OLSON, J. O. ET AL

Operated by PENN VIRGINIA OIL & GAS, L.P. (P-5 651780) in the RUGELEY, SW. (13200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 20029District 03Field 78875585OilCasinghead gasSaveExport
Value, all time
$993 k
Jan 1993 – Sep 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
177
no gaps in the span
Streams
2
oil, casinghead 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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1980-10-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD ADMINISTRTIVELY BALANCED EFF 6/1/04 PER OPERATOR REQUEST

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
OilDisposition19,492 bbl$334,827
Casinghead gasProduction412,990 Mcf$658,147
Total$992,974

163,801 Mcf of this lease's gas, across 47 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 28.9612, -95.8048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.96121, -95.80476 · 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
13,750 ft
1 wells filed one
Completion to plug
3.0 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 13,750 ft.

Completions filed
Oct 2013
1 of 1 wells
Plug dates filed
Oct 2016
1 of 1 wells

Last completion to plug: a median of 3.0 years across the 1 well that filed both dates, with the middle half between 3.0 years and 3.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-32131016313,750 ftOct 2013Oct 2016Yes

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 (177)

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

177 months

Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001302024.545.38$7,411
Feb 2001077027.755.77$4,441
Jan 200101,65727.478.40$13,917
Dec 20001852,19726.889.12$25,015
Nov 200001,34132.215.66$7,587
Oct 200001,40531.235.15$7,229
Sep 200001,23431.875.19$6,400
Aug 20001906,21629.644.54$33,857
Jul 200004,07628.534.09$16,670
Jun 20001884,85129.304.40$26,839
May 20001963,11127.263.68$16,791
Apr 200001,25224.513.12$3,901
Mar 200006,20428.422.86$17,742
Feb 20001895,14027.622.73$19,234
Jan 20001883,90725.272.48$14,442
Dec 19991774,55224.282.42$15,330
Nov 19991856,42323.192.43$19,924
Oct 199902,13220.982.80$5,978
Sep 19991825,11921.752.62$17,364
Aug 199905,76919.262.88$16,589
Jul 19993595,96117.892.37$20,564
Jun 19991845,22615.942.36$15,277
May 19993616,33615.792.32$20,406
Apr 199907,87115.102.21$17,380
Mar 19993605,75412.471.84$15,067
Feb 19993629,6759.981.82$21,200
Jan 199906,59010.381.90$12,521
Dec 19983336,2509.201.77$14,147
Nov 19983625,34110.892.19$15,616
Oct 199806,22112.421.97$12,250
Sep 19983561,73812.592.08$8,102
Aug 199807,01911.301.91$13,388
Jul 199803,74711.742.24$8,383
Jun 19983458,40311.242.24$22,678
May 19983552,06312.622.21$9,032
Apr 199807,50713.042.51$18,808
Mar 19983414,70312.802.31$15,226
Feb 199804,88213.952.30$11,224
Jan 19983456,60014.702.15$19,293
Dec 199705,70316.322.41$13,751
Nov 19973569,63418.193.09$36,228
Oct 19973526,49219.253.15$27,225
Sep 1997065017.742.95$1,921
Aug 1997060517.862.55$1,546
Jul 19973445,86217.582.25$19,219
Jun 199705,24917.242.26$11,848
May 19977128,40018.972.31$32,898
Apr 199735417,17017.882.08$42,091
Mar 199701,37318.951.94$2,662
Feb 19977025,01020.492.21$25,436
Jan 199703,79823.483.54$13,444
Dec 1996099523.32$0
Nov 19963621,10921.97$7,953
Oct 1996029723.31$0
Sep 199604,19822.22$0
Aug 19963623,78920.26$7,334
Jul 19963623,55819.55$7,077
Jun 199603,61618.73$0
May 19963564,83419.43$6,917
Apr 19963664,19421.51$7,873
Mar 199604,27519.38$0
Feb 19963394,16816.98$5,756
Jan 199604,38817.07$0
Dec 19953534,18717.19$6,068
Nov 19953624,69516.00$5,792
Oct 199502,80515.43$0
Sep 19953652,92116.18$5,906
Aug 19953553,31215.92$5,652
Jul 199535310,21915.24$5,380
Jun 19956932,33316.41$11,372
May 199504,79717.56$0
Apr 19950017.73$0
Mar 1995057316.44$0
Feb 199501,30516.58$0
Jan 19953501,77315.92$5,572
Dec 19943612,57615.03$5,426
Nov 199401,02215.90$0
Oct 199402,01415.58$0
Sep 19943452,51515.29$5,275
Aug 199403,55416.13$0
Jul 19943505,39517.56$6,146
Jun 19943483,45717.09$5,947
May 19943563,97115.88$5,653
Apr 19943544,03014.14$5,006
Mar 199404,72012.46$0
Feb 19943571,79312.50$4,463
Jan 199402,34912.66$0
Dec 19933582,67612.33$4,414
Nov 19933544,89014.49$5,129
Oct 19933416,66515.85$5,405
Sep 19933486,00115.03$5,230
Aug 19933494,55015.66$5,465
Jul 19931792,65115.46$2,767
Jun 199303,01116.79$0
May 19931937,25417.68$3,412
Apr 19936967,25718.05$12,563
Mar 19933602,81618.14$6,530
Feb 1993013917.90$0
Jan 1993015416.93$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.

Mar 2001 — as filed, then multipliedworked
Oil                  302 bbl  × $ 24.54 =     $7,411
Casinghead gas         0 Mcf  × $  5.38 =         $0

────────────────────────────────────────────────────
Month total                                   $7,411

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/20029 is the state's own key, not one this site invented.