HILL "14"

Name: HILL "14" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by KEYSTONE ENERGY OIL & GAS, INC. (P-5 458777) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 10574District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$714 k

Jan 1993 – Mar 2002

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

111

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered

1904-12-31

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: “AREA) 85279200.”

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
NGPA	6	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
Oil	Disposition	36,247 bbl	$626,486
Casinghead gas	Production	191,226 Mcf	$87,508
Total			$713,994

157,083 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 (6)

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 31.4970, -101.9304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.49813, -101.92941 · 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%

6 of 6 wells

With a plug date

100.0%

6 of 6 wells

Median depth

9,300 ft

6 wells filed one

Completion to plug

17.3 years

median over 6 wells

What the state filed about each well

On the RRC proration schedule

6100.0%

A plug date is filed

6100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

6100.0%

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 9,300 and 9,300 ft, median 9,300 ft, over the 6 wells that filed a depth.

Completions filed

Feb 1984 – Apr 1984

6 of 6 wells

Plug dates filed

Dec 1997 – Jan 2002

6 of 6 wells

Last completion to plug: a median of 17.3 years across the 6 wells that filed both dates, with the middle half between 16.9 years and 17.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells


42-46132117	4	9,300 ft	Apr 1984	Feb 2001	Yes
42-46132126	6	9,300 ft	Apr 1984	Jun 2001	Yes
42-46132116	5	9,300 ft	Mar 1984	Jun 2001	Yes
42-46132125	2	9,300 ft	Mar 1984	Aug 2001	Yes
42-46132118	3	9,300 ft	Feb 1984	Dec 1997	Yes
42-46132124	1	9,300 ft	Feb 1984	Jan 2002	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 (111)

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

111 months


Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	54	0	18.07	2.41	$976
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	4	23.93	3.20	$13
Jun 2001	0	9	24.56	3.82	$34
May 2001	152	14	25.52	4.31	$3,939
Apr 2001	0	19	24.68	5.34	$101
Mar 2001	0	16	24.54	5.38	$86
Feb 2001	0	14	27.75	5.77	$81
Jan 2001	0	118	27.47	8.40	$991
Dec 2000	174	77	26.88	9.12	$5,380
Nov 2000	0	57	32.21	5.66	$323
Oct 2000	0	75	31.23	5.15	$386
Sep 2000	0	7	31.87	5.19	$36
Aug 2000	0	15	29.64	4.54	$68
Jul 2000	185	183	28.53	4.09	$6,026
Jun 2000	185	271	29.30	4.40	$6,612
May 2000	184	368	27.26	3.68	$6,370
Apr 2000	185	439	24.51	3.12	$5,902
Mar 2000	0	108	28.42	2.86	$309
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	24	10.38	1.90	$46
Dec 1998	175	602	9.20	1.77	$2,678
Nov 1998	2	580	10.89	2.19	$1,290
Oct 1998	0	658	12.42	1.97	$1,296
Sep 1998	183	649	12.59	2.08	$3,656
Aug 1998	173	733	11.30	1.91	$3,353
Jul 1998	0	752	11.74	2.24	$1,682
Jun 1998	175	780	11.24	2.24	$3,712
May 1998	0	843	12.62	2.21	$1,860
Apr 1998	186	828	13.04	2.51	$4,500
Mar 1998	0	723	12.80	2.31	$1,670
Feb 1998	190	910	13.95	2.30	$4,743
Jan 1998	190	1,268	14.70	2.15	$5,525
Dec 1997	381	1,280	16.32	2.41	$9,304
Nov 1997	175	1,475	18.19	3.09	$7,738
Oct 1997	378	1,671	19.25	3.15	$12,540
Sep 1997	747	2,065	17.74	2.95	$19,354
Aug 1997	746	2,666	17.86	2.55	$20,135
Jul 1997	560	2,112	17.58	2.25	$14,590
Jun 1997	498	2,040	17.24	2.26	$13,190
May 1997	562	1,953	18.97	2.31	$15,170
Apr 1997	377	1,527	17.88	2.08	$9,921
Mar 1997	0	1,784	18.95	1.94	$3,459
Feb 1997	583	1,957	20.49	2.21	$16,263
Jan 1997	775	2,469	23.48	3.54	$26,937
Dec 1996	180	2,127	23.32	—	$4,198
Nov 1996	388	2,297	21.97	—	$8,524
Oct 1996	573	2,295	23.31	—	$13,357
Sep 1996	386	2,284	22.22	—	$8,577
Aug 1996	189	2,386	20.26	—	$3,829
Jul 1996	746	3,287	19.55	—	$14,584
Jun 1996	549	2,705	18.73	—	$10,283
May 1996	368	2,902	19.43	—	$7,150
Apr 1996	754	2,834	21.51	—	$16,219
Mar 1996	759	2,861	19.38	—	$14,709
Feb 1996	367	2,626	16.98	—	$6,232
Jan 1996	560	2,488	17.07	—	$9,559
Dec 1995	0	1,860	17.19	—	$0
Nov 1995	0	2,181	16.00	—	$0
Oct 1995	378	2,433	15.43	—	$5,833
Sep 1995	191	2,660	16.18	—	$3,090
Aug 1995	371	3,239	15.92	—	$5,906
Jul 1995	382	3,222	15.24	—	$5,822
Jun 1995	563	3,403	16.41	—	$9,239
May 1995	375	3,443	17.56	—	$6,585
Apr 1995	570	3,074	17.73	—	$10,106
Mar 1995	911	3,565	16.44	—	$14,977
Feb 1995	563	3,119	16.58	—	$9,335
Jan 1995	913	3,290	15.92	—	$14,535
Dec 1994	745	3,907	15.03	—	$11,197
Nov 1994	558	3,267	15.90	—	$8,872
Oct 1994	567	3,701	15.58	—	$8,834
Sep 1994	945	4,120	15.29	—	$14,449
Aug 1994	758	3,651	16.13	—	$12,227
Jul 1994	557	3,674	17.56	—	$9,781
Jun 1994	191	2,937	17.09	—	$3,264
May 1994	546	3,300	15.88	—	$8,670
Apr 1994	370	3,606	14.14	—	$5,232
Mar 1994	769	3,659	12.46	—	$9,582
Feb 1994	364	3,285	12.50	—	$4,550
Jan 1994	558	3,560	12.66	—	$7,064
Dec 1993	561	3,875	12.33	—	$6,917
Nov 1993	915	3,870	14.49	—	$13,258
Oct 1993	744	4,464	15.85	—	$11,792
Sep 1993	732	4,309	15.03	—	$11,002
Aug 1993	938	4,398	15.66	—	$14,689
Jul 1993	717	4,285	15.46	—	$11,085
Jun 1993	1,122	4,314	16.79	—	$18,838
May 1993	947	4,353	17.68	—	$16,743
Apr 1993	765	3,279	18.05	—	$13,808
Mar 1993	976	3,998	18.14	—	$17,705
Feb 1993	942	3,495	17.90	—	$16,862
Jan 1993	749	3,195	16.93	—	$12,681

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.

Nov 2001 — as filed, then multipliedworked

Oil                   54 bbl  × $ 18.07 =       $976
Casinghead gas         0 Mcf  × $  2.41 =         $0

────────────────────────────────────────────────────
Month total                                     $976

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/O/10574 is the state's own key, not one this site invented.