BRAND

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

Operated by HGN OPERATING COMPANY, INC. (P-5 383312) in the WASSON 72 field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 64861District 8AField 95431001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSave Export

Value, all time

$1.0 M

Jan 1993 – Mar 2007

Value, last 12 filed months

$14 k

at the published price for each month

Months reported

171

no gaps in the span

Streams

oil, casinghead gas

The WASSON 72 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 129 leases and 1,426 wells, and the rule below applies to all of them.

Discovered

1941-12-31

as the register files it

Field class

Oil

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 10 acres. The field rule took effect on 2016-08-24.

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: “MAY OVERLAP.P-16 FORMS ARE REQUIRED, AND LEASE PLATS.”

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	2	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	48,688 bbl	$980,025
Casinghead gas	Production	17,522 Mcf	$21,781
Total			$1,001,806

10,571 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 (2)

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 32.9618, -102.8651. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.96182, -102.86510 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

7,843 ft

2 wells filed one

Completion to plug

20.8 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

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

2100.0%

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 6,900 and 8,785 ft, median 7,843 ft, over the 2 wells that filed a depth.

Completions filed

May 1984 – Nov 1984

2 of 2 wells

Plug dates filed

Feb 2004 – Oct 2006

2 of 2 wells

Last completion to plug: a median of 20.8 years across the 2 wells that filed both dates, with the middle half between 20.1 years and 21.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-50132725	2	6,900 ft	Nov 1984	Feb 2004	Yes
42-50132533	1	8,785 ft	May 1984	Oct 2006	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 (171)

