OWENS

Operated by ERNEST OPERATING COMPANY (P-5 253480) in the NOACK COW HERD, EAST (NAVARRO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 96047District 03Field 65609500GasSaveExport
Value, all time
$14 k
Jan 1993 – Jul 2013
Value, last 12 filed months
$326
at the published price for each month
Months reported
247
no gaps in the span
Streams
1
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 17 leases and 53 wells, and the rule below applies to all of them.

Discovered
1976-07-01
as the register files it
Field class
Oil and 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 Commission's schedule remark for this field reads: PER DOCKET 3-69079 EFF 2-25-80, TEMP RULES MADE PERMANENT

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
GasProduction7,219 Mcf$14,068
Total$14,068

3,679 Mcf of this lease's gas, across 38 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 30.5124, -96.9178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.51238, -96.91784 · 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
3,480 ft
1 wells filed one
Completion to plug
31.8 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 3,480 ft.

Completions filed
Sep 1981
1 of 1 wells
Plug dates filed
Jul 2013
1 of 1 wells

Last completion to plug: a median of 31.8 years across the 1 well that filed both dates, with the middle half between 31.8 years and 31.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2873100273,480 ftSep 1981Jul 2013Yes

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 (247)

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

247 months

Jul 20130102.523.72$0
Jun 20131194.403.93$43
May 2013194.834.15$4
Apr 2013293.964.28$9
Mar 2013493.623.91$16
Feb 20131391.233.42$44
Jan 20131091.603.42$34
Dec 20121686.773.42$55
Nov 20121086.953.62$36
Oct 20121389.383.40$44
Sep 2012394.672.92$9
Aug 20121192.662.91$32
Jul 2012785.133.02$21
Jun 20121479.822.52$35
May 2012491.612.49$10
Apr 201210101.652.00$20
Mar 20125105.052.22$11
Feb 20127101.102.57$18
Jan 2012298.092.73$5
Dec 2011296.873.24$6
Nov 2011295.723.31$7
Oct 2011084.983.65$0
Sep 20111083.623.99$40
Aug 20111083.404.15$41
Jul 2011894.144.52$36
Jun 20111492.904.64$65
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011386.504.59$14
Dec 2010285.734.35$9
Nov 2010380.843.80$11
Oct 2010278.103.51$7
Sep 2010472.633.98$16
Aug 2010073.684.42$0
Jul 2010172.554.74$5
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009566.163.90$19
May 2009354.743.93$12
Apr 2009046.773.59$0
Mar 2009142.144.06$4
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008575.246.92$35
Sep 20082101.767.88$16
Aug 20086114.228.48$51
Jul 20086131.0811.39$68
Jun 20084131.3313.03$52
May 20085123.1711.57$58
Apr 20088110.3110.45$84
Mar 200810101.909.66$97
Feb 2008892.538.77$70
Jan 2008590.388.21$41
Dec 2007388.337.30$22
Nov 2007991.677.29$66
Oct 20071682.856.92$111
Sep 20071275.846.24$75
Aug 20071369.066.39$83
Jul 20071770.906.39$109
Jun 20072262.007.55$166
May 20072558.747.85$196
Apr 20071859.617.81$140
Mar 20072356.927.30$168
Feb 2007955.108.22$74
Jan 20072550.306.73$168
Dec 20062356.656.92$159
Nov 20062254.207.62$168
Oct 20062454.906.01$144
Sep 20062960.085.04$146
Aug 20063368.717.34$242
Jul 2006769.376.34$44
Jun 20061166.286.38$70
May 20061266.016.42$77
Apr 2006764.397.36$52
Mar 2006756.707.08$50
Feb 2006457.597.75$31
Jan 2006660.598.93$54
Dec 2005754.9413.42$94
Nov 2005854.6910.59$85
Oct 2005758.3413.80$97
