O'CONNOR -D-

Operated by T-C OIL COMPANY, LLC (P-5 833782) in the LAKE PASTURE (E-244) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 255431District 02Field 51512047GasSaveExport
Value, all time
$301 k
Feb 2010 – Sep 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
116
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1979-05-17
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 2006-12-01.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 12/01/2006.

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
GasProduction82,936 Mcf$301,499
Total$301,499

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 28.4200, -97.0347. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.42005, -97.03473 · 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
3,908 ft
1 wells filed one
Completion to plug
9.6 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 3,908 ft.

Completions filed
Feb 2010
1 of 1 wells
Plug dates filed
Sep 2019
1 of 1 wells

Last completion to plug: a median of 9.6 years across the 1 well that filed both dates, with the middle half between 9.6 years and 9.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39132728D 373,908 ftFeb 2010Sep 2019Yes

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 (116)

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

116 months

Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 201675346.193.09$2,327
Sep 201693141.553.10$2,887
Aug 201698341.442.92$2,875
Jul 201698241.622.92$2,872
Jun 201698345.352.69$2,640
May 201697742.521.99$1,945
Apr 2016036.561.99$0
Mar 201630733.011.79$551
Feb 201690326.472.06$1,863
Jan 201695927.352.36$2,267
Dec 201595532.362.00$1,911
Nov 201595038.792.17$2,059
Oct 201595143.552.43$2,308
Sep 201596842.992.76$2,670
Aug 20151,01640.162.87$2,918
Jul 2015048.152.95$0
Jun 20151,05556.152.88$3,041
May 20151,15955.212.96$3,425
Apr 201591349.822.71$2,471
Mar 20151,08442.892.93$3,181
Feb 20151,02744.662.98$3,057
Jan 20151,29243.433.10$4,006
Dec 20141,02854.693.59$3,692
Nov 20141,05570.464.25$4,486
Oct 20141,16678.303.90$4,549
Sep 20141,17286.164.05$4,741
Aug 20141,29689.394.04$5,230
Jul 20141,01896.564.18$4,255
Jun 20141,19798.164.74$5,670
May 20141,23894.734.73$5,851
Apr 20141,20695.944.81$5,800
Mar 20141,26795.895.06$6,407
Feb 20141,13397.406.19$7,016
Jan 20141,21290.404.86$5,891
Dec 20131,22491.824.35$5,330
Nov 20131,17788.853.74$4,400
Oct 20131,28097.423.78$4,838
Sep 20131,281104.113.72$4,762
Aug 20131,407104.253.52$4,956
Jul 20131,457102.523.72$5,417
Jun 20131,44994.403.93$5,700
May 201310094.834.15$415
Apr 20131,34293.964.28$5,747
Mar 20131,35093.623.91$5,282
Feb 2013091.233.42$0
Jan 20131,41191.603.42$4,825
Dec 20121,28286.773.42$4,385
Nov 20121,44086.953.62$5,220
Oct 20121,46989.383.40$4,994
Sep 20121,41394.672.92$4,124
Aug 20121,15092.662.91$3,344
Jul 20121,04985.133.02$3,169
Jun 201299879.822.52$2,514
May 20121,05591.612.49$2,625
Apr 2012961101.652.00$1,919
Mar 2012991105.052.22$2,202
Feb 2012816101.102.57$2,097
Jan 201298498.092.73$2,690
Dec 20111,04796.873.24$3,392
Nov 201193995.723.31$3,109
Oct 201199584.983.65$3,630
Sep 20111,02883.623.99$4,097
Aug 20111,08383.404.15$4,494
Jul 20111,06294.144.52$4,797
Jun 201196892.904.64$4,491
May 201198798.134.40$4,348
Apr 20111,017105.964.33$4,407
Mar 201191896.364.06$3,725
Feb 201186585.644.18$3,616
Jan 201185186.504.59$3,905
Dec 201085285.734.35$3,704
Nov 201061480.843.80$2,330
Oct 201068578.103.51$2,404
Sep 201092972.633.98$3,697
Aug 20101,00473.684.42$4,437
Jul 20101,06772.554.74$5,054
Jun 20101,17570.364.91$5,770
May 20101,29671.124.24$5,489
Apr 20101,38881.694.12$5,722
Mar 20101,44078.394.39$6,320
Feb 201050473.585.44$2,743

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 2016 — as filed, then multipliedworked
Gas                  753 Mcf  × $  3.09 =     $2,327

────────────────────────────────────────────────────
Month total                                   $2,327

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/255431 is the state's own key, not one this site invented.