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 71159District 02Field 54144025NGPA filingCondensateGasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jul 2010
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
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 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition313 bbl$17,719
GasProduction265,235 Mcf$1,089,503
Total$1,107,222

107,085 Mcf of this lease's gas, across 48 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 28.5690, -97.2732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.56896, -97.27319 · 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
5,300 ft
1 wells filed one
Completion to plug
no well filed both dates

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 5,300 ft.

Plug dates filed
Jul 2010
1 of 1 wells

1 well

42-17530572655,300 ftJul 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 (211)

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

211 months

Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200802,993101.767.88$23,576
Aug 200804,410114.228.48$37,410
Jul 200807,451131.0811.39$84,863
Jun 200807,674131.3313.03$100,012
May 200806,513123.1711.57$75,383
Apr 200806,865110.3110.45$71,773
Mar 200807,077101.909.66$68,393
Feb 200806,71392.538.77$58,877
Jan 200807,53290.388.21$61,806
Dec 200706,33088.337.30$46,221
Nov 200706,33291.677.29$46,171
Oct 2007010,47382.856.92$72,494
Sep 200706,42075.846.24$40,088
Aug 2007013169.066.39$837
Jul 2007017670.906.39$1,124
Jun 2007021262.007.55$1,600
May 2007022758.747.85$1,781
Apr 2007019159.617.81$1,491
Mar 2007024856.927.30$1,811
Feb 2007025155.108.22$2,062
Jan 20078225250.306.73$5,820
Dec 2006824956.656.92$2,176
Nov 20063525254.207.62$3,817
Oct 20062326754.906.01$2,868
Sep 20061826560.085.04$2,416
Aug 20062629068.717.34$3,915
Jul 2006030569.376.34$1,935
Jun 2006034466.286.38$2,196
May 2006033966.016.42$2,178
Apr 20061436264.397.36$3,566
Mar 20065534556.707.08$5,562
Feb 20061938157.597.75$4,047
Jan 20063342860.598.93$5,823
Dec 2005051754.9413.42$6,936
Nov 2005073654.6910.59$7,793
Oct 2005058558.3413.80$8,071
Sep 2005046661.4512.08$5,629
Aug 2005058061.519.80$5,682
Jul 2005080455.697.84$6,306
Jun 2005094452.337.38$6,968
May 2005098345.226.65$6,538
Apr 2005086449.207.36$6,359
Mar 2005064850.377.15$4,636
Feb 2005061845.226.31$3,901
Jan 2005058143.166.32$3,673
Dec 2004071339.866.75$4,814
Nov 2004030445.286.33$1,924
Oct 2004048149.706.52$3,134
Sep 2004039643.245.28$2,092
Aug 20040742.375.55$39
Jul 2004068138.286.08$4,143
Jun 2004070136.106.43$4,510
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200308126.675.41$438
Mar 2003018231.146.10$1,109
Feb 2003018633.487.93$1,474
Jan 2003018630.315.58$1,038
Dec 2002021826.914.85$1,058
Nov 2002017924.664.14$741
Oct 2002036226.464.23$1,531
Sep 2002044227.443.64$1,607
Aug 2002048525.963.16$1,535
Jul 2002050924.583.06$1,558
Jun 2002078223.733.34$2,611
May 2002082224.663.58$2,946
Apr 2002084323.653.51$2,961
Mar 2002086022.003.10$2,668
Feb 2002070518.222.38$1,675
Jan 2002068817.172.38$1,634
Dec 2001074116.932.36$1,752
Nov 2001052118.072.41$1,253
