OQUINN, WEBSTER, GAS UNIT

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

Operated by VIRTEX OPERATING COMPANY, INC. (P-5 886261) in the BIG FOOT, WEST (GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 41District 01Field 07856250NGPA filingGasSave Export

Value, all time

$906 k

Jan 1993 – May 2017

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

293

no gaps in the span

Streams

gas

The BIG FOOT, WEST (GAS) 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 92 leases and 92 wells, and the rule below applies to all of them.

Discovered

1952-11-13

as the register files it

Field class

Gas

the register's own label

Between wells

2,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 213 acres. The field rule took effect on 1985-06-14.

The Commission's schedule remark for this field reads: “AOF-1 AND AOF-2 EFFECTIVE 08/01/2002.”

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	1	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
Gas	Production	214,291 Mcf	$905,805
Total			$905,805

26,210 Mcf of this lease's gas, across 47 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 28.9894, -98.9674. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.98938, -98.96745 · 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

3,182 ft

1 wells filed one

Completion to plug

58.8 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 3,182 ft.

Completions filed

Aug 1958

1 of 1 wells

Plug dates filed

May 2017

1 of 1 wells

Last completion to plug: a median of 58.8 years across the 1 well that filed both dates, with the middle half between 58.8 years and 58.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-16300665	2	3,182 ft	Aug 1958	May 2017	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 (293)

