T-C OIL CO.-O'CONNOR

Operated by T - C OIL COMPANY (P-5 833850) in the LAKE PASTURE (H-434) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 227776District 02Field 51512902GasSaveExport
Value, all time
$1.1 M
Apr 2007 – May 2011
Value, last 12 filed months
$175 k
at the published price for each month
Months reported
50
no gaps in the span
Streams
1
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 86 leases and 210 wells, and the rule below applies to all of them.

Discovered
1971-02-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2004-08-12.

The Commission's schedule remark for this field reads: NEED P-15, NO PLAT FOR ENTITY FOR DENSITY.

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
GasProduction177,506 Mcf$1,076,306
Total$1,076,306

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 28.4264, -97.0641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42636, -97.06408 · 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
5,945 ft
1 wells filed one
Completion to plug
6 months
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 5,945 ft.

Completions filed
May 2011
1 of 1 wells
Plug dates filed
Nov 2011
1 of 1 wells

Last completion to plug: a median of 6 months across the 1 well that filed both dates, with the middle half between 6 months and 6 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3916000725,945 ftMay 2011Nov 2011Yes

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 (50)

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

50 months

May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 20112,22386.504.59$10,201
Dec 20103,51885.734.35$15,295
Nov 20106,85780.843.80$26,025
Oct 20105,20478.103.51$18,260
Sep 20101,04972.633.98$4,174
Aug 20107,14973.684.42$31,594
Jul 20107,22072.554.74$34,197
Jun 20107,13270.364.91$35,021
May 20104,64171.124.24$19,656
Apr 20106,05381.694.12$24,955
Mar 20105,78678.394.39$25,393
Feb 20107,75473.585.44$42,200
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 20095,29665.543.06$16,231
Aug 20091,48567.423.22$4,779
Jul 20093,50861.133.46$12,153
Jun 20093,50566.163.90$13,652
May 20094,16454.743.93$16,347
Apr 20093,52746.773.59$12,653
Mar 20094,73042.144.06$19,199
Feb 20092,66332.814.63$12,338
Jan 20095,08135.865.37$27,290
Dec 20081,29637.105.98$7,746
Nov 20082,28255.496.86$15,655
Oct 20083,97675.246.92$27,522
Sep 20082,175101.767.88$17,133
Aug 20082,023114.228.48$17,161
Jul 20082,448131.0811.39$27,881
Jun 20084,420131.3313.03$57,604
May 20084,524123.1711.57$52,362
Apr 20083,166110.3110.45$33,100
Mar 20083,869101.909.66$37,390
Feb 20085,13892.538.77$45,063
Jan 20082,94190.388.21$24,133
Dec 20072,76488.337.30$20,183
Nov 20073,78591.677.29$27,599
Oct 20074,29582.856.92$29,730
Sep 20072,51175.846.24$15,679
Aug 20072,94769.066.39$18,825
Jul 20076,36570.906.39$40,659
Jun 20077,31562.007.55$55,217
May 20078,99258.747.85$70,554
Apr 20071,72959.617.81$13,495

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.

Jan 2011 — as filed, then multipliedworked
Gas                2,223 Mcf  × $  4.59 =    $10,201

────────────────────────────────────────────────────
Month total                                  $10,201

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/227776 is the state's own key, not one this site invented.