OLSON, J. O. ET AL

Name: OLSON, J. O. ET AL lease production and value, Mar 2001 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the RUGELEY, SW. (13200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 182592District 03Field 78875585CondensateGasSave Export

Value, all time

$9.7 M

Mar 2001 – Oct 2016

Value, last 12 filed months

at the published price for each month

Months reported

188

no gaps in the span

Streams

condensate, gas

The RUGELEY, SW. (13200) 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1980-10-23

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: “FIELD ADMINISTRTIVELY BALANCED EFF 6/1/04 PER OPERATOR REQUEST”

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	60,941 bbl	$2,858,330
Gas	Production	1,295,366 Mcf	$6,799,583
Total			$9,657,913

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 28.9612, -95.8048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.96121, -95.80476 · 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

100.0%

1 of 1 wells

Median depth

13,750 ft

1 wells filed one

Completion to plug

3.0 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 13,750 ft.

Completions filed

Oct 2013

1 of 1 wells

Plug dates filed

Oct 2016

1 of 1 wells

Last completion to plug: a median of 3.0 years across the 1 well that filed both dates, with the middle half between 3.0 years and 3.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-32131016	3	13,750 ft	Oct 2013	Oct 2016	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 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	167	0	86.77	3.42	$14,491
Nov 2012	185	3,859	86.95	3.62	$30,074
Oct 2012	233	2,390	89.38	3.40	$28,951
Sep 2012	175	3,288	94.67	2.92	$26,163
Aug 2012	59	2,802	92.66	2.91	$13,616
Jul 2012	259	4,287	85.13	3.02	$34,999
Jun 2012	160	4,177	79.82	2.52	$23,293
May 2012	246	4,712	91.61	2.49	$34,261
Apr 2012	192	4,505	101.65	2.00	$28,512
Mar 2012	260	4,438	105.05	2.22	$37,175
Feb 2012	249	4,424	101.10	2.57	$36,545
Jan 2012	230	4,530	98.09	2.73	$34,946
Dec 2011	195	5,012	96.87	3.24	$35,127
Nov 2011	233	5,721	95.72	3.31	$41,247
Oct 2011	276	5,899	84.98	3.65	$44,977
Sep 2011	191	4,963	83.62	3.99	$35,753
Aug 2011	240	6,952	83.40	4.15	$48,862
Jul 2011	190	6,434	94.14	4.52	$46,951
Jun 2011	240	6,228	92.90	4.64	$51,193
May 2011	222	7,005	98.13	4.40	$52,641
Apr 2011	219	3,703	105.96	4.33	$39,251
Mar 2011	261	5,648	96.36	4.06	$48,066
Feb 2011	233	4,265	85.64	4.18	$37,782
Jan 2011	245	5,741	86.50	4.59	$47,537
Dec 2010	239	6,093	85.73	4.35	$46,980
Nov 2010	192	5,770	80.84	3.80	$37,420
Oct 2010	240	6,870	78.10	3.51	$42,850
Sep 2010	271	7,774	72.63	3.98	$50,619
Aug 2010	262	6,938	73.68	4.42	$49,966
Jul 2010	204	6,510	72.55	4.74	$45,635
Jun 2010	255	8,685	70.36	4.91	$60,589
May 2010	206	6,662	71.12	4.24	$42,866
Apr 2010	219	5,570	81.69	4.12	$40,853
Mar 2010	389	8,022	78.39	4.39	$65,700
Feb 2010	392	6,260	73.58	5.44	$62,913
Jan 2010	198	6,878	74.36	5.96	$55,744
Dec 2009	358	5,754	71.44	5.48	$57,129
Nov 2009	172	4,376	74.59	3.75	$29,246
Oct 2009	187	3,883	72.54	4.11	$29,525
Sep 2009	393	3,267	65.54	3.06	$35,770
Aug 2009	0	4,884	67.42	3.22	$15,719
Jul 2009	196	4,959	61.13	3.46	$29,162
Jun 2009	387	5,608	66.16	3.90	$47,447
May 2009	194	6,313	54.74	3.93	$35,403
Apr 2009	386	5,442	46.77	3.59	$37,576
Mar 2009	158	5,127	42.14	4.06	$27,469
Feb 2009	322	4,734	32.81	4.63	$32,497
Jan 2009	162	5,621	35.86	5.37	$36,000
Dec 2008	191	5,543	37.10	5.98	$40,217
Nov 2008	183	5,703	55.49	6.86	$49,279
Oct 2008	183	6,488	75.24	6.92	$58,679
Sep 2008	354	4,986	101.76	7.88	$75,298
Aug 2008	189	6,401	114.22	8.48	$75,887
Jul 2008	347	6,517	131.08	11.39	$119,710
Jun 2008	186	6,427	131.33	13.03	$108,188
May 2008	347	5,939	123.17	11.57	$111,480
