HERTEL

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) in the PRENTICE (6700) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 70206District 8AField 72995498Hydrogen sulphide fieldOilSaveExport
Value, all time
$693 k
Jul 2013 – Mar 2017
Value, last 12 filed months
$0
at the published price for each month
Months reported
45
no gaps in the span
Streams
1
oil

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 64 leases and 1,041 wells, and the rule below applies to all of them.

Discovered
1950-06-13
as the register files it
Field class
Oil
the register's own label
Between wells
600 ft
minimum
From a lease line
440 ft
minimum

A drilling unit in this field needs at least 20 acres.

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: 20 AC. OPTION - MAX DIAG 1500

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
OilDisposition9,060 bbl$693,213
Total$693,213

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 33.2365, -102.4860. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23650, -102.48600 · 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
8,110 ft
1 wells filed one
Completion to plug
2.7 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 8,110 ft.

Completions filed
Jul 2013
1 of 1 wells
Plug dates filed
Mar 2016
1 of 1 wells

Last completion to plug: a median of 2.7 years across the 1 well that filed both dates, with the middle half between 2.7 years and 2.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4453237018,110 ftJul 2013Mar 2016Yes

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 (45)

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

45 months

Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 201624526.472.06$6,485
Jan 2016027.352.36$0
Dec 201517932.362.00$5,792
Nov 2015038.792.17$0
Oct 201519243.552.43$8,362
Sep 201519642.992.76$8,426
Aug 201518240.162.87$7,309
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 201536655.212.96$20,207
Apr 201518749.822.71$9,316
Mar 201516942.892.93$7,248
Feb 201517944.662.98$7,994
Jan 201535643.433.10$15,461
Dec 201453354.693.59$29,150
Nov 201450470.464.25$35,512
Oct 201451378.303.90$40,168
Sep 201455186.164.05$47,474
Aug 20141,38289.394.04$123,537
Jul 20141,22996.564.18$118,672
Jun 20141,00698.164.74$98,749
May 20141,09194.734.73$103,350
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$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.

Feb 2016 — as filed, then multipliedworked
Oil                  245 bbl  × $ 26.47 =     $6,485

────────────────────────────────────────────────────
Month total                                   $6,485

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/70206 is the state's own key, not one this site invented.