HOWARD TRUST

Name: HOWARD TRUST lease production and value, Dec 1999 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by QP, INC. (P-5 684489) in the CONDOR (ABO DETRITAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 68161District 8AField 20083002Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$3.4 M

Dec 1999 – Oct 2015

Value, last 12 filed months

$116

at the published price for each month

Months reported

191

no gaps in the span

Streams

oil, casinghead gas

The CONDOR (ABO DETRITAL) 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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered

1999-12-17

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

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	98,244 bbl	$2,964,149
Casinghead gas	Production	95,698 Mcf	$438,276
Total			$3,402,425

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 33.7344, -102.2309. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.73443, -102.23087 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

10,100 ft

1 wells filed one

Completion to plug

15.3 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 10,100 ft.

Completions filed

Dec 1999

1 of 1 wells

Plug dates filed

Mar 2015

1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21936482	1	10,100 ft	Dec 1999	Mar 2015	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 (191)

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

191 months


Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	43	49.82	2.71	$116
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	167	0	89.39	4.04	$14,928
Jul 2014	0	58	96.56	4.18	$242
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	43	94.73	4.73	$203
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	146	97.40	6.19	$904
Jan 2014	0	94	90.40	4.86	$457
Dec 2013	0	134	91.82	4.35	$584
Nov 2013	0	111	88.85	3.74	$415
Oct 2013	0	110	97.42	3.78	$416
Sep 2013	0	308	104.11	3.72	$1,145
Aug 2013	0	250	104.25	3.52	$881
Jul 2013	0	290	102.52	3.72	$1,078
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	308	94.83	4.15	$1,278
Apr 2013	0	304	93.96	4.28	$1,302
Mar 2013	167	280	93.62	3.91	$16,730
Feb 2013	0	218	91.23	3.42	$746
Jan 2013	0	326	91.60	3.42	$1,115
Dec 2012	0	348	86.77	3.42	$1,190
Nov 2012	0	350	86.95	3.62	$1,269
Oct 2012	0	461	89.38	3.40	$1,567
Sep 2012	0	457	94.67	2.92	$1,334
Aug 2012	0	495	92.66	2.91	$1,440
Jul 2012	0	559	85.13	3.02	$1,689
Jun 2012	0	530	79.82	2.52	$1,335
May 2012	0	410	91.61	2.49	$1,020
Apr 2012	0	277	101.65	2.00	$553
Mar 2012	0	343	105.05	2.22	$762
Feb 2012	0	312	101.10	2.57	$802
Jan 2012	0	339	98.09	2.73	$927
Dec 2011	0	370	96.87	3.24	$1,199
Nov 2011	162	339	95.72	3.31	$16,629
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	351	83.62	3.99	$1,399
Aug 2011	0	450	83.40	4.15	$1,867
Jul 2011	0	431	94.14	4.52	$1,947
Jun 2011	0	385	92.90	4.64	$1,786
May 2011	0	461	98.13	4.40	$2,031
Apr 2011	0	458	105.96	4.33	$1,985
Mar 2011	0	624	96.36	4.06	$2,532
Feb 2011	0	237	85.64	4.18	$991
Jan 2011	163	817	86.50	4.59	$17,849
Dec 2010	0	817	85.73	4.35	$3,552
Nov 2010	0	213	80.84	3.80	$808
Oct 2010	0	213	78.10	3.51	$747
Sep 2010	0	213	72.63	3.98	$848
Aug 2010	0	491	73.68	4.42	$2,170
Jul 2010	0	398	72.55	4.74	$1,885
Jun 2010	0	0	70.36	4.91	$0
May 2010	162	534	71.12	4.24	$13,783
Apr 2010	0	416	81.69	4.12	$1,715
Mar 2010	0	421	78.39	4.39	$1,848
Feb 2010	0	303	73.58	5.44	$1,649
Jan 2010	169	347	74.36	5.96	$14,636
Dec 2009	0	467	71.44	5.48	$2,561
Nov 2009	0	491	74.59	3.75	$1,842
Oct 2009	0	437	72.54	4.11	$1,796
Sep 2009	0	170	65.54	3.06	$521
Aug 2009	174	91	67.42	3.22	$12,024
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	150	66.16	3.90	$584
May 2009	168	0	54.74	3.93	$9,196
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	171	0	35.86	5.37	$6,132
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	170	0	75.24	6.92	$12,791
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	173	0	131.08	11.39	$22,677
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	171	352	110.31	10.45	$22,543
