HERCULES

Name: HERCULES lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by COBALT OPERATING, LLC (P-5 162726) in the HERCULES (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 134246District 7CField 406802002 tax incentive programmesCondensateGasSave Export

Value, all time

$525 k

Jan 1993 – Oct 2014

Value, last 12 filed months

at the published price for each month

Months reported

262

no gaps in the span

Streams

condensate, gas

The HERCULES (CANYON) field

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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1990-01-28

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1991-09-16.

The Commission's schedule remark for this field reads: “PERMANENT RULES 9/16/91”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	1992-04-24	125039
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,888 bbl	$36,502
Gas	Production	548,612 Mcf	$488,644
Total			$525,146

389,168 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 31.6359, -100.6845. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.63589, -100.68448 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

7,000 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 7,000 ft.

Completions filed

May 2013

1 of 1 wells

1 well


42-45131957	2771	7,000 ft	May 2013	—	Yes

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 (262)

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

262 months


Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	51	0	94.40	3.93	$4,814
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	6	94.67	2.92	$18
Aug 2012	0	8	92.66	2.91	$23
Jul 2012	0	13	85.13	3.02	$39
Jun 2012	0	13	79.82	2.52	$33
May 2012	0	1	91.61	2.49	$2
Apr 2012	0	1	101.65	2.00	$2
Mar 2012	0	1	105.05	2.22	$2
Feb 2012	0	1	101.10	2.57	$3
Jan 2012	0	1	98.09	2.73	$3
Dec 2011	0	1	96.87	3.24	$3
Nov 2011	0	2	95.72	3.31	$7
Oct 2011	0	2	84.98	3.65	$7
Sep 2011	0	2	83.62	3.99	$8
Aug 2011	0	1	83.40	4.15	$4
Jul 2011	0	1	94.14	4.52	$5
Jun 2011	0	1	92.90	4.64	$5
May 2011	0	1	98.13	4.40	$4
Apr 2011	0	1	105.96	4.33	$4
Mar 2011	0	3	96.36	4.06	$12
Feb 2011	0	3	85.64	4.18	$13
Jan 2011	0	3	86.50	4.59	$14
Dec 2010	0	3	85.73	4.35	$13
Nov 2010	0	3	80.84	3.80	$11
Oct 2010	0	3	78.10	3.51	$11
Sep 2010	0	2	72.63	3.98	$8
Aug 2010	0	2	73.68	4.42	$9
Jul 2010	0	2	72.55	4.74	$9
Jun 2010	0	1	70.36	4.91	$5
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	1	78.39	4.39	$4
Feb 2010	0	1	73.58	5.44	$5
Jan 2010	0	1	74.36	5.96	$6
Dec 2009	0	1	71.44	5.48	$5
Nov 2009	0	1	74.59	3.75	$4
Oct 2009	0	1	72.54	4.11	$4
Sep 2009	0	1	65.54	3.06	$3
Aug 2009	0	2	67.42	3.22	$6
Jul 2009	0	1	61.13	3.46	$3
Jun 2009	0	3	66.16	3.90	$12
May 2009	0	2	54.74	3.93	$8
Apr 2009	0	1	46.77	3.59	$4
Mar 2009	0	3	42.14	4.06	$12
Feb 2009	0	3	32.81	4.63	$14
Jan 2009	0	2	35.86	5.37	$11
Dec 2008	0	3	37.10	5.98	$18
Nov 2008	0	1	55.49	6.86	$7
Oct 2008	0	2	75.24	6.92	$14
Sep 2008	0	1	101.76	7.88	$8