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

293 months


May 2017	0	45.37	3.26	$0
Apr 2017	0	47.93	3.21	$0
Mar 2017	0	46.77	2.98	$0
Feb 2017	258	50.45	2.95	$762
Jan 2017	755	49.41	3.42	$2,581
Dec 2016	786	48.76	3.72	$2,926
Nov 2016	401	42.49	2.64	$1,060
Oct 2016	719	46.19	3.09	$2,222
Sep 2016	814	41.55	3.10	$2,524
Aug 2016	914	41.44	2.92	$2,673
Jul 2016	358	41.62	2.92	$1,047
Jun 2016	603	45.35	2.69	$1,620
May 2016	765	42.52	1.99	$1,523
Apr 2016	294	36.56	1.99	$585
Mar 2016	342	33.01	1.79	$614
Feb 2016	312	26.47	2.06	$644
Jan 2016	52	27.35	2.36	$123
Dec 2015	75	32.36	2.00	$150
Nov 2015	113	38.79	2.17	$245
Oct 2015	127	43.55	2.43	$308
Sep 2015	206	42.99	2.76	$568
Aug 2015	259	40.16	2.87	$744
Jul 2015	425	48.15	2.95	$1,252
Jun 2015	321	56.15	2.88	$925
May 2015	76	55.21	2.96	$225
Apr 2015	268	49.82	2.71	$725
Mar 2015	279	42.89	2.93	$819
Feb 2015	324	44.66	2.98	$964
Jan 2015	184	43.43	3.10	$571
Dec 2014	78	54.69	3.59	$280
Nov 2014	350	70.46	4.25	$1,488
Oct 2014	310	78.30	3.90	$1,209
Sep 2014	427	86.16	4.05	$1,727
Aug 2014	453	89.39	4.04	$1,828
Jul 2014	354	96.56	4.18	$1,480
Jun 2014	376	98.16	4.74	$1,781
May 2014	223	94.73	4.73	$1,054
Apr 2014	467	95.94	4.81	$2,246
Mar 2014	226	95.89	5.06	$1,143
Feb 2014	545	97.40	6.19	$3,375
Jan 2014	436	90.40	4.86	$2,119
Dec 2013	365	91.82	4.35	$1,589
Nov 2013	545	88.85	3.74	$2,037
Oct 2013	332	97.42	3.78	$1,255
Sep 2013	258	104.11	3.72	$959
Aug 2013	281	104.25	3.52	$990
Jul 2013	477	102.52	3.72	$1,773
Jun 2013	289	94.40	3.93	$1,137
May 2013	485	94.83	4.15	$2,012
Apr 2013	463	93.96	4.28	$1,983
Mar 2013	540	93.62	3.91	$2,113
Feb 2013	398	91.23	3.42	$1,361
Jan 2013	521	91.60	3.42	$1,782
Dec 2012	191	86.77	3.42	$653
Nov 2012	462	86.95	3.62	$1,675
Oct 2012	292	89.38	3.40	$993
Sep 2012	188	94.67	2.92	$549
Aug 2012	512	92.66	2.91	$1,489
Jul 2012	223	85.13	3.02	$674
Jun 2012	281	79.82	2.52	$708
May 2012	205	91.61	2.49	$510
Apr 2012	403	101.65	2.00	$805
Mar 2012	393	105.05	2.22	$873
Feb 2012	463	101.10	2.57	$1,190
Jan 2012	431	98.09	2.73	$1,178
Dec 2011	601	96.87	3.24	$1,947
Nov 2011	981	95.72	3.31	$3,248
Oct 2011	645	84.98	3.65	$2,353
Sep 2011	986	83.62	3.99	$3,930
Aug 2011	810	83.40	4.15	$3,361
Jul 2011	948	94.14	4.52	$4,282
Jun 2011	851	92.90	4.64	$3,949
May 2011	1,026	98.13	4.40	$4,519
Apr 2011	440	105.96	4.33	$1,907
Mar 2011	162	96.36	4.06	$657
Feb 2011	837	85.64	4.18	$3,499
Jan 2011	877	86.50	4.59	$4,024
Dec 2010	911	85.73	4.35	$3,961
Nov 2010	1,015	80.84	3.80	$3,852
Oct 2010	997	78.10	3.51	$3,498
Sep 2010	813	72.63	3.98	$3,235
Aug 2010	869	73.68	4.42	$3,840
Jul 2010	965	72.55	4.74	$4,571
Jun 2010	941	70.36	4.91	$4,621
May 2010	906	71.12	4.24	$3,837
Apr 2010	765	81.69	4.12	$3,154
Mar 2010	819	78.39	4.39	$3,594
Feb 2010	832	73.58	5.44	$4,528
Jan 2010	657	74.36	5.96	$3,918
Dec 2009	887	71.44	5.48	$4,864
Nov 2009	727	74.59	3.75	$2,727
Oct 2009	895	72.54	4.11	$3,679
Sep 2009	561	65.54	3.06	$1,719
Aug 2009	882	67.42	3.22	$2,839
Jul 2009	848	61.13	3.46	$2,938
Jun 2009	910	66.16	3.90	$3,544
May 2009	767	54.74	3.93	$3,011
Apr 2009	793	46.77	3.59	$2,845
