HAMMACK

Operated by VERADO ENERGY, INC. (P-5 884563) in the HERMLEIGH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 69417District 8AField 40716333OilCasinghead gasSaveExport
Value, all time
$7.2 M
Jul 2009 – Sep 2019
Value, last 12 filed months
$364 k
at the published price for each month
Months reported
123
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 40 leases and 61 wells, and the rule below applies to all of them.

Discovered
1953-10-22
as the register files it
Field class
Oil
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 40 acres. The field rule took effect on 2006-08-01.

The Commission's schedule remark for this field reads: PSUEDO RULES FOR HORIZONTAL WELLS.

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
OilDisposition83,735 bbl$6,168,956
Casinghead gasProduction302,806 Mcf$1,073,427
Total$7,242,383

Wells on this lease (4)

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 32.7030, -100.7161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

32.70326, -100.71793 · 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%
4 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
7,400 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
4100.0%
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.
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 7,380 and 7,409 ft, median 7,400 ft, over the 4 wells that filed a depth.

Completions filed
Jul 2009 – Apr 2015
4 of 4 wells

4 wells

42-4153511247,380 ftApr 2015Yes
42-4153465137,409 ftJun 2011Yes
42-4153457827,391 ftFeb 2010Yes
42-4153452217,409 ftJul 2009Yes

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 (123)

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

123 months

Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20191,0941,45162.632.75$72,508
Mar 201972974556.803.06$43,688
Feb 20193642,62750.852.79$25,845
Jan 20191,4431,69846.033.23$71,903
Dec 20189054,41946.594.19$60,659
Nov 20183654,32052.934.24$37,624
Oct 20185485,33561.443.40$51,798
Sep 20183705,16259.543.11$38,073
Aug 20185393,57759.403.07$42,986
Jul 20183704,03665.142.93$35,935
Jun 20183615,12660.183.08$37,497
May 20183456,69065.382.90$41,962
Apr 20185444,33363.842.90$47,298
Mar 20185612,85161.222.79$42,290
Feb 20183761,90661.782.77$28,502
Jan 20181,1123,34562.874.01$83,323
Dec 20171,4202,13857.272.92$87,570
Nov 20178751,69455.423.12$53,775
Oct 20175201,31949.292.98$29,566
Sep 20175181,08247.523.09$27,956
Aug 20175551,10345.373.00$28,494
Jul 20179151,39143.873.09$44,435
Jun 201722294742.493.09$12,356
May 20175321,38145.373.26$28,644
Apr 201761,71047.933.21$5,779
Mar 20175381,70146.772.98$30,238
Feb 20171831,58250.452.95$13,903
Jan 201770335049.413.42$35,932
Dec 201654040648.763.72$27,842
Nov 201689140642.492.64$38,932
Oct 20163431,52146.193.09$20,543
Sep 20165282,00341.553.10$28,149
Aug 20166181,99741.442.92$31,450
Jul 20163511,59341.622.92$19,267
Jun 20166951,88945.352.69$36,592
May 20165252,01742.521.99$26,339
Apr 20163532,09836.561.99$17,083
Mar 20168952,18333.011.79$33,460
Feb 2016531026.472.06$14,056
Jan 20167141,76927.352.36$23,710
Dec 20155421,45332.362.00$20,447
Nov 20158862,00238.792.17$38,707
Oct 20155382,07043.552.43$28,453
Sep 20155281,80342.992.76$27,672
Aug 20157051,97840.162.87$33,995
Jul 20155552,10748.152.95$32,929
Jun 2015736056.152.88$41,326
May 201502,33055.212.96$6,886
Apr 20158992,21649.822.71$50,786
Mar 20157071,44442.892.93$34,561
Feb 20155141,59244.662.98$27,693
Jan 20155311,90443.433.10$28,965
Dec 20147452,01954.693.59$47,995
Nov 20143622,15070.464.25$34,648
Oct 20145332,54978.303.90$51,677
Sep 20145392,53586.164.05$56,695
Aug 20147642,70489.394.04$79,205
Jul 201402,69996.564.18$11,281
Jun 20145532,52198.164.74$66,224
May 20145382,46694.734.73$62,620
Apr 20147062,56495.944.81$80,064
Mar 20149282,61495.895.06$102,204
Feb 20147132,11197.406.19$82,518
Jan 20143622,55590.404.86$45,144
Dec 20138512,44491.824.35$88,781
Nov 20135572,67688.853.74$59,493
Oct 20137202,87197.423.78$80,993
Sep 20139162,746104.113.72$105,574
Aug 20135732,376104.253.52$68,105
Jul 20137513,051102.523.72$88,335
Jun 20137472,89994.403.93$81,920
May 20137512,75194.834.15$82,631
Apr 20137463,04593.964.28$83,135
Mar 20135682,93893.623.91$64,672
Feb 20137413,04491.233.42$78,012
Jan 20139523,60091.603.42$99,515
Dec 20128893,54886.773.42$89,273
Nov 20129003,84386.953.62$92,186
Oct 20129263,76189.383.40$95,552
Sep 20127363,88994.672.92$81,027
Aug 20129723,88892.662.91$101,372
Jul 20129353,88885.133.02$91,341
Jun 20129124,30479.822.52$83,638
May 20129254,60791.612.49$96,203
Apr 20121,2803,314101.652.00$136,729
Mar 20127222,200105.052.22$80,735
Feb 20121,1011,212101.102.57$114,426
Jan 20127593,02798.092.73$82,726
Dec 20111,3333,84796.873.24$141,591
Nov 20111,1533,92995.723.31$123,375
Oct 20111,1194,02884.983.65$109,789
Sep 20111,2654,17883.623.99$122,432
Aug 20111,5635,29983.404.15$152,341
Jul 20111,4835,14594.144.52$162,851
Jun 20111,6404,65492.904.64$173,950
May 20111,8204,74698.134.40$199,502
Apr 20111,2763,630105.964.33$150,935
Mar 20115652,69596.364.06$65,378
Feb 20115602,85285.644.18$59,880
Jan 20119043,35486.504.59$93,587
Dec 20109133,86085.734.35$95,054
Nov 20109243,50480.843.80$87,995
Oct 20107353,41878.103.51$69,397
Sep 20109232,86972.633.98$78,455
Aug 20109392,67773.684.42$81,016
Jul 20101,0992,74972.554.74$92,753
Jun 20109421,55970.364.91$73,934
May 20103721,47971.124.24$32,721
Apr 20105731,46281.694.12$52,836
Mar 20105661,10078.394.39$49,196
Feb 20101831,10173.585.44$19,457
Jan 20103491,35874.365.96$34,051
Dec 20093591,44871.445.48$33,587
Nov 20093621,41474.593.75$32,306
Oct 20093751,86172.544.11$34,852
Sep 20097212,88165.543.06$56,084
Aug 20099081,50067.423.22$66,045
Jul 20090061.133.46$0

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 2019 — as filed, then multipliedworked
Oil                1,094 bbl  × $ 62.63 =    $68,517
Casinghead gas     1,451 Mcf  × $  2.75 =     $3,991

────────────────────────────────────────────────────
Month total                                  $72,508

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/69417 is the state's own key, not one this site invented.