OLVERA GAS UNIT

Name: OLVERA GAS UNIT lease production and value, Jan 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by INLAND OCEAN, INC. (P-5 424607) in the FOUR SEVENS (YEGUA A 7865) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206914District 04Field 32374300CondensateGasSave Export

Value, all time

$2.0 M

Jan 2004 – Jan 2017

Value, last 12 filed months

at the published price for each month

Months reported

157

no gaps in the span

Streams

condensate, gas

The FOUR SEVENS (YEGUA A 7865) 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 7 leases and 7 wells, and the rule below applies to all of them.

Discovered

1985-12-31

as the register files it

Field class

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: “AOF-1 AND AOF-2 EFFECTIVE 12/01/97.”

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
Condensate	Disposition	3,575 bbl	$219,677
Gas	Production	306,779 Mcf	$1,825,104
Total			$2,044,781

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 27.5895, -98.2525. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.58947, -98.25253 · 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%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,210 ft

1 wells filed one

Completion to plug

11.8 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 8,210 ft.

Completions filed

Jan 2004

1 of 1 wells

Plug dates filed

Nov 2015

1 of 1 wells

Last completion to plug: a median of 11.8 years across the 1 well that filed both dates, with the middle half between 11.8 years and 11.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-13136743	1	8,210 ft	Jan 2004	Nov 2015	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 (157)