Mar 2009	959	42.14	4.06	$3,893
Feb 2009	748	32.81	4.63	$3,465
Jan 2009	898	35.86	5.37	$4,823
Dec 2008	646	37.10	5.98	$3,861
Nov 2008	963	55.49	6.86	$6,607
Oct 2008	892	75.24	6.92	$6,174
Sep 2008	864	101.76	7.88	$6,806
Aug 2008	902	114.22	8.48	$7,652
Jul 2008	978	131.08	11.39	$11,139
Jun 2008	1,008	131.33	13.03	$13,137
May 2008	981	123.17	11.57	$11,354
Apr 2008	957	110.31	10.45	$10,005
Mar 2008	942	101.90	9.66	$9,104
Feb 2008	876	92.53	8.77	$7,683
Jan 2008	1,014	90.38	8.21	$8,321
Dec 2007	936	88.33	7.30	$6,835
Nov 2007	687	91.67	7.29	$5,009
Oct 2007	1,005	82.85	6.92	$6,957
Sep 2007	936	75.84	6.24	$5,845
Aug 2007	881	69.06	6.39	$5,628
Jul 2007	917	70.90	6.39	$5,858
Jun 2007	922	62.00	7.55	$6,960
May 2007	976	58.74	7.85	$7,658
Apr 2007	883	59.61	7.81	$6,892
Mar 2007	1,049	56.92	7.30	$7,660
Feb 2007	779	55.10	8.22	$6,400
Jan 2007	963	50.30	6.73	$6,478
Dec 2006	1,012	56.65	6.92	$7,001
Nov 2006	978	54.20	7.62	$7,450
Oct 2006	990	54.90	6.01	$5,954
Sep 2006	1,077	60.08	5.04	$5,425
Aug 2006	1,072	68.71	7.34	$7,868
Jul 2006	1,096	69.37	6.34	$6,952
Jun 2006	1,073	66.28	6.38	$6,850
May 2006	1,066	66.01	6.42	$6,849
Apr 2006	1,032	64.39	7.36	$7,596
Mar 2006	1,061	56.70	7.08	$7,515
Feb 2006	1,058	57.59	7.75	$8,201
Jan 2006	978	60.59	8.93	$8,737
Dec 2005	868	54.94	13.42	$11,645
Nov 2005	1,052	54.69	10.59	$11,139
Oct 2005	978	58.34	13.80	$13,492
Sep 2005	999	61.45	12.08	$12,067
Aug 2005	1,052	61.51	9.80	$10,306
Jul 2005	984	55.69	7.84	$7,718
Jun 2005	1,062	52.33	7.38	$7,839
May 2005	954	45.22	6.65	$6,345
Apr 2005	961	49.20	7.36	$7,073
Mar 2005	1,098	50.37	7.15	$7,856
Feb 2005	951	45.22	6.31	$6,003
Jan 2005	978	43.16	6.32	$6,183
Dec 2004	1,161	39.86	6.75	$7,838
Nov 2004	917	45.28	6.33	$5,805
Oct 2004	928	49.70	6.52	$6,046
Sep 2004	1,302	43.24	5.28	$6,880
Aug 2004	1,257	42.37	5.55	$6,977
Jul 2004	1,542	38.28	6.08	$9,382
Jun 2004	1,494	36.10	6.43	$9,611
May 2004	872	37.48	6.49	$5,663
Apr 2004	820	34.47	5.86	$4,804
Mar 2004	936	34.36	5.53	$5,176
Feb 2004	831	32.45	5.51	$4,578
Jan 2004	849	32.03	6.30	$5,348
Dec 2003	996	30.26	6.30	$6,276
Nov 2003	1,074	28.80	4.60	$4,935
Oct 2003	546	28.17	4.76	$2,599
Sep 2003	829	26.31	4.75	$3,937
Aug 2003	1,693	29.76	5.13	$8,685
Jul 2003	2,270	29.41	5.17	$11,738
Jun 2003	2,853	28.56	5.98	$17,069
May 2003	3,417	26.59	5.97	$20,409
Apr 2003	0	26.67	5.41	$0
Mar 2003	0	31.14	6.10	$0
Feb 2003	0	33.48	7.93	$0
Jan 2003	0	30.31	5.58	$0
Dec 2002	77	26.91	4.85	$374
Nov 2002	1,375	24.66	4.14	$5,688
Oct 2002	1,783	26.46	4.23	$7,541
Sep 2002	1,884	27.44	3.64	$6,849
Aug 2002	2,058	25.96	3.16	$6,512
Jul 2002	2,043	24.58	3.06	$6,255
Jun 2002	2,003	23.73	3.34	$6,686
May 2002	2,029	24.66	3.58	$7,272
Apr 2002	1,994	23.65	3.51	$7,004
Mar 2002	2,951	22.00	3.10	$9,156
Feb 2002	3,385	18.22	2.38	$8,042
Jan 2002	1,869	17.17	2.38	$4,440
Dec 2001	2,848	16.93	2.36	$6,734
Nov 2001	1,560	18.07	2.41	$3,753
Oct 2001	910	19.78	2.53	$2,301
Sep 2001	202	24.26	2.25	$455
Aug 2001	240	24.87	3.05	$733
Jul 2001	286	23.93	3.20	$914
Jun 2001	89	24.56	3.82	$340
May 2001	2	25.52	4.31	$9
