OGLETREE

Name: OGLETREE lease production and value, Aug 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ARCADIA OPERATING, LLC (P-5 28734) in the SHEPHERD (WX CONS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204356District 03Field 83047400CondensateGasSave

Value, all time

$16.5 M

Aug 2004 – Oct 2019

Value, last 12 filed months

$229 k

at the published price for each month

Months reported

183

no gaps in the span

Streams

condensate, 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.

Stream	Basis	Volume	Value
Condensate	Disposition	56,080 bbl	$3,714,958
Gas	Production	1,945,180 Mcf	$12,774,144
Total			$16,489,102

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 30.4604, -95.0097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.46041, -95.00967 · 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

11,492 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 11,492 ft.

Completions filed

Oct 2019

1 of 1 wells

1 well


42-40730609	2R	11,492 ft	Oct 2019	—	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 (183)

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

183 months


Oct 2019	229	0	53.47	2.42	$12,245
Sep 2019	0	5,541	55.05	2.66	$14,724
Aug 2019	0	4,955	53.11	2.30	$11,418
Jul 2019	0	6,486	56.27	2.46	$15,956
Jun 2019	0	7,414	52.78	2.49	$18,470
May 2019	0	6,071	58.48	2.74	$16,636
Apr 2019	178	6,306	62.63	2.75	$28,494
Mar 2019	0	6,460	56.80	3.06	$19,781
Feb 2019	0	5,671	50.85	2.79	$15,835
Jan 2019	187	6,015	46.03	3.23	$28,025
Dec 2018	0	6,925	46.59	4.19	$28,984
Nov 2018	0	4,320	52.93	4.24	$18,305
Oct 2018	0	1,257	61.44	3.40	$4,271
Sep 2018	0	296	59.54	3.11	$920
Aug 2018	0	2,754	59.40	3.07	$8,445
Jul 2018	178	6,681	65.14	2.93	$31,183
Jun 2018	0	6,907	60.18	3.08	$21,252
May 2018	0	6,834	65.38	2.90	$19,824
Apr 2018	181	8,859	63.84	2.90	$37,253
Mar 2018	0	8,599	61.22	2.79	$23,964
Feb 2018	201	8,468	61.78	2.77	$35,841
Jan 2018	0	10,506	62.87	4.01	$42,122
Dec 2017	192	5,243	57.27	2.92	$26,313
Nov 2017	0	9,188	55.42	3.12	$28,651
Oct 2017	191	9,989	49.29	2.98	$39,218
Sep 2017	0	5,649	47.52	3.09	$17,440
Aug 2017	0	8,064	45.37	3.00	$24,227
Jul 2017	0	6,980	43.87	3.09	$21,549
Jun 2017	260	6,144	42.49	3.09	$30,016
May 2017	127	8,718	45.37	3.26	$34,212
Apr 2017	87	3,741	47.93	3.21	$16,185
Mar 2017	233	1,259	46.77	2.98	$14,654
Feb 2017	215	1,837	50.45	2.95	$16,271
Jan 2017	262	1,897	49.41	3.42	$19,431
Dec 2016	401	3,087	48.76	3.72	$31,045
Nov 2016	264	1,838	42.49	2.64	$16,078
Oct 2016	181	2,919	46.19	3.09	$17,381
Sep 2016	176	3,890	41.55	3.10	$19,374
Aug 2016	352	2,576	41.44	2.92	$22,120
Jul 2016	176	1,937	41.62	2.92	$12,990
Jun 2016	244	3,072	45.35	2.69	$19,316
May 2016	178	2,222	42.52	1.99	$11,993
Apr 2016	0	4,500	36.56	1.99	$8,960
Mar 2016	174	4,454	33.01	1.79	$13,734
Feb 2016	354	4,577	26.47	2.06	$18,816
Jan 2016	180	5,159	27.35	2.36	$17,121
