OCONNOR, L.W. ESTATE -A-

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LIVE OAK LAKE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 129321District 02Field 54144025CondensateGasSaveExport
Value, all time
$407 k
Jan 1993 – Jul 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
no gaps in the span
Streams
2
condensate, 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 80 leases and 80 wells, and the rule below applies to all of them.

Discovered
1989-05-01
as the register files it
Field class
Oil and gas
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 1989-05-01.

The Commission's schedule remark for this field reads: 37 DEPARTMENT FOR APPROVAL.

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
CondensateDisposition30 bbl$974
GasProduction346,383 Mcf$406,345
Total$407,318

259,992 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 (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 28.5722, -97.2681. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57220, -97.26806 · 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
5,200 ft
1 wells filed one
Completion to plug
2.2 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 5,200 ft.

Completions filed
May 2008
1 of 1 wells
Plug dates filed
Jul 2010
1 of 1 wells

Last completion to plug: a median of 2.2 years across the 1 well that filed both dates, with the middle half between 2.2 years and 2.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17531002705,200 ftMay 2008Jul 2010Yes

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 (211)

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

211 months

Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20080309123.1711.57$3,576
Apr 20080192110.3110.45$2,007
Mar 20080401101.909.66$3,875
Feb 2008034292.538.77$3,000
Jan 2008046690.388.21$3,824
Dec 2007074288.337.30$5,418
Nov 2007023091.677.29$1,677
Oct 2007011382.856.92$782
Sep 2007010075.846.24$624
Aug 2007049069.066.39$3,130
Jul 2007017670.906.39$1,124
Jun 2007021262.007.55$1,600
May 2007022758.747.85$1,781
Apr 2007019159.617.81$1,491
Mar 2007024856.927.30$1,811
Feb 2007021955.108.22$1,799
Jan 2007025250.306.73$1,695
Dec 2006024956.656.92$1,723
Nov 2006025254.207.62$1,920
Oct 2006026754.906.01$1,606
Sep 2006019860.085.04$997
Aug 2006029068.717.34$2,129
Jul 2006030769.376.34$1,947
Jun 2006021566.286.38$1,373
May 2006026766.016.42$1,715
Apr 2006023064.397.36$1,693
Mar 2006038156.707.08$2,699
Feb 2006038157.597.75$2,953
Jan 2006042860.598.93$3,823
Dec 2005051754.9413.42$6,936
Nov 2005072354.6910.59$7,655
Oct 2005058058.3413.80$8,002
Sep 2005047861.4512.08$5,774
Aug 2005043561.519.80$4,262
Jul 2005074755.697.84$5,859
Jun 2005094452.337.38$6,968
May 200501,07845.226.65$7,170
Apr 200501,05749.207.36$7,780
Mar 2005075950.377.15$5,431
Feb 2005092845.226.31$5,857
Jan 2005099343.166.32$6,278
Dec 2004076539.866.75$5,165
Nov 2004045945.286.33$2,906
Oct 2004068749.706.52$4,476
Sep 2004057343.245.28$3,028
Aug 2004071142.375.55$3,947
Jul 2004095938.286.08$5,835
Jun 200401,02436.106.43$6,587
May 2004047137.486.49$3,059
Apr 2004082634.475.86$4,839
Mar 200401,05134.365.53$5,812
Feb 2004301,04232.455.51$6,715
Jan 2004090932.036.30$5,726
Dec 200301,22530.266.30$7,720
Nov 200301,10128.804.60$5,059
Oct 2003050928.174.76$2,423
Sep 2003033926.314.75$1,610
Aug 2003052429.765.13$2,688
Jul 2003056629.415.17$2,927
Jun 2003045228.565.98$2,704
May 2003057026.595.97$3,404
Apr 2003087726.675.41$4,742
Mar 200301,62431.146.10$9,900
Feb 200301,62333.487.93$12,864
Jan 200301,46830.315.58$8,194
Dec 200201,44126.914.85$6,994
Nov 200201,30224.664.14$5,386
Oct 200201,72226.464.23$7,283
Sep 200201,68027.443.64$6,107
Aug 200201,72825.963.16$5,468
Jul 200201,13224.583.06$3,466
Jun 200201,60423.733.34$5,355
May 200201,77124.663.58$6,347
Apr 200201,85523.653.51$6,515
Mar 200201,89222.003.10$5,870
Feb 200201,76718.222.38$4,198
Jan 200202,00117.172.38$4,754
Dec 200102,43616.932.36$5,760
Nov 200101,86618.072.41$4,489
Oct 200101,90719.782.53$4,823
Sep 200101,71324.262.25$3,857
Aug 200102,24424.873.05$6,851
Jul 200101,97323.933.20$6,308
Jun 200101,32624.563.82$5,071
May 2001090425.524.31$3,894
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 199902912.471.84$53
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998044610.892.19$975
Oct 199807012.421.97$138
Sep 1998021512.592.08$448
Aug 1998047111.301.91$898
Jul 1998036711.742.24$821
Jun 1998020811.242.24$465
May 1998028912.622.21$638
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 1998011913.952.30$274
Jan 199804414.702.15$95
Dec 199704516.322.41$109
Nov 199703718.193.09$114
Oct 1997065819.253.15$2,073
Sep 1997060717.742.95$1,794
Aug 1997045417.862.55$1,160
Jul 199701,43517.582.25$3,224
Jun 1997067017.242.26$1,512
May 199701,13018.972.31$2,609
Apr 199701,28217.882.08$2,670
Mar 199701,87518.951.94$3,636
Feb 199701,79620.492.21$3,962
Jan 199701,91123.483.54$6,764
Dec 199602,24023.32$0
Nov 199602,76321.97$0
Oct 199602,91023.31$0
Sep 199603,90522.22$0
Aug 199604,24020.26$0
Jul 199605,44619.55$0
Jun 199603,44918.73$0
May 199604,59819.43$0
Apr 199603,62221.51$0
Mar 199604,56219.38$0
Feb 199604,51316.98$0
Jan 199604,72117.07$0
Dec 199504,63817.19$0
Nov 199504,14316.00$0
Oct 199503,94115.43$0
Sep 199503,97616.18$0
Aug 199504,17915.92$0
Jul 199504,67915.24$0
Jun 199504,83816.41$0
May 199505,13717.56$0
Apr 199504,68217.73$0
Mar 199505,36016.44$0
Feb 199504,48016.58$0
Jan 199504,82815.92$0
Dec 199404,98715.03$0
Nov 199405,22015.90$0
Oct 199405,32115.58$0
Sep 199405,49115.29$0
Aug 199406,28916.13$0
Jul 199406,86417.56$0
Jun 199405,73117.09$0
May 199406,97615.88$0
Apr 199406,61614.14$0
Mar 199406,31912.46$0
Feb 199405,50412.50$0
Jan 199406,24312.66$0
Dec 199307,96712.33$0
Nov 199306,45014.49$0
Oct 199305,21415.85$0
Sep 199305,91015.03$0
Aug 199306,85615.66$0
Jul 199307,78515.46$0
Jun 199307,30816.79$0
May 199308,09517.68$0
Apr 199307,63418.05$0
Mar 199309,74518.14$0
Feb 199306,41817.90$0
Jan 199307,19916.93$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.

May 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $123.17 =         $0
Gas                  309 Mcf  × $ 11.57 =     $3,576

────────────────────────────────────────────────────
Month total                                   $3,576

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. 02/G/129321 is the state's own key, not one this site invented.