MARTIN O'CONNOR-E-

Operated by T-C OIL COMPANY, LLC (P-5 833782) in the TIVOLI (GRETA SECOND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225443District 02Field 90240750CondensateGasSaveExport
Value, all time
$4.2 M
Jan 2007 – May 2012
Value, last 12 filed months
$362 k
at the published price for each month
Months reported
65
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1952-05-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition4,143 bbl$330,470
GasProduction660,694 Mcf$3,911,273
Total$4,241,743

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 28.4432, -96.9264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.44321, -96.92642 · 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
6,488 ft
1 wells filed one
Completion to plug
5.2 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 6,488 ft.

Completions filed
Jan 2007
1 of 1 wells
Plug dates filed
Mar 2012
1 of 1 wells

Last completion to plug: a median of 5.2 years across the 1 well that filed both dates, with the middle half between 5.2 years and 5.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3913273216,488 ftJan 2007Mar 2012Yes

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 (65)

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

65 months

May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012470105.052.22$4,937
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 2011175695.723.31$16,771
Oct 2011013,16784.983.65$48,040
Sep 2011014,39883.623.99$57,388
Aug 201117415,34083.404.15$78,162
Jul 2011015,48994.144.52$69,968
Jun 201117715,23892.904.64$87,146
May 2011017,08398.134.40$75,248
Apr 201116316,878105.964.33$90,409
Mar 20118817,16696.364.06$78,128
Feb 201117215,15885.644.18$78,090
Jan 2011013,68086.504.59$62,775
Dec 201018113,48485.734.35$74,142
Nov 2010013,22780.843.80$50,201
Oct 201014813,97378.103.51$60,589
Sep 2010012,89772.633.98$51,323
Aug 201017312,63673.684.42$68,590
Jul 2010012,06672.554.74$57,150
Jun 201017810,34470.364.91$63,317
May 2010010,53171.124.24$44,601
Apr 2010010,25581.694.12$42,278
Mar 201018211,10778.394.39$63,012
Feb 2010011,17373.585.44$60,807
Jan 2010011,50074.365.96$68,587
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200917610,65867.423.22$46,169
Jul 200909,76761.133.46$33,838
Jun 200917010,78766.163.90$53,263
May 2009011,85054.743.93$46,520
Apr 200909,70646.773.59$34,820
Mar 200917512,02542.144.06$56,184
Feb 200909,71132.814.63$44,991
Jan 200917911,10035.865.37$66,037
Dec 2008012,34537.105.98$73,788
Nov 200815712,38355.496.86$93,664
Oct 2008013,22075.246.92$91,509
Sep 200817011,713101.767.88$109,564
Aug 2008013,111114.228.48$111,221
Jul 2008011,249131.0811.39$128,120
Jun 200813013,161131.3313.03$188,595
May 2008011,584123.1711.57$134,077
Apr 200816012,295110.3110.45$146,192
Mar 2008012,474101.909.66$120,550
Feb 200817611,09592.538.77$113,595
Jan 200812411,35090.388.21$104,342
Dec 2007012,89788.337.30$94,174
Nov 2007010,60991.677.29$77,358
Oct 200716211,19782.856.92$90,927
Sep 2007011,43075.846.24$71,371
Aug 200717111,89469.066.39$87,787
Jul 2007012,35670.906.39$78,929
Jun 200716712,36262.007.55$103,668
May 2007012,37558.747.85$97,098
Apr 20071689,79459.617.81$86,459
Mar 2007011,38756.927.30$83,148
Feb 200709,67955.108.22$79,523
Jan 200706,33450.306.73$42,608

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.

Mar 2012 — as filed, then multipliedworked
Condensate            47 bbl  × $105.05 =     $4,937
Gas                    0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                   $4,937

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/225443 is the state's own key, not one this site invented.