ORSAG, J.M. UNIT

Name: ORSAG, J.M. UNIT lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by APACHE CORPORATION (P-5 27200) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 14687District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$2.2 M

Jan 1993 – Jan 2007

Value, last 12 filed months

$20 k

at the published price for each month

Months reported

169

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA 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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	47,808 bbl	$947,037
Casinghead gas	Production	1,069,225 Mcf	$1,205,910
Total			$2,152,947

728,185 Mcf of this lease's gas, across 48 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 (2)

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 30.5156, -96.5187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

30.51555, -96.51866 · 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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

10,544 ft

2 wells filed one

Completion to plug

18.0 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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

Between 8,660 and 12,427 ft, median 10,544 ft, over the 2 wells that filed a depth.

Completions filed

Sep 1981 – Apr 1992

2 of 2 wells

Plug dates filed

Jan 2003 – Nov 2006

2 of 2 wells

Last completion to plug: a median of 18.0 years across the 2 wells that filed both dates, with the middle half between 16.3 years and 19.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-05133184	2	12,427 ft	Apr 1992	Nov 2006	Yes
42-05131516	1	8,660 ft	Sep 1981	Jan 2003	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 (169)

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

169 months


Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	5	68.71	7.34	$37
Jul 2006	282	0	69.37	6.34	$19,562
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	157	218	55.69	7.84	$10,453
Jun 2005	0	858	52.33	7.38	$6,333
May 2005	0	893	45.22	6.65	$5,939
Apr 2005	170	906	49.20	7.36	$15,033
Mar 2005	179	1,051	50.37	7.15	$16,536
Feb 2005	188	1,187	45.22	6.31	$15,994
Jan 2005	0	1,702	43.16	6.32	$10,760
Dec 2004	0	1,579	39.86	6.75	$10,660
Nov 2004	318	1,565	45.28	6.33	$24,306
Oct 2004	0	1,620	49.70	6.52	$10,554
Sep 2004	190	1,791	43.24	5.28	$17,679
Aug 2004	0	1,926	42.37	5.55	$10,691
Jul 2004	184	1,899	38.28	6.08	$18,597
Jun 2004	179	1,781	36.10	6.43	$17,919
May 2004	0	2,019	37.48	6.49	$13,113
Apr 2004	185	1,835	34.47	5.86	$17,127
Mar 2004	195	2,063	34.36	5.53	$18,109
Feb 2004	0	1,201	32.45	5.51	$6,617
Jan 2004	179	1,675	32.03	6.30	$16,285
Dec 2003	204	1,855	30.26	6.30	$17,863
Nov 2003	185	2,075	28.80	4.60	$14,863
Oct 2003	173	2,133	28.17	4.76	$15,026
Sep 2003	148	2,173	26.31	4.75	$14,214
Aug 2003	0	2,084	29.76	5.13	$10,690
Jul 2003	172	2,428	29.41	5.17	$17,613
Jun 2003	277	2,232	28.56	5.98	$21,265
May 2003	175	2,237	26.59	5.97	$18,014
Apr 2003	0	2,089	26.67	5.41	$11,296
Mar 2003	251	2,776	31.14	6.10	$24,739
Feb 2003	184	3,082	33.48	7.93	$30,588
Jan 2003	188	2,702	30.31	5.58	$20,781
Dec 2002	191	2,889	26.91	4.85	$19,162
Nov 2002	151	2,732	24.66	4.14	$15,026
Oct 2002	165	2,987	26.46	4.23	$16,998
Sep 2002	367	3,503	27.44	3.64	$22,805
Aug 2002	188	4,236	25.96	3.16	$18,284
Jul 2002	172	1,934	24.58	3.06	$10,149
Jun 2002	181	1,883	23.73	3.34	$10,581
May 2002	1	2,352	24.66	3.58	$8,454
Apr 2002	181	2,678	23.65	3.51	$13,687
Mar 2002	182	2,708	22.00	3.10	$12,406
Feb 2002	2	2,429	18.22	2.38	$5,807
Jan 2002	174	2,878	17.17	2.38	$9,825
Dec 2001	179	2,364	16.93	2.36	$8,620
Nov 2001	184	3,080	18.07	2.41	$10,734
Oct 2001	193	3,074	19.78	2.53	$11,591
Sep 2001	0	2,719	24.26	2.25	$6,121
Aug 2001	176	3,142	24.87	3.05	$13,970
Jul 2001	175	3,317	23.93	3.20	$14,792
Jun 2001	182	3,057	24.56	3.82	$16,160
May 2001	1	3,182	25.52	4.31	$13,731
Apr 2001	515	2,020	24.68	5.34	$23,488
Mar 2001	1	2,334	24.54	5.38	$12,573
