LOUISE O'CONNOR -A-

Operated by T - C OIL COMPANY (P-5 833850) in the ANAQUA (2650) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 232918District 02Field 02503333GasSaveExport
Value, all time
$3.7 M
Dec 2007 – Nov 2008
Value, last 12 filed months
$3.7 M
at the published price for each month
Months reported
12
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1958-04-01
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: AOF-1 AND AOF-2 EFFECTIVE 04/01/2008.

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
GasProduction437,081 Mcf$3,721,102
Total$3,721,102

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 28.5737, -97.0629. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57371, -97.06290 · 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
4,000 ft
1 wells filed one
Completion to plug
12 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 4,000 ft.

Completions filed
Dec 2007
1 of 1 wells
Plug dates filed
Dec 2008
1 of 1 wells

Last completion to plug: a median of 12 months across the 1 well that filed both dates, with the middle half between 12 months and 12 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4693407114,000 ftDec 2007Dec 2008Yes

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 (12)

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

12 months

Nov 2008055.496.86$0
Oct 200843975.246.92$3,039
Sep 20082,211101.767.88$17,416
Aug 20083,452114.228.48$29,283
Jul 20085,580131.0811.39$63,553
Jun 20083,724131.3313.03$48,534
May 20083,172123.1711.57$36,714
Apr 20087,669110.3110.45$80,178
Mar 200842,480101.909.66$410,530
Feb 2008136,11592.538.77$1,193,808
Jan 2008157,39390.388.21$1,291,524
Dec 200774,84688.337.30$546,523

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 2008 — as filed, then multipliedworked
Gas                  439 Mcf  × $  6.92 =     $3,039

────────────────────────────────────────────────────
Month total                                   $3,039

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/232918 is the state's own key, not one this site invented.