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

171 months


Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	254	0	56.65	6.92	$14,389
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	328	0	61.45	12.08	$20,156
Aug 2005	163	0	61.51	9.80	$10,026
Jul 2005	164	0	55.69	7.84	$9,133
Jun 2005	163	0	52.33	7.38	$8,530
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	349	0	39.86	6.75	$13,911
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	175	0	43.24	5.28	$7,567
Aug 2004	343	0	42.37	5.55	$14,533
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	113	32	30.31	5.58	$3,604
Dec 2002	342	96	26.91	4.85	$9,669
Nov 2002	362	153	24.66	4.14	$9,560
Oct 2002	166	276	26.46	4.23	$5,560
Sep 2002	0	130	27.44	3.64	$473
Aug 2002	323	222	25.96	3.16	$9,088
Jul 2002	348	317	24.58	3.06	$9,524
Jun 2002	351	292	23.73	3.34	$9,304
May 2002	349	279	24.66	3.58	$9,606
Apr 2002	182	233	23.65	3.51	$5,123
Mar 2002	357	290	22.00	3.10	$8,754
Feb 2002	170	255	18.22	2.38	$3,703
Jan 2002	345	271	17.17	2.38	$6,567
Dec 2001	173	463	16.93	2.36	$4,024
Nov 2001	349	628	18.07	2.41	$7,817
Oct 2001	339	500	19.78	2.53	$7,970
Sep 2001	347	353	24.26	2.25	$9,213
Aug 2001	353	348	24.87	3.05	$9,842
Jul 2001	349	385	23.93	3.20	$9,582
Jun 2001	175	707	24.56	3.82	$7,002
May 2001	343	160	25.52	4.31	$9,443
Apr 2001	165	118	24.68	5.34	$4,702
Mar 2001	328	91	24.54	5.38	$8,538
Feb 2001	527	0	27.75	5.77	$14,624
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	330	0	26.88	9.12	$8,870
Nov 2000	357	0	32.21	5.66	$11,499
Oct 2000	339	0	31.23	5.15	$10,587
Sep 2000	506	0	31.87	5.19	$16,126
Aug 2000	354	0	29.64	4.54	$10,493
Jul 2000	521	0	28.53	4.09	$14,864
Jun 2000	337	0	29.30	4.40	$9,874
May 2000	532	0	27.26	3.68	$14,502
Apr 2000	343	0	24.51	3.12	$8,407
Mar 2000	521	0	28.42	2.86	$14,807
Feb 2000	692	0	27.62	2.73	$19,113
Jan 2000	690	0	25.27	2.48	$17,436
Dec 1999	183	0	24.28	2.42	$4,443
Nov 1999	359	0	23.19	2.43	$8,325
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	173	0	19.26	2.88	$3,332
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	174	0	15.94	2.36	$2,774
May 1999	182	0	15.79	2.32	$2,874
Apr 1999	362	0	15.10	2.21	$5,466
Mar 1999	355	0	12.47	1.84	$4,427
Feb 1999	378	0	9.98	1.82	$3,772
Jan 1999	699	0	10.38	1.90	$7,256
Dec 1998	375	0	9.20	1.77	$3,450
Nov 1998	350	0	10.89	2.19	$3,812
Oct 1998	362	0	12.42	1.97	$4,496
Sep 1998	378	0	12.59	2.08	$4,759
Aug 1998	382	0	11.30	1.91	$4,317
Jul 1998	359	0	11.74	2.24	$4,215
Jun 1998	369	0	11.24	2.24	$4,148
May 1998	548	0	12.62	2.21	$6,916
Apr 1998	356	0	13.04	2.51	$4,642
Mar 1998	402	0	12.80	2.31	$5,146
Feb 1998	714	0	13.95	2.30	$9,960
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	538	2	16.32	2.41	$8,785
Nov 1997	369	3	18.19	3.09	$6,721
Oct 1997	377	0	19.25	3.15	$7,257
Sep 1997	741	17	17.74	2.95	$13,196
Aug 1997	358	3	17.86	2.55	$6,402
Jul 1997	371	0	17.58	2.25	$6,522
Jun 1997	729	34	17.24	2.26	$12,645
May 1997	179	82	18.97	2.31	$3,585
Apr 1997	366	202	17.88	2.08	$6,965
Mar 1997	365	0	18.95	1.94	$6,917
Feb 1997	550	9	20.49	2.21	$11,289
Jan 1997	366	0	23.48	3.54	$8,594
Dec 1996	361	41	23.32	—	$8,419
Nov 1996	561	116	21.97	—	$12,325
Oct 1996	363	112	23.31	—	$8,462
Sep 1996	362	79	22.22	—	$8,044
Aug 1996	355	190	20.26	—	$7,192
Jul 1996	376	29	19.55	—	$7,351
Jun 1996	527	121	18.73	—	$9,871
May 1996	352	90	19.43	—	$6,839
Apr 1996	515	97	21.51	—	$11,078
Mar 1996	530	101	19.38	—	$10,271
Feb 1996	360	75	16.98	—	$6,113
Jan 1996	359	153	17.07	—	$6,128
Dec 1995	541	181	17.19	—	$9,300
Nov 1995	366	98	16.00	—	$5,856
Oct 1995	527	94	15.43	—	$8,132
Sep 1995	352	34	16.18	—	$5,695
Aug 1995	516	133	15.92	—	$8,215
Jul 1995	526	183	15.24	—	$8,016
Jun 1995	353	144	16.41	—	$5,793
May 1995	705	146	17.56	—	$12,380
Apr 1995	357	196	17.73	—	$6,330
Mar 1995	524	219	16.44	—	$8,615
Feb 1995	825	147	16.58	—	$13,679
Jan 1995	0	171	15.92	—	$0
Dec 1994	697	142	15.03	—	$10,476
Nov 1994	172	297	15.90	—	$2,735
Oct 1994	523	291	15.58	—	$8,148
Sep 1994	522	335	15.29	—	$7,981
Aug 1994	350	272	16.13	—	$5,646
Jul 1994	528	286	17.56	—	$9,272
Jun 1994	359	364	17.09	—	$6,135
May 1994	528	353	15.88	—	$8,385
Apr 1994	355	295	14.14	—	$5,020
Mar 1994	350	392	12.46	—	$4,361
Feb 1994	868	255	12.50	—	$10,850
Jan 1994	0	300	12.66	—	$0
Dec 1993	524	295	12.33	—	$6,461
Nov 1993	539	262	14.49	—	$7,810
Oct 1993	351	434	15.85	—	$5,563
Sep 1993	508	247	15.03	—	$7,635
Aug 1993	339	417	15.66	—	$5,309
Jul 1993	347	445	15.46	—	$5,365
Jun 1993	691	374	16.79	—	$11,602
May 1993	351	268	17.68	—	$6,206
Apr 1993	515	235	18.05	—	$9,296
Mar 1993	518	268	18.14	—	$9,397
Feb 1993	712	389	17.90	—	$12,745
Jan 1993	342	405	16.93	—	$5,790

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 2006 — as filed, then multipliedworked

Oil                  254 bbl  × $ 56.65 =    $14,389
Casinghead gas         0 Mcf  × $  6.92 =         $0

────────────────────────────────────────────────────
Month total                                  $14,389

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/64861 is the state's own key, not one this site invented.