OLIVAREZ-VAN DRESAR UNIT

Operated by PALADIN PETROLEUM III, L.L.C. (P-5 635107) in the MCMORAN (8960) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 233906District 04Field 59818852CondensateGasSaveExport
Value, all time
$2.8 M
Dec 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
222
no gaps in the span
Streams
2
condensate, 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 84 leases and 84 wells, and the rule below applies to all of them.

Discovered
1968-11-27
as the register files it
Field class
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 field rule took effect on 2003-09-22.

The Commission's schedule remark for this field reads: WELL AND 95% ACRES.THE ALLOCATION SUSPENSION REMAINS.

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
CondensateDisposition6,289 bbl$526,844
GasProduction332,637 Mcf$2,302,380
Total$2,829,224

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 26.7107, -98.3499. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.71069, -98.34988 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,637 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,637 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-21533724310,637 ftDec 2007

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 (222)

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

222 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202001914.751.80$34
Mar 2020044930.341.86$833
Feb 2020050549.881.98$1,000
Jan 20203536257.252.09$2,762
Dec 2019052359.012.30$1,205
Nov 2019044955.302.75$1,235
Oct 2019062553.472.42$1,512
Sep 2019034255.052.66$909
Aug 201905353.112.30$122
Jul 2019035056.272.46$861
Jun 2019029052.782.49$722
May 2019052558.482.74$1,439
Apr 201918630962.632.75$12,499
Mar 2019017156.803.06$524
Feb 2019011150.852.79$310
Jan 2019011746.033.23$378
Dec 201807146.594.19$297
Nov 2018981,97252.934.24$13,543
Oct 2018030761.443.40$1,043
Sep 2018071459.543.11$2,219
Aug 2018080359.403.07$2,462
Jul 2018053765.142.93$1,574
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018015461.782.77$426
Jan 2018015462.874.01$617
Dec 2017012857.272.92$374
Nov 2017018155.423.12$564
Oct 2017016149.292.98$480
Sep 201705647.523.09$173
Aug 2017039645.373.00$1,190
Jul 2017042243.873.09$1,303
Jun 2017042242.493.09$1,303
May 2017143545.373.26$1,465
Apr 2017133447.933.21$1,121
Mar 2017049546.772.98$1,477
Feb 2017045250.452.95$1,335
Jan 20176873349.413.42$5,866
Dec 2016049948.763.72$1,858
Nov 2016078042.492.64$2,063
Oct 2016069046.193.09$2,132
Sep 2016071341.553.10$2,211
Aug 2016072141.442.92$2,108
Jul 20169466041.622.92$5,842
Jun 2016075545.352.69$2,028
May 2016087442.521.99$1,740
Apr 2016095836.561.99$1,907
Mar 2016077233.011.79$1,385
Feb 2016081926.472.06$1,690
Jan 2016075627.352.36$1,787
Dec 201510279132.362.00$4,884
Nov 2015079938.792.17$1,732
Oct 2015068143.552.43$1,653
Sep 2015071642.992.76$1,975
Aug 2015077040.162.87$2,212
Jul 2015075248.152.95$2,215
Jun 2015072656.152.88$2,093
May 2015087855.212.96$2,595
Apr 20159676549.822.71$6,853
Mar 2015084742.892.93$2,486
Feb 2015085144.662.98$2,533
Jan 2015062743.433.10$1,944
Dec 2014079954.693.59$2,870
Nov 2014074970.464.25$3,185
Oct 2014073778.303.90$2,875
Sep 20149476186.164.05$11,178
Aug 2014089089.394.04$3,591
Jul 2014059296.564.18$2,474
Jun 2014048298.164.74$2,283
May 2014084494.734.73$3,989
Apr 2014047595.944.81$2,284
Mar 2014062695.895.06$3,166
Feb 2014074297.406.19$4,594
Jan 2014038790.404.86$1,881
Dec 2013051791.824.35$2,251
Nov 2013017088.853.74$636
Oct 2013044097.423.78$1,663
Sep 20130570104.113.72$2,119
Aug 201393652104.253.52$11,992
Jul 20130852102.523.72$3,168
Jun 2013070994.403.93$2,789
May 2013059094.834.15$2,448
Apr 2013075893.964.28$3,246
Mar 2013082293.623.91$3,216
Feb 201301,15791.233.42$3,957
Jan 201301,02491.603.42$3,502
Dec 201201,03886.773.42$3,550
Nov 2012063986.953.62$2,316
Oct 20127795289.383.40$10,119
Sep 2012071494.672.92$2,084
Aug 2012080592.662.91$2,341
Jul 2012095085.133.02$2,870
Jun 2012092079.822.52$2,318
May 20129191691.612.49$10,616
Apr 20120650101.652.00$1,298
Mar 20120821105.052.22$1,824
Feb 20120506101.102.57$1,301
Jan 2012073498.092.73$2,007
Dec 20116780996.873.24$9,111
Nov 2011092395.723.31$3,056
Oct 2011049684.983.65$1,810
Sep 201101,27883.623.99$5,094
Aug 20111751,28783.404.15$19,935
Jul 201101,30994.144.52$5,913
Jun 201101,34892.904.64$6,255
May 201101,19698.134.40$5,268
Apr 20110859105.964.33$3,722
Mar 201101,10896.364.06$4,496
Feb 20117180885.644.18$9,458
Jan 201102,52986.504.59$11,605
Dec 201001,21385.734.35$5,274
Nov 201001,56180.843.80$5,925
Oct 201001,88978.103.51$6,628
Sep 201001,57372.633.98$6,260
Aug 20102761,97173.684.42$29,046
Jul 20101842,41672.554.74$24,793
Jun 201002,04470.364.91$10,037
May 20101802,24671.124.24$22,314
Apr 201002,63681.694.12$10,867
Mar 20101802,28778.394.39$24,147
Feb 201001,90673.585.44$10,373
Jan 201002,15274.365.96$12,835
Dec 20091831,47971.445.48$21,184
Nov 200922,79174.593.75$10,620
Oct 20091923,01272.544.11$26,308
Sep 200933,32665.543.06$10,390
Aug 20091822,92267.423.22$21,675
Jul 200933,93361.133.46$13,809
Jun 20093623,20866.163.90$36,445
May 200933,43454.743.93$13,645
Apr 200934,17646.773.59$15,122
Mar 200914,37242.144.06$17,788
Feb 200914,46532.814.63$20,719
Jan 20091954,62035.865.37$31,807
Dec 200805,54337.105.98$33,131
Nov 200804,75455.496.86$32,614
Oct 200804,92175.246.92$34,063
Sep 20081925,899101.767.88$66,005
Aug 20081817,084114.228.48$80,768
Jul 200809,478131.0811.39$107,949
Jun 200839,518131.3313.03$124,439
May 200836912,907123.1711.57$194,839
Apr 200837817,862110.3110.45$228,442
Mar 200819324,583101.909.66$257,239
Feb 200890340,56592.538.77$439,333
Jan 200877140,86090.388.21$404,969
Dec 2007010,76488.337.30$78,598

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 14.75 =         $0
Gas                   19 Mcf  × $  1.80 =        $34

────────────────────────────────────────────────────
Month total                                      $34

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/233906 is the state's own key, not one this site invented.