OCONNOR, L. W. ESTATE -A-

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the LIVE OAK LAKE (CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 38015District 02Field 54144025CondensateGasSaveExport
Value, all time
$226 k
Jan 1993 – Feb 2005
Value, last 12 filed months
$51 k
at the published price for each month
Months reported
145
1 month not filed
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 80 leases and 80 wells, and the rule below applies to all of them.

Discovered
1989-05-01
as the register files it
Field class
Oil and 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 40 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 37 DEPARTMENT FOR APPROVAL.

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
CondensateDisposition30 bbl$974
GasProduction209,484 Mcf$224,916
Total$225,889

150,976 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 28.5773, -97.2756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.57731, -97.27557 · 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
5,350 ft
1 wells filed one
Completion to plug
5.7 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 5,350 ft.

Completions filed
Dec 2004
1 of 1 wells
Plug dates filed
Aug 2010
1 of 1 wells

Last completion to plug: a median of 5.7 years across the 1 well that filed both dates, with the middle half between 5.7 years and 5.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-17501863125,350 ftDec 2004Aug 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 (145)

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

145 months

Feb 20050045.226.31$0
Dec 2004065239.866.75$4,402
Nov 2004037145.286.33$2,349
Oct 2004054749.706.52$3,564
Sep 2004044843.245.28$2,367
Aug 2004056842.375.55$3,153
Jul 2004069538.286.08$4,229
Jun 2004080136.106.43$5,153
May 2004060737.486.49$3,942
Apr 200401,06134.475.86$6,216
Mar 200401,34834.365.53$7,455
Feb 2004301,33932.455.51$8,351
Jan 200401,16032.036.30$7,308
Dec 200301,48430.266.30$9,352
Nov 200301,37528.804.60$6,318
Oct 2003075428.174.76$3,589
Sep 2003071926.314.75$3,415
Aug 2003075629.765.13$3,878
Jul 2003057929.415.17$2,994
Jun 2003057928.565.98$3,464
May 2003055826.595.97$3,333
Apr 2003062526.675.41$3,380
Mar 2003049131.146.10$2,993
Feb 2003039833.487.93$3,155
Jan 2003037230.315.58$2,077
Dec 2002043626.914.85$2,116
Nov 2002031424.664.14$1,299
Oct 2002016726.464.23$706
Sep 2002017427.443.64$633
Aug 2002016225.963.16$513
Jul 2002011924.583.06$364
Jun 2002015723.733.34$524
May 2002010924.663.58$391
Apr 2002016823.653.51$590
Mar 2002017222.003.10$534
Feb 2002014118.222.38$335
Jan 2002017817.172.38$423
Dec 2001016116.932.36$381
Nov 2001014418.072.41$346
Oct 2001024219.782.53$612
Sep 2001017024.262.25$383
Aug 2001019024.873.05$580
Jul 2001024823.933.20$793
Jun 2001022524.563.82$860
May 2001049125.524.31$2,115
Apr 2001040424.685.34$2,155
Mar 2001061424.545.38$3,301
Feb 2001045427.755.77$2,618
Jan 2001061727.478.40$5,182
Dec 2000058826.889.12$5,364
Nov 2000042632.215.66$2,410
Oct 2000048031.235.15$2,470
Sep 2000053031.875.19$2,749
Aug 2000040629.644.54$1,844
Jul 2000055728.534.09$2,278
Jun 2000054129.304.40$2,379
May 2000058727.263.68$2,160
Apr 2000048124.513.12$1,499
Mar 2000029128.422.86$832
Feb 2000065327.622.73$1,780
Jan 2000020425.272.48$506
Dec 1999024624.282.42$596
Nov 1999025623.192.43$623
Oct 1999068820.982.80$1,929
Sep 1999054921.752.62$1,438
Aug 1999062419.262.88$1,794
Jul 1999052017.892.37$1,234
Jun 1999046815.942.36$1,105
May 1999066115.792.32$1,534
Apr 1999049715.102.21$1,097
Mar 1999086712.471.84$1,594
Feb 199907089.981.82$1,287
Jan 1999077610.381.90$1,474
Dec 199801,3349.201.77$2,366
Nov 199801,07410.892.19$2,347
Oct 1998049312.421.97$971
Sep 1998092412.592.08$1,924
Aug 1998081211.301.91$1,549
Jul 1998063811.742.24$1,427
Jun 1998028111.242.24$629
May 1998045112.622.21$995
Apr 1998083913.042.51$2,102
Mar 199801,08712.802.31$2,510
Feb 1998091213.952.30$2,097
Jan 1998060914.702.15$1,312
Dec 1997067116.322.41$1,618
Nov 1997041018.193.09$1,266
Oct 1997082219.253.15$2,589
Sep 1997056617.742.95$1,672
Aug 199701,13017.862.55$2,887
Jul 199701,43017.582.25$3,213
Jun 1997071717.242.26$1,618
May 199701,05318.972.31$2,431
Apr 199701,01617.882.08$2,116
Mar 199701,47518.951.94$2,860
Feb 199701,52620.492.21$3,366
Jan 199701,09023.483.54$3,858
Dec 1996094023.32$0
Nov 199601,38021.97$0
Oct 199601,59523.31$0
Sep 199602,10222.22$0
Aug 199602,19120.26$0
Jul 19960019.55$0
Jun 1996074818.73$0
May 199601,64319.43$0
Apr 199601,52421.51$0
Mar 199601,62219.38$0
Feb 199601,51516.98$0
Jan 199601,51717.07$0
Dec 199501,77817.19$0
Nov 199501,55016.00$0
Oct 199502,05515.43$0
Sep 199502,01416.18$0
Aug 199502,24715.92$0
Jul 199502,33215.24$0
Jun 199502,53816.41$0
May 199502,91817.56$0
Apr 199503,93117.73$0
Mar 199503,37416.44$0
Feb 199504,85316.58$0
Jan 199507,51515.92$0
Dec 199407,49915.03$0
Nov 199407,37215.90$0
Oct 199405,70015.58$0
Sep 199405,70615.29$0
Aug 199406,17116.13$0
Jul 199407,17217.56$0
Jun 199405,60117.09$0
May 199406,55615.88$0
Apr 1994090614.14$0
Mar 199402,53912.46$0
Feb 199401,79512.50$0
Jan 199402,56212.66$0
Dec 199303,37012.33$0
Nov 199302,47214.49$0
Oct 199302,98815.85$0
Sep 199305,05315.03$0
Aug 199302,98415.66$0
Jul 199303,19415.46$0
Jun 199303,02416.79$0
May 199303,27317.68$0
Apr 199302,69418.05$0
Mar 199303,37018.14$0
Feb 199302,28617.90$0
Jan 199302,80716.93$0

Not filed, and not zero: Jan 2005. The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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.

Dec 2004 — as filed, then multipliedworked
Condensate             0 bbl  × $ 39.86 =         $0
Gas                  652 Mcf  × $  6.75 =     $4,402

────────────────────────────────────────────────────
Month total                                   $4,402

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/38015 is the state's own key, not one this site invented.