OHIO-SUN UNIT

Operated by MARATHON OIL COMPANY (P-5 525380) in the MARKHAM N.-BAY CITY, N (EVERETT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151973District 03Field 57578418CondensateGasSaveExport
Value, all time
$135 k
Nov 1994 – Feb 1998
Value, last 12 filed months
$62 k
at the published price for each month
Months reported
40
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1966-01-04
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1978-10-16.

The Commission's schedule remark for this field reads: OPERATING RULES FOR THE RESULTING FIELD.

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
CondensateDisposition3,341 bbl$56,324
GasProduction435,033 Mcf$78,829
Total$135,153

403,847 Mcf of this lease's gas, across 26 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 29.0361, -96.0101. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.03606, -96.01014 · 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
0.0%
0 of 1 wells
Median depth
8,550 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 8,550 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-3213122518F8,550 ftJan 2004Yes

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 (40)

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

40 months

Feb 19980013.952.30$0
Jan 199803,82614.702.15$8,244
Dec 1997451016.322.41$1,295
Nov 1997143,07418.193.09$9,748
Oct 1997221,26319.253.15$4,402
Sep 1997311,98117.742.95$6,404
Aug 1997212,12517.862.55$5,804
Jul 1997281,98117.582.25$4,943
Jun 1997191,51917.242.26$3,756
May 199702,57618.972.31$5,947
Apr 199702,78717.882.08$5,805
Mar 199702,98718.951.94$5,792
Feb 199713,02320.492.21$6,689
Jan 1997153,53423.483.54$12,862
Dec 1996323,71723.32$746
Nov 1996324,73721.97$703
Oct 1996345,40123.31$793
Sep 1996355,45722.22$778
Aug 1996335,63820.26$669
Jul 1996255,68319.55$489
Jun 1996276,39918.73$506
May 1996306,05219.43$583
Apr 1996306,12821.51$645
Mar 1996336,70719.38$640
Feb 1996385,78716.98$645
Jan 1996797,07017.07$1,349
Dec 19953414,50017.19$584
Nov 199510815,40516.00$1,728
Oct 199511818,47115.43$1,821
Sep 199512120,13316.18$1,958
Aug 199528924,10015.92$4,601
Jul 199528425,87115.24$4,328
Jun 199529627,95716.41$4,857
May 199532029,00517.56$5,619
Apr 199529627,86717.73$5,248
Mar 19953430,97116.44$559
Feb 199527929,02916.58$4,626
Jan 199527422,93715.92$4,362
Dec 199425525,66115.03$3,833
Nov 19945023,16415.90$795

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.

Jan 1998 — as filed, then multipliedworked
Condensate             0 bbl  × $ 14.70 =         $0
Gas                3,826 Mcf  × $  2.15 =     $8,244

────────────────────────────────────────────────────
Month total                                   $8,244

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/151973 is the state's own key, not one this site invented.