HAMILTON

Operated by LEM OPERATING CO., INC. (P-5 496350) in the SHARON RIDGE (1700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 63298District 8AField 82710498Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$85 k
Jan 1993 – Jul 1998
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
67
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 403 leases and 3,269 wells, and the rule below applies to all of them.

Discovered
1923-12-29
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
165 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2014-02-18.

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: REQUIRED.

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
OilDisposition4,905 bbl$85,294
Casinghead gasProduction59 Mcf$40
Total$85,334

43 Mcf of this lease's gas, across 43 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 32.6435, -101.7726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.64353, -101.77256 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,432 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
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.
1100.0%

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 8,432 ft.

Completions filed
Sep 2024
1 of 1 wells

1 well

42-115339806DN8,432 ftSep 2024

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 (67)

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

67 months

Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 199834012.622.21$429
Apr 1998190113.042.51$2,480
Mar 1998141112.802.31$1,807
Feb 19980113.952.30$2
Jan 1998181114.702.15$2,663
Dec 19970116.322.41$2
Nov 19970118.193.09$3
Oct 1997131119.253.15$2,525
Sep 1997174117.742.95$3,090
Aug 19970117.862.55$3
Jul 1997144117.582.25$2,534
Jun 1997177117.242.26$3,054
May 19970118.972.31$2
Apr 1997123117.882.08$2,201
Mar 1997169118.951.94$3,204
Feb 1997147120.492.21$3,014
Jan 19970123.483.54$4
Dec 1996122123.32$2,845
Nov 1996110121.97$2,417
Oct 1996157123.31$3,660
Sep 1996177122.22$3,933
Aug 19960120.26$0
Jul 1996164119.55$3,206
Jun 19960118.73$0
May 1996150119.43$2,915
Apr 1996179121.51$3,850
Mar 19960119.38$0
Feb 1996174116.98$2,955
Jan 1996179117.07$3,056
Dec 19950117.19$0
Nov 1995171116.00$2,736
Oct 1995175115.43$2,700
Sep 19950116.18$0
Aug 1995174115.92$2,770
Jul 1995178115.24$2,713
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 19950116.44$0
Feb 19950116.58$0
Jan 19950115.92$0
Dec 19940115.03$0
Nov 19940115.90$0
Oct 19940115.58$0
Sep 19940015.29$0
Aug 19940116.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 19940114.14$0
Mar 19940012.46$0
Feb 1994130112.50$1,625
Jan 19940112.66$0
Dec 1993180112.33$2,219
Nov 19930114.49$0
Oct 1993177115.85$2,805
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993172115.46$2,659
Jun 19930116.79$0
May 19930117.68$0
Apr 1993181118.05$3,267
Mar 19930118.14$0
Feb 1993167117.90$2,989
Jan 1993177116.93$2,997

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.

May 1998 — as filed, then multipliedworked
Oil                   34 bbl  × $ 12.62 =       $429
Casinghead gas         0 Mcf  × $  2.21 =         $0

────────────────────────────────────────────────────
Month total                                     $429

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/63298 is the state's own key, not one this site invented.