IVY, JOHN UNIT

Operated by OSBORN,W.B. OIL & GAS OPERATIONS (P-5 627829) in the HOUSTON, NORTH (FAIRBANKS 6800) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 195489District 03Field 42905222GasSave
Value, all time
$1.6 M
Feb 2003 – Dec 2011
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
107
no gaps in the span
Streams
1
gas

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
GasProduction238,927 Mcf$1,603,805
Total$1,603,805

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 29.9069, -95.4923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.90690, -95.49226 · 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
8,086 ft
1 wells filed one
Completion to plug
8.8 years
median over 1 wells

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 8,086 ft.

Completions filed
Feb 2003
1 of 1 wells
Plug dates filed
Dec 2011
1 of 1 wells

Last completion to plug: a median of 8.8 years across the 1 well that filed both dates, with the middle half between 8.8 years and 8.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2013127418,086 ftFeb 2003Dec 2011Yes

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 (107)

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

107 months

Dec 2011096.873.24$0
Nov 20112,71495.723.31$8,987
Oct 201138684.983.65$1,408
Sep 2011883.623.99$32
Aug 201120583.404.15$851
Jul 2011094.144.52$0
Jun 201135492.904.64$1,643
May 2011098.134.40$0
Apr 2011591105.964.33$2,561
Mar 201199896.364.06$4,049
Feb 201128085.644.18$1,170
Jan 201168986.504.59$3,162
Dec 201067585.734.35$2,935
Nov 20101,10180.843.80$4,179
Oct 20101,59978.103.51$5,611
Sep 20101,27772.633.98$5,082
Aug 20101,53373.684.42$6,775
Jul 20101,75672.554.74$8,317
Jun 20101,74770.364.91$8,578
May 20101,52671.124.24$6,463
Apr 20101,61981.694.12$6,675
Mar 20102,82878.394.39$12,411
Feb 20101,65273.585.44$8,991
Jan 20101,62774.365.96$9,704
Dec 20091,82671.445.48$10,013
Nov 20091,91474.593.75$7,180
Oct 20091,08072.544.11$4,439
Sep 200974265.543.06$2,274
Aug 20091,72967.423.22$5,565
Jul 20093,58961.133.46$12,434
Jun 20093,66966.163.90$14,291
May 20093,91054.743.93$15,350
Apr 20093,67246.773.59$13,173
Mar 20093,61442.144.06$14,669
Feb 20093,41232.814.63$15,808
Jan 20091,85735.865.37$9,974
Dec 20083,38637.105.98$20,239
Nov 20084,10155.496.86$28,134
Oct 20083,44275.246.92$23,825
Sep 20081,574101.767.88$12,399
Aug 20083,929114.228.48$33,330
Jul 20083,997131.0811.39$45,524
Jun 20082,865131.3313.03$37,338
May 20084,274123.1711.57$49,469
Apr 20083,723110.3110.45$38,923
Mar 2008501101.909.66$4,842
Feb 20083,47892.538.77$30,504
Jan 20082,46690.388.21$20,235
Dec 2007088.337.30$0
Nov 20072,57191.677.29$18,747
Oct 20073,57282.856.92$24,725
Sep 20071,35075.846.24$8,430
Aug 20071,85369.066.39$11,837
Jul 20072,27870.906.39$14,552
Jun 20072,32062.007.55$17,512
May 20072,56358.747.85$20,110
Apr 20071,95859.617.81$15,283
Mar 20072,31456.927.30$16,897
Feb 20072,45355.108.22$20,154
Jan 20072,24650.306.73$15,109
Dec 20061,94256.656.92$13,436
Nov 20061,74654.207.62$13,300
Oct 20061,91254.906.01$11,498
Sep 20062,41360.085.04$12,155
Aug 20062,15368.717.34$15,803
Jul 20062,28369.376.34$14,481
Jun 20062,30366.286.38$14,702
May 20062,50266.016.42$16,075
Apr 20061,98364.397.36$14,596
Mar 200645056.707.08$3,187
Feb 20061,35457.597.75$10,495
Jan 200680960.598.93$7,227
Dec 20051,87554.9413.42$25,154
Nov 20052,60854.6910.59$27,615
Oct 20053,70858.3413.80$51,155
Sep 20053,26461.4512.08$39,426
Aug 20053,25561.519.80$31,889
Jul 20053,13955.697.84$24,621
Jun 20054,05752.337.38$29,945
May 20053,33145.226.65$22,155
Apr 20053,75049.207.36$27,602
Mar 20053,77350.377.15$26,995
Feb 20053,42045.226.31$21,587
Jan 20053,45143.166.32$21,818
Dec 20043,78039.866.75$25,519
Nov 20043,49845.286.33$22,144
Oct 20043,69849.706.52$24,093
Sep 20042,91643.245.28$15,408
Aug 20043,14342.375.55$17,446
Jul 20043,73138.286.08$22,700
Jun 20042,99536.106.43$19,267
May 20042,67837.486.49$17,392
Apr 20043,40534.475.86$19,948
Mar 20043,55034.365.53$19,632
Feb 20042,71032.455.51$14,931
Jan 20042,64132.036.30$16,637
Dec 20032,24130.266.30$14,122
Nov 20032,71028.804.60$12,453
Oct 20032,96028.174.76$14,089
Sep 20031,15626.314.75$5,490
Aug 200362729.765.13$3,216
Jul 20031,04229.415.17$5,388
Jun 20031,54128.565.98$9,220
May 20031,43826.595.97$8,589
Apr 20031,44726.675.41$7,824
Mar 20032,37631.146.10$14,484
Feb 20031,77033.487.93$14,029

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.

Nov 2011 — as filed, then multipliedworked
Gas                2,714 Mcf  × $  3.31 =     $8,987

────────────────────────────────────────────────────
Month total                                   $8,987

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/195489 is the state's own key, not one this site invented.