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	2	131.08	11.39	$23
Jun 2008	0	8	131.33	13.03	$104
May 2008	0	1	123.17	11.57	$12
Apr 2008	0	3	110.31	10.45	$31
Mar 2008	0	8	101.90	9.66	$77
Feb 2008	0	4	92.53	8.77	$35
Jan 2008	0	11	90.38	8.21	$90
Dec 2007	0	9	88.33	7.30	$66
Nov 2007	0	3	91.67	7.29	$22
Oct 2007	0	11	82.85	6.92	$76
Sep 2007	0	7	75.84	6.24	$44
Aug 2007	0	15	69.06	6.39	$96
Jul 2007	0	8	70.90	6.39	$51
Jun 2007	0	10	62.00	7.55	$75
May 2007	0	6	58.74	7.85	$47
Apr 2007	0	7	59.61	7.81	$55
Mar 2007	0	4	56.92	7.30	$29
Feb 2007	0	2	55.10	8.22	$16
Jan 2007	0	1	50.30	6.73	$7
Dec 2006	0	1	56.65	6.92	$7
Nov 2006	0	1	54.20	7.62	$8
Oct 2006	0	1	54.90	6.01	$6
Sep 2006	0	1	60.08	5.04	$5
Aug 2006	0	1	68.71	7.34	$7
Jul 2006	0	1	69.37	6.34	$6
Jun 2006	0	1	66.28	6.38	$6
May 2006	0	1	66.01	6.42	$6
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	1	56.70	7.08	$7
Feb 2006	0	1	57.59	7.75	$8
Jan 2006	0	1	60.59	8.93	$9
Dec 2005	0	1	54.94	13.42	$13
Nov 2005	0	1	54.69	10.59	$11
Oct 2005	0	1	58.34	13.80	$14
Sep 2005	0	1	61.45	12.08	$12
Aug 2005	0	2	61.51	9.80	$20
Jul 2005	0	2	55.69	7.84	$16
Jun 2005	0	3	52.33	7.38	$22
May 2005	0	4	45.22	6.65	$27
Apr 2005	0	5	49.20	7.36	$37
Mar 2005	0	6	50.37	7.15	$43
Feb 2005	0	25	45.22	6.31	$158
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	28	26.31	4.75	$133
Aug 2003	0	225	29.76	5.13	$1,154
Jul 2003	0	390	29.41	5.17	$2,017
Jun 2003	0	351	28.56	5.98	$2,100
May 2003	0	410	26.59	5.97	$2,449
Apr 2003	163	474	26.67	5.41	$6,910
Mar 2003	0	743	31.14	6.10	$4,529
Feb 2003	0	1,219	33.48	7.93	$9,662
Jan 2003	0	1,412	30.31	5.58	$7,882
Dec 2002	0	1,461	26.91	4.85	$7,091
Nov 2002	0	1,445	24.66	4.14	$5,978
Oct 2002	0	1,545	26.46	4.23	$6,534
Sep 2002	0	1,552	27.44	3.64	$5,642
Aug 2002	0	1,749	25.96	3.16	$5,534
Jul 2002	0	1,699	24.58	3.06	$5,202
Jun 2002	0	1,682	23.73	3.34	$5,615
May 2002	0	1,796	24.66	3.58	$6,437
Apr 2002	11	1,774	23.65	3.51	$6,491
Mar 2002	0	1,961	22.00	3.10	$6,084
Feb 2002	0	1,526	18.22	2.38	$3,625
Jan 2002	0	756	17.17	2.38	$1,796
Dec 2001	0	1,815	16.93	2.36	$4,291
Nov 2001	0	1,796	18.07	2.41	$4,320
Oct 2001	0	1,412	19.78	2.53	$3,571
Sep 2001	0	1,333	24.26	2.25	$3,001
Aug 2001	0	1,423	24.87	3.05	$4,345
Jul 2001	0	1,093	23.93	3.20	$3,494
Jun 2001	0	801	24.56	3.82	$3,063
May 2001	0	475	25.52	4.31	$2,046
Apr 2001	0	393	24.68	5.34	$2,097
Mar 2001	0	614	24.54	5.38	$3,301
Feb 2001	0	1,145	27.75	5.77	$6,603
Jan 2001	0	1,930	27.47	8.40	$16,210
Dec 2000	0	2,031	26.88	9.12	$18,528
Nov 2000	0	1,913	32.21	5.66	$10,824
Oct 2000	0	2,170	31.23	5.15	$11,166
Sep 2000	0	1,948	31.87	5.19	$10,103
Aug 2000	0	2,214	29.64	4.54	$10,053
Jul 2000	0	2,366	28.53	4.09	$9,676
Jun 2000	0	1,461	29.30	4.40	$6,424
May 2000	0	1,889	27.26	3.68	$6,951
Apr 2000	0	2,241	24.51	3.12	$6,983
Mar 2000	0	2,226	28.42	2.86	$6,366
Feb 2000	0	1,863	27.62	2.73	$5,079
Jan 2000	0	2,545	25.27	2.48	$6,313
Dec 1999	0	2,414	24.28	2.42	$5,851
Nov 1999	0	3,024	23.19	2.43	$7,360
Oct 1999	0	2,589	20.98	2.80	$7,259
