O'CONNER, L.W. ESTATE "A"

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LIVE OAK LAKE (FRIO 2880) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 207225District 02Field 54144040CondensateGasSaveExport
Value, all time
$1.5 M
Dec 2004 – Aug 2010
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
69
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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
2004-12-07
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 01/01/2007.

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
CondensateDisposition3 bbl$164
GasProduction192,587 Mcf$1,485,663
Total$1,485,828

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 28.5773, -97.2756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57731, -97.27557 · 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
5,350 ft
1 wells filed one
Completion to plug
5.7 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 5,350 ft.

Completions filed
Dec 2004
1 of 1 wells
Plug dates filed
Aug 2010
1 of 1 wells

Last completion to plug: a median of 5.7 years across the 1 well that filed both dates, with the middle half between 5.7 years and 5.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17501863125,350 ftDec 2004Aug 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 (69)

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

69 months

Aug 20100073.684.42$0
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 200901,20372.544.11$4,945
Sep 200901,08965.543.06$3,338
Aug 200901,13167.423.22$3,640
Jul 200901,12061.133.46$3,880
Jun 200901,20166.163.90$4,678
May 200901,08554.743.93$4,259
Apr 200901,03746.773.59$3,720
Mar 200901,05642.144.06$4,286
Feb 2009086632.814.63$4,012
Jan 2009097935.865.37$5,258
Dec 200801,17637.105.98$7,029
Nov 200801,07355.496.86$7,361
Oct 200801,18275.246.92$8,182
Sep 20080740101.767.88$5,829
Aug 20080239114.228.48$2,027
Jul 20080455131.0811.39$5,182
Jun 20080520131.3313.03$6,777
May 20080580123.1711.57$6,713
Apr 20080555110.3110.45$5,802
Mar 20080568101.909.66$5,489
Feb 2008055992.538.77$4,903
Jan 2008050290.388.21$4,119
Dec 2007065288.337.30$4,761
Nov 2007043191.677.29$3,143
Oct 200707582.856.92$519
Sep 2007012575.846.24$781
Aug 200701,07469.066.39$6,861
Jul 200702,20970.906.39$14,111
Jun 200702,48462.007.55$18,750
May 200702,69358.747.85$21,130
Apr 200702,37659.617.81$18,545
Mar 200702,79456.927.30$20,402
Feb 200702,61155.108.22$21,452
Jan 200702,91750.306.73$19,622
Dec 200603,00056.656.92$20,755
Nov 200603,01854.207.62$22,990
Oct 200603,12254.906.01$18,775
Sep 200602,98660.085.04$15,041
Aug 200603,32568.717.34$24,405
Jul 200603,27169.376.34$20,747
Jun 200603,06166.286.38$19,541
May 200603,33366.016.42$21,415
Apr 200603,46864.397.36$25,526
Mar 200603,81156.707.08$26,993
Feb 200603,86957.597.75$29,989
Jan 200604,44860.598.93$39,735
Dec 200505,10054.9413.42$68,419
Nov 200535,63354.6910.59$59,809
Oct 200506,85358.3413.80$94,542
Sep 200506,27461.4512.08$75,784
Aug 200507,96961.519.80$78,071
Jul 200509,92255.697.84$77,825
Jun 2005011,83952.337.38$87,384
May 2005012,78545.226.65$85,035
Apr 200509,98049.207.36$73,458
Mar 200508,20950.377.15$58,734
Feb 200509,96645.226.31$62,905
Jan 2005011,64843.166.32$73,641
Dec 200406,34039.866.75$42,802

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.

Oct 2009 — as filed, then multipliedworked
Condensate             0 bbl  × $ 72.54 =         $0
Gas                1,203 Mcf  × $  4.11 =     $4,945

────────────────────────────────────────────────────
Month total                                   $4,945

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/207225 is the state's own key, not one this site invented.