OLDEN-PAULL UNIT

Name: OLDEN-PAULL UNIT lease production and value, Mar 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENERVEST OPERATING, L.L.C. (P-5 252131) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 145451District 03Field 347735502 tax incentive programmesCondensateGasSave Export

Value, all time

$4.6 M

Mar 1993 – Oct 2008

Value, last 12 filed months

$303 k

at the published price for each month

Months reported

188

no gaps in the span

Streams

condensate, gas

The GIDDINGS (AUSTIN CHALK, GAS) field

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 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered

1978-08-01

as the register files it

Field class

Gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: “AMENDED DRILLING PERMITS, NOTICE, OR HEARING.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	2	2	1994-10-26 – 2003-06-13	2 dockets
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	111,685 bbl	$2,184,317
Gas	Production	1,723,388 Mcf	$2,434,252
Total			$4,618,569

1,191,408 Mcf of this lease's gas, across 46 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 30.5972, -96.2440. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.59723, -96.24399 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

15,003 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

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 15,003 ft.

Completions filed

Oct 2008

1 of 1 wells

1 well


42-04131643	1	15,003 ft	Oct 2008	—	Yes

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 (188)

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

188 months


Oct 2008	0	0	75.24	6.92	$0
Sep 2008	72	1,412	101.76	7.88	$18,449
Aug 2008	0	1,608	114.22	8.48	$13,641
Jul 2008	0	612	131.08	11.39	$6,970
Jun 2008	183	2,110	131.33	13.03	$51,532
May 2008	0	2,500	123.17	11.57	$28,936
Apr 2008	0	2,517	110.31	10.45	$26,315
Mar 2008	182	2,587	101.90	9.66	$43,547
Feb 2008	0	2,499	92.53	8.77	$21,918
Jan 2008	181	2,876	90.38	8.21	$39,958
Dec 2007	182	3,082	88.33	7.30	$38,581
Nov 2007	0	1,802	91.67	7.29	$13,140
Oct 2007	145	2,954	82.85	6.92	$32,461
Sep 2007	0	2,802	75.84	6.24	$17,496
Aug 2007	0	3,034	69.06	6.39	$19,381
Jul 2007	181	3,555	70.90	6.39	$35,542
Jun 2007	0	3,513	62.00	7.55	$26,518
May 2007	182	3,517	58.74	7.85	$38,286
Apr 2007	0	3,429	59.61	7.81	$26,764
Mar 2007	179	3,549	56.92	7.30	$36,103
Feb 2007	183	3,505	55.10	8.22	$38,880
Jan 2007	4	4,033	50.30	6.73	$27,331
Dec 2006	189	4,191	56.65	6.92	$39,702
Nov 2006	181	4,238	54.20	7.62	$42,093
Oct 2006	0	4,533	54.90	6.01	$27,261
Sep 2006	365	5,112	60.08	5.04	$47,679
Aug 2006	181	5,191	68.71	7.34	$50,538
Jul 2006	167	5,689	69.37	6.34	$47,669
Jun 2006	161	5,303	66.28	6.38	$44,525
May 2006	179	5,330	66.01	6.42	$46,061
Apr 2006	181	5,080	64.39	7.36	$49,046
Mar 2006	365	5,316	56.70	7.08	$58,348
Feb 2006	233	4,850	57.59	7.75	$51,011
Jan 2006	169	4,911	60.59	8.93	$54,111
Dec 2005	1	4,674	54.94	13.42	$62,759
Nov 2005	183	3,562	54.69	10.59	$47,724
