O'CONNOR RANCH

Operated by MILAGRO EXPLORATION, LLC (P-5 566789) in the OCONNOR RANCH (FRIO CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 212451District 02Field 66710200CondensateGasSave
Value, all time
$6.0 M
Apr 2005 – Sep 2014
Value, last 12 filed months
$298
at the published price for each month
Months reported
114
no gaps in the span
Streams
2
condensate, gas

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$284
GasProduction730,171 Mcf$5,988,430
Total$5,988,714

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 28.5565, -97.3553. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.55651, -97.35533 · 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
4,900 ft
1 wells filed one
Completion to plug
2.7 years
median over 1 wells

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 4,900 ft.

Completions filed
Jan 2012
1 of 1 wells
Plug dates filed
Sep 2014
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

42-1753368334,900 ftJan 2012Sep 2014Yes

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 (114)

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

114 months

Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20143394.734.73$298
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201201,00598.092.73$2,748
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
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 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 2009069246.773.59$2,483
Mar 200906,33342.144.06$25,706
Feb 200905,07632.814.63$23,517
Jan 200906,51435.865.37$34,987
Dec 200806,63437.105.98$39,652
Nov 200803,85855.496.86$26,467
Oct 200806,16875.246.92$42,695
Sep 200805,585101.767.88$43,994
Aug 200808,181114.228.48$69,400
Jul 200809,603131.0811.39$109,373
Jun 200809,983131.3313.03$130,105
May 2008011,031123.1711.57$127,676
Apr 2008011,367110.3110.45$118,840
Mar 2008012,069101.909.66$116,636
Feb 2008010,57492.538.77$92,740
Jan 2008012,41490.388.21$101,866
Dec 2007012,72188.337.30$92,888
Nov 2007013,74191.677.29$100,195
Oct 2007014,76182.856.92$102,175
Sep 2007014,87775.846.24$92,894
Aug 2007014,97469.066.39$95,653
Jul 2007011,58670.906.39$74,011
Jun 2007015,80162.007.55$119,273
May 2007015,63958.747.85$122,708
Apr 2007015,93659.617.81$124,384
Mar 2007016,01856.927.30$116,963
Feb 2007017,26255.108.22$141,825
Jan 2007015,26350.306.73$102,672
Dec 2006016,47456.656.92$113,974
Nov 2006019,40954.207.62$147,848
Oct 2006018,58954.906.01$111,791
Sep 2006014,08360.085.04$70,939
Aug 2006014,88968.717.34$109,284
Jul 2006021,40069.376.34$135,735
Jun 2006021,63566.286.38$138,115
May 2006023,04166.016.42$148,038
Apr 2006018,84164.397.36$138,679
Mar 2006021,57956.707.08$152,842
Feb 2006022,88457.597.75$177,377
Jan 2006024,61160.598.93$219,858
Dec 2005023,84554.9413.42$319,890
Nov 2005023,97554.6910.59$253,857
Oct 2005024,01158.3413.80$331,250
Sep 2005024,10061.4512.08$291,104
Aug 2005025,14361.519.80$246,322
Jul 2005021,84655.697.84$171,352
Jun 2005022,16452.337.38$163,593
May 2005013,76345.226.65$91,540
Apr 200508,22049.207.36$60,503

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 2014 — as filed, then multipliedworked
Condensate             3 bbl  × $ 94.73 =       $284
Gas                    3 Mcf  × $  4.73 =        $14

────────────────────────────────────────────────────
Month total                                     $298

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/212451 is the state's own key, not one this site invented.