O'CONNOR, M.V. ESTATE "C"

Operated by CHARRO OPERATING, L.L.C. (P-5 146621) in the TRAIN WRECK (5500) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242790District 02Field 90915750CondensateGasSaveExport
Value, all time
$607 k
Sep 2008 – Jan 2011
Value, last 12 filed months
$66 k
at the published price for each month
Months reported
29
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 4 leases and 4 wells, and the rule below applies to all of them.

Discovered
1994-11-07
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

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
CondensateDisposition685 bbl$46,537
GasProduction105,515 Mcf$560,958
Total$607,495

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 28.4205, -97.2384. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42050, -97.23842 · 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
6,509 ft
1 wells filed one
Completion to plug
2.1 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 6,509 ft.

Completions filed
Sep 2008
1 of 1 wells
Plug dates filed
Oct 2010
1 of 1 wells

Last completion to plug: a median of 2.1 years across the 1 well that filed both dates, with the middle half between 2.1 years and 2.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3913286276,509 ftSep 2008Oct 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 (29)

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

29 months

Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201055080.843.80$4,446
Oct 20100078.103.51$0
Sep 2010133072.633.98$9,660
Aug 20100073.684.42$0
Jul 201002172.554.74$99
Jun 2010010770.364.91$525
May 201017548771.124.24$14,509
Apr 201001,58481.694.12$6,530
Mar 20101771,31878.394.39$19,659
Feb 201001,97073.585.44$10,721
Jan 201002,70774.365.96$16,145
Dec 200902,72571.445.48$14,943
Nov 200902,76074.593.75$10,354
Oct 200902,87472.544.11$11,813
Sep 200903,31565.543.06$10,160
Aug 200903,22867.423.22$10,389
Jul 2009093361.133.46$3,232
Jun 2009085366.163.90$3,322
May 2009027954.743.93$1,095
Apr 200906,99246.773.59$25,084
Mar 20091457,66742.144.06$37,231
Feb 2009011,79232.814.63$54,632
Jan 2009011,25335.865.37$60,440
Dec 2008012,41337.105.98$74,194
Nov 2008016,06655.496.86$110,219
Oct 2008014,17175.246.92$98,091
Sep 200800101.767.88$0

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.

Nov 2010 — as filed, then multipliedworked
Condensate            55 bbl  × $ 80.84 =     $4,446
Gas                    0 Mcf  × $  3.80 =         $0

────────────────────────────────────────────────────
Month total                                   $4,446

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/242790 is the state's own key, not one this site invented.