Oct 2005	0	2,392	58.34	13.80	$32,999
Sep 2005	0	2,119	61.45	12.08	$25,595
Aug 2005	158	4,026	61.51	9.80	$49,161
Jul 2005	0	4,624	55.69	7.84	$36,269
Jun 2005	182	4,966	52.33	7.38	$46,178
May 2005	0	4,277	45.22	6.65	$28,447
Apr 2005	181	4,557	49.20	7.36	$42,447
Mar 2005	195	3,881	50.37	7.15	$37,590
Feb 2005	1	4,815	45.22	6.31	$30,437
Jan 2005	183	3,748	43.16	6.32	$31,594
Dec 2004	183	2,296	39.86	6.75	$22,795
Nov 2004	0	3,138	45.28	6.33	$19,865
Oct 2004	182	762	49.70	6.52	$14,010
Sep 2004	190	127	43.24	5.28	$8,887
Aug 2004	0	172	42.37	5.55	$955
Jul 2004	0	167	38.28	6.08	$1,016
Jun 2004	104	419	36.10	6.43	$6,450
May 2004	0	1,020	37.48	6.49	$6,624
Apr 2004	190	1,656	34.47	5.86	$16,251
Mar 2004	190	1,888	34.36	5.53	$16,969
Feb 2004	0	1,583	32.45	5.51	$8,722
Jan 2004	0	1,804	32.03	6.30	$11,365
Dec 2003	189	1,669	30.26	6.30	$16,237
Nov 2003	0	1,995	28.80	4.60	$9,167
Oct 2003	177	668	28.17	4.76	$8,166
Sep 2003	189	329	26.31	4.75	$6,535
Aug 2003	2	516	29.76	5.13	$2,706
Jul 2003	182	444	29.41	5.17	$7,648
Jun 2003	0	613	28.56	5.98	$3,668
May 2003	178	342	26.59	5.97	$6,776
Apr 2003	176	398	26.67	5.41	$6,846
Mar 2003	198	461	31.14	6.10	$8,976
Feb 2003	0	497	33.48	7.93	$3,939
Jan 2003	176	704	30.31	5.58	$9,264
Dec 2002	0	878	26.91	4.85	$4,262
Nov 2002	177	882	24.66	4.14	$8,014
Oct 2002	173	1,086	26.46	4.23	$9,170
Sep 2002	0	728	27.44	3.64	$2,646
Aug 2002	183	1,066	25.96	3.16	$8,124
Jul 2002	187	1,082	24.58	3.06	$7,909
Jun 2002	183	1,889	23.73	3.34	$10,649
May 2002	0	3,157	24.66	3.58	$11,315
Apr 2002	0	2,992	23.65	3.51	$10,509
Mar 2002	176	2,906	22.00	3.10	$12,889
Feb 2002	162	3,149	18.22	2.38	$10,433
Jan 2002	176	3,275	17.17	2.38	$10,802
Dec 2001	151	3,204	16.93	2.36	$10,132
Nov 2001	175	2,776	18.07	2.41	$9,840
Oct 2001	0	3,160	19.78	2.53	$7,991
Sep 2001	182	4,166	24.26	2.25	$13,794
Aug 2001	181	2,664	24.87	3.05	$12,635
Jul 2001	161	2,971	23.93	3.20	$13,351
Jun 2001	161	3,037	24.56	3.82	$15,568
May 2001	179	3,129	25.52	4.31	$18,046
Apr 2001	165	3,194	24.68	5.34	$21,113
Mar 2001	167	3,384	24.54	5.38	$22,292
Feb 2001	169	3,738	27.75	5.77	$26,247
Jan 2001	147	3,794	27.47	8.40	$35,903
Dec 2000	158	3,635	26.88	9.12	$37,407
Nov 2000	171	3,725	32.21	5.66	$26,584
Oct 2000	178	4,570	31.23	5.15	$29,074
Sep 2000	170	4,477	31.87	5.19	$28,638
Aug 2000	162	4,383	29.64	4.54	$24,704
Jul 2000	180	4,571	28.53	4.09	$23,830
Jun 2000	182	4,702	29.30	4.40	$26,008
May 2000	0	4,495	27.26	3.68	$16,540
Apr 2000	351	4,147	24.51	3.12	$21,525
Mar 2000	176	3,993	28.42	2.86	$16,421
Feb 2000	369	4,386	27.62	2.73	$22,150
Jan 2000	178	4,993	25.27	2.48	$16,883
Dec 1999	0	5,340	24.28	2.42	$12,943
Nov 1999	365	5,497	23.19	2.43	$21,844
Oct 1999	0	5,925	20.98	2.80	$16,612
Sep 1999	179	311	21.75	2.62	$4,708
Aug 1999	362	5,942	19.26	2.88	$24,059
Jul 1999	0	6,016	17.89	2.37	$14,272
Jun 1999	361	5,928	15.94	2.36	$19,757
May 1999	0	5,784	15.79	2.32	$13,425
Apr 1999	356	5,210	15.10	2.21	$16,880
Mar 1999	174	6,163	12.47	1.84	$13,499
Feb 1999	363	5,293	9.98	1.82	$13,244