Feb 2001	184	2,754	27.75	5.77	$20,989
Jan 2001	1	3,467	27.47	8.40	$29,146
Dec 2000	194	3,951	26.88	9.12	$41,258
Nov 2000	191	3,857	32.21	5.66	$27,975
Oct 2000	182	3,472	31.23	5.15	$23,549
Sep 2000	195	3,957	31.87	5.19	$26,738
Aug 2000	188	3,949	29.64	4.54	$23,504
Jul 2000	1	3,809	28.53	4.09	$15,606
Jun 2000	191	4,158	29.30	4.40	$23,880
May 2000	187	4,533	27.26	3.68	$21,778
Apr 2000	360	4,456	24.51	3.12	$22,709
Mar 2000	189	4,742	28.42	2.86	$18,932
Feb 2000	189	4,712	27.62	2.73	$18,067
Jan 2000	181	5,039	25.27	2.48	$17,073
Dec 1999	166	3,358	24.28	2.42	$12,169
Nov 1999	174	3,430	23.19	2.43	$12,384
Oct 1999	192	2,202	20.98	2.80	$10,202
Sep 1999	284	3,133	21.75	2.62	$14,382
Aug 1999	0	3,752	19.26	2.88	$10,789
Jul 1999	189	3,460	17.89	2.37	$11,590
Jun 1999	166	3,003	15.94	2.36	$9,739
May 1999	191	3,649	15.79	2.32	$11,485
Apr 1999	184	4,054	15.10	2.21	$11,730
Mar 1999	187	3,905	12.47	1.84	$9,511
Feb 1999	189	4,049	9.98	1.82	$9,246
Jan 1999	181	4,301	10.38	1.90	$10,050
Dec 1998	189	0	9.20	1.77	$1,739
Nov 1998	173	3,640	10.89	2.19	$9,840
Oct 1998	191	4,175	12.42	1.97	$10,594
Sep 1998	189	0	12.59	2.08	$2,380
Aug 1998	186	4,192	11.30	1.91	$10,097
Jul 1998	169	4,557	11.74	2.24	$12,179
Jun 1998	159	5,145	11.24	2.24	$13,298
May 1998	380	5,284	12.62	2.21	$16,454
Apr 1998	184	3,583	13.04	2.51	$11,376
Mar 1998	182	5,283	12.80	2.31	$14,530
Feb 1998	372	5,067	13.95	2.30	$16,839
Jan 1998	189	6,410	14.70	2.15	$16,591
Dec 1997	372	6,210	16.32	2.41	$21,044
Nov 1997	350	6,685	18.19	3.09	$27,012
Oct 1997	384	7,488	19.25	3.15	$30,978
Sep 1997	182	7,687	17.74	2.95	$25,943
Aug 1997	355	8,542	17.86	2.55	$28,163
Jul 1997	354	8,292	17.58	2.25	$24,855
Jun 1997	181	7,489	17.24	2.26	$20,025
May 1997	177	0	18.97	2.31	$3,358
Apr 1997	189	6,310	17.88	2.08	$16,522
Mar 1997	379	6,860	18.95	1.94	$20,485
Feb 1997	533	6,808	20.49	2.21	$25,939
Jan 1997	371	5,043	23.48	3.54	$26,562
Dec 1996	181	6,434	23.32	—	$4,221
Nov 1996	377	6,073	21.97	—	$8,283
Oct 1996	188	6,367	23.31	—	$4,382
Sep 1996	369	7,902	22.22	—	$8,199
Aug 1996	189	9,334	20.26	—	$3,829
Jul 1996	349	8,779	19.55	—	$6,823
Jun 1996	354	6,869	18.73	—	$6,630
May 1996	573	8,740	19.43	—	$11,133
Apr 1996	357	5,198	21.51	—	$7,679
Mar 1996	503	9,513	19.38	—	$9,748
Feb 1996	696	7,849	16.98	—	$11,818
Jan 1996	196	8,586	17.07	—	$3,346
Dec 1995	514	10,598	17.19	—	$8,836
Nov 1995	370	11,765	16.00	—	$5,920
Oct 1995	533	13,728	15.43	—	$8,224
Sep 1995	376	12,412	16.18	—	$6,084
Aug 1995	364	13,254	15.92	—	$5,795
Jul 1995	561	13,750	15.24	—	$8,550
Jun 1995	366	13,047	16.41	—	$6,006
May 1995	898	15,247	17.56	—	$15,769
Apr 1995	189	14,862	17.73	—	$3,351
Mar 1995	531	11,271	16.44	—	$8,730
Feb 1995	373	15,018	16.58	—	$6,184
Jan 1995	911	18,097	15.92	—	$14,503
Dec 1994	545	18,732	15.03	—	$8,191
Nov 1994	731	17,972	15.90	—	$11,623
Oct 1994	548	17,639	15.58	—	$8,538
Sep 1994	557	18,662	15.29	—	$8,517
Aug 1994	556	17,835	16.13	—	$8,968
Jul 1994	728	22,107	17.56	—	$12,784
Jun 1994	911	25,629	17.09	—	$15,569
May 1994	730	23,178	15.88	—	$11,592
Apr 1994	3	957	14.14	—	$42
Mar 1994	367	7,612	12.46	—	$4,573
Feb 1994	538	13,561	12.50	—	$6,725
Jan 1994	183	7,719	12.66	—	$2,317
Dec 1993	730	16,837	12.33	—	$9,001
Nov 1993	547	11,100	14.49	—	$7,926
Oct 1993	550	12,811	15.85	—	$8,718
Sep 1993	548	12,299	15.03	—	$8,236
Aug 1993	1,268	23,052	15.66	—	$19,857
Jul 1993	709	27,305	15.46	—	$10,961
Jun 1993	534	12,030	16.79	—	$8,966
May 1993	1,105	26,336	17.68	—	$19,536
Apr 1993	1,445	29,690	18.05	—	$26,082
Mar 1993	1,656	35,867	18.14	—	$30,040
Feb 1993	1,332	33,381	17.90	—	$23,843
Jan 1993	1,819	41,181	16.93	—	$30,796

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.

Aug 2006 — as filed, then multipliedworked

Oil                    0 bbl  × $ 68.71 =         $0
Casinghead gas         5 Mcf  × $  7.34 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/O/14687 is the state's own key, not one this site invented.