ODUM

Operated by JOY RESOURCES, INC. (P-5 447952) in the LIBERTY, SOUTH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226436District 03Field 53498001Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$1.9 M
Jan 2007 – Aug 2020
Value, last 12 filed months
$0
at the published price for each month
Months reported
164
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 other leases, and the rule below applies to all of them.

Discovered
1925-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
0 ft
minimum

A drilling unit in this field needs at least 0 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: THIS IS A PIERCEMENT TYPE SALT DOME.

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
CondensateDisposition820 bbl$60,254
GasProduction273,130 Mcf$1,808,727
Total$1,868,981

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 29.9959, -94.8078. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.99585, -94.80780 · 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
6,443 ft
1 wells filed one
Completion to plug
13.5 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 6,443 ft.

Completions filed
Feb 2007
1 of 1 wells
Plug dates filed
Aug 2020
1 of 1 wells

Last completion to plug: a median of 13.5 years across the 1 well that filed both dates, with the middle half between 13.5 years and 13.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2913268716,443 ftFeb 2007Aug 2020Yes

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 (164)

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

164 months

Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 201808059.543.11$249
Aug 2018020359.403.07$623
Jul 2018020365.142.93$595
Jun 2018025760.183.08$791
May 2018018665.382.90$540
Apr 2018017063.842.90$493
Mar 2018010761.222.79$298
Feb 201809961.782.77$274
Jan 2018010062.874.01$401
Dec 2017025057.272.92$730
Nov 2017023255.423.12$723
Oct 2017012749.292.98$379
Sep 2017011047.523.09$340
Aug 2017012945.373.00$388
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201508243.552.43$199
Sep 2015025142.992.76$692
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015014455.212.96$426
Apr 2015022649.822.71$612
Mar 2015031142.892.93$913
Feb 2015055944.662.98$1,664
Jan 2015066843.433.10$2,071
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201301293.623.91$47
Feb 2013011191.233.42$380
Jan 201311,56891.603.42$5,454
Dec 201214386.773.42$234
Nov 201223,95486.953.62$14,507
Oct 201223,15089.383.40$10,888
Sep 2012048394.672.92$1,410
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
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 201005370.364.91$260
May 2010055771.124.24$2,359
Apr 20100081.694.12$0
Mar 2010075678.394.39$3,318
Feb 2010046373.585.44$2,520
Jan 201003,55174.365.96$21,178
Dec 200904,15371.445.48$22,774
Nov 200902,69474.593.75$10,107
Oct 200903,03672.544.11$12,479
Sep 200903,74365.543.06$11,471
Aug 200914,34667.423.22$14,055
Jul 200911,38461.133.46$4,856
Jun 200962,76766.163.90$11,174
May 2009155,36154.743.93$21,867
Apr 200937,92846.773.59$28,582
Mar 200945,77942.144.06$23,626
Feb 200961,63932.814.63$7,790
Jan 2009233,52035.865.37$19,731
Dec 200889,84037.105.98$59,112
Nov 2008217,96655.496.86$55,815
Oct 2008225,53775.246.92$39,982
Sep 2008120101.767.88$1,221
Aug 2008543,179114.228.48$33,135
Jul 20089511,030131.0811.39$138,078
Jun 20080158131.3313.03$2,059
May 20080287123.1711.57$3,322
Apr 200801,244110.3110.45$13,006
Mar 200802,327101.909.66$22,488
Feb 200812,97292.538.77$26,159
Jan 200833,79690.388.21$31,420
Dec 200762,59688.337.30$19,486
Nov 200765,22891.677.29$38,671
Oct 2007107,56482.856.92$53,186
Sep 20072110,54875.846.24$67,456
Aug 20074517,16469.066.39$112,750
Jul 20075321,96070.906.39$144,037
Jun 20076022,05562.007.55$170,201
May 20077126,39258.747.85$211,250
Apr 200710823,20159.617.81$187,526
Mar 200715515,77356.927.30$123,997
Feb 200712,97255.108.22$24,473
Jan 200733,79650.306.73$25,686

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.

Sep 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.54 =         $0
Gas                   80 Mcf  × $  3.11 =       $249

────────────────────────────────────────────────────
Month total                                     $249

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/226436 is the state's own key, not one this site invented.