Oct 2001054419.782.53$1,376
Sep 2001059024.262.25$1,328
Aug 2001069824.873.05$2,131
Jul 2001074523.933.20$2,382
Jun 2001054424.563.82$2,080
May 2001077825.524.31$3,351
Apr 2001061024.685.34$3,255
Mar 2001095824.545.38$5,151
Feb 2001068727.755.77$3,962
Jan 2001093427.478.40$7,844
Dec 2000088126.889.12$8,037
Nov 2000063832.215.66$3,610
Oct 2000071631.235.15$3,684
Sep 2000076431.875.19$3,962
Aug 2000060829.644.54$2,761
Jul 2000071128.534.09$2,908
Jun 2000069929.304.40$3,074
May 2000072127.263.68$2,653
Apr 2000061824.513.12$1,926
Mar 2000033228.422.86$949
Feb 2000086427.622.73$2,356
Jan 2000041325.272.48$1,024
Dec 1999031824.282.42$771
Nov 199901,15223.192.43$2,804
Oct 199901,44720.982.80$4,057
Sep 199901,42921.752.62$3,742
Aug 199901,58519.262.88$4,558
Jul 199901,19817.892.37$2,842
Jun 199901,32815.942.36$3,137
May 199902,21015.792.32$5,129
Apr 199901,70715.102.21$3,769
Mar 19990012.471.84$0
Feb 199901,7499.981.82$3,179
Jan 199901,56810.381.90$2,979
Dec 199801,8429.201.77$3,266
Nov 19980010.892.19$0
Oct 1998043912.421.97$864
Sep 1998077712.592.08$1,618
Aug 199805911.301.91$113
Jul 1998078211.742.24$1,750
Jun 1998015211.242.24$340
May 1998022812.622.21$503
Apr 1998049813.042.51$1,248
Mar 1998057412.802.31$1,326
Feb 199809813.952.30$225
Jan 1998027114.702.15$584
Dec 1997034016.322.41$820
Nov 1997019918.193.09$615
Oct 1997040019.253.15$1,260
Sep 1997022817.742.95$674
Aug 1997054617.862.55$1,395
Jul 1997085417.582.25$1,919
Jun 1997025317.242.26$571
May 199701,24418.972.31$2,872
Apr 199701,85317.882.08$3,859
Mar 1997095318.951.94$1,848
Feb 199701,15620.492.21$2,550
Jan 1997096123.483.54$3,402
Dec 1996086923.32$0
Nov 1996085521.97$0
Oct 1996098123.31$0
Sep 199601,35622.22$0
Aug 199601,56520.26$0
Jul 199601,90419.55$0
Jun 199601,02218.73$0
May 199602,06219.43$0
Apr 199601,89521.51$0
Mar 199601,27219.38$0
Feb 199601,18616.98$0
Jan 199601,08217.07$0
Dec 199501,31017.19$0
Nov 199501,13916.00$0
Oct 199501,20515.43$0
Sep 199501,00216.18$0
Aug 1995098115.92$0
Jul 1995084015.24$0
Jun 1995087616.41$0
May 199501,26617.56$0
Apr 199501,06417.73$0
Mar 199501,28316.44$0
Feb 199501,51116.58$0
Jan 199501,74115.92$0
Dec 199402,79215.03$0
Nov 199403,32515.90$0
Oct 199402,72915.58$0
Sep 199402,72115.29$0
Aug 199403,42416.13$0
Jul 199403,43217.56$0
Jun 199403,01717.09$0
May 199402,72915.88$0
Apr 199403,29614.14$0
Mar 199402,78412.46$0
Feb 199403,02512.50$0
Jan 199403,29512.66$0
Dec 199302,05812.33$0
Nov 199303,37514.49$0
Oct 199302,37915.85$0
Sep 199303,16015.03$0
Aug 199303,20815.66$0
Jul 199304,59615.46$0
Jun 199302,59916.79$0
May 199304,04417.68$0
Apr 199303,13518.05$0
Mar 199304,98018.14$0
Feb 199303,70617.90$0
Jan 199303,00916.93$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.

Sep 2008 — as filed, then multipliedworked
Condensate             0 bbl  × $101.76 =         $0
Gas                2,993 Mcf  × $  7.88 =    $23,576

────────────────────────────────────────────────────
Month total                                  $23,576

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/71159 is the state's own key, not one this site invented.