Dec 2015	256	4,262	32.36	2.00	$16,814
Nov 2015	173	4,948	38.79	2.17	$17,435
Oct 2015	173	5,754	43.55	2.43	$21,497
Sep 2015	356	5,226	42.99	2.76	$29,720
Aug 2015	174	5,816	40.16	2.87	$23,694
Jul 2015	184	4,635	48.15	2.95	$22,510
Jun 2015	357	5,413	56.15	2.88	$35,650
May 2015	171	4,301	55.21	2.96	$22,152
Apr 2015	174	4,699	49.82	2.71	$21,387
Mar 2015	176	4,964	42.89	2.93	$22,117
Feb 2015	176	5,702	44.66	2.98	$24,830
Jan 2015	174	6,429	43.43	3.10	$27,491
Dec 2014	351	4,661	54.69	3.59	$35,936
Nov 2014	332	4,708	70.46	4.25	$43,410
Oct 2014	174	6,380	78.30	3.90	$38,512
Sep 2014	0	4,941	86.16	4.05	$19,989
Aug 2014	171	1,022	89.39	4.04	$19,410
Jul 2014	0	3,070	96.56	4.18	$12,831
Jun 2014	181	3,889	98.16	4.74	$36,189
May 2014	165	3,300	94.73	4.73	$31,228
Apr 2014	159	2,429	95.94	4.81	$26,936
Mar 2014	167	1,516	95.89	5.06	$23,680
Feb 2014	172	1,507	97.40	6.19	$26,084
Jan 2014	165	1,743	90.40	4.86	$23,388
Dec 2013	0	2,012	91.82	4.35	$8,761
Nov 2013	169	2,692	88.85	3.74	$25,079
Oct 2013	171	3,573	97.42	3.78	$30,162
Sep 2013	168	3,389	104.11	3.72	$30,090
Aug 2013	348	3,238	104.25	3.52	$47,685
Jul 2013	172	2,711	102.52	3.72	$27,712
Jun 2013	170	2,988	94.40	3.93	$27,801
May 2013	346	3,465	94.83	4.15	$47,188
Apr 2013	260	4,051	93.96	4.28	$41,778
Mar 2013	169	3,561	93.62	3.91	$29,756
Feb 2013	167	2,987	91.23	3.42	$25,451
Jan 2013	516	3,869	91.60	3.42	$60,497
Dec 2012	165	4,219	86.77	3.42	$28,747
Nov 2012	348	4,249	86.95	3.62	$45,661
Oct 2012	342	4,393	89.38	3.40	$45,503
Sep 2012	330	5,141	94.67	2.92	$46,245
Aug 2012	342	4,320	92.66	2.91	$44,253
Jul 2012	166	5,186	85.13	3.02	$29,797
Jun 2012	340	4,281	79.82	2.52	$37,923
May 2012	344	5,615	91.61	2.49	$45,486
Apr 2012	139	5,165	101.65	2.00	$24,443
Mar 2012	380	5,203	105.05	2.22	$51,480
Feb 2012	351	5,297	101.10	2.57	$49,101
Jan 2012	338	6,441	98.09	2.73	$50,765
Dec 2011	344	6,780	96.87	3.24	$55,289
Nov 2011	173	6,124	95.72	3.31	$36,838
Oct 2011	335	6,877	84.98	3.65	$53,559
Sep 2011	341	6,798	83.62	3.99	$55,610
Aug 2011	510	7,167	83.40	4.15	$72,272
Jul 2011	349	8,186	94.14	4.52	$69,833
Jun 2011	577	8,632	92.90	4.64	$93,655
May 2011	581	8,855	98.13	4.40	$96,018
Apr 2011	387	10,677	105.96	4.33	$87,273
Mar 2011	782	11,533	96.36	4.06	$122,147
Feb 2011	784	10,991	85.64	4.18	$113,084
Jan 2011	751	13,488	86.50	4.59	$126,855
Dec 2010	549	13,840	85.73	4.35	$107,239
Nov 2010	1,095	15,696	80.84	3.80	$148,091
Oct 2010	557	11,845	78.10	3.51	$85,065
Sep 2010	0	892	72.63	3.98	$3,550
Aug 2010	189	44	73.68	4.42	$14,120
Jul 2010	0	157	72.55	4.74	$744
Jun 2010	0	215	70.36	4.91	$1,056
May 2010	0	493	71.12	4.24	$2,088
Apr 2010	0	566	81.69	4.12	$2,333
Mar 2010	0	402	78.39	4.39	$1,764
Feb 2010	0	113	73.58	5.44	$615
Jan 2010	0	196	74.36	5.96	$1,169
Dec 2009	0	1,769	71.44	5.48	$9,701
Nov 2009	172	3,662	74.59	3.75	$26,567
Oct 2009	0	3,094	72.54	4.11	$12,717
