HOLMES

Operated by COVE PETROLEUM CORPORATION (P-5 182787) in the BROADVIEW, WEST (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 60524District 8AField 12118500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$864 k
Jan 1993 – Feb 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
266
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 56 leases and 119 wells, and the rule below applies to all of them.

Discovered
1960-04-05
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-11-06.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 2100' DIAGONAL AND TWO PART ALLOCATION FORMULA.

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
OilDisposition19,428 bbl$863,933
Casinghead gasProduction696 Mcf$0
Total$863,933

696 Mcf of this lease's gas, across 36 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 33.6339, -101.9854. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.63394, -101.98538 · 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
5,670 ft
1 wells filed one
Completion to plug
44.7 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 5,670 ft.

Completions filed
Jul 1969
1 of 1 wells
Plug dates filed
Mar 2014
1 of 1 wells

Last completion to plug: a median of 44.7 years across the 1 well that filed both dates, with the middle half between 44.7 years and 44.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3033000515,670 ftJul 1969Mar 2014Yes

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 (266)

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

266 months

Feb 20150044.662.98$0
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 20140090.404.86$0
Dec 2013153091.824.35$14,048
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 20131530104.113.72$15,929
Aug 201300104.253.52$0
Jul 20131560102.523.72$15,993
Jun 20130094.403.93$0
May 2013156094.834.15$14,793
Apr 20130093.964.28$0
Mar 2013151093.623.91$14,137
Feb 20130091.233.42$0
Jan 2013153091.603.42$14,015
Dec 20120086.773.42$0
Nov 2012129086.953.62$11,217
Oct 20120089.383.40$0
Sep 2012148094.672.92$14,011
Aug 20120092.662.91$0
Jul 2012147085.133.02$12,514
Jun 20120079.822.52$0
May 2012151091.612.49$13,833
Apr 201200101.652.00$0
Mar 20121530105.052.22$16,073
Feb 201200101.102.57$0
Jan 2012158098.092.73$15,498
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011157083.623.99$13,128
Aug 20110083.404.15$0
Jul 2011155094.144.52$14,592
Jun 20110092.904.64$0
May 2011161098.134.40$15,799
Apr 201100105.964.33$0
Mar 2011160096.364.06$15,418
Feb 20110085.644.18$0
Jan 2011155086.504.59$13,408
Dec 2010160085.734.35$13,717
Nov 20100080.843.80$0
Oct 2010156078.103.51$12,184
Sep 20100072.633.98$0
Aug 2010162073.684.42$11,936
Jul 20100072.554.74$0
Jun 2010162070.364.91$11,398
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010167078.394.39$13,091
Feb 20100073.585.44$0
Jan 2010184074.365.96$13,682
Dec 20090071.445.48$0
Nov 2009176074.593.75$13,128
Oct 20090072.544.11$0
Sep 2009166065.543.06$10,880
Aug 20090067.423.22$0
Jul 2009169061.133.46$10,331
Jun 20090066.163.90$0
May 2009159054.743.93$8,704
Apr 20090046.773.59$0
Mar 2009160042.144.06$6,742
Feb 20097032.814.63$230
Jan 2009167035.865.37$5,989
Dec 20080037.105.98$0
Nov 2008173055.496.86$9,600
Oct 20080075.246.92$0
Sep 20081740101.767.88$17,706
Aug 200830114.228.48$343
Jul 20081690131.0811.39$22,153
Jun 200800131.3313.03$0
May 20081830123.1711.57$22,540
Apr 200830110.3110.45$331
Mar 20081620101.909.66$16,508
Feb 20080092.538.77$0
Jan 2008166090.388.21$15,003
Dec 2007182088.337.30$16,076
Nov 20070091.677.29$0
Oct 2007177082.856.92$14,664
Sep 20070075.846.24$0
Aug 2007159069.066.39$10,981
Jul 2007166070.906.39$11,769
Jun 20070062.007.55$0
May 2007172058.747.85$10,103
Apr 2007164059.617.81$9,776
Mar 20070056.927.30$0
Feb 2007164055.108.22$9,036
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 2006159054.207.62$8,618
Oct 2006181054.906.01$9,937
Sep 2006181060.085.04$10,874
Aug 20060068.717.34$0
Jul 2006168069.376.34$11,654
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006343056.707.08$19,448
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 2005171054.9413.42$9,395
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005172061.519.80$10,580
Jul 20053055.697.84$167
Jun 20050052.337.38$0
May 2005167045.226.65$7,552
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 2005160045.226.31$7,235
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004160049.706.52$7,952
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 2004320036.106.43$11,552
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 2004170034.365.53$5,841
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003161028.174.76$4,535
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003168026.595.97$4,467
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002155026.914.85$4,171
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002170024.583.06$4,179
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998209.201.77$18
Nov 19987010.892.19$76
Oct 199813012.421.97$161
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199828011.742.24$329
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 1998167013.042.51$2,178
Mar 19980012.802.31$0
Feb 1998167013.952.30$2,330
Jan 1998170014.702.15$2,499
Dec 1997169016.322.41$2,758
Nov 1997170018.193.09$3,092
Oct 19970019.253.15$0
Sep 1997170017.742.95$3,016
Aug 1997170017.862.55$3,036
Jul 1997163017.582.25$2,866
Jun 1997170017.242.26$2,931
May 1997167018.972.31$3,168
Apr 19970017.882.08$0
Mar 1997162018.951.94$3,070
Feb 1997331020.492.21$6,782
Jan 19970023.483.54$0
Dec 1996168023.32$3,918
Nov 1996168021.97$3,691
Oct 19960023.31$0
Sep 1996170022.22$3,777
Aug 1996157020.26$3,181
Jul 1996164019.55$3,206
Jun 1996166018.73$3,109
May 1996168019.43$3,264
Apr 1996167021.51$3,592
Mar 1996170019.38$3,295
Feb 19960016.98$0
Jan 1996168017.07$2,868
Dec 19951602017.19$2,750
Nov 19951581916.00$2,528
Oct 19951712015.43$2,639
Sep 19951671916.18$2,702
Aug 19951662015.92$2,643
Jul 19951672015.24$2,545
Jun 19951701916.41$2,790
May 199502017.56$0
Apr 19951601917.73$2,837
Mar 19953171916.44$5,211
Feb 199501816.58$0
Jan 19951631915.92$2,595
Dec 19941592015.03$2,390
Nov 19943191915.90$5,072
Oct 199401915.58$0
Sep 19941571915.29$2,401
Aug 19941682016.13$2,710
Jul 19941582017.56$2,774
Jun 19941581917.09$2,700
May 19943162015.88$5,018
Apr 199401914.14$0
Mar 19941592012.46$1,981
Feb 19941671812.50$2,088
Jan 19941682012.66$2,127
Dec 19931692012.33$2,084
Nov 19931701914.49$2,463
Oct 19931692015.85$2,679
Sep 19933341915.03$5,020
Aug 199312015.66$16
Jul 19931692015.46$2,613
Jun 19931601916.79$2,686
May 19933311817.68$5,852
Apr 199341918.05$72
Mar 19933131918.14$5,678
Feb 199311817.90$18
Jan 19931702016.93$2,878

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 2013 — as filed, then multipliedworked
Oil                  153 bbl  × $ 91.82 =    $14,048
Casinghead gas         0 Mcf  × $  4.35 =         $0

────────────────────────────────────────────────────
Month total                                  $14,048

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. 8A/O/60524 is the state's own key, not one this site invented.