Sep 1999	0	2,191	21.75	2.62	$5,738
Aug 1999	0	2,010	19.26	2.88	$5,780
Jul 1999	0	1,958	17.89	2.37	$4,645
Jun 1999	0	2,598	15.94	2.36	$6,137
May 1999	0	2,837	15.79	2.32	$6,585
Apr 1999	0	2,389	15.10	2.21	$5,275
Mar 1999	0	2,362	12.47	1.84	$4,342
Feb 1999	0	2,781	9.98	1.82	$5,055
Jan 1999	0	2,570	10.38	1.90	$4,883
Dec 1998	0	3,023	9.20	1.77	$5,361
Nov 1998	0	3,118	10.89	2.19	$6,815
Oct 1998	0	3,094	12.42	1.97	$6,093
Sep 1998	0	3,420	12.59	2.08	$7,123
Aug 1998	0	2,960	11.30	1.91	$5,646
Jul 1998	0	3,190	11.74	2.24	$7,137
Jun 1998	0	4,308	11.24	2.24	$9,638
May 1998	0	3,411	12.62	2.21	$7,526
Apr 1998	0	3,021	13.04	2.51	$7,569
Mar 1998	0	2,993	12.80	2.31	$6,912
Feb 1998	0	2,780	13.95	2.30	$6,392
Jan 1998	43	2,928	14.70	2.15	$6,941
Dec 1997	0	1,655	16.32	2.41	$3,990
Nov 1997	0	1,836	18.19	3.09	$5,670
Oct 1997	0	1,484	19.25	3.15	$4,674
Sep 1997	0	2,254	17.74	2.95	$6,660
Aug 1997	0	2,239	17.86	2.55	$5,720
Jul 1997	177	2,012	17.58	2.25	$7,633
Jun 1997	0	2,546	17.24	2.26	$5,747
May 1997	0	2,244	18.97	2.31	$5,180
Apr 1997	0	2,022	17.88	2.08	$4,211
Mar 1997	0	2,419	18.95	1.94	$4,691
Feb 1997	0	3,104	20.49	2.21	$6,847
Jan 1997	0	4,070	23.48	3.54	$14,407
Dec 1996	0	2,968	23.32	—	$0
Nov 1996	0	1,207	21.97	—	$0
Oct 1996	0	2,558	23.31	—	$0
Sep 1996	0	3,045	22.22	—	$0
Aug 1996	2	4,143	20.26	—	$41
Jul 1996	0	4,231	19.55	—	$0
Jun 1996	0	5,047	18.73	—	$0
May 1996	0	4,999	19.43	—	$0
Apr 1996	0	4,504	21.51	—	$0
Mar 1996	0	5,980	19.38	—	$0
Feb 1996	0	5,271	16.98	—	$0
Jan 1996	160	6,488	17.07	—	$2,731
Dec 1995	0	6,392	17.19	—	$0
Nov 1995	15	6,558	16.00	—	$240
Oct 1995	0	9,566	15.43	—	$0
Sep 1995	0	7,369	16.18	—	$0
Aug 1995	0	6,563	15.92	—	$0
Jul 1995	0	2,360	15.24	—	$0
Jun 1995	0	453	16.41	—	$0
May 1995	0	726	17.56	—	$0
Apr 1995	0	749	17.73	—	$0
Mar 1995	0	1,111	16.44	—	$0
Feb 1995	0	1,665	16.58	—	$0
Jan 1995	4	5,221	15.92	—	$64
Dec 1994	0	2,016	15.03	—	$0
Nov 1994	0	4,291	15.90	—	$0
Oct 1994	0	4,537	15.58	—	$0
Sep 1994	167	6,508	15.29	—	$2,553
Aug 1994	5	8,819	16.13	—	$81
Jul 1994	0	9,356	17.56	—	$0
Jun 1994	4	8,874	17.09	—	$68
May 1994	0	10,271	15.88	—	$0
Apr 1994	7	10,623	14.14	—	$99
Mar 1994	0	11,606	12.46	—	$0
Feb 1994	178	8,685	12.50	—	$2,225
Jan 1994	0	12,895	12.66	—	$0
Dec 1993	3	12,168	12.33	—	$37
Nov 1993	0	13,911	14.49	—	$0
Oct 1993	134	15,514	15.85	—	$2,124
Sep 1993	0	15,787	15.03	—	$0
Aug 1993	181	18,074	15.66	—	$2,834
Jul 1993	4	20,163	15.46	—	$62
Jun 1993	0	21,813	16.79	—	$0
May 1993	197	13,143	17.68	—	$3,483
Apr 1993	0	9,751	18.05	—	$0
Mar 1993	188	12,908	18.14	—	$3,410
Feb 1993	0	16,235	17.90	—	$0
Jan 1993	194	22,046	16.93	—	$3,284

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.

Jun 2013 — as filed, then multipliedworked

Condensate            51 bbl  × $ 94.40 =     $4,814
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                   $4,814

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. 7C/G/134246 is the state's own key, not one this site invented.