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

157 months


Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	1,393	56.15	2.88	$4,016
May 2015	0	1,523	55.21	2.96	$4,501
Apr 2015	0	1,500	49.82	2.71	$4,060
Mar 2015	0	2,051	42.89	2.93	$6,019
Feb 2015	174	935	44.66	2.98	$10,554
Jan 2015	0	1,551	43.43	3.10	$4,809
Dec 2014	0	1,572	54.69	3.59	$5,646
Nov 2014	0	1,939	70.46	4.25	$8,244
Oct 2014	0	2,312	78.30	3.90	$9,019
Sep 2014	0	2,749	86.16	4.05	$11,121
Aug 2014	0	2,195	89.39	4.04	$8,857
Jul 2014	0	1,888	96.56	4.18	$7,891
Jun 2014	175	2,393	98.16	4.74	$28,513
May 2014	49	2,742	94.73	4.73	$17,602
Apr 2014	0	3,488	95.94	4.81	$16,774
Mar 2014	0	3,259	95.89	5.06	$16,480
Feb 2014	0	3,612	97.40	6.19	$22,366
Jan 2014	0	3,703	90.40	4.86	$17,999
Dec 2013	183	4,811	91.82	4.35	$37,752
Nov 2013	0	4,286	88.85	3.74	$16,022
Oct 2013	0	1,254	97.42	3.78	$4,739
Sep 2013	0	63	104.11	3.72	$234
Aug 2013	0	943	104.25	3.52	$3,322
Jul 2013	0	1,016	102.52	3.72	$3,777
Jun 2013	0	756	94.40	3.93	$2,974
May 2013	0	1,150	94.83	4.15	$4,771
Apr 2013	0	1,153	93.96	4.28	$4,938
Mar 2013	80	811	93.62	3.91	$10,663
Feb 2013	0	916	91.23	3.42	$3,133
Jan 2013	0	899	91.60	3.42	$3,075
Dec 2012	200	779	86.77	3.42	$20,018
Nov 2012	0	748	86.95	3.62	$2,711
Oct 2012	0	990	89.38	3.40	$3,366
Sep 2012	0	1,260	94.67	2.92	$3,677
Aug 2012	0	1,188	92.66	2.91	$3,455
Jul 2012	0	1,036	85.13	3.02	$3,130
Jun 2012	220	966	79.82	2.52	$19,994
May 2012	0	1,005	91.61	2.49	$2,501
Apr 2012	0	970	101.65	2.00	$1,937
Mar 2012	0	1,336	105.05	2.22	$2,969
Feb 2012	0	1,297	101.10	2.57	$3,334
Jan 2012	0	1,096	98.09	2.73	$2,997
Dec 2011	0	1,120	96.87	3.24	$3,629
Nov 2011	0	1,158	95.72	3.31	$3,834
Oct 2011	0	1,091	84.98	3.65	$3,981
Sep 2011	0	1,255	83.62	3.99	$5,002
Aug 2011	0	1,145	83.40	4.15	$4,751
Jul 2011	0	1,260	94.14	4.52	$5,692
Jun 2011	190	1,324	92.90	4.64	$23,794
May 2011	0	1,234	98.13	4.40	$5,436
Apr 2011	0	1,219	105.96	4.33	$5,282
Mar 2011	0	1,438	96.36	4.06	$5,834
Feb 2011	0	1,225	85.64	4.18	$5,120
Jan 2011	0	1,469	86.50	4.59	$6,741
Dec 2010	179	1,547	85.73	4.35	$22,072
Nov 2010	0	1,209	80.84	3.80	$4,589
Oct 2010	0	1,587	78.10	3.51	$5,569
Sep 2010	0	1,317	72.63	3.98	$5,241
Aug 2010	0	1,366	73.68	4.42	$6,037
Jul 2010	0	1,447	72.55	4.74	$6,854
Jun 2010	0	1,643	70.36	4.91	$8,068
May 2010	0	1,763	71.12	4.24	$7,467
Apr 2010	0	1,235	81.69	4.12	$5,092
Mar 2010	0	1,505	78.39	4.39	$6,605
Feb 2010	0	1,308	73.58	5.44	$7,119
Jan 2010	0	1,480	74.36	5.96	$8,827
Dec 2009	0	1,651	71.44	5.48	$9,054
Nov 2009	0	1,823	74.59	3.75	$6,839
Oct 2009	0	1,456	72.54	4.11	$5,985
Sep 2009	0	1,342	65.54	3.06	$4,113
Aug 2009	0	1,513	67.42	3.22	$4,870
Jul 2009	0	1,122	61.13	3.46	$3,887
Jun 2009	0	1,549	66.16	3.90	$6,033
May 2009	0	1,875	54.74	3.93	$7,361
Apr 2009	0	1,535	46.77	3.59	$5,507
Mar 2009	0	1,774	42.14	4.06	$7,201
Feb 2009	0	1,669	32.81	4.63	$7,732
Jan 2009	0	1,443	35.86	5.37	$7,750
Dec 2008	0	1,657	37.10	5.98	$9,904
Nov 2008	0	1,443	55.49	6.86	$9,900
Oct 2008	0	1,367	75.24	6.92	$9,462
Sep 2008	0	1,383	101.76	7.88	$10,894
Aug 2008	0	1,586	114.22	8.48	$13,454
Jul 2008	0	1,636	131.08	11.39	$18,633
Jun 2008	0	1,795	131.33	13.03	$23,394
May 2008	0	2,123	123.17	11.57	$24,572
Apr 2008	0	1,821	110.31	10.45	$19,038
Mar 2008	0	1,714	101.90	9.66	$16,564
Feb 2008	0	1,694	92.53	8.77	$14,857
Jan 2008	0	2,025	90.38	8.21	$16,617
Dec 2007	0	2,214	88.33	7.30	$16,167
Nov 2007	0	2,287	91.67	7.29	$16,676
Oct 2007	0	1,983	82.85	6.92	$13,726
Sep 2007	0	1,919	75.84	6.24	$11,983
Aug 2007	0	1,999	69.06	6.39	$12,769
Jul 2007	0	2,461	70.90	6.39	$15,721
Jun 2007	0	2,521	62.00	7.55	$19,030
May 2007	0	1,850	58.74	7.85	$14,516
Apr 2007	0	1,925	59.61	7.81	$15,025
Mar 2007	200	2,311	56.92	7.30	$28,259
Feb 2007	0	2,076	55.10	8.22	$17,056
Jan 2007	0	2,025	50.30	6.73	$13,622
Dec 2006	0	2,306	56.65	6.92	$15,954
Nov 2006	0	2,263	54.20	7.62	$17,238
Oct 2006	0	2,195	54.90	6.01	$13,200
Sep 2006	0	2,259	60.08	5.04	$11,379
Aug 2006	0	2,694	68.71	7.34	$19,774
Jul 2006	170	2,546	69.37	6.34	$27,942
Jun 2006	0	2,315	66.28	6.38	$14,779
May 2006	167	2,568	66.01	6.42	$27,523
Apr 2006	183	2,547	64.39	7.36	$30,531
Mar 2006	0	2,869	56.70	7.08	$20,321
Feb 2006	0	2,341	57.59	7.75	$18,145
Jan 2006	0	2,869	60.59	8.93	$25,630
Dec 2005	0	2,180	54.94	13.42	$29,246
Nov 2005	0	3,040	54.69	10.59	$32,189
Oct 2005	0	2,642	58.34	13.80	$36,448
Sep 2005	0	2,583	61.45	12.08	$31,200
Aug 2005	0	2,991	61.51	9.80	$29,302
Jul 2005	0	3,059	55.69	7.84	$23,994
Jun 2005	0	3,391	52.33	7.38	$25,029
May 2005	0	3,358	45.22	6.65	$22,335
Apr 2005	0	3,135	49.20	7.36	$23,075
Mar 2005	0	2,963	50.37	7.15	$21,200
Feb 2005	0	2,779	45.22	6.31	$17,541
Jan 2005	0	3,188	43.16	6.32	$20,155
Dec 2004	0	2,899	39.86	6.75	$19,571
Nov 2004	36	2,065	45.28	6.33	$14,702
Oct 2004	177	2,867	49.70	6.52	$27,476
Sep 2004	0	3,068	43.24	5.28	$16,211
Aug 2004	0	3,569	42.37	5.55	$19,810
Jul 2004	177	5,079	38.28	6.08	$37,677
Jun 2004	66	5,127	36.10	6.43	$35,365
May 2004	176	6,994	37.48	6.49	$52,020
Apr 2004	181	7,929	34.47	5.86	$52,691
Mar 2004	181	9,049	34.36	5.53	$56,261
Feb 2004	225	12,862	32.45	5.51	$78,166
Jan 2004	186	11,744	32.03	6.30	$79,941

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 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 56.15 =         $0
Gas                1,393 Mcf  × $  2.88 =     $4,016

────────────────────────────────────────────────────
Month total                                   $4,016

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. 04/G/206914 is the state's own key, not one this site invented.