Sep 2009	0	5,594	65.54	3.06	$17,144
Aug 2009	179	5,980	67.42	3.22	$31,315
Jul 2009	0	4,904	61.13	3.46	$16,990
Jun 2009	72	6,226	66.16	3.90	$29,014
May 2009	184	6,075	54.74	3.93	$33,921
Apr 2009	0	6,790	46.77	3.59	$24,359
Mar 2009	170	5,612	42.14	4.06	$29,943
Feb 2009	0	6,004	32.81	4.63	$27,817
Jan 2009	184	7,151	35.86	5.37	$45,006
Dec 2008	181	7,886	37.10	5.98	$53,851
Nov 2008	44	7,410	55.49	6.86	$53,277
Oct 2008	160	9,541	75.24	6.92	$78,081
Sep 2008	173	8,352	101.76	7.88	$83,394
Aug 2008	183	8,559	114.22	8.48	$93,508
Jul 2008	171	10,142	131.08	11.39	$137,926
Jun 2008	0	9,914	131.33	13.03	$129,205
May 2008	332	11,341	123.17	11.57	$172,156
Apr 2008	163	11,432	110.31	10.45	$137,500
Mar 2008	365	13,557	101.90	9.66	$168,209
Feb 2008	183	10,698	92.53	8.77	$110,761
Jan 2008	365	12,849	90.38	8.21	$138,424
Dec 2007	173	11,325	88.33	7.30	$97,976
Nov 2007	362	12,484	91.67	7.29	$124,214
Oct 2007	365	13,727	82.85	6.92	$125,258
Sep 2007	184	13,938	75.84	6.24	$100,986
Aug 2007	359	16,808	69.06	6.39	$132,161
Jul 2007	352	18,155	70.90	6.39	$140,930
Jun 2007	182	16,453	62.00	7.55	$135,479
May 2007	368	17,650	58.74	7.85	$160,103
Apr 2007	352	21,264	59.61	7.81	$186,952
Mar 2007	316	22,520	56.92	7.30	$182,427
Feb 2007	548	20,164	55.10	8.22	$195,862
Jan 2007	525	25,009	50.30	6.73	$194,639
Dec 2006	521	26,866	56.65	6.92	$215,385
Nov 2006	721	26,547	54.20	7.62	$241,299
Oct 2006	718	30,124	54.90	6.01	$220,578
Sep 2006	352	30,286	60.08	5.04	$173,705
Aug 2006	714	32,402	68.71	7.34	$286,887
Jul 2006	528	35,018	69.37	6.34	$258,738
Jun 2006	703	35,244	66.28	6.38	$271,588
May 2006	895	39,523	66.01	6.42	$313,014
Apr 2006	715	38,453	64.39	7.36	$329,071
Mar 2006	1,074	47,436	56.70	7.08	$396,881
Feb 2006	1,263	49,062	57.59	7.75	$453,022
Jan 2006	1,092	57,123	60.59	8.93	$576,462
Dec 2005	1,106	56,634	54.94	13.42	$820,531
Nov 2005	1,085	57,395	54.69	10.59	$667,060
Oct 2005	1,003	60,760	58.34	13.80	$896,745
Sep 2005	1,423	50,849	61.45	12.08	$701,648
Aug 2005	0	7,914	61.51	9.80	$77,532
Jul 2005	350	13,110	55.69	7.84	$122,322
Jun 2005	675	23,823	52.33	7.38	$211,161
May 2005	877	24,635	45.22	6.65	$203,509
Apr 2005	723	19,939	49.20	7.36	$182,332
Mar 2005	895	26,039	50.37	7.15	$231,387
Feb 2005	716	22,365	45.22	6.31	$173,544
Jan 2005	915	23,917	43.16	6.32	$190,699
Dec 2004	1,024	24,151	39.86	6.75	$203,862
Nov 2004	887	20,536	45.28	6.33	$170,165
Oct 2004	1,237	29,868	49.70	6.52	$256,072
Sep 2004	1,239	33,914	43.24	5.28	$232,773
Aug 2004	735	21,015	42.37	5.55	$147,789

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.

Oct 2019 — as filed, then multipliedworked

Condensate           229 bbl  × $ 53.47 =    $12,245
Gas                    0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                  $12,245

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/204356 is the state's own key, not one this site invented.