OSBORNE, G. J. "B"

Operated by OMIMEX ENERGY, INC. (P-5 622718) in the MADISONVILLE, NE. (DEXTER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 23786District 03Field 56593500OilCasinghead gasSaveExport
Value, all time
$1.0 M
Dec 1999 – Nov 2016
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
204
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 32 leases and 35 wells, and the rule below applies to all of them.

Discovered
1960-09-04
as the register files it
Field class
Oil
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

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
OilDisposition20,309 bbl$1,022,584
Casinghead gasProduction3,727 Mcf$19,656
Total$1,042,240

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 30.9279, -95.9773. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.92792, -95.97732 · 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
10,007 ft
1 wells filed one
Completion to plug
16.8 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 10,007 ft.

Completions filed
Dec 1999
1 of 1 wells
Plug dates filed
Oct 2016
1 of 1 wells

Last completion to plug: a median of 16.8 years across the 1 well that filed both dates, with the middle half between 16.8 years and 16.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31330463310,007 ftDec 1999Oct 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 (204)

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

204 months

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 201662036.561.99$2,267
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015168032.362.00$5,436
Nov 20150038.792.17$0
Oct 2015188043.552.43$8,187
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 2015147048.152.95$7,078
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015168044.662.98$7,503
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014149070.464.25$10,499
Oct 20140078.303.90$0
Sep 2014132086.164.05$11,373
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014160098.164.74$15,706
May 2014155094.734.73$14,683
Apr 2014172095.944.81$16,502
Mar 2014326095.895.06$31,260
Feb 2014176097.406.19$17,142
Jan 2014159590.404.86$14,398
Dec 2013166091.824.35$15,242
Nov 20130088.853.74$0
Oct 2013317097.423.78$30,882
Sep 20131650104.113.72$17,178
Aug 20131630104.253.52$16,993
Jul 20131590102.523.72$16,301
Jun 20130094.403.93$0
May 2013330094.834.15$31,294
Apr 2013325093.964.28$30,537
Mar 20130093.623.91$0
Feb 20131671491.233.42$15,283
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201216440279.822.52$14,103
May 20123599591.612.49$33,124
Apr 2012035101.652.00$70
Mar 2012011105.052.22$24
Feb 201214919101.102.57$15,113
Jan 20121631098.092.73$16,016
Dec 2011159996.873.24$15,431
Nov 20111562395.723.31$15,008
Oct 20111673284.983.65$14,308
Sep 2011328683.623.99$27,451
Aug 2011167083.404.15$13,928
Jul 201101694.144.52$72
Jun 201130015792.904.64$28,598
May 20110298.134.40$9
Apr 20113280105.964.33$34,755
Mar 20110896.364.06$32
Feb 201102185.644.18$88
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010144080.843.80$11,641
Oct 20101631978.103.51$12,797
Sep 20103295272.633.98$24,102
Aug 201002473.684.42$106
Jul 20100172.554.74$5
Jun 20103054270.364.91$21,666
May 20103303371.124.24$23,609
Apr 20101695981.694.12$14,049
Mar 201005778.394.39$250
Feb 20101732073.585.44$12,838
Jan 20101643174.365.96$12,380
Dec 200903871.445.48$208
Nov 200916510674.593.75$12,705
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009327061.133.46$19,990
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008168937.105.98$6,287
Nov 20084055.496.86$222
Oct 200816075.246.92$1,204
Sep 200840101.767.88$407
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
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 200525052.337.38$1,308
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 2003152028.174.76$4,282
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 2003319028.565.98$9,111
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 2003175033.487.93$5,859
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002173024.664.14$4,266
Oct 2002157026.464.23$4,154
Sep 20020027.443.64$0
Aug 2002161025.963.16$4,180
Jul 20020024.583.06$0
Jun 2002153023.733.34$3,631
May 2002337024.663.58$8,310
Apr 2002151023.653.51$3,571
Mar 2002344022.003.10$7,568
Feb 2002390018.222.38$7,106
Jan 2002172017.172.38$2,953
Dec 2001339016.932.36$5,739
Nov 2001461018.072.41$8,330
Oct 2001958019.782.53$18,949
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001360023.933.20$8,615
Jun 2001352024.563.82$8,645
May 2001514025.524.31$13,117
Apr 2001695024.685.34$17,153
Mar 2001664024.545.38$16,295
Feb 200133743527.755.77$11,860
Jan 200151355827.478.40$18,779
Dec 200058226826.889.12$18,089
Nov 2000500032.215.66$16,105
Oct 200051425231.235.15$17,349
Sep 200016522431.875.19$6,420
Aug 200033226529.644.54$11,044
Jul 2000036928.534.09$1,509
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000477024.513.12$11,691
Mar 2000982028.422.86$27,908
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$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.

Apr 2016 — as filed, then multipliedworked
Oil                   62 bbl  × $ 36.56 =     $2,267
Casinghead gas         0 Mcf  × $  1.99 =         $0

────────────────────────────────────────────────────
Month total                                   $2,267

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/23786 is the state's own key, not one this site invented.