O'BANION WILLIAMS

Operated by D.J. OILFIELD SALVAGE INC. (P-5 196197) in the CLODINE, NORTH (COOK MTN. 8300) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 65934District 03Field 19050125CondensateGasSave
Value, all time
$43 k
Jan 1993 – Jul 1998
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
67
no gaps in the span
Streams
2
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.

StreamBasisVolumeValue
CondensateDisposition17 bbl$200
GasProduction72,562 Mcf$42,782
Total$42,982

56,210 Mcf of this lease's gas, across 43 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 29.7215, -95.7031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.72150, -95.70314 · 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
8,412 ft
1 wells filed one
Completion to plug
22.4 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 8,412 ft.

Completions filed
Feb 1976
1 of 1 wells
Plug dates filed
Jul 1998
1 of 1 wells

Last completion to plug: a median of 22.4 years across the 1 well that filed both dates, with the middle half between 22.4 years and 22.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2013048218,412 ftFeb 1976Jul 1998Yes

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 (67)

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

67 months

Jul 199817011.742.24$200
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 199801,50314.702.15$3,239
Dec 199701,45716.322.41$3,513
Nov 199701,42918.193.09$4,413
Oct 199701,45319.253.15$4,577
Sep 199701,65217.742.95$4,881
Aug 199701,92917.862.55$4,928
Jul 199702,24417.582.25$5,042
Jun 1997062017.242.26$1,399
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 199701,15318.951.94$2,236
Feb 199701,31520.492.21$2,901
Jan 199701,59723.483.54$5,653
Dec 1996084923.32$0
Nov 1996020121.97$0
Oct 199601,44223.31$0
Sep 199601,63522.22$0
Aug 19960020.26$0
Jul 1996037519.55$0
Jun 199601,07318.73$0
May 199601,61419.43$0
Apr 199601,59221.51$0
Mar 199601,68219.38$0
Feb 199601,68616.98$0
Jan 199601,08617.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 199501,56415.92$0
Jul 199501,84315.24$0
Jun 199502,11616.41$0
May 1995077617.56$0
Apr 199501,80017.73$0
Mar 199501,81316.44$0
Feb 199501,20016.58$0
Jan 199501,02615.92$0
Dec 199401,02615.03$0
Nov 1994083315.90$0
Oct 1994017015.58$0
Sep 1994017315.29$0
Aug 1994060016.13$0
Jul 1994065317.56$0
Jun 199401,28217.09$0
May 1994072515.88$0
Apr 1994072514.14$0
Mar 199402,00012.46$0
Feb 199402,03312.50$0
Jan 1994014912.66$0
Dec 1993099912.33$0
Nov 199301,31314.49$0
Oct 199301,57915.85$0
Sep 199301,27515.03$0
Aug 199301,66115.66$0
Jul 1993056815.46$0
Jun 1993099716.79$0
May 199302,68017.68$0
Apr 199302,39118.05$0
Mar 199302,35718.14$0
Feb 199302,24517.90$0
Jan 199302,40316.93$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.

Jul 1998 — as filed, then multipliedworked
Condensate            17 bbl  × $ 11.74 =       $200
Gas                    0 Mcf  × $  2.24 =         $0

────────────────────────────────────────────────────
Month total                                     $200

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/65934 is the state's own key, not one this site invented.