Apr 2001	0	24.68	5.34	$0
Mar 2001	0	24.54	5.38	$0
Feb 2001	0	27.75	5.77	$0
Jan 2001	19	27.47	8.40	$160
Dec 2000	2	26.88	9.12	$18
Nov 2000	2	32.21	5.66	$11
Oct 2000	0	31.23	5.15	$0
Sep 2000	1	31.87	5.19	$5
Aug 2000	15	29.64	4.54	$68
Jul 2000	28	28.53	4.09	$115
Jun 2000	276	29.30	4.40	$1,214
May 2000	579	27.26	3.68	$2,131
Apr 2000	802	24.51	3.12	$2,499
Mar 2000	1,167	28.42	2.86	$3,337
Feb 2000	2,242	27.62	2.73	$6,113
Jan 2000	2,785	25.27	2.48	$6,908
Dec 1999	5,068	24.28	2.42	$12,283
Nov 1999	62	23.19	2.43	$151
Oct 1999	1,722	20.98	2.80	$4,828
Sep 1999	1,304	21.75	2.62	$3,415
Aug 1999	4	19.26	2.88	$12
Jul 1999	4	17.89	2.37	$9
Jun 1999	6	15.94	2.36	$14
May 1999	4	15.79	2.32	$9
Apr 1999	8	15.10	2.21	$18
Mar 1999	7	12.47	1.84	$13
Feb 1999	0	9.98	1.82	$0
Jan 1999	10	10.38	1.90	$19
Dec 1998	4	9.20	1.77	$7
Nov 1998	6	10.89	2.19	$13
Oct 1998	4	12.42	1.97	$8
Sep 1998	404	12.59	2.08	$841
Aug 1998	416	11.30	1.91	$793
Jul 1998	336	11.74	2.24	$752
Jun 1998	347	11.24	2.24	$776
May 1998	238	12.62	2.21	$525
Apr 1998	746	13.04	2.51	$1,869
Mar 1998	1,769	12.80	2.31	$4,085
Feb 1998	1,627	13.95	2.30	$3,741
Jan 1998	1,143	14.70	2.15	$2,463
Dec 1997	1,101	16.32	2.41	$2,655
Nov 1997	871	18.19	3.09	$2,690
Oct 1997	1,117	19.25	3.15	$3,518
Sep 1997	1,117	17.74	2.95	$3,301
Aug 1997	932	17.86	2.55	$2,381
Jul 1997	742	17.58	2.25	$1,667
Jun 1997	634	17.24	2.26	$1,431
May 1997	691	18.97	2.31	$1,595
Apr 1997	650	17.88	2.08	$1,354
Mar 1997	839	18.95	1.94	$1,627
Feb 1997	490	20.49	2.21	$1,081
Jan 1997	376	23.48	3.54	$1,331
Dec 1996	431	23.32	—	$0
Nov 1996	1,101	21.97	—	$0
Oct 1996	456	23.31	—	$0
Sep 1996	193	22.22	—	$0
Aug 1996	309	20.26	—	$0
Jul 1996	372	19.55	—	$0
Jun 1996	477	18.73	—	$0
May 1996	588	19.43	—	$0
Apr 1996	605	21.51	—	$0
Mar 1996	678	19.38	—	$0
Feb 1996	600	16.98	—	$0
Jan 1996	515	17.07	—	$0
Dec 1995	643	17.19	—	$0
Nov 1995	477	16.00	—	$0
Oct 1995	533	15.43	—	$0
Sep 1995	652	16.18	—	$0
Aug 1995	630	15.92	—	$0
Jul 1995	666	15.24	—	$0
Jun 1995	949	16.41	—	$0
May 1995	724	17.56	—	$0
Apr 1995	795	17.73	—	$0
Mar 1995	966	16.44	—	$0
Feb 1995	573	16.58	—	$0
Jan 1995	476	15.92	—	$0
Dec 1994	426	15.03	—	$0
Nov 1994	319	15.90	—	$0
Oct 1994	286	15.58	—	$0
Sep 1994	188	15.29	—	$0
Aug 1994	269	16.13	—	$0
Jul 1994	220	17.56	—	$0
Jun 1994	228	17.09	—	$0
May 1994	229	15.88	—	$0
Apr 1994	314	14.14	—	$0
Mar 1994	208	12.46	—	$0
Feb 1994	96	12.50	—	$0
Jan 1994	101	12.66	—	$0
Dec 1993	78	12.33	—	$0
Nov 1993	15	14.49	—	$0
Oct 1993	675	15.85	—	$0
Sep 1993	1,316	15.03	—	$0
Aug 1993	1,150	15.66	—	$0
Jul 1993	0	15.46	—	$0
Jun 1993	463	16.79	—	$0
May 1993	896	17.68	—	$0
Apr 1993	1,053	18.05	—	$0
Mar 1993	1,089	18.14	—	$0
Feb 1993	1,002	17.90	—	$0
Jan 1993	1,180	16.93	—	$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 2017 — as filed, then multipliedworked

Gas                  258 Mcf  × $  2.95 =       $762

────────────────────────────────────────────────────
Month total                                     $762

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. 01/G/41 is the state's own key, not one this site invented.