov 2004091745.286.33$5,805
Oct 20041711,24249.706.52$16,590
Sep 20041731,16143.245.28$13,615
Aug 200418085342.375.55$12,361
Jul 200432,05838.286.08$12,636
Jun 200418155836.106.43$10,124
May 2004137737.486.49$2,486
Apr 2004766934.475.86$4,161
Mar 200432768534.365.53$15,024
Feb 2004075132.455.51$4,138
Jan 200417997432.036.30$11,869
Dec 2003093130.266.30$5,867
Nov 200316876828.804.60$8,367
Oct 200318188128.174.76$9,292
Sep 2003278226.314.75$3,767
Aug 200317091329.765.13$9,743
Jul 200319097029.415.17$10,604
Jun 2003074228.565.98$4,439
May 2003050626.595.97$3,022
Apr 200351,04726.675.41$5,795
Mar 2003931,49531.146.10$12,010
Feb 200301,43033.487.93$11,334

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.

Mar 2024 — as filed, then multipliedworked
Oil                  168 bbl  × $ 80.30 =    $13,490
Casinghead gas         0 Mcf  × $  1.55 =         $0

────────────────────────────────────────────────────
Month total                                  $13,490

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/29218 is the state's own key, not one this site invented.