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	174	0	90.38	8.21	$15,726
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	169	0	82.85	6.92	$14,002
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	175	0	69.06	6.39	$12,086
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	175	0	62.00	7.55	$10,850
May 2007	0	101	58.74	7.85	$792
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	180	0	55.10	8.22	$9,918
Jan 2007	167	0	50.30	6.73	$8,400
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	175	0	54.20	7.62	$9,485
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	169	0	68.71	7.34	$11,612
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	170	0	66.28	6.38	$11,268
May 2006	169	0	66.01	6.42	$11,156
Apr 2006	173	0	64.39	7.36	$11,139
Mar 2006	171	0	56.70	7.08	$9,696
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	178	0	60.59	8.93	$10,785
Dec 2005	0	67	54.94	13.42	$899
Nov 2005	0	76	54.69	10.59	$805
Oct 2005	165	186	58.34	13.80	$12,192
Sep 2005	0	187	61.45	12.08	$2,259
Aug 2005	166	0	61.51	9.80	$10,211
Jul 2005	167	5	55.69	7.84	$9,339
Jun 2005	161	194	52.33	7.38	$9,857
May 2005	0	0	45.22	6.65	$0
Apr 2005	161	273	49.20	7.36	$9,931
Mar 2005	161	262	50.37	7.15	$9,984
Feb 2005	151	233	45.22	6.31	$8,299
Jan 2005	163	275	43.16	6.32	$8,774
Dec 2004	318	255	39.86	6.75	$14,397
Nov 2004	0	174	45.28	6.33	$1,101
Oct 2004	316	216	49.70	6.52	$17,112
Sep 2004	0	339	43.24	5.28	$1,791
Aug 2004	164	205	42.37	5.55	$8,087
Jul 2004	180	102	38.28	6.08	$7,511
Jun 2004	174	302	36.10	6.43	$8,224
May 2004	179	318	37.48	6.49	$8,774
Apr 2004	164	318	34.47	5.86	$7,516
Mar 2004	345	344	34.36	5.53	$13,757
Feb 2004	0	195	32.45	5.51	$1,074
Jan 2004	330	283	32.03	6.30	$12,353
Dec 2003	0	345	30.26	6.30	$2,174
Nov 2003	355	378	28.80	4.60	$11,961
Oct 2003	180	422	28.17	4.76	$7,079
Sep 2003	164	405	26.31	4.75	$6,238
Aug 2003	179	399	29.76	5.13	$7,374
Jul 2003	351	421	29.41	5.17	$12,500
Jun 2003	175	411	28.56	5.98	$7,457
May 2003	334	455	26.59	5.97	$11,599
Apr 2003	162	446	26.67	5.41	$6,732
Mar 2003	318	456	31.14	6.10	$12,682
Feb 2003	335	507	33.48	7.93	$15,234
Jan 2003	504	576	30.31	5.58	$18,492
Dec 2002	364	618	26.91	4.85	$12,795
Nov 2002	332	599	24.66	4.14	$10,665
Oct 2002	533	601	26.46	4.23	$16,645
Sep 2002	365	599	27.44	3.64	$12,193
Aug 2002	357	698	25.96	3.16	$11,476
Jul 2002	358	781	24.58	3.06	$11,191
Jun 2002	674	781	23.73	3.34	$18,601
May 2002	359	990	24.66	3.58	$12,401
Apr 2002	350	935	23.65	3.51	$11,562
Mar 2002	666	1,100	22.00	3.10	$18,065
Feb 2002	358	1,071	18.22	2.38	$9,067
Jan 2002	675	1,186	17.17	2.38	$14,407
Dec 2001	904	1,302	16.93	2.36	$18,383
Nov 2001	357	1,451	18.07	2.41	$9,941
Oct 2001	1,032	1,685	19.78	2.53	$24,674
Sep 2001	675	1,815	24.26	2.25	$20,462
Aug 2001	684	2,090	24.87	3.05	$23,392
Jul 2001	1,188	2,340	23.93	3.20	$35,910
Jun 2001	1,189	2,510	24.56	3.82	$38,800
May 2001	1,392	2,852	25.52	4.31	$47,808
Apr 2001	1,650	2,904	24.68	5.34	$56,216
Mar 2001	1,833	331	24.54	5.38	$46,761
Feb 2001	2,399	3,187	27.75	5.77	$84,952
Jan 2001	3,456	3,339	27.47	8.40	$122,980
Dec 2000	2,131	3,556	26.88	9.12	$89,721
Nov 2000	4,311	4,187	32.21	5.66	$162,547
Oct 2000	5,597	4,383	31.23	5.15	$197,347
Sep 2000	6,004	3,424	31.87	5.19	$209,106
Aug 2000	6,082	2,810	29.64	4.54	$193,030
Jul 2000	6,370	1,443	28.53	4.09	$187,638
Jun 2000	6,080	1,811	29.30	4.40	$186,107
May 2000	6,400	1,902	27.26	3.68	$181,463
Apr 2000	5,825	1,787	24.51	3.12	$148,339
Mar 2000	6,344	1,979	28.42	2.86	$185,956
Feb 2000	5,927	2,064	27.62	2.73	$169,331
Jan 2000	3,247	755	25.27	2.48	$83,924
Dec 1999	992	350	24.28	2.42	$24,934

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.

Apr 2015 — as filed, then multipliedworked

Oil                    0 bbl  × $ 49.82 =         $0
Casinghead gas        43 Mcf  × $  2.71 =       $116

────────────────────────────────────────────────────
Month total                                     $116

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/68161 is the state's own key, not one this site invented.