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TRACY

Operated by BOB HUGHES OIL COMPANY, LLC (P-5 78050) in the OZONA, NE. (CANYON 7520) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18478District 7CField 67998500OilCasinghead gasSaveExport
Value, all time
$2.0 M
Apr 2014 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
146
no gaps in the span
Streams
2
oil, casinghead gas

The OZONA, NE. (CANYON 7520) 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 592 leases and 641 wells, and the rule below applies to all of them.

Discovered
1966-01-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2013-10-22.

The Commission's schedule remark for this field reads: “PER DOCKET 01-0299858, THIS FIELD HAS BEEN DESIGNATED AS A UFT”

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
OilDisposition13,223 bbl$857,242
Casinghead gasProduction320,232 Mcf$1,098,955
Total$1,956,197

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 30.8910, -100.7865. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

30.88852, -100.78898 · 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
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,195 ft
3 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
3100.0%

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 7,190 and 7,995 ft, median 7,195 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2014 – Jun 2014
3 of 3 wells

3 wells

42-4133289713097,995 ftJun 2014——
42-4133289814097,195 ftMay 2014——
42-4133289614027,190 ftApr 2014——

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 (146)

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

146 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250856.664.41$35
Nov 2025011158.593.93$436
Oct 2025015059.383.30$496
Sep 2025011762.743.08$360
Aug 202506263.933.01$187
Jul 202507266.743.32$239
Jun 202507866.483.13$244
May 202505660.553.23$181
Apr 202508562.363.54$301
Mar 2025011467.704.27$487
Feb 2025010470.884.34$451
Jan 2025012274.324.28$522
Dec 2024013568.993.12$421
Nov 2024016769.052.20$367
Oct 2024019571.372.28$445
Sep 2024037469.612.36$884
Aug 2024049475.632.06$1,019
Jul 2024067179.932.15$1,440
Jun 2024052978.082.63$1,393
May 2024027278.812.20$598
Apr 2024029784.451.66$493
Mar 2024022580.301.55$348
Feb 2024018776.091.78$334
Jan 2024027273.023.30$897
Dec 2023024971.262.61$650
Nov 2023022177.892.81$620
Oct 2023020385.443.09$627
Sep 2023024289.042.74$662
Aug 2023038480.522.67$1,026
Jul 2023050274.852.64$1,326
Jun 2023029168.962.26$657
May 2023021070.622.23$468
Apr 2023021778.122.24$486
Mar 2023014472.852.39$345
Feb 2023024375.112.47$599
Jan 2023025676.533.39$867
Dec 2022027176.415.73$1,553
Nov 2022033385.005.65$1,880
Oct 2022033487.185.86$1,959
Sep 2022036484.888.16$2,972
Aug 2022039794.529.13$3,623
Jul 202248371101.587.54$7,674
Jun 20220343115.097.98$2,736
May 20220449109.378.43$3,786
Apr 20220395104.226.84$2,701
Mar 20220554108.885.08$2,812
Feb 2022034291.054.86$1,662
Jan 2022046281.844.54$2,096
Dec 2021043771.323.90$1,704
Nov 20214942577.435.24$6,020
Oct 2021060579.795.71$3,457
Sep 20210069.865.35$0
Aug 2021055566.024.22$2,342
Jul 2021026970.783.98$1,071
Jun 202104769.493.38$159
May 2021023163.483.02$697
Apr 2021069560.362.76$1,917
Mar 2021079761.302.72$2,165
Feb 2021058357.805.55$3,234
Jan 20219849150.412.81$6,320
Dec 2020054044.642.68$1,445
Nov 2020078138.772.71$2,114
Oct 2020089436.972.48$2,216
Sep 2020094437.091.99$1,880
Aug 20201121,29039.982.39$7,555
Jul 202001,00538.371.83$1,834
Jun 2020831,04334.901.69$4,660
May 2020053516.921.81$971
Apr 20200014.751.80$0
Mar 2020040930.341.86$759
Feb 202001,12449.881.98$2,226
Jan 2020051457.252.09$1,077
Dec 2019023159.012.30$532
Nov 20190055.302.75$0
Oct 201901,10053.472.42$2,660
Sep 2019093955.052.66$2,495
Aug 201901,58453.112.30$3,650
Jul 20191752,00656.272.46$14,782
Jun 20191711,91552.782.49$13,796
May 20191702,17758.482.74$15,907
Apr 201901,44862.632.75$3,983
Mar 201901,50256.803.06$4,599
Feb 2019037850.852.79$1,055
Jan 20191761,51546.033.23$12,992
Dec 201802,01046.594.19$8,413
Nov 201802,45252.934.24$10,390
Oct 201802,69161.443.40$9,144
Sep 20181631,31259.543.11$13,783
Aug 2018094259.403.07$2,889
Jul 201801,34465.142.93$3,940
Jun 20187760960.183.08$6,508
May 20183571,90565.382.90$28,867
Apr 201801,56063.842.90$4,525
Mar 201802,17261.222.79$6,053
Feb 201802,07661.782.77$5,742
Jan 201801,21962.874.01$4,887
Dec 20173661,52957.272.92$25,428
Nov 201701,67955.423.12$5,236
Oct 201701,98749.292.98$5,929
Sep 201702,15547.523.09$6,653
Aug 201701,53645.373.00$4,615
Jul 201701,97743.873.09$6,104
Jun 20173572,12142.493.09$21,717
May 201701,43045.373.26$4,667
Apr 201701,98047.933.21$6,359
Mar 201701,92046.772.98$5,729
Feb 20173602,60050.452.95$25,839
Jan 201702,85549.413.42$9,761
Dec 201603,03648.763.72$11,303
Nov 20163493,14542.492.64$23,145
Oct 201602,96846.193.09$9,172
Sep 201602,94741.553.10$9,138
Aug 20163543,40841.442.92$24,636
Jul 201603,32541.622.92$9,723
Jun 201613,42545.352.69$9,244
May 20163553,52342.521.99$22,109
Apr 201603,61136.561.99$7,190
Mar 20163503,81333.011.79$18,394
Feb 201603,72126.472.06$7,679
Jan 20163534,37827.352.36$20,006
Dec 201504,09532.362.00$8,196
Nov 20153564,21538.792.17$22,945
Oct 201504,47343.552.43$10,854
Sep 20153554,76642.992.76$28,408
Aug 201505,26540.162.87$15,124
Jul 20153555,68048.152.95$33,821
Jun 20153615,60556.152.88$36,429
May 201506,53855.212.96$19,323
Apr 20153587,03049.822.71$36,863
Mar 20157327,84142.892.93$54,407
Feb 201507,18644.662.98$21,387
Jan 20153668,41843.433.10$41,996
Dec 20147196,76154.693.59$63,603
Nov 201402,27470.464.25$9,669
Oct 20147129,34678.303.90$92,208
Sep 201435612,94486.164.05$83,037
Aug 20141,08521,36089.394.04$183,178
Jul 20141,09526,28096.564.18$215,573
Jun 20141,84934,65698.164.74$345,659
May 201408,45594.734.73$39,963
Apr 20140095.944.81$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.

Dec 2025 — as filed, then multipliedworked
Oil                    0 bbl  × $ 56.66 =         $0
Casinghead gas         8 Mcf  × $  4.41 =        $35

────────────────────────────────────────────────────
Month total                                      $35

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/18478 is the state's own key, not one this site invented.