Apr 2008	351	6,380	110.31	10.45	$105,421
Mar 2008	181	6,602	101.90	9.66	$82,246
Feb 2008	177	6,716	92.53	8.77	$75,281
Jan 2008	374	6,656	90.38	8.21	$88,419
Dec 2007	172	6,328	88.33	7.30	$61,400
Nov 2007	177	6,715	91.67	7.29	$65,189
Oct 2007	365	6,077	82.85	6.92	$72,305
Sep 2007	183	6,458	75.84	6.24	$54,204
Aug 2007	347	7,024	69.06	6.39	$68,833
Jul 2007	174	6,873	70.90	6.39	$56,241
Jun 2007	169	7,306	62.00	7.55	$65,627
May 2007	533	5,577	58.74	7.85	$75,067
Apr 2007	172	6,571	59.61	7.81	$61,541
Mar 2007	357	6,474	56.92	7.30	$67,593
Feb 2007	361	5,541	55.10	8.22	$65,416
Jan 2007	182	5,907	50.30	6.73	$48,890
Dec 2006	182	6,997	56.65	6.92	$58,719
Nov 2006	357	6,966	54.20	7.62	$72,413
Oct 2006	183	6,962	54.90	6.01	$51,915
Sep 2006	350	7,424	60.08	5.04	$58,424
Aug 2006	173	6,452	68.71	7.34	$59,244
Jul 2006	350	6,926	69.37	6.34	$68,209
Jun 2006	359	6,715	66.28	6.38	$66,662
May 2006	529	7,163	66.01	6.42	$80,942
Apr 2006	359	7,163	64.39	7.36	$75,839
Mar 2006	0	7,191	56.70	7.08	$50,933
Feb 2006	633	6,673	57.59	7.75	$88,178
Jan 2006	545	8,901	60.59	8.93	$112,537
Dec 2005	0	7,525	54.94	13.42	$100,951
Nov 2005	550	8,846	54.69	10.59	$123,744
Oct 2005	518	8,186	58.34	13.80	$143,152
Sep 2005	524	6,927	61.45	12.08	$115,871
Aug 2005	458	8,631	61.51	9.80	$112,728
Jul 2005	414	8,857	55.69	7.84	$92,527
Jun 2005	520	8,489	52.33	7.38	$89,869
May 2005	463	9,077	45.22	6.65	$81,309
Apr 2005	413	9,466	49.20	7.36	$89,994
Mar 2005	534	10,990	50.37	7.15	$105,530
Feb 2005	624	12,266	45.22	6.31	$105,639
Jan 2005	468	17,016	43.16	6.32	$127,777
Dec 2004	0	990	39.86	6.75	$6,684
Nov 2004	467	6,803	45.28	6.33	$64,212
Oct 2004	460	8,278	49.70	6.52	$76,794
Sep 2004	532	8,125	43.24	5.28	$65,935
Aug 2004	587	8,335	42.37	5.55	$71,136
Jul 2004	784	10,741	38.28	6.08	$95,362
Jun 2004	0	9,311	36.10	6.43	$59,898
May 2004	875	10,192	37.48	6.49	$98,988
Apr 2004	432	11,243	34.47	5.86	$80,758
Mar 2004	443	9,005	34.36	5.53	$65,020
Feb 2004	348	10,197	32.45	5.51	$67,474
Jan 2004	464	10,028	32.03	6.30	$78,035
Dec 2003	533	11,056	30.26	6.30	$85,800
Nov 2003	396	10,042	28.80	4.60	$57,549
Oct 2003	460	8,458	28.17	4.76	$53,215
Sep 2003	870	10,508	26.31	4.75	$72,796
Aug 2003	463	10,576	29.76	5.13	$68,031
Jul 2003	821	11,440	29.41	5.17	$83,300
Jun 2003	466	11,505	28.56	5.98	$82,143
May 2003	777	12,161	26.59	5.97	$93,294
Apr 2003	687	14,731	26.67	5.41	$97,977
Mar 2003	229	11,977	31.14	6.10	$80,143
Feb 2003	396	11,345	33.48	7.93	$103,177
Jan 2003	883	12,305	30.31	5.58	$95,451
Dec 2002	438	12,929	26.91	4.85	$74,541
Nov 2002	434	14,209	24.66	4.14	$69,485
Oct 2002	799	13,849	26.46	4.23	$79,711
Sep 2002	701	12,187	27.44	3.64	$63,538
Aug 2002	369	14,188	25.96	3.16	$54,472
Jul 2002	339	12,757	24.58	3.06	$47,391
Jun 2002	887	15,134	23.73	3.34	$71,569
May 2002	357	16,944	24.66	3.58	$69,531
Apr 2002	726	16,433	23.65	3.51	$74,888
Mar 2002	730	17,176	22.00	3.10	$69,352
Feb 2002	730	15,545	18.22	2.38	$50,231
Jan 2002	363	18,058	17.17	2.38	$49,133
Dec 2001	894	18,891	16.93	2.36	$59,801
Nov 2001	745	17,436	18.07	2.41	$55,405
Oct 2001	1,100	23,262	19.78	2.53	$80,585
Sep 2001	1,283	24,759	24.26	2.25	$86,866
Aug 2001	1,070	27,604	24.87	3.05	$110,890
Jul 2001	1,818	37,202	23.93	3.20	$162,443
Jun 2001	2,176	36,168	24.56	3.82	$191,755
May 2001	2,727	37,440	25.52	4.31	$230,859
Apr 2001	2,554	33,869	24.68	5.34	$243,735
Mar 2001	425	13,973	24.54	5.38	$85,555

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 2012 — as filed, then multipliedworked

Condensate           167 bbl  × $ 86.77 =    $14,491
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                  $14,491

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/182592 is the state's own key, not one this site invented.