OTTIS, EMIL J. HEIRS

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the SILVERSPOON (TEX SA1 SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216460District 03Field 836628002 tax incentive programmesCondensateGasSaveExport
Value, all time
$62.7 M
Jul 2005 – Feb 2011
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
68
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
2005-07-28
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-05-16.

The Commission's schedule remark for this field reads: ADOPTED TWO PART ALLOCATION FORMULA WHICH IS SUSPENDED.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-02-27180863
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition31,581 bbl$1,966,847
GasProduction7,031,985 Mcf$60,757,538
Total$62,724,385

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 28.7756, -95.9138. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.77560, -95.91380 · 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
17,500 ft
1 wells filed one
Completion to plug
5.6 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 17,500 ft.

Completions filed
Jul 2005
1 of 1 wells
Plug dates filed
Feb 2011
1 of 1 wells

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32132033117,500 ftJul 2005Feb 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 (68)

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

68 months

Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201097078.394.39$7,604
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200917824,82971.445.48$148,872
Nov 200935863,04874.593.75$263,228
Oct 200936466,84572.544.11$301,154
Sep 200936068,44565.543.06$233,361
Aug 200936169,57567.423.22$248,266
Jul 200936269,24161.133.46$262,015
Jun 200936068,37066.163.90$290,119
May 200953570,42754.743.93$305,765
Apr 200933062,96146.773.59$241,307
Mar 200936165,48242.144.06$281,004
Feb 200916645,90032.814.63$218,101
Jan 20090035.865.37$0
Dec 2008025537.105.98$1,524
Nov 2008011,37155.496.86$78,009
Oct 200804,42275.246.92$30,609
Sep 20087824,683101.767.88$202,367
Aug 2008047,740114.228.48$404,979
Jul 20088846,143131.0811.39$537,078
Jun 20084054,669131.3313.03$717,734
May 200823259,538123.1711.57$717,686
Apr 200840362,393110.3110.45$696,765
Mar 200818867,324101.909.66$669,781
Feb 200818265,67192.538.77$592,813
Jan 200815373,33090.388.21$615,554
Dec 200718255,98088.337.30$424,840
Nov 2007368119,85691.677.29$907,689
Oct 2007361128,72182.856.92$920,913
Sep 2007363113,87975.846.24$738,609
Aug 2007346120,36869.066.39$792,798
Jul 2007543128,16670.906.39$857,215
Jun 2007364128,55262.007.55$992,936
May 2007552115,03458.747.85$935,013
Apr 2007366133,63259.617.81$1,064,842
Mar 2007743143,08056.927.30$1,087,057
Feb 2007741136,61255.108.22$1,163,233
Jan 2007750155,44550.306.73$1,083,380
Dec 2006731152,52556.656.92$1,096,646
Nov 2006539144,24454.207.62$1,127,990
Oct 2006918153,26254.906.01$972,085
Sep 2006552152,35560.085.04$800,607
Aug 2006729155,02368.717.34$1,187,946
Jul 2006732181,05969.376.34$1,199,193
Jun 2006735146,57466.286.38$984,427
May 20061,264196,05266.016.42$1,343,071
Apr 20060116,02564.397.36$854,000
Mar 20061,091191,84556.707.08$1,420,682
Feb 20061,648295,82457.597.75$2,387,876
Jan 20061,822335,10160.598.93$3,103,959
Dec 20052,384414,23954.9413.42$5,688,159
Nov 20053,044636,63954.6910.59$6,907,465
Oct 20053,252694,20458.3413.80$9,766,793
Sep 20051,265395,02761.4512.08$4,849,265
Aug 20050061.519.80$0
Jul 20050055.697.84$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.

Mar 2010 — as filed, then multipliedworked
Condensate            97 bbl  × $ 78.39 =     $7,604
Gas                    0 Mcf  × $  4.39 =         $0

────────────────────────────────────────────────────
Month total                                   $7,604

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/216460 is the state's own key, not one this site invented.