HILDEBRAND

Operated by HOUGHTON OIL & GAS, INC. (P-5 401921) in the PROBANDT (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 6663District 7CField 73243500OilCasinghead gasSaveExport
Value, all time
$263 k
Jan 1993 – Nov 2003
Value, last 12 filed months
$716
at the published price for each month
Months reported
131
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 126 leases and 180 wells, and the rule below applies to all of them.

Discovered
1975-02-12
as the register files it
Field class
Oil and gas
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 80 acres. The field rule took effect on 1983-09-26.

The Commission's schedule remark for this field reads: FIELD RULES EFF. 9/26/83 PER DKT 7C-79,619 NET GOR 750

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
OilDisposition11,035 bbl$205,643
Casinghead gasProduction27,345 Mcf$57,233
Total$262,875

8,739 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.

Every month this lease reported (131)

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

131 months

Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 200327026.314.75$710
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030126.675.41$5
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 20020126.464.23$4
Sep 20020327.443.64$11
Aug 20020425.963.16$13
Jul 20020324.583.06$9
Jun 200277223.733.34$1,834
May 20020524.663.58$18
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001621516.932.36$1,085
Nov 2001019518.072.41$469
Oct 200118325419.782.53$4,262
Sep 200117225924.262.25$4,756
Aug 2001030824.873.05$940
Jul 200117031023.933.20$5,059
Jun 2001032724.563.82$1,251
May 200117531025.524.31$5,801
Apr 2001032724.685.34$1,745
Mar 200117219024.545.38$5,242
Feb 2001022927.755.77$1,321
Jan 200117425227.478.40$6,896
Dec 2000021026.889.12$1,916
Nov 200017322532.215.66$6,845
Oct 2000027231.235.15$1,400
Sep 200018098331.875.19$10,835
Aug 2000024529.644.54$1,112
Jul 200018130428.534.09$6,407
Jun 2000017829.304.40$783
May 200018127327.263.68$5,939
Apr 2000032324.513.12$1,006
Mar 200018225528.422.86$5,902
Feb 2000027227.622.73$742
Jan 200018230025.272.48$5,343
Dec 199918530824.282.42$5,238
Nov 1999027223.192.43$662
Oct 199918228220.982.80$4,609
Sep 1999028021.752.62$733
Aug 199918033219.262.88$4,422
Jul 1999030417.892.37$721
Jun 199918028415.942.36$3,540
May 1999033315.792.32$773
Apr 199918034415.102.21$3,478
Mar 1999036812.471.84$677
Feb 19991823169.981.82$2,391
Jan 1999035210.381.90$669
Dec 19981793659.201.77$2,294
Nov 1998030210.892.19$660
Oct 199818130312.421.97$2,845
Sep 199818230112.592.08$2,918
Aug 1998032211.301.91$614
Jul 199817934211.742.24$2,867
Jun 1998028311.242.24$633
May 199817931312.622.21$2,950
Apr 1998033113.042.51$829
Mar 199818029212.802.31$2,978
Feb 1998031413.952.30$722
Jan 199818527414.702.15$3,310
Dec 1997030616.322.41$738
Nov 199718629418.193.09$4,291
Oct 199718234419.253.15$4,587
Sep 1997037717.742.95$1,114
Aug 199718142617.862.55$4,321
Jul 1997036917.582.25$829
Jun 199717941917.242.26$4,032
May 199717938118.972.31$4,275
Apr 1997038317.882.08$798
Mar 199718132918.951.94$4,068
Feb 199718126620.492.21$4,295
Jan 1997036023.483.54$1,274
Dec 199618430923.32$4,291
Nov 1996026821.97$0
Oct 199618532223.31$4,312
Sep 199618928022.22$4,200
Aug 1996238020.26$41
Jul 199618734419.55$3,656
Jun 1996036918.73$0
May 199618542219.43$3,595
Apr 1996041521.51$0
Mar 199618338819.38$3,547
Feb 1996027916.98$0
Jan 19961818217.07$3,090
Dec 199518216717.19$3,129
Nov 1995031716.00$0
Oct 199518338315.43$2,824
Sep 199518431116.18$2,977
Aug 1995030315.92$0
Jul 1995022715.24$0
Jun 199518126216.41$2,970
May 19951833217.56$3,213
Apr 199504517.73$0
Mar 19951845016.44$3,025
Feb 1995011316.58$0
Jan 19951882215.92$2,993
Dec 19941832215.03$2,750
Nov 199403415.90$0
Oct 19941643815.58$2,555
Sep 19941774915.29$2,706
Aug 199404416.13$0
Jul 19941837317.56$3,213
Jun 199406217.09$0
May 19941828815.88$2,890
Apr 199418312214.14$2,588
Mar 199402312.46$0
Feb 19941863812.50$2,325
Jan 199405812.66$0
Dec 19931832112.33$2,256
Nov 19931843214.49$2,666
Oct 1993011615.85$0
Sep 199318016715.03$2,705
Aug 1993012215.66$0
Jul 199318022315.46$2,783
Jun 1993018416.79$0
May 199318121817.68$3,200
Apr 1993021518.05$0
Mar 199318821118.14$3,410
Feb 1993024517.90$0
Jan 199318624416.93$3,149

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.

Sep 2003 — as filed, then multipliedworked
Oil                   27 bbl  × $ 26.31 =       $710
Casinghead gas         0 Mcf  × $  4.75 =         $0

────────────────────────────────────────────────────
Month total                                     $710

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/6663 is the state's own key, not one this site invented.