Sep 2005661.4512.08$72
Aug 2005861.519.80$78
Jul 2005855.697.84$63
Jun 2005052.337.38$0
May 20052345.226.65$153
Apr 20051249.207.36$88
Mar 20052150.377.15$150
Feb 20051945.226.31$120
Jan 20051643.166.32$101
Dec 20041939.866.75$128
Nov 20041645.286.33$101
Oct 2004949.706.52$59
Sep 2004143.245.28$5
Aug 2004242.375.55$11
Jul 2004338.286.08$18
Jun 2004236.106.43$13
May 2004337.486.49$19
Apr 2004434.475.86$23
Mar 2004334.365.53$17
Feb 2004132.455.51$6
Jan 2004932.036.30$57
Dec 2003530.266.30$32
Nov 20031128.804.60$51
Oct 20031228.174.76$57
Sep 2003926.314.75$43
Aug 20031029.765.13$51
Jul 20031429.415.17$72
Jun 2003428.565.98$24
May 2003126.595.97$6
Apr 2003326.675.41$16
Mar 20031631.146.10$98
Feb 20031833.487.93$143
Jan 20032130.315.58$117
Dec 20021626.914.85$78
Nov 20021524.664.14$62
Oct 20021626.464.23$68
Sep 20022627.443.64$95
Aug 20021525.963.16$47
Jul 20021824.583.06$55
Jun 20022923.733.34$97
May 20026224.663.58$222
Apr 20027623.653.51$267
Mar 20023122.003.10$96
Feb 20023318.222.38$78
Jan 20022417.172.38$57
Dec 20012116.932.36$50
Nov 20011518.072.41$36
Oct 20011419.782.53$35
Sep 20012024.262.25$45
Aug 20011524.873.05$46
Jul 20012023.933.20$64
Jun 20011824.563.82$69
May 20012425.524.31$103
Apr 20011724.685.34$91
Mar 20012224.545.38$118
Feb 20011527.755.77$87
Jan 20012527.478.40$210
Dec 20005626.889.12$511
Nov 20004232.215.66$238
Oct 20003231.235.15$165
Sep 20002331.875.19$119
Aug 20003029.644.54$136
Jul 20002828.534.09$115
Jun 20003829.304.40$167
May 20003027.263.68$110
Apr 20002924.513.12$90
Mar 20005928.422.86$169
Feb 200010427.622.73$284
Jan 20005725.272.48$141
Dec 19993224.282.42$78
Nov 19992323.192.43$56
Oct 19991920.982.80$53
Sep 19991521.752.62$39
Aug 1999919.262.88$26
Jul 19991317.892.37$31
Jun 1999815.942.36$19
May 1999515.792.32$12
Apr 19991315.102.21$29
Mar 19993112.471.84$57
Feb 1999359.981.82$64
Jan 19994210.381.90$80
Dec 1998379.201.77$66
Nov 19983110.892.19$68
Oct 19983512.421.97$69
Sep 19983212.592.08$67
Aug 19983111.301.91$59
Jul 19983511.742.24$78
Jun 19984811.242.24$107
May 19985812.622.21$128
Apr 19985513.042.51$138
Mar 19983612.802.31$83
Feb 19983613.952.30$83
Jan 19985414.702.15$116
Dec 19975816.322.41$140
Nov 19976318.193.09$195
Oct 19976019.253.15$189
Sep 19975817.742.95$171
Aug 19975417.862.55$138
Jul 19976117.582.25$137
Jun 19975817.242.26$131
May 19975318.972.31$122
Apr 19975417.882.08$112
Mar 19976018.951.94$116
Feb 19975420.492.21$119
Jan 19977923.483.54$280
Dec 19967423.32$0
Nov 19966821.97$0
Oct 19966023.31$0
Sep 19966622.22$0
Aug 19967420.26$0
Jul 19967319.55$0
Jun 19968318.73$0
May 19968619.43$0
Apr 19964021.51$0
Mar 19967719.38$0
Feb 19966816.98$0
Jan 19968817.07$0
Dec 199510217.19$0
Nov 199510016.00$0
Oct 199510515.43$0
Sep 199510016.18$0
Aug 199511515.92$0
Jul 19957515.24$0
Jun 19957916.41$0
May 19959617.56$0
Apr 199511017.73$0
Mar 199512716.44$0
Feb 199510616.58$0
Jan 19956915.92$0
Dec 19949115.03$0
Nov 199411415.90$0
Oct 199411315.58$0
Sep 199412915.29$0
Aug 19948316.13$0
Jul 19947517.56$0
Jun 19947517.09$0
May 199412815.88$0
Apr 199414714.14$0
Mar 199415612.46$0
Feb 199416112.50$0
Jan 199420012.66$0
Dec 199311212.33$0
Nov 19935414.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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.

Jun 2013 — as filed, then multipliedworked
Gas                   11 Mcf  × $  3.93 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/96047 is the state's own key, not one this site invented.