Jan 1999	184	5,969	10.38	1.90	$13,251
Dec 1998	179	6,225	9.20	1.77	$12,686
Nov 1998	181	6,205	10.89	2.19	$15,533
Oct 1998	183	6,177	12.42	1.97	$14,437
Sep 1998	178	5,856	12.59	2.08	$14,437
Aug 1998	507	4,870	11.30	1.91	$15,018
Jul 1998	356	4,396	11.74	2.24	$14,014
Jun 1998	0	4,232	11.24	2.24	$9,468
May 1998	359	4,705	12.62	2.21	$14,911
Apr 1998	179	6,479	13.04	2.51	$18,566
Mar 1998	349	6,997	12.80	2.31	$20,626
Feb 1998	376	6,730	13.95	2.30	$20,718
Jan 1998	182	7,361	14.70	2.15	$18,537
Dec 1997	369	7,616	16.32	2.41	$24,385
Nov 1997	182	7,278	18.19	3.09	$25,787
Oct 1997	538	7,578	19.25	3.15	$34,226
Sep 1997	0	8,245	17.74	2.95	$24,363
Aug 1997	346	8,169	17.86	2.55	$27,049
Jul 1997	531	8,885	17.58	2.25	$29,299
Jun 1997	724	11,526	17.24	2.26	$38,498
May 1997	0	2,617	18.97	2.31	$6,041
Apr 1997	523	7,298	17.88	2.08	$24,551
Mar 1997	361	9,602	18.95	1.94	$25,461
Feb 1997	542	9,903	20.49	2.21	$32,951
Jan 1997	544	6,719	23.48	3.54	$36,556
Dec 1996	367	7,424	23.32	—	$8,558
Nov 1996	364	6,987	21.97	—	$7,997
Oct 1996	356	7,505	23.31	—	$8,298
Sep 1996	356	8,962	22.22	—	$7,910
Aug 1996	539	10,588	20.26	—	$10,920
Jul 1996	358	10,210	19.55	—	$6,999
Jun 1996	354	9,875	18.73	—	$6,630
May 1996	535	6,977	19.43	—	$10,395
Apr 1996	358	6,730	21.51	—	$7,701
Mar 1996	534	9,028	19.38	—	$10,349
Feb 1996	361	8,574	16.98	—	$6,130
Jan 1996	366	9,041	17.07	—	$6,248
Dec 1995	722	10,204	17.19	—	$12,411
Nov 1995	361	14,270	16.00	—	$5,776
Oct 1995	519	14,854	15.43	—	$8,008
Sep 1995	529	16,393	16.18	—	$8,559
Aug 1995	530	17,107	15.92	—	$8,438
Jul 1995	491	16,763	15.24	—	$7,483
Jun 1995	530	17,462	16.41	—	$8,697
May 1995	712	21,588	17.56	—	$12,503
Apr 1995	715	22,128	17.73	—	$12,677
Mar 1995	726	25,454	16.44	—	$11,935
Feb 1995	1,252	30,739	16.58	—	$20,758
Jan 1995	1,072	57,472	15.92	—	$17,066
Dec 1994	342	38,386	15.03	—	$5,140
Nov 1994	729	14,108	15.90	—	$11,591
Oct 1994	1,099	16,704	15.58	—	$17,122
Sep 1994	903	18,375	15.29	—	$13,807
Aug 1994	1,251	14,566	16.13	—	$20,179
Jul 1994	1,223	21,610	17.56	—	$21,476
Jun 1994	1,063	19,691	17.09	—	$18,167
May 1994	1,265	25,332	15.88	—	$20,088
Apr 1994	1,444	25,353	14.14	—	$20,418
Mar 1994	1,786	27,782	12.46	—	$22,254
Feb 1994	1,810	24,912	12.50	—	$22,625
Jan 1994	2,152	29,648	12.66	—	$27,244
Dec 1993	2,536	30,834	12.33	—	$31,269
Nov 1993	2,912	34,163	14.49	—	$42,195
Oct 1993	3,589	37,794	15.85	—	$56,886
Sep 1993	4,118	39,971	15.03	—	$61,894
Aug 1993	4,378	46,425	15.66	—	$68,559
Jul 1993	5,991	66,181	15.46	—	$92,621
Jun 1993	7,785	73,026	16.79	—	$130,710
May 1993	11,598	93,759	17.68	—	$205,053
Apr 1993	17,506	124,917	18.05	—	$315,983
Mar 1993	0	1,536	18.14	—	$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            72 bbl  × $101.76 =     $7,327
Gas                1,412 Mcf  × $  7.88 =    $11,122

────────────────────────────────────────────────────
Month total                                  $18,449

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. 03/G/145451 is the state's own key, not one this site invented.