O'CONNOR, THOS. "B"

Operated by COPANO COMPANY (P-5 176350) in the TOM OCONNOR (5425 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7327District 02Field 90534650OilCasinghead gasSaveExport
Value, all time
$57 k
Jan 1993 – Aug 1995
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
32
no gaps in the span
Streams
2
oil, casinghead 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 30 leases and 37 wells, and the rule below applies to all of them.

Discovered
1966-04-26
as the register files it
Field class
Oil and 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 08/01/2006.

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
OilDisposition3,555 bbl$56,555
Casinghead gasProduction23,725 Mcf$0
Total$56,555

23,725 Mcf of this lease's gas, across 31 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 28.3095, -97.1996. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.30948, -97.19961 · 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
5,844 ft
1 wells filed one
Completion to plug
5 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 5,844 ft.

Completions filed
Aug 1995
1 of 1 wells
Plug dates filed
Jan 1996
1 of 1 wells

Last completion to plug: a median of 5 months across the 1 well that filed both dates, with the middle half between 5 months and 5 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-39101624B 445,844 ftAug 1995Jan 1996Yes

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 (32)

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

32 months

Aug 19950015.92$0
Jul 19954923215.24$747
Jun 1995502516.41$821
May 19951352417.56$2,371
Apr 19951402517.73$2,482
Mar 19951372416.44$2,252
Feb 199513969816.58$2,305
Jan 199515777415.92$2,499
Dec 199416675815.03$2,495
Nov 199411377315.90$1,797
Oct 199411796915.58$1,823
Sep 199411887015.29$1,804
Aug 199411790416.13$1,887
Jul 19949087717.56$1,580
Jun 19949785817.09$1,658
May 199411490915.88$1,810
Apr 199411291014.14$1,584
Mar 199410486612.46$1,296
Feb 19949579712.50$1,188
Jan 1994941,26612.66$1,190
Dec 199311456812.33$1,406
Nov 19931411,07414.49$2,043
Oct 19931211,23115.85$1,918
Sep 1993381,00115.03$571
Aug 19931201,01115.66$1,879
Jul 199311887815.46$1,824
Jun 199311997616.79$1,998
May 199313397617.68$2,351
Apr 199311590118.05$2,076
Mar 199312090518.14$2,177
Feb 199312380917.90$2,202
Jan 199314983616.93$2,523

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.

Jul 1995 — as filed, then multipliedworked
Oil                   49 bbl  × $ 15.24 =       $747
Casinghead gas       232 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                     $747

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/O/7327 is